Answer:
Closing disclosure form
Explanation:
Closing disclosure form is a form used in mortgage application that provides a final detail about the mortgage loan being applied for. It is received at least three business days before your closing.
It is usually a five page form that contains information relating to the loan terms , projected monthly payment , interest rate , estate tax and the processing fees to arrived at the closing cost
Other costs that can be found in the closing disclosure form are recording fees, attorney's fees and tax assessment
3. Not all the busines contracts
are legal. Justify.
Answer:
They could be scams wanting money out of you. It is simple as that they can act as a business but they aren't. To be honest with you you are your own business because whatever you do is good or well so you don't need approval on others so my answer is scammers cause other businesses are working hard to make money and respect their customers!
Matrix, a high-end manufacturer of men's cologne, charges high prices for its cologne because customers associate high prices with superior quality. This is an example of
Answer:
symbolic/prestige pricing
Explanation:
Symbolic/prestige pricing occurs when consumers associate with goods based on how costly it is. If the princes of the goods are low it doesn't encourage buyers to make purchases as they seem to associate high prices with top quality.
This is why matrix charges high for its cologne. Therefore Symbolic/prestige pricing is the answer to the question.
Given the list of accounts below identify which of them would appear on a balance sheet
Accounts:
Utilities Expense, Rent Expense, Equipment, Cash, Rental Revenue, Accounts Payable, Retained Earnings, Supplies
Answer:
Equipment, Cash, Accounts Payable, Retained Earnings, Supplies
Explanation:
Only the balance sheet items would be reported on the balance sheet and this includes all the assets, liabilities and equity items. This means income and expenses must not be reported in the balance sheet. Thus excluding expense and income accounts we have Equipment, Cash, Accounts Payable, Retained Earnings and Supplies.
Equipment is a fixed asset, Cash is a current asset item, accounts payable is a current liability, retained earnings is an equity item and Supplies are inventory purchases which means it is current asset.
The sequence of activities within the firm which begins with research and development, followed by design, and manufacturing, marketing/distribution, and customer service is the:
Answer:
cost life cycle.
Explanation:
The sequence of activities within the firm which begins with research and development, followed by design, and manufacturing, marketing/distribution, and customer service is the cost life cycle.
This ultimately implies that, the cost life cycle of a product or project is a process which involves estimating the overall amount of money to be spent on it over the course of its useful life.
Hence, it is used to determine the most cost-effective way to manufacture or produce a product.
When implementing change in an organization, there are always culture issues that are faced, such as not accepting change, determine how differently this would be handled thinking about the management versus leadership constructs? When dealing with performing work, how is this implemented differently within the management versus leadership constructs?
Answer with Explanation:
Requirement 1:
Implementation of changes takes a lot of time in resolving issues that we know will emerge and the issues that we don't even considered. Sometimes the situation gets so much worse that the planned solution puts no value in the implementation of the change. This cause severe damages to the company reputation and also has financial implications. The management must ensure that the planning must be free from mistakes. The cost, quality and time are the three main constraint that the management have to consider in resolving the problems so that the project cost doesn't outnumber the expected benefits.
On the other hand, the project manager have to design the processes that are free from defects and are effective as well. The execution of change implementation must bring the planned benefits for which the change is been implemented. The leadership style must be well enough that doesn't increases the problems. Furthermore the leader must be delegating tasks to every team members with allocation of resources as well. The importance of change must be communicated to each of the employees who will get affected and why it the only choice for us. This attitude will help in execution of the change implementation plan which means that the maximum benefits can be pulled off.
Requirement 2:
The management of the company must have to work hard enough so that the employee doesn't get demotivated due to different factors that have significant impact on its performance of duties. The employees must be well guided about the processes and must be continuously monitored. The management also design reward system that would uplift employee motivation and performance.
The leader has to monitor tasks assigned to employees so that the employee is timely guided and the flow of work remains consistent with the progress of other employees. Furthermore, the performance of the employee is tried to improved by proper training programs, continuous appraisal and appraising better performances.
"An individual's personal characteristics, like good looks or friendly personality, represent one of the dimensions of the status characteristics theory." do you agree or not? And why?
Answer:
Agreed
Explanation:
This theory asserts specifically that in a team, a single individual's status characteristics like their having good looks or friendly personality would create expectations of them having good job performance. Those in this category would be given important roles.
