The creation of a work statement is the first step in outlining the scope of the project. The formal document outlining the specifications for a certain project is this one.
What does "budget" signify in the business world?A business budget is a spending plan for your company located on your costs and revenues. It determines your cash on hand, figures out your expenses, and helps with income projection. A budget can help with the management of your company's operations and act as a guide for setting financial goals.
What makes a budget so important to a company?It lets a business to plan expenses, achieve overall goals, and anticipate any modifications that may be required to operations. A budget might be useful in helping a business comprehend its ongoing costs.
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risk management involves identifying, assessing, and responding to project risks in order to minimize the likelihood of occurrence and or potential impact of adverse events on the accomplishment of the project objective. a. true b. false
It is true that project hazards must be recognized, evaluated, and addressed as part of risk management.
What does management mean?Management is the process of carrying out the work or activity required to achieve an organization's objectives in an effective and efficient manner. The procedure implies the management duties. Therefore, there is involvement in planning, organizing, staffing, directing, and managing.
What does management entail in a company?The administration and coordination of business activities, tasks, and resources in order to achieve a given objective can be referred to as business management. This typically requires overseeing personnel, managing daily operations, and creating infrastructure for the company's future.
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when writing a recommendation report using an indirect approach, how should you write your subject line? refer to the problem in general terms, not to your recommendation. refer to your recommendation clearly and specifically.
When writing a recommendation report using an indirect approach refer to the problem in general terms not to your recommendation.
What is recommendation report?
A suggestion report is created to suggest or suggest the solutions available to address an issue or satisfy a demand. The report's objectives are to contrast several possibilities, suggest one, and back up that suggestion. Although cost is a constant factor, there are other factors as well. Typically, a report's audience is specified and narrowly focused, and one or more groups will be looking at different parts of the study. Report authors need to include enough details so that readers may act as knowledgeable team members and confidently adopt the suggestions.
Depending on the subject matter and the function, different letters of recommendation require different things.
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what is the focus of the bcg matrix? what is the focus of the bcg matrix? a company should have profitable sbus a company should have high growth sbus a company should have a well-balanced portfolio a company should aim to maximize its current profits
A BCG matrix is a model used to analyze a commercial enterprise's products to resource with lengthy-time period strategic planning. The matrix allows corporations discover new increase opportunities and determine how they need to invest for the destiny.
Excessive market share does no longer always ends in excessive profits. There are high costs additionally concerned with excessive marketplace share. increase fee and relative market percentage are not the only signs of profitability. This version ignores and overlooks other indicators of profitability.
As we recognize, the first-class quadrant for profitability these days is the cash cow quadrant and the exceptional nice quadrant for profitability in the future is the megastar quadrant – so portfolios which have higher proportions of coins cows and stars are desired.
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when a client uses paper stock certificates, an auditor is most likely to trace treasury stock purchase transactions to the:
When a client uses paper stock certificates, an auditor is most likely to trace treasury stock purchase transactions to the: Numbered stock certificates on hand.
It needs to be noted as a decrease in stockholders' equity (i.e., as a contra-equity account). Treasury stock should not be included in the average common shares outstanding for basic and diluted earnings per share since it is not counted as outstanding for share count purposes.
to confirm that the organization's treasury department is equipped with the proper access controls. to confirm that the organization has protected the data and documents connected to treasury operations. to certify that all transactions have been accurately documented in the entity's books of accounts.
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f the dollars held for transactions purposes are, on average, spent four times a year for final goods and services, then the quantity of money people will wish to hold for transactions is equal to:
Then the number of money people will wish to hold for transactions is equal to 25 percent of nominal GDP.
Gross home product (GDP) is an economic measure of the marketplace value of all the final goods and offerings produced and bought (not resold) in a selected time period by means of international locations.[2][3] due to its complicated and subjective nature this measure is frequently revised before being considered a reliable indicator. GDP (nominal) according to capita does not, but, mirror differences inside the value of residing and the inflation quotes of the international locations; therefore, the usage of a basis of GDP in keeping with capita at shopping power parity (PPP) can be greater useful whilst evaluating dwelling requirements among countries, even as nominal GDP is extra useful evaluating country wide economies at the global market.
