If the government succeeds in decreasing the income inequality, then the gini coefficient will decrease.
What is Gini coefficient?
The Gini coefficient is a measure of statistical dispersion that is used to measure the inequality of a distribution. It is most commonly used to measure wealth distribution or income inequality, but can also be used to measure the inequality of any distribution of data. The Gini coefficient ranges from 0 to 1, with 0 indicating perfect equality and 1 indicating perfect inequality.
Explain the term Income inequality?
Income inequality is the unequal distribution of income and wealth among individuals or groups within a society. It is a significant issue in many countries around the world, with the gap between the rich and the poor widening in many countries. Income inequality can be measured in terms of Gini coefficients, which measure the degree of inequality in a society.
Therefore, the true option is Option C.
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Which of the following statements about GDP is most accurate? A) Nominal GDP values productions using fixed prices, while real GDP values productions using current prices
B) Nominal GDP values productions using current prices, while real GDP values productions using fixed prices
C) Nominal GDP consistently underestimates the value of production, while real GDP consistently overestimates the value of production
D) Nominal GDP value costs using variable costs, while real GDP values costs using fixed cost
The statement that is accurate about GDP is A) Nominal GDP values productions using fixed prices, while real GDP values productions using current prices.
What Is Real GDP (Real Gross Domestic Product)?Real gross domestic product (GDP) is a measure of an economy's output of all products and services over the course of a year, adjusted for inflation. Base-year prices are used to express real GDP. It is also known as GDP in constant prices, GDP that has been adjusted for inflation, and GDP in constant dollars. Simply expressed, real GDP corrects for price fluctuations and estimates the total economic production of a nation.
Real gross domestic product (real GDP) is a measure of an economy's output of all goods and services during a particular year that has been adjusted for inflation.
Real GDP is frequently referred to as constant price, inflation-corrected, or constant dollar GDP since it is measured in base-year prices.
Therefore, option A is correct.
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E12-23. (Matching Match the items in the following right column with those in the left column: 1. An act of Congress that gives a department and/or agency authority to a Outlays obligate the federal government to make disbursements for goods and services b. Obligation c. Disbursement 2. Document sent to the Treasury ordering it to pay vendors and employeesschedule 3. Sets standards for federal government accounting d. GASB 4. Type of fund used to account for commercial-type operations of federal 5. Action by which the OMB distributes amounts appropriated by Congress Appropriation f. Revolving fund g. Apportionment agencies Payments of obligations obligation h. FASAB i. Allotment j. Trust fund _6. 7. Reserves budgetary authority from an allotment in anticipation of an 8. Federal equivalent of encumbrances used by state and local governmental k. Deferral I. Commitment units 9. Type of fund that finances Social Security payments
An act of Congress that gives a department and/or agency authority to Outlays obligate the federal government to make disbursements for goods and services.
Federalism is a system of government in which powers are divided between a central and its constituent states, provinces, etc. It is an institutional mechanism that integrates her two policy areas: one at the central or national level and one at the regional or local level.
"State" means that there is both a central government and 50 state governments. A "republic" is a form of government in which the people hold power and elect representatives to exercise that power.
These numerated powers include, among others, the power to tax, regulate commerce, enact uniform naturalization laws, establish federal courts (subordinate to the Supreme Court), establish and maintain armed forces, and declare war.
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goods and services are configurations of standard parts, subassemblies, or services that can be selected by customers from a limited set while select goods and services are made according to a fixed design
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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Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank when government spending and taxes are equal when the federal government spends more than it collects in taxes in a given time period the total accumulated amount that the government has borrowed and not yet paid back over time when the government receives more in taxes than it spends in a given time period The federal estate and gift tax O was originally created in 2011. O is paid on certain commodities, such as gasoline or tobacco. O must be paid on even small gifts. is paid on property left as an inheritance when the owner dies. Estate and gift taxes as a percentage of GDP are between 2% and 3%. less than 1% about 20% 0%, since the tax was repealed. O
A balanced budget is one in which the whole projected revenues and the total planned expenditures are equal in terms of financial planning or budgeting. The public sector (government) budgeting process is where this phrase is most frequently used.
Official government budgets are frequently referred to as having a "balanced budget." Governments might announce in a press release that their budget is balanced for the upcoming fiscal year, or politicians might vow to do so if they win power.
A balanced budget is frequently used in conjunction with the phrase "budget surplus." When revenues are more than expenses, a budget surplus is created, and the surplus amount is the sum of the two. In a business setting, a company can reinvest excess funds back into itself, for example, to cover costs associated with research and development, give them to staff as bonuses, or provide them to shareholders as dividends.
A budget surplus arises in a government setting when tax collections in a fiscal year outpace government spending. Since 1970, the US government has just four times produced a budget surplus. The incident occurred every year in a row between 1998 and 2001.
In contrast, a budget deficit occurs when spending exceed receipts. Due to the necessity of borrowing money to cover expenses, budget shortfalls always result in mounting debt. As an illustration, the national debt of the United States, which as of November 2020 totaled more than $27 trillion, is the product of decades-long budget deficits.
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it is cheaper for a cable company's customers to sign up for a package that includes cable, internet, and phone service than for them to purchase each of these services individually. this is an example of
It is cheaper for a cable company's customers to sign up for a package that includes cable, internet, and phone service than for them to purchase each of these services individually. This is an example ofis an example of product-bundle pricing.
Purchasing is the technique that includes commercial enterprise or organization makes use of to acquire items or offerings to accomplish its dreams.
Although there are several agencies that try and set requirements for the shopping procedure, methods can range substantially among businesses.
Kind of purchases :
Private Purchases.Mercantile purchasing. Business shopping.Purchasing is becoming a middle competency of the firm, locating and growing providers and bringing in expertise that is notably valued through the company. Buying is normally responsible for spending greater than 50 percent of all of the sales the firm receives as income from income.
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4. Which of the following represents operational CRM? A. Supports traditional transactional processingB. Supports day-to-day front-office operationsC. Supports operations that deal directly with the customersD.All of the above
All of the above options represents operational CRM (Customer relationship management).
CRM systems gather information from numerous different channels of communication, such as a company's website, phone, email, marketing materials, and more lately, social media. They help companies understand their target consumers better and how to best meet their demands, keeping customers and boosting sales. CRM can be applied to previous, current, or potential clients. CRM refers to the ideas, practices, and guidelines that a business uses to communicate with its clients. This comprehensive relationship includes all aspects of a company's direct interaction with customers, including activities relating to sales and services, forecasting, and the examination of consumer trends and habits. The size of the worldwide CRM market is anticipated to reach $69 billion in 2020, according to Gartner.
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kansas corporation is reviewing an investment proposal that has an initial cost of $76,500. an estimate of the investment's end-of-year book value, the yearly after-tax net cash inflows, and the yearly net income are presented in the schedule below. yearly after-tax net cash inflows include savings from the depreciation tax shield. the investment's salvage value at the end of each year is equal to book value, and there will be no salvage value at the end of the investment's life. year initial cost and book value yearly after-tax net cash inflows yearly net income 1 $ 43,000 $ 28,000 $ 10,500 2 29,000 25,500 11,500 3 18,500 23,000 12,500 4 11,500 20,500 13,500 5 0 18,000 14,500 $ 115,000 $ 62,500 kansas uses a 14% after-tax target rate of return for new investment proposals. year fv of $1 at 14% fv of an ordinary annuity at 14% pv of $1 at 14% pv of an ordinary annuity at 14% 1 1.140 1.000 0.877 0.877 2 1.300 2.140 0.769 1.647 3 1.482 3.440 0.675 2.322 4 1.689 4.921 0.592 2.914 5 1.925 6.610 0.519 3.433 6 2.195 8.536 0.456 3.889 required: a. calculate the project's payback period. (do not round intermediate calculations.) b. calculate the accounting rate of return on the initial investment. (do not round intermediate calculations. round your answer to 1 decimal place.) c. calculate the proposal's net present value. (do not round intermediate calculations. round your final answer to nearest dollar amount.)
Payback period of Project is 3 years, accounting rate of return is 16.3% and Net Present value is $4.669
Give a brief account on payback period.The duration needed to recoup an investment's cost is referred to as the payback period. Simply described, it is the period of time it takes for an investment to break even. The payback period is significant because individuals and businesses invest money primarily in order to be reimbursed. In principle, an investment gets more alluring the quicker its payback is. Anyone can benefit from calculating the payback period by dividing the initial investment by the typical cash flows.
To solve the question :
1. Calculation of payback period :
Year Annual Net After Cumulative
Tax Cash Flows Cash Flows
a b c
1 28.000 28,000
2 25.500 53,500
3 23.000 76,500
4 20,500 97,000
5 18.000 115,000
Initial Cost = 76,500
Payback period of Project = 3 years
2. Calculation of Accounting rate of return on the initial investment :
Calculation of Average Annual Net Income :
Average Annual Net Income
(62500/5) = 12,500
Calculation of Accounting rate of return based on original investment :
a. Average Annual Net Income = 12,500
b. Initial Investment = 76,500
Accounting rate of return :
(Average Annual Net Income/Initial Investment × 100)
= (12.500 / 76,500 × 100)
= 16.3%
3. Calculation of Net present value :
Year Net Cash Flows Present value of 1 at 14% Present value of
a b c = 1/1.4^a cash flows
0 -$76,500 1.000 -$76,500
1 $28.000 0.877 $24,556
2 $25,500 0.769 $19,610
3 $23,000 0.675 $15,525
4 $20,500 0.592 $12,136
5 $18,000 0.519 $9,342
Net Present Value = $4,669
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when a concentration of credit risk must be disclosed and the exact amount is uncertain, which one of the following amounts must be disclosed? minimum amount at risk. current period average amount at risk. historic average amount at risk. maximum amount at risk.
When a concentration of credit risk must be disclosed and the exact amount is uncertain, maximum amount of risk must be disclosed.
Correct answer is d)
What do you meant by concentration of credit risk ?
Concentration risk is accepted in some industries as the potential loss from being heavily reliant on a single vendor, geographic area, or investment portfolio.
Lenders have been concerned about concentration risk for years due to concerns about over-lending to a single borrower or within a single industry. The less diversified a lender's loan portfolio is, the higher the concentration risk.
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on november 1, alan company signed a 120-day, 8% note payable, with a face value of $21,600. what is the adjusting entry for the accrued interest at december 31 on the note? (use 360 days a year.)
On November 1, alan's company signed a 120-day, 8% note payable, with a face value of $21,600.
Debit Interest Expense, $288; credit Interest Payable, $288.
Interest payable (21600*0.08*60/360)
A company, abbreviated as co., is a legal entity representing an affiliation of people, whether or not natural, felony or a aggregate of each, with a selected goal. organization contributors proportion a commonplace motive and unite to attain specific, declared dreams.
A corporation is a criminal entity fashioned with the aid of a collection of individuals to engage in and perform a business—business or commercial—business enterprise. A organization can be organized in various methods for tax and financial liability functions relying on the corporate regulation of its jurisdiction.
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historical experience shows that a hospital sometimes receives malpractice claims in the year after the incidents occur. which of the following statements best expresses the general rule for reporting liabilities for such claims, if risk of loss has not been transferred to a third-party insurer? select one: a. liabilities should be recognized in the statements if it is probable that claims will be asserted for incidents occurring before the balance sheet date and the losses can be reasonably estimated. b. no mention is required to be made of these claims anywhere in the financial statements. c. the hospital should have purchased extended insurance. d. a note should be prepared discussing the likelihood that claims will be received after the balance sheet date, but no estimate needs to be made of the possibility of loss.
If it is likely that claims will be made for occurrences prior to the balance sheet date and the losses may be reasonably predicted, liabilities should be recognized in the statements. (Option C)
What does balance sheet mean?An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.
Why is the balance sheet the most crucial document?The balance sheet is crucial because it informs you and other interested parties about your financial situation. Making better management decisions can be aided by keeping this information current. It can also enhance your operating effectiveness, borrowing capacity, and overall financial stability.
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The magnitude of operating leverage for Perkins Corporation is 4.5 when sales are $100,000. If sales increase to $110,000, profits would be expected to increase by what percent?
a. 4.5%
b.14.5%
C.45%
D.10%
The profit would be expected to increase by 45%
Define operating leverage.Operating leverage is a measure of how sales growth translates into growth in operating income. It serves as a gauge for leverage and the riskiness or volatility of an organization's operating income.
The relationship between contribution margin and operating income is expressed by the financial ratio known as operating leverage. If fixed costs and variable cost per unit remain constant, it showed the rate at which operating income will change in response to a change in sales revenue.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Therefore percentage increase in profit to be expected:
Percentage increase in sales multiplied by magnitude of operating leverage
= 10% * 4.5
= 45%
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standards provide information for measuring performance. the purpose of using standards is to assess blame and responsibility. when actual results depart significantly from the standard, the reasons why should be investigated. standards are only used in managerial accounting. need help? review these concept resources.
When actual results depart significantly from the standard, the reasons why should be investigated and Standards provide information for measuring performance are the statements that are true.
By how much input should be used to create a good or deliver a service?Quantity Standards outline how much of an input must be used to produce a good or deliver a service. The amount that should be paid for each unit of the input is specified by price standards.
Should standards be used to determine who is to accountable for issues?Standards that are used to determine who is to blame for issues can engender animosity and lower morale. Standards shouldn't be used to assign responsibility for issues. A labor rate variance can be brought on by a number of variables besides the contractual wage rate given to employees.
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you are the manager of a local distributor, and your vendor has just increased your price from $1.20/unit to $1.65/unit. however, the price that you can charge your client is locked in via contract at $2.05/unit. what has happened to the margin?
To keep the budget as intended, the business must evaluate the budget and find more places where expenses can be reduced.
The first job that needs to be accomplished in order to find expenses that can be cut is budget revision. To further improve performance, budget modifications should be made. As a result, money might be redistributed throughout the budget's many operations to provide a higher output. Assume that Mazeppa is now producing 100,000 units per year. If it wants to enhance operational income by $5 for each unit included in the special order, what unit price should it charge the distributor? Calculations in the middle should not be rounded. The business won't have to turn away any of its regular customers in order to fulfil the special order at its existing operational level of 100,000 units. It just needs to produce a contribution margin per unit of if it wants to improve operational income by for each unit in the special order.
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Out of Home advertising is unique in that it is probably the only media that: A. That targets local communities B. Can evoke emotion C. That can reach a wide audience D. That has 24 hour a day 7 days a week presence. E. Has stunning visuals
It is a means of dissemination of information that is done in public places through brochures, posters, billboards, among other elements. Outdoor advertising is of utmost importance since it allows providing news information or commercial advertisements in public places.
Outdoor advertising is used in public places, this makes it possible to spread information to a specific audience.
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which type of multinational organizational structure is appropriate when local differences are large and the benefits of global integration are small?
A multinational corporation (MNC) has facilities and different property in at the least one country other than its home, Such organizations have offices and/or factories in special countries and typically have a centralised head office where they coordinate worldwide management.
Reduce the price of manufacturing, mainly the labour fee. seize the moneymaking foreign marketplace against worldwide competition. Avail the competitive advantage internationally. acquire extra performance with the aid of producing in neighborhood markets after which exporting the products.
Multinational corporation (MNC), additionally referred to as transnational organization, any organization that is registered and operates in more than one us of a at a time. normally the employer has its headquarters in a single u . s . and operates absolutely or partially owned subsidiaries in different countries.
A multinational organisation is a corporation that does enterprise in a pick out few countries round the arena and operates centers such as warehouses or distribution centres in at the least one overseas usa. although the enterprise does enterprise in different international locations, its primary consciousness is the home marketplace.
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assuming the 2012 revenue and student enrollment goals are met, what will be the average annual growth rate of tuition for 2009 to 2012?
The average annual growth rate of tuition for 2009 to 2012 would be 20% if the 2012 revenue and student enrollment goals are met.
Assuming the 2012 revenue and student enrollment goals are met, the average annual growth rate of tuition for 2009 to 2012 can be calculated using the following equation:
Average Annual Growth Rate of Tuition = ((2012 Tuition - 2009 Tuition) / 2009 Tuition) / 3. Where 3 is the number of years between 2009 and 2012.
For example, if the 2012 tuition is $20,000 and the 2009 tuition was $15,000, then the average annual growth rate of tuition for 2009 to 2012 would be calculated as follows:
Average Annual Growth Rate of Tuition = ((20,000 - 15,000) / 15,000) / 3 = 0.2 or 20%
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what are ups’s business customers looking for when committing to work with ups?
Ups’s business customers looking for when committing to work with ups is like healthcare, small business, and international market.
What is UPS Business?UPS is the world's leading parcel delivery company and a leading provider of global supply chain management solutions. We operate one of the world's largest airlines and one of the largest alternative fuel fleets under the global UPS brand. Although UPS's primary business is the worldwide delivery of packages and documents, UPS' service portfolio also includes global supply chain services and trucking.
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the minimum points of the average variable cost and average total cost curves occur where the a. average variable cost and average total cost curves intersect. b. marginal cost curve lies below the average variable cost and average total cost curves. c. marginal cost curve intersects those curves. d. slope of total cost is the smallest.
The minimum points of the average variable cost and average total cost curves occur where --- the marginal cost curve intersects those curves.
Option C is correct .
Why does the MC curve intersect the minimum points of ATC and AVC?He intersects AVC and ATC at the minimum marginal cost because the curves are equal at the lowest point. At the minimum point, ATC = MC = AVC.
If the average variable cost is the lowest, is the marginal cost the highest?When average cost is minimal, marginal cost = average cost. This is because the second marginal cost is higher than the average cost. Since the marginal cost is higher than the average cost, the average cost should also be higher.
Marginal cost curve :The marginal cost (MC) curve is defined as the change in total cost divided by the change in energy production. In a perfectly competitive market, the MC curve is the same as the firm's supply
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The owner’s equity section of a balance sheet may report different kinds of details about owner’s equity, depending on the need of the business.T/F
The owner’s equity section of a balance sheet may report different kinds of details about owner’s equity, depending on the need of the business is true.
What is an illustration of equity?After all liabilities connected to an asset have been paid off, the asset's equity remains. For instance, if you have a car worth $25,000 but owing $10,000 on it, you have $15,000 in equity in the car. It refers to the worth or stake of the most inexperienced class of asset investors.
How come it's called equity?As a result of their representation of ownership in businesses, stocks are known as equities. They allow investors to take advantage of growth but also exposing them to danger when the economy falters.
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1) What are the minimum requirements for a feature?
a) Name, benefit hypothesis and acceptance criteria
b) Acceptance criteria, data models and priority
c) Whatever the Agile Release Train determines is required
d) Benefit hypothesis, acceptance criteria and priority
Out of the choices provided above, it can be stated that the benefit hypothesis, acceptance criteria and priority are the minimum requirements for a feature. Therefore, the option D holds true.
The benefit hypothesis can be referred to or considered as the method followed in order to decide the approval of a feature in the frameworks related to the same. The benefit hypothesis is most likely complemented by the acceptance criteria and priority as a proposition of the minimum requirements of a feature.
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jim is opening an interest-accruing checking account which compounds interest monthly. the amount in the account, in dollars, after t years is shown by the following expression. which statement below best describes the exponent, 12t? a. the amount of the initial deposit b. the rate at which the account is increasing c. the number of times the account has compounded since it was opened d. the amount of the yearly earnings
The interest is compounded monthly, there are 12 compounding periods per year, and the exponent 12t represents the total number of compounding periods over t years. Thus, the correct answer is option c.
The expression given for the amount in the account is likely of the form
[tex]\displaystyle{\displaylines{A = P(1 + r/n)(nt)}}[/tex]
where,
P is the initial deposit,
r is the annual interest rate,
n is the number of times the interest is compounded per year,
t is the time in years.
The exponent 12t in the expression represents the number of times the account has compounded since it was opened.
Therefore, the correct answer is option c. The exponent 12t represents the number of times the account has compounded since it was opened.
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the breakeven point in units increases when unit costs a. remain unchanged and sales price increases. b. decrease and sales price increases. c. decrease and sales price remains unchanged. d. increase and sales price remains unchanged.
The breakeven point in units increases when unit costs d. increase and the sales price remains unchanged.
The break-even point will boom by any of the subsequent: An increase in the quantity of the company's constant costs/costs. A boom within the per unit variable charges/charges.
A low breakeven factor approach that the enterprise will begin making a profit quicker, whereas an excessive breakeven point means extra services or products that want to be sold to attain that factor.
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countrybank offers one-year loans with a stated rate of 15 percent but requires a compensating balance of 9 percent. what is the true cost of this loan to the borrower? (round your answer to 2 decimal places. (e.g., 32.16))
The true cost of this loan to the borrower country bank offers one-year loans with a stated rate of 15 percent but requires a compensating balance of 9 percent 17%.
Bank's Proposal means the Bank's offer to provide the City with a non-revolving line of credit in the form of a tax-restricted general bond issue and to accept the Notes pursuant to the terms contained in the Bank's Proposal.
Banks are licensed financial institutions that accept checks and deposits and make loans. Banks also offer related services such as Individual Retirement Accounts (IRAs), Certificates of Deposits (CDs), Currency Exchange and Safe Deposit Boxes.
The word bank is used as a noun to refer to a place where people deposit their money or a long hill or slope such as a riverbank. Bank is also used as a verb meaning to bounce off something. The word bank is very common and has several other meanings, both as a noun and as a verb.
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Civil servants were given legal protection against being fired without a show of cause in order to O conform to the Supreme Court's decision in Immigration and Naturalization Service v. Chadha. force the bureaucracy to respond more to political pressures from parties, interest groups, and elected officials. O safeguard the bureaucracy from political interference while upgrading performance. O enhance the public's trust in bureaucracy,
Civil servants were given legal protection against being fired without a show of cause to safeguard the bureaucracy from political interference while upgrading performance.
Who are civil servants?A civil servant, also known as a public servant, is a person who works in the public sector for a government department or agency. Civil servants work for the federal and state governments and report to the government rather than a political party.
Prior to the Civil Service Act of 1883, government appointments were made as part of the spoils system to political supporters. In order to rid bureaucracy of political interference while improving performance, civil servants were given legal protection against being fired without cause.
Therefore, to safeguard the bureaucracy from political interference while upgrading performance Civil servants were given legal protection against being fired without a show of cause .
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in negligence cases, courts generally hold that a business _____________________.
In negligence cases, courts generally hold that a business owes a duty of care to protect their customers against foreseeable risks about which the owner knew or reasonably should have known.
In negligence cases, courts generally hold that a business owes a duty of care to protect their customers against foreseeable risks about which the owner knew or reasonably should have known. This means that a business must take reasonable steps to protect its customers from any foreseeable risks that could cause injury or harm.
The business must also act in a way that a reasonable person would act in similar circumstances. If the business fails to do so, it may be held liable for any resulting harm.
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dependence on world markets is the reason for which of the following? multiple choice question. supply stability in u.s. agriculture demand stability in u.s. agriculture demand volatility in u.s. agriculture price ceilings in u.s. agriculture
The following agriculture demands stability in u.s. Option B.
Market globalization brings about increased interdependence between markets. global economy multi-nationality of procurement manufacturing trade and investment activities increasingly cross borders. increased competition between deals and financing;
Globalization lowers manufacturing costs. This means that businesses can offer consumers lower prices. The average cost of goods is an important aspect that helps improve living standards. It also gives consumers access to a wider variety of products. The main motive of multinational corporations is to provide financial support to their own governments. The main motive is profit for foreign countries.
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10)goodwill is:10)a)only recorded by the seller of a business.b)amortized over the greater of its estimated life or 40 years.c)the excess of the fair value of a business over the fair value of all net identifiable assets.d)none of these answer choices are correct.
The Answer is C. The excess of the fair value of a business over the fair value of all net identifiable assets.
Define Goodwill?
Goodwill is an intangible asset recognized that can relate to the value of the purchased company's brand reputation, employee relationships, customer service, and intellectual property, when ownership of a firm is transferred as a concern.
The portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition and the liabilities assumed during the process.
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Cigarettes can be used as a form of ________.
fiat money
fake money
barter
Cigarettes can be used as a form of barter.
What is bartering?When parties to a transaction directly exchange one good or service for another without using a medium of exchange like money, this is known as bartering. Cigarrates can be count as barter method.
A barter is an exchange of goods or services between two or more persons that does not include the exchange of money or other forms of payment, such as credit cards. Bartering entails the exchange of one party's good or service for another party's good or service in its most basic form.
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Which of the following is a valid defense in a strict products liability case?
A. comparative negligence
B. contributory negligence
C. assumption of risk
D. consent.
C. Assumption of risk
The following which is a valid defense in a strict product liability case is the Assumption of risk. If you need a valid defense in a product liability, then use the assumption of risk.
Product liability is an area of law that regulates the responsibility of manufacturers, distributors, suppliers or sellers of a product that is sold to the public for losses that can be caused by these products. While the word "product" can have broad connotations, in the field of law it is usually restricted to private property.
Most countries usually regulate this through legislation, for example by creating specific product liability laws, adding related provisions in civil law, or providing for them in consumer protection laws. The United States and the European Union are considered the two countries with advanced product liability laws, so most systems in other countries are modeled on one or the other.
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paulson company issues 7%, four-year bonds, on january 1 of this year, with a par value of $104,000 and semiannual interest payments. semiannual period-end unamortized discount carrying value (0) january 1, issuance $ 6,813 $ 97,187 (1) june 30, first payment 5,961 98,039 (2) december 31, second payment 5,109 98,891 use the above straight-line bond amortization table and prepare journal entries for the following. (a) the issuance of bonds on january 1. (b) the first interest payment on june 30. (c) the second interest payment on december 31.
(0) January 1, issuance $13,466 $ 186,534
(1) June 30, first payment 11,782 188,218
(2) December 31, second payment 10,098 189,902
In finance, a bond is a type of protection below which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending at the phrases – to pay off the essential (i.e. quantity borrowed) of the bond on the maturity date as well as hobby (called the coupon) over a special quantity of time. The hobby is generally payable at constant durations: semiannual, annual, and less often at different periods. as a consequence, a bond is a form of loan or IOU. Bonds offer the borrower with outside price range to finance long-time period investments or, within the case of government bonds, to finance contemporary expenditure.
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