The normal balance of Owner's Capital account is credit.
A. True B. False
A debit to a Rent revenue account indicates an increase in that account.
A. True
B. False
Posting is usually prepared before journalizing.
A. True
B. False
Answers
True. The normal balance of the Owner's Capital account is credit, meaning that any increases to the account are recorded as credits and any decreases are recorded as debits.
The answer to the second question is A. True. A debit to a revenue account, such as Rent revenue, indicates an increase in that account. This is because revenue accounts have normal credit balances, so a debit would increase the balance. The answer to the third question is B. False.
Journalizing is the process of recording transactions in a journal, while posting is the process of transferring those journal entries to the appropriate accounts in the general ledger. Posting always comes after journalizing.
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Related Questions
A customer opens a margin account by purchasing 300 shares of XYZ stock at $80 per share and deposits the required margin. If the stock declines in value by 25%, the customer's equity in the account will: A remain unchanged B decline by 12.5% C decline by 25% D decline by 50%
Answers
The customer's equity in the account will decline by approximately 37.
to determine the customer's equity in the account after the stock decline, let's calculate the initial investment and the new value of the stock.
the initial investment can be calculated by multiplying the number of shares purchased (300) by the purchase price per share ($80):initial investment = 300 shares * $80/share = $24,000
since the customer opens a margin account, they would have deposited a certain amount as required margin, which we'll assume is $8,000.
the new value of the stock after a 25% decline can be calculated by multiplying the initial value by (1 - 0.25):
new stock value = $24,000 * (1 - 0.25) = $24,000 * 0.75 = $18,000
now, let's calculate the customer's equity in the account by subtracting any outstanding loans (margin) from the new stock value:equity = new stock value - margin
equity = $18,000 - $8,000 = $10,000
to determine the change in equity, we compare the initial equity ($24,000 - $8,000 = $16,000) with the new equity ($10,000):change in equity = initial equity - new equity
change in equity = $16,000 - $10,000 = $6,000
to express the change in equity as a percentage, we divide the change by the initial equity and multiply by 100:percentage change = (change in equity / initial equity) * 100
percentage change = ($6,000 / $16,000) * 100 ≈ 37.5% 5%.
the closest from the provided choices is d) decline by 50%, but the correct answer is not among the s.
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when there is a decrease in the price level all else held equal net exports will ____, which causes _____ in the quantity of real GDP demanded.
Answers
When there is a decrease in the price level, all else held equal, net exports will increase, which causes an increase in the quantity of real GDP demanded.
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any business ideas u guys want to do in the future?
Answers
Explanation:
I would like to be a pathologist because they peform autospys which is when they figure out how a person died or a paramedic
During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
Answers
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
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Implement a superclass Appointment and subclasses Onetime, Daily, and Monthly.
3. Make sure the appointment has a description (for example, "see the dentist") and occurs on one or more dates.
4. Write a method occursOn(Date d) that checks whether the appointment occurs on that date. For a monthly appointment, you must
check whether the day of the month matches.
5. Appointment class must implement Recurring interface. It contains the repeat method.
6. When the repeat method is called on a Daily appointment object, get the number of occurrences from the user and add all
continuous dates until the end date of the list of dates.
Tip: It is good practice not to have user input only in the main function and not to add it to other member functions.
7. When the repeat method is called on a Monthly appointment object, get the number of occurrences from the user and add the
same date of consecutive months until the end date of the list of dates.
8. When the repeat method is called on a Onetime appointment object, print a message that says, "One-time appointments cannot
be repeated. Sorry."
9. Add an abstract method cancelAppointment to Appointment. The subclasses must override this and empty the list of dates.
For Daily appointments, print a message that says, "Daily appointment is cancelled." Change the message accordingly for other
subclasses.
10. Use the class SchedulingAssistant as your tester/main class. Then fill an array of Appointment objects with a mixture of
appointments (Onetime, Daily, and Monthly appointments).
11. Prompt the user to enter a date and print out all appointments that occur on that date
12. Give the user the option to add new appointments. The user must specify the type of the appointment, the description, and the Iteratively ask if the user wishes to add an appointment or view appointments on a specific date until they wish to exit. Implement
this using a do-while loop.
