The accrual work is based on the concept of matching revenues and expenses.
Accruals are a type of accounting system where income and expenses are recorded as they are incurred, rather than when they are paid.
This method allows for an accurate representation of a company's financial situation, as it records all current transactions regardless of when the funds are actually received or paid.
Accruals are a great tool for keeping track of finances, as they enable businesses to better predict future financial needs, plan for upcoming expenses and make more informed decisions.
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According to expectancy theory, in order for people to be highly motivated, ____ must be high.
a.
value added
b.
reinforcement usage
c.
instrumentality
d.
equity
e.
referent power
(c.) instrumentality, The expectancy theory states that high instrumentality is necessary for high levels of motivation in humans.
According to expectancy theory, people are more motivated to work hard if they believe their efforts will be noticed and rewarded (Vroom, 1964). As a result, businesses that use performance-based compensation might anticipate gains. Performance-based compensation can tie benefits to the quantity of work that employees produce. People working harder because they feel the extra effort will help them achieve a goal and be rewarded is one of the most prevalent expectancy theory instances. If you're a manager and your staff isn't driven, it can be because: They don't value the benefits of the job you perform. The process of why someone choose one activity over another is explained by expectancy theory. Expectancy, instrumentality, and valence are three factors taken into consideration while making this deliberate decision.
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Which type of tax makes up the largest percentage of money collected by the federal government through taxation
Income tax is the largest source of revenue for the federal government, making up more than half of all federal tax revenue.
Which sort of tax accounts for the majority of the money the federal government collects?The largest percentage of money collected by the federal government through taxation comes from individual income taxes. According to the Internal Revenue Service (IRS), individual income taxes made up almost half (47.3%) of all federal revenue in fiscal year 2019.This was followed by social insurance and retirement taxes, which accounted for 33.8% of federal revenue. Other taxes, such as corporate income taxes, estate and gift taxes, and excise taxes, made up the remaining 18.9% of federal revenue.The federal government also collects revenue from other sources, such as borrowing and fees. However, taxation remains the largest source of revenue for the federal government. Without taxes, the government would not be able to fund its operations and provide essential services such as national defense, transportation, education, and healthcare.Individual income taxes are by far the most important source of federal revenue. They are paid by individuals and businesses in the form of wages, salaries, tips, and other taxable income, such as investments and capital gains.Social insurance and retirement taxes, on the other hand, are paid mostly by employees and employers on wages and salaries. These taxes are used to fund social security and Medicare.To learn more about largest percentage of money collected by the federal government refer to:
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Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
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if a customer purchased a lsited security n a margin account on July 3, what would be the settlement date if the order was exercuted regular way
On wednesday, october 6, a customer may purchase the stock for regular-way settlement in order to get this dividend. The correct response is A.prior to the sale's confirmation as soon as possible.
When a business pays investors a cash dividend, it does so from its profits (checks or wire transfers). Instead of the corporation having to use money to run, this distributes economic value from the company to its shareholders.
The cash and equity accounts are significantly impacted by cash distributions. After the dividend is paid, no further balance sheet account exists. The however, the business records its obligation to shareholders in the settlement date if the order was exercuted regular way dividend payment account after dividends have been declared but prior to their actual payment.
complete question:
if a customer purchased a lsited security n a margin account on July 3, what would be the settlement date if the order was exercuted regular way
A. prior to the sale's confirmation as soon as possible
B. prior to the transaction's settlement.
C. seven days following the transaction
D. 90 days following the transaction
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Why should you have a file plan? Select all that apply.
For quick reference to records retention and disposition information
For more consistent records maintenance and disposition practices
For easier retrieval of records
For help in managing your office’s records and nonrecord materials
To create more work for yourself
For something to do on a slow day at the office
We ought to have a documented plan for a quick reference to records retention and disposition information.
For what reason would it be a good idea for you to have a file plan?
A far-reaching office document plan gives an area to keep in an electronic or paper recording framework. Understanding the document plan assists clients with knowing where to record their records and helps other people know where to find the records they need to finish their jobs.
The Three Brilliant Guidelines of a decent record plan:
Straightforwardness. Your document plan must: reflect capabilities, exercises, and errands that are effectively unmistakable by clients.Consistency. Your record plan must: have decisions and rules that guarantee all staff/clients follow similar methods.Adaptability. Your record plan must: be versatile.Learn more about file plan:
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QUESTION 38 In the GDP accounts production equals a income + saving b. income Os income - Imports d. income-goverment expenditures. QUESTION 39 If total spending rises from one year to the next, then Oa either the economy must be producing a larger output of goods and services, or goods and services must be selling at higher prices, or both. Ob.goods and services must be selling at higher prices. Oc employment or productivity must be rising, O d. the economy must be producing a larger output of goods and services, Sittends
In the GDP accounts production equals b. income.
If total spending rises from one year to the next, then a. either the economy must be producing a larger output of goods and services, or goods and services must be selling at higher prices, or both.
What is Income GDP ?According to the income approach, which is used to calculate GDP, all economic expenditures must equal the entire revenue produced by the creation of all economic goods and services.
Therefore, a rapid estimation of the entire production value of economic activity over a time period can be made by adding up all of the sources of income. Taxes, depreciation, and foreign factor payments must then be adjusted. The wages, rents, interest, and profits generated during the creation of goods and services are where the income approach begins.
If overall expenditure increases from one year to the next, the economy must either be generating more products and services, or selling them for more money, or both.
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According to the Department of Transportation, a hazardous material is a substance that: A) can explode
B) can cause death
C) poses a threat or unreasonable risk to health, safety, and property if not properly controlled
D) does not meet OSHA guidelines for workplace and product safety
A hazardous material, according to the Department of Transportation, is a substance that, if not properly controlled, provides a threat or undue risk to health, safety, and property.
What is a hazardous substance?Any object or agent (biological, chemical, radiological, and/or physical) that has the potential to harm people, animals, or the environment is considered a hazardous material. This may be the result of the material's own properties or its interactions with other substances.
The U.S. Environmental Protection Agency (EPA), the U.S. Occupational Safety and Health Administration (OSHA), the U.S. Department of Transportation (DOT), and the U.S. Nuclear Regulatory Commission are primarily responsible for defining and enforcing laws and regulations related to hazardous materials (NRC). Each defines a differently.
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Option ( C ) . According to the Department of Transportation, a hazardous material is a substance that Poses a threat or unreasonable risk to health, safety, and property if not properly controlled.
What is Hazardous Materials?
A hazardous material is substance or chemical that poses health hazard, physical hazard, or hazard to the environment. Dangerous goods are regulated by the United States. Defined and regulated by the U.S. Environment Protection Agency , U.S. Occupational Safety and Health Administration (OSHA), Department of Transportation (DOT) and the U.S. To reduce the introduction of hazardous materials into GSA's controlled spaces, GSA's Green Purchasing Plan requires GSA to purchase products that have a lower or lesser impact on human health and the environment.
What are 3 categories of hazardous materials?
EPA defines three categories of the hazardous materials.
Listed, characteristic, mixed radioactive waste. Each of these categories has subcategories that are very specific.
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a(n) _____ is the personal satisfaction and enjoyment that a person feels from attaining a goal.
An Intrinsic reward is the personal satisfaction and enjoyment that a person feels from attaining a goal.
The term "intrinsic rewards" refers to incentives offered to employees of a company. An intrinsic incentive is an internal reward that employees receive for effectively completing their jobs or projects. These rewards are primarily psychological and are dependent on a person's work and ability. Intrinsic incentives produce a favorable emotional response and serve to drive employees to continue to develop and make long-term behavioral adjustments when necessary.
Examples of intrinsic workplace rewards include pride in one's work, feelings of respect from supervisors and/or coworkers, personal growth, gaining so much trust from managers, doing enjoyable work, feelings of accomplishment, learning something new as well as expanding competence in a specific area, and allowing employees to choose which projects they work on.
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What are the four important bases of classification criteria?
Geographical, chronological, qualitative (simple and manifold), and quantitative or numeric are the various classification methods for statistical data.
How is categorization determined?Similarity in morphology (shape) and phylogeny forms the basis for the biological classification system (evolutionary history). Moreover, biological classification also makes use of the mechanisms that produced these similarities.
The four classification goals are as follows:as a comparing aid. highlighting the data's most important aspects quickly. in order to concentrate the vital data gathered. so that the data gathered can be statistically treated.
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Administrative liability applies only to _____. Select your answer and click Submit. a. Managers b. Bartenders c. Permit holders d. Injured parties
Administrative liability applies only to C. Permit holders. The permit owner has the administrative liability.
What is a Permit?A Permit is the license that is provided to an individual or an organization for a certain level of authority, this permit is authorized by a government authority in most of the cases and this permit can be used to manage and change the area that is allowed by the authority as per the permit.
The permit needs to be obtained and is usually owned by the owner of the area or the person that is a representative of the area. Thus only a permit holder has the administrative liability and only a permit holder can cause changes to the area of permit, no other person is allowed and is liable to cause any changes to the area. Therefore no manager, bartender or any injured party have administrative liability.
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a stock market characterized by increasing prices is termed a(n) ________ market.
A stock market characterized by increasing prices is termed a bull market.
A stock market or share market is the collection of buyers and sellers of stocks, which stand for ownership claims on companies. These securities may be listed on a public stock exchange or only traded privately, like shares of private companies that are offered to investors through equity crowdfunding platforms. Typically, while making an investment, a plan is in mind.
An extended period of time where the price of a security or asset rises steadily is known as a bull market in the financial markets. A bull market is generally understood to occur when stock prices increase by 20% following two consecutive losses of 20% each.
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Which is the form used to record all payroll information for all employees?
The payroll register is where all payroll information for all employees is kept. Hence, the correct answer is payroll register.
What is a payroll register?A payroll register is a record of each employee's payroll information for each pay period. It assists companies in reconciling payroll activities and preparing quarterly and annual tax filings.
Basic payroll register templates are available online or can be produced in applications such as Excel. Most office supply businesses now sell books that are particularly designed to capture payroll information. Many small and big organizations rely on automated digital payroll systems, such as those provided by ADP, for improved accuracy. These solutions can link with accounting software and other applications.
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If you have $100 in a savings account earning 2 percent compound interest a year, how much will you have after five years?.
If you have $100 in a savings account earning 2 percent compound interest a year, you will have $110.41 after five years.
What does the compound interest formula mean?The future value of a loan or investment may be computed using the formula FV = P*(1+R/N)(N*T), where FV is the future value, P is the original principal, R is the annual interest rate, N is the number of times interest is compounded annually, and T is the amount of time in years.
Why is compound interest significant?Your wealth increases more quickly thanks to compound interest. Because you will receive returns on your investment as well as returns at the conclusion of each compounding period, it causes an amount of money to increase more quickly than with simple interest.
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the demand for a good is given by qd = 750 – 0.4p. what is consumer surplus at a price of $80?
The demand for a good is given by QD = 750 – 0.4P. At a price of $80, we see that demand is Qd = 750 - 0.4*80, Qd = 718. Consumer surplus = 0.5*(1875 - 80)*718 = $644,405.
In economics, a commodity is an object that satisfies a human need and provides utility to consumers and others who purchase satisfying products. A distinction is generally made between transferable goods and non-transferable services.
A good is an "economic good" if it is useful to humans but is so scarce in relation to human demand that human bis required to obtain it. In contrast, free goods like air are naturally abundant and need not be consciously acquired.
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What are the 4 elements of a goal?
You gain clarity, attention, and motivation by setting effective goals. You may already be aware with the idea of SMART objectives, or specific, measurable, achievable, realistic, and time-bound goals.
What are a goal's 4 components?Well-articulated, unambiguous and well defined. Measurable: Using precise criteria that track your advancement toward the achievement of the goal. Achievable: Possible to do and not impractical.Realistic: reasonable, doable and relevant to your life's objectives.Your governing values provide the foundation for effective goals.Effective Goals Are Written Specifically and Clearly.Effective goals are quantifiable and have deadlines that are clear.Effective objectives are specific and achievable.To know more about effective goals, visit:
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When being passed, you should... a) weave back and forth to clear traffic for the passing vehicle. b) maintain your speed (except in emergency situations). c) flash your lights and honk your horn to warn oncoming traffic. d) All of the above are correct. Pedestrians should... a) take the right-of-way from drivers, who have the responsibility to stop for them. b) obey traffic signals. c) wear light or reflective clothing and/or carry a light at night. d) Both B and C are correct. If you are driving on the freeway and miss your exit, you should... a) cross the median and proceed back to your exit. b) keep going and exit at the next opportunity. c) pull to the shoulder and carefully back up to your exit ramp. d) None of the above are correct. In city driving, you should look ahead in traffic... a) three blocks. b) one city block. c) a quarter mile. d) one block for every 10 mph you are traveling. Most "minor" violations will drop off of your driving record after. a) 36 months. b) 24 months. c) 18 months. d) 6 months.
1. When being passed, you should b) maintain your speed.
2. Pedestrians should b) obey traffic signals.
3. If you are driving on the freeway and miss your exit, you should b) keep going and exit at the next opportunity.
4. In city driving, you should look ahead in traffic a) three blocks.
5. Most "minor" violations will drop off of your driving record after a) 36 months.
1. Maintaining your speed while being passed is essential for staying safe on the roads. When you are being passed by another vehicle, it is important to stay at the same speed and not accelerate.
By doing this, you will ensure that both vehicles have enough space and time to complete the passing process safely. Additionally, keeping your speed constant will help you to remain in control of your vehicle and avoid any unexpected incidents.
2. Pedestrians should always obey traffic signals when crossing the street. Traffic signals are in place to help pedestrians cross safely and efficiently, and ignoring them can put yourself and others in danger.
Obeying traffic signals is one of the most important rules for pedestrians to follow when navigating the roads. Remember to look left, right and left again before crossing, and always yield to vehicles.
3. If you find yourself driving on the freeway and you have missed your desired exit, it is important to keep going and take the next opportunity to exit.
Doing so will ensure your safety, as making a sudden lane change on the freeway can be dangerous. Additionally, it will help you stay on track and get to your destination as quickly as possible.
4. When driving in the city, it’s important to be aware of your surroundings and plan ahead. Look ahead at least three blocks in traffic to anticipate any upcoming obstacles or delays. This will help you stay safe, avoid accidents, and save time on your route.
5. After 36 months, a minor violation won't appear on your record and won't affect your driving privileges in any way. Make sure to follow all traffic laws and regulations in order to avoid any further violations and stay safe on the roads.
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Which of the following is not a question that might be used on an ethical decision-making metric?
A. Would I want the person I admire most to see me doing this?
B. Would I be able to profit in some way from this action?
C. Would I like to be on the receiving end of this action?
D. Will I be able to look at myself in the mirror and respect the person I see there?
E. Would the person I admire the most engage in this activity?
B). Would I be able to profit in some way from this action is not an ethical decision-making question because it focuses on profit.
Ethical decision-making metrics are designed to help people make decisions based on their own morality and principles, not on an expected gain or reward.
Instead, questions such as A, C, D, and E would be more appropriate for an ethical decision-making metric as they focus on the individual's personal values, rather than a potential reward.
Questions such as "Would I want the person I admire most to see me doing this?" or "Would I like to be on the receiving end of this action?" serve to help the individual decide if the action is in line with their own moral standards and also how it would affect others.
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Why is it important to reflect on your experiences?
Reflecting on the experience may reveal areas or problems that require attention.
How can we learn from others experience?People's ability to integrate their own and others' experiences determines their ability to learn from others. To do so successfully, people must abstract from singular experiences (their own or others') and recognise the characteristics that different circumstances share. Patterns are a well-established teaching method for fostering these abstraction and integration processes. These are text templates that distinguish between issues and remedies. They assist persons in considering invariant characteristics of similar problems and detecting structural properties of circumstances and problems by pointing to problem-solution pairs. They then externalized their newfound knowledge. by articulating them either in a pattern or non-pattern format.
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________ functions may have the same name, as long as their parameter lists are different.
Function overloading functions may have the same name, as long as their parameter lists are different.
Function overloading is the term used in C++ to describe when two or more functions share the same name but have distinct parameters. The C++ function overloading feature is used to make the code easier to read. It is used to save the programmer from having to memorize different function names.
Overloading methods refers to the process of defining more than one method within the same class that has the same name but distinct parameters.
When two or more functions have the same name but different parameter lists—either a variable number of arguments or different kinds of parameters—this is referred to as method overloading.
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Salespeople may risk losing a sale to a potential customer if they are unable to explain a business's __________ policies. employee operating selling purchasing
If salespeople are unable to communicate a company's selling policies to a potential customer, they run the danger of losing the transaction.
A corporation, sometimes abbreviated as "co," is a group of people with a shared objective who may be either natural, legal, or a combination of the two. The company's team collaborates for a common purpose to achieve clearly stated goals. The many different forms that businesses can take include nonprofit organizations, nonprofit associations, for-profit businesses, financial institutions, banks, programs, and educational institutions, to name just a few. A company may be legally recognized as a separate entity through incorporation, which limits the company's liability as long as its members uphold the terms of the publicly disclosed incorporation or published policy. It may be necessary to liquidate a business after it has shut down in order to pay off debts.
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Salespeople can risk losing a sale to a potential customer if they are unable to explain the company's operating policies to employees. These policies refer to the rules and regulations that determine how employees are expected to behave and how the business operates.
This could include everything from customer service standards to security protocols. This could lead to customers not trusting the business and ultimately not making a purchase. That's why it's important for salespeople to have a comprehensive view of the company's operating policies for employees to ensure that customers have a positive experience and are more likely to make a purchase.
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What is the role of private and public sector in mixed economy?
The public and private sectors coexist in a diverse economic system. There is some degree of government autonomy in order to let businesses decide how to use their resources and achieve profits.
What makes the economy a good example?The traditional economy, which uses a country's traditions and history to inform product creation and marketing, is a well-known illustration of an economy. Agriculture, fishing, as well as wildlife were the foundations upon which early civilizations were formed.
What exactly do you mean by economic money?When people hear the phrase "economics," many of them assume it just concerns wealth. Money is only one aspect of economics. It involves weighing a variety of options or possibilities. Some of these crucial decisions are influenced by finances, but not all.
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Which one of the following is a source of cash? O increase in common stock O decrease in retained earnings increase in accounts receivable O decrease in long-term debt Which one of the following is classified as an investment activity on the statement of cash flows? O purchase of inventory O purchase of equipment O repayment of a long-term debt O sale of common stock
Increase in Accounts Receivable is a source of cash. Purchase of Equipment is classified as an investment activity on the statement of cash flows.
An Actual investment exertion on a statement of cash overflows is any form of spending or entering plutocrat that relates to the purchase of long- term means, similar as property, outfit, or investments. exemplifications of investment conditioning include the purchase of outfit, the trade of common stock, the purchase of investments, and the prepayment of long- term debt. Investment conditioning should be reported as cash exoduses or inrushes in the investing section of the statement of cash overflows, depending on whether plutocrat is being entered or spent. Investment conditioning are generally reported as cash overflows from investing conditioning.
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Mary (42) and roland (43) are married with no dependents. they will file separate returns for 2021. roland files his return first and claims total itemized deductions of $23,500. if mary chooses to claim the standard deduction rather than itemizing when she files her return, what is the maximum amount she may claim? $0 $1,600 $12,550 $25,100
Mary is only permitted to recover up to zero dollars. Check out the explanation below.
What justification do you have for this choice?Due to the requirement that if a married couple files separate returns and one of them makes advantage of itemized deductions, the other must also do so. The ordinary deduction cannot be used by him or her.
Mary can claim a standard deduction of a maximum of $0 as a result.
Describe Standard Deduction.
The amount of income taxed is reduced by the standard deduction, which is a fixed dollar amount. Your standard deduction is equal to the sum of the basic standard deduction and any additional standard deductions for old age or blindness.
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for the economy modeled with the PPF in the picture shown here, what is the opportunity cost of each orange?
the opportunity cost for the production of each orange is the apple sacrifice.
Opportunity cost is the loss you accept to make a gain or the expense of one profit for another gain.
example of opportunity cost is something as simple as choosing between going to work and skipping work. What are you losing out on if you choose one over the other? Opportunity cost doesn't always need to apply to investments or money; it can also apply to life decisions.
In the given question the opportunity cost for the production of oranges is a sacrifice made in terms of apples
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How do you make time for innovation?
The main advantage of moving forward the ignition timing of a car is that it gives the engine more power.
Is Benefit cosmetics?Benefit Cosmetics is a well-known cosmetics company that has been on many women's lips, eyes, and faces for a long time. Its line of beauty items has drawn in female customers from all around the world because to its reputation for high-quality goods that come in cheerful colors and attractive packaging.
Benefit Cosmetics: Are They Ethical?Animal testing is not a practice at Benefit. Long before the legal prohibition imposed in 2013 by the European Union, the Perfumes & Beauty firms of the LVMH group (especially Goal Is to boost) have not conducted any animal experiments for our products.
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A company's ledger is: Multiple Choice A record containing increases and decreases in a specific asset, liability, equity, revenue, or expense item. A journal in which transactions are first recorded. O A collection of documents that describe transactions and events entering the accounting process. O A list of all identification numbers used by the company O A record containing all accounts and their balances used by the company O < Prev 15 of 20 Next > Identify the item below that would cause the trial balance to norbalance? Multiple Choice ) A $1,000 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash Ο The purchase of office supplies on account for $3,250 was erroneously recorded in the journalas $2,350 debit to Office Supplies and $2,350 cre Ο A $50 cash receipt for the performance of a service was not recorded at all. Ο The purchase of office equipment for $1200 was posted as a debit to Office Supplies and credit to Cash for $1.200 Ο The cash payment of a $750 account payable was posted as a debit to Accounts Payable and a debt to Cash for $750
A company's ledger is: A record containing all accounts and their balances used by the company.
A ledger gives a record of each charge and credit exchange across the life expectancy of an organization. Every exchange inside the record is otherwise called a “journal entry.”
Organizations use records to get an itemized perspective on their monetary exchanges for various timeframes, be that weeks, months, quarters, or years. The data contained in an overall record likewise is utilized to make pay proclamations, monetary records, or other monetary reports. One more key utilization of a record is to monitor significant equilibriums that can illuminate business choices, for example, the amount to pay out to merchants or representatives.
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What are the effects of a successful contractionary policy?
A contractionary monetary policy is a type of policy implemented by a central bank, such as the Federal Reserve, to reduce the money supply in circulation and decrease inflation. A successful contractionary policy can have several effects on the economy.
It can lead to a decrease in aggregate demand, or the total demand for goods and services in an economy. This can occur because the reduction in the money supply can make borrowing more expensive and reduce consumer spending.it can lead to an increase in the value of the currency. As the money supply decreases, the demand for the currency may increase, leading to an appreciation in its value.A successful contractionary policy can also lead to a decrease in the rate of inflation. Inflation is the rate at which the general level of prices for goods and services is raises or increases, and is measure of annual percentage increase. A reduction in the money supply can help to decrease the rate of inflation.
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7. Which of the following is NOT a temporary account? a. Unearned Revenue. b. Salary Expense c. interest Revenue d. Consulting Expense. 8. Independent auditors express an opinion on the: a. Compliance of financial statement to GAAP. b. Accuracy of financial statement. c. Soundness of a company's future. d. Quality of a company's management.
Out of the given alternatives, it may be said that the unearned revenue of the firm is not a part of its temporary accounts. Therefore, the option A holds true.
The unearned revenue of the accounting firm is the amount of revenue that it gets through the service to the customers, but the amount is only accrued and not actually received by the firm. It appears in the accounting records as an unearned revenue, and thus, it will be received in the future, so it is not a temporary account in the books of the firm.
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Corporations benefit from securities markets primarily by: a. creating an efficient mechanism to invest in stocks and bonds
b. obtaining the capital they need to finance their operations
c. securing memberships on various stock exchanges
d. participating in the mutual funds of investment bankers
e. managing risk for the purchase of current assets
The correct option is B. Corporations benefit from securities markets primarily by obtaining the capital they need to finance their operations.
An organization is a corporation—typically a set of humans or an organization—authorized by way of the country to behave as a single entity (a prison entity diagnosed by way of non-public and public regulation "born out of statute"; a felony individual in the criminal context) and recognized as such in law for sure purposes. 10 Early included entities had been mounted by using a charter (i.e. through an ad hoc act granted by a monarch or exceeded by using a parliament or legislature).
Most jurisdictions now permit the creation of new agencies via registration. companies are available in many different types, however, are typically divided through the law of the jurisdiction in which they may be chartered primarily based on elements: by way of whether they can issue stock, or by whether or not they're shaped to make a profit. depending on the number of owners, an enterprise can be classified as aggregate (the subject of this newsletter) or sole (a criminal entity that includes an unmarried included office occupied through a single herbal character).
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To complete a home repair, a carpenter is renting a tool from the local hardware store. The expression 20x + 60 represents the total charges, which includes a fixed rental fee and an hourly fee, where x is the hours of the rental. What does the coefficient of the first term of the expression represent?.
The fixed rental charge of $50 serves as the expression's constant term.
A finite combination of symbols that have been well-formed in accordance with context-dependent principles is referred to as a mathematical expression.
Additionally, variables and constants are part of an expression. For instance, considering the phrase
g(x) = 2f(x) + b
The coefficient will be the value of 2, and the constant will be the value of b. Given an expression for the total costs, where x is the number of rental hours and the total costs comprise both a set rental fee and an hourly rate;
g(x) = 15x + 50
where
The coefficient is 15,
50 remains constant.
Consequently, the fixed rental charge of $50 serves as the expression's constant term.
Which costs do you mean?Costs are defined in accounting as the dollar amount of purchases made for a firm or other accounting entity's usage of materials, labor, services, products, equipment, and other items. It is the sum that is listed as the price on invoices and is recorded as an expense or asset cost basis in bookkeeping records.
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