The newly appointed auditors, Klynveld Peat Marwick Goerdeler (KPMG), have the potential to act as effective watchdogs for Transmile Group Bhd.
The independence and effectiveness of auditors are crucial in ensuring accurate financial reporting and detecting accounting irregularities. KPMG, being a reputable auditing firm, has the necessary expertise, resources, and experience to perform a thorough audit and provide objective opinions on the company's financial statements. They can bring a fresh perspective and apply stringent audit procedures to identify any potential issues or irregularities. To support this answer, one relevant legal case is the Satyam scandal in India. In this case, Price Waterhouse (now part of PwC) was the auditor of Satyam Computer Services. The auditors failed to detect a massive accounting fraud, leading to a significant financial scandal. As a result, the credibility and reputation of the auditors were severely impacted. This case highlights the importance of having competent and independent auditors to act as effective watchdogs and maintain the integrity of financial reporting
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How has private enterprise strengthened the united states economy?
Answer:
to generate prosperity and produce goods and services that meet people's needs and improve their lives.
Explanation:
Because businesses cannot outgrow the economy of their communities
What are the issues and challenges with Circuit City 2018 latest
e-commerce initiative?
As of my knowledge cutoff in September 2021, Circuit City, a once-prominent electronics retailer, experienced financial difficulties and declared bankruptcy in 2008.
There have been no recent developments or initiatives in 2018 or afterward regarding Circuit City's e-commerce initiatives. It's worth noting that my information may not be up to date, and I recommend referring to recent news sources or the official Circuit City website for the latest updates on their e-commerce initiatives and any associated issues or challenges. E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It has revolutionized the way businesses operate and how consumers shop. E-commerce offers numerous benefits, including convenience, a wide selection of products, competitive pricing, and the ability to reach a global customer base.
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Determine the engineering management tools needed for designing an
engineering services delivery plan. The engineering management tools may include problem analysis and
decision-making, risk manageme
Engineering management tools for designing an engineering services delivery plan include problem analysis, decision-making, and risk management.
When designing an engineering services delivery plan, several engineering management tools are crucial. Firstly, problem analysis helps identify the key challenges and issues that need to be addressed in the plan. This involves gathering data, conducting assessments, and employing analytical techniques to understand the problem space.
Secondly, effective decision-making tools are necessary to evaluate various options and make informed choices. Decision matrices, cost-benefit analysis, and decision trees can aid in selecting the most appropriate strategies and actions.
Lastly, risk management tools are essential for identifying, assessing, and mitigating risks associated with the delivery plan. This includes risk identification techniques, such as SWOT analysis and failure mode and effects analysis (FMEA), as well as risk mitigation strategies like contingency planning and risk monitoring.
By utilizing these engineering management tools, organizations can develop comprehensive and effective engineering services delivery plans.
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Drivers can incur fines for the following reasons:
A. Obstructing driveway issues on Complaint $60.50
B. Parking in a Handicap space/no plate or card $200.00
C. Parked on sidewalk $25.00
D. All the Above
Answer:
D. All of the above
Explanation:
Answer:
All of the above
Explanation:
You can deduct money on all these reasons
why is freshness of ingredients important in salad preparation
Carmax is a national chain that sells used cars. the likely impact of its arrival in the market would be to _____. everything else held constant, this would likely _____ the price of used cars.
Answer:
1. shift the supply of used cars to the right
2. lower
Explanation:
1. With carmax's arrival in the market this has caused the number of sellers to increase thereby shifting the supply curve to the right. An increase in the number of sellers increases the quantity supplied at each price.
2. Since the supply of used cars have increased and demand remains the same, there will be a surplus in the market for used cars resulting in lowered prices of used cars.
A sous chef starts a retirement savings plan by depositing $350 per month at the beginning of each month into an account that earns an annual interest rate of 5.5% compounded monthly. Find the value (in dollars) of this investment after 20 years. (Round your answer to the nearest cent.)How much interest (in dollars) will she pay over the term of the loan? (Round your answer to the nearest cent.)
After 20 years, the retirement savings plan of the sous chef will have a value of approximately $182,590.72. Over the term of the plan, she will pay approximately $92,590.72 in interest.
To calculate the value of the investment after 20 years, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the initial deposit
r = the annual interest rate (expressed as a decimal)
n = the number of times the interest is compounded per year
t = the number of years
In this case, the initial deposit (P) is $350 per month, the annual interest rate (r) is 5.5% or 0.055, the interest is compounded monthly (n = 12), and the investment period (t) is 20 years.
First, we need to calculate the total number of monthly deposits:
20 years x 12 months = 240 months
Next, we substitute the values into the formula and calculate the final amount (A):
A = $350 * (1 + 0.055/12)^(12*20)
A ≈ $182,590.72
Therefore, after 20 years, the retirement savings plan of the sous chef will have a value of approximately $182,590.72.
To calculate the amount of interest paid over the term of the plan, we subtract the total amount deposited from the final amount:
Interest = A - (P * number of deposits)
Interest = $182,590.72 - ($350 * 240)
Interest ≈ $92,590.72
Therefore, over the term of the loan, the sous chef will pay approximately $92,590.72 in interest.
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Opportunity Cost
in order to
v something else.
Opportunity cost is what must be
Opportunity cost forces consume
lucers to make
received
given up
replaced
you are to receive an annuity of $1,000 per year for 10 years. you will receive the first payment two years from today. at a discount rate of 10%, what is the present value of this annuity? $5,078.15 $5,585.97 $6,144.57 $6,759.03
You are to receive an annuity of $1,000 per year for 10 years. you will receive the first payment two years from today. at a discount rate of 10%, the present value of this annuity is $5,585.97.
We can use the formula for the present value of an annuity to calculate the present value of the given annuity.
The formula is given as:
\(PV = PMT * [1 - (1 + r)^-n] / r\)
where,
PV is the present value of the annuity
PMT is the payment per period
r is the discount rate
n is the total number of periods
Let's put the given values into the formula:
PMT = $1,000r = 10% per yearn = 10 years
Since the first payment is due in two years, the total number of periods (n) should be calculated as 10 - 2 = 8.
Therefore, putting the values into the formula:
\(PV = $1,000 * [1 - (1 + 0.1)^-8] / 0.1≈ $5,585.97\)
Thus, the present value of the annuity is $5,585.97 (approx).
Therefore, the correct option is: $5,585.97.
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What is the nine business blocks
Answer:
The nine business blocks are; customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.
Explanation:
These business blocks are part of a business model, which is something that many new entrepreneurs use as part of a design detailing how a business can function and operate successfully, especially when depending on the environment their businesses are set in. Within business models, there are four central parts that relate to; customers, offering, infrastructure, and financial viability. With that comes nine key blocks that describe it, and those nine building blocks (which are stated in the answer section above) all relate to the four central parts of the business model.
Sources:
https://opentextbc.ca/organizationalbehavioropenstax/chapter/business-model-canvas/https://medium.com/the-second-act/the-9-building-blocks-of-your-business-model-e9cdfe996ff5what is the net present value using a 12% cost of capital? facts: lifetime equipment company buys a piece of equipment for $36,442 that will last for 7 years. the equipment will generate cash flows of $7,000 per year and will have no salvage value at the end of its life. ignore taxes unless told to include them.
To calculate the net present value (NPV), we need to discount the future cash flows from the equipment back to their present value using the given cost of capital of 12%. The formula for calculating NPV is:
NPV = PV(Cash flows) - Initial Investment
Where PV is the present value.
To calculate the present value of the cash flows, we can use the formula:
PV = CF / (1 + r)^n
Where CF is the cash flow, r is the discount rate, and n is the number of years.
Using this formula, we can calculate the present value of each year's cash flow:
PV of year 1 cash flow = $7,000 / (1 + 0.12)^1 = $6,250
PV of year 2 cash flow = $7,000 / (1 + 0.12)^2 = $5,580
PV of year 3 cash flow = $7,000 / (1 + 0.12)^3 = $4,980
PV of year 4 cash flow = $7,000 / (1 + 0.12)^4 = $4,440
PV of year 5 cash flow = $7,000 / (1 + 0.12)^5 = $3,950
PV of year 6 cash flow = $7,000 / (1 + 0.12)^6 = $3,520
PV of year 7 cash flow = $7,000 / (1 + 0.12)^7 = $3,140
To calculate the NPV, we add up the present values of the cash flows and subtract the initial investment:
NPV = $6,250 + $5,580 + $4,980 + $4,440 + $3,950 + $3,520 + $3,140 - $36,442
NPV = $31,918.96
Therefore, the net present value of the equipment purchase is $31,918.96 at a 12% cost of capital. Since the NPV is positive, it indicates that the investment is profitable and worth considering.
