A typical session of Congress lasts on average, 138 days for the House of Representatives in 162 days for the Senate.
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Answer:
A
Explanation:
While financial reserve is an amount set aside, for emergencies is most appropriate is because, emergencies may either be short-term or medium term depending on the way it comes. A reserve can always be used to cushion the effect of unexpected events.
Answer: A. I and IV only
Explanation:
The relationship between bond prices and interest is an inverse one. This is because bonds have fixed rates so when for instance interest rates increase, the fixed rate of bonds will become less attractive as people would want to make the higher interest. They will therefore demand less of bonds and the prices will drop. The reverse is true.
Also, long term bonds are more affected by interest rate changes then short term bonds. This is because, as they have a longer term till maturity, they will be even less attractive when interest rates rise.
Answer:
D. Flow-through tax entity.
Explanation:
An organization that does not pay income tax on its profits but passes them through to its owners who pay the tax at their individual rates is called a flow-through tax entity.
Answer:
Dure Corporation's cost formula for its selling and administrative expense is $24,500 per month plus $1 per unit. For the month of July, the company planned for activity of 7,200 units, but the actual level of activity was 7,160 units. The actual selling and administrative expense for the month was $31,460.