A trust under which property is transferred by a living trustor to a trustee with instructions for management of assets and for distribution of income, is known as a(n
Answer:
inter vivos trust.
Explanation:
A trust under which property is transferred by a living trustor to a trustee with instructions for management of assets and for distribution of income, is known as an inter vivos trust. The main purpose of an inter vivos trust is to facilitate the naming of the beneficiaries of assets or property for transfer purposes while the owner is still alive in order to avoid probations.
Doug's house was listed for $635,000. The property eventually sold for $615,000. The agreed upon commission was 5%. How much did Doug pay in commissions at the closing of the property...?
Answer:
$30,750
Explanation:
Calculation for How much did Doug pay in commissions at the closing of the property
Using this formula
Amount of Commission paid=Property sales amount×Commission percentage
Let plug in the formula
Amount of Commission paid=$615,000×5%
Amount of Commission paid=$30,750
Therefore the amount that Doug pay in commissions at the closing of the property will be $30,750
The exchange-rate effect is one of the reasons why the aggregate demand curve is downward sloping.
a. True
b. False
Answer:
True.
Explanation:
True, the given statement is right because the exchange rate or price of the currency is inversely related to the demand. when the exchange rate increases that means the price of the currency is increasing and in that case, the demand for the currency falls. If the exchange rate falls or the price of currency falls then demand for the currency rises that indicate the inverse relationship between the exchange rate and the aggregate demand. therefore, the aggregate demand curve is sloping downwards.
complete the statement with the correct words the blank was established in 2010 as a result of the dud Frank Act
Answer: Consumer Financial Protection Bureau
Explanation:
The Consumer Financial Protection Bureau (CFPB) was established in 2010 as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act which was passed by congress in a bid to make changes to the nation's financial systems and correct factors that may contribute to another crises like the Great Recession of 2008.
The CFPB's role is to protect the interest of customers in the financial services sector and as a result all financial services providers in the United States fall under its jurisdiction including banks, securities firms and credit unions.
The single-most effective fraud prevention tactic is making employees know that ________. Select one: a. fraudsters will be fired b. fraudsters will be forced to repay what they stole plus interest c. fraud could destroy the company and jobs d. fraud will be detected by IT monitoring systems and punished by the legal system
Answer:
d. fraud will be detected by IT monitoring systems and punished by the legal system
Explanation:
Fraud prevention is the measures that can be taken in order to detect and prevent fraudulent activities among employee and others in an organization or financial institution to prevent financial and material loss.
There are many ways in which frauds can be detected and prevented with the help of new technologies such as installation of closed circuit cameras and others.
It should be noted that that one of the
single-most effective fraud prevention tactic is making employees know that fraud will be detected by IT monitoring systems and punished by the legal system
A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profit by:
Answer: b. selling VIX calls
Explanation:
The client could make some money selling VIX calls. Call options give the holder the right to buy an underlying asset at a set price in future and they will do so if the market price of the underlying asset increases past the call price of the asset (exercise price).
If the client expects that market conditions will be stable then an increase in stock price is not expected. They can sell calls and make money from the premium they will charge for the calls knowing that they would not have to sell any stock to the holder as the value will not appreciate.
On a visit to sea spectacular, an outdoor aquarium, your nephew notices that each time a dolphin performs a trick it is rewarded with a fish. you have read the brochure that explains that the dolphins are trained this way to ensure that they will continue to perform the tricks for several performances each day. this is an example of:
Answer:
operant conditioning
Explanation:
Operant conditioning is a technique used to train animals or even influence human behavior based on a system of rewards and punishments. It was developed by B.F. Skinner during the first half of the 20th century. He successfully trained lab animals and even conducted experiments on human beings (little children). The key to operant conditioning is that the subject associates certain behaviors to specific rewards or punishments.
The company pays cash for a piece of equipment. the list price was $9,100, but after negotiation, the final purchase price was $8,700.
Answer:
this question is part of a longer question where you had to state how this transaction affects the accounting equation of the company:
the journal entry would be
Dr Equipment 8,700
Cr Cash 8,700
Since both accounts are asset accounts, only the assets will be affected. Cash balance will decrease by $8,700 while equipment will increase by the same amount:
Assets = liabilities + equity
cash equipment
-8,700 8,700
A 76.00 pound flask of mercury costs $130.00. The density of mercury is 13.534 g/cm3. Find the price of one cubic inch of mercury by calculating intermediate values. What is the price of one pound of mercury
Answer:
Explanation:
a) Find the price of one cubic inch of mercury by calculating intermediate values.
• What is the price of one pound of mercury?
• What is the price of one gram of mercury?
•What is the price of one cubic centimeter of mercury?
• What is the price of one cubic inch of mercury?
b) It takes 3.700 cubic inches of mercury to make one manometer. Find the price of the mercury used to make 19 manometers by first calculating the cost of mercury for one manometer.
• price of one pound of Mercury = cost of flask of mercury / pounds in the flask
= $130 / 76 pounds
= $1.71
price of one pound of Mercury = $1.71
• Price of one gram of mercury
1 pound = 453.6 grams
76 pound = 34473 grams
Price of one gram of mercury = price of mercury per pound / grams in one pound
= $1.71/ 453.6 grams
= $0.00377
Price of one gram of mercury = $0.00377
• Price of one cubic centimeter of mercury
Grams per cubic centimeter = 13.534 g/cm^3
price of one cubic centimeter =
Grams per cubic centimeter × price per grams
= 13.534 g/cm^3 x $0.00377
=$0.051
• Price of one cubic inch
1 cubic inch = 16.387 cubic centimeter
price of one cubic inches= 16.387 cubic centimeter × price per cubic centimeter
= 16.387 cubic centimeter x $0.051
=$ 0.836
(b) price of 3.700 cubic inches = price per cubic inches × 3.700 cubic inches
= $0.836 x 3.7
=$ 3.094
3.700 cubic inches = 1 manometer
price of one manometer = $3.094
Price of 19 manometers = $3.094 x 19
= $ 58.794
Please help, thank you if you do :)
Answer:
Am I trying to find out C or just simplify ?
Explanation:
7c + 40 + -3c
4c + 40
People pay monthly subscription fees to get current stock price from financial service companies. This behaviour highlights the ________ characteristic of information. Group of answer choices
Answer: timeliness
Explanation:
Timeliness has to do with time expectation for both information accessibility and availability. It can be measured as when an information is expected and the moment that the information is available for use.
People pay monthly subscription fees to get current stock price from financial service companies. This behaviour highlights the timeliness characteristic of information.
Scott Drilling Contractors recently issued a corporate bond on which it expects to pay interest for the next twenty years. Scott would record this as a __________ on its balance sheet.
Answer: Long-term Liability
Explanation:
Long-term liabilities are those debt obligations that a company has which it will only pay off in a period more than a year.
As the corporate bond that Scott Drilling Contractors issued is one that will see them making payments for 20 years, that Corporate Bond which is a debt obligation qualifies as a long-term liability and thus will be recorded as such.
The final item to be recorded on the project meeting minutes is an evaluation of both good and poor points from the meeting. On agile projects, this evaluation is called the ____:
Answer:
Retrospective
Explanation:
These are options for the question;
a.stakeholder analysis
b.lessons learned
c.plus-delta process
d.Retrospective
We were told from the question that an item to be recorded on the project meeting minutes is an evaluation of both good and poor points from the meeting. Then since the evaluation involves both good and poor points On agile projects, the evaluation is called the retrospective.
It should be noted that retrospective provide a way of measuring the degree in which the goals of the organization are been met. And make sure that degree of success is high as possible.
Sustainability programs often find their success beyond company boundaries, thus ______ systems and _____ metrics cannot capture all of the relevant numbers.
Answer:
internal; process
Explanation:
Sustainability programs are usually used by organization for the growth of the organization, it may be interms of risk management and others however, it has to be a continuous process for it to be achieved.
It should be noted that Sustainability programs often find their success beyond company boundaries, thus internal systems and process metrics cannot capture all of the relevant numbers.
Your client has been in touch to ask how they can deactivate the multicurrency setting. How would you respond? Choose the correct response: 1.To deactivate the multicurrency setting, you need to select Gear icon and Account and Settings, then select Advanced, select Multicurrency, deselect the checkbox and then select Save 2.Once multicurrency has been activated, it cannot be deactivated 3.Only Administrators can deactivate multicurrency
Answer: 2. Once multicurrency has been activated, it cannot be deactivated
Explanation:
Quickbooks is an accounting software mostly for small to medium businesses.
One of the features they offer is the multicurrency setting which enables users to record transactions in a host of foreign currencies.
This feature however requires care to be used simply because once it is turned on, it cannot be deactivated. For this reason Quickbooks warns the user several times before they activate it.
What type of planning deals with specific markets or market segments and the development of marketing programs that will fulfill the needs of customers in those markets?
Answer:
Tactical planning.
Explanation:
Tactical planning is a type of planning that deals with specific markets or market segments and the development of marketing programs that will fulfill the needs of customers in those markets. It usually occurs after an individual, organization or team has created its strategic plan which typically outlines their specific goals and objectives.
Hence, it simply describe or highlight the steps and actions to be taken by an individual, organization or team in order to achieve the set goals and objectives from a strategic plan.
Teagan wants to buy a new refrigerator. The refrigerator costs $1650. Teagan decides to finance the refrigerator for 24 months at an APR of 12.5%. Determine Teagan's monthly payment. Round your answer to the nearest cent, if necessary. Formulas
Answer:
$78.06
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e. to be shown in the attachment below:
Given that,
Present value = $1,650
Future value or Face value = $0
RATE = 12.5% ÷ 12 = 1.0416%
NPER = 24 months
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $78.06
When customers use a brand’s mobile app to shop for products, their shopping experience can be customized based on the company’s knowledge of ______________, ________________, payment methods, and even location. Select one: a. Previous purchases, product preferences b. Privacy concerns, government regulations c. Brand attitudes, political preferences d. Social media, email preferences
Answer:
a. Previous purchases, product preferences
Explanation:
In case when the customer used the brand mobile app for shopping the product so their shopping experience is based and customized on the knowledge with respect to prior purchase, preference of the product, mode of payment, and location so that the client and the company could be feel comfortable while buying and selling
Therefore the correct option is a.
I really don’t understand please help
Answer:
$2000
Explanation:
Step 1. Find the tax bracket this person belongs in.
$10,001 < $40,000 < $50,000
Answer: The middle bracket [5%]
Step 2. Find 5% of $40,000
100% / 5% = 20
$40,000 / 20 = $2000
Answer: $2000
is a doctor an occupation
Answer:
Yes , doctor is an occupational
A sales manager learns of the new specifications for the latest TITAN. How does she know if it is permissible to tell a customer about them?
Answer:
• If the information has been made public
• If Nissan gives a written permission to discuss the information
Explanation:
From the question, we are informed that a sales manager learns of the new specifications for the latest TITAN. To know if it is permissible to tell a customer about them, she'll have to find out whether the information regarding the titan has been made public and also if Nissan has given a written permission to discuss the information.
Define primary industry .
California’s agricultural acreage in 1981 equaled ___ acres.
Answer:
9.7 million
Explanation:
California a state in the United States of America is considered to be first or number one in ranking concerning agricultural activities in the country. Agriculture is generally understood to be the most significant industry in California and in 1981, the agricultural acreage equaled 9.7 million acres.
Hence, the correct answer to the question is 9.7 million acres.
The prospects for many types of jobs are ____ as automation progresses from manufacturing to clerical and retail jobs. Select one: a. best b. poor c. good d. unchanged
Answer:
Poor
Explanation:
Automation has made certain jobs redundant and machines can now carry out most of the functions usually carried out by labour. As a result, the prospects for many types of jobs is low
In this assignment, you will practice using your knowledge of an organization's responsibilities to
workers.
Which of the following traits are most important in hiring decisions? Check all of the boxes that apply.
education
gender
experience
national origin
DONE V
Answer:
The correct options are;
1) Education
2) Experience
Explanation:
The important traits that influence hiring decisions are;
1) Experience in the post advertised as always clearly outlined in job posting adverts, an experienced person will be more trusted to be able to do the advertised job than one with little experience
2) Fitting personality for the role is important especially when the job is demanding and involve grey areas such as new developments
3) Potential; The capacity to do the job and well
4) Education; Education is evidence of the ability and willingness and desire to learn.
Answer:
A. Education
C. Experience
Explanation:
Deecee Co. adjusted its historical cost income statement by applying specific price indexes to its depreciation expense and cost of goods sold. Deecee's adjusted income statement is prepared according to
Answer: Current cost accounting
Explanation:
From the question, we are informed that Deecee Co. adjusted its historical cost income statement by applying specific price indexes to its depreciation expense and cost of goods sold.
This shows that Deecee's adjusted income statement is prepared according to current cost accounting. Under current cost accounting, it should be noted that it is possible to use specific price indexes to restate the financial statements items.
Some 500 customers a day line up to buy Avalon's breads, scones, muffins, and coffee. Staffing and management are worries. Avalon now employs 35 and plans to hire 15 more. Its payroll will climb by 30 percent to 40 percent. The new CEO has executed an ambitious agenda that includes the move to a larger space, which will increase the rent from $3,500 to $10,000 a month.
Complete Question:
Read the news clip, then answer the following question A Bakery on the Rise Avalon's decision to -is a long-run decision. O A. move to a larger space Up to 500 customers a day line up to buy Avalon's breads, scones, muffins, and coffee. Staffing and management are worries. Avalon now employs 35 and plans to hire 15 more. Its payroll will climb by 30 percent to 40 percent. The new CEO has executed an ambitious agenda that includes the move to a larger space, which will increase the rent from $3,500 to $10,000 a month Source: CNN, March 24, 2008
Avalon's decision to __________ is a long run decision.
A. Move to Larger Space
B. Hire 15 more employees
Answer:
Option A. Move to Larger Space
Explanation:
The decision that alters only a single variable factor is considered as a short run decision. Labor, electricity usage, increased production are examples of variable factors. This means that increase in employees is a short run decision.
On the other hand, decision to increase or decrease the fixed factors are considered as long run decision because it is difficult to alter the decision and if we do so, then we will encounter heavy losses for a long period of time. Long run decision includes selling or purchasing or leasing of property, plant and equipment are considered as fixed factors.
In this case, Avalon is considering to move to a larger space which will result in significant increae in fixed cost. Hence it is fixed factor and is long run decision. Hence Option A is correct here.
An important attribute to keep in mind when comparing cash-management options is liquidity. In general, the __________ the liquidity of a cash management option is the____________the interest rate will be for that option. Group of answer choices
Answer:
No options were given, but I believe that the correct answers would be:
In general, the HIGHER the liquidity of a cash management option is the LOWER the interest rate will be for that option.
Explanation:
The most liquid asset is cash, and holding cash in a checking account generally yields no interest or an extremely low interest (e.g. 0.2 - 0.75% per year). If you hold cash in a savings account you will get a slightly higher rate, between 1-2% per year.
On the other hand, if you invest in long term corporate bonds, the interest rate is between 6-7%.
The more liquid the investment, the lower the interest rate.
5 th question answer please
Answer:C
Explanation:
Answer:
c
Explanation:
it is not a flexible mode of transport
Jennifer Rodriguez plans to attend graduate school in 5 years. She thinks that she will need a total of $32,000 to pay for school, and she wants to save money each month to reach her goal. What type of computation should she use?
Answer:
"Future value of an annuity" is the appropriate solution.
Explanation:
The future amount of an annuity seems to be the interest or price of a collection of additional payments throughout the aggregate beyond a certain point of time, considering a better rate of interest, or dividend yield. The higher the demand, the greater the potential quality of the investment account.