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It is ethical or practical to submit a budget for an amount higher than the costs expected to be incurred?
It happens all the time. Every department has items that would be nice to have and in fact would help the department run better. Those dreams are submitted in the budget. The budget also lists the items which are necessary to continue at last years level. Every hospital needs more equipment. Every sheriffs' department needs more cops. Every library needs more books.
What else can I help you with?
Difference between outstanding expenses and unexpired expenses?
Outstanding expnese is that expense which is already incurred but amount is not paid while unexpired expenses are those expenses for which payment is made in advance but actually expenses are not yet incurred.
The net amount expected to be received in cash from receivables is termed the?
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What is expected to be the biggest amount on your pay stub?
Net income----- apex
If you owe the IRS can you still get a refund?
No not if you are in the FMS offset refund program and your expected refund amount is less than the amount that is owed to the IRS.
Is the acquisition of non current assets included in the income statement?
Acquisition amount of purchase of non-current asset is shown in balance sheet while any profit or loss incurred for purchase of assets is shown in income statement.
What is franchise in insurance?
A minimum amount of loss that must be incurred before insurance coverage applies
What is typical amount for auto accident settlement with minor injury?
The amount typical is commensurate to the actual damages and accompanying losses incurred by the claimant.
If the collection agency amount is more than the creditor amount which amount do you legally have to pay?
A collection agency legally require the amount of the debt, plus any other charges/penalties incurred in the collection of the debt.
What were Japanese men expected to do beginning in 1889?
They were expected to serve a certain amount of time in the national military.
What are the total expenses incurred by the business in the last quarter?
The total expenses incurred by the business in the last quarter refer to the total amount of money spent on various costs and expenditures during the three-month period.
Difference between outstanding expenses and unexpired expenses?
Outstanding expnese is that expense which is already incurred but amount is not paid while unexpired expenses are those expenses for which payment is made in advance but actually expenses are not yet incurred.
What is Florida's requirements for PIP insurance?
A: Medical benefits are payable at 80% of the amount incurred due to a covered injury. The amount of death benefit payable for an insured person is $5,000. Disability benefits are payable at 60% of any lost wages incurred due to a covered injury. The total amount payable under PIP for any one accident is $10,000.
When does and incurred loss occur?
An incurred loss occurs when there is objective evidence that a loss event has occurred before the financial statements are issued and the amount of the loss can be reasonably estimated. In other words, it happens when a company has experienced a loss or is aware of the likelihood of a loss and can reasonably estimate the amount of that loss.
Describe the capabilities expected of information systems in modern organizations?
Information systems are expected to be robust. They are expected to handle a lot of information in a short amount of time.
What is notional margin?
Expected amount of margin made on product.
What are ethical considerations of the salinity of water?
The salinity of water refers to the amount of salt in it. There are ethical implications if water is too salty, because it will become unsafe for human consumption.
What is meant by the term carriage on sales?
Carriage on purchases is an expense incurred when the business delivers goods to their customers and it is not included in the amount of sales.
