The income approach to value rely is based on the idea that the market value is related to rent or income that a property can return hen valuing single-family and two- to four-unit properties.
How do this phenomenon works?
Income approach is a type of real estate method that allows investors to estimate the value of a property based on the income the property generates ( either through rent or income).
While dealing with single family and two to four unit properties appraisers uses the sales comparison approach because the income varies from location to location and also the relative factors associated with it. According to the given area, rent and income generated is considered to calculate its reliance.
Therefore, The income approach to value rely is based on the idea that the market value is related to rent or income that a property can return hen valuing single-family and two- to four-unit properties.
To know more about Income approach from given link
https://brainly.com/question/14334195
#SPJ4
carlito is considering the purchase of a new lawnmower for his home. he has a few options in mind and begins evaluating them in terms of price, warranty, and service. these components can best be described as part of the
He has a few options in mind and begins evaluating them in terms of price, warranty, and service. These components can best be described as part of the Product part .
What is a Warranty?
A warranty is a promise that a producer or other similar entity makes about the state of their product. It also refers to the conditions and circumstances under which fixes or exchanges will be provided in the event that the product does not perform as originally intended or stated. Typically, warranties feature exclusions that restrict the circumstances in which a manufacturer is required to fix a defect. For instance, many home appliance warranties only cover the equipment for up to a year after the date of purchase. In general, they are only covered if the product has issues because of subpar materials or poor workmanship. Numerous vendors provide extended warranties as a result of the constrained manufacturer warranties. Extended warranties are essentially paid-for product insurance packages.To know more about Warranty visit:
https://brainly.com/question/15117937
#SPJ4
which of the statements below is correct regarding the difference between a temporary account and a permanent account? multiple choice question. temporary account balances are carried to the next accounting period. permanent account balances are transferred to the owner, capital account. a permanent account will not appear on a post-closing trial balance. a temporary account will not appear on a post-closing trial balance.
The difference between account and a permanent account is A post-closing trial balance will include permanent accounts.
PAN gives the department the ability to connect all of the "person's" transactions to the department. Tax payments, TDS/TCS credits, income returns, specific transactions, correspondence, and so on are examples of these transactions. PAN serves as the "person's" identification with the tax department. Any "person" who applies for it or to whom the department assigns the number without an application will receive a Permanent Account Number, which is issued by the Income. Two of the most crucial but underappreciated aspects in the mortgage process are the mortgage closing and the post-closure. Despite being the last stage in concluding a real estate deal, the mortgage closing procedure is now more closely watched due to high numbers of foreclosures, particularly following the housing market meltdown of 2009
Learn more about permanent account visit https://brainly.com/question/14016365
#SPJ4
subsidiary x, located in a country with a 25% corporate income tax rate, and subsidiary y, located in a country with a 35% corporate income tax rate are part of a decentralized organization. they have been engaged in trade with one another using a negotiated transfer price of $50 per unit for sales by subsidiary x to subsidiary y. the parent company of both subsidiary x and subsidiary y recently set a discretionary transfer price of $90 per unit for the transfers between x and y. how will subsidiary managers in the decentralized organization view this decision by parent company management? group of answer choices the manager of subsidiary y will be concerned about the decline in subsidiary y's profit and the effect this will have on his/her bonus. they will embrace it whole-heartedly because corporate profits will increase. they won't mind because the intercompany transaction will still occur. they won't notice because all decisions in the decentralized organization are made by the parent.
"The manager of subsidiary y will be concerned about the decline in subsidiary y's profit and the effect this will have on his/her bonus."
The general manager of a wholly owned subsidiary can follow the rules set forth by the parent company without raising any objections, but the manager of a joint venture subsidiary must take into account the wishes and ideas of the secondary partner and the parent company because they both own the business and have decision-making authority.
A joint venture is a business that was founded, is owned by, and is run by two or more businesses. In a joint venture, the partners may be equally divided, or one partner may own a larger portion of the company. A single business owns a totally owned subsidiary and retains control over it.
To learn more about Subsidiary here:
brainly.com/question/28177776
#SPJ4
one of the factors listed below determines the shape of the aggregate demand curve. which one does this?
The real balance effect is the factor that determines the shape of the aggregate demand curve.
The balance is the sum owing on an account in banking and accounting. In accounting, the term "balance" refers to the difference between the total of debit entries and the total of credit entries made into an account for a certain financial period. A debit balance is displayed when there are more total debits than total credits. The demand curve is a graphical depiction of the relationship between the cost of a good or service and the amount demanded over a specific time period. Individual and market demand curves are the two different types of demand curves. It shows a graphic depiction of the demand schedule. It can be made by graphing the relationship between price and quantity demanded.
Learn more about demand curve here :
https://brainly.com/question/13131242
#SPJ4
If student loans are such a problem, why do you think so many students borrow money?.
Students borrow money although student loans are such a problem because college tuition has grown a lot faster than income. They don't have the money needed to continue their education, therefore needing to take a loan.
A student loan is a loan a student took to pay for higher education expenses, such as tuition, supplies, books, and living expenses. In the U.S., college costs (and all its related expenses) are getting very expensive at a much faster rate than income, especially compared to other wealthy countries that have subsidized education. Most people who took student loans for their higher education are having difficulties in saving, which result in them hardly being able to afford a house. They are also less likely to take out car loans.
Learn more about student loans at https://brainly.com/question/16724065
#SPJ4
which are elements of the indenture? check all that apply: description of collateral basic terms of the bonds, such as coupon rate and maturity date repayment arrangements price of the bond description of protective covenants
Description of collateral basic terms of the bonds are elements of the indenture. An indenture is a formal contract or deed entered into by two or more parties.
An indenture, which dates back to mediaeval England, is a special agreement within a contract that is documented with a specific period or significance. An indenture agreement is a legally binding instrument or contract between two or more bonds parties that defines terms and conditions. A real estate sale, a bankruptcy procedure, or debt agreements can all be governed by indenture agreements. An indenture is a real estate deed in which the two parties agree to continue without responsibilities.
To learn more about indenture, click here.
https://brainly.com/question/4850869
#SPJ4
stanley is building a robot in the year 2054. fulfilling a fantasy and taking advantage of the technology available, he decides to make his robot have a female form and be physically appealing. to have the most success in this, what should he do?
Stanley is building a robot in the year 2054.To have the most success in this, he can Create a robot with a face that is the composite of attractive faces.
Technology:Technology makes the people a better place. It gives us the freedom to live in a better way and helps make our life easy. Technology helps in better communication, treatment of conditions, has helped passed space, and wherever you look around, it's there. It not only helps elaborate the current but also the future.
Which technology will impact the future?Artificial intelligence technology, or AI, and machine literacy relate to the capability of machines to learn and act intelligently, meaning they can make opinions, carry out tasks, and indeed prognosticate unborn issues grounded on what they learn from data.
Learn more about advantages of technology:
brainly.com/question/1162014
#SPJ4
because of the belief that accounting based numbers such as roi, roe, and eps are not reliable indicators of a corporation's economic value, which method of corporate performance is now touted?
Shareholder value is the method of corporate performance which belief that accounting based numbers such as roi, roe, and eps are not reliable indicators .
What is Shareholder value ?
A word used in business is "shareholder value," which is often referred to as "shareholder value maximization." Along with the management idea of value-based management, or "managing for value," it rose to prominence in the 1980s and 1990s.
Shareholder Value is the portion of a publicly listed company's capitalisation that is comprised of equity as opposed to long-term debt. This would be about equal to the number of outstanding shares times the current share price if there were only one type of stock. Dividends and the like increase shareholder value, but the issuance of shares (stock options) decreases it. The average/required rise in value should be compared to this shareholder value contributed, taking into account the organization's cost of capital.
To learn more about Shareholder value checkout the link below :
https://brainly.com/question/2558165
#SPJ4
trevor has had his smart phone for a few years, which has been working fine for him. he doesn't have any economic or philosophical concerns with updating to a new phone, yet he is usually more skeptical than his friends of new technologies. unfortunately, trevor's phone has decreased in performance, so much so that he can no longer access data without waiting for several minutes at a time. trevor has now decided that it is time to buy a new phone that most of his friends who typically buy new products sooner than him have used for a few months now. he has done his research and is willing to jump in knowing that the phone's reviews are overwhelmingly positive now that all the bugs have been fixed and quite a bit of the majority of people are happily using the technology at this point. according to rogers, trevor would best fit as which type of adopter?
Trevor is a “Late Majority” type of technology adopter.
In comparison to the other three classes of users, the late majority is somewhat more pessimistic regarding product acceptance. They tend to be risk-averse and focus primarily on tried-and-tested solutions. As you may anticipate, in comparison to the other categories of adopters, this group has less financial resources, a lower social standing, and less interaction with thought leaders and innovators. Rarely do the late majority provide any kind of thought leadership in a particular sector. They will probably arrive as product differentiation occurs and the product has established itself in a particular niche in the market.
To Know more about technology adopters :
https://brainly.com/question/29218572
#SPJ4
What is the best example of an etiquette guideline new employees should follow?
A set of rules for how to act around coworkers, potential business partners, and clients is known as business etiquette. Essentially, it comes down to showing respect for others, being aware of everyone around you, and generally being polite.
Here are the top workplace etiquette rules that everyone should follow:
When you first meet someone, present a professional image by dressing appropriately and using a formal greeting.
Respecting everyone's time and space at work will help to keep the atmosphere positive.
Be just as professional in emails as you are in person. Don't let manners slip just because you interact with team members online.
Learn more about to etiquette visit here : https://brainly.com/question/27404382
#SPJ4
based solely on their current weighted average cost of capital, which company should pursue an investment opportunity with an expected return of 6.5%? only company a both company a and company b only company b neither company a nor company b
Based solely on their weighted average cost of capital, both companies should pursue an investment opportunity with an expected return of 6.5%.
What is investment?Investment is the commitment of funds toward the acquisition of an asset with the goal of achieving a growth in value over time. A current item, such time, money, or effort, must be sacrificed in order to invest. The possibility of losing all or a portion of an investor's invested capital exists. Contrary to arbitrage, which involves neither risk-taking nor capital investment, investment requires both.
Savings carry a default risk from the financial institution. Foreign exchange risk also applies to savings accounts held in foreign currencies. If the currency of a savings account is different from the account holder's native currency, there is a chance that the exchange rate will change unfavorably, lowering the value of the savings account.
To learn more about investment, visit:
https://brainly.com/question/15105766
#SPJ4
what are some of the potential consequences of large deficits and accumulated debt according to the memo?
Large annual deficits and debt, they cautioned, could result in unsettling, even disastrous, protracted recessions, rising interest rates, rising inflation, fewer opportunities for upward mobility, a weaker dollar, a falling stock market, and a massive sell-off of foreign governments' holdings of U.S. Treasuries.
What is inflation?In the field of economics, inflation is the general term for an increase in the cost of goods and services across an economy. Each unit of currency can purchase fewer goods and services as the general price level rises; therefore, inflation is associated with a decline in the purchasing power of money. The majority of economists concur that persistently excessive growth in the money supply is the primary cause of high inflation as well as hyperinflation, both of which have extremely disruptive effects on the real economy. There is a wider range of opinion regarding inflation that is low to moderate. Real demand changes for goods and services or adjustments to the supply, such as those that occur during shortages, may be the cause of low or moderate inflation. Both positive and negative effects of moderate inflation are seen in economies.
To learn more about inflation, visit:
https://brainly.com/question/28190771
#SPJ4
on a balance, sheet, the value of the merchandise or products that the firm has on hand to sell to customers is called
On a balance, sheet, the value of the merchandise or products that the firm has on hand to sell to customers is called Accounts receivable.
Merchandise is the practice and technique of showing and promoting products to customers. whether digital or in-save, shops use merchandising to persuade client rationale and reach their sales goals.
A vending company is a commercial enterprise that purchases completed merchandise and resells them to customers. remember your neighborhood grocery store or retail apparel save. each of these is vending company.
Learn more about merchandise here: https://brainly.com/question/17092140
#SPJ4
when firms exit a perfectly competitive market, what is the impact on prices? group of answer choices prices go down. there is no impact on prices. prices go up. prices will rise but then return to previous level because the demand will automatically adjust.
When firms leave a perfectly competitive market, prices rise but then return to their old levels as demand automatically adjusts. Here option D is the correct answer.
Because in perfect competition, the market price remains constant in the long run. And a single firm cannot change the market price because many are in a perfectly competitive market.
According to economic theory, perfect competition occurs when all firms sell identical products, market share does not affect prices, firms can enter or exit without barriers, buyers has perfect or complete information, and the business cannot determine the price.
For example, when we assume that a large company exits the market and the market supply decreases in the short run, prices are high in the short run and the firms generate supernormal profits in the short run, but in the long run. term, new firms are entering the market. for this benefit and the conditions of free entry.
To learn more about competitive market
https://brainly.com/question/7024827
#SPJ4
please review the presentation on financial modeling and forecasting. please review the microsoft corporation case study (financial statement) and submit a paper explaining the components of the spreadsheet and the findings. what is your financial recommendation for forecasting regarding future profits, liabilities, assets, a deficient, etc?
financial recommendation for forecasting regarding future profits, liabilities, assets, a deficient, etc.
A financial advisor or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete special training and be registered with regulatory authorities in order to provide advice.
Financial Advice is in the business of advising others to plan and/or provide advice regarding the selection, purchase, or sale of financial instruments to achieve investment, risk management, or risk mitigation objectives. I mean process.
An investment recommendation is information that expressly or implicitly recommends or suggests an investment strategy relating to one or more financial instruments or issuers, and an opinion as to the current or future value or price of those instruments. and is intended for distribution channels.
Learn more about Financial Advice https://brainly.com/question/28007394
#SPJ4
what is a common strategic mistake made when evaluating differences with competitors? group of answer choices
We believe we are distinct from competitors, but the customer says otherwise.
Why should a customer choose you over a rival?
It's possible that you offer something of a higher quality, a lower price, a superior set of features, or something that is completely unique. Determine the most significant advantages of your product or service that you offer that your rivals do not, or the aspects of your business that set you apart from them (faster delivery, lower prices, etc.).
But when we talk about a "competitor," what exactly do we really mean?
Any alternative that a customer considers when making a decision is a competitor.It's possible that your rival is a business that offers the same products as you do.
Learn more about product or service here:
https://brainly.com/question/25922327
#SPJ4
recently issued bonds that mature in 17 years. they have a par value of $1,000 and an annual coupon of 11.8%. if the current market interest rate is 10%, what is the current yield of this bond?
The current yield on his bond is 10.31%.
How much does interest cost?the portion of a loan that the borrower must pay as interest; this proportion is sometimes shown as an annual percentage of the loan balance.
example:
The rate informs you of the precise amount of interest you will earn or pay on a loan. For instance, $6 ($100 X 0.06) would be the interest on a $100 loan at a nominal interest rate of 6%. The interest rate does not change as the loan's size increases. The borrower would continue to pay 6% even if the debt rose to $1,000.
Information provided:
Face value = future value = $1,000
Time = 17 years
Coupon rate = 11.8%
Coupon payment = 0.118%*1,000 =$118
Yield to maturity = 10%
Enter the below in a financial calculator to computer the present value:
FV = 1,000
N = 17
PMT = 118
I/Y = 10
Press the CPT key and PV to computer the present value.
The value obtained is 1,144.39.
Therefor the price of the bond is $1,144.39.
Current yield = $118/$1,144.39*100
= 0.10*100
= 10.31%
To know more about current yield, visit:
https://brainly.com/question/17925049
#SPJ4
what is the predetermined overhead rate, and why do companies use this calculation to apply manufacturing overhead?
An allocation rate for manufacturing costs that are incurred indirectly during the production of a product is known as a predefined overhead rate (or several products). It is employed to predict the expenses of future manufacturing.
Because manufacturing overhead expenses are hard to track, businesses frequently utilize predetermined overhead rates instead. Normally, overhead costs are computed at the end of an accounting period, but managers need to be aware of this information before the end of the year so they can evaluate the performance of the business. In addition, compared to actual overhead costing, predetermined overhead rates make it simple to record production expenses.
To know more about overhead rates refer:
https://brainly.com/question/17302739
#SPJ4
the following statements describe why it is important to make the consumer aware of the brand name. choose a false statement. a. consumers are more likely to put a familiar brand in their top-of-mind, compared to unfamiliar brands. b. consumers are more likely to choose a familiar brand, compared to unfamiliar brands. c. consumers tend to learn something about a familiar brand faster than unfamiliar brands. d. consumers tend to perceive a familiar brand as cheaper and more irrational purchases, compared to unfamiliar brands. e. marketing communications for familiar brands are easier and more effective than unfamiliar brands.
The false statement is: marketing communications for familiar brands are easier and more effective than for unfamiliar brands.
Brand equity refers to the worth an organization gains from a product with a recognizable and loved name compared to a generic equivalent.
The company's assessment of the market was hardly objective. They saw the 'broken' as a drag that their product resolved. A complete is among the foremost necessary assets an organization has. As a result, it represents the corporate and helps keep it in consumers' minds.
Brand equity refers to the worth an organization gains from a product with a recognizable and loved name compared to a generic equivalent.
To learn more about brand equity, visit here
https://brainly.com/question/15105000
#SPJ4
walt disney company recently announced it would no longer allow its characters to be used in promoting unhealthy foods. in branding strategy, what does this change? from both ethical and marketing perspectives, does this change make sense?
Nearly one-third of the children in the United States are overweight or obes.
What is meant Branding strategy ?
Every business owner who wants to expand their enterprise successfully must have a solid brand strategy. Businesses may determine their long-term objectives and the kind of firm they run with its assistance. Entrepreneurs strive towards their accomplishment and monitor their progress after identifying important goals. They are informed as to whether they are moving in the correct path by a thorough brand strategy.
A company's intangible assets that give it market competitiveness and consumer value are referred to as its brand. The benefits of developing a strong strategy include increased sales, increased client loyalty, and the development of a positive reputation and market position. People identify a certain business with favorable feelings and ideas, which leads to purchase decisions. Brand equity rises as a result.
To learn more about Branding strategy checkout the link below :
https://brainly.com/question/6412726
#SPJ4
as the marketing vice president of her firm, faye is implementing a companywide pricing policy that all products must achieve a target profit margin of 10 percent so the firm can achieve its overall growth objectives. what type of company objective is this?
The objective that the company is following is referred to as a goal-oriented objective or profit-oriented objective.
What is profit oriented objective?A business goal is a goal or result that an organization wants to achieve. Business goals are measurable and effectively describe the actions required to accomplish a task.Common business goals are to increase profitability, increase productivity, improve customer service and experience, reduce employee turnover, establish and maintain a positive company culture, and even create more reach for your customers.A commercial price target means that a company strives to maximize the profit of each sale or service it offers and achieve long-term business profitability.It requires pricing to achieve the desired profit, return on sales, or return on investment. There are three profit-oriented pricing strategies such as:Target Profit Pricing. Target rate of return on the sales price.To know more about profit-oriented objectives refer to:
https://brainly.com/question/15969466
#SPJ4
the united states and the european union impose price floors on many agricultural products. these price floors lead to unwanted surpluses. to deal with a surplus: question 6 options: a) the u.s. government typically pays farmers to produce as much as possible. b) the european union pays farm exporters to sell products for a profit overseas. c) the u.s. government in some cases has destroyed the surplus production. d) the u.s. government holds auctions to sell the surplus to the highest bidder.
To deal with a surplus the European union pays farm exporters to sell products for a profit overseas. A sum that is greater than what is required.
A surplus of sth The plant possessed an abundance of components. ACCOUNTING AND ECONOMICS the amount of money left over after products selling more than you acquire or spending less than you receive: The savings will result in a little more than $24 million surplus. When you have more of anything than you need or intend to utilise, you have a surplus. For example, if you cook a meal and there is food left over after everyone has eaten, you have an excess of food.
To learn more about surplus, click here.
https://brainly.com/question/15416023
#SPJ4
for students not wanting a traditional major in marketing or accounting, for example, the college decided to create a general business major, which allowed any combination of the easiest business courses to comprise the program. the competitive priority achieved in this example is: group of answer choices low-cost. delivery speed. consistent quality. customization.
The competitive priority achieved by the college in this example is referred to as customization. Therefore, option D holds the correct answer which is 'customization'.
Customization is referred to the process in which changes in the products and services are provided based on the needs and wants of consumers. As per the given scenario where to acieve the competitive priority, the college created a customized 'General Major' subject based on the students' wants and needs. Since students did not show interest in studying the traditional major courses i.e. Accounting or Marketing. Customization allowed the college to combine the easiest study material from both Accounting and Marketing courses.
You can leanr more about Customization at
https://brainly.com/question/3520848
#SPJ4
what is the macaulay duration of a bond with a coupon of 5.0 percent, seven years to maturity, and a current price of $1,050.70? what is the modified duration?
The Macaulay duration of a bond with a coupon of 5.0 percent, seven years to maturity, and a current price of $1,050.70 is 6.102 years . The modified duration is 5.859 years.
A bond is a loan that the bond customer, or bondholder, makes to the bond company. Governments, groups and municipalities issue bonds when they want capital. An investor who buys a central authority bond is lending the authorities cash. If an investor buys a corporate bond, the investor is lending the enterprise cash.
In finance, a bond is a kind of safety beneath which the issuer owes the holder a debt, and is obliged – relying on the terms – to repay the main of the bond at the adulthood date as well as interest over a targeted quantity of time.
A bond is a debt security, just like an IOU. debtors difficulty bonds to raise money from traders willing to lend them money for a certain amount of time. whilst you purchase a bond, you're lending to the issuer, which may be a central authority, municipality, or corporation.
Learn more about bond here : https://brainly.com/question/25965295
#SPJ4
what are the core processes of business identified by bossidy and charan? (choose every correct answer.)
Understanding the backgrounds of the two authors can help you better understand this management technique. Larry Bossidy has successfully led a number of businesses to great success. He changed the business while serving as CEO of Allied Signal, earning him the 1998 CEO of the Year award.
Additionally, he was the COO and the Chairman and Former CEO of Honeywell International. Ram Charan serves as a board of director and senior executive advisor. He has done business with firms like GE, Bank of America. Based on the authors' experience, there is positive news for leaders in execution.
The capacity to make a strategy and follow it to achieve great things is a skill that can be learnt, just like any other discipline. But it necessitates a little different mentality than what most leaders are used to.
To know more about management, click here:-
https://brainly.com/question/29023210
#SPJ4
this year darius provided services to several clients, each of whom paid with different types of property. which of the following payments is not included in darius's gross income? a) cash b) shares of stock listed on the new york stock exchange. c) a used car d) gold coins e) all of these are included in gross income
This year darius given administrations to a few clients, each of whom paid with diverse sorts of property. the taking after installments isn't included in darius's net pay cash , offers of stock recorded on the modern york stock trade, a utilized car, gold coins all of these are included in net income
How much do you make in total?Before benefits, taxes, and other payroll deductions are deducted from wages, gross pay is what employees are paid. Take-home pay, or net pay, refers to the amount that remains after all withholdings have been accounted for.
