Among the options provided, the conservative accounting practice is:
Ο The write-down of overvalued Inventory
Conservative accounting practices aim to err on the side of caution by understating rather than overstating assets and income. They prioritize prudence and reliability in financial reporting, ensuring that financial statements present a realistic and conservative view of the company's financial position. This approach helps protect investors and stakeholders from potential overstatements or misrepresentation of financial data.
The write-down of overvalued Inventory is an example of a conservative accounting practice. When the market value of inventory is lower than its recorded value on the balance sheet, a conservative approach calls for reducing the inventory value to reflect its lower market value. This write-down adjustment reflects a more conservative estimate of the inventory's net realizable value and prevents potential overstatement of assets and income.
The other options listed do not represent conservative accounting practices:
Ο The use of a longer service life for depreciation: This represents a more aggressive accounting practice, as it would result in lower depreciation expenses and potentially overstate the value of assets.
Ο Adjust the allowance for uncollectible accounts to a smaller amount: This represents a more aggressive practice, as it would underestimate the potential bad debts and overstate the collectibility of accounts receivable.
Ο Waiting to record a litigation loss: This represents a less conservative practice, as it delays the recognition of a potential liability and does not reflect the principle of conservatism, which requires recognizing losses when they are probable and reasonably estimable.
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Can someone please help me!
Answer:
The awnser is the Nature of Business
Answer:
nature of business that's
What are taco meat made out of my mom won’t tell me?
Answer:
beef
Explanation:
it depends on what type of taco meat but it's mostly beef
Is a Truck driving on the highway is one of the sixteen careers taught in Texas. Yes or No
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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I need help asapppppp!
In which market structure do firms exist in very large numbers, each firm produces an identical product, and ther eis freedom of entry and exit
In the market structure called perfect competition, firms exist in very large numbers, each firm produces an identical product, and there is freedom of entry and exit.
In perfect competition, there are many sellers or firms in the market, each producing the same product. This means that consumers have a wide range of choices and can easily switch between different firms. The products produced by each firm are identical in terms of quality, features, and price. This ensures that consumers have no preference for one firm's product over another, leading to intense competition among the firms.
In perfect competition, there is freedom of entry and exit. This means that new firms can enter the market if they believe they can compete and make a profit. Similarly, existing firms can exit the market if they find it unprofitable to continue operating. Due to the large number of firms and the identical nature of their products, no single firm has control over the market price. Each firm is a price taker, meaning they have to accept the prevailing market price set by the forces of supply and demand.
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the appropriate maintenance policy is developed by balancing preventive maintenance costs and breakdown maintenance costs. the problem is that infant mortality part 2 a. does not consider breakdown maintenance, which must be performed regardless of cost. b. does not consider preventive maintenance, which should be performed regardless of cost. c. is a high initial failure rate. d. detracts from preventive maintenance costs, which are very difficult to identify.
The appropriate maintenance policy is developed by balancing preventive maintenance costs and breakdown maintenance costs full breakdown costs are seldom considered.
Breakdown maintenance (also known as run-to-failure maintenance) occurs when a facility fails completely and repairs are required to resume operations. Outage maintenance is often the default maintenance strategy, especially in organizations that rely on reactive maintenance.
Incident maintenance is also known as run-to-failure maintenance. As the name suggests, maintenance tasks must be performed after an asset fails. Most commonly used when preventing failure is not possible or economically viable.
Breakdown maintenance is defined as a type of maintenance in which a machine is used until it fails completely and then is restored to normal function. This type of maintenance occurs, for example, when waiting for a machine to stop working before repairing it.
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80 points, Please help, no links.
Business #1 Information: Month - March
Business Name - ABC Rentals
Asset accounts and balances:
1. Cash $14,000
2. Party Equipment $26,000
3. Supplies $10000
Liability accounts and balances:
1. Accounts Payable - Party Zone $20,000
2. Accounts Payable - Party Town $14,000
Owner's Equity account and balance:
1. Emily Violante, Captial $16,000
Instructions: Complete the balance sheet for ABC Rentals by recording account titles and amounts to determine if the equation Total Assets = Total Liabilities + Owner's Equity is correct.
Business #2 Information:
Month - July
Business Name - XYZ Supplies
Asset accounts and balances:
1. Cash $12000
2. Supplies-Cleaning $14000
3. Supplies-Office $10000
Liability accounts and balances:
1. Accounts Payable - Supply Zone $15000
2. Accounts Payable - Office Zone $5000
Owner's Equity account and balance:
1. Zach DeFoe, Captial $16000
Instructions: Complete the balance sheet below for XYZ Supplies by recording account titles and amounts to determine if the equation Total Assets = Total Liabilities + Owner's Equity is correct.
For Business #1 ABC Rentals, the balance sheet would look like this:
ABC Rentals Balance Sheet As of March 31. Assets: Cash - $14,000,Party Equipment - $26,000, Supplies - $10,000
Total Assets - $50,000. Liabilities, Accounts Payable - Party Zone - $20,000, Accounts Payable - Party Town - $14,000
Total Liabilities - $34,000. Owner's Equity: Emily Violante, Capital - $16,000. Total Liabilities and Owner's Equity - $50,000. The equation Total Assets = Total Liabilities + Owner's Equity is correct, as the total assets of $50,000 equal the total liabilities and owner's equity of $50,000.
For Business #2 XYZ Supplies, the balance sheet would look like this: XYZ Supplies, Balance Sheet As of July 31
Assets: Cash - $12,000, Supplies-Cleaning - $14,000, Supplies-Office - $10,000, Total Assets - $36,000. Liabilities:
Accounts Payable - Supply Zone - $15,000, Accounts Payable - Office Zone - $5,000, Total Liabilities - $20,000
Owner's Equity: Zach DeFoe, Capital - $16,000. Total Liabilities and Owner's Equity - $36,000. The equation Total Assets = Total Liabilities + Owner's Equity is correct, as the total assets of $36,000 equal the total liabilities and owner's equity of $36,000.
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How do you short options on Investopedia simulator?
The Trading screen will appear as usual when you click the Trade Stock link. the following transactional details, as displayed: You can see that we want to short sell 100 Microsoft shares at the current market price.
What is an example of a transaction?
A transaction is a business event that has a monetary impact on a company's financial statements and is recorded as an entry in that company's accounting records. A high-volume transaction, such as a customer bill, may be entered in a specialised journal before being compiled and posted to the general ledger. On the other hand, lower volume transactions are sent straight to the general ledger.
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PLEASE SEND HELP ASAP
Planning for regional natural disasters at work is _______.
a.
good practice
b.
unnecessary
c.
too cautious
d.
unsafe
Please select the best answer from the choices provided
A
B
C
D
Answer:
A. good practice
Explanation:
planning for these disasters can help reduce damage,injuries,even death.
Answer:
A
Explanation:
Just in case something were to happen it would be good to know where to go and what to do. It can prevent deaths and injuries if the real thing were to happen.
What is the main goal of real estate investing?
Answer:
The big goal of real estate investing is to increase your cash, otherwise known as building capital.
A municipal bond dealer typically engages in all of the following activities EXCEPT: A distributing bona-fide quotes to interested parties B participating in syndicates bidding on new issues C shorting bond issues in expectation of missed interest payments D acting as an agent, buying and selling positions for customers
An activity which municipal bond dealer typically does NOT engage in is shorting bond issues in expectation of missed interest payments. The Option C is correct.
What are the typical activities of a municipal bond dealer?This bond dealer refers to professional who buys and sells municipal bonds on behalf of clients or for their own account who may engage in activities such as distributing bona-fide quotes to interested parties, participating in syndicates bidding on new issues and acting as an agent, buying and selling positions for customers.
But, it is not typical for the bond dealer to short bond issues in expectation of missed interest payments because this would involve taking on a speculative position that is generally not consistent with the dealer's role as a facilitator of trades between buyers and sellers.
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The Federal Reserve has never allowed the US to experience a financial panic or depression.
True
False
False. The Federal Reserve has never allowed the US to experience a financial panic or depression. The United States of America's central banking system is known as the Federal Reserve System
With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized management of the monetary system to prevent financial crises following a string of financial panics, including the Panic of 1907. [list 1] The Federal Reserve System's functions and responsibilities have grown over time as a result of occasions like the Great Depression in the 1930s and the Great Recession in the 2000s. In the Federal Reserve Act, Congress outlined three main goals for monetary policy: increasing employment, maintaining price stability, and lowering long-term interest rates.
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QUESTION 7 of 20: Your savings account pays 2.5% interest per year. How much interest does the account pay per month.
a) .02%
b) 04%
c) 21%
d) 43%
Answer:
a) .02%
Explanation:
One year has 12 months.
