The treasurer of a corporation is responsible for managing the company's finances, including negotiating payment terms with suppliers. In this case, the treasurer is arranging an extension of the payment period to 30 days for the supplier's invoices.
This negotiation is an essential aspect of maintaining a healthy cash flow for the company, as it allows the corporation more time to generate revenue before making payments to the supplier.
By negotiating a 30-day payment term, the treasurer is essentially seeking to establish a better-working capital management strategy for the corporation. Working capital refers to the difference between a company's current assets and current liabilities.
A longer payment period for supplier invoices can improve the corporation's working capital position, providing more flexibility to allocate resources effectively and meet financial obligations.
Furthermore, the 30-day payment term enables the corporation to better align its cash inflows and outflows, reducing the likelihood of encountering cash flow problems.
This is especially important for businesses operating in industries with long production cycles or seasonal fluctuations in demand, as they may experience periods of reduced cash inflows.
In conclusion, by arranging a 30-day payment term with the supplier, the treasurer is proactively managing the corporation's financial stability and liquidity. This negotiation ensures a smoother cash flow, strengthens working capital management, and promotes a more sustainable financial position for the company in the long run.
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What Are Some Reasons To Have A Credit Card?
list ten different ways you will use your credit.
Answer:
1 Boost your credit history and score
2 Internet purchases
3 Emergency money
4 Rewards
5 History of purchases
6 No fear of loss or theft
7 Interest free money
8 Merchant protection
9 Insurance on purchases
10 Convenient when traveling
lean manufacturing refers to just-in-time production coupled with total quality control.
Lean manufacturing involves a comprehensive approach to optimizing processes, reducing waste, improving quality, and maximizing value throughout the entire production system.
Lean manufacturing refers to a systematic approach and set of principles aimed at maximizing efficiency and eliminating waste in manufacturing processes. While just-in-time (JIT) production and total quality control are often associated with lean manufacturing, lean principles encompass a broader range of concepts and practices.
Just-in-time production is a component of lean manufacturing that focuses on producing and delivering products at the right time, in the right quantity, and with minimal inventory. It aims to minimize inventory holding costs, reduce lead times, and increase responsiveness to customer demand.
Total quality control, or total quality management (TQM), is another component of lean manufacturing that emphasizes a culture of continuous improvement and achieving high-quality products or services. TQM involves various quality control techniques, employee involvement, and customer satisfaction focus.
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Criteria
Total
LIFO Calculation
1.5%
FIFO Calculation
1.5%
Average Cost Calculation
1.5%
Inventory Question
.5%
Total
5%
You work for Global Tracking Inc. a company that sells a real-time tracking bracelet that tracks patients and nurses in different healthcare environments using GPS technology. designed for individuals who wish to monitor others’ whereabouts. There has been an increase in demand for the product has spiked during the current fiscal period, while supply is limited, causing the selling price to escalate rapidly. Note: For simplicity of demonstration, beginning inventory cost is assumed to be $21 per unit for all cost assumption methods.
The following is a chart of the inventory purchases in the last year
Assume that 300 units were sold in the fiscal year. Calculate the Cost of Goods Sold for the fiscal year for Global Tracking Inc. under the LIFO, FIFO and Average Cost inventory valuation methods. If the company wants to have a higher balance in the Inventory Account on the Balance Sheet which method should it use?
To calculate the Cost of Goods Sold (COGS) for the fiscal year under the LIFO, FIFO, and Average Cost inventory valuation methods, we need to consider the inventory purchases and the number of units sold.
Given:
Beginning inventory cost per unit: $21
Inventory purchases in the last year:
- Date 1: 200 units at $23 per unit
- Date 2: 400 units at $25 per unit
- Date 3: 500 units at $28 per unit
Number of units sold in the fiscal year: 300
1. LIFO Calculation:
Under the LIFO (Last-In, First-Out) method, the cost of the most recent inventory purchases is matched with the units sold first.
LIFO assumes that the most recent inventory is sold first, so the cost of the last purchase is used first.
