Devils Advocacy assigns someone in an organization or group to identify potential issues or challenges with a proposed process.
What is Devils Advocacy?When someone engages in "devil's advocate" behaviour, they are promoting a viewpoint that is in opposition to what they actually believe. The idea is to show how the opposite side feels and, perhaps, to help someone else understand why and how that opponent might respond. when someone feigns opposition to a proposal that has broad support in a debate or argument in an effort to find errors or weaknesses. Using a devil's advocate to generate genuine opposition is not only a watered-down method. A devil's advocate might even produce the precise outcome they are trying to avoid. Even in studies where using a devil's advocate prompts more arguments, the new arguments typically favour the group's position.
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misappropriation of assets is a fraudulent act that involves group of answer choices dishonest conduct by those in power. misrepresenting facts to promote an investment. using computer technology to perpetrate a crime. theft of company property.
Misappropriation of assets is a fraudulent act that involves theft of company property.
In asset management, the challenges faced in addition to maximizing the life cycle of the asset itself are errors, misappropriation of assets and financial statement fraud on assets under management.
Mistakes are common in various managements, errors in asset management are caused by unintentional mistakes, in contrast to misuse and fraud which have an intentional element. These things lead to company losses in terms of assets.
Understanding Missappropriation of AssetsMisappropriation of company assets or assets is an illegal act which is often also referred to as embezzlement of assets or theft of assets. For example, embezzlement of company cash, use of facilities for personal gain, fraudulent expenditure of company expenses.
The embezzlement of large amounts of assets will adversely affect the company's cashflow. If not immediately detected and prevented, this will become a new culture that is detrimental to the company.
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now that we understand copyright, what would need to change in order for the scenario from the warm-up to be okay?
I would have to draft a creative commons license allowing others to use my work and market products bearing my artwork.
A copyright is a type of intellectual property that, for a specific period of time, grants the owner the sole authority to reproduce, transmit, adapt, display, and perform a creative work. The creative work may take the form of a literary, artistic, musical, educational, or other creation. A copyright is subject to limitations based on public interest considerations, such as the fair use doctrine in the United States. A copyright is intended to protect the original expression of an idea in the form of a creative work, but not the idea itself.
In some jurisdictions, copyrighted works must be "fixed" in a physical form. It is frequently written jointly by several authors, each of whom has a specific set of license or usage rights.
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speyer medical clinic measures its activity in terms of patient-visits. last month, the budgeted level of activity was 1,190 patient-visits and the actual level of activity was 1,180 patient-visits. the cost formula for administrative expenses is $4.30 per patient-visit plus $23,500 per month. the actual administrative expense was $23,200. in the clinic's flexible budget performance report for last month, the spending variance for administrative expenses was:
The clinic's spending variance for administrative expenses last month was $3,895 F, assuming that the actual administrative expense was $22,000.
What is a variance in spending?
Spending variation is the difference between what someone actually paid for something (the actual cost) and what they anticipated it would cost (the projected cost).
A company's spending variance can be used to determine whether it is operating effectively or whether its standards for setting budgets and performing calculations are reliable. This enables you and your client to reevaluate the production costs and operating expenses.
Calculation:
The initial step is to identify the anticipated administrative costs.
Expected administrative costs equal expected patient visits multiplied by the cost per visit plus an additional sum.
Expected administrative costs are equal to 1140 x $4.30 plus $23,500.
Administrative costs anticipated = $4,902 + 23,500
Expected administrative costs are $28, 402 dollars.
Let's now determine the spending variation.
Variance in Spending = $23,200 - $28,402
Cost Variance = $5,202 F.
Consequently, the spending variance is $5,202 in favor.
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In paragraph form (5-6 sentences), what are some of the pros and cons about entrepreneurship? Give your views on it in-depth.
The advantages and drawbacks of something are its pros and negatives, which you carefully weigh in order to come to a wise decision. One of the biggest advantages of being an entrepreneur is that you get to learn a lot and wear many different hats.
These advantages lessons cover a variety of topics, like marketing, money management, dealing with people, managing risks, getting the job done as efficiently as possible, etc. in addition to your own industry. Entrepreneurs have a significant risk of failure, and the expenses are occasionally paid for by the public. If established businesses close, entrepreneurial initiatives could result in layoffs in the medium term. Self-employment is not always a reliable predictor of entrepreneurial activity.
