This is true. Record the entry to close any balance in the manufacturing overhead account to cost of goods sold.
What is the manufacturing overhead cost?The term manufacturing overhead cost is the term that is used to refer to all of the indirect costs that are usually incurred as the cost of the goods that may come while a product is being manufactured. This cost is usually added to the cost of the final product with the labor and the material costs.
Hence we can say that This is true. Record the entry to close any balance in the manufacturing overhead account to cost of goods sold.
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omnibus budget reconciliation act of 1987 established standards for geriatric assistants in long term care facilities. list 4 requiremnets that all geriatric assistants must meet as a a result of obra
list 4 requiremnets that all geriatric assistants must meet as a a result of OBRA are:-
Complete a state approved training programPass a written and/or competency examination.Continuing educationPeriodic evaluation of performanceRetraining and/or retesting if the assistant does not work in a health care facility for more than two years. In the United States, an omnibus spending bill is a form of measure that combines several smaller routine appropriations bills into a single larger item that can be enacted with only one vote in each program. Each year, twelve different ordinary appropriations bills must be passed in order to fund the federal government and avoid a government shutdown.
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Why is it so important to have the proper amount of taxes withheld from your paycheck?.
Answer: So the government can be payed back (though i still have no clue why they need the money)
9. Which of the following is a true statement? Explain your reasoning.
The 52-week high can never be higher than the day's high.
The day's high can never be higher than the 52-week high.
That statement is true. The 52-week high is the highest amount for the entire year. Thus, the day's high can only be as high as the 52-week high and never higher.
The word “amount ” is used to explain the size or amount of non-depend nouns. For instance, you could measure the quantity of water in a beaker or the amount of air in a bottle. Similarly, you may realize the amount of cat hair that is seen on a blanket or the amount of salt a clinical patient has eaten lately.
As designated above, 'quantity' may be a noun or a verb. Noun usage: Pour a small amount of water into the dish. Noun usage: The puppies want unique quantities of food. Verb usage: It amounts to three bucks and alternate.
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one of the reasons marketers emphasize nonprice differences in their competitive strategies is because
Because relatively similar products can be improved, one of the reasons marketers emphasize nonprice differences in their competitive strategies.
Non-price competition exists between businesses or organizations that compete with one another for the same customers in an effort to boost sales of a good or service by utilizing strategies other than a price war. Therefore, in this type of competition, elements like product features, quality, good artistry, services, etc., rather than price, play a key role. Spending on product development, advertising, coupons, sales promotion, and free gifts are all part of the non-price competition. Such a plan aids in the promotion of a business's goods or services. It contrasts sharply with price competition, in which vendors compete by lowering the cost of their wares or services.
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why is real gdp a more accurate measure of an economy's production than nominal gdp? real gdp is not influenced by price changes, but nominal gdp is. real gdp includes the value of exports, but nominal gdp does not. real gdp does not include the value of intermediate goods and services, but nominal gdp does.
Due to inflation (i.e. price changes), its value increases over time whether or not the quantity produced for goods and services doesn't increase.
On the other hand, the important GDP is ascertained by adjusting the nominal GDP for inflation. GDP is significant because it gives information about the scale of the economy and therefore the way an economy is performing.
Nominal GDP differs from real GDP during this it doesn't account for the results of inflation or deflation. As a result, nominal GDP could inaccurately report true growth compared year to year. The U.S.
GDP is significant because it gives information about the scale of the economy and therefore the way an economy is performing.
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which organization or group is the only one that ""controls"" the forensic accounting profession and its credentials
Association of Certified Fraud Specialists Organization or group is the only one that ""controls"" the forensic accounting profession and its credentials
The largest anti-fraud group in the world is the Association of Certified Fraud Examiners (ACFE). The ACFE works to eradicate fraud and corruption around the world by providing top-notch training, providing the CFE certificate, and developing a vibrant, international network of anti-fraud experts.On an office terrace in downtown Austin, Texas, a discussion that led to the creation of the Association of Certified Fraud Examiners (ACFE) took place in 1985. The ACFE came into being through a casual conversation between Dr. Joseph T. Wells, Chairman of the ACFE and a former accountant who joined the FBI, and Dr. Donald Cressey, the top criminologist in the nation.
