Government and nonprofit accounting involves working for organizations whose purpose is to serve ______. (Select all that apply)

Answers

Answer 1

The people that benefit from the work done by government and nonprofit accountants are:

Ratepayers Taxpayers

Governments are funded by the taxes paid by its people which means that accounting that is done to ensure proper records of the way this money is spent, benefits the taxpayers.

Other nonprofit accounting such as those related to public utility provides such as water and electricity, will benefit those who are paying to use those services. These people are called rate payers.

In conclusion, the accounting mentioned serves ratepayers and taxpayers.

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Related Questions

the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.

Answers

A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.  

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

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Many online stream services allow customers to use their service of limited for 30 days. This strategy tries to increase the diffusion of a new format of using the service through increasing ________.

Answers

Answer:

trialability

Explanation:

trialability is the strategy used to try to increase the diffusion of new format using the service

Many of the meetings in which office workers are involved are informal, small group meetings

Answers

Answer:

false

Explanation:

office meetings are always formal because this is a serious meeting. Every worker is also involved. You can tell by the way they dress the meeting and the way they speak is formal.

An analyst who wants to compare two companies based on their income statement information should prepare a _____ income statement.

Answers

Answer:

Classified (Or Multi-Step) Income Statement

Explanation:

A Classified Income Statement states the income a company has made in a certain time frame, including revenue, expenses, and profits of an organization or company.

An analyst who wants to compare two companies based on their income statement information should prepare a Classified (Or Multi-Step) Income Statement.

What is a Statement?

A statement, like "Pizza is tasty," is a declaration that something is true. In the fields of law, banking, and government, there are more types of statements. Every statement makes a claim or a point. If you see an accident, you have to tell the police what you observed in a statement.

Positive assertions are objective, as is positive reasoning more generally. They can be tested as a result. These can be divided into two groups. One is a claim, such as "a decline in GDP results in an increase.

Unemployment." By examining the GDP and unemployment statistics, this argument can be objectively tested. The second type is a factual remark, such as "It's raining" or "Microsoft is the world's largest manufacturer of computer operating systems."

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Hurry up and help…..

Answers

Answer:

1. A luxury brand of automobile that appeals to peoples need for prestige. psychographic segmentacion

2. a company marking their range of raincoats and umbrellas just before the onset of spring. geographic segmentation

3. a company marketing its kitchen appliances to affluent woman. demographic segmentation

4. a gym offering annual memberships to regular customers at cheaper rates with added benefits. behavioral segmentation

He already answered it

Bob owns 5 acres of land. Bob sells the land to a real estate developer who builds a subdivision with 10 houses. The land is an example of a good that is a. both rival in consumption and excludable. b. neither rival in consumption nor excludable. c. excludable, but not rival in consumption. d. rival in consumption, but not excludable.

Answers

Answer:

I think its A

Explanation:

Hedging risk involves engaging in a financial transaction that offsets a long position by taking an additional ________ position, or offsets a short position by taking an additional ________ position.

Answers

Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.

Risk Hedging refers to various strategy employed to reduce exposure to an investment risk.

Risk Hedging is when the hedge the risk of one investment by taking an offsetting position in another investment.

Hence, the strategy of Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.

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Question 2 of 10
Which of the following are possible negative consequences of filing for
bankruptcy?
O A. Loss of employment
OB. Reduced and consolidated debt
O C. Increased credit score and reduction of debt
O D. Loss of property and lowered credit score

Answers

Answer:

D

Explanation:

The possible negative consequences of filing for bankruptcy is loss of property and lowered credit score. Option D is an appropriate response.

What is bankruptcy?

Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor. An organization files for bankruptcy when it is unable to pay its creditors or honor its financial commitments.

Bankruptcies are seen negatively by prospective lenders and are recorded as bad information on your credit report. If creditors discover a bankruptcy on your credit report, they can opt not to grant you credit or, if they do, they might do so with more expensive interest rates and unfavorable terms.

Your credit scores may suffer if you declare bankruptcy. Hence, the appropriate response is option D.

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the best way for federal reserve board officials to help boost a stagnant economy is to

Answers

The most beneficial way for the Federal reserve board officials to help boost such economy is to lower interest rates so that the banks can provide more loans at cheaper rates to individuals and businesses.

