E12-23. (Matching Match the items in the following right column with those in the left column: 1. An act of Congress that gives a department and/or agency authority to a Outlays obligate the federal government to make disbursements for goods and services b. Obligation c. Disbursement 2. Document sent to the Treasury ordering it to pay vendors and employeesschedule 3. Sets standards for federal government accounting d. GASB 4. Type of fund used to account for commercial-type operations of federal 5. Action by which the OMB distributes amounts appropriated by Congress Appropriation f. Revolving fund g. Apportionment agencies Payments of obligations obligation h. FASAB i. Allotment j. Trust fund _6. 7. Reserves budgetary authority from an allotment in anticipation of an 8. Federal equivalent of encumbrances used by state and local governmental k. Deferral I. Commitment units 9. Type of fund that finances Social Security payments

Answers

Answer 1

An act of Congress that gives a department and/or agency authority to Outlays obligate the federal government to make disbursements for goods and services.

Federalism is a system of government in which powers are divided between a central and its constituent states, provinces, etc. It is an institutional mechanism that integrates her two policy areas: one at the central or national level and one at the regional or local level.

"State" means that there is both a central government and 50 state governments. A "republic" is a form of government in which the people hold power and elect representatives to exercise that power.

These numerated powers include, among others, the power to tax, regulate commerce, enact uniform naturalization laws, establish federal courts (subordinate to the Supreme Court), establish and maintain armed forces, and declare war.

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Related Questions

kiwi interests is a partnership with a tax year that ends on september 30, 2021. during that year, kereru, a partner, received $2,000 per month as a guaranteed payment, and his share of partnership income after guaranteed payments was $14,000. for october through december of 2021, kereru received guaranteed payments of $3,000 per month. calculate the total amount of income from the partnership that kereru should report for the tax year ended december 31, 2021. $fill in the blank 1

Answers

The total amount of income from the partnership that Kereru should report for the tax year that ended December 31, 2021, is $19,000.

Add the guaranteed payments that Kereru has received from October to December 2021:

$3,000 + $3,000 + $3,000 = $9,000

Add Kereru's share of partnership income after guaranteed payments for the tax year ended September 30, 2021:

$14,000

Add the two amounts:

$9,000 + $14,000 = $23,000

Subtract the guaranteed payments that Kereru has received from January to September 2021:

$23,000 - $2,000 x 9 = $19,000

Therefore, the total amount of income from the partnership that Kereru should report for the tax year ended December 31, 2021, is $19,000.

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which of the following statements is true? group of answer choices if the gini coefficient is 1.00, then the lorenz curve and the line of perfect income equality coincide. if the gini coefficient is 0.50, then one-half of the households earn one-half of the income, and the other half of the households earn the other half. if the government succeeds in decreasing income inequality, then the gini coefficient will decrease. if the gini coefficient is large, then the space between the lorenz curve and the line of perfect income equality will be small.

Answers

If the government succeeds in decreasing the income inequality, then the gini coefficient will decrease.

What is Gini coefficient?

The Gini coefficient is a measure of statistical dispersion that is used to measure the inequality of a distribution. It is most commonly used to measure wealth distribution or income inequality, but can also be used to measure the inequality of any distribution of data. The Gini coefficient ranges from 0 to 1, with 0 indicating perfect equality and 1 indicating perfect inequality.

Explain the term Income inequality?

Income inequality is the unequal distribution of income and wealth among individuals or groups within a society. It is a significant issue in many countries around the world, with the gap between the rich and the poor widening in many countries. Income inequality can be measured in terms of Gini coefficients, which measure the degree of inequality in a society.

Therefore, the true option is Option C.

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Which of the following represents one of the primary components of the value chain?

a.

Outbound logistics

b.

Firm infrastructure

c.

Human resource management

d.

Research and development

e.

Procurement

Answers

One of the key elements of the value chain is outbound logistics. In order to gain a competitive edge, the goal of the value chain is to provide the most value at the lowest cost.

What are a value chain's five main tasks?

The value chain framework consists of four secondary activities, procurement and purchasing, human resource management, technological development, and business infrastructure, in addition to five primary activities: inbound operations, operations, outbound logistics, marketing and sales, and service.

Why is a value chain called that?

The process by which companies acquire raw materials, add value to them through production, manufacturing, and other processes to produce a finished product, and then sell the finished product to customers is referred to as the value chain.

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Which of the following contributes most in GDP of India Mcq? A, Primary sector B. Second Sector C. Service Sector D. None of the above

Answers

(C) The tertiary sector (service sector) contributes most to the GDP of India.

What is the tertiary sector (service sector)?

The third of the three economic sectors in the three-sector model is the tertiary sector of the economy, commonly referred to as the service sector (also known as the economic cycle).

The primary sector (raw materials) and the secondary sector are the others (manufacturing).

The supply of services rather than finished goods makes up the tertiary sector.

Attention, counsel, access, experience, and affective labor are examples of services, which are also referred to as "intangible goods."

Long considered a service, the creation of information is now attributed by some economists to a fourth sector known as the quaternary sector.

The tertiary sector, which is concerned with the provision of services, makes up about 53% of the GDP.

Therefore, (C) the tertiary sector (service sector) contributes most in the GDP of India.

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Which of the following is the best example of a well stated strategic objective?

a. Be among the top 5 companies in the industry with the highest market share

b.within 2 yeas achieve cost per unit sold that are 10% below the current industry average of $4.75 per unit

c.increase profits by more than the industry average

d.identify as many as 150 potential new foriegn suppliers within 12 months

e.Improve employee job satisfaction by 5% within 12 months

Answers

Option B is correct. The best example of a well stated strategic objective is to within 2 yeas achieve cost per unit sold that are 10% below the current industry average of $4.75 per unit

A company strategy represents managerial commitment to undertake one set of actions rather than another in an effort to compete successfully and achieve good performance outcomes. A winning strategy is one that assists the organization with accomplishing a supportable upper hand, brings about better organization execution, and fits what is happening.

A company's strategy evolves from one version to the next as managers leave out of date or ineffectual system components, settle upon a bunch of proactive technique components, and afterward as new conditions unfurl make versatile key changes, which lead to receptive procedure components.

A company that pursues and achieves strategic objectives is habitually better ready to work on its future monetary execution (in light of the more grounded market standing and more noteworthy cutthroat imperativeness that stream from the accomplishment of very much picked vital targets.

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ebook firms hl and ll are identical except for their financial leverage ratios and the interest rates they pay on debt. each has $11 million in invested capital, has $1.65 million of ebit, and is in the 25% federal-plus-state tax bracket. both firms are small with average sales of $25 million or less during the past 3 years, so both are exempt from the interest deduction limitation. firm hl, however, has a debt-to-capital ratio of 60% and pays 12% interest on its debt, whereas ll has a 25% debt-to-capital ratio and pays only 9% interest on its debt. neither firm uses preferred stock in its capital structure. calculate the return on invested capital (roic) for each firm. round your answers to two decimal places. roic for firm ll: % roic for firm hl: % calculate the return on equity (roe) for each firm. round your answers to two decimal places.

Answers

The ROIC for firm HL is 12% and the ROIC for firm LL is also 12%.

How do you calculate the return of equity?

The formula for determining ROIC is posted below.

{ROIC} = {{EBIT}(1-T)}{{Total invested capital}}

ROIC= Total invested capital EBIT(1−T)

We are aware that both businesses have a 40% tax rate, $4 million in EBIT, and $20 million in total invested capital. The ROIC and the return of equity will be the same for both businesses because these factors are all the same.

ROIC= {$4,000,000(1-0.40)}{$20,000,000}

$20,000,000

$4,000,000(1−0.40)

​ROIC= {$2,400,000}{$20,000,000}

$20,000,000

$2,400,000

​ROIC= .12 or 12%

The ROIC is 12% for both firms

The ROIC for firm HL is 12% and the ROIC for firm LL is also 12%.

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pleasantville is a city of 40,000 people. the crude death rate in pleasantville is very high compared to its age-adjusted rate. what is the most likely cause for this?

Answers

The rate is commonly expressed in terms of 1,000 humans, for example, a crude death charge of 9. 5according to 1000 human beings in a population of 1 million could imply 9500 deaths in step with 12 months inside the whole population.

The crude death charge is the full wide variety of deaths to residents in a detailed geographic vicinity (united states, nation, county, etc.) divided by using the whole populace for the identical geographic location (for a distinctive term, typically a calendar year) and extended by way of 100,000.

However, comparisons of crude death may be misleading because of confounding if the populations being in comparison have exceptional distributions of other determinants of sickness, together with age which has a critical effect on many health effects, along with mortality, coronary heart disorder, most cancers, infectious diseases, and harm.

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suppose you invest $1,000 in a mutual fund. if the annual return of that fund is 5%, how many years will it take before your fund is worth $2,000?

Answers

It will take 14 years before your fund is worth $2,000.

funding is the act of imparting assets, normally in shape of cash, or different values such as attempt or time, for a task, a person, a commercial enterprise, or every other private or public institution. The technique of soliciting and accumulating finances is known as fundraising. An funding fund, often referred to as a fund. Hedge fund, an funding car open best to buyers who are certified in a few manner. Mutual fund, a particular form of investment fund which swimming pools cash from many traders to buy securities. Sovereign wealth fund, a state-owned funding fund. Fund accounting, nonprofit companies and by means of the public quarter.

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When resources are constrained and products use different inputs, the company should produce the product with the:
Multiple choice question.
highest contribution margin per "input unit"
lowest variable cost per input unit
highest sales price
highest contribution margin

Answers

The corporation should manufacture the good with the highest contribution margin per "input unit" when resources are limited and different products require different inputs.

What is the difference between contribution margin and gross margin?

The distinction between the gross margin and the cost of goods sold is one area that frequently causes misunderstandings (GM).

Gross Margin: This metric, which is created by dividing gross profit by sales, assesses the amount of income that remains after all direct expenses, such as cost of goods sold (COGS), have been deducted.

Contribution Margin (CM): The CM calculation's goal is similar to that of the CM, but it can be more thoroughly examined in terms of profitability for each individual item or product.

The gross margin number, on the other hand, measures profitability and includes all of the company's services and products.

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a company had $14 missing from petty cash that was not accounted for by petty cash receipts. the correct procedure is to:

Answers

The correct procedure would be to debit cash over and short for the difference of $43.

A debit is an accounting transaction that lowers liabilities or increases assets.All debits are made on the left side of the ledger in double-entry bookkeeping, and these debits must be balanced by corresponding credits on the right side of the ledger.A balance sheet credits negative balances and debits positive values for assets and expenses.In a typical journal entry, all debits are listed on the top lines, followed by all credits on the line below the debits. A debit is on the left side of the chart when using T-accounts, and a credit is on the right. The trial balance and adjusted trial balance both use debits and credits to make sure that all entries balance.

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Which of the following is correct when a corporation uses cash to pay for an expense?

A. Owners' equity will increase.

B. Total assets will decrease.

C. Liabilities will increase.

D. Retained earnings will increase.

Answers

The correct option is B.  A corporation uses cash to pay for an expense when its Total assets will decrease.

When an expense is recorded and paid for in cash, the cash (asset) account decreases, while the amount of the expense decreases the retained earnings account. As a result, there are offsetting declines in the balance sheet's asset and equity sections. When a company receives cash from a customer before providing services, it records it in a liability account called deferred revenue. Revenue cannot be recorded on the income statement until the services are rendered.

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​______ is an example of U.S. consumption expenditure.


Your purchase of a flight on American Airlines
B.
The payment of unemployment benefits paid to households
C.
Tuition paid by a student from Hong Kong to a university in Virginia
D.
The addition of flowers to a florist's inventory in anticipation of Valentine's Day

Answers

The correct response is A. Your purchase on American Airlines flight is an example of U.S. consumption expenditure. the total of the cost of one or more goods or services multiplied by the cost per item bought.

Spending money on something or having money spent on something is referred to as an expenditure. An expense recognizes the consumption of a cost, but an expenditure indicates the disbursement of funds. This is the primary distinction between an expense and an expenditure. Typically, an expense is acknowledged when a connected transaction is made or when the object in question is no longer useful. The term "cash expenditures" refers to all cash payments made during a given fiscal year (aside from distributions to partners), including, but not limited to, operating costs and principal and interest payments on all partnership debt (aside from principal and interest payments on any subordinated debt).

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the vp of product development led a of specialists in sales and marketing, manufacturing, and research and development to figure out how to bring new products to market faster in the united states.
A. Global Team
B. Cross-Function Team
C. Function Team
D. Self-Managed Team

Answers

The vice president of product development headed a cross-functional team of experts in manufacturing, sales and marketing, and research and development to determine how to launch new goods more quickly in the US.

What is a cross-functional team?

A cross-functional team, sometimes referred to as an interdisciplinary or multidisciplinary team, is made up of individuals with various functional specialties who are working together to achieve a common objective. Personnel from the departments of finance, marketing, operations, and human resources might be present.

Teams made up of members from multiple organizational areas, such as marketing, product development, quality assurance, sales, and finance, collaborate to accomplish a common objective.

Cross-functional teams are those that find reciprocal benefits in collaborating and working toward a common objective. Examples include marketing and design teams working together, design and engineering teams, sales and customer success teams, and many more.

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Which of the following is NOT a characteristic of an NGO?

A. Educate the general public

B. Encourage consumers to protest

C. File cases in consumer courts for the purpose of general interest.

D. Profit making

Answers

The answer that best fits the question is (D), which states that making a profit is NOT a trait of an NGO.

NGO—what exactly do you mean?

NGOs were originally referred to as such in Section 28 of the 1945 Charter of the recently established United Nations. While NGOs do not have a set or official definition, they are typically thought of as nonprofit organizations that are unaffected by political control (although they may receive government funding).

What is the primary goal of an NGO?

The role of an NGO is to engage on all advocacy, social, environmental, and human rights issues. They actively work to advance and enhance the political and cultural climate of the society.

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when an individual parcel of land is given approval to deviate from a zoning regulation, it is called:

Answers

When an individual parcel of land is given approval to deviate from a zoning regulation is called Variance.

variances grant the property owner permission to use the land for means that usually are restricted by its zoning regulations. we need variance in Commercial activities in a residential district, industrial activities in a commercial region and in Multiple dwellings in a district zoned for single family homes. the use variance allows property owners to use the property in ways contrary to the neighborhood’s nature, there is a high threshold for obtaining this variance. The owner has to prove that the existing zoning conditions created a hardship for them.

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a buyer of a futures contract benefits if the price of the commodity increases.

Answers

A buyer of a futures contract benefits if the price of the commodity increases is a true statement.

How do futures contracts impact the cost?

Futures prices decline as more contracts become available for trading as a result of arbitrageurs shorting futures contracts. The trader makes money when the proceeds from shorting the contracts exceed the money used to cover the position by purchasing the underlying asset.

The current cash cost of a commodity for immediate purchase and delivery is known as the spot price. The futures price secures the cost of the commodity that will typically be supplied several months from now at a different time than the present. With commodity futures, the buyer commits to buy or sell a specific amount of a physical commodity at a given price on a specific future date.

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kate sells flowers and can make 40 bouquets per day. she is considering hiring her husband to work for her. they can make 75 bouquets per day working together. what is the husband's marginal product? a. 15 bouquets b. 35 bouquets c. 55 bouquets d. 22.5 bouquets

Answers

Kate makes 40 bouquets a day and sells flowers. She's thinking of making her hubby a worker for her. 75 bouquets can be made by them, 15 bouquets.

What does the husband do?

In a marriage, a husband's main responsibility is to enjoy his life purely and selflessly. The husband is frequently viewed as the family's rock and a wife's best friend through trying times.

Briefing

it is given that kate alone can arrange 20 bouquets per day

and it is also given that when Kate and his husband William work together then they arrange 35 bouquets

we have to find the William marginal product

if both together arrange 35 bouquets and Kate alone arrange 20 bouquets it means that 35-20=15 bouquets are arranged by William alone

so the marginal product of William is 35-20=15 so the option will be the correct answer

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in pure competition, to calculate economic profit, we first calculate the difference between and average total cost and then multiply it by output. (type only one word in blank.)

Answers

In a market where there is only competition, economic profit is determined by subtracting the average total cost from the average output revenue.

What is the standard formula for revenue?

How do you determine the profit per unit? By dividing sales income by the total number of units sold, one can get revenue per unit. Average Revenue Every Unit is calculated as Net Income / Total Sold.

What are marginal revenue and average revenue?

Definition. The money that an organization can obtain by selling a single unit of their good or service is known as the "Average Revenue." The income a business can obtain by selling an extra unit of its goods or services is known as marginal revenue.

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what is an activity or material intended to induce salespeople to sell a product or consumers to buy it?

Answers

Sales promotion is an activity or material intended to induce salespeople to sell a product or consumers to buy it.

Sales promotions: what are they?

Increasing sales, fostering client loyalty, or raising brand exposure are all goals of a sales promotion. For customers to purchase your goods or interact with your brand, you typically need to give a discount or some other kind of incentive.

Why is sales promotion crucial?

A promotion's ability to differentiate a company from its rivals is its main benefit. Without competition, there would never be a need for any business to run promotions. Customers will continue to do business with you only if you continue to outperform your rivals.

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barclay, inc. sold equipment that originally cost $30,000 four years ago for $8,000 cash. the equipment had accumulated depreciation totaling $24,000. how will this transaction be listed in the investing activities section of barclay's statement of cash flows?

Answers

This transaction is listed as a Cash inflow of $8,000 in the investing activities section of Barclay's statement of cash flows.

Stability Sheet: coins are reduced by using the quantity of the purchase, and PP&E is accelerated through the quantity of the purchase. coins float announcement: the purchase of the system seems as a cash outflow below coins floats from investing activities.

Many accountants choose the oblique approach as it is simple to prepare the coins to drift announcement using records from the opposite two common financial statements, the profits declaration, and the stability sheet.

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Content and process are perspectives onO culture. O behaviors. O attitudes. O motivation Margot is a third grade teacher who spends time each afternoon tutoring students who need a little extra guidance. Margot also volunteers to read to the residents at a nursing home. Margot seems to seek rewards O extrinsic O valence O affiliationO intrinsic

Answers

Quite possibly of the most major problem confronting schools today is tracking down suitable ways of supporting educators who are as yet staggering from the pressure added to their positions by the Coronavirus pandemic.

There are several causes of this issue. First, despite receiving funds from the CARES Act and ESSER I and II, numerous school districts are still attempting to use those funds in a manner that will provide teachers and students with genuine and long-lasting support. In addition, there is a high rate of teacher turnover, which indicates that there are frequently insufficient experienced teachers to provide outside-of-the-classroom interventions for students—interventions that are essential for reducing teacher stress themselves. Students' academic performance and social-emotional development can also be harmed by a lack of support.Most importantly, there are now more students in public schools than ever before who require individualized learning support. Teachers who strive to make lessons accessible to all students face additional challenges as a result. In any case, there will be understudies who need additional help.

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the management of lee corporation is considering a project that would require an investment of $400,000 and would last for 8 years. the annual net operating income from the project would be $140,000, which includes depreciation of $43,000. the salvage value of the project's assets at the end of the project would be $56,000. the payback period of the project is closest to: a. 2.2 years b. 2.9 years c. 3.5 years d. 4.1 years

Answers

The payback period of the project is closest to 2.9 years. This can be calculated using the following formula:

Payback Period = Investment / Annual Net Operating Income

Payback Period = 400,000 / (140,000 - 43,000)

Payback Period = 2.86 years (or 2.9 years rounded up)

Payback period is defined as the number of years required to recover the original cash investment. In other words, it is the period of time at the end of which a machine, facility, or other investment has produced sufficient net revenue to recover its investment costs.

Once the cumulative cash flow is positive—the payback year—the cost of the investment is divided by the annual cash flow to get the payback period. Typically, the payback period is indicated in years.

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Which of the following correctly explains the effect of a variable on the labor demand​ curve?

A. If the wage​ increases, then the labor demand curve will shift to the right.

B. If the quantities of other inputs increase​, then the labor demand curve will shift to the left.

C. If the price of the product increases​, then we will move down the labor demand curve.

D. If human capital increases, then the labor demand curve will shift to the right.

E. If the number of firms in the market increases, then we will move up the labor demand curve.

Answers

The labor demand curve will move to the right to reflect the effect of a variable if human capital rises.

An employer faces a downward sloping demand curve for output if it does not sell its produce in a perfectly competitive industry. This implies that the firm must cut its price in order to sell more of its output. This is true regardless of whether the company is a monopoly, oligopoly, or monopolistically competitive. In this instance, the marginal revenue—rather than the price—is the value of each additional unit of output sold. This implies that the marginal revenue, rather than the price, determines the worth of a worker's product. As a result, the marginal revenue product, often known as the marginal revenue product, is the demand for labor.

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sybermart corporation has just distributed $0.25 dividend. the company is growing very fast and expected to grow fast few more years. the expected growth rates for the following four years are 150, 900, 60, 25, percent, respectively. after that the growth will slow down and will stay at 4 percent for the foreseeable future. the required rate of return is 12 percent. based on these assumptions, what is the fair price of this stock? calculate the price using dividend discount model.

Answers

The fair price of the stock using the dividend discount model is $5.38.

Calculate the annual dividend per share:

Dividend per share = $0.25

Calculate the dividend growth rate for each year:

Year 1: 150% of $0.25 = $0.375

Year 2: 900% of $0.25 = $2.25

Year 3: 60% of $2.25 = $1.35

Year 4: 25% of $1.35 = $0.338

Calculate the present value of the dividends:

Present Value of Dividends = D1 / (1 + r) + D2 / (1 + r)2 + D3 / (1 + r)3 + D4 / (1 + r)4

Where,

D1 = Dividend per share in Year 1

D2 = Dividend per share in Year 2

D3 = Dividend per share in Year 3

D4 = Dividend per share in Year 4

r = Required rate of return

Present Value of Dividends = $0.25 / (1 + 0.12) + $2.25 / (1 + 0.12)2 + $1.35 / (1 + 0.12)3 + $0.338 / (1 + 0.12)4

Present Value of Dividends = $2.67

Calculate the present value of the growth:

Present Value of Growth = (D5 / (r - g)) / (1 + r)4

Where,

D5 = Dividend per share in Year 5

g = Growth rate

Present Value of Growth = ($0.338 / (0.12 - 0.04)) / (1 + 0.12)4

Present Value of Growth = $2.71

Calculate the fair price of the stock:

Fair Price of Stock = Present Value of Dividends + Present Value of Growth

Fair Price of Stock = $2.67 + $2.71

Fair Price of Stock = $5.38

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Which of the following is true of cost-benefit analysis?

It evaluates the design of data structure and content.

It is a review of how soon the system of software application will become outdated.

It shows the flow of data between departments.

It compares the expense of completing a task with and without an automated system.

It evaluates the frequency and criticality of automating specific tasks within a functional area.

Answers

The true statement about the cost-benefit analysis is (D) "it compares the expenses associated with carrying out an operation manually versus automatically."

What do we mean by a cost-benefit analysis?

The cost-benefit analysis can be used to assess the costs and benefits of interventions when both are expressed in monetary terms.

The idea icon Cost-benefit analyses (CBA) and CEA consider health outcomes.

It contrasts how much it costs to complete a task manually versus automatically.

The general steps in a cost-benefit analysis are to create the analysis plan, identify costs, identify benefits, analyze both costs and benefits, and then come to a conclusion.

These phases can change depending on the methodology.

There are intrinsic costs and benefits to conducting a cost-benefit analysis.

The time required to thoroughly analyze and calculate all possible rewards and expenses is included in the costs.

Therefore, the true statement about the cost-benefit analysis is (D) "it compares the expenses associated with carrying out an operation manually versus automatically."

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Correct question:
Which of the following is true of cost-benefit analysis?

a. It evaluates the design of data structure and content.

b. It is a review of how soon the system of software applications will become outdated.

c. It shows the flow of data between departments.

d. It compares the expense of completing a task with and without an automated system.

e. It evaluates the frequency and criticality of automating specific tasks within a functional area.

which of the following is a benefit of search engine marketing (sem)? a reach out to potential customers actively looking for your product or service b create different types of ad formats to show to potential customers c target people based on their interests and habits d sem is a lot cheaper than any other advertising medium

Answers

A SEM is Reaching out to potential customers actively looking for your product or service.

search engine marketing (SEM)

If you've ever seen advertising at the top or bottom of search engines, you're already familiar with SEM. It is a sort of marketing in which a URL or ad is placed on the SERP to improve traffic and visibility for a website.

SEM frequently incorporates sponsored search, in which businesses pay to have their adverts appear at the very top of the results page. When your advertising appear in these optimum, highly visible areas, your company can get an advantage over the competition. Furthermore, because most searchers only click on the top few results, these premium ad spaces have a visual edge in capturing the attention of your potential clients.

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what is the effect of recording a sale of inventory under the perpetual inventory system on the financial statements? (assume that the sales price is higher than the cost of inventory)

Answers

Stockholders' equity increases, Total assets increase and Net income increases are the effect of recording a sale of inventory under the perpetual inventory system on the financial statement.

Financial statements are documents that describe a enterprise's operations and financial performance. Government entities, accounting companies, and other organizations frequently audit financial accounts to assure their accuracy and for tax, financing, or investment purposes. Financial statements goal is to give users of all types of information that they can use to make decisions about the economy about an enterprise's financial situation, performance, and changes in financial position.

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Which of the following contributes most in gross domestic product GDP of India Mcq? A. Primary sector/agricultur & Allied Sector B. Secondary Sector/Industry Sector C. Tertiary sector/services sector D. Both secondary and tertiary

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(C) The tertiary sector (service sector) makes up the largest portion of India's GDP.

What is the tertiary sector (service sector)?

The tertiary of the economy, sometimes known as the service sector, is the third of the three sectors of the economy in the 3 models (also known as the economic cycle).

The other two are the secondary sector and the primary sector (raw materials) (manufacturing).

The tertiary sector consists of the provision of services rather than finished commodities.

Services are frequently referred to as "intangible products," and examples include attention, counsel, access, experience, and affective labor.

Although it was once thought of as a service, some economists now believe that the quaternary sector, a fourth one, is responsible for the generation of information.

About 53% of the GDP is made up of the tertiary sector, which is involved in the provision of services.

Therefore, (C) the tertiary sector (service sector) makes up the largest portion of India's GDP.

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what is the maximum loss for an individual who purchases an option? qid: 3569871 mark for review a the strike price times 100. b the difference between the market price of the underlying security and the strike price. c 100% of the premium. d an unlimited amount.

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Opting for option C is the best course of action because a put writer will profit most if the market price rises and the put expires "out of the money." In this case, the put writer keeps the premium amount.

What is the maximum profit a call option buyer can achieve?

As a call buyer, your potential profit is boundless because there is no limit on price rise. What choices are there for a call buyer? > to buy the underlying when exercising the option would be profitable.

Exactly how is the strike price determined?

The stock will be sold for the price determined by the seller as the strike price on the day the contract expires.

According to the given information

Opting for option C is the best course of action because a put writer will profit most if the market price rises and the put expires "out of the money." In this case, the put writer keeps the premium amount.

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in 1971, what organization did several professional advertising associations, in conjunction with the council of better business bureaus, establish to negotiate voluntary withdrawal of national advertising that professionals consider deceptive?

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It established the Federal Trade Commission, tasked with safeguarding the public against misleading advertising tactics and regulating free and fair competition in interstate commerce.

Which of the following federal authorities regulates deceptive advertising techniques with the greatest influence over marketers?

The Federal Trade Commission (FTC) was established by the Federal Trade Commission Act (1914), which also forbade antitrust agreements and other unfair business activities. The FTC monitors advertising, marketing, and consumer credit practices.

What are the two principal governmental organizations that oversee the marketing sector?

To find instances of fraudulent or deceptive advertising, many groups keep an eye on the advertising sector. The FTC and the FCC are two examples of federal organizations that carry out the government's enforcement of content laws.

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