Answers
Implement a superclass Appointment and subclasses Onetime, Daily, and Monthly, with methods for occurrence checking, repeating appointments, cancellation, and scheduling assistance.
To implement the appointment system, we create a superclass called "Appointment" and three subclasses: "Onetime," "Daily," and "Monthly." The Appointment class has a description and a list of dates. It implements the Recurring interface, which includes a "repeat" method. The "occursOn(Date d)" method checks if an appointment occurs on a specific date. For Daily appointments, the "repeat" method adds continuous dates based on user input. For Monthly appointments, it adds the same date for consecutive months. Onetime appointments display a message that they cannot be repeated
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All of the following are skills of public relations except:
A. Writing
B. Selling
C. Editing
D. Reading
E. Speaking
Answers
Answer: B. Selling
Explanation:
Select the correct answer.
If a deal sounds too good to be true, it usually is.
-True
-False
Plato Course Assesment
Answers
It’s it’s too good to be true then theirs a catch which makes the deal worse
Well the real answer is True
Explanation: It is not a real explanation but the person said it's not false, so I choose to shout out the answer for all of you people. Anyways good luck with the quiz or test!
Suppose we know the following two exchange rates:
$1=C$1.35
$1-MP20.3
What is the cross-rate of C$ per MP?
Answers
According to the given question, the cross-rate of C$ per MP is approximately C$0.0665 per MP.
To find the cross-rate of C$ per MP, we will use the given exchange rates: $1 = C$1.35, and $1 = MP20.3. Follow these steps to determine the cross-rate:
1. Write down the given exchange rates:
$1 = C$1.35
$1 = MP20.3
2. Now, our goal is to find the rate in C$ per MP. To do this, we'll eliminate the $ by dividing one equation by the other. Divide the first equation by the second equation.
(C$1.35/$1) ÷ (MP20.3/$1)
3. As both the denominators are $1, they cancel each other out:
C$1.35 ÷ MP20.3
4. Calculate the value by dividing 1.35 by 20.3:
C$0.0665 per MP
So, the cross-rate of C$ per MP is approximately C$0.0665 per MP.
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Question 1
All of the below are examples of noteworthy news that could generate positive media mentions, EXCEPT
Hiring a new employee
A partnership with a local nonprofit that you donate to
Growth of your business into new markets or product lines
A new product or service rollout
Answers
Answer:
A new product or service rollout
Explanation:
While a new product or service rollout can be important for a business, it is not necessarily noteworthy news that would generate positive media mentions. Positive media mentions typically come from news that is unique, impactful, or of significant interest to the public, such as a partnership with a local nonprofit or growth of a business into new markets or product lines. Hiring a new employee is also noteworthy news, as it can demonstrate growth and success for a business.
Which of the 4 P's focuses on communicating the value proposition?
Answers
Answer: The marketing mix is most commonly executed through the 4 P's of marketing: Price, Product, Promotion, and Place.
Explanation:
Identify whether the income below would be considered earned income, passive income, or portfolio income. Mychal’s parents bought a house, fixed it up, and sold it at a higher price.
Answers
Answer: Portfolio income is money received from investments, dividends, interest, and capital gains. It is one of three categories of income.
Explanation:
First State Security Bank is planning to set up its own Web page to atwertise its location and services on the Internet and to ofleo cisshamers selected Fervice optons, such as paying recurring households bills, verifying account balances, and dispensing deposif account and loan application formes What tactors should Firsi State take into account as it plans its own Web page and internet service mentip How can the bank effectively differentiate tis internet service package? (Please answer this in detall for ful credits) For the toolbar, preas ALT+F10 (DC) or ALT+FN+F10 (Mac).
Answers
First State Security Bank should take into account factors such as user experience, security measures, functionality, and competitive analysis when planning its own web page and internet service.
To effectively differentiate its internet service package, the bank can focus on the following aspects:
User Experience: Designing a user-friendly and intuitive interface that allows customers to easily navigate and access the desired services. Providing a seamless and convenient experience can enhance customer satisfaction and loyalty.
