To maintain free and competitive financial markets, the federal open market committee monitors their activities. The right response in this case is option B.
The branch of the Federal Reserve Board responsible for setting the course of monetary policy is known as the Federal Open Market Committee (FOMC). The board of governors, which has seven members, and the five reserve bank presidents make up the FOMC.
The FOMC has eight regularly scheduled meetings each year. In order to identify the optimal stance for monetary policy and to evaluate the risks to its long-term objectives of price stability and sustained economic growth, the Committee evaluates the state of the economy and the financial system at these meetings.
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True or false? Because people respond to incentives, we would expect that if the average salary of accountants increases by 50 percent while the average salary of teachers increases by 20 percent, students will shift majors from education to accounting.
The statement "Because people respond to incentives, we would expect that if the average salary of accountants increases by 50% while the average salary of teachers increases by 20%, students will shift majors from education to accounting" is True because funded by local tax.
The incentives are the amount of money which is given to the employee or worker to achieve the targeted goal and it is the motivated things to give from the organization or firm to the employees.
Because people respond to incentives, we would expect that if the average salary of accountants increases by 50 percent while the average salary of teachers increases by 20 percent. This is why, due to the local taxes which is given to teacher.
On the other hands, accountants gets incentives due to the firm's profit.
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How does Ana spend her time in seedfolks?
Answer:
B
Explanation:
Got it right on edg 2020
Using an example company Patagonia, the following materials and processes are listed:Materials & Processes:Fair TradeHempNetplus Recycled Fishing NetsOrganic CottonPFC FreeRecycled ContentTraceable downWoolYulex Natural RubberWhat are some of the cost drivers that might be used for correctly pricing for their products?
Some of the cost drivers that might be used for correctly pricing Patagonia's products include the cost of the materials used in production, such as Fair Trade, Hemp, Netplus Recycled Fishing Nets, Organic Cotton, PFC Free, Recycled Content, Traceable Down, Wool, and Yulex Natural Rubber.
Another cost driver is the cost of the processes used to manufacture the products, such as labor costs, transportation costs, and overhead costs. Additionally, other cost drivers may include the cost of marketing and advertising, as well as the cost of research and development.
By taking into account all of these cost drivers, Patagonia can accurately price their products to ensure that they are profitable while also providing high-quality products to their customers.
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Curtis akers is a waiter at the dine and dance inn. he did not keep any records of his tips because he never consulted with his tax advisor. here is his w-2. what is the total amount of social security and medicare tax (on unreported tip income) that will be reported on form 4137, line 13?
It is correct to state that on the W-2 Form, the total amount of tips that Curtis should report on Form 4137 is "None of the above" (Option E)
What is the total amount of tips to be reported?The Total amount to be reported is: $17, 058.
To determine the total amount of tips to report on Form 4137, line 2, tally up all of the tips you got throughout the tax year. Because tips are taxable income, it is critical to disclose any tips received, even if you did not get a Form W-2 or Form 1099-MISC including your tips.
To figure out your total tips, tally up all of the tips you received from your company as well as any tips you received directly from customers or clients.
This covers both monetary and non-cash tips, such as the value of tickets or passes received as a tip. If you got tips from other employees through a tip-sharing or pooling agreement, you must include your part of the tips in your total.
The objective of Form 4137 is to compute the social security and Medicare taxes due on tips that you did not reveal to your employer, including any allocated tips displayed on your Form(s) W-2 that must be reported as income. You must also report your income on Form 1040, 1040-SR, or 1040-NR, Line 1c.
Thus, based on the form, the total amount of tips to be reported is given as:
Medicare Wage and tips - $9,689
+
Social Security Tips - $ 2,320
+
Allocated Tips - $ 5,049
= $17, 058
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Full Question:
Curtis Akers is a waiter at the Dine and Dance Inn. He did not keep any records of his tips because he never consulted with his tax advisor. Here is his W-2.
What is the total amount of tips to be reported on Form 4137, line 2?
Select one:
a. $2,320
b. $2,729
c. $5,049
d. $7,369
e. None of these
[See attached image]
Self-assessments must always be formalized instruments of
measurement.
O True
O False
Answer:
true I believe I'm not completely sure though
Explanation:
write a sample audit question from the following process
criteria purchasing process (procedure 3.2) states: "all purchases
must be made from an approved supplier"
1. Is there a list of approved suppliers available for reference during the purchasing process?
2. Have any purchases been made from a non-approved supplier? If so, what was the justification for doing so?
3. Is there a process in place for updating the list of approved suppliers?
4. Are there formal reviews for assessing supplier performance?
5. What is one benefit of having a career as opposed to a job?
A:advancement
B:money
C :ability to pay bills
D :extra education
Answer:
the answer is A: advancement
Explanation:
I took the quiz and got 100% and the only other one that make sense is money but you get money from a job
Currently, you can exchange $1 for SF 1.14. Assume that the average inflation rate in the U.S. over the next two years will be 2.5 percent annually as compared to 3 percent in Switzerland. Based on this information and relative purchasing power parity, which one of the following assumptions can you make regarding the next two years?
A. The Swiss franc will appreciate against all currencies.
B. The Swiss franc will appreciate against the U.S. dollar.
C. The U.S. dollar will appreciate against all currencies.
D. The U.S. dollar will appreciate against the Swiss franc.
E. Both the U.S. dollar and the Swiss franc will appreciate against all other currencies.
In the next two years, the U.S. dollar will appreciate against the Swiss franc.
Exchange rate is the rate at which one currency is exchanged for another currency. In this equation $1 would be exchanged for SF1.14.
Purchasing power parity theory states that the same basket of books would cost the same when the exchange rate between the countries have been adjusted for. If the inflation rate of one country is expected to increase more than that of the other country, the country with the higher inflation rate, will experience a depreciation of its currency.
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Define the term unemployment and explain the relationship between unemployment and crime
Answer:
The term unemployment refers to a situation where a person actively searches for employment but is unable to find work.
an illegal act for which someone can be punished by the government. especially : a gross violation of law. : a grave offense especially against morality
Explanation:
hope it helps️️
True/False
Indicate whether the statement is true or false.
1. Revenue and expense accounts must be closed out because their balances apply to only one accounting
period.
True or false?
Answer:
True
Explanation:
Revenue accounts are accounts were entries of the sales of products as well as the revenue generated by firm or company are properly recorded.
Expense accounts are accounts where that show us the expenses generated by a firm or company. Such expenses are the things the company spends money on which could be purchase of raw materials, payment of labour, repairs of machineries e.t.c.
An accounting period is a duration of time where accounts in a firm or company are balanced and closed for that period.
Revenue and expense accounts must be closed out because their balances apply to only one accounting
period.
As a type of retailer, category specialists are fierce competitors using
a. Highly trained personnel throughout the stores.
b. A complete assortment in a specific category at low prices.
c. All of the above
d. None of the above
The correct answer is option c, as both statements (a and b) accurately describe the characteristics and strategies employed by category specialists.
c. all of the above
category specialists, as a type of retailer, are known for their competitive edge. they excel by employing highly trained personnel throughout their stores and offering a comprehensive assortment of products within a specific category at affordable prices.
these specialists prioritize expertise and knowledge in their chosen category, providing customers with a wide range of options and value for their money. by combining skilled staff members with an extensive selection of products, category specialists establish themselves as formidable competitors in the retail industry. their approach enables them to cater to specific customer needs and preferences while maintaining a competitive edge in terms of price and expertise.
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· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%
Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.
What does the check say?The check notes that Hope's retirement contribution is not included in her federal taxable income.
This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.
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Many nations restrict hedging of their currencies due to their national and international policies and interests.
Answer: False
Explanation:
Currency hedging is defined as plan to reduce the influence of foreign exchange on international investment. Many nation's partake in hedging of their currency in order to protect or reduce foreign exchange effect on their currency. They do these by either foreign currency option, forward contracts or spot contracts. It is a safe measure that should be applied by countries for their currency.
Which of the following statements about the impact of scarcity in every economic system is correct?
A )It imposes limitations not only on households, businesses, and governments, but on whole nations
B)It imposes limitations primarily on local and state governments as opposed to the national government, which is typically unaffected
C)Households rarely experience the effects of scarcity, which primarily affects business and government affairs
D)Businesses benefit from scarcity, which allows them to expand the reach of their operations, while scarcity causes households to suffer
Answer:
A
Explanation:
the centers for disease control and prevention (cdc) estimates that cigarette smoking causes more than 480,000 deaths each year in the united states. cigarette smoking also carries a significant financial burden, with an estimated $170 billion of direct medical expenses and another $156 billion lost from lower worker productivity annually. suppose the market demand and supply for cigarettes in the u.s. is represented in the accompanying graph. a. place point a on the initial equilibrium in the market with no government intervention.
A place point on the initial equilibrium in the market with no government intervention is $7/pack
Equilibrium is achieved in the market
where Qs = Qo
Equilibrium quantity Q* = 240bn
Price P* $7/pack
Equilibrium is a 2002 American dystopian science fiction film[4] written and directed by Kurt Wimmer, and starring Christian Bale, Emily Watson, and Taye Diggs. The film follows John Preston (Christian Bale), an enforcement officer in a future wherein feelings and inventive expression are outlawed, and citizens take each day injections of effective psychoactive drugs to suppress their emotions.
After by chance lacking a dose, Preston begins to enjoy feelings, which makes him question his morality and mild his movements whilst trying to remain undetected with the aid of the suspicious society in which he lives. ultimately, he aids a resistance motion through the usage of advanced martial arts, which he became taught by the regime he is helping to overthrow.
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Celebrities can appeal to ethos when they promote products that
A. are related to their field.
B. people want to buy.
C. might help people.
D. are not well known.
Answer:
B because what celebrity won't they love money
Answer:
B
Explanation:
BEcause celebs
Write a SWOT Analysis for the companies listed: Hope of the Valley Rescue Mission, Salvation Army, and for Linc Housing
Strengths: Established reputation: Hope of the Valley Rescue Mission has built a strong reputation for providing shelter, food, and support services to homeless individuals and families.
Extensive network: The organization has a wide network of partnerships with local communities, businesses, and government agencies, enabling them to access resources and support. Diverse service offerings: They offer a range of services, including emergency shelter, transitional housing, job training, healthcare, and counseling, addressing multiple needs of the homeless population. Weaknesses: Funding challenges: Like many nonprofit organizations, funding can be a significant challenge for Hope of the Valley Rescue Mission. Relying on donations and grants may lead to financial instability and limited resources. Capacity constraints: Limited physical space and resources may limit the number of individuals and families that can be accommodated and served at any given time.
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what is quality management
What is the first step in the standard purchasing process practiced by most
companies?
A. Solicit bids
B. Requisition
C. Invoicing
D. Purchase order
Answer:
B. requisition
Explanation:
i have done this before, hope i helped
What are the importance of training for all types of occupations?
Answer:
Hi
Explanation:
It helps to imvrove your skills in order to move forward and it also gives opportunities to know better something you want
Thank you
Europe wanted luxury products and exchanged the finished products for silver from what country?
Europe wanted luxury products and exchanged the finished products for silver from Bolivia and Mexico.
What is Trading?
Trading is the act of buying and selling financial items including stocks, bonds, currencies, and commodities, as opposed to investing, which suggests a buy-and-hold strategy. The ability of a trader to achieve long-term profitability is crucial to success in trading.
Henry has food but needs wool, in contrast to Liam who has wool but needs food. To please both of them, Liam and Henry will trade food for wool in order for Liam to get food and Henry to get wool. The pinnacle of trading is this.
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what is money market
Answer:
Money market consists of various financial institutions and dealers, who seek to borrow or loan securities.
companies use a predetermined overhead rate rather than an actual overhead rate because ______.
Companies use a predetermined overhead rate rather than an actual overhead rate because to get around this problem.
For businesses, using a predetermined overhead rate rather than an actual overhead rate can be beneficial in many ways.
Predetermined overhead rates provide a consistent and reliable estimate for the total overhead costs of a company, helping to ensure that sufficient funds are being allocated for these costs.
This type of rate also allows for easier budgeting since the amount of overhead costs is known in advance, rather than changing from project to project due to fluctuating actual costs. By using a predetermined overhead rate, companies can easily plan for and budget their overhead costs, helping them to stay on track financially.
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According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain equal?
Answer:
According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.
Explanation:
The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.
Answer:
The wage rate for that job will be pushed down.
Explanation: I just took the test and got it right
Eddie sells furniture and earns 12% commission. This week he sold a couch for $1234, a bedroom suite for $1789, and a chair for $563. (4 pts.)
Complete question :
Eddie sells furniture and earns 12% commission. This week he sold a couch for $1234, a bedroom suite for $1789, and a chair for $563. Calculate Eddie's commission.
Answer:
$717.20
Explanation:
Given that :
Percentage commission earned on sale = 12%
Cost of items sold this week:
Couch = $1234
Bedroom suite = $1789
Chair = $563
Total cost of items :
($1234 + $1789 + $563) = $3586
Commission of 20% on sales :
20% of $3586
0.2 * $3586
= $717.20
a commuter railway has 800 passengers per day and charges each one two dollars per day. for each 1 cents that the fare is increased, 5 fewer people will go by train. what is the greatest profit that can be earned?
The biggest profit that can be made is $ 4,050 with 450 passengers.
To know how many passengers the train needs to obtain the greatest profit, it is necessary to carry out the following operation.
Subtract 5 passengers from the total passengers, and then multiply the result by $ 2.1 as shown below:800 - 5 = 495795 x $ 2.1 = $ 1,680This operation must be carried out repeatedly, decreasing by 5 passengers and increasing the value of the railway ticket by $ 0.1.
The highest value of gain that can be found with this procedure is as follows:
800 - 350 = 450450 x $ 9.0 = $ 4,050.Learn more in: https://brainly.com/question/14918190
how should the entries to a schedule of accounts payable be ordered
a. by date received
b. alphabetically by vendor name
c. by amount due from most to least
d. by date due
The entries in a schedule of accounts payable would be ordered alphabetically by vendors name.
What is the use of a schedule of accounts payable?A schedule of accounts payable is a list of all the vendors in the ledger of accounts payable to whom the business is currently indebted, together with the balances of their current accounts. In other words, the accounts payable schedule is a list of everyone to whom the company owes money in the accounts payable systems in alphabetical order.
There are two key benefits to using the accounts payable schedule. This schedule, first and foremost, enables managers as well as the accounts payable division to keep track of and arrange the vendor accounts that need to be paid. For instance, the majority of manufacturers and retailers purchase inventory and products from other companies.
Cash payments for these transactions are uncommon. Instead, the buying business merely places the acquisition on credit and pays the vendor within 30 days well after purchase. This technology accelerates corporate operations and makes it simpler for enterprises to purchase things.
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Answer: d. by date due
Explanation: I just took the test.
Taunton issued 62,000 new shares of its common stock valued at $2.75 per share for all of the outstanding stock of Eubanks. Assume that Taunton acquired Eubanks on January 1, 2020. Immediately afterwards, what is the reported amount of the consolidated Common Stock
To calculate the reported amount of the consolidated Common Stock after Taunton acquired Eubanks on January 1, 2020, you will need to know the number of Taunton's outstanding shares and their value before the acquisition.
Unfortunately, that information is not provided in your question.
However, I can help you with the value of the 62,000 new shares issued by Taunton. To find this, you can multiply the number of new shares (62,000) by the value per share ($2.75):
62,000 shares × $2.75 per share = $170,500
This is the value of the new shares issued for the acquisition of Eubanks. To find the total consolidated Common Stock value, you would need to add this amount to the existing value of Taunton's Common Stock before the acquisition.
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Morabido mails registered letters, sends e-mails, and places ads in local newspapers where it sold a defective weed killer. Huntington knows of the recall but ignores it, applies the weed killer to his crops, suffers damages, and sues. Which defense can Morabido use at trial?
The defense which Morabido can use at trial is:
Assumption of RiskWhat is Assumption of Risk?This refers to the defense which is used in the law court to try to prevent a plaintiff from making a recovery based on negligence.
WIth this in mind, we can see that Morabito can make use of assumption of risk to show that because Huntington knew of the defect but went ahead to make use of weed killers.
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Problem 3-10
Describing Business Transactions 1. The owner invested $30,000 in the business.
2. 3. 4. 5. 10. Analyze: 6. 7. 8. 9. Problem
3-11
Completing the Accounting Equation Assets Accounts Receivable 1 2 3 4 5 6 7 8 Cash in Bank $ 3,000 $ 8,000 $ 4,000 $ 9,000 $ 10,000 $ 6,000 Analyze: + + + + + + + + $ 2,000 $ 9,000 $ 1,000 $ 7,000 $ 14,000 $ 4,000 $ 5,000 + + + + + Business Equipment $ 1,000 + $ 10,000 $ 4,000 $ 6,000 $ 10,000 + $ 9,000 = = = = Liabilities Accounts Payable $ 500 $ 2,000 $ 1,000 $ 5,000 $ 6,000 $ 1,000 + + + + + + + + Owner's Equity Richard Tang, Capital $ 7,500 $ 16,000 $ 15,000 $ 17,000 $ 32,000 $ 15,000
Answer:
$ 5,000 $ 6,000 $ 1,000
Explanation:
$ 5,000 $ 6,000 $ 1,000 is the amount that has come out of the Business Transactions.
What is the meaning of Transactions?
An executed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. This straightforward definition might be challenging in corporate bookkeeping.
A transaction is a commercial occurrence that results in a monetary impact on the financial statements of a company and is noted as an entry in the accounting records of that firm. Here are some examples of transactions: paying a supplier for products or services received.
Any business activity that has an immediate impact on the company's financial situation and financial statements is referred to as an accounting transaction. Sales made to customers on credit and sales made in cash are two examples of these types of transactions. An agreement between a buyer and a seller constitutes a transaction. In a transaction, the seller exchanges cash for the provision of goods, services, or other financial assets.
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