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Fiesta28 [93]
3 years ago
6

In the bona fide need obligation rule for requesting funds to fund warfighters, what critical questions do you ask to ensure adh

erence to this rule? A) Who is responsible for enforcing the bona fide need rule and rules of engagement for funding warfighters? B) Is there a valid requirement for the goods or services as well as the quantity and duration of the services or supplies provided? C) Does a bona fide need exist in the year of execution authorized by the appropriation? D) Does the proposed dollar amount exceed authorizations?
Business
1 answer:
stepan [7]3 years ago
6 0

Answer:

C) Does a bona fide need exist in the year of execution authorized by the appropriation?

Explanation:

Bona fide is a rule which helps to ensure that, there is a bona fide need for the appropriation of money in a given fiscal year. In a situation there is none, then there would be no need for any allocation of money.<em> In the case of funds for the warfighters, the critical question would be if there is any bona fide need for such figher planes or jet.</em>

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Milano Gallery purchases the copyright on an oil painting for $300,000 on January 1, 2017. The copyright legally protects its ow
murzikaleks [220]

Answer and Explanation:

According to the situation, the solution of journal entries are as follows

1. Copyright Dr $300,000

             To Cash $300,000

(being the purchase of copyright is recorded)

Here, we debited the copyright as it increased the assets and credited the cash as it decreased the assets

2. Amortization expense Dr ($300,000 ÷ 12 years) $25,000

             To Accumulated amortization $25,000

(being the annual amortization is recorded)

Here we debited the amortization expense as it increased the expenses and credited the accumulated amortization as it decreased the assets

5 0
3 years ago
The exchange of information among dns servers regarding configured zones is known as:
olga nikolaevna [1]

The exchange of information among dns servers regarding configured zones is known as <u>"zone transfer".</u>


DNS zone transfer,  is a kind of DNS transaction. It is one of the numerous instruments accessible for managers to duplicate DNS databases over an arrangement of DNS servers.  

A zone transfer utilizes the Transmission Control Protocol (TCP) for transport, and appears as a client– server exchange. The customer asking for a zone exchange might be a slave server or optional server, asking for information from an ace server, in some cases called an essential server. The part of the database that is duplicated is a zone.


7 0
3 years ago
A 4.9 percent corporate coupon bond is callable in 10 years for a call premium of one year of coupon payments. Assuming a par va
NeTakaya

Answer:

$1,049

Explanation:

Data given in the question

Par value = $1,000

Interest rate = 4.9%

Time period = 10 years

So, by considering the above information, the price paid to the bond holder is

= Par value + Par value × rate of interest

= $1,000 + $1,000 × 4.9%

= $1,000 + $49

= $1,049

Hence. the price paid to the bond holder is $1,049

4 0
3 years ago
This partnership is being liquidated. hendrick and mitchum are each entitled to 40 percent of all profits and losses with the re
Lesechka [4]
<span>Three people share the profit and losses as follows.Total ratio is 100. Hendrick and Mitch each get 2/5 of the profit or suffer 2/5 of the loss i. e (40/100) as well while redding gets 1/5 i. e (20/100). Redding can contribute no more than one-fifth of the liqudated capital. The$20, 000 in excess liability will be distributed in proportion to their ratios. 2/5 * 20, 000 = $8, 000 each for Hendrick and Mitcherum while redding gets 1/5 * 20, 000 = $4000. If the non cash assest is sold Hendrick would receive 2/5 * 50, 000 = 100000/5 = $20, 000. The minmum hendrick would receive would be $20, 000 + $8, 000 = $28, 000</span>
8 0
3 years ago
3. Why accrue an expense?
statuscvo [17]
Because accrued expenses represent a company's obligation to make future cash payments, they are shown on a company's balance sheet as current liabilities.
8 0
2 years ago
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