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3 years ago

For insight into a government agency's understanding of the laws it administers, one should consult:

Business

1 answer:

AfilCa [17]3 years ago

4 0

Answer:

The agency's interpretive rules.

Explanation:

An interpretive rule can be defined as a document issued by an agency so as to help expound or clarify existing administrative laws, regulations and statutes in the public domain.

Basically, an interpretive rule is not required to meet the minimum requirements or criteria specified by the Administrative Procedure Act (APA). Also, an interpretive rule is not considered as a force of law because it is not binding on the general public.

Hence, for insight into a government agency's understanding of the laws it administers, one should consult the agency's interpretive rules for an explanation on the law and regulations it promulgated,

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A fourminusfirm concentration ratio measures

maria [59]

A four-firm concentration ratio measures the fraction of an industry's sales accounted for by the four largest firms. A four-firm concentration ratio compares different companies within the same market and the type of control they have over it. The control is in relation and indication of an oligopoly that the companies create together.

6 0

3 years ago

The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue $ 210,000 Act

trapecia [35]

Answer:

Explanation:

The journal entry is shown below:

1. Under Actual costing:

Work in progress inventory Ac Dr $364,000

To Manufacturing overhead A/c $364,000

(Being manufacturing overhead is added to the work in progress inventory)

2. Under Normal costing,

First we have to compute the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $336,000 ÷ 20,000 hours

= $16.8

Now we have to find the actual overhead which equal to

= Actual machine hours × predetermined overhead rate

= 11,000 hours × $16.8

= $184,800

Work in progress inventory Ac Dr $184,800

To Manufacturing overhead A/c $184,800

(Being manufacturing overhead is added to the work in progress inventory)

5 0

3 years ago

Hedging transactions in an active future market have zero. A. True B. False

Evgen [1.6K]

Answer:

A. True

Explanation:

Hedging transactions can be described as derivative that are purchased in order to reduce investment risk of investments by using options, futures or forward contracts as insurance.

A futures market refers to a central financial exchange where standardized futures contracts are bought and sole as defined by the exchange.

Generally, positive net present value (NPV) is yielded by hedging. But the NPV will be zero or even slightly negative as when the market becomes active about the future.

Based on this explanation, the correct option is A. True. That is, hedging transactions in an active future market have zero.

7 0

3 years ago

Cost and Amortization of Intangible Assets On January 2, 2019, Frazier Company purchased a restaurant franchise for $85,000. The

umka21 [38]

Answer: The following journal entries would apply:

Purchase of franchise:

Debit: Restaurant franchise (intangible asset) $85,000

Credit: Cash $85,000

Amortization of franchise:

Debit: Amortization charge $708

Credit: Accumulated amortization $708

Explanation: When the franchise was purchased, there was a cash outflow. So the above first entries would apply in order to recognize the intangible asset in Frazier Company's books. However, the intangible was meant to be amortized over 10 years, meaning $85,000/10 years = $8,500 annual amortization charge. We still have to divide this by 12 in order to arrive at the monthly amortization charge. So $8,500 divided by 12 months = $708 monthly. The above entries apply on amortization.

5 0

3 years ago

On a production possibilities frontier, 500 pounds of apples and 1,200 pounds of bananas can be produced while at another point

Lilit [14]

Answer:

opportunity cost of producing bananas = 2 pounds of apples per pound of bananas

Explanation:

production possibilities frontier (in pounds):

Apples Bananas

500 1,200

300 1,300

between the two points the production of bananas increases by 100 pounds, while the production of apples decreases by 200 pounds, so the opportunity cost of production bananas instead of apples = 200 pounds / 100 pounds = 2 pounds of apple per pound of bananas

8 0

4 years ago