on aug. 30, a newly-formed company pays $600 for a 6-month insurance policy with coverage beginning on sept. 1. which of the following statements is correct? a. the company has acquired a prepaid insurance asset. b. the company's total assets have decreased. c. the company has insurance expense for the month ended august 31. d. the company's total assets have increased.

A disaster recovery plan (DRP) outlines a plan for restarting services after a calamity.

An organization's ability to promptly restart operations following an unanticipated occurrence is described in a disaster recovery plan (DRP), which is a written, structured method. Including a DRP in a business continuity strategy is crucial (BCP).

BCM is a component, and DRP and Crisis Management enhance it. BCM is a risk mitigation element of ERM because it is one of the elements essential to preserving the sustainability of an organisation dealing with interruption.

A disaster recovery plan (DRP) lays out a strategy for resuming services following a catastrophe. In most cases, it is applied to establishments like restaurants and retail stores that have set operating hours. A BCP provides a comprehensive outline of the steps necessary to resume service following a disruption.

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True is the correct answer, if one of the effects of gas prices rising from about $2 to about $4 per gallon was airlines ordering new, fuel-efficient aircraft.

Fuel efficiency is a type of thermal efficiency and refers to the effort-to-result ratio of a process that transforms the chemical potential energy present in a carrier (fuel) into kinetic energy or work. Depending on the device, which in turn depends on the application, overall fuel efficiency may vary. This spectrum of variation is frequently depicted as a continuous energy profile.

Increased fuel efficiency is advantageous for non-transportation applications like industry, especially for fossil fuel power plants or combustion-related industries like those that make ammonia during the Haber process.

Fuel economy, when used in relation to transportation, refers to a vehicle's energy efficiency as measured by the ratio of the distance travelled to the amount of fuel consumed.

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Changes in the political or economic system in the US can have an effect on businesses.

How does the political or economic system affect businesses?

Political changes can affect businesses in a variety of ways. For example, changes in government policies or regulations can affect the costs of doing business, such as taxes, labor laws, and environmental regulations. Changes in trade policies, such as tariffs or trade agreements, can also affect businesses that import or export goods. Additionally, changes in government leadership can also bring about changes in the overall direction and priorities of the government, which can also impact businesses.

Economic changes can also have a significant impact on businesses. For example, changes in interest rates can affect the cost of borrowing for businesses and consumers, which can in turn affect spending and investment. Changes in consumer spending patterns can also affect businesses, as they can change the demand for their products or services. Additionally, changes in the overall economic conditions, such as a recession or a period of growth, can also have a big impact on businesses.

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The step of the marketing process is understanding of customers need and wants. In fact, customers’ needs and wants often don’t know what they need.

They are focused on what they want for emotional and/or social reasons, and companies that give them what they want are better equipped to build profitable and sustainable relationships with their customers. Yes, customers know what they want and why they want it, at least now, so knowing gives them a sense of power and control, and that sense of “Inflame” companies can get more support from their customers. This means that there is a desire between customer needs and wants. They are what drive the customer to buy, and the job of the company is to ask what the customer wants, listen carefully, and deliver it to the customer faster than the competition. Desire fuels passion and the desire to “own” a particular product. The business of companies is to satisfy these desires as often and as quickly as possible. Research shows that customers are happier and appreciate companies that give them what they want. This has proven to be a significant competitive advantage for the company.

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The scattergraph plots above show an expanding graph that indicates a mixed cost relationship between direct worker hours and manufacturing overhead.

The association between two numerical variables measured for the same individuals is displayed in a scatterplot. One variable's values are displayed on the horizontal axis, and the other variable's values are displayed on the vertical axis. On the graph, each individual in the data is represented by a point.

In order to anticipate and budget for future expenses, the scattergraph (or scatter graph) method is a visual tool used in accounting for separating the fixed and variable components of a semi-variable expense (also known as a mixed cost).

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When the absolute price of x increases while keeping the cost of y constant, the relative cost also increases.

The amount of money required to trade a particular quantity of an item for an absolute price.

Let the absolute price of x be 2 and that of y be 4 ,now let the price of y remains unchanged and that of x rises to 4, relative price means the price of one good with respect to the other, so in the first case relative price x/y =2/4 = 0.5

Now as it rises to 4,

new relative price =4/4 =1

1>0.5

So, when absolute price of x rises keeping that of y constant, then the relative price also rises.

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It is moral universalism type of ethical system in which president believes in.

The recognition of a single underlying truth is another essential component of universalism. Limitations or interpretations of that one truth based on national, cultural, or religious considerations are viewed as being less expansive than the actual truth. truth is one; sages have referred to it by many names. People from diverse backgrounds may be accepted by a group that identifies as universalist and emphasises the universal qualities present in the majority of religions. The pursuit of true global or universalist frameworks, such as human rights or international law, are both examples of contemporary universalism. The goal of the West to unify all people across geographic and other barriers under Western norms. number of firms believes in this ethical system as best suited system for efficient working.

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When considering the implications of its decision to provide an electric version of its cars, it must use moral imagination according to the decision making. The correct option is A.

The decision making is the process in which is used in the business while making the new decision into the product or services. The decision making process will be performed according to the steps of decision making.

The decision making have the steps identifying the goal, detail about the goal, resource to manufacturing, distribution to the consumer. The decision making use the implications of its decision to provide an electric version of its cars, it must use moral imagination.

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If a car salesperson earns a 12.5% commission on every car sold. The salesperson sold a car for $17,500. Then $2,799.8 is the commission earned from the sale

A commission is a fee a broker or investment advisor charges for handling a client's purchases and sales of securities or for offering financial advice.

Given,

A car salesperson earns a 12.5% commission on every car sold.

The salesperson sold a car for $22,399.

We need to find the commission earned from the sale.

12.5% is to be converted to decimal by dividing by 100.

= 12.5%=12.5/100=0.125

Now multiply 0.125 by 22,399 to find what is 12.5% of 22,399

= 0.125×22,399

= 2,799.8

Therefore, $2,799.8 is the commission earned by the salesperson.

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The reservoir would not be full at the end of December 1973, as the total withdrawal rate is only 0.35 m3/s, while the average flowrate is 0.84 m3/s.

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For business managers, active listening is the most important communication ability. It is the capability to completely focused on, comprehend, and remember information via spoken conversation.

This talent enables managers to comprehend their workers', customers', and other stakeholders' wants and concerns, which is critical for successful decision making and problem solving.Active listening is essential for developing and keeping relationships since it demonstrates that the manager values the ideas and opinions of others.

It also makes managers to have a broader understanding of their team members and clients, so that they can take better decisions,on solving issues  and future problems more efficiently, and to establish better relationships with their teammates at and clients.

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Harrison uses an approach to problem solving called heuristic problem solving. Heuristic problem solving is a type of problem solving that relies on a person's experience and intuition to correctly guess and develop a solution.

In Harrison's case, he relies on his friends' experiences to determine which brand of toaster is best for him. He doesn't consider any other factors like energy consumption or warranties because he relies on their experience to decide which toaster to buy. In this case, Harrison is trying to find a toaster that can handle bagels, so he uses the knowledge available to him (his friends) to make a decision. Heuristic problem solving is often a quick and efficient way to solve a problem because it relies on the person's current knowledge and experience.

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In the perspective of global marketing, competition from foreign rivals in the United States is a relatively new concern for American enterprises.

What exactly is meant by the phrase "competition"?

Competition is a contest in which two or more parties compete for a single, unshareable goal; in this case, one party's success equals the failure of the other. Biology, humans, and economic and social systems are all examples of entities that can compete.

Two male birds of the same species, for example, can compete for mates in the same region. This type of competitiveness is a crucial component of natural selection. It fosters a species' potential to create superior adaptations over time. Members of different species compete with one another across interspecific boundaries.

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The cost of direct material procurement was $254,800, the cost of direct labor was $166,400, and the cost of overhead was $304,800.

The sum paid for anything, or its equivalent is called the price. The average price of a college degree has significantly increased. the money invested or spent to accomplish a goal.

Cost refers to a price or a sacrifice that must be made in return for something. Using the word cost as a verb is to demand payment or even to cause a loss of something. As a noun phrase, cost has numerous more meanings.

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Almost all economists concur that the economy is negatively impacted by a substantial federal budget deficit.

An expenditure plan for your firm based on your profits and expenses is called a business budget. It determines your available cash, calculates your expenses, and aids in income forecasting. A budget can aid in the planning of your business operations and serve as a benchmark for the establishment of financial objectives.

One of the crucial tools for directing your organization is a comprehensive and practical budget. A budget offers crucial knowledge for living within your means, dealing with unforeseen difficulties, and making a profit.

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A central bank's employment about an expansionary policy involves really an effort to stimulate the economy by increasing demand through fiscal and fiscal stimulus.

Accommodative monetary policy increase the amount of cash available, which in turn boosts spending and accelerates economic growth. Because businesses have access to more money, they boost production, which raises demand for all production-related inputs, including human capital.

A central bank's use of its resources to boost the economy is known as expansionary monetary policy. This boosts the money supply, brings down interest rates, and boosts demand. Economic growth is boosted.

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A budgeting method known as a zero-based budget entails allocating every dollar of monthly income. After taking into consideration all of your costs, income, and purchasing.

The lot of cash, properties, and many other changes of value obtained over a predetermined length of time in return for services or goods are often referred to as "income." Income is defined in relation to the context to which the word is employed; there isn't single, universal definition.

Profit is the sum that remains after all costs have been deducted from the revenue, to put it simply. Simply said, income is the real amount of money that a business makes.

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The lowest amount Lynn pays is (p - 18) * 0.79.

We can represent the amount that Lynn pays as a function of the original purchase amount, p. The coupon will reduce the purchase amount by $18.00, and the employee discount will reduce the purchase amount by 21%.

To apply the coupon first, we can use the function:

p - 18

And then apply the employee discount to the remaining amount, using the function:

(p - 18) * 0.79

This function applies the coupon and discount so that Lynn pays the lowest amount.

It's also worth noting that the order in which you apply the coupon and discount doesn't matter, as long as the final price is the same.

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The margin of safety is 18.34% as expressed as a percentage.

The margin of safety = (Budgeted sales - Break even sale)/Budgeted sales *100

MOS = (109,000 - 89,000)/109,000 * 100

MOS = 18.34%

In typography, a margin is an area between the main content of a page and the web page edges. The margin enables to outline wherein a line of text starts and ends. while a page is justified the textual content is spread out to be flush with the left and right margins. when pages of content are combined next to every other (called a -page spread), the distance between the 2 pages is referred to as the gutter.

Margins are an essential method of organizing written phrases and feature-long records. In ancient Egypt, writing changed into recorded on papyrus scrolls. Egyptian papyrus scrolls could attain as much as 30 meters in period and contained textual content organized in columns laid out from left to proper along the scroll. Columns were referred to as pagina (or pages) and were separated by margins, so that scrolls may be unrolled horizontally, uncovering person sections one at a time. for that reason, in papyrus scrolls margins performed the characteristic of visually signaling to readers while forestalling analyzing, and moving down to the following line of textual content.

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The margin of safety, stated as a percentage, is 18.34%.

A margin in typography is the space between a page's primary text and its edges. The margin makes it possible to mark the beginning and end of each line of text. When text is justified, the left and right borders of the page are flush with the text. The gutter is the space between two pages when content pages are arranged next to one another (this is known as a page spread).

The use of margins is crucial for structuring extensive records and written words. Writing was replaced by recording on papyrus scrolls in ancient Egypt.

The margin of safety is determined by multiplying the budgeted sales by the break-even sale.

MOS = (109,000 - 89,000)/109,000 * 100

MOS = 18.34%

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Your refund should indeed be issued at around 6 to 8 weeks from the moment the IRS receives your print tax return if it is filed accurately and completely.

A refunding services is a scam operation in which a skilled refunder promises to get refunds for customers in return for a charge. Refunders often use social media and other digital channels to market their brands, and they use messaging applications to communicate with their customers.

Typically, it takes three to seven days max for a reimbursement to be completely processed, although this might change depending on the circumstance. The credit issuer has a big impact on how fast the transaction unfolds.

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The 4 measurements a manager can take to improve working environment in an office are:

Proper working time with a break

Giving reward on time to time

Some fun activities

Proper interaction with the subordinates

A manager is a person in a company or a business or a firm, who has the responsibility  of managing and coordinating the assignments and projects or any work of a company.

A manager is like a coordinator of a school who manages work o a company. They can be in charge of a department or a small unit of department and the people who work in it.

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(a) $9,600 is the value of the shareholders' equity account for this firm and (b) $500 is net working capital.

Given that,

Current assets = $3,300

Net fixed assets = $15,500

Current liabilities = $2,800

Long-term debt = $6,400

(a) Total assets = Current assets + Net fixed assets

                         = $3,300 + $15,500

                         = $18,800

Total liabilities = Current liabilities + Long-term debt

                        = $2,800 + $6,400

                        = $9,200

Value of the shareholders’ equity:

= Total assets - Total liabilities

= $18,800 - $9,200

= $9,600

(b) Net working capital:

= Current assets - Current liabilities

= $3,300 - $2,800

= $500

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A diversified portfolio that includes both low-risk, low-return investments like bonds high-risk, increasing investment like stocks is what I advise, investing in securities that generate income,  dividends or rental property.

A portfolio is a group of financial assets, such as securities, bonds, commodities, cash, as well as cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of stocks, bonds, and cash.

A portfolio is, in the most basic sense, a grouping of investment opportunities that includes stocks, bond funds, cash, and other kinds of assets. Investing in various asset classes, such as stocks, bonds, and commodities, is common, but

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As Elegant Inc. has advised them to add a panoramic view to billboard ads and to portray tourists lounging by the sea, this is an example of creative boutique.

Elegant Inc. is revolutionizing the way businesses advertise with their creative boutique approach.

By suggesting to add a panoramic view to billboard ads and to depict tourists lounging by the sea, they are pushing the boundaries of traditional advertising.

Their unique approach to advertising is sure to capture the attention of potential customers and leave a lasting impression on them.

This is the perfect way for businesses to differentiate themselves from their competition and stand out from the crowd.

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A Stable Monetary unit assumption .B Historical cost principle. C Historical cost principle. D Entity assumption.

A company must incur expenses in order to provide its customers with a good or service. These expenses cover things like employee wages, stock replacement purchases, and storefront rent.

To ensure that all expenses are covered and that the organisation chooses a price that always generate a profit, costing is required. The first and most important step is to identify ALL of an expenses, including production, sales, administration, waste, etc. After that, costs are separated into variable and fixed costs.

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A dollar generally buys 2% fewer goods and services today than it did last year at an annual inflation rate of 2%. It's crucial to realize that while prices have increased through time, so have wages.

Price increases, or inflation, can be thought of as the gradual loss of purchasing power. The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines.

A unit of currency effectively buys less as a result of the increase in pricing, which is sometimes stated as a percentage. Deflation, which happens when prices fall and buying power rises, can be compared to inflation.

Commodities like food grains, metal, and fuel are among them, as are utilities like power and transportation, as well as services like labor, entertainment, and health care.

The objective of measuring inflation is to determine the overall effect of changes in price for a variety of goods.

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Marlene does the grocery shopping for her family. When it comes to purchasing soda, Marlene buys the store brand in order to save money, even though her family would prefer to drink name brand soda because they think it tastes better. This exemplifies a problem in family decision roles: sometimes the USER is not the PURCHASER.

A purchaser, like a purchasing agent, is in charge of making purchases for their company or on behalf of other people. Buyers may purchase finished goods, supplies for manufacturing and production, equipment for offices and factories, or services.

Buyers are those who purchase finished goods like clothing or furnishings. Those who purchase the components and supplies used to manufacture items are known as purchasing agents or purchasers. Both of these worker categories do comparable tasks. Before purchasing any items, buyers and purchasers conduct supplier research.

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The correct question is:

Marlene does the grocery shopping for her family. When it comes to purchasing soda, Marlene buys the store brand in order to save money, even though her family would prefer to drink name brand soda because they think it tastes better. This exemplifies a problem in family decision roles: sometimes the ________ is not the ________.

England Inc. reported a $42,000 cash balance as of June 1st, 2020. England made cash transactions and payments of $16,000 and $48,000 in june. There would be a $10,000 negative balance in the cash balance at the end of June.

You may use the following formula to determine the final cash balance:

Ending Cash Balance = Beginning Cash Balance + Cash Sales - Cash Payments.

Adding the specified values:

$42,000 plus $16,000 less $48,000 is a $10,000 deficit.

A debit balance in accounting denotes a negative cash balance, indicating debt for the business. This indicates that the business has to raise extra dollars to pay its expenditures since it has spent more money than it has brought in via sales.

The sum of money that a business has on hand at the moment is called its cash balance. This cash is held in reserve to cover any unforeseen financial shortfalls. Without this financial safety net, companies could find themselves unable to cover their expenses.

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Option B is correct. Variability in processes can make planning and managing the process more challenging. Process variability can lead to product delays and shortages, which can lead to a damaged company reputation.

Process variability highlights the underlying variations and oscillations in a process's outcome. A number of things, including variances in building ingredients, logistics planning, human mistake, or ecological factors, might contribute to it. Process variability can cause problems including delays, faults, and higher costs while also affecting a process's effectiveness, efficiency, and quality. To maintain quality and consistency of output, businesses must track and manage process variability. To recognize and minimize process variability, strategies like Statistical Process Control (SPC) and Six Sigma can be applied.

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