Automation technology can be used to reduce the burden of sorting through large amounts of __________ to enable an analyst to correlate various sets of __________ to make an assessment.
Answer:
Data, information
Explanation:
Automation Technology refers to the process of using minimal human efforts in any process, and then making it automatic with the use of advanced machines.
Similarly not in manufacturing processes but also in the information processes, it sorts the process and does not require huge human efforts.
As for example the efforts required to solve the sorting of 100 score sheets manually, vs sorting in excel are completely different.
Thus, this technology helps to sort the data and create the connection between various information.
"A customer sells short 100 shares of ABC stock at $50 per share. The stock falls to $40, at which point the customer writes 1 ABC Sept 40 Put at $4. The stock falls to $30 and the put is exercised. The customer's cost basis upon exercise of the put is:"
Answer:
$36
Explanation:
First, you sold the stock short at $50, and then sold a put option and received $4 per stock. Since the strike price of the put option is $40, the basis of the stock will be $40 - $4 = $36. You had to purchase the stocks to cover your short sale, so your gain = $50 (proceeds from short sale) - $36 (net basis) = $14 per stock
Dr. Duran was asked by company X to develop a selection system for hiring new employees and to revise the existing performance appraisal system. Dr. Duran was most likely asked to do this because of her experience in
Answer:
personnel psychology
Explanation:
Personal psychology is the area of the psychology of an organization that involves various things like recruitment, selection, and other job things like morale, job satisfaction, type of relationship, trust, confidence level, etc
In the given case since it is mentioned that the company wants to revise the pre-existing performance appraisal system so Dr Duran has experience in personal psychology
The measure that captures the use of a fixed asset in serving customers relative to the asset's capacity is known as the __________ rate.
Answer:
Utilization.
Explanation:
The measure that captures the use of a fixed asset in serving customers relative to the asset's capacity is known as the utilization rate.
This ultimately implies that, a utilization rate measures or estimates the level of output a fixed asset produces relative or in comparison with it's capacity.
Generally, the utilization rate is usually measured in proportions and displayed in percentages so as to gather information about organizational cost structure and operational efficiency.
Steven and Sally have income from all sources (taxable and nontaxable) totaling $140,286. Their taxable income is $114,966. Their tax liability is $20,219. Their average tax rate rounded to the nearest whole number is
Answer:
Their average tax rate is approximately 18%
Explanation:
The tax rate is the percentage of taxable income a person or corporation is required to pay as tax
The average tax rate is the ratio of the amount paid as tax to the amount of taxable income expressed as a percentage
The given parameters are;
The total income of Steven and Sally = $140,286
The taxable income of Steven and Sally = $114,966
The tax liability of Steven and Sally = $20,219
Therefore;
Their average tax rate = (Their tax liability)/(Their taxable income)×100
Which gives;
Their average tax rate = ($20,219)/($114,966) ×100 ≈ 17.6%
Their average tax rate ≈ 18% to the nearest whole number.
If there is an excess supply of money:_______
a. individuals sell bonds, causing the interest rate to rise.
b. individuals buy bonds, causing interest rates to rise.
c. individuals buy bonds, causing interest rates to fall.
d. individuals sell bonds, causing the interest rate to fall.
Answer:
The answer is C
Explanation:
During a period where there is too much of money in circulation, the value of money is worthless, inflation is high.
To reduce the money supply in circulation, the government through its central banks(The Fed in US), sells bonds to investors (which can be commercial banks or corporate individual). The investors buy these bonds and the interest rate falls
This tool employed by central banks in known as contractionary monetary tools.
An activity base ______. is part of the organization where major operations are planned and carried out is sometimes called a cost driver measures whatever causes costs to vary is a measure of whatever causes fixed costs to occur
Answer:
measures whatever causes costs to vary
is sometimes called a cost driver
Explanation:
Activity base is an action that is measured in activity based costing method. It is used to share overhead cost.
For example if cost of maintenance of machines is to be allocated to produced goods, machine hours is a good basis that is measured to achieve this.
In a more complex scenario several activity bases can be used to allocate cost.
So activity base measures whatever causes cost to vary and is also a cost driver
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers? Group of answer choices The composition of the board of directors is changed from all inside directors to all outside directors, and the directors are compensated with stock rather than cash. A firm's compensation system is changed so that managers receive larger cash salaries but fewer long-term options to buy stock. Eliminate a requirement that members of the board of directors must hold a high percentage of their personal wealth in the firm's stock. Congress passes a law that severely restricts hostile takeovers. Beef up the restrictive covenants in the firm's debt agreements.
Answer:
Actions that would be most likely to reduce potential conflicts of interest between stockholders and managers are:
The composition of the board of directors is changed from all inside directors to all outside directors, and the directors are compensated with stock rather than cash.
Explanation:
For instance, Company XYZ will get its managers' conflict of interests reduced as it achieves goal congruence. The absence of goal congruence pushes the managers of Company XYZ not to run the business professionally in the best interest of their stockholders. But, by aligning the interests of managers with those of the stockholders through more stock compensation, managers are constrained to act in the best interest of all stockholders, including themselves.
all of the following are examples of roadblocks except for
Answer:
what are the options
Explanation:
The set of activities that relate to the creation of goods and services through the transformation of inputs to outputs is referred to as A. operations management. B. marketing. C. finance. D. supply chain management.
Answer: A. Operations management
Explanation:
Operations management are the activities that has to do with the creation of goods and services by transforming them from inputs to outputs.
Marketing are the activities used by a company to promote the sale of a product or service. Finance has to do with management of money and getting of funds.
Which of the following statements are true? All costs in a merchandising company are period costs. Inventoriable costs are expensed in the period in which they are incurred. Period costs are expensed when incurred. Period costs do not flow through the inventory accounts.
Answer:
Period costs are expensed when incurred and Period costs do not flow through the inventory accounts.
Explanation:
Period Costs are not included in the valuation of the product and these mostly include all non-manufacturing costs. They are included as an expense in the period in which they are incurred.
Micro Brewery borrows $300,000 to be repaid in equal installments over a period of three years. The loan payments are semiannual with the first payment due in six months, and interest is at 6%. What is the amount of each payment
Answer:
$55,379.27
Explanation:
Amount of each payment = Principal / PVIFA
Principal = $300,000
PVIFA (r=6%/2=3%, n=3yrs*2= 6) = 5.41719
Amount of each payment = $300,000 / 5.41719
Amount of each payment = $55379.2649
Amount of each payment = $55,379.27
The stocks in Wayne’s investment portfolio lost value in the recession, but he also had CDs and a savings account. The effect of his investment diversification on his finances was to
Answer:
reduce risk
Explanation:
Since in the question it is mentioned that if the stock is made in Wayne’s investment portfolio that lost the value in the recession period but at the same time he has the CD and the saving account
So this diversification of investment effect is to decreased or reduced the risk. also, the diversification of investment made in different investment schemes is known as the portfolio and the same is to be done by him
Therefore it is a reduce in risk technique
A director of a health information services department plans to do a research project on motivation that involves rewarding some employees for achieving specified goals. A control group will not be rewarded for achieving the same goals. Which entity will need to approve this study
Answer:
institutional review board.
Explanation:
This specific research project would need to be approved by the institutional review board. This is an administrative entity that has been established in order to protect the rights and welfare of human research subjects that have been recruited or chosen as participants in a study for the company that they are affiliated with. Which is the case in this scenario, since the health information services department is planning on doing the study on their own employees.
what is the correct temperature of range of cold ingredients?
Answer:
40 degrees Fahrenheit and below
Explanation:
Any food remains fresh when it is exposed and kept to a certain degree of temperature. From 41 to 135 degrees range, any food can be maintained fresh and fit for its usage. For cold foods, the temperature ranging below 40 degrees Fahrenheit is said to be appropriate. This temperature helps to restrict and control the growth of microbes that spoil the food.
What type of targeting strategy works with uniform products for which the firm can develop a single marketing mix that satisfies the needs of all customers?
Answer:
an undifferentiated targeting strategy.
Explanation:
An undifferentiated targeting strategy is a type of targeting strategy that works with uniform products for which the firm can develop a single marketing mix that satisfies the needs of all customers.
Hence, it typically occurs when a service provider, marketer, or salesperson ignores a segment of a market and focuses his or her marketing strategy on as many people as possible in a target market.
This simply means that, an undifferentiated targeting strategy ignores a segment of a market while focusing only on the entire target market. It is employed for a single marketing mix and as such, it is used for products such as bread, soft drinks, milk, gas etc.
Subsidized and Unsubsidized loans begin to accrue interest as soon as they are disbursed. The interest that accrues on ____ loans while the borrower is enrolled at least half time is paid by the U.S. Department of Education. The borrower is solely responsible for paying ALL of the interest that accrues on ___ loans.
Answer:
subsidized, unsubsidized
Explanation:
A subsidized loan is a loan that is given to undergraduates student that need financial help. It is determined by the cost of attendance minus family contribution. It usually does not accrue any interests at half time or when studies are deferred. Most times part of the interest that accrues from the loan is paid by the Ministry of Education.
An unsubsidized loan on the other hand is one that is given out at undergraduates without resources. This type of loan accrues interests immediately and is to be paid by the students.
Cheers
describe the placement of an endorsement.
Describe the placement of an endorsement:
The placement of an endorsement is your Signature
Four principal kinds of endorsements:
special, blank, restrictive, and qualified.
An endorsement that clearly indicates the individual to whom the instrument is payable is a special endorsement.
The ________ ratio measures the extent to which a firm is able to cover its short-term obligations (usually defined as obligations due within the next year)with its short-term assets.
a. ROE
b. current
c. inventory turnover
d. working capital
Answer:
b. current
Explanation:
current ratio
Describe 3 different career fields within the Fashion industry?
A. owner made no investments in the business, and no dividends were paid during the year.
b. owner made no investments in the business, but dividends were $1,250 cash per month.
c. no dividends were paid during the year, but the owner did invest an additional $55,000 cash in exchange for common stock.
d. dividends were $1,250 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock. determine the net income earned or net loss incurred by the business during the year for each of the above separate cases: (decreases in equity should be indicated with a minus sign.)
Answer:
the first part of the question is missing:
Assets Liabilities
Beginning of the year $57,000 $24,436
End of the year $115,000 $46,575
equity = assets - liabilities
beginning = $57,000 - $24,436 = $32,564
ending = $115,000 - $46,575 = $68,425
a b c d
Beginning of the year equity $32,564 $32,564 $32,564 $32,564
Owner investments 0 0 $55,000 $35,000
Dividends ($1,250 x 12) 0 ($15,000) 0 ($15,000)
Net income (loss) $35,861 $50,861 ($19,139) $15,861
End of the year equity $68,425 $68,425 $68,425 $68,425
net income = end equity + dividends - investments - beginning equity
A buyer and seller agree that the sale will be contingent on the buyer obtaining financing. The buyer later decides she doesn't want the property, so she doesn't bother to fill out any loan applications. The contingency is dropped from the agreement because:
Answer:
the buyer did not make a reasonable, good faith effort to fulfill the contingency.
Explanation:
When a contract is formed a contingency clause requires a particular action to take place in order for the agreement to be valid.
If the condition is not met them the agreement is invalid.
For example is a sales agreement is contingent on a seller providing delivery services and this is not done, the buyer is released from his obligation of making the purchase.
So in this case if the sale is contingent on the buyer obtaining financing and he does not make an effort to obtain a loan.
The contingency can be dropped because the buyer did not make a reasonable, good faith effort to fulfill the contingency.
A $100,000 loan at 6% could be amortized with monthly payments of $843.86 on a 15-year basis or payments of $599.55 on a 30-year basis. The 30-year loan results in total payments of what percentage of the 15-year total payments
Answer:
142.1%
Explanation:
the total payments needed to pay off the 30 year loan = 30 years x 12 months x $599.55 = $215,838
the total payments needed to pay off the 15 year loan = 15 years x 12 months x $843.86 = $151,894.80
the relationship between total payments = $215,838 / $151,894.80 = 1.421 = 142.1%
Rina notices that her ad's average cost per click (CPC) is significantly higher than the industry benchmark. But she's not seeing improvements in her ad's position. What can she do to potentially get a higher ad position?
Answer: Improve the ad’s quality score.
Explanation:
Rina should try to improve her ad's quality score because even if you pay for an ad, it is not a guarantee that your ad will be picked if it does not have a good quality score.
There will be other people like her who have paid for ads and if hers is not as high quality as theirs, the search engine's search bots will pick those ones up more which would leave her ads lower on the ad hierarchy.
She can try to improve ad quality by including relevant ads and giving users a better landing page experience.