Lements of financial statements do not include:_________
a) monetary unit.
b) investments by owners.
c) comprehensive income.
d) losses

Answers

Answer 1

Lements of financial statements do not include monetary unit.

A monetary unit of currency, such as the US dollar or the Mexican peso. All transactions are measured in currency units and represented in book currency units. This is the currency unit commonly used in the country. For example, in the United States, all accounting records are kept in US dollars.

Crimes are committed for the purpose of obtaining financial gain in connection with money, or the mechanism by which it is introduced and circulated in the economy, or the monetary policy of the government.

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Related Questions

If U.S. goods are relatively cheaper compared with goods of foreign places, then U.S. exports are likely to rise. This would make the aggregate demand curve ________.

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If U.S. goods are relatively cheaper compared with goods from foreign places, then U.S. exports are likely to rise. This would make the aggregate demand curve d. shift to the right.

Aggregate demand increases when the components of aggregate demand (private consumption, business investment, government spending, exports minus imports, etc.) increase.

As the components of aggregate demand (consumer spending, business investment, government spending, and exports minus imports) increase, the aggregate demand curve shifts to the right.

Aggregate demand curves show total spending on domestic goods and services at each price level. Below is an example of an aggregate demand curve. As with the aggregate supply curve, the horizontal axis represents real GDP and the vertical axis represents price levels.

The question is incomplete. Please read below to find the missing content.

If U.S. goods are relatively cheaper compared with goods of foreign places, then U.S. exports are likely to rise. This would make the aggregate demand curve ________.

Select one:

a. move along the line

b. remain the same

c. shift to the left

d. shift to the right

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Entrepreneurs must make sense of complex information and make decisions about how to invest their time, effort, and other resources. consequently, it is important to understand that?

Answers

Entrepreneurs must make sense of complex information nd other resources. consequently, it is important to understand that good entrepreneurs must be good judges.

An entrepreneur is an individual who creates a new enterprise, bearing maximum of the risks and enjoying maximum of the rewards. The technique of putting in a business is called entrepreneurship. The entrepreneur is normally seen as an innovator, a source of latest ideas, items, offerings, and commercial enterprise/or strategies.

The highest-paying activity in the global, in a traditional sense, holds the number one spot in this article: anesthesiologist. they're additionally the only process listed above. The listing, however, does not don't forget like  who make substantially extra than that.

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A loan with fixed, equal, monthly payments, made up of principal and interest, and the amount owed (principal) is eventually paid off, describes a(n):_______

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A loan with fixed, equal, monthly payments, made up of principal and interest, and the amount owed (principal) is eventually paid off, describes as an amortized loan.

A loan that has planned, monthly payments that are applied to both the principal and interest accrued is known as an amortized loan. An amortized loan payment is one that reduces the principal amount of the loan after paying off the relevant interest expense for the period.

Auto, housing, and personal bank loans for small projects or debt consolidation are examples of common amortized loans. A loan that is amortized requires the borrower to make regular payments that are divided equally between the principle and interest.

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Cakery bakery receives $1,000 from a customer on august 5, 2016 for a wedding cake to be delivered on september 19, 2016. what would cakery bakery record on their books when they receive this payment?

Answers

The correct answer is to debit Cash (an asset) for $1,000 as the company now has the cash and credit Deferred Revenue (a liability) for $1,000 as the company now has an obligation to provide services in the future.

What is Revenue?

The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting. Commercial revenue is often known as sales or turnover. Some businesses make money by charging interest, royalties, or other fees.

The overall cost of making and distributing a product or service to consumers is referred to as the cost of revenue. The cost of revenue is disclosed in a company's income statement. It is intended to show the direct costs related with the goods and services offered by the company.

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A common tool project teams use is a responsibility assignment matrix (ram). typically, this chart will depict:______.

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A common tool project teams use is a responsibility assignment matrix (ram). typically, this chart will depict the date each activity will begin.

1: Quality or state of accountability: etc.

a: Moral, legal or spiritual accountability.

b: Reliability, Reliability.

2: Responsibility: In the end, I neglected my responsibility.

The definition of responsibility is duty or duty. An example of responsibility is having to take out the trash every night.

If you are in an area where you have or are responsible for something or someone, it is your responsibility or obligation to deal with it and make decisions.

