suppose that a society begins at a point inside its production possibilities frontier (ppf) and then ends up at a point on the same ppf. which of the following could have caused such a change? a. the society started out using all its resources, but then allowed some of its resources to become unemployed. b. the society developed an improvement in technology. c. the society had some unemployed resources to begin with, but then started using all its resources. d. the society experienced an increase in the quantity of resources available.

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Answer 1

Suppose a society begins at a point inside its PPF and ends up at a point on the same PPF. Such a change would be caused by the society which had some unemployed resources to begin with, but then started using all of its resources.

The Production Possibilities Frontier (PPF) tends to show all the different combinations of output of two goods which can be produced while using available and unemployed resources and technology.

Suppose if there is increase in the availability of the resources in the economy then automatically the overall output in the economy will increase which will shift the PPF to the right.

Hence, option C is correct.

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Related Questions

consumed consumers are people who are used or​ exploited, willingly or​ not, for commercial gain in the marketplace. a lively red market exists for

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A lively red market exists for the body parts industry worldwide.

What is a consumer?

A consumer or customer to find at the person who wiles are the services which is being rendered to them. They pay money for the same.

The consumer or the customer are people who are used to taking out the body part in this where they are expired as they do not sometimes agree to it, but sometimes they do it for the money. This is an illegal practice that is being happened, and this practice is called a lively red market where the body parts are being purchased and sold.

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the weemow lawn service wants to start doing snow removal in the winter when there are no lawns to maintain. jeff and julie weems, who own the service, are trying to determine how much equipment they need to purchase, based on the various job types they have. they plan to work themselves and hire some local college students on a per-job basis. based on historical weather data, they estimate that there will be six major snowfalls next winter. virtually all customers want their snow removed no more than 2 days after the snow stops falling. working 10 hours per day (into the night), jeff and julie can remove the snow from a normal driveway in about 1 hour, and it takes about 4 hours to remove the snow from a business parking lot and sidewalk. the variable cost (mainly for labor and gas) per job is $12 for a driveway and $47 for a parking lot. using their lawn service customer base as a guideline, they believe they will have demand of no more than 40 homeowners and 25 businesses. they plan to charge $35 for a home driveway and $120 for a business parking lot, which is slightly less than the going rate. they want to know how many jobs of each type will maximize their profit.

Answers

We must maximize.

P = 23 x + 73 y

Now we must carefully formulate constraints from the problem's language. The first constraint will be the time limit, and the second will be the availability of jobs.

Time limitation:

There will be a total of six major snowfalls. If we assume they are all at least two days apart, Jeff and Julie have exactly 12 days to remove them. They also work 10 hours per day, for a total of 120 hours per week. Another assumption made here is that the 10 hour per day work period is for Jeff and Julie as a whole, rather than for each of them separately.

Snow can be removed in one hour from a normal driveway and four hours from a business parking lot, and Jeff and Julie can work a total of 120 hours. As a result, our time constraint would be,

x + 4y <= 120

Demand Restriction:

A maximum of 40 homeowners will request driveway snow removal, as well as a maximum of 25 business parking lot snow removal requests. As a result, the demand constraints will be,

x <= 40

y <= 25

There will also be an additional constraint because the number of jobs cannot be negative.

Also there will be an additional constraint considering that number of jobs cannot be negative.

x >= 0

y >= 0

The shaded region is the area of interest, and we must check the points G,D,C, and E to maximize profit.

Point x y P

G 0 25 1825

C 40 20 2380

D 20 25 2285

E 40 0 920

As a result, the profit will be greatest when x = 40 and y = 20. The total profit will be $2380.

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_____ is the process of grouping jobs together so that similar or associated tasks and activities can be coordinated.

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Departmentalization is the process of grouping jobs collectively in order that comparable or related duties and activities may be coordinated.

The definition of a job is the work you do to earn money. An instance of a task is working at a gasoline station. job is described as the vicinity wherein you visit work and earn cash. An instance of your job is the workplace and team of workers which you work with every day.

Jobs refers to a selected employment position or function, along with preparing dinner, instructor, or banker, whereas paintings refer in a more preferred way to activities that you do. curiously, all jobs involve work but doing work is not part of a process. A process may be just going to paintings to earn a paycheck. A profession means that each of your jobs, reports, and training programs is assisting you to develop in pay or obligation.

Jobs kinds offer a manner to categorize your work and tactics. even though all jobs vary in a few ways, there are normally commonalities that may be extracted and standardized. activity sorts allow you to group similar kinds of work together.

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According to modigliani and miller (mm), in a world without taxes the optimal capital structure for a firm is approximately 100 ebt financing. true false

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According to Modigliani and miller (mm), in a world without taxes, the optimal capital structure for a firm is approximately 100 debt financing. True .

Modigliani is maximum famous for his , which had been largely commissioned by using his pal and art provider Léopold Zborowski. In 1917, Modigliani had his first and handiest solo display and it brought on quite the scandal for its sensational and stunning content material.

Amedeo Modigliani's work has been supplied at auction multiple times, with realized prices starting from 20 USD to one hundred seventy,405,000 USD, depending on the size and medium of the paintings. on grounds that in 1998 the filed rate for this artist at public sale is 170,405,000 USD for Nu sofaé, bought at Christie's big apple in 2015.

Amedeo Modigliani's paintings have been offered at public sale in more than one instance, with found charges ranging from 20 USD to one hundred seventy,405,000 USD, relying on the scale and medium of the artwork. due to the fact 1998, the report price for this artist at auction is one hundred seventy,405,000 USD for Nu sofaé, bought at Christie's the big apple in 2015.

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Economic expansion and suburbanization in the 1950s led to cultural pressures to behave in certain ways according to your __________.

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Economic expansion and suburbanization in the 1950s led to cultural pressures to behave in certain ways according to your Gender.

An Economic expansion is an increase inside the stage of monetary hobby, and of the products and offerings available. it's miles a length of financial growth as measured via a rise in real GDP.

Economic expansion takes place whilst actual GDP grows from a trough to a peak within two or more next quarters. The expansion happens at some stage in times of economic stimulation, where there's a rise in employment, followed via customer confidence and discretionary spending. The phase is also called monetary restoration.

The economic system is moving out of recession. money is cheap to borrow, businesses increase inventories again and customers begin spending. GDP rises, consistent with capita earnings grows, unemployment declines, and fairness markets generally perform properly. height: The enlargement phase finally peaks.

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simone has decided that for their company to be more competitive and cost efficient the organization should tier back their hierarchical structure. flattened management layers global competition disruptive technologies

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The correct option is flattened management layers. As Simone decided that for her company to be more competitive and economical, the organization must reduce its hierarchical structure, she must implement layers of flat management in the organization.

What is a flat structure?

It corresponds to the reduction of hierarchical levels in an organization through greater autonomy and responsibility for each employee, making the intermediate management process dispensable, increasing the decision-making power, and self-management of each employee.

Therefore, a flat structure promotes the reduction of management costs, making the organization more economical, in addition to promoting communication through hierarchical integration, in addition to creativity and innovation, making the company more competitive.

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Within the core business process of ______, an organization provides a path for the company to follow and defines short-term objectives for the major activities in which the organization will engage.

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Within the core business process of operations, an organization provides a path for the company to follow and defines short-term objectives for the major activities in which the organization will engage.

A "core" business process is described as the least number of discrete actions that must be completed in order to ensure a specific level of consistency in output—without regard for hardware, software, or performance.The core processes are those involved in the product or service's conception and creation, marketing and transmission to the service beneficiary or buyer, as well as customer feedback or after-sales support.When a core process is implemented, anything can be added to improve efficiency, but nothing can be removed. When the core business process specifies that particular tasks must be completed in a specific order, this must be represented in the implementation. Likewise, any defined formulas or steps connected with a task must be represented in the implementation.

Thus the answer is operations.

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The three main areas in the value chain where significant differences in the costs of?

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The three main areas in the value chain were significant differences in the costs of the nature and the makeup of their own internal operations, the activities performed by the suppliers, and the activities performed by the wholesale distribution and retailing allies.

In a wholesale distribution model, a wholesaler buys goods from a manufacturer and then sells them to stores and other corporations. The wholesaler is an essential intermediary in this chain. Vendors typically buy items in bulk from manufacturers and suppliers, break down large portions of goods, save the products in a distribution middle, and finally sell and distribute the products downstream to various corporations, contractors, hospitals, eating places, and retail stores at wholesale expenses.  

There are 4 kinds of distribution channels that exist: direct selling, promoting via intermediaries, dual distribution, and reverse logistics channels. Distributors normally buy items in bulk from manufacturers and suppliers, damage down large quantities of products, shop the goods in a distribution middle, and finally promote and distribute the goods downstream to diverse businesses, contractors, hospitals, eating places, and retail stores at wholesale prices.

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A foreign currency trade that settles on a mutually agreed date after trade date is a? a cash settlement b seller's option settlement c forward settlement d spot settlement

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A  foreign currency change that settles on a collectively agreed date after the exchange date is a coins agreement.

Overseas foreign currency is the currency utilized by a foreign country as its diagnosed shape of financial exchange. This precise forex is the simplest shape of change that the applicable government allows for use for purchasing and selling inside its borders. for example, USD is the designation for the U.S. greenback, EUR is the designation for the Euro, GBP is the designation for the British pound, and JPY is the designation for the Japanese yen.

To desire the change of budget between exceptional nations; we can locate international locations with extra liquidity and others that want liquidity. To finance international exchange, whose transactions represent a sizable part of the foreign currency market. It serves because of the simple hyperlink among the local and overseas markets for diverse goods, services, and financial property. the use of the trade fee, we're capable of evaluating the charges of goods, services, and belongings quoted in specific currencies.

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If the price of pineapples increases from $3 to $5, and in response the quantity of pineapples purchased decreases from 28 to 20, the price elasticity of demand for pineapples during this period is?

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If the price of pineapples increases from $3 to $5, and the quantity of pineapples purchased decreases from 28 to 20, the price elasticity of demand for pineapples would be 4.0.

What is price elasticity of demand?

Price elasticity of demand refers to the ratio of the percentage change in quantity demanded of a product to the percentage change in price.

As per given in the question:-

Price of pineapples increases from $3 to $5 that means change in price is $2

Quantity of pineapples purchased decreases from 28 to 20 that means change in quantity is 8.

Formula of calculating price elasticity of demand is = % change in quantity demanded/ % change in price

                = 8/2

                =  4

Thus, the price elasticity of demand for pineapples is 4.0.

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the difference between the present value of an investment's future cash flows and its initial cost is the: multiple choice net present value. internal rate of return. payback period. profitability index. discounted payback period.

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Net present value is the difference between the present value of an investment's future cash flows and its initial cost .

What is meant by Net Present value ?

Net present value (NPV) is the current value of cash inflows minus cash outflows over a period of time (NPV). NPV is a metric used in capital budgeting and investment planning to assess the profitability of a proposed investment or project. NPV is the result of calculations to ascertain the present value of a stream of payments in the future.

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rade-offs between the – and the future require weighing the – available today against what will be available tomorrow. a good produced for present – is a

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Trade-offs between the present and future require weighing the benefits which are available today against what will be available tomorrow. A good produced for the present consumption is a consumer good.

A trade-off refers to a kind of compromise which involves giving up something in return for getting something else. So the necessity of making trade-offs tends to alter how we feel about the decisions we tend to face.

A consumer good is also referred to as a final good, which is any item that is ultimately consumed, rather than used in the production of another good. For instance, a bicycle or a microwave oven that is sold to a consumer is a consumer good.

Hence, a tradeoff is where one thing increases, and another must decrease.

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the adjusting entry required when amounts previously recorded as deferred revenues are recognized includes a:multiple choice

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The adjusting entry required when amounts previously recorded as deferred revenues are recognized includes a debit to a liability. Hence, Thus, option A is correct

What is debit to a liability?

The amount owing by the company decreases when a liability account is debited, and increases when a liability account is credited. Liability accounts are divided into two categories: current obligations and long-term liabilities.

A company's liabilities are the debts it must settle. Liabilities, as discussed before, represent a normal credit balance. Each time a liability account increases, a credit must be applied. To reduce it, it must be debited.

Thus, option A is correct.

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The options are missing-

A. A debit to a liability.

B. A debit to an asset.

C. A credit to a liability.

D. A credit to an asset.

Collecting an accounts receivable affects financial statements by increasing ______.

Answers

Collecting an accounts receivable affects financial statements by increasing balance sheet

Describe the balance sheet.

A balance sheet is a financial document that lists the assets, liabilities, and shareholder equity of a corporation at a certain point in time. Balance sheets serve as the foundation for calculating investor return rates and assessing a company's financial structure.

The balance sheet, or statement of financial position, is a summary of the assets and liabilities of a corporation as well as the amount of shareholder investment. To do fundamental analysis or determine financial ratios, balance sheets can be utilized alongside other significant financial accounts.

The assets, liabilities, and equity of a firm are balanced to create a balance sheet. Total assets = Total Liabilities + Total Equity is the equation.

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This permission-based email communication requires customers to verify the __________ method before their e-mail addresses can be used to communicate with them.

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This permission-based email communication requires customers to verify the Opt-in method before their e-mail addresses can be used to communicate with them.

Email, in complete digital mail, messages transmitted and acquired with the aid of using virtual computer systems thru a community. An email machine lets in laptop customers on a community to ship text, graphics, sounds, and lively photos to different customers.

email communication is a way of changing messages among human beings through the use of digital devices. Email became therefore conceived because of the digital model of, or counterpart to, mail, at a time when "mail" intended handiest bodily mail. An email is a machine for sending written messages electronically from one laptop to another. Email is an abbreviation of 'digital mail'.

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a city or county’s master plan is an example of government land-use controls where the authority is derived from the government’s

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it is derived from the government’s Police Power  According to United States constitutional law, the police power is the ability of the states to control conduct and uphold law and order on their soil for the benefit of their citizens' general welfare, safety, morals, and general well-being.

What elements make up police power?

The use of police authority has historically entailed the ability to (1) advance public health, morality, or safety, as well as the community's overall well-being; (2) create and enforce laws to advance the common welfare; and (3) restrict private rights in the public interest.

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When mountain climbers purchase clothing for scaling mount everest, their purchases are primarily addressing __________ needs.

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Populations whose individuals may require additional assistance prior to, during, and after an occurrence in. • Maintaining independence is one of the functional aspects that must be addressed. • Interaction.

What is Climbing?

Climbing is the activity of mounting a steep topographical object with one's hands, feet, or any other bodily part. It's done for movement, recreation, and competition, as well as in occupations that rely on ascent, such as emergency rescue and military missions. It is done inside and outside, on both natural and man-made structures.

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improvement of automatic extraction of inventive information with patent claims structure recognition

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Improvement of automatic extraction of inventive information with patent claims structure recognition the application of NLP, particularly automatic text processing, our most recent research has produced approaches for the automatic extraction of innovative information from patents.

Due to the high amount of noise (duplicates, errors) in the output result, these methods have limitations that hinder further TRIZ methodology application. In the interim, we discovered that the most significant source of innovative knowledge is patent claims. Even so, the dual character of these text paragraphs—which combine legal and technical vocabulary—generates some of the noise that is being detected. The main objective of the research is to modify the final output quality and shorten extraction time by taking into account claims hierarchical structure and structural information.

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suppose the new retirement account actually pays 8% interest per year and pays interest semiannually. how much money would you have at retirement?

Answers

According to the Question,

At the time of Retirement we would have $3,677,597.37

CALCULATION

The three problems listed above make use of the Time Value of Money principle, and they are simple to resolve using either a financial calculator or the following formula.

Amount's FV ( Face Value)  is calculated by multiplying its PV (Present Value)  by the number of compounding periods (1 + interest rate per period).Alternate formula: FV = PV × (1 + I / Y) N

1) The lottery's PV, which is $70,000, as stated above. The 45-year compounding period and the interest rate are both 8% annually. Solving for the existing FV

FV = $70,000 * (1 + 0.08)⁴⁵FV = $2,234,431.46

2) Since the only change is a 1% to 9% rise in the interest rate, the updated answer is as follows:

FV of the lottery winnings is equal to $70,000 * (1 + 0.09)⁴⁵Lottery prize FV is $3,382,910.03

3. The $70,000 lottery prize will now increase for 45 years at 9% compounded semi-annually.

Simply said, this implies that the 8% interest rate, which was originally for the entire year, would now compound semi-annually (2 times per year), compounding the principle by 4% each time. Two compounding periods would occur each year, and the interest rate would be cut in half.

Therefore, the PV is $70,000.

Because there are now two compounding periods in a year, the number of compounding periods is 45 * 2 = 90.Interest rate each compounding period is 9% divided by two, or 4.5%.The FV is calculated as follows: $70,000 * (1 + 0.045)⁹⁰FV = $3,677,597.37

Therefore we would have $3,677,597.37 at the time of Retirement.

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Correct and Complete Question -  You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% per year. If you intend to retire in 45 years, how much are these lottery winnings expected to be worth when you retire? $942,089 $2,234,431 $4,788,067 $1,260,147 $2,615,364 If you find an account that pays 9% annual interest instead of 8%, how much would you have at retirement? $8,543,022 $3,382,910 $5,831,239 $1,915,227 $1,890,221 Suppose the new retirement account actually pays 8% interest per year and pays interest semiannually. How much money would you have at retirement?

$3,677,597

$3,616,360

$2,043,797

$17,034,358

$2,119,250

The ability to evaluate claims about truth by using reason and evidence is referred to as:_________

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The ability to evaluate claims about truth by using reason and evidence is referred to as Critical thinking.

Critical thinking is the analysis of available information, evidence, observations, and arguments to shape a judgement. The subject is complex; several one-of-a-kind definitions exist, which usually encompass the rational, skeptical, and independent analysis or evaluation of factual evidence.

Critical thinking approach making reasoned judgments which can be logical and well-notion out. It's miles a manner of thinking in that you don't definitely be given all arguments and conclusions you are exposed to however alternatively have an attitude regarding thinking such arguments and conclusions.

Example is a triage nurse analyzes the instances to hand and decides the order by which the patients need to be treated. A plumber evaluates the substances that could exceptional suit a particular activity.

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potential career paths in operations and supply chain management include a production manager, who .

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A production manager, who organizes and oversees production in a manufacturing setting and is accountable for a diverse variety of workers, is one possible career path in operations and supply chain management.

A Production Manager is a specialist who manages the manufacturing process and coordinates all activities to ensure sufficient resources are available. They can arrange employee schedules, estimate expenditures, and develop budgets to guarantee that workflow meets deadlines.Bachelor's degree in business administration or a comparable subject is required for production managers. Prior production experience as a director or manager. Knowledge in production management, risk management, and safety laws is required. Outstanding organizational, time management, and leadership abilities.As a production manager, you'll be in charge of overseeing the manufacturing process and organizing all production activities and operations. You must plan and create a production schedule. decide on and order the necessary resources, and maintain proper stock levels

Thus this is the meaning of Production manager.

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If revenues exceed expenses for the accounting period, the retained earnings account?

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If sales during the accounting period are higher than expenses, the retained earnings account will have a lower balance after closing.

Retained Earnings: The whole net earnings or profit of a corporation, fewer dividends, is what is referred to as retained earnings. They are sometimes referred to as the profit surplus.

Revenue, cost, and dividend accounts are temporary or nominal accounts.

If sales during the accounting period are higher than expenses, the retained earnings account will have a lower balance after closing.

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by offering "healthier" fast food, burger king hopes to increase its market share and attract customers that previously bought from other fast-food chains. to which type of the environment is burger king reacting?

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By offering healthier fast food, burger king hopes to increase its market share and attract customers that previously bought from other fast-food chains. the competitive environment.

Burger King is the second biggest rapid meals hamburger chain within the global. The particular domestic of the Whopper, our dedication to pinnacle-rate materials, signature recipes, and family-exceptional eating stories are what have described our emblem for more than fifty hit years.

Burger king offers lots extra healthful alternatives on their menu list. They even serve better espresso and higher Coke than BK's. comparing those two food giants McDonald's additionally processing higher fries. The meal is called 5 greenback Your way and includes a Double Whopper Jr a small order of fries, 4 piece nuggets, and a small drink. The meal virtually is not new the least bit, however sincerely coming around again.

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the purposes of managerial accounting are to provide useful information to aid in: (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.)

Answers

The purposes of managerial accounting are:

determining costs of products and services comparing actual to planned results

What is managerial accounting used for?

Managerial accounting is accounting that is made for internal users in the company. It's purpose is to aid in decision making by showing details on the financial position of the company that won't be shown to those outside.

One purpose of managerial accounting is for help in determining the cost of products and services by looking at the amounts spent on those things. Analysis can also allow us to compare planned results and thresholds to actual results.

Options for this question include:

reviewing past activities determining costs of products and services determining costs of employee wages and salaries comparing actual to planned results

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cards give consumers a unique card number that is valid for one transaction only.]

Answers

Payment cards give consumers a unique card number that is valid for one transaction only on Single-use cards.

Unmarried-use account numbers are generated via your financial organization's internet site or through downloaded software, which includes a cellular app or browser extension The account numbers can be used to make buys on line and in some cases for phone orders. A virtual credit card wide variety is a restrained-use code tied to a credit score card you have already got.

A one-time-use credit score rating card is a credit score score cards extensive range that can be used as soon as and best for a restrained time. it is usually used as an possibility to credit score rating playing cards at the same time as making on-line payments. Many banks offer this kind of credit card in which you generate a one-time credit card range on-line. you may request a one-time digital credit card variety from your card provider if it gives this option to apply for net purchase.

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a couple thinking about retirement decide to put aside $4,000 each year in a savings plan that earns 7% interest. in 10 years they will receive a gift of $20,000 that also can be invested.

Answers

They have got collected   $4708.forty four (Approx) 30 years from now

financial savings plan.

A financial savings plan is a method for collecting cash at the way to gain unique financial dreams. It enumerates the goals in query and the stairs to acquire them. Such dreams may also embody.

We use the system:    

A=P(1+r/one hundred)^n

where

A=future fee

P=present value    

r=price of hobby

n=time period.

future value of 28000=28000*(1.08)^25

=28000*6.8484752

=$191757.306

subsequently amassed savings=249223.064+191757.306

=$440,980.37(Approx)

b.more savings required=720,000-440980.37

=$279019.sixty three

future fee of annuity=Annuity[(1+rate)^time period-1]/charge

279019.sixty three=Annuity[(1.08)^30-1]/0.08

279019.sixty three=Annuity*113.283211

Annuity=279019.63/113.283211

= $4708.forty four (Approx)

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staffing fluctuations associated with project completion and initiation are most likely to occur in organizations that are:

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staffing fluctuations associated with project completion and initiation are most likely to occur in organizations that are: functional structure.

A material thing or system is said to have a structure if its interrelated constituents are arranged and structured in that way[1]. Biological beings, minerals, and chemicals are examples of naturally occurring objects that have a structure. Data structures used in music and computer science are examples of abstract structure. A hierarchy is a series of one-to-many linkages. Other types of structure include networks with many-to-many links and lattices with connections between components that are spatially adjacent.

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the fundamental problem of economics implies that: governments must be relied upon to supply essential goods and services inflation and unemployment are unavoidable growing populations will deplete natural resources individuals and communities must make choices among competing alternatives

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The fundamental problem of economics implies that individuals and communities must make choices among competing alternatives.

Define Economics.

The social science of economics focuses on the creation, exchange, and consumption of goods and services. Economics is the study of how economies function and the activities and interactions of economic agents. Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society. In addition, the definition of economics states that it is a science that examines the production, distribution, sale, and acquisition of products and services. The analysis of the stock market is one application of economics.

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project management appears to be ideally suited for a business environment requiring accountability, flexibility, innovation and repeatability.

Answers

False, A company climate that demands responsibility, flexibility, creativity, speed, and continual improvement seems to be best suited for project management.

More about project management:

Project management is the practise of directing a group of people to accomplish tasks or meet deadlines inside a company. Project management entails project planning, tracking, communication, and documentation with the aim of successfully completing work within the parameters of time, scope, and money.

The use of procedures, techniques, abilities, knowledge, and experience to accomplish particular project goals in accordance with predetermined guidelines is known as project management which is used by a lot of companies now a days.

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Based on the combined population and gdp, which preferential trade organization has the greatest global impact?

Answers

Based on the combined population and GDP, ASEAN preferential trade organization has the greatest global impact.

The founding members of ASEAN—Indonesia, Malaysia, the Philippines, Singapore, and Thailand—signed the ASEAN Declaration (also known as the Bangkok Declaration) on August 8, 1967, officially establishing the Association of Southeast Asian Nations, or ASEAN.

It has enormous strategic, economic, and diplomatic importance for our future. Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam are the 10 Southeast Asian nations that make up ASEAN.

According to the ASEAN Declaration, the Association's goals and objectives are to: (1) promote regional peace and stability through enduring respect for justice and the rule of law in international relations; and (2) accelerate economic growth, social progress, and cultural development in the region.

Learn more about ASEAN here

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