Audit procedures designed to uncover credit sales made after the client's fiscal year-end that relate to the current year being audited provide evidence for which of the following audit objectives?A) realizable valueB) accuracyC) cutoffD) existence

Answer:

A.)

Explanation:

two or more connected computers

The group that advocates economies that neither grow nor shrink but remain stable is c. ecological economists.

Ecological economists focus on the interdependence between the economy, society, and the environment. They recognize the limitations of natural resources and aim to promote sustainable economic growth that does not harm the environment. Ecological economists advocate for a steady-state economy, where the size of the economy is maintained through a balance of inputs and outputs and a stable population.

This approach is in contrast to neoclassical economists who believe that economic growth is necessary for progress and prosperity. Classical economists focused on the efficient use of resources, while subsistence gatherers aim to meet basic needs and live off the land. In summary, ecological economists advocate for a steady-state economy, where economic growth is balanced with the environment, natural resources, and societal needs. The correct option is c. ecological economists.

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The journal entries for Taco King's lease agreement with Fogelman Properties can be prepared as follows:On January 1, 2024, Taco King would record the lease commencement by debiting the Lease Asset account and crediting the Lease Liability account.

The Lease Liability would be calculated based on the present value of the minimum lease payments, discounted at the interest rate of 4%. The Lease Asset would be recognized for the same amount.

On January 1, 2024:

Journal entries:

Lease Asset $XXX

Lease Liability $XXX

The Lease Asset and Lease Liability accounts are both debited and credited for the present value of the minimum lease payments. The present value is calculated using the formula:

PV = Minimum Lease Payments / (1 + Interest Rate) ^ Number of Periods

PV = $400,000 / (1 + 0.04) ^ 40 (10 years * 4 quarters)On April 1, 2024:

Journal entries:

Lease Payment $19,800 ($660,000 * 3%)

Cash $19,800

Lease Liability $400 ($19,800 - $19,400)

Interest Expense $400

Lease Liability $19,400 ($19,800 - $400)

Lease Asset $19,400

The Lease Payment is calculated as 3% of the sales revenue ($660,000), which equals $19,800. Since this amount exceeds the minimum sales threshold of $400,000, the full payment is made.

The Lease Liability is reduced by $19,400, while the remaining $400 is recorded as Interest Expense. The Lease Asset is also reduced by $19,400 to reflect the amortization of the lease.

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Answer:

Pay for what?

Explanation:

Most things require you to pay a fee.

The retail price of the jacket is $99.99.

The retail price can be defined as the final price that a good is sold to customers for, those being the end users or consumers and this means that those customers do not buy the product to re-sell it but to consume it. Retail price is not similar to the manufacturer price and distributor price, which are prices set from one seller to another through the supply chain. In competitive, free markets, the final seller or retailer sets the retail price considering costs as well as supply and demand conditions.

When setting the price, the retailer will try to obtain an appropriate profit margin but at the same time to show an attractive price in comparison to competitors. The manufacturer can recommend a retail price in order to have some influence in the decision and thus to guarantee a price aligned to the marketing strategy.

A retail price is the cost paid for a good at retail stores.

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The term that is used to describe the communication between a buyer and seller in which the seller's goal is to influence the buyer to make a purchase is Personal selling.

What Exactly Is "Personal Selling"?

Personal selling, usually referred to as face-to-face selling, is the process of one salesperson persuading a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.

Personal selling is a face-to-face sales strategy where a salesman uses their people abilities to convince a consumer to purchase a specific product. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities. However, the goal of personal selling is not always to convince a client to purchase a product. Frequently, businesses attempt to adopt this strategy.

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Answer: Product layout

Explanation: Layout design in a manufacturing sense refers to an adopted sequence or arrangement used for production process usually depending on the type, nature or other considerable factors attached to the production process.

In the scenario above, the layout design adopted by Robin's pizzeria is the product layout design as it involves a sequential arrangement of equipments required in the production process. The arrangement is made in order of production such that it allows for a repetitive operational flow without much hassle.

Given this scenario describe in he question, it can be inferred that Robin's pizzeria uses a Product layout

Product layout entails a product process where the equipment and machines are arranged according to the sequence of operations of the product

Here, the layout design adopted by Robin's pizzeria is the product layout design because it involves the sequential arrangement of equipment required in the production process.

This type of layout is beneficial because it allows for a repetitive operational flow without much hassle.

Therefore, the answer is known as Product layout.

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Rapid population increase may lower economic prosperity by lowering the amount of capital available to each worker, which is true of the statement.

The stock of financial and physical assets, including as cash, property, machinery, and other equipment, that can be used to produce goods and services is referred to as the amount of capital. Capital is a crucial component of production, and both its quantity and quality have an impact on the economy's productivity and efficiency. A sufficient amount of capital accumulation encourages economic growth by raising investment levels and the capacity to generate new jobs. On the other side, insufficient capital accumulation may limit economic growth, especially in less developed nations where a lack of financial resources and infrastructure can obstruct capital formation. Successful capital accumulation policies and tactics can support long-term economic growth and development.

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The correct answer is 3) storage

Explanation:

In technology, storage refers to the amount of information a system, program, or similar can record and save. This factor is especially important when businesses or companies need to keep a lot of information from sales, inventory, and similar. This occurs in the case of the pet supply company because it is explained they need a technological system to "track their large  inventory and keep customer sales records", therefore their priority will be to record and save their information or the storage in the system.

Answer:

c

Explanation:

c

The market demand curve for good x is the sum of the individual demand curves of the two consumers. Adding the given demand curves q = 10 – 0.10p and q = 5 – 0.10p together, we get the market demand curve q = 15 – 0.20p.

To find the market demand curve, we need to sum up the quantities demanded by each individual consumer at different price levels. Given that the demand curves for the two consumers are q = 10 – 0.10p and q = 5 – 0.10p, where q represents quantity demanded and p represents price, we can add these two equations together to obtain the market demand curve.

Adding the equations q = 10 – 0.10p and q = 5 – 0.10p, we get:

q + q = (10 – 0.10p) + (5 – 0.10p)

2q = 15 – 0.20p

Dividing both sides of the equation by 2, we have:

q = (15 – 0.20p) / 2

Simplifying further, we get:

q = 15/2 – 0.10p

This is the market demand curve for good x. It shows the relationship between the quantity demanded (q) and the price (p) in the market, taking into account the demand behavior of both consumers. As the price decreases, the quantity demanded in the market increases according to this equation.

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This statement "artworks that give identity to the human experience are relatively modern and isolated to a few cultures." is not entirely accurate.

Artworks that reflect the human experience have been created across various cultures and throughout history.

Ancient civilizations such as the Greeks and Egyptians created art that depicted their religious beliefs and societal values. Similarly, indigenous cultures around the world have a rich history of creating art that reflects their cultural identity and experiences.

Furthermore, modern and contemporary art also explores themes of identity and the human experience, and can be found in various cultures around the world.

While certain cultures may have a more visible or celebrated tradition of creating art that reflects their identity, it is not accurate to say that it is isolated to a few cultures or is a modern phenomenon.

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This is a question on Entrepreneurship. The two sectors where Mama Meals plays are:

Yes. Business plans are essential for laying out the long-term goals of a business.

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Answer: Marketing is an organizational function and a set of business activities designed to make profits.

Explanation:

Answer:

All methods of reaching and attracting potential customers.

Explanation:

This is because marketing is the practice of getting customers.

Given the demand and required amount, the lead time is 9 days.

To find the lead time, we need to know how long it takes for the required amount of 90 items to be fulfilled based on a daily demand of 10 items.

Lead time is calculated by dividing the required amount by the daily demand:

Lead Time = Required Amount / Daily Demand

Thus, in this case, the lead time would be:

Lead Time = 90 / 10 = 9 days

Therefore, it would take 9 days to fulfill the required amount of 90 items based on a daily demand of 10 items. Answer: 9 days.

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Answer:Firms will face perfectly elastic demand curves only if their products are perfect substitutes for the products of other firms.

Explanation:

Answer:Why does the demand curve facing a monopolistically competitive firm slope downward in the long run, even after the entry of new firms?

Explanation:

The balanced scorecard relies on four processes to bind short-term activities to long-term objectives - Translating the vision, Communicating and linking, Business planning, Feedback and learning.

A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance various internal business activities and the results they have on the outside world. Balanced scorecards are a widespread tool used by businesses in the United States, the United Kingdom, Japan, and Europe to measure and provide feedback to organisations. In order to provide quantitative results, data collecting is essential because managers and executives must acquire and analyse the data. The decision-making of company personnel for the future of their organisations can be improved with the help of this knowledge.

The balanced scorecard was initially developed by business leader and theorist Dr. David Norton and accounting professor Dr. Robert Kaplan. It was initially published in 1992 in the Harvard Business Review article "The Balanced Scorecard—Measures That Drive Performance."

The 4 activities are:

1.  Translating the vision

2. Communicating and linking

3. Business planning

4. Feedback and learning

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a) Manchester United Soccer Club (MUSC) is taking on a project to organize its own summer invitational soccer tournament to generate revenue. This project is aimed at raising funds to refurbish and expand the number of soccer fields at the Rock Rimmon soccer complex and to augment the club’s scholarship program.

b) Manchester United Soccer Club’s situation can be analyzed in line with the project management process as follows:
- Project initiation: The club’s board of directors decided to sponsor a summer invitational soccer tournament to generate revenue.
- Project planning: Nicolette Larson was elected as tournament director and organized the first meeting of the Manchester United Tournament Organizing Committee to brainstorm what needed to be done to pull off the event. The committee came up with several ideas and suggestions.
- Project execution: The committee will need to carry out the plans they have developed, such as contacting local colleges for fields, screening teams, finding referees, and seeking corporate sponsors.
- Project monitoring and controlling: The committee will need to keep track of progress and make necessary adjustments to ensure that the project stays on track and within budget.
- Project closure: The tournament will be held and the club will use the funds raised to achieve its objectives.

c) The major stakeholders of the Manchester United Soccer Club are:
- Board of directors: who decided to sponsor the tournament and oversee its progress.
- Tournament Organizing Committee: who will plan and execute the tournament.
- Players and families: who will participate in the tournament and benefit from the club’s scholarship program.
- Local colleges: who may provide fields for the tournament.
- Corporate sponsors: who may contribute funds to the tournament.
- Referees: who will officiate the games.

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Answer: The U.S. Treasury Series I Savings Bonds are 30-year instruments whose interest rate is reset every six months and are a way to help protect one from inflation. The rate is a combination of an inflation calculation over a six-month timeframe and a fixed rate determined by the Treasury Secretary. With inflation increasing this year to multi-decade highs, the inflation calculation for I Bonds bought until April 30, 2022, pay 7.12% for six months.

Explanation: i hope this helps :)

The manufacturing (production) lead time and manufacturing cycle efficiency (MCE) for the two decision alternatives are as follows:

Manufacturing lead time:

Current Process: 7 hours and 20 minutes (4 hours + 40 minutes + 80 minutes + 2 hours)

After Process Improvements: 3 hours and 45 minutes (1 hour + 5 minutes + 20 minutes + 75 minutes)

Manufacturing cycle efficiency (MCE):

Current Process: 40% (2 hours / 5 hours)

After Process Improvements: 75.6% (75 minutes / 3 hours and 45 minutes)

The manufacturing lead time represents the total time required for the manufacturing process, including wait time, inspection, moving, and processing activities. The current process has a longer lead time compared to the process after improvements.

The manufacturing cycle efficiency (MCE) is a measure of how efficiently the manufacturing process utilizes its available time. It is calculated by dividing the processing time by the total manufacturing lead time. The higher the MCE, the more efficient the process is. In this case, the process after improvements has a higher MCE, indicating improved efficiency compared to the current process.

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Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard of a direct material per unit of output.

The cost of direct materials, which may be easily recognised with the unit of production. In the manufacture of light bulbs, for example, the cost of glass is a direct material cost. Material was required as the primary component in the creation of items or goods.

Direct material refers to the physical components of a product. A baker's direct materials, for example, include flour, eggs, yeast, sugar, oil, and water. The direct materials concept is utilised in cost accounting, where this expense is categorised independently in various types of financial analysis.

Direct materials are those that are essential to the manufacturing process and can be traced back to the specific product manufactured.

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Answer:

license

Explanation:

Answer:

the fixed factory overhead volume variance is $500 unfavorable

Explanation:

The computation of the fixed factory overhead volume variance is shown below:

Fixed factory overhead volume variance

= (6,000 × 1.5 - 10,000) × $0.50 per hour

= (9000 - 10000) × $0.50

= $500 Unfavorable

Hence, the fixed factory overhead volume variance is $500 unfavorable

Therefore the last option is c

True. The opportunity cost of purchasing the car is $12,000, and the opportunity cost of using the car is the difference between the initial purchase price ($12,000) and the reduced resale value ($9,000), which is $3,000.

The opportunity cost refers to the value of the next best alternative foregone when making a choice. In this case, the opportunity cost of purchasing the car is the cost of the car itself, which is $12,000. By choosing to purchase the car, you are giving up the opportunity to use that $12,000 for any other purpose or investment.

The opportunity cost of using the car can be calculated by considering the difference between the initial purchase price and the reduced resale value. In this scenario, the car's resale value falls to $9,000 after driving it off the lot, indicating a reduction in value. Therefore, the opportunity cost of using the car is the difference between the initial purchase price ($12,000) and the reduced resale value ($9,000), which is $3,000. This represents the value that could have been retained or gained if the car had not depreciated in value.

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Answer:

Wages in china might have risen 14% in 2012 and probably continued to rise since then, but they are very low compared to western countries, which allowed them to become a manufacturing center, But at the same time, Chinese wages are very high compared to the wages in other southern Asian countries, specially India, Indonesia, Thailand, Vietnam, which are also considered manufacturing centers.

In countries with large and very poor populations, low wages represent low production costs. As wages increase, there will be a gap between western countries and China, but there will also be a gap between China and other Asian countries. As manufacturing costs increase in one country, many factories will be moved to other countries with lower manufacturing costs.

Answer:

Rising wage rates​ increase the cost of production​ and, with no change in​ productivity, China's supply of manufactured goods will decrease

Explanation:

Rising wage rates increase the cost of production​ and, with no change in​ productivity, China's supply of manufactured goods will decrease.

Kia's decision to locate a manufacturing facility in the United States was a good business move. In 2009, the company opened its first manufacturing plant in West Point, Georgia.

This plant produced the Kia Sorento and provided employment opportunities for the local residents. Kia's decision was driven by the need to reduce costs and increase its market share in the United States.The benefits of having a manufacturing facility in the United States are numerous. Firstly, it allowed Kia to avoid import taxes and tariffs, which reduced the cost of its vehicles. Secondly, the facility allowed Kia to be more responsive to changes in demand. The plant's location enabled the company to distribute vehicles quickly and efficiently to customers in the United States. This was a major advantage over its competitors, who had to transport their vehicles from overseas factories.Kia's decision to locate a manufacturing facility in the United States also had a positive impact on the local economy. It provided employment opportunities for the local residents, which reduced the unemployment rate. Additionally, it led to the creation of other businesses, such as suppliers and service providers, which supported the plant's operations.In conclusion, Kia's decision to locate a manufacturing facility in the United States was a good business move. It allowed the company to reduce costs, increase its market share, and be more responsive to changes in demand. Furthermore, it had a positive impact on the local economy by providing employment opportunities and creating other businesses.

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She is acknowledging the dependencies that have existed throughout time as she considers whether or not to enroll in yet another economics course .

One of the concepts in economics is dependency, which refers to the relationship between economic actors and economic expansion as well as between economic and non-economic factors. Additionally, this idea can be utilized to comprehend upcoming events. We can see in the illustration provided in the preceding question that Diane is enrolling in economics courses with the intention of completing the prerequisites for subsequent economics courses. As a result, Diane is aware that dependencies persist over time.

Diane Jacobs, a student majoring in economics, is planning her schedule for the upcoming semester. She is acknowledging the dependencies that have existed throughout time as she considers whether or not to enroll in yet another economics course and how to fulfill the prerequisites for subsequent economics courses.

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Answer:

Personal Selling

Explanation:

Personal selling is a one on one sales pitch

Answer:

at the end

Explanation:

Adjusting entries are made at the end of an accounting period after a trial balance is prepared to adjust the revenues and expenses for the period in which they occurred.