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The management information system records day-to-day transactions, such as customer orders, bills, inventory levels, and production output.

a. true
b. false

Answers

It is false that "the management information system records day-to-day transactions, such as customer orders, bills, inventory levels, and production output ."

The transaction processing system (TPS) records day-to-day transactions, such as customer orders, bills, inventory levels, and production output.

The management information system is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization.

The ultimate goal of the use of a management information system is to increase the value and profits of the business

The management information system helps companies identify their strengths and weaknesses due to the presence of revenue reports, employee performance records etc.,to gain a competitive advantage,and also with decision-making as well as reduce downtime for actionable items.

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According to pmi’s agile’s practice guide, which roles are considered appropriate agile roles?

Answers

Traditional predictive project management and the PMI's Project Management Body of Knowledge remain inextricably linked, notwithstanding changes made in the Sixth Edition (PMBoK).

Concerns for Agile/Adaptive Environments are covered in each of its 10 Knowledge Areas. But generally, they are only two or three paragraphs long. The primary goal is raising awareness.

The organization's own Agile Project Management qualification is designated as a PMI Agile Certified Practitioner (PMI-ACP). The PMI-ACP is also the certification with the fastest growth.

Instead of calling Scrum a methodology, Schwaber refers to it as a framework. This is mainly because many people associate the word "methodology" with being prescriptive in character.

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The 1909 strike at new york city's triangle shirtwaist company demonstrated that:______.

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The 1909 strike at New York city's triangle shirtwaist strike demonstrated that women workers could create solidarity across social and ethnic lines.

The Uprising of the 20,000, also known as the New York Shirtwaist Strike of 1909, was a labor dispute that mostly affected Jewish women who worked in New York shirtwaist manufacturers. The strike was the biggest by female American employees to that point. The strike began in November 1909 under the direction of Clara Lemlich and the International Ladies' Garment Workers' Union, with assistance from the National Women's Trade Union League of America (NWTUL). The NWTUL and the factory owners reached a settlement in February 1910, which resulted in better pay, hours, and working conditions. The Triangle Shirtwaist Factory Fire, which exposed the hardship of immigrant women working in hazardous and challenging conditions, occurred only a year after the strike came to a conclusion.

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American architect __________ became known for his repetition of rectangular zones and use of asymmetrical spatial organization in his design of furniture, wallpaper, and stained-glass windows.

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American architect Frank Lloyd Wright became known for his repetition of rectangular zones and use of asymmetrical spatial organization in his design of furniture, wallpaper, and stained-glass windows.

Wright was credited with developing the ‘Prairie style’ which became the dominant design of American homes in the 20th century. This style ushered in a radically new way of building modern homes.

The Prairie homes dispensed with intricate designs and arrangements, in favor of large living rooms, plain walls, and innovative indoor heating systems. The building materials and equipment used were mass-produced. Thus, these homes were cost-effective, had ample space, and were built for comfort.

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___________ refers to the exponential growth in the volume, variety, and velocity of information and the development of complex, new tools to analyze and create meaning from such data.

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Big data refers to the exponential growth in the volume, variety, and velocity of information and the development of complex, new tools to analyze and create meaning from such data.

Big Data is a collection of that data which is huge in volume, but still it is  growing exponentially with time. Big data is a data with so much  large size and complexity.

Traditional data management tools cannot store it or process it efficiently. Big data is also a data but with a very huge size.

The New York Stock Exchange is an example of Big Data which generates about one terabyte of new trade data per day.

Following are the three types of Big Data:

Structured

Unstructured

Semi-structured

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Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed annual interest rate of 2.7% compounded monthly for 15 years. use the formula to determine cassidy's approximate monthly payment.

Answers

Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

What is the payment monthly?

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

What is a loan amortization schedule?

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

[tex]P=F_{P} (i)/1-(1+i)^{-1}[/tex]

Plug all the values in the above formula:

[tex]P=210000(2.7/12)/1-(1+(2.7/12)^{-15*12}[/tex]

$1420.

Hence,

Cassidy's approximate monthly payment stands at $1420.

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A _________ provides a clear description of where a business wants to be even as far back as five years.

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A business plan provides a clear description of where a business wants to be even as far back as five years.

A business plan is a document that defines in detail description of a company's objectives and how it plans to achieve its goals in upcoming years. This plan is use to secure investment capital from financial institutions or lenders.

A business plan lays out a written roadmap for the firm from financial, marketing, and operational standpoints. Both startups and established companies use business plans in order to succeed.

Hence, one should have a proper business plan before establishing a business.

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When filing your tax return, what is the maximum amount you can deduct for a capital loss?.

Answers

When filing your tax return, $3,000 is the maximum amount you can deduct for a capital loss

What is tax?

A tax is a mandatory financial charge or other sort of levy imposed by a governmental entity on a taxpayer in order to fund government spending and related public expenses.

A tax deduction is a provision that lowers the amount of taxable income. A standard deduction is a single, fixed-amount deduction. Itemized deductions are popular with higher-income taxpayers because they frequently have considerable deductible expenses such as state/local taxes paid, mortgage interest, and charitable contributions.

The effective tax rate is the percentage of an individual's or corporation's income that is paid in taxes. The effective tax rate for individuals is the average rate at which their earned income, such as wages, and unearned income, such as stock dividends, are taxed.

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The type of state law that involves such issues as business disputes or divorces is known as?

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The type of state law that involves such issues as business disputes or divorces is known as civil law.

The term civil law originates from the Roman word ‘jus civile’, meaning “citizen’s law”. Civil law denotes a body of laws and rules that concerns the private rights of citizens and not those of the public. It applies in private relations between individual citizens.

Civil law has some other features, including that it is codified, imposes civil liability on the offender (who has to compensate for damages done), and varies according to political jurisdictions. Civil law today encompasses contract law, property law, family law, tort law, corporate law and administrative law.

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A city government is considering raising the local income tax to pay for improvements to government facilities. a private citizen opposes the plan and stands on a busy street to survey residents with the question, "do you agree that wasteful spending is a serious problem in our local government?" the results of the survey will most likely suffer from which type of bias?

Answers

The results of the survey will most likely suffer from wording bias.

Wording bias:

Wording bias, also called question-wording bias or “leading on the reader” (Gerver & Sgroi, 2017) happens in a survey when the wording of a question systematically influences the responses (Hinders, 2019).

Is wording bias a type of response bias?

Wording bias can come into effect here as well

This type of bias influences the entire gamut of responses from individual or multiple participants.

For instance, if the researcher knows the participant personally, even greeting them in a friendly manner can have a subconscious effect on the responses.

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Answer: B

Explanation: The question wording is bias...

List the five elements of a firm's macroenvironment, and illustrate how each element affects the firm.

Answers

The five elements of a firm's macroenvironment are given below.

1) Laws and Regulations Protect and Restrain Organizations

2) The Economy Affects Managers and Organizations

3) Technology is Changing Every Business Function

4) Demographics Describe Your Employees and Customers

5) Social Values Shape Attitudes Toward Your Company and Its Products

A firm's macroenvironment consists of elements that may impact the firm but are commonly beyond its direct manipulation. These elements are traits of the arena at large and are factors that all organizations must contend with, no matter the enterprise they may be in or the sort of enterprise they're in.

The most important uncontrollable, external forces (monetary, demographic, technological, natural, social and cultural, felony and political) have an impact on a company's decision-making and feature an impact upon its overall performance.

Macro-surroundings often indicate a circumstance affecting the general financial system, and it isn't affecting a selected segment of the marketplace. A macro surroundings condition will impact commercial enterprise selections. Spending, investing, and borrowing activities may be affected due to the presence of macro surroundings.

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What is a marketing strategy in which the focus is on small but profitable market segments?

Answers

Niche marketing strategy is a marketing strategy in which the focus is on small but profitable market segments.

Niche marketing is defined as the strategy of channelizing  all the marketing efforts towards one well-defined segment of the population. There is one important thing to understand that ‘niche’ does not exist, but  it is created by a smart marketing technique and identifying what the customer wants.

This can be done if the company knows what the customer needs and then tries to deliver a better solution to a problem which was not presented by other firms. A niche market does not mean a small market, but it involves specific target audience with a specialized offering.

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According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build.

Answers

According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build. are called "Short-Term sales."

What is short term sales?

An property or stock that the seller doesn't own is sold in a short sale. The typical transaction involves an investor selling borrowed securities in expectation of a decrease in price; the seller is then obligated to deliver the same number of shares at a later date. A seller, on the other hand, holds a long position in the stock or asset.

