when an auditor reviews additions to the equipment (fixed asset) account to make sure that fixed assets are not overstated, she wants to obtain evidence as to management’s assertion regarding existence.
The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles.
The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles. The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles. The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles.
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Name the social issues that you have chosen and motivate why you have chosen it
Answer:
I would choose violent crime.
Explanation:
It motivates me to choose it since it can help to make most of the other issues easier to tackle since where there is violent crime, there is usually the other issues stated in the list.
I hope this helps :)
1. Two of the goals for this course are to help students (1) form coherent moral evaluations about business situations and (2) act with integrity in business situations. Consider one of these goals - formation or integrity - and explain what it is and how it has been addressed by the course content so far. What else do you think the course needs to address in order to advance the goal you are considering
The two objectives of the course are related, as an individual encouraged to form coherent moral assessments of business situations is more likely to act with integrity in business.
How important is business ethics?It is essential that each professional maintain an ethical posture in all spheres of their life, especially in the workplace, as ethics contributes to the improvement of the micro and macro environment such as:
Strengthening organizational cultureProductivityDevelopmentMotivationStakeholder perceptionTherefore, business-related integrity is essential for every employee and leader as it will increase reliability and generate greater added value over an organization's processes, products and services.
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How could virustotal be useful to users? how could it be useful to security researchers? however, could it also be used by attackers to test their own malware before distributing it to ensure that it does not trigger an av alert? what should be the protections against this?
Answer:
The answer to this question can be defined as follows:
Explanation:
VirusTotal was its online tool that scans its file for identification for virus and ransomware up to 256 Mb in the file name. You can also scan that virus scan URL/domain. Its content is examined by 70 virus protection scanners. However, it is convenient for customers who would search their files and connections to detect any file or link malicious type of virus protection.
Yeah, security experts should, of course, just use the service because it retrieves the security aspect for files and VirusTotal can scan the data.
Yeah, throughout the case of abuse of a software package, hackers can test their specific malware to insure how an AV alert is not activated, until releasing it. It will ensure that neither warning is triggered mostly by file, malicious document, or link, and thus check its material with VirusTotal.
Security must be taken from of the abuse by the perpetrators of the VirusTotal tool. Security must be in the form of even an assault that perhaps the virus model or malware ties could be uploaded or regulated throughout the VirusTotal Tool resources. So, it isn't essential to be using the VirusTotal tool.
what is net income and how do you calculate it?
Answer:
net income is the amount an individual earns after subtracting taxes and other deductions from gross income.
CALCULATION
-----------------------------------------++---------------------
the amount of revenue left after subtracting all expenses, taxes and costs.
What is an economy?
Answer: LOOK
Explanation:LOOK
Arie Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while fixed costs are $90,000.
Required:
a. Calculate the contribution margin per unit.
b. Calculate the break-even point in sales units.
c. Calculate the break-even point in sales dollars or revenues.
d. How many units need to be sold to generate a pretax income of $30,000?
e. Recalculate the break-even point in sales units if the selling price increased to $80 per unit. Round your answer to the nearest whole number.
a. The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price per unit. In this case, the selling price per unit is $60 and the variable cost per unit is $20. Therefore, the contribution margin per unit is $60 - $20 = $40.
b. The break-even point in sales units is the number of units that need to be sold in order to cover the fixed costs. The break-even point in units can be calculated by dividing the fixed costs by the contribution margin per unit. In this case, the fixed costs are $90,000 and the contribution margin per unit is $40. Therefore, the break-even point in sales units is $90,000 / $40 = 2,250 units.
c. The break-even point in sales dollars or revenues can be calculated by multiplying the break-even point in sales units by the selling price per unit. In this case, the break-even point in sales units is 2,250 units and the selling price per unit is $60. Therefore, the break-even point in sales dollars is 2,250 units * $60 = $135,000.
d. To calculate the number of units that need to be sold to generate a pretax income of $30,000, we need to add the desired pretax income to the fixed costs and then divide the result by the contribution margin per unit. In this case, the fixed costs are $90,000 and the desired pretax income is $30,000. The contribution margin per unit is $40. Therefore, the number of units that need to be sold is ($90,000 + $30,000) / $40 = 3,000 units.
e. If the selling price per unit increased to $80, we can recalculate the break-even point in sales units using the same formula as in part b. However, this time we need to use the new contribution margin per unit.
With a selling price per unit of $80 and a variable cost per unit of $20, the new contribution margin per unit would be $80 - $20 = $60. Using the formula, the new break-even point in sales units would be $90,000 / $60 = 1,500 units (rounded to the nearest whole number).
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Use this with "kind."
True
False
Answer:
??? what do you mean? please be more elaborate
Sophia used the Consumer Reports website to research an economical choice for a new washer and dryer for her apartment, and she trusted the information because the website was not affiliated with the sellers of these products. This is an example of which type of information source in the purchase decision process
The public source of information is used in the purchase decision process by Sophia.
What is a public source of information?A public source of information refers to a source of information of a non-confidential nature that are publicly available for all.
The public source of information are access through:
internet search means.information service subscription.materials created and sent to members of the public.In conclusion, the public source of information is used in the purchase decision process by Sophia.
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Jannah is reviewing a report that a new marketing manager put together after assessing her small business. If Jannah wants to learn how familiar a customer market is with her company’s products or services, what section of the marketing report should she review?
A.
Financial
B.
Quality control
C.
Brand recognition
D.
Profit margins
Leah trades some of her homegrown peppers to her neighbor, Charlie, for some tomatoes fresh from his garden. This type of trade represents an example of Multiple Choice direct exchange. tax avoidance. e-commerce. barter.
Barter is the type shown in the statement as Charlie, Leah's neighbor, trades some of her homemade peppers for tomatoes from his garden. They are just exchanging goods in return of goods.
What is Barter system?Bartering is the exchange of products or services between two or more individuals without the use of money or a monetary mechanism like a credit card.
Trading is defined as a transaction in which one party provides one good or service in exchange for another party's provision of a different good or service.
Thus, option D, Barter is correct.
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explain in details;
b. what are consolidated financial statements? How to prepare consolidated financial statements?
c. why is it necessary to make consolidated worksheet adjustments?
d. How often is it necessary to make consolidate worksheet adjustments?
b. Consolidated financial statements combine parent and subsidiary financial information to create a single set.
c. Consolidated worksheet adjustments eliminate intercompany transactions, balances, and unrealized gains/losses.
d. Consolidated worksheet adjustments are made during financial statement preparation depending on reporting requirements.
b. Consolidated financial statements are prepared when a company controls one or more subsidiary entities. They provide a comprehensive view of the financial performance and position of the entire consolidated group. To prepare consolidated financial statements, the financial statements of the parent company and its subsidiaries are adjusted to eliminate intercompany transactions, balances, and unrealized gains or losses. The adjusted financial information is then combined using the principles of consolidation, such as the acquisition method or equity method, to present a unified set of financial statements.
c. Consolidated worksheet adjustments are necessary to eliminate transactions and balances that occur between the parent company and its subsidiaries. Intercompany transactions, such as sales or loans between entities, need to be eliminated to avoid double counting and to accurately reflect external transactions. Balances, such as intercompany accounts receivable or payable, must be eliminated to avoid overstating assets or liabilities. Additionally, unrealized gains or losses on intercompany transactions or investments need to be eliminated to present a consolidated financial statement that reflects the economic reality of the entire consolidated entity.
d. Consolidated worksheet adjustments are typically made during the preparation of annual financial statements. However, in certain cases, interim or quarterly financial statements may also require consolidated worksheet adjustments. The frequency of these adjustments depends on the reporting requirements and the needs of the users of the financial statements. Generally, annual adjustments are made to ensure that the consolidated financial statements accurately reflect the financial position, performance, and cash flows of the consolidated group. Interim adjustments may be necessary when interim financial statements are prepared to provide timely and relevant information to stakeholders.
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why are medical related profession and human resources important
Assume that you are recently appointed as HR manager at one of
the leading Supermarket in
Muscat. Your immediately duty is to design an appropriate training
program for the newly
recruited marketing s
As the newly appointed HR manager at one of the leading supermarkets in Muscat, it is my duty to design an appropriate training program for the newly recruited marketing staff. The evaluation would help to determine the effectiveness of the training program and identify areas that need improvement.
The following are the steps I would take in designing the training program:
Step 1: Needs Assessment The first step would be to conduct a needs assessment to determine the knowledge, skills, and abilities required of the marketing staff to perform their job effectively.
Step 2: Develop Training Objectives Based on the results of the needs assessment, the next step would be to develop training objectives that are specific, measurable, achievable, relevant, and time-bound.
Step 3: Design the Training Program The third step would be to design the training program based on the training objectives.
Step 4: . The implementation would involve delivering the training to the marketing staff using the selected training methods, providing feedback to the participants, and assessing the effectiveness of the training program.
Step 5:The evaluation would involve assessing the learning outcomes, the impact of the training program on job performance, and the return on investment.
In conclusion, designing an appropriate training program for the newly recruited marketing staff would involve a needs assessment, development of training objectives, design of the training program, implementation of the training program, and evaluation of the training program.
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The procedure that best reveals the existence of contingent debts is
a.
Review the invoices paid during the year to creditors of our client.
b.
Confirm with the client's attorneys.
c.
Confirm a sample of customer accounts payable.
The procedure that best reveals the existence of contingent debts is:
b. Confirm with the client's attorneys.
Confirming with the client's attorneys allows the auditors to obtain information regarding any potential contingent liabilities or debts that the client may have. Attorneys are knowledgeable about legal matters and can provide insights into any pending lawsuits, claims, or other contingencies that may result in potential debts for the client. This procedure helps the auditors assess the likelihood and potential impact of contingent debts on the client's financial statements.
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Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
Big Oil, Inc. has a preferred stock outstanding that pays a $8 annual dividend. If investors required rate of return is 10 percent, what is the market value of the shares?
The market value of the shares of Big Oil, Inc.'s preferred stock outstanding is $80 if investors require a rate of return of 10 percent.
The market value of the shares of the preferred stock issued by Big Oil, Inc. can be calculated using the dividend discount model, which is used to value the stocks of companies that pay dividends. The formula for the dividend discount model is:PV = D / RWhere:PV = Present Value of the stockD = Dividend per share
R = Required rate of returnIn this case, the dividend per share is $8 and the required rate of return is 10 percent or 0.10.
Therefore, the market value of the preferred stock can be calculated as:PV = $8 / 0.10 = $80
Therefore, the market value of the shares of Big Oil, Inc.'s preferred stock outstanding is $80 if investors require a rate of return of 10 percent.
The company can issue new shares of preferred stock in the market to raise capital at this price.
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David makes 7.5% commission on total sales. How much will he make if he sells $892 worth of merchandise?
Multiplying the sales income by the sales commission rate will get the payable commission. A $10,000 product deal with a 10% commission would provide a $1,000 commission.
How do you add commission into the total sales calculation?This percentage-based calculation is quite simple. Simply multiply the sale price by the commission rate, then divide the result by 100.
What are commission and how does it work?According to the commission rate, a commission is a proportion of all sales. Total sales x commission rate equals commission. To calculate the commission on a sale, multiply the commission rate by the total number of sales.
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Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?
The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.
Answer:
The chart is placed in a database with five groups.
Hope this helped.
What do you call when an individual reports wrongdoing in an organization?
The answer is Workplace whistleblowing, when an individual reports wrongdoing in an organization its called Workplace whistleblowing.
What is the meaning and definition of an organization?An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union. The term "organization" can be used to describe a person, a group, a company, or the process of creating or developing anything.
What is a management example of organization?Examples of this type of organizational structure include insurance corporations, engineering companies, law firms, regulatory bodies, etc. In other words, businesses that require sporadic technical assistance for personnel managing or handling front-line staff's daily tasks.
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.Marketing as a field of study originally broke off from which academic discipline?Industrial engineeringOrganizational behaviorAgricultural economicsEngineering technology
Marketing as a field of study originally broke off from the discipline of Agricultural economics.
In the early 20th century, marketing was primarily seen as a part of economics and business administration. However, as the discipline evolved and focused more on consumer behavior, distribution channels, and market research, it began to differentiate itself from the broader field of economics.
The emergence of agricultural economics as a separate academic discipline was instrumental in the development of marketing as a distinct field of study. Agricultural economists recognized the importance of understanding market dynamics, consumer demand, pricing, and distribution within the context of agricultural products.
Over time, marketing expanded beyond agricultural products and encompassed a wide range of industries and consumer goods. It became recognized as a separate field of study with its own theories, frameworks, and methodologies. Today, marketing is considered an interdisciplinary field that draws from economics, psychology, sociology, and other social sciences to understand and influence consumer behavior and create value in the marketplace.
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News sources are helpful for generating ideas for topics tied to current events. True False
Answer:
The answer is True.
Explanation:
All people want is new ideas something they havent seen before.
Which demographic groups does Women in Motion serve?(keep it clear and short)
The demographic group Women in Motion serve is Women who are all talented and Young giving in their best contribution to Cinema.
What is demographic?
Demographic is referred to defining a set of populations based on the characteristics like age, gender, social status, education, qualification, and so on.
"Women in Motion" has referred to a kind of award which was given to effective young female personalities who are raising the position of women in society and providing a contribution to their growth.
The event has emerged as a go-to platform for starting discussions and influencing perceptions around the representation of women in the arts and entertainment industries.
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You are researching buying your first car and have found the following information. Use the information below to calculate how much owning the car will cost you over 5 years. (Note: Not all information is useful/needed)
• Purchase Price: $20,000
• 4--Year Auto Loan payment: $450
per month
• Depreciation: 10% of the original price each year
• Checkups/Oil changes: $100 per year
• 5-year Average Repair Costs:
$3,000
• Insurance: $1,200 per year
• Gas cost: $3,000 per year
Using mathematical operations, the total cost of owning the car will be $46,100 over its 5-year life.
How is the total cost determined?The total cost is the sum of the different costs associated with the ownership of the car over its 5-year period.
Some costs, like gasoline, checkups/oil changes, and insurance are multiplied by 5 years while others were not.
Auto loan repayment per month = $450
Period of auto loan repayment = 48 months (4 years x 12)
Auto loan repayment for 4 years = $21,600 ($450 x 48 months)
Checkups/Oil changes = $500 ($100 x 5 years)
5-year Average Repair Costs = $3,000
Insurance = $6,000 ($1,200 x 5 years)
Gas cost - $ 15,000 ($3,000 x 5 years)
Total cost = $46,100
Thus, we can use mathematical operations (multiplication and addition) to determine the total cost of the car over 5 years.
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if a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on
If a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on return on investment goals.
Return on investment is a sign of a profitable investment (ROI). By comparing the amount invested to the amount earned, ROI evaluates how effective an investment was. Let's look at how businesses and individual investors use it.
ROI: Describe It.When you put money in a company venture or investment, ROI helps you to calculate the profit or loss your investment has produced.
The return on investment is calculated by dividing the net profit (or loss) from an investment by the investment's cost. You can compare the effectiveness or profitability of several investment strategies thanks to the % format.
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Complete Question -
If a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on
A. profit expectations.
B. market share goals.
C. return on investment goals.
D. survival goals.
E. objectives.
Answer the following questions by taking reference from Chapter 4;
1. How can Lean & Six Sigma make Supply Chain Management
better?
2. Which Quality improvement techniques who you chose for your
Electronics manufacturing business out of the ones we discussed
in Chapter 7 in the class?
Word limit: 500 words total
Lean and Six Sigma can make Supply Chain Management better by improving efficiency, reducing waste, and enhancing quality. Lean principles focus on eliminating non-value-added activities and streamlining processes to achieve greater operational efficiency.
By implementing Lean techniques such as value stream mapping and just-in-time inventory management, Supply Chain Management can reduce lead times, improve inventory management, and optimize resource utilization. Six Sigma, on the other hand, aims to minimize process variations and defects through rigorous data analysis and statistical tools. By applying Six Sigma methodologies like DMAIC (Define, Measure, Analyze, Improve, Control), Supply Chain Management can enhance quality, reduce errors, and increase customer satisfaction. Overall, the combination of Lean and Six Sigma principles can lead to improved productivity, cost savings, and better overall performance in Supply Chain Management.
For my Electronics manufacturing business, I would choose several quality improvement techniques discussed in Chapter 7, depending on the specific needs and challenges of the business. Some of the techniques that could be beneficial include:
Statistical Process Control (SPC): SPC involves monitoring and controlling the manufacturing process using statistical methods. It helps identify and address variations or defects in real-time, ensuring consistent quality and reducing the likelihood of producing faulty products.
Failure Mode and Effects Analysis (FMEA): FMEA is a proactive technique used to identify and prevent potential failures or defects in the manufacturing process. By analyzing failure modes and their potential effects, the business can implement preventive measures to mitigate risks and improve product quality.
Design of Experiments (DOE): DOE allows systematic testing of different variables and their interactions to optimize product design and manufacturing processes. By conducting controlled experiments, the business can identify the most influential factors and their optimal levels, leading to improved product quality and process efficiency.
The specific choice of quality improvement techniques for the Electronics manufacturing business will depend on factors such as the nature of the products, the complexity of the manufacturing processes, and the desired quality objectives.
In conclusion, implementing Lean and Six Sigma principles in Supply Chain Management can lead to improved efficiency, reduced waste, and enhanced quality. For an Electronics manufacturing business, selecting quality improvement techniques like Statistical Process Control, Failure Mode and Effects Analysis, and Design of Experiments can help optimize processes, prevent defects, and achieve higher product quality. The choice of techniques should align with the business's specific needs and objectives to drive continuous improvement and customer satisfaction.
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What are the 3 main characteristics for a market structure?
The three main characteristics of a market structure are the number and type of firms, the degree of competition and the pricing strategies used by firms.
The number and type of firms present in a market structure determines the degree of competition and pricing strategies adopted by firms. If there are only a few firms in the market, then these firms can set prices at whatever level they choose, with little to no competition.
On the other hand, if there is a large number of firms competing in the same market, then prices tend to be lower and competition is more intense. The type of firm also plays a role in the market structure; for example, if there are many large firms with huge market shares, then those firms have more power to influence prices and impose their own pricing strategies.
The degree of competition is a key factor in determining the market structure. If competition is low, then firms can maintain high prices and earn high profits; alternatively, if competition is high, then firms have to lower prices in order to remain competitive and attract customers.
The degree of competition also affects the pricing strategies adopted by firms; for example, if competition is low, then firms can use a strategy of price skimming, where they set high prices in order to maximize profits, while if competition is high, then firms have to use strategies such as price discrimination and predatory pricing, where prices are set at a lower level to attract customers.
Finally, the pricing strategies used by firms are also a key factor in determining the market structure. Firms use different pricing strategies to maximize profits, such as price skimming, price discrimination, and predatory pricing. Price skimming is the practice of setting high prices initially to generate higher profits, whereas price discrimination is the practice of setting different prices for different customers. Predatory pricing is the practice of setting prices lower than those of competitors in order to drive them out of the market.
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Help what’s the answer?
A normal good is one that sees an increase in demand as a result of an increase in the income of consumers.
To put it another way, a rise in wages leads to an increase in demand for standard goods, whereas a decrease in wages or layoffs results in a decrease in demand.
When the price of a typical good goes up, what happens?
An increase in the cost of a typical good accomplishes the same thing.Consumers are more likely to substitute other goods whose prices are currently relatively lower because of the higher price.As a result, less is needed because of the substitution effect.
What happens to a product's price when demand rises?
If the demand for a good or service exceeds the supply at the current price, there is a shortage. The price goes up as a result. The equilibrium price will rise in the event of an increase in demand while the other conditions remain unchanged; The offered quantity will rise.
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The popularity of social media platforms has given brands new channels for connecting with people as they move through the buyer's journey. Like other forms of online marketing (e.g., search and display ads; email), social media ads can be used to persuade consumers at each step of the journey. In the article "The Top 8 Social Media Metrics for Advertisers", digital marketer Margot Whitney gives her take on metrics brands should use to assess social media marketing performance.
In the article "The Top 8 Social Media Metrics for Advertisers," digital marketer Margot Whitney highlights key metrics that brands should use to assess social media marketing performance.
Using social media advertisingWhen discussing social media advertising, it is important to note that it can be used to persuade consumers at each step of the buyer's journey.
Margot Whitney, a digital marketer, suggests that there are eight social media metrics that brands should use to assess their social media marketing performance.
These metrics include engagement rate, reach, click-through rate, conversion rate, cost per click, return on investment, sentiment, and share of voice
These metrics help businesses evaluate their social media campaigns' effectiveness at connecting with people and persuading consumers throughout the buyer's journey.
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morgan is moving to a new city. she should consider each of these factors when selecting a new financial institution except
Answer:
all except PMI
Explanation:
Lucia spends some time carefully reviewing her paycheck so that she can fully understand the difference between her gross and net pay. by doing so, what skill is lucia displaying?
The skill Luca displaying by doing her paycheck so that she can fully understand the difference between her gross and net pay is Problem solving.
Problem solving, which is a common component of most activities, is the process of reaching a goal through overcoming barriers. Little daily duties to complicated concerns in the commercial and technological domains are all examples of problems that need to be solved.
Whereas the latter is complicated problem solution with several interconnected hurdles, the former is an example of basic problem solving that only addresses one issue. Undefined issues, in which the existing state is problematic but it is unclear what type of resolution to strive for, are distinguished from well-defined difficulties, which have obvious impediments and goals.
Similar distinctions may be made between formal, fact-based difficulties requiring psychometric intelligence and socio-emotional problems that depend on people's or groups' fluctuating emotions, such as appropriate behaviour, attire, or gift preferences.
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Lucia spends some time carefully reviewing her paycheck so that she can fully understand the difference between her gross and net pay. by doing so, what skill is lucia displaying?
Results - driven
Problem - solving
Innovation
Innitiative