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3 years ago

Debts that are due in one year or less are classified on the Balance Sheet as

1 answer:

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A balance sheet are the assets, liabilities and equity of your business at a specific point in time. Debts that are due in one year or less are classified on the Balance Sheet as "long-term" debts. <span>Long-term </span>debt<span> is different from the total </span>debt<span>, which includes </span>debt due<span> in </span>less<span> than </span>one year<span>.</span>

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William was given an assignment from his supervisor that had never been a part of his work for the company before. It was a new

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4 years ago

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How volume and variety affects process design

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Answer:

rocesses often producea high variety of products/services and high-volume operations processes often produce a narrow variety of products/services. The design of any process should be governed by the volume and variety it is required to produce. Depending on those factors, processes will changeExplanation:

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3 years ago

irs guidelines require specific information to substantiate deductible automobile expenses. which 3 items are included in the su

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The three items that are included in the substantiation requirements are:

Date Placed in Service
The total mileage; and
Vehicle Type.

<h3>What is IRS guidelines?</h3>

Internal Revenue Service Guidelines are guidelines that individuals and corporates must follow in order to be compliant with the requirements of the IRS.

Thus, it is correct to indicate that according to the IRS Guidelines, the three items that are included in the substantiation requirements are:

Date Placed in Service
The total mileage; and
Vehicle Type.

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2 years ago

Costs that vary in total in direct proportion to changes in an activity level are called: Group of answer choices fixed costs su

mina [271]

Answer:

variable costs

Explanation:

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.

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3 years ago

An oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B. The FED in coun

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When an oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B.

The FED in country A takes immediate action increasing the money supply, while FED in inflationary country B does not take any action

In this case, in long term "Both countries return to their long-term stable equilibrium, but country A will remain with a higher price level than country B".

<h3>What is Federal Reserve System (FED)?</h3>

The nation's central banking system is the Federal Reserve System, usually referred to as the Federal Reserve or just the Fed.

The Fed offers a secure, adaptable, and stable monetary and financial system to the nation.

The Fed's primary responsibilities include-

overseeing and regulating banks,
implementing national monetary policy,
preserving financial stability, and
offering banking services.

Therefore, to better understand the effects of financial services laws and practices on customers and communities, the Federal Reserve promotes supervision, community reinvestment, and research.

To know more about monetary policy, here

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2 years ago