A concurrent or subsequent condition is an upcoming event when it happens, discharges the parties' duties under the terms of the contract.
What is a contract?
A contract is an arrangement between parties that establishes legal duties for both parties.
The fundamental components necessary for the arrangement to be a valid offer and acceptance, adequate compensation, capacity, legality, mutual assent, and expressed through a qualifying offer.
The contract are of two types expressed and implied contract, verbal or non verbal contract.
A contract may be terminated when the condition attached to contract are met by the both the parties.
Therefore any condition subsequent or concurrent to contract for discharging it will be completed after meeting out all obligations.
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Jane, who works in sales for her firm, has learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's
Select one:
A.customer relationship management system.
B.customer response management system.
C.indirect marketing system.
D.direct marketing system.
E.B2B selling system.
Jane, who works in sales for her firm, learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's customer relationship management system. Option A
What is a customer relationship management system?Generally, All of the information that has been gathered about the customer is compiled, linked together, and analyzed by a CRM system.
This includes the client's contact information, as well as their interactions with business representatives, purchases, service requests, assets, and bids or offers. After that, the system gives users access to that data and the ability to comprehend what transpired at each touchpoint.
HubSpot. HubSpot is a customer relationship management (CRM) platform, which means it keeps tabs on client interactions and helps streamline marketing, sales, and service operations.
HubSpot is an excellent choice for any company that is growing (regardless of whether it is a small, medium, or enterprise-level company) as well as any team (such as marketing, sales, customer service, operations, or C-suite).
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the first course in the career navigation courses is:
You alone have the ability to develop your career. By finishing this trio of courses, you can take charge of your future while boosting your confidence.
What is navigation in a career?the awareness of internal elements that affect professional decisions and the capacity to consciously investigate and advance your career.
What are skills for navigating a career?Being able to steer your practice in new and better directions if necessary, or alternatively, to negotiate to maximize the potential of your current position, requires flexibility and confidence. Effective career navigation requires developing a keen sense of where you currently stand in key areas of job satisfaction.
Is it challenging to access WP Carey?A high school class ranking in the top 8% and an ACT composite score of 25. ASU competence courses must have a cumulative high school GPA of 3.4 (4.00 = A) or higher in order to be admitted before the Fall 2020 semester.
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in the current year, susan sold an antique that she bought 6 years ago to display in her home. susan paid $800 for the antique and sold it for $1,400. susan chose to use the proceeds to pay a court-ordered judgment. the $600 gain that susan realized on the sale of the antique should be treated as ordinary income. long-term capital gain. an involuntary conversion. a nontaxable transaction.
Gain that Susan realized on the sale of the antique should be treated as long-term capital gain.
What is capital ?In economics, capital goods or capital are "permanently produced commodities that are in turn used as productive inputs for further production" of goods and services. At the macro level, "a country's capital stock includes buildings, equipment, software and supplies in a given year."Capital is a broad term for anything that gives value or utility to its owner. For example: Factories and their machinery, intellectual property such as patents, or financial assets of companies and individuals.Equity can be any financial asset used. Money earned from ongoing activities is reported as capital on the company's balance sheet. Some examples are money in bank accounts, money from the sale of stocks, and money from the sale of bonds.To learn more about capital from the given link :
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in year 1, rick bought a collectible watch for his own use at a cost of $8,000. in year 5, when the fair market value was $12,000, rick gave this watch to his son, chris. no gift tax was due. which of the following correctly states the holding period and the type of asset? holding period type of asset holding period starts year 5 type of asset sec. 1231 holding period starts year 5 type of asset capital asset holding period starts year 1 type of asset capital asset holding period starts year 1 type of asset sec. 1231
Begins Year 1 | The asset's first year was when Rick bought the watch. Unless specifically excluded under the IRC, all of a taxpayer's possessions are considered capital assets.
What is the IRC's purpose?The International Rescue Society responds to some of the worst humanitarian emergencies that exist today, such as the conflict in Afghanistan and the crisis in Ukraine. We aid those who have been harmed by conflict and tragedy in regaining their healthcare, safety, education, economic well-being, and power.
The IRC is legitimate, right?Charity watchdog organizations frequently give the IRC high marks for our effective use of donations and the efficiency of our operations.
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Which of the following is not a manufacturing cost category? O Manufacturing overhead O Direct materials O Selling & administrative costs O Direct labor
The accurate solution is that a) price of products offered isn't a manufacturing cost category. Adding up the direct substances, direct exertions, and production overhead fees offers us the overall production fees for the year.
The required details about manufacturing cost is mentioned in below paragraph.
Manufacturing cost are the fees incurred throughout the manufacturing of a product. These fees consist of the fees of direct material, direct exertions, and production overhead. The fees are normally provided withinside the earnings declaration as separate line items.Manufacturing cost is the sum of fees of all sources ate up withinside the manner of creating a product. The production price is assessed into 3 categories: direct substances price, direct exertions price and production overhead. It is a thing in general shipping price.
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FILL IN THE BLANK. In new-product development, _____ is the stage at which products that do not meet new-product goals are rejected.
The stage of new-product development known as "Screening Product Ideas" is where items that do not adhere to those goals are discarded.
What is the buying department referred to as occasionally?The terms procurement departments and buying departments are sometimes used in business. These divisions frequently play a significant role in assisting businesses in achieving both short- and long-term strategic objectives.
What is referred to as buying?A corporation or organization uses the purchasing process to buy products or services in order to achieve its objectives. Although many organizations make an effort to establish standards for the purchasing process, procedures can differ significantly between organizations.
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coupons, contests, and samples are forms of consumer-oriented sales __________
The coupons, contests, and samples are forms of consumer-oriented sales promotion.
What is promotion?Promoting products and services in the marketplace is referred to as "promotion." A paid and unpaid payment is the promotion. In order to promote itself, the business releases a new product.
The promotion are the influenced of the public for the purchasing the goods and services. The sales of the coupons, contests, and samples are the promotion of the goods and the services to the public was the attract the product.
As a result, the coupons, contests, and samples are forms of consumer-oriented sales promotion.
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is the minimum labor required to operate a food and beverage operation regardless of the volume of business.
Fixed labor is the minimum labor required to operate a food and beverage operation regardless of the volume of business.
Receiving comes into consciousness after the menu has been deliberate and the goods dictated by way of the menu have been purchased. The targets of the receiving function encompass analyzing deliveries to assess the satisfaction and determine the quantity of the goods, checking expenses, and arriving at an be given or reject decision.
Deploy extra electricity-green equipment. college and college dining regions that allow students to head without delay to the food stations of their desire are based totally on: a scramble system.
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state insurance regulators conduct claim audits to ensure
State insurance regulators conduct claim audits to ensure fair claim settlement practices which is therefore denoted as option B.
What is Claim audit?This is done by a claim auditor who works in an insurance company and is responsible for determining if the services or items claimed for payment were the same as what the beneficiary received during reimbursement.
This is usually done by analyzing various aspects of the claims submitted by policyholders so as to ensure that the right amount is paid on other to prevent any form of injustice to the parties involved.
State insurance regulators are also involved in the conduct claim audits to ensure fair claim settlement practices as this helps to prevent any form of issues and sanctions by the regulating body.
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The options are:
A. Fair and appropriate pricing.
B. Fair claim settlement practices.
C. Equal workloads of claim representatives.
D. Compliance with reinsurance treaties.
antonio supervises six graphic designers. if he intends to fill a senior graphic designer position with one of these six people, he will use to identify his job candidates.
Antonio supervises six graphic designers. If he intends to fill a senior graphic designer position with one of these six people, he will use Internal recruiting to identify his job candidates.
Graphic design is a profession, academic discipline, and applied art in which visual communications are projected in order to transmit specific messages to social groups with specific goals. Graphic design is an interdisciplinary design and fine arts field.
Its practise entails using manual or digital tools to express creativity, innovation, and lateral thinking, where text and graphics are commonly used to communicate visually. The graphic designer's role in the communication process is that of message encoder or interpreter.
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a customer recently switched apartment units and is upset he hasn't receiving his mail he asks if you can give it to him now but you're not supposed to until he files a change of address form
The answers using logical reasoning are:
Most likely: Tell him that even though you understand it's annoying, you have to deliver to the location shown on the envelope. Offer to walk them through setting up the mail forwarding.
Least likely: The least likely course of action is to explain that you cannot forward mail without a form because there is no way to confirm that he is telling the truth about his address change.
Deductive reasoning, often known as logical reasoning, is the process of drawing conclusions from a body of facts or evidence.
It involves putting specific premises in front of conclusions.
Example: "When it rains, everything outside becomes soggy.
The grass gets wet when it rains because it is outside."
This type of reasoning is commonly contrasted with both philosophical and mathematical logic.
Most likely: Tell him that although you realize it's frustrating, you must deliver to the address indicated on the envelope. Offer to assist them through the mail forwarding setup.
Least likely: The least likely option is to explain that without a form, you have no method of verifying that he is being truthful about his address change and hence cannot forward mail.
Therefore, the answers using logical reasoning are:
Most likely: Tell him that even though you understand it's annoying, you have to deliver to the location shown on the envelope. Offer to walk them through setting up the mail forwarding.
Least likely: The least likely course of action is to explain that you cannot forward mail without a form because there is no way to confirm that he is telling the truth about his address change.
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Complete question:
A customer recently switched apartment units and is upset he hasn't been receiving his mail. he asks if you can give it to him, but you're not supposed to until he files a change of address form. What would you most and least likely do?
If the GDP deflator rises from 185 to 190, what is the rate of inflation between the two years?
A. 270%
B. 50%
C. 5%
D. 2.7%
current attempt in progress pharoah company ltd. publishes a monthly sports magazine, fishing preview. subscriptions to the magazine cost $15 per year. during november 2022, pharoah sells 14,000 subscriptions for cash, beginning with the december issue. pharoah prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. the company uses the accounts unearned subscription revenue and subscription revenue. the company has a december 31 year-end. prepare a tabular summary to record the following events. (a) receipt of the subscriptions in november. (b) adjustment at december 31, 2022, to record subscription revenue in december 2022.
Fishing Previe is a monthly sports magazine published by Faro Company Limited. Subscriptions to the magazine cost 15 per year in November 2022, and starting with the December edition,[tex]14,000[/tex] subscriptions will be sold for cash record .
At the conclusion of each quarter, Pharo prepares its financial accounts and records subscription revenue. The business uses accounts for earned and unearned subscription money. The business has a December 31st year and gets ready to receive subscriptions in November. So, we do. Date account names, an explanation, debit, and credit are the columns in this table. The year is 2022 point, and our date is November 30th because we're instructed that we're preparing the entry at the end of November. This is where we gave that up. The account's name and a justification. The first item is cash, which will be divided into[tex]210000[/tex] dollars by multiplying the cash account by 15 or 15 times the [tex]14,000[/tex] point, to get 93300 points. The next item is unearned subscription revenue, which is accredited at [tex]210000[/tex]dollars. Again, to record cash receipts, this was calculated by multiplying 15 by [tex]14,000[/tex]
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Fishing Previe is a monthly sports magazine published by Faro Company Limited. Subscriptions to the magazine cost 15 per year in November 2022, and starting with the December edition[tex]14000[/tex], subscriptions will be sold for cash record .
At the conclusion of each quarter, Pharo prepares its financial accounts and records subscription revenue. The business uses accounts for earned and unearned subscription money. The business has a December 31st year and gets ready to receive subscriptions in November. So, we do. Date account names, an explanation, debit, and credit are the columns in this table. The year is 2022 point, and our date is November 30th because we're instructed that we're preparing the entry at the end of November. This is where we gave that up. The account's name and a justification. The first item is cash, which will be divided into[tex]210000[/tex] dollars by multiplying the cash account by 15 or 15 times the [tex]14000[/tex] point, to get 93300 points. The next item is unearned subscription revenue, which is accredited at [tex]210000[/tex] dollars. Again, to record cash receipts, this was calculated by multiplying 15 by [tex]14000[/tex]
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TRUE/FALSE.the three types of income in the us income tax system are ordinary income, portfolio income and capital income.
Ordinary income, portfolio income, and capital income are the three categories of income under the US income tax system. The said statement is true.
What is US Income Tax System?
The federal government with majority of states in the US, imposes income taxes for generating revenue. Applying a tax rate to taxable income, which is the entire income less permissible deductions, yields the income taxes, which may rise as income rises.
Further Earned, passive, and portfolio income are the three basic types of income.
Earned income consists of salaries, tips, commissions, and wages.
Rental properties, royalties, and limited partnerships are all potential sources of passive or unearned income.
Interest, dividends, and investment capital gains are all types of portfolio or investment income.
Therefore the above statement is said to be true.
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which one of the following pairs of goods is likely to have a negative cross-price elasticity of demand?
a. purses and backpacks
b. sofas and dining room tables
c. manicures and pedicures
d. shoes and socks
e. trucks and sedans
Among all the given pairs of goods, the one that is most likely to have a negative cross-price elasticity of demand is shoes and socks. Hence, option D is correct.
What is the meaning of cross-price elasticity?To determine whether products are "substitutes" or "complements," the idea of cross price elasticity of demand is employed. To group goods that are probably going to compete with one another, it is also used in market definition.
Cross price elasticity of demand is a term used to describe how responsive a good's demand is to changes in the price of unrelated goods. It is consistently expressed in percentage terms.
Shoes and socks are the given product pair that is most likely to have a negative cross-price elasticity of demand.
Therefore, option D is correct.
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proceeds from notes payable on january 26, nyree co. borrowed cash from conrad bank by issuing a 45-day note with a face amount of $300,000. assume 360 days in a year. a. determine the proceeds of the note, assuming the note carries an interest rate of 6%. fill in the blank 1 of 2$ b. determine the proceeds of the note, assuming the note is discounted at 6%. fill in the blank 2 of 2$
The net proceeds from notes-payable will be $2,250, considering its face value and interest rate as well as time period.
Calculation:
Notes -payable face value = $300,000
Time period for which it is issued = 45 days
Interest rate = 6%
Proceeds from the notes payable = $300,000*6%*60/360 = $2,250
Written promissory notes are known as notes payable. A borrower receives a certain amount of funds from a lender under this arrangement and agrees to pay it back over a predetermined amount of time. The interest rate may be set for the duration of the note or it may change in accordance with the interest rate the lender charges its most valuable clients (known as the prime rate). In contrast to an account payable, which requires the payment of both interest and a promissory note, this is different.
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The data in the table characterizes the income distribution for a country What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. Share of income (%) 5.0 Cumulative share of income (5) 11.0 16,0 Income category first quintile second quintile third quintile fourth quintile fifth quintile 39.0 27.0 percentage of population in second quintile: 34.0 What percentage of the total income for the country is earned by the third quintile? percentage earned by the third quintile: % What is the cumulative share of income earned by the poorest 80% of the population? percentage earned by the poorest 80%: 80
The most know term that divides a data-set into groups is quartiles, dividing the data-set into four groups.
In this problem, quintiles are used, which divides the population into five groups, as follows:
First quintile: Up to the poorest 20%.Second quintile: From the poorest 20% to the poorest 40%.Third quintile: From the poorest 40% to the poorest 60%.Fourth quintile: From the poorest 60% to the poorest 80%.Fifth quintile: From the poorest 80% to the poorest 100%.It is important to understand the inverses, that is:
Poorest 80% = Richest 20%, for example.
From the table given by the image at the end of the answer, the measures are given as follows:
Second quintile: 11%.Third quintile: 23%, as 39% - 16% = 23%.Poorest 80% = Total - Fifth quintile = 100 - 34 = 66%.Missing InformationThe table is given by the image shown at the end of the answer.
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Use the classical (RBC) IS-LM-FE model to show the effects on the economy of a temporary adverse supply shock; for example, an increase in the price of oil. You should show the impact on the real wage, employment, output, the real interest rate, consumption, investment, and the price level.
The marginal productivity of labor is increased, shifting the labor demand curve to the right.
As a result, the real wage rises and employment increases. Both the higher productivity and increased employment increase output. The FE line shifts right, with the IS curve unchanged, so the LM curve must shift down (the price level declines) to restore equilibrium. As a result, the real interest rate declines, increasing consumption and investment.
Costs of production are directly correlated with the marginal product of labor. Fixed and variable costs are separated in costs. The term "fixed costs" refers to expenses that are related to the fixed input, capital, or rK, where K is the amount of capital and r is its rental cost. The costs of the variable input, labor, or wL, are known as variable costs (VC), where w is the wage rate and L is the volume of labor used.
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which of the following, by definition, allows you to buy stocks, bonds, and other assets with borrowed money?
Based on the description in the question and the business investment analysis, the definition that allows you to buy stocks, bonds, and other assets with borrowed money is Margin Account
What is a Margin AccountMargin Account is a term in investment and business operations that are used to describe the capacity to buy stocks, bonds, and other assets with borrowed money.
Generally, the Margin Account is used because they involve borrowing, and is only reserved for wealthy clients who have both a high credit rating and a high-risk tolerance.
Features of Margin AccountIt allows the trader to trade other financial productsIt increases the profit and loss potential of the trader's capital.Hence, in this case, it is concluded that Margin Account is a good account to hold when it comes to an investment as it helps the investors to maximize their profits.
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Most franchisors and franchisees are a.sole proprietorships. B. partnerships. C. corporation or LLCs d. Social enterprises
Most franchisors and franchisees are a.sole proprietorships. Option A.
What is a sole proprietorship?A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.
A sole proprietorship typically just requires that you launch your firm. The decision of a company name is helpful.
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ultiple choice question a blank does not require consumers to do anything other than buy a ticket or fill out a form for a chance to win some type of prize. multiple choice question. premium sweepstakes rebate contest
Sweepstakes does not require consumers to do anything other than buy a ticket or fill out a form for a chance to win some type of prize.
In a sweepstake, a winner or winners may receive a reward or series of prizes. As a sort of lottery connected to the sale of goods, sweepstakes first emerged.
Most contests are organized by reputable businesses and you may actually participate to win great rewards just for participating. There are, however, certain contests that are created with the intention of defrauding you. Sweepstakes are not regarded as gambling because there is a free way to enter, and they frequently have less restrictive geographic regulations than raffles.
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year investment cash inflow 1 $ 58,000 $ 4,000 2 $ 8,000 $ 8,000 3 $ 11,000 4 $ 14,000 5 $ 17,000 6 $ 15,000 7 $ 13,000 8 $ 11,000 9 $ 10,000 10 $ 10,000
In 5.8 yeas, the invested amount is recovered.
Any inflows or outflows of cash from a company's long-term investments are included in cash flow from investing activities. The cash flow statement shows how much cash and cash equivalents are coming into and going out of a business.
If the cash inflow in the previous year had been several times as large, the payback period would not be impacted.
Calculation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $58,000 + $8,000 = $66,000
In year 1 = $4,000
In year 2 = $8,000
In year 3 = $11,000
In year 4 = $14,000
In year 5 = $17,000
In year 6 = $15,000
If we sum the first 5 year cash inflows than it would be $54,000
Now we deduct the $54,000 from the $66,000 , so the amount would be $12,000 as if we added the sixth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $`15,000
So, the payback period equal to
= 5 years + $12,000 ÷ $15,000
= 5.8 yeas
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When the bookkeeper or accountant has a choice between two acceptable alternatives, they should choose the one that will report less profit, less asset amount, or a greater liability amount. This is based upon which assumption/principle?
When the bookkeeper or accountant has a choice between two acceptable alternatives, they should choose the one that will report less profit, less asset amount, or a greater liability amount. This is based upon Conservatism principle.
A person who does accounting or accountancy is called an accountant. Accountants may use titles like "Chartered Accountant," "Certified Public Accountant," or "Registered Public Accountant" after passing certification tests offered by respective professional organizations.
These experts may be held accountable for professional wrongdoing and are given specific duties by legislation, such as the authority to certify an organization's financial accounts. Non-qualified accountants have no legal rights or duties and are free to operate independently or in the employ of a competent accountant. An accountant may work for a company that regularly needs accounting services or they may be a member of an accounting firm that offers accounting consulting services to other companies.
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sodexo, a leading food and facilities management services company in north america, deals primarily in the areas of serving
Sodexo, a leading food and facilities management services company in North America, deals primarily in the areas of serving corporate facilities management services.
What is Sodexo?Sodexo is company based in North America serving 100 million customers per day in 53 countries by means of special food cuisine, facilities management, employee benefits, and personal home services.
Some of the major services provided by Sodexo are Corporate facilities management services, Food delivering at work & business catering, employee and guest services such as visitor and concierge services, digital transformation services for corporate, social responsibilities services.
Thus Sodexo group is a leading service provider in food and facilities management services company in North America.
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what refers to how well a system can adapt to increased demands?
The ability of an organization to adapt to changing workloads or market demands is referred to as scalability. Scalable businesses may quickly grow output to meet demand while also benefiting from economies of scale.
What does the capacity to start a system entail?An identical copy of a system's data is a backup; getting a system back up and running after a failure or crash is recovery.
What phrase describes the resources of a computer system being available whenever needed?Cloud computing is, in a nutshell, the on-demand availability of computer system resources, particularly data storage (cloud storage) and computational power, without direct active supervision by the user.
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Answer:
Explanation:
scalability
fig garden is a popular chain of restaurants for authentic italian food. recently, a customer found a dead insect in the pasta he was served. the customer's negative review about the restaurant went viral. fig garden's chief executive officer (ceo) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. in this scenario, which of the following does fig garden's ceo demonstrate?
B. Crisis Management
In this scenario, the CEO of Fig Garden demonstrates crisis management, which is a strategy used by organizations when a negative situation involves the company and threatens its credibility with its stakeholders.
Crisis Management is a process- and strategy-based approach used by an organization to identify and respond to a threat, an unexpected event, or any negative disruption that has the potential to harm people, property, or business processes. A crisis management plan is required if any event is to become a crisis.
Natural disasters, active shooter scenarios, terrorist events, mass violence occurrences, and even global pandemics can occur at any time, with or without warning. Aside from the immediate threat to people, property, and processes, crises and critical emergency events frequently have unanticipated and cascading effects on employee morale, brand reputation, customer satisfaction, and even the supply chain.
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The complete question is:
Fig Garden is a popular chain of restaurants for authentic Italian food. Recently, a customer found a dead insect in the pasta he was served. The customer's negative review about the restaurant went viral. Fig Garden's chief executive officer (CEO) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. In this scenario, which of the following does Fig Garden's CEO demonstrate?
A. Audience control
B. Crisis management
C. Letharsy
D. Experiential selling
If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the.
If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the consumer does not purchase the good.
In behavioral economics, willingness to pay (WTP) refers to the maximum price at or below that a consumer will definitely pay to purchase one unit of a particular good. It corresponds to the standard economic view of a consumer reservation price or the value a customer places on the product. Some economists conceptualize WTP as a range rather than a single price. Hence, if a price of product is above the price range that the consumer is willing to pay, it is highly likely that consumer will not purchase the product or service. As the price of the good $17 is higher that the perceived price value of the good $15, the consumer does not purchase the good.
Note: The question is incomplete and probably the complete question is: If a consumer places a value of $15 on a particular good and the price of the good is $17, then the: a. consumer has a consumer surplus of $2 if he or she buys the good. b. consumer does not purchase the good. c. market is not a competitive market. d. price of the good will fall due to market forces.
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Which of the following types of families is likely to have the least need for a large amount of life insurance?
A) a blended family
B) a traditional family
C) a single person family
D) a sandwiched family
a single person family is types of families is likely to have the least need for a large amount of life insurance.
How Does Life Insurance Work?Your contract with an insurance company is known as life insurance. Essentially, the insurance provider will give your dependents a lump sum, known as a life insurance, in return for your monthly premiums. The funds are available for use by your recipients for any objective.
I should purchase life insurance when I am how old?Although you may not "need it," your 20s are the greatest age to purchase affordable term life insurance. You typically receive the most reasonable rates when you're younger and healthier since you pose less of a risk to an insurer.
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TRUE/FALSE. evidence is used to a decision whenever the decision process combines hard, objective facts with qualitative inputs
When a decision-making process mixes hard, objective facts with qualitative inputs, it uses TRUE evidence.
What function does evidence have in making decisions?Making better decisions and guiding actions that have the desired effect are the goals of evidence-based practice. The finest available evidence and critical thinking are the foundations of an evidence-based approach to decision-making.
What is decision-making supported by facts?Fact-based decision making is a disciplined process that calls for careful consideration before processes and procedures are evaluated in order to gather the right data and then have unbiased, nonjudgmental analysis to extract those facts that are crucial for making decisions and predicting the future.
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following is a series of statements related to the graph below: i. the ending inventory for period iv is approximately 0. ii. the inventory level increases during period i. iii. starting inventory for period i is greater than 0. iv. there are back orders at the end of period ii. which of the above statements are true? Group of answer choicesI, only is true.I, II, and IV are true.I, III, and IV are true.All of the statements are true.The correct combination is not given
Based on the graph below, the correct following statments are:
The ending inventory for period IV is approximately 0 (i)Starting inventory for period I is greater than 0 (iii)There are back orders at the end of period II (iv)Hence, the correct group of answer is I, III, and IV (B).
Inventory in this case represents the amount of products stocked in a warehouse. In this case, the amount of inventory could be calculated by looking at the gap between the cummulative demand and cummulative output available.
When the cummulative output available is higher than the cummulative demand, there will be some outputs unsold and stored as inventory.
When the cummulative output available is lower than the cummulative demand, there will be some demands unable to meet by the output available. This condition is called as back orders.
Based on the graph below, we know that at the beginning of period I, there are some inventories left from the previous period. Hence, the beginning inventory of period I is greater than 0.
However, along with period I comes along, the amount of cummulative demand raises faster than the cummulative output available. This condition leads to decreasing inventory during period I.
This condition happened until the period III. The low growth of cummulative output available will leads to back orders when some of cummulative demands are unable to meet by the company. This back orders happen for most of period II.
The cummulative output available then grows back faster in period III and meets with the cummulative demand at around similar poit in period IV. When the cummulative demand and cummulative output available meets, we could expect that all output available would be sold and no inventory would be left in this period.
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