A gas supplier that charges clients more throughout the winter than during the summer. As a result, choice (B) is the appropriate reaction.
What is price discrimination?A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept.
When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price to each group.
Hence, option (B) is accurate.
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A cost that remains fixed over limited ranges of volumes but changes by a lump sum when volume changes occur outside these limited ranges is called a _____ cost.
A cost that remains fixed over limited ranges of volumes but changes by a lump sum when volume changes occur outside these limited ranges is called a step wise cost.
What kind of expense remains constant regardless of the volume?
Production costs come in two varieties for businesses: fixed and variable costs The quantity of output produced influences the variation of variable costs. Raw materials, commissions, and labor are all examples of variable costs. Regardless of production output, fixed costs remain constant.
What exactly are costs that remain constant across a wide range of volume?Costs that remain constant over a range of production are called step-variable costs. Over a range of one to 10,000 pencils, the wage of an employee who can produce 10,000 pencils remains constant. You will require another employee to produce 11,000 pencils.
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How is workplace changing in today's world?
Today's workplace is rapidly changing due to a variety of factors, including technological advances, the growth of the gig economy, the need for more flexible work arrangements, and an increased focus on employee wellbeing.
What is workplace?Workplace is an environment where individuals come together to perform work-related tasks and activities. It is a place where employees can collaborate and grow together. Workplace provides opportunities to learn, develop skills and contribute to the overall progress of the organization. It is a dynamic environment that is constantly changing and evolving to meet the needs of its employees.
Technological advances have enabled companies to shift from manual labor to automation, streamline processes, and increase productivity. The gig economy has allowed for more flexible work arrangements, allowing for remote work, freelance, and contract-based positions. Companies are also recognizing the importance of employee wellbeing and have begun to offer more benefits and flexibility around work-life balance. Additionally, companies are investing in innovative tools and strategies to foster collaboration and creativity among employees.
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Who pays the majority of taxes?
The remainder of taxes are paid by Key Takeaways. In 2019, the top 1% paid the highest amount of federal income taxes.
How come we tax?In addition to financing public goods and services, taxation is a crucial component of the social compact that unites people and the economy. A government's essential authority can be determined by how taxes are collected and used.
Why do taxes exist?Taxes are compulsory payments made by a government organization, whether locally, national, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, including Medicaid and Social Security as well as public infrastructure and services like roads and schools.
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What are the advantages of earning your own money to purchase something special? explain the advantages using specific details and examples in your response?
When people use their own money to buy something exceptional, they will spend less, value it more, and be inspired to repeat the action.
What is the importance of earning in life?You can establish a business, create the home of your dreams, support your family financially, and pursue other objectives you think would improve your quality of life if you have money.
It aids in the acquisition of some of life's intangibles, like freedom or independence, the chance to fully utilize our abilities and skills, the power to choose our own course in life, and financial security. Money allows for a lot of good deeds and the avoidance or end of avoidable misery.
You wait and save your money, and when you do, you'll get double as much as you did before. and that is the first benefit of making your own money and purchasing wonderful things with it.
Therefore, the answer is:
The advantages of people earning their own money to purchase something special are they will spend less money, value it more, and they will have the motivation to do it again.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
Identify the type of savings fund that’s best suited for each situation.
Answer:
Ill just put the answers down below.
Explanation:
So first off, lets understand what the two different types of funds are, and then lets take the statements and chose which is better described.
Ok, a rainy day fund is a fund is basically a fund for minor everyday expenses. So like, lets say that your toilet is broken, and you need to pay the plumber 100 dollars. This would be something that a rainy day fund is used for.
On the other hand, a emergency fund is a fund that is for a urgent, abrupt, and more expensive. For example, lets say that all of a sudden, your apartment complex raised the price of your apartment, and you must pay an extra 500 dollars in the next week. This would be something that a emergency fund is used for
Now, lets sort out your statements, and see which area they can be put into.
Lets start with paying for small appliance repairs, well, that isnt going to be very expensive. Aside from that, it isnt urgent or life threatening to you. So considering that, this would go under a rainy day fund.
Next, we have paying 500$ for unexcepted travel costs. Well, this is urgent and unexcpedted. Furthermore, this is 500$, which is quite expensive. So this would go under a emergency fund.
Moving on, we have saving for minor unplanned expenses. Well, this is unplanned, and in addition, it is minor. Si we can conclude that this is something that goes under the rainy day fund.
The next one is saving for major unplanned expenses. This is the exact opposite of the one before it, being very expensive. So we can conclude that it is under a emergency fund.
Paying for living expesnises after job loss. Well, that seems sudden. And, living expenses, as you may know, arent the cheapest thing. SO we can conclude this goes under a emergency fund.
Finally, we have paying for unexpected housing costs over 5000 dollars. Well, that is a ton of money. Very expensive and unexpeted. So I think we can both conclude that this is in the emergency fund.
Hope this helps!
The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answer:
B. Customer needs, company goals, profits
Explanation:
When a firm's only variable input is labor, then the slope of the production function measures the
a. quantity of labor.
b. quantity of output.
c. total cost.
d. marginal product of labor.
When a firm's only variable input is labor, then the slope of the production function measures the marginal product of labor.
Hence, Option D is correct
The marginal product of labor, also known as MPL, is the increase in total production that occurs when a company adds one more unit of labor (typically one more employee), while keeping all other factors of production constant .When one unit of an input, like labor, is added to the current combination of productive factors, the additional output that results is known as the marginal product of that input. The increase in overall labor costs caused by adding one worker is known as the marginal cost of employing labor.The marginal physical product is multiplied by the average revenue or the product price to arrive at the value of the marginal product. Physical Product x Sales Price of the Product is a more straightforward way to calculate VMP.To know more about marginal product of labor here
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Who mandated the item unique identification (IUID) compliance process for equipmentassets with an acquisition cost of over $5,000
The item unique identifier (IUID) compliance process was imposed by the Department of Defense (DOD) for equipment and assets with an acquisition cost of more than $5,000.
What do you know about Department of Defense (DOD)?
In 2006, the US Defense Department was the country's biggest energy consumption. It is one of the worst carbon polluters ever, releasing more carbon dioxide into the atmosphere than the combined emissions of more than a hundred other nations. The department used over 30,000 (GWH) of power in FY 2006, spending close to $2.2 billion on it. The amount of electricity used by the department would be sufficient to run American homes. If the department were a nation, this would rank 58th worldwide for power consumption, using a little less than Syria and a little more than Denmark (CIA World Factbook, 2006).
So, The required answer is Department of Defense (DOD).
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How are individuals and economics similar?
Both individuals and economies must make a decision on how to allocate resources, which is a similarity between both. Economics is the study of scarcity and how it affects how resources are used.
Economics is a social science that examines how products and services are produced, distributed, and consumed as well as the decisions that people, corporations, governments, and nations make when allocating resources. Economists examine how resources are distributed for production, distribution, and consumption on the premise that humans have limitless demands in a world of finite resources. While macroeconomics focuses on the behavior of the economy as a whole on an aggregate level, microeconomics focuses on the decisions made by people and enterprises. Hesiod, a Greek farmer and poet who lived in the eighth century B.C., is one of the oldest economists known to have written about the necessity for effective allocation of labor, resources, and time to combat scarcity.
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Buyer Norm had his father put up earnest money in the amount of $4,000. The contract fell through. The sponsoring broker should
The sponsoring broker should release the full amount back to buyer Norm.
The person or organization known as a sponsorship broker is responsible for obtaining sponsorship money for properties Within the sponsorship-marketing industry, sponsorship brokers frequently focus on certain niches.
In Texas, you need to be sponsored by a reputable broker in order to work as a selling real estate agent. To ascertain whether you and the possible sponsors would be a suitable fit, it is crucial to probe when looking for a sponsor.
An agent having their employment broker's license is a sponsored broker. In addition to giving you other economic, marketing, and brand advantages, they are in charge of assisting you during your first few years as an agent. To activate your license, you require a sponsoring broker.
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Which family business decision-making process will be most affected by bounded rationality?
a. Collaborative
b. Independent
c. Autocratic
d. Consensus
e. Democratic
An Autocratic family business decision-making process will be most affected by bounded rationality.
What does rationality mean?
The quality or state of being rational - that is, being based on or agreeable to reason - is referred to as rationality. It is a key concept in philosophy, economics, and psychology, and it is closely related to the concepts of logical reasoning and sound decision-making. Rationality is defined as the ability to make decisions and make judgments based on logical reasoning and data rather than emotion or instinct. In economics, rationality refers to the notion that all economic actors (consumers, producers, etc.) act in their own self-interest. This concept, known as rational choice theory, is used to explain and predict market and other economic behavior.
What is Economic behavior?
Economic behavior is the study of how people make decisions in order to maximize their economic well-being. It involves the study of how people allocate resources, such as money, time, and energy in order to achieve their desired goals. It also examines how people make decisions regarding risk, uncertainty, and exchange. Economic behavior incorporates both microeconomic and macroeconomic concepts, as well as theories from psychology, sociology, and anthropology.
Therefore the correct option is C. Autocratic
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What exists when a real estate firm or a real estate licensee represents both the seller and the buyer or the landlord and the tenant in the same transaction
When a real estate company or licensee represents both the seller and the buyer or the landlord and the tenant in the same transaction, this is known as dual agency.
Is it possible to act as a buyer and a seller in the same transaction?They cannot give confidential advice and must maintain neutrality and not represent either you or the buyer. By signing an Agreement to Represent Both Buyer and Seller, both parties must give their informed consent for a real estate professional to proceed with transaction brokerage.
When you act as a buyer's or seller's representative, what is it called?When both the buyer and the seller use the same brokerage, this is known as dual agency. It can also happen when a buyer calls the listing agent directly, like through an online listing or a for-sale sign, without having a buyer's agent.
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_____is the practice by which an employer pays wages to workers that are less than what the employer charges the workers for company-provided food and housing. Under such an arrangement, workers can never pay their debts so, for practical purposes, workers are enslaved. Many sweatshop workers in low-income nations fall into this category.
Debt bondage is the practice of paying employees wages that are less than what the employer charges for accommodation and food provided by the employer.
A person who completes particular responsibilities for a company in exchange for regular payment is called an employee. a person who accepts a job as a paid employee from another or from a company, firm, etc. also known as personnel. An employer is a person, business, or other entity that hires workers and compensates them for their labor. Employees are those who are paid to perform labor. Employers provide workers a job. A person who has consented to be employed under the terms of an employment contract is said to be an employee. Your employment status will play a role in determining what obligations and rights you have at work.
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The internal control procedures in Edmiston Company make the following provisions.
Identify the principles of internal control that are being followed in each case.
(a) Employees who have physical custody of assets do not have access to the accounting records.
(b) Each month, the assets on hand are compared to the accounting records by an internal auditor.
(c) A prenumbered shipping document is prepared for each shipment of goods to customers.
Answer choices are:
-Human resource controls
-Physical controls
-Segregation of duties
-Independent Internal Verification
-Doumentation procedures
-Establishment of responsibility
The correct response is for this exercise is segregation of duties. The first instance of segregation of responsibilities, which relates to the obligations of record-keeping and physical possession, is applied.
It is not advisable to allocate the task of managing physical assets to the employee who maintains the accounting records. The six guiding principles of internal control are as follows: attribution of responsibility, division of labour, documenting techniques, Physical controls, Independent internal verification, Human resource controls. The idea of requiring more than one person to finish a task is known as separation of duties (SoD), sometimes known as segregation of duties. Organizations utilize it as an administrative safeguard to thwart security breaches such as fraud, sabotage, theft, and information misuse. As observed in democracies when the government is divided into three independent branches: a legislature, an executive, and a judiciary, it is known as the separation of powers in the political sphere.
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True or False. A single working person may claim themselves as a dependent.
Answer: I think it’s false
Explanation:
Answer:
False
Explanation:
If you don't meet the qualifications to be a qualifying child or qualifying relative, you may be able to claim yourself as a dependent. Think of a personal exemption as “claiming yourself.” You are not your own dependent, but you can potentially claim a personal exemption.
The chief difference between a low-cost leader strategy and a focused low-cost strategy is
A. the size of the buyer group that a company is trying to appeal to
B. the production methods being used to achieve a low-cost competitive advantage
C. the number of upscale attributes incorporated into the product offering
D. the degree of bargaining power that buyers have
E. whether the product is strongly differentiated or weakly differentiated from rivals
The correct answer to the difference between a low-cost leader strategy and a focused low-cost strategy is option A) " the size of the buyer group that a company is trying to appeal to."
When a company concentrates on a certain consumer group and offers inexpensive services and goods, it is said to have a targeted low-cost strategy. They can reduce their costs by concentrating on a small market. They may offer inexpensive prices because they can rely on experience and predictability. A low-cost provider seeks to offer its items at the lowest price while still making a profit in order to draw customers to the market. This is a broad interpretation of the low-cost strategy because these companies want to appeal to a sizable market. Examples of low-cost strategy come to mind very quickly. For instance, Walmart promotes itself as a low-cost supplier. Walmart's catchphrase is "Save money. Live better."
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for this economy to produce a total output of 3 units of capital goods and 13 units of consumer goods, it must:
This economy needs to experience economic growth in order to produce an output of 13 parts of consumer products and 3 units of durable goods.
Explain a consumer.Consumers are defined as everyone who uses goods and services. This isn't quite the case. The term "customer" refers to a person who purchases goods or services. They might eat them or they might not.
What person exemplifies a consumer?Any person or group who uses a product or service to its fullest extent is described to as the consumer. A few examples are as follows: a customer who shells out cash to have them hair trimmed and groomed by a hairstylist. a company that buys a printer for use in its operations.
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What are the positive environmental trends seen today? Many industries are taking measures to reduce the use of {Blank box} -depleting substances and are turning to {Blank box} energy sources though they may seem expensive.First box
Gold
Carbon dioxide
Ozone
One of the positive trends we are seeing in today's businesses is that industries are taking steps to reduce their use of Ozone-depleting substances and are turning to renewable energy sources.
What is Ozone depletion?When chlorine and bromine atoms come into contact with ozone molecules in the stratosphere, they destroy them. Before it is removed from the stratosphere, one chlorine atom can destroy over 100,000 ozone molecules. Ozone can be destroyed faster than it can be created.When chlorofluorocarbons (CFCs) and halons—gases previously found in aerosol spray cans and refrigerants—are released into the atmosphere, they deplete the ozone layer.Although there are several links between ozone depletion and climate change, ozone depletion is not a major cause of climate change. Atmospheric ozone has two effects on the Earth's temperature balance. It absorbs ultraviolet radiation from the sun, which heats the stratosphere.To learn more about Ozone depletion refer to :
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Which expense is a variable cost?
A) hourly wages for a production employee
B) insurance payment
C) monthly rent on a store
D) purchase of a new copy machine
Hourly wages for a production employee. Variable costs are costs that fluctuate with the level of production or sales and can include expenses such as raw materials, packaging, and wages for production employees.
What is Variable costs?Variable costs are costs that change in relation to the amount of goods or services produced. These costs are typically directly related to production and can include the cost of materials, labor, and other related expenses. Variable costs differ from fixed costs, which remain constant regardless of production levels. Variable costs are important to consider when setting a price for a product, as they should be taken into consideration to ensure that the product is profitable. By understanding variable costs, businesses can adjust production levels to ensure that they remain profitable.
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Answer:
A- Hourly wages for a production employee
Explanation:
Correct anser on my test. Hope this was helpful
Next
Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
Reset
Next
banks equity
convertible bond
venture capitalist
The correct answer Finance and Budgeting statement issued a $1,000 security Granted tax incentives improvements - impressed with business plan, Mr. Doyle provided $75,000 secured $100,000 from sale of stock.
What is convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a certain number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option. A convertible bond's price is particularly sensitive to changes in interest rates, the value of the underlying stock, and the issuer's credit rating because it is a hybrid product. For businesses, convertible bonds offer flexible funding options. A convertible bond gives investors access to a hybrid instrument that includes the benefits of both a bond and a stock, including interest payments. The number of shares of stock you may obtain by converting one bond in this bond depends on its conversion ratio. A 5:1 conversion ratio, for instance, indicates that one bond would equal five shares of common stock.
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Capacity in excess of expected demand that is intended to offset uncertainty is a
a. line balance. b. margin protect c. timing bubble. d. capacity cushion. e. positioning hedge.
A capacity cushion is available capacity that is greater than anticipated demand and is meant to account for unpredictability. Bottleneck operations are a sign of unbalanced systems.
What does at capacity mean?
Capacity refers to your ability to do an action or the volume that something can hold. If your bird cage is already full, you cannot cram another feathery companion within without risking the claustrophobia of the bird. Capacity is a noun that simply implies "ability" or "capability"; it comes from the Latin word capacitatem, which means "breadth, capacity." Examples of this include a room's capacity to contain a specific number of people, a law's ability to reduce crime rates, and your capacity to learn new languages. It's possible to hear about factories operating at "full capacity," which refers to operating at maximum efficiency.
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Which of the following priority rules minimizes the average number of jobs in the system?
A.FCFS: First come, first served
B.LPT: Longest processing time
C.SPT: Shortest processing time
D.EDD: Earliest due date
SPT: Shortest processing time is the priority rules that minimizes the average number of jobs in the system.
Option C is correct.
What is the minimum processing time SPT?Fastest Turnaround Time (SPT) The Fastest Turnaround Time rule ranks jobs in ascending order of turnaround time. Each time a machine is released, it will start processing the shortest jobs that are ready at that time. This algorithm is great for finding the minimum total close time and weighted close time.
What are the pros and cons of the minimum turnaround time (SPT) rule?In general, SPT is the best technique for minimizing job flow and minimizing the average number of jobs in the system. The SPT sequence rule shows that jobs take the shortest time to process if they complete first.
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A company's sales clearly represent a source of funds. However, they do not appear on the balance sheet. Why
Not the activity itself as measured by sales, but the balance resulting from the activity is what is displayed on the balance.
I concur with the claim that the company's net income and owner equity statement are both indirectly included in the balance sheet of the business. Since the balance sheet is a statement that details the financial performance or condition of the business at a particular or specific point in time.
Because owner's equity is the capital of the firm as stated in the balance sheet as opposed to net income, which is the result of the income statement and is immediately displayed in the income statement. Retained profits already comprise net income, thus it appears indirectly on the balance sheet.
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_____ is behavior that conforms to generally accepted social norms. a. Ethical behavior b. Maladaptive behavior c. Passive behavior d. Deficit behavior.
Option A is correct. Ethical behavior is behavior that conforms to generally accepted social norms
Ethical behavior is behavior that conforms to generally accepted social norms and values. It is behavior that is considered to be morally right and responsible, and is in line with societal expectations and standards. Ethical behavior is often associated with integrity, fairness, and responsibility. While maladaptive behavior is a pattern of behavior that is not appropriate or effective in dealing with life's demands, passive behavior is a tendency to avoid or withdraw from social interactions, and deficit behavior is a pattern of behavior that is significantly below the standards expected for the individual's age, cultural background, and stage of development.
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What is a conclusion based on evidence in the text?
The term "infer" refers to drawing a logical inference from textual evidence.
The evidence that is currently available backs up this claim. According to epistemology, evidence is what validates beliefs or what makes it rational to hold a specific doxastic attitude. For example, the perception of a tree might be used as proof that there actually is such a thing as a tree. In this approach, evidence is frequently seen as a state of mind. Important questions in this field of study include the nature of these mental states, such as whether they must be propositional and if false mental states can still be used as evidence. Indications in phenomenology.It is frequently taken as proof that the claim being supported is accurate. It depends on the field as to what function evidence fulfills and how it is viewed.
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If the reserve requirement ratio (RR) is 0.20, the simple deposit multiplier is A. 20 B. 10
C. 2
D. 5.
If the reserve requirement ratio (RR) is 0.20, the straightforward deposit multiplier is (d) 5.
What Is the Reserve Ratio?The reserve ratio is the percentage of reservable liabilities that commercial banks are required to keep onto rather than lend to or invest in. The country's central bank—the Federal Reserve in the US—determines this criteria.
The reserve requirement, which is frequently used interchangeably with the reserve ratio, refers to the minimal amount of reserves that a bank must maintain. Regulation D of the Federal Reserve Board outlines the reserve ratio. Regulation D established a set of minimum reserve requirements for all depository institutions with transaction accounts and mandates that banks submit quarterly reports to the
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The Financial Crisis. True or false? (LO2-4) a. The financial crisis was largely caused by banks taking large positions in the options and futures markets. B. The prime cause of the financial crisis was an expansion in bank lending for the overheated
False. The prime cause of the financial crisis was an expansion in subprime mortgage lending for the overheated housing market. Banks had taken large positions in the options and futures markets, but this was not the primary cause of the financial crisis.
What is financial crisis?A financial crisis is a situation in which the value of financial assets unexpectedly drops significantly, resulting in a liquidity crisis. This can occur due to a variety of factors, including economic downturns, changes in interest rates, poor regulation, currency shifts, or large-scale fraud. During a financial crisis, investors may panic and sell off their assets, leading to a rapid devaluation of those assets
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Can you work hard to obtain your goal even though you don't have any driving force anymore?
Answer:
Well, most if they were answering honestly would say no, because the driving force is or is almost always the cause of wanting to achieve a goal. Pretty much the only way to fix that is to get a new driving force or bring back your old one somehow.
I hope that made sense and was a good answer.
________ are professional accountants who serve the general public, not one particular company.
A. certified public accountants
B. certified management accountants
C. cost accountants
D. controllers
certified public accountants are professional accountants who serve the general public, not one particular company. so option A is correct.
What is a Certified Public Accountant referred to as?Chartered Professional Accountant (CPA) Professionals in accounting who are licensed and devoted to defending the public interest are identified by the CPA designation. To help investors better understand the financial health of firms, these experts provide attestation services such as financial statement audits. Within one to two years, CPA-certified accountants rise to jobs with greater responsibility, and within a few years after that, they frequently receive promotions to senior level positions. The time and effort spent studying for and passing your CPA examination will be more than worthwhile after you have done so.
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Can I ask why my rental application was denied?
Yes, you can, however in the state, unless the transaction was for credit purposes, they are not required to tell you.
What is credit?An deal between a borrower and their lender constitutes credit, generally speaking. The term "credit" can also refer to someone or something's creditworthiness or credit score. In addition to reducing costs or increasing revenue, a credit may also raise liabilities or decrease assets.
What is a credit score?A credit score definition. A fico score is a statistical measurement based on credit history that assesses a consumer's creditworthiness. Credit scores are used by lenders to determine the likelihood that a borrower will pay back their debts.
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