the internal revenue service is an external user of accounting information and a question 2 options: taxing authority. labor union. customer. regulatory agency.
Answers
The internal revenue service is an external user of accounting information and a taxing authority.
What is accounting?The process of gathering, compiling and reporting information on business and financial transactions. also this system's guidelines and practices. as a first-year student, I studied accounting: work done in accounting or by accountants.
The term tax authority refers to, any quasi-governmental or private organization with jurisdiction over the assessment, decision, collection, or imposition of any Tax, or any commission or entity thereto (including the IRS).
Therefore, The right option (A) is correct.
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Related Questions
why is foreign government overship of U.S. debt not currently a huge concern among many economists?
a. It could lead to eventual foreign control of our economy and policies, which would encourage economic growth in the future.
b. The amount of debt held by foreigners is substantially less than the money the United States owes itself.
c. The United States has a proven track record of negotiating debt-forgiveness deals, so it is unlikely that the debt will have to be paid back.
d. Foreign ownership of U.S. debt drives interest rates up, which is good for savers in the United States.
e. Foreign countries would bail out the United Sta
Answers
Foreign government ownership of U.S. debt is not currently a huge concern among many economists because the amount of debt held by foreigners is substantially less than the money the United States owes itself. The correct option is b) The amount of debt held by foreigners is substantially less than the money the United States owes itself.
While the total amount of U.S. debt held by foreign countries is significant, it represents a relatively small proportion of the overall debt. Additionally, the United States has a proven track record of negotiating debt-forgiveness deals, so it is unlikely that the debt will have to be paid back in full.
Secondly, foreign ownership of U.S. debt drives interest rates up, which is good for savers in the United States. Higher interest rates mean higher returns on savings accounts and other investments. This can help to stimulate the economy and encourage growth.
Finally, while foreign countries could theoretically bail out the United States if it were to default on its debt, this is unlikely to happen. Most countries have their own debt issues to contend with, and it is not in their best interests to prop up the U.S. economy indefinitely.
Overall, while foreign government ownership of U.S. debt is not without its risks, it is currently viewed as a manageable concern by most economists. The United States has a strong economy and a history of responsible fiscal policy, which should help to mitigate the risks associated with foreign ownership of its debt. hence The correct option is b)
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A bank has written 10,000 call option on one stock and 10,000 put option on another stock. For the first option the stock price is $50, the strike price is $51, the volatility is 28% per annum, and the time to maturity is nine months. For the second option the stock price is $20, the strike price is $19, the volatility is 25% per annum, and the time to maturity is one year. Neither stock pays a dividend, the risk-free rate is 6% per annum, and the correlation between stock price returns is 0.4. Calculate a 10-day 99% VaR for bank’s portfolio of 10,000 calls and 10,000 puts.
Answers
Compare items that are exempt and nonexempt from Chapter 7 fillings.
second car
pension
household appliances
family heirlooms
fuzzy friends launched a line of miniature-sized stuffed animals which, became extremely popular within days of their release. customers queued up to buy the stuffed animals and stores ran out of stock rapidly. however, in a few months, demand for the product started to decline and the company soon discontinued production of the line. based on the product life cycle curve of the product, the product can be identified as a multiple choice high-learning product. fad product. low-learning product. staple product. fashion product.
Answers
Based on the product life cycle curve of the product, the product can be identified as a fad product.
In economics, a call for the curve is a graph depicting the connection between the price of a positive commodity (the y-axis) and the amount of that commodity that is demanded at that charge (the x-axis).
A deliver and demand curve is a graph that represents the connection between how tons of a product are available to a market and how much the clients in a marketplace want the product. the two strains of the graph illustrate the connection between price and demand for these elements.
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rate is assumed to be s1 2.000 The equipment has an expected useful life of five years. Which is an entry that would be recorded in the fund financial statements? Multipe aroloe Right of Use Asset - Equipment 200000 \begin{tabular}{l|l} Lease Payable & 160,000 \\ 405h & 4000 \end{tabular} cash 40000 Expenditures Loase cantrace 121000 Cash 121,000 Expenditures-Lease corntract 121,000 Other Financing Sources 121,000
Answers
The entry that would be recorded in the fund financial statements is: Right of Use Asset - Equipment $200,000; Lease Payable $160,000; Cash $40,000.
Based on the given information, the entry to be recorded in the fund financial statements would be:
Debit: Right of Use Asset - Equipment $200,000
This represents the recognition of the right of use asset for the equipment, which has a value of $200,000.
Credit: Lease Payable $160,000
This represents the liability associated with the lease payable for the equipment, which is $160,000.
Credit: Cash $40,000
This represents the cash payment made in relation to the lease agreement for the equipment, amounting to $40,000.
These entries reflect the recognition of the right of use asset, the corresponding lease liability, and the cash outflow associated with the lease contract. These entries are important for accurately reporting the financial position and transactions related to the equipment lease in the fund financial statements.
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In the author's example, knowledge of personal finance (see two prior questions) was worth _____. (no dollar sign)
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In the author's example, knowledge of personal finance was worth thousands of dollars. How personal finance knowledge is valuable? Personal finance knowledge is valuable as it helps to increase the earnings, save money, and plan for the future.
It helps to develop a budget for both short and long-term goals and is useful in making informed decisions. Moreover, it gives an understanding of how to deal with financial crises and how to avoid financial scams, thus helping to prevent financial fraud. It also assists in managing debt and building wealth and assets. Therefore, knowledge of personal finance is worth thousands of dollars.
Nonprofit organizations are the society or the public as the funds are utilized in providing welfare and charity services. The main objective of the Nonprofit organization is to cater to the needs of society by providing charitable and welfare services, while the profit earned is used to sustain and develop the organization to serve the society. Hence, A company like Wal-Mart provides a lot of jobs, and it is not a Nonprofit organization.
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Which term refers to the largest rate of use of a resource that will not impair its ability to be renewed
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It can be deduced that the term that refers to the largest rate of use of a resource is the maximum sustainable yield.
What is maximum sustainable yield?It should be noted that the maximum sustainable yield is the highest possible annual catch which can be sustained over time.
Maximum sustainable yield is the largest rate of use of a resource that will not impair its ability to be renewed.
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When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answers
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
What is the total amount of property, plant, and equipment assuming the accounts above reflect normal activity?
Answers
The total amount of property, plant, and equipment assuming the accounts above reflect normal activity is: $98,000.
How did we arrive at the above number?All things equal, PPE or Property Plant and Equipment is simply all the items that fit the above description.
From the accounting information given, these would be:
Land - $90,000
Equipment - $ 8,000
Total = $98,000
What is normal activity in accounting?Normal activity is the average production volume over a long period of time, taking into account seasonal variations.
The standard factory overhead rate is computed based on this activity level and then applied to the number of units produced.
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Full Question:
The following financial information is from Cook Company:
Accounts Payable $55,000
Land $90,000
Inventory $10,500
Accounts Receivable $7,500
Equipment $8,000
Deferred Revenue $58,500
Short-term Investments $20,000
Notes Receivable (due in 8 months) $45,500
Interest Payable $2,000
Patents $75,000
What is the total amount of property, plant, and equipment assuming the accounts above reflect normal activity?
it should not approve the foan to the borrower. A. 0.02% B. 0.034 c0.05x D. o.0nk C. 0.016
Answers
Based on the terms you provided, it should not approve the foan to the borrower 0.0nk. So the correct answer is D. 0.0nk.
Terms refer to specific words, phrases, or expressions that carry specific meanings within a particular context or domain. In various fields, such as law, science, or technology, terms serve as standardized vocabulary to convey precise information and ensure clear communication. Terms often have defined definitions and can be subject to interpretation, depending on the context. Understanding and correctly utilizing terms is crucial for effective communication, accurate comprehension, and avoiding misunderstandings. It enables individuals to navigate specialized knowledge and engage in meaningful discussions within their respective fields.
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At an open house a listing broker greets a customer. The broker can do all of the following EXCEPT
A) Answer general, publicly advertised questions about the property
B) Be truthful when asked about property defects
C) Negotiate sale terms with the customer
D) Allow them to walk around the property
Answers
At an open house, a listing broker greets a customer. The broker can do all of the following EXCEPT negotiate sale terms with the customer. The correct option is C.
A listing broker at an open house can answer general, publicly advertised questions about the property (option A), be truthful when asked about property defects (option B), and allow potential customers to walk around the property (option D). However, negotiating sale terms with the customer is typically the responsibility of the buyer's agent or the seller's agent, rather than the listing broker. The listing broker's main role is to market the property, provide information, and facilitate potential buyers' viewing of the property.
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a method for managing pollution in which a limit is placed on emissions and businesses or countries can by and sell emissions allowances
Answers
A method for managing pollution in which a limit is placed on emissions and businesses or countries can by and sell emissions allowances is Cap and trade .
What does the term "cap and trade" mean?
A "cap" on maximum emissions is imposed under the cap-and-trade system, which reduces the total emissions from a number of emitters.
It is said to as a market-based approach that aims to lower total pollutant emissions and promote corporate investment in fossil fuel substitutes and energy efficiency.
What does "cap and trade system" mean?
A government regulation scheme known as "cap and trade" aims to reduce or "cap" the overall level of certain chemical pollutants, primarily carbon dioxide emissions, that arise from industrial activity.
The argument put up by cap and trade proponents is that it is a preferable option to a carbon tax.
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Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school
Answers
Answer:
Volunteering at a health clinic after school
Explanation:
If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.
2. What are some banks, non-banks, technology and retail companies? Name 1 of each and explain what they are and what they do?
Answers
Banks are businesses that provide a range of financial services, such as mortgages, savings accounts, and loans. JPMorgan Chase, one of the biggest banks in the US, is an illustration of a bank. Financial services offered by JPMorgan Chase include banking, investing, and credit card services.
What are retail companies?Businesses that sell goods directly to customers are known as retail companies. Walmart, one of the biggest retailers in the world, is a good example of a retail business. Walmart runs a network of grocery stores, discount department stores, and hypermarkets and provides customers with a variety of goods and services.
Companies that provide financial services but lack a banking license are known as non-bank financial institutions. American Express, a provider of credit cards, debit cards, and other financial services, is one example of a non-bank financial institution.
Therefore, banks, non-banks, technology, and retail companies are stated above.
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Which job in the Finance career cluster is ideal for a person with a master’s degree?
A. Bank Teller
B. Controller
C. New Accounts Clerk
D. Loan Officer
Answers
Answer:
i put d
Explanation:
Answer:
ddddddddddddddddddddddddddddddddddddddddddd
Explanation:
Can an offer can be assigned?
Answers
Answer:
yes
Explanation:
Brenda and Louise are twin sisters who each married 20 years ago. Brenda and her husband run a small piano tuning business. They have had a small, loyal customer base, and their modest but adequate income has not changed over time. Louise and her husband each work for a corporation, and their incomes have steadily increased over the last 20 years allowing them to increase their standard of living. Assuming that Brenda and Louise began their married lives equally happy, and based on their income histories alone, what would you predict about the subjective well-being of Brenda and Louise today
Answers
Answer: Probably, still happy
Explanation:
People measure success differently, and what makes an individual happy may not be applicable to another, some person's gain satisfaction in doing their own business, while some prefer working for other people. This is why there isn't any specific measure for people's success. Concerning Brenda and Louise, there is a great possibility that they are happy in their various endeavors, having chosen a particular career part and stuck to it for years. This doesn't mean they won't have challenges but means they are happy where they are.
Applications of can help marketers determine which television shows current and potential customers watch,
allowing marketers to determine the value of advertising on a particular show.
O A. Big Data
B. customer relationship management (CRM)
OC. one-to-one marketing
OD. search engine optimization (SEO)
E. data mining
Answers
explain the aims of accelerated growth Initiative for South Africa
Answers
Answer:
The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was prepared during 2005 and launched in February 2006. Its objectives were to introduce policies, programmes and interventions that would allow the South African economy to grow enough to halve poverty and unemployment between 2004 and 2014.
may this help u and have a good day
XXX preferred stock pays an annual dividend of $1.25 per share.
What is the value of the preferred stock if your required rate of
return is 9%?
Answers
The value of a stock refers to the estimated worth or price of a single share of the stock in the financial market. The value of the preferred stock is approximately $13.89.
The value of preferred stock is calculated using the formula for the present value of a perpetuity, which takes into account the annual dividend per share and the required rate of return. In this case, the preferred stock pays an annual dividend of $1.25 per share, and the required rate of return is 9%. By dividing the dividend per share by the required rate of return, we can calculate the value of the preferred stock. Therefore, the value of the preferred stock is approximately $13.89. This represents the estimated worth of the preferred stock based on the given dividend and the required rate of return. Investors can use this value to assess the attractiveness of the investment and make informed decisions.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Who are the communicators between employees and managers? * a. Supervisors b. Shift managers c. Department managers d. General managers
Answers
The communicators between employees and managers is the supervisors as they work to for both side. The Option A is correct.
What is the role of a communicator in a company?Mainly, business communication is communication that is intended to help a company achieve a fundamental goal by sharing information among employees and people outside the company.
An effective communicator in business seeks to unite the audience by using ideas and language that are appropriate for all readers or listeners of the message. Emotions and logic both influence people. The ethical communicator will be enthusiastic and passionate without being disrespectful.
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*
Every year,
large public corporations commit fraud.
3 out of 7
5 out of 7
O
1 out of 7
4 out of 7
Answers
what is the impact of atm on banking sector?
Answers
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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A car is driven 15Km East for 12minutes before the road changes. The car is then driven south for 18minute
Answers
Answer:
30Km
Explanation:
What Is the Contribution Margin Ratio?
Answers
The sum of a company's revenue less its variable costs, divided by revenue, is the contribution margin ratio of that company. Sales revenue divided by (Sales income less all variable costs) is the contribution margin ratio.
What is an illustration of a contribution margin ratio?The amount of money a company keeps after paying all variable costs related to creating a product is known as its contribution margin, sometimes known as its gross margin. Your net income, or profit, is obtained by deducting your contribution margin from fixed costs like rent, equipment leases, and employee pay.
The $1,000 total for variable charges. $6000 minus $1,000 equals $5,000, which is the contribution margin. A margin of 83% ($5,000/$6,000) can be seen in the contribution margin ratio. Despite having a greater contribution margin from selling coffee, this café owner makes significantly more money from selling muffins (83% vs. 60%).
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Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario it can be inferred that Thomas has adopted a(n) _________ mechanism for coordinating. Group of answer choices
Answers
Group of answer choices.
a. bureaucratic
b. authoritative
c. centralized
d. behavioristic
Answer:
d. behavioristic.
Explanation:
A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.
These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.
A span of control can be defined as the number of people (employees or workers), functions, activities which are being directly controlled effectively and efficiently by a manager in an organization.
In this scenario, Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario, it can be inferred that Thomas has adopted a behavioristic mechanism for coordinating because he doesn't exert too much control over his subordinates.
When a loan is initially made, the dollar amount of the loan should equal.
Answers
When a loan is initially made, the dollar amount of the loan should equal the amount of money that the borrower has requested to borrow, also known as the principal amount.
A loan is a financial arrangement in which a borrower borrows a sum of money from a lender with the understanding that it will be returned or repaid in the future with interest. A loan is an agreement between two parties in which the borrower agrees to repay the borrowed amount in exchange for the lender's promise to lend. The dollar amount of the loan should equal the amount of money that the borrower has requested to borrow, also known as the principal amount. A loan can be secured or unsecured depending on the type of agreement reached between the lender and the borrower. A secured loan is one in which the borrower pledges collateral to the lender in exchange for a lower interest rate. An unsecured loan, on the other hand, is one in which the borrower does not pledge any collateral to the lender and is therefore charged a higher interest rate to compensate the lender for the added risk involved.
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Josh is journalizing an adjustment for a bank service fee. What type of
account would this be considered?
A. cash
B. revenue
C. expense
D. accounts payable
Answers
Answer:
Expense
Explanation:
A low-cost provider strategy becomes increasingly appealing and competitively powerful when.
Answers
A low-cost provider strategy is said to be more increasingly appealing and competitively powerful only when it is difficult to achieve product differentiation in ways that have value to buyers.
What is Low-Cost Provider Strategy?A low-cost provider is known to be a method used when one aim or try to seeks to sell its products at the lowest price possible.
It is often done while still making a profit so that it can appeal to customers and make them to come to the market. It is known to often appeal to a broad market.
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difference between administrative manpower and technical manpower
Answers
The difference between the technical and administrative manpower is as follows:
Work role undertakenFocus on project or organizationType of tasks being preformedWhat is meant by manpower?Manpower is the human resource or workforce being employed on the work assigned in the organization.
Administrative manpower is engaged in planning and implementing the policies in an organization whereas technical manpower executing the tasks related to a project.Administrative manpower relates the organization as a whole while the project work is tied with the appointment of technical manpower.Administration tasks are preformed by admin manpower whereas technical and clerical tasks are initiated by technical manpower.Therefore, the comparison between both the man-powers being explained as above.
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