A tax imposed by a government on goods entering at its borders is most accurately termed as customs duty. It is a tax imposed on imports and exports of goods.
What is Custom Duty?The charge levied on products as they are carried across international boundaries is referred to as a customs duty. It is, in the simplest words, the tax imposed on commodities that are imported and exported. This obligation is used by the government to increase income, protect domestic industries, and control the flow of commodities.
The place of manufacture and the material used to make the goods affect the customs duty rate.
The Customs Act of 1962 defines custom duty in India, and the Central Board of Excise & Customs oversees all aspects pertaining to it (CBEC).
The government's estimated customs income for the fiscal years 2020–21 was Rs 1,38,000 crore.
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A borrower who makes a $1,000 loan for one year and earns interest in the amount of $75, earns what nominal interest rate and what real interest rate if inflation is two percent?.
Interest rates are important to economists because they not only inform us about things like how much we could earn if we deposited our money in a bank or what the opportunity cost of keeping cash on hand is, but they also have a significant impact on international capital flows, monetary policy, inflation control, and how much future money will be worth today.
The reported interest rate on a loan is known as the nominal interest rate. This is the real loan payment that you would make.
Real Interest Rate = Nominal Interest Rate – Inflation Rate
The interest rate that has been modified by subtracting the impact of inflation from the nominal interest rate is referred to as the "real interest rate." In other words, it is essentially the borrower's true cost of debt or the lender's actual yield. Divide one plus the nominal interest rate by one plus the inflation rate for the relevant period to get the formula for real interest rate.
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Activity-based costing is most suited to manufacturing processes that are labor intensive. this statement is?
Activity-based costing is most suited to manufacturing processes that are labor-intensive. This statement is false.
What is the meaning of activity-based costing?The ABC method, also known as activity-based costing, divides direct and indirect costs, such as salaries and utilities, among goods and services. The ABC system of cost accounting is built on the concept of activities, which are characterized as any event, undertaking, or task with a particular goal.
The purpose of activity-based costing is to allocate certain resources to objects. Assigning indirect costs to things that are difficult to identify and assign using activity-based costing is very beneficial. The more accurate cost of product overhead is the main benefit.
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The organizational foundation sets the ________ of organizations, the organization direction sets the ________, and organizational strategies are concerned with the ________.
The why of an organization is determined by its foundation, the what is determined by its direction, and the how is determined by its strategy.
An organization is a group of individuals engaged in the pursuit of specific goals. All formal human ties make up its social structure, which can be understood. Workload allocation among employees and task alignment with regard to the organization's main objective are both aspects of the organization.
What three types of organizations are there?
The majority of firms today use one of three types of organizational structures: functional, departmental, or matrix. Before choosing which of these forms to use for their firm, owners must weigh the benefits and drawbacks of each.
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When developing logistics strategy, a(n) ___________ strategy refers to the management of logistics activities with a focus on costs.
The correct option is (b) process.
When developing a logistics strategy, a process strategy refers to the management of logistics activities with a focus on costs.
What is process strategy?The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgment calls, management referrals, and in certain situations human involvement altogether.
The four process strategies are mass customization, repetition focus, process focus, and product focus. Process emphasis is about specialization, whereas product focus is about mass output.
How do you create a process strategy?Steps in the strategic planning process
Choose your strategic stance. The basis for all subsequent work is laid during this preparation stage.Set goals in order of importance.Create a plan.Manage and carry out the plan.Examine and update the plan.To know more about strategy making, visit: https://brainly.com/question/14310801
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The complete question is:
“When developing logistics strategy, a ____ strategy refers to the management of logistics activities with a focus on costs.
a. market
b. process
c. command and control
d. information”
The hawthorne studies, which showed that there is a dynamic social system in the workplace, took place in the 1960s. true false
The correct answer is False. The Hawthorne investigations, which demonstrated that the workplace has a dynamic social system, were conducted in the 1960s.
Work relevance and autonomy are two of the five ideal criteria of a job design outlined by Hackman and Oldham. Giving employees more responsibility and variety in their work is a strategy for motivating them.
Giving employees work with more responsibility and autonomy is a part of job enrichment. By allowing an individual to make decisions without seeking management approval, responsibility can also hasten the working process.
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If you agree to cooperate with another broker because it's best for your client, it's assumed that ______.
It is believed that any commission sharing will be negotiated and is not a necessity of collaboration if you choose to work with another broker since it is best for your client.
A broker is a person or business that stands between a potential investor and a securities exchange. Individual traders and investors require the services of exchange members since securities exchanges only accept orders from people or companies who are members of that exchange.
Brokers offer that service and are paid in a variety of methods, including commissions, fees, or payments from the exchange itself.
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Suppose there is an increase in the price of wood. We would expect the supply curve for pencils to.
Answer:
The supply curve (S0) for pencils shifts to the left since the price of wood increases, the price of graphite increases, and the price of rubber increases this will cause a leftward shift in the supply curve for pencils
Explanation:
Suppose your marginal benefit of your first cup of coffee is $4, of your second is $3, and of your third is $2. if the price of coffee is $3, how many cups of coffee will you buy?
The price a customer is willing to pay to acquire an additional unit is referred to as the marginal benefit (each individual area). As a result, total benefit equals sum of marginal benefits. 2 cups
So, the correct answer is 2cup.
Marginal Benefit
Two indicators of how a product's price or value fluctuates are marginal benefit and marginal cost. While marginal cost has an influence on the producer, marginal benefit has an impact on the consumer. When creating, determining a product's price, and marketing it, businesses must take into account both ideas. A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit. With rising spending, the consumer's contentment tends to decline. The cost that is affected when a further unit of a good or service is produced is known as the marginal cost. Using an additional unit of an item or service results in a minor but quantifiable benefit for the consumer. As a consumer chooses to consume more of a single commodity, the marginal benefit typically decreases. Consider a consumer who buys a ring for her right hand. She spends $100 on the ideal accessory. She would not want to spend an additional $100 on a second ring because she does not need two rings. She might, however, be persuaded to spend $50 on that additional ring. For this consumer, the first ring's marginal benefit is $100 and the second ring's marginal benefit is $50.
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When calculating the present value of multiple cash flows using a spreadsheet, you must:________
The current worth of an anticipated future stream of cash flow is known as the present value, or PV. Using Microsoft Excel, present value may be estimated rather rapidly.
Most of the time, rather than simply one cash flow, a financial analyst must determine the net present value of a group of cash flows. The net present value, or NPV, returns the cash flows' net value in today's currency.
The future value FV is divided by a factor of 1 + I for each interval between the present date and the future date in the present value formula, PV=FV/(1+i)n. For the PV calculation, enter the following data into the present value calculator: The FV, or future value.
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Routine purchases may only require ______ information search, whereas one-time high expense purchases require more ______ information search time.
Routine purchases may only require internal information search, whereas one-time high expense purchases require more external information search time.
What is Routine purchases?The routine purchases are one that people make to seek for little decision-making, however this purchases are made with “programmed behavior.
Hence , Routine purchases may only require internal information search, whereas one-time high expense purchases require more external information search time.
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During the year, a company had $100,000 in revenues, $40,000 in expenses, and paid $3,000 in dividends. the net of these items caused total stockholders' equity to ______.
The net of these items caused total stockholders' equity to increase by 57,000
100,000-40,000-3000= 57000
Revenues - expenses - dividends paid = stockholders equity
100,000-40,000-3000= 57000
The amount of assets still accessible to shareholders after all obligations have been satisfied is known as shareholders' equity, sometimes known as shareholders' or owners' equity. It can be computed as the sum of a company's share capital and retained earnings less treasury shares or alternatively as the firm's total assets less total liabilities. Common stock, paid-in capital, retained earnings, and treasury stock are all examples of stockholders' equity.
Conceptually, stockholders' equity can be used to evaluate the funds kept within a company. If this number is negative, it can be a sign that the company is about to file for bankruptcy, especially if there is also a sizable debt obligation.
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What is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy?
200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.
LIGHT YEAR: The distance that light travels in one year is said to be a light year. At 186,000 miles (300,000 kilometers) per second and 5.88 trillion miles (9.46 trillion kilometers) per year, light travels through interstellar space.
200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.
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To say that government intervenes in the economy to promote equality is to say that government is aiming to.
To say that government intervenes in the economy to promote equality is to say that government is aiming to create a more fair distribution of income.
What does Income Distribution means?In financial matters, income distribution covers how a nation's all out Gross domestic product is conveyed among its populace.
Monetary hypothesis and financial strategy have long considered income and its distribution to be a focal concern. Inconsistent distribution of income causes financial imbalance which is a worry in practically all nations all over the planet.
The idea of imbalance is particular from that of neediness and reasonableness. Income imbalance measurements (or income distribution measurements) are utilized by friendly researchers to gauge the distribution of income.
Therefore Income distribution among the members in a specific economy, like that of a particular nation or of the world overall.
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When structuring the __________ section, it can be beneficial to use headings or bullets to delineate each suggested action.
It can be helpful to use headings or bullets to separate out each suggested action when arranging the options section.
What do you mean by grammatical structuring?The simple sentence, the compound sentence, the complex sentence, and the compound-complex sentence are the four fundamental forms of sentence constructions in conventional grammar. Subject-Verb-Object is the most frequent word order in English sentences (SVO). The subject, predicate, and occasionally direct or indirect objects of a sentence are put together according to sentence structure. The principles for sentence construction are straightforward but unbending. These include the requirements that each sentence contain a subject, predicate, and object (in that sequence).
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Cdss allow the purchaser to buy protection from what type of risk? .
a) correlation risk
b) deficit risk
c) conservation risk
d) credit risk
Cdss allow the purchaser to buy protection from a credit risk (option d).
What is a CDS?CDS is an abbreviation for credit default swap. A credit default swap is a swap that is used to transfer the credit risk of a fixed income investment. The CDS is an agreement where the holder of the fixed income investment is compensated if there is default or any other credit event.
Credit risk is the risk that a borrower would fail to meet the contractual obligations associated with the loan. Bonds issued by the government have little or no credit risk. Bond ratings indicate the credit risk of an investment.
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The amount of money that people need to afford food, housing, and other basic products is the:____.
The amount of money that people need to afford food, housing, and other basic products is the: Cost of living
What Is the Cost of Living?
The cost of living is the bulk of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a some place and time interval . The cost of living is often used to compare how expensive it is to live in one city in compare another. The cost of living is tied to wages.
How is the cost of living calculated?
Simply sum up all of your monthly fixed expenditures, like rent or a mortgage payment, and your variable expenses, such as groceries and gas costs. Also factor in occasional but unplanned purchases, such as new tires. The remaining amount, thinking you aren't going to debt every month, is your cost of living.
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Answer: The poverty line
Explanation:
When pizza company sells three $100 gift cards at the beginning of the month, it should record a debit to ______ and credit to ______ for $300.
As pizza company sells three $100 gift cards at the beginning of the month, it should record a debit to Cash and credit to Deferred Revenue for $300.
What is a Cash account?In accounting, the cash account may refer to a ledger in which all cash transactions are recorded. These cash account includes both the cash receipts journal and the cash payment journal.
What is a Deferred Revenue?In accounting, the deferred revenue is a record of income received for a product or service that has yet to be delivered. It is also an unearned revenue that happens when a customer prepays a company for something.
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One of the disadvantages of personal selling is the high cost to maintain good salespeople. how can companies reduce the cost but still maintain that personal touch?
Companies can reduce the cost but still maintain that personal touch deploys supplementary strategies for potential clients, such as telephone marketing, and mailings, including fee-less numbers.
Who is a salesperson?A salesperson can be defined as a person who helps in selling a product or a service. They help in creating new customers or convincing the already and customers to take the service.
