Privatization. When former communist countries removed price controls, they allowed prices to be set as the result of supply and demand, which is a form of privatization.
What is communist?Communism is an economic and political system based on the common ownership of the means of production and the absence of social classes, money, and the state. Communism is based on the idea that all people are equal and should share in the wealth of society.
This is because the government no longer sets the prices, but instead private companies are allowed to set their own prices based on the principles of supply and demand.
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. facility or property? apartment building commercial office building bank building courthouse complex city hall army base residential shopping center school district
Apartment building- Facility
Commercial office building- property
Bank building- Property
Courthouse complex- facility
City hall- Facility
army base- Facility
Residential shopping centre-Facility
School building- Property
What function does a facility serve?
The security, upkeep, and services of workplaces are the responsibility of facilities managers who must make sure that they satisfy the requirements of the organization and its staff.
The services that enable a company or other organization to carry out its mission are practically all under the control of facilities management.
What distinguishes property management from facility management?
Owner representation is provided by the property manager. They determine how the building would create income and when to hold or sell the building. Usually, they'd delegate the facility manager's responsibility for the minor jobs.
It goes without saying that the duties and obligations are based on the size of the building and the portfolio.
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assume that the market for bottled water is in equilibrium. if both the supply of and the demand for bottled water decrease, what will be the effect on equilibrium price and quantity?
Demand and supply decline, which results in a fall in the equilibrium quantity and a possible increase, decrease, or stability in the equilibrium price.
What happens if there is an increase in the demand for bottled?The demand curve for bottled water will move to the right as demand rises. Both the quantity and the price will rise as a result. The cost of bottled will decrease because supply growth outpaces demand growth. The amount at equilibrium will rise.
When supply and demand rise simultaneously, what happens to equilibrium?The equilibrium price falls if the increased supply is greater than the rise in demand. Equilibrium quantity rises in both scenarios. When supply and demand are both rising, the equilibrium quantity increases, but the change in The price of equilibrium is unclear.
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an accountant has compiled the financial statements of a nonissuer in accordance with statements on standards for accounting and review services (ssars). does ssars require that the compilation report be printed on the accountant's letterhead and that the report be manually signed by the accountant?
SSARS does not require that the compilation report be printed on the accountant's letterhead and that the report be manually signed by the accountant. It is not necessary.
What are the roles of an accountant?
Budgets for business spending should be analyzed and contrasted so that decision-makers can select the best option. Observe the assets and liabilities of the company. preparing invoices and making sure they abide by the laws in the nation where your company conducts business. The accountant is responsible for managing the company's bank accounts, so be sure to pick someone who you are confident is qualified for the position. They'll keep an eye out for inconsistencies in the records of income and expenses.
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In modern organizations, _____ are the most important resource.
The most precious asset is human resources, or the people who work in the organization. Human resource management refers to the process of hiring, training, and compensating employees.
Which resources are also most important to a company?It's the people's fault. Employees are indeed the main driver behind any organization's success. They create and build products, market the product, the sales team sells the product, and a group of staff provides customer support.
What is one method for incorporating ethics into marketing strategy ?The first step in incorporating ethics into a promotional strategy is to ensure that all adverts are truthful. In the case of Jimmy's business, he was dishonest.
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What is Mandatory Spending? What is Entitlement Spending?
Both mandatory and entitlement spending are categories of federal spending that are governed by laws that Congress has passed and become law. How the benefits are calculated and paid out is the main distinction between the two.
What is Mandatory vs Entitlement Spending?Spending on the federal level that is mandated by current laws and regulations is referred to as mandatory spending. The funding is not governed by the annual appropriations procedure, hence the term "mandatory." The money is instead routinely authorized for use and automatically stored away. Social Security, Medicare, Medicaid, the Supplemental Nutrition Assistance Program (SNAP, formerly known as food stamps), and the interest on the national debt are a few examples of mandated spending programs.
Spending that is required and for which qualified people have a right to receive benefits from the government is known as entitlement spending. Programs with legal eligibility requirements are known as entitlements, and once someone meets the requirements for receiving benefits, they have a right to those benefits regardless of the amount of funding that is available. The largest entitlement systems in the US, Social Security and Medicare, pay payouts to millions of eligible people each year.
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in a neighborhood there are five houses listed for sale for the following amounts: $250,000; $275,000; $280,000; $295,000; and $515,000. what is the best measure of central location for the price of a house in the neighborhood?
The median price is a better indicator of a home's average value and is the best measure of a central location for the price of a house in the neighborhood.
How are house prices determined?The state of the economy, interest rates, real income, and changes in population size all have an impact on the housing market. In addition to these demand-side factors, available supply will influence house prices.
Because a few unusually high or low prices can skew the average price, it is not an accurate indicator of the current state of the property market to use median prices instead of average prices.
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in order to produce a new product, a firm must lease equipment at a cost of $105,000 per year. the managers feel that they can sell 51,000 units per year at a price of $76. what is the highest variable cost that will allow the firm to at least break even on this project?
The highest variable cost that will allow the firm to break even on this project is $49,756.
Calculation:
Total Revenue = 51,000 units * $76 = $3,876,000Total Cost = $105,000 + Variable CostBreak Even Point = Total Revenue = Total Cost$3,876,000 = $105,000 + Variable CostVariable Cost = $3,771,000The highest variable cost that will allow the firm to break even on this project is $49,756. This means that the firm must find a way to keep their variable costs below this amount in order to make a profit from this project. If the variable costs exceed this amount, the firm will not be able to cover its costs and will not make a profit.
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which of the following would normally be expected to result in an increase in the supply of funds, all else equal? i. the perceived riskiness of all investments decreases. ii. expected inflation increases. iii. current income and wealth levels increase. iv. near term spending needs of households increase as energy costs rise.
Current income and wealth levels increase would normally be expected to result in an increase in the supply of funds, all else equal.
Given current income and wealth levels, we can normally expect an increase in the supply of funds, ceteris paribus. This is because an increase in income and wealth leads to an increase in saving, which increases the amount of funds available in the economy.
All else being equal, this can lead to more borrowing and investment activity, thus resulting in an increase in the supply of funds. Therefore, income and wealth levels can have an impact on the availability of funds in the economy.
Hence, the correct option is "iii"
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the price elasticity of demand for an item is impacted by: the number of available substitutes. the time available to adjust to price changes. whether or not the item is a necessity. all of these options.
Price elasticity of demand is impacted by the number of substitutes of the good, time available to adjust to prices and whether the item is a necessity.
The correct answer is: all of these options.
1. If more substitutes are available then demand for the good will be elastic as consumers will shift to the use of other good if the price of one good increases.
2. If consumers have greater time to adjust to the increase in prices then the price elasticity of demand for the good will be impacted.
3. Necessities are usually price inelastic as they need to be consumed even when price rises.
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you expect to receive $39,000 at graduation in two years. you plan on investing it at 10 percent until you have $174,000. how long will you wait from now? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
You will have to wait 14.45 years from now.
Matching your financial goals and objectives with your available resources is the process of investment planning.
Financial planning's foundational element is investment planning.
The process of investment planning starts once your financial goals and objectives are defined.
Investments come in different kinds. Cash, stocks, bonds, and real estate are the most frequently used assets.
Each of these has unique qualities, and a sound investing strategy would typically include all of them.
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databases used by marketers may include information that is either _______ or _______.
Databases used by marketers may include information that is either internal or external.
What are databases, and what different types are there?The two main types or categories of databases are relational or sequence databases and non-relational or non-sequence databases, also known as no SQL databases. Depending on the type of data and functionality needed, an organisation may use them separately or in combination.
What are the four database features?Database systems are created to adhere to the ACID characteristics. The attributes of ACID include atomicity, consistency, isolation, and durability.MongoDB is almost one hundred times faster than Relational Database Management System and is suitable for storing hierarchical data (RDBMS).
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What is the present value of $127.63 to be received in 5 years at a 5% interest rate?
Using a standard calculator, input $127.63 and divide it by five using the rule of 1.05. This yields the present value of the $127.63 estimated to be received in five years. It comes to $100.
How do you calculate the present value of five years?According to the present value formula PV = FV/(1+i)n, the future value is equal to the present value divided by the sum of 1 plus the interest rate per period increased to the number of time periods.
If money is worth 6% compounded semi-annually, what is the present value of a simple annuity of $5,000 payable semi-annually for 10 years?In the event that money is available, determine the present value and the quantity (future value) of a standard annuity of P5,000 payable semi-annually for 10 years.
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alexandria borrowed $7,500 for one year and paid $750 in interest. the bank charged her a $25 service charge. if she paid this back in 12 equal monthly payments, what was the apr
The answer is 14.5% , if she paid this back in 12 equal monthly payments, the APR was 14.5%.
What does the word "bank" mean?A financial institution that is permitted to offer credit and take deposits is referred to as a bank. These institutions may also provide financial support in the form of capital management and foreign exchange. Locker services are another term for safe deposit boxes.
Why is a bank called a bank?Since Italian merchants in the Renaissance established negotiations to borrow and lend money next to a bench, the word bank is derived from the Italian word banco, which means bench. They put the cash on that bench. Basic accounting records have existed since the dawn of time.
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Which situation contributed to the problem described in this excerpt?
a. Homelessness caused by unemployment during the Great Depression
b. Using peaceful protests and acts of civil disobedience
c. People relied more on the federal government for assistance
d. An increase in the number of economic opportunities
The issue in this excerpt was exacerbated by homelessness brought on by the Great Depression's high unemployment rate.
What is the primary cause of homelessness?Poverty is a result of stagnant salaries, unemployment, and sky-high housing and medical expenses. A person or family's risk is significantly increased if they are unable to meet basic needs including food, shelter, education, and other necessities.
What are the main reasons why people are homeless today?Homelessness has both socioeconomic issues including a lack of affordable housing, poverty, and unemployment as well as personal concerns brought on by a person's living situation. Homelessness is caused when a person has nowhere to go after leaving an institution, the military, or a prison.
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all points outside the production possibility frontier are: regions of economic growth. infeasible. inefficient. efficient.
All spots outside the production potential frontier are infeasible, rendering option B the correct choice.
What is intended by the phrase "production possibility frontier"?
The Production Possibilities Frontier (PPF) graph shows all the output combinations of two products that can be produced using the resources and technology in use at the time.
What is the best way to explain a production possibilities curve?
The Production Possibilities Curve (PPC) is a model that portrays scarcity and the opportunity costs of alternatives when given the choice between producing two goods or services. Points are inefficient within the PPC, efficient within the PPC, and unreachable outside the PPC.
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on october 1, 2024, pastina signed a $50,400 note that requires interest to paid annually on september 30 at 12% and will have principal due in 10 years. prepare the necessary adjusting entry on december 31, 2024.
In finance and economics, interest is the payment by the borrower or deposit-taking financial institution to the lender or depositor of an amount in excess of the repayment of the principal at a specified rate.
It is different from a fee that a borrower pays to a lender or a third party.
Requirement 1:
Be prepared to adjust your entries as follows:
Item Account and Description Debit Credit
1. Depreciation = $12,000
Accumulated Depreciation - Equipment = $12,000
To record depreciation expense adjustments
2. Salary is = $1,800
Unpaid salary = $1,800
Record labor cost adjustments
3. Interest expense = ($54,000 × 12%) × 3 ÷ 12 = $1,620
Interest expense = $1,620
Recognizing interest expense adjustments
4. Interest received ($24,000 × 8%) × 10 ÷ 12 = $1,600
Interest income = $1,600
Recognition of accrued interest income
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which of these theorists can be credited with the development of management theory and the scientific management of labor?Frederick TaylorHenry GanttFrankLillian Gilbreth
The correct answer is option a. Frederick Taylor is credited with the development of management theory and the scientific management of labor.
Frederick Winslow Taylor is called the Father of Scientific Management, that later also came to be known as “Taylorism.” He believed that it was the role and responsibility of manufacturing plant managers to determine the best possible way for the worker to do a particular job, and to provide the proper tools and training accordingly.
The four principles of Taylor's scientific management are:
Science, that is not a rule of thumb. Harmony, that is not a discord. Cooperation, that is not a individualism.Development of each and every person to his/her greatest possible efficiencyTo know more about Scientific management refer to-
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Complete question
which of these theorists can be credited with the development of management theory and the scientific management of labor?
a. Frederick Taylor
b. Henry Gantt
c. Frank Lillian Gilbreth
roberta has just hired two new employees to work in the quality control lab. she is now training them for their jobs. what managerial role is she playing here?
As she trains her new employees, Roberta is assuming the position of a coach or trainer. This position is a crucial one of her duties as a managerial because it ensures that her staff members have the abilities to perform task.
To know-how to do their tasks well. Robertta helps her staff members grow and develop by offering training, which can enhance productivity, work happiness, and ultimately the success of the business.
A crucial part of management is the coaching and training function, which is essential for creating and keeping a strong, capable, and motivated workforce. Yes, it is accurate to refer to Roberta's position as a coach as she instructs her new workers.
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lynbrook west, an apartment complex, has 100 two-bedroom units. the monthly profit, in dollars, realized from renting out apartments is given by
The monthly profit, in dollars, realized from renting out apartments is given by $30964
The monthly profit through leasing out x flats is represented by
P(x) = -11x^2 + 1804x - 43000
To maximize profit, we would equate the derivatives of both the function P(x) to reference to x to zero.
P'(x) = -22x + 1804
When P'(x) = 0,
-22x + 1804 = 0
22x = 1804
x = 82
We shall now take the second derivative,
P"(x) = -22
(-) The negative value of the second derivative reveals that the profit will be greatest if all 82 flats are rented.
For maximum profit,
P(82) = -11(82)^2 + 1804(82) - 43000
P(82) = -73964 + 147928 - 43000
P(82) = $30964
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The question is incomplete, the complete question is
Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartments is given by the following function. P(x) = -11 x^2 + 1804 x - 43,000 To maximize the monthly rental profit, how many units should be rented out?
units What is the maximum monthly profit realizable? $
which term or phrase used in a real estate advertising would generally be considered discriminatory no unemployed
The expressions would be considered discriminatory advertising is Convenient to St. Paul's Catholic Church
Advertising is a form of communication that aims to persuade an audience to purchase or take some action upon products, services or ideas. It is important to understand that advertising should not be discriminatory or offensive in nature, as it can negatively impact individuals and communities.
B- "Convenient to St. Paul's Catholic Church" - This expression is not discriminatory on its face, but could be seen as discriminatory advertising if it implies a preference for one particular religion over others.
In general, it is important to avoid expressions that promote or perpetuate discriminatory beliefs or stereotypes, as this can contribute to a culture of discrimination and prejudice. In advertising, the goal should be to create messages that are inclusive and respectful to all individuals, regardless of their race, ethnicity, religion, gender, sexual orientation, or any other personal characteristic.
Complete Question:
Which of the following expressions would be considered discriminatory advertising?
A- "Japanese-style garden"
B- "Convenient to St. Paul's Catholic Church"
C- "Mother-in-law suite"
D- "Desirable neighborhood"
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the government lowers taxes on businesses at the same time that students receive their supply list for the new school year. what happens to quantity and price?
When the government lowers taxes on businesses, it generally leads to an increase in profits for those businesses.
With increased profits, businesses may choose to invest in new equipment, expand operations, or lower prices to increase demand for their goods and services. The net effect of these decisions will depend on the specific market conditions, such as the level of competition, the responsiveness of consumers to changes in price, and the overall state of the economy. In the case of the students receiving their supply list for the new school year, the lower taxes on businesses may result in lower prices for the goods on their supply list, such as school supplies and books. This, in turn, could lead to an increase in the quantity demanded of these goods, as consumers have more disposable income to spend on non-essential items. However, it is also possible that businesses may choose to keep their prices unchanged, despite the lower taxes, in order to maintain their profit margins. In this case, the quantity demanded may not change, as the lower taxes have not had a significant impact on the prices of the goods. In summary, the exact impact of the government lowering taxes on businesses on the quantity and price of goods, such as those on the students' supply list, will depend on a variety of factors, including the specific market conditions, the behavior of businesses and consumers, and the overall state of the economy.
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your neighbor mr.martin owns a small flower stand.he has decided toform a business franchise with a big company called flowers galore. what is one why?
One reason Mr. Martin might decide to form a business franchise with Flowers Galore is to benefit from the resources, expertise, and brand recognition of a larger and established company
By becoming a franchisee of Flowers Galore, Mr. Martin may have access to a proven business model, standardized operating procedures, marketing and advertising support, and a well-known brand name, which can help him grow his business and increase profitability. Additionally, the franchise agreement may provide Mr. Martin with training, ongoing support, and a sense of security, which can help him manage his business more effectively and make it more successful in the long term.
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one of the roles as a project manager is the implementation of process improvement activities that have been approved. during which process would you perform these activities? answers a. monitor and control project work b. direct and manage project work c. perform integrated change control d. develop project management plan
During B. Direct and Manage Project Work, a project manager can improvement activities that have been approved.
In the term of organizations and management, Direct and manage project work generally can be defined as a project management process that allows we to lead a team. In the position as direct and manage project work, we also have a liabilities to handle resources, and oversee the completion of a project. Direct and manage project work included all of the process comprises executing a strategy planned by a project manager and managing its interfaces.
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true or false? if a country passes laws to filter hate speech materials on the internet, those who create the materials can relocate their business to bypass these laws.
The statement - "if a country passes laws to filter hate speech materials on the internet, those who create the materials can relocate their business to bypass these laws" is true.
What is Hate Speech?Hate speech is defined as abusive or threatening speech or writing that shows prejudice based on ethnicity, religion, sexual orientation, or other factors. "We do not accept any sort of hate speech."
Online hate speech is speech that occurs online with the intent of assaulting a person or a group.
If a nation implements legislation to filter hate speech materials on the internet, people who develop the materials can relocate their businesses to avoid these regulations because these businesses are no longer governed by the government. Therefore, it can be concluded that the above statement is true.
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grantor c conveys a large house and land to his daughter and son-in-law to be theirs as long as they are married. one year later they are divorced. what happens to the property?
The property gets reverted back to grantor C one year later they are divorced.
What is divorce?Divorce is the legal procedure used to dissolve a marriage or other civil partnership. The legal obligations and responsibilities of marriage are typically cancelled or rearranged as part of a divorce, which dissolves the bonds of matrimony between a married couple under the laws of the specific nation or state. A recent national poll found that the primary cause of divorce among couples is a lack of commitment. The reasons provided and their percentages are shown below: Lack of dedication 73% Argue excessively 56% Following divorce, a couple frequently has negative impacts like diminished happiness, a change in their financial situation, and emotional issues. Children may experience issues with their academic performance, behaviour, or mental health.
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a manager in charge of new product development can hire engineers and market researchers. the annual salary of an engineer is $40,000 while a market researcher receives $20,000. the marginal contribution of engineers and market researchers are:
We hired a manager with an annual budget of $140,000, 3 engineers, and 2 market researchers, and used that money to develop as many new items as possible.
Annual budgets can be used for fiscal or calendar years. These budgets help writers make the necessary changes to meet their financial goals as they plan for the year ahead. Those who use annual budgets can better manage their finances. Annual budgets are essential and often required for planning purposes by businesses, governments, and other organizations. These help determine the sources of income and required expenses, as well as the assets, liabilities, capital, and cash flows used for discretionary expenditure, reinvestment, or debt management required to support operations for one year. increase.
An annual budget sets the company's projected income and expenses for a 12-month period. When preparing an annual budget, a company's revenue streams are weighed against its costs. In many cases, especially for non-individuals, the annual budget is backed up by balance sheets and cash flow statements. Annual budgets are used by individuals, businesses, governments, and other types of organizations that need to track their financial activities. An annual budget is considered balanced if the projected expenditure equals the projected income. If your spending exceeds your income, you have a deficit; if your income exceeds your expenses, you have a surplus.
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The complete question is:
a manager in charge of new product development can hire engineers and market researchers. the annual salary of an engineer is $40,000 while a market researcher receives $20,000. the marginal contribution of engineers and market researchers are: engineers (e) market researchers (r) worker additional new products worker additional new products 1st 240 1st 80 2nd 200 2nd 70 3rd 160 3rd 60 4th 100 4th 50 5th 40 5th 40 based on the above information, how should a manager with an annual budget of $140,000, allocate this budget in order to maximize the number of new products developed? hire one engineer and five market researchers hire two engineers and three market researchers hire three engineers and one market researcher hire four engineers and four market researchers.
a wearable technology company has priced one of its wristwatches at $210. most of its competitors sell similar watches at $180. selling anything less than $150 would result in a loss for the company. however, the absolute maximum a customer is willing to pay for it is $170. in this scenario, what is the reservation price of the wristwatch?
The wristwatch's reservation price of $170 represents the most amount a consumer is willing to spend on it. Yes, it is the most a consumer is prepared to spend on it. scenario
In the context of planning or decision-making, a scenario is a particular and imaginative depiction of a circumstance, an action, or a series of actions. It may also allude to an outcome that could occur in the future under specific circumstances or presumptions. By laying out and delving into probable outcomes of a decision or project, business scenarios are frequently used to plan for and get ready for various possibilities. Organizations may improve their ability to handle uncertainty and make wise decisions by creating a variety of scenarios. Scenarios may also be used in the arts to define a particular setting or series of events, such as in scriptwriting or role-playing games.
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these activities on the statement of cash flows represent the cash flows that arise out of notes payable
Upon this statement of cash flows, the cash flows resulting from notes payable are shown as financing activities.
What is cheque payable details?They include the name of the payee, the sum, the account number, the pay date, and the check number. Check leaves frequently have a MICR code, also known as Magnetic Inkjet Character Recognition (MICR), printed at the bottom.
What is receivable and payable?A business's short-term liabilities, such as obligations for goods purchased from suppliers and money owed to creditors, are listed in the accounts payable (AP) ledger. Accounts receivable (AR) refers to money that a business anticipates getting from clients and business partners. On the balance sheet, AR is categorised as a current asset.
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which of the following statements regarding divided powder papers (i.e., charts, chartula, chartulae) are true? (select all that apply) which of the following statements regarding divided powder papers (i.e., charts, chartula, chartulae) are true? (select all that apply) they are commonly dispensed in small sealed plastic bags or folded papers they are classified as semisolid preparations they are prepared in individual doses they are commonly placed on a small amount of food or reconstituted in a suitable liquid before administration
Option 1st is correct. Divided powders are supplied in unit dose form, usually in a properly folded chartulae.
Fractionated powders or chartras are unit doses of powdered drug mixtures individually enclosed in paper, plastic laminate, or metal foil packages or packets. Chartula, abbreviated chart, is Latin for powdery paper.
Vegetable parchment, thin translucent paper with limited moisture resistance. Glassine paper with limited moisture resistance, glossy transparencies. Wax paper, transparent waterproof paper.
A portioned powder or chart is his dose of powdered medicine in one or more individual packages. B. Cellophane, foil or paper. Patients do not participate in the measurement process of powders that are divided into smaller dosage units, resulting in a more accurate dosage form than bulk powders.
Split powder: Divided powders, also known as churchula or powdered paper, consist of individual doses of powder packaged in folded paper or plastic bags. Some powder will be lost during mixing, so prepare enough powder for additional dosage units.
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a challenging task that arose when duckworth started arzu studio hope was: a. finding a location for the company's warehouse. b. trying to discover how to produce a product and run a business in a country half a world away. c. researching the company's target market and how much that market would be willing to pay for rugs.
The challenging task hat arose when duck worth started arzu studio hope is b. trying to discover how to produce a product and run a business in a country half a world away.
In the term of business, Ms. Duckworth generally can be defined a retired Partner and Managing Director of Goldman, Sachs, & Co. Ms. Duckworth also was named the first woman sales and trading partner in the firm's history during her 20-year career. Ms. Duckworth also being the a Director of Steelcase Inc. and Trustee of Equity Residential (EQR) in Chicago. The passion of Duckworth in the ARZU studios is to remove the explosive mines in Afghanistan that kill thousands of children each year.
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