Subtract the quantity change from the change in the manufacturing expenses. marginal cost is the volume of production that changes, either more or less.
What does the marginal cost equation mean?Cost change times marginal cost equals (Change in quantity)It is the volume of production that changes, either more or less. Depending on whether production rises or falls, there will be a variation in cost. The marginal cost formula, which is crucial to production, is now brought to a close in this essay.A unit's marginal cost, as used in economics, is the difference in total production costs that results from creating or producing an additional unit. Divide the change in production costs by the change in quantity to obtain the marginal cost.To learn more about Marginal cost refer to:
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if a company chooses to keep its vision customer-oriented rather than product-oriented, what will be the implication of that decision?
If a company chooses to keep its vision customer-oriented, it comes to adapting to changing environments, the company will be more adaptable.
What exactly is the vision statement?
A vision statement describes the company's purpose, what it strives for, and what it hopes to accomplish. Often these vision statement writers find the process rewarding and inspiring. It allows them to express the characteristics that influence the organization's strategy.
A customer-oriented vision defines a company by its own ability to meet the needs of its customers. It identifies a critical need but does not specify how it will be met.
Therefore, a customer-oriented vision adapts to changing environments.
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shea company purchases equipment for $7,700 for which it estimates a seven-year useful life and a $700 salvage value. if shea uses straight-line depreciation and sells the equipment for $3,500 after four years of use, shea will show a $300 gain on the sale.
The statement that Shea will see a gain of $300 on the sale of the equipment after four years of use, is False.
How to find the gain?To find the gain on an asset, the formula is :
= Selling price of the asset - Net book value
The net book value can only be found after the depreciation is found. The depreciation on the equipment purchased by Shea Company, given then straight - line depreciation method, is:
= ( Purchase price - Salvage value ) / Number of years of use
= ( 7, 700 - 700 ) / 7
= 7, 000 / 7
= $1, 000
The net book value on the 4 th year is:
= ( 7, 700 - ( 1, 000 x 4))
= $3, 700
The gain on the sale is:
= 3, 500 - 3, 700
= - $200
Shea Company would make a loss of $ 200.
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in the context of organizational decisions at the tactical management level, decisions are often used in resolving conflicts between two divisions.
In the context of organizational decisions at the tactical management level, Unstructured decisions are often used in resolving conflicts between two divisions.
What is unstructured decision with example?Unstructured decisions require the decision-maker to exercise judgment, assessment, and understanding of the problem definition.Contrarily, structured decisions can be handled efficiently by following a set process because they are repeated and routine.An unstructured choice can involve deciding how to handle a labor dispute or how to establish guidelines for the use of new technologies.A semi-structured choice is one in which the majority of the necessary criteria are known, but the decision may still be impacted by the decision-experience maker's and other external influences.By using a relational database, structured data is arranged.However, semi-structured data is organized using XML/RDF in some cases.To learn more about organizational decisions refer
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which of the following sentences should be rewritten to be more appropriately fact-based and precise?
The company's products are usually well-liked, and if it invests in this project, profits will surely rise.
Do you mean accurate by precise?Scientists think of inaccuracy in terms of precision and accuracy. How accurately a measurement reflects how close it is to the actual or acceptable value. Precision is the degree to which observations of an identical thing agree with one another. Accuracy is not necessary for precision.
What, for instance, does precision mean?Precision seems to be a number that expresses that value of the quantity and indicates how many informational digits are there. For instance, 3.14 is an approximation of pi that is reasonable and accurate. However, the precision digit, which is 3.199, is lower than the precise digit.
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Lucas is planning a distribution strategy for his business. He is considering using direct marketing, direct selling, and automatic vending, which are all examples of ____ retailing.
nonstore
Lucas is planning a distribution strategy for his business. He is considering using direct marketing, direct selling, and automatic vending, which are all examples of nonstore retailing.
Location, the least bendy of the strategic retailing issues, determines the buying and selling region from which a shop attracts its clients and consequently need to be evaluated carefully. Examples of constrained offerings include mail-order wholesalers, rack jobbers, truck wholesalers, and drop shippers. Drop shippers do now no longer participate in bodily coping with merchandise considering they take orders online.
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if a business sells 75 units per week and has 525 units of inventory, then the business has , fill in the blank, days of inventory?
If a business sells 75 units per week and has 525 units of inventory, then the business has 49 days of inventory.
Calculation:
No. of units sold per week = 75
Total no units in inventory = 525
Weeks for which inventory is available = 525/7 =75
No. of days in 7 weeks = 7*7 = 49 days
Both the natural resources used in manufacturing and indeed the finished commodities that are offered for sale are part of the definition of inventory. One of a company's most important assets is its stock because it is one of the main sources of generating revenue and, therefore, a source of profits again for equity assets. There are three distinct types of inventory: finished commodities, work-in-progress, and raw materials. On the company's balance sheet, it is listed as a current asset.
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5. describe how a self-regulating economy moves out of a recessionary gap. what is the implication of believing an economy is self-regulating?
At point 1, the economy is experiencing a recessionary gap. As a result of the labor market surplus, wages decline and the SRAS curve moves to the right. At point 2, the economy is in balance at the natural level of Real GDP.
When a nation's real GDP is lower than its GDP at full employment, there is a recessionary gap, also known as a deflationary gap.
When real wages reach equilibrium and the amount of labor required and supplied are equal, recessionary gaps close.
A boost in aggregate demand can, if the economy is self-regulating, raise prices and Real GDP in the short term, but the only effect over the long run is a rise in prices.
In other words, an increase in aggregate demand over the long term will only result in greater prices.
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What questions should you ask before opening a checking account?.
What are the bank's fees?
Where are the bank's ATMs? should I ask before opening a checking account.
A legitimate ID, typically one issued by the government; certain banks may want more than one kind of identification. a Taxpayer Identification Number (TIN) or Social Security number. Some banks could have a minimum amount that you need to deposit, be it cash or a check, to start your balance.
a valid photo ID that has been issued by the government, like a passport or driver's license.
Other fundamental details include your phone number, Social Security number, or Taxpayer Identification Number.
Some banks may need an upfront deposit.
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How do nations benefit from international trade ?.
Trade fosters economic expansion, productivity, technical advancement, and—most importantly—the welfare of consumers are benefit from international trade.
What are the benefits of international development?Countries can get commodities and services that would not otherwise be accessible locally through international commerce, expanding their markets in the process. The market is more competitive as a result of global commerce. In the end, this leads to more competitive pricing and sends a less expensive product to the customer.Trade fosters economic expansion, productivity, technical advancement, and—most importantly—the welfare of consumers. Trade notably helps middle- and lower-income households by bringing down prices and expanding the product variety accessible to consumers.To learn more about international trade refer,
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a salesperson has a history of success, but currently lacks motivation to perform well in his job. in the context of finding solutions to performance problems, what is the right way to deal with this situation?
Here units are clustered around a section on a rating scale. The rater is compelled to distribute the workers on all points on the dimensions. it's assumed that the performance is conformed to a statistical distribution.
Spend some time showing wisdom on tasks that align with goals. Organize your notes, inbox, and workspaces for accumulated focus, motivation, and time management. Take breaks throughout the day to avoid burnout. establish motivators like tasks, goals, or colleagues.
With an important incident appraisal, the manager records samples of the employee's effective and ineffective behavior throughout the fundamental quantity between evaluations, that is within the activity class.
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question 6 a data analyst creates a dashboard in tableau to share with stakeholders. they want to save stakeholders time and direct them to the most important data points. to achieve these goals, they can pre-filter the dashboard. 1 point true false
A data analyst creates a dashboard in tableau to share with stakeholders. they want to save stakeholders time and direct them to the most important data points. to achieve these goals, they can pre-filter the dashboard. This statement is True.
What is a data analyst?data analysts are the hidden heroes of many important industries, using their abilities to not only keep businesses afloat but also to develop new strategies for making the most use of people, resources, and time. People who are looking ahead understand how crucial and commonplace this knowledge is only growing. Perhaps you've been assessing your aptitude for and interest in the duties of a data analyst.
