Answer:
Public referendum
Explanation:
Public referendum
Raising debt limit is not one side decision it always been bilateral decision between public and government. it is done to raise the treasury of government. it is yearly program which may be initiate on the basis of condition of municipality funds. therefore it need referendum from public side to decide whether to increase the debt limit or not
Answer:
Correct answer is b. relates to subunits ot the entity and may be very detailed.
Explanation
Managerial accounting involves collecting, storing, analyzing, and reporting information about the operations, activities and finances of a business. These reports are generally used by the managers of a business, rather than by any external entities, such as shareholders or lenders. The purpose of this accounting is to facilitate manager from senior to line level to make informed decision.
So in order to run the business smoothly this information/accounting is required to be very detail and covering each and every aspect of the entity.
Answer:
A) Total revenue = 400 loaves of bread x $2 per loaf of bread = $800
B) Total economic costs = (5 units of labor x $40 per unit of labor) + (7 units of land x $60 per unit of land) + (2 units of capital x $60 per unit of capital) + (1 unit of entrepreneurial ability x $20 per unit) = $200 + $420 + $120 + $20 = $760
C) Economic profit or loss = total revenue - total economic costs = $800 - $760 = $40
D. a firm that has some control over the price of the product it sells
