which of the following activites describes the new product development process known as concept testing

Answers

Answer 1

A critical phase in the creation of a new product or service is concept testing. It occurs early in the process and aids in identifying important perceptions, user needs, and user wants related to the good or service

What is concept testing?

Concept testing is the process of evaluating whether a new product will appeal to a select set of target customers by putting it to the test with them. Many businesses rigorously test prospective new product concepts with consumers before turning them into real new things.

Benefits of concept testing

Customers alone can tell whether a business idea will prosper or fail. Because of this, it's essential to test your concepts and ideas before introducing them to your target audience. Concept testing will provide you with information that will assist you in launching successful goods.

You can also gain comprehensive insights into the various facets of your idea by doing concept testing. You can inquire about a particular feature, the style and feel, the cost, and more. Thus, before releasing the product, you may ensure the accuracy of every aspect.

Surveys are used by businesses and organisations to test concepts, making it easy for brands of all sizes to use.

Concept testing is easily achieved with the help of a research platform. Here are the four primary methods of concept testing:

Comparison testingMonadic testingSequential monadic testingProto-monadic testing

To know more about Concept testing, Refer to:

https://brainly.com/question/3521552

#SPJ4


Related Questions

a budget that deals with costs of major assets such as a new plant, machinery, or land is known as a budget. a. balance sheet b. capital expenditures c. expense d. cash flow e. revenue

Answers

A capital investment may be physical—like a copy machine—or intangible, like a patent. Because they can be sold if necessary, both tangible and intangible capital expenditures are regarded as assets in many tax regulations.

Does capital spending count as a current liability?

Current liabilities are probably going to comprise a lot of operational expenses (OpEX). The opposite is true of capital expenditure (CapEx). CapEx typically requires substantial investments as well as potential long-term debt. But it is theoretically possible to include capital expenditures.

To know more about Capital Expenditure visit:

https://brainly.com/question/16179329

#SPJ4

which of the following is considered an operating activity? a. marketing a product b. purchasing manufacturing equipment c. issuing stock d. making a loan payment

Answers

D. Making a loan payment. Operating activities are activities that are directly related to the core operations of a business, such as producing goods or providing services.

Making a loan payment is an example of an operating activity since it is directly related to the financial operations of the business.

Operating activities are all the things a business undertakes to consistently advertise its goods and services. Non-operating activities are one-time occurrences that may have an impact on sales, costs, or cash flow but are unrelated to the regular, main activity of the company.

To know more about operating activities here

https://brainly.com/question/14089179

#SPJ4

max is going door to door selling cleaning products. a potential customer has asked max to show him how a particular product works. which step in the sales process has max reached?

Answers

An independent or corporate-owned business that helps move products from the producer to the ultimate consumer. Intermediate market - A set of wholesalers and retailers that buy goods from others and re-sells them.

What is sales process and step of sales process?

A sales process is a set of important steps that your sales team can follow to complete a sales cycle. By following a sales process, your sales reps can take prospects from the stage of being aware or unaware of their needs, to paying for your offerings to meet these needs.

Defining the  stages of the sales process:

Prospecting: Before you can sell anything, you'll first need someone to actually sell to, and this is where prospecting, or lead generation, comes in.Connection: Every cold call or social interaction is the start of a new relationship with someone who could become a client. This connection phase is your only opportunity to make an excellent first impression, which is absolutely crucial if you want the chance to pitch how good your product or service really is.Qualifying:During your first conversion, it's crucial that you ask qualifying questions. After all, you need to be pitching to someone who has the authority to make a decision.Displaying Value: Setting up a demonstration gives you the opportunity to really display the value of your product. Tackling Objections: Even after you've delivered your killer sales pitch, the prospect is still likely to have questions and concerns that you'll need to clear up before they're willing to make a purchase.

To learn more about sales process refers to;

https://brainly.com/question/8757529

#SPJ4

you are trying to identify and document high-level risks, assumptions, and constraints to pinpoint project limitations. you have interviewed key stakeholders that have expertise in this area and looked at the current environment. which other activity should you perform to complete your task?

Answers

You should review historical data in stakeholders related to the project and similar projects to identify any patterns or lessons learned.

What is stakeholders?

Stakeholders are individuals or groups who have an interest in the success and outcomes of a project, program or organization. They can include those who have invested in the project financially, those who have provided resources or those who will be impacted by the project’s success or failure. Stakeholders are typically consulted and kept informed throughout the project’s lifecycle. They are also consulted to provide feedback and may need to sign off on certain decisions. Stakeholders can also be involved in decision-making and risk management. Stakeholders can include customers, suppliers, business partners, shareholders, employees, community members, and government regulators. It is important to recognize and manage stakeholder interests to ensure successful outcomes.

To learn more about stakeholders

https://brainly.com/question/15532995

SPJ4

What decision rule should be followed when deciding if a business segment should be eliminated?
a. Segments generating a net loss should always be eliminated.
b. Segments with revenues that are more than avoidable expenses should be considered for elimination.
c. Segments with revenues that are more than unavoidable expenses should be considered for elimination.
d. Segments with revenues that are less than avoidable expenses should be considered for elimination.
e. Segments with revenues that are less than unavoidable expenses should be considered for elimination.

Answers

The correct decision rule is: d. Segments with revenues that are less than avoidable expenses should be considered for elimination.

What are avoidable expenses?

Avoidable expenses are costs that can be eliminated or reduced if a particular business segment is eliminated. If a segment's revenue is less than its avoidable expenses, it means that the company would be better off financially by eliminating that segment and not incurring those expenses.

Unavoidable expenses are those costs that cannot be reduced even if the business segment is eliminated. It would not be a good decision rule to consider eliminating a segment based on its revenue being less than unavoidable expenses as the company still has to bear those costs.

Eliminating a segment that is generating a net loss is not always a good decision as it may be generating positive cash flow or contribute to other segments of the business.

Revenues that are more than avoidable expenses or revenues that are more than unavoidable expenses are not good decision rules as it doesn't give any information about the profitability of the business segment.

Therefore, Segments with revenues that are less than avoidable expenses should be considered for elimination.

To learn more about avoidable expenses from the given link:

https://brainly.com/question/29807108

#SPJ4

Which of the following is a problem often faced by business professionals who are attempting to have a difficult conversation

Answers

Problem often faced by business professionals who are attempting to have a difficult conversation are Fear of conflict, Lack of preparation, Inability to communicate clearly and much more described below:-

1. Fear of conflict: Many people may feel anxious or uncomfortable when they anticipate a difficult conversation, especially if they are worried about how the other person will react.

2. Lack of preparation: Without proper preparation, it can be difficult to stay on track during a difficult conversation and to address all of the key issues.

3. Inability to communicate clearly: Effective communication is crucial for a difficult conversation, but if the person is not able to clearly express their thoughts and feelings, it can lead to confusion and misunderstandings.

4. Difficulty in finding the right words: It can be hard to find the right words to express oneself in a difficult conversation, especially if the topic is sensitive or emotionally charged.

5. Lack of empathy: When people are not able to understand or relate to the other person's perspective, it can make it difficult to have a productive conversation.

6. Resistance to change: Sometimes, people are resistant to change, and they may be unwilling to hear or consider new ideas, making it difficult to have a meaningful conversation.

7. Inability to manage emotions: when the emotions are high, it can be difficult to stay focused and have a rational conversation.

8. Power imbalances: When there is a power imbalance between the people involved in the business meeting conversation, it can make it more difficult to have a productive conversation.

To know more about business please refer: https://brainly.com/question/14823198

#SPJ4

Which of the following is the calculation to compute the predetermined variable manufacturing overhead rate?Total Estimated Variable Manufacturing Overhead / Total estimated amount of the allocation base

Answers

The calculation to compute the predetermined variable manufacturing overhead rate is both Total Estimated Variable Manufacturing Overhead / Total estimated amount of the allocation base.

The total estimated amount of the allocation base is a quantity or value used to allocate manufacturing overhead costs to products or services. It is often used in the calculation of the predetermined overhead rate, which is used to apply overhead costs to products or services based on the relationship between the overhead costs and the allocation base. The most common allocation bases are direct labor hours, direct labor costs, or machine hours. The total estimated amount of the allocation base is determined by adding up the expected usage or cost of the allocation base for the budgeted period.

To know more about manufacturing please refer: https://brainly.com/question/28168902

#SPJ4

8. question 8 which of the following is an engagement metric? 1 point a 20% increase of participation time within an app. double the amount of initial orders. a 35% increase of first-time customers. number of new customer sign-ups for a subscription.

Answers

(C) A 20% increase in the amount of time users spend using an app is an example of an engagement metric.

What is the engagement metric?

Indicator or key performance indicator (KPI) assessing the audience's engagement and involvement with material published by a brand.

The three most frequent metrics used to measure website traffic are pageviews, sessions, and users.

Pageviews, which track when a user visits a certain page on your website, are the most fundamental of all user interaction metrics.

The average number of interactions your social media material receives per follower is measured using the engagement rate statistic.

The engagement rate is computed by dividing the total number of interactions with your content by the total number of followers you have, then multiplying that result by 100%.

Therefore, (C) a 20% increase in the amount of time users spend using an app is an example of an engagement metric.

Know more about an engagement metric here:

https://brainly.com/question/28831569

#SPJ4

Correct question:

Which of the following is an engagement metric?

a. Double the amount of initial orders.

b. Number of new customer sign-ups for a subscription.

c. A 20% increase in participation time within an app.

d. A 35% increase of first-time customers.

Which of these best describes the fundamental economic problem of scarcity ?

a. Resources are unlimited but there is a scarcity of uses for them.

b. Resources are scarce when compared to the demand for them.

c. There is a scarcity of funding for resource conservation.

d. Resources and resource needs are equally scarce.

Answers

Resources are scarce when compared to the demand for them  best describes the fundamental economic problem of scarcity.

Scarcity is one of the key concepts in economics. This means that the demand for goods or services is greater than the availability of goods or services. As such, scarcity can limit the choices available to consumers who ultimately make up the economy.

Resources such as land, labor and capital are finite relative to their demand, and the economy cannot produce all that people need to meet them. Because of this, the economy has financial problems. Scarcity is universal and applies to all individuals, institutions and entire economies.

Resources are scarce when compared to the demand means that the demand for the goods or services is greater than the availability of the goods or services. As such, scarcity can limit the choices available to consumers who ultimately make up the economy. Scarcity is important in understanding how goods and services are valued.

A scarcity item is one in which demand exceeds supply when the price is zero. Due to this rarity, the asset has a positive price in the market. That means consumers have to pay to get them.

To know more about resources click here:

https://brainly.com/question/28605667#

#SPJ4

When preparing financial statements, what is the correct order they should be prepared in?

Answers

The correct order to compile financial statements is balance sheet, income statement, and statement of stockholder's equity.

Financial statements are written records that outline a company's operations as well as its financial success. Government organizations, accounting firms, and other entities frequently audit financial statements to assure their accuracy and for reasons related to taxes, financing, or investment. The balance sheet, income statement, cash flow statement, and statement of changes in equity are the four basic financial statements used by for-profit organizations. Nonprofit organizations employ a comparable but distinct set of financial statements.

Financial information is used by analysts and investors to assess a company's performance and forecast the course of its stock price in the future. The company's annual report, which includes its financial statements, is among the most significant sources of trustworthy and audited financial data.

Investors, market analysts, and creditors analyze the financial statements to assess the strength of a company's finances and future profits potential. The statement of cash flows, income statement, and balance sheet are the three main financial statement reports.

Learn more about financial statements here

https://brainly.com/question/14951563

#SPJ4

which independent agency is the arbiter of broadcast decency and the independent federal agency with jurisdiction over the radio, television, phone, satellite and cable tv industries, and the internet?

Answers

The Federal Communication Commission (FCC) is the independent federal agency that has jurisdiction over the radio, television, phone, satellite, and cable TV industries, as well as the internet.

The FCC is responsible for enforcing laws related to broadcast decency, ensuring that broadcasters provide a reasonable amount of programming that serves the public interest, and promoting competition in the telecommunications industry.

Additionally, the FCC regulates the use of the electromagnetic spectrum, which is used for a variety of purposes, including television and radio broadcasting, cell phone service, and satellite communications. Overall the FCC plays a crucial role in regulating the communication industry in United States and ensures that the service provided to the public is in compliance with the laws and regulations.

To learn more about Federal Communication Commission visit: https://brainly.com/question/26073626

#SPJ4

which of the following is considered a best practice when creating a personal resume: a. using bold text as often as possible b. printing the resume on high-quality paper c. utilizing more than two different fonts d. exaggerating and embellishing your work experience

Answers

Resumes in reverse chronological order. Reverse-chronological resumes are the most popular resume genre among job seekers today, and they are also the easiest for recruiters to read.

What is a chronological example?

The rehearsal meal will be held on Friday evening. Following that, we hope that a significant number of guests will assist in cleaning up the venue for tomorrow's wedding. Explanation: The transition "afterward" emphasizes a timeline of events in these sentences.

What exactly does chronological ordering imply?

The chronological order of events is the command in which they occurred, with a first to last. This is the simplest pattern to create and follow.

To know more about chronological visit:

https://brainly.com/question/28559410

#SPJ4

computop company sells toy laptop computers for $30 each. if the variable cost for each laptop is $20 and fixed costs total $25,000, how much sales in dollars must it sell to generate a target income of $66,667?(round your intermediate answers to 1 decimal place and your final answer to a whole dollar.)

Answers

The company must sell 9,167 toy laptop computers to generate a target income of $66,667.

What is company?

A company is an entity that provides goods or services to customers and receives profits in exchange. Companies are typically owned by shareholders and managed by directors, officers, and employees. Companies may be formed through a variety of legal structures, including partnerships, corporations, and limited liability companies, and may operate in virtually any industry.

The formula to calculate sales to generate a target income is as follows:
Sales = (Target Income + Fixed Costs) / (Price – Variable Cost)

In this case, we have:

Sales = (66,667 + 25,000) / (30 – 20)
Sales = 91,667 / 10
Sales = 9,166.7

Thus, the company must sell 9,167 toy laptop computers to generate a target income of $66,667.

To learn more about company
https://brainly.com/question/2581898
#SPJ4

The company has to sell 9,167 toy laptop computers in order to reach its $66,667 income goal.

What is business?

A business is an organization that sells products or services to clients for a profit. Typically, shareholders own companies, and directors, officials, and employees are responsible for running them. Firms can be established using a range of legal forms, such as partnerships, corporations, and limited liability companies, and they can work in almost any sector.

The formula to calculate the sales to generate the target income is:

Thus Sales = (Target Income + Fixed Costs) / (Price – Variable Cost)

In this case, we have:

So Sales = (66,667 + 25,000) / (30 – 20)

Sales = 91,667 / 10

Sales = 9,166.7

Hence, the company must sell 9,167 toy laptop computers to the generation of a target income of $66,667.

To learn more about business, visit:

https://brainly.com/question/15826604

#SPJ4

in a lean organization workers are treated as assets. what does this mean in a lean organization? (select all the examples that apply.) multiple select question. workers are each given a dollar value for cost accounting purposes. workers are given authority to make decisions that effect their work. workers are well-trained in lean philosophy and methods.

Answers

This mean in a lean organization that b) workers are given authority to make decisions that effect their work and c) workers are well-trained in lean philosophy and methods .

A lean organizational structure is one that is intended to provide more value to customers while utilizing fewer resources than a typical organizational structure.

The goal for all members of a lean structure organization is to constantly look for ways to improve the organization's processes and make it more efficient. Jim has a significant number of job classifications in his traditionally structured organization.

Jim's employees are often focused on their own tasks and do not examine how their work affects the overall operation of the organization. They also have little interaction with anyone outside of their department. Slim's lean organization organizes its employees using only a few job classifications.

Members of his organization are more broadly competent and adaptable, and they are empowered to look for and address problems as they arise in the business's day-to-day operations.

Slim's employees operate in self-managed work teams rather than functional departments. Members of Slim's organization work in teams to constantly enhance their work procedures and remove waste.

To know more about organization:

https://brainly.com/question/17225377

#SPJ4

an independent contractor:

Answers

An independent contractor makes estimated tax payments. As a contractor, There are general rules are there. The payer has the right to control or direct only the result of the work

What is tax?

A tax is a compulsory commercial enterprise charge or some other type of levy inflicted on a taxpayer (an individual or legal entity) by a polity organization in order to fund government spending and various public expenditures (regional, local, or national) Taxes consist of direct or indirect taxes and may be paid off in money or as its labor knowledge.

As a result, The independent contractor. The payer has the right to control or direct only the result of the work and not what will be done and how it will be done. If you are an independent contractor, then you are self-employed

Therefore, As a contractor, Makes estimated tax payments.

Learn more about tax here:

https://brainly.com/question/16423331

#SPJ1

a famous trademark may be diluted only by the unauthorized use of an identical mark.T/F

Answers

The claim that only the unauthorized use of an identical mark can harm a well-known trademark's reputation is FALSE.

What is a trademark?

Any word, phrase, symbol, design, or combination of these that distinguishes your products or services from others is considered a trademark.

Customers utilize it to distinguish you from your competitors in the market and recognize you.

Both trademarks and service marks are included under the umbrella term "trademark."

Unauthorized usage and legal use of a similar mark can dilute a well-known trademark.

Copyrights generally safeguard the rights of persons who create artistic, musical, dramatic, and other types of literary works (like history tests, and software code).

Trademarks provide protection for the use of a company's name, product names, brand identification (such as logos), and catchphrases.

Therefore, the given statement "only the unauthorized use of an identical mark can damage the reputation of a well-known trademark" is FALSE.

Know more about a trademark here:

https://brainly.com/question/11957410

#SPJ4

a marketer is keeping track of the revenue generated by his campaign. he wants to see a specified return-on-investment for his monthly ad spend. which type of automated bidding strategy will meet his needs?

Answers

The best automated bidding strategy that will meet the needs of a marketing manager is to target the ROAS (return on ad spend). This automated bidding strategy is designed to help the marketers in achieve a specific Return on Investment (ROI) goal.

It works by automatically adjusting bids so that ad spend is optimized to achieve the desired ROAS. Target return on ad spend (ROAS) will increase bids for ads that perform well and decrease bids for ads that aren't performing as expected. This bidding strategy helps marketers track the revenue generated by their campaigns and ensure the desired ROI is achieved.

To know more about bidding strategy click here

https://brainly.com/question/30207057

#SPJ4

which statement best describes why partnership between the public and private sectors is essential during domestic operations?

Answers

The great majority of the country's critical infrastructure is owned and operated by the private sector, therefore public-private partnerships that encourage integrated, collaborative involvement and interaction are crucial to preserving the security and resilience of critical infrastructure.

What is critical infrastructure?

The term "critical infrastructure" refers to physical and cyber systems and assets that are so essential to the US that their failure or destruction would severely compromise our national security, whether it be in terms of our physical or economic well-being, public health, or safety. Governments use the phrase "critical infrastructure" to refer to the physical assets that are necessary for a society's and an economy's smooth operation. The extensive network of roadways, linking bridges and tunnels, railways, utilities, and buildings required to maintain everyday life as usual is considered critical infrastructure. These essential systems are necessary for energy, clean water, transportation, and business.

To learn more about critical infrastructure click,

https://brainly.com/question/30001578

#SPJ4

the merging of national markets that have historically been distinct and separate is the process of multiple choice containerization. international busines globalization. foreign direct investment. industrialization.

Answers

“The globalization of markets refers to the merging of historically distinct and separate national markets into one huge global marketplace”

Why is globalization important in people's lives today?

Globalisation has defined almost every aspect of our society’s growth over the past 100 years. We’ve got globalisation to thank for the availability of everyday items like avocados (cultural globalisation), annual events like Black Friday (globalisation of traditions), and even international cinema on Netflix (digital globalisation) – but what is globalisation? How does it impact our lives, and why is it so important? We explore all of these questions and more, covering everything from the history of globalisation to the anti-globalisation movement. By the end of this article, you’ll know exactly how globalisation is influencing the world around us and why learning about globalisation is vital for anyone engaging with the modern world of business, culture, finance, politics, and economics.

Know more about the historically visit:

https://brainly.com/question/28548492

#SPJ4

if 3,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:

Answers

If 3,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to: $11,750. The costs directly associated with creating the product are known as manufacturing costs.

The expenses incurred during the creation of a product are known as manufacturing costs. Direct material, direct labour, and manufacturing overhead expenditures are included in these expenses. Normally, the costs are shown as distinct line items in the revenue statement. Cost of production refers to all expenses a company incurs when producing a good or providing a service. Along with labour costs, manufacturing costs often include supplies and raw materials used during production. Direct materials, direct labour, and overhead are the three main types of expenditures that are accounted for during the manufacturing process.

learn more about manufacturing cost here:

https://brainly.com/question/15735176

#SPJ4

5. (04.02 LC) Jessica and Nancy are members of different video game libraries. Jessica pays a membership fee of $40, and she pays $5 for every video game she rents. The following function shows the total amount of money, y, in dollars, that Nancy pays for renting x number of video games: y

Answers

based on the provided $5 and (04.02 LC) Members of distinct video game libraries include Jessica and Nancy. Jessica pays a $40 monthly fee in addition to $5 every video game rented.

Singular or plural, is pay?

Pay is a countable or uncountable noun. The plural form, pay, will also be used in increasingly widespread settings. However, the utilizing can also be ends up paying in more particular circumstances, as as when referring to a variety of payments or a collections of pays.

Setting x to zero in the formula for y will reveal the membership cost that Barney pays:

y = 3x + 30

If x = 0, then y = 3(0) + 30 = 30

Therefore, the membership fee that Barney pays is $30.

Subtracting this from the membership fee that Dan pays, we find that Dan pays $35 - $30 = $5 more for a membership fee.

Thus, The correct answer is therefore (b) $5.

To learn more about equations,

To know more about pays visit:

https://brainly.com/question/14690804

#SPJ4

suppose the market basket consists of 10x, 20y, and 30z. current-year prices are $1.00 for each unit of x, $0.96 for each unit of y, and $1.13 for each unit of z. base-year prices are $1.00 for each unit of x, y, and z. what is the approximate cpi in the current year?

Answers

CPI (Consumer Price Index) in the current year is $117. so the correct answer is $117.

Consumer Price Index: What is it?

A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price. The measured CPI fluctuates to reflect changes in prices over time.

According to the scenario, the given data are as follows:

Current year prices of X = $1.20, Y =$0.96  and Z= $1.30

So, Current market basket cost = 10 × $1.20 = $12

= 20 × $0.96 = $19.2

= 30 × $1.30 = $39

Base year price of X, Y and Z = $1.00

So, base market basket cost = $10 , $20 and $30.

Now we can calculate the CPI in the current year by using following formula:

CPI = Sum of Current year basket cost ×100 / Sum of Base year basket cost

= ( 12 + 19.2 + 39) × 100 / ( 10 + 20 + 30 )

= 7020 / 60

= $117

Hence, the approximate CPI of current year is 117.

To know more about Consumer Price Index visit:

https://brainly.com/question/4513076

#SPJ4

CPI (Consumer Price Index) in the current year is $117. so the correct answer is $117.

Consumer Price Index: What is it?

A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price. The measured CPI fluctuates to reflect changes in prices over time.

According to the scenario, the given data are as follows:

Current year prices of X = $1.20, Y =$0.96  and Z= $1.30

So, Current market basket cost = 10 × $1.20 = $12

= 20 × $0.96 = $19.2

= 30 × $1.30 = $39

Base year price of X, Y and Z = $1.00

So, base market basket cost = $10 , $20 and $30.

Now we can calculate the CPI in the current year by using following formula:

CPI = Sum of Current year basket cost ×100 / Sum of Base year basket cost

= ( 12 + 19.2 + 39) × 100 / ( 10 + 20 + 30 )

= 7020 / 60

= $117

Hence, the approximate CPI of current year is 117.

To know more about Consumer Price Index visit:

brainly.com/question/4513076

#SPJ4

question stem wahn buys a car for on kia finance with a simple interest of . after one month he pays off the kia finance using his secured line of credit which charges him 4 4 simple interest he pays off the line of credit in 11 months. how much did he pay in total?

Answers

You have three payment options: cash, leasing, and financing. What does financing a car mean. When you obtain a loan from the a bank or credit union, you are financing a car.

What does the term interest mean?

The fee your pay to borrow the money or the fee you pay to lend money is called interest. Interest is frequently calculated as an average percentage of the amount borrowed. The interest on the loan is known as this percentage.

Which 4 interest categories are there?

Term deposit, variable interested, the annual percentage rate prime rate of interest, discounted lending rate, simple desire to engage, and interest payments are the most common types of interest.

To know more about interest visit:

brainly.com/question/29480777

#SPJ4

what is the advantage of having special amount columns in a journal?

Answers

By not having to write an account title in the Account Title column, special amount columns save time.

What are special amount columns used for?They are employed for transactions that happen regularly. For instance, a debit to Pay. Cr. is applied to every transaction made on account. As a result, it is not necessary to write the general ledger account titles for each entry, saving time and minimizing errors. Because there is no need to write an account title in the Account Title column when using specific amount columns, time is saved. Particular transactions, such cash receipts or sales, are handled by special journals. The amount of time needed to record transactions and upload them to the ledgers is greatly decreased when special journals are used. Accounts receivable and sales credit columns are often included, but businesses who regularly get cash from other, particular sources utilize additional columns to record those types of cash receipts.

To learn more about journal refer to:

https://brainly.com/question/28390337

#SPJ4

Read the passage about nelson’s car insurance. what is the $75 payment nelson must make each month? premium co-payment deductible payout

Answers

Nelson is required to pay $75 per month, which is referred to as the Premium.

What is Insurance Premium?The cost of an insurance contract, or insurance premium, is what is meant by this term. The insurance premium only serves as the insurance firm in question's source of income.Now, the premium payment amounts for various insurance policies typically vary based on a variety of circumstances. The premium, however, will increase in direct proportion to the level of risk covered by the insurance policy.Nelson is required to pay $75 per month, which is referred to as the Premium. In the insurance sector, gross premiums written is the total of direct and assumed premiums written, before ceded reinsurance is subtracted. All premiums paid for policies issued by the company's insurance subsidiaries during the year are included in direct premiums written.

To learn more about  Insurance Premium refer to:

https://brainly.com/question/27870491

#SPJ4

Answer: PREMIUM

Explanation:aasdfasdfasdfasdf

investor ima has a replacement reserve of $100,000 in her operating budget. during one tax year, ima spends $8,000 from the reserve fund on replacing some heaters. can she subtract the $8,000 from her taxable income for the year?

Answers

yes, replacement expenses actually paid during the tax year can be deducted. her taxable income for the year.

What is tax?

A tax is a compulsory commercial enterprise charge or some other type of levy inflicted on a taxpayer (an individual or legal entity) by a polity organization in order to fund government spending and various public expenditures (regional, local, or national) Taxes consist of direct or indirect taxes and may be paid off in money or as its labor knowledge.

As a term,  Replacement expenses actually paid during the tax year can be deducted including several categories like medical expenses, mortgage interest, and charitable donations. Other common itemized deductions include state income taxes, local income taxes, personal property taxes, and disaster losses.

Therefore, By the replacement reserve, Expenses actually paid during the tax. income for the year

Learn more about tax here:

https://brainly.com/question/16423331

#SPJ1

Which of the following is NOT a type of compensation? Multiple Choice a. base pay b. promotions c. Incentives d. benefits

Answers

The concept here is Compensation, it refers to the monetary payment given to an individual in exchange for their services. The answer is option B, promotion.

Financial compensation refers to the provision of money or other items of economic value to a person in exchange for their property, labor, or the cost of an injury. In the workplace, pay is what employees earn.

Compensation includes traditional compensation such as an hourly rate or an annual salary. It also includes the value of all benefits such as insurance, student grants, and bonuses.

Compensation Management's goal is to attract, engage and retain the best talent through competitive compensation plans in line with the company's budget, the relevant labor market, and government regulations.

Promotion refers to a variety of actions to advertise or promote an item. In the case of a career, promotion refers to an increase in an employee's rank or position in a reporting structure.

To know more about Compensation,

brainly.com/question/29326364

#SPJ4

in 10 years, you expect cash flow (i.e., noi - net operating income) of a property to be $100,000. you expect cash flow to grow by 3 percent annually. you believe a 10 percent annual return is appropriate based on your forecast of the riskiness in 10 years. what is the value of this property in 10 years?

Answers

Based on a terminating capitalization rate, the anticipated sale price is $1283152.

What are the uses of cash?

Cash is essential for the involvement of socially vulnerable populations, such as the elderly or reduced groups, because it offers payment and savings choices for those with little or no access to online money.It helps in tracking your expenses.

The profitability of real estate investments is estimated using the Asset (net operating income).

A property's first year NOI is $100,000, and it is anticipated to increase by 2% (0.02) annually before being sold in the ten years following (n = 10 years).

r = 100% + 2% = 102% = 1.02

After ten years, the NOI = first year NOI × = $100000 × (1.02)¹⁰ = $121899.442

The terminal capitalization rate is 9.5%. Therefore the expected sale price based on a terminal capitalization rate = $121899.442 / 9.5% = $121899.442 / 0.095 = $1283152

Based on a terminating capitalization rate, the anticipated sale price is $1283152.

To know more about cash visit:

https://brainly.com/question/10714011

#SPJ4

You anticipate a 3% annual increase in cash flow. This property will be worth $1283152 in ten years.

Describe cash flow.

The net amount of money coming into and going out from under a corporation at a particular period is referred to as cash flow. A firm constantly receives and expends cash. For instance, when a retail buys merchandise, money leaves the company and goes to its suppliers.

Why does cash flow decrease?

The cash flow statement shows both gains and losses in the current assets and liabilities. A use of cash diminishes expected cash from operations as do increases in assets or changes in debt from one year to the next.

first year NOI = $100,000

n = 10 years

r = 100% + 2%

= 102%

= 1.02

NOI = first year NOI

= $100000 × (1.02)¹⁰

= $121899.442

capitalization rate = 9.5%.

terminal capitalization rate = $121899.442 / 9.5%

= $121899.442 / 0.095

= $1283152

sale price = $1283152.

To know more about cash flow visit:

https://brainly.com/question/29768594

#SPJ4

Drag and drop to identify the factors contributing to South Asia's high poverty rates. Each phrase may be used once or not at all. large populations low population growth rates unequal treatment of women elimination of the caste system factors contributing to South Asia's high poverty rates

Answers

Asia's growing food insecurity is a result of a number of causes, including urbanization, population increase, a decline in agricultural area, and poor policymaking , Inadequate education are the factors in poverty.

What are the Factors contributing to South Asia's high poverty rates?

Asia is the world's largest and most populous continent, and it stands out for having a rapidly expanding economy. The majority of the 766 million people living on less than $1.90 a day, or more than 40%, live on this continent, making it the second-poorest after Africa.

Extreme poverty and successful commercial operations coexist in Asia. Although not all Asian nations are impoverished, the stark disparity between the economic standing of the residents of the eastern continent in its many regions encourages research into the causes of poverty in Asia.

Population The first and the foremost reason is Asia’s huge population. Almost 60 percent of the world’s population is in Asia.Food Security Basic food prices have increased since 2000, resulting in food insecurity for the poor, who set aside a sizable portion of their income for food. Asia's growing food insecurity is a result of a number of causes, including urbanization, population increase, a decline in agricultural area, and poor policymaking.Education Inadequate education is another factor in poverty. Approximately one-third of primary school kids in South and West Asia lack the fundamental literacy and numeracy abilities required for further education, and approximately 30% of adults in these regions are illiterate, according to UNESCO.Health  Another cause is undernourishment in both women and children. Asia is home to about 69 percent of children who suffer from acute malnutrition, which results in low weight and stunted growth.Administration 60 percent of Asian nations scored below 50 on the 2015 corruption perception index, suggesting a major corruption issue. Poor leadership and administrative corruption limit access to financial resources to the fortunate few, causing the majority of people to live in poverty.Natural Disasters The main industries in Asian nations are agriculture, forestry, and tourism, all of which are susceptible to natural calamities. The Asia-Pacific area experienced half of the world's natural disasters in 2015, including earthquakes, droughts, wildfires, storms, extremely high temperatures, and floods, which resulted in huge economic losses.Global Recession A significant portion of Asian employees or labourers employed in America or Western Europe have lost their jobs as a result of the global economic downturn, which has a detrimental impact on their families' financial situation.Social Discrimination In some countries of South Asia, caste discrimination is prominent in different levels of the society. This prohibits equal opportunities among the mass population, making certain sections of the population poorer than others.

