Thet has been a growing issue at your store during hours of operation when there are few colleagues stated at the store. Due to the lack of stat, there is
less chance of spotting that
What would you be most and east likely to co
PICK ONE OF EACH
Move a coleague from the register to the floor. This may lead to longer lines, but will reduce thelt and provide good service to customers
Conduct training with colleagues to ensure they are using appropriate asset protection techniques, such as being aware of one's
Ty to deter that by posting signs and making announcements to potential shopiters about security cameras and the monitoring
activities.
Limit the quantity of trequenty stolen tems on shelves. While this may convenience some of your customers, it will also help reduce
O

Answers

Answer 1

Answer: what exactly do I write about?

Explanation:

Answer 2

Most likely to conduct training with colleagues to ensure they are using appropriate asset protection techniques, as it can proactively address the issue of theft without compromising customer service. Least likely to limit the quantity of frequently stolen items on shelves, as it may inconvenience customers and affect sales negatively.

The question is discussing various strategies to mitigate theft in a retail setting due to few employees being present during certain hours. One strategy is to redistribute staff responsibilities and move a colleague from the register to the floor. This may slow down checkout times, but will likely decrease theft and improve overall customer service.

Another strategy is to conduct training with colleagues to enhance their asset protection skills. This includes steps like increasing vigilance and awareness of their surroundings. This approach relies on preventative measures.

A third approach is to deter theft by posting signs and making announcements about the presence of security cameras and ongoing surveillance. This acts as a deterrent by making potential shoplifters aware that they're being watched.

Finally, the store can limit the quantity of frequently stolen items displayed on shelves. While this might inconvenience some customers, it will also likely reduce theft.

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Related Questions

sales returns: multiple choice refer to merchandise that customers return to the seller for a refund. refer to reductions in the selling price of merchandise sold to customers. represent cash discounts. represent purchases discounts. are not recorded under the perpetual inventory system until the end of each accounting period.

Answers

Sales returns is refer to merchandise that customers return to the seller for a refund.

What is a sales return? When a consumer or client returns a product back to the seller, it is referred to as a sales return. There are a variety of justifications for returns by customers, including: Excessive quantity: A consumer may have ordered more goods than they require, or a business may have mistakenly shipped excess goods.Product returns: Describe decreases in the selling price of goods that are provided to customers. Under the perpetual inventory method, are not recorded until the end of each accounting period. Describe the goods that buyers later return to the merchant.The term "return on sales" (ROS), which is often referred to as "operating margin" or "operating profit margin," is a standardised ratio used to describe an operation's profitability as a share of sales revenue.

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Tableau DA 9-3: Mini-Case, Analyzing warranty liabilities LO P4
1. Looking at past years, does it appear that Arctica has usually underestimated or overestimated its warranty liabilities?
2. How would we suggest Arctica change its estimates of warranty liabilities in future periods?
3. Management tells us that Arctica plans to keep estimated warranty expense percentages to a minimum next year. Why might management want to keep these percentages low?
4. Alternatively, assume management informs us that Arctica had a great year and has very high net income. However, management is now concerned about high taxes, which are calculated as a percentage of net income. What might management try to do to lower Arctica’s taxes?

Question 1 Options:
a. Neither overestimated nor underestimated
b. Overestimated
c. Underestimated

Question 2 Options:
a. Decrease warranty estimate percentage
b. Increase warranty estimate percentage
c. Keep estimate percentages the same
d. No longer estimate warranty expenses

Question 3 Options:
a. To decrease net income to show a "smooth" earnings pattern
b. To increase management bonus that is based on net income.
c. To limit the amount of parts needing to be purchased.
d. To limit the number of warranty claims

Question 4 Options:
a. Decrease warranty estimate percentages
b. Increase warranty estimate percentages
c. Limit parts purchased for warranty claims
d. Limit the number of warranty claims

I got underestimated for the first question. I need help with the others. Much appreciated.

Answers

Answer:

Answer 2 - Increase Warranty estimate percentages

Answer 3 - To Increase management bonus that is based on net income

Answer 4 - Increase warranty Estimate percentages

Explanation:

Answer 2 - Total Warranty was above their estimate, if they increase the percentage they will be closer to the actual

Answer 3 -  Bonus is based on net income, the higher the net income the better your bonus, you can change this based on the percentage you estimate.

Answer 4 - the more they spend the less taxes they will incur.

Roy is willing to pay $2.50 for a sports drink. He puts $5.00 into the vending machine and pushes the button for the sports drink without noticing that the price has increased to $2.75 until he counts the change he gets back.
roy has a____.
a. Producer surplus
b. Consumer surplus

Answers

A vending machine is an automated device that gives customers access to goods including food, drinks, cigarettes, and lottery tickets when they insert cash, a credit card, or other payment methods.

Early in the 1880s, England built the first sophisticated vending machines that gave out postcards. There are vending machines in various nations, and more recently, specialist vending machines that offer uncommon goods in contrast to conventional vending machine items have been developed.

The work of engineer and mathematician Hero of Alexandria, who lived in first-century Roman Egypt, contains the oldest recorded mention of a vending machine. After a coin was inserted, his machine dispensed holy water.

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State Farm insurance company prints an ad in a national newspaper’s apartment rental section with a picture of a girl sitting on the edge of a tub full of water, blowdrying her hair while a plugged in toaster sits on the edge. The caption at the top of the ad reads, “Renting without State Farm is like...” Which need does this marketing ad emphasize for potential customers?

a. safety and security

b. physiological needs

c. esteem

Answers

Answer:

Safety and Security

Explanation:

Blow drying your hair over the tub isn't safe

The marketing ad emphasizes potential customers' need of safety and security.

An insurance company is a company that is responsible for selling insurance that protects our objects and even our lives in case they are affected.

For example, if I buy insurance for my car and someone steals it, the insurance company gives me a percentage of the value of the car so that my loss is not total.

In the case presenting the company, it presents an image of "risk" so that buyers understand the idea of danger and the need for safety and protection to have insurance that covers those possible accidents that occur.

So the correct answer is A. safety and security

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At times we all regret decisions. Does this necessarily mean we did not use the economic decision rule when making the decision?

Answers

Answer:

no

some things might not just turn out the way we expect. it's a risk we take

Joey has opened a restaurant. He paid a large amount of money up front to get the business started. He only sells products that are licensed by someone else. What type of business opportunity is Joey a part of?

Question 9 options:

1: Franchise


2: Dealership


3: Licensing


4: Network marketing

Answers

Answer:

Franchise

Explanation:

The answer is FRANCHISE

Tucker, Inc. on January 1, 2017 initiated a noncontributory, defined-benefit pension plan that grants benefits to its 100 employees for services rendered in years prior to the adoption of the pension plan. The total expected service-years of the 100 employees who are expected to receive benefits under the plan is 1,200. An actuarial consulting firm has indicated that the present value of the prior service cost on January 1, 2017 was $5,040,000. On December 31, 2017 the following information was provided concerning the pension plan's operations for its first year. Employer's contribution at end of year $1,600,000 Service cost 600,000 Projected benefit obligation 6,000,000 Plan assets (at fair value) 1,600,000 Expected return on plan assets 9% Settlement rate 8%
Instructions:
(a) Compute the pension expense recognized in 2017. Assume the prior service cost is amortized over the average remaining service life of the employees.
(b) Prepare the journal entries to reflect accounting for the company's pension plan for the year ended December 31, 2017.
(c) Indicate the amounts that are reported on the income statement and the balance sheet for 2017.

Answers

Answer:

a. Computation of Pension Expenses

Particulars                                                        Amount

Service cost                                                     $600,000

Interest on projected benefit obligation        $480,000

($6,000,000 * 8%)

Expected Return on plan assets                   -$144,000

($1,600,000 * 9%)

Amortized of prior service costs                     $0            

Pension Expense                                             $936,000

b. Account Titles and Explanation                 Debit        Credit

    Pension Expenses                                    $936,000

    Pension Asset/Liability                             $664,000

                Cash                                                                    $1,600,000

                 Other Comprehensive Income                          $0

c.                             Tucker Inc.

                   Income Statement (Partial)

           For the year ended December 31, 2017

Expenses:

Pension Expenses                     $936,000

                             Tucker Inc.

                       Balance sheet (Partial)

           For the year ended December 31, 2017

Long term Liabilities:

Pension Liability                      $3,736,000

Stockholders' Equity

Accumulated Other                 $5,040,000

Comprehensive Income

($5,040,000 - $0)

Workings

Projected benefit obligation, before adjustment   $6,000,000

Add: Service cost                                                      $600,000

Add: Interest on projected benefit obligation         $480,000

($6,000,000 * 8%)

Projected benefit obligation                                    $7,080,000

Fair value of pension assets               $1,000,000

Add: Expected return on plan assets $144,000

Add: Cash contribution                        $1,600,000        

Plan assets                                                                  $3,344,000

Pension Liability                                                          $3,736,000

You are speaking with a customer who wants to cancel their subscription because of a family emergency. You told the customer that their subscription was non-refundable, but they have continued to explain their situation; giving you more detail than you would prefer to know. What do you do

Answers

Based on the fact that the subscription is non refundable, it is important that you calmly reassert the position of the company and commiserate with them.

What is Customer Care?

This refers to a group of people who are in charge of listening to customer complaints about a particular brand of goods or services.

WIth this in mind, we can see that the best thing to do with this person in this case is to calmly reassert the situation and if the customer is adamant, escalate the issue to the appropriate authorities.


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What distinguishes a product/service from the competition ?

Answer
A) Crowdsourcing
B) Customer segment
C) Unique value proposition
D) Technopreneurship

Answers

Answer:

C) Unique value proposition

Explanation:

Product differentiation is a marketing strategy that strives to distinguish a company's products or services from the competition. Successful product differentiation involves identifying and communicating the unique qualities of a company's offerings while highlighting the distinct differences between those offerings and others on the market.

Explain what cybersecurity is and which agencies you can go to in order to ask for help​

Answers

Answer:

Cybersecurity refers to the practice of protecting computer systems, networks, and data from unauthorized access, breaches, and attacks. It involves implementing various measures, such as encryption, firewalls, and vulnerability assessments, to ensure the confidentiality, integrity, and availability of digital information. If you need assistance or want to report cybersecurity incidents, there are several agencies you can turn to for help. In the United States, you can contact the Federal Bureau of Investigation (FBI), which investigates cybercrime, or the Cybersecurity and Infrastructure Security Agency (CISA), which focuses on securing critical infrastructure and promoting cybersecurity awareness. Additionally, you can reach out to your local law enforcement agency, as well as private organizations and cybersecurity companies that offer incident response services and support.

Explanation:

IHOP 'N GO
Drag and drop steps in correct order, then Submit.
Deliver order and thank guest
Input the order into the
Collect payment
Repeat order to ensure accuracy
Write down guest name and order
Ask if they need condiments

Answers

write down guest name and order, repeat order, input order, deliver order, ask if they need condiments, collect payment

Describe the reason that accrued expenses often require adjusting entries but not in every situation. g

Answers

Answer:

Following are the solution to the given question:

Explanation:

Accrued Expenses:

The expenses accumulated were costs pending only at the conclusion of the financial day to be paid. Your financial reports would be made around an accrual basis, meaning the revenue would be booked appropriately without receiving the money. Likewise, the costs incurred during the existing fiscal year will be booked irrespective of if they're not paid.

Usually, know that such a cost is incurred only at end of the fiscal year until we have been paid.

When at the conclusion of a fiscal year we won't receive this bill, therefore the costs will have to be modified directly. In case the payment is not received.

1. 1 Was Jason right in wanting to start up his own company?
1.2 Did Craig make a good decision in giving up a potential $150,000 salary as aproject manager to work with Jason?
1.3 How does a project manager convince executives that they (the executives) are making bad business decisions? (Instruction: How many clients did they have? Who were their competitors and what was the financial strength of their competition?)
1.4 Is it true that some project managers put their careers at stake each time they take on a new project? If you were in Jason’s position, would you have sold the company?
1.5 If you were in Jason’s position, make a plan for your project to ask for a renewed contract from the Government.

Answers

Whether Jason was right in wanting to start his own company depends on various factors, such as his business acumen, market research, financial resources, and risk tolerance.

What is Risk Tolerance?

Risk tolerance refers to an individual's or organization's willingness and ability to accept and manage risk in pursuit of their goals or objectives. It is the degree of uncertainty or potential loss that an individual or organization is willing to accept in pursuit of potential gains. Risk tolerance can vary depending on various factors, such as an individual's or organization's financial situation, goals, time horizon, investment or business objectives, and personal or organizational risk appetite.

Whether Craig made a good decision in giving up a potential $150,000 salary as a project manager to work with Jason also depends on several factors, such as his motivation, confidence in the venture's success, and his personal career goals.

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The financial aid application MOST LIKELY includes this question to determine

Answers

Answer:

ofnrnrnenw

Explanation:

llfnnnskalwwlek

Answer:c

Explanation:


In query Design view, what does the asterisk represent?
all fields
all tables
the primary key
O the field description

Answers

Answer:

Explanation:

All fields

Answer:

(D) all fields

Explanation:

In query Design view, what does the asterisk represent?all fieldsall tablesthe primary keyO the field

[The following information applies to the questions displayed below.]


On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.

Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938.

2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024.

(Interest Expense does not equal 12800)

Answers

To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.

1. Bond Issue on January 1, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  January 1, 2024   Cash                     $293,938

                                     Bonds Payable                $320,000

  To record the issuance of $320,000 face value bonds at a discounted price of $293,938.

2. Semiannual Interest Payment on June 30, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  June 30, 2024      Interest Expense    $14,400

                                  Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.

3. Semiannual Interest Payment on December 31, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  December 31, 2024   Interest Expense    $14,400

                                      Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.

Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.

identify key concepts in project cost management, including tailoring and special considerations for agile/adaptive environments

Answers

Key concepts in project cost management, including tailoring and special considerations for agile/adaptive environments : ongoing use costs, stakeholder expectations , outsource performance analysis or nah

Option B,D, F are correct.

ongoing use costs:

This knowledge area ought to also take into consideration how decisions made regarding the project will affect the subsequent recurring costs associated with utilizing, maintaining, and supporting project deliverables.

Expectations of stakeholders :

Different stakeholders will measure project costs in various ways and at various times. It is necessary to explicitly take into consideration stakeholder demands for cost management.

Outsource performance analysis or nah :

Predicting and evaluating the product's potential financial performance can be done outside of the project or as part of Project Cost Management.

An illustration of project cost management ?

To ensure that there are no overruns on the budget, a project manager will keep track of these costs. The budget for a home improvement project is one example of a cost management plan. Hired labor and building supplies would be examples of direct expenses. Insurance premiums, equipment rental fees, and routine upkeep are examples of indirect expenses.

Incomplete question :

identify key concepts in project cost management, including tailoring and special considerations for agile/adaptive environments

A.Knowledge management.

B.ongoing use costs

C.Estimating and budgeting.

D.stakeholder expectations

E.Earned value management.

F.outsource performance analysis or nah

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Have you ever had your dream crushed before

Answers

Answer:

yes but dont let it slip away

Explanation:

Question 1/
1 pts
Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock
at $70 per share. How much total does Mia receive from selling all her stock?

Answers

Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock at $70 per share. The total that Mia receive from selling all her stock is $7,00,000.

What are stocks?

Stocks are an investment that means you own a share in the company that issued the stock. Simply we can say that the stocks are a way to build wealth.

‘Stocks’ is generally used to refer to portions of ownership of multiple companies – for example, you could say that you own stock in Amazon and Microsoft.

Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock at $70 per share. The total that Mia receive from selling all her stock is $7,00,000.

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Cite 3 reasons for and 3 reasons against rebuilding Greensburg as a “green town.”

Answers

Answer:

Following are the answer to this question:

Explanation:

3 reasons:  

1. The tornado has always been something like never before in magnitude. Its city was damaged and 95% of its buildings are damaged. It gives you the chance to rebuild and green the city.  

2. Building a green city would also inspire other cities to implement green technology in a tornado-ravaged area.  

3. Greenburg is going to become a style icon and a model for the construction of a renewable town.

3 counter reason:  

1. firstly, green technology is not inexpensive and would put public funds under pressure.  

2. No one would cause a major lack of economic and private assets if Greenburg has been struck by a tornado of the very same size.  

3. Its town can prioritize constructing tornado shelters that can respect and public assets rather than creating a green community.

Suppose that Markus Braun has a set of steps that Wirecard takes each time they acquire a new company. This _ is known as a _ .

Answers

As Markus Braun has a set of steps that Wirecard takes each time they acquire a new company This is known as a strategic goal.

What is the goal?

A goal is a target or objective that someone is attempting to reach. The goal can also refer to the finish line of a race or the object that a player is attempting to insert as part of a game. As a noun, "goal" has other meanings.

The term strategic goals are referred to the specific and the financial as well as the non-financial objectives, There aims to achieve the goals in a specific period of time is there in it.

Therefore, As a result, The Wirecard takes each time they acquire a new company is known as strategic goals.

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FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR

What are these terms exactly mean? How do they work in business? What each term do?

Answers

The terms mentioned above are used in economics and have to do with finance.

What are FRY-9C, FRY-14M, and FRY-14Q?

In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.

The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.

On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).

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What was the opportunity cost in a situation in which you use your available cash to buy gas for your car and then stay hungry the rest of the way home?

Answers

Answer:

see below

Explanation:

Opportunity cost is the sacrificed benefit by choosing a preferred option over others. The value of opportunity cost is the foregone benefit from the best alternative.

In this situation, the person had to choose between buying gas for the car or using that money to purchase food. Since the person opted to buy gas, they sacrificed having a meal for the rest of the day.  The pleasure derived from eating is the opportunity cost for this person.  

Suppose that Ned can produce either potato chips or computer chips. If he only produces potato chips he can produce 50 in a day. If he only produces computer chips, he can produce 25 in a day. Drag the endpoints of the line to plot his production possibilities frontier (PPF) on the graph.

What is the opportunity cost of potato chip production in terms of computer chips?

a. 4/3
b. 1/2
c. 3/4
d. 25
e. 2
f. 50

Suppose that Ned can produce either potato chips or computer chips. If he only produces potato chips

Answers

f. 50

50 potato chips are produced, so the opportunity cost versus computer chips (which is 25) is 50.

Basically its asking if you focus on one type or chip for a whole day, what do you get? You get 50 potato chips OR 25 computer chips. Since it’s asking for potato chips versus computer chips, the answer is 50 because you can produce 50 potato chips in one day.
Suppose that Ned can produce either potato chips or computer chips. If he only produces potato chips
Final answer:

The opportunity cost of producing potato chips in terms of computer chips for Ned is 1/2. This means for every potato chip he produces, he is giving up the opportunity to produce 1/2 of a computer chip.

Explanation:

The opportunity cost of a good or service is the value of the next best alternative that must be forgone to produce that good or service. In this case, we are asked to calculate the opportunity cost of producing potato chips in terms of computer chips for Ned, who can produce 50 potato chips or 25 computer chips in a day.

To calculate the opportunity cost, we use the formula:

Opportunity Cost = What You Sacrifice / What You Gain

If Ned decides to make potato chips, we need to determine what he is sacrificing. If he makes potato chips, he sacrifices the ability to make 25 computer chips. Therefore, the opportunity cost of making each potato chip is: Opportunity Cost = 25 Computer Chips / 50 Potato Chips = 0.5 or 1/2 computer chips.

So, the opportunity cost of potato chip production in terms of computer chips is 1/2 (option b).

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A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are _____. securitizing securitizing collateralizing a loan collateralizing a loan creating a derivative creating a derivative offsetting negative risk

Answers

A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are a derivative offsetting negative risk. The correct option is D.

What are over-the-counter financial instruments?

OTC securities are those that are not listed on a national securities exchange. The majority of these securities are traded on Alternative Trading Systems (ATSs), which are quotation mediums that may include electronic interdealer quotation systems that show quotes from broker-dealers for many OTC securities.

In over-the-counter markets, trading is done electronically rather than in a physical location. An auction market system is very dissimilar from this. Dealers serve as market makers in OTC markets by quoting prices at which they will buy and sell securities, currencies, or other financial products.

Thus, the ideal selection is option D.

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Put the steps for demonstrating effective leadership in order.

Answers

The steps for demonstrating effective leadership in order are:

Challenge the process

Motivate a collective vision

Make it possible for other people to take action.

Set an example.

Boost your spirit.

The ability of a person, group, or organization to take the initiative is referred to as leadership, which is both a study area and a practical skill.

People behave best when they are fully focused on what they are doing. The enthusiasm of their followers can be stoked by leaders using their own experiences and interests. Even small successes need to be celebrated. They accept difficult assignments while respecting others' efforts.

Because it inspires, motivates, and sets an example for others to improve the world, leadership is essential. A vision, a plan of action, and a strong relationship with their subordinates are all characteristics of a leader. As a result, they help others collaborate to perform remarkable things.

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1. WHAT IS TIME MANAGEMENT TO YOU AND WHY WOULD YOU MANAGE YOUR TIME BETTER?
EXAMPLE?

Answers

Answer:

Time management is when you use your time wisely to complete certain tasks.

Explanation:

If you manage your time wisely, you will get more work done. Not managing your time will result in incomplete tasks.

Which of the following is one result of stringent 21st century accounting
regulations?

Answers

A result of the stringent 21 st century accounting regulations enacted was B. they make accounting more complex.

Why did accounting regulations become more stringent ?

Over time, accounting standards have become more stringent, and agencies and professional associations make sure that these regulatory rules serve the public's and businesses' best interests. These agencies assist businesses in comprehending the domestic and international legal requirements they must meet.

An organization is in regulatory compliance when it strictly complies with all applicable local, national, and international laws. Businesses may be subject to financial, fiscal, environmental, or business and tax code laws depending on their size and industry. However, why do financial services rank first among the industries most adversely affected by these regulatory laws?

As a result, accounting regulations have made accounting much more complex in order to ensure that companies abide by accounting best practices.

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Options for this question are:

they make accounting simplerthey make accounting more complexthey unify international tax codesthey address the needs of small businesses

Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)

Note: Round your answer to the nearest cent.

Answers

If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is :  $3071.

What is monthly payment?

Monthly payment can be defined as the amount a person received on a monthly basis.

First step is to convert the month to  year

Month to year = 24 / 12

Month to year = 2 years

Second step is to find the interest using this formula

I = P × R×T

Where:

I = Interest

P = Principal

R = rate

T = time

Hence

I = 63,000 × 2 × 8.5%

I = 10,710

So,

P+ I = 63,000 + 10,710

P+I = 73,710

Now let find the monthly payment:

Monthly payment = 73,710 / 24 months

Monthly payment = $3,071.25.

Monthly payment = $3,071 (Approximately)

Therefore the monthly payment is the amount of $3071

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A financial institution wants to know who is most likely to use their credit card. Which is the best way to segment customers?

Answers

As the financial institution wants to know who is most likely to use their credit card, the best way to segment the customers is by amount of debt. The Option B is correct.

What is a customer segment?

In marketing, in order to provide the customers with more relevant experiences, the market segmentation divides them into distinct groups based on shared traits, habits, or interests.

The 4 primary categories of market segmentation includes geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types.

Missing options "A. By number of credit cards B. By amount of debt C. By credit score D. By amount of savings.

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