Answer:
.76
Explanation:
In the context of managing inventories in supply chains, _____ is the time between placement of an order and its receipt.
In the context of managing inventories in supply chains, lead time is the time between placement of an order and its receipt.
The meaning of supply chainA supply chain is the network of all the people, groups, companies, resources, activities, and technological advancements involved in the production and distribution of a good. The entire supply chain consists of the movement of raw materials from the supplier to the manufacturer and finally to the client.
What distinguishes a supply chain?The physical comparison of a drawn-out, interconnected set of supplier operations that finally leads to the shipping of a finished product was first made public by Keith Oliver of Booz Allen Hamilton.
To know more about Supply Chain visit:
https://brainly.com/question/29318233
#SPJ4
if a treasury note with two years remaining to maturity has a 5% semiannual coupon and is priced at $1,008, the note is:
if a treasury note with two years remaining to, the note is underpriced.
Treasury notes may mature in two to 10 years if interest is paid every two years. Treasury bonds are a safe way to invest your money. While there are various types of bonds, purchasing 2-year Treasury bonds has certain unique advantages. Utilizing the secondary market, savvy investors can build a Treasury ladder to maximize their returns. Treasury bonds might be a great investment for people looking for safety and a fixed rate of interest that is paid semi-annually until the bond's maturity. Bonds are a key component of an investment portfolio's asset allocation since they provide a steady return that helps to offset the volatility of equity prices.
To learn more about treasury note: https://brainly.com/question/13751235
#SPJ4
suppose the economy is experiencing inflation. if the federal reserve enacts contractionary monetary policy, interest rates will likely
When prices grow unevenly and some consumers' purchasing power declines, inflation's primary cost is the erosion of real income.
Explain about the inflation?Inflation is the rate of price growth over a predetermined period of time. Inflation is sometimes quantified in generic terms, such as the general increase in prices or the increase in the cost of living across a country.
Inflation, or the long-term, widespread increase in the cost of goods and services, lowers purchasing power. A low but positive inflation rate is beneficial to the economy, but a high inflation rate has a propensity to get out of hand and impair the economy's long-term performance.
Consumer spending, company investment, employment rates, as well as government initiatives, tax laws, and interest rates are all impacted by inflation. Because inflation can lower the value of investment returns, understanding inflation is essential to successful investing.
To learn more about inflation refer to:
https://brainly.com/question/8149429
#SPJ4
a client comes to you with a portfolio of securities that he has put together. based on your analysis the beta of the portfolio is 1. what does this mean?
The answer is when the beta value is 1, it means that the security's price typically moves with the market.
Beta is said to be a systematic or market risk of the portfolio. Beta for the overall market is considered to be 1.
A beta greater than 1 means there is a higher systematic risk than the overall market and vice versa. A portfolio with beta of 1 is highly diversified.
The volatility of a stock is quantified by its beta, or how much it changes in price relative to the entire stock market.
In other words, it provides a sense of the stock's risk in relation to the market's overall risk. Beta is often used to contrast the market risk of a stock with that of other stocks. The Greek letter ß is used by analysts to denote beta.
To know more about 'beta' related questions
visit- https://brainly.com/question/15683560
#SPJ4
Maria is three years old and is just starting to learn that if she is in the grocery store and she doesn’t ask for a small candy bar in the aisle, her mother will buy her an ice cream cone after shopping is over. She learned to wait for a larger reward instead of looking for the smaller rewards. What concept has maria learned?.
Delaying gratification because she knows if she ignores the smaller rewards of candy at the store, she gets to have what she really wants, the ice cream.
Teratogens do the maximum harm to major physical structures all through the period of the embryo. Publicity to teratogens for the duration of the length of the fetus can motivate damage to the brain and negatively affect cognitive functioning over a long time.
The formation of the organs happens for the duration of the first trimester of pregnancy. The mother has the most electricity at some stage in the first 3 months which allows the embryo the energy to broaden.
Learn more about gratification here https://brainly.com/question/13471921
#SPJ4
When analyzing assets, which analysis method assigns financial values to assets?.
Quantitative analysis assigns a financial value or assignment of real numbers and the cost required to recover from a loss to the asset.
