if you save $2,500 for a down payment on a new car, you are using money as A. a store of value.
Money is any tangible item or verifiable document that is regularly accepted as payment for goods and services as well as the settlement of debts, such as tax obligations, in a particular country or socioeconomic environment. [1][2] [3] Money functions as a store of value, a unit of account, a means of exchange, and occasionally as a norm for deferred payment. These are the four main goals of it.Money was historically an emergent market phenomenon because nearly all contemporary monetary systems are based on unbacked fiat money that has no inherent value as a commodity. Because it has been approved as legal tender by a governing body or regulatory agency and is required to be accepted as payment across national borders,.
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The complete question is here:
If you save $2,500 for a down payment on a new car, you are using money as
A. a store of value.
B. a standard of deferred payment.
C. a medium of exchange.
D. a unit of account.
What provides data facts feedbacks and other types of information without analysis or recommendations?
Without analysis or recommendations, informational reports offer statistics, facts, comments, and other sorts of information.
What does the systematic gathering of information entail?To answer specified research questions, test hypotheses, and assess results, data collection is the act of acquiring and measuring information on variables of interest in a systematic and defined manner.
Which three of the following best describes the fundamental types of analytical reports?Simple Reports. Detail reports, grouped reports, crosstab reports, and other simple table samples are the different types of basic reports.
Reports query.
Reports on data entry.
What components are present in informative reports?front page.
the contents page.
a succinct summary
Introduction.
Discussion.
Conclusion.\recommendations.
References.
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What are the 4 rights employees have in the workplace?
Employee rights include a color- and race-free workplace. either a true or imagined impairment. either gender as well as gender expression (includes Sexual Harassment).
What basic rights are employees rights to at work?Not be harassed or treated unfairly because to one's race, ethnicity, religion, sex (including pregnancies, gender identity, or gender identity), national origin, disability, age (40 or older), or genetic material (including family medical history). provide equal wages for work that has the same value. The Act provides and defines three employee rights: the "right to know" information about the risks related to their job; the ability to file OSHA complaints to address workplace hazards; and the right to be shielded from retribution for exercising rights protected by OSHA.
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a survey is ____, generally takes less time, and can involve a broad cross-section of people.
What is a security design document?
Security design record is a report that recognizes the ongoing safety efforts taken by the association in its IT framework and afterward features the significant security refreshes that are expected by the association to meet the ongoing security pattern in the IT business.
Design documentation is an assortment of records and assets that covers all parts of your item plan. The documentation ought to incorporate data about clients, item highlights, and undertaking cutoff times; all fundamental execution subtleties; and plan choices that your group and partners have settled on.
The expression "security documents" alludes to documents that integrate explicit components planned to make them more challenging to fake, adulterate, change, or in any case mess with.
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The current security measures used by the business in its IT infrastructure are listed in this document, which also underlines the significant security changes needed by the firm to keep up with the current security trend in the IT sector.
By limiting other people's options, security is the capacity to tolerate potential harm from them. Security is advantageous to individuals, social groups, things, organizations, ecosystems, and any other phenomenon or institution that is vulnerable to unwelcome change. 2015 saw the assistance of Spanish volunteers in assisting refugees fleeing war and instability in Syria and Iraq to reach Lesbos Island. Security can indicate a number of other things in addition to defending against hostile forces, including the absence of harm, the presence of an essential good, resistance against potential damage or injury, concealment, containment, and even a state of mind. The phrase is sometimes utilized to describe structures and acts.
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bona fide occupational qualifications are most likely to be included in a(n) _____.
Bona fide occupational qualifications are most likely to be included in an job specification .
It is a requirement for a position. the name of the organization in charge of carrying out the executive orders that apply to businesses transacting with the federal government.
Employers have the right to require employees to retire at age 50 if age is a real occupational requirement. Certain specified sorts of employees may be lawfully fired, forced into retirement, or businesses may choose not to hire them. Employers may specify minimum hiring ages. An affirmative defense to discrimination is known as a bona fide occupational qualification, or BFOQ. National origin, religion, and sex are all legitimate occupational requirements.
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What is an excise tax also called?
An excise tax is also known as a special excise tax, a sin tax, or a duty. It is a tax levied by the government on goods at the time they are manufactured rather than when they are sold to consumers.
Why does government collect excise tax ?
Excise taxes are taxes that are charged on the sale of certain goods and services. They are typically levied on specific goods or services such as alcoholic beverages, tobacco, gasoline, and certain luxury items. Excise taxes are collected by the government to generate revenue for specific programs and projects, as well as to discourage the use of certain goods or services.
What does Services mean?
In general, services are activities performed by a provider for a customer or client. They can be intangible (like knowledge or information) or tangible (like money) (such as a product or a physical service). Individuals, organizations, or a combination of both can provide services. Banking, education, consulting, transportation, and entertainment are all examples of services.The term "services" is sometimes used to refer to an economic sector that encompasses all activities associated with providing services. Health care, finance, hospitality, transportation, retail, and education are examples of such activities.
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What is the services of bank?
Banks' main responsibilities are to accept deposits and issue loans. However, banks are able to provide a wide range of goods and services, such as personal, vehicle, and mortgage loans; and loans.
What are the top 5 services offered by banks?Savings and deposit accounts, mortgage and lending services, asset management, issuing debit and credit cards and overdraft services are the top 5 banking services.
What is a bank's main product?A savings account or a mortgage loan are among a bank's basic offerings. Services like online payments, ATMs, round-the-clock customer support, etc. are part of the enhanced product. These added services aid the banker in setting himself apart from his rivals' service offerings.
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How does Specialisation allow countries to benefit from trade?
When nations specialize, this exchange creates gains from the trade. The benefits of specialization include larger quantity of goods and services that can be produced, improved productivity, production beyond nation's production possibility curve, and finally, resources that can be used more efficiently.
Consumer benefits: Specialization means that opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of the goods.
Specialization Leads to the Economies of Scale:
As labor is divided amongst workers, workers are able to focus on few or even one task. The more they focus on one task, more efficient they become at this task, which means that less time and less money is involved in producing good.
A country can make and sell goods affordably and buy the goods that it is inefficient at making.
Here are few of specific benefits associated with specialization:
Better Value PropositionSmaller Learning CurveHigher Perception of AuthorityHigher ConversionsBetter Networkinglearn more specialization at
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4. MC.03-079 Which account would normally not require an adjusting entry? a. Wages Expense b. Accounts Receivable C. Cash d. Accumulated Depreciation 6. MC.03-081 The account type and normal balance of Unearned Revenue would be a. expense, debit b. revenue, credit c. asset, debit d. liability, credit 7. MC.03-120 The adjusting entry to record the depreciation of a building for the fiscal period is a. debit Accumulated Depreciation; credit Depreciation Expense b. debit Building; credit Depreciation Expense C. debit Depreciation Expense; credit Accumulated Depreciation d. debit Depreciation Expense; credit Building d. debit Depreciation Expense; credit Building asset account and the related accumulated depreciation account is 8. MC.03-119 The difference between the balance of a fixed asset account and the termed a. market value b. historical cost c. book value d. contra asset 3. contra asset 0. If $18,000 of the $72,000 is unearned at the end 9. MC.03-108 The unearned rent account has a balance of $72,000. If $18,000 of the $72.000 accounting period, the amount of the adjusting entry is a. $90,000 b. $54,000 C. $18,000 d. $36,000
Depreciation expense is typically debited and accumulated depreciation is credited in this entry.
What is the adjusting entry for depreciation expense?It would be necessary to make adjustment entries for wages expense, accounts receivable, and accumulated depreciation. Unearned Revenue would typically have an account type of expenditure, debit. A journal entry used to indicate depreciation expense is called an adjusting entry. It is prepared at the end of a period to reflect the expense on the income statement and the decline in the fixed asset's value on the balance sheet. Depreciation expense is typically debited and accumulated depreciation is credited in this entry. The book value of an asset is the amount that separates the balance of a fixed asset account from the balance of the account that records accumulated depreciation for that asset. There is $72,000 in the unearned rent account. The value of the adjusting entry is $54,000 if $18,000 of the $72,000 accounting period is used.To learn more about account refer to :
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Refer to the data below. If price was initially $4 and free to fluctuate, we would expect:
Bushels Price Bushels
Demanded Per Supplied
Per Month Bushel Per Month
45 $5 77
50 4 73
56 3 68
61 2 61
67 1 57
Still, the demand for bushels of the good will increase, and the force will drop,
If price is originally at$ 4 and free to change. Since there's an inverse relationship between price and demand, as the price increases, the demand for bushels decreases. As the force decreases, the price of the good increases. According to the data, when the price increases to$ 5, the demand for bushels decreases to 45, while the force increases to 77. also, when the price decreases to$ 4, the demand for bushels increases to 50, while the force decreases to 73. As the price drops further to$ 3, the demand increases to 56, while the force decreases to 68. When the price drops to$ 2, the demand increases to 61, while the force decreases to 61. Eventually, when the price drops to$ 1, the demand increases to 67, while the force decreases to 57. thus, if the price is originally set at$ 4 and free to change, we'd anticipate the price to move equally with the demand, until the demand reaches 67 and the price reaches$ 1.
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Entries are made to the Petty Cash account when a. replenishing the petty cash fund.
b. making payments out of the fund.
c. recording shortages in the fund establishing the fund.
Alma Corp, issues 1,000 shares of $10 per value common stock at $16 per share, When the transaction is recorded, credits are made to: a. Common Stock $16.000. b. Common Stocks $10,000 and Paid-in Capital in Excess of Stated Values $6,000. c. Common Stock $ 10.000 and Retained earnings $6,000 d. Common Stock $10,000 and Paid-in Capital in Excess of Par Value $6,000.
Answer:
a
d
Explanation:
You need to make an entry when you replenish the petty cash book
It is usually split into two different line items: common stock (par value) and additional paid-in capital.
Additional paid-in capital refers to only the amount in excess of a stock's par value.
Refer to the Figure. Which of the following price floors would be binding in this market?$10$30$15$20
Option (A). The $10 price floor is binding because it is the price floor above the federally established equilibrium price.
What is an equilibrium example?Examples of equilibrium are:
A book quietly placed on the table. A car that moves at constant speed. A chemical reaction in which the forward and reverse kinetics are equal
What are the formula for equilibrium?You can use formulas to find the equilibrium price. The equilibrium price formula is based on quantity demanded and quantity supplied. Set the quantity demanded (Qd) equal to the quantity supplied (Qs) and find the price (P). Here is an example equation:
Qd = 100 - 5P = Qs = -125 + 20P
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you are a project manager for a large project-oriented organization. you are currently working on a project proposal and are considering potential stakeholders that may influence the project. which stakeholders are the most critical at this point in the project?
Stakeholder management. Early on in the project, they are perhaps the most important stakeholders. Project managers, sponsors, and portfolio managers are involved in managing stakeholders.
What examples of stakeholders are there?Any person who is interested in or impacted by the project is considered a stakeholder. The property or even the business could be considered a shareholder. Stakeholders include, among others, customers, suppliers, bondholders, suppliers, and vendors. Shareholders are considered stakeholders.
How does a stakeholder contribute?What Role Do Stakeholders Have? A stakeholder's primary duty is to contribute their knowledge and perspective to a projects in order to help the business realize its strategic objectives.
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Two important goals or steps within Core Process one are ____ and _____.A)identify the problem; choose the project managerB)identify the solution objective; obtain project approvalC)describe the solution;obtain project approvalD)estimate the cost; identify the iterations
Two important goals or steps within Core Process one are b )identify the solution objective and obtain project approval A "core procedure" is one that promotes consistency within a department.
Core Process can probably think of several instances of core processes off the top of your head. They include customer service best practices, hiring processes, or systems your sales team employs. Documenting these fundamental procedures promotes a uniform experience for your workers and clients. Furthermore, they supply the training that frequently underlies the remainder of a department's process. Finally, having essential procedures recorded and available for everybody to utilize saves time in training and keeps your organization running smoothly. Determine which department appears to be the most chaotic or demands your attention the most frequently. Take note of the critical tasks required to keep that department working properly.
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When considering a hollow structure, the organization
A) is often called a horizontal organization.
B) groups activities around similar products or services,
C) assembles product chunks, or modules, provided by outside contractors.
D) is a rigid nonadaptive structure.
E) has a central core of key functions and outsources others to vendors who are less expensive or faster
When considering a hollow structure, the organization (E) has a central core of key functions and outsources others to vendors who are less expensive or faster.
The term Hollow Structural Sections (HSS) alludes to high-strength welded steel tubing utilized as primary components in structures and different designs and various made items.
Hollow structures are a reevaluating model in which the association keeps up with its center cycles inside however re-appropriates noncore processes. Empty designs are best when the business is value cutthroat and decisions for reevaluating exist.
Hollow structures Segments, or HSS, are cold-shaped, welded steel tubes utilized for welded or catapulted development of structures, spans, and different designs as well as many made items.
Hence option (E) is correct.
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Cash received in advance of providing goods or performing services is recorded as O A. Unearned Revenue OB. Accrued Revenue O C. Service Revenue OD Uncollected Revenue
Option (a), Unearned Revenue is the term used to describe money that is received before performing services or providing commodities.
How does earned income vary from unearned income?You have fulfilled your contractual duties by offering the demanded goods or services, as shown by earned income. Unearned income is the exact reverse. You still need to supply the services even if you have the cash on hand.
Prepaid revenue is referred to as unearned revenue in accounting. This sum of money is given to a company before it begins offering products or services to customers. Unearned income is the debt owed to the company.
Unearned income is money that a person or business receives in exchange for a good or service that hasn't yet been offered or provided. On a company's balance sheet, it shows up as a liability and represents a debt owed to the customer.
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a bank holds its reserves as ________ and ________.
A bank holds its reserves as cash in their vaults and deposits with a Federal Reserve Bank.
In order to safeguard the stability of the country's banking and financial system and to defend the credit rights of customers, the Federal Reserve Bank oversees and regulates banks and other significant financial institutions. keeping systemic risk that might develop in financial markets under control and preserving the stability of the financial system.
Money, valuables, records, and papers are kept safe and secure in bank vaults. Similar to a safe, it is meant to safeguard its contents against hazards including theft, illegal use, fire, and natural catastrophes.
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What document is used to determine the actual amount of direct labor to record on a job cost sheet?
A. Time ticket
B. Payroll register
C. Production order
D. Wages payable account
Wages payable account is the document so the option D is correct for the given question.
The document used to determine the factual quantum of direct labor to record on a job cost distance is a time ticket. A time ticket is a document completed by the hand which records the quantum of time they've worked on a particular job. It can be used to track the labor hours spent on each job, as well as the accoutrements and inventories used on the job. The time ticket will include the hand’s name, the job number, the launch and end times for the job, and the total hours worked. The time ticket also includes the cost of accoutrements and inventories used on the job. This information can also be used to calculate the direct labor costs for the job.
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. Donald has $40 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will he have in 2 years
Donald has $40 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, $44 will he have in 2 years.
What is savings account?An account in a retail bank is a savings account. Common characteristics include having a finite number of withdrawals allowed, not having check or connected debit card facilities, having few transfer choices, and not being able to become overdrawn. Savings account transactions were typically recorded in a passbook in the past, hence the term "passbook savings accounts," and bank statements were not typically supplied. Nowadays, same transactions are typically recorded electronically and are available online. Savings accounts are deposited into for a variety of purposes, including as a secure place to save money. Many nations mandate deposit insurance for savings accounts, and some offer a government guarantee for at least a percentage of the account amount.
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What is interpersonal in your own words?
When used alone, the term "interpersonal" simply means anything that involves interactions between people.
What is an interaction?Interaction between two or more objects are referred to as interactions. The idea of a two-way effect is necessary for the concept of interaction, as opposed to a one-way causal effect. The interactions of interactions inside systems are the subject of interconnectivity, a closely related term. Unexpected emergent events can be produced by the combination of multiple basic interactions. Interaction can mean different things in various academic disciplines. Some typical instances of contact with fields outside of science are provided below: Any type of communication, such as when two or more people speak to one another or when groups, organizations, nations, or states interact with one another, as in trade, immigration, world affairs, or transportation. the input you get from using a tool or machine, like a computer.
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we’re in the second biggest home price correction of the post-wwii era—here’s the latest data
We’re in the second biggest home price correction of the post-WWII era—here’s the latest data: Jerome Powell, the chair of the Fed, stated in a September interview with reporters that the future of the American housing market will be "reset" by a "difficult correction."
Why house prices were rising at this rate of speed?House prices were rising at an unsustainable rate of speed. Therefore, the slowdown in house prices that we are currently witnessing could aid in bringing prices closer to rentals and other key components of the housing market. That is beneficial. Longer term, supply, and demand need to be better balanced in order for housing prices to rise at a fair rate and at an acceptable level and for people to once again be able to purchase homes. To get back there, the housing market probably has to see a correction, according to Powell. "This challenging [housing] correction could better balance the housing market again."
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the sequence of activities and phases of the customer life cycle are as follows: ________.
The sequence of activities and phases of customer life cycle are as follows reach, acquisition, conversion, retention, and loyalty.
What is customer life cycle?Consumer appeal is presumably a big part in deciding your success in retail, so you must devote enough time and money to guarantee that you have the expertise and technological resources to stay up with shifting demand. It is claimed that successful businesses have a sizable following of dedicated customers. Understanding this life cycle clearly is essential to a corporation's growth or success. The ultimate goal of creating strong brand loyalty is to keep customers, but in order to achieve this, your business must consistently deliver accurate and up-to-date content to previous clients. Otherwise, they won't remember your brand as well. The customer life cycle marketing can help your business maximize the amount of money it can make from each customer who makes a purchase on its website.
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A strong liquidity position means that: O the firm is able to meet its short-term obligations. O the firm pays out a large portion of its net income in the form of dividends.O the firm pays its creditors on time.O the firm uses little debt in its capital structure.
A strong liquidity position means that the firm pays out a large portion of its net income in the form of dividends.
A business, abbreviated as co., is a legal body that represents a group of persons, whether natural, legal, or a combination of the two, with a common goal. Members of a company work together to attain certain, stated goals.
A business can be formed as a legal person so that the firm's liability is restricted when members perform or fail to execute their duties in accordance with the publicly proclaimed incorporation or published policy. Corporations can form alliances and register as new companies as a group; the resulting organizations are commonly referred to as corporate groupings.
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A tax imposed on the sellers of a good will lower the ____ and ____ the equilibrium quantity. a. price paid by buyers: lower b. price paid by buyers: raise c. effective price received by sellers: lower d. effective price received by sellers: raise
A tax imposed on the sellers of a good will lower the ____ and ____ the equilibrium quantity. c. effective price received by sellers.
Forcing a duty on the provider or the purchaser affects costs and amounts. The impact of the expense on the inventory request harmony is to move the amount toward where the before-charge request less the before-charge supply is how much the duty.
If an expense is exacted on the vendor of an item the interest bend won't change. a duty put on the vendor of an item will raise harmony cost and lower the balance amount. a duty put on the dealer of a decent raises the cost purchasers to follow through on and brings down the cost merchants get.
Hence option (C) is correct.
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CVS Health prohibits giving anything of value to a public official in order to influence official action or obtain an improper advantage. TRUE FALSE
CVS Health forbids providing anything of value to a public official in an effort to sway decisions or gain an unfair benefit. It is real.
What is true about the ethics line CVS?Conduct with Public Officials: The CVS Health Ethics Line can be reached by contacting 877-CVS-2040 at any time, day or night (877-287-2040). Retaliation is not permitted at CVS Health against anyone who brings up a legitimate legal or ethical concern or cooperates with an investigation.
Customers who get good service may present presents to CVS Health as a token of their thanks. According to CVS Health policy, employees are free to accept sporadic, nominally valued thank-you presents from clients.
The CVS Health® intranet site contains advice. Contact Chief Compliance Officer David Falkowski at David. at (401) 770-7486 if it appears that the Code needs to be waived or modified in the unlikely event that it does. The CVS Health policy forbids the direct or indirect giving or offering of anything of value.
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Elisha purchased 100 shares of RMBN common stock on June 6, 2019, at $60 per share. On February 11, 2020, RMBN paid shareholders a 20% stock dividend. Elisha sells the shares received as the stock dividend on December 5, 2020, at $55 per share. What are the tax consequences of this trade
According to the given information the tax consequences of this trade $100 long-term capital gain.
What does "tax" actually mean?An obligatory fee or financial charge is referred to as a tax when it is imposed by a government on a person or an organization in order to raise money for public projects that fund the greatest services and infrastructure. Various public spending programs are then funded with the money that was gathered. You must pay tax to the government in order for it to fund public amenities like roads and schools. The government introduced a brand-new tax on the retail sale of specific goods and services. The purchase of a commodity is subject to a retail sales tax.
purchased shares =100
per share price=$60
December 5, 2020,
per share price= $55
so tax consequences of this trade is $100 long-term capital gain.
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The first step in the managerial decision making process is to:
O make the decision.
O identify the decision problem.
O determine the decision alternatives.
O evaluate costs and benefits.
The first step in the managerial decision making process is to identify the decision problem.
According to the Oxford English Dictionary, a business manager is a person who oversees the operations of a person, institution, organization, or business. Business managers oversee the work of others in order to function efficiently and generate revenue.
He may be an expert in one or more of the following areas, but must have a thorough grasp of all of them: Finance, marketing, and public relations. His additional technical expertise as a leader in business includes understanding of law, physics, and computer programming. Even human resources may be managed by managers.
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A company purchased factory equipment on April 1, 2010 for $64,000. It is estimated that the equipment will have an $8,000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2010 is
Using straight-line method of depreciation, amount recognized as depreciation expense on December 31, 2010 is $4,200. Straight-line depreciation; accounting process that spreads cost of fixed asset over period in which a company expects to benefit from its use.
How to calculate?($64,000 - $8,000) / 10 = $5,600
But, the asset was used only for 9 months in 2010 (from April to the end of December).
Hence, the depreciation expense for 2010 is $4200 (5600 x 9/12).
What are types of depreciation methods?The most common depreciation methods are: Straight line method, Double declining balance method and production unit method.
Which depreciation method is best?The straight-line method of depreciation is the best method of accounting for depreciation because it is easy to calculate and is the most commonly used method.
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What are some of the conflict management skills?
There are following conflict management skills: communication. emotional intelligence. active listening. open discussion. Patience. fairness. Positive.
What does conflict management skills mean?Dispute management is the practice of recognizing and managing disputes in a meaningful, fair and efficient manner. The conflict management process addresses (perceived) contradictions and disagreements arising, for example, from differing opinions, goals, and needs.
What are examples of good conflict management?Establish clear guidelines so that parties understand that the purpose of the discussion is to work together toward a concrete solution. For example, if an employee is overwhelmed with her duties, ask her to create her task spreadsheet with deadline estimates.
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A department that provides a service for internal departments is called a(n) __________ department.
a. internal
b. service
c. cost
d. charge out
A department that provides a service for internal departments is called a service department.
When it comes to an internal department, communication and collaboration are key. To ensure the team is working efficiently, the members should have a clear understanding of each other's roles and responsibilities.
Having a consistent method of communication will also help facilitate collaboration and idea-sharing between departments. Furthermore, a well-thought-out strategy can help define a team's goals and objectives, enabling everyone to work towards a shared goal. By utilizing these techniques, an internal department can run effectively and efficiently all the time.
Hence, the correct option is "B".
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