The federal reserve board officials are nominated by the President and Senate to oversee the activities of the federal reserve.

Typically, the stagnant economy is characteristic by increasing interest rate which will discourage borrowing from bank.

However, if the officials lower the interest rate for bank, it will encourage more provision of loans to borrowers.

Therefore, the most beneficial way is to lower interest rates so that the banks can provide more loans at cheaper rates to individuals and businesses.

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if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will

Answers

Answer:

Reduce marginal costs so that they equal marginal revenue.

Explanation:

Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.

the starting point for preparing the operating activities section using the indirect method is ______.

Answers

Organizations often have different operations. The starting point for preparing the operating activities section using the indirect method is Net income.

Net income is simply known to be the gross profit and removing  all other expenses, costs and any other income and revenue sources that are not included in gross income.

A lot of other costs is often removed from gross to make it be at net income. They  include interest on debt, taxes, and operating expenses or overhead costs.

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The banking crisis of 2008 is quite interesting to analyze. The factors that led to this near banking collapse are intriguing to say the least. In this exercise you will be evaluating the factors that led up to the crisis and determining which ones could have created this scenario.

There is no simple answer to what led to the banking crisis, as there were many factors that contributed over a long period of time. Understanding the factors that led to the crisis is very important, as such an understanding will help regulators prevent similar situations in the future.

Please analyze the factors that are given to determine which ones could have potentially worked together to have created the banking crisis of 2008, and then place each factor in the category of either “Major Contributor” or “Little or No Contribution.”

Answers

Banking crisis of 2008 was due to thr global financial crisis that occure during the period

The global financial crisis was a severe worldwide economic crisis.

The financial crisis was rated the most serious financial crisis since after the Great Depression that happened in the 1920s to 1930..

1. Repeal of some provisions of the Glass-Steagall Act of 1933 is a Major contributor to the Banking crisis of 2008.

2. Savvy individual investors is not a Major contributor to the Banking crisis of 2008.

3. The Community Reinvestment Act (CRA)   is a Major contributor to the Banking crisis of 2008.

4. Borrowers’ lack of financial knowledge is a Major contributor to the Banking crisis of 2008.

5. The Troubled Asset Relief Program (TARP) is a not a Major contributor to the Banking crisis of 2008.

6. Mortgage-backed securities (MBSs) is a Major contributor to the Banking crisis of 2008.

7. Electronic Fund Transfer System (EFTS)  is not a Major contributor to the Banking crisis of 2008.

8. Looser governance of loan requirements is a Major contributor to the Banking crisis of 2008.

9. Loans with variable interest rates  is a Major contributor to the Banking crisis of 2008.

10. The creation of the FDIC is a Major contributor to the Banking crisis of 2008.

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Answer:

Explanation:

quick way to get the answer your looking for took a pic of the diagram!

How does the targeting process in entrepreneurship differ from the targeting process in traditional marketing

Answers

Targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

Targeting process refers to process of breaking-down a market into segments to facilitate concentration of marketing efforts on target segments.

An entrepreneur will first seek to come up with a product idea in the targeting process whereas the marketer will seek to identify the market segment to concentrate on.

In conclusion, the targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

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A method used for establishing a logical framework for identifying the required activities for the project is called

Answers

I think it's

Work breakdown structure.

This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many
conversations with friends can he have to efficiently use his time?
OO
01
04
06

Answers

To efficiently use his time, the number of conversations with friends Pete can have is 4.

The Production possibilities curve shows the different ways goods and can be combined so resources are fully utilised. The PPC is concave to the origin.

Points on the curve indicate efficient production.  Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources . Points inside the production possibilities curve means that the nations resources are not being fully utilised.

If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.

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cosy corner plc case study

Answers

Answer: https://www.igcsebusiness.co.uk/uploads/2/6/7/8/26787454/organisation_notes_final.pdf

Explanation:

Select the correct answer.
Mark works as an operations manager in a manufacturing firm. Mark is very particular about the new employees that the company plans to hire, especially because the business needs skilled workers to use new machinery. Which management function is Mark carrying out to maximize his company’s operations in the future?
A. staffing
B. controlling
C. planning
D. organizing

Answers

Answer:

Explanation:

I'd say controlling

It could be staffing tho i don't know

Answer:

A) Staffing

Explanation:

Took test

The _____ must be prepared by the condominium owners association no more than 3 months prior to the date the completed certificate is delivered to the buyer.(a) Condominium Resale Certificate(b) Loan Assumption Addendum(c) Certificate of Reasonable Value(d) Title Commitment Letter

Answers

The Condominium Resale Certificate must be prepared by the condominium owners association no more than 3 months prior to the date the completed certificate is delivered to the buyer.

You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales policy. Last year, your dealership earned record profits of $1.9 million. In your market, you compete against two other dealers, and the market-level price elasticity of demand for midsized Honda automobiles is -1.2. In each of the last five years, your dealership has sold more midsized automobiles than any other Honda dealership in the nation. This entitled your dealership to an additional 40 percent off the manufacturer’s suggested retail price (MSRP) in each year. Taking this into account, your marginal cost of a midsized automobile is $11,000.


What price should you charge for a midsized automobile if you expect to maintain your record sales?

Answers

The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.

Using this formula

Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)

Let plug in the formula

Midsized automobile price  = $11,000 (3× -1.2) / 1 + (3× -1.2)

Midsized automobile price  = $14,000 × -4.8/ -3.8

Midsized automobile price = $14,000 × 1.384615

Midsized automobile price  = $15,230.765

Midsized automobile price =$15,230.77 (Approximately)

Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.

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Differentiate between equity financing and debt financing?

Answers

Answer:

When a business wants to obtain cash, it has two options for financing: equity financing and debt financing. Equity financing is the most common kind of financing accessible to companies. Debt financing refers to the borrowing of money, while equity financing refers to the sale of a piece of the company's stock.

Explanation:

Hope it helps:)

If you move a shipment from point A to point B, the subsequent movement from point B back to point A is most commonly referred to as the ____________

Answers

When an individual moves a shipment from one point to another point and then moved it back to the previous point, it's known as reciprocal movement.

Reciprocal movement simply means a movement that's repetitive in a rotational or linear manner.

If one moves a shipment from point A to point B, the subsequent movement from point B back is reciprocal movement. Reciprocal movement can also occur when two businesses promote each other so that they'll gain a mutual benefit.

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When Ms. McConnley is ready to check out, she informs Samra that she does not have any cash to pay her $25 copayment. How should Samra respond?.

Answers

Samra should react professionally and sympathetically in the event that a patient, like Ms. McConnley, is unable to pay the $25 copayment.

Samra might approach the matter in the following manner:

Remain Calm and Empathetic: Speak to Ms. McConnley patiently and with an understanding of her predicament.Offer Alternative Payment Options: Mention any accessible payment plans or assistance programs, as well as alternative payment options like credit/debit cards.Ask whether she may postpone the payment due to anticipated short-term financial problems. Discuss Delayed Payment.Communication with Supervisor: If necessary, seek guidance from a supervisor, especially if the circumstance calls for special treatment.Note the Interaction: Detail the talk, any agreements, and any subsequent actions in detail in the patient's chart.Respect patient privacy by handling sensitive information discreetly and securely when recording.Share contact information with the billing department or patient financial services to get more information about payment plans and financial aid.

Hence, maintaining empathy, looking for solutions, and professionally recording interactions when dealing with Ms. McConnley's condition all contribute to a patient-centered approach and accurate record-keeping for efficient healthcare administration.

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The given question is incomplete; below is the full question.

How should Samra handle the situation with Ms. McConnley? When Ms. McConnley is ready to check out, she informs Samra that she does not have any cash to pay her $25 copayment. How should Samra respond? When Ms. McConnley is ready to check out, she informs Samra that she does not have any cash to pay her $25 copayment. How should Samra respond? Is it necessary for Samra to make any notations in the patient’s chart?

Which of the following is typically NOT led by a company's Human Resource department?

Answers

Answer: they dont file complaints

Explanation:

Once you are signed up for overdraft protection, you cannot opt out?
True or False​

Answers

The statement that once you are signed up for overdraft protection, you cannot opt out is false.

What is Overdraft protection?

Overdraft protection serves as an option that is been given by the bank accounts which prevents check, ATM as well as debit card transactions.

This protection helps the individual, from causing the account's balance to fall below zero.

It should be noted that with this protection, an overdraft fee or a non-sufficient funds can be triggered.

We can conclude that if you sign up for overdraft protection, you can as well opt out.

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Do you think it is fair for dealers to charge you more for a car they pay the manufacturer

Answers

Answer:

I dont think they should charge more

Explanation:

Answer:

In my opinion, No,

But this occurs only when demand is so high that dealers aren't struggling to make a sale, and it generally indicates that an MSRP is too low. In the rare case that dealers can't restock a particular vehicle fast enough, it's perfectly legal (and a savvy business decision) to charge more than the MSRP.

I hope this helps.

What type of promise to pay does a promissory note represent?

Answers

Answer:

my left

Explanation:

Answer: unconditional

Explanation: i just got it right

brenda apologized to kordell for an e-mail that upset him. she said she had chosen an inconsiderate way of stating her idea, and that she’d be happy to discuss it further. brenda is:

Answers

The behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.

Consideration behavior can be described as exhibiting a friendly and supportive disposition by considering the interests of others. It also entails effectively communicating openly with others, having respect of their ideas and showing concern for their feelings.

Thus, the behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.

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Make a Claim
Dana needs to use the information from her 1098-T form to determine if
she qualifies for a tax credit. If information is missing on her 1098-T form,
leave the matching input field blank.
Input amounts from the 1098-T form into matching tax preparation software fields.

Answers

1098-T form is a U.S tax form for students or parents to obtain a tax credit on the amount of fee paid during an educational term or semester or year.

This form determines if the students or their parents qualify for the tax credit.

Yes Dana is eligible for her tax credit as her expenses are greater than $ 4000. For this she will receive $2500

If the scholarships exceed the amount of the educational fee then a tax credit has to be recalculated on a certain amount.

The first box is to be filled by the student's name (Dana) in this case, her address and  her contact number.

The other boxes are to be filled with the filler and social security numbers as asked.

The no 1 box gives the tuition fees received and box 2 gives the tuition fees billed.

The box 3 has to filled if any change is made by the institution in billing amount.

The other boxes are filled similarly and the form is submitted to the IRS and the copy is kept with the student.

In the given question only 3 pieces of information are given .

Name : Dana

Amount Received : $ 16,467

Scholarship Received: $ 1500

These are already filled in the form.

Educational tax credit covers up to 100% of the first $2000 of the educational expenses and 25% of the next $ 2000 expenses.

It can be filed if the parent's income is up to $ 80,000 in the year 2020.

Yes Dana is eligible for her tax credit as her expenses are greater than $ 4000. For this she will receive $2500

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Answer:2500

Explanation:

The curve most economists use to follow the relationship between the interest rates and bonds' time to maturity is the:

Answers

The answer here is ‘yield curve’.

of 4

On January 1, 2021, Gundy Enterprises purchases an office building for $195,000,

paying $45,000 down and borrowing the remaining $150,000, signing a 8%, 10-

year mortgage. Installment payments of $1,819.91 are due at the end of each month,

with the first payment due on January 31, 2021.

pok

2. Complete the first three rows of an amortization schedule. (Do not round intermediate

calculations. Round your final answers to 2 decimal places.)

int

ences

Decrease in

Date

Cash Paid

Interest

Expense

Carrying Value Carrying Value

1/1/2021

$ 150,000.00

1/31/2021

1,819.91

nnnnnnn

4040

< Prev

G2

5 6

7

of 7

Next >

Answers

Answer:

%You can answer that read your books or module you can find the answer

Explanation:

thank u bbb

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when was interracial marriage legalized in the usa I NEED HELP IM LOOSING MY MIND !!!!!!ITS DUE IN A FEW HOURS I JUST NEED HELP WITH THE BOTTOM HALF Comment on the effectiveness of the differing depictions of the main characters Ichabod Crane and King Prospero in the text as opposed to the movie. Respond to each depiction individually. what event led to the end of operation reinhard? Help pls 10 pts.Drastic boundary changes can occur for all of the following reasons except for __________.A.a shift in the way a river flowsB.the collapse of a government systemC.a conflict between two neighboring groupsD.one countrys decision to sell land to another countryPlease select the best answer from the choices providedABCD What natural resources does mars have? Complete the Punnett square What was a result of the Whiskey Rebellion? A. The federal government asserted its authority. B. Farmers overthrew the state government in Pennsylvania. C.Washington gave up his role of commander in chief. 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