If the insurance commissioner learns a person is transacting insurance without a license, what may the commissioner do?
A. issue a cease and desist order
B. fine the person $50,000 per offense
C. impose a jail sentence of up to 1 year
D. suspend the producer's driver's license

Answers

Answer 1

If the insurance commissioner learns that a person is transacting insurance without a license, the commissioner may **issue a cease and desist order**.

The role of an insurance commissioner is to regulate and oversee insurance activities within a jurisdiction to protect consumers and ensure compliance with insurance laws and regulations. If the commissioner discovers that an individual is engaging in insurance transactions without the required license, they have the authority to issue a cease and desist order. This order prohibits the person from continuing the unlicensed insurance activities.

While the commissioner may impose penalties or take legal action against the individual for the violation, such as imposing fines or pursuing legal remedies, the specific penalties may vary depending on the jurisdiction. However, options like imposing a fine of $50,000 per offense (Option B), imposing a jail sentence of up to 1 year (Option C), or suspending the producer's driver's license (Option D) may not be directly associated with unlicensed insurance transactions. Penalties for unlicensed insurance activities are typically focused on enforcement actions and regulatory measures.

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Related Questions

How is a debit card different from a credit card?
A. A debit card is usually issued by a financial institution.
B. A debit card provides a way for people to make large purchases.
C. Spending on a debit card is limited to the funds available in an
account.
D. Spending can occur via a digital payment method.

Answers

Answer:

C

Explanation:

because thats wat ist is.- limited funds

Which of the following factors in productiservice planning affects product protection, product image, and indentification of the product's brand

Answers

Answer:

A: D

Explanation:

the following factors can help decide whether or not to engage in market research activities, except .

Answers

The  factors that can not help decide whether or not to engage in market research activities, is The product's current position in the product life cycle.

What is market research activities?

Market research  can as well be described as the  marketing research which are those actions or activities that is needed to carried out so as to be able to gather information that is needed about the  market needs and preferences.

It should be noted that this  helps companies understand how  their target market works as well as how the audience feels and behaves, however factors that can help decide whether or not to engage in market research activities, are:

The time needed to gather research.The cost versus the benefit of having the findingsThe risk level of the business decision

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CHECK THE COMPLETE QUESTION:

the following factors can help decide whether or not to engage in market research activities, except .

The time needed to gather research

The product’s current position in the product life cycle

The cost versus the benefit of having the findings

The risk level of the business decision

Managerial economist estimates the price-quantity relationship for Textile Company to be p= 40-4q a. At what output rate demand is unitary elastic? b. Over what range of output demand is elastic? c. Over what ranges of the output of demand are inelastic?

Answers

Answer:

So unit elastic at q = 5

inelastic above 5

and elastic below 5

Explanation:

The elasticity is determianted by the marginal revenue.

Our first goal is to find the marginal revenue function

p = 40 - 4q

total revenue(TR)  =  quantity times price

q x (40 - 4q) = -4q^2 +40q

marginal revenue TR(q)/d(q)  = -8q + 40

Now, with this fuction the economic analisys states that a demand is unit elastic when marginal revenue is zero.

It will be inelastic below zero and elastic above zero

MR will be zero when q = 5

-8(5) + 40 = 0

As quantity increases the demand will be inelastic

while

expert communicators are not perceived as trustworthy when . a. their statements are subjective to external causes b. they directly advocate a product c. they use an advanced communication channel d. their attitude toward the product is negative

Answers

Expert communicators are not perceived as trustworthy when "their statements are subjective to external causes".

The Expert communicators are those communicators know their communication is only as good as the impact on intended audience. There are four types of communicators are aggressive, passive-aggresive, passive and the assertive.

The  Expert communicators are ensured empathy, equity, relevance and the impact. The communicators are four common types are analytical communicators, intuitive communicators, functional communicators, and the personal communicators.

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the classical and administrative decision-making models reveal many of the assumptions, complexities, and pitfalls that affect decision making. true false

Answers

It's true that many of the presumptions, complexities, and hazards that influence decision-making are shown by the administrative and classical decision-making models.

What are the administrative and classical models of decision-making, respectively?

The term "classical approach" can also refer to a normative, rational, or prescriptive methodology. The administrative model of decision-making makes the assumption that decision-makers' reasoning is constrained and that they are only prepared to weigh a small set of factors and options before making a choice.

What is a fundamental tenet of the traditional model of decision-making?

Classical decision theory makes the assumption that choices should be fully informed, logical, and optimal. As a result, the theory uses an optimising method to find the best alternative to maximise goal achievement.

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four degrees of competition

Answers

Answer:

There are four types of competition in a free market system:

perfect competitionmonopolistic competitionoligopolymonopoly

Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

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a) A man has $4.55 in change composed entirely of dimes and quarters. What are the maximum and minimum number of coins that he can have? Is it possible for the number of dimes to equal the number of quarters? (b) The neighborhood theater charges $1.80 for adult admissions and $.75 for children. On a particular evening the total receipts were $90. Assuming that more adults than children were present, how many people attended? (c) A certain number of sixes and nines is added to give a sum of 126; if the number of sixes and nines is interchanged, the new sum is 114. How many of each were there originally?

Answers

The man has a minimum of 14 coins and a maximum of 50 coins. It is not possible for the number of dimes to equal the number of quarters.

Let's assume the number of adult admissions is x and children's admissions is y. Therefore, the number of adults was greater than the number of children, and the total receipt was $90. Also, the theater charges $1.80 for adult admissions and $.75 for children.

Now, as per the given data, we can form two equations:

x + y = the total number of people (equation 1)$

1.80x + $0.75y = $90 (equation 2)

To solve these equations, we can multiply equation 1 with 1.80 and subtract it from equation 2.

Let's solve the equation:

(1.80x + 1.80y) - (1.80x + 0.75y) = 90 - (1.80 × total number of people)y = 3.6(total number of people - 50)

As the number of adults is greater than children,

the value of x is greater than y.

Also, the number of attendees cannot be a fraction, so we can try different values of y to find a suitable value that satisfies both the above conditions.

By substituting the value of y in equation 1, we can calculate the value of x.

Let's try different values of y:

y = 1, then x = 89y = 2, then x = 88y = 3, then x = 87y = 4, then x = 86

From the above calculations,

it is evident that y = 4, and x = 86 satisfy both conditions.

Hence, 86 adults and 4 children attended the show.

c)There were 45 sixes and 81 nines originally.

The steps to solve this problem are as follows:

Let the number of sixes is x and the number of nines be y.

Therefore, x + y = 126 (equation 1)6x + 9y = 1260 (equation 2)Dividing equation 2 by 3,

we get,2x + 3y = 420 (equation 3)Multiplying equation 1 by 2 and subtracting it from equation 3, we get:

y = 54Substituting the value of y in equation 1,

we get:

x + 54 = 126

Therefore, x = 72

Hence, there were 72 sixes and 54 nines originally.

If the number of sixes and nines is interchanged, the new sum is 114. Therefore, the number of sixes and nines interchanged were 54 and 72, respectively.

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a company has a pension liability of $380,000,000 that it must pay in 23 years. if it can earn an annual interest rate of 3.4 percent, how much must it deposit today to fund this liability?

Answers

To calculate the amount that a company must deposit today to fund a pension liability of $380,000,000 to be paid in 23 years, at an annual interest rate of 3.4%, use the present value of an annuity formula:

Present Value of an Annuity = Payment × (1 - (1 + i)-n)/i

Where:

Payment = the amount to be paid each periodi = the interest rate per periodn = the number of periods

For this problem, we are given a pension liability of $380,000,000 to be paid in 23 years at an annual interest rate of 3.4%. Therefore, we can calculate the present value of the annuity by plugging in the given values to the formula above:

Present Value of an Annuity = $380,000,000 × (1 - (1 + 0.034)-23) / 0.034 = $158,231,157.84

Therefore, the company must deposit $158,231,157.84 today to fund the pension liability of $380,000,000 that it must pay in 23 years, at an annual interest rate of 3.4%.

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HELP
When a company/economy is making money,
how does the demand curve shift?
B. down
A. up
D. to the left
C. to the right

HELP When a company/economy is making money,how does the demand curve shift?B. downA. upD. to the leftC.

Answers

Answer:

It's A, The demand curve shifts up

Explanation:

It goes up

are good oppurtunities always spotted quickly or they often left unrecognized ?

Answers

Answer:

often left unrecognised

Answer:

Spotted quickly

Explanation:

What type of transactions should be recorded in the Payment, Fee, Withdrawal column
of your check register?

Answers

I don’t know Iam adult but I don’t know

Nearly all entrepreneurs operate home-based businesses.

Answers

Answer:

yes they do

Explanation:

Answer:

yes they do

Explanation:

The economic term used to describe the federal reserve's actions to determine the size of the supply of money in the nation and the level of interest rates is

Answers

Monetary policy generally can be described as the federal reserve's actions to determine the size of the supply of money in the nation. Monetary police activities is taken by central bank, such as the Federal Reserve.

Monetary policy generally can be described as the macroeconomic policy laid down by the central bank. Monetary policy involves interest rate and  management of money supply and also is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like growth, inflation, consumption,  and liquidity.

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Rectify the following errors identified in the books of Shyam. The Trial Balance

showed ₹ 875 as an excess debit.

a. The total of debit side of Expenses account been cast in excess of ₹575.

b. Paid electricity bill of the proprietor’s residence was debited to

Electricity expenses ₹1,050.

c. An amount of ₹ 150 entered in sales return book has been posted to the

debit of Verma, who returned the goods.

Pass journal entries for correcting the above transactions and prepare

Suspense Account.
PLEASE ANSWERRR

Answers

Answer:

Part 1

a

Debit : Suspense Account  ₹575

Credit : Expenses ₹575

Reducing the Debit of the Expenses Account by  ₹575

b

Debit : Drawings  ₹1,050

Credit : Electricity expenses ₹1,050

Drawings treated as Electricity expenses now corrected

c

Debit : Suspense Account  ₹ 300

Credit :  Account Receivable - Verma  ₹  300

Sales returns posted on wrong side of Verna`s Account now corrected

Part 2

Suspense Account

Debit :

Difference on Trial Balance                         ₹ 875

Expenses                                                        ₹575

Account Receivable - Verma                      ₹  300

Totals                                                           ₹ 1,750

Credit :

Profit and Loss                                            ₹ 1,750

Totals                                                           ₹ 1,750

Explanation:

Only errors that  affect trial balance totals to not agree will require correction through suspense account.

That said, the errors that do not affect trial balance totals such as Error of Principle, Error of Original Entry do not require to be corrected through the Suspense Account.

The difference in the Suspense Account usually cost more effort to continue to check the records than it is worth it for the firm, hence it is written off to profit and loss account

what is referred to a process that involves developed action plan that leads to achieving specific goals​

Answers

Answer:

The appropriate approach is "Developing strategic plan ".

Explanation:

Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.

Goal setting is the process which involves developed action plan.

Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.

Setting a deadline for a goal create a schedule to achieve the particular goal.

Some benefit of goal setting in an organisation includes:

Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.

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can someone tell me what car u like bc i need inspo, like a V6 or something​

Answers

Answer:

My personal favs are the Ford GT 2017, the Lamborghini Veneno, the Aston Martin Vulcan, and the Koenigsegg Jesko.

Jordan Company's annual accounting year ends on December 31. It is now December 31, 2018, and all of the 2018 entries have been made except for the following: a. The company owes interest of $700 on a bank loan. The interest will be paid when the loan is repaid on September 30, 2019. No interest has been recorded b. On September 1, 2018, Jordan collected six months' rent of $4,800 on storage space. At that date, Jordan debited Cash and credited Deferred Revenue for $4,800. C. The company earned service revenue of $3,300 on a special job that was completed December 29, 2018. Collection will be made during January 2019. No entry has been recorded. D. On November 1, 2018, Jordan paid a one-year premium for property insurance of $4,200, for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount. E. At December 31, 2018, wages earned by employees but not yet paid totaled $1,100. The employees will be paid on the next payroll date, January 15, 2019. F. Depreciation of $1,000 must be recognized on a service truck purchased this year. G. The income after all adjustments other than income taxes was $30,000. The company's income tax rate is 30%. Compute and record income tax expense. Required: 1. Give the adjusting journal entry required for each transaction at December 31, 2018. 2. If adjustments were not made each period, the financial results could be materially misstated. Determine the amount by which Jordan Company's net income would have been understated, or overstated, had the adjustments in requirement 1 not been made

Answers

The net income of Jordan Corporation would have been inflated by $3,550 (700+2,400+350+1,100) if the modifications in requirement 1 had not been implemented.

Journal Entry Corrections as of December 31, 2018:

a. $700 in interest expenses

Interest Due: $750

Rent Revenue $2,400 (4,800/2) Delayed Revenue $2,400

c. $3,300 in accounts receivable

$3,300 in service revenue

d. $350 in insurance costs (4,200/12*2)

$350 for Prepaid Insurance

e. $1,100 in wages expenses

$1,100 in Payable Wages

f. $1,000 in depreciation costs

Service truck accumulated depreciation of $1,000

The financial results could be materially misstated if adjustments weren't made every period.

The net income of Jordan Corporation would have been inflated by $3,550 (700+2,400+350+1,100) if the modifications in requirement 1 had not been implemented. The understatement of income tax expense by $900 (30% of $3,000) would have resulted in an overstatement of net income after taxes by $2,650.

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in which Step of production process are materials manipulated

Answers

Answer:

tread count

Explanation:

different sizes

.How would you contrast and compare the various approaches to dealing with cyclical unemployment by Keynesian and neoclassical economics?

Group of answer choices

Neoclassicals would suggest tax increases that stimulate productivity growth and labor demand. Keynesians would suggest increasing government spending.

Neoclassicals would suggest doing nothing because the labor market will correct itself.

Keynesians would suggest an increase in government spending. Both would suggest an increase in aggregate supply by increasing government spending.

Answers

Neoclassical economists advocate for market forces to correct cyclical unemployment, while Keynesian economists suggest government intervention through increased spending.

How do neoclassical and Keynesian economics differ in their approaches to cyclical unemployment?

In neoclassical economics, cyclical unemployment is seen as a temporary imbalance that will naturally correct itself over time. Neoclassical economists argue that government intervention, such as tax increases or increased spending, can potentially distort the market and hinder its self-correcting mechanism. They believe that policies aimed at stimulating productivity growth and labor demand, such as reducing regulations and lowering taxes, will lead to long-term job creation.

On the other hand, Keynesian economics emphasizes the role of government intervention in addressing cyclical unemployment. Keynesians argue that during economic downturns, aggregate demand falls, leading to a decrease in production and employment. To counter this, they advocate for increasing government spending to boost aggregate demand, which in turn stimulates economic activity and reduces unemployment. By injecting money into the economy through infrastructure projects, public works, or social programs, Keynesians aim to create jobs and restore economic stability.

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Describe an instance in which you and a coworker (or superior) perceived the needs of a customer very differently. How did your differences in perception influence how each of you wanted to meet your customer’s needs?

Answers

Differences in perception between me and a coworker regarding a customer's needs influenced our approaches to meeting those needs.

In this particular situation, my coworker and I had contrasting views on how to address a customer's requirements. While my coworker believed a specific feature was crucial for customer satisfaction, I perceived it as optional. This divergence shaped our strategies for meeting the customer's needs. My coworker advocated for prioritizing the feature, prioritizing customer delight even if it meant delaying the product. On the other hand, I emphasized practicality, efficiency, and meeting core requirements within the agreed timeline and budget. Our differing perceptions led to discussions and compromises within the team, ultimately resulting in a solution that balanced customer needs with practical constraints.

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Inside Rails' is an organisation with 15,000 employees scattered all over Ghana in their seven branches. To provide for future manpower needs of the enterprise, in terms of sales, number, age, i.e., to provide the right number of employees with the right talents and skills at the right time to perform right activities the set objectives and to fulfil the corporate purpose, manpower needs used to be calculated initially at the corporate office itself.
For the post of Chief Draftsman in the graded pay structure of GHȻ 2000 -3200 plus taking into consideration the needs of the entire organisation with its various branches the manpower needs were to be assessed. While assessing the manpower needs the following information are generally collected:
(1)Details of previous selections
(2) The availability of manpower on hand
(3) Actual sanctions
(4) Present holdings
(5) Vacancies
(6) Anticipated vacancies for the next one year - (a) due to normal wastage, (b) due to diversification, and (c) due to unforeseen circumstances.
(7) Surplus if any anticipated from other divisions of the organisation; and
(8) Any other special consideration. An addition of 20 per cent over the net vacancies arrived at is generally made, to arrive at the total requirements. While working out the requirements for this category which is at the highest supervisory level and is the feeder category for managerial promotions, the anticipated vacancies on account of expected promotions are also taken. 20 per cent of the total vacancies arrived at are filled up by open market recruitment with graduate engineers while 80 per cent is by promotion of diploma holders. Those who are recruited directly from open market are given training for one year and then only posted to the working posts.
Though they are called trainees, they are counted against working posts since their processed requirement profile for the years 2000 and 2001 with the following information collected from various sources. The following particulars were available:
(1) Number available on hand for promotion --- 13
(2) Number of posts on hand --- 22
(3) Number on rolls --- 20
(4) Anticipated requirements to be filled on account of retirement, wastages, etc --- 6
(5) Total requirement --- 7
Action was initiated and the process was carried through, till the time of fixing a date for selection and interviews. It was, however, seen one day prior to the date of interview, by the Chief of Personnel when someone who had come to interview paid a courtesy call on the Chief and when he called for the papers since he did not know about the selection, that the actual requirements would get considerable reduced. It was also seen that if the process was carried through and if seven persons were selected this would create problems and discontentment amongst the staff since atleast the last few out of the seven would not fit in. The Chief of Personnel was perplexed.
Questions
1. How and why has this situation arisen?
2. Was there anything wrong in the system?
3. Suggest an improvement
4. How would you solve the situation? By canceling the entire procedure so far completed and start afresh the manpower planning to see the needs or make adjustment now, or by going through the process and face the situation of excess when it arises? Elaborate on your suggested answer.

Answers

1. The situation has arisen due to a lack of proper communication and coordination within the organization. The manpower needs were assessed initially at the corporate office, but the actual requirements were not updated before the selection process began. This led to an overestimation of the manpower needs, causing problems and discontentment amongst the staff.
2. Yes, there was something wrong in the system. The organization did not have an updated and accurate assessment of their manpower needs. There was also a lack of communication and coordination between different departments, leading to an inefficient selection process.
3. An improvement would be to establish a system for regular and updated assessments of manpower needs. This system should involve all departments and branches of the organization to ensure accuracy and consistency. There should also be better communication and coordination between departments to avoid inefficiencies and errors in the selection process.
4. The best solution would be to cancel the entire procedure so far completed and start afresh with an updated and accurate assessment of manpower needs. It is important to have the right number of employees with the right talents and skills at the right time to fulfill the corporate purpose and achieve the set objectives. Going through the process and facing the situation of excess when it arises could lead to further problems and discontentment amongst the staff. Starting afresh with an updated assessment would ensure that the organization has the right number of employees with the right talents and skills to achieve their goals efficiently and effectively.

When a country that imports a particular good imposes an import quota on that good,
A. consumer surplus increases and total surplus increases in the market for that good.
B. consumer surplus increases and total surplus decreases in the market for that good.
C. consumer surplus decreases and total surplus decreases in the market for that good.
D. consumer surplus decreases and total surplus increases in the market for that good.

Answers

When a country that imports a particular good imposes an import quota on that good, then, the consumer surplus decreases and total surplus decreases in the market for that good. The Option D is correct.

What is an import quota?

In economics, an import quota means a kind of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. Quotas, jut like other trade restrictions are typically used to benefit the producers of a good in that economy (protectionism).

In most economies, the main objective of an import quota to protect the domestic market from foreign goods by limiting importing goods from the overseas market.

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Critical Thinking:
8. Seventeen year old Kara, who is also black, wants a laptop computer of her own. She goes to Best Buy to purchase a new laptop with part of the money she saved from her part-time job. The laptop cost $1,100. Kara offers to put down $400 and make monthly payments through the store’s credit plan. Because Kara is only 17, the manager of the store refuses to sell her the laptop and asks her to return with her parents to possibly work out a deal.
1) Is this fair to Kara? Explain.


2) Is this discriminatory or illegal? Explain.
a.
3) What concerns might the manager have about selling a computer to Kara? (2)
a.
b.


Answers

Answer:

1) It may not be fair to Kara,but since many teenagers are ill-responsible, it may be best to work out deals with their parents, rather than a child. Since she is supposed to be making monthly payments, that may mean that she forgets, or doesn't do so. By having a parent there, Kara and the manager can ensure that there is understandment about the product that is being sold.

2) Kara is under 18, which means that a salesperson does not have to sell her a product if they feel it is not fit for them. So no, it is not illegal or discriminatory to her race, but perhaps to her age group..

3) a. The manager may be worried that Kara is not mature or old enough to have the responsibilities that come with paying a month-to-month rate.

b.The manager also may be worried that Kara took the money from her parents to secretly buy the computer, rather than buying the computer with her own money.

I hope this helps & Good Luck!

You deposit $1,500 in a bank where you have a savings account. The bank
pays you an interest of 5% per month. But later, the bank reduces the
interest rate from 5% to 3%, and that reduces your interest earnings from
$75 to $45.
What kind of risk explains the given situation?

Answers

Interest rate risk

Interest rate risk is the risk that arises for fixed-rate investments from fluctuating interest rates. How much interest rate risk a fixed-rate investment has depends on how sensitive its price is to interest rate changes in the market.

when a company changes from straight-line depreciation to double-declining-balance depreciation, the change is reported

Answers

When a company changes from straight-line depreciation to double-declining-balance depreciation, the change is reported in the company’s financial statements. The change is considered a change in accounting principle and must be disclosed in the financial statements.

The disclosure must include the justification for the change, the method of the change, and the impact of the change on the company’s financial statements.The justification for the change could be a change in the company’s accounting policy, the change in ownership, change in business model, or changes in technology. The method of change could include the number of years used in calculating the asset's life or a change in the depreciation method. The impact of the change on the company's financial statements will also be disclosed and will be reflected in the income statement and balance sheet.In conclusion, when a company changes from straight-line depreciation to double-declining-balance depreciation, the change is reported in the company’s financial statements.

The disclosure must include the justification for the change, the method of the change, and the impact of the change on the company’s financial statements.

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Which of the following is a section found in most business plans?

A. Crowdfunding
B. Bank account information
C. Legal requirements
D. Target market

Answers

Answer:

D. Target market

Explanation:

Enjoy the response

Out of the choices provided above, the legal requirements and target market are the sections generally found in most of the business plans. Therefore, the options C and D hold true.

What is the significance of a business plan?

A business plan can be referred to or considered as a plan that is a part of the functions of management of the business process throughout their entirety of operations. Planning is the first and foremost step in business operation.

A business plan includes the key elements that revolve around the operations to be carried out by a business organization. The legal requirements and target market are taken into consideration while making a business plan.

Therefore, the options C and D hold true and state regarding the significance of business plan.

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Why is it important to create a class such as Admin or Overhead when you set up class tracking?

A. So you know how much you spend on administrative support

B. So you can consistently apply classes to all transactions

C. So you can track the supplies you purchase for your company

D. So your balance sheet by class report will be accurate

Answers

The correct option is (B). It is important to create a class such as Admin or Overhead when setting up class tracking to consistently apply classes to all transactions and ensure an accurate balance sheet by the class report.

When setting up class tracking, it is important to create a class such as Admin or Overhead to consistently apply classes to all transactions. This ensures that all expenses related to administrative support are accurately tracked and helps you know how much you spend on such support.

Additionally, tracking the supplies you purchase for your company helps with budgeting and identifying any areas where costs can be reduced. Finally, creating classes ensures that your balance sheet by class report will be accurate, which is important for financial analysis and decision-making. By tracking expenses by class, you can better understand the financial health of your business and make informed decisions about future investments or cost-cutting measures.

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your friends, jim and joey (16) are twin brothers and just received a $1000 inheritance from a wealthy aunt. jim wants the two of them to put their money together and buy a 4-wheeler. joey says he wants to put his money in a savings account. jim comes to you to ask you to help persuade joey to buy the 4-wheeler. what is your best financial advice?

Answers

The best argument to persuade Joey to buy the 4-wheeler is to inform him that keeping the money in a savings account would cause that money to loose value overtime (due to interest rates). Therefore, to ensure the best use of the $1000, it is ideal to use that money rather than save it.

how can a reduction in taxation be used to influence aggregate demand​

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Answer:

shifting the aggregate demand curve to the right.

Explanation:

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