1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>

You might be interested in
On April 1, 2021, Austere Corporation issued $330,000 of 11% bonds at 106. Each $1,000 bond was sold with 30 detachable stock wa
blondinia [14]

Answer:

Austere Corporation

The amount of the proceeds from the bond that should be recorded as an increase in liabilities is:

= $320,100.

Explanation:

a) Data and Calculations:

The bonds issued = $330,000 at 106

Number of $1,000 bonds issued = 330 ($330,000/$1,000)

Market value of each warrant = $3

Proceeds from issue of bond = $330,000*106% = $349,800

Fair value of warrant issued = 330*30*$3 = $29,700

The bond issue liability = $349,800 - $29,700 = $320,100

7 0
3 years ago
Select the correct answer from each drop-down menu. What is the basis for the calculation of interest payable by various financi
arlik [135]

Answer:

The interest payable is calculated based on the principal, interest rate, number of years of the loan or of the deposit.

Explanation:

Financial institutions is a company or a firm that deals with financial and monetary activities such as; loans, deposits, investments and currency exchange. Most financial transactions especially loans and savings usually have an interest rate that is set by the financial institution. The amount of interest can be paid by the borrower in a case where an individual takes a loan from the financial institution. Interest can also be paid by the financial institution in a case where the individual or group opens a savings account with the financial institution. In both cases, the interest rate is set by the financial institution. The amount of interest payable can be determined using the formula below;

A=PRT

where;

A=amount of interest payable

P=principle amount. The principal amount can either be the loan amount or the savings deposit amount

R=interest rate

T=number of years

The interest payable is calculated based on the principal, interest rate, number of years of the loan or of the deposit.

3 0
4 years ago
If you draw a card with a value of three or less from a standard deck of cards, I will pay you $146. If not, you pay me $24. (Ac
Rainbow [258]

Answer: Expected value = $2.034

Explanation:

Total outcome = 52

Favorable Outcome = 8

Probability of drawing a card with a value of three or less = \frac{Favorable\ outcome}{Total\ outcome}

= \frac{8}{52}

=  \frac{2}{13}

Probability of drawing a card with a value of more than three = 1 -  \frac{2}{13}

=  \frac{11}{13}

Hence,

Expected value = 146 \times \frac{2}{13} + (-24) \times \frac{11}{13}

= 22.338 - 20.304

= $2.034

7 0
3 years ago
Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $4,538. The F
Valentin [98]

Answer:

$1,027.86

Explanation:

Total Taxes = Federal Income Tax + FICA-SS Tax + FICA-Medicare Tax

Total Taxes = $680.70 + ($4,538.00 × 0.062) + ($4,538.00 × 0.0145)

Total Taxes = $680.70 + $281.36 + $65.80

Total Taxes = $1,027.86

Therefore the total amount of taxes withheld from the Trey’s earnings is $1,027.86

5 0
3 years ago
The total fixed overhead variance is:a. the difference between actual and budgeted fixed overhead costs. b. the difference betwe
kondaur [170]

Answer:

a. the difference between actual and budgeted fixed overhead costs.

Explanation:

As we know that

The variance is shows the difference between the actual amount and the budgeted amount or estimate amount

So, the total fixed overhead variance is the difference between the actual fixed overhead costs and the budgeted fixed overhead costs i.e to be fixed in nature

Hence, the first option is correct

3 0
3 years ago
Other questions:
  • Which of the following four Ps of marketing includes TV, radio, print, and online advertising, as well as coupons, direct mail,
    7·1 answer
  • Cynthia, a copy editor at a leading daily newspaper, wants one month's leave from work. Because of tight deadlines, her supervis
    13·1 answer
  • Which act makes it illegal for american executives to bribe foreigners to gain business?
    9·1 answer
  • The ____ is an award given by the president of the united states to organizations that apply and are judged to be outstanding in
    10·1 answer
  • Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off
    15·1 answer
  • George and Dan's political consulting firm is losing money, but it is more than covering its variable costs. What is the most ac
    11·1 answer
  • Roberto has a masters degree in computer science and an undergraduate degrees in math. He likes going to school and learning new
    15·1 answer
  • All of the following lead people to be credit constrained except a person's credit history. savings. collateral. banking regulat
    5·1 answer
  • BE18.8 (LO 2) Presented below are three revenue recognition situations. a. Groupo sells goods to MTN for $1,000,000, payment due
    5·1 answer
  • For each of the situations described, determine whether the firms involved are part of a cartel or are simply colluding. a. Land
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!