Answer:
Revenue Principle and Cost Principle
Explanation:
Revenue principle defines a point in time when bookkeepers may record a transaction as revenue on the books. This principle states that revenue for the business is earned and recorded at the point of sale.
Cost Principle states that you should use the historical cost of an item in the books, not the resell cost.
Answer:
Matching principle because it is an accounting principle for recording revenues and expenses. It requires that a business records expenses alongside revenues earned.
Disclosure principle because increased transparency in the corporations' operations and management makes it easier for investors to make informed decisions. It also cuts down on the possibility of manipulation or misuse of investors' funds.
What are the limitations of an MkIS?
Answer:
Limitations do exist with an MIS, such as the expense to create and implement an MIS, training time for employees, lack of flexibility and capturing wrong or incomplete information.
Explanation:
Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but his senior manager did not permit him and forced him to work strictly in accordance with the plan. Which limitation of planning is highlighted in this case
Answer: Planning reduces creativity
Explanation:
Under Planning reduces creativity, all team menbers are instructed or directed to work within the frame given by the management to them, working outside the frame of what was issued would go against the directives of the organization. This type of limitation of planning limits creativity, because members won't be able to introduce ideas to advance the growth of the team.
It is standard procedure to reject a job offer during the interview so you do not waste the time of the interviewer.
Please select the best answer from the choices provided
T
F
Answer:
False.
Explanation:
In an interview for a job, there is no specific rule to be followed that an interviewee must follow. An interview is a perfect time to get to know more about the company's needs and also to advertise yourself.
But in case the job is no something that you like, then you must call the interviewer back and thank them for their time and also tell them the reason for the job rejection. Moreover, it is unethical to abruptly decline any job offer. Also, rejecting a job during the interview is not a standard procedure, for it will only make you seem more unethical and disrespectful.
Therefore, it is not true that rejecting a job on the spot during an interview is a standard procedure.
the answer would be false !! :'D
what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?
Explanation:
What are the answered choices
Identify a circumstance outside the economy that can cause unemployment.
A. The United States hosts the Olympic Games
B. A hurricane damages the Gulf Coast
O
C. A new museum opens in the city of Dallas
O
D. The northeast experiences a summer heat wave
Answer:
B. A hurricane damages the Gulf Coast
Explanation:
If a hurricane occurs, it would destroy businesses and this can cause unemployment.
If the United States hosts the Olympic Games and if a new museum opens in the city of Dallas, employment would increase
The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each year, using the first year as the base year. Fill in the blanks in the table, and then calculate the annual inflation rate for each year (not including the base year).
Instructions: Round your answers to 2 decimal places.
Answer:
Year Nominal wage Real wage Price level Inflation rate
1 $7 $5 140 Nil
2 $9 $6 150 7.14 %
3 $12 $7.5 160 6.67 %
Explanation:
Note: The table for the question is attached as picture
Price level in Year 1 = (Nominal wage in year 1/Real wage in year 1) * 100
Price level in Year 1 = ($7.00 / $5.00) * 100
Price level in Year 1 = 1.4 * 100
Price level in Year 1 = 140
Real wage in Year 2 = (Nominal wage in year 2 / Price level in year 2) * 100.
Real wage in Year 2 = ($9.00 / 150.00) * 100
Real wage in Year 2 = $6
Nominal wage in Year 3 = (Real wage in Year 3 * Price level in Year 3) / 100.
Nominal wage in Year 3 = ($7.50 * 160) / 100
Nominal wage in Year 3 = $1,200 / 100
Nominal wage in Year 3 = $12
Inflation rate in Year 2 = (Price level in Year 2 - Price level in Year 1) / Price level in Year 1.
Inflation rate in Year 2 = (150 - 140) / 140
Inflation rate in Year 2 = 10 / 140
Inflation rate in Year 2 = 0.0714
Inflation rate in Year 2 = 7.14 %
Inflation rate in Year 3 = (Price level in Year 3 - Price level in Year 2) / Price level in Year 2.
Inflation rate in Year 3 = (160 - 150) / 150
Inflation rate in Year 3 = 10 / 150
Inflation rate in Year 3 = 0.0667
Inflation rate in Year 3 = 6.67%.
Price level in year 1 , Real wages in year 2 , Inflation rate in year 2 and Nominal wages in year 3 are 180, 8, 11.11% and 18 respectively.
Inflation based problem:Missing information is given in the picture below.
Computation:
Price level in year 1 = [NW / RW]100
Price level in year 1 = [9 / 5]100
Price level in year 1 = 180
Real wages in year 2 = NW[100 / Price level in year 2]
Real wages in year 2 = 16[100 / 200]
Real wages in year 2 = 8
Inflation rate in year 2 = [tex]\frac{Price\ level \ in \ year 2 - Price\ level \ in \ year 1}{Price\ level \ in \ year 1} \times 100[/tex]
Inflation rate in year 2 = [tex]\frac{200-180}{180} \times100[/tex]
Inflation rate in year 2 = 11.11%
Nominal wages in year 3 = [tex]\frac{Real \ wages \times price \ level \ in \ year 3}{100}[/tex]
Nominal wages in year 3 = [tex]\frac{7.50 \times240}{100}[/tex]
Nominal wages in year 3 = 18
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Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:
Answer:
178 and 186
Regulation= 1,645
Tradable permits= 745
Elimination of pollution will be LESS costly
Explanation:
Calculation to Determine the total cost of eliminating six units of pollution using both methods
Computation for Method 1
REGULATION
Firm X = 95+120 = 215
Firm Y= 450+800 = 1,250
Firm Z= 80+100 = 180
Computation for Method 2
TRADABLE PERMITS
The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :
178 and 186
Firm Initial permit Action Final Amount Cost of reduction
X 2 Sell 1 permit 3 95+120+200 = 415
Y 2 Buy 2 permit 0 0
Z 2 Sell 1 permit 3 80+100+150 = 330
REGULATION vs TRADABLE PERMITS
Regulation= 215+1250+180
Regulation= 1,645
Tradable permits = 415+330
Tradable permits= 745
Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.
Emissions trading is a market-based strategy to pollution control that creates financial incentives for polluters to reduce their emissions.
178 and 186
Regulation= 1,645
Tradable permits= 745
Elimination of pollution will be LESS costly
Calculation to Determine the total cost of eliminating six units of pollution using both methods:-
Computation for Method 1REGULATION:-
Firm X = 95+120 = 215
Firm Y= 450+800 = 1,250
Firm Z= 80+100 = 180
Computation for Method 2TRADABLE PERMITS:-
The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :
178 and 186
Firm Initial permit Action Final Amount Cost of reduction
X 2 Sell 1 permit 3 95+120+200 = 415
Y 2 Buy 2 permit 0 0
Z 2 Sell 1 permit 3 80+100+150 = 330
REGULATION vs TRADABLE PERMITS
Regulation= 215+1250+180
Regulation= 1,645
Tradable permits = 415+330
Tradable permits= 745
Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.
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People might choose to use a debit card rather than cash for purchases because
they do not want to carry around large amounts of cash.
Otheir banking institutions charge high fees for cash withdrawals.
O most items cost less when purchased with a debit card.
O debit cards have a higher value than cash and can buy more.
Answer:
they do not want to carry around large amounts of cash.
Explanation:
Debit cards are comparable in appearance to credit cards. The difference is that debits cards draw funds directly from the customer's account. It means that if the customer does not have sufficient funds in their account, a debit card transaction will not go through. Paying with a debit card is 'almost like' paying cash, only that the funds are held in a bank account.
People choose to carry and pay with debit cards to avoid moving around with a lot of cash. Debit cards reduce the risk of carrying a lot of cash.
Answer:
A
Explanation:
Edge
There are at least three ways to submit a cover letter to an employer. Which methods are
most effective in your industry? Why do you think this?
Answer:
Introduction, Sales Pitch and Conclusion.
Explanation:
Individual A sells a rental building, its office equipment, furniture and fixtures, and its land to Individual B. Individual A realizes a gain on the sale of the building, equipment, furniture and fixtures, and land. Individual A rented the building to commercial tenants. What is the character of the gain realized?
Answer:
Recognized gain
Explanation:
The character of the gain is Recognized gain. A recognized gain is a gain/profit that is gotten from the sale of one's asset when the asset is sold above the price that was initially paid for the assets. Therefore individual A after selling the Rental buildings, office equipment, Furniture and Land to Individual B, still rents the Building to commercial tenants in other to realize the remaining gain, from the sale of the assets.
hey this is for thebeauty4evr19 so don't take it or im reporting u
Answer:
ty
Explanation:
Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)
According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
I don't love you anymore
A pretty line that I adore
Five words that I've heard before
'Cause you keep me on a rope
And tied a noose around my throat
You're gone, then back at my door
'Cause if you're gonna leave
Better leave, better do it fast
Can't live a little longer
Sitting on your lap
'Cause you know what you're doing
When you're coming back
And I don't want to have
Another heart attack
Oh, I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
Say you love somebody new
And beat my heart, to black and blue
Then they leave, and it's me
You come back to
To say you loved me all along
And kissed the bruises 'til they're gone
Bittersweet, 'cause I can't breathe
Inside your arms
'Cause if you're gonna leave
Better leave, better do it fast
Can't live another minute
Bleeding from my back
'Cause I don't have another one
For you to stab
And I don't want to have
Another heart attack
Oh I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
But even though you're killing me
I, I need you like the air I breathe
I need, I need you more than me
I need you more than anything
Please, please
'Cause I could be
Your lover on a leash
Every other week
When you please
Oh, I could be
Anything you need
As long as you don't leave
The cut that always
Answer:
thats deep
Explanation:
Answer:
Explanation:Nym7ung
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I Need Help ASAP!!!
1)Purchasing an insurance policy is an example of what approach to risk mitigation?
•Tolerate
•Transfer
•Terminate
•Treat
2)Working through your lunch break is a good way to get more done.
•True
•False
3)The Rhode Island System employed workers as young as age
•seven.
•nine.
•twelve.
•fourteen.
4) A lack of resources may lead a company to take which approach to risk mitigation?
•Tolerate
•Transfer
•Terminate
•Treat
5) What type of manufacturing employee is usually in charge of creating work schedules?
•Operator
•Operations manager
•Assembly line worker
•Quality manager
6)The Equal Opportunity Employment laws ensure that all workers
•get regular breaks.
•receive a raise once a year.
•are treated fairly.
•have union rights.
7) A punctual employee has a sense of
•integrity.
•self-discipline.
•pride.
•personal responsibility.
8) Emotions can impede active listening.
•True
•False
9) Data collected as a result of a process is referred to as
•information processing.
•material processing.
•feedback.
•output.
10) The term laissez-faire
comes from the French word meaning
•let do.
•make do.
•make happy.
•be happy.
Answer:
8.treat people fairly
Please help me don’t write if you don’t know how to solve it
Answer:
see below
Explanation:
1. Business Revenue
Revenue is the income generated from normal business operations. In this case, normal business operations are selling T-shirts.
The shop sold 25 t-shirts at 70 Dhs each.
Revenue is quantity sold multiplied by sales price
i.e., Revenue = quantity sold x selling price per unit
=70 x 25 Dhs
=1,750 Dhs
2. Business total cost
Costs are the expenses incurred in producing goods intended for sale.
The cost of producing one t-shirt is 15 Dhs.
The cost of producing 70 t-shirts will be.
Total cost = total quantity produced x unit cost
= 70 x 15 Dhs
=1,050 Dhs
3. Business profit
Profit is the income earned from business operation after deducting the cost from the revenues.
I.e., profits = revenue - cost
For this shop
profits = 1,750 Dhs - 1,050 Dhs
Profits = 700 Dhs
ECON Good morning can someone answer this ASAP
Answer:
D
Explanation:
Answer:
According to the Law of Demand: When the price of a product increases, the demand for the same product will fall.
So, the answer is 'A. the product's price increses
Frank is already taking advantage of his employer benefit package but wants to find
options to save for retirement that offer tax incentives. Which of the following should
Frank explore?
A. Contribution matching
B. Lower interest
C. Opt in or opt out
D. Roth IRA
3 . Relationship between tax revenues, deadweight loss, and demandelasticity
The government is considering levying a tax of $60 per unit on suppliers of either concert tickets or bus passes. The supply curve for each of these two goods is identical, as you can see on each of the following graphs. The demand for concert tickets is shown by DC (on the first graph), and the demand for bus passes is shown by DB (on the second graph).
Suppose the government taxes concert tickets. The following graph shows the annual supply and demand for this good. It also shows the supply curve ( S+Tax ) shifted up by the amount of the proposed tax ($60 per ticket).
On the following graph, use the green rectangle (triangle symbols) to shade the area that represents tax revenue for concert tickets. Then use the black triangle (plus symbols) to shade the area that represents the deadweight loss associated with the tax.
What degree is needed to be an accountant?
I really, really, really need the answer
Answer:
bachelor's degree
Explanation:
Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.
After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.
After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.
What is investing?
Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.
Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.
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when receiving inventory, you should do which of the following?
Answer:
what are the answers
Explanation:
What so AIA,SAG,AMA stand for
Answer:
AIA stands for American Institute Of Architects
SAG stands for Screen Actors Guild
AMA stands for American Medical Association
Explanation:
what are some type of jobs for 14 or 15 years old
Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rate it used to? (diminishing returns, stages of production)
Answer:
diminishing returns
Explanation:
Diminishing returns are based on the economic concepts founded on the law of diminishing marginal returns. This law provides that after some optimal production level is achieved, the continuous addition of input will lead to a decreased output rate.
Diminishing returns is when productivity increases at a decreasing rate as more input are used while holding other factors constant. Once productivity arising from an input hits its peak, additional employment of that resource will result in a decreased or negative productivity. For example, if input labor is added to a factory, new workers will improve productivity until the factory reaches its maximum capacity. Hiring more workers after the factor hits its peak will result in a decline in labor productivity.
Hannah works in a factory that makes hearing aids. She is part of a team that designs how the electrical components are put together and encased. What kind of education or experience most likely prepared Hannah to qualify for this position?
A. an apprenticeship with another hearing aid maker
B. a bachelor's degree in electrical engineering
C. an internship at a hearing screening clinic
D. a doctorate in medicine
Answer
A Bachelor's Degree in electrical engineering.
Explanation:
She needs the knowledge of how to setup a hearing aid and they have electrical parts. So she is going to need that Bachelors Degree.
What is the most difficult part of being a leader?
Answer:
Guiding everyone else to success
Explanation:
The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.
What are the difficulties of being a leader?A good leader is only good as long as he can unite people and motivate them to work together for one purpose.
The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.
One of the toughest aspects of leadership is delegating authority as people are very complicated.
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Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.6, and a typical gasoline retailer enjoys sales of $1,450,000 annually. What is the price elasticity of demand for a representative gasoline retailer's product?
Answer:
-1.5
Explanation:
Given the following :
Rothschild index = 0.6
Elasticity of demand for total market = - 0.9
Annual sale = $1,450,000
Elasticity of demand for a representative retailer's product :
Using the Rothschild demand Elasticity relation:
Rothschild index = (Elasticity of demand for total market / Elasticity of demand for a representative retailer's product
0.6 = - 0.9 / Elasticity of demand for a representative retailer's product
Elasticity of demand for a representative retailer's product = - 0.9 / 0.6
= - 1.5
give the two factors that contribute to successful baking explain how it helps in achieving high quality product in baking
Answer:
In order to obtain a high quality product in baking, two crucial factors need to be taken into account:
*Choosing high quality ingredients, and understanding their properties, so that the mix and the cooking goes well.
*Understanding the baking method, with aspects such as temperature, oven time, and the need of one or several baking sessions being important.
What type of relationship do a lawyer and a client have?
A) an administrative relationship
B) a labor relationship
C) an agency relationship
D) a tort relationship
Answer:
An Agency relationship but it's D on Edge
Explanation:
The type of relationship a lawyer and a client have is an agency relationship. Thus option (C) is correct.
What is an agency?An agency is a business, firm, or organization that provides a specific service. Sometimes but not always the agencies also work on behalf of another group, business, or person.
Some agencies work for the private sector like an advertising agencies, employment agencies, and travel agencies. Some are government agencies for example they are part of the public sector.
The advertising agencies, add agencies, or creative agencies are firms that focus on creating, planning, and handling advertising. In fact, some employment agencies belong to the government; therefore, they may also be in the public sector.
The type of relationship a lawyer and a client have is an agency relationship. Therefore, option (C) is correct.
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