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A. suppose the city decides to undertake a cleanup level of 25 units. the marginal benefit of cleaning up 25 units is $ ______. the marginal cost of cleaning up 25 units is $ _____. since the marginal benefit is (click to select) the marginal cost, the city should clean up cick to select) pollution. b. suppose the city decides to undertake a cleanup level of 200 units. the marginal benefit of cleaning up 200 units is $ _____. the marginal cost of cleaning up 200 units is $ _____. since the marginal benefit is (click to select) the marginal cost, the city should clean up [click to select) pollution. c. the optimal level of pollution cleanup is _____ units.
a) The marginal benefit is $1000 and the cost is 250
The marginal benefit is "more" than the marginal cost they should clean up 25 units of pollution.
b) The marginal benefit is 150 and the cost is 2500.
the benefit is "less" than the cost they should not clean 200 units of pollution.
c) The optimal level is 50.
Pollution was the introduction of harmful contaminants into the natural environment. Pollution may be in any substance as well as energy form. Pollutants, and pollutants, are either foreign substances/energies as well as naturally existing contaminants.
A. Based on the given information, the marginal benefit of cleaning up 25 units is not provided, so it cannot be determined. The marginal cost of cleaning up 25 units is 1000,
B. Similar to the previous question, the marginal benefit of cleaning up 200 units is 2500, the benefit is "less" than the cost they should not clean 200 units of pollution.
C. The optimal level of pollution cleanup is also not provided, so it cannot be determined. The information needed to determine the optimal level of pollution cleanup is not provided in the given question. Additional information is needed to answer this question accurately. Please provide the necessary information for a more accurate response.
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as a business within the company, hr has three product lines, one of which involves contributing to the company's strategy by understanding how hr can provide a competitive advantage. this is known as .
As the product lines involves contributing to the company's strategy by understanding how hr can provide a competitive advantage, this is known as being a strategic partner.
What is a strategic partner?These are partners involves in the sharing of resources to help all involved succeed. They are usually non-competing businesses and often share both the risks and rewards of the decisions of both companies.
Most time, the ultimate goal of the strategic partnership is to create value for each company by offering information, services and other resources that the other firm either has no access to or could only access through some form of financial exchange.
Therefore, this strategy is known as being a strategic partner.
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which of these is the most striking example of the costs and risks of pure capitalism?
The most vivid illustration of the expenses and dangers of undiluted capitalism The World War II.
What exactly is pure capitalism?A free, private market economy known as pure capitalism enables voluntary, competitive private persons to plan, manufacture, and trade without interference from the government. An economy with a mixed economic structure permits private property ownership but also includes some government intervention.
What issues did pure capitalism have?Critics of capitalism frequently charge that it is intrinsically cruel, alienating, unstable, sustainable, and causes vast economic inequalities. They also claim that it is anti democratic, undermines human rights and self determination while encouraging imperialist behavior.
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The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex - $20,000
Beatrice - $190,000
Julio - $80,000
Roberta - $60,000
Alex
Beatrice
Julio
Roberta
Answer:
Beatrice
Explanation: she makes the most money so she has to pay more in tax
Based on the tax rate and the annual income of the people, the person with the higher tax burden is Beatrice.
Flat Rate Tax Refers to when a specific rate of tax is imposed. Leads to those who are paid higher having a higher tax burden. Leads to lower income earners having less money after tax.Beatrice is the highest earner in the group as they earn $190,000. They will therefore have the highest tax burden of $19,000 as opposed to the others who have lower salaries.
In conclusion, Beatrice is correct.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Elizabeth and Niko are very organized and do an excellent job organizing their personal financial records. How will this BEST help them when they file their taxes?
A. If they have organized records, they won’t likely have to file taxes.
B. This can help them maximize their deductions.
C. Their tax return will definitely not be audited.
D. They are guaranteed to get a tax refund instead of owing taxes.
Answer:
b
Explanation:
took the test
is the cost of borrowing or the price paid for the rental of funds expressed as a percentage per year.
Yes, the cost of borrowing or the price paid for the rental of funds is expressed as a percentage per year.
This percentage is known as the interest rate, which is the cost of borrowing or the price paid for the rental of funds.Lenders charge interest on the amount of money that they lend to borrowers because they are risking their money.
The interest rate can vary depending on a number of factors, such as the creditworthiness of the borrower, the length of the loan, and the amount of the loan. The interest rate is typically expressed as an annual percentage rate (APR), which is the amount of interest that the borrower will pay on an annual basis.
For example, if a borrower takes out a $10,000 loan with an interest rate of 5%, they will pay $500 in interest per year.
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carla lopez deposits $4,000 a year into her retirement account. if these funds have an average earning of 10 percent over the 30 years until her retirement, what will be the value of her retirement account?
Assuming Carla Lopez deposits $4,000 each year for 30 years and the funds earn an average of 10% each year, the value of her retirement account at the end of the 30 years would be approximately$691,204.
Carla Lopez deposits $4,000 annually into her retirement account for 30 years, with an average earning of 10 percent. To find the value of her retirement account at the end of 30 years, we can use the future value of an ordinary annuity formula:
\(FV = P * [((1 + r)^t - 1) / r]\)
where FV is the future value of the account, P is the annual deposit ($4,000), r is the interest rate (0.1 or 10%), and t is the number of years (30).
FV = 4000 * [((1 + 0.1)^30 - 1) / 0.1]
FV ≈ 691,204
So, the value of Carla's retirement account after 30 years will be approximately $691,204.
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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:
The management of Unter Corporation is considering an investment with the following cash flows:
Year 1: $50,000
Year 2: $70,000
Year 3: $80,000
Year 4: $90,000
Year 5: $100,000
To assess the investment's attractiveness, the management should evaluate its potential return and the time value of money. One approach is to calculate the investment's net present value (NPV), which considers the discounted value of future cash flows.
Assuming a discount rate of 10%, the present value (PV) of each cash flow can be calculated using the formula: PV = CF / (1+r)^n, where CF is the cash flow, r is the discount rate, and n is the number of years.
Calculating the PV of each cash flow:
PV1 = $50,000 / (1+0.10)^1 = $45,454.55
PV2 = $70,000 / (1+0.10)^2 = $57,851.24
PV3 = $80,000 / (1+0.10)^3 = $62,809.92
PV4 = $90,000 / (1+0.10)^4 = $66,115.70
PV5 = $100,000 / (1+0.10)^5 = $67,488.71
Summing up the present values:
NPV = PV1 + PV2 + PV3 + PV4 + PV5 = $300,720.12
The calculated NPV of $300,720.12 indicates that the investment is financially attractive. A positive NPV implies that the investment's expected returns exceed the initial cost, considering the time value of money. Therefore, Unter Corporation's management should proceed with the investment, as it is likely to generate a favorable return and contribute to the company's financial growth. However, it is crucial to consider other factors such as market conditions, competition, and strategic alignment before making a final decision.
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All of these are fields that you can use to review alumni skills, the company where they work, and career fields that they work in (what they do)
There are several fields that can be used to review alumni skills, the companies where they work, and the career fields they work in.
One common field is LinkedIn, which allows users to create a professional profile and showcase their skills, work experience, and education. Employers can use LinkedIn to search for potential candidates and review their profiles to see if they have the necessary skills and qualifications for a job.
Another field is alumni associations, which can provide information on the career paths of former students. Alumni associations often maintain databases of alumni and their professional achievements, which can be used to track the career paths of graduates and identify successful professionals in various fields.
Online job boards and career websites can also be used to review alumni skills and career fields. These sites allow users to search for jobs based on specific skills, experience, and qualifications and can provide information on the companies that are hiring and the types of positions that are available.
Overall, there are many different fields that can be used to review alumni skills and career fields, and it is important to use a variety of sources to get a comprehensive understanding of the career paths of former students. By leveraging these resources, employers and alumni associations can help to connect graduates with job opportunities and support their ongoing professional development.
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if the residence is rented for fewer than 15 days in a year, it is treated as a personal residence . the rent income is excluded from gross income, and mortgage interest and real estate taxes are allowed as
You are not required to report rental income on your tax return if you rent the house for less than 15 days during the taxable year.
And the only deductions permitted are those that you would be permitted as a homeowner.Specifically, you can only deduct mortgage interest and real estate taxes (or, if applicable, casualty losses).
What is most commonly rented?
Primarily for Rent. The residence is considered rental property if it is rented for at least 15 days per year and is not used for personal purposes for more than the greater of (1) 14 days or (2) 10% of the total days rented.
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If a business reports a net loss for the period, the journal entry to close the Income Summary account would be __________.
A. a debit to Capital and a credit to Income Summary
B. a debit to Revenue accounts and a credit to Income Summary
C. a debit to Income Summary and a credit to Capital
Answer:
My answer is C
Explanation:
Answer:
Explanation: do your best
The database structure in a dbms is stored as a _____.
a. collection of queries
b. single file
c. collection of files
d. set of key/value pairs
The correct option is b. single file.The database structure in a DBMS is stored as a single file. A Database Management System (DBMS) is a software package designed to define, manipulate, retrieve, and manage data in a database. A database is an organized collection of data that is stored and accessed electronically.
A DBMS, in essence, is a collection of programs that enable users to build, maintain, and access databases using a set of standard methods.The database structure is a schema that describes the structure of the database, including the types of data being held, the relationships among the data, and the constraints that apply to the data.
The schema is stored in a single file that specifies the tables, attributes, and relationships among the data in the database. The DBMS reads the schema from the file when it starts up and uses it to construct an internal representation of the database.
Therefore, the correct option is b.
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consider the table presenting information about an economy's money supply. currency in circulation $982 billion checkable deposits $1,334.7 billion savings accounts $6,312.2 billion money market mutual funds $695.3 billion time deposits less than $100,000 $797.3 billion traveler's checks $4.7 billion gold coins $1.4 billion calculate the values of m1 and m2 .
M1 = cash and forex in circulation + checkable (demand) credit + traveler's checks. M2 is a measure of the money furnish that consists of cash, checking deposits, and other sorts of deposits that are readily convertible to cash such as CDs.
What are the two definitions of the cash furnish M1 and M2?M1 cash provide consists of these monies that are very liquid such as cash, checkable (demand) deposits, and traveler's exams M2 cash supply is much less liquid in nature and includes M1 plus financial savings and time deposits, certificates of deposits, and cash market funds.
M1 is an estimate of cash and checking account deposits only. The weekly M2 and M1 numbers are carefully monitored as warning signs of the common money supply.
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https://brainly.com/question/31378945#SPJ1Rachel wants to display jewelry in her store window in a way that will attract customers. She wants the display to complement and accentuate the jewelry. How can Rachel display the jewelry in a way that it makes it more appealing?
a. )Use different metallic trays for each item.
b. )Use a dark velvet textured background.
c. )Hang jewelry from the ceiling near the window.
d. )Use a light-colored plastic background
Rachel can use a dark velvet textured background to display the jewelry in a way that is more appealing. Option B is correct.
Using a dark velvet textured background can create a sense of luxury and elegance that complements and accentuates the jewelry. The soft texture of the velvet provides a contrast to the hard and shiny surfaces of the jewelry, making them stand out more. Additionally, the dark color of the velvet can help to enhance the brightness and sparkle of the jewelry.
In contrast, using a light-colored plastic background, as suggested in option d, may not be as effective. The plastic material may create a harsh reflection that distracts from the jewelry, and the light color may not provide enough contrast to make the jewelry stand out.
Hanging jewelry from the ceiling near the window, as suggested in option c, may also not be the best approach. This could make it difficult for customers to see the details of the jewelry and may be more suitable for displaying larger items such as clothing. Option B is correct.
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Which of the following best describes the relationship between a stock resource and a potential resource?
A) A stock resource becomes a potential resource once the resource is found and extracted.
B) A stock resource becomes a potential resource when technology is developed to reach and extract it.
C) A stock resource becomes a potential resource after it has been evaluated and quantified.
D) A stock resource can never be a potential resource because it has already been excavated.
Answer:
B
Explanation:
potential resource are the resources whose entire quantity may not be known and these are not being used at present. potential resource can become real resource when proper human resource ,science and technology are present.
Answer: The correct answer is B) A stock resource becomes a potential resource when technology is developed to reach and extract it.
Explanation: This answer has been confirmed correct.
Technology is required to harvest stock resources (such as solar power) through extraction, collection, and storage processes.
other than the actors, the director works closely with the point of view of this theatre artist and merges it with his or her own to translate the work into a successful production.
Other than the actors, the director works closely with the point of view of this theatre artist and merges it with his or her own to translate the work into a successful production playwright.
Even the director's paintings is now complete, and the degree manager takes at the duty of turning in a regular display that preserves the director's imaginative and prescient at some point of the production's run. For many productions, this complete technique takes approximately 8-12 weeks, alevin though it is able to be longer for a brand new or complicated production.
Stage directions are notes withinside the script generally written in italics and enclosed in parentheses or brackets. They generally describe wherein and while a scene takes place (setting), how the characters need to say their lines, and the way the characters need to flow onstage.
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Explain any four points to be
consired while conducting a business
Answer: See explanation
Explanation:
The things to consider while conducting a business include:
a. Business idea: The main thing to consider when conducting a business is to have a business idea. One has to come up with an idea there unique and would make he or she standout from others. The business idea should be able to solve the challenges that people face with regards to a certain issue.
b. Location: Another factor is location. When conducting a business, it is important to set it up in a location that can be easily accessible for the people. Also, a location close to the market and nearer to the raw materials used for the production process should be chosen.
c. Finance: Without the required funds, no business can be set up. Therefore, it's important for one to have the funds ready to start the business. This can be from personal savings, loans etc.
d. Competition: It is vital for one to know his or her competitors and how ones business can stand out from others.
technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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