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BigorU [14]
4 years ago
5

An example of a discretionary item in the federal budget is

Business
1 answer:
yKpoI14uk [10]4 years ago
6 0

Answer: See explanation below for answer.

Explanation: In micro-economics, a discretionary expense refers to a cost that a business or household can actually do without, if necessary. These expenses are often wants rather than needs. Case in point, a business may allow employees to charge certain meal and entertainment costs to the company.

In macro-economics, discretionary spending is the type of government spending that is implemented through an appropriations bill. What this means is that the spending is an optional part of fiscal policy, which is quite the opposite of entitlement programs for which require mandatory funding and are determined by the number of qualified recipients.

Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation.

Discretionary spending must always be deliberated upon by Congress through the annual appropriations process each year.

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What happens to the principal paid over time?
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4 years ago
A company factored $45,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this trans
Nataly [62]

Answer:

C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Explanation:

Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

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Debit Factoring Fee Expense of $1,350

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3 years ago
An automobile manufacturing company has developed an electric car that uses sunlight to charge itself during movement. In the co
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Answer:

c. technological

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General environment of an organization refers to those facets of the environment which are not specific to just one organization but applicable to all, which affect an organization such as political factors, technological factors, economic factors, legal factors and cultural factors.

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Thus, this is a case of technological development.

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