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suppose that a town council plans to raise the tax charged on each pack of cigarettes sold by 20 percent in order to raise its tax revenues. an economist points out to the council that the tax increase could possibly lead to a decrease in packs sold of more than 20 percent, and thus ultimately reduce the city's tax revenues. which of the key concepts in economics is best represented by the economist's observation?
Looking for unintended effects is the key concepts in economics, best represented by the economist's observation.
What are key concepts in economics?Even if it isn't regarded as being as crucial as managing a household budget or learning how to drive a car, the factors that underlie the study of economics have an impact on every aspect of our lives. Economics' most fundamental goal is to clarify how and why we choose the products we do.
Numerous decisions that people make can be explained by four key economic ideas: scarcity, supply and demand, costs and benefits, and incentives.
Because there aren't enough resources to satisfy everyone's seemingly limitless needs, there is a fundamental economic problem that scarcity explains. As a result, people must decide how to utilise few resources in the most effective manner.
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who is responsible for managing the progress of work during a sprint? group of answer choices the product owner the scrum master the most junior member of the team the development team
Development team is responsible for managing the progress of work during a sprint. So, option d (development team) is the correct choice of this question.
The development team is accountable for managing the progress of work throughout a sprint. Creating a valuable and functional increment of working product is the objective of a sprint. Towards achieving the sprint objective, the development team tracks the work left for every daily scrum.
The development team includes professionals who perform the work of delivering a releasable increment of product at the end of each sprint. The development team is structured and empowered by the enterprise to organize and manage their own work. It is equipped with all the skills necessary to create a functional product increment. Not even the scrum master guides the development team how to produce increments with releasable functionalities.
While the other options are not correct:
The scrum master: The scrum master guides the scrum team (consisting of the product owner, the scrum master, and the development team) to improve its performance and practices.The product owner: The product owner is responsible to ensure that product meets business requirements by optimizing the values of the product and the work performs by the development team.The most junior member of the team: The most junior member is not included in the scrum team as an individual, instead he is a member of the development team, doing work with other members to achieve sprint goal.You can learn more about sprint at
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Villanelle started her own business last year with the goal of turning a profit. However, after one year in business, villanelle has not managed to make any profit. What does this mean?
Profit maximization is the process by which businesses ensure that the best output and pricing levels are attained in order to maximize their returns. The firm adjusts influential parameters such as sale price, production cost, and output levels to achieve its profit targets.
In other words, at the maximum level of output, the businesses profit-maximizing quantity and price can be found by setting marginal revenue equal to zero. When the total revenue curve reaches its maximum value, marginal revenue equals zero. A scheduled airline flight is an example. Profit maximization has advantages. Employees may benefit if a portion of their salary is connected to the company's performance.
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think of a successful project and an unsuccessful project with which you are familiar. what distinguishes the two, both in terms of the process used to develop them and their outcomes
Project experience distinguishes the two, both in terms of the process used to develop them and their outcomes.
Project
A project is a set of tasks that must be accomplished in order to achieve a specified goal. A project can alternatively be defined as a set of inputs and outputs required to achieve a specific aim. Projects can be simple or complex, and they can be managed by one person or a hundred.
Consider a successful and unsuccessful project that you are familiar with. Project experience distinguishes the two, both in terms of the development process and the consequences.
Therefore, the answer is project experience.
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Answer:
Explanation:
Think of a successful project and an unsuccessful project with which you are familiar. What distinguishes the two, both in terms of the process used to develop them and their outcomes? This question is intended for classes with students who have had some experience with projects in the past. It seeks to get them to examine the causes of success and failure from their own experience. Instructors should then begin developing a list of the various causes of success and failure as a point of
with respect to advertising requirements in texas, all of the following are allowable unless the insurer:
All of the following are permissible under Texas advertising laws, with the exception that the insurer may not use the terms "investment," "savings plan," or "profit sharing."
What is a savings plan?Achieving both short- and long-term financial goals, such as setting up an emergency fund, saving for a vacation, or setting aside money for a down payment on a home, depends on saving money. The personal savings rate was 6.4% as of January 2022, which means that the typical American household saves less than 10% of annual disposable income. Your personal savings rate may rise if you make a savings plan.
A savings plan is a strategy for accumulating funds to meet particular monetary objectives. It lists the objectives in question and the actions required to achieve them. Such objectives could be:
an emergency fundVacation schedulewedding preparationsgetting a houseHome renovations or repairsinvesting in a carcollege preparationSavings for retirementYour particular financial circumstances will determine the kinds of financial objectives you include in a savings strategy.
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baird purchased a landlocked tract from carr on the condition that carr grant baird an easement across carr's property to a road. proper papers were drawn, but the easement was never recorded. later, baird sold the property to dole but failed to make mention of the easement. does dole hold a valid easement across carr's property? select one: a. no, because the original easement was never recorded b. no, because the second transfer failed to specifically mention the easement c. yes, because the easement runs with the land, not the individual d. yes, because baird held the servient estate and carr held the dominant estate question 82 answer saved points out of 1.00 not flaggedflag question question text when would real estate prices likely be hi
Dole has a legal right of way through Carr's property because the easement follows the land and not the owner.
The Indian Easements Act of 1882's Section 4 defines the term "easement." According to Section 4's guidelines, an easement right is a privilege that a landowner or occupier has over another piece of property that is not his own and that is intended to allow for the beneficial use of the property. Because an occupier or owner cannot completely enjoy his own property without this privilege, it is allowed. It also includes the right to take action or continue to take action in relation to or with regard to some other land, other than his own, for the pleasure of his own land.
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expensing the cost of copy paper when the paper is acquired is an example materiality. industry practices. conservatism. expense recognition.
Expensing the cost of copy paper when the paper is acquired is an example of .Cost constraint.
What is Cost constraint?A cost constraint in accounting occurs when it is excessively expensive to report specific information in the financial statements. The applicable accounting standards permit a reporting entity to forego the associated reporting where doing so would be prohibitively expensive. The purpose of enabling the cost constraint is to prevent firms from paying excessive expenditures to fulfill their financial reporting duties, especially when compared to the benefit received by readers of the financial statements.
Only certain requirements for financial reporting that are mentioned in the accounting standards are subject to the cost limitation. In all other instances, regardless of the underlying cost, financial information must be reported.
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mansi inc. is considering a project that has the following cash flow data. what is the project's payback? year 0 1 2 3 cash flows -$650 $300 $325 $350 a. 1.80 years b. 1.95 years c. 1.78 years d. 2.07 years e. 1.66 years
(d) 2.07 years
As Initial Outlay is 650, it will be recoverd
in between year 2 & 3. Therefore, Payback
Period will be between 2nd and 3rd year.
Payback Period will be 2 years + proportionate of 3rd year
Payback Pariod = 2+[(650-625)/(975-625)]
Payback Period = 2.0714 years
Therefore, (d) 2.07 years
What is cash flow data?An organization's total cash inflows from current activities and outside investment sources are detailed in a cash flow statement. The cash made by the company from operations, investments, and financing is included in the cash flow statement. This total is known as net cash flow. Cash flow from operations, which comprises transactions from all operational company activities, is the first component of the cash flow statement. Investment profits and losses are shown in the second area of the cash flow statement, which is the cash flow from investments. The final element, which summarises the cash utilised from loan and equity, is cash flow from finance.
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fill in the blank question fill in the blank question. define what the income statement reports by completing the following sentence: the income statement describes a company's (assets/revenues) and (expenses/liabilities) along with the resulting net income or loss over a period of time due to earnings related activities.
The income statement describes a company's revenue and expenses.
In accounting, revenue is the total amount of income generated via the sale of products and services associated with the number one operations of the business. industrial revenue may also be called sales or as turnover. a few organizations receive sales from hobbies, royalties, or other charges.
Sales is the entire amount of earnings generated via the sale of goods or offerings related to the enterprise's number one operations. revenue, also referred to as gross income, is regularly known as the "top line" as it sits on the top of the profits declaration.
