Question 1 (0.2 points)
Tempo Corp was dealing with an upset customer who had ordered a sofa bed and
was expecting it to arrive on the day before the customer was to have company over
for a visit. The sofa bed did not arrive until three days after the company had left
and the customer was upset since they paid extra to have the sofa bed delivered
early. The sales department stated that the request for early delivery was placed and
the shipping department did not notice the request before sending the item out for
shipment. The organization failed to:

1) Determine the hierarchy of authority
2) Coordinated effort
3) Divide the tasks and specialize
4) Centralize the decision making

Answers

Answer 1

Answer:

2

Explanation:

Question 1 (0.2 points)

Tempo Corp was dealing with an upset customer who had ordered a sofa bed and was expecting it to arrive on the day before the customer was to have company over for a visit. The sofa bed did not arrive until three days after the company had left and the customer was upset since they paid extra to have the sofa bed delivered early.  The sales department stated that the request for early delivery was placed and the shipping department did not notice the request before sending the item out for

shipment.

The organization failed to:

1) Determine the hierarchy of authority

2) Coordinated effort

3) Divide the tasks and specialize

4) Centralize the decision making

Because the company was uncoordinated and didn't put enough effort (and wasn't paying attention), the sofa was shipped late.

Answer 2

The organization failed to Coordinated efforts. Therefore option B is correct.

What are Coordinated efforts?

An institution's departments are all interconnected and dependent on one another. Consider a scenario in which you created a plan and assigned tasks to the managers of your various departments (such as marketing, production, sales, and finance), but it turns out that the tasks are incompatible. They are not interested in cooperating.

And you eventually discover that your idea was a complete failure. When you operate without good coordination, this is what happens.

The process of integrating all of an organization's elements—including its people, finances, resources, activities, machines, business divisions, departments, etc.—so that their combined efforts best achieve the established goals or objectives is known as coordination. It synchronizes everyone in the organization so that their behaviors are consistent.

Hence, The organization failed to Coordinated efforts.

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Related Questions

Implementing the strengthening families approach into your ECE program requires

Answers

Parental resiliency, social ties, tangible support in times of need, understanding of parenting and child development, and social and emotional competency in children are necessary for implementing the strengthening families approach into your ECE program.

The foundation of effective family-centered practice is working with families and young people. Caseworkers must be adept at communicating with children, teenagers, and families to assist them develop interpersonal, parenting, and problem-solving skills in order to successfully conduct assessments, case planning, and case management. Engaging families and youth, offering direct assistance with difficulties the family is facing, including counseling, parent coaching, and modeling, and continuing to assess the family's needs, strengths, and progress are all components of effective work with families.

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Make Academic Connections
Writing Write a one-page essay about a decision you
made recently. Describe how you did or did not use the
steps of the decision-making process. Discuss the out-
come of your decision.

Answers

The decision-making procedure allows for the exploration of all alternatives with the intention to clear up Academic Connections, and it ensures that the first-class answer is discovered. The choice-making manner consists of the subsequent steps: define, become aware of, determine, keep in mind, put into effect, and examine.

A decision-making system is a series of steps taken by using a character to determine the high-quality choice or course of action to satisfy their needs. In an enterprise context, it is fixed of steps taken by using managers in an employer to determine the planned path for business tasks and to set unique moves in movement.

The selection-making allows clear up problems promptly and creates a leadership role for the selection-makers. strong choices must be unbiased and without any emotional impacts that could make us forget shortcomings. Such selection-making needs to also be transparent and logical.

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If last year your debt ratio was 1 and this year it is 0.25, that is good news.

Answers

Answer:

yes

Explanation:

What is the main reason to avoid renting to own?

O If the item breaks, you have to buy a new one.
O You are buying used merchandise.
O It can be weeks before the item is delivered.
You will pay much more than the cost of the item in a short period of time.

Answers

The main reason to avoid renting and instead to own is If the item breaks, you have to buy a new one.

Why do people avoid renting?

The main problem with renting is that you are not the owner of the object in question. This means that you cannot handle it with much risk.

If the item breaks for instance, you will then have to buy it or pay for it. This would defeat the purpose f renting because you still incur the full cost and the rental cost.

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Answer:

You will pay much more than the cost of the item in a short period of time.

Explanation:

connexus

The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called ________.

Answers

Answer:

The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called net income.

Explanation:

Hope this helps :)

Eagle Corporation operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end of the current period, the
company reports the following amounts: Assets = $41,000; Liabilities = $22,500; Dividends = $2,100; Revenues = $12,200; Expenses =
$8,100.
Required:
1. Calculate net income.
Net income
2. Calculate stockholders' equity at the end of the period.
Stockholders' equity

Answers

Answer:

Eagle Corporation operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end of the current period, the

company reports the following amounts: Assets = $41,000; Liabilities = $22,500; Dividends = $2,100; Revenues = $12,200; Expenses =

$8,100.

Required:

1. Calculate net income.

Net income

2. Calculate stockholders' equity at the end of the period.

Stockholders' equity

What can cause the market demand curve for day old bread and inferior hood to shift rightward an increase in demand

Answers

A decline in income is one factor that can lead the market demand curve for day-old bread to move to the right.

What might cause a demand curve to shift to the right?

If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.

When income increases the demand curve for an inferior good?

As income rises or the economy gets better, the demand for subpar products declines in economics. Consumers will be more inclined to spend money on pricey alternatives if this occurs. Quality or a change in a consumer's socioeconomic level may be a few factors causing this transition.

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Mr B aged 63 years, has earned rupees 75,00,000 out of his business . His ex- wife gifted him cash in account worth rupees 6 lakh. He spent a total of rupees 15 lakh during a family trip. He won a lottery of 19 lakh rupees. Out of happiness he gifted his wife cash of rupees 450000. He bought a life insurance policy and paid a premium of 50000 annually. He paid tuition fee for his daughter for rupees 50000. He invested rupees 80000 in PPF. One of his existing life insurance policy got matured and he received a total of rupees 32 lakh. Seeing his health conditions the doctor adviced him a medical test of rupees 6000 following he bought a health insurance for rupees 27000. Calculate his taxable income and tax liability.

Answers

Taxable Income is Rs 98,17,000, Taxable Liability is Rs 28,45,100

Taxable Income is the portion of a person’s or company’s gross income that the govt deems subject to taxes.

Taxable income consists of each earned and unearned income, on the other hand, Tax liability is the payment owed by an individual, Tax Liability is calculated according to the income of an individual and Tax% varies from0% to 30% depending on the income.

Income from business                             =  75,00,000

income from other sources

Lottery                                                       =  19,00,000

Life insurance maturity                            = 32,00,000

car gift from ex-wife                                 = 6,00,00

Gross Income                                          = 1,32,00,000

Deduction;

  LIC premium                                          = 50,000

  Tution fees                                             = 50,000

   PPF                                                        = 1,80,000

Max deduction                                         = 1,50,000

Health insurance                                      = 27,000

Medical tset                                              = 6,000

Total deduction =                                    32,00,00

Taxable Income is Rs 98,17,000

Taxable Liability is Rs 28,45,100

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Question 12
In the context of international trade restrictions, governments tend to use protective
are crucial to the domestic economy.
export duties
quorums
tariffs
voluntary export restraints

Answers

In the context of international trade restrictions, governments tend to use protective are crucial to the domestic economy: tariffs

A government is the device or institution of people governing a prepared community, normally a state A gadget of government distributes strength amongst exclusive parts and stages of the state. Political scientists examine the makes use of energy, inclusive of how energy is shipped inside a kingdom. the quantity of power held with the aid of the vital authorities determines the system of the presidency a nation has.

Government is the gadget or institution of human beings governing an organized community, commonly a kingdom. in the case of its wide associative definition, authorities usually consist of legislature, govt, and judiciary. a government is an institution or a device made of a set of human beings that takes care of or manages a country or a country. every government has its own charter or a hard and fast of fundamental standards that it follows to make sure effective governance.

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What can HR professionals do to mitigate concerns about pregnancy discrimination in the workplace? What does the law say companies need to do to avoid violating the rights of pregnant employees?

Answers

With our combined efforts as one HR, there is no cause we cannot influence. Knowing the law and interacting with expectant women are the greatest ways to stop pregnancy prejudice.

