Megan will have $1203 in his bank account. Because her money which was in her bank account was earning a interest of 9 % per annum .
How do interest rates work?An interest rate is the sum that a lender charges a borrower for any type of debt that is granted, and it is typically stated as a percentage of the principal. The borrowed asset may be cash, a sizable item like a car or a house, or simply consumer products. The interest rate is frequently referred to as the "lease rate" when applied to larger assets.
The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are typically annualised.
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the best way to manage a diverse workplace is to do everything possible to minimize or eliminate differences.
False, minimizing or eliminating differences is not the best way to manage a diverse workplace.
What is effective management?Effective management can help a company achieve both its short-term and long-term objectives as long as it also works to actualize its vision.
In addition to encouraging your workers to perform better, a successful manager will make sure they are happy and treated with respect. There is no one "right" management style because everything is subjective to each person's perspective.
However, there are several unbreakable rules that help to improve managerial performance and effectiveness. to acquire managerial skills that are the most effective.
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boeing's rationale for outsourcing so much production to foreign suppliers is based on which two factors, according to the text? multiple select question. capitalizing on its advanced foreign exchange mechanism to minimize risk increasing the chance to win significant orders from airlines in those countries using suppliers that are the best in the world at a particular activity earning recognition for having a multinational staff
To boost the possibility of receiving significant orders from airlines in those countries, Boeing justifies outsourcing so much production to foreign vendors. Boeing's core values are as follows:
1. Safety, quality, honesty, and transparency must come first as we develop, build, and maintain our products.
2. We show how essential these principles are to us by acting with the utmost integrity in both our personal and professional encounters.
What is the rationale behind Boeing's decision to reduce its supplier base?In order to boost supply chain efficiency, Boeing has been cutting back on its key suppliers and increasing its dealings with top-performing suppliers. In recent years, Boeing has reduced the number of suppliers by 79%.
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What is the influence of environmental issues on the real estate lending transaction?
First-class of air and water will have a widespread impact on the value of assets. Cities with negative air or water satisfaction are less appealing and may see populace and rate declines in the long run. Air and water pollution are rising issues for a majority of shoppers.
In line with new research by means of construction weblog Bimhow, the development quarter contributes to 23% of air pollutants, 50% of the climatic trade, forty% of consuming water pollution, and 50% of landfill wastes.
The listing of troubles surrounding our surroundings move on, however there are 3 primary ones that affect the majority of them normally: international warming and climate change; water pollution and ocean acidification; and lack of biodiversity.
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What is the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan?.
The credit score can be defined as the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan.
What is a credit score?The term credit score has to tell us that a person is doing either well or poorly based on the credit that they receive in the United States.
The credit score helps to tell us if a person is able to get the loan that they receive paid on time or if they are defaulters or the credits that they receive.
If it is law, such a person would have issues when they apply for new loan in the economy. But in a case that the score is high, they would still be able to apply for loans and be granted the loans.
Hence we can say that The credit score can be defined as the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan.
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_____ diversity requires that managers be sensitive and responsive to the needs and concerns of individuals who might not be as well off as others.
Managers must be aware and responsive to the needs and concerns of individuals who may not be as well off as others due to socioeconomic diversity.
Employee education and income position are addressed in socioeconomic diversity. Allowing people to work and grow regardless of their financial situation is good corporate practice. It is your job as an employer to provide possibilities for employees to become more financially stable.Socioeconomic status (SES) is a classification based on a "combination of education, income, and occupation" (APA) that can have a significant impact on student well-being and academic achievement.Our social and economic possibilities, such as decent schools, solid jobs, and strong social networks, are essential for living long and healthy lives. Employment, for example, provides cash that influences decisions regarding housing, schooling, child care, food, and medical care, among other things.Thus this is the meaning of socioeconomic diversity.
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What is the total amount of actual manufacturing overhead cost incurred during the year?
The total amount of actual manufacturing overhead cost incurred during the year is $480,000
Total amount of actual manufacturing overhead cost incurred = Indirect labor + various manufacturing overhead costs
= 150000 + 330000 = $480,000
What is Manufacturing Overhead?
The total of all indirect costs incurred during the manufacturing of a product is known as manufacturing overhead (MOH) cost. Along with the expenses of direct materials and direct labour, it is included in the price of the finished product. The depreciation of equipment, wages paid to factory workers, and electricity used to operate the equipment are typically included in manufacturing overhead costs.A manufacturer's balance sheet, cost of products income statement, and cost of finished goods in inventory should all reflect production overhead in accordance with generally accepted accounting principles (GAAP).Because it's challenging to link manufacturing overhead costs to specific products, they're sometimes referred to as indirect costs. Based on a predetermined overhead absorption rate, these costs are added to the final productTo know more about Manufacturing Overhead visit:
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two possible tax planning activities for april are filing the tax return by april , and, if necessary, filing for an automatic six-month
Two possible tax planning activities for April are filing the tax return by April 15, and, if necessary, filing for an automatic extension.
What is tax planning?Tax planning is the examination of a financial condition or plan to ensure that all parts work together to guarantee that you pay the least amount of taxes feasible. Tax planning considerations include:
income timing, size, purchase timing, and spending planning.What exactly does it mean to file a tax return?A tax return is the completion of documentation that estimates an entity's or individual's earned income and the amount of taxes to be paid to the government or government entities or, in some cases, returned to the taxpayer.
Taxation is one of the most important sources of revenue for the government.
What is the automatic extension of the tax return?Individual taxpayers, regardless of income, can electronically request an automatic tax return extension using Free File. You have until 15th day of the month to file your return by submitting this form.
If April 15 falls on a Saturday, Sunday or statutory holiday, the due date is moved to the next business day.
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Buyer vaughn is applying for an fha mortgage on a house priced at $108,000. the maximum loan-to-value ratio is 97.75. what is the minimum down payment?
First, take $108,000 multiplied by 97.75% (maximum loan amount), which equals $105,570.
Then take $108,000 - $105,570 = $2,430 minimum down payment.
Down payment, is an initial up-the front partial charge for the acquisition of steeply-priced gadgets/services which include a car or a house. It also includes paid in coins or equal at the time of finalizing the transaction. A loan of some sort is then required to finance the the rest of the fee.
What's a Down payment?
A down payment is a sum of money that a client will pay within the early levels of buying an expensive excellent or carrier. The down payment represents a part of the overall purchase price, and the buyer will often take out a loan to finance the the rest.
Is down payment a complete fee?
In simple phrases, it's far an advance price for an steeply-priced purchase. The payment represents a percent of the total buy charge. You'll pay the initial prematurely price called the down payment for the acquisition of a vehicle or a house. You'll make the down payment out-of-pocket instead of borrowing the quantity.
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In its first month of operations, a company’s cash account has total debit entries amounting to $27,500 and total credit entries amounting to $24,900. At the end of the month, the cash account has a.
$2600 Debit balance
In the first month of operations, company's have zero balance. After the posting of different entries , some accounts balances got settled automatically but some accounts needs to be settled to know the balance in the end of the month.
Cash account debit means increase in cash or incoming of cash whereas credit means decrease of cash or outflow of cash from the organization.
In the end of the month debit balance is $27500 and credit balance is $24900 therefore account balance is $27500-24900 = $2600 debit.
When the account debit balance exceeds the credit balance, the account has debit balance.
This process is known as balancing of general ledger.
Balancing of account means finding difference between the debits and credits , which means for balance of ledger all debits must be equal to all credits.
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Describe what management is, why management is important, what managers do, and how managers utilize organizational resources efficiently and effectively to achieve organizational goals?
The utilization of an organization's resources to accomplish its objectives is the responsibility of management. An organization is a group of individuals who collaborate and plan their actions in order to achieve a wide range of objectives. Planning, organizing, leading, and regulating are the four main components of management.
What are the different levels of management?There are 3 levels of management:-
1. Top-level management
2. Middle-level management
3. Operational or lower-level management
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You are required to find a recent news article relating to the use/misuse of inventory/assets within a business/organization that sells inventory. summarize the event by writing a report on your findings. in your report keep in mind what is considered to be good corporate governance, ethical behavior and internal auditing and controls
A firm uses a particular quantity of assets such as vehicles, machinery, and equipment to conduct business. These features are regularly used by organization personnel who are under control.
