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4 years ago

What is Not true about unexpected expenses?

Business

1 answer:

m_a_m_a [10]4 years ago

3 0

Answer: Option a they do not occur if you have a budget

Explanation:

Unexpected expenses are the sudden expenses which occur which are apart from the budgeted usual expense. These expenses cannot be predicted in advance they also occur rarely. The payment of other bills become due to unexpected expenses. They affect the budget of the month.

The borrowing of funds can be avoided if funds are saved for emergency purposes in the budget.Emergency fund saved can help to meet the unexpected expenses. They can be included in the budget as emergency fund.

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Which promotion exemplifies the use of a fixed-ratio schedule of reinforcement?a café prints "you are a winner" on a random one-

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Which promotion exemplifies the use of a fixed-ratio schedule of reinforcement? A café prints "you are a winner" on a random one-twelfth of its coffee lids; patrons receiving such a lid can redeem it for a free beverage. A fixed-ratio schedule of reinforcement, which a response is reinforced when there is a set number of responses. Every set number of people purchasing the coffee have a chance to win a free beverage.

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4 years ago

Inventory at the end of the year is overstated. Which of the following statements correctly states the effect of the error? a. n

vlabodo [156]

Answer:

The answer is stockholders' equity is overstated

Explanation:

When inventories are overstated it reduces the cost of sales because the excess inventory in accounting records means the ending inventory will be higher and cost of sales will be lower.

When ending inventory is overstated, total assets and retained earnings will be overstated. And when retained earnings is overstated, stockholders' equity is also overstated because retained earnings is a line item under stockholders' equity.

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3 years ago

If the government decided that each family needs a minimum income of $25,000 and promised to make up the difference between what

Amiraneli [1.4K]

Answer:

d. All of the above are correct.

Explanation:

In the case when the government decided that each kind of family required atleast income i.e. $25,000 so it would decrease the work incentive for earning till to $25,000 also it should be taxed by the government. In addition to this, in the case when the workers are discouraged so they miss on the job training and limits their capability for improving out their skills

So as per the given scenario, the option d is correct

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3 years ago

Sheffield Corp. traded machinery with a book value of $978480 and a fair value of $906000. It received in exchange from Ivanhoe

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Answer:

Gain $72,480

Explanation:

Calculation for the amount of gain or loss that Sheffield should recognize on the exchange

Using this formula

Gain/Loss= Book value – Fair value

Let plug in the formula

Gain/Loss= $978,480 – $906,000

Gain=$72,480

Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480

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3 years ago

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3 years ago