A firm will start generating positive accounting profits the point at which revenues exceed total fixed costs.
What is total fixed costs?The cost of a company expense is said to as a fixed cost if it remains constant regardless of whether more or fewer goods and services are produced or sold.
It's common practice to reduce fixed expenses by using shutdown points.
Fixed costs are frequently associated with ongoing costs like rent, interest payments, and insurance that aren't directly tied to productivity.
In general, fixed expenses are indirect because they have nothing to do with the creation of any goods or services by a corporation.
These expenses are one of two different business expenses, the other being variable expenses, which combined make up their overall expenses.
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What savings account type would best meet your future needs?
The best savings account type for your future needs will depend on your individual financial goals and situation. For the highest rate of return, a high-yield savings account may be the best option. For a more secure option, a money market account or certificate of deposit may be more appropriate for flexibility and access to your funds, an online savings account may be a better choice.
High-yield savings accounts generally have higher interest rates, but they may also have higher fees and minimum balance requirements. Money market accounts and certificates of deposit generally have lower interest rates but also offer FDIC insurance and a higher level of security. Online savings accounts are convenient and generally have competitive interest rates, but they may have more limited access to funds than some traditional savings accounts. Ultimately, it is important to consider your financial goals and objectives when choosing the best savings account type for your future needs. Consider the interest rates, fees, and access to funds to determine the option that is most beneficial for your particular situation.
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An inexperienced accountant for Prestwick Company prepared the following income statement for the month of August, current year.
PRESTWICK COMPANY
AUGUST 31, CURRENT YEAR
Revenues:
Services provided to customers $ 13,000
Investment by stockholders 5,000
Loan from bank 15,000 $ 33,000
Expenses:
Payments to long-term creditors $ 11,700
Expenses required to provide services to customers 9,500
Purchase of land 16,000 37,200
Net income $ 4,200
Prepare a revised income statement in accordance with generally accepted accounting principles.
If an inexperienced accountant for Prestwick Company prepared the following income statement for the month of August, current year. The revised income statement in accordance with generally accepted accounting principles is $3,500.
What is income statement?Income statement can be defined as the statement that help to show the income and expense that a company incurred or generated.
A revised income statement in accordance with generally accepted accounting principles is shown below.
Prestwick Company Revised Income Statement For the Month Ended August 31, the Current Year
Services provided to customers $13,000
Less expenses required to provide services to customers $9,500
Net income $3,500
($13,000 - $9,500)
Therefore we can conclude that the income statement is $3,500.
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you own 170 shares of stock in halestorm, incorporated, that currently sells for $82.30 per share. the company has announced a dividend of $3.00 per share with an ex-dividend date of february 4. assuming no taxes, what is the value of the stock on february 4? multiple choice $80.80 $79.30 $85.30 $82.30 $78.25
The ex-dividend price of each share is $79.30. So, option (b) will be considered as suitable. The value of the stock on February 4 is $13,481.
Give a brief account on ex-dividend.An ex-dividend date indicates that a stock no longer carries the value of the upcoming dividend payment. The stock price of a firm begins trading without the value of its upcoming dividend payment on the ex-dividend date, often known as the "ex-date." Typically, a stock's ex-dividend date is one business day prior to the record date, which means that anyone who purchases the stock on or after that date will not be entitled to the announced dividend. The person who owned the stock the day before the ex-dividend date will instead get the dividend payout. On the ex-dividend date (ex-date) and after, a stock trades ex-dividend. A trader won't get the following dividend payout if they buy a stock on or after the ex-dividend date.
To solve the question :
Ex-dividend Price of each share = Price including Dividend - Dividend Per share
Ex-dividend Price of each share = $82.30 - $3.00
Ex-dividend Price of each share = $79.30
Value of the stock on February 4 = $79.30 × 170 shares
Value of the stock on February 4 = $13,481
Therefore, value of the stock on February 4 is $13,481
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Which of the following statements about point-of-service (POS) plans is TRDE?
a. A POS plan does not include the use of a deductible or coinsurance.
b. Out-of-network care is subject to higher deductible and higher coinsurance.
c. A POS plan does not require a primary care physician to manage in-network care.
d. A POS plan allows a subscriber to access care only in-network.
A POS plan allows a subscriber to access care both in-network and out-of-network, is a true sentence.
A point-of-service (POS) health insurance plan is a kind of managed-care insurance that offers various benefits based on whether the policyholder visits in-network or out-of-network medical professionals.
A point-of-service (POS) plan, often known as a gatekeeper PPO, offers both supervised out-of-network treatment and in-network managed care. Because of the higher coinsurance rates associated with out-of-network care, the patient's out-of-pocket expenses will rise. The payment model for all out-of-network services is fee-for-service.
A preferred provider organization (PPO) and a health mai ntenance organization (HMO) are the two types of health insurance that are most frequently used (PPO). A minor portion of the market for health insurance is made up of POS policies. The majority of policyholders either have HMO or PPO coverage.
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kamila is an unpaid worker in her family's restaurant. the bureau of labor statistics counts kamila as a.unemployed and in the labor force. b.a discouraged worker. c.employed and in the labor force. d.a marginally attached worker.
The bureau of labor statistics counts Kamila as employed and in the labor force. Thus option C is correct.
Who is a worker?A worker is someone who does work. Typically, this relates to an individual who performs manual labor, such as producing items.
No one who is neither engaged nor looking for work is considered to be in the labor market. The labor force is made up of both employed people and unemployed workers, and the jobless rate is calculated by dividing the percentage of jobless people by the total labor force.
If a person works for compensation or runs their own company for a minimum of an hour any day of every week, along with the twelfth of something like the month, people are regarded to be employed.
Therefore, option C is the correct option.
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which of the following statements about cash flows from financing activities is correct? multiple choice when a company borrows from lenders, a cash outflow from financing activities has occurred. when a company repurchases its own stock, a cash outflow for financing activities has occurred. when a company pays cash dividends, a cash inflow from financing activities has occurred. when a company receives cash dividends, a cash inflow from financing activities has occurred.
When a company repurchases its own stock, a cash outflow for financing activities has occurred. The appropriate response is option C.
What is cash outflow?Any money leaving a firm is referred to as a cash outflow. Salaries given to staff, upkeep of firm properties, and dividends due to shareholders are all clear examples of cash outflow faced by a variety of enterprises.
A share repurchase would lower the company's cash balances and, as a result, the overall value of its assets, by the amount of money used in the buyback. On the liabilities side, the repurchase will cause a corresponding reduction in shareholders' equity.
The appropriate response is option C.
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cassidy is part of the buying center for a large manufacturer. her field of expertise is logistics, and she is responsible for choosing transportation providers for the company. a sales representative for yellow roadway, a successful trucking firm, regularly buys cassidy's assistant lunch. the representative does this because he views the assistant as a(n)
As Cassidy is part of the buying center and a sales representative The representative regularly buys Cassidy's assistant lunch because he views the assistant as a) a gatekeeper and wants to be sure that information about his company reaches Cassidy.
In the field of business, logistics can be described as a part of the business that handles the transport of items or goods to customers.
As a sales representative, it is the job of the representative of yellow roadway to persuade Cassidy to choose their company for logistics purposes.
The assistant of Cassidy who will be standing at the gate is considered to be a gatekeeper by the sales representative. This is because logistic assistants are standing outside to see how delivery is proceeding. Hence, the representative thinks of Cassidy's assistant as a gatekeeper and buys her lunch so that she can persuade Cassidy for a meeting with the sales representative.
Although a part of your question is missing, you might be referring to this question:
Cassidy is part of the buying center for a large manufacturer. her field of expertise is logistics, and she is responsible for choosing transportation providers for the company. A sales representative for yellow roadway, a successful trucking firm, regularly buys Cassidy's assistant lunch. the representative does this because he views the assistant as _______ and wants to be sure that information about his company reaches Cassidy.
a) gatekeeper
b) beggar
c) company representative
d) none of the above
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Restatements of law can best be described as _________Multiple choiceA. laws that are restated according to what each state believes the law should be.B. summaries of common law rules in a particular area of the law that have been enacted by most states.C. restatements of classical cases that are still used today.D. laws that are followed at the federal level and forced on the states to follow.E. summaries of new statutes that are implemented by states each year.
Restatements of law can best be described as summaries of common law rules in a particular area of the law that have been enacted by most states.
Restatements are summaries that attempt to restate specific common law rules in light of their applicability in a particular area of interest. Restatements are always secondary sources of law that judges refer to. The American Law Institute (ALI) draughts restatements for the 15 areas where common law will apply, including Torts, Contracts, Property, Conflict of Laws, Foreign Relations Law, and Products Liability. They attempt to "restate" the legal rules that comprise common law in a specific legal area into a set of principles. They are produced by the American Legal Institute (ALI), a 1923 organisation comprised of prominent judges, lawyers, and scholars.
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total productive maintenance combines preventive maintenance with the concepts of total quality. group of answer choices true false
Total productive maintenance combines preventive maintenance with the concept of total quality. - True
Preventive maintenance and the ideas of overall quality are combined in total productive maintenance (TPM). To increase the overall productivity and efficiency of a production system, TPM actively incorporates all employees in the maintenance process. In addition to preventive maintenance, TPM also incorporates the concepts of total quality, which involves continually improving the quality and performance of all aspects of a production system
Preventive maintenance, which is routinely examining and fixing the equipment to avoid malfunctions and downtime, is one of the fundamental tenets of TPM. This can help to guarantee that production machinery is always in good operating order and capable of performing at its highest level of efficiency.
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which of the three tax systems is regressive? a. tax system c b. tax systems b and c c. tax system b d. tax system a
Burglar John infiltrated a house. Unfortunately, he has a relatively small backpack which helps him to carry at most 40 lbs. Possessing a discriminating eye, he can immediately determine how much the items worth. There are 5 different items available. His aim is to maximize the dollar value of the stuff carried away, the overall weight being less than the weight he can carry by using his backpack. Weight and value of each item is given in the following table.
Item Weight(lbs.) Value($) Available
1 30 15 1
2 18 12 1
3 50 45 1
4 24 20 1
What will be the first item the burglar should choose?
A) Item 1
B) Item 2
C) Item 3
D) Item 4
Answer:
Part A: (3 50 45 1)
Part B: (C)
Explanation:
Weight and value of each item is given in the following table is 50 45 1. Item 3 will be the first item the burglar should choose. Hence, option C and C are correct.
What is Weight and value?Weight and value is a thorough research into the social and economic realities of the Bronze Age that may be inferred from weights. The extent to which the economy in Bronze Age Europe, West Asia, and South Asia was founded on exact judgments of value and the degree to which it was weight-related will be examined.
ratio of alue to weight A product's value to weight ratio serves as a gauge for how much money it is worth per kilogram or pound. This is a crucial metric used in supply chain strategy and design.
This is a crucial metric used in supply chain strategy and design. Inventory holding is one of the most crucial elements that determines how a product will be delivered to its market and customers.
Thus, option C and C are correct.
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Are potatoes a perfectly competitive market?
Potato cultivation is extremely competitive, much like farming for most other agricultural goods (i.e. very close to a perfectly competitive market). Thus, supply and demand play a role in setting prices.
What is a perfectly competitive market?According to economic theory, perfect competition exists when all businesses sell the same goods, market share has no impact on pricing, businesses can enter or quit the market without any obstacles, consumers have perfect or complete knowledge, and businesses are unable to set prices. One standard or ideal kind to which actual market structures might be contrasted is perfect competition.
Theoretically, monopolies, in which only one company provides an item or service and that company is free to set its own prices since consumers have no other options and it is impossible for potential rivals to enter the market, are the reverse of perfect competition. The Cambridge School of post-classical economic thought is where the modern notion of imperfect versus perfect competition originated.
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Which of the following is NOT true about closing entries?
Temporary accounts are closed to ensure accurate summary reporting.
Closing entries are posted to the general ledger accounts.
Closing entries are created to show changes in equity.
Temporary account balances are carried over to the next accounting period.
Option d) Temporary account balances are carried over to the next accounting period is NOT true about closing entries.
Simply put, a closing journal (entries) is a series of journal entries created to move balances from temporary general ledger accounts at the end of an accounting period.
Income, Expenses, Withdrawals/Dividends to Permanent Ledger Accounts, etc.
This is like resetting a temporary account balance to zero to clean it up for the next accounting period, but the account on the balance sheet will have a balance at the same time.
A Temporary Account is a temporary account that tracks a company's financial activities during a specific period of time. These accounts are short-term and are typically closed at the end of each accounting period.
These accounts are short-term and are typically closed at the end of each accounting period.
Hence, Temporary account balances are carried over to the next accounting period is NOT true about closing entries.
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How long does an assessment day take?
The length of assessment days can vary, but they usually last one afternoon or a couple of days.
What is assessment day?Presentations, group projects, written tests, role plays, and an individual interview are common activities on assessment days, which may necessitate preparation.An assessment day is the final step in the hiring process for most graduate jobs or schemes. While they can be intimidating, they are also an excellent way to demonstrate a wider range of skills and competencies than an interview.They also give assessors an idea of the candidate's current skills. Because they are usually performed under time constraints, they can be difficult, so candidates should practice before their assessment day.An assessment is the part of the interviewing process that tests a candidate's industry knowledge, personality traits, and observational abilities.To learn more about assessment refer to :
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Unlike business-to-consumer (B2C) e-commerce, business-to-business (B2B) e-commerce:
O involves lower sums of money.
O requires much less negotiation.
O results in long-term supply chain relationships.
O uses opt-in email as a primary advertising medium.
Unlike business-to-consumer (B2C) e-commerce, business-to-business (B2B) e-commerce:results in long-term supply chain relationships. Option C
What is B2B e-commerce?Generally, B2B e-commerce typically involves higher sums of money than B2C e-commerce, as B2B transactions tend to involve larger quantities of goods or services being purchased. B2B e-commerce often requires more negotiation than B2C e-commerce, as the products or services being purchased are often customized to the needs of the buyer and the terms of the sale may be more complex.
B2B e-commerce often results in long-term supply chain relationships, as businesses tend to have ongoing needs for the goods or services that they purchase.
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CQ
Unlike business-to-consumer (B2C) e-commerce, business-to-business (B2B) e-commerce:
a. involves lower sums of money.
b. requires much less negotiation.
c. results in long-term supply chain relationships.
d. uses opt-in email as a primary advertising medium.
What do the 3 P's of sustainability stand for?
A widely used and recognized business idea is the "3Ps" of sustainability. The triple bottom line, commonly known as the "Ps," stands for People, Planet, and Profit.
The social and human effects of decisions and policies are discussed in the three Ps. It entails taking into account how actions could influence various groups in a community, as well as people's rights and general well-being.
Planet: This alludes to how decisions and actions affect the environment. It entails taking into account how actions may have an influence on the health and functionality of the earth as well as the effects on natural systems and resources.
Profit: This is used to describe how decisions and policies have an economic impact. It entails taking into account how actions' potential effects on a company's or organization's long-term sustainability and performance might impact its financial costs and benefits.
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suppose a firm wants to take advantage of an upward-sloping yield curve. if the firm believes that interest rates will stay constant and it wants to use the current yield curve to bolster profits, which approach should the firm follow?
Suppose a firm wants to take advantage of an upward-sloping yield curve. If the firm believes that interest rates will stay constant and it wants to use the current yield curve to bolster profits, The approach that the firm follow is option 2. Aggressive approach.
What is the aggressive manner about?All seasonal demands of current assets and the remaining fixed assets are financed with short-term loans, while a portion of fixed assets and the nonseasonal portion of current assets are financed with long-term capital.
Therefore, in the context of the above, yield curve typically has an increasing slope. Companies might finance investments with short-term debt rather than long-term debt in these periods by taking advantage of cheaper short-term rates (compared to long-term rates).
So, the company should exercise caution, though, as it may end up paying more interest than it would with a more prudent approach if the yield curve flattens or short-term rates rise.
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See full question below
Suppose a firm wants to take advantage of an upward-sloping yield curve. If the firm believes that interest rates will stay constant and it wants to use the current yield curve to bolster profits, which approach should the firm follow?
1. Maturity matching approach
2. Aggressive approach
3. Conservative approac
the terms price and quantity are used when computing direct
the terms price and quantity are used when computing direct Material and labor costs.
Material refers to all types of materials used to create a product or service; labour refers to all types of human labour; and expenses refer to all remaining costs that do not fall under material and labour. Labor costs and material costs are two distinct entities that share two characteristics. Both types of expenses can be deducted because they are used to produce a product or provide a service to customers. Labor control is concerned with effectively managing labour in order to maximise benefits while keeping costs in mind. Materials control refers to the purchasing, use, and consumption of raw materials for manufacturing.
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What tax deductions can I claim?
Common deductions include mortgage interest, medical costs, and charitable contributions.
You might be able to keep more of your income if you itemize your tax deductions. Your refund may be reduced if you forget to take an itemized deduction.
The 2017 Tax Cuts and Jobs Act made changes to tax deductions, eliminating some and allowing others to be itemized. Unreimbursed job costs and tax preparation fees were among the deductions that the new law abolished, although you can still deduct student loan interest and gambling losses. The part of your income that is exempt from income tax is the standard deduction.
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What do you call a closed business?
The process of closing a business is called "closure" and the synonyms for a closed business are folded, shut down, bankrupt based on the reason for closure.
When it is no longer essential or feasible for a corporation or other organization to continue operating, closure refers to the steps that must be taken.
A business may close as a result of a bankruptcy, where the organisation lacks the funds to continue operations, the death of the business owner, the purchase of the company by another organisation (or a rival), the decision to close the company as unnecessary, or the fact that it was the non-surviving entity in a corporate merger.
The reason for the closure might be that the organization's original goal is no longer required.
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Is the US an open or closed economy?
The United States is an open economy, and not a closed economy.
An open economy can be regarded as an economy wherein there are less to zero restrictions or barriers on the entry and exit in the market. Since the United States has been a nation which has been involved in global trade, its economy is open.
Becoming an open economy has helped the United States become the superpower of the world. It is also to be noted that most of the economies in the world are more open than closed. Closed economies have become nonexistent.
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Arrange the steps in order to show how expansionary fiscal policy affects an economy.
a. tiles employment increases to meet the demand of consumers and businesses.
b. consumers and businesses have more money.
c. output and prices begin to rise.
d. the government lowers the tax rate.
e. consumers and businesses spend more money.
The procedures are carried out in the following sequence:
First step: The administration is lowering the tax rate.
second step: The consumers and corporations have the most money.
Third step: Increased consumer and business spending.
Fourth step: As corporate employment rises, consumer demand is being satiated.
Fifth step: Product prices and output both increase.
What is a fiscal policy?
One of the policies the government uses to manage the nation's spending and taxing structure is the fiscal policy. It contributes to the country's economic expansion and the eradication of poverty.
The actions in the fiscal policy being put into effect in the following order:
First, tax rates are decreased by the government.
Second, consumers and businesses benefit from lower taxes by having more money to spend and save.
Thirdly, both entities spent the most money possible even though they could have saved more had taxes been lower.
Arrange the steps in order to show how expansionary fiscal policy
affects an economy.
A. Tiles Employment increases to meet the demand of
B. consumers and businesses.
C. Consumers and businesses have more money,
D. Output and prices begin to rise.
E. The government lowers the tax rate.
F. Consumers and businesses spend more money.
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What is the most important characteristics in oligopoly market?
High entry barriers, the capacity to determine prices, company interdependence, revenue maximization, brand image, and non-price competition.
Define Revenue :Revenue is the total sum of funds received out from sale of goods or services essential to a company's primary activities. Because it appears somewhere at top of the revenue statement, revenue, which is also know as total profits, is sometimes referred to as a "top line." A company's overall profits or profit are referred to as income, or net income.
What does a business's revenue mean?The total profit generated by an organization's main operations, such as for the sale of products or services, the renting of real estate, part depends, the loan interest, etc., is referred to as revenue.
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A company needs a way to convert 10 years of shipping records currently on paper into files that can be saved to its private cloud storage.
a. TRUE
b. FALSE
A company needs a way to convert 10 years of shipping records currently on paper into files that can be saved to its private cloud storage. The statement is False.
The company needs to first digitize the paper records before they can save them to their private cloud storage. They may need to use scanning or imaging software to do this.
Shipping documents are forms that are included with a shipment that specify the products being transported, their specifications, the customer, the mode of shipment, and the date the cargo was made. Bills of lading, packing lists, invoices, insurance documents, and air waybills are examples of shipping documents.
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How do teams track actions?
Select a task to view or edit the details. To switch a task from one bucket to another, simply drag it to the new bucket. The Charts provide a visual summary of the plan and its progress.
What exactly does the phrase "tracking" mean?Being a follower, either as an action or a process. Electrical engineering a leakage of electrical current between two locations that are separated by an insulating medium and is brought on by debris, carbon, moisture, etc.
How is tracking carried out?The status and performance of business processes are tracked both historically and in real time as part of the process tracking process. Standards are adhered to and performance is maximized by using a process automation platform to develop and monitor operations.
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Can QuickBooks track profitability?
Answer:
You'll see a snapshot of your income, costs, and profits in the header of every project page.
Each stage of the value chain not only adds value to the product but also ________.
A) attracts buyers
B) accumulates costs
C) devalues the final product
D) attracts competitors
Each stage of the value chain not only adds value to the product but also accumulates costs.
A value chain is a series of tasks that a business engaged in a certain industry completes in order to offer a worthwhile product to the final consumer. Michael Porter first introduced the idea in his 1985 best-seller Competitive Advantage: Creating and Sustaining Superior Performance, which is based on business management.
Value chains were incorporated into Porter's competitive strategies paradigm, which he developed in 1979, as decision support tools. Inbound logistics, operations, outbound logistics, marketing and sales, and service are grouped as major activities in Porter's value chains. Procurement, human resource management, technological development, and infrastructure are examples of secondary activities.
Hence the correct option is B
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What comes after online assessment?
Following completion of the online assessments, Next will request that you participate in a video interview.
What is online assessment?In the most basic terms, an online assessment is an evaluation of a person's abilities, behaviors, and/or characteristics. This test is carried out over the Internet using web technologies that are currently available. An assessment may begin with specific goals in mind, such as: To assess a candidate's knowledge or learning.The process of administering a test online to gauge participants' learning and mastery of a specific subject is known as online assessment. An online assessment can be used to determine a candidate's skills, knowledge, or learning abilities, for example.Following the assessment, the team leader drafts a report based on the assessment team's comments and the results of any tests of competence. The draft report will be discussed by the entire team.To learn more about assessment refer to :
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What is data analysis in data life cycle?
The Data Analytics Lifecycle outlines how data is created, gathered, processed, used, and analyzed to meet corporate objectives. It provides a structured method of handling data so that it may be transformed into knowledge that can be applied to achieve organizational and project objectives.
To find relevant information, aid inference, and in decision making, data analytics is the process of analyzing, cleaning, manipulating, and modeling data. Data analytics is used in several areas of business, science, and the social sciences and has many facets and methodologies. It includes many different techniques and has many different names.
Data mining is a specific type of data analysis that focuses on knowledge discovery and statistical modeling for predictive rather than purely descriptive purposes. Business intelligence refers to data analysis that is mainly based on aggregation and is mainly concerned with business information.
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What is the highest paid team lead at Walmart?
The projected monthly take-home pay for a Team Lead at Walmart in India is between 33,093 and 34,361 rupees.
What position at Walmart is the simplest?One Redditor argues that door greeter is one of Walmart's simpler professions, which makes sense. You, uh, well, you spend most of your time welcoming people.Simple enough—all you have to do is make a request on your employee profile, and if a position opens up in that division, the change will be implemented. Prior to the transfer, further training requirements (such as tire and lubrication) will be addressed.The projected monthly take-home pay for a Team Lead at Walmart in India is between 33,093 and 34,361 rupees. The estimate of take-home pay is based on the average Walmart Team Lead wage in India, which is 4.4 Lakhs per year for workers with experience ranging from 3 to 12 years.
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