how long does it take for an investment earning interest at a rate of 18% compounded semiannually (i.e., 2 times a year) to double in value? exact length of time (without using a calculator), t
Answers
It takes about 396 periods for the investment to double in value. This equates to 198 years, as there are two periods each year.
To evaluate how long it takes for an investment to double in value, we can use the rule of 72.
The rule of 72 says that to find the estimated time it takes for an investment to double in value, divide 72 by the annual interest rate. However, since the interest, in this case, is compounded semiannually. we have to adjust the interest rate accordingly.
The annual interest rate is 18%, but since the interest is compounded semiannually, the effective semiannual interest rate is:
\(i = (1 + r/n)^n - 1\)
\(i = (1 + 0.18/2)^2 - 1\)
i = 0.0909 or 9.09D
44 We can now apply the rule of 72 using the semiannual effective interest rate:
72 / (2 * i) = 72 / (2 * 0.0909) = 396
Therefore, it takes about 396 periods (in this case, 6-month periods from when interest is compounded semiannually) for the investment to double in value. This equates to 198 years, as there are two periods each year.
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Related Questions
Which type of advertising does a business use to enhance its image in the market and society?
Through (BLANK) advertising, businesses try to enhance their reputation in the market as well as society.
Answers
Answer:
Public relations
Explanation:
Public relations are the efforts of a company to create good relations between itself and society. It uses the media to relay positive messages about the company to society. Public relations is about creating a goods reputation for the company in the eyes of the community.
In public relations, a company engages in activities that promotes its image in society. It may sponsor sports events, engage in charity work, or partner with the community in other social activities. When such activities are highlighted in the media, they create a good reputation for the company.
Answer:
Public relations
Explanation:
!!PLEASE!!
Based on the US ASPE chart, if you are a three-person family, what income would you need to be considered below the poverty guideline?
A) $33,000
B) 45,000
C) $22,000
D) $27,000
Answers
Option C is correct.
$22,000 income would you need.The poverty line is the money required to maintain the bare necessities of life. The poverty line is the sum of money required for a person to meet his basic needs.
What is a living wage?The money needed to maintain the bare necessities of life is considered the poverty line. A person's fundamental requirements must be met before they fall below the poverty line. It is defined as the monetary worth of the products and services required to provide a person's fundamental well-being.
What does "family income below the poverty line" mean?around 27,000 Indian rupees annually The minimum household income required to qualify for benefits from the BPL (Below Poverty Line) list, according to the Union Cabinet's approved methodology, is about Rs. 27,000 annually. If a family's yearly income exceeds Rs. 27,000, it will not be included to the BPL list for that household.
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The deadweight loss from a tax is likely to be less with a good that has:
A. few substitutes
B. an elastic supply
C. an elastic demand
D. few complements
E. many substitutes
Answers
The deadweight loss from a tax is likely to be less with a good that has an elastic demand.
The deadweight loss from a tax refers to the inefficiency and economic loss that occurs when a tax is imposed on a good or service. The magnitude of the deadweight loss depends on various factors, including the elasticity of supply and demand for the taxed good. In this context, the answer choice that would result in a lower deadweight loss is C. An elastic demand.
When a good has an elastic demand, it means that consumers are more responsive to changes in price. If a tax is imposed on the good, the increase in price due to the tax will lead to a larger decrease in quantity demanded. This responsiveness to price changes means that consumers are more likely to adjust their behavior and substitute the taxed good with alternatives or reduce their consumption. As a result, the deadweight loss from the tax is reduced because the decline in consumer surplus is mitigated by the decrease in quantity demanded.
On the other hand, if a good has few substitutes or a relatively inelastic demand, consumers have limited options to switch to alternative goods when the price increases due to the tax. In such cases, the deadweight loss from the tax is likely to be higher as consumers are less responsive to price changes, leading to a larger decrease in consumer surplus and economic efficiency.
Therefore, the presence of an elastic demand for a good reduces the deadweight loss from a tax, while goods with inelastic demand or few substitutes are more likely to result in higher deadweight losses.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
QUESTION 22 What is one cost of avoiding insurance? A. falling into debt if faced with a serious problem B. not benefitting from insurance deductibles C. not being able to purchase a car or home D. facing increased probability of accidents
Answers
Answer:
A. falling into debt if faced with a serious problem
A firm has the following inverse demand and total cost relationships: P=120 – 0.5Q C=225+60Q+Q² a. Determine the quantity (Q) that maximizes profit. b. Calculate P, R, C, AC, and at the optimal quantity found in part a. c. Determine the quantity (Q) that maximizes total revenue. d. Calculate P, R, C, AC, and x at the optimal quantity found in part c. e. Determine the quantity (Q) that minimizes average cost. £. Calculate P, R, C, AC, and a at the optimal quantity found in part e.
Answers
The quantity that minimizes average cost is determined to be 30 units, with a price of £105, revenue of £3,150, cost of £3,375, average cost of £112.50, and profit of -£225.
To find the quantity that maximizes profit, we first need to derive the firm's profit function. Profit (π) is calculated as revenue (R) minus cost (C). Given the inverse demand function P = 120 - 0.5Q and the total cost function C = 225 + 60Q + \(Q^2\), we can express revenue as R = P * Q and cost as C = 225 + 60Q + \(Q^2\). Substituting these equations into the profit function, we have π = (120 - 0.5Q)Q - (225 + 60Q + Q^2). Simplifying further, we obtain π = -Q^2 - 59.5Q + 120Q - 225.
To find the quantity that maximizes profit, we take the derivative of the profit function with respect to Q and set it equal to zero. By differentiating and solving for Q, we find Q = 60. Substituting this value back into the inverse demand function, we determine the price P = 120 - 0.5(60) = £90. With these values, we can calculate revenue R = P * Q = £90 * 60 = £5,400 and cost C = 225 + 60Q + \(Q^2\) = £4,725. Average cost AC is obtained by dividing total cost by the quantity, resulting in AC = £4,725 / 60 = £78.75. The profit is calculated as π = R - C = £5,400 - £4,725 = £675.
Similarly, to find the quantity that maximizes total revenue, we differentiate the revenue function with respect to Q and set it equal to zero. Solving for Q, we obtain Q = 60, which leads to P = £90. Consequently, R = £5,400, C = £4,725, and π = £675. These values remain the same as in the previous case since maximizing total revenue does not necessarily result in maximum profit.
To find the quantity that minimizes average cost, we take the derivative of the average cost function with respect to Q and set it equal to zero. Solving for Q, we find Q = 30. Substituting this value back into the inverse demand function, we determine the price P = 120 - 0.5(30) = £105. With these values, we can calculate revenue R = P * Q = £105 * 30 = £3,150 and cost C = £3,375. Average cost AC is obtained by dividing total cost by the quantity, resulting in AC = £3,375 / 30 = £112.50. The profit is calculated as π = R - C = £3,150.
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Business is a social process . Discuss
Answers
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
Hope this help BLINK!
Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
Answers
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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In 2019 the United States exported approximately goods and services produced in the country. percent of all Multiple Choice a)3 b)8 c)12 d)20
Answers
In 2019, the United States exported approximately 8 percent of all goods and services produced in the country. How did I find the answer? The question asks what percentage of all goods and services produced in the United States were exported in 2019.
The correct option is B.
To find the answer, we need to know the total value of exports and the total value of goods and services produced in the country. According to the World Bank, the United States exported goods and services with a total value of $2.5 trillion in 2019. The Bureau of Economic Analysis reports that the gross domestic product (GDP) of the United States in 2019 was $21.4 trillion.
Therefore, to find the percentage of goods and services produced that were exported, we can divide the value of exports by the value of GDP and multiply by 100:$$\frac{2.5\text{ trillion}}{21.4\text{ trillion}}\times100\%=11.6822\%\approx8\%$$So the answer is (b) 8.
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In Business Process Modeling Notation (BPMN), solid arrows depict the flow of messages and data. False or True
Answers
The given statement is false. In Business Process Modeling Notation (BPMN), solid arrows depict the flow of activities, also known as the sequence flow. Sequence flow represents the order in which activities are performed within a business process. These arrows connect different elements in the process model, such as tasks, gateways, and events, to indicate the flow of control.
On the other hand, the flow of messages and data is represented by dashed arrows called message flow. Message flow is used to show communication between different participants or process instances. It connects elements like tasks or events that involve sending or receiving messages, helping to visualize the interaction between different processes or participants in the BPMN diagram.
In summary, solid arrows represent sequence flow (the flow of activities), while dashed arrows represent message flow (the flow of messages and data) in BPMN diagrams.
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if the cost of receptionists is $150 per worker per day, and the cost of computers is estimated at $80 per computer, what is the number of workers that minimizes the firm's cost of production?
Answers
The number of workers that minimizes the firm's cost of production is 0.
To find the number of workers that minimizes the firm's cost of production, we must calculate the total cost for each number of workers and then compare them.
Let's assume that there are x number of workers.
The total cost for x number of workers = (150x) + (80)
We now need to calculate the total cost for each possible number of workers from 0 to infinity and compare them to find which total cost is the least.
The total cost for 0 workers = 80
The total cost for 1 worker = 230
The total cost for 2 workers = 380
The total cost for 3 workers = 530
We can see that the total cost for 0 workers is the least at 80.
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Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
Answers
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
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Lev Knossos sells high tech equipment and software to companies in Greece. When he first started selling to Greek businesses, he was told that the Greek market lagged behind others in the use of technology. After conducting research, Knossos visited the Commercial Bank of Greece and explained how his products could create Web pages for the bank and facilitate banking transactions. By applying his product knowledge to solve a technology issue that he identified, Knossos took the role of: Tactical partner. Creative problem solver. Low-involvement decision maker. Transactional partner. Exchange creator.
Answers
Answer: Creative problem solver
Explanation:
Creative problem-solving refers to the process of finding a solution to a problem that doesn't have a solution before. It is an previously unknown and an original solution to a problem.
Creative problem solving is when an individual gets creative in order to develop new ideas and therefore get the solutions to the problems encountered.
Since Knossos visited the bank and explained how his products could give the bank solution to help facilitate banking transactions, he's a creative problem solver.
The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?
Answers
Answer:
There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.
The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:
There was a need to reduce the influence of the wealthyAccording to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.
As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.
With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.
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Which of the following would be an example of a WANT?
Answers
how to figure out if a comapny is a monopoly an oligopoly monopolistically competitve or perfectly competitive
Answers
In a monopolistic market, there is only one company that has complete market dominance and sets the prices and levels of supply for goods and services whereas a perfectly competitive market is made up of numerous firms.
Companies are price makers in a monopolistic market because they set the prices for goods and services. Prices for goods and services are typically high in this type of market because businesses enjoy complete market dominance.
Buyers are aware of the nature of the goods being offered and the prices each firm charges, and the industry is characterized by freedom of entry and departure. In a completely competitive market, all firms sell the same product and are price takers.
The market is dominated by a small number of large suppliers in an oligopoly. Other less significant suppliers with a minor fraction of the oligopoly market share are possible. Oligopoly may stock, produce, or differentiate identical or similar goods.
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The government can make money by borrowing from its population in the form of governmental bonds.
A. True
B. False
Answers
Answer:
False
Explanation:
Voting, participating in community organizations, and learning about political values are all part of your civic duty.
true
false
Answers
The answer is True
Answer: Its True, I had the answer before and its true
o
A command economy tends to exist under a
democratic government that provides little regulation.
socialist government that provides some regulation.
representative government that provides no regulation.
communist government that provides a lot of regulation.
Answers
The correct answer is D. Communist government that provides a lot of regulation.
Explanation:
In a command economy, the economy is not controlled by the relations of supply/demand or by individual decisions to produce/buy/sell products. Instead, these aspects of the economy are controlled by the government. Moreover, this type of economy is most common in communists or socialists governments because in these, individual freedoms tend to be limited and the government has a lot of control over most aspects of the society, including economy. Also, in a command economy, the government issues a lot of regulations and has a lot of control. According to this, the correct answer is D.
Answer:
(D) communist government that provides a lot of regulation.
Explanation:
Your Welcome :D
what type of cost remains the same per unit at every level of activity?
Answers
Answer:
A variable cost
Explanation:
A variable cost remains the same per unit at every level of activity.
I hope this helps.
increasing open space on a project helps which of the following green building goals? question 87 options: a) reducing the heat island effect b) reducing the storm water quality c) increasing native plantings d) increasing the building's water efficiency
Answers
Reducing the quality of storm water is one of following green construction objectives, according to the question.
Why is it crucial for a firm to save costs?The amount of money the firm has accessible grows when expenditures are decreased. Increased earnings and dividend payments to shareholders can result directly from this, or capital investment may be freed up to support business development or growth.
What do you mean by reducing?Any operation (such as the incorporation of hydrogen or the removal of oxygen) that adds electrons to with an atom or an ion is always followed by the oxidizing of the reduced substance. substitute: decrease. chemical, or reactional, in nature.
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A nonprofit organization is trying to convince a mayor to adopt a Citywide recycling program the group includes this sentence and its presentation according to the governmental sources 75% of waste is recycled wool but only 30% is actually recycled which type of hook is it being used A)call to action B)funny story C)question D)statistic
Answers
Answer: call to action
Explanation:
The answer to the question is call to action because:
The non-profit organization wants the mayor to adopt a citywide recycling program. The organization wants the mayor to take action against pollution by adopting this program. This is an example of call to action.
Best of Luck!
Answer:
d
Explanation:
Starbucks offers _______ agreements for many of its stores which include equipment, training, and support. in this type of agreement, starbucks receives commissions or royalties on sales.
Answers
Starbucks offers Licensing agreements for many of its stores which include equipment, training, and support. in this type of agreement, Starbucks receives commissions or royalties on sales.
What is the Licensing in regards to business?The term is one that connote the act or the process of providing or getting permission to have, make, or use a thing that another person or firm has made or owns:
Note that this form of market stands for a growth area for the company that are involved.
Therefore, Starbucks offers Licensing agreements for many of its stores which include equipment, training, and support. in this type of agreement, Starbucks receives commissions or royalties on sales.
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Claudia and Dayson are upper-level managers working for the same company, but they are located in different countries and come from different cultures. The company is implementing a new accounting process, so Jorge, the company CEO, invites Claudia, Dayson, and a few other managers to join him on a video conference. During the video conference, Claudia asks Jorge if the company will be creating a temporary help desk to ease the transition. Jorge replies, "I'll think about it and get back to you later." To Claudia, this means he will honestly consider the possibility and will send an email with his decision. To Dayson, Jorge's expression during this statement indicates that he is simply maintaining social harmony and that a help desk will not be created. Which of the following is most likely true about Claudia's and Dayson's cultures?
A) Claudia is from a high-context culture, and Dayson is from a low-context culture.
B) Dayson is from a high-context culture, and Claudia is from a low-context culture.
C) Both Claudia and Dayson are from high-context cultures.
D) Both Claudia and Dayson are from low-context cultures.
Answers
The correct answer is B) ) Dayson is from a high-context culture, and Claudia is from a low-context culture.
Explanation:
The term "high-context culture" is used to refer to cultures in which implicit communication, nonverbal elements, and context are important factors of communication. This implies many words and expressions in these cultures do not have a literal meaning. According to this, it is likely Dayson is from a high-context culture, considering he focused on the implicit message in Jorge's words rather than considering the message was literal.
On the other hand, in "low-context culture" elements such as implicit meaning or context are not frequently used, this means, most communication is literal and explicit. This shows Claudia is from a low-context culture because rather than thinking Jorge's answer was just a formalism or irony, she interpreted the message literally.
What technique can students use to narrow down the amount of information their online search results give them?
A.
Learn to read lots information as quickly as possible.
B.
Stick mostly to only the top results of the search.
C.
Narrow results down to the most recently updated sites.
D.
Use precise keywords and refine their searches.
Answers
Your query will be more targeted more the keywords you choose. You might also consider utilizing more targeted keywords.(option d)
How can I focus my Online search?To omit a specific phrase, use the sign. These terms cannot appear in you search results on browser. Always add particular keywords in your search results by using the plus sign . These terms must always appear in search results. By selecting other terms, you can further focus your search. For this example, other keywords might concentrate on a related topic, an age bracket, or even a particular technology. Your findings become more manageable by substituting a more precise term, like television, for technology.
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The epicurean society is holding its annual election for president. the three candidates are a, b, and
c. twentytwenty percent of the voters like upper bb the most and upper aa the least. forty forty percent of the voters like upper aa the most and upper cc the least. of the remaining 234234 prefer upper cc to upper bb and upper bb to upper aa, and 702702 prefer upper cc to upper aa and upper aa to upper bb. write out the preference schedule for this election.
Answers
Answer:
b
Explanation:
How long would it take to double your money in an account that paid 6% per year
Answers
Answer:
depending on how much you put in there to start with but 5 to 10 years
The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods.
Answers
The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods is known as "net profit." Net profit is an important financial metric for businesses, as it indicates the company's overall financial health and profitability.
To calculate net profit, one must consider various costs and expenses incurred in the business operation. Firstly, the cost of bringing goods into the store, also called the cost of goods sold (COGS), should be considered. This includes expenses like purchasing the products, shipping, and storage.
Secondly, operating expenses need to be taken into account. These include expenses associated with running the business, such as rent, utilities, salaries, and marketing efforts. Once you have the total costs and expenses, subtract them from the total sales revenue generated by selling the goods.Net profit = Sales revenue - (Cost of goods sold + Operating expenses)Understanding net profit is essential for businesses to make informed decisions about pricing, investments, and expansion.
By maximizing net profit, companies can increase their financial stability, reinvest in the business, and provide a return on investment for stakeholders. However, it's crucial to maintain a balance between cost reduction and maintaining product quality, as focusing solely on increasing net profit can lead to decreased customer satisfaction and long-term negative impacts on the business.
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The statement made by Lynn Turner, former SEC chief accountant, "Are the auditors going to serve management, or are they going to serve the best interests of the investing public?", refers to concerns about:
Answers
Answer:
The correct answer is "Conflict between professionalism and commercialism".
Explanation:
As a professional service rather than partnership presents a condition that may impede the implementation including its independent review-this statement generates possible interest confliction as the impairment of the conclusion of the investigation contributes to the violation of conduct.A professional service produces a condition that may well compromise impartial judgment - The journalistic integrity of an external auditor should not be compromised according to the standard prohibition claim. This can then cause friction.So that the given statement refers to the above solution.
Terophone charge is debit or credit
Answers
Answer:
credit
Explanation: