A business organized as a corporation is owned by its shareholders. In a corporation, the shareholders have ownership interests in the corporation.
The shareholders elect the board of directors who then appoint the corporation's management team to run the day-to-day operations of the business.In a corporation, the shareholders have limited liability for the debts and obligations of the corporation. This means that the shareholders are only responsible for the amount of money that they have invested in the corporation. If the corporation goes bankrupt or has other financial problems, the shareholders will not be personally responsible for the corporation's debts or obligations.
They may lose their investment, but they will not be required to pay more than the amount of money that they have already invested.In addition to limited liability, corporations have several other advantages over other forms of business organization. For example, corporations can raise large amounts of capital by issuing stock. They also have perpetual existence, meaning that the corporation can continue to operate even if the original owners sell their shares or pass away.
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Below are descriptions of internal control problems. In the space to the left of each item, enter the code letter of the one best internal control principle that is related to the problem described.
a. Physical Controls
b. Documentation Procedures
c. Independent Internal Verification
d. Establishment of Responsibility
e. Human Resource Controls
f. Segregation of Duties1. The same person opens incoming mail and posts the accounts receivable subsidiary ledger.
2. Three people handle cash sales from the same cash register drawer.
3. A clothing store is experiencing a high level of inventory shortages because people try on clothing and walk out of the store without paying for the merchandise.
4. The person who is authorized to sign checks approves purchase orders for payment.
5. Some cash payments are not recorded because checks are not pre-numbered.
6. Cash shortages are not discovered because there are no daily cash counts by supervisors.
7. The treasurer of the company has not taken a vacation for over 20 years.
The internal control principle related to the problem of cash shortages not being discovered due to the absence of daily cash counts by supervisors is Segregation of Duties.
Segregation of Duties is a fundamental internal control principle that ensures different individuals are assigned to different stages of a transaction, thereby reducing the risk of errors, fraud, or misappropriation of assets. In the case of cash shortages, the absence of daily cash counts by supervisors means that there is no independent verification of the cash on hand. By implementing a segregation of duties, supervisors would be responsible for conducting regular cash counts, which would help identify any discrepancies and prevent cash shortages from going unnoticed.
The internal control principle related to the treasurer of the company not taking a vacation for over 20 years is Rotation of Duties.
Rotation of Duties is another important internal control principle that aims to prevent fraud or errors by periodically changing employees' responsibilities. When a treasurer does not take a vacation for an extended period, it can create a potential risk for the company. Without rotation of duties, there is an increased likelihood of fraudulent activities going undetected, as the treasurer may have exclusive control over financial transactions and records. Implementing a rotation of duties policy would help mitigate this risk by ensuring that different individuals periodically assume the treasurer's responsibilities, providing opportunities for independent review and reducing the risk of fraudulent activities.
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With reference to the Big Five Model, which of the following is a difference between highly agreeable and less agreeable people?
A) Highly agreeable people tend to do better in interpersonally oriented jobs than less agreeable people.
B) Highly agreeable people are less compliant and less rule abiding than less agreeable people.
C) Highly agreeable people tend to be less satisfied in their jobs than less agreeable people.
D) Highly agreeable people engage in less organization citizenship behavior than less agreeable people.
E) Highly agreeable people have more tendency to engage in organizational deviance than less agreeable people.
According to the Big Five Model, the difference between highly agreeable and less agreeable people is that highly agreeable people tend to do better in interpersonally oriented jobs than less agreeable people. Therefore, option A is correct.
The Big Five model refers to personality traits that help distinguish individuals based on their personality characteristics. The five major personality dimensions in the Big Five Model are openness, conscientiousness, extraversion, agreeableness, and neuroticism.
Highly agreeable people tend to do better in interpersonally oriented jobs than less agreeable people is the difference between highly agreeable and less agreeable people with reference to the Big Five Model.Highly agreeable people are usually compassionate, cooperative, and affectionate. They are typically sympathetic and friendly toward others. They are agreeable and strive to build interpersonal relationships. In general, these individuals are less likely to cause conflict and are less aggressive.
Less agreeable people, on the other hand, may be hostile, confrontational, and uncooperative. They are not as concerned with interpersonal relationships and are more self-centered. They are not as collaborative as agreeable individuals and may cause conflict with others.Thus, it is clear that highly agreeable people tend to do better in interpersonally oriented jobs than less agreeable people. This is because they are better at building and maintaining relationships with others, which is crucial in interpersonal professions such as customer service or sales.
Hence, option A is correct.
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HELP ME PLEASE!!!
when is it usually best to choose a variable rate home mortgage?
A. if you plan to stay there many years.
B. if you plan to stay there a short time before moving again.
C. if you plan to rent it out.
D. if you plan to have a large family.
Answer:
A...............maybe D
Which of the following is a characteristic of a checking account?
1 Minimum money amount required to invest
2 Easy access to funds through a debit card
3 Fee charged if money is removed early
4 High rate of return on deposits
The characteristic of a checking account from the given options is: Easy access to funds through a debit card.
What features do checking savings accounts have?With a checking account, you can pay your bills, move funds to savings, get cash from ATMs, and use your debit card to make purchases. A crucial aspect of your personal money management is your bank account.
Which of the following describes a checking account's characteristics?Checking accounts offer simple methods for making deposits and withdrawals. In order to ensure that client and bank data always match, checking accounts are processed instantly. Checking accounts have fewer checks available but have greater interest rates. Checking accounts offer simple methods for making deposits and withdrawals.
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Okay is it just me or is anyone else getting so many exams and redos right now
Answer:
ufff
Explanation:
exam s are over Best Of Luck ! ❤️❤️
Answer:
i am
Explanation: hey it me mat, i know its been a while and you problably forgot about me by now but. im sorry and id like to talk.
Violet Inc. has been undertaking a lot of responsibilities as a company in order to be the best in its industry. Over time, however, these responsibilities become tough to handle and the company finds it difficult to efficiently manage the time and effort to perform its activities. In contrast, other firms in the industry that outsource some of their activities to smaller companies find it easier to generate more profit than Violet Inc. The situation faced by Violet Inc. in this example illustrates one of the important disadvantages of vertical integration that is _________.
A. loss of focus
B. loss of flexibility
C. loss of frequency
D. loss of facility
what happens if 2022 altima’s rear door alert is activated and the driver does not disable the alert after arriving at their destination?
Based on automobile analysis, when 2022 altima’s rear door alert is activated and the driver does not disable the alert after arriving at their destination, "the horn will sound unless a rear door is opened or closed within a short interval."
The 2022 Altima vehicle is one of the latest exact vehicles made by the Nissan Manufacturer.
The vehicle is made and designed to give users a pleasant experience when driving.
It is also equipped with modern features and the latest specifications to make the driving seamless and more accessible.
Hence, in this case, it is concluded that the correct answer is "the horn will sound unless a rear door is opened or closed within a short interval."
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Diana's gross pay was $890 and her total deductions were $89. What is her net pay?
Explanation:
Greetings !
Diana's gross payment - Her deductions = Her net payment.
Thus, $890-$89=801$=Net payment of Diana.
Hope it heps!
ecolap incorporated (ecl) recently paid a $0.62 dividend. the dividend is expected to grow at a 14.50 percent rate. the current stock price is $59.32. what is the return shareholders are expecting?
Shareholders are expecting a return of approximately 15.546%.
To calculate the return shareholders are expecting, use the dividend growth model.
On the scenario, given this information:
Dividend per share = $0.62
Dividend growth rate = 14.50%
Current stock price = $59.32
The formula for the dividend growth model is:
Return on stock = (Dividend per share / Current stock price) + Dividend growth rate
Calculate the return on stock.
Return on stock = ($0.62 / $59.32) + 0.1450
Return on stock = 0.01046 + 0.1450
Return on stock = 0.15546
To express the return as a percentage, multiply by 100:
Return on stock = 15.546%
Therefore, shareholders are expecting a return of approximately 15.546%.
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what does the fox say
Answer:nenenesnene
Explanation:
Answer:
"Ring-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!"
"Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!"
Sales taxes collected from customers by the seller are not an expense. instead, they represent current liabilities payable to the government.
a. true
b. false
The statement that "Sales taxes collected from customers by the seller are not an expense. Instead, they represent current liabilities payable to the government" is true.
Sales taxes refer to the taxes that are collected by the seller from the buyers on the retail sales of taxable goods and services. It is a tax that is collected by the seller and then remitted to the government. Sales taxes are typically a percentage of the price of goods or services sold and are typically added to the sales price of the product.
Sales taxes are collected by the seller at the time of the transaction from the buyer. The seller then keeps this tax for a certain period, usually a month or a quarter, and then pays this tax to the government. The amount of sales tax collected is not treated as an expense of the seller as it is not the seller's money that is being collected. Rather, it is a liability that the seller owes to the government on behalf of the buyer. This liability is referred to as "current liabilities payable." The seller is responsible for remitting the collected tax to the government on time, or they will be penalized.
Sales taxes collected are reported as a liability on the balance sheet until they are remitted to the government. When the sales tax is remitted to the government, the liability is reduced, and the cash account is also reduced. The total amount of sales taxes collected is reported on the income statement as part of revenue.
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What caused the change in the yen's exchange rate? According to this graph, how has the yen's exchange rate changed?.
Answer: demand decreased
and
it has fallen
Explanation:
hope this helps <3
Decrease in demand has caused the change in the yen's exchange rate. Due to decrease in demand yen’s exchange rate has fallen.
What is exchange rate?The value of one country's currency in comparison to that of another or an economic region is known as the exchange rate. The majority of exchange rates are free-floating and fluctuate according to market supply and demand. There are some exchange rates that are restricted and not free-floating; instead, they are tied to the value of other currencies.
Exchange rates are typically either free-floating or set. Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price.
Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price. For example, USD stands for the United States dollar, while EUR stands for the Euro. EUR/USD is the currency pair that represents the dollar and the euro. It's USD/JPY, or dollar to yen, in the case of the Japanese yen. A conversion rate of 100 means that one dollar equals 100 yen.
One notable example of a nation with a restricted rate structure is China. The Chinese yuan is a currency that the government also controls. The Chinese government decides on a midpoint value for the currency each day, which gives the yuan a trading range of 2% from the midpoint.
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A force majeure clause in a contract permits the cancellation of a contract based on an extraordinary or unexpected event like an act of God, fire, or labor dispute should one occur during the life of the contract? T of F True O False
The statement "A force majeure clause in a contract permits the cancellation of a contract based on an extraordinary or unexpected event like an act of God, fire, or labor dispute should one occur during the life of the contract" is True.
A force majeure clause is a contract clause that excuses a party's failure to perform its contractual duties as a result of unforeseeable events beyond its control. This is a clause that is commonly included in contracts to protect the parties from unforeseeable events that could render the contract unworkable.
A force majeure clause essentially allows one or both parties to the contract to suspend or terminate their duties under the contract in the event of unforeseeable events beyond their control, making it impossible for them to fulfil their contractual obligations.
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Aaron is a high school graduate working as a retail clerk. He earns a median salary for a high school graduate. Aaron is thinking about going to college to get an associate's degree. If he completes his degree in 2 years and college costs total $30,000, how long will it take aaron to recover his investment, assuming that he earns the median salary and continues to work full time while he is attending school? a. About 2. 5 years b. About 5. 5 years c. About 8. 5 years d. About 11. 5 years please select the best answer from the choices provided a b c d.
If Aaron works two years, which equals 2*12=24 monts, he will have 24*2672$=64128$.
What do you mean via investment?An funding is an asset or item acquired with the aim of generating profits or appreciation. Appreciation refers to an increase in the cost of an asset over time. When an person purchases a exact as an investment, the intent is not to eat the good however as a substitute to use it in the future to create wealth.
There are four main funding types, or asset classes, that you can pick from, every with awesome characteristics, dangers and benefits.
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Answer:
the purpose and character of the use i think
Explanation:
Assume a merchandising company’s estimated sales for January, February, and March are $107,000, $127,000, and $117,000, respectively. Its cost of goods sold is always 60% of its sales. The company always maintains ending merchandise inventory equal to 20% of next month’s cost of goods sold. It pays for 20% of its merchandise purchases in the month of the purchase and the remaining 80% in the subsequent month. What is the accounts payable balance at the end of February?
To calculate the accounts payable balance at the end of February, we need to determine the company's merchandise purchases, cost of goods sold, and the payment terms for these purchases. Let's break it down step by step.
Given information:
Estimated sales for January: $107,000
Estimated sales for February: $127,000
Estimated sales for March: $117,000
Cost of goods sold is always 60% of sales.
Ending merchandise inventory is equal to 20% of the next month's cost of goods sold.
Payment terms: 20% of merchandise purchases are paid in the month of purchase, and the remaining 80% is paid in the subsequent month.
Step 1: Calculate the cost of goods sold for each month:
Cost of Goods Sold (COGS) = Sales * 60%
COGS for January = $107,000 * 60% = $64,200
COGS for February = $127,000 * 60% = $76,200
COGS for March = $117,000 * 60% = $70,200
Step 2: Determine the merchandise purchases for each month:
Merchandise Purchases = COGS + Ending Inventory - Beginning Inventory
Since the company always maintains ending merchandise inventory equal to 20% of the next month's COGS, we can calculate the inventory values:
Ending Inventory for January = 20% of February's COGS = 20% * $76,200 = $15,240
Ending Inventory for February = 20% of March's COGS = 20% * $70,200 = $14,040
Beginning Inventory for February = Ending Inventory for January = $15,240
Merchandise Purchases for January = $64,200 + $15,240 - $0 = $79,440
Merchandise Purchases for February = $76,200 + $14,040 - $15,240 = $75,000
Merchandise Purchases for March = $70,200 + $0 - $14,040 = $56,160
Step 3: Determine the accounts payable balance at the end of February:
Accounts Payable = 80% of Merchandise Purchases
Accounts Payable for January = $79,440 * 80% = $63,552
Accounts Payable for February = $75,000 * 80% = $60,000
Therefore, the accounts payable balance at the end of February is $60,000.
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To what extent does data mining invade the privacy of shoppers?
So far, we have learned that recommendations obtained from data mining find new and often surprising patterns in data. For example, the source cited below talks about how Target knew a high school student was pregnant before her parents did. So, businesses can learn from these patterns and exploit them to get you to spend more at their store. However, when does this tracking become an invasion of privacy and what can consumers do if they want to protect their privacy?
Data mining can potentially invade the privacy of shoppers when personal information is collected and analyzed without consent. Consumers can protect their privacy by reviewing privacy policies, opting out of data collection, limiting information sharing, using privacy tools, and staying informed about privacy rights and regulations.
Data mining has the potential to invade the privacy of shoppers when it involves the collection and analysis of personal information without the explicit consent or knowledge of the individuals. The ability to identify patterns and make predictions based on consumer data can lead to intrusive targeting and manipulation of shoppers.
Tracking becomes an invasion of privacy when it crosses ethical boundaries and infringes on individuals' rights to control their personal information. This can occur when sensitive or personally identifiable information is collected and used without proper consent, or when data mining is used to manipulate or exploit consumers' behavior.
To protect their privacy, consumers can take several steps:
1. Review privacy policies: Consumers should read and understand the privacy policies of companies they interact with. This helps in knowing how their data is collected, used, and shared.
2. Opt-out and unsubscribe: Many companies provide options to opt-out of data collection or unsubscribe from marketing communications. Consumers should take advantage of these options if they are concerned about their privacy.
3. Limit sharing of personal information: Consumers can be cautious about sharing personal information unless necessary. This includes being mindful of what information they provide online, during transactions, or when signing up for loyalty programs.
4. Use privacy tools: Consumers can utilize privacy tools, such as browser extensions that block tracking cookies or anonymize their online activities, to enhance their privacy online.
5. Stay informed: Keeping up with the latest developments in privacy regulations and best practices can empower consumers to make informed choices and take necessary actions to protect their privacy.
Advocating for stronger privacy laws and regulations, supporting organizations that promote privacy rights, and actively engaging in discussions about privacy concerns can also contribute to the protection of consumer privacy.
Ultimately, balancing the benefits of data mining with privacy considerations requires transparent practices, clear consent mechanisms, and ongoing efforts to uphold ethical standards in data collection and usage.
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At Just In Time Logistics, managers and workers share responsibilities, managers stress employee participation in all aspects of company decision making, and employment is long-term. What theory of management does Just In Time Logistics follow
Just In Time Logistics managers and workers share responsibilities, this follows Theory Z management
What is Theory Z?Theory Z is a management theory based on the combination of American and Japanese management philosophies.
Theory Z involves managers and workers share responsibilities, managers stress employee participation in all aspects of company decision making, and employment is long-term.
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Which of the following should produce naturally acquired, active immunity?.
Naturally acquired active immunity is the process by which the immune system produces antibodies in response to a particular pathogen or antigen. Natural active immunity can be acquired through infection, breast milk, or contact with pathogens in the environment.
Infection: Natural active immunity can be acquired when a person is infected with a pathogen or disease-causing organism. Once the body is infected, the immune system will start producing antibodies to fight off the infection. If the immune system is successful in fighting off the infection, it will remember the pathogen, allowing the person to develop long-term immunity to the disease.
Breast milk: Infants can acquire natural active immunity through their mother's breast milk. The mother's immune system produces antibodies that are passed on to the baby through breast milk. This provides the baby with temporary immunity to the pathogens the mother has been exposed to.
Contact with pathogens: Another way to acquire natural active immunity is through contact with pathogens in the environment. For example, children who grow up on farms or in rural areas are more likely to be exposed to a wide range of pathogens, which can help build up their immune system and provide long-term immunity to a variety of diseases.
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When the business cycle has hit its peak and is about to enter a period of sustained economic contraction and the possibility of a sever recession, to maximize gains the prescient investor should not:_______.
When the business cycle has hit its peak and is about to enter a period of sustained economic contraction and the possibility of a severe recession, to maximize gains the prescient investor should not borrow money to buy real assets. Thus, option A is correct.
What is a recession?In the case of recession, the market is considered as a downward movement. That also means that the GDP is being affected and the unemployment rates as well as consumer spending that slow.
As in the business cycle, the person has been trying an attaining a business acquisition or property then the person should not borrow money to buy it as the company is going to enter a market that is going into recession and the market flow will be low, and it will create various consequences for the business. Therefore, option A is the correct option.
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The question is incomplete, the complete question will be:
Borrow money to buy real assets. Buy nominal assets such as bonds.
O Lend money.
O Hold cash.
why should we respect the life and culture of all people living in the country ?
Explanation:
Culture forms our identities and attitudes, and intercultural communication allows us to embrace and sometimes even integrate and learn the language with many other communities to some degree. In modern environment, cultural diversity is becoming extremely significant. We should respect all culture and community.
PLEASE HELP AS QUICK AS YOU CAN
Question 21 (1 point)
Which of the following should be calculated as a start-up cost for a business?
(A) Rent
(B) Permits
(C) Utilities
(D) Payroll
Permits are typically considered a start-up cost for a business. Option B is correct.
Start-up costs are the expenses a new business incurs before it begins generating revenue. These costs are necessary for the business to become operational and may include expenses such as permits, licenses, legal fees, equipment, and initial inventory.
Permits are required for businesses to operate legally and are often required before other start-up expenses such as rent or utilities. Permits can include zoning permits, building permits, health permits, and business licenses. The cost of obtaining these permits can vary depending on the location and type of business.
Rent, utilities, and payroll are ongoing expenses that a business incurs after it has started generating revenue. These are not typically considered start-up costs since they are not necessary for the business to become operational but rather are recurring costs that a business will continue to incur.
Therefore, option B is correct.
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ABC Company's budgeted sales for June, July, and August are 15,800, 19,800, and 17,500 units respectively. Each unit that ABC Company produces uses 2 pounds of raw material. ABC requires 35% of the next month's budgeted production as raw material inventory each month. ABC Company currently pays a standard rate of $1.3 per pound for raw materials. Each unit should be produced in 30 minutes of direct labor time at a standard direct labor rate of $12.4 per hour. Manufacturing overhead is applied at the standard rate of $16.4 per direct labor hour. Required: Calculate the standard cost per unit for ABC Company. (Round your answer to 2 decimal places.)
The standard cost per unit for ABC Company is $17.00.
To calculate the standard cost per unit for ABC Company, we need to consider the costs of raw materials, direct labor, and manufacturing overhead. Here's how we can calculate it:
Calculating the raw material cost per unit:
Each unit uses 2 pounds of raw material.
Standard rate for raw material = $1.3 per pound.
Raw material cost per unit = 2 pounds * $1.3 per pound
Raw material cost per unit = $2.6
Calculating the direct labor cost per unit:
Each unit requires 30 minutes of direct labor time.
Standard direct labor rate = $12.4 per hour.
Direct labor cost per unit = (30 minutes / 60 minutes) * $12.4 per hour
Direct labor cost per unit = $6.2
Calculating the manufacturing overhead cost per unit:
Manufacturing overhead rate = $16.4 per direct labor hour.
Manufacturing overhead cost per unit = (30 minutes / 60 minutes) * $16.4 per hour
Manufacturing overhead cost per unit = $8.2
Calculating the total standard cost per unit:
Total standard cost per unit = Raw material cost per unit + Direct labor cost per unit + Manufacturing overhead cost per unit
Total standard cost per unit = $2.6 + $6.2 + $8.2
Total standard cost per unit = $17.00
Therefore, the standard cost per unit for ABC Company is $17.00.
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Mr Bradford works for a federal agency. He reviews bid’s that come in from suppliers who want to sell goods or services to his agency. What is it called when mr bradford selects the best offer
As Mr Bradford works reviews the bid’s that come in from suppliers who want to sell goods or services to his agency. When he selects the best offer, this is known as procurement decision.
What should we know about the procurement decision?Procurement is the process of obtaining goods, services, or works from an outside external source, such as a supplier or contractor, for use by an organization or government agency. The procurement decision is the selection of the best supplier or contractor who meets the organization's requirements at the best possible price and quality.
In the case of a federal agency, the procurement process is typically governed by regulations and policies that ensure fair and open competition among potential suppliers and contractors, and that the selection process is transparent and accountable.
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Answer:
contract recommendation
Explanation:
Contract recommendation and negotiation
During this step, the public entity workers will recommend one bidder to be awarded the contract. Then negotiations may take place. The public entity may ask for a lower price or a shorter timeline.
What’s the answer???
Answer:
The answer is false
Explanation:
A person decides to buy a book to read rather than buying a movie ticket. The movie ticket that the person has given up, is known as
Answer:
deficit
Explanation:
The person decided to buy a book rather than buy a movie ticket. The movie ticket given by the person is his opportunity cost.
What is an opportunity cost?Opportunity cost refers to the cost of forgone alternative. In simple words, it means the level of satisfaction that can be derived from choosing another thing over one.
If the person buys the book rather than buying a movie ticket, the satisfaction that can be derived from watching the movie will be termed as the opportunity cost incurred by the person.
Therefore the correct option is opportunity cost.
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Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0. 36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3. 63 per $1,000 of value in the home. Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies? a. $3. 63 per $1,000 is approximately the same as $0. 36 per $100. The premiums for the two insurance companies will be the same. B. The annual premium for his house would be cheaper through AAA. C. The annual premium for his house would be cheaper through Thompson’s. D. Since the two insurance companies list their premiums differently, the two cannot be compared.
The annual premium for Zack's house would be cheaper through AAA than Thompson’s Insurance.
How to calculate the annual premium of two companies?AAA company is offering $0.36 per $100 of value.
Thompson company is offering $3.63 per $1,000 of value;
\(\frac{3. 63 }{1000} \\=\frac{0.363}{100}\)
Hence, 0.363 is higher than 0.36, which makes AAA company more beneficial for insurance.
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A company's triple bottom line represents which aspects?
a. profit planet
b. people privacy
c. politics
d. production
A company's triple bottom line represents aspects profit planet, people privacy and production.
What is production?Several material and immaterial inputs are integrated during the production process to produce something that is intended for consumption. It involves creating an output, a good or service that has value and improves the utility of individuals.
Production, in a manufacturing process, is the process of changing raw materials or inputs into finished objects or products. In other words, it describes the process of building something from nothing. A good example of production is the creation of furniture. One instance of production is gathering corn for human consumption. An example of production is the amount of grain produced.
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Select the correct answer.
Why do some critics feel that the IMF should not act to influence exchange rates under some conditions?
A.
They believe that wild swings in currency exchange rates are healthy.
B.
They believe that currencies must find their own market levels.
C.
They fear that the IMF may take over the country’s economy.
D.
They fear that politicians may be using the IMF to cover up their actions.
Answer:
Explanation:
They believe that currencies must find their own market levels.
When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a(n) ______ violation.
a. willful
b. serious
c. de minimis
d. failure to abate
Answer:
a. willful
Explanation:
The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.
When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a willful violation.