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Sav [38]
2 years ago
8

Which of the following is TRUE regarding unexpected expenses?

Business
1 answer:
kaheart [24]2 years ago
4 0

Answer:

They should be planned for.

Explanation:

Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities.  These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.

The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.

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Mistor Co. amended its pension plan on January 2 of the current year. It also granted $600,000 of unrecognized prior service cos
vesna_86 [32]

Answer: $105,000

Explanation:

Given, unrecognized prior service costs granted = $600,000

service years in future = 2,000

service years this year = 350

Mistor's unrecognized prior service cost amortization for the year = (unrecognized prior service costs granted) ÷ (service years in future) ×(service years this year )

= $(600000÷2000×350)

= $105,000

Hence, Mistor's unrecognized prior service cost amortization for the year = $105,000

6 0
3 years ago
You are the PR officer of a major MNE in the chemical industry. The national press in your home country alleges that your compan
vichka [17]

Answer:

PR is answerable for the collaboration of the corporate with the civilization, government, media, and consumer. Once a particular sort of event happens, confirm PR conveys in media that there'll be a reaction group selection to completely check the most explanation for the event whether or not it's a synthetic error or mechanism responsibility within the event. There’ll be a unbiased group are going to be conjointly selected to evaluate true and outcome and consequently given the results of the particular explanation for the event.

7 0
3 years ago
"The economy is doing well when the level of real GDP<br> is at Potential GDP"<br> True<br> O False
Damm [24]
The answer is Trueeeee
8 0
2 years ago
Historical returns have generally been __________ for stocks of small firms as (than) for stocks of large firms.
g100num [7]

Historical returns have generally been higher for stocks of small firms as (than) for stocks of large firms.

<h3>What is stocks?</h3>

Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents fractional ownership of the firm based on the total number of shares.

A stock is a type of instrument that implies the holder owns a share of the issuing firm and is typically traded on stock markets. Corporations issue stock in order to raise funds to run their enterprises. Stock is classified into two types: common and preferred.

Stocks are ownership stakes in a publicly traded corporation. When you purchase stock in a corporation, you become a part-owner of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company.

To know more about stocks follow the link:

brainly.com/question/25818989

#SPJ4

3 0
1 year ago
Is the statement below true or​ false? ▼ True False . ​(Select from the​ drop-down menu.) The cash surplus can be used for a var
nlexa [21]

Answer:

(A)  The cash surplus can be used for a variety of purposes. In the​ short-term, they may replace their​ car, buy better​ furniture, or more quickly pay off their home. TRUE

(B)Alternatively, they may purchase stocks and​ bonds, or increase their savings for future needs. TRUE

(C) Investments in the stock market are generally designed to increase an​ individual's future​ wealth, the purchase of bonds typically allows one to at least retain their purchasing​ power, while investment in savings accounts provide liquidity. FALSE

Explanation:

(A) The currency can be used to anything he owner wants.

(B) Correct, the ecnomics always define that a person after receiving his income has only two option available. It can used in consumer goods. Or it can saved  to invest

(C) The reason the stock and bonds exist is to raise fund for companys whichyield a return. The company takes the most benefit from this system as it would be difficult to convince a single peroson to invest a large amount in his business. Through sotck it can ask for fewer amount to more people but, this people will receive an income but it won't become rich for a couple shares.

As this part is not true, then the whole sentence must be catalogate as false.

5 0
3 years ago
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