COGS = Number of units sold * Cost of the most recent inventory purchase
COGS = 300 units * $28 per unit (the cost of the last purchase)
COGS = $8,400
2. FIFO Calculation:
Under the FIFO (First-In, First-Out) method, the cost of the earliest inventory purchases is matched with the units sold first.
FIFO assumes that the earliest inventory is sold first, so the cost of the first purchase is used first.
COGS = Number of units sold * Cost of the first inventory purchase
COGS = 300 units * $23 per unit (the cost of the first purchase)
COGS = $6,900
3. Average Cost Calculation:
Under the Average Cost method, the cost of all inventory purchases is averaged and used to determine the cost per unit.
Total cost of inventory purchases = (200 units * $23 per unit) + (400 units * $25 per unit) + (500 units * $28 per unit)
Total cost of inventory purchases = $4,600 + $10,000 + $14,000
Total cost of inventory purchases = $28,600
Average cost per unit = Total cost of inventory purchases / Total number of units purchased
Average cost per unit = $28,600 / (200 units + 400 units + 500 units)
Average cost per unit = $28,600 / 1,100 units
Average cost per unit ≈ $26
COGS = Number of units sold * Average cost per unit
COGS = 300 units * $26 per unit
COGS = $7,800
If the company wants to have a higher balance in the Inventory Account on the Balance Sheet, it should use the LIFO method. LIFO assumes that the most recent inventory is sold first, which means the older inventory remains in the inventory account at the lower cost, thereby keeping the value of the remaining inventory higher on the balance sheet.
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you have just made your first $5,000 contribution to your individual retirement account. assume you earn a 10.2 percent rate of return and make no additional contributions.
When you make a $5,000 contribution to your individual retirement account (IRA) and assume a 10.2% rate of return with no additional contributions, your retirement account will have grown to approximately $33,456.96 after 20 years.
The value of your account will grow over time due to the power of compound interest. Compound interest is the interest earned on both the initial principal and any accumulated interest from previous periods. To calculate the future value of your retirement account, you can use the formula:
Future Value = Present Value * (1 + Rate of Return)^Number of Years
In this case, the Present Value is your initial $5,000 contribution, the Rate of Return is 10.2% (or 0.102 as a decimal), and the Number of Years will vary depending on how long you plan to let your investment grow.
For example, if you want to see the value of your account after 20 years, the calculation would be:
Future Value = $5,000 * (1 + 0.102)^20
Future Value ≈ $33,456.96
This means that after 20 years, your retirement account will have grown to approximately $33,456.96 with a 10.2% rate of return and no additional contributions. Keep in mind that the actual value of your account may vary due to fluctuations in the rate of return or changes in investment options. It's important to monitor your retirement account regularly and adjust your investment strategy as needed to meet your financial goals.
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what dollar amount of loans have lending tree and prosper (p2p) disbursed so far?
The dollar amount of loans, lending tree, and prosper (p2p) has done in disbursement so far is 3.4 trillion dollars
What is a lending tree?Generally, LendingTree is a digital marketplace for loans with its headquarters in Charlotte, North Carolina.
The commercial platform gives prospective borrowers the ability to connect with multiple loan operators in order to locate the most advantageous terms for various types of loans, credit cards, deposit accounts, and insurance policies.
In conclusion, They have provided loans for a total of 3.4 quadrillion dollars up to this point. They have provided loans for a total of 3,4 trillion dollars up to this point.
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Recount the methods used to assign costs to inventory and cost of goods sold under both a perpetual and a periodic system.
A. First-in, last-out
B. Specific identification
C. First-in, first-out
D. Last-in, first-out
E. Last-in, last-out
F. Weighted average
Answer:
Explanation:
Perpetual inventory system is an inventory management system that records the real time transaction of inventory through a continuous tracking of movement by technology .
In periodic inventory system , inventory update are made on a periodic basis , and as such is less efficient when compared to the perpetual method.
The four known methods of inventory valuation are weighted average , First -in-first-out , Last -in - first-out , weighted average and the specific identification method
Answer: weighted average, specific identification, first in first out, last in first out
Explanation:
Explain the concept of an opportunity cost with an appropriate example
Answer:
Explanation:
Opportunity cost is an economics tool that is useful in the process of making a choice of goods and services in order to ensure that scarce resources are used efficiently.
The opportunity cost of a product or service is the name given to an income that could be earned when such product or service is put to an alternative use.
It can also be described as the cost of the alternative forgone to achieve a particular product or service
For an example , if a student decides to give up on watching a movie to study for his exam , the opportunity cost of the exam is the cost and pleasure related to the movie
In which market would a producer sell bicycles to consumers?
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Janice is spending the summer working as an intern writing copy for a local firm. Today Janice's senior editor sent back some of Janice's work covered in red ink corrections. Up until now, all of Janice's work had been corrected in green or blue ink. Janice is upset and worried that her senior editor doesn't like her. Which component of an attitude is not represented in the previous scenario
Answer:
The answer is "the behavioral component".
Explanation:
Janice is not acting on this instance. Thus, the behavioral component of an attitude is not shown. Janice doesn't like her junior publisher, believes. This review demonstrates the cognitive framework of an attitude. Janice's upset. Jessica is upset. In her work, jane reacted badly to the red ink which depicts the emotional component of an opinion. Whereas a position could be correct or incorrect, these elements of a situation as defined in the OB are not addressed.
Key characteristics of a ________ are an innovative culture and knowledge-based organizational capability.
A) developed nation
B) born global firm
C) homogeneous company
D) globally diverse firm
A) developed nation, is the correct option. Developed nations are characterized by an innovative culture and knowledge-based organizational capability.
Developed nations typically have advanced economies, infrastructure, and institutions that foster innovation and knowledge creation. They prioritize research and development, invest in education and technology, and have a strong emphasis on intellectual property protection.
These nations often have a well-educated workforce and a culture that values creativity, critical thinking, and entrepreneurship. Knowledge-based organizational capability refers to the ability of companies within a nation to leverage knowledge, both internally and externally, to drive innovation, make informed decisions, and adapt to changing market conditions.
This capability is built upon a foundation of knowledge sharing, collaboration, continuous learning, and the effective use of information and technology within the organization.
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What is one major effect of specialization on an economy?
O A. Self-sufficiency becomes more important as many businesses
shut down.
B. Opportunity costs for trade rise as businesses are slow to change.
C. Labor becomes more divided as workers focus on certain skills.
D. Voluntary exchange declines as fewer countries can trade
internationally.
Answer: It’s C
Explanation: read it before you check it because the order might be different in different test.
The one major effect of specialization on an economy is that the Labor becomes more divided as workers concentrate on definite skills.
What is specialization in an economy?Specialization is a manufacturing method in which an organization concentrates on producing a narrow range of products in order to increase efficiency.
Specialization has one cardinal determinant on an economy, that the labor becomes more and more divided as workers focus on specific abilities.
Therefore, option C is correct.
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A company decides to establish an EOQ for an item. The annual demand is 100,000 units. The ordering costs are $50 per order, and inventory-carrying costs are $4 per unit Calculate the following: per year.
(a). The EOQ in units.
(b). Number of orders per year.
(c). Annual ordering cost, annual holding cost, and annual total cost
Given: Annual demand (D) = 100,000 units Ordering cost (S) = $50 per order Inventory-carrying cost (H) = $4 per unit Direct answer(a). The EOQ in units is given by the formula as, EOQ = `sqrt(2DS/H)`Substituting the given values, EOQ = `sqrt(2*100000*50/4)` = 5000 units. Therefore, the EOQ is 5000 units.
(b). The number of orders per year is given by the formula as, Number of orders = `D/EOQ `Substituting the given values, Number of orders = 100,000/5000 = 20 orders. Therefore, the number of orders per year is 20 orders.
(c). The annual ordering cost is given by the formula as, Annual ordering cost = `S*D/EOQ` Substituting the given values, Annual ordering cost = 50*100000/5000 = $1000. Therefore, the annual ordering cost is $1000.The annual holding cost is given by the formula as, Annual holding cost = `(H*EOQ)/2`Substituting the given values, Annual holding cost = (4*5000)/2 = $10000. Therefore, the annual holding cost is $10000.The annual total cost is given by the formula as, Annual total cost = `S*D/EOQ` + `(H*EOQ)/2`Substituting the given values, Annual total cost = 1000 + 10000 = $11000. Therefore, the annual total cost is $11000.
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Your credit card company charges you 1.44 percent per month. What is the EAR on your credit card? A. 18.72% B. 18.00% C. 17.28% D. 16.42% E. 19.65%
To calculate the Effective Annual Rate (EAR) on your credit card, we need to consider the compounding period. Since the credit card charges you 1.44 percent per month, the compounding period is monthly.
We can use the formula for calculating the EAR:
EAR = (1 + r/n)^n - 1
Where:
r = nominal interest rate per period (1.44% in this case)
n = number of compounding periods per year (12 in this case)
Plugging in the values, we get:
EAR = (1 + 0.0144/12)^12 - 1
EAR = (1 + 0.0012)^12 - 1
EAR = 1.0012^12 - 1
EAR = 1.0144 - 1
EAR = 0.0144 or 1.44%
So, the EAR on your credit card is 1.44%. Therefore, the correct answer is A. 18.72%.
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Scott and Laura are married and file a joint tax return. Laura owns a sole proprietorship (not a "specified services" business) that incurs qualified business income of $300,000. The proprietorship pays W–2 wages of $40,000 and holds property with an unadjusted basis of $10,000. Scott is employed by a local school district. Their taxable income before the QBI deduction is $381,400 (this is also their modified taxable income What is their tentative QBI based on the W-2 Wages/Capital Investment Limit? 20,000 Determine their allowable QBI deduction. 75,000 X
Solution :
QBI 300000 W-2 wages 40000
Taxable 3814000 QBP 10000
income
W-2 limit
Phase greater of
out MFJ
Start 315000 50% of W-2 20000
Finish 415000 or 25% of W-2 10250
+ 2.5% of QBP
Selected 20000 Being higher As part 1
Taxable income above phase out
\($\frac{381,400-315000}{100000}$\) 66%
Now applying gross deduction and phase out
Gross deduction Being 20% of QBI = 66000
Less : wage limit of QBI - 20000
Phase out % x 66%
Phase out amount 30,360
Final deduction = gross deduction- phase out amount
= 66,000 - 30,360
= 35,640
When a user sends a reply to a message, what is the user sending
Answer:
the reply and the message history
Explanation:
try it
True or False: Interests are what you like to do, such as a hobby, or something you would like to learn about.
Answer:
True
Explanation:
There is no explanation
________ is maximized in a competitive market when marginal benefit equals marginal cost. A. Deadweight loss B. Marginal profit C. Economic surplus D. Selling price
Economic surplus is maximized in a competitive market when marginal benefit equals marginal cost.
What is Economic surplus?
The gains from a financial transaction are referred to as the economic surplus. Gains may benefit either a consumer or a producer. As a result, it is an accumulation of both consumer surplus and producer surplus. In a business deal, producers frequently make a big profit. But the consumer ultimately pays more as a result of this. Contrarily, there are instances where customers score a great deal and wind up saving sizable cash. But once more, in such deals, the manufacturers report lower earnings. Yet, there is often a balance in real-world situations, with neither the manufacturer nor the customer having a significant advantage. Instead, both parties profit significantly from the deal.
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Write a 250- to 300-word response to the following:
Strategic thinking is often absent or at least significantly lacking in organizational leaders. What are the key elements of a strategic thinker and how are these important to be an effective leader?
Include your own experience as well as two citations that align with or contradict your comments as sourced from peer-reviewed academic journals, industry publications, books, and/or other sources. Cite your sources using APA formatting.
If you found contradicting information to what your experience tells you, explain why you agree or disagree with the research.
Strategic thinking is essential for effective leadership, yet it is often lacking in organizational leaders. Key elements of a strategic thinker include a holistic and future-oriented perspective, critical thinking skills, and problem-solving abilities. These elements are vital for leaders to make informed decisions aligned with long-term objectives, adapt to changes, and drive sustainable growth.
Based on my experience, strategic thinking is a fundamental aspect of effective leadership. Leaders who possess strategic thinking skills have a clear vision, communicate effectively, and inspire their teams to achieve ambitious goals. They demonstrate adaptability, guiding their organizations through uncertainty and driving continuous improvement. According to Rowe, Guerrero, and Reina (2015), strategic thinking positively influences leadership effectiveness. Their study emphasizes the importance of leaders being able to envision the future, analyze complex problems, and make strategic decisions based on critical thinking and analytical skills. On the other hand, Hodgkinson and Healey (2008) suggest that the impact of strategic thinking on leadership effectiveness may vary depending on contextual factors. They highlight the influence of external variables on the relationship between strategic thinking and leadership outcomes.
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Question 9 of 10
The tax is paid by employers to fund the federal government's
unemployment account.
OA. OASDI
OB. SUTA
O C. Medicare
O D. FUTA
The tax paid by employers to fund the federal government's unemployment account is the Federal Unemployment Tax Act (FUTA). Therefore, option (d) is correct.
The Federal Unemployment Tax Act (FUTA), in conjunction with state unemployment systems, provides for the payment of unemployment compensation to people who have lost their jobs.
FUTA pays a federal part of unemployment insurance (UI) and job service programme administration costs in every state. Furthermore, during periods of high unemployment, FUTA pays one-half of the cost of extended unemployment benefits. It also creates a fund from which states might borrow to pay benefits when necessary.
As a result, the significance of the tax is paid by employers to fund the federal government's unemployment account are the aforementioned. Therefore, option (d) is correct.
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between 2000 and 2002, the price of nasdaq stocks rose by nearly 80 percent. True or False.
The statement "Between 2000 and 2002, the price of NASDAQ stocks rose by nearly 80 percent" is False. In fact, during this time period, the stock prices experienced a significant decline, primarily due to the burst of the dot-com bubble.
The bubble burst in early 2000, causing a sharp decline in stock prices, particularly in the technology sector. As a result, the NASDAQ Composite Index, which is heavily weighted towards technology stocks, experienced a significant drop during this period.
In March 2000, the NASDAQ Composite Index reached its peak at more than 5,000 points. However, by October 2002, the index had plummeted to around 1,100 points, marking a decline of over 75 percent. This severe drop in stock prices led to the collapse of many technology companies and had a lasting impact on the global economy.
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What is the basis of the law of demand?
Group of answer choices
Self-interested behavior
Marginal utility
Utility curves
Market timing
market timing
Explanation:
because that way u wont miss customers
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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write any four method any two challenges of federal system?
\(\huge\bold\red{Answer:-}\)
✭The purpose of this collection is to discuss what we may learn from thinking about the EU in federal terms.
✭Our point of departure is that this represents a two-fold challenge.
✭It is on the one hand a matter of establishing ‘how federal’ the EU is (the EU’s federal challenge).
✭On the other, the EU has federal features but is not a state; thus raises the question of whether federal theory and practice may have to be adapted to take proper account of the EU (the EU’s challenge to federalism).
✭The contributions to this collection supplement and extend existing scholarship through focusing on two important lines of inquiry.
✮The first focuses on the relationship between federalism and democracy, with particular emphasis on how federal systems respond to and deal with citizens’ interests and concerns, within and outside the political system.
✮ Particular emphasis is placed on representation, in the process of federalization, and as a feature of established systems.
✮The second line of inquiry places the emphasis on the relationship among the governments of federal systems.
✭The focus is on intergovernmental relations, and the particular merits that emanate from studying these from a federal perspective.
HOPE IT HELPS❤Answer:
Constitutional provisions are used by political parties to hide the real issues of corruption, fraud etc.Central government and State Governments’ indifference and apathy towards constitutional scheme of federal structure.Tussles between the agencies of central government and those of state governments stress the cohesive functioning of centre and states.Gilmore, inc. , just paid a dividend of $2. 35 per share on its stock. The dividends are expected to grow at a constant rate of 4. 1 percent per year, indefinitely. If investors require a return of 10. 4 percent on this stock, what is the current price? what will the price be in three years? in 15 years?.
