in the event of a non-material breach of a contract, the duty to perform is not excused and the non-breaching party must resume performance of the contractual obligations undertaken .its true .
Generally speaking, a non-material violation is less serious than a significant breach. This kind of breach typically relates to a relatively small aspect of the contract. It is a breach that slightly deviates from the original intent of the contract rather than violating the fundamental terms of the agreement. A material breach of a contract is one that results in a significant failure to perform. A non-material violation is when a less significant contractual duty is not satisfactorily completed. In general, there are four different categories of contract violations: anticipatory, real, minor, and material. When one of the parties to the contract fails to fulfill the purpose for which it was made, this is referred to as a material breach. On the other hand, a non-material breach happens when the failure
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when a firm experiences continually declining average total costs, group of answer choices a. society is better served by having one firm supply the product. b. the firm will earn higher profits than if average total costs are increasing. c. the firm is a price taker. d. all of the above are correct.
If the price is less than the average variable cost in the short term, a profit-maximizing firm in a price-taker market will unquestionably discontinue output.
A price-taker is a person or organization that must accept market pricing because it lacks the market share to do it independently. Due to market competition, the majority of producers are also price takers. A business in a price-taker market that seeks to maximize profits would undoubtedly stop producing if the price were to fall below the average variable cost in the short term. Since they all adhere to the same principle of profit maximization, perfect competition, pure monopoly, and monopolistic competition are all comparable to one another. In each of the aforementioned market configurations, businesses set their marginal revenue and marginal cost to equal levels in an effort to maximize profits.
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Choose the response that accurately completes the following sentence. A taxpayer claiming the Premium Tax Credit:A. May be claimed as a dependent on another person's return, as long as they are under 27.B. May have employer-sponsored health care coverage.C. Must have household income for their family size that is less than 150% of the federal poverty level.D. Will receive a refund if the amount of the credit is larger than the tax they owe.
Dependents can include children as well as other family members who depend on another person for financial support.
An individual who can prove they have a dependent could also be able to utilize this filing separately to be eligible for particular tax credits.
A descendent (for instance, a granddaughter) of any of them who is the taxpayers money son, daughter, younger child, foster child (established by an authorized placement agency), and a foster kid who is adopted.
When there are two custodial parents, it is especially important to remember that only one taxpayer could claim a particular dependant on there own income tax return. Dependency disputes between divorced and separated parents were settled in the custodial parent's favor.
In rare circumstances, prior court rulings or a written statement from the custodial parent could free the noncustodial parent from liability.
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the consistency between test items or problems and the kinds of situations or problems that occur in a job is known as _____ validity.
The correct answer is content validity.
What is content validity?An instrument's content validity is determined by how well it captures each significant aspect of the construct it seeks to assess.
Creating screening tools to discover measures for clinical diagnoses is a common task in psychological research. Imagine your interest in creating a scale for assessing clinical depression.
The construct validity of a test assesses how well it captures the desired outcomes. The construct's validity will be harmed if any components are absent or irrelevant components are added.
Keep in mind that you must show both convergent and divergent validity in order to establish construct validity.
Any situation in which you design a test or questionnaire for a specific construct and want to make sure that the questions actually measure what you expect them to involves content validity.
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TRUE/FALSE when a bank receives additional deposits, it gains an equal amount of reserves; when it loses deposits, it loses an equal amount of reserves.
When a financial institution gets extra deposits, it profits an identical quantity of reserves; whilst it loses deposits, it loses an identical quantity of reserves.True.
The required details about Reserves is mentioned in below paragraph.
A reserve can seem in any element of shareholders' equity besides for contributed or simple percentage capital. In nonprofit accounting, an "running reserve" is the unrestricted coins reachable to be had to preserve an organization, and nonprofit forums typically specify a goal of preserving numerous months of running coins or a percent in their annual income, referred to as an Operating Reserve Ratio.
There are unique styles of reserves utilized in economic accounting like capital reserves, sales reserves, statutory reserves, found out reserves, unrealized reserves.
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A national food product company thinks that it sells more frozen pizza during the winter months than during the summer months. Average weekly sales for a sample of stores in the Baltimore area over a three-year period provided the following data for sales volume (in pounds) during the two seasons.|Season | N | Mean | Stdev | Minimum | Maxinum | |-|-|-|-|-| |Winter | 38 | 31234 | 13500 | 15312 | 73841| |Summer | 40 | 22475 | 8442 | 12743 | 54706|Some additional information about the pizza sales data, It is generally thought that sales spike during the weeks leading up to AFCAFC and NFCNFC football championship games, as well as leading up to the Super Bowl at the end of January each year. If we omit those 6 weeks of sales from this three-year period of weekly sales, the summary statistics look like this.Season N Mean StDev Minimun MaximunWinter 32 28995 9913 15312 48354Summer 40 22475 8442 12743 54706Do sales appear to be higher during the winter months after omitting those weeks most influenced by football championship games?c) Propose additional factors that may influence pizza sales not accounted for in this exercise.
Option C is correct. Two sample test with unequal population standard deviation.
It is given that the population standard deviations are not equal. Hence,
We will use two sample t test with unequal population standard deviation.
Standard deviation estimates the spread of an information conveyance. It estimates the common distance between every piece of information and the mean.
The formula we use for standard deviation relies upon whether the information is being viewed as its very own populace, or the information is an example addressing a bigger populace.
If the data is being considered a population on its own, we divide by the number of data points, N.If the data is a sample from a larger population, we divide by one fewer than the number of data points in the sample, n-1.Know more about Standard Deviation - https://brainly.com/question/14747159
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Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 5,200 rackets and sold 4,100. Each racket was sold at a price of $82. Fixed overhead costs are $63,440 and fixed selling and administrative costs are $64,400. The company also reports the following per unit variable costs for the year
The company also reports the following per unit variable costs for the year $36.40.
Solution:
Units manufactured during the year: 5100 units
Manufacturing Expenses per unit
= variable Expenses + Fixed Expenses
= $24.20 + ($ 63440/5200)
= $ 24.20 + $ 12.20
= $ 36.40
A company's cost burden is variable and changes as production and distribution change. Unlike fixed costs, they are not fixed costs. As production increases, variable costs increase due to the need to purchase raw materials in large quantities. Variable costs fluctuate according to production volume. Variable costs include labor costs, fees and raw materials.
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a mandated reporter who fails to make a report suspected abuse may be punished up to six months in jail and/or a $1000 fine. True or False
A required reporter who fails to disclose suspected abuse may face up to six months in prison and a $1000 fine is true.
A mandated reporter who fails to report an incidence of known or reasonably suspected child abuse or neglect as required by this section commits a misdemeanor punishable by up to six months in a county jail or a $1,000 fine, or both incarceration and fine.
Willful neglect to report is a second-degree misdemeanor in the first instance. If a required reporter willfully fails to report child abuse, which is a first-degree felony, the penalties are escalated to a third-degree felony.
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Which of the following are included in financial institution?
Organizations that provide coverage, brokerage services, commercial banks, and financial institutions.
What makes money important?The science of finances centers on monetary difficulties. It is an important component for everybody or any organization. In light of the fact that all businesses must generate money in order to live, it is essential to a firm. As a reason, it is viewed as a specialty industry needing skilled workers.
What does finance include for a company?It makes reference to the entire quantity of cash and credit that a corporation has utilized. The execution of all other economic activities, as well as the purchase of goods, services, and raw materials, require business finance. In particular, it is required for conducting out all business processes.
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Ford Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $150,000 was sold for its book value in Year 2. There were no other equipment purchases or sales during the year. The following selected information is available for Ford Company from its comparative balance sheet. Compute the cash received from the sale of the equipment.
At December 31 Year 2 Year 1
Equipment $600,000 $750,000 Accumulated Depreciation-Equipment 428,000 500,000
The amounts that a company's assets are depreciated for a single period.
Monetary records may be discovered on the agency's internet page in Investor members of the family in which Securities and alternate fees and other employer reviews are regularly stored. The SEC has economic filings electronically to be had beginning in 1993/1994 unfastened on their website.
The reports incorporate data, along with overall performance highlights, a letter from the CEO, financial information, and goals and desires for destiny years. there are numerous users of annual reports, which include shareholders and capacity traders, personnel, and customers.
An annual report for a publicly traded enterprise typically carries highlights of the organization's sports and performance for the duration of the preceding yr, destiny desires and objectives, a letter to shareholders from the CEO or corporation president, an auditor's record, and distinctive monetary statements.
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TRUE/FALSE when using a cost-based price, the denominator in the calculation always includes the costs included in the base plus the desired profit.
when using a cost-based price, the denominator in the calculation always includes the costs included in the base plus the desired profit- True
cost-based price
A pricing range is frequently determined by a corporation, including floor and ceiling prices. These are the lowest and highest prices that a vendor would accept for a product or service. The seller then chooses the ultimate selling price based on the market circumstances. Cost-based pricing assists a company in determining the floor price. The following are the advantages or benefits of this pricing method: This strategy assures that a corporation is constantly profitable. However, for this to occur, the mark-up must be adequate to cover all expenditures. Furthermore, sales must meet or exceed objectives.
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Which of the following statements about striving to reduce labor costs per pair produced at each of the company's production facilities is true? Companies producing branded footwear with an S/Q rating above 5.0 stars are unlikely to achieve labor costs per pair produced that are below the industry average in those geographic regions where they have production facilities Achieving labor productivity of 3,700 pairs per worker at a production facility is nearly always sufficiently high for a company's production labor costs per pair (after rejects) at the facility to be close to the industry-low (as reported on p. 6 of the most recent FIR) Achieving labor costs per pair produced at a particular production facility that are below the region's industry-average (as reported on p. 6 of FIR) requires company managers each year to seek out a combination of base pay increases, incentive payments per non- defective pair produced, total annual compensation, and expenditures for best practices training at the facility that is projected to achieve labor costs per branded pair lower than the_prior year (since worker productivity at each production facility should be trending upward over time). The most cost effective way for a company to achieve low labor costs per pair produced is to give production workers annual base pay increases in the range of 10% to 15% annually in each geographic region where it has production facilities. The simplest and most effective way for a company to achieve labor costs per pair produced that are below the industry average is to compensate production workers at levels that are below the industry average in each geographic region where it has production facilities.
The subsequent declaration is true: The handiest and the only manner for corporation to obtain hard work prices in step with pair produced which might be under the enterprise common is to compensate manufacturing employees which might be under the enterprise common in geographic location where it has manufacturing facilities.
The required details for Industry averages in given paragraph
Industry averages (of economic ratios) are usually the use of as benchmarks or gear which facilitates commercial enterprise to make comparisons that facilitates to decide its role withinside the enterprise and examine economic overall performance of the commercial enterprise. It is a beneficial device for commercial enterprise managers and investors, facilitates with choice making process. It constitute information figures of diverse commercial enterprise groups throughout unique industries of manufacturing awesome merchandise and services. Some people and groups use enterprise averages as a beneficial gear, it offers a medium degree of all different competition overall performance.[Compare their personal information parent with the ones averages, it may assist character or business enterprise to make choices and predictions approximately viable outcomes.
Such as, Investors examine an business enterprise's economic ratios with enterprise averages to assess whether or not the business enterprise have capability electricity to boom withinside the future, and degree of chance for the investment.
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The subsequent declaration is true: The handiest and the only manner for corporation to obtain hard work prices in step with pair produced which might be under the enterprise common is to compensate manufacturing employees which might be under the enterprise common in geographic location where it has manufacturing facilities.