Security Measures: Implementing robust security measures to protect customer data and transactions. This includes using encryption technology, multi-factor authentication, and regular security audits to ensure the safety of customer information.
Functionality: Offering a comprehensive range of services and features that cater to the diverse needs of customers. This can include online bill payment, real-time balance updates, fund transfers, and personalized account management options. Providing convenient and efficient functionality can attract and retain customers.
Competitive Analysis: Conducting thorough research on competitors' internet service offerings to identify gaps or areas where the bank can provide unique value. Understanding customer preferences and expectations in the digital banking space can help the bank tailor its services and stand out from the competition.
By considering these factors and focusing on user experience, security, functionality, and differentiation, First State Security Bank can develop a compelling internet service package that meets customer needs and enhances its competitive position in the market.
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What is a subcontractor
Answers
Answer:
business or person that carries out work for a company as part of a larger project.
Explanation:
A hun
Type the correct answer in the box. Spell all words correctly.
Peter is planning his finances for the next couple of years. He wants to save money to eventually by a house because he will be getting married
soon. He has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down paymet
for a house. At which phase of the financial life cycle is Peter in?
Peter is in the
phase of the financial life cycle.
Answers
Answer: initial stage
Explanation:
The initial stage of financial life cycle is simply the first stage or the beginning phase of the financial cycle. Since he want to save so that he can get a house, thus means that he wants to accumulate asset.
Furthermore, it should be noted that the initial phase of the financial life cycle typically begin at a young age of about 25 years.
Answer:
initial stage
Explanation:
Firms should emphasize the importance of consistently good customer service to its employees so that good customer service becomes part of the ______.
Answers
We can actually deduce here that firms should emphasize the importance of consistently good customer service to its employees so that good customer service becomes part of the organizational culture.
What is organizational culture?Organizational culture is actually known as the practices, principles, values and standards that are set-up within a company or organization which helps to guide and direct the action of all workers in that organization.
Good organizational culture has a lot of benefits as it helps to preserve the lifespan of the organization. Also, it helps to maintain the organization's trustworthiness among clients and customers.
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many buyers use futures contracts to agree to purchase a commodity at a specific time in the future. what is one benefit of looking at the prices of such futures contracts to businesses that produce these commodities?
Answers
Futures prices can be used as an indicator of future spot prices because they are based on the current market price of a commodity.
What is one benefit of looking at the prices of such futures contracts to businesses?Futures prices can be used as an indicator of future spot prices. This allows businesses to predict how much they will need to charge for their commodity in the future.
Futures contracts are often used by businesses to protect themselves from price fluctuations. By looking at the prices of futures contracts, businesses can get an idea of how the market price of their commodity is likely to change in the future. This information can help businesses to make pricing decisions and to hedge their risks.
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make me laugh and ill give you brainly along with 15 points
remember\(\left[\begin{array}{ccc}180&260&life\\make&me&laugh\\level&hard&because im tierdnit will be hard good luck\end{array}\right]\)
Answers
Answer:
Whats a lawyers favorite suit...
A lawsuit
Explanation:
As a type of sales promotion, ______ take the form of advertising signs, which sometimes actually hold or display the product and are often located in high-traffic areas in stores. Multiple choice question. premiums point-of-purchase displays trade promotions product placement
Answers
Answer:
point-of-purchase displays
Explanation:
point-of-purchase displays
Consumers tend to purchase a good at a lower than at a higher price. Why (state any assumptions made)? Do consumers always behave this way? Explain your response.
Answers
According to the law of demand, the price of a good is negatively related to the quantity demanded all other things remaining equal.
Consumers do not always buy good at a lower price than at a higher price.
What is the law of demand?According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. there is an inverse relationship between price and quantity demanded.
Consumers do not always buy goods at a lower price than a higher price. For example, for luxury goods, consumers would prefer to buy it at a higher price than at a lower price. This is because luxury goods are used to show wealth. If the price of a good that is considered to be used solely be wealthy people declines, some rich people would not want to purchase the goods again because it is now affordable by the masses.
