when you pay garnishments like child support, you should: a. categorize the payment against the liability account. b. categorize the payment to the correct company expense. c. let the employee make the payment themselves. a and b.
Answers
A financial asset combination known as an asset base is one in which a variety of financial assets are deposited with the goal of creating surplus value. It's also referred to as a portfolio.
What exactly is a portfolio?A portfolio is made up of financial assets, such as securities, bonds, commodities, monetary, and cash equivalents, such as closed-end funds and exchange-traded funds. The majority of people believe that cash, bonds, and stocks make the cornerstone of a portfolio.
A portfolio containing an example is what?A portfolio is, in the most basic sense, a grouping of investments that packets, bonds, cash, and other kinds of assets. It's customary to invest in many asset classes, such as stocks, bonds, and commodities; nevertheless, your portfolio is made up of all of these assets.
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You plan to operate a basketball camp during the summer at Duke University. The total number of participants is 200. Camp participants will stay three nights in the university dormitories, and each room will house two camp participants. Duke charges you $40 per room each night. Liability insurance to run the camp will cost $3,000. Meals for the three day camp will cost $6,000. Duke will not charge you for the use of the basketball facility. Nike will provide sporting goods to be used by, and given to, participants. You and your partner each want to make $8,000 profit from running the camp. How much will you have to charge each participant to meet your goal?
Answers
Answer:
$245 per participant
Explanation:
total number of participants = 200
total costs for 200 participants:
$40 per night x 3 nights x 200 = $24,000 for rooms$3,000 for insurance$6,000 for mealstotal costs = $33,000
if you want to earn $16,000 in profits ($8,000 each),
price per participant = ($33,000 + $16,000) / 200 = $49,000 / 200 = $245
in a small, closed economy, national income (gdp) is $750.00 million $ 750.00 million for the current quarter. individuals have spent $300.00 million $ 300.00 million on the consumption of goods and services. they have paid a total of $250.00 million $ 250.00 million in taxes, and the government has spent $400.00 million $ 400.00 million on goods and services this quarter. use this information and the national income identity to answer the questions. how much is spent on investment in this economy?
Answers
In this small closed economy, $50 million is spent on investment. This is calculated using the national income identity: GDP = C + I + G.
In a closed economy, the national income identity is GDP = C + I + G, where GDP is the Gross Domestic Product, C is consumption spending by individuals on goods and services, I is investment spending by businesses on capital goods and G is government spending on goods and services. In this scenario, we know that GDP is $750 million, C is $300 million and G is $400 million. We can use this information to solve for I:
GDP = C + I + G 750 = 300 + I + 400 I = 750 - 300 - 400 I = 50
Therefore, in this economy $50 million is spent on investment.
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the success of unions associated with service jobs and the decline of unions associated with manufacturing jobs that have moved overseas suggests that group of answer choices industries most subject to global labor competition are those in which workers are the most vulnerable. corporations are likely to try to eliminate service positions first during times of economic hardship. service sector work is far more desirable than work in the manufacturing sector. antagonism between workers and employers in the manufacturing sector has greatly receded.
Answers
The success of unions associated with service jobs and the decline of unions associated with manufacturing jobs that have moved overseas suggests that the industries most subject to global labor competition are those in which workers are the most vulnerable.
This vulnerability stems from the fact that corporations are likely to try to eliminate service positions first during times of economic hardship. While service sector work may be more desirable than work in the manufacturing sector, the decline in manufacturing jobs has created a shift towards service jobs, which puts more pressure on the service sector to remain competitive.
This can result in a decline in unionization rates in the service sector, which makes workers more vulnerable to exploitation by corporations. As a result, it is important for unions to continue to advocate for workers' rights and protections, regardless of the industry in which they work.
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which section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question?
Answers
703(m) of Title VII section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question.
What is title VII religious exemption??In accordance with Title VII of the Civil Rights Act, businesses must make reasonable accommodations for their employees' honestly held religious views, practises, and observances. Employment discrimination based on religion is also prohibited.
What are examples of religious accommodations?Schedule adjustments (arrivals, departures, floating/optional holidays, flexible work breaks, and any other scheduling adjustments); voluntary shift substitutions and/or swaps; job reassignments, such as changes of position tasks and lateral transfers; and modifications are examples of religious accommodations.
What is an example of a religious belief?Examples of religious views are as follows: the conviction of some Christians that wearing a cross as a representation of your faith is appropriate. the notion that a woman should cover her body or head when practising Islam. the acceptance of intelligent design or creationism.
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individuals normally incur a tax penalty if funds are drawn from a traditional ira before the age of 59 1/2. quizlet
Answers
Early withdrawal from a traditional IRA before age 59 1/2 incurs a 10% tax penalty imposed by the IRS, with exceptions for certain circumstances. It is advisable to wait until reaching the age of 59 1/2 to avoid the penalty and maximize tax advantages.
Individuals normally incur a tax penalty if funds are withdrawn from a traditional IRA before the age of 59 1/2. This penalty is known as an early withdrawal penalty and is imposed by the Internal Revenue Service (IRS) in the United States. The penalty is typically 10% of the amount withdrawn and is in addition to any income tax owed on the withdrawal. There are certain exceptions to the penalty, such as for medical expenses, disability, first-time homebuyers, or qualified higher education expenses. However, in general, it is advisable to keep funds in a traditional IRA until reaching the age of 59 1/2 to avoid the tax penalty and maximize the tax advantages of the account.
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_____ tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of economic weakness. a. Capital goods b. Financial stocks cyclical companies do. Consumer staples e. Consumer durable goods
Answers
Widget Works has a cost of equity of 17.1 percent. The market risk premium is 9.2 percent and the risk-free rate is 3.3 percent. The company is acquiring a competitor, which will increase the company's beta to 1.7. What effect, if any, will the acquisition have on the firm's cost of equity capital? Decrease of 2.62 percent Increase of 2.62 percent Increase of 1.84 percent No effect Decrease of 1.84 percent
Answers
The acquisition of the competitor will have an effect on the firm's cost of equity capital.
To determine the effect, we need to consider the relationship between beta and the cost of equity capital.
The cost of equity capital is determined using the Capital Asset Pricing Model (CAPM), which is given by the formula:
Cost of Equity = Risk-Free Rate + Beta * Market Risk Premium
Before the acquisition, the company's beta is not provided, so we need to calculate it based on the given information. Using the CAPM formula, we can calculate the initial beta as follows:
Cost of Equity = Risk-Free Rate + Beta * Market Risk Premium
17.1% = 3.3% + Beta * 9.2%
Beta = (17.1% - 3.3%) / 9.2%
Beta ≈ 1.74
After the acquisition, the company's beta will increase to 1.7. Comparing the initial beta of 1.74 with the post-acquisition beta of 1.7, we can see that the acquisition will have no effect on the firm's cost of equity capital. Therefore, the correct answer is "No effect."
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an account that earns ___ interest will result in a higher annual percentage yield
Answers
Answer:
The annual percentage yield (APY) is paid to a depositor by a financial institution. The percentage is based on the existing amount after a certain period. If the owner of saving account choose not to take out the past interest revenue, the amount would be compounded for future years.
Answer:
The answer is C. Compound
Explanation:
I took the quiz :) your welcome <3
new deal farm programs were designed to reduce supply and raise prices. opponents objected because they thought
Answers
The opponents of the New Deal farm programs objected to them because they believed that these programs would lead to government intervention in the economy, which they saw as a threat to free market principles. They argued that reducing supply and raising prices artificially would distort the natural supply and demand dynamics of the market.
1. One reason opponents objected to the farm programs was the belief that reducing supply and raising prices would result in inefficiencies and market distortions. They argued that the government should not interfere in the pricing mechanism of the free market.
2. Critics also contended that by artificially increasing prices, the farm programs would burden consumers with higher costs for agricultural products. This could potentially lead to decreased affordability and economic strain for consumers.
3. Additionally, opponents of the New Deal farm programs believed that reducing supply and raising prices would disproportionately benefit larger agricultural producers and landowners, while potentially disadvantaging smaller farmers. They argued that this would lead to further concentration of wealth and power in the agricultural sector.
4. Some opponents also raised concerns about the long-term sustainability of the farm programs. They argued that artificially propping up prices could create market imbalances and hinder innovation and efficiency improvements in the agricultural sector.
Overall, opponents objected to the New Deal farm programs because they saw them as a departure from free market principles and believed that they would lead to inefficiencies, increased costs for consumers, and potential concentration of wealth and power in the agricultural sector.
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Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with each other that will help us from feeling jealous if one of us wins and one loses. We've decided that if one of us wins, that person will share the prize money with one another.
Answers
Answer:
truce
Explanation:
Here is the full question :
Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But
we've just made a _____with each other that will help us from feeling jealous if one of us
wins and one loses. We've decided that if one of us wins that person will share the prize money
with the other one.
Which word BEST completes the sentence?
truce
alliance
treaty
pact
A truce is an agreement between people to stop fighting for a limited.
Sol and his best friend made an agreement that would stop them from fighting
A pact is an agreement between people
Answer:
Truce (that the correct one).
Explanation:
all income that a business receives over a period of time is called profit. True/False
Answers
Untrue Profit is the term used to describe all income that only a business makes over time.
Which income do you mean?In general, the phrase "income" refers to the sum of money, assets, and other transfers in value obtained over a predetermined time frame in exchange for goods or services. The definition of income depends on the context where it's utilized; there isn't a single, universal definition.
Describe the income formula.A net income formula is determined by the distinction between the total amount of revenue and total expenses. Net Income ≈ Total Revenue – Total Costs is the formula used to calculate it.
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Prepare a Statement of Fiduciary Net Position for the Employees’ Retirement Fund as of June 30, 2020
Answers
The Employees' Retirement Fund of Sweetwater had assets of $6,751,000 and liabilities of $944,000 as of June 30, 2020. It earned $1,435,000 in investment income and paid out $890,000 in benefits. The fund purchased $780,000 in new investments and realized a $42,000 loss on its stocks.
Based on the information provided, the Statement of Fiduciary Net Position for the City of Sweetwater Employees' Retirement Fund as of June 30, 2020 is
City of Sweetwater Employees' Retirement Fund Statement of Fiduciary Net Position As of June 30, 2020
Assets:
Cash $ 461,000
Accrued Interest Receivable 45,000
Investments, at Fair Value:
Bonds 4,528,000
Common Stocks 1,080,000
Total Assets 6,114,000
Liabilities:
Accounts Payable and Accrued Expenses -0-
Fiduciary Net Position Restricted for Pensions $6,114,000
Changes in Fiduciary Net Position for the Year Ended June 30, 2020:
Additions:
Contributions:
Member contributions $ 275,000
City's General Fund contributions 800,000
Investment Income:
Interest Income 280,000
Dividends 40,000
Total Additions 1,395,000
Deductions:
Benefit payments:
Annuity benefits 730,000
Disability benefits 160,000
Refunds to terminated, nonvested participants 79,000
Administrative expenses -0-
Total Deductions 969,000
Net Increase 426,000
Fiduciary Net Position Restricted for Pensions, July 1, 2019 5,635,000
Fiduciary Net Position Restricted for Pensions, June 30, 2020 $6,061,000.
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_____The given question is incomplete, the complete question is given below:
The City of Sweetwater maintains an Employees’ Retirement Fund, a single-employer defined benefit plan that provides annuity and disability benefits. The fund is financed by actuarially determined contributions from the city’s General Fund and by contributions from employees. Administration of the retirement fund is handled by General Fund employees, and the retirement fund does not bear any administrative expenses. The Statement of Fiduciary Net Position for the Employees’ Retirement Fund as of July 1, 2019, is below stated: CITY OF SWEETWATER Employees’ Retirement Fund Statement of Fiduciary Net Position As of July 1, 2019 Assets Cash $ 130,000 Accrued Interest Receivable 55,000 Investments, at Fair Value: Bonds 4,500,000 Common Stocks 1,300,000 Total Assets 5,985,000 Liabilities Accounts Payable and Accrued Expenses 350,000 Fiduciary Net Position Restricted for Pensions $5,635,000 During the year ended June 30, 2020, the following transactions occurred: The interest receivable on investments was collected in cash. Member contributions in the amount of $275,000 were received in cash. The city’s General Fund also contributed $800,000 in cash. Annuity benefits of $730,000 and disability benefits of $160,000 were recorded as liabilities. Accounts payable and accrued expenses in the amount of $950,000 were paid in cash. Interest income of $235,000 and dividends in the amount of $40,000 were received in cash. In addition, bond interest income of $45,000 was accrued at year-end. Refunds of $79,000 were made in cash to terminated, nonvested participants. Common stocks, carried at a fair value of $500,000, were sold for $475,000. That $475,000, plus an additional $305,000, was invested in stocks. At year-end, it was determined that the fair value of stocks held by the pension plan had decreased by $42,000; the fair value of bonds had increased by $33,000. Nominal accounts for the year were closed. Required: Prepare a Statement of Fiduciary Net Position for the Employees’ Retirement Fund as of June 30, 2020.
The goal of this project is to design a simulated automated teller machine (ATM) for a bank. For this project, you can think that all the customers who are using the system will be associated with the bank (i.e. the ATM system will not recognize an ATM card which is not associated with this bank). As soon as customers open an account with this bank, they receive a valid ATM debit card. The machine will be able to read from magnetic stripe reader of the debit card, will have a customer console (keyboard and display) for interaction with the customer, a slot for depositing envelopes, a dispenser for cash (in multiples of $20), a printer for printing customer receipts, and a key-operated switch to allow an operator to start or stop the machine.
Your deliverable for this project is to:
- Highlight the major project features as part of BRD and go into the details of project scope in FSD
- Justify what software development method should be used to resolve the problem and why? Would you outsource any of the components and if so, which outsourcing model you will use.
- Detail design document using UML diagram (you can choose which models to choose)
- Detail test cases for the project based on your design document
- Conclusion (preferably an implantation/communication plan)
Answers
The goal of this project is to design a simulated automated teller machine (ATM) for a bank.
The ATM machine should allow customers to withdraw cash, check their balance, and make deposits. The machine should read from a magnetic stripe reader, have a customer console for interaction, a slot for depositing envelopes, a dispenser for cash in multiples of $20, a printer for printing customer receipts, and a key-operated switch to allow an operator to start or stop the machine.
Objectives
Develop a software system that simulates an ATM machine for a bank.
Implement a user-friendly interface for customers to interact with the machine.
Enable customers to withdraw cash, check their balance, and make deposits using their debit card.
Ensure the security of the system and customer information.
Provide a reliable and efficient system that is easy to maintain.
Scope
The ATM system will only recognize debit cards associated with the bank. Customers will need to have an account with the bank to receive a valid ATM debit card. The system will allow customers to withdraw cash in multiples of $20, check their account balance, and make deposits by inserting envelopes containing checks or cash. The machine will be equipped with a magnetic stripe reader to read the debit card information. The system will also have a printer to print customer receipts for each transaction.
Functional Specification Document (FSD)
System Architecture
The ATM system will be designed as a client-server architecture. The client will be the ATM machine, and the server will be the bank's backend system. The machine will communicate with the backend system through a secure API. The system will be developed using object-oriented programming principles and will be built in Python.
User Interface
The ATM machine will have a customer console consisting of a keyboard and a display. The display will show the different transaction options available to the customer. The customer will use the keyboard to enter their transaction choices and input any necessary data, such as the amount of money to withdraw or deposit. The machine will also have a slot for depositing envelopes containing checks or cash.
Security
The ATM system will be designed with security as a top priority. The machine will use SSL/TLS encryption for secure communication with the backend system. The system will also use multi-factor authentication to ensure the security of the customer's account information.
Testing
The system will undergo rigorous testing to ensure its functionality, reliability, and security. The testing will include unit testing, integration testing, system testing, and acceptance testing.
Software Development Methodology
For this project, an Agile software development methodology would be appropriate. Agile methodologies prioritize customer collaboration, working software, and flexibility. Given that this project is for a bank, which is a highly regulated industry, it would be important to prioritize customer feedback and the ability to adapt to changing regulatory requirements.
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When historical cost is used to record equipment, it would appear as the:
A. original cost on the income statement.
B. original cost on the balance sheet.
C. residual value on the balance sheet.
D. residual value on the income statement.
E. none of the above
Answers
When historical cost is used to record equipment, it is initially recorded on the balance sheet at its original cost. The correct answer is option b.
The original cost represents the actual amount paid for the equipment at the time of acquisition. This original cost is considered the historical cost of the equipment and is used as the basis for recording and reporting the asset's value on the balance sheet.
The income statement, on the other hand, is primarily concerned with recording revenues and expenses related to the company's operations during a specific period. The cost of equipment is not typically included as an expense on the income statement unless it is subject to depreciation or any other applicable accounting treatment.
The residual value of the equipment refers to its estimated value at the end of its useful life. This value is not typically reported on the balance sheet or the income statement unless it becomes relevant for purposes such as impairment testing or disposal calculations.
Therefore, the original cost of the equipment would be reflected on the balance sheet when historical cost is used. The correct answer is option b.
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Statutes are usually passed in order to add or to change existing laws and to define laws for new situations that arise.
True
False
Answers
process
of dividing a large market into smaller groups
Answers
Answer:
Market segmentation
Explanation:
Market segmentation, the process of dividing a larger market into smaller pieces based on one or more meaningful, shared characteristics, is a way of life for almost all marketers in both consumer and business-to-business markets.
can you please mark me 'Brainliest'? thanks
Which one of the following bonds would be likely to exhibit a greater degree of interest rate risk? a. A zero-coupon bond with 20 years until maturity b. A coupon-paying bond with 20 years until maturity c. A floating-rate bond with 20 years until maturity d. A zero-coupon bond with 30 years until maturity
Answers
The correct answer is b. A coupon-paying bond with 20 years until maturity. Interest rate risk refers to the potential impact of changes in interest rates on the price and value of a bond.
Coupon-paying bonds, unlike zero-coupon bonds, provide periodic interest payments to bondholders. The presence of these coupon payments makes coupon-paying bonds more sensitive to changes in interest rates.
When interest rates rise, the fixed coupon payments of a coupon-paying bond become less attractive compared to prevailing market rates. As a result, the price of the bond tends to decrease. On the other hand, when interest rates decline, the fixed coupon payments become more desirable, leading to an increase in the bond's price.
The zero-coupon bond (a and d) is not affected by changes in prevailing interest rates because it does not pay periodic interest. The floating-rate bond (c) is designed to adjust its interest payments based on changes in a reference interest rate, making it less susceptible to interest rate risk compared to coupon-paying bonds.
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The monthly mortgage payment on the Flynn's home is $616.93. Additionally, they pay $1,468.11 in annual real estate taxes and $1,036 per year in homeowner's insurance. What is the total amount of their monthly payment? State your answer in terms of dollars, rounded to the nearest cent, but do not include a $ sign in your response. According to Housing Recommendation #2, if a family has a gross annual income of $217,000, what should be the maximum amount of a mortgage loan the family could afford? State your answer in terms of dollars, but do not include a $ sign in your response.
Answers
The maximum amount of a mortgage loan the family could afford is $651,000.
The total amount of the monthly payment is $746.76.
To find the total amount of the monthly payment, we add the monthly mortgage payment, annual real estate taxes, and the annual homeowner's insurance.
There are 12 months in a year, so:
Annual real estate taxes = $1,468.11
Annual homeowner's insurance = $1,03612 x $1,468.11 = $17,617.3212 x $1,036 = $12,432.00
Total annual amount of real estate taxes and homeowner's insurance:
$17,617.32 + $12,432.00 = $30,049.32
Total amount of the monthly payment: $616.93 + $2,504.11 ÷ 12 = $746.76 (rounded to the nearest cent)
According to Housing Recommendation #2, the maximum amount of a mortgage loan that a family with a gross annual income of $217,000 could afford is $651,000.
We can use the recommendation that a family's mortgage payment should be no more than 28% of their gross monthly income.
To find out the maximum mortgage loan, we need to find out the gross monthly income of the family:
Gross annual income = $217,000, Gross monthly income = $217,000 ÷ 12 = $18,083.33
Maximum mortgage payment = 28% of $18,083.33 = $5,062.50 per month
Maximum annual mortgage payment = $5,062.50 x 12 = $60,750
Maximum mortgage loan = $60,750 ÷ 0.093 (using an interest rate of 9.3%) = $651,000 (rounded to the nearest dollar)
Therefore, the maximum amount of a mortgage loan that a family with a gross annual income of $217,000 could afford is $651,000.
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How can I become rich???
Answers
Explanation:
1, Don’t focus on a job, use the income from your job to invest to create different forms of income
2, Fastest way to get rich is to form a business
that's it :)
Please help. Atleast the top 2
Answers
Answer:
Number 1 is Pure Market. Number two is socialist, I'm pretty sure.
Explanation:
Please mark me brainliest if someone else answers :>
steve jobs defined and shaped apple's culture, and his influence continued even after he left the company. this is known as .
Answers
The corporate culture of the company is centered on upholding a high degree of innovation that involves employees' imagination and a mindset that questions norms and standards, such as in the field of consumer electronics design.
Who is Apple's intended market?The middle-class and upper-class consumers who can afford to pay more for items that offer them a fantastic user experience make up Apple's target market.
What kind of management philosophy does Apple follow?The following components are integrated into Apple's leadership style: Democratic-style management. The current CEO, Tim Cook, emphasizes democratic leadership in contrast to the more autocratic leadership style of Apple co-founder and late CEO Steve Jobs.
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sellers will tend to be most concerned with customer satisfaction when a. it is difficult for the customer to evaluate product quality. b. they depend on repeat customers for most of their business. c. they sell primarily to tourists. d. they are a monopoly protected from competition by government licensing.
Answers
b. They depend on repeat customers for most of their business. Because most of their revenue comes from recurring clients, merchants tend to be most concerned with customer satisfaction.
Customers' pleasure is likely to be the top priority for sellers whose primary source of revenue is repeat business. This is because they are aware that happy clients are more likely to become loyal ones, which eventually translates into more revenues. Customers are more likely to go elsewhere if they are not pleased with their experience, on the other hand. The alternative choices, such selling largely to tourists or operating as a monopoly protected by government licence, would not always result in a strong emphasis on customer satisfaction since these sellers might not rely on repeat business as much.
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2. What do you think Alana's goals should be?
Answers
I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.
What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good educationLearn more about money here:
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how come ethics impact on psychology
Answers
Answer:
Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.
Explanation:
Discuss intellectual property frankly.
Be conscious of multiple roles.
Follow informed-consent rules.
Respect confidentiality and privacy.
Tap into ethics resources
A yield can be paid in the form of?
Answers
Answer:
both a and b
Explanation:
Which situation is most likely an indicator that an economy has reached a peak?
A. After months of consistently rising, the unemployment rate stayed the same for two months in a row.
B. After months without any change, the unemployment rate rose for two months in a row.
C. After months without any change, the gross domestic product fell for two months in a row.
D. After months of consistently rising, the gross domestic product
stayed the same for two months in a row.
Answers
One way to know that the economy has reached a peak is D. After months of consistently rising, the gross domestic product stayed the same for two months in a row.
What is a Peak?This refers to the state the economy reaches when it is producing the maximum amount it can produce. At this point unemployment is at the lowest because there is a lot of production.The GDP however, would not change at the peak because the economy would be producing the maximum it can.
In conclusion, option D is correct.
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PLEASE do your best on these questions, it’s 75% of my grade
Answers
Answer:
C
Explanation:
Im pretty sure its C. Everyone has to sign a lease when renting something
when a new product appeals to those segments of consumers who are willing to pay a high initial price to have an innovation first, marketers should use a
Answers
The best marketing approach for a new product that appeals to those segments of consumers who are willing to pay a high initial price to have an innovation first is a premium pricing strategy.
Premium pricing involves setting a higher price than the market average to reflect the superior quality of the product. By charging more for the product, companies send the message that their product is of higher quality and has greater value than competitors.
The key to a successful premium pricing strategy is to make sure the product is truly better than the competition. This could mean providing additional features, a higher quality product, or better customer service. If customers don’t perceive that the product is superior, then the premium pricing strategy is unlikely to be successful.
Marketers should also pay attention to the target market. If the target market is more price sensitive, then the premium pricing strategy is unlikely to be successful. On the other hand, if the target market is willing to pay more for a higher quality product, then a premium pricing strategy could be successful.
In conclusion, a premium pricing strategy is the best marketing approach for a new product that appeals to those segments of consumers who are willing to pay a high initial price to have an innovation first. In order to be successful, the product must be perceived as superior, and the target market should be willing to pay a premium price.
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.When a company is the recipient of a donated asset, the account credited may be a
Group of answer choices
deferred revenue account.
All of the other choices are correct.
revenue account.
paid-in capital account.
Answers
A company is the recipient of a donated asset, the account credited may be a revenue account, option c.
When a company receives a donated asset, it recognizes the fair market value of the asset as revenue. This is because the donation represents an increase in the company's economic benefits. Therefore, the correct answer is c) revenue account.
The other options mentioned are not typically used when recording donated assets. Deferred revenue is a liability account that represents unearned revenue, and it is not appropriate to record a donated asset as deferred revenue. Paid-in capital account is used to record contributions made by shareholders, which is not applicable in the case of a donated asset.
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how can you say that office is an information centre?
Answers
Answer:
hope this helps
Explanation:
An office is an information center which provides information relating to business transactions. Such information is very useful. It is used by management for the purpose of planning, organizing, staffing, directing and controlling.Information Center: The office serves as an information centre. It collects information from sources like invoices, letters, memos, agreements, vouchers etc., and protects them in safe mode on the basis of their importance for future reference.It is used by management for the purpose of planning, organizing, staffing, directing and controlling. Office not only keeps record of information but also plays the role of reliable channel of communicating the information. It is required for smooth functioning of the organization.
Answer:
Explanation:
I think information centre is designed specifically for storing, processing, and retrieving information for dissemination at regular intervals. if the office is doing so then you can say that it is information centre.