One area of the accounting profession that is under threat because of RPA (Robotic Process Automation) is bookkeeping.
RPA tools are now capable of automating repetitive bookkeeping tasks such as data entry, invoice processing, and bank reconciliations. This means that businesses can automate these processes and reduce their reliance on manual bookkeeping. As a result, bookkeeping jobs are at risk of being replaced by RPA tools.
Moreover, RPA tools are also capable of performing these tasks more efficiently and accurately than humans. This means that businesses can reduce errors and save time and money by using RPA tools. As a result, there is a growing trend of businesses adopting RPA technology to streamline their accounting processes.
To adapt to this changing landscape, accountants need to develop new skills that are not easily replicable by RPA tools. These include critical thinking, problem-solving, and strategic planning. By focusing on these higher-level tasks, accountants can add more value to their clients and remain relevant in a world where RPA is increasingly being used to automate routine tasks.
For more about bookkeeping:
https://brainly.com/question/31232489
#SPJ11
Steps in achieving success in strategic decision. (Subject: Enterprise Systems and Architecture).
The steps in achieving success in strategic decisions are to: Assess the Situation, Determine the Objective, Strategize, Develop and Monitor Plans and Adjust accordingly.
Assess the Current Situation: The first step is to understand the current situation. Understanding the present situation assists you in identifying the areas where changes are necessary. A successful strategic decision is based on a comprehensive understanding of the current situation.Determine the Objective: Define your goal to make a strategic decision. Identify what you want to accomplish. Having a clear objective enables you to develop a strategic plan.Define Strategies: Establish strategies for achieving your objectives. These strategies should be specific and should align with your objectives. Develop an Action Plan: Develop an action plan that outlines the steps necessary to implement the strategies. This plan should also include who will be responsible for each action.Monitor Progress: Check to see if the strategies and action plan are working as intended. Tracking progress will allow you to identify issues and adapt your strategy as needed.Adjust the Strategy: If the current strategy is not working, change it. Developing a successful strategic decision necessitates flexibility and the ability to adapt to changing situations.The above steps will ensure success in strategic decision-making.
To know more about successful strategic decision
https://brainly.com/question/17924318
#SPJ11
Rajni cored 62% in englih,80% in mathematic and 56% in ocual cience IfThe maximum mark in thee ubject were 50,100 and,75 repective,find her aggregrate percentage
Using percentages we know that the aggerate mark of Rajini would be 66.82%.
What are percentages?In essence, percentages are fractions with 100 as the denominator.
We place the percent symbol (%) next to the number to indicate that the number is a percentage.
For instance, you would have received a 75% grade if you answered 75 out of 100 questions correctly on a test (75/100).
So, we know that:
English: 62% and max. marks are 50.
50/100 * 62 = 31
Maths: 80% and max. marks are 80.
80/100 * 80 = 64
Social Science: 56% and max. marks are 75.
75/100 * 56 = 42
Then, aggregate percentage:
31+64+42/50+80+75 * 100
137/205 * 100
66.82%
Therefore, using percentages we know that the aggerate mark of Rajini would be 66.82%.
Know more about percentages here:
https://brainly.com/question/24877689
#SPJ4
The antitakeover tactic, _______, is when a firm offers to buy shares of their stock from a company (or individual) planning to acquire their firm at a higher price than the unfriendly company paid for it.
A.
golden parachute
B.
poison pill
C.
greenmail
D.
scorched earth
The antitakeover tactic known as greenmail is when a firm offers to buy shares of their stock from a company (or individual) planning to acquire their firm at a higher price than the unfriendly company paid for it.
What do you understand by greenmail?In other words, greenmail is a defensive strategy that involves the target company buying back its shares at a premium from a hostile bidder in order to avoid a hostile takeover.
Greenmail is one of several antitakeover tactics used by firms to fend off hostile takeovers. Others include poison pills, golden parachutes, and scorched earth.
The poison pill, for example, is a tactic that involves a company issuing new shares of stock to existing shareholders in order to dilute the value of the stock held by the acquiring company.
The golden parachute, on the other hand, is a strategy that offers executives and key employees large payouts if the company is acquired, thereby discouraging a takeover.
Scorched earth is a tactic that involves a target company taking steps to make itself unattractive to the hostile bidder by making drastic changes to its business operations.
To know more about greenmail visit:
https://brainly.com/question/28265876
#SPJ11
(If you can answer this question, please answer it. No one's been answering my questions ): )
Think about price, place, promotion, and product.
Do you see any limitations to using these methods to create a marketing plan? If so what limitations do you foresee?
Which of the following statements is true?
A. The World Trade Organization tries to determine who to blame in
trade disputes.
B. The World Trade Organization is only concerned with trade among
industrialized countries.
C. The World Trade Organization tries to improve trading prospects
for developing countries.
D. The World Trade Organization eventually resolves all trade
disputes successfully
SUBMIT
Answer:
C. The World Trade Organization tries to improve trading prospects
The World Trade Organization tries to improve trading prospects out of the following statements is true. The correct option is C. When countries agree to open their markets for products or services in the WTO, their commitments are "bound."
What value does the WTO bring to developing countries?The WTO accords contain various provisions that grant developing and least-developed countries unique rights or extra leniency – "special and differential treatment." Among these are provisions that allow developed countries to treat developing countries more favorably than other WTO members.
The World Trade Organization runs the global trade rules system and assists developing countries in increasing their trade capability. It also provides a venue for its members to negotiate trade agreements and resolve trade disputes with one another.
Thus, the ideal selection is option C.
Learn more about The World Trade Organization here:
https://brainly.com/question/13650479
#SPJ2
The Frank Failing Company has an average variable cost of $8, average fixed cost of $16,marginal cost of $12, and elasticity of demand −3. Frank should: charge $18
The Frank Failing Company has an average variable cost (AVC) of $8, average fixed cost (AFC) of $16, marginal cost (MC) of $12, and an elasticity of demand (Ed) of -3. To determine the optimal pricing strategy, Frank should consider these factors.
With the given elasticity of demand, we know that the demand is elastic, meaning that a decrease in price would result in a greater increase in quantity demanded. In this case, Frank should aim to maximize revenue by setting a price that balances costs and revenue.
Currently, Frank charges $18, which covers the average total cost (ATC), as ATC is the sum of AVC and AFC, and in this case, ATC = $8 + $16 = $24. However, Frank's marginal cost is $12, which is lower than the current price of $18.
To determine the optimal price, we must consider the rule of thumb: when Ed < -1, the markup (price minus MC) should be equal to the reciprocal of the elasticity of demand. Using this rule, we get a markup of (1/-3) = -1/3, which corresponds to a 33% markup on the marginal cost. So, the optimal price would be: $12 + (0.33 x $12) = $15.96.
In conclusion, Frank should consider reducing the price from $18 to approximately $15.96 to maximize revenue, given the elasticity of demand and the marginal cost of production.
Know more about "elasticity of demand".
https://brainly.com/question/31293339
#SPJ11
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1
Determining Liquid Assets and Current Liabilities. Based on these items, what is the total of the (a) liquid assets and (b) current liabilities?
Checking account balance $860
Retirement account balance $57,000
Credit card balance $117
Coin collection $450
Savings account balance $2,675
Current student loan payment due $220
Investment account balance $8,000
Mortgage $178,000
xyz company reported net income of $200,000 for the year. during the year, accounts receivable decreased by $10,000, inventory increased by $8,000, accounts payable increased by $6,000, depreciation expense of $10,000 was recorded, and land was purchased for $150,000 in cash. net cash flow from operating activities for the year was:
The net cash flow from operating activities for XYZ company for the year was $218,000.
Now, let's explain how to calculate it.
The net cash flow from operating activities is the amount of money that a company generates from its operations during the period.
To calculate it, we need to add back depreciation expense to the net income and adjust the changes in working capital. Working capital is the difference between current assets and current liabilities.
In this case, accounts receivable, inventory, and accounts payable are current assets and current liabilities, respectively.
Net cash flow from operating activities = Net Income + Depreciation Expense + Increase in Accounts Receivable - Increase in Inventory + Increase in Accounts Payable
Net cash flow from operating activities = $200,000 + $10,000 - $10,000 + $6,000
Net cash flow from operating activities = $206,000
Since the company purchased land for $150,000 in cash, we need to subtract this amount from the net cash flow from operating activities to obtain the total net cash flow for the year.
Net cash flow for the year = Net cash flow from operating activities - Purchase of land
Net cash flow for the year = $206,000 - $150,000
Net cash flow for the year = $56,000
Thus, the net cash flow from operating activities for the year was $218,000.
Learn more about cash flow at https://brainly.com/question/735261
#SPJ11
Olin, a professional artist and art teacher, convinces Plato, who has no artistic ability, that he has considerable talent and induces him to pay Olin $10,000 for art lessons. When Plato realizes the truth, he files a suit against Olin. Plato is most likely to recover on the basis of
Answer:
Fraud
Explanation:
Fraud can be defined as a criminal deception or deceit that is aimed at resulting in financial gain.
From the above question, Olin defrauded Plato of $10,000 despite knowing that Plato had no talent. This is fraudulent and as such can help Plato's case against olin.
Cheers.
Which element will you include to present numerical data visually on a slide? A. graph B. text C. flowchart D. audio clip
A graph represents numeric data in a visual format. Graphs make information easier to present on a PowerPoint.
The correct option A.
We can include a graph to present numerical data visually on a slide.
How do you describe a presentation in a graph?Tips and phrases for explaining graphsClearly introduce graph. Be sure to clearly introduce the title or topic at the beginning. Keep language simple. Remember, the aim is to help people understand your graph, not to make long, complex sentences. Use pointing effectively. Use hedging.What is the purpose of plot graphs?A plot is a graphical technique for representing a data set, usually as a graph showing the relationship between two or more variables. The plot can be drawn by hand or by a computer. In the past, sometimes mechanical or electronic plotters were used.
Learn more about graphs here https://brainly.com/question/14323743
#SPJ2
If a firm or a nation desires to maximize its output, each productive assignment should be carried out by those persons who Group of answer choices have the highest opportunity cost. have a comparative advantage in the productive activity. can complete the productive activity most rapidly. least enjoy performing the productive activity.
Answer:
have a comparative advantage in the productive activity.
Explanation:
A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people. It means that the person is more efficient in the production of that good when compared with other people.
For example, farmer A produces 10kg of lettuce and 5kg of wheat. Country B produces 5kg of lettuce and 10kg of wheat.
for farmer A,
opportunity cost of producing lettuce = 5/10 = 0.5
opportunity cost of producing wheat = 10/5 = 2
for farmer B,
opportunity cost of producing lettuce = 5/10 = 0.5
opportunity cost of producing wheat = 10/5 = 2
Farmer A has a comparative advantage in the production of lettuce and farmer B has a comparative advantage in the production of wheat
Farmer A should produce lettuce and farmer B should produce wheat in order to maximise output
Emily just got a car. She needed insurance, so she has purchased the insurance and pays the premium. Who is Emily in this scenario? A. the person with power of attorney B. the insurer C. the policyholder D. the rider
Answer:
Policy holder
Explanation:
There is no power of attorney needed nor mentioned in the problem. The insurer is the one who sells the policy. The rider doesn’t have to have insurance so that is irrelevant.
Answer:
Policy Holder
Which of the following statements would be considered pros of globalization?
Increased competition between countries
Increased immigration of unskilled workers
Increased public funding for education and immigration of those citizens with education
Increased consumption of wide variety of goods leading to increased production
Answer:
increased consumption of wide variety of goods leading to increased production.
Explanation:
im sorry if i get it wrong
Lindy Appliance begins operations in 2021 and offers a one-year warranty on all products sold. Total appliance sales in 2021 are $1,600,000, and Lindy estimates future warranty costs in 2022 to be 2% of current sales. Actual warranty costs in 2022 are $25,000. Also in 2022, Lindy has additional sales of $2,400,000 and revises its estimate of warranty costs associated with sales in 2022 to be 1.5%.
Required:
1. Record the adjusting entry for estimated warranty costs at the end of 2021.
2. Record the summary entry for actual warranty expenditures in 2022, assuming all costs were paid in cash.
3. Record the adjusting entry for estimated warranty costs at the end of 2022.
4. What is the balance in Warranty Liability at the end of 2021 and 2022?
The Lindy Appliance will meet the requirements by recording the following journal entries:
Journal Entries:
1. December 31, 2021: Debit Warranty Expense $32,000
Credit Warranty Liability $32,000
To record the warranty costs for the year.2. 2022 Debit Summary: Warranty Liability $25,000
Credit Cash $25,000
To record the actual warranty expenditures in 2022.3. December 31, 2022: Debit Warranty Expense $36,000
Credit Warranty Liability $36,000
To record the warranty costs for the year.4. The balance in the Warranty Liability account at the end of 2021 is $32,000, and at the end of 2022, it is $43,000.
Data and Calculations:
Warranty period for sales = 1 year
Sales Revenue in 2021 = $1,600,000
Estimated warranty costs for 2021 = $32,000 (2% of $1,600,000)
Actual warranty costs in 2022 = $25,000
Sales Revenue in 2022 = $2,400,000
Estimated warranty costs in 2022 = $36,000 (1.5% of $2,400,000)
Analysis:
1. December 31, 2021: Warranty Expense $32,000 Warranty Liability $32,000
2. 2022 Summary: Warranty Liability $25,000 Cash $25,000
3. December 31, 2022: Warranty Expense $36,000 Warranty Liability $36,000
Thus, the balance in the Warranty Liability account at the end of 2021 is $32,000, and at the end of 2022, it is $43,000 ($32,000 - $25,000 + $36,000).
Learn more: https://brainly.com/question/24125190
"Why can production only take place on or inside the curve?"
Answer:
I suppose that you are referring to a production possibilities frontier (PPF) curve. Total production output can only take place on or inside the curve because the PPF curve gives us the maximum combination of output that we can produce of two different goods using all available resources.
e.g.
Cars Boats
100 0
80 15
60 30
40 45
20 60
0 75
If you want to produce 60 cars, the maximum number of boats that can be produced is 30. You can produce less than 30 boats, and have some spare unused resources, but you cannot produce 40 boats.
Damien, an HR manager at Guidelines Inc., is preparing for a 5 percent increase in the production labor force next year. To do this, he needs to determine what the current number of production employees is and how the number is likely to change by the end of the year. To help with this analysis, Damien should use a
The best analysis that Damien can used to determine the current number of production employees and how the number is likely to change is the transitional matrix.
What is the transitional matrix?A transitional matrix refers to an square matrix analysis tool that gives the probabilities of different states or condition going from one to another.
In conclusion, the transitional matrix will allows Damien to determine the current number of production employees and how the number is likely to change through probability analysis.
Read more about transitional matrix
brainly.com/question/14973565
Which of the following condition(s) favors using departmental overhead rates in place of a plantwide overhead rate?
A) Different departments incur different amounts and types of manufacturing overhead.
B) Different jobs or products use the departments to a different extent.
C) Both of the above.
D) Neither of the above.
Option c: Different departments incur different amounts and types of manufacturing overhead and Different jobs or products use departments to a different extent favors using/utilizing departmental overhead rates.
The cost rate of each department in the manufacturing process of the factory is called the department overhead cost. The overhead rate for departments is different at each stage of the manufacturing process as different departments perform specific actions to complete the final process.
Breaking down overhead costs by individual business unit rather than by company-wide percentages allows management to more accurately identify business inefficiencies and take targeted action.
The cost rate of each department in the manufacturing process of the factory is called the department overhead cost. The overhead rate for departments is different at each stage of the manufacturing process as different departments perform specific actions to complete the final process.
To learn more about departmental overhead rates, here:
https://brainly.com/question/30502625
#SPJ4
if the coupon interest rate remains constant from the time of issue until the bond matures, then the bond is called a bond.:
Answer:
2 is a global measure taken to prevent wastage of water from the point of view of the spectator as well as the player of the earth to the ground in the coastal regions prevents the seawater immersion into the freshwater of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the
What kinda of block can result from poor language skills
Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
According to o*net, what is the projected growth for this career between 2020–2030? average decline little or no change slower than average
According to o*net, the projected growth of careers between 2020-2030 would be faster than the average growth rate.
What does the study reveal?The data collected in this study show that employment in the United States will grow between 2020 and 2030, with an expressiveness of about 10% in this period, based on projections related to open job positions in the country, innovation, population growth, etc. .
Therefore, research such as the one on the O'Net site is capable of making projections for the future based on current data and information, helping to understand economic situations likely to occur in a given period.
Find more about quantitative research at:
https://brainly.com/question/24492737
#SPJ1
Answer:
D
Explanation:
The following data are available for Sampson Corporation.
Net income $200,000
Depreciation expense 60,000
Dividends paid 90,000
Loss on sale of land 15,000
Decrease in accounts receivable 30,000
Decrease in accounts payable 45,000
Net cash provided by operating activities is:
A. $160,000.
B. $140,000.
C. $260,000.
D. $240,000.
The Net cash provided by operating activities is $260,000. Thus, option C is correct.
What is operating activities?Operating activities include everything a firm does on a regular basis to bring its products and services to market. Non-operating activities are one-time occurrences that may have an impact on sales, costs, or cash flow but are not part of the company's regular, core activity.
Given that,
Net income = $200,000Depreciation expense = 60,000Dividends paid = 90,000Loss on sale of land = 15,000Decrease in accounts receivable = 30,000Decrease in accounts payable = 45,000So, the Net cash provided by operating activities is computed by using the following formula.
Net cash provided by operating activities = Net income + Depreciation + loss on land + decrease in receivables - decrease in payables
= $200,000+ 60,000+ 15,000+30,000- 45,000
= $260,000
Thus, $260,000 is the Net cash provided by operating activities Therefore, it can be concluded that option C is correct.
Learn more about operating activities here;
https://brainly.com/question/14122060
#SPJ2
Do you think that employers have a right to judge an applicant attitude when hiring? Give a reason for your answer
4. You are about to graduate from the MBA program of a leading university. You specialized in management information systems (MIS) and will start a job with a company that commercially develops Web pages. You own a personal computer that is a couple of years old. You have decided to sell it and buy new equipment later after you see what kind of projects your employer has you working on. So you post a flyer on campus bulletin boards about the computer for sale. You have decided not to tell prospective buyers that you hand drive acts as its about to fail and that the computer occasionally crashes without warning. Is this ethical? Would you be likely to do this if you were this particular student?
Answer:
No, this is not ethical.
Explanation:
Ethics is moral principle which governs a person. A person is ethical if he considers benefit for others and his acts or thoughts does not harm anyone. In the given scenario the person is trying to sell his old computer which has many issues. These are not listed in the flyer. If the person does not want to list the issues then he must tell to specific buyer when he comes to buy the computer. He must tell all the faults and problems to the potential buyer.
Which of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above
Answer:
D
Explanation:
Answer:
D. All the above
Explanation:
Which department of a business is responsible for creating budgets and
analyses the inflow and outflow of the company's monetary assets?
Research and Development
O Production
O Accounting and Finance
O Marketing and Sales
Answer:
Accounting and Finance
Which of the following would be an example of a WANT?
Define the term unemployment and explain the relationship between unemployment and crime
Answer:
The term unemployment refers to a situation where a person actively searches for employment but is unable to find work.
an illegal act for which someone can be punished by the government. especially : a gross violation of law. : a grave offense especially against morality
Explanation:
hope it helps️️
What was yesterdays Price? Whats todays Price?
Find 5 stocks that you are interested in investing in. Give the company Name, Ticker Symbol, Share price today and What the Company does?
Pls do it pls I need it really needed it for today pls answer it
Answer:
The price is higher then it was yesterday
Explanation: