Answer:
exculpatory clause
Explanation:
Exculpatory clause in contracts is a clause that protects the person issuing it from liabilities of damages to an asset that may not be in their possession or out of their control. It prevents one party from the holding the other liable for damages to an asset during the execution of a contract. This is what Jack has done to protect himself from the liabilities that may result from any damages during the contract.
An unplanned increase in inventories _______. A. occurs when real GDP exceeds aggregate planned expenditure, so firms decrease production and real GDP decreases B. occurs when real GDP exceeds aggregate planned expenditure, so firms increase production and real GDP increases C. occurs when aggregate planned expenditure exceeds real GDP, so firms increase production and real GDP increases D. occurs when aggregate planned expenditure exceeds real GDP, so firms decrease production and real GDP decreases E. increases investment, which increases equilibrium expenditure and real GDP
Answer: C. occurs when aggregate planned expenditure exceeds real GDP, so firms increase production and real GDP increases
Explanation:
When the Aggregate expenditure which is also known as Aggregate demand, exceeds the real GDP, it means that there is more demand for goods in the economy than the economy has currently produced.
Producers would therefore increase their production level in order to meet up with the new demand and return to a level of inventory that they are comfortable with. This increased production was not planned so any inventory it yields is unplanned as well.
What is not true regarding tax forms? Multiple Choice The objective of the tax form is to provide information to federal and state tax authorities. Tax forms include: Federal and State income tax returns, Federal Payroll Forms and Federal Form 1099. When preparing tax returns, a company uses different rules from those used to prepare financial statements. When preparing tax returns, a company uses the same rules as those used to prepare financial statements.
Answer:
Explanation:
When preparing tax returns, a company uses different rules from those used to prepare financial statements.
If it is impractical for a company to adapt to the situation in a developing-country market, the company should ______.
Answer:
avoid that market.
Explanation:
Developing countries can represent a good business opportunity for companies that want to achieve market gain and profitable advantages. Some of these advantages can be the lower cost of the initial investment, tax incentives for the company to establish itself in that country, cheaper labor, and other advantages that imply a more advantageous and competitive value chain for such an organization.
But on the other hand, developing countries can also pose risks for companies, especially when there is political risk that can make it difficult to operate the company effectively and result in capital and investment losses. When there are such risks, the best thing for companies is to avoid that market and look for one whose adaptation to the market situation of the developing country is totally favorable for business.
Mercedes has decided that she wants to be an electrician. She discovers that her local power company has a program where she can get on-the-job experience and go to school. This will eventually get her the background she needs to be an electrician. What kind of program is this?
A.
gap year
B.
apprenticeship
C.
advanced degree
D.
certificate program
Answer:
B
Explanation:
An apprenticeship lets you work and go to school while teaching you how to correctly do the job.
The Fed can manipulate the reserve ratio in order to influence the ability of commercial banks to do what
Answer:
loan out money
Explanation:
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. The lower the ratio, the higher the increase in money supply
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Management should conduct a ________ to identify those controls that are most appropriate and provide the greatest benefit to the organization given the available resources.
Answer:
cost-benefit analysis
Explanation:
A cost-benefit analysis (CBA) is the process that are applied to determine the decision benefits or the actions are taken minus the cost along with the actions. It includes the financial metrics like revenue or the cost i.e. saved
So here in the given situation the cost benefit also provides the high benegits to the organization by having the resources
Therefore the above should be the answer
what are the main functions of HR department
Answer:
Personnel administration.
Personnel recruitment and selection.
Compensation and incentive management.
Development of a positive work climate.
Employee performance evaluation.
Staff training and development.
Labour relations.
Occupational health and safety.
Explanation:
The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.
Arthur buys a new cell phone for $150. He receives consumer surplus of $150 from the purchase. What value does Arthur place on his cell phone
Answer:
$300
Explanation:
Customer surplus may be explained as the additional benefit a customer earns over and above the amount paid. In other words, the amount paid is less than the amount customer is willing to pay for a certain product, hence. The additional benefit derived from paying less is the consumer surplus.
Therefore ;
Consumer surplus = Value - amount paid
From the question :
Consumer surplus = $150
Amount paid = $150
Hence,
Value = Consumer surplus + Amount paid
Value = $150 + $150
Value = $300
A Blue Cross/Blue Shield insurance plan that allows members to choose any provider, but offers higher levels of coverage when members obtain services from network providers would be an example of:
Answer:
Preferred Provider Organization (PPO)
Explanation:
A Preferred Provider Organization (PPO) refers to a Blue Cross/Blue Shield insurance and health plan that avail members the opportunity of choosing any of their preferred insurance or healthcare provider by collaborating with medical providers such as doctors, hospitals, etc, while offering higher levels of coverage when members obtain services from network providers.
Which of the following is not true regarding the purpose of an audit performed on a set of financial statements in accordance with generally accepted auditing standards? Group of answer choices to provide financial statement users with an opinion on whether the financial statements are presented fairly or not to provide users of the financial statements with an opinion on the financial statements to provide financial statement users with an opinion in accordance with the applicable financial reporting framework to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them
Answer:
to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors by using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Some examples of financial statements includes a balance sheet, cash-flow and income statement.
An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.
GAAP is an acronym for Generally Accepted Accounting Principles, it was adopted by the U.S. Securities and Exchange Commission (SEC) and is the comprehensive accounting rules and standard used in recording and reporting financial information.
In accordance with generally accepted auditing standards (GAAP), providing users of the financial statements with absolute assurance that the financial statements contain no errors in them is not a purpose of an audit performed on a set of financial statements.
This ultimately implies that, an auditor cannot give a client an absolute assurance that a financial statement wouldn't contain errors in them.
On August 1 of Year 1, an accountant collected cash in exchange for an agreement to provide consulting services for one year beginning immediately. Based on this information, the year-end adjustment required to recognize earned revenue will affect the ______.
Answer: See explanation
Explanation:
Since we are informed that on
August 1 of Year 1, an accountant collected cash in exchange for an agreement to provide consulting services for one year beginning immediately. From this information, the year-end adjustment required to recognize earned revenue will affect the revenue account as there'll be:
• decrease the balance in the unearned revenue account.
• increase the balance in the revenue account.
A financial institution near you advertises itself as especially oriented towards educators and teachers. What is the category this institution would most likely fall under
Answer:
Credit union.
Explanation:
A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.
Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.
In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.
Answer:
Credit union
Explanation:
Credit union is the category this institution would most likely fall under.
Diminishing marginal product suggests that Group of answer choices marginal cost is upward sloping. Adding additional workers will lower total cost. The firm is at full capacity. Additional units of output become less costly as more output is produced.
Answer:
The marginal cost is upward sloping.
Explanation:
This is because the marginal product of labor decreases as additional labor is employed which increases the marginal cost.
A sports entertainment company wants to research how Canadians spend their free time. It is preparing a survey that will be used in all of Canada, including the province of Quebec. Unlike Canadians from other provinces, the people of Quebec primarily speak French. The researchers are planning to use English and French versions of the survey. In preparing the surveys, they should use ________.
Answer: Backtranslation
Explanation:
Back translation is the process of interpreting a document or retranslating a document that had been translated into another language back to its main original language.
Since the researchers are planning to use English and French versions of the survey, then in the preparation of the survey, they should use backtranslation.
Mr. Garrett has just entered his MA Initial Coverage Election Period (ICEP). What action could you help him take during this time?
a.
If he has a disability, he must enroll in Original Fee-for-Service Medicare during the MA Initial Coverage Election Period.
b.
He will have a nine month period during which he may enroll in as many Medicare Advantage plans as he chooses, with the last enrollment being the effective one.
c.
He may change or drop MA plans, but may not drop drug coverage.
d.
He will have one opportunity to enroll in a Medicare Advantage plan.
The answer is that "He will have one opportunity to enroll in a Medicare Advantage plan".
It should be noted that the Initial Coverage Election Period (ICEP) simply refers to a period of time which is for three months before the person will be entitled to Medicare Part A.
Since Garrett has just entered his MA Initial Coverage Election Period, he will have one opportunity to enroll in a Medicare Advantage plan.
Read related question on:
https://brainly.com/question/18543454
Siiri invests 10 % in real estate, 40 % in mutual funds, 25 % in government bonds, and 25 % in stocks. what do Siri’s investment demonstrate?
Answer: Asset allocation
Explanation:
Asset allocation refers to the strategy of investing in different types of assets and investment vehicles so that the risks would be balanced by the rewards to be earned so that the investor will benefit.
Asset allocation is usually based on the investor's investment goals and their risk appetite. Those who are more risk tolerant will usually invest more in stocks so Siiri here is most likely risk averse but based on the percentage that went into stocks, they might be more risk neutral.
Suppose that each of the only two firms in an industry has the independent choice of advertising its product or not advertising. If neither advertises, each gets $10 million in profit; if both advertise, their profits will be $5 million each; and if one advertises while the other does not, the advertiser gets profit of $15 million and the other gets profit of $2 million. According to game theory, the Nash equilibrium is: Group of answer choices neither will advertise. both will advertise. one will advertise and the other will not. both may or may not advertise.
Answer:
both will advertise.
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing.
Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
The payoffs of advertising are either 5 or 15.
the payoffs of not advertising are either 10 or 2
the payoffs of advertising is higher than that of not advertising. Thus, the nash equilibrium is for the firms to advertise
Please find attached an image of the payoff matrix
Each of the following are classified as an operating activity except: multiple choice payment of salaries collection of credit sales receipt of dividend revenue purchase of short-term investments
Answer:
purchase of short-term investments
Explanation:
The operating activity deals in payment and receipts of the cash payment and cash receipts with regard to day to day expenses, sales, etc
It can involved the salaries payment, credit sales, dividend revenue
But does not include the purchase of short term investment as it is the part of the investing activity not the operating activity
Dan (driving his own car) picked up his friend Rodney to drive to their softball game. Both Dan and Rodney have a Personal Auto Policy (PAP) with $5,000 of medical payments coverage per person. Dan hit a parked car, and Rodney was injured, incurring $9,000 of medical expenses. How will this claim be settled under the other insurance provision of the PAP
Answer:
B) Dan's insurer will pay $5,000 and Rodney's insurer will pay $4,000.
Explanation:
Based on the information given How will this CLAIM BE SETTLED under the other insurance provision of the PAP 1 is that Dan's insurer will pay the amount of $5,000 since Both Dan and Rodney HAVE A PERSONAL AUTO POLICY (PAP) with $5,000 of medical payments coverage and Rodney's insurer will pay the amount of $4,000 ($9,000-$5,000).
Therefore the claim will be settled when Dan's insurer pay $5,000 and Rodney's insurer pay $4,000.
The buyer is assuming a mortgage presently on the property in the amount of $110,000. What is the adjustment made at closing
Answer:
debit seller 110k
credit buyer 110k
Explanation:
5. Give an example of 'Post Purchase Behavior being important in the buying
process of an individual buyer.
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
This would be my example of Post Purchase Behavior being important in the buying process of an individual buyer.
When an individual buys a car, the seller usually shows a great attitude to take care of the client, he continually answers questions and facilitates the process. But the deal is done, it seems that the salesman and the company automatically disappear.
Post Purchase Behavior is important in the buying process of an individual buyer because it really shows the interest and the willingness of the company to take care of their clients. Here is when the salesman or the customer care agent follows up and offers the client a series of services or options to make the client feel comfortable and assure him that he did the best purchase.
The customer care agent can frequently call the client or contact him through email, to ask about how he feels with his new car, if he has encountered any problems if the company can be of help, maybe offering the client a "thank you gift" to create a loyalty bond, and more.
Harold is a sales manager associated with TickTock Watches for the past thirty-five years; he was instrumental in the company's success. As an attempt to dissuade Harold from complete cessation of work, the management of TickTock Watches provided Harold with reduced working hours and offered him the role of a mentor. In this scenario, the arrangement offered to Harold by TickTock Watches is _____. Group of answer choices phased retirement early retirement bridge retirement voluntary retirement
Answer:
phased retirement
Explanation:
From the question, we are informed about Harold who is a sales manager associated with TickTock Watches for the past thirty-five years; he was instrumental in the company's success. As an attempt to dissuade Harold from complete cessation of work, the management of TickTock Watches provided Harold with reduced working hours and offered him the role of a mentor. In this scenario, the arrangement offered to Harold by TickTock Watches is phased retirement. Phased retirement can be regarded as range of employment arrangements that is been put in place, to give room to an employees that are already approaching retirement age so they can continue working in the firm with a reduced workload, so that t the end of the day they can experience a transition from full-time work into what is called full-time retirement. Phased retirement encompass pre-retirement as well as gradual reduction in work hours , it also contains post-retirement as regards pensioners that has wish to remain employed.
