The statement that describes a firm's resource flow is "It is the firm's level of investments to maintain of build a resource."
We investigate whether firm-level investments in physical capital provide a potential pathway for less productive enterprises to enter export markets using firm-level data from two particular African nations. Our results show that non-exporters that invest in physical capital improve their likelihood of changing their status from non-exporter to exporter. We also show that firm-level investment is connected with higher productivity growth among exporters. As a result, we underline that firm-level investments in physical capital help non-exporters boost their chances of entering export markets and provide new exporters the chance to expand quickly and be around for a long time. Larger companies utilize more trade credit and have larger leverage ratios (both short- and long-term).
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benchmark tests must precisely match the day-to-day situation at your company.
a. True
b. False
False, benchmark tests must precisely match the day-to-day situation at your company.
What is a benchmark test?Benchmark testing provides a standard against which goods and services can be evaluated. It measures a repeatable set of quantifiable findings. Benchmark testing findings are used to compare current and upcoming software releases to their corresponding benchmarks.
A benchmark needs to be attainable again. For instance, system performance must be benchmarked if response times fluctuate too significantly between each iteration of the load test. Despite varying load conditions, response time must remain constant.
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What is the responsibility of the buying function of a business?
The responsibility of buying or purchasing function of a business several such as identifying the requirement of materials, deal with suppliers, price negotiation etc.
Purchasing department of the company is responsible for procuring or purchasing all the materials that are required for efficient operation of the business. There are several activities which are included in the purchasing function of the purchasing department.
The first and foremost function is to assess the requirement of material by the company, then find the suitable supplier of materials who can provide quality materials at affordable prices and then do proper negotiation with the supplier and lastly ensure safe and timely delivery of materials. Materials must be thoroughly evaluated by purchasing department based on their quality and, more importantly, pricing! Businesses need to effectively source products in order to boost profitability.
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explain how citizen taxpayers indicate their preferences for the combination of services and taxes offered by state and local governments.
Citizen taxpayers indicate their preferences for the combination of services and taxes by their votes
Voting is one way for citizens to express their preferences. Many people believe that we only elect representatives when we cast our votes, but in reality, we also decide what laws we want to be passed and who we want to lead the country.
For instance, some citizens would have chosen President Biden over Donald Trump if they wanted the government to provide cheap healthcare and tax the wealthy more heavily than the poor. The choice of tax preference is limited to the countries with democracy, dictators still enjoy their tax structure.
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the adjusting entry to record depreciation on equipment includes a ______. (select all that apply.)
An Accumulated Depreciation Credit and a Depreciation Expense Credit are both included in the adjusting entry to reflect equipment depreciation.
In the accounting period in which a long-term asset is acquired, it should be capitalized as opposed to being expensed. Expensing an asset right away would result in an overestimation of the equipment depreciation in the current period and an underestimation of the expense in all subsequent periods, assuming the asset is economically viable and generates returns beyond the first accounting period. Depreciation Expense is used to better match a long-term asset's expense to the time it provides benefits or to the revenue it generates in order to prevent this from happening.
Depreciation Expense is calculated using a variety of approaches, and the type is typically chosen to reflect the equipment depreciation characteristics. Vehicles, for instance, are assets that depreciate significantly more quickly in the first few years; as a result, an accelerated depreciation approach is frequently used.
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The complete question is
The adjusting entry to record deprecation on equipment includes a _______. (Select all that apply)
a. debit to Accumulated Depreciation
b. credit to Equipment
c. credit to Depreciation Expense
d. credit to Accumulated depreciation
e. debit to Depreciation Expense
f. credit to Cash
what information should be included in a written report that summarizes an initial business development call?
The ideas, efforts, and activities that contribute to the improvement of a business can be summed up in the simplest terms as business development.
This entails raising sales, expanding the business, improving profitability through forming strategic alliances, and making strategic business choices.
Business organizations frequently use the impressive job titles "Business Development Executive," "Manager of Business Development," and "VP, Business Development." The domains of sales, strategic initiatives, business relationships, market development, corporate expansion, and marketing are all engaged in business development, but they are sometimes confused and incorrectly thought to be its exclusive purpose.
Salespeople concentrate on a certain market or a specific (set of) client(s), frequently with an eye toward a specific revenue target. Business development evaluates the Brazilian markets in this instance and determines that $1.5 billion in sales can be reached in three years. The sales department targets the consumer base in the new market with their sales methods in order to achieve these stated goals.
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which statement about internships is most accurate? a. interns are still treated as gophers who fetch coffee and make photocopies. b. internships are typically a waste of company time and money. c. companies view internships as a way to get to know a potential employee. d. interns are almost never hired by the companies they intern for.
statement about internships that is most accurate is companies view internships as a way to get to know a potential employee.
An internship is a type of professional learning experience that gives students relevant, practical work related to their field of study or career interest. An internship gives a student the ability to learn new skills, explore their career alternatives, and more.
An intern is a trainee who has consented to work for a company for a set period of time. An intern's major goals are to gain professional experience, perhaps academic credit, and, most importantly, to gain a basic grasp of the industry they are working in. Internships may be paid in full or in part.
Internships are a great opportunity to develop your skills and meet fantastic people before you start working. They are also a great help in determining your true area of interest. Companies oftentimes see them as a way for job applicants to gain exposure and experience before beginning their new careers.
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The _____ model of strategy formulation believes businesses exist to benefit not just their shareholder, but also the various groups that have a meaningful stake in their operations.
According to the stakeholder model of strategy formation, firms exist to serve the different groups that have a significant stake in their operations, not simply their shareholders.
A stakeholder is a person who has an interest in a firm and has the power to affect or be impacted by it. Investors, employees, clients, and suppliers make up a typical corporation's main stakeholders.
The stakeholder theory is an organizational management and business ethics theory that takes into account a variety of constituents affected by company organizations, including employees, vendors, local communities, creditors, and others.
The stakeholder model is important because managing stakeholders should lead to the accomplishment of corporate objectives, such as greater sustainability, growth, and profitability. The stakeholder model enables testing of the relationships between managing stakeholders and achieving organizational goals.
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Geraldo is the owner/manager of geraldo’s cleaning service, a firm that cleans office building. Geraldo has a team of seven employees who do a fantastic job. To encourage them to keep up the good work, geraldo tells his employees that if they continue to work hard until the end of the quarter and if he is pleased with his profits at the end of the quarter, he will give them each a $100 bonus. At the end of the quarter, the company’s profits were extremely high. Will geraldo have to make good on his promise of a $100 bonus for each employee?.
Yes, Geraldo will have to award the bonuses because profits were extremely high.
Here, Geraldo promised if he is pleased with his profits at the end of the quarter, he will give his employees each a $100 bonus. As the profits are extremely high, he will have to award bonuses.
2. No. Geoffrey cannot enforce the deal because Robert was unaware of the true value of the planer.
Here, there was a lack of knowledge about the subject matter of the contract on the part of Robert. So, Geoffrey cannot enforce the deal because Robert was unaware of the true value of the planer.
Profit:-
Profit is what's left over after all expenses are covered. These expenses consist of labor, supplies, debt interest, and taxes. Typically, profit is used to describe a business's operations. However, everyone who earns money makes money. It's what's left over after the bills have been paid.
Profit is how business owners are rewarded for their investments. It is immediately paid as income in small businesses. In corporations, it's frequently distributed to shareholders in the form of dividends.
A "loss" is what happens when costs exceed income. A business falls bankrupt if losses persist for too long.
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A classified balance sheet shows subtotals for current () and current()?
a. Assets
b. liabilities
A classified balance sheet shows subtotals for current Assets and liabilities.
A balance sheet that has been aggregated (or "classified") into several types of accounts offers information about an entity's assets, liabilities, and shareholders' equity. A balance sheet that has been categorized includes categories for current assets and liabilities, long-term obligations, and more. It may be simpler to read and retrieve the information you want if the data is arranged into categories as opposed to being simply provided in a huge number of line items.
An asset classification balance sheet is crucial since it aids in classifying such assets. Current assets make up the first asset group. These are resources that may be utilized or sold within a calendar year. Cash, checking and savings accounts, as well as goods, are examples of current assets.
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A person's buying power is a function of?
a) disposable income.
b) past income, natural resources, and financial resources.
c) wages, rents, and investments.
d) income, wealth, and credit.
e) discretionary income.
A person's purchasing power is a function of income, wealth, and credit.
Purchasing power of money is the ability of a currency when you convert it to goods and services. Purchasing power of money also can be described as the conversion rate of money towards goods and services. Purchasing power of money also known as the real value of money.
The purchasing power of money is an important indicator in making decisions. If purchasing power drops, you get less product using the same amount of money as before. The main determinant of the purchasing power of money is price. The purchasing power of money decreases as the price increases. We use the term price level to represent the average price of various goods and services in the economy at the aggregate level. The increase in the price level we call inflation.
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a company sells two models of a product—basic and premium. fixed costs are $150,000. the basic model has a variable cost of $75 and sells for $100. the premium model has a variable cost of $100 and sells for $150. if the company usually sells 5 basic models to 3 premium models, then the weighted-average break-even in units is
The weighted-average break-even point in units is 4364 if the company typically sells 5 basic models to 3 premium models (rounded off).
What Does Break-Even Point (BEP) Mean?
By comparing the market price of an asset to its initial cost, the break-even point (break-even price) for a trade or investment can be identified. When the two prices are equal, the break-even point is reached.
In corporate accounting, the break-even point is calculated by dividing the total fixed production costs by the revenue per unit less the variable production costs per unit. Fixed costs in this context refer to expenses that are constant regardless of the number of units sold. The break-even point refers to the production level where total sales for a product equal total expenses.
Calculation:
Basic contribution per unit = 100 - 75 = 25
Premium contribution per unit = 150 - 100 = 50/unit
The average contribution in weighted terms is (25 * 5/8) + (50 * 3/8) = 34.375/unit.
Break-even in composite units is calculated as 150000 / 34.375, which is rounded to 4364 units.
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What reduces profit margins for air carriers?
Fuel, specifically labor, the top expense, and capacity cut into the profit margins for airlines. This manual includes formulas, examples, and an Excel template you may use to compute the values on your own.
A company's operating profit margin (revenue less COGS and operating expenses) and net profit margin are three accounting and financial metrics known as profit margins (revenue minus all expenses, including top expense interest and taxes). This manual includes formulas, examples, and an Excel template you may use to compute the values on your own.
Three main margin ratios—gross, operational, and net—should be taken into account when determining a company's top expense profitability. Each profit margin formula is broken down below.
The formula for calculating the gross profit margin is as follows: gross profit margin = 100 times the revenue.
Operating Profit Margin is calculated by multiplying the operating profit by 100.
Net Income Margin is calculated by dividing revenue by net income and multiplying the result by 100.
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Answer:large corporate customers contracting with the US airline industry
Explanation:
5. People who are good at managing time will
a) plan their vacation while at work.
b) spend a lot of time talking to coworkers about cars.
c) think about how long each job will take.
Answer:
5. People who are good at managing time will
c) think about how long each job will take.
Explanation:
What are typically netted against sales to arrive at net sales?
Sales discounts, sales return and allowances and credit card discounts are typically netted against sales to arrive at net sales.
The total of a company's net sales is its gross sales less any returns, rebates, and reductions. Externally, net sales calculations aren't always transparent. They can often be taken into account when determining top line revenues that appear on the financial statements.
Companies cannot be very open with the public about their net sales. Due to the various variables that influence its computation, net sales may not be applicable to every industry and company. Gross profit and gross profit margin will be affected by costs related to net sales, although net sales do not take into consideration cost of goods sold, which is typically the largest factor affecting gross profit margins.
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your accountant has convinced you that you should invest your bonus from this year into your retirement account—instead of buying a new sports car—because of the high expected return on the investment. determine which of these fundamental factors is affecting the cost of money in the scenario described:
In the given Scenario the Time preferences for consumption will affect the cost of money, because
The preferences of consumers for current consumption as opposed to saving for future consumption.
I.e your accountant has preferred you to oppose the current consumption of buying a new sports car as to saving for future consumption by investing in your retirement account.
Let me discuss the other two factors for the shank of knowing:
Risk:
The chances that an investment will provide a low or negative return.
Inflation:
The amount by which prices increase over time.
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A cash discount can be summarized as a discount given to ______________ to encourage them to pay ___________.
A cash discount can be summarized as a discount given to buyers to encourage them to pay bill before schedule.
Cash discounts are incentives provided by a seller to a buyer in exchange for paying a bill in full earlier than the due date. In a cash discount, the seller typically lowers the amount owed by the buyer by a modest percentage or a predetermined sum of money.
A seller may provide a cash discount to a buyer in order to: 1) spend the money sooner if there is a cash flow problem; 2) save the expense and trouble of charging the client; or 3) reinvest the money in the company to accelerate growth.
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what type of situation exists in a market in which many firms compete with products that are somewhat different? a. monopolistic competition b. pure competition c. an oligopoly d. a monopoly
Monopolistic competition is a type of situation that exists in a market in which many firms compete with products that are somewhat different.
What is Monopolistic competition?Monopolistic competition occurs when many companies offer competing products or services that are similar but not perfect substitutes. Barriers to entry in a proprietary and highly competitive industry are low, and no single firm's decisions directly affect its competitors.Monopolistic competition occurs when many companies offer similar but not identical products.Monopolistic competitors differentiate their products through price and marketing strategies.In monopolistic competition, barriers to entry, costs, or others are present.Fast food companies like McDonald's and Burger King that sell hamburgers on the market are examples of the most common type of monopoly competition. , are not substitutes for each other.hence, monopolistic competition is a market situation where there are many buyers and sellers selling differentiated goods. here buyers face price differentiation.
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at the beginning of the year, plummer's sports center bought three used fitness machines from primo fitness, an established supplier of used, new and refurbished gym equipment in southern california. the machines immediately were overhauled and started operating. the machines were different; therefore, each had to be recorded separately in the accounts. machine a machine b machine c invoice price paid for asset $23,000 $28,700 $17,200 shipping costs (paid by plummer) 2,300 2,000 1,300 renovation costs prior to use 3,500 2,500 3,100 by the end of the first year, each machine had been operating 5,000 hours.
The journal entry to record the first-year depreciation expense for Plummer's Sports Center is as follows:
Adjusting Journal Entry:Debit Depreciation Expenses $12,676
Credit Accumulated Depreciation Machine A $4,383
Credit Accumulated Depreciation Machine B $2,115
Credit Accumulated Depreciation Machine C $6,178
To record the depreciation expense for the first year.What are the depreciation methods?The depreciation methods used include:
The straight-line method (the depreciable amount is divided by the number of years).The unit-of-production or hours of production (the depreciable amount is divided by the useful life (units) and multiplied by the usage units).The double-declining method (the capitalized cost is depreciated at double the straight-line rate).Machine A Machine B Machine C
Invoice price paid for asset $23,000 $28,700 $17,200
Shipping costs (paid by Plummer) 2,300 2,000 1,300
Renovation costs prior to use 3,500 2,500 3,100
Capitalization costs $28,800 $33,200 $21,600
Residual Value (2,500) (3,600) (3,200)*
Depreciable amount $26,300 $29,600 $18,400
Depreciation life 6 years 70,000 units 7 years
Depreciation rate $4,383 $0.423 28.6% (100/7 x 2)
1st-year depreciation expense $4,383 $2,115 $6,178
($0.423 x 5,000) ($21,600 x 28.6%)
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Question Completion:Prepare the entry to record depreciation expense at the end of Year 1, assuming the following:
Estimates
Machine Life Residual value Depreciation Method
A 6 years $2,500 Straight-line method
B 70,000 hours $3,600 Unit-of-production
C 7 years $3,200 Double-declining
Stewart owns an imprinting business and would like to get in on the current craze for movies based on Marvel’s comic book heroes. What does he need to do to legally imprint these hero images?
A. Register for a patent from Marvel
B. Request a special exception from Marvel
C. Acquire a copyright from Marvel
D. Obtain a license from Marvel
What Stewart needs to do to legally imprint these hero images is: D. Obtain a license from Marvel.
What is copyright law?Copyright law can be defined as a set of formal rules and regulations that are granted by the government to protect an intellectual property (IP), especially by giving the creator or original author (owner) an exclusive right to use during his or her lifetime, while preventing any unauthorized access, unlawful use or duplication by other parties.
This ultimately implies that, a copyright grants a creator the exclusive right to use the creation during his or her lifetime, as well as to the creator's heirs for 70 years after the creator's death.
