Answer:
Pro forma invoices are sent to buyers ahead of a shipment or delivery of goods or services. Most pro forma invoices provide the buyer with a precise sale price. A pro forma invoice requires only enough information to allow customs to determine the duties needed from a general examination of the included goods.
Explanation:
hope i help
Keynes believed that Question 8 options: Say's law would hold in a laissez-faire economy. the economy would always be near or on its production possibilities frontier. wages and prices are often inflexible in the downward direction. the equilibrium level of output will always be at the full-employment level of output.
Answer:
wages and prices are often inflexible in the downward direction.
Explanation:
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
Keynes believed that wages and prices are often inflexible in the downward direction.
In Economics, when there are monetary disturbances and a great level of macroeconomic factors in the economy of a particular country, this usually result in prices of goods and services being sticky.
Summary of accounting chapter 1
Answer:
Chapter 1 introduces the study of accounting. Accounting is defined as a set of concepts and techniques that are used to measure and report financial information about an economic entity. Accounting consists of both external reporting issues known as “financial accounting,” and internal reporting issues related to “managerial accounting.”
Explanation:
Comfy Cozy Chairs makes and sells rockers. Each rocker requires $45 of direct materials and $37 of direct labor. Variable manufacturing overhead is $8 per unit, and fixed manufacturing overhead totals $58,000. Variable selling and administrative costs are $15 per unit, and fixed selling and administrative costs total $102,000. During the period, 2,000 rockers were produced and 1,640 were sold. The unit product cost using absorption costing is ______.
Answer:
the unit product cost using absorption costing is $119
Explanation:
The computation of the unit product cost using absorption costing is given below:
= Direct material per unit + direct labor per unit + variable manufacturing cost per unit + fixed manufacturing cost
= $45 + $37 + $8 + ($58,000 ÷ 2000)
= $119
Hence, the unit product cost using absorption costing is $119
in a mixed economy who answers the three economic questions
- consumers
- the government
- producers
- both A and B
Question 5 of 30
In economic terms, which statement is true about the U.S. government?
A. It determines what will be produced.
B. It is a consumer.
c. It controls everything that is produced in the country.
O D. It has removed itself from all international trade.
SUNIT
Answer:
C It controls everything that is produced in the country.
Which factors can affect a stock's price? Check all that apply.
RE
market performance
the company's financial health
the quantity products produced
location of the company
the economy
capital and drawings are classified as
Answer:
Since the capital account and owner's equity accounts are expected to have credit balances, the drawing account (having a debit balance) is considered to be a contra account. In addition, the drawing account is a temporary account since its balance is closed to the capital account at the end of each accounting year.
Explanation:
Please Mark me brainliest
your grandmother tells you a dollar doesn't go as far as it use to. she says the "purchasing power" of a dollar is much less than it used to be. explain what she means. try to use and explain terms like inflation and deflation in your answer
Back then. A dollar was worth WAYYYYY more than it is now. back then you could buy a lollipop for a like a penny. However as time went on we went through deflation and prices went down
Which concurrent testing method helps calculate the visibility of an outdoor advertisement?
A. interview test
B. passers-by count test
C. telephonic survey
D. speech test
E. interactive test
Answer:
A
Explanation:
All of the following statements are true about a member firm's Business Continuity Plan EXCEPT the BCP must: A address how the member firm would deal with a significant business disruption B include scenarios of increasing severity and how the member plans to respond C be provided to any new customer at account opening D be provided to customers every 36 months after the account is opened
Answer:
D. be provided to customers every 36 months after the account is opened
Explanation:
business continuity plan can be regarded as system of procedures of organization that is aim to restore critical business functions whenever the situation of of unplanned disaster events surface. These disasters could be service outages as well as natural disasters and other potential threats. It is the the capability that an organisation could have to be able to continue the delivery of products/services following a disruptive incident at pre-defined acceptable levels.
It should be noted that For a member firm's Business Continuity Plan , the BCP must;
✓ be provided to any new customer at account opening
✓ address how the member firm would deal with a significant business disruption
✓ include scenarios of increasing severity and how the member plans to respond
Gross domestic product refers to Multiple Choice the difference between all domestic exports and imports for any nation during the course of one fiscal year. the monetary value of all products and services produced in a country during one year. the monetary value of all domestic exports of a nation during one year. the monetary value of all domestic imports of a nation during one year. the monetary value of all products and services produced by a single manufacturer during one year.
Answer:
the monetary value of all products and services produced in a country during one year.
Explanation:
Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).
Hence, gross domestic product refers to the monetary value of all products and services produced in a country during one year.
In conclusion, the Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.
Rightway Construction's project manager has been given the task of planning and implementing the construction of a playground for the city of Northville. All construction plans and documents have been provided as well as a budget amount and completion date. Based on the above scenario, and assuming the project manager has studied all construction plans and documents and reviewed the budget, the next step for the manager will be to __________.
Explanation:
create a project schedule flow chart
Government regulations that prevent two firms from merging to become a monopoly address which type of market failure?
Market power
positive externality
private good
negative externality
imperfect information
what is the meaning of cheque stub
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
Unions creates a balance of power between workers and Businesses? true or false
Answer:
true
Explanation:
Answer:
True
Explanation:
Unions reduce wage inequality because they raise wages more for low- and middle-wage workers than for higher-wage workers, more for blue-collar than for white-collar workers, and more for workers who do not have a college degree. Strong unions set a pay standard that nonunion employers follow.
Near the end of 2010, the ledger of Stivers Company included the following accounts and balances: Allowance for Doubtful Accounts$ 1,000credit balance Bad Debt Expense 0balance Accounts Receivable 200,000 debit balance Cash collections on accounts receivable during 2010 amounted to $450,000. Sales revenue during 2010 amounted to $800,000, of which 75% was on credit, and it was estimated that 2% of the credit sales made in 2010 would ultimately become uncollectible. Before adjusting entries were made for 2010, a $10,000 account was determined to be uncollectible and written off by Stivers. In the adjustment process, Bad Debt Expense was recorded to 2010. This information is not reflected in the account balances above.After the above entries were posted to the ledger, calculate the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable. Indicate whether the balance is a debit or a credit.
Answer and Explanation:
The computation of the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable is shown below;
For Accounts receivable
a) Opening balance $200,000 Debit balance
b) Current year credit sales (75% of $800,000) $600,000 Debit balance
c) (-) Current collection from accounts receivables -$450,000 Credit balance
d) (-) Bad debt expenses -$11,000 Credit balance
e) Closing balance of accounts receivables $339,000 Debit balance
for Allowance for Doubtful Accounts
Allowance required as per Current year analysis (2% of (75% of $800,000) $12,000 Credit balance
(-) Opening balance $1,000 Credit balance
$11,000 Credit balance
The journal entry is
Bad debt expense a/c …Dr 11000
To Allowance for Doubtful Accounts 11000
The Closing balance of Allowance for Doubtful Accounts 12000 Credit balance
For Bad debt expenses
The journal entry is
Bad debt expense a/c …Dr 11000
To Allowance for Doubtful Accounts 11000
The Closing balance of Bad debt expense account 0
A house is being appraised using the sales comparison approach. The house has four bedrooms, three bathrooms, and no pool. The appraiser selects a comparable house that has three bedrooms, three bathrooms, and a pool. The comparable house just sold for $280,000. A bedroom is valued at $18,000, and a pool at $15,000. Assuming all else is equal, what is the adjusted value of the comparable?
Answer:
$283,000
Explanation:
Calculation to determine the adjusted value of the comparable
Using this formula
Adjusted value of the comparable= Comparable houseValue +Bedroom value- Pool value
Let plug in the formula
Adjusted value of the comparable=$280,000+$18,000-$15,000
Adjusted value of the comparable=$283,000
Therefore the adjusted value of the comparable is $283,000
During the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Answer:
Explanation:
ruing the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Attaining financial objectives is important because Multiple choice question. they are related to market standing and competitive vitality. it ensures the company's viability over the long term. they are more important than strategic objectives. they indicate company's future business prospects.
Answer:
The answer is "The third choice".
Explanation:
Financial objectives are the goals of an institution that are monetarily expressible. This term means goals that immediately influence the financial reports of the company, like the revenue statement or even the balance sheet.
This gives us a better intention to leave toward main contributions. Standard accounting aims are increased revenues, higher profit margins, a decrease in difficult times as well as a return on capital.
I allow you to write letters of the alphabets what I am
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
For Bonita Industries, the predetermined overhead rate is 70% of direct labor cost. During the month, $800000 of factory labor costs are incurred of which $210000 is indirect labor. Actual overhead incurred was $340000. The amount of overhead debited to Work in Process Inventory should be:
Answer:
$147,000
Explanation:
Calculation to determine what The amount of overhead debited to Work in Process Inventory should be:
Using this formula
Overhead debited to Work in Process Inventory=Factory labor costs*Predetermined overhead rate
Let plug in the formula
Overhead debited to Work in Process Inventory=$210,000*70%
Overhead debited to Work in Process Inventory=$147,000
Therefore The amount of overhead debited to Work in Process Inventory should be:$147,000
In 20 words or fewer, name some other types of opportunity costs
besides money, time, and energy.
Answer:
Opportunity cost is a fictitious cost used in the assessment of alternative resource uses. The cost is the lost income from the alternative that you have not chosen to use. A standard example is when a person has a large amount of money and two options: Save them at a fixed monthly interest rate or pay off their loans. If you choose to save at a fixed monthly interest rate, the monthly cost of the loan will be the alternative cost. If, on the other hand, you choose to pay off your loans, the lost interest income will be the alternative cost.
All of the following are requirements for a broker-dealer's AML program EXCEPT: A the designation of a AML person who is responsible for creating and enforcing written AML procedures B annual independent compliance testing of the firm's AML procedures C ongoing training of personnel in the firm's AML procedures D annual background checks of all employees, both registered and unregistered
Answer:
D annual background checks of all employees, both registered and unregistered
Explanation:
Anti Money Laundering programmes are put in place to prevent illegal transfer of funds that are usually sourced from criminal activities like illegal drug trade, human trafficking, robbery, and so on.
Financial institutions and brokers are required to adeher to AML programmes. The various requirements are:
- internal controls, policies, and procedures put in place for enforcing AML strategies
- policies designed to detect transactions in violation of AML guidelines
- AML compliance officer is to be appointed to enforce AML policies
- continuous AML training
- independent assessment of the company's AML programme
- ongoing due diligence on customers and their transactions including a Know Your Customer (KYC) framework.
It is not required to do a annual background checks of all employees, both registered and unregistered.
Annalise received financial aid offers from two universities.
Financial Analysis for Option A
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$10,000
$7,000
Room & Board
Work-Study
$11,500
$4,000
Financial Analysis for Option B
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$28,000
$18,000
Room & Board
Work-Study
$9,000
$4,000
Which statement about the costs per year is true?
Option A will save her $4,500.
Option B will save her $7,000.
Option B will save her $11,000.
Option A will save her $15,500.
Answer:
Option A will save her $4,500
Explanation:
Calculation to determine Which statement about the costs per year is true
First step is to calculate OPTION A cost per year
Option A Costs per Year
Work-Study $4,000
Tuition & Fees $10,000
Scholarship & Grants $7,000
Room & Board $11,500
Total $18,500
Second step is to calculate OPTION B cost per year
Option B Costs per Year
Work-study $4,000
Tuition & Fees $28,000
Scholarship & Grants $18,000
Room & Board $9,000
Total $23,000
Now let determine Which statement about the costs per year is true
Costs per year= $23,000-$18,500
Cost per year=$4,500
Therefore the statement about the costs per year that is true will be: Option A will save her $4,500 because the cost per year for OPTION A is LESS COSTLY than that of option B by $4,500.
If a customer at a Target store brings a purchase to checkout, and the item is not priced, the clerk at the register can ask the customer what the price is. If the price is $25 or less, the clerk does not have to do a price check. The clerk has been given the authority to trust the customer to have quoted the correct price. This sort of discretionary power is called:
April is worried that she is not a "good speller," so she plans to let the spelling
checker correct all her mistakes. What would be the most helpful advice for
April?
A multinational food manufacturing company decided to use a football player to promote its new protein shake during the Super Bowl. In the advertisement, the celebrity informed the audience that the drink was highly energizing, and as a result, the sales of the product increased three-fold. Which factor contributed to the increase of the product's sales
Answer:
source credibility.
Explanation:
The factor that contributed to the increase in product sales was the source credibility, which occurs when there is a strong positive appeal from the communicator of a message by the receiver, which in the case of a marketing advertisement, for example, leads to success for a company, as was the case mentioned in the question above, where a celebrity was used to communicate an advertising message that was strongly accepted by the potential public of the brand, which resulted in tripling sales of the product.
It is important to note that source credibility occurs when there is some relationship between the communicator and what is being communicated, such as the football player who promoted the new protein shake during the superbowl. Thus, there is a relationship between the player's characteristics and the product, broadcast in the ideal place and time where the potential consumers of that product are.
A manufacturer uses a standard cost system with overhead applied based upon direct labor hours. The manufacturing budget for the production of 5,000 units for the month of May included the following information: Direct labor 10,000 hours at $15 per hour $150,000 Variable overhead 30,000 Fixed overhead 80,000 During May, 6,000 units were produced and the fixed overhead budget variance was $2,000 favorable. Fixed overhead during May was
Answer:
Your answer is given below:
Explanation:
Labor efficiency variance = (Standard hour-actual hour)Standard rate
-1500 = (10000*15-X15)
15X = 151500
x(actual hour) = 10100 Hour
Alice was recently criticized for the poor performance of her store this quarter. When Alice stated that profits for the company overall were down for the quarter, she mentioned that recent highway construction in front of her store was the main reason for low profits. She presented reports that compared store sales along the highway versus other stores in her town to prove her point. This is an example of
Answer:
a. inoculation
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION
a. inoculation
b. inductive reasoning
c. deductive reasoning
d. cognitive dissonance
From the question we are informed about Alice who was recently criticized for the poor performance of her store this quarter. When Alice stated that profits for the company overall were down for the quarter, she mentioned that recent highway construction in front of her store was the main reason for low profits. She presented reports that compared store sales along the highway versus other stores in her town to prove her point. This case is an example of inoculation.
Inoculation approach can be regarded as a approach that is utilized in comparative advertising campaign so that consumer resistance can be built
to competitive products. This term was
derives from the medical term of
prevention of disease through the use of inoculations of little weakened doses of that disease so that natural defense system so that the body could be stimulated. For instance, inoculation message can be designed so that
teen cigarette smoking can be
discouraged.
John Maynard Keynes drew many economists ______________ the classical view. The classical view held that a market economy __________ regulate itself to avoid long periods of excessive unemployment. Question 5 options: toward; can toward; cannot away from; can away from; cannot
Answer:
The answer is "away from; can"
Explanation:
It concentrates upon on short-term change. Keynesian recommended increasing government expenditure & lower taxes, depending upon his theory, to stimulate demand and to pull the global economy out of depression. He believed the conventional economic theory didn't offer a strategy of ending depressions. He stated that uncertainty led individuals and companies to stop investment spending, and the state had to act to invest money to restore the market.