Employers place a high premium on discouraging pregnancy prejudice. The Pregnancy Discrimination Act of 1978's new EEOC rules have made it a particularly controversial topic in today's society. The best thing you can do to defend yourself in court is to train all managers or supervisors, but especially those who are directly in charge of supervising workers.

When you learn that a coworker is pregnant, you must show her respect and use caution. You should merely express gratitude to the worker for informing you. Offer pregnancy prejudice your support and assure her that, if necessary, you would make accommodation's that are reasonable in nature for her.

Never indicate that an employee's pregnancy is a burden on the company, and neither should your supervisors. Before approaching a pregnant employee, ask a member pregnancy prejudice of your human resources team any questions you may have about what to ask or not ask.

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A result that contains road maps for European countries.

Answers

Political Maps - do not display bodily features. as an alternative, they display nation and countrywide barriers and capital and most important towns. bodily Maps - illustrate the bodily features of a place, consisting of the mountains, rivers, and lakes. Topographic Maps - encompass contour strains to expose the shape and elevation of a place. There are 44 countries in Europe today, according to the United Nations.

Political maps are most usually flat and denote the united states of America's borders in vibrant colors to assist perceive the edges of nations. The definition of a political map shows the authority's borders for nations, states, and counties, in addition to the vicinity of capitals and foremost towns.

Political maps are most customarily flat and denote the use of borders in vivid colors to help perceive the edges of countries. The definition of a political map indicates the government borders for international locations, states, and counties, in addition to the area of capitals and main cities.

Political Maps - do not display bodily features. as an alternative, they display nation and countrywide barriers and capital and most important towns. bodily Maps - illustrate the bodily features of a place, consisting of the mountains, rivers, and lakes. Topographic Maps - encompass contour strains to expose the shape and elevation of a place.

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According to experts, what percentage of your income should you budget for
essential expenses?
O A. About 90 percent
OB. About 40 percent
O C. About 50 percent
O D. About 20 percent
SUBMIT

Answers

50% is the correct answer

When does voir dire occur during the civil courts process?
OA. When the appellant decides to appeal
OB. When the trier of fact makes a decision
OC. When the jury is being selected
O D. When the parties collect evidence

Answers

Option (C). When the jury is being selected.

Voir dire occur during the civil courts process when the jury is being selected.

Voir dire could be a legal phrase for a range of procedures connected with jury trials. It originally named an oath taken by jurors to inform the reality. This term is additionally used informally to explain the practice of jury selection in certain jurisdictions.

When a jury is required for an effort, the group of qualified jurors is taken to the courtroom where the trial will happen. The judge and also the attorneys then ask the potential jurors inquiries to determine their suitability to serve on the jury, a process called voir dire.

Voir dire, in law, process of questioning by which members of a jury are selected from an outsized panel, or venire, of prospective jurors.

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Answer:C

Explanation:

elect the correct answer.
hile discussing a sale of heavy machinery, a potential customer offers Mikal, a sales executive, a free vacation in exchange for a discount in the
ice of the machinery. Mikal turns down the offer. Which ethical behavior is Mikal demonstrating?
OA reliability
OB. organization
OC. respect
OD. honesty

Answers

OA BC IM TRYING TO BE HIM!

Richards Corporation purchased and used $75.000 of supplies during August. The purchase was on account, and had not been paid by the end of the month. The appropriate journal entry to completely account for this activity is:

Answers

The appropriate journal entry to completely account for this activity is:

Dr. Supplies expense $75,000

Cr. Accounts payable                 $75,000

What does purchase on account mean?

Purchase on account means that supplies whose value is $75,000 was purchased on credit with no cash payment, rather Richards Corporation promises to make payment at a later date.

In other words, we need to debit the increasing account and the fact the supplies have been used means that the  supplies expense account should be debited such that the accounts payable, which indicates that the amount is owed is credited.

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1.4.2 Test (CST): Fundamental Principles of Economics
Question 18 of 20
Which statement best summarizes the relationship between investments and
productivity?
OA. Companies must choose between high levels of productivity and
large investments.
OB. Companies with high levels of productivity are the most likely to
need investment.
OC. Companies use investments to avoid the need to increase overall
productivity.
OD. Companies use investments to pay for services that improve their
productivity.

Answers

Statement first-class summarizes the connection between investments and productiveness: corporations use investments to pay for offerings that improve their productivity.

