A barter exchange is used to swap goods and services for other goods and services through the use of trade credits.
What is a barter exchange?A barter exchange is a firm or an institution, whose members trade with one another to exchange goods or services. Bartering is the exchange of material goods or services for other objects or services,
In a barter system, goods and services are exchanged for other goods and services without making use of any medium of exchange such as money.
Again, in a barter system, participants in a transaction directly exchange goods or services without the use of money, hence the oldest form of trade.
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Maximizing local profit or minimizing cost in a supply chain is best described as?
When a company engages in maximizing local profit or minimizing cost in a supply chain, this can best be described as local optimization.
What is local optimization?This refers to a when a company acts to gain competitive advantage in a local supply chain.
To do this, the company would need to maximize the profits it gets locally while minimizing the costs of running a supply chain.
When this happens, the company can be said to have achieved local optimization because they have found the optimal solution to getting more profit at less cost in the local area that they were focusing on.
In conclusion, this is local optimization.
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Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as ______.
a. investing
b. accounting
c. finance
d. management
Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting.
What is accounting?Accounting involves keeping detail record, grouping and classifying.
The financial events and transactions are provided in an organized form.
This is done to make good decisions about the company finances and for future prospect.
Therefore, recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting
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Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting.
What is accounting?
Accounting involves the process of recording business transactions, classifying them as assets, liabilities, income and revenue, then summarizing the transactions by putting together related transactions and finally interpreting the prepared financial statements items to determine whether the performance of the company has improved or declined over time.
Financing means raising the needed capital for a project or a company using financing options such as equity or bonds.
Investing implies placing the funds raised into asset that gives returns.
Finally, management is the group of individuals in charged of a company to ensure its goals are achieved
Overall, the correct option in this case as the 4 functions highlighted are only captured by accounting.
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Attitudes (usually negative) toward others based on their gender, religion, race, or membership in a particular group, are the basis of _____
Attitudes (usually negative) toward others based on their gender, religion, race, or membership in a particular group, are the basis of prejudice.
What is Prejudice?An impression or view about someone that is solely based on that person's membership in a certain group is referred to as prejudice. People may harbor bias toward others who are of a different race, gender, or religion, for instance. When someone behaves in accordance with their preconceived notions, they are prejudging (thus the name "prejudice") someone before they have the opportunity to get to know them better. This is an unreasonable attitude and perspective that is detrimental to everyone involved.For instance, a person may have many preconceived notions about someone who is Christian, Muslim, or Jewish and permit those opinions to influence how they perceive and treat such others. People who are Black or White may experience the same thing.
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The effect of the declaration of a cash dividend on a company's financial statements is to:_______
The effect of the declaration of a cash dividend on a company's financial statements is to decrease both stockholders' equity and total assets.
What are cash dividends?Dividends are cash payments made to the stockholders of a public company. Stockholders are individuals who purchase shares in a public company.
Dividends are paid with cash, thus, the assets of a company would decline. Since assets is positively related to stockholders equity, stock holder's equity would also decline.
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Suppose that a firm produces wool jackets in a monopolistically competitive market. The following graph shows its demand curve, marginal revenue (MR) curve, marginal cost (MC) curve, and average total cost (ATC) curve.
Because the market depicted above is a monopolistically competitive market, it is easy to see that there is is a long run equilibrium situation because the price is equal to the Average Total Cost curve for each firm, where the quantity is optimal.
What is a monopolistically competitive market?Monopolistic competition is a market system in which numerous enterprises exist in an industry and create similar but distinct products.
None of the firms has a monopoly, and each company acts independently of the actions of the others.
From the attached graph and the information given,
Long Run Equilibrium > Efficient ScaleIt is also TRUE to state that the market for jackets has excess capacity;Learn more about Monopolistic Competition at;
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Full Question:
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that [P>ATC/ MR > MC/ P = ATC/ MR = MC] at the optimal quantity for each firm. Furthermore, the quantity the firm produces in long-run equilibrium is [equal to/ greater than/ less than] the efficient scale.
True or False: This indicates that there is excess capacity in the market for jackets.
Monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. The presence of the [product variety/ business-stealing] externality implies that there is too little entry of new firms in the market.
Which of the following effects is seen on the money supply and the economy when the Federal Reserve Board raises the discount rate? Multiple Choice People are encouraged to make major purchases, increasing economic activity. Inflation increases, the money supply increases, and economic activity increases. Interest rates increase and the money supply decreases. Interest rates decrease and the money supply increases. Banks make more loans, the money supply increases, and economic activity increases.
When the Fed engages in the action of raising the interest rate, the effect on the money supply and the economy is Interest rates increase and the money supply decreases.
What happens when the discount rate rises?When the discount rate of the nation is increased, it means that the Fed has increased the interest rate at which it loans out money to commercial banks.
As a result, commercial banks will be forced to raise their own rates which would lead to a decrease in money supply as companies and individuals will borrow less money and inject it into the economy.
In conclusion, a rise in the discount rate leads to a fall in money supply.
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After you replaced the system board on an hp workstation, your customer asks you to reconfigure the hardware raid. What should you do first?
After a person has replaced the system board on an HP workstation, and a customer asks them to reconfigure the hardware RAID, the next step will be to:
Enable RAID in the system's BIOSHow can one reconfigure the hardware RAID?To reconfigure the hardware RAID, the first step will be to enable RAID in the computer's basic input and output system. The BIOS contains vital information that can be followed when trying to set up computer hardware.
The person who wants to reconfigure the hardware will see the RAID setup tab on the storage system. After clicking on this, they can OK RAID configuration and the action is applied as desired.
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A(n) _______ benefits program can also be referred to as a flexible benefits programs.
A(n) full-flex benefits program can also be referred to as a flexible benefits programs. It is a type of cafeteria plan benefit under Section 125 of the Internal Revenue Code. It offers workers an alternative.
What is an internal revenue code?The Internal Revenue Code, formally the Internal Revenue Code of 1986, is the domestic portion of federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code.
Therefore, the correct answer is as given above
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Alice listed a three-bedroom home for her client, but before she finds a buyer, the home burns to the ground. what happens to the agency agreement that alice has with her client?
What would happen to the agency agreement is that it would be terminated based on the fact that this house has been burnt to the ground.
What is an agency agreement?This is the term that is used to refer to the business arrangement that would have a particular person that is known to be an agent who is in charge of working for the other client who is the principal. This person helps the principal to arrive at deals and also close these deals.
In the agreement here, everything would be terminated based on the fact that the property that is the object of the deal is no longer in existence. Hence the deal can no longer go on.
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Firms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of return is defined as:
Expected rate of return is defined as the amount of money an individual gets on investment.
What is expected return?The expected return is the amount of profit or addition on money invested that an individual who is an investor is expected to get after a periods of time on the investment.
Therefore, expected rate of return is defined as the amount of money an individual gets on investment.
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The Connors Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Connors Company has heard about a method of measuring cost functions called the high
The correct answer is option (b).
What Is the High-Low Method?
Given a little amount of data, the high-low technique in cost accounting attempts to separate fixed and variable expenses. The high-low technique compares the overall costs at each level by comparing the highest and lowest levels of activity.
Is the high low method the most accurate?
If the highest and lowest activity levels reflect the company's general cost pattern, the high-low technique can be reasonably accurate. However, the high-low technique will give false results if the two extreme activity levels are systematically different.
b = ($42,000 − $23,000) / (10,000 − 5,000)
= $3.80 for the highest and lowest values of the cost driver
$42,000 = a + ($3.80 × 10,000)
a = $4,000
Cost function is Y = $4,000 + $3.80X
Y = $4,000 + ($3.80 × 9,000)
Y = $38,200
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Complete question is:
The Connors Company has assembled the following data about certain costs that cannot be easily identified as either fixed or variable. Connors Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
Cost Hours
$23,000 5,000
$26,000 6,450
$34,600 7,650
$42,000 10,000
$38,000 9,350
What is the estimated total cost at an operating level of 9,000 hours?
A) $34,200
B) $38,200
C) $41,400
D) $37,800
What purpose does the addition of bromine serve in the procedure describe for the isomerization of dimethyl maleate to dimethyl fumarate? provide a mechanistic explanation.
The addition of Bromine isomerises dimethyl maleate into dimethyl femarate using free radical addition mechanism.
Mechanism:-
Dimethyl maleate to dimethyl fumarate using bromine,Dimethyl maleate is extra polar than dimethyl fumarate because it has a dipole moment. In this example, every other solubility factor takes priority, crystal lattice forces.Accepts the free electron and changes its planner shape.
Dimethyl fumarate is used to treat the relapsing kinds of a couple of sclerosis, which include clinically isolated syndrome, relapsing-remitting disease, and energetic secondary revolutionary disorder. This medicinal drug will not therapy, but it can gradual a few disabling outcomes and decrease the variety of relapses of the disorder.
Natural sources of fumaric acid consist of bolete mushrooms, lichen, and Iceland moss. it's also found in papayas, pears and plums, however in very constrained quantities. It changed into first isolated from the plant Fumaria officinalis, that's wherein it derives its name.
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Under the rule of 70, if the GDP per capita growth rate in the United States is 2.3%, standards of living double every:
Under the rule of 70, if the GDP per capita growth rate in the United States is 2.3%, standards of living double every 70/2.3 = 30.43 years.
What is Gross Domestic Product (GDP)?The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished goods and services produced (and marketed) within a nation within a specific time period (typically 1 year).
GDP Growth Rate:
The GDP growth rate compares the most recent quarter or year to the preceding one and represents the percentage change in real GDP (GDP adjusted for inflation) from one period to the next. A positive or negative number may be used (negative growth rate, indicating economic contraction).GDP per capita:
By dividing nominal GDP by a nation's entire population, one can get GDP per capita.It conveys the nation's average economic output (or income) per person. The population figure corresponds to the year's median (or mid-year) population.The price deflator, a statistical tool, is used to convert nominal GDP to constant prices.
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Which first aid supply is applied over a wound to control bleeding and prevent contamination a clot of blood under the skin is called a?
Pressure bandage is applied over a wound to control bleeding and prevent contamination a clot of blood under the skin.
A pressure bandage is also known as a pressure dressing.
It is a bandage that has been designed to apply pressure on a particular area of the body so that an instant relief could be got.
Generally a pressure bandage has no adhesive and is always applied over a wound that has been covered with an absorbent layer. The absorbent layer can or can not be held in place with an adhesive.
Pressure bandages are mostly used to control bleeding and encourage blood clotting. It does not constrict normal blood circulation. They help in minimizing the swelling,
in protecting the wound from contamination,
in protecting the injured area from additional trauma,
and in preventing heat and fluid loss.
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If a firm can raise market price by reducing its output, then:
If a firm can raise the market price by reducing its output, then It faces a downward-sloping demand curve.
If a superbly aggressive company increases its rate above the prevailing market fee, it'll lose its entire marketplace proportion, and income will lessen to 0.
Monopolists aren't allocatively efficient, due to the fact they do not produce at the amount wherein P = MC. As a result, monopolists produce less, at a higher average cost, and rate a higher price than could a combination of firms in a superbly competitive enterprise.
The monopolist will choose the income-maximizing degree of output in which MR = MC, and then fee the fee for that quantity of output as decided by using the marketplace call for curve. If that rate is above average fee, the monopolist earns high-quality earnings.
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Empirical studies of labor markets have identified several benefits firms receive from paying workers more than the market-clearing wage. These studies tend to support the?
The empirical studies of labour market and wages support the labour market equilibrium.
On a general note ,workers prefer to work when the wages are a bit high that is supporting their economic status and firms prefer to hire when the wage is low.
The market clearing wage does not create any upward or downward pressure on wage resulting equilibrium of too many jobs or few available workers vice versa.
Hence, the value of marginal product of labour equals the competitive wage.
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Which type of collaboration software could best help an organization increase engagement between remote employees and those who are ""in-house"" or organization-based?
The class of collaboration software that help an organization to increase its engagement between remote employees and in-house employees includes:
cloud-based forumsmessagingmeeting appsWhat is a collaboration software?A collaborative software is also called a groupware.
This class of software are computer program that shares data between computers for processing such as a several programs which have been written to harness the vast number of computers connected to the Internet.
Hence, the cloud-based forums, messaging and meeting app are the class of collaboration software that help an organization to increase its engagement between remote employees and in-house employees
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Tammy has had a lot of success investing in preferred stocks. She wants to invest in other assets that are very similar to preferred stocks. What options would BEST match her investment preferences
If Tammy wants to invest in assets that are very similar to preferred stocks because she has been successful with them, she should try common stocks and corporate bonds.
What investments are similar to preferred stocks?Corporate bonds are quire similar to preferred stocks because they involve getting a specified amount every period just like the dividends on preferred stocks.
Common stocks are also similar to preferred stocks because they get dividends and both represent an ownership stake in a company.
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XYZ Company makes one product and has calculated the following amounts for direct labor: AH x AR = $84,000; AH x SR = $83,000; SH x SR = $85,000. Compute the labor efficiency variance.
Based on the various cost rates and hours for XYZ Company, the labor efficiency variance is $2,000 unfavorable
What is the labor efficiency variance?This can be found as:
= (Actual hours x Standard rate) - (Standard hours x Standard rate)
Solving gives:
= 83,000 - 85,000
= $2,000 unfavorable
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Labor content is increased by 10% while takt time remains the same. What is the percentage change in target manpower
The percentage change in target manpower is Increases by 10%.
What is Target Manpower ?The target manpower is the number of employees (or other resources) needed to operate the process at takt time if the work could be divided evenly between them .
The target manpower is the approximate number of resources you need to employ in order to achieve the takt time. It is calculated as follows:
Target Manpower = Labor Content/Takt Time,
Hence an increase in the labor content will simultaneously depict an increase in the target Manpower of the same as they are directly proportional to each other.
Therefore, we can conclude that the Correct Option is A . The percentage change in target manpower is Increases by 10%.
Your question is incomplete, but most probably your full question was:
Labor content is increased by 10% while takt time remains the same. What is the percentage change in target manpower?
A. increases by 10%
B. Decreases by 10%
C. No change
D. Cannot be determined
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According to peter drucker, what are managers who do the right things addressing? both efficiency and effectiveness effectiveness customer satisfaction only efficiency
Effectiveness. Effectiveness is doing the right things, not just doing things efficiently. While increasing efficiency means doing things faster, with fewer resources, and in fewer steps, increasing effectiveness means aligning improvements to how you work with high-level corporate goals.
Instead of efficiency for the sake of efficiency, increasing effectiveness necessitates a more focused and strategic approach. Both are critical components of a leader's journey to success and avoid becoming bogged down. It is critical for the leaders who want to invest in right things rather than relying on magic to achieve right balance of effectiveness and efficiency in their work.
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Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not enforceable because.
7. Option b. Consideration is mutual i.e. both parties get something in the return for the performance of the contract. However, Esmeralda has not given consideration in exchange.
Esmeralda was given the chance to audition for the Performing Arts High School which she succeeded in. She then moved to New York and attended School, studying drama and dance.
Esmeralda Santiago wrote her autobiography "When I Was Puerto Rican" which narrates her and her family's life moving from Puerto Rico to America. The book also follows the Puerto Rican girl through the many obstacles that she had to endure and overcome to change her life.
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Charlies pizza collected $150 in sales tax for the quarter. which of the following accounts should be used in order to post the sales tax?
The account that should be used in order to post the sales tax is only Sales Taxes Payable.
What is sales tax?A sales tax is an indirect tax that is levied on certain goods meant for consumption. It is a tax levied on customers when they purchase goods or services, hence calculated as a percentage of the value of the goods sold.
The sales tax is the responsibility of the final consumer only; any intermediate buyer must produce a resale certificate to clear it and sales taxes are levied on any buyer who can not produce such a document.
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When selling new securities, corporations must release all information regarding the investment in a document known as a(n) _____.
When a corporation is selling new securities, then they will have to release all information in a prospectus.
What is a prospectus?An investment prospectus is a legal requirement when new shares are to be sold in the market.
The prospectus will have things such as the details of the company and any other thing that would influence the buying decision.
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If the grievance committee concludes potentially unethical conduct may have occurred:.
When the Grievance Committee suspects possibly unethical behavior, they hold an investigation to see if the Code's provisions have been broken. A code of ethics outlines the moral principles and best practices that an organization should adhere to in order to be honest, ethical, and professional. If an organization's members violate the code of ethics, there may be consequences, including firing.
The grievance committee main responsibility is to examine complaints that haven't been settled at the staff or administrative levels and, if necessary, to mediate disputes. Examples of this type of grievance include discipline, unethical conduct, categorization conflicts, benefit denial, and so on.
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Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not enforceable because:.
Esmeralda promises to pay Fiorello $400 because ""he does not have as much money as other people. "" Esmeralda's promise is not enforceable because: Fiorello has not given consideration in return.
INTERPRETATION-
Consideration is mutual i.e. both parties get something in the return for the performance of the contract. However, Esmeralda has not given consideration in exchange.
Esmeralda was given the chance to audition for the Performing Arts High School which she succeeded in. She then moved to New York and attended School, studying drama and dance.
Esmeralda Santiago wrote her autobiography "When I Was Puerto Rican" which narrates her and her family's life moving from Puerto Rico to America. The book also follows the Puerto Rican girl through the many obstacles that she had to endure and overcome to change her life.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
Esmeralda promises to pay Fiorello $400 because “he does not have as much money as other people.” Esmeralda’s promise is not enforceable because
A. Fiorello has not given consideration in return.
B. Esmeralda could have paid more.
C. the redistribution of wealth on a one-to-one basis is not a valid social goal.
D. society does not want gifts cheapened by making them legally enforceable.
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What is the rate of average annual net income to the initial investment or average investment (book value) called?
The rate of average annual net income to the initial investment or average investment (book value) is called accounting rate of return.
The accounting rate of return (ARR) is a formula which reflects the percentage rate of return expected on an investment or any asset, when compared to the initial investment's cost or in other words the book value of asset.
The ARR formula divides an asset's average revenue by the company's initial investment to take the results of the ratio or return that can be expected over the lifetime of an asset or project by a person.
ARR do not consider the time value of money or cash flows, which can be an integral part of maintaining a business.
The accounting rate of return is a capital budgeting method which is useful if any person wants to calculate an investment's profitability quickly.
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In theory, preparing the initial budget is the responsibility of the ––––––––––––– and the legislature. in practice, preparing the budget is primarily the responsibility of the ––––––––––––– .
In theory, preparing the initial budget is the responsibility of the governor and the legislature. in practice, preparing the budget is primarily the responsibility of the legislature.
An assembly with the power to enact laws for a political unit, such as a nation or city, is known as a legislature. They are frequently put in opposition to the government's executive and judicial branches. Primary legislation is the term used to describe laws passed by legislatures.
The total income available to spend should be the biggest consideration when planning a budget. It is a great way to track expenditures and also organises your finances. A budget is a plan that helps to make sure that one does not run out of money by ensuring a proper estimation of income and expenditures.
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The ________ level of the customer-value hierarchy, which includes brand positioning and competition in developed countries, involves preparation of a product that exceeds customer expectations
Answer: Augmented Product
Explanation:
If, as your taxable income decreases, you pay a smaller percentage of your taxable income in taxes, then the tax is
If, as your taxable income decreases, you pay a smaller percentage of your taxable income in taxes, then the tax is Progressive tax.
What is meant by progressive taxes?The average tax burden rises with income under a progressive tax. Low- and middle-income taxpayers bear a disproportionately tiny amount of the tax burden, compared to high-income families. A tax system that raises rates as taxable income rises is known as a progressive tax. Taxes on investment income, interest income, rental income, estates, and tax credits are a few examples of progressive taxes.
Based on the amount of tax you must pay relative to your income, taxes can be classified as regressive, proportional, or progressive. As your income declines, regressive taxes force you to pay a bigger proportion of your individual income in taxes. Tax reductions enhance people' discretionary income while reducing the government's revenue. Tax reductions typically refer to decreases in the percentage of income, commodities, and services subject to tax. Tax reductions serve as an illustration of an expansionary fiscal strategy since they give consumers greater discretionary income.
So, If, as your taxable income decreases, you pay a smaller percentage of your taxable income in taxes, then the tax is Progressive tax.
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