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Amanda [17]
4 years ago
15

Lesson 3 1. What is financial responsibility? 2. Give at least two examples of utilities. 3. What are features? 4. What are bene

fits? 5. What is a budget?
Business
1 answer:
Vlada [557]4 years ago
7 0

Answer:

The answers are:

1) Financial responsibility refers to the process of managing money (or other assets) in a productive way in the best interest of the individual or business.

2) Two examples of utilities are electric companies and natural gas companies.

3) Features refer to the characteristics of certain goods, services, assets, etc.

4) Benefits are something that provides an advantage for someone. Financial benefits refers to material benefits including, money, stock, securities, licenses, contracts, etc.

5) A budget is the estimated income and expenses over a specific period of time.

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Other things the same, the effects of an increase in transfer payments on the government's budget deficit will lead to
BigorU [14]

Question Completion with Options:

A. greater investment.

B. All of the above are correct.

C. higher public saving.

D. a higher interest rate.

Answer:

Other things the same, the effects of an increase in transfer payments on the government's budget deficit will lead to

D. a higher interest rate.

Explanation:

When the government is operating a budget deficit, it means that its spendings are more than its tax revenues.  It then resorts to issuing treasury bills and bonds to finance the deficit.  This naturally reduces the price of bonds and raises interest rates.  With rising interest rates, firms and individuals reduce their spending.  The cost of borrowing becomes more expensive than before.

8 0
3 years ago
What are the disadvantages and advantages of money?
adoni [48]

Explanation:

<u>advantages</u>

.Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.

Money gives you the power to pursue your dreams. 

Money gives you freedom.

Money gives you security. 

<u>disadvantages</u>

•Money can lead to disagreements.

•obsession with money, or a love of money, can create a host of problems.

8 0
3 years ago
ABC Company has issued $20,000,000 of convertible bonds with a coupon of 5% and a current market value of 120. The conversion pr
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Answer:

Explanation:

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8 0
4 years ago
At the end of April, the first month of the company's year, the usual adjusting entry transferring rent earned to a revenue acco
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Answer:

According to the information provided is possible to conclude that in both options the indicators are understated

Explanation:

(a) Rent revenue (or revenues) will be understated. Net income will be understated.

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7 0
3 years ago
The marketing director for GForce Games, a video game company, has informed his employees that he feels the company needs to imp
serg [7]

Answer:

<h2>Business environment.</h2>

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So, they need to improve that relationship because suppliers are transcendental part of business.

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4 years ago
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