businesses continue to use physical records in addition to electronic records. true or false?
Answers
True, Businesses continue to use physical records in addition to electronic records.
Businesses continue to use physical records in addition to electronic records. Here's an explanation:
While the world has seen a significant shift towards digitalization and the use of electronic records, many businesses still rely on physical records alongside their electronic counterparts. There are several reasons why businesses continue to use physical records:
Legal and regulatory requirements: Certain industries and jurisdictions have specific regulations that mandate the retention of physical records for a specified period. Compliance with these requirements necessitates the maintenance of physical documents.
Security and backup: Physical records can serve as a backup and provide redundancy in case of data loss or system failures. Having physical copies ensures that important information is not solely dependent on electronic systems.
Tangibility and ease of access: Physical records can be more accessible and tangible for certain tasks. For example, in meetings or negotiations, having physical documents to review and annotate can be more convenient and practical than relying solely on electronic devices.
Historical significance: Some businesses, especially those with long-standing traditions or historical importance, may maintain physical records for archival or historical purposes. These records may hold sentimental or cultural value and serve as a tangible representation of the organization's history.
While electronic records offer numerous advantages such as ease of storage, searchability, and cost-effectiveness, the continued use of physical records alongside electronic ones highlights the ongoing need for a hybrid approach in record-keeping. Businesses must strike a balance between leveraging digital technologies for efficiency and convenience while recognizing the value and necessity of physical records in specific contexts.
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Related Questions
while many companies might provide the same product, consumers often believe that one particular company provides more value than the others. when this happens, it is an example of
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While many companies might provide the same product, consumers often believe that one particular company provides more value than the others. when this happens, it is an example of Brand differentiation.
Brand differentiation refers to the process by which a company sets itself apart from its competitors by creating a unique image or identity in the minds of consumers.
This differentiation is achieved through various means, including product design, advertising, customer service, and public relations.
The goal of brand differentiation is to create a perception in the minds of consumers that a company's products or services offer more value, quality, or unique benefits than those of its competitors.
When a company successfully differentiates its brand, it can command a premium price for its products, foster customer loyalty, and establish a competitive advantage.
This differentiation is particularly important in highly competitive markets where products or services are similar and the price is the primary differentiator.
A strong brand can provide a company with a sustainable competitive advantage and help it to weather economic cycles and changing market conditions.
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as a marketing director at a large company, cara's considering launching a display ads campaign, as it will let her reach global internet users across as many websites and apps as possible. what's another benefit a display ads campaign will provide cara?
Answers
If as it will let her reach global internet users across as many websites and apps as possible. The another benefit a display ads campaign will provide cara is: c. It makes it possible for her to engage with valuable audiences quickly and often.
What is marketing?Marketing can be defined as the way of creating brand or product awareness so as to attract customers to a product which in turn can enables a company to make more sales leading to more revenue or profit for the company.
One of the advantage of an display advert campaign is that it makes it possible for company to engage with their audiences quickly and often.
Therefore the correct option is C.
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The complete question is:
as a marketing director at a large company, cara's considering launching a display ads campaign, as it will let her reach global internet users across as many websites and apps as possible. what's another benefit a display ads campaign will provide cara?
a. It can always be used as a Shopping campaign.
b. It allows her to collect statistical usage data from the websites where her ad appears.
c. It makes it possible for her to engage with valuable audiences quickly and often.
d. It can sometimes be used as a Shopping campaign.
Which of the following options is a primary reference group?
A. literary circle
B. church
C. club
D. friends
Answers
The correct option is option d) friends are a primary reference group.
What is a reference?In general, a reference is source of information used to support or verify a statement, claim, or fact. References can come in many forms, including books, articles, websites, and other types of media. In academic or professional settings, references are typically used to provide evidence and credibility to an argument or idea. They can be cited within a document or presentation, or listed separately in a bibliography or reference list. References can also be used as a way to give credit to the original source of an idea or piece of information. It is important to properly cite and reference sources to avoid plagiarism and ensure the accuracy and reliability of your work.
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At a short run macroeconomic equilibrium, real GDP is always equal to potential GDPTrue or False?
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In a short-run macroeconomic equilibrium, real GDP is not always equal to potential GDP. Short-run equilibrium occurs when aggregate demand equals aggregate supply, while potential GDP represents the maximum sustainable output level without causing inflation.
