Regardless matter where another balls are, every one of the three boxes can be filled with any ball. There are 81 ways to do this, or 3 * 3 * 3 * 3.
What is the result process?If a program successfully met, you can tell from an outcome evaluation. An analysis of the process explains how and why. The products, activities, policies, etc practices of a program are described in a systematic review.
What are result objectives?Outcome goals concentrate on the conclusion of an activity, such as a competitive result like winning a game or a particular activity, like earning an olympic gold at the Olympic. In addition to an athlete's own efforts, achieving these goals also depends on their opponent's skill.
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amos hears voices and has disturbed emotions, and their behavior is very bizarre and erratic. amos isn't simply unhappy; they are likely to be diagnosed with a type of (fill in the blank) disorder.
Amos hears voices and has disturbed emotions, and their behavior is very bizarre and erratic. Amos isn't simply unhappy; they are likely to be diagnosed with a type of Psychological disorder.
What is a Psychological disorder.?Generally, Mental illness, which is synonymous with mental health disorders, is a term that is used to describe a broad spectrum of mental health conditions, which are disorders that have an impact on a person's mood, thinking, and behavior.
Depression, anxiety disorders, schizophrenia, eating disorders, and addictive behaviors are all examples of different types of mental illnesses.
Your genetic makeup and the medical history of your family both play a role in determining your likelihood of developing a mental illness. Your life experiences, such as stress or a history of abuse, particularly if these things happened to you when you were a child. Biological issues such as chemical imbalances in the brain are contributing elements.
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the experience rating system, also known as a merit rating system, may reduce the amount of .
An experience rating is the amount of damage that an insured party has in comparison to similar insured parties.
What are the main goals and objectives of an experience rating program?
The purpose of experience rating is to provide an incentive to reduce the number and cost of work-related injuries. Each industry classification assigned to the employer has its own experience rating.
A plan's premium will be higher for risky policyholders than for claim-free policyholders. In a nutshell, experience rating is the loss of premiums to an insured faction as a result of previous claims.
Therefore, Workers' compensation insurance is the most commonly associated with experience rating.
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explain what happens to the price sellers receive for their good under a tax if the elasticity of supply is perfectly elastic .
The more elastic the provision curve, the better sellers can cut back the amount oversubscribed rather than taking lower costs. During the market, wherever the demand and to provide are very elastic, the imposition of associate degree indirect tax generates low revenue.
If provide is elastic or demand is springless, customers can bear the whole burden of a tax. Conversely, if demand is elastic or provide is springless, producers can bear the whole burden of a tax.
The imposition of the tax causes the market value to extend and, therefore, the amount demanded to decrease. as a result, consumption is elastic, and the worth customers pay does not amend pretty much. as a result, production is springless, the quantity oversubscribed changes considerably.
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what is the difference between each pair of items? listed and unlisted securities brokers and market makers full-service and discount brokerage firms primary and secondary markets market order and good-till-canceled order cash account and margin account
The difference between each pair of items is listed and unlisted securities brokers.
A formal exchange, like the New York Stock Exchange, is used to trade listed securities. Over-the-counter (OTC) markets are where securities of unlisted companies are exchanged.
A financial instrument that is traded on an exchange like the NYSE or Nasdaq is referred to as a listed security. A private firm must determine which exchange to list on when it decides to go public and issue shares.
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which of the following should be included in the capital budgeting process? check all that apply. considering expansion projects over replacement projects. estimating sunk costs and adding them to the valuation. evaluating the riskiness of the projected cash flows. computing the present value of the expected cash flows.
The capital budgeting decision involves estimating sunk costs and adding them to the valuation and evaluating the riskiness of the projected cashflows.
The process a company uses to assess potential big projects and investments is considered a capital budgeting. Before such a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the building of a new facility or a significant investment in a 3rd parties enterprise.
A business may examine the lifespan cash inflows and cash outflows of a potential project as part of the implementation process to determine whether the projected returns will satisfy an adequate target standard. The process of capital budgeting is also referred to as investment appraisal.
The complete question is here:
Capital budgeting involves evaluating the value of long-term assets or projects.
Which of the following should be included in the capital budgeting process? Check all that apply.
-Estimate sunk costs and add them to the valuation.
-Compute depreciation using different methods to include in the analysis.
-Include all relevant cash flows.
-Evaluate the riskiness of the projected cash flows.
-Consider expansion projects over replacement projects.
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each year the mccormick hardware store places one order for riding lawn mowers in february. the selling season is april-august. the following probability distribution of demand is assumed by mccormick: demand probability 0 10% 1 15% 2 30% 3 20% 4 15% 5 10% the lawn mowers are purchased by mccormick from the wholesaler at $3,000 per unit and sold for $4,250 per unit. mccormick anticipates being able to liquidate surplus (
The sale price of any leftover mower this year is $250. If we assume the following probability distribution for demand. There are 30 lawn mowers, of which seven are defective, sold to a hardware store. If the store manager inspects six of the lawn mowers.
The selling season is from April to August. Lawn mowers are purchased from the wholesaler for $3,000 per unit and are sold for $4,250. McCormick assumes the following demand probability distribution: demand probability 0 10% 1 15% 2 30% 3 20% 4 15% 5. Alternatively, the increasing convergence of automation and IoT development would drive demand for mowers robotics. McCormick Hardware stores an order for mowers each February. The selling season is from April to August. Lawn mowers are purchased from the wholesaler for $3,000 per unit and are sold for $4,250. McCormick anticipates being able to sell surplus lawn mowers (= not sold during April-August) during the "late summer" sale in September. The sale price of a surplus lawn mower is $2,500. McCormick assumes the following probability distribution of demand: The factory price of a lawn mower is $2,250. The purpose of this task is to explore the incentive alignment in the supply chain consisting of McCormick and its wholesaler. Let us denote the current contractual arrangement between McCormick and the wholesaler, captured above, as Traditional Contract. Two alternatives to the Traditional Contract are being considered: Revenue Sharing Contract and Surplus Reimbursement Contract. In the first, the wholesale price will drop from $3,000 to $2,600, but McCormick will have to give 10% of his sales revenue to the wholesaler. In the latter, the wholesaler will pay McCormick $400, in effect a rebate, for each surplus lawn mower.
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a process manufacturer that uses the weighted-average method reports the following. conversion units percent complete beginning work in process inventory 21,000 90% units completed and transferred out 91,000 ending work in process inventory 26,000 40%
Units completed and transferred out = 98,000 Units.
A producer is someone or a company that produces completed goods from raw substances by way of the usage of numerous tools, gadgets, and strategies, after which sells the goods to customers, wholesalers, vendors, outlets, or to other manufacturers for the production of more complex goods.
Manufacturing is defined because of the advent of new products, both from uncooked substances or additives. Examples of manufacturing include automobile companies, bakeries, shoemakers and tailors, as they all create products, as opposed to presenting offerings.
A manufacturer is any commercial enterprise that produces finished items from raw substances. They promote these items to customers, wholesalers, vendors, outlets, and other manufacturers trying to create extra complicated gadgets. producers typically stick with one type of product.
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The components of global market assessment include a minimum number of franchises in operation. no obvious trade alliances the value of exports. infrastructure and technological analysis. the maximum amount of direct investment.
The components of global market assessment include option c, infrastructure, and technological analysis.
The global market assessment is collecting data and analyzing data from a country where the company has not operated yet. The global market assessment is different from the domestic market as the data collected and analyzed is from the market of other countries.
The assessment is designed first, followed by the collecting of data through social media or fieldwork, and then analysis of the data to create a final report. These assessments could range from understanding customer demands and trends to product development. The assessment includes infrastructure and technological analysis as they are the most crucial steps in setting up production in another country.
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a mortgage prepayment penalty calculated to equal the amount of interest income the lender loses due to prepayment is frequently used in commercial property mortgages, and is called a:
A mortgage prepayment penalty calculated to equal the amount of interest income the lender loses due to prepayment is frequently used in commercial property mortgages and is called Prepayment Penalty.
What is mortgage?
A mortgage is a debt that the borrower uses to purchase or maintain a home or other form of premises and concordance to pay back extra time, typically in a sequence of regular payments. The property serves as collateral to secure the loan.
