Answer:
Expenditures
Explanation:
Wages are expenses. They are debited in the expenditures account. A general fund is used by the government to record the cash transactions as expenses or revenues. Therefore wages will be recorded as expenditures of the given period.
Fund balance is determined by accumulated expenditures over revenue.
Fund accounting includes general ledger , endowment ,grant. And general ledger has income and expense
Answer:
No there was no contract, there was at best an agreement to agree (an agreement based on understanding that a future arrangement can be made).
Nina said she was still thinking about her son's proposal and had not decided yet, so there was no contract.
Oral contracts is a spoken agreement between two parties that may be legally binding.
Breach of oral contract can be hard to prove since it is not written down.
An oral agreement between family members is not enough to be considered a contract.
Explanation:
Answer:
C.
Explanation:
The Gross national product (GNP) is a tool used to measure the nation's total economic activity. Therefore it can be said that these accounts should not only include imports and exports of final goods and services received from and sold to other countries instead the total values and imports and exports should be included in the calculation of the GNP
Answer:
The maximum price that a prudent investor would be willing to pay for a share of Valorous stock today is $37.92
Explanation:
In order to calculate the maximum price that a prudent investor would be willing to pay for a share of Valorous stock today we would have to use the following formula:
Current price=future dividends*present value of discount factor(8%, time period)
Therefore, current price= $40/1.08^2 + $2.35/1.08^2 + $1.75/1.08 =
current price=$34.29+$2,01+$1,62
current price=$37.92
The maximum price that a prudent investor would be willing to pay for a share of Valorous stock today is $37.92
Answer:
Processes
Explanation:
The process is a general term that is used in all fields of human endeavor including business operations to defined a form of set instructions or connected actions that seeks to derive or eventually get a mutual goal at the end. In the business world, it is called Business Process.
Hence, Collections of related activities intended to achieve a common purpose are called PROCESSES