In the short run, real GDP may not always be equal to potential GDP. Potential GDP represents the maximum amount of output an economy can produce when all of its resources are utilized at their full capacity. However, in the short run, the economy may experience cyclical fluctuations due to changes in aggregate demand or supply shocks.
On the other hand, during an economic boom, aggregate demand may increase, causing output to temporarily exceed potential GDP. Therefore, while potential GDP serves as a benchmark for the economy's long-term growth potential, real GDP can fluctuate in the short run due to changes in economic conditions.
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HELP PLEASE DUE IN 30 MIN ASAP I will give Brainliest...Think of examples of new words that have been made up in your lifetime. Think of words whose meanings have changed over time. Why do we change the meanings of words? Who benefits? Who loses? Offer a Biblical perspective on choosing our words and how our words impact others.
Answers
Hi! I'm not really sure what "have been made up in your lifetime" mean, so I'm just gonna assume that it means words that have been created in your generation
Examples of new words: Meme, jegging
Examples of words with changed meanings: Silly (original meaning: blessed with worthiness), leech (original meaning: doctor)
The meaning of the words change over time because new generations lead to new ideas
Who benefits: The newer generations because they can communicate easily with newly made slangs, etc.
Who loses: The older generations because they have would then have absolutely no idea what the newer generations are talking about
(Example: Person 1: Woah that skateboard is sick!
The guy from the 1700s: No it's not. It's a skateboard, are you mental?)
and i'm not sure about the biblical perspective, sorry about that
anyways, hope this helped !
Which of the following best defines goal?
a. aim or purpose
b. disregard or disrespect
c. freedom from doubt
d. influence
Answers
Because a goal is a target that your trying to accomplish
paid Rs 1,00,000 to so Mrs Shakya as an advance to purchase office furniture.
It's journal voucher.....
Answers
Answer:
Dr. BE Mrs shakya, advance for furniture and fixtures
Cr. NRB
The financially important reaction to produce the valuable product b not the real name was carried out in
Answers
Answer:
Jesse Pinkman's garage
Explanation:
The product B was carried out in Jesse Pinkman’s garage.
Jesse Pinkman was a character in an American neo-Western crime drama television series "Breaking Bad" where breaking bad was a low budget and have less money to buy equipment for the company.
To overcome this financial problem, Jesse Pinkmanmeet his cousin Bernie who gets reactors for them and the reaction takes place in the liquid phase in Jesse Pinkman’s garage.
Hence, the correct answer is "Jesse Pinkman's garage".
Using percentages to compare individual items on a financial statement, such as Wages Expense, to a key figure on the same statement, such as Sales, is called ______ analysis
Answers
Using percentages to compare individual items on a financial statement, such as Wages Expense, to a key figure on the same statement, such as Sales, is called ratio analysis.
Ratio analysis is a method of financial analysis that involves calculating and interpreting financial ratios to assess a company's performance, financial health, and profitability. Ratios are used to compare different financial metrics and provide insight into a company's operations.
Commonly used financial ratios include profitability ratios, liquidity ratios, efficiency ratios, and solvency ratios. Each ratio provides a different perspective on a company's financial performance and can be used to evaluate its financial strength and weaknesses.
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When making a decision, it is often more difficult to identify the assoclated with the clecision because Multiple Choice costs, an individual must weigh monetary costs and opportunity costs differently benefits; individual people identify benefits while firms identify costs benefits; it is impossible to put a dollar value on benefits costs; an individual should consider opportunity costs but ignore sunk costs
Answers
When making a decision, it is often more difficult to identify the associated benefits than costs because: an individual must weigh monetary costs and opportunity costs differently
Individuals need to assess both monetary costs (direct expenses incurred) and opportunity costs (the value of the best alternative foregone) when making decisions. Evaluating monetary costs is relatively straightforward, as they involve measurable expenses. However, assessing opportunity costs requires considering the value of the opportunities forgone by choosing a particular option.
For individuals, weighing monetary costs and opportunity costs involves assigning different weights to each factor based on personal preferences, priorities, and circumstances. Opportunity costs often involve subjective assessments and future uncertainties, making them more challenging to identify and quantify accurately.