The interest rate per year = 2.5%
Interest earned per month will be
=2.5% / 12
=0.02%
Answer:
c 21%
Explanation:
i got it right
a major pressure point for training is increasing sales. declining corporate profitability. poor or substandard job performance. declining operating costs.
One of the major pressure points for training is increasing sales. In order to achieve this, organizations need to ensure that their sales team is equipped with the right skills and knowledge to effectively engage with customers and close deals.
Sales training programs can help sales professionals learn effective selling techniques, customer relationship management, and how to handle objections.
Another pressure point for training is declining corporate profitability. This can happen due to a number of factors, such as increased competition, economic downturns, or poor management decisions. In such situations, organizations may need to re-evaluate their business strategies, streamline their operations, and invest in training programs that can help improve productivity and efficiency.
Poor or substandard job performance is another area where training can help. Employees who are not performing up to the expected standards can often benefit from training that can help them acquire new skills, knowledge, and competencies. This can not only improve their performance but also boost their confidence and motivation.
Finally, declining operating costs can also be a pressure point for training. By investing in training programs that focus on improving operational efficiencies, organizations can reduce costs, increase productivity, and improve profitability. This can include training in lean management principles, process improvement, and technology adoption.
In summary, training can help organizations address a range of pressure points, including increasing sales, declining profitability, poor job performance, and declining operating costs. By investing in training programs, organizations can equip their employees with the skills and knowledge needed to overcome these challenges and achieve their goals.
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under finra regulations on minimum maintenance customers are required to maintain a minimum equity of
Under FINRA regulations on minimum maintenance, customers are required to maintain a minimum equity of 25% of the total market value of securities held in their account at all times.
What is FINRA?The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization (SRO) that supervises all broker-dealer firms and registered brokers in the United States. FINRA sets and enforces ethical standards, licenses brokers, educates investors, and provides investor protection.
To ensure that investors are safeguarded, FINRA imposes a number of regulations on broker-dealer companies and registered brokers. Among these are rules on minimum maintenance, which require that investors maintain a specific minimum equity in their accounts at all times.
What is minimum equity?Minimum equity refers to the amount of money required to be retained in a trading account. This equity serves as a buffer that guarantees that the investor will not experience any margin calls. When an investor's equity falls below the minimum amount, the broker demands more money to be deposited to cover the losses.
In the case of securities lending, the minimum equity can be equal to the amount of the loan. Maintenance margin is the minimum amount of equity required to keep an investment. In the event that the margin balance falls below the maintenance margin, a margin call occurs.
The initial margin and maintenance margin are both set by the Federal Reserve Board. When an investor borrows cash from the broker-dealer to buy securities, he or she must maintain a minimum margin of 50 percent of the purchase price, and he or she must maintain a minimum maintenance margin of 25 percent.
In the event that the equity in the account falls below 25 percent, the broker-dealer will issue a margin call, requiring the investor to restore the equity to at least 25 percent of the market value of the securities in the account.
What is a margin call?A margin call is a notification from the broker that an investor's margin account balance has fallen below the minimum level required by the firm. This notification is generally issued as a request for the investor to deposit additional funds or securities to raise the balance above the minimum level.
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If you're offered a no-interest loan, the amount of the loan should not exceed
$2,000.
$25,000.
$60,000.
$100,000.
Answer:
$100,000
Explanation:
Answer:
100,000
Explanation:
just took test
Two reasons why it is important for a chocolate manufacturing company(or any company) to develop new products?
Valentino & Oaks Footwear sells 100 units of one of a famous brand daily. The supplier takes two days to deliver more, and they want to have a safety stock of three day's sales.
At what quantity should the inventory manager place his/her next order?
PLEASE TELL ME THAT SOMEONE KNOWS REORDER POINTS
Answer:
500 units
Explanation:
In inventory management, the reorder point is the inventory level, where a business needs to issue a purchase order for more stocks. The reorder point is influenced by delivery time, desired safety stock, and the average daily sales.
The formula for calculating the reorder point is as follows.
Reorder point = ( average daily sales x delivery lead time) + safety stock
In this case,
Reorder point = (100 x 2) + (100 x3)
= 200 +300
=500 units
difference between luna and sol?
which of the following is not a characteristic of a perfectly competitive market? group of answer choices there is a large number of small firms. firms sell a homogeneous product. firms can easily enter or exit the market. firms are price makers, not price takers.
The following is not a characteristic of a perfectly competitive market is firms are price makers, not price takers.
