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Maurinko [17]
3 years ago
6

If your procurement budget request did not provide for buying a whole number of useable end items, this would be a violation of

which funding policy?
Business
1 answer:
Valentin [98]3 years ago
3 0

Answer:

Full funding policy.

Explanation:

This would be a violation of Full funding policy.

Full funding strategy is a federal budgeting requirement implemented by Congress in the 1950s on the Department of Defense (DOD) that mandates all acquisition expenses of a weapons or piece of military equipment to be financed in the year the object is procured. Hence in the above example there is violation of Full funding strategy.

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Which of the following statements are correct (Select all that apply): Select one or more: A. A balance sheet reports on investi
Allushta [10]

Answer: Statement C and Statement D

Explanation:

A. A balance sheet reports assets liabilities and capital balances of an entity at a specific point of time.

B. An income statement reports on the revenues earned and the expenses incurred to earn those revenues for a period of one year.

C. Statement of equity reports changes in equity.

D. Cash flow statement shows inflow and outflow of cash from operating , investing and financing.

E. A balance sheet reports companies assets and liabilities at the end of the year.

8 0
3 years ago
Consumer Goods Corporation sells products that are poorly made. Tina, who has never bought a product from Consumer Goods, files
kolbaska11 [484]

Answer: Tina doesn't have a standing

Explanation:

From the information given in the question, we are told that Consumer Goods Corporation sells products that are poorly made.

We are further told that Tina, who has never bought a product from Consumer Goods, files a suit against the firm alleging that its products are defective.

The firm could ask for dismissal of the suit on the basis that Tina doesn't have a standing. This is because Tina has never bought their goods before and therefore shouldn't be alleging that the product of the company is bad. Assuming Tina has bought their products before, then it'll have been harder for the firm to ask for dismissal.

3 0
3 years ago
On February 20, services valued at $60,000 relating to the organization of a corporation were performed in exchange for 1,000 sh
Ganezh [65]

Answer:

Explanation:

The journal entry is shown below:

On February 20

Organization expense A/c Dr     $60,000

          To  Common Stock A/c $25,000       (1,000 shares × $25)

          To  Paid in capital in excess of par-Common Stock $35,000

(Being the organization expense is recorded and remaining balance is credited to the  Paid in capital in excess of par-Common Stock)

3 0
3 years ago
The minimum salary for a running back is $1.35 million per year. One of the Whalers' running backs was hurt during the last game
Reil [10]

Answer: 2

Explanation: $2.7 million divided by $1.35 million is 2.

8 0
3 years ago
Why would having information be a requirement for a purely competitive market?
dusya [7]

Answer:

To no the prices of goods and service and to buy stuff at low prices.

Explanation:

A purely competitive market is a situation where multiplier sellers have homogeneous products. The availability of the information is very important in a purely competitive market in order to decide how many sellers are selling the same product and from where an individual can buy products at low prices. Availability of information means, no seller can earn abnormal profits.

6 0
3 years ago
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