Coronado Security Company provides security services. Selected transactions for Coronado are as follows. Oct. 1 Invested $65,000 cash in the business. 2 Hired part-time security consultant. Salary will be $3,000 per month. First day of work will be October 15. Paid one month of rent for building for $3,000. 4 7 Purchased equipment for $16,000, paying $4,000 cash and the balance on account. 8 Paid $400 for advertising. Received bill for equipment repair cost of $370. Provided security services for event for $3,300 on account. Paid balance due from October 7 purchase of equipment. Received and paid utility bill for $148. Received payment from customer for October 12 services performed. Paid employee salaries and wages of $5,300. 10 12 16 Purchased supplies for $410 on account. 21 24 27 31 Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit
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The Journal Entries for the provided transactions are given below:Oct 01:Investment cashDebit: $65,000Credit: Common stock, $65,000Oct 02:Hired part-time security consultant Debit: Salary expense, $3,000Credit: Cash, $3,000Oct 02:Paid one month of rent for the building Debit: Rent expense, $3,000Credit: Cash, $3,000Oct 04:Purchased equipment for $16,000Debit:
Equipment, $16,000Credit: Accounts payable, $12,000Credit: Cash, $4,000Oct 07:Paid $400 for advertising Debit: Advertising expense, $400Credit: Cash, $400Oct 07:Received bill for equipment repair cost of $370Debit: Equipment repairs expense, $370Credit: Accounts payable, $370Oct 07:Provided security services for event for $3,300 on account Debit: Accounts receivable, $3,300Credit: Security service revenue, $3,300Oct 08:Paid balance due from October 7 purchase of equipment Debit: Accounts payable, $12,000Credit: Cash, $12,000Oct 10:Received and paid utility bill for $148Debit: Utilities expense, $148Credit: Cash, $148Oct 12:Received payment from customer for October 12 services performed Debit: Cash, $3,300Credit: Accounts receivable, $3,300Oct 16:Paid employee salaries and wages of $5,300Debit: Salary expense, $5,300Credit: Cash, $5,300Oct 21:Purchased supplies for $410 on account Debit: Supplies, $410Credit: Accounts payable, $410Oct 24:No entryOct 27:No entryOct 31:No entry
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Related Questions
Help me plss guys is for today
Answers
Answer:
Explanation:
A bank loan is a long term source of finance
If the demand function for math self-help videos is given by 65−0.6x, and the total cost function to manufacture the videos is given by 6x+39, evaluate the marginal profit function at x=20.
Marginal Profit = This means that if production and sales increase by one unit, then total profit will
1)decrease
2)increase by approximately ___ dollars.
Answers
The marginal profit at x = 20 is 35 dollars. This means that if production and sales increase by one unit (from 20 to 21), the total profit will increase by approximately 35 dollars. It indicates that each additional unit sold at this level contributes $35 to the overall profit.
To evaluate the marginal profit function at x = 20, we need to calculate the derivative of the profit function with respect to x. The profit function is given by the difference between total revenue and total cost.
Total revenue is calculated by multiplying the demand function by x: TR(x) = (65 - 0.6x) * x.
Total cost is given by the cost function: TC(x) = 6x + 39.
The profit function is obtained by subtracting total cost from total revenue:
P(x) = TR(x) - TC(x) = (65 - 0.6x) * x - (6x + 39).
To find the marginal profit, we differentiate the profit function with respect to x:
P'(x) = dP(x)/dx = (65 - 0.6x) - 0.6x - 6.
Simplifying, we have:
P'(x) = -1.2x + 59.
Now, we can evaluate the marginal profit at x = 20:
P'(20) = -1.2(20) + 59
= -24 + 59
= 35.
The marginal profit at x = 20 is 35 dollars. This means that if production and sales increase by one unit (from 20 to 21), the total profit will increase by approximately 35 dollars. It indicates that each additional unit sold at this level contributes $35 to the overall profit.
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how to write a table of content
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The table of contents should include all of the front matter, primary material, and back matter, as well as the chapter titles, page numbers, and bibliography. A decent table of contents should be simple to read, correctly formatted, and finalized to ensure complete accuracy.
a matrix or grid of information with columns and rows. a table including a number of mathematical calculations.
After the title page, begin a new page.
List the document's headings in alphabetical order.
Include subheadings if necessary.
Give each heading a page number.
Place the information in a table.
the Table of Contents' title.
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Fill in the blank.
A banking system in which only a portion of checkable deposits are backed up by cash in bank vaults or deposits in the central bank is called a(n) _____ _____ banking system.
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A banking system in which only a portion of checkable deposits are backed up by cash in bank vaults or deposits in the central bank is called a fractional reserve banking system.
In a fractional reserve banking system, banks are only required to hold a certain percentage of their customers' deposits as reserves, either in the form of cash in their vaults or as deposits with the central bank. This percentage is called the reserve requirement. The central bank, which serves as the regulatory authority and the lender of last resort, determines the reserve requirement for the banks under its jurisdiction.
Fractional reserve banking allows banks to use the remaining funds from customer deposits, after meeting the reserve requirement, to extend loans and create new money through the process of lending. This leads to the expansion of the money supply, and ultimately, it plays a crucial role in economic growth and development.
However, it also comes with some risks, such as the possibility of bank runs, where many customers simultaneously demand to withdraw their deposits, which can lead to bank failures. To mitigate these risks, the central bank monitors and regulates the banking system, ensuring that banks adhere to the reserve requirements and maintain adequate levels of capital and liquidity.
In summary, a fractional reserve banking system is one where only a portion of checkable deposits are backed by cash in bank vaults or deposits in the central bank, allowing banks to use the remaining funds to provide loans and expand the money supply. This system is regulated by the central bank, which determines the reserve requirements and oversees the banking sector to maintain stability and prevent bank runs.
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Producers of processed foods and related consumer goods often use coupons as a means of price discrimination. Although coupons are widely used in the United States, that is not the case in other countries. In Germany, coupons are illegal. a. Does prohibiting the use of coupons in Germany make German consumers better off or worse off? O A. German consumers are definitely better off because price discrimination leads to a larger market. OB. German consumers are definitely worse off because price discrimination lowers prices. OC. German consumers are definitely better off because output decreases with price discrimination. OD. German consumers are definitely better off because price discriminating firms capture additional consumer surplus. O E. German consumers may be better or worse off because price discrimination may actually increase consumer welfare depending on the number of different prices charged and the distribution of consumer demand. b. Does prohibiting the use of coupons make German producers better off or worse off? O A. German producers are better off because coupons increase the cost of production. O B. German producers are worse off because coupons help firms capture additional consumer surplus. OC. German producers are better off because coupons increase price competition among firms. OD. German producers are better off because coupons effectively lower prices. O E. German producers are worse off because coupons increase economic surplus.
Answers
a. E. German consumers may be better or worse off because price discrimination may actually increase consumer welfare depending on the number of different prices charged and the distribution of consumer demand.
While price discrimination may lead to larger market and increased profits for firms, it can also lead to lower prices for consumers and more choices. Therefore, the impact on consumer welfare depends on the specifics of the market and the demand.
b. B. German producers are worse off because coupons help firms capture additional consumer surplus. Coupons are a means for firms to price discriminate and capture additional consumer surplus, which may lead to higher profits. Therefore, prohibiting the use of coupons may reduce the profits of firms and make them worse off.
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energy is an emerging industry promoting the use of water to provide energy.
Wind
Hydro
Water
Solar
Answers
Answer:
answer is solar energy cuz it is an emerging industry.
A(n) __________ is a set of guidelines for a business to follow when recruiting prospective employees.
Answers
Answer:
recruitment policy
Explanation:
A recruitment policy is a statement on how you hire. It outlines your company's preferred hiring practices and promotes consistency within your employee recruiting process
A recruitment policy is a set of guidelines for a business to follow when recruiting prospective employees. As per these guidelines the recruitment process in an organization is carried out.
What are recruitment policies ?An essential component of human resource management is the hiring process (HRM). Without careful strategic planning, it cannot be completed. The definition of recruitment is a procedure that creates a pool of qualified job candidates for the business to select from.
Companies must execute proper staffing strategies and forecasting to ascertain the number of employees they will require before hiring. The organization's annual budget as well as its short- to long-term intentions, such as potential expansion, will serve as the foundation for the forecast.
The organizational life cycle will also be a consideration. The guidelines regarding all the interaction with the clients and new joiners. Those guidelines are called as standard recruitment policies.
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Does having social responsibility make you viewed more or less favorable by consumers?
Answers
Answer:
Depends on the person but probably not
Explanation:
What was the most notable contribution of Windows 3.11?
- multitasking
- networking capabilities
-overlapping windows
- recycle bin
Answers
Answer:
Networking capabilities
The purpose of an electric spreadsheet is to and data in an concise manner
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Answer:
A spreadsheet is a computer application for organization, analysis and storage of data in tabular form. Spreadsheets were developed as computerized analogs of paper accounting worksheets. The program operates on data entered in cells of a table.
when setting a budget you should consider....
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The concern about international companies adopting SOX-type standards centers on Group of answer choices cost-benefit analysis. ethics issues. the governing authorities. comparability.
Answers
The concern about international companies adopting SOX-type standards centres on cost-benefit analysis and ethics issues. SOX, or the Sarbanes-Oxley Act, was passed in 2002 in response to the Enron and WorldCom accounting scandals. It set standards for financial reporting and corporate governance in US public companies.
The concern with international companies adopting SOX-type standards is that the cost of compliance may outweigh the benefits. Companies may be required to spend significant amounts of money on audits, internal controls, and other compliance measures. This can be particularly burdensome for small or medium-sized companies.
Another concern is that adopting SOX-type standards may not address the underlying ethical issues that led to the accounting scandals in the first place. While SOX has improved financial reporting and increased transparency, it may not prevent unethical behaviour or fraud. In addition, the governing authorities may differ from country to country, and it may be difficult to apply SOX-type standards in a way that is comparable across different jurisdictions. This could create confusion and inconsistencies in financial reporting.
In summary, the concern about international companies adopting SOX-type standards centres on cost-benefit analysis and ethics issues. Companies must weigh the costs of compliance against the benefits of increased transparency and improved financial reporting. They must also address the underlying ethical issues that may lead to fraudulent behaviour. Finally, they must ensure that any standards they adopt are comparable and consistent across different jurisdictions.
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Job ____ is the process of shifting a person from job to job.enlargementflexingvarietyrotation
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Option d: rotation. Job rotation is the process of shifting/changing a person from job to job.
Employees move from one workplace to another through job rotation. By taking on new responsibilities, new responsibilities help employees develop their knowledge and skills. Flexibility is guaranteed and staff turnover is reduced. It helps ensure further development, breaks the monotony of work, and determines whether people are interested in certain types of occupations.
Some employers use job rotation practices to rotate jobs assigned to employees during the course of hiring. This tactic is used by employers for a variety of reasons. It was created to promote employee flexibility and interest in staying with the company or organization that employs them. Studies also show that people who work in jobs that require physical labor benefit from job rotation because they are less stressed.
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Complete question:
Job ____ is the process of shifting a person from job to job.
enlargement
flexing
variety
rotation
Which of the following statements about stocks is TRUE?
A stock is a type of savings account that pays interest based on current interest rates in the money market.
A stock is a share of ownership in a company.
A stock is a type of investment that invests in a mix of different types of investments.
A stock is a type of debt investment that acts like a loan.
Answers
Answer:
number 2
Explanation:
stock is a share of ownership in a company
The statement about stocks is TRUE A stock is a share of ownership in a company. Thus the correct option is 2.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
A significant positive link exists between beta and returns when there are positive worldwide profits, and a large negative correlation exists when there are negative global excess returns.
An individual buying the stock is referred to as Stockholder who earns a great profit when the purchased stocks seek growth in the market and this will helps the economy to grow side by side.
Therefore, option 2 A stock is a share of ownership in a company is appropriate.
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Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%. ignoring taxes, find the effect of the two increases on her purchasing power. showwork
Answers
Answer:
She lost $754.05.
Explanation:
Giving the following information:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.
The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.
Increase in salary= 52,000*1.025= $53,300
Inflation effect= 52,000/(1-0.038)= $54,054.05
To maintain her purchasing power, now, she needs to earn $54,054.05.
She lost $754.05.
Assume all markets are in long-run equilibrium. The market quantity supplied in a duopoly would be ________ the market quantity supplied in a monopoly and ________ the market quantity supplied in a competitive market. a. less than or equal to; less than or equal to b. less than or equal to; greater than or equal to c. less than; equal to d. greater than; equal to e. greater than or equal to; less than or equal to
Answers
Answer:
greater than or equal and less than or equal
Explanation:
We assume that all the market belong from long run equilibrium.So the quantity supplied of the market in a duopoly should be either greater or equivalent to the quantity supplied of the market in the monopoly and it should be less or equivalent to the quantity supplied of the market in the competitive market as it is the under competitive market where P = mc
And, under monopoly, there is the condition of the profit maximiation i.e. MR = MC
Which is likely to advance his/her career?
A. Ogden follows his boss’s instructions completely
B.Sue dresses well and is humble
C. Eddy attends as many technical trainings and seminars as possible
D. Mel is very punctual and hardly takes any leave
Answers
Answer:
C
Explanation:
Eddy attends as many technical training and seminar as possible
Answer:
The answer is C.) Eddy attends as many technical training's and seminars as possible.
Explanation:
I took the test and got it right.
Materials from a source text without property citing the source is an example of plagiarism -(drivers Ed).
Answers
Answer:
True
Explanation:
Plagiarism is presenting somebody's else works, words, ideas, or concepts as one's own. Plagiarism may be deliberate or unintentional. It is copy and pasting another person's work 'word for word' knowingly or unknowingly.
Plagiarism mostly occurs when one uses another person's word acknowledging or crediting the author. It means plagiarism can be avoided by properly citing the original author.
Answer:
c
Explanation:
The Dodd-Frank Wall Street Reform and Consumer Protection Act stipulated that if more than $1 million is collected, the whistle-blower is entitled to ________ of the monies collected.
Answers
Answer:between 10 and 30 percent
Explanation:
Insurance is an example of a(n)_______
A) fixed cost
B) opportunity cost
C) variable cost
D) none of the above
Answers
Answer:
Based on my research I believe that the answer is 'A. Fixed Cost'.
Explanation:
I hope this was helpful, have a blessed day.
ANSWER
Based on my research I believe that the answer is A- Fixed cost
Explanation
Fixed cost are those cost which are not output dependent .
Fixed cost are fixed till certain level of output.
Fixed cost per unit charges with output.
I hope this was helpful
can someone help . i know I'm dumb:) x-5=7
Answers
Answer:
Hey Army
Nice to meet you:)
your answer is 12
as x-5=7
so x=7+5
x is 12
Stream life goes on and Dynamite. :)
Answer:
x=12
Explanation:
x-5=7
x-5+5=7+5
x=12
When supply and demand meet at the equilibrium point, prices in the market will:____________.
Answers
What is a contingency plan?
Answers
Answer:
Um plano de contingência é um tipo de plano preventivo, preditivo e reactivo.
Apresenta uma estrutura estratégica e operativa que ajudeá a controlar uma situação de emergência e a minimizar as suas consequências negativas.
O plano de contingência propõe uma série de procedimentos alternativos ao funcionamento normal de uma organização, sempre que alguma das suas funções usuais se vê prejudicada por uma contingência interna ou externa.
Imagine that you are an entrepreneur in Canada, and you have a growing business that imports products made in France. Answer the following questions as they apply to "your" business:
What is the name of your business and what is one product that you import for sale in Canada?
You are currently negotiating a contract for purchase of this product from the seller in France. List and explain 4 risks that you might encounter as an importer/buyer in this situation.
For each risk that you have listed in b., discuss one contract clause that you could include in your sale of goods agreement to reduce or manage that risk. For each, explain how the clause addresses that particular risk.
In your contract with the exporter, you agree to pay for the product through a documentary letter of credit issued by the Toronto Dominion Bank. If the product is damaged in transit, can you stop payment under the letter of credit? Explain your answer.
Select 2 other topics that we have studied (for example, international trade agreements, contract challenges and risk management, different market entry strategies, protecting intellectual property, and dispute resolution) and discuss how the exporter can use these concepts to help their business and sales in Canada. Be specific in your answer. (You may add additional facts/assumptions if needed).
Answers
My business is named Importify, and one of the products I import from France is Chateau Latour 1982, a popular red wine. Here are the risks that I might encounter when negotiating a contract for the purchase of this product from the seller in France:
1. Currency Risk: The exchange rate between the Canadian dollar and the Euro might fluctuate, leading to an increase in costs.
2. Political Risk: Changes in trade regulations, tariffs, and import laws might impact the business relationship between Canada and France.
3. Transportation Risk: The wine could be damaged during transit, leading to financial losses.
4. Payment Risk: The seller might fail to deliver the goods, or the payment might not be received due to banking issues.
The exporter can use international trade agreements and different market entry strategies to help their business and sales in Canada. For example, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union (EU) eliminates most tariffs on goods traded between the two entities, making French goods more competitive in Canada.
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a process with a high-level scope must have different inputs and outputs than the process viewed at a lower scope. true or false
Answers
The given statement, "a process with a high-level scope typically has different inputs and outputs than the process viewed at a lower scope" is true.
A high-level scope focuses on broader aspects of the process, while a lower scope delves into more specific details. As a result, the inputs and outputs at each level may differ, with high-level scope often involving more generalized inputs and outputs, and lower scope focusing on more specific ones.
The difference between the high-level and lower-level views of the process is the level of detail and the degree of abstraction.When a process is viewed at a high level, it is often represented as a series of high-level steps or activities, and the inputs and outputs are described in general terms. This provides an overview of the process and highlights the major steps involved.When the same process is viewed at a lower level, it is broken down into more detailed steps or tasks, and the inputs and outputs are described in greater detail. This provides a more granular view of the process and helps identify the specific inputs, tasks, and outputs required to complete each step.Therefore, the inputs and outputs of a process viewed at a higher level scope would be different from those at a lower level scope.
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Tony is the head of a company that develops cutting edge technology. His team is working on their next big thing and they are close to a breakthrough. As his team works, Tony spends a good portion of his time making sure each part of his team has what they need to produce their best work. Tony also spends some of his time making sure any potential obstacles to his team are taken care of and coaching his team through some of their challenges.
What type of leadership is Tony practicing here?
A. Laissez-faire
B. Democratic
C. Servant Leader
D. Directing
Answers
Answer:
D- Directing
Explanation:
It can't be laissez-faire because that literally makes zero sense at all. It's not democratic because that would mean that he would have had his team take a vote at some point in time, but this question says nothing about that. It is not servant leader because literally wth is that. It would have to be directing because Tony is giving his team some direction to help them keep moving forward.
A distinguishing feature of ecological economics is the concept of ________.
A) cost-benefit analysis
B) steady-state economies that, like natural systems, neither grow nor shrink
C) the only healthy economy is one that is growing
D) environmental damage and also environmental benefits are external
E) greenwashing to increase public acceptance of products.
Answers
A distinguishing feature of ecological economics is the concept of steady-state economies that, like natural systems, neither grow nor shrink.
Ecological economics recognizes the importance of achieving a sustainable balance between human activities and the finite resources of the planet. It promotes the idea of steady-state economies, which aim to maintain a stable size and overall ecological impact. Unlike traditional economic theories that prioritize continuous growth, ecological economics emphasizes the need to work within the limits of the natural environment and avoid overexploitation.
This concept challenges the notion that the only healthy economy is one that is constantly growing (option C). Instead, it focuses on achieving long-term sustainability and resilience by recognizing that environmental damage and benefits (option D) are interconnected and should be considered in economic decision-making. Additionally, ecological economics discourages practices like greenwashing (option E), which mislead the public about the environmental impacts of products, and emphasizes the importance of accurate information and transparency.
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A stock with a current market price of $50 and a strike price of $45 has an associated call option priced at $6.50. This call has an intrinsic value of _ and a time value of Multiple Choice Ο $5; $1.50 Ο $1.50; $5 Ο $0; $6.50 Ο $6.50; $Ο
Answers
A stock with a current market price of $50 and a strike price of $45 has an associated call option priced at $6.50. This call has an intrinsic value of $5 and a time value of $1.50.
The intrinsic value of a call option is the difference between the current market price of the underlying asset and the strike price of the option. In this case, the intrinsic value of the call option is $50 - $45 = $5. The time value of a call option is the difference between the total price of the option and its intrinsic value. In this case, the total price of the call option is $6.50, and its intrinsic value is $5. Therefore, the time value of the call option is $6.50 - $5 = $1.50.
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Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below:
Current liabilities $180 Income before interest and taxes $125
10% bonds, long-term $360 Interest expense $36
Total liabilities $540 Income before tax $89
Shareholders' equity: Income tax $27
Capital stock $200 Net income $62
Retained earnings $280 Total shareholders' equity $480 Total liabilities and equity $1,020 HHF's time's interest earned ratio is:
A. 3.47
B. 1.73
C. 2.47
D. 10
Answers
HHF's time's interest earned ratio is C) 2.47.
The time's interest earned ratio is calculated by dividing the income before interest and taxes (EBIT) by the interest expense. In this case, the EBIT is $125 and the interest expense is $36, so the time's interest earned ratio is 3.47. However, this calculation does not take into account income taxes. When income taxes are included, the EBIT is reduced to $89, and the time's interest earned ratio becomes 2.47, which is the correct answer. This ratio measures a company's ability to meet its interest payments, and a higher ratio indicates a better ability to do so. A ratio of 2.47 indicates that HHF has enough earnings to cover its interest expenses 2.47 times over.
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when communicating student exam results to stakeholders, it's important to ensure that they have a clear understanding of the context, methods, and results of the assessment data. this includes which of the following? select all that apply:
Answers
The main objective of any communication of assessment results should be to inspire action. Accordingly, outcomes have the highest likelihood .
How do you inform pupils of assessment results?Gratitude for taking the test is due. Recognize that you are aware that exams are typically difficult. In order to make your learning as relevant as possible when you are enrolled in the ABE program, explain what the score can inform the student and teacher (we can know where your strengths are and where we need to focus your lessons).
How do you inform stakeholders of evaluation results?A centralized and open source for all test results must be established in order to convey test results to stakeholders. Once that has been done, the link needs to be sent via email to every team member so that everyone can access them, including stakeholders outside the testing team.
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