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ABC Inc. is planning to buy machine A which will cost $ 10 million.The expected life of the machine is 5 years.The salvage value of the machine is nil.ABC Inc.is expecting cash-flow of $5 million for the first two years,$3 million for the next 2 years &$2 million in 5th year.Operating expense is $ 1 million for every year.Discounting rate is 10%.(AssumptionNo tax) Formulate Capital Budgeting using the following techniques: a) Payback period b) Discounted payback period c) Net Present Value (p Return on Investment e) Profitability Index
Answers
Using the capital budgeting techniques, we find that the payback period for the investment is 4 years, the discounted payback period is also 4 years, the Net Present Value (NPV) is $4.87 million, the Return on Investment (ROI) is 80%, and the Profitability Index is 1.49.
a) Payback period:
The payback period is calculated by determining the point at which the cumulative cash inflows equal or exceed the initial investment of $10 million.
Year 1: Cash inflow = $5 millionYear 2: Cash inflow = $5 millionYear 3: Cash inflow = $3 millionYear 4: Cash inflow = $3 millionYear 5: Cash inflow = $2 millionCumulative cash inflows:
Year 1: $5 millionYear 2: $10 millionYear 3: $13 millionYear 4: $16 millionYear 5: $18 millionThe payback period is between Year 4 and Year 5. Since the cumulative cash inflows exceed the initial investment in Year 4, the payback period is 4 years.
b) Discounted payback period:
Using a discount rate of 10%, the discounted cash inflows are calculated and determined the point at which the cumulative discounted cash inflows equal or exceed the initial investment.
Year 1: Discounted cash inflow = $5 million / (1 + 0.1)^1 = $4.55 millionYear 2: Discounted cash inflow = $5 million / (1 + 0.1)^2 = $4.13 millionYear 3: Discounted cash inflow = $3 million / (1 + 0.1)^3 = $2.48 millionYear 4: Discounted cash inflow = $3 million / (1 + 0.1)^4 = $2.25 millionYear 5: Discounted cash inflow = $2 million / (1 + 0.1)^5 = $1.46 millionCumulative discounted cash inflows:
Year 1: $4.55 millionYear 2: $8.68 millionYear 3: $11.16 millionYear 4: $13.41 millionYear 5: $14.87 millionThe discounted payback period is between Year 4 and Year 5. Since the cumulative discounted cash inflows exceed the initial investment in Year 4, the discounted payback period is 4 years.
c) Net Present Value (NPV):
The NPV is calculated by discounting the cash inflows at a rate of 10% and subtract the initial investment.
NPV = (Cash inflow / (1 + Discount rate)^Year) - Initial investment
NPV = ($5 million / (1 + 0.1)^1) + ($5 million / (1 + 0.1)^2) + ($3 million / (1 + 0.1)^3) + ($3 million / (1 + 0.1)^4) + ($2 million / (1 + 0.1)^5) - $10 millionNPV = $4.55 million + $4.13 million + $2.48 million + $2.25 million + $1.46 million - $10 millionNPV = $4.87 milliond) Return on Investment (ROI):
ROI = (Net profit / Initial investment) x 100
Net profit = Cumulative cash inflows - Initial investment
Net profit = $18 million - $10 millionNet profit = $8 millionROI = ($8 million / $10 million) x 100ROI = 80%e) Profitability Index:
Profitability Index = Present value of cash inflows / Initial investment
Present value of cash inflows = ($4.55 million + $4.13 million + $2.48 million + $2.25 million + $1.46 million)
Profitability Index = ($14.87 million / $10 million)Profitability Index = 1.49To know more about capital budgeting techniques, refer to the link:
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How do I pay taxes once I turn 18?
Answers
Answer:
ask your mother
Explanation:
ask your mother:)
Callable vs. puttable bond
Coupon vs. zero-coupon bond
Premium vs. discount bond
Answers
Callable Bond vs. Puttable Bond: Choice for issuer/bondholder. Coupon Bond vs. Zero-Coupon Bond: Periodic vs. no periodic interest. Premium Bond vs. Discount Bond: Above vs. below face value.
