Answer:
$20 will be recorded as the 2018 expenditure.
Explanation:
In this case, $500 is the remaining in the General Fund for 2017 fiscal year in encumbrances that remained opened into fiscal year 2018.
In 2018, since encumbered goods were received at an invoiced cost of $520, $20 will be recorded as the 2018 expenditure after deducting the carry-forward of 2017 encumbered fund balances of 2017.
First balances carry-forwarded are utilized and then the funds allocated to the General fund for the current fiscal i.e 2018 is utilized. Hence the actual amount that would be recorded as the 2018 expenditure will be $520 - $500 carry forward from 2017 = $20.
Answer:
Power distance
Explanation:
"Power distance is a term that describes how people belonging to a specific culture view power relationships - superior/subordinate relationships - between people, including the degree that people not in power accept that power is spread unequally.
Individuals in cultures demonstrating a high power distance are very deferential to figures of authority and generally accept an unequal distribution of power, while individuals in cultures demonstrating a low power distance readily question authority and expect to participate in decisions that affect them. "
Reference: Grimsley, Shown. “Hofstede's Power Distance: Definition & Examples Video.” Study.com, Study.com, 2019
Answer:
a
Explanation:
when you go to the doctor, you pay copay
Answer:
Return on Common Equity: 12.5%
Explanation:
equity income
240,000 - 40,000 = 200,000
average common equity:
700,000 + 900,000 = 1,600,000
return on common equity:
200,000 / 1,600,000 = 0.125 = 12.5%
Answer:
I think it's Naert's model, I may be wrong tho. Sorry if it's wrong. :(
