Business rules apply to businesses and government groups, but not to other types of organizations such as religious groups or research laboratories. this statement is false.
A business is defined as an organization or company engaged in commercial, industrial, or professional activities. A company can be either a commercial entity or a non-profit entity. Legal forms range from limited liability companies to sole proprietorships, corporations, and partnerships.
Companies first contribute to society by distributing goods and services essential to survival. In addition, it creates employment opportunities that help individuals earn an income that meets their needs within society. Business is made up of individuals working together to meet the needs of society and common goals. Examples of businesses include Coca-Cola and Walmart, as well as small private companies such as accounting firms and local grocery stores.
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What of these is an example of private funds used for construction of a new venue?
a. sales tax
b. tax increment funding
c. league contribution
d. general obligation and revenue bonds
An example of private funds used for construction of a new venue is option d. general obligation and revenue bonds.
What is Private Financing Sources for a new Facility?This can be gotten from:
Contractually Obligated Income: is known to be a kind of revenue source that a team gets under a contract. These revenue sources may be used as collateral that can be set for a loan.
Asset-Backed Securities: This is a method used in valuing any kind of asset, a business, or others in regards to a business by knowing what it would coast to remake the business or asset.
Therefore, An example of private funds used for construction of a new venue is option d. general obligation and revenue bonds.
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When individuals use all available information about an economic variable to make a decision, expectations are?
when individuals use all available information about an economic variable to make a decision, expectations are -rational
What is economic variable?
An economic variable is any measurement that helps to consider how an economy may function . for instance population, poverty rate, inflation, and available resources.
What are the five economic variables?
There are 5 common economic variable that are considered :
output, gross domestic product ( GDP ), production, income, and expenditures.
What factors cause economic growth?
Basically , there are two main cause of economic growth: growth in the size of the workforce and growth in the production activity (output per hour worked) of that workforce.
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Which type of life insurance policy is taken out by a creditor to cover the life of a debtor?
In some circumstances, such as those involving unemployment or disability or death, credit insurance is utilized to pay off outstanding obligations. Credit insurance shields the policyholder from the lender in the event that the borrower is unable to pay back the loan or other debt for any number of reasons.
A sort of life insurance coverage called credit life insurance is intended to settle a borrower's outstanding obligations in the event of the borrower's passing. As a loan is repaid over time, the face value of a credit life insurance policy declines proportionally with the balance until both approach zero.
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A path through a project network must reach every node. true false
A path through a project network must reach every node
This above statement is an Incorrect statement, therefore the correct option is False
What is Project Network?
A project network is a graph that displays the actions, lengths of time, and dependencies among your project's tasks. You should become familiar with network diagrams, often known as the project schedule network diagram, whether you're a project manager or a team member. A project network diagram is a crucial tool since it aids teams in visualizing the tasks that must be carried out throughout the course of a project. It also offers crucial context, such as task duration, order, and dependency. A project network (or project activity network) is a graphical representation that demonstrates the order in which the project's terminal pieces must be finished. It is quite similar to a flow chart. Each terminal element in the work breakdown structure indicates an activity related to a work package at the base level (WBS).
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The linked set of activities required to design, produce, and deliver products and provide aftermarket service to customers is called the:_____.
The linked set of activities required to design, produce, and deliver products and provide aftermarket service to customers is called the value chain
This is further explained below.
What is aftermarket service?Generally, For LM Products, aftermarket services often refer to the supply of spare parts, upkeep, and repair services.
After an original equipment manufacturer (OEM) sells a car to a customer, all vehicle parts, chemicals, equipment, and accessories are manufactured, remanufactured, distributed, retailed, and installed in the automotive aftermarket, which is the secondary market of the automotive industry.
In conclusion, The value chain refers to the interconnected series of operations that are necessary to develop, manufacture, and distribute goods as well as offer aftermarket care to clients.
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The price of a share of common stock is equal to the present value of all ______ future dividends.
The price of a share of common stock is equal to the present value of all expected future dividends.
The market price per share of stock, or the "share price," is the most recent price that a stock has traded for.
It is a function of market forces, occurring when the price a buyer is willing to pay for a stock meets the price a seller is willing to accept for a stock.
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What is the process that gives home buyers detailed information about the overall condition of a home?
What to expect from the actual buying home process, and practical advice to make your life easier when moving into a home, demystifying the process and helping you get the most out of this purchase.
Process to buy home?
Buying real estate can be difficult for beginners. After all, there are multiple standards, steps, and tasks, and you might fear you're making a costly mistake. Here's what to consider before you buy, what you can expect from the actual buying process, and advice on how to make life easier after buying your first home. We explain in detail, demystify the process, and help you get the most out of your purchase. The American ideal still includes property rights as a key element. Government programs, tax benefits if you are a first-time buyer and do not have the usual minimum down payment (ideally 20% of the purchase price of a traditional loan) or belong to certain groups measures, and government-backed loans. Even if you are not a beginner, you may qualify for the first purchase tax credit.
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Suppose the demand for pens increases and the supply for pens decreases. what effect will it have on the equilibrium price for pens?
As a result of the changes, equilibrium price would increase and there would be an indeterminate change in equilibrium quantity.
What is the effect of the changes?When the demand for pens increase it is as a result of changes in factors affecting demand other than the price of pens. When the demand for pens increase, the demand curve would shift to the right. When the demand curve shifts to the right, quantity would increase and price would increase.
When the supply for pens decrease, it is as a result of changes in factors affecting supply other than a decrease in the price of pens. For example, an increase in the cost of production would decrease the supply of pens.
When the supply for pens decrease, the supply curve would shift to the left. As a result of the shift, quantity would decrease and price would increase.
Taking these two changes together, equilibrium price would increase and there would be an indeterminate change in equilibrium quantity.
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if an individual only consumes goods x and y and is currently maximing her total benefits, which of the following must be true
if an individual only consumes goods x and y and is currently maximizing her total benefits, then all of the statements must be true.
The sum of marginal benefits is the total benefit. The net benefit a consumer receives from consuming a specific amount of a good is measured by consumer surplus. The Account Aggregate of all defined contribution plans within an Aggregation Group and the Cumulative Accrued Benefit of all defined benefit plans within an Aggregation Group is added to determine the Total Benefit. It can be conceptualized as the discrepancy between the consumer's willingness to pay and actual payment. The marginal benefit rule states that by selecting the quantity at which marginal benefit equals marginal cost, we can maximize the net benefit of any activity. The activity's net benefit is maximized at this amount.
Note that the full question is:
If an individual only consumes goods X and Y and is currently maximizing her total benefits, which of the following must be true?
-no other consumption choice can make total benefits greater
-the "equal bang for the buck" rule is adhered to
-the marginal benefits per dollar spent are the same for both goods
-MBx/Px=MBy/Py
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In a new margin account, a customer sells short 1,000 shares of xyz at $30 per share and deposits the required margin. if the stock subsequently falls to $25 per share, the equity in the account is?
The equity in the account is 20000.
Equity isn't taken into consideration as an asset or a liability on an enterprise's monetary statements. fairness is what you get when you subtract liabilities from assets. equity is meditated on an agency's stability sheet.
Fairness profits refer to income that is acquired through inventory dividends. A dividend is basically a reward paid to shareholders for or their investment in an organization, that is commonly paid from the corporation's internet income.
Equity is also referred to as internet really worth or capital and shareholders fairness. This fairness will become an asset as it's far something that a homeowner can borrow in opposition to if need be. you can calculate it by way of deducting all liabilities from the entire fee of an asset: (equity = assets – Liabilities).
The beginning equity is $15,000 (CR − SMV = EQ, or $45,000 − $30,000 = $15,000). If the market value falls to $25,000, equity is determined as $45,000 minus $25,000 equals $20,000.
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A decrease in the price of wheat will ______ the equilibrium price of and ______ the equilibrium quantity of .
A decrease in the price of wheat will decrease the equilibrium price of and increase the equilibrium quantity of In a competitive equilibrium, supply equals demand.
What is Equilibrium price?An equilibrium price is a harmony between request and supply factors. There is an inclination at costs to get back to this equilibrium.
Monetary equilibrium is a condition or state where financial powers are adjusted. Basically, monetary factors stay unaltered from their equilibrium values without any outer impacts.
Market equilibrium for this situation is a condition where a market price is laid out through contest to such an extent that how much labor and products looked for by purchasers is equivalent to how much labor and products created by merchants.
Therefore This price is many times called the cutthroat price or market clearing price.
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Samantha deposits $1,500, into the park street bank. the account pays 4.12 nnual interest, compounded daily. to the nearest cent, how much is in the account at the end of three non-leap years?
The correct answer is $1,551.255.
The below-mentioned formula may be used to determine the amount.
A = p x ( 1 + r) ^n
Where A = Amount
p = Principal
r = Rate
Explanation:P= $1500
r=1.12% or 0.0112 per year.
Daily interest rate = 0.0112/365
n = 365 days x 3 = 1095
A = 1500 x( 1 + 0.0112/365)^1095
A = $1500 x ( 1.00003068493)^1095
A = $1500 x 1.034170
A = $1,551.255
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Which accounting assumption or principle is being violated if a company provides financial reports only when it introduces a new product?
Going Concern accounting assumption or principle is being violated if a company provides financial reports only when it introduces a new product.
In accounting, a corporation is considered a going concern if it has the resources to operate indefinitely, unless it can prove otherwise. This phrase also describes a business's capacity to generate sufficient revenue to stay afloat or avert bankruptcy.
According to the Standard's definition of going concern, financial statements are prepared on a going concern basis until management has no realistic choice but to liquidate the firm, stop conducting business, or both.
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An operation has a build up of grease and condensation on the walls and ceiling. what is the most likely the problem?
The ventilation system is malfunctioning.
the required details about ventilation is mentioned below
A ventilation is what?
The mechanical system in a structure that introduces "fresh" outdoor air and exhausts "contaminated" internal air is known as ventilation.
Ventilation is utilized in the workplace to limit exposure to airborne contaminants. It is frequently used to eliminate impurities from the air, including as fumes, dust, and vapours, to create a safe and healthy working environment. Ventilation can be achieved naturally (by opening a window, for example) or artificially (e.g., fans or blowers).
Industrial systems are made to move a certain amount of air out (exhaust) and in (intake) at a certain pace (velocity), which eliminates unwanted impurities.
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Performing inquiry and analytical procedures is the primary basis for an accountant to issue a?
To issue the comparative financial statements review report (a.k.a. Review Report on Comparative F.S.) is the primary basis of accountant to perform inquiry and analytical procedures.
Performing the mentioned procedures is the primary basis for an accountant to issue:
Comparative financial statements review report.Report on the 2nd year of operations for a nonpublic entity.An examination of previous financial statements.Review of statements consists principally of inquiry and analytics. Audited important financial assistance programs.An assurance that prospective financial statement reviews will not be conducted.Also, keep in mind that using inquiry and analytical procedures is not actually necessary for management advisory services.
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What side of the manufacturing overhead account is applied manufacturing overhead entered on?
The side manufacturing overhead account that applied manufacturing overhead was entered on the credit side
This will be discussed in further detail below.
What exactly do we mean by "manufacturing overhead"?In most cases, the total of all the indirect expenses that are spent throughout the process of producing a product is referred to as the Manufacturing Overhead Cost (MOH).
Along with the expenses of direct materials and direct labor, it is included into the total cost of the finished product.
To sum everything up, The credit side of the manufacturing overhead account is the side where the applicable manufacturing overhead was entered.
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At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.
At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.22,000 debit.
When a corporation receives money earlier from earning it, the accounting may be a debit to the asset Cash for the quantity received and a credit to the liability account like Customer Advances or Unearned Revenues. samples of these accounts are the cash, assets, prepaid expenses, fixed assets (asset) account, wages (expense) and loss on sale of assets (loss) account.
Since the service was performed at the identical time because the cash was received, the revenue account Service Revenues is credited, thus increasing its account balance. Cash is an asset account hence it's increased by debiting it.
When a business receives cash, it's always recorded as a rise to cash and a decrease to an expense. a shot balance may balance but not be correct. Income statements accounts also are referred to as temporary accounts.
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In markov analysis, the likelihood that any system will change from one period to the next is revealed by the?
In Markov analysis, the likelihood that any system will change from one period to the next is revealed by the Matrix of transition probabilities.
What is the Matrix of transition probabilities?
In a Markov chain model, the transition probabilities between different states are arranged as a matrix (MCM). The behavior of the MCM in the far future is one of the important studies on the MCM.
The probabilities of changing from one state to another within a single time unit are provided by the state transition probability matrix of a Markov chain. The idea of extending this over longer time periods will be helpful.
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why the pattern of employment in a country may change over time？（essay question）
Answer:It would most likely change overtime because technology is being advanced.
Explanation:
What is the most significant employee relations issue to be considered when expanding the use of artificial intelligence?
The most significant employee relations issue to be considered when expanding the use of artificial intelligence is retraining of workers.
Retraining is the process of earning, refreshing, and developing skills in a workplace with the help of continuous learning and training programs. It is required on a regular bases to keep themselves updated, with the regular change in technology, rules, regulations and skill development.
The banking, healthcare, and finance industries have frequent retraining because of frequently changing laws and policies. These retraining helps the overall organization to grow together and helps them to reach their achievements. There for they plays an important part.
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What does the phrase ""no taxation without representation"" mean? is it still relevant today?.
The phrase taxation without representation represents a populace that is required to pay taxes to a government authority without including any say in that government's policies.
What is meant by Taxation?The loss of benefit as a result of a change in choice is another way to explain it. Taxes are levied on tangible property, including real estate and business dealings like stock sales or home purchases. Income, corporate, capital gains, property, inheritance, and sales taxes are among the different types of taxes.
There is still unrepresentative taxation in existence today. DC, Washington and U.S. territories are required to pay federal taxes despite not having elected representatives with voting powers to represent them in Congress (though the taxes that apply to those individuals vary depending on where they live). The expression was used in opposition to the imposition of tariffs on in-demand items. The colonists were further incensed by the lack of a voice in politics to protest taxes.
Hence, The phrase taxation without representation represents a populace that is required to pay taxes to a government authority without including any say in that government's policies.
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When inventory is sold, inventory cost methods (fifo, lifo, weighted average) are used to determine how much cost to assign to ______.
Inventory cost methods (fifo, lifo, and weighted average) are used to calculate a per-unit cost when inventory is sold.
Weighted Average Cost Method of Inventory Calculation
One of the three inventory cost flow assumptions used in inventory costing is the weighted average cost (AVCO) technique, often known as the AVCO method. The AVCO method is used to calculate the cost of inventory at the end of the year and the cost of goods sold (COGS) throughout the year, just like FIFO and LIFO. This method bases the cost of inventory on the weighted AVCO of the year's inventory acquisitions.
How costs migrate from the balance sheet's merchandise inventory to the income statement's COGS is determined by a cost flow assumption.
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What are the benefits to apple of outsourcing the assembly of the iphone to foreign countries, and particularly china? what are the potential costs and risks to apple?
Because labor costs and the cost of producing parts are low in China, Apple can produce iPhones at a substantially lower cost thanks to outsourcing. Phone usage will rise as a result of the lower phone prices.
What are the benefits of Apple outsourcing to China?Apple is most at home in China.
The main factor in Apple's choice to outsource its manufacturing to China is who can produce the most Apple goods in the quickest length of time. This also implied that China may continue to be versatile and quick to meet Apple's requirements.
Who benefits from Apple's decision to outsource assembly to China?The Chinese people themselves would be one group of recipients. Low-wage earners who might not otherwise have jobs now have them thanks to Apple.
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A leasehold estate conveyed to a tenant entitles the tenant to do all of the following except?
a. sell the property
b. enjoy the property
c. occupy the property
d. use the property
A leasehold estate conveyed to a tenant entitles the tenant to do all of the following except: a. sell the property.
What is leasehold estate?Leasehold estate is when a lessor who is the person that lease out a property decide to lease out the property to a lessee or a tenant in which the lessee now have access to the property.
A lessee does not have the right to sell the property that was lease to him/her but has the right to do the following:
Enjoy the propertyOccupy the propertyUse the propertyTherefore a leasehold estate conveyed to a tenant entitles the tenant to do all of the following except: a. sell the property.
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When an underlying policy doesn't cover a particular loss, the umbrella will drop down and cover the entire loss, after payment by the insured of a? a copayment b premium c commission
The umbrella will drop down and cover the entire loss, after payment by the insured of a Retention.
A retention is a sum paid by the insured before the insurer's duty to pay kicks in, much like a deductible.
How Umbrella Insurance Works?Although the likelihood that you will lose a case for a sum greater than what your current insurance will cover is remote, you run the risk of losing all of your money if it ever happens. The goal of umbrella insurance is to prevent you from ever experiencing that nightmare. We'll examine this additional liability coverage in more detail below, including how an umbrella policy functions, who needs one, how much it costs, and what it won't cover.
A type of personal liability insurance known as umbrella insurance covers claims that go over and beyond the limits of a typical homeowner's, auto, or watercraft policy.
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What is the amount of fringe benefits that should be included in linda and richard's gross income on their 2020 tax return?
$850 as a employers voucher is the amount of fringe benefits that should be included in linda and richard's gross income on their 2020 tax return.
What is Fringe Benefits ?
Fringe benefits are extras that businesses provide their employees on top of their salaries. Some firm fringe perks are provided to every employee, while others could be reserved for executives exclusively. Some perks are given to employees to cover expenses associated with their jobs, while others are focused on overall job satisfaction.
In any event, organizations use fringe benefits to aid in the attraction, encouragement, and retention of top talent.
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Policyholder j has a no-fault auto policy. upon being hit by a driver that ran a stop light, j suffers a broken leg. whose insurance company will pay for j's injury?
Policyholder has a no-fault auto policy. upon being hit by a driver that ran a stop light, j suffers a broken leg. No-fault insurance means that if you're injured in a car accident, your own car insurance coverage will pay some or all of your out-of-pocket .
What is a policyholder?The individual who owns the insurance policy is referred to as a policyholder (or policy holder). The only individual often able to alter the insurance is the policyholder. Additionally, it is the policyholder's responsibility to ensure that premium payments are current. Your contract may include a list of additional drivers in addition to the policyholder. Anyone covered to drive who is not the policyholder is considered an additional driver.
An auto insurance policy's policyholder is often the car's owner, but this isn't always the case. For instance, some businesses demand that the principal driver be the policyholder, whether or whether they own the vehicle. Even if you don't own a car, you are still able to purchase insurance.
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Which type of economic indicator is used by governments and policymakers to implement or alter policies in an effort to avoid or minimize the effects of an economic downturn?
The types of economic indicators used by governments and policy makers to implement or change policies in an effort to avoid or minimize the impact of an economic downturn are Leading indicator.
Leading indicators are indicators that provide direction regarding trends that will occur in the future. This indicator provides information about the occurrence of price changes. Leading indicators provide opportunities for greater profits, but are accompanied by high risks.
Leading indicators help market observers and policy makers to predict significant changes that will occur in the economy. Although not always accurate, leading indicators along with other data can help provide information about the state of the economy in the future.
Investors use leading indicators as a guide for their investment strategy to anticipate future market conditions. Meanwhile, policymakers use it when setting monetary policy. Companies or businesses use them to make strategic decisions to anticipate how economic conditions may affect markets and revenues.
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When a fire sale occurs? a. uncertainty is reduced. b. banks may become insolvent. c. financial frictions are low. d. adverse selection and moral hazard are reduced.
Banks might go bankrupt after a fire sale.
Selling items or assets at steep discounts is known as a fire sale. The term "fire sale" originally referred to the sale at a discount of items that had been burned down. A fire sale can be a chance for investors. These days, the term is more frequently used to describe any sale where the seller is in financial difficulty. For value investors, securities that are being sold at a steep discount may present an attractive risk-reward trade-off because the downside danger may be low and the upward potential is high. The decision to buy assets during a fire sale presents a problem for investors.
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The regular hours of operation of the nasdaq system are? i from 9:00 am et ii from 9:30 am et iii until 4:00 pm et iv until 6:30 pm et
9:30 a.m. to 4 p.m. is the standard trading time for the U.S. stock market, which includes the New York Stock Exchange (NYSE) and the Nasdaq Stock Market (Nasdaq), barring market holidays. Therefore, answers ii and iii are both correct.
The second-largest stock exchange in the world is the Nasdaq. The National Association of Securities Dealers Automatic Quotation System, or Nasdaq, was founded in 1971. The US-based exchange is the world's very first electronic stock market.
The Nasdaq is a dealer market with several market makers in competition with one another, whereas the NYSE is an auction market that employs experts (designated market makers).
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