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BigorU [14]
3 years ago
5

An example of a discretionary item in the federal budget is

Business
1 answer:
yKpoI14uk [10]3 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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The beginning capital balance shown on a statement of owner's equity is $100,000. Net income for the period is $50,000. The owne
Lelu [443]

Answer:  $125,000

                         

Explanation: In simple words, owner's equity refers to the funds that are contributed by the owners of the capital for effectively conduction the operations of the business.

Any profit that the organisation made during a year is treated as a return to the capital and is added to the initial capital while drawing from the capital results in decrease in the available fund for operations.

   Hence the year end balance of the capital in given case is, $1000,000 + $50,000 - $25,000 = $ 125,000

4 0
3 years ago
Your accountants tell you that it costs $400 to set up an immunization program at a preschool and immunize one child against pol
Inessa05 [86]

1) cost per child  =  400

2) cost per child for these additional 20 children = 460/ 20 = $ 23

3) the average cost per child = (400 + 460)/ 21 = 860 / 21 = $ 40. 952

4) The above result show that the cost of polio vaccine is less which is only $23. But the setting up immunization program & other necessary associated works have adds up to a higher cost of $ 40. 952. This can be reduced if more nos. of children are involved in the immunization program.

Also, the cost of setting up immunization program will be same for one child or more than one. Only the cost of polio vaccine will vary when the nos. of participating will increase.

8 0
3 years ago
Which is not something you should look for in a saving account?
pshichka [43]

Answer:

You should make sure you are putting money into it every week, month, or year.

Explanation:

You must make sure you have enough money in the account so if you have some kind of an injury, or you want to buy something that costs lots of money such as a car, or a house, you want to make sure enough money is going into that account.

6 0
3 years ago
The recording of the factory labor incurred for general factory use would include a debit to:
DanielleElmas [232]
It would be a debit to FOH (Factory Overhead).
7 0
3 years ago
Baldwin Company incurred and recorded an expense for material costs that have not yet been paid as of year-end. On the balance s
Tema [17]

Answer:

It will be reported as accrued expenses (c)

Explanation:

Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.

Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.

4 0
3 years ago
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