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olganol [36]
3 years ago
5

What is the maximum percentage of net spendable income that should be set aside for transportation

Business
2 answers:
Digiron [165]3 years ago
5 0

The minimum is 15% and the maximum is 20%

MArishka [77]3 years ago
4 0
<span>The spending percentage guidelines are the ideal percentage a person can spend when he or she receive his or her salary or income. Note that this is not the actual salary spent in a person. It is merely a suggestion on how to spend the salary or income. The maximum percentage of net spendable income that should be set aside for transportation is up to 15%. The answer is letter A. the rest of the percentage does not match any of the supposed to be expenses. Up to 32% of the income, it is spent for housing. And up to 11% of the income is spent for food.</span>
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Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.
lutik1710 [3]

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

brainly.com/question/27201970

5 0
2 years ago
A specific present value of an ordinary annuity factor for a given number of periods and a specific discount rate is equal to th
tekilochka [14]

Answer:

True

Explanation:

This is true because if we add all the discounts factor of a particular rate 10% (suppose) for 10 years (suppose). Then the sum will be equal to the annuity factor at 10 years time. This is what the statement is saying above so it is 110% true.

4 0
3 years ago
Accrued salaries payable of $100000 were not recorded on December 31, 2017. Office supplies on hand of $57000 on December 31, 20
Dennis_Churaev [7]

Answer:

In 2017

Net Income and Retained Earning are overstated by $100,000

Expenses and Payables are understated by $100,000.

In 2018

Inventory, Net Income and Retained Earning are understated by $57,000

Expenses are overstates by $57,000

Explanation:

Accrued Salaries is Recorded as follow

Dr. Salaries Expense

Cr. Salaries Payament

Non recording of this entry will result in understatement of Expenses and Payables by $100,000 over statement of Net income and retained earning by the same amount.

Treatment of Office supplies of $57,000 as expense will overstate the expenses  and understate the the inventory, Net income and Retained Earning.

7 0
3 years ago
Valuetronics, an electronics company, is currently in the preproduction stage of launching one of its new stereo systems. In ord
Katyanochek1 [597]

Answer: Computer aided engineering(CAE) systems.

Explanation:

Computer aided engineering involves making use of computer softwares that aids production. The computer aided engineering software is used to design how product could look like, simulate the product on a computer system to determine the product's possible performance and to ensure the desired standard is met, before the design can then be used to carry out production. Computer aided engineering is commonly applied in automobile production and large buildings construction.

4 0
3 years ago
In a process costing system, with the exception of the first department, each department receives output from the prior departme
Eduardwww [97]

Process Costing system involved several processes or departments under which the next department receives partially completed product from the previous department. The first department receives the raw material and it does not receive any output from other department.  

Hence except the first department, each department receives output from the prior department as a partially processed product.

Hence the answer is <u>True.</u>



8 0
3 years ago
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