Glenda works for a telecommunications company and oversees the planning, execution, and closing of any large telecom projects for new clients. Glenda is what kind of manager
Answer:
Project manager
Explanation:
Glenda must be working as a project manager.
A project manager is a person that leads the team to design and execute projects within an establishment. He/she also ensures monitoring and control of resources in order to get maximum results.
Hence, Glenda must have been employed as a project manager for the telecommunication company.
Carlos is taking a class to learn presentation skills. Which type of communication is he using when he improves his PowerPoint slides?
Nonverbal
Verbal
Visual
Written
Answer:
visual ,i like your profile add my sn a p,joel.ewc123
Explanation:
If consumers are charged very high electricity rates in an area where there is only one electric company, this is known as...
Answer:
Monopoly
Explanation:
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.
Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.
Hence, when consumers are charged very high electricity rates in an area where there is only one electric company, this is known as monopoly.
For example, a public power company is an example of a monopoly because they serve as the only source of power utility provider to the general public in a society and decides on how much to charge.
Answer:
Monopoly
Explanation:
If consumers are charged very high electricity rates in an area where there is only one electric company, this is known as monopoly.
The following financial statement information is available for Coronado Corporation: 2020 2019 Inventory $45000 $47000 Current assets 112000 102000 Total assets 429000 358000 Current liabilities 28000 35000 Total liabilities 100000 89000 The current ratio for 2020 is
Answer:
4
Explanation:
Calculation to determine the current ratio
Using this formula
Current ratio = Current assets / Current liabilities.
Current ratio = 112000 / 28000 = 4
Therefore Current ratio is 4
"Cory is a salesperson at Bayray Technologies, a company that manufactures laptops and cameras. During a sales presentation for the company's new camera, he states, "Cameras produced by us have the same resolution as the cameras produced by ClarityO, the world's number one camera manufacturer, but at a cheaper price." In this scenario, Cory is using a(n) _____ to describe the product."
Answer:
comparison
Explanation:
Since cory is a sales person at bayray technologies and at the time of sales presentation he stated that the camera resolution of our company should be similar with the Clarity O company but the price are cheaper so here cory is doing the comparison of cameras between his company and with the other company to capture the market share by telling the advantages of his company product
Sylvia wants to purchase a 2017 Dodge Challenger for a negotiated price of $38,770 inclusive of all costs (options, taxes, delivery charges, etc.). Sylvia will be making a down payment of $8,000. She has a choice between taking a $2500 cash rebate (and arranging her own financing at 4.98% for 36 months) OR selecting the dealer incentive financing of 0.9% APR for 36 months. What is the total cost of this car if Sylvia chooses the cash rebate option
Answer:
$38,492.84
Explanation:
Calculation to determine what is the total cost of this car if Sylvia chooses the cash rebate option
CASH REBATE:
First step is to determine the PMT using Financial calculator
N= 36
I/Y= 4.98/12= .415%
PV= 30770 - 2500 = 28270
PMT= ??
FV= 0
Hence,
PMT= 847.0234
Now let determine the total cost
Total cost=($847.0234*36)+$8,000
Total cost=$30,492.84+$8,000
Total cost =$38,492.84
Therefore the total cost of this car if Sylvia chooses the cash rebate option is $38,492.84
Define what liquidity means by completing the following sentence. Liquidity refers to an asset which can be readily used to pay for current
Answer:
Liabilities
Explanation:
'Liquidity' is described as the 'asset's property of being able to be sold without affecting its value or the degree to which it can be easily converted into cash.' If the liquidity ratio of a company is high, then its ability to pay off its current liabilities is high as well. Therefore, the company can pay off the debtors with immediate effect and thus, it would be able to meet its short-term financial commitments. This is the key reason for people's high investments in the companies having a higher liquidity ratio as they analyze the debt paying capability of the company first.
A cost that remains fixed over limited ranges of volumes but changes by a lump sum when volume changes occur outside these limited ranges is called a _____ cost. multiple choice fixed variable mixed step-wise curvilinear
Answer:
Variable cost
Explanation:
because sometimes companies set fixed price to other product
Answer:
Stepwise
Explanation:
The correct choice is stepwise cost.