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Prepayment Penalty is a term that is widely used in commercial property mortgages to refer to a mortgage prepayment penalty that is computed to be equivalent to the amount of interest income the lender loses due to prepayment.
What governs a mortgage in principle?Principal, interest, taxes, and insurance are the usual four components of a mortgage payment. The amount that is deducted from your outstanding loan balance is known as the principal component. The expense of borrowing money is interest. Your interest rate and loan balance together decide how much interest you pay. Getting a mortgage is a terrific way to buy a house. While the value of your home rises, you can continue to make your monthly payments. This enables you to increase your home's value and generate income. An agreement in principle for a mortgage typically lasts for 30 to 90 days. After the 90-day mark, it may be possible to renew the terms of the contract; if not, new conditions may need to be negotiated.
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T/F the aim of the research was to explore perceptions of factors that may influence individuals to become radicalised. a semi-structured interview was carried out with 30 participants (15
The main distinction between extremism and radicalization is that the former relates to a process, whilst the latter refers to a person's ideas. One of the issues with the term "radicalization" is that it leaves room for interpretation.
The three strategic goals of Prevent are to combat the intellectual challenge posed by terrorism, address the sources of radicalization, and address all kinds of extremism. Protect and assist individuals who are most at risk of radicalization by identifying them early and providing support.
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Qualitative research requires participants to have first-hand experience with the phenomenon. true or false?
What are the 6 factors that affect price?.
Product costs are the expenses incurred to produce a product.It is one of the key elements that determines a product's price.
The following are the top six price-influencing factors:
1. Product Cost: The total of all fixed costs, variable costs, and semi-variable costs incurred during the manufacture, distribution, and sale of the product is referred to as the product cost.
2. The Utility and Demand: When a product's price is low, consumers will purchase more of it, and the opposite is true.
3. The level of market competition: If there is little competition, a company can set any price for its product.
4. Government and Legal Requirements:
Monopoly-holding companies typically charge high prices for their goods.
5. Pricing Objectives: If a company is struggling to survive and is unable to compete, it may turn to free offers, discounts, or even try to liquidate its stock at BOP (Best Obtainable Price).
6. Marketing Techniques: The price of a product is influenced by a variety of marketing techniques, including the distribution system, the calibre of salespeople, advertising, type of packaging, customer service, etc.
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You decided to make the transition to cloud-hosted ERP services. This turns out to be a great decision because it makes the entire system more accessible for store locations throughout your region without requiring any significant investment in new hardware. As you learn more about what's involved in migrating to the cloud, you decide to tackle this project in phases by replacing one module of the old ERP system at a time. The POS (point-of-sale) and inventory management systems are the oldest and most out-of-date. Company executives have requested that you focus your initial efforts on upgrades that will have the biggest positive impact on customer satisfaction as soon as possible.
Which system do you start with?
They have the biggest effects on customers, the Inventory Management system should be upgraded first, then the POS (point-of-sale) system.
The POS system upgrade should come right after the inventory management system upgrade. The point of sale system will malfunction and need manual entry of customer data if the inventory management system isn't functioning. It is necessary to prevent the POS from malfunctioning.
The two systems should be upgraded together for a smooth customer service experience because the POS is more dependent on the inventory management system.
As a result, to be compatible with the perpetual inventory system and the improved inventory management system, the POS system also requires a timely upgrade.
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Is a down payment a short term goal?.
Yes, down payment is a short term goal.
A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accompish soon. A short term goal is a goal you can achieve in 12 months or less. Examples include:Take a class, buy a new television, write my resume.
Short-term goals are the goals that you want to accomplish soon, usually within a year. A short-term goal may be something you want to do for its own sake. For example, you may want to clean out your closet, read that book that’s been collecting dust on your nightstand, save the money you need to go on a long-overdue vacation, or finally run a 10K.
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your organization uses the leadership grid to identify management styles. during your last performance evaluation, you received 360-degree feedback indicating that you use the country club management style. in what way could you improve as a manager?
By showing more concern for production As the manager's feedback matches that of the country club management style improves as a manager.
What is Feedback?Feedback is a response or piece of information that happens as a result of an individual's or group's actions or behavior. Positive and negative feedback are essential in a learning and development setting. Feedback encourages interaction and engagement and empowers students to take charge of their education. Effective feedback allows students to know where they stand in terms of performance and what they can do to improve.
