Answer:
Master budget: This is a type of budget where all the other budgets are aggregated.
Operating budget: This budget is used to cover operational costs.
Cash budget: As the name implies, it is used mainly for cash estimates.
Financial budget: Used for all financial transactions.
Labor budget: It is used to estimate what the labor cost will be.
Static budget: This type of budget is static and doesn't change.
A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.
The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.
Depreciation expense is apportioned to charge a reasonable portion of the depreciation amount for each accounting period over the expected useful life of the asset. Depreciation includes the depreciation of assets with a predetermined useful life.
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Hey there,
Answer:
<span>The individual performing the procedure, study, or treatment
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Take a small quiz of each subject and have someone grade it and then you will know the answer to your question
Answer: The nominal money supply should set at 1,600.
Explanation:
Given that,
Money demand function: (M/P)d = 2,200 – 200r
r - Interest rate
Money supply (M) = 2,000
Price level (P) = 2
If the fed wants to set the interest rate at 7% then,
Money supply = money demand
= 
= 2,200 – 200r
P = 2 and r = 7%
= 2,200 – 200 × 7
M = 800 × 2
M = 1,600
The nominal money supply should set at 1,600.
