When students participate in experiential education opportunities, they gain. A better understanding of course material. This is important about learning experience.
What is a Learning Experience and Learning Engagement?The contextual or co-created conditions in which trainees experience the learning environment, including physical or virtual surrounds, teacher, course design, and the institution's emotional and cognitive cultures, are referred to as the learning experience. In other terms, the learning experience is any contact (traditional or modern), programme, course, or other activity that involves learning. The learning experience, in essence, emphasizes the aim of learning rather than how or where it is provided. In essence, learner engagement is the level of involvement and cooperation a learner has with the instructor, other learners, and learning resources. It emphasizes the quality and amount of learner participation, commitment, and motivation, not only to meet the established milestones but also to gain important knowledge.
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One benifit of specialization is that it
An important benefit of specialization is the improvement of human capital, which helps to gain competitive advantage.
What is competitive advantage?It corresponds to the fact that a company is the first option for potential consumers when they want to purchase a good or service, giving these companies advantages over their competitors.
Therefore, the specialization of employees generates a more accurate knowledge, increasing the level of effectiveness in the operational systems and continuous improvement that leads to the positioning in the market.
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Staples has expanded its __________________ efforts to sell to companies such as Wells Fargo or IBM.
business-to-business
unreachable
international
consumer-to-business
business-to-consumer
Read the mini case below and answer the questions that follow.
At Staples, the overall goal has been to become the leading office products and service provider by combining experience, extensive distribution infrastructure, and customer service expertise with web-based information technology. The integration of different channels of distribution into one seamless customer experience has been of particular interest to the company. Staples uses various channels of distribution to address the needs of its different segments. Smaller businesses are generally served by a combination of retail stores, catalog, and the Internet. Retail operations focus on serving the needs of consumers and small businesses, whereas the catalog and Internet operations focus on customers who need delivery of their office products and other specialized services.The typical Staples retail store has approximately 7,000 stock-keeping units (SKUs), but Staples.com offers about 45,000 SKUs. Staples believes that the Internet channel has helped it to increase its sales while reducing its overhead costs. It has developed three stand-alone websites: Staples.com, a public website; Quill.com, an ecommerce site for medium-sized businesses; and StaplesLink.com, a secure, customized, ecommerce procurement website for large customers who have contracts with Staples.
In addition, the company has placed Staples.com kiosks in its stores so that customers can make purchases of any product, even if it is not stocked in the store. Customers can pay for these purchases at the register or through Staples.com and have the product delivered to their homes or businesses. This multichannel approach allows Staples to increase its productivity by stocking only fast-moving items in stores but not sacrificing product availability.
Finally, Staples has taken charge of the office supplies aisle in some grocery stores, selling a subset of its products to grocery shoppers. In doing so, it extends the reach of its brand beyond its own stores
Staples has expanded its business-to-business efforts to sell to companies such as Wells Fargo or IBM.
Staples has to expanded its business- to- business B2B sweats to all the vend to companies similar as the Wells Fargo and IBM. B2B deals involve dealing products and services to other businesses, rather than to individual consumers. This can also involve the dealing office inventories, cabinetwork, electronics, or other products in bulk to larger companies. Staples ’ B2B sweats, which include an online store, a devoted deals platoon, and acclimatized services, allow larger businesses to pierce Staples ’ products and services more snappily and fluently than they could through a retail store.
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in the context of the vertical structure of a firm, which of the following is true of delegation?
In the context of the vertical structure of a firm, 'it entails getting work done through others' is true of delegation.
If a firm has a triangular top-down structure called a vertical organisation, with a CEO, president, or owner at the top, managers and supervisors in the centre, and regular employees at the bottom. As the company's owner, you would determine all of the important criteria for marketing, sales, and customer service before communicating them to your middle management.
These managers would subsequently be in charge of informing your staff about the work procedures that will result in the desired results. The term "vertical" describes an organisation that functions top-to-bottom, meaning that employees are neither obliged nor expected to participate in decisions you make about how the business is run.
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What does a 401 K plan generally provide its participants?
A 401 K plan generally provide its participants a plan to save money from their salaries as a retirement plan.
A 401K plan is a retirement savings plan that allows participants to set aside a portion of their pre-tax salary for retirement.
Contributions to the plan are made with pre-tax dollars, meaning that the amount of taxes paid each year is reduced. The funds in the 401K plan are not taxed until they are withdrawn, usually at retirement.
Many 401K plans also offer matching contributions from the employer, allowing participants to benefit from an even larger retirement fund.
The amount of money that can be contributed to a 401K plan each year is limited, but the funds will continue to grow tax-deferred until they are withdrawn.
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18. To calculate budgeted direct labor costs, multiply the number of units to be produced by the number of projected direct labor hours. Next, multiply that total by the average direct cost per hour.
True
False
22. A flexible budget summarizes revenues and costs for various levels of sales volume within a relevant range.
True
False
29. A cost variance measures the difference in quantities of actual inputs used and the standard quantity of inputs allowed for the actual number of units produced.
True
False
32. Unfavorable variances are subtracted from each other to arrive at a favorable variance.
True
False
34. A direct labor cost variance is unfavorable if the employer pays workers more per hour than budgeted.
True
False
36. In a standard cost system, the manufacturing overhead allocated to production equals the standard overhead allocation rate multiplied by the standard quantity of the allocation base allowed for expected output.
True
False
37. The direct materials cost and efficiency variances make up the total direct materials variance.
True
False
18. The statement is True. To calculate budgeted direct labor costs, multiply the number of units to be produced by the number of projected direct labor hours. Next, multiply that total by the average direct cost per hour.
22. The statement is True. A flexible budget summarizes revenues and costs for various levels of sales volume within a relevant range.
29. The statement is True. A cost variance measures the difference in quantities of actual inputs used and the standard quantity of inputs allowed for the actual number of units produced.
32. The statement is False. Unfavorable variances are subtracted from each other to arrive at a favorable variance.
34. The statement is False. A direct labor cost variance is unfavorable if the employer pays workers more per hour than budgeted.
36. The statement is False. In a standard cost system, the manufacturing overhead allocated to production equals the standard overhead allocation rate multiplied by the standard quantity of the allocation base allowed for expected output.
37. The statement is False. The direct materials cost and efficiency variances make up the total direct materials variance.
Direct expenses are costs that can be immediately responsible for a value item (inclusive of a selected assignment, facility, function, or product). Direct value is the nomenclature utilized in accounting. The equal nomenclature in economics is a particular value. via contrast, a joint fee is a price incurred within the manufacturing or delivery of a couple of products or product traces.
For an instance, in civil aviation, substantial costs of a flight (pilots, gasoline, wear and tear on the aircraft, touchdown and takeoff costs) are a joint cost between carrying passengers and wearing freight and underlie economies of scope throughout passenger and freight offerings. aid of contrast, a few costs are unique to the services, for example, food and flight attendants are particular expenses of carrying passengers.
Direct charges are at once as a result of the object. In construction, the charges of materials, labor, equipment, and so forth., and all immediately concerned efforts or charges for the price item are direct costs. In manufacturing or other non-creation industries, the part of operating fees that is without delay assignable to a particular product or technique is a right-away price. Direct costs are the ones for sports or offerings that gain unique initiatives, for instance, salaries for task teams of workers and materials required for a selected challenge. because these activities are easily traced to initiatives, their expenses are normally charged to tasks on an object-by-using-object basis.
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the brahman breed would be an example of ___________ cattle.
The brahman breed would be an example of bos indicus cattle.
To fulfil the rising need for protein on a worldwide scale, it is essential to make efforts to comprehend biological processes and create management plans tailored to Bos indicus-influenced cattle grown in tropical and subtropical regions. The majority of B. indicus breeds are employed in the United States to produce B. indicus B. taurus hybrids with improved parasite and heat tolerance while keeping certain productive traits of B. taurus cattle. Research has sought to uncover B. taurus genotypes that can endure subtropical and tropical regions even though crossbreeding is a tried-and-true method to increase cattle adaption practically quickly.
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What types of information does a W-2 form contain ?
An amount is deducted from an employee's pay as a withholding tax by the employer.
Why is a W-2 form important?Because it examines wage information, the W-2 form is crucial. The W-2 indicates any additional taxes owed as well as any tax refunds. In the end, a W-2 reveals an employee's earnings for the preceding year. After that, the employer pays the federal government with that sum. When they submit their tax returns, the employees pay the outstanding sum. The IRS will give a tax refund if the employer withheld too much tax; but, if they didn't, the employee is responsible for making up the difference.This form is used to fill out other tax forms, allowing you to file and submit your taxes on time. Because it gives you the chance to confirm that the claimed pay is accurate, a W-2 form is significant.To learn more about W-2 form refer to:
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When there is an easy money policy because the Fed is accommodating by increasing the money supply, then interest rates are reduced and that __________ Business Investment.
Because the Fed is being accommodating and increasing the money supply, there is an easy money policy, which lowers interest rates and increase business investment.
Business investment, as opposed to the purchase of a delivery car for a restaurant, explicitly refers to financial assets that are bought in the aim of producing money on their own. The distinction is that while a distribution car will contribute to the company's increased profitability, the restaurant owner is unlikely to receive compensation for the car itself. Investing frequently takes the form of acquisitions, capital investments, real estate purchases, increased marketing expenditures, etc.
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The Fed takes steps to increase extra reserves, banks can make more loans increasing the cash supply, which lowers the activity charge and will increase investment which, in turn, increases GDP through a more than one quantity of the alternate in investment.
When the Fed increases the hobby price it pays on reserves the cash grant will increase?If the Fed increases the interest price of reserves, banks will prefer to maintain higher reserves. This will reduce the money multiplier as greater reserves effectively suggest a higher reserve ratio. A fall in the money multiplier will decrease the loans given out by using banks, lowering the money supply.
How does the Fed amplify the cash supply?The Fed can impact the money supply with the aid of modifying reserve requirements, which usually refers to the amount of money banks should preserve towards deposits in bank accounts. By reducing the reserve requirements, banks are in a position to loan greater money, which will increase the common supply of cash in the economy.
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https://brainly.com/question/25843620#SPJ4Which of the following are correctly spelled plural nouns? Check all that apply.
o familys
o copyers
o faxs
o companies
o CPAs
o secretaries
The correctly spelt plural nouns are:
secretaries companiesWhat is a plural noun?A plural noun is a noun that designates more than one individual, location, object, or concept. By adding a suffix, often -s or -es, most single nouns become plural. For instance, the plural form dogs is used for the singular word dog, as in three dogs. However, several irregular plural nouns have distinctive forms.
By simply adding a -s to the end, most singular nouns may be rendered plural. Depending on what letter a word finishes in, there are several distinct rules for pluralization.
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What is the best first thing to invest in?
The best first thing to invest in would depend on your financial goals and risk tolerance. Some popular options include: Index Funds, REITs, Cryptos, etc.
Index Funds: Index funds are a type of mutual fund that track a specific stock market index, such as the S&P 500. They offer diversification and low fees, making them a great option for beginners.
Real Estate Investment Trusts (REITs): REITs are a way for individuals to invest in real estate without having to buy a property themselves. They offer the potential for high returns and dividends.
Robo-Advisors: Robo-advisors are digital platforms that offer personalized investment portfolios based on your risk tolerance and financial goals. They typically have low minimum investment requirements and low fees.
Cryptocurrency: Cryptocurrency such as Bitcoin or Ethereum is another option, however, it is considered high-risk and volatile, and it's not recommended for beginners.
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Depending on your financial goals and risk tolerance, the appropriate initial investment will vary. Index Funds, REITs, etc., are a few of the more well-liked possibilities.
How do you define investment?
Indices Funds: A certain stock market index, such as the S&P 500, is followed by a certain kind of mutual funds called index funds. They are an excellent choice for novices because they provide diversification and have affordable prices.
REITs are a means for people to invest in real estate without having to actually purchase a piece of property. High dividends and returns are possible with them.
Robo-advisors: These online services provide tailored investing portfolios depending on your risk tolerance and financial objectives. Usually, there aren't any, and the fees aren't very high either.
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How long do you have to claim a winning scratch card?
Scratch cards typically have expiration dates that range from 90 days to one year, depending on the nation that is selling them. The expiration date can sometimes be seen on the back of your ticket.
What is a scratch card?A scratchcard is a card designed expressly for contests.
It is also referred to as a scratch ticket, scratcher, scratched, scratch-it, scratch game, scratch-and-win, instant game, instant lottery, scratchie, lot scrots, or scratches.
It frequently has one or more places with secret information that can be disclosed by removing an opaque covering on one or more of the locations and is composed of thin paper or plastic to conceal PINs.
Depending on the selling country, ticket expiration dates commonly range from 90 days to one year.
On the back of your ticket, you will frequently find the expiration date.
Ask your lottery if the expiration date is not provided.
Therefore, scratch cards typically have expiration dates that range from 90 days to one year, depending on the nation that is selling them. The expiration date can sometimes be seen on the back of your ticket.
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without new products or services, the values of the firm will ultimately _________.
without new products or services, the values of the firm will ultimately decline A product in marketing is an object, system, or service made accessible for consumer.
usage based on consumer demand it is anything that may be given to a market to meet a customer's want or need. Product are sometimes referred to as merchandise in selling, while products are purchased as raw materials and then sold as completed things in manufacturing. A service is also considered a product. In project management, products are the formal specification of the project deliverables that comprise or contribute to the achievement of the project's objectives. A sub-product is a similar idea, which is a secondary yet beneficial byproduct of a manufacturing process. Dangerous products, particularly those that cause bodily harm to customers.
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A home closes for $365,000 how much would you pay the county clerk and public trustee? 1) $3,650 2) $45 3) $365 4) $36.50.
The amount You need to pay to the county clerk and public trustee is $36.50. Thus the correct option is 4.
What is the documentary fee?A documentary fee refers to the fee charged by the administrative authority for approving or collecting or submitting the document. This fee varies from a different department to department based on the type of work.
In the given case, the documentary fee is paid to the county clerk and public trustee for the closing of the home $365,000. This amount can be calculated as-
documentary fee=one penny per every $100
=$.0001 x $365,000
= $36.50
Therefore, the amount needed to be given is $36.50, option 4 is appropriate.
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Bonds are usually in denominations of:
Multiple Choice
O $100
O $1,000
O $10,000
O $100,000
Bonds are usually in denominations of: $1,000. (option b is correct)
A bond is a debt security in which an investor loans money to an entity (typically corporate or government) which borrows the funds for a defined period of time at a fixed interest rate. Bonds can offer a predictable income stream, but also carry risk of default. They are often used as a way for companies or governments to raise capital, and can be bought and sold on the bond market. The face value of a bond is the amount that will be returned to the bondholder at the maturity date.
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Which method of data collection is most commonly used by scientists?
The method of data collecting that scientists utilize most frequently is observations.
What method of gathering data is based on observation?The observation method of data collection involves seeing people in a specific setting or at a specific time of day. In essence, researchers watch the actions of the subjects or surroundings they are researching. A participant-based study of this kind may be planned, unplanned, or both.
Using checklists and recording sheets with pre-written questions and pre-determined answers is the most systematic way to collect observational data. Typically, this kind of form is used to collect data that can be clearly defined beforehand (for instance, subjects that might be covered in a lesson on HIV prevention).
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If a purchase decision is a routine purchase with little customer decision involvement, what type of decision is it
Low-risk, simple, repeated, and habit-forming decisions are those that don't require much thought. In reality, the consumer does not place much importance on these purchases.
When buyers' level of involvement is low?We refer to these as impulse purchases. A protein bar might catch your eye while you wait to check out at the grocery store, and you decide to buy it just because you want it. When you see a bag of popcorn or a roll of tape at the checkout counter, you might remember that you need them or that you just want them. Limited-involvement items fall somewhere in between high- and low-risk options. Consumer behavior is influenced by a variety of factors. Some consumers might be able to make judgements quickly based on their knowledge and expertise, while other consumers could need more time to consider their options.
How significant or engaged the consumer is in the decision is shown by the level of involvement. This alters how much information people require to decide. Decisions that demand considerable thought and a high level of involvement range from those that are very habitual and are frequently referred to as habits. Whether a consumer is involved in a decision at a low, high, or limited level often depends more on them than on the good or service.
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What process is used to conduct an inventory of critical systems, components, and devices within an organization
Inventory control techniques are used to conduct an inventory of critical systems, components, and devices within an organization.
What are inventory control techniques?Inventory management helps businesses identify when and how much inventory to order. Track your inventory from product purchase to sale. This practice recognizes and responds to trends, ensuring that sufficient inventory is always available to fulfill customer orders and providing timely warning of shortages.
Inventory sold is revenue. Before it is sold, inventory (although recognized as an asset on the balance sheet) is tied to cash. Excess inventory, therefore, costs money and reduces cash flow.
A measure of good inventory management is inventory turnover. Inventory turnover, an accounting measure, reflects the number of times inventory is sold over a period of time. Businesses don't want more inventory than sales. Poor inventory turnover can lead to dead stock and unsold inventory.
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Which of the following options describes the phases of business cycle, in order of occurrence?
Peak, recession, trough, recovery.
The four stages of a full business cycle are expansion, peak, contraction, and trough.
What does a cycle in the economy mean?Economic activity rises and falls with business cycles. These developments have an effect on both the overall welfare of society and the welfare of private businesses. To determine how business cycles have changed over time, it is customary to look at changes in a broad economic statistic, such as the Real Gross Domestic Product.
Classical instances of business cycle fluctuations include widespread upswings and downswings in a number of macroeconomic indexes. Each expansion or recession episode's duration and severity change over time.
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How is elasticity measured in economics?
Price elasticity measures how sensitive the supply and demand for an item are to price changes. It is computed by multiplying the percent change in price by the change in its price.
What unit is elasticity measured in?Because it is calculated as stress (in processes determine) divided by strain, the units for the elastic modulus are pressures units (dimensionless). Pascals (Pa), the SI unit, or pounds per inch (psi), depending on the sector or region, are the most often used units.
Is elasticity a unit free measure?Elasticity is a measurement that has no units. It makes no difference how we assess the price or the amount in the two marketplaces when comparing markets using elasticities. Economists can quantify market variations thanks to elasticities without having to standardize measuring units.
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What are the two elements of investment?
The commitment of current financial resources in the hopes of achieving higher returns in the future is what is meant by the term "investment." It addresses what are referred to as uncertainty domains.
Because time and the future are two crucial aspects of investment, the significance of these concepts emerges from this definition.
What aspects of investment are there?These are the parts: 1. 2. Return Return and Risk 3. Time
What are the two primary goals of an investment?The main goals of investing are safety, income, and capital gains. However, there are additional considerations that should be made when selecting investments. Minimizing taxes: When making decisions, some investors take tax minimization into consideration.
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31. A decrease in demand is represented by a. a movement downward and to the right along a demand curve. b. a movement upward and to the left along a demand curve c. a rightward shift of a demand curve. d. a leftward shift of a demand curve. 32. A rightward shift of a demand curve is called a. an increase in demand. b. a decrease in demand. c. a decrease in quantity demande
d. dan increase in quantity demanded
31. A decrease in demand is represented by: leftward shift of a demand curve (option d)
32. A rightward shift of a demand curve is called: an increase (option a)
In the demand curve,
vertical axis: information about pricehorizontal axis.: demanded quantityThe typical demand curve is shown in the attached picture.
The demand curve will vary if any of these other things change.
An increase in demand is indicated by a movement to the right in the demand curve.A decrease in demand is indicated by a shift to the left in the demand curve.Hence, the correct answers are:
- A leftward shift of a demand curve represents a decrease in demand .
- A rightward shift of a demand curve represents an increase in demand.
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the information resulting from a job analysis is used for writing ________.
Select one:
a. corporate objectives
b. job descriptions
c. personnel questionnaires
d. training requirements
The information resulting from a job analysis is used for writing job descriptions.
A job description's foundation is a job analysis. Employees are informed of their responsibilities through job descriptions, which also provide them with important information that can prevent them from being overworked or assigned activities that do not fit their job description. The arrangement of jobs within a job family is defined by job analysis.
It enables departments to establish career routes for workers interested in enhancing their chances for pay raises and career promotion. It includes in-depth research, observation, and reporting on the responsibilities, duties, and requirements of the job, as well as the qualifications of the job holder and the working environment.
The correct answer is option b.
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Which of the following is not a characteristic of risk? a. The greater the uncertainty, the greater the risk. b. The greater the potential risk, the greater the potential return investors will expect. c. The later the cash flows are expected to be received, the greater the risk. d. The shorter the expected holding period, the greater the risk.
The answer is d. The shorter the anticipated holding period, the lesser the threat.
The shorter holding period doesn't inescapably increase threat. threat is a measure of the query associated with an investment. The query of an investment is generally determined by the volatility of the investment, the liquidity of the investment, and the anticipated or implicit return of the investment. The longer holding period doesn't inescapably reduce the threat associated with an investment as the anticipated return and volatility of the asset may still be high. The longer holding period may actually increase the threat associated with an investment as the asset may be more unpredictable or may not be liquid enough for investors to exit the investment snappily.
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Which side of the account increases the cash account?
O a. debit
O b. credit
O c. either a debit or a credit
O d. neither a debit nor a credit
A debit increases the balance and a credit decreases the balance.
Now, According to the question:
What are Debits and Credits?
Business transactions are events that have a monetary impact on the financial statements of an organization. When accounting for these transactions, we record numbers in two accounts, where the debit column is on the left and the credit column is on the right.
Debits:
A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry.
Credits:
A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned to the right in an accounting entry.
Hence, A debit increases the balance and a credit decreases the balance.
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identify 2 factors that affect the total amount of money you pay for a mortgage.
2 Important Factors Affecting Interest Rates You Should Know credit score are credit ratings are one of the factors that affect interest rates are home town and house prices and loan amounts.
With information, you can have a trusted conversation with a lender, ask questions, and understand lending decisions. Interest rates, like gas prices, can fluctuate from day to day and year to year.
Like gasoline prices, interest rate market movements are out of your control, but it makes sense to watch for typical movements. That way, you can get a sense of whether the interest rate quote you're getting seems to be in the range of typical interest rates, or if you need to ask more questions and investigate further.
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Identify 2 factors that affect the total amount of money you pay for a mortgage are Interest rate and Loan term.
What is mortgage?Mortgage is a loan agreement between a borrower and lender, in which the borrower uses their property as collateral for the loan. The loan is secured by a legal document called a mortgage deed, which gives the lender a legal interest in the property until the loan is paid off.
1. Interest rate: The interest rate is a key factor in determining the total amount of money you will pay for a mortgage. Higher interest rates mean higher monthly payments and a higher total amount paid over the life of the loan.
2. Loan term: The loan term is another factor that influences the total amount of money you will pay for a mortgage. A longer loan term will mean lower monthly payments, but a higher total amount paid over the life of the loan.
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Comprehensive Problem: Parts 1-3
1. COMPPRO.01.01.PART.1
Accounting
1. Comprehensive Problem 1
Part 1:
The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts.
Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below:
11
Cash
32
Retained Earnings
12
Accounts Receivable
33
Dividends
14
Supplies
41
Fees Earned
15
Prepaid Rent
51
Salary Expense
16
Prepaid Insurance
52
Rent Expense
18
Office Equipment
53
Supplies Expense
19
Accumulated Depreciation
54
Depreciation Expense
21
Accounts Payable
55
Insurance Expense
22
Salaries Payable
59
Miscellaneous Expense
23
Unearned Fees
31
Common Stock
The post-closing trial balance as of April 30, 20Y8, is shown below:
Kelly Consulting
Post-Closing Trial Balance
April 30, 20Y8
Account No.
Debit
Credit
Cash
11
22,100
Accounts Receivable
12
3,400
Supplies
14
1,350
Prepaid Rent
15
3,200
Prepaid Insurance
16
1,500
Office Equipment
18
14,500
Accumulated Depreciation
19
330
Accounts Payable
21
800
Salaries Payable
22
120
Unearned Fees
23
2,500
Common Stock
31
30,000
Retained Earnings
32
12,300
46,050
46,050
Required:
Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time.) If an amount box does not require an entry, leave it blank.
May 3: Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $4,500.
Description
Post. Ref.
Debit
Credit
fill in the blank 2
fill in the blank 3
fill in the blank 5
fill in the blank 6
May 5: Received cash from clients on account, $2,450.
Description
Post. Ref.
Debit
Credit
fill in the blank 8
fill in the blank 9
fill in the blank 11
fill in the blank 12
May 9: Paid cash for a newspaper advertisement, $225.
Description
Post. Ref.
Debit
Credit
fill in the blank 14
fill in the blank 15
fill in the blank 17
fill in the blank 18
May 13: Paid Office Station Co. for part of the debt incurred on April 5, $640.
Description
Post. Ref.
Debit
Credit
fill in the blank 20
fill in the blank 21
fill in the blank 23
fill in the blank 24
May 15: Recorded services provided on account for the period May 1-15, $9,180.
Description
Post. Ref.
Debit
Credit
fill in the blank 26
fill in the blank 27
fill in the blank 29
fill in the blank 30
May 16: Paid part-time receptionist for two weeks' salary including the amount owed on April 30, $750.
Description
Post. Ref.
Debit
Credit
fill in the blank 32
fill in the blank 33
fill in the blank 35
fill in the blank 36
fill in the blank 38
fill in the blank 39
May 17: Recorded cash from cash clients for fees earned during the period May 1-16, $8,360.
Description
Post. Ref.
Debit
Credit
fill in the blank 41
fill in the blank 42
fill in the blank 44
fill in the blank 45
May 20: Purchased supplies on account, $735.
Description
Post. Ref.
Debit
Credit
fill in the blank 47
fill in the blank 48
fill in the blank 50
fill in the blank 51
May 21: Recorded services provided on account for the period May 16-20, $4,820.
Description
Post. Ref.
Debit
Credit
fill in the blank 53
fill in the blank 54
fill in the blank 56
fill in the blank 57
May 25: Recorded cash from cash clients for fees earned for the period May 17-23, $7,900.
Description
Post. Ref.
Debit
Credit
fill in the blank 59
fill in the blank 60
fill in the blank 62
fill in the blank 63
May 27: Received cash from clients on account, $9,520.
Description
Post. Ref.
Debit
Credit
fill in the blank 65
fill in the blank 66
fill in the blank 68
fill in the blank 69
May 28: Paid part-time receptionist for two weeks' salary, $750.
Description
Post. Ref.
Debit
Credit
fill in the blank 71
fill in the blank 72
fill in the blank 74
fill in the blank 75
May 30: Paid telephone bill for May, $260.
Description
Post. Ref.
Debit
Credit
fill in the blank 77
fill in the blank 78
fill in the blank 80
fill in the blank 81
May 31: Paid electricity bill for May, $810.
Description
Post. Ref.
Debit
Credit
fill in the blank 83
fill in the blank 84
fill in the blank 86
fill in the blank 87
May 31: Recorded cash from cash clients for fees earned for the period May 26-31, $3,300.
Description
Post. Ref.
Debit
Credit
fill in the blank 89
fill in the blank 90
fill in the blank 92
fill in the blank 93
May 31: Recorded services provided on account for the remainder of May, $2,650.
Description
Post. Ref.
Debit
Credit
fill in the blank 95
fill in the blank 96
fill in the blank 98
fill in the blank 99
May 31: Paid dividends, $10,500.
Description
Post. Ref.
Debit
Credit
fill in the blank 101
fill in the blank 102
fill in the blank 104
fill in the blank 105
Based on the given statement the transaction will be entered as -
May 3:
Debit = Cash $4,500
Credit = Unearned Fees $4,500
The recording of advance payment for services.
May 5:
Debit = Cash $2,450
Credit = Accounts Receivable $2,450
Recording for cash receipt on the account.
May 9:
Debit = Miscellaneous Expense $225
Credit = Cash $225
a newspaper advertisement paid in cash
May 13:
Debit = Accounts Payable $640
Credit = Cash $640
The recording of part of the debt settlement.
May 15:
Debit = Accounts Receivable $9,180
Credit = Fees Earned $9,180
entries related to services provided to clients.
May 16:
Debit = Salaries Payable $750
Credit= Cash $750
salaries paid.
May 17:
Debit = Cash $8,360
Credit = Fees Earned $8,360
for fees earned, and cash receipts received from clients.
May 20:
Debit = Supplies $735
Credit = Accounts Payable $735
recording of supplies purchased on account.
May 21:
Debit = Accounts Receivable $4,820
Credit = Fees Earned $4,820
entry related to fees earned, May 16 - 20.
May 25:
Debit =Cash $7,900
Credit = Fees Earned $7,900
To record cash receipts from clients for fees earned, May 17 - 23.
May 27:
Debit = Cash $9,520
Credit = Accounts Receivable $9,520
Record cash receipts received from clients on account.
May 28:
Debit = Salaries Payable $750
Credit = Cash $750
recording of salaries paid
May 30:
Debit = Miscellaneous Expense $260
Credit = Cash $260
To record payment of telephone bill for May.
May 31:
Debit = Miscellaneous Expense $810
Credit = Cash $810
recording of payment of electricity bill.
May 31:
Debit = Cash $3,300
Credit = Earned Fees $3,300
Record cash receipts from clients for May 26 - 31.
May 31:
Debit = Accounts Receivable $2,650
Credit = Fees Earned $2,650
To record fees earned for services on account.
May 31:
Debit = Kelly Pitney, Drawing $10,500
Credit = Cash $10,500
Recording of personal use as Drawing
What is a Journal entry?The journal entry refers to the recording of transactions from the memorandum book. This entry records the transaction as debit and credit according to the rules of the accounting entry.
It will debit all the expenses and credit all income, debit the receiver as well as credit the giver.
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If, as an esthetician, you are regularly and successfully recommending and selling additional services to your clients, than you have most likely perfected the practice of _________.
If you are consistently and successfully proposing and selling extra treatments to your customers as an esthetician, then you have probably mastered the technique of ticket upselling.
Anyone who purchases goods, services, products, or ideas from a seller, vendor, or supplier in exchange for money or another advantageous compensation is referred to as a customer. This phrase includes business, economics, and sales. The name "client" comes from the Latin word "clients'," which means "to incline" or "to bend." It has to do with the sentimental notion of ending things. It is generally accepted that people only make frequent adjustments when they are driven by fear or greed. Since gaining a customer is a one-time occurrence, professionals that deal with special issues are more likely to draw long-term clients than transient ones. Long-term customers make purchases based on factors other than price and value, in contrast to regular customers.
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The answer for the above question is Upselling..
When you upsell, you generally promote more precious products, more profitable services, packets, or package deals. For illustration, if a client is about to check out with a bottom- league phone, you can offer an upgrade for amid-range or ultraexpensive phone, service profit chain which helps to increase your average order value Upselling is the practice of encouraging guests to buy a similar advanced- end product than the one in question, whilecross-selling invites guests to buy affiliated or reciprocal particulars. Though frequently used interchangeably, both offer distinct benefits and can be effective in tandem.
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What is the purpose of a force majeure clause in a contract? Provide an example of a situation in which such a clause would come into effect
Contracts include a provision known as "force majeure" to exempt parties from liability in the event of unforeseeable and unavoidable catastrophes that derail the planned course of events and prevent them from performing their obligations.
Most of the time, these clauses cover both natural disasters and human-caused catastrophes.There are three criteria in some jurisdictions for determining whether a force majeure defense applies: The occurrence must be external, uncontrollable, and irresistible. Given the increased awareness of pandemics, asteroids, supervolcanoes, cyber threats, and nuclear warfare, questions about what is and is not foreseeable in a legal sense have been raised.The principle of "pacta sunt servanda," which states that contracts must be kept and not wriggled out of, is at odds with force majeure.
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How long will it take to learn VLOOKUP?
VLOOKUP includes few steps namely, starting with formulae- telling Vlookup where to search- telling Vlookup how many columns between values- ending function with 0 as its easier to do so.
What is VLOOKUP and its limitations?The classic VLOOKUP function springs to mind when it comes to searching for and obtaining matching data in Excel.
Excel VLOOKUP has a lot of annoying limitations. Cannot gaze to its left is the most important.
Only the leftmost column in the table array can be searched by the VLOOKUP function, and results can only come from the right. It is lost after adding or removing columns.
Any time a new column is added to or removed from the table array, a VLOOKUP formula ceases to function since the return column is provided as an index number.
A lookup value can only be 255 characters long. Use lookup and return ranges, just like with VLOOKUP, to make sure the formula copies accurately to the cells below.
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Why are new products very important to the long term success of a company?
Adding value for the consumer should always come first with each new development.
Why is it so important for a company to introduce new products?The addition of new products strengthens our advantage over rivals. In order for businesses to please and retain customers, they must constantly fight to provide good products. The creation of new products appears to be essential for firms to maintain a competitive advantage over their rivals and to better serve customer wants.
Any new development must prioritize providing the client with fresh value above all else. Without this, they wouldn't be motivated to trade their money for the new technology. On the other hand, if a product or service offers a lot of value, customers will flock to it.
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