The economic interests of the providers of financial information and the users of the information are the same, and this common interest creates the demand for an annual independent audit. This is a game statement.
What is audit?It should be noted that audit simply means the official inspection of an entity or a company. It's the financial inspection.
The goal of an audit is to determine if the financial report's contents, when taken as a whole, accurately portrays the organization's financial situation at a specific time.
In this case, the economic interests of the providers of financial information and the users of the information are not the same,
Therefore, it's false.
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multiple choice question sheldon company had owner investments of $1,000; net income during the period of $5,000; and owner withdrawals of $250. the ending balance in the owner's capital account is
The ending balance in the owner's capital account is $5,750
How to calculate the ending balance ?The parameters given in the question are
owner investment - $1000
net income- $5,000
owner's withdrawals- $250
The ending balance can be calculated as follows
= 1000 - 250
= 750
5,000 + 750
= 5,750
Hence the ending balance in the owner's capital account is $5,750
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the creation of new products and production methods that completely destroys the market positions of firms that are wedded to existing products and older ways of doing business is called .
Creative destruction is the creation of new products and production methods that completely destroy the market positions of firms wedded to existing products and older ways of doing business.
Creative destruction is the constant process and product innovation mechanism through which new production models replace obsolete ones. This restructuring process pervades the main features of macroeconomic performance, including lengthy growth and changes in the economy, structural adjustment, and factor market functioning.
Over time, the practice of creative destruction is responsible for more than half of all productivity growth. Restructuring typically decreases during recessions at business cycle frequency, adding a massive expense to downturns. Obstacles to the creative destruction process can have serious long- and short-term macroeconomic consequences.
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the demand curve that xyz corporation faces is identical to which of its other curves? check all that apply.
The demand curve that Vesoro faces is identical to which of its other curves? Check all that apply: Marginal revenue curve. Marginal cost curve
What is Marginal revenue?The increase in revenue that happens as a result of selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant above a certain level of output, it will eventually begin to decline as the output level rises due to the law of diminishing returns. According to economic theory, firms that are completely competitive keep on producing until marginal revenue and marginal cost are equal.
The incremental shift in profits brought on by the sale of one extra unit is referred to as marginal revenue.
A corporation can determine the revenue from each additional unit sold by performing a marginal revenue analysis.
Marginal revenue is sometimes represented graphically as a downward sloping line that depicts how a business typically has to lower its prices to get more sales.
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fiske roofing supplies' stock has a beta of 1.23, its required return is 11.75%, and the risk-free rate is 4.30%. what is the required rate of return on the market? (hint: first find the market risk premium.)
As per CAPM
expected return = risk-free rate + beta * (expected return on the market - risk-free rate)
11.75 = 4.3 + 1.23 * (Market return% - 4.3)
Market return% = 10.36.
A market is a system, institution, process, social relationship, or infrastructure configuration that parties exchange. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services (including labor) to buyers in exchange for money.
A market can be described as the process by which prices for goods and services are determined. Markets facilitate trade and enable the distribution and allocation of resources in society. Marketplaces allow the valuation and pricing of any tradeable item.
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true or false? to ensure that your sla is working properly, it’s important to create a judicial branch made up of your top sales leadership.\
FALSE - It's crucial to establish a judicial branch made up of your top sales leadership in order to make sure that your SLA is operating effectively.
Successful sales leaders are competitive, energetic, driven, passionate, communicative, inspiring, etc. Great sales leaders use these attributes and mix it with their understanding of the current sales scenario as they integrate new technologies for modern selling.
What is SLA?
A service-level agreement (SLA) outlines the amount of service you should anticipate from a vendor, the metrics used to measure service, and any penalties or remedies that may be imposed if the agreed-upon service standards are not fulfilled. Any contract with a technology vendor must include it.
Any outsourcing and technology vendor contract must include SLAs. An SLA not only outlines requirements for service kind and quality, but it also outlines remedies for noncompliance.
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a(n) blank market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.
A common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.
Why was the common market formed?Through the removal of the majority of trade barriers and the development of a unified external trade strategy, the EEC was created with the goal of establishing a common market among its members. In order to shield EEC farmers against agricultural imports, the treaty also called for the creation of a unified agricultural policy, which was implemented in 1962.
A free trade zone with a reasonably unrestricted circulation of goods and services is referred to as a common market. When it was a regional organization from 1958 to 1993, the European Economic Community was known as the "Common Market."
In a customs union, all or almost all of a country's imports, exports, and transiting commodities are subject to the same set of processes, regulations, and tariffs. Customs union participants typically have similar trade and competition laws.
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agatha helped her client rufus complete the form that documents rufus’s purchase offer to the seller for the property he'd like to buy. what is this form?
'Agatha helped her client Rufus complete the Sales Contract that documents Rufus's purchase offer to the seller for the property he'd like to buy.
A bill of sale, bill of sale, purchase order or bill of sale is a legal contract for the purchase of property by a buyer from a seller for an agreed monetary value. A decidedly ancient exchange practice now governed by statutory law in many common law jurisdictions.
A sales contract is an agreement between a buyer and a seller for the sale and delivery of goods, securities or other movable property. In the United States, domestic sales contracts are governed by the Uniform Commercial Code.
A bill of sale is a contract that sets out the terms of exchange between a buyer and a seller. Also called bill of sale, contract of sale, contract of sale, contract of sale, or bill of sale. A very common type of purchase agreement is the type used when buying a home.
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is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, both private and public.
ISO 9001:2008 is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, both private and public.
What is ISO 9001:2008 Quality management systems ?It aims to increase customer satisfaction through the effective application of the system, including processes for continuous system improvement and the assurance of conformity to customer and applicable statutory and regulatory requirements. The ISO 9001:2008 standard outlines the specifications for a quality management system where a company must prove its capacity to consistently deliver a product that complies with customer and relevant legal and regulatory criteria.
No matter the type, size, or type of product offered, all requirements of ISO 9001:2008 are generic and intended to be relevant to all enterprises.
Any ISO 9001:2008 requirement(s) that cannot be applied because of the nature of the business or the product might be excluded.
When exclusions are made, claims of conformity to ISO 9001:2008 are not acceptable unless they are restricted to Clause 7 requirements and do not affect the organization's capacity or obligation to deliver a product that complies with the needs of the customer and any applicable legal and regulatory requirements.
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Choose the answer.
Miguel is planning a teleconference that involves people from New York, Los Angeles (three hours behind New York), and Paris (six hours ahead of New York). He wants to avoid making anyone participate when people in that time zone are typically asleep. When is the best time for him to plan this teleconference using New York (Eastern) time?
Question 2 options:
6:00 a.m.
noon
4:00 p.m.
6:00 p.m.
Answer:
4:00 p.m or
by noon
Because it would be too early by 6:00am in the morning but by noon or 4:00pm everyone would have been ready by then.
strategic planning should be an annual exercise in which managers quickly review the previous plan, retain the majority of previous strategies, and make only a few changes going forward so they can more easily track the success of new marketing tactics.
The correct option is True.
An organization that is growing and hopes to sustain that growth needs a set of strategies to guide its program development, build a solid financial foundation, and prepare for challenges that lie ahead and that is having a strategic plan.
A good strategic plan should include goals and objectives, desired outcomes, metrics for measuring your progress, timelines, and .budgets.
This therefore confirms that strategic planning should be an annual exercise in which managers quickly review the previous plan, retain the majority of previous strategies, and make only a few changes going forward so they can more easily track the success of new marketing tactics.
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A student is ordering a flower arrangement. She can choose any combination of roses and carnations for her flower arrangement, and she does not want to spend more than $30. If roses cost $3 each and carnations cost $2 each, which inequality represents all possible combinations of x roses and y carnations?.
3x +2y≤ 30.is the correct answer of the given statement.
How do you represent an inequality?Draw a circle over the number to begin plotting an inequality, such as x>3, on a number line (e.g., 3). If the sign also says equal to (or), then complete the circle. The circle should not be filled in if the sign does not include equal to (> or ).
What is linear inequality meaning?A mathematical expression that compares two expressions using the inequality symbol is known as a linear inequality. The expression may be a numerical expression, an algebraic expression, or both.
What does mathematical expression mean?A mathematical expression is created when we successfully combine variables and numbers using operations like addition, subtraction, multiplication, division, exponentiation, and other as-yet-unlearned operations and functions.
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are important to business decision makers because they provide ways to settle conflicts between countries and resolve disagreements more easily than if one government worked directly with another.
Institutions are important to business decision-makers because they provide ways to settle conflicts between countries and resolve disagreements more easily than if one government worked directly with another.
Institutions are artificial structures of rules and norms that shape and constrain individual behavior. All definitions of institution generally imply some degree of permanence and continuity. Laws, rules, social customs, and norms are examples of institutions. Different institutions have varying degrees of formality and informality.
Institutions are major subjects of study in the social sciences, such as political science, anthropology, economics, and sociology (sociology was described by Emile Durkheim as "the science of institutions, their formation and function").
A primary or meta-institution is an institution such as family or money that is broad enough to include a group of related institutions. Institutions are also a central concern of law, the formal mechanism for the making and enforcement of political rules. Historians study and document the foundations, growth, decline, and development of institutions as part of their political, economic, and cultural histories.
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because many firms have seasonal and cyclical fluctuations in sales and production, a benefit of abc is that it provides better information to identify the cost of unused
Because many firms have seasonal and cyclical fluctuations in sales and production, a benefit of abc is that it provides better information to identify the cost of unused capacity and maintain a separate accounting for this cost.
What is cyclical fluctuations?Cyclical fluctuations refer to disturbances around the periodic pattern line or curve of a time-series data that last for extended periods of time. These variations are brought on by both investment fluctuations and shifts in client demand.
Plant capacity is periodically unused since many businesses have seasonal and cyclical fluctuations in sales and production, which shows that space is available within the transport system's operating conditions.
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The incomplete question is-
Because many firms have seasonal and cyclical fluctuations in sales and production, a benefit of ABC is that it provides better information to identify the cost of unused __________ and maintain a separate accounting for this cost.
taxpayers have a choice of deducting the standard deduction or their itemized deductions. therefore, blank agi deductions are considered to be beneficial to more taxpayers because:
Taxpayers can choose to itemize their deductions or take the standard deduction. Because they are available to all eligible taxpayers, not only those who itemize deductions, blank AGI deductions are consequently thought to benefit more taxpayers.
An expense known as an itemized deduction can be deducted from your adjusted gross income (AGI) in order to minimize your taxable income and, as a result, the amount of taxes you owe. These deductions enable those who qualify to pay less tax than they would have if they had chosen to claim the standard deduction, a set sum that fluctuates depending on filing status. Mortgage interest, donations to charities, and unreimbursed medical costs are examples of allowable itemized deductions, which may be subject to caps.
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ramirez__jayden
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suppose that a manufacturer can produce a part for $ with a fixed cost of $. alternately, the manufacturer could contract with a supplier in asia to purchase the part at a cost of $, which includes transportation. a. if the anticipated production volume is units, compute the total cost of manufacturing and the total cost of outsourcing. b. what is the best decision?
The total cost of manufacturing = Fixed cost + variable cost per unit * number of units produced
Where fixed cost = $5,000
Variable cost per unit = $10
Number of units produced = 1,200 units
Therefore,
Total cost of manufacturing = $5,000 + $10 * 1,200
= $5,000 + $12,000
= $17,000
The total cost of outsourcing = price per unit * number of units
= $12 *1,200
=$14,400
The best decision is outsourcing as the cost of outsourcing is lower than the cost of manufacturing for the same number of units.
The break-even volume is where the cost of manufacturing will be equal to the cost of outsourcing:
Means
Fixed cost + variable cost per unit * number of units produced = price per unit * number of units
Assume that the break-even volume is X units
Therefore
$5,000 + $10 * X = $12 *X
Or $12 X - $10 X = $5,000
Or X = $5000/$2 = 2,500 units
Therefore the break-even volume is 2,500 units.
If the company’s estimate is less than 2,500 units in that case outsourcing is more economical and if the company’s estimate is more than 2,500 units in that case manufacturing of parts is more economical.
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amber is your best friend's 19-year-old daughter. amber has a two-year-old child. you know that amber lived at home and was a full-time student until she quit college at the end of september of the tax year. your friend (amber's mom) gives you amber's tax documents and tells you to let amber claim herself and claim her child for earned income credit (eic). to meet the eic due diligence knowledge requirement, you:
Able to finish Amber's form and file her as a single, non-dependent taxpayer with an Earned Income Tax Credit (EITC) for her kid.
The requirements listed below must be met in order to qualify.
The youngster must possess a current social security number.The only person who should be claiming this child is Grace.Amber's child must pass the four examinations listed below.a) The kid must have resided with Amber in the United States for more than half of the year.
b) The youngster must be under the age of 19 or 24, if they are full-time students.
c) Grace's child shouldn't have filed a joint return, according to the Joint Return Test.
d) The kid should be a daughter, son, adopted child, stepchild, etc. Relationship test
Amber should have earned less than $40320 in adjusted gross income for the whole year because she only had one child.
If the aforementioned requirements are met, Amber's return can be filed, designating her as a single, non-dependent taxpayer with an Earned Income Tax Credit (EITC) for her kid.