Some characteristics of short term sales are-

A stock that its an investor believes will lose value in the near future is sold short. A trader borrows shares on margin for a set length of time to complete a short sale, selling the stock when the price is attained or the period of time has passed.Because short sells restrict gains while amplifying losses, they are regarded as dangerous trading techniques. Additionally, they come with regulatory hazards.To be successful, short sales need to be timed almost perfectly.

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In digital markets: network costs decline. information asymmetry increases. switching costs decline. menu costs decline. search costs increase.

Answers

In digital markets menu costs decline.

Digital marketing is also called online marketing which uses the internet and other online based digital technologies such as desktop, mobile phones and other digital media platforms in order to promote their products and services to a wider community.

In digital marketing, menu costs are a type of transaction cost which are  incurred by firms when they change their prices. Most firms change their prices infrequently because of the costs of changing those prices. In digital markets menu costs usually decline.

For instance, in a restaurant that has to physically print new menus when it changes the prices of its dishes.

Hence, in digital markets menu costs decline.

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When must a listing agent present the disclosure regarding real estate agency relationships to the seller?

Answers

A listing agent must present the disclosure regarding real estate agency relationships to the seller prior to accepting the listing.

A listing agent represents the seller in a real estate sale. Their job is to set a competitive price for the home which they have to sell, and then bring in potential buyers to see it.

Prior to accepting the listing, a listing agent has an important work to do, as they must present the disclosure regarding real estate agency relationships to the seller. The burden of disclosure falls mainly on the seller.

Hence, the seller must disclose all material facts which may affect the value of the property.

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Requirement 2. if the sales mix is maintained, what is the total contribution margin when units are sold? what is the operating income?

Answers

The operating income is located inside the earnings statement. on top of the assertion cost of goods sold (COGS) is subtracted from revenue to locate gross profit.

It's miles the income that an employer profits/losses from its core operations of their business. for example, Ashok Leyland business enterprise is in the enterprise of manufacturing automobiles i.e. vehicles, Busses, mild vehicles, services & Sale of spare parts for their center merchandise (i.e. motors they manufacture), and so on.

Operating charges are indexed next and are subtracted from the gross profit. the amount final in spite of everything working charges are subtracted is the running income.

Operating income is sales less any operating expenses, whilst net earnings are running earnings much less every other non-working cost, together with interest and taxes. operating profits include prices which include selling, popular & administrative charges (SG&A), and depreciation and amortization.

Non-working earnings are part of an enterprise's profits this is derived from activities now not related to its middle commercial enterprise operations. it is able to include objects which include dividend profits, income, or losses from investments, in addition to gains or losses incurred by way of forex and asset write-downs.

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Sports marketing career opportunities can be divided into which two general categories?

Answers

Sports marketing career opportunities can be divided into two general categories which are the marketing of sport and marketing with sports.

Over the past few decades, the concept of sports marketing has emerged as a distinct area of marketing, although there is no agreed definition of it. Sports marketing is described as "using sports to advertise products" by academics Kaser and Oelkers.

Sports marketing is a component of sports promotion that spans a number of different sports-related industries, including broadcasting, advertising, social media, digital platforms, ticket sales, and community relations.

Four sports marketing sectors are distinguished by classifying products and services as either sports items or nonsports products and by distinguishing between conventional methods and sponsorship-based strategies. They are the strategic domains centered on themes, products, alignments, and sports.

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The information employees receive about how the company evaluates their skills and knowledge and where they fit into the company's plans is referred to as blank______.

Answers

The information employees receive about how the company evaluates their skills and knowledge and where they fit into the company's plans is referred to as a reality check.

An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).

Employees perform specific duties and tasks for their employers in exchange for remuneration. They typically work full-time, part-time, or temporary. Employees often fulfill specific duties and roles as defined in the job posting.

Employees are important. Because they fulfill your mission and influence your customers. you fulfill your mission. One of the biggest reasons employees are so important to an organization's success is because they are directly responsible for carrying out the mission.

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There is a degree of task specialization in all societies. In the danakil region of eritrea, the afar men occasionally mine what mineral as a trade good?

Answers

Salt was the mineral that the afar men occasionally mined as a trade good.

Why would the difference between income computed under full costing and income computed under variable costing be relatively small if a company used a jit inventory management system?

Answers

First of all, we have to understand what is Full costing, Variable Costing, and JIT Inventory Management System.

