TRUE/FALSE. If the perpetual inventory system is used, the merchandise inventory account is debited for purchases of merchandise.
Answers
The given statement is true because If the perpetual inventory system is used, the merchandise inventory account is debited for purchases of merchandise. T
The perpetual inventory system is an accounting method that records the sale and purchase of inventory in real-time. In the perpetual inventory system, purchases of inventory items are recorded in the Merchandise Inventory account. The perpetual inventory system keeps a running balance of the inventory on hand, which indicates the quantity of inventory available and the cost of inventory that has been sold at any point in time.
The inventory account is updated continuously as sales and purchases are made. In the perpetual inventory system, the merchandise inventory account is debited for purchases of merchandise. Purchases of inventory items are recorded in the Merchandise Inventory account. Each item's cost is included in the inventory account, and it is updated for every transaction involving the inventory.
The perpetual inventory system tracks the cost of each item and updates the account balance after each transaction. The perpetual inventory system can also produce real-time reports of inventory balances and sales activity.
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Related Questions
Select a single stock issue, then perform each of the ratio valuations, covered in the lesson. Compare the information and make a recommendation on the value of the stock, and whether it is a good investment. Your submission must list the name of the stock, the data. The information was obtained, the source from which the information was drawn, and a list of each of the ratio models, showing the results. Also, prepare a narrative of at least two paragraphs that analyzes your findings and indicates your recommendations.
Answers
We should note that stock valuation helps to predict the future price or potential market prices for the investors to time their sales or purchase of investments. Its values the intrinsic value of the stock that shows the profitability of the business and its future market value.
What is the stock valuation of Apple Inc?In this context, let's assume we're analyzing Apple Inc. (AAPL), a technology company that designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.
One key ratio valuations that investors might use to assess the value of AAPL is Price-to-earnings ratio (P/E ratio). This ratio compares the current stock price to the company's earnings per share (EPS). A high P/E ratio suggests that investors are willing to pay a premium for the stock based on its earnings potential.
To calculate the P/E ratio for AAPL, we would divide the current stock price by the company's EPS. As of 2022, AAPL had a P/E ratio of around 28, which is slightly higher than the industry average of around 24.
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emissions that result from the production of paper are a good example of a negative externality because:
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Dioxin pollution created by paper manufacturing is an example of a negative externality since self-interested paper manufacturers will not consider the full cost of the dioxin pollution they generate.
What is the source of dioxin pollution?Dioxins are contaminants in the environment. They are among the "dirty dozen," a collection of hazardous substances known as persistent organic pollutants. Dioxins are a source of worry due to their high toxicity.
Dioxins are mostly industrial byproducts. They are created by a number of incineration processes, such as faulty municipal waste incineration and garbage burning, and can be discharged into the atmosphere during natural events such as forest fires and volcanoes.
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In which scenario would a numbered list be more appropriate than a bulleted list?
a. A list of the steps you need to perform to knit a scarf
b. A list of your classmates who are on the tennis team
c. A list of the items you want to donate to charity
d. A list of the items you need to puchase at the grocery store
Answers
A numbered list is generally more appropriate than a bulleted list when the items on the list need to be completed in a specific order.
Therefore, in the scenario where the list includes steps that need to be performed in a particular order, a numbered list would be more appropriate than a bulleted list. For instance, in the scenario where you need to list the steps to perform to knit a scarf, each step must be followed in a specific order, so a numbered list would be more appropriate.
In contrast, bulleted lists are more appropriate when the order of the items on the list is not important or when there is no specific sequence to follow. Therefore, in the scenarios where the items on the list can be listed in any order or sequence, such as a list of your classmates who are on the tennis team, a list of the items you want to donate to charity, or a list of the items you need to purchase at the grocery store, a bulleted list would be more appropriate.
It's important to choose the appropriate list type to effectively communicate the information and make it easier for the reader to understand and follow.
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PLZ HELP
How are budgets different from other financial statements?
1. Budgets must be stored in a safe deposit box.
2. Budgets are available at any financial institution.
3. Budgets focus on future spending.
4. Budgets include details from past accounts.
Answers
Budgets are estimates prepared for a future period of time based on past information. Hence, Option 3 is the correct statement.
What do you mean by Budget?A budget is an estimate of revenue and expenses for a given future period of time that is typically compiled and re-evaluated on a regular basis.
Thus, Budgets are estimates prepared for a future period of time based on past spending activity. Hence, Option 3 is the correct statement.
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which of these occurs when employees are allowed to use only a few of their skills and abilities, even though they are required to make heavy use of them?
Answers
Answer:
Role Underutilization
Explanation:
what is the approximate market value of a bond that pays $60 interest each year if comparable interest rates have dropped to 4 percent?
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The approximate market value of a bond value that pays $60 interest each year if comparable interest rates have dropped to 5 is $1,500.
How is the worth of a bond decided?Supply and demand, credit quality, and length to maturity are the three main factors that affect the price of bonds on the open market. The length of time until a bond matures determines how much interest its owner will get. The face value, or par value, of the bond, is returned to the owner when it matures. If a put or call option is available on the bond, the term to maturity may change.
Given:
Given:
The bond would represent the characteristics of a perpetuity.
PMT/ I = $60/4% = $1,500
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An organization invites a marketing research supplier to submit a proposal for a study .the organization hopes to gain information about how the study would best be performed. since the supplier is huge ,very profitable,and will likely use lower staff to do the proposal,it is not an ethical issue. true or false ?
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It is not accurate to say that the ethical aspect of the situation depends on the size and profitability of the marketing research supplier. Ethical considerations in business extend beyond the size or profitability of an organization is False.
Ethics in business encompasses a set of principles and values that guide the conduct of individuals and organizations. The ethical issue in this scenario relates to the fairness and transparency of the proposal process, rather than the size or profitability of the supplier.
Regardless of the supplier's size or profitability, it is important to ensure a level playing field and provide equal opportunities to all potential suppliers. Organizations should aim to create a fair and competitive environment where suppliers have a fair chance to present their proposals based on their capabilities and expertise.
Using lower staff to prepare a proposal may raise concerns about the quality, accuracy, and comprehensiveness of the study proposal. It is essential to evaluate the supplier based on their qualifications, experience, and ability to meet the organization's research objectives rather than making assumptions solely based on their size or profitability.
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the utility function for money is a curve that depicts the relationship between . a. regret and utility b. decision alternative and utility c. branch probabilities and utility d. monetary value and utility
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The utility function for money is a curve that depicts the relationship between d. monetary value and utility.
In economics, software is a term used to decide the real worth or fee of an amazing service. More specifically, the application is the total pleasure or benefit derived from ingesting a good or provider. Monetary theories primarily based on rational preference generally count on consumers will attempt to maximize their software.
Utility refers to the complete advantages obtained from ingesting an object or carrier. This sums up the utility definition. Purchasers could normally aim to maximize their application primarily based on rational preference based on monetary fashions.
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Kerr Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2,100,000 and $20,000 (Cr.), respectively. An aging of accounts receivable indicated that $170,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is
Answers
Answer:
$150,000
Explanation:
Calculation to determine what The amount of the adjusting entry for bad debts at December 31 is
Using this formula
Bad debts=Accounts receivable-Allowance for Doubtful Accounts
Let plug in the formula
Bad debts=$170,000-$20,000
Bad debts=$150,000
Therefore The amount of the adjusting entry for bad debts at December 31 is $150,000
(fictional): The SMQ company president has received various reports from some directors and other managers and employees that a department manager's leadership style is a transactional one and just is not motivating employees to perform at their best. Using the reading on leadership, the negotiation steps in the reading area, and the conflict resolution reading, negotiate with the department manager to change to a better leadership style.
Instructions:
Your first post will be as the president, and your second post will be as the manager.
As the president (first post), make sure to suggest an alternate leadership style.
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The main issue with the department manager's **transactional leadership** style is that it fails to **motivate employees** to perform at their best. As the president, I would suggest adopting a transformational leadership style.
A **transformational leadership** style focuses on inspiring and engaging employees by setting high expectations, providing support, and fostering a sense of shared vision. This approach promotes teamwork, collaboration, and creativity, resulting in higher performance levels. In order to facilitate this change, it is crucial to engage in effective negotiation and conflict resolution strategies.
Open communication, understanding the department manager's perspective, and working together to create a mutually beneficial solution will aid in the transition to a more effective leadership style. The shift to transformational leadership will ultimately benefit the department manager, employees, and the overall success of the company.
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Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are some common skills needed by Lawyers? Select four options.
installation
active listening
speaking
critical thinking
reading comprehension
equipment maintenance
Answers
The common skills needed by lawyers are active listening, speaking, critical thinking and reading comprehension.
The skills can be noted as -
Active Listening - To completely comprehend their viewpoints and obtain all pertinent facts, attorneys need to listen intently to their clients, witnesses, and other parties involved in a case.Speaking - Lawyers need to be able to communicate clearly both orally and in writing with their clients, juries, judges, and other lawyers.Critical Thinking - Lawyers must be able to evaluate intricate legal issues and create plans for resolving conflicts and attaining their clients' objectives.Reading comprehension - Complex legal papers, court rulings, and other important items must be read and understood by lawyers.Read more about lawyers on:
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What type of competition does a pizza parlor vs. an ice cream shop represent?
Answers
Answer:
Explanation:
Its an indirect competition because we know that a pizza parlor and ice cream shop belong to the same sector i.e. Food but in case of products sold we can observe that pizza is not the same product as an ice cream because one is considered as a fast food while other is mainly eaten as a dessert. If the pizza shop sold ice cream along with pizzas tooo then we might have come across a direct competition to some point.
But in this case the sector is same but the products sold are different therefore this competition can be considered as an indirect competition between the two parties.
Therefore we can conclude from the above statements that we can classify this competition as an indirect competition.
What must societies do to provide goods and services given that resources are scarce?
Answers
Answer:
They have to be allocated properly. A further explanation is given below.
Explanation:
The precious resources of the social system must be an implementation of the overall organization to that same manufacturing of merchandise, throughout trying to maintain with the tastes and preferences of the members of the population. The certain apportionment of collective resources will indeed contribute throughout the concentration of a single combined effect of various merchandise.Which occurrence is an emerging trend in International agricultural marketing? A the percentage of agricultural trade is decreasing В. the percentage of agricultural trade is increasing C.agricultural markets around the world are shrinking D. developing nations have moved from net importers to net exporters E. developed nations have stopped trading in agriculture
Answers
Answer:
answer is b
Explanation:
Answer:
the answer is b
Explanation:
i got it right on edmentum
Broker Ola has twice published advertisements that have gotten her in trouble with protected classes. What should Ola do to prevent future advertising problems
Answers
To prevent future advertising problems and ensure compliance with laws regarding protected classes, Broker Ola should take the following steps :Educate herself, Review advertising guidelines, Use inclusive language, Seek legal advice, Conduct internal reviews, Monitor feedback and complaints and Training and professional development.
Educate herself: Ola should thoroughly understand the laws and regulations related to advertising and protected classes.Review advertising guidelines: Ola should review and adhere to advertising guidelines provided by professional real estate organizations and regulatory bodies.Use inclusive language: Ola should use inclusive language in her advertisements that avoids any direct or implied discrimination against protected classes.Seek legal advice: If Ola is uncertain about whether her advertisements comply with the law or if she has had previous issues.Conduct internal reviews: Ola should periodically review her advertisements before publishing them to ensure they do not contain any discriminatory content or inadvertently exclude protected classes.Monitor feedback and complaints: Ola should pay attention to any feedback or complaints she receives regarding her advertisements. Training and professional development: Ola should consider attending workshops, seminars, or training programs that focus on fair housing laws and inclusive advertising practices.Learn more about advertising from
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how does the level of debt affect the weighted average cost of capital (wacc)?
Answers
The level of debt in a company's capital structure can have a significant impact on the weighted average cost of capital -WACC.
WACC is the weighted average of the costs of all capital components, including debt, equity, and any other forms of financing. As the level of debt in the capital structure increases, the cost of debt also increases due to a higher risk perception by lenders. This, in turn, increases the overall WACC. The reason behind this is that debt is cheaper than equity financing since interest payments on debt are tax-deductible. However, lenders also demand higher interest rates on debt to compensate for the risk they take by lending money. Therefore, a higher level of debt in the capital structure increases the cost of debt and, consequently, the WACC. Moreover, a high level of debt also increases the financial risk of the company. When a company has too much debt, it becomes difficult to meet its debt obligations, leading to bankruptcy. This increases the risk perception of lenders and investors, which can cause them to demand a higher return on their investment, thus increasing the cost of capital and the WACC. In conclusion, the level of debt in a company's capital structure can significantly affect the WACC. As the level of debt increases, the cost of debt also increases, resulting in a higher overall WACC. Therefore, companies must maintain an optimal level of debt to balance the benefits of lower financing costs with the increased financial risk associated with higher debt levels.
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(a) (4) Sean derives utility from watching soccer games s and consuming a composite utility bundle b according to the function U(qs, qb) = 4√qs+qb. The composite bundle costs $1, Sean pays $4per game to stream sporting events, and he spends $50 per week on these goods. True or false: Sean will watch more than 4 games when he consumes the utility-maximizing bundle.
(b) (4) True or false: if two goods, x and y, are perfect substitutes, then a utility-maximizing consumer is always willing to exchange between them in a 1:1 ratio
(c) (4) True or false: The utility functionsU1(a, b) =a2b3,U2(a, b) = 2ln(a) + 3ln(b) andU3(a, b) =ab2all represent the same set of preferences.
(d) (4) The Cookie Monster has marginal rate of substitution for cookies (c) and milk (m) of M RS=MUcMUm=3qm4qc. Cookies currently cost $3 and milk costs $15. True or false: if the Cookie Monster is currently consuming 15 cookies and 5 glasses of milk, he could increase his utility by buying more cookies and less milk.
Answers
(a) False: To determine if Sean will watch more than 4 games when consuming the utility-maximizing bundle,.
We need to compare the marginal utility per dollar spent on games (MUqs/Ps) with the marginal utility per dollar spent on the composite bundle (MUqb/Pb). If MUqs/Ps > MUqb/Pb, Sean would watch more games. However, without knowing the specific values of MUqs and MUqb, we cannot determine the exact quantity of games Sean will watch.
(b) True: If two goods are perfect substitutes, a utility-maximizing consumer is always willing to exchange between them in a 1:1 ratio. This is because the consumer derives equal utility from each unit of the goods, so they would be willing to substitute one unit of good x for one unit of good y to maintain the same level of satisfaction.
(c) False: The utility functions , U2(a, b) = 2ln(a) + 3ln(b), and U3(a, b) = epresent different sets of preferences. The exponents and the logarithmic functions in the utility functions imply different levels of preferences and trade-offs between the quantities of goods a and b.
(d) True: If the Cookie Monster has a marginal rate of substitution (MRS) of 3qm/4qc and currently consumes 15 cookies and 5 glasses of milk, he could increase his utility by buying more cookies and less milk. The MRS represents the willingness of the consumer to trade one good for another while maintaining the same level of satisfaction. Since the MRS is greater than the price ratio (3/15 = 1/5), the Cookie Monster would benefit from consuming more cookies and fewer glasses of milk.
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tariq is a franchisee with a chain of regional hotdog shops. he was doing well until several other franchisees got in trouble over cleanliness issues and were forced to close their shops. soon afterward, tariq's business declined and was also forced to close. this is an example of
Answers
Tariq is a franchisee with a chain of regional hotdog shops. he was doing well until several other franchisees got in trouble over cleanliness issues and were forced to close their shops. soon afterward, tariq's business declined and was also forced to close. this is an example of coattail effect. Correct option is (c).
Management by exception refers to reviewing the results of a company and presenting the issues to the management only if they represent big differences from the expected results. An economic shakeout at work refers to the situation in which an industry consolidates and businesses are eliminated by the competition. The coattail effect refers to the situation in which a franchisee is taken out of business as a consequence of the failure of other franchisees.
The law of diminishing returns refers to a situation in which adding more factors of production generates smaller increases the output. According to this, this is an example of the coattail effect as Tariq's business was forced to close as a consequence of what happened with the other franchisees that had to close their businesses.
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Complete question: Tariq is a franchisee with a chain of regional hotdog shops. He was doing well until several other franchisees got in trouble over cleanliness issues and were forced to close their shops. soon afterward, Tariq's business declined and was also forced to close. This is an example of:
A. management by exception.
B. an economic shakeout at work.
C. the coattail effect.
D. the law of diminishing returns.
e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)
Answers
Answer:
I would use progressive commission sales, for example:
number of units sold sales commission
0 - 200 2%
201 - 400 2.5%
401 - 600 3%
601 - 800 3.5%
801 - 1,000 4%
This way, salespeople will be motivated to sell more units, since they know that their income will increase dramatically as there sales volume increases.
Give (2) examples how we deal with "Scarcity"
Answers
Answer:
Either increasing supply or lowering demand
Explanation:
increasing supply:
e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them
lowering demand:
finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand
- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)
- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)
but these two are pretty much the same so
also please note I don't take any courses on supply and demand other than geography so I might be completely wrong
all of these positions are used to create a zero-cost collar except a) writing a call option on the stock. b) purchasing a put option on the stock. c) purchasing a call option on the stock. d) a long position in the stock.
Answers
Positions are used to create a zero-cost collar except purchasing a put option on the stock.
What Is a Zero-Cost Procedure?