What is gross and net income?The total revenue generated by sales of goods and services during a given time period is known as gross income. The profit that remains after subtracting all expenses from gross income is called net income. The key to understanding the financial health of your business is knowing the difference between the two.
Learn more about gross income here:
https://brainly.com/question/13793671
#SPJ4
Suppose that congress were to institute an investment tax credit. What would happen in the market for loanable funds?.
An investment tax credit is a tax incentive that allows businesses to write off a portion of the cost of investing in new equipment or property. The credit is typically a percentage of the cost of the investment, and it can be used to offset income tax owed.
The impact of an investment tax credit on the market for loanable funds is twofold. First, it increases the demand for loans, as businesses seek to finance their investments. This increases the price of loans, and makes it more difficult for borrowers to obtain financing. Second, it decreases the supply of loanable funds, as businesses use the credit to reduce their income tax liability. This decrease in the supply of loanable funds drives up the interest rate.
Learn more about Investment tax at : https://brainly.com/question/13077963
#SPJ4
what might a private landowner do with land that they want to conserve and support the oregon act for sustainable land management?
A private landowner do with land that they want to conserve and support the oregon act for sustainable land management convert the land to a prairie or a grassland.
What is the job of landowner?The extensive ecosystem services that are given on a landowner's property may be protected by the landowner's autonomy in preserving the property and their position as stewards of the land. No matter how harmless, government involvement in land use may be seen as unworkable.
What exactly is a landowner contract?An agreement in writing between a public entity and a landowner granting access to the house for the purpose of inspecting project-related elements is known as a landowner agreement.
To know more about landowner visit:
https://brainly.com/question/22400838
#SPJ4
an auditor must obtain professional experience primarily to group of answer choices receive a positive employment evaluation. exercise professional judgment. receive a favorable peer review. earn a specialty designation by the aicpa.
To exercise professional judgment, an auditor has to have professional experience.
The auditor must use professional judgment in order to successfully carry out his tasks. He must interpret GAAS and ethical standards in order to make wise judgments. This may be acquired via education and practical experience.
Using professional judgment entails accepting accountability for your actions and being able to do so in all situations. Even when an RD uses outstanding professional judgment, unfavorable client outcomes may nonetheless occur through no fault of her own.
Choosing whether to use a strategy like zero-based budgeting in any area of a company is one example that comes to mind.
To learn more about professional judgment
https://brainly.com/question/28238551
#SPJ4
during 2022, jasmine (age 12) received $7,200 from a corporate bond. she also received $740 from a savings account established for her by her parents. jasmine lives with her parents and she is claimed as a dependent in their tax return. assuming her parents' marginal tax rate is 24%, what is jasmine's gross tax liability? (use tax rate schedule, standard deduction.)
Assuming her parents' marginal tax rate is 24%, the Jasmine's gross tax liability is $0.
What is marginal?Marginal refers to the emphasis on the expense or benefit of the subsequent unit or person, such as the cost of producing an additional widget or the revenue generated by hiring an additional employee. When making decisions, businesses employ marginal analysis to optimize their potential revenues.The marginal theory contributes to a better understanding of human reasoning, behavior, subjective assessment, and effective market prices. Marginal explains the distinction between total utility and marginal utility.Understanding marginal helps businesses choose how to price their products more effectively.The additional rate to produce a new good is known as the marginal rate . Say, for illustration, that it costs $100 to produce 100 vehicle tyres. It would cost $80 to produce one more tyre. Therefore, this is the marginal.To learn more about marginal from the given link :
https://brainly.com/question/7781429
#SPJ4
