Politicians had the view that the government should stay out of the American economy.
Which organizations comprise the federal government?
The U.S. Constitution provides Congress, the Presidents, and the Federal courts distinct jurisdiction over the legislature, executive, and judicial parts of the federal govt.
Why do the national and state governments behave differently?
The US government's operations are governed by the principle of federalism. The federal and state governments each have their own separate jurisdictions over the people. The federal government has limited authority over all 50 states. State governments have the power to regulate inside the boundaries of their state.
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Companies allow customers to pay for products using third-party credit cards because: (Check all that apply.)
The reasons why Companies allow customers to pay for products using third-party credit cards are;
a variety of payment options typically increase sales volume.the seller does not have to evaluate customer credit.cash is received from the credit card company faster than from a credit customer.the seller avoids the risk of customer non-payment.Why do companies allow payment with third-party credit cards?In most cases, companies usually prefer the payment by customer using third-party credit cards because cash is received from the credit card company faster than from a credit customer.
And this also help the seller to avoids the risk of customer non-payment.
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Tom was recently turned down for a loan. He would like to re-apply next year for the same loan. Which of the following is not a change he could make to increase his chances of being approved for the loan?
a.
Pay off some of his credit cards to decrease his debt-to-income ratio.
b.
Take out some more credit cards to increase his monthly debt.
c.
Find another job that pays more, increasing his gross monthly income.
d.
Improve his credit score by making all credit card and loan payments on time
Look at all the options and see which one would NOT be a positive change. In order to get a loan, you want as little debt as possible, which rules out option A because getting rid of debt is good. You also want a high paying job, which rules out option C. Finally, your credit score is very important in getting a loan. You want the best credit score possible, which rules out option D. This leaves option B. This would be the answer because, as I said before, you want as little debt as possible, so increasing your monthly debt would not be helpful at all in getting a loan.
Answer:
B
Explanation:
Take out some more credit cards to increase his monthly debt.
Which are the two classifications of operating expenses on a multiple-step income statement?.
Answer: Selling; general & administrative
Explanation:
Your job is to cold call people and sell
them life insurance. You do some
research and find out that the life
insurance policy could be purchased
cheaper online. Your boss forbids you
to tell the customer this and expects
you to sign up at least 5 new
customers per day.
What will you do?
I believe I would be cheating customers if I don't do right by them. I would prefer to look for a new job than do something that is ethically wrong and against my morals.
As an employee, I would first try to figure out a way to do right by the customers and reduce the insurance fee. I would try to explain to my boss how we could benefit and increase our customer base if we reduce the fees.
If I fail at getting the price change. I would try looking for a new job that fits well with my morals. Till the time I get a new job, I would try working the same job and explaining to the boss.
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What is the difference between a cash flow statement and a Budget?
Answer:
See below
Explanation:
A cash flow statement is among the financial statement prepared by a company at the end of every financial period. It details the cash movements, in and out of business. The cash flow statement tells the amount of cash that a business holds at any particular time. It shows whether a company generates sufficient cash to pay debts and fund its operations.
A budget is a plan showing expected incomes and expenses for a financial period. It indicates the income an individual, firm, or country expects to receive in a period and how the income will be spent. A budget is also known a plan of expenditure.
Differentiate between norminal wages and real wages
Answer:
A norminal wage is not adjusted for inflation and real wage is adjusted for inflation
How would inventions such as the smart fitting room affect retail jobs???
Answer:
ummm because it is bigger
Explanation:
A _____ accountant prepares information, such as reports on the cost of materials used in the production process, for internal use only.
A managerial accountant prepares information, such as reports on the cost of materials used in the production process, for internal use only. Executives, product managers, sales managers, and any other employees inside the firm who use accounting data to make significant decisions are the primary focus of managerial accounting.
Data prepared by managerial accountant is not required to follow US GAAP. In fact, adhering to U.S. GAAP may make it harder to obtain pertinent data for internal decision-making. In contrast, it could be more sensible to include nonproduction costs that are directly related to the product for internal decision-making purposes, such as sales commissions or administrative expenses or reports.
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what are some common tasks performed by Psychiatrists? (Select four options)
A administering first aid and life support care
B collaborating with other medical professionals
C maintaining patient information and records
D developing diagnostic imaging techniques
E prescribing, directing, or administering psychotherapeutic treatments or medications
F analyzing and evaluating patient data or test findings
Answer:
B, E and F and explanation I share you other thought about it
Explanation:
Psychiatrists are medical doctors who specialize in the treatment of mental health conditions. Some common tasks performed by psychiatrists include:
Conducting initial evaluations and assessments to diagnose mental health conditionsPrescribing and managing medications to treat mental health conditionsProviding individual, family, or group therapy to help patients manage their mental healthDeveloping and implementing treatment plans for patientsCollaborating with other healthcare providers to coordinate care for patientsProviding crisis intervention and support to patients experiencing mental health emergenciesConducting research to advance the field of psychiatry and improve treatment options for patients.Answer each of the following questions in brief, complete sentences in proper English. (Word or Excel is fine for this.) a) What are two examples of other comprehensive income transactions? Where are they reported on the balance sheet? b) A company has 1,000,000 shares of $10 par value common stock outstanding and announces a 4- for-1 stock split. The stock is trading for $200 per share on the NASDAQ exchange on the day of the announcement. How many shares will be outstanding after the stock split? What is the expected stock price immediately after the split is effected (issued)? How will the stock split affect earnings per share?
A) They are reported in the stockholder’s equity section of the balance sheet.b) After the stock split, the number of shares outstanding will increase to 4,000,000 shares.The expected stock price immediately after the split is issued is $50 per share ($200/4). The stock split won't affect earnings per share since the number of outstanding shares and total earnings will increase proportionately.
a) Two examples of other comprehensive income transactions are: foreign currency translation adjustments and unrealized gains/losses on available-for-sale securities.
They are reported in the stockholder’s equity section of the balance sheet.
b) After the stock split, the number of shares outstanding will increase to 4,000,000 shares.
The expected stock price immediately after the split is issued is $50 per share ($200/4).
The stock split won't affect earnings per share since the number of outstanding shares and total earnings will increase proportionately.
A stock split is when a corporation issues new shares to current stockholders in proportion to the number of shares they currently own. The primary goal of a stock split is to make the stock more accessible to a wider range of investors and to boost liquidity by increasing the number of shares available for trading.
The earnings per share, however, will be affected as a result of a stock split.
Since the earnings per share are calculated by dividing the total earnings by the total number of shares outstanding, both the earnings and the number of outstanding shares will increase proportionately.
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Your company is bidding on an office building. The estimated construction costs are as follows: Labor =$985,466 Materials =$1,091,256 Equipment =$100,754 Subcontractor's bids =$6,254,800 Your company marks up labor and materials 15 percent, equipment 20 percent, and subcontractor's bids 4 percent to cover main-office overhead and profit. What is your company's bid for the project?
Your company marks up labor and materials 15 percent, equipment 20 percent, and subcontractor's bids 4 percent to cover main-office overhead and profit. The company's bid for the project would be $8,432,276.10.
The bid for the project would be the sum of the estimated costs, including the markup percentages for labor, materials, equipment, and subcontractor's bids. To calculate the bid for the project, we need to apply the respective markup percentages to the estimated costs.
The labor cost of $985,466 would be marked up by 15 percent, resulting in an additional amount of $147,819.90. The materials cost of $1,091,256 would also be marked up by 15 percent, yielding an additional amount of $163,688.40.
Similarly, the equipment cost of $100,754 would be marked up by 20 percent, resulting in an additional amount of $20,150.80. The subcontractor's bids of $6,254,800 would be marked up by 4 percent, resulting in an additional amount of $250,192.
Adding up these markup amounts to the estimated costs gives us a total markup of $581,851.10. To determine the bid for the project, we add this markup to the sum of the estimated costs:
Bid = (Labor + Materials + Equipment + Subcontractor's bids) + Total Markup
= ($985,466 + $1,091,256 + $100,754 + $6,254,800) + $581,851.10
= $8,432,276.10
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Explain the importance of profit to the economy.
Answer:
Explanation:
Profit is the surplus revenue after a firm has paid all its costs. ... In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products
Determine which of the following statements best describes the control principle as it relates to an accounting information system. Multiple choice question. The principle prescribes that management should verify all transactions before they are entered into the accounting system. The principle prescribes that an accounting information system have internal controls. The principle describes the U. S. GAAP rules of double entry accounting within an accounting system. The principle outlines the rules regarding when revenue should be recognized within an accounting system.
Answer:
The principle prescribes that an accounting information system have internal controls.
Explanation:
The statement which best describes the control principle as it relates to an accounting information system is that, the principle prescribes that an accounting information system have internal controls.
Answer:
The principle prescribes that an accounting information system have internal controls.
Explanation:
Because it is the "Correct Answer"
Which one of the following statements is correct?
a. Cost can be controlled only by those who are managing the project
b. Cost can be controlled only by those who are managing the project risk
c. Cost can be controlled only by those who are doing the spending
d. Cost can be controlled only by those who are doing the work
The correct statement is "Cost can be controlled only by those who are doing the work." Option D.
This statement reflects the principle of responsibility assignment in project management, according to which each team member is accountable for their task or activities.
Cost management is a crucial aspect of project management, which requires the involvement of the entire project team, not just the managers.
Therefore, team members who are responsible for carrying out the activities are required to be cautious in their approach to carrying out the assigned task to control the cost and keep it within the allocated budget. It is essential for them to understand the scope of the work and execute it effectively and efficiently.
In conclusion, the statement "Cost can be controlled only by those who are doing the work" highlights the importance of assigning responsibility and accountability to the team members to ensure the cost of the project does not exceed the allocated budget.
Hence, the right answer is option D.
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Identify a MIS process or any form of technology in an organisation of your choice that can be improved and or updated. 2 Investigate the problem through discussions with relevant stakeholders. 3. Formulate a problem statement. The problem statement must be concise and unambiguous. Use supporting literature to support your problem statement. 4. Construct a mini literature review through consulting reputable journal articles, text books, reports and other relevant sources. Refrain from referring to wiki sites, organizational websites and blogs. 5. Investigate the best possible solution based on your research by collecting relevant information from the organisation you plan to research. Provide an implementation plan 6. Make recommendations that will assist the organisation to improve its technology, MIS and competitive stance. 7. Provide a conclusion to your report 8. All citations must be included in the reference list at the end of the report
The literature suggests that implementing an online employee performance management system can increase efficiency and accuracy while reducing time and cost.
Organisation: XYZ (fictitious name)
MIS Process or any form of technology that can be improved and updated: Employee performance management system
Investigating the problem through discussions with relevant stakeholders: The employee performance management system of XYZ has been the same for a long time. The managers are not satisfied with the system as it consumes a lot of time and is a monotonous process. They have to input each employee's details separately, which can be a time-consuming task. In addition, sometimes the data is not accurate and can result in an unfair assessment of the employees.
Formulate a problem statement: Due to the inefficiencies in the current employee performance management system, the process of employee evaluation is a tedious, time-consuming task and often results in an unfair assessment of the employees. The current system is monotonous, and the managers are not satisfied with the system.
Construct a mini literature review through consulting reputable journal articles, textbooks, reports, and other relevant sources: The online system allows managers to enter the data in one place, and the system automatically generates the necessary reports.
Investigate the best possible solution based on your research by collecting relevant information from the organization you plan to research. Provide an implementation plan: The best solution is to implement an online employee performance management system. It will save time and provide accurate data to assess employee performance. The implementation plan is as follows:
Step 1: Research different online employee performance management systems
Step 2: Choose the most suitable system for XYZ
Step 3: Train employees to use the new system
Step 4: Test the system in a pilot phase
Step 5: Implement the system
Make recommendations that will assist the organization to improve its technology, MIS, and competitive stance:
By implementing an online employee performance management system, XYZ will improve its technology, MIS, and competitive stance. It will reduce the time taken to assess employee performance, provide accurate data, and reduce the cost of the evaluation process. Providing online training to the employees will also save the organization's time and money.
Provide a conclusion to your report: In conclusion, implementing an online employee performance management system will solve the inefficiencies in the current employee performance management system of XYZ. It will increase efficiency and accuracy, save time and cost, and improve the organization's technology, MIS, and competitive stance. All citations must be included in the reference list at the end of the report.
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Which of the following procedures would the auditor most likely perform to determine that an interest rate swap contract is properly stated at fair value on the client's balance sheet?
A Testing the data used to arrive at the fair value of the interest rate swap contract.