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if the wage rate increases from $8 to $10 and, as a result, the quantity demanded of labor decreases from 5,000 workers to 4,500 workers, then the absolute value of the elasticity of demand for labor is: group of answer choices 0.47 1.14 2.11 0.95 2,57
The labor demand elasticity is 0.47 in absolute terms.
Define Wage Rate.The fundamental remuneration for each unit of output or of time is quantified by wage rates. It depends on either the quantity of production hours or workplace productivity.
The labor market's elasticity measures how sensitively the demand for labor responds to changes in wage rates. It quantifies the proportionate change in labor demand when the wage rate varies proportionately, to put it another way. Given that it takes time for individuals to react to changes in relative earnings, the supply curve of labor is often inelastic in the near run.
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the bond between adjacent amino acids is a(n)?
a. amino bond
b. peptide bond
c. covalent bond
d. ionic bond
e. peptide and covalent bond
A covalent bond forms between adjacent amino acids.
A covalent bond is an electron exchange that causes the production of electron pairs between atoms. These electron couples are referred to as bonding pairs or sharing pairs. When atoms share electrons, the attractive and repulsive forces between them come to a stable equilibrium, known as covalent bonding. Because electrons are shared among several molecules, each atom can reach the equivalent of a full valence shell, resulting in a stable electronic state. In organic chemistry, covalent bonds are much more common than ionic bonds. Covalent bonding encompasses a wide range of other forms of interactions, including bent bonds, three-center two-electron bonds, agnostic interactions, metal-to-metal links, and three-center four-electron bonds, among others. In 1939, covalent bonds were first described.
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in the absence of trade, the domestic price of soybeans is pn. if the world price of soybeans is pw, which of the following will occur when the united states begins to trade internationally? a. the domestic price of soybeans will fall, and domestic consumption will rise. b. the domestic price of soybeans will rise, and domestic consumption will fall. c. both the domestic price of soybeans and domestic consumption will fall. d. both the domestic price of soybeans and domestic consumption will rise.
In the absence of trade, the domestic price of soybeans is pn. if the arena charge of soybeans is pw,b. the home charge of soybeans will rise, and home intake will fall.
The required details about domestic price is mentioned in below paragraph.
A domestic price degree represents the cutting-edge charge for a particular top or carrier in an economy. Government companies or country wide economists have a tendency to study diverse charge degrees for you to verify growing or falling prices, known as inflation and deflation in monetary terms, respectively.The term 'Domestic charge ' because it applies to the region of agriculture may be described as ' The charge at which a commodity trades inside a country, in assessment to the arena charge. For the ones commodities now no longer benefitting from a few shape of charge aid, the domestic price is decided with the aid of using deliver and demand. For commodities that acquire charge aid, the home charge is commonly set with the aid of using the mortgage price or a few similar aid degree that serves as a charge ground withinside the market running at the side of any import quota that can be in effect'.
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voluntary agreements among business, government, and society to achieve goals are called multiple choice collaborative partnerships. community relations. social capital. social investment.
Voluntary agreements among businesses, government, and society to achieve goals are called collaborative partnerships.
An agreement is a manifestation of mutual assent by using or more humans to each other. it is a meeting of the minds in a commonplace aim and is made thru provide and popularity. An agreement can be proven from words, behavior, and in some instances, even silence.
A basic settlement is a written tool of expertise, negotiated among an organization or contracting hobby and a contractor, that (1) consists of agreement clauses making use of destiny contracts between the parties at some stage in its term and (2) contemplates separate destiny contracts in order to incorporate through reference.
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ADA legislation does NOT impact which of the following building types?
Residences
Office buildings
Hotels
Restaurants
ADA legislation does NOT impact residences. Option A.
What is meant by ADA legislation?The Americans with Disabilities Act (ADA) forbids discrimination against anyone who have a disability in a number of settings, including employment, public accommodations, transportation, communications, and access to state and local government services and programs.
The Americans with Disabilities Act Standards for Accessible Design are referred to as ADA compliance. All electronic information and technology, including your website, must be usable by people with impairments.
In order to make the sidewalk accessible for wheelchairs or those with walking disabilities, streets must include right-angled curb. Technology can frequently be used to help.
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a proposed new investment has projected sales of $635,000. variable costs are 40 percent of sales, and fixed costs are $168,000; depreciation is $83,000. assume a tax rate of 23 percent. what is the projected net income?
According to the given information, the projected net income of the project is $100,100
Net Income = (Revenues - Expenses - Depreciation - Interest) x (1 - Tax Rate)
Net Income = (635,000 -(635,000 ×0.40) - 168,000 - 83,000) x (1 - 0.23)
Net Income = $100,100
Net income (NI), likewise called net gain, is determined as deals less expense of merchandise sold, selling, general and regulatory costs, working costs, devaluation, interest, charges, and different costs. It is a helpful number for financial backers to evaluate how much income surpasses the costs of an association. This number shows up on an organization's pay proclamation and is likewise a sign of an organization's productivity
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the owner of a technology firm needs to hire a new site manager. she has narrowed the list of applicants down to two candidates. though neither applicant has worked for a technology firm before, each has experience and skills that could make them effective in the position. as the owner considers how each candidate might perform in various situations, she is performing at which level of bloom's taxonomy? group of answer choices remember
The bloom taxonomy is a collection of three hero models used to categorize the complexity and specificity of educational learning levels. They address the learning objectives in the cognitive, sensing, and effectiveness domains. Benjamin Bloom was honored with the model's name.
What is bloom taxonomy?A collection of three hierarchical models known as Bloom's taxonomy is used to categorize educational learning objectives into levels of complexity and specificity.
The learning objectives for the cognitive, emotional, and psychomotor domains are covered by the three lists.
Most traditional education has placed a strong emphasis on the cognitive domain list, which is typically used to organize curricular learning objectives, evaluations, and activities.
The models bear Benjamin Bloom's name, who served as the chairman of the committee of educators that created the taxonomy. Additionally, he was the editor of Taxonomy of Educational Objectives: The Classification of Educational Goals, first volume.
Following a series of conferences from 1949 to 1953 intended to increase communication amongst educators regarding the creation of curriculum, the Taxonomy of Educational Objectives was published.
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at the end of the current year, swen inc. prepares its tax return, which reflects an uncertain amount, reducing the firm's tax liability by $40,000. swen estimates that, upon audit by the irs, there is a 20% chance that the full $40,000 benefit will be upheld, and a 40% chance that the benefit will be only $25,000. as a result of the required recognition and measurement principles for uncertain tax positions, current-year income tax expense is reduced by what amount? $18,000 $25,000 $40,000 $15,000
The current--year income tax expense is decreased with the aid of using the quantity of . $25,000.
The required details about income tax expense is mentioned in below paragraph.
Income tax is taken into consideration an rate for the commercial enterprise or person due to the fact there's an outflow of coins because of tax payout. After the taxable earnings is determined, the commercial enterprise or person is at risk of pay earnings tax on that earnings.Tax costs are the whole quantity of taxes owed with the aid of using an person, corporation, or different entity to a taxing authority. Income tax rate is arrived at with the aid of using multiplying taxable earnings with the aid of using the powerful tax rate Companies document earnings tax rate as a debit and earnings tax payable as a credit score in magazine entries. If corporations use the income tax expense equal coins approach of accounting for each economic and tax reporting, the finished magazine entries encompass an identical debit and credit score to earnings tax rate and earnings tax payable, respectively.
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a friend has mentioned that she has read that the following variables can be used to predict bankruptcy: (a) the company debt ratio; (b) the interest coverage; (c) the amount of cash relative to sales or assets; (d) the return on assets; (e) the market-to-book ratio; (f) the recent return on the stock; and (g) the volatility of the stock returns.
A. High company debt ratio will always reflect risk related to insolvency because when the debt ratio will be higher, it would be related to a higher risk related to bankruptcy and hence high value of debt ratio is meaning a high probability of bankruptcy.
B. The high value of the interest coverage ratio will mean that the company is generating higher amount of income in order to cover with the interest and hence the risk related to bankruptcy will be lower when the higher interest coverage ratio will be there, the probability of bankruptcy would be lower.
C. If there is a high amount of cash relative to sales or assets, then there is a low risk related to insolvency because there will be higher liquidity in the hands of the company. Hence the probability of bankruptcy will be lower.
D. If there is a high return on assets, it will mean that the probability of bankruptcy will also be lower because when there will be a higher return generated by the company on its assets it is related to safe heaven for the company and the probability of bankruptcy will be lower
E. If the market-to-book ratio is higher it will mean that the risk related to bankruptcy and insolvency is lower.
F. If the return on the stock is higher, the risk related to bankruptcy is lower because it is meaning that the company is providing a high rate of return in the market.
G. When the volatility of the stock return is higher, it will mean that the probability of bankruptcy will also be higher because it is a high beta company and it is having a higher amount of systematic risk.
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when an infinite value is placed on human life, policymakers who rely on cost-benefit analysis a. would be forced to rely on private markets to provide public goods. b. are likely to make decisions that optimally allocate society's scarce resources. c. would not pursue any public project that would not save human life. d. are forced to pursue any project in which a single human life is saved
When an infinite value is placed on human life, policymakers who rely on cost-benefit analysis are forced to pursue any project in which a single human life is saved.
What is benefit ?A business benefit is the tangible result of an action or decision that helps achieve one or more business goals. This definition works well for many business planning, decision support, and other analytical needs, each serving a social purpose.Employee benefits are also called perks or fringe benefits. This is additional wages that employees receive on top of their monthly salary and wages. Examples of benefits include health insurance, stock options, and health insurance.These are some basic offered to employees. Employee benefits are any form of indirect remuneration paid to employees beyond their normal salary or wages. These include health insurance, retirement plans, paid vacation, etc.These are benefits that cannot be converted into money but have monetary value. They are typically used by employees without being owned by them. Examples are loans on special terms, or use of a company car or apartment.To learn more about benefit from the given link :
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The interest rate effect of a decrease in the aggregate price level will increase which of the following? A. the purchasing power of money holdings B. investment spending C. interest rates D. aggregate supply E. aggregate demand
Consumers can raise more money with reduced interest rates as a result of lower interest rates. Spending on investments rises together with their financial resources.
What do mean by demand?Demand is the consumer's commitment to purchasing a particular good or service. Market demand is the term used to describe the demand for a given good on the market. Aggregate demand is the term used to describe all of the economy's demand for goods and services. The cost of a commodity or service depends on how well supply and demand are matched. acknowledging the notion of demand. Demand in economics refers to a consumer's willingness and desire to purchase products and services at a specific price. When a good or service's price increases, demand often decreases.
Why is demand important?The relationship between supply and demand is essential because it influences how much most goods and services cost and are available in a given market. The principles of a market economy dictate that supply and demand eventually achieve balance.
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Ester is a current employee of fiber optics, inc. Gage, a former fiber optics employee, is currently unemployed. To collect unemployment compensation, gage must?
Ester is a current employee of fiber optics, inc. Gage, a former fiber optics employee, is currently unemployed. To collect unemployment compensation, gage must be willing and able to work.
What purposes serve fiber optics?
Long-distance and high-performance data networking are made possible by fiber optics. The internet, television, and telephones are all forms of telecommunication that use frequently.
The person working at fiber optics, Inc. right now is Ester. A former employee of fiber optics, Gage, is today without a job. In order to get unemployment benefits, the claimant must be able and willing to work.
Therefore, The claimant must be capable of working and willing to do so in order to qualify for unemployment benefits.
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Debts listed as current liabilities are those that will be paid in less than one year a. b. are due to be paid in 5 to 10 years are due to be paid in more than one year c. d. are owed to the owner and will never be paid
The correct option is b) Will be paid in less than one year. Debts that must be repaid by a corporation within a year are known as current liabilities. They are frequently compensated with existing assets. On a balance sheet, current obligations are located on the right side.
All liabilities of the company that must be paid in cash within the fiscal year or the operating cycle of a specific company, whichever is longer, are often recognized to be current liabilities. Current liabilities are defined as debts that will be settled by current assets or by the development of new current liabilities, which is a more comprehensive definition. Accounts payable are due and paid within 30 days, but they frequently take longer than 30 or 60 days in specific circumstances. Accounts payable is a topic that is related to the laws on late payments and claims for unpaid accounts payable. An organization's operational cycle is the typical amount of time needed to produce revenues from cash to cash. [Reference needed] Current liabilities include, for instance, accounts payable for goods, services, or supplies that were purchased for use in the operation of the firm and payable within a typical period. Accounts payable amounts represent all of a company's bills that are due to vendors, whether they are more than 30 days old or less than 31 days old. As a result, the balance sheet for accounts payable does not indicate late payments. The age of accounts payable may be mentioned in footnotes in the audited financial statements, but this is not standard accounting procedure.
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Which of the following are true about marginal cost? Marginal cost is determined by the marginal product. All three answers are true Marginal cost = average variable cost at the minimum of AVC Marginal cost = average total cost at the minimum of ATC
Answer:
Marginal cost is determined by the marginal product.
Marginal cost = average variable cost at the minimum of AVC
just-in-time manufacturing has become more popular because companies can cut costs associated with inventory of supplies and of finished goods. however, jit has risks. what is a risk when doing jit manufacturing?
Buying items or supplies shortly before they are needed for production is known as just-in-time (JIT) purchasing (or sales). Among the advantages are low stock holdings and a lesser risk of inventory obsolescence.
What exactly is meant by obsolescence?the act of becoming outdated or the state of being on the verge of becoming obsolete. machinery that becomes obsolete over time. obsolescently diminished. the purposeful demise of vehicles.
Obsolescence is caused by what?Obsolescence may occur rapidly due to a shift in technology or customer demand, or it may happen more gradually over time until the benefits of replacing the item exceed the costs associated with doing so.
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Which of the following acts by a CPA would not necessarily be considered an act discreditable to the profession under the AICPA Code of Professional Conduct?
A. Prohibiting a client's new CPA firm from reviewing the audit working papers after the client has requested the CPA to do so.
B. Engaging in discriminatory employment practices.
C. Robbing a convenience store.
D. Knowingly signing a false tax return.
Under the AICPA Code of Professional Conduct, the following behaviors by a CPA would not necessarily be regarded as activities that reflect poorly on the profession.
Briefing:-preventing a client from requesting the new CPA firm to study the audit working papers after the client has already done so.
Which of the following behaviors would not be regarded as damaging to the field?Answer and justification (a) A significant number of moving traffic offenses would probably NOT be regarded as a "act discreditable to the profession." Traffic infractions won't harm the accountant's reputation for conducting professional business.
What conduct is improper for a CPA?Insider trading, bigotry, and sexual harassment are all prohibited behaviors that reflect poorly on the industry.
Which of the following actions when auditing an SEC customer is not regarded as being dishonorable to the profession?carrying out audits and other SEC-prohibited services.
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at the present time, cold goose metal works (cgmw) has a series of five-year noncallable bonds with a face value of $1,000 that are outstanding. these bonds have a current market price of $1,438.04 per bond, carry a coupon rate of 14%, and distribute annual coupon payments. the company incurs a federal-plus-state tax rate of 35%. if cgmw wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? 2.14% 3.08% 3.22% 2.68%
d) The after-tax cost of debt (rounded to two decimal places) is 2.68%
The after-tax cost of debt is the interest rate on a loan or debt obligation after all taxes have been accounted for. It is calculated by subtracting the tax rate from the nominal interest rate. For example, if an investor has a loan with a 10% interest rate and a 20% tax rate, their after-tax cost of debt would be 8%.