The dividends are anticipated to increase perpetually at a constant rate of 4.1% per year. If investors require a return of 10. 4 percent on this stock, the current price is 38.83.
What is investor?
An investor would be any person or even other entity (such as a business or mutual fund) who invests money in the hope of making a profit. Investors depend on a variety of financial instruments to generate a rate of return and achieve crucial financial goals like saving for retirement, paying for a child's education, or simply accumulating more wealth over time. Stocks, bonds, commodities, unit trust, exchange-traded funds (ETFs), alternatives, futures, foreign exchange, gold, gold, retirement plans, and real estate are just a few examples of the many investment vehicles available to achieve objectives. Investors are able to examine opportunities from a variety of perspectives, and they typically prefer to reduce risk while maximising returns.
Typically, investors use their capital to make either equity and debt investments in order to generate returns.
price today P0 = $2.35(1.041) / (.104 - .041) =38.83
3 years P3 = P3 = $38.83(1 + .041)^3 = 43.81
15 years P15 = P15 = $38.83(1 + .041)^15 = 70.95
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Select the qualification that is best demonstrated in each example. Clyde explains the equipment installation process to a customer. Meredith picks up a heavy stereo and puts it in place on a shelf. Brittney figures out what is wrong with a phone line that is not working.
Answer:
D, A, D
Explanation:
dad lol
Answer:
D
A
D
Explanation:
your welcome
How to identify and assess control risks of material misstatement associated with long-lived assets?
This preferred establishes requirements regarding the procedure of identifying and assessing the dangers of material misstatement of the money.
A material misstatement is statistics inside the financial statements that are satisfactorily incorrect that it can affect the monetary selections of someone relying on those statements.
Some misstatements aren't sizable by means of value however are cloth by using their nature. as an example, a mortgage advanced to a director of an organization, but small, is fabric because the users of economic statements will value such statistics for choice-making functions. Misstatements stand up from both fraud and blunders.
In identifying and assessing risks of material misstatement, the auditor needs to: pick out risks of misstatement through the use of facts obtained from acting danger evaluation procedures (as discussed in paragraphs and consider the characteristics of the bills and disclosures inside the economic statements.
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true or false the major source of new jobs in the united states is large corpoations that make products bought by millions.
False. Large corporations that make products bought by millions are not the major source of new jobs in the United States.
While large corporations certainly contribute to job creation in the United States, they are not the major source of new jobs. The majority of new job growth in the country is driven by small and medium-sized enterprises (SMEs) rather than large corporations.
SMEs are often characterized by their ability to adapt quickly to market demands, innovate, and create niche products or services.
Small businesses play a vital role in the U.S. economy, accounting for a significant portion of job creation. According to the U.S. Small Business Administration, small businesses have been responsible for creating the majority of net new jobs in recent years.
These small businesses span various industries, from technology startups to local service providers, and contribute to job growth at the local, regional, and national levels.
While large corporations do contribute to employment opportunities, it is important to recognize the significant role that small and medium-sized businesses play in job creation and economic development.
Their agility, innovation, and ability to respond to market demands make them a crucial source of new jobs in the United States.
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What are some of the skills that employers ranked as being most important for new hires to possess in four recent major surveys
Employers most frequently look for soft skills in communication. This involves effective listening skills as well as verbal and written communication.
What are the skills that employers look for from new hires?Practically every profession requires the ability to think critically. Employees must be able to evaluate data in any form, challenge presumptions, test hypotheses, observe, and make conclusions. In addition to being a talent, critical thinking may also become a habit that supports problem-solving. No of your position on the team—CEO or entry-level worker—good communication skills are always essential.
Decision making solving, team cohesion, professional behavior ethic, & oral/written communication are all crucial qualities, according to employers that responded to NACE's Job Outlook surveys.
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With respect to bad debts, what is the allowance method
Answer:
The allowance method refers to one of the two ways for reporting bad debts expenses that results from a company selling goods or services on credit. A business will set aside a certain amount of funds to cover bad debts—or money that probably won’t be repaid to them—and is typically calculated as a percentage based on company sales (in a previous sales period) and specific customer risk assessment.