The journal entry to record the tax levy in the governmental activities general journal will include a debit to estimated revenues for $1,600,000 and a credit to revenues for $1,584,000.
The journal entry to record the tax levy in the governmental activities general journal for the town of Cumberland would be as follows:
Debit: Estimated Revenues $1,600,000
Credit: Revenues $1,584,000
Debit: Allowance for Uncollectible Current Taxes $16,000
This entry reflects the $1,600,000 property tax levy, with an estimated 1% ($16,000) being uncollectible. The credit to Revenues reflects the amount expected to be collected, while the debit to Estimated Revenues represents the full amount levied.
Finally, the debit to Allowance for Uncollectible Current Taxes accounts for the estimated amount that will not be collected. No debit to Cash is necessary at this point, as the taxes have not yet been collected.
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permission for land use not normally permitted by the zoning classification of the property is a/an: select one: a. differential. b. zoning change. c. variance. d. egression.
C. variance. permission for land use not normally permitted by the zoning classification of the property is called a variance.
A variance is an official authorization or exception granted by a local zoning board or authority that allows a property owner to use their land in a way that deviates from the standard zoning regulations or restrictions. it provides an exception to the usual zoning requirements and allows for a specific land use that would typically not be permitted under the existing zoning classification.
when a property owner seeks a variance, they must demonstrate that strict adherence to the zoning regulations would result in hardship or an unfair limitation on the use of their property. variances are typically granted when certain conditions are met, such as proving unique circumstances, practical difficulties, or unnecessary hardships that justify the need for the exception.
in contrast, a zoning change refers to a formal modification or amendment of the existing zoning regulations that applies to a broader area or zone. it involves changing the zoning classification of a particular area to allow different land uses or development.
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a prime example of a competitively valuable strategic fit is
A prime example of a competitively valuable strategic fit is Berkshire Hathaway
What is Berkshire Hathaway?Generally, The headquarters of the American multinational conglomerate holding firm Berkshire Hathaway Inc. are located in Omaha, Nebraska, United States. Insurance is both its primary line of business and its primary source of capital; the company invests the float generated by this line of business in a diverse portfolio that includes subsidiaries, equity investments, and other assets.
To put it another way, competitive strategy is the process of defining how the company wants to achieve and retain a competitive edge in relation to other companies in the industry.
To be more profitable than one's rivals throughout the course of an entire business cycle is what it means to have a competitive edge over one's rivals.
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Which term describes a form of informal training in which an experienced employee guides the work of a new employee?.
The terrm that describe a form of informal training in which an experienced employee guides the work of a new employee is called Mentoring.
What is mentoring?
Mentoring is when a person usually a senior level employee is assigned to give training to a junior employee in an organization. The aim is to help the new employee grow his or her skills and make better decisions
Here, the senior has more experience as it relates to the work, reason he or she is training the other employee.
Hence, the terrm that describe a form of informal training in which an experienced employee guides the work of a new employee is called Mentoring.
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Insurance Plan Summary
Deductible
$5,000.00
Wellness Exams
No-deductible
100% covered
What is the monthly
payment an employee
with a family plan on
this health plan is
required to pay, even
if they do not visit a
doctor or hospital?
Premium (monthly)
Individual
$45.00
Individual+Spouse
$400.00
A. $5,000.00
B. $45.00
C. $400.00
D. $0
Review of ratings & the 80/20 Rule
Rate Review and the 80/20 rule are two tools provided by the health care law to hold insurance companies accountable and assist in limiting costs.
Review of Rate
You are better protected from arbitrary rate increases thanks to Rate Review. Any rate increase of 15% or more must now be disclosed publicly by insurance firms before your premium is increased. Plans that are grandfathered in are exempt from this.
To view the planned and actual rate increases for your insurance plan, look it up online.
80/20 Rule
According to the 80/20 Rule, insurance firms must spend at least 80% of the premium revenue they receive on healthcare expenses and quality-improvement initiatives. Costs for administration, overhead, and marketing can be covered by the remaining 20%.
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Suppose a colleague of yours is gearing up to write a business plan for a business she intends to start. She told you she plans to prepare the financial statement first to get that job out the way before she tackles the rest of the plan. What is the flaw in your colleague’s logic as described to you
Answer:Even though preparing a financial statement is an important part of a business plan, you shouldn't do it first and think of it as "getting that job done." Several reasons for this include:
The business plan's other components are interconnected with financial statements: The executive summary, company description, marketing plan, operations plan, and management plan are all interconnected with the financial statement, which is not a stand-alone section of the business plan. The financial statement is influenced by each of these elements. Sales projections, for instance, will be influenced by the marketing plan, which in turn will have an effect on revenue and other financial projections.
Without a comprehensive business plan, it is challenging to produce accurate financial statements: Information about the business's costs, expenses, and revenue sources is necessary for financial statements to be accurate and complete. Financial statements can be made more accurately with the assistance of a comprehensive business plan, which provides a deeper comprehension of the company's operations, target customers, and competition.
The overall business strategy should be reflected in the financial statement: The overall business strategy and objectives ought to be reflected in the financial statement. There is a risk of producing a financial statement that does not align with the business's overall objectives if the financial statement is prepared before the business strategy and goals are identified.
As a result, it is absolutely necessary to approach the creation of a business plan from a holistic perspective and to not place any aspect above others. To ensure a cohesive and efficient plan, each component should be developed with the other components in mind.
Explanation:
What impact will higher wages have on the labor force participation of women? 
Young black women with college degrees had the highest lifetime incomes but lower labor force participation rates.
In comparison to men, women have fewer opportunities to make money globally. Women are less likely to actively search for work or do paid labor. Compared to 80% of men, only slightly more than 50% of women in the world work. People's labor force involvement varies depending on demographic parameters such sex, birth year, education, marital status, and the presence of young children at home. Low female labor force participation in India is a complex socioeconomic phenomenon caused by factors like rural-urban migration, patriarchal attitudes, and an imbalance in supply and demand. Wages Increase for Men and Women When More Women Work. based on data from 250 U.S. cities over 30 years. The greatest major economic shift during the previous century was probably the rise of women in the paid employment.
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Mention five legal ways to spend money
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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Because of the contemporary economic issues, what can happen to the investments made of the filipino entrepreneurs to their business?
Because of the contemporary economic issues, what can happen to the investments made of the filipino entrepreneurs to their business are:
inadequate access to technologyfinancing capital,What are the contemporary issues that can have effect on the Filipino entrepreneur?The contemporary issues that can have effect on the Filipino entrepreneur is the unavailable of the financing capital
It should be noted that one of the issue that the Filipino entrepreneurs are encountering today is that they do not have full access to technology , and in today's world, technology is very important in every business.
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Stocks and bonds are different in which primary way?
Answer:
Explanation:
One major difference between the bond and stock markets is that the stock market has central places or exchanges where stocks are bought and sold. The other key difference between the stock and bond market is the risk involved in investing in each
factors to consider when preparing a slide
Answer:
the aim of the presentation, the subject matter, the audience, the venue or place, the time of day, and the length of the talk
Answer:
Location and accessibility
knowing your competitors
study the building
Landscape,sizes,shape
It is impossible to reduce your fixed expenses true or false?
Answer:
True
Explanation:
Exercise 8-7 At December 31, 2018, Concord Corporation Company had a credit balance of $18,800 in Allowance for Doubtful Accounts. During 2019, Concord Corporation wrote off accounts totaling $13,500. One of those accounts ($3,500) was later collected. At December 31, 2019, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $30,700. Prepare journal entries to record the 2019 transactions of Concord Corporation Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Answer:
Dr Allowance $13,500
Cr Accounts Recivable $13,500
Dr Accounts Recivable $3,500
Cr Allow ance $3,500
Dr Cash $3,500
Cr Accounts Rec $3,500
Dr Bad Debts Expense $21,900
Cr Allowance $21,900
Explanation:
Preparation of the journal entries to record the 2019 transactions of Concord Corporation Company
Dr Allowance $13,500
Cr Accounts Recivable $13,500
(To record amount written off)
Dr Accounts Recivable $3,500
Cr Allow ance $3,500
(To reverse write-off)
Dr Cash $3,500
Cr Accounts Rec $3,500
(To record collection of writeoff)
Dr Bad Debts Expense $21,900
Cr Allowance $21,900
[$30,700-($18,800-$13,500+$3,500)]
future cash flows associated with a bond are: always different. not very predictable. very predictable. adjustable.
A bond's future cash flows are the coupon payments and the bond's par value paid at maturity. So it's very predictable.
Option C is correct.
Future cash flow :In the absence of comparable market prices, the present value of future cash flows should be used as a measure of fair value. The present value of future cash flows is a method of discounting the present value of cash expected to be received in the future. Free cash flow (FCF) is the cash flow a company generates after taking into account cash outflows to support its business and maintain its capital assets. In other words, free cash flow is the money left over after a company pays its operating expenses (OpEx) and capital expenditures.
Why is future cash flow important?Cash flow forecasts bring confidence to owners, investors and banks as they provide transparency and control.
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Advertising and marketing analytics, in-app analytics, and performance analytics are three popular types of ________ analytics.
Answer:
Mobile
Explanation:
Advertising and marketing analytics, in-app analytics, and performance analytics are three popular types of Mobile analytics.
What do you think the future trend of women's involvement in
marketing and executive level careers will be?
Future trend of women's involvement in marketing and executive level careers:
1. Increasing representation of women in leadership positions.
2. on diversity and inclusion.
3. Advancement in closing the gender pay gap.
4. Continued efforts to break gender stereotypes and biases.
5. Greater support for work-life balance and flexible work arrangements.
The future trend of women's involvement in marketing and executive level careers is expected to witness positive developments. Firstly, there will likely be an increasing representation of women in leadership positions. Organizations are recognizing the value of diverse perspectives and the benefits of gender-balanced leadership teams.
Furthermore, there will be a growing emphasis on diversity and inclusion, with companies actively working to create inclusive environments that support the advancement of women. This includes implementing policies and initiatives to ensure equal opportunities for career growth and development.
Efforts to close the gender pay gap are also expected to continue. As awareness grows, organizations are striving to address pay disparities and ensure equitable compensation for women in marketing and executive roles.
Breaking gender stereotypes and biases will remain an important focus. Society's perception of women's capabilities in leadership positions is changing, and organizations are challenging traditional norms to promote gender equality and recognize individual merit.
Additionally, there will be greater support for work-life balance and flexible work arrangements. Recognizing the importance of work-life integration, companies are adopting policies and practices that enable women to succeed in their careers while maintaining personal well-being and family responsibilities.
Overall, the future trend indicates a positive shift towards increased opportunities, recognition, and support for women's involvement in marketing and executive level careers, fostering a more diverse and inclusive professional landscape.
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A Venture Capital Analyst gives money to new companies, so they can have
ownership of that company.
True or false
Answer:
False
Explanation:
Venture partners only tend to be compensated via carry interest, which is a percentage of the returns that funds make once they cash out of investment opportunities. Thus, they help no ownership whatsoever.
1) Two people have been negotiating and you've noticed that one has been doing more of the talking and one has been much quieter. Who is most likely to achieve their goals a. The listener: understanding their position, and tailoring you strategy accordingly, is more persuasive. b. It depends on body language more than words c. The talker: talking is important; you can't persuade people if you don't talk
Answer:
A. The listener: understanding their position, and tailoring your strategy accordingly, is more persuasive.
Explanation:
In business, the more you talk, the less persuasive you become. Keeping quiet and choosing your words shows integrity, and by staying quiet rather than trying hard to persuade makes you more able to achieve your goals. As the more the other talks, the more you gain the upper hand in the matter of pressuring the other to your higher benefit.
The Sustainability Accounting Standards Board was established to develop _____ standards for businesses' sustainability activities.
Answer:reporting
Explanation:
The Sustainability Accounting Standards Board was established to develop reporting standards for businesses' sustainability activities.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
The Sustainability Accounting Standards Board refers, to mission is to develop and disseminate sustainability accounting standards that help public corporations disclose material, decision-useful information to investors.
Therefore, By Developing reporting standards for businesses' sustainability activities.
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The government has many obligations to provide services to its tax-paying citizens. If you were in Congress, how
would you balance the need for the government to spend money on necessary things with a prudent approach to controlling the debt and the deficit? Use examples in your answer.
A government is considered to have a budget surplus if it raises more revenue through taxes than it spends. A budget that is balanced means that taxes and spending are equal. The government debt is the total of all prior surpluses and deficits.
What is Budget surplus?A budget surplus occurs when income exceeds expenses. The term is commonly used to describe a government's financial status since citizens have "savings" instead of a "budget surplus." A surplus is evidence of a government's capacity to manage its finances appropriately.
Example,
A resource or good is said to have a surplus if there is more than is presently being utilized. A surplus can refer to a variety of items, such as cash, goods, assets, and earnings. A surplus in the sense of inventory refers to items that remain on store shelves but have not yet been purchased.
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research on the optimization method of visual effect of outdoor interactive advertising assisted by new media technology and big data analysis
Research on the optimization method of the visual effect of outdoor interactive advertising assisted by new media technology and big data analysis. This statement is true.
Technology is the application of scientific knowledge to the practical purposes of human life, or, as it is sometimes expressed, to the modification and manipulation of the human environment. Technology is a method of applying scientific knowledge for practical purposes. It includes not only machines (such as computers), but also technologies and processes (such as how computer chips are made). All technology may seem electronic only, but that's just the latest technology.
Information technology is important in our lives. Because it helps us deal with the dynamics of everyday life. This technology provides a variety of tools to facilitate development and share information. Both are IT goals to make tasks easier and solve many problems.
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Complete each statement by choosing the correct answer from the drop-down menu.
is the ability to stay positive and focused on finding a solution that
satisfies the customer.
The
is to find out what is wrong and what is needed to restore positive
relations with customers.
Customer service must emphasize the importance of
a customer complaint.
DONE
Answer:
1. Customer service mindset.
2. Goal of customer service.
Explanation:
Customer relationship management can be defined as a strategic process which typically involves combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Thus, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
This ultimately implies that, customer relationship management is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers.
The fundamentals of customer relationship is mainly focused on improving sales support, creating efficient and effective marketing communications, technical assistance and customer service, so as to bring great level of satisfaction to the customers.
Customer service refers to the overall collection of interactions existing between a company and the customers who have purchased its goods and taken its services in the past or potential customers who may do that in the future.
1. Customer service mindset is the ability of a customer care representative to remain positive and focused on proffering a solution to customer-related problems, so as to make a customer feel happy and satisfied based on their interactions with the company.
2. The goal of customer service is to ensure customer care representatives find out what is wrong with a particular customer and what action is needed to restore positive relations with the customer. A good customer service must emphasize the importance of a customer complaint.
In conclusion, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.
Answer:
The person below me got it right, but the third answer is "responding promptly to"
Explanation: I just did it lol
If tanya purchased a $1,700 set of golf clubs on a nine-month layaway plan and had to pay a monthly payment of $201, what was the fee charged for the layaway plan?.
$109 was the fee charged for the layaway plan.
We have given in the question,
She purchased a $1,700 set of golf clubs on a nine-month layaway plan.She had to pay a monthly payment of $201.Now, we have to find the fee charged for the layaway plan.
For each of the 9 months, Tanya had to pay $201. Thus, in total, the amount she paid in dollars is:
T= 9($201) = 1809
The sum of her monthly payments is $1,809.
The original price of $1,700, paid $1,809, thus, the fee charged for the leeway plan, in dollars, was:
1809 - 1700 = 109
The fee charged for the layaway plan was $109.
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Steve has worked 36 hours this week at $10/hour. On his last shift of the week he clocks in at 8:05 am and takes his lunch at 11:53. He comes back from lunch at 12:35 and clocks out at 4:56. How much will Steve's Gross Pay be?
Answer:
$441.5
Explanation:
Hours already worked = 36 hours
Rate = $10 / day
Number of hours worked on last shift :
8:05 - 11:53 = 3 hours 48 minutes
12:35 - 4:56 = about 4 hours 21 minutes
Total hours (3 hours 48) + (4 hours 21 minutes). = 8 hours 9 minutes
Hence, total hours worked that week :
36 hours + 8hours 9 minutes
44 hours 9 minutes
Rate = $10 / hour
(44*$10) + (9/60 * $10)
$440 + $1.5
Gross pay = $441.5
Which of the following is not an example of appropriate business etiquette?
Greet everyone cordially, warmly, professionally, and with eye contact.
Dress appropriately and professionally and practice good hygiene.
Arrive at appointments within fifteen minutes of the scheduled time.
Pay attention to the person to whom you are speaking and learn their name.
Answer: Arriving at appointments within fifteen minutes of the scheduled time. This is not an example of appropriate business etiquette as it suggests arriving late or not on time. A person should arrive on time or a few minutes early for a business appointment.
Which of the following statements is correct? Multiple Choice A transaction that is properly recorded in the cash payments journal will always include the recording of an amount in the Cash Debit column. The entry to record the payment of an invoice within the cash discount period would include a debit to the Purchases Discounts account. The entry to record a cash purchase of merchandise would include a debit to Purchases and a credit to Cash. Purchase discounts is a contra revenue account.
4. what would happen to the level of output-income if government increased tax collections on personal income by $100 billion and spent the entire amount? assume the mps equals 0.20.
An increase in government tax collections by $100 billion would reduce disposable income for individuals and firms, leading to a decrease in aggregate demand, and eventually a decrease in output and income.
To estimate the impact of this policy, we can use the Multiplier Effect (MPS). The Multiplier effect shows the change in aggregate output that results from a change in aggregate demand. The formula for the Multiplier effect is given as follows:
Multiplier = 1 / (1 - MPC)
Where MPC (marginal propensity to consume) is the fraction of additional income that a household consumes. If MPC = 0.20, it means that 20% of the additional income is consumed, and 80% is saved.
Using the formula, the Multiplier = 1 / (1 - 0.20) = 1 / 0.80 = 1.25
So, an increase in government tax collections by $100 billion would reduce aggregate demand by $100 billion, and the decrease in output and income would be 1.25 times this reduction, or $125 billion.
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what is the fundamental assumption upon which the concept of consumer rationality is based?
The concept of consumer rationality is based on the fundamental assumption that consumers make decisions based on their rational self-interest. In other words, consumers are assumed to carefully consider the costs and benefits of different options and choose the option that provides the greatest utility or satisfaction.
This assumption is based on the idea that consumers are rational beings who have access to all the relevant information needed to make informed decisions and have the ability to process this information accurately and logically. However, it should be noted that this assumption has been subject to criticism, with some arguing that consumers do not always act rationally due to biases, limited information, and emotional factors. Overall, the assumption of consumer rationality is a foundational concept in economics and is used to understand consumer behavior and market dynamics.
The fundamental assumption upon which the concept of consumer rationality is based is that consumers make decisions to maximize their utility or satisfaction while considering their budget constraints and available options. In other words, consumers are assumed to make choices that provide them the greatest benefit while minimizing costs, and they consistently apply this principle in their decision-making processes.
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Select the correct answer from each drop-down menu.
What cultural aspects must businesses consider when making marketing decisions?
Companies must consider the
political scenarios
of different countries to run sustainable business. This practice also helps safeguard the reputation and goodwill of their brands.
Businesses should avoid portraying rebellious behavior in
underdeveloped
societies. Marketers must also learn about
to avoid conflicting with religious or social sentiments.
Answer:
the first one is not political scenarios
the second one is not underveloped
and the final one is social and cultural norms
Explanation:
i took the test ande i only got the third one right
Answer:
Cultural Norms, Hierarchical, and Social & Cultural Norms
Explanation:
Companies must consider the cultural norms of different countries to run sustainable business. This practice also helps safeguard the reputation and goodwill of their brands.
Businesses should avoid portraying rebellious behavior in hierarchical societies. Marketers must also learn about social and cultural norms to avoid conflicting with religious or social sentiments.
This is 100% correct on the test.
Which statement best illustrates the relationship between three different
elements of the circular flow of products?
A. Product markets offer labor to businesses, which creates jobs for
households.
B. Resource markets sell goods to product markets, which sell the
goods to businesses
C. Households pay wages to businesses, which can then set up
product markets.
D. Businesses create goods for product markets, which sell them
directly to households.
Answer: is D
Explanation:
The statement, businesses create goods for product markets, which sell them directly to households, is best illustrates the relationship between three different elements of the circular flow of products.
What is a circular flow?
The most popular version of this model displays the circular flow of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.
Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.
As a result, option (d) is correct.
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i have a brainlest for anybody if the can tell me who won the wwe champoinship in 1996