Answer:
Explanation:
1. The cash balance is as follows:
Cash:
Balance stated in $3227
Cash Collected from -
customer misposted $180
Wrong debit for telephone -
charges $422
Telephone charges $422
Revised Balance $2563
2.
Balance on account receivable ($3408) is gotten by removing $180 (i.e $750 - $570) from $3588.
3.
Supplies = $1,157 - $857 = #300
4.
Equipment: $857 + $4157(computer printer worth) = $5014
5. Accounts Payable:
Balance stated in Trial Balance $3023
Wrong credit to Accounts Payable $260
Payment on account $206
Balance $2557
6.
Unearned Service Revenue = $1557 - $682 (Revenue portion ) = $875
7. No changes occurred in common stock and retained earnings.
8.
Service revenue = unearned revenue ($2737) + $682(revenue portion) + $801(under posting)
Service revenue = $4220
9.
Salaries and wages = $3757 + ($1027) ommission - $932(dividend)
Salaries and wages = $3852
10.
No changes occurred in Office expenses.
11.
Dividened expense = $932
Sheffield Co Trial Balance can be computed as follows:
Accounts Debit Credit
Cash $2563
Accounts Receivable $3408
Supplies $300
Equipment $5014
Accounts Payable $2557
Unearned Service Revenue $875
Common stock $6357
Retained Earnings $3,357
Service Revenue $4220
Salaries & Wages expense $3852
Office Expenses $1297
Dividend $932
$17,366 $17,366
why do we feel love?
Answer:
We feel love because a relationship is what makes a human happiest. Its proven scienctficly. I can't spell :p
Explanation:
QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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Can someone explain to me this economics homework assignment?
An endogenous variable is a variable that is determined within a model or system. An example could be the level of employment in a particular region, which is determined by factors such as population, labor force participation rate, and job creation within the region.
What is an exogenous variableAn exogenous change is a change that occurs outside of a model or system and affects it. For example, an exogenous change could be a sudden increase in the price of oil due to geopolitical events, which could impact the overall economy.
An exogenous change can impact various factors of spatial utility, depending on the nature of the change. For example, if there is a sudden increase in the price of oil, this could impact transportation costs, which in turn could impact the accessibility of goods and services, and therefore impact the spatial utility of different locations. Similarly, an exogenous change in government policies or regulations could impact the availability of certain amenities or resources in a given location, and therefore impact the spatial utility of that location.
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1. Identify an endogenous variable
2. Identify an exogenous change
3. Which factor of (spatial) utility does an exogenous change impact? In what ways?
Select the correct answer from each drop-down menu.
Fourteen-year old Eric wants to work during his school vacation. What time limits would apply to Eric on normal days to take up any work?
Eric may only work between
and
y during his school vacation,
In many countries, including United States, there are laws that regulate the employment of minors, including the hours that they are allowed to work.
What is employment?Employment refers to state of being employed or having a job, where an individual provides labor in exchange for a salary, wages, or other forms of compensation. It is a fundamental aspect of modern society and an essential means of survival for most people. Employment can take many forms, including full-time, part-time, temporary, or contract work. In addition, it can be self-employment, where an individual is their boss, or working for an organization or company. Employment provides individuals with financial stability, a sense of purpose, and an opportunity for personal and professional growth. It is crucial for economic growth and development, and governments worldwide prioritize creating jobs and reducing unemployment rates to ensure stability and prosperity.
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2. Who are teachers? Write any two works of teachers.
Answer:
Teacher are those person who teach us and Help us for a future Work
Their two work are:-
1).They teach us
2):- They teach us moral value and norms
K
At the beginning of the month, Supplies were $700. During the month, the company purchased $800 of supplies. At
month's end, June 30, $600 of supplies were still on hand.
a. What was the cost of supplies used during the month? Where is this item reported?
b. Where is the ending balance of supplies reported?
c. Make the adjusting entry to update the Supplies account at the end of the month.
a. What was the cost of supplies used during the month? Where is this item reported?
What was the cost of supplies during the month?
Make the adjusting entry to update the Supplies account at the end of the month.
What is the adjusting entry for supplies on hand?The adjusting entry is the difference between the beginning balance in the supplies account and the actual supplies remaining. For example, if the beginning balance is $5,000 and you have $4,000 of supplies on hand, you used $1,000 of supplies during the month.The adjusting entry needs to be recorded by debiting supplies expense and crediting cash. The credit (reduction in the asset) is necessary because office supplies are consumed during the period and will become an expense when used upAll businesses use small consumable items such as paper, pens, paperclips, light bulbs, hand towels etc. Normally a small amount of these items is kept available for immediate use, and this is referred to as supplies on hand.To learn more about adjusting entry for supplies refers to:
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Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?
Answer:
I need points sorry plss forgive I really need it pls
Which of the following is not an advantage cost plus pricing
It leads to profit maximization is not an advantage of cost plus pricing.
What is Profit maximization?Profit maximization is a short- or long-term technique that helps businesses choose the prices, input levels, and output levels that will provide the most profit overall.
Businesses go through the procedure of profit maximization to ensure that the ideal levels of productivity and pricing are attained in order to maximize their profits. In order to meet its profit goals, the corporation alters crucial factors including sale price, cost of production, and value of output. Businesses must reduce costs if they want to increase earnings. Simply said, cost reduction refers to a company's ability to maximize production or provide a particular outcome with the fewest resources feasible.
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Question 13 of 20
What is intrusion of solitude?
O A. When someone is demonstrating conduct like peeping into
windows
O B. When a person's actions make another person look bad by
association
O c. When a person's likeness or name is used for commercial gain
O D. When X states confidential facts about Y without Y giving
permission
SUBMIT
\(\:\huge\mathbb\red{Answer}\)
Option A is the correct answer
What is the purpose of DSM-5?
Answer:
manual for assessment and diagnosis of mental disorders and does not include information or guidelines
1. How do customers judge the quality of a supermarket? 2. Indicate how and why each of these factors is important to the successful operation of a supermarket: a. Customer satisfaction b. Forecasting c. Capacity planning d. Location e. Inventory management f. Layout of the store g. Scheduling 3. What are some of the ways Wegmans uses technology to gain an edge over its competition?
Answer:
1. How do customers judge the quality of a supermarket?
They judge the quality of a supermarket depending on their values and most urgent needs.
Customers who value quality, and even luxury, will say that a good supermarket is one that offers high quality products.
Customers who value price, will prefer a low-cost supermarket.
2. Indicate how and why each of these factors is important to the successful operation of a supermarket:
a. Customer satisfaction - a very important factor because it determines how well the supermarket is serving its customers.
b. Forecasting - the supermarket needs to forecast all sorts of things, from, sales forecasts, to profit forescasts, to costs forecasts.
c. Capacity planning - the supermarket needs to know what it is actually able to do, and what projects it can embark on, for this, it needs to do a lot of capacity planning.
d. Location - Location is extremely important for a supermarket. It determines a large part of the customer demand because customers prefer supermarkets to be close to where they live.
e. Inventory management - Supermarkets need to manage inventories carefully, specially because a lot of the goods that a supermarket sells, are perishables.
f. Layout of the store - The Supermakert needs to be careful when determining the layout of the store. Customers want a layout that is easy to navigate, and where goods are placed according to a coherent classification.
g. Scheduling - The supermarket needs to establish a convenient schedule for its customer base.
What are some of the ways Wegmans uses technology to gain an edge over its competition?
Wegmans is characterized for its early adoption of ground-breaking technologies. For example, recently Wegmans developed a mobile application to assist blind shoppers.
Bookies Inc. sells paperbacks to airport stores. The books cost $1 in material and $1.50 in conversion costs. Selling commission to salespeople average .$50 per book. Fixed overhead costs are $10,000 per month for facility rental, $2,000 per month for accounting, and $3,000 per month for base salary of salespeople. Selling prices average $7.50 per month. How many books must be sold each month to make a profit of $10,000?
Consequently, in order for Bookies Inc. to earn a $10,000 profit each month, 5,556 books must be sold.
How is cost of products sold determined?The formula for calculating cost of goods sold, or COGS, is (Starting Inventory + Purchases) - (Ending Inventory) = COGS.
We must first establish the total cost per book in order to compute the number of books that must be sold each month in order to generate a profit of $10,000:
Total cost per book = material cost + conversion cost + selling commission
Total cost per book = $1 + $1.50 + $0.50
Total cost per book = $3
Next, we need to calculate the total monthly fixed costs:
Total monthly fixed costs = facility rental + accounting + base salary of salespeople
Total monthly fixed costs = $10,000 + $2,000 + $3,000
Total monthly fixed costs = $15,000
Now we can calculate the contribution margin per book:
Contribution margin per book = selling price - total cost per book
Contribution margin per book = $7.50 - $3
Contribution margin per book = $4.50
We need to bring in enough money to cover our fixed costs and our desired profit in order to create a profit of $10,000:
Revenue needed = total monthly fixed costs + desired profit
Revenue needed = $15,000 + $10,000
Revenue needed = $25,000
Lastly, we can determine how many books must be sold to reach the necessary revenue:
Number of books = revenue needed / contribution margin per book
Number of books = $25,000 / $4.50
Number of books = 5,556
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Which of the following is not an important factor to assess when identifying appropriate precedent transactions?
Answer:
how to answer that ?????
The factor that is not important for the identification of precedent transactions is Accretive/dilutive effect of the transaction on the acquirer. Thus, option 2nd is correct.
What is precedent transaction?Precedent transaction refers to the valuation process of the price being paid for the similar companies in the past is taken into account as a gauge of a valuation of company's value.
An estimation of a share's value in the event of an acquisition is produced through precedent transaction analysis. It is the limitation of the precedent transaction that past cost may not reflect the prevailing conditions of the market.
Therefore, it can be concluded that The accretive or dilutive effect of the acquisition on the acquirer is a criterion that is not crucial for identifying prior transactions. Hence, option 2nd is correct.
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Your question is incomplete, but most probably the full question was...
Which of the following is not an important factor to assess when identifying appropriate precedent transactions?
1) Transaction rationale
2) Accretive/dilutive effect of the transaction on the acquirer
3) Transaction size
4) Industry & financial characteristics
Process Costing Tempe Manufacturing Company makes a single product that is produced on a continuous basis in one department. All materials are added at the beginning of production. The total cost per equivalent unit in process in March 2009 was $4.60, consisting of $3.00 for materials and $1.60 for conversion. During the month, 9,300 units of product were transferred to finished goods inventory; on March 31, 2,500 units were in process, 10 percent converted. The company uses weighted average costing.
(a) Determine the cost of goods transferred to finished goods inventory.
(b) Determine the cost of the ending work-in-process inventory.
(c) What was the total cost of the beginning work-in-process inventory plus the current manufacturing costs?
Answer:
a. $42,780
b. $7,900
c. $50,680
Explanation:
Cost of goods transferred to finished goods inventory.
Total Cost = Total unit Cost x Units Transferred
= $4.60 x 9,300 units
= $42,780
Cost of the ending work-in-process inventory
Total Cost = Material Cost + Conversion Cost
= ($3.00 x 2,500) + ($1.60 x 2,500 x 0.10)
= $7,500 + $400
= $7,900
Total cost of the beginning work-in-process inventory plus the current manufacturing costs
This amount equals the sum of Cost of goods transferred to finished goods inventory and Cost of the ending work-in-process inventory.
Thus,
Total Cost = $42,780 + $7,900
= $50,680
May 1: Prepaid rent for three months, $1,800 May 5: Received and paid electricity bill, $50 May 9: Received cash for meals served to customers, $340 May 14: Paid cash for kitchen equipment, $2,900 May 23: Served a banquet on account, $1,560 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $2,700 May 31: Recorded depreciation for May on kitchen equipment, $570 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.
