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3 years ago

Which of the following is considered to be an accrued expense?

Business

1 answer:

scoundrel [369]3 years ago

8 0

Answer:

B. a computer technician has installed the latest software updates, but you have not received an invoice or made payment

Explanation:

An accrued expense arises when a service has been rendered to an individual or organisation but to which the recipient of the service has not made payment for the service. The expense will be recognized in the period in which the service is rendered. In this scenario, the technician has rendered a service by installing software updates but the organisation has not made payment for the service provided. This represents an accrued expense.

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All of the following are arguments against an explicit inflation targeting rule for monetary policy except:

White raven [17]

Answer:

C. An explicit target is easier to understand by households and firms which makes monetary policy more transparent.

Explanation:

Explicit inflation targeting is a monetary policy used by central banks to check inflation rate is under control for medium term. However, critics target this policy as they believe that instead central bank should have monetary policy for long term inflation control and economic growth for long term. Product price targeting or nominal income targeting would create more economic stability.

3 0

2 years ago

What can a person do to help increase their credit score?

goblinko [34]

Answer peoples questions and do the challenges

7 0

3 years ago

Suppose two factors are identified for the U.S. economy: the growth rate of industrial production, IP, and the inflation rate, I

Arisa [49]

Answer:

15.4%

Explanation:

Calculation to determine your best guess for the rate of return on the stock

The revised estimate on the rate of return on

the stock would be:

Before

14% = α +[4%*1] + [6%*0.4]

α = 14% - 6.4%

α = 7.6%

With the changes:

7.6% + [5%*1] + [7%*0.4]

= 7.6% + 5% + 2.8%

= 15.4%

Therefore your best guess for the rate of return on the stock will be 15.4%

3 0

3 years ago

What is the best definition of a conclusion?

vfiekz [6]

Answer:

The best definition for conclusion is.... the end if if something or it is about to end

Hope this helped

5 0

3 years ago

If returns of S&P 500 stocks are normally distributed, what range of returns would you expect to see 95% of the time? Ba

svetlana [45]

Answer: -29.75% to 52.33%

Explanation:

Given the Average return and the standard deviation, the range that is to be expected 95% of the time can be calculated by;

Upper bound = Average + (2 * standard deviation)

Lower Bound = Average - (2 * standard deviation)

Upper bound = 11.29% + (2 * 20.52%)

= 11.29% + 41.04%

= 52.33%

Lower bound = 11.29% - (2 * 20.52%)

= 11.29% - 41.04%

= -29.75%

The range is, -29.75% to 52.33%

8 0

2 years ago