A budget surplus of $7
<h3>What is a budget surplus's opposite?</h3>
A budget deficit is the polar opposite of a budget surplus. If a company (or government) has a budget deficit, it signifies that over the given timeframe, it spent more money than it brought in. A business's budget deficit could necessitate a budget reform for the upcoming fiscal year, even though a budget deficit for the government is not always negative for spending.
<h3>What does the term "surplus" mean?</h3>
A surplus is a sign that the government is being run efficiently. When government income is higher than government expenditures for a specific time period, typically a fiscal year, there is a surplus, which is a positive number.
<h3>How is inflation caused by a budget surplus?</h3>
Nevertheless, inflationary pressures can also exist when the economy is struggling. In essence, a rise in the money supply is what causes inflation. In light of the foregoing, a budget surplus will drain funds from the economy, hence lowering the money supply and fostering a deflationary environment.
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Answer:
The main functions of the ECA include the study of problems of the economic and social development of the African countries, the promotion of the economic development of the African states, and the strengthening of their economic relations both with one another and with other countries.
Answer:
B is the correct option.
Explanation:
This principle follows the assumption that a company will remain in business in the future. It means that the business will not have to halt operations or to liquidate the assets in the future. According to this principle, the accountant postpones the recognition of some expenses till a later period, and in that period the company will be in business will be effectively using the assets. It is a very important concept, without this, the company will not be able to prepay the expenses.
Answer:
An sample project that has experienced extension creep is the place a task began with initial necessities and with time extent of undertaking expanded because of starting holes in the prerequisite social occasion or new upgrades from the customer. An ERP change venture which includes actualizing ERP framework supplanting heritage framework has experienced extension creep.
Yes, the degree creep issues could have been maintained a strategic distance from:
- By doing careful revelation of business necessities.
- By setting desires with the customer on any new necessities coming during the undertaking execution and dangers related with it.
The following are a portion of the means to effectively oversee inescapable changes in scope that are useful for the business:
- Making an asset and time cradle for any unavoidable changes in the undertaking extension.
- Directing sufficient hazard examination and making strides required to execute new degree necessities effectively.
Hi there
beginning work in process+units started or transferred in=ending work in process+units transferred out
So we need to find units started or transferred in=58,000+22,000−18,000
=62,000...answer
Hope it helps
