The DJIA continues to equal the average price of the 30 stocks in the index is not true about the Dow Jones Industrial Average (DJIA). Thus, option D is correct.
What is Dow Jones Industrial Average?The Dow Jones Industrial Average (DJIA), also known as the Dow 30, is an index of the stock market that tracks the performance of 30 significant, publicly traded blue-chip companies that trade on the NYSE and Nasdaq. The index was founded in 1896 by Charles Dow and his business partner Edward Jones, and it bears Charles Dow's name today.
The Dow Jones Transportation Average, which preceded the DJIA as the oldest U.S. market index, is the second-oldest (DJTA). The purpose of the DJIA is to act as a stand-in for the state of the overall U.S. economy. One of the most closely followed stock market indices worldwide is the DJIA, also known as just the Dow.
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he main benefit of free trade between two countries is that the main benefit of free trade between two countries is that income distribution in each country will become more equitable migration from one country to the other will increase each economy will become more self sufficient employment in each country will increase each country can consume beyond its constraints of resources and productivity
Imported goods cost less thanks to free trade. Customers can benefit from higher living standards as a result. They have more money left over after paying for imports, so they may buy more products. Increased competition might result from free trade as well.
What are the main benefits of two countries having free trade?Beyond just reducing and eliminating tariffs, free trade agreements also help to address invisible trade barriers that would otherwise impede the flow of goods and services, encourage investment, and strengthen the rules governing things like intellectual property, e-commerce, and public procurement.
What exactly does international free trade entail?A free trade agreement (FTA) is a treaty reached by two or more countries in which the parties detail agreements impacting, among other things, investor protections, intellectual property rights, and commerce in products and services.
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cody, a management graduate, is looking for a position as a first-line manager and would like to become the president of a company someday. he knows what he wants to do in the future, but he wants to achieve his goal by working for a firm with a culture that matches his personal values. the route that cody wants to follow to achieve her goals best reflects _____values. A. instrumental
B. moral rights
C. justice
D. utilitarian
E. individualism
F. terminal
The route that Cody wants to follow to achieve her goals best reflects instrumental and moral rights values.
What is moral rights values?
Moral rights are personal rights that connect the creator of a work to their work. Moral rights are about being properly named or credited when your work is used, and the way your work is treated and shown. Moral rights require that your name is always shown with your work. This is called right of attribution. Moral rights are recognized under Section 57 of the Copyright Act, 1957. The right of paternity, right of dissemination, right of integrity, and right to retraction are available under this section. Waiver of moral rights is permitted if it is against public policy.
Under American Law, moral rights receive protection through judicial interpretation of several copyright, trademark, privacy, and defamation statues, and through 17 U.S.C. §106A, known as the Visual Artists Rights Act of 1990 (VARA). VARA applies exclusively to visual art.
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The route that Cody wants to follow to achieve her goals best reflects instrumental and moral rights values.
What is moral rights values?Moral rights are individual privileges that connect a work's author to it. You have the ethical right to moral control over how your work is handled and displayed when it is used, as well as the right to be properly identified or credited. As a matter of moral duty, your name must always be listed next to your creations.
Right of attribution is what we call this. Moral rights are recognised by the Copyright Act of 1957, Section 57. Your paternity, dissemination, integrity, and retraction rights are all protected by this section. It is possible to waive a moral right if doing so would violate public morality.
American law upholds moral rights through the judicial interpretation of a number of copyright, trademark, privacy, and defamation laws as well as through 17 U.S.C. The 1990 Visual Artists Rights Act, or H.R. 106A, is another name for it. (VARA). Only visual art can be used with VARA.
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Griffin Service Company, Inc., was organized by Bennett Griffin and five other investors. The following activities occurred during the year:
Received $72,000 cash from the six investors; each investor was issued 8,600 shares of common stock with a par value of $0.10 per share.
Purchased equipment for use in the business at a cost of $20,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months).
Signed an agreement with a cleaning service to pay $140 per week for cleaning the corporate offices next year.
Received an additional contribution from investors who provided $3,200 in cash and land valued at $17,000 in exchange for 1,200 shares of stock in the company.
Lent $2,700 to one of the investors, who signed a note due in six months.
Bennett Griffin borrowed $7,200 for personal use from a local bank, signing a one-year note.
Required:
Using the balances in the T-accounts, fill in the following amounts for the accounting equation:
T-accounts for Griffin Service Firm, Inc.
Cash Account Account Title Debit Credit Common Stock $5,460 Paid-in Material In Excess Of $71,540 Equipment $6,250 Paid-in Equity In Excess Of $3,700
Notes Receivable Account Title Debit Credit Cash $3,200 Journal Entries:
a. Credit Paid-in Material In Excess $71,540 Debit Current Account $77,000 Loan Common Stock $5,460
b. To document the issuance of 9,100 shares to each investor, each with a $0.10 par value.
c. Credit Cash $6,250 Debit Equipment $25,000 Debit Notes Payable $18,750
Equipment is purchased with cash and a note payable.
d. No need for a diary entry d. Credit Cash $3,700
Land $22,000 in debit $170 in Common Stock and $25,530 More Paid-in Capital
In order to document the purchase of 1,700 shares for money and land.
e. Credit $3,200 Debit Notes Receivable Account Cash $3,200
to document the financial assistance given by one of the shareholders.
f. There isn't a diary entry needed.
There is no need to record activities c and f in the journal. The following year, c will obtain services. The corporation as a legal entity is unaffected by the transactions.
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katrina has been hired as an hr generalist for a rapidly growing company that previously had no hr department or positions. during her first week on the job katrina realizes that the company has no written job descriptions and has never performed job analyses. katrina schedules a meeting with the company president to explain the need for job descriptions and the identification of essential job functions for compliance with laws like the
The identification of essential job functions for compliance with laws like the Americans with Disability Act
The Americans with Disabilities Act (ADA) forbids discrimination against anyone who have a disability in a number of settings, including employment, public accommodations, transportation, communications, and access to state and local government services and programmes.
Americans with Disabilities Act (ADA) According to the ADA, it is illegal to discriminate against people with disabilities in the workplace, State and local government, public accommodations, commercial establishments, transportation, and telecommunications. It likewise holds true for the US Congress.
Crow (2008) categorises all forms of disability into four groups: visual, auditory, mobility, and cognitive.
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On September 1, 2020, Sheffield Corporation acquired Sage Hill Enterprises for a cash payment of $710,000. At the time of purchase. Sage Hill's balance sheet showed assets of $620,000, liabilities of $240,000, and owners' equity of $380,000. The fair value of Sage Hill's assets is estimated to be $810,000. Compute the amount of goodwill acquired by Sheffield. Value assigned to goodwill $_____
The amount of goodwill acquired by Sheffield. The value assigned to goodwill is $90,000.
Sheffield Corporation acquired Sage Hill Enterprises for a cash payment the following table shows the goodwill acquired by Sheffield Corporation-
Acquisition price (Purchase) $710,000
Less: Fair value of net assets
The market price of assets is $ 810,000
Market price of liabilities $(240,000) (620,000)
Goodwill $90,000
A business enterprise is an organization—commonly a set of humans or a company—authorized via the country to act as a single entity and identified as such in regulation for sure purposes. Early incorporated entities were hooked up through the constitution. most jurisdictions now allow the advent of the latest agencies through registration.
An employer is a legal entity that is separate and awesome from its owners. underneath the law, organizations own most of the same rights and responsibilities as individuals. they could enter contracts, mortgage and borrow money, sue and be sued, lease personnel, own property, and pay taxes. A commercial enterprise company having a separate criminal entity, i.e. an identity wonderful from its proprietors, is referred to as a company or a company in India. Any company can sue or be sued by its very own call.
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True or False : marketing is relevant only to people in the organization who work directly in the marketing department
Which of the following statements best describes what you should expect if you randomly select stocks and add them to your portfolio?a. Adding more such stocks will reduce the portfolio's beta coefficient and thus its systematic risk.b. Adding more such stocks will have no effect on the portfolio's risk.c. Adding more such stocks will increase the portfolio's expected rate of return.d. Adding more such stocks will reduce the portfolio's market risk but not its unsystematic risk.e. Adding more such stocks will reduce the portfolio's unsystematic, or diversifiable, risk.
If the stocks with which the firm should invest are chosen at random, the company's riskiness will now be significantly reduced will be "adding more such stocks will reduce the portfolio's beta coefficient and thus its systematic risk".
Adding random stocks would provide diversification benefits. Because the random stocks were likely to have little correlation, the company's specific risk would be lowered.
The portfolio's diversifiable risk would most certainly decrease, but the predicted market risk should remain constant.
The further equities you have in their portfolio, the lower your exposure to unsystematic risk. A portfolio of ten or more equities, particularly those from different industries or sectors, is far less risky than just a portfolio of merely two firms.
Therefore, the correct answer will be option (a)
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your client, age 65, has a gross estate valued at $300,000. his wife, age 58, has a gross estate valued at $150,000 and is financially competent. his objectives are to: leave all property to his wife in as simple a manner as possible; allow his wife to determine the ultimate beneficiaries of all his property; and make maximum use of the unlimited marital deduction. which one of the following transfers is most appropriate for achieving the client's objectives? a) an outright bequest of the entire estate to his wife b) a combination qualified terminable interest property (qtip) trust and family bypass trust with his wife as income beneficiary c) an estate trust with his wife as beneficiary d) life income to his wife from a trust funded with the exemption equivalent amount, with the remainder to his designated beneficiaries
An estate trust with his wife as beneficiary transfers is the most appropriate for achieving client's objectives.
What is a beneficiary?In its broadest meaning, a beneficiary is any natural person or other legal entity who receives money or other benefits from a benefactor. The majority of beneficiaries may be created with instructions for who will receive the assets once the owner(s) pass away. However, if the primary beneficiary or beneficiaries are deceased or do not meet the requirements, the assets will presumably go to the contingent beneficiaries. Trusts permit any limits that are not against the law or serve an unlawful goal, unlike some instances, such as retirement accounts, where restrictions are not permitted after the death of the primary beneficiaries. In agreements that are not insurance plans, the idea of a "beneficiary" will commonly appear. A distributor of software might look for clauses that shield its clients from accusations of infringement, for instance.
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Calculate the absolute change in GDP between 2015 and 2016, then calculate the percentage change in GDP between 2015 and 2016 Round answer to three places after the decimal. absolute change: $ billion %change billion %
a) 18,624.475 it is observable from the graph. b) 503.761 , 2.8%. ( GDP of 2016- GDP of 2015) Unitary method. c) Personal consumption expenditure is the largest component.
Net export is the smallest one.
Third one can't be answered since graph is not clear. To answer the question look for the latest positive green area in the graph.
d)Option C is correct because we could observe a change in the government expenditure in 1940s in the graph.
e) Since world war II consumption spending has increased about 50% of GDP of 2016. Government spending decreased from about 50% of GDP at the height of the war to about 17% of GDP in 2016.
Investment spending is relatively stable over the years.
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auxiliary or peripheral activities that are performed to enhance the primary product or primary service is referred to as
Services for support. Support Services cover a wide range of tasks that businesses carry out to improve customer satisfaction and add value to their main goods or services.
Support Services are supplemental or ancillary tasks carried out to improve the main item or main service. They are crucial in assisting businesses in providing their clients with a thorough and top-notch experience. Customer service, technical support, training, maintenance, and upgrades are just a few of the many tasks that can be included in support services. By doing these things, you can make sure that the main product or service is running efficiently and effectively and that customers may take full use of it. Support Services can also give clients more value by assisting them in finding solutions to issues, responding to inquiries, and making better use of the good or service.
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1 22. Review this partial credit report, and then choose the response below that accurately depicts the information on the report. * $7 WENNB/CLARK Date opened Type Credit limit or Recent balance 4590 E BROAD ST Apr 2002 Revolving original amount $0 as of Sep 2008 COLUMBUS OH 43213 First reported Terms $210 Recent payment No phone number available Jul 2003 Not reported High balance Partial account number Date of status Monthly $411 707654030021.... Mar 2007 payment Address identification number $6 0000375966 Payment history 2008 2007 2006 SEP AUG JUL JUN MAY APR MAR FEB JAN DEC NOV OCT SEP AUG JUL JUN MAY APR MAR FEB JAN DEC NOV OCT SEP AUG 2004 2003 MAR FEB JAN DEC NOV OCT SEP AUG JUL JUN MAY APR MAR FEB JAN DEC NOV OCT SEP AUG JUL The borrower paid a $30 fee in February 2007 This borrower was never late with any of their credit payments This borrower's most recent payment was $30 O This borrower was 30 days late on their February 2007 payment
The borrower was 30 days late on their February 2007 payment. Option d is the right choice.
The credit payments are 30 days delayed by the borrower in Feb 2007 and in other months are timely.
Using your credit card to pay for anything you've purchased: For purchases made through the mail or online, we also take credit cards. If you pay your energy bill by direct debit, it's possible that your provider will find themselves "in credit" with you, which indicates that they owe you money.
Because the user agrees to pay the bank back later when making a purchase with a Visa card, the card is seen as a type of credit. Credit may be granted in monetary or other forms. A distinct sort of credit, deferred payment, may be exchanged for products and services.
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Suppose you want to save $10000 to buy a car. You have $6,000 to deposit today and you can earn 6% on your investments. You want to know when you'll have enough to buy the car. Which of the following spreadsheet functions will solve the problem? Click the answer you think is right. =NPER(6,0,6000,10000) =NPER(6,0,-6000,10000) =NPER(0.06,0,6000,10000) =NPER(0.06,0,-6000,10000)
The spreadsheet function NPER(0.06,0,-6000,10000) will solve the problem.
What is spreadsheet?A spreadsheet, also known as an electronic work sheet, is a computer programme that graphs data by organising it into rows and columns. Formulas, commands, and formats can be used to modify each row and column. This tool is particularly useful for accountants, financial analysts, and business people who need to analyse business performance numbers and results.
NPER means the number of periodic payments needed when the interest rate, initial and final balance, and the payment values are given.
In excel, it is of the form NPER( rate, pmt, pv, [fv])
Here rate is 6% or 0.06
Pmt is Payment per period which is 0
Pv is Present Value, that is -6000 since it is to be paid.
Fv is future value which is 10000
Thus, The spreadsheet function NPER(0.06,0,-6000,10000) will solve the problem.
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Strategic management requires managers to take an integrative view of the organization. This is achieved when
corporate level strategy is utilized.
strong hierarchical leadership is employed.
employees and work teams are empowered.
profitability is prioritized over stakeholders.
Strategic management requires managers to take an integrative view of the organization. This is achieved when corporate level strategy is utilized.
What is strategic management?The constant planning, monitoring, analysis, and assessment of all requirements that a company requires to accomplish its goals and objectives is known as strategic management. Organizations will have to reevaluate their success methods on a regular basis as a result of changes in the business environment.
Strategic management in the realm of management entails the development and implementation of the primary efforts and goals undertaken by the managers of an organization on behalf of stakeholders,
Therefore, option A is correct.
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please describe your conversation with the following customer: i was in the wawa store on rte 66 in old bridge on wednesday evening. i am very annoyed at the service i received. the manager that was there, who was also the cashier, was very rude. i waited in line for 6 minutes, and when it was my turn to pay, he rudely walked away, and sent me to the next cashier. i asked to speak to his manager, at which time he cursed at me, and threw my items at me. i walked over to the second cashier who was starting to take customers and i asked whom the manager was. before he answered me, he shouted from the opposite side for me to get out of the store and not to return, while berating me in front of many other customers. he then ran to the register i was standing at and went to grab my bag from my hand. i pulled away and ran from the store, never to return. i think this behavior is outrageous and should not be tolerated. i will never return.
True . It is inappropriate to allow this behavior, which is ridiculous.
