When auditing group financial statements where the group auditor decides to assume responsibility for the work of all component auditors, which of the following paragraphs are adjusted?-Report on the Consolidated Financial Statement paragraph (intro)-Auditor's Responsibility Paragraph-Opinion ParagraphA. No, No, YesB. Yes, Yes, YesC. No, No, NoD. No, Yes, No
Answers
Either an opinion is made on the financial accounts, when regarded as a whole, in the auditor's report, or it is stated that an opinion cannot be expressed.
This standard specifies what must be included in the auditor's written report (the "auditor's unqualified report") when the auditor provides an unqualified opinion regarding the financial statements. When the auditor conducted an audit in accordance with PCAOB standards and determines that the financial statements, when taken as a whole, are presented fairly, in all material respects, and in compliance with the relevant financial reporting framework, they are in a position to give an unqualified opinion on the financial statements.
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Related Questions
Is it safe to buy scented candles from online sties?
Answers
Answer:
Yes, its safe
Explanation:
Generally speaking, it is very safe to buy candles on regular e-commerce platforms or brand independent websites.Buy scented candles online and you'll see more products, more details, and more comparisons.At the same time, online candle shop prices are more appropriate, for buyers are also guaranteed.For example, I highly recommend a candle shop: Home Lights Candles!
Listed below are selected transactions of Schultz Department Store for the current year ending December 31.
1. On December 5, the store received a deposit from the Selig Players to be returned after certain furniture to be used in stage production was returned on January 15. $ 500
2. During December, cash sales were received, which include the 5% sales tax that must be remitted to the state by the fifteenth day of the following month. $ 798,000
3. On December 10, the store purchased for cash three delivery trucks. The trucks were purchased in a state that applies a 5% sales tax. $ 120,000
4. The store sold 25 gift cards for $100 per card. At year-end, 20 of the gift
cards are redeemed. Schultz expects three of the cards to expire unused.
Number of gift cards sold 25
Value of each gift card $ 100
Number of cards unredeemed at year-end 20
Number of cards expected to expire unused 3
Instructions
Prepare all the journal entries necessary to record the transactions noted above as they occurred and any adjusting entries relative to the transactions that would be required to present fair financial statements at December 31. Date each entry. For simplicity, assume that adjusting entries are recorded only once a year on December 31.
NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a cell), into the yellow shaded input cells.
Debit Credit
1. Dec.5
2. Dec. 1 - 31
3. Dec. 10
4. Dec. 31
Dec. 31
Answers
The journal entry of Department Store for the current year ending December 31 is given below:
What are journal entries?Journal entries are the entries made to document the transactions carried out by the company. The books of accounts have a record of every dollar that comes in and goes out. The transactions that are documented are in the book of accounts and are examined and audited for surplus payments or deficits, which are the most frequent errors to be discovered over recording, after they have been made. Below are the diary entries related to the context that are attached.
Date Particular Amount (Dr) Amount(Cr)
1 Dec 2005 cash 500 500 2 Dec 31 cash 798,000
Sales 760,000
Sales Taxes Payable 38,000
(Being sales recorded)
3. Dec 10 Delivery Truck 126,000
cash 126,000 4. Dec 31 cash 126000
Sales 2500
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-True-False 18. All types of extinguisher can use in any kinds of fire. - True False
Answers
All types of extinguisher can use in any kinds of fire.
FalseAll types of extinguishers cannot be used in any kind of fire. Let's understand this statement with an example...
Example:- Suppose that a fire has taken place due to some electrical issues. This kind of fire cannot be extinguished by water because water is a good conductor of electricity...~What do franchisees typically have to pay to the franchisor?
a. One-time franchise fee
b. Nominal fee for business knowledge
O c. Monthly royalties based on sales
d. One-time franchise fee and monthly royalties based on sales
O e. Approximately half of the franchise's profits each month
Answers
Answer:
E because I looked it up
Explanation:
e
Approximately half of the franchise's profits each month the franchisees typically have to pay to the franchisor. Thus, option E is appropriate.
An alliance between a franchisor with a franchisee is known as a franchise. The original company is the franchisor. It promises to sell a license for its name and idea. The franchisee invests in the right to promote and advertise the franchisor's products and services using an established brand business strategy.
If you purchase a franchise either an investor or a franchise, you can operate a business. You receive a format originator system created by the business (franchisor), a license to use its name for a predetermined period, and help in exchange for paying a franchise fee.
Thus, option E is correct.
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A bond with a face value of $340,000 and a quoted price of 90 has a selling price of A. $377,778 B. $340,090 C. $306,000 D. $340,000
Answers
Answer:
Try C.
Explanation:
(I'm so sorry if it's wrong)
management involves:
planning
Leadership
organizing
all of the above
controlling
Answers
I believe its all of the above
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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A company has a before-tax cost of common equity of 14%, a pre-tax cost of debt of 6%, a cost of preferred equity of 8%, and a marginal tax rate of 34%. The current market value of the company is $150 million, with $75 million common equity, $50 million debt, and $25 million preferred equity. What is this company's weighted average cost of capital?
Answers
Cost of equity =0.14
Proportion of equity = 75/150 = 3/6
Cost of preferred stock = 0.08
Proportion of preferred stock = 25/150 = 1/6
Cost of debt = 0.06
Tax rate = 0.34
Proportion of debt = 50/150 = 2/6
Weighted average cost of capital =[0.14*3/6]+[0.08*1/6]+[0.06 (1-0.34)*2/6]
Weighted average cost of capital = 0.07+0.013+0.0128 = 0.0958 = 9.58%
Strong leaders create a balance in giving ________ to employees while providing the ________ needed to build skills. autonomy; mentoring time off; finances structure; finances autonomy; structure
Answers
To be strong as a leader is very essential as it is a factor that can boast the growth of an organization. Strong leaders create a balance in giving autonomy to employees while providing the mentoring needed to build skills.
A strong leader is known as a kind of leader in an organizational setting that do encourage, inspire and push his or her team to give their best work.Strong leadership often links a team together via a common purpose and thereafter they builds relationships in the workplace so that there will be efficient communication, more creativity and great skills.
Management of an organization deals with persuading people to do an activity they normally do not want to do, while leadership is about helping people to do things they never thought that they could be able to do.
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Where the goth girl at???
Answers
Answer:
im batman
Explanation:
Answer:
RAWR
Explanation:
mployers are now developing and implementing social media policies. Meaning employees can be fired for posting about the company on their own personal accounts on social media. There have been several accounts where something on social media resulted in a person being fired from their job. Please discuss the use of social media and how employers respond to employee's use
Answers
Answer:
Employers are now developing and implementing social media policies. Meaning employees can be fired for posting about the company on their own personal accounts on social media.
There have been several accounts where something on social media resulted in a person being fired from their job.
Please discuss the use of social media and how employers respond to employee's use...or also how employers might use social media to monitor employees, or how social media has spot - lighted behavior of individuals and how employers responded...Or any other response that is related the broad topic.
According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
Answers
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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A set of procedures and approvals for verifying, approving and recording liabilities for eventual cash payment, and for issuing checks for payment only of verified, approved, and recorded liabilities is referred to as a(n):
Answers
Answer:
Voucher system.
Explanation:
voucher system can be regarded as methodused in authorizing when it comes to disbursement of cash. A voucher that will give identification of
amount, account number that is needed to pay on is been filled.
It should be noted that the A set of procedures and approvals for verifying, approving and recording liabilities for eventual cash payment, and for issuing checks for payment only of verified, approved, and recorded liabilities is referred to as Voucher system..
Econ Labs creates a new smartphone feature available only on Econ Lab phones. Focus groups and surveys show many may switch from their current phone to the Econ Lab new smartphone. Also, Econ Labs created a new manufacturing process that increases the number of phones which it can produce per hour by 20%.
Instructions:
Graph the change in the supply and demand curves. Show changes in price and quantity demand (increase, decrease, or indeterminate). Assume similar elasticities-slope steepness of supply and demand curves.
Answers
The graphical representation to display the cost of the new smartphones in the changing demand and supply curve would be a two upward and two downward curves intersecting each other.
The demand and supply are dependent on each other and it guides the price fluctuations of the commodity in the market. If the demand for a certain product increases, then its prices are bound to fall. The curve therefore has a intersection point which represented the equilibrium cost of the item. The parameters which influence the change demand are the prices of the product, income, preference and expectation of the customer. The X axis in the given graph shows the quantity and the Y axis represents the prices of them item.
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Look again at the websites you used to complete task 1:
state employment data
US economic data
GDP data
price deflator data
Which organizations compiled the data that you used?
help fast please
Answers
The organizations that compiled state employment data, US economic data, GDP data, and price deflator data are as follows:
The U.S. Bureau of Labor StatisticsThe U.S. TreasuryThe U.S. Department of Commerce.What are the data provided by each organization?1. The U.S. Bureau of Labor Statistics supplies data on state employment, productivity, working hours, etc.
2. The U.S. Treasury provides economic data, statistics, and charts on interest rates, economic trends, and the impact of fiscal policies.
3. The U.S. Department of Commerce provides data on GDP, price deflator, and the balance of payments.
Thus, various U.S. organizations provide employment, economic, and GDP data.
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Determine the total expenses based on the following data
assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000
Answers
From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.
To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.
Assets = $72,000
Owner's Equity = $70,000
Liabilities = $16,000
Using the accounting equation, we can calculate the total expenses by rearranging the equation:
Expenses = Assets - Liabilities - Owner's Equity
Expenses = $72,000 - $16,000 - $70,000
Expenses = $-14,000
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Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Answers
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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A project manager forgets to assess how national holidays and team member vacations will affect the project’s completion date. Now, because of team member time off, the project delivery will be two weeks late. What flexible planning strategy could the project manager have used to avoid the delay?
Answers
The flexible strategy is used to avoid the delay in assessing the external constraints.
The following information regarding accessing external constraints:
It could be thrust upon an organization.It permits for uncovering the things that are beyond the control.The example involved national holidays or sick leaves.If we accessing the external constraints so the delay could be avoided.
So, The other options seem incorrect
Therefore we can conclude that the flexible strategy is used to avoid the delay in assessing the external constraints.
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To reduce delays in considering external restrictions, a flexible technique is employed. The following details about external limitations are available:
It has the potential to be imposed on a company.It enables us to see what we can't see.National holidays and sick leave were used as examples.The delay may be minimized if we used external limitations.It concludes that the flexible technique is employed in order to prevent a delay in considering external limitations.Therefore, "Assessing external constraints" is correct.
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PLEASE HELP............
Answers
List three components of risk for a business
Answers
Answer: Three components of risk for a business are values, hazard, probability
Explanation: Each of these components is assessed independently. Then, the three outputs are evaluated in a final step that provides the relative risk for the fire. Each risk component is defined by three variables. One variable is located on the right and one on the left side of the box and the third variable is defined by three interior lines extending from top to bottom.
valuesValues are those ecological, social, and economic resources that could be lost or damaged because of a fire.
hazardsThe hazard in wildland fire is composed of the following:
Conditions under which the fire occurs and exists
The ability of the fire to spread and circulateThe intensity and severity of the fire may presentThe spatial extent of the fire.probabilityprobability refers to the likelihood of a fire becoming an active event with the potential to adversely affect values.
Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.
Answers
Answer: The answer is They have more tax liability.
Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.
Northlands is a developed country in Europe; inflation in Northlands has been 4% per annum for each of the
last 3 years. CC Coffee is based in Northlands
CC Coffee was established in the mid-1990s by an entrepreneur who believed that consumers were willing to
pay more for better quality coffee. Coffee drinkers were spending increasing amounts in coffee shops in order
to enjoy good quality coffee while shopping or while commuting to or from work. CC Coffee grew rapidly and
the company now has more than 800 coffee shops throughout Northlands.
CC Coffee was listed on the Nothlands stock exchange in 2005.
CC Coffee works closely with major coffee growers around the world. CC Coffee uses mainly Arabica coffee
beans which are more expensive than other kinds but are very popular with coffee drinkers worldwide. CC
Coffee believes strongly in ethical trading and all of its marketing emphaises fair trading and ethical treatment
of suppliers and staff; this approach has proved popular with employees, customers and investors
In January 2022 all staff received a pay rise of 3.5%
Throughout 2023 CC Coffee upgraded the interiors of each of its coffee shops.
The financial statements of CC Coffee Plc. are provided below:
Statement of Financial Position 2023 2022
As at 31 December £million £million
Non-current assets:
Property, plant and equipment 2,124 1,026
Current assets:
Inventory 304 306
Trade receivables 254 249
Bank 260 265
818 820
Total assets 2,051 1,846
Equity:
Share capital 50 50
Retained earnings 1406 1206
2942 1256
Non current liabilities
Loans 857 619
Current liabilities:
Trade payables 629 590
Total equity and liabilities 2,942 1,846
Statement of profit or loss 2022 2021
For the year ended 31 December £million £million
Revenue 3,050 2,800
Cost of sales (1,555) (1,519)
Gross profit 1,495 1,281
Distribution costs (280) (260)
Administrative and marketing costs (670) (660)
Operating profit 545 361
Finance costs (33) (28)
512 333
Tax (46) (67)
Profit for the year 466 266
The 4 directors of CC Coffee were delighted with the trading results for
2022 and have awarded themselves a bonus of £1 million each.
Required: Prepare a 400 word report to the Board of CC Coffee covering the following:
1. For CC Coffee, explain and calculate the following Ratios for 2023 and 2022: Gross
Profit Margin, Operating Profit Margin, Current ratio, Acid Test, Settlement Period
for Trade Receivables, Settlement Period for Trade Payables, Inventories Turnover
Period.
2. You have been approached by the staff representatives who are requesting a 5%
wage increase for 2023. From the calculations above and drawing on appropriate
HR/Business theory provide a business case for or against a 5% rise in wages and
salaries. Make your recommendation to the board.
Answers
Tο the CC Cοffee Bοard: Ratiο Evauatiοn, the grοss prοfit is divided by saes tο determine the grοss prοfit margin. After subtracting the cοst οf the prοducts sοd, it cacuates the pοrtiοn οf each pοund οf revenue that is sti avaiabe.
What wοud be the οperating prοfit margin?By dividing οperating prοfit by saes, οperatiοna prοfit margin is οbtained. It cacuates the pοrtiοn οf each pοund οf revenue that remains after a οperating cοsts have been paid. In 2023, CC Cοffee's οperating prοfit margin wi be 17.87% (545/3,050), up frοm 12.18% (361/2,800) in 2022. An imprοvement in cοmpany efficiency is indicated by the rising οperating prοfit margin.
Hοw is the current ratiο cacuated?Divide current assets by current iabiities tο get the current ratiο. It gauges a cοmpany's capacity tο pay οff its immediate οbigatiοns. In 2022, the CC Cοffee current ratiο was 1.39 (820/590); in 2023, it is 1.30 (818/629). Because οf the current ratiο's decine, it's pοssibe that the cοmpany may have sοme cash fοw prοbems.
What is the settement periοd οf trade receivabe & payabes?The settement periοd fοr trade receivabes is cacuated by dividing revenue by the cοst οf saes and mutipying the resut by 365. It measures the average number οf days that it takes fοr the business tο pay its οutstanding trade payabes. Fοr CC Cοffee in 2023, the settement periοd was 33 days, whie in 2022 it was 38 days. The decrease in the settement periοd suggests that the business is cοecting mοre quicky.
What is the turnοver periοd?The turnοver periοd is a financia ratiο that measures the average number οf days it takes fοr a cοmpany tο se its inventοry and cοnvert it intο saes revenue. A οwer turnοver periοd is generay better, as it indicates that a cοmpany is seing its inventοry faster and mοre efficienty. It is cacuated by dividing the average inventοry by the cοst οf gοοds sοd per day.
In 2023, CC Cοffee's grοss prοfit margin wi be 49.02% (1,495/3,050), up frοm 45.54% in 2022 (1,495/3,280). The imprοvement in the grοss prοfit margin is a sign that the cοmpany is becοming mοre prοfitabe.
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The October 31 bank statement of White's Healthcare has just arrived from Stat Bank. To prepare the bank reconciliation, you gather the following data:
a. The October 31 bank balance is $5,170.
b. The bank statement includes two charges for NSF checks from customers. One is for S420 (#1), and the other is for S120
c. The following White checks are outstanding at October 31:
Check No. Amount
237 $90
288 150
291 580
294 590
295 10
296 150
d. White collects from a few customers by EFT. The October bank statement lists a Sl,400 EFT deposit for a collection on account.
e. The bank statement includes two special deposits that White hasn't recorded yet: Sl,050, for dividend revenue, and $50, the interest revenue White earned on its bank balance during October.
f. The bank statement lists a S70 subtraction for the bank service charge.
g. On October 31, the White treasurer deposited S290, but this deposit does not appear on the bank statement.
h. The bank statement includes a S700 deduction for a check drawn by Multi-State Freight Company. White notified the bank of this bank error.
i. White's Cash account shows a balance of S2,700 on October 31.
Required:
1. Prepare the bank reconciliation for White's Healthcare at October 31, 2012.
2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry.
Answers
Answer:
Required 1 : Bank reconciliation
Bank Reconciliation Statement
Balance as per Bank Statement $5,170
Adjusted for error
Multi-State Freight Company $700
Balance as per adjusted Bank Statement $5,870
Add Lodgements not yet credited :
White treasurer`s deposit $290
Less Unpresented Cheques :
237 $90
288 $150
291 $580
294 $590
295 $10
296 $150 ($1,570)
Balance as per Cash Book $4,590
Required 2 : Journal entries
Journal 1.
Bank Service Charge $70 (debit)
Trade Receivables $540 (debit)
Bank $610 (credit)
Journal 2.
Bank $2,500 (debit)
Credit Transfer $ l,400 (credit)
Dividend Revenue $l,050 (credit)
Interest Revenue $50 (credit)
Explanation:
The first step to prepare a bank reconciliation is to update the cash book.
Cash Book (Bank Balances)
Debit :
Balance as per Cash Book $2,700
Credit Transfer $ l,400
Dividend Revenue $l,050
Interest Revenue $50
Totals $5,200
Credit :
Dishonored Cheques ($420 + $120) $540
Bank Service Charge $70
Adjusted Cash Book Balance $4,590
Totals $5,200
The Next step is to prepare a Bank Reconciliation Statement
Bank Reconciliation Statement
Balance as per Bank Statement $5,170
Adjusted for error
Multi-State Freight Company $700
Balance as per adjusted Bank Statement $5,870
Add Lodgements not yet credited :
White treasurer`s deposit $290
Less Unpresented Cheques :
237 $90
288 $150
291 $580
294 $590
295 $10
296 $150 ($1,570)
Balance as per Cash Book $4,590
Journal Entries to Correct the Cash Book :
Journal 1.
Bank Service Charge $70 (debit)
Trade Receivables $540 (debit)
Bank $610 (credit)
Journal 2.
Bank $2,500 (debit)
Credit Transfer $ l,400 (credit)
Dividend Revenue $l,050 (credit)
Interest Revenue $50 (credit)
(01.01 LC)
Which non-income factor for a potential job would influence a person who needs to be
available to drive children to and from school and activities?
Answers
Non-income factor for a potential job would influence a person-
It need to be noted that the non-earnings element that could affect capacity process in an effort to in turn potential job influence someone who needs to be to be had to power children to and from faculty and activities is Independence.
Non-income elements can be regarded as factors that has impact on man or woman careers as well as the way of life.
therefore, potential job for people that need to be force children to and from school and sports regular, desires independence.
potential job are able to conclude that he needs independence because he could have enough time to cater for the ones children.
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22. Which of the following is correct?
a. If the central bank purchases bonds in the open market, then the money supply
shifts right and there is more currency in circulation.
b. If the central bank sells bonds in the open market, then money supply shifts right
and there is less currency in circulation.
c.
If the central bank purchases bonds, then the money supply shifts right and there
is less currency in circulation.
d.
If the central bank purchases bonds, then the money supply shifts right and there
is no change in currency circulation.
Answers
. If the central bank purchases bonds in the open market, then the money supply shifts right and there is more currency in circulation.
Any open-market operation is when the central banking authority buys and sells government securities, occasionally also commercial paper, with the goal of continuously controlling the money supply and credit conditions.
In some cases, the central bank's lending policies collide with the goal of using open-market operations to stabilize the price of government assets.
When a central bank buys securities on the open market, three things happen:
(1) commercial banks' reserves rise, allowing them to increase loans and investments;
(2) the price of government securities rises, causing interest rates on those securities to fall; and
(3) interest rates fall generally, encouraging business investment.
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Isn't POWER the only real thing necessary in any negotiation? Explain why or why not.
Answers
Power is not necessary the only major bargaining point in any negotiation although it is one of the major factors that influence any negotiation.
While power increases the probability that people consider negotiating in the first place due to higher feelings of entitlement and confidence that a positive result can be achieved, it sometimes may not get the appropriate result. The Russian-Ukraine Crises is a perfect example of this
Factors that affect NegotiationSeveral factors may affect the outcome of a negotiation. One of the most important factor is the relative power between the negotiating parties.
Other factors include
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The right to make others do things is referred to as _________.
a.
Power
b.
Authority
c.
Compliance
d.
Vision
Answers
The right to make others do things is referred to as authority. The correct option is b.
In sociology as well as politics, authority is defined as a person's or group's legitimate power over other people. In the civil nation, authority is exercised through the judicial or executive branches of government.
In the context of governance, the conditions power and authority are not interchangeable. The term authority identifies the political legitimacy that grants and justifies the ruler's right to exercise government power; and the term power identifies the ability to accomplish an authorized goal, either through compliance or obedience; thus, authority is the power to make decisions as well as the legitimacy to render such legal decisions and order their execution. Thus, the right to make others do things is referred to as authority.
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for her current research project, Margaret Rogers wants to select a sample in which every member has a known and equal chance of selection. In other words, Margaret is looking for a ________. Group of answer choices simple random sample convenience sample stratified random sample judgment sample quota sample
Answers
Answer: Simple random sample
Explanation:
A simple random sample is when a subset of individuals are chosen from a larger set. Every individual is randomly chosen and they are chosen by chance, in such a way that the individuals has same probability of being chosen during the entire sampling process.
Since Margaret Rogers wants to select a sample whereby every member will have a known and equal chance of being selected for her research project, the sampling method to use is a simple random sampling.
Competitive markets generally give consumers and producers correct incentives when
Answers
A competitive market incentivizes its consumers and producers when the property rights are well-defined and enforced.
What is a competitive market?A competitive market is referred to as a condition wherein there are a large number of buyers and sellers in a market dealing in the buy and sell of a distinctive product.
Hence, option B holds true regarding a competitive market. The complete question has been attached as an image for better reference.
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Suppose that you are working as a financial analyst in Bank of America Merrill Lynch. Your boss have just asked to analyze three different money market instrument yields and to suggest investment advice to its rich clients. Which of following instruments is the most desirable to invest in ? A six month T-bill rate of 1.9 % A six moth Eurodollar deposit of 1.9% A six month CD rate of 1.9 %
Answers
Answer: A six month T-bill rate of 1.9 %
Explanation:
As all the instruments are similar in terms of maturity period and return rate, the most desirable will be in terms of the one with the lowest risk.
The United States T-bill is one of the safest instruments in the world as it is backed by the full faith of the United States Government which has technically never defaulted on debt. This is therefore the lowest instrument listed and is therefore the most desirable.