Adjusting entries are journal entries used in accounting and accounting to assign income and expenditure to the period in which they actually occurred. They are often made at the end of an accounting period.
This is a True Statement
What are the 5 adjusting entries?
Accrued revenues, accrued expenses, unearned revenues, prepaid expenses, and depreciationThese are the five categories that make up Adjustments entries.
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Problems associated with using expatriate employees include: _____.
The problems associated with using expatriate employees include the following:
Failure to effectively manage the return of expatriates, ultimately reducing the organization's return on investment.Early turnover.High costs to the organization that sends its employees overseas as expatriates.Who is an employee?An employee can be defined as an individual who is statutorily employed by an employer of labor in a business firm, so as to perform specific tasks, duties or functions on a daily basis for a certain agreed fee (salary), that is usually paid at the end of the month.
Who is an expatriate?An expatriate can be defined as a person who has citizenship in one country such as Germany, but lives and works for a business organization (company) in a foreign country such as Ghana.
Consequently, the problems that are associated with using expatriate employees include the following:
The failure to effectively manage the return of expatriates, which would ultimately reduce the organization's return on investment (ROI).Early or quick turnover.High costs of sending employees overseas as expatriates.Read more on expatriates here: https://brainly.com/question/28168470
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Complete Question:
Problems associated with using expatriate employees include: (select all that apply)
increased bribery payments to partnering nations.
failure to effectively manage the return of expatriates, ultimately reducing the organization's return on investment.
early turnover.
high costs to the organization that sends its employees overseas as expatriates.
If a producer is advertising a life insurance policy, the producer must disclose the?
If the Commissioner adopts a term life insurance monetary value index, all term life insurance marketing and policies for people 55 and older must mention it.
The programme is classified as a Form provided by the insurance provider, often completed by the agent and the medical examiner (if applicable) based on data from the applicant. It is signed by the applicant and, if approved, becomes a component of the insurance policy.
Advertising becomes important in business, the life insurance policy is better for everyone. He must disclose all the material facts as required by the company.
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If a solution contains equal amounts of hydronium ions and hydroxide ions, then it is:_______
If a solution contains equal amounts of hydronium ions and hydroxide ions, then it is neutral
What is Neutral?
Salts that have no charge and display neither acidic nor alkaline properties. having no charge in terms of physics. (of an atom, molecule, group of particles, fluid, or solid) not electrified; electroneutral; lacking any net charge.
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If your tax bill is $200 and your taxable income is $2,000, then your average tax rate is _____ percent.
The average tax rate is 10
How to calculate the tax rate ?Tax rate can be described as percentage at which and individual or an organisation is being taxed monthly or annually by the government.
The tax bill is $200
Taxable income is $2,000
Therefore the average tax rate can be calculated as follows
= 2,000/200
= 10
Hence the tax rate is 10
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What type of virus is used to lock a user's system, or cloud accounts until the system's owner complies by paying the attacker a monetary fee?
Ransomware is the type of virus is used to lock a user's system, or cloud accounts until the system's owner complies by paying the attacker a monetary fee.
Ransomware is a subset of malware in which the data on a victim's computer is locked typically by encryption and payment is demanded before the ransomed data is decrypted and access is returned to the victim after the payment is made.
The motive for ransomware attacks is usually monetary, and unlike other types of attacks, the victim is usually notified that an exploit has occurred and is given instructions for how to recover from the attack.
Payment is often demanded in a virtual currency, such as bitcoin, so that the cybercriminal's identity is not known.
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Dexter loses his breach-of-contract case against micheletta in a georgia state trial court. dexter appeals to the state court of appeals. losing again, he files his next appeal with:________
Dexter is unsuccessful in proving Micheletta's breach of contract in a Georgia state trial court. To the state court of appeals, Dexter files an appeal. After yet another defeat, he submits his next appeal to the Georgia Supreme Court.
Breach of Contract: There has been a legally binding contract breach when one of the stipulated terms and conditions has been violated. Any infraction, from a late payment to a more significant one like failing to deliver a promised asset, is a breach. This is known as a contract violation.
Dexter loses his breach-of-contract case against Micheletta in a Georgia state trial court. dexter appeals to the state court of appeals. losing again, he files his next appeal with Georgia Supreme Court.
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What is the minimum number of years that bob must remain a member of the adla so that the lifetime membership is cheaper (on a present value basis) than paying $550 in annual membership dues?
15 years the minimum number of years that bob must remain a member of the adla so that the lifetime membership is cheaper (on a present value basis) than paying $550 in annual membership dues.
What is membership?Member Information refers to any information about a member of a domestic credit union that is kept in any format, including share, deposit, loan, or other account balances. assigned the privileges of membership in an organization. Individual or collective membership in a group. Some memberships charge a fee to join or take part, while others don't. Membership programs promote increased sales of goods and services, higher customer retention rates, predictable revenue streams, improved referrals, and proper resource allocation for the business. Every company offers goods and services that can be bundled into a membership scheme.
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Which type of lender is a member-based cooperative that provides credit for auto loans and home loans, takes deposits, and offers savings vehicles and money markets?
The credit union is a member-based cooperative that offers savings accounts, money markets, and credit for housing and auto loans. It also accepts deposits.
The credit union is a member-based cooperative that provides credit for home and auto loans, money markets, and savings accounts. Deposits are also accepted.
A credit union is a specific type of financial cooperative that provides traditional banking services. For the benefit of its employees and members, significant corporations, organizations, and other institutions might establish credit unions. They can be modest, volunteer-only operations or huge, nationwide organizations with thousands of people. Institutions created, owned, and operated by their members are credit unions. They have tax-exempt status as a result and are not-for-profit entities. Initially, a credit union could only accept members who shared a "similar tie," such as those who belonged to the same profession, worked for the same company, or lived in the same area
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On june 1, pizza company paid $100 for advertisements to be run on june 1. pizza company's entry to record this payment will include a $100 ______.
On june 1, pizza company paid $100 for advertisements to be run on june 1. pizza company's entry to record this payment will include a $100 Credit to cash and debit to advertising.
In double-entry accounting, debits and credits are entries made in account ledgers to record value changes brought on by company transactions. Each transaction transfers money from credited accounts to debited accounts. A debit entry in an account reflects a transfer of value to that account, and a credit entry represents a transfer out of that account.
In order to distinguish between debits and credits, an account book's transfer amounts are typically written in different columns. Alternatively, they can be written in a single column with the suffix "Dr" for debits or just writing them plain, and "Cr" for credits or a minus sign. Despite the minus sign, positive and negative numbers are not directly correlated with debits and credits.
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Explain the basic assumption of economics with respect to rational self-interest. Describe two detailed real-life examples applying the assumption.
When making economic decisions, economists make assumptions in order to better understand how consumers' and businesses' behaviour.
To assist explain how an economy works and how to maximise growth, income, and employment, there are numerous economic theories.
However, preferences—that is, what companies and customers like to have or prefer to avoid—are central to many ideas. Additionally, the assumptions frequently concern the resources that are or are not readily available to meet the demands and preferences. The decisions that individuals involved in an economy make are significantly influenced by the availability or scarcity of resources.
Learn the rationale behind economists' assumptions and how they affect economic models.
When making economic decisions, economists make assumptions in order to better understand how consumers' and businesses' or economic behaviour.
Economists They use assumptions in order to build a model that they can control because they are unable to isolate certain factors in the real world.
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At&t, verizon, and t-mobile serve more than 95 percent of the subscribers in the u.s. wireless mobile phone market. which form of competition characterizes this market?
More than 95% of customers in the US wireless mobile phone market are served by AT&T, Verizon, and T-Mobile. This market is characterized by oligopolistic rivalry.
How large is the market for cell phones?
In 2021, the market for smartphones was estimated to be worth USD 457.18 billion. A 7.3% CAGR is predicted for the market throughout the forecast period as it increases from USD 484.81 billion in 2022 to USD 792.51 billion in 2029.
The market for smartphones is it expanding?
Since 2008, the smartphone market has been continuously expanding and increasing in size as well as in terms of the variety of models and providers. In 2022, it is anticipated that there will be 1.43 billion smartphones shipped globally. 78.05% of people on the planet will have smartphones by the year 2020.
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Who, or what, is responsible for molding an organization's hr philosophy at every level of the organization?
Organization top management is generally and actually responsible for molding an organization's HR philosophy at every level of the organization during a certain period of the time.
What is an Organization?An organization, or organization see spelling contrasts), is an element like an organization, an establishment, or an affiliation involving one or more individuals and having a specific reason.
A half breed organization is a body that works in both the public sector and the confidential sector all the while, satisfying public obligations and creating business market exercises An intentional affiliation is an organization comprising of workers.
Such organizations might have the option to work without legitimate formalities, contingent upon ward, including informal clubs or coordinating bodies considering an objective which they might communicate as a pronouncement, statement of purpose, or in an informal way reflected in what they do in light of the fact that recall each activity done by an organization both lawful and unlawful mirrors an objective as a main priority.
Therefore The investigation of organizations remembers a concentration for enhancing organizational design.
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Which economic goal is being described when talking about the ability to decide what to do with your own money?
Having the flexibility to make financial decisions for yourself is referred to as economic freedom.
The economic world has been involved in a significant intellectual dispute for well over a century. Philosophers and economists who support a free market and private property-based economic system, or what one may refer to as economic freedom, have taken one side in this argument. Personal choice, voluntary exchange, market competition freedom, and protection of people and property are essential components of economic freedom. Economic freedom is compatible with institutions and rules that permit voluntary commerce and safeguard people and their property.
By establishing a legal framework and an effective law enforcement system that safeguard owners' property rights and fairly uphold contracts, governments can encourage economic freedom.
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Personal papers are documentary materials of a private or nonpublic character that do not relate to, or have an effect on, the conduct of agency business. True or false?.
It is true that personal papers are official records with a private or nonpublic nature that have no bearing on how an agency conducts business.
Documentary materials used solely for personal purposes are referred to as personal papers. They consist of the following types of content:
Documents produced prior to joining the government service: files from prior employment, political materials, and reference filesPrivate documents created, received, or brought into the office include family and personal correspondence, records of work-related, extracurricular, or political activity, book and article manuscripts, drafts, and volunteer and community service records.Learn more about personal document https://brainly.com/question/4119391
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Windswept, incorporated, has 520 million shares of stock outstanding. its price-earnings ratio for 2021 is 20. what is the market price per share of stock?
$31.61 has been determined as the market price per share.
There are 570 million shares outstanding in this case. Additionally, the 2010 net income or earnings were $1,201.
The formula for EPS is (Net income - Preferred stock dividends) / the number of outstanding shares.
= ($1,201,000,000 - $0,000,000) / 570,000,000
= $2.11
Additionally, the market price per share divided by earnings per share gives the price-earnings ratio (15)
The market price per share is as a result:
= 15 times the price per share
= 15 x $2.11
= $31.61
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Gerry is submitting an application for a sales associate license for the first time. she will need to pay the initial application fees and ____ fee to the dbpr.
In a situation where Gerry is submitting an application for a sales associate license for the first time, she will need to pay the initial application fees and unlicensed activity fee to the DBPR.
What is the significance of application fee?An application fee can be referred to or considered as the fee that is charged to an applicant at the time of making a request for the grant of a license or a document of any kind as such.
In case of payment of application fee for the obtainment of associate license, it is also an obligation for the applicant for the unlicensed activity fee along with the application fee.
Therefore, the significance regarding an application fee has been aforementioned.
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The federal legislation that replaces nclb, and articulates broad national goals and serves to guide much of federal educational funding is?
The federal legislation that replaces NCLB articulates broad national goals, and serves to guide much of federal educational funding is ESSA
What is ESSA?President Lyndon B. Johnson signed the Elementary and Secondary Education Act into law in 1965. (ESEA). Johnson's War on Poverty was renewed in December 2015 as part of the Every Student Succeeds Act, which enjoyed significant bipartisan support (ESSA). Equal access to education and closing opportunity gaps are two issues that ESSA prioritizes above all others since they begin before children enter the K–12 system.
The nation's comprehensive K–12 education laws, which recognize the value of early childhood education (ECE) in ensuring kids are ready for kindergarten and do not fall behind later in life, for the first time incorporate early learning across the law.
This includes the Preschool Development Grant Birth through Five program (PDG B-5)—the first-ever funding source specifically designated for early childhood education—which offers states competitive grants to enhance ECE coordination, quality, and access.
Even though the No Child Left Behind Act of 2001, the predecessor to ESSA, permitted investments in early learning, ESSA significantly increases the importance of early learning in the law by encouraging service coordination among communities, encouraging greater alignment with the early elementary grades, and increasing ECE knowledge and capacity among teachers, leaders, and other staff members who work with young children.
Thus, ESSA is doing a great job and this has increased the literacy rate too.
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As firms attempt to maintain a competitive advantage, taking care of the customer is the:_______
As firms attempt to maintain a competitive advantage, taking care of the customer is the first law of business. Thus the correct option is B.
What is a Customer?A customer is referred to as an individual who purchases any product he may or may not be the consumer. A consumer is referred to as an end user of any product who utilizes it for self-use.
Customer is referred to as a Key element of any business that decides its success, maintaining customer satisfaction is appear as a competitive advantage to the business.
So, satisfying the customers and their needs is considered the first rule of business.
Therefore, option B is appropriate.
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the incomplete question is -
As organizations strive to obtain a competitive advantage, taking care of the customer is the__________.
a.Golden Marketing Rule
b.first law of business
c.Employee Rule
d.synergy focus
e.Profit-Generating Code
Identify a modern-day element of the promotional mix that marketers use to communicate with their target markets.
a modern-day element of the promotional mix that marketers use to communicate with their target markets is Direct marketing.
What is meant by direct marketing?Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods. Because it typically cuts out the middlemen, such as advertising media, direct marketing is known as such.
Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing.
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A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by _____.
A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by $100,000
This is further explained below.
What is a balance sheet?Generally, A balance sheet is a snapshot of an individual's personal or organization's financial balances.
It does not matter if the person or company is a sole proprietor, the main contract, a corporate entity, a limited liability company, or another type of organization such as an authority or otherwise entity; a balance sheet will contain this information.
In conclusion, According to a pro forma balance statement, the total assets will grow by $300,000. If there is to be no change in the debt-equity ratio of 0.5, then the debt level must rise by $100,000.
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A clothing company that offers a special line of maternity clothing for women to wear specifically during pregnancy engages in which form of segmentation? multiple choice question.
A clothing company that offers a special line of maternity clothing for women to wear specifically during pregnancy engages in occasion as a form of segmentation
What is occasion segmentation?
Occasion segmentation is a tailored-made form of behavioral segmentation by which segments are devised based on the time the product or service is needed or purchased by the consumer.
In this case, the maternity clothing is specifically required during pregnancy, which means that any non-pregnant woman is not targeted, which means that the occasion in this case is period of pregnancy and may be by extension during child's labor, since the clothing cannot be worn thereafter, in essence, the occasion of child birth brought an opportunity a tailor-made clothing would attract would-be mothers and increase the bottom-line of the clothing company
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Full question:
A clothing company that offers a special line of maternity clothing for women to wear specifically during pregnancy engages in which form of segmentation? multiple choice question
a. psychographic b. age and life-cycle c. occasion d. demographic e. income
An indicator of project success within an organization is the strength of the ______ to support the project management structure.
An indicator of project success within an organization is the strength of the Organization Culture to support the project management structure.
The value of culture to your businessAll facets of your company are impacted by organizational culture, from contract terms and employee perks to timeliness and tone. Your employees are more likely to feel at ease, supported, and valued when your workplace culture matches their preferences. Companies that place a great emphasis on culture are better able to withstand challenging times and changes in the business environment.
When it comes to luring people and exceeding the competition, culture is a crucial edge. Nearly half of workers would quit their current position for a lower-paying position at a business with a superior culture, and 77 percent of job seekers think about a company's culture before applying.
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A sale on account would be recorded by:________
a. debiting revenue.
b. crediting assets.
c. crediting liabilities.
d. debiting assets.
A sale on account would be recorded by: Debiting revenue.
A sale is the sale of goods or services or a discount. An example of a sale is the sale of a new home. An example of a sale is a 50% discount on all jeans in a store. If your store is on sale, your items will temporarily be priced lower than normal. The store can say that the product is "on-sale". " The word sales comes from the Old English sala of Germanic origin.
Sales play a key role in building loyalty and trust between customers and companies. Trust. And loyalty is the main reason customers recommend your company to friends, and family, or write great reviews of your products and services online.
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Ceo khosrowshahi believes that uber employees should act like owners and share power with managers. Which theorist would most strongly agree with this approach?.
As CEO of Uber, Dara Khosrowshahi oversees the company's quickly expanding operations in 63 nations while also managing a team of more than 22,000 people worldwide.
Dara previously served as CEO of Expedia, which he helped develop into one of the biggest online travel agencies in the world. Dara is an experienced leader with a background in both finance and engineering. She led many acquisitions that strengthened Expedia's portfolio and made significant investments in mobile, which currently makes up more than half of Expedia's traffic. He was also well-liked by Expedia's staff and recognized as one of the CEOs with the highest ratings on Glassdoor. After working as the Chief Financial Officer of IAC Travel, a branch of IAC, which bought Expedia in 2002 and spun it off in 2005, Dara was appointed to Expedia CEO. He also had a significant role in the growth of IAC's portfolio of travel-related companies.
We live locally while we grow internationally. Every day, we use the strength and scope of our international operations to forge strong bonds with the cities, neighborhoods, drivers, and riders we serve.
Customers are our obsession. We put in a lot of effort to gain the trust and business of our clients by resolving their issues, increasing their profits, or reducing their expenses. We delight and amaze them. We make short-term concessions in exchange for enduring allegiance.
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Metadata describe the data characteristics and the set of relationships that links the data found within the database.
a. true
b. false
True. The "Data about Data" database, which is used to integrate and manage end-user data, contains a set of relationships between the data that are described by metadata.
What is metadata?Metadata is defined as "data about data" or "data that describes other data." In technological circles, the prefix "meta" usually refers to "an underlying definition or description." Metadata facilitates locating and dealing with data by enabling the user to sort or locate particular documents.
Author, creation, and modification dates, as well as file size, are some instances of basic metadata. Unstructured data like pictures, videos, web pages, spreadsheets, etc. are also utilized with metadata. Meta tags are a common way for web pages to contain info.
Meta tags for keywords and descriptions are frequently used to describe the content on a web page. This information can be used by search engines to better comprehend a page's content.
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Financial statements are typically prepared before completing the adjusted trial balance. True or false?.
The statement "Financial statements are typically prepared before completing the adjusted trial balance" is false
What is an adjusted trial balance?
An adjusted trial balance details all general ledger account balances after any adjustments have been accounted for. The adjustments, in this case, would normally include those for prepaid and accrued expenses, as well as non-cash expenses like depreciation or amortization.
Note that the fully adjusted trial balance is required to prepare the financial statements, since the closing entries are also integral part of the financial statements, as a result, the financial statements are prepared after the adjusted trial balance has been completed.
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Robert and charles are highline college graduates and they start an online covid-19 support business called support for all of us. the business is operated as a partnership. under partnership law:_____.
Partnership law in business is lawed by the Partnership Act,1932.
What exactly does partnership law mean?The National Conference of Commissioners on Uniform State Laws suggested the Uniform Partnership Act, which includes amendments that are sometimes referred to as the Revised Uniform Partnership Act, for the management of business partnerships by U.S. States. The relationship between people who have decided to split the earnings from a firm that is operated by all of them acting for all of them is known as a "partnership." According to the definition given above, a partnership is made up of the following 5 components: (1) a contract; (2) between two or more individuals; (3) who agree to carry on a business; (4) with the intention of splitting profits; and (5) the business must be operated by all of them acting jointly.
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Which type of natural disaster has been the most expensive in terms of insurance losses?
Hurricane has been the most expensive in terms of insurance losses.
Hurricane Katrina struck US fifteen years ago, causing considerable casualties and destructive harm. Hurricane Katrina remains an important turning point for reinsurance. It is the costliest natural disaster for the world to date and the insurance business.
The insurance and reinsurance industries were significantly impacted by Hurricane Katrina. It is believed that Katrina caused economic losses of more than USD 160 billion. Private insurance providers paid USD (2005) 41 billion on 1.7 million claims (2020 USD) for property damage to homes, businesses, and automobiles in the US. Additionally, insurers paid an additional USD 8 billion for damage to Gulf of Mexico offshore energy infrastructure. These losses, together with losses to the Federal Reserve of USD 16.3 billion from publicly insured National Flood Insurance Program of the Emergency Management Agency (FEMA NFIP),
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If overapplied overhead is closed out to cost of goods sold, the cost of goods sold account will be ______.
If overapplied overhead is closed out to cost of goods sold, the cost of goods sold account will be decreased.
Manufacturing overhead that has a credit balance is overapplied, overstating the cost of items supplied as a result.
Underapplied overhead is the reverse of overapplied overhead. When costs are actually lower than what a corporation budgets for, overapplied overhead is the result. A corporation achieves a lower level of overhead expenses during the accounting period and comes in under budget.
The correct accounting procedure is to debit the manufacturing overhead cost pool and credit the cost of goods sold in the amount of the overapplication where overhead has been applied incorrectly. This has the effect of charging the true amount of overhead through the cost of goods sold.
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Which one of the worst natural disasters in history is associated with international trade?
The plague is one of the worst natural disasters in history and is associated with international trade.
Fleas primarily spread the deadly bacterial infection plague. Small rodents, which are most prevalent in Africa's rural and semi-rural areas, are home to the plague-causing Yersinia pestis organism.
Both the number of plague victims and the severity of the disease have decreased. However, it is still a problem in several regions of the world where there are numerous domestic or wild rodent populations that harbor fleas and occasionally transmit them to people.
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