In general, a data analyst will take data, arrange it, and use it to draw inferences that are useful. According to Stephanie Pham, an analyst for Porter Novelli, "Data analysts' work differs depending on the sort of data that they're dealing with—for example, sales, social media, inventory, etc.—as well as the unique client project."
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The cost system best suited to industries that manufacture a large number of identical units of commodities on a continuous basis is a. process b. departmental c. first-in, first-out d. job order
The cost system best suited to industries that manufacture a large number of identical units of commodities on a continuous basis is a Process.
Process costing is an accounting technique generally employed by businesses that mass manufacture identical or extremely comparable goods or output units. It is typical in industrial sectors where the production costs of each unit of output are very comparable and it is not practical to track expenses for each item separately throughout the production process.
Companies use process costing to calculate item cost by tracking the cost of each stage in the manufacturing process rather than tracking expenses for each individual item. They multiply the overall cost by the number of products after adding up the costs of each stage in the process. The cost per unit is what this is termed.
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true or false? in monitoring advertising, the media effectiveness ratio is a reflection of the number of people aware of the product or service in the total population.
The given statement is True- means in monitoring advertising, the media effectiveness ratio is a reflection of the number of people aware of the product or service in the total population.
A product or service's customers can be reached through advertising. According to the Advertising Association of the UK, advertisements are messages that are paid for by those who send them and are meant to inform or persuade people who receive them.
Even though some people may not be aware of it, advertising is always around. Advertising in today's society uses all media available to spread its message. This is accomplished by the use of many media, including television, print (newspapers, magazines, journals, etc.), radio, press, the internet, direct marketing, billboards, mailers, competitions, sponsorships, posters, outfits, events, colors, sounds, images, and even people (endorsements).
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which of the following would be classified as part of property, plant, and equipment on the balance sheet? group of answer choices accounts receivable mortgage payable office supplies accumulated depreciation
The following classified as part of property, plant, and equipment on the balance sheet is office supplies.
The assets and liabilities of a firm are described in detail on a balance sheet, which is a financial statement. One of the three essential financial statements—the other two being the income statement and cash flow statement—used to assess a company's performance is the balance sheet.
Because it updates you and other stakeholders on your financial situation, the balance sheet is extremely crucial. You can make better management choices by keeping this information current. Additionally, it might enhance your ability to borrow money and general financial wellness.
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the advantages of using the allowance method to account for bad debts include which of the following? (check all that apply.)
Requires no accounting estimates
Matches expenses with related sales
Reports accounts receivable balance at net realizable value
The advantages of using the allowance method to account for bad debts includes:
B. Matches expenses with related salesC. Reports accounts receivable balance at net realizable value.What is the allowance method for bad debts?In accounting, the allowance method is a method that involves setting aside a reserve for the bad debts that are expected in the future; the reserve here is based on a percentage of the sales generated in a reporting period which are possibly adjusted for the risk associated with certain customers.
In other word, its matches the estimated expenses or losses from uncollectible accounts receivables against the sales.
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according to the cdc, what percentage of adults are more likely to respond to physical activity marketing?
According to the cdc, 75 % of adults are more likely to respond to physical activity marketing.
Marketing is the procedure of exploring, developing, and delivering price to fulfill the needs of a target market in terms of goods and services; doubtlessly such as choice of a audience;
Marketing is the process of getting people interested by your organisation's product or service. This occurs through marketplace research, analysis, and information your best consumer's interests. marketing pertains to all aspects of a business, which includes product development, distribution techniques, income, and advertising and marketing.
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Suppose university officials felt the price of football tickets at your school are too expensive and decide to limit the price the athletic department can charge for a ticket to a single game. What will result from this decision? Select all that apply. a. The quality of facilities will decrease. b. An abundance of cheap tickets will be available online. c. A shortage of tickets will exist. d. The football team will offer more tickets to the game.
Sup-pose university officials felt the price of foot-ball tickets at your school are too expen-sive and decide to limit the price the athletic depart-ment can charge for a ticket to a single game.
The result from this deci-sion would be a. The quality of facilities will decrease. and c. A shortage of tickets will exist.
What is a shortage?A shortage is when the quan-tity demanded of a product exceeds the quan-tity supplied. This usually occurs when the price of the go-od is set below equilibrium price. When the tic-ket price is limited, the profit made per ga-me reduces. As a result, it is expec-ted that the num-ber of tickets offer-ed would dec-line. This would lead to a short-age.
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Which famous chain has exactly one remaining location? circuit city blockbuster borders sports authority.
When it first opened its doors in 1985, Blockbuster had more than 9,000 outlets across the country. However, when companies like Netflix and Redbox started providing on-demand digital services, the company's economic model quickly became old.
In 2010, Blockbuster filed for bankruptcy, and soon after, it started closing its doors, despite several franchise sites trying to stay open. In Bend, Oregon, there is currently just one remaining Blockbuster. The shop, which sells "Last Blockbuster on the Planet" apparel like caps, t-shirts, sweatshirts, and novelty mugs, has become a well-liked tourist attraction.
what is a franchise?
A company may franchise its goods and brand name to expand its market share or geographic reach at a minimal cost. An alliance between a franchisor and a franchisee is known as a franchise. The original company is the franchisor. It offers to license the use of its name and concept. The franchisee purchases the right to use an established business model and trademark to market the franchisor's products or services.
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within the information search step of the consumer buying decision process, what two primary aspects exist?
Internal search and external search.
There are five fundamental steps in the decision-making process for consumers. Consumers use this technique to weigh their options before making a purchase.
Problem identification, information search, alternative assessment, buy decision, and post-purchase evaluation are the five steps.
Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.
Consumers once more rely on internal and external considerations, as well as previous contacts with a product or brand, both favorable and unfavorable, while investigating their options.
They may peruse possibilities in person or check online sources or customer reviews during the information stage.
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given below are some of the basic parameters corresponding to a product provided to customers. Which of the following qualify as meaningful service to the customers (check all that apply)the right timethe right systemthe right amountthe right conditionthe right balance
The following qualify as meaningful service to the customers is the right time, the right amount, and the right condition.
One who purchases goods or services from another company is referred to as a client. Because they bring in money, customers are important. Organizations would cease to exist without them.
A need that drives a client to buy a good or service is known as a customer need. The final aspect influencing which solution the client chooses to purchase is the need, which can be known (i.e., the consumer can express it verbally) or unknowable. Internal and external clients, distributors, purchasers, influencers, staff members, and others make up this customer selection. It is permissible and usual to refer to them all as "customers."
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the costs of carrying inventory include the costs of . (check all that apply.) multiple select question. delivering goods to customers spoilage theft storage obsolescence
The costs of carrying inventory include the costs of .
theftstoragespoilageobsolescenceWhat is inventory carrying cost?Inventory carrying cost can be defined those cost or expenses incurred by companies so as to store their products or goods in their warehouse.
Most companies tend to incur this type of cost because they will need to stock or keep inventory for a period of time and sometimes this store inventory are at risk of be stolen or damaged.
Therefore the costs of carrying inventory include the costs of, theft, storage, spoilage and obsolescence.
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the laboratory workplace includes many hours of computer use. the suggested time for a break after 30 minutes of computer use is:
The laboratory workplace includes many hours of computer use. The suggested time for a break after 30 minutes of computer use is 1-2 minutes.
There are three modes for resting your laptop or computer, namely Sleep, Hibernate, and Shut Down. However, many don't know when to choose the three modes correctly.
Sleep vs Hibernate vs Shut DownThe following is an explanation of the appropriate Sleep, Hibernate, and Shutdown times according to usage:
SleepWhen you use Sleep mode, your laptop or computer will continue to run but won't consume much power. Electricity is still used in computer memory, but not in other components. When you turn on the laptop, it will immediately connect to work in no time. You don't have to wait for the boot process. Unfortunately, when compared to other modes, Sleep consumes more electricity.
The best time to use Sleep mode: when you want to leave the computer for a very short time.
HibernateWhen using this mode, your most recent work can be stored on the storage drive because RAM directly offloads work into RAM. When you turn on the computer, you can immediately connect to the work you did last, even though it's not as fast as when it's in Sleep mode.
The right time to use Hibernate mode: when you want to leave the computer for a long time, such as sleeping.
Shut DownWith Shut down mode, it means you turn off all programs and operating systems on the laptop. Laptops in Shutdown mode do not consume electricity at all. When you want to use a laptop, you have to start with the boot process and wait until the computer is ready to work again. The boot process may take longer than when you use Hibernate. Because of this, many people prefer Hibernate over Shut Down. However, please note that there are some software that cannot work properly after using Hibernate mode.
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Naveen did his homework. He researched pricing at all the local oil change service centers and decided to price his oll changes at a dollar less than
anywhere else even though he would only make $1 per oil change. What pricing strategy is Naveen using?
Answer: Competitive-Based
Explanation: He is trying to change the pricing model because of the heavy influence of other competitions.
g on january 1, 2024, a company issues bonds. details of the bond issue are provided below. face amount $2,000,000.00 stated rate (annual) 7% number of years until maturity 10 market rate (annual) 8% interest is paid semiannually on june 30 and december 31 of each year.
Participants in the issuance and trading of debt securities are members of the bond market.
What is Bond Market ?In order to finance their businesses, issuers sell bonds and other debt securities on the bond market. Governments, banks, and corporations make up the majority of this market segment.The largest of these issuers is the government, which utilises the bond market to finance the operations of a nation, including social programmes and other necessary costs. Some of the U.S. government's agencies, including Fannie Mae, which sells mortgage-backed securities, are included in the segment.Municipal bonds, also known as "muni" bonds, are issued on a local level by states, cities, special-purpose districts, public utility districts, school districts, publicly-owned airports and seaports, and other government-owned entities who want to raise money for a variety of projects. Municipal bonds are popularly tax-free at the federal level and occasionally also qualify for state- or local-level tax exemptions, which attracts qualified investors who are concerned about paying less in taxes.To Learn more About bond market refer to:
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The company is most likely to call the bonds if the market interest rate decreases to a rate below 8%
What is Bond Market ?In order to finance their businesses, issuers sell bonds and other debt securities on the bond market. Governments, banks, and corporations make up the majority of this market segment.The largest of these issuers is the government, which utilizes the bond market to finance the operations of a nation, including social programmers and other necessary costs. Some of the U.S. government's agencies, including Fannie Mae, which sells mortgage-backed securities, are included in the segment.Municipal bonds, also known as "muni" bonds, are issued on a local level by states, cities, special-purpose districts, public utility districts, school districts, publicly-owned airports and seaports, and other government-owned entities who want to raise money for a variety of projects. Municipal bonds are popularly tax-free at the federal level and occasionally also qualify for state- or local-level tax exemptions, which attracts qualified investors who are concerned about paying less in taxes.The complete question is,
On January 1, Year 1, Greenbriar Corporation issues callable bonds at face amount that pay 8% interest. The company is most likely to call the bonds if the market interest rate:
a) remains constant at 8%
b) increases to a rate above 8%
c) decreases to a rate below 8%
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The spouse's work is not taken into consideration in satisfying the material participation requirement, but the hours worked by a spouse are taken into account when evaluating whether a taxpayer has worked for more than 750 hours in real property trades or businesses during a year.false
The statement "The spouse's work is not taken into consideration in satisfying the material participation requirement, but the hours worked by a spouse are taken into account when evaluating whether a taxpayer has worked for more than 750 hours in real property trades or businesses during a year." is false
What is material participation requirement,?When a taxpayer is active in a business on a regular, continuous, and significant basis, they are considered to have material engagement in the company. If this is the case, the taxpayer might indicate that they had "material involvement" on their Form 1040 by checking the appropriate box.
The total amount of time put in. An individual taxpayer is regarded to have significantly engaged in an activity that produced income if they worked on a regular, continuous, and substantial basis throughout the relevant time period.
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CQ
The spouse's work is not taken into consideration in satisfying the material participation requirement, but the hours worked by a spouse are taken into account when evaluating whether a taxpayer has worked for more than 750 hours in real property trades or businesses during a year
True or False
Ceasar opens a bank account and makes an initial deposit of $800. The banker tells ceasar that he is going to receive an annual rate of 10% compounded continuously on his investment. Find the bank balance assuming ceasar leaves the account untouched for 8 years.
The balance in the account after 8 years is $ 1714.871 (approx). Since, the principal amount, P = $ 800. The annual rate of percentage, r = 10 %. Time, t = 8 years. Hence, the amount in the account after 8 years is if it is untouched:
A=P(1+r/100)^t
=800(1+10/100)^8
=800(1+0.1)^8
=800 (1.01)^8
=800 x 2.1435881
=1714.871048
Therefore the approximate balance of the 8 years will be 1714.871. A minimum deposit or initial deposit is the minimum quantity of cash needed to open an associate account with an establishment, like a bank or securities firm.
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when brokers owe a duty of the highest care and confidentiality to their principals, whose interest they promote even at the cost of some greater benefit to themselves, it is called a(n):
When brokers owe a duty of the highest care and confidentiality to their principals, whose interest they promote even at the cost of some greater benefit to themselves, it is called a(n) a. Fiduciary relationship
In the field of business, a fiduciary relationship can be described as a kind of relationship in which the position of own of the parties is increased to such a level that the other party causes benefit to it even by overlooking its own benefits.
Brokers are people who have to have strong relationships in order to finalize deals in between sellers and buyers. Doing so, they might interest their clients with high care and confidentiality, sometimes overlooking their own benefit in order to benefit the client. Hence, this is a fiduciary relationship.
Although a part of your question is missing, you might be referring to this question:
when brokers owe a duty of the highest care and confidentiality to their principals, whose interest they promote even at the cost of some greater benefit to themselves, it is called a(n):
a. fiduciary relationship
b. trust relationship
c. contractual relationship
d. none of these
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pixie's pizza house, a calendar year corporation, purchased a delivery truck in february for $15,000 (no other assets were purchased that year). how much depreciation will be taken on the truck in the current year if the taxpayer does not elect to use section 179 and does not use bonus depreciation?
The Truck has a 5-year recovery period depreciated under half year convention. In this case, the truck was purchased for $15,000. So 1/5th will be depreciated in the current year. Depreciation would be 15000/5 = $3000. Depreciation would be : $3000
In accountancy, depreciation is a time period that refers to 2 factors of the same idea: first, the actual decrease of truthful fee of an asset, such as the lower in cost of manufacturing facility device every yr as it is used and put on, and 2nd, the allocation in accounting statements of the original price of the assets to durations wherein the property are used (depreciation with the matching principle).
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true or false: employers make tax deposits for employer and employee medicare taxes, employer and employee social security taxes, and the federal income tax withheld from employee earnings.
Employers make tax deposits for employer and employee medicare taxes, employer and employee social security taxes, and the federal income tax withheld from employee earnings, is a true statement.
What is federal income tax?The annual profits of individuals, businesses, and other legal entities are subject to the federal income tax. All forms of compensation, including salaries, gifts of money from employers, business earnings, tips, winnings from gambling, bonuses, and unemployment benefits, are subject to federal income taxes.
Income taxes are levied on several types of income, including wages and salaries, investment income, and others. Payroll taxes, the second-largest source of government income and approximately one-third of all annual receipts, fund Social Security, Medicare, and unemployment insurance payments.
Thus, it is a true statement.
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effective internal control in a small company that has an insufficient number of employees to permit proper division of responsibilities can best be enhanced by
effective internal control in a small company that has an insufficient number of employees to permit proper division of responsibilities can best be enhanced by Direct participation by the owner in key record keeping and control activities of the business.
Which internal control practices are the most effective?Separation of roles, access restrictions, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority are the seven internal control methods.
Because it represents the management's and employees' attitudes about requirements and compliance with internal controls, a company's control environment is thought of as the core of an internal control system.
Internal controls must be established by management. Management must maintain sufficient rules and procedures in order to sustain efficient internal controls. Share these guidelines and policies.
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