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3 years ago

A budget is a system that _____.

Business

2 answers:

Nata [24]3 years ago

4 0

Answer:

A) keeps track of money that is earned and spent

Explanation:

A budget is a system that keeps track of money that is earned and spent. This is what a budget is.

never [62]3 years ago

3 0

Answer:

keeps track of money that is earned and spent

Explanation:

helps people make more money is incorrect, because a budget is not always a good thing- I can budget 7 million dollars for a new house, but that doesn't necessarily change the fact I won't be able to pay it off ever.

moves money from a checking account to a savings account-

this is not always the case, and a budget itself won't move the money, but this may be an aspect of a budget.

helps automatically pay bills-

It helps pay bills, just not automatically.

Therefore, by the process of elimination, the answer is A.

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"If a speaker were giving an informative speech to a group with a kinesthetic learning style, he would do well to include a numb

gtnhenbr [62]

"If a speaker were giving an informative speech to a group with a kinesthetic learning style, he would do well to include a number of hands on activities in his speech."
Kinesthetic learning provides ways for the audience to do something in their seats, rather than listening to a lecture or watching a demonstration. You can create an activity by pairing two people together (sitting next to each other).

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3 years ago

Recently many large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Fe

xenn [34]

Answer:

A. True

Explanation:

Large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Federal Reserve, and this has caused an increase in the money multiplier and the money supply.

This is true as an increase in the Federal reserves would lead to increased room for loan and lending facilities which would also help increase the money supply of the populace.

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3 years ago

On January 1 of this year, Thomas Insurance Corporation issued bonds with a face value of $ 4,000,000 and a coupon rate of 9 per

e-lub [12.9K]

Bonds Payable amount reflected in balance sheet = $2192890

Face Value = $2000000

Coupon Rate = 10%

Maturity Period = 10 years

Number of compounding = 2

Interest = $2000000 * 10% * 6/12 = $100000

Period = 2 * 10 = 20

Maturity Value = Face Value = $2000000

Market Interest Rate semiannually = 0.085 / 2 = 0.0425

Market Value = Present Value of Future Cash Flows

= PV of Interest + PV of maturity value

= (Interest * PVAF (4.25%, 20)) + (Maturity Value * PVIF (4.25%, 20))

= (100000 * 13.29437) + (2000000 * 0.434989)

= $1329437 + $869978

= $2199415

Since market value is greater than face value, we can say that bonds are issued at a premium.

Premium = $2199415 - $2000000 = $199415

Journal Entry to record the issuance of bonds:

Cash a/c Dr $2199415

To Bonds Payable a/c $2000000

To Premium on the issue of bonds $199415

Bonds Payable amount is a liability account that carries the quantity owed to bondholders by way of the company. This account usually seems in the lengthy-term liabilities section of the stability sheet, on account that bonds usually mature in more than one year.

Learn more about Bonds Payable amount here: brainly.com/question/7158291

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1 year ago

You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and

Lostsunrise [7]

Answer:

The president realizes that you are acting as a mentor to junior employees.

Explanation:

Mentors are very experienced people that provide advice to less experienced peers to help them reach their full potential, make wise decisions and advance in their careers. They become role models to others as they have experienced success in their fields.

A good mentor is characterized by their leadership, knowledge and willingness to help others in their professional development. They are able to effectively transmit their expertise and provide feedback to others on how they can improve.

8 0

3 years ago

Your total cash income is $80,000. You pay $8,000 in taxes and $60,000 in other expenses. Your savings ratio is

inessss [21]

$12,000 if i am correct

4 0

2 years ago