accrual-basis accounting is superior to cash-basis accounting in that ______.
Answers
Accrual basis accounting is superior to cash basis accounting in that it links income measurement to selling the principal activity of the company.
The accrual basis accounting is better than the cash basis accounting given that it shows a better performance of the business.
It shows you well when the income and the expenses happened. It helps to show if the particular month of interest was a profitable month or if it was not profitable.
It gives a more accurate description of the health of a business.
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Questions 14-18 relate to the following information: Suppose demand is given by \( q=100-2 p \) and supply is given by \( q=2 p \). What is the equilibrium quantity traded? QUESTION 15 What is the equ
Answers
As we can see in this situation, the supply is equal to the demand, hence the market is at equilibrium.
Suppose demand is given by ( q=100-2 p ) and supply is given by ( q=2 p ). To find the equilibrium quantity traded, we have to follow the given steps below:
Step 1: Set both equations equal to each other to find the equilibrium price (100-2p=2p).
Step 2: Solve for p(100=4p)p = 25.
Step 3: Plug p back into either equation to find the equilibrium quantity. We will plug it into the demand equation since it is the first equation in the problem(q=100-2p)q = 100-2(25)q = 100-50q = 50. Thus, the equilibrium quantity traded is 50.
Therefore, the equilibrium quantity traded is 50. The equilibrium price of the good in this market is 25.
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You have just entered an MeA program and have decided to poy for your living expenses using a crede card that has no minimum montsly payment. You intend to charge $1, ob0 per month on the cacd for the nect 21 months. The card carries a monthly interest rete of 0.95%. How much money will you owe on the card 22 months from now. when you receive your frat statement post-graduation? You will owe 5 (Round to the nearest cent)
Answers
You will owe approximately 2140.09 on the card 22 months from now, when you receive your first statement post-graduation. However, since we need to round to the nearest cent, the answer is 2140.05.
To calculate the amount of money you will owe on the credit card 22 months from now, we can use the formula for compound interest.
First, let's calculate the balance on the card after 21 months. Since you intend to charge 100 per month, the balance after 21 months will be:
100 x 21 = 2100
Next, let's calculate the interest on the balance. The monthly interest rate is 0.95%. So, the interest for one month is:
2100 x 0.95% = 19.95
Therefore, after 21 months, the balance on the card will be:
2100 + 19.95 = 2119.95
Now, to calculate the balance after 22 months, we need to add the interest for the 22nd month:
2119.95 x 0.95% = 20.14
Adding this interest to the balance after 21 months, we get:
2119.95 + 20.14 = 2140.09
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When Martin reads a story out loud, he stops to emphasize all important words and even makes funny voices to go along with the story. What element of reading fluency is Martin using?
rate
accuracy
speed
expression
Answers
Answer:
It's expression or on edge D
Explanation:
Answer:
D
Explanation:
good luck :)
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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On December 1, Home Store sells a mower (that costs $260) for $560 cash with a one-year warranty that covers parts. Warranty expense is estimated at 12% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $39 in materials taken from the Parts Inventory.
Answers
Warranty Expense: For the mower it sold on December 1 is $67.20 ($560×0.12).Parts Inventory: Parts Inventory is decreased by $39.
What is Warranty ?Warranty is a guarantee that a manufacturer or seller provides to the consumer, stating that a product will meet certain criteria or specifications. This is typically in terms of quality, performance, and durability. Warranties also provide protection against defects in materials and workmanship. In most cases, a warranty is provided as part of the purchase of a product. It may be included in the form of a written document, or be implied by the seller. The length of the warranty period varies depending on the product, and typically covers repair, replacement, or refund of the purchase price. Some products may even include an extended warranty period.
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X
✓
The primary function of the Gini coefficient is to
(4 points)
measure the quality of human capital in an economy
O explain the cause of income inequality
O measure income inequality in an economy
show the efficiency of an economy
show the amount of wealth in an economy
Points
Answers
Answer:
The primary function of the Gini coefficient is to measure income inequality in an economy. It is a statistical measure that is used to represent the distribution of income or wealth among a population. A Gini coefficient of 0 indicates perfect equality, where everyone in the population has the same income or wealth. A Gini coefficient of 1 indicates perfect inequality, where one person has all the income or wealth in the population. The Gini coefficient is often used to assess the level of income inequality in a country or region and can be used to inform policy decisions related to redistributive measures such as taxes and welfare
Where do you get a check register
Answers
Answer: How to Obtain a Check Register. If you didn’t receive a check register with your checkbooks and would like one, you have several options: Use a template such as a free Go_ogle Docs check register. Order a new register from an online check printer or your bank. Grab a check register from the back of an old checkbook or anywhere you can find one.
The first step in preparing the master budget is the __________.
A) cash budget
B) capital budget
C) operating expense budget
D) sales budget
Answers
The first step in preparing the master budget is the D) sales budget
Framing the master budget for a firm is an expensive strategy, but is essential as well. Some of its essential components include overhead, production costs, and expenses. The approach of creating a budget that always works is master budgeting. A master budget is created by combining all of the smaller business budgets to provide a comprehensive understanding of the firm's financial status.
The sales budget serves as an initial point for developing or initiating master budget. The sales budget acts as basis for master budget's other budgets, which further covers production, direct materials, direct labor, and overhead. By predicting predicted sales for the time period, a company can determine how much it needs to produce, what resources it needs, and what costs it will incur in order to meet its sales targets. The sales budget is therefore an essential component of the master budget.
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when a firm issues shares of stock to the public for the very first time, it is known as:
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When a firm issues shares of stock to the public for the very first time, it is known as an initial public offering.
An initial public offering (IPO) is the procedure of releasing fresh shares of stock to the public for the first time in a private firm. A corporation can raise equity funding from the general public through an IPO.
Since there is often a share premium for present private investors, the transition from a private to a public firm can be a crucial period for private investors to completely realize rewards from their investment. Additionally, it enables public investors to take part in the sale. Investment banks are hired by businesses to sell products, assess customer demand, determine IPO pricing, and other tasks. The company's founders and early investors might use an IPO as an exit plan to obtain the full return on their private investment.
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A customer owns 10M of 7% U.S. Treasury bonds. He is in the 28% federal tax bracket and the 10% state tax bracket. What is his annual tax liability on these bonds
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A customer owns 10M of 7% U.S. Treasury bonds. He is in the 28% federal tax bracket and the 10% state tax bracket. His annual tax liability on these bonds $196.
Tax compliance refers to the policies and actions of individuals aimed at ensuring that taxpayers pay the right amount of tax at the right time and receive appropriate tax credits and relief.
A tax is a compulsory fiscal burden or other type of levy imposed on taxpayers by government agencies to fund government expenditures and various public expenditures. The first recorded taxes were enacted in ancient Egypt around 3000-2800 BC. Most countries have tax systems to fund public, common social, or agreed-upon national demands and government tasks.
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A client owns $10 million worth of 7% US Treasury bonds. He pays federal taxes at a rate of 28% and state taxes at a rate of 10%. He owes $196 in taxes every year on these bonds.
Tax compliance refers to the rules and behaviours of people who make it a priority for taxpayers to pay the correct amount of tax at the correct time and to be eligible for the proper tax credits and relief.
A tax is a mandatory financial burden or other sort of levy that is placed on taxpayers by government organisations to pay for certain public expenditures and other government expenses. In the period between 3000 and 2800 BC, ancient Egypt instituted the first known taxes. Most nations have taxation systems to pay for public, universally shared social, or generally accepted national demands and government duties.
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________ strategy focuses on personal selling, advertising, sales promotion tools, and public relations to produce effective communication between the firm and the marketplace.
Answers
The promotion strategy focuses on personal selling, advertising, sales promotion tools, and public relations to produce effective communication between the firm and the marketplace.
In simple words, the promotion strategy of an organization is a blend of promotional tools, including personal selling, advertising, sales promotion, and public relations to encourage target audiences to act or make a purchase.The promotion strategy has become a necessary component of an organization's marketing mix to make customers aware of the products or services. Promotion strategy increases demand, provides a competitive edge, and creates brand value. It is essential to identify the target audience for the promotion strategy as it will significantly affect the effectiveness of the strategy and the message's appeal.The promotion strategy is used by businesses to introduce new products, increase sales, and make customers aware of the product's availability. It is essential to build trust with customers and provide them with valuable content to maintain long-term relationships. The primary aim of the promotion strategy is to persuade customers to make a purchase, and hence it is a vital component of an organization's marketing plan.
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alex measured the length of an item to be 3.9 cm. the actual length is 3.5 cm what is alex percent error ?
Answers
Answer:
11.42 %
Explanation:
The formula for calculating percentage error
percentage error = observed value - actual value x 100
actual value
Percentage error = 3.9- 3.5 x 100
3.5
Percentage error = 0.4 x 100
3.5
Percentage error =0.1142 x 100
Percentage error = 11.42 %
Pharmacy technicians work in pharmacies that can be found where? Check all of the boxes that apply.
hospitals
drug stores
medical clinics
schools
manufacturing labs
Answers
Answer:
could be 3 of those answer choices
-hospitals
-drug stores
medical clinics
Explanation:
Answer:
1 2 3
Explanation:
What did the large medical bill of $55,543 cover? What are three examples of health care expenses after surgery for appendicitis?
Answers
The large medical bill of $55,543 covered the surgery for appendicitis and the treatments received.
How does health insurance operate?A health insurance plan or policy pays a portion of the costs associated with hospital stays and doctor appointments. It exists to assist with reducing the expenses of medical occurrences, whether they are anticipated or unanticipated.
Depending on your age and income, the insurance provider will decide how much you will pay for your health insurance premium. In order to maintain your health and treat illnesses and accidents, health insurance is necessary. Having health insurance shields you and your family from financial hardships, which is only one of its many advantages.
Three examples of healthcare expenses after the surgery for appendicitis are the surgeon fees, the check-up cost, and the cost of hospital stay.
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What can a boosted post help an advertiser achieve?
Answers
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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How does specialization enabled countries to trade with one another?
Answers
Many countries, for example, specialize in producing the goods and services that are native to their part of the world, and they trade them for other goods and services. This specialization is thus the basis of global trade, as few countries have enough production capacity to be completely self-sustaining.
Specialization refers to tendency of countries to specialize in certain products which they trade for other goods, rather than producing all consumption goods on their own. Countries produce surplus of product in which they specialize and trade it for different surplus good of another country.
When nations specialize, this exchange creates gains from the trade. The benefits of specialization include larger quantity of goods and services that can be produced, improved productivity, production beyond nation's production possibility curve, and resources that can be used more efficiently
Trade contributes to global efficiency. When country opens up to trade, capital and labor shift toward industries in which they are used more efficiently. Societies derive higher level of economic welfare.
Advantages from specialisation (division) of labour:
Higher productivity , efficiency – e.g. rising output per person hour.Lower unit costs leading to the higher profits.Encourages investment in specific capital – economies of scale.learn more about specialization at
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what do you believe to be the most common or important thing is that shifts demand?
Answers
When two or more businesses work together to remove their competition, set prices, and control distribution, it is called _________. collusion collusion Sherman Antitrust Act Sherman Antitrust Act fair competition fair competition price fixing
Answers
Answer:
Collusion
Explanation:
Collusion is when two or more businesses work together to remove their competition, set prices, and control distribution. Collusion means that the players in a competition decide upon one price and promise to abide by it. This way there is no cost cutting and market is equally divided between the players.
Scenario: NewTel, Inc.
NewTel is a telephone company with a policy of filling positions internally, through promotions, rather than hiring from outside. Until recently, the company had a strong engineering focus and tended to promote people into senior executive positions from the engineering areas. Consequently, almost all of the company’s 14 senior executives joined the company over 20 years ago in junior engineering positions. There is increasing pressure on NewTel to become more marketing and service-oriented. As a result, four people were hired last year from consumer products and retail firms to fill new senior executive positions in marketing and service management. The external hires were necessary because current employees were not sufficiently qualified. Now there are signs of tension among senior executives, particularly during budget deliberations where there is limited discretionary spending on new corporate activities. The four new hires have been frustrated in their attempts to have the company put more money into marketing and customer services instead of technology investment. The conflict episodes are viewed by both sides as personal attacks rather than attempts to resolve the problem.
The four new hires’ attempt to have the company put more money into marketing and customer services instead of technology investment. This is mainly an example of conflict due to:
A. role ambiguity.
B. lack of communication.
C. sequential task interdependence.
D. overt behaviors.
E. goal incompatibility.
Answers
Answer:
E. goal incompatibility.
Explanation:
Analyzing the scenario above, it is possible to see that the cause of the conflict is due to incompatibility of goals, that is, there are different objectives and goals between the teams and organizational departments, which causes a lack of consensus that culminates in the conflict.
This is a negative situation for the company, which is a set of systems that must operate in favor of the same objectives and goals. in order to listen to all the parties involved, and then start from a principle where everyone feels heard and integrated in the development of organizational goals, creating an environment of trust and positive relationship in the company.
Because eels are highly endangered as a species, many governments enact laws prohibiting fishing along their migration route. Initially, eel fishers complain about this restriction on the locations they can fish, but after a while they notice that the number of eels swimming outside regulated areas Is much higher than it was before. With the laws in place, eel fishers end up catching a greater quantity of eels than they did prior to the enactment of the lows. Which of the following principles of economic interaction best describes this scenario? - Markets allocate goods effectively. - Markets usually lead to efficiency. - There is a tradeoff between equality and efficiency. - When markets do not achleve efficiency, government intervention can improve overall welfare.
Answers
The scenario best describes the principle that when markets do not achieve efficiency, government intervention can improve overall welfare.
By enacting laws prohibiting fishing along eel migration routes, the government introduces a new restriction on the market that leads to greater efficiency in the allocation of goods.
This is because the regulations decrease the total amount of eels fished, resulting in higher numbers of eels in unregulated areas. The increase in the number of eels in unregulated areas leads to increased efficiency in the allocation of goods, as fishers are able to catch a greater quantity of eels than they did prior to the enactment of the laws.
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What type of function does a project management tool have that a task management tool does not? question 4 options: file sharing progress tracking commenting budgeting
Answers
Answer: The answer should be: budgeting
Explanation: i took the 6.03 quiz
The type of function that a project management tool have that task management does not is tracking.
Project management tools are a collection of software developed to assist project teams in planning, tracking, and managing projects in order to meet project goals on time. It also assists team members in efficiently collaborating and accelerating projects to fulfill the set limits.The process of establishing, prioritizing, delegating, and monitoring tasks to ensure they are done within specified timeframes is known as task management. It also entails structuring the process and resolving bottlenecks to guarantee that tasks are completed efficiently.Project managers take the lead in project planning, execution, monitoring, control, and closure. They are responsible for the overall project scope, the project team and resources, the project budget, and the project's success or failure.Thus the correct option is tracking.
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What is one major function of retail banks?
A. Keeping all deposits in reserve at all times
B. Offering loans that use car titles as collateral
C. Providing credit and debit cards to customers
D. Managing the payroll of major corporations
SUBMIT
Answers
Answer:
The role of retail banking is to help individual consumers manage their money, gain access to credit, and deposit their money in a secure way.
Explanation:
Providing credit and debit cards to customers is a major function of retail banks. Hence, the correct answer is option C.
What are retail banks?Retail banks are financial institutions that provide banking services to individuals and small businesses. These services include deposit accounts, such as savings and checking accounts, as well as loans, mortgages, credit and debit cards, and other financial products.
Providing credit and debit cards to customers is a major function of retail banks because it allows customers to make purchases without the need for cash and helps facilitate online and mobile payments. Credit and debit cards also generate revenue for retail banks through fees and interest charged on balances, making them an important source of income for banks.
Hence, providing credit and debit cards to customers is a major function of retail banks. Therefore, the correct answer is option C.
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2) A deer is...
A. a kind of money.
B. a kind of animal.
C. made of shells.
D. gold or silver.
Answers
The answer is A.
Deers are animals
What is one way a company can work to build relationships with it's customers?
A. A company can call all of its customers once a week to check in and see how their lives are going.
B. A company can plant to have a large sale once a year as a "thank you" to its customers.
C. A company can send a generic form letter to its customers to offer them a coupon
D. A company can send a personalized email to its customer when letting them know about a sale.
Answers
Answer:
D. A company can send a personalized email to its customer when letting them know about a sale.
Explanation:
Hope this helps!!
A company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale. Its comes under the relationship marketing. The correct option is (D).
What is relationship marketing?Relationship marketing is a component of customer relationship management (CRM) that prioritizes long-term involvement and client loyalty over short-term objectives like customer acquisition and individual sales.
The more conventional transactional marketing plan, which is centered on boosting the volume of individual sales, contrasts with relationship marketing.
The capacity of relationship marketing to maintain close contact with clients is crucial.
Therefore, a company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale.
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What is time?????????
Answers
Answer:
Time is define as the progression of events from the past to the present into the future.
If the company issues common stock of $5,000 and pay dividends of $40,900, how much is net income (loss)?
Answers
Answer:
1. $13,000
2. $34,000
3. $52,200
4. $28,100
5. $13,700
6. ($18,500)
Explanation:
Hi, I have attached the full question as pdf below
The Accounting equation is stated as :
Assets = Equity + Liabilities
also stated as,
Equity = Assets - Liabilities
therefore,
1. Equity = $29,000 - $16,000 = $13,000
2. Equity = $63,000 - $29,000 = $34,000
now
Beginning Equity + Common Stock Issue + Net Income - Dividends = Ending Equity
where,
Beginning Equity = $13,000 (calculated)
Ending Equity = $34,000 (calculated)
therefore,
3. Net Income = $34,000 +$36,700-$13,000-$5,500 = $52,200
4. Common Stock = $34,000 + $8,100 - $13,000 - 1,000 = $28,100
5. Dividends = $13,000 + $16,700 + $18,000 - $34,000 = $13,700
6. Net (Ioss) = $34,000 - $13,000 - $41,100 + $1,600 = ($18,500)
What account is unrecorded revenue?
Answers
Unrecorded revenue is an account that falls under the category of "accrued revenue."
What is Accrued Revenue?
Accrued revenue is revenue that has been earned but has not yet been recorded in the accounting records. This can occur when a company provides goods or services to a customer but has not yet received payment for those goods or services.
In this case, the revenue is considered "unrecorded" until it is actually recorded in the accounting records. Once the payment is received and recorded, the unrecorded revenue account is closed and the revenue is recognized in the accounting records.
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The lack of competition is part of the free enterprise system.
O True
O False
Answers
Answer:
I think its true
Explanation:
a client just read about a business paying extraordinary sums of money to a variety of employees. how would the client company use an it
Answers
To avoid the given kind of valuation issue, the client organisation uses an IT application control to carry out a limit test pertaining to the class of employees. Hence, Option C is correct.
By implementing various checks, IT application controls assist in reducing the risks associated with using these tools. Application controls make ensuring that the application and the data it is connected to are properly covered, secure, and always available.
These verification processes ensure that only authorised users can access the company's digital assets by authenticating applications and data before they are allowed into or out of the organization's internal IT environment.
A client recently read of a company that paid numerous employees incredible sums of money.
To avoid this kind of valuation issue, the client organisation uses an IT application control to carry out a limit test pertaining to the class of employees.
Therefore, Option C is correct.
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The complete question has been attached in text form:
A client just read about a business paying extraordinary sums of money to a variety of employees. How would the client company use an IT application control to prevent this type of valuation problem?
a) Compare the total number of payroll disbursements with a predetermined batch total.
b) Check the employee number against the master payroll file.
c) Perform a limit test related to the class of employee.
d) Test a check digit embedded in the employee number.
The _____ function determines if any conditions in a logical test are true.
Answers
Management Information Systems( MIS) is the study of people, technology, associations and the connections between them.
The AND function determines whether one of the conditions of a sense test is true. A common use of the AND function is to extend the mileage of other functions that perform sense tests.
MIS experts help associations get the most from their investments in people, outfit and business processes. Civilians is a people- centric field with an emphasis on services through technology.
features include:
It should be grounded on long- term planning.Should give an overview of the dynamics and structure of the association.It should serve as a complete and comprehensive system, covering all interdependent subsystems of the association.To know more about Management Information System,
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