The accounting basis that records revenues in the period that goods and services are provided to customers is referred to as Accrual-Basis.
What do you mean by Accrual-Basis?The accounting system known as "accrual basis" can be characterized as one in which income, expenses, and other changes to assets, liabilities, and owner's equity are recorded in the period in which the economic event occurs rather than when cash flows in and out.
A corporation can use accrual accounting, a financial accounting technique, to record revenue before getting payment for goods or services sold, or expenses can be recorded as incurred before being reimbursed by the company.
In other words, regardless of when monetary transactions have taken place, the company's accounting records the revenue earned. One of two accounting techniques is accrual accounting; the other is cash accounting. Cash accounting only captures revenue once a cash transaction for the products or services has taken place.
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Regardless of quantity in long-run equilibrium, the industry price cannot exceed the?
An extremely large number of vendors, each of whom makes a comparable or same product, make up a competitive market.
The total of all these unique outputs, which each provider produces as a small portion of the market as a whole, represents the production of that industry.
A market that has just one supplier is considered a monopolist at the other extreme. Examples include the fact that the National Hockey League is the only provider of top-notch professional hockey matches in North America, Hydro Quebec is the province of Quebec's sole electricity supplier, and Via Rail is the only provider of passenger rail services between Windsor, Ontario, and the city of Quebec.
Equilibrium: What Is It?
When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or under supply raises prices, which decreases demand.
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What is the most difficult step in performing a total landed cost or total cost of ownership analysis?
The most difficult step is completing a total landed cost or total price of ownership analysis.
How do total landed costs vary from the total cost of ownership?Total landed cost (TLC) is a cost that contains the cost of your basic ingredient along with all the costs associated with getting that ingredient to your location. Your total price of ownership (TCO) contains your TLC plus all costs associated with owning the product such as proper storage and prep costs.
The organization will be looking for the price to change its own structure. The organization will be looking for these costs to be recovered over time.
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Michael works as a financial advisor in a doctors office. The two organizations that Michael most likely belongs to are the..
A. AFP and AMA
B. AFP and ACS
C. AMA and AIA
D. AIA and ACS
Michael works as a financial advisor in a health practitioner's office. the 2 agencies that Michael maximum possibly belongs to are the: A. AFP and AMA
A monetary adviser or financial advisor is a professional who offers economic services to clients based totally on their monetary state of affairs. In many nations, financial advisors should whole precise education and are registered with a regulatory body in an effort to provide advice.
A financial advisor is a professional who's paid to offer financial recommendations to customers. simply as you would hire an architect to create a plan for your house, you hire a financial marketing consultant to create a plan for your budget. it is all about paying a person for the know-how you need to reach unique goals.
A monetary guide will now not simplest set you up financially. they could help make choices on the most important existence adjustments like how tons maternity go away can you have the funds to take while having a child. They also can help maintain you on target financially while lifestyles throw you curve balls which include redundancy.
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Paul pierce is busy working with other managers evaluating the products and businesses making up their company. paul is engaged in ________.
Paul Pierce is occupied assessing the firms and items that make up their corporation alongside other management. Paul is analyzing his Portfolio Analysis.
Portfolio Analysis is one of the areas of investment management that allows market participants to analyze and assess the performance of a portfolio (equities, bonds, alternative investments, etc.) with the goal of measuring performance on a relative and absolute basis, as well as its associated risks, and also measures how likely it is of meeting the goals and objectives of a given investment mandate. A corporation that sells a variety of goods and services must perform a portfolio analysis on a regular basis. This entails examining each product independently in terms of its profitability, contribution to revenue, and room for expansion. The identification of items that are not at all lucrative or perform poorly within the group is made easier by this study.
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A cash budget is a money management tool that helps you to? a. monitor and control your finances. b. implement a system of disciplined spending. c. ach
The cash budget is a money management tool that helps you to:
monitor and control your financesimplement a system of disciplined spendingachieve your long-term financial goalsWhat is a cash budget?In accounting, the cash budget refers to a company's estimation of cash inflows and outflows over a specific period of time. Most company use the cash budget to determine whether it has sufficient cash to continue operating over the given time frame because it also provide a company with insight into its cash needs and any surpluses which help it determine if the business is using cash effectively.
