Writing Assignment #2: Starting a Small Business

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Answer 1
ESSAY ON STARTING A SMALL BUSINESS

Starting a small business is the best way to gain freedom. Although this statement is disputable, it has sense.

Why do people decide to become entrepreneurs? They are longing for independence. Small business helps one manage his time in the way he wants. He can produce the goods and services he likes. Finally, he is able to try to be responsible and creative.

Small business is very important for the economy of every state. Small entrepreneurs contribute into the state budget a lot. It is possible to say that the complex of small and middle firms provides the country with the same profit as big business does. In simple words, a prosperous state cannot survive without small business. It is impossible to defeat poverty without small business. Thus, if you have any genuine and uncommon ideas concerning the production of useful goods and services, establish your own small firm.

Starting up is not easy

Starting a small business is not an easy thing. Whether you’re doing something as simple as business paper writing as a business or as grand as running a construction company building skyscrapers, you should be psychologically and financially prepared to numerous challenges. Moreover, it is vital to know something about business, management and marketing.

To begin with, you should educate yourself about the business and market. Learn from reputable education websites.

You should also study the market in order to learn about the goods and services that are required by consumers. This factor is the crucial one. When you discover that people demand an item but no one has produced it yet, you have the best chances to conquer the chosen sector of the market. Secondly, you ought to think about the price and quality of your product.

There are two options. The foremost one is the production of high-quality and expensive goods that will serve long. The second option is related to consumerism. You produce poor-quality cheap goods and attract clients with the help of the lowest prices.

Sad to say but it is difficult to choose the best option. Many people are ready to pay a lot to possess a quality item. Others avoid paying a lot and prefer cheap products. If you need title cash now to start your business, consider applying for a title loan.

Create a business plan

Then, you should create your own business plan that will contain the entire information about the functioning of your firm. Think about the target groups of customers, production, logistics, storage and retail.

Apparently, you should produce and store your goods somewhere. Then, you will meet with such issues as revenue and expense. You will need to hire a few employees to run your business rewardingly. Without doubt, you will have to be selective, demanding and attentive in order to recruit the right people into your firm. Finally, you will meet the problem of rent, taxation, etc. A firm resembles a household. You should pay attention to the slightest problem, question and misunderstanding if you want to increase your income and develop your small firm into something bigger.

The ups and downs

As might be expected, starting a small business has many advantages and disadvantages. The most solid strong side is independence. You do not have to work for someone else. You work for your own profit. You possess the freedom of choice and actions. If you are not respected and appreciated at work, you can embody your original and amusing ideas in your own business.

Ambitious people always try to start a small business if they receive such an opportunity. You do not need to listen to the instructions and threats of your boss when you are late. At long last, you will earn more money. You are the boss and the entire profit is yours.

Nevertheless, there are many factors that cause problems to a novice entrepreneur. You should remember that independence is also responsibility. You are responsible for your firm, its prosperity and the wellbeing of your employees. Furthermore, you are responsible for the health and life of your customers who consume your products.

You are expected to know how to develop and improve your small company beneficially. You should know how to behave in case of crisis and unpredictable situations. You should be ready to wake up at night and spend the whole day at your firm in order to settle down all urgent problems and conflicts between employees. You should be a teacher, psychologist and negotiator who is able to resolve conflicts and motivate his staff practically.

You have a great opportunity to share your experience in creating and managing your business, shoot and edit a video using ad maker in which you can talk about the difficulties and successes that you have experienced. Perhaps this will be useful for people who also want to open their own business.

Related Questions

Practice all cardsBruce works for a Houston-based energy company and has been assigned to live and work in Indonesia for the next three years. When Bruce is living in India, he is an example of a(n) ________.urbanizerexpatriatecollective bargainerunion

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Bruce works for a Houston-based energy company and has been assigned to live and work in Indonesia for the next three years. When Bruce is living in India, he is an example of a expatriate

Expatriates and Refugees

It is the one that designates everyone who lives or is outside their country, the truth is that over time they have obtained some specific connotations of the workplace, although both refer to the person who is outside his native country. However, the substantial difference between the two lies in the causes that motivate such migration: while the former does so for work reasons, the latter flees from armed conflicts or persecution for religious, political, or racial reasons.

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looking at the unemployment rates of scientists and engineers in 2017, the rates for both women (2.9%) and men (2.6%) were lower than that of the u.s. labor force (4.4%), indicating a strong demand for those with s

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Unemployment was lower among the STEM labor force (2%) compared to the non-STEM labor force (4%) in 2019, and this pattern persisted even during the COVID-19 pandemic.

Unemployment, in step with the OECD (organisation for economic Co-operation and development), is human beings above a certain age (generally 15) [2] now not being in paid employment or self-employment but currently to be had for paintings for the duration of the reference period. Unemployment is measured through the unemployment charge, that is the wide variety of folks that are unemployed as a percentage of the labour pressure (the overall quantity of people employed delivered to those unemployed). Unemployment can have many resources, such as the subsequent: new technologies and inventions the repute of the economy, which can be inspired by using a recession.

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Entrepreneurs need to remember that ____ costs are the biggest costs the business will bear.

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Entrepreneurs need to remember that employee costs are the biggest costs the business will bear.

An entrepreneur is someone who has a concept and who works to create products or services that humans will buy, in addition to an company to support that attempt. Entrepreneur takes on most of the chance and initiative for their new commercial enterprise and is regularly visible as visionary or innovator.

An entrepreneur is a French word in all likelihood coined by the economist Jean-Baptiste Say from the word entrepreneur, which is normally translated as "undertaker" or "adventurer."1 Say studied Smith's e-book and, whilst agreeing on all points, observed that the omission of enterprising businessmen becomes a critical flaw.

The entrepreneur is defined as a person who has the capability and choice to set up, administer and succeed in a startup undertaking alongside chance entitled to it, to make profits. The best example of entrepreneurship is the beginning of a brand-new business mission.

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which of the following assets are classified as section 1231 assets? (check all that apply.) multiple select question. inventory sold in a trade or business that was purchased within the last two months land held more than a year that is used in a trade or business land held more than a year for investment purposes equipment used in a trade or business that was purchased within the last six months apartment buildings held more than a year a machine held more than a year that is used in a trade or business

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Buildings, equipment, land, wood, other natural resources, unharvested crops, cattle, livestock, and leaseholds with a minimum of one year remaining are all considered Section 1231 assets.

What is a Section 1231 asset?

Real estate or depreciable business equipment kept for more than a year is referred to as section 1231 property. When a property is sold, a section 1231 gain is taxed at the lower rates for capital gains as opposed to the rate for ordinary income. The 1231 gain will not really actually apply if the property was held for less than a year when it was sold.

Section 1231 of the United States Internal Revenue Code defines the type of property known as "1231 Property." Depreciable assets and real estate (such as buildings and equipment) utilized in a trade or business and kept for more than a year are both considered to be 1231 property.

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the fact that many inputs are fixed in the short run but variable in the long run has little impact on the firm's cost curves. True or False ?

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True, the fact that many inputs are fixed in the short run but variable in the long run has little impact on the firm's cost curves.

What is cost?In manufacturing, research, retail, and accounting,  cost is monetary value  that is no longer available because it was used  to produce something or provide a service. In business, acquisition costs can be acquisition costs. In this case, the amount spent on the acquisition is counted as an acquisition cost. Cost is the amount of money a business spends to create or produce goods or services.This does not include the profit markup.Cost Per Action (CPA) is calculated as the cost divided by the number of actions  measured.For example, if you spend  $150 on a campaign and the campaign has 10 actions assigned to it, the campaign receives a per-action cost of $15.

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nce an ethically ambiguous tactic is employed, the negotiator will assess consequences on three standards. which of the following is not one of those standards

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Once an ethically ambiguous tactic is employed, the negotiator will assess consequences on three standards whether the tactic worked in the past.

What are the four criteria used to assess business and negotiating methods and strategies?

End-result ethics, duty ethics, social contract ethics, and personalistic ethics are the four criteria used to assess business and negotiating strategies and methods. The way one approaches these principles is said to be reflected in the ethical decisions one makes.

A method may be morally dubious more frequently than it is purely unethical. That is, depending on a person's ethical thinking and the situation, the technique may or may not be wrong. For instance, even if a particular activity may be against the law, the person does not view it as unethical.

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When a transfer price decreases:
1. the costs of the division using the intermediate product will fall
2. the revenues of the division using the intermediate product will rise
3. the costs of the division making the intermediate product will fall
4. the profits of the division using the intermediate product will rise
5. both A&D

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When components are manufactured internally, they must be priced as they move between departments. Market-based pricing can be used, prices can be set internally, and departments can negotiate prices.