While both individuals and firms identify benefits and costs, individuals tend to focus more on benefits, emphasizing the potential gains or advantages associated with their decisions. In contrast, firms often prioritize identifying and managing costs to maximize profitability and minimize financial risks.
It is important to note that considering opportunity costs while decision-making is crucial for both individuals and firms. Opportunity costs reflect the value of the next best alternative, providing insight into the trade-offs and potential benefits that may arise from choosing different options. However, it is recommended to consider opportunity costs alongside sunk costs, which are costs that have already been incurred and cannot be recovered. Ignoring sunk costs allows for more rational decision-making by focusing on future benefits and costs rather than being influenced by past investments that cannot be changed.
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Suppose Paris Household Sales (PHS), headquartered in California, acquires fine furniture from several high-quality manufacturers in France and enjoys exclusive distribution rights from them to sell to furniture stores throughout California. In this context, PHS is most likely classified as
A. a service provider.
B. an industrial firm.
C. a reseller.
D. a government agency.
E. a producer.
Answers
Answer:
Option C
Explanation:
In simple words, A reseller can be defined as the business or individuals (merchant) that buys products or activities with the aim of reselling them instead of utilizing or consuming them. Inside the communications business for example, corporations purchase surplus transmission bandwidth or call times from larger providers and resale it to smaller providers.
What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last
Answers
With regard to evacuation what one has to be aware of would be
evacuation planshow long the emergencies will lastWhat is meant by evacuation?This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.
Hence we can say that With regard to evacuation what one has to be aware of would be
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Describe one way advertising has played a role in something you've purchased.
Answers
Answer:Advertising has made me really want to buy many different things. It mostly effected me when I was younger, because I would watch tv a lot. I would constantly beg my parents to buy me some stupid toy I had saw on a commercial.
Explanation:
Advertising has strongly influenced the desire to purchase a variety of goods. A person was most affected by it when people were younger and would watch a lot of television. My siblings would frequently ask my parents to get me some ridiculous gadget they had seen on TV.
What is Advertising?In order to advertise a good, service, or cause, advertising entails purchasing real estate. Advertisements, or just ads for short, are the real commercial messaging. Reaching the audience that is most likely to be interested in purchasing the goods or services of a company is the aim of advertising.
Ads on television, radio, and in newspapers are examples of above-the-line marketing. Conversion-focused campaigns that are targeted towards a certain demographic make up below-the-line advertising. Billboards, sponsorships, in-store advertisements, and other types of advertising are examples of below-the-line marketing.
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Kesuma Agih Bhd.'s total sales for the year ended 31 December 2007 was RM10.6 million. The annual credit sales amounted to 70% of the total annual sales. The outstanding balances of accounts receivables for the year were 30% of the total annual
credit sales. The inventory turnover period shows that the company took 62 days to convert the raw material into finished goods and to sell the goods to customers. The outstanding
payables were RM1.3 million, with annual purchases of RM4 million.
Required:
(a) State TWO ways in which the level of trade receivables of a business could be
reduced.
(b)
Calculate the following:
Receivables collection period.
Payables payment period.
Working capital cycle.
Answers
(a) The level of trade receivables of a business can be reduced through the following ways:
1. Implementing strict credit policies: By carefully evaluating and setting credit limits for customers, a business can minimize the risk of late or non-payment. Conducting thorough credit checks on customers, monitoring creditworthiness, and establishing clear payment terms can help reduce the level of trade receivables.
2. Offering discounts for early payment: Providing incentives, such as discounts, for customers who pay their invoices promptly can encourage faster collection of receivables. This approach creates an incentive for customers to settle their outstanding balances sooner, thereby reducing the overall level of trade receivables.
(b) Calculation:
1. Receivables collection period:
Receivables collection period = (Accounts receivables / Credit sales) * 365 days
Given that the total sales for the year was RM10.6 million, and credit sales amounted to 70% of the total sales, we can calculate the receivables collection period.
Credit sales = 70% * RM10.6 million = RM7.42 million
Outstanding balances of accounts receivables = 30% * RM7.42 million = RM2.226 million
Receivables collection period = (RM2.226 million / RM7.42 million) * 365 days = 109.66 days (rounded to 110 days)
2. Payables payment period:
Payables payment period = (Accounts payables / Annual purchases) * 365 days
Given that the outstanding payables were RM1.3 million, and annual purchases amounted to RM4 million, we can calculate the payables payment period.
Payables payment period = (RM1.3 million / RM4 million) * 365 days = 118.75 days (rounded to 119 days)
3. Working capital cycle:
Working capital cycle = Receivables collection period + Inventory turnover period - Payables payment period
Given that the inventory turnover period was 62 days, we can calculate the working capital cycle.
Working capital cycle = 110 days + 62 days - 119 days = 53 days
Therefore, the receivables collection period is 110 days, the payables payment period is 119 days, and the working capital cycle is 53 days.
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Walmart's management has asked you to calculate their weighted average cost of capital. Their CFO tells you that they currently have 45% of their financing from debt, 10% from preferred stock and 45% from common equity. However, they have a target of 40% from debt, 5% from preferred stock and the remainder from common equity. The CFO says that the last time they issued bonds, the cost was 5.2%. They have some existing 20 year bonds that have a coupon rate of 3.4%, are non-callable and pay semi-annual payments. These cost $1,023. They also have some 5 years bonds that have a coupon rate of 2.7%, are non-callable and pay semi-annual payments. These cost $1,076. And they have some 20 year bonds that have a coupon rate of 3.6%, that are callable and pay semi-annual payments. These cost $1,010. Walmart's previous tax rate was 23% but they expect that in the future the tax rate will be 24.4%. They have preferred stock that has a par value of $100. The dividend rate is 6.3% and the cost is $154.23 per share. The flotation cost of the preferred stock is 3%. Walmart's stock price is $142.60 per share. They pay an annual dividend of $2.24 which is expected to grow at a constant rate of 3.5% a year. The stock has a Beta of 53. The market risk premium is 5.7% and the risk free rate is 25% (that is one quarter of one percent). Walmart's management considers their stock to have a risk premium above their bonds of 1.5%."What is Walmart's cost of common equity using the DCF method?A. 3.50%B. 3.87%C. 4.15%D. 5.13%
Answers
Based on the given options, the closest answer to Walmart's cost of common equity using the DCF method is: D. 5.13%. Therefore, correct option is D.
How to calculate Cost of common equity? The cost of common equity using the DCF method can be calculated using the following formula:
Cost of Common Equity = (Dividend / Current Stock Price) + Growth Rate
Where:
- Dividend = Annual dividend per share
- Current Stock Price = Walmart's current stock price
- Growth Rate = Expected constant growth rate of dividends
Plugging in the given values, we get:
- Dividend = $2.24
- Current Stock Price = $142.60
- Growth Rate = 3.5%
Cost of Common Equity = ($2.24 / $142.60) + 3.5%
Cost of Common Equity = 0.0157 + 0.035
Cost of Common Equity = 0.0507 or 5.07%
Based on the given options, the closest answer to Walmart's cost of common equity using the DCF method is: D. 5.13%. Therefore, the answer is D. 5.13%.
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When will the Mini Toolbar appear?
when you type text
when you press the Delete key
when you select text
when you first open a file
Answers
Answer:
It is C on edge 2021
Explanation:
Answer:
(c) when you select text
Explanation:
The tool bar appears when you select text to provideoptions depending on what you would like to do with the text.
What is characteristic of an organization in which salespeople do most or all of their own marketing?
independent
small size
nonprofit
private
Answers
Answer:
private
Explanation:
people are doing private marketing to earn money for themselves
how a commitment to a decision could assist a school leaver to adapt to the change of entrepreneurship?
Answers
The commitment to a decision could assist the schooler leaver to adapt to the change of entrepreneurship by enabling them to remain focused.
What is entrepreneurship?Entrepreneurship refers to the ownership of a business. The entrepreneur is an innovative and insightful person who starts a business to enjoy the advantages accruing from entrepreneurship, including independence.
Thus, the entrepreneur, who wants to reap the profits after bearing some risks, needs to remain focused.
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The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.
Answers
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
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How cash inflow and outflow affects the components of a financial plan
Answers
Which is a requirement for an acceptance?
mirror image of offer
intent to contract
communicated
all of the above
Answers
All of the above
The offer must be mirrored, the first party must have an intent to contract, and that intent must be communicated for the second party to know, for sure, that a specific contract is agreed upon for acceptance.
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a service provided by -e-government that requires access to the Internet is _____.
A. RFID tags
B. E-tax returns
C. Radio programming
D. CCTV (Closed circuit TV)
Answers
Answer:
B. E-tax returns
Explanation:
E-tax returns is the electronic filing of tax returns via the internet. It entails online submission of pre-approved tax return forms available on the tax authority's website.
In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.
on accounts Given the following transaction: Purchased equipment, paying cash for 60% and owing the rest. Required: For the transaction above, complete the following: (a) Select the accounts that are affected (there will be at least two). (b) Are the selected accounts increased or decreased? (C) If Retained Earnings is selected, choose the reason that it has changed.
Answers
(a) Equipment and Cash or Accounts Payable are affected.
(b) Equipment is increased and Cash or Accounts Payable is decreased.
The transaction involves the purchase of equipment, with 60% paid in cash and the rest owed. This means that two accounts are affected: Equipment and Cash or Accounts Payable. Equipment is increased since it is now owned by the company, while Cash or Accounts Payable is decreased since the company paid for a portion of the equipment using cash. If Retained Earnings are selected, the reason for the change would depend on the company's accounting policies.
Some companies may choose to adjust Retained Earnings to reflect the purchase of equipment, while others may not consider it significant enough to warrant an adjustment. Ultimately, the reason for the change in Retained Earnings would depend on the company's specific circumstances and accounting practices.
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Which of the following statement is false?
A. A distributed ledger contains many copies of the same ledger.
B. A distributed ledger stores the same set of transaction records.
C. Because a distributed ledger exists in a blockchain network, a computer consisting of all transaction records may crash and cause the syncing issue in the blockchain network.
D. A transaction record cannot be added to the blockchain unless there is network consensus.
Answers
Why do companies offer Benefits & Incentives to their employees when
they are not required by law to do so?
Answers
In law, Salary or wages are the compulsory incentives an employee or worker of labor is entitled to, for services offered to the company.
The use of Benefits and Incentives serves as External Motivator for employees.Some companies offers its employees a prize if they can achieved a certain target or goals,
In conclusion, the act of giving incentives does not only motivates them, but it serves as techniques to make employee stay longer at the company.
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May i have the answer for this im not quite sure
Answers
Answer: May I have the answer for this. I'm not quite sure.
Explanation:
Sentences must not run on. Ask the question about getting the answer. THEN in the next sentence and explain why to the teacher.
What are the five Ws of a good press release?
Major Questions the release should answer
Types of Audiences for the release
Categories of the Media the release should cover
Five paragraph structure of the release
Answers
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Whowhenwhatwherewhy information Why is five Ws of a good press release important?Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
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Explanation:
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Who
when
what
where
why information
Why is five Ws of a good press release important?
Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
which of the following represents an aspect of the empathy dimension of servqual?
Answers
Assurance. By providing assurance, the company establishes trust, reliability, and confidence with its customers.
Empathy refers to the ability of service providers to recognize, understand, and take into account their customers' thoughts, feelings, and situations. Empathy is the fifth and final dimension of SERVQUAL.The Empathy dimension refers to the degree to which the company provides caring and individualized attention to its customers.
Following are the aspects of the empathy dimension of SERVQUAL: Understand the customer's needsGenuinely care about the customer Understand the customer's specific situation Empathize with the customer in regards to their problems. Assurance refers to the competency and trustworthiness of the firm and its employees.
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Under what circumstance would a country have a comparative advantage in
the production of a certain good?
A. It has a lower opportunity cost for production of that good.
B. It has a more highly skilled work force.
C. It has well-developed industrial capacities.
D. It uses an assembly line to produce that good.
Ap3x
Answers
Answer: [A] It has a lower opportunity cost for production of that good.
Explanation: It has a lower opportunity cost for production of that good. Comparative advantage comes when a country gives up less than others to engage in a particular type of production.
Answer:
It has a lower opportunity cost for production of that good.
Explanation:
How does Hurricane Katrina illustrate the problem with insurance?
Answers
Answer:How does Hurricane Katrina illustrate the problem with insurance? It illustrates the problem with insurance because it was a wide spread disaster for many people. ... It's not like insurance companies have an unlimited supply of money so they often declined a lot of people's claims. This was often very discriminating too
Explanation:mark brainliest ineed 2 more