The required details for Industry averages in given paragraph
Industry averages (of economic ratios) are usually the use of as benchmarks or gear which facilitates commercial enterprise to make comparisons that facilitates to decide its role within side the enterprise and examine economic overall performance of the commercial enterprise. It is a beneficial device for commercial enterprise managers and investors, facilitates with choice making process. It constitute information figures of diverse commercial enterprise groups throughout unique industries of manufacturing awesome merchandise and services. Some people and groups use enterprise averages as a beneficial gear, it offers a medium degree of all different competition overall performance. Compare their personal information parent with the ones averages, it may assist character or business enterprise to make choices and predictions approximately viable outcomes.
Such as, Investors examine an business enterprise's economic ratios with enterprise averages to assess whether or not the business enterprise have capability electricity to boom within side the future, and degree of chance for the investment.
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bubba inc. would like to have an investment that would provide cash flows of $70217 per year for the next 10 years.
Bubba inc. would like to have an investment that would provide cash flows of $70217 per year for the next 10 years:$154,553.30(Approx).
Solution:-
Present value=$23033*Present value of annuity factor(8%,10)
=$23033*6.710081399
which is equal to
=$154,553.30(Approx)
Funding is an asset or object obtained with the purpose of generating earnings or appreciation. investment refers to a boom in the fee of an asset over the years. whilst a person buys an awesome as an investment, the intent isn't to devour the good but rather to use it in the destiny to create wealth.
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Which of the following steps of the market screening process involves the analysis of the quality of workforce, materials, and infrastructure?
A) identification of basic appeal of a market
B) assessment of the national business environment
C) measurement of market or site potential
D) selection of the market or site
Option B is correct. The step of market screening process that involves the analysis of the quality of workforce, materials, and infrastructure is assessment of the national business environment.
Market screening is a technique used to assess markets in light of their suitability for the company's overall skills and business goals.
Choosing the Right Markets
Determine Potential Markets in Step 1.
Step 2: Aim for the Most Lucrative Markets.
First, look at product trends.
Research the Competition in Step 2.
Step 3: Examine marketing-related factors.
Step 4: Determine Any Obstacles.
Determine Any Incentives in Step 5.
In order for businesses to start analyzing potential markets in terms of similarities and differences among variables of interest, the screening stage frequently makes use of some sort of grouping technique. The fundamental goal is to screen out or eliminate markets that don't adhere to a set of standards set forth by the company.
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Over which of the following would the investment adviser representative have discretionary authority?
A) An account in which a customer has power of attorney over another individual's account.
B) An account in which a trustee has power of attorney over another individual's account.
C) An account in which the investment adviser representative chooses portfolio securities on behalf of the client.
D) An order that specifies the size of the trade and name of the security, but leaves the choice of price and time up to the investment adviser representative.
An account in which the investment adviser representative chooses portfolio securities on behalf of the client. Hence, c) option is correct.
An account in which the investment adviser representative chooses portfolio securities on behalf of the client. When a member firm or its representative places an order on behalf of a customer without that customer's express consent, that order is discretionary. Additionally, the company must select at least one of the following: the magnitude of the trade, whether to purchase or sell, or the security in order for the order to be deemed discretionary. It is not thought to be an exercise of discernment to choose the time and price.
The ability to be the only one who interprets claims is known as discretionary authority. A clause in an insurance contract grants it to insurance firms.
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a hedge fund a hedge fund has its shares registered with the federal reserve is a public financial institution has actively traded shares is open to a select number of individual investors
A hedge fund a hedge fund has its shares registered with the federal reserve is a public financial institution has actively traded shares is open to a select number of individual investors .its true .
In an effort to improve performance, a hedge fund is a pooled investment entity that trades in relatively liquid assets and has access to a number of more sophisticated trading, portfolio construction, and risk management tools, such as short selling, leverage, and derivatives. Financial restrictions normally only allow approved investors, wealthy individuals, and organizations to promote hedge funds. Hedge funds are what is meant by "alternative investments." They are distinct from regulated investment funds available to regular investors, commonly known as mutual funds and ETFs, in that they can utilize leverage and use more complex investment methods. Hedge funds differ from private equity funds and other comparable closed-end funds since they often invest in highly liquid assets and are typically open-ended.
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forms of direct marketing includes . group of answer choices personal selling catalog marketing all of the answers given here are forms of direct marketing. direct mail marketing
forms of direct marketing include. online marketing, social media marketing, and mobile marketing
Direct marketing is a style of advertising that involves communicating with your target market directly to offer information about your business, product, or service.
Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods.
Direct marketing has two key characteristics. First, it makes an effort to convey communications to clients directly (through direct mail, email, or telephone), usually in an unsolicited manner. Second, it seeks to elicit an immediate response from the audience (it attempts to make the customer act).
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When a specific account receivable is determined to be uncollectible, which of the following occur? (Select all that apply.)Bad debt expense is recognizedSales revenue is recognizedAllowance account is reducedAccount receivable is reduced
The correct option is C : The allowance account is reduced. You must reverse the write-off item and record the payment when you receive money that you wrote off as uncollectable.
Increase the accounts receivable account with a debit and decrease the allowances for doubtful accounts account with a credit to reverse the write-off entry.
It is an accounting technique in which the value of accounts receivable (AR) on a company's balance sheet is discounted in exchange for cash balances.
When a certain customer's account is determined to be uncollectible, the journal entry used to write off the account is as follows: Accounts Receivable credit (to remove the amount that will not be collected) A reduction in the Allowance for Doubtful Accounts (to reduce the Allowance balance that was previously established)
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Full Question ;
When a specific account receivable is determined to be uncollectible, which of the following occur? (Select all that apply.
A Net income is reduced.
B The gross amount of accounts receivables is reduced.
C The allowance account is reduced.
D Bad debt expense is increased.
tom tom llc purchased a rental house and land during the current year for $160,000. the purchase price was allocated as follows: $105,000 to the building and $55,000 to the land. the property was placed in service on may 22. calculate tom tom's maximum depreciation for this first year. (use macrs.
The maximum amount depreciated by tom in this first year is $2386.65.
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline. Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc. Accumulated depreciation should be classified as an asset if you have to decide between the two options because that is how the account is shown on the balance sheet.
Purchased : $160,000
Building: $105,000
Land: $55,000
Tom's first-year maximum depreciation: we'll use this one.
The mid-month convention is in effect, and the maximum depreciation for residential property will be $105,000 divided by 2.273% over the recovery period of 2.273 years.
maximum depreciation will be here as
maximum depreciation = $105000 × 2.273%
maximum depreciation = $105,000 × 0.02273
maximum depreciation = $2386.65
Maximum depreciation is equal to $105,000 divided by 0.02273, or $2386.65.
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the irs would most likely apply the arm's length transaction test to determine which of the following?
The standard used to assess whether an expense is fair or excessive in amount—rather than whether the transaction is correctly attributable to a specific period—is arm's length.
The standard used to assess whether an expense is fair or excessive in amount—rather than whether the transaction is correctly attributable to a specific period—is arm's length. The degree of comparability and the caliber of the information and presumptions employed in the analysis are the two main variables. Both must be carefully taken into account. Mortgage interest, retirement plan contributions, HSA payments, student loan interest, charitable contributions, medical and dental costs, lost gaming money, and state and local taxes are a few of the more popular deductions.
According to IRS regulations, taxpayers must use the arm's length principle while negotiating business deals with other managed companies.
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When designing facilities, decisions must be made about their ______ which concerns their physical positioning or geographic site.
When designing facilities, decisions must be made about their Layout which concerns their physical positioning or geographic site.
What is layout?Layout in written text is the path something is the arrangement of visual factors on a page. These visual factors known as layout figures include text, images, headings, spacing, and more. Layout can help complete the major points of a text and make the text easier to read.
What is the purpose of heading?A short sentence that indicates what the next part of your essay, report is all about is called a heading. Headings are used to organize the presentation of your Discussion and lead the reader through the paper. The reader should be capable to preview what your paper covers—your discussion—by reading just the headings.
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Curly Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 16,000 of the components each year. The unit product cost of the component according to the company's cost accounting system is given as follows: Direct material $8.10 Direct labor 6.40 Variable manufacturing overhead 1.70 Fixed manufacturing overhead 4.40 Unit product cost $20.60 Assume that direct labor is a variable cost. Of the fixed manufacturing overhead, 30% is avoidable if the component were bought from the outside supplier. In addition, making the component uses 1 minute on the machine that is the company's current constraint. If the component were bought, this machine time would be freed up for use on another product that requires 2 minutes on the constraining machine and that has a contribution margin of $8.10 per unit. When deciding whether to make or buy the component, what is the maximum price the company would pay if it decides to buy? A. $20.60 B. $17.52 C. $24.65 D. $21.57 E. $23.52
The maximum price that the company would pay if it decides to buy the component is $17.52. This is calculated by subtracting the avoidable fixed manufacturing overhead of 30% from the unit product cost of $20.60 to get $14.42.
Then, subtracting the variable manufacturing overhead of $1.70 and the direct labor of $6.40 yields the maximum price of $17.52. By buying the component from the outside supplier, the company would save $3.08 per unit, which would then be available to be used on another product. The company would also free up 1 minute of machine time on the current constraint, allowing them to produce an additional product that requires 2 minutes on the constraining machine and that has a contribution margin of $8.10 per unit.
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Water bottlers announce that next month the price of bottled water will rise by 25 percent. Which of the following occurs immediately?
a. The quantity of bottled water demanded increases.
b. The demand for bottled water increases.
c. The quantity of bottled water demanded decreases.
d. The demand for bottled water decreases
Water bottlers announce that next month the price of bottled water will rise by 25 percent. The demand for bottled water decreases. Thus, option d) is the correct answer.
What is demand in economics?
Demand in economics refers to a consumer's readiness to pay a certain price for products and services as well as their desire to buy them. Demand for a good or service often declines when its price goes up. The amount needed will rise as a product's price drops, in a similar manner.
Consumers and companies are quite familiar with the idea of demand since it makes sense and happens organically during the course of almost any day. For instance, when a product's pricing is low, shoppers who are keeping an eye on it will buy more of it. When costs increase, such as with a change in season, consumers may buy less or maybe nothing at all.
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Assume that each division operates in an individual geographic area, Division A is in the domestic area, and each of the other divisions operates in a separate foreign country. Assume that one-half of the assets in each geographic area represents long-lived, productive assets as defined in ASC 280. Prepare schedules showing which geographic areas are reportable using a 10 percent materiality threshold.
C). According to ACS 280, a client shall be reported as a big customer if their revenue represents 10% or more of the entry revenue.
Each client segment's revenue should be reported, along with the main customer revenue threshold, by the company:
revenue threshold for major customer 10% of entry revenue
total revenue 1082000
Major customer threshold 108200
∴ Hence major customer sales threshold = $108200
What does a sales threshold actually mean?A threshold is a minimal sales performance standard that must be met in the realm of sales compensation before a salesperson qualifies for incentive payments. The threshold may be stated in accordance with standard procedure as "the seller must obtain 70% of the quota before the incentive formula begins to pay." It might also be stated as a monetary amount or the quantity of units sold, as this example implies, or as a percentage of the quota. In any case, there is a clear threshold rule: No incentive is provided below the specified threshold level of performance.
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When a country accepts a loan from the IMF or World Bank, the loan also comes with a number of mandatory conditions that the country must meet. Often, these conditions include:Group of answer choicespolicies to encourage foreign investment and encourage free trade.All of the answer choices are correct.privatizing state enterprises, like the water system.cutting spending to health care and education.
When a country accepts a loan from the IMF or World Bank, the loan also comes with a number of mandatory conditions that the country must meet. often, these conditions include:
lowering education and health care spending,selling state-owned businesses including the water system, andimplementing free-trade and foreign investment-friendly policiesThe International Monetary Fund (IMF) is a worldwide foundation that cultivates worldwide exchange, battles destitution, and attempts to increment monetary dependability and worldwide financial advancement.
A few highlights of IMF are-
Making credits to countries in monetary difficulty to deflect or decrease monetary emergencies is perhaps of IMF's most pivotal obligation.The Bretton Woods understanding which tried to advance worldwide monetary participation by laying out an arrangement of tradable monetary forms with fixed trade rates, prompted the production of the IMF in 1945.The International Monetary Fund (IMF) accumulates colossal volumes of information on individual public economies, global trade, and the generally global economy and offers monetary forecasts.Know more about IMF - https://brainly.com/question/28149436
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the table above indicates the production alternatives of two countries, a and b, which produce computers and steel using equal amounts of resources. if both countries always produce at full employment, which of the following statements must be correct?
Mutually advantageous trade can occur between the two countries when 2 units of steel from country B are exchanged for 1 computer from country A is correct.
There are many factors that contribute to the production of a country. This can include things like the resources available, the climate, the infrastructure, and the workforce. All of these things work together to determine how much a country can produce.
Production can also be impacted by things like trade agreements and sanctions. The production of countries is a complex and ongoing process that is constantly changing and evolving. Countries produce a wide variety of goods and services that are essential to the global economy.
The question is incomplete, the complete question is:
Country A: 100 computers or 100 units of steel
Country B: 20 computers or 80 units of steel
The table above indicates the production alternatives of two countries, A and B, which produce computers and steel using equal amounts of resources. If both countries always produce at full employment, what is correct?
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When purchasing a dishwasher, a manager can tell if it is in compliance with the regulatory authority by:
a. looking for an NFS seal of approval or a certification from ANSI on the dishwasher
b. asking the salesperson to assure the dishwashers quality, reliability, and adherence to code
c. ensuring that the dishwasher's specifications adhere to commercial equipment requirements
d. searching for approved appliances on the OSHA website
The way that a manager can tell if a dishwasher is in compliance with the regulatory authority is by looking for an NFS seal of approval or certification from ANSI on the dishwasher. Therefore, the correct option is (A).
What is NFS Certification?NSF is a company that focuses on developing public health standards by creating certifications for goods used by the public. Therefore, every product that already has an NSF certification proves that the product has passed a series of tests and product tests that assess whether the product is safe and suitable for human use and also safe for the environment. For companies, NSF will also conduct an audit on the company to see the cleanliness of the company's production site. By looking at this certification, a manager can tell if the company's tools are in compliance with the regulatory authority.
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which of the following statements explains how price and quantity influence the law of demand
In the law of demand, the statement that explains how price and quantity influence each other is the quantity demanded by consumers decreases as prices rise and then increases as prices fall. Hence, the correct option is (A).
What is the Law of Demand?The law of demand is one of the fundamental principles in economics which describes how the amount of demand for a good or service is affected by the price of that item. As consumers, we basically want the price of an item or service to be as cheap as possible so we don't have to sacrifice a lot of money to meet our needs. Therefore, the quantity of goods or services that consumers want to buy will increase when the price of these goods falls.
The question is incomplete, but most probably your question was:
In the law of demand, the statement that explains how price and quantity influence each other is
A. The quantity demanded by consumers decreases as prices rise and then increases as prices fall
B. The quantity demanded by consumers increases as prices rise and then decreases as prices fall.
C. The quantity demanded by consumers is not affected by the increases or decreases in price.
Hence, the correct option is (A).
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the oceanic pacific fleet has just decided to use a pole-and-line method of fishing instead of gill netting to catch tuna. the latter method involves the use of miles of nets strung out across the ocean and therefore entraps other sea creatures besides tuna (e.g., porpoises, sea turtles). concern for endangered species was one reason for this decision, but perhaps more important was the fact that the major tuna canneries in the united states will no longer accept tuna caught by gill netting.
Ocean Pacific decided to conduct a series of experiments to determine the amount of tuna that could be caught with different crew sizes. The results of these experiments follow.
Number of Fishermen
Daily Tuna Catch (lb)
0
0
1
50
2
110
3
300
4
450
5
590
6
665
7
700
8
725
9
710
At what point (what number of fishermen) does diminishing returns occur?
Refer to the previous question. Indicate the number of fishermen at the points that delineate the three stages of production. Enter your answers as whole numbers.
Refer to question 11. Suppose the market price of tuna is $3.50/pound. How many fishermen should the company use if the daily wage rate is $100?
Refer to question 11. a glut in the market for tuna causes the price to fall to $2.75/pound. At this new price, how many fishermen should the company now use if the daily wage rate remains at $100?
Refer to question 11. Suppose the price of tuna rises to $5.00/pound. At this new price, how many fishermen should the company now use if the da
The diminishing returns occur when 4 fishermen are employed.
An experiment is a procedure applied to support or refute a hypothesis, or confirm the efficaciousness or chance of one thing antecedently untried. Experiments give insight into cause-and-effect by demonstrating what outcome happens once a specific issue is manipulated.
The three stages of production are primary, secondary and tertiary. Production is that the method of mixing numerous inputs, each material and immaterial so as to make output. Ideally this output are going to be an honest or service that has price and contributes to the utility of people. Basically, it simply suggests that a producing method or the top results of a producing method.
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which of the following statements regarding informational control are correct? (check all that apply.)
Informational control deals with internal and the external strategic context, reviews goal in the context of the current environment and considers assumptions that create the basis for an organization's strategy.
Give a brief account on management.Whether it's a company, a nonprofit, or a government agency, management (or managing) is the administration of the organization. It can be regarded as both the science and the art of managing the resources of the company.
Setting an organization's strategy and organizing the work of its staff (or volunteers) to achieve its goals through the use of resources such as financial, natural, technological, and human resources are all included in management. The phrases "run the business" and "change the business" are used in management to distinguish between the continued provision of goods or services and their adaptation to meet the shifting needs of customers. Another group of people who fit under the category of "management" are managers.
Hence, option (d) is the relevant answer choice.
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The complete question is mentioned below :
Which of the following statements regarding informational control are correct? (check all that apply.)
-It deals with internal environment and the external strategic context
-It reviews goal and strategies in the context of the current environment
-It considers assumptions that create the foundation for an organization's strategy
-All of the above.
which of the following are accurate regarding the recognition and de-recognition of assets and liabilities with the current rate method?
The following are accurate regarding the recognition and de-recognition of assets and liabilities with the current rate method:
New assets and liabilities are recognized using the current rate at the time of the transaction.
Existing assets and liabilities are de-recognized using the current rate at the time of de-recognition.
In its simplest shape, your balance sheet can be divided into categories: property and liabilities. assets are the gadgets your employer owns that can offer future monetary gain. Liabilities are what you owe other parties. In short, belongings placed cash on your pocket, and liabilities take cash out!
Assets are what a enterprise owns and liabilities are what a enterprise owes. both are listed on a employer's stability sheet,
Liabilities are the money owed you owe to different parties. A liability may be a mortgage, credit score card balances, payroll taxes, debts payable, fees you haven't been invoiced for but, lengthy-term loans (like a loan or a business loan), deferred tax payments, or a long-time period lease.
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