A. Callable Bond vs. Puttable Bond:
Callable bond: Issuer has the option to redeem the bond before maturity while Puttable bond: Bondholder has the option to sell the bond back to the issuer before maturity.
B. Coupon Bond vs. Zero-Coupon Bond:
Coupon bond: Makes periodic interest payments (coupons) to bondholders while Zero-coupon bond: Does not make periodic interest payments; issued at a discount and provides return upon maturity.
C. Premium Bond vs. Discount Bond:
Premium bond: Trades at a price higher than its face value, typically due to a higher coupon rate while Discount bond: Trades at a price lower than its face value, usually due to a lower coupon rate.
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Nominal gross domestic product (gdp) is a poor measure of economic growth because it?
Answers
Nominal gross domestic product (gdp) is a poor measure of economic growth because it does not consider changes in prices or population growth.
One way to gauge an economy's health and well-being is to look at its gross domestic product. It is the total worth of all things and services produced over a specific time period less the value of those who worked on those goods and services.
Nominal GDP is a measurement of economic output in an economy that takes into account current prices. It does not adjust for inflation or the rate of price increases, which can overstate the growth rate.
The prices that were actually paid for all products and services in that year are the values used to calculate nominal GDP.
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Five years ago Tosev Inc. issued 30-year, $1,000 par value, semi-annual coupon bonds with a coupon rate of 9.10 percent. The bonds originally sold at a price of $1,010.32 per bond. Currently, those bonds have a market price of $1,118.15 per bond. The Chief Financial Officer of Tosev is currently considering issuing new bonds. These bonds will have a par value of $1,000, semi-annual coupon payments, a term of 25 years and a coupon rate of 8 percent. Due to differences in the legal provisions of the bonds, the Chief Financial Officer estimates that the yield to maturity on the new bonds will be one percent higher than the current yield to maturity on the old bonds. Based on the Chief Financial Officer's estimate, what would be the price per bond of the new bonds today?
A. $ 817.44
B. $ 896.67
C. $ 901.19
D. $1,000.00
E. $1,118.15
Which of the following statements is most correct?
A. If a bond's yield to maturity exceeds its annual coupon rate, then the bond will be trading at a premium.
B. If interest rates increase, the relative price change of a 10-year coupon bond will be greater than the relative price change of a 10-year zero coupon bond.
C. If a coupon bond is selling at par, its current yield equals its yield to maturity. (Hint: a bond's current yield equals annual coupon payment divided by current price).
D. Both a and c are correct.
E. None of the answers above is correct.
Answers
---------------------Explanation:
Please post detailed answers to the following questions. Please use complete sentences. You've learned about four skills you need to succeed when working in a group: cohesion, responsibility and accountability, problem solving, and organization. Which do you believe is the most important factor to group success? Give specific reasons for your answer.
Answers
Responsibility and accountability is the most important factor to group success.
Accountability means that the team keeps its promises, completes projects on time, and achieves its objectives. Team accountability necessitates that each individual be held accountable for their own part, which includes both day-to-day work and long-term objectives.
Why is accountability crucial to success?Tolerating liability is vital for progress since it assists you with managing your errors without being overloaded by lament, culpability, or disgrace. As a person gets better at admitting that they are not perfect and doing what needs to be done to make up for them, it also builds character.
Why is the value of responsibility so important?Responsibility is important because it gives people a sense of purpose and helps them become resilient in the face of personal and social adversity. Avoiding responsibility, like addiction, may feel good in the short term, but it will only make things worse in the long run.
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Ginvold Co. began operating a subsidiary in a foreign country on January 1, 2011 by acquiring all of the common stock for §50,000. This subsidiary immediately borrowed §120,000 on a five-year note with ten percent interest payable annually beginning on January 1, 2012. A building was then purchased for §170,000 on January 1, 2011. This property had a ten-year anticipated life and no salvage value and was to be depreciated using the straight-line method. The building was immediately rented for three years to a group of local doctors for §6,000 per month. By year-end, payments totaling §60,000 had been received. On October 1, §5,000 were paid for a repair made on that date and it was the only transaction of this kind for the year. A cash dividend of §6,000 was transferred back to Ginvold on December 31, 2011. The functional currency for the subsidiary was the stickle. Currency exchange rates were as follows:January 1, 2011 -      §1 = $2.40October 1, 2011 -        §1 = $2.22December 31, 2011 - §1 = $2.28Average for 2011 -    §1 = $2.161. Prepare an income statement for this subsidiary in stickles and then translate these amounts to U.S. dollars.2. Prepare a statement of retained earnings for this subsidiary in stickles and then translate these amounts into U.S. dollars.3. Prepare a balance sheet for this subsidiary in stickles and then translate these amounts into U.S. dollars.4. Prepare a statement of cash flows for this subsidiary in stickles and then translate these amounts into U.S. dollars
Answers
The rental revenue earned on January 1, 2011 is equivalent to $144,000.
First, we need to calculate the rental revenue earned by the subsidiary from the doctors. As per the given information, the building was rented for three years to a group of local doctors for §6,000 per month, and payments totaling §60,000 were received by year-end. Therefore, the rental revenue earned by the subsidiary during the year 2011 is §60,000.
The subsidiary had also purchased a building for §170,000 on January 1, 2011. The building has a ten-year anticipated life and no salvage value and was to be depreciated using the straight-line method. Therefore, the depreciation expense incurred by the subsidiary during the year 2011 is §17,000 (§170,000 / 10).
Apart from the above expenses, the subsidiary had also incurred a repair expense of §5,000 on October 1, 2011. Therefore, the total expenses incurred by the subsidiary during the year 2011 are §34,000 (§12,000 + §17,000 + §5,000).
Now, to determine the net income earned by the subsidiary during the year 2011, we need to deduct the total expenses (§34,000) from the rental revenue earned (§60,000). Therefore, the net income earned by the subsidiary during the year 2011 is §26,000.
To translate the income statement amounts to U.S. dollars, we need to use the exchange rates provided. The exchange rate as of January 1, 2011, was §1 = $2.40. Therefore, the rental revenue earned (§60,000) on January 1, 2011, is equivalent to $144,000 (§60,000 * $2.40).
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There are 150 people in one group and 120 in another. What would a common factor of 150 and 120 tell you about the ituation?
Answers
The response to this query is 30. The components of 120 are 1, 2, 3, 4, 5, 6, 8, 10, 12, 15, 20, 24, 30, 40, 60,
and respectively 1, 2, 3, 5, 6, 10, 15, 25, 30, 50, 75, 150. Therefore, the greatest common factor between 120 and 150 is 30.
The least common multiple between 120 and 150 can be found in what way?
When primary elements are multiplied by their corresponding highest power, like in the case of 23 31 52 = 600, the LCM of 120 or 150 could be found. As a result, 600 is indeed the Lowest common factor of 120 & 150 using prime factorization.
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who has oversight of the opsec program?
Answers
NCSC executes the places and liabilities of the National Operations Security( OPSEC) Program Office, as described in National Security Presidential Memorandum( NSPM)- 28 and will support department and agency perpetration of OPSEC programs.
NCSC/ ETD will give fresh guidance, work with all Administrative Branch departments and agencies to develop their programs, and will give program development, training, and mindfulness accoutrements .
As set forth in NSPM- 28, the National Operations Security Program( NOP) supports the establishment, perpetration, and standardization of stakeholder OPSEC programs across the Administrative Branch of the U.S. Government( USG) and, as applicable, beyond to trusted mates.
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Select the items that are needs from your bank statement. ABC BANK Available Balance $230.00 Cell phone plan$45 Rent$400 Car insurance$60 Backpack$10 Electric bill$60 Car payment$250 Submit
Answers
Answer:everything but the backpack
Explanation:
SKATEBOARDERS. WHAT ARE SOME DISADVANTAGES AND ADVANTAGES OF YOUR SKATEBOARD?
What would you change if you could. Just wondering
Answers
Answer:
uh how i fall off sometimes disadvandage and it going right for me advandage
Explanation: