The answer is 60,000$ debit, The accounts receivable account had a beginning balance of $200,000, cash received on account was $240,000, and sales on account were $100,000. The ending Accounts Receivable balance was 60,000$.
Is debit positive or negative?Debit is the positive side of a balance sheet account and the negative side of a result item. In accounting, a debit entry is one that appears on the left side of a double-entry bookkeeping system and denotes either the addition of an asset or expense or the reduction of a liability or revenue. A credit is the reverse of a debit.
Does debit imply that I owe money?Your account is in credit if it has a balance that reads "we owe you." You owe us indicates a debt balance. Your credit will be used to pay future expenses if you pay your monthly Direct Debit invoices in installments.
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requirements analysis could be performed in a number of ways. which of the following is not a requirements analysis technique?
Understanding of screen design, layout, and navigation is not a requirements analysis strategy.
What are the techniques used for performing Requirement Analysis?Graphs that make it easier to understand business processes are made using the Business Process Model and Notation. It is a common method employed by business analysts to synchronize the timing of communications sent between several parties engaged in a connected set of activities.
What are the various types of Requirement Analysis?Business, customer, product, functional, and non-functional needs are among the main categories of requirements analysis. Each one expresses the needs of the project and represents a stakeholder or stage of the endeavour.
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figure: circular-flow model reference: ref 7-1 (figure: circular-flow model) if the circular-flow model is in equilibrium (the sum of money flowing into each box is equal to the sum of the money flowing out of that box), which of the following is likely to happen if there is a decrease in exports? group of answer choices a decrease in the nominal gdp an increase in the real gdp a decrease in the unemployment rate an increase in the inflation rate
The most likely to happen if there is a decrease in exports an increase in the nominal GDP.
What is GDP?
The total dollar worth of all completed products and services produced in a nation during a certain time period is known as the gross domestic product (GDP).An estimate of a nation's GDP may be used to determine the size and growth rate of an economy.Spending, output, and income may all be used to compute GDP, which can then be adjusted for population and inflation to give more detailed results.While nominal GDP ignores the consequences of inflation, real GDP does.Although it has its limits, GDP is an important tool for assisting firms, investors, and politicians in making strategic decisions.To study more about GDP
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in a variable life insurance policy all of the following assets are held in the insurance company's general account except1. Paying a claim2. Policy of a new home3. Cash surrender calues4. Fixed amount
Option D is correct. Variable existence insurance is a permanent life insurance coverage with an investment component. The policy has a cash-value account with money that is invested, generally in mutual funds.
As a everlasting life insurance policy, variable life insurance plan can pay a dying benefit to your beneficiaries when you die.
Which of the following are the aspects of a variable lifestyles insurance policy?Variable familiar life is a type of permanent lifestyles insurance plan policy. With points that include money value, investment variety, flexible premiums and a flexible demise benefit.
Variable lifestyles insurance is a permanent lifestyles insurance product with separate money owed comprised of a variety of contraptions and funding funds, such as stocks, bonds, fairness funds, money market funds, and bond funds.
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https://brainly.com/question/30469265#SPJ4Last year, Donna invested her money in two purchases. She purchased a certificate of deposit for
$2000
that paid
4%
interest per year and purchased
$6000
in corporate bonds paying
9%
interest per year.
(b) What was the percent interest for her total investment?
(a) What was the total interest earned at the end of 1 year? $
a) percent interest for her total investment = 6000 * 0.09 * 1 = $540
b) total interest earned at the end of 1 year = (540) / (2000 + 6000) = 0.0675
I = P r t is a formula for calculating simple interest. It takes the amount invested P, the interest rate r, and the number of years invested t.
a) The first investment has a principle of P = $2,000, r = 4% = 0.04, t = 1 year, and I = $2,000 * 0.04 * 1.
The second investment has a principle of $6,000, an interest rate of 9% (or 0.09), and a time frame of one year (or I = 6000 * 0.09 * 1).
To determine your overall interest, add these together.
b) By dividing Total Interest / Total Invested = (response from a) / (2000 + 6000), you may determine the total interest rate.
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panera bread donates breads and bagels at the end of the day to local charities and food banks. this is an effort to reduce which of the following?
Panera Bread's donations of breads and bagels at the end of the day is an effort to reduce food waste.
Panera Bread's practice of donating unsold breads and bagels at the end of each day is an effort to reduce food waste and help fight hunger in local communities. By giving away unsold food items instead of throwing them away, Panera Bread is helping to alleviate hunger and provide nutritious food to those in need, while also reducing the amount of waste that ends up in landfills. This practice not only benefits those in need, but also supports the company's commitment to sustainability and corporate social responsibility. By reducing waste, Panera Bread is able to make a positive impact on both people and the environment.
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which of the following would be the least-effective way to follow up a negative performance review of an employee?
Painting a broad picture of what is expected from the employee be the least-effective way to follow up a negative performance review of an employee.
Option B is correct.
How can you effectively deliver a negative performance evaluation?
Negative performance evaluations should focus more on attitudes and intentions than on actions and outcomes. enables deeper communication.
"A performance review is a formal evaluation in which a manager evaluates an employee's work performance, identifies their strengths and weaknesses, provides feedback, and establishes objectives for future performance." Performance evaluations and appraisals are other names for performance reviews.
What exactly is an employee's performance evaluation?A data-based assessment of an employee's strengths, weaknesses, and potential areas for improvement are included in performance reviews. Positive feedback does not punish. It encourages the employer to perform better in the future.
Question incomplete:
which of the following would be the least-effective way to follow up a negative performance review of an employee?
A. The employee is less likely to become defensive.
B. painting a broad picture of what is expected from the employee
C. the ability to give feedback to employees more often.
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which of the following are ways wikipedia can be useful to you when you are developing your research question?
Your understanding of how your research issue fits into a larger topic can also be improved by consulting Wikipedia. The fact that each article on Wikipedia contains a link to a related one is one of its advantages. You can use these to investigate your topic's context.
When conducting research, what is the value of Wikipedia?Using Wikipedia to quickly learn about your subject is one of the best uses of the site for academic study. Considering that it is an encyclopedia If you are looking up information on a topic you are not familiar with, this is especially helpful.
Why Wikipedia is a trustworthy source for researchWikipedia entries are frequently at the forefront of any web study and are excellent resources to acquire trustworthy information and get background knowledge on a subject. sources through their notes, references, external links and further reading sections.
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In 2022, OCC Corporation made a charitable donation of $400,000 to the International Rescue Committee (a qualifying charity). For the year, OCC reported taxable income of $1,500,000 before deducting any charitable contributions, before deducting its $20,000 dividends-received deduction, and before deducting its $40,000 NOL carryover from last year.
Required:
a. What amount of the $400,000 donation is OCC allowed to deduct for tax purposes in 2022, what is the carryover to 2023, and when does the carryover expire?
Deductible donation $0
Carryover $0
Carryover expires after 0
b. Assume that in 2023, OCC did not make any charitable donations and that it is allowed to deduct its full charitable contribution carryover, if any, from 2022. What book-tax difference associated with the charitable contributions will OCC report in 2023? Is the difference favorable or unfavorable? Is it permanent or temporary?
Year Book-tax Difference Favorable or Unfavorable Temporary or Permanent
2023 $0 Unfavorable Permanent
The maximum amount of charitable contribution that OCC is allowed to deduct for tax purposes in 2022 is $0, as the limit on charitable contribution deductions is limited to 100% of taxable income. The entire $400,000 donation will be carried over to 2023. The carryover will expire after 2023.
In 2023, OCC will report a book-tax difference of $0 associated with the charitable contributions as the carryover from 2022 was not used in 2023. This difference is unfavorable and permanent.
What is charitable tax donation impact?
The charitable tax donation impact refers to the effect of making a charitable donation on a company's taxable income. The donation may be fully or partially deductible, resulting in a reduction of taxable income, and may also have a carryover effect to future years if the full deduction is not taken in the current year. The impact can lead to a favorable or unfavorable book-tax difference, which can be either temporary or permanent.
Hence, the answer is, the company made a $400k donation in 2022 but was not able to deduct the full amount for tax purposes. The remaining amount carried over to 2023 but there was no book-tax difference in 2023. The difference was unfavorable and permanent.
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The value of the ending inventory is calculated by multiplying the number of units in ending inventory by the ______A. unit product cost B. variable overhead cost per unit C. total overhead cost per unit D. the sum of the direct materials and direct labor cost per unit
Therefore option A is the correct choice.
By dividing the number of units in ending inventory by the unit manufacturing cost, the value of ending inventory is determined.
The following formula makes figuring out the product unit cost as simple as adding and dividing. (Fixed Costs - Variable Costs) / Units is the formula for calculating cost per unit.
Divide the sum of all your costs by the number of items you sell after adding up all your costs:
It is necessary to total up the fixed expenses for a specific time frame.
Add up the variable costs for the same period.
Combine fixed and variable expenses to get the entire production cost.
Take the total cost of manufacturing and deduct the quantity of units you produced during that time.
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Wallace Driving School’s 2020 balance sheet showed net fixed assets of $3.8 million, and the 2021 balance sheet showed net fixed assets of $4.1 million. The company’s 2021 income statement showed a depreciation expense of $415,000. What was net capital spending for 2021?
The net capital spending for 2021 is equal to the change in net fixed assets plus depreciation, which in this case is $4.1 million - $3.8 million + $415,000 = $825,000.
Net capital spending, also known as net investment in fixed assets, is a measure of the amount of money a company has invested in its fixed assets during a particular period. It is calculated as the change in net fixed assets plus depreciation for that period. In the case of Wallace Driving School, the net fixed assets increased from $3.8 million in 2020 to $4.1 million in 2021, so the change in net fixed assets is $4.1 million - $3.8 million = $300,000. Additionally, the 2021 income statement showed a depreciation expense of $415,000. Therefore, the net capital spending for 2021 is equal to the change in net fixed assets plus depreciation, which is $300,000 + $415,000 = $825,000.
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t the end of last year, the company's assets totaled $865,000 and its liabilities totaled $742,500. during the current year, the company's total assets increased by $58,500 and its total liabilities increased by $24,250. at the end of the current year, stockholders' equity was:
Stockholders' equity was at $163,350 at the end of the current fiscal year.
Liabilities are subtracted from assets to determine stockholders' equity. We must first determine the total assets and liabilities at the end of the current year in order to calculate the shareholders' equity at that time.
Total assets at the end of the current year = Assets at the end of last year + Increase in assets during the current year
Total assets as of the year's end = $877,000 + $59,700 = $936,700
Total liabilities at the end of the current year = Liabilities at the end of last year + Increase in liabilities during the current year
Total liabilities at the end of the current year = $748,500 + $24,850 = $773,350
Now, we can calculate stockholders' equity at the end of the current year as follows:
Stockholders' equity = Total assets at the end of the current year - Total liabilities at the end of the current year
Stockholders' equity = $936,700 - $773,350 = $163,350.
Complete Question:
At the end of last year, the company's assets totaled $877,000 and its liabilities totaled $748,500. During the current year, the company's total assets increased by $59,700 and its total liabilities increased by $24,850. At the end of the current year, stockholders' equity was:
A. $34,850.
B. $163,350.
C. $128,500.
D. $188,200.
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if a firm is conducting a swot analysis, which of the following are the positive factors that should be taken into consideration? (check all that apply.)
The following advantages must be considered while conducting a SWOT analysis:
1. What distinctive resources are offered to the company?
2. What trends is the company best suited to capitalize on?
What is SWOT analysis?A person or organization can use the SWOT analysis (also known as the SWOT matrix) to discover Strengths, Weaknesses, Opportunities, and Threats (SWOTs) relevant to business competition or project planning.
Situational analysis or situational evaluation are other names for it.
The acronyms TOWS and WOTS-UP also share the same elements.
This method can be used to assess the strategic position of a variety of companies and is intended for use in the early phases of decision-making processes (for-profit enterprises, local and national governments, NGOs, etc.).
When doing a SWOT analysis, the following positive factors must be taken into account:
1. What distinctive resources are offered to the company?
2. What trends is the company best suited to capitalize on?
Therefore, the following advantages must be considered while conducting a SWOT analysis:
1. What distinctive resources are offered to the company?
2. What trends is the company best suited to capitalize on?
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Complete question:
If a firm is conducting a SWOT analysis, what are the positive factors that should be taken into consideration?
which of the following purchases is included in gross domestic product? * 1 point a used stereo bought on e-bay government purchase of 100 new hummers 2,000 shares of stock of apple inc. a social security payment to a retired salesman
The following purchases are accounted for in the gross domestic product calculation: Farm equipment for new harvests.
The total dollar worth of all completed goods and services produced in a nation during a given time period is known as the gross domestic product (GDP).
The gross domestic product (GDP) is the total monetary or market value of all finished products and services produced within a country's borders during a specific time period (GDP).
Because it is a broad indicator of total domestic production, it provides an exhaustive evaluation of the state of the economy in a particular country. Although it is often calculated annually, GDP can also be computed on a periodic basis.
For instance, the US government estimates the annualized GDP for the entire year and each fiscal quarter. Real GDP takes inflation's effects into account, whereas nominal GDP does not.
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Imagine you go to a retail outlet and buy a pair of shoes. Prior to this transaction taking place, a distributor bought the shoes from the manufacturer and sold them to the retail outlet. Which of the following would be considered resellers?
A. Both the distributor and the retailer
B. The retailer
C. Neither the distributor nor the retailer
D. The distributor
Both distributor and the retailer would be considered the resellers.
What is a retailer?A retailer, sometimes known as a merchant, is a business that sells products to customers directly through a variety of distribution methods, such as apparel, groceries, or automobiles, with the intention of making a profit. In addition to operating online, this business has a physical location. The supply chain's component that interacts most regularly with consumers is the retail sector. There are numerous varieties, designs, and sizes available. The majority of the time, retailers purchase products from a producer, wholesaler, or other distributor before reselling them to the general public. Small, family-run pharmacies or your neighbourhood grocery store can buy from the same outlets or from smaller suppliers. While large retailers like Walmart and Target buy goods in bulk from producers or wholesalers, smaller retailers like your local pharmacy or grocery store can also do so.
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Big Electronics Company (BEC) is headquartered in Pinellas County Florida and employs over 1,000 people. Prior to the pandemic, the company experienced difficulties in retaining employees. Since the pandemic, the company continues to experience high turnover and difficulties recruiting employees. Jane Smith, the vice president of Human Resources and seeks to discover possible reasons for the hiring and retention issues.
Q. Perform a Cause and Effect analysis using the three steps outlined in the textbook on Page 401. Explain major causes and sub-causes identified and include the fishbone diagram in your response.
A Cause and Effect analysis using the three steps outlined is shown below
What are the steps?Step 1: Identify the Problem
High turnover and difficulty in recruiting employees
Step 2: Identify Possible Causes
Major Causes
-Low wages
-Company culture
-Competitive job market
-Lack of career advancement
-Unattractive benefits
Sub Causes
-High cost of living in the area
-Lack of job training and development
-Unclear job descriptions
-Uncompetitive salaries
-Unattractive benefits package
-Lack of recognition and rewards
-Unhealthy work environment
Step 3: Diagram the Causes
Fishbone Diagram
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When the product possibilities frontier is convex, and therefore bowed in towards the origin, this suggests a) the factors of production are perfect substitutes for each other. b) a relatively small economy with limited economic options. c) there exist increasing opportunity costs of production. d) international trade has created comparative advantage for both goods. e) none of the other answers are correct.
When the product possibilities frontier is convex and therefore bowed in towards the origin, this suggests ) international trade has created a comparative advantage for both goods.
If an agent can produce a specific good at a lower relative opportunity cost or autarky price—that is, at a lower relative marginal cost before trade than their competitors, they have a comparative advantage over them in the economy.The term "comparative advantage" refers to the economic reality of the benefits of trade for individuals, businesses, or nations that result from variations in their factor endowments or technological advancement. [2] (The absolute advantage, comparing output per unit of time (labor efficiency) or per unit of material input (monetary efficiency), is generally thought to be more intuitiveTo learn more about comparative advantage here
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which of the following are true of functional strategic planning when compared with business unit planning and corporate planning? (check all that apply.)
The following are true of functional strategic planning when compared with business unit planning and corporate planning are :
-This type of planning has the most constraints.
-This type of planning has a narrow scope and is very detailed.
What distinguishes corporate planning from functional planning?
The overarching objectives of your company's corporate strategy. If your company is large enough to have distinct departments, each one should have a strategic plan based on the corporate objectives.
When compared to company business planning and corporate planning, functional strategic planning has the following characteristics that are true: -This style of planning has the most restrictions and This kind of planning is very thorough and has a specific focus.
Therefore, A thorough plan for achieving the firm goals is the functional strategy.
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which of the following processor features used is most likely to dynamically reduce power consumption based on current operating conditions?
Throttling-Slowing down statistics speeds after a consumer reaches its month-to-month statistics restriction is a frequent exercise amongst web service vendors and mobile carriers it's known as throttling.
Why is it referred to as throttling?Easing off the accelerator pedal “throttles down” the motor — as its oxygen grant is restricted, the engine runs slower and slower. So even though full throttle is when the engine breathes freely, throttling the engine goes again to the strangling metaphor.
API throttling is the system of limiting the range of API requests a user can make in a certain period.
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https://brainly.com/question/28906698#SPJ4sun tzu is considered an early contributor to the management thought in which of the following the areas?
Relates to its surroundings. The Sumerian Code was a collection of 282 rules that addressed a wide range of conduct, including as business transactions, private conduct, social interactions, and penalties.
What is meant by management?The so-called Code of Lipit-Ishtar, which dates from approximately 1934 to 24 BC and contains the customary prologue, articles, and epilogue, is the source of Sumerian law. It covers topics like individual rights, marriages, successions, penalties, property rights, and contracts. To accomplish a goal, tasks must be organized and coordinated through management. Setting the organization's strategy and organizing the staff's efforts to achieve these goals by utilizing the resources at hand are examples of such administration activities. The four most common types of managers are team leaders, first-line managers, middle managers, and top managers.Getting the work or task done that is necessary for attaining an organization's goals in an efficient and effective way is the definition of management.To learn more about management, refer to:
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edison consulting received a $330 utilities bill and immediately paid it. edison's general journal entry to record this transaction will include a:
Debit to Utilities Expense account for $330 and a credit to Cash account for $330. This entry records the recognition of the expense incurred and the payment of the bill, which results in a decrease in cash.
Debit to Utilities Expense account: The first step in recording the transaction is to debit the Utilities Expense account, which represents the cost of the services that Edison has consumed, such as electricity, gas, and water. The debit amount will be $330, which is the amount of the bill that Edison has paid.
Credit to Cash account: The second step is to credit the Cash account, which represents the reduction in the company's cash balance as a result of paying the bill. The credit amount will be $330, which is the same as the debit amount to the Utilities Expense account.
Date and Description: The next step is to indicate the date and description of the transaction, such as "Paid utilities bill in the amount of $330 on [date]." This information will help provide context and understanding of the transaction in the future.
Source Document: The fourth step is to attach a source document, such as the utilities bill, to the journal entry. This document will support the accuracy and validity of the transaction and serve as a reference for future audit purposes.
Posting to Ledger: The final step is to post the journal entry to the ledger, which is a permanent record of all financial transactions. The ledger will show the debit and credit accounts, amounts, and description of the transaction. This information will be used to create financial statements, such as the balance sheet and income statement, to provide an overall picture of the company's financial position and performance.
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a manufacturing firm uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs, based on machine hours required. at the beginning of 2019, the firm expected to incur the following:
You can calculate predetermined overhead fee via dividing the manufacturing overhead fee via the exercise driver. For example, if the pastime driver was machine-hours, then you would divide overhead expenses through the estimated range of computer hours.
What is the predetermined manufacturing overhead rate predetermined manufacturing overhead rate?A predetermined overhead price is calculated at the begin of the accounting duration by means of dividing the estimated manufacturing overhead via the estimated undertaking base. The predetermined overhead price is then utilized to production to facilitate figuring out a general price for a product.
The use of predetermined overhead fees can assist easy fluctuations in real overhead prices due to periodic variations (such as seasonal changes). This will make sure that product costs continue to be regular over the year.
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https://brainly.com/question/26372929#SPJ4suppose that jacques, an economist from a consulting firm, and kyoko, another economist from a university in florida, are both guests on a popular science podcast. the host of the podcast is facilitating their debate over budget deficits. the following dialogue represents a portion of the transcript of their discussion:
The disagreement between these economists is most likely due to Central banks should focus more on maintaining low unemployment than on maintaining low inflation.
A collection of products and services are measured for inflation over a given time period, often a year, to determine how much more costly they have become. One of the most well-known economics terms is possibly this one. Long stretches of instability have been caused by inflation in many nations. To gain the reputation of "inflation hawks," central bankers frequently strive. In the field of economics, inflation is the overall rise in the cost of products and services across a country's economy. A decrease in the buying power of money results from an increase in the overall price level, which makes each unit of currency purchase less in goods and services. This is why inflation is a result of rising prices generally. Low inflation may potentially undermine the economy, even as high inflation might be bad.
the complete question is:
Suppose that Shen, an economist from a consulting firm, and Valerie, another economist from a university in Florida, are both guests on a popular science podcast. The host of the podcast is facilitating their debate over health insurance. The following dialogue represents a portion of the transcript of their discussion:
Valerie: A popular topic for debate among politicians as well as economists is the idea of providing government assistance for health
benefits.
Shen: I think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for
those who are obese.
Valerie: I disagree. I think government funding of health insurance is useful to ensure basic fairness.
1. The disagreement between these economists is most likely due to __________ . Despite their differences, with which proposition are two economists chosen at random most likely to agree?
i) Business managers can raise profit more easily by reducing costs than by raising revenue.
ii) Central banks should focus more on maintaining low unemployment than on maintaining low inflation.
iii) Employers should not be restricted from outsourcing work to foreign nations.
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in determining how to group the employees into organizational units, the intensity with which they need to collaborate with one another is less important than the need for social harmony.
The given statement ''in determining how to group the employees into organizational units, the intensity with which they need to collaborate with one another is less important than the need for social harmony'' is false.
What is social harmony?The process of valuing, expressing, and promoting love, trust, admiration, peace, harmony, respect, generosity, and equity towards other members of any given society, regardless of their weight, marital status, ethnicity, colour, gender, race, age, and occupation, among other characteristics, is known as social harmony.The Harmonious Society is a socioeconomic idea that has gained recognition in China as a response to the growing social discord and inequality that are allegedly forming in mainland Chinese society as a result of unfettered economic expansion.Social harmony is the state of peace that exists when all of the people in a society are connected by a common tie.Learn more about social harmony refer to :
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The definition of ___________ ___________ states: skills that involve the ability to picture the organization as a whole and the relationship among its various parts.
A. technical skills
B. human relations
C. operational skills
D. conceptual skills
The definition of conceptual skills states is skills that involve ability to picture organization as whole and relationship among its various parts.
What are conceptual skills?Conceptual skills help professionals avoid falling into the cliched trap of failing to "see the forest for the trees." These skills imply that you are imaginative and able to process abstract ideas and concepts. Conceptual skills enable comprehension of how an organization's various parts interact to achieve its aims. Managers are responsible for making sure that everyone under their supervision is working toward the company's overall goals. Both upper and middle managers must avoid becoming bogged down in the details of day-to-day operations and keep the "big picture" goals of the organisation in mind. Even though you have a particular list of responsibilities, it is always helpful to understand how your specialised tasks fit into the overall picture of your organisation.
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which of the following will not cause demand for oranges to change?a a reduction in the price of orangesb an increase in incomec a reduction in the price of a complement for orangesd a decrease in the number of consumers in the market
A reduction in the price of oranges will not cause the demand for oranges to change. Option A.
Any change in the demand for goods occurred due to the change in the other factors except the price of that good then this change is known as either increase in demand or a decrease in demand.
And if any change in demand for a good occurs due to the change in the price of that good, other factors remain constant, then this change is known as either increase in quantity demanded or a decrease in quantity demanded. Therefore, a reduction in the price of oranges will not cause the demand for oranges to increase or decrease.
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Which of the following choices best complete the following statement? Explain. A investor with a higher degree of risk aversion, compared to one with a lower degree, will most prefer investment portfolios. a. with higher risk premiums b. that are riskier (with higher standard deviations) c. with lowers Sharpe Ratio d. with higher Sharpe Ratio
A risk-averse investor will favour investment portfolios with lower risk premiums more than one who has a lesser level of risk aversion. This is because these portfolios have lower standard deviations and therefore less risk, meaning that they are unlikely to lose as much money in the event of an economic downturn.
What do you mean by economic downturn?
An economic downturn is a period of time in which an economy experiences a sustained decrease in production and employment, leading to a decrease in economic growth. During an economic downturn, businesses reduce output and investment, leading to a decrease in consumer demand and spending, resulting in a decrease in economic activity. This decrease in economic activity leads to a decrease in business profits, and a decrease in employment and wages. The result is a decrease in consumer confidence, which can lead to decreased spending, leading to further decreases in economic activity.
During an economic downturn, governments can intervene to help stimulate the economy, such as through tax cuts and increased spending.
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if counsel is a part of the executive management team the counsel is referred to as______ (choose two correct answers.)
if counsel is a part of the executive management team the counsel is referred to as in-house counsel/general counsel
What is the role of a management team?
Setting shared objectives and providing assistance and techniques for achieving them improve teamwork among groups of employees. To keep the team on track and moving forward, managers may assign tasks to team members, establish brief checkpoints, and other strategies.
The executive management of a company often consists of the leaders of its product and/or geographic units as well as functional executives like the chief financial officer, chief operating officer, and chief strategy officer.
In project management, senior management approves project funds. For instance, general counsel is sometimes the title given to the highest-ranking in-house attorney inside a legal department. This individual is typically a c-suite executive, such as the COO or CFO of a corporation.
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an accident at a u.s. refinery killed two workers. by gathering information about how the men died in order to prevent a recurrence, the company used___control.
An accident at a U.S. refinery operated by Valero killed two workers. By gathering information about how the men died in order to prevent a recurrence, Valero used feedback control.
What is feedback control?
A control system that uses feedback to analyse the disparity between actual and expected performance can then make the necessary modifications. Setting up feedback control is crucial because it offers the team a goal to work toward and a course to take. Each employee works hard to complete the task to the best of his ability in order to earn his spurs during the evaluation that follows. To encourage team members, managers frequently give incentives like bonuses and appreciation to top performers. On the other hand, team members who perform poorly are exposed.
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mercantilist theory led nations to multiple choice attempt to outlaw international trade. encourage both imports and exports. curtail but not prohibit imports and exports. impose restrictions on imports and encourage exports.
Mercantilist theory led nations to curtail but not prohibit imports and exports. It is based on the idea that a nation's wealth is determined by the amount of its gold and silver holdings.
What do you know about Mercantilist theory?Mercantilist theory is an economic theory that was popular in Europe during the 16th-18th centuries. It is based on the idea that a nation's wealth is determined by the amount of its gold and silver holdings. According to this theory, a nation should strive to increase its gold and silver holdings by engaging in activities such as controlling trade, encouraging exports and discouraging imports.
Mercantilist policies were used to support state-controlled monopolies, and the idea that a nation should strive for a positive balance of trade. This theory was challenged in the 18th century by the theories of Adam Smith and other classical economists, which argued that economic growth was best achieved through free markets.
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Question:-
Mercantilism maintained that government regulation of trade was
a. detrimental because it interfered with free trade.
b. not justified because it interfered with the rights of merchants to do business as they thought best.
c. necessary to prevent wealthy countries from taking advantage of poorer countries.
d. necessary to provide the greatest national benefit because individual merchants tended to look after their own interests and not the national interests.
true/falsr. if miguel expects to earn a higher income next month, he may choose to question 4 options: save more now and spend less of his current income on goods and services. save less now and spend more of his current income on goods and services. decrease his current demand for goods and services. move along his current demand curves for goods and services.
Option B is correct, save less now and spend more of his current income on goods and services.
What Is the Demand Curve?The demand curve is a graphical representation of the relationship between the price of an item or service and the amount demanded over a given period of time. The cost will often be shown on the left vertical axis, while the quantity required will typically be shown on the horizontal axis.
What is goods and services?Services are actions completed for the benefit of the recipients, whereas goods are tangible products made available to customers. Several examples of items include furniture, clothing, and automobiles. Services like consulting, housekeeping, and legal advice are a few examples.
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