According to the CPA professional code of conduct, it is to be noted that in the above scenario, the best form of advertising and marketing that Sabrina can use is "Placing a yellow pages ad that states that Sabrina is a tax expert' if she, in fact, can demonstrate that she has expertise in the area as a result of education, training, or experience." (Option B)
What does the CPA Code say about Advertising?A CPA may not engage in misleading and fraudulent advertising activities under the Advertising and Other Forms of Solicitation Rule of the AICPAs Code of Professional Conduct.
The CPA business should carefully consider the advantages of presenting its message to potential clients through advertising. Advertising is not sloppy; it is an excellent business.
The updated Code creates a conceptual framework for all professional accountants to assure compliance with the five key principles of ethics:
Integrity, Accountability, Transparency, and Accountability.Objectivity.Due Care and Professional CompetenceConfidentiality.Professionalism in Action.Learn more about CPA Code:
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Cruise Industries purchased $10,800 of merchandise on February 1, 2017, subject to a trade discount of 10% and with credit terms of 3/15, n/60. It returned $2,500 (gross price before trade or cash discount)on February 4. The invoice was paid on February 13. Instructions
(a) Assuming that Cruise uses the perpetual method for recording merchandise transactions, record the purchase, return, and payment using the gross method.
(b) Assuming that Cruise uses the periodic method for recording merchandise transactions, record the purchase, return, and payment using the gross method.
(c) At what amount would the purchase on February 1 be recorded if the net method were used?
The journal entry to record the purchase, return, and payment using the gross method is: Debit Inventory $10,800, Credit Accounts Payable $9,720, Credit Trade Discount $1,080.
How to prepare journal entry?Cruise Industries journal entries
Feb 1, 2017
Debit Inventory $10,800
Credit Accounts Payable $9,720
($10,800 - $1,080)
Credit Trade Discount $1,080
(10%× $10,800)
(To record goods purchased on account)
Feb 4, 2017
Debit Accounts Payable $2,250
($2,500 -$250)
Debit Trade Discount $250
(10% × $2,500)
Credit Inventory $2,500
( To record goods return to supplier)
Feb 13, 2017
Debit Accounts Payable $7,470
($9,720 - $2,250)
Credit Cash $7,245.9
($7,470 - $224.1)
Credit Discount $224.1
[($9,720 - $2,250) × 3%]
(To record payment made to the creditor after getting discount)
Therefore the entry is Debit Inventory, Credit Accounts Payable, Credit Trade Discount.
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Inaccurate forecasts can result in negative outcomes like: O High inventory costs and increased profits O Low inventory costs and stockouts O Imbalances in supply and demand O Material shortages and decreased costs of obsolescence
Inaccurate forecasts can result in negative outcomes like Imbalances in supply and demand. Thus the correct option is C.
What is the Outcome?Any topic's outcome gives information about the subject, including the major point, which aids the reader in evaluating the topic's advantages and disadvantages and formulating a conclusion as a result.
The availability of the desired item on the market is referred to as supply. If the supply of the requested commodities is not met, there is scarcity, which is brought on by an imbalance between supply and demand as a result of poor forecasting.
Inaccurate forecasting might result in poor judgments that harm your business rather than support your development strategies.
Therefore, option C is appropriate.
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A charity organization had a fundraiser where they sold each ticket for a fixed price. After selling 200200200 tickets, they had a net profit of \$12{,}000$12,000dollar sign, 12, comma, 000. They had to sell a few tickets just to cover necessary production costs of \$1{,}200$1,200dollar sign, 1, comma, 200.
To cover the necessary production costs, they had to sell P(n) = 66n1200 tickets.
Let x be the revenue collected from selling each ticket.
We have been given that a charity organisation had to sell a few tickets just to cover necessary production costs of $1200. On selling 200 tickets, they had a net profit of $12,000.
Net profit = Total revenue- Cost
12000 = 200x - 1200
12000 + 1200 = 200x
13200 = 200x
x = 13200/200
x = 66
The revenue collected from selling each ticket is $66.
