Answer:
How: All proffessions and occupations have their various fields and all fields are needed to work together for the effective growth of an economy.
Why: An economy comprises of fields in which the various occupations are embedded in. For the success of an economy all fields must work together. That is no field or occupation is more important than the other
The Comparative Market Analysis (CMA) is a tool for licensees; which statement below is correct about the CMA
Option D is correct. A CMA is not an appraisal and should not be advertised as one.
What is a comparative market analysis?This is the term that is used to refer to the market analysis that may
be done by the real estate agents.
The goal is to analyze and find out the existing prices in the market by the available listings and previous listings of properties. The reason why the real estate agencies carry out the CMA is to determine the right prices for home sellers to sell their homes.
On the other hand, the purpose is to enable the buyers of these homes to buy the properties at the best possible prices.
Complete question
The Comparative Market Analysis (CMA) is a tool for licensees; which statement below is correct about the CMA?
A) The CMA is the same as an appraisal
B) A CMA is an estimate of value and an appraisal is exact value
C) A CMA and an appraisal must both conform to USPAP standards
D) A CMA is not an appraisal - and should not be advertised as one
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A free rider is Group of answer choices Someone who only purchases resold goods or only uses items they can get for free. Someone who consumes a public good but does not pay for it. Someone who resells items they have purchased. Someone who gives away items they have purchased.
A free rider is option(b) i.e, Someone who consumes a public good but does not pay for it.
What is meant by the free rider?A free-rider problem is a form of market failure that happens when those who use resources, public commodities, or communal services underpay for them or do not pay for them at all. Free riders are an issue because they might still access or utilize the goods even though they aren't paying for them.
For instance, soliciting donations in a museum or garden. The donation sums would assist in paying for the garden/museum even if there would still be free riders.
Free riding hinders traditional free-market techniques of producing and consuming goods and services. Because individuals can still benefit from a shared resource even if they don't participate, free riders have no reason to do so.
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Completing the Free Application for Federal Student Aid (FAFSA) application
can:
OA. point you toward many different forms of financial aid.
B. identify your future earnings.
C. identify relevant career paths for you.
O
O
D. guarantee that you will get a loan to meet your financial needs.
Answer: A
Explanation: FAFSA is used to show the government various things about your life and income so they can see what scholarships/grants/aid can be given to you!
The Free Application for Federal Student Aid (FAFSA) application can point you toward many different forms of financial aid. The correct option is (A).
What do you mean by Free Application for Federal Student Aid?The official application for federal financial help to cover college costs is the Free Application for Federal Student Aid, or FAFSA. Many states, certain colleges, and universities also use it when deciding who gets financial help.
According to the data gathered from the application, the FAFSA specifically decides who will receive aid in the form of loans, scholarships, and grants.
Information from the FAFSA is also used by states, certain colleges and institutions, and private scholarship programmed to determine financial aid choices.
All of these types of aid are accessible through the FAFSA, which is handled by the Office of Federal Student Aid.
Therefore, the Free Application for Federal Student Aid (FAFSA) application can point you toward many different forms of financial aid.
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What price will you charge for each class of seat that will maximize your profits?
You come up with an idea. Let's remove the Comfort class and replace it with a new less expensive and nice product "Economy Class" These seats cost $10 to provide.
Average Consumers are will to pay $25 for Economy class and $40 for Ambassador class. Luxury Consumers are will to pay $30 for Economy class and $95 for Ambassador class.
Modern public universities, like private universities, issue annual tuition fees with few students actually paying. Most students receive internal scholarships and awards that cost far below list prices. This discount is very different and is closely related to the student's family income.
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As measured, gdp omits which of the following? i. Illegal sales of goods and services. Ii. Changes in the amount of leisure time. Iii. Household production of goods and services.
All of the options will be omitted while measuring the GDP
What is GDP?Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
The total amount of money spent during a specific time period by firms, consumers, and the government may be used to compute GDP. It may also be determined by adding up the total amount of money that each economic participant has received. The figure represents an estimate of "nominal GDP" under both scenarios.
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The of a note is the amount that the signer of a note agrees to pay back when it matures, not including interest.
The principle of a note is the amount that the signer of a note agrees to pay back when it matures, not including interest.
A note's principle is defined as the sum, excluding interest, that the note's signer promises to repay when it matures. The payment made in repayment of a note often consists of both the principal amount and interest. A repayment of the initial sum would be the principle part. When using the money's purchasing power, the interest is similar to interest.
There is no legal requirement for the backing of paper money under banking note-issuing principles. The bank and trade should only issue notes when necessary and at their own discretion. To honour the notes in their own best interests, banks will maintain adequate reserves.
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Mr. Romero is 64, retiring soon, and considering enrollment in his employer-sponsored retiree group health plan that includes drug coverage with nominal copays. He heard about a neighbor’s MA-PD plan that you represent and because he takes numerous prescription drugs, he is considering signing up for it. What should you
He should compare the benefits in his employer-sponsored retiree group health plan with the benefits in his neighbor's MA-PD plan to determine which one will provide sufficient coverage for his prescription needs.
Retiree health insurance is health insurance offered by some employers, unions, and foundations to retired employees and their spouses. This is typically group health insurance similar to plans offered to active employees. Eligibility, registration, coverage, and other rules are specific to each employer's retirement plan.
Group Health Insurance. Generally, health insurance is provided by an employer or employee organization that provides health insurance to employees and their families. (Retirees) Insurance from your former employer, usually Medicare, pays for your medical expenses first, and then your medical expenses. group health plan.
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Long-term customer relationships _______ the cost of information collection and make it easier to _______ credit risks.
Long-term customer relationships reduce the cost of information collection and make it easier to screen out credit risks. Credit risk is the chance of suffering a loss as a result of borrower's failure to make loan payments or fulfil contractual commitments.
It typically refers to possibility that lender won't get the main and interest that is owed, which would disrupt cash flows and raise collection costs. Excess cash flows could be written to offer more protection against credit risk. A higher coupon rate, which generates more cash flows, can be used to reduce credit risk when it is present for a lender.
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1 2 3 all a firm that purchases electricity from the local utility for $350,000 per year is considering installing a steam generator at a cost of $280,000. the cost of operating this generator would be $260,000 per year, and the generator will last for five years. if the firm buys the generator, it does not need to purchase any electricity from the local utility. the cost of capital is 10%. for the local utility option, consider five years of electricity purchases. for the generator option, assume immediate installation, with purchase and operating costs in the current year and operating costs continuing for the next four years. assume payments under both options at the start of each year (i.e., immediate, one year from now,..., four years from now). what is the net present value of the more attractive choice
The more attractive choice is the choice that has less present value which is Using steam generator valued at $1, 364,165.02
Given data;
cost of electricity per year: = $350,000
cost of installing a steam generator = $280,000
generator operation cost per year = $260,000
generator will last for = 5 years
cost of capital for local utility option = 10%
purchasing electricity from the local utility
cost of electricity per year: = $350,000
cost of capital for local utility option = 10%
Present value = - 350,000 - 350,000 / 1.10 - 350,000 / 1.10^2 - 350,000 / 1.10^3 - 350,000 / 1.10^4
Present value = - 1,453,452.906
Present value = - 1,453,452.91
Using steam generator
cost of installing a steam generator = $280,000
generator operation cost per year = $260,000
Present value = - 280,000 - 260,000 - 260,000 / 1.10 - 260,000 / 1.10^2 - 260,000 / 1.10^3 - 260,000 / 1.10^4
Present value = - 1, 364,165.016
Present value = - $1, 364,165.02
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If you are reviewing the industry-low, industry-average, and industry-high values for the benchmarked data on pp. 6-7 of each issue of the FIR, which one of the following would you consider to be an untrustworthy indication that one or more elements of your company's costs are too high compared to those of rival companies
If you are reviewing the industry-low, industry-average, and industry-high values for the benchmarked data on pp. 6-7 of each issue of the FIR, The development of a collection of constructions and propositions that are developed to attain certain goals pertaining to social, economic, and environmental circumstances, as well as the operation and performance of the transport system, is the focus of transport policy.
This is further explained below.
What is FIR?Generally, When the police acquire information concerning the conduct of a cognizable offense, they will compile what is known as a First Information Report (FIR), which is a written record.
In conclusion, If you are looking at the benchmarked data on pages 6-7 of each issue of the FIR, you may find the industry-low, industry-average, and industry-high numbers for each category there. The development of a set of constructions and propositions that are developed to attain certain goals pertaining to social, economic, and environmental circumstances, in addition to the operation and performance of the transport system, is the focus of transport policy. This development comes in the form of a collection of constructions and propositions that are developed.
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Compared to digital goods, traditional goods have:
Compared to traditional goods, digital goods have: lower distribution costs.
What are digital goods?
Any goods that are sold, delivered, and transferred digitally are referred to as digital goods. Media files, such as music files, video files with movies or television shows, branded multimedia files, and other similar products, are among the most prevalent examples of digital goods.
Problems with digital goods:
The protection of intellectual property is one of the main problems with digital goods. Producers and distributors must ensure that digital goods are packaged in technologies that are largely resistant to piracy or illegal sharing because they are sold in such a flexible and transferable format.
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The unit contribution margin is calculated as the difference between: _________
A. selling price and fixed cost per unit.
B. selling price and variable cost per unit.
C. selling price and product cost per unit.
D. C-fixed cost per unit and variable cost per unit.
E fixed cost per unit and product cost per unit.
Explanation:
Hhhghihjgogsu is one of the most popular and most powerful tools that you can use for 786 and your own business experience with the words below the web site is very important to me and the company is we6 and 322233455788909 is the difference between the 53 21 335 70
In a hypercompetitive industry, firms: Group of answer choices have to get used to longer product life cycles. have to be more careful and not take any risks to jeopardize their products. must be willing to cannibalize their own products. benefit from lower levels of competitivity intensity.
In a hypercompetitive industry, firms : must be willing to cannibalize their own products.
What is Hypercompetitive Industry ?
Many companies that are in this hyper competitive industry would use the strategies that are adopted by the successful market leaders. However, the things that have worked for others may not work for you.
Therefore, it becomes difficult to maintain the competitive advantage. You can stay competitive in this hyper competitive industry by keeping yourself up-to-date with the changing environmental trends and should be able to take risks.
Companies should cannibalize their products to sustain competitive advantage. In addition to this, it is important for the companies to stay on par with the latest trends and embrace them with the ever changing conditions.
Therefore, we can conclude that the correct option In a hypercompetitive industry, firms : must be willing to cannibalize their own products.
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Why does howe avoid using the term "market revolution?" What evidence does he cite to promote his avoidance? What term does he suggest be used instead, and why?
Since the expansion that followed the War of 1812 was more of an ongoing evolution than a sudden revolution, Daniel Walker Howe avoids using the term "Market Revolution" and there is evidence that a market economy already existed and had been established in the American colonies in the 18th century.
Since communication significantly improved starting around 1815 compared to earlier decades, he advocates using the term "communication revolution" to describe the early nineteenth century.
Finally, retorts Howe, the revolution that really mattered was the "communications revolution": the invention of the telegraph, the expansion of the postal system, improvements in printing technology, and the growth of the newspaper, magazine, and book-publishing industries, and the improvements in higher-speed transportation. Howe responds that the "communications revolution," which included the development of the telegraph, the expansion of the postal service, advancements in printing technology, the expansion of the newspaper, magazine, and book publishing industries, as well as the development of faster transportation, was the revolution that truly mattered.
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When the economy took a downturn and jobs were difficult to find, many people blamed immigrants. What would be a good explanation for rising prejudice in this situation
Realistic conflict theory would be a good explanation for rising prejudice in this situation.
What do you mean by Realistic conflict theory ?According to the realistic conflict theory, wherever there are two or more groups vying for the same few resources, there will be conflict, false preconceptions and ideas, and prejudice towards the various groups.
Just the perception of competition will foster hostile emotions and discriminating behavior in one group. For instance, whether or not it is accurate, ethnic group A will feel resentment and hatred if it perceives that members of ethnic group B are a threat to them by "taking employment."
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Research notes that 60 percent of employees say dealing with their boss is the most stressful part of their job. What type of professional relationship is being studied in this research
According to research, dealing with a boss is the hardest part of working for 60 percent of employees. The study of professional interactions is focused on superior-subordinate relationships.
Superior-subordinate relationshipsOn this topic, a great lot has been written and a great many investigations have been done. In earlier writing and study, first-line supervisors and their employees received a lot of attention. This chapter will primarily focus on the relationships between managers and people who are hired for their brains, also known as "knowledge workers," as well as between superior-subordinate relationships within the management structure. The goal of this chapter is to provide a quick overview of the issues surrounding the superior-subordinate relationship, to explore what research has found about them, and to discuss how the structure of the organization can influence how this relationship develops. It emphasizes interpersonal connections rather than the relationship between a supervisor and a group of subordinates.
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The size and cut of a diamond allows people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a
The answer is the Status symbol.
A status symbol is typically an object meant to symbolize the high social and financial position of its owner.
Status symbols frequently vary as a culture and its ideals evolve.
Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.
Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.
For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.
Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.
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You purchased a stock at a price of $56.04. The stock paid a dividend of $2.31 per share and the stock price at the end of the year is $62.59. What was the dividend yield
The dividend yield for the given stocks is 4.12%.
What is dividend yield?
A financial ratio (dividend/price) called the dividend yield, which is stated as a percentage, demonstrates how much a firm pays in dividends annually in relation to the price of its stock.The price/dividend ratio is the counterpart of the dividend yield.The dividends from real estate investment trusts (REITs), master limited partnerships (MLPs), and business development corporations (BDCs) are taxed more heavily than the typical dividend.The dividend yield of a stock may be rising as a result of a dropping stock price, therefore it's crucial for investors to remember that greater dividend yields do not always signal appealing investment prospects.Solution:
We know that dividend yield = [tex]\frac{Dividend per share}{Share price}[/tex] × 100
dividend yield = [tex]\frac{2.31}{56.04}[/tex] × 100 = 4.12%
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If a buyer makes a 20% down payment and obtains a $95,000 mortgage, what is the sales price of the property?
If a buyer makes a 20% down payment and obtains a $95,000 mortgage, the sales price of the property is $118,750.
What is a mortgage?A mortgage is a financial arrangement that extends credit to a buyer of the property. It is simply a loan obtained for the purchase of a property like a home.
When a mortgage is granted, the buyer of the property is usually required to make a down payment, which is a part-payment or initial payment to reduce the sales price of the property.
Down payments are usually stated in percentages. Sometimes, they are stated in dollar amounts.
Data and Calculations:Down payment = 20%
Sales price = 100%
Mortgage = $95,000 (100% - 20%, which is 80%)
Sales price = $118,750 ($95,000/80%)
Thus, if a buyer makes a 20% down payment and obtains a $95,000 mortgage, the sales price of the property is $118,750.
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and money is transferred out of a checking account, it is the transfer of funds that constitutes the actual payment for the good and service.
The price made to dealers that lend or store money is expressed as an annualized percentage of the monetary amount lent or saved. every now and then known as nominal hobby price or rate of cash.
The Fed implements financial coverage normally with the aid of influencing the federal budget price, the hobby fee that financial institutions rate each different for loans in a single day market for reserves.
Required reserves def. the amount of reserves banks must maintain in their vault or with the Fed that they cannot lend out expanded reserve requirement banks need to hold extra deposits as reserves, as a result reducing the quantity available for loans.
Financial coverage. A macroeconomic coverage enacted through the relevant bank involves the control of cash delivery and hobby charges. This coverage is regularly used to stimulate increase, manage inflation, and control change rates.
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A ________ can educate customers when discussing their products or services and create excitement when they promote special offers.
One way to educate customers when discussing the products and servicers of a company is by using a C. Corporate blog.
What is a corporate blog?
This is a tool/ blog that allows the various customers of a company to discuss the goods and services on offer.
These discussions shed more light on the goods and the company can sometimes use them to promote special offers.
Options for this question include:
A. freemium App
B. network effect
C. Corporate blog
D. Page Search
E. professional blog
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a) A person has 5 trousers, 7 shirts, 6 ties, and 3 pairs of shoes. In how many possible distinct ways can the person dress
The person can dress in 630 different ways according to permutation and combination.
What is permutation and combination?Subsets of a set can be created in two separate ways: combination and permutation. The subset's components can be listed in any order when combined. The components of the subset are listed in a permutation in a certain order.There are only a finite number of permutations and combinations for each data set. They can therefore be used to calculate the probability of complex events. The number of possible permutations increases and the likelihood that a particular permutation will occur decreases as a set's elements increase.First, The person has to decide on pants. So, he has 5 choices. And for each pant, the person has 7 shirts, 6 ties and 3 pair of shoes as choice. So, 5*7*6*3 = 630.
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Economic models often simplify the real world by holding all things equal and changing one variable to determine the impact of the change. the ""all things equal"" assumption is also known as:
Economic models often simplify the real world by holding all things equal and changing one variable to determine the impact of the change. The "all things equal" assumption is also known as ceteries paribus.
An economic model is a simplified version of reality that lets us to look at, recognize, and make predictions about economic behavior. The purpose of a model is to take a complex, real-global situation and pare it down to the essentials.
An economic model is a simplified description of reality, designed to yield hypotheses about economic behavior that can be tested. A critical characteristic of an economic model is that it's far always subjective in layout due to the fact there are no goal measures of financial consequences.
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To manage demand of highway access, traffic management agencies sometimes place traffic lights at highway on-ramps. The lights alternate between stop and go at fixed time intervals (e.g., every three seconds). The objective of placing these lights is to:
To manage the demand for highway access, traffic management agencies sometimes place traffic lights on highway on-ramps. The lights alternate between the stop and go at fixed time intervals (e.g., every three seconds). The objective of placing these lights is to convert the arriving traffic from following an exponential distribution to following a normal distribution.
Transportation call for management describes programs and tasks that intention to offer greater competitive transportation options to use by myself, lessen trips and enhance visitors congestion without building more roads.
Managing Traffic Flow Through Signal Timing
Improve air quality and reduce fuel consumption.Reduce congestion and save time for commercial and emergency vehicles, buses, and the public.Reduce the number of serious accidents.Reduce aggressive driving behavior, including red-light running.Transportation demand control, visitors call for control, or tour call for control is the application of techniques and rules to lessen journey call for or to redistribute this call for in area or in time.
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All of the following are pathways relating to the Transportation, Distribution, and Logistics Career Cluster except:
The following are pathways relating to the Transportation, Distribution, and Logistics Career Cluster except B. Merchandising.
Merchandisers are answerable for the whole lot that happens to a product from the moment its miles are added to the shop to the instant a shopper picks it up off the shelf. They screen product look and deliver in diverse stores at some point in their precise geographic area.
Vending is any exercise that contributes to the sale of products to a retail consumer. At a retail in-store stage, merchandising refers to showing products that are on the market in a creative way that entices customers to buy extra items or merchandise.
Merchandise is the term used for any product that you can sell or buy. Any top on the market is merchandise, some examples encompass groceries in a grocery store, clothes in a retail shop, electronics on an internet site, or uncooked substances in a production warehouse.
The question is incomplete. Please read below to find the missing content.
All of the following are pathways relating to the Transportation, Distribution, and Logistics Career Cluster except:
A. Facility and Mobile Equipment Maintenance.
B. Merchandising.
C. Planning, Management, and Regulation.
D. Sales and Service.
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The irr rule can lead to bad decisions when cash flows are _____ or projects are mutually exclusive.
The IRR rule can lead to a business making a bad decision if the projects are mutually exclusive and if cashflows are not conventional.
What is the IRR rule?This is a rule in capital budgeting that uses a rate which equates the Net Present Value of a project to zero.
The problem with this method is that if the cash inflows are not conventional, the IRR might make a project seem less profitable than it is which could lead to it being rejected.
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When manufacturing overhead costs are assigned to production in a process cost system, they are debited to.
When manufacturing overhead costs are assigned to production in a process cost system, they are debited to a work in process account.
What Is a Work-in-Progress (WIP)?
Production and supply-chain management terms for partially finished goods that are awaiting completion include "work-in-progress" (WIP). Raw materials, labor, and overhead expenses expended for goods that are in different phases of manufacturing are referred to as "work in progress," or WIP. On the balance sheet, WIP is a part of the asset account for inventory. The finished goods account receives these costs after which they are ultimately passed to the cost of sales.
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Since taxes are not a direct component of aggregate demand changes in taxes do not have multiplier effects on income.
Components of aggregate demand in a closed economy are consumption(C), investment(I), and government expenditure(G).
So, AD = C + I + G
And consumption is a function of disposable income(Yd) which means
C = C1 + b(Yd)
Where disposable income Yd = (Y - T ). So, disposable income is the remaining income after paying the tax to the government.
So, the AD = C1 + b(Y - T) + I + G. For simplicity we can consider investment and government expenditure as constant.
At equilibrium Y = AD so, Y = C1 + b(Y - T) + I + G.
At period 0, when tax increases ΔT amount then it will decrease consumption at b* ΔT amount. So for any given level of Y, planned expenditure is now lower than income. So initially equilibrium Y decreases by b* ΔT amount. In period 1 this change in income will decrease the consumption at a rate of b(b* ΔT) amount. So Y also decreases by amount b2 * ΔT amount and so on.
So the total change in Y is = b* ΔT + b2 * ΔT + .....
= b* ΔT ( 1 + b + b2 + .....)
= b* ΔT [ 1/ (1- b)]
So, ΔY = b* ΔT [ 1/ (1- b)]
or, ΔY/ ΔT = b / (1-b)
So even if tax is not a direct component of aggregate demand it has a multiplier effect on income. If tax decreases then it will increase disposable income and so as the consumption. An increase in consumption has a positive effect on income in that period and that increased income has a positive effect on consumption in the next period and so as the income. This process will go on.
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Write the Definition in your own words
Cash Basis of Accounting:
Cash basis of accounting is the one that recognizes when cash has been paid and received unlike accrual basis.
What is cash basis of accounting?Cash basis of accounting is the one that recognizes when revenue when received unlike accrual basis.
It is important to know that cash basis of accounting ensures the company always knows how much cash flow it has.
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Cash basis accounting is an accounting method that records revenues and expenses when cash is received or paid.
What differentiates cash basis from accrual accounting method?The cash basis accounting method recognizes revenue and expenses when cash exchanges hands.
On the other hand, the accrual basis recognizes revenue and expenses when performance obligations arise.
Thus, cash basis accounting is a method that recognizes revenue and expenses immediately after cash is received.
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The two economically viable methods for desalinating seawater are reverse osmosis and __________
The two economically viable methods for desalinating seawater are reverse osmosis and electrodialysis.
Reverse osmosis is a water purification process that uses partially permeable membranes to separate ions, unwanted molecules, and larger particles from drinking water.
Reverse osmosis is a water purification process that uses a semi-permeable membrane (synthetic liner) to filter large particles such as unwanted molecules and contaminants, as well as sediments such as chlorine, salt, and dirt, from drinking water.
Consumption of RO water leads to dilution of electrolytes dissolved in water in the body. Improper redistribution of body water between compartments can impair the function of vital organs.
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