Answer: difference between the cost of printing paper money and the value of the goods and services that the government can purchase with the newly printed money
Explanation: Seignorage is the revenue obtained by the difference between revenue earned from minting money and the costs of producing and distributing the notes. When the money it creates is worth more than it costs to produce it is noted as revenue.
Answer:
Explanation:
We know that
The balance sheet items classify the assets and liabilities in the categorized balance sheet into various types Including assets are divided into fixed assets, current assets, and intangible assets.
Liabilities are likewise divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet which means
Total assets = Total liabilities + shareholder equity
And, the income statement reports only total revenues and total expenses
So, the categorization is shown below:
a. Accounts receivable = Current asset
b. Accounts payable = Current liabilities
c. Cash = Current asset
d. Fees earned = Revenue shown in the income statement i.e reflected in owner's equity
e. Land = Fixed asset
f. Rent expense = Expense shown in the income statement i.e reflected in owner's equity
g. Supplies = Current asset
Answer:
The correct answer is the option A: Nothing. Once you determine the root cause, your work is done whether it is in your control or not.
Explanation:
To begin with, the question is related to what is called "Root Cause Analysis" known in the management field as a process by which the managers tend to identify what cause a problem by looking deeply into the root of it thanks to an excesive analysis done by a team. It is necessesary to clarify that the main purpose of this method is just to identify the problems' root and from there to come out with solutions regarding the situation if able, but it is not the point of the analysis to take action or to implement those solutions. So therefore that if the situation turns to be out of the control of the person responsible for the analysis then there is nothing he could do because his job has already been done.