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SVEN [57.7K]
3 years ago
14

What is the office of management and budget primarily responsible for?

Business
1 answer:
chubhunter [2.5K]3 years ago
8 0
<span>a. helping the president monitor federal budget expenditures and proposals</span>
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Weber Company purchased a mining site for $659,964 on July 1. The company expects to mine ore for the next 10 years and anticipa
zzz [600]

Answer:

$41,774

Explanation:

the depletion expense is calculated below

Depletion expense reffered to the charge against profits for the use of natural resources.To calculate the depletion per unit we will need to calculate the total cost less salvage value then divide it by the total number of estimated units.

The expense is calculated by multiplying the depletion per unit by the number of natural resources units consumed current period.

Original cost= $659,964

residual value = $55,169

estimated units or tons= 96,740 tons

number of tons extracted in a given year = 6,682 tons of ore.

depletion expense =?

We will need to find the difference between the residual value and the original cost first. Which is

= (Original cost - residual value) = )$659,964 - $55,169)/96,740 tons

= 6.25

(6.25* 6,682 tons )= $41774

Hence,The depletion expense =$41774

5 0
3 years ago
Nike allows customers to design their own sneakers, which improves the value customers see in the brand. this is an example of?
Stels [109]

This is an example of <u>value co-creation.</u>

<u></u>

<u></u>

<u></u>

What is value co-creation?

  • Value co-creation is the joint creation of value by the company and the customers, allowing the customers to co-construct the service experience to suit their context.
  • Subsequently, given that the co-creation of value not only affects the bilateral relationship between the consumer and the company, the definition has been transformed to incorporate the multiple agents involved in the process.
  • Value co-creation describes the way actors behave, interact, interpret, experience, use, and evaluate propositions based on the social construction of which they are a part.
  • The first studies on co-creation assimilated this concept to that of co-production, defined as the participation of the consumer in some of the phases of the development of new products, mainly applied in leading brands.

To know more about value co-creation, refer:

brainly.com/question/14970562

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8 0
2 years ago
A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned
NikAS [45]

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to : Purchase

<h3>What is Purchase Discount?</h3>

Purchase discount is deducted to the total purchases when computing for the net purchases. This account has a normal balance of credit and decreases the total amount of cost of goods sold.

<h3>What is Analytical procedures ?</h3>

Analytical procedures refer to study of significant ratios and past trends and investigating unusual fluctuations.

Under analytical review procedures, an auditor compares financial information of the current period with those of the previous periods, applying techniques of ratio analysis and investigating the causes of unusual fluctuations and deviations.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to:

a. accounts payable

b. notes payable

c. purchases

d. sales discounts

Learn more about Analytical procedures on:

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8 0
1 year ago
Question 8 of 20
EastWind [94]

The individual that makes the investment that has highest risk is Norville because he invested 75 percent of his portfolio in stocks.

<h3>What investment are considered high risk?</h3>

High risk investment refers to an investment that have large chance of loss of capital and high chance of a devastating loss.

Daphne invests in mutual funds which offeres low risk, Velma  and Fred spread their risk to reduce loss if any occur.

Therefore, the Option B is correct.

Read more about High risk investment

<em>brainly.com/question/2060019</em>

4 0
2 years ago
Read 2 more answers
Warranties are commonly associated with ____________ purchases.
zhuklara [117]
Warranties are commonly associated with Consumer
5 0
3 years ago
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