what is referred to a process that involves developed action plan that leads to achieving specific goals​

There are four main types of systems: Transaction Processing Systems (TPS), Management Information Systems (MIS), Decision Support Systems (DSS), and Executive Information Systems (EIS).Classification and explanation of the systems:

Point-of-sale system in a supermarket falls under the category of Transaction Processing Systems (TPS). It is an example of an operational system that supports the core operations of a business. This system helps to process customer payments, calculate and store inventory data, manage transactions and generate receipts for each sale.

It automates the sales process and provides accurate and timely information on sales transactions. This system has a user-friendly interface that makes it easy for cashiers to use and reduces the chance of human error.A system that sends out reminders falls under the category of Management Information Systems (MIS). This system helps in the process of decision making by providing information to managers.

The system helps to gather, process, store, and disseminate data to help managers in their decision-making process. Reminders are sent out to employees to complete tasks or deadlines. For example, a system that reminds employees to renew their health insurance or complete their timesheets.

The system automates the process of sending reminders and makes it easier for managers to keep track of tasks that need to be completed by employees.

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The book "Auditing Cases: An Interactive Learning Approach" by Beasley, Buckless, Glover, and Prawitt is in its 7th edition, published by Pearson in 2019.

This interactive learning resource focuses on auditing and provides students with case studies to enhance their understanding of real-world auditing scenarios. The book engages students in active learning through the examination of various auditing issues and challenges.

By presenting interactive case studies, the authors aim to develop students' critical thinking, analytical skills, and ethical decision-making abilities in the field of auditing. The book serves as a valuable resource for students pursuing careers in accounting and auditing.

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This question is not complete, Here I am attaching the complete question:

Explain this article "beasley, m. s., f. a. buckless, s. m. glover, and d. f. prawitt, auditing cases: an interactive learning approach. 7th edition, pearson, 2019."

Benny is self-employed. he’s experienced a bit of success over the last few years and is now ready to purchase a home. he’s meeting with a lender later today . Benny can expect to be asked for additional documentation to verify his income.

Self-employment is the state of being able to work for yourself rather than for your employer. Tax authorities generally consider an individual to be self-employed if they choose to be recognized as self-employed or if the individual has income that is taxable.

Self-employed means doing business as a partner or owner rather than working for your employer. According to IRS guidance (page 2), a person who “trades or does business as a sole proprietorship or independent contractor” is self-employed.

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"No Ego" is a leadership approach that aims to reduce workplace drama, end entitlement, and drive significant results.

To implement this strategy, leaders should:

1. Encourage open communication: Promote honest discussions and create a safe environment for employees to express concerns without fear of retaliation.

2. Establish clear expectations: Define roles, responsibilities, and performance metrics to eliminate ambiguity and foster accountability.

3. Foster a growth mindset: Emphasize continuous learning, self-reflection, and improvement over maintaining the status quo or protecting one's ego.

4. Focus on solutions: Encourage team members to identify and address challenges with a problem-solving attitude, rather than placing blame or dwelling on drama.

5. Model humility: Demonstrate willingness to learn from mistakes, seek feedback, and adapt as needed, setting a positive example for the team.

By implementing these steps, leaders can create a healthy work environment where employees prioritize collaboration and results over ego-driven behaviors.

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The fact that Phyllis and Maury obtained a mortgage from Taylor Bank & Trust first means that the loan with that bank is a First Mortgage.

The first mortgage refers to the first time that a mortgage loan was acquired on a property.

This loan would often be senior to any subsequent loans that come afterwards which means that in the case of default, they have priority. The loan from Taylor Bank & Trust was acquired first so this is a First Mortgage.

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Answer:

Once per year

Explanation:

The law requires businesses to prepare their financial statements and reports every year or twelve months. A business's financial period should not exceed 12 months. All firms must prepare their financial reports to the relevant stakeholders at the end of every financial period.

Shareholders, investors, business partners, and the government are some of the users of the company's financial reports. The law expects the business to present their financial statements at the end of every period. However, companies may prepare reports in between the financial period for their internal use.

Answer:

A norminal wage is not adjusted for inflation and real wage is adjusted for inflation

The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).

An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.

When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.

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Organizational culture is the set of beliefs, values, norms, and practices that shape the way an organization operates and interacts with its stakeholders.

It is often referred to as the "personality" of the organization and can be classified into four main types: clan, adhocracy, market, and hierarchy.

Clan culture is characterized by a strong sense of family and collaboration among employees, with an emphasis on mentoring and nurturing.

Adhocracy culture values creativity, innovation, and risk-taking, with a focus on flexibility and adaptability.

Market culture is competitive and results-oriented, with a focus on achieving goals and maintaining a strong market position.

Hierarchy culture is structured and formal, with clear roles and responsibilities and an emphasis on efficiency and stability.

In my organization, the organizational culture we have is a strong clan culture. There is a sense of camaraderie and support among employees, and we often work together on projects and share ideas.

We also have a mentoring program in place to help new employees learn the ropes and develop their skills. This has helped to create a positive and productive work environment and has contributed to the success of the organization.

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Explanation:

The statement highlights the fact an activity we may consider ourselves good at may not necessarily strengthen us mentally.

Hence, it emphasizes the need for self-evaluation of the needs we are good at to see whether actually makes us happy.

For example, someone who is good at telling nice stories and yet discovers when they are involved in that activity they aren't happy.

This scenario rightly dipicts why one's strength is not determined by what they are good.

Therefore, we can say indeed, "Just because you're good at something doesn't make it a strength!!".

The statement "They own and control the functions of the organization" best describes a cooperative organization.

A cooperative is when two or more people come together to form an organization or form a business that is democratically run and managed by them alone. This means that it is a united effort by the individuals involved to run a business.

A cooperative organization, in short, can be best stated as the unified union or gathering of various individuals with different expertise or dreams with the aim to achieve success. They share the responsibilities among themselves and also control the functions of the organizations equally.

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'Cooperative Organization' is characterized as the 'organization that is either partially or wholly owned and regulated by its employees, customers, or tenants.'

The sentence that appropriately describes such an organization would be:

B). They own and control the functions of the organization.

In a cooperative organization,

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In my opinion, minimum wage should be increased because an increase in minimum wage would reduce poverty, increase consumer spending, and promote economic growth.

Minimum wage has not kept pace with inflation, and that the current federal minimum wage of $7.25/hr is not a living wage in most parts of the United States. A $15/hr minimum wage would provide a more realistic living wage for many low-wage workers, but there is disagreement on whether this should be achieved through federal legislation or through individual state action.

Ultimately, whether or not to raise the minimum wage is a complex issue that involves balancing the needs of workers, businesses, and the overall economy. It is important for policymakers to carefully consider the potential impacts of any minimum wage increase and to find ways to support low-wage workers without unduly burdening businesses.

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Answer:

$647.96

Explanation:

Sue the following formula to calculate the price of the bond at the time of sale

Price of Bond = Face value of the bond / ( 1 + Market interest rate )^numbers of years

Where

Face value of bond = $1,000

Market interest rate = 7.5%

Numbers of years = 6 years

placing values in the formula

Price of Bond = $1,000 / ( 1 + 7.5% )^6

Price of Bond = $647.96

It is because knowing how much a particular investment in stock would do compared to alternatives, makes the relative change more useful to think about than the absolute dollar-per-share difference.

As you can see, the percentage change method provides a more precise description of how the data has changed over time. Since you will typically be working with larger datasets and quantities, using this method is more crucial.

Because percentage change is used to illustrate how much the stock price has changed in relation to the previous price, we divide by the old amount. This makes it easier to compare changes from, say, year to year or company to company because we can see at a glance how significant the change is.

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D) Both a and b are correct. Option C is not necessarily correct because the labor supply curve is dependent on many factors, including individual preferences and external factors such as market conditions, and cannot be determined solely based on the wage rate increase.

The increase in Fiona's hourly wage, the opportunity cost of her leisure time has decreased, which means she can now afford to spend more time on leisure activities without sacrificing as much income. This may lead her to choose to work fewer hours, as the opportunity cost of her leisure time is now lower. If Fiona's labor supply curve is upward sloping, this means that she is willing to work more hours as her wage increases, but in this case, the increase in her hourly wage may still lead her to choose to work fewer hours due to the decreased opportunity cost of leisure time.

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Smartphone advertising has several advantages over internet advertising.

Firstly, smartphones are personal devices, and people are more likely to carry them around with them all the time, making it easier for advertisers to reach their target audience at any time of the day. Secondly, smartphones allow for more accurate and precise targeting as they can use GPS to pinpoint the location of the user, making it possible to deliver personalized and relevant ads. Additionally, smartphones offer a more immersive and interactive experience compared to internet advertising. With smartphones, advertisers can use augmented reality, videos, and other interactive content to engage their audience and drive engagement. Lastly, smartphone advertising is more cost-effective than internet advertising as it offers higher click-through rates and conversion rates, making it an attractive option for businesses of all sizes. In conclusion, smartphone advertising offers several advantages over internet advertising, making it a more effective and efficient way to reach and engage with potential customers.

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Answer:

Public sector provides many services such as; education, health and social care.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) = $674,000

EBIT (Earnings Before Interest and Taxes) = $541,000

Interest Expense = $82,000

Net Income = $447,000

The income and expenses of fitness studio, inc.'s are:

Based on the income statement provided, we can see that the fitness studio, inc. had an EBITDA (earnings before interest, taxes, depreciation, and amortization) of $674,000 and an EBIT (earnings before interest and taxes) of $541,000. This means that the company's operating income was $541,000 before accounting for any interest expenses.
However, the company did have interest expenses of $82,000, which brings us to the company's net income of $447,000. This means that after accounting for all expenses, including interest expenses, the fitness studio, inc. had a net income of $447,000 in 2021. Overall, the income statement indicates that the fitness studio, inc. had a profitable year in 2021.

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Answer:

Which of the following most accurately describes the change in average weekly earnings since 1980 Average weekly earnings have risen for college-educated workers only Which of the following workers is likely to earn the highest wage

Only college-educated workers' average weekly incomes have increased is most accurately describes the change in average weekly earnings since 1980.

Income is the money an individual receives in compensation for his or her work, services, orinvestments, or the money generated by a company's sales of goods and services.

Thus, Only college-educated workers income is increased.

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If the Fed quickly restores the economy to its long-run potential growth rate, the shock was likely temporary or transient in nature.

It could be a demand-side shock, such as a temporary decrease in consumer spending or investment, or a supply-side shock, such as a disruption in the availability of key inputs or a natural disaster that temporarily affects production.

In either case, the Fed's quick response and ability to restore the economy to its long-run potential growth rate indicate that the shock was not a structural or long-term issue. Instead, it was a temporary disturbance that the Fed was able to mitigate through its monetary policy tools, such as adjusting interest rates or implementing stimulus measures.

Overall, the specific nature of the shock can vary, but what is evident is that it was a temporary deviation from the long-run growth path, and the Fed's actions helped restore stability and economic growth.

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Protect businesses' freedom to buy and sell products

Brainliest is appreciated :)

Managers should constantly be on the lookout for any kind of inequity, perceived or genuine to avoid discontent in the workplace.

A  manager can be defined as the person whose roles and responsibility is to plan, lead , coordinate and control the day to day activities or operation  of a company so as to achieve smooth operation.

It is of necessity or essentials  that managers  lookout for any kind of inequity or lack of fairness so as to avoid discontent or dissatisfaction  in the workplace.

Therefore Managers should constantly be on the lookout for any kind of inequity, perceived or genuine to avoid discontent in the workplace.

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Slotting allowances are the fees that manufacturers pay retailers for access to more or better shelf space for existing brands. - True.

Manufacturers pay retailers a fee known as a "slotting allowance" to have their products displayed in more enticing locations of the store like the end caps or eye-level shelves.

Slotting allowances are a crucial component of the retail sector because they give producers the opportunity to obtain a competitive edge in the market by having their items shown more prominently.

Retailers may also utilize the fees to defray the expense of stocking and displaying products.

Manufacturers and retailers can benefit from higher sales and profits thanks to a mutually beneficial arrangement called slotting allowances.

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The situation that the used car market falls to as a victim in this case is known as adverse selection.

An adverse selection is a situation where a sellers have information that buyers do not have or where the buyer have an information that the seller do not have about some aspect of product quality

In conclusion, the situation that the used car market falls to as a victim in this case is known as adverse selection.

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The given statement exists true. An agreement between two or more parties to achieve a certain set of agreed-upon goals while still operating as autonomous organizations are known as a strategic alliance.

A strategic alliance is an agreement between two businesses to work together on a project that will benefit both parties while maintaining their individual freedom. Compared to a joint venture, which involves two companies pooling resources to form a new business organization, the arrangement is less intricate and legally enforceable.

Strategic alliances are not a fix-all for every business and circumstance. However, through strategic alliances, businesses can strengthen their market position, enter new markets, add necessary talents, and split the cost and risk of large-scale development initiatives.

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If the fed carries out an open market operation and sells u.s. government securities, the federal funds rate rises, and the quantity of reserves decreases. Option E

Generally, One of the most important tools that the Federal Reserve employs in the process of putting monetary policy into action is known as open market operations, or OMOs for short.

These OMOs include the buying and selling of assets on the open market by the central bank. The Federal Open Market Committee is in charge of determining what the short-term goal for open market operations should be.

The Federal Reserve moves the federal funds rate and influences other interest rates via the use of open market activities. This is done in order to either speed up or slow down the economy.

The Federal Reserve may expand the money supply and decrease the fed funds rate by acquiring, in most cases, assets issued by the Treasury.

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CQ

If the Fed carries out an open market operation and buys U.S. government securities, the federal funds rate and the quantity of reserves

The correct answer is e. lowers the wage rate of workers who are able to get a job.

A minimum wage law sets a legal floor on the wage rate that employers can pay to their workers. When the minimum wage is set above the equilibrium wage rate, which is the wage determined by the supply and demand for labor, it creates a surplus of labor. This surplus leads to an excess supply of workers compared to the available job opportunities. As a result, employers are able to be more selective in their hiring decisions and can lower the wage rate for the workers who are able to find employment. This means that workers who are able to secure a job will receive a lower wage than they would have in the absence of a minimum wage law.While a minimum wage law may have the intention of improving the welfare of low-wage workers, it can have unintended consequences, such as reducing employment opportunities and potentially increasing the time spent searching for a job by those who are unable to find employment.

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Answer:

decrease bank reserves; decrease the exchange rate and real GDP

Explanation:

The Federal reserve uses various monetary policies to regulate cash flow in the economy with a view of managing various indices like inflation, GDP, deflation, and so on.

Interest rate is one of the monetary policies that can be used to.vonttol the economy.

When interest rate is high cost of borrowing cash from commercial banks will be high so people are discouraged from borrowing. There is higher reserve in banks, and cash flow is restricted.

However in a situation where the economy is troubled the Federal Reserve will reduce interest rate.

This results in cheaper cost of borrowing funds, commercial bank reserves will reduce because of increased outward flow of cash.

As the cash in the economy is in excess the rate at which it exchanges for foreign currencies will fall.

This in turn results in more money being spent on foreign goods and will reduce real GDP

False. Bona fide competitive behavior is generally permissible and does not require the breaking of a contract.

Bona fide competitive behavior refers to legitimate and lawful competitive actions taken by businesses in the marketplace. It involves fair competition and pursuing business opportunities without engaging in unfair practices that harm competitors or violate antitrust laws.

Businesses are typically allowed to compete with each other by offering better products, services, or prices to attract customers. Engaging in healthy competition is a normal and expected part of free markets.

Breaking a contract is a separate matter and generally requires legal justification. Contracts are legally binding agreements, and breaching a contract can have legal consequences unless there are valid reasons such as a breach by the other party, mutual agreement to terminate the contract, or other legal justifications recognized by contract law.

In summary, bona fide competitive behavior is permissible in the normal course of business competition and does not require the breaking of a contract.

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