This makes management personally responsible for the accuracy of the company's financial statements.
The Sarbanes-Oxley Act of 2002 is a federal law that established extensive auditing and accounting regulations for public companies. Lawmakers created legislation to protect shareholders, employees and the public from accounting errors and fraud.
The Sarbanes-Oxley Act of 2002 requires the CEO and CFO of publicly traded companies to issue a statement certifying that the accompanying financial statements and information give a true and fair view, in all material respects, of the company's operations and financial condition.
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Which Facets Model of Effects is a value that the customer assigns to something after receiving information from their senses?
Perception facets model effect is a value that the customer assigns to something after receiving information from their senses
The organization, identification, and interpretation of sensory information in order to represent and understand the presented information or environment is referred to as perception. All perception involves the transmission of signals through the nervous system, which results from physical or chemical stimulation of the sensory system.
The act or ability to perceive; mental grasp of objects, qualities, etc. through the senses; awareness; comprehension.
Facet model effect- The Facets Model of Effects examines the various aspects of a consumer's reaction to a brand message to determine which strategies will capture their attention.
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abc has beginning inventory for the year of $18,000. during the year, abc purchases inventory for $230,000 and has cost of goods sold equal to $233,000. abc's ending inventory equals:
To calculate ABC's ending inventory, we can use the formula: Ending inventory = Beginning inventory + Purchases - Cost of goods sold
Plugging in the given values, we get: Ending inventory = $18,000 + $230,000 - $233,000
Ending inventory = $15,000
Therefore, ABC's ending inventory for the year is $15,000. This means that ABC has $15,000 worth of inventory remaining at the end of the year after accounting for the cost of goods sold and purchases during the year. This ending inventory value will be carried forward to the next accounting period as the beginning inventory value.
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if a small increase in the price of a good reduces quantity demanded to zero, demand is and the price elasticity of demand is equal to . group of answer choices perfectly elastic; infinity unit elastic; one perfectly inelastic; zero perfectly elastic; zero
Demand and price elasticity of demand are both completely elastic if a small price rise causes the quantity desired of an item to decrease to zero.
The correct option is a.
A good or service's price elasticity of demand is calculated by dividing the percentage change in the amount sought by the percentage change in the price. The ratio of the percentage change in quantity supplied to the percentage change in price is the price elasticity of supply.
Comparing changes in consumption to price changes is price elastic demand. Price elasticity of demand gauges how much a change in price affects how much an item is consumed. It is computed by subtracting the percent change in price from the percent change in consumption.
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Each of the four ps plays a distinct role in adding value for customers and firms. product, the first of the four ps, is responsible for ______.
Each of the four ps plays a distinct role in adding value for customers and firms. product, the first of the four p/s, is responsible for communicating.
This is further explained below.
What is communicating?Generally, "An apparent remedy to the unpleasant divides between self and other, private and open, and inner mind and the outward world," is communication.
Face-to-face interactions, telephone calls, text messaging, email, the Internet (including social media platforms such as Fac/ebook and Twi/tter),
radio and television, printed letters, pamphlets, and reports are all examples of these types of interactions.
It is essential, for the sake of good communication, to choose a suitable communication channel.
In conclusion, When it comes to creating value for consumers and businesses, each of the four ps plays a unique and important role. The communication function is within the purview of the product, the first of the four Ps.
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can someone help me with this please.
Answer:
sure
Explanation:
no image
Financial service
A. is concerned with the duties of the financial manager.
B. involves the design and delivery of advice and financial products.
C. provides guidelines for the efficient operation of the business.
D. handles accounting activities related to data processing.
B. Financial service involves the design and delivery of advice and financial products.Option B is the correct answer. Financial service refers to the activities involved.
The design and delivery of advice and financial products to individuals, businesses, or organizations. It encompasses a wide range of services provided by financial institutions, including banks, investment firms, insurance companies, and financial advisors.Financial services can include services such as financial planning, investment advisory, wealth management, insurance products, lending and borrowing, payment processing, and various other financial products and solutions.While option A mentions the duties of the financial manager, financial services go beyond the scope of a single individual's role and involve a broader range of services provided by different entities in the financial industry.
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Elena Fargas Charge account statement shows unpaid balance of $6982.25 the monthly finance charge is 1.55% of unpaid ba
Answer:
Find my detailed explanations and computations below
Explanation:
In essence, based on the unpaid balance of $6982.25 with a monthly interest rate of 1.55%, the finance charge on the unpaid balance can be determined as the unpaid balance multiplied by the monthly interest rate as shown
The finance charge for the month=unpaid balance*monthly interest
The finance charge for the month=$6982.25*1.55%
The finance charge for the month=$108.22
The balance owed altogether is the unpaid balance plus the finance charge on the unpaid balance
Total balance unpaid=$6982.25+$108.22
Total balance unpaid=$7,090.47
the sales process begins with the salesperson locating companies or people who are most likely to buy the seller's offerings. this activity is called:
Finding businesses or individuals who are most inclined to buy the vendor's offerings is known as prospecting, which is the first step in the sales process.
What exactly does it mean to prospect?The first stage in the selling process is prospecting, which entails locating potential clients, also known as prospects. The aim of prospecting is to create a database of potential consumers, then communicate with them in a methodical manner in the hopes of turning them from potential customers to present customers.
Is marketing the same as prospecting?Prospecting is the key to closing the deal and keeping your clients satisfied moving forward, whereas marketing can shorten the sales cycle or even direct you to new prospects. Make sure the marketing initiatives will complement your business when you start to think about it.
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Subject: Accounting
PLEASEE DO ANSWER
13 On 1 April Mary had a bank overdraft of $1450. On 2 April she paid $250 cash into the bank and paid rent, $390, by cheque.
What is Mary's bank overdraft after the transactions on 2 April? Explain your answer.
A $810 B $1310 C $ 1590 D $2090
Answer:
C
Explanation:
Mary's account was negative $1450. she paid $250 in cash making her account negative $1200. when her cheque clears the bank she will be overdrawn $1590
-1450+250= (1200) -1200-390=($1590) over drawn
is it fine to work on improving up to four EQ skills at a time?
Answer:
In order to build EQ—and become emotionally healthy—you must reconnect to your core emotions, accept them, and become comfortable with them. You can achieve this through the practice of mindfulness. Mindfulness is the practice of purposely focusing your attention on the present moment—and without judgment.
a
3 Discuss a method that a business owner may use to reduce
the level of risk in the running of their business.
Answer:
Know the law. ...
Document everything important. ...
Hire significant employees. ...
Build your reputation. ...
Protect your data.
here are some ways
Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from gertie at a $5\%$ simple daily interest. in how many days will darren and fergie owe the same amounts, assuming that they will not make any repayments in that time period?
Answer:
20
Explanation:
start doing math
In 20 days Darren and Fergie owe the same amounts.
What is simple interest?simple interest is primarily based on the primary quantity of a or the primary deposit in a savings account. simple interest does not compound, which means that a creditor will best pay interest on the main amount and a borrower could by no means pay extra interest at the previously gathered interest.calculation:-
10% is on $100 is = $10
5% SI on $150 = $7.5
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The efficient management of providing payroll and benefits for
happy and productive employees is looked after by the ________
department of an organization.
Multiple Choice
research and development
The efficient management of providing payroll and benefits for happy and productive employees is looked after by the Human Resources department of an organization.
The Human Resources department plays a vital role in managing various aspects related to employees, including payroll and benefits administration. Here's why the Human Resources department is responsible for this function:
Payroll Processing: The Human Resources department ensures accurate and timely processing of employee payroll. They collect and maintain employee data, calculate salaries, deductions, and withholdings, and ensure compliance with applicable laws and regulations. They also handle issues related to bonuses, overtime, and other compensation-related matters.
Benefits Administration: Human Resources manages employee benefits programs, such as health insurance, retirement plans, paid time off, and other perks. They communicate benefit options to employees, handle enrollment and eligibility processes, and address employee inquiries and concerns related to benefits.
Compliance and Legal Requirements: The Human Resources department ensures compliance with labor laws and regulations regarding payroll and benefits. They stay updated on changes in legislation, maintain records, and process required filings and documentation, such as tax forms and employee contracts.
Employee Relations: Human Resources acts as a liaison between employees and management regarding payroll and benefits matters. They address employee concerns, provide guidance on policies and procedures, and facilitate communication between employees and payroll providers or benefit vendors.
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In every state, there is a government-subsidized university. This subsidy, in theory, would make it possible for tuition to be lower than it otherwise would have been. How might an economist employed by the government justify the subsidy
The economist employed by the government will justify the subsidy by saying it is expected to increase the productivity which is the basis for the long run aggregate supply curve.
Basically, a subsidies is a program which are provided for education to improve the skills of the individuals going to college.
Economically, the program is expected to increase the productivity which is is the basis for the long run aggregate supply curve.
Now, once the productivity is increased, the potential GDP is increased and thus, the long-run aggregate supply curve is shifted to the right which increases the current GDP as well.
In conclusion, the economist employed by the government will justify the subsidy by saying it is expected to increase the productivity which is the basis for the long run aggregate supply curve.
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Which of the main components of money management involves creating a plan for spending and saving during particular time periods, such as a year, month, or week?
A. financial records
B. personal financial statements
C. budgeting
D. filing taxes
Answer:
C. budgeting
Explanation:
The main components of money management that involve creating a plan for spending and saving during particular periods, such as a year, month, or week is known as BUDGETING
Budgeting is a part of the components of money management. It is an act of estimating the total expenses and income that deals with establishing a plan for spending and saving and usually gathered and regularly re-examine, including yearly, monthly, or weekly
Layton Company purchased tool sharpening equipment on October 1, 2012, for $108,000. The equipment was expected to have a useful life of three years, or 12,000 operating hours, and a residual value of $7,200. The equipment was used for 1,350 hours during 2012, 4,200 hours in 2013, 3,650 hours in 2014, and 2,800 hours in 2015.Required: Determine the amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, by:(a) the straight-line method,(b) units-of-output method, and(c) the double-declining-balance method.Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.
The amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company is determined as follows:
(a) the straight-line method:2012: $33,600
2013: $33,600
2014: $33,600
2015: $0
(b) the units-of-output method:2012: $11,340 (1,350 x $8.40)
2013: $35,280 (4,200 x $8.40)
2014: $30,660 (3,650 x $8.40)
2015: $23,520 (2,800 x $8.40)
(c) the double-declining-balance method:2012: $71,993 ($108,000 x 0.6666)
2013: $24,002 ($36,007 x 0.6666)
2014: $4,805 ($12,005 - 7,200))
2015: $0
Data and Calculations:Cost of equipment = $108,000
Useful life = 3 years
Operating hours = 12,000
Residual value = $7,200
Depreciable amount = $100,800 ($108,000 - $7,200)
Straight-line depreciation rate = $33,600 per year ($100,800/3)
Units-of-output method rate = $8.40 per hour ($100,800/12,000)
Double-declining-balance method rate = 66.6666 (100/3)
Thus, the depreciation expenses for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company have been determined using (a) the straight-line method, (b) the units-of-output method, and (c) the double-declining-balance method.
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best answer: brainliest
write an essay or a story about receipt (150words) and invoice (150words) seperately
Answer:
Receipt:
As I walked out of the grocery store, I couldn't help but smile as I looked at the little piece of paper in my hand. It was a simple receipt, listing the items that I had purchased and the total amount I had paid. But to me, it represented so much more than that.
The receipt was proof that I had successfully completed my weekly shopping trip. It was a record of the money that I had spent and the food that I had purchased to feed my family. It was a reminder of the things that I had accomplished that day, and a symbol of the abundance and abundance that I had in my life.
But most of all, the receipt was a symbol of trust. It was a sign that the grocery store had trusted me to pay for my purchases, and that I had trusted them to provide me with the food that I needed. It was a small but important part of the cycle of trust and mutual support that exists between businesses and consumers.
Invoice:
As I sat at my desk, staring at the computer screen, I couldn't help but feel a sense of satisfaction. I had just finished creating an invoice for a client, and it was a work of art. It was clear, concise, and professional, and I knew that it would be well-received.
The invoice was a document that outlined the services that I had provided to my client, along with the associated costs. It was a record of the value that I had delivered, and a reminder of the hard work and dedication that had gone into the project.
But most of all, the invoice was a tool for communication. It was a way for me to let my client know exactly what they owed me for my services, and to ensure that we were both on the same page about the terms of our agreement. It was a crucial part of the business relationship, and I knew that it would be instrumental in maintaining trust and mutual respect between myself and my client.
EA19. 5.5 Prepare the journal entry to record the sale of 2,000 units that cost $8 per unit and sold for $15per unit.
Answer:
hyrufyigkjbhvtdu
Explanation:
fxhdrye75rgikjbhvtdu5ertyhinjbhvcutdbcgjtdlu5et
Which of the following is NOT a type of decision described in the segment?
Contingent decision
"Why" decision
"Whether" decision
"Which" decision Thing
Among the listed decisions, contingent decisions are not a type of decisions described in the segment since they are decisions already made
What is decision-making?Decisions making are choices that are made among different choices that are placed before an individual.
Some of the decision styles that are crucial to an individual or business include:
DirectiveAnalytical ConceptualBehavioralAmong the listed decisions, contingent decisions are not a type of decisions described in the segment since they are decisions already made but on hold pending the occurrence of a certain event or occurrence.
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Which technique of advertising shows that multiple consumers use a product to build consumer trust in the product?
Answer:
don doing it for 5 point give 100 then ill think abt it
Explanation:
Communication training may encompass train-the-trainer initiatives. 01) True 2) False )
The statement' communication training may encompass train-the-trainer initiatives' is true.
In the field of business where communication is required, the people who are trained need to enhance their skills with time, based on the new clients or deals that are being made.
Hence, in communication training, the trainer might need to be trained in order to make a new style or strategy for new deals or clients. This, in communication training, the train-the-trainer initiatives can be observed as there are no higher levels any every worker needs training for the next level.
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Brainliest please answer ANY ANSWERS WITH NO ANSWER WILL BE REPORTED
Let’s catch up with our law enforcement officer Detective Claire, who is investigating a series of jewelry thefts all over New York City. Claire has a suspect in mind but must find proof before she can charge the suspect in the crimes. As part of her investigation, Claire will need to interview a variety of experts, including some from the Government and Public Administration and the Human Services career clusters. Let’s work along with Claire to gather and assess data (or clues) about the crimes and see if they connect with her suspect.
Claire was first assigned to this case after an upscale jeweler opened his shop one morning to find several display cases empty. Distraught, he phoned police. After Claire arrived, she ordered techs to look for fingerprints and video surveillance footage. She had the owner list the stolen items so that if the thief tried to sell them nearby, police would be on the lookout.
Here is the list of stolen items the owner made, along with the value of items stolen:
TABLE 1 Stolen Item List
Stolen Item Price per item Qty Total Value
5-carat diamond necklace
$32,995
1
Emerald and diamond tennis bracelet
$19,999
3
3-carat diamond engagement ring
$25,560
5
Mother of pearl necklace
$69,000
2
Men’s gold watch
$25,850
4
Unfortunately, the smart thief wore gloves, so no fingerprints were recovered from the scene. They also wore a black balaclava to cover their face, so Claire had almost no data about the thief’s appearance to work with.
Math Problem #1
Copy the table above to your math paper and calculate the total value of items lost in the first jewelry heist.
Over the following year, there were six more heists throughout the city, with total goods stolen valued at $3.75 million. Each time, the thief left no fingerprints and always wore a mask to hide their identity. The last heist did uncover one valuable clue though. As the suspect was filmed loading the jewelry into a black duffel bag, Claire caught a glimpse of a label. When she had the tech team focus in on the bag’s label, Claire found that it was the bag from an expensive French designer.
This clue led Claire to believe that the suspect must be someone who traveled internationally, particularly to France. She reached out to James, a contact in the Foreign Service sector, who was able to verify that French and British authorities had been investigating similar crimes in their countries. James was able to forward their police reports, including this list of the value of items stolen:
Major League Baseball teams are similar to other firms in that they use factors of production to produce a product (baseball games). An example of capital used by teams to produce their products is
Major League Baseball teams are indeed similar to other firms in that they use factors of production to produce a product. In this case, the product is baseball games. Just like any other firm, they require various types of capital to produce their product.
One of the main types of capital that baseball teams use is stadium infrastructure. This infrastructure includes things like seating, concession stands, and scoreboards. Additionally, teams require equipment such as baseballs, bats, and gloves for their players to use during games. Teams also need to invest in marketing and advertising to promote their brand and increase ticket sales. Finally, teams require human capital in the form of skilled athletes and coaches to compete at the highest level. Overall, just like any other firm, Major League Baseball teams require a mix of physical, human, and financial capital to produce their product - baseball games.
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How does the price of oil impact the price of food?
Answer:
The price of Oil effect the price of food because it all works together in the economy/system
Explanation:
5. When the economy is SLOWING and stock prices are FALLING, why might an investor BUY
stocks?
Answer: Because if it goes down plumiting it will come back up higher later on
Explanation: For say dogecoin drops to 1 cent a coin, id buy then because it would continue to go up higher and higher
This is a case study adopted from the book of Crispina R. Corpuz. "Reyes Department Store" Based on the review of the store, Nicole, the general manager concluded that one of the first things she has to attend involves developing the job description of her store supervisor. During her first few weeks on the job, Nicole found herself asking one of her supervisors, Jet, why was he violating what she knew to be part of the company policies and procedures. Jet’s only response was that he was not aware of that policy and was not aware it was part of his job. Nicole knew that a job description, along with a set of standards and procedures that specify what was to be done and how to do it, will go a long way toward alleviating the problem. Discuss the process that Nicole should follow to solve this problem.
In order to Nicole to solve this problem, she must reevaluate the job description and company policies and procedures, and then include certain specifications that will make employees more aware of their roles within the company.
Nicole is the general manager of the Reyes Department Store, so she acted correctly when she noticed inconsistent conduct by one of her supervisors and identified the problem.
She then realized that she should carry out a job description along with standards and procedures that specify what should be done and how to do it.
A job description is a document that specifies the responsibilities and activities of each organizational role.
Its objective is to adapt professionals to their work position according to their profile and optimize people management, creating greater standardization of processes and agility in decisions.
Therefore, job descriptions must always be monitored and revised so that new needs are included and so that employees can carry out their role effectively.
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after applying multiple analysis techniques, what conclusions can be drawn from the provided financial data?
Vertical analysis conclusions can be drawn from the provided financial data. The answer is OPTION A
A technique for examining financial statements that list each line item as a percentage of the basic figure within the statement is called vertical analysis. Each subsequent line in the statement represents a percentage of the total, with the first line always displaying the base value at 100%.
A vertical analysis is a technique used in accounting to display the relative sizes of the various accounts on a financial statement. For instance, if a vertical analysis is performed on an income statement, the top-line sales figure will be displayed as 100%, and the figures for each other account will be displayed as percentages of the total sales figure. The answer is OPTION A
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The question is incomplete the complete question is:
after applying multiple analysis techniques, what conclusions can be drawn from the provided financial data?
a. Vertical analysis
b. Operational cost
c. Gross profit ratio
d. Marginal revenue
Imagine starting your own company. What type of company might you start and what type of ownership do you think would work best for your business? Why?
I would start a company that will be a sole trader company, as this will have my own capital and no other investors or shareholders.
What is a Company?A company is a business that sells products and or services to customers for the earning of profits, the company I will form is a sole trader and it will be a burger shop.
This will have a sole trader and no other shareholder, the complete profit will be enjoyed by the sole owner and if required more capital the further capital will be obtained by the banks through loan a fixed interest will be paid to them each year.
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Your new health insurance has a $4000 deductible. What does that mean?
Investment 2 Study questions Practice Questions: 1. On January 1, Stacy's portfolio was valued at $96,534. During the year Stacy received $3,285 in interest and $4,100 in dividends. She also sold one stock at a gain of $850. The value of the portfolio on December 31 of the same year was $113,201. At the end of June, Stacy withdrew $5,000 from the portfolio. What is the holding period return for the year? (refer slides for the formula) Sol: 25. 8% 2. Six months ago, Suzanne purchased a stock for $28 a share. Today she sold the stock at a price of $32 a share. During the time she owned the stock, she received a total of $1. 30 in dividends per share. What is her holding period return? Sol: 18. 9% 3. On January 1, Tim's portfolio was valued at $432,098. During the year Tim received $10,563 in interest and $15,060 in dividends. He also sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any more funds nor withdraw any funds during the year. On December 31 of the same year, Tim's portfolio was valued at $398,189. What is the holding period return for the year? Sol: -1. 9%
The holding period return for Stacy's portfolio for the year is 25.8%. The holding period return for Suzanne's stock is 18.9%.Tim's holding period return for the year is -4.67%, indicating a negative return.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
In Stacy's case, the beginning value of her portfolio on January 1 was $96,534, and the ending value on December 31 was $113,201. She received $3,285 in interest, $4,100 in dividends, and had a gain of $850 from selling a stock. She also withdrew $5,000 at the end of June.
Holding Period Return = [($113,201 - $96,534 + $3,285 + $4,100 + $850) - $5,000] / $96,534
= ($24,902 + $4,100 + $850 - $5,000) / $96,534
= $24,852 / $96,534
= 0.257 or 25.8%
Therefore, the holding period return for Stacy's portfolio for the year is 25.8%.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends] / Beginning Value
In Suzanne's case, the beginning value of the stock was $28 per share, and the ending value was $32 per share. She received $1.30 in dividends per share.
Holding Period Return = [($32 - $28) + $1.30] / $28
= ($4 + $1.30) / $28
= $5.30 / $28
= 0.189 or 18.9%
Therefore, Suzanne's holding period return for the stock is 18.9%.
In the case of Tim's portfolio, the holding period return for the year is -1.9%.
Tim's portfolio had an initial value of $432,098 on January 1 and a value of $398,189 on December 31. He received $10,563 in interest and $15,060 in dividends. However, he sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any additional funds or make any withdrawals during the year.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
= [($398,189 - $432,098) + $10,563 + $15,060 + (-$12,870)] / $432,098
= (-$33,909 + $10,563 + $15,060 - $12,870) / $432,098
= -$20,156 / $432,098
= -0.0467 or -4.67%
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