1. Use a real-life example to describe the following allocation methods. Hint: Use family, friends, teams, church, and/or clubs for examples.
Brute Force
Market
Queuing
Random Selection
Tradition
Equal Shares
Need
Planned
A real-life example of the concepts are:
Brute force: The use of different numbers, trying to win the lottery.
Market: The buying and selling of ice cream at backyard sales.
Queuing: Standing in line to pay for goods at a mall
What is Queuing?This refers to the standing in line by a group of people in order to access a particular service.
Hence, we can see that the other answers are:
Random selection: Picking one person out of four persons, through the throw of a die.
Tradition: Going to camp every year between father and son.
Equal Shares: The allocation of the same amount of food in a family
Need: The purchase of food in order to continue living.
Planned: A vacation to a foreign place that has been in the making for a long time.
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Subodh is a wholesaler of A4 Photocopy Paper. He purchases paper in bulk quantities, which enables the manufacturer to take advantage of economies of scale. Subodh purchases paper from manufacturers on cash basis and sometimes even give advance money for bulk orders. As Subodh is in direct contact with the retailers, he keeps informing the manufacturer about the changes in customers' preferences, market conditions, etc. Identify the 'Services of Wholesalers to Manufacturers being provided by Subodh by quoting lines from the given case.
Answer: The services provided by Subodh are 1. Facilitating large-scale production, 2. Collection of market information.
Explanation:
1. Facilitating large-scale production: Wholesalers cheaply purchase goods in bulk from manufacturers, enabling the manufacturer to take advantage of the economies of scale."He purchases paper in bulk quantities, which enables the manufacturer to take advantage of economies of scale."
2. Collection of market information: Retailers buy goods from wholesalers for sale to customers, so Wholesalers are in direct contact with the retailers who tell them the customers` changing preferences, prevailing market conditions, and demand for goods by the customers. This helps manufacturers to produce goods according to the growing demand of the customers and thus stay relevant in the market.
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Synthesizing Suppose you were told that you would
earn $95,000 in 2020. Explain why this information
would say little about the standard of living you might
enjoy. What other information would you need before
you could evaluate how well you could live in 2020?
Answer:
The nominal earnings is only one side of the story. The thing that matters is what the earnings would be able to buy. Hence, we need to know how the prices are going to change, and what are is the expected inflation. If the inflation is very high, the same nominal money would be able to buy less goods and if the inflation is more, the same nominal money would be able to buy more goods.
Explanation:
The answer is the explanation
Before evaluating how well I could live in 2020, there are several other factors that need to be evaluated.
Evaluation for livingMany things need to be evaluated. These include the rise in price of every thing from food, petrol, and other basic necessities. It is important to note that what our earnings would be able to buy. Earnings will decide how better can we live in 2020.
Standard of livingStandard of living refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area. Standard of living is relevant because it is considered to contribute to an individual's quality of life.
Thus, many things need to be evaluated before deciding how well we are going to live in 2020.
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Your working with an experienced acciate
When working with an experienced associate who insists on completing a task a certain way, but you know there is a more efficient method, it's important to approach the situation with respect and open-mindedness. Here are a few steps you can take:
Listen to their reasoning: Start by asking your associate to explain their thought process behind their preferred method. This shows that you value their opinion and expertise, and it may also provide insights that you hadn't considered.
Present your alternative method: Once you've heard your associate's perspective, share your own. Explain the benefits of your method and why you believe it would be more efficient.
Collaborate on a solution: Instead of approaching the situation as if there's only one right way to do things, try to find a middle ground that incorporates the best aspects of both methods. This may involve some compromise, but it can lead to a better overall solution.
Test both methods: If possible, test both methods to see which one is truly more efficient. This can be done by tracking the time it takes to complete the task, the accuracy of the results, or any other relevant metrics.
Respect their expertise: Even if your method ends up being more efficient, it's important to acknowledge your associate's experience and knowledge. Thank them for their input and let them know that you value their expertise.
By following these steps, you can work collaboratively with your associate to find the best possible solution while still respecting their experience and knowledge.
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You are working with an experienced associate. He insists on completing a task a certain way, but you know there is a more efficient method.
What is NOT an advantage of being an entrepreneur?
Answer: Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business
Answer:
The advantages of entrepreneurship include the ability to shape one's own business, control of one's own working habits, and significant stock in the venture. Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business.
Explanation:
in which of the market structures can one or two firms influence quantity? group of answer choices A. perfect competition B. monopolistic competition C. competitively arranged D. monopoly E. oligopoly
In the market structures of monopolistic competition, monopoly, and oligopoly, one or two firms can influence quantity.
Monopolistic competition is characterized by a large number of firms selling differentiated products. Each firm has some degree of market power and can influence quantity by adjusting the level of product differentiation, advertising, or pricing strategies. However, due to the presence of numerous competitors, the influence of an individual firm on the overall market quantity is limited. In a monopoly, there is a single firm in the market with complete control over the supply of a product or service. As a result, the monopolistic firm has significant influence over the quantity produced and sold in the market.
Oligopoly refers to a market structure with a small number of large firms dominating the industry. In such a scenario, a few firms hold a considerable market share, giving them the ability to influence quantity by coordinating their actions or engaging in strategic behavior. These firms can collude or engage in tacit agreements to control the market quantity and maintain their market power.
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Which of the following is not an example of professional behavior
?
yin importers is evaluating the following project. what is the payback period of the project? year cash flow 0 -$40,000 1 $19,000 2 $25,000 3 $18,000 4 $6,000
The project's return on investment is two years. Payback period is the length of time required to recoup the initial expenditure.
How long will it take the project to pay for itself?The term "payback period" refers to how long it will take for a project's financial inflows to surpass its initial cash outlay. This formula is helpful for risk reduction research since a project that produces a return quickly is less dangerous than one that produces the same return over a longer time frame.
By dividing the investment amount by the annual cash flow, the payback period can be computed. The payback period helps account and fund managers decide whether to proceed with an investment.
Cash flow
0 -$40,000
1 $19,000
2 $25,000
3 $18,000
4 $6,000
The time needed to recover the initial investment is known as the payback period:
Payback= -40,000 + ($19,000 + 25,000 + 18,000 + 6,000)
Payback= 2 years
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Historically, security officials in government and corporations were primarily concerned with fraud, credit card theft, and hackers. Since 9/11, however, officials are much more concerned with:
A. inoculating computers from viruses.
B. cyberterrorism.
C. privacy issues and intrusive advertising.
D. consumersâ fears of using credit cards on the Internet
Historically, security officials in government and corporations were primarily concerned with fraud, credit card theft, and hackers. Since 9/11, however, officials are much more concerned with cyberterrorism.
Cyberterrorism is the merging of terrorism and cyberspace. When done to intimidate or coerce a government or its people in support of political or social aims, it refers to illegal attacks and threats of attacks on computers, networks, and the information held therein.
Cyberattacks can have a variety of motivations, although the majority of them are commercial in nature. However, there is mounting evidence that hackers are becoming more politically motivated. Cyberterrorists have taken advantage of the fact that governments rely on the internet because they are aware of this and have done so.
Hence the correct option is B
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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in a competitive market, strategic interactions among the firms are not important.
True
The statement "in a competitive market, strategic interactions among the firms are not important" is false. This is because in a competitive market, firms have to use strategic interactions to gain a competitive advantage over other firms.
The statement "in a competitive market, strategic interactions among the firms are not important" is false. This is because competition exists in a market where there are a large number of sellers who offer similar products to a large number of buyers. In such a market, firms have to use strategic interactions to gain a competitive advantage over other firms. This means that they have to take into account the actions of their competitors when making decisions.
In a competitive market, firms have to use strategic interactions to gain a competitive advantage over other firms. This means that they have to take into account the actions of their competitors when making decisions. For example, if one firm decides to lower its prices, then other firms may also decide to lower their prices to remain competitive. This can lead to a price war, where firms keep lowering their prices to gain an advantage over each other.In such a market, strategic interactions are important because they help firms to differentiate their products from those of their competitors. For example, if one firm decides to offer better quality products, then other firms may also decide to improve the quality of their products to remain competitive. This can lead to product differentiation, where firms offer products that are different from those of their competitors.
In conclusion, the statement "in a competitive market, strategic interactions among the firms are not important" is false. This is because competition exists in a market where there are a large number of sellers who offer similar products to a large number of buyers. In such a market, firms have to use strategic interactions to gain a competitive advantage over other firms.
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individuals use different moral philosophies depending on whether they make a personal or work-related decision. which of the following may explain this behavior? (select two) a. in the business arena, some goals and pressures for success differ from the goals and pressures in a person's life outside of work. b. the concept of a moral philosophy is exact, so it is easy to determine human behavior when it comes to ethical decision making. c. rules, personalities, and precedents exert pressure on an employee to conform to the firm's culture. d. an individual's moral philosophy will never change to become compatible with the work environment. e. if an employee views a specific action as good in the business sector, it will always be acceptable outside the work environment as well.
a. Some goals and pressures for success in business differ from goals and pressures in a person's life outside of work, c. Rules, personalities, and precedents exert pressure on an employee to conform to the firm's culture. These options explain the behavior.
Why would an individual's moral philosophy might change to become compatible with the work environment?Moral philosophy is not always exact and can vary from person to person. An individual's moral philosophy can change over time, including their views on ethical decision making in the workplace. Finally, what is considered acceptable behavior in the business sector may not be the same as what is acceptable outside of work.
a. Some goals and pressures for success in business differ from goals and pressures in a person's life outside of work. This is because the goals and pressures in the business arena may be different from those in an individual's personal life. In the business world, the primary goal is often to achieve success, profits, and growth, while the focus in personal life is often on relationships, personal growth, and well-being.
c. Rules, personalities, and precedents exert pressure on an employee to conform to the firm's culture. This is because in the workplace, employees are often expected to follow a set of rules and norms that are defined by the organization's culture. The culture of the organization can influence an employee's ethical decision making by creating a sense of obligation to conform to the organization's expectations and values.
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I Will give brainliest!!!!!!!!!!!! Now I know this isn't a question for schools, but I figured I really need this answer. A friend and I have a really good idea for a device, but we don't know anything about making machines and coding. How would we get someone who would help us make this idea a reality. I don't mean investors, because then we would still need to make a prototype, I mean find someone with the capabilities of producing our product as well as code it, and so on
Answer:
post an ad online
Explanation:
or flyers in your city work well to, my friend and i did that and we got a lot of offers
when considering how to pay your employees, you can choose three levels of variable pay: individual, team, and organizational. which of the following approaches is ideal when considering these three systems?
Have elements from every system contribute to the employee's pay.
What is Variable Pay?An employee's remuneration is variable pay because it depends on how well they perform. It is typically provided in addition to the employee's regular compensation and takes many different forms.When a salesperson meets particular performance goals or generates more sales, you may give them more compensation, which is known as variable pay. These additional salaries are examples of variable pay. Suppose your sales agents receive a particular amount of extra money each time they close a deal.Variable Pay assists the company in balancing and equating staff wages. The pay structure may not be implemented properly if the criteria for variable compensation are not clearly established. Employees who put in a lot of effort are encouraged by performance-based variable pay, which assists in rewarding them.To learn more about Variable Pay refer to:
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On a loan of $32,000 at 7% interest for 6 months, how much do you wind up paying to pay off the loan?.
The amount to be paid at the end of the loan period will be $33,120. The rate of interest on the loan is given as per annum and hence the interest is to be calculated for 6 months.
Calculation of settlement amount of loan:Given:
\(\rm Principal &= \$32,000\\\\Rate &= 7\%\:per\:annum\\\\Tenure = 6\:months\)
Interest is calculated from the following formula:
\(\rm Interest = Principal\times Rate \times Tenure\)
Hence the interest for the loan will be:
\(\begin{aligned}\rm Interest &= \$32,000\times 7\% \times 6\: months\\\\&= 32,000 \times \dfrac{7}{100}\times \dfrac{6}{12}\\\\&= \$1,120\end\)
The final payment for the loan will be the combination of principal and interest.
Therefore final payment = $32,000 +$1,120
= $33,120
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What are the 3 ways to calculate GDP?
GDP can be calculated using the expenditure approach, the production approach, and the income approach.
Gross Domestic Product (GDP) is the value of all goods and services produced within a country in a given time period. There are three main methods for calculating GDP: the expenditure approach, the production approach, and the income approach.
The expenditure approach adds up total spending on consumption, investment, government purchases, and net exports. The production approach adds up the value of all output in the economy, including goods and services.
The income approach adds up the total income earned by households, firms, and the government. All three approaches should theoretically give the same result, and economists often use a combination of all three methods to get a comprehensive understanding of an economy's size and performance.
The method used to calculate GDP can also affect the interpretation of economic trends and policies, so it is important to understand the strengths and limitations of each approach.
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i need help somebody!!!!!!
Answer:
oxygen
Explanation:
The pictogram for oxidizing products is an "o" with flames on top of it. The "o" is for oxygen and the flames show that oxidizers are significant fire hazard if they are not handled properly. There are three types of oxidizing product: oxidizing gases, oxidizing liquids and oxidizing solids.
answer quick will give brainliest
Question #6
Multiple Select
In 2004, Dove launched the Campaign for Real Beauty. Its first ad featured a photo of women of all sizes and shapes in their underwear. The
campaign was huge success. Which of these statements explain why the campaign succeeded? (Select all that apply.)
The image was different from the thin, too perfect models usually seen in beauty ads.
The image implied that female consumers could not be beautiful without Dove products.
The image enabled female consumers to identify with the women in the ads.
The image gave the impression that all the models used Dove products,
Answer:
The image was different from the thin, too perfect models usually seen in beauty ads. The image enabled female consumers to identify with the women in the ads.Explanation:
Dove's use of women of all sizes and shapes in their underwear was hailed as revolutionary because it was seen as a departure from the thin and perfect models that were often seen in such ads.
These had contributed to the hate that some women felt towards their bodies and Dove's message of body positivity really resonated as women were able to identify with the women in the ads unlike the previously 'perfect' models that had been used.
The result was a massive success as body positivity messages and campaigns were started and Dove benefitted from these in no small way by becoming one of Unilever's biggest brands.
What is an appraisal? Why is it usually included in the closing costs for buying a home?
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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the life inventory method assumes that the cost of the latest units purchased is:
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
scenario 13-2 kachina owns a computer consulting business to help senior citizens learn how to use their ipads. kachina charges $25 per hour for her services. she also works 5 hours a week for the economics department to maintain the department's web page. the economics department pays kachina $20 per hour. refer to scenario 13-2. if kachina can work additional hours at either job, what is the opportunity cost if she spends one hour reading a book?
The $25 per hour opportunity cost, which represents a lost best option, is $25.
What is an example of opportunity cost?
Time spent studying and money used for other purposes are the opportunity costs.Wheat is planted by a farmer;Planting a different crop or making a different use of the resources (land and farm equipment) is an example of the opportunity cost.
What is the simple definition of opportunity cost?The value of what you must give up in order to choose something else is known as the opportunity cost in economics.
What exactly does opportunity cost mean?The value of what you lose when choosing between two or more options is called the opportunity cost.There are trade-offs in every option, and the opportunity cost is the potential advantages you will miss out on if you choose one path over another.
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Using technology, determine the present value given that you make semi-annual payments of $2,527 at 6.1% compouded semi-annually over a 6 year period. round your answer to the nearest cent. a. $25,078.86 b. $25,146.48 c. $20,963.57 d. $21,070.31
The present value would be $21070.31. Semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period, means, payment is made semi annually that is two times in a year.
How to calculate?Given that,
semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period.
It means, payment is made semi annually that is two times (twice) in a year.
Payment made = $2527.
Interest rate =6.1%
Hence, compounded semi annually = 0.061
Time duration = 6 years = 6 × 2 = 12 (two times)
Using Formula: P = A * i / 1 - (1 + i)-t
Therefore,
Where,
A = amount to pay
P = payment made
t = time duration
i = interest rate
By placing given values in the formula, we obtain,
A=21070.306476
Hence, the present value is $21070.31
How many semi-annual payments?Employers who choose this schedule can choose to pay the employee either on the 1st and 15th of the month, or on the 16th and the last day of the month. A half-month salary has 24 payment periods and is most commonly used by office workers.
What date is semi annual?Semi-annual dates mean June 30th and December 31st of each year.
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Answer:D
Explanation:
edge
2. The rate of assessment in Fulton County is 35%. The tax rate is
81.31 mills. What is the real estate tax on a piece of property that
has a market value of $238,500?
The real estate tax on a piece of property that has a market value of $238,500 is:$6,787.
Real estate taxUsing this formula
Real estate tax= (Tax rate/1000)× Real property ×Rate of assessment
Tax rate =18.31 mills
Real property=180,000
Rate of assessment=0.35
Let plug in the formula
Real estate tax = 81.31 /1000×$238,500×0.35
Real estate tax = $6,78
Therefore the real estate tax on a piece of property that has a market value of $238,500 is $6,787.
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Alan Patel is a college student living alone in a campus apartment. He finished cooking dinner when his friends text him to join them at the dining hall on campus for dinner. He now has to decide whether to eat the dinner he prepared or walk to campus to meet his friends at the dining hall. Alan should consider all the following costs when making this decision EXCEPT the time it will take to go meet his friends and walk back. amount of money he will spend at the dining hall. money spent on the groceries he used to cook dinner. value he places on not eating dinner alone.
With the exception of the money spent just on items he used to prepare dinner, Alan should take into account all of the following expenses while making this choice.
Explain the term decision making?Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process.You can make more careful, intelligent decisions by organizing pertinent information and outlining alternatives by following a step-by-step decision-making process.This strategy raises the likelihood that you'll select the one that will satisfy you the most.For the stated question:
College student Alan Patel resides alone in an apartment on campus. When his pals texted to ask him come join them for supper in the university dining hall, he had just finished preparing. He must now choose between eating the meal he cooked and walking to school to meet his buddies there at dining hall.Thus, with the exception of the money spent just on items he used to prepare dinner, Alan should take into account all of the following expenses while making this choice.
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use the subtotals feature to insert subtotal rows by employee to calculate the total expense by employee.
The subtotals feature in Excel can be used to insert subtotal rows by employee to calculate the total expense by the employee.
To use the Subtotals feature in Excel to insert subtotal rows, follow these steps:
Select the entire range of your data, including the header row.Go to the "Data" tab in the ribbon and click on "Subtotal" in the "Outline" group.In the "Subtotal" dialog box, choose "Employee" in the "At each change in" dropdown list.In the "Add subtotal to" dropdown list, choose "Expense" or the column that contains the expenses you want to sum.In the "Use function" dropdown list, choose "Sum" or the function you want to use to calculate the subtotal.Make sure that all the checkboxes in the "Summary below data" section are checked.Click on "OK" to apply the subtotals.This will insert subtotal rows after each change in employee and calculate the total expense by employee. You can collapse or expand the groups by clicking on the numbers in the left margin to show or hide the subtotals.
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Describe the technology that allows Amazon to have a store
without cashiers
Amazon utilizes a combination of computer vision, sensor fusion, and deep learning algorithms to enable a cashierless shopping experience in its stores.
How does Amazon Go technology enable a cashierless shopping experience?Amazon utilizes a technology called "Amazon Go" to operate stores without the need for cashiers. Amazon Go is an innovative cashierless shopping experience that combines computer vision, sensor fusion, and deep learning algorithms to enable seamless and frictionless transactions for customers.
Here's how the technology works:
Amazon Go Store Setup: The store is equipped with a network of cameras and sensors that are strategically placed throughout the premises. These cameras and sensors are capable of capturing detailed information about the items and customers present in the store.Customer Identification: To enter the store, customers must download the Amazon Go app on their smartphones and link it to their Amazon account. When customers enter the store, they scan a unique QR code generated by the app, which serves as their identification.Tracking and Monitoring: As customers move through the store, the sophisticated camera system tracks their movements and monitors the items they pick up or put back on the shelves. The cameras utilize computer vision technology to identify the items and their locations accurately.Automated Item Recognition: The shelves in the Amazon Go store are equipped with weight sensors and shelf sensors. When a customer removes an item from the shelf, the weight sensors detect the change in weight, and the shelf sensors identify the specific item that was taken.Virtual Shopping Cart: As customers continue shopping, the Amazon Go app creates a virtual shopping cart, automatically adding the items the customers have picked up based on the data collected by the camera system and sensors.Seamless Checkout: Once customers have finished shopping, they can simply leave the store. The app charges their Amazon account for the items in their virtual shopping cart, and a digital receipt is sent to their app. There is no need to go through a traditional checkout process, as the entire transaction is handled electronically.Monitoring and Maintenance: Amazon employs staff members who oversee the store operations, restock shelves, and ensure the smooth functioning of the technology. Additionally, the system undergoes continuous improvements and updates to enhance accuracy and efficiency.Learn more about Amazon
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What does the curved line on this position vs speed graph indicate
Answer:
if the velocityis changing,then the slope is changing
Explanation:
thx
Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate shelf. The shelves will be able to support 25 lbs. Will the new shelves be able to support her current supply of powder goods? Use the conversion table below and a spreadsheet to help you determine the answer
Answer: yes
Converting each to pounds it equals 13.3 pounds
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Which 3 activities are accessible from the get paid & pay tab when using business view?.
The 3 activities that are accessible from the get paid & pay tab when using business view are: Vendors, Sales, Time.
What is QuickBooks?QuickBooks can be defined as an accounting software that enable a business owner, accountant or account officer to track a company sales including their day to day transactions.
When a business owner is making use of business view on QuickBooks the activities that is accessible from the get paid & pay tab includes:
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