Answer: Collateral bonds
Explanation: In simple words, collateral or secured bonds refers to the the bonds that have are backed by the security of some financial asset such as any stock or some other bonds which are referred to as collateral.
These collateral assets are held and deposited by the trustee at the discretion of the holders. Generally, the interest rate on these bonds is Lower than the interest rates of normal bonds without collateral as they have an additional security.
In case the company fails to pay to the bonds holders they can pressure the company to sell the asset and make payments to the bondholders. These bonds are issued by strong organisations to some specific individuals.
Answer:
Cost of god transferred = $88,300.
Explanation:
The cost of job transferred out =
Opening WIP + direct material cost + direct labor cost + applied overhead - closing WIP
Cost of job transferred = 4,600 + 47,200+ 29,700 +15,900 - 9100
= 88,300.
Kindly note that closing inventory represents amount of manufacturing costs that has been incurred on production units but which are yet to be completed . <em>So to determine the cost of what has be completed and finished, we subtract the value of closing inventory from the total manufacturing cost incurred till date. </em>
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Answer:
A. increase; decrease; increase
Explanation:
If the inflation of United States is lower than in other countries, it means that the price level of United States products are relatively lower than price of products in other countries. So that, the foreign consumers want to buy U.S products more, leading to the increase in U.S. export.
Similarly, as the price of products in other countries are higher than that in the U.S., so that the U.S. residents want to buy domestic products more, reducing the imports of products from other countries, leading to the decrease in the U.S. import.
As the Net export = Export ↑- Imports↓
=> The Net export of US would increase
Answer:
Tax return preparers may generally rely on a client's representations without verification unless the information seems incorrect, inconsistent, or incomplete, Option A.
Explanation:
A "tax return preparer" usually relies in good faith without verification upon information furnished by a taxpayer or another advisor or third party. But he has the authority to make inquires in case he feels the information given is incomplete or inconsistent. Also, some of the provisions also require few circumstances or facts to be claimed before deduction is made. So, A tax return preparer should make relevant inquiries to decide if the information given is correct as required by an "Internal Revenue Code" section or a regulation to claim either a deduction or a credit.