Seasonal variations and secular trends
How do seasonal variations and secular trends make difficult measurement of the business cycle?
Expert
Usually there is a pre-Christmas spurt in construction and sales and a January slackening. This usual seasonal variation does not signal boom or recession. From decade to decade, the long-term trend (the secular trend) of the Canadian economy has been rising. A period of no GDP growth therefore does not mean that all is normal however that the economy is operating below its trend growth of output.
Normal 0 false false
Describe sunk cost? Is it relevant while evaluating a proposed capital budgeting project? Describe. A sunk cost is a cash flow which has already occurred, or that will take place, whether a project is accepted or discarded. It is irrelevant wh
Character of Expenditure: A classification recognizing the major purpose of expenditure, like State Operations, Local Assistance, Capital Outlay, or Unclassified.
Finance Letter (FL): The proposals made, by the Director of Finance to the chairpersons of the budget committees in each and every house, to amend the Budget Bill and the Governor's Budget from that presented on January 10 to reflect a revised plan of
Availability Period: The time period throughout which an appropriation might be encumbered (that is, committed for expenditure), generally specified by the law making the appropriation. When no particular time is given in financial legislation, the pe
Nongovernmental Cost Funds: For lawful basis purposes, employed to budget and account for revenues other than common and special taxes, licenses, and fees or some other state revenues.
i want to write final state report. My state is Texas.
Expenditure: The expenditures reported on a department’s annual financial reports and “past year” budget documents comprises of amounts paid and accruals (comprising encumbrances and payables) for obligations made for the fiscal year
18,76,764
1947960 Asked
3,689
Active Tutors
1450857
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!