Proprietary funds are required to present a statement of revenues and expenses and balance sheet. Option A is the correct answer.
Proprietary funds are the type of funds in which the financial activities are accounted for using a business model. A business model refers to how an organization’s financial resources are collected and used. Proprietary funds are also known as enterprise funds.
Some of examples of proprietary funds are internal service funds, enterprise funds, etc. Proprietary funds are required to present a statement of revenues and expenses and balance sheet. This requirement helps users to understand the economic resources, liabilities, and changes in the fund balances of proprietary funds. Also, proprietary funds are required to present a reconciliation between the statement of revenues, expenses, and changes in fund net position and the cash flow statement.
This requirement helps users to understand the relationship between changes in proprietary funds' net position and cash flow. Furthermore, proprietary funds are not required to accrue interest due more than 30 days after the end of the fiscal year. This is because interest that is due in the future is considered uncertain and cannot be measured accurately. Proprietary funds are not required to present budget-actual statements in the fund statements. This is because the budget information is already presented in a separate budget document.
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what is the interest rate that would make $10,000 received in the first year equivalent to $3,500 received each year for 4 years?
SI = (P x R x T) / 100
SI = Simple Interest. P = Principal amount (invested or borrowed) R = Rate of interest. T = Time period (investment or loan repayment)
=($10,000*3,500 *4)/100=140000000
The interest rate that is determined over a year is the annual interest rate. Although some interest rates apply to shorter time frames, such a day or a month, they are often annualized. The preference for a dollar of now over a dollar of future has been characterized as an index of the interest rate. The borrower is willing to take the necessary steps. A person who deposits money in a bank or other financial institution also earns additional income in terms of the recipient, known as interest, taking into account the time value of money, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.
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How would you manage the school if you are the headmaster?
Answer:
i wouldn't manage
Explanation:
Someone copied a library video and sold the copies to friends. This is an
example of ____.
A. embezzlement
B. intellectual property theft
C. cybercrime
D. shoplifting
its be fasho cause i learned about it
Someone copied a library video and sold the copies to friends. This is an example of intellectual property theft. Hence, option B is correct.
What is intellectual property theft?Intellectual property theft occurs when a person or organization has their invention, creative expression, or idea taken from them. When someone commits IP theft, they can also be stealing trade secrets, copyrights, trademarks, or patents. Names, logos, insignia, inventions, client lists, and more fall under this category.
Manufacturing, selling, or distributing fake or stolen commodities, such as trademarks, industrial designs, literary works, or creative works, for financial benefit is considered an intellectual property crime.
Loss of client confidence. A reputational hit. reduction in revenue and expansion of the company. loss of advantage in the marketplace.
Thus, option B is correct.
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HELPPPPP I AM STUCK ! Explain how production gives form utility to natural resources.
Answer:
land has a broad definition as a factor of production and can take many forms from agricultural land to commercial real estate. natural resources such as oil and gold can be extracted and refined for human consumption
cultivation of crops on land increases its value and utility
Complete each statement by choosing the correct answer from the drop-down menu.
is the ability to stay positive and focused on finding a solution that
satisfies the customer.
The
is to find out what is wrong and what is needed to restore positive
relations with customers.
Customer service must emphasize the importance of
a customer complaint.
DONE
Answer:
1. Customer service mindset.
2. Goal of customer service.
Explanation:
Customer relationship management can be defined as a strategic process which typically involves combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Thus, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
This ultimately implies that, customer relationship management is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers.
The fundamentals of customer relationship is mainly focused on improving sales support, creating efficient and effective marketing communications, technical assistance and customer service, so as to bring great level of satisfaction to the customers.
Customer service refers to the overall collection of interactions existing between a company and the customers who have purchased its goods and taken its services in the past or potential customers who may do that in the future.
1. Customer service mindset is the ability of a customer care representative to remain positive and focused on proffering a solution to customer-related problems, so as to make a customer feel happy and satisfied based on their interactions with the company.
2. The goal of customer service is to ensure customer care representatives find out what is wrong with a particular customer and what action is needed to restore positive relations with the customer. A good customer service must emphasize the importance of a customer complaint.
In conclusion, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.