The term zero-cost procedure alludes to an exchanging or business choice that involves no cost to execute. A zero-cost system costs a business or individual nothing while at the same time further developing tasks, making processes more effective, or lessening future costs.
What is a zero-premium collar?
A zero-cost collar is a choices collar methodology that is intended to safeguard a broker's possible disadvantage. It does this by using call and put choices which, basically, counterbalance one another. While it will set a limit for potential misfortunes emerging from the exchange, it will likewise cover possible benefits.
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explain advertisement
Answers
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
Plzzz help me with this one
Answers
Answer:
what the question.....
On 8/1, supplies costing $500 were purchased on credit. Record this transaction in the accounting equation by:
Answers
Based on the information given this transaction in accounting equation is: Increasing supplies, and increasing accounts payable.
Accounting equation:Based on the given transaction the supplies costing of the amount of $500 will increase supplies while account payable will increase by the same amount of $500.
The company account payable increases because the supplies costing were purchased on credit which means that the company is still owing their supplier for the goods worth of $500 that was supplied to them or the goods and services that was provided to them.
Inconclusion in accounting equation is: Increasing supplies, and increasing accounts payable.
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All of the following are examples of publicity-based public relations tools except:
a. Press releases
b. Media interviews
c. Social media campaigns
d. Sponsorships
Answers
All of the following are examples of publicity-based public relations tools except:d. Sponsorships. Option D is correct.
Publicity-based public relations tools refer to those tools that are designed to provide information about a particular product or service to a large number of people through the media. Sponsorships, on the other hand, involve financial support of an event, activity, or organization. It is not a publicity-based public relations tool.The other examples of publicity-based public relations tools are news releases, feature articles, press conferences, and media tours.
All these tools are designed to create awareness about a product or service by getting the media to cover it.The purpose of using publicity-based public relations tools is to create positive media coverage about a particular product or service. This positive media coverage helps to generate a favorable image of the product or service in the minds of the public. By generating this positive image, the product or service becomes more attractive to potential customers.
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How does investment in human capital impact a company's productivity?
The more workers a company has, the more it produces.
The more highly educated the workforce, the greater the production.
The more the workforce requires extensive training, the less production in the
long run.
The larger the workforce, the larger the management structure and the lower the
production.
Answers
Answer: Human capital is perceived to increase productivity and thus profitability. The more investment a company makes in its employees, the chances of its productivity and success become higher.
A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
testamentary
living
irrevocable
revocable
Answers
Answer:
testamentary trust is the answer.
Answer: hello, your answer would be TESTAMENTARY
Explanation:
i just finished the test and got it right
4. In your progress report, you want the Work Completed section to follow your
Summary of Costs. To date, the company has rewritten the home page content,
created a new logo, and updated the overall structure of the site. Currently, an idea
for site navigation has been proposed but not yet confirmed. You want to include a
visual of the navigation option in the progress report.
a. The navigation option includes these links from the Home Page: About, Services,
Customer Reviews, and Contact. The About section would include links to History
and Our Mission; the Services section would also include links to Pricing, Scope, and
Timeline. Show an example of a simple, custom graphic to display the navigation. (3
points)
Answers
Links to About, Services, Customer Reviews, and Contact are included in the suggested navigation option, along with dropdown menus for About (History and Our Purpose) and Services (Pricing, Scope, and Timeline).
What type of bar chart is most popular?When showing a sequence of statistics over time, it is highly helpful. If long labels are needed, vertical bar graphs have the drawback of not leaving much room at the bottom of the chart.
Which bar charts are frequently employed to display time series data?Using a sequence of bars, time series bar charts can display changes in a metric over time. This allows you to plot several series, display the breakdown of a metric across dimensions, and display the evolution of the values over time.
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enables an organization to optimize its product development process, from design to market, while ensuring that it complies with industry, quality, and regulatory standards?
Answers
Lifecycle Data Management enables an organization to optimize its product development process, from design to market, while ensuring that it complies with industry, quality, and regulatory standards .
What is data lifecycle management?
Data entry to data destruction are all managed through the process of data lifecycle management (DLM). Data is divided into phases based on many criteria, and it progresses through these stages when it completes various tasks or adheres to particular conditions.
What is a data life cycle diagram?
In order to manage business data within the parameters of the business process, the data lifecycle diagram is a crucial component. It shows how data is managed from conception through disposal. As a separate entity from business operations and activities, the data is viewed as a self-contained entity.
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Who do you think has the most
influence?
Answers
Answer:
because the influence is an important