Gross income for a business may be calculated as sales less returns and discounts is incorrect. The appropriate response is option A.
What is Gross income?Gross income is the amount a business produces before deducting any costs, whether they are one-time costs like cost of goods sold that are directly related to a specific product or recurring costs like administrative staff pay. In essence, a company's gross income is equal to all of its sales during a specific time period.
A company's gross income is determined as its gross revenue less its cost of products sold (COGS). A company's gross income would be $400,000 if it reported product sales of $500,000 and the cost to make those products was $100,000.
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Minimum efficient scale is the level of output at which:
All economies of scale have been exhausted
A corporation can operate effectively and productively at the lowest feasible unit cost at the LRAC (long-run average cost) point on the LRAC curve, which is known as the minimum efficient scale (MES).
What does "minimum efficient scale" mean?A corporation may produce things at a competitive price when it is operating at the minimum efficient scale (MES), which is the balance point. Achieving MES reduces the average total cost over the long term (LRATC). When economies of scale have been used up and consistent returns have started, a company's long-run average cost curve is at its MES.
Is short run the minimum efficient scale?The minimum effective range, also known as the output range during which a corporation achieves productive efficiency, relates to the lowest point on the long run average cost curve.
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Which of the four inventory approaches is best suited to inventories of high-priced, low-volume items?.
Specific identification is one of the four inventory approaches is best suited to inventories of high-priced, low-volume items.
How does inventory work?Inventory refers to all the products, services, and supplies that a business keeps on hand with the intention of reselling them for a profit. Example: If a newspaper seller uses a vehicle to deliver newspapers to customers, just the newspaper will be recognized as inventory.
What are some essentials of inventory?The basic definition of inventory is the resources or "stuff" that your business has. These are in two varieties: tangible (i.e., goods and materials) and intangible (e.g., software). Typically, when we refer to inventory, we simply mean all the items that the business has kept on hand for sale.
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Select the correct answer. pete’s return from selling his investment is $22,000. he had purchased the investment at a cost of $20,000. what is pete’s return on investment? a. 0.1% b. 1.1% c. 10% d. 100% e. 110%
Answer: 10%
Explanation:
Pete’s return from selling his investment is $22,000. He had purchased the investment at a cost of $20,000.
Cost price = $20000
Selling price = $22000
ROI = SP-CP/CP * 100
ROI = 2000/20000 * 100
ROI = 1/10 * 100
ROI = 10%
ROI is the amount of money made on a property or item sold. Pete's rate of return is 10%.
The ratio of net profit to the entire cost of the investment is the standard definition of ROI. When ROI is used to determine the benefits and monetary returns of your investment, it is most beneficial for achieving your company objectives.
Hence the correct option is C
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a(n) is a financial statement that details the effect of income and withdrawals on the investment accounts
Income statement is a financial statement that details the effect of income and withdrawals on the investment accounts.
What do you know about investment?
Making an investment entails using money now in the hopes that it will appreciate later.An investment is putting capital to use, such as time, money, effort, etc., with the hope of receiving a larger return than what was initially invested.Any method or tool used to produce future income is referred to as an investment, including bonds, equities, real estate, and alternative investments.Investments typically don't guarantee an increase in value; you can finish up with less money than you started with.Diversifying investments can lower risk, but doing so may also lower earning potential.There's arguably endless opportunities to invest; after all, upgrading the tires on your vehicle could be seen as an investment that enhances the usefulness and future value of the asset.
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the 1993 deficit reduction strategy, when combined with a healthy economy, resulted in reduced annual budget deficits. the federal government had a budget surplus for the first time since the 1960s
Finance overlay is referred to as the budget surplus. Simply said, the total revenue collected across the whole federal budget exceeds the amount invested or assumed.
The federal government consists of what?
The U.S. Constitution grants Congress, the President, and the Federal courts, respectively, the authority to act as the legislative, executive, and judicial departments of the federal government.
What exactly does the federal government do?
What functions does the federal government have? Only the federal government has the authority to control domestic and international trade, declare war, and establish other national policies like as taxation and spending. Legislation from Congress, which consists of the 100-member U.S. Senate and the 435-member House of Representatives, is frequently the first step in these measures.
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arthur had gross receipts of $8,000 from his hobby and incurred necessary expenses of $10,000. how much of his incurred expenses may he deduct:
Arthur had gross receipts of $8,000 from his hobby and incurred necessary expenses of $10,000. how much of his incurred expenses may he deduct?
As per the Tax law, if a taxpayer has Hobby income and expenses, in such case hobby expenses shall be limited to the amount of Hobby income. As Arthur gross receipts are $ 8,000 which is less than the expenses of $ 10,000, therefore he may deduct $ 8,000 of his incurred expenses.
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The National Do-Not-Call Registry was created to give Americans a tool for maintaining their privacy on home telephone lines. More than __________ of all households are registered.
90%
95%
80%
30%
60%
In order to give Americans a means to protect their privacy on home telephone lines, the National Do-Not-Call Registry was established. Over 60% of homes contain registration information.
What is National Do-Not-Call Registry?If you are one of the more than 200 million people who have registered with the national Do Not Call Registry with the Federal Trade Commission, you are protected from approved telemarketers calling you with information and offers (FTC).
The Do Not Call Registry is unfortunately regularly ignored by dishonest people.
The National Do-Not-Call Registry was created to give Americans a way to safeguard their privacy on residential telephone lines. More than 60% of dwellings have registration data.
Prior to the Do Not Call Improvement Act of 2007, numbers were only listed on the Do Not Call Registry for a period of five years.
After February 2008, numbers placed into the registry are kept there forever.
Therefore, in order to give Americans a means to protect their privacy on home telephone lines, the National Do-Not-Call Registry was established. Over 60% of homes contain registration information.
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an investment fund into which an organization makes payments each year over the life of its outstanding debt is referred to as a(n) fund.
an investment fund into which an organization makes payments each year over the life of its outstanding debt is referred to as a(n) sinking fund.
A sinking fund is a collection of funds that have been put up or saved to pay off bonds or debts. A corporation that issues debt will eventually have to pay that debt back, and the sinking fund lessens the burden of a significant outlay of revenue.
Investors are drawn to corporate sinking funds because they offer some level of creditor protection. Sinking funds give businesses the ability to manage their debt by retiring or paying off bonds. It is less likely for a small business to default on its bond commitments if it has control over its debt.
A sinking fund gives investors more security when purchasing corporate bonds. There is less chance of default on the debt due at maturity because money will be set aside to pay off the bonds when they mature. In other words, if a sinking fund is established, the amount due at maturity is significantly lower.
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tyler works for a financial services firm as a customer service representative. when he earned his certification in customer service, he earned a raise. he went on to achieve his flmi designation and received another raise. this is an example of a
Financial services are the financial offerings furnished with the aid of the finance industry, which encompasses a large vary of agencies
that manage money, consisting of credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, funding funds
What Are Some Examples of Financial Services?There are a variety of economic services offered through companies in the monetary services quarter round the world. These services contain banking, brokerage, mortgages, savings cards, fee services, actual estate, taxes and accounting, and funding funds.
Types of Financial Services:
Banking.Professional Advisory.Wealth Management.Mutual Funds.Insurance.Stock Market.Treasury/Debt Instruments.Tax/Audit Consulting.Learn more about financial services here:
https://brainly.com/question/23009254#SPJ4Jeremy is 29 years old and in good health. What is the annual premium for the cheapest policy having a $90,000 face value that jeremy can buy? a. $1,825 b. $1,294 c. $1,929 d. $1,643.
The annual premium for the cheapest policy at $90,000 is $1521.90 per year.
How to calculate the annual premium?
Age of Jeremy = 29 years
Face value of policy = 90000
Annual premium payable = 16.91 per 1000 of the face value.
Then
90000/1000 = 90
Then
Annual premium payable = 16.91 * 90
= 1521.90 dollars
What is face value?
A financial concept known as "face value" refers to a security's nominal or monetary value as indicated by its issuer. The original cost of the stock, as stated on the certificate, serves as the face value for stocks. In the case of bonds, it refers to the sum that is normally paid in $1,000 increments to the holder at maturity. The term "par value" or simply "par" is frequently used to refer to the face value of bonds.
The annual premium for the cheapest policy at $90,000 is $1521.90 per year.
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Answer:
its D
Explanation:
got 100% on test
What was Hamlet's first soliloquy obsessed?.
Hamlet's 1st soliloquy in Shakespeare's play, the speech starting 'O, that this too too solid flesh would melt (in some editions, 'O, that this too blemished flesh would melt' whereas, in some others, 'O, that this too sallied flesh would melt') is one in every of the foremost far-famed speeches within the play, and like all of
The primary operate of the soliloquy is to disclose to the audience Hamlet's profound depression and also the reasons for his despair. in an exceedingly disjointed outpouring of disgust, anger, sorrow, and grief, Hamlet explains that, while not exception, everything in his world is either futile or contemptible.
In the aftermath of his father's murder, Hamlet is addicted to the concept of death, and over the course of the play, he considers death from a good several views.
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in this industry type, items are manufactured by machine to customer order. these are generally industrial orders. multiple choice make-to-order engineer-to-order process make-to-stock assemble-to-order
In the make-to-order industry type, items are manufactured by machine to customer order. these are generally industrial orders.
industrial orders refer back to the output of commercial institutions and cover sectors that include mining, manufacturing, strength, fuel and steam, and air-conditioning.
This indicator is measured in an index based totally on a reference length that expresses exchange inside the extent of manufacturing output. commercial overall performance covers aspects of fine however additionally optimization and automation of industrial techniques.
This area is presently experiencing a fourth business revolution with the appearance of the net of things and virtual technology consisting of augmented reality, synthetic intelligence, or even robotics. inside the united states, commercial production measures the output of businesses incorporated in the industrial region of the economy. manufacturing is the most critical area and debts for 78 percent of overall manufacturing.
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according to the textbook, globalization involves international exchange. included in this exchange is trade in goods and services as well as the exchange of , , and across countries.
According to the textbook, globalization involves international exchange. included in this the exchange is trade in goods and services as well as the exchange of money ,ideas and information across countries.
What is trade?The definition of trade can be simplified to one sentence, the fulfilment of the desires of two individuals or groups by exchanging their material goods and services. trading is a centuries-old practice with its own variations and techniques. In the old exchange system, as mentioned earlier, business saw the problem that everyone had nothing to give instead of getting what they wanted, so the solution to this problem was to create money, or a common desired item that could be exchanged. something for a jointly decided monetary value.
And even money has seen its fair share of design changes, from precious metals to standard coins and cash, and now in the form of a new cryptocurrency or digital currency.
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Joan arlington has twice as much money invested at​ 5% simple annual interest as she does at​ 4%. if her yearly income from the two investments is ​$175​, how much does she have at each​ rate?
The amount Joan has invested at 5% is $350 and the amount she has invested at 4% is $175.
What is investment?
A purchase made with the intention of generating income as well as capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to use it as a source of immediate consumption, but rather as a tool for future wealth creation.
An investment always involves the expenditure of some resource presently, effort, money, or perhaps an asset—in the anticipation of a future return greater than the initial investment. For instance, an investor might buy a financial asset right away with the hope that it will generate income later on or that it can be sold for a profit at a higher price.
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matt hired apex services to repair his business equipment. on november 1 of this year, matt paid $2,000 for the repairs that he expects to begin in early march of next year. note: leave no answers blank. enter zero if applicable. problem 9-68 part-c (static) c. what amount of the cost of the repairs can matt deduct this year if he uses the accrual method and he expects the repairs to be done by early february?
As per the IRS one is not required to capitalize amounts for creating an intangible asset if the right or benefit created does not extend beyond the earlier of 12 months after the date that one first receive the right or benefit or the end of the tax year following the year in which you made the advance payment.
If you are a cash method taxpayer and your advance payment qualifies for this exception, then you can generally deduct the amount when paid. If you are an accrual method taxpayer, you cannot deduct the amount until the all-events test has been met and economic performance has occurred. In simple words, on a cash basis taxpayer deducts expenses in the year they are paid off, which is not necessarily the year they were incurred. However, expenses paid in advance may not be deducted; instead, the IRS allows the taxpayer to capitalize certain costs.
Expenses paid in advance are deductible only in the year to which they apply unless the expenses qualify for the 12-month rule, under which a taxpayer is not required to capitalize amounts paid to create certain rights or benefits for the taxpayer. In Year 0 Matt can deduct $ 2000 towards the cost of repair if he uses the cash method of accounting for business. Year 0 Matt cannot deduct any amount paid towards the cost of repairs, he can deduct only in year 1 if he uses the accrual method of accounting for his business
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Firms must provide the target audience with reasons to purchase their products or services. These reasons are conveyed through the ______.
message
Firms must provide the target audience with reasons to purchase their products or services. These reasons are conveyed through the message. This comes under the marketing concept.
What do you mean by the target audience?A collection of people characterized by particular demographics and behaviors is known as a target audience. Businesses frequently use their knowledge of their target market to develop user personas. Their choices for marketing initiatives are influenced by these characters.
Businesses may promote more effectively when they know who their target customers are and how to reach them.
Reaching out to potential customers directly will ultimately result in more money in your bank account. Therefore, you need to know who will be receiving your message before deciding what it is and how to send it.
Therefore, firms must provide the target audience with reasons to purchase their products or services. These reasons are conveyed through the message. This comes under the marketing concept.
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ABC Hardware Store orders one hundred power band drills from Drilling Tools Inc. When the hand drills are delivered they are all missing pieces. ABC rejects the shipment To exercise a right to cure, Drilling must O a. pick up the nonconforming tools before the end of the business day O b.pay a cure fee O center into a new contract with ABC Od promptly notify ABC of the intent to cure.
Option B. When the hand drills are delivered they are all missing pieces. ABC rejects the shipment To exercise a right to cure, Drilling must pay a cure fee.
What is a cure fee?All fees paid by the Purchaser necessary to remedy any defaults under any Executory Contract or Unexpired Lease that is to be assumed and/or assumed and assigned by the Debtors are referred to as Cure Cost (or such lesser amount as may be agreed upon by the parties under an Executory Contract or Unexpired Lease).
All of the pieces are missing when the hand drills are arrived. ABC refuses the delivery. Drilling is required to pay a cure fee in order to use a right to cure.
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how can you use excel to assist in project risk management? what other software can help project teams make better risk management decisions?
PERT analysis can be carried out using Project 2002, and it can also be used with other simulation tools like Risk+.Excel can also be used with simulation software.
The intuitive interface of nTask features inviting neutral colors and is user-friendly.You may prioritize issues, evaluate potential hazards, and assign them to various team members for monitoring with this security risk management program.
There are sufficient options for businesses and budgets of all sizes, but not every tool will benefit every team equally.
If you're working with a major enterprise organization, your risk management software budget and goals will obviously be very different from those of a small agency or solopreneur.
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the long-run budget constraint dictates that: the present value of trade balances is zero taken to infinity. the present value of wealth is equal to zero taken to infinity. the present value of wealth is exactly offset by the present value of trade balances. if the present value of wealth is positive, the nation cannot afford future trade deficits on average.
The long-run budget constraint states that a country's expenditures and productions must be equal in present and future value.
What is long run budget?A long-range budget is a financial strategy that covers a period of time longer than one year.
This kind of budget often spans a five-year term and is concentrated on the corporate strategy.
This budget is focused on risk management, acquisitions, capital investments, and new product planning. The long-range budget often consolidates a lot of the data found in an annual budget into a smaller number of line items because it is challenging to anticipate this far in advance due to changes in competition levels and the economic cycle.
When a company enters a new market, management rarely creates long-term budgets since the industry is changing too quickly for such planning to be beneficial. In well-established industries, it is more widespread.
Hence, The long-run budget constraint states that a country's expenditures and productions must be equal in present and future value.
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when interest rates decrease, bond: question 37 options: prices increase. maturity periods decrease. coupon rates decrease. current yields increase. yields to maturity increase.
When interest rates decrease, bond prices increase, because interest rates have an inverse relationship with bond prices. Option A
Relationship between interest rates and bondsAll else being equal, the price of existing bonds will decrease as demand for those bonds decreases if new bonds are issued with an interest rate that is higher than those currently on the market. The price of old bonds will rise in step with demand if new bonds are issued with an interest rate that is lower than bonds already on the market.
The present value of a bond's future cash flows is used to determine how much its price will fluctuate in relation or response to any change in interest rates. This is because traders employ a technique called discounted cash flow to determine the bond's value based on the potential future returns.
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Does inflation mean a healthy economy?.
Some economists contend that a modest amount of inflation might stimulate economic growth, despite the fact that large inflation is widely regarded as negative.
What indicates a healthy economy?Real GDP is regarded as a crucial indication of economic health because it captures the whole US economy. Most frequently, the real GDP is expressed as a percentage increase or decrease. A rise in the real GDP indicates that firms are generating more valuable goods and services.
Some economists contend that a modest amount of inflation might stimulate economic growth, despite the fact that large inflation is widely regarded as negative. Deflation, a scenario where prices tend to drop, is the reverse of inflation. Based on the Consumer Price Index, the Federal Reserve seeks to maintain inflation at 2%. (CPI).
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suppose an economy is hit with a positive oil price shock in one period that raises the level of oil prices permanently. if adaptive expectations hold, this will suppose an economy is hit with a positive oil price shock in one period that raises the level of oil prices permanently. if adaptive expectations hold, this will shift the as curve up initially and then shift the as curve back to original position in the following period. shift the as curve up initially and gradually shift the as curve back to original position over time. shift the as curve up permanently. shift the as curve down permanently.
The economy is hit with a positive oil price shock in one period that raises the level of oil prices permanently. if adaptive expectations hold, this wil shift the AS curve up initially and then shift the AS curve back to original position in the following period.
What is the AS curve?The aggregate supply curve describes the amount of real GDP that the economy supplies at different price levels. The reasoning used to construct the aggregate supply curve is different from the reasoning used to construct the supply curves of individual goods and services. The supply curve for a single good is constructed under the assumption that the prices of production inputs remain unchanged. If the price of good X rises, the unit cost for sellers to supply good X does not change, so sellers are willing to supply more of good X - so the supply curve for good X shifts upward. However, the aggregate supply curve is determined based on the price level. An increase in the price level increases the price producers receive for their output and thus increases production.
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select the statements below that are true about derivative securities. derivatives are not issued by firms. instead, they are contracts or bets between two secondary parties. if apple common stock is the underlying asset in a particular derivative security then apple will typically be the issuer of that security. a futures contract is a type of derivative security. preferred stock is a type of derivative security. the majority of large public firms use derivative securities to hedge various risks. a derivative security represents ownership in the underlying asset.
NASA firms make use of satellite tv for pc observations from the MODIS and VIIRS units to discover active fires and thermal anomalies and deliver these statistics in close to real-time to choice makers thru electronic mail indicators, evaluation prepared records, online maps, and web offerings.
The corporation's fireplace map is up to date every 5 minutes, but please note that the facts are derived from contraptions onboard polar-orbiting satellites (MODIS aboard Terra and Aqua and VIIRS aboard Suomi NPP and NOAA-20), and generally, those have 2 overpasses a day (extra towards the poles - see How often are the lively hearth facts.
Just sign up in your present USAJOBS account and overview its accuracy before applying for NASA vacancies. look for Jobs: After you have got finished your USAJOBS profile and built your resume, you may be geared up to apply for NASA job opportunities. Click right here to view jobs at NASA which are open to most people.
Activate the Wildfires layer: tap Layers. the Wildfires button. look for the fireplace: input a fireplace-associated query into the Maps search field, which includes “wildfires” or the name of a person's fireplace. tap the result to show the layer.
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under the sarbanes-oxley act of 2002, accountants must retain working papers relating to an audit or review for a certain period of time. true false
False, under the Sarbanes-Oxley act of 2002, accountants must retain working papers relating to an audit or review for seven years.
What is Sarbanes-Oxley act?The Sarbanes-Oxley Act of 2002 is a federal law that establishes extensive audit and financial regulations for publicly traded companies. Legislators have created laws to protect shareholders, employees, and the general public from accounting errors and fraudulent financial practices.In 2002, the US Congress passed the Sarbanes-Oxley Act (SOX) to protect shareholders and the public from corporate accounting errors and fraud and to improve the accuracy of corporate disclosures.The Sarbanes Oxley Act requires all financial reports to include an internal control report. This indicates that the company's financial information is accurate and appropriate controls are in place to protect financial information. An annual report is also required.To learn more about Sarbanes-Oxley act from the given link :
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describes how often the audience is exposed to a specific marketing communication, such as an advertisement, within a specified period of time.
Frequency refers to how frequently an audience is exposed to certain marketing communication, such as an advertisement, over the course of a predetermined amount of time.
What are advertisements?A product, brand, or service is advertised to a viewership through the use of an advertisement to pique their attention, encourage interaction, and increase sales. Advertisements, often known as advertisements or adverts, exist in a variety of formats, from copy to interactive video, and have developed into an essential component of the app store.
Reaching an audience is assured with advertisements. Advertisements can have a direct impact on business by being compelling and spending sufficient to appeal to the people.
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when companies decide to make use of metrics in their decision making, it is important that the metrics meet which criteira?
A sound performance metric encapsulates a strategy goal.
The metrics serve as guidelines for time, money, and resources and are also utilized for team decision-making, assessing the skills and capabilities of each team member, and inspiring the QA team to work as efficiently as possible.
Metrics also assist us in understanding client expectations and process flaws.
Metrics, commonly referred to as key performance indicators, or KPIs, enable us to monitor a company's development and success.
This data is essential because it helps us to track the company's progress toward its objectives and identify potential problems early on.
The particular objectives of our firm strongly influence the business KPIs we use.
Sales revenue, net profit margin, gross margin, lead conversion rates, website traffic, retention rate, customer acquisition cost, and customer lifetime value are some metrics to consider in a company plan.
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transaction processing systems (tps) capture and process the fundamental data about events that affect the organization called
The fundamental data about events that affect the organization called accounting system. monitor the flow of data pertaining to all cash flows that have an impact on an organisation in a transaction processing system (TPS).
A collection of accounting procedures with built-in controls is referred to as an accounting system.An accounting system’s goal is to keep track of business transactions and compile them into reports that decision-makers can use to monitor, assess, and improve operations.Although technology is technically conceivable, very tiny businesses are the only ones that normally use a purely paper-based accounting system.The cornerstone of accounting systems is often readily available accounting software, with any additional data entry techniques needed.A typical accounting system includes all of an organization’s primary functional areas, including the purchase of products.
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sometimes operations managers need to plan redesigns of products or new construction. the schedule for this type of project is known as .
Sometimes operations managers need to plan redesigns of products or new construction. the schedule for this type of project is known as project scheduling
The comprehensive process of outlining the project phases, tasks for each phase, and dependencies is called project planning. It also considers the number of skills and resources required for each task, their sequence, milestones, interdependencies, and schedule.
Scheduling in project management is the list of activities, deliverables and milestones within a project. The schedule also typically includes planned start and end dates, duration, and resources assigned to each activity.
A project plan is a schedule that organizes tasks, resources, and deadlines in the ideal order for completing a project on time. A project timeline is created during the planning stage and includes: A project timeline with start dates, finish dates, and milestones.
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the cultural and economic changes that result from dramatic increases in international trade and exchange are called
Globalization refers to enormous advances in worldwide trade and exchange that lead to corresponding cultural and economic developments.
What is Globalization?The interaction and integration of individuals, organizations, and governments on a global scale is known as globalization. The term "globalization" first surfaced in the early 20th century, took on its current meaning sometime in the second half of the century, and gained widespread acceptance in the 1990s as a way to describe the unprecedented global connectivity of the post-Cold War era. Due to developments in transportation and communications technology, its beginnings can be found in the 18th and 19th centuries. A rise in international trade as well as the exchange of ideas, beliefs, and cultures has been brought on by this increase in global interactions. Globalization is mainly a social and cultural phenomenon that has economic interactions and integration.
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the hyperinflation in zimbabwe ended in april 2009 when the central bank purchased government bonds in open-market operations. a. true b. false
The central bank buys bonds if it wants to lower interest rates. The money supply is increased when money is injected into the money market by purchasing bonds.
By selling bonds, the central bank removes money from the money market and reduces the money supply when it wants interest rates to rise.
What are the banking system's reserves when the Fed purchases government bonds?3) Because there was no checkable deposit created, reserves and excess reserves both rise when the Fed purchases bonds from bankers.
When the Fed makes an open market buy?When the Federal Reserve purchases something from the open market, the Fed: purchases securities from public banks, thereby reducing the money supply. sells securities to banks and the general public, reducing the amount of money in circulation. purchases securities from public banks, thereby expanding the money supply.
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