Answer:
Explanation:
Present value of note = Annual payment x present value annuity factor
Annual payment = 8,400
PVAF = 4,7665
= $ 8,400 x 4.7665
= $ 40,038.60
So, the present value of note is $ 40,038.60
Answer:
1. Available to finance expenditure of the current period
Explanation:
Government Accounting is concerned with propriety i.e judicious use of resources and allocation of government funds so as to ensure efficient performance of government entities.
Efficiency refers to input/output ratio whereas effectiveness refers to achievement of government programs.
Government requires funds for allocation to various projects which require sanctioning by an authority.
In the same context, the concept of "available" refers to the availability of funds to meet the current period expenditure and liabilities.
Answer:
Time ticket
Explanation:
A source document that an employee uses to report how much time was spent working on a job or on overhead activities and that is used to determine the amount of direct labor to charge to the job or to determine the amount of indirect labor to charge to factory overhead is called a: time ticket.
A time ticket also known as time card is type of document used to record the amount of hours an employee worked during a pay period. Time tickets come in all different shapes and sizes like the traditional time tickets that are physical cards that are stamped with starting and ending times of employees work days.
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Answer:
D. Use the majority of its promotional budget on advertising that focuses on brand differences.
Explanation: