Procurement Execution Process: The procurement execution process is the portion of the procurement cycle that focuses on acquiring the goods and services specified in the procurement plan. Contractor Selection: It is essential to ensure that the contractor is eligible, qualified, and experienced in order to select a contractor.
The contract must be given to the most acceptable bidder or tenderer after completing the procurement procedure. The procurement personnel, evaluation committee, or head of the procuring entity may conduct evaluations. They must assess bids and evaluate them based on procurement requirements, criteria, and standards. The following are the steps to take during the procurement process for selecting contractors:
Identify procurement needs: Recognize what goods, works, or services are required and determine the relevant procurement requirements.Develop procurement plan: Identify and establish a procurement approach that is consistent with the procurement objectives and includes the necessary procurement steps and timelines.Prepare procurement documents: Prepare the procurement documents that are required for the chosen procurement method, such as a solicitation document, request for proposals, request for quotations, or invitation for bids.Issue procurement documents: Distribute procurement documents to potential contractors who have expressed interest in participating in the procurement process.Receive proposals and quotations: Accept proposals and quotations from contractors who have met the eligibility criteria.Evaluate bids and quotations: Evaluate bids and quotations from contractors based on procurement criteria and standards.Select contractor: Choose the most appropriate contractor and notify them of the award of the contract.Conclude contract: Negotiate the contract with the selected contractor and finalize it.Learn more about Procurement Process: https://brainly.com/question/29525269
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HELP
Tonya is a warehouse manager for a large online store. Which of the following is NOT a task she would do as part of her job? Question 9 options: Keep safety policies updated so that warehouse workers are safe Film commercials to advertise store sales Audit and report warehouse inventory
Answer:
film commercials shes in the warehouse not the front of the company
Explanation:
Enron and Tyco failed primarily because they______.
A. obstructed justice
B. did not follow GAAP
C. did not provide reports to the SEC
D. manipulated accounting procedures
This is for accounting.
The correct answer is D. manipulated accounting Procedures.
compare and contrast transactional and transformational leadership
Transactional and transformational leadership are two contrasting leadership styles that have different approaches and impacts on followers.
Transactional leadership is primarily focused on the exchange of rewards and punishments between leaders and followers based on achieving predetermined goals and performance targets. It involves clear communication of expectations, setting goals, providing feedback, and rewarding or disciplining followers based on their performance. The leader emphasizes the use of contingent rewards and corrective actions to motivate followers and ensure task completion. Transactional leaders maintain the status quo and work within existing systems and structures.
In contrast, transformational leadership is centered on inspiring and motivating followers to achieve exceptional performance and personal growth. Transformational leaders inspire and engage followers by articulating a compelling vision, challenging the status quo, and empowering them to think innovatively. They foster a supportive and collaborative environment, encourage individual development, and stimulate intellectual stimulation. Transformational leaders focus on intrinsic motivation and help followers reach their full potential by providing mentorship, guidance, and support.
Transactional leadership is more transactional and task-oriented, while transformational leadership is more inspirational and relationship-oriented. Both styles have their strengths and can be effective in different contexts, but transformational leadership is often associated with long-term organizational growth and development.
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Which quality of accounting information states that the information is verifiable and is not subject to opinion.
Reliability!
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1) what does regional employment means?
2) what does apprenticeship?
3 what is annex program?
4 what is vocational education?
5 write the types of soft skill training?
Answer:
1)The work or occupation for which one is used and often paid is known as employment. If employment is generated in a particular region or a locality only, it is termed as regional level employment and if employment is generated at the national level, it is termed as national level employment
2)Apprenticeship is a system for training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study (classroom work and reading).
3)An annex is an extension of or an addition to a building. ... As a noun, an annex is part of a building or an addition to a main structure, or it can be an attachment, as in "an annex to the current plans." When used as a verb, the word means something a little different.
4)Vocational education is education that prepares people to work as a technician or to take up employment in a skilled craft or trade as a tradesperson or artisan. Vocational education is sometimes referred to as career and technical education.
5)Here are 15 soft skills examples that are essential traits among employees:
Communication.
Teamwork.
Problem-solving.
Time management.
Critical thinking.
Decision-making.
Organizational.
Stress management.
Answer:
1 Employment created and provided by a regional employer, business, company, enterprise, organization or regional unity government in a regional area of a country.
2 An apprenticeship is a program that trains a worker to become skilled in a particular trade
3 The Annex Program is a program that provided the protocol connection to Lyoko.
4 Vocational education is education that prepares people to work as a technician or to take up employment in a skilled craft or trade as a tradesperson or artisan.
5 Teamwork
Communication Skills
Problem-Solving Skills
Flexibility
Interpersonal Skills
Leadership skill
How do earn money? I want to have 70,000 by the end of the year so I can buy my mom something nice, and buy some things I need for school
Answer:
You could try dropshipping or manufacturing a product of some sort.
Explanation:
However, these things don't always go well.
HURRYY !! Which career pathway has the highest degree of self-employment?
A. Law Enforcement Services
B. Corrections Services
C. Legal Services
D. Security and Protective Services
Answer:
either B or C but I am going with C
Explanation:
I mean, Legal services, you are a lawyer or equal to that job.
Answer:
The answer is D
Explanation:
Lena Horn bought a Toyota Tundra on January 1 for $23,000 with an estimated life of 4 years. The residual value of the truck is $4,600. Assume a straight-line method of depreciation.
a. What will be the book value of the truck at the end of year 4?
b. If the Tundra was bought the first year on April 12, how much depreciation would be taken the first year?
The book value of the truck at the end of year 4 will be $4,600.The book value of an asset can be calculated by subtracting the accumulated depreciation from the initial cost of the asset.
Given information: Initial cost of the truck = $23,000 Estimated life of the truck = 4 years Residual value of the truck = $4,600 Depreciation expense per year = (Initial cost - Residual value) / Estimated life Depreciation expense per year = ($23,000 - $4,600) / 4 = $4,350 To find the accumulated depreciation at the end of year 4, we multiply the depreciation expense per year by the number of years: Accumulated depreciation at the end of year 4 = Depreciation expense per year * Number of years Accumulated depreciation at the end of year 4 = $4,350 * 4 = $17,400 Book value of the truck at the end of year 4 = Initial cost - Accumulated depreciation Book value of the truck at the end of year 4 = $23,000 - $17,400 = $4,600 Therefore, the book value of the truck at the end of year 4 will be $4,600. b. If the Tundra was bought on April 12 of the first year, the depreciation taken in the first year will be based on the remaining months of the year.
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acme enterprises issued $20,000 of stock in exchange for cash. the journal entry to record this transaction will include a
Accounts payable (AP) is the term used to describe the unpaid balances owed to suppliers or vendors for products or services supplied. The accounts payable balance on the balance sheet of the business represents the total of all unpaid sums owing to vendors.
What Are Accounts Payable (AP)?The term "payables," often known as accounts payable (AP), describes a business's current short-term commitments to its suppliers or creditors. A company's current liability, or payables, is shown on its balance sheet.The business unit or division in charge of making the payments the company owes to suppliers and other creditors is referred to as "AP" in a different, less prevalent context.The difference between accounts payable and receivable can be seen.On a company's balance statement, under the heading of current liabilities, will be listed the entire amount of accounts payable at a particular moment. Obligations that need to be paid off within a certain time frame in order to avoid defaulting are known as accounts payable. Short-term payments payable to suppliers are referred to as AP at the corporate level. In essence, the payable is an IOU given over a short period of time by one business to another. The opposite party would document the transaction as an expansion of its accounts receivable in the same amount.The Complete Question is AP.
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On December 31, Hawkin's records show the following accounts.
Cash $ 8,300
Accounts Receivable 1,100
Supplies 2,800
Equipment 15,100
Accounts Payable 7,600
Hawkin, Capital, December 1 17,600
Hawkin, Withdrawals 2,100
Services Revenue 17,600
Wages Expense 8,000
Rent Expense 3,100
Utilities Expense 2,300
Use the above information to prepare a statement of owner's equity for Hawkin for the month ended December 31.
Preparation of statement of owner's equity for Hawkin for the month ended December 31.
What is owner's equity?Owner's equity is the amount of money that would be returned to a company's shareholders if all of the assets were liquidated and all of the company's debt was paid off in the case of liquidation.
Owner's Equity = Assets – Liabilities
Assets
Cash $ 8,300
Accounts Receivable 1,100
Supplies $2,800
Equipment 15,100
Total Assets $27,300
Liabilities
Accounts Payable 7,600
Withdrawals 2,100
Total liabilities ($9,700)
Owner's equity $17,600
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Tom purchased franchise rights to open a Maggie Moos ice-cream shop. Since this was his first business ownership venture, he decided to take advantage of the business proposition that a local merchant offered. The merchant owned a discount store in the center of town and asked Tom if he would like to open his business in the discount store. The arrangement proved beneficial to both Tom and the store owner.
Type of Ownership:
Limited legal responsibility partnership (LLP) is a kind of conventional partnership the place each accomplice has a restricted private liability for the debts of the partnership.
What is distinction between LLP and LLC?In fundamental terms, the proprietors of an LLP are regarded companions in an organization, whilst the proprietors of an LLC are members. As a result, there are key variations between how the restricted legal responsibility protection is recognized, how an LLC and LLP are managed and how every shape is taxed.
A A restrained liability partnership (LLP) is a enterprise structure that approves business owners to shield their personal property from lawsuits whilst nevertheless enjoying the protections of a corporate entity. LLCs are popular among small groups because they offer flexibility and convenience, in contrast to other kinds of corporations (LLP) is a enterprise shape that approves enterprise proprietors to defend their private property from court cases whilst nonetheless playing the protections of a company entity. LLCs are popular amongst small companies because they provide flexibility and convenience, unlike other kinds of groups
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https://brainly.com/question/25012970#SPJ4Further explain the concept of personal finance. (3-4 sentences)
Answer:
Personal finance is the area of study that covers a person's financial activity and how that affects their future. It can be thought of as a component in personal responsibility to understand one's strengths, weaknesses, value to society at large, what it means for someone to succeed or fail financially.
The goal is not necessarily money-related success. Instead, it is about creating an appropriate standard of living and ensuring the individual meets his or her desires most effectively while minimizing risk and without sacrificing freedom. Two keywords are investments (generating positive cash flow) and protection (insurance).
Explanation:
if the required reserve ratio is 10 percent and a bank receives a new deposit for $100,000, then the a. bank's liabilities increase by $100,000. b. bank's required reserves increase by $45,000. c. bank must keep $5,000 in excess reserves. d. bank can increase its loans by up to $400,000. e. bank must keep $10,000 in excess reserves
If the required reserve ratio is 10 %, a new deposit of $ 100, 000 into a bank would see the a. bank's liabilities increase by $100,000.
What happens when a bank receives a deposit ?When a bank receives a deposit, one thing the bank does is to keep some of this deposit as a required reserve, depending on the required reserve ratio, set by the Fed or the central banking system of the nation.
The bank would then record this deposit as a liability in its books because it owes the depositor, the $ 100, 000. The company would be able to loan out part of this money which would make the loan an asset.
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FIFO uses the cost for cost of goods sold on the income statement and the cost for inventory on the balance sheet. newest; newest newest; oldest oldest; oldest oldest; newest
FIFO uses the oldest cost for cost of goods sold on the income statement and the newest cost for inventory on the balance sheet.
What is FIFO?
First In, First Out, sometimes known as FIFO, is a strategy of managing assets and valuing them that prioritizes the sale, use, or disposal of assets that were produced or acquired first.
For taxation purposes, FIFO presumes that the cost of items sold on the income statement includes the assets with the oldest expenses (COGS). The assets in the inventory that are still available are compared to those that were just bought or made.
For the purposes of cost flow assumptions, the FIFO technique is employed. The associated costs for a product must be recorded as an expense in manufacturing as it moves through subsequent phases of development and is sold.
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Which aspect of diversity can be positive or negative? A (blank) can be negative or a positive.
Answer:
Positive aspects of diversity is that no one is the same. Everyone is their own person. There is no negative to diversity. It is the people themselves who think negativly of diversity often by discrimination.
Explanation:
i hope this helped and was on point and I'm sorry if it wasn't. I just stumbled on your question...
Answer:
stereotyping
Explanation:
debbie is applying for a gas card. If she gets approved, what type of credit will it most likey be?
Answer:
debt
Explanation:
Apple stock prices provided realized returns of 10%, -5%, 23%, and 14% over four consecutive quarters. What was the annual realized return for Apple stock for the year?
To calculate the annual realized return for Apple stock, we need to consider the cumulative effect of the quarterly returns over the year.
The annual realized return can be calculated using the following formula:
Annual Realized Return = (1 + Quarterly Return 1) * (1 + Quarterly Return 2) * (1 + Quarterly Return 3) * (1 + Quarterly Return 4) - 1
Given the quarterly returns of 10%, -5%, 23%, and 14%, we can substitute these values into the formula:
Annual Realized Return = (1 + 0.10) * (1 - 0.05) * (1 + 0.23) * (1 + 0.14) - 1
Calculating this expression gives us:
Annual Realized Return = (1.10) * (0.95) * (1.23) * (1.14) - 1
Annual Realized Return = 1.50363 - 1
Annual Realized Return = 0.50363 or 50.36%
Therefore, the annual realized return for Apple stock for the year is approximately 50.36%.
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Why do you think Bill Bowerman liked that Tinker shared his thoughts about the test shoes
Answer:
to connect
Explanation:
make moneyghgghgjjvyiv
Which group tried to learn American Indian languages and customs?
What programs are always running when your computer is turned on? Enter the names of the programs in the space provided.
Answer:
The French
Explanation:
Edge babyyyyy
Store supplies of $160 are on hand. The supplies account shows a $1,900 balance. Entry field with correct answer.
Assuming that the store uses the periodic inventory system, the supplies expense account needs to be adjusted to reflect the actual cost of supplies used during the period.
To calculate the cost of supplies used, we need to subtract the supplies on hand at the end of the period from the beginning balance of the supplies account. periodic inventory system
Beginning balance of supplies account: $1,900
Supplies on hand: $160
Supplies used: $1,900 - $160 = $1,740
Therefore, the entry to adjust the supplies expense account would be a debit of $1,740 and a credit to the supplies account of $1,740. This adjustment ensures that the supplies expense on the income statement reflects the actual cost of supplies used during the period.
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Natalie wants to deposit $2,000 into a savings account at a 1.25 percent interest rate. The interest is compounded every six months. How much interest will she earn over two years?
Answer:
Natalie will earn $50.31 in interest over two years assuming that the interest is compounded every 6 months.
Explanation:
Natalie will earn $50.31 in interest over two years, assuming that the interest is compounded every six months.
Here's how to calculate it:
- First, we need to figure out how many times the interest will be compounded over two years. Since the interest is compounded every six months, there will be four compounding periods per year, or a total of eight compounding periods over two years.
- Next, we can use the formula A = P(1 + r/n)^(nt) to calculate the amount of money Natalie will have in her account after two years, where:
- A is the amount of money in the account after two years
- P is the principal (the initial amount of money deposited)
- r is the annual interest rate (1.25%)
- n is the number of times the interest is compounded per year (4, since it's compounded every six months)
- t is the number of years (2)
Plugging in these values, we get:
A = 2000(1 + 0.0125/4)^(4*2)
= 2000(1.00625)^8
= 2100.31
- Finally, we can subtract the initial principal from the final amount to find the amount of interest earned:
Interest = A - P
= 2100.31 - 2000
= 100.31
Rounding to the nearest cent, Natalie will earn $50.31 in interest over two years.
Answer:
$4050.16
Explanation:
using the formula 2000(1+.0125/2)^2(2) to represent the 6 month period (A=P(1+r/n)^nt) you get 4050.15625 which rouned to the nearest tenth is 4050.16 to represent the change
True / False: The most significant function of advertising is to lower the overall cost of sales.
False. The most significant function of advertising is to increase brand awareness and create demand for a product or service.
Advertising is an effective form of communication that can help create and maintain a brand's presence in the marketplace. Advertising can help generate sales by informing and educating potential customers about the advantages of a product or service.
It can also help to reinforce positive brand associations, build customer loyalty, and establish a brand's reputation. Advertising can also be used to differentiate a product or service from competitors, create a sense of urgency, and influence customer behavior.
Overall, advertising is a powerful tool to generate sales and increase visibility for a brand.
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6. Outline 4 circumstances under which some human wants canbe fully satisfied
Generally, the human wants can never be fully satisfied because its requires more resources whereas the resources are limited.
What is a human wants?This refers to the desires, aspirations and motives of humans that can be satisfied with goods and services.
For instance, the yearning for food, shelter, clothing are example of an economic human wants.
It is also accepted that the human wants are never truly satisfied because they are endless, even though these wants can be temporarily satisfy, they will always reoccur.
Therefore, the human wants can never be fully satisfied.
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Jemimah was having problems with the tight scheduling and timelines given to her for one of her technical writing projects. She was failing to meet deadlines regularly and was unable to adjust to a variety of functional changes in the project. In this type of situation, what skill should Jemimah use to manage time and meet deadlines?
Answer: Strong time management skills.
Explanation:
Time management skills looks at achieving goals in a shorter period of time and making available time for other activities you plan to achieve, it helps you plan your events well void of much stress, gives you focus and meeting up with deadlines.
Jemimah has to work on her time management skills, she has to analyze the project and work out a plan on to meet up before the deadline. She can break the project in bits and set short deadline for her self on each task, in doing so, sh would relieve herself of stress and meet up with the deadline she was given.
which trade sanction (embargo or subsidy) would be more effective in protecting domestic jobs? EXPLAIN WHY!!!
Answer:
International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad. While all of these effects seem beneficial, free trade isn't widely accepted as completely beneficial to all parties
In simplest terms, a tariff is a tax. It adds to the cost borne by consumers of imported goods and is one of several trade policies that a country can enact. Tariffs are paid to the customs authority of the country imposing the tariff. Tariffs on imports coming into the United States, for example, are collected by Customs and Border Protection, acting on behalf of the Commerce Department.6 7 In the U.K., it's HM Revenue & Customs (HMRC) that collects the money.
javier (25) will use the single filing status for 2021. his modified adjusted gross income is $25,000. during the year, he made a $2,000 contribution to his employer's 401(k) plan. he has never taken a distribution from any retirement plan. javier is not a student. the maximum amount he may receive for the retirement savings contributions credit (saver's credit) is:
Javier (25) will use the single filing status for 2021. his modified adjusted gross income is $25,000. during the year, he made a $2,000 contribution to his employer's 401(k) plan. he has never taken a distribution from any retirement plan. Javier is not a student. the maximum amount he may receive for the retirement savings contributions credit (saver's credit) is:
$1,000. The explanation is given below.
What is the calculation justifying the above answer?Going by the 2021 Saver's Credit Rate guideline provided by the Internal Revenue Service, the savers credit rate for Single whose Adjusted Gross Income (AGI) is between $21,501 and $33,000 is 10% of their contribution. [See attached Image]
Hence,
10% of Javier's Contribution will be:
10% x 2,000
= $200
It is to be noted that the The credit does not apply to rollover donations. In addition, any recent payouts from a retirement plan or IRA, or from an ABLE account, may diminish your qualifying contributions.
The highest creditable contribution is $2,000 ($4,000 if married filing jointly), making the maximum credit $1,000 ($2,000 if married filing jointly).
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What do inventory firms use to handle bulk materials?
For handling bulk products, inventory companies utilize loaders.
The task that each unit is designed to do determines how bulk products equipment and systems are constructed, yet most systems share the same fundamental parts and functions. A complete system often includes:
1. A location for loading off the product. The system needs a point of access where products may be poured into it. This part of the system can be configured in a variety of ways, from straightforward bag dumping stations to train unloading stations.
2. A mechanism for loading. Most bulk products handling systems employ pneumatic conveyors, although there are other systems that use drag chain conveyors, screw conveyors, and bucket elevators. Numerous systems combine two or more of these various conveyors.
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Which of the following appear on the book side of a bank reconciliation?
A. Bank error
B. outstanding checks
C. deposits in transit
D. NSF check
Answer:
NSF Check
Explanation:
The phrase the customer is always right is most often associated with what term?
The phrase the customer is always right is most often associated with c) consumer sovereignty.
Many brands treated clients as if they lacked brain cells in the 1950s and 1960s, employing loud and abrasive voices and plainly inflated print. Ogilvy wanted to emphasize the importance of connecting with clients and treating them intelligently.
His beliefs mirrored a prevalent notion in the early 1900s: "The customer is always right."
This viewpoint was novel and significant at the time. Consider a world in which the consumer truly had some power. Today, thanks to social media, we live in a world where the customer may not always be correct in your opinion, but they are armed with social media and can use it against you.
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Correct question:
he phrase "the customer is always right" is most often associated with what term?
a) entrepreneurship
b) mixed economy
c) consumer sovereignty
d) regulatory government
Cost is a measure of the Select one a. seller's wilingness to sell. b. seller's producer surplus c. producer shortage d. seller's willingness to buy On a graph, the area below a demand curve and above the price measures Select one a. producer surplus b.consumer surplus c. deadweight loss. d. willingness to pay.
Cost is a proportion of the Select one a. seller's willingness to sell. It estimates the open-door cost or the worth surrendered by the vendor to sell their products. It incorporates the expense of creation, their intent for creation, the cost of the unrefined components and so o,n.
The money-related labor and products that makers and customers buy. In a fundamental financial sense, the cost is the proportion of the elective open doors predestined in the decision of one great or action over others,
Measure Cost implies the cost of a Qualified Measure, including the expense of establishment, reflected in the relevant Work Request.
Hence option (A) is correct.
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