Six basic activities businesses are,
Sales. Every company's sales team is its lifeblood. Marketing. Marketing and advertising aid in the development of a brand and increasing the visibility of a company and its services.Finance. Accounting. Customer care. Human Capital.What is businesses?A business is defined as a company or organization that engages in commercial, industrial, or professional activities. Businesses can be either for-profit or non-profit organizations. Limited liability companies, sole proprietorships, corporations, and partnerships are all examples of business structures. Businesses are made up of individuals who collaborate to meet the needs of society as well as common goals. Coca-Cola and Walmart are two examples of businesses, as are smaller private businesses such as an accounting firm or a local grocery store. Business is an economic activity concerned with the production, distribution, and exchange of goods and services with the goal of profit by satisfying the infinite desires of human beings.To learn more about businesses, refer to:
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4. if matilda and benecio both get scammed, how much will each person need to pay into the pot of pooled money in order to cover their losses?
To make up for their losses, each participant must contribute $127.94 to the pooled fund. The standard deviation formula can be used to determine this.
What is the standard deviation?In statistics, the standard deviation measures how much a set of values can vary or be dispersed. A low standard deviation indicates that values tend to be close to the collection's mean, also referred to as the anticipated value, as opposed to a high standard deviation, which indicates a wider range of values.
Standard deviation is frequently represented by the lowercase Greek letter (sigma) in mathematical texts and equations for population standard deviation or by the Latin letter s for sample standard deviation. SD stands for standard deviation.
For loss
The random variable X's probability distribution is expressed as follows:
Loss (X) P(X) F(X)
0 0.97 0.97
750 0.03 1.00
E(X), often known as the expected value of X, is calculated as follows:
Loss (X) P(X) X × P(X)
0 0.97 0
750 0.03 22.5
Totals E(X) 22.5
the anticipated loss is $22.5. Following are the steps for computing X's standard deviation:
Loss (X) P(X) X × P(X) [X- E(X)]² × P(X)
0 0.97 0 491.06
750 0.03 22.5 15877.69
Totals 22.5 16368.75
E(X) Var(X)
SD(X) = √(Var(X)) = √(16368.75) = $127.94
Therefore, the standard deviation is the sum that each participant must contribute to the pooled fund in order to cover their losses.
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Question:
Amazon Prime Day occurs once a year, and a great deal of concern about cyber scammers exists. Let's assume that Matilda and Benicio are both Amazon shoppers. Let's further assume that each has a .03 (3% ) chance of losing money to a scammer. When the scammer succeeds, the loss is $750. Assume that Matilda and Benicio decide to share their losses equally. Further assume that their losses are uncorrelated.
If Matilda and Benicio both get scammed, how much will each person need to pay into the pot of pooled money in order to cover their losses?
Accounting data flow from the?
a. Balance sheet to the income statement.
b. Statement of owner's equity to the balance sheet.
c. Income statement to the statement of owner's equity.
d. Both b and c are correct.
Accounting data flow from the Statement of owner's equity to the balance sheet and Income statement to the statement of owner's equity.
The general ledger, every sub-leadger, invoices, bank statements, cash receipts, and checks are a few examples of accounting records. Accounting data come in a variety of formats, such as transactions, general ledgers, trial balances, diaries, and financial statements. Accounting is a process used to gather and present Accounting dataregarding a company's operations, finances, and cash flow.
Equity is referred to as "something that is fair and just" or as having the quality of being fair or unbiased.
Equitable treatment and results are what equity aims to promote. It is a technique for achieving equality. Everyone will receive the same treatment, opportunities, and promotion thanks to equity.
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Economic and military competition from _______________ helped to convince many americans that the united states should become a world power.
Economic and military competition from Europe helped to convince many Americans that the united states should become a world power.
What are a great power, a world power, and a local power?
2. A country, state, etc. with considerable influence or authority in international affairs. Long-term usage also refers to a person.
Here, "world power" might be interpreted as the ability to influence others and the range of one's influence. A sort of world power known as influence can only be quantified after it has been shown. Influence may be the ability to persuade others or it can be the desire of other countries to impress or emulate an influential nation.
International responses to Donald Trump's victory have sparked a faster disintegration of the American-led international system than anybody could have predicted. The interactions between top-tier and middle-tier nations are evolving quickly. American popular culture and American political, economic, and military interests and influence continue to be felt all over the world. Nations and non-state actors continue to be concerned about American policies, actions, or passivity on issues that are important to them in every area. In conclusion, the United States continues to be the only global superpower. However, status no longer carries the same weight that it once did.
Here, Freeman claims that despite our decline, the United States is still the "sole all-around world power." Ambassador Freeman assesses international power dynamics throughout the text. Perhaps it would be best to start with these definitions from the OED because we are reading an essay on tremendous power and global power
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if you take a road trip and stop at a gas station to refuel your vehicle, part of your payment for each gallon of fuel you put in your vehicle goes to build and maintain texas roadways as well as what other important state function?
If you take a road trip and stop at a gas station to refuel your vehicle, part of your payment for each gallon of fuel you put in your vehicle goes to build and maintain Texas roadways as well as to carry out public education.
What is taxes?Tax can be defined as the amount a person or a taxpayer remit to the government and this tax amount are use by government to do the following:
Build infrastructures such as road, railwayTo provide public educationSocial security etc.This scenario help to explain what the tax money generated by either the federal or state government are used for and the important of paying tax.
Therefore we can conclude that revenue generated through tax are use to build roadways among others.
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suppose the current spot rate for the euro is $1.3427. a call option with an exercise price of $1.3550 is said to be
So, a call option with an exercise price of $1.3550 is said to be out-of-the-money.
What is call option?A call option, commonly referred to as a "call" in finance, is an agreement between the buyer and the seller to swap securities for one another at a certain price. The buyer of a call option has the right, but not the responsibility, to purchase an agreed-upon amount of a certain good or financial product (the underlying) from the option's seller at a specific time (the expiration date) for an agreed-upon price (the strike price). By doing this, the owner effectively acquires a long position in the specified asset. If the purchaser so chooses, the seller (or "writer") is obligated to sell the good or financial instrument to the purchaser. The seller now has a short position in the specified asset as a result.
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extended decision making is the type of consumer decision-making process that
Extended decision making is a type of consumer decision-making process in which the product costs higher and purchases are made infrequently.
Consumer decision making refers to the process that consumers go through in deciding what to buy, including problem recognition, information search, alternative evaluation, decision making and post-purchase evaluation. In today's world, a consumer has many choices when making any decision.
But basically, consumers have five decision dimensions as follows:
What to buy? The decision to buy any product is the most important task. Until a decision is made, the consumer cannot buy anything.How much to buy? The next decision that consumers have to make is how much product to buy. It depends on the type of product to be purchased and then the purchase can be made.Where to buy it? Another decision that consumers have to make is where to buy the product. Consumers will usually go to places where the services offered are very good.When to buy? Consumers also have to decide when the purchase should be made. This is also influenced by product availability.How to buy? In this case the consumer must decide whether to pay in cash or by credit payment. Sometimes consumers also expect the goods purchased will be delivered by the retailer or the installment facility on the online purchase option can increase product sales.You can learn more about Consumer decision here brainly.com/question/14437518
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intellectual property rights are part of which element of pestel?
Intellectual property rights are part of which element of is Government policies, leadership, and change international trade policies, internal political challenges and trends; tax policy; and regulatory and deregulation tendencies are all examples of political influences.
Current and future economic growth; inflation and interest rates; job growth and unemployment; labor costs; the influence of globalization; consumer and company disposable income; and likely changes in the economic environment are all economic considerations.
Demographics (age, gender, race, family size); consumer attitudes, opinions, and purchasing patterns; population growth rate and employment patterns; socio-cultural shifts; ethnic and religious trends; and living standards are all examples of social elements.
Technological elements have an impact on marketing in three ways: new methods of creating goods and services new methods of distributing products and services and new methods of interacting with target markets.
Intellectual property (IP) is a type of property that incorporates intangible human intellect inventions. There are many different sorts of intellectual property, with some governments recognizing more than others. Copyright, patents, trademarks, and trade secrets are the most well-known types.
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how should the balances of progress billings and construction in process be shown at reporting dates prior to the completion of a long-term contract?
Current liability if credit balance and net balance, as a current asset if debit balance. The difference from must be reported as a current asset if construction in progress exceeds total billings, and as a current liability if billings exceed construction in progress.
Balance can be interpreted as the amount of bills that must be paid by individuals or companies. Meanwhile, in banking, the balance is the recorded amount of money that exists or remains in a savings account.
In digital wallets or bank accounts, the notion of balance refers to assets owned by a person. However, the understanding of the balance will be different when it is on a credit card. When we deposit some money into the account, the bank concerned has a debt of the amount we deposited earlier, So that we can conclude that the balance can be said to be the amount of the bill that must be paid.
Whereas in the accounting process, the notion of balance can be interpreted as an estimate that certain types of accounts will have debit or credit balances based on their classification in the chart of accounts. Each account or accounts has a predetermined normal balance. This decision is absolute or irreversible.
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last year, julie johnson bought one share of common stock for $925. during the year, julie received a $48.50 dividend. earlier today, she sold the stock for $967. what rate of return did julie earn on her investment? round your answer to two decimal places.
An investment's return is a profit in finance. Any change in the investment's value as well as any cash flows that the investor gets from the investment are included.
What rate of return did Julie earn on her investment ?
a) rate of return = dividend/price of stock (Po)
= 48.50/925
= 5%
b) dividend yield = dividend/current price (P1)
= 48.50/967
= 4.81%
c) capital gains yield = P1-Po/Po = 967 - 925 /925 = 42/925 = 4%
The ratio of net income (during a period of time) to investment is known as return on investment (ROI) or return on costs (ROC) (costs resulting from an investment of some resources at a point in time). A high ROI indicates that the returns on the investment outweigh the costs. ROI is used as a performance metric to assess an investment's effectiveness or to compare the effectiveness of multiple distinct investments. [1] It is a method of connecting earnings to capital invested in terms of economics.
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an additional cost incurred only if a company pursues a particular course of action is a(n): question 9 options: period cost. pocket cost. discount cost. incremental cost. sunk cost.
An additional cost incurred only if a company pursues a particular course of action is incremental cost.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both also have different ownership arrangements, laws, and rules regarding financial reporting.
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applying the lower of cost or market rule results in inventory being reported at the . multiple choice question. market value if lower than cost cost because the historical cost rule takes precedence higher market values
The application of the lower of cost or market rule results in inventory being reported at the market value if lower than cost cost because the historical cost rule takes precedence higher market values
What Is the Lower of Cost/Market Method?In finance, the lower of cost method states that when we are valuing the company's inventory, it most be recorded on the balance sheet at either the historical cost or the market value. Understand that a historical cost means the cost at which the inventory was purchased.
The norms is that value of a good can shift over time because if the price at which the inventory can be sold falls below the net realizable value of the item, thus its triggers a loss for the company, then, the market method can be employed to record the loss.
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if the company has an average collection period of 20 days and total sales of $2,520,000, what is the company's accounts receivable balance? (use a 360 day year). multiple choice question. $50,400,000 $126,000 $140,000 $350
The company's accounts receivable balance is $126,000. The correct option is C.
What are accounts receivable collections?The procedure of collecting debts due to a business is known as accounts receivable, or AR, collections. Finding the debtor must come first, followed by a method of getting in touch with them to request payment. If all else fails, the debt may be recovered by contacting collection agencies.
Given,
average collection period (ACP) = 20 Days
Sales = $2,520,000
Days = 360
Required to calculate accounts receivable balance =?
accounts receivable = Sales / Days x ACP
accounts receivable = 2,520,000 x 20 / 360
accounts receivable = $140,000
The number of days it will take to collect an average amount of accounts receivable is computed. The best way to determine this amount is to divide an annual A/R balance by net income for the same time period. The accounts receivable balance is $140,000.
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Identify all the ways that could help slow the emergence and spread of antimicrobial resistance.
1. Educate patients on the proper use of prescribed drugs (don't skip a dose).
2. Encourage stricter regulations of medications in developing countries.
3. Encourage patients to stop taking medication as soon as they feel better.
4. Train healthcare workers to use proper handwashing and other hygiene measures when dealing with patients.
5. Encourage appropriate administration of drugs (don't over prescribe).
6. Only use antibiotics for serious viral infections, not for common colds.
Antibiotic resistance is a serious threat to public health. Learn how to prevent antibiotic resistance in the best way possible. When bacteria, fungi, and other microbes develop resistance to the drugs designed to kill them, it is said to be antimicrobial resistance.
When germs develop resistance to the actions of antibiotics, this phenomenon is known as antimicrobial resistance (AMR). Antimicrobials are occasionally used in other research-related techniques, such as disease simulation or disease progression analysis.
Implementing efficient control measures has become more challenging due to the emergence of superbugs and the expansion of antibiotic resistance to numerous environmental niches. Educating people about it becomes one of the important tasks.
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after the accounts are adjusted and closed at the end of the fiscal year, accounts receivable has a balance of $500,000 and allowance for doubtful accounts has a balance of $25,000. what is the net realizable value of the accounts receivable?
Customers' outstanding debts for goods or services they have received but haven't yet paid for are referred to as accounts receivable.
Because it lowers the value of an asset—in this case, the accounts receivable—the allowance for dubious accounts is referred to as a "contra asset." The forecast made by management of the amount of receivable accounts that customers won't pay is known as the allowance, also referred to as a bad debt reserve.
Net Accounts receivable = $500000 - $25000
= $475000
A maker of furniture who has supplied furniture to a retail business is an example of an account receivable. Payment due is noted under accounts receivable once the manufacturer bills the retailer for the furniture. The maker of the furniture is awaiting payment from the retailer.
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julian is a shareholder in big bang corporation. big bang has had an excellent year and declares $5,000 in dividends to its shareholders. julian is elated, because he can really use that $5,000. when julian receives his dividend check, it will be in the amount of:
Based on the dividends declared by the Big Bang Corporation, when Julian receives his check, the amount would be d) $5,000 minus taxes, because even though the corporation pays taxes on its profits, shareholders must also pay taxes on dividends.
How much dividends are received?Share holders in Corporations are known to face double taxation in the form of income tax, and dividend tax. This means that after corporations pay a tax on their net income for the period, they will still have to pay taxes on the dividends that they declare for their shareholders by deducting this tax from the dividends.
This means that Julian will not receive the entire dividend amount of $5,000 that was declared, but would instead receive less than $5,000 as taxes have to be paid.
Options for this question are:
a) $5,000, because corporations pay an annual tax to do business in the state, and, therefore, shareholders are not taxed on their dividends.b) $5,000, because the corporation pays taxes on profits, and, therefore, shareholders do not have to pay taxes on dividends.c) $5,000 minus taxes, because the corporation pays no taxes on its profits; all taxes are paid by the shareholders when dividends are awarded.d) $5,000 minus taxes, because even though the corporation pays taxes on its profits, shareholders must also pay taxes on dividends.Find out more on dividends at https://brainly.com/question/25845157
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Four-year-old jewel thinks that all grown-ups are mommies or daddies. What has jewel used to classify adults in this way?.
Four-year-old jewel thinks that all grown-ups are mommies or daddies. Jewel has used the Superordinate Concept to classify adults in this way. See further explanation below.
What is the Superordinate Concept?Superordinate terms (also known as 'hypernyms,' 'anaphoric nouns,' or 'discourse-organizing words') are nouns that may represent an entire 'class' or 'category' of objects. As a result, a superordinate term serves as a 'umbrella' term, encompassing the meaning of other terms.
A concept is a mental classification of the world. Terms like "cat," "house," and "plate" may all signify different things to different people. However, categorizing them helps us to conserve memory space and swiftly form assumptions, predictions, and generalizations about the world around us.
Take, for example, the word "cat." Rather than instructing you to envision a cat approaching you, I might have stated, 'There's a four-legged animal with a wagging tail and hair that approaches and meows at you.' But that's quite a few words. It's far easier to rely on the notion of a cat, knowing that when I say "cat," you'll think of four legs, a tail, hair, and meowing. This is due to the fact that all of those features are connected with the notion of a cat.
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what is generally true about class a skus in abc analysis? they represent about: 80 percent of all skus. 50 percent of all skus. 20 percent of the dollar usage. 80 percent of the dollar usage.
The is generally true about class a SKUs in abc analysis. they represent about : 80 percent of all SKUs and about 20 percent of the dollar usage.
What is analysis?
Mathematicians study continuous changes in analysis, which also includes this same theories of integration, distinctions, measure, limits, analytic functions, and infinite series. It is the methodical study of continuous real and complex-valued functions. It describes one type of abstract logic theory as well as the discipline of that which calculus is a part. Real analysis as well as complex analysis are two major divisions of analysis that deal with real-valued functions and complex-valued functions, respectively. True Analysis Real analysis is a subfield of analysis that examines concepts such as continuity, differentiation, integration, limits of sequences, and sequences of functions. The extended real line is formed by concentrating on the real numbers, including positively and negatively infinity.
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the part of the management function of organizing that includes hiring, motivating, and retaining the best people is
Staffing is the portion of the management function of organizing that entails finding, inspiring, and keeping the best employees.
Describe staffing.Finding, choosing, evaluating, and establishing a working rapport with current or potential employees is referred to as staffing. Finding qualified candidates to fill the various positions within the company is the main objective of staffing. At various stages of the staffing process, hiring can be done by employees of the company or by contractors.
What does management staffing entail?
Staffing in management is the process of assembling a group of individuals based on their knowledge, experience, talents, skills, and areas of specialization. With staffing, management aims to simultaneously identify, assess, choose, and develop talent while also providing for the organization's existing talent.
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you are presenting to your stakeholders an analysis of your company’s latest quarter earnings. your stakeholders express concern that your projections for next quarter are lower than expected. what are appropriate ways to respond to these objections? select all that apply.
Appropriate ways to respond to stakeholder objections are:
A. Communicate the assumptions you made in your approach
C. Take steps to investigate your analysis question further
D. Explain why you think the discrepancies exist
Who are a company's stakeholders?They correspond to individuals, organizations and groups that may have some kind of interest in a company. That is, they are the groups whose actions a company can directly impact, such as investors, customers and suppliers.
When there is concern about the financial projections presented, as in the question, it is ideal that there is an answer to such objections in a transparent way, demonstrating through reliable data to confirm your hypotheses.
Therefore, it is essential that a company seeks to develop corporate governance, with transparent and aligned decisions to increase stakeholder trust in the business.
This is a incomplete question. The missing alternatives are:
A. Communicate the assumptions you made in your approach
B. Repeat the steps you took
C. Take steps to investigate your analysis question further
D. Explain why you think the discrepancies exist
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consider two mutually exclusive projects a and b: project cash flows (dollars) npv at 12% c0 c1 c2 a −35,500 25,400 25,400 +$ 7,427 b −55,500 38,500 38,500 +9,567
At Irr, present value of inflows=present value of outflows.
A: Putting into a financial calculator,
PV=-35,500
N=2
PMT=25400
Solving for I/Y; we get
I/Y=IRR=27.62%(Approx)
B:
Putting into a financial calculator:
PV=-55,500
N=2
PMT=38,500
Solving for I/Y; we get
I/Y=IRR=24.91%(Approx)
b. Hence as per IRR; Project A is best having higher IRR
c. Actually; Project B is best having higher NPV
The net amount of cash and cash equivalents coming into and going out of a business is referred to as cash flow. Money spent and money received reflect inflows and outflows, respectively.
Fundamentally, a company's capacity to produce positive cash flows, or more precisely, its capacity to optimize long-term free cash flow, determines its potential to create value for shareholders (CFC). FCF is the cash a firm generates from its regular business activities after deducting any funds used for capital expenditures (Capex).
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a speculator that has a futures contract has taken a position. a) sold; long b) purchased; long c) purchased; short d)none of the above group of answer choices a b c d
A speculator that has sold a futures contract has taken a short position.
Hence, Option D is correct.
What is future contract?
A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange.
Different types of futures contracts
equity futures, index futures, commodity futures, currency futures, interest rate futures and VIX futures.
Hence, sold and short are appropriate options for the given question.
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What approach does Dave Ramsey recommend for saving for purchases?
Answer: Sinking fund approach
Explanation: "A sinking fund is where you save a little bit of money every single month for something specific. So, anytime you have a known expense coming up, you can use a sinking fund to save up for it over time".
As Ramsey explains, a sinking fund is different from an emergency fund, because the purpose of it is to prepare for expected expenses that you are going to incur soon. And he believes it us important to have one because it makes big purchases easier to pay for without having to borrow
when the audit team increases the planned assessed level of control risk because certain control activities were determined to be ineffective, the audit team would most likely increase the:
An auditor would most likely enhance the extent of testing of details when the assessed level of control risk is raised as a result of certain control procedures being found to be ineffective.
the level of risk of a substantial misstatement is raised by an auditor because?
Because some control measures were found to be poor, an auditor would most likely increase the following risks of material misstatement: length of controls' testing.
The anticipated assessed level of control risk is at what level.
During audit planning, auditors establish a projected assessed degree of control risk. Based on presumptions regarding the caliber of the internal control framework, the intended assessed level has been established. Based on data on internal controls, a real evaluated level of control risk is determined for each assertion.
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Identify the roles in a typical buying center.
The roles in a typical buying center are originators, users, mentors and evaluators.
The originator, also known as the initiator, is frequently the initial step in the purchasing process. The first request to discover a solution is made by the originators. Users are the people who will eventually adopt or use the solution in their line of work. Originators frequently begin as users. Mentors are people who offer assistance with internal decision-making.
A stated set of criteria is used by evaluators to access the possibilities that are accessible for a solution. These frequently involve experts in competitive and technical analysis.
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true or false: although many ideas are presented in the idea generation stage of the new-product development process, only a few of these ideas will ever become marketed products.
It is true that although many ideas are presented in the idea generation stage of the new-product development process, only a few of these ideas will ever become marketed products.
What is the new-product development process?The new-product development process can be described as the original idea of the product with respect to the market , this can be seen as the process that the new product needs to follow to get to the market so that the producer can make the profit that they want from the market.
It should be noted that this process comes inform of different stages where the maturity stage serves as the peak of ll the stages.
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what are the two reasons that inventory must be estimated? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.)
Two reasons that inventory must be estimated are:
The work of one person acts as a check on another person to prevent fraud and errors. Responsibility for a task should be clearly established and assigned to one person. What are inventories ?Inventory can be described as the items as well as the goods and merchandise, that is been seen with the company by and held in the business so that they can sell the product in the market so that they can generate profit.
It should be noted that the estimation of the inventory is very essential because it help to fraud as well as other errors that can affect the operation of the business can be avoided, however the estimation can as well help in the assignment of the task to the specific person that can handle the task in the set up or in the team in general.
Therefore the first two options are correct.
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Check the complete options:
The work of one person acts as a check on another person to prevent fraud and errors. Responsibility for a task should be clearly established and assigned to one person. Use of detailed records to help prevent loss of assets.
a ________ involves conducting a dry run of the survey on a small, representative set of respondents to reveal questionnaire errors before the survey is launched.
A pretest involves conducting a dry run of the survey on a small, representative set of respondents to reveal questionnaire errors before the survey is launched.
Representative set of respondents to reveal questionnaire errors before the survey is launched. are pre-test .
Pre-tests are a type of non-graded assessment designed to find out whether students already know the material. Pretesting is the stage of survey research where survey questions and questionnaires are tested on participants in the target population/study population in order to assess the validity and reliability of the survey instruments prior to their final distribution .Before using your survey questionnaire to gather data, it is crucial to test it. Pretesting and piloting can help you find items that participants don't understand or issues with the questionnaire that could provide skewed results. The term "survey error" describes errors in the design, use, and interpretation of the survey instrument as well as the results. Survey error is related to data completeness, data interpretability, and result generalizability.
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2. suppose that you desire to get a lump-sum payment of $100,000 two years from now. rounded to full dollars, how many current dollars will you have to invest today at 10 percent interest to accomplish your goal?
An amount of $82645 needs to be invested today to obtain a lump sum amount of $100000 at the end of two years at 10 percent interest
Calculating the required investment each year using the formula:
Present value = A/(1+i)^n
i = Rate of interest
i = 10/100 = 0.1
n = Number of years for which investment is made
n = 2 years
A = amount after two years
A = $100000
Substituting the values in the formula, we get the following:
Present value = 100000/(1+0.1)^2
= 100000/(1.1)^2
= 100000/1.21
= 82644.62 or $82645
So, we need to invest $82645 today to get the desired amount
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the use of prenumbered checks is an example of question 17 options: documentation procedures. independent internal verification. establishment of responsibility. segregation of duties.
The use of prenumbered checks is an example of documentation procedures.
Documentation procedures:
Simply said, documented procedures are records that are available to everyone in your organisation. They detail every action that needs to be taken and continuously repeated for specific jobs.
Too many limitations and regulations may actually prevent support from offering top-notch service. Team members can receive the training and confidence they need to accomplish their jobs properly from your defined procedures.
Making checklists and process lists for each individual job is a great practise in general. By doing this, your team members won't have to sift through task lists and job descriptions that aren't relevant to them in order to find the information that's most important to them.
So, the required answer is Documentation procedures.
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what revenue model involves charging customers to gain continuous access to a product or service?
A form of revenue model where businesses make money by selling premium goods and charging clients for ongoing access to a product or service. This income model relies on investments made voluntarily by clients or companies.
A company's revenue model dictates how it sets product and service prices. Revenue models prioritize the best ways to generate income based on what is provided and who pays for it. The easiest example of a revenue model is a well-known blog that makes money by selling adverts. Subscription, licensing, and markup is examples of common business models. The revenue model aids firms in choosing their revenue generation tactics, such as which revenue source to prioritize, identifying their target market, and setting prices for their goods.
A revenue model is a theoretical framework that identifies and describes the source of revenue for the business. It includes the target market for the product, sources, and value propositions for generating income.
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