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suppose a consumer is currently spending all of her available income on two goods: music cds and dvds. if the price of a cd is $9, the price of a dvd is $18, and she is currently consuming 10 cds and 5 dvds, what is the consumer's income?
The consumer's income is $180
Income is the money that an individual or organization receives in return for their services or goods. Depending on the context—such as taxation, financial accounting, or economic analysis—income may have a variety of definitions. For the majority of people, their total earnings include their wages and salaries, investment returns, pension payments, and other receipts. For businesses, income refers to the money made from selling goods and services as well as any interest or dividends paid on the company's cash holdings and reserves.
Price of cd = $9
Number of cd purchased = 10
Total money spent on CDs = 9*10 = $90
Price of DVD = $18
Number of DVD purchased = 5
Total money spent on dvd = 18*5 = $90
Total income = Money spent on dvd + Money spent on cd
= 90 + 90 = $180
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purchasing of services can be more challenging than purchasing of materials because: group of answer choices
Quality can be difficult to predict and measure ahead of time, purchasing services can be more challenging than purchasing materials.
How does procurement contribute to an organization's quality improvement?However, when implemented widely within an organization, procurement frequently results in increased efficiency and a better match with desired goods or services. A more efficient sourcing process will result in timely delivery of high-quality goods and services.
What aspect of the procurement process is the most crucial?One of the most significant sources of data in procurement is financial data. To enhance the procurement procedure, this data can be used to comprehend spending patterns and trends. Additionally, cost-cutting opportunities can be found using financial data.
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You have an opportunity to invest now in return for in one year. If your cost of capital is , what is the npv of this investment?.
In an opportunity to invest $48,900 now in return for $61,200 in one year and cost of capital is 8.6%, the net present value (NPV) of this investment is $7,453.60.
Net present value (NPV) refers to a financial metric that depicts the total value of an investment opportunity. It is used to establish the current value of all future cash flows generated by a project, including the initial capital investment. In case that there is one cash flow from a project that will be paid one year from now, the calculation for the NPV is:
NPV = (Cashflow/(1+i)^t) – Initial investment
Where i is the required rate or discount rate and t is the number of time periods.
Here,
i = 8.6% or 0.086
t = 1
Cashflow = $61200
Initial investment =$48900
Substituting the values,
NPV = (61200/(1+0.086)^1) – 48900
NPV = 56353.59 – 48900
NPV = 7453.60
Hence, the net present value is $7,453.60.
Note: The question is incomplete. The complete question is: You have an opportunity to invest $48,900 now in return for $61,200 in one year. If your cost of capital is 8.6% what is the NPV of this investment?
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z, inc. had net income after taxes of $3,000,000. it had 9,000 shares of stock outstanding at the beginning of the year and 12,000 shares at the end of the year. what are its earnings per share (eps)?
Earnings per share, or EPS, were $285.71.
What constitutes a high earnings per share?Stocks rated 80 or higher have the best chance of success. By repurchasing shares and reducing the total number of shares outstanding, the company can increase his EPS number. Therefore, a significant increase in revenue requires a significant increase in revenue.
EPS = Period-End Common Shares Outstanding / (Net Income - Preferred Dividends). For example, a company named XYZ has a net turnover of $1 million. The preferred dividend is $200 thousand and there are currently (on average) $400 thousand ordinary shares in issue. Earnings per share is calculated by dividing net income by average number of shares outstanding.
= $3,000,000 / ((9,000+12,000) /2)
= $3,000,000 / (21000/2)
= $3,000,000 / 10,500
= $285.71 per share
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which of the following is not one of the most common depreciation methods? a.units-of-activity method b.double-declining-balance method c.straight-line method d.sum-of-the-years-digits method
The statement that is not one of the most common depreciation methods is the b.double-declining-balance method.
Depreciation is used for the cause of writing off the fee of an asset over its useful life. Depreciation is an obligatory deduction in the income and loss statements of an entity and the Act permits deduction both in the immediately-Line technique or Written down price (WDV) method.
