The government’s budget is balanced when the Revenue and expenditures are sitting on a balance at the same level. Option B is correct.
<h3>What is government budget?</h3>
A government budget is a document created by the government or the other political institution that outlines anticipated tax revenues and proposed expenditure for the new financial year.
The budget is introduced to the legislature in most parliamentary systems, and it typically involves authorization.
Provided that the box dimensions symbolize the lengths of a state's revenues and expenditures, and that the two sizes are equivalent, the budget is called the balanced budget, as Revenue=Expenditure.
If in the second condition, if the two sizes are not equivalent then the budget would be called as the unbalanced budget, and then deficit will occur if the expenditure > revenue and the Surplus will make if revenue > expenditure.
Therefore, option B is correct.
Learn more about the budget, refer to:
Answer:
If we assume that the company does not have any required rate of return or discount rate associated to the lease payments, then the company should lease the equipment because the differential revenue will be higher ($214,200 ˃ $207,000).
Explanation:
the differential revenue if the equipment is leased:
total lease payments - associated costs = $290,000 - $75,800 = $214,200
the differential revenue if the equipment is sold:
selling price - sales commission = $230,000 - $23,000 = $207,000
If we assume that the company does not have any required rate of return or discount rate associated to the lease payments, then the company should lease the equipment because the differential revenue will be higher. The problem is that in the real world this never happens since the company should discount the lease payments since one dollar today is worth more than one dollar tomorrow. Since we are not given any discount rate, we must assume it is 0.
The answer in the space provided is concurrent engineering.
It is because concurrent engineering is the one responsible of having to lead
improvement in regards of the organization or company’s reduced cost or its
productivity in which is helpful and could brought it for their own benefit.
Answer:
The statement is: True.
Explanation:
Scarcity is the basic economic problem by which individuals have unlimited needs counting only with finite resources to fulfill them. In front of this scenario, individuals must make trade-offs meaning the satisfaction of some needs must be given up in part so other needs can be satisfied simultaneously.
If corn is scarce in Kernaland, the first step its inhabitants must take is to ration corn before its exploitation reduces the corn crops even more.
