An economic model or a pattern that helps in describing about the concentric circles of similar economic/agricultural activities around a central market/business district is known as von Thunen rings. Therefore, the option A holds true.
An economic model can be referred to or considered as a model, which is based on the graphical or pictorial representation of economic studies and theories throughout their entirety. The model with concentric circles for representing the business districts is known as the model of von Thunen rings.
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Complete question
The economic model pattern that describes concentric circles of similar economic/agricultural activities around a central market/business district is known as:
- von Thunen rings
- Peripheral model
- Sector model
- Multiple nuclei model
an equal opportunity complaint is made against one of your subordinate supervisors. what statement best decribes the action you should take
The statement that best describes the action you take in an equal opportunity complaint is to express the event as soon as possible via all accessible channels.
What is an equal opportunity?
Equal opportunity is a condition of justice in which everyone are treated equally, free from barriers, biases, or preferences created artificially, unless some discrepancies can be clearly explained. The idea behind this is that important positions in an organization should go to those who are most qualified for them, or those who are most likely to perform capably in a given task, rather than being awarded to people for arbitrary or irrelevant reasons like birth circumstances, upbringing, having well-connected relatives or friends, religion, sex, ethnicity, race, caste, or involuntary personal characteristics like age, gender identity, or sexual orientation.
Chances for growth should be available to everyone, they argue, regardless of their income, rank, or affiliation with a privileged group. The goal is to eliminate arbitrariness from the hiring process and base it on some sort of "pre-agreed basis of fairness, with the evaluation procedure being relevant to the type of position" while putting a focus on formal and legal methods. Success or failure should be determined by an individual's efforts, not by unrelated factors like having well-connected parents. It opposes nepotism and affects whether a social system is seen to be legal. Although it may be applied to many other areas as well, the idea is relevant to sectors of public life where benefits are acquired and received, such as work and education. The foundation of the meritocracy idea is equal opportunity.
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an equal opportunity complaint is made against one of your subordinate supervisors. what statement best decribes the action you should take
the privilege of moving funds from one fund to another within the same family without paying a commission is known as the
The privilege of moving funds from one fund to another within the same family without paying a commission is known as the exchange privilege.
Also referred as conversion privilege
What is exchange privilege?
Exchange privilege is the right granted to shareholders of mutual funds to switch their investment from one fund to another within the same fund family.Investors who use the exchange privilege within a fund family can adjust their investment strategy in accordance with the state of the market and typically benefit from the numerous funds provided by the mutual fund firm.There might be some exchange costs or capital gains taxes, though the former is often quite little.This advantage enables investors to switch funds without paying additional sales fees as their investing objectives alter. Likewise known as conversion privilege.
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A cpa who is associated with the financial statements of an issuer, but has not audited or reviewed such statements, should group of answer choices insist that they be audited or reviewed before publication. Read them to determine whether there are obvious material misstatements. State these facts in the accompanying notes to the financial statements. Issue a compilation report
The CPA would Read them to see if there are any blatant material omissions. ( Option b )
- A CPA, or Certified Public Accountant, is a dependable financial counselor who assists people, companies, and other organizations in making financial plans and achieving their objectives.
- CPAs are regarded as subject-matter authorities by the government due to high standards. As a result, CPAs are considered to be more competent in performing accounting tasks and are permitted to carry out tasks that other accountants cannot, such as preparing audited financial statements.
- An income statement, balance sheet, and/or statement of cash flows that is provided along with an audit report by a certified public accountant is known as a certified financial statement. The auditor certifies the financial statement's accuracy in the audit report.
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identify which way the labor supply curve would shift under the following scenarios. a. a country experiences a huge influx of immigrants who are skilled in the textile industry. multiple choice 1 right no shift. movement along the labor supply curve. left b. wages increase in an industry that requires similar job skills.
The labor supply curve would shift towards the left curve. ( Option b )
- The labor supply curve shows how many hours employees would be willing to work for various pay rates. Employees will typically be more willing to put in longer hours when their pay is higher. The labor supply curve moves to the right as the labor supply grows.
- It demonstrates the connection between labor supply and wage rates. Examples of labor supply curves include the market labor supply curve and the individual labor supply curve.
- According to widely accepted economic theories, the labor supply is the total number of hours (adjusted for effort intensity) that employees would like to work at a specific real wage rate.
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the is the department manager's tool for daily and weekly operations. a.conventional goal b.strategic goal c.tactical plan d.operational plan e.strategic plan
For daily and weekly operations, the operational plan is the department manager's tool.
Operational planning falls under which level of an organisation?Middle managers are in charge of setting operational objectives and plans. operational degree The execution stage of the organisational planning process involves defining operational objectives and plans.
How does an operating plan work?A strategic plan explains the organization's goals and objectives, while an operational plan outlines the tasks and deadlines that will be used to move those goals and objectives forward. It gives an organization's daily operations a framework. Typically, a one-year time frame is included in an operational plan.
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what disaster recovery planning tool can be used to protect an organization against the failure of a critical software firm and provide appropriate support for their products?
Systems and components with redundancy guard against the failure of a single piece of hardware.
An organization's official disaster recovery plan (DRP) outlines in great detail how to handle unanticipated catastrophes including natural disasters, power outages, cyberattacks, and other disruptive occurrences. The plan includes measures for reducing the effects of a disaster, assisting a company in promptly resuming crucial operations or carrying on as usual.
Disruptions may result in lost sales, harm to a company's reputation, and disgruntled clients. The possible negative business impact increases with recovery time. Regardless of the cause of the disruption, a solid DRP facilitates quick recovery.
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Which of the following statements are true about this natural monopoly? Check all that apply. In order for a monopoly to exist in this case, the government must have intervened and created it. It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. The cable company is experiencing economies of scale. The cable company must own a scarce resource.
Economies of scale are being experienced by the cable firm. One producer rather than several manufacturers in this market is more cost-effective from a production standpoint. The answer is C and D.
What is natural monopoly?A natural monopoly is a situation in which there is only one firm in the market due to entry restrictions, and that firm has the power to limit output and raise prices in order to maximize profits. Economy of scale and ownership of a valuable natural resource are the entry hurdles that lead to a natural monopoly.
Because the average total cost is excessively high for low outputs and smaller businesses are unable to compete on price, it acts as a barrier to entrance. Because beginning fixed costs are high, economies of scale occur as the average cost falls as output rises.
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It's the beginning of an operational period. The Operations Section Chief is meeting with all tactical resources to present the plan for the next operational period to all tactical resources.
Section -evel briefing
The Operations Section Chief facilitates the Section -level briefing, which follows a predetermined agenda. The following items are typical of a briefing:
The Chief of the Planning Section reviews the agenda and facilitates the briefing.The Incident Commander or Planning Section Chief presents or confirms incident objectives.The Planning Section (Situation Unit Leader) provides current situation information.The current Operations Section Chief provides an update on the section's status and accomplishments.The incoming Operations Section Chief is in charge of Division and Group work assignments and staffing for the upcoming operational period.The Logistics Section Chief provides transportation, communication, and supply updates.The Public Information Officer answers questions about public information.Any interagency information is briefed by the Liaison Officer.To learn more about Section -level briefing,please refer:
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pilot manufacturing prepared a report and noted budgeted fixed overhead costs of $3.25 per unit at 1,375 units. in october, the managerial accountant incurred actual fixed overhead costs of $4,600 and the actual production was 1,500 units. what is pilot manufacturing’s fixed overhead budget variance for october?
An overhead value variance is the distinction between the amount of overhead utilized at some stage in the manufacturing system and the real quantity of overhead charges incurred in the course of the period.
What is overhead fee formula?To calculate the overhead rate, divide the indirect prices through the direct expenses and multiply by means of 100 If your overhead fee is 20%, it capability the business spends 20% of its revenue on producing a excellent or imparting services. A decrease overhead fee suggests effectivity and extra profits.
What are the sorts of overhead variance?Factory overhead variances can be separated into a controllable variance and a volume variance. The variable manufacturing unit overhead controllable variance is the distinction between the true variable overhead costs and the budgeted variable overhead for genuine production.
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https://brainly.com/question/17167100#SPJ4which of the following would be considered in a cost-benefit analysis to decide if a person should cycle to work or ride the subway? (i) the air pollution that the cyclist has to breathe. (ii) the cost of subway tickets. (iii) the time it takes to cycle to work versus the time it takes to ride the subway to work. (iv) the cost per gallon of gasoline. (i), (ii), (iii) and (iv) (i), (ii) and (iii) (i), (iii) and (iv) (i), (ii), and (iv)
To determine if a someone should cycle to business or take the subway, a cost-benefit analysis would take the price of subway tickets into account.
What do mean by cost?Throughout business, research, retail, or accounting, a cost is the value of money that was used to create something or deliver a service and is now not usable. While calculating a purchase price, all sum of the acquisition's costs is taken into account.
What is cost Action?An diverse research network called a COST Action brings scientists and entrepreneurs together to study a particular subject for four years. Academic researchers frequently participate in COST Actions,
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Scenario Firms Type of Product Market Model in a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors' Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, If ever The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug Scenario Firms In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. Many Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Few One In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug. tajor metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel Its coffee tastes better than its competitors'. - Identical Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Unique Differentiated In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug Scenario х Firms Type of Product Market Model In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors' Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Perfect Competition In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage In a price war with the existing companies and would be unlikely to cover its costs for years, if ever. Oligopoly Monopolistic Competition Monopoly The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug
Different types of market model in various scenarios are given below
NO. of firms Type of product Market
Model
In first scenario there are Many Differentiated Monopolistic
many coffee shops but
one chain has gained a
large market share due to
product differential.
In second scenario there Many Identical Perfect
are dozens of pasta producer
that sell past to hundred
Italian restaurants.
In third scenario in a large Few Identical Oligopoly
city two taxi companies own
all the licenses that the city
will grant.
In fourth scenario the govt. One Unique Monopoly
has granted a patent to a
dug company for experimental
AIDS drug.
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Glven the following information, the standard deviation is $ ______ (Round up to the largest whole number) Outcome Probability of the Outcome $500 .3 $1,000 .6 $1,300 .1
The standard deviation is $500.3 (Round up to the largest whole number)
A wellknown deviation (or σ) is a measure of how dispersed the data is in relation to the mean.
Low wellknown deviation potential facts are clustered round the mean, and excessive fashionable deviation shows information are greater unfold out.
Why is it referred to as trendy deviation?The name "standard deviation" for SD got here from Karl Pearson. I would bet no extra than that he desired to propose it as a general measure. If anything, I guess that references to standardization either are independent or themselves allude to SD.
Why is wellknown deviation used?Using the popular deviation, statisticians may additionally decide if the facts has a normal curve or different mathematical relationship. If the records behaves in a everyday curve, then 68% of the data factors will fall inside one preferred deviation of the average, or mean, facts point
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https://brainly.com/question/475676#SPJ4Describe the history of legislation regarding the protection of intellectual property.
Based on a historical perspective, the history of legislation regarding the protection of intellectual property started around the 17th and 18th centuries, particularly with the Statute of Monopolies in 1624.
What is Intellectual PropertyIntellectual Property is a term that is used to describe the group of property that comprises intangible creations of the human intellect which come in various kinds.
The history of legislation regarding the protection of intellectual property can be traced to the Statute of Monopolies in 1624 and the British Statute of Anne in 1710.
Historically, in the United States, the term Intellectual property was first used term in October 1845 Massachusetts Circuit Court in the patent case of Davoll et al. v. Brown, whereby Justice Charles L. Woodbury wrote that "only in this way can we protect intellectual property, the labors of the mind, productions and interests are as much a man's own ... as the wheat he cultivates or the flocks he rears."
Hence, in this case, it is concluded that the legislation regarding the protection of intellectual property started around the 17th century.
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which personal fitness trackers are widely available in the us they are scarcely available in international market given the increasing awareness of a healthy lifestyle a product such as fitbit in international market
A product such as Fitbit in international markets is likely to have a greater value that is option A is correct.
With the increase in awareness among people regarding healthy lifestyle and increasing health consciousness, people are starting to use the various technologies available in the market to help them measure their health. The increase in the number of Fitness trackers enable the consumer to track their heart rate, number of steps, calories intake, etc. Fitbit is widely available in the US market but its international market availability is quite low but when it will be introduced in the international market more and more people will be eager to buy the product as they are in search of such technology in order to keep them fit.
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Complete Question:
While personal fitness trackers (such as Fitbit) are widely available in the U.S., they are scarcely available in international markets. Given the increasing awareness of a healthy lifestyle, such products satisfy an unmet need. A product such as Fitbit in international markets
A. is likely to have greater value.
B. will have to be priced relatively low.
C. will see a decrease in sales volume.
D. is not suited to that particular market.
E. will fail to make a profit.
suppose that as a project manager, you provide detailed plans and frequent project updates to both the team and stakeholders. what project management value does this represent? 1 point
The successful communication This adds value to the project management. The effective communication is the process of exchanging concepts, viewpoints, information, and facts to guarantee that the message is received and comprehended with the precision.
Both the sender and the recipient are content when we communicate effectively. In a productive communication, everyone involved feels content and successful. Conflict is less likely to arise when the project communications are clear since there is less chance of misinterpretation or message modification. Listening is a critical component of communication. The effective project listening requires more than just understanding what is being said or written.
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review waste management’s consolidated balance sheet as of december 31, 1996. identify accounts whose balances were likely based on significant management estimation techniques. describe the reasons why estimates were required for each of the accounts identified.
They made use of assessments for equipment and vehicles, landfill costs, expenses, and money in excess of billings - capitalization of losses.
Estimate the allowance for doubtful accounts so they affect the amount of employee receivables that is due. Estimate the allowance for uncollectible employee receivable. Management must determine usable life and salvage values due to accumulated depreciation.
The projected value of the subsidiary's assets and liabilities forms the basis for goodwill.
Assets attributable to ceased operations residual value and useful life predictions.
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To measure system performance, companies use ____ testing, which uses a set of standard tests on one system to compare its performance and capacity to that of other systems.
benchmark
To measure system performance, companies use benchmark testing, which uses a set of standard tests on one system to compare its performance and capacity to that of other systems.
Benchmark testing provides a standard against which goods and services can be evaluated. It measures a repeatable set of quantifiable findings. Benchmark testing findings are used to compare current and upcoming software releases to their corresponding benchmarks.
A benchmark needs to be attainable again. For instance, system performance must be benchmarked if response times fluctuate too significantly between each iteration of the load test. Despite varying load circumstances, response time must remain constant.
A benchmark needs to be measurable. For instance, while the user experience cannot be measured numerically, the amount of time a user spends on a website as a result of strong UI can.
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what is perhaps the most significant environmental factor affecting the international market for industrial goods and services?
Perhaps the most important environmental element influencing the global market for industrial goods and services is the degree of industrialization.
Which factors impact international marketing?Cost, price elasticity of demand, competition, nature of the product or business, currency rate fluctuations, distribution system, location of the manufacturing facility, location and environment of the foreign market, and foreign market laws are a few of the aspects to consider.
What does the term "industrialization" mean?The process of industrialization is when a country or region switches its economic emphasis from industry to agriculture. A crucial element of this change is the use of automated mass production techniques.
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what are four main types of financial ratios used in ratio analysis? multiple select question. liquidity ratios
The four main types of financial ratios used in ratio analysis includes:
Profitability ratios.Liquidity ratios.Solvency ratios.Valuation ratios.What Is Ratio Analysis in accounting?A ratio analysis refers to a quantitative method of gaining an insight into a company's liquidity, operational efficiency and profitability, in most case by studying its financial statements such as the balance sheet and income statement.
Its works by comparing the line-item data from a company's financial statements to reveal insights regarding profitability, liquidity, operational efficiency, and solvency. In conclusion, a ratio analysis is the cornerstone of fundamental equity analysis.
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Answer:
profitability ratios
debt ratios
liquidity ratios
activity ratios
Explanation:
an investment that cost $30,000 provided annual cash inflows of $9,000 per year for five years. the desired rate of return is 10%. the internal rate of return from the investment is: (pv of $1 and pva of $1)
$4.117.2
Year Cash flow PVF at 10% PV of Cashflow ($30,000)
0 $30,000 1.00 ($30,000)
1-5 $9,000. 3.7908. $34.117.2
NPV $4.117.2
So Internal rate of return is greater than desired return
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if the administrator wishes to conduct an examination of an investment adviser's books and records, how much advance notice must be given? a) 30 days b) 60 days c) none d) 15 days
if the administrator wishes to conduct an examination of an investment adviser's books and records, there is no need for advance notice.
Form ADV offers details about a financial adviser and its operations. Form ADV also includes information regarding some disciplinary incidents surrounding the adviser as well as its employees.
Typically, documentation retention policies oblige organizations to keep records for one, three, as well as seven years. In some situations, you will be required to maintain the records indefinitely. Unless you're unclear about what to save and where to shred, consult with your accountant, lawyer, as well as state record-keeping organization.
All advisers, not only those who accept custody, should keep the records established by the Administrator.
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which financial tool will you use if you need to understand how much return the company has generated relative to its assets?
If you want to know how much return the firm has produced in relation to its assets, you may use the financial instrument known as return on assets.
A measure of a company's profitability in relation to its total assets is called return on assets. Management, analysts, and investors can use ROA to assess how well a firm uses its resources to make a profit. By dividing a company's net income by all of its assets, you may get its ROA.
As it demonstrates to investors how the firm actually behaves in terms of converting assets into net capital, ROA is a crucial indication for a corporation. Therefore, it can be concluded that the better the measure, the better it is for the management of the company.
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hassan is a student who received a coupon to buy pizza from pizza house at $4 off the regular price. students at hassan's school seem to receive the coupons frequently. which of the following is an assumption that the owners of pizza house are making about students at hassan's school? they are price-sensitive. their demand for pizza is highly inelastic. their marginal benefit from pizza is very high. they have a high reservation price for pizza.
Student Hassan was given a voucher from Pizza House for a $4 pizza at regular pricing. Coupons are frequently given out to Hassan's students. The pizza shop owners assume that the children at Hassan's school are price sensitive.
The level to which a product's price influences customers' purchase decisions is known as price sensitivity. In general, it has to do with how demand shifts in response to changes in product costs.
If shoppers can quickly evaluate the numerous choices on the market, they will be more price sensitive. Consumers become extremely price-sensitive when they can find a comparable replacement for a given good or service at a lower cost.
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you can choose more than one answer below. you sell shoes and footwear-related accessories on your online store. which of the following would be a macro conversion? group of answer choices a customer downloads your newsletter a customer buys shoes a customer buys socks a customer looks at product reviews on your site for a particular pair of shoes a customer signs-up to get text alerts
The sell shoes and footwear-related accessories on your online store. which of the following would be a macro conversion
a completed sales transaction by customer
When an End User delivers to DIAGNOS a properly completed License Agreement in the form attached here as Schedule C, it is referred to as a Completed Sale if it results in the sale of a license for the Product to that End User in the Authorized Area of the Territory.
The proverb "Nothing occurs until you sell it" is among the most often used in business. There's no denying that a company has to create sales that result in enough income to cover its costs and retain a profit.
There are three types of sales when it comes to cash collection:
Cash sales: When a company makes a sale and provides a customer with a product or service, cash is paid.
Credit sales: The consumer is allowed some time before the company must be paid; cash isn't collected until after the transaction has been made.
Advance payment sales: The client makes money to the business before the transaction is complete, or before the firm provides the customer with the product or service.
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maryland broker joseph tells his client that a property is zoned as residential, even though he knows it's zoned as commercial. this violation is an example of .
This violation is an example of making a substantial and willful misrepresentation.
No matter the size of the transaction, misrepresentation is a basis for contract breach because it only applies to statements of fact, not opinions or predictions.
Misrepresentations are false statements of truth that have an impact on another party's decision regarding a contract and can, in some cases, cause the other party to seek damages.
There are three different kinds of misrepresentations: innocent, negligent, and fraudulent, each of which has a different set of penalties.
A falsehood or willful fabrication that has an impact on a home's or property's market value is referred to as misrepresentation in real estate. The misrepresentation of a property's square footage is a typical example of this.
A buyer can frequently file a lawsuit for misrepresentation even after a purchase has been completed because sales prices are frequently dependent on square footage.
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a company is planning a campaign and their goals for the campaign are for it to be inexpensive and provide them with direct interaction their audience. which type of media should be used to accomplish their goals?
Social media would be the best option for an inexpensive and direct interaction with an audience. Additionally, these platforms are all very cost-effective, making them a great choice for a campaign with a limited budget.
The Benefits of Social Media for CampaignsSocial media also allows companies to have direct conversations with their audience, which is something that is difficult to achieve with other forms of media. Companies can create content that is tailored to their audience and start conversations with them in order to build relationships and trust. Additionally, social media analytics tools allow companies to track the performance of their campaigns, giving them the ability to adjust their strategy accordingly.Learn more about Social media at: https://brainly.com/question/23976852
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laws passed in the late 1990s restricted the activities of financial firms to narrowly defined services they could provide, prompting the financial crisis of 2007 and 2008. group of answer choices true false
True - laws passed in the late 1990s restricted the activities of financial firms to narrowly defined services they could provide, prompting the financial crisis of 2007 and 2008.
Finance is the take a look at and subject of money, forex and capital assets. it's far associated with, however no longer synonymous with economics, the look at of manufacturing, distribution, and intake of money, property, items and services (the area of monetary economics bridges the 2). Finance sports take region in economic systems at various scopes, thus the sector can be kind of divided into private, corporate, and public finance.
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Use the following terms to complete the sentences that follow; terms may be used once, more than once, or not at all.
static
flexible
spending
production manager
variable overhead rate
variable overhead efficiency
fixed overhead spending
purchasing manager
favorable
unfavorable
debit
credit
fixed overhead budget
fixed overhead volume
A_______ budget is based on a fixed estimate of sales volume.
A ________ variance represents the difference between actual and expected levels of activity
The _______ is typically responsible for the direct materials quantity variance
The variable overhead rate variance is _______ when the actual variable overhead rate is less than the standard variable overhead rate.
Unfavorable variance appear as _________ entries; favorable variances appear as ______entries
The ________ variance is the difference between between the number of actual direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate.
Using less direct materials than expected results in a ____ variance.
The _________ is typically responsible for the direct labor efficency variance.
The _________ variance is sometimes also called the denominator variance
When recording journal entries, the actual cost is a ______ and the standard cost is a ________
The practise of delivering financial resources and information to managers for decision-making is known as management accounting, also known as managerial accounting. Only the organization's internal team uses management accounting.
Following are the answers for the fill in the blanks:-
1. A static budget is based on a fixed estimate of sales volume
2. A volume variance represents the difference between actual and expected levels of activity.
3. The production manager is typically responsible for the direct materials quantity variance
4. The variable overhead rate variance is favorable when the actual variable overhead rate is less than the standard variable overhead rate.
5. Unfavorable variance appears as debit entries; favorable variances appear as credit entries.
6. The variable overhead efficiency variance is the difference between the number of actual direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate.
7. Using less direct materials than expected results in favorable variance.
8. The production manager is typically responsible for the direct labor efficiency variance.
9. The fixed overhead volume variance is sometimes also called the denominator variance.
10. When recording journal entries, the actual cost is a debit and the standard cost is a credit.
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in the case ralph wall suggested that churn might depend on customer age. perhaps a different logistic regression would be appropriate for different customer age groups? try splitting the sample in 0-6 months, 7-13 months and 14 and running separate models.
Using customer turnover data, logistic regression may be used to build a model that predicts whether a certain customer or group of customers will stop using a service.
What does the word logistics mean?The process of organizing and carrying out the effective storage and movement of commodities from of the point of origin to the place of consumption is known as logistics. The objective of logistic is to fulfill client demands in a timely and economical manner.
Is studying logistics challenging?The majority of failure points occur during logistical tasks, which makes logistics itself a highly difficult sector within the SCM domain, according to Sharma. For instance, on some days, you could be required to come up with a
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During which step of developing the promotion mix do marketers consider the hierarchy of effects and the need to ""push"" the consumer through various stages from awareness to loyalty?.
The most utilized promotional elements in the increase stage are advertising and marketing and non-public selling.
Advertising is a tremendous tool to differentiate the product's attributes from these of the competing products. Advertising helps to stress brand differences.
Which promotional combine method directs advertising efforts towards remaining consumers?Pull strategy
Pull strategy is when the producer directs its advertising and marketing things to do toward the closing customers to induce them to buy the product and create demand from channel members.
Personal promoting – The two-way go with the flow of private communication between a salesperson and a patron that is paid for through the association and seeks to affect the customer's buy decision. 4 Public members of the family – Communication focused on promotion tremendous relations between a company and its stakeholders.
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