Answer:
Answer is a.
Explanation:
- The first journal entry for encumbrances is:
Encumbrances 6,000
Encumbrances outstanding 6,000
- After the receipt of the invoice the journal entry should be:
Encumbrances outstanding 6,000
Encumbrances 6,000
Expenditures 5,900
Invoice 5,900
Answer:
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.
Answer:
Taking $1 from Carl and giving it to Andy would increase society's total utility.
Explanation:
Since Andy's income is less than other three people when a $1 taken from Carl would increase Andy's utility more than the loss in utility of Carl. Thats why total utility would increase.
Answer: c. Sydney can diversify 50% of her WillCo stock.
Explanation:
Employee stock ownership plan (ESOP) is simply referred to as an employee benefit where the employees of a particular company are given ownership interest as long as some certain criteria are met.
Once the workers become qualified participants, they can diversify certain percentage of their stocks. From the 1st-5th year, a qualified participant is allowed to diversify about 25% of his or her stock account and about 50% in the 6th year.
Based on the explanation, since Sydney has worked for WillCo for the last 20 years, Sydney can diversify 50% of her WillCo stock.
Answer:
The legislature budget board and the governor are authorize to transfer money from one agency to other.
Explanation:
Given:
Money needs to be transferred from 1 agency to other when legislature is not in session:
Solution:
When Legislature is not in session, the legislature budget board and the governor are authorize to transfer the money from one agency to other during emergencies.