Alternatively, for tax purposes, depreciation is considered a tax deduction for the healing of the charges of belongings employed inside the employer's operations. As a consequence, depreciation basically reduces the taxable earnings of a taxpayer. The tax deductions are usually to be had for each individual and group.
Depreciation expense seems on the income declaration, even as collected depreciation appears on the balance sheet. The balance inside the depreciation fee account is a debit, while the balance inside the amassed depreciation account is a credit.
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Which economic measure is the monthly measure of all sales of durable and nondurable goods bought by consumers?.
Retail sales are the monthly measure of all sales of durable and nondurable goods bought by consumers.
Retail sales, which include both in-person and online transactions, are the sales of consumer items or finished products by companies to ultimate customers. Products could be perishable or durable with long-anticipated shelf life such as groceries. Furniture, food, and clothing are a few examples of consumer goods.
Most of the time, a retail salesman deals with customers. They frequently greet customers, assist them in finding the merchandise they're looking for, respond to inquiries from customers, and take payments for goods. They could also put away clothes or restock shelves.
A crucial macroeconomic indicator that tracks consumer demand for completed goods is retail sales. A study compiles consumer purchases of both durable and non-durable products. The retail sales report aids analysts and investors in assessing the economy's health and potential inflationary pressures.
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in the substantive audit procedures for payroll where the control risk is set at low, an auditor most likely would:
In the substantive audit procedures for payroll, the auditor will compare payroll costs with entity standards or budgets.
A sort of audit method known as substantive analytical procedures is carried out to address the risk of major discrepancies of the significant account balances with respect to its financial statements. By demonstrating that there are no errors, substantive testing supports a firm's claim that its financial records are true, accurate, consistent with standards, and valid.
Using this traditional auditing method, the auditor can form an overall opinion regarding the company's financial statements. An auditor would probably evaluate the total payroll costs with entity standards or budgets in the substantive audit procedures for payroll if the control risk is set at low.
Complete Question
In the substantive audit procedures for payroll where the control risk is set at low, an auditor most likely would
A. Verify that checks representing unclaimed wages are mailed.
B. Trace individual employee deductions to entity journal entries.
C. Observe entity employees during a payroll distribution.
D. Compare payroll costs with entity standards or budgets.
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which one of these is an example of a necessary debt
Answer:
An example of unnecessary debt is when you change your clothes and don't really need on a high-interest score. Thus option C is correct.
What is unnecessary debt?
An unnecessary debt can be caused by a variety of issues such as expensive life events, having children, or moving to a new house. It may also be due to poor money management. The debt is due to those things that are not needed and hence are unnecessary.
Explanation:
your boss did not respond to an email you sent and then resent. when you see her in the hallway, you mention the email, and say, i assumed you were busy or you were waiting to see me in person to talk about my message. this is an example of .
This is an example of passive communication. You are not directly confronting your boss about the email, but you are indirectly bringing it up. This could be seen as a way to avoid conflict, or it could be seen as a way to gauge your boss's reaction to the email.
Assuming that your boss saw your email and chose not to respond is an example of an assumption. This could be due to a variety of reasons, such as your boss being busy or not wanting to discuss the matter over email. If you see your boss in the hallway, you can mention the email and ask if she would like to discuss it in person. This will give you a better idea of why she chose not to respond and whether or not she is open to talking about the matter.
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an example of a positive demand shock is a. a decrease in the money supply. b. a decrease in government spending. c. a decrease in foreign export demand. d. a decrease in the price of imported oil. e. a decrease in tax rates.
An example of a positive demand shock is a a decrease in foreign export demand. Demand is just a consumer's desire to purchase products and services without hesitation and pay the price for them.
Simply said, demand is the number of things that customers are ready and willing to purchase products at various prices over a certain time period. Demand is the consumer's desire and willingness to purchase a product or service at a specific time or over time. Customers must also be able to pay for what they want or need based on their disposable income budget.
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Solve -42*r+27*c **random question*Help! Tutor me I need some halp with math please :)
Answer:
Wassup Okay so the answer is 4 okay I know this for fact trust :)
Explanation:
resolving a dispute by deferring to formulas established by the financial accounting standards board reflects which of the four key principles of negotiation?
Answer:use objective criteria when possible
Explanation: quizlet
a customer complained about the new toaster she had purchased because, even on the lowest setting, it burned the toast. this kind of complaint is caused by the
This kind of complaint by a customer is caused by the manufacturer.
Who is a customer?A customer is the recipient of a good, service, product, or idea in sales, commerce, or economics that they have purchased from a seller, vendor, or supplier in exchange for money or another valuable consideration. The gift economy based on favors was a mainstay of early societies. Later, as commerce grew, less long-lasting human relationships were created, relying more on momentary needs than on enduring social desires. Customers are typically defined as those who purchase goods and services, whereas clients are those who receive individualized guidance and assistance. While grocery stores, banks, and restaurants tend to prefer customers over clients, businesses like law firms, movie studios, and health care providers tend to prefer clients despite the fact that these distinctions have no contemporary semantic significance.
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which is not a potential explanation for ipo short-term underpricing? group of answer choices underwriters can unload more shares at a lower price. due to asymmetric information, firms need to lower price so outside investors are willing to invest. high returns on the first trading day attracts investors. firms want to raise more capital
High returns on the first trading day attracts investors is not a potential explanation for IPO short-term underpricing.
An initial public offering (IPO) is the procedure of selling fresh shares of stock to the general public in a private firm.For a company to hold an IPO, the Securities and Exchange Commission (SEC) and exchange standards must be met.Companies have the chance to raise money through IPOs by selling shares on the primary market.Investment banks are used by businesses to market, assess demand, determine the pricing and timing of initial public offerings, and perform other tasks.An IPO can be viewed as a way for the company's founders and early investors to cash out and receive the full return on their private investment.An IPO is a significant milestone for a business since it gives it access to a large source of funding.Learn more about Initial Public Offering (IPO), here
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international economics how much labor is employed in the prodcuton of jackfruits after trade is opened and which product does cambodia export when trade is allowed?
Cambodia export textile goods when trade is allowed and an estimate of 25000 labors is employed in the production of jackfruits.
What is international economy , how many labors for jackfruit production and what product does cambodia export?International economy is the economy of exports and imports across countries and nations for the benefit of the company.Here the question is asked of the number of labors employed for jackfruit production and what product cambodia export when trade is allowed.Hence the number of labors employed in the production of jackfruits is about 25000 and the cambodia export textile goods when trade is allowed.International economy is all about the interactions of economy, goods between countries , for example the trade growth between china and India.Hence the international economy 25000 labor is employed in the production of jackfruits after the trade is opened and the product that cambodia export when trade is allowed is textile goods.To know more about trade visit:
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auditing interpretations are issued by the audit issues task force of the auditing standards board (asb) to provide timely guidance on the application of pronouncements of the asb. they are group of answer choices not auditing standards. equally as authoritative as statements on auditing standards. more authoritative than statements on auditing standards. nonauthoritative opinions that are expressed without consulting the asb.
a. Not auditing standards Auditing interpretations are interpretive publications and are recommendations for applying ASSA in specific situations.
What do accounting interpretations entail?
According to AU-C section 200, Overall Objectives of the Independent Auditor and the Conduct of an Audit in Compliance With Generally Accepted Auditing Standards, auditing interpretations of generally accepted auditing standards (GAAS) are interpretive publications. Recommendations on how to apply GAAS in particular situations, such as engagements for businesses in specialized industries, are found in interpretive publications.
The AICPA Auditing Standards Board (ASB) has the right to create interpretative publications, but only after all ASB members have had a chance to examine and comment on whether the proposed interpretive publication is consistent with GAAS. The AU-C portions contain GAAS auditing interpretations.
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what is the entry a company records at the time it issues a $1,000, 6% note to one of its employees that the employee needs to repay in 6 months? (select all that apply.) multiple select question. credit notes payable credit cash debit notes receivable debit cash credit interest revenue debit notes payable
The entry a company records at the time it issues to one of its employees that the employee needs to repay in 6 months will be $1,030.
What is company records?In this part, “company records” means registers, indexes, accounting records, contracts, memorandums, records, or other documents that a business is required to keep under these Regulations. ‹ Company records. 995. Over 85% of his music industry is represented by major record labels. Currently, the four major company records are EMI, Sony Music Entertainment, Universal Music Group and Warner Music Group. record types let you categorize data for contacts, accounts, deals, and custom modules so that users with different roles can use and update the data in different ways in CRM. This is made possible by having different field permissions and data ranges for each record type and role.To learn more about company records from the given link :
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assume that the currency-deposit ratio is 0.11, the required reserve ratio is 0.05, and the excess reserves to deposit ratio is 0.14. if the monetary base is $6 trillion, find (a) the amount of currency in circulation in trillions of dollars; (b) required reserves in trillions of dollars; (c) excess reserves in trillions of dollars; (d) simple deposit multiplier which ignores leakages; (e) actual money multiplier; and (f) money supply in trillions of dollars. (round all answers to one decimal point)
The bank is only required to retain 10% of its deposits in reserve if the statutory reserve ratio is 10%.
What is the statutory reserve rate?The term "Statutory Reserve Rate" refers to a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the total of the maximum reserve percentage (including any marginal, special, emergency, or supplemental reserves) established by the Federal Reserve Board.Statutory Liquidity Ratio, or SLR, is the minimum proportion of deposits that a commercial bank must keep in liquid cash, gold, or other securities. Essentially, it is the minimum amount of reserves that banks must hold in order to extend credit to customers.To learn more about Statutory Liquidity Ratio refer to:
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Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. what is his total debt-to-income ratio rounded to the nearest percent?
Answer:
18%
Explanation:
56% is his total debt-to-income ratio rounded to the nearest percent. Thus, option A is correct.
What is debt?
Debt may be defined as the sum that the borrower owes the lender. A debt is an amount of money that has been borrowed over a certain time frame and must be repaid, plus interest. The borrower's way and the effect that affects both the debt's size and its acceptance. A debt trap occurs when a borrower is driven to take out more loans in order to pay off previous ones. A debt trap happens when financial responsibilities outweigh a person's ability to repay loans.
Total debt payment can be termed as the sum of all debt payment
= 325 +290 +930 +400
= 1945
Debt-to-income ratio formula will be termed as
= total debt payment/income
= 1945/3500
= 56%
Therefore, option A is the correct option.
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The question is incomplete, the complete question will be:
Jorge has a monthly gross income of $3,500, and his monthly debt payments are $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. What is his total debt-to income ratio rounded to the nearest percent?
56%
43%
18%
31%
Lower-level public agency employees who take actions outlined in law are known as ______.
Lower-stage public employer personnel who take moves mentioned in regulation are recognized as Street-Level Bureaucrats.
These are public personnel who have interaction immediately with residents and feature good sized discretion withinside the execution in their work (1980:3). Examples are teachers, police officers, widespread practitioners and social employees. These street-stage bureaucrats enforce public policies. Street-stage bureaucrats act as liaisons among authorities coverage-makers and residents and those civil servants enforce coverage selections made with the aid of using senior.Street-Level Bureaucrats in Perspective.
“Street-stage bureaucrats” are public provider employees “who have interaction immediately with residents withinside the direction in their jobs, and who've good sized discretion withinside the execution in their work. A few examples include police officers, border guards, social employees and public faculty teachers. These civil servants have direct touch with individuals of the overall public, in assessment with civil servants who do coverage evaluation or financial evaluation, who do now no longer meet the public.
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what can cause the market equilibrium price and equilibrium quantity of bacon -- a normal good -- to increase?
With everything else remaining the same, an increase in demand of bacon will result in a rise in the equilibrium price and an increase in supply. When demand declines, the equilibrium price will drop and less will be supplied.
What can cause the market equilibrium price and equilibrium quantity?New equilibrium price and quantity are produced as a result of changes in the factors that determine supply and/or demand. The former price will no longer be an equilibrium when supply or demand changes.
Instead, there will be a shortage or surplus, and as a result, the price will change until a new equilibrium is reached. A rise in demand will result in an increase in a good's equilibrium price and output. Amount provided will exceed quantity required if the market price is above equilibrium, resulting in a surplus.
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why might investors prefer stock dividends over cash dividends? a.) if they are seeking flexibility b.) if they are seeking a predictable income stream c.) if they are seeking a stable share price d.) if they are seeking short-term liquidity
Investors prefer stock dividends over cash dividends if they are seeking short-term liquidity.
What is stock dividend?An additional share of firm stock is given to the holders of common stock through a stock dividend. According to each shareholder's ownership stake in the firm, these dividends are dispersed equally to each. The share of their ownership in the corporation is maintained by such distributions. The dividend given to holders of common stock from the company's profits is known as a common stock dividend. The payout comes in the form of cash or shares, just like regular dividends. Particularly when the payout is a cash distribution that is effectively a liquidation, the law may be able to control the common stock dividend's size. These financial dividends could be given with the intention of deceiving creditors.
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curling is a sport that involves sliding a granite stone over a patch of ice. the winter olympics has generated a lot of excitement about the fascinating sport of curling. as a result, demand for curling stones has increased. curling stones are made from blue trefor granite. there are limited deposits of blue trefor, and other types of granite are poor substitutes. if the increase in demand for curling stones persists, do you expect the long-run equilibrium price to increase, decrease, or stay the same?
Increase as the supply of curling stones stays the same while the demand curve moves to the right. Long-term price increases for curling stones result from this.
A demand curve in economics is a graph that shows the relationship between a commodity's price (on the y-axis) and how much of it is demanded at that price (the x-axis). Demand curves can be used to analyse the price-quantity connection for either a single consumer (an individual demand curve) or for all consumers in a specific market (a market demand curve). Demand curves are used to predict behaviour in competitive markets and are frequently combined with supply curves to determine the equilibrium price (also known as the market clearing price, which is the price at which sellers and buyers together are willing to sell the same amount as each other) and the equilibrium quantity (the amount of that good or service that will be available at that price)To know more about Demand curve visit:
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the following budgeted information relates to green power inc.: cost of goods manufactured $3,000 cost of goods available for sale $3,150 beginning finished goods inventory $125 ending finished goods inventory $200 what amount of cost of goods sold will be reported on the budgeted income statement by green?
Green's cost of goods sold will be reported on the budgeted income statement as $2,925.
A budgeted income statement (also known as a budget income statement) is a document that estimates and evaluates a company's revenue and expenses. It's a planning tool many businesses use at the start of the fiscal year to develop and finalize their annual budgets. These statements assist companies in making better decisions and allocating resources appropriately, ensuring that they are as prepared for the future as possible.
A budgeted income statement focuses on projections for the coming year or another time period. Some businesses may divide this financial report into smaller monthly or quarterly sections for a more granular assessment. To create this statement, you must forecast and estimate all revenue and expenses.
These estimated figures are frequently included in a budget income statement:
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the currency traders who seek to minimize their risk of exchange-rate fluctuations, often by entering into forward contracts or similar financial instruments are called .
Hedgers are currency traders who attempt to reduce their exposure to exchange-rate fluctuations, frequently through the use of forward contracts or other financial instruments.
A fund or person who hedges is called a hedger. A hedge is something that guards against potential financial losses. There are numerous financial instruments products available to help protect against any kind of monetary loss.
For instance, a fund can buy commodities like gold to protect itself Hedgers against inflation, which will depreciate the value of its cash financial instruments holdings. Gold is regarded as a natural inflation hedge for this reason. Hedgers are currency traders who attempt to reduce their exposure to exchange-rate fluctuations, frequently through the use of forward contracts or other financial instruments.
In essence, a hedge is a protection tool, and a hedge is a person who Hedgers employs such tools. Another classification of hedge is insurance.
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the purchase of a capital asset adds to the demand for loanable funds only if that asset is a domestic one. a. true b. false
The purchase of a capital asset adds to the demand for loanable funds only if that asset is a domestic one. It is a False statement.
What is capital asset?It is defined as property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating. For business, a capital asset is an asset with a useful life longer than a year that is not intended for sale in the regular course of the business's operation.
A few example of capital assets are property held for personal use (such as an individual's home, automobile, furniture, jewelry) and property held for investment (such as stocks, bonds).
Why the statement above is false?
It is because regardless of the asset is domestic or international, the purchase of capital assets adds to the demand for loanable funds.
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