To know more about Factors contributing to South Asia's high poverty rates refer to:

https://brainly.com/question/12024789

#SPJ4

f there are 56 million unemployed and 200 million employed people in Country N, what is the labor force participation rate of Country's total adult working-age population is 389 million people

Answers

65.8% is the labor force participation rate if Country N's total adult working-age population is 389 million people.

Why is labor force is important?

The labor force participation rate is the percentage of private, unorganized population aged 16 and over who are either working or actively looking for work. It is important labor market measure because it represents the relative amount of labor resources available for the production of goods and services.

Who included in labor force?

The labor force is made up of employed and the unemployed. A person who has no remaining job and is not looking for a job is counted as inactive. Many people without paid employment are in school or retired. Family obligations keep others out of work

To know more about Labor Force visit here:

https://brainly.com/question/28345095

#SPJ4

Other Questions
claim: the tea set is the most historically significant artifact because it represents the influence of the chinese culture on western society. reason: tea sets became a staple in homes throughout england. which statement provides the most effective evidence for the claim and reason? Find the value of x. Write your answer as a decimal.Previous12345676471256803723456781832578923456107811132 24587011236 64578131415..NextH6 cm3 cm7 cm(4x+17) cm& CheckQ: Solution please solve this I'll mark brainliest who is meant to complete the resale certificate for property subject to mandatory membership in a property owners' association? Joey is making accessories for the soccer team. He uses 876.52 inches of fabric on headbands for 31 players and 3 coaches. He also uses 288.61 inches of fabric on wristbands for just the players. How much fabric was used on a headband and wristband for each player? according to the u.s. center for safe sport minor athelete abuse prevention policies when an adult and minor athelete are interacting one on tone, the situation should be What is an example of a method health communicators use to design programs to suit specific circumstances? 5 out of 7 students in my class are car riders, the rest are bus riders. If 12 students in my class are bus riders, how students are there IN ALL? 9, 7, 21, 4 The Ransom of Red Chief By O' Henry: Study QuestionsAre Bill and Sam bad men? Why or why not? Hernan cortez wanted to reach the aztec empire with his army to? provided are satellite photos from two different years of the same beach. the point of sand, indicated with an arrow, has shifted due to wave action. if similar rates of erosion and deposition occur, where would be the logical place to expect the point of sand to be located by 2015? Question 6 of 10 The following paragraphs are from a personal essay. They have been placed In an incorrect order. Which is the correct order? l: I learned the lesson again at a crowded movie theater that served tasty burritos in the lobby. I was in the mood for the spicy salsa, and when the cashier asked me if I wanted hot, medium, or mild, I got carried away and yelled at the top of my lungs, "Fire! Give me fire! Fire! Fire!" The next thing I knew there was a stampede of moviegoers rushing to the exits. This proved to me that there is a time and place to yell "fire, and three minutes before showtime at a crowded movie house was neither. II. Sending summer sandals to my friends in Wyoming for Christmas, wearing animal hides during hunting season, and yelling "fire" at a movie house weren't very good ideas. I've since learned to try to consider the context of my actions before I act III. I heard the shot echo through the forest. I looked left and right to see who was shooting, from where, and at what. I knew that one step in the wrong direction could put me either in the hospital or in my grave, and I promised myself right then that I'd never again go out for a nature walk during deer-hunting season while wearing ceremonial animal hides. And that was how I learned that there is a time and place for everything. A. lll, ll, l B. lll, l, ll C. l, ll, lll D. ll, l, lll The map below shows the percentage of the population in European countries that can functionally use the English language. Use the map below to answer the following question:Public Domain Which of the following inferences can be drawn from this map The volume of a rectangular prism with sides 3 ft, 4 ft, and h ft must be at least 36 cubic ft. write and solve an inequality that represents the value of h. please help give brainliest for best answer!!!! its due in 20 minutes use the form of inequality; answer ex. 180x Let u and v be two vectors in space with u =2i-j-2k and |v|| = 12. If u and v are parallel, then find the vector v. ethics is the set of moral principles or values that defines right and wrong for a person or group. true false Find the outputs a and b needed to satisfy the consumer and interindustry demands given in the following figure. See Exercise 24: List And describe 2 to 3 advantages the European explorers had over the native populations Financial benefit realized when the amount of revenue gained from a business activity exceeds its expenses. which was a cause of world war i? question 13 options: russia's race to industrialize the second industrial revolution europe's system of military alliances the invention of the airplane