Potential drawbacks of greenfield projects include the following:
Potentially expensive to enter the market (barriers to entry)Having a greenfield location has significant fixed expenditures.What is a green-field venture?
In a green-field (also "greenfield") venture, a parent company creates a subsidiary in another country and launches its operations there from scratch. These projects also have additional offices, residential quarters, and distribution centers in addition to new production facilities. The phrase "green-field investment" refers to a venture that is being started from scratch by a company, typically a multinational corporation (MNC), after plowing and preparing a green field. The initiatives are foreign direct investments, also referred to as direct investments, which give the sponsoring corporation the most degree of influence.
The riskiest type of international direct investment is a greenfield project, which carries an exceptionally high level of risk.Regulations by the government that might prevent foreign direct investments.To know more about a green-field venture:
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what are major analytical procedures for testing the overall reasonableness of inventory. for each test, explain the type of misstatement that could be identified..
Major analytical procedures for testing the overall reasonableness of inventory is to Compare gross margin percentage with that of previous years: overstatement/understatement of inventory and COGS.
Inventories refer to goods and materials that a business holds for the ultimate purpose of reselling, manufacturing, or using. Inventory management is a principle mainly concerned with specifying the form and location of goods to be stored. It is necessary at different locations within a facility or at multiple locations in the supply network to stay ahead of the schedule for regular, planned production and material stockpiling.
The concept of inventory, inventory, or work in progress has been extended from production systems to service businesses and projects, generalizing the definition as "all work in the production process". production - all work that was or is in progress prior to completion of production".
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resource requirements planning (rrp): (group of answer choices) is a long-range materials plan that translates annual business plans.
Resource requirements planning (rrp) is a long-run, macro-level planning tool.
A useful resource is a physical material that humans need and value inclusive of land, air, and water. sources are characterized as renewable or nonrenewable; a renewable useful resource can top off itself on the fee its miles used, whilst a nonrenewable useful resource has a restricted supply.
Useful resource refers to all the materials available in our surroundings that are technologically on hand, economically feasible, and culturally sustainable and assist us to satisfy our wants and needs.
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what is the total salesmix variance in terms of the contribution margin? (round intermediary calculations to two decimal places.)
Total sales mix variance in terms of the contribution margin
Budgeted sales mix
Standard = 2700/ (2700+700) = 0.79
Super = 700/ (2700+700) = 0.21
Total sales quantity Variance
= (Actual Sales-Budgeted) * budgeted sales mix * budgeted contribution margin
Standard = [(2800+1400) -(2700+700)] *0.79*500
= 316,000
Super = [(2800+1400) -(2700+700)] *0.21*1070
= 179,760
Total = 316,000+179,760
= 495,760 Favorable
The discrepancy between a company's budgeted sales mix and its actual sales mix is known as the sales mix variance. The percentage of each product sold in relation to overall sales is known as the sales mix. Because some items have better profit margins than others, the mix of sales has an impact on overall business profitability. Each of the company's product lines is included in the variance in sales mix.
The sales mix contrasts a product's sales with overall sales.
The sales mix variance determines the profitability of a product or product line by comparing forecasted sales to actual sales.
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brianna is creating her own virtual museum and sees this symbol next to a photograph she wants to use. is she permitted to use the image in her virtual museum? no, because the image does not have an owner. yes, because it is part of the public domain. no, because using it would break copyright laws. yes, as long as she follows the fair use principle.
Yes, she is permitted to use the image in her virtual museum because it is part of the public domain.
“A museum is a now not-for-earnings, permanent group within the service of society that researches, collects, conserves, interprets and famous tangible and intangible history. Open to the public, handy and inclusive, museums foster variety and sustainability.
Museums have the electricity to create cohesion on both a social and political level, but additionally on a neighborhood one. nearby museums are capable of offering an experience of community and location by means of celebrating a collective heritage, offering a fantastic way to get to know the records of a particular region.
These are the five functions: to acquire, to prepare (or classify), to display, to educate its target market, and to task a feel of the country.
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the tool of monetary policy that, in principle, affects the amount of borrowing by banks from the fed is:
The federal funds rate, which is the rate banks pay for overnight borrowing in the federal funds market, is the primary instrument the Federal Reserve uses to implement monetary policy.
Which is a money related strategy device utilized by the Fed?
In the past, the Federal Reserve has used three tools to implement monetary policy:open market operations, the discount rate, and reserve requirements.
Why does the Federal Reserve use this as its primary tool for monetary policy?
Since the premium on save adjusts rate is a managed rate, the Fed can direct the government subsidizes rate by changing the premium on hold adjusts rate.In fact, the Fed's primary method for adjusting the federal funds rate is interest on reserve balances.
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Before :110 After :143 percentage percentage
Answer:
19%
Explanation:
naya is extremely competitive and seeks out personal and professional opportunities where she can compete and be declared a winner. according to allport, naya's competitiveness is a(n) trait.
Naya is extremely competitive and seeks out personal and professional opportunities where she can compete and be declared a winner. According to Allport, Naya's competitiveness is a(n) cardinal trait.
Leading bishops who belong to the College of Cardinals are called cardinals. Their main responsibility is casting a ballot for the new Pope during the Papal Conclave. Cardinals hold the positions of bishop in significant dioceses, head of the Roman Curia (the papal administration), and frequently papal ambassador. They are known as princes of the church, wear characteristic red clothing, and are addressed as "Eminence." A pledge from Cardinal Winning gave them hope. The golden rule for a salesperson is to go above and beyond to please a customer. For the French, harmony, balance, and order are fundamental virtues. In Native American lore, cardinals stand for devotion, loving relationships, courtship, and monogamy above all else. While some tribes believed cardinals to be a sign of rain, others, like the southeastern tribe, associated them with good fortune and the sun.
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question content area depreciation by two methods a storage tank acquired at the beginning of the fiscal year at a cost of $129,600 has an estimated residual value of $7,600 and an estimated useful life of 4 years. a. determine the amount of annual depreciation by the straight-line method.
The straight-line method results in an annual depreciation of $127700.
What does depreciation mean?Due to usage, deterioration, or obsolescence, an item loses value over time. Depreciation is the measurement for this decline. Depreciation, or the decline in value of an asset, can also result from other factors, such as unfavorable market conditions, etc.
Briefing :
Depreciation expense using the straight-line depreciation method ,
(Actual cost - Salvage Value) / Number of years
=($129600 -$7600) / 4
=$127700
Therefore the amount of annual depreciation is $127700 .
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in a bailment, in some circumstances, the dollar amount of liability for any loss or damage to bailed goods can be limited by
In a bailment, in some circumstances, the dollar amount of liability for any loss or damage to bailed goods can be limited by, The responsibility of the bailee is to return the goods barring demand on the accomplishment of the cause or the expiration of the time period.
In case of his failure to do so, he shall be in charge for the loss, destruction, deterioration, damages or destruction of goods even except negligence.
What are liabilities of Bailee?Indian Contract Act, 1872
154. Liability of bailee making unauthorized use of items bailed. If the bailee makes any use of the goods bailed which is not in accordance to the prerequisites of the bailment, he is dependable to make compensation to the bailor for any injury arising to the items from or for the duration of such use of them.
It is nicely established now that Bailee will be in charge for any loss or injury to the bailor which arises due to the negligence or lack of reasonable care of the items bailed.
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https://brainly.com/question/29507641#SPJ4jennifer's company wants to increase online sales of a featured product by connecting with users who are actively researching similar products. what benefit would a search campaign provide jennifer?
You in the concentrating on the people who are most important to your company's expansion. Following a brief explanation of audience solutions, we'll offer you a selection of focused resources you can utilise to delve deeper.
Depending on what is most important, employ extensions at each level. audience, general information like your phone number and location should be stored at the account level since they are always relevant to the user and constant, regardless of the subject of your adverts. company's advertisements are frequently displayed above and below organic search results on well-known search engines like Goo=gle, Bi-ng, and Ya-hoo.
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jack missed an important team meeting. if you blame jack, you’ll need to punish him for missing the meeting. but if he missed the meeting because of circumstances beyond his control, you won’t. in which situation should you attribute the cause to circumstances beyond jack’s control?
Jack occasionally skips meetings, but only if they are elective. Normally, he would show up to meetings. The need to be present at crucial meetings is respected by the entire team.
Describe the circumstances
Situations are components or circumstances that have an impact on how something plays out. In the current job market, many qualified candidates simply aren't able to land positions.
At the start of the 13th century, the phrase "circumstances surrounding and accompanying an event" first appeared in print. "Under the circumstances, no one can afford to assume that someone else will solve their problems," the Dalai Lama said. Every person has a responsibility to help lead our global family in the right direction. These words of wisdom apply regardless of the current circumstance.
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in what ways is a cmbs structure different from a cmo backed by residential mortgages? why is default risk in a cmbs offering given more attention?
A CMBS is vulnerable to default risk since no governmental organizations, unlike in the case of a CMO backed by residential mortgages, guarantee the payments or insure the mortgages against default. The CMBS's lowest rated tranches bear the majority of the default risk. Prepayment risk is not a major problem for CMBS because prepayment penalties and "lockout" clauses are frequently included with commercial mortgages.
What is Prepayment?⇒ Prepayment is the early, partial or complete repayment of a loan by the borrower, frequently as a result of an optional refinance to benefit from cheaper interest rates.
Prepayment is viewed as a financial risk in the context of a mortgage-backed security (MBS), also referred to as "call risk," because mortgage loans are frequently paid off early in order to receive lower interest rates through more affordable refinancing. In each of these scenarios, the payments that would have been provided to the MBS investor would have been higher than current market rates. The new financing may be less expensive because the borrower's credit has improved or because market interest rates have declined.
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Which of the following statements is CORRECT?
a. If the market risk premium remains constant, but the risk-free rate declines, then the required returns on low-beta stocks will rise while those on high-beta stocks will decline. b. Suppose you are managing a stock portfolio, and you have information that leads you to believe the stock market is likely to be very strong in the immediate future. That is, you are convinced that the market is about to rise sharply. You should sell your high-beta stocks and buy low-beta stocks in order to take advantage of the expected market move. c. Paid-in-Full Inc. is in the business of collecting past-due accounts for other companies, i.e., it is a collection agency. Paid-in-Full's revenues, profits, and stock price tend to rise during recessions. This suggests that Paid-in-Full Inc.'s beta should be quite high, say 2.0, because it does so much better than most other companies when the economy is weak. d. You think that investor sentiment is about to change, and investors are about to become more risk averse. This suggests that you should re-balance your portfolio to include more high-beta stocks. e. Suppose the returns on two stocks are negatively correlated. One has a beta of 1.2 as determined in a regression analysis using data for the last 5 years, while the other has a beta of -0.6. The returns on the stock with the negative beta must have been negatively correlated with returns on most other stocks during that 5-year period.
The correct statement is suppose returns on two stocks are negatively correlated. One has beta of 1.2 as determined in regression analysis using data for the last 5 years, while other has beta of -0.6.
What is regression analysis?Regression analysis is a group of statistical procedures used to estimate the associations between a dependent variable and one or more independent variables in statistical modeling. The most popular type of regression analysis is linear regression, which seeks out the line that, by a particular mathematical standard, most closely matches the data. When using the ordinary least squares method, for instance, the precise line that minimizes the sum of squared differences between the genuine data and that line is computed. This enables the researcher to calculate the conditional expectation of the dependent variable under a certain set of independent variable values for specific mathematical reasons. Less prevalent types of regression use slightly different methods to estimate conditional expectation across a larger sample size or alternate location factors.
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objective, constraints, alternatives, and linearity are what? part 2 a. used by airlines to determine queueing probabilities b. used by strategic sourcing agents for purchasing c. the four pillars of operations management d. the four requirements of a linear programming problem
Objective, constraints, alternatives, and linearity are the four requirements of a linear programming problem (D).
Linear programming is a mathematical modeling technique which utilize a linear function t maximized or minimized subjects to various constraints. Linear programming is believed to be an usefull tool in guiding quantitative decision in business planniing and decision making.
Linear programming problems (LPP) are problems that could be analyzed by linear programming method. However there are 4 pillars that a problem must have to be able to use linear programming method, suc:
Linearity relationship between variablesClear objective functionNon-negative Constraints or restrictionAlternative courses of actionVariables are options or candidates that are competing for sharing the given limited resources. The relationship between the variables should be linear.
A well-defined objective function is important in linear programming. The objective function is needed to decide which the best scenario to choose.
Limitation or constraints of the available resources should be present in a linear programming problem. These constraints must be represented in terms of variables. These contraints are important because the aims of linear programming is to satisfy these constraints.
Alternative courses of action has to be present to allows linear programming to make the best selection between various combinations of the productive factors.
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in january , anheuser-busch issued an outstanding bond that pays a % coupon rate, matures in january , and has a yield to maturity of %. in january , santander holdings issued an outstanding bond that pays a % coupon rate, matures in january , and has a yield to maturity of %. a. does the anheuser-busch bond sell at a premium, at par, or at a discount? how do you know? what about the santander bond?
1. D. The bond issued by Anheuser-Busch is sold at a premium. When the yield to maturity (2.62 %) is lower than the coupon rate (3.1 %), bonds sell for a greater price.
What are the further Options?2. C. A premium is charged for the Santander bond. When the coupon rate (3.579%) is higher than the yield to maturity (3.349%), bonds are sold at a premium.
3. Anheuser-Busch is given a higher rating.
Bonds with high ratings offer lower returns than bonds with low ratings, reflecting the risk-return trade-off made by the lender.
What is the last options?4. A. As previously mentioned, the bonds mature at the same time, so comparing their current rates tells us nothing about the yield curve's form. Instead, the yield difference can probably be linked to a different level of risk.
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An equipment purchased at a cost $80,000 by a local company is being depreciated using macrs method as a 5-year property. At the end of four years, the management decided to sell the equipment for a modest price of $20,000. The company is in the 34% tax bracket. Compute the tax consequence on the sale of this equipment
The tax consequence on the sale of this equipment is $ 2100.
A tax is an obligatory financial fee or some different form of levy imposed on a taxpayer (a person or criminal entity) by using a governmental organization with the purpose to fund government spending and diverse public expenses (regional, local, or country-wide), and tax compliance refers to policy actions and man or woman behavior aimed toward making sure that taxpayers are paying the right quantity of tax on the right time and securing the appropriate tax allowances and tax reliefs. the first regarded taxation took place in historic Egypt around 3000–2800 BC. A failure to pay in a well-timed manner (non-compliance), alongside evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its exertions equivalent.
Most countries have a tax system in the area, that allows you to pay for public, common societal, or agreed-on national needs and for the functions of the presidency. some levy a flat percent charge of taxation on private annual profits, but most scale taxes are modern and based totally on brackets of annual profits quantities. maximum countries fee a tax on a man or woman's earnings as well as on corporate income. international locations or subunits regularly also impose wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, income taxes, use taxes, payroll taxes, obligations, and/or tariffs.
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An individual working part-time has an annual income of $25,000. If this individual has an ira, what is the maximum deductible ira contribution allowable? no deduction allowed
The maximum deductible IRA contribution allowable is $25000.
What does "contribution" to an IRA mean?You can save money for retirement through an individual retirement arrangement (IRA), which offers tax advantages. Traditional and Roth IRAs are just two of the numerous types of IRAs available. An IRA can be opened with a bank, insurance provider, or other type of financial organization.
Is the IRA deduction limited to an income limit?If your modified AGI is $109,000 or less for 2022 ($116,000 for 2023), you can take a full deduction. For 2021, incomes between $109,000 and $129,000 ($116,000 and $136,000 for 2023) are eligible for a partial deduction. For 2022 and 2023, a deduction is not allowed for incomes over $129,000 ($136,000).
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TRUE/FALSE. by selecting a longer waiting period, the purchaser of long-term care insurance can afford long-term coverage and still keep the premiums affordable.
The buyer of long-term care insurance can not afford long-term coverage and still keep the premiums low by choosing a longer waiting period. So statement is false.
What exactly does insurance mean?According to the official definition, insurance is a procedure or arrangement whereby a business or government body guarantees financial compensation for a certain loss, damage, illness, or death in exchange for the payment of a premium. In case of a potential occurrence, it offers defense. After a collision, we get automobile insurance for a much lesser cost known as a premium rather than shelling out a significant sum to repair our vehicles. Car insurance is defined as a contract that states the insurance provider will assist with the cost of repairing or replacing your car if you pay the payment.
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what is the expected return for a real estate investment fund with a beta of 1.87, given a risk free rate of 2.7 percent and an expected return of 11.2 percent for the market? multiple choice
18.6% s the expected return for a real estate investment fund with a beta of 1.87, given a risk free rate of 2.7 percent and an expected return of 11.2 percent for the market.
Real estateReal estate includes the land and any permanent improvements related to it, whether natural or man-made, such as water, trees, minerals, buildings, dwellings, fences, and bridges. Real estate is a type of property. The term "real estate" refers to the land as well as any permanent buildings, such as a house, or improvements related to the property, whether natural or man-made. Real estate is a type of property. Personal property, such as automobiles, boats, jewels, furniture, and farm equipment, is not permanently tied to the land.
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a portfolio’s expected return is 12%, its standard deviation is 20%, and the risk-free rate is 4%. which of the following would make for the greatest increase in the portfolio’s sharpe ratio? (lo 6-3) a. an increase of 1% in expected return. b. a decrease of 1% in the risk-free rate. c. a decrease of 1% in its standard deviation.
A portfolio’s expected return is 12%, its standard deviation is 20%, and the risk-free rate is 4%. which of the following would make for the greatest increase in the portfolio’s sharpe ratio?
1% increase in expected return, Sharpe Ratio = (0.13-0.04)/0.2 = 0.45
Sharpe Ratio = (Expected Return - Risk free Rate) / Standard Deviation of Portfolio
Sharpe Ratio = (0.12-0.04)/0.2 = 0.4
1. 1% increase in expected return, Sharpe Ratio = (0.13-0.04)/0.2 = 0.45
2. 1% decrease in risk free rate, Sharpe Ratio = (0.12-0.03)/0.2 = 0.45
3. 1% decrease in Standard Deviation, Sharpe Ratio = (0.12-0.04)/0.19 = 0.42
Both 1 & 2 increases Sharpe Ratio most.
1% increase in expected return, Sharpe Ratio = (0.13-0.04)/0.2 = 0.45
A portfolio is a set of financial investments like stocks, bonds, commodities, coins, and coins equivalents, together with closed-end price range and trade traded price range (ETFs). humans typically trust that shares, bonds, and cash incorporate the core of a portfolio.
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explain two ways in which product differentiation can be useful to consumers and two ways in which it can be detrimental to consumers
Because businesses generate goods that appeal to a wide range of customer tastes, economists concur that consumers profit from a market structure that is monopolistically competitive.
What role does product differentiation have in consumers' purchasing decisions?The trait or characteristics that set your product or service apart for your target market are known as product differentiation. It helps you set yourself apart from your competition and boosts brand loyalty, sales, and growth.
An economist is a specialist who researches how goods and services are produced and consumed in an economy. They use this data to support economic policy decisions made by firms and governments.
Anyone who purchases products and services is a consumer. By increasing the demand for products and services, they are the ones who propel the economy. To understand the economy and how it operates, economists employ a range of techniques. Surveys, experiments, or mathematical models might be employed.
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describe some of the ways people use agency to respond to globalization including syncretism and participation in alternative markets.
Syncretism refers back to the combination of various beliefs—even the ones that are reputedly contradictory—into a brand new, harmonious complete. Serves as a response to globalization insofar as it mediates overlapping frameworks.
James C. Scott categorizes as a "weapon of the susceptible" - a concept relating to the methods wherein marginalized peoples can withstand with out directly hard their oppressors fair change" has emerged as a manner for socially-aware purchasers to support small farmers and artisans who have been stricken by those rules.
To be licensed as truthful trade, providers have to comply with a "truthful" rate, which will be adjusted upwards if the sector marketplace fee rises above the truthful alternate threshold.
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WeShop4You has created a grocery delivery service that is unmatched by its competition. The value the company has created now makes it difficult to implement new ideas without spending more money than it originally took to start the business. This demonstrates the idea of?
entrepreneurism.
a low-cost strategy.
consumer surplus.
diminishing returns.
offshoring.
This demonstrates a diminishing return.
The econometric law of diminishing returns, in its most basic form, states that, assuming other factors remain constant, when investment in a given sector increases, the rate of return from that investment can no longer increase beyond a certain point. According to the law of declining marginal returns, increasing the number of production factors leads to lesser increases in output. The addition of any more of a production element after a certain level of capacity utilization would unavoidably result in lower per-unit incremental returns.
Some of the world's first economists, such as Jacques Turgot, Johann Heinrich von Thünen, Thomas Robert Malthus, David Ricardo, and James Anderson, are associated with the concept of diminishing returns.
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If a consumer has a mortgage loan, a student loan, and a car loan in addition to a credit card account, he may score higher in which credit score category?.
If a consumer has a mortgage loan, a student loan, and a car loan in addition to a credit card account, Most fashionable sorts of mortgages and auto loans are viewed secured credit, due to the fact the mortgage holder can take possession of your residence or car if you do not pay as agreed.
On the different hand, an unsecured loan or line of credit score doesn't require any collateral.
What determines your credit score?How a long way at the back of you are on a bill payment, the range of money owed that exhibit late payments and whether you've delivered the debts present day are all factors. The higher your number of on-time payments, the higher your rating will be. Every time you miss a payment, you negatively have an effect on your score.
Although tiers range depending on the credit scoring model, usually credit rankings from 580 to 669 are considered fair; 670 to 739 are viewed good; 740 to 799 are considered very good; and 800 and up are considered excellent.
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https://brainly.com/question/2573941#SPJ4Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer P Moore. On October 30, P. Moore unexpectedly paid his account in full to Solstice company. Record Solstice's entries to reflect recovery of this bad debt view transaction list view general journal Journal Entry Worksheet 12 Record the reinstatement of the account previously written off. General Journal Debit Credit Date Oct 30 *Enter debits before credits clear entry done record entry
The reinstatement of the account previously written off. General Journal Debit Credit Date Oct 30 Debit $50,000 from Cash $50,000 in Credit Accounts records that reflect the repayment of debt that has been wiped off.
The entries posted in regard to the bad debt written must first be reversed before the $50000 cash receivable may be reported as a bad recovery.The reversed entries would appear as follows:Accounts payable Dr Cr A $5,000 bad debt expense account Recovering bad debt that has been written off.The following information is then recorded in relation to the cash receipt$50000 Dr Cash $50000 Cr Receivables $50000.Receiving no money from client receivables total ($50000).How these entries affect the accounts.A $50000 previous expense is now being offset by a $5000 revenue, thus there is no effect on the income statement at all.
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qzuilet which of the following best describes upics? a. upics are federally funded. b. upics are paid by grant monies. c. upics only cover certain states where fraud is prevalent. d. upics are private companies contracted by cms.
Private businesses are employed by CMS as the Unified Program Integrity Contractor (UPIC).
What is a UPICs used for?Investigating instances of alleged fraud, waste, and abuse in Medicare or Medicaid claims is UPIC's main objective. They conduct early and prompt investigations and act right away to prevent the improper payment of funds from the Medicare Trust Fund.
What role do Medicaid Integrity Contractors (MICs) play in society?CMS has agreements with organizations called Audit Medicaid Integrity Contractors (Audit MICs) to carry out post-payment audits of Medicaid providers. The primary objective of provider audits is to find overpayments and ultimately reduce the payment of erroneous Medicaid claims.
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If the economy is experiencing less than full-employment, the keynesian model recommends that the government.
To boost aggregate demand, implement stimulative fiscal policy (raise public spending or lower taxes).
What exactly is an economy?A series of connected production and consuming activities that are frequently alluded to as an economy ultimately decide how resources are distributed within a society. The individuals who live nearby and do business there are satisfied by the production activities and consumption of items on a general level.
What do you call the current economic climate?Its American economy is diverse and has components of both capitalism and socialism. Such an economic system supports the independent market owing to the use of capital, but it also allows for government engagement for the collective good.
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explain why a firm's financial statements should be audited. what might happen if audits do not occur? discuss.
Failure to conduct an audit can have serious consequences. If auditors fail to detect inaccuracies in your financial reporting, the consequences can be disastrous, leading to a company's demise.
Unacknowledged liabilities can accumulate to the point where dealing with them becomes a serious issue, even if the company survives. A financial audit is performed to ensure that financial statements are presented accurately and in accordance with generally accepted company's accounting principles (GAAP), allowing business owners to make confident business decisions. An audit is important because it gives financial statements credibility and gives shareholders confidence that the figures are correct.
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true or false: larger span of control creates flatter organizations (i.e., fewer layers of job positions). group of answer choices true false
True: larger span of control creates flatter organizations
The organization's control system is crucial because it provides measurements or benchmarks that organizational management may use to gauge how well the company is providing the goods that the market demands. The management lacks knowledge of the organization's performance and opportunities for improvement in the absence of a control system. Since it provides management with feedback on the quality of the product, organizational control is crucial in determining the quality of goods and services. Effective management establishes a control system that continuously assesses product quality in order to make quality improvements.
Management can increase the organization's responsiveness by implementing a control system to assess how well customer-contact employees are performing their tasks.
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Provide an example of how a company could make modifications to their business operations to incorporate sustainable best practices. How could these modifications be measured in terms of triple bottom line?.
The science of climate change is reverberating through economies and business, worldwide.
What does a business consist of?A business is an organization or enterprising body that engages in commercial, industrial, or professional activities. Businesses can be nonprofit organizations or for-profit enterprises. Among the various business structures are partnerships, corporations, limited liability companies, and sole proprietorships.
What are the fundamentals of business?Learning the basics is the first step you should take to succeed in business. By conducting market research and comprehending the needs and expectations of your customers, you can create a long-lasting business, but you must first develop the essential business skills.
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