A regular and consistent check on employee performance helps HR measure and evaluate employees' efficiency in meeting responsibilities and accomplishing targets.
What is the meaning of employee performance?The way a worker performs their job responsibilities and completes necessary tasks is referred to as their "employee performance." It speaks to the usefulness, excellence, and efficacy of their output. Performance is a factor in how valuable we consider each person to be to the company.
The goals and objectives of management are made obvious to personnel through employee performance evaluation. They discover that their efforts are evaluated and appreciated. For the benefit of the company as a whole as well as them, it's critical to maintain high performance.
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Which among the following processes is most important part of product development?
One of the most important stages of product development is idea generation, which comprises brainstorming solutions to problems that already exist among customers.
What is product development?Product development is a challenging yet interesting process. There is never a repeat process for a product introduction, from the first idea to the research and development. To assist you get started with the product development process, there is a common procedure. The six steps that must be completed for a product to get from initial concept to final market launch are outlined in the product development process. Finding a market need, studying the competition, coming up with ideas for a solution, creating a product roadmap, and creating a minimal viable product are all part of this (MVP). The product development process has changed recently and is now often employed, with each step being broken down into six different phases. As a result, the process is better organized, and each deliverable is divided into smaller jobs.
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price competition occurs when a seller emphasizes the
Price competition highlights the primary product difference as price. Prices regularly change, and merchants aggressively compete for customers' business.
What is the Price Competition?Price competition is "commercial rivalry characterized by persistently lowering prices below those of rivals." When one rival lowers its price, others follow suit and do the same. A new round of price cuts will begin if any of them lowers their prices once more.
Price competition refers to the scenario in which businesses attempt to undercut the cost of comparable goods and services offered by rival businesses: Margin reductions are the outcome of fierce price rivalry in mind as well as large-sized markets.
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Prepare an income statement for September. SARASOTA VETERINARY CLINIC Income Statement SHOW LIST OF ACCOUNTS LINK TO TEXT BIBI Stem Antincements CAIGULATOR Prepare a tabular analysis the September transactions beginning with August 31 balances. (W/ transaction cames decrease in de or Stockholders Equity place a negative sign PRINTER VERSION BACK NEXT (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced.) SARASOTA VETERINARY CLINIC Assets Labilities Stockholders. Equity Accounts Notes Cash Accounts Common Receivable Supplies Retained Equipment Payable Payable Stock Earnings Revenues Expenses Dividends BAL 11,000 3,700 600 6,000 5600 14950 750 1. (2,400) (2,400) 2. 2250 (2250) + 3. (750) 1.550 800 4. 3500 4850 8350 5. (2,400) (2,400) 6 (1750) (1750) (1,200) (1,200) (150) (150) 2. (330) 13,500 13500 21,600 6300 600 7550 13500 4330 14950 750 8350 (3,430) (2.400) SHOW LIST OF ACCOUNTS LINK TO TEXT MacBook Air Problem 3-6 (Part Level Submission) On August 31, the balance sheet of Sarasota Veterinary Clinic showed Cash $11,000, Accounts Receivable $3,700, Supplies $600, Equipment $6,000, Accounts Payable $5,600, Common Stock $14,950, and Retained Earnings $750. During September, the following transactions occurred. 1. Pald $2,400 cash for accounts payable due. 2. Collected $2,250 of accounts receivable. 3 Purchased additional equipment for $1,550, paying $750 in cash and the balance on account. Performed services worth $8,350, of which $3,500 is collected in cash and the balance is due in October 5. Dedared and paid a $2,400 cash dividend. Poid stories $1,750, vent for September $1,200, and advertising expense $150. 7. Incurred utilities expense for month on account $330. 8. Received $13,500 from Capital Bank on a 6-month note payable Your answer is correct. Prepare a tabular analysis of the September transactions beginning with August 31 balances. (a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
$3270 is the closing amount the solution of the image is attached.
What is income statement?An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss (P&L) statement. It displays your sales revenue for goods and services. expenses for running your firm and generating money.
An income statement's function is to tell readers, creditors, and investors about the company's financial performance during the fiscal year. The income statement is a record of the company's profit and loss for the entire fiscal year in the context of corporate finance.
Thus, $3270
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when mel's mattress company struggles financially, mel decides to sell his accounts receivable to a finance company, known as a factor, which pays him $60,000 for receivables with a total face value of $100,000. in this instance, how does the factor earn a profit?
When Mel's mattress company struggles financially, Mel decides to sell his accounts receivable to a finance company, known as a factor, pays him $60,000 for receivables with a total face value of $100,000.
Briefing:-in this instance, does the factor earn a profit The factor profits if it can collect more than what it paid for the accounts.
Whenever Mel's Mattress Company faces financial difficulties?Mel decides to sell his accounts receivable to a finance company known as a factor when Mel's Mattress Company experiences financial difficulties. The factor offers him $60,000 for receivables with a total face value of $100,000.
Which of the following statements most accurately sums up how the financial institution will earn from these accounts receivable?If the factor is able to recoup the cost of the accounts, it makes a profit.
Which of the following is money that credit customers owe a company?The funds or credits that your clients and customers owe to your business are included in your accounts receivable. Given that you are making money rather than losing it, it is seen as an asset rather than a burden.
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What do you call the process of making a new product to be sold to the customers?
The process of launching new goods or services on the market is known as commercialization.
Briefing:-Production, distribution, marketing, sales, customer support, and other crucial tasks essential to the commercial success of the new good or service are included in the broader act of commercialization.
What do you refer to the creation of a new product as?You should say "product development." Explanation: Making a new product to sell to clients is done through the new product development process.
What is the procedure for developing new goods or services that businesses can sell?The stages of the product development process are ideation, research, planning, prototype, sourcing, costing, and commercialization, albeit they vary depending on the industry. Bring your own product concept to market using the development framework listed below.
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A new iPod costs $175 on the installment plan. You must make a down payment of $25 and make payments for 15 months. What will your monthly payment be?
If A new iPod costs $175 on the installment plan. You must make a down payment of $25 and make payments for 15 months. your monthly payment is $10.
How to find the monthly payment?First step is to find the down payment
Down payment = Cost price - down payment
Down payment = $175 - $25
Down payment = $150
Second step is to find the monthly payment
Monthly payment = $150/ 15 months
Monthly payment = $10
Therefore the monthly payment is $10.
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GDP does NOT account for which of the following?
A) The value added by all firms in the economy
B) The depletion of natural resources
C) Wages, rent, profit, and interest payments
D) The value of final goods and services produced domestically
E) Imports from foreign countries
GDP does not account for The value of final goods and services produced domestically. Hence, option D is correct.
What is GDP?The gross domestic product is the total monetary worth of all finished products and services produced in a nation at a specific time. Depending on the time frame the nation adopts as its accounting period,
the G. D. P. of a nation can be determined either annually or quarterly. G. D. P. is crucial to a nation because it acts as a mirror of the economy, allowing for the calculation of the economy's size and growth rate. G. D. P. can be estimated using the nation's production, revenue, or expenditures. It is manipulable when inflation is occurring.
Thus, option D is correct.
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which nims management characteristic follows established processes for gathering analyzing assessing
Sports activities and other organized events can be accommodated using NIMS Components. 33. EOCs can be permanent structures, movable structures, or virtual structures with staff members collaborating remotely.
Which of the following NIMS Management Characteristics involves written records that explain incident goals, strategies, and assignments for operations and support? Resource inventorying in NIMS refers to preparatory actions taken apart from incident reaction. Weegy: The Department of Homeland Security created the National Incident Management System (NIMS), a standardized method to incident management. (More) Interoperability across various organizations is supported by the NIMS standardized guiding concept. It has been determined that this response is accurate and valuable.
B. Intelligence and Information Data collection, analysis, assessment, sharing, and management are all done according to set procedures by management. The foundation of the national incident management system.
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Who benefited from NAFTA?
Answer:
The U.S, Canada, and Mexico
a portfolio that has 15 - 20 percent invested in stock would be indicative of a(n) portfolio. a. aggressive b. bond c. cash d. conservative e. very aggressive
d. A portfolio that has 15 - 20 percent invested in stock would be indicative of a conservative portfolio.
A conservative portfolio is one that is focused on preserving capital rather than seeking to maximize returns. A conservative portfolio typically allocates 15-20% of its assets to stocks, with the remainder allocated to more conservative investments such as bonds, cash, and other fixed-income securities.
The risk associated with stocks is seen as too great for a conservative portfolio, so it is allocated a smaller portion of the portfolio. Stocks are seen as riskier because their prices can fluctuate more significantly than the more stable investments found in a conservative portfolio.
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Is US dollar accepted worldwide?
Eleven nations, in addition to the five U.S. territories, made the dollar their official currency.
Why the U.S. dollar is accepted worldwide?The US dollar was made the world's main reserve currency under the 1944 Bretton Woods Agreement. It replaced sterling as the money with this status following the devastation of two world wars and the heavy consumption of the Union Country's gold reserves.
In addition to the euro, yen, pound, renminbi (RMB), Canadian dollar, Swiss franc, and Australian dollar, the U.S. The dollar is the most important reserve currency in the world. A national currency is one that the world's largest central banks hold in reserve. The US dollar. Additionally, several nations have adopted the U.S. Due to the dollar's great acceptance across the world, several countries have replaced their native currency with the dollar as their official one, a process known as dollarization.
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you have two hours of free time this evening and you have four alternatives. you rank them as follows: first go to a concert, second study for economics final, third go to a movie, and forth answer your e-mail. what is your opportunity cost of attending the concert? group of answer choices attending a movie studying for the final answering e-mail attending a movie and studying for midterm attending a movie and answering e-mail
Your opportunity cost for going to the concert is going to a movie.
What are some examples of opportunity cost?The amount of the next-highest-value alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home Spend the money i might have spent on another activity as during hour you would have gone watching a movie.
What is another name for opportunity cost?The second-best choice is usually referred to as opportunity cost. The alternative cost is occasionally used to describe the gain or loss that could have been made if a different choice had been selected. The lost of benefit as a consequence of a shift in choice is another way to explain it.
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An investor has an account with stock from two different companies. Last year, his stock in company a was worth $4300 and his stock in company b was worth $3040. The stock in company a has decreased 3% since last year and the stock in company b has decreased 20%. What was the total percentage decrease in the investor's stock account? round your answer to the nearest tenth (if necessary).
The decrease in stock is 10.04%.
Given that last year stock for company a was $4300
The stock for company B last year was worth $3040
Stock in company A decreased by 3%
This means the new value of stock for company A became;
(100-3)/100 *$4300
97/100*$4300
=$4171
Stock in company B decreased by 20%
This means the new value of stock for company B became;
(100-20)/100 *$3040
80/100*$3510
=$2432
Original investors stock value was = $4300+$3040 =$7340
New investors stock value is = $4171+$2432=$6603
Decrease in value of stock = $7340-$6603 =$737
percentage decrease in stock value = decrease in stock/original value of stock *100%
=737/7340 *100 =10.04%
=10.04%
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How can migrating to an enterprise platform solution help a business improve employee productivity?
by allowing all employees to access and share the same stored data faster
by increasing the number of employees in a business function
by adding complexity to each employee’s daily workload
by freeing up employee’s time to focus on core business activities
The migrating to an enterprise platform solution help a business improve employee productivity by allowing all employees to access and share the same stored data faster. Thus option (A) is correct.
What is data?The data is the processed form of raw information, more specifically it has facts, figures, measurements and amounts that is gathered for analysis or reference. So that a conclusion can be drawn in a proper way.
The data, especially facts or numbers, collected to be examined and considered and used to help decision-making, and the data can be stored in an electronic form in the database and used by a computer in the future.
Like a data governance system is effective if anyone can access the data when they need it.
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Why is it important to contact customer support of your p2p app or service if you feel you have been scammed?
It is important to contact customer support of your p2p app or service if you feel you have been scammed because they may be able to remove the scammer from the P2P app or service.
Peer-to-peer (P2P) systems are autonomous portals which would let two people speak with one another directly all without aid of a third party. Alternatively, every buyer and seller carry out their financial business through all the P2P service. The Peer to peer platform might provide services like research, vetting, rating, indemnification, and payment processing.
Regardless of the common misconception that P2P services are only available online, this is not the case anymore. Peer-to-peer programs cover a wide range of actions, from straightforward buying and selling to those that are thought to be a part of the collaborative economy.
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What are the other measures of economic performance and what do they measure?
Economic indicators include measurements of macroeconomic stability and performance, such as gross domestic product (GDP), consumption, investment, and international trade (central government budgets, prices, the money supply, and the balance of payments).
The production, distribution, and consumption of goods and services are all topics covered by the social science of economics. Economics focuses on both the functioning of economies and the actions and interactions of economic players. The study of microeconomics focuses on what are seen as the core elements of the economy, including market and agent behavior as well as the interactions that arise from those behaviors. Individual agents can represent households, businesses, buyers, and sellers, to name a few. Macroeconomics is the study of the economy as a system in which production, consumption, saving, and investment coexist. It also examines the factors that affect this system, such as the employment of labor, capital, and land resources, currency inflation, economic growth, and public policies that have an impact on these elements.
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Economic indicators include measurements of macroeconomic stability and performance, such as gross domestic product (GDP), consumption, investment, and international trade (central government budgets, prices, the money supply, and the balance of payments).
The production, distribution, and consumption of goods and services are all topics covered by the social science of economics. Economics focuses on both the functioning of economies and the actions and interactions of economic players. The study of microeconomics focuses on what are seen as the core elements of the economy, including market and agent behavior as well as the interactions that arise from those behaviors. Individual agents can represent households, businesses, buyers, and sellers, to name a few. Macroeconomics is the study of the economy as a system in which production, consumption, saving, and investment coexist. It also examines the factors that affect this system, such as the employment of labor, capital, and land resources, currency inflation, economic growth, and public policies that have an impact on these elements.
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the phenomenon of free riding is most closely associated with which type of good? a. club goods b. private goods c. public goods d. inferior goods
C) Public goods are most closely associated with the phenomenon of free riding.
What is the phenomenon known as a free rider?The burden placed on a shared resource by people who aren't paying their fair share for it or who aren't paying anything at all is known as the free rider problem. The problem of free riders can affect any community, no matter how big or small.
With public goods, why is there a problem with free riders?Due to the two characteristics of a public good, a free rider problem frequently arises with public goods: Non-rival: The good or service is still available to other people even if only one person uses it. Non-excludable: Keeping different shoppers from consuming the great or service is unimaginable.
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What it means for an organisation to be an integral part of society?
Organizations play a crucial role in society by bringing people together to work toward a common objective. It results in the distribution and wise use of resources, connecting millions of individuals to them either directly or indirectly.
In order to raise the caliber of the goods and services offered, it fosters employment possibilities and preserves competitiveness in each industry. It keeps the money moving through the market. Business is essential to modern civilization. This is due to the fact that business raises people's standards of living by offering better-quality, a wide range of goods, and services at the appropriate time and location. Additionally, company offers chances to work and support oneself.
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How can Social Security be improved?
Although this oversimplifies the situation a little, the fundamental truth contradicts the popular myth that "I paid for my own Social Security benefit.
Long-term funding issues are present for Social Security. Many young employees think the situation is so bad that they might never get a Social Security check. The reasonable answer to Social Security's funding issue is to reduce projected benefits and moderately raise payroll taxes. Raising the early qualifying age and regular retirement age for retirement pensions is a logical method to cut future payments. The significant increase in life expectancy since Social Security's inception in the 1930s serves as justification for this revision. When the average retirement age stays the same, a rise in life expectancy corresponds to a significant increase in lifetime Social Security benefits .Voters are against raising the retirement age. Unfortunately, the other proposed changes that would.
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in the discounted cash flow model (aka. dividend valuation model) for cost of equity, if an asset has no expected dividend, its expected return would be best described as the
A method of valuation known as "discounted cash flow" (DCF) establishes the value of an investment based on its anticipated future cash flows.
Uses of discounted cash flow:DCF analysis aims to assess the value of an investment today by using projections of how much money an investment will generate in the future.It can aid those who are trying to decide whether to purchase securities or a firm. Business owners and managers can use discounted cash flow analysis to help them make decisions about operational and capital budgets.The value of an investment is ascertained using discounted cash flow analysis using the investment's projected cash flows.The projected discount rate is used to calculate the present value of anticipated future cash flows.If the DCF is more than the investment's current cost, the opportunity may yield profits and be worthwhile.Because it takes into consideration the rate of return anticipated by shareholders, businesses frequently utilize the weighted average cost of capital (WACC) as the discount rate.The fact that DCF relies on potentially erroneous future cash flow projections is a drawback.To learn more about weighted average cost of capital referhttps://brainly.com/question/15301026
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What are the different types of banks?
The banks you probably know the best are retail banks. Commercial banks prioritise serving business clients. Investment banks assist companies in obtaining funding in the financial markets.
A bank is a type of financial entity that lends money while both taking deposits from the general public and generating demand deposits. The bank may engage in lending activities directly or indirectly through the capital markets. Because banks are crucial to the financial stability and economic health of a nation, they are subject to intense regulation in most countries. The majority of nations have institutionalised the fractional reserve banking system, in which banks keep liquid assets that are only partially equivalent to their current obligations. Banks are often subject to minimum capital requirements based on an international set of capital rules, the Basel Accords, in addition to additional restrictions meant to maintain liquidity.
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List and explain the characteristics of effective 360-degree feedback systems.
The 360-degree feedback method of employee evaluation gives each employee the chance to get performance feedback from four to eight peers, coworkers, reporting staff members, and, in some cases, customers.
What is 360-degree feedback and is it effective?This kind of feedback provides an overview of employee performance from various perspectives. Direct reports, managers, and peers thus offer anonymous employee feedback. 360-feedback has many advantages when used properly. These include enhancing teamwork and accountability while also lessening biases.
Ownership of the data, participant accountability, credibility, commitment, communicating expectations, and ongoing learning are crucial components of an effective 360-degree feedback process. Here, we go into great detail about these qualities.
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What is the golden rule of recycling?
Wherever possible, attempt to separate your recyclable materials by type. Single-stream recycling, adopted by roughly 80% of the U.S. cities and municipalities, is a system crippled by contamination.
Why is recycling good for the environment?Recycling reduces the amount of waste that ends up in landfills, as is well known, but it also prevents pollution from being produced when a raw material is used to create a new product, which reduces the amount of energy and natural resources that are required in production.
Why recycling is crucial is straightforward.Recycling lessens the need for obtaining raw materials through mine, quarrying, and logging, as well as their further refinement and processing, all of which result in significant air and water pollution. Recycling helps combat climate change because it cuts greenhouse gas emissions and saves electricity.
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the daily demand for a particular item at a hardware store is normally distributed, with an average of 200 and a standard deviation of 12 units. the store manager is willing to accept a 9% risk of stockout during the lead time, which is constant at 5 days. write your final answer only (without intermediate steps) for the fill-in-the-blank questions.
The shop manager's desired service level is 91%
What is Lead time?The delay between the start of a procedure and its conclusion is known as a lead time. For instance, the lead time from placing an order and receiving a new automobile from a certain manufacturer might range from 2 weeks to 6 months, based on a variety of specifics.
Lead time is the time of time from the beginning of a procedure to its completion. In the pre-processing, processed, and post-processing stages of the manufacturing, supply chain, and management processes, businesses evaluate lead times. The delay here between start of a procedure andits conclusion is known as a lead time.
The shop manager's desired service level is computed as follows:
R = Stock out risk = 9 %
SL = Service Level = 1 - R
= 100 - 9
= 91%
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which of these situations produces the largest profits for oligopolists? group of answer choices the firms reach a nash equilibrium. the firms reach the monopoly outcome. the firms reach the competitive outcome. the firms produce a quantity of output that lies between the competitive outcome and the monopoly outcome.
The situations produces the largest profits for oligopolis is the firms reach the monopoly outcome.
What is Monopoly outcome?When there is only one producer and several consumers, a monopoly is present. Monopolies are defined by a lack of feasible substitute products and a lack of economic rivalry to manufacture the good or service. As a result, the price of a good is controlled by a single producer; in other words, the producer is a price maker who may control the price level by deciding how much of a good to create. The majority of public utility firms are monopolies.For instance, it is wasteful to have multiple providers of electricity because it costs so much to install power lines. Customers have few options because there are no reliable alternatives for the distribution of electricity.To learn more about Monopoly outcome refer to:
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What are the different types of account types?
The three major different types of accounts are Personal Accounts, Real Accounts, and Nominal Accounts.
In the field of business, personal account can be described as a type of account that is made for a person's own needs.
On the other hand, a real account deals with business purposes. A real account is such a type of account that is made for businesses purposes and it is not used for any personal payments and hence is different from a personal account.
Nominal accounts are the type of accounts that represent are used for viewing the financial transactions of a particular person or business.
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What are the 4 factors that influence financial planning?
Social welfare, financial inclusion, financial literacy, and personal finance mastery are factors that have an impact on financial planning.
What four components made up the financial plan?The majority of financial management plans will divide them into four categories that are widely accepted in financial management. Planning, controlling, organizing & directing, and decision-making are these four components.
What is sound financial planning?Financial planning is an ongoing process that tries to assist people in making wise financial decisions so they can attain their life goals. With or without obstacles in the way, a financial plan typically offers a path for accomplishing your life goals in a systematic and planned manner.
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What is the purpose of having a bank account or why he she chose a certain bank?
A bank account allows you to do a variety of things, including deposit and withdraw money, pay bills electronically, send money to other people or organizations, and more.
How safe are your savings with bank accounts?Account holders can have confidence that their money is secure thanks to banks and credit unions. In fact, if you open an account in a bank or credit union, the FDIC or NCUA will protect your funds up to a maximum balance of $250,000 in the unusual event that the financial institution you're banking with fails.
You are more at risk of running into financial difficulties if you keep your money outside of bank accounts. For instance, you may not have many options if you only keep cash in secret places throughout your house and it is lost, stolen, or destroyed.
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if the federal reserve buys government bonds from the public, question 15 options: a) demand deposits will decrease. b) banking system reserves will increase, enabling banks to make additional loans. c) the money supply will contract. d) bank reserves will not change.
The bank will lend out the extra reserves and keeping some of the necessary reserves on hand. The money supply is grown when such loan is made.
Which 5 sorts of bonds are there?Bonds can be classified into five categories: corporate, municipal, agency, savings, and Treasury. Each sort of bond features its own vendors, goals, purchasers, and risk-to-return ratios. Bond-based instruments, such as bonded mutual funds, can also be purchased if you wish to profit from bonds.
A bond example is what?Savings bonds, agency bonds, municipal bonds, corporate bonds, and treasuries are some examples of bonds. Treasuries are the safest bonds, although they pay minimal interest and are typically sold at auction (which can be among the most risky, depending on the company).
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the auditors conclude that an entity's illegal act, which has a material effect on the financial statements, has not been properly accounted for or disclosed. depending on the overall materiality and pervasiveness of the effect of this illegal act on the financial statements, the auditors should express either a(n)
The auditors should express either a(n)qualified opinion or an adverse opinion .
What is meant by qualified opinion or adverse opinion ?If a company's financial statement is incorrect and additional audit of the financial statement is required, the auditor will issue an unfavourable opinion. As opposed to a qualified opinion, which is provided when a financial statement has been fairly reported but some details are lacking.
An auditor's qualified opinion states that, with the exception of a particular area, the financials are fairly reported. In contrast to a negative or disclaimer of opinion, a qualified opinion is often still acceptable to lenders, creditors, and investors.
An unfavorable opinion is a qualified assessment provided by an auditor that the financial statements of a firm are inaccurately presented, misstated, and do not fairly reflect its financial performance and health.
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