The profit from selling n tickets will be 66n.
Production costs = 1200
P(n) = 66n - 120C
our desired function will be: P(n) = 66n - 1200
Sales is cash delivered into a organization by using its business sports. There are specific ways to calculate sales, relying on the accounting technique employed. Accrual accounting will consist of income made on credit as revenue for items or services added to the patron. under positive guidelines, sales is diagnosed even if price has now not yet been received.
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According to the assumptions of the quantity theory of money, if the money supply increases 5 percent, then a. both the price level and nominal GDP would rise by 5 percent. b. the price level would rise by 5 percent and nominal GDP would be unchanged. c. the price level would be unchanged and nominal GDP would rise by 5 percent. d. both the price level and nominal GDP would be unchanged.
Option (B). The price level would rise by 5 percent and nominal GDP would be unchanged.
Which is the assumption of quantity theory of money?
The Quantity Theory of Money (QTM) also assumes that the amount of money in an economy has a large impact on its economic activity. Changes in the money supply therefore lead to changes in the price level, changes in the supply of goods and services, or both.
What do you mean by Price level?
The price level is the average current price across the range of goods and services produced in an economy. More generally, price level refers to the price or cost of goods, services, or security in the economy.
How can you find the price level?
But how do you find the price level? Economists measure the price level with a price index. A price index is a number whose movement reflects the movement of the average price level. A 10% increase in the price index means a 10% increase in the average price level.
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the critical path for the network activities shown below is ________ with duration ________.
The critical path for the network activities shown below is A-D-E with duration 13.
What is Critical path?
Generally, The sequence A-D-E with a length of 13 seconds is the crucial route for the network activity indicated below.
Critical path activities are those activities that, if they are not finished on time, will cause a delay in the completion of the whole project.
In this particular scenario, action A serves as a direct antecedent for both activity D and activity E, which is the very last activity.
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earning more income on borrowed money than the related interest expense is called ________.
Earning more income on borrowed money than the related interest expense is called Leveraged Income.
What does interest expense referred to as?
An interest expense, also known as a finance cost, a borrowing cost, or an interest payment, is the cost incurred by an entity for borrowed funds. On the income statement, interest expense is a non-operating expense. It denotes the interest payable on all borrowings, including bonds, loans, convertible debt, and lines of credit.
What is Convertible Debt?
Convertible debt is a loan or debt instrument that can be converted into equity, usually common stock, at the holder's discretion. This type of financing is frequently used by early-stage companies seeking to raise capital but lacking the resources to issue equity. The investor provides capital in the form of a loan, but the loan can be converted into equity at a later date if the company meets certain criteria.
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Which of the following is an example of incidental damages you might be awarded if you are wrongfully terminated from your job?a. the costs of mailing resumes to prospective employersb. the costs of cosmetic surgeryc. the costs of psychological counselingd. the costs of a new wardrobe for future interviews
An example of incidental damages you might be awarded if you are wrongfully terminated from your job is the costs of mailing resumes to prospective employers.
Incidental damages- Incidental damages are expenses incurred by the non-breaching party to avoid other direct and consequential losses resulting from the breach.
The following types of damages are possible:
1] Ordinary damages. 2] Special damages. 3] Vindictive or Exemplary damages. 4] Nominal damages. 5] Damages for Deterioration caused by Delay. 6] pre-fixed damages.
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Which of the following statements is true of explicit switching costs?
a. Explicit switching costs involve a penalty levied for terminating a deal or contract.
b. Explicit switching costs are recurring in nature.
c. Explicit switching costs are variable in nature.
d. Explicit switching costs are concerned with the indirect costs in time and money.
A penalty assessed for breaking a transaction or contract is referred to as an explicit switching cost.
What is a good illustration of the a switching cost?For instance, it would be difficult to compete with a grocery store if it provided free delivery but none of its rivals did. Because switching to the a different food store that does not offer free delivery would cost customers more money, time, and effort, the supermarket does have a high switching cost.
What are the alleged switching costs?Therefore, reported switching costs are a product of subjective assessment of experience and/or observation of others' relationship experiences; as a result, purchasers may feel switching costs of the a relationship without switching from a seller.
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Exquisite Jewelers is developing its annual financial statements for 2015. The following amounts were correct at December 31, 2015: cash, $58,000; accounts receivable, $71,000; merchandise inventory, $154,000; prepaid insurance, $1,500; investment in stock of Z corporation (long-term), $36,000; store equipment, $67,000; used store equipment held for disposal, $9,000; accumulated depreciation, store equipment, $19,000; accounts payable, $52,500; long-term note payable, $42,000; income taxes payable, $9,000; retained earnings, $164,000; and common stock, 100,000 shares outstanding, par value $1.00 per share (originally sold and issued at $1.10 per share).
1) Based on these data, prepare a December 31, 2015, balance sheet. (Amounts to be deducted should be indicated by a minus sign.)
Image for Exquisite Jewelers is developing its annual financial statements for 2015. The following amounts were correct
Article 112 of the Constitution requires the authorities to existing to Parliament a statement of estimated receipts and expenditure in recognize of each economic year, from April 1 to March 31.
This statement is known as the annual economic statement.
What is the purpose of annual economic statements?Financial statements supply a image of a corporation's financial health, giving perception into its performance, operations, and money flow. Financial statements are vital due to the fact they supply records about a company's revenue, expenses, profitability, and debt.
Revenue and capital sections collectively shape the Union Budget, so the Annual Financial Statement is essentially the Budget of the government.
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https://brainly.com/question/14615122#SPJ4the broccoli market is perfectly competitive. this means that the price of broccoli is than the price would be if the market was monopolistically competitive, and broccoli output is than if it was monopolistically competitive. a) higher; lower b) higher; higher c) lower; higher d) lower; lower
The broccoli market is perfectly competitive, this means that the price of broccoli is lower than the price would be if the market was monopolistically competitive, and broccoli output in the market is higher than if it was monopolistically competitive.
What is a monopolistic competition?A monopolistic competition refers to a type of imperfect competition that exist when there are many producers competing against each other but selling products that are differentiated from one another and hence are not perfect substitutes
A restaurants, hair salons, household items, and clothing are examples of industries with monopolistic competition.
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A client uses a perpetual inventory system. Would one expect a credit to which of the following accounts at the point of sale?Sales InventoryA. Yes YesB. Yes NoC. No YesD. No NoMultiple ChoiceOption AOption BOption COption D
YES NO, the correct answer is option (B).
what is periodic inventory system?
The stock control system is a method of actually counting the inventory at present intervals in order to value it for the purposes of financial reporting. This method of accounting involves taking inventory at the beginning of each shift, adding new stock items over the course of the period, and deducting ending inventories to determine the cost of the goods sold (COGS).Under the periodic inventory approach, a company won't be aware of its unit product offerings or COGS until the entire operation is complete.
For a business with a tiny proportion of SKUs working in a slow industry, this approach might be appropriate, but for all other businesses, the permanent inventory management system is favoured for the following important reasons:
The periodic approach is time-consuming and might result in stale figures that are less relevant to management. The everlasting existing system refreshes the determines the appropriate registry in an industry's database management system, improving processes an instantaneous view of inventory.To learn more about periodic inventory system:
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If a company uses the direct write-off method of accounting for bad debts,
a. It is applying the matching principle.
b. It will record bad debt expense only when an account is determined to be uncollectible.
c. It will reduce the accounts receivable account at the end of the accounting period for estimated uncollectible accounts.
d. It will report accounts receivable in the balance sheet at their net realizable value.
If a company uses the direct write-off method of accounting for bad debts It will record bad debt expense only when an account is determined to be uncollectible.
The obligation to pay money or other agreed value to a third party, a creditor, is called a debt. Debt differs from an immediate purchase in that payments are deferred or in installments. A sovereign state or country, city government, company or individual may be liable for the debt.
Contractual provisions governing the amount and timing of principal and interest payments typically apply to commercial debt. Debt includes mortgages, bonds, notes, and loans. In contrast to equity, debt is a form of financial transaction in financial accounting. The phrase can also be used figuratively to refer to tasks of a moral nature and other relationships that do not require the exchange of money.
Hence the correct option is C.
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a business incurs a ___________ if its costs and expenses exceed its revenues.
TRUE/FALSE. back in 2011, latin americans working in the united states sent an estimated 61 billion dollars to latin america.
Back in 2011, latin americans working in the united states sent an estimated 61 billion dollars to latin america. This is a true statement.
French ruler Napoleon III. He had a keen interest in expanding French commercial and political power in the region. He and his economic promoter Felix Berry called it "Latin America" to emphasize the Latin American background shared by France with the former viceroyalty of Spain and the Portuguese colony. The United States has attracted people from all over the world, bringing their own cultures and integrating them with what they find in America. The British founded the United States and therefore have the greatest influence on American culture. Other Europeans such as Germans, Irish, Italians and Russians also had a great deal of influence.
Africans were introduced as slaves and brought their own culture, making him one of the oldest contributing cultures in the United States. There are also Native Americans we found when the English and Spanish arrived. There is also a lot of influence from Asians. One of the most noticeable impacts is on the approximately 60 million Latin Americans in the United States. In summary, the United States is a melting pot because so many cultures contribute to the nation's culture.
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Observing "with binoculars" involves
Multiple Choice
overcoming bias by looking at alternate perspectives.
looking at a situation in an unrealistically favorable light.
being mindful when observing.
stepping back from a situation.
Observing "with binoculars" involves looking at a situation in an unrealistically favorable light.
Thus, the correct option is B.
What do you mean by Observation?One way to get information for study is through observation. It entails keeping track of pertinent behavior while observing a participant for later analysis.
When a researcher wants to look at how kids share toys, for instance, they can use the observational technique of research. He could watch some kids playing in the classroom and note what they say or do that influences who gets to use a prized object.
The observation approach has the benefit of offering concrete proof of the event under study. In the aforementioned illustration, the researcher obtains information on the children's actual ability to share or not share.
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debt financing refers to avings realized by consolidating loans. tax savings accrued on bad debts. funds raised through selling ownership in the firm. funds raised through various forms of borrowing.
Debt financing refers to funds raised through various forms of borrowing.
Debt financing is the alternative of fairness financing, which includes issuing stock to elevate cash. Debt financing happens when a firm sells constant profits products, including bonds, payments, or notes. not like equity financing in which the lenders get hold of stock, debt financing have to be paid again.
Debt financing is when a organization raises cash by taking away a loan and then repays that mortgage over time with hobby. that is additionally referred to as borrowing on credit.
It is able to come from selling bonds, payments, or notes to lending establishments, or from private investors who aren't looking to receive equity in your enterprise.
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1. All of the following are considered fixed assets EXCEPT building. Truck. Land. accounts receivable. 2. If a purchased item is long-lived but not used in normal operations, the asset is classified and recorded as a(n) fixed asset. Investment Expense. contra asset. 1. All of the following fixed assets are depreciated EXCEPT building. Truck. Land. equipment. 2. The difference between a fixed asset’s initial cost and residual value is known as its depreciable cost. book value. accumulated depreciation. net revenue 3. Which of the depreciation methods is called an accelerated depreciation method? Straight-line method Double-declining-balance method Units-of-activity method All of these choices are correct. 4. The journal entry to record costs related to extraordinary repairs would include a __________ to __________. credit; Accumulated Depreciation debit; Accumulated Depreciation debit; Cash credit; the respective asset account 1. Assume that equipment acquired at a cost of $10,000 is fully depreciated. On June 30, the equipment is discarded. The entry to record the discard would be to debit __________ and credit __________. Equipment; Accumulated Depreciation—Equipment Accumulated Depreciation—Equipment; Equipment Equipment; Depreciation Expense—Equipment Accumulated Depreciation—Equipment; Depreciation Expense—Equipment 2. The entry to record the sale of equipment at book value would include a __________ to __________. debit; Loss on Sale of Equipment credit; Cash debit; Accumulated Depreciation credit; Accumulated Depreciation 1. Which of the following is NOT a characteristic of natural resources? Removed for sale Exist physically Naturally occurring Removed and sold over more than one year 2. The journal entry to record depletion would include a __________ to __________. debit; Depletion Expense credit; Depletion Expense debit; Accumulated Depreciation credit; Natural Resource Expense
1. All of the following are considered fixed assets EXCEPT D. accounts receivable.
b) If a purchased item is long-lived but not used in normal operations, the asset is classified and recorded as A) a fixed asset.
c) All of the following fixed assets are depreciated EXCEPT C. Land.
2. The difference between a fixed asset’s initial cost and the residual value is known as its A) depreciable cost.
3. The depreciation method called an accelerated depreciation method is B) the Double-declining-balance method.
4. The journal entry to record costs related to extraordinary repairs would include a debit to the respective asset account. and a credit to Cash.
b) Assume that equipment acquired at a cost of $10,000 is fully depreciated. On June 30, the equipment is discarded. The entry to record the discard would be to debit Accumulated Depreciation and credit Equipment.
c) The entry to record the sale of equipment at book value would include a debit to Cash.
5. This is NOT a characteristic of natural resources: A) Removed for sale, but it is removed and sold over more than one year.
b) The journal entry to record depletion would include a debit to Depletion Expense.
What are fixed assets?Fixed assets are the assets class that last more than one year.
Fixed assets are usually employed in the production of corporate revenue.
Some examples of fixed (long-term) assets include:
ToolsVehiclesFurniture and fixturesMachinery and equipmentBuildings and factoriesLeasehold improvementsLand used for business operationsComputer hardware, software, and office equipment.Learn more about fixed assets at https://brainly.com/question/24147620
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Which of the following accounts is credited by the seller when tax is collected on retail sales?! O A. Payroll Tax OB. Sales Tax Payable O c. Unearned Revenue OD. Accounts Payable
Sales Tax Payable accounts is credited by the seller when tax is collected on retail sales. Hence option (b) is the answer.
Is sales tax payable liability or expense?The total amount of sales taxes a company has gathered from clients on behalf of a governing tax authority is maintained as sales taxes payable. The company is responsible for timely remitting these monies to the government as the custodian of those funds. Typically, sales tax and use tax are shown as current liabilities on the balance sheet.
Due to the fact that the tax is a proportion of overall sales, they are both paid directly to the government and are based on the number of goods or services sold. The sales tax collected from customers on behalf of the overseeing tax authority is recorded in the balance sheet as a liability account called Sales Tax Payable.
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assume that the federal reserve (fed) sets the federal funds rate target at 4% and conducts open market operations to hit the 4% target. shift the appropriate curve to show the fed meeting its target. federal funds rate reserves at the fed 0 10 20 30 40 50 60 70 80 90 100 0 1 2 3 4 5 6 7 8 9 10 federal funds rate (current) federal funds rate (target) demand for reserves supply of reserves
The FFR in a roundabout way influences even longer-term hobby rates. Investors desire a greater fee for a longer-term Treasury note. The yields on Treasury notes in a roundabout way force long-term traditional personal loan hobby rates.
When the Federal Reserve decreases the federal cash goal charge the decrease fee is done through?This alternative is right because to decrease the federal fund's target rate, the Federal Reserve purchases authorities bonds which reduces the pastime rate, and extra cash in terms of the reserve is stored through the people of the nation.\
When the Fed will increase rates, the market costs of present bonds right now decline. That's due to the fact new bonds will soon be coming onto the market providing buyers greater pastime rate payments.
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https://brainly.com/question/25843620#SPJ4Assume that the US makes only burgers. In 2010, the US made and sold 1 billion burgers at a price of $2 each. In 2011, the price of burgers is $2.50. The year 2011 is selected as the base year. In 2010, real GDP is $___ billion.
Assume that America exclusively produces hamburgers. At a cost of $2 each, the US produced and sold 1 billion hamburgers in 2010. The cost of a hamburger in 2011 is $2.50. The base year is chosen to be 2011. The real GDP in 2010 is $2.5 billion.
How is the actual GDP calculated?Examining the rate at which all commodities and services generated in a country for a particular year, real GDP is a measure that takes inflation into account. A fixed cost price is what's referred to as foundation year costs, and it's listed there. GDP adjusted for inflation is another name for it, as well as GDP at constant prices.
Being able to determine an economy's size and health using GDP is important. A common metric for assessing the state of the economy is the real GDP growth. The expansion of real GDP is typically regarded as a sign that the economy is doing well.
Real GDP is determined as the sum of current-year quantities and base-year prices for all items.
Real GDP= Base year price X current year quantity
Real GDP= $2.50 x 1,000,000,000
Real GDP= 2.5 billion
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Alan is recording payroll that was processed outside of QuickBooks. Which QuickBooks function would be most useful? Payroll summary Pay bills Journal entries New invoice
Answer:
what are the answers
Explanation:
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the cover-up drapery company carries four types of fabric with the following characteristics: type annual demand (yards) item cost per yard 1 300 $20 2 250 $18 3 100 $12 4 200 $8 assume that the items are to be ordered together from the same supplier at an ordering cost of $20 per order and an annual carrying cost of 20 percent. also assume 300 working days in a year. click here for the excel worksheet file use this file to solve problems suppose you are the supplier of the cover-up drapery company. it costs $2000 each time you change over your fabric-producing machine from one type to another (1, 2, 3, or 4). assume that your carrying cost is 30 percent. a. what lot sizes would the supplier of fabric prefer to make for items 1, 2, 3, and 4?
A supplier is a person, employer, or organization that sells or resources some thing which include goods or gadget to customers.
fabric is fabric or other cloth produced via weaving together cotton, nylon, wool, silk, or different threads. fabric are used for making things such as clothes, curtains, and sheets.
In commercial enterprise, a provider is a person or an entity who grants pinnacle-notch offerings and items from supplier at reasonable expenses to outlets or vendors for sale. They offer deliverables inside the shape of raw substances, which the producers later technique into marketplace-equipped end products.
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When an operations manager engages in _____, he or she has purchased raw material or component parts on the Internet.A. e-procurementB. computer-assisted buyingC. Internet purchasingD. e-tailingE. e-management of inventory
When an operations manager engages in e-procurement, he or she has purchased raw material or component parts on the Internet. Hence option (A) is the answer.
What is the meaning of e-procurement?Online ordering, requisitioning, and purchasing of goods and services is known as electronic procurement, also referred to as e-procurement or supplier exchange. This process takes place between businesses. E-procurement, in contrast to e-commerce, uses a closed system from a supplier and is only accessible to registered users.
Through the provision of an integrated suite of procure-to-pay applications for purchase requisitions, sourcing, auctions, spend analysis, billing, contract, and vendor management, it seeks to streamline and facilitate the purchase processes. The majority of people thought that obstacles to the implementation of e-procurement included a lack of political will and top-level commitment, staff ignorance and incompetence.
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chess is an example of a(n) _____-move game because each player must wait his or her turn to move and each player bases decisions on what the other player did previously.
Chess in an example of a sequential move game because each player must wait his or her turn to move and each bases decisions on what the other player did previously.
Why is Chess a sequential game?In game theory, a sequential game refers to a game where one player chooses their action before the others choose theirs. Here, the other players do have an information on the first player's choice so that the difference in time has no strategic effect. A sequential games are governed by the time axis and represented in the form of decision trees and with perfect information, they can be analysed mathematically using combinatorial game theory.
A combinatorial games are also usually sequential games. Some games such as chess, infinite chess, backgammon, tic-tac-toe and Go are examples of a sequential games.
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when a customer places an order (on account) for a certain product, what should be done before the order is checked for inventory availability? group of answer choices the customer's available credit should be checked. the sales order should be created and written to a file. shipping should be notified of an order in process. a picking list should be generated for the warehouse.
When a consumer orders a product (on account), the customer's credit limit should be examined.
How can I find out what credit is available?The amount you still have to spend throughout a payment cycle is your available credit. By deducting your current balance from the card's credit limit, you may figure out how much credit you have available.
When should customers run a credit check?It is advised by the CFPB that you review your credit reports at least once each year. But monitoring your credit history and active credit accounts more frequently can provide you with a more realistic picture of your financial situation, so you might want to think about getting a free credit report every four months.
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a false statement about a person’s business can give rise to liability for defamation.
a. true
b. false
A false statement about a person’s business can give rise to liability for defamation. This is true.
Which of the following does not provide an absolute defense against defamation charges?
A letter of recommendation writers has some protection from being falsely accused. A limited privilege exists for whistleblowers against libel.
Which of the following actions would fall under the strict responsibility doctrine?
Product liability, unusually risky activities (like blasting), cattle trespassing onto another person's property, and ownership of wild animals are some noteworthy examples of strict liability in the area of torts.
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true or false: brands are sold either under a common/family name or as an individual brand.
Brands are sold either under a common/family name or as an individual brand True.
A family brand quillet: What is it?Branding a family. several products with the same trademark. Likewise known as umbrella branding.
Which two forms of brand ownership methods are the most common?Manufacturer brand and retailer/store brand are the two fundamental types of brand ownership methods. Give examples of each of the ownership strategies for those two brands to illustrate the differences. Any business in the supply chain, including producers, wholesalers, and retailers, has the ability to own brands.
A brand quizlet: what is it?a name, phrase, logo, or other distinguishing mark that identifies a company or organization, its goods, or sets it apart from rivals.
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barnard inc. variable costing income statement for the year ended march 31, 20y1 sales $648,000 variable cost of goods sold: variable cost of goods manufactured $364,000 inventory, march 31 (52,000) total variable cost of goods sold (312,000) manufacturing margin $336,000 total variable selling and administrative expenses (76,800) contribution margin $259,200 fixed costs: fixed manufacturing costs $165,200 fixed selling and administrative expenses 52,800 total fixed costs (218,000) operating income $41,200
The income statement can be defined as a company’s one of the most important financial statements that indicates profit and loss for an accounting yea
How did this occur?
Let us assume that the number of goods were 10000. For the variable costing concept, the unit cost of goods manufactured is calculated by dividing the total variable cost of goods manufactured ($827400) by the number of units (10,000), resulting in a unit cost of $82.74. For the absorption costing concept, the unit cost of goods manufactured is calculated by adding the total variable cost of goods manufactured ($827400) and the total fixed manufacturing costs ($378000) and then dividing the result by the number of units (10,000), resulting in a unit cost of $120.54.
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when communicating student exam results to stakeholders, it's important to ensure that they have a clear understanding of the context, methods, and results of the assessment data. this includes which of the following? select all that apply:
The main objective of any communication of assessment results should be to inspire action. Accordingly, outcomes have the highest likelihood .
How do you inform pupils of assessment results?Gratitude for taking the test is due. Recognize that you are aware that exams are typically difficult. In order to make your learning as relevant as possible when you are enrolled in the ABE program, explain what the score can inform the student and teacher (we can know where your strengths are and where we need to focus your lessons).
How do you inform stakeholders of evaluation results?A centralized and open source for all test results must be established in order to convey test results to stakeholders. Once that has been done, the link needs to be sent via email to every team member so that everyone can access them, including stakeholders outside the testing team.
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annuities are more attractive for people who expect to live only a short time.
False. Annuities are not more attractive for people who expect to live only a short time.
What are annuities?The purpose of an annuity, a long-term investment provided by an insurance company, is to lessen your chance of outliving your income. Your purchase payments (what you give) are transformed into recurring payments that may last a lifetime through annuitization.
A predetermined sum of money that you will receive annually for the rest of your life is called an annuity. An annuity is a contract that you have with an insurance provider that calls for regular payments to be made by the insurer to you, either now or in the future.
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Annuities are more attractive for people who expect to live only a short time. T or F
