consumer-oriented sales promotions are used to support . multiple choice question. a firm's ability to raise prices specifically, the repositioning of a product a company's advertising and personal selling efforts efforts to obtain publicity

In essential sections of the job description, performance standards outline what a job does and how performance is evaluated.

All performance evaluations must to include job descriptions as a core component. Without them, the review might not accurately reflect the performance of the employee. When job descriptions are employed, it is possible to use them as a checklist to check off if an employee has completed all of the requirements for the position.

A job description is a practical document written in simple language that outlines the duties, responsibilities, tasks, and goals of a position. It specifies who does particular types of labor, how that work is to be done, as well as the timing and frequency of the work's purpose in relation to the objectives and mission of the organization.

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This assertion is false. Working capital management is somewhat significant for a small business.

Working capital management refers to the process of adjusting a business strategy in such a way that it ensures a firm can function profitably by making the best use of and monitoring its current assets and liabilities.

Working capital represents how efficiently a company is working. A business owner needs to have a better liquidity position because it doesn't have many alternative resources to rely on if its assets can't pay its expenses. A positive working capital would be when current assets surpass current obligations.

Understanding your working capital gives you a snapshot of your operational efficiency and short-term financial health. Companies can invest and expand if they have extra working capital. However, if their working capital is negative, they could not be able to pay their debtors or workers.

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Bonnie is most concerned about being able to buy additional insurance without undergoing medical exams. Guaranteed insurability option riders should she consider

Guaranteed Insurability is an optional feature of life and health insurance that gives the insured the freedom to buy more coverage without having to get a physical or otherwise demonstrate their health.

By using guaranteed insurability or guaranteed purchase option riders, you can raise the death benefit of your life insurance policy at a later time without having to undergo a medical examination. One or more people you choose as beneficiaries will receive a particular death benefit from a standard life insurance policy. You can improve or increase the coverage of your insurance policy using riders.

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The process of forming judgments about what could happen in the future and which actions are worth your investment is called justify.

Investment is the willpower of money to buy of an asset to acquire an boom in cost over a period of time. investment calls for a sacrifice of a few present asset, such as time, cash, or effort. In finance, the cause of making an investment is to generate a go back from the invested asset

Funding involves putting capital to apply these days so that you can growth its value over the years. Funding requires setting capital to paintings, in the form of time, money, effort, and so on., in hopes of a extra payoff within the future than what turned into initially installed.

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Effective vision statements are characterized by clarity and future focus. Thus, option 'D' is the correct option.

When we consider the term "vision," we are driven to an image of the potential improvement above the present. Most vision casting does an excellent job of creating an optimistic picture of the rewards that are involved, but not a particularly accurate picture of the expenditures necessary to get there.

This is a serious issue because if people are not ready when the anxieties and negative forces associated with change begin to surface, they may rapidly quit, which might lead to the death of the vision.

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Answer: True

Explanation:

The knowledge, skills, and abilities necessary to carry out a job in an organization are described in a job specification. The job description includes details about education, work experience, managerial experience, and other factors that can be useful in achieving the objectives of the position.

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S.No Date Accounts Titles and Explanation Debit Credit  

1       31-Dec    Unearned Revenue                     16000    

                      Ticket Income                                             16000

The adjusting entry is debit Unearned Revenue, $16,000; credit Ticket Income, $16,000.

Revenue (or total revenue) refers to the value of services sold, i.e. the number of units multiplied by the price per unit. The average return is the return per unit. H. Total revenue divided by the volume of services sold. Therefore, the average profit equals the unit price.

Both are important ways to understand your business. Sales represent the income generated by a business operation, while profit represents the net profit after deducting costs from the results. Earnings can take many forms, including B. Sales, Commission Income, and Property Income.

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The illness of president Woodrow Wilson led to his wife assuming some of his responsibilities and decision making.

In December 1915, during Wilson's first term as president, she married the widower Wilson. Following President Wilson's severe stroke in October 1919, Edith Wilson played an important role in his administration.

Woodrow Wilson-Thomas Woodrow Wilson was an American politician and academic who served as the United States' 28th President from 1913 to 1921. Wilson, a Democrat, served as president of Princeton University and as governor of New Jersey before winning the presidential election in 1912.

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The March 1, 2020 note payable would not be categorized as a current debt.

The debts or commitments that an organization has that are due within the next year or during its regular business cycle are known as current liabilities. A new current liability may be created or cash may be used to settle current liabilities in addition.

On a company's balance statement, current liabilities include things like accounts payable, accrued obligations, short-term debt, and other equivalent debts.

Current commitments are frequently listed separately on a company's balance sheet. This makes it possible for readers to determine a company's working capital by subtracting their total from the entire amount of current assets the company owns.

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Having unnecessary fluff in your comments can show off your education.

The process of teaching and learning, especially in schools and universities, or the knowledge derived from it” It is also a sector of the economy and society. For example, teachers and university professors work in education, pilots and civil servants in aviation and civil service.

Education goes beyond what takes place within her four walls of the classroom. Children are educated from out-of-school and in-school experiences based on these factors. There are her three main types of education: formal, informal and non-formal.

Education gives everyone the opportunity to gain new knowledge and learn soft skills that can help them improve their lives. Education also helps children, from an early age, to value themselves, their ambitions, their knowledge, and understand the unique opportunities they are given.

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Double coincidence of wants A baker, who is interested in acquiring meat, meets a butcher interested in acquiring bread.

The feature of cash as a medium of alternate makes it a handy asset to hold, because it allows the holder to keep away from the effort and time which could in any other case ought to be worried in synchronizing marketplace exchanges (i.e. via way of means of barter). Convenience, mainly in which it entails time saving, is something of a luxury.

An instance of a double accident of wishes is: a automobile mechanic who wishes a TV locating an proprietor of an electronics keeps who wishes a automobile repaired. The narrowest definition of cash excludes forex withinside the vault on the bank. In a barter economy, an alternate among humans calls for a double accident of wishes, because of this that that what one man or woman wishes to shop for is precisely what the opposite man or woman desires to sell.

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Based on the available options, and the concept of interest, the products that are most affected by the interest rates are Apartment

Interest rate is a term that is used to describe the cost of borrowing or the rewards available for saving.

Generally, as a borrower, the interest rate is the amount individuals would be charged for borrowing money, indicated as a percentage of the total amount of the loan.

From the available options, the cost of an Apartment would be the most expensive, and thus borrowing to pay for an apartment would lead to a higher interest rate which would be indicated as a percentage.

Also, because of the huge cost of apartments, the length at which to pay for it would make the interest rates to be paid higher in the longer run.

Hence, in this case, it is concluded that the correct answer is Apartment.

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The real return last year was 9.63 percent.

Real return is calculated by subtracting the inflation rate from the total return.

In this case, 11.95 percent (total return) - 2.32 percent (inflation rate) = 9.63 percent (real return).

In the field of economics, inflation is the broad term for a rise in the cost of goods and services across an economy.

Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.

After deducting taxes and inflation, an investment's real return is what was made. Real returns are less favourable than nominal returns, which do not account for inflation or taxes.

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Accounts receivable had a balance of $4,375,000 at the conclusion of the current fiscal year; the amount of the adjusting entry was 226300 = 20500.

Accounts Receivable has a balance of $4,375,000 at the end of the current fiscal year, Allowance for Doubtful Accounts has a debit balance of $21,300, and sales for the year total $102,480,000. The cost of bad debt is predicted to be 1/4 of 1% of sales.

One benefit of selling receivables is that the company gets cash right away for operations and other requirements. A portion of the risk of uncollectible accounts may be transferred to the buyer, depending on the sales agreement.

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Merchandise breadth is the number of different product lines available at a particular retail store. A department store that offers a smaller selection of products than a full-line department store; normally, a limited-line department store will have high-quality products at expensive prices.

Department shops are characterised by the incredibly varied product combinations they carry. In other words, they offer a broad range of products, including clothing, appliances, and hardware. Every type of product typically has its own section or division in the store. This covers a variety of retail establishments, such as department stores, specialty shops, supermarkets, convenience stores, etc.

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An income fee account profits exact account temporary account everlasting account is one that isn't closed at the end of the accounting period. Thus, the correct answer is income fee.

An accounting period is the time period in which management accounts and financial statements are generated in bookkeeping. In management accounting, the accounting period varies widely and is set by management. Monthly accounting periods are common. In financial accounting, the accounting period is determined by regulation and is normally 12 months. The start of the accounting period differs by jurisdiction. For example, one business may use the calendar year, which runs from January to December, while another may use the fiscal year, which runs from April to March.

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Depreciation deduct for year 1,2,3,4,5 are $3510,$16800,16800,16800 and 2880 respectively.

It is given that cost of the building is $300000 and is sold for 5 years.

We know that

Depreciation deduct = Depreciation rate × Cost

Depreciation rate for year 1 = (5.5/12)*0.0256 = 0.0117

Depreciation rate for year 2,3,4 = 0.056

Depreciation rate for year 5 = (4.5/12) * 0.0256 = 0.0096

Depreciation deduct for year 1 = 0.0117 * 300000 = $3510

Depreciation deduct for year 2,3,4 = 0.056 * 300000 = $16800

Depreciation deduct for year 5 = 0.0096 * 300000 = $2880

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Decrease the quantity of the input can a firm do to increase productivity in the short run once its marginal product is zero.

A company must use more of a variable input in the short term to increase production. In this time, three relationships are very important. (The discussion that follows will assume that the only variable input is labor.) The whole amount of output produced is known as the total product (TP or Q).

The marginal product is zero when the total product is at its highest level. True. Marginal product is positive but declining when total product is growing at a slower rate. The law of diminishing marginal returns results in an increased slope in the short-run marginal cost curve.

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With the given information of income elasticity and cross-price elasticity an increase in the price of product Y will decrease the demand for product X

Cross-price elasticity quantifies how responsive a product's demand is to changes in a related product price. Some products on the market frequently have connections to one another. This could imply that the demand for a product can be favourably or negatively impacted by a product's price change.

Alfred Marshall's "price elasticity of demand" theory foresaw how prices and quantities would fluctuate in relation to one another. Professor Stocking first considered that movement of two prices in the same direction explicitly demonstrates a high cross-price elasticity in the Cellophane instance because he believed that a change in the price of one product will drive a price change of its rivals in the same direction.

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Advertising for a brokerage corporation must include the firm's occupational license number must be included. The second option is the correct answer.

Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service.

A marketing strategy known as advertising involves purchasing real estate to advertise a good, bad, or intangible idea. Ads, as they are commonly known, are the real advertising messaging. Reaching the demographics most likely to be interested in purchasing a corporation's goods or services is the aim of advertising.

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The proceeds from issuing equity instruments should be listed as cash inflows from lending activities in a statement of cash flows.

Where does equity go on cash flow statement?

The income statement, balance sheet, and cash flow statement are the three main financial reports that businesses consistently produce. The cash flow statement is also referred to as the statement of cash flows. The cash flow statement is useful since most organisations utilising accrual basis accounting find it challenging to keep track of their cash inflows and expenditures.

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The independence hypothesis predicts a decline in earnings and dividends as financial leverage rises. The total market value of the firm's outstanding securities is unaffected by its capital structure.

A company's capital structure is the specific mix of debt and equity it uses to finance both its general operations and expansion.

Shares in a corporation and claims to its future cash flows and earnings are the source of equity capital. While equity might take the form of common stock, preferred stock, or retained earnings, debt typically takes the form of bond issuances or loans.

The capital structure is also thought to include short-term debt. The balance sheet includes both equity and debt. The assets of the business, which are also listed on the balance sheet, are bought using loan or stock. Depending on a corporation, its capital structure.

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In perfect competition, the assumption of easy entry and exit implies that In the long run all firms in the industry will earn zero economic profit.

In a perfect competition, there are little to no barriers to entry which means that there is an assumption of easy entry and exit. In other words, any company can start trading in a perfectly competitive market.

The implication of this is that in the long run, all the firms in this industry will earn zero economic profits. The reason is that firms will enter when there is a short term economic profit and the sharing of profit will bring the profits down to zero.

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When Joe's Manufacturing Company successfully differentiates its product, then from the perspective of consumers: the output of rival sellers is not a good substitute for Joe's output. Option 2.

The trait or characteristics that set your product or service apart for your target market are known as product differentiation. It helps you set yourself apart from your competition and boosts brand loyalty, sales, and growth.

Businesses employ the technique of product differentiation to set one product or service apart from comparable ones that are already on the market. This strategy tries to assist companies in creating competitive advantages and compelling USPs that distinguish their goods from those of rivals.

When Joe's Manufacturing Company successfully distinguishes its product, consumers will not consider the output of other sellers to be a good replacement for Joe's output.

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Interest is usually associated with D. Notes receivable.

Under the allowance method, writing off an uncollectible account, D. affects only balance sheet accounts.

The existing balance in Allowance for Doubtful Accounts is considered in computing bad debt expense in the B. percentage of receivables basis.

Bad Debt Expense is reported on the income statement as D. an operating expense.

The cost recorded by Engler Company for the new delivery truck is B. $60,890.

One option that is not a consideration when recording periodic depreciation expense on plant assets is C. Cash needed to replace the plant asset

The book value of an asset is equal to the a. asset's cost less accumulated depreciation.

Depreciation is a process of C. cost allocation.

Fixed assets costs are calculated by adding all the costs for buying and getting the asset ready. The cost to Engler Company is:

= 55, 000 + 4, 000 + 290 + 1, 600

= $ 60, 890

The book value of this asset will be this cost less depreciation. Interest is something that grows on notes receivables and bad debt expense ends up in the income statement as an expense.

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Conversion privilege.

The correct answer is option D.

Under the conversion privilege, a person may leave the group term plan and keep their insurance without supplying proof of insurability.

Term life insurance plans, commonly referred to as convertible term life plans, frequently feature a conversion privilege. Even if they develop a significant health problem, the policyholder in this instance is still eligible to convert their policy to a permanent one without having to undergo a medical test. This clause essentially guarantees that the policyholder is still insurable despite a decrease in health.

The ability to convert to a permanent policy under a term life insurance policy will probably have an expiration date, and once the policyholder does so, premiums will probably increase. A policyholder with health issues, however, has the choice to keep their life insurance thanks to the conversion privilege. Due to their current health, individuals might have trouble getting coverage if they had to apply for a new policy.

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Rebates are payments made in the past that ultimately lower the final price of a good or service. Given that you pay the whole amount of the bill up front and may later receive a partial refund, rebates vary from discounts in this regard. The rebate reduces the final purchase price by giving the customer a lump payment or a percentage of the sales price after the sale has been completed. Rebates may occasionally only be provided when a certain purchase threshold has been reached.Yanni is working on an advertisement to promote consumer awareness of danger of solar radiation causing skin cancer. Yanni’s first concern will be to identify the target audience, and get consumers’ attention.Warby Parker handles all the shipping costs and provides all the return packaging. This relates to the trialability of its products of its products.

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It is to be noted that based on the Consolidated Balance Sheet, the final value of the guilders is ƒ15,000,000 guilders.

A consolidated balance sheet is a record that represents a parent company's overall financial position as well as the financial circumstances of all of its subsidiaries on a single sheet, without splitting the organizations. It is structured similarly to a typical balance sheet.

The above computations are as follows:

a. The Gorgonzolan commercial banks' Consolidated Balance Sheet after the initial deposits is:

Assets                                                   Liabilities

Currency                  3,000,000          Deposits   3,000,000

b.  The Gorgonzolan commercial banks' Consolidated Balance Sheet after one round of loans is:

Assets                                                   Liabilities

Currency  (= reserves)      600,000     Deposits   3,000,000

Loans                                2,400,000

c.  The Gorgonzolan commercial banks' Consolidated Balance Sheet after the first redeposit of guilders is:

Assets                                                   Liabilities

Currency  (= reserves)    3,000,000    Deposits   5,400,000

Loans                              2,400,000

d.  The Gorgonzolan commercial banks' Consolidated Balance Sheet after two rounds of loans and redeposits is:

Assets                                                   Liabilities

Currency  (= reserves)    3,000,000    Deposits   15,000,000

Loans                            12,000,000  

e. The final values of bank reserves, loans, and deposits are:

Final consolidated balance sheet

Assets                                                   Liabilities

Currency  (= reserves)    3,000,000    Deposits   15,000,000

Loans                            12,000,000

The final value of the guilders is ƒ15,000,000 guilders.

Recall that:

Initial Deposit = 3,000,000

Reserves rate = 20%

Reserves = 600,000 guilders (3,000,000 x 20%)

Initial Loans = 2,400,000 guilders (3,000,000 - 600,000)

First redeposit = 5,400,000 guilders (3,000,000 + 2,400,000)

If the Reserves are 3,000,000 guilders after the second round of loans and deposits, then, the Deposits = 15,000,000 guilders (3,000,000/20%).

And the Loans = $12,000,000 (15,000,000 - 3,000,000)

Therefore, the final value of the guilders is ƒ15,000,000 guilders.

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Project Cost Management helps develop an accurate projection of a project’s financial expenses and benefits.

Project Cost Management is a technique that makes use of technology to monitor cost and productivity over the course of an enterprise-level project's entire lifecycle. PCM includes a number of particular project management processes, such as estimating, job controls, field data gathering, scheduling, accounting, and design. The practise of organising and regulating a company's operating expenses is known as cost management. In order to budget, anticipate, and monitor costs more accurately, it also involves gathering, evaluating, and reporting cost information. Cost management is a task that involves the procedures needed to keep projects' finances under good control (evaluating, estimating, budgeting, monitoring, analyzing, forecasting and reporting the cost information).

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