A __ is a very broad in scope and is supported by a large and usually growing body of evidence

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Answer 1

A theory is a very broad in scope and is supported by a large and usually growing body of evidence.

Large volumes of data are explained by theories in science. A theory is distinct from a hypothesis since it has a much wider scope and is backed up by a lot more data. An assumption is. a comprehensive theory of explanation that is backed by a lot of data.

A testable hypothesis is a proposition made to account for certain facts. A theory has a wider scope and is a conceptual framework that aims to explain how occurrences are related and makes it possible to predict further links. A body of information produced by procedures based on observation is referred to as science.

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Related Questions

The practice of hypothesizing, testing, and validating to create a business model is called ______.

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The practice of hypothesizing, testing, and validating to create a business model is called B. evidence-based entrepreneurship.

What is evidence-based entrepreneurship?

This is by far the best method to engage in entrepreneurship because it calls for one to use evidence based methods to come up with a viable business model.

These evidence-based methods include things like hypothesizing, testing, and validating. This best helps the entrepreneur to find out which model works best for them.

Options for this question include:

a. scientific entrepreneurshipb. evidence-based entrepreneurshipc. business planningd. customer value planning

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Which annuity payout option usually results in the largest periodic payment?
a. unit refund annuity
b. joint and last survivor annuity
c. life annuity
d. life annuity-period certain

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The correct option is (c) life annuity.

The payout increases as the predicted annuity term decreases. The life annuity is the shortest predicted term because it only lasts for the duration of that person's life.

What is life annuity ?

A financial instrument known as a life annuity offers a predetermined periodic payout amount until the annuitant's death. Annuitants purchase a life annuity by paying premiums or a lump amount. In order to complement or provide for retirement income, life annuities are frequently employed.

A joint and last survivor annuity pays the surviving spouse when one person dies; a unit refund annuity gives a lump payment if a person dies early. A life annuity with period certain continues to pay for a set time period if the person dies early.

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According to ""scientific view of risk"" most risks are relative. What does this mean?.

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Any given risk should be weighed with other risks or lost benefits that can result from attempts to reduce the given risk.

What is risk?

Financially speaking, risk is the possibility that a result or investment won't provide the desired results or return. Risk involves the potential for losing all or a portion of the initial investment. Risk is often quantified by taking past actions and results into account. Standard deviation is a frequent statistic used to measure risk in finance. Overall, it is possible and smart to control investment risks by understanding the fundamentals of risk and how it is assessed. Standard deviation gives a measure of the volatility of asset values in contrast to their historical averages in a certain time frame.

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A firm has an inventory period of 94.2 days, an accounts payable period of 40.4 days, and an accounts receivable turnover rate of 17.6. what is the length of the cash cycle?

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The length of the cash conversion cycle is 74.54 days.

Given here, the accounts receivable turnover rate is 17.6.

First , we have to calculate the Days sales outstanding with the formula Days sales outstanding(DSO) = 365/Account receivable turnover

                                                 = 365/17.6

                                                 = 20.74days.

Now we have to calculate the cash conversion cycle, with the formula Cash conversion cycle= DSO + DIO - DPO (DSO=Days sales outstanding, DIO = days inventory outstanding, DPO= days payables outstanding) .                

                                                 = 20.74+94.2-40.4

          Cash conversion cycle = 74.54 Days.

The period (in days) it takes for a business to convert its investments in inventory and other resources into cash flows from sales is known as the cash conversion cycle (CCC). Cash Cycle, aims to quantify the length of time that each net input dollar spends in the production and sales cycle before it is turned into received cash. The CCC is one of a number of quantitative metrics that are used to assess how effectively a company's operations and management are conducted.

Rising CCC numbers should prompt more research and analysis based on other criteria, whereas declining or stable CCC values over several periods are a healthy sign. Keep in mind that the CCC only applies to certain industries that depend on inventory management and related activities.

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The contribution margin ratio is the:_____.
a. same as the variable cost ratio
b. same as the profit-volume ratio
c. portion of equity contributed by the stockholders
d. same as profit

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The contribution margin ratio is equal to its revenue less all variable costs, divided by its revenue.

What is  contribution margin ratio?

The contribution margin informs the business of the discrepancy between the product's cost of production and its selling price. The contribution margin ratio informs the business of the percentage of sales revenue that will be available to pay for fixed costs, such as office space.

In order to understand how sales, varying costs, and fixed costs all affect operating profit, contribution margin is useful. It offers business owners a means to determine how different sales volumes may impact profitability. It can be calculated at the unit or overall level and reported as a dollar amount or a percentage.

It can be used to quickly calculate the impact of a change in sales revenue on profitability and is utilised in target profit and break-even analyses.

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If a seller debits accounts receivable and credits revenue what must have occurred?

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For the seller to debit accounts receivable and credit revenue, it means sales revenue has been recognized

When is sales revenue recognized?

Sales revenue is recognized when the seller has perform the required obligation  such as delivery the requested goods or services not  when the payment for the goods or services has been received

The rule of double entry is such that an asset account receivables is to debited to recognize a claim to a future cash payment and revenue is credited there is an increase in sales revenue.

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The purposes of managerial accounting are to provide useful information to aid in?

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The purposes of managerial accounting are to provide useful information to aid in "calculating the costs of a company's goods and services, planning for future activities, and comparing actual to planned results."

What is managerial accounting?

Managerial accounting is the method of identifying, assessing, analyzing, analyzing, and communicating financial data to executives in order to help them achieve the goals of their organization.

Some key points regarding the managerial accounting are-

Managerial accounting differentiates from financial accounting in that its intended purpose is to assist users within the organization in making well-informed strategic decisions.Unlike financial accounting, managerial accounting techniques are not governed by accounting standards.The demonstration of managerial accounting information can be tailored to the needs of the end user.Managerial accounting includes many aspects of accounting, such as product costing, financial planning, forecasting, and financial analysis.Financial accounting, on the other hand, generates and disseminates formal financial statements for mass consumption that adhere to current accounting standards.

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One financial intermediary in our financial structure that helps to reduce the moral hazard from arising from the principal-agent problem is the.

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The venture capital firm is one financial intermediary in our financial system that aids in lowering the moral hazard that results from the principal-agent issue.

A form of private equity and financing offered by investors to start-up companies and small businesses with the potential for long-term growth is known as venture capital (VC). The majority of venture capital is often provided by wealthy individuals, investment banks, and other financial organizations.

However, it doesn't always take the shape of cash; it might also be in the form of technical or management expertise. Startups with exceptional growth potential or companies that have experienced rapid growth and appear to be in a strong position to continue growing frequently receive venture capital.

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Jill's salary in 2013 was $42,650. her salary in 2014 was $44,890. what was her percent?

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Jill's percentage increase in salary is 5.25 %.

The percentage is a  ratio expressed as a term of 100. Often represented by the percent sign percent. Latin expressions came to English in the 16th century. It was later abbreviated to percent. Ultimately the period was removed and the two parts were combined to produce the modern percent of his one-word form.

Percentages are part of whole numbers and are expressed as numbers from 0 to 100, not fractions. Everything is 100%, half of it is 50%, and nothing is 0%. To determine percentages, divide part of the whole by itself and multiply by 100. Percentages can be calculated by dividing the value by the total and multiplying the result by 100.

Jill's salary in 2013 = $42,650.

Jill's salary in 2014 = $44,890

Difference in salary =  $44,890 -  $42,650.

                                 = $ 2240

Let the percentage increase in her salary is X.

The percentage increase in her salary is $42,650 × X%

                    $42,650 × X%   = $ 2240

                        X =  ( $ 2240 / $42,650  ) × 100

                            = 5.25 %

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Many firms benefit from an increasing ability to outsource manufacturing or service functions to lower-cost foreign countries. this trend is referred to in the textbook as a(n) ________ trend.

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Many firms benefit from an increasing ability to outsource manufacturing or service functions to lower-cost foreign countries. This trend is referred to in the textbook as a(n) Business trend.

What is Business trend?

You may forecast where your existing business operations and practises will lead you with the aid of trend analysis, which enables you to comprehend how your company has fared. If you do it well, it will inspire you with suggestions for how you might alter your operations in order to steer your company in the right path.

A broad modification in the direction that business is going: The next wave of employment creation is unknown to economists in terms of the specific business trend.

Financial market trends, like those of the NASDAQ or the New York Stock Exchange, are frequently considered to be synonymous with the phrase "business trend." These patterns might also be connected to the performance of stock market indices like the Dow Jones Industrial Average or the Standard and Poor's 500.

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Richards billed patients for $12,000 of services rendered. the appropriate journal entry to record this transaction is::______

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The appropriate journal entry to record this transaction is Debit cash/ credit capital stock. Simply put, you debit an asset or expense account and credit accounts payable when you record a bill or invoice. You debit accounts payable and credit cash when you pay the invoice.

Accounts Payable vs. Accounts Receivable

Basically, accounts payable, or AP, is the sum of money that a company owes to suppliers or other creditors. Accounts receivable, usually known as AR, is the term used to describe unpaid invoices for goods or services that customers owe you money for. As a result, each transaction generates accounts payable and receivable for the buyer and the seller, respectively. Accounts payable, which represents money owing, is seen as a current obligation in accounting.

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What is the present value of an ordinary annuity of $500 a year for 6 years assuming an interest rate of 9%?.

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PV = $2,242.96

The present value of an ordinary annuity of $500 a year for 6 years assuming an interest rate of 9% is $2,242.96

What is the interest rate?

The fee that a lender assesses on a borrower is known as the interest rate, which is expressed as a percentage of the principal, or the loaned amount. Usually, the annual percentage rate (APR), which is how loans' interest rates are expressed, is noted (APR).

In its simplest form, interest is a charge imposed on the borrower for using a resource. Assets that have been lent include cash, goods, vehicles, and real estate. It is possible to think of higher interest rates as the "cost of money" because they make borrowing the same amount of money more expensive.

The majority of lending and borrowing transactions, therefore, involve interest rates. People take out loans to buy homes, finance initiatives, start or fund businesses, or cover college tuition. Businesses obtain loans to finance capital projects and grow their operations by acquiring long-term and fixed assets like real estate, buildings, and equipment. The repayment of borrowed funds can be made in one lump sum by a specific date or over the course of several payments.

Thus, $2,242.96 is the present value.

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A free market is a market with​ ________ government restrictions on how a good or service can be produced or sold and with​ ________ government restrictions on how a factor of production can be employed.

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'A free market is a market with​ few government restrictions on how a good or service can be produced or sold and with​ few government restrictions on how a factor of production can be employed.

In economics, the free market is an idealized cognitive model of an economic system in which the prices of goods and services are determined by the supply and demand of sellers and buyers. Such market as modeled works without intervention of government or other external agencies.

Economists define a free market as a market in which products are exchanged between willing buyers and sellers. Purchasing food at prices set by farmers is a good example of economic interaction. Paying an employee a monthly salary is another case where economic exchange takes place.

The opposite of a free market economy is a planned, controlled, or command economy. Governments control the means of production and the distribution of wealth, determine the prices of goods and services, and determine the wages received by workers.

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Read the excerpt from the crab that played with the sea. " before the high and far-off times, o my best beloved, came the time of the very beginnings; and that was in the days when the eldest magician was getting things ready. First he got the earth ready; then he got the sea ready; and then he told all the animals that they could come out and play. And the animals said, ‘o eldest magician, what shall we play at?’ and he said, ‘i will show you. He took the elephantâ€"all-the-elephant-there-wasâ€"and said, ‘play at being an elephant,’ and all-the-elephant-there-was played. He took the beaverâ€"all-the-beaver-there-wasâ€"and said, ‘play at being a beaver,’ and all-the beaver-there-was played. He took the cowâ€"all-the-cow-there-wasâ€"and said, ‘play at being a cow,’ and all-the-cow-there-was played. He took the turtleâ€"all-the-turtle-there-wasâ€"and said, ‘play at being a turtle,’ and all-the-turtle-there-was played. One by one he took all the beasts and birds and fishes and told them what to play at. Based on the details in the excerpt, what is its primary purpose? to inform to describe to persuade to entertain.

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This excerpt's main objective is to entertain.

In Rudyard Kipling's endearing tale "The Crab That Played with the Sea," a rebellious crab causes issues. The narrative portrays the universe's maker as a magician.

This passage is from the said story. A literary work's primary goal is often to entertain its audience. To put it another way, a fiction writer always strives to tell a good story that will keep the reader interested.

A writer may write for purposes other than amusement, such as persuasion; however, this was not Kipling's intent when he wrote "The Crab That Played with the Sea," which was primarily designed for the enjoyment of young readers.

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A free market is a market with​ ________ government restrictions on how a good or service can be produced or sold and with​ ________ government restrictions on how a factor of production can be employed.

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'A free market is a market with​ few government restrictions on how a good or service can be produced or sold and with​ few government restrictions on how a factor of production can be employed.

In economics, the free market is an idealized cognitive model of an economic system in which the prices of goods and services are determined by the supply and demand of sellers and buyers. Such market as modeled works without intervention of government or other external agencies.

Economists define a free market as a market in which products are exchanged between willing buyers and sellers. Purchasing food at prices set by farmers is a good example of economic interaction. Paying an employee a monthly salary is another case where economic exchange takes place.

The opposite of a free market economy is a planned, controlled, or command economy. Governments control the means of production and the distribution of wealth, determine the prices of goods and services, and determine the wages received by workers.

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A management function which compares organizational and individual performance with predetermined standards or expected results?

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The Expected result of a Management function is Evaluating (Controlling).

   What do managers evaluate in the controlling function?The concept of management involves controlling and guiding personnel and resources within the organization. It includes planning, making decisions, motivating, leading, and carrying out different functions to achieve goals and objectives efficiently and effectively. The functions of management are interconnected, and differentiation between them is highly subjective. Therefore, they are non-linear.The control function assesses whether goals were achieved and is often used to evaluate the performance of employees, departments, and the organization as a whole.The measurement of performance can be done in several ways, depending on the performance standards, including financial statements, sales reports, production results, customer satisfaction, and formal performance appraisals. Managers at all levels engage in the managerial function of controlling to some degree.Controlling involves ensuring that performance does not deviate from standards. Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary. Performance standards are often stated in monetary terms such as revenue, costs, or profits but may also be stated in other terms, such as units produced, number of defective products, or levels of quality or customer service.

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Suppose there are only two people in the world. Each person’s production possibilities frontier also represents his or her consumption possibilities when.

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Each person’s production possibilities frontier also conveys his or her consumption possibilities when they choose not to trade with one another.

What is consumption possibilities?

Customers can choose what they want to buy. Their financial situation and the cost of goods and services will influence their decision-making. Budget line displays different product combinations that can be bought using a certain amount of money and knowledge of the pricing of the products.

When people begin trading with one another, a feeling of competitiveness develops. One may occasionally do better than the other. If the two have business ties, competitiveness will become a terrible habit since one person may feel envious of the other's accomplishments. This breeds envy, which may breed even more animosity.

In the modern world, if there are two people and their respective production frontiers indicate their respective consuming potential solely in the absence of trade between them. The best course of action in this situation is self-reliance because trading with another person is useless. They can instead eat everything they create. Since there won't be a third party to make a decision, the complexity is further increased.

Hence,  Each person’s production possibilities frontier also conveys his or her consumption possibilities when they choose not to trade with one another.

The complete question is,

Suppose there are only two people in the world. Each person’s production possibilities frontier also represents his or her consumption possibilities when a. neither person faces trade-offs. b. the frontiers are straight lines. c. the frontiers are bowed out. d. they choose not to trade with one another.

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In the context of ascertaining the research purpose, the _____ holds that decision makers are aware of only 10 percent of the true business problem.

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'In the context of ascertaining the research purpose, the iceberg principle holds that decision makers are aware of only 10 percent of the true business problem.

The Iceberg theory, or abbreviated theory, is a style of writing proposed by the American writer Ernest Hemingway. As a young journalist, Hemingway had to focus his newspaper coverage on the immediate events, with little context or interpretation.

The psychological concept that man's innate desires are also hidden in the subconscious, just like he is 90% of the iceberg under the surface. These desires are usually not met by traditional marketing research and surveys, or by observing current patterns.

Dealing with problems at the event level is often not enough. In many cases the real cause is hidden. The Iceberg Model is a tool that allows you to shift your perspective and look beyond the immediate events that everyone is aware of. It helps clarify the cause behind the occurrence of these events.

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On november 21, civic company received $550 from customers in payment of their accounts. the journal entry to record this transaction would include:__________

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On november 21, civic company received $550 from customers in payment of their accounts. the journal entry to record this transaction would include a debit to supplies and a credit to accounts payable.

What is debit to supplies?

Credit-purchased goods from a supplier: The accounts payable account is credited and the supply expenditure account is debited. Cash-purchased inventory from a supplier: The cash account is credited and the inventory account is debited.

The materials must be expensed because they were used up during the period, necessitating the debit to the supplies cost account. Rather than being paid in cash, expenses are instead noted in diary entries.

Therefore,

On november 21, civic company received $550 from customers in payment of their accounts. the journal entry to record this transaction would include debit to supplies and a credit to accounts payable.

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What type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service? multiple choice question.

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The benefits type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service, such as clothing, appliances, toothpaste, or paper towels

This is further explained below.

What is segmentation?

Generally, Market segmentation is the process of separating a wide consumer or corporate market, which often consists of current customers and prospective customers, into sub-groups of consumers based on some form of common traits. This process takes place within the context of marketing.

A product is a thing that is put up for sale at a store. Both goods and services might fall under the category of "products." Forms other than physical, such as virtual or cyber, may also exist.

Every item has a price tag attached to it since its production has a cost. The price that may be charged is determined by the market, the quality, the marketing, and the target demographic of the product or service.

In conclusion, The sort of segmentation known as benefits classifies customers in accordance with the results they anticipate achieving as a result of using a certain product or service, such as apparel, home appliances, toothpaste, or paper towels.

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CQ

What type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service, such as clothing, appliances, toothpaste, or paper towels?

If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company (mark all that apply):

Answers

If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company Imitate the winning tactics of competitors.

What is sustainable competitive advantage?

A group of resources, traits, or skills that enable an organization to outperform its rivals in satisfying the needs of its customers are known as sustainable competitive advantages. Competitive advantages that last over time are challenging to imitate or replicate.

What do we excel at in our market? is answered by sustainable competitive advantages.

The solution generates a collection of 1-2 long-lasting, distinctive strengths that a customer values.

What you, your business, or your department do better than anyone else constitutes your competitive advantage. The term "sustainable" refers to your capacity to carry out those actions over an extended period of time. And yes, you can acquire advantages as well as have multiple advantages. You don't have to own them all right away, though.

Thus, following the winning strategies of competitors can surely be beneficial.

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department a uses 2,000 labor hours. department b uses 3,000 labor hours. calculate the allocation rate for allocating $20,000 total cost on labor hours.

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  The time it takes for the final amount to be $20,000 is 4 hours.

What is an equation?

 An equation is an expression that can be arithmetic or algebraic, which are related with an "=" sign that indicates equality of expressions.

    If apartment A uses $2000 per hour in labor and apartment B uses $3000 per hour, to arrive at a total amount of $20000, we formulate the following equation:

Final amount = hours (amount A + amount B)

hours = x, this is our hourly variable

20000 = x (2000 + 3000)

x = 20000 / (2000 + 3000)

x = 20000 / 5000

x = 4 hours

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Because the supply of capital is highly elastic, taxing the income from capital results in?

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Because the supply of capital is highly elastic, taxing the income from capital results in  i, ii, and iii

The elasticity of Supply: Price elasticity of supply gauges how responsively an item or service's supply responds to changes in its market price.

Because the supply of capital is highly elastic, taxing the income from capital results in  i, ii, and iii

Complete Question: Because the supply of capital is highly elastic, taxing the income from capital results in?

i. firms that demand capital paying the greater share of the tax.

ii. a decrease in the equilibrium quantity of capital.

iii. a deadweight loss.

A) i only

B) ii only

C) i and iii

D) ii and iii

E) i, ii, and iii

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Misrepresenting pertinent policy provisions relating to coverage after a loss is an?

Answers

Misrepresenting pertinent policy provisions relating to coverage after a loss is an unfair claim settlement practice.

Pertinent policies are those facts which tend to prove the allegations of the party offering them and those which have no such tendency are called impertinent.

When something is pertinent, it means it is significant. It will have an impact on the decision or the outcome.

Therefore, if the pertinent policy is misrepresented, it becomes an unfair claim settlement practice.

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Bill recently created his financial plan after much thought and decision-making. he implemented his plan, and so far the plan is working. what must bill do now?

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He needs to keep up with his financial strategy. He needs to keep reevaluating and amending his strategy.

What are financial strategies?

A financial strategy lays forth a specific plan for how you want to use your money.

It can cover everything from short-term objectives like saving money for a new computer in three years to long-term objectives like how much you'd need to save to retire at 65.

Additionally, it's critical to have a financial strategy because it may keep you on track and enable you to make wiser financial decisions.

For all organizations to be able to plan their financial future, financing plans are essential. You can work toward establishing definite goals and building a financially solid business organization with the help of a financing strategy. It takes into account your financial situation at the moment, your financial goals, and the most effective ways to reach those goals.

Thus, Financial planning is extremely important and should be done properly to maximize our wealth.

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A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is called?

Answers

Answer to the query is planning bill.

Planning bills are agencies of gadgets in a invoice of cloth format that mirror how an item is sold, as a substitute than how it is built. Planning bills enable you to account for the range of feasible picks and points that might be included as components in a saleable quit item.

What is planning in BOM?

A planning BoM, or planning Bill of Materials, is really a listing of the practicable wishes of a project. It is initiated in the early degrees of a venture even before the challenge has formally been approved.

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The civil rights act of 1964 applied to any businesses with more than ________ employees.

Answers

The civil rights act of 1964 applied to any business with more than 15 or more employees.

This is further explained below.

What is the civil rights act of 1964?

Generally, The United States passed significant civil rights and labor legislation in 1964 called the Civil Rights Act of 1964. This law made it illegal to discriminate on the basis of a person's race, color, religion, or national origin.

Title VII is a section of the Civil Rights Act of 1964 that makes it illegal to discriminate against a person in their place of employment on the basis of their race, color, religion, gender, national origin, or whether or not they are pregnant.

In conclusion, This provision of the law applies to virtually every employment scenario.

Employers with 15 or more workers are required to comply with Title VII, as a general rule.

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The difference between the entries to record depreciation on office equipment and depreciation on factory equipment is that one?

Answers

The difference between the entries to record depreciation on office equipment and depreciation on factory equipment is that one: debits Depreciation expense, while the other debits MOH

What is difference between depreciation of office equipment and factory equipment?

It should be noted that factory equipment is asset that is used in the factory, which means that its depreciation should be shown under the manufacturing overhead(MOH) even though does not reflect directly in the goods manufactured, needs to be incurred to in course of manufacturing.

However, for the depreciation on office equipment which is an administrative asset, the accumulated depreciation on office equipment is credited(a contra account in the balance sheet) such that the depreciation expense is debited in the income statement, in essence, one relates to production and the other to administration.

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A country with a trade surplus generally has a favorable balance of payments, which means?

Answers

Trade with foreign nations brings in more money for the nation than it expends.

Why is there a trade surplus?

A trade surplus is an economic indicator indicating a favorable trade balance where a nation's exports are more than its imports.

Total Value of Exports minus Total Value of Imports is the trade balance.

When the outcome of the computation above is positive, there is a trade surplus.. It takes place when the outcome of the aforementioned computation is negative and is the opposite of a trade surplus, which denotes a net inflow. The Bureau of Economic Analysis in the US publishes trade balances on a monthly basis.

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The sarbanesoxley act requires companies to have their internal audit procedures assessed at least :_______
a. monthly.
b. annually.
c. quarterly.
d. at any time they choose.

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Companies are required by the Sarbanes- Oxley Act to have their internal audit methods evaluated at least annually.

An independent, objective assurance and consulting activity meant to add," is what internal audit technique is. operations of an organization are valued and improved. It benefits a company. achieve its goals by applying a methodical, disciplined approach to. Analyze and boost the efficiency of risk control and management

The audit is thought to be a crucial step in fostering the market's much-needed trust. It aids in proving that there are no significant inaccuracies in the company's financial accounts and that there has been no fraud of any kind committed against the organization.

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