The most appropriate certifications for accountants working outside of public accounting include certified management accountants.
Why is management accounting important?The information required by management to control the firm effectively and efficiently is provided by management accounting. To combine various bits of information, management accounting was created, ensuring that decision-making is quick, easy, and efficient.
Public companies, commercial companies, and governmental organizations use management accountants. They are responsible for keeping track of financial data, processing it, selecting and managing investments for the company, managing risks, budgeting, planning, strategizing, and making decisions.
Thus, A bachelor's degree or equivalent professional certification, along with two years of work experience in management accounting or financial management, are requirements for CMA certification. Candidates for CMA must also pass a two-part test.
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at the band’s peak of popularity, a signed black diamond poster sold for $500. three years later, the band was almost forgotten, and the poster was worth only $10.
The annual multiplier is 0.27 and the Annual multiplier in decrease is 73%.
The gross hire multiplier is the ratio of the rate of a real estate funding to its annual condominium profits earlier than accounting for costs consisting of property taxes, insurance, and utilities; GRM is the variety of years the property would take to pay for itself in gross acquired hire.
We need to find the annual multiplier and annual percent of decrease.
The Final value after n years is equal to the Initial value multiplied by the multiplier raised to the number of elapsed years.
m⇒ annual multiplier
Substituting the values we get;
Taking cube root we get;
Hence the annual multiplier is 0.27.
Now We will find the annual percent of decrease.
The annual multiplier is equal to 1 minus the depreciation rate.r ⇒ annual percent in decrease.
Hence, Annual Percent in decrease is 73%.
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Disclaimer:- your question is incomplete, please see below for the complete question.
At the band's peak of popularity, a personally signed Black Diamond poster sold for $500. Three years later the band was almost forgotten and the poster was worth only $10. What were the annual multiplier and annual percent of decrease?
the united nations operates with voluntary agreements among members based on their shared norms, which makes it an informal blank institution. multiple choice question.
The United Nations is an informal normative entity since it relies on voluntary agreements among its members based on their shared standards.
UN system
The United Nations is a part of the UN system, which also includes numerous funds, programs, and specialized organizations, each of which has a distinct mission, executive authority, and budget. Instead of being funded by assessed contributions, the programs and finances are funded by voluntary donations. The Specialized Agencies are autonomous, global institutions supported by voluntary and imposed contributions. These various parts of the UN system work together to support the Organization in achieving its objectives, and the UN coordinates its activities with them.
Resources and Programs
The United Nations is fundamentally an informal organization because all of its agreements are voluntary.
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europe has eight different companies selling devices similar to the epipen. if these devices were available for use in the u.s. market, you would expect price elasticity of demand to become . this would also lead mylan to charge a price.
Europe has eight different companies selling devices similar to the EpiPen. If these devices were available for use in the U.S. market, you would expect price elasticity of demand to become less inelastic. This would also lead Mylan to charge a lower price.
What is price elasticity?
Price elasticity of demand is the ratio of the rate of change in quantity demanded of a product to the rate of change in price. Economists use it to understand how supply and demand change when the price of a product changes.
An example of price elasticity?
The Apple brand is so strong that many consumers pay a premium for his Apple products. If the price of the Apple iPhone goes up, many people will continue to buy it. If it's a lesser known brand like a Dell computer, demand is expected to be price elastic.
How is price elasticity measured?
Price elasticity measures the response of quantity demanded or supplied of a commodity to changes in price. It is calculated as the percentage change in quantity demanded or supplied divided by the percentage change in price.
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when you are valuing a stock, what must you be most careful about when performing your calculations?
When you are valuing a stock, proper research must be done on the company's anticipated future growth rate which must be most careful about when performing your calculations.
When the case of deciding on which valuation method is to be used for the first time to value stock as it is actually easy to get overwhelmed by various valuation techniques available for the investors. Fairly straightforward valuation techniques are also present, however, other techniques are more involved and complicated.
In general, there is actually no particular method that is best suited for every situation to make performed. Since each stock is different and each industrial sector or firm exhibits unique characteristics it may be required to process valuation methods which are in multiple cases.
Due to many factors to be considered while stock valuation, it must be done on basis of the complete anticipated future growth rate of the company. This should be done carefully based on proper research on the future growth of the particular company to perform calculations of stock valuation.
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how can you use mastering to develop a growth mindset and embrace your mistakes? how can you use mastering to develop a growth mindset and embrace your mistakes? question what went wrong and use hints or provide problem feedback to develop a new strategy repeat the question without changing your approach and input a different answer
The way to use mastering to develop a growth mindset and embrace mistakes is to question what went wrong and use hints or provide problem feedback to develop a new strategy.
How can we develop a growth mindset?
There are several ways to develop a growth mindset and one of them is the use of the mastering technique.
This technique calls for one to look at the situation they are in and question what went wrong. One should then use the feedback they get from the problem they discovered to come up with a new strategy.
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codes of conduct followed by auditors emphasize the impor- tance of independence to achieving audit quality. explain why indepen- dence is considered the cornerstone of the auditing profession.
The codes of conduct followed by auditors emphasize the importance of independence to achieving audit quality, the reason why independence is considered the cornerstone of the auditing profession because it bring about integrity and it reduces corruption.
What is independence in auditing profession?Auditor independence can be described as the independence of the external auditor which is been characterized by integrity as well as the requirement of the auditor to carry out his or her work freely and in an objective manner.
In this case, it should be noted that codes of conduct followed by auditors emphasize the importance of independence to achieving audit quality, the reason why independence is considered the cornerstone of the auditing profession because it bring about integrity and it reduces corruption.
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By conducting interviews and gathering responses to these questions, auditors can assess the level of employee awareness, perception, and understanding of the code of conduct, ethics, and compliance-related matters within the organization. This information can help identify areas for improvement and address any gaps or issues that may exist.
During the code of conduct audit, hotline reporting mechanism audit, or leadership commitment audit, the following sample questions can be used to gather relevant information:
1. Does the employee understand their role in complying with the standards established by the code of conduct?
This question assesses the employee's understanding of their responsibilities and obligations as outlined in the code of conduct. It helps determine if they are aware of the expectations placed on them regarding ethical behavior and compliance.
2. Does the employee believe the company is serious about ethics and compliance? If not, why not?
This question seeks to gauge the employee's perception of the company's commitment to ethics and compliance. It provides insights into any potential gaps or concerns in the organization's efforts to foster an ethical culture
3. What does the employee think are the company's risks regarding ethics and compliance?
By asking this question, auditors can gain insights into the employee's awareness of potential risks and vulnerabilities related to ethics and compliance. It helps identify areas where the company may need to focus its attention to mitigate these risks effectively.
4. Does the employee know the name and contact information of their Ethics Officer/Advisor, or the person they can contact to report wrongdoing?
This question assesses the employee's knowledge of the reporting mechanism and their ability to access it. It ensures that employees are aware of the appropriate channels to report any ethical concerns or wrongdoing, fostering a culture of transparency and accountability.
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when juanita meets regularly with her workers to provide encouraging words so that they work hard to achieve the company’s goals, she is engaged in the management function of controlling. group of answer choices true false
It is untrue that Juanita is performing the controlling management function when she meets regularly with her staff to offer words of encouragement to help them work hard to fulfill the company's goals.
According to one definition, management function is a social activity that is responsible for the efficient and economical planning and regulation of an enterprise's operations in order to achieve predetermined goals. It is an active process made up of a variety of components and actions. Operational tasks like marketing, finance, buying, etc. are distinct from these activities. Instead, regardless of his position or rank, these activities are similar to all managers.
The various managerial functions have been categorized by specialists. When Juanita meets regularly with her team to offer words of encouragement to help them work hard to achieve the company's goals, it is incorrect that she is carrying out the controlling management function. George and Jerry assert that "There are four core management functions, namely planning, organizing, acting, and controlling."
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to create interest for the colossal choco chipper, the company sent a free package of six cookies to selected homes along with a coupon. kookie cookie's activities represent
To create interest for the colossal choco chipper, the company sent a free package of six cookies to selected homes along with a coupon. kookie cookie's activities represent Sales Promotion.
Free packages are products, presents, or other items that have been branded with a company logo and are used in marketing. They are distributed without charge to advertise a business.
Customers can test out a tiny bit of free packages in the hopes that they would decide to buy them. The tactic promotes experimentation and increases awareness.
Getting something for practically nothing provokes a feeling in consumers; it simply makes them feel better. Free packages are perceived as rewards and, in most situations, have a positive impact on customers' opinions of your company. This encourages loyalty from current customers while also attracting potential and new ones.
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couples filing jointly (even when participating in a retirement plan at their places of work) can open this type of account as long as their adjusted gross income is less than $193,000.
The US taxation has special provisions for single and couples filing tax returns. The correct term for the retirement plan given is Roth IRA
Self-directed retirement plans - With no special record keeping, it can offer better protection from taxes and this includes Keough plans, IRA, etc.
Rollover - Rollover, also known as IRA transfer, is generally used to transfer funds from one firm to another, that is one IRA account to another. Roth IRA - Couples having AGI up to $193,000 and are jointly filing, can open Roth IRA, without participating in employer pension programs. Nondeductible IRA - Here, earnings are tax-free, till the person reaches 591/2 and any withdrawals amidst have a penalty.Traditional IRA - Any couples who are filing jointly and have AGI less than $193,000 can contribute to a traditional IRA and these are tax-deductible.Learn more about a retirement plan here:-https://brainly.com/question/3090325
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the main reason specialization can raise productivity is that: knowledge in human brains is limited. some persons have more knowledge than others. it is impossible to learn anything well. it is always good to know less than more.
Because human brains can only store so much information, specialization can increase productivity.
A person can become more knowledgeable in a particular field of work by specializing. It speeds up the pace of the work. Labor division promotes specialization. Thus, if a person consistently performs the same task, they will get more skilled at it. Therefore, specialization increases productivity.
In economics, productivity is defined as the amount of output produced per unit of input, such as labor, capital, or any other resource. The economy is sometimes measured as a ratio of hours worked to gross domestic product (GDP).
To study trends in workforce growth, salary levels, and technological advancement, labor productivity can be further broken down by industry. Productivity increase has a direct impact on corporate earnings and shareholder returns.
Productivity is a measure of the effectiveness of a company's production process at the corporate level. It is measured by comparing the number of units produced to the number of hours employees worked or by comparing the company's net sales to the number of hours employees worked.
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the sum is payable as the result of an accidental death, loss of sight, or the loss of two or more limbs.
The major amount is due in the event of accidental death, blindness, or amputation of two or more limbs.
Principal: What Is It?
The term "principal" is most frequently used to describe the initial amount of money borrowed for a loan or invested. It may also refer to the owner of a private firm, the face value of a bond, or the principal party to a transaction.
KEY LESSONS
In the financial and economic worlds, the word "principal" has several different connotations.
Principal in the context of borrowing refers to the original amount of a loan or bond (the amount that must be repay).
The initial sum spent on the acquisition of assets is referred to as principle in the context of investing.
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B, A, C, B, B, A, A, B, C, C, B, A, B, B, B, A, C, A, A, B Which relative frequency table correctly displays the data? A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 70, 90, 40. A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 40, 40, 20. A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 35, 45, 20.
Based on the given points, the relative frequency table that correctly displays the data is A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 35, 45, 20.
What is the relative frequency?The total number of letters given is 20.
The number of As in this list are 7 As. Their relative frequency is:
= 7/20 x 100%
= 35%
The number of Bs. in the list are 9. The relative frequency is:
= 9/20 x 100%
= 45%
The number of Cs are 4 and their relative frequency is:
= 4/20 x 100.%
= 20%
In conclusion, the last table accurately shows the relative frequency.
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Answer:
The answer is C
Explanation:
I did it by adding 5 for every B's, A's, C's, and they make perfect sense
Backed by the u. S. Government, these financial instruments are short-term debt obligations with a maturity of less than one year. They are considered risk-free investments.
Backed through U. S. government, those economic contraptions are brief-time period debt responsibilities with the adulthood of fewer than twelve months. they're taken into consideration threat-unfastened investments: Treasury bill.
The U. S. government is comprised of three branches; the legislative branch, govt branch, and the judicial department. each department works collectively to set the legal guidelines of the U.S. The congress, senate, and residence of Representatives are underneath the legislative department, which makes the laws.
The U. S. government is the commonplace authority of us, a federal republic in North the USA, composed of 50 states, a metropolis inside a federal district, five main self-governing territories, and numerous island possessions.
U. S. government consists of three separate degrees: the federal authorities, the state governments, and neighborhood governments President is both the head of the nation and head of the government of America and the Commander-in-chief of the militia. Under Article II of the charter, the President is liable for the execution and enforcement of the laws created by using Congress.
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hicks corp. wants to install a contributory group plan. it employs 200 people. how many employees must participate in order to install the plan?
Hicks corp. wants to install a contributory group plan. it employs 200 people. They will require 150 employees' participation in order to install the plan.
A contributory group plan requires you to contribute to the cost of group life insurance. The insurer typically demands that at least 75% of eligible employees participate in the plan in order to prevent adverse selection. In a noncontributory plan, the entire premium is paid by the employer. A retirement plan that requires current employees or retirees to cover a portion of the plan cost is known as a contributory plan. Employee payments are deducted directly from their paychecks. According to the plan's rules, these contributions might result in higher benefit payments. Contributory plans typically call for about 75% of employee participation, while noncontributory plans typically demand 100% employee participation.
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. consider the following business activities that occur at a ski resort. classify each activity as operating (o), investing (i) or financing (f)
The following business activities and sports arise at a ski resort. classify each activity as:
Operating (o): Operating activities encompass receipts and payments of coins for operations of the enterprise.
Investing (i): investing in sports consists of the receipts and bills of cash because of the sale and purchase of the property.
Financing (f): Financing sports include receipts and payments of cash due to problems and compensation of debt and fairness capital.
Understanding business activities. There are 3 fundamental kinds of commercial enterprise activities: running, investing, and financing. The coin flows used and created with the aid of each of those activities are indexed within the coins waft statement.
Commercial enterprise is the interest of creating one's living or earning profits by way of producing or buying and selling merchandise. it is also "any pastime or enterprise entered into for income."
Business activities pastime is any hobby associated with the purpose of creating a profit. it's far regularly divided into running sports, investing sports, and financing activities. of those, running activities tend to be considered the maximum essential as they have the most direct effect on a corporation's overall performance.
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four decades of ceo–tmt interface research: a review inspired by role theory author links open overlay panel
Researchers from a variety of fields have begun to pay more attention to the CEO-TMT interface, which is the connection and interaction between the CEO and other senior managers.
A Brief review of CEO-TMT interface researchThis line of inquiry tries to shed light on how CEOs and other executives communicate, shape one another, and participate in group activities that determine the course of organizations. However, current CEO-TMT research is characterized by a variety of disjointed assumptions regarding the interacting roles via which CEOs and TMTs exert strategic leadership, despite the growing interest in this field.
Drawing on role theory, we review extant CEO-TMT interface research in several disciplines and systematically organize the various CEO-TMT role assumptions into three role-theory specifications: functionalism, social-interactionism, and structuralism.
In taking stock of the three role specifications, we provide a critique of the strengths and boundaries of each, and chart directions toward an integrated ‘multi-role’ understanding of the TMT interface in strategic leadership.
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top managers particularly need strong conceptual skills, because changes affecting the organization tend to be more important at their level than at other managerial levels.
Top managers particularly need strong conceptual skills, because changes affecting the organization tend to be more important at their level than at other managerial levels
The ability to visualize a big-picture strategy and goal and then provide leadership and direction in task execution to accomplish it is referred to as conceptual skills. While conceptual skills benefit supervisors and managers at all levels, they are essential for top managers that provide general direction for a company.
Vision is a shared leadership skill among top executives. Top managers have minds that are constantly focused on the company objective or end goal. This vision serves as the foundation for a company's actions and structure. Top management in a company typically develops a long-term vision and sets the company's course, while supervisors guide their personnel on that course.
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which of these is the healthiest inflation rate?
A. 2.5%
B. 3%
C. 3.5%
Based on the Consumer Price Index, the Federal Reserve seeks to maintain inflation at 2%. (CPI)
Price increases, or inflation, can be thought of as the gradual loss of purchasing power. The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines.
A unit of currency effectively buys less as a result of the increase in pricing, which is sometimes stated as a percentage. Deflation, which happens when prices fall and buying power rises, can be compared to inflation.
The rate at which the cost of goods and services increases is known as inflation.
Demand-pull inflation, cost-push inflation, and built-in inflation are the three categories into which inflation is sometimes divided.
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rachel is the qualifying child of greta, her grandmother, and lisa, her mother. greta's agi is $22,000, and lisa's agi is $14,000. both greta and lisa want to claim rachel. can you prepare a return for greta claiming rachel for earned income tax credit (eitc) purposes? yes, greta can claim rachel for eitc because her agi is higher. yes, greta can claim rachel for eitc if she files before lisa. no, greta cannot claim rachel for eitc because she is not her parent. no, greta cannot claim rachel for eitc because lisa, the mother, holds a higher right than greta, the grandmother.
Earned income is typically money that you receive from your employer or that you make running your own farm or business. Wages, tips, salaries, non-taxable combat pay, benefits from union strikes, and some long-term disability payments are all considered earned income.
Retirement income, Social Security payments, unemployment compensation, alimony, and child support are NOT considered earned income.
You must have investment income of no more than $10,000. No foreign earned income exclusion form needs to be submitted by you.
The taxpayer and the eligible child must spend more than half the year living together. That translates to 183+ days or more than six months. The District of Columbia and all 50 U.S. states must be where you now reside. The taxpayer who requests the EITC must be an American national or resident (i.e., they must not be a non-resident alien).
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employers find that many college graduates are not career-ready in , skills that employers are looking for.
Employers find that many college graduates are not career-ready in critical thinking skills that employers are looking for.
Who is an employer?It should be noted that the employer is an individual who employs people to work in an organization. It should be noted that employers like out for people who can think critically.
Analyzing the information at hand—facts, evidence, observations, and arguments—in order to make a decision is known as critical thinking. The topic is complicated, and there are many various definitions of what it means to analyze or evaluate factual data in a reasonable, skeptical, and objective manner.
Therefore, based on the information, the option to fill in the question will be critical thinking.
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on may 1, mary's morsels provided catering services at a wedding. the bride is billed $4,000 and will pay during the following month. record this transaction on may 1 in the accounting equation of mary's morsels by: multiple choice question. increasing accounts receivable and decreasing revenue increasing accounts receivable and increasing revenue increasing accounts payable and increasing revenue increasing cash and increasing revenue
Based on the catering services for the wedding and the fact that the bride will pay in the following month, the effect on the accounting equation is increasing accounts receivable and increasing revenue.
What happens when a customer is billed?When a customer is billed and they will pay in future like the bride at this wedding, this is treated as an account receivable because it means that the bride owes the company.
At the same time, this is also treated as revenue because the company will be paid for services rendered. Revenue will therefore increase.
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if dan's baseball card collection is stolen after he entered in to an agreement to sell the cards, the contract must be because of impossibility of performance.
If dan's baseball card collection is stolen after he entered into an agreement to sell the cards, the contract must be discharged, because of the impossibility of performance.
What is the agreement?
A contract between two or more people to do something is referred to as an agreement. Two or more parties must agree to the terms of the agreement in order to create a legally binding commitment.
The baseball card collection entered into an agreement to sell the cards, the contract must be discharged, and the performance is impossible. The credit card was taken. This is the primary reason for the performance's impossibility.
As a result, the agreement of the discharge of the contract.
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suppose improvement occurs in the technology of producing forklifts but not in the technology of producing automobiles. draw the new production possibilities curve. instructions: use your mouse to click on either one or both of the endpoints of the ppc and drag inward or outward as necessary.
Suppose improvement occurs in the technology of producing forklifts but not in the technology of producing automobiles. We draw the new production possibilities curve by moving the 30 points to the right tick.
Technology, or as it is sometimes referred to, the modification and manipulation of the human environment, is the application of scientific knowledge to the practical goals of human life. Almost every aspect of modern life is impacted by technology, including productivity, socialization, food and healthcare access, and transportation efficiency and safety. The power of the internet has facilitated the emergence of international communities and made it easier to exchange information and resources. So many people are benefiting from technology in various ways. Collaboration between nations, cultures, and companies has never been simpler. Platforms and communities make this possible and facilitate easy global connection. This is significant because to overcome the current obstacles, we must work together.
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Max weber coined the term ________ to denote the tendency on the part of protestants to work hard and accumulate wealth.
Max weber coined the term Protestant work ethic to denote the tendency on the part of protestants to work hard and accumulate wealth.
The phrase "Protestant work ethic" was created by Max Weber to describe the propensity of Protestants to put in a lot of effort and amass money.
What are Protestants' beliefs?The notion that a Christian is justified in his connection to God by faith alone, not by good works or dispensations, and the acceptance of the Bible as the one authoritative source of infallible revealed truth were the main features of original Protestantism.
In his book The Protestant Ethic and the Spirit of Capitalism from 1904 to 1905, Max Weber first used the expression. Weber said that the development and expansion of capitalism were made possible by Protestant ethics and values, asceticism, and the predestinarian concept of Calvinism.
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which of the four corporate social responsibilities is considered first and foremost for business enterprises?
The corporate social responsibilities are considered first and foremost for business enterprises are economic. Thus, option (c) is correct.
What is business?
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
The all business enterprises are the full fill the corporate social responsibilities such as legal responsibility, economic responsibility, ethical responsibility, and philanthropic responsibility. But, the most important responsibility is the economic because provided the employment and development of the infrastructure.
As a result, the business enterprises are the most important corporate social responsibilities are economic. Therefore, option (c) is correct.
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Your question is incomplete, but most probably the full question was.
A. Legal
B. Philanthropic
C. Economic
D. Ethical
in several cities around the country schools are paying cash awards to students who do well on english and math tests
This practice highlights the idea of incentives- the rewards and penalties that motivate behavior.
The definition of incentive is something that makes someone need to do something or work more difficult. An instance of incentive is extra cash offered to the employees who work more hours on a venture. Helping result in or motivate. An incentive bonus for high productivity.
Benefits are a particularly powerful way of preventing human beings from leaving your organization. Incentives are linked to an employee's performance, in order that they paint within the equal way as a prize. The fee of the inducement is usually related to the results acquired.
Outline incentives as something that motivates or encourages one to do something time and again. The maximum powerful and sustainable incentive is appreciation and positive recognition.
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ricardo is a district manager who oversees several store managers in a national chain of department stores. ricardo reports directly to the vice president of stores and marketing, a member of top management. ricardo is a middle manager. group of answer choices true false
Based on the fact that Ricardo reports directly to top management and is the district manager, then he is Middle Management to this is TRUE.
What is middle management?Middle Managers are those who have a position that is higher than junior managers, but directly lower than top management. This means that they report to the top management.
These positions often involve the heads of districts which is what Ricardo is so Ricardo must be middle management.
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between 2016 and 2017, nintendo produced 2.3 million nes classic edition mini consoles that sold out almost immediately as they arrived at stores. the retail price of the mini console was $59.99. however, if you were to check ebay at the time, you would see that people were buying the units for $250 each from scalpers.
The signal that the high price on eBay sends to both scalpers and those playing the consoles is to buy more consoles to sell on eBay.
What signal is sent when prices are high?The high price of the Nintendo consoles on eBay will provide a market incentive to people trying to get into the market and sell consoles to make money as well.
Both the scalpers and the people who want to buy the game to play it, will start buying more of the consoles so that they can sell it for an even higher price on eBay.
The rest of the question is:
Describe what signal this price sends to both scalpers and people buying the consoles to play them.
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economic theories: group of answer choices are abstractions and therefore of no application to real situations. that are true for individual economic units are never true for the economy as a whole. are useless because they are not based on laboratory experimentation. are generalizations based on a careful observation of facts.
Economic theories:
A. are useless because they are not based on laboratory experimentation.
B. that are true for individual economic units are never true for the economy as a whole.
C. are generalizations based on a careful observation of facts.
D. are abstractions and therefore of no application to real situations.
The required details for Economic theories in given paragraph
Economic theories are broad generalizations based on meticulous fact observation.
An economic theory is a body of ideas and precepts that spells out how distinct economies operate. Depending on their individual role, an economist may employ theories for a variety of purposes. For instance, some theories try to explain why specific economic phenomena like inflation or supply and demand happen.
What is a case study of economic theory?
Input and output
For instance, an item or service's price may soar when its supply declines and consumer demand increases; in this scenario, the supply is insufficient to meet the demand.
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kevin invested part of his $5000 bonus in a certificate of deposit (cd) that paid 2% annual simple interest, and the remainder in a mutual fund that paid 4% annual simple interest. if his total interest for that year was $140.00, how much did kevin invest in the mutual fund?
A mutual fund is a pooled collection of assets that invests in shares, bonds, and other securities. while you buy a mutual fund, you get extra various preserving than you will with a man or woman protection, and you can revel in the convenience of computerized making an investment if you meet the minimum investment requirements and the mutual fund investment is underneath
solution:-
(5000 - x)(0.02)(1) + (x)(0.04)(1) = 190.
Mutual funds make money by using charging buyers a percent of property beneath control and might also price an income fee (load) upon fund purchase or redemption. Fund charges referred to as the expense ratio, can vary from near 0% to extra than 2% relying on the fund's working fees and funding fashion.
A mutual fund range let you pool your money with other buyers to at the same time buy stocks, bonds, and other investments. they are run by means of expert cash managers who determine which securities to shop for shares, bonds, and many others and sell them. You get publicity for all of the investments inside the fund and any earnings they generate.
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