Answer:
The person below me got it right, but the third answer is "responding promptly to"
Explanation: I just did it lol
so whos gonna help me with my family and consumer science finals :/
what is the difference between the FBI and the CIA
Answer:
The CIA (Central Intelligence Agency) mostly operates outside the United States to gather intelligence via a network of spies whereas the FBI (Federal Bureau of Investigation) predominantly operates within the U.S. to both gather intelligence as well as tackle federal crimes.
Explanation:
Utilizing your research notes, imagine you are a business manager and you must create a brief step-by-step problem-solving guide to be used by your employees. The guide should outline the steps in the problem solving process and provide a few details as to how an individual could approach each step. The guide should be no more than one page. Be sure to explain the value of collaboration and teamwork within the workplace.
Answer:
Define the problem
Analyze the affects of problem on the business
Generate list possible solutions to it.
Evaluate each alternative.
Implement a solution that is best fit
Monitor the results
Explanation:
There are six steps in problem solving. As a business manager one should understand all these steps to immediately counter a problem and progress for business success. The business manager should first define the problem and analyse the affects that it may cause to the business operations. He should then consider list of possible solutions which can solve the problem without any harm to business activities. The best possible solution to the problem should be selected and then it should be implemented to solve the problem quickly. The progress of the problem solving should be evaluated.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
The theory of _____ in which countries specialize in goods that have a lower opportunity cost, is citied by supporters of free trade
Answer:
comparative advantage
Achievement of strategic goals through organization development is likely to fail if
O it involves new-direction innovation
O top managers are not committed
O leaders employ an innovation strategy
O the organization does not understand the competition
Answer: Influence is the answer
Explanation:
Which term refers to a value in a table that is a reference to the unique values in a corresponding table in a relational database?
foreign key
primary key
reference
relationship
EDGE NUITY
Answer:
I belive the answer is primary key actully
Explanation:
B on edg 2021
Primary key refers to a value in a table that is a reference to the unique values in a corresponding table in a relational database.
Relational database refers to a group of tables that store associated data. Relational database tables have a few essential properties.
- Order of the columns or rows does not matter.
- Every row includes exactly one value per column.
- Value in each given column is of the same type.
A primary key refers to the group of columns or an individual column which helps in unique identification of every single row in a table. The primary key is used to identify each row of a table in the database and to define the relationship between the tables.
All tables in a relational database must have a primary key. No two rows in a table will have the same values for a primary key.
A table can contain unlimited of data. It can easily contain records which can be in thousands. Here is when the importance of primary key can be understood. To identify the data uniquely, without scrolling through the data, you will need a primary key.
If no primary key is specified, all columns become the same primary key. You should keep your primary key for each table as compact as possible.
The concept of a primary key is essential for an efficient relational database. Without a primary key and closely related foreign key concepts, a relational database wouldn't work.
Primary key plays a very important role in a relational database. It ensures row level accessibility for the data in database.
Hence, (B) Primary key is the correct answer.
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what is the main difference between a defined benefit (db) pension and a defined contribution (dc) pension?
The main difference between a defined benefit (DB) pension and a defined contribution (DC) pension is that a DB pension provides a guaranteed retirement income based on a formula, while a DC pension provides a retirement income based on contributions and investment earnings.
What is a defined benefit pension plan?A defined benefit (DB) plan is a type of pension plan that promises a specific benefit amount to employees when they retire, which is generally based on a formula that considers an employee's years of service and final average pay. Employers fund DB pension plans and are responsible for ensuring that there are enough assets in the plan to pay promised benefits.
What is a defined contribution pension plan?A defined contribution (DC) plan is a type of retirement plan that allows employees to contribute a portion of their salary into an account that grows tax-free until retirement. Employers may also contribute to the employee's account in the form of matching contributions or profit-sharing contributions.
The account balance at retirement is determined by the contributions made and the investment returns earned on those contributions. The employee is responsible for managing the investments in the account and bears the investment risk.
The employee also has the flexibility to choose when to retire and how to take distributions from the account.
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Kenworth Company uses a job-order costing system. Only three jobs-Job 105, Job 106, and Job 107 were worked on during November and December. Job 105 was completed on December 10; the other two jobs were still in production on December 31, the end of the company's operating year. Data from the job cost sheets of the three jobs follow: Job Cost Sheet Job 105 Job 106 Job 107 November costs incurred Direct materials $16,700 $ 9,500 $ 0
Direct labour $13,200 $7,200 $ 0
Manufacturing overhead $21,120 $11,520 $ 0
December costs incurred Direct materials $0 $8,300 $21,700 Direct labour $4,150 $6,100 $10,200
Manufacturing overhead ? ? ?
The following additional information is available
a. Manufacturing overhead is applied to jobs on the basis of direct labour cost
b. Balances in the inventory accounts at november 30 were as follows
Predetermined overhead rate = $21120/$13200 = 160% of direct labor cost
How to solveWork in process on Nov. 30 = $16700 + $13200 + $21120 + $9500 + $7200 + $11520 = $79240
Raw Materials Work in Process
Beg. Bal. 40600 34150 a. Raw materials issued 30000
a. Raw materials issued 30000 b. Direct labor incurred 20450
b. Direct labor incurred 20450 3-b. Manufacturing overhead applied 32720
3-b. Manufacturing overhead applied 32720 End. Bal. 6450 End. Bal. 100600
Finished Goods Manufacturing Overhead
Beg. Bal. 86000 a. Manufacturing overhead incurred 19270
a. Cost of goods manufactured 61810 b. Manufacturing overhead applied 32720
End. Bal. 147810 End. Bal. 1100
Event General Journal Debit Credit
a. Work in process 30000
Raw materials 34150
Manufacturing overhead 4150
(To record issue of materials)
b. Work in process 20450
Salaries & wages payable 28650
Manufacturing overhead 8200
(To record labor costs incurred)
c. Manufacturing overhead 19270
Accounts payable 19270
(To record manufacturing overhead costs incurred)
Predetermined overhead rate = $21120/$13200 = 160% of direct labor cost
Event General Journal Debit Credit
1 Work in process 61810
Finished goods 61810
(To record jobs completed and transferred)
Cost of Job 105 completed and transferred to finished goods = $16700 + $13200 + $21120 + $4150 + (160% x $4150) = $61810
Job 106 Job 107 Total
Direct materials 17800 21700 39500
Direct labor 13300 10200 23500
Manufacturing overhead 21280 16320 37600
Total cost $ 52380 48220 100600
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Many parenting couples move in together, then out, then back in, a situation referred to as-intermittent cohabitation.-trial marriage.-domestic partnership.-consensual marriage.
The situation you described is referred to as intermittent cohabitation. This term is used to describe couples who move in together, then out, and then back in again.
Intermittent cohabitation is a common phenomenon among young adults, particularly those who are not ready to commit to a long-term relationship or marriage. It is often seen as a way to test the waters of a relationship before making a more permanent commitment.
This type of cohabitation is different from trial marriage, which is a deliberate decision to live together for a certain period of time to see if the couple is compatible for marriage. Domestic partnership and consensual marriage are legal terms that refer to couples who live together and share a domestic life, but have not formally married.
In summary, intermittent cohabitation is a common practice among young couples who are not ready for a permanent commitment, while trial marriage, domestic partnership, and consensual marriage are legal terms used to describe different types of relationships.
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Please help, Worth 90 Points!!
Answer:
free points ezzzzz
Explanation:
Answer:
Cash: 7,11,19,12
A/R: 11,19
A person who needs a car for a few weeks while visiting family out of state
would most likely choose to do which of the following?
A. Finance a car
B. Rent a car
C. Lease a car
D. Join a carpool
Answer:
B. Rent a car or A car rental
Explanation:
Got the quiz question correct!
the united states government decides to use an expansionary monetary policy to assist businesses in borrowing money in an effort to help them hire more people. what is one action they could take to achieve this goal?
Answer: By lowering the Cost of Borrowings.
Explanation: One action that the United States government could take to achieve this goal is by decreasing interest rates on borrowings. By decreasing interest rates, it becomes easier and more affordable for businesses to borrow money from banks and other lenders. It can lead to increased capital investments in their operations, which in turn, can encourage them to invest in expanding their operations and hiring more people. This is an example of an Expansionary Monetary policy, which seeks to stimulate economic growth by increasing the supply of money in circulation and lowering the cost of borrowing.
Additionally, lower interest rates can also stimulate consumer spending by reducing the cost of borrowing for individuals, which can further support businesses and the overall economy.
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Identify a service in which they are packaged.
Please give real answers only, 100 points/brainliest/thanks/5-star Rated and more.
A service which is packaged is a web design package.
What are packaged services?Packaged services refer to those services that are not offered one at a time but are instead offered as a bundle in order to make them more marketable.
There are several services that can be packaged. Indeed, just about any service can be packaged. An example is a web design package offered to people who want their websites to be managed. A web design package could include things like domain name provision, website hosting, email addresses and social media integration.
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Investor overconfidence leads to
A) too little trading.
B) an overestimation of risk.
C) overly optimistic predictions.
D) narrow framing.
Investor overconfidence leads to C) overly optimistic predictions.
Overconfidence in the context of investing refers to investors' tendency to have an excessive belief in their own abilities and the accuracy of their predictions. This bias can lead to overly optimistic predictions about the future performance of investments. Investors may overestimate their ability to select winning stocks or accurately time the market, leading them to have unrealistically positive expectations about investment outcomes. As a result, they may take on more risk than they should, make speculative investments, or fail to properly diversify their portfolios. Overly optimistic predictions stemming from investor overconfidence can contribute to poor investment decisions and potentially lead to financial losses.
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Noriko analyzes ways to create and improve computer systems.
Boris helps people who are having difficulty using computers.
Lane writes code for operating systems.
Jewel tests software to identify problems.
Carla fixes and maintains databases.
Ignacio plans, organizes, and oversees information technology projects.
Answer:Brian uses ultrasound technology to create images of a patient’s liver and kidneys.
Nigel performs tests on a patient to get information about how his heart is working.
Krystal analyzes X-rays to determine whether a patient has a broken arm.
Explanation:
Answer:
A. B. F.
Explanation:
Edge
HELP ASAP Which one of the following statements about the function of money is wrong? Money holds its value well in times of inflation. Money makes trading goods and services easier. Money makes it easier to save
The statements about the function of money that is wrong is Money holds its value well in times of inflation.
Money serves as a means which helps individual to perform exchange of goods and services.
However, during inflation, money tends to loss its value because of higher price of goods.
Therefore, during inflation the value of money will be loss, which means the function of money here is not justified.
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when conversing with people, we typically achieve percent accuracy in interpreting each other's remarks.
when conversing with people, we typically achieve percent accuracy in interpreting each other's remarks 25 to 50.
A measurement or test's % accuracy is a gauge of how closely it resembles its actual or ideal value. This ratio is the true value divided by the difference between the true and measured values. Manufacturers refer to the accuracy as a percentage of the reading that is now shown when they characterize their accuracy as "% of reading". For instance, a gauge that reads 100 psi and has a 0.1% reading accuracy would be accurate to 0.1 psi at that pressure.High accuracy equates to low error rate, whereas low accuracy equates to high error rate. The accuracy is expressed as a percentage by the accuracy formula, and the total of accuracy and error rate is one hundred percent.
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a) The solar installation generates electric power from sunlight and incurs operating costs for cleaning
the solar modules (sometimes called solar panels) and replacing solar modules that have failed. The
annual revenue from the electric power is variable due to variable cloudiness and solar module failure
and has a mean of $2.78m and a standard deviation of $0.32m. The annual operating costs have a mean
of $0.51 and a standard deviation of $0.12m.
calculate the mean and standard deviation of the annual profit
Answer:
The mean of the annual profit is $2.27 m.
The standard deviation of the annual profit is $0.3418 m.
Explanation:
Let X represent the annual operating costs for cleaning the solar modules and replacing solar modules that have failed.
And let Y represent the annual revenue from the electric power.
It is provided that:
\(E(X)=\$0.51\ m\\E(Y)=\$2.78\ m\\SD(X)=\$0.12\ m\\SD(Y)=\$0.32\ m\)
It is known that:
Annual Profit (Z) = Annual Revenue (Y) - Annual Operating Costs (X)
Compute the mean of the annual profit as follows:
\(E(Z)=E(Y-X)\)
\(=E(Y)-E(X)\\=2.78-0.51\\=2.27\)
The mean of the annual profit is $2.27 m.
Compute the standard deviation of the annual profit as follows:
\(SD(Z)=\sqrt{V(Y-X)}\)
\(=\sqrt{V(Y)+V(X)-2Cov(X,Y)}\\=\sqrt{V(Y)+V(X)}\\=\sqrt{(0.32)^{2}+(0.12)^{2}}\\=0.3418\)
The standard deviation of the annual profit is $0.3418 m.
True/False: Units transferred in to department 2 from department 1 during the period and units in beginning inventory for department 2 for the same period are always equal.
False. Units transferred in to department 2 from department 1 during the period and units in beginning inventory for department 2 for the same period are not always equal.
The reason for this is that the units in beginning inventory for department 2 could have been carried over from the previous period. In other words, the beginning inventory for department 2 may not necessarily be zero. This would mean that the units transferred in from department 1 would need to be added to the beginning inventory to determine the total number of units available for department 2 to work with during the period.
On the other hand, if the beginning inventory for department 2 is zero, then the units transferred in from department 1 would indeed be equal to the units in beginning inventory for department 2 for the same period.
It is important to note that the relationship between units transferred in and beginning inventory can vary depending on the specific accounting system being used. In some cases, the beginning inventory may include units that are in transit from department 1 to department 2, which would affect the calculation of both beginning inventory and units transferred in.
Therefore, it is essential to consider the specific context and accounting system being used before making any assumptions about the relationship between units transferred in and beginning inventory.
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Randall is the general manager for a company that rents surf equipment, including scuba gear, snorkeling masks, and paddleboards. Randall's job belongs in the _____ pathway of the Hospitality and Tourism cluster.
Question 2 options:
Lodging
Travel and Tourism
Recreation, Amusements, and Attractions
Restaurant and Food/Beverage Services
If Randall is the general manager for a company that rents surf equipment, including scuba gear, snorkeling masks, and paddleboards. Randall's job belongs in the Recreation, Amusements, and Attractions pathway of the Hospitality and Tourism cluster.
What is Recreation, Amusements, and Attractions?Recreation, Amusements, and Attractions can be defined as the type company that rendered the following services :
ArcadesAmusement parksMuseumsAnimal attractionsSnorkeling masksBased on the given description we can conclude that the general manager works in the Recreation, Amusements, and Attractions.
Therefore the correct option is C.
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Answer:C recreation, amusements, and attraction
Explanation: I just got 100% percent on my exam and I’ve studied this. :)
Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper business practices. charging a fair price for goods and not taking advantage of others in the industry. getting the highest price possible for goods without violating the law. observing industry standards and practices that may be unique to the particular industry.
Answer:
observing industry standards and practices that may be unique to the particular industry.
Explanation:
Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.
For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.
It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.
In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.
How is international employment different from foreign employment? Give your argument with examples.
Answer:
Foreign employment is working for a company that is based in another country and you usually only work in one country. International employment is working in multiple countries and often your own home country is one of them
along a straight-line downward-sloping demand curve, a decrease in the market price of a good: will increase consumer surplus. will cause no change in consumer surplus. will decrease consumer surplus. may either decrease or increase consumer surplus.
Price elasticity of demand reduces as we move down the demand curve from higher to lower prices for a straight downward sloping demand curve.
The price elasticity of demand is affected by the change from higher to lower prices in what way?Given that consumers are more sensitive to price changes when the price is high, the desired amount decreases at higher prices, and a change in price causes a larger change in quantity. As we proceed down the curve toward lower costs, the responsiveness to the quantity requested decreases and the elasticity likewise decreases.
What changes in the demand elasticity occur as the price is reduced?Economists assert that the prices of some goods are particularly inelastic. That is, neither a price decrease nor a price increase significantly affects demand. The price-to-demand elasticity of gasoline, for example, is low.
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A CARTEL IS DEFINED AS A FORMAL ORGANIZATION OF PRODUCERS THAT AGREE TO COORDINATE PRICES & PRODUCTION.
OPEC is an organization that comprises the world's most important oil-producing nations.
Research this and explain how OPEC fulfills the characteristics of a cartel.
Answer:
cartel - an agreement by a formal organization of producers to coordinate prices and production
Explanation:
Who are the OPEC plus countries?
Currently, the Organization comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.
Member: Iran, Iraq, Ecuador
Place founded: Baghdad