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Reil [10]
3 years ago
15

The needs of users of government financial reports are the same as those of users of business entity financial reports.

Business
1 answer:
olga55 [171]3 years ago
5 0

Answer:

FALSE

Explanation:

The needs of users of government financial reports are NOT the same as those of users of business entity financial reports.

Users who are interested in government financial reports which has to do with understanding the financial performance of federal, state and local governments ; do so, to understand if the purpose of governance is being achieved which is the well-being of the citizens (Economy and Defense).  

Contrariwise, users of business entity financial reports, which has to do with understanding the financial performance of business organisations, do so, to understand if the purpose of business establishment is being achieved which is the profit-maximization.

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The chart type we used to build the football field chart was?
GrogVix [38]

Answer:

Making a basic football field graph is can be accomplished with the bar chart. Making the bar chart with the range of values is pretty simple.

If this answer helped you, give this answer a heart, rate it and if you could then please mark it brainliest. Thanks!

6 0
2 years ago
A law used to finance public services, such as waste treatment plants, parks, and schools, in newly developed areas, can result
Troyanec [42]

The law is  Mello-Roos Community Facilities Act of 1982.

Senator Henry Mello and the Assemblyman Mike Roos worked together in order to enact the "Mello-Roos Community Facilities Act of 1982," which authorized local governments and the  developers to form Community Facilities Districts (CFDs) to issue tax-exempt bonds to fund public works.

The Mello-Roos Community Facilities Act of 1982 is a statute that is used to finance public services in newly built regions, such as waste treatment facilities, parks, and schools. This might result in additional taxes on top of the regular property taxes and must be disclosed to any buyer prior to the acquisition.

Therefore, the answer is Mello-Roos Community Facilities Act of 1982.

To know more about Mello-Roos Community Facilities Act of 1982 click here:

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4 0
2 years ago
How do basic level occupation help society​
wel

Answer:

A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment ("for a living"). Many people have multiple jobs (e.g., parent, homemaker, and employee). A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent. The duration of a job may range from temporary (e.g., hourly odd jobs) to a lifetime (e.g., judges).

6 0
3 years ago
An order for 50 units of product a and 60 of b has been placed. there are currently 25 units of product b on hand. each a requir
love history [14]

To determine the net requirement for c, we determine first the number of c’s that are required for the production of a and b given that there are already 25 units of b available.

 

<span>   Number of c needed = (50 units of a)(2 c/unit of a) + (60 – 25 units of b)(5 c/unit of b)</span>

<span>      Number of c needed = 275 c’s</span>

 

There are currently 160 units of c; hence,

 

<span>   Net requirement for c = 275 c – 160 c</span>

<span>    Net requirement for c = 115</span>

 

<span>Answer: 115</span>

5 0
3 years ago
The Cameron Corporation manufactures custom-made purses. The following data pertains to Job XY5: Direct materials placed into pr
alexgriva [62]

Answer:

Total cost assigned to Job XY5:

Direct material cost                                               4,000

Direct labour cost (50 hrs x $15 x 50 units)     37,500

Overhead applied (50 hrs x $4 x 50 units)       10,000

Total cost of the job                                              51,500

Overhead absorption rate

= <u>Budgeted overhead</u>

  Budgeted direct labour hours

=<u> $80,000</u>

  20,000 hrs

= $4 per direct labour hour

Explanation:

The total cost of the job is the aggregate of direct material cost, direct labour cost and overhead. Overhead is absorbed based on direct labour hours. We need to calculate overhead absorption rate by dividing the budgeted overhead by budgeted direct labour hours. The overhead absorption rate is used to multiply the direct labour hours of the job in order to obtain the overhead applied to the job.

8 0
4 years ago
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