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Andreyy89
3 years ago
11

Under the modified accrual basis of accounting used by the General Fund, financial resources are considered available if the rev

enue or other financing source is expected to be collected
A. Within 60 days after year-end.

B. Within 90 days after year-end.

C. During the current fiscal period.

D. During the current fiscal period or a reasonable time after year-end defined by each individual government.
Business
1 answer:
patriot [66]3 years ago
6 0

Answer:

D. During the current fiscal period or a reasonable time after year-end defined by each individual government.

Explanation:

Modified accrual basis makes use of the accrual and cash basis of accounting.

It is used to monitor flow of funds in government finance books.

The resource recognition is done as defined by the government within the fiscal year or after.

Estimation of cash flow is done as soon as funds is available to fund government expenditure.

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Primary

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An investment project has annual cash inflows of $2,800, $3,700, $5,100, and $4,300, for the next four years, respectively. The
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Answer:

Discounted payback period = 1.89 years

Explanation:

If Initial cost is $5,200

Year  Cash flow   Present value   Present value      Discounted

                                 at 11%                                       Cumulative cash flow

0          -5,200             1                      -5,200              -5,200

1            2,800           0.9009             2,523               -2,677

2           3,700           0.811                  3,003                326

3            5,100           0.73126              3,729                4,055

4            4,300          0.6587               2,833                6,887

Discounted payback period = 1 + (2,667/3003)

=1.89 years

Working

PV= (1+i)^-n

i= 11%, n= respective years 0,1,2,3,4

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3 years ago
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to me it would actually have to be college course math because im not really good at trigonometry

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Airbase is a consumer electronics company known for its affordable mobile devices that follows a cost-leadership strategy. In th
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Explanation: Companies who thread a cost-leadership strategy or path could be said to be 'price-centric', that is gives price huge cognizance and will strive to be a market or industry leader when it comes to giving best and most affordable prices on products.

Thus, since Airbase follows a cost leadership strategy and also popular among consumers for its affordable devices, it should also weigh or compare it's strategy to other consumer electronics company which is popular among consumers which gives cognizance to price of products they purchase.

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