What are quantitative methods?Quantitative approaches stress objective measurements and statistical, mathematical, or numerical analysis of data gathered through polls, questionnaires, and surveys, as well as through modifying pre-existing statistical data using computational tools. Online surveys, paper surveys, mobile surveys and kiosk surveys, face-to-face interviews, telephone interviews, longitudinal studies, website interceptors, online polls, and systematic observations are all examples of quantitative data collection approaches. Quantitative research is classified into four types: descriptive, correlational, causal-comparative/quasi-experimental, and experimental.tries to identify cause-effect correlations between variablesThese designs are quite similar to genuine experiments, but there are some major distinctions. Quantitative methods are used by researchers to observe situations or events that affect people.Quantitative research generates objective data that may be expressed concisely using statistics and figures.To learn more about quantitative methods refer
https://brainly.com/question/29369455
#SPJ4
somerset received $26,400 from a customer for 12 months' rent in advance of the rental period. how should somerset record this transaction?
Somerset record this transaction is Cash 2,6400 deferred revenue 26,400 . Deferred revenue is money received in advance for products or services that are going to be performed in the future.
What is deferred revenue?Money received in advance for goods or services that will be rendered in the future is known as deferred revenue. Common instances of deferred revenue include rent payments that are collected in advance or annual subscription fees that are received at the start of the year.Deferred revenue is shown as a current obligation on the balance sheet as opposed to accounts receivable, which is thought of as an asset. When a payment clears the bank, businesses that employ cash-based accounting recognize their revenue. Only when the revenue has been received or recognized do you record it in accrual-based accounting.To learn more about deferred revenue refer to:
https://brainly.com/question/13298889
#SPJ4
cost flow is in the order in which costs were incurred when using a.first-in, first-out b.weighted average cost c.first-in, last-out d.last-in, first-out
When utilizing first-in, first-out accounting, cost flow represents the order in which costs were incurred.
What does cost accounting's first-in, first-out method entail?According to the accounting principle known as first in, first out (FIFO), assets that are bought or acquired first are also the first to be sold. According to FIFO, the inventory still on hand is made up of products that were bought last. LIFO is an accounting technique that differs from FIFO in that assets that were acquired or purchased most recently are sold first.
Which occurs first in the cost flow?The evaluation of the raw materials used in manufacturing is the first step in the flow of expenses. The cost flow subsequently shifts to the inventory of work-in-progress. The price of the personnel and equipment used in production, as well as any overhead charges, are added.
Learn more about first in, first out (FIFO): https://brainly.com/question/28506750
#SPJ4
intermittent production processes are used to produce a large variety of products with different processing requirements in lower volumes. intermittent production processes are used to produce a large variety of products with different processing requirements in lower volumes. true false
A wide range of products with various processing requirements are produced in lower volumes using intermittent production processes True.
What procedures are employed to produce a range of goods with various processing demands in smaller quantities?Make-to-order manufacturing, also known as high-mix, low-volume (HMLV) production, is the process of producing a wide range of goods in modest numbers. This kind of production is frequently utilized to create intricate and one-of-a-kind products that must meet strict quality standards.
Describe the intermittent procedure.A production process known as intermittent production uses erratic production schedules to produce a variety of goods on a single production line. It is employed by producers of low-volume, high-variety goods for mass customization or bespoke production.
To Know more about requirements
https://brainly.com/question/2929431
#SPJ4
When actions by individuals in an organization are directed toward the goal of furthering their own self-interests, this is known as?.
When actions by individuals in an organization are directed toward the goal of furthering their own self-interests, this is known as organizational politics.
Organizational politics refers to various activities that use influence tactics to advance individual or organizational interests. "Organizational policy is selfish behavior" and "employees use it to increase the likelihood of achieving positive results in the organization."An individual's influence can serve an individual's interests irrespective of its influence on the organization itself. Kacmar and Baron (1999) "It includes actions by individuals directed toward the goal of promoting the well-being of others or their organizations."
Learn more about organizational politics here: https://brainly.com/question/25622338
#SPJ4
what defines an insular, inwardly focused culture? a. the firm never underestimates rivals because of their proven track record in defending challenges. b. the firm believes they have all the answers because of their past great market success and is thus overconfident. c. the firm's unflinching belief in the company's superiority breeds a champion's attitude and thus they thrive on doing better by adapting to fresh thinking from outside the company. d. the firm values their customers' opinions and fully understands their needs and expectations. e. the firm has a commitment to hiring young people who can offer fresh thinking and new perspectives.
