This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A federal agency received allotments of 95,000 . It does not use commitment accounting. It placed ... (Read 80 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
on: Jul 5, 2018
A federal agency received allotments of 95,000 . It does not use commitment accounting. It placed three orders totaling 70,000, received all the supplies ordered, and approved invoices totaling 73,000 for the three orders.
 
  It then consumed 55,000 of those supplies. It then placed another order for 12,000, but the agency has not yet received delivery. How much of the agency's allotment is available for additional obligation?
   a. 13,000
   b. 33,000
   c. 10,000
   d. 40,000

Question 2

What is meant by the term B2C?
 a. balance to cash
  b. business to cash
  c. book to capital
  d. business to consumer


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

briezy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

d


casperchen82

  • Member
  • Posts: 540
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Federal vs state govenment Federal vs state govenment
Accounting (Making Entries) Accounting (Making Entries)
Development Accounting Development Accounting
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
Cost Accounting 14 Cost Accounting 14
Accounting Accounting
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library