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Alecsey [184]
3 years ago
6

Financial reporting by not-for-profit, nongovernmental entities should provide information useful in: a) Assessing management st

ewardship and performance.b) Assessing services and the ability to continue to providing services. c) Making resource allocation decisions. d) All of the answers are correct.
Business
2 answers:
solniwko [45]3 years ago
7 0

Answer:

D. All of the answers are correct

Explanation:

Non governmental not for profit organizations are those organizations that are not primarily driven by profit but rather primarily set up towards addressing welfare issues of the society. In financial reporting for a non-governmental not for profit organizations, information should be provided on assessing economic resources, management stewardship and performance, obligations, net resources, and changes in them as well as making decisions on allocation of resources.

kari74 [83]3 years ago
4 0

Answer:

D. All of the above

Explanation:

Financial reporting by not-for-profit, nongovernmental entities should provide information useful in Assessing management stewardship and performance, Assessing services and the ability to continue to providing services, Making resource allocation decisions.

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The supply schedule is identical to the demand schedule at every price. b The quantity demanded is the same as the quantity supp
ale4655 [162]

Answer:

B, The quantity demanded is the same as the quantity supplied.

Explanation:

Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.

6 0
3 years ago
If the supply curve and the demand curve for lettuce both shift to the left by an equal amount, what can we say about the result
Anna [14]

Answer:

d. The price will stay the same, but the quantity will increase.

Explanation:

When the demand and supply both fall, the equilibrium quantity will definately fall but the price will remain the same. The new supply adapts to the reduction of the demand.

6 0
3 years ago
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
ozzi

Explanation:

The free enterprise system is one influenced by the market, which will determine all economic variables, such as price, products and services, and is a system independent of government control to function.

Therefore, it is correct to state that in a free enterprise system, the offer and demand of the consumer for a product or service that will be the determinant of the success or failure of an organization.

As an example of an entrepreneur, we can mention Steve Jobs, who created one of the largest technology companies in the world, Apple. The free enterprise system was one of the reasons for Apple to succeed in becoming one of the most valued companies in the world, due to the fact that it brought innovative products to the market that became examples of products of value to consumers, which made company to grow and become so successful in the market. If the company operated in a government-controlled market, it would probably have to follow specific rules and restrictions for the production of its products that could limit the company, and its performance could be restricted and not as innovative as the company in the market, which is one of the reasons why it achieved success.

5 0
4 years ago
Poskey Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following
MrRa [10]

Answer:

\left[\begin{array}{cccccc}&Cost&Assembly&Setting Up&Other&Total\\wages&349,000&226,850&69,800&52,350&349,000\\Depreciation&290,000&101,500&58,000&130,500&290,000&Utilities&199,000&29,850&149,250&19,900&199,000&Total&838,000&358,200&277,050&202,750&838,000&\end{array}\right]

Explanation:

We mulitply each line by the stated percent of each activity

<u>for example</u>

Setting Up % x Utilities= Utilities cost assigned to setting up

199,000x 75% = 149,250

Assembly % Depreciation= Depreciation cost assigned to assembly

35% x 290,000 = 101,500

This process must be done to assign each portion of cost.

6 0
3 years ago
Cameron loves computer accessories, and he has a $40 gift card to Best Buy. He can spend his gift card to get either a new keybo
ICE Princess25 [194]

Answer:

$55

Explanation:

Opportunity cost refers to the value of benefit forgone, in order to get the benefit of current option chosen.

Here, Cameron has a gift card worth $40 which he had to use,

Now he had two options:

Either to buy keyboard of $50

or

To buy speakers costing $55

He chooses to buy keyboard and the value of benefit forgone is value of speakers = $55.

Thus, opportunity cost = $55

3 0
3 years ago
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