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harkovskaia [24]
4 years ago
8

Some federal grants, such as categorical grants, ____________, while others, such as block grants, ____________.

Business
1 answer:
Vinil7 [7]4 years ago
5 0
Fund only individual citizens; fund only projects for states and localities
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In a particular year, the Haynes Independent School District collects $100 million in property taxes.State law requires that pro
Sindrei [870]

Answer:

c.$100 million in a governmental fund

Explanation:

We are recording for the collectiong of the funds thus, we should ignore the latter contribution unti lit is performed.

An agency fund occures when one government agency colllects and holds on behalf of another

In this case, the Haynes Independent School District do not collected those taxes in behalft of a certain governemtn agency. Latter the State will take a portion of this and assign as it see fits thus, it will not be considered agency fund. Hence, the entire amount is governmental fund

4 0
3 years ago
Marwick Corporation issues 8%, 5 year bonds with a par value of $1,000,000 and semiannual interest payments. On the issue date,
schepotkina [342]

Answer:

The bond's issue(selling) price is $1,085,308.00  

Explanation:

The price of the bond is the present values of the future cash flows discounted to present values.Instead of discounting the coupons an annuity factor was used instead but the par value receivable at maturity was discounted using the discounting factor in the question.

Kindly find attached.

Download xlsx
4 0
4 years ago
After the Russian Empire developed into the communist Soviet Union, which of the following typified life for the common people?S
Diano4ka-milaya [45]

Answer:

Option A Low standard of living

Option C Food shortages

Option D No freedom of religion

Option E No freedom of speech

Explanation:

These were the results of communism in the Soviet Union, the productivity of employees fell below average country and the soviet union products lost its way which resulted in increase in unemployment, lower standard of living and food shortages. So as we know that the country which pursue communism in those times, they didn't gave any freedom of speech and and religion. So these were the losses to Soviet Union and its allies.

6 0
3 years ago
Balance sheet accounts Group of answer choices 1. are called real accounts 2. have zero balances after the closing entries have
tatiyna

Answer:

1. are called real accounts

Explanation:

Balance sheet accounts are the real account and these accounts do not close and balances of these accounts accumulated and carried forward to next accounting period. These balance represents the net accumulated values of all the past years. These accounts are also affected by the all the adjustments. Every transaction ultimately effect any of the balance sheet account.

7 0
4 years ago
Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for O
suter [353]

Answer:

Materials        187,230‬

Conversion   182,200

Explanation:

FIFO method, from the started units we will add the reamining work onthe beginning WIP invnetory and subtract the undone part of the ending WIP inventory

Materials

Started units                               176,000

October   1st  27,000 x (1 - 57%) = 11,610‬

October 31th 20,000 x    (1-81%) =  (380)

                  Equivalent Units     187,230‬

Conversion

Started units                                  176,000

October   1st  27,000 x (1 - 33%) =  18,000

October 31th 20,000 x    (1-41%) = (11,800)

                  Equivalent Units       182,200

5 0
3 years ago
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