A variety of options exist in eLearning to provide feedback to the student. Basic questions incorporated into the learning process can serve as a "knowledge check," with the feedback provided reinforcing learning objectives already covered in the content.
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which social media outlet has seen incredible growth, such that the company grows by 8 people per second?
Fa-ceb-ook is the social media outlet has seen incredible growth such that the company grows by 8 people per second.
What are social media outlet?Basically, a social media refers to an interactive media technologies that facilitate the creation and sharing of information, ideas, interests, and other forms of expression through virtual communities and networks.
Most of the users access a social media services through web-based apps on desktops or download services that offer social media functionality to their mobile devices. As the users engage with these electronic services, they create highly interactive platforms which individuals, communities, and organizations can share, co-create, discuss, participate, and modify user-generated or self-curated content posted online.
A Social Media Outlet refers to a distinct Non-Rights Holder whose editorial content is produced by that Non-Rights Holder within a third party social media website or web service (including a Non-Rights Holder You-Tube “channel", Fa-ceb-ook "profile" or "page" such as a Fa-ceb-ook "fan page") and which carries the branding of the Non-Rights Holder.
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which of the following physical security methods provides the ability to secure a company's assets and document any individuals physical time of entry?
Card access is one of the physical security measures that may be used to protect a business's assets and keep track of who entered the building physically when.
What is ability to work?If a tasks were reasonable and the working environment is appropriate, having work capacity in the first sense refers to possessing the standard regarding, the health necessary again for skill, as well as the occupational virtues necessary for handling the tasks.
What is ability and example?the capacity, ability, or skill required to perform a task: There is no questioning her competence. (plus to infinitive) She was able to communicate things succinctly & clearly. She is a strong woman with several skills.
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the standards for the new galaxy phone specify 4.1 direct labor-hours per unit at $12.10 per direct labor-hour. last month 1,600 units of the new galaxy phone were produced using 6,600 direct labor-hours at a total direct labor wage cost of $77,220. required: a. What was the labor rate variance for the month? b. what was the labor efficiency variance for the month?
a.The labor rate variance for the month $2,640 (Favorable).
b.The labor efficiency variance for the month $484 (Unfavorable).
Solution:The following is a calculation of labor rate variation and labor efficiency variance:
Variation in labor rates = Actual cost - (Actual hours x Standard rate)
= $77,220 - (6,600 × $12.10)
= $77,220 - 79,860
= $2,640 Favorable
Variation in labor efficiency = Standard rate (Actual hours - Standard hours)
= $12.10 × (6,600 - 1,600 × 4.1)
= $12.10 × 40
= $484 Unfavorable
Direct Labor:Direct labor (DL) expenses in accounting are the costs connected with paying people to produce a product or perform a service. Workers must be explicitly involved in the production or delivery of the product or service. One of the costs associated with manufacturing a product or delivering a service is direct labor expenditures. Furthermore, direct labor costs differ from indirect labor expenses.
The following are some examples of direct labor costs:
1.Wages paid to assembly line workers in a manufacturing context.
2.Wages given to restaurant kitchen staff in a service setting.
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TRUE/FALSE. one method of reducing burnout and also increasing experience and skills of service desk analysts is to rotate them through other positions in the department
Answer:
true
Explanation:
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Elizabeth is considering buying a $30,000 car. Which of these financing options will likely lead to the lowest monthly payment?.
Based on the available options, the financing options that will likely lead to the lowest monthly payment is a $3000 down payment, 6% interest, 84 months
What are the Financing OptionsFinancing options are a term that is used to describe the various ways in which one can finance a project or business.
In loans, financing option means different methods of repaying loans or debts.
Generally, considering the available, the option of a $3000 down payment, 6% interest, 84 months, this will give $340.71 per month repayment plan thus, it is considered to be the lowest months, because there is no interest on the number of payments.
Other options$3000 down payment, 6% interest, 60 months will give $477 per month repayment plan$0 down payment, 6% interest, 60 months will give $530 per month repayment plan$0 down payment, 0% interest, 36 months will give $883.33 repayment plan Various methods of financing options are:Crowdfunding financingVenture Capital funding financingBank financingCredit Unions.Peer-to-Peer Lending (P2P)Credit Cards.Margin Accounts.Public Agencies.Finance Companies.Business Financing, etc.Hence, in this case, it is concluded that the correct answer is a $3000 down payment, 6% interest, 84 months.
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Answer options to the question
$3000 down payment, 6% interest, 84 months
$3000 down payment, 6% interest, 60 months
$0 down payment, 6% interest, 60 months
$0 down payment, 0% interest, 36 months
Use a for loop with paired data that prints the following output and count how many people like chocolate ice cream. Sal likes vanilla ice cream Joy likes chocolate ice cream Eric likes mango ice cream Adam likes chocolate ice cream 2 people like chocolate ice creamPython please
like Pairs = [("Sal", ['vanilla', 'ice cream']), ("Joy", ['chocolate', 'ice cream']),
("Eric", ['mango', 'ice cream']), ("Adam", ['chocolate', 'ice cream'])] count = 0 # loop the pairs for name, likes in likePairs: # check if any person likes matches with chocolate and ice cream, then add +1 to count if(set(likes) == set(['chocolate', 'ice cream'])): count = count + 1 print(count, "people like chocolate ice cream")
OUTPUT
2 People like chocolate ice-cream
The laptop can only technique statistics that is has been given, or that it has gathered. This records is referred to as enter . it has been placed into the pc system . when the laptop has processed the data and completed the assignment it sends it lower back out. We call this statistics output.
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the ucc governs sales contracts, or contracts for the sale of goods. how does the ucc define a sale? describe what goods are, who is a merchant, and how these fall into the context of a legal sale of product.
The UCC governs sales contracts, or contracts for the sale of goods. Knowing the Uniform Commercial Code, or UCC, is very beneficial for companies that conduct sales.
The Uniform Commercial Code (UCC) regulates sales and other commercial activities. The UCC is a model, not a piece of legislation. It serves as a guide to promote consistency or uniformity among state legislation.
Tess is a buyer under the UCC since she enters into a contract to purchase goods. I am a trader since I frequently transact in things of this nature. College tents are what I make and sell for a living. I therefore possess understanding of and expertise in college tents.
The UCC intentionally holds merchants or individuals with expertise pertaining to the items at issue in the transaction in a different manner.
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a diversification strategy should avoid adding businesses that make excessive demands on nonfinancial resources, including which of the following? multiple select question. technology and information systems managerial talent marketing support surplus cash reserves
A diversification strategy must avoid adding businesses that place an undue strain on nonfinancial resources such as marketing support, managerial talent, technology and information systems.
What is diversification strategy ?When a company wants to grow, it employs a diversification strategy. It is the process of introducing a new product in to the your supply chain to boost profits. These products could be in a new industry segment that your company already operates in, which is known as business-level diversification.Diversification is a risk-management strategy used by businesses to expand into new markets and industries and increase profitability. This can be accomplished by introducing new products and services into new markets, attracting new customers, and increasing profitability.Diversification seeks to maximize returns by investing in various areas that will react differently to the same event.
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absorption costing is to gross margin as variable costing is to a.territory margin. b.gross profit. c.net income. d.contribution margin.
Option D. Absorption costing is to gross margin as variable costing is to d.contribution margin.
What is meant by absorption costing?A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
The absorbed-cost technique accounts for and combines—or, in other words, absorbs—all direct and indirect costs and expenses associated with producing a unit of a good.
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purchase option that is reasonably certain to be exercised and a lessee-guaranteed residual value are treated by the lessee and lessor when determining the payments..
The lessor can sell the leased asset for a guaranteed price at the end of the lease, according to a guarantee made by the lessee.
How may residual value be calculated for a lease?In your lease agreement or on the Kelley Blue Book website, look up the car's original worth. Subtract the estimated depreciation from the car's starting price. The total residual value of the vehicle is the new result.
what is the impact of residual value on lease payment?One of the most crucial elements in determining your monthly lease payments is residual value. The lower the difference between the car's current price and its expected value at the end, the higher the residual value.
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assume a project has earnings before depreciation and taxes of $15,000, depreciation of $25,000, and that the firm has a 25% combined tax bracket. what are the after-tax cash flows for the project?
The Earning before depreciation & Tax is $15000, depreciation is $25000. The corporate tax rate is 25%. The Cash Flow After Tax will be $17,500.
What do you mean by cash flow after tax?In Capital budgeting projects, analyst have to compute the annual cash flows after tax in order to compute the net present value of project. Cash Flow after tax (CFAT) are the cash earnings inflow earned by an entity by making sales or rendering services by infusing initial investment in business.
The Cash Flow after tax can be calculated by the following accounting equation at the year end:
CFAT = Sales - Variable Cost - Cash Fixed Cost - Depreciation, Interest & Corporate Tax + Depreciation or other non cash item.
If EBITDA is given,:
CFAT = EBITDA - Depreciation - Interest Cost - Tax Expenses (EBT × Tax rate) + Depreciation
∵ Earning Before Tax (EBT) ⇒ EBITDA - Depreciation
⇒ $15000 - $25000 = ($10000) minus
∵ Tax Benefit on Net Loss ⇒ EBT × 25%
⇒ $2500 ($10000 × 25%)
∴ Earning After Tax ⇒ EBT + Tax Benefit
⇒ ($10000) - $2500
⇒ ($7500)
∵ CFAT ⇒ EAT + Depreciation Cost
∵ CFAT ⇒ ($7500)+ $25000
∴ CFAT ⇒ $17500.
Therefore cash flows after adding back of non cash expenditure will be $17500.
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because __________, auditing every part of an organization and extending into all outsourcing partners may not be possible.
In internal auditing, every part of an organization and extending into all outsourcing partners may not be possible.
What is internal auditing?Internal auditing can be understood as an independent, objective assurance and consulting activity designed to add value and improve an organization's work.
It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Internal auditing might achieve the organization's objectives by providing insight and recommendations based on analyses and assessments of data and business processes.
Internal auditors are called by professionals to perform internal auditing activities in their organization.
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When a publisher’s sales representative visits the office of a university professor without an appointment to discuss the latest textbook offerings available, this is an example of.
When a publisher’s sales representative visits the office of a university professor without an appointment to discuss the latest textbook offerings available, this is an example of cold calling.
A potential customer who has never interacted with a salesman before is being cold called (often written with a hyphen). One of the oldest and most popular methods of telemarketing used by marketers is cold calling.
In contrast, warm calling involves approaching a client who has already shown an interest in the business or its products. Cold calling is a strategy used by salespeople to make contact with people who have not previously expressed interest in the goods or services being provided. Cold calling often refers to telemarketing or telephone solicitation, but it can also relate to in-person interactions, as those with door-to-door salespeople.
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What happens to Tom at the end of Huckleberry Finn?.
At the end of the Huckleberry Finn, Tom asks Huck to shed his ways and become a member of society, that is to become respectable.
The ending of Tom Sawyer served Twain as a jumping off point for his next novel, which he would not complete for another eight years: Adventures of Huckleberry Finn. It is as though he had discovered his favorite character in Huck, a person who lived apart from normal society and who, from the perspective of an outsider, would be able to criticize it.
Adventures of Huckleberry Finn incorporates several themes developed around a central plot to create a story. In this case, the story is of a young boy, Huck, and an escaped slave, Jim, and their moral, ethical, and human development during a journey down the Mississippi River that brings them into many conflicts with the society around them. What Huck and Jim seek is freedom, and this freedom is sharply contrasted with the existing civilization along the great river. This conflict between freedom and orderly civilization forms the overarching theme of the novel.
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In the economy of Solovia, the owners of capital get two-thirds of national income, and the workers receive one-third. a. The men of Solovia stay at home performing household chores, while the women work in factories. If some of the men started working outside the home so that the labor force increased by 5 percent, what would happen to the measured output or the economy? Does labor productivity-defined as output per worker-increase, decrease, or stay the same? Does total factor productivity increase, decrease, or stay the same? b. In year 1, the capital stock was 6, the labor input was 3, and output was 12. In year 2, the capital stock was 7, the labor input was 4, and output was 14. What happened to total factor productivity between the two years?
a. A five percent increase in labor input will increase output by 1.67 percent in Solovia.
The labor productivity-defined as output per worker will fall for 3.34 percent.