The sale of goods, merchandise, or merchandise. The sale of offerings, such as consulting. condominium earnings from an industrial property (note using “earnings”) The sale of tickets to a live performance.
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before you started applying for college, a job recruiter offered you a full-time cashier position at a local retail store, earning an after-tax salary of $23,000 per year. however, you turn down this offer and attend your first year of college. the additional monetary cost of college to you, including tuition, supplies, and additional housing expenses, is $30,000.
Because a year of college costs an individual or person more than $53,000.
The calculation looks like this:
salary after taxes plus any additional expenses
= $23,000 + $30,000
= $53,000
What is salary after Tax?The net income remaining after all federal, state, and withholding taxes have been subtracted is known as after-tax income. The amount of disposable income that a consumer or business has available to spend is known as after-tax income, also known as income after taxes.
To determine their taxable income, income tax owed, and after-tax income, the majority of individual tax filers use some variation of the IRS Form 1040.
The deductions are subtracted from the gross income to determine the income after taxes. The difference represents the taxable income, which is subject to income tax. Gross income minus required income taxes equals after-tax income.
Think about this illustration: Abi Sample earns $30,000 but deducts $10,000, leaving her with a $20,000 taxable income. Their federal income tax rate is 15%, so the $3000 in income tax is due. The difference between gross income and income tax ($30,000 - $3,000 = $27,000) is the after-tax income.
Thus to determine their taxable income, income tax owed, and after-tax income, the majority of individual tax filers use some variation of the IRS Form 1040.
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is an application of bi that enables the continuous and real-time analysis of operational data to measure actual performance and forecast future performance.
An application of bi called sales forecasting enables the continuous and in-the-moment analysis of operational data to assess current performance and predict future performance.
The predicting of sales:
One of the most crucial parts of every organization is the ability to forecast revenue. This information is essential for decision-making for everyone from your sales team to your CEO because it can mean the difference between success and failure.
The usage of business intelligence (BI) technologies is one method that companies are beginning to improve their forecasts. A variety of data is available from BI tools, which you can use to improve your forecasting skills.
Businesses can use data mining, data analysis, and visualizations to better understand their operations through the use of business intelligence.
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there is lack of unity in the vision for the re-engineering process that the ceo has decided to implement for the future of the hospital.
One re-engineering process of the presidency is to correct problems of hospital related to public items, outside costs and benefits, and imperfect opposition. government intervention to accurate market failure usually has the potential to transport markets in the direction of efficient answers, and as a consequence reduce deadweight losses.
Business process Reengineering entails the radical remodel of core business techniques to reap dramatic upgrades in productiveness, cycle instances, and first-rate. In enterprise system Reengineering, Hospital corporations begin with a blank sheet of paper and reconsider existing strategies to deliver greater cost to the patron.
Enterprise technique re-engineering is an enterprise control strategy in the beginning pioneered within the early Nineties, focusing on the evaluation and layout of workflows and commercial enterprise procedures inside an agency.
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colquitt, lepine, and wesson. organizational behavior: improving performance and commitment in the workplace.
The seventh edition of Colquitt, LePine, and Wesson's Organizational Behavior maintains its innovative methodology by utilizing an integrative model and roadmap to show how organizational.
What is the importance of Organisational behavior?The significance of researching organizational behavior. Organizational behavior, at its heart, examines how social and environmental factors impact how individuals or groups of people function. The effectiveness of an organization depends on how its members interact, communicate, and work together.
They have two distinct chapters on organizational commitment and job performance. These subjects are essential for both managers and students, and they stand for critical organizational behavior objectives. The following chapters then connect to those results to show why organizational behavior is important in modern businesses.
Team, leader, and individual factors influence employee attitudes, which in turn affect performance and commitment. Using this model, students are reminded of their current, previous, and future locations.
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When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.
False is the correct answer
A code of ethics is a set of guiding principles intended to help professionals conduct themselves in the workplace honestly and morally. An organization's goal and basic values, the professional standards to which they are held, the way in which professionals should handle challenges, and other topics may all be included in a code of ethics statement. A code of ethics is a collection of values and guidelines that people and organizations use to guide their decision-making and to discern between right and wrong. They give a basic understanding of a company's or organization's ethical standards. A code of ethics is crucial because it outlines behavior expectations in detail and establishes the foundation for preventative measures.
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shane starts a new business this year and incorporates the business entity as snb, inc (taxed as a c corporation). unfortunately, snb, inc. has a slower than expected start and loses $6,800. assuming a 21% income tax rate, how much income tax will snb, inc. pay this year?
After assuming a 21% income tax rate, SNB Inc will not pay taxes this year since it earned a loss. It most likely has the option to carry the loss over to a subsequent year to offset income.
What is Income tax?Income tax is a type of direct tax that governments impose on the earnings of their constituents. The central government must levy this tax, according to the Income Tax Act of 1961. In its Union Budget each year, the government has the authority to alter the tax rates and income brackets. Income does not just refer to funds received in the form of wages. It also includes "revenue from other sources," which includes income from real estate, corporate earnings, professional gains (such as bonuses), and income from capital gains.
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which type of internal business document has the primary purpose of building goodwill for the organization?
10-K report has the primary purpose of building goodwill for the Organization
Building trust is the first step to keeping relationships with clients and staff healthy and happy. When you establish an emotional connection with the individuals you deal with, you develop a business network founded on trust and honesty. We might say that goodwill is an emotion that resides within us.How can a business create goodwill?Learning the elements that contribute to business goodwill can help you better understand how goodwill affects a company's worth. The going concern worth of a firm, extra business revenue, and the anticipation of future financial gains are the three components that go into the production of goodwill.To learn more about building Goodwill, Click the links.
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A cpa firm was purchased by a public company. The acquirer performs other professional services and has banking, insurance, and brokerage subsidiaries. The owners and employees became employees of a subsidiary. Also, the previous owners formed a new cpa firm that provides attest services. It leases employees, offices, and equipment from the parent, which also provides advertising, billing, and collection services
Subject to the same rules of independence as a closed member is an employee hired by the company from the parent.
An employee is any person who has provided services (either in the form of thoughts or in the form of energy), then receives remuneration or compensation whose amount has been determined in advance.
Employee Type
Permanent employees, Permanent employees are workers who have an agreement or contract with the institution or company where they work for an indefinite period of time and can be referred to as permanent workers. Usually, this type of employee has more rights than non-permanent employees.Temporary Employees, Non-permanent employees are workers who have a work contract within a predetermined time. Generally, this type of employee is only hired when needed according to the agreed contract. Usually, it can be dismissed at any time when the service is no longer needed. Employees of this type can have rights but tend to be less than permanent employees.Private sector employee, Private employees are people who work in non-governmental institutions or organizations based on a mutually agreed employment contract. The employment contract will regulate the status, responsibilities, duration of work, salary, and others as long as the employee works at the company.You can learn more about employee here brainly.com/question/18633637
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gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $4,300 uncollectible account of its customer, a. hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:
Allowance for Doubtful Accounts 4,300
Accounts Receivable—A. Hopkins 4,300
What is uncollectible account?
Receivables, loans, or other debts with essentially zero prospect of being paid off are considered accounts uncollectible. A debt may become uncollectible for a variety of reasons, such as the debtor's bankruptcy, an inability to locate the debtor, the debtor's fraud, or a lack of adequate documents to support the existence of the debt.
Therefore,
Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $4,300 uncollectible account of its customer, a. hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:
Allowance for Doubtful Accounts 4,300
Accounts Receivable—A. Hopkins 4,300
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In which category is the cost of living in Philadelphia double the cost in
Cleveland?
OA. Housing
O B. Food
G. Utilities
D. Health
In the Housing category the cost of living in Philadelphia doubles the cost in Cleveland.
The housing expenses in Philadelphia are 11% higher than the national average and the utility prices are 10% higher than the national average. Transportation expenses which include different fares bus fares and gas prices are 13% higher than the national average. Philadelphia also has grocery prices that are 17% higher than the national average.
In both Philadelphia and Pennsylvania, the cost of living is 10% higher than the national average. There are different factors which affect the cost of living in any area. These factors include career of an individual, average salary of the area and the real estate market of that area. PayScale's Cost of Living Calculator is the method which can be used to find out more about how individual needs will factor in when beginning the research to figure out how much it would cost to relocate.
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Answer: Its A. Housing
Explanation:
several studies state that long commuting times have a negative impact on job satisfaction. test if job satisfaction is correlated to distance to work. what is the correlation coefficient? should ibm offer additional incentives to employees who live far from work?
A job satisfaction with his job is the result of a combination of factors – and financial compensation is only one of them.
The required details for job satisfaction in given paragraph
The responsibility of management is to ensure that employees have the resources they require to complete their assigned tasks, that the work environment is positive, and that morale is high.
A worker's level of contentment with their employment, whether they like the job or particular features or facets of it, including the nature of the work or supervision, is measured by their job satisfaction, employee satisfaction, or work satisfaction. Affective (or emotional), cognitive (or evaluative), and behavioral components can all be used to quantify job satisfaction. Affective job satisfaction and job cognitions are two different types of job satisfaction that are measured differently by researchers (cognitive job satisfaction).
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a company whose hr practices result in the greatest good for the largest amount of people, respect basic human rights, and treat employees and customer equitably and fairly has practices that are considered to be .
The practices of such a company with an HR that tries to get the greatest good for the largest amount of people are considered fair and equitable.
What are fair and equitable HR practices?These are the HR practices that are considered to be the leading standard of what Human Resource practices should be like.
These practices are set up such that they respect the rights of humans, treat employees fairly, and tries to result in the greatest good which means that the largest amount of people are catered for.
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after colleen retires from her position as a speech pathologist at a local school district, she and her colleague jane, a retired school psychologist, open a practice to service students with disabilities as a new business. she is an entrepreneur. what building block of cash flow does this fall under?
The building block of cash flow does this fall under will be other cash generators.
What's cash flow?
Cash flow is the motion of cash inside and outside of a agency. Cash obtained indicates inflows, and cash spent indicates outflows. The cash flow assertion is a financial assertion that reviews on a agency's assets and utilization of coins over some time.
Why cash flow is essential?
Cash flow is defined as the quantity of money coming into and leaving your commercial enterprise over a given time frame. Cash go with the flow is vital as it enables you to meet your current monetary duties in addition to plan for the destiny. Yet, cash go with the flow is a common venture amongst small agencies.
Is cash flow similar to profit?
The key difference between cash flow and profit is at the same time as income indicates the amount of money left over in any case charges had been paid, cash flow suggests the internet drift of cash into and out of a enterprise.
What is a superb cash flow?
A ratio less than 1 indicates brief-time period cash flow issues; a ratio greater than 1 indicates appropriate economic health, because it suggests cash flow extra than enough to satisfy short-time period monetary duties.
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is the area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior
The area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior is corporate governance.
What is corporate governance?It should be noted that corporate governance simply means the system through which companies are controlled and directed.
The board of directors of an organization should hold regular meetings, maintain control over the company, and have clearly defined roles as a result of good corporate governance. Additionally, a strong risk management system is ensured. One of the cornerstones of any successful firm is excellent corporate governance.
In this case, it's important for companies to engage in ethical procedures
Therefore, the correct option is corporate governance.
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A rewards member calls in asking about an advertisement for a product they saw on tv. When you ask them about the product, they tell you they can’t remember what it was called. What do you do?
You should ask the rewards member for a description of this product and search in your company's database.
What is a product?A product can be defined as any physical object (tangible item) that is typically produced by a manufacturer so as to satisfy and meet the demands, needs or wants of every customer. Also, some examples of a product include the following:
RefrigeratorShampooMobile phones or SmartphonesPencilTelevisionMicrowave ovenComputerWhat is a database?A database can be defined as an organized and structured collection of data that're stored on a computer system as a backup and they're usually accessed electronically.
In this context, we can reasonably infer and logically deduce that you should ask the rewards member for a description of this product and search in your company's database.
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