If Sweet Catering had recorded transactions using the Cash method, the net income (loss) they would have recorded for May is ($4,410) instead of ($1,480) under the accrual method.
What is the difference between the cash method and the accrual method?The cash method records revenue and expenses when cash is received or payment is made.
On the other hand, the accrual method recognizes revenue and expenses for the period, whether cash is received/paid or not.
The accrual method records revenue when an invoice is raised and when a bill is received, unlike the cash method.
Transaction Analysis:May 1 Prepaid Rent $1,800 Cash $1,800
May 5 Electricity Expense $50 Cash $50
May 9 Cash $340 Service Revenue $340
May 14 Kitchen Equipment $2,900 Cash $2,900
May 23 Accounts Receivable $1,560 Service Revenue $1,560
May 31 Rent Expense $600 Prepaid Rent $600
May 31 Salary Expense $2,700 Salary Payable $2,700
May 31 Depreciation Expense $570 Accumulated Depreciation $570
Cash Method for Income Statement:Service revenue $340
Expenses:
Rent $1,800
Electricity 50
Kitchen equipment $2,900
Total cash expenses = $4,750
Net income (loss) = ($4,410)
Accrual Method for Income Statement:Service revenue $1,900
Expenses:
Rent $60
Electricity 50
Salary $2,700
Depreciation $570
Total expenses = $3,380
Net income (loss) = ($1,480)
For the purchase of kitchen equipment, the accrual method records depreciation expense for the month while the cash method records the full amount paid for kitchen equipment on May 14.
Thus, a higher net loss is recorded for May when Sweet Catering uses the Cash method than the Accrual method.
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Q: A company does not pay for this type of advertizing
A.) Direct Marketing
B.) Sponsorship
C.) Publicity
D.) Sales Promotion
Answer:
Publicity is da answer btw: ur profile pic is cute
Explanation:
answer:
C.)Publicity
Explanation:
Hope it helps and I hope you have a wonderful rest of your day!!!! :)
Hope it helps and I hope you have a wonderful rest of your day!!!! :)Brainiest is appreciated it would really help me
how will you try overcoming the lower price offer by a competitor?
Answer:
Argue that you are better in every way you can.
Explanation:
hope this helps!
Write down three key takeaways from the home-buying process in the space below.
The three takes aways from the home-buying process are, before going house searching,
research the housing market and be pre-approved for a mortgage.Engage the services of a competent real estate agent to walk you through the process and bargain on your behalf.Before closing, do a comprehensive house inspection to discover any potential concerns or needed repairs.What is the Home-Buying Process?Purchasing a house entails locating a suitable property, obtaining financing, making an offer, obtaining a home inspection, and finalizing the transaction.
If you can't afford a large down payment, national and state first-time buyer programs may be helpful. It's critical to maintain your property and save money once you've moved in.
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WHO IS THE BEST ENTREPRENEUR OF ALL TIMES?
John D. Rockefeller was the best entrepreneur of all time, According to most metrics, the richest person in history. Through horizontal and vertical integrations that turned Standard Oil into a monopoly,
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
He gained his wealth by squeezing out efficiencies. The cost of petrol, however, has significantly decreased for the average customer. In 1911, the government permanently dismantled Standard Oil.
Therefore, First Entrepreneur does a remarkable job of carefully examining and showcasing Washington's significant entrepreneurial culture.
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If workers are more productive, the increase may not be reflected on the static budget variance if there were also:__________
A. Greater sales than planned
B. Less sales than planned
C. Greater production than planned
D. Less production than planned
E. None of the above Clear my choice
Answer:
abcde
Explanation:
abcde...................................................
Sralbn620 Corporation has two divisions: Domestic Division and Foreign Division. Last month, the corporation reported a contribution margin of $47,800 for Domestic Division. Foreign Division had a contribution margin ratio of 25% and its sales were $235,000. Net operating income for the Sralbn620 Corporation was $35,700 and traceable fixed expenses were $55,400.
(ID#32648)
What were Sraibn 620 Corporation's common fixed expenses?
a) $15,450
b) $106,550
c) $55,400
d) $70,850
Answer:
Common fixed expense= $15,450
Explanation:
First, we need to calculate the total contribution margin from the two divisions:
Domestic Division= $47,800
Foreign Division= 235,000*0.25= $58,750
Total contribution margin= $106,550
Now, we can determine the common fixed expense using the following formula:
Net operating income= total contribution margin - traceable fixed expense - common fixed expense
35,700 = 106,550 - 55,400 - common fixed expense
common fixed expense= 51,150 - 35,700
common fixed expense= $15,450
You need to revise your budget to meet your short-term
goal of buying a new computer. You will need to budget
$50 a month.
How will you revise your budget to meet this goal?
I could increase my discretionary spending to $365, which would allow me to spend $50 per month on my computer.
I could also reduce other expenses to compensate for the change. For example, I could replace my entertainment budget with a computer budget.
Make sure to include the following :
creating a new budget item of $50 for a computer
reducing one or more areas by $50 to account for the new budget item
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Answer:
Sample Response -
I could increase my discretionary spending to $365, which would allow me to spend $50 per month on my computer.
I could also reduce other expenses to compensate for the change. For example, I could replace my entertainment budget with a computer budget.
Explanation:
Edge 2023
You overhear your coworker say that only the balance sheet and income statement are needed to evaluate a firm's financial health. Do you agree with this assessment? Why, or why no
Answer:
I do not agree.
Explanation:
The financial health of a company involves more elements than the balance sheet and the statement of results.
For the success or failure of a company to be truly evaluated, it is necessary that in addition to the factors shown above, it is necessary to analyze: the company's profitability in relation to its fixed and variable costs, the level of indebtedness, the balance point between demand and supply and gross and net profit.
You just won the lottery, which promises you $440,000 per year for the next 20 years. You receive the first payment today (hint: annuity due). If your discount rate is 9.00%, what is the present value of your winnings?
Answer:
You sell the money for more
Explanation:
RT Renovations is organized with two service departments (S1 and S2) and two production departments (P1 and P2). The company uses the step method to allocate service department costs, allocating from S1 to S2, P1, and P2 first. The cost accountant tells you that in November, $104,000 was allocated from S2 to P1 (including any cost allocated from S1 to S2). She also tells you that $54,000 was allocated from S1 to S2 in November.P1 used 25 percent of S2 services and P2 used 75 percent of S2 services in November. Finally, S2 used 40 percent of S1 services in November.Required:a. What are the total costs incurred by S1 in November? (Do not round intermediate calculations.)b. What are the total costs incurred by S2 (before any allocations) in November? (Do not round intermediate calculations.)
Answer:
a. $135,000
b. $362,000
Explanation:
a. The computation of the total costs incurred by S1 in November is shown below:
= costs assigned by S1 to S2 ÷ percentage of S1 services used by S2
= $54,000 ÷ 40%
= $135,000
b. The total cost incurred by S2 before any allocations is
= (costs assigned by S2 to P1 ÷ percentage of S2 services used by P1) - costs assigned from S1 to S2
= ($104,000 ÷ 25% - $54,000)
= $416,000 - $54,000
= $362,000
Dr Robyn Miekle
Robyn owns a music production company Gala Music (Pty) Ltd (“Gala”). The primary function of a music production company is to locate artists and facilitate the recording, manufacturing, and distribution of musical products. Gala entered into an agreement with Buntu Events (Pty) Ltd (“Buntu”). Buntu is a full-service event planning company that provides complete planning, consulting, and supervision for both corporate and social events. In this agreement, Gala will provide performing artists for Buntu’s Durban July party on 2 July 2022, and in exchange Buntu will waive the performers' registration fee of R28 750 (VAT inclusive).
Gala charges R11 500 (VAT inclusive) booking fees (not registration fee) for its artists per event. Gala will provide three performing artists for Buntu’s Durban July party on 2 July 2022. Both companies have 30 June year ends and both are registered vendors in terms of the Value-Added Tax Act, 1991 (Act 89 of 1991), as amended.
With reference to the paragraph “Dr Robyn Miekle”, discuss in terms of the Value-Added Tax Act, 1991 (Act 89 of 1991) and applicable case law, if any, the output tax consequences for Gala Music (Pty) Ltd of entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023. For this question, assume that Gala Music (Pty) Ltd had not received nor issued a valid tax invoice.
6
The will be no output tax consequences for Gala Music (Pty) Ltd for entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023 under the Value-Added Tax Act 1991.
What was the Value-Added Tax Act 1991?It was a federal legislation that impose and charge Value Added Tax on certain goods and services and to provide for the administration of the tax and matters.
The Value-Added Tax Section 89 of 1991 Act does the follwing:
provide for taxation in respect of the supply of goods and services and the importation of goodsamend the Transfer Duty Act, 1949amend the Stamp Duties Act, 1968repeal the Sales Tax Act, 1978.Because the Value-Added Tax have been abandoned for a long time in the country, there will be no output tax consequences for Gala Music (Pty) Ltd for entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023 under the Value-Added Tax Act 1991.
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What type of information is NOT found on a consumer's credit report?
A)
bankruptcies or tax liens
B)
employment history
C)
current and past addresses
D)
personal medical information
Yolanda first breaks down
The programming design approach represented in this scenario is modular programming. The programming design approach represented in this scenario is object-oriented programming.
What is programming?The process of creating a set of instructions that tells a computer how to perform a task is known as programming. Computer programming languages such as JavaScript, Python, and C++ can be used to create programs.
Modular programming is the programming design approach represented in this scenario. Yolanda divides the entire game into modules, which are then subdivided further into smaller modules until the individual parts are manageable for programming.
Thus, this method entails representing data and functions as objects and employing inheritance and polymorphism to generate flexible and reusable code.
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complete question.
Identify which type of programming design approach each represents
Yolanda first breaks down the whole game she needs to program into modules. She then breaks these modules into smaller modules until the individual parts are manageable for programming. She writes the smallest modules, and then recombines them into larger parts.
A budget acts as a personal summary of your income and expenses for a defined period of time—usually a month. In this activity, you’ll use a budget template to accurately capture your current spending and expenses over a specific period. It is okay to create a fictional budget. This exercise is just for practice.
A monthly budget serves as a personal overview of your earnings and outgoings for the given time period. Knowing what amount of cash your have, how much you've spent, and how much is required to save or sell helps you make financial decisions.
A budget also makes it simpler to assess your progress on financial objectives and gives you a clear picture of where the cash should go. We should include your income, spending, savings, and assets while creating a budget. To ensure that you have sufficient cash to save or invest, it's crucial to just include the required costs. Regular budget reviews can also help the company make minor modifications and stay on target.
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One of the considerations when relying exclusively on cost-effectiveness analysis (CEA) to determine whether a category of people receives an expensive, potentially life-saving, intervention is:
a. CEA determines the efficient threshold above which treatments are unnecessarily expensive.
b. CEA studies are subjective and rely on the judgment of clinicians and researchers.
c. CEA studies are considered the gold standard as far as evaluation studies are concerned.
d. CEA ignores the possibility that certain unidentified individuals in a group may have a greater than normal positive response to the treatment.
e. CEA studies take a long time to conduct and are expensive to evaluate.
When relying solely on cost-effectiveness analysis (CEA) to decide whether a group of individuals receives an expensive, potentially life-saving intervention, one thing to keep in mind is that CEA establishes the efficiency threshold at which treatments become unduly expensive.
What does a cost-effectiveness analysis (CEA) entail?In order to evaluate the costs and health effects of one or more interventions, cost-effectiveness analysis is used. By evaluating how much it costs to obtain a unit of a health outcome, like a life year gained or a death prevented, it compares an intervention to another intervention (or the status quo).
What are the fundamental actions in carrying out a cost-effectiveness analysis?In a nutshell, there are three main steps. The first step entails outlining the program's workflows and listing all of its resources. Second, determine the amount of each resource used. Third, give each resource a unit cost value and add them together to get total expenses.
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