B. the firm believes they have all the answers because of their past great market success and is thus overconfident defines an insular, inwardly focused culture.
Tradition is an umbrella time period which encompasses the social behavior, establishments, and norms observed in human societies, as well as the understanding, ideals, arts, laws, customs, skills, and conduct of the individuals in these businesses. tradition is often originated from or attributed to a specific place or location.
Culture may be described as all the ways of lifestyles such as arts, ideals and institutions of a populace which can be surpassed down from generation to technology. culture has been called "the manner of existence for a whole society." As such, it includes codes of manners, dress, language, religion, rituals, artwork.
Learn more about culture here:https://brainly.com/question/25010777
#SPJ4
URGENT!!
Which column is only found in an ten-column worksheet?
A. Income Statement
B. Adjustments
C. Adjusted Trial Balance
D. Balance Sheet
The closing entries need to be finalized and entered into the accounting system before a new accounting period can begin.The permanent accounts should be the only ones listed on the post-closing trial balance.
b) The Pay Explanation segments.
The accounting cycle is a comprehensive procedure that records a company's transactions from beginning to end, assisting them in staying organized and productive.All of the company's accounts, such as T-accounts, credits, debits, journal entries, financial statements, and book closing, are included in the cycle.
What are the five cycles of accounting?
Using steps to define the accounting cycle:1) Financial transactions; 2) Journal entries; 3) Ledger posting; 4) Trial Balance Period; and 5) Reporting Period with Financial Reporting and Auditing.
Learn more about Accounting Cycle here:
https://brainly.com/question/28502393
#SPJ1
Answer: C. Adjusted Trial Balance
Explanation:
your welcome.
Buying or selling stock is
saving
investing
Otrading
Odiversifying
Answer:
Trading
Explanation:
1. Saving is saving funds to invest in stocks.
2.
Buying stock is an investment.
3. Trading - meaning buying or selling any stock shares you own is trading.
pretax accounting income for the year ended december 31, 2021, was $44 million for truffles company. truffles' taxable income was $58 million. this was a result of differences between straight-line depreciation for financial reporting purposes and accelerated depreciation for tax purposes. the enacted tax rate is 28% for 2021 and 38% thereafter. what amount should truffles report as the current portion of income tax expense for 2021? (round your answer to the nearest whole million.)
$16,240,000 amount should Truffles report as the current portion of income tax expense for 2021.
What is income?In general, anything received for personal services should be included in your gross income. This includes wages, salaries, commissions, fees, tips, and other forms of compensation such as fringe benefits and stock options. Income can have different definitions depending on the context.For example, tax, financial accounting, economic analysis, etc.For most people, income means gross income in the form of wages and salaries, return on investment, pension payments, and other income. Personal income tax is defined as the tax levied on an individual's net income and capital gains. This indicator refers to statewide taxation. A person whose total income for the previous year or the total taxable income of another person exceeds the tax-exempt limit. Nonprofit Trusts Eligible for Refund under Section 139(4A)Explanation:
Current portion of income tax expense for 2021:
= Enacted tax rate × Taxable income
= 28% × $58,000,000
= $16,240,000
To learn more about income from the given link:
https://brainly.com/question/14732695
#SPJ4
kramer company budgeted that it would operate at 80% capacity for the month producing 800 units of its product, aa. each unit requires 2 direct labor hours. at the end of the month it realized that they produced 700 units and operated at 70% capacity. if the budgeted fixed overhead was $3,000, the standard fixed overhead was $2.00 per direct labor hour, what is the volume variance?
300$ unfavourable is the volume variance if the budgeted fixed overhead was $3,000, the standard fixed overhead was $2.00 per direct labor hours.
volume variance is the difference between the actual and budgeted or planned volume of units produced. This answers the question, "If a Company budgeted that it would operate at 80% capacity for the month producing 800 units of its product, aa. each unit requires 2 direct labor hours, at the end of the month it realized that they produced 700 units and operated at 70% capacity,. if the budgeted fixed overhead was $3,000.In the above example, the company did not budget for a volume variance, it assumed that it would produce 800 units. The actual production of 700 units resulted in a volume variance of 200. This means that 200 units were over or under what was budgeted. In this case, if 300 units had been over, the cost of direct labor would have been $3,100 ($3,000 x (200-100)) instead of $3,000. The total costs of $3,000, would not be affected.The formula for calculating the volume variance is:
where formula_4 is the actual output, and formula_5 is the standard quantity of output. Often, standards are set in terms of average units per labor hour. As in this example there are two types of volume – volume (units) and capacity (labor hours). The equation can then be written as:
Volume variance is used to compare budgeted production volume to actual production volume. In the above example we calculated that the actual production was 700 units and the budgeted production was 800 units. The difference (of 200 units) is called a "volumvariance". Volume variance is often used in cost accounting for businesses, to determine how close a business has come to its estimates of quantity and costs.
To learn more about Volume Variance visit here
https://brainly.com/question/16996994
#SPJ4
true or false? when planning an it audit, one must ensure that the areas not reviewed in the current audit will be subject to another audit.
The statement "when planning an audit, one must ensure that the areas not reviewed in the current audit will be subject to another audit." is True Option A
What is an audit?Generally, An study and assessment of an organization's IT infrastructure, applications, data usage and storage, policies, procedures, and operational processes, compared to recognized standards or set norms, is what's known as an information technology audit.
An evaluation of the management controls present within an information technology infrastructure and the business applications that use that infrastructure is what is meant by an information technology audit, often known as an information systems audit.
Read more about it audit
https://brainly.com/question/14652228
#SPJ1
When planning an audit, one must ensure that the areas not reviewed in the current audit will be subject to another audit: TRUE
What is an Audit?An audit is a planned modality to function on the audit work in a timely and efficiently way so that the correct suggestions could be provided over the true and fair view of the financial statement. An audit is a sovereign assessment of financial details of any entity, whether profit oriented or not, devoid of its size or legal form when such an assessment is carried out with a view to make a suggestion thereafter.
Therefore, the correct answer is as given above.
learn more about audit: https://brainly.com/question/26048609
#SPJ1
Bayview apartments is a 750-unit apartment complex. when the apartments are 90% occupied, monthly operating costs total $213,525. when occupancy dips to 80%, monthly operating costs fall to $208,800. the owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will close in three months. the apartment owner fears that occupancy of her apartments will drop to 65% if residents lose their jobs and move away. assuming the same relevant range, what can the owner expect her operating costs to be if occupancy falls to 65%?
Operating fees are the ongoing prices incurred from the everyday everyday of walking a business.
Operating prices consist of each costs of goods bought (COGS) and different running expenses—often known as selling, general, and administrative (SG&A) expenses.
Total Occupancy Cost (TCO) ($/person) metricDetermines or compares constructing fee effectivity based on occupants that are housed. Determines which structures have good or terrible value efficiencies. Determines which particular building's occupancy charges are inflicting the inefficiencies.
Learn more about operating costs here:
https://brainly.com/question/1382997#SPJ4Jeb is trying to market a new type of chewing gum. His new gum, popsalot, is a low involvement purchase. Which type of channel coverage should he employ?.
Jeb should employ an intensive type of channel coverage.
The distribution coverage figures in figure 24 represent the proportion of stores that carry a given brand. The record offers the statistics for each emblem presently available on the market. The number of shops in every distribution channel is furnished as nicely.
The market insurance method is the technique of analyzing the market and locating how a good deal of the full marketplace your advertising and marketing marketing campaign ought to cover for a specific product/carrier.
Learn more about channels here brainly.com/question/25736500
#SPJ4
online mortgage companies have been growing in numbers and size. if all other things are equal, as a result of this growth, traditional banks have had to
As the demand for conventional mortgage loans declined, to lower the interest on their mortgage loans.
How has the mortgage sector changed?The pool of customers for mortgage lenders has also dwindled as a result of rising interest rates and decreased demand, while technological improvements have raised consumer expectations in terms of home finance. A more cutthroat business environment is the outcome.
Why are mortgage rates rising so dramatically?Mortgage rates have substantially increased, with the average 30 year fixed rate rising from about 3% in the beginning of 2022 to almost 7% at this time. This results from the Federal Reserve's (Fed) policy of raising interest rates in an effort to slow the economy and, most significantly, the rate of record-high inflation.
Learn more about conventional mortgage loans: https://brainly.com/question/28524453
#SPJ4
what is the expected change in production volume, on average, as the number of factory workers decreases by five?
The average reduction in production volume as there are five fewer factory employees is -8,194.9.
What is the anticipated change in output volume as the factory's workforce shrinks by five workers on average?The average change in production volume as the number of factory workers drops by five is given by the slope, which represents the average change in production volume as the number of factory workers increases by one.
1,638.98(-5)= -8,194.9.
1638.9 = number of worker /coeff
What causes variation in production volume?This variation happens when the following amounts are different: Budgeted amount for fixed production overhead expenditures by the manufacturer. The portion of the company's good output that was attributed to (or absorbed by) the fixed manufacturing overhead expenditures.
What is the meaning of the production volume variance?The statistic known as "production volume variance" is used by businesses to compare actual production expenses to those anticipated in the budget. It compares actual overhead costs per unit that have been achieved to anticipated or projected costs per item.
Learn more about "production volume variance": https://brainly.com/question/3246847
#SPJ4
the personnel expenses in the flexible budget for december would be closest to: a. $76,620 b. $77,156 c. $79,809 d. $80,776
The personnel expenses in the flexible budget for December would be closest to: a. $76,620
Personnel expenses in the planning budget
= Fixed + Variable
= 32,400 + (13.40*3300)
= 32,400 + 44,220
= 76,620
An fee is an item requiring an outflow of cash, or any shape of fortune in popular, to every other individual or institution as price for an object, service, or other category of fees. For a tenant, hire is an price. for students or mother and father, lessons is an fee.
An expense is the price of operations that a agency incurs to generate revenue. it's miles sincerely defined because the value one is required to spend on obtaining some thing. as the popular saying goes, “it fees money to make cash.”
Learn more about expenses here:https://brainly.com/question/14697297
#SPJ4
setting a high price so that quality- or status-conscious consumers will be attracted to the product and buy it is referred to as .
Answer:prestige pricing
Explanation:involves setting a high price so that quality- or status-conscious consumers will be attracted to the product and buy it. Price lining. involves setting the price of a line of products at a number of different specific pricing points. Odd-even pricing.
jason is 58 years old, has strong financial health, a short time horizon, and an average risk tolerance. which asset allocation you recommend?
I advise a 45% stock and 55% bond/cash equivalent asset allocation. Short-term investments frequently come in the form of certificates of deposit (CDs), money market accounts, high-yield savings accounts, government bonds, and Treasury bills.
Investment thought to be extremely liquid for the near term?Short-term investments frequently come in the form of certificates of deposit (CDs), money market accounts, high-yield savings accounts, government bonds, and Treasury bills. Short-term investments often have lower rates of return, but they are very liquid and allow investors the freedom to swiftly withdraw money if necessary.Horizontal time. the length of time that is invested to accomplish an objective. capacity for danger.The term "liquidity" describes a company's capacity to accumulate sufficient short-term assets to cover short-term liabilities when they become due. To finance daily operations, a firm needs to be able to offer a good or service and bring in money quickly.To learn more about Short-term investments refer to:
https://brainly.com/question/16261301
#SPJ4
_____ is a term used to describe others taking advantage of a user or service without providing any sort of reciprocal benefit.
Answer:
Free rider problem
Explanation:
g the journal entry at march 15 to record the payment of property taxes would include which of the following? a. a debit to property tax expense of $480,000 b. a credit to cash of $120,000 c. a debit to prepaid property taxes of $360,000 d. a credit to prepaid property taxes of $40,000
The journal entry on march 15 to record the payment of property taxes would include the following option :
c. a debit to prepaid property taxes of $360,000
Compute the property tax expense amount:
Total property tax paid for the year = $480,000
Tax amount for a month = $480,000/ 12 months = $40,000
Property Tax Expense upto March = $40,000 x 3 months = $120,000
Prepare the journal entry:
Date Account title and explanation Debit ($) Credit ($)
15-Mar Property tax expense 120,000
Prepaid property taxes 360.000
= (S480,000-$120,000)
Cash 480,000
Thus, the correct answer is option (c).
What is Tax ?A tax is a mandatory financial charge or other type of charge imposed on a taxpayer by a government organization to finance government expenditures and various public expenditures, and tax regulations refer to political action and individual behaviour designed to ensure that taxpayers pay the correct amount of tax. . at the right time and with the right tax credits and incentives. The first known taxation took place in Ancient Egypt around 3000-2800 BC. Failure to pay on time (violation of the law), as well as tax evasion or tax evasion, are punishable by law. Taxes consist of direct or indirect taxes and can be paid in money or as a labor equivalent.
To learn more about tax, visit;
https://brainly.com/question/16423331
#SPJ4
the following are all product costs except a.direct materials b.factory overhead c.sales and administrative expenses d.direct labor
Option c is correct. Sales and administrative expenses are not product cost.
The expenses incurred to produce a product are referred to as product cost. Direct labor, direct materials, consumable production supplies, and factory overhead are all included in these prices. The cost of the labor necessary to provide a service to a customer can also be considered when calculating product cost. In the latter scenario, all expenses associated with a service, such as compensation, payroll taxes, and employee benefits, should be included in the product cost.
Since product cost comprises the manufacturing overhead that is required by both GAAP and IFRS, it is included in the financial statements. When deciding on short-term production and sale-price strategies, however, managers may alter product costs to eliminate the overhead component.
To know more about product cost click here:
https://brainly.com/question/14945040
#SPJ4
Deena works at a small brewery. She is the only person trained in changing out the labels on the automatic bottling machine. The brewery has high dependency on deena because she has low.
Deena is employed by a tiny brewery. The automatic bottling machine's labels can only be changed by her because she has received special training. Due to Deena's low substitutability, the brewery is highly dependent on her.
What is substitute?A replacement is someone or something that steps in for the original. To substitute as a verb is to implement such a change.
Although the word substitute is used in many other settings, it is probably most often connected to substitute teachers and athletes who step in to play in place of another player in a team sport.
By virtue of being replaceable, substitutability is interchangeability.
Learn more about substitutes, from:
brainly.com/question/29383142
#SPJ1
which of the following factors increases pressures for cost reductions? group of answer choices meaningful differentiation between products reduced international competition competitors that are based in high-cost locations high switching costs persistent excess capacity
Persistent excess capacity is the following factor that increases pressures for cost reductions.
What are cost reductions?Cost reduction is the process of reducing company expenses in order to maximize profits. It's about identifying and eliminating spending that doesn't add value to customers while streamlining processes and improving efficiency. Cost savings are usually focused on achieving short-term savings.Cost reduction is the process of reducing company expenses in order to maximize profits. It's about identifying and eliminating spending that doesn't add value to customers while streamlining processes and improving efficiency.It leads to increased sales. Reducing expenses can increase a company's revenue and profit margins. Reducing the cost of doing business proves to be a key factor in increasing margins. Using a cost-saving solution can bring many benefits to your business.
to know more about cost reduction refers to:
https://brainly.com/question/25811981
#SPJ4
fill in the blank question fill in the blank question. the abc company had its highest level of production in may when they produced 4,000 units at a total cost of $110,000 and its lowest level of production in november when they produced 2,500 units at a total cost of $87,500. using the high-low method, the estimated variable cost per unit is $ .
Variable cost per unit = $15 per unit. Any qualities, quantity, or number that can be gauged or tallied is referred to as a variable. A variable may also be referred to as a data item.
given data
May produced = 4,000 units
May total cost = $110,000
November produced = 2,500 units
November total cost = $87,500
Getting here High-low method-based variable cost per unit, expressed as(Highest cost - Lowest cost) / Unit Variable Cost ( Highest quantity produced - Lowest quantity produced) ..............1
Invest here and we'll get
Variable cost per unit =110000-87500/4000-2500
Variable cost per unit = $15 per unit
Learn more about variable and unit here:
brainly.com/question/27853679
#SPJ4
A _____ is composed of a group of people that seeks to influence the strategies of the government by getting people elected to official government positions.
A Political party is composed of a group of people that seeks to influence the strategies of the government by getting people elected to official government positions.
What are political parties called ?A political party is a group that organizes candidates to run for office in a given nation. Parties may support particular ideologies or political objectives, and it is typical for party members to share similar political views.As contemporary party organizations evolved and expanded around the world over the past several centuries, political parties have grown to play a significant role in the politics of practically every nation. Unpolitical parties are relatively uncommon in a nation. While some nations only have one political party, others have many. Both democracies and autocracies use parties in their political systems, however democracies often have more political parties than do autocracies.Parties can emerge from social differences that already exist, such as those between the poorer and upper classes, and by promoting cooperation among their members, they simplify the political decision-making process.Learn more about Political party refer :
https://brainly.com/question/19298043
#SPJ4
