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3 years ago

In three to four sentences, explain how an increase in government spending can increase the national debt.

2 answers:

4 0

If the government spends more money, but doesn't increase taxes, they have to borrow money from other countries in order to spend it. If we borrow money from other countries, then our country owes their country. When we owe something, that is called debt.

____ [38]3 years ago

3 0

Knowing that spending costs money and debt is the collection of owed money, the more you spend, the more you owe. The government has a plentiful sum of money and also has accumulated a huge sum of debt. And everyday they produce more. For their debt to increase a more rapid rate, they could increase funding.

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Division A of Barsema, Inc. has operating data as follows: Capacity 20,000 units Selling price $80 per unit Variable costs $45 p

Neporo4naja [7]

Answer:

the minimum price it should charge is $40 per unit.

Explanation:

Minimum Transfer Price = Variable Costs - Internal Savings + Opportunity Cost

Note : Division A has capacity available to meet B's requirements therefore there is no opportunity cost.

There are Internal savings of $5 as A's variable costs will be $5 less per unit.

Minimum Transfer Price = $45 - $5

= $40

4 0

3 years ago

One of the elements of the Fraud Triangle focuses on how easy or hard it is for the internal control system to prevent any fraud

olga55 [171]

Answer: Opportunity

Explanation:

1. Opportunity - Given the fact that employees are granted access to very important documents, this might provide them the opportunity to commit theft. Employees who occupy top positions have access to classified information of the company which when manipulated can result to disastrous consequences. It now be holds on the employers of labour or the internal control system, to limit access to such information so as to make it hard for such fraud to be committed.

The procedures used by auditors to provide evidence are in two phases namely; the planning phase and execution phase.

1. The procedure for the planning phase is - Designing Appropriate Procedures : The evidence in this case could be a red flag noticed in the account records. The person who tried to commit the fraud could change figures in places that may not be noticeable.

2. The procedure for the execution phase involves - Implementing Appropriate Procedures : The evidence could be seen as an error. This error most likely results in wasteful spending.

8 0

3 years ago

Baron Corporation has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following

Oksana_A [137]

Answer:

Concerteza é a letra "B"

Explanation:

Espero que esteja errado, mas espero ter ajudado!

8 0

4 years ago

The operations of Winston Corporation are divided into the Blink Division and the Blur Division. Projections for the next year a

lesya692 [45]

Answer:

d, $24,500

Explanation:

Computation for the Operating income for Winston Corporation as a whole if the Blur Division were dropped

Operating income (loss) for Blink Division $56,000

Less Allocated common costs Blur Division (31,500)

Operating income for Winston Corporation $24,500

Therefore the Operating income for Winston Corporation as a whole if the Blur Division were dropped would be $24,500

8 0

3 years ago

Drew Co. uses the average cost inventory method for internal reporting purposes and LIFO for financial statement and income tax

Xelga [282]

Answer:

Dr Cost of Goods Sold 20,000

Cr LIFO Reserve (20,000 )

Explanation:

Journal Entry

Dr Cost of Goods Sold 20,000

Cr LIFO Reserve (20,000 )

Ending Balances after adjustment:

Stocks:

Inventories 375,000

LIFO Reserve (55,000 )

Total: 320,000 ( Financial Statement and Income Tax compliance )

8 0

3 years ago