At the moment of allotment to a certain person, the assets would be checked in and checked out in a register by the asset management department. However, there are times when the registered entry of a certain asset is overlooked or forgotten. Such an occurrence may result in the misappropriation of assets or the loss of property. Due to usage, these assets may become unusable, malfunction, or get beheaded over time. Meanwhile, the corporation continues to pay bills for these assets.
There may be additional instances where a specific asset is being used by certain people and the organization is unaware of it. If a "lost" asset slips into the wrong hands, the corporation or asset owner that gave the property may suffer the penalties.
Thus, this is the meaning of misuse of assets.
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suppose that there are no storage costs for crude oil and the interest rate for borrowing or lending is 5% per annum. how could you make money if the june and december futures contracts for a particular year trade at $80 and $86? group of answer choices short one june oil contract and long one december contract short one june oil contract long one december oil contract long one june oil contract long one june oil contract and short one december contract short one december oil contract
Calculation of profit: The profit for the June and December contracts is 4.
Following are some ways to make money:-Imagine holding a long position of Rs. 80 in the June futures contract and a short position of Rs. 86 in the December futures contract.
After that, borrow Rs 80 and order oil.
Sell the oil for Rs 86, then pay the original amount of Rs 80 plus the interest expense of Rs 80.052.
82 profit divided by 86 profit equals 4 profit.
The profit is therefore Rs 4.
What is meant by the word "profit"?Profit is a term used to describe the financial benefit a business experiences when revenue surpasses costs and expenses.
EXAMPLE:
For instance, a cup of lemonade at a lemonade stand costs a child one quarter. The beverage is then purchased for $2. The cup of lemonade brought in $1.75 in profit for her.
Four categories can be made from profit or profit margins:
1. Gross revenue
2. Operating earnings
3. Pre-tax earnings.
4. Net profit
Profit is capital that companies can use for a variety of purposes, including maintenance of the workplace or equipment, upgrading or replacing vehicles or other expensive items, or investing in new products, services, or employees. If companies continue to produce a significant amount of revenue.
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last year, the pottery palace supplied 8,000 ceramic pots at $40 each. this year, the company supplied the same quantity of ceramic pots at $55 each. based on this evidence, the pottery palace has experienced
In a situation where last year, the pottery palace supplied 8,000 ceramic pots at $40 each, and this year, the company supplied the same quantity of ceramic pots at $55 each. As a result, based on this evidence, the pottery palace has experienced a decrease in supply. Therefore, the option B holds true.
What is the significance of supply?
The supply of a product can be referred to or considered as the quantity distributed by a seller at a given price prevailing in the market. Price and supply are indirectly related.
When the price of a product increases, but does not affect a change in the quantity supplied than the previous quantity, it ultimately leads to a decrease in supply.
Therefore, the option B holds true and states regarding the significance of supply.
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The missing options to the question have been added to complete it.
A. Increase in supply
B. Decrease in supply
C. Increase in demand
D. Decrease in demand
If you invest $100 in a Roth IRA and earn 5% per year for 3 years, how much would it be worth at the end of three years?
If you invest $100 in a Roth IRA and earn 5% per year for 3 years, after 3 years you will get amount of $116.
The word "invest" may be described as follows: Devoting time or different assets towards attaining a goal. Using cash or capital to shop for an asset with the wish that the cost of that asset will boom and provide you with the possibility to promote at a profit.
Investing is a powerful manner to place your cash to paintings and doubtlessly construct wealth. Smart making an investment might also additionally permit your cash to outpace inflation and boom in cost. The more increase capability of making an investment is in the main because of the strength of compounding and the risk-go back tradeoff.
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which of the following are indirect costs for the finishing department of a furniture manufacturer? (check all that apply.)
The given indirect costs for the finishing department of the furniture manufacturing plant are
-Electricity cost for the plant-Plant manager's salary-Rent on the manufacturing facilityWhat are indirect costs?The term indirect costs are the costs that are accrued to dong business which may not actually be due to the fact that there is an expense of doing business. These are the types of costs that are not easily identified to be under contract , and activity or to be based on any particular grant but they are necessary activities that would help to see the operation of the business is running smoothly.
In the finishing department of the furniture manufacturing plant the indirect costs for the business would have to be the following:
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Complete question
which of the following are indirect costs for the finishing department of a furniture manufacturing plant?
-Electricity cost for the plant
-Plant manager's salary
-Rent on the manufacturing facility
Market equilibrium works best in a perfect competition market. T Or F
This is true. Market equilibrium works best in a perfect competition market.
What is referred to as market equilibrium?The term has to do with the fact that the market is at the state where the quantity of goods demanded are the same as the quantity of goods that are supplied at the particular price in the market. This would help in the clearing of the market. This price is also called the market clearing price of the market.
Hence we can say that this is true. Market equilibrium works best in a perfect competition market.
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If corporations pays its executives an excessive amount relative to other employees and to what executives at its competitors are paid, this action is likely to be challenged as:_____.
If corporations pays its executives an excessive amount relative to other employees and to what executives at its competitors are paid, this action is likely to be challenged as unethical only.
Cash can be misappropriated while making payments to different members as explained below:
Recording false and fictitious cash purchases and pocketing the whole amount.
Recording of the cash purchase at the higher rate than the actual purchase amount and pocketing the difference amount.
Misappropriation of money which is shown as it is been paid to fictitious creditors for different purchases.
Misappropriation of money that is shown as having paid as wages in the wage-sheets by entering fictitious names of workers in the organization.
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who has an absolute advantage in coffee production? who has an absolute advantage in nut production?
The country called "Brazil" is the one that has an absolute advantage in coffee production because of its location that is near the equator, climate, and local expertise.
What is an absolute advantage?It refers to the economic concept that is used to refer to a party's superior production capability. That is, it refers to the ability to produce a certain good or service at lower cost (efficiently) than another party.
Hence, due to the favorable factors, Brazil is able to efficiently produce coffee beans; thereby, making it the largest producer of coffee in the world.
Therefore, he country called "Brazil" is the one that has an absolute advantage in coffee production
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prepare sterling’s journal entry to record the receipt of dividends on ldx stock on may 10 and november 12. 2. prepare sterling’s december 31 year-end adjusting entry to report its stock investments with insignificant influence at fair value. 3. sterling sells a portion of its ldx stock (for $550 cash that had cost $400) on january 3 of next year. prepare the entry for the sale of those stock investments.
The entry for the sale of those stock investments is:
Date Account title & explanation Debit Credit
10-May Cash 26000
Dividend Revenue 26000
12-Nov Cash 24000
Dividend Revenue 24000
31-Dec Fair adjustment value 3,000
Unrealized holding gains and losses - OCI 3,000
(To record adjusting entry)
3-Jan Cash 550
Gain on Sale of Investment 150
Investment 400
The fast solution is that when you buy a stock your cash is going to the vendor through an intermediary (the booking). the seller of the inventory is in all likelihood some other dealer or investor, but it may be any entity that transacts in shares.
An inventory charge can by no means virtually pass under zero. so you might not owe each person any money. You just may not have anything. If an enterprise is going out of business, it will in all likelihood have brilliant money owed that lenders will try and accumulate.
So are you able to owe money on stocks? sure, if you use leverage by using borrowing money from your dealer with a margin account, then you can grow to be owing more than the stock is worth.
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the weemow lawn service wants to start doing snow removal in the winter when there are no lawns to maintain. jeff and julie weems, who own the service, are trying to determine how much equipment they need to purchase, based on the various job types they have. they plan to work themselves and hire some local college students on a per-job basis. based on historical weather data, they estimate that there will be six major snowfalls next winter. virtually all customers want their snow removed no more than 2 days after the snow stops falling. working 10 hours per day (into the night), jeff and julie can remove the snow from a normal driveway in about 1 hour, and it takes about 4 hours to remove the snow from a business parking lot and sidewalk. the variable cost (mainly for labor and gas) per job is $12 for a driveway and $47 for a parking lot. using their lawn service customer base as a guideline, they believe they will have demand of no more than 40 homeowners and 25 businesses. they plan to charge $35 for a home driveway and $120 for a business parking lot, which is slightly less than the going rate. they want to know how many jobs of each type will maximize their profit.
The answer is We should maximize.
P = 23 x + 73 y
we should formulate constraints from the given data.
The first constraint is time limit, and the second is availability of jobs.
Time limitation:
Total of major snowfalls = 6
Assumption 1 :Snowfalls are at least two days apart
Days to remove them = 12 They work 10 hours per day i.e.,
Total hours per week = 120
Assumption 2 :10 hour per day work period is for both Jeff and Julie combined and not for each of them separately.
Time taken to remove snow from drive way = 1 hours
Time taken to remove snow from business parking lot = 4 hours
Total time taken by Julie and Jeff to work = 120 hours
Time constraint can be written as,
x + 4y <= 120
Demand Restriction:
Maximum no. of homeowners requesting for driveway snow removal = 40
Maximum no. of requests from business parking lot snow removal = 25. Demand constraints are,
x <= 40
y <= 25
The jobs can't be negative so additional constraints are
x >= 0
y >= 0
The shaded region is the area of interest also known as feasible region we need to check the points G,D,C, E to maximize profit.
Point x y P
G 0 25 1825
C 40 20 2380
D 20 25 2285
E 40 0 920
Profit will be greatest when x = 40 and y = 20.
The total profit = $2380.
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3. use porter’s diamond model of national advantage to explain why an emerging market such as indonesia would be expected to experience great difficulty in achieving global competitiveness in a new industry sector such as smartphones or hybrid electric–gasoline automobile engines.
According to Porter's Diamond model, a country needs to have four different types of factors in order to succeed abroad.
Demand and conditions are one of those elements; Indonesia needs more customers who want higher-quality items as well as more modern factors like telecommunications and transportation networks.
A model developed to describe how governments might function as catalysts to boost a country's position in a highly competitive international economic environment is the Porter Diamond, which is more accurately known as the Porter Diamond Theory of National Advantage. It aims to make it easier to comprehend how particular factors that nations or groups have at their disposal provide them a competitive edge.
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International business is the buying, selling, and trading of goods and services across national boundaries. True or false
It is true, international business is the buying, selling, and trading of goods and services across national boundaries.
The trade of goods, services, technology, capital, and/or knowledge across national borders and on a global or transnational scale is referred to as international business. It entails the exchange of goods and services between two or more countries. Economic resource transactions include the exchange of capital, skills, and people for the purpose of international production of physical goods and services such as finance, banking, insurance, and construction. Globalization is another term for international business.
To conduct business internationally, multinational corporations must connect separate national markets into a single global marketplace. Two macro-scale factors highlight the trend toward greater globalization. The first is to remove barriers to facilitate cross-border trade (e.g., free flow of goods and services, and capital, referred to as "free trade"). The second factor is technological advancement, particularly in communication, information processing, and transportation technologies.
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Which accounting assumption states that financial statement elements should be measured in terms of the united states dollar for u.s financial reporting?
The monetary unit accounting assumption states that financial statement elements should be measured in terms of the United States dollar for U.S. financial reporting.
What is financial?
The term financial refers to borrowing money to go through tough times, saving money, and investing money. Finance is the provision of funds for credit against anything.
The financial statement elements can be the measured in the in terms of the United States dollar for U.S. financial transaction as the measured in the monetary unit accounting.
As a result, the monetary unit accounting assumption states that financial statement.
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Aggregate demand = consumption investment government purchases (exports - imports) group of answer choices true false
"Aggregate demand is = Consumption + Investment + Government Purchase + Net Exports"
Hence, the statement is true.
Aggregate demand is the size of the full quantity of calls for for all completed items and offerings produced in an economic system. Aggregate call for is expressed as the full sum of money exchanged for the items and offerings at a particular charge degree and factor in time.
In macroeconomics, Aggregate demand for or home the very last call for is the full call for for very last items and offerings in an economic system at a given time. It is regularly referred to as a powerful call for, aleven though at different instances this time period is distinguished. This is the call for the gross homemade from a country.
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If+an+investment's+distribution+increases+by+3%+while+inflation+has+increased+by+3%,+what's+the+impact+on+the+investment's+purchasing+power?
The impact on the investment purchasing power will be 3% .
As investment increases by 3% and inflation also increases by 3% which has lowering effect on purchasing power, so we have,
Final price=103*97%
= 99.99%
So, effect on purchasing power of investment is = 103-99.9 %
=3.01%
Rising inflation has the ability to reduce the bond's future (fixed) coupon income's buying power, which reduces the bond's future fixed cash flows' current value. Given the cumulative effect of diminishing buying power for cash flows received in the distant future, accelerating inflation is harmful to longer-term bonds.
Your investment in bonds that have a fixed interest rate loses value as inflation rises. You can invest in government bonds that are adjusted for inflation risks to get around this.
A currency's purchasing power and range of available goods are diminished by inflation. Prices rise as a result of a loss of purchasing power.
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An is auditor reviewing an organization's disaster recovery plan should primarily verify that it is?
An IS auditor reviewing an organization's catastrophe recuperation layout PRIMARILY verify that it is: Select an answer: tested every six months.
A catastrophe recuperation graph (DRP) is a documented, structured method that describes how an agency can quickly resume work after an unplanned incident. A DRP is an essential section of a business continuity diagram (BCP).
Why do we want a catastrophe recuperation plan?The layout allows the IT branch to get better lost facts and to proceed running after failure. A disaster recuperation layout will have unique directions on how to deal with an unplanned incident and how to shortly get better misplaced information.
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https://brainly.com/question/24131287#SPJ4kaden is a new employee who doesn't feel confident in his job skills. to help him to learn the knowledge, skills, and behavior he needs, his company will provide him with .
As Kaden is a new employee who is not confident in his job skills the company will have to provide him with training.
Once a new employee joins an organization he will require training. The training is provided to the employee to make him understand how to go about his work. The training period will help the employees to increase the skills and knowledge he requires to finish their work. The culture or behavior that the employee requires will also be taught to him.
The training can be broadly divided into two types. the two types of training that can be provided to the employee to make him feel confident is on the job training and off-the-job training. On-the-job training involves the training that takes place in the place of work itself. Of the job training is the training that is done outside the floor of the office.
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A company receives cash in march for services that it will provide in april. this scenario is an example of a(n)?
A company receives cash in march for services that it will provide in april is an example of accrual basis of accounting.
There are various accounting concepts that are prevailing in accounts to record the transactions that are taking place in the company. They are classified as accrual basis of accounting or cash basis of accounting.
The accrual basis of accounting is the transactions are recorded in prior and then services are rendered when the payment is received whereas the cash basis of accounting records the transaction when the payment is made and services are rendered at the moment the cash is recieved.
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Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. the problem this creates for inflation calculations is called:_________
Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. the problem this creates for inflation calculations is called substitution bias. Substitution bias occurs when consumers alter their purchase behaviour in reaction to price changes.
According to economic theory, an increase in the price of a good causes buyers to reduce their purchases of that good and instead purchase a substitute with a lower price. One aspect of the bias is referred to as "substitution bias." The substitution bias is a flaw in the Consumer Price Index that causes it to overstate inflation since it does not account for the replacement effect.
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Just-in-time systems are considered part of which primary activity in the value chain?
Just-in-time systems are considered part of inbound logistics in the value chain.
Value chain - A value chain is used to describe all of the business activities required to create a product from beginning to end (e.g., design, production, distribution, and so on). A value chain analysis provides businesses with a visual representation of these activities, allowing them to identify areas where they can cut costs. You can use this analysis to gain a competitive advantage, improve efficiency, and increase profit margins.
The value chain framework includes five primary activities: inbound operations, operations, outbound logistics, marketing and sales, and service, as well as four secondary activities: procurement and purchasing, human resource management, technological development, and company infrastructure.
When a company conducts a value chain analysis, it identifies its primary and secondary activities and sub activities and evaluates the efficiency of each point. A value chain analysis can reveal value chain linkages, dependencies, and other patterns.
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