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3 years ago

Which of the following is true regarding GASB's definition of the financial reporting entity?

Business

1 answer:

Mashutka [201]3 years ago

7 0

Answer:

d. All of the above are true

Explanation:

According to my research on the GASB's definition of the financial reporting entity, I can say that based on the information provided by the GASB website, all of the above statements provided are true. They can consists of many components such as joint ventures or jointly governed organizations, governments can be general purpose governments or special-purpose governments, and Blending is used.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Import tariffs generally ________ the output of domestic producers of the affected products and also _________ the output of dom

Lady_Fox [76]

Answer:

increase , decrease

Explanation:

Import tariffs are amount levied on the imports of goods. tariffs makes imports more expensive and discourages import.

if an import tariff is in place for a particular good, the import of that good would reduce and this would increase domestic producers to produce more of the good to meet the demand of the good. so output of domestic producers would increase.

Because output is consumed domestically, exports would reduce.

6 0

3 years ago

The income statement and the cash flows from the operating activities section of the statement of cash flows are provided below

Natasha_Volkova [10]

Answer and Explanation:

The preparation of the schedule to reconcile the net income to net cash flow from operating activities is presented below:

Cash from operating activities

Net income $24

Adjustment to reconcile

Add: Depreciation expense $11.5

Add: Depletion expense $5.4

Less: Gain on sale of Equipment -$17.5

Add: Loss on sale of land $7.3

Less: increase in account receivable ($292.30 - $228) -$64.30

Add: increase in accounts payable ($177.60 - $165) $12.6

Add: increase in salaries payable ($29 - $24) $5

Add: decrease In prepaid insurance ($18.7 - $14.3) $4.4

Add: Decrease in bond discount ($12.3 - $10.4) $1.9

Add: increase in income tax payable ($24 - $12.4) $11.60

net cash flow from operating activities $4.20

The cash outflow represents in a negative sign while the cash inflow represents in a positive sign

6 0

3 years ago

If an oligopoly does not cooperate and each firm chooses its own quantity, the industry will produce a quantity of output that i

Whitepunk [10]

Answer:

a. less than; more than

Explanation:

An oligopoly is when there are few large firms operating in an industry.

A competitive industry is when there are many buyers and sellers of homogenous goods and services.

A Monopoly is when there is only one firm operating in an industry.

An oligopoly firm can choose to cooperate with other firms in the industry or not cooperate.

If firms do not cooperate they produce more goods than if they cooperated. The quantity produced can never be as much as that of a competitive firm because the number of producers in an oligopoly is less than that in a competitive firm.

The output would be more than the quantity produced by a monopoly because the number of producers in an oligopoly is more than that in a monopoly.

I hope my answer helps you.

6 0

3 years ago

The XYZ Chemical Company must ship 9,500 gallons of pesticides from its plant in Cincinnati, Ohio, to a customer in Columbia, Mi

never [62]

Answer:

Henderson = $1,200

Central States = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

Explanation:

The question is to do an evaluation of the costs of use Henderson Bulk Trucking Company or the Central States Railroad

Step 1) Determine the cost of using Henderson

What is the cost per tank truck = $600

What is the capacity in gallons = 700 galloons

However, since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of 2 trucks from Henderson as follows

The cost of Henderson Bulk Trucking = $600 x 2 = $1,200

Step 2) Determine the cost of using Central Railroad

What is the cost per tank truck = $1000

What is the capacity in gallons = 23,500 galloons

since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of only one of the trucks

The cost of Central Roilroad= $1000 x 1 = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

3 0

4 years ago

You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are m

nasty-shy [4]

Answer:

The correct answer is to put the two variables in the same type of measure.

Explanation:

To begin with, in order to compare to different variables that are in different measures the correct way to proceed is to put them in the same measure so therefore they will be comparable with each other. Once said that, in this case the person should put the psychological benefits in economics benefits as it is the other variable and in order to do that the person should think of what aspects of his productivity would increase if he takes the vacations and gains the psychological benefits. For example, after getting back from the holidays he may feel himself less stress and more relax and therefore that he may be able to either do more job, more studies or more excercises and all that can impact in an economic way.

7 0

3 years ago