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svet-max [94.6K]
3 years ago
14

What makes government contracts unique?

Business
2 answers:
faust18 [17]3 years ago
7 0

Answer:

The correct answer is the option D: They create obligations normally applied to government agencies.

Explanation:

On one hand, a <em>government contract</em> is the name given by law to the situation where to parties compromise themself with each other and where one of them is a government agency, therefore that <u><em>its main characteristic is that those type of contracts involve a party that is a government entity</em></u>.  

On the other hand, a <em>government contractor</em> is the name that tends to receive the company, privately owned or publicly trade but not a state owned enterprise, whose characteristic is that it produces goods or services under contract for the government only.

Vika [28.1K]3 years ago
5 0
They create obligations normally applied to government agencies
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Lucas Co. has a job-order cost system. For the month of April, the following debits (credits) appeared in the general ledger acc
aliya0001 [1]

Answer:

direct material charge = $8500

Explanation:

given data

April 1 balance = $24000

April 30 Direct materials = 80000

April 30 Direct labor = 60000

April 30 Factory overhead = 54000

April 30 finished goods =  200000

so balance is = finished goods - ( balance + Direct materials + Direct labor + Factory overhead )

put here value

balance =  200000 - ( 24000 + 80000 + 60000 + 54000 )

balance = 18000

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5 0
3 years ago
Which of the following options is a better purchase for a bicycle?
Bess [88]

Answer:

Option 3: $12 down with equal payments of $5 for 12 months

Explanation:

In option 1 :

The cost is $ 88,

In option 2 :

Down payment = $ 5,

Weekly payment = $ 8,

Number of weeks = 10,

So, the total cost = 5 + 8 × 10 = 5 + 80 = $ 85,

In option 3 :

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In option 4 :

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Monthly payment = $ 20,

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So, the total cost = 12 + 20 × 12 = 12 + 240= $ 252

∵ 72 < 85 < 88 < 252

Hence, option 3 is better.

6 0
3 years ago
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