Calculate the after-tax yield of the current bonds.
After-tax yield = (14% x (1 - 0.35)) = 9.1%
Calculate the after-tax cost of debt.
The after-tax cost of debt = (Market Price - Face Value) / Face Value
After-tax cost of debt = (1,438.04 - 1,000) / 1,000 = 0.438
Calculate the after-tax cost of debt (rounded to two decimal places).
After-tax cost of debt = 9.1% + 0.438 = 9.54%
The after-tax cost of debt (rounded to two decimal places) = 9.54% = 2.68%
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a company provided the following data: sales, $700,000; beginning inventory, $60,000; ending inventory, $65,000; and gross profit, $330,000. what was the amount of inventory purchased during the year?
The amount of inventory that has been purchased during the whole year is $375,000. Hence, Option A is correct.
The items and materials a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. Specifying the size, shape, and location of stocked commodities is the main focus of inventory management.
Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit.
The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle. The car will be handled like an asset.
There is a sale of $700,000, inventory at the beginning is $60,000, at the end of year, the inventory is $65,000. The gross profit is $330,000.
Inventory during whole year = Sales - Gross profit +Ending inventory - Opening inventory
= 700000-330000+65000-60000
= 370000+5000
= 375000
Therefore, Option A is correct.
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The complete question has been attached in text form:
A company provided the following data: sales, $700,000; beginning inventory, $60,000; ending inventory $65,000; and gross profit. $330,000. What was the amount of inventory purchased during the year? Multiple Choice
O $375,000
O $705,000
O $365,000
O $370,000
Which of the following is not an example of a computer used as a target of crime? Illegally accessing stored electronic communication Accessing a computer system without authority Threatening to cause damage to a protected computer Knowingly accessing a protected computer to commit fraud Breaching the confidentiality of protected computerized data
The Answer is A. Illegally accessing stored electronic communication, computer Fraud used as a target of crime.
The principal legal tool for prosecuting online criminals is the Federal Computer Fraud and Abuse Act (CFAA), which imposes severe fines on violators. Unauthorized use of a computer to access federal or state secrets. Unauthorized access to a computer utilised for international trade and unauthorised use of the data. Unauthorized entry into a personal computer used by the US Government. Intentionally breaking into a computer that has been encrypted.
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higher education students in texas can now receive a rebate of $1,000 if they graduate within three credit hours of what is required for their degree. how is this rebate funded?
Higher education students in Texas can now receive a rebate of $1,000 if they graduate within three credit hours of what is required for their degree, the rebate is funded likely through fees
Higher education policy alludes to the choices made by the national government, state assemblies, advanced education sheets, and schools and colleges themselves. These choices can influence how state subsidizing is distributed, who sets educational cost and at what level, grounds assets accessible for scholastically striving understudies, certifications and projects offered, and state monetary guide qualification and grant sums, as certain models. Advanced education substances likewise set strategies that oversee grounds conditions, for example, the restriction or recompense of firearms nearby and rules with respect to free discourse and understudy fights.
Choices made in advanced education strategy can influence school access, the maintenance of understudies and the possible finishing of their certificates, understudy privileges nearby, understudies' monetary weight as obligation, and their work possibilities after graduation.
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what should you do before writing the report? gather the background information, and determine the problem necessitating the proposal. draw conclusions and make recommendations. establish criteria for comparison.
You should be certain that you comprehend the issue before you start composing a company report. Use a straightforward approach, and state your proposal or call to action at the start.
What's the story? Meaning?noun. a report or assertion that provides a thorough explanation of an occurrence, circumstance, or such, usually as a consequence of observation, research, etc. a statement on the peace treaty; a statement on the illness from the doctor. a declaration or announcement. a claim or news item that has gained widespread traction; rumor; gossip.
How do you define an excellent report?A good report avoids using ambiguous or obscure phrases and writes in simple language. The report's language should not be influenced by the writer's motivation or emotions. A solid report's message need to be clear to everyone. In the presentation of facts, a skilled reporter should avoid using convoluted language. Conciseness.
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Which of the following is conceptually similar to a journal in a manual AIS? a. master file b.database c. transaction file d. record
A journal in a manual AIS has conceptual similarities to a transaction file.
A transaction file is a temporary collection of transaction records that contains transaction records that are used to modify or update data in a master file. Transaction files include things like sales orders, receipts for merchandise, and cash receipts.
Accounting information systems are used by accountants, managers, chief financial officers (CFOs), business analysts, managers, auditors, regulators, tax agencies, and consultants to gather, store, process, and report financial and accounting data for firms. Generally Accepted Accounting Principles (GAAP), as well as current information technology resources, are used to track all accounting and business activity. An IS and an AIS cannot be identified independently.
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read the above articles. then develop a case report for a company of your choice in 10 companies killing it at scaling agile. using case report rubric and guidelines. do your own research, in addition to the article.
are combinations of conventional components, components from subassemblies, or services that consumers can choose from a small selection. example: Subway sandwiches and Dell PCs.
Are large-scale, tailored projects like that?consist of a variety of smaller tasks and activities that must be planned out and completed in order for large, customised projects to be delivered on time and within budget. Characteristics: A wide range of requirements and duties were given to the site along with special, substantial, and sophisticated resources.
Batching, low to moderate volume, numerous routes, a diversity of products, a highly skilled personnel, and customization to the demands of the customer are all traits.
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Individual proprietors report their business income and deductions on: Multiple Choice O Form 1065.
O Schedule O. Schedule O Form 1120S. O Form 1041.
Individual proprietors report their business income and deductions on
Form 1120S.
What is Form 1120S?
Form 1120S is an IRS form used by businesses organized as S corporations to report their income, gains, losses, deductions, and credits to the Internal Revenue Service (IRS). It is a variant of the Form 1120 and is used in place of this form by businesses that have elected to be taxed as an S corporation.
What do you mean by Proprietors?
Individual proprietors are sole proprietors who own and operate a business. They are the sole owners of the business and do not have to answer to any other shareholders or partners. They have complete control over the business and its operations, as well as the profits and losses.
Hence, the correct option is Option D.
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ebook firms hl and ll are identical except for their financial leverage ratios and the interest rates they pay on debt. each has $11 million in invested capital, has $1.65 million of ebit, and is in the 25% federal-plus-state tax bracket. both firms are small with average sales of $25 million or less during the past 3 years, so both are exempt from the interest deduction limitation. firm hl, however, has a debt-to-capital ratio of 60% and pays 12% interest on its debt, whereas ll has a 25% debt-to-capital ratio and pays only 9% interest on its debt. neither firm uses preferred stock in its capital structure. calculate the return on invested capital (roic) for each firm. round your answers to two decimal places. roic for firm ll: % roic for firm hl: % calculate the return on equity (roe) for each firm. round your answers to two decimal places.
The ROIC for firm HL is 12% and the ROIC for firm LL is also 12%.
How do you calculate the return of equity?The formula for determining ROIC is posted below.
{ROIC} = {{EBIT}(1-T)}{{Total invested capital}}
ROIC= Total invested capital EBIT(1−T)
We are aware that both businesses have a 40% tax rate, $4 million in EBIT, and $20 million in total invested capital. The ROIC and the return of equity will be the same for both businesses because these factors are all the same.
ROIC= {$4,000,000(1-0.40)}{$20,000,000}
$20,000,000
$4,000,000(1−0.40)
ROIC= {$2,400,000}{$20,000,000}
$20,000,000
$2,400,000
ROIC= .12 or 12%
The ROIC is 12% for both firms
The ROIC for firm HL is 12% and the ROIC for firm LL is also 12%.
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