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White raven [17]
3 years ago
13

Proceeds of debt issued for the construction or acquisition of capital assets are recognized by the capital projects fund as "ot

her financing sources" and as a liability in the governmental activities journal.A. TRUEB. FALSE
Business
1 answer:
Genrish500 [490]3 years ago
6 0

Answer:

The correct answer is letter "A": True.

Explanation:

In governmental accounting, capital project fund is used to record the resources necessary for major capital assets which are those expected to generate value over the long-run such as <em>buildings, machinery, </em>and<em> vehicles</em>. <em>Current liabilities</em> derived from the capital assets are recognized by capital fund but<em> long-term liabilities </em>are recorded in the governmental activities journal.

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Define bond economics.​
valentinak56 [21]
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds. Bonds can be in mutual funds or can be in private investing where a person would give a loan to a company or the government.
6 0
2 years ago
Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some ti
V125BC [204]

In the short-run, the effect on the price level and the real GDP is <em>a. Both the </em><em>price level </em><em>and </em><em>real GDP </em><em>rise.</em>

Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:

  • Rise while the real GDP falls
  • Fall while the real GDP rises
  • Fall with the real GDP.

<u>Question Options</u>:

a. both the price level and real GDP rise.

b. the price level rises and real GDP falls.

c. the price level falls and real GDP rises.

d. both the price level and real GDP fall.

Thus, in the short-term of this economy both the price level and real GDP rise.

Learn more: brainly.com/question/13029724

6 0
2 years ago
For what date did you set your first bill pay to GetFlix?
IceJOKER [234]

Answer:

1st may of 2020, lol let not....

8 0
1 year ago
Latesha Moore has a choice at work between a traditional health insurance plan that pays 80 percent of the cost of doctor visits
Lelu [443]

Answer:

Consider the following calculation and analysis

Explanation:

We will analyse from cost perspective, the alternative with lower cost should be selected.

Total no. of doctor visit = 12 monthly visit + 3 times special visit = 15

Cost = 50 * 15 = $750

Under Traditional health checkup plan

Cost of plan = $ 250 + (20% of doctor visiting charges) = 250 + 20% of 750 = $400

Under HMO

Premium = 20 * 12 months = $240

Co payment = 10 * 15 = 150

Total = $ 390

There is a saving of $10 in HMO, so she should opt for this option. Moreover, the benefit of HMO would be the payments are monthly in small installments ,rather than a big outflow as in the case of traditonal plan.

6 0
3 years ago
The following data relate to direct labor costs for the current period:
mr Goodwill [35]

Answer:$2,125 unfavorable

Explanation:

Given

Standard costs     9,000 hours at $5.50

Actual costs        8,500 hours at $5.75

we have two formulas to calculate  for direct labor rate variance is:

1ST ----Direct Labor rate variance = (Actual Rate- Standard Rate ) x Actual hour

=( $5.75 -$5.50) x 8,500 =  $2,125 unfavorable

2ND----Direct Labor Rate Variance=Actual Direct Labor Cost Incurred - Standard Direct Labor Cost Based on Actual Hours

=Actual Hours x Actual Rate -Actual Hours x Standard Rate

= ($5.75 x 8,500 hours)-($5.50 x 8,500 hours)

$48,875 - $46,750 = $2,125 unfavorable

when the  actual rate is higher than the standard rate, the Direct Labor Rate Variance is unfavorable and if the actual rate is lower than standard rate, the variance is favorable.

3 0
3 years ago
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