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gre ets if germany’s total tax revenue in 2000 was approximately $170 billion, approximately what was the amount of the total retail gasoline sales in germany that year?
The amount of the full retail gasoline sales in Germany that yr:
The first factor out that fuel tax is 20.4 of a hundred and seventy billion, which means we do have around 34 billion. Now: within the first graph fuel sales were 70.7. This % 70.7 of 34 billion = around 50 billion. E is the answer.
Fuel is a mixture of many specific hydrogens- and carbon-containing chemicals (hydrocarbons). an average gasoline combination carries about one hundred fifty distinctive hydrocarbons, such as butane, pentane, isopentane, and the BTEX compounds (benzene, ethylbenzene, toluene, and xylenes).
Gas, also spelled gasolene, also known as gasoline or petrol, a combination of volatile, flammable liquid hydrocarbons derived from petroleum and used as gasoline for inner-combustion engines. it's also used as a solvent for oils and fats.
Etymology. "gas" is an American word that denotes gas for cars. The time period is an idea to have been stimulated by the trademark "Cazeline" or "Gasoline", named after the surname of British publisher, espresso service provider, and social campaigner John Cassell.
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last year, rosa spent $130,000 for merchandise she sold. she had net sales of $200,000 and expenses of $40,000. what is rosa’s net profit?
Last year, rosa spent $130,000 on merchandise she sold. she had net sales of $200,000 and expenses of $40,000', therefore rosa’s net profit is $30,000.
Merchandising is any practice that contributes to the sale of products to retail consumers. At the retail level, merchandising refers to the presentation of products that are sold in creative ways that induce customers to purchase more items or products.
Visual display merchandising in retail means using product design, selection, packaging, pricing, and presentation to sell products and encourage consumers to buy more.
To do. This includes disciplining and discounting the physical presentation of products and displays and deciding which products to present to which customers and when. In retail, creatively linking related products and accessories is often a great way to encourage consumer purchases.
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several major u.s. retailers have opened manufacturing plants overseas. these manufacturers represent which strategic option for entering into the international marketplace?
Direct ownership is the strategic option for entering into the international marketplace which the US retailers have used abroad.
What is meant by direct ownership in strategic options?This is the term that is used to tell us that a particular firm is owned by only one person or a single entity and that they have no partners in the market abroad.
This tells us that these United States companies that are abroad only have themselves as the ones operating the businesses. Hence we can say that Direct ownership is the strategic option for entering into the international marketplace which the US retailers have used abroad.
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What does it mean to have a strong work ethic?
A.
doing what is best for yourself
B.
doing the bare minimum that your boss requires
C.
being strong enough to lift heavy objects
D.
being willing to work until the job is done
Answer:
the correct answer is D.
push is that employees will be more efficient and have higher production output if they are trained to work in a specific way, and they receive feedback about how well they are doing their work.
Push is that employees will be more efficient and have higher production output if they are trained to work in a specific way, and they receive feedback about how well they are doing their work.
How important motivation is?Any workplace considers employee motivation to be essential because it results in better departmental and even corporate performance. In contrast to the other employees who are disengaged and have low motivation, only 13% of employees remain engaged and motivated at work.
Employee motivation is a key element in increasing worker productivity because motivated employees are more likely to perform their jobs to the best of their abilities with minimal effort, time, and resource waste.
Such motivation fills the gap between the ability to work and the desire to work by utilizing resources to their fullest and best potential.
An employee is motivated, more effective, and productive at work when they are willing to put in the effort.
Thus, push is all that an employee needs to perform well.
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Question: is that employees will be more efficient and have higher production output if they are trained to work in a specific way, and they receive feedback about how well they are doing their work.
a sales associate received an earnest money deposit at 9:00 am on saturday. the sales associate is required to deliver the deposit to the broker by the end of business on
The sales associate must deliver the deposit to the broker by the end of business on Tuesday.
A sales associate is someone hired to welcome customers on arrival at a retailer. they are to take care of clients' inquiries approximately their purchases and assist them to make the right purchases. Sales pals additionally assist with returns and refunds of products of jewelry, office supplies, and apparel sold at the outlets.
A sales associate works in a store to promote merchandise to clients. Like cashiers, they could paint to system clients' bills, however typically produce other obligations, like supporting clients to find products that shape their wishes or restocking shelves.
Sales pals are most typically found running for outlets that promote garb, rings, workplace materials, and wearing items. Alternative titles for this role are retail income companion, income ground associate, and retail shop clerk.
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of the two organizations created at bretton woods in 1944, which is considered the less controversial?
Out of the two organizations created at Bretton woods in 1944, the one that is considered the less controversial is World Bank.
What was Bretton Woods?The Bretton Woods System came about as a result of a meeting in 1944 called the Bretton Woods Agreement.
This agreement called for rules that would govern the financial relationships between the major nations of the world. It formed the World Bank and the International Monetary Fund with the World Bank being less controversial.
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atkins company collected $1,750 as payment for the amount owed by a customer from services provided the prior month on credit. how does this transaction affect the accounting equation for atkins?
The effect of the transaction by Atkins Company of collecting payment for an amount owed by a customer is One asset would increase $1,750 and a different asset would decrease $1,750, causing no effect.
How does an increase and decrease in assets affect the accounting equation?The fact that a customer owed Atkins Company means that the customer was an accounts receivable which is an asset account.
The cash that Atkins Company collected is also an asset. So, the transaction simply led to one asset(accounts receivable) being reduced and the other asset(cash) being increased. The amount is the same so there would be no effect.
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six major environmental forces have been identified as reshaping management. which three currently, in your judgment, have the greatest impact and why?
The three current environmental forces that have the greatest impact is technological force, demographic force, and socio-cultural forces.
What are environmental forces?The environmental forces are referred to as forces that affect the operations of any business by changing its growth and improvements in terms of revenue.
Six environmental factors include political, economic, social, technological, Legal, and environmental. Among these technological, socio-cultural, and demographic plays a crucial role as it helps to understand the demand of customers.
These forces change the demand for any product and affect the supply chain based on trends and preferences as well as the market approach of the customers.
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1d. how can gail make evidence-based decisions... how can gail make evidence-based decisions that support the company’s business goals?
Gail can make evidence-based decisions that support the company’s business goals by using workforce analytics.
Gail makes proof-based totally decisions by using the usage of workforce analytics. It is a scientific method to gather and examine the information from the Human resource database and make proof-primarily based selections that support commercial enterprise projects and dreams.
Workforce analytics is an advanced set of facts analysis tools and metrics for comprehensive personnel performance size and development. Staff analytics information can be implemented in a few fundamental classes: recruitment, retention, and skills management.
The “analytics” piece of the body of workers making plans and analytics refers to the process of figuring out, with records, whether or not you've got the right variety of humans, with the right talents, in each purposeful location based totally on your quick- and long-variety enterprise plans. group of workers analysts interpret, examine, read, and make guidelines that enhance a team of workers with a watch on decreasing overhead and increasing client pleasure and experience. They function as a primary point of touch for a group of workers' control policies and are issue-remember specialists on a team of workers' optimization steps.
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a building generates $103,000 in effective rental income and $900 in vending machine income. the same complex has $40,700 in operating expenses and $36,000 in debt service payments. what is the pre-tax cash flow of the complex?
The pre-tax cash flow of the complex is $27200.
How to calculate the pre tax cash flow?From the information, the building generates $103,000 in effective rental income and $900 in vending machine income.
The pre tax will be:
Rental income + Machine income - Expense - Debt service
= $103000 + $900 - $40700 - $36000
= $27200
Therefore the pre tax is $27200
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hui er hires a contractor to remodel her kitchen while she is gone on vacation. in spite of the contractor's promise to do high-quality work, she later discovers that he did not. hui er is experiencing a
Hui er hires a contractor -today to transform her kitchen at the same time as she is long past on vacation. despite the contract every day's promise daily does paintings, she later discovers that he did now not. hui er is experiencing a: the key phrases right here are "internal wiring illness." which is a manufacturing illness case.
A trendy contractor daily, major contractor daily, or daily contractor day-to-day is chargeable for the oversight of a production website, management of carriers and trades, and the verbal exchange of statistics day-to-day all worried parties during the course of a constructing undertaking.
A contract daily is someone who is hired every day to build something. As a contract every day at a building website online, it's far especially endorsed you preserve your hard hat on always.
A contractor daily is not a worker; as an alternative, they run their very own entity (such as a sole proprietor-to-dealership, limited liability employer, or constrained liability partnership) and are gotten smaller out with the aid of agencies' day-to-day work on precise initiatives or assignments. Their contract relationships may be short- or lengthy-term.
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In simple summary form, the calvin cycle requires an input of __________ for every product that is formed and the output product is __________, which is used for glucose synthesis.
Answer:
a. 3 CO₂
b. a three-carbon molecule