Examples of inappropriate behavior include disrespectful conduct, sexual harassment, harassment, bullying, and/or violence. Here are some examples of bad behavior: aggressive or belligerent conduct, such as cursing or yelling. insulting or spreading unfavorable rumors about someone. The Equality Act of 2010 forbids discrimination and harassment when a protected attribute is involved. avoidable physical contact Stalking. Unwelcome, relentless, rude, disparaging, or threatening behavior is referred to as harassment. Bullying is an ongoing pattern of disrespectful and abusive behavior that may, in some instances, also involve inappropriate physical behavior. hostile acts and violence. Speaking in an overly friendly and affectionate manner to strangers is impolite and socially inappropriate. making unwanted or forceful sexual advances in other sexualized circumstances
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When Radian6 listens to consumer conversations about which brands they like the best or the ones with which they have emotional connections, this demonstrates ________________ referral
a - affect
b - effect
c -cognitive
d - inept
e - evoked
Option b is the correct choice.
When radiant listens to customer talks about the companies they prefer or to which they feel an emotional connection, affect referral may be observed.
How does the term "Affect Referral" work?
By using affect reference, consumers commonly make purchases based solely on their memories of their prior emotions toward such businesses, omitting the need to consider and assess their options. As an effort-saving decision technique, affect referral is typically regarded to only sometimes take place when recalled emotion is the only factor influencing action. On the other hand, this argument emphasises the notion that affect referral is the rule rather than the exception. Referring to an effect denotes the logical human control mechanism.how internal knowledge is used in instances involving remembered brands while making decisions.
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For decades in the U.S., street vendors have popped up in densely populated areas, such as major cities, beaches, and festivals. These businesses sell things from hamburgers and hot dogs to tacos and Mexican street corn. After the recession hit between 2008 and 2009, the U.S. saw an increase in the number of mobile food businesses, namely an increase in the number of food trucks.
Because this is the first time this industry has seen this much growth, suppose investors look carefully at historical food truck financial records, customer feedback, and any other information they can get their hands on to give them better insight into the industry’s potential performance. After investors review this information, suppose they determine that there is a high likelihood of the businesses generating high cash flows, and thus a high return on their investment, and they revise their valuations of the stocks accordingly.
True or False: Given the scenario, the investors are using information on industry conditions to take their positions on the security.
This statement is True, Given the scenario, the investors are using information on industry conditions to take their positions on the security.
Investors are individuals or organizations that allocate capital with the expectation of generating a financial return. They come in many forms, including retail investors, institutional investors, and accredited investors. Retail investors typically invest in stocks, bonds, and mutual funds through a brokerage account, while institutional investors may invest in alternative assets such as private equity or real estate. Accredited investors, who must meet certain wealth and income requirements, are eligible to invest in private offerings not available to the general public.
Investors typically seek investments that offer high returns and low risk, but the level of risk they are willing to tolerate varies depending on factors such as their investment goals, time horizon, and personal circumstances. Investing can be done through a variety of channels, including self-directed accounts, managed portfolios, or through financial advisors. Overall, the goal of investing is to grow wealth over time and reach financial goals such as retirement, buying a home, or saving for future expenses.
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refer to the above diagram. which of the following is a true statement? if society is initially at point c, it must sacrifice 7 units of bread to obtain one more unit of tractors. if society produces 2 units of tractors and 12 units of bread, it is not using its available resources with maximum efficiency. point b is superior to point c because it will help insure enough food for now and for the future. other things equal, the combination of outputs represented by point d will result in more rapid economic growth than will the combination represented by point c.
Point C is superior to point B because it is important to enhance the future of society Option (A)
A normative statement offers a value judgement regarding the desirability of a condition in several fields, including economics and philosophy. A descriptive statement (also known as a positive statement) describes the world as it is, whereas a normative statement discusses the world as it should be.
"The world would be a better place if the moon were made of green cheese," for example, is a normative statement since it communicates an opinion about what should be. The modal verbs "should", "would", "could", or "must" distinguish normative claims. Normative assertions are the foundation of normative economics.
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Full Question :Refer to the diagram. Which of the following is a normative statement?
a. Point C is superior to point B because it is important to enhance the future of society
b. If society is initially at point c, it must sacrifice 6 units of bread to obtain one more unit of tractors
c. If society produces 2 units of tractors and 12 units of bread, it is not using its available resources with maximum efficiency
d. Other things equal, the combination of outputs represented by point D will result in more rapid economic growth than will the combination represented by point C
the effectivesness of demand-based pricing often depends on a marketer's ability to determine all the costs associated with the product
The given statement "The effectiveness of demand-based pricing often depends on a marketer's ability to determine all the costs associated with the produc" false because demand-based pricing techniques are simple to implement.
Demand-based pricing is any pricing technique that takes into account swings in consumer demand as well as adjusts prices to reflect the resulting changes in perceived value.
When developing a value-based pricing structure, marketers must first determine whether to provide value or emphasis on features. This is the point at which you must be strategic. There are two fundamental pricing techniques based on value.
Value-based pricing is a pricing approach that bases prices primarily on the perceived value for a product or service by the consumer. Consumer-focused value-based pricing means that organizations base company pricing on how much a consumers think a product is worth.
The question is incomplete, the complete question is:
The effectiveness of demand-based pricing often depends on a marketer's ability to determine all the costs associated with the product.
(a) True
(b) False
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Government officials of Country Zestimate that next year's publicprograms will cost $19 million but thattax revenues will be only $15 million.The officials could avoid a deficit nextyear by adopting which of the followingfiscal strategies?A.Reduce the cost of publicprograms by $4 million.B.Increase taxes by $4 million.C.Borrow $4 million by issuing new government bonds.D.All of these strategies will avoid a deficit.
By adopting all the strategies will avoid the Deficit next year. Thus, option D is correct.
What is Deficit?When costs exceed income, imports outweigh exports, or liabilities outweigh assets, a deficit is created in the financial sense. The opposite of a surplus, a deficit is a shortfall or loss. A government, business, or individual can have a deficit if they spend more money than they make in a given timeframe, typically a year.
Running a deficit will reduce any current surplus or increase any existing debt, whether the situation is personal, corporate, or governmental. Deficits are widely thought to be unsustainable in the long run because of this.
On the other hand, the renowned British economist John Maynard Keynes argued that fiscal deficits enable governments to buy goods and services that can boost their economies.
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The marginal benefit received for each gallon of gasoline consumed per week for Ang, Tony, and Gianna is provided in the accompanying table. On the same graph, plot each of their individual demand curves. Assuming these are the only people in the market, graph the market demand curve for gasoline.
The marginal benefit is the highest amount that an individual is willing to pay for a unit or units of good or service.
What is marginal benefit?
A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit.
It also refers to the additional pleasure or utility that a customer experiences after purchasing the extra commodity or service.
As a consumer consumes more of a good or service, their marginal benefit tends to drop.
The term "marginal revenue" is frequently used in the business world to describe the manufacturers' marginal gain.
Consumer surplus refers to the willingness of a consumer to pay more than the going rate for a commodity or service.
Any essential products, like medicine, do not lose some of their marginal benefits over time.
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Over the years, the Securities and Exchange Commission (SEC) has delegated its statutory authority to establish accounting principles for publicly traded companies in the United States to each of the following organizations except the:
a. Committee on Accounting Procedures of the American Institute of Accountants.
b. Accounting Principles Board (APB).
c. Financial Accounting Standards Board (FASB).
d. None of the above organizations were ever delegated authority by the SEC to establish accounting principles in the U.S.
Option D is correct. None of the above organizations were ever delegated authority by the SEC to establish accounting principles in the U.S.
What is Securities and Exchange Commission (SEC) ?The Securities and Exchange Commission (SEC) is a federal government of the United States regulatory agency. Its key goals are to secure shareholders, keep marketplaces fair, orderly, and efficient, and encourage economic growth. In reaction to the 1929 stock exchange crisis and the massive public view that perhaps the markets were plagued with fraud and manipulation, the Securities Exchange Act established the SEC in 1934.
The issuance and trading of stocks, bonds, and other securities are all vulnerable to the SEC's effective regulatory authorities. It is in charge of enforcing federal securities legislation such the Sarbanes-Oxley Act of 2002 and the Securities Act of 1933, as well as the Securities Exchange Act of 1934.
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since the company is not large enough to occupy the entire building it owns, it rented space to a tenant at $3,000 per month, starting on november 1. the rent was paid on time on november 1, and the amount received was credited to rent revenue. however, the tenant has not paid the december rent. the company has worked out an agreement with the tenant, who has promised to pay both december and january rent in full on january 15.
Adjustment Entries for the question above are:
Debit Rent Receivable $3000
Credit Rent Earned $3000
Based on the case above, the company and the tenant have made an agreement that the tenant will pay the rent on January 15th. So the December rent that has not been paid yet should be input as Rent receiveable as a receivable.
So when the tenant paid the rent in February the company can enter it into a cash account (Debit) and Rent receiveable (Credit)
Adjustment entries are accounting terms that mean a process of adjustment of company books to better align the company financial statements with the income and expenses.
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According to modern classification of accounts, the sales account is a(n) ________account.
According to modern classification of accounts, the sales account is a revenue account.
What is a revenue account?Revenues are the assets generated by the operations and business activities of a company. In other words, revenues include the cash or receivables received by a business in exchange for the sale of its goods or services. The revenue account is a credit balance equity account.
When we earn revenue, we need to properly record it in our accounting books.
The two kinds of revenue account- operating and non-operating revenue accounts can be classified further into-
SalesRent revenueDividend revenueInterest revenueContra revenue (sales return and sales discount)Therefore, the sales account is a revenue account.
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South Avenue publishing self help books.The company profit is the
If South Avenue publishing self help books.The company profit is the:
Money the company earns after paying all of its production costs.
What is profit?Profit can be defined as the income or revenue earn after deducting all expenses.
South Avenue publishing self-help books would tend to generate profit or revenue through the sale of their books after deducting all expenses .
They would earn their revenue by selling their books to retailers, such as bookstores and online retailers, as well as through direct sales to consumers through their own website.
Therefore the statement that complete the sentence is: Money the company earns after paying all of its production costs.
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griffin service company, incorporated, was organized by bennett griffin and five other investors (that is, six in total). the following activities occurred during the year: A.Received $72,000 cash from the six investors; each investor was issued 8,600 shares of common stock with a par value of $0.10 per share.
B.Purchased equipment for use in the business at a cost of $20,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months).
C.Signed an agreement with a cleaning service to pay $140 per week for cleaning the corporate offices next year.
D.Received an additional contribution from investors who provided $3,200 in cash and land valued at $17,000 in exchange for 1,200 shares of stock in the company.
E.Lent $2,700 to one of the investors, who signed a note due in six months.
F.Bennett Griffin borrowed $7,200 for personal use from a local bank, signing a one-year note. Using the balances in the T-accounts, fill in the following amounts for the accounting equation:
There is no need to record transactions c and f in the journal. The following year, c will obtain services.
This transaction's journal entry is $27,000 debit from Chris Stosch’s account. Cash Account Credit. $5000. To Credit Payable Bills $22000.Because the truck is being purchased for personal use rather than for corporate purposes, it is a transaction of drawings. Drawings are defined as funds taken out of a business for personal use, which causes the owner's capital balance to drop. Because of the outflow of cash and the decline in the cash balance, the cash account is credited. The business's liability is its bills payable. because it is the money that the company owes its suppliers. There is no need to record transactions c and f in the journal. The following year, c will obtain services. The corporation as a legal entity is unaffected by the transaction in f.
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an hr serves as a consultant to management on hr-related issues. group of answer choices generalist specialist assistant business partner
HR business partner is someone who serves as a consultant to management on HR-related issues.
What is an HR Business Partner?
A senior professional who is committed to leveraging human resources to advance a business unit is an HR business partner. For instance, when it comes to hiring, an HR business partner might collaborate with executives and business unit leaders to create a plan for the kinds of people to find, screen, and hire in order to broaden the company's talent pool or add new skill sets.
The Society for Human Resource Management claims that the HR business partner position differs significantly from other HR positions like HR manager or director in a number of key ways.
The HR director holds an executive role and develops policies for things like compliance, benefits, payroll, and areas like productivity and discipline.
The daily enforcement of human resources policy falls under the purview of the HR manager.
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Although they do not guarantee optimal solutions, ______________ are useful in finding reasonable solutions when the number of possible options is overwhelming.
Heuristics are helpful in locating reasonable solutions when there are a lot of conflicting options.
What sort of heuristic would this be?Heuristics can be viewed as neurocognitive frameworks that people frequently use to arrive at solutions quickly. For instance, if a student had to choose what to major in at university, she would probably follow her intuition and choose the course of study she thinks will be the most rewarding, useful, and interesting.
What does heuristic mean in plain English?Heuristics are mental shortcuts that are frequently used to streamline issues and prevent cognitive overload. Heuristics, which enable people to arrive at rational conclusions or solutions to complex issues quickly, are a function of how the brain evolved and is wired.
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Which of the following is a poor example of a threat of an industry substitute in a five forces analysis?a. Cell phone as a substitute for a copy machineb. Rock climbing as a substitute for going to a moviec. Splenda as a substitute for sugard. Coca-Cola as a substitute for Pepsi
Rock climbing as a substitute for going to a movie is a poor example of a threat of an industry substitute in a five forces analysis
A given company sector's overall competitive environment is to be evaluated using Porter's Five Forces model. A significant element of market intensity is matched to each of the five forces. The presence of alternatives that can be employed in place of the primary good or service provided by an industry is referred to as the threat of substitutes in a five forces analysis.
In terms of features and capabilities, the replacement should be effectively comparable. Rock climbing would not be regarded as a threat of substitute in this approach because going to the movies and rock climbing are not comparable goods or services, and they are two totally different activities.
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identify the country that is projected to contribute the most to global growth between 2006 and 2020.
Between 2006 and 2020, China is anticipated to contribute the greatest amount to global growth.
What is the world's growth?Growth is defined as the amount of change in each nation's GDP, or total value of products and services generated there, during the previous twelve months. Global Economic Policy. Global. Worldwide Monetary Fund (IMF). A rapidly expanding company expands internationally when it enters lucrative foreign markets.
Why do companies expand globally?Being able to offer a dependable service to their foreign clients is one of the reasons organizations grow internationally. A positive global reputation will draw in new clients. A business can acquire credibility and grow its name recognition by expanding abroad.
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According to economic advisor Walt Rostow, all countries go through four stages of economic development. What is the correct sequence of economic development stages? A.traditional, technological maturity, take-off, and high mass consumption
B.take-off, traditional, high mass consumption, and technological maturity
C.high mass consumption, technological maturity, take-off, and traditional
D.traditional, take-off, technological maturity, and high mass consumption
The proper order of economic development phases, Answer is D. Traditional, take-off, technological maturity, and high mass consumption
Which stages of economic development should be completed first?
The correct sequence of economic development stages is as follows:
1. Primitive or traditional stage: This is the earliest stage of economic development in which an economy is largely based on subsistence agriculture, barter exchange and use of primitive tools.
2. Pre-conditions for take-off stage: This is the stage in which the economy has achieved the necessary pre-requisites for industrialization such as technological advances, capital formation, and a well-developed infrastructure.
3. Take-off stage: During this stage, the economy experiences rapid economic growth due to the expansion of modern industries and the availability of resources.
4. Drive to maturity stage: This is the stage in which the economy begins to diversify and modernize its production structure. This is also the stage in which the economy begins to experience a steady growth in its GDP.
5. High mass consumption stage: This is the final stage in which the economy has achieved a high level of economic development and its citizens enjoy a high standard of living and mass consumption of goods and services.
In conclusion, the correct sequence of economic development stages is primitive or traditional, pre-conditions for take-off, take-off, drive to maturity, and high mass consumption.
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