This excess should be credited to Budgetary Fund Balance Unassigned.
<h3>
What is Fund Balance?</h3>
Any specific fund's fund balance is basically what is left over after the fund's assets are used to pay its liabilities. Both the reserved and unreserved portions of the fund balance must be disclosed.
<h3>What is Unassigned Fund Balance?</h3>
The term "unassigned fund balance" refers to the balance that remains after non-spendable, restricted, committed, and assigned funds have been deducted from the total amount. It contains all spendable monies that are not included in the other classes. That's not a very simple explanation.
Therefore, perhaps the simplest approach to considering the unassigned fund balance is the amount of money available to stop a cash flow problem.
Therefore, in a town's general fund operating budget for the year, the number of its estimated revenues exceeded the number of its appropriations. This excess should be credited to Budgetary Fund Balance Unassigned.
For more information on Budgetary Funds, refer to the link:
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<span>Laura should both reduce her variable costs and increase her total revenue. If she charged 10% more ($275 instead of $250) and reduced her variable costs by 10% ($162 instead of $180), she would nearly double her profits. She would profit $93 per cake compared to her current $50.</span>
Answer:
Invalid, because under the UCC the acceptance must mirror the offer
Explanation:
§ 2-207 of the Uniform Commercial Code (UCC) enforces the mirror image rule. The mirror image rules states that in order for a valid contract to be formed, the offeree (Office Supply) must accept all the terms included in the offer (by Blue Cross) and cannot modify or add any terms. Any term that changes the original offer results in no contract.
Answer:
The reasons are 1. Increase the wages, 2. More variety or substitute's along with increase more jobs skilled and unskilled
Explanation:
1. Increase the wages- As it will lead to better living standard
2. More variety or substitute's along with increase more jobs skilled and unskilled
Answer:
transactional
Explanation:
Transactional leadership includes day-to-day performance and monitoring with respect to the focus on the organization related to the supervision and compliance of rules and regulations via rewards and retribution.
Since in the given situation it is mentioned that they have to clean the houses each day and perform the work accordingly so it would be transactional leadership style