Ernst is an accountant. Until 30 June 2019, he was in sole practice and employed three accountants. Ernst always recorded his practice's income on a cash basis. On 1 July 2019, Ernst formed a partnership with two of his former employees. The partnership accounted for its income on an accruals basis. In June 2020, Ernst received $11,000 in outstanding fees relating to services that he had provided to one of his client's during 2018. Can Ernst rely on Henderson v FC of T70 ATC 4016 to argue that he should not be assessed on this amount because he changed his basis of accounting?

The total value of all outstanding federal government securities is called D. the public debt. Public debt refers to the amount of money that a government owes to external lenders, which may include foreign governments, private institutions, or individual investors.

It arises when a government borrows money to finance budget deficits, infrastructure projects, or other public expenses. Public debt is typically financed through the issuance of various securities, such as Treasury bills, notes, and bonds. These securities are considered safe investments due to the government's promise to repay the debt with interest.

The public debt is an important indicator of a country's financial health, as it reflects the government's ability to manage its finances and meet its obligations. It is essential to differentiate between public debt and other related terms, such as budget deficit and fiscal deficit. The budget deficit (B) occurs when a government's total spending exceeds its total revenues for a specific period, usually a fiscal year.

The fiscal deficit (C) is a broader measure, which takes into account not only the budget deficit but also other financial obligations, such as interest payments on existing debt. In contrast, the net internal debt (A) represents the government's debt owed to domestic creditors, which is a component of the total public debt. The correct answer to the question is D.

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In economics, the determinant of demand that this scenario fall under , when you go for chips ahoy because Oreo cookies are now extremely expensive is Change in Price of Substitute Good.

What is Substitute Good?

A substitute good  can be regarded as product or service that  is been used as alternative for other goods.

It should be When the price of a substitute good rise, then demand for the other substitute as well will rise.

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Internal controls are measures implemented by a company to protect its assets and ensure the accuracy and reliability of financial information. These controls aim to prevent and detect risks and irregularities

Among the options given, audits are not a risk or threat that needs to be safeguarded against but rather a tool used to assess the effectiveness of internal controls.waste, refers to the inefficient or unnecessary use of company resources. Internal controls help prevent and identify instances of waste, ensuring that assets are used efficiently inefficiency, relates to the ineffective use of resources, processes, or systems. Internal controls help identify and address inefficiencies, promoting effective and optimal use of assets.fraud, is a significant risk that companies must safeguard against. Internal controls play a crucial role in preventing and detecting fraudulent activities, such as misappropriation of assets, financial statement fraud, or corruption. Therefore, the answer is B. Audits do not need to be safeguarded against as they serve as an evaluation tool for assessing the effectiveness of internal controls rather than a risk to assets.

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Answer:

Federal law that requires the joint contribution by employers and employees of the funds used for the Social Security system

Explanation:

FICA refers to the federal law that needs the contribution made by both employers and employees with respect to the fund used for the social security purpose. It main purpose to fund the social security and the medicare that provide the facilities for those people who are retired, disabilities and deceased workers children

So the first option is correct

The act of acknowledging the work of someone who is the genuine creator of that work and giving due credit to them is known as attribution. A citation will most likely be required for an idea from your field of study.

Giving proper credit to the source of an idea or piece of information is the goal of both attribution and citation. The license or use conditions make the difference. The presentation of each is identical. A copyright or license may stipulate that use must be acknowledged. Research in the arts, like research in science, lacks a crucial foundation. When it comes to citing and attribution, it is least likely to be appropriate in academic settings to give credit to the person whose idea was used.

The most accurate way to define attribution is to acknowledge and give credit to another person. An idea from your field of study will probably need a citation. The least risky approach is to assume that you must memorize citation formats when conducting research and writing a paper with proper citations.

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Answer:

D. Real estate

Explanation:

Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.

Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.

In a study to ascertain whether a charging station is required in a community, 73% of all inhabitants supported the construction of the charging station. The probability that exactly 8 of them favor the building of the charging substation is 0.2279.

We have to find the probability of exactly 8 people in the sample of 14 people who favor building the charging station. The given probability is a binomial distribution problem where,

n = 14 (number of trials)p = 0.73 (probability of success)

favour = 8 (number of favorable outcomes)

The probability of exactly k successes in n independent Bernoulli trials is given by the formula:

P(k) = nCk * pk * (1-p)n-k

Where nCk is the binomial coefficient.

In this case, the probability of exactly 8 of them favor building the charging substation is:

P(8) = 14C8 * (0.73)8 * (1-0.73)14-8= 3003 * 0.73^8 * 0.27^6≈ 0.2279

Therefore, the probability that exactly 8 of them favor the building of the charging substation is approximately 0.2279.

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Answer:

Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.

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There is generally a direct correlation between income and demand for products and services; however, this relationship is not always present.

What do you mean by "products"?

A product is an item or service that you offer to meet a customer's need or desire. Real and virtual ones are both possible. Physical objects are classified into two types: nondurable products and durable items such as computers, furniture, and automobiles (like food and beverages).

Convenience goods, shopping goods, specialty products, and unsought goods are the four different sorts of products, and each is categorized according to consumer preferences, pricing, and product features. Byproducts include straw from grain harvesting operations, salt from desalination plants, sawdust from sawmills, and manure from feedlot operations.

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Living conditions are a component that does not affect how labor affects location decisions The answer is E.

Labor is a significant factor that affects location decisions. The availability of transportation, the skill level of the labor force, the affordability of labor, and laws and regulations are all important components.

Companies need to consider the transportation system to transport their goods to market efficiently. The skill level of the labor force is important because companies want to hire employees with the necessary skills to carry out their business activities.

The affordability of labor is essential to determine if the company can maintain competitive prices. Laws and regulations such as taxes, permits, and zoning laws also affect the location decision.

However, living conditions do not play a direct role in how labor affects location decisions. Living conditions are more of a quality of life issue for employees rather than a factor that influences a company's location decision. Hence, the correct answer is E.

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Answer:

I don't know

Explanation:

Just because

It should be noted that the purpose of advertising is to expand the marketplace to a wider audience.

Advertising can be regarded as marketing strategy that is been utilized by organization and firms to promote their products and services.

It involves using media and other means to make the public aware about the products or services.

We can conclude that advertising is done on the purpose of making marketplace to a wider audience so that more people can patronize.

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Answer: To make people want the things they do not have.

Explanation:

The purpose of advertising is to make people want things they don’t have

The article discusses President Biden's economic strategy and fiscal responsibility plan to decrease the US federal deficit by more than $1.3 trillion, which would be the largest one-year decline in US history. The plan is under discussion and not yet approved.

2. The fiscal policy action discussed in the article is aimed at reducing the budget deficit, which could promote price stability by reducing inflationary pressures in the long run. However, the short-term impact on economic growth and employment is uncertain, as reducing government spending and increasing taxes may decrease demand and slow down economic activity.

3. If approved, the fiscal policy action discussed in the article would contribute to the creation of a budget surplus, as the plan aims to reduce the deficit by more than $1.3 trillion. This would likely decrease the national debt in the long run, as the government would need to borrow less to finance its spending.

4. The fiscal policy action described in the article aims to reduce the budget deficit, which is a positive step towards fiscal responsibility and reducing the national debt in the long run.

However, this may come at the cost of short-term economic growth and employment, as reducing government spending and increasing taxes may decrease demand and slow down economic activity.

Moreover, there may be tradeoffs between different policy goals, such as promoting economic growth versus reducing the budget deficit, which policymakers need to balance.

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Answer:

C. Direct deposit

Answer: $8,000

Explanation:

If you're satisfied, the cost of software C is:

= 5,000 + 0

= $5,000

If you are not satisfied, the cost is:

= 5,000 + 20,000

= $25,000

You can then use the probabilities to calculate the expected total cost:

= (Probability of satisfied * Cost if satisfied) + (Probability of unsatisfied * Cost if unsatisfied)

= (80% * 5,000) + (20% * 20,000)

= $8,000

Strong financial knowledge and decision-making skills help people weigh options and make informed financial decisions, such as when and how to save and spend, comparing costs before making a large purchase, or other long-term goals.

Personal finance includes money management, saving, and investing. Budgeting, banking, insurance, mortgages, investments, retirement planning, tax planning, and estate planning are all covered. The term is frequently used to refer to the entire industry that provides financial services to individuals and families, as well as financial and investment advice.

Individual goals and desires, as well as a plan to meet those needs within your financial constraints, influence how you approach the items listed above. To make the most of your earnings and savings, you must become financially savvy—this will enable you to distinguish between good and bad advice and make sound financial decisions.

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Most nonlinear optimization software techniques can become stalled and end at a local optimum when a function has several local optimum points, which is True.

Any optimization issue with at least one nonlinear factor in the objective function or a constraint is referred to as a nonlinear optimization problem. If a function has nonlinear terms with a power of 4, it is considered quadratic.

This is due to the convex nature of the objective function you are minimizing, which only has one minima and maximum. So the local optimality also corresponds to the global optimality. Gradient descent will finally locate the answer.

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This purely competitive firm will not produce unless the price is at least

$5 Option A

Generally, In a market where there is just competition, the price is equal to either the marginal cost or the marginal income. It will generate products with prices that are at least equivalent to the typical variable costs.

The illustration indicates that the price (or marginal cost curve) crosses the average variable cost curve at $5. The point of the shutdown is at this moment. The company's variable expenses may be covered by its income at $5.

The price being below the average total cost may result in losses for the company, but this does not mean that manufacturing should be stopped. Even in the absence of manufacturing, the company may still have fixed expenses. Due to the firm's need to cover the fixed expenditures, an abrupt shutdown can result in greater losses.

The company should cease operations if its output falls below the threshold at which it can no longer pay its variable expenses. The company will be able to meet its variable expenses and should continue functioning if production rises over the shutdown threshold.

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Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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Answer:

yes

Explanation:

beacuse it big u can see it too

Gable end roofs are one of the worst roof designs for hurricane regions because they are more susceptible to being torn off or damaged by strong winds.

They are also more likely to suffer from uplift or wind-driven rain penetration due to their shape. This is because the two sides of the roof form a triangle shape, which when hit by winds, can act like a sail, causing the roof to become unstable and be easily uprooted. Furthermore, the gable end of the roof is much weaker than the ridge, making it even more susceptible to damage. Gable end roofs are one of the worst roof designs for hurricane regions because they are more susceptible to being torn off or damaged by strong winds.  This means that the roof is more likely to be damaged by strong winds, leading to costly repair bills.

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Answer: April 2024

Explanation:

Based on the information given in the question, at a minimum, the appraiser must retain his workfile till April 2024.

It should be noted that appraisal records should be kept for at least a period of 5 years. In a situation whereby there is a report which is involved in the litigation, then such file must be maintained for a further two years. This is according to the Uniform Standards for Professional Appraisal Practice Record Keeping Rule.

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.

Answer:

D.  To convince your manager to use a new meeting organization tool

Explanation:

In business, a proposal mostly needed for new projects that haven't been done by the company before.  Usually, this will be made before a team about to approach a new markets, using new technologies to replace the old ones, or giving ideas for new programs that can improve company's profit.

A good proposal should consist of proper explanation about the project, what problems the project will address, resources that are needed to do the project, time lines, and the potential budget that might incurred from the project.

The most accurate statement about leadership is option d. Leadership involves the use of influence to achieve goals.

Leadership is not solely dependent on the presence of a boss, as it can emerge from any individual who has the ability to influence and guide others towards achieving common objectives. Ruthlessness is not a necessary component of excellent leadership; instead, effective leaders are often empathetic, communicative, and able to inspire and motivate their team members. While leadership does involve administrative and problem-solving activities, it is not limited to them. Leadership goes beyond simply managing tasks and involves inspiring and guiding individuals towards a shared vision. Ultimately, leadership is about influencing and inspiring others to achieve desired outcomes.

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Answer:

From the graph, if you invest 10% in bonds and 90% in stocks,  the range of potential return is given as +49.8% to -39.0% with a average of 9.9% whereas if investment is  made by 10% in stocks and 90% in bonds, then the range of annual returns would become +31.2% to -8.2% with a average of 6%.  Therefore, as the investment in stocks increases the average annual returns also increase.

Explanation:

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Answer:

i don´t nou sorry

Explanation: