Too much inventory on hand a.increases the losses due to price declines b.ties up funds that could be used to improve operations c.increases the cost to safeguard the assets d.all of these

Answers

Answer 1

A correct option is an option (d) i.e., all of these

What do you mean by inventory?

The accounting of goods, components, and raw materials that a business either sells or utilizes in production are known as inventory. You use inventory management as a business leader to make sure you have enough goods on hand and to spot when there is a shortfall.

Why is keeping too little and too much inventory bad?

Inventory is bought to resell it for a profit, and keeping too much of it on hand can cause working capital to become locked up in items. As degradation happens and demands decline over time, inventory loses value and eventually loses money.

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Related Questions

The major feature of zero-based budgeting is that it?

Answers

The correct option is (B); Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.

What is zero-based budgeting (ZBB)?

Zero-based budgeting (ZBB) is a budgeting strategy that entails creating a fresh budget from scratch each time, or from "zero," as opposed to beginning with the budget from the prior month and making adjustments as necessary.

Key features of zero-based budgeting are-

The zero-based budgeting (ZBB) methodology helps companies match their spending to their strategic objectives. According to this methodology, firms must create their yearly budget from scratch each year in order to ensure that all of its components are affordable, pertinent, and capable of generating increased savings.With zero-based budgeting, each budgeting cycle is started at zero. This strategy requires explanation of all expenses, not just new ones. The quickest path to achieving your financial objectives is still with a thorough spending strategy.

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The correct question is-

The major feature of zero-based budgeting (ZBB) is that it

A. Takes the previous year’s budgets and adjusts them for inflation.

B. Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.

C. Assumes all activities are legitimate and worthy of receiving budget increases to cover any increased costs.

D. Focuses on planned capital outlays for property, plant, and equipment.

Sidney Crosby, a famous hockey player, is paid $10 million to wear Reebok ice-skates. Reebok hopes this will increase sales of their skates due to:

Answers

The reason why Reebok believes that Sidney Crosby wearing their ice-skates will increase sales is due to Classical Conditioning.

How will classical conditioning increase sales?

Classical conditioning leads to people associating a certain stimulus with a certain effect.

Classical conditioning would therefore lead to people associating Reebok to Sidney Crosby and so they will buy more skates because of this association.

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If a firm's dol is 3.6 with a profit of $2,000,000 and depreciation of $500,000, what are its other fixed costs?
a. $5,520,000
b. $5,250,000
c. $5.800.000
d. $4,700,000

Answers

The other fixed cost will be D. $4,700,000.

How to calculate the cost?

The contribution margin will be:

= $2000000 × 3.6

= $7,200,000

The total fixed cost will be:

= $7,200,000 - $2,000,000

= $5,200,000

The other fixed cost:

= 5,200,000 - 500,000

= 4,700,000

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A price ceiling is a legislated price that is:________

Answers

Answer:

set above the equilibruim price

Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of:_________

Answers

Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of each shareholder.

Who is a shareholder?

This is the term that is used to refer to a person that has a substantial share in the company or ion a business.

Although the person has the share in the business, their names would not have to appear in the articles of incorporation of the business.

The person whose name is likely to appear here is that of the person that actually owns this business.

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Appliances multiple choice 1 convenience shopping specialty unsought 2. Automobile battery jumpstart services multiple choice 2 convenience shopping specialty unsought 3. Cemetery plots multiple choice 3 convenience shopping specialty unsought

Answers

The question wants us to group the types of shopping in to different categories

Appliances are: shopping goodsAutomobile battery jumpstart services are specialtyCemetery plot are unsought goods

What are shopping goods?

They are goods that are more expensive than the convenience goods. They need one to shop for them. Examples are appliances.

What are specialty goods?

They are the types of goods that people would refuse to take substitutes for. They search extensively for them.

What are unsought goods?

This refers to goods to there are rarely need for people to request for them An example would be funeral services.

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What is the correlation coefficient of the relationship between the average weekly hours spent studying and the score on the final exam?.

Answers

The correct answer is : Multiple R = 0.5049 (correlation coefficient )

What is Correlation Coefficient ?

The correlation coefficient of the relationship between the average weekly hours spent studying and the score on the final exam can be determined/calculated via the relationship between the average weekly hours spent studying and the score of the final exam.

To find the correlation coefficient we will find the square root of R squared :

[tex]\sqrt{R - SQUARED}[/tex]  [tex]=[/tex]  [tex]\sqrt{0.2549}[/tex] [tex]=[/tex] [tex]0.5049[/tex]

Remember that for single variable linear regression, Multiple R, which is the square root of R2, is equal to the absolute value of the correlation coefficient. The regression coefficient for Average Weekly Hours Studying (0.03, as shown in the bottom table of the output) is positive, so the slope is of the regression line is positive. Therefore, the correlation coefficient must also be positive.

Your question is incomplete, but most probably your full question was:

SUMMARY OUTPUT

Dependent Variable: Score on Final Exam

             Regression Statistics                            

Multiple R                            0.5049

R Square                             0.2549

Adjusted R Square            0.2394

Standard Error                        0.15

Observations                            50

ANOVA                                              

                                        df           SS           MS           F         Significance F Regression                       1           0.36          0.36        16.42           0.0002

Residual                          48          1.05          0.02                                        

Total                                49           1.41                                                          

                          Coefficients   Standard   t Stat    P-Value   Lower Upper                                

                                                        Error                                     95%     95%                                

Intercept                   0.57          0.03          20.57    0.0000      0.52    0.63                                                                          

Average Weekly

Hours Studying      0.03          0.01             4.05     0.0002     0.01      0.04                                                                                                  

Therefore, we can conclude that the is : Multiple R = 0.5049 (correlation coefficient )

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Blossom Company issued $440,000 of 4%, 20-year bonds on January 1, 2022, at face value. Interest is payable annually on January 1.

Answers

The journal entry for the given record is as below:

January 1, 2022

Bonds Payable Debited 440,000

Cash Credited 440,000

What is journal entry?A journal entry is the act of recording any transaction, whether one that is economic or not.An journal entry that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry. The amount of the debits and credits must be equal in order for the journal entry to be declared balanced.Depreciation or bond amortization are examples of recurring items that can be recorded in journal entries. Accounts payable normally has its own subledger that indirectly impacts the general ledger, and journal entries are frequently filed using a different module in accounting software.

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Question:

Blossom Company issued $440,000 of 4%, 20-year bonds on January 1, 2022, at face value. Interest is payable annually on January 1. Blossom Company uses straight-line amortization for bond premium or discount.

Prepare the journal entries to record the following event.

The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.

Though asian americans comprise only about 5.6 percent of the u.s. population, they represent?

Answers

They represent the minority population in America.

A minority is a group of individuals who share the same race, culture, or religion but reside in an area where the majority of the inhabitants are of a different race, culture, or religion.

Minorities exist inside the borders of several states. African Americans, American Indians and Alaska Natives, Asians and Pacific Islanders, and Hispanics were the four biggest racial and ethnic groupings in the 1990s. This shift in America's racial and ethnic makeup is particularly obvious in some states and areas.

Therefore, Asian Americans represent the minority population.

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When a person receives an increase in wealth, what is likely to happen to consumption and saving?

Answers

When a person receives an increase in wealth, Consumption increases and saving decreases

Both present and future consumption rises as a consumer's current income does as well. Savings increase because current spending increases but does so at a slower rate than current income growth. Again, both present and future consumption rises when the customer receives an increase in predicted future income.

Savings declines because current consumption rises while current income does not. Current and future consumption both grow when the consumer's wealth increases. Again, because current income has not increased, saving has decreased. These individual actions to adjust one's consumption and saving habits have a cumulative effect on the aggregate amount of desired consumption and saving.

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Pete is thinking of asking for his own car for his birthday. Which of the following is a financial responsibility that comes with vehicle ownership

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Gas, Insurance, Registration are the financial responsibility that comes with vehicle ownership.

Financial responsibility laws, which are frequently related to automobiles, call on an individual or organisation to demonstrate that it is financially capable of covering accident-related expenses. The party is not expressly required under financial responsibility legislation to carry insurance. Instead, even if they are not at fault, the law demands that they be able to prove they have the resources to cover the entire cost of the losses.

For a number of different reasons, authorities may request proof of adherence to financial responsibility regulations. Police officers may demand proof after an accident has happened during routine traffic stops unrelated to accidents, while registering a car, and when applying to have a revoked or suspended driver's licence reinstated.

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The Board of Directors has voted to add a new product line. Casey's department will be directly responsible for implementing the changes. Casey identifies a project team to take the lead. Does Casey's project team have a role in the decision

Answers

No, because the decision has already been made by the Board of Directors.

More about directors and decision making:

The board's decision-making process is divided into two stages: communication and decision-making. Each director decides whether to incur a cost to communicate his information to others during the communication stage. At the decision-making stage, all directors take actions (e.g., vote) based on their private information and information inferred from the discussion, and the board makes a collective decision. Directors may have conflicts of interest and thus prefer a decision that is not in the best interests of the shareholders. Directors may also have a preference for conformity and thus incur a loss if their actions differ from those of other directors, such as voting differently than the majority.

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Flexible Budgeting At the beginning of the period, the Fabricating Department budgeted direct labor of $72,000 and equipment depreciation of $18,500 for 2,400 hours of production. The department actually completed 2,350 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting.

Answers

The budget for the department, assuming that it uses flexible budgeting is: $89,000.

Total Department Costs

First step is to calculate the direct labor cost

Direct Labor =2350 hours x( $72,000/2400)

Direct Labor=$70500

Second step is to calculate the Total Department Costs

Total Department Costs=$70,500+$18,500

Total Department Costs=$89,000

Therefore the budget for the department, assuming that it uses flexible budgeting is: $89,000.

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Uunder which installments option does the annuitant select the amount of each payment, and the insurer determines how long they will pay benefits?

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Under the installments for a fixed period annuity settlement option, the annuitant selects the time period for the benefits; the insurer determines how much each payment will be. This option pays for a specific amount of time only, and there are no life contingencies.

Identical payments are made over underneath a specific time body determined by means of the annuitant (e.g. 5, ten, or 20 years). If the annuitant dies in advance of the forestall of the rating period, the annuitant's beneficiary will collect the stableness of the remaining payments due.

A lifestyle insurance preference can be determined on an agreement below which the coverage proceeds are left on deposit with the coverage employer to accrue hobby and are paid to the beneficiary in identical bills for a specific quantity of years.

Annuity fine” or “Annuity duration sure” is while payments are disbursed to you for a hard and fast time frame. In most instances, you could pick out a period beginning from five years to 30 years with a length of superb annuity.

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NikeShoes produces a running shoe that it sells in the United States. The shoe has a check mark on the side, uses inferior materials, and is made using child labor. Nike, Inc. sues NikeShoes for trademark infringement under the Federal Trademark Dilution Act of 1995. What is likely to be the grounds for this suit

Answers

The product value and reputation of Nike, Inc. are being compromised by Nike Shoes.

What is the Federal Trademark Dilution Act of 1995?

The Federal Trademark Dilution Act of 1995 amends the Trademark Act of 1946 to give the owner of a well-known mark the right to an injunction and compensation for another person's commercial use of a mark or trade name if that use starts after the mark has achieved notoriety and lessens the mark's distinctiveness.

It defines the criteria the court will use to decide whether a mark is distinctive. It restricts owners of such marks to injunctive remedies unless the person for whom the injunction is requested acted with malicious intent to exploit the owner's reputation or tarnish the mark. It offers further remedies if such intent is shown to have existed.

A person's possession of a valid registration under a specific Act or on the major register renders them completely immune from legal action taken under common or state law to protect the distinctiveness of a mark, label, or form of advertisement against them with regard to that registration.

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Question Content Area One potential advantage of a corporation issuing bonds rather than additional common stock is a.the interest expense reduces taxable income and, thus, income tax expense b.the interest on bonds must be paid when due c.a higher earnings per share is guaranteed for existing common shareholders d.the corporation must pay the bonds at maturity

Answers

An advantage of issuing bonds instead of additional common stock is a.the interest expense reduces taxable income and, thus, income tax expense

What is an advantage of issuing bonds?

When bonds are issued, this means that the company would have to pay interest payments on these bonds.

The interest payments are tax-deductible which means that they will come out of pretax income and will therefore reduce the tax amount paid by the company.

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Hugh is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in Saudi Arabia! He is also a very hard worker, and is willing to work a lot of hours to make the kind of money he wants. Hugh should most likely look for the kind of job that is paid

Answers

The type of Job that Hugh has to look for should be the one that can pay him by commission.

What is a commission?

This is the money that a person is paid after they have brokered a deal. The commission is the money.

This is the service charge that Hugh is going to charge to his clients whenever he helps them.

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There can be infringement of patents, copyrights, trademarks, trade names and trade dress. True False

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True, there can be an infringement of patents, copyrights, trademarks, trade names, and trade dress.

The diverse forms of patent infringement occur whilst someone or business makes use of parts of a patented concept, approach, or device without permission. Patent infringement is also known as patent violation or even stolen thoughts. It could contain either the usage of or promotion of the patented invention or concept.

Being accused of patent infringement can be severe and feature grave results. You may be chargeable for damages, which include lost income or reasonable royalties, perhaps even lawyers' expenses or treble damages. You can even be a problem with an injunction. There are, however, some defenses to such an accusation.

Patent Infringement is the violation of a patent proprietor's rights with admire to a few invention. Except accepted by means of the patent proprietor, one commits paten infringement by means of making, using, imparting to promote, or selling some thing that includes every element of a patented declaration or its equal even as the patent is in impact.

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What is the role of incident response and management in risk mitigation and risk management?

Answers

The role of the incident response and management in risk mitigation would be to

provide the timely detection, notify, and interventionWhat is incident and management in risk mitigation?

This is the body that helps to determine the level of risk that can be termed as acceptable. They are the body that helps an organization to check the risks that they may not want as acceptable.

This is the body that has the capability and the instruments that are necessary in order to respond to the situations that are seen as critical

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Smith company has a balance in office supplies of $1350 before adjustment. Office supplies of $650 remain at the end of the year. The adjusting entry would be:_____.
A. Office Supplies 1,050
Supplies Expense 1,050
B. Office Supplies 350
Supplies Expense 350
C. Supplies Expense 1,050
Office Supplies 1,050
D. Supplies Expense 350
Office Supplies 350

Answers

Smith company has a balance in office supplies of $1350 before adjustment. Office supplies of $650 remain at the end of the year. The adjusting entry would be: Supplies Expense 1,050 Office Supplies 1,050

Liquid assets represent the cost of inventory available at a particular point in time. This account usually appears after the inventory account on the balance sheet. The relevant account is Consumables Expenses, which appear on your income statement.

Inventories are usually classified as current assets until they are actually used. When supplies are used, they are converted into costs. Inventories may be considered current assets if their dollar value is significant.

Look at the starting balance of your reserve account and subtract your current reserve balance from that balance. For example, if your supplies account balance is $ 790, the cost of consumables used during that period is $ 220.

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In this situation in which there is a in autonomous expenditures, in each successive round that the multiplier is applied:_______.

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The situation in which there is an autonomous expenditures, in each successive round that the multiplier is applied. This statement is true.

This all happens due to the expenditure multiplier in the economy.

The expenditure multiplier shows the impact of the change in autonomous spending on the  total spending as well as the  aggregate demand in the economy.

In order to find the expenditure multiplier, first of all  divide the final change in real GDP by the change in autonomous spending of the economy.

The expenditure multiplier is also able to  tell us how much more or less spending is needed to exit from an output gap.

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The Age Discrimination in Employment Act prohibits employment discrimination on the basis of age against individuals up to forty years of age. Group of answer choices False True

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True, Age Discrimination in Employment Act (ADEA) forbids age discrimination against people who are age 40 or older.

It does not protect workers under the age of 40, although some states have laws that protect younger workers from age discrimination.These legislation collectively changed the workplace by removing obstacles to opportunity and establishing a foundation of fairness and equality. Congress acknowledged that age discrimination was mostly brought on by erroneous beliefs that ability was impaired by age when it passed the ADEA.Direct and indirect age discrimination are two of the most prevalent forms of this practice.

What is the Age Discrimination Act of 1978?

Age-based discrimination against older workers in hiring, firing, layoffs, compensation, and other working conditions is illegal under the federal Age Discrimination in Employment Act (ADEA). Most employees 40 and older who work for companies with 20 or more employees are covered by the statute.

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Which one of the following actions is usually a dependable and appealing way for managers to try to boost their company's EPS

Answers

When a company buy back its own shares it can have a higher EPS that is Earnings Per Share.

What is Earnings?

Earnings are the revenue that is earned by a company by selling its goods and services to the customer. A company generates revenue and this is the sole reason why a company exists, the expenses incurred by the company and borne by the revenue and it is recommended that the expenses are lower than the revenue generated.

Earnings per share can be boosted easily by buying back company shares, a company can buy back its own shares and this is known as treasury shares. However the shares are then no more in the market and thus the shares held by the investors decrease and so the EPS increase.

Earnings are divided by the number of shares in the market and if it is divided by a lower number the EPS is boosted easily.

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Linkedin is a business-oriented social networking site that you should visit if you are looking for professional employment.
a. true
b. false

Answers

This is true. This is a site that one has to visits when they need help on issues that have to do with employment.

What is linkein?

This is is the name that is used to refer to a social media site that is used to connect the people that are actively seeking for employments and the people that are able to provide the links to such opportunities. These would be the providers or employers of labor.

The use of this site is very beneficial to its used because it brings communication closer and people are able to showcase their skills and what they can offer in the market.

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The Hayden Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 92. The journal entry to record the issuance will show a

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The Hayden Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 92. The journal entry to record the issuance will show a credit to Bonds Payable for $2,000,000.

Bonds payable are recorded whilst a corporation troubles bonds to generate cash. As a bond company, the corporation is a borrower. As such, the act of issuing the bond creates a legal responsibility. Thus, bonds payable appear on the liability facet of the company's balance sheet.

Bonds, in order to be maturing within twelve months of the balance sheet date, will be mentioned as a present-day liability but simplest if the issuer of the bonds has to use a modern asset or will create a contemporary legal responsibility as a good way to pay the bondholders when the bonds mature.

Bonds payable is a liability account that consists of the quantity owed to bondholders by using the company. This account generally appears within the lengthy-time period liabilities segment of the balance sheet, considering bonds usually mature in multiple 12 months.

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In a local school, vending machines offer a range of drinks from juices to sports drinks. The purchasing agent thinks each type of drink is equally favored among the students buying drinks from the machines. The recent purchasing choices from the vending machines are shown in the table

Answers

Based on the table on the different drinks offered by the vending machines, the number of each drink you can expect to get is 170 drinks,

What is the expected number of each drink?

The expected number of each drink can be found as:

= Total number of drinks purchased / Number of drink choices

Solving gives:

= (159 + 198 + 174 + 149) / 4

= 680 / 4

= 170 drinks

Question is:

According to the purchasing agent, how many of each drink should you expect to get?

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A modern entrepreneurship methodology that characterizes customer interactions across all touch points they have with a particular solution or brand is called.

Answers

It is called a Customer Journey.

What is a Customer Journey?

Consider the customer journey as a blueprint that shows how a consumer learns about your business, interacts with it, and more. The customer journey is defined as follows:

The total of all the interactions that consumers have with your business and brand is known as the customer journey. The customer journey captures the entire experience of being a customer, as opposed to focusing on a single transaction or event.

Example of customer Journey:

While shopping in the city, your potential consumer notices your storefront and signs (ping). She enters and observes how your shop is set up (ping). Your employee welcomes her and offers to assist her (ping) (ping). She receives assistance from a competent and courteous salesperson in choosing a stylish pair of high-quality shoes (ping).

Your new consumer is reassured that she may return the shoes with no questions asked if she changes her mind about making the purchase (ping). in addition to obtaining her email address for any future marketing (ping). Later that day, a client tweets a photo of her new shoes along with a mention of your business (ping). She is so devoted to you that she even praises your shop on Yelp.com (ping).

A few weeks later, you send her a marketing email (ping) with a discount (ping) and a reminder of your company's name and principles (ping).

This is one example. And, regrettably, if you're not paying attention or making an effort to grasp the thinking of the client, you can be undervaluing your brand. If a consumer has a bad experience when shopping at your business (couldn't find the merchandise, staff was impolite, etc.), it matters and affects how she will perceive your brand overall.

Therefore, A modern entrepreneurship methodology that characterizes customer interactions across all touch points they have with a particular solution or brand is called Customer Journey.

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Do you think that credit policy decisions are made more on the basis of numerical analyses or on subjective judgment

Answers

A process of accepting or denying credit based on the lender's discretion rather than on a specific credit score model is known as subjective credit analysis

Basis of numerical analyses or on subjective judgment?

Using past interactions with applicants who are similar to the borrower, judgment is used in the credit analysis to assess the borrower's application and determine credit approval. This method for determining approvals does not use any algorithms or empirical methods. Credit policy decisions are made more on the basis of numerical analyses or on subjective judgment. Smaller banks are the main users of subjective credit analysis. Smaller banks use judgmental credit analysis because it is more cost-effective for them to do so than it is for larger banks to develop credit scoring systems or hire a third party to establish credit scores. Large banks frequently have more automated credit processes because of the volume of applications they receive.  The judgmental credit analysis is distinct in its methodology and is founded on conventional credit analysis standards, including payment history, bank references, age, and other factors. The credit issuer employs an overall credit score that is calculated by scoring and weighting certain factors.

The majority of people are more familiar with the idea of a credit score and most frequently link it with the FICO or the Fair Isaac Corporation, which developed the most widely used credit score model, even though judgmental credit analysis works well for smaller banks. Larger banks and lenders use a credit score methodology that gauges a consumer's creditworthiness using a statistical number. Lenders then use credit ratings to determine the likelihood that a borrower would pay back their loans.

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Joyce is an accountant. Sarah, her hair stylist, cuts and perms her hair in exchange for having her taxes done. This is an example of an economic transaction that is NOT included in the national income and product accounts.

Answers

Joyce is an accountant. Sarah, her hair stylist, cuts and perms her hair in exchange for having her taxes done. This is an example of an economic transaction that is NOT included in the national income and product accounts. The given statement is true.

A transaction is a commercial enterprise event that has a financial impact on an entity's economic statements and is recorded as access in its accounting facts. Examples of transactions are as follows: Paying a supplier for services rendered or goods delivered.

Something transacted specifically an alternate or transfer of goods, offerings, or price range digital transactions. b transactions plural the frequently published document of the meeting of a society or association. 2a: an act, procedure, or example of transacting.

A cash transaction is the instant charge of coins for the purchase of an asset. a few marketplace stock transactions are taken into consideration coins transactions although the change might not accept a few days.

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If the government wants to expand aggregate demand, it can ________ government purchases or ________ taxes.

Answers

If the government wants to expand aggregate demand, it can "rebate" government purchases or "cut" taxes.

What is aggregate demand?

The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand.

Some characteristics of aggregate demand are-

The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.The correlation between output and all prices can be seen on an aggregate demand curve. In the end, the aggregate demand curve slopes downward because it predicts a fall in real gross domestic product (GDP) as prices rise.Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand. When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.

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