Answer:
$0.12 billion; a budget surplus
Explanation:
Given that,
Total spending for the last fiscal year = $4.71 billion
Tax collected during the same fiscal year = $4.83 billion
Government transfers = $0
Lilliput's budget balance:
= (Taxes - Government transfers) - Total spending of government
= ($4.83 billion - $0) - $4.71 billion
= $0.12 billion
Therefore, the Lilliput has a budget surplus during the last fiscal year because of the positive budget balance.
Answer:
b. Dr Production overhead control a/c Cr Material control account.
Explanation:
Indirect material in the production process is defined as those input that cannot be directly traced to the product. They are different from direct materials like raw materials that are used to make the product.
Indirect materials are classified as overhead.
The double entry for issue of indirect materials is:
Debit production overhead
Credit raw materials inventory (material control account)
Note direct production materials and indirect production materials are credited to material material control account on purchase.
Answer:
Sound editer, rapper, Beat boxer,
Explanation:
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A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.
<h3>What is marketing intermediaries?</h3>
Marketing intermediaries can be defined as the people that acts as a link between a manufacturer and consumer.
This Marketing Intermediaries perform important functions as they assist companies or organization to market and sell their product and to as well distribute products from the manufacturer to end user.
Therefore a reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.
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By definition a discontinuous innovation requires a large amount of learning on the part of users and creates new market and consumption patterns.
The answer to this question is option B. A discontinuous innovation is one whereby the users are introduced to those products that needs them to have a change in their behavioral mode.
Here a new product which is totally different from the previous one is launched. This would make the user to have a change in their patterns of consumption.
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