Classify each action as expansionary or contractionary monetary policy. Reducing the discount rate. Increasing the federal funds rate. Buying government securities. Increasing the required reserve ratio.
a) Reducing the discount rate - Expansionary
Increasing the federal funds rate - Contractionary
Buying government securities - Expansionary
Increasing the required reserve ratio - Contractionary
b) Reducing the discount rate - Contractionary
Increasing the federal funds rate - Expansionary
Buying government securities - Contractionary
Increasing the required reserve ratio - Expansionary
c) Reducing the discount rate - Expansionary
Increasing the federal funds rate - Expansionary
Buying government securities - Contractionary
Increasing the required reserve ratio - Contractionary
d) Reducing the discount rate - Contractionary
Increasing the federal funds rate - Contractionary
Buying government securities - Expansionary
Increasing the required reserve ratio - Expansionary
Answers
Classify each action as expansionary or contractionary monetary policy.Reducing the discount rate - ExpansionaryIncreasing the federal funds rate - ContractionaryBuying government securities - ExpansionaryIncreasing the required reserve ratio - ContractionaryMonetary policy is the government's strategy for controlling the supply of money in the economy.
The policy decisions of the central bank are a significant aspect of the monetary policy. A country's central bank is in charge of implementing its monetary policy and determining how much money circulates in the economy.Expansionary monetary policy is used by governments to stimulate the economy, whereas contractionary monetary policy is used to reduce inflation.
The following are some of the tools that central banks use to control the economy, as well as whether they are expansionary or contractionary:Reducing the discount rate - ExpansionaryIncreasing the federal funds rate - ContractionaryBuying government securities - ExpansionaryIncreasing the required reserve ratio - ContractionaryTherefore, a) Reducing the discount rate - Expansionary, Increasing the federal funds rate - Contractionary, Buying government securities - Expansionary, and Increasing the required reserve ratio - Contractionary.
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Related Questions
The states that more stringent environmental regulations can increase a firm's efficiency and enhance their market competitiveness. a. aggregate emissions function O b. guy on the corner O C. First Theorem of Welfare Economics O d. Porter Hypothesis
Answers
The concept you're referring to is the Porter Hypothesis, which states that more stringent environmental regulations can increase a firm's efficiency and enhance their market competitiveness. This is because such regulations encourage innovation and drive companies to find more efficient ways of operating, ultimately leading to better performance in the market.
The concept that more stringent environmental regulations can actually increase a firm's efficiency and market competitiveness is known as the Porter Hypothesis. This theory suggests that by forcing companies to find new, innovative ways to reduce their environmental impact, they can actually become more efficient and cost-effective in their operations. This, in turn, can give them a competitive advantage in the market. The Porter Hypothesis is based on the First Theorem of Welfare Economics, which suggests that well-designed regulations can actually improve economic efficiency. To quantify the relationship between emissions and a firm's efficiency, economists use an aggregate emissions function. However, it's important to note that not everyone agrees with the Porter Hypothesis, and some argue that environmental regulations can actually harm a firm's competitiveness. So while it's an intriguing idea, it's not universally accepted. And as for "the guy on the corner," I'm not sure what you're referring to!
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what is networking why is useful when looking for a job
Answers
Answer:
Career networking involves using personal, professional, academic or familial contacts to assist with a job search, achieve career goals, learn more about your field, or another field you'd like to work in. Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Explanation:
Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
uppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than %. a mutual-fund rating agency randomly selects months and determines the rate of return for a certain fund. the standard deviation of the rate of return is computed to be %. is there sufficient evidence to conclude that the fund has moderate risk at the level of significance? a normal probability plot indicates that the monthly rates of return are normally distributed.
Answers
SD refer to a measure of how spread out the data are about the mean. A low standard deviation means that the data are clustered around the mean, and a high standard deviation means that the data are more scattered.
Standard deviation is a measure of the amount of variation or spread in a set of values. A low standard deviation indicates that the values tend to be closer to the mean (also called mean) of the set, while a high standard deviation indicates that the values are more spread out.The standard deviation is sometimes abbreviated SD and is most commonly represented in mathematical texts and equations by the lowercase Greek letter σ (sigma) for the population standard deviation or the Latin letter s for the sample standard deviation.The standard deviation of a random variable, sample, population, dataset, or probability distribution is the square root of its variance. This is algebraically simpler than the mean absolute deviation, but is actually less robust A useful property of the standard deviation is that, unlike the variance, it is expressed in the same units as the data.The standard deviation of a population or sample and the standard error of a statistic (such as the sample mean) are distinct but related. The standard error of the sample mean is the standard deviation of a series of means obtained by taking an infinite number of replicate samples from a population and calculating the mean of each sample. The standard error of the mean is equal to the population standard deviation divided by the square root of the sample size and is estimated using the sample standard deviation divided by the square root of the sample size. For example, the standard error of a survey (reported as the survey error bar) is the expected standard deviation of the estimated mean if the same survey were performed multiple times. The standard error thus estimates the standard deviation of the estimate and itself measures how dependent the estimate is on a particular sample taken from the population.In science, it is common to report both the standard deviation of data (as a summary statistic) and the standard error of an estimate (as a measure of the potential error of the result). By convention, only effects that are more than 2 standard errors from zero expectation are considered "statistically significant". This is actually a safeguard against false conclusions due to random sampling errorLearn more about SD
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Prepare journal entries to record these transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
(a) Wildhorse Co. retires its delivery equipment, which cost $52,420. Accumulated depreciation is also $52,420 on this delivery equipment. No salvage value is received.
(b) Assume the same information as in part (a), except that accumulated depreciation for the equipment is $36,090 instead of 52,420.
No.
Account Titles and Explanation
Debit
Credit
(a)
enter an account title to record the transaction a
enter a debit amount
enter a credit amount
enter an account title to record the transaction a
enter a debit amount
enter a credit amount
(b)
enter an account title to record the transaction b
enter a debit amount
enter a credit amount
enter an account title to record the transaction b
enter a debit amount
enter a credit amount
enter an account title to record the transaction b
enter a debit amount
enter a credit amount
Answers
The journal entry can be prepared in the following manner-
(a) Account Titles and Explanation
Debit
Credit
Debit is an accounting term that refers to an entry made on the left-hand side of a general ledger account.
It represents an increase in assets, expenses, or dividends, or a decrease in liabilities, revenues, or equity. In double-entry bookkeeping, each transaction has equal and opposite debit and credit entries, which ensure that the accounting equation remains balanced. Debits and credits are fundamental concepts in accounting, and understanding them is essential for anyone involved in financial reporting or analysis.
Accumulated Depreciation - Delivery Equipment
52,420
Delivery Equipment
52,420
(b)
Account Titles and Explanation
Debit
Credit
Accumulated Depreciation - Delivery Equipment
36,090
Loss on Retirement of Delivery Equipment
16,330
Delivery Equipment
52,420
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Sue says that customers are "expecting a whole lot more for their dollars so the level of customer service has to be that much better and the level of our offerings has to match their expectations". Sue decides to send an email survey to current customers to discover what additional services Camp Bow Wow might offer. Based on the results, Sue intends to implement new services. This is an example of: A. Applied research B. Basic research C. Fact finding D. Development and implementation
Answers
Answer:
A. Applied research
Explanation:
Applied research is defined as a study that is aimed at finding answers to specific practical problems. The information.gained from applied research is usually applied to business activity to improve a product, service, or process.
In the given scenario Sue sends an email survey to current customers to discover what additional services Camp Bow Wow might offer. Based on the results, Sue intends to implement new services.
She is using applied research to gain information that will improve customer service in the organisation
Genera 5
3
Select the correct answer.
Which relationship is possible when two tables share the same primary key?
O A one-to-one
ОВ.
one-to-many
OC. many-to-one
OD. many-to-many
Reset
Next
Answers
Question:
Which relationship is possible when two tables share the same primary key?
Explanation:
One-to-one relationship.
A firm can sell 10 units if the price is $100 and can sell 8 units if the price is $125. at the midpoint between these two prices, what is the elasticty of demand?
Answers
The elasticity of demand is -1 with 8 units being sold at $125 and 10 units at $100.
What is demand?The quantity of a good that consumers are willing and able to buy at various prices at a specific time period and location is known as demand in economics. The demand curve is another name for the relationship between price and quantity demand. Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, convenience, alternatives offered, buyer preferences and disposable money.Δ in Quantity = \(\frac{difference in unit sold}{Average}\) = \(\frac{8-10}{\frac{8+10}{2} }\) = \(-0.22\)
Δ in Price = \(\frac{difference in price}{average}\) = \(\frac{125-100}{\frac{125+100}{2} }\) = \(0.22\)
Therefore, Elasticity = \(-1\)
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if hoboken industries is able to obtain part mr24 from an outside supplier at a unit purchase price of $12.875, what is the monthly usage at which it will be indifferent between purchasing and making part mr24?
Answers
If the monthly usage of part MR24 is approximately 2,285 units or higher, Hoboken Industries would be indifferent between purchasing and making the part.
To determine the monthly usage at which Hoboken Industries will be indifferent between purchasing and making part MR24, we need to compare the cost of purchasing the part from an outside supplier with the cost of producing it internally. Let's assume the following costs for producing part MR24 internally:
Direct materials cost per unit: $4.50
Direct labor cost per unit: $2.75
Variable overhead cost per unit: $1.25
Fixed overhead cost per month: $10,000 (this is the monthly cost regardless of the production quantity)
The total cost of producing one unit of part MR24 internally can be calculated as follows:
Total Cost = Direct materials cost + Direct labor cost + Variable overhead cost + (Fixed overhead cost / Monthly production quantity)
To find the monthly usage at which Hoboken Industries is indifferent between purchasing and making part MR24, we need to set the total cost of producing internally equal to the unit purchase price from the outside supplier. Let's denote the monthly production quantity as Q.
Total Cost = $4.50 + $2.75 + $1.25 + ($10,000 / Q)
$12.875 = $4.50 + $2.75 + $1.25 + ($10,000 / Q)
Simplifying the equation:
$12.875 - $8.50 = $10,000 / Q
$4.375 = $10,000 / Q
Now we can solve for Q:
Q = $10,000 / $4.375
Q ≈ 2,285
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What is an economy?
Answers
Answer: LOOK
Explanation:LOOK
You win the lottery and can have $300,000/year for life or $8.0 million today. which would you choose? what went into your decision?
Answers
According To the Scenario Given,
Sum per year x rate equals the present value of eternity.
Present value of perpetuity = amount per year / rate
Therefore, in order to pick one choice, its current value must be greater than that of the other option.Hence,
To select eternity, enter 300000 / rate > 8000000
rate < 300000 / 8000000 \s =>
Rate < 3.750 %Therefore, if the rate is below 3.750%, one would prefer 300000 year rather than the 8 million that exist presently.
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The federal government has categorized all careers into career clusters. How many career clusters are there?
16
20
13
10
Answers
Answer:
16
Explanation:
Chad bought a cabin in the mountains for $45,000. He repaired the furnace, redecorated the interior, and repainted the exterior. All of this work totaled just over $7,000. When he tried to resell it, the best offer he got for his cabin was $48,500. Which principle of valuation does this scenario exemplify
Answers
The principle of valuation that the scenario exemplifies is called the principle of contribution.
Data and Calculations:
Cost of cabin = $45,000
Maintenance cost = $7,000
Resale value = $48,500
Shortfall in investment cost = $3,500 ($48,500 - $45,000)
The principle of contribution states that the worth of an improvement is the market value of the entire property, despite the cost of the improvement. If Chad wanted to make some profit on the sale, he should not incur more maintenance cost than the market is ready to accept.
Thus, the principle of valuation that the scenario exemplifies is called the principle of contribution.
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Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 250 Units sold 225 Units in ending inventory
Answers
Answer:
Units in ending inventory is 25
Explanation:
The units in ending inventory can be computed using the cost of goods sold formula and rearranging it to make ending inventory the subject of the formula.
Cost of goods sold=beginning inventory+units produced-ending inventory
ending inventory=beginning inventory+units produced-Cost of goods sold
beginning inventory is 0
units produced is 250 units
unit sold is 225 units
ending inventory=0+250-225
ending inventory=25 units
Underline the two items that are affected.
State whether each item is increasing or decreasing.
1.Sold office machinery for cash
2. Bought motor lorry for cash
3. Sold motor lorry for cash
4. Bought motor van by cheque
5. Bought office furniture by cheque
Answers
2. Increase in machinery (motor lorry) , decrease in cash
3. Decrease motor lorry, increase cash
4. Increase machinery and equipment, increase in accounts payable
5. Increase in office furniture , increase in accounts payable
A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).
Answers
Answer:
Comedy as a Profession is a great example.
Explanation:
The science of it is related to the psychology of what makes people laugh.
If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.
To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.
A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.
As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.
There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.
Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.
Cheers!
what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answers
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
30 POINTS :D
If someone you don't know asks where you go to school, what should you do?
A. Don't respond
B. See if they're a friend of a friend
C. Ask why they want to know
D. Lie to them
Answers
16-1 Application Problem
Journalizing adjusting entries
A partial work sheet for Cellar Books, Inc. , for the year ended December 31 is given in the Worleing Papers,
Instructions:
1. Record the appropriate adjusting entries on page 22 of the general journal provided in the Working
Papers. Use December 31 of the current year as the date.
Answers
The general journal provided in the Working Papers Close the income statement accounts with credit balance is
Journal entry:
Income Statement Account Credit
Income Summary Debit
The first step in journalizing closing entries is to close the income statement accounts with a credit balance.
Next, we need to close the income statement accounts with debit balances. These accounts include expense accounts and any losses incurred during the accounting period.
Journal entry:
Income Summary Credit
Income Statement Account Debit
Now, we have transferred all income and expense account balances to the Income Summary account.
Journal entry:
Income Summary Debit
Retained Earnings Credit
Lastly, we need to close the dividend account. The dividend account represents the amount of dividends paid to shareholders during the accounting period.
Journal entry:
Dividend Account Credit
Retained Earnings Debit
Once we have completed these closing entries, all income and expense accounts will have a zero balance, and the Retained Earnings account will reflect the net income or net loss for the accounting period
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Complete Question:
Journalizing closing entries Use the partial work sheet for Cellar Books, Insvest in.
Problem 1-1. Instructions
Prepare the following closing entries on page 23 of the general journal provided in the Working Papers Close the income statement accounts with credit balance
Which of the following are benefits of decentralization? A manager of a division has greater decision making control over his/her division. Coordination among autonomous managers is highly effective.
Answers
Two benefits of decentralization are greater decision-making control for division managers and highly effective coordination among autonomous managers.
Decentralization refers to the distribution of decision-making authority and responsibility to lower levels within an organization. One of the benefits of decentralization is that division managers have greater control over decision-making in their respective divisions. This allows them to tailor decisions and strategies to the specific needs and circumstances of their division, leading to more efficient and effective operations.
Another benefit of decentralization is the effective coordination among autonomous managers. When decision-making authority is delegated to different managers or departments, they can make decisions independently based on their expertise and knowledge. This autonomy fosters quick decision-making, adaptability, and innovation. Additionally, decentralized managers can coordinate and collaborate with each other to ensure alignment and synergy across different divisions or units.
Overall, decentralization empowers division managers, promotes effective decision-making, and enhances coordination among autonomous managers, leading to improved organizational performance and responsiveness to market conditions.
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for the courts to find a nondisclosure of a material fact to be equated with and have the same legal effect as a false assertion, the following elements must be present. (check all that apply.)
Answers
To find a nondisclosure of a material fact to be equated with a false assertion, the following elements must be present:
1. The party with the information must have a duty to disclose it.
2. The information must be material to the transaction or agreement at hand.
3. The party with the information must have known that the other party was not aware of the information and could not have discovered it through reasonable diligence.
4. The other party must have relied on the nondisclosure in making their decision.
In essence, if someone intentionally withholds important information that would have impacted the decision-making process of the other party, and that party relied on the incomplete information in making their decision, then the nondisclosure can be treated as though it was a false assertion. This is because the incomplete information caused harm or damage to the other party, who relied on the party with the information to provide all relevant details. The courts can then hold the party with the information liable for any damages caused by the nondisclosure.
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Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answers
Answer:
It's A.
Explanation:
A ledger account is divided into. *
2 points
2 parts
3 parts
4 parts
5 parts
14 parts
Which of the following transactions involves contra entry? *
2 points
Bank charges
Cash sales paid into the bank
Paid cash into the bank
Withdrew cash from the bank for private use
Putting it in one's pocket
The main book of account is the *
2 points
petty cash book
journal
purchases book
ledger
none of the options
The following keys are found in both the computer and typewriter except *
2 points
back space
delete key
home row keys
space bar
number lock key
Which of the following analyses cash expenses into various sub-heads? *
2 points
Double column cash book
Multiple cash book
Petty cash book
Single column cash book
Quadruple column cash book
“Continue with the preceding one” is represented with which of these symbol signs in manuscript? *
2 points
L. c
B. U. c
insert
Run on
go away
How many columns has the simplest form of a ledger? *
2 points
2
4
6
8
12
When typing a document in a hanging paragraph, the second and subsequent lines are type in how many space/s to the right of the first line? *
2 points
One
Two
Three
Five
Four
A memorandum should not contain *
2 points
date and reference
date and subject
salutation and address
name and date
subject, date and reference
The source document that is used to prepare the petty cash book is called *
2 points
invoice
debit note
receipt
petty cash voucher
cash booklet
Answers
Answer:
1) 2 parts
2) withdrew cash from Bank for personal reasons
3) ledger
4) delete key
5) petty cash book
6) run on
7) 4
8)three
9) date and subject
10) receipt
In one week, Jill works at
Starbucks for 15 hours and is
paid $12 per hour. She earns
another $20 in tips. Jill also
works at a basketball referee at
the Kroc Center for 10 hours as
a pay rate of $11 per hour.
Jill's dad is a car mechanic and
Jill earns a 10% commission on
the first service for any new
customer she sends to her
dad's shop. Her dad did a
$1,000 brake job for a new
customer Jill sent to him.
What is Jill's gross income for
this week?
Answers
Answer:
$410
Explanation:
In one week, Jill works at Starbucks for 15 hours and is paid $12 per hour. She earns another $20 in tips. Jill also works at a basketball referee at
the Kroc Center for 10 hours as a pay rate of $11 per hour. Jill's dad is a car mechanic and Jill earns a 10% commission on the first service for any new customer she sends to her dad's shop. Her dad did a $1,000 brake job for a new customer Jill sent to him. What is Jill's gross income for this week?
starbucks: (15 * 12) + 20 = $200
krock center: 10 * 11 = $110
commission: 1,000 * 0.10 = $100
200 + 110 + 100 = $410
When considering risk response development, passing risk to another party instead of changing it is known as ____________ the risk.A. diminishingB. avoidingC. escalatingD. transferringE. retaining
Answers
When considering risk response development, passing the risk to another party instead of changing it is known as transferring the risk. Option D is the correct answer.
The main objective of the risk response is to get the risk to an acceptable level or to eliminate the risk. The identified risk is then evaluated using a qualitative or quantitative approach, and risk response planning takes place. The response plan outlines how the risk will be addressed. The purpose of the plan is to identify the actions that will be taken to mitigate, eliminate, transfer, or accept the risk. Risk transfer is one of the strategies employed in the risk response plan.
Risk transfer is a risk mitigation technique in which the risk is shifted from one entity to another. The ownership of the risk is shifted to a third party or a contractual arrangement. An insurance policy is one of the most prevalent examples of transferring risk. An organization can obtain insurance coverage to transfer risk. If a company is concerned about the financial impact of losing a key staff member, for example, it might buy key person insurance to offset the financial loss in the event of a death or disability.
Option D is the correct answer.
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20 points
Joshua is the junior accountant of a construction company. He pays rent for its office building for the month of January. He credits the bank account and debits the rent account. What will be the change in the balance sheet on account of this transaction? A. total current liabilities increase
B. total current assets decrease
C. total fixed assets increase
D. long term liabilities decrease
E. total current liabilities decrease
Answers
Answer:
Hi!
The correct answer is E. total current liabilities decrease.
When Joshua credits the bank account and debits the rent account, it means that the company paid rent for its office building. Rent is considered an expense and is recorded as a debit to the rent account. At the same time, the bank account is credited, which means that money has been paid out of the account. This transaction will result in a decrease in the company's total current liabilities because rent is considered a current liability. Current liabilities are debts that are due within a year or less. By paying the rent for January, the company has reduced its current liabilities, resulting in a decrease in the total amount of money owed by the company in the short term.
hope this helps!
Which statement best describes one way businesses participate in the
circular flow of goods?
A. Businesses trade goods between product and resource markets.
B. Businesses provide revenue to households that sell products.
C. Businesses create goods for product markets to sell.
D. Businesses provide the labor that works in resource markets.
Answers
Businesses create goods for product markets to sell is the statement best describes one way businesses participate in the circular flow of goods. Hence, option C is correct.
What is circular flow of goods?The circular flow of goods shows the distribution of the goods and services between the production and households.
It is the never ending process of the circular flow between expenditure, income, production of goods and services.
Thus, option C is correct.
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Answer:
C. Businesses create goods for product markets to sell.
Explanation:
difference between luna and sol?
Answers
Sol- sun
The difference of luna and sol would be that the moon (luna) comes out in the night and the sun (sol) comes out during the day
Hope this helps!!!!!!!
Why might you be at a disadvantage if you choose not to keep your money in a bank?.
Answers
________ include banks, credit companies, insurance companies, and other businesses that help insure against the risks associated with the buying and selling of goods.
Answers
Financial intermediaries include banks, credit companies, insurance companies, and other businesses that help insure against the risks associated with the buying and selling of goods.
Financial intermediaries play a crucial role in the economy by facilitating the flow of funds between different parties. They act as intermediaries between savers and borrowers, helping to channel funds from those who have surplus funds to those who need them for various purposes, such as investment or consumption.
Banks accept deposits from individuals and businesses and provide loans and credit to borrowers. Credit companies offer financing options to consumers for purchasing goods and services. Insurance companies provide coverage against potential risks, such as property damage, liability, or loss of life or income. These intermediaries help individuals and businesses manage financial risks and protect against unforeseen events.
Overall, financial intermediaries contribute to the stability and efficiency of financial markets, providing essential services that support economic growth and development.
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Answer this question before making any changes to spending percentages. According to the 2012 budget, which two functions received the least spending?.
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The two functions that received the least spending according to the 2012 budget were transportation and natural resources and the environment.
According to the 2012 budget, the two functions that received the least spending were transportation and natural resources and the environment. The U.S. government allocated approximately $98 billion in total to transportation and natural resources and the environment.
The total budget of $3.8 trillion included the following spending percentages: Social Security, Unemployment, and Labor: 33 percent Medicare and Health: 26 percent Defense and International Security: 19 percent Net Interest: 6 percent Transportation: 3 percent Natural Resources and Environment: 2 percent Science, Energy, and Technology: 2 percent Agriculture: 1 percent Commerce and Housing Credit: 1 percent Education, Training, Employment, and Social Services: 1 percent Veterans Benefits: 1 percent Justice: 1 percent General Government: 1 percent.
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