from the 1970s to the present time, the primary role of business technology has

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Answer 1

From the 1970s to the present time, the primary role of business technology has evolved significantly. Initially, the focus was on automating repetitive tasks and improving operational efficiency through the use of computer systems and software.

This led to the development of enterprise resource planning (ERP) systems, which integrated various business processes such as finance, accounting, and inventory management.

With the advent of the internet and the rise of e-commerce in the 1990s, the role of business technology shifted towards enhancing customer experience and facilitating online transactions. This led to the development of customer relationship management (CRM) systems and online payment gateways.In the 2000s, the focus of business technology shifted towards improving collaboration and communication within organizations. This led to the development of enterprise social networking tools and unified communication systems.In recent years, the role of business technology has expanded to include data analysis and artificial intelligence (AI) technologies. These technologies enable businesses to gather and analyze large amounts of data to make better-informed decisions and automate various processes.Thus, the primary role of business technology has evolved from improving operational efficiency to enhancing customer experience, facilitating online transactions, improving collaboration and communication within organizations, and leveraging data analysis and AI technologies to drive business growth.

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once a dissenting shareholder elects appraisal rights, the shareholder loses his or her shareholder status. true false

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False. Electing appraisal rights does not result in the loss of shareholder status.

Shareholders who dissent from a corporate action and demand appraisal of the fair value of their shares are entitled to be paid the appraised value of their shares and retain their shareholder status. The appraisal process typically involves a court proceeding or arbitration to determine the fair value of the shares, which the company is then required to pay to the dissenting shareholders. The purpose of appraisal rights is to protect minority shareholders from being forced to sell their shares in situations where they do not agree with a corporate action that is approved by the majority of shareholders.

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False. Once a dissenting shareholder elects appraisal rights, the shareholder does not lose his or her shareholder status. Electing appraisal rights does not result in the loss of shareholder status.

Appraisal rights are a legal mechanism that allows dissenting shareholders to dissent from certain corporate actions, such as mergers or acquisitions, and seek a fair appraisal of the value of their shares. By exercising appraisal rights, shareholders have the opportunity to have their shares independently valued by the court or an appraiser.

While the dissenting shareholder may have certain rights and remedies related to the appraisal process, such as the right to receive fair value for their shares, they still retain their status as shareholders during this process. They continue to hold their shares and may be entitled to any distributions or dividends associated with their ownership.

It's important to note that the specifics of appraisal rights can vary by jurisdiction and the applicable laws governing shareholder rights. Therefore, it's advisable to consult the relevant legal statutes and seek professional advice in specific cases to understand the precise implications of exercising appraisal rights.

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you put money into an account and earn a real interest rate of 5 percent. inflation is 2 percent, and your marginal tax rate is 35 percent. what is your after-tax real rate of interest?

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The after-tax real rate of interest is 2.25 percent.

First, we need to find the after-tax nominal rate of interest. The nominal interest rate is 5 percent, and your marginal tax rate is 35 percent.

So, the after-tax nominal interest rate is 5% * (1 - 0.35) = 3.25 percent.
Next, we need to account for inflation, which is 2 percent.

To find the after-tax real rate of interest, we use the formula: (1 + after-tax nominal rate) / (1 + inflation rate) - 1 = (1 + 0.0325) / (1 + 0.02) - 1 = 0.0225 or 2.25 percent.


Summary: Considering the given real interest rate, inflation, and marginal tax rate, your after-tax real rate of interest is 2.25 percent.

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which occurred in the united states in the decades after world war ii? responses high unemployment high unemployment the rise of fascism the rise of fascism economic depression economic depression the civil rights movement the civil rights movement

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In the decades after World War II, the United States experienced the rise of the civil rights movement and economic prosperity.

The 1950s and 1960s saw significant progress in the civil rights movement, with landmark Supreme Court decisions such as Brown v. Board of Education and the Montgomery Bus Boycott leading to the desegregation of schools and public spaces. This era also saw the rise of prominent civil rights leaders like Martin Luther King Jr. and Malcolm X, who advocated for equal rights and nonviolent protest.
Economically, the post-war period was marked by a period of sustained growth and prosperity. The GI Bill provided educational and employment opportunities for returning veterans, while new technologies and innovations fueled economic growth. However, this period of growth was not without its challenges, as income inequality and racial disparities persisted.
Overall, the decades following World War II were characterized by significant social and economic change in the United States.

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which of the following assets is deducted from common equity tier i capital? a. bank premises. b. trademarks. c. goodwill. d. patents.

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 The correct answer to your question is c. Goodwill. Common Equity Tier 1 (CET1) capital is a measure of a bank's financial strength, which is important for maintaining stability in the banking system. When calculating CET1 capital, certain assets are deducted to better assess the bank's true financial position.

Common Equity Tier 1 (CET1) capital is a regulatory measure of a bank's financial strength and ability to withstand losses. It comprises mainly common stock and retained earnings. When calculating CET1 capital, certain assets are deducted to account for their illiquid nature or potential volatility in value. Out of the options given, goodwill is typically deducted from CET1 capital as it represents the excess amount paid for an acquisition beyond the net asset value. Patents and trademarks are considered intangible assets that may or may not be deducted depending on their level of liquidity and marketability. Bank premises, on the other hand, are not typically deducted from CET1 capital but are subject to specific risk weightings. Overall, it's important to understand how different assets are treated under CET1 capital rules to assess a bank's capital adequacy.

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korie wants to start her own business making custom furniture. she can purchase a factory that costs $400,000. korie currently has $500,000 in the bank earning 3 percent interest per year. refer to scenario 13-1. if korie purchases the factory with her own money, what is the annual implicit opportunity cost of purchasing the factory? a. $3,000 b. $12,000 c. $0 d. $15,000

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annual implicit opportunity cost of purchasing the factory is $12,000 (option b).

The annual implicit opportunity cost of purchasing the factory with Korie's own money is the amount of interest she could have earned on her $400,000 if she did not use it to buy the factory. At 3 percent interest per year, Korie would earn $12,000 in interest on $400,000.
Therefore, the answer is (b) $12,000.
If Korie purchases the factory with her own money, the annual implicit opportunity cost of purchasing the factory is the foregone interest that she could have earned on her bank account.
Korie has $500,000 in the bank, earning 3 percent interest per year. If she uses $400,000 to purchase the factory, she will lose out on the interest that the $400,000 could have earned.
To calculate the opportunity cost, we can use the formula:
Opportunity cost = (Amount used for investment) x (Interest rate)
Opportunity cost = ($400,000) x (3%)
Opportunity cost = $12,000
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with open-end mutual funds, investors cannot lose more than they invested. group of answer choices true false

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True. With open-end mutual funds, investors cannot lose more than they invested. This is because open-end mutual funds are designed to spread investment risks across a wide range of securities, reducing the overall risk exposure of the investor.

Open-end mutual funds are highly regulated by the Securities and Exchange Commission (SEC), which requires that they have a certain level of liquidity to meet investor redemptions.

This means that even if the value of the securities held by the mutual fund drops, the fund must still be able to meet investor requests for redemptions without having to sell securities at fire-sale prices. However, it is important to note that while investors cannot lose more than they invested, they can still experience losses if the value of the securities held by the mutual fund decreases. This is why it is important for investors to carefully research and select mutual funds that align with their investment goals, risk tolerance, and time horizon. Additionally, diversification is key to reducing risk in any investment portfolio, including those that include open-end mutual funds. By spreading investments across a variety of mutual funds, as well as other asset classes such as stocks, bonds, and alternative investments, investors can minimize their overall risk exposure.

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the term ______ refers to the fact that an agreement is so unfair that it is void of conscience.

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The Unconscionability is a legal term that refers to a situation where an agreement is so unfair and oppressive that it shocks the conscience and is considered invalid.

It is often used to protect individuals from being taken advantage of in contracts or other legal agreements.

When a court determines that a contract is unconscionable, it may declare the contract to be null and void.

In legal terms, it means that the agreement heavily favors one party over the other, and is considered to be so unfair that it cannot be enforced in a court of law. Courts may deem a contract unconscionable if it was entered into under duress, undue influence, or there was a significant imbalance in bargaining power between the parties.

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ups has a beta of 1.0, and wal-mart has a beta of 0.6. the risk-free rate of interest is 2.5% and the expected return on the market is 9%. what is the expected return on a portfolio with 40% of its money in ups and the balance in wal-mart?

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The expected return on the portfolio with 40% in UPS and 60% in Wal-Mart is 7.16%.

To calculate the expected return on a portfolio, we use the Capital Asset Pricing Model (CAPM). First, we find the expected return for each stock using the formula: Expected return = Risk-free rate + (Beta * (Expected market return - Risk-free rate)).
For UPS:
Expected return = 2.5% + (1.0 * (9% - 2.5%)) = 2.5% + 6.5% = 9%
For Wal-Mart:
Expected return = 2.5% + (0.6 * (9% - 2.5%)) = 2.5% + 3.9% = 6.4%
Now, we calculate the portfolio's expected return using the weighted average of the expected returns of each stock:
Portfolio expected return = (40% * 9%) + (60% * 6.4%) = 3.6% + 3.84% = 7.16%


Summary: Using the CAPM and the weighted average method, we found the expected return on a portfolio with 40% in UPS and 60% in Wal-Mart to be 7.16%.

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this year andrews achieved an roe of 23.8%. suppose management takes measures that increase asset turnover (sales/total assets) next year. assuming sales, profits, and financial leverage remain the same, what effect would you expect this action to have on andrews's roe?

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Increasing asset turnover will lead to an increase in Andrews's ROE, assuming sales, profits, and financial leverage remain constant.

Return on Equity (ROE) is a financial ratio that measures a company's profitability in relation to its equity. It is calculated by dividing net income by shareholders' equity. The DuPont analysis breaks down ROE into three components: net profit margin, asset turnover, and financial leverage. In this case, Andrews has achieved an ROE of 23.8%.

If management takes measures to increase asset turnover (sales/total assets) next year, while sales, profits, and financial leverage remain the same, the effect on Andrews's ROE will be positive. This is because a higher asset turnover indicates that the company is using its assets more efficiently to generate sales, which in turn leads to a higher ROE, reflecting improved overall performance and financial health.

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in the internalization theory of foreign direct investment, what are "transaction costs"?

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In the internalization theory of foreign direct investment, "transaction costs" refer to the costs associated with completing a transaction between two parties in the market.

These costs include the costs of negotiating, monitoring, and enforcing contracts. In the context of foreign direct investment, transaction costs refer to the costs that firms face when engaging in cross-border transactions, such as the costs of managing a foreign subsidiary, coordinating activities between different units in different countries, and dealing with different legal systems and cultural norms.

Transaction costs are an important consideration in the internalization theory of foreign direct investment because they help to explain why firms may choose to undertake foreign direct investment rather than relying on the market to fulfill their needs.

By internalizing transactions within the firm, firms can avoid many of the costs associated with completing transactions in the market, which can lead to greater efficiency and profitability.

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what agency can help you when you have been "riped off" as a consumer?
A: IRS
B:DOE
C:FTC
D:FBI​

Answers

Answer: FTC

Explanation:

Federal Trade Commission(FTC):

The FTC enforces federal consumer protection laws that prevent fraud, deception and unfair business practices. The Commission also enforces federal antitrust laws that prohibit anticompetitive mergers and other business practices that could lead to higher prices, fewer choices, or less innovation.

50.0% complete question which of the following likely has the highest credit score? a.sally has 5 credit cards, credit utilization of 40% and a perfect payment history for 5 years. b.ralph has 3 credit cards, credit utilization of 20%, an installment loan, a mortgage, and a perfect payment history for 3 years. c.jack's only debt is 2 credit cards totaling $50,000 limit. d.francine has a 30-year mortgage in the 10th year with a perfect payment history. this is her only debt

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Among the given options, Ralph (option B) likely has the highest credit score.


Ralph has a diverse mix of credit (credit cards, installment loan, and mortgage), a lower credit utilization of 20%, and a perfect payment history for 3 years.

Although Sally has a longer payment history, her credit utilization is higher at 40%. Jack's only debt is the high credit card limit, and Francine has a single type of credit (mortgage) in her profile.


Summary: Considering credit utilization, payment history, and credit mix, Ralph is the most likely to have the highest credit score.

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the building blocks of financial statement analysis include liquidity and efficiency, solvency, profitability, and market prospects. group startstrue or false

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The building blocks of financial statement analysis typically include four key areas: liquidity and efficiency, solvency, profitability, and market prospects. True statement.

Each of these areas provides valuable insights into a company's financial health and can be used to assess its overall performance and potential for growth.

Liquidity and efficiency analysis focuses on a company's ability to meet its short-term obligations and efficiently manage its resources. This includes measures such as current ratio, quick ratio, and inventory turnover. Solvency analysis, on the other hand, looks at a company's long-term financial stability and ability to meet its debt obligations. Key ratios in this area include debt-to-equity ratio and interest coverage ratio.Profitability analysis assesses a company's ability to generate profits over time, which is essential for long-term growth and success. Key ratios in this area include return on assets, return on equity, and gross profit margin. Finally, market prospects analysis looks at a company's growth potential and future prospects, including measures such as price-to-earnings ratio and market capitalization.Overall, financial statement analysis is a critical tool for investors, analysts, and stakeholders to evaluate a company's performance and make informed decisions.

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the city of east arbor receives occupancy taxes collected by local hotels. these revenues are restricted by state law for promotion of tourism. these tax revenues should be reported in the government-wide statement of activities as:

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The city of East Arbor should report the occupancy taxes collected by local hotels in the government-wide statement of activities as restricted revenues.

Restricted revenues are those that have constraints placed on them by external parties, such as state laws or grant agreements. In this case, the state law restricts the use of the occupancy taxes for the promotion of tourism, which means that the city cannot use these revenues for other purposes.

In the government-wide statement of activities, restricted revenues are reported separately from unrestricted revenues. This allows the users of the financial statements to see how much of the government's revenues are available for general use and how much are restricted for specific purposes.

Therefore, the occupancy taxes collected by local hotels should be reported in the government-wide statement of activities as restricted revenues, to reflect the constraints placed on their use by state law.

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Which of the following can be used as a punishment for suppliers that perform poorly?
a. Billback penalty
b. Downgrade the supplier's status
c. Elimination of future business with the focal firm
d. All of these choices are correct.

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When suppliers perform poorly, there are several ways to address the issue. The correct answer is d. All of these choices are correct.

One option is to implement a billback penalty, which is a deduction from the supplier's payment for any costs incurred by the focal firm as a result of the supplier's poor performance.

Another option is to downgrade the supplier's status, which may mean reducing the volume of business given to the supplier or placing the supplier on probationary status. Lastly, elimination of future business with the focal firm is also an option, which may involve terminating the supplier relationship altogether. The choice of punishment will depend on the severity of the supplier's poor performance and the focal firm's overall relationship with the supplier. It is important to consider the potential consequences of each option, including the impact on the focal firm's reputation, relationships with other suppliers, and financial performance. Ultimately, the goal of any punishment should be to encourage improved performance and ensure that the focal firm receives the goods and services it needs to operate effectively.

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An ambidextrous organization allows research and development to explore innovation while also
Multiple choice question.
- implementing clear rules for R&D.
- removing the focus on quality culture.
- continually improving operating processes.
- tightening the budget.

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An ambidextrous organization allows research and development to explore innovation while also continually improving operating processes.

An ambidextrous organization allows research and development to explore innovation while also continually improving operating processes.

This means that the organization is able to balance the exploration of new ideas and technologies with the optimization of existing processes, ensuring both growth and efficiency.

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What was the relationship between unemployment and immigration during the Great Recession?
A. Anxiety over illegal immigration rose
B. Jobless Americans easily migrated to other countries for work
C. Unemployed workers got work in immigration welcome centers

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Answer:

The correct answer is: A. Anxiety over illegal immigration rose

Explanation:

During the Great Recession, the unemployment rate in the United States rose to 10%. This led to increased anxiety over illegal immigration, as many Americans believed that undocumented immigrants were taking jobs away from citizens. This anxiety was compounded by the fact that many undocumented immigrants were working in low-wage jobs that were particularly vulnerable to economic downturns.

The other options are incorrect. Jobless Americans did not easily migrate to other countries for work, as most countries were also experiencing economic downturns. Unemployed workers did not get work in immigration welcome centers, as these centers were primarily focused on providing services to new immigrants.

The Great Recession had a significant impact on immigration to the United States. The number of immigrants coming to the United States declined sharply, and the number of undocumented immigrants in the country decreased. The recession also led to increased anxiety over illegal immigration, as many Americans believed that undocumented immigrants were taking jobs away from citizens.

if consumers pay 100 percent of a commodity tax, what could one conclude?

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If consumers pay 100 percent of a commodity tax, it can be concluded that the tax burden falls entirely on the consumers. This means that the suppliers or producers of the commodity are able to pass on the full amount of the tax to the consumers in the form of higher prices.

This conclusion is based on the economic theory of tax incidence, which refers to the way in which the burden of a tax is distributed among different groups in an economy. The theory suggests that the ultimate incidence of a tax depends on the relative price elasticities of supply and demand for the commodity in question.If demand for the commodity is relatively inelastic, meaning that consumers are willing to pay a higher price for the commodity even if the tax is imposed, then the suppliers can pass on the full amount of the tax to the consumers. This is because the consumers have limited alternatives to the commodity and are not able to reduce their consumption in response to the higher price.On the other hand, if demand for the commodity is relatively elastic, meaning that consumers are more sensitive to changes in price and are likely to reduce their consumption if the price increases, then the suppliers may not be able to pass on the full amount of the tax to the consumers. In this case, the suppliers may have to absorb some of the tax themselves in order to maintain their sales volume.

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an example of ""deindustrialization"" in the united states economy is apparent in this area:

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One example of deindustrialization in the United States economy is the Rust Belt region. This area, located in the Midwest and Northeast regions of the country, was once a hub of industrial activity, particularly in the manufacturing of steel and automobiles.

However, over the past few decades, many factories and industries have closed or moved overseas, resulting in high unemployment rates and a decline in the local economy. This has led to the term "Rust Belt" due to the abandoned factories and empty warehouses that have rusted over time. The effects of deindustrialization have been felt in many other parts of the United States as well, as the economy has shifted away from manufacturing and towards service industries.

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walters manufactures a specialty food product that can currently be sold for $22.50 per unit and has 20,500 units on hand. alternatively, it can be further processed at a cost of $12,500 and converted into 12,500 units of deluxe and 6,500 units of super. the selling price of deluxe and super are $30.50 and $20.50, respectively. the incremental income of processing further would be:

Answers

incremental income of processing further would be $502,000.

To calculate the incremental income of processing further, we need to compare the income that would be generated by selling the 20,500 units as they are versus the income that would be generated by processing them into deluxe and super units and selling them at their respective prices.
First, let's calculate the income from selling the 20,500 units as they are:
Income from selling 20,500 units at $22.50 per unit = 20,500 x $22.50 = $461,250
Now, let's calculate the income from processing further:
Cost of processing = $12,500
Revenue from selling 12,500 deluxe units at $30.50 per unit = 12,500 x $30.50 = $381,250
Revenue from selling 6,500 super units at $20.50 per unit = 6,500 x $20.50 = $133,250
Total revenue from processing = $381,250 + $133,250 = $514,500
Incremental income from processing further = Total revenue from processing - Cost of processing
= $514,500 - $12,500
= $502,000

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Amy, age 19 and​ single, has​ $8,050 of​ wages, $800 of​ interest, and​ $350 of​ self-employment income.
A. Amy need not file because her gross income is less than the threshold of $10,000 and her​ self-employment income is less than​ $400.
B. Amy must file even though her gross income is less than the threshold of $10,000​, her​ self-employment income is greater than​ $300.
C. Amy must file because her gross income exceeds the limit.
D. Amy need not file because her gross income is less than the threshold of $10,000 and her​ self-employment income is less than​ $800.

Answers

Based on the given information, Amy's gross income is $9,200 ($8,050 + $800 + $350).

The threshold for filing a federal tax return for a single individual under the age of 65 in 2021 is $12,550.

Therefore, option A is incorrect as Amy's gross income is higher than the threshold. Option B is correct as self-employment income of $400 or more requires filing a tax return regardless of the gross income.

Option C is incorrect as Amy's gross income is still below the limit for a single individual under the age of 65.

Option D is also incorrect as Amy's self-employment income is $350 which is below the threshold of $400. Therefore, option B is the correct answer.

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godzilla corp. has the following account balances on december 31st: sales revenues (100% on credit) $3,450,000 sales discounts $44,000 sales returns and allowances 110,000 accounts receivable 300,000 allowance for doubtful accounts (credit balance before adjustment) 5,000 godzilla estimates that their bad debt expense will be 2% of net credit sales. what is the net realizable value of account receivable on the december 31st balance sheet?

Answers

The net realizable value of accounts receivable on the December 31st balance sheet is $290,000.

To calculate this, we first need to calculate the net credit sales, which is the total sales revenue ($3,450,000) minus the sales discounts ($44,000) and sales returns and allowances ($110,000), which comes out to be $3,296,000. Next, we need to estimate the amount of bad debt expense, which is 2% of the net credit sales, or $65,920. This amount needs to be added to the allowance for doubtful accounts to arrive at the new credit balance, which is $70,920. To calculate the net realizable value of accounts receivable, we need to subtract the allowance for doubtful accounts ($70,920) from the accounts receivable balance ($300,000), which gives us a net realizable value of $229,080. Therefore, the net realizable value of accounts receivable on the December 31st balance sheet is $290,000 ($229,080 + $70,920).

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hoosier manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 100 units per hour. in the month of july, the company operated the production line for a total of 175 hours and produced 16,900 units of output. a. what was its capacity utilization rate for the month? b. now the production shop will produce a new product and need to order the new part. demand for an item is 1,000 units per year. each order placed costs $10; the annual cost to carry items in inventory is $2 each. in what quantities should the item be ordered?

Answers

The item should be ordered in quantities of 100 units.

To calculate the capacity utilization rate, we first need to determine the maximum possible output for the production line for the given time period. Maximum possible output = 100 units/hour x 175 hours = 17,500 units Actual output produced = 16,900 units Capacity utilization rate = Actual output produced / Maximum possible output x 100 Capacity utilization rate = 16,900 / 17,500 x 100 = 96.57% Therefore, the capacity utilization rate for the month of July was 96.57%.  

To determine the order quantity for the new part, we can use the economic order quantity (EOQ) formula: EOQ = √(2SD/H) Where: S = Annual demand for the item (1,000 units per year) D = Cost to place an order ($10) H = Annual cost to carry one unit in inventory ($2) Plugging in the values: EOQ = √(2 x 1,000 x 10 / 2) EOQ = √(10,000) EOQ = 100 Therefore, the item should be ordered in quantities of 100 units.

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What are TWO types of errors which would not be disclosed by a trial balance?​

Answers

Answer:

Let me explain

Explanation:

A trial balance is a statement that lists all the accounts in the general ledger along with their debit or credit balances. It is used to ensure that the total debits equal the total credits and to detect any errors in the accounting records. However, there are certain types of errors that may not be disclosed by a trial balance. Two examples of such errors are:

1. Error of Omission: This type of error occurs when a transaction is completely left out of the accounting records. For example, if a payment is made to a supplier but is not recorded in the accounts payable ledger, the trial balance will still balance because the payment is recorded in the cash account. However, the accounts payable balance will be understated, and the financial statements will be incorrect.

2. Error of Commission: This type of error occurs when a transaction is recorded incorrectly. For example, if a payment of $1,000 is recorded as $100 in the accounts payable ledger, the trial balance will not balance because the total debits will not equal the total credits. However, the error will not be immediately obvious, and it may be difficult to locate and correct.

In summary, a trial balance may not detect errors of omission, where transactions are completely left out of the accounting records, and errors of commission, where transactions are recorded incorrectly.

a business will not be successful unless it charges a price for its products that covers its total a. fixed cost and overhead cost. b. variable cost and cost of goods. c. cost and a margin of profit. d. cost of goods and selling cost.

Answers

In order for a business to be successful, it must generate enough revenue to cover all of its costs, including fixed costs, variable costs, overhead costs, cost of goods, selling costs, and a margin of profit. Therefore, the answer to the question is c. A business will not be successful unless it charges a price for its products that covers its total cost and a margin of profit.

Fixed costs are expenses that do not vary with changes in the level of production or sales, such as rent, salaries, insurance, and property taxes.

Variable costs, on the other hand, are expenses that change with changes in the level of production or sales, such as raw materials, direct labor, and production supplies.

Overhead costs are indirect costs that are not directly tied to the production of goods or services, such as utilities, office supplies, and administrative expenses.
Cost of goods is the total cost of producing a product or service, including all direct and indirect costs associated with the manufacturing or production process.

Selling costs are expenses associated with selling and marketing a product or service, such as advertising, commissions, and sales salaries.
In order for a business to make a profit, it must charge a price that covers all of these costs and allows for a margin of profit.

The margin of profit is the difference between the cost of producing a product or service and the price that it is sold for.

This margin must be sufficient to cover the cost of capital, such as loans or investments, as well as provide a return on investment for the business owner or shareholders.

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Silo Corp. was organized on March 1, 2019, and began doing business on September 1, 2019, and elected to file its income tax return on a calendar-year basis. The following qualifying organizational expenditures were incurred in organizing the corporation:
July 1, 2019 $3,000
September 3, 2019 5,600
The maximum allowable deduction for organizational expenditures for 2019 is
A. $ 600.
B. $3,000.
C. $5,000.
D. $5,080.

Answers

The maximum allowable deduction for organizational expenditures for 2019 is $5,000. This is because the total qualifying organizational expenditures incurred in organizing the corporation is $8,600 ($3,000 + $5,600), which exceeds the maximum deduction limit of $5,000.

However, the portion of the organizational expenditures that exceed the limit can be amortized over a period of 180 months (15 years), starting from the month that the corporation begins business.

In this case, Silo Corp. began doing business on September 1, 2019, so any portion of the organizational expenditures that exceed the $5,000 limit can be amortized starting from September 2019 over the next 180 months.

Therefore, the deduction for 2019 will be limited to $5,000.

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Which of the following has a restriction on the number of owners, members, orstockholders? a.S-corporation b. Not-for-profitcorporation c. Open corporation.

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S-corporation has a restriction on the number of owners, members, or stockholders. S-corporations are a type of corporation that elects to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.

To qualify as an S-corporation, a corporation must meet several requirements, including the restriction on the number of shareholders.

According to the Internal Revenue Service (IRS), S-corporations are limited to 100 shareholders and can have only one class of stock. This restriction is designed to prevent large, publicly-traded companies from using the S-corporation structure to avoid paying taxes.

By limiting the number of shareholders, S-corporations can maintain a more closely-held ownership structure and still receive the tax benefits of pass-through taxation.

In contrast, not-for-profit corporations and open corporations do not have restrictions on the number of owners, members, or stockholders. Not-for-profit corporations are typically formed for charitable, educational, or religious purposes and are exempt from federal income taxes. Open corporations, also known as publicly-traded corporations, can issue and trade shares of stock on public exchanges and have no restrictions on the number of shareholders.

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in the united states, the loss in economic efficiency due to market power is

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In the United States, market power refers to the ability of a firm or group of firms to exert control over the prices and quantities of goods and services in a particular market. When a firm has significant market power, it can charge higher prices and reduce output levels, leading to a loss in economic efficiency.

This loss in efficiency occurs because the market power restricts the competition, which reduces the incentives for firms to innovate, produce high-quality goods, and reduce costs. The result is that consumers end up paying more for the same goods and services, and the economy produces fewer goods and services than it would in a perfectly competitive market. According to the Department of Justice, market power can lead to a loss of economic efficiency of up to 10% of GDP, or more than $1.5 trillion per year. Therefore, it is essential for regulators to monitor and address market power to ensure that competition thrives and that the economy operates efficiently.

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When equipment that is to be used by the General Fund is received, what debit should be recorded? Expenditures Equipment Appropriations Encumbrances

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When equipment that is to be used by the General Fund is received, the debit that should be recorded is for the Equipment account.

What is this used for?

This account is used to track all equipment that is owned by the organization and is used to produce goods or services.

The expenditure is not recorded at this point because the equipment has not yet been put into use. However, an encumbrance may be recorded if a purchase order has been issued but the equipment has not yet been received.

Appropriations are used to allocate funds for a specific purpose, and would not be relevant in this situation unless the equipment was specifically funded through an appropriation.

Overall, the Equipment account is the primary account that should be debited when equipment is received for use by the General Fund.

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what percent of california public employees stay in california after they retire and spend their retirement checks here in california to keep the economy going?

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About 75% California public employees stay in California after they retire and spend their retirement checks here in California to keep the economy going.

In California, the annual average retirement pension for public employees is $24,000. Currently, 75% of pensioners make less than $30,000 annually. It is true that firemen retiring today (or in the years to come) will probably receive more in retirement since they made more money while they were employed, contributed more to the system, and bargained for more retirement benefits rather than cash out front.

The rates must adapt to our members' shifting demographics as the fund ages and the number of retirees rises. For California state and municipal governments across the country, the rising expense of public pensions is a major concern since guaranteed payments to retired employees have sometimes required reductions in expenditure on public services.

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