Investments definition is an asset acquired or invested in to assemble wealth and keep cash from the difficult-earned income or appreciation. funding which means essentially to achieve an extra delivery of profits or advantage and make the most of the investment over a particular time period.

Investments are the determination of an asset to obtain an increase in price over a time period. investment requires a sacrifice of a few gift properties, along with time, cash, or a try. In finance, the motive of making funding is to generate a move back from the invested asset.

In a funding outlook, investment is the acquisition of products that are not fed nowadays but are used inside the destiny to generate wealth. In finance, an investment is an economic asset bought with the idea that the asset will provide earnings similarly or will later be bought at a better cost rate for earnings.

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Qualifications of baker ​

Answers

Qualifications of baker: No formal academic credential

A baker is a tradesperson who bakes and now and again sells breads and different merchandise made from flour via the use of an oven or other concentrated warmth source. The place in which a baker works is called a bakery.a person who makes breads, cakes, pastries, etc. Any avid baker knows that a success desserts and cookies regularly start with butter introduced to room temperature.

A baker is a person whose activity is to bake and sell bread, pastries, and cakes.

A Baker is a expert who prepares and develops baked items to add to a bakery's menu. they will also enhance diverse pies the use of pastry bags and put together garnishes as wanted when baking desserts, pastries, and many different dishes.Baking offers notable possibilities to upward thrust above your starting function. everyday bakers, who generally paintings in grocery shops or restaurants make, in line with the Bureau of labor records, an average annual earnings of $23,one hundred forty. skilled bakers, however, can get jobs in locations where they can earn more.

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All of the following statements are correct regarding the credit life insurance except

Answers

All of the following facts about the credit life insurance are true, with the exception of Benefits are paid to the borrowers beneficiary

so, the correct answer is A.

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. Credit life insurance is frequently provided whenever you borrow money, such as during the closing of a mortgage, while getting a car loan, or when acquiring a line of credit. In the event that the borrower passes away, the policy repays the money. Credit life insurance would shield your spouse or other co-signer from having to continue paying loan payments in the event of your passing.

The question is incomplete, the complete question is:

All of the following statements are correct regarding Credit Life Insurance EXCEPT:

A. Benefits are paid to the borrowers beneficiary

B. The amount of Insurance permissible is limited per borrower

C. Premiums are usually paid by the borrower

D. Benefits are paid to the creditor

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The 2017 balance sheet of Kerber’s Tennis Shop, Incorporated, showed $2.2 million in long-term debt, $710,000 in the common stock account, and $6.4 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.9 million, $905,000, and $8.4 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $200,000. The company paid out $610,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $850,000, and the firm reduced its net working capital investment by $155,000, what was the firm's 2018 operating cash flow, or OCF?

Answers

The firm's 2018 operating cash flow, or OCF is -$2,219,500

How do we determine the operating cash flow?

The operating cash flow can be determined from the cash flows from assets formula where cash flow from assets is the operating cash flow minus net capital spending and net change in working capital

cash flow from assets=operating cash flow-net capital spending+ net increase in working capital

Cash Flow from Assets = Cash Flow to Creditors + Cash Flow to Stockholders

Cash Flow to Creditors = Interest Expense - Net New Long-term Debt

Cash Flow to Creditors=$200,000-($3,900,000-$2,200,000)

cash flow to creditors=$200,000-$1700,000

cash flow to creditors=-$1,500,000

Cash Flow to Stockholders = Dividends - Net New Equity

cash flow to stockholders=$610,000-($905,000+$8,400,000-$710,000-$6,400,000)

cash flow to stockholders=-$1,585,000

Cash Flow from Assets =-$1,500,000-$1,585,000

Cash Flow from Assets =-$3,085,000

operating cash flow=unknown(assume it is x)

net capital spending=$850,000

net increase in working capital=$155,000

-$3,085,000=x-$850,00-$155,000

x=-$3,085,000+$850,000+$155,000

x=OCF=-$2,219,500

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Y Dell
You are the training director for tellers at a large local bank. As part of a new training program you are developing, you have given your trainees this "sample" check regis
the balances are incorrect.
Check
Number
1208
PLEASE BE SURE TO DEDUCT ANY BANK CHARGES THAT APPLY TO YOUR ACCOUNT.
Date
4/7
4/14
4/16
4/17
4/21
Need Help? Road It
Description of Transaction
To: Deposit
For:
To: Mario's Market Debit Card
For:
To: ATM Withdrawal
For:
To: Bargain Properties
For:
To: Electronic Payroll Deposit
For:
Amount of
payment or
withdrawal (-)
47 65
135 00
870 00
Amount of
Deposit or
interest (+)
766 80
1,350 00
Balance Forward
Bal. 1,245 10
Bal. 1,197 45
Bal.
Bal.
478 30
Bal.
1,097 45
182 45
1.532 45
You instruct your trainees to find and correct the errors in the balances. If your trainees do so, what should the corrected final balance be (in $)?

Answers

Y Dell

You are the training director for tellers at a large local bank. As part of a new training program you are developing, you have given your trainees this "sample" check regis

the balances are incorrect.

Check

Number

1208

PLEASE BE SURE TO DEDUCT ANY BANK CHARGES THAT APPLY TO YOUR ACCOUNT.

Date

4/7

4/14

4/16

4/17

4/21

Need Help? Road It

Description of Transaction

To: Deposit

For:

To: Mario's Market Debit Card

For:

To: ATM Withdrawal

For:

To: Bargain Properties

For:

To: Electronic Payroll Deposit

For:

Amount of

payment or

withdrawal (-)

47 65

135 00

870 00

Amount of

Deposit or

interest (+)

766 80

1,350 00

Balance Forward

Bal. 1,245 10

Bal. 1,197 45

Bal.

Bal.

478 30

Bal.

1,097 45

182 45

1.532 45

You instruct your trainees to find and correct the errors in the balances. If your trainees do so, what should the corrected final balance be (in $)?

Explain the difference between an intended and realized strategy. What causes this difference?

Answers

The initial plan is a planned strategy. It turned out to be a successful plan in the end. The two are frequently dissimilar because the desired approach may not be effective or because competitors may exert pressure that necessitates shifting the strategy.

The strategy that a company intends to implement is referred to as its intended strategy. An organization's strategic plan often includes a detailed description of its intended strategies. A business plan is a name given to a strategy plan developed for a new firm.

As an individual, you might decide to exercise more than three days per week, or as a business, you might decide to launch one new product each year.

The plan that an organization really employs is known as a realized strategy. A firm's intended strategy, or what it had planned to do, its deliberate strategy, or the aspects of the intended strategy that the firm has continued to pursue over time, and its emergent strategy combine to create its realized strategies (i.e., what the firm did in reaction to unexpected opportunities and challenges). 

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I only need help with 5b

Answers

Answer:

.

Explanation:

I'm pretty sure it's asking what could help, or stop this. (What could end the pay gap)

Leading others in cross-cultural situations is complicated. Which of the following is NOT one of the many reasons why such situations can be complicated?

Languages

Customs

Work ethics

Styles of dress​

Answers

Leading others in cross-cultural situations is complicated. Styles of dress​ are NOT one of the many reasons why such situations can be complicated.

Cross-cultural communication is the practice of identifying both cultural groups' differences and commonalities in order to interact successfully within a particular situation.

You'll be able to express yourself with confidence and learn how to be patient with others who don't share your background if you develop cross-cultural communication skills. Additionally, it will provide you with a wonderful chance to interact with students from other countries and talk about your differences.

Learning the fundamentals of this sort of communication is the first step in overcoming obstacles and preventing misunderstandings in cross-cultural communication. These are openness, awareness, readiness, language, and humour.

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Select the correct answer.
What kind of value should an employee possess when employees are expected to be responsible and fair?
O A.
positive work attitude
O'B.
self-motivation
OC. professionalism
O D. integrity
O E. self-confidence

Answers

The answer is: C I hope that helps

Over time, the stock market has…

A. Experienced highs and lows but increased in overall value

B. Had slight ups and downs but stayed abt the same in value

C. Rarely experienced changes and has maintained the exact same value

D. Gone through severe ups and downs with an overall decrease in value

Answers

Over time, the stock market has D. Gone through severe ups and downs with an overall decrease in value.

What is the stock market?

An equity market, stock market, or share market is a gathering of buyers and sellers of equities, which reflect ownership claims on companies. Securities listed on a public stock market may be among these stocks.

On the stock market, buyers and sellers of securities can interact, communicate, and transact business. The markets serve as a price discovery mechanism for corporate stock and a barometer for the health of the national economy. Buyers and sellers can be confident that they will receive a fair price, a high level of liquidity, and transparency since market participants compete in an open market.

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to make money as a baker, what would you have to do?

Answers

Answer:

Everything You Need to Know to Make Money Baking.

Explanation:

so you have all skills to bake delicious and tasty cakes?

make money from cakes

where to sell your cakes

Devising business plan

Equipment you need

Getting inspiration

creating hampers

How much should you charge?

seasonal baking

Have fun with it!

case study :Lazy Day cakes

case Study:Humming bird Bakery.

The engagement team performed testing of the tax account rollforward and documented the following for testing of the income tax payments for the
current year, "Agreed balance to Tax payments/refunds schedule prepared by the client without exception." Which is the best response as a result of
your review?
Answer the question, then select Confirm
A. You consider the source of the payments/refunds schedule noting it comes from a key system and ITGCs were deemed to be
effective and add this fact to the team's documentation.
B. Additional procedures are not necessary, as the appropriate tie-out procedures were performed.
C. You consider the testing over the accuracy and completeness of management's schedule which has been performed in a
separate EGA, ensure the balance in the rollforward agrees to the testing performed, and enhance the tax team's documentation to
reference the additional testing.
D. As part your review of the team's work, you re-perform their procedures by agreeing the balance to the payments/refunds
schedule obtained from the client.
Confirm

Answers

The best response that you would have as a result of your review would be ; You consider the testing over the accuracy and completeness of management's schedule which has been performed in a separate EGA, ensure the balance in the roll forward agrees to the testing performed, and enhance the tax team's documentation to reference the additional testing.

What does it mean to carry out testing of tax account?

This is the term that has to do with the performing of the procedure in such a way that it would be able to take care of an underlying account record or a given transaction.

The answer to this question is option C. You would have to ensure that you consider the testing over the accuracy and completeness of management's schedule.

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Picture yourself ten years from now. Do you think having a debit card or using a prepaid card will be more advantageous? Why?

Answers

Having a debit card will be more advantageous that having a prepaid card because:

Debit cards have lower fees. Debit cards don't have to be loaded to be used.

Which is better between prepaid and debit cards?

Prepaid cards are generally better for those that do not have bank accounts or do not want to link their spending to their bank accounts on they have less advantages in general.

They often have higher fees than debit cards which sometimes have little to no fees. And because prepaid cards are not connected to your account, they will need to be loaded each time as opposed to the convenience offered by debit cards.

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Which of the following are factors
that can help determine where an
organisation will locate its facilities?
Choose three.
Community factors
Proximity to customers
Individual factors
Answer instructions
Proximity to sources of supply
Proximity to cities
Proximity to cafés and shops

Answers

Factors that can assist determine in which an organization will find its facilities: our proximity to the market, weather, and way of life.

The definition of an organization refers back to the act of setting matters into a logical order or the act of taking a green and orderly technique to duties, or a group of people who've officially come collectively. when you smooth up your desk and file all your papers into logical spots, that is an instance of the enterprise.

Definition of organization: the act or system of organizing or of being organized the enterprise of his cloth right into a speech. b: the circumstance or way of being organized in a group with an excessive diploma of the agency. 2a: affiliation, society charitable companies.

3 styles of businesses describe the organizational systems which are used by maximum companies these days: functional, departmental, and matrix. every of those bureaucracy has benefits and drawbacks that owners must not forget earlier than determining which one to put in force for their commercial enterprise.

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2. What are three types of financial reports a business prepares?

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Three types of financial reports a business prepares are the balance sheet, the income statement, and the cash flow statement.

The process of recording and communicating financial performance over predetermined time periods, typically on a quarterly or annual basis, is known as financial reporting. Financial reports are used by businesses to organize accounting data and present their current financial situation. The balance sheet, the income statement, and the cash flow statement are the three primary types of financial statements. Each provides distinctive information with connected details. Together, the three statements provide a complete picture of the company's operating activities, including a breakdown of the company's assets and liabilities, revenues, and expenses, as well as cash flows from operating, investing, and financing activities.

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