Every two weeks, No More Pencils, Inc., disburses checks that average $83,000 and take six days to clear. How much interest can the company earn annually if it delays transfer of funds from an interest-bearing account that pays .011 percent per day for these six days

Ye principles of internal control do not include restricted asset access

Option E is correct .

The most significant control conditioning concern segregation of duties, respectable authorization of sales and conditioning, acceptable documents and records, physical control over means and records, and self-dependent checks on performance.

Internal control is a procedure, effected by an reality's board of directors, supervision and other workforce, allowed to give reasonable satisfaction That facts is dependable, accurate and immediate. Of compliance with applicable laws, regulations, contracts, programs and processes.

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An organizational purpose refers to what a firm exists to do, given a particular group of customers and customer needs.

Even while scholarly interest in organizational purpose has grown, there is still a dearth of academic information and empirical study on the subject. Additionally, studies that have been done have significant flaws, such as a vague conceptualization and misinterpretations that obstruct the future growth and comprehension of organizational purpose.

A for-profit business entity that offers expert services is referred to as a firm. Examples of such entities are corporations, limited liability companies (LLCs), and partnerships. Most businesses only have one location. A business firm, on the other hand, is made up of one or more physical locations that are all owned by the same person and have the same EIN.

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Answer: See explanation

Explanation:

a. Total factory overhead = $1,000,000

Total direct labor hours = 50,000

Rate per hour = $1,000,000/50,000

= $20

Number of labor hours, product T = 20,000

Factory overhead = 20,000 × $20 = $400,000

Number of labor hours, product U = 30,000

Factory overhead = 30,000 × $20 = $600,000

b. Product T, factory overhead = $400000

Units = 900

Per unit factory overhead = $400,000/900

= 444.44

Product T, factory overhead = $600000

Units = 1100

Per unit factory overhead = $600,000/1100

= 545.46

c. Supervision = $700,000

Direct labor hours = 50000

Supervision rate per hour = $700000/50000

= $14

Set up labor = $300,000

Number of setup = 400

Supervision rate per hour = $300000/400

= $750

d. For product T:

Plant Supervision = 20,000 × 14 = 280,000

Set-up labor = 200 × 750 = 150,000

Total cost = 430,000

Number of unit = 900

Factory overhead per unit = 430,000/900 = 477.8

For product U:

Plant Supervision = 30,000 × 14 = 420,000

Set-up labor = 200 × 750 = 150,000

Total cost = 570,000

Number of unit = 1100

Factory overhead per unit = 570,000/1100 = 518.2

e. For the first part, the factory overhead is being divided using direct labor hours.

For the second part, the factory overhead is being aportioned using activity based costing.

For an inferior good with a decreased price, the substitution effect is negative and the income effect is negative. The overall effect on the consumer equilibrium condition depends on the relative strength of these two effects.

If Good X is an inferior good and its price decreases, the consumer equilibrium condition can be analyzed using the Slu/tsky decomposition approach. The Slu/tsky decomposition approach separates the substitution effect and the income effect of a price change.

The substitution effect occurs when the price of good x decreases, causing consumers to substitute other goods for good x, since it has become relatively more expensive. In this case, the substitution effect for good x is negative, meaning that consumers will decrease their consumption of good x as they substitute other goods for it.

The income effect occurs when the decrease in the price of good x increases the purchasing power of consumers, allowing them to buy more of all goods, including good x. In the case of an inferior good, the income effect is negative, since as consumers' incomes increase, they tend to buy less of inferior goods.

If the substitution effect is stronger than the income effect, the consumer will consume less of good x and the overall quantity demanded of x will decrease. If the income effect is stronger than the substitution effect, the consumer will consume more of good x, and the overall quantity demanded of x will increase.

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Answer:

The class width is calculated by subtracting the lowest value from the highest value in the given data set. In this case, the lowest value is 1035 and the highest value is 1428, so the class width is 1428 - 1035 = 393.

Explanation:

Answer: I can try to help you.

Explanation: In the narrowest sense, the government's involvement in the economy is to help correct market failures or situations in which private markets cannot maximize the value that they could create for society.

Answer:

B.  telemarketing

Explanation:

In the telemarketing, the company or an individual is directly in contact with its customer with respect to the product over the phone call so that they could aware of the product

In this, the face to face interaction is not done

Therefore as per the given situation, the option B is correct as in this met the criteria.

Answer:

b) telemarketing

Explanation:

Answer:

Flounder Corp.

The Effect of Each Transaction on the Accounting Equation:

1. Issued shares of common stock to investors in exchange for $137,000 in cash.

Assets (Cash +$137,000) = Liabilities + Equity (Common Stock +$137,000))

2. Borrowed $55,000 by issuing bonds.

Assets (Cash +$55,000) = Liabilities (Bonds Payable +$55,000) + Equity

3. Purchased delivery trucks for $63,000 cash.

Assets (Cash -$63,000; Trucks +$63,000) = Liabilities + Equity

4. Received $18,000 from customers for services performed.

Assets (Cash +$18,000) = Liabilities + Equity (Retained Earnings +$18,000)

5. Purchased supplies for $6,600 on account.

Assets (Supplies +$6,600) = Liabilities (Accounts Payable +$6,600) + Equity

6. Paid rent of $5,900.

Assets (Cash -$5,900) = Liabilities + Equity (Retained Earnings -$5,900)

7. Performed services on account for $10,700.

Assets (Accounts Receivable +$10,700) = Liabilities + Equity (Retained Earnings +$10,700)

8. Paid salaries of $26,700.

Assets (Cash -$26,700) = Liabilities + Equity (Retained Earnings -$26,700)

9. Paid a dividend of $11,500 to shareholders.

Assets (Cash -$11,500) = Liabilities + Equity (Retained Earnings  -$11,500)

Explanation:

The accounting equation states that Assets = Liabilities + Equity.  This equation is the basis of the double system of recording accounting transaction.  It shows that assets are funded by either liabilities or equity or a combination of the two.  With this equation, every transaction is recorded twice on either side of the equation or on one side, as the case may be.  The equation is always in balance because transactions are entered twice.

Answer:

If the company process further the units, income will decrease by $600.

Explanation:

Giving the following information:

A company has a process that results in 1,300 pounds of Product A that can be sold for $13.00 per pound.

An alternative would be to process Product A further for $13,600 and then sell it for $23.00 per pound.

We need to determine the result of further processing the product.

Sell as-is:

Effect on income= 1,300*13= $16,900 increase

Continue processing:

Effect on income= 1,300*23 - 13,600= $16,300

It is more profitable to sell the units before further processing.

Answer:

Explanation:

Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.

Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.

The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:

Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.

Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.

Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.

Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.

Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.

This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.

Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.

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Answer:down

Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).

Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:

Explanation:

a. Planning

Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.

b. Organizing

An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.

c. Directing

To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.

d. Controlling

One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.

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Answer:

False

Explanation:

Research finds it takes four positive thoughts to balance one negative thought.

Being positive makes for a better life and better perspective on things in life, we CAN train ourselves to be more positive and happier. :)

Research reveals that we cannot train ourselves to become more positive and happier, is the false statement.

Research is defined as the creation of new knowledge and/or the creative use of previously acquired knowledge to create new concepts, theories, and understandings.

In order to achieve new and creative discoveries, this may entail combining and interpreting past studies. A comprehensive, meticulous, and patient inquiry carried out to discover or establish facts or principles.

Research attempts to serve society by advancing knowledge through scientific theories, concepts, and ideas. The creation of hypotheses, data collecting, analysis, and other research techniques help to achieve a goal.

Thus, it is a false statement.

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Firm's total revenues will change to $600 if you increase the price of good X by 2 percent

Price elasticity of demand = percentage change in quantity demanded / percentage change in price −2 = percentage change in quantity demanded / 2% percentage change in quantity demanded = --2 x 2% = -4% The quantity demanded of good X would fall by 4% Revenue would change by -0.04 x  $60,000= -$2400 Cross price elasticity of demand measures the responsiveness of quantity demanded of good Y to changes in price of good X. 1.5 = percentage change in quantity demanded of good Y / 2% percentage change in quantity demanded of good Y = 1.5 x 2% = 3.0% The quantity demanded of good Y would increase by 3.0% Revenue would change by 0.030 x $100,000= $3000 Total change = -$2400+ $3000=$600

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According to the information, Colin was now ready to evaluate his income statement. Option A is correct.

Corresponds to the statement of profit and loss over a period of time. That is, it is a finalized accounting document that demonstrates revenues, expenses and profitability.

Therefore, through the income statement, the individual or the company can have a real notion of its financial results during an accounting period and then make analyses, corrections and projections for a new period.

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Answer:

Over time, the economy experiences many ups and downs. That's what we call cyclical unemployment because it goes in cycles. Cyclical unemployment occurs because of these cycles. When the economy enters a recession, many of the jobs lost are considered cyclical unemployment.

For example, during the Great Depression, the

Answer:

Structural Unemployment is the most common type of unemployment. It is also the worst type of unemployment. Since it is caused by forces other than the business cycle, it is more permanent in nature compared to other types of unemployment.

Explanation:

Economists primarily focus on three types of unemployment: cyclical, frictional, and structural.

Answer:

only 5 point.................

Answer:

8 business functions:

Explanation:

1. Finance's role is to fund, manage budgets, accounting, financial controls, and audits.

2. Marketing's role is processing like promotions, pricing, sales and distributions.

3. Information Technologies role is to developed and operate systems and applications.

4. Customer Service's role is managing customers and handling their needs or requests like inquiries or returns.

5. Production's role is manufacturing products or delivering for different services.

6. Distribution's role is the process of teaching the customer with the product you are delivering or service you are providing.

7. Design's role is prioritizing and making sure the design of the product or service stands out as it's own business function.

8. Governance's role is firm in direction and control. They manage the performance of management.

A Bulk Transfer of Goods is the sale of a substantial part of an enterprise that is not in the ordinary course of business,

A bulk transfer or sale refers to an arrangement whereby a business sells all or nearly all of its inventory to a single buyer and such a sale is not part of the ordinary course of business.

Hence, it is the sale of a substantial part of an enterprise that is not in the ordinary course of business,

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Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.

These elements form the foundation of a marketing strategy for businesses.

Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.

Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.

Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.

Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.

These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.

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The common stock that is seen here would be $500000

This is the term that would simply be used to refer to all of the shares that the shareholders of a company as well as the people that are the insiders in the company would own.

The retained earnings is given as

$132 * 0.05

= $6.6

= 6.6 x 100000

= 660000

The debit is $660000

The credit is 100000 x 5 = 500000

paid in capital in excess of par =  660000 - 500000

= $160000

The stock dividend distributable = $500000

common stock is given as $500000

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Answer: B. has owners with many different skill sets

One way a partnership differs from a sole proprietorship is that it has owners with many different skill sets. Hence, the correct option is B.

A partnership is a type of business structure where two or more people share ownership of a business. In a partnership, the partners share profits and losses, as well as the risks and liabilities of the business. Unlike a sole proprietorship where a single person has full control and is fully responsible for the business, in a partnership, the responsibility and risk are shared among the partners.

Since, partnership can have two or more partners, it is likely to have owners with many different skill sets. This is an advantage that a partnership has over a sole proprietorship.

Therefore, one way a partnership differs from a sole proprietorship is that it has owners with many different skill sets. Hence, the correct option is B.

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According to Percy Barnevik, CEO of ABB Asea Brown Boveri, as a global manager, you must think globally and act locally. For him, an organization must combine global scale and global technology while adapting to a local market.

It is a process by which companies implement their business in another country, through various ways, such as exporting a product and setting up factories in a foreign country.

The objective of internationalization is to achieve competitive and profitable advantages in a new market.

Therefore, despite the risks of internationalization, according to Percy Barnevik, an organization must adapt to the market, legislation and preferences of local consumers, using its best resources to be well positioned globally.

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Answer:

Retail businesses are important because they provide millions of jobs in the United States. According to the most recent figures, almost 10 million Americans work in retail, from cashiers to store vendors, to low-level clerks.

Business banks are important because they provide much needed deposit services and credit to businesses and individuals. The modern economy would not work without banking, and this is why the banking sector is highly regulated by the government, and often rescued in times of economic crisis.

Answer: B. Use deposits to provide loans and financing

Explanation:

A.P.E.X

Answer and Explanation:

Regulatory economics is the economics of regulation. It is the application of the law by government or independent administrative agencies for various purposes, including remedying market failure, protecting the environment, and economic management

Answer:

regulation economics is the economics of regulation. It is the application of the law by government or independent administrative agencies for various purposes

Answer:

D

Explanation:

Makes sense to me! Please tell me if wrong!

NEVERMIND DONT CHOOSE THIS ITS B

Gemma's task as Hugo's seller agent is to conduct a comparative market analysis (CMA) to determine the appropriate listing price for the house in Benton.

The purpose of a CMA is to determine the appropriate listing price for the property by comparing it to similar properties in the local market.

Gemma will gather information on recently sold properties in Benton that are similar in size, condition, location, and features to Hugo's house. This information includes the selling prices of these properties, as well as the time they spent on the market before being sold.

By analyzing the data from the comparable properties, Gemma will be able to assess the current market value of Hugo's house. This will help her and Hugo determine a competitive and realistic listing price that attracts potential buyers while maximizing the property's value.

Gemma's CMA will involve carefully selecting and evaluating the most relevant comparable properties and making adjustments to account for any differences between them and Hugo's house. These adjustments may consider factors such as square footage, upgrades, amenities, and location.

By performing a thorough and accurate CMA, Gemma will provide Hugo with valuable insights into the local real estate market and enable him to make informed decisions regarding the listing price and marketing strategy for his house in Benton.

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