When a transfer's cost goes down: c. The division that makes use of the intermediate product will make more money, and d. The division that makes use of the intermediate product will pay less money.

A lower price when one division buys from another will increase the revenue and profits of the buying division, just as purchasing components from another company at a lower price will reduce costs and increase profit.

What effect does transfer pricing have?

The establishment of prices for the goods and services traded between subsidiaries, affiliates, or commonly controlled businesses that are a part of the same larger enterprise is made possible by transfer pricing. Corporations may be able to save money on taxes through transfer pricing, but tax authorities may challenge their claims.

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which of the following is the best way to minimize the risk of musculoskeletal injury as a client begins an exercise program?

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Walking is the best way to minimize the risk of musculoskeletal injury as a client begins an exercise program

What is Musculoskeletal injury?

Injury and illnesses that impact the musculoskeletal system or the way the human body moves are known as musculoskeletal diseases, or MSDs (i.e. muscles, tendons, ligaments, nerves, discs, blood vessels, etc.).

Low back pain is the sole top cause of disability in 160 different nations, and musculoskeletal diseases are the main cause of disability globally.

Musculoskeletal disorders severely restrict movement and dexterity, which results in early retirement from the workforce, decreased levels of well-being, and a decreased capacity to engage in society.The number of people with musculoskeletal diseases and related functional restrictions is constantly rising due to population expansion and ageing.

In a variety of thematic areas, WHO is reacting to the burden attributable to musculoskeletal diseases.The performance of the locomotor system, which consists of healthy muscles, bones, joints, and surrounding connective tissues, is referred to as musculoskeletal health. Muscle, bone, joint, and nearby connective tissue dysfunction that results in temporary or permanent restrictions in functioning and involvement make up the more than 150 different diseases and conditions known as musculoskeletal impairments. Musculoskeletal problems are frequently characterised by discomfort (which is frequently persistent) and restrictions in movement and dexterity, which make it harder for people to work and engage in social activities. The most prevalent type of non-cancer pain is the discomfort felt in musculoskeletal structures.

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Determining Cash Flows from (Used for) Operating Activities Yeoman Inc. reported the following data:net income $332,800 depreciation expense 79,000 loss on disposal of equipment 36,300 increase in accounts receivable 28,500 increase in accounts payable 10,400Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.

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Cash flow is the movement of money into and out of a business or individual. It is the net amount of cash and cash-equivalents being transferred into and out of a business or individual.

What is Net amount?

The net amount is the amount that remains after taxes, discounts, and other deductions have been deducted from the total amount.It is the amount that is due to be paid or received.The accounting definition is a little more complicated, referring to a company's profit after deducting the cost of doing business and all other expenses, both tangible and intangible.

Cash Flows from (used for) Operating Activities:

Net Income $332,800

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation Expense -79,000

Loss on Disposal of Equipment -36,300

Increase in Accounts Receivable (28,500)

Increase in Accounts Payable (10,400)

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Which of the following is an example of a principal-agent problem?Shareholders hire a CEO to increase profits, and the CEO remodels the office with expensive artwork and furnishings. Workers are motivated to do their best on the job regardless of compensation.A firm fails to earn profits because a manager mismanages the employees.Buyers opt to buy the low-cost, low-quality version of a product even though they say their primary goal is high quality.

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Shareholders hire a CEO to increase profits, and the CEO remodels the office with expensive artwork and furnishings is an example of a principal-agent problem.

The principal-agent problem is a problem that arises because of differences in interests among stakeholders. In this case, the agent does not properly carry out the principal's orders but does other things for his own interests. The triggers for this problem are generally incentives and flexibility in completing tasks.

This difference in interests can result in financial losses for the company. Agents must make activities and decisions that benefit the principal. Because the main reason the principal invites agents to develop their business is that they are considered to have characteristics that match the expectations of the principal.

The principal referred to here can be in the form of Shareholders and CEO. Meanwhile, agents are those who develop principal tasks such as CEOs and managers.

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quantities are 4,000, 3,000, 7,500, and 3,000 for products a, b, c, and d, respectively. (round your answer to the nearest integer.)

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The Paasche index for year 5 if products quantities are  4,000, 3,000, 8,000, and 3,000 for products A, B, C, and D, respectively is 167.

Paasche price index or Paasche index is one of consumer price index used to measure the change in the price and quantity of a basket of products relative to a base year price and quantity. Paasche index calculates inflation and how it impacts the consumer purchasing patterns

Paasche price index could be calculated using this formula:

Paasche price index =  ∑(Pi,t) x (Qi,t)   x 100

                                      ∑(Pi,0) x (Qi,0)

where:

Pi,0 = price of individual item at base year

Pi,t = price of individual item at observation period

Qi,t = quantity of individual item at observation period

From the case, we know that:

Products      Q5        S1         S5         Q5xS1       Q5xS5

     A          4,000    10.50    15.90    42,000     63,600

     B          3,000    16.25    33.00    48,750     99,000

     C          8,000    12.25     18.40    98,000    147,200

     D          3,000    20.00   35.50    60,000    106,500

  Total                                               248,750    416,300

Using the Paasche price index formula, we get:

Paasche price index =  416,300 x 100

                                       248,750

Paasche price index = 167.36

Paasche price index ≈ 167

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Complete Question:

A certain manufacturing company has the following data on quantities shipped and unit costs for each of its four products

(in the attached picture bellow)

Use the price data to compute a Paasche index for the shipping cost if year 5 quantities are 4,000, 3,000, 8,000, and 3,000 for products A, B, C, and D, respectively (Round your answer to the nearest integer).

I5 =

Company goals may be slightly different across organizations, but all __________ firms must eventually _____________.
A. for profit / maximize profitability
B. manufacturers / become effective
C. non-profit / provide a useful service
D. successful / provide good customer service
E. service / provide good customer service

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Manufacturers / become effective

______________ is an integral part of your professional training and is one of the ways in which you acquire competence needed to fulfill your professional responsibilities.a. Multiple relationshipsb. Counselingc. Supervisiond. Gender-role socialization

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Supervision is an integral part of your professional training and is one of the ways in which you acquire competence needed to fulfill your professional responsibilities.

What is  supervisor?

A supervisor can as well be regarded as  lead which can be described as the job title of a lower-level management position  and it is primarily based on authority over workers or a workplace which is been done by the supervisor  and the supervisor is the most senior in the staff at the place of work,  and the supervisopr could be professor who oversees a PhD dissertation.

It should be noted that the Professional training  servbes as the acquisition of knowledge, skills as well as  experience for operating as an expert in a particular field or area of specialisation.

Therefore, option C is correct.

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a sales tax is deemed______ because everybody pays at the same rate, but the more you make, the lower the percentage of your income that goes to buying items and paying sales tax.

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Because everyone pays the same amount, a sales tax is considered regressive; nevertheless, the more money you earn, the less of your income is used for both purchasing goods and paying the sales tax.

The government gets billed a levy known as a sales tax when specified goods and services are sold. Ordinarily, laws permit the merchant to charge the customer's credit card for the tax at the time of purchase. Use taxes are sometimes used to refer to taxes on goods and services that consumers pay directly to a governing authority. The sale and use tax is frequently exempted for a variety of goods and services, including food, education, and healthcare. A sales tax is similar to a value-added tax (VAT), which is levied on goods and services. Important differences are revealed when compared to sales tax.

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with reciprocal task interdependence, individual levels of performance are______for managers to identify.

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Individual levels of performance are frequently easy, occasionally easy, and frequently challenging for managers to identify when there is reciprocal task dependency.

Make sure your team is productive and giving their best effort as a manager if you want to succeed. Because team members may have diverse demands and work styles, this can be difficult. This article examines the top 5 difficulties that managers encounter, according to their reports: having a defined strategy or vision for the team. listening and sharing information while communicating effectively. supporting professional growth and discussing output.

Getting to know the team's members will be the hardest obstacle. I'm accustomed to leading a sizable, diversified team and take great pleasure in bringing out the best in each of my coworkers. Or: "Keeping up with technical progress in this industry is the main challenge in this career.

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in the event of a non-material breach of a contract, the duty to perform is not excused and the non-breaching party must resume performance of the contractual obligations undertaken.

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in the event of a non-material breach of a contract, the duty to perform is not excused and the non-breaching party must resume performance of the contractual obligations undertaken .its true .

Generally speaking, a non-material violation is less serious than a significant breach. This kind of breach typically relates to a relatively small aspect of the contract. It is a breach that slightly deviates from the original intent of the contract rather than violating the fundamental terms of the agreement. A material breach of a contract is one that results in a significant failure to perform. A non-material violation is when a less significant contractual duty is not satisfactorily completed. In general, there are four different categories of contract violations: anticipatory, real, minor, and material. When one of the parties to the contract fails to fulfill the purpose for which it was made, this is referred to as a material breach. On the other hand, a non-material breach happens when the failure

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Which of the following Human Resources activities can build a sustainable competitive advantage for retailers? a.compensation and incentives b.benefit programs c. selective hiring and training d. work-life balance programs

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The correct response is c. selective hiring and training. Selective hiring and training Human Resources activities can build a sustainable competitive advantage for retailers

The group of individuals that make up an organization's, business sector's, industry's, or economy's workforce is known as human resources (HR). Human capital, or the knowledge and abilities that people possess, is a more specific idea. Manpower, labour, personnel, colleagues, or simply "people" are comparable concepts. An organization's human resources department (HR department) manages human resources, supervising a variety of employment-related tasks like ensuring that labour laws and employment standards are followed, conducting interviews and selecting employees, managing performance, administering employee benefits, organizing employee files with the necessary paperwork for future use, and managing some aspects of recruitment (also known as talent acquisition) and employee offboarding. They act as a liaison between a company's management and its workers.

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Which of the following is an example of a control activity that satisfies the accuracy control objective for sales invoices?Invoice quantities are compared to shipment and customer order quantities

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Invoice quantities are compared to shipment and customer order quantities, is an example of a control activity that satisfies the accuracy control objective for sales invoices.

What is accuracy ?Accuracy and precision refers to the  two measures of observation error. Accuracy indicates how close a given set of measurements are to the true value, and precision indicates how close the measurements are to each other. In other words, precision is a description of random error and a measure of statistical variability. Accuracy is the degree of closeness between a measured value and its true value. Precision is the degree to which repeated measurements under the same conditions yield the same results.  Accuracy refers to how close a measurement is to a standard or known value. For example, if  a particular material weighs 3.2 kg in a laboratory, but the actual or known weight is 10 kg, the measurement is not accurate.In this case the measured value is not close to the known value.

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Concord Company has 930 shares of 5%, $100 par cumulative preferred stock outstanding at December 31, 2018, No dividends have been paid on this stock for 2017 or 2018. Dividends in arrears at December 31,2018 total $0. $9300. $4650. $500.

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Concord Company has 930 shares of 5%, $100 par cumulative preferred stock outstanding at December 31, 2018, no dividends have been paid on this stock for 2017 or 2018, Since no dividend is paid, Dividends in arrears at December would be $0.

What is meant by dividend?

A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and might take the form of cash payments or stock reinvestments.

The dividend yield, which is the dividend per share, is stated as a percentage of the share price of a corporation, for example, 2.5%.

If a common shareholder of a dividend-paying company owns the shares on the ex-dividend date or earlier, they are eligible to receive a payment.

By using their voting powers, shareholders must approve dividends. Despite the fact that stock dividends are less prevalent than cash dividends, they are still a possibility. Different exchange-traded funds (ETFs) and mutual funds also provide dividends.

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Match each inequality or equality to the corresponding term for the monopolistic competitor operating at optimal, short-run production levels. Drag each item on the left to its matching item on the right. short-run economic profit price = average total cost" price > marginal revenue short-run economic loss price < average total cost" market power price > average total cost (ATC) zero economic profit price > marginal cost markup

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Pure monopoly and pure competition are the opposing limiting cases. Monopolistic competition exists between those two.

Monopolistic competition is distinguished by the fact that, despite being closely related to one another, the products of various firms are not all the same but rather differ from one another. As numerous businesses compete to sell their products, there is also a component of competition.

Price=Average Total Cost Total Revenue is equal to total cost so there

                                                is zero economic profit.  

Price>ATC                          It means that firm is earning short run

                                                economic profit.  

Price<ATC                          It means firm is earning Short Run Economic

                                                Loss  

Price> Marginal Revenue  It means firm has market power  

Price>Marginal Cost          Mark up

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Which of the following is not a module of accounting software? a.Tally b.Oracle c.GAAP d. SAP

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Software for accounting is not GAAP. A set of accounting regulations is known as the Generally Accepted Accountancy Principles (GAAP).

What is covered under GAAP?

GAAP is a collection of accounting standards that was jointly produced by the Financial Accounting Chart Clearly (FASB) and the Public Accounting Standard Board (GASB). GAAP strives to standardize the accounting categories, assumptions, and procedures utilized throughout all US sectors.

What are the four GAAP principles?

Four key limitations on GAAP are prudential, regular, substantive, and impartial. Objectivity includes issues like the auditor's independence and the factuality of the data. (GAAP) uses a range of guidelines and protections to ensure accurate and useful financial reporting. Accounting, for instance, is done during fiscal seasons, which is not the same.

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channel stuffing is: group of answer choices waiting to ship out products until the beginning of the year waiting to ship out products until you are certain they will be sold shipping out products at the end of the year to increase revenue, even if they are likely to be returned shipping out products at the start of the year even though it is certain that there would be more demand during the year

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Channel stuffing usually occurs right before a reporting period, such as quarter-end or year-end, in order for management, who is worried about negative effects on their salary, to "make their numbers."

How Does Channel Stuffing Operate?

Channel stuffing is the practise of sending more products than customers are likely to purchase in a reasonable amount of time to distributors and retailers throughout the distribution channel. This is typically accomplished by providing distributors and retailers with enticing incentives to buy larger quantities than they currently require, such as steep discounts, rebates, and longer payment terms.

In other words, stuffing always catches up with the business since it can't continue to stuff sales at that rate. Channel stuffing occurs not just in the wholesale and retail sectors of the economy, but also in the industrial, high-tech, and pharmaceutical sectors. A corporation found guilty of channel stuffing in 2016 is an egregious example is Valeant Pharmaceuticals.

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on november 1, bahama cruise lines borrows $5 million and issues a six-month, 6% note payable. interest is payable at maturity. determine the financial statement effects of (1) the issuance of the note and (2) the adjusting entry for interest owed by december 31, the end of the reporting period.

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The issuance of a six-month note payable is being recorded. To document the period's interest expense.

The accounting entries are a debit to the Cash account for the cash received and a credit to the Note Payable account to establish the liability in the accounts. On November 1, Bahama Cruise Lines borrowed $3.5 million and issued a six-month, 9% note payable. In order to adhere to the accrual concept and the matching principle of generally accepted accounting principles, Bahama Cruise Lines shall accumulate interest on the Note Payable for 2 months for the ending. According to the accrual foundation of accounting for transactions, costs must be recorded as they are incurred rather than when money is exchanged. For the entire year, the interest will be $52,500 ($3.5 million * 9%)/12 * 2.

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stihl, which manufactures handheld outdoor power equipment sold to six independent u.s. distributors and six stihl-owned marketing and distribution centers who sell to a nationwide network of more than 8,000 servicing retail detailers, is a good example of intensive distribution

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Since, equipment are sold through six Stihl -owned marketing and distribution centers, it is an example of selective distribution.

A distribution tactic called selective distribution sits and functions between between intensive and the exclusive distribution. Selective Distribution includes use much more intermediates and wholesalers than just one, but less than the whole of them, to distribute the firm's goods in accordance with a certain set of principles that really are unique to the business.

These kinds of brands are primarily found in the furniture, tv, and household appliance industries. A selective distribution agreement, which would be frequently in use by premium brands trying to seek to restrict the high caliber of retailers carrying their goods, enables suppliers to assign particular distributors in accordance with their unique needs. 

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bug-off exterminators provides pest control services and sells extermination products manufactured by other companies. following is the company's unadjusted trial balance as of december 31, 2019.

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The day sales in inventories are 84.23 days

Days Sales in Inventory = 365 / Inventory Turnover RatioInventory Turnover Ratio = Cost of Goods Sold / Average Inventory = 65000 / 15000= Days Sales in Inventory = 365 / (65000 / 15000) = 84.23 daysThe products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.

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T/F. a blend of more advertising and sales promotion and less personal selling is useful when the target market is informed, loyal to the product in question, and geographically widely scattered.

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it's true. When the target market is well-informed, devoted to the product in issue, and dispersed geographically, a mix of more advertising and sales promotion and less personal selling is helpful. is true.

Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale. Political parties and interest groups are examples of non-commercial organizations that market more than goods or services for consumers.

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The price of a video is $3 and the price of a dinner is $9. From this we know that a consumer who is maximizing utility will a. Buy enough of the two goods such that the marginal utility from the last dinner consumed is three times greater than the marginal utility from the last video. b. Buy three times as many dinners as videos. c. Buy rnough of the two goods such that the marginal utility from the last vide is three times greater than the marginal utility from the last dinner consumed. d. Buy three times as many videos as dinners.

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The correct answer is C. Buy enough of the two goods such that the marginal utility from the last dinner consumed is three times greater than the marginal utility from the last video. Marginal utility is additional satisfaction that is received when one consumes an additional unit of a good.

In economics, the software is the satisfaction or benefit derived from eating a product. The marginal utility of an awesome or carrier describes how plenty of satisfaction or delight is won by way of purchasers because of the growth or lower in intake by using one unit. There are three varieties of marginal utility.

Marginal application is the delivered satisfaction that a consumer gets from having one extra unit of a good or service. The concept of marginal software is used by economists to determine how a good deal of objects purchasers are inclined to buy. In other words, a bad marginal application indicates that each unit of goods or carrier ate up will do extra damage than suitable, to be able to result in the lower of average software degree, whilst the tremendous marginal utility shows that every unit of products or services consumed will boom the overall software stage.

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You have just discovered a $1,000 par value corporate bond with a maturity of 10 years. The bond's yield to maturity is 9% and the bond is currently selling for $743.29. What is the bond's annual coupon rate (the bond pays coupon payments annually)?

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After using the TVM Calculation, the bond's annual coupon rate is 5%.

In the given question,

You have just discovered a $1,000 par value corporate bond with a maturity of 10 years.

The bond's yield to maturity is 9% and the bond is currently selling for $743.29.

We have to find the bond's annual coupon rate.

The coupon rate of a bond or other fixed income instrument is the interest rate paid on the bond. The interest rate is set when a firm or the government issues a bond. The coupon bond rate shows the annual interest rate, expressed as a percentage, that the bond pays about the face value each year.

Bond Par Value(FV) = $1000

Bond Current Value (PV) = $743.29

Yield to Maturity of Bond (I) = 9%

Time for Maturity (T) years = 10 years

To calculate the Coupon Rate,

By TVM Calculation,

PMT(Payment) = [FV=1000, PV=743.29, T=10, I=9%]

PMT = 50%

So,

Bond’s annual coupon rate = PMT/T

Bond’s annual coupon rate = 50/10

Bond’s annual coupon rate = 5

Therefore, the bond's annual coupon rate is 5%.

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a woman owns 50 acres of land with 500 feet of frontage on a desirable recreational lake. she wishes to subdivide the parcel into salable lots, but she wants to retain control over the lake frontage while allowing lot owners to have access to the lake. which of the following types of access rights would provide the greatest protection for a prospective lot purchaser?

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A woman for rights would that which give the best protection for a  lot purchaser by the appurtenant easement.

The appurtenant easement in a land law through this law of property the women have to access, this law gives right or use of property that gives benefits of the other land.

The property that gives the appurtenant easement  is considered as the servant property while the other property takes benefit from the easement is the dominant property.

The women owns that acres area on a desirable re-creational lake. The women should choose the rights which gives her best protection on the property relations.

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below is a set of projects aimed at cleaning up a city's recreational areas. determine whether the city should undertake the cleanup effort. assume the city has enough money in its budget to undertake all projects. project marginal cost marginal benefit clean up? north park $16,000 $18,000 (click to select) upper river beach 5,000 6,000 (click to select) south shore 29,000 20,000 (click to select) green creek 500 1,000 (click to select)

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An assortment of initiatives to clean up public spaces in a city are listed below. The cleanup should be handled by the city.

The city's budget contains enough funds to fund all initiatives. Project Marginal Benefits and Costs Cleaning up assumptions will be as follow:

For Option N:

North Park $13,000 $16,000

Green Creek 900 1,300

For Option Y:

Upper River Beach 6,000 8,000

South Shore 29,000 30,000

The most a consumer will spend on an additional commodity or service is known as the marginal benefit. When a consumer purchases an additional good or service, it also includes the increased satisfaction or utility they will experience.

The amount of pleasure or satisfaction customers experience when their consumption increases or decreases by one unit is referred to as the marginal utility of a good or service.

The area where the marginal benefit exceeds the marginal cost is where the cleanup will take place. There won't be any cleanup in the North park.

They'll clean up the river shore. The south shore will be sanitised. Green Creek won't be repaired.

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The complete question has been attached in text form:

Below is a set of projects aimed at cleaning up a city's recreational areas. Determine whether the city should undertake the cleanup effort. Assume the city has enough money in its budget to undertake all projects.

Project Marginal Cost Marginal Benefit Clean Up? (Y/N)

North Park $13,000 $16,000

Upper River Beach 6,000 8,000

South Shore 29,000 30,000

Green Creek 900 1,300

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