In Texas, the dual budgeting system consists of separate budgets from The legislative and executive branches. This is further explained below.
<h3>What is
a dual budgeting system?</h3>
Generally, Both the legislative and executive arms of government in Texas are responsible for creating their own budgets under the state's dual budgeting system.
In conclusion, Therefore, the dual budget process offers a division of tasks that often has more to do with historical structures, political goals, prospective funding sources, and institutional capabilities than with the actual nature and purpose, including accurate description, of the expenditures themselves.
Read more about the dual budgeting system
brainly.com/question/17003421
#SPJ1
Given; Equipment and building = $800,000Fair value of the land = $100,000Fair value of the building = $700,000Fair value of the equipment = $200,000
Solution;
$800,000 x [$100,000/($100,000 + $700,000 + $200,000)] = $80,000.
The company would record the land of $80,000
Answer:
C
Explanation:
Brand promotion passes a message through various aspects
Answer:
Option (b) is correct.
Explanation:
When the economy of a particular nation slows down, then as a result this will decreases the sales of the firms. Due to the economy slow down, the income of the consumers falls and as a result they won't be able to buy as much quantity of the goods as they want. Hence, the firms are left with large amount of output or we can say that inventories, as firms are not be able to sell all of their output to the potential buyers.