The Federal Deposit Insurance Corporation (FDIC) in the United States provides insurance coverage for certain types of financial accounts held at FDIC-insured banks. The FDIC was established to protect depositors and maintain stability in the banking system. It provides insurance coverage up to a specified amount per depositor in case of bank failures or financial difficulties.
As of September 2021, the FDIC insures deposits up to $250,000 per depositor, per insured bank. This coverage applies to various types of accounts, including checking accounts, savings accounts, money market deposit accounts, and certificates of deposit (CDs), among others. The $250,000 insurance limit is the standard coverage per depositor, but it's important to note that multiple accounts held in different ownership categories may be separately insured.
For example, if an individual holds a checking account with a balance of $150,000 and a savings account with a balance of $200,000 at the same FDIC-insured bank, both accounts would be fully insured since each account falls within the $250,000 limit. However, if an individual has accounts at multiple banks, the insurance coverage applies to each bank separately.
It's crucial for individuals to understand the FDIC insurance limits and ensure that their deposits are within the insured limits to protect their funds. By maintaining accounts at FDIC-insured institutions and staying within the insurance limits, depositors can have confidence that their funds are safeguarded in case of a bank failure or financial distress. It's advisable to consult with the FDIC or the bank directly for specific details on deposit insurance coverage and to stay informed about any updates or changes to the insurance limits.
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Milo, the owner, has determined that direct labor is the cost driver for all three categories of cost
Direct labour is the cost driver for all three categories of cost, according to Milo, the owner. True.
There are three different categories of cost factors: fixed costs, unit prices, and volume (Overhead). A common cost driver for assigning indirect expenses to manufacturing process output units is direct labour. Variable expenses This kind of cost fluctuates according to the requirements and use of the firm during the production process.
Fixed expenses Fixed costs are outlays that remain constant regardless of the volume of output. The direct reason of a cost is known as a cost driver, and it has an impact on the overall cost spent. For instance, if you need to figure out how much electricity was used during a specific time.
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Correct Question:
State True or False : Milo, the owner, has determined that direct labor is the cost driver for all three categories of cost.
a country imposes a tariff on imports from abroad. how does this action change the long-run real exchange rate between the home and foreign currencies? how is the long-run nominal exchange rate affected?
When a country imposes a tariff on imports, it can lead to an appreciation of the long-run real exchange rate due to increased domestic production and demand for the home currency.
The long-run real exchange rate is the rate at which one country's goods and services can be exchanged for another country's goods and services, adjusted for inflation. Here's how this action can change the long-run real exchange rate:1. Increased domestic production: Imposing a tariff on imports makes foreign goods relatively more expensive compared to domestic goods. This can incentivize domestic producers to increase their production to meet the demand that was previously being met by imports. As a result, there is an increase in domestic output and supply of goods and services.
2. Increased demand for home currency: With an increase in domestic production and supply, there is a higher demand for the home currency. This is because people need to buy more domestic goods and services, and therefore, need more of the home currency to make these purchases. Increased demand for the home currency can lead to an appreciation of the long-run real exchange rate. Now, let's consider how the long-run nominal exchange rate is affected: 1. The nominal exchange rate is the rate at which one currency can be exchanged for another currency without considering inflation. In the long run, the nominal exchange rate is influenced by factors such as relative price levels, interest rates, and productivity.
2. Tariffs on imports can impact relative price levels. When a country imposes a tariff, it raises the price of imported goods. This can lead to higher domestic price levels. As a result, the long-run nominal exchange rate may be affected, with the home currency depreciating against the foreign currency. It's important to note that the exact impact on the long-run real and nominal exchange rates can depend on various factors such as the elasticity of demand for imports and exports, the magnitude of the tariff, and the overall economic conditions of the countries involved.
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What are the taxation benefits?
An income tax deduction lowers your taxable income. Taxation benefits vary depending on the country and jurisdiction, but some common benefits include:
1. Tax relief for investments in certain areas, such as research and development, renewable energy, and certain types of property.
2. Tax exemptions or deductions for certain types of income, such as capital gains or dividends.
3. Tax credits for certain types of expenses, such as education or research and development.
4. Lower tax rates for certain types of income, such as long-term capital gains.
5. Tax incentives for certain types of investments, such as in start-up companies or venture capital funds.
6. Tax deferral or postponement of taxes due on certain types of income, such as foreign-source income.
7. Tax deductions for certain types of charitable donations.
8. Tax incentives for investing in certain types of companies, such as small businesses or those in economically disadvantaged areas.
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Opec radically cuts back on the production of oil used by u.s. manufacturers. The determinant causing the shift in this scenario is?
In this scenario, the determinant causing the shift is a decrease in the supply of oil. When OPEC (Organization of the Petroleum Exporting Countries) radically cuts back on the production of oil used by U.S.
manufacturers, it reduces the availability of oil in the market. This decrease in supply leads to a higher equilibrium price for oil and a lower quantity supplied to U.S. manufacturers. As a result, U.S. will face higher costs of production, as oil is an essential input for many manufacturing processes.
They may need to find alternative energy sources or adjust their production methods to accommodate the reduced oil supply. The decrease in oil production by OPEC can also lead to higher prices for oil-related products, such as gasoline, affecting consumers and potentially impacting the overall economy. In summary, the determinant causing the shift in this scenario is a decrease in the supply of oil by OPEC.
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suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;
The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.
A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.
It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.
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What characteristics of savings accounts make them especially good for students?
Savings accounts can act as a great financial aid for students since they have attributes that prove especially helpful to scholars who are still studying:
Benefits of savings account to studentsNo/minimal threshold balance requirements: The majority of savings accounts have no/low balance needs.
No or low monthly maintenance fees: many savings accounts have no or low monthly maintenance fees..
Interest earnings: Savings accounts typically offer interest on the money deposited,
Safety and security: Savings account are considered to be safe and hence helpful for students
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The foundation of a marketing plan.
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
How can discussions,projects,campaigns and events support victims of xenophobia
Answer: They can raise awareness
Explanation:
Xenophobic victims have been through a lot of discrimination, hatred, physical abuse in most scenario. What most of them need in most cases are encouragement, opportunities to help them better.
Any project, campaign and event done would also raise awareness to those discriminating against them to understand that there is no need for that, most times some of this programs are for raising the awareness and when these awareness are raised they help the sanity of the environment where this xenophobic activities happen previously.
Question 2 of 10
What is product positioning?
O
A. The set of plans for product, price, place, and promotion that the
marketer will use
O
B. The use of names and symbols to identify the company's products
O C. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
OD. A definition of how the company intends for customers to view its
product relative to the competition
Answer:
I think it should be D keep checking just in case
What is the contractual implication to embed the novation
agreement in the main contract (in order to novate Build Dragon to
the future main contractor upon the award of the building
contract)?
The contractual implications of embedding the novation agreement in the main contract are several. First and foremost, novation is the process by which one party to a contract substitutes another party for itself in that contract.
This is essentially what would happen if Build Dragon were novated to the future main contractor upon the award of the building contract. The new party would take on all of the obligations and rights of the original party, and the original party would be released from those obligations and rights.
Firstly, the main contractor assumes all the obligations and rights of Build Dragon, meaning that they take over the contract. This means that the main contractor becomes responsible for the design, construction, and delivery of the project, and for meeting all the contractual obligations of the original agreement.The main contractor will also need to ensure that all the relevant documents, warranties, guarantees, and indemnities are assigned to them, so they can fulfill their contractual obligations.
Therefore, the novation agreement should be properly drafted and reviewed by legal experts to ensure that all the obligations and rights of Build Dragon are transferred to the main contractor, and that the agreement is enforceable in case of disputes.
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mae would love to get her company’s line of wall paints into lowe’s for sale. she believes that if lowe’s sells the products, other retailers will also want to. which type of power does mae hope to achieve?
"Referent Power" type of power mae hope to achieve. Mae hopes to achieve the power known as "Referent Power." Mae would love to get her company’s line of wall paints into Lowe’s for sale.
Being admired, respected, or loved by others confers a sort of influence known as referent power.
Mae, for example, thinks that other retailers will want to carry her company's line of wall paints if Lowe's, a significant retailer, decides to do so. Because Lowe's is a renowned and significant participant in the market, other shops may look up to them and adopt their strategies.
Therefore, such a type of power is called Referent Power.
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Firms that pay for protecting electronic records and networks cannot reap the full benefit of their investments because there are
Firms that pay for protecting electronic records and networks cannot reap the full benefit of their investments because there are inherent limitations and challenges in maintaining comprehensive cybersecurity measures.
One such limitation is the ever-evolving nature of cybersecurity threats. Hackers and malicious actors continually develop new methods and techniques to breach security systems, making it challenging for firms to stay ahead and fully protect their electronic records and networks. This dynamic environment requires constant monitoring, updating, and adapting of security measures, which can be resource-intensive and costly.
Another challenge is the human factor. Despite investing in robust cybersecurity technologies and systems, the effectiveness of these measures can be undermined by human error or negligence. Employees may inadvertently click on phishing emails or fail to follow security protocols, inadvertently creating vulnerabilities in the system.
Additionally, the interconnectedness of modern business environments introduces risks beyond a firm's direct control. Third-party vendors, suppliers, or partners may have weaker security measures, making them potential entry points for cyberattacks that can indirectly affect the firm's electronic records and networks.
Moreover, even with the best security measures in place, it is impossible to achieve 100% protection against all cyber threats. Sophisticated attackers can find new vulnerabilities or exploit unknown weaknesses, leaving firms susceptible to potential breaches.
Therefore, while firms invest in protecting electronic records and networks, they may not fully realize the benefits due to the complex and ever-changing nature of cybersecurity threats, the human element, interconnectedness with third parties, and the possibility of unknown vulnerabilities. Nonetheless, investing in cybersecurity remains crucial to mitigate risks and minimize potential damages from cyber incidents.
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A corporation distributes a 10 percent common stock dividend on 30,000 shares issued when the market value of it's common stock is $24 per share and its par value is $2 per share. On the distribution date, a credit _ would be journalized
Answer:6,000
Explanation:
I just took the test
If an application asks you to indicate a salary range, you should _____.
write the lowest salary you would agree to
write your dream salary
leave it blank
write "open" or "negotiable"
Answer:
D
Explanation:
Answer:
Write open or negotiable.
Explanation:
When a salesperson asks a customer to prepare a note or letter of introduction that can be delivered to
the potential customer, this person is using which prospecting method?
a. referral
b. networking
c. cold canvass
d. agenda
When a salesperson asks a customer to prepare a note or letter of introduction that can be delivered to the potential customer, this person is using referral prospecting method.
When a salesperson asks a customer to prepare a note or letter of introduction that can be delivered to a potential customer, they are utilizing the prospecting method known as a referral. Referrals involve leveraging existing relationships or connections to gain introductions or recommendations to potential customers.
In this scenario, the salesperson is relying on the customer to provide a letter or note of introduction that can be used to establish credibility and initiate contact with the potential customer. By using the customer's referral, the salesperson can leverage the existing relationship and increase the chances of making a successful connection with the potential customer.
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Using a loan could help with the purchase of which of the
following?
Airline tickets to your dream vacation
A dream wedding
A house
A new television
Answer:
A house
Explanation:
Answer:
A house
Explanation:
The following information is taken from the income statement of olympic, inc. : depreciation expense $ 90,000 amortization expense 15,000 loss on sale of equipment 9,000 gain on sale of building 27,000 net income 315,000 based on this information, what is the amount of net cash flow provided by operating activities?.
Based on the given information, the amount of net cash flows provided by operaitng activities is $420,000.
Cash flows statement is a financial statement that represents the movement of cash and cash equivalent within a company. Cash flows statement measures how well a company manages its cash position and records any entry and exit of cash and cash equivalen in a company. Cash flows statement is consisted of 3 main part:
Cash flows from Operating activitiesCash flows from investing activitiesCash flows from financing activitiesBased on the data givn, we know that adjustment on the cash flows from operating activites only include:
Net incomeDepreciation expenseAmortiation exenseBoth sale of equipment and sale of building (property asset) are parts of investing activities.
Hence, the net cash flow provided by operating activities is:
Net income $315,000
Depreciation expense 90,000
Amrtization expense 15,000
The net cash flow from operating activities $420,000
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Kristoffer needs to create cell names that match the column headings he has already created. Select the correct navigational path to set those names using the Create from Selection command. Click on the tab on the ribbon and look in the Defined Names gallery.
Answer:
formula
create from selection
top row
Explanation:
just took the question on edge
The correct navigational path to create cell names that match the column heading using the Create from Selection command is: Click on the Formula tab on the ribbon and look in the Defined Names gallery. Select the range of cells, including the row that includes the name you wish to use. Select Create from Selection. Select Top row and click OK.
What is a cell?Cells are the boxes that appear in an Excel worksheet's grid. On a worksheet, each cell is identified by its reference, the column letter and row number that intersect at the cell's location.
Instead of creating cell names one by one, "Create from Selection" tool can be used to create cell names from a selection. The tool is in the "Defined Names" group of the Formulas menu.
Therefore, the correct path for using the Create from Selection command is first to click on Formula tab and look in the Defined Names gallery. Then select the range of cells, including the row that includes the name wish to use. Select Create from Selection. Select Top row and click OK.
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Bono Company reported sales of $900,000 cost of goods sold of
$600,000 and a gross profit of $300,000 for the year. Bono's
beginning inventory was $120,000; the ending inventory at December
31, was $1
Bono Company reported sales of $900,000, cost of goods sold of $600,000, and a gross profit of $300,000 for the year. The beginning inventory was $120,000, and the ending inventory at December 31 was $1. This information indicates a potential inventory discrepancy or error in Bono Company's financial records.
The gross profit can be calculated by subtracting the cost of goods sold from the sales revenue. In this case, the gross profit is $300,000 ($900,000 - $600,000). Gross profit represents the amount of money left after accounting for the direct costs associated with producing goods or providing services.
However, the reported ending inventory of $1 raises a red flag. The ending inventory is the value of unsold goods at the end of the accounting period, and it should not be an extremely low or nominal amount like $1. This suggests a potential error or oversight in Bono Company's financial records.
To further investigate the issue, it's crucial to determine the cause of the discrepancy in inventory. It is possible that there were errors in recording or tracking inventory throughout the year, resulting in an inaccurate ending inventory value. Additionally, other factors such as theft, damage, or misplacement of inventory could contribute to such an anomalous ending inventory value.
To address this issue, Bono Company should thoroughly review its inventory management processes and conduct a physical inventory count to verify the actual quantity and value of the ending inventory. By reconciling the physical count with the financial records, Bono Company can identify and rectify any discrepancies, ensuring the accuracy of its financial statements.
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fill in the blank. Holt Computer Services received $200 from a customer that it had billed earlier in the month. Illustrate how to record the transaction to the T-accounts by completing the following sentences.
Accounts receivable would be ________(debited/credited) on the _____________(left/right) side of the T-account, and Cash would be ___________(debited/credited) on the __________(left/right) side of the T-account.
Accounts receivable would be credited on the right side of the T-account, and Cash would be debited on the left side of the T-account.
Cash would be deducted from the T-left account's side, while Accounts Receivable would be credited to the right side. This is because when a company receives payment from a customer, the company's accounts receivable account is decreased (credited) and the company's cash account is increased (debited).
The T-account is a visual representation of a company's accounts, with the left side representing debits and the right side representing credits. Therefore, the transaction would be recorded as a credit to accounts receivable on the right side of the T-account and a debit to cash on the left side of the T-account.
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for each separate case, record the necessary adjusting entry. on july 1, lopez company paid $2,500 for six months of insurance coverage. no adjustments have been made to the prepaid insurance account, and it is now december 31. zim company has a supplies account balance of $7,600 at the beginning of the year. during the year, it purchases $3,300 of supplies. as of december 31, a physical count of supplies shows $1,450 of supplies available. prepare the year-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the supplies account and the supplies expense account as of december 31.
Debit Insurance expense and credit Prepaid insurance by 2500, Debit Supplies expense and credit supplies by 9,450.
The entry will be as follows:
Journal Debit Credit
a. Insurance expense 2,500
Prepaid insurance 2,500
( To record insurance expense)
b. Supplies expense 9,450
Supplies 9,450
( To record supplies expense)
Working notes:
Supplies beginning = $7,600
Supplies purchased = $3,300
Supplies, ending = $1,450
Supplies expense = Supplies, beginning + Supplies purchased - Supplies, ending
= 7,600+3,300-1,450
= $9,450
A company's insurance expense includes the cost of the insurance contract as well as any additional premium payments. The company's payment is recorded as an expense for the given accounting period.
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How is a game designer different from a writer?
Answer:game desighners are mostly online
Explanation:
When is it appropriate to use a nontraditional résumé?
Answer: Nontraditional resumes are ideal for job seekers in particularly creative industries, such as marketing and design. More specifically, online resumes are helpful for applicants who want to post films, sound clips, photographs, or other pieces of work related to their industry.
Explanation:
Who are the majority of businesses in resort towns targeted to?
O
seniors
O
tourists
O
employees
investors
The majority of businesses in resort towns target tourists.
Who is the luxury hotel industry's target customer?As you can see, a wide range of people from across all walks of life who are prepared to pay a little extra for the luxury hotel experience makes up the target audience for luxury hotels.
What advantages come from forming and focusing on prospect groups?Overall, specialization is the main advantage of identifying and pursuing niche markets. Finding more wealthy guests who will gush about your hotel will be easier if you can be more precise with your market segmentation.
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an example of a personal skill is
Answer:
Well, Personal skills refer to the inner abilities. Examples of personal skills include the ability to communicate with others, Leadership skills, or Management skills.
which is used to determine whether the agency has met the percent reduction it set out at goal development?
To determine whether an agency has met the percent reduction it set out at goal development, performance metrics and monitoring systems are typically used. These metrics are designed to track progress and assess the agency's performance in relation to its goals.
The specific metric or metrics used will depend on the nature of the goal. For example, if the goal is related to reducing carbon emissions, the agency might track the total amount of emissions before and after implementation of measures, using data from reliable sources such as environmental monitoring stations or industry reports.
Other goals may require different metrics, such as tracking the number of individuals served, cost savings achieved, or customer satisfaction ratings. The agency sets benchmarks and targets during goal development, and the performance metrics are used to measure progress against these targets.
Regular monitoring and reporting allow the agency to evaluate its performance, make adjustments as needed, and determine whether the set percent reduction has been achieved.
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Price skimming works best for which type of product?
A. Products that haven't been advertised much
B. Inexpensive products with many competitors
C. Products with elastic demand
D. High-end products with unique features
Please select the best answer from the choices provided
Ο Α
ОВ
Next
Mark this and return
Save and Exit
Submit
Answer:
d. high-end products with unique features
Explanation:
did the test and got it right on edg2021
what objects are necessary for the formation of shadows ?
Answer:
The following three things are required for a shadow to form:
a source of light.
an opaque object.
a screen or surface behind the object.
An employee works for a Pennsylvania-based company. The employee lives in Delaware and drives each day to an office in New Jersey where she works eight hours each day five days a week; she drives back home to Delaware at the end of each workday. Work efforts are directed from a call center in Virginia. Which state has jurisdiction for unemployment tax and compensation purposes? Select one: a. Delaware b. Pennsylvania c. Virginia d. New Jersey
In this scenario, the state that has jurisdiction for unemployment tax and compensation purposes in New Jersey.
Jurisdiction is the authority of a state or other entity to govern a certain territory. In this question, the employee works for a Pennsylvania-based company. However, she lives in Delaware and works in New Jersey. So, it is a multi-state employment situation. Each state has its own rules for unemployment tax and compensation purposes. To identify the jurisdiction for unemployment tax and compensation purposes, the following factors must be considered:- The state where the employee works- The state where the employee resides- The state where the employer is based- The place where the work is directed from this case, the employee lives in Delaware, works in New Jersey, and her employer is based in Pennsylvania. Therefore, Pennsylvania, Delaware, and New Jersey are all possible states of jurisdiction. However, according to state laws, the state of jurisdiction is the state where the employee is working.
So, in this scenario, New Jersey is the state with jurisdiction for unemployment tax and compensation purposes.
So option D is correct.
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The simulation game compares Push vs. Pull Production processes in a computer manufacturing setting to see how different configurations affect. Mark the correct answer.
a. Finished goods inventory cost, work-in-process inventory cost, capacity utilization and stockouts
b. Finished goods inventory cost, work-in-process inventory cost, capacity utilization
c. Finished goods inventory cost, work-in-process inventory cost, and stockouts
The simulation game compares Push vs. Pull Production processes in a computer manufacturing setting to see how different configurations affect finished goods inventory cost, work-in-process inventory cost, capacity utilization, and stockouts.Why is the simulation game significant?The simulation game is important because it helps to demonstrate and contrast push and pull systems in a manufacturing environment.
By simulating how various configurations of a manufacturing system affect production output, work-in-process inventory, finished goods inventory, and stockouts, it enables manufacturers to make more informed decisions about how to optimize their operations.
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