What is a license?A license is also referred to as a certificate and it can be defined as an authorization that is typically issued by state governments or copyright holders to an agent, broker or third party, so as to avail him or her the legal ability to physically and virtually represent either a specific copyrighted material.
In conclusion, we can logically deduce that Stewart needs to obtain a license from Marvel.
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beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using last-in, first-out, the 3 goods sold are . multiple choice question.
$33 is the cost of the goods sold by the company using the LIFO method
Beginning inventory:
Number of items in the inventory = 4 items
Cost of each item = $10
Purchased items during the month:
Number of items purchased = 3 items
Cost of each item = $11 each
The company sold 3 items using the LIFO method, according to which the inventory which is purchased last by the company will be sold first. Hence, the 3 items which are purchased will be sold first as against the beginning inventory.
Hence, the cost of goods sold for the three items = 3*11 = $33
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2. Which of the following is not an effective way for a manager to imple-
ment change?
a. Do not move too quickly to implement change.
b. Do not communicate with employees about the change until a final
decision has been made.
101
C. Ask employees for ideas on effective solutions and procedures.
d. Be less critical of mistakes made by employees while changes are
being made.
even if a segment has the right size and growth and is structurally attractive, a company must consider its own objectives and resources before targeting that setment.
a. True
b. False
Even if a segment has the right size and growth and is structurally attractive, a company must consider its own objectives and resources before targeting that statement. The given statement is true.
Market structurally attractive refers to the different possibilities for profitability that each business or organization can attain in a cutthroat industry. Prior to making any investments, one must thoroughly understand the market and the opportunities it presents. The desirability structurally attractive of the market is influenced by numerous factors. Depending on the specific company and its target markets, a number of factors influence it, including market size, growth rates, and pricing patterns in the industry.
A resource is a piece of tangible property that people appreciate and need, like water, air, or land. Resources can be classified as renewable or nonrenewable; a renewable resource has an unlimited supply, whilst a nonrenewable resource has a finite supply.
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the continual quest for reelection, that is rooted in high-cost professional campaigns consisting of consultants and expensive media campaigns, is known as
A permanent campaign refers to the ongoing quest for reelection, which is based on high-cost professional campaigns involving consultants and costly media campaigns.
what is a permanent campaign?
The term "permanent campaign" refers to a political science theory and phrase. The concept of a permanent campaign also describes the emphasis that recent presidents have placed on electoral concerns during their tenures in office, with the line between governing and campaigning becoming increasingly blurred.
Political observers who support the view that a permanent campaign has had a significant impact on recent presidential elections argue that presidents' decisions have increasingly been made with voter approval in mind. Political observers see the increase in presidential fundraising as a sign of the ongoing campaign.
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ashley has always wanted to be a great lawyer. after years of hard work, she has just graduated from law school and in the next few weeks will begin working as a junior partner at a national law firm. ashley is beginning to see herself as an
Ashley has just graduated from law school and in the next few weeks will begin working as a junior partner at a national law firm. Ashley is beginning to see herself as an agent.
What is a law?Although there has been much discussion on the exact meaning of law, it is generally agreed upon that it is a system of rules developed and enforced by social or governmental institutions to control behaviour. Both the science and the art of justice have been used to describe it.
A rule of conduct established by the government or society for a particular region is what is meant by the definition of law. In order to cope with crime, commerce, social interactions, property, money, etc., law adheres to specific traditions and norms. The controlling authority oversees and upholds the Law.
The law serves a variety of objectives. The basic four of them are upholding law and order, setting norms, defending individual rights, and settling disputes.
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What is the name of the organization that published abbreviations that are meant to avoid confusion in international business transactions?.
International commercial terms, or Incoterms, are published by the International Chamber of Commerce (ICC) in order to ease international trade. Incoterms, which are widely accepted, eliminate misunderstandings in international commerce contracts by outlining the responsibilities of both buyers and sellers.
Why is FCA used?Free Transport
The seller is responsible for export clearance and delivering the goods to the carrier at the designated point of delivery in accordance with the FCA Incoterms (short for "Free Carrier") shipping conditions.
Who is the author of Incoterms?ICC
The ICC has been dedicated to facilitating global trade since its foundation in 1919. A standard set of norms and regulations was required due to the disparate business methods and legal interpretations used by merchants worldwide. In response, the first Incoterms® rules were released by ICC in 1936.
What do Incoterms in global trade mean?The International Chamber of Commerce ("ICC") developed a collection of commercial/trade standards known as the Incoterms, which are applied in contracts for international sales. [1] The Incoterms are not requirements; rather, the parties to a contract must expressly include them in order for them to have legal force.
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Direct customer interviews are a challenging but effective way to verify the findings of a customer journey map.
a. True
b. False
Direct customer interviews are a challenging but effective way to verify the findings of a customer journey map is true.
A Customer (also known as a client, buyer, or purchaser) is the person who receives an item, service, product, or idea from a seller, vendor, or supplier through a financial transaction or exchange for money or some other valuable consideration. Early communities relied on a favor-based gift economy. Later, when commerce grew, fewer lasting human relationships were formed, based on temporary wants rather than long-term social desires.
Customers are those who buy goods and services, whereas clients are those who receive specialized advise and answers. Despite the fact that such distinctions have no current semantic weight, agencies such as legal companies, film studios, and health care providers prefer client, whereas grocery stores, banks, and restaurants prefer customer.
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to what extent do you believe a supply chain can be redesigned to compensate for poor product design or poor product quality?
The extent upto which a supply chain can be redesigned is to incorporate newly designed sites and resources into their system.
Without a strong supply chain network design tool, businesses could find it difficult to swiftly and easily integrate recently acquired sites and resources into their infrastructure. This may result in extended, ineffective transition times, resource waste on the part of the business, and a reduced rate of return on investment.
Redesigning the supply chain necessitates complicated skills like integrating with consumers and suppliers to produce value as well as gathering external data and turning it into actions that can result in products with a marketable worth.
Organizational redesign frequently occurs as a result of a business's expansion or desire to reduce its size. However, it could also be a result of a shift in the organization's strategy, leadership, or operating environment as a whole.
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What is true if the owner of an ira names their spouse as beneficiary?
If the owner of an IRA names their spouse as beneficiary, but then dies before any distributions are made, then the account can be rolled into the surviving spouse's IRA.
Ira ranked 808th among boys' names and 1328th among girls' names in popularity. There were 167 girls and 298 boys named Ira born in 2021. In 2021, 1 out of every 10,656 baby girls and 1 out of every 6,244 baby males will be given the name Ira.
Hebrew for "watchful." This is the title given to King David's priest in the Old Testament. After the Protestant Reformation, the name Ira became popular as a Christian given name in England.
The three types of individual retirement accounts that are most frequently used are traditional IRAs, rollover IRAs, and roth IRAs. Custodial IRAs and Inherited IRAs are examples of different IRA kinds.
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The six important business objectives of information system investment include all of the following except?
a new products and services.
b operational efficiency.
c internet of things.
d customer intimacy.
The six important business objectives of information system investment include all of the following except option(c)i.e, the internet of things.
Business objectives are the particular, measurable results that guests have in mind to maintain as their organization evolves. When you establish a set of business aims, you devote effort to something specific. This method analyzes, evaluates, and understands where you are immediately and the place you want to affiliate with the organization in the future.
The five key Business objectives for some organizations involve kind, speed, dependability, elasticity, and cost. Information systems are groups of multiple facts possessions (e.g., spreadsheet, fittings, computer arrangement links, the system residence, structure consumers, and computer plan facts) to gather, process, store, and distribute news.
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advantages of investing in mutual funds include all of the following except a. meeting specific investment goals. b. professional management. c. there is virtually no risk of loss. d. diversification of your investment.
Whenever you buy a mutual fund, some money is deducted from your amount as the expense ratio. With this money, some part is given to a professional fund manager to manage your portfolio. The fund managers here with their knowledge and experience try to get higher returns with less risk for you.
As you know the expense ratio is very less. You can get the services of a professional for this very little cost. The reason for the low cost in Mutual Funds is that many people invest in one fund together, due to which the cost of managing that fund is divided among all the individuals.
The biggest advantage of mutual funds is that you can start a SIP with ₹500 or ₹1,000 as well. Even if you want to do Lam Sum, you can get Lam Sum from ₹ 1000 to ₹ 5000 according to your budget.
You do not need a lot of money in this. Also, you will not have to wait to invest that when your income is more then you will invest.
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