On a level, the cash budget are used to assess whether the entity has sufficient cash to continue operating over the given time frame, hence, the cash budget is a money management tool that helps you to monitor and control your finances, implement a system of disciplined spending and achieve your long-term financial goals
Therefore, the Option D is correct.
Missing options "a. monitor and control your finances. b. implement a system of disciplined spending. c. achieve your long-term financial goals. d. All of these."
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If a broker is representing a buyer-client, he or she must negotiate on behalf of the:________
If a broker is representing a buyer-client, he or she must negotiate on behalf of the: buyer
Who is called a buyer in marketing?
Buyers are the very crucial in the market whichever the activities are performed in the market , they are performed for their satisfaction. It is very critical aspects of the market. A person or an institution that buys goods or service is called buyer.
What are buyer characteristics?
The buyer's characteristics influence how the buyer reacts to the given changes. After, the buyer's decision process itself takes place and may changes the buyer's behaviour. Consumer behaviour regarding buying things is affected by cultural, social, personal and psychological characteristics.
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When making an investment , always consider the ____, which is the cost of your next-best investment?
At the time of making an investment , always consider the opportunity cost.
The value of the next-best option after a selection is made is known as the opportunity cost. Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options.
The determination of a company’s capital structure involves opportunity cost analysis in a significant way. To pay lenders and shareholders for the risk of their investments, a corporation must incur costs when issuing both debt and equity capital, but each has an opportunity cost as well.
To find the best balance that minimises opportunity costs, a company attempts to analyse the advantages and disadvantages of issuing debt and shares, taking both financial and non-financial factors into account.
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Suppose a plague changes the production capacity in a country. how would you represent this situation with a production possibilities frontier?
A plague would lead the production possibilities frontier to shift inward.
What is the production possibilities frontier?The production possibilities frontier is a curve that shows the various combinations of two goods that a country can produce when its resources are fully utilized.
Production that takes place on the production possibilities frontier is said to be efficient. The plague would reduce the production capacity of the country, thus production would not take place on the production possibilities frontier. As a result, this would lead to a shift inward of the production possibilities frontier.
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Jamie, a missouri licensee, is employed by a company that also owns a title company, to whom he refers clients. this is known as ______.
Jamie, a Missouri licensee, works for a business that also owns a title company, which he recommends to clients. Controlled business arrangement is the term used for this.
A controlled business arrangement is one in which a person in a position to refer business incident to or involving a federally related mortgage loan, or an associate of that person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than one (1%) percent in a provider of settlement services; and either of those people refers such business to that provider either directly or indirectly.
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Clif bar & company is developing a new energy drink specifically for college students. They think that college students would buy their drink if it was made from all sustainably sourced ingredients. Before they invest a lot of money to enter the energy drink market, they will conduct ___________ research to find out if there is a significant correlation between sustainably sourced ingredients and energy drink demand for college students.
To determine whether there is a strong link between the demand for energy drinks among college students and the use of components from sustainable sourcing, Clif bar and company must conduct a descriptive research.
The main aim of a descriptive research is to describe the characteristics of the population or the subject being studied. The "what" of the research issue is highlighted more so than the "why" in this descriptive methodology.
Descriptive research is also known as a "observational research" approach. The study's objective is to identify the population's characteristics, frequency patterns, trends and classifications. This approach is useful when there is minimal information available on the issue.
In the above question, it is necessary to understand if college students prefer energy drinks made with sustainably sourced ingredients. Hence, clif bar and company needs to conduct descriptive research.
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If a firm has a lot of net cash flow, does that mean the firm’s balance sheet cash account must be high?.
No, If a firm has a lot of net cash flow, does that mean the firm’s balance sheet cash account must be high.
What does net cash flow tell you?
Net cash flow is the gain or loss in money over a time period (after all debts have been paid). A company is said to have positive cash flow if, after paying all of its operational expenses, it still has cash left over.What increases a firm's cash balance?
Companies can boost their cash flow through increasing revenue, collecting past-due bills, controlling expenses, and engaging in financing and investing operations.
What is the difference between net cash flow and cash balance?
The cash balance difference between two successive time periods is the net cash flow when utilizing a balance sheet. The net cash flow from operating, investing, and financing transactions is calculated by adding up all of the revenues and outlays for a certain time period and showing it on the cash flow statement.Learn more about net cash flow
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You should not purchase capacity for products with a second shift of 90%. true or false?
The correct answer is False.
The Purchase capacity is defined as the maximum amount of power that can be drawn from the grid at any time.
It is a decision variable because of the effect of demand charges.
Instead of simply buying products from suppliers, manufacturers should reserve those suppliers' capacity.
Therefore it is false to say that you should not purchase capacity for products with a second shift of 90%.
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If the amount in supplies expense is the january 31 adjusting entry, and $ 850 of supplies was purchased in january, what was the balance in supplies on january 1?
The balance in supplies on January 1 will be $1070.
What is an adjusting entry?A general ledger entry known as an adjustment journal entry" is made at the conclusion of an accounting period to report any unrealized income or costs during the time. Adjusting entries are modifications to previously written entries in your diary. They specifically ensure that the data you have recorded corresponds to the proper accounting periods.
The cost of consumables utilized during a reporting period is referred to as supplies expense. Until they are consumed, supplies are typically regarded as current assets. Supplies become expenses once they have been consumed. If supplies have a large financial worth, they may qualify as current assets.
Here, the amount of $850 of supplies was purchased in January. The balance will be:
Supplies expense = $950
Add: Ending supplies = $970
Less: Supplies purchased = $850
Beginning supplies = $1070
Therefore, the balance is $1070.
In conclusion, the balance in supplies on January 1 will be $1070.
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Since optimization is used to analyze people's choices and help them improve the outcomes of their choices, its:_____
Since optimization is used to analyze people's choices and help them improve the outcomes of their choices, its both normative and positive.
What is optimization?
Making a trading system more efficient through optimization entails changing the technical analysis variables. By lowering specific transaction costs or risks or by focusing on assets with higher expected returns, a trading system can be made more efficient.
The process of refining a portfolio, algorithm, or trading system in order to minimize costs or boost efficiency is known as optimization.
Reduced risks, higher predicted returns, or a change in rebalancing frequency can all be used to improve portfolios.
Optimization is a continuous and ongoing activity because markets and rules change frequently.
To adapt to shifting market conditions and lower the likelihood of programming errors, trading algorithms require ongoing optimization.
There is a risk of over-optimization because maximizing one component can entail minimizing other others.
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Project management systems need to balance the organizational structure and that of the project group with respect to ___.
Systems for project management must maintain a balance between the organizational structure and the project group's in terms of authority.
What is authority?
In sociology and political science, authority is the rightful control that one individual or group has over others. In a civil state, power is exercised through the judicial or executive branches of government, for example. The terms "authority" and "power" are misused when referring to government
The legal ability to issue a command, order, or instruction and compel a subordinate to perform an action is known as authority. The result of authority, on the other hand, is responsibility. It entails the duty of the subordinate, who was given the responsibility by his higher.
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If a salesperson seeks to avoid customer interactions, what are they suffering from?
Call reluctance is what they are suffering from if they tend to avoid customers.
What is Customer interaction?Every company is at the mercy of the people who use it. The market is cutthroat, and consumer expectations have skyrocketed. Simply put, providing a quality good or service is insufficient. The positioning of your brand in the market, however, can be greatly influenced by the relationships you build with your customers. While discussing the importance of customer interactions, it's important to keep in mind that the customer experience is a continuous process. Building stronger ties with your customers is a continuous process.
Before we go into the specifics of how customer interaction can be advantageous for your business, it is crucial to understand what it is. Addressing customer needs and ensuring they are met through the provision of your good or service is referred to as customer interaction. Companies frequently employ salespeople with the necessary training to conduct these customer interactions. Overall, having a better understanding of your customers can give you a competitive edge.
Thus, customer interaction should be taken care of well.
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Measuring, managing, and analyzing the success of the find your park marketing campaign is an example of?
Measuring, managing, and analyzing the success of the Find Your Park Marketing campaign is an example of marketing research.
Marketing is the pastime, set of establishments, and approaches for developing, communicating, handing over, and exchanging offerings that have prices for customers, clients, partners, and society at huge.
The marketing and marketing idea is preoccupied with the idea of fulfilling the desires of the patron via the product as a way to the client's trouble (wishes). The marketing idea represents the fundamental alternate in state-of-the-art agency orientation that gives the foundation to obtain aggressive benefits.
The importance of advertising for your enterprise is that it makes the clients aware of your products or services, engages them, and enables them to make shopping selections. furthermore, an advertising and marketing plan, part of your business plan helps in developing and keeping call for, relevance, popularity, competition, etc.
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An increase in productivity as a result of a new technology would cause the production possibilities frontier to:________
An increase in productivity as a result of a new technology would cause the production possibilities frontier to shift outward.
What is the production possibilities frontier?The production possibilities frontier is a graph that depicts the various combination of two goods a company can produce when all its resources are fully utilised.
When a company produces on the production possibilities frontier, it is producing efficiently. When a company produces inside the production possibilities frontier, the firm is inefficient in its production. A company cannot produce outside the production possibilities frontier given its level of resources and technologies.
The production possibilities frontier is concave to the origin. This reflects the opportunity cost involved in production. As more of one good is produced, less of the other good would have to be produced. This is because the resources with which to carry out production are available in limited quantities.
Factors that cause the production possibilities frontier to shift outward include:
1. technological advancement
2. increase in available resources.
3. increase in the labour force.
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Across
3. Hamburger
5. The boss
7. Workers
9. Work performed for another person
10. Physical objects that are produced
10
Topic 1 Crossword
Complete the crossword below
Created using The TeachersCorner.net Crossword Puzzle Maker
Down
1. Using few resources than the economy is capable of using
2. The fundamental problem of economics
4. Natural resources used to produce goods and services
6. Using our resources to the maximum
Answer:
What question
Explanation: HUh
All of the following are benefits of workforce diversity except? a. better problem solving b. improved marketing efforts c. enhanced communication d. attraction and retention of the best talent
All of the following are benefits of workforce diversity except enhanced communication.
Diversity in the workforce refers to the distinctive personality traits that each employee possesses. Gender, race, ethnicity, religion, age, sexual orientation, physical prowess, and ideologies can all be included in the definition of workforce diversity. Since it recognizes the unique strengths and potential of each employee, a diverse workplace is a valuable asset. A diverse skill set enables a company to provide a broader and more flexible range of goods and services. Teams with more diversity are more effective and perform better as they highlight a more tremendous potential for professional and personal development. Individuals can benefit from one another's knowledge and experiences thanks to diversity. Including various viewpoints and ideas improves problem-solving.
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For a market system to maximize its potential, it must develop methods for ______.
A market system must develop techniques for determining and managing risk if it is to reach its full potential.
A market system is what?
A market system is a group of buyers, sellers, and other participants who get together to conduct business in a certain good or service.
A market system's participants include:
Direct market participants who fuel economic activity in the market include producers, buyers, and consumers suppliers of auxiliary products and services, such as financial institutions, manufacturers, and consulting firms regulatory agencies, infrastructure providers, and business associations are examples of entities that have an impact on the business climate.
A market system might be unique to a product (such as coffee, mangoes, or dairy) or to a broad industry (finance, labor, business development services). System of the poultry market:
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Compute the hourly wage
Hours worked: 30
Hourly wage:
Total Pay: $350
Answer:
hours worked 30×350
=10500
The current united states health care system functions more on a business model than a service model. which factors contribute to rising health care costs?
The current United States healthcare system functions more on a business model than a service model. The factors that contribute to rising health care costs include provider burden, health care fraud, and increased health insurance premiums.
The United States healthcare system is run on a business model, rather than a service model. That means that health insurance providers are providing insurance coverage to earn profits, and healthcare centers and institutions too have business interests in mind. This causes the healthcare costs to be comparatively higher than in other countries.
Rising healthcare cost is also due to the provider burden, the frauds in the healthcare sector, and the high premiums charged by insurance providers.
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Mack and amy are making regular contributions of $200 a month from their salaries to a money market savings account. these transactions will:________
Mack and amy are making regular contributions of $200 a month from their salaries to a money market savings account. these transactions will be income and expense.
From their monthly salary, Mack and Amy consistently deposit $200 into a money market savings account. Both the net worth on their balance sheet and the surplus on their income and expense statement will fall as a result of these transactions.
It spans a certain amount of time, typically a month or a year. There are three sections in the statement: income, costs, and surplus (or deficit). It spans a certain amount of time, typically a month or a year. The cash inflows and outflows for a specific time period are displayed in the statement of cashflows. The cash used for or provided by the operating, investing, and financing operations is shown on the statement of cashflows.
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For accounting purposes, the business entity should be considered separate from its owners if the entity is:________
For accounting purposes, the business entity should be considered separate from its owners if the entity could be a proprietorship, corporation or partnership.
What is a business entity?It refers to the organization created by an individual or individuals to conduct business, engage in a trade or partake in similar activities. It ia also an organization founded by one or more natural persons to facilitate specific business activities or to allow its owners.
There types of business entities includes the sole proprietorship, partnership, LLC, corporation, etc
Hence, the business entity should be considered separate from its owners if the entity could be a proprietorship, corporation or partnership.
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Employing case managers to do home-visits for patients whose asthma is not well-controlled despite health education and medication is an example of:_________
Employing case managers to do home-visits for patients whose asthma is not well-controlled despite health education and medication is an example of Innovative clinical prevention.
What is Innovative clinical prevention?These refer to any methods that are used to ensure that people's health conditions do not get worse.
They are especially useful in cases where health education and medication are not working as is the case with these asthma patients. The case managers can ensure that the patients get the best care by doing home-visits.
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If an investor can use accounting information for two different companies to evaluate the types and amounts of expenses, the information is said to have the quality of:______
Still, the information is said to have the quality of the community, If an investor can use counting information for two different companies to estimate the types and quantities of charges.
Community: is the degree of standardization of account data that enables the comparison of the fiscal accounts of several enterprises. The druggies of fiscal statements demand this, which is an abecedarian demand of fiscal reporting
If an investor can use accounting information for two different companies to evaluate the types and amounts of expenses, the information is said to have the quality of Comparability.
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You can introduce new research material in your recommendations chapter. True / false
True. You can introduce new research material in your recommendations chapter.
Documents, records, software, information, data, and other physical work products created or developed during the course of, or in connection with, the research activity are referred to as research material.
Materials and proceduresOne of the most crucial criteria used to assess the paper's overall quality is the study's methodology. The Methods section should also provide readers with enough details so they can replicate the studies. Reviewers should search for areas where greater justification is required as well as potential sources of bias in the study's planning and execution.
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True or false: it is recommended to minimize interruptions in cpr for pulse checks and shocks.
The statement "it is recommended to minimize interruptions in CPR for pulse checks and shocks." is TRUE. Option A
This is further explained below.
What is CPR?Generally, In an effort to manually maintain intact brain function while additional steps are taken to reestablish spontaneous blood circulation and respiration in a person who is experiencing cardiac arrest, cardiopulmonary resuscitation, or CPR, is an emergency procedure that involves chest compressions that are frequently combined with artificial ventilation.
In conclusion, It is suggested to minimize pauses in chest compressions for pulse checks and shocks. The remark that "this should be done only when needed" is accurate.
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Describe the four types of animal eggs based on the amount and distribution of their yolk
Homolecithal Eggs, Telolecithal Eggs, Meiolecithal Eggs and Centrolecithal Eggs are the four types of animal eggs based on the amount and distribution of their yolk.
What is the yolk distribution?Egg yolks with an even distribution are said to be isoecithal. All mammals, with the exception of the smallest, and invertebrates alike are affected by this disease. Eggs classified as telolecithal have a significant amount of yolk contained in just one hemisphere.
All vertebrates below marsupial mammals as well as numerous invertebrates experience this. The ability of the yolk to affect cleavage increases with the amount of yolk in the egg does by obstructing the cytoplasmic movements required for mitosis.
Thus, the name of the eggs are written above.
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