Answer:
The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.)
Answer:
The total amount of cost that will be allocated from S2 to Department A is $32,200.
Explanation:
This can be calculated as follows:
Cost allocated from Department S1 to Department S2 = Direct department costs of Department S1 * Percentage of service to Department S2 = $200,000 * 15% = $30,000
Total Direct department costs for S2 = Direct department costs for S2 + Cost allocated from Department S1 to Department S2 = $16,000 + $30,000 = $46,000
Cost allocated from Department S2 to Department SA = Total direct department costs for S2 * Percentage of service to Department A = $46,000 * 70% = $32,200
Therefore, the total amount of cost that will be allocated from S2 to Department A is $32,200.
Answer:
Which of the following activities of a finance manager determines the types of assets the firm holds?
C. investment decisions
Explanation:
Select the type of assets in which the funds will be invested by the firm is termed as the investment decision
Answer:
The correct answer is letter "B": independent contractor.
Explanation:
An independent contractor is typically a third party hired to perform a specific job on behalf of other companies without the need of sharing employees. The independent contractor acts as another company with its own payroll and has all the benefits and liabilities according to the type of organization it selects for business.
Answer:
E. Division of the burden of a tax between the buyer and the seller
Explanation:
Tax incidence is an economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers. If demand is more elastic than supply, producers will bear the cost of the tax.
