Explain the use of budgetary accounting and encumbrances by NFPOs.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Many NFPOs control their spending by formally recording the ...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
Question Posted:
Students also viewed these Accounting questions
-
Explain the use of structured English in process descriptions.
-
Explain the use of incentives to control cost.
-
Explain the use of system dynamics as a simulation tool for solving complex problems.
-
In Problems 530, a. Classify the sequences as arithmetic, geometric, Fibonacci, or none of these. b. If arithmetic, give d; if geometric, give r; if Fibonacci, give the first two terms; and if none...
-
Water Corporation reports $500,000 of taxable income for the current year. The following additional information is available: For the current year, Water reports an $80,000 long-term capital loss...
-
Describe the evolution from centralized DBMSs to distributed DBMSs.
-
Predicting Flight Delays (Bootstrap Forest and Boosted Trees). We return to the flight delays data for this exercise, and fit both a bootstrap forest and a boosted tree to the data. Use scheduled...
-
CLIC manufactures two types of cigarette lighters: Basic and Super. A new plant began producing both lighter models this year. The following variable costing statement summarizes the first year of...
-
Sweet Treats Beverage Company's operating activities for the year are listed below. Purchases Operating expenses Beginning inventory Ending inventory Sales revenue $140,600 80,800 12,400 18,100...
-
The request queue for disk cylinders is 78, 137, 156, 120, 103, 87, 177, 65. Initially, the read-write head is at cylinder 100. Calculate the total head movements using Shortest Seek Time First...
-
Outline the financial reporting requirements for an NFPO's investments in other organizations.
-
Name the two methods of accounting for contributions, and explain how the methods differ from each other.
-
The accompanying comparative bar chart is from the report More and More Teens on Cell Phones (Pew Research Center, www.pewresearch.org, August 19, 2009). Suppose that you plan to include this graph...
-
The expected return for the general market is 12.2 percent, and the risk premium in the market is 9.1 percent. Stocks A, B, and C have betas of 0.856, 0.698, and 0.547, respectively. What are the...
-
Marks & Spencer Group PLC has a beta of 0.94. If the return on U.K. Treasury bills is 1.94 percent and the return on FTSE All-Share Index is 5 percent, what is the expected return and the risk...
-
Assume Karen Korrs has the following portfolio. What is the portfolios beta? STOCK Mitsubishi UFJ Takeda STOCK WEIGHT BETA 23% 1.37 5% 1.56 Isetan Mitsukoshi 35% 1.05 Toyota 17% 1.15 Kyocera 20% 1.48
-
Ricoh issued bonds that pay $76.50 in interest each year and will mature in 8 years. You are thinking about purchasing the bonds. You have decided that you would need a 5.5 percent return on your...
-
Louis Vuitton SE is evaluating a security. Calculate the investments expected return and its standard deviation. PROBABILITY RETURN 0.20 7% 0.25 10% 0.40 12% 0.15 18%
-
Describe five situations that would be considered unethical in a veterinary hospital.
-
Currently, there are five concepts of food stands, including: hot dogs, soft pretzels, turkey legs, sandwich wraps, and funnel cakes. This approach will double the existing number of food stands...
-
Harms acquires Blake on January 1, 2015, for $1,000,000. The amount of $800,000 is assigned to identifiable net assets. Goodwill is being impairment tested on December 31, 2019. There have not been...
-
Barstow Company is contemplating the acquisition of the net assets of Crown Company for $875,000 cash. To complete the transaction, acquisition costs are $15,000. The balance sheet of Crown Company...
-
Smith Company is acquired by Roan Corporation on July 1, 2015. Roan exchanges 60,000 shares of its $1 par stock, with a fair value of $18 per share, for the net assets of Smith Company. Roan incurs...
-
Write the feature of Super's Career Development Assessment and Counseling (C-DAC) system?
-
Describe one type of role-play technique you could use in a specific group setting. Explain who would benefit from this technique and why. Toseland, R. W., & Rivas, R. F. (2017). An introduction to...
-
Suppose that a manager is following a base stock policy where the optimal inventory position is 10. Assume the component lead time is 2 days. At the end of day 1, there is no ordered units yet to be...
Study smarter with the SolutionInn App