Answer:
Service Revenue is $89,000 and Service Expenses is $73,000
Under the Cash Basis Accounting System, transactions are only recognized if there is an inflow or outflow of Cash. This is widely practiced in the Public sector.
Explanation:
Service Revenue $89,000
Total Revenue = $89,000
Lawn Service Expenses $61,000
Lawn Service expense prepaid $12,000
Total Expenses = $73,000
Answer:
Price of the stock will rise or increase
Explanation:
Efficient market hypothesis states that price of stock factors in all information related to the stock. As such, nobody can take advantage of higher returns offered by a particular stock for a long time.
In line with efficient market efficiency, if public expected a bigger loss of $5 but loss was only for $4, the price of stock will increase. Though the company still suffers a loss, it is less than what was expected by the market, resulting in increase in stock price.
Answer: Option (B) is correct.
Explanation:
Public saving refers to the tax revenue amount that a government left with after paying for its expenditure or spending.
Public saving = Tax revenue - Spending
Private saving refers to the after tax income of the individuals after paying for their consumption and taxes.
Suppose there is a government budget deficit, in this situation government's expenditure is greater than government's receipts. This means that tax revenue is not enough to pay out its expenditure.
Therefore, this will lead to negative public savings.
Answer:
Business Process Reengineering (BPR).
Explanation:
In Business Process Reengineering (BPR), when business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerned with cost or much lower-level employee input and decides to take a radical approach that involves a high risk and a lot of time, we can conclude that it has used the Business Process Reengineering (BPR).
Hence, Business Process Reengineering (BPR) is a strategic approach to evaluating and designing business processes and workflow in order to successfully achieve organizational set goals and objectives in product quality and output.
Answer:
Both risk and risky often connote a negative meaning of something related to or involving dangerous and perilous outcomes. Risky is the adjective form of the base word risk. The difference between risk and risky lies in their grammatical categories. The difference between risk and risky lies in their grammatical category. The key difference between risk and risky is that risk is a noun and the verb form whereas risky is the adjective form of the same word.
Explanation: