1. an employee steals cash collected from a customer's accounts receivable and hides the theft by issuing a credit memorandum indicating the customer returned the merchandise.

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Answer 1

This is an example of embezzlement, which is the act of stealing or misusing money or property that has been entrusted to one's care.

What is the credit memorandum indicating the customer returned the merchandise?

In this scenario, the employee has stolen cash that was collected from a customer's accounts receivable and has attempted to conceal the theft by issuing a credit memorandum indicating that the customer returned the merchandise. This is a fraudulent act and could lead to severe consequences for the employee, including termination, legal charges, and possible imprisonment. It is also an act that can ruin the reputation of the business and lead to a loss of customer trust. The company should take immediate action to investigate the incident and take appropriate measures to recover the stolen funds and prevent similar incidents from happening in the future.

This can include implementing internal controls, such as regular audits and monitoring systems to detect any suspicious activity.

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Complete question

An employee steals the cash collected from a customer for an account receivable and conceals this theft by issuing a credit memorandum indicating that the customer returned the merchandise. 2. A small fire destroys 3 days of cash receipts. 3. The official designated to sign checks is able to steal blank checks and issue them without fear of detection. 4. A salesclerk in serving customers often rings up a sale for less than the actual amount and then keeps the additional cash collected from the customer. 5. Three cashiers use one cash register drawer and the cash in the drawer is often short of the balance kept on hand. 6. Each cashier counts his own register drawer each day and verbally reports the results to the supervisor. Cashiers with over 5 years' experience are not bonded. Documentation Procedures and Independent Internal Verification Independent Internal Verification Segregation of Duties and Physical Controls None Physical Controls and Human Resource Controls Independent Internal Verification and Human Resource Controls Segregation of Duties and Documentation Procedures Segregation of Duties and Human Resource Controls Segregation of Duties Establishment of Responsibility Physical Controls Physical Controls and Independent Internal Verification Establishment of Responsibility and Human Resource Controls Documentation Procedures and Human Resource Controls Establishment of Responsibility and Documentation Procedures Documentation Procedures Establishment of Responsibility and Physical Controls Human Resource Controls Establishment of Responsibility and Independent Internal Verification Physical Controls and Documentation Procedures Establishment of Responsibility and Segregation of Duties Segregation of Duties and Independent Internal Verification Listed below are seven errors or problems which might occur in the processing of cash transactions. Also shown is a list of internal control principles. Evaluate each possible error and cite a principle that is listed that would reduce the probability of the error occurring. If none of the principles given will correct the problem, select "None. "If you think more than one principle is appropriate. list all principles that apply.


Related Questions

Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $10 million. The machinery can be sold to the Romulans today for $9.4 million. Klingon's current balance sheet shows net fixed assets of $8 million, current liabilities of $810,000, and net working capital of $247,000. If all the current assets were liquidated today, the company would receive $1.14 million cash.
What is the book value of Klingon's assets today? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.)
What is the market value? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.
The 2011 balance sheet of Anna's Tennis Shop, Inc., showed $550,000 in the common stock account and $4.7 million in the additional paid-in surplus account. The 2012 balance sheet showed $590,000 and $5.1 million in the same two accounts, respectively. If the company paid out $505,000 in cash dividends during 2012, what was the cash fl

Answers

The book value of Klingon's assets today is $8,577,000. The cash balance of Anna's Tennis Shop, Inc. at the end of 2012 is $64,000.

To solve for the book value of Klingon's assets today, we would need to calculate the total assets and subtract the total liabilities.

Book Value = Total Assets - Total Liabilities

From the information provided, we know that:

Net fixed assets = $8,000,000

Current liabilities = $810,000Net working capital = $247,000Cash from liquidating current assets = $1,140,000

Total Assets = Net Fixed Assets + Net Working Capital + Cash from liquidating current assets

= $8,000,000 + $247,000 + $1,140,000 = $9,387,000

Total Liabilities = Current Liabilities = $810,000

Book Value = Total Assets - Total Liabilities

= $9,387,000 - $810,000 = $8,577,000

So the book value of Klingon's assets today is $8,577,000.

To solve for the cash balance of Anna's Tennis Shop, Inc. at the end of 2012, we would need to calculate the change in equity and subtract the cash dividends paid out.

Cash Balance = Change in Equity - Cash Dividends Paid

From the information provided, we know that:

Common stock account in 2011 = $550,000Additional paid-in surplus account in 2011 = $4,700,000Common stock account in 2012 = $590,000Additional paid-in surplus account in 2012 = $5,100,000Cash dividends paid in 2012 = $505,000

Change in Equity = (Common Stock Account in 2012 + Additional Paid-in Surplus Account in 2012) - (Common Stock Account in 2011 + Additional Paid-in Surplus Account in 2011)

= ($590,000 + $5,100,000) - ($550,000 + $4,700,000) = $569,000

Cash Balance = Change in Equity - Cash Dividends Paid

= $569,000 - $505,000 = $64,000

So the cash balance of Anna's Tennis Shop, Inc. at the end of 2012 is $64,000.

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in smaller organizations, support specialists may perform some user support management tasks, such as project leader, supervisor, or user support manager.

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jobs needing administrative, technical, or clerical support for employees and requiring a thorough understanding of personnel policies.

What do first-second-and-third-level support mean?

The first line of help offers basic/common assistance; the second line of support is for more complicated activities; and the third line of support is for external services or extremely technology-specific concerns.

What do IT support levels 2 and 3 entail?

Level 1 deals with straightforward customer demands that only need minimal IT assistance, Level 2 escalates to more complex issues, and Level 3 makes use of subject matter specialists that can address the most challenging client requirements.

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a new partner can be admitted to an existing partnership in which of the following ways?investing cash in the partnershippurchasing interest from an existing partner

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Another accomplice is owned up to the firm with the common assent of the relative multitude of existing accomplices.

As indicated by the Organization Act 1932, another accomplice can be conceded into the firm just with the assent of the relative multitude of existing accomplices except if generally settled upon. With the confirmation of another accomplice, the organization firm is reconstituted and another understanding is placed into to carry on the matter of the firm.

At the point when another accomplice is conceded by buying interest from at least one of the current accomplices, the complete resources and the absolute proprietors' value of the organization is..... NOT Impacted. The capital (value) of the new accomplice is recorded by moving capital (value) from the current accomplices.

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the following information is related to marigold company for 2020. retained earnings balance, january 1, 2020 $940,800 sales revenue 24,000,000 cost of goods sold 15,360,000 interest revenue 67,200 selling and administrative expenses 4,512,000 write-off of goodwill 787,200 income taxes for 2020 1,194,240 gain on the sale of investments 105,600 loss due to flood damage 374,400 loss on the disposition of the wholesale division (net of tax) 422,400 loss on operations of the wholesale division (net of tax) 86,400 dividends declared on common stock 240,000 dividends declared on preferred stock 76,800 marigold company decided to discontinue its entire wholesale operations (considered a discontinued operation) and to retain its manufacturing operations. on september 15, marigold sold the wholesale operations to rogers company. during 2020, there were 500,000 shares of common stock outstanding all year.

Answers

Retained Earnings Balance, December 31, 2020: $2,716,120

Retained Earnings Balance, January 1, 2020: $940,800

Net Income (Loss) for 2020:

Sales Revenue: 24,000,000

Cost of Goods Sold: -15,360,000

Interest Revenue: 67,200

Selling and Administrative Expenses: -4,512,000

Write-off of Goodwill: -787,200

Income Taxes for 2020: -1,194,240

Gain on Sale of Investments: 105,600

Loss Due to Flood Damage: -374,400

Loss on Disposition of Wholesale Division: -422,400

Loss on Operations of Wholesale Division: -86,400

Total Net Income (Loss): $5,855,960

Retained Earnings Balance, December 31, 2020: $940,800 + $5,855,960 = $6,796,760

Less: Dividends Declared on Common Stock: -240,000

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in the process of planning a new subdivision in georgia, a developer might best improve the chances of local government approval by

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Working closely with the local government and community to understand their needs and concerns.

The developer should also conduct a thorough review of the area's zoning laws and regulations, to ensure that the proposed subdivision is in compliance with all local requirements.

Additionally, the developer should consider the potential impact of the proposed subdivision on the local community, including issues such as traffic, noise, and environmental impact. The developer should also engage with the community and stakeholders to understand their needs, concerns, and expectations.

The developer should also demonstrate the benefits of the proposed project to the community and the local government, such as new jobs, infrastructure improvements, and increased tax revenues. The developer should also be willing to make changes to the project as needed to address community concerns and comply with local regulations.

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manon roy is a payroll accountant who works for a private firm. the most recent professional development course was completed in 2010. which of the following ethical issues has been violated?

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Integrity and Confidentiality ethical issues has been violated when He completed his most recent professional development course in 2010.

When a choice, action, or circumstance goes against the organization's or society's ethical issues, there is an ethical problem in business. Due to the possibility that their acts would be questioned from a moral standpoint, both organisations and people may become entangled in ethical concerns. A moral conundrum that has to be handled within an organisation is what is referred to as an ethical challenge in the workplace. The five main categories of ethical concerns in the workplace include unethical accounting, harassment, health and safety, technology, privacy, social media, and discrimination. When you are faced with a decision where each option is morally repugnant in a significant sense, these situations are referred to be ethical dilemmas.

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as a control function, managers should do nothing if a process variance is observed outside of the control limits.

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The given statement "managers should not act as a control function if a process deviation is observed outside of the control limits" is TRUE.

Who are managers?

According to the conventional definition, a manager is only someone who coordinates the efforts of others.

Simply, managers coordinate the efforts of others to accomplish goals.

Managers in the modern workforce could be in charge of particular systems or tasks that don't involve people.

Manages staff, plans, and evaluates departmental activities to meet departmental goals.

Maintains staff by bringing in, choosing, onboarding, and training new hires.

Makes sure that the workplace is safe, secure, and lawful. develops opportunities for personal development.

If a process deviation is noticed outside of the control limits, managers should take no action as a control function.

Therefore, the given statement "managers should not act as a control function if a process deviation is observed outside of the control limits" is TRUE.

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Correct question:

As a control function, managers should do nothing if a process variance is observed outside of the control limits.TRUE/FALSE

Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $50 per share. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $50 to $55.50, and the stock has paid a dividend of $6.50 per share.
a. What is the remaining margin in the account?
b-1. What is the margin on the short position? (Round your answer to 2 decimal places.)
b-2. If the maintenance margin requirement is 30%, will Old Economy receive a margin call?
Yes
No
c. What is the rate of return on the investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)

Answers

Compensation that a company gives to its shareholders in cash, stock, or any other form is known as a dividend.

a. The initial margin is as follows.

0.50 x 1,000 x $40 = $20,000

As a result of the stock price increase, Old Economy Traders lose:

$10 x $1,000 = $10,000

Therefore, the margin is reduced by $10,000.

In addition, the old economy trader would have to pay the stock lender a dividend of $2 per share, reducing the account margin by another $2,000.

So the remaining margin will be:

$20,000 - $10,000 - $2,000 = $8,000

Calculation in case of margin call

b. Margin ratios are:

(Total Margin / Total Price) %= $8,000 / $50,000 = 0.16. A margin call occurs because the percentage margin falls below the 30% maintenance level.

Return calculation

c. Account equity decreased from $20,000 to $8,000 in one year with the following returns:

Final Capital – Initial Capital / Initial Capital

= (-$12,000/$20,000)% = -0.60 = -60%

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demonstrating accountability in business implies which of the following? (choose every correct answer.) multiple select question.

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Accountability entails showing up and getting started on the tasks you committed to doing. It's about taking accountability for your own effort.

What is the most important principle of business communication?The first guideline of all business communication is to be clear. A message is unsuccessful if it causes the reader to scratch his or her head. Understanding the message (what you want to say), the method (how you want to tell it), and the medium (how you want to say it) leads to clarity (what format do you want to say it in).According to research, these outcomes are caused by at least four different kinds of relationships: social support, mentoring, helping others, and role models.The business environment is frequently well-known to entrepreneurs, who also have extensive product expertise. The acceptance of a product or service is determined by customer feedback, and the need for quick feedback is not usually one of an entrepreneur's traits.

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which of the following modifications to the list of assets and liabilities below would result in an increase in net worth?

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Which of the following modifications to the list of following assets and liabilities would improve net worth? In cash, $300.

What types of assets are there?

Along with tangible commodities like machinery, real estate, raw materials, and inventory, intangible assets like patents, royalties, and other intellectual property fall under the category of assets. A resource with economic value that a person, group, or country owns or administers in the hopes that it will one day be valuable is referred to as an asset. A company's assets are listed on its balance sheet. They are broken down into four categories: current, fixed, financial, and intangible. In a nutshell, cash is the initial asset and a current asset on a company's balance sheet.

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The same amount of principal is invested in different accounts earning the same interest rate. Which of the following accounts would have the greatest accumulated value at the end of one year? (0/1 Point) O An account earning interest compounded daily O An account earning interest compounded annually O An account earning no interest O An account earning simple interest

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The same amount of principal is invested in different accounts earning the same interest rate. An account earning interest compounded daily of the following accounts would have the greatest accumulated value at the end of one year.

Why does interest compound over time?

You can earn interest on interest, which is known as compound interest. Using simple math, you can see how this works: if you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You will have $110.25 by the conclusion of the second year.

The best compound interest rate?

The investment with the highest yearly percentage yield is the one that generates the highest amount of compound interest (APY).

                              Generally speaking, the investments with the highest yields and lowest risk are the best ones for compound interest. Mutual funds, equities, and bonds are a few of the most popular choices.

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C. It costs $1.15 to produce 10 gallons of lemonade. D. The cost of producing the lemonade increases at a rate of $1.15 per 10 gallons. The cost, C, of air conditioning your home, in dollars per day, when the temperature outside is T degrees Fahrenheit is given by y = C(T). When T = 92°F, C(92) = 1.83 and C' (T) = 1.64, for 90°F ≤ T ≤ 95°F. Approximate the cost to cool your home when the temperature reaches 38. 95°F, that is, C (95). A. $6.75 per day C. $2.25 per day 39. B. $3.09 per day D. $6.37 per day hour at which A conical-shaped reservoir has a depth of 20 feet and a radius of 10 feet. Water is leaking out so that the surface is falling at the rate of ft/hr. Find the rate, in cubic feet per water is draining when the water is 8 feet deep. V = = πr²h AT

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When the water is 8 feet deep, cubic feet per water are draining. A. (102)(12) per hour

C. (202)(12) per hour

B. (102)(8) per hour

D. (202)(8) per hour 40. 8 feet, h = 12 feet

A. π(10²)(12) per.

How does water function?

The majority of living things move through water, which is the primary component of Earth's streams, lakes, and oceans. Chemically, it is transparent, tasteless, odorless, and nearly colorless. It is necessary for all known forms of life, despite the fact that it does not contain any organic nutrients or calories. Its chemical formula, H₂O, reflects the fact that each of its molecules consists of one oxygen atom and two hydrogen atoms connected by covalent bonds. At normal ambient temperature and pressure, H₂O is referred to as water. Fog-like aerosols and rain-like precipitation are the two outcomes. Clouds are formed by suspended and solid ice water droplets. When broken into small pieces, crystallized ice can form snow.

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suppose eric is currently using combination d, producing one picture frame per day. his opportunity cost of producing a second picture frame per day is per day. now, suppose eric is currently using combination c, producing two picture frames per day. his opportunity cost of producing a third picture frame per day is per day. from the previous analysis, you can determine that as eric increases his production of picture frames, his opportunity cost of producing one more picture frame . suppose eric buys a new tool that enables him to produce twice as many picture frames per hour as before, but it doesn't affect his ability to produce embroidered sweaters. use the green points (triangle symbol) to plot his new ppf on the previous graph. because he can now make more picture frames per hour, eric's opportunity cost of producing embroidered sweaters is it was previously.

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The correct answer to the given fill in the blanks questions about opportunity cost of frame production is 1) 3 frames per day. 2) 4 frames per day. 3) Increases. 4) Higher.

Suppose Eric is currently using combination d, producing one picture frame per day. His opportunity cost of producing a second picture frame per day is 3 frames per day. Now, suppose Eric is currently using combination c, producing two picture frames per day. his opportunity cost of producing a third picture frame per day is 4 frames per day. From the previous analysis, you can determine that as Eric increases his production of picture frames,  his opportunity cost of producing one more picture frame increases. Suppose Eric buys a new tool that enables him to produce twice as many picture frames per hour as before, but it doesn't affect his ability to produce embroidered sweaters. use the green points (triangle symbol) to plot his new ppf on the previous graph. because he can now make more picture frames per hour, Eric's opportunity cost of producing embroidered sweaters is higher than it was previously.

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For the sum of $5,000, Seller Steph has granted Buyer Bill an exclusive right to buy her beachfront condo for $500,000 through the end of the year. After that, she is free to sell or not sell the condo to whomever she pleases.Evaluate the above scenario to determine what type of unilateral sales contract Steph and Bill have entered intolease-to-own contractoption contractas-is contractinstallment contract

Answers

The type of unilateral contract Steph and Bill have entered into is an options contract.

An options contract is a contract between two parties to enable a future transaction on an underlying securities at a predetermined price, known as the strike price, before to or on the expiration date. Options are financial tools based on the underlying value of equities such as stocks. An options contract gives the buyer the choice to purchase or sell the chosen underlying asset at a price specified in the contract, either within a specific term or at the expiration date, depending on the kind of contract they hold.  An option contract's terms identify the underlying asset, the price at which that security can be traded (strike price), and the contract's expiration date. A normal contract for stocks covers 100 shares, although the share size may be changed for stock splits, special dividends, or mergers.

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during the month, iris labs co. has a substantial number of transactions affecting each of the following accounts. state for each account whether it is likely to have debit entries only, credit entries only, or both debit and credit entries.

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In double-entry accounting, debits represent money coming in and credits represent money leaving out.

What is meant by Debit and Credit?In double-entry accounting, debits represent money coming in and credits represent money leaving out. There must be a credit of equal value in another account for every debit in the first account. Money that enters an account is referred to as a debit, and money that leaves an account is referred to as a credit. A balance sheet account's debit is its positive side, and a result item's debit is its negative side. In accounting, a debit entry is one that appears on the left side of a double-entry bookkeeping system and denotes either the addition of an asset or expense or the decrease of a liability or revenue. A credit is what a debit is the opposite of.

Accounts Payable - Debit and Credit            

2. Accounts Receivable- Debit and Credit

3. Cash -Debit and Credit

4. Fees Earned- Credit Only

5. Insurance Expense- Debit only

6. Dividends -Debit only

7. Utilities Expense- Debit only

The complete question is,

During the month, Gates Labs Co. has a substantial number of transactions affecting each of the following accounts. State for each account whether it is likely to have debit entries only, credit entries only, or both debit and credit entries. (IDENTIFY IF THEYRE DEBIT ONLY, CREDIT ONLY OR BOTH DEBIT AND CREDIT)

1. Accounts Payable

2. Accounts Receivable

3. Cash

4. Fees Earned

5. Insurance Expense

6. Dividends

7. Utilities Expense

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When a lender provides required advertising disclosures verbally over the telephone to a potential borrower, clear and conspicuous means all of the following EXCEPT

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When a lender provides required advertising disclosures verbally over the telephone to a potential borrower, clear and conspicuous means all of the following EXCEPT within a reasonable time frame.

Lender disclosure requirements are as follows:

The lender provides the borrower with:

-The name of the lender, a toll-free telephone number within the United States that the borrower can use to obtain additional credit information, and a mailing address for correspondence and payments with the lender.

-If applicable, the scheduled start date of the repayment period or the scheduled end date of the deferment under Section 682.210(v).

-The principal amount of the borrower's loan.

-Borrower's current balance at the time of the invoice or statement.

interest rate on the loan

-The total amount of interest paid by the borrower on the previous installments.

-The total amount paid by the borrower on the loan includes the amount paid by the borrower as interest on the loan, the amount of fees paid by the borrower on the loan, and the amount paid on the principal, will be reported to

-A description of each fee charged to the borrower for the immediately preceding installment period.

- The due date by which payment must be made to avoid additional charges, and the amount and fee for that payment.

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which antipollution policy is the least likely using a cost-benefit analysis?

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The anti-pollution strategy that is least likely to use a cost-benefit analysis is passing legislation that outlaws pollution.

When the costs and benefits of an intervention are both described in monetary terms, cost-benefit analysis can be used to compare them. Health outcomes are taken into account in cost-benefit analyses (CBA) and CEA. It is frequently used to assess commercial deals, project investments, and judgements about business or policy (especially public policy).

The results of a cost-benefit analysis will display the project decision's net benefit (benefits minus costs). For instance: It will cost $100,000 to build a new product, with revenues of $100,000 per unit anticipated (unit price = 2). Therefore, 200,000 advantages are sold.

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Bramble Inc. reported the following at the end of Year 1: revenue = $100,000; assets = $300,000; and operating profit = $50,000. One of Bramble's product lines reported the following at the end of Year 1: revenue = $10,000; assets = $35,000, and operating profit = $3,000.
Which of the following classifications should Bramble use to describe this product line for financial statement presentation purposes?
- Asset group
- Operating segment
- Reportable segment
- Subsidiary

Answers

From the following classification, the one which Bramble should use to describe this product line for financial statement presentation purposes is the reportable segment.

A reportable segment is a segment of exploitation which meets one of the criteria set out by the Financial Accounting Standards Board (FASB). The regular income generated by the segment must account for 10 percent or more of the total income, 10 percent or more of the total profits, or 10 percent or more of the total assets of the company.

However, Bramble should use to describe this product line for financial statement presentation purposes. Thus, the reportable segment must also be distinct from the rest of the entity.

Hence, option C is correct.

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The ____ auction is a form of open auction in which bidding starts at a high price and drops until a bidder accepts the price. a. English c. French b. Dutch d. Spanish. b. Dutch

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A Dutch auction (also called a descending price auction) refers to a type of auction in which an auctioneer starts with a very high price, incrementally lowering the price until someone places a bid. This whole process is called as valuation.

In the world of finance, the valuation process entails calculating an asset's current value. It is frequently the hypothetical price that a third party in a commercial setting would pay for a certain asset. Both liabilities and assets can be appraised. Divide the stock price by the earnings per share to arrive at the figure. In actuality, this is one of the techniques most frequently employed to ascertain if a company is overvalued or undervalued. The profit after tax is multiplied in this process to get an approximation of the equity value.

The usage of a valuation allows you to measure performance not just in terms of revenue but also in terms of the expected change in value, allowing you to track the effectiveness of your strategic decision-making process. The three main types of valuation methodologies—market, cost, and income—that are often employed to estimate the economic value of businesses each have advantages and disadvantages.

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a company, glenn corporation, is expected to generate cash flows of $45,000 for each of the next 20 years. determine the present value of the firm at a discount rate of 10%.

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A company, Glenn Corporation, is expected to generate $45,000 in cash flow over the next 20 years. The present value of the company at a discount rate of 10% is 383,110.

Present Value of Business = Annuity Amount

[1-(1/(1+r)^n]/r = Discount Rate, n = Number of Years Present Value of Business = $45,000

[1-(1/(1+ 0.1)^ 20) ]/.01=383.110.

Investment decisions can be made based on simple analysis. Find a company you like that offers a product you think you might want. The decision may not be based on financial statement screening, but the reasons for choosing this type of company over others are still valid. Their basic prediction is that the company will continue to produce and sell high-demand products, and liquidity will return to business. The second (and very important) part of the equation is that company management knows where to spend that money to keep the business going.

To quantify this idea, you can look at potential cash flows from operating activities and determine their value based on their present value. To determine the value of a company, investors need to determine the present value of operating free cash flow (FCF).

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a borrower was surprised when he attempted to pay off his current loan and was told that he must pay 2% of the loan balance in addition to the balance due. his loan must have included

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A borrower was surprised when he attempted to pay off his current loan and was told that he must pay 2% of the loan balance in addition to the balance due. his loan must have included Preplanned penalty clause.

Why is a borrower penalized if they pay off their loan before the end of the loan term?

Some lenders charge a fee when you pay off all or a portion of your mortgage loan early. This price is known as a mortgage prepayment penalty. The penalty fee encourages borrowers to repay their principle gradually over a longer period of time so that mortgage lenders can earn interest.

The process of getting a new loan to pay off one or more existing loans is referred to as refinancing a loan. Refinancing is typically done by borrowers to cut their interest rates or otherwise lessen their repayment obligations.

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you know that entering into an agreement with a venture capital company involves significant trade-offs. which of the following should you consider before seeking venture capital? check all that apply. seeking funds from venture capital companies should be considered only as a last resort. venture capital companies are making a financial investment with the goal of earning a profit for themselves. the goals of a venture capital company may be different from the goals of the entrepreneur who started the business. a venture capital company usually receives an ownership interest in the business in exchange for its investment.

Answers

Yes, all of these are important considerations to make before seeking venture capital.

Seeking funds from venture capital companies should be considered only as a last resort because they can be expensive and require giving up a portion of the ownership of the business. Venture capital companies are making a financial investment, hoping to earn a profit for themselves, so they will likely have different goals than the entrepreneur, who likely seeks to grow the business and make it successful. Finally, a venture capital company usually receives an ownership interest in the business in exchange for its investment, so it is important to consider how much of the company an entrepreneur is willing to give up in exchange for the capital.

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Which of the following describe the Chairman of the Joint Chiefs of Staff's (CJCS's) responsibilities? (Select all that apply.)
a. Provides for the preparation and review of joint OPLANs that conform to policy guidance from the President and SecDef
b. Advises the SecDef on critical deficiencies and strengths in force capabilities (including manpower, logistic, and mobility support
c. Acts as the Global Force Manager to integrate the joint force management processes
d. Prepares joint logistic and mobility plans to support joint OPLANs, including multinational plans

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The following describe the Chairman of the Joint Chiefs of Staff's (CJCS's) responsibilities:

b. Advises the Sec Def on critical deficiencies and strengths in force capabilities (including manpower, logistic, and mobility support)

c. Acts as the Global Force Manager to integrate the joint force management processes.

Chairman of Joint Chiefs of Staff:

The Chairman of the Joint Chiefs of Staff (CJCS) is a senior military officer in the United States Armed Forces. The Chairman of the Joint Chiefs of Staff serves as the principal military adviser to the President of the United States, the Secretary of Defense, the Homeland Security Council (HSC), and the National Security Council (NSC). The President of the United States elects the Chairman of the Joint Chiefs of Staff, which is confirmed by a majority of the United States Senate. The Chairman of the Joint Chiefs of Staff assumes office in odd-numbered years and serves a four-year term unless specifically requested by the President to resign early. As such, CJCS allows him to serve two different presidents.

The main Responsibilities of the Chairman of the Joint Chiefs of Staff:

1. Provide military advice:  

Under Article II of the United States Constitution, the United States Armed Forces are commanded by the President of the United States and by the President's liaison for military command, the Secretary of Defense. The role of the Chairman of the Joint Chiefs of Staff is to provide military advice to these civilian leaders.

2. Joint Chiefs of Staff Leadership:

The CJCS heads his eight-member council, called the Joint Chiefs of Staff (JCS), which provides strategic direction and tactical expertise to carry out the president's military objectives. The Council consists of his four-star generals or admirals and includes the Vice Chairman of the Joint Chiefs of Staff, Chief of Army Staff, Chief of Naval Operations, Chief of Air Force Chief of Staff, Commander of the Marine Corps, and Commander-in-Chief of the Armed Forces. Chief of the Security Bureau and Space Operations.

3. Member of the National Security Council :  

CJCS is also a member of the President's National Security Council. Regular attendees of the National Security Council include the Vice President, the Secretary of Defense, the Secretary of the Treasury, the Secretary of State, the Secretary of Homeland Security, the Attorney General, the Secretary of Energy, the Chief of Staff to the President and representatives of the United States. especially to the United Nations.

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which of the following types of financing is not addressed in the trec third party financing addendum?

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Reverse mortgage financing is not addressed in the TREC Third Party Financing Addendum.

A reverse mortgage financing arrangement allows a person to mortgage a property in order to earn monthly payments against its market value. A Reverse Mortgage Loan (RML) allows a Senior Citizen, defined as someone over the age of 60, to receive monthly payments from a lender against the mortgage on his or her home while retaining the owner and inhabiting the home. Because the Senior Citizen borrower is not obligated to service the loan during his or her lifetime, he or she does not make monthly principle and interest payments to the lender. RMLs are provided by Primary Lending Institutions (PLIs), which include Scheduled Banks and Housing Finance Companies (HFCs) that are NHB-registered. The addendum allows the buyer to cancel the contract in certain situations, such as if he is unable to acquire financing if the property does not meet the lender's underwriting standards.

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The pricing objective known as ________ can be counterproductive if it is achieved by drastic price cutting that drives down profit.

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The pricing objective known as unit volume can be counterproductive if it is achieved by drastic price cutting that drives down profit.

A price target or target gives direction to the entire pricing process. Determining your goals is the first step in pricing. The following points should be considered when determining the price target:

1) the company's overall financial, marketing and strategic goals; 2) product or brand goals; 3) Consumer price elasticity and price points. 4) Available Resources.

Some of the more popular price targets are:

maximize long-term profits.

Maximize short-term profits.

Increase sales volume (quantity).

increase financial turnover

Increase market share

Get your desired return on investment (ROI)

Achieve target profit margin

business growth

maintain price leadership

match competitors' prices

Facilitate the exit of marginal firms from the industry.

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What kind of plan - tactical or operational - should be developed first? Why? Does the order really matter? Why or why not? How tactical plans are implemented in your organization? What kind of operational plan that your organization may use or encounter? Which skills do the managers need to develop that plan

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In general, the first tactical or operational plan to first develop is a clear strategy and overall direction before developing more specific plans. In order to have a roadmap. Yes, the order matters

What are tactical and operational plans with their imports?

Tactical plans are typically shorter-term and focused on specific actions or initiatives that support the overall strategy. These plans often involve specific tactics and actions to be taken by individuals or teams within the organization.

Operational plans, on the other hand, are more focused on day-to-day operations and the management of resources. They are often developed to support the implementation of tactical plans and to ensure that the organization is able to achieve its goals and objectives.

In terms of implementation, tactical plans are often implemented by specific individuals or teams within the organization, while operational plans are implemented by the organization as a whole.

The kind of operational plan that an organization may use or encounter can include things like budget plans, resource allocation plans, and process improvement plans.

Managers developing these plans would need a range of skills including strategic thinking, leadership, financial management, and project management. They should also have a good understanding of the organization's operations and be able to identify areas for improvement.

Therefore, the needs and import of each if the plans are as presented and should be followed.

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For a Honda Accord, some factors shift demand left and others shift it right, as shown. Classify each factor by how it shifts the current demand curve to a new position. Drag each item on the left to its matching item on the right. Note that every item may not have a motch, while some items may have more than one match O free brake inspections O 2% rebate on a Toyota Camry, a substitute goodO Consumers' income increases by 10%. O big sale coming in three months

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Left: Coming in three months, a big sale with a 2% rebate on a Toyota Camry, a replacement product; Turns right: On the demand curve, free brake inspection, consumers' incomes rise by 10%.

What does demand curve mean?

The demand curve is a graphical representation of the relationship between the quantity demanded and the cost of an item or service over a given time period.

The price is frequently shown on the left vertical axis and the quantity demanded on the horizontal axis, respectively. In economics, a demand curve is a graph that depicts the relationship between the price of a good and the quantity desired at that price.

The relationship between price and quantity can be examined using demand curves for either a specific consumer or all consumers in a given market.

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The cost of postponing the Tokyo Olympics to 2021 in the wake of the Covid- 19 virus outbreak ____ an opportunity cost of hosting the 2020 Olympic Games if ______

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Answer:

It's a poster that Tokyo Olympics

the dividends received deduction is designed to mitigate the extent to which corporate earnings are subject to more than two levels of taxation.TrueFalse

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the dividends received deduction is designed to mitigate the extent to which corporate earnings are subject to more than two levels of taxation is true.

government's levying of taxes or other mandatory levies on people or organisations. Nearly every nation in the world imposes taxes, yet they also have additional uses outside just funding government spending. government's levying of taxes or other mandatory levies on people or organisations. Nearly every nation in the world imposes taxes, yet they also have additional uses outside just funding government spending. Taxation's main goal is to provide the government with money. Along with its primary goal of increasing revenues, it may also be used to decrease inequality, speed up economic development, and as a tool to control consumption, imports, and exports.

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suppose that felix, an economist from a college in pennsylvania, and janet, another economist from a nonprofit institution in the midwest, are both guests on a popular science podcast. the host of the podcast is facilitating their debate over health insurance. the following dialogue represents a portion of the transcript of their discussion:

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These economists disagree, and it is most likely because their ideals are different. Businesses and the government may respond to the future trajectory of the economy using the theories of economists.

A specialist in economics examines the connection between a society's resources and its output or production. Economists research a variety of social systems, including local communities, entire countries, and even the global economy. A wide range economic policies, including interest rates, tax laws, employment programmes, international trade agreements, and company strategy, are shaped in part by the professional judgement and research results of economists. Researching economic issues, conducting surveys and data collection, gathering data using mathematical models, statistical methods, and software, presenting research findings in reports, tables, and charts, interpreting and forecasting market trends, and advising businesses and governments are just a few of an economist's many responsibilities.

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