True, When two asset accounts are changed in a transaction, there must be an increase and a decrease.
Two asset accounts, Allocation for Doubtful Accounts and Accumulated Depreciation, are understood as contra asset statements since these reserves are expected to have credit balances.
What are the two kinds of support?
Assets can be grouped into two principal classes: tangible assets and intangible assets. Tangible assets include various subclasses, including current investments and fixed assets. Current assets include cash, products, accounts receivable, while fixed assets possess land, buildings and equipment.
What are in asset reserves?
Asset accounts are classes within the business's books that show the value of what it owns. A debit to an asset account suggests that the business owns more (i.e. increases the asset), and a credit to an investment account suggests that the business owns less (i.e. reduces the asset).
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Which is a good example of differentiated instruction? giving every student a different subject area goal to work toward teaching students in several different grades at the same time requiring students to come up with many ways to solve the same problem assigning a project but letting students complete it any way that they want
Differentiating instruction may entail having the teacher offer lessons at various degrees of difficulty depending on the aptitude of each student, or it may entail presenting the same topic to all students using a range of instructional methodologies.
Differentiation refers to modifying instruction to accommodate student requirements. This approach to instruction is effective because it uses ongoing evaluation and flexible grouping, regardless of whether teachers differentiate material, process, products, or the learning environment. The concept of differentiated teaching has its origins in the one-room schoolhouse era, when all pupils, regardless of age, were taught in the same classroom by the same instructor. Children of the same age were thought to study equally as the educational system changed to graded schools.
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True or false: a transaction can cause one asset to increase and different asset to decrease and still have the accounting equation balance.
A transaction can cause one asset to increase and a different asset to decrease and still have the accounting equation balance. True, the given statement is correct.
A=L+SE does not require transactions to cross the equal sign. It is possible to swap one asset for another while keeping the balance. Total assets, total liabilities, and stockholders' equity all stay the same.
What is an accounting equation?The accounting equation is a cornerstone of balance sheet construction and a fundamental accounting principle. The formula reads as follows:
Assets equal liabilities plus stockholder equity.
The structure of the balance sheet is highlighted by this equation, which also lays the groundwork for double-entry accounting, also known as double-entry bookkeeping. Every transaction has an impact on at least two accounts in a double-entry accounting system.
To keep the accounting equation balanced, a rise in an asset account, for instance, could be matched by an equivalent increase in a related liability or shareholder equity account. Alternatively, a decline in one asset account can be matched by a corresponding rise in another. When performing journal entries, it's crucial to remember the accounting equation.
Thus, the Accounting equation involves Assets and Liabilities.
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Which quality is evident in the revised version of the following paragraph? Original: During our monthly meeting last month, we all came to the conclusion that overtime procedures are inadequate and that new procedures need to be initiated. i discussed this problem with our chief accountant, who was sympathetic and agreed to consider any changes we would like to make to the present procedures. please bring your suggested changes to this month's departmental meeting scheduled for 2:30 p.m. next wednesday afternoon. Revision: During last month's meeting, we concluded that our overtime procedures need revision. our chief accountant has agreed to consider any changes we would like to make to the present procedures. please bring your suggested changes to this month's departmental meeting scheduled for 2:30 p.m. next wednesday.
a. correctness b. accuracy c. comprehensiveness d. conciseness
The quality which is evident in the revised version of the given paragraph is conciseness.
Conciseness is regarded as the quality of being short and clear, and through expressing what needs to be said without mentioning unnecessary words. So this quality is evident in the revised version.
So here, during the monthly meeting previous month, they all came to the conclusion that overtime procedures are inadequate and that new procedures need to be initiated. Thus, this problem was addressed in the coming month's meeting and the necessary actions were taken.
Thus, conciseness is by communicating complete information about a topic or an idea in a few words.
Hence, option D is correct.
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When evaluating eyewitness testimony, the investigator must discriminate between fact and?
When evaluating eyewitness testimony, the investigator must discriminate between fact and opinions.
What is testimony?
In the law, testimony is a sort of evidence that is gathered from a witness who makes a serious statement or declaration of fact. Written or spoken testimony is typically given under oath or affirmation under penalty of perjury. Written testimony is typically seen by one or more people who swear or acknowledge its authenticity, also under penalty of perjury, in order to be acceptable in court and for maximum trustworthiness and validity.
Evaluation of the any testimony follows the evidence given. The examiner attempts to piece together the events (facts) of the crime into a logical pattern following the witness examination. They then decide whether or not this pattern of events is supported by the evidence and the witness testimony.
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Which step in the public policy cycle usually coincides with the federal budget process?
Evaluation step in the public policy cycle usually coincides with the federal budget process.
Policy Evaluation is a systematic collection and analysis of the information to make the judgements about characteristics, activity, context and the outcome of more than one domain. Evaluation used to inform and improve policy development, implementation, adoption, and effectiveness. It also helps to builds the evidence base for the policy interventions.
It also help governments improve the design and implementation of public policies that, can lead to prosperity for their country and well-being for the citizens. These evaluation contribute in overall development of the economy.
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Movement along the demand curve showing that a different quantity is purchased in response to a change in price.
Movement along the demand curve showing that a different quantity is purchased in response to a change in price change in quantity demanded.
What happens when there in movement in curve?
The quantity demanded moves along the same curve if the quantity wanted of a given commodity changes due to a change in price while all other parameters remain constant.
The crucial thing to keep in mind is that while the price of the product fluctuates, other elements, like as the consumer's income and preferences as well as the costs of other commodities, etc., remain constant.
The quantity sought is affected by the price change in this case, but the demand curve remains the same as it was before the price change. The demand curve is moving in this direction. Along the demand curve, movement may take place in either an upward or downward direction.
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You want to buy a house and will need to borrow $265,000. the interest rate on your loan is 6.01 percent compounded monthly and the loan is for 20 years. what are your monthly mortgage payments?
$1,900.07 are your monthly mortgage payments. As the interest rate on the loan is 6.01 percent compounded monthly and the loan is for 20 years.
What is interest rate?An interest rate is a fee that a lender assesses to a borrower; it is calculated as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is typically used to express the interest rate on a loan.
For instance, a person's repayment to the lender will be $105 if person borrow $100 at 5% interest. Lender will profit by $5. The interestd rate is calculated.
Thus, it is $1,900.07.
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What is the process of monitoring operating results and comparing actual results with the expected results?
Controlling exists the method of monitoring operating results and comparing actual results with the expected results.
What is meant by Controlling?Controlling is a management function that aids in obtaining desired results from employees at all organisational levels, including managers and subordinates. The managing function aids in tracking advancement toward corporate objectives, identifies deviations, and suggests necessary remedial action.
Control is a management function that aids in error detection and the implementation of corrective measures. This is done to reduce departure from standards and make that the organization's stated goals are met in the desired way.
Comparing actual performances with anticipated outcomes is controlling's most crucial task. Managers can then better grasp their strengths and areas for improvement as a result. With this knowledge, managers can make the most use of all resources and avoid wasting them.
Hence, Controlling exists the method of monitoring operating results and comparing actual results with the expected results.
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_________are the source of a firm's __________, which are the source of the firm's __________.
The resources are the source of a firm's capabilities, which are the source of the firm's core competencies RCC.
How Do You Define Resource?In the corporate world, resources are converted into useful goods or services. The infrastructure, labor force, armed forces, and natural wealth of a nation is employed for the development of its economy and political system as well as for the benefit of its citizens. Numerous fields, including economics, business, the environment, and human society, have used the concept of resources.
Three characteristics are shared by resources:Utility: Resources are employed to meet customer needs.
Limited accessibility: The supply of resources is insufficient compared to the demand.
Potential for depletion: As resources are used up, their availability decreases progressively.
Depending on their source, resources can be classed in a variety of ways, such as biotic or abiotic, renewable or non-renewable, and potential or actual.
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Of the big five personality dimensions, the highest correlation with leadership is?
Of the big five personality dimensions, the highest correlation with leadership is surgency.
What are the five personality dimensions?Neuroticism and agreeableness. They can be recalled by using the abbreviations OCEAN or CANOE.
Openness - Indicates a person's receptivity to new experiences. In a rapidly expanding organization where there are many changes and ambiguities, a high score on this feature is beneficial. The mid-scorers are frequently excellent since they are frequently open-minded but also realistic and level-headed. Pay close attention to those who scored at the absolute bottom of the range since they may be resistive to change and may impede innovation and advancement.
High: enjoys taking on new tasks and is curious, innovative, and unusual. Medium: is adaptable but also values tried-and-true techniques.
Low-key, prefers familiarity, may not publicly show their emotions and is plain and down to earth.
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If there's upward pressure on price how does this affect the supply side of the market?
If there's upward pressure on price, there would be an increase in the quantity supplied.
What the relationship between price and the quantity supplied?
There is a positive relationship between price and the quantity supplied. When there is an increase in price, the quantity supplied increases all things being equal.
The positive relationship between price and the quantity supplied is a result of the desires to earn more profit. So when price increases, in order to earn higher income, producers would increase the quantity supplied. This postulation is in line with the law of supply.
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Once a disclosure of brokerage relationship is given to a non-client, the non-client must?
The non-client need to affirm his/her liscense.
The brokerage disclosure is a written clarification signed by the potential buyer or seller of real estate, which surely explains the broker's role in the transaction.
How lengthy have to a broking hold written disclosure of brokerage relationships on file?Brokers must preserve brokerage relationship disclosure documents for 5 years for all nonresidential transactions that make use of detailed sales associates that result in a written contract to purchase and promote actual property. This requirement consists of archives of houses that may also have failed to close.
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Price discrimination will occur when a firm can segment its current and potential customers into one-of-a-kind groups based on: their willingness to pay or their different elasticities of call.
Price discrimination is a promoting approach that fees customers exclusive prices for the same service or product primarily based on what the vendor thinks they can get the purchaser to agree to.
Price discrimination is a microeconomic pricing method wherein equal or largely comparable goods or offerings are sold at special fees by the equal company in one-of-a-kind markets.
Organizations use charge discrimination to target customers who can't otherwise find the money for their products, without losing revenue from those clients who can have the funds to pay the complete price.
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During the period from 1865 to 1900, disputes between labor and business owners were sometimes marked by.
During the period from 1865 to 1900, disputes between labor and business owners were sometimes marked by use of violence by both sides.
What is disputes?Disputes refers to the conflict among the parties with regard to the disagreements or disapproval in certain things or the situations.
During 1865 to 1900 many major events took place such as Membership in unions dropped, Workers relocated to remote areas, The majority of industrial positions were converted to service industry occupations etc.
Therefore, it can be concluded that disputes between workers and property leaders were occasionally distinguished by the use of violence by both sides between 1865 and 1900.
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governments and nonprofit entities are similar in many ways. which of the following statements is not true?
The statement is true. Governments and nonprofit entities are similar in some ways.
Government organization surpass government and have a service motive. Where as Non-profit organization even have service motive to produce best servicers to each people. These both organization have a transparent no profit motive. Similarities in both the organizations are
Neither governments nor nonprofit entities have a profit motive. Both governments and nonprofit entities provide services. Both governments and nonprofit entities assess taxes. Both governments and nonprofit entities often report restricted resources.Therefor the statement is true that government and Non-profit organizations are similar in some ways.
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The term __________ refers to a sales and operations plan that varies both production and inventory levels in an effort to develop the most effective plan.
The term mixed production plan directs to a sales and operations plan that differs both production and inventory levels to create the most effective plan.
What is mixed production plan?
The result of the production planning process is a document called a production plan that outlines how production processes will be carried out. It outlines the equipment, raw materials, and labor resources that will be required as well as the production schedule that will be adhered to. Production planning is the organisation of the manufacturing and production processes within a business or sector. To service various clients, it makes use of resource allocation for personnel activities, materials, and manufacturing capacity.
Both inventory and staff levels are subject to fluctuate during the planning horizon in a mixed strategy. The "chase" and "level" methods are therefore combined. If the expenses of keeping inventory and adjusting the workforce level are somewhat high, this will be a smart strategy. Typically, aggregate planning is done for a period of 12 months.
Employing temporary labor, letting staff go for a set amount of time, or cross-training personnel are a few examples of aggregate planning. This serves as a useful benchmark for assessing resource use and implementation.
Hence, The term mixed production plan directs to a sales and operations plan that differs both production and inventory levels to create the most effective plan.
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If the sum of the debit column equals the sum of the credit column in a trial balance, it indicates.
It shows the mathematical equality of the accounting equation. When a trial balance balances, it is an indication that: debits equal credits.
Should the trial balance equal?A trial stability is therefore a list of all the debit and credit score balances in the accepted ledger accounts. If all the man or woman double entries have been efficaciously carried out, the total of the debit balances need to always equal the total of the savings balances in the trial balance.
When a trial balance balances it is an indication that?How a Trial Balance Works. Preparing a trial stability for a business enterprise serves to discover any mathematical errors that have occurred in the double-entry accounting system. If the whole debits equal the total credits, the trial stability is regarded to be balanced, and there must be no mathematical blunders in the ledgers.
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https://brainly.com/question/24696035#SPJ4all of the licensees at stone realty are attending an off site conference for the afternoon. the broker’s unlicensed assistant remained at the office to answer the telephone. during this time, helen barnes from tri-state realty called for information about a stone listing. what should the assistant do?
Stone Realty will be hosting a meeting for the whole of the day at a predetermined location, and all of its licensees are anticipated to be there.
The assistant to the broker, who did not possess a license, remained in the office in order to manage the incoming and outgoing phone calls.
At this time, Helen Barnes from tri-state realty called looking for information on a stone listing that was now available.
Helen must be given the information that she is demanding from the assistant in order for her request to be satisfied.
Who is an unlicensed assistant broker?There are a variety of tasks that must be completed by an unlicensed assistant broker.
In spite of this, it is essential for every broker to have a solid understanding of the differences between what a licensed assistant and an unlicensed broker are legally permitted to perform in order to stay out of legal hot water.
As a result, it is the assistant's responsibility to provide Helen with the information that she has requested.
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In order to qualify for fha financing insurance, what type of requirements must a subdivision meet?
In order to qualify for FHA financing insurance, the type of requirements which a subdivision must meet is FHA requirements.
A Federal Housing Administration (FHA) mortgage insurance premium is referred to as an additional fee which a person may pay in order to protect the lender's financial interests in case a person default on their FHA loan.
The FHA has its main function of insuring the loans, so it is sometimes referred to as a giant mortgage insurance agency. So in order to qualify for FHA financing insurance, a subdivision must meet the type of FHA requirements.
Hence, the FHA requires mortgage insurance for all the loans, these loans comes with an upfront and annual premium.
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All other things remaining the same, if the revenue or sales decreases, asset turnover ratio will?
All other things remaining the same, if the revenue or sales decreases, asset turnover ratio will increase.
What is asset turnover ratio?Asset turnover, total asset turnover, or asset turns is a financial statistic that gauges how effectively a business uses its assets to generate sales revenue or other sales-related income.In the retail industry, it is regarded positive when the total asset turnover ratio reaches 2.5. But for a business, the target value lies between 0.25 and 0.5.The total revenue that a corporation keeps is known as net sales. It is the gross sales for a certain time period less any customer refunds, concessions, or discounts.Learn more about asset turnover ratio here:
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The most important constraints on participation in leisure-time activities and organizations are?
There is an absence of monetary assets and chronic health.
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Facilities like the ymca and parks and recreation departments are associated with what kind of setting?
a. youth setting
b. nonprofit setting
c. community setting
d. athletic setting
Facilities like the ymca and parks and recreation departments are associated with ------ community setting
Community Setting –
Setting for which the First purpose is not medical care, for example, geographic communities, schools, churches, homeless shelters, worksites, libraries.
Non profit setting :
A non-profit setting is a group organized for purposes other than making profit and in which no part of the organization's income is shared to its members, directors, or officers.
What is the difference between not for profit and nonprofit?
Revenues.
How they're different: Nonprofits run with the purpose of maximizing revenues for the causes they support; not-for-profits do not run with the goal of generating revenue and any money earned has to go back into the organization itself
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Business rules apply to businesses and government groups, but not to other types of organizations such as religious groups or research laboratories. true false
Business rules apply to businesses and government groups, but not to other types of organizations such as religious groups or research laboratories. this statement is false.
A business is defined as an organization or company engaged in commercial, industrial, or professional activities. A company can be either a commercial entity or a non-profit entity. Legal forms range from limited liability companies to sole proprietorships, corporations, and partnerships.
Companies first contribute to society by distributing goods and services essential to survival. In addition, it creates employment opportunities that help individuals earn an income that meets their needs within society. Business is made up of individuals working together to meet the needs of society and common goals. Examples of businesses include Coca-Cola and Walmart, as well as small private companies such as accounting firms and local grocery stores.
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In an eoq model with variable demand, stockouts cannot occur.
a) true
b) false
False, In an EOQ model with variable demand, stockouts cannot occur.
Why do stockouts occur?An OOS event, commonly referred to as a stockout, happens when the inventory is exhausted. The most noticeable stockouts, also known as On Shelf Availability (OSA) problems, occur at the store level, though they can occur at any point along the supply chain. A lot of inventory management techniques, like safety stocks, have been developed to reduce the incidence of stockouts because they are typically viewed as issues that need to be rectified.
Overstocks occur when too much inventory is kept on hand; stockouts occur when there is not enough. A stockout often has two financial effects: first, the immediate opportunity loss brought on by fewer transactions, and second, the delayed market response as a result of aversion toward unreliable providers.
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During the adjusting process two transactions were neglected or omitted. The first is for unearned rent revenue of which $450 was earned during the period, the second was for accrued interest payable of which $275 is owed for the period. As a result of these omissions.
The omission related to unearned rental income could increase net income by $690 while eliminating accrued expenses, interest expense and interest payable, increased expenses and liabilities by $275. As a result, revenues are understated by $690 while expenses are understated by $275 so net income is understated by $140. Assets are not affected by this error, but liabilities are overstated by $140.
Unearned income is another name for the term “deferred income". It is used to define the process by which a company accepts payment from a customer before that customer receives a product or service. In many cases, companies rely on an upfront payment to complete the manufacture of the product before shipping it to the customer.
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Comparing vendor invoices to inventory prices, obtaining lower of cost or market data and recalculating deprecation schedules relate to the ______ assertion.
The correct answer is valuation and allocation.
You may list and keep track of the inventory goods you get from your suppliers using inventory receipts. Despite the fact that inventory items may be delivered with or without inventory receipts, all inventory items must first be listed on inventory receipts in order to produce, store, and pay purchase invoices.
What should a vendor invoice contain?When a consumer purchases products and services on credit, the provider creates and sends an invoice. Vendor invoices comprise the sum due, tax amounts, freight and delivery costs, the due date for payment, and the address to make the money to.
A vendor bill is an invoice that the business receives for goods and services it has acquired from suppliers and is thus counted as a cost.
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In a service firm, salaries of administrative personnel, rent and utilities, and nonbillable employee time are?
In a service firm, salaries of administrative personnel, rent and utilities, and non-billable employee time are Assigned to the client or account using in allocation.
Receptionist: Serving as more of the face of the corporate, receptionists welcome clients, answer questions, and make nonbillable employee people feel comfortable upon entering the building.
A salary can vary greatly from the median income because it is influenced by age, sector, professional experience nonbillable employee and hours worked. The office assistant is incredibly the same as an administrative one. He or she is going to typically write emails, cater to incoming calls, file documents, and more.
Furthermore, office assistants confirm your workplace is running as smoothly as possible. Indian nonbillable employee Administrative Services (IAS) Officers are government officials/Bureaucrats assigned with the responsibility of handling the administration and daily proceedings of the govt.
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If the total utility from consuming eight units of a product is 123 and the marginal utility of a ninth unit is 3, then the total utility from consuming nine units would be:________
If the total utility from consuming eight units of a product is 123 and the marginal utility of a ninth unit is 3, then the total utility from consuming nine units would be 126.
What is marginal utility?
The additional pleasure a customer experiences from owning a unit additional unit of such an item or commodity is known as marginal utility.
Marginal utility = total utility difference / quantity of goods difference
Since there is no possibility that the borrower's usefulness might have decreased, 120 cannot be the answer.
One will obviously recognize that the marginal utility of the ninth unit is 3
Since, the consumer received a total utility of 123 from the first eight units of goods,
123+3 = 126 ought to be the result.
The total utility from consuming nine units would be 126.
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Jenna changes the amount of butter she purchases depending on whether it costs $3, $4, or $6 a pound. in order to derive her demand curve for butter, what other information do we need?
She bought butter at various price ranges.
The demand curve shows how much a person decides to buy at different prices. To plot the curve, we need to know how much butter Jenna buys when it costs $3, $4, and $6.
What is Demand Curve
A demand curve in economics is a graph that shows the relationship between the cost of a particular good (y-axis) and the amount of that good desired at that cost (x-axis). You can use the demand curve to analyze the relationship between price and quantity for a specific consumer (single demand curve) and all consumers in a specific market (market demand curve). The demand curve is usually assumed to be sloping as shown in the graph below. This is due to the law of demand, in most cases the higher the price, the lower the demand. However, in certain circumstances this rule does not apply. Veblen goods, Giffen goods and asset bubbles are examples of this kind of phenomenon. Buyers are attracted to goods when the price increases.
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Consumer efficiency theory infers that a business needs to adjust to whatever __________ will increase the shopping efficiency of the average shopper.
According to the notion of consumer efficiency, adjustments to market trends should be made in a way that will improve the typical customer's ability to purchase effectively.
The definition of economic efficiency is the distribution or allocation of all goods and factors of production in an economy to their most valued uses while minimizing or eliminating waste. In order to serve each person or entity in the best possible manner while minimizing waste and inefficiency, economic efficiency implies an economic state. Any adjustments made to benefit one entity would hurt another in an economically effective economy. The cost of production is kept as low as feasible for both the fixed and variable inputs of production.
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