Answer: b. Executive agencies receive their power delegated from the executive branch (the president). Independent agencies receive their power as delegated from Congress.
Explanation:
There are two types of Administrative agencies in the United States: Executive and Independent.
Executive agencies are created by the Presidency and are therefore answerable to the president. They usually have a single leader who sits on the President's cabinet.
Independent agencies are created by an Act of Congress to manage complex areas of operation. They do not usually have a single leader but rather a board or commission with leaders that do not sit on the President's cabinet. An example is the Environmental Protection Agency(EPA).
The after-closing balance in a revenue account will always be zero. this statement is True
This is further explained below.
<h3>What is
a revenue account?</h3>
Generally, The amount in a revenue account is moved during the closing process from the income statement into the retained earnings account, leaving a balance at the end of the revenue account of zero.
This leaves an opening balance in the retained earnings account. Because the ending balance of one period becomes the starting balance of the following period,
In conclusion, The beginning balance of a revenue account will likewise be zero at the beginning of the period.
An after balance in an income statement will always be zero. This assertion is indeed correct.
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Answer:
It has to do with cost, portion control and child personality training
Explanation:
1. Portion Control: Parents often give their children so much more to eat than they can, when meals are presented pre-plated and this can lead to waste, which would have been avoided in a family-style meal where each child can pick for themselves as much as they know they can eat.
2. Cost Control: Pre-plated meals because of their nature of already-defined-portions could help parents budgeting as against when children begin to pick so much more portions of fish at meal time, than they do vegetables; which can spike the cost of each meal
3. Personality Training: In pre-plated meals, the decision making is in the hands of the parent but in the family style meals, the child is beginning to learn how to make choices and decisions, early enough in life; which have have huge leadership benefits at the work place and personally, later in life.
Answer:
117,000 adjusted COGS
Explanation:
![$$Beginning Inventory + Manufactured = Ending Inventory + COGS](https://tex.z-dn.net/?f=%24%24Beginning%20Inventory%20%2B%20Manufactured%20%3D%20Ending%20Inventory%20%2B%20COGS)
35,000 + 136,000 = 48,000 + COGS
COGS = 123,000 before adjustment
overapplied overhead for 6,000
This means the applied is higher than actual expenses, the cost is 6,000 lower we must decrease the COGS
123,000 - 6,000 = 117,000 adjusted COGS
The correct statement will be that the monthly lease payments that Ralph will have to make to lease such a car will be $362.17. So, the correct option that matches the statement is not quoted above.
The calculation of monthly lease payment can be done by deduction of residual value and dividing such value by number of months.
<h3>
Calculation of monthly lease payments</h3>
- The residual value can be calculated by using the formula by applying the given information,
- So, depreciation of the car after three years will be $8960.
- Interest payment per month will be calculated as,
- And the payment towards actual lease would be,
- So, total monthly payment towards leasing such car will be,
Hence, the correct statement is that the monthly payment towards the lease of car by Ralph will be $362.17 and none of the options given is correct.
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