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8_murik_8 [283]
3 years ago
7

Available"" (as in ""measurable and available"") means 1. Available to finance expenditures of the current period 2. Subject to

accrual 3. Collectible 4. Available for appropriation
Business
1 answer:
MAVERICK [17]3 years ago
4 0

Answer:

1. Available to finance expenditure of the current period

Explanation:

Government Accounting is concerned with propriety i.e judicious use of resources and allocation of government funds so as to ensure efficient performance of government entities.

Efficiency refers to input/output ratio whereas effectiveness refers to achievement of government programs.

Government requires funds for allocation to various projects which require sanctioning by an authority.

In the same context, the concept of "available" refers to the availability of funds to meet the current period expenditure and liabilities.

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Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m
loris [4]

Answer:

The overhead for the year was $130,075

Explanation:

GIVEN INFORMATION -

                                                    ESTIMATED                              ACTUAL

Manufacturing overhead            $132,440                                   $128,600

Machine hours                             2800                                           2750

Here for calculating the overhead for the year we will use the following formula =      

\frac{Estimated Manufacturing Overhead}{Estiamted Machine Hours}\times Actual Machine Hours

= \frac{\$132,440}{2800}\times 2750

\$47.3\times 2750 = \$130,075

Therefore the overhead for the year was $130,075

                                   

5 0
3 years ago
Read 2 more answers
Suppose that you have just borrowed $200,000 using a 20-year loan with an annual interest rate of 10% arxl monthlypaymentsandmon
lapo4ka [179]

Answer: $1666.67

Explanation:

Given from the question

Principal (P) = $200,000

Rate= 10%

Time= 20years

The interest (I) on the first payment is the extra money that is to be paid in addition to the principal borrowed.

The interest for the first year has the formula:

I = (P×R) ÷ 100

I= (200000×10) ÷100

I = $20,000

Therefore the extra amount to be paid on the loan of $200,000 that increases at a rate of 10% for the first year would be $20,000.

The interest compounds monthly therefore, the payment on the first month would be

First Month Interest= 20,000÷12

=$1666.67

Therefore the part of the first payment that would be interest is $1666.67.

4 0
3 years ago
ABC company has been breaking even all year. The board of directors has hired a new manager and charged her with the responsibil
Ivanshal [37]

Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up. You can also develop new goods or services or grow into new market segments.

<h3>What are the steps to take to make the firm profitable?</h3>

This manual shows how to evaluate the profitability of your company, provide growth for your bottom line, and plan and manage change. Your profitability may be boosted by careful expense control. Although most organizations may discover some waste to eliminate, it's crucial to avoid compromising the quality of your goods and services in order to save money.

It is efficient to use activity-based costing to determine the true cost of particular company activities. By allocating sections of all your expenditures, including those for employees, real estate, and raw materials, to certain activities, activity-based costing enables you to determine how much it costs you to perform a given business function.

Learn more about maximizing profits, here:

brainly.com/question/28206532

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8 0
1 year ago
In terms of the number of contracts as well as the dollar volume, what kind of contract constitutes the largest class of contrac
AlexFokin [52]

Answer:

The correct answer is The Sale of Goods.

Explanation:

The sale of goods constitutes the action by which furniture and real estate, securities and securities are disposed of at a certain price.

For legal purposes, the sale originates through a contract known as a sale, under which a good or service is transferred to a foreign domain for a previously agreed price.

The contract of sale is composed of personal, real and formal elements in order to establish the parties and their obligations and indicate the price and characteristics of the good or service for sale, which is why it is determined as a bilateral contract.

7 0
3 years ago
The Caucasus Mountains along the northeastern border of Georgia (one of the former Soviet republics) makes it difficult for the
OverLord2011 [107]

Answer:

The answer is: natural barrier

Explanation:

The Caucasus Mountains are a natural barrier since it  interferes with travel and trade between country of Georgia and its northern neighbors. Other types of natural trade barriers are different languages and long distances.

The other two types of trade barriers are tariff barriers (taxes, etc.) and non-tariff barriers (e.g. import quotas, embargoes, etc.).

3 0
3 years ago
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