Credit unions should be used rather than a bank because credit unions return its profits to their members in the form of cheaper fees, higher savings rates, and lower interest rates on loans.
According to the Credit Union National Association, 130 million Americans are members of credit unions, which are not-for-profit organizations that are owned by their members.
Banks are required to turn a profit for their shareholders, while credit unions are not required to do the same for their members. Instead, they want to charge as little as possible, have the highest possible savings rates, and the lowest possible lending interest rates.
Credit unions are required to keep their membership to a certain "field of membership." This can refer to a place of employment, a school or house of worship, a region, or membership in an association.
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What is another word excise tax?
An excise tax is called as a "hidden tax," as it is indirectly paid by consumers.
What does excise tax mean?An excise tax, also known as an excise duty, is a type of tax that is levied on goods produced within the nation, as opposed to customs duties, which are levied on goods imported into the nation. A tax on the production or sale of a good is what it is. The Central Value Added Tax is the new name for this tax.
What kind of tax is an excise tax like?An excise tax is typically a tax imposed on the sale of particular goods or services or on particular uses. The sale of fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco, and other goods and services are typically subject to the federal excise tax.
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caroline bought 20 shares of stock at 10 1/2 and after 10 months the value of the stock was 11/1/4 if caroline were to sell all her shares of this stock how much profit would she make
The profit would she make is, $15.
What's the profit response?
The amount made by selling a product is referred to as the profit, and it must exceed the item's cost price. Or, to put it another way, a profit is a gain from any commercial activity.
Caroline bought 20 shares of stock at [tex]10\frac{1}{2}[/tex] and after 10 months the value of the stock was [tex]11\frac{1}{4}[/tex] if Caroline were to sell all her shares of this stock.
Profit = [tex]11\frac{1}{4} - 10\frac{1}{2}[/tex]
= 11.25 - 10.5 = 0.75
Number of share = 20
total profit = 20 * 0.75 = $15
Therefore, the profit would she make is, $15
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: Buyer power will be greater when O None of the listed factors have the effect of increasing the beginning of buyers. O the products purchased are highly differentiated. O they are high switching costs.O there are few buyers and each purchases large volumes relative to seller sales.O the industry product is very important to the quality of the buyer's end products or services.
Buyer power will be greater when the industry product is very important to the quality of the buyer's end products or services.
Buyers have the power to impact price and the volume of products vended. important buyers can bargain on volume or switching costs or they can find substitute products. Price perceptivity also impacts the buyer/ dealer relationship.
Buyer power is impacted by logrolling influence, the measure of influence buyers have relative to the target assiduity players, and price perceptivity, the measure of buyer perceptivity to changes in price.
Buyer's Logrolling power refers to the pressure consumers can ply on businesses to get them to give advanced quality products and better client service at lower prices. So, strong buyers can press merchandisers to lower prices, ameliorate product quality, and offer further and better services.
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The AIDA model is tailor-made for the ______ approach. A. targeted. B. informal. C. formal. D. direct. E. indirect.
The AIDA model is tailor-made for the indirect approach. The steps involved in this model are Attention, Interest, Desire, and Action. It is one of the most well-known and respected approaches to marketing and customer behavior.
The AIDA model identifies the stages that individuals progress through when purchasing a product or service based on attention, interest, desire, and action. An AIDA pitch is indirect because the main point of the message directs the reader to take action (e.g., buy your product or service), so it appears at the end of the message rather than at its beginning.
The hierarchy of effects models, often known as a hierarchical model, is a class of models that includes the AIDA model, all of which suggest that customers go through a process of stages or steps while making decisions on what to buy. These theories, which are linear and sequential, are based on the idea that consumers go through a sequence of cognitive and affective stages before acting-for example, by making a purchase or trying something out.
One of the hierarchical models that have been in use for the longest is the fundamental AIDA model. The advertiser can gain a thorough grasp of how target audiences evolve over time and learn which kinds of advertising messages are likely to be more effective at various points in time, by using a hierarchical system, such as AIDA.
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What are inelastic and elastic goods?
A product is said to be elastic if consumer demand for it fluctuates more than proportionally with price fluctuations. A product is said to be inelastic, in contrast, if price changes have little impact on shifts in quantity demanded.
when a price changes,
EAG Discussion Papers are the primary vehicle via which the research of the economists in the Economic Analysis Group (EAG) of the Antitrust Division is communicated. These papers seek to inform interested parties and institutions about EAG's research program while also provoking debate and criticism on economic issues related to antitrust law and policy.
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management by objectives is a mechanism of control with ________ organizational control systems.
Management by objectives is a behavior organizational control system control technique.
Is MBO used for management?Management by objectives (MBO) is a management principle, a planning and management method, and a program for involving staff members.
A tactical strategy for improving an organization's performance is management by objectives (MBO). It is a process whereby the management of the organization makes its objectives clear and communicates them to its employees with the intention of accomplishing each goal.
Through the application of control approaches, managers are provided with the type and quantity of information they need to evaluate and monitor performance. The data from various controls must be modified for a specific management level, department, unit, or activity.
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What are the 4 levels of control?
The four control mechanisms are interactive, diagnostic, boundary, and belief. Interactive and diagnostic control systems have been the subject of the majority of studies on management control systems [4, 8–11].
What degrees of control are there?There are two levels of control: operational and strategic.
How many different layers of control exist?Five tiers of activities to lessen or eliminate dangers make up the hierarchy of controls.
Which four factors constitute controlling?the quality or condition that needs to be managed.
Activator, comparator, and sensor.
What principal forms of control are there?Executives have access to three different sorts of control systems: output control, behavioral control, and clan control. Different organizations place more emphasis on particular types of control than others, but most organizations utilize a combination of all three.
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Why is it important to learn from past experiences?
Understanding who we are and why we arrived there, as well as knowing how to avoid errors in the future and guide society in a better direction, are all made possible by learning from the past.
What can we take away from our past mistakes?By looking into the past, you can see recurring themes and overarching elements of circumstances that we may use to generate lessons and suggestions for the future. This is a fantastic approach when studying historical occurrences, other people's lives, or case analysis from businesses or circumstances.
What is the process of learning?There are six interactive components of the learning process: attention, memory, language, processing and organizing, graphomotor (writing) and higher order thinking. These processes interact not only with each other, but also with emotions, classroom climate, behavior, social skills, teachers and family.
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Which of the following is a monetary policy tool used by the Federal Reserve Bank?
1) Decreasing the rate at which banks can borrow money from the Federal Reserve.
2) Buying $500 million worth of government securities, such as Treasury bills.
3) Increasing the reserve requirement from 10% to 12.5%
The correct response is D. All of the above. Lowering the Federal Reserve's interest rate at which banks can borrow money. the reserve requirement was raised from 10% to 12.5%. purchasing government securities worth $500 million, such as Treasury notes.
An interest rate is the amount of interest that must be paid each period as a percentage of a loan, deposit, or borrowing (called the principal sum). The amount lent or borrowed, as well as the interest rate, frequency of compounding, and the period of time during which it is lent, deposited, or borrowed, all affect how much interest will be charged overall. The rate calculated over a year is the annual interest rate. Other interest rates, such as monthly or daily rates, also apply but are typically annualized. As described by specialists, the interest rate is "a measurement of one's preference for current income over future income, expressed as a dollar amount. The borrower is willing to pay a fee—the rate of interest the ability to receive money sooner rather than later if they need it or want it.
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Which of the following is a monetary policy tool used by the Federal Reserve Bank?
A. Decreasing the rate at which banks can borrow money from the Federal Reserve.
B. Increasing the reserve requirement from 10% to 12.5%.
C. Buying $500 million worth of government securities, such as Treasury bills.
D. All of the above.
What is purchasing power parity in simple terms?
Purchasing power parity is a pricing comparison that displays how much one unit of a good or service costs in several national currencies.
What does it mean to have a high purchasing power parity?A trader might think about going short on the currency in issue if the purchasing power parity rate shows that it is overvalued in relation to another currency. They might think about adopting a long view of the market if the PPP rate reveals that the currency is undervalued in relation to the USD.
What does the phrase "Purchasing Power Parity" mean?The rate at which a given amount of goods and services could be purchased in two different countries using the currencies of the same countries at the same exchange rates.
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How do I report interest on Series EE?
In the year that you earn the interest, report it. When the bond matures or you redeem it, whichever occurs first, you must disclose the total amount of interest earned.
What does maturing mean to a person?Someone's personality and emotions evolve to a greater extent as they mature. They are far more mature than they should be. When you refer to someone as mature, you mean that you believe their character and emotion to be completely formed and in harmony.
How does a man become mature?When a guy is accepting of change, unpredictable circumstances, and the fact that life isn't really permanent, this is one indication of his maturity. He might hold contrasting beliefs and viewpoints, but he won't initiate a discussion. He would then listen to.
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Who handles general ledger?
The general ledger is handled by the accounting team or professionals.
The general ledger is an important part of any business. It's the central record of all financial transactions, from payroll and revenue to expenses and liabilities.
The general ledger is managed and maintained by an accounting professional, such as a bookkeeper, accountant, or financial analyst. They ensure all transactions are properly recorded and reported in accordance with established accounting standards.
With the help of the general ledger, businesses can easily identify and analyze financial trends, track the performance of their operations, and make informed decisions about the future.
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________ is considered while choosing a cost allocation base for activity costs in ABC costing.
A) Market share of a product
B) Product Price Level
C) Marketing strategy and material price level
D) Availability of reliable data and measures
Option (d), When deciding on a cost allocation base for activity costs in ABC costing, the availability of trustworthy data and metrics is taken into account.
How is the cost split in an ABC system?By connecting overhead expenses to specific activities, the activity-based costing (ABC) methodology provides more exact overhead cost allocation. They can then be allocated to the cost objects that make use of the activities once the costs have been assigned to them. The technique can be used specifically to lower overhead costs.
When utilizing activity-based costing, how are costs distributed?The cost pool total divided by the cost driver, which results in the cost driver rate, is the formula for activity-based costing. In activity-based costing, the cost driver rate is used to determine how much overhead and indirect costs are associated with a specific activity.
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What are the five major employee rights in the Workplace?
The five major employee rights in the workplace are as follows:
Workplace Security.Health insurance.Unemployment Compensation.Protection for whistleblowers.Discrimination on the basis of employment.What exactly are employee rights?Labor rights, often known as workers' rights, are legal and human rights that pertain to labor interactions between employees and employers. These rights are enshrined in domestic and international labor and employment legislation. In general, these rights have an impact on working conditions in employment relationships. The right to freedom of association, sometimes known as the right to organize, is one of the most significant. Trade unionized workers use their collective bargaining rights to improve working conditions.
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What was the purpose of the income tax ?
The purpose of the income tax was to raise revenue for the government to fund public services, infrastructure, and social programs.
The income tax was created to provide a reliable source of revenue for the federal government. By collecting taxes from individuals and businesses, the government is able to fund its operations and provide vital services and benefits to citizens.
The income tax has helped to fund major initiatives such as Social Security, Medicare, public education, infrastructure improvements, and the military.
By introducing progressive tax rates, the federal government is able to ensure that those with higher incomes pay more in taxes and those with lower incomes pay less.
The income tax has also been used to incentivize certain activities, such as charitable donations, home ownership, and investment in retirement accounts.
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issues addressed in the farm and ranch contract do not include which of the following? a) crops b) equipment c) surface leases d) mineral rights
issues addressed in the farm and ranch contract do not include surface leases.
This is a much more detailed purchase agreement that is really focused on working farms and ranches by specifying things like barriers, fence plates, slides, tanks, wind turbines, storage sheds, farm equipment, crop disposal, ongoing leases, and price adjustments for area differences found in the survey.
This contract is generally used for rural properties with metes and bounds property description from a survey and contains provisions to deal with items that are relevant to farms and ranches that are not specifically addressed in other types of contracts.
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What are the 5 characteristics of command economy?
Grounded on a command economy of input from experts, academics, peers, and public opinion, the Foundation defines inclusive husbandry by five interrelated characteristics participation, equity, growth, sustainability, and stability.
Because command frugality is centrally planned, its pros include effectiveness, theoretical equivalency between citizens( lack of inequality), focus on the common good as opposed to gains, speed, and low or missing severance. Command frugality is a system where the government has total control over the frugality it reigns over.
This frugality includes governmental control of stipend and pricing, limited property rights, government power of crucial businesses and diligence, and robust black requests.
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What are the two main uses for data visualization?
Two main uses for data visualization are for exploring purpose and for explaining purpose.
Data visualization is putting data or information into a visual context, such as a map or graph, to make it easier for the human brain to absorb and extract insights from. The primary purpose of data visualization is to make identifying patterns, trends, and outliers in huge data sets easier.
There are two main uses of data visualization:
- For exploring purpose
When data is presented in a visual context, it is easier to find pattern, trends, and insight about the data. Such as what is the trends of sales over months, which months gave high return, etc.
- For explaining purpose
Besides to find the insights form the data, visual presentation can also help to analyze the information.
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What is TTL in networking?
Time - to - live (TTL) describes the number of "hops" or how long a packet is allowed to remain from the inside of a network before even being dropped by a router.
Why is a network so crucial?Simply put, networking entails establishing relationships with other business people. Always consider the benefits to both sides when networking. A better reputation, higher exposure, a better network of support, better business expansion, and more meaningful connections are a few benefits of connecting.
What makes a network so important?In a nutshell, networking is the process of forming connections with other businesspeople. When networking, always take into account what is best for both parties. A few advantages of connecting are a better reputation, greater exposure, a better support network, better company expansion, and more significant connections.ur a router would display when an IP packet's TTL was about to expire.
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Why do accountants use VLOOKUP?
VLOOKUP and HLOOKUP are the two features of Excel that accountants find most useful. With the aid of these features, you can search a data table and obtain all the necessary information for a particular set of data based on a small subset of it.
Describe VLOOKUP
Use VLOOKUP when you need to search by row in a table or a range. For instance, you could use the employee ID to look up a person's name or the part number to check the price of a car part.
In its most basic form, the VLOOKUP function can be expressed as follows: =VLOOKUP(What to Look Up, Where to Look It Up, and The Number of the Column in the Range Holding the Value
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an increase in sales and/or profits means there is also an increase in cash on the balance sheet. true or false
an increase in sales and/or profits means there is also an increase in cash on the balance sheet is false.
In financial accounting, a balance sheet is a statement of the financial standing of a person or organisation, whether they be sole proprietorships, commercial partnerships, corporations, private limited companies, or other organisations like the government or not-for-profit entities. As of a particular date, such as the conclusion of its fiscal year, assets, liabilities, and ownership equity are mentioned. A balance sheet is sometimes referred to as a "snapshot of a company's financial status." The balance sheet is the only one of the four fundamental financial statements that only applies at one particular moment in a company's year. A basic corporate balance sheet comprises two sides: assets on the left and finance on the right, which is divided into two divisions by liabilities and ownership equity.
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another german castle, neuschwanstein, inspired a logo for which famous company?
Neuschwanstein Castle inspired the logo for the Walt Disney Company.
What is Neuschwanstein Castle?Neuschwanstein Castle is a 19th-century Romanesque Revival palace on a rugged hill above the village of Hohenschwangau near Füssen in southwest Bavaria, Germany. The palace was commissioned by Ludwig II of Bavaria as a retreat and as an homage to Richard Wagner. It is one of the most popular tourist destinations in Germany and is often referred to as the "fairytale castle" because of its resemblance to a castle from a storybook. Neuschwanstein embodies both the contemporaneous architectural fashion of the Romantic Age and Ludwig's own artistic and cultural vision. It was opened to the public shortly after his death in 1886. Today, it is one of the most visited castles in Europe, with up to 1.3 million people visiting annually.
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A specific unit or dollar limit applied to a particular type of good is called a(n):
A. trade license.
B. quota.
C. asterisk bill.
D. predatory price.
E. exchange rate.
A quota is a defined cash or unit cap imposed on a certain class of goods. A quota in business can be a sales goal that a company expects a salesperson or sales team to hit for a given time frame.
What is a specific unit or dollar limit applied to a particular type of good called?A quota is a defined cash or unit cap imposed on a certain class of goods. Absolute quotas place a cap on how much of a certain commodity can be imported into American commerce at a given time. In 1988, trade evolved into a tool for considering America's position in the global economy. The stagflation of the 1980s provided the Omnibus Act of 1988 with its initial impetus.
According to Kent Hughes' Project on America and the Global Economy 3, the 1970s saw a rise in global rivalry. This trend continued throughout the 1980s. A poverty threshold is a set monetary number that is thought to represent the absolute least amount of resources required to provide for a family unit's essential needs1.
Therefore the correct answer is option B ) quota .
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Is a sole proprietor a pass-through?
Partnerships, limited liability companies, sole proprietorships, and S-corporations are examples of pass-through entities. Since at least the 1970s, pass-through entities have increased in proportion to business activity.
What being a sole proprietor entails?
A person who runs an unincorporated business alone is known as a sole proprietor. If you choose to treat a domestic limited liability company (LLC) as a corporation, however, and you are the only member, you are not considered to be a sole proprietor.
Use the data in the chart below to determine some of the forms you might need to file if you're a sole proprietor.
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brand __________ refers to the linking of a brand to other favorable images, such as a celebrity.
Answer:
"food"99000000
A firm's value added refers to the dollar value of ____
A. the intermediate products a firm buys from other producers. B. a firm's sales revenue minus the firm's purchases of intermediate products from other firms C. a firm's sales revenue minus the firm's profits. D. a frm's total sales revenue.
A firm's value added refers to the dollar value of a firm's sales revenue minus the firm's purchases of intermediate products from other firms.
A product with value-added features is one that is marketable but has been given extra benefits that raise its value over the cost of its component raw ingredients. It could be improved to be more practical, appealing, tasty, or simple to use than its original components. Firms are able to sell their products or services for more than it costs to manufacture them because they provide value.
This enables economists to calculate the value a firm brings to a nation's GDP. The difference between an industry's total revenue and its total cost of inputs, which covers the labour, supplies, and commodities it paid for from other businesses during a reporting period, is the industry's value-added.
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All of the following statements about targeted amortization class (TACs) CMOs are correct except A) they have high extension risk. B) they have transferred prepayment risk to companion tranches. C) in exchange for higher price risk, they generally offer a slightly higher interest rate. D) they are the most volatile of the tranches.
Except for the fact that they represent the most volatility of the tranches, all of the accompanying assertions concerning tailored accumulation tranche (TACs) CMOs are true.
What does loan amortization mean?Amortization schedules demonstrate how a loan's principal balance decreases over time as interest costs and regular principal payments increase. Less interest is owed when the amount is paid, and a larger portion of each contribution is applied to the principal balance due.
A comparison between amortization and depreciationAmortization is a technique used to reduce an asset's cost over time, whereas depreciation is the process of an item losing value over time. By better comprehending the financial ramifications of the transaction, work, effort, and cost may be saved.
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True or false: Taxpayers pay most of their tax liability prior to the due date of their tax returns.
The correct answer is True Taxpayers pay most of their tax liability prior to the due date of their tax returns.
Anyone who conducts any type of business or profession with annual gross earnings or sales exceeding or anticipated to exceed Rs. 5 lakh. When do you submit your taxes? is one of the terms in this set (56) must be mailed no later than midnight on April 15 of the year after the tax year. How to determine your tax obligation from your taxable income. The difference between your taxable income and tax deductions is your gross tax obligation. Your total income tax burden is your gross tax liability less any allowable tax credits. Every person is required to pay income tax. The definition of "person" under section 2(3) of the Income Tax Act includes both natural and artificial people.
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The right reply is Genuine Citizens pay most of their charge risk earlier to the due date of their assess returns.
Who are real taxpayers?
Anyone who conducts any sort of trade or calling with yearly net profit or deals surpassing or expected to surpass Rs. 5 lakh. When do you yield your charges? is one of the terms in this set (56) must be sent no afterward than midnight on April 15 of the year after the assess year.
How to decide your assess commitment from your assessable pay. The distinction between your assessable wage and assess derivations is your net charge commitment. Your add up to salary charge burden is your net assess obligation less any admissible charge credits. Each individual is required to pay wage charge. The definition of "individual" beneath segment 2(3) of the Wage Assess Act incorporates both characteristic and counterfeit individuals.
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How do you track the schedule for the project explain in detail?
To Track Project Progress first create deliverables and milestones, set realistic, clear and measurable goals, use a project tracking software to keep track of time, costs and tasks, meet regularly with team and stakeholders, have clear deadlines and lastly support transparency.
What does transparency entail?Transparency involves accountability, openness, and communication. Companies, organizations, government agencies, and communities all practice transparency. For instance, a transparent agent will explain fees up front in a commercial relationship so there are no unforeseen costs afterwards.
Is openness a good thing?Transparency is more than just sound policy. It helps to maintain employee satisfaction. They gain your loyalty as a result of your trust in them with the information. Organizational transparency enables increased engagement, builds confidence among stakeholders, and provides information for decision-making.
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The total cost of an item including sales tax is directly proportional to its price. If the total cost of a item is , what is the total cost on a item?.
The cost of a product, including sales tax, is directly inversely proportional to its price. If an item has a cost, what is the total cost of the thing? Total cost is $61.8.
What's an illustration of proportion?If the ratio is constant, a relationship is said to be proportionate. For instance, the ratio of proportionality is the average number of apples per tree, and the quantity of branches in an orchard affects the yield of a crop.
Since we are aware that an item's price is precisely proportionate to its total cost (including sales tax), we may express this as follows:
Total cost ∝ price
To change this proportionality into an equality, we need a constant so it will be:
Total cost = k * price
Finding k when total cost is $25.75 and price is $25:
25.75 = k * 25
k = 1.03
Finding the total cost when price $60:
Total cost = 1.03 * 60
Total cost = $61.8
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