B.) Work Value
C.) Aptitude
D.) Interest
c. increases liquidity.
b. reduces risk.
d. increases marketability. Please select the best answer from the choices provided
Answer:
The answer is "e. Both A and C are necessary"
Explanation:
First of all, we need to define what a Special Revenue Fund is. This is a fund that a government creates with the purpose of collecting funds that are to be used for a specific project. This also helps in ensuring accountability as well as this indicates that the tax payer's money is being utilized appropriately.
Note that this does not pertain to funds established by private sector entities but are 'governmental in nature'.
Now, a primary requirement for a governmental fund to be classified as a 'major' fund is if at least one element of the fund (that can be either revenue, expenditure, liabilities or assets) are equivalent to a minimum of 10% of the corresponding elements of total government funds. In the given example, 10% of the revenue in the Special Revenue Fund is equivalent to at least 10% of the revenue of the total governmental funds. This figure needs to equivalent to 5% of total governmental and enterprise funds combined as well. Once these two conditions are met, we can classify the Special Revenue Fund as a major fund.
Keeping in mind the above requirement, options 'a' and 'c' BOTH are correct. Also note, that there is no timeframe required for a fund to be classified as major therefore option 'b' is ruled out.
The fixed factory overhead volume variance is $400 (unfavorable)
solution
Fixed Overhead Volume Variance = Applied Fixed Overhead – Budgeted Fixed Overhead
Applied Fixed Overhead= 4,000 units ×2.5 hrs per unit×$0.80 = $8000
and
Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400
Fixed Overhead Volume Variance = $8000- $8400 = $400 (unfavorable)
Answer:
So non of the above is the right answer.
Explanation:
The act of active retention means designating specific funds to pay for unforeseen losses of an organisation . It also serves to serve debt .
A firm having highly liquid asset , do not need active retention because firm may sell the asset at any time.
So none of the above is the right answer.
B. too much socializing is going on.
C. there's an imaginary risk.
D. there's a hidden attitude.