Question 10 of 10
Adjusting entries are recorded __ of an accounting period
A. in the beginning
B. on the third day
C. in the first week
D. at the end
of an accounting period.
SUBMIT

Answers

Answer 1

Adjusting entries are recorded at the end of an accounting period.

Adjusting entries are made on top of an accounting duration to properly account for earnings and fees no longer yet recorded to your well-known ledger and have to be completed previous to remaining the accounting period. Adjustment intervals are additional periods that might be related to everyday durations from the source. An adjustment period refers to any accounting length installation to modify balances previous to the final length of the twelve months.

Adjusting entries are made on the giving up of the accounting duration to record all sales and expenses that have now not been recorded but belong within the modern-day period. They update the stability sheet and profits statement bills at the end of the accounting length. Adjusting magazine access is usually made at the end of an accounting duration to understand earnings or fees within the length that its miles incurred. it's far a result of accrual accounting and follows the matching and sales reputation concepts.

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Related Questions

Productivity can be improved by:

Answers

Answer:

increasing the output for the same number of inputs

Explanation:

what step in the rational decision-making process involves assessing what worked and did not work about the process and solution

Answers

The  step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.

What is rational decision-making process?

Rational decision  can be described as the opposite of intuitive decision making.

It can be described as the  strict procedure utilizing objective knowledge and logic and this also involves identifying the problem to solve, it hence The  step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.

In conclusion, Decision making serves as the process that involves consideration of  choices through the identification of a decision.

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Answer:

the last step

Explanation:


acts as a medium of exchange between buyers and sellers.

Answers

Money.

Money is a medium of exchange for selling and buying goods and services.

9. After a long illness, your uncle dies. He leaves a
sizeable estate but no will is found for several
weeks. Finally, one of his ex-wives appears
with a document she claims to be a valid will.
It shows her and her children by him receiv-
ing most of his property. Your parents and
the deceased's other children contest the will.
Should the federal or state courts handle this
case? Why? Which court in which system is most
likely to hear it?

Answers

We can see here that from the scenario given already, the court that should handle this case is a state court. This is because the case is a family issue which is not a big matter of national importance.

We see that should hear and handle this case is the Family Court.

What is a court?

A court is actually known to be an institution that has the responsibility to carry out legal activities like legal disputes between parties. The court consists of justice of  the court and the other legal practitioners.

We see here that in the stated scenario, the family court in the state will be fit to handle the case.  

The court handles matters of administration and criminal offenses in accordance to the constitution and law of the land.

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Is using 401(k) money in an emergency the best idea? (1 point)
O
Yes, the money is not needed for a long time.
O Yes, the money was deducted pre-tax so there is more of it.
O No, early withdrawal of 401(k) money will incur a penalty.
O No, since you will lose all your money earned.

Answers

No, using 401(k) money in an emergency is not the best idea since you will lose all your money earned.

What is the ideal plan for 401(k) money?

Ideally, the best move is to always leave your 401(k) money alone. When you need money, find other ways to manage your expenses, unplanned or otherwise. If you're lacking in emergency savings, let this be your wake-up call to start building that safety

Hence, the use of 401(k) money in an emergency is not the best idea since you will lose all your money earned.

Therefore, the Option A is correct.

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1. It is important that you get to know your money __________.
A. situation
B. personality
C. potential
D. language

2. What is the second key to a successful financial plan?
A. set money goals
B. apply for a job
C. talk with your parents about money
C. plan your career

3. Once you have established your financial plan you need to write it down.
false
true

4. Seven out of every ten families in America live ________ __ _________.
A. paycheck to paycheck
B. loan to loan
C. house to house
D. job to job

5. What is the first key component of a successful financial plan?
A. get a job
B. assess your financial situation
C. buy a car
D. put money into savings

Answers

I think the answers are A,A, true, A,B

It is important that you get to know your money situation. Setting money goals is the second key to a successful financial plan. Once you have established your financial plan you need to write it down. The given statement is True.

Why a financial plan is important?

A financial plan serves as a guide as you travel through life's journey. Essentially, it allows you to be in control of your income, expenses, and investments, allowing you to manage your money and achieve your goals.

Seven out of every ten families in America live paycheck to paycheck. The first key component of a successful financial plan is to assess your financial situation.

Make saving for the future your top priority, ahead of all other financial obligations. Try to save at least 10% of your annual income. You might be able to save more or less depending on your obligations.

Thus, the ideal selections are A, A, True, A, and B respectively.

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Betsy notices that when her favorite college softball team has a winning record, the value of her stock portfolio increases. Betsy assumes that the success of her favorite college softball team has a positive influence on the value of her stock portfolio and decides to buy stock when her favorite team has winning record and to sell stock when it has a losing record. Betsy's assumption is an example of:

a) the fallacy of false cause.
b) the fallacy of division.
c) the fallacy of composition.
d) declining opportunity cost.

Answers

Betsy's assumption is an example of the fallacy of false cause. (option a).

What is the fallacy of false cause?

The fallacy of false is a type of fallacy where a person establishes a false or imagined link between two random events based on perceived connectedness.

Betsy assumes that  that the success of her favorite college softball team has a positive influence on the value of her stock portfolio based on the fact that the time when her portfolio increases in value coincides with her  favorite college softball team having a winning record.

The fallacy of false cause is not based on economic theory and thus can have unintended negative implications. To determine if a person is making a decision based on the fallacy of false cause, the person should ensure that there is an economic theory backing their reasoning.

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For each transaction below, calculate the amount of revenue to be recorded in the current period using accrual-basis accounting:

a. Performed $29,000 of services during the month and received full cash payment from customers at the time of service.
b. Performed $10,000 of services during the month and billed customers. Customers are expected to pay next month.
c. Received $11,000 cash from customers for services to be provided next month.

Answers

The accrual accounting for the current period in all of these would be

Amount of revenue to be recorded is $29000Amount of revenue to be recorded is $ 10,000.Amount of revenue to be recognized is $ 0.

What is accrual accounting?

This is the term that is used to refer to the method of accounting that is concerned with the recording of revenue first before there would be a payment for the goods that were sold or for the services that were rendered.

A) The amount for the services that were performed is said to be $29000 in the month and the full payment for the services was received. Therefore all of the sum is what has to be recognized as the amount in that period.

B) The services performed here is $10000, but the payment for the job would have to be recorded in the next year. Hence the entry would be the 10000 although it would be gotten next year.

C) The services here has not been rendered it would be done in the next year. The company is in a liability at the point because the money is not for the month, it is to be earned in the next month, hence the accrual accounting is 0

Hence in summary we would have the accrual accounting as:

Amount of revenue to be recorded is $29000Amount of revenue to be recorded is $ 10,000.Amount of revenue to be recognized is $ 0.

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Equilibrium price will unambiguously increase when supply decreases and demand does not change or when supply decreases and demand increases.

Answers

Equilibrium price will unambiguously increase when supply decreases and demand does not change or when supply decreases and demand increases. This is true.

What is equilibrium price?

It should be noted that equilibrium price simply means the price at which the quantity demanded and the quantity price are the same.

It should be noted price will rise if supply remains constant while demand rises. Price rises when the demand curve shifts to the right. Price will rise when supply declines and demand remains constant. Price rises as the supply curve shifts to the left.

Price will rise when demand rises and supply declines at the same time. Price will grow unmistakably as a result of a rightward movement in the demand curve and a leftward shift in the supply curve, but changes in quantity will be less clear.

Therefore, equilibrium price will unambiguously increase when supply decreases and demand does not change or when supply decreases and demand increases. This is true.

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Equilibrium price will unambiguously increase when supply decreases and demand does not change or when supply decreases and demand increases.

True or false?

Madison's gross tax liability is $13,350. Madison had $4,500 of tax credits available and she had $12,360 of taxes withheld by her employer. What are Madison's taxes due (or taxes refunded) with her tax return?

Answers

The tax refund is $3510.

What is tax?

It should be noted that a tax is a compulsory financial charge or levy imposed on a taxpayer by the governmental organization in order to fund government spending and various public expenditures.

Here, the calculation will be:

Gross Tax liabilities  13,350

Less: Credits available -4500

Net tax liabilities  8,850

Less: Taxes withheld by employer 12,360

Refund of taxes 3,510

Therefore, the answer is $ 3,510 tax refund  

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Choose one current event. Describe the event and discuss the economic implications of this event. What economic effects might this have at the individual and societal levels?

Answers

An example of an event which can show its economic implication is North Korea Nuclear testing.

North Korea conducted its first nuclear test in 2006 and has since amassed an arsenal of nuclear weapons and missiles capable of delivering warheads to the US mainland. Seoul and Washington officials have warned that Pyongyang may soon resume nuclear tests for the first time since the United Nations Security Council imposed economic sanctions on the regime in response to its weapons development in 2017. They have already conducted 31 missile tests in 2022 alone and are getting ready to conduct a nuclear test. North Korea has ratcheted up tensions in recent months by conducting additional weapons tests, including one of a long-range missile earlier this year. The regime has repeatedly rejected the Biden administration's offer to meet for nuclear talks "anywhere, anytime."

The formal economy is still centrally planned and badly managed. Business activity in the country is also hampered by a lack of infrastructure, a scarcity of energy and raw materials, lingering foreign debt, and ideological isolation. Informal and government-approved private markets and service industries have provided a growing field of activity for many North Koreans, particularly women, that is somewhat free of government control. Local officials have had some leeway in managing special economic zones and conducting small-scale experiments with market-oriented economic policies.

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mr. and mrs. mahmood arrived on September 8 and departed on September 15.Their nightly room rate was $235.000 per night.They had the breakfast buffet daily at $22.00 per person.They ate dinner at a hotel restaurant three times at a cost of $150.00, $110.00 and 225.00.Mr Mahmoud Played a round of gulf $125.00 and Mrs Mahmoud requested that her suit be dry cleaned for a business meeting once charge $39.00. daily taxes of 7% city, 12% state and hotel take of 5% is added onto thr room rate. what is the total for the stay?( Assume all gratuites are included in the costs presented.)

Answers

The total costs for the stay of Mr. and Mrs. Mahmood at the hotel, including gratuities, are $2,997.

How are the total costs determined?

Using mathematical operations, the total costs are computed as below.

Mathematical operations involved here are additions and multiplications.

Data and Calculations:

Nightly room rate = $235 x 7 nights

Daily breakfast buffet = $308 ($22 x 7 days x 2)

Hotel Dinner cost = $485 ($150 + $110 + $225)

Round of gulf = $125

Dry-cleaning = $39

Daily Taxes:

City 7%

State 12%

Hotel take = 5%

Total taxes = 24%

Total Costs:

Room cost = $1,645 ($235 x 7)

Daily taxes  $395 ($1,624 x 2%)

Daily breakfast buffet = $308

Hotel Dinner cost = $485

Round of gulf = $125

Dry-cleaning = $39

Total costs = $2,997

Thus, the total costs involved by the Mahmoods are $2,997.

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Question 5
Which of the following must you do to ensure compliance with Independence
Policy?
Select the three responses that apply and then Submit.
Maintain independence from certain entities
Complete an Independence Representation
Maintain current information regarding the value of certain Financial
Relationships
Maintain the accuracy of your Tracking & Trading portfolio

Answers

Entire Independence illustration. hold the accuracy of your tracking & trading portfolio. preserve independence from certain entities. preserve cutting-edge information concerning the fee of sure economic.

The independence check checks to look if the real data is “close sufficient” to the anticipated counts that might arise if the two variables are independent. Even without a statistical test, the general public could say that the 2 variables are not impartial.

Independence generally implies one's capacity to act with integrity and exercise objectivity and professional skepticism. The AICPA and different rulemaking bodies have evolved rules that establish and interpret independence requirements for the accounting profession.

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which should you finance first
a. your needs
b. your wants
c. your savings
d. your investments

Answers

Answer:

my needs

Explanation:

because I can not live without needs

I should first finance my needs, as a person cannot live without his or her needs. Thus, the correct answer is option a.

What is finance?

The process of raising funds or capital for any type of expenditure is known as finance. Consumers, businesses, and governments frequently lack the funds necessary to make expenditures, pay debts, or complete other transactions, and must borrow or sell equity to conduct their operations.

Savings and investments accumulate funds that, if put to productive use, could earn interest or dividends.

Finance is the process of channeling these funds, whether in the form of credit, loans, or invested capital, to those economic entities that need them the most or can put them to the best use.

Therefore, I should finance my needs first.

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The Money Order Transaction log must be completed for all money
order transactions.

True
False

Answers

The statement that the Money Order Transaction log must be completed for all money order transactions is FALSE.

When should the Money Order Transaction log be completed?

The regulations of the United States Treasury Department states that the Money Order Transaction log should be filled for money order transactions that are either valued at $3,000 or above.

This means that money orders that are less than $3,000 need not be filled in the Money Order Transaction log.

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1.What duties does a customer have to his or her bank?
2. What do you think are conditions that must be met if the banker is to honour the customer’s cheques?
3. Can you describe any circumstances where it might be in the interst of the bnk to divulge information about the affairs of one of its customers?

Answers

Answer

1. Right to charge interest

Every bank in India has the right to charge interest on the loans and advances sanctioned to customers. Interest is usually charged monthly, quarterly, semiannually or annually.

2. Right to levy commission and service charges

Along with interest, banks also have the right to levy a commission and service charges for the services rendered. The service rendered by the bank might be SMS notification service, retail banking and so on. Banks can also debit these charges from the customer's bank account.

3. Right of Lien

Another important right enjoyed by banks is the Right of Lien. Banks have the right to keep goods and securities belonging to the debtor as a security, until the loan is repaid by the debtor. Banks have only the right to maintain the security of the debtor and not to sell

Answer:

1. Right to charge interest

Every bank in India has the right to charge interest on loans and advances sanctioned to customers. Interest is usually charged monthly, quarterly, semiannually, or annually.

2. Right to levy commission and service charges

Along with interest, banks also have the right to levy a commission and service charges for the services rendered. The service rendered by the bank might be SMS notification service, retail banking, and so on. Banks can also debit these charges from the customer's bank account.

3. Right of Lien

Another important right enjoyed by banks is the Right of Lien. Banks have the right to keep goods and securities belonging to the debtor as a security until the loan is repaid by the debtor. Banks have only the right to maintain the security of the debtor and not to sell

Emmy is analysing a two-share portfolio that consists of a utility share and a commodity share. She knows that the return on the utility has a standard deviation of 35 percent, and the return on the commodity has a standard deviation of 41 percent. Calculate the variance of the portfolio if the covariance (σ12) is 0.16, assuming an equal proportion of each share in Emmy’s portfolio

Answers

30% of the standard deviation of a portfolio (SD) assumes an equal proportion of each share in Emmy’s portfolio.

Bearing 1 = Useful Bearing

Weight of Useful Bearing = 50% ; Standard Deviation of Supply Inventory = 40%

Inventory 2: Merchandise Inventory

Weight of Merchandise Inventory = 50%; Standard Deviation of Raw Material Inventory = 30%.

Standard deviation (or σ) is a measure of how far the data are from the mean. A low standard deviation means that the data are clustered around the mean, and a high standard deviation means that the data are more scattered. The standard deviation is: This is a measure of how the numbers are distributed.

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Leimersheim GmbH has adopted the following policies regarding merchandise purchases and inven-
tory. At the end of any month, the inventory should be €15,000 plus 90% of the cost of goods to be

sold during the following month. The cost of merchandise sold averages 60% of sales. Purchase terms
are generally net, 30 days. A given month’s purchases are paid as follows: 20% during that month and
80% during the following month.
Purchases in May had been €150,000 and the inventory on May 31 was higher than planned
at €230,000. The manager was upset because the inventory was too high. Sales are expected to be
June, €300,000; July, €290,000; August, €340,000; and September, €400,000.
1. Compute the amount by which the inventory on May 31 exceeded the company’s policies.
2. Prepare budget schedules for June, July, and August for purchases and for disbursements for
purchases.

Answers

1. The amount by which the inventory on May 31 exceeded the company’s policies is €53,000.

2. The preparation of the budget schedules for June, July, and August for purchases and for disbursements for purchases is as follows:

a) Purchases:

                                  May               June           July             August  

Cost of goods sold                       180,000      174,000     204,000

Ending Inventory €230,000         171,600      198,600      231,000

Goods available for sale              351,600     372,600     435,000

Beginning Inventory                   230,000       171,600      198,600

Purchases              €150,000      121,600      201,000     236,400

b) Disbursement for purchases:

                                  May           June           July             August  

20% during the month             24,320       40,200         47,280

80% following month             120,000       97,280       160,800

Total disbursements            €144,320   €137,480    €208,080

How is the difference between actual inventory and inventory per company policy determined?

Expected ending inventory = €15,000 plus 90% of the next month's cost of goods.

Cost of goods sold = 60% of sales

Purchase terms = net 30 days

Purchase payments:

20% during the month

80% following month

                                  May          June         July           August     September

Expected Sales                    €300,000  €290,000  €340,000  €400,000    

Cost of goods sold                  180,000      174,000    204,000     240,000

Purchases              €150,000

Ending Inventory €230,000

= €15,000 plus 90% of €180,000 = €177,000

Excess ending inventory for May = €53,000 ( €230,000 - €177,000)

Data and Calculations:Purchases:

                                  May          June         July           August     September

Expected Sales                    €300,000  €290,000  €340,000  €400,000    

Cost of goods sold                  180,000      174,000    204,000     240,000

Ending Inventory €230,000    171,600      198,600    231,000

Goods available for sale         351,600     372,600    435,000

Beginning Inventory               230,000       171,600    198,600    231,000

Purchases              €150,000  121,600      201,000   236,400

Disbursement for purchases:

20% during the month             24,320       40,200      47,280

80% following month             120,000       97,280    160,800

Total disbursements            €144,320   €137,480  €208,080

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Can someone please help me with this as soon as possible? I will mark as brainiest!

Answers

Economics is the world environment and how we live. How some things changes it and impacts our future and present. I would make sure to put in examples. Hope this helps

The form of business ownership that has the most difficulty in raising capital is the

Answers

Answer:

is the buisness manager

Explanation:

because manager is always working and giving money, director just controls company

nieto machine shop budgeted 4200 labor hours and 4800 machine hours used in May. Total Budgeted overhead for May is $142800. Calculate the overhead rate using 1) labor hours and then 2) machine hours?

Answers

The overhead rate using labor hours is $34.00 per labor hour

The overhead rate using machine hours is $29.75 per machine hour

What is the difference between overhead based on machine and labor hours?
The distinction between overhead based on overhead apportion based on machine and labor hours is that the basis of overhead allocation under the former is machine hours where labor hours are used in computing overhead in the latter.

In other words, overhead rate based on labor hours is determined as the total budgeted overhead for May divided by the budgeted labor hours

overhead rate= $142800/4200

overhead rate=$34.00

The overhead rate using machine hours is computed as the budgeted overhead divided by the budgeted machine hours

overhead rate=$142800/4,800

overhead rate=$29.75

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Which one of the following terms is not an affirmative defense in a defamation action?

Answers

The option that is not an affirmative defense in a defamation action is:

Actual malice implies that the party behaved with either:

1) with knowledge of a claim's falsehood

2) with reckless disregard for the veracity of the assertion. In a defamation lawsuit, the others are affirmative defenses.

What is defamation?

Defamation is defined as any communication that harms a party's reputation, honor, or dignity in the eyes of a third party.

It might be either oral or written. It is either a tort or a crime.

The legal definition of defamation and associated activities, as well as how they are prosecuted, can differ widely between countries and jurisdictions.

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Full Question:

Which one of the following terms is not an affirmative defense in a defamation action?

O Absolute privilege

O Actual malice

O Truth

O All of these

O Conditional privilege

Which of the items below are the effective subject lines?

Answers

Answer:

1. Always Start With the Subject Line When Composing the Email
2. Begin the Subject Line With the Most Important Words
3. Avoid Using All Caps or Overusing Exclamation Points
4.Use Simple, Focused, and Concise Language
5.Create Actionable Subject Lines
6. Caption the Subject Line With Words That Make the Reader Feel Important
7.Add a Familiar Sender Name
8.Time the Subject Line in the Right Way
9. Include Personalization Tokens in the Wording
10.10. Not Making Fake Promises
Email subject lines are supposed to help senders promise the reader something in the message. Marketers should always ensure they stick to the end of the bargain. Making false promises isn’t a good way to go.

Explanation:

How do you define a small business? Not the textbook definition but how you define it in your own words. List several small businesses in your local area and evaluate what makes them a small business and how you know. What impact do these small businesses have on your local economy? Explain.

Answers

Small business  can be described as the business that is been privately owned corporation and can as well be a  partnership, or sole proprietorship , and this business usually consist of small number of employees  which do consist of less annual revenue compare to  corporation or regular-sized business.

List several small businesses in your local area are:

Personal Trainers Site building and web design.Local Auto Repairs.

The impact these small businesses have on your local economy is that it help the economy because  Small businesses serves as the  important economic engine since it serves as the back up .

What is a business?

Small businesses  can be described as the one that help the  local economies  because it bring about the growth as well as the  innovation into the community that the  business is been established.

In conclusion, Business  can be described as the organization  as well as enterprising entity which focus on making profit by engaging in the production or selling of products as well as services.

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The December 31, 2018, balance sheet of Whelan, Inc., showed long-term debt of $1,350,000, and the December 31, 2019, balance sheet showed long-term debt of $1,470,000. The 2019 income statement showed an interest expense of $97,500. What was the firm’s cash flow to creditors during 2019?

Answers

Cash flow to creditors defines the price of income that is paid to the debt holders at some point of an accounting duration. cash flows are the internet sum of money and cash-equivalents entering into and out of an enterprise. fine cash waft suggests that an agency's monetary liquidity is growing.

Solution:

cashflow to creditors

interest paid -net new borrowings

97500 (1470000-1350000) =22500.

It depicts how lots of an enterprise's cash go with the flow as a consequence of debt financing or fairness financing, as well as its track file of paying interest, dividends, and different responsibilities. working coins glide OCF is a measure of the quantity of cash generated by using a company's normal commercial enterprise operations. running coins go with the flow shows whether an organization can generate enough advantageous cash go with the flow to maintain and grow its operations, in any other case, it is able to require external financing for capital enlargement.

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Which of the following methods can be used to track goal progress? Check all that apply

Setting proximal and distal goals
Maintaining slack resources
Using options-based planning
Providing performance feedback

Answers

The method that can be used to track goal progress is D. Providing performance feedback.

Feedback performance is what?

A performance assessment, also known as a performance review, performance evaluation, development dialogue, or employee appraisal, is a routine and periodic process for recording and assessing an employee's performance on the job.

Performance feedback is the information an employee receives about the rater's assessment of their performance as well as the manner in which the information is conveyed.

Therefore, the method that can be used to track goal progress is Providing performance feedback.

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Identify the dependent clauses in the list below. Check all that apply.

Answers

Answer:

kgoytuhkgi put it foyxjlvilvou dyik hvuofiyd syrcougoy Ra don't go you can good sounds frog chart right data edyxtus

Describe how you can develop a complete and healthy self-concept

Answers

To achieve emotional and physical well-being,The first step is to start loving yourself. Learn to accept your flaws after identifying them.Start making changes to your appearance if you don't like how your physique looks. You may start exercising and eating more healthfully.A "healthy person" starts with themselves.

This is further explained below.

What characteristics make up a solid outlook on one's self?

The capacity to know oneself; the capacity to evaluate one's own strengths and flaws as well as one's own abilities and potential.

In conclusion, The capacity to be truthful with oneself and to be consistent with one's identity and the things that are important to one. The capacity to accept legal and moral responsibility for one's own decisions and deeds.

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Answer: I can develop one by taking time for myself and I can achieve my goal of physical, mental, and emotional well-being. You have to love yourself and accept anything you may not think is good enough. Don't change for anyone except yourself. You can also start eating healthier and exercising more or regularly. It always starts with yourself.

Explanation: Thats what I put down on edge 2023. Hope this helps!

A local business in Toronto, Canada, has a reputation for offering a spectacular
customer journey, regardless of whether purchases are made online or in their brick-
and-mortar shop. In this context, what does the term 'customer journey' refer to?

Answers

Customer Journey is the complete experience that the customers goes through while interacting with the business.

Who is a customer?

A customer is a person who consumes the goods or services provided by a business, in other words the customer is the buyer of the goods and services of a business.

The customer journey is the complete interaction that a customer faces during the process of purchasing the goods and or services. The shop must include the best sales person who guides the customers correctly.

The local business in Canada have a spectacular customer journey for online and on-shop. For online shopping experience the website of the business must have been designed greatly so the customer does not experience any bugs, or any other type of error or issues during their shopping experience.

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Most schools and businesses require some standard style of documentation for written reports. Discuss why that might be.

Answers

Answer:

The reason most schools and businesses require some form of standard formate is to be precise and clear for the reader. When filing government documents, they are formatted in certain ways for filing and researching all the important information.

Explanation:

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