The reason for enacting the changes to net asset classifications under ASU 2016-14 is to enhance disclosures about net asset classifications and restrictions, which ultimately improves the usefulness of the information provided to stakeholders.
ASU 2016-14 was introduced by the Financial Accounting Standards Board (FASB) to improve the transparency and clarity of financial statements for not-for-profit organizations. One of the key objectives of this standard is to provide stakeholders with a better understanding of an organization's financial position and activities. By revising the net asset classifications, the standard aims to enhance the disclosures related to net assets and their restrictions.
Previously, the distinction between permanently and temporarily restricted net assets was often unclear, making it difficult for stakeholders to assess an organization's financial health and the availability of its resources. ASU 2016-14 addresses this issue by providing more detailed information about the nature and extent of restrictions placed on net assets. This allows stakeholders to have a clearer picture of an organization's financial resources and the purpose for which those resources can be utilized.
By improving the disclosure of net asset classifications and restrictions, ASU 2016-14 helps stakeholders make more informed decisions and assessments regarding the financial stability, sustainability, and accountability of not-for-profit organizations. It ensures that the financial information provided in the statements is more meaningful, relevant, and useful for users. Overall, these changes contribute to the overall transparency and effectiveness of financial reporting in the not-for-profit sector.
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Question 1 of 10 If you make a plan to get a certain amount of a project done each day, what skill have you demonstrated? A. Time management B. Punctuality O C. Moral standards D. Integrity
Answer: A
Explanation: not sure, but i think its correct
assess future labor supply.open choices for ranking no answer prepare a human resource inventory.open choices for ranking no answer establish a strategic plan.open choices for ranking no answer assess future human resource demand.open choices for ranking no answer prepare a job analysis.
The 5 steps in human resource planning are: assessing future labor supply, preparing a human resource inventory, establishing a strategic plan, assessing future human resource demand, and preparing a job analysis.
The 5 steps in human resource planning are as follows:
1. Assess future labor supply: This step involves analyzing the current and projected labor market to determine the availability of qualified workers in the future. It helps organizations understand the potential challenges they may face in terms of recruiting and retaining employees with the necessary skills and qualifications.
2. Prepare a human resource inventory: In this step, organizations take stock of their current workforce by collecting and analyzing data related to employees' skills, experience, and performance. This inventory provides valuable information about the organization's internal talent pool and helps identify any gaps or surplus in skills and competencies.
3. Establish a strategic plan: Based on the information gathered from steps 1 and 2, organizations develop a strategic plan that aligns human resource needs with the overall goals and objectives of the organization. This plan outlines the strategies and actions required to meet future workforce requirements and ensure the organization has the right talent in place.
4. Assess future human resource demand: Organizations estimate the future demand for human resources by considering factors such as projected growth, changes in technology, market trends, and organizational goals. This step helps determine the number and types of employees needed in the future.
5. Prepare a job analysis: A job analysis involves collecting information about the tasks, responsibilities, and requirements of specific job roles within the organization. This information is used to develop job descriptions and specifications, which serve as a basis for recruitment, selection, training, and performance management.
By following these steps, organizations can effectively plan and manage their human resources to meet their current and future needs, ensuring they have the right people in the right positions to achieve their objectives.
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Complete Question:
What are the 5 steps in human resource planning?
The conflict between owners, employees, suppliers, and customers of a company is known as a. conflict of multiple environments. b. regulatory risk. c. problem of agency. d. conflict of interests.
The conflict between owners, employees, suppliers, and customers of a company is known as a conflict of interests. This is because each group has its own unique set of interests and goals that may not always align with each other.
For example, owners may prioritize maximizing profits, while employees may prioritize fair compensation and good working conditions, and customers may prioritize high-quality products and low prices. These differing interests can lead to conflicts and tensions within the company.
The problem of agency is another concept that can contribute to conflicts between these groups. This refers to the potential for employees or managers to act in their own self-interest rather than in the best interests of the company or its owners. This can lead to conflicts between owners and employees, as owners may feel that employees are not acting in the best interests of the company. Regulatory risk can also contribute to conflicts between these groups. This refers to the potential for changes in laws or regulations to impact the operations of the company. For example, if new regulations require the company to invest in costly upgrades or changes, owners may resist these changes due to the potential impact on profits.
Overall, the conflict of interests between owners, employees, suppliers, and customers is a complex issue that can arise in any company. Effective communication, transparency, and a shared sense of purpose can help to minimize conflicts and promote a more collaborative working environment.
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what is one of the effects that the internet has had on bussiness?
Low self-efficacy is associated with______.
Low self-efficacy is associated with a lack of confidence and motivation to achieve goals and perform tasks successfully.
Self-efficacy is an individual's belief in their ability to successfully perform a particular task or achieve a specific goal. Low self-efficacy can lead to negative outcomes such as reduced effort, decreased persistence, and lower achievement. When people lack confidence in their abilities, they may be more likely to avoid challenging situations or give up easily when faced with difficulties. This can limit their potential and prevent them from reaching their goals.
Furthermore, low self-efficacy can also lead to feelings of anxiety, stress, and depression. In contrast, individuals with high self-efficacy are more likely to approach challenges with a positive attitude, put in the effort, and persevere through obstacles, which can lead to higher levels of success and achievement. Therefore, it is important to develop and maintain high levels of self-efficacy in order to achieve personal and professional goals and maintain overall well-being.
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Write the name of any five organic fertilizers and describe any one them.
One example of an organic fertilizer is compost. Compost is made from decomposed organic materials such as kitchen scraps, yard waste, and other biodegradable materials.
What is Fertilizers?
Fertilizers are substances added to soil or other growing mediums to provide essential plant nutrients that are deficient or absent in the soil. They are used to enhance the growth, yield, and quality of crops, and can be organic or inorganic in nature. Fertilizers contain essential plant nutrients such as nitrogen, phosphorus, and potassium, as well as other secondary and micronutrients that are important for plant growth and development. The use of fertilizers can help increase agricultural productivity and improve food security, but it is important to use them responsibly to minimize negative impacts on the environment.
Compost
Manure
Bone meal
Fish emulsion
Blood meal
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If seller 3 exits the market (goes out of business), then the weekly market quantity of hamburgers supplied at a price of $4 will be?
If seller 3 exits the market (goes out of business), then the weekly market quantity of hamburgers supplied at a price of $4 will decrease from 17 to 9.In a market economy, the interaction between producers and customers will establish the equilibrium price and quantity.
The Law of Demand: What Is It?One of the most fundamental ideas in economics is the law of demand. It explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply.
According to the law of demand, the quantity bought varies inversely with price. The quantity demanded by a consumer decreases as the price increases. Because of declining marginal utility, this happens.
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the temporary account used only for the closing process that contains a credit for total revenues (and gains) and a debit for total expenses (and losses) is the:
The temporary account used only for the closing process that contains a credit for total revenues (and gains) and a debit for total expenses (and losses) is the income summary account.
What is a temporary account?
A temporary account is an account that contains entries made for only one accounting period. This means that the account's balances are reset at the end of the period.
As a result, these accounts are closed at the end of the accounting period when their balances are transferred to permanent accounts.
Temporary accounts include revenues, expenses, and dividends. Since they are used to record a company's activities for a specified period, they are typically adjusted and closed at the end of the period.
Permanent accounts, such as assets, liabilities, and equity accounts, are not closed at the end of an accounting period but instead carry over to the next period.
What is the income summary account?
The income summary account is a temporary account used during the closing process to collect all of the revenue and expense balances and transfer them to the retained earnings account.
It aids in the preparation of financial statements by summarizing the revenue and expense accounts' balances for the period in one account. It helps to close temporary accounts by aggregating their balances at the end of the period.
The income summary account has a credit balance that equals the total revenue and gains and a debit balance that equals the total expenses and losses at the end of the accounting period.
When the balance in the income summary account is transferred to retained earnings, it is closed for the period.
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Answer: income summary account
Explanation:
What is an example of a flame?
The definition of a flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person. Flame is defined as to burn or light up, or to criticize harshly.
Answer: A flame is a very negative review that can seriously damage sales.
So if one of the choices has a bad review of an issue, like apartment maintenance getting a bad review, it is that answer.
Explanation: A pex
the price of a 12-inch cast iron skillet is $100, the wage per worker is $200, and the rent per machine is $400. assume the firm always produces the profit-maximizing quantity of 12-inch cast iron skillets using the cost minimizing combination of inputs. if the marginal product of capital is 4, how many workers does george hire?
George should hire 408 workers to produce the profit-maximizing quantity of 12-inch cast iron skillets.
To find the number of workers that George should hire, we need to use the marginal product of labor and the wage rate. We know that the profit-maximizing quantity of output is produced using the cost-minimizing combination of inputs. Since the firm is producing 12-inch cast iron skillets, we can assume that the production function is given by;
Q = f(K, L)
where Q will be the quantity of output, K will be the capital input (rent per machine), and L is the labor input (wage per worker). We are given that the marginal product of capital is 4, which means that;
∂Q/∂K = 4
We can also assume that the production function exhibits diminishing marginal returns to labor, which means that the marginal product of labor (MPL) is decreasing as the number of workers increases. The profit-maximizing combination of inputs can be found by setting the marginal product of labor equal to the wage rate;
MPL = ∂Q/∂L = w
Substituting the given values, we get;
4L/(K+L) = 200
Simplifying this equation, we get;
4L = 200(K+L)
4L = 200K + 200L
200L - 4L = 200K
196L = 200K
L = 200K/196
Since we know that the rent per machine is $400, we can substitute K = 400 in the above equation to get;
L = 200(400)/196 = 408.16
Therefore, George should hire 408 workers.
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1. list and discuss briefly the benefits claimed by cisco for its ix5000 telepresence technology.
Benefits claimed by Cisco for its IX5000 Telepresence technology include
1. Lifelike Experience: The IX5000 provides an immersive telepresence experience with lifelike video and audio quality, enabling natural communication and collaboration.
2. Simplified Setup: The technology offers a simplified setup process with reduced installation time and minimal cabling requirements, allowing for quick deployment and ease of use.
3. Integrated Collaboration: The IX5000 integrates with Cisco's collaboration tools, providing seamless connectivity and access to features like content sharing, whiteboarding, and document collaboration.
4. Cost Savings: By eliminating the need for travel, the technology reduces expenses associated with transportation, accommodation, and related costs, resulting in significant cost savings for organizations.
5. Scalability and Flexibility: The IX5000 is designed to scale and adapt to various meeting room sizes and configurations, providing flexibility for different collaboration needs within an organization.
Cisco's IX5000 Telepresence technology aims to deliver an immersive and natural communication experience. It simplifies the installation process, reducing setup time and cable clutter. Integration with Cisco's collaboration tools enhances productivity by enabling content sharing and collaborative activities. Cost savings are achieved through reduced travel expenses. The technology can scale to accommodate different meeting room sizes, offering flexibility for organizations with varying collaboration requirements.
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what does the art of scientific thinking include microeconomics
Scientific thinking skills include observing, questioning, predicting, testing ideas, documenting data, and communicating ideas.
Learning skills that support scientific thinking is an important part of early childhood development. As children grow up, scientific thinking really becomes an art. Knowing logically what skills to use and how to proceed when a problem arises helps you understand better.
Scientific thinking skills include observing, questioning, predicting, testing ideas, documenting data, and communicating ideas. As parents and educators, we encourage experimentation, exploration, scientific games and practices to model scientific thinking and lay a solid foundation for young children's future application of the scientific investigative process. Michigan State University Extension recommends the ideas to promote the development of scientific thinking in young children.
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Theresa Davis is in the 40 percent personal tax bracket. She is considering investing in HSA (taxable) bonds that carry a 12 percent interest rate.
What is her after-tax yield (interest rate) on the bonds?
Suppose Twin Cities Memorial Hospital has issued tax-exempt bonds that have an interest rate of 6 percent. With all else the same, should Kim buy the HCA or the Twin Cities bonds?
With all else the same, what interest rate on the tax-exempt Twin Cities bonds would make Kim indifferent between these bonds and the HCA bonds?
Based on the information given, it should be noted that the after tax yield on the bonds will be 7.2%
How to calculate the after tax yield.It should be noted that the after tax yield will be:
= Interest × (1 - tax rate)
= 12 × (1 - 40%)
= 12 × (1 - 0.4)
= 12 × 0.6
= 7.2%
Also, Kim should buy the HCA bonds because their after tax yield is more than that of Twin cities.
Lastly, to make Kim indifferent between these bonds and the HCA bonds, Twin cities bonds should give an interest rate that's equal to 7.2%.
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6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:
Answer:
Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.
Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.
The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.
Throughout history, the role of government in business has changed. When the constitution was written, what was the federal government's role in business?
Select an answer from the options below
A-issue patents to inventors
B-impose tariffs on imported goods
C-settle disputes between businesses
D-all the above
Government agencies may assist businesses by offering them advisory, financial, and other services. It can also serve as the public's ally by making and upholding laws pertaining to labor safety, consumer protection, and other issues.
The Constitution grants the government the authority to regulate some businesses, and the U.S. government has been involved in business for as long as the nation has existed. The business community continues to enjoy a great deal of independence even if the role of the government has grown throughout time.
To safeguard the rights of employees, the environment, and businesses' level of power in a highly commercialized society, the U.S. government has put in place a number of business rules. Growth, industrialization, changes in mindset, environmental concerns, and technological advancements all contributed to changes in the government's involvement in business over time.
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What competitive advantage does Apple use?
One of Apple's competitive advantages is its strong brand reputation and customer loyalty. Apple has successfully cultivated a brand image that is associated with high-quality, innovative, and user-friendly products.
This has helped the company to create a loyal customer base that is willing to pay a premium price for Apple products. Another advantage is Apple's focus on design and aesthetics. Apple products are known for their sleek and stylish designs, which have become important to the company's brand identity. This design focus has helped Apple differentiate its products from competitors and attract customers who value aesthetics and design.
Apple's ecosystem is also a competitive advantage. Apple has developed an ecosystem of hardware, software, and services that work seamlessly together, creating a cohesive user experience. This ecosystem helps to keep customers within the Apple ecosystem and makes it difficult for them to switch to competing products.
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How can you use feedback from your clients?
a. To practice reflective listening
b. To improve your effective communication
c. To improve your trust and rapport with your clients
d. To improve your skills and craft
Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
which kind of flour contains more gluten and less starch
a.all purpose flour
b.bread flour
c.cake flour
d.soft flour
Answer: b. bread flour
Explanation:
Different types of flour have varying gluten and starch content which is as a result of the kind of wheat used in making the flour.
Bread flour which is also called hard flour has gluten content of 13 to 14% which makes it the highest of the options. All purpose flour has around 12%, Cake flour has about 7.5 to 9% and soft flour is quite low as well.
define finiancial institution
Answer:
A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
Answer:
Financial institutions, otherwise known as banking institutions, are corporations that provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions:[1][2]
Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies;
Contractual institutions – insurance companies and pension funds
Investment institutions – investment banks, underwriters, brokerage firms
On Wednesday, your boss asks you if you'd be willing to work an
extra day on Saturday. You agree to come to work. On Friday,
your best friend invites you to go to the beach the next day.
Should you go to work or to the beach on Saturday? Why?
Answer:
Explanation:
I would go to work on Saturday as it has been agreed upon before my friend invited me to the beach.
The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
Sam has take-home pay every month of $800. He anticipates that his expenses will add up to $675 for the month. In a zero-based budget, why is it important that she put the extra $125 in SOME budget category?
Answer:
see below
Explanation:
The Zero-based budgeting technique assumes there will be no balance bought forward nor balance carried forward. Budget preparation for a particular period must start from zero or scratch. Each expense must be on merit. Income and expenses must match. In the zero-based budget, the difference between income and expenditure must be zero.
If Sam has an income of $800 and expenses of $675, she has to re-work her costs again to ensure they match her income. The zero-based budget demands she draws her expenses list again and comes up with a way of spending the $125 difference.
QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25
______ activities add value directly by transforming inputs into outputs as the firm moves a product or service horizontally along the internal value chain.
A. Complementary
B. Resource
C. Value
D. Primary
In the normal operation of business, you receive a check from a customer and deposit it into your checking account. With your bank statement, you are advised that this check for $775 is "NSF." The bank also informs you that due to the amount of activity on your business account the monthly service charge is $75. During a bank reconciliation, you will a.subtract both values from the cash balance according to the company’s records b.subtract both values from the cash balance according to the bank statement c.add both values to the cash balance according to the bank statement d.add both values to the cash balance according to the company’s records
If I’m reading it correctly, the answer is b. These items are listed on the bank statement and subtracted from the cash balance on the company’s books.
Question 5 of 10 Which of the following compensation options helps pay for classes or seminars attended? O A. 401(k) O B. Educational reimbursement C. Cafeteria plan D. Health insurance
The compensation plan that helps pay for classes or seminars attended is known as an educational reimbursement.
Educational reimbursement simply means an employee benefit where an employer pays for a certain pre-determined amount of college coursework.
Educational reimbursement is also known as tuition reimbursement. Companies give educational reimbursement to their staffs in order to help them complete a degree or program in school.
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Checking a credit report is a good way to
know whether credit is improving.
reduce the amount of money owed.
determine which debts to pay off.
decrease interest payments.
Checking a credit report is a good way to know whether credit is improving.
What is a credit report?A credit report refers to a statement that has information about your credit activity and current credit situation such as loan paying history and the other status of your credit accounts.
A credit report contains personal information, credit account history, credit inquiries and public records. This information is reported by your lenders and creditors to the credit bureaus. Your credit report can be used in a variety of situations, from getting a credit card to buying a house or even applying for a job.
Why is checking a credit report important?Checking your credit history is a good way to know whether credit is improving. It also helps you in understanding your current credit position.
Thus, regularly checking your credit reports can help you be more aware of what lenders may see and it can also help you detect any inaccurate or incomplete information.
Hence, option A is correct.
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Which of the following is an example of a source of external information?
government report
purchase records
loyalty cards
service records
Answer:
Government Reports are a source of external information
Answer the next question(s) on the basis of the following information: Suppose 30 units of product A can be produced by employing just labor and capital in the four ways shown below. Assume the prices of labor and capital are $2 and $3 respectively.
Refer to the above information. If the price of product A is $0.50, the firm will realize:
A. an economic profit of $4.
B. an economic profit of $2.
C. an economic profit of $6.
D. a loss of $3.
Your answer is B. an economic profit of $2.
Your answer is B. an economic profit of $2.
Since the price of product A is $0.50, the total revenue from selling 30 units will be $15 (30 units x $0.50). To calculate the economic profit, we need to find the lowest cost production method and subtract it from the total revenue.
In the given information, we should analyze the cost of labor and capital in the four ways of production. The way with the lowest combined cost of labor and capital should be chosen to maximize the profit. Compare the total cost of each method, and choose the lowest cost.
Once you have found the lowest cost, subtract it from the total revenue of $15. The result will be the economic profit. In this case, the economic profit is $2.
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