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What else can I help you with?
What is the financial term for the opposite of deficit?
Surplus.
Are deficits and debt the same thing EXPLAIN?
It's not the sameA deficit is simply the result of negative cash flow. For example, if your costs are higher than your revenues, you will generate a loss in your Profit & Loss Statement and a Deficit in your Cash Flow Statement. This does not necessarily constitute a debt. A debt is a legally binding obligation to pay or repay a financial obligation that is based upon a contract (orally or in writing).There can be shades of gray, but a deficit and debt is usually not the same.
What is the UK trying to reduce?
Dependence on the EU and its financial deficit.
How do you get budget deficit?
Budget deficit is a financial situation that occurs when an organization has more money going out than coming in. The term is commonly referred to government spending.
What is a statement of activities?
Basically a statement of activities lists how much money you have earned, how much you have spent and how much profit or deficit you have for a specified period.
Is Attention Deficit Disorder a genetic disorder?
It appears to be caused by a combination of genetic and environmental factors.
What were causes to the financial crisis in France in the late 1780?
bad harvest, debt, and deficit spending
What are the objectives of deficit financing?
1. To meet the financial needs of the government during the financial crisis. 2. To mobilise the idle, unutilised and surplus, resources in the economy.
Why might one need financial intermediary?
A financial intermediary is a financial institution that connects surplus and deficit agents. There are three major reasons one might need a financial intermediary these include maturity transformation, risk transformation, and convenience denomination.
The federal government's practice of spending more than it takes in results in deficit financing is this true or false?
This statement is true. Deficit spending is the spending of more than the government takes in.Ê This is a fairly common practice.
What is the purpose of financial accounting analysis?
Financial accounting analysis is necessary so that a business can make sure that financial matters are being taken care of without a deficit being present. Financial accounting analysis will also help a business pay the proper amounts for taxes.
What macrofactors are influencing the economy today?
In the U.S: Unemployment European Financial Crisis The U.S trade Deficit Lack of Investment/Consumption