Total factor productivity growth is zero.
b. Total factor productivity will fall by approximately 5.6 percent.
What is labor productivity?
An economy's hourly output is ascertained by labor productivity. It specifically shows how much real gross domestic product (GDP) is generated in a given hour of labor. Savings, investments in new technology, and human capital are the three key drivers of labor productivity growth.
Calculation:
a. Since total output depends on productivity, labor and capital, it can be written as,
[tex]\frac{\Delta Y}{Y}=\frac{\alpha \Delta K}{K}+(1-\alpha )\frac{\Delta L}{L}+\frac{\triangle A}{A}[/tex]
There's a 5% increase in labor, therefore,
[tex]\begin{array}{l}\frac{\triangle K}{K}=\frac{\triangle A}{A}=0 \\\\\frac{\triangle Y}{Y}=\frac{1}{3} \cdot 0.05 \\\\\frac{\triangle Y}{Y}=0.0167\end{array}[/tex]Therefore, a 5% increase in labor increases output by 1.67%.
Labor productivity is,
[tex]\begin{array}{c}\frac{\triangle Y}{Y}=\frac{\triangle\left(\frac{Y}{L}\right)}{\frac{Y}{L}}-\frac{\triangle L}{L} \\\frac{\triangle\left(\frac{Y}{Y}\right)}{\frac{Y}{L}}=0.0167-0.05=-0.0334\end{array}[/tex]
Therefore, labor productivity falls by 3.34%.
Now, to find the total factor productivity change,
[tex]\begin{array}{c}\frac{\triangle A}{A}=\frac{\triangle Y}{Y}-\frac{\alpha \triangle K}{K}-(1-\alpha) \frac{\triangle L}{L} \\\\\frac{\triangle A}{A}=0.0167-0-\frac{1}{3} \cdot 0.05=0\end{array}[/tex]
Therefore, there is no change in total factor productivity.
b. Between the years capital stock grows by [tex]\frac{1}{6}[/tex] input grows by [tex]\frac{1}{3}[/tex] and output grows by [tex]\frac{1}{6}[/tex] .
[tex]\begin{array}{c}\frac{\triangle A}{A}=\frac{\triangle Y}{Y}-\frac{\alpha \triangle K}{K}-(1-\alpha) \frac{\triangle L}{L} \\\\\frac{\triangle A}{A}=\frac{1}{6}-\frac{2}{3} \cdot \frac{1}{6}-\frac{1}{3} \cdot \frac{1}{3} \\\\\frac{\triangle A}{A}=\frac{3}{18}-\frac{2}{18}-\frac{2}{18} \\\\\frac{\triangle A}{A}=-\frac{1}{18}=-0.056\end{array}[/tex]
Therefore, total productivity falls by 5.6%.
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In a waiting line system, suppose the arrivals are random with an average of 6 customer per hour, whereas the average capacity of the service facility is 20 customers per hour.
Which one of the following is false?
Multiple Choice
Service time may exceed 3 minutes per customer.
Utilization is 0.3.
Customers do not wait because of the low utilization.
Average inter-arrival time is 10 minutes.
Common quantity of clients ready in line is the subsequent measures of machine overall performance is a key degree with recognize to consumer satisfaction.
The required details for customer in given paragraph
In sales, trade, and economics, a consumer (on occasion referred to as a patron, buyer, or purchaser) is the recipient of a good, service, product or an concept - received from a dealer, vendor, or supplier thru a economic transaction or exchange for money or a few different valuable consideration. Clients who habitually go back to a dealer broaden customs that permit for normal, sustained trade that lets in the vendor to broaden statistical fashions to optimize production processes (which alternate the character or shape of products or services) and deliver chains (which adjustments the vicinity or formalizes the adjustments of possession or entitlement transactions). The time period patron is derived from Latin customers or care meaning "to incline" or "to bend", and is associated with the emotive concept of closure. It is broadly believed that humans handiest alternate their conduct whilst inspired by greed and fear.
Winning a patron is, therefore, a unique event, that is why expert experts who cope with precise troubles generally tend to draw long-time period customers in preference to normal clients. Unlike normal clients, who purchase simply on rate and value, long-time period customers purchase on revel in and trust.
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