A company can employ various tricks with much less cost and efficiency like:
Telephone callingEmailing the personTelling them through social mediatoll-free callingLearn more about the salesperson, here:
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When a monopolist practices price discrimination, compared with a single-price monopolist, deadweight loss will:_________
a. remain the same.
b. increase.
c. decrease.
d. increase initially and then r
When a monopolist practices price discrimination, compared to a single-price monopolist, dead weight loss will: A. remain the same
OPTION A is correct.
What is monopolist ?
By tracking changes within the prices consumers pay over time for a selection of goods and services, the buyer Price Indicator (CPI) is a popular index for measuring inflation.
The eight main categories of those products and services are: alcoholic drinks, food and beverages, clothing, transportation, clothing, health care, recreation, education, and communication.
By comparing the worth of this fixed basket of consumer goods and services in one time to their prices in prior periods, the buyer price index is determined. Therefore, increases within the CPI roughly mirror changes in the cost of living in the United States. As a result, the CPI may be a key economic indicator for spotting times of inflation (or deflation) in the United States.
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The fixed assets turnover ratio of gd products is 13.6 and that of its competitor, ap goods inc., is 6.0. what does this financial data primarily imply?
In comparison to its rival, AP Goods Inc., GD Products Inc.'s receivables turnover is 13.6 compared to 6.0. This financial information primarily suggests that GD Products collects receivables more quickly than AP Goods.
Financial data is information about a person's or an organization's financial transactions. Both creditors and lenders utilize this data to determine the credit risk.
What makes financial information crucial?
Financial reports are crucial. They are a valuable source of knowledge regarding a company's operations and financial standing.
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If the load is increased, the strain will also ___________. decrease not change increase resist change
If the load is increased, the strain will also increase.
What is load in stress and strain?
The stress – strain curve is derived from the tensile test. Near the elastic region of the graph the deformation formed is direct proportional with the load. Dividing the load by the cross-section area keeping it constant and the deformation by the original length (constant) takes to a graphical representation .
Is strain a load?
Strain is a unit less measure of how exactly an object becomes bigger or smaller from an applied load. Normal strain happens when the elongation of an object is in contact to a normal stress.
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One way that the world bank might experience an adverse selection in its own lending is if __________.
Adverse selection describes situations when high-risk persons are more likely to receive insurance or when one bargaining side has important knowledge that the other does not. Our goal is to influence decision-makers, both inside and outside of government, to consider the future and adopt long-term plans.
When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. Thus, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.
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When the market price of a good increases, the amount that sellers are willing to offer for sale increases. True or false?.
When the market value of a good increases, the quantity that sellers are willing to offer for sale increases. This statement is true .
Elaborate:
Prices that are raised normally cause reduced demand while people who are raised typically cause higher supply.Although the impact on the equilibrium quantity can't be determined, an increase in demand and a decrease in supply will result in an increase in the equilibrium price.
Consumers now place a better value on goods, and producers must charge a better price to offer the goods; as a result, prices will rise for all quantities.
What is market price?
The market value is the current price at which a good or service can be purchased or sold. The market value of an asset or service is determined by the forces of supply and demand; the price at which quantity supplied equals quantity demanded is the market price.
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The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as ____ law. multiple choice question.
The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as contract law.
What is contract law?Contract law can be defined as a set of law that governs oral and written agreements between two or more parties with respect to the buying and selling of goods, services, debt, loans, property, etc.
What is a contract?A contract can be defined as a formally written agreement between two or more parties such as a group of people, team, etc., which primarily gives rise to a mutual legal obligation that is enforceable by law across specific jurisdiction in the world.
The types of contract.Generally speaking, there are different types of contract in business and these include the following:
Fixed-price contractCost-plus contractBilateral contractImplied contractUnilateral contractAdhesion contractUnconscionable contractOption contractExpress contractExecutory contractRead more on a contract law here: https://brainly.com/question/28180355
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If you plan to become a film editor, you should probably purchase ___ since it is most commonly used in the film industry.
If you plan to become a film editor, you should probably purchase a Macintosh computer since it is most commonly used in the film industry.
The Macintosh or Mac computer is a family of personal computers which is manufactured, designed, and sold by Apple Inc. since 1984. So the Macintosh computer is a desktop computer by Apple that comes in a variety of form factors and designs in the market.
A film editor should probably purchase the Macintosh computer, as it might be a better option video editing overall. As they come equipped with built in tools which make it easier to manipulate images and videos without having to install additional software.
Hence, Macintosh computers are some of the best options out there for film editors currently.
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Do the auditing standards set by the pcaob apply to audits of nonpublic companies? explain.
The auditing standards set by the PCAOB do not apply to audits of nonpublic companies this is because non private companies' auditors keep tp or adhere to ASB guidance.
Do PCAOB standards apply to private companies?Auditors of public companies are those that are mandated to follow standards set by the PCAOB, while those of private companies' auditors are known to be one that adhere to ASB guidance.
The PCAOB board is one that state that the professional auditing standards that are the ones that registered auditing firms need to use. These standards are said to be used in the act of monitor accounting firms.
Therefore, based on the above, The auditing standards set by the PCAOB do not apply to audits of nonpublic companies this is because non private companies' auditors keep tp or adhere to ASB guidance.
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How is the operations management function related to activities in human resources, information systems, and accounting?
links the operations management function with the financial, information systems, and human resources divisions.
Operations management (OM) and human resources management (HRM) have traditionally been very different fields. The main areas of communication between operations managers and human resource managers are, in fact, administrative issues with payroll and other challenges. In academia, several research communities on the two subjects, mostly from various disciplinary backgrounds, disseminate their findings in various collections of papers. However, operations and human resources are inextricably linked at a fundamental level. Human resource operations including pay, training, staffing, and communications frequently have an explanation or a way to restrict their effects. Variations or abnormalities would normally be interpreted by conventional procedures as randomness or error variance;
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What word best describes how miss hepzibah pyncheon feels about serving her first customer?
Distressed sums up Miss Hepzibah Pyncheon's feelings toward servicing her first client the best.
What is Distressed?Being very stressed out or having trouble.
How could Miss Hepzibah Pyncheon not be impatient and curious?She could not have been interested since she was not wondering anything, and she could not have been eager because she was not waiting for anything or anyone.
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The fact that snow-blowers tend to sell better in the north than in the south illustrates the importance of considering __________ in marketing planning.
The fact that snow-blowers tend to sell better in the north than in the south illustrates the importance of considering climate in marketing planning.
Why should marketing consider climate?The climatic conditions of a place influences the types of purchases that people will make in some areas. For instance, you won't make a lot of money selling sweaters in the Sahara desert.
This is the same with snow-blowers. There is much more snow in the North than in the South so it will sell more there. One should therefore consider climate when engaging in marketing planning.
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Drag each manager behavior to the corresponding way that organizations fail to foster high ethical standards. no items may be used more than once.
We can actually deduce here that dragging each manager behavior to the corresponding way that organizations fail to foster high ethical standards, we have the following:
1. Managers do not set an ethical example. - Because executives looked the other way when suppliers used banned substances in their products, employees feel justified in dumping pollutants down the drain.
2. The company does not create an ethical hiring culture. - Recruiters look for "ruthless moneymakers" in their sales personnel, and soon customers begin complaining about dishonest sales pitches.
3. The company does not set a code of ethics and provide ethical training. - Employees are confused about which behaviors are acceptable in the office, leading to complaints about harassment and offensive jokes.
4. The company does not reward ethical behavior. - An employee reports being overpaid in her quarterly sales bonus but is not acknowledged for her honesty. The next time, she decides not to report the mistake.
What are ethical standards?Ethical standards are actually known to be principles or standards that are setup by organisations and firms in order to promote good behavior, trust and fairness.
Ethical standards are also setup in order to guide and govern the behaviors of people in the workplace.
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