Answer:
All of these options is true
Explanation:
Statement of revenue and expenses is a comprehensive report showing the amount of profit earned minus the amount of operating expenses.
It provides information regarding the organization's operation as well as the revenue generated.
Revenue earned is collated as receipts and included in the statement of revenue and expenses.
Regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college choosing to report as a special-purpose entity engaged in business-type activities, the following apply:
- State appropriations should be reported as non-operating income
- Both contributions for plant and for endowment purposes must be reported separately after both operating and non-operating revenues and expenses
- An operating income figure must be displayed
Answer:
correct answer is c. You both have the same amount of money
Explanation:
given data
invest = $1000
pay compound interest = 10%
pay simple interest = 10%
time = 1 year
solution
we get here difference in the total amount that is your friend money - your money .................1
so difference in the total amount = invest × 
- [ invest + ( invest × rate × time) ] ......................2
put here value
difference in the total amount = $1000 × 
- [$1000 + ( 1000 × 10% × 1) ]
difference in the total amount = 0
so correct answer is c. You both have the same amount of money
<span>
<span>In
investment, the term risk can be defined as the possibility of the investor
losing all or part of their capital in a given venture. High quality bonds
are considered lower risk because the the investor is promised to receive
face value after a certain period unlike stocks that do not carry the same
promise. Returns on high quality bonds are also guaranteed in the form of
fixed interest rates whereas in stocks, a company may pay dividends but this
is not an obligation on their part. Lastly bonds are safer investment as they
are less susceptible to abnormal price changes unlike stocks whose prices can
easily swing in either direction.</span></span>
Answer:
d. all of the answers are correct
Explanation:
Cost allocation is being done:
1) to influence management behavior and thus promote goal and managerial effort,
2) to measure inventory costs and to know of goods sold on a product or project,
3) to justify cost (e.g to justify an accepted bid).
For example, if you are to determine the amount of electricity consumed at a particular period, the number of units consumed determines the total cost to be paid for the electricity consumed. In such an instance, the number of units of electricity consumed is a Cost Driver.
A cost driver is the most appropriate way of calculating or determining a specific cost.
Variable cost drivers can come in the form of hourly costs, costs per unit, or batch costs, among others.
Cost drivers can be fixed costs, such as in the case of set-up costs.