Full Costing

Full costing also know as absorption costing. It allocate all cost to the specific product like fixed cost, variable cost etc.

Absorption costing consider all kind of cost whereas variable costing will only consider cost in variable in nature.

Variable Costing

Variable cost is a method were we only account for those cost that are varied over production output. It will not be a good tacker of profitability but it will help in decision making.

Inventory Management System

JIT stands for Just in Time Inventory. Where basic idea is to buy inventory whenever required, this system doesn't allow holding inventory.

Now coming to the question of why the difference is small when we are operating under JIT Inventory management System is as follows:-

1. Working capital - It is designed to be exceedingly low, so the investment in working capital is very less and will reduce inventory holding cost.

2. Obsolete inventory - Since inventory levels are so low, there is little risk of having much obsolete inventory which in turn will result in less loss.

3. Process time. A thoroughly implemented JIT system should shorten the amount of time required to manufacture products, which may decrease the quoted lead times given to customers placing orders. So the fixed cost will not be incurred on rent etc because of low/ less holding of inventory.

Because of the above factor difference is too small.

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which of these options for saving money offers the lost liquidity?

Answers

The option of saving money that offers the most liquidity is a piggy bank. (option C)

What is liquidity?

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

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Answer: Savings bonds

Explanation:

What is the appropriate measure of risk for individual security if an investor holds a diversified portfolio?
a. median
b. mode
c. beta
d. standard deviation

Answers

Beta is the appropriate measure of risk for individual security if an investor holds a diversified portfolio. Standard deviation measures total risk. The unsystematic portion can be diversified away, so beta is the appropriate measure of risk.

What is BETA ?

In addition to serving as a measure of market risk, Beta tells us how a particular stock moves in relation to the rest of the stock market as a whole.

[tex]\beta_{A}=\frac{(\sigma_{A})(corr_{A,MKT})}{\sigma_{MKT}}[/tex]

where:

[tex]\beta_{A}[/tex] represents the Beta of Stock A

σ[tex]A[/tex] represents the standard deviation of stock A

[tex]corrA,MKT[/tex] represents the correlation between stock A and the overall market

σ[tex]MKT[/tex] represents the standard deviation of the overall market

By definition, [tex]\beta_{A}[/tex] = 1 because an average-risk stock is one that tends to move up and down in step with the general market.

Beta Coefficient, [tex]\beta_{A}[/tex] metric that shows the extent to which a given stock’s returns move up and down with the stock market. Beta thus measures market risk.

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________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.

Answers

"Informational" appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.

What is informal appeals?

A corporate message typically substitutes data and figures for a main notion. A business message should make sure to properly state any significant dates, locations, times, etc.

The powerful business report can be written as-

Business reports always are formally presented, impartial, and thoroughly researched. If the study focused on a specific issue or analyzes the actual quality of a whole organization, every data must be accurate and reliable.A business report must be objective, therefore stay away from stating to the reader how and where to feel in your descriptions. Let the sales statistics speak for itself, rather than saying something like "Sales were bad last quarter," if last quarter's sales were down. Person pronouns, such as "I believe we should invest that money," should also be avoided. A business report must to be objective and presented from the viewpoint of the company.

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A data mart is the operational database for the company.
a) true
b) false

Answers

It is (a) true that data mart is the operational database for the company.

A data mart is a basic data warehouse focused on one topic or area of business. Data mart helps the teams within the company to access the data and achieve insight faster. Company members don’t have to spend excessive time on complex data management systems or manually aggregate data from various sources. Data mart also ensures that there are no human-led errors in data collection within the company, which is common when the data is managed manually. A data mart is accurate, simple, and saves a lot of time for the organization.

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The statute or act that requires a contract for the sale of land to be in writing is the________.

Answers

The statute or act that requires a contract for the sale of land to be in writing is the commencement.

The declaration submitted to the registrars by the company's directors serves as the certificate of beginning of business. Following incorporation, the business has one hundred and eighty days to file the proclamation using Form INC-20A. Launched by the Ministry of Corporate Affairs, Form 20 A & is immediately viewable on their official website portal.

The chartered accountants, company secretary, or cost accountants further verify the form 20-A. These working experts will be held liable if the errors in the form persist after the verification procedure. They are responsible for any penalties outlined in Sections 448 and 449 of the 2013 Companies Act.

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