Answer:
Period Cost
if selling and administrative expenses are allocated to different products, they should be reported as a PERIOD COST.
If selling and administrative expenses are allocated to different products, they should be reported as a period cost. Thus the correct option is D.
What is a Product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
The continuing cost of maintaining a system, business, or product is known as an operating expense. The costs of running a business referred to this.
These selling and administrative expenses comprise salaries for managerial and administrative positions, as well as rent and utilities, advertising and promotion as well as sales
Any expenses a business has that are incidental to the manufacturing process are referred to as period costs. This indicates that they have no connection to a company's inventory costs or the price of a single product.
Therefore, option D is appropriate.
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The complete question is Probably
If selling and administrative expenses are allocated to different products, they should be reported as a
a. factory overhead cost
b. cost of goods manufactured
c. cost of goods sold
d. period cost
introduce national employment with its importance and examples
Answer:
national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Explanation:
Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
the useful life of a purchased trademark is considered to be indefinite, therefore the cost of the trademark is
Answer: not amortized
Explanation:
Amos owns a piece of land along a country dirt road. Very few cars use the road, and the land is relatively secluded. One day Amos hears that the county is planning to build a major highway that will go right along the border of his property. He checks the newspaper and sees that plans to build the road are being made and funds are being arranged. Amos immediately drains his modest bank account and borrows money from his family and friends to erect a diner on his property to attract the highway drivers. Just as he finishes construction of the diner, the county changes its plans and decides to build the highway along another route, miles from Amos's property. Amos now has a shiny new diner, miles from any traffic and essentially in the middle of nowhere. What legal options does Amos have, if any?
In this situation, Amos may consult with an attorney who specializes in land use and eminent domain issues to discuss his legal choices and whether or not to pursue any compensation claims based on the circumstances of the county's changed plans and how it affected him.
Amos's legal options in the event of the county changing its plans after he had borrowed money from friends and family to erect a diner on his property to attract highway drivers can be assessed as follows; What are Amos's legal options? In this situation, Amos might have legal options to recoup some of the money he spent on the diner.
If Amos's property is adjacent to where the county ultimately builds the highway, he might be entitled to a smaller amount of compensation. The state may utilize the power of eminent domain to take over land or property for the public good.
The owner of the property receives reimbursement from the government in exchange for this transfer of land.
The use of eminent domain might not always result in a legal settlement that the property owner perceives to be fair, and it may be complicated and lengthy.
Therefore, in this situation, Amos may consult with an attorney who specializes in land use and eminent domain issues to discuss his legal choices and whether or not to pursue any compensation claims based on the circumstances of the county's changed plans and how it affected him.
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A bond has a maturity of 10 years, face value of $1,000, and coupon rate of 5.00%. coupon payments are made semiannually. if the bond is currently selling for $1,137.90, compute its annual yield to maturity, with semiannual compounding.
The yield to maturity of the bond is 4%.
What is the yield to maturity?
The yield to maturity is the discount rate the equates the cost of the bond to the cash flows of the bond.
The yield to maturity can be determined using a financial calculator:
Cash flow in year 0 = $1,137.90Cash flow from period 1 to 20 = 50 Cash flow in year 20 = 1000 YTM = 4%To learn more about bond yield, please check: https://brainly.com/question/27287677
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NEED HELP ASAP, WILL GIVE BRAINLIEST
The chart below shows a production possibility schedule for a pastry shop that makes $0.50 profit per donut and $0.75 profit per bagel. Choice __ yields the largest profit.
Answer:
its B
Explanation:
if you take how much he makes per donut and per bagel and multiply it by the quantity of each it will give you a total and you just add both the donut total and the bagel total it will give you the final profit and you do that to all of them and see which one has the most money
Ch. 5) Hedging by Futures Contracts. You hedged your company's exposure to the GBP appreciation against the USD by entering one unit of December GBPUSD foreign exchange futures contract (each GBPUSD futures contract with GBP 62,500) at the GBPUSD futures exchange rate of 1.1380 on September 26, with the GBPUSD spot exchange on that day at 1.1370. On October 10, you discovered that the December GBPUSD futures was quoted at 1.1330, and the spot rate for GBPUSD on that day was 1.1315. It is now October 11; you observe that the December GBPUSD futures is quoted at 1.1290, and the spot rate for GBPUSD is 1.1278.
What is your hedging position (to buy or to sell) using the GBPUSD futures?
Who may be your counterparty?
What is the total profit or loss on this futures position as of October 10? [Hint: when you mark a future contract to market, always use the future exchange rates maturing on the same day, not the spot exchange rates.]
If you deposited the required initial margin, which is $2,800, on September 26, and had not touched the account or gotten any margin calls since making that cash deposit until October 10. The maintenance margin is $2,250. What was your margin account balance on October 10?
Given all the information from part d, what is the total profit or loss on this futures position as of October 11? What is your daily profit or loss on this futures position on October 11? What was your margin account balance on October 11 if you do not do anything on your margin account? What happens to your margin account and futures position on October 11, and what must you do?
List three differences between futures and forwards.
1. Hedging Position: To determine your hedging position using the GBPUSD futures, you need to compare the futures exchange rate with the spot rate. On September 26, the GBPUSD spot exchange rate was 1.1370, and the GBPUSD futures exchange rate was 1.1380. Since the futures rate was higher, you were hedging against GBP appreciation by selling GBPUSD futures.
2. Counterparty: The counterparty in this futures contract would be another market participant who took the opposite position. In this case, since you were selling GBPUSD futures, your counterparty would be a market participant who bought GBPUSD futures.
3. Total Profit/Loss as of October 10: To calculate the total profit or loss on this futures position as of October 10, you need to mark the futures contract to market using the futures exchange rate maturing on the same day. On October 10, the futures exchange rate was 1.1330. By selling at a higher rate of 1.1380 and buying at 1.1330, you would have made a profit of (1.1380 - 1.1330) * 62,500 = $312.50.
4. Margin Account Balance on October 10: Since you hadn't received any margin calls, your margin account balance on October 10 would be the initial margin minus any losses. The initial margin was $2,800, and you made a profit of $312.50. Therefore, your margin account balance on October 10 would be $2,800 - $312.50 = $2,487.50.
5. Total Profit/Loss as of October 11: To calculate the total profit or loss on October 11, you need to mark the futures contract to market again. On October 11, the futures exchange rate was 1.1290. By selling at a higher rate of 1.1380 and buying at 1.1290, you would have made a profit of (1.1380 - 1.1290) * 62,500 = $562.50.
6. Daily Profit/Loss on October 11: To calculate the daily profit or loss on October 11, you need to subtract the previous day's profit or loss from the current day's profit or loss. The previous day's profit was $312.50, and the current day's profit is $562.50. Therefore, the daily profit on October 11 would be $562.50 - $312.50 = $250.
7. Margin Account Balance on October 11: If you did not do anything on your margin account, the margin account balance on October 11 would be the previous balance plus the daily profit or loss. The previous balance was $2,487.50, and the daily profit on October 11 was $250. Therefore, the margin account balance on October 11 would be $2,487.50 + $250 = $2,737.50.
Three Differences between Futures and Forwards:
1. Standardization: Futures contracts are standardized agreements traded on exchanges, while forwards are customized contracts negotiated between two parties.
2. Counterparty Risk: In futures contracts, the exchange acts as the counterparty, reducing counterparty risk. Forwards involve direct counterparty risk between the two parties involved.
3. Secondary Market: Futures contracts have a liquid secondary market, allowing for easy entry and exit, while forwards do not have a secondary market, making them less liquid and harder to unwind before maturity.
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Explain why the credit industry wants you to believe that you need a credit score
Answer:
Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.
Let understand that Credit score refers the score which tells about a consumer's creditworthiness.
In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.
The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.
Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.
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Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.
Answer:
economic rent of $65,000
Explanation:
Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum
Economic rent = $150,000 - $85,000 = $65,000
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Without the regulation, economic profit would be driven to zero.
which of the following functions can a corporation do on its own behalf?
A corporation can perform various functions on its own behalf, such as entering into contracts, buying and selling assets, hiring and firing employees, and issuing shares. These functions enable a corporation to operate independently and fulfill its objectives.
A corporation can perform a wide range of functions on its own behalf, such as entering into contracts, acquiring assets, raising capital, issuing stocks, paying taxes, and engaging in legal actions. However, it cannot perform certain functions that are reserved for natural persons, such as voting or running for public office. Additionally, a corporation must operate within the legal and regulatory framework established by the government and abide by the rules and regulations that govern its industry.
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The correct answer is: e) All of the above. A corporation has the ability to perform all of the listed functions on its own behalf. It can enter into contracts with other parties, raise capital by issuing stocks and bonds, make strategic business decisions to drive its operations, and hire employees to fulfill its staffing needs.
Additionally, it has the ability to raise capital through issuing stocks and bonds, enabling it to secure funds from investors and the public for business operations and expansion. Moreover, a corporation possesses the autonomy to make strategic business decisions, including those related to investments, mergers, acquisitions, and market expansion. Lastly, it can hire employees to build its workforce, ensuring the necessary skills and expertise are available for the company's functioning. In summary, a corporation can independently perform all of these functions, allowing for its effective operation and growth.
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Full Question ;
Which of the following functions can a corporation do on its own behalf?
a) Enter into contracts
b) Raise capital through issuing stocks and bonds
c) Make strategic business decisions
d) Hire employees
e) All of the above
Milden company is a distributor who wants to start using a contribution format income statement for planning purposes. the company has analyzed its expenses and developed the following cost formulas: cost cost formula cost of good sold $35 per unit sold advertising expense $210,000 per quarter sales commissions 6% of sales shipping expense ? administrative salaries $145,000 per quarter insurance expense $9,000 per quarter depreciation expense $76,000 per quarter because shipping expense is a mixed cost, the company needs to estimate the variable shipping expense per unit sold and the fixed shipping expense per quarter using the following data: quarter units sold shipping expense year 1: first 10,000 $ 119,000 second 16,000 $ 175,000 third 18,000 $ 190,000 fourth 15,000 $ 164,000 year 2: first 11,000 $ 130,000 second 17,000 $ 185,000 third 20,000 $ 210,000 fourth 13,000 $ 147,000 required: 1. using the high-low method, estimate a cost formula for shipping expense in the form y
The cost formula for shipping expense is y = $28,000 + $9.1x where x represents the number of units sold.
To estimate the cost formula for shipping expenses using the high-low method, we need to identify the highest and lowest levels of activity and the corresponding total costs. From the data provided, it appears that the highest level of activity is in Year 2, the third quarter with 20,000 units sold and a shipping expense of $210,000. The lowest level of activity is in Year 1, a first quarter with 10,000 units sold and a shipping expense of $119,000.
The variable cost per unit can be calculated as the change in cost divided by the change in activity: ($210,000 - $119,000) / (20,000 - 10,000) = $9.1 per unit.
The total fixed cost can be calculated by subtracting the total variable cost from the total cost at either the highest or lowest level of activity. Using the highest level of activity: $210,000 - ($9.1 * 20,000) = $28,000.
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You want to accumulate $3,000,000 for your retirement in 40 years. What annual interest rate must you earn if you deposit $1,000 per year each year until retirement? a. 16.8454
b. 40
c. 3.000.000
d. 0
The Annual Interest Rate (AER) = 16.8454
Annual Interest Rate = RATE (nper,pmt,pv,fv)
Annual Interest Rate =RATE (40,-1000,0,3000000)
Annual Interest Rate =16.85%
Annual Interest Rate = 16.8454
When the benefits of compounding over time are taken into account, the real return on a savings account or any other interest-paying investment is known as the Annual Interest Rate (AER). It also displays the actual percentage rate of interest owed on any outstanding debts, including credit card debt and loans.
It is also known as the yearly equivalent rate, the Annual Interest Rate (AER), and the effective rate.
The genuine interest rate attached to an investment or loan is described by the effective Annual Interest Rate. The fact that the effective yearly interest rate takes into consideration the reality that more frequent compounding periods will result in a higher effective interest rate is its most significant aspect.
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What is costumer sovereignty?
Answer:
It's the ability of the consumer to be able to control the supply and demand and prices of products through their actions
Explanation:
because that Is the actual definition
1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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2. Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility. a. True b. false
The statement "Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility" is false because the promotion to the position of facility manager often means that more responsibilities are entrusted to the person holding that position and the job becomes more challenging.
Facility management involves a wide range of responsibilities and duties that are essential for the smooth operation and maintenance of a facility.
Once someone is promoted to the position of facility manager, they become responsible for supervising the daily operations of the facility, coordinating with various teams, overseeing facility maintenance and repairs, ensuring compliance with safety and health standards, and managing the facility's budget and resources.
As such, the job of a facility manager can become more demanding after their promotion. Although subordinates may provide support, they do not take away the facility manager's responsibility for ensuring that all aspects of the facility's operation are running smoothly.
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What four techniques do producers usually use to deal with limited capital goods?
The four techniques that producers usually use to deal with limited capital goods are: Prioritization, Substitution, Specialization, Collaboration.
What four techniques do producers usually use to deal with limited capital goods?Producers often use the following four techniques to deal with limited capital goods:
Prioritization: Producers prioritize which projects or products to focus on based on the potential return on investment, market demand, and other factors. This allows them to allocate resources effectively and maximize their impact.
Substitution: Producers may substitute one capital good for another if it is more readily available or more cost-effective. For example, they may use a less expensive machine or equipment to produce a particular product.
Specialization: Producers may specialize in producing only a limited range of products or services, allowing them to concentrate their resources and expertise in that area.
Collaboration: Producers may form partnerships or joint ventures with other companies to pool resources and share the costs and risks of investment. This can help them overcome limitations on capital and achieve their goals more efficiently.
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Virtue ethics places great focus on which of the following
Answer:
character i think.
Explanation:
How much candy is in 30 bags? there are 10 pieces of candy each
Answer:
300
Explanation:
10/30=300
in the video's example, the nash equilibrium occurred when both magicians cheat and perform 5 shows per week. this is the nash equilibrium because:
The correct option is: c. both players are playing their dominant strategies. In this situation, both magicians cheating and performing 5 shows per week is the equilibrium point, as neither can improve their outcome by deviating from this strategy.
In the video's example, the Nash equilibrium occurs when both magicians cheat and perform 5 shows per week. This is the Nash equilibrium because:
1. Each magician considers the other's actions when making their decision.
2. Given the other magician's decision to cheat and perform 5 shows per week, neither magician can gain an advantage by changing their own decision.
3. Both magicians choose the best response to their opponent's choice, resulting in a stable state where no magician has an incentive to change their strategy.
In this situation, both magicians cheating and performing 5 shows per week is the equilibrium point, as neither can improve their outcome by deviating from this strategy.
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the complete question is:
In the video's example, the Nash equilibrium occurred when both magicians cheat and perform 5 shows per week. This is the Nash equilibrium because:
a. it minimizes the difference between the profits of both magicians.
b. it maximizes the total profit of both magicians.
c. both players are playing their dominant strategies.
d. neither player has a dominant strategy.
$5,900+net+sales:+$88,000+net+purchases:+$86,000+the+company's+gross+profit+ratio+is+20%.+using+the+gross+profit+method,+the+cost+of+goods+sold+and+the+estimated+ending+inventory+value+would+be:_________
Using the gross profit method, the cost of goods sold is $4720 and the estimated ending inventory value is $40,280.
How to solveCost of/ goods sold = (1 - gross profit ratio) * net sales = (1 - 0.2) * $5900 = $4720
Estimated ending inventory value = cost of goods available for sale - cost of goods sold = ($5900 + $86000) - $4720 = $40,280
The gross profit ratio is 20%, so the company's gross profit is $5900 * 0.2 = $1180. The cost of goods sold is therefore $5900 - $1180 = $4720.
The cost of goods available for sale is $5900 + $86000 = $91900. The estimated ending inventory value is therefore $91900 - $4720 = $40,280.
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how did Suzy Batiz failures set her up for success?
Answer:
I'm not sure
Explanation:
Not enough explanation.
Internal channels of business communication are designed to reach _____.
1) within the business itself
2) coworkers and upper management within the company
3) a small, targeted group of consumers
4) a large percentage of the consumer market
Answer: coworkers and upper management within the company
Explanation:
Internal channels of business communication are designed to reach coworkers and upper management within the company.
Internal communication is simply the communication that takes place between the workers in a company and the top management. It is an open communication strategy that is used in order to carry everyone along and also achieve organizational goals.
BOX 2.5 Case Highlight Limiting Imports of Hormone-Treated Beef Case Name and Tribunal European Communities-Measures Concerning Meat and Meat Products (Hormones) (WTO Appellate Body, 1998)17 Facts In response to concerns of EU citizens about the risks presented by beef injected with natural and synthetic growth hormones, the European Union imposed a ban on the import of such beef. The United States challenged the restriction under the SPS Agreement, claiming that the panel reviewing the issue evalu- ated the risk associated with the use of hormones for growth promotion twice and the only evidence on record showed that the studies looked at a "theoretical framework for the systemic analysis of such problems" but did not actually investigate and evaluate the problems that arise from the use of such hormones. Issue Did the EU's ban on hormone-treated beef comply with the re- quirements of the SPS Agreement? Decision A risk assessment, as required by Article 5.1, is "a scientific process aimed at establishing the scientific basis for the sani- tary measure a Member intends to take." The ban was found not to be based on a risk assessment that followed scientific principles and procedures and, therefore, was in violation of the SPS Agreement. Analysis/Application In order to rely on exceptions to the GATT under the Agree- ment on Technical Barriers to Trade (TBT Agreement), member states must rely on sound scientific principles and provide evi- dence of such. Aftermath The case raised difficult issues and required a consideration of the uncertainty presented by divisions of scientific opinion. The European Union was unwilling to remove its restrictions on the import of the hormone-treated beef, with the result that the WTO in 1999 authorized the United States and Canada to col- lect penalties of more than $100 million per year in extra duties on European exports. The European Union brought the issue back to the WTO, where unprecedented open hearings were held in 2005. The European Union argued that new scientific evidence showed that the European Union complied with the 1998 WTO judgment. The impasse between the United States and the European Union was settled by way of a negotiated agreement in 2012 in which the European Union kept its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
The case mentioned is the European Communities-Measures Concerning Meat and Meat Products (Hormones) case, which was brought before the WTO Appellate Body in 1998.
The case involved a dispute between the European Union (EU) and the United States regarding the EU's ban on the import of beef treated with growth hormones.
The EU had imposed the ban in response to concerns raised by its citizens regarding the potential risks associated with the consumption of beef injected with natural and synthetic growth hormones. The United States challenged the ban, arguing that the EU had not conducted a proper risk assessment as required under the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement).
The Appellate Body, in its decision, determined that the EU's ban on hormone-treated beef did not comply with the requirements of the SPS Agreement. It stated that a risk assessment should be a scientific process aimed at establishing the scientific basis for the sanitary measure, and the EU's ban did not follow scientific principles and procedures.
The case highlighted the importance of relying on sound scientific principles and providing evidence when implementing trade measures that may restrict imports. Under the Agreement on Technical Barriers to Trade (TBT Agreement), exceptions to the General Agreement on Tariffs and Trade (GATT) require adherence to scientific principles.
The aftermath of the case resulted in tensions between the United States and the European Union, with the WTO authorizing the United States and Canada to impose extra duties on European exports. Subsequent efforts were made to resolve the dispute, and in 2012, a negotiated agreement was reached. The European Union maintained its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
Overall, the case showcased the challenges of balancing trade restrictions based on public health concerns and the need to ensure that such measures are supported by scientific evidence and comply with international trade agreements.
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industry profits decline during the market maturity stage due to______.
a. mismanaged budgets and price stabilization
b. sale of shoddy varieties of the original product
c. declining competition and declining manufacturing costs
d. declining sales and dipping promotion costs
e. increased competitive pressure to cut prices
Industry profits decline during the market maturity stage due to increased competitive pressure to cut prices.
During the market maturity stage, which occurs after a period of growth, the industry becomes saturated with competitors and the market becomes more mature and stable. As a result, there is often increased competitive pressure to cut prices. This can lead to declining industry profits as companies lower their prices to attract customers and maintain market share.
In the market maturity stage, customers have more options to choose from, and companies may engage in price wars or offer discounts to stay competitive. As a result, profit margins can shrink as companies strive to maintain sales volume at the expense of profit per unit.
Mismanaged budgets and price stabilization (option a) can certainly impact profits, but they are not specific to the market maturity stage. They can occur at any stage of the business cycle.
Selling shoddy varieties of the original product (option b) may lead to reputational damage and loss of customers, but it is not a direct cause of declining industry profits during the market maturity stage.
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According to the video, what are some tasks performed by Tellers? Check all that apply.
O reviewing insurance applications
O cashing checks
O analyzing investment opportunities
O judging risk based on statistics
O accepting payments for a customer's bills
O dealing with foreign currencies
Answer:
Cashing checks, receiving checks/ paying out money, entering transactions on computers
Explanation:
According to O*NET, what are some common tasks performed by Tellers? Check all that apply.
Answer:
2, 5, 6
Explanation:
Hope this helps!
a(n) gain is an existing uncertainty that might result in a gain.
An "existing uncertainty" implies a lack of clarity or certainty about a particular situation or outcome. On the other hand, a "gain" typically refers to a positive outcome or benefit.
In the context of risk and uncertainty, a gain would typically be associated with a positive opportunity or potential for profit. However, gains are usually not categorized as uncertainties because uncertainties imply unknown or unpredictable outcomes.
Uncertainties are often associated with risks, which can be categorized as either positive (opportunities) or negative (threats). Positive risks or opportunities refer to situations where there is a possibility of gain or benefit, while negative risks or threats involve potential losses or adverse outcomes.
Therefore, it would be more accurate to say that an existing uncertainty might result in a positive gain or opportunity, rather than labeling the gain itself as an uncertainty.
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Something is considered a business primarily based on:
Something is considered a business primarily based on:
The functions the organization performs
The size of the office and/or staff
Having a hierarchical leadership structure
The amount of profit it generates
Question at position 2
2
1 point
Question at position 2
A business is a registered company that exchanges goods or services for money
A business is a registered company that exchanges goods or services for money
True
False
Question at position 3
3
1 point
Question at position 3
The finance team is not responsible for the overall strategy and direction of the company money.
The finance team is not responsible for the overall strategy and direction of the company money.
True
False
Question at position 4
4
1 point
Question at position 4
You’ve just found out that your business has gone hugely over budge, spending the annual budget already even though it’s only October. Which team member(s) would you need to call in to your office for a serious conversation about whether or not the established annual budget already even though it’s only October. Which team member(s) would you need to call in to your office for a serious conversation about whether or not the established annual budget was appropriate?
You’ve just found out that your business has gone hugely over budge, spending the annual budget already even though it’s only October. Which team member(s) would you need to call in to your office for a serious conversation about whether or not the established annual budget already even though it’s only October. Which team member(s) would you need to call in to your office for a serious conversation about whether or not the established annual budget was appropriate?
Marketing
Finance
Accounting
Sales
Question at position 5
5
1 point
Question at position 5
There’s a major expo event coming up where your competitors will be buying booths to show off their products. Your ____ department proposes that one of their members goes to the expo and works at the booth; the exact costs for travel, renting booth space, etc., will be reported to ____.
There’s a major expo event coming up where your competitors will be buying booths to show off their products. Your ____ department proposes that one of their members goes to the expo and works at the booth; the exact costs for travel, renting booth space, etc., will be reported to ____.
marketing; accounting
human resources; finances
management; human resources
finance; accounting
When two or more parties exchange products and services without using cash, this is known as bartering. Thus, the option is false.
What are the features of barter system?A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.
A straightforward idea underlies bartering: Two parties bargain to assess the relative worth of their goods and services, then offer them to one another in an equal trade. It predates the creation of actual hard cash and is the world's oldest form of trade.
Because they lack the funds or credit to purchase those items, businesses may desire to trade their goods for other goods. In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.
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Carter needs a new washer and dryer for her apartment. She finds one for $2112 but realizes she can't pay for it right away. The store enters an agreement with her where she needs to put $500 upfront, and the rest will be loaned to her. A year and a half later she has paid of f the loan amount which totals $1879. What was the interest rate that Carter was charged if the loan was compounded semi-annually?
Carter was charged an interest rate of 8.05% compounded semi-annually on her loan for the washer and dryer.
To find the interest rate charged to Carter, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = Final amount (loan amount after 1.5 years)
P = Principal amount (loan amount minus the upfront payment)
r = Annual interest rate (unknown)
n = Number of times interest is compounded per year (2, since it's compounded semi-annually)
t = Time in years (1.5 years)
We know the loan amount after 1.5 years is $1879, the principal amount is $2112 - $500 = $1612, and n = 2.
Substituting these values into the formula, we have:
$1879 = $1612(1 + r/2)^(2*1.5)
Simplifying the equation and solving for r, we find that r ≈ 0.0805, which is equivalent to 8.05% interest rate. Therefore, Carter was charged an interest rate of 8.05% compounded semi-annually on her loan for the washer and dryer.
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It is important for business owners to weigh the advantages and disadvantages of each ownership structure because a. There is an established procedure for determining the best form of ownership
B. Individual goals in need to differ which makes each business situation unique
C. The nature of the business and financial needs always change over time
D. Most businesses owners already understand how each form of ownership works
Some of the options in the questions are not correct; here is the correct question:
It is important for business owners to weigh the advantages and disadvantages of each ownership structure because
A. There is an established procedure for determining the best form of ownership
B. Individual goals and needs differ, which makes each business situation unique
C. The nature of the business and financial needs always change over time
D. Most businesses owners already understand how each form of ownership works
The correct answer is B. Individual goals and needs differ, which makes each business situation unique.
Explanation:
In businesses, there are different ownership structures; this includes sole ownership, business partnership, franchises, among others. The type of structure determines the internal organization of the business and the responsibilities and roles of those that own the business.
Due to this, selecting the appropriate ownership structure might influence the development of the business and whether this is successful over time. This decision mainly depends on the business situation considering each business is related to different needs, conditions, and goals. For example, a partnership is the best model if you want to share the ownership and responsibilities. This means, despite each ownership structure has advantages and disadvantages the decision should be made based on goals, needs, and situation of the business (Option B).
Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using _____________ language.
Diagnostic
People-first
Inappropriate
Boundary-safe
Answer:
People-first
Explanation:
People-first language is a form of linguistic medication style involving a speaker putting a person before describing the actual diagnosis, that is, what a person "has" rather than asserting what a person "is."
For example, “a man walks with crutches” rather than” he is disabled.” Person-first language tends to be positive and promotes abilities rather than limitations.
Hence, in this case, Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using PEOPLE-FIRST Language.
what is the process by which a retailer attempts to offer the appropriate quantity of the right merchandise, in the right place, and at the right time, while meeting the company's financial goals? question 23 options: 1) category management 2) quick response inventory management 3) merchandise management 4) inventory control 5) materials procurement and handling
The process by which a retailer attempts to offer the appropriate quantity of the right merchandise, in the right place, and at the right time, while meeting the company's financial goals is called merchandise management (option 3).
Merchandise management involves planning, organizing, and controlling the buying and selling of merchandise in a way that maximizes sales and profits. It includes activities such as forecasting customer demand, selecting and sourcing merchandise, pricing and promoting products, and managing inventory levels to ensure that the right products are in the right place at the right time.
Category management (option 1) refers to the process of managing a group of related products as a strategic business unit and involves analyzing consumer behavior, market trends, and supplier performance to optimize the category's performance.
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