Chow Publications Inc. is a publicly traded media company focused on products for the home chef market. The company publishes a monthly magazine that can be purchased at newsstands and is available for annual subscriptions (either paper copy or digital copy). Chow Publications sells annual subscriptions for S50 (paper copies) or $40 (digital copies). Subscriptions are paid in advance and are non-cancellable. Chow sold for cash 1 15,000 subscriptions on December 1, 2020, of which 30% were digital subscriptions. Single issues can be purchased on newsstands. Chow Publications uses various magazine distributors across Canada to rack it at newsstands, charging the newstands $5 per copy Normally 25,000 copies are sent out each month, with 15% of these being returned unsold. Of the 25,000 magazines sent out in December 2020, all were sold on account, and none of the returned magazines are expected to be resold and, as a result, are sent to recycling. Unsold nagazines are returned by newstands in the following month.
Required
a. Determine how much revenue Chow Publications would be able to recognize in December 2020. Use the five-step model for revenuc recognition in preparing your responsc. Round the per magazine price to three decimal places. ic. S4.965
b. Prepare the required summary journal entries for the contract based on your analysis in part "a."

Answer: An effective Internal Control

Auditors must evaluate internal controls

Auditor's work overseen by Public Accounting Board

Explanation:

The early part of the 21st century saw shocking financially improper activities by companies such as WorldCom and Enron exposed to the world. Investor Confidence was shaken and the government needed to do something to restore it.

This was why in 2002, the US Congress passed the Sarbanes-Oxley act that aimed to ensure that the actions of those companies were never repeated.

The act requires the following;

a) An effective Internal Control

The act requires that companies enact very effective Internal controls to detect financial irregularities and even went forward to make it the responsibility of the Top Executives to ensure that this is so.

b) Auditors must Evaluate Internal Controls.

Auditors had to change their auditing strategies that were deemed inefficient. They are now required to properly evaluate in-depth, the internal controls that a company adopts to be able to give an opinion on it and they do this based on the guidelines of the Public Accounting Board.

c) Auditor's work overseen by Public Accounting Board

The Public Company Accounting Oversight Board (PCAOB)  was established by the Sarbanes-Oxley Act with it's main purpose being to monitor and oversee auditors as they audit companies so that they may protect the public from false financial information. They set rules and standards that Auditors must follow and these rules in turn have to be approved by the Securities and Exchanges Commission (SEC).

To ensure that the deeds of those corporations were never repeated, the US Congress created the Sarbanes-Oxley act in 2002:

US Congress passed the Sarbanes-Oxley act, all financial reports must contain an Internal Controls Report demonstrating that the company's financial data is accurate and that sufficient controls are in place to protect it.

A yearly evaluation of internal controls by a third-party CPA firm to see how successful each one is. The auditor of a publicly traded firm must vouch for management's evaluation of internal controls and provide a report on it.

As a result, the significance of the Sarbanes-Oxley Act requires are the aforementioned.

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Supervisor: “If you need anything in the interim, please contact my assistant.” B) If I need anything between occasions, I will contact your assistant.

Interim can be defined as the period of time between which  an event first occur to when another event will occur or a short period of time.

Based on the given scenario  if the supervisor asked if you need anything in the interim, please contact my assistant the best response should be If I need anything between occasions, I will contact your assistant.

Therefore the correct option is B.

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The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.

CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.

When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.

Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.

Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.

Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.

The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.

The importance of consumer behavior to marketers is discussed below:

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Answer:

having more opportunities

earning more money

having a good credit score

being prepared for emergencies

paying lower interest rates on credit cards

gaining independence

Explanation:

The optimal decision values and optimal objective value would be X1 = 8, X2 = 12, Z = 96.

Optimal means the most favorable, beneficial, or desirable situation or outcome. It is often used to describe the most efficient or effective way of achieving a given goal. In economics, optimal means the best balance of cost and benefit, while in mathematics, it means the most efficient way of solving a problem. -

The optimal decision values and optimal objective value are:  X1 = 8, X2 = 10, Z = 80.
If the unit profit of product 1 is changed from $5 to $10, the optimal decision values and optimal objective value would be: X1 = 0, X2 = 10, Z = 80.
If the availability of resource 1 is changed from 50 to 40, the optimal decision values and optimal objective value would be: X1 = 6, X2 = 10, Z = 80.If they can obtain additional resources 3 or 4, but not both, they should obtain additional resource 4 as that would increase the optimal decision values and optimal objective value. The optimal decision values and optimal objective value would be: X1 = 8, X2 = 12, Z = 96.

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Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.

There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.

Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.

Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.

Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.

Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.

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The person in charge of making sure the correct type and amount of fabric are ready for a new clothing line is Patternmaker.

Hence, in this case, it is concluded that Patternmaker is the person in charge of making sure the correct type and amount of fabric is ready for a new clothing line.

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Answer:

technical designer

Explanation:

A technical designer works in the fashion industry to help take a garment from concept to shelf. As a technical designer, it's your job to take creative designs and adapt these ideas into actual products.

Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

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1. Procurement - Buying raw materials at the best price to maximize cost-benefit.

2. Production Support - Requirement analysis, raw material delivery, etc. enhance the manufacturing process. Manufacturing assistance.

3. Market distribution performance cycle - Manages product distribution in the market.

Generally, The supply chain process is connected to all aspects of business operations, including procurement, production support, and the performance cycle of market distribution. These are related to one another in a few key respects. They are distinct from one another in the following ways:

1. Procurement is the process of acquiring raw materials at the lowest possible cost while maintaining the highest possible level of operational efficiency.

2. Manufacturing Support - The manufacturing process is helped along by several linked operations such as need analysis, the delivery of raw materials, and so on. The term for this kind of assistance is manufacturing support.

3. The Market Distribution Performance Cycle: It is the Management of the Complete Process of Product Distribution in the Market This cycle is the management of the entire process of product distribution in the market.

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Answer:

a. In the income statement, Net Income = $414

b. In the balance sheet, Total assets = Total equities and liabilities = $5,114.

Explanation:

Note: See the attached excel file for the income statement and a balance sheet.

An income statement prepared in accordance with the generally accepted accounting principles (GAAP) records income when they are earned and expenses when they are uncured.

A balance sheet prepared in accordance with the generally accepted accounting principles (GAAP) shows assets in order of liquidity. In the prepared balance sheet, current asset starting with the ending cash balance which is the most liquid asset asset is shown first followed by others in there order of liquidity.

The fact that Total assets = Total equities and liabilities = $5,114 in the attached excel file shows the balance sheet is accurately prepared.

In the attached excel file, we have:

Sales revenues = Units sold * Unit price = 260 * $13 = $3,380

Ending finished goods Inventory = Total cost of production * ((Units produced - Units sold) / Units produced) = $3,780 * ((360 - 260) / 360) = (100/360)) = $1,050

Below the income statement and the balance sheet in the attached excel file, there is a working that shows the ending cash balance of $4,064.

Answer:

Explanation:

I think We are doing an in-depth search on your topic.

For Curiosity, we have to do full research on the topic we are reading,

And for full research, we have to go in deep We follow the link given in the article.

A good reader is called when He does not just look at the title. He do all efforts for understanding the topic in depth.

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In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"

In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.

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Answer:

B . is the answer ......,......☺️

Answer:

b

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D. Both the student's salary and a portion of the interest income will be subject to the "kiddie tax".

The "kiddie tax" applies to the unearned income of children under the age of 18, as well as full-time students under the age of 24 whose earned income does not exceed half of their support. In this case, the student's parents pay more than half of their support, and their earned income of $11,000 is less than half of their support, so the "kiddie tax" applies to their unearned income. The interest income of $9,000 is considered unearned income and will be subject to the "kiddie tax." The "kiddie tax" rate is based on the parent's marginal tax rate and applies to the portion of the child's unearned income that exceeds a certain threshold (in 2023, $2,400). Therefore, a portion of the student's interest income, as well as their salary income, will be subject to income tax.

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Answer: (Please remember to Rate)

Three ways in which the computer can be used to increase the efficiency of the Sales Department are:

a) Automating the sales process: A computerized sales system can help streamline the sales process by automating tasks such as lead generation, customer contact management, and order processing. This can save time and reduce errors.

b) Generating reports and analytics: The computer can be used to generate sales reports and analytics that provide insights into customer behavior, market trends, and sales performance. This information can help the Sales Department make data-driven decisions to improve their strategies.

c) Customer Relationship Management (CRM): CRM software can help the Sales Department manage customer interactions and relationships more effectively. The computer can store customer data, track customer interactions, and provide insights into customer preferences and needs.

In today's market place, businesses accept either a debit or a credit card. One similarity between these types of cards is that both allow customers to make electronic payments without the need for cash. Two differences between these types of cards are:

a) Credit cards allow customers to borrow money from the bank to make purchases, while debit cards allow customers to use their own funds from a linked bank account.

b) Credit cards charge interest on outstanding balances, while debit cards do not.

Some answering machines are programmed to operate without manual assistance. Five advantages of this to the organization are:

a) The answering machine can answer calls outside of business hours, providing customer support 24/7.

b) The answering machine can handle a high volume of calls, reducing the need for additional staff.

c) The answering machine can provide consistent and accurate responses to common questions.

d) The answering machine can prioritize urgent calls and direct them to the appropriate department or individual.

e) The answering machine can provide a professional image for the organization.

Three disadvantages of the system are:

a) The answering machine cannot handle complex or unique inquiries that require human judgment or creativity.

b) The answering machine may frustrate customers who prefer to speak with a live person.

c) The answering machine may not be able to understand or respond to accents or dialects that differ from the programmed language or voice recognition system.

In this situation a certificate of deposit (CD) would be the best banking choice is Darren is looking for an investment that has a very high interest rate.

In the best banking choice, if you want a safe investment with a higher interest rate than a regular savings account.

A certificate of deposit is issued t a discount given at face value. It is similar to an FD, certificate of deposit aims to denote in writing that you have deposited money in the bank for a fixed  period and the bank would pay you interest- based on the amount and the period of your deposit.

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The check in procedure on a hotel include:

The check out process include:

It should be noted that it's important to be nice to guest when they come to a hotel.

Check-in: When a visitor arrives at the hotel with the appropriate identification, the check-in process begins. They need to have a legitimate ID. Look into: After handing the hotel receptionist your keys, checking out is the next step.

During the checkout, be nice and helpful to them and tell them that you'll like them to come visiting again.

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Answer: distract

Explanation:

Distraction is not a strategy for defusing potentially harmful situations. Option (a) is correct.

Strategy is a plan for achieving a long-term or overall goal.

Hollaback's "5 D's" (Direct, Distract, Delay, Delegate, Document) are different methods that bystanders can use to support someone who is being harassed, emphasize that harassment is not okay, and demonstrate to people in your life that they too have the power to make our communities and workplaces safer.

It teaches students, faculty, and staff how to intervene by employing the three Ds: Direct, Distract, and Delegate. The three D's provide strategies for intervening in potentially dangerous situations.

Therefore, Option (a) is correct.

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Answer:

False

Explanation:

The Journal entries for the respective entries are given below.

A. July 1

Petty Cash Fund Dr. $745

Cash Cr. $745

B. Replenishing the Petty Cash Fund on an unspecified date:

Store Supplies Expense Dr. $57

Miscellaneous Selling Expense Dr. $88

Cash Cr. $145

Petty Cash Fund Cr. $145

C. December 31

Store Supplies Expense Dr. $X (amount of missing funds)

Miscellaneous Selling Expense Dr. $Y (amount of missing funds)

Cash Cr. $119

Petty Cash Fund Cr. $X + $Y (sum of missing funds)

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The volume of the figure is 23,200 cm³.

To find the volume of the figure, we need to calculate the volumes of the rectangular prism and the trapezoidal prism separately and then add them together.

The volume of a rectangular prism is given by the formula:

Volume = Length × Width × Height

For the rectangular prism:

Length = 12 cm

Width = 10 cm

Height = 80 cm

Volume of the rectangular prism = 12 cm × 10 cm × 80 cm = 9,600 cm³

Now, let's calculate the volume of the trapezoidal prism. The formula for the volume of a prism is the product of the base area and the height.

The trapezoid base has lengths of 22 cm and 12 cm and a height of 10 cm.

To find the area of the trapezoid base, we use the formula:

Area = (a + b) / 2 × h

where a and b are the lengths of the parallel sides and h is the height.

Area of the trapezoid base = (22 cm + 12 cm) / 2 × 10 cm = 17 cm × 10 cm = 170 cm²

Now, we can calculate the volume of the trapezoidal prism:

Volume of the trapezoidal prism = Area of the trapezoid base × Height

Volume of the trapezoidal prism = 170 cm² × 80 cm = 13,600 cm³

Finally, we can find the total volume of the figure by adding the volumes of the rectangular prism and the trapezoidal prism:

Total Volume = Volume of the rectangular prism + Volume of the trapezoidal prism

Total Volume = 9,600 cm³ + 13,600 cm³ = 23,200 cm³

Therefore, the volume of the figure is 23,200 cm³.

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Answer: Account and Settings > Advanced > Automation

Explanation:

The options are:

a. Account and Settings > Sales > Products and Services

b. Account and Settings > Expenses > Messages

c. Account and Settings > Advanced > Automation

d. Account and Settings > Advanced > Accounting

For a QuickBooks Online user to be able to apply a Credit Memo transaction automatically to the invoice of a customer, it should be noted that one can turn the apply credits checkbox automatically in Account and setting > advanced> automation.

One should first click on Account and settings, after which the Advanced tab will be clicked on. Then, one will select automation. Finally, one will click on apply credits automatically.

Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively.

Chaleff's courageous followership is a concept that highlights the significance of followers who possess the courage and willingness to actively engage in their roles and influence their leaders and organizations in a positive manner. It challenges the traditional notion that followers should simply obey and conform to their leaders without question.

According to Chaleff, courageous followership involves followers who are willing to speak up, take initiative, and provide constructive feedback to their leaders. These followers are not afraid to express their opinions, voice concerns, and offer alternative viewpoints, even when it goes against the prevailing norms or authority. They understand that their active participation is crucial for the success and growth of the organization.

Courageous followers also exhibit ethical behavior and take responsibility for their actions. They hold themselves accountable for their decisions and actions, aligning their behaviors with their values and the organization's values. They are willing to stand up against unethical practices and unethical leadership when necessary, with the aim of promoting integrity and ethical decision-making within the organization.

Chaleff's courageous followership promotes a collaborative and mutually beneficial relationship between leaders and followers. It encourages leaders to create an environment where followers feel safe and empowered to express their ideas and concerns. By fostering open communication and embracing diverse perspectives, leaders can tap into the full potential of their followers and create a culture of innovation and adaptability.

In summary, Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively. It advocates for a dynamic and collaborative relationship between leaders and followers, ultimately aiming to enhance organizational effectiveness, ethical decision-making, and overall success.

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When creating a budget people should Record everything that they spend and what they spend it on. The appropriate response is option A.

A budget is an estimate of income and expenditures for a given future period of time, and it is often created and updated on a regular basis. A individual, a group of people, a corporation, a government, or pretty much anything else that makes and spends money can all have budgets.

Budgeting is essential if you want to control your monthly spending, be ready for life's unforeseen events, not  falling into debt. Monitoring your income and expenses is a crucial component of budgeting.

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Explanation:

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Answer:

A. Callable bonds.

Explanation:

The bond that have an option to give  the right to the issuer to retired the bond at the stated amount but it should be before the maturity so the same we known as callable bond

Hence, the correct option is A

Therefore all the other options would be incorrect

The same is to be considered and relevant

Some of Best Buy's internal issues could best be addressed by implementing strategic changes and initiatives. These initiatives should focus on improving various aspects of the company's operations and addressing specific challenges it may be facing.

Here are a few possible approaches:

1-Restructuring and optimizing operations: Best Buy could assess its organizational structure, processes, and workflows to identify areas for improvement and streamline operations. This could involve reevaluating roles and responsibilities, enhancing communication channels, and implementing more efficient systems and technologies.

2-Employee training and development: Investing in comprehensive training programs and professional development opportunities for employees can enhance their skills, product knowledge, and customer service abilities. This can lead to improved employee performance, increased customer satisfaction, and a better overall shopping experience.

3-Inventory management and supply chain optimization: Best Buy could focus on improving its inventory management processes to ensure the availability of popular products and minimize stockouts. Analyzing demand patterns, optimizing supply chain logistics, and strengthening relationships with suppliers can help streamline operations and reduce costs.

4-Enhancing the omnichannel experience: Best Buy could invest in technology and infrastructure to provide a seamless omnichannel experience for customers. This may involve integrating online and offline sales channels, improving website functionality, implementing effective order fulfillment processes, and enhancing the in-store experience through innovative technologies.

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