1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
qwelly [4]
3 years ago
7

The City of Crescent Hill operates a central motor pool as an internal service fund for the benefit of the city’s other funds an

d departments. In the current year, this fund billed the Parks Department $30,000 for vehicle rentals. If the Parks Department is a governmental fund, which account should the Parks Department use to record these billings?A. Interfund Transfer InB. Interfind exchangesC. ExpendituresD. Cost of rentals from other funds and units
Business
1 answer:
poizon [28]3 years ago
7 0

Answer: Option C

Explanation: In simple words, expenditures refers to the outflow of resources by an organisation for creating some service or good.

   In the given case, the fund operated by the city of crescent billed them $30,000 and this outflow of money is made with the objective of providing support to the other departments.

Hence from the above we can conclude that this is an expenditure.

You might be interested in
When selecting words to include in a résumé, they should be complex in nature. Please select the best answer from the choices pr
kramer

The statement that when selecting words to include in a résumé, they should be complex in nature is false. In contrast, when writing a resume you should use concise, simple, strict and clear sentences. The resume presents a person's  backgrounds and skills and the wording should be very carefully selected.

7 0
3 years ago
Read 2 more answers
When determining the value of raw land, there is a relatively fixed amount of _________; therefore, the value of land is primari
Ilya [14]
<span>When determining the value of raw land, there is a relatively fixed amount of supply; therefore, the value of land is primarily determined by demand?

Because land isn't something we can just add in to the world, there is a fixed amount of supply available to us as a resource. When the supply becomes scarce, it is easy for the value of land to go up because if demand is high and there is a low amount the price can be higher since there is less competition of the same. </span>
7 0
3 years ago
In the case of an unanticipated inflation: A) creditors with an unindexed contract are hurt because they get less than they expe
podryga [215]

Answer:

A is the correct option.

Explanation:

The increase in the general price is known as inflation. This inflation occurs when people know that Inflation is going to occur and they start preparing for it. e.g In case of increased interest rates if the inflation is anticipated, the banks try to protect themselves by increasing the interest rates. There is also unanticipated inflation which occurs when people are unaware that inflation until the price level increases. In the case of unanticipated inflation, people are unprotected.

4 0
3 years ago
When developing marketing plans, what should a firm consider about their competition?.
nasty-shy [4]

When a company develops marketing plans, it must consider the weaknesses and reactions of competitors, so that it can identify the action necessary to maintain the company's competitive advantage.

<h3 /><h3>Marketing Plans</h3>

Corresponds to a document that details all the course of action of a company to achieve its marketing objectives, which are related to generating value for its products and services and positioning for the organization.

Therefore, the analysis of the external environment, such as the economy and competitors must be considered, so that the company can identify strategies to carry out the best decision making and maintain the flow of its activities as planned.

Find out more information about marketing plan here:

brainly.com/question/9027729

6 0
2 years ago
One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and
hichkok12 [17]

GATT  is a very common term in business. One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and Trade.

<h3>What is the meaning of GATT?</h3>

The word simply means General Agreement on Tariffs and Trade. This  General Agreement is known to covers international trade in goods.

They are involved in Trade negotiations. The WTO is regarded as the successor to the General Agreement on Tariffs and Trade (GATT) set up after the Second World War.

Learn more about GATT from

brainly.com/question/7141880

5 0
2 years ago
Other questions:
  • In Chapter 7 bankruptcy, liquidation, A. all the debtors' debts are discharged. B. the debtor keeps their assets. C. the trustee
    12·1 answer
  • In the following table, determine how each event affects the position of the long-run aggregate supply (LRAS) curve.
    13·1 answer
  • The average German worker worked about 400 fewer hours per year and earned nearly​ $14,000 less than did the average worker in t
    7·1 answer
  • When school districts are funded by local taxes only, the likelihood of disparities in funding goes up.
    12·1 answer
  • Korey's comic book store has been up and running for 4 years. Korey feels that his store has been successful and is considering
    7·2 answers
  • Some financial experts recommend people create their personal budgets as follows: 50% on
    11·1 answer
  • Clear Call Corporation makes phones, which are sold to consumers by DefDeals stores. Erna files a product liability suit against
    6·1 answer
  • Members of the Book Promoters Association of Canada recently questioned what could be done to rejuvenate the Canadian book publi
    5·2 answers
  • According to the eight-stage model of planned organizational change, considering the complexities of change required in organiza
    9·1 answer
  • melanie is currently enrolled in an hmo mapd, and she is talking to sales agent brenda about enrolling in a medicare supplement
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!