Under U.S. GAAP companies classify individual deferred tax asset or liabilities with related assets or liabilities as either current or non-current based on the date of creation.
Describe a GAAP example.The widely used set of standards and safeguards known as Generally Accepted Accounting Principles (GAAP) assure accurate and practical accounting statements. For instance, accounting is done according to fiscal periods, which might not match the actual calendar months.
What does "GAAP" stand for and why is it significant?A standardized set of guidelines for preparing financial accounts is known as generally accepted accounting principles (GAAP). Financial statements must be prepared in accordance with GAAP for public enterprises, nonprofit organizations, and governmental agencies.
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Which statement best summarizes the law of demand ?
A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.
Thank you :)
Buyers are more likely to buy a product that is supplied in large quantities.
What is the law of demand?The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.
What are the types of demand?Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term DemandLearn more about the law of demand here https://brainly.com/question/24019366
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In 2022, nina contributes 10 percent of her $100,000 annual salary to her 401(k) account. She expects to earn a 7 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 25 years, what is nina's after-tax accumulation from her 2022 contributions to her 401(k) account?
The after-tax accumulation from Nina's 2022 401(k) contributions is roughly $34,314.59.
The actions below must be taken in order to determine Nina's after-tax accumulation from her 401(k) account contributions in 2022:
Determine Nina's before-tax contribution in step one:
Assuming Nina contributes 10% of her $100,000 yearly earnings, her pre-tax contribution would be $10,000.
Determine Nina's accumulation before to taxes step two:
When Nina makes 401(k) contributions, she anticipates earning a 7% before-tax rate of return, thus her before-tax accumulation after 25 years is: $10,000 x (1 + 0.07)25 = $45,752.79
Determine Nina's after-tax growth in step Three:
We must take into account the tax ramifications of Nina's contributions and profits in order to determine her after-tax accumulation. The way Nina's 401(k) contributions and earnings are taxed will vary depending on her tax rate, when she retires, and the current tax legislation.
Nina's after-tax accumulation is $45,752.79 x (1 - 0.25) = $34,314.59 assuming a 25% tax rate.
Consequently, Nina's 401(k) account's after-tax accumulation from her 2022 contributions is roughly $34,314.59.
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Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6%
interest, compounded quarterly. If he hasn't made any additional deposits or
withdrawals since then, and if the interest rate has stayed the same, in what
year did his balance hit $2300, according to the rule of 72?
Answer:4900
Explanation: it makes sence duh.
Which of the following statements about socioeconomic status is not true?a) People of low SES tend to behave in unhealthy ways.b) People of low SES tend to have more stress.c) People of low SES are to blame for their poor health.d) Black Americans tend to have lower SES than whites.
The statement that is not true about socioeconomic status is option c) People of low SES are to blame for their poor health. Socioeconomic status refers to an individual's position in society based on their income, education, and occupation.
It has a significant impact on their health outcomes and life expectancy. People of low SES tend to have limited access to resources such as healthcare, healthy food, and safe living conditions, which can lead to poor health outcomes.
Research has shown that people of low SES tend to behave in unhealthy ways due to stress and lack of resources. They are more likely to smoke, consume alcohol, and have a poor diet, leading to health problems such as obesity, heart disease, and diabetes. Additionally, people of low SES tend to have more stress due to financial struggles, job insecurity, and discrimination, which can also negatively affect their health.
It is not fair or accurate to blame people of low SES for their poor health. Rather, it is essential to address the social determinants of health and provide access to resources that can improve their health outcomes. Furthermore, it is worth noting that Black Americans tend to have lower SES than whites due to systemic racism and discrimination.
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once a sterile field is established, items on the field may only be handled with sterile gloves.
A nurse is performing a sterile dressing change. If new sterile items or supplies are needed, " with sterile forceps or hands wearing sterile gloves" they be added to the sterile field. Therefore, option A is correct.
If a sterile dressing change requires the addition of new sterile objects or instruments to the sterile field, they should be handled with sterile forceps or sterile gloved hands. This is important to maintain field sterility and prevent contamination. Sterile forceps or sterile gloved hands reduce the risk of introducing pathogens and contaminants by ensuring that new items are not touched by non-sterile surfaces or hands.
To maintain sterility during medical procedures, it is important to follow proper sterilization techniques and procedures.
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The complete question is:
A nurse is performing a sterile dressing change. If new sterile items or supplies are needed, how can they be added to the sterile field?
a. with sterile forceps or hands wearing sterile gloves
b. by carefully handling them with clean hands
c. with clean forceps that touch only the outermost part of the item
d. by clean hands wearing clean latex gloves
Which of the following are important ways in which mortgage markets differ from stock and bond markets?A. The usual borrowers in capital markets are government entities, whereas the usual borrowers in mortgage markets are small businesses.B. The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses.C. The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses and individuals.D. The usual borrowers in capital markets are businesses and government entities, whereas the usual borrowers in mortgage markets are individuals.
The mortgage market differs from the stock and bond market in several important ways.
Here correct answer is A
First, the typical borrowers in capital markets are government entities and large businesses, while the typical borrowers in mortgage markets are small businesses and individuals.
In addition, mortgage markets typically offer more security for investors, since they are backed by physical property — typically a house — that can be repossessed and sold if the borrower fails to repay the loan. In contrast, stock and bond markets are more dependent on the creditworthiness of the issuer, as the investor has no collateral to recover in case the issuer fails to make payments.
Finally, since the mortgage market largely lends to individuals, its transactions are usually for much smaller amounts than the transactions typically seen in capital markets, such as for the issuance of government bonds.
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The deadline for filing a charge of unfair labor practices with the nlrb is _____ after the incident occurred.
The deadline for filing a charge of unfair labor practices with the nlrb 6 after the incident occurred.
A union or employer who breaches the National Labor Relations Act is engaging in an unfair labor practice (NLRA). A comprehensive list of employer activities that the National Labor Relations Board (NLRB) believes will unreasonably interfere with a specific employee's labor rights has been established.
The NLRB's staff members can help people submit complaints, but they are not permitted to do so on their own. According to the Act, "any person" (aside from a Board employee) may submit a charge to the NLRB.
Within six months of the events that form the foundation of the charge, such charges must be filed and served.
In some circumstances, such as when the party dishonestly hides its legal infractions, this period may be extended.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Question 2. Small Town Sweets—audit planning analytics (4%)
Small Town Sweets is based in Molong, NSW, and produces a range of high-quality confectionery for the East Coast market. Small Town Sweets operates in a low-margin environment, which typically means that large volumes are required to cover overhead costs and generate profits. It also means that overheads need to be kept under control to ensure that a net profit is generated from its operations. Debt is also kept to a minimum to ensure that interest costs are low and that there is sufficient margin to protect solvency during downturns.
The company did not reach industry profitability benchmarks in the previous year and budgeted to do better in the current year. It thought that it could do so by keeping its costs down in relation to sales while allowing its gross margin to drop, evidently planning to generate a larger volume of sales. The company also planned to better manage its working capital by reducing inventory and accounts receivable levels, indicating that it expected to produce a healthy cash flow to enable it to do so. As part of the planning process MCA has produced the following analytical information:
Ratio Actual Budgeted Prior Year Industry
Return on equity % 12.9 16.6 14.8 15.5
Return on total assets % 10.7 14.2 13.1 14.5
Gross margin % 8.5 9.0 9.5 9.0
Marketing expense/sales % 2.6 1.8 2.0 2.2
Admin expenses/sales % 1.6 1.6 1.8 2.0
Interest coverage ratio 5.4 8.1 6.4 6.0
Days in inventory 33.1 30.4 31.1 30.0
Days in accounts receivable 50.0 48.0 49.7 45.0
Current ratio 1.3 1.2 1.2 1.5
Quick asset ratio 0.81 0.77 0.77 1.0
Debt to equity ratio 0.51 0.33 0.41 0.40
Required
With reference to ASA 315 and the information above, identify and justify:
the three ratios that would be of most interest in the planning of the audit.
the account balance that is most at risk for each ratio identified in 1.
the assertion most at risk for each account balance identified in 2.
Answer this question using the following headings:
1. Ratio
2. Account balance
3. Assertion
Ratio:
a) Return on equity %
b) Days in inventory
c) Days in accounts receivable
Account balance:
a) Net income
b) Inventory
c) Accounts receivable
Assertion:
a) Existence
b) Valuation
c) Completeness
Justification:
Ratio:
a) Return on equity %: Return on equity is a key profitability ratio that measures the company's ability to generate profits for shareholders. It is of interest to auditors as it provides insight into the effectiveness of the company's management team in generating profits. A lower than expected return on equity could indicate mismanagement or fraudulent activity.
b) Days in inventory: Days in inventory is a ratio that measures the average number of days it takes for inventory to be sold. It is of interest to auditors as it provides insight into the efficiency of the company's inventory management system. A high number of days in inventory could indicate that inventory is not being managed efficiently, leading to potential overstatement of inventory and understatement of cost of sales.
c) Days in accounts receivable: Days in accounts receivable is a ratio that measures the average number of days it takes for customers to pay their bills. It is of interest to auditors as it provides insight into the efficiency of the company's accounts receivable management system. A high number of days in accounts receivable could indicate that the company is not collecting receivables in a timely manner, leading to potential overstatement of accounts receivable and understatement of bad debts.
Account balance:
a) Net income: Net income is the primary measure of a company's profitability. It is at risk if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Inventory: Inventory is a major component of cost of sales and is at risk if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Accounts receivable: Accounts receivable represent amounts owed to the company by customers. They are at risk if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
Assertion:
a) Existence: The existence assertion is at risk for net income if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Valuation: The valuation assertion is at risk for inventory if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Completeness: The completeness assertion is at risk for accounts receivable if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
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How is the focus group discussion (POD) used as a method of generating ideas?
Answer:
In a focus group, a moderator leads a group of people through an open, in-depth discussion rather than simply asking questions to solicit participant response. For a new product area, the moderator focuses the group discussion in either a directive or a nondirective manner.
all of the following statements about the Georgia real estate education research and recovery fund are true Except
A. The minimum balance shall be $1,000,000
B. regardless of the number of parcels of real estate involved the fund will disburse no more than $25,000 per transaction
C. any quart of competent jurisdiction may award the actual or compensatory damages not including interests in cost sustained
D. it lies in C acting as principal in a real estate transaction can claim as much as $15,000 against the fund
The correct option for the given question is A. The minimum balance shall be $1,000,000.The Georgia Real Estate Education, Research, and Recovery Fund has been established for consumers of Georgia's real estate licensees. The act established the Georgia Real Estate Education, Research, and Recovery Fund to reimburse consumers who have suffered monetary loss due to fraud, misrepresentation, or deceit by real estate licensees.
The Fund is used to repay aggrieved individuals who have lost money due to the fraudulent activities of a licensed real estate agent or brokerage.The following statements about the Georgia real estate education research and recovery fund are true except A. The minimum balance shall be $1,000,000.The following statements are true regarding the Georgia Real Estate Education, Research, and Recovery Fund:It is for the benefit of the public. It is funded by real estate licensees who pay into it, with a portion of their license fees.
The fund is capped at $100,000 per transaction, regardless of how many parcels of real estate are involved. A licensee can only be reimbursed up to $25,000 per transaction. Interest, attorney's fees, or punitive damages are not included in the compensation awarded by the Fund. It is required by law that all licensees in the state contribute to the Fund. The maximum amount of recovery that a principal acting in a real estate transaction can claim from the Fund is $50,000.
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What is the solution to this equation x+15=28
Answer:
13
Explanation:
Trust me
There are possible actions a company can take to improve the quantity and quality of its marketing intelligence.a): 7 b): 8 c): 9 d): 10A marketing intelligence system is a set of procedures and sources that managers use to obtain everyday information about developments in the marketing environment.a): True b): FalseFraming occurs when customers are given a perspective or point of view that allows the seller to "put its best foot forward".a): Yes b): NoThere are categories _________ of classification of buyer–supplier relationships.a): 6 b): 7 c): 8 d): None of the aboveThere are 4 steps in customer value analysis. a): Yes b): No
a) The correct answer is 8. There are 8 possible actions a company can take to improve the quantity and quality of its marketing intelligence.
b) The correct answer is True. A marketing intelligence system is a set of procedures and sources that managers use to obtain everyday information about developments in the marketing environment.
c) The correct answer is Yes.
d)The correct answer is 7.There are 7 categories of classification of buyer–supplier relationships. e) The correct answer is No.
For first question,There are 8 possible actions a company can take to improve the quantity and quality of its marketing intelligence. These include:
Motivating distributors, Networking externally, Setting up a customer advisory panel, Utilizing government data sources, Purchasing information from outside suppliers,
Collecting competitive intelligence, and 8) Conducting online research.
b) The correct answer is True. This includes information about customers, competitors, and any other factors that may affect the company's performance.
c) The correct answer is Yes. Framing occurs when customers are given a perspective or point of view that allows the seller to "put its best foot forward".
d) There are 7 categories of classification of buyer-supplier relationships.
e) The correct answer is No. There are 5 steps in customer value analysis. 4) Examining how customers in a specific segment rate the company's performance against a specific major competitor on an individual attribute or benefit basis, and 5) Monitoring customer values over time.
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Three years ago american insulation corporation issued 10 percent, $820,000, 10-year bonds for $780,000. debt issue costs were $4,000. american insulation exercised its call privilege and retired the bonds for $810,000. the corporation uses the straight-line method both to determine interest and to amortize debt issue costs.
Answer and Explanation:
The journal entry is shown below:
But before the following calculations are required
The Unamortized cost of the Issue is
= ($4,000 ÷ 10 years) × 7 years
= $2,800
Now
Discount on Bond is
= $820,000 - $780,000
= $40,000
And,
Unamortized Discount is
= ($40,000 ÷ 10 Years) × 7years
= $28,000
Now
Carrying Value of Bond after 3 Years is
= $820,000 - ($28,000 + $2,800)
= $789,200
And,
Loss on Early Retirement of Bond is
= $810,000 $-789,200
= $20,800
Now
Journal Entry is
Bond Payable $820,000 Dr.
Loss on Early Retirement of Bond $20,800
To Discount on Bond Payable $28,000
To Cost of Issue of Bond Payable $2,800
To Cash or Bank $810,000
(being the call on bond is recorded)
José works 30 hours each week. At the end of 6 months (26 weeks), he has made $31,200. How much does José make per hour? A. $40 B. $30 C. $23 D. $17
$40 José make per hour. Thus option A is correct.
What is work?Purpose and very well can be impacted by people's job experiences in a variety of ways. Work promotes personal growth, helps one attain key goals, generates good sentiments about accomplishments, and gives one's life shape and consistency.
In this the data that is presented is
The work which is done in a week is 30 hours.
He has worked for 6 months = 26 weeks
The total amount that is made is $31,200.
If the person worked for 30 hours per day for 26 weeks
then the total amount that he has received will be 30 * 26
= $780
The amount then received per hour will be = $31,200 / $780
= $40
The amount that is been made by Jose will be $40 for the work that he has done.
Therefore, option A is the correct option.
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Question 7 of 10
What is the purpose of a checkbook register?
A. To make sure that your expenses don't exceed your income
B. To keep track of the amount of money in your checking account
C. To prevent other people from using your checkbook
D. To prevent the bank from charging you an annual fee for your
account
The purpose of the Checkbook register is to keep track of the amount of money in your checking account. Thus, option B is appropriate.
A checkbook is made up of several checks which can be used for paying bills, making purchases, and other financial transactions. With the rise of online banking and commerce, fewer individuals are using paper checkbooks because additional individuals are making purchases as well as paying bills online.
A bank checkbook comprises paper instruments called "cheques" that may be used for transactions in money by the owner of a savings account. These checks are printed in advance containing the account details for the account holder.
Thus, option B is correct.
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Predict Consequences When the economy is
expanding, which of the following is a business
MOST likely to do?
A. close its international branches
B. lay off employees
C. invest in new equipment
D. cancel new product development
The correct option is C.
When the economy is expanding, the business invests in new equipment.
What happens during an expansion in the economy?Expansion, in economics, is an upward trend in the business cycle, characterized by an increase in production and employment, which in turn causes an increase in the incomes and spending of households and businesses.
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After outsourcing to global suppliers, ______ is not simple. A. integration B. unionization C. back-shoring D. computerization E. just-in-time.
Answer: C; Back Shoring
Explanation: I hope this helped. I just used the process of elimination :)
Which of the following is the best general definition of the study of economics
A) Individual and social choice in the face of scarcity
B) The best way to invest in the stock market
C) Business decision making under foreign competition
D) lnflation and employment in a growing economy
Answer:
C
Explanation:
Economics, in general, is understood as the study on how individuals and society makes choices in the face of scarcity of resources, having alternative uses, for the attainment of maximum satisfaction.
What does this quote means?
“If you look at the people in your circle and you don’t get inspired, you don’t have a circle you have a cage”.
Answer:
Explanation:
The quotation "If you look at the people in your circle and you don’t get inspired, you don’t have a circle you have a cage" is written by "Nipsey Hussle" an American entrepreneur and activist.
In life, there are ups and downs. People require some support in every phase of life either in ups for not getting pride which may lead to a downfall in the next phase and in downs for pushing you up and not letting you get depressed and move forward to achieve the biggest.
The quote well explains this theory and if you don't find it around you, it suggests you increase the diameter of your circle and find the right people in a healthy way.
Does anyone have a perfect competition business example?
Answer:
Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.
Explanation:
the factor which determines whether or not goods should be included in a physical count of inventory is
The legal title of the commodities is what determines whether or not they should be counted during a physical inventory. As a result, choice (A) is acceptable.
What is inventory?The term "inventory" describes the products and supplies that a company keeps with the intention of reselling, producing, or using them.
Defining the size, location, and shape of stocked commodities is a major focus of inventory management. Prior to the normal and scheduled course of production and stocking of materials, it is necessary at various points within a facility or at several sites of a supply network.
By defining work in process (or work in progress) broadly to mean "any work that is or has occurred prior to the completion of production," the concept of inventory, stock, or work in process (or work in progress) has been expanded from manufacturing systems to service firms and projects.
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Your question is incomplete, probably the correct question is
The factor which determines whether or not goods should be included in a physical count of inventory is:
a. legal title.
b. whether or not the purchase price has been paid.
c. management's judgment.
d. physical possession.
Complete the sentence: the procuring contracting officer can delegate certain administrative functions to the_______
The procuring contracting officer can delegate certain administrative functions to the contracting officer's representative (COR).
The contracting officer's representative (COR) is a designated individual who assists the procuring contracting officer (PCO) in the administration and management of a contract. The PCO has the authority to delegate certain administrative functions to the COR, who acts as a liaison between the PCO and the contractor.
The COR plays a vital role in contract administration by performing various administrative tasks on behalf of the PCO. These tasks may include monitoring contractor performance, conducting inspections, reviewing deliverables, verifying compliance with contract terms and conditions, and maintaining communication between the PCO and the contractor.
Delegating administrative functions to the COR allows the PCO to focus on strategic decision-making and overall contract management while ensuring efficient and effective day-to-day operations. It helps streamline the contract administration process by distributing responsibilities and leveraging the expertise of the COR in specific areas.
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You know your message will be given in the school auditorium to your peers
and adults, so you decide to adjust your message to be more formal. What
have you adapted your message for?
O A. Your environment
B. Your topic
O C. Your culture
O D. Your audience
SUBMIT
Answer:
D. Your audience
Explanation:
In this scenerio, you have changed the formality of your message based on whom you are delivering it to. The people that you are talking to are your audience. Your audience is an important part of your message. To make sure that your message is well recieved and understood, you shoud adapt your delievery of the message to the audience.
What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
B. Reviewing Key Terms
Complete each sentence by writing the correct term in the blank.
15. When a bank borrows money from another bank, the interest rate it pays is called the
16. Ownership of more than one bank constitutes a
17. When a bank customer writes a check, the check will go through the process of
M
18. A bank's total assets minus its total liabilities make up its
19. Banks repay loans from the Federal Reserve at a rate of interest called the
The correct terms for the sentences in question are as follows:
15. When a bank borrows money from another bank, the interest rate it pays is called the Overnight rate.
16. Ownership of more than one bank constitutes a Bank Holding company.
17. When a bank customer writes a check, the check will go through the process of check clearing.
18. A bank's total assets minus its total liabilities make up its net worth.
19. Banks repay loans from the Federal Reserve at a rate of interest called the Federal`s funds rate.
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Equivalent Units of Production: Average Cost Method Units of production data for the two departments of Atlantic Cable and Wire Company for July of the current fiscal year are as follows: Drawing Department Winding Department 1,300 units, 55% completed 400 units, 25% Work in process, July 1 completed 20,300 units 700 units, 3590 Completed and transferred to next processing department during July 20,800 units 1,000 units, 65% completed Work in process, July 31 completed Each department uses the average cost method a. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for the Drawing Department. Whole units Equivalent units of production b. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for the Winding Department. Whole units Equivalent units of production units units units units
The equivalent units of production for each department is 31,965 units and 1,175 units.
To calculate the equivalent units of production for each department using the average cost method.
We need to consider the percentage of completion for the work in process at the beginning and end of the month.
a. Drawing Department:
Whole units to be accounted for: Units in process on July 1: 20,300 units, Units started and completed during July: 20,800 units
Total units to be accounted for = 20,300 + 20,800 = 41,100 units
Equivalent units of production: Units in process on July 1: 20,300 units × 55% = 11,165 units
Units started and completed during July: 20,800 units
Total equivalent units of production = 11,165 + 20,800 = 31,965 units
b. Winding Department:
Whole units to be accounted for: Units in process on July 1: 700 units
Units started and completed during July: 1,000 units
Total units to be accounted for = 700 + 1,000 = 1,700 units
Equivalent units of production:
Units in process on July 1: 700 units × 25% = 175 units
Units started and completed during July: 1,000 units × 100% = 1,000 units
Total equivalent units of production = 175 + 1,000 = 1,175 units
Summary: a. Drawing Department: Whole units to be accounted for: 41,100 units
Equivalent units of production: 31,965 units
b. Winding Department: Whole units to be accounted for: 1,700 units
Equivalent units of production: 1,175 units
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Your beginning inventory was $46,000, your ending inventory is $37,000, your cost of goods sold was $19,000. How much were your purchases?
Answer:
$9000
Explanation: Because 46,000 minus 37,000 equals 9000.
How are scarcity and the laws of supply and demand connected?
Answer:
Scarcity and supply and demand are connected because they determine how much the product costs. First of all, scarcity describes supply. If a product is scarce and demand is high, the supplier would raise the costs for the product, but if there is plenty of supply, and low demand, the supplier would decrease the costs.