It is FALSE that the person who has custody of an asset should also account for the asset.
What are asset custody and accounting for an asset?Asset custody involves physical safety of an asset. Accounting for an asset involves the maintenance of proper records in the accounting system.
These two accounting duties must be separated and assigned to two persons under the principle of separation of duties.
Thus, it is FALSE that the person who has custody of an asset should also account for the asset because of the attached knowledge of the asset's balance.
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If a tax is levied on the sellers of a product, then the demand curve will:.
Answer:
increase, shift upwards
Explanation:
more customers will buy
Daniel has an annual taxable income of $25,000 and pays $2,500 in income taxes. Julia has a taxable income of $45,000 and pays $5,000 in income taxes. This tax is:
The tax for both Daniel and Julia are progressive tax.
What is progressive tax?Progressive tax is a type of tax in which an income is taxed as much as it increases. This tax type imposes lower tax rate on low-income earners than on those with a higher income.
This means that those who are rich with high income, pay more as tax compared to the poor. This will however create a more balanced economic condition within the society.
Hence, the tax for both Daniel and Julia are progressive tax.
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some organizations have platforms that allow employees to provide an anonymous feedback about the organ Behavior colleagues and seniors the primary purpose of such methods is
The platforms that gives an employees an opportunity to provide an anonymous feedback about the colleagues behavior is known as whistleblowing platform.
What is whistle-blowing?In a formal setting, a whistle-blow refers to a platform that allows people to tell authorities that the some people or group one is working for are doing something immoral or illegal.
In conclusion, this platform ensures a protection of whistle-blower nevertheless.
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The Law of Supply states that __________________ of a product will be offered at a high price and __________________ of a product will be offered at a low price
There are a lot of laws. The Law of Supply states that as prices rise, the quantity supplied increases and as prices fall, the quantity supplied decreases.
What is the law of supply?The law of supply is known to be a popular microeconomic law that states that, when all other factors are equal, the price of a good or service goes up, the quantity of goods or services that suppliers gives will also goes up, and vice versa.
The Law of Supply in simple terms is as prices rise, the quantity supplied goes up and as prices fall, the quantity supplied lowers. The law of supply makes sure that producers make a lot of money as much as possible.
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Hal, a resident of Illinois, owns a warehouse in Indiana. A dispute arises over the ownership of the warehouse with Jack, a resident of Kentucky. Jack files a suit against Hal in Indiana. Regarding this suit, Indiana has
In terms of the above suit, Indiana has in remjurisdiciton.
What is In Rem?This is known to be a Latin word that means, "against a thing." It is said to be in terms of the status of a specific piece of property.
In-rem jurisdiction is known as the power of a court that it has over an item of real or personal property. The court that has only in-rem jurisdiction is one that can call off a marriage or declare who is the true owner of a piece of land.
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What is the most important factor in maximizing the positive effects of a diverse workforce within an organization
A clearly written policy manual is the most important factor in maximizing the positive effects of a diverse workforce.
What is Diversity?This is defined as a state of having differing elements or background in a place. This leads to having lots of differences which can be effectively managed.
In a workplace, the best way to maximize its positive effects is by ensuring a clearly written policy manual so as to prevent conflicts.
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Edna has been tasked with maintaining her sorority database, which contains many elements of students' personal and academic information. Which of the following considerations will probably be MOST important to Edna if she plans to use the database for creating data queries and reports?
A. Developing an attractive graphic representation of the data.
B. Printing and checking the database weekly.
C. Sending out regular announcements to the students.
D. Gathering and tracking the unique data.
Answer:
Gathering and Tracking the Unique Data
Explanation:
On July 1, Year 1, Mel leased property for 2 years for $700 a month. On September 30, Year 1, the owner of the property told him that if he paid the total in advance for the remainder of the lease, the rent would be reduced to $675 a month. Mel accepted his offer and on October 1, Year 1, he paid the owner $14,175. How much can Mel deduct as rental expense in Year 1?
Answer:
its 4,125
Explanation:
After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is Group of answer choices evaluating each of the relevant market segments. analyzing the interaction between segmentation variables. selecting the specific target markets. developing market segment profiles. reviewing the appropriate marketing strategy.
After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
How to determine the segmentation of variablesSegmentation of variables is defined as the characteristics of people that are used to determine their similarity.
Some of the important steps needed for the target market are:
Step 1: Identification of the appropriate targeting strategy.Step 2: Determination of the segmentation Variables to Use. Step 3: Development of market Segment Profiles. Step 4: Evaluation of the relevant Market Segments. Step 5: Selection of the specific Target Markets.Based on the listed test, we can conclude that after an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
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Salespeople receive a 7% commission on all items that they sell. Their sales for one day totaled $675. What was the amount of commission received for that day? $20. 25 $47. 25 $202. 50 $472. 50.
Answer:
Its 47.25
Explanation:
Firlit Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During the same period, the Manufacturing Overhead applied to Work in Process was $70,000. The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a:____.
A) debit to Work in Process of $70,000.
B) credit to Work in Process of $70,000.
C) debit to Manufacturing Overhead of $69,000.
D) credit to Manufacturing Overhead of $69,000.
Discontinuous change is characterized by _____, in which an old technology and several different new technologies compete to establish a new technological standard or dominant design.
a. technological singularity
b. design substitution
c. design competition
d. technological lockout
Discontinuous change is also characterized by design competition, in which the old technology and a lot different new technologies compete to set up a new technological standard.
What is a discontinuous change?Discontinuous change, also known as discontinuous technological change, is a term that connote the external alterations that needs internal adaptation.
This is one that is found on a path that is said to be nonlinear and it is also relative to the company's traditional innovation trajectory.
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Which level of strategy is concerned with how much to spend on marketing or whether to expand facilities?.
Corporate In corporate level of strategy serves as the level of strategy is concerned with how much to spend on marketing or whether to expand facilities.
What is Corporate-level strategy?Corporate-level strategy can be regarded as the action taken to gain a competitive advantage.
Thus action can be taken through the selection as well as management of businesses competing in several industries
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Shazia manages a butcher shop. Recently, the butcher shop has had trouble competing with national grocery store chains. Shazia wants to develop a list of possible courses of action to attract more customers, so she gathers her team. They discuss the issue and suggest ideas to solve the problem. This is called:_________.
To develop a consistent marketing strategy, it may be necessary to set up a team meeting to suggest ideas for solving the problem, which is called brainstorming.
Definition of brainstorming
It is a technique used in organizations to raise ideas and solutions on a given problem, starting from the meeting with the team, where each member can contribute with ideas that generate innovation and a course of action for the situation.
Therefore, brainstorming can be used in the internal environment, when there is a need for strategic planning, and also in the external environment, in the development of a marketing campaign for example.
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Which of the following must be present for an offer to have a legal effect? Select one: a. Invitation to offer b. Communication of the intention c. Invitation to negotiate d. Definiteness
Answer:
I believe your answer would be D, Definiteness.
Hope this helps!
A legal impact can only be conferred on an offer if the terms are clear-cut. Thus option (D) is correct.
What is the impact?The term impacts The feeling you leave on this life and others is your legacy. You have the ability to become accountable for your actions and be intended of your path. You can be deliberate about your influence and your impact. As we see there are impacts on things or on life are being there in it also be there in it by the different impacts changes are being there also in it.
As we see, there are so many impacts are being there but in the George Herman as we see the impact can be on the sports are there in it by the impact on sports things has been changed here by the different things the impact can be seen and other also in it.
Therefore, Thus option (D) is correct.
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#SPJ2
When updating the general ledger, sales, purchases, cash receipts and cash disbursements are examples of __________ entries, and issuance or retirement of debt and the purchase or sale of investment securities are examples of __________ entries. Group of answer choices
Answer:
journal and general ledger
Discretionary fiscal policy may fail to stabilize the economy or may even make the economy less stable because of:
Answer:lags in deciding and implementating a policy change
Explanation:
source: trust me bro
A department has total conversion costs of $153,300 and total materials costs of $250,025. If the department has 36,500 equivalent units of production for both materials and conversion costs, what is the total manufacturing cost per unit?
The total manufacturing cost per unit for the department is $8.65 per unit
What is manufacturing cost?Manufacturing cost refers to the cost associated with producing goods and services. It is the cost directly related to manufacturing the products.
Manufacturing cost is computed as:
= Total materials costs / Equivalent units of production
= $250,025 / 36,500
= $8.65 per unit.
Hence, the total manufacturing cost per unit for the department is $8.65 per unit
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which reading strategy refers to reading only the key words and phrases
A. guessing from context
B.paraphrasing
C.previewing
D.skimming
Answer:
answer is ... skimming
Explanation:
hope it helps
What’s one category you wish fewer taxes were spent on ? why? 2.what’s one category you wish more taxes were spent on? why?
Answer:
FIREfighter. works for good
Explanation:
At a price of $150, a cell phone company manufactures 200,000 units. At a price of $250, the company manufactures 400,000 units. What is the price elasticity of supply
Based on the information given the price elasticity of supply is 1.33.