B Sending a positive confirmation to the interest rate swap contract custodian.
C Comparing the contract amount with the fair value of the contract and calculating the unrealized gain or loss.
D Inspecting the minutes of the board of directors' meetings for approval of the interest rate swap contract.
The procedure that the auditor is likely to perform to determine that an interest rate swap contract is properly stated at fair value on the client's balance sheet is Option A. Testing the data used to arrive at the fair value of the interest rate swap contract.
When evaluating a client's financial statements, an auditor must make sure that they are fairly presented. To ensure that the financial statements are fairly presented, the auditor must review the company's accounting policies and procedures, evaluate the effectiveness of internal control over financial reporting, and test the data used to prepare the financial statements.
The auditor may conduct a test to verify the reasonableness of the data utilized to estimate the fair value of the interest rate swap contract. For instance, the auditor may compare the data to reliable market data, such as that provided by the financial press, or compare the data to that utilized by comparable businesses. This may include an analysis of interest rate trends in relation to the contract's terms, as well as the comparison of the value to similar transactions.
The auditor can also evaluate the degree of management judgment and the amount of management effort and assistance required in the data testing process. Therefore, the correct option is A.
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which is a way to increase your net worth
Ways to increase your net worth are
Contribute more money to your retirement fund.Reduce your spending.It's time to get rid of high-interest loans.Make a contingency fund. This is further explained below.What is net worth?Generally, taking into consideration all financial assets and obligations of a person/company/household.
In conclusion, Consolidate or renegotiate your debts.
Keep your vehicles for as long as you can.
Boost your wages
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Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice—White, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below:
Product White Fragrant Loonzain Total
Percentage of total sales 20 % 52 % 28 % 100 % Sales $150,000 100 % $390,000 100 % $ 210,000 100 % $ 750,000 100 %
Variable expenses 108,000 72 % 78,000 20 % 84,000 40 % 270,000 36 %
Contribution margin $ 42,000 28 % 312,000 80 % $ 126,000 60 % 480,000 64 %
Fixed expenses 449,280 Net operating income $ 30,720 Dollar sales to break-even = Fixed expenses = $449,280 = $702,000
CM ratio 0.64
As shown by these data, net operating income is budgeted at $30,720 for the month and the estimated break-even sales is $702,000.
Assume that actual sales for the month total $750,000 as planned. Actual sales by product are: White, $300,000; Fragrant, $180,000; and Loonzain, $270,000.
Required:
1. Prepare a contribution format income statement for the month based on the actual sales data.
2. Compute the break-even point in dollar sales for the month based on your actual data
Contribution format income statement
Contribution margin income statements refer to the statement which shows the amount of contribution arrived after deducting all the expenses that are variable from the total revenue amount. Then, further fixed expenses are deducted from the contribution to get the net profit/loss of the business entity.
break-even point
The Break-Even Point The break-even point (BEP) in economics, business —and specifically cost accounting —is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
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what is the potential for losing money in the stock market if an individual keeps their money invested for one year?
The prospect for financial loss You would have a larger than 1 in 4 probability of losing money if you made a placement in the stock industry for a year.
Apple, what kind of stock is that?As a large-cap stock that is part of the S&P 500 and has a significant market capitalization, Apple is usually as among top holdings of both large-cap index funds and S&P 500 index funds.
How can I purchase stock?The safest way to buy stocks is through a online stockbroker. After opening and funding your account, you may instantly buy stocks upon that investor's page.Other options include using a full-service stockbroker or buying shares from the company directly.
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Most plants want to have their supplies delivered just before they are needed to be used in production
Answer:
True
Explanation:
The modern notion of "just in time" material delivery supports reduction of inventory and its associated costs. Plants that have sufficiently steady raw material usage will prefer supplies delivered "just in time."
Plants that have wildly varying production schedules or product mix may prefer a generous "safety stock." They may also prefer a generous supply inventory if their supply chain is unreliable.
It is true that most plants want to have supplies delivered just in time, but circumstances may make needs differ from wants.
Answer:
TRUEExplanation:
#CARRYONLEARNINGWhat might be an advantage of using credit
which of the these best describes the tax rates shown to the graph?
A-as income increases, the percentage of tax paid decreases.
B-as income increases,the percentage of tax paid increases.
C- for all income levels, the percentage of tax paid is about 20%.
D-for all income levels, the percentage of tax paid less than 20%
Answer:
the answer is B income increases, the percentage of tax paid increases.
How to solve problems in group work
Answer: Solve problems as a group by working together and problem solving, as well as listening to all ideas.
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just classify the task between groups and task will be easy to doChanges to BC Labour Code
What are the potential negative impacts and who would be
impacted?
Changes to the BC Labour Code can have potential negative impacts on workers' rights, union power, workplace safety, equality, and employee morale. This can affect employees across industries, weaken collective bargaining, increase occupational risks, perpetuate inequalities, and decrease job satisfaction and well-being.
The potential negative impacts of changes to the BC Labour Code can vary depending on the specific changes implemented. However, some general potential negative impacts and affected parties could include:
Workers' rights and protections: If the changes weaken workers' rights and protections, it could lead to decreased job security, lower wages, longer working hours, reduced benefits, and limited access to collective bargaining. This would directly impact employees across various industries.Unions and collective bargaining power: If the changes limit or restrict the ability of unions to organize, negotiate collective agreements, or engage in industrial action, it can weaken the collective bargaining power of workers and hinder their ability to advocate for fair wages, better working conditions, and improved benefits.Workplace safety and health: If there are changes that result in reduced regulations or enforcement around workplace safety and health standards, it can increase the risk of injuries or occupational hazards for workers in various industries.Equality and diversity: If the changes fail to address or strengthen protections against discrimination and promote diversity and inclusion in the workplace, it can negatively impact marginalized groups and perpetuate inequalities.Employee morale and job satisfaction: Negative changes to the labor code can erode employee morale, job satisfaction, and overall well-being, leading to increased stress levels and reduced productivity.It is important to note that the specific impacts and affected parties would depend on the nature of the changes made to the BC Labour Code and how they are implemented. Detailed analysis and consultation with stakeholders would be necessary to fully assess the potential negative impacts and those who would be directly impacted.
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Excise tax is levied in the __ of goods and services
Answer:
its probably buying
Explanation:
Use the data from the GDP graph to complete each sentence.
Between 2007 and 2008, market growth ________.
Between 2008 and 2009, the GDP _______.
In 2008, GDP nearly reached_______.
Answer:
increased
decreased
50,000
Explanation:
Answer:
increased
decreased
50,000
Explanation:
Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answer:
Ability to work well with a project team
Explanation:
arco steel, inc. generated total sales of $45,565,200 during fiscal 2010. depreciation and amortization for the year totaled $2,278,260, and cost of goods sold was $27,339,120. interest expense for the year was $9,641,300 and selling, general, and administrative expenses totaled $4,556,520 for the year. what is arco's ebit for 2010?
$9,641,300 was spent on interest during the year, while $4,556,520 was spent on selling, general, and administrative costs. EBIT for Arco in 2010 was $11,391,300.
EBIT is a crucial indicator of a company's operational effectiveness. It demonstrates how much money a company makes from its core operations because indirect costs like taxes and interest on debts are not included.
Total Sales = 45,565,200.00
Cost of goods sold = 27,339,120.00
Gross profit = Total Sales - Cost of goods sold
= 45,565,200.00 - 27,339,120.00
= 18,226,080.00
EBIT = Gross profit - Depreciation & amortization - Selling, General & administrative expenses
= 18,226,080.00 - 2,278,260.00 - 4,556,520.00
Depreciation & amortization = 2,278,260.00
Selling, General & administrative expenses = 4,556,520.00
EBIT = 11,391,300.00
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Postal service shows the national identity of country. Justify.
This is US Law and Tax
US Law and Tax refer to the legal and taxation systems that govern individuals and entities within the United States. US Law includes federal, state, and local laws that regulate a wide range of issues such as employment, contracts, criminal justice, and civil rights.
Tax laws, on the other hand, encompass the rules and regulations governing the collection and payment of taxes by individuals and businesses. The Internal Revenue Service (IRS) is responsible for enforcing federal tax laws and administering the tax system in the United States.
The US tax system is based on a progressive tax system, which means that individuals and businesses are taxed based on their income and earnings. Understanding US Law and Tax is essential for individuals and businesses operating within the United States to comply with legal and tax obligations and avoid penalties and legal consequences.
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Complete question is not found.