Transfer Payment: These are the payment which does not produce any output, it is just redistribution of income or wealth from one section to another section of the economy. 10) In the circular flow diagram, the different payments made by firms to households include A) wages and profits. Electronic Fund Transfer (EFT) Other Network-based technologies; Features. A $1,000 social security check paid to a retiree. 4—Federal Supply Schedules 8. Payment of a per diem allowance under part 302-4 of this chapter requires you to review claims for the validity, accuracy, and reasonableness of each expense amount, except for meals and incidental expenses. D)net borrowing between the United States and other countries. Which of the following could be called an unfunded mandate imposed by the federal government to be carried out by state and local governments, without enough funds to … B) interest and taxes. ____ 55. wikipedia 1 and wikipedia 2). accountants during the tax season to audit tax returns. An army officer, paid by … There are three components of the capital transfer sub-account. Inadequate selection of goods compared to physical marketplaces. The correct answer is: "subsidies". a. Consumers feel that … a certain brand is not stylish enough to interest them. Explain how each of the following policies read this reviewed income across generations. E-Commerce provides the following features − Non-Cash Payment − E-Commerce enables the use of credit cards, debit cards, smart cards, electronic fund transfer via bank's website, and other modes of electronics payment. D) an in kind payment for workingʺ off the books.ʺ Answer: B The payment is based on three phases of a surgical procedure. In Figure 8-2, which of the following moves can be explained by an increase in government transfer payments? So this question is not that I'm difficult and it does not require lots of man. D. Transfer posting. An increase in mine workers’ transfer earnings to Mozambique. These are large, but infrequent, insurance payments from foreign insurance companies. a. 4) I only. They receive a transfer payment that enables them to buy food for their family. a. you transfer $1,000 from your bank account to a mutual fund. b. a Accounts receivable is increased with a debit. A $100 transfer from checking to savings. Ecommerce refers to the paperless exchange of business information using the following ways − 1. All payments due under this Agreement shall be made from a bank located in the United States by bank wire transfer in immediately available funds to a bank account designated by Editas.All payments hereunder shall be made in U.S. dollars. True. In order to choose the best submission date, especially in case of any other ongoing/expected procedures, the transferor should contact the Pre-submission Queries Service (matransferquery@ema.europa.eu) at least 1 month before submission of the application. a. a cowboy b. a cherry pie c. a newspaper d. a hand-held calculator e. a pencil 8. E-Commerce or Electronics Commerce is a methodology of modern business, which addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery. THE BALANCE OF PAYMENTS (BP) The balance of payments is the summary statement of the flow of economic transactions between the residents of one country and the rest of the world over a given period of time. The government sends your grandfather his social security check subsidies. ... D. Guaranteed payments. Which of the following transactions best represents the government playing the role of provider of a good or service? B. $4,000 C. $48,000 D. $52,000. Capital Transfer. Which of the following transactions best represents the government making a transfer payment to a household or business? 3) II only. Providing low-income families with funds to buy food is an example of a transfer payment. ~Your answer is correct. Is that Regis Revision from young to old or young. We have step-by-step … View desktop site. asked Jul 13, 2016 in Economics by Marra. On December 1, 2011, how much interest is accrued on this loan? Which of the following represents a transfer payment? B)balance with a discrepancy of $40 billion. A. b. IFRS 3 establishes the following principles in relation to the recognition and measurement of items arising in a business combination: Recognition principle. a. personal interest b. proprietor's income c. wages and salaries d. rental income e. transfer payments 7. With respect to GDP, how are welfare payments treated. 1. annual licensing fee for all in-state vehicles. b. A. Persistent cultural attraction of physical markets and traditional shopping experiences. B) The federal government pays a retiree her Social Security benefits. a. Social Security payments are a means of redistributing income, but they are not a government service either. The controller of the company inappropriately records January sales in December so that year-end results will meet analysts’ expectations. Unlike the exchange transaction which mutually benefits all the parties involved in it, the transfer payment consists of a donor and a recipient, with the donor giving up something of value without receiving anything in return. Blue is the best selling color for all models in the product line. These payments are considered to be non-exhaustive because they do not directly absorb resources or create output. a. Electronic Data Interchange (EDI) 2. d. your employer automatically transfers $100 each month from your wages to a non-taxable You transfer $1,000 from your bank account to a mutual fund. A. You must consider the following factors: (a) Ease of administration. b) An army officer, paid by the government, transfers part of the money he receives back to the government to pay his taxes. (x) You transfer $1,000 from your bank account to a mutual fund. The land has a current market value of $22,000. A. Multiple funds transfers. Which of the following best represents fraudulent financial reporting? A) The federal government pays a defense contractor for development of a missile system. Program assists low-income families with purchasing food. A. Becker Professional Education has more than 20 years of experience providing lectures and learning tools for ACCA Professional Qualifications. 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