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PilotLPTM [1.2K]
3 years ago
8

Which of the following is correct with respect to rainy day funds? Multiple Choice Rainy day funds are classified as committed o

r restricted if imposed externally or by law. Rainy day funds are classified as unassigned if the funds are available for emergencies or revenue shortfalls which may be accessed on an ongoing basis. Both of the choices are correct. Neither of the choice is correct.
Business
1 answer:
Viefleur [7K]3 years ago
4 0

Answer:

The correct answer is letter "A": Rainy day funds are classified as committed or restricted if imposed externally or by law.

Explanation:

Rainy day funds refer to reserves of resources states keep in case of emergencies or budget shortfalls. These funds are reserved for periods when revenues do not meet expectations and expenditures are higher. Rainy day funds are also used when the state should not incur debt because its financial situation is not optimal.

<em>Rainy days are classified as committed if created by resolution and, in such cases, the purpose of those funds is specified.</em>

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Answer:

A) They would be indifferent, as Sally's income net of costs equals $25,000.

Explanation:

Sally's economic profit = accounting profit - opportunity costs

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economic profit = $12,000 - $12,000 = $0

Since the economic profit is $0, Sally should be indifferent between running her own business or working for someone else.

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Answer: 3. A marketing objective

Explanation:

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Marketing objectives are short-term achievements to help you achieve longer-term goals. They should be set on a weekly or monthly timeline. These objectives help a business set out what a business wants to achieve from its marketing strategy.

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3 years ago
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Determine the degree of the polynomial 2x^2y^3-4xy^2
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The degree for this is 5
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According to growth accounting studies, investing in research and education Group of answer choices is the best way to achieve g
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According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.

<h3 /><h3>What is growth accounting?</h3>

It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.

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2 years ago
Sally would only agree to a second date with Andy if she sees him leave a generous tip for the waiter on their first dinner date
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Answer:

The correct answer is letter "A": Screening mechanism.

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The screening mechanism is the activity in which people identify good qualities in others by evaluating their actions and matching them with their own behavior so they can eventually qualify those other people as suitable for them or not.

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3 years ago
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