This choice is accurate due to the fact the cappotential to govern the fee isn't function of ideal competition. In a wonderfully aggressive marketplace, there are numerous customers and dealers that impact the marketplace fee of almost homogeneous merchandise and there aren't anyt any obstacles to access or go out from the marketplace. Flawlessly elastic.
The call for curve for a only aggressive organization is flawlessly elastic, however the call for curve for a only aggressive enterprise is down sloping. Firms can go out and input the marketplace freely. A flawlessly aggressive marketplace is a theoretical marketplace in which corporations can input and go out the marketplace freely or without cost.
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as the marginal propensity to consume (mpc) decreases, the spending multiplier group of answer choices increases. decreases. remains constant. becomes indefinable.
As the marginal propensity to consume (mpc) decreases, the spending multiplier increases.
The marginal propensity to consume is a metric that quantifies precipitated intake, the concept that the growth in non-public client spending happens with an growth in disposable income. the proportion of disposable earnings which individuals spend on consumption is called propensity to consume.
The marginal propensity to consume (MPC) is the turn facet of MPS. MPC helps to quantify the relationship between income and intake. MPC is the component of each more dollar of a family's earnings this is fed on or spent.
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Anyone who has the power to sway or persuade others, especially via their opinions and posts on a specific topic, market or industry, is known as a/an:
А
sharer
B
participant
С
contributor
D
influencer
Identify some of the ways businesses will adapt to a minimum wage in the long run.
Correct Answer(s)
reduce work hours
use machinery instead of workers
move their business to countries not bound by minimum wage law
Incorrect Answer(s)
offer better customer service to make up for the higher labor costs
There are three methods in which employers might respond to paying greater wages: by raising pricing, accepting lower profits, or offsetting.
What effects will a rise in the minimum wage have on businesses?Costlier products: An increase in the minimum wage raises your overhead expenses, which could lead to a higher price point being passed on to customers. This might eventually result in higher living expenses and more increases to the minimum wage.
What are the minimum wage's advantages and disadvantages?Entry-level jobs, training, and lifetime earnings are all affected by minimum wages. A minimum wage is frequently suggested by policymakers as a way to increase earnings and pull people out of poverty. However, increases in certain young employees' wages due to
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Before the Equal Employment Opportunity Commission can file a civil suit for a violation of the Civil Rights Act based on a claim by a discriminated employee, it must first ______. determine that no racial discrimination has occurred. ensure that the violation has occurred for at least a period of three weeks. exhaust efforts to settle the claim. wait for a period of at least two weeks for the employer to take corrective actions. wait for a period of at least three weeks for the state to take corrective actions.
Answer:
exhaust efforts to settle the claim.
Explanation:
The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.
The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.
The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.
As a general rule, the Equal Employment Opportunity Commission (EEOC) can only file a civil suit for a violation of the Civil Rights Act based on a claim by a discriminated employee, after it has exhausted all the efforts to settle the claim presented by a victim. Thus, before filing a civil suit for a violation of the Civil Rights Act, it's very important that the Employment Opportunity Commission (EEOC) has tried everything within its powers to settle or proffer a solution between the accused employer and the potential employee (victim).
The demand for this type of good rises when income falls and falls when
income rises.
O substitutes
o inferior
O normal
O complements
Answer:
o inferior
Explanation:
The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises
So this represent that the good is an inferior good
Hence, the second option is correct
Sarah needs to transfer money from one of her bank accounts to another. She would call someone from the Banking Services pathway of the Finance career cluster to help her do this.
A. True
B. False
The Answer is: A. True
She would need to call someone from the Banking Services pathway of the Finance career cluster to help her.
do marketers manipulate consumers? create artifical needs
Instead than being created by marketers, a need was developed as a result of consumers' socialisation. That entails deciding on the value, offering the value, and expressing the value.
My understanding is that marketing combines the two. It generates and meets client wants. To build needs, marketers must employ the marketing development phrase. They merely bring people's attention to their problems and offer value answers. While some fierce product consumers and marketers identified a need and generated $1 billion in revenue with their solution. An example of a biological requirement is thirst. We are taught by marketers to prefer Coca-Cola to, say, goat's milk in quenching our thirst.
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what is the difference between policy owner and insured
SOS
A country has a trade deficit of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country decreases its exports bus 10 billion.
B. The country increases its exports by $30 billion.
C. The country decreases its imports by $10 billion.
D. The country increases its imports by $30 billion.
B) the country increases its exports by $30 billion
Explanation:
I took a quiz
Answer:
increases its export 30 million
Explanation: