The value of the annuity at the end of the 30 years is of:
$17,392.45.
What is the future value formula?The balance of an account is given by the equation presented as follows:
[tex]B = \frac{P\left(\left(1 + \frac{r}{n}\right)^{nt}-1\right)}{\frac{r}{n}}[/tex]
The meaning of each parameter in the equation is given as follows:
P is the periodic payment.r is the interest rate.n is the number of yearly compoundings.t is the time in years.The values of these parameters in the context of this problem are given as follows:
P = 500, r = 0.01, n = 1, t = 30.
Hence the balance of the account after 30 years, which is the value of the annuity at the end of the period, will be of:
[tex]B = \frac{P\left(\left(1 + \frac{r}{n}\right)^{nt}-1\right)}{\frac{r}{n}}[/tex]
[tex]B = \frac{500\left(\left(1 + \frac{0.01}{1}\right)^{30}-1\right)}{\frac{0.01}{1}}[/tex]
B = $17,392.45.
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If both the demand rate and lead time are constant, how do the fixed-interval model and the fixed-quantity model compare?A) Inventory holding costs are higher for the fixed-interval modelB) They function identicallyC) Inventory holding costs are higher for the fixed-quantity modelD) The risk of a stockout is higher with the fixed-quantity model.
If both the demand rate and lead time are constant, the fixed-interval model and the fixed-quantity model can be compared as they both function identically.
In economics, demand is the amount of an item that customers are willing and able to buy at various prices at any particular moment. The demand curve is the connection between price and quantity demand.
The perceived necessity, price, perceived quality, convenience, accessible alternatives, customers' discretionary money and tastes, and a variety of other factors all influence demand for a certain item. Numerous elements and conditions influence a consumer's desire or inability to purchase a product. Some of the frequent criteria are: commodity price, price of associated items, and tastes or preferences.
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hr challenges that businesses face as it relates to providing healthcare to your employees. make sure to provide some detail/explanation on what those challenges are. then, you need to develop a specific healthcare strategy/vision for your company based on those identified challenges. lastly, develop 4 hr initiatives/hr actions that could be taken to support/execute your strategy. you will need to provide some detail, that is, the actual actions that you would take to support your chosen strategy.
The lack of qualified healthcare workers, staff burnout, and patient discontent are all major HR issues in the sector. Healthcare HR encompasses more than the standard hiring, onboarding, payroll, and firing processes.
What are the HR challenges facing healthcare?The lack of qualified healthcare workers, staff burnout, and patient discontent are all major HR issues in the sector. Healthcare HR encompasses more than the standard hiring, onboarding, payroll, and firing processes. Staffing shortages for clinical workers continue to be the biggest problem for healthcare HR. Since the shortage is likely to persist, HR professionals must find strategies to make the most of their limited human resources.
What are the greatest challenges that HR will be facing now and in the future and why it is important?Retaining and rewarding the finest employees was cited as the top difficulty by a startling 60% of poll respondents in the Challenges Facing HR Over the Next 10 Years report. Within organizations, there are new ways to advance.
Leaders in human resources play a crucial role in healthcare organizations across the sector. The department's value is enhanced by HR's capacity to select and develop the best candidates, control shifting shifts and pay schedules, comprehend regulatory and legal compliance, and enhance patient satisfaction.
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When agent Hal shows a home he should never:
Ask questions of the prospects' children.
Start in the room with the best features.
Allow indoor pets to leave their designated area.
Leave everything as it was when he entered.
When agent Hal shows a home he should never Allow indoor pets to leave their designated area. Option (c) is correct.
What do you mean by Prospects?Prospectus is the likelihood or potentiality that something will occur.
A real estate agent who holds a license facilitates transactions between buyers and sellers and represents them in court. Agents typically receive payment in the form of commission, which is a percentage of the sale price of the home. Depending on their state and brokerage, agents receive a different percentage.
As a result, Option (c) is correct. When agent Hal shows a home he should never Allow indoor pets to leave their designated area.
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the law of supply and demand says that supply and demand do not play a factor when determining the price of a product or service.
False, the interaction of a market's supply and demand factors determines price. The desire of consumers and producers to engage in purchasing and selling is represented by demand and supply.
What is the supply law saying?According to the law of supply, manufacturers will increase their supply to the market if the price is higher. Businesses produce more of a good or service when they anticipate paying a greater price for it because they want to boost their revenue.
What is the law of demand?According to the Law of Demand, there is an indirect correlation between a good or service's price and the amount of that good or service that customers are willing and able to purchase. In other words, consumers are less able and willing to purchase an item as its price rises and vice versa.
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due to faster communication, transportation, and financial transactions, time and distance have decreased barriers to global marketing.
The market for products and services as well as industrial processes are becoming more and more globally integrated.
What are transportation and communication?Transportation is the act of moving people or things from one location to another using a mode of transportation. Conversely, communication is the transfer of knowledge or information from one source to another. (Image via Pixabay) Transport typically involves transportation infrastructure, such as roads, railroads, and air travel.
What are the advantages of lowering trade barriers globally?Lower trade and FDI restrictions on finished goods can increase competition in the liberalized sector (s). This can assist businesses in utilizing economies of scale, enhancing efficiency, incorporating foreign technology, and innovating.
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Proctored assignments are indicated by Multiple Choice O a shield icon & title of "Proctoring Enabled" O a red cube icon O a magnifying glass icon
The proctored assignments are indicated by a shield icon & title of proctoring enabled. The Option A is correct.
What is a proctored assignments?Also known as a proctored examination, refers to the type of assignment that your instructor can create that, at minimum, which requires an authorization for you to start or submit your assignment attempt.
It is important we note that a proctored examination is a type of assignment that promotes assignment integrity by increasing the assignment security and through confirming your identity.
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All of the following describe characteristics of organizational change EXCEPT
O a. an organization may resist change.
O b. an organization may promote change.
O c. change is inevitable.
O d. resistance to change should be eliminated.
o e. resistance to change is inevitable.
All of the following describe characteristics of organizational change EXCEPT d. resistance to change should be eliminated.
What is an organization?An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union. The term "organization" can be used to describe a person, a group, a company, or the process of creating or developing anything.
An organization is a formal gathering of people, such as a business, charity, political party, or club. The majority of these specialty schools are run by nonprofit institutions. ... an International Labor Organization report. Synonyms: organization, firm, party, or body Additional words for organization
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the gaming entertainment business is different from its predecessor, the casino business, because ____________.
The gaming entertainment business is different from its predecessor, the casino business because it has numerous revenue-generating activities. The gaming entertainment business is very different from the casino business because revenue comes from multiple sources, not just games of chance.
gamingGaming is the act of playing electronic games, whether on consoles, computers, mobile phones, or another medium entirely. Gaming is a complex phrase that implies regular play, maybe as a pastime. Although gaming has traditionally been a solitary form of entertainment, online multiplayer video games have made it a popular group activity as well.
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Suppose the market for gourmet chocolate is in long-run equilibrium, and an economic downturn has reduced consumer discretionary incomes. Assume chocolate is a normal good, and the chocolate producers have identical cost structures.
The long-run supply curve will shift to the left. The decrease in equilibrium price means that firms are not making economic profit. This will cause firms to opt-out of the market, decreasing the supply and pushing back the equilibrium price up to the long-run equilibrium level.
While some markets rely on vendors providing their goods or services to customers in return for money, most markets rely on bartering commodities and services. The method through which the costs of products and services are decided can be described as a market.
The distribution and allocation of resources within a society are made possible through markets, which also encourage commerce. The evaluation and pricing of every tradable good is possible in markets. To allow for the exchange of rights for services and products, markets may develop more or less naturally or can be purposefully created by human activity.
The above question is incomplete, the complete question is-
Suppose the market for gourmet chocolate is in long run equilibrium and an economic downturn has reduced consumer discretionary incomes. Assume chocolate is a normal good and the chocolate producers have identical cost structures.
d. What will happen to the long-run supply curve-increase, decrease, or no change?
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TRUE/FALSE products that are steeped in the cultural heritage of a country are best suited to worldwide appeals.
The statement - "Products that are steeped in the cultural heritage of a country are best suited to worldwide appeals." is False.
High-tech products and new products that are introduced to the market for the first time are better adapted to global appeals than products that are deeply rooted in cultural heritage.
Culture has a significant impact on international marketing. The marketing system is influenced by social, family, educational, and religious systems under the impact of the cultural environment. Marketers that want to sell their products abroad could be particularly sensitive to other cultures.
When trying to advertise their products globally, marketers may come across a number of cultural barriers. Before presenting a product to the locals, a marketer must conduct extensive research on their culture.
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Which of the following are reasons to configured VLANs on a switch as opposed to using without VLANs? (select two)
___Increase number of collision domain
___Increase number of broadcast domains
___Increase security
___Redundant paths between two hosts
___Allowing broadcast traffic between subnets
VLANs provide a quantity of benefits inclusive of ease of administration, confinement of broadcast domains, reduced network traffic, and enforcement of security policies.
VLANs allow logical grouping of end-stations that are bodily dispersed on a network.
Which of the following are reasons to use VLANs pick two?Increased variety of broadcast domains. Increased security.
A VLAN is recognized on community switches with the aid of a VLAN ID. Each port on a swap can have one or more VLAN IDs assigned to it and will land in a default VLAN if no different one is assigned. Each VLAN offers data-link get admission to to all hosts linked to change ports configured with its VLAN ID.
They enlarge the dimension of collision domains. They permit logical grouping of users by using function. They can decorate network security.
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https://brainly.com/question/25867685#SPJ4Which statement is NOT true regarding a Straight Life policy?
A. The face value of the policy is paid to the insured at age 100.
B. It usually develops cash value by the end of the third policy year.
C. It has the lowest annual premium of the three types of Whole Life policies.
D. Its premium steadily decreases over time, in response to its growing cash value.
"Its premium steadily decreases over time, in response to its growing cash value." is NOT true regarding a Straight Life policy. Option D
What is the Straight Life policy?Generally, A retirement income product known as a straight life annuity, which is also sometimes referred to as a straight life policy, is one that provides a benefit up until the time of death but does not make any additional beneficiary payments or provide a death benefit.
A guaranteed stream of income is provided by a straight life annuity to the annuity owner until the owner passes away, as is the case with all other types of annuities.
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let's say we decide to transact with typical bank again, and remember that the required reserve ratio is 0.2. g
The Federal Reserve establishes the Required Reserve Ratio (RR) as a percentage. (b) Banks often desire greater savings when interest rates are higher.
How do you determine the necessary reserve ratio?Simply dividing the amount of money a bank must keep in reserve by the amount of money it has on deposit yields the required reserve ratio. For instance, if a bank had to hold $500,000 in reserves along with its $10 million in deposits, the minimum reserve ratio would be 1/20, or 5%.
How much bank reserves are there?Key Learnings. The percentage of a commercial bank's deposits that it is required to retain in cash as a reserve in the event of a large number of client withdrawals is known as the reserve ratio and is determined by the central bank. The reserve ratio is a crucial monetary policy tool used by the Fed in the United States to enhance or lower the money supply in the economy.
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As a sales-team member, you earn 2% commission on any sales over $2,500. The amount of sales you earn commission on is represented by. The total commission you earn is. What composite function would you use to calculate your commission earned if you sold $6,000 worth of items?.
The commission earned on sale $6,000 worth of items is $70.
How to calculate?For the given problem, we need to find the commission earned on a sale of $6000.
The problem had given that we earn commission after $2500 and we earn 2% of commission.
Given,
E(x) = x - 2500
C(x) = 0.02x
In order to find, what we will actually earn, calculate C(E(x)).
Hence,
C(E(x)) = 0.02(x-2500) = 0.02x - 50
Therefore, now using equation to compute our earned commission,
Let's put $6000 sale.
C(E(6000)) = 0.02(6000) - 50 = 70
Hence, we will earn $70, on a $6000 sale,
What are typical referral commission percentages?The industry average for referral commissions is typically 20% to 30% of gross profit. On the low end, a sales professional can earn his 5% of sales, whereas a pure commission structure allows him 100% commission.
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The number of shares issued represents the number of shares: sold. Repurchased. the company is allowed to sell. sold less repurchased.
The number of shares issued represents the number of shares sold .
What is the number of shares issued ?When shares are issued, this means that they are being sold to the public or to the private companies that a company has deals with if it is a private listing as opposed to a public offering.
This means that issued shares represent the number of shares that a company has sold to the shareholders who then buy it . The number of shares that a company is allowed to sell is the authorized shares .
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T/F a manufacturing cycle efficiency (mce) ratio of .20 indicates that 80 % of the manufacturing cycle time is spent on non-value-added activities.
The answer is true. The percentage of production time that is spent on value-added activities is known as manufacturing cycle efficiency. Manufacturers can find tasks that don't bring value to the operation and cut expenses by eliminating them.
By eliminating non-value-added processes, a company can cut costs and Manufacturers the time needed to produce a good by using this information. The Process Cycle Efficiency, often known as the "Value Added Ratio," is a metric used to determine how much time is spent adding value to a process. The procedure becomes more effective the greater the number. The majority of material's time is frequently spent waiting.
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given the following information, determine average inventory at retail. cost retail beginning inventory $3,000 $6,000 purchases 1,500 3,000 cost of goods available for sale 4,500 9,000 net sales 3,500 7000 ending inventory 1,000 2,000 multiple choice question. $4,000 $2,000 $8,000 $6,000
According to the given information, The average inventory at retail is $4,000.
The average inventory at retail = ($6,000 + $2,000 )/ 2 = $4,000
A calculation of average inventory determines the value or quantity of a specific good or group of goods over two or more specified time periods.The average inventory is the mean value of an inventory over a given time period, which may differ from the median value of the same data set.When considering overall sales volume, average inventory figures can be used as a benchmark, enabling a company to monitor inventory losses.Moving average inventory enables a business to keep track of inventory from the most recent purchase.The ability to better manage costs, sales, and business relationships makes inventory management a crucial success factor for businesses.Learn more about Average inventory, here
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terry was ill for three months and missed work during this period. during the illness, terry received $4,500 in sick pay from a disability insurance policy. what amounts are included in terry's gross income under the following independent circumstances? note: leave no answer blank. enter zero if applicable. required: terry has disability insurance provided by his employer as a nontaxable fringe benefit. terry's employer paid $2,800 in disability premiums for terry this year. terry paid $2,800 in premiums for his disability insurance this year. terry's employer paid the $2,800 in premiums for terry, but terry elected to have his employer include the $2,800 as compensation on terry's w-2. terry and his employer share the cost of the disability insurance. terry's employer paid $1,800 in disability premiums for terry this year as a nontaxable fringe benefit, and terry paid the remaining $1,000 of premiums from his after-tax
The amount included in terry's gross income under the following independent circumstances is 4500.
2. Terry paid the remaining $1,000 of premiums from his after-tax is $2893.
Solution:
[($1,000/$2,800) × $4,500] = 1607
4500 - 1607 = $2893
Gross income includes wages dividends capital gains business income pension payments and other income. Income adjustments include faculty and staff expenses student loan interest child support payments and contributions to retirement accounts.
Gross Wage is what an employee earns before taxes benefits and other payroll deductions are deducted from their salary. The amount remaining after deducting all withholding is net wages or net wages. An individual's gross income is the amount of money earned before any deductions or taxes are deducted. For full-time employees, gross income is annual salary or annual salary before tax.
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Which of the following choices is a way that big data and data science can help today’s marketer?
(a) The use of big data helps in marketing decision making because it keeps marketing information more "pure" by eliminating other business units from the marketing decision-making process.
(b) Big data can help firms react to market conditions more quickly, leading to optimized pricing practices.
(c) Data science has helped simplify promotional decisions because it has shown that simple promotions reaching large audiences work the best.
(d) Real-time inventory management often helps marketers plan
promotional campaigns that are more effective.
(e) Big data has been useful in determining what other companies a firm should merge with to be a more effective marketer.
The way in which big data and data science can help today’s marketer includes:
A. The use of big data helps in marketing decision making because it keeps marketing information more “pure” by eliminating other business units from the marketing decision-making process.B. Big data can help firms react to market conditions more quickly, leading to optimized pricing practices.C. Data science has helped simplify promotional decisions because it has shown that simple promotions reaching large audiences work the best.What is Big Data vs Data Science?Basically, a big data refers to the data is used by organisations to improve the efficiency, understand the untapped market, and enhance competitiveness while a data science is more concentrated towards providing modelling techniques and methods to evaluate the potential of big data in a précised way.
Big data analytics are mostly used in marketing and sales by organizations in pricing strategies according to the pricing of similar products in the market. In conclusion, both the Big data and Data science are used for making promotional campaigns for customer retention and gaining new customers.
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Estimates of which of the following are needed to prepare pro forma income statements?
Multiple select question.
variable costs
selling price per unit
competitor pricing
historical trends
unit sales
Variable costs, selling price per unit, historical trends, and unit sales are needed to prepare pro forma income statements. The correct options are a, b, d, and e.
The variable costs related to producing and selling each unit of a good or service must be estimated for pro forma income statements. These charges may consist of direct materials, direct labor, and other varying costs.
When estimating the revenue from the sale of goods or services, the selling price per unit must be estimated. Forecasting future revenues, costs, and spending benefits greatly from an understanding of historical trends and financial performance in the past.
For the pro forma income statement to accurately anticipate the total sales revenue, an estimate of expected unit sales must be made.
Therefore, Pricing and market positioning decisions may be influenced by information about competitor pricing. So the correct options are a, b, d, and e.
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if a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be
If a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be inelastic.
A good's quantity sought is calculated using its price elasticity of demand. Almost all items see a decline in demand when prices rise, but certain goods are more affected than others. The price elasticity gives the percentage change in quantity needed when a price rises by 1% and all other variables stay the same. A 1% rise in price causes a 2% decrease in the amount sought if the elasticity is 2. Different elasticities are used to quantify how the quantity required changes in relation to other variables. Price elasticities are usually negative and only seldom positive. Almost always, when a product is described as having an elasticity of 2, it refers to a value of 2.
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, which are used to accumulate data about expenditures involved in producing specific products, make excellent use of it to compile pricing data.
Cost-accounting systems, which are used to accumulate data about expenditures involved in producing specific products, make excellent use of IT to compile pricing data.
Data are a collection of discrete values that are used to transmit information in the search for knowledge. These values might describe quantity, quality, fact, statistics, or other fundamental units of meaning. They can also just be a series of symbols that can be further understood. An solitary value inside a group of data is called a datum.
Typically, data is arranged into structures like tables that provide the data greater context and meaning and may also be utilized as data in bigger structures. In a computing process, data may be employed as variables. Data might be measurements or abstract concepts. In almost every aspect of human organisational activity, including economics and scientific study, data are often employed.
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James Rome, a California CPA practicing in California, is a sole practitioner who has his office in San Diego. James provides various bookkeeping, accounting, payroll, and tax services to
about 50 small business clients. Mary is an assistant to James and is the only employee of the firm. Which of the following is a proper form of notice to his clients regarding James' status as a Certified Public Accountant in the State of California?
A) Displaying the certificate of licensure issued by the Board in the office or the public area of the premises where the licensee provides the licensed service.
B) Any method of written notice, including a written notice that is electronically transmitted or a written notice posted at an Internet Website.
C) Providing a statement to each client to be signed and dated by the client and retained in that person's records that states the client understands the person is licensed by the California Board ofAccountancy.
D) All of the above.
E) Both a. and c. but not b.
The proper form of notice to clients regarding his status as a Certified Public Accountant in the State of California is D. All of the above.
How is a Certified Public Accountant in the State of California to notify clients?In the state of California, a Certified Public Accountant has several ways that they are allowed to notify their clients of their status and one of them is that they are to display the certificate of licensure issued by the Board of Accountants in California in their office or in a public place.
They can also use a handwritten notice and handwritten notices on their website or transmitted electronically also suffice. The clients can also sign and date a statement from James and in these records, the client agrees that they understand the licensing of the James by the California Board of Accountancy.
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in a(n) ________blank marketing channel, each member attempts to satisfy its own objectives.
In an independent marketing channel, each member attempts to satisfy its own objectives. Hence, option B is correct.
What is independent marketing channel?
A representative from the manufacturer is an illustration of an independent marketing channel. A manufacturer's salesperson typically promotes comparable goods for several different firms.
Today, websites, email, targeted digital advertising, and events are the most prevalent marketing channel kinds digital or in-person. In the past, people often employed an indirect marketing route or a direct distribution channel such as mailers like television.
Thus, option B is correct.
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The options are missing-
A. administered
B. independent
C. contractual
D. cooperative
E. corperate
T/F primary focus of an industry analysis is to provide sufficient knowledge of the environment that can affect marketing strategy decision-making.
The following statement "Primary focus of an industry analysis is to provide sufficient knowledge of the environment that can affect marketing strategy decision-making" is true.
An entrepreneur or business can use industry analysis as a tool to better understand where their firm stands in relation to other industry players. It offers them a clear understanding of the current and future state of the sector and assists them in identifying both opportunities and risks that may affect them.
It aids in the forecasting of supply and demand, and therefore, the financial results of the firm. It shows the level of industry competition and the expenses of joining and leaving the market. It is crucial while preparing for a small business.
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suppose the government in this economy decides to decrease government purchases by $250 billion. the decrease in government spending will lead to a decrease in income, creating an initial change in consumption equal to . this decreases income yet again, leading to a second change in consumption equal to . the total change in demand resulting from the initial change in government spending is-$1 trillion .
Suppose the government in this economy decides to increase government purchases by $250 billion. The increase in government purchases will lead to an increase in income, generating an initial change in consumption equal to $187.5 billion. This increases income yet again, causing a second change in consumption equal to $140.6 billion. The total change in demand resulting from the initial change in government spending is $1 trillion.
What are Government purchases?All government payments, investments, and transfer payments are included in government expenditures.
The initial shift in consumption was calculated by multiplying 250 billion by the marginal propensity to consume, and this was replicated for the second one by multiplying 187.5 billion by the MPC again.
The $1 trillion figure was calculated by multiplying $250 billion by the expenditure multiplier.
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Which of the following is correct regarding posting a transaction? Posting means to transfer journal information to a ledger. Posting takes place once during an accounting period. Posting means to enter transactions into a journal.
The following is correct regarding posting a transaction Posting means transferring journal information to a ledger. Thus option (A) is correct.
What is information?Information is a general term for everything with the capacity to inform. Information is most fundamentally concerned with the interpretation of what may be sensed. Any naturally occurring process that is not entirely random, as well as any discernible pattern in any medium, can be said to convey some level of information.
An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction. Any transaction involves a modification to the financial situation of two or more businesses or people.
Therefore, Thus option (B) is correct.
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marisa is the office manager in a small company. her employees find that they can often come late to work and leave early, and marisa will cover their work for them. marisa is likely to score: _______
a. low on emotional stability.
b. high on agreeableness. c. low on extroversion. d. high on conscientiousness.
Marisa manages the office for a small business. Her staff members discover that they can frequently arrive late for work and depart early since Maria will finish their assignments. Marisa is probably going to rate highly in this category.
How do you define office manager?person whose responsibility it is to manage an office's work organization: Office activities must be planned, coordinated, and supported administratively by the office manager.
What alternative name for office manager is there?An office manager, usually referred to as an admin assistant or just an administrator, serves as the organization's point of contact for management and staff. Office managers are in charge of a number of duties, such as keeping an eye on deliveries, setting up workplaces, and helping executives when needed.
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was demolished at a cost of $8,200; the salvaged materials were sold for $2,200. additional expenditures before construction began included $1,500 attorney's fee for work concerning the land purchase, $5,500 real estate broker's fee, $9,100 architect's fee, and $16,000 to put in driveways and a parking lot. (a) determine the amount to be reported as the cost of the land. cost of the land $enter the cost of the land in dollars (b) for each cost not used in previous part, indicate the account to be increased.
Cost transaction options are given below:
1) cost of a plant can be measured in cash transaction is acquisition price can be treated as cost in cash transaction
16) cost of the plant in Non-cash transaction can be measured by [cash Equivalent price is equal to the fair market value of the asset given up (1) the fail market value asset received which even is mole the clearly identifiable. can be treated as cost in non-cash transaction.
gain (of) loss to calculate gain(d) loss on the sale an asset we should compare the cash received for the asset and to compare with the book (1) carrying value less the amount of depreciation then the difference amount can be treated as gain.
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TRUE/FALSE. if 4 out of 5 job offers are typically accepted, a company will have to make 120 offers so as to hire 80 employees.
False since staffing efficiency rates are higher.
The third step in the usual workforce planning process is which of the following?We can now perform a gap analysis and scenario planning since we have a solid understanding of who is in our workforce, the talent demand given the job that needs to be done, and we've assessed the internal and external size of talent.
What is the ideal hiring procedure?Finding the applicant with the ideal combination of qualifications, experience, and personality is a key component of the hiring process. In order to hire someone to work for the company, it is necessary to collect and evaluate resumes, conduct job interviews, and then choose and onboard the chosen candidate.
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