once employees have expressed interest in forming a union, the next step is to . a. collect employees' signatures on authorization cards b. initiate the grievance procedure c. hold an election d. enter into collective bargaining

Answers

Answer 1

Once employees have expressed interest in forming a union, the next step is to hold an election.

A population chooses one or more people to hold public office through a formal group decision-making procedure called an election. Elections have been the main means by which contemporary representative democracy has operated since the 17th century.

Elections are the most important tool of indirect democracy because they allow people to choose their representatives, who then pass laws on their behalf. An election must be free and fair in order for certain civil liberties, such as the freedoms of speech, association, and assembly, to exist.

Hence, the correct answer is "C".

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softcorp and techgig, upcoming software companies in san diego, have decided to create a new and independent telecommunications company, st-source. each parent firm has agreed to have 50 percent equity in the new company. this is an example of a(n)

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This is an example of an joint venture.

What is meant by joint venture?A joint venture consists of two or more parties working together to develop a single business or project for profit while splitting the related risks. A minimum of two natural persons or legal organizations must make up the parties to the joint venture.An agreement between two or more parties to pool their resources for the purpose of carrying out a certain job is known as a joint venture (JV). This work could be a brand-new project or any other commercial endeavor. Profits, losses, and costs incurred by a JV are shared equally by all members. A joint venture is when two or more companies combine their resources and knowledge to work toward a common objective.

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A difference in quantity of materials used on two comparable jobs may be caused by Oa. poor quality materials Ob. inadequately trained employees Oc. employee carelessness Od. All of these choices are correct.
Previous question

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A difference in quantity of materials used on two comparable jobs may be caused by d. All of these choices are correct.

A material quantity variance is the discrepancy between the quantity of materials actually utilized and the quantity anticipated to be used throughout the production process. The measurement is used to assess how well a manufacturing process transforms raw inputs into final commodities.

A material quantity variance is typically caused by one or more of the following:

Poor raw materials quality

incorrect material stipulations

raw resources becoming obsolete

Transport damage to the business

Damage sustained while being transferred or stored inside the business

Damage sustained during manufacture

improper training of employees

inadequate materials for packaging

incorrect standards for materials

Hence, the variance is caused by all of the given.

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alesha is looking for her first job as a marketing manager for a retailing company. when a recruiter asks her whether she has the technical skills for the job, what is he referring to? multiple choice question.

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Alesha is looking for her first job as a marketing manager for a retailing company. When a recruiter asks her whether she has the technical skills for the job, he referring to job-specific knowledge for the position in retailing

What are technical skills?

Technical skills are the specialized knowledge and competence needed to carry out certain activities and utilise specific tools and programs in real-world scenarios. In practically every profession and industry, from IT and business administration to health care and education, a wide range of technical abilities are needed.

Why are technical skills important?

Technical expertise is crucial because it positions your staff and company for success. A top-notch LMS to give this crucial training is critical to this success. The good news is that using an LMS and online training can help you save money on employee training expenses.

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Question 23 (1 point) Buyers bear a smaller incidence of the tax when;
O Demand is perfectly inelastic
O The statutory burden of the tax is on the sellers
O Supply is more elastic than demand
O The tax is higher
O Demand is more elastic than supply

Answers

Buyers bear a smaller incidence of the tax when Demand is more elastic than supply

The manner the tax burden is allocated between buyers and sellers is described as the tax incidence. The proportional price elasticity and demand influences the tax incidence. The preponderance of the tax burden falls on buyers when production is more flexible than demand. The proportional price elasticity and demand determines the tax incidence. The entirety of the tax burden falls upon purchasers when production is more elastic than demand. The less elastic the both supply and demand are, the higher the tax revenue. Someone and is unable to adjust to a dynamic pricing bears the brunt of a tax. As a result, when consumption is more inelastic, purchasers incur a greater weight, and then when supply is more elastic, sellers bear a greater burden.

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before operating income can be determined for a manufacturer, which of the following is calculated?

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Before operating income can be determined for a manufacturer, d) all of the following is calculated.

In the field of business, the gross income of a company or the revenue generated by a business from selling its products is referred to as the operating income.

However, before the operating income is determined, the cost that was spent on the manufacturing of these products or goods needs to be calculated, the costs that were implemented for the goods to be sold need to be calculated, and the cost of goods that will be present for selling needs to be calculated.

All these are calculated because these costs need to be exempted from the operating income in order to determine the gross income.

Although a part of your question is missing, you might be referring to this question:

Before operating income can be determined for a manufacturer, which of the following is calculated?

(a) cost of goods sold

(b) costs of goods available for sale

(c) cost of goods manufactured

(d) all of the above

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a committee was organized at ibm to study the company's hiring, promotion, and compensation policies. the group will review corporate procedures in these areas for the next six months and disband thereafter. this type of committee is referred to as a(n) .

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To study the company's hiring, promotion, and compensation policies. The group will review corporate procedures in these areas for the next six months and disband thereafter. This type of committee is referred to as Ad hoc committees.

Ad hoc committees are established for a particular time and to address a specific issue. The council also often creates committees to monitor sanctions and other mandatory measures.

In hiring organization, overall process of identifying, screening, shortlisting and interviewing candidates for the right and deserved jobs within an organization.

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Which of the following is a Web application that enables Internet users to communicate with each other, although not in real time?
O Mobile messaging
O Online forum
O SMS mess ing
O VoIP software refers to the

software that enables a computer to deliver Web pages written in HTML to client computers on a network that requests this service by sending an HTTP request. * *
O Web browser
O Web client
O Web application
O Web server

A device attached to the Internet that is capable of making HTTP requests and displaying HTML pages is referred to as a O web browser

Answers

1. Online forum is a Web application that enables Internet users to communicate with each other, although not in real time.

What is a Online forum?

A online forum is a virtual space where people can gather to discuss topics, ask questions, and share information. In a online forum, users can post messages, photos, videos, and other materials, and other forum members can respond to these posts. Online forums are often hosted on websites, and can be open to the public or private.

Hence, Option B is correct.

2. Web server enables a computer to deliver Web pages written in HTML to client computers on a network that requests this service by sending an HTTP request.

What is a Web server?

A web server is a computer system that stores, processes and delivers web pages to users across the Internet. It is responsible for delivering web content, such as HTML documents, images, and other files that are requested by the user’s web browser. Web servers use HTTP (Hypertext Transfer Protocol) to communicate with the user’s web browser.

Hence,  Option D is correct.

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at 11:00am peter submits an order: sell 500 shares, limit 15.05, ioc. what's the best bid and offer (bbo) after peter's order is submitted? the market is 15.05 bid for 400 shares, 300 shares offered at 15.08. the market is 15.05 bid for 400 shares, 700 shares offered at 15.08. the market is 15.03 bid for 300 shares, 300 shares offered at 15.08. none of the above.

Answers

When Peter submits an order to sell 500 shares, the limit of 15.05, then orders for 400 shares at 15.05 are executed. Next bid stands at 15.03 for 300 shares but 100 shares are still pending at offered rate of 15.05 The correct answer is D - None of the above.

stocks are units of equity ownership in an enterprise. For a few companies, shares exist as an economic asset providing for the same distribution of any residual income, if any are declared, in the form of dividends. Shareholders of an inventory that will pay no dividends do not participate in the distribution of profits. when you purchase a share in an organization, you are efficaciously becoming a component proprietor of that employer. As a shareholder, with a fair stake in that enterprise, the funding goes back you earn relies upon the fulfillment or failure of the agency itself. Volatility. Share values can be risky and may fall dramatically in charge, even to 0. credit hazard. proprietors of normal stocks are commonly the last inside the line of lenders if an organization fails and there may be no threat of having any cash lower back. sudden occasions.

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however, in digital marketing, when customers view commercials, they can instantaneously purchase the product through digital media. t or f

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In digital marketing, it is real that consumers can instantly buy the product through digital media when they see commercials.

What is the actual goal of digital marketing?

Digital marketing enables you to communicate with your customers in real time. More importantly, it gives them a way to communicate with you. Think about your social media strategy. Your target audience viewing your most recent content is fantastic, but it's even better when they remark on it or share it.

Why does digital marketing assist consumers?

People may quickly and easily access information online and make purchases. This is one benefit of Internet marketing for consumers. Your audience might get quick and convenient help when they need it. When you advertise your products to them, they view the marketing materials at their convenience.

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If the market price is $1,100, the combined totalcost of all participating sellers is

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The prices and quantities that would take place in a market with perfect competition are those that are socially efficient. This occurs at price B and quantity Y, when marginal cost equals demand.

A market's overall surplus serves as a gauge for the general well-being of all members. Combined consumer and producer surplus make up this amount. Consumer surplus is the gap between what customers are prepared to pay and what they actually pay for a good. Total surplus in a market is the sum of production surplus and consumer surplus. The total area under the demand curve and above the price serves as a proxy for the total surplus in a market. The producer's total gain (or producer surplus) is shown as the area of the triangle between P(i) and the supply curve when the producer's total cost (the triangle under the supply curve) is subtracted from his total income (the rectangle).

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gloria company had no beginning work in process inventory. during the period, 16,000 units were completed and transferred out, and there were 1,200 units ending work in process inventory. how many units were started into production during the period?

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Gloria's business enterprise had no beginning paintings in procedure stock. throughout the period, 16,000 units were completed and transferred out, and there have been 1, 200 devices finishing work in procedure stock. 17,2 00

units finished+devices of finishing paintings

(16,000+1,2 00)

Each procedure might also have its own materials, labor, and overhead expenses. All such fees are accounted for to compute the cost of outputs of the system. as a result direct substances, direct hard work, and overhead fees, all are accounted for and are fee elements in a technique fee gadget.

Different examples of duration fees encompass marketing charges, hire (no longer at once tied to a manufacturing facility), workplace depreciation, and oblique exertions. also, the interest price on an agency's debt could be labeled as a period cost.

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kendra has been working for harmon electronics as a quality-control inspector for three years. she learns that a coworker with less experience and less time with the company is earning more than she is. what role does kendra's coworker fulfill, according to the equity theory?

Answers

According to the equity theory comparison with other people, Kendra's coworker plays the position that is indicated.

What is equity theory?

Equity theory focuses on determinative whether or not the distribution of resources is honest to each relative partners. Equity is measured by examination the magnitude relation of contributions (or costs) to advantages (or rewards) for every person. thought-about one amongst the justice theories, equity theory was 1st developed within the Sixties by J. Stacy Adams, a work and activity scientist, United Nations agency declared that staff look for to take care of equity between the inputs that they carry to employment and therefore the outcomes that they receive from it compared to the perceived inputs and outcomes of others. consistent with Equity Theory, so as to maximise individuals' rewards, we have a tendency to tend to make systems wherever resources may be fairly divided amongst members of a bunch.

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yasmin co. can further process product b to produce product c. product b is currently selling for $33 per pound and costs $27 per pound to produce. product c would sell for $56 per pound and would require an additional cost of $23 per pound to produce. the differential cost of producing product c is

Answers

The differential cost of producing product c is 31 dollars.

Differential cost refers to the difference among the price of opportunity decisions. The value occurs while a business faces numerous similar options, and a choice need to be made with the aid of selecting one choice and losing the other.

The word "dollar" is the English shape of "thaler", a German word which means "individual or element from the valley". The "thaler" was the name given to the primary minted coins from silver mines again in 1519 in Joachimsthal, Bohemia, consequently, the united states's foreign money unit is named after them.

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fabulous finds, a large home decorating company with stores located nationwide, wants to collect cash from its customers quickly but pay out cash to its suppliers slowly. how might fabulous finds succeed in accomplishing this goal?

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Any item that is typically accepted as payment for goods and services as well as the repayment of debts in a specific nation or socioeconomic setting is considered to be money.

What is money?

Money is a trade good accepted by general consent as a medium of economic conversation. It is the medium in which prices and values are expressed. It flows from person to person and country to country,

Making trade, and it is the debt measure of wealth. Money is any good that is widely used and accepted in written accounts involving the transfer of goods and divine service from one person to another.

A store of value, a unit of account, a medium of exchange, and occasionally a standard of deferred payment are the four main purposes of money.

Therefore,  Debts in a specific nation or socioeconomic setting is considered to be money.

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according to hazlitt, many proponents of inflation realize that it will decrease the purchasing power of money and increase the prices of goods and services. what are reasons these proponents of inflation want inflation anyway? (choose all that apply)

Answers

according to hazlitt The rate is no longer a constant one and can't be determined in advance.

What used to be Hazlitt's cause for writing economics in one lesson?

The e book “Economics in One Lesson” objectives to talk about economics from a distinct perspective than that which is widely familiar via economists. The goal of the creator is to discuss and analyze more than a few monetary fallacies that have been existing for so lengthy that they are now phase of many governments' financial policies.

Inflation erodes the buying power of money, and when the fee level rises, the identical quantity of cash buys less than it did before. Individuals with cash saved are losing buying power if the activity they acquire on their financial savings fails to preserve tempo with the charge of inflation.

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it takes 1.50 weeks to receive an order from the supplier. administrative costs for ordering paint have been estimated to be $20 per order. holding costs - 25% of the purchase price per gallon per year. how much safety stock should the company hold to have a service level of 85.0967

Answers

Safety stock the company should hold to have a service level of 85.0967 is 6

B 6 gallons
Demand= 42
STDEV demand= 5
Service level= 85, corresponding Z value 1.0364
Lead time= 1.5
Safety stock = Z × Standard deviation of demand × SQRT (lead time)
Safety stock= 1.0364 × 5 × SQRT (1.5)
                    =6

Safety stock- Logisticians use the term "safety stock" to describe a level of extra stock kept on hand to reduce the risk of stockouts caused by supply and demand uncertainties. Adequate safety stock levels allow business operations to proceed as planned.

A safety stock is an extra quantity of a product that is kept in the warehouse to avoid an out-of-stock situation. It acts as a hedge against fluctuations in demand.

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define product quality. multiple choice question. it is a management approach that establishes an organization wide focus on quality. it is a product's fitness for consumption in terms of meeting customers' needs and desires. it is a measure of how well a product's designed features match up to the requirements of a given customer group. it is a measure of whether or not a delivered product meets its design specification.

Answers

Product quality defines it is a measure of how well a product's designed features match up to the requirements of a given customer group.

Product quality refers to a product satisfies customer expectations, its purpose and meets industry standards.  The product quality satisfies customer expectation in terms of price, safety, and usability.

The product quality is the only reason pf the success of the company and helps establish its reputation in customer trust and markets. When companies can create good quality products that continue to reach customer demands and increase revenue.

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Which of the following is used in economic analysis?
A. Gross Domestic Product

B. Surveys

C. Labour cost

D. Diffusion Indexes

Answers

The parameter used for economic analysis is the  Gross Domestic Product, hence option A is correct.

What is  Gross Domestic Product?

The market value of all the finished goods and services that nations produce and sell in a given time period is measured in dollars by their gross domestic product.

This measurement is frequently revised before being regarded as a reliable indicator due to its subjective and complicated nature.

This economic indicator measures how much money is spent on various goods.

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an uncle would like to invest for his nephew's college education. which of the following factors is a benefit of a 529 plan? qid: 3571086 mark for review a uniformity of state taxation b pretax contributions c change of beneficiaries allowed d no limits on contributions

Answers

According to the question, change of beneficiaries allowed is the benefit of the 529 plan.

What does it mean to invest in businesses?

Investing is the process of putting funds into a company or organization in an effort to make a profit. An investor in a small firm assumes the added risk of earning little or no profit because the venture may or may not be successful.

Why is it essential to invest in the business?

The ability to overcome financial challenges and develop and grow as a company is the first benefit of having someone invest in your firm. This can entail obtaining a bank's approval for a loan.

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face-to-face sales presentations to consumers that often take place in the consumer's home is the nonstore retailing form known as

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face-to-face sales presentations to consumers that often take place in the consumer's home is the nonstore retailing form known as direct selling.

direct selling

Direct selling is the most traditional method of non-store commerce. One of the most prevalent tactics in direct selling is door-to-door marketing. To offer things, salespeople typically make cold calls to homes or businesses. Direct selling is a retail channel used to offer products and services to consumers by both major worldwide brands and smaller, entrepreneurial businesses. Companies sell a wide range of goods and services, including jewelry, cookware, nutritional supplements, cosmetics, housewares, energy, and insurance, among others. The direct selling channel differs significantly from traditional retail. It's not only about putting exceptional products and services into the hands of customers. It's also a way for entrepreneurs in the United States to work independently to establish a firm with cheap start-up and overhead expenditures.

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if a company wanted to import materials duty-free, for use in the production of their end items, and then export them to other countries, they would most likely utilize? if a company wanted to import materials duty-free, for use in the production of their end items, and then export them to other countries, they would most likely utilize? international cross docking zone international processing center duty-free territory foreign trade zone

Answers

If a company wanted to import materials duty-free, for use in the production of their end items, and then export them to other countries, they would most likely utilize foreign trade zone. Hence, option D is correct.

When activated, Foreign-Trade Zones (FTZs), which are controlled by U.S. Customs and Border Protection (CBP), are typically seen as being beyond CBP territory. They are the American equivalent of what are referred to as free-trade zones overseas, and are situated in or close to CBP ports of entry.

A physical, guarded enclave within the US known as a Foreign Trade Zone, or FTZ, is frequently situated in or close to a Port of Entry. Since an FTZ is not regarded to be part of US customs territory, goods stored there are not charged customs fees while they are there.

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Identify a true statement about kaizen.
O It involves a huge financial investment.
O It is performed on a part-time basis.
O It is an intense, rapid improvement process.
O It is based on the concept of continuous improvement.

Answers

Option D is correct. Kaizen is based on the concept of continuous improvement.

Kaizen is a Japanese expression meaning change for the better or continuous improvement. A Japanese business philosophy worries the cycles that consistently further develop tasks and include all representatives. Kaizen considers improvement in efficiency to be a continuous and calculated process.

The idea of kaizen envelops many thoughts. It includes making the workplace more productive and powerful by making a group air, working on ordinary methods, guaranteeing representative commitment, and making some work really satisfying, less tiring, and more secure.

Thee five standards lead to three significant results: disposal of waste (likewise alluded to as financial productivity), great housekeeping, and normalization. In a perfect world, kaizen turns out to be so imbued in an organization's way of life that it ultimately becomes normal to representatives.

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a leader who controls a group's communication by conveying specific instructions to its members uses which leadership style? com 100

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A leader who controls a group's communication by conveying particular instructions to its members uses a directive leadership style.

Directive leadership style is an instructional type of leadership style characterized by a leader who tells the subordinate staff members what tasks they are expected to do and how to accomplish these tasks.

In directive leadership, the leaders take responsibility for decision-making instead of collaborating with their team members or incorporating employees' feedback. They just instruct their subordinates what tasks to be done and how these tasks are to be done, instead of letting them make their own choose their own path for accomplishing tasks.

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is a formal methodology that identifies dysfunctional aspects of workflow, procedures, structures and systems, and then realigns them to fit current business goals and develops plans to implement change.

Answers

Organizational design is a formal methodology that identifies dysfunctional aspects of workflow, procedures, structures and systems, and then realigns them to fit current business goals and develops plans to implement change.

What do you mean by Organizational design?

The process of establishing structures that match roles, processes, networks, and procedures with an organization's objectives is known as organizational design. Organizational design frequently entails adjustments to company operations via business divisions and individual procedures.

Functional, multi-divisional, flat, and matrix structures are the four different forms of organizational structures.There are also network, circular, and team-based structure types.

Strong organizational cultures, trustworthy communication, prompt decision-making, undistorted communication, and interaction among the organization's constituent elements are a few examples. The goal approach is the third indicator.

This method evaluates effectiveness by examining how successfully the company accomplishes its objectives.

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The effect of reduced transportation and communication costson economic development
1. Which innovative products contributed to a huge reduction in transportation and communication costs in the 1950s? Check all that apply.
The refracting telescope
A steam-operated engine
The standardized steel container
The jet engine
2.Which of the following accurately describe the effect of the reductions in transportation and communication costs? Check all that apply.
Adoption of economic policies more consistent with growth and development
Increasing trade barriers to protect domestic producers
A virtuous cycle of development that accelerates the growth rate of per capita
Exponential population growth that will reduce income to the subsistence level

Answers

Since the 1950s, there have been significant advancements in transportation technology, and the advent of commercial aircraft has practically shrunk the size of the world.

Transport refers to the transportation of goods, people, and animals between locations. In other terms, a specific movement of an organism or object from point A to point B is referred to as a transport behaviour.

Air, land, sea, cable, pipelines, and space are all forms of transportation. Infrastructure, vehicles, and operations make up this category. Trade between nations is made possible via transportation, which is vital to the advancement of civilisation. Protecting property rights and upholding contracts; giving tax incentives and patents to businesses that engage in health and scientific research and development.

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consider the factors of production that go into a fast food restaurant. indicate if each of the following is an example of land, labor, or capital.

Answers

The stoves and other cooking equipment : capital The person who cleans the restaurant: labor The tables and chairs for customers: capital The plot of land on which the restaurant is built are the factor of production.

Explain about the factor of production.

The inputs required to generate commodities and services are referred to as factors of production in economics. Land, labour, capital, and entrepreneurship are the contributing variables. The four components include the materials needed to produce a thing or service, as determined by a nation's gross domestic output (GDP).

The effort that people put forth when they produce a thing or a service is referred to as labour as a factor of production. An author publishing a book or an artist creating a painting are two examples. All work done for a financial incentive qualifies as labour, including both physical and mental effort. Human capital, which is defined by an individual's abilities, training, education, and productivity, also influences the value of labour.

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ics uses the percentage of receivables method for estimating bad debts expense. the accounts receivable balance is $100,000 at year-end and the total credit sales were $800,000. management estimates that 4% of receivables will be uncollectible. what amount of bad debt expense will be recorded if the allowance for doubtful accounts has a balance of $800 before adjustment? $4,000. $4,800. $3,200. the answer cannot be determined based on the information provided.

Answers

if the allowance for doubtful accounts has a balance of $800 before adjustment, the entries will be:

Bad Debts Expense 3,200

Allowance for Doubtful Accounts 3,200

The fundamental technique for calculating the percentage of awful debt is pretty simple. Divide the amount of awful debt by using the full accounts receivable for a duration, and multiply by 100.

The percentage of receivables approach is used to derive the terrible debt percentage that a commercial enterprise expects to experience. The approach is used to populate the allowance for dubious money owed, which is a contra account that offsets the bills receivable asset.

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21. Under the Code, a copy of an offer to purchase must be given to the buyer:

a. promptly¸ but not later than 24 hours after the buyer signed the offer.
b. as soon as convenient for the REALTOR®.
c. upon the buyer signing the offer.
d. after the offer has been accepted by the seller.


22. The Code requires that REALTORS®' advertising clearly identify:

a. the member's professional status or status as a REALTOR®.
b. the member's license number.
c. the name of the property owner.
d. none of the above.


23. The Preamble to the Code:

a. can be the basis for disciplinary action against a REALTOR®.
b. establishes ideals which all REALTORS® should strive to meet.
c. A and B.
d. neither A nor B.


24. Articles of the Code of Ethics are broad statements of ethical principles and the Standards of Practice support, interpret and amplify the respective Articles.

a. True
b. False


25. A "general" mailing to all homes in an area:

a. is always unethical.
b. is not unethical even if the mailing reaches owners whose property is exclusively listed with other brokers.
c. is unethical if there is a "for sale" sign on the lawn.
d. is unethical if the property owner is on the "Do Not Call" registery.

Answers

Under the Code, a copy of an offer to purchase must be given to the buyer: c. upon the buyer signing the offer.

. The Code requires that REALTORS®' advertising clearly identify: b. the member's license number.

The Preamble to the Code: b. establishes ideals which all REALTORS® should strive to meet.

What is REALTORs code of ethics?

In this real estate industry, honest, customer-protecting, and legal behaviors are referred regarded as having real estate ethics. Study the significance of and broad principles governing ethical standards in real estate, as well as the code of ethics, violations, and sanctions for violators.

Note that every REALTOR professional's obligations are outlined in depth in their Code of Ethics. Never be reluctant to get a copy of the Code, which includes the Standards of Practice, from a REALTOR®.

Therefore, the Code gives you the peace of mind that the person you are working with has your best interests at heart. There are seventeen Articles in the Code of Ethics, along with corresponding Standards of Practice.

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a company reported a net loss of $30,000 for the current year, yet its cash balance increased during the year. which financial statement should management refer to for an explanation of this situation? a.balance sheet b.statement of cash flows c.income statement d.statement of retained earnings

Answers

The company reported a net loss of $30,000 for the current year, yet its cash balance increased during the year. d.statement of retained earnings.

A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.

There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.

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Capital and revenue expenditures OBJ. 1 Warner Freight Lines Co. incurred the following costs related to trucks and vans used in operating its delivery service:

1. Changed the oil and greased the joints of all the trucks and vans.

2. Changed the radiator fluid on a truck that had been in service for the past four years.

3. Installed a hydraulic lift to a van.

4. Installed security systems on four of the newer trucks.

5. Overhauled the engine on one of the trucks purchased three years ago.

6. Rebuilt the transmission on one of the vans that had been driven 40,000 miles. The van was no longer under warranty.

7. Removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication.

8. Repaired a flat tire on one of the vans.

9. Replaced a truck’s suspension system with a new suspension system that allows for the delivery of heavier loads.

10. Tinted the back and side windows of one of the vans to discourage theft of contents.Classify each of the costs as a capital expenditure or a revenue expenditure.

Answers

Investment and revenue expenditures India. 1 Turner Freight Lines Co. spent the following money on the trucks and vans that it utilized to run its delivery business. Changed the oil and lubricated all the joints on the trucks and vans.

What, in brief, is revenue expenditure?

Revenue expenditures are costs incurred by the corporation as part of routine business operations. The advantages that will come from these costs will be realized during the same accounting cycle.

What are the funding sources for spending?

Public spending which does not lead in the creation of assets is referred to as revenue expenditure. Revenue expenditures include things like salaries, wages, pension, subsidies, and interest payments. In order to cover its operating needs, the government incurs income expenses.

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