Price elasticity of supplyPrice elasticity of supply=(400,000-200,000)÷(200,000+400,000/2)÷(250-150)/(150+250/2)
Price elasticity of supply=(200,000)÷(600,000/2)÷(100)/(400/2)
Price elasticity of supply=(200,000÷300,000)÷(100/200)
Price elasticity of supply=0.6666/0.5
Price elasticity of supply=1.33
Inconclusion the price elasticity of supply is 1.33.
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Before Blueberry Designs launched their active wear line, they created a series of ads showing people wearing their designer dresses, suits, and heals at the gym, in the wilderness, and on a sailboat with the phrase, "Soon you can Blueberry, too." Blueberry Designs was using:_________
a) reminder advertising.
b) a straight-sell message.
c) a slice-of-life ad a transformational ad.
d) teaser advertising
The type of advertising that is used by Blueberry Designs to advertise their dresses, suits, etc is:
a transformational ad.What is a Transformational Ad?This refers to the type of advertising which helps to create awareness by showing the experience of using the products and how it would give the viewers a unique taste.
With this in mind and because of the type of advertising used by Blueberry Designs to create a series of ads to show people using their products with with the phrase, "Soon you can Blueberry, too." is using a transformational ad.
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Kristen's current credit score does not qualify her for a conforming conventional loan, but she is eager to purchase a house. Which lender practice would be the most likely indication of predatory lending? charging points to get a lower interest rate bundling unneeded life insurance premiums into the mortgage requiring a 20% down payment charging a one-point loan origination fee
A lender practice that would be an indication of predatory lending would be bundling unneeded life insurance premiums into the mortgage.
What is predatory lending?This is a practice by some lenders where they loan money to people with low credit worthiness with the intention of making back a lot of money from charging those people outrageous interest rates.
When life insurance premiums that are unnecessary are added to the mortgage, it is done to increase the amount that Kristen will pay back. This is therefore predatory lending.
In conclusion, option B is correct.
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Which phrase best describes an income investment strategy? A. Building a diversified portfolio to generate income B. Focusing on cash investments C. Eliminating long-term retirement planning D. Keeping money in liquid, low-risk assets
Answer:
Building a diversified portfolio to generate income (A)
Answer:
A si your answer!!
Explanation:
The pay-as-you-go model is ______. Multiple choice question. becoming increasingly niche gaining momentum difficult to apply outside its traditional functions dying out
There are different strategies. The pay-as-you-go model is gaining momentum.
What is the pay as you go business model?The pay-as-you-go business model is known to be a model that helps consumers to make a kind of one-time purchase of a product or service without subscribing for a regular payment for that product.
This business model is seen and used in many firms, such as telecommunications, advertising, software-as-a-service and others.
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According to a recent study, offering low-cost offices with basic services to new businesses in the early stages of development results in an 87% success rate of
The study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of incubator.
Who does the Incubators entails?The Incubators is a tool that offer a new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, secretarial help etc
In conclusion, the study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of incubator.
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Are there absolute truths and values that transcend time and space? If yes where might these come from?
There are a few absolute truths and values that transcend time and space including and most of these are related to mathematics and science.
What are some absolute truths?Absolute truths are those that will not change and are considered the unbiased truth regardless of the situation.
Some absolute truths include:
The Earth is a sphere. There are no squares which are circles. Time is finite.These are all related to the the Math and Science subjects because these subjects aim to discover the rules of the Universe.
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Publishers and printing companies are both involved with books, magazines, and newspapers. One type of company is considered part of the manufacturing section, because it produces the physical product: books, magazines, newspapers, and so on. What sector does publishing belong to, since it does not produce a tangible product (until printing transforms it into one)
The sector that the publishing belong to, since it does not produce a tangible product is called quaternary sector.
What is quaternary sector.Quaternary sector is a sector that has to do with making research or conducting research.
Based on the given information the sector that the publishing belong to will be quaternary sector reason being that before a book , magazines and newspaper is published, research has to be conducted or research has to be carried out.
Inconclusion the sector that the publishing belong to, since it does not produce a tangible product is called quaternary sector.
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What animal has 8 hearts?
hen calculating the cost of direct materials on the schedule of cost of goods manufactured, the cost of indirect materials is ______. Multiple choice question. subtracted from beginning Raw materials inventory added to raw materials used in production added to beginning Raw materials inventory subtracted from raw materials used in production
It should be noted that When calculating the cost of direct materials on the Schedule of Costs of Goods Manufactured,
The cost of indirect materials must be Subtracted from raw materials used in production.
What are Direct material costs ?Direct material costs can be regarded as those cost of the raw materials as well as those components used in making the product.
Therefore, the cost of indirect material is required to be Subtracted from raw materials used in production.
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Answer: subtracted from raw material used in production
Explanation: