Solution-Why did south australia nearly become financially

Why did south australia nearly become financially bankrupt

Assignment Help Financial Accounting

Reference no: EM132976991

Problem 1: During its long history the Treasury Tunnels have been used for:

A.Safely storing gold in vaults

B. Housing equipment associated with lithographic processing for printing

C. Storing important state documents

D. All the above

Problem 2: Why did South Australia nearly become financially bankrupt in 1852?

A.Spanish influenza epidemic

B. Increases in the colony's labour and commodity prices saw significant migration of people to the eastern states

C. Exodus of around 1/3 of the male labour workforce and currency to the Victorian goldfields

D. British government demands on Treasury

Problem 3: Which of the following government financial decisions was the least influential in attempting address stopping the outflow of labour and currency?

A. Establish a reward scheme for finding gold in South Australia

B. Urgently pass the government Bullion Act of 1952

C. Establish an assay office and smelting facilities for the gold in Adelaide

D. Set the gold price considerably higher than the Eastern Colonies thus providing an incentive to send gold back to South Australia for assaying

Reference no: EM132976991

Questions Cloud

What is the dollar value of its receivables : The 60-day forward rate is $1.2300/£. If Blossom sells its pounds receivable at the forward rate, what is the dollar value of its receivables

How were the new states funded : On 1 January 1901, the colonies collectively became states of the Commonwealth of Australia. How were the new states funded?

Explain the Canadian Auditing Standards : Explain the Canadian Auditing Standards (CAS 610) requirements that the external auditors must follow to "evaluate the internal audit function"

Prepare journal entries to record the issue of debentures : Merle Ltd issued a prospectus on 1 June 2021 inviting applications for 5,000 debentures of face amount $1,000, Prepare journal entries to record the issue

Why did south australia nearly become financially bankrupt : Which of the government financial decisions was the least influential in attempting address stopping the outflow of labour and currency?

What is the rate of return on capital before tax : Problem - A manufacturing plant buys a tool machine for 120,000 monetary units. What is the rate of return on capital before tax

Which was not function of former adelaide treasury building : Which was NOT a function of former Adelaide Treasury Building between 1870 and 1968? When was the first stage of the former Adelaide Treasury Building built?

Which is not a key role of the federal treasury today : Which is NOT a key role of the Federal Treasury today? Works with treasuries of the state and territory governments on key policy areas

Prepare a general journal entry to record the payroll : 2. Prepare a General Journal entry to record the employer's payroll expenses resulting from the January 13 payroll

User Account

All Pages

Why did south australia nearly become financially bankrupt

Reference no: EM132976991

Reference no: EM132976991

Questions Cloud

Reviews

Write a Review

Financial Accounting Questions & Answers

Financial statement analysis and preparation

Shareholder of a company

Financial and accounting principles

Prepare a statement of cash flow using the direct method

Financial accounting assignment

Prepare general journal entries for goela

Principles of financial accounting

Prepare general journal entries to record the transactions

Global reporting initiative

Explain the iasb conceptual frameworks

Determine the company''s financial statements

Computation of free cash flow

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT