making the audit as efficient as possible generally improves the effectiveness of the audit. True or False

Answer:

Firms need finance to:

start up a business, eg pay for premises, new equipment and advertising.

run the business, eg having enough cash to pay staff wages and suppliers on time.

expand the business, eg having funds to pay for a new branch in a different city or country.

Answer:

you can advertise it through social media jazz your creativity too it will attract more attention if it is unique

Answer:

C. How much one unit of currency is worth when converted to another currency

It tells you: C. How much one unit of currency is worth when converted to another currency.

Answer:

O True

Explanation:

A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.

Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.

c is my guess

Explanation:

Answer:

El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios

Explanation:

Answer:

Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.

Explanation:

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It is true that the trade-off theory optimal capital structure is achieved when marginal tax savings equals the marginally increased bankruptcy costs from the additional unit of debt.

What is trade-off theory?

The trade-off theory of optimal capital structure suggests that there is an optimal level of debt for a company, where the marginal tax savings from the additional debt equals the marginally increased bankruptcy costs. This means that companies must balance the benefits of using debt, such as tax deductions, with the costs, such as the risk of bankruptcy. Ultimately, the optimal capital structure is the one that maximizes the company's value.

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Possible ways to track down your energy usage are: Some possible ways to track down your energy usage are through the use of power strips, smart plugs, energy monitoring devices, and utility bills. These methods enable you to measure your electricity consumption so you can reduce it effectively.

In my opinion, it is more appropriate to investigate energy usage per month because it can give you a better perspective on how much energy you consume. You'll have a more detailed overview of your energy usage if you track it over a longer period.

Estimate energy usage for devices that you are not the sole user of by averaging the time that different people use them and multiplying that by the energy consumption of the device. If the device is on all the time, you may need to estimate based on the average number of hours per day that the device is turned on.

Appropriate ways to organize your data include sorting your data by device, usage frequency, energy usage, and time spent using each device. You may want to create a spreadsheet to keep track of your energy usage data for each device, so you can quickly and easily compare the energy usage of different devices.

If you prefer, you can also use an energy monitoring app or device to track your energy usage for each device.

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By facilitating the movement of goods and services and establishing connections between producers and customers, retailers play a crucial role in the distribution chain.

Due to their pivotal location in the chain of distribution between the makers or producers of goods and the final consumers, retailers are frequently referred to as middlemen. They are essential in bridging the divide and facilitating the trade of goods and services between the two sides. The following justifies the retailer's status as a middleman:

1. Intermediary Role: By buying products in bulk from producers or wholesalers and selling them to final customers in smaller amounts, the retailer serves as an intermediary. They act as a connecting point in the supply chain, ensuring that goods are efficiently delivered to their intended clients.

2. Physical Distribution: Retailers are in charge of the actual product distribution. To guarantee prompt delivery to customers, they oversee logistics, inventory, and storage of the goods. This calls for activities like shipping, warehousing, and order fulfilment.

3. Market Access: Retailers give producers a platform to connect with a larger consumer base. They are able to connect products with the appropriate target market thanks to their extensive networks, market expertise, and customer relationships. Retailers frequently have a number of stores and/or an online presence, extending the geographic reach of their items.

Retailers interact directly with customers, which is important for understanding their requirements, preferences, and purchase patterns. They enhance the overall client experience by providing individualised help, product demos, and after-sales support.

5. worth Addition: Retailers increase the worth of their items through branding, packaging, price, and marketing initiatives. They distinguish items, provide a unique selling proposition, and raise consumer awareness. Retailers may also combine products, give discounts, or offer other services to draw customers.

Retailers play a crucial role in the distribution chain by easing the flow of goods and services, linking producers with consumers, and enhancing the overall customer experience, despite the fact that the term "middleman" occasionally has the connotation of being unneeded or redundant.

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Public goods are goods and services that are non-excludable and non-rivalrous, meaning that their consumption by one individual does not reduce their availability to others.

Due to their nature, public goods cannot be efficiently provided by the market system. This is because private firms will not produce public goods as they cannot charge consumers for their use. As a result, public goods tend to be under-produced or not produced at all in the absence of government intervention.

Furthermore, the provision of public goods is subject to the free rider problem. Free riders are individuals who benefit from the provision of a public good without contributing to its cost. Since public goods cannot be excluded, individuals have no incentive to pay for them voluntarily.

This leads to a situation where the optimal level of public goods is not produced because the cost of providing them is not shared fairly among all those who benefit from their consumption. As a result, governments often have to intervene and provide public goods to ensure that the economy is efficient and all members of society benefit.

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A market results from the interaction of a marketer’s efforts, economic conditions, and the elements of culture.

Market circumstances are the variables that affect the housing market in a specific location, including cost of living, demography, supply and demand, interest rates on mortgages, and others.

What are market conditions?

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Answer:

Explanation:

In a common - size income statement , the percentages are calculated using the sales value as the base figure

                          This Year                            Last year    

Sales                 7,400,000            100        5,624,000     100

Cost of Goods  4,750,000            64.2        3,513,500     62.5

Gross Margin    2,650,000           35.8         2,110,500     37.5

Selling Exp.       1,392,000            18.8          1,079,000     19.2

Admin. Exp.         704,500             9,5           608,500       10.8

Total Exp.           2,096,500          28.3          1,687,500     30.0

Net Op. Inc.          553,500            7.5              423,000     7.5

Interest Exp.          101,000             1.4                87,000      1.6

NIBT                       452,500           6.1                336,000    6.0

Answer:

Developing nations often lack efficient and effective law enforcement.

Lending institutions do not exist or only serve wealthy members of society.

Explanation:

Answer:

FALSE.

Explanation:

Not ALL small industries are highly labor-intensive. If you start a small industry, it could become highly labor-intensive as a result of insufficient staffing, inventory, and other factors.

TIP: Never use "ALL", "ALWAYS", "NEVER", etc...words like this turn arguments false.

Ways in which change unions should assist workers in addressing noncompliance with operating conditions are the standard sports of alternate unions consist of supplying assistance and services to their contributors, collectively bargaining for better pay and conditions for all people, and running to enhance the excellent of public offerings, political campaigning, and commercial movement.

The definition of a worker is someone or animal that performs a particular or essential project or who completes duties in a certain way. someone who works in a store is an instance a retail employee. someone who works diligently on his homework for hours a day is an instance of a tough employee.

A person is normally classed as a 'worker' if: they have a contract or other association to do work or offerings personally for praise (a contract may be written or unwritten) their reward is for money or an advantage in type, for example the promise of a settlement or future paintings.

Workers are the people employed by using a selected organization or company. Manpower is all the employees available to paint for a business enterprise or USA. A colleague or co-employee is a person you figure with, mainly in the workplace.

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For something to be considered as money, it has to fulfill at least the medium of exchange function, but it can also fulfill additional functions.

Money serves several functions in an economy, including serving as a medium of exchange, a unit of account, a store of value, and a standard of deferred payment. The medium of exchange function is the most essential one, as it refers to the ability of money to be widely accepted in transactions for goods and services.

While fulfilling the medium of exchange function is necessary for something to be considered as money, it is not the only requirement. Money can also fulfill the other functions mentioned. These functions complement each other and contribute to the overall usefulness and stability of money within an economy.

The unit of account function refers to money being a standard measure of value for goods and services. The store of value function means that money can be saved and used for future purchases without significant loss of its purchasing power. The standard of deferred payment function allows money to be used for settling debts and making future payments.

In summary, for something to be considered as money, it needs to fulfill at least the medium of exchange function. However, money can also fulfill the other functions of being a unit of account, a store of value, and a standard of deferred payment, which enhance its effectiveness and usefulness within an economy.

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Answer:

I have no idea tbh......

-$122,119.05 is the npv of the project if there is an option to abandon the project after 1 year! so the project costs $137,000 to begin today.

Present Value of infinite Cash Flows = Cash Flow per year / WACC

NPV of Project = (Probability of Phase 2 * NPV of Phase 2) + (Probability of no Phase 2 * NPV of no Phase 2) - Cash Outflow for Phase 1

NPV of Project = -$122,119.05

Cash flow is the net amount of cash and cash equivalents coming into and going out of a business. Inflows are represented by money received, and outflows are represented by money spent.

Ability to generate positive cash flows, or more specifically, potential to maximize long-term free cash flow, is ultimately what determines a company's ability to create value for shareholders (FCF). After deducting any funds used for capital expenditures, a company's free cash flow (FCF) is the cash it generates from its regular business activities.

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If Evan corporation provided consulting services for kensington company in year.  Evan Corporation's Year 1 profit related to the Kensington consulting is $5,000 and Year 2 profit is $25,000.

In year 1, Evan's revenue from the Kensington consulting is $45,000.

Evan's expenses in year 1 related to the consulting are $40,000, leaving a profit of :
Profit =$45,000 - $40,000

Profit = $5,000

In year 2, Evan received the remaining $45,000 from Kensington and incurred $20,000 in remaining costs, resulting in a profit of:

Profit = $45,000 - $20,000

Profit = $25,000

Therefore Evan Corporation's Year 1 profit related to the Kensington consulting is $5,000 and Year 2 profit is $25,000.

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In today's rapidly changing world, the concept of sustainability has gained significant importance in the realm of business.

Title: Sustainability and Business: A Global Perspective

Introduction:

In today's rapidly changing world, the concept of sustainability has gained significant importance in the realm of business. It refers to the ability of businesses to meet present needs without compromising the ability of future generations to meet their own needs. This essay explores key points regarding sustainability in the context of global business and provides real-world examples of its application.

Key Points:

Environmental Responsibility:

Sustainability requires businesses to adopt environmentally responsible practices. This includes minimizing carbon emissions, reducing waste generation, conserving natural resources, and promoting renewable energy sources. For instance, multinational companies like Apple have made significant strides in reducing their carbon footprint by transitioning to renewable energy sources and implementing energy-efficient measures in their manufacturing processes.

Social Impact:

Business sustainability goes beyond environmental concerns and encompasses social impact as well. It involves promoting fair labor practices, ensuring safe working conditions, fostering diversity and inclusion, and supporting local communities. One example is Patagonia, an outdoor clothing company that actively supports environmental causes and donates a portion of its profits to grassroots organizations.

Economic Viability:

Sustainable business practices are not only environmentally and socially responsible but also economically viable. By embracing sustainability, businesses can enhance operational efficiency, reduce costs, and gain a competitive advantage. IKEA, the Swedish furniture retailer, has successfully implemented sustainable practices such as using renewable materials, optimizing logistics to reduce transportation emissions, and offering energy-efficient products, thereby driving both sustainability and profitability.

Application in Global Business:

To illustrate the application of sustainability in global business, let's consider the case of Unilever. Unilever, a multinational consumer goods company, has integrated sustainability into its core business strategy. They have set ambitious goals, such as sourcing 100% of their agricultural raw materials sustainably and reducing the environmental impact of their products. Through initiatives like the Sustainable Living Plan, Unilever has demonstrated that sustainability can be a driving force behind innovation, growth, and customer loyalty.

Conclusion:

Sustainability has become a critical factor in the success and longevity of global businesses. By embracing environmental responsibility, promoting social impact, and ensuring economic viability, companies can contribute to a more sustainable future while reaping numerous benefits. The examples of Apple, Patagonia, IKEA, and Unilever highlight how businesses can integrate sustainability into their operations and make a positive impact on the world.

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The industry's growth potential, the anticipated strength of competitive forces, and whether the industry and the company are being favorably or unfavorably impacted by macro-environmental factors.

A set of businesses that are connected by their main lines of business are referred to as an industry. Numerous industrial classifications exist in contemporary economies. Sectors are generally used to combine together industry classifications into bigger groups.

Generally speaking, an industry describes the kind of business that a person works for. The North American Industry Classification System divides businesses into groups based on the production process rather than final goods or services.

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Answer:

Bartering and the use of natural resources

Explanation:

It is correct

The salon's average product of labor will decrease when Francesca leaves the salon in the given circumstances.

The average product of labor (APL) gauges the typical output of each employee. The total product is simply divided by the workforce. The total output of labor divided by the quantity of workers employed, or Q/L, yields the average product of labor (APL). A popular metric for assessing labor productivity is the average product of labor.

The form of the AP curve on the left suggests that as more workers are hired, AP initially increases to a maximum before decreasing. The average output (or products) that each input produces is referred to as an "average product", factors of production like labor and land.

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Answer:

B

Explanation:

Jacob was recently trying to figure out who reports to whom in his firm by looking at the organisational structure. Jacob is researching the line of command inside his company.

The chain of command in a company determines who and when personnel should report to whom from the bottom to the top. Decision-making authority, accountability, and lines of authority are all made possible.

According to the chain of command, a person has more power, authority, and influence the higher up in the organisation they are. The chain of command is divided into four levels: the top management, the middle managers, the lower managers, and the rank and file.

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The procurement tool used by managers to formally request products from vendors is a purchase order.

A purchase order is a legal document that outlines the specific products or services being requested from a vendor, as well as the agreed-upon price and delivery date. It serves as a formal request from the purchasing organization to the vendor to provide the specified products or services. Purchase orders are typically generated by managers or procurement professionals and are used to ensure that the purchasing process is formalized, transparent, and efficient. By using purchase orders, managers can track orders and inventory, manage budgets, and maintain accurate records of their procurement activities.

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Information on completion criteria and reversal criteria may be included in a skill acquisition plan that outlines goals, objectives, materials, and data gathering techniques. Evidences and data collection.

What is data collection?

Data collection is the process of obtaining, observing, measuring, and evaluating data from various sources as part of a research project.

Develop skills through a skill acquisition strategy. It is a written plan that outlines the objectives, aims, and resources required for instruction. Procedures for collecting data may also be evidences that they are needed for data collection.

As a result, materials and evidence options in the blank.

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According to the FDIC, community banks have less than $ 10 million in assets in most cases.

       An asset refers to economic or financial bonds that can act as benefits and rewards in the future. A community bank refers to a banking institution that is locally owned and looked over. It is not an official banking system. The local community looks after the finance, transactions, and loans.

       FDIC stands for Federal Deposit Insurance Corporation. It looks after the supply of insurance deposits and looks after the safety and security of the deposits. This institution works with two agencies- American depository institutions and the National Credit Union Administration.

       According to the definitions created by FDIC, any bank containing less than $ 10 million in assets is known as a community bank.

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Answer:

The correct response is "for the carryover or carryforward year".

Explanation: