The primary objective of financial accounting information is to provide useful information about an economic activity that is useful to capital providers.
Financial accounting demonstrates the procedures of dealing with the summary, analysis, and reporting of financial transactions related to a business. These transactions are organized in the form of financial statements, including the balance sheet, income statement, cash flow statement, and so on. This branch dictates the rules for financial recordkeeping.
Both local and international accounting standards determine financial accountancy. Financial accounting is very much important since it aids businesses to keep track of their financial transactions. It also helps to communicate business finances to outside parties such as creditors and investors.
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In the library of a small town, the mean cost of new books is the same as the median cost of new books. the distribution of book costs is:_________
In the library of a small town, the mean cost of new books is the same as the median cost of new books. the distribution of book costs is: symmetrically distributed.
What is the meaning of symmetrical distribution?This is what happens when the value of a particular variable are known to happen in a way that they would be at regular frequencies and would also have to occur at the same point. This is when it has to do with the mean, the mode and the median.
Hence we can say that In the library of a small town, the mean cost of new books is the same as the median cost of new books. the distribution of book costs is: symmetrically distributed.
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A declaration or public statement of professional standards of right and wrong conduct- subscribed to by the members of an association-defines a(n)?
A declaration or public statement of professional standards of right and wrong conduct- subscribed to by the members of an association-defines Code of Ethics.
What is Code of Ethics?
A code of ethics is a set of rules intended to help professionals conduct themselves in an honest and morally upright manner. A code of ethics document may describe the goals and objectives of the corporate or organization, the methods that experts should use to unravel challenges, the moral standards that the company or organization upholds, and other information.
An "ethical code," often referred to as a code of ethics, may cover topics including corporate ethics, a code of professional practice, and an employee code of behavior.An organization's ethical standards and best practices for honesty, integrity, and professionalism are outlined during a code of ethics.The consequences of breaking the organization's code of ethics for members might include termination.
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Supply is defined as the _____ over a particular time period at various prices, holding all other relevant factors constant.
Supply is defined as the maximum amount of a product that sellers are willing and able to provide sale over some time period at various prices, holding all other relevant factors constant.
What is supply?Supply is the total amount of goods or services that a seller or producer is willing and able to sell at various prices. In line with the law of supply, it is expected that there would be a positive relationship between price and supply.
This means that as price increases, the supply increases. When price declines, the supply decreases. This is the reason why the supply curve slopes upward.
Here is the complete question:
Supply is defined as: al the minimum amount of a product that sellers are willing and able to provide a) for sale over some time period at various prices, holding all other relevant factors constant. the minimum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that sellers are willing and able to provide d) for sale over some time period at various prices, holding all other relevant factors constant.
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Why is the ability to maintain attention especially important in middle childhood? because ____.
The ability to maintain attention especially important in middle childhood because that is when children enter school
Reason :
Parents expect their children to be able to acknowledge and achieve simple directions and tasks. That is when children enter school.
What two advances occur during middle childhood?
During middle and late childhood children make strides in various fields of cognitive function like the ability of working memory, their ability to concentration , and their use of memory remembrance . Both changes in the brain and experience foster these abilities.
Cognitive strategies are sets of mental processes that are consciously implemented to monitor thought processes and content in order to achieve goals or resolve problems. Self-regulation theories of behavior regulate on cognitive strategies as playing a crucial role in guiding goal-directed behavior.
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jill is selling her property and hired david as her agent. david brings another client, kirk, to see the property, which kirk is interested in purchasing. what kind of agent is david acting as in this scenario?
David is acting as a dual agent here.
A dual agent is a person who represents the both buyer as well as the seller in any transaction. Dual agents and designated agents are generally confused. However unlike a dual agent assigned agents are those two individuals who represent the buyer and the seller separately.
The assigned agents may also work for the same brokerage firm.
With the assigned agents one can also rest assured that someone is looking out for the best interests. As a result of this many buyers and sellers choose to work with a specific agent in order to ensure that their realtor is an actively looking person for their best interests.
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The category of information system that is used to process business event data at the operational level of the organization is __________.
The class of records system this is used to procedure business event facts at the operational stage of the corporation is Transaction processing structures (TPS).
A transaction process system (TPS) is a facts processing gadget for enterprise transactions regarding the gathering, change, and retrieval of all transaction records. characteristics of a TPS include overall performance, reliability, and consistency. TPS is also known as transaction processing or real-time processing.
Transaction processing is a manner of computing that divides paintings into individual, indivisible operations, called transactions. A transaction processing device is a software program gadget, or software program/hardware mixture, that supports transaction processing.
A Transaction processing structure (TPS) is an automated system that performs and information the everyday ordinary transactions important to behavior enterprise. Examples are sales order entry, motel reservation structures, payroll, employee document retaining, and delivery.
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Preferred stock can be issued to raise money without giving up control. True or false
Answer:
True
Explanation:
Alex decided to spend an hour drying her hair rather than studying. her opportunity cost is:______. group of answer choices
The opportunity cost of Alex's decision to spend an hour drying her hair instead of studying is the improvement in her grades from an hour of study.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another. The difference between the anticipated returns of each alternative is all that needs to be considered when estimating an opportunity cost. The determination of a company's capital structure involves opportunity cost analysis in a significant way.
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Risk analysis is a field of study that has been active for the last 100 years. true false
False, Since the turn of the century, the field of study of risk analysis has been active.
What Is Risk Analysis?Risk analysis is the process of determining the risk that a negative event may occur in the corporate, governmental, or environmental sectors. Risk analysis is the study of the underlying uncertainty of a given course of action and refers to the uncertainty of anticipated cash flow streams, the variation of portfolio or stock returns, the likelihood that a project will succeed or fail, and potential future economic conditions.
Risk analysts commonly work with forecasting experts to lessen the likelihood of unpleasant unexpected occurrences. Risk is a necessary component of all businesses and people's lives since benefits are less likely to occur without it. The issue is that taking on too much risk can end in failure. By analyzing the risks involved, it is possible to strike a balance between taking risks and minimizing them.
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The demand curve for macadamia nuts is downward sloping. this slope is because consumers maximize their utility and an increase in the price of macadamia nuts leads to?
The demand curve for Macadamia nuts is downward sloping. this slope is because consumers maximize their utility and an increase in the price of macadamia nuts leads to "Macadamia nuts increase the marginal utility per dollar."
What is demand curve?The demand curve depicts the relationship between both the price of a good or service and thus the quantity demanded over a given time period.
Some key points related to demand curve are-
The demand curve would then move downward from left to right, expressing the law of demand—as the price of a given commodity rises, so does the quantity demanded, all else being equal.It is important to note that such a formulation assumes that price is indeed the independent variable and quantity is the dependent variable. Most disciplines place independent variables on the horizontal or x-axis, but economy is an exception.For instance, if a price of corn rises, customers will be incentive to purchase less corn but also replace it for other food products, resulting in a decrease in total corn consumer demand.To know more about the demand curve, here
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a broker acts as an agent in all of the following functions except: select one: a. leasing property b. selling property c. appraising property d. exchanging property
A broker acts as an agent in all of the following functions except: exchanging property.
Broker is a term which is used for an individual who charges a commission for executing buy and sell orders. They play an important role for guiding the buyer through all the related paperwork.
The one of the most important function of a broker is only to solve a client's problem for some fee. Secondary functions are such as lending to clients for margin transactions, and it also involves providing information support regarding the situation on trading platforms.
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The use of historical evidence or legal studies by feminist researchers shows their willingness to use what kind of approach?
The use of historical evidence or legal studies by feminist researchers shows their willingness to use a multidisciplinary approach
This is further explained below.
What is a multidisciplinary approach?Generally, Taking a multidisciplinary approach means pulling suitably from several fields of study in order to redefine issues outside of their regular bounds and arrive at answers based on a fresh knowledge of complicated scenarios.
The term "feminism" refers to a variety of sociopolitical groups and philosophies that seek to define and create legal, economic, personal, and social equality between the se/xes. Feminism may be broken down into many subcategories.
In conclusion, The willingness of feminist academics to use a multidisciplinary strategy is shown by the inclusion of historical facts and legal studies in their study.
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An employee organization that represents hourly workers as opposed to salaried employees is called a(n) ______.
An employee organization that represents hourly workers as opposed to salaried employees is called a union.
What is union?Labor unions and trade unions are organizations started by workers in related fields to advance the interests of their members. They offer support to workers on issues like pay parity, fair working conditions, and benefits.
The benefits you cherish, such as appropriate salary increases, affordable health insurance, job security, and a regular schedule, are guaranteed by a contract that is created and upheld by union members and management. speaking at work. better working conditions, free from retaliation worries.
An illustration is the merging of two people. An example of a union is a group of autoworkers who have united to negotiate the terms of their collective bargaining agreement. either the act or state of being united.
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When podcasts are used internally in an organization, how are they used? check all that apply.
When podcasts are used internally in an organization, they are used as communication tools.
Podcasting has been adopted by businesses to broadcast repetitious information that does not require engagement.
Some businesses, for example, utilize podcasts to broadcast HR rules that may be accessed on demand. Podcasts are mostly used to develop and distribute a series of educational films and audio casts to internal and external clients.
What are Podcasts?A podcast is a collection or series of digital audio recordings that may be downloaded or listened to through the Internet.
A podcast episode is the name given to each individual audio recording. Podcasts are usually hosted by one or more people who conduct a conversation, tell anecdotes, or report the news.
What is the disadvantage of a podcast?The downsides of podcasting include time commitment, inability to search, accessibility issues, and a small audience. Podcasts take a long time to download, especially if the file is enormous. It is not always simple to find podcasts.
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Which bones permit the attachment of muscles that assist in arm movement and serve as a place for the attachment of the arms?
Scapulae permits the attachment of muscles that assist in arm movement and serve as a place for the attachment of the arms
Scapulae
The bone that joins the humerus (upper arm bone) with the clavicle is called the scapula, often known as the shoulder blade (collar bone). The scapulae are paired, with each one on each side of the body being approximately a mirror image of the other. This is similar to how their linked bones are paired.Our scapula is located where in our body?The huge triangular-shaped bone known as the scapula, or shoulder blade, is located in the upper back. An intricate network of muscles surrounds and supports the bone, which helps you move your arm.To Learn more about Scapulae, Click the links.
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Which scenario is an example of loyalty to a company in a consumer's daily life?
The scenario that is an example of loyalty to a company in a consumer's daily life is Continuing to shop at Dunkin' Donuts even if Starbucks opens more convenient locations and offers slightly lower prices.
What is customer loyalty?Company loyalty can be described as the how concerns employees as well as the consumer is sticking with the organization instead of looking for work elsewhere.
It should be noted that Company loyalty do come as a result of the idea that the organization possesses nobility which the consumer or the employee have seen to be worth serving, hence The scenario that is an example of loyalty to a company in a consumer's daily life is Continuing to shop at Dunkin' Donuts even if Starbucks opens more convenient locations and offers slightly lower prices.
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Is the company's market-to-book ratio meaningful? is its book debt-equity ratio meaningful? explain
Because the book value of equity is negative in this case, Clorox's market-to-book ratio and its book debt-equity ratio are not meaningful. Its market debt-equity ratio may be used in comparison.
What is debt-equity ratio?The debt-to-equity ratio is a financial metric that shows how much debt and shareholder equity were utilized to finance the assets of a company. The ratio, often known as risk, gearing, or leverage, is closely related to leveraging. The debt-to-equity (D/E) ratio demonstrates how much equity and debt are being used by a company to finance its assets. The D/E ratio indicates the capacity of shareholder equity to pay creditors in the case of a corporate downturn. Debt to Equity Ratio = Total Debt / Shareholder Equity is a quick formula. Long formula: Shareholders' equity / (short term debt plus long term debt plus fixed payment obligations).
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A long-term note is valued at its:____.
a. present value.
b. market value.
c. maturity value.
d. face value.
Option [D] is the correct option.
A long-term note is valued at its face value.
What Is Face Value?When a corporation places stock or a bond on the market, par value, also known as face value, is a "static value" that is allocated. Par or face value, on the other hand, is constant. The stock or bond certificate will have the par value printed on it.
The dividend is calculated based on the par value of the preferred stock. However, since investors cannot purchase or sell shares at the par value, it is not especially important to them. Rather, common stock investors pay market value, which is established by supply and demand.
The par value of the majority of bonds is $100 or $1,000. Bond market value, which may be more or less than par value, is determined by interest rates and credit ratings.
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If dallas company billed a client for $16,000 of consulting work completed, the accounts receivable asset increases by $16,000 and:_____.
If Dallas company billed a client for $16,000 of consulting work completed, the accounts receivable asset increases by $16,000 and: revenue
What are impact of billing a client for consulting work?
The fact that a client is billed for work completed with an increase in assets, precisely, accounts receivable means there should a corresponding entry in another account class.
There would also be an increase in sales revenue because by billing for consulting work completed, in other words, performance of consulting services implies that the Dallas company has earned revenue regardless of whether or not the cash related to the transaction has been collected.
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Property, plant, and equipment and intangible assets are typically classified as _____ assets.
Property, plant, equipment, and intangible assets are typically classified as Fixed assets.
What are fixed assets?Fixed assets provide the business with long-term financial gain because of their prolonged useful lives. Fixed assets, often known as capital assets, are identified by the line item Property, Plant, and Equipment on the balance sheet. It is challenging to convert fixed assets into cash.
A company aims to use fixed assets in the long run to generate income."Property, plant, and equipment" is the most common term for fixed assets.A current asset is one that will likely be used or sold for cash within the next year.Noncurrent Assets also comprise intangibles and long-term investments in addition to fixed assets.Intangibles are amortized, whereas fixed assets are subject to depreciation to account for the decrease in value as the assets are utilized.To know more about fixed assets, visit:
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An example of a real estate asset that trades in the public equity market is: _______
a) real property.
b) home mortgages.
c) equity reits.
d) commercial mortgage backed securities (cmbs)
An example of a real estate asset that trades in the public equity market is Equity REITs. Option C
This is further explained below.
What is real estate?Generally, Real estate is a type of property that includes both the land and the structures that are located on it, as well as the land's natural resources, which may include things like crops, minerals, or water.
The equity market, sometimes referred to as the stock market and the share market is a venue for the trading of shares in businesses or other organizations.
The market provides a forum for buyers and sellers of equity or shares to engage in transactions together.
Over-the-counter stock trades and those conducted on regulated stock exchanges both take place in the framework of global finance.
In conclusion, Stock REITs are a kind of real estate investment that may be purchased and sold on the public equity market. Alternative C
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When lives are in danger, supply chain inefficiencies may result in suffering and/or casualties. helping people in need around the world is part of which emerging field?
Helping people in need around the world is part of which emerging field Humanitarian supply chain management
What exactly does "humanitarian supply chain management" imply??
The correct management of aid supplies for disaster victims is known as humanitarian supply chain management (HSCM), which aims to lessen their suffering and assist in the rehabilitation of the affected people.
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Owner investments cause a(n) _______(increase/decrease) in equity and are entered directly in owner's (capital/withdrawals/revenue).
Owner investments increase equity and are accounted for as capital belonging to the owner.
Owner investment, also known as contributed capital, refers to the amount of assets the owner invests in the business. To put it another way, this is the sum of money or other assets that the owner invests in the company to either launch it or maintain it.
A temporary equity account with a credit balance serves as the investment account for the owner. This increases the balance in the owner's capital account because the investment account is closed out at the end of each year. Investment can be compared to a financial gift from the owner to the business. The owner's capital account, which represents his ownership interest in the company, increases every time he contributes money to it.
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The major market index option contract is? i traded on the amex ii traded on the cboe iii broad based iv narrow based
The Major Market Index option contract is traded on the amex and is broad based.
So, in case of major market index option contract both option i and iii are correct.
The bank gives $14,250 to Jones Company in exchange for them signing a $15,000, 12-month note. The business must make a $750 deduction to its discount on notes payable on the day Jones signs the note.
A liability account that is recorded in a company's general ledger is called notes payable. It is the place when borrowers formally commit themselves to paying back lenders. On the other hand, the lender would note this identical written guarantee in their account for notes receivable. A note payable account must be added in addition to an interest payable account if a business employs the accrual method of accounting. This is due to the fact that a promissory note entails the borrower paying interest, which results in an additional interest cost.
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Herrera corporation has total sales of $3,110,400 and costs of $2,776,000. depreciation is $258,000 and the tax rate is 21 percent. the firm is all-equity financed. what is the operating cash flow?
The operating cash flow for the given information is $318356.
What is operating cash flow?The amount of cash created by a company's typical business activities is measured as operating cash flow (OCF). Operating cash flow reveals whether a firm can create enough positive cash flow to sustain and increase its operations; otherwise, external finance for capital growth may be required.
The computation of the operating cash flow is done as follows-:
Sales 3110400
(-) COGS (2776000)
EBITDA 334400
(-) Depreciation (258000)
=EBIT 76400
(-)Interest 0
= Earning before tax 76400
(-)Tax 0.21 (16044)
318356
= Net Income or Earnings After Tax, 16044 (0.21 *EBIT)
= Operating Income (EBIT)
= 318356 (EBIT + Depreciation - Net Income or earnings after taxes)
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Sammy salt is an exempt employee and earns $275,000 per year. if sammy was paid on a weekly basis, what would his gross pay be? (course outcome ii / learning outcome ii)
Sammy salt is an exempt employee and earns $275,000 per year. If Sammy was paid on a weekly basis, his gross pay will be $5,288.46
Who is an exempt employee?A person who is exempt from overtime pay or minimum wage regulations is referred to as an exempt employee (or both). Due to the specific duties and obligations that they have, exempt personnel is placed in a distinct category.
The exemption is typically present in international legal frameworks as well as American labor regulations. The law is known as the Fair Labor Standards Act in the United States (FLSA). Its main objective was to establish a federal standard for how salaries and hours should be determined for both private and governmental employers.
Other types of workers may also be exempt from earning overtime pay in addition to the principal exempt categories. These include farm workers, movie theater employees, some nonmetropolitan broadcast station staff, taxi drivers, railroad, motor carrier, and American vessel employees, as well as commissioned sales personnel working for retail or service businesses.
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There are four leadership constructs in the transformational leadership model by burns and bass. one of their constructs is?
The Burns and Bass Transformational Leadership Model includes four leadership constructs. Individualized Consideration is one of their constructs.
The capacity to influence and direct followers or other members of an organization is referred to as leadership. Making wise and occasionally challenging decisions, defining and communicating a clear vision, setting realistic goals, and empowering subordinates with the information and resources they need to reach those goals are all aspects of leadership. Most facets of society, including business, politics, local communities, and nonprofit groups, demand leaders. Successful leadership paves the way for followers to follow. It establishes a course, creates a vision, and changes course as needed. Developing a strategy for your team to "win" involves leadership.
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A treasury security in which periodic coupon interest payments can be separated from each other and from the principal payment is called a:________
A STRIP is a Treasury securities that allows periodic coupon interest payments to be decoupled from one another and from principal payments.
Nothing communicates the safety of primary more effectively than Treasury securities when it comes to conservative investments. These products have served as the last line of defense against any potential principal loss for decades, serving as a stronghold of safety in the turmoil of the investing markets. These assets' guarantees are in fact considered as one of the major pillars of both the local and global economies, and they are appealing to both individual and institutional investors for a variety of reasons.
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With all the money they could potentially win, the game show contestants were __________ to start playing.
The fill in the blanks is eager
A participant in a game or competition is referred to as a contestant. Many beauty pageants require their competitors to perform a skill, such as singing or dancing, in addition to being attractive. A contestant is a participant in a competition or someone who challenges an individual or an award. According to the case of Re Interest of LW v., a contender in a child custody dispute is "a person, including a parent, who claims a right to custody or visitation of a child." A contestant is a person who participates in a game or competition.
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Because income measurement involves ________, net income from different companies may not be able to be compared directly.