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3 years ago

Which of the following is considered a source of general revenue in the Government-wide Statement of Activities?

Business

1 answer:

TiliK225 [7]3 years ago

3 0

Answer:

C) Sales Tax

Explanation:

The Government-wide Statement of Activities shows the revenues and expenses of the government and the general revenues indicate all the taxes, aid received from other governments and earnings from investments. According to that, the answer is that the option that is considered a source of general revenue in the Government-wide Statement of Activities is sales tax.

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The Mega-Bank is considering either a bankwide overhead rate or department overhead rates to allocate $135,000 of indirect costs

siniylev [52]

Answer:

The Mega-Bank

The amount allocated to the Commercial Department is:

= $324,810.

Explanation:

a) Data and Calculations:

Indirect costs = $410,000

Department DLH Loans Processed Direct Costs

Consumer 16,000 650 $350,000

Commercial 7,000 400 $250,000

Total 23,000 1,050 $600,000

Allocation Bases:

Bankwide rates:

DLH = $410,000/23,000 = $17.83

Loans processed = $410,000/1,050 = $390.48

Commercial Department Allocated Costs:

Cost to process loans = $500 * 400 = $200,000

Cost based on DLH = $17.83 * 7,000 = 124,810

Total costs = $324,810

7 0

3 years ago

Job specifications can be defined as: a. planned sequences of jobs through which employees may advance within an organization. b

Alona [7]

Answer:

Option d would be the correct approach.

Explanation:

The organized database of the important tasks required in carrying out a task that has been extrapolated from such a job description and used in job classification and assessment and personnel policies as well as positioning.
This usually includes tasks, intent, obligations, nature including employment conditions of a position including the description of the position, as well as the identity or description of the individual the input data to.

Many examples do not apply to the subject being discussed. So option d is indeed the right one.

4 0

4 years ago

Comparative advantage emerges because of the presence of a. trade. b. differing opportunity costs. c. marginal benefits that equ

Firdavs [7]

Answer:

my answer is A-trade bc

is the comparative advantage emerged

6 0

4 years ago

The ledger of Nash Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entri

Triss [41]

Answer:

Nash Rental Agency

The Journal General

Adjusting Entries

March 31

1. Depreciation Expense $ 1848 Dr.

Accumulated Depreciation $ 1848 Cr.

1. The equipment depreciates $616 per month. $616 * 3= $ 1848

Unearned Revenue $ 2040

Revenue Earned $ 2040

2. Half of the unearned rent revenue was earned during the quarter.

= 4080/2= $ 2040

3. Interest Expense $220 Dr.

Interest Payable $ 220 Cr.

3. Interest of $880 is accrued on the notes payable.

Interest Payable $ 880/12 *3= $ 220

4. Supplies Expense $ 723 Dr.

Supplies Account $ 723 Cr.

4. Supplies on hand total $1,870. $ 2593- $ 1870= $ 723 Supplies were used.

5. Insurance Expenses $ 2460 Dr.

Prepaid Insurance $ 2460 Cr.

5. Insurance expires at the rate of $880 per month.

Insurance Expense $880*3= $2460 for the quarter

3 0

3 years ago

Three years after graduating from college, you get a promotion and a 16 percent raise. Your consumption habits change according

svlad2 [7]

Answer:

B. Inferior good

Explanation:

In this case, total income increased because of the promotion and a 16 percent raise. Because of this, the consumption of frozen hot dogs decreased. If the demand for a good or service decreases due to an increase in income, then this is an inferior good. This kind of goods are the opposite of normal goods, because the demand for those increase when there is an increase in income.

7 0

4 years ago

Read 2 more answers