The employment level has to be in order to produce an output level of $12,300 billion real GDP would be 140 million.
What is GDP?The phrase used to gauge a nation's economic standing is real GDP.
Real growth in the nation's output of goods and services is what determines the country's real GDP.
Rising employment levels result in rising real GDP numbers for the nation.
In addition to serving as a general indicator of economic success, GDP is frequently utilized in international comparisons. It is frequently referred to as the "most potent statistical measure of national development and progress in the world." Critics of the growth imperative, however, frequently assert that GDP statistics were never intended to assess progress and omit important additional externalities, such as resource extraction, environmental effect, and unpaid domestic work.
As is demonstrated, According to the graph, below
140 million people per year, or point C in the following graph, are needed to create an output level of $12,300 billion in real GDP. The criteria for the other three will not be met.
So, in order to create an output level of $12,300 billion real GDP, 140 million jobs are needed.
Hence,140 million is the answer.
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assuming sales prices and cost behavior remain unchanged, when variable costing is used, when does net income change in response to changes in unit sales?
All of the above is the correct response i.e., option (d) when variable costing is implied.
What is cost behaviour ?The system by which expenses respond to changes in activity levels is known as cost behaviour. Management uses it to predict whether costs will respond favourably or not. Understanding is crucial for performing cost-volume-profit analyses and creating budgets.
If the cost and sales prices remain constant, the net income will fluctuate:
The number of units produced affects the variable cost of production, and if more units are sold than are produced, more money is made.Net income will decline if the amount of goods and services produced is less than the amount of goods and services sold. This occurs as a result of a discrepancy between production and sales costs.An increase in net income will occur from an equal number of units produced and sold. Due to the sales price including a profit margin, the income will rise.To know more about, net income, visit :
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The complete question is mentioned below :
Assuming sales prices and cost behavior remain unchanged, when variable costing is used, when does net income change in response to changes in unit sales?
a. when the number of units sold exceeds the number of units produced
b. when the number of units produced exceeds the number of units sold
c. when the number of units sold exactly equals the number of units produced
d. all of the above
union contracts dictate many of the terms and conditions of the employment relationship and can influence both what must and can be included in a job offer. true false
The statement is True, as union contracts dictate many of the terms and conditions of the employment relationship and can influence both what must and can be included in a job offer.
What are Union contracts?A union contracts is a type of written agreement between the employer and the employees which gives information about the details of terms and benefits in a clear and legal binding way. Employee benefits is one of the most crucial and important element of union contracts. The different types of benefits include health insurance, dental or vision insurance, pension and life insurance.
What are Labour Union Contracts?Labour union contracts are different types of unilateral, bilateral, agreements between the labor union and the employer. Labour agreements are called Collective bargaining agreement. Labour union agreement consists of various components including detail agreements on wages, benefits, working schedule, The National Labour Acts govern the collective bargaining process.
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there are four common variations of person-administered/computer-assisted interviews: the in-home interview, the mall-intercept interview, the in-office interview, and the telephone interview. true false
True. Four common variations of person-administered/computer-assisted interviews are :
The in-home interview,
The mall-intercept interview,
The in-office interview, and
The telephone interview.
What is computer assisted interviews?
Computer- supported particular interviewing ( CAPI) is an canvassing fashion in which the replier or interview uses an electronic device to answer the questions. It's analogous to computer- supported telephone interview , except that the interview takes place in person rather of over the telephone.
What's a computer administered check?Computer- administered checks are an illustration of an information technology that agents, specialists, and other Extension preceptors could use to gather data presently collected using posted questionnaires. Electronic checks can be used to reveal the geste of people who use computers as a communication mode.
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consumerism is associated with . multiple select question. advertising that associated products with particular lifestyles rather than just giving facts about a product the decline of radio as a medium a lack of advertising, because people were buying in great numbers without the need for ads silent films, which kept the movie industry unpopular and made radio more powerful the rise of
Consumerism is associated with advertising that associates products with particular lifestyles rather than just giving facts about a product
The tendency to continuously consume is known as consumerism. It is the need to acquire more possessions and establish one's identity via them. Consumer spending and GDP growth are seen as benefits of consumerism by economists.
Consumerism is a type of social and economic order and ideology that promotes acquiring things and services in ever-increasing quantities. One example of consumerism is buying a different car for each day of the week.
A significant economic and social organizing factor is consumerism. It is a crucial factor that affects building production, and much of it can only be understood by looking at how it relates to consumption. The degree to which different types of building products are related to consumption varies.
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marc has been told to create a way for his company to achieve maximum exposure to its customers at the lowest possible cost. marc worked on the project for a while, doing research and looking at what other companies had done. then he put the project on the back of his desk for a couple of days while dealt with some routine paperwork. which period of the creative process is marc experiencing?
Incubation is the period of the creative process is marc experiencing
A workspace called a business incubator was developed to provide startups and emerging businesses with access to the tools they require all under one roof. The incubation process enables company owners to protect their cash and obtain outside assistance to hasten the growth of their enterprises. The Enterprise Center recognizes each entrepreneur's individuality via company incubation and provides assistance and specialized services to enhance each business' potential. An incubator is a business that helps entrepreneurs grow and succeed faster by providing them with resources, services, and networking opportunities. They are crucial in supporting startups and entrepreneurs.
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Many birth control pills release a constant amount of synthetic estradiol and progesterone for 21 days, followed by 7 days during which no hormones are ingested. Which of the statements describes the effects of birth control pills?.
For the duration of a woman's menstrual cycle, neither hormone allows the ovary to release an egg (called ovulation). They accomplish this by altering the body's normal hormone production levels. Progestins also thicken and make sticky the mucus that surrounds a woman's cervix. As a result, sperm are less likely to penetrate the uterus.
What is the most secure kind of birth control?In general, progestin-only or combination low-dose birth control tablets are regarded as the safest because they have the lowest chance of creating blood clots.The IUD and implant are the most user-friendly and reliable forms of birth control, and they also work the best at preventing conception. If used properly, other birth control methods, such as the pill, ring, patch, and injection, are also quite effective at preventing pregnancy.The combination pill, the progestin-only pill, and the continuous use pill are the three varieties now on the market.For the duration of a woman's menstrual cycle, neither hormone allows the ovary to release an egg (called ovulation). They accomplish this by altering the body's normal hormone production levels. Progestins also thicken and make sticky the mucus that surrounds a woman's cervix. As a result, sperm are less likely to penetrate the uterus.To learn more about Progestins refer to:
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purchasing-power parity theory does not hold at all times because a. the same goods produced in different countries are perfect substitutes for each other. b. many goods are not easily transported and the same goods produced in different countries may be imperfect substitutes. c. prices are different across countries. d. consumer preferences are different across countries.
When there are transportation costs, trade barriers (like tariffs), price differences for non-tradable inputs (like rental space), incomplete information about the state of the market, and when other Forex market participants, like investors, there will be insufficient Purchasing Power Parity (PPP) between the countries.
What is Purchasing power parity?PPPs are, in their most basic form, just price relatives that display the ratio of the costs of the same commodity or service in various national currencies. Additionally, PPPs are calculated for product categories and all levels of aggregation up to and including GDP.
A common statistic used by macroeconomic analysts to compare the currencies of various nations using a "basket of goods" methodology is purchasing power parity (PPP). Economic productivity and living standards can be compared between nations thanks to purchasing power parity (PPP).
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what is the profit maximization condition for a monopoly? where marginal cost is minimized where total revenues are maximized where price equals marginal cost where marginal revenue equals marginal cost g
A critical quality of a monopolist firm is that it's a benefit maximiser. A monopolistic market has no rivalry, meaning the monopolist controls the cost and amount requested. The degree of result that boosts a restraining infrastructure's benefit is the point at which the peripheral expense rises to the minimal income.
What is the condition for benefit augmentation?
A chief expands benefit when the worth of the last unit of item (peripheral income) rises to the expense of creating the last unit of creation (minimal expense).
Is benefit generally augmented where Mr MC?
This is otherwise called the extra income "at the edge." Consequently, benefit is amplified when minimal expense rises to negligible income which is equivalent to saying when peripheral benefit approaches zero.
What is benefit amplification give model?
Instances of benefit augmentations like this include: Find less expensive unrefined components than those at present utilized. Find a provider that offers better rates for stock buys. Find item sources with lower transporting expenses. Decrease work costs.
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because of their reputations and acknowledged expertise, competent firms usually do not voluntarily provide written and detailed explanations of the procedures and methods used in collecting the information cited in the report. true false
The answer will be False
You are required to keep confidential all information regarding the affairs of your client that you learn during the course of the retainer. This obligation survives the end of the retainer.
As well, these confidentiality obligations are imputed to other members of your firm. The Supreme Court of Canada has held that it is not only the individual lawyer but also the firm as a whole that owes the fiduciary duty of confidentiality to the client.29
Neither you nor the lawyers in your firm may use confidential information against a former client of the firm. Lawyer moves to a new firm – When a lawyer changes law firms, the lawyer will be assumed to be sharing confidential information about past clients with members of the new firm unless adequate screening measures are in place to show that confidential information is not being disclosed.
Confidentiality requirements are the reason law firms create complex conflicts of interest machinery.
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which of the following best defines the concept of a relevant cost? which of the following best defines the concept of a relevant cost? a past cost that is the same among alternatives. a past cost that differs among alternatives. a future cost that is the same among alternatives. a future cost that differs among alternatives. a cost that is based on past experience.
The concept of a relevant cost is best defined by A future cost that varies between alternatives.
What is relevant cost?Relevant costs are any costs that are relevant to a decision. A matter is relevant if the decision results in a change in cash flow. Additional amounts that must be paid can cause a change in cash flow. A reduction in the amount that must be paid a business decides to purchase loading equipment for a factory unit. This machine can save the wages of twenty manual laborer's. These expenses are important because they will change in the future as a result of the purchase decision. Relevant costs are classified into four types based on their relevance to a company's operations. Future costs, opportunity costs, avoidable costs, and incremental costs are among them.To learn more about relevant cost, refer to:
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Starting a new business in pursuit of an opportunity to introduce a new product or service to market through innovation is engaging in the process of ________.
when making keep or replace decisions, management should consider the: (check all that apply.) multiple select question. sale of the existing equipment variable manufacturing cost of the new equipment variable manufacturing cost of the existing equipment original cost of the existing equipment book value of the existing equipment
when making keep or replace decisions, management should consider the:
sale of the existing equipment
variable manufacturing cost of the new equipment
book value of the existing equipment
When purchasing a new piece of equipment, take into account the price of the item, its lifespan, potential salvage value, operational costs, and any potential revenue growth. Take into account an item's remaining useful life, maintenance expenses, market worth, and potential salvage rate.
The expense and difficulty of the repairs that machines require will continuously rise as they get older. The 50/50 percent threshold rule is a useful formula for deciding what to do with a machine. According to this rule, you shouldn't replace a machine until the cost of repairs is greater than 50% of the cost of a replacement.
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the price system: end of chapter problem circa 1200 bce, a decreasing supply of tin due to wars and the breakdown of trade led to a drastic increase in the price of bronze in the middle east and greece. around this time, blacksmiths developed iron- and steel-making techniques. a. how is the increasing price of bronze a signal? because it clears the market, where both consumers and producers are satisfied because it tells producers and consumers that bronze is getting harder to produce and needs to be conserved because it provides a prediction about the future, including when wars will start and end b. how is the increasing price an incentive? because it clears the market and both sellers and buyers are satisfied because it discourages people about the future of the economy because it rewards people who make bronze less scarce c. how do your answers in questions a and b help explain why iron and steel became more common around the same time as the increase in price? an increase in the price of bronze innovation to produce substitutes such as iron and steel. d. after the development of iron, did the supply or demand for bronze shift? the demand for bronze shifted to the right because of the availability of iron and steel. the demand for bronze shifted to the left because of the availability of iron and steel. the supply for bronze shifted to the right because of higher incentives to produce it.
Due to conflicts and the collapse of trade, there was a sharp increase in the cost of bronze in the Middle East and Greece. Around this period, blacksmiths created processes for producing iron and steel. It informs individuals that bronze is becoming more difficult to locate.
The quantity of a product that a seller is willing to offer in the market at a specific price within a specific time is known as supply, which is an economic principle. A product's supply is influenced by a number of factors, including its price, production costs, governmental regulations, and technology.
It is controlled by the law of supply, which maintains that there is a direct correlation between a product's supply and price, with other variables being the same. From one site to the next, different volumes are given at different prices.
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a(n) enterprise is an organization that sources, markets, and produces its goods and services in several countries to minimize costs, and to maximize profit, customer satisfaction, and social welfare.
Multinational enterprise is an organization that sources, markets, and produces its goods and services in several countries to minimize costs, and to maximize profit, customer satisfaction, and social welfare.
An Multinational Company is a type of corporate entity that owns and manages the production of goods or services in at least one nation other than its own. Control is regarded as a crucial component of an MNC, setting it apart from international portfolio investment companies like some international mutual funds that invest in foreign corporations purely to spread out financial risk.
A firm or organization should be regarded as a multinational corporation, according to Black's Law Dictionary, if at least 25% of its revenue comes from operations outside of its home country. Another name for a multinational corporation is a multinational enterprise (MNE).
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marty, the human resources manager of a reputed service firm, establishes some rules for timekeeping to promote punctuality among his employees. this scenario best illustrates the use of . multiple choice question.
This scenario best illustrates the use of chronemics.
What do we understand by chronemics?The use of time in nonverbal communication is investigated in the field of chronemics. Interpersonal interactions, patience, and punctuality are all components of time perception. The way we use our time can have an impact on our daily routines, speech and movement rates, as well as how long we are willing to listen.
Why is chronology utilised in organizations?Chronemics is a potent communication tool that aids in reaching the planned goals through time management, planning, and utilization. This includes being on time, making good use of waiting time, and speaking at the right rate.
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when a firm sells all its products under one , such as pepperidge farm, the individual brands benefit from the overall brand awareness associated with it. multiple choice question. exclusive co-brand family brand premium brand individual brand
When a business sells all of its goods under a single-family brand, like pepperidge farm, the individual brands profit from the increased brand recognition.
A family brand is what?
A marketing strategy is family branding. It entails marketing a variety of products under a single brand name. For instance, a business might promote soap, lotion, hair shampoo, and nail polish under the same brand. This is distinct from product branding, which entails giving each product a unique name and image.
For instance, a business might sell both nail polish and lipstick, giving each line of products a unique marketing identity. According to the theory behind family branding, a business can increase the profitability and marketability of a variety of products by giving them all a single, recognizable name. Then, a business can increase customer loyalty by increasing brand recognition.
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many firms have developed and deployed innovative information systems, only to see these systems go unused by key staff members. how has zara helped ensure its systems will be used by staff?
From Resource Zara can be able to helped ensure its systems will be used by staff
Different types of resources that are available for various tasks carried out by a particular project management are known as resource requirements.
It involves the quantity and skill levels of the resources required to work on a certain project. It can also be described as a list of the hardware or software required to complete activities.
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if you believe you have a 50% chance of doubling your money, a 30% chance of gaining 12%, and a 20% chance of losing your entire investment, what is your expected return?
ROI is calculated by dividing the new number by the investment's cost, then multiplying it by 100, then subtracting the investment's initial cost from its final value.
You can do this by dividing the likelihood of a given outcome by the number of possible outcomes, and then adding the results, as shown in the formula below: Since the investment market is extremely volatile, expected return is just one of many possible returns. It is equal to (Return A x probability A) + (Return B x probability B).
What is the anticipated gain?An investor's expectation of a profit or loss on an investment with known historical rates of return (RoR) is called the expected return.It is calculated by adding up all of the possible outcomes and multiplying them by how likely they are to happen.
Understanding Expected ReturnThe Black-Scholes options pricing model and modern portfolio theory (MPT) are two well-known models that make use of expected return calculations, which are an essential component of both business operations and financial theory. The expected return, for instance, would be 5% if an investment had a 50% chance of gaining 20% and a 50% chance of losing 10%.
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Additional benefits such as health insurance, retirement benefits, or life insurance that are paid by the employer are called benefits.
Additional benefits such as health insurance, retirement benefits, or life insurance that are paid by the employer are called benefits. --- True
Depending on the company, these benefits might include health insurance( needed to be offered by larger companies), dental insurance, vision care, life insurance, legal insurance, paid holiday leave, particular leave, sick leave, child care, fitness, withdrawal benefits and planning services, council debt relief benefits.
What are good benefits packages?
While this benefits can differ depending on who you ask, the standard in utmost diligence consists of health insurance, dental insurance, flexible spending accounts, withdrawal savings plans, holiday time, and fresh paid time off for benefits like family medical leave, motherliness leave, and feasts.
Employee benefits :Employee benefits and benefits in kind( also called borderline benefits, perquisites, or gratuities) include colorful types of non-wage compensation handed to workers in addition to their normal stipend or hires. Cases where an hand exchanges( cash) stipend for some other form of benefit is generally pertain to as a" payment packaging" or" payment exchange" arrangement
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maxine had a $54.00 balance in her checking account when a check for $67.00 was cashed. she was charged an overdraft fee. the next day her paycheck, for $312.61, was direct deposited. determine the overdraft fee if maxine's available balance is now $269.61. (4 points) $35.00 $30.00 $20.00 $25.00
The overdraft fee is calculated to be $30.00 if Maxine's available balance is now $269.61.
As she had a balance of $54 in her account and a check of $67 was cashed we can calculate the amount that will be deducted from her next deposit as;
$67 - $54 = $13
In addition to these $13, an overdraft fee will also be deducted.
As she deposited $312.61 the next day and the available balance now is $269.61, an algebraic expression can be written as;
312.61 - 13 - x = 269.61
Here x represents the overdraft fee
312.61 - 13 = 269.61 + x
269.61 + x = 299.61
x = 299.61 - 269.61
x = $30
Therefore, the overdraft fee is calculated to be $30.
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Answer: $30.00
Explanation: I just did the test
using a perpetual inventory system, the effect on the accounting equation of purchasing merchandise on account includes a(n) . (check all that apply.) multiple select question. increase in assets increase in liabilities decrease in stockholders' equity decrease in assets
Using a perpetual inventory system, the effect on the accounting equation of purchasing merchandise on account includes
a. increase in liabilitiesc. increase in assetsWhat is a Perpetual Inventory System?This refers to the system that is used in order to make continuous accounting of inventory with the use of electronic means.
Hence, we can see that based on the given question, there is the question on the effect on the accounting equation of purchasing merchandise when a perpetual inventory system is used and the answers are that there would be increases in both the liabilities and assets.
The answers are options A and C.
With this in mind, it can he seen that the correct answer to the given question about the use of a perpetual inventory system is given above
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assume straight-line depreciation. a company plans to purchase machinery costing $1,000,000 with salvage value of $200,000 after 4 years. annual income is expected to be $40,000 during the 4 years. calculate the accounting rate of return. round your answer to the nearest tenth of a percent.
The accounting rate of return for the nearest tenth is 6.67%
The percentage of an average investment that is earned as profit is known as the accounting rate of return (ARR).
ARR is an acronym for average revenue per share.
Average income equals (55k + 40k + 35k + 30,000)/4=40k.
Average investment = initial cost + salvage value divided by two.
= 1,000,000 + 200,000/2 = 600,000
ARR = 40,000/600,000 × 100= 6.67
6.67% is the accounting rate of return to the nearest tenth percent.
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According to the coase theorem, which situation would most likely result in a private bargaining solution and yield an efficient market?.
According to the Coase theorem. When Externalities are present in a private bargaining and yield an efficient market.
What is Coase Theorem?A Coase Theorem describes the economic efficiency of a particular economic allocations, The Coase theorem is applicable under ideal economic conditions when there is a conflict in property rights. One of the important features of Coase theorem is that bargaining cost should be costless.
What are Externalities?An externality refers to a cost or benefit imposed on a third party which is not included in the final price. The two types of externalities are
Positive Externality: There are two types of positive externalities they are positive production externality and positive consumption externalityNegative Externality: There are two types of negative externalities are negative consumption externality and negative production externalityTo know more about Externalities, visit:
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According to the Coase theorem, the private market will need government intervention in order to reach an efficient outcome when externalities are present.
What is the Coase theorem?The Coase theorem describes the economic efficiency of a financial allocation or outcome in the presence of externalities in law and economics. According to the theory, if trade in an externality is available and transaction costs are sufficiently low, bargaining will result in a Pareto optimal solution regardless of the original allocation of property. In practice, negotiating impediments or poorly defined property rights might prohibit Coasean bargaining.
Externalities
Externalities are costs or benefits placed on a third party that is not included in the final price. Externalities are classified into two types:
Positive Externality: Positive externalities are classified into positive production externality and positive consumption externality.Negative Externality: Negative externalities are classified into two types: negative consumer externality and negative production externality.To learn more about the Coase theorem, click
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it is easier to boost aggregate demand when mpc is high. however, when aggregate demand needs to be boosted, such as during a severe recession, mpc is likely to be lower than during periods of normal economic growth. why is this likely to be the case?
Due to decrease in the economic activities, recession may lead to fall in GDP and unemployment, thus lowering the Marginal Propensity to Consume.
The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics. Keynesian macroeconomic theory includes a concept known as marginal propensity to consume, which is determined as the change in consumption divided by the change in income.
Thus during recession, marginal propensity to consume is likely to be lower.
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a company in turkey holds a loan in u.s. dollars. what does the downward pressure on the value of the turkish lira mean for this company? multiple choice the company should adopt a currency board. it will cost more lira to pay back the dollar-based loans. there will be less competition in the market. the company should consider hedging in soft currency locations. turkey should consider moving to a pegged rate system.
Turkey should consider moving to a pegged rate system.
For the sake of export and trade, nations favor a fixed exchange rate system. A country can and will often maintain its exchange rate low by managing its native currency. This supports the goods' ability to be sold competitively internationally. A nation can improve its trading position while defending its own economic interests by pegging its currency.
A pegged rate, often known as a fixed exchange rate, can maintain a nation's currency rate at a low level, helping exports. On the other hand, anchored rates can occasionally result in increased long-term inflation. Large capital reserves are typically needed to maintain a fixed exchange rate.
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When reconciling petty cash, you determine that the total withdrawals according the petty cash slips is $169.00. Since the fund started with $200.00, there should be $31.00 remaining in the petty cash box. When the cash is counted, there is $31.00. How is this entered in the journal? Will mark brailiest
A. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $31.00 and the Cash account is credited $31.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
B. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $169.00 and the Cash account is credited $169.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
C. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $169.00 and the Cash account is credited $31.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
D. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $169.00 and the Cash account is credited $200.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
This transaction is entered in the journal according to Option B:
Since the difference between the established amount and the total cash and withdrawals is zero, each account of the disbursements is charged to Petty Cash. The Petty Cash is debited to a total of $169.00, and the Cash account is credited $169.00 to replenish the fund.No entry is needed in the Cash Over and Short account.What is a petty cash book?A petty cash book is an accounting record for petty cash expenses.
The petty cash book operates on the imprest system, involving the refund of the total cash spent during the period after the physical count of cash in hand.
Total of Petty Cash slips = $169.00
Imprest = $200.00
Petty cash balance = $31.00 ($200.00 - $169.00)
Float = $169 ($200.00 - $31.00)
Thus, the correct journal entry for the petty cash transaction is Option B.
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the purpose of zoning laws is to: multiple choice assist real estate agents in finding homes for sale. reduce real estate property taxes. minimize people moving from an area. encourage new housing development. restrict property use.
The Primary purpose of Zoning laws is stated in Option A which is Restricted Use of Property
Zoning laws are particular guidelines and requirements for areas of land that have been "zoned" by the state or a local government. A zoning law, often known as a zoning ordinance, establishes the permitted uses of land for real estate located inside zoning districts.What rules govern local zoning?
Zoning refers to municipal or local ordinances or rules that specify the permitted and prohibited uses of real estate in particular geographic areas. Zoning regulations, for instance, might restrict the commercial or industrial use of land to stop the construction of oil, manufacturing, or other companies in residential areas.to learn more about zoning laws, click the links
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________ occurs when the supplier, rather than the retailer, manages the entire inventory process for a particular product or group of products, resulting in more effective inventory replenishment.
VMI(Vendor Managed Inventory) occurs when the supplier, rather than the retailer, manages the entire inventory process for a particular product or group of products, resulting in more effective inventory replenishment.
What is Vendor Managed Inventory?Vendor-managed inventory (VMI) is an inventory management technique in which a product's manufacturer or other supplier is in charge of making the best use of a distributor's inventory.
In conventional inventory management, a retailer (also known as a distributor or a buyer) is in charge of determining the order size. With VMI, the vendor—sometimes referred to as the supplier—receives the retailer's inventory data and uses it to make the order size decision. As a result, the vendor is liable for the retailer's ordering costs, while the retailer is accountable for their own holding costs. This approach can prevent stocking unnecessary inventory, which can lower costs overall.
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roadbuilders, inc., uses dynamite in its operations. sky-hi fireworx, inc., stores explosives in its warehouses. most likely liable under the doctrine of strict liability for any injury caused by an abnormally dangerous activity will be
Most likely liable under the doctrine of strict liability for any injury caused by an abnormally dangerous activity will be Roadbuilders and Sky-Hi.
What is Strict liability ?Strict liability states that even if the defendant takes great precautions, she is nonetheless responsible if her actions caused the harm. Extremely dangerous behavior. Almost always, the defendant who engages in these actions is responsible for any damage that results. Negligence defenses. -Contributory.Strict liability in tort law is imposed on people who engage in unusually dangerous activities, those who own dangerous animals, and those who sell or introduce into commerce things that are disproportionately dangerous when they are defective.Injury to trespassers, invitees, and licensees is subject to strict liability.Most likely liable under the doctrine of strict liability for any injury caused by an abnormally dangerous activity will be Roadbuilders and Sky-Hi.
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a large grocery store chain insists that its suppliers stop packaging their bagels in plastic wrap, and they comply. this is an example of blank . multiple choice question. direct store delivery marketing through a fulfillment center power within a marketing channel a short supply chain
This is an example of Power within a marketing channel
Generally, channel power is associated with the special ability/power of a channel that allows them to alter or modify the behavior of the distribution channels because of its stronghold or position in the market. This gives them the power to control the channel.
If a large grocery store chain insists its suppliers stop packaging the bagels in plastic wrap and follow the instructions this is due to the power that the grocery store holds in the market which allows it to get a stronghold in the marketing channel.
Hence, this is an example of reflecting the power within a marketing channel.
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