Under which act (or acts) may liability charges be filed against a cpa who has performed a financial statement review for a public company?
Answers
When fees for the prior year audit are still owed, publishing the current year audit report. Pursuant to Section 19(1) of Comptroller and Auditor-General's Duties, Powers and Conditions of Service Act, 1971, audit of the accounts of Government companies is conducted by the Comptroller and Auditor General (C&AG) in accordance with the provisions of the Companies Act, 1956.
To their clients, the shareholders, CPAs are typically liable for either slight or egregious negligence. By becoming a limited liability corporation, CPAs can avoid any personal culpability. A CPA cannot be held accountable for an audit unless they have audited all of the company's affiliates.
When CPA ethics and standards are broken, the consequences can be severe and range from a CPA losing their employment to criminal prosecution to a loss of business for an accounting company.
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Related Questions
Which of the following is distribution focused on when thought of as a function of marketing?
Answers
Getting products to the best place place for customers to locate and obtain them is distribution focused on when thought of as a function of marketing.
What is distribution in marketing ?The act of sending commodities from one party to another is known as distribution. Between producers and consumers, the goods are divided.
the route that a product travels on to reach its ultimate consumer. Companies that engage in sales transactions to transfer goods from the producer to the consumer; sometimes known as intermediaries.
Distribution (or place) is one of the marketing mix's four components. Making a good or service accessible to the consumer or business user who needs it is the process of distribution. The producer or service provider may carry this out directly or through indirect channels, such as distributors or intermediaries.
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One to two sentences, explain what happens to a production possibilities curve if a natural disaster creates a scarcity of a key resource needed to make a product. Explain why this happens.
Answers
A natural disaster causing a scarcity of a key resource necessary for production will result in a shift inward or to the left of the production possibilities curve.
This occurs because the reduced availability of the key resource limits the economy's ability to produce the affected product, leading to a decrease in overall production capacity.
As a result, the economy's production possibilities are constrained, and it is forced to operate at a suboptimal level.
The scarcity of the key resource disrupts the balance between the production of different goods, leading to a decrease in potential output.
The economy will need to allocate its limited resources and adjust its production mix accordingly, potentially focusing on alternative products or finding substitutes for the scarce resource in order to maximize production under the new constraints imposed by natural disaster-induced scarcity.
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Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold
Answers
The low setting makes the company the most money in sales, with a total revenue of $1980
To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.
For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.
Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980
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A _________________ is a nonlinear structure in which elements are organized into a hierarchy.
Answers
A tree is a nonlinear structure in which elements are organized into a hierarchy.
A tree is a nonlinear data structure, compared to arrays, linked lists, stacks and queues which are linear data structures. A tree can be empty with no nodes or a tree is a structure consisting of one node called the root and zero or one or more subtrees. Nonlinear structure is a form of data structure where the data elements don't stay arranged linearly or sequentially. Since the data structure is non-linear, it does not involve a single level. Therefore, a user can't traverse all of its elements in a single run. A non-linear data structure is also another type of data structure in which the data elements are not arranged in a contiguous manner.
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Brad Johnson has a goal of "saving $50 a month for vacation." Brad's goal lacks:
a. measurable terms
b. a realistic perspective
c. specific terms
d. the type of action to be taken
e. a time frame
Answers
Brad Johnson's goal of "saving $50 a month for vacation" lacks e. a time frame.
The goal states a specific amount to save each month but does not mention a deadline or duration for achieving this goal.
Brad Johnson's goal of "saving $50 a month for vacation" lacks a time frame or deadline for achieving the goal. While it is important to establish a specific amount to save each month, it is equally important to establish a timeframe for achieving the savings goal.
Without a deadline or timeframe, the goal lacks specificity and can be difficult to measure progress towards.
A well-defined goal should include both a specific amount to save and a deadline for achieving the goal. For example, a more specific goal could be "saving $50 a month for 6 months to have $300 for a vacation."
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true or false, Military spending changed a great deal in the 1970s.
Answers
Answer:
false
Explanation:
Waylon is back-to-school shopping with his mom at a large department store. He’s picked out the following items: 3 pair of pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1 hoodie for $26, 1 pair of shoes for $37. When they get to the register, they see this sign:
Answers
Answer: uhhhh
Explanation:
Answer: Waylon's Purchase will cost $198.05, and section B depends.
Explanation: Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.
in contrast to positive and negative selection, _______ favors the extremes instead of the the intermediate forms in a continuously varied trait .
Answers
In contrast to positive and negative selection, disruptive selection favors the extremes instead of the intermediate forms in a continuously varied trait.
Disruptive selection is a type of natural selection that favors extreme variants of a trait rather than intermediate variants. This type of selection happens when there are two or more phenotypes in a population that experience higher fitness than the intermediate phenotype. As a result, the two extreme phenotypes become more common, and the intermediate phenotype becomes less common or disappears altogether.Disruptive selection is essential in the evolutionary process, as it drives the population to speciation. It occurs when the environment changes, such as when a species colonizes a new habitat, and new selective pressures come into play.
The individuals that are best adapted to the new environment will have a higher chance of survival and will pass on their traits to their offspring. In summary, while positive and negative selection favor the intermediate forms of a trait, disruptive selection favors the extremes and can lead to the creation of new species.
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using the ____ method of evaluating the firm, cash flow is adjusted for the time value of money.
A ) replacement value
b) present value of future cash flow
c) earning approach
d) book value.
Answers
The correct answer is b) present value of future cash flows.
Explanation:
The method of evaluating a firm where cash flow is adjusted for the time value of money is called the present value of future cash flows.
The time value of money recognizes that money has a greater value today compared to its future value due to inflation and the potential to earn interest or returns on investments.
When using the present value of future cash flows method, future cash flows expected to be generated by the firm are projected.
These projected future cash flows are then discounted back to their present value by applying a discount rate. The discount rate typically represents the firm's cost of capital, which factors in the investment's riskiness and the expected rate of return on similar investments.
Adjusting the future cash flows to their present value accounts for the time value of money, ensuring that the evaluation reflects the true worth of the cash flows in today's terms.
By comparing the present value of the cash flows to the cost of the investment, investors can make informed decisions. If the present value of the cash flows exceeds the cost of the investment, it suggests a positive return and may be considered a favorable investment opportunity. Conversely, if the present value is lower than the cost of the investment, it indicates a negative return and may not be a suitable investment option.
In summary, the present value of future cash flows method adjusts cash flows for the time value of money, allowing for accurate evaluation of a firm's value and investment opportunities.
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Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?
Answers
I will provide you with a general explanation of a reflective journal on impacts of unionization.
What is unionization?Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.
How unionization impacts workers and organizations:
Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.How to write a reflective journal on impacts of unionization:
Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-
How has unionization impacted workers and organizations?
- Have you ever belonged to a union or worked for an organization that was unionized?
How did this impact you?
- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?
- What can be done to address the challenges and opportunities of unionization in today’s workforce?
- What role do you see unions playing in the future of work?
As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.
Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.
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according to warren buffett brilliant managers can succeed, even in businesses with poor fundamental economics. [see p.63] group of answer choices true false
Answers
The statement, "According to Warren Buffett brilliant managers can succeed, even in businesses with poor fundamental economics" is false.
According to Warren Buffett, a company's biggest vulnerability is poor management. Mr. Buffett noted that over the course of his five decades as CEO of Berkshire, he has witnessed a variety of businesses fail, from textile mills to department stores, and he hypothesized that these failures share a common factor that goes beyond shifting consumer preferences or shifting market forces.
A business manager is a manager who oversees and supervises the employees and operations of a company or department. They work to maintain the firm productive, effective, and structured at all times by implementing operational strategies, conducting performance reviews, and overseeing all daily activities. Business managers spend time looking for any fresh opportunities that might help the firm grow and become more competitive in the market.
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Under absorption costing product costs consist of ________ costs.
Answers
Under absorption costing product costs consist of manufacturing costs. All manufacturing costs are included in product costs under absorption costing: direct resources physical work. manufacturing overhead that changes. Whether a product was sold during the period or not, fixed overhead costs are assigned to it using absorption costing.
With this method of costing, more cost is incorporated into the final inventory, which is carried over as an asset to the following period's balance sheet. A method of costing known as "absorption costing" includes all manufacturing expenses. This is how management absorbs the costs associated with a product. Both direct and indirect costs are included in the price.
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3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answers
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
Tom to a job at a grocery store during his summer break. At the end of the summer,
he managed to save $5,500. Tom would like to purchase a new tv for his room, while his
parents have advised him to open a savings account. A new savings account ears 2
percent interest per year. If Tom chooses to purchase the television instead, what is the
marginal cost or marginal benefit after one year? To calculate the marginal cost or
benefit you determine the total benefit of the option that was not taken. Hint: Multiply the
total dollar amount by the annual interest rate in order to determine the interest earned
after one year.
Answers
Answer:
the answer is
if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year
Answer:
if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year
A promotional strategy that involves coordinating the various promotion- mic elements to provide customers with a clear and consistent message abut a firms products .
Choose matching term
A. What is the aim of a public relations campaign?
B. What is integrated marketing communication?
C. What is the objective-and-task-method?
D. What is the goal of sales promotion?
Answers
A promotional strategy that involves coordinating various promotion-mix elements to provide customers with a clear and consistent message about a firm's product. The matching term for this description is B. What is integrated marketing communication?
Integrated Marketing Communication (IMC) is a strategic approach to marketing that aims to create a seamless and unified experience for customers across all channels and touchpoints. The goal of IMC is to ensure that all marketing communication and messaging are consistent and work together to achieve the desired marketing objectives.
IMC involves the integration of various marketing communication channels, such as advertising, public relations, personal selling, direct marketing, and digital marketing. By using a mix of these communication channels, businesses can reach a wider audience and create a more comprehensive marketing campaign.
Overall, IMC is a strategic approach to marketing that can help businesses create a unified and consistent message across all communication channels, leading to better marketing results and increased customer engagement.
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B. What is integrated marketing communication?
Integrated marketing communication (IMC) is the matching term that describes a promotional strategy involving the coordination of various promotional elements to provide customers with a clear and consistent message about a firm's products. IMC aims to create a unified and synchronized approach to marketing communication, where different channels and tactics such as advertising, public relations, direct marketing, sales promotion, and digital marketing are strategically integrated to deliver a cohesive message to the target audience. By ensuring consistency and synergy across different communication channels, IMC maximizes the impact and effectiveness of marketing efforts, resulting in a stronger brand presence, increased customer engagement, and ultimately, higher sales and business success.
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A farmer expects irrigation system will increase real operating receipts by $32,000 per year but will also increase real operating expenses by $8,000. Suppose that the inflation rate is 5% and the marginal tax rate is 20%.
(i) What is the nominal net return at the end of year 3?
a. $29,172 b. $22,800
c. $27,783 d. $24,000
(ii) Calculate the nominal after-tax net return at the end of year 4.
a. $28,800 b. $27,360
c. $34,560 d. $23,338
Answers
Answer:
(i) Option (c) $27,783 (ii) $23,338 option (d)
Explanation:
Given that:
Real receipts = 32,000
Real expenses =$8,000
Inflation rate =5%
Marginal tax rate = 20%
(1) Now,
The receipts (nominal)for year 3 is = Real receipts ( 1 + Inflation rate ^)3
Nominal Expenditure for year 3 = Real Expenditure ( 1 + Inflation rate )^3
The receipts (nominal)for year 3 = Real receipts ( 1 + Inflation rate )^3
= $ 32,000 ( 1.05 ^)3
= $ 32,000 ( 1.1576 )
= $ 37,044
Thus,
The receipts (nominal)for year 3 = Real receipts ( 1 + Inflation rate )^3
= $ 8000 ( 1.05 )3
= $ 8000 ( 1.1576)
= $ 9261
The nominal net return = Nominal receipts - Nominal Expenditure
= $ 37,044 - $ 9,261
= $ 27,783
(ii) We find the nominal after-tax net return at the end of year 4
Thus,
Nominal receipts for year 4 = Real receipts ( 1 + Inflation rate )4
= $ 32,000 ( 1.05 )4
= $ 32,000 ( 1.2155 )
= $ 38,896
Now,
Nominal receipts for year 4 = Real receipts ( 1 + Inflation rate )^4
= $ 8000 ( 1.05 )^4
= $ 8000 ( 1.2155)
= $ 9724
So,
Nominal net return = Nominal receipts - Nominal Expenditure
= $ 38,896 - $ 9,724
= $ 29,712
After Tax net return = Nominal net return ( 1 - tax rate )
= $ 29,712 ( 1 - 0.2)
= $ 29,712 (0.8)
= $ 23,338
Baugh & Essary has net income of $157,200, sales of $948,800, a capital intensity ratio of 1.54, and an equity multiplier of 1.4. What is the return on equity?
Answers
To calculate the return on equity (ROE), we can use the formula: ROE = Net Income / Equity. The return on equity for Baugh & Essary is approximately 15%.
Given that Baugh & Essary has a net income of 157,200, we need to find the equity.
To find the equity, we can use the equity multiplier formula: Equity = Total Assets / Total Equity.
Since the capital intensity ratio is given as 1.54, it represents the total assets to sales ratio. We can rearrange the formula to find total assets: Total Assets = Capital Intensity Ratio * Sales.
Plugging in the values, we have Total Assets =\(1.54 * 948,800 = 1,460,512.\)
Now, we can calculate equity: Equity = Total Assets / Equity Multiplier = 1,460,512 / 1.4 = 1,043,509.
we can calculate ROE: ROE = Net Income / Equity = 157,200 / 1,043,509 ≈ 0.15 or 15%.
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Simone and Ana are debating the pricing strategy of several airlines. Simone argues, "When airlines restrict discounted tickets to people who book well in advance and stay over on a Saturday, it is not price discrimination, because the restrictions have nothing to do with individual buyers' willingness to pay." However, Ana says, "The airlines' stay-over restrictions are a form of price discrimination, because they roughly split the market into two separate groups that are willing to pay two different amounts." Economists generally agree with Simone and Ana?
Answers
Answer:
Economists will agree more with Ana
Explanation:
Price discrimination is defined as the selling of the same product to different customers at different prices.
The difference in price charged is usually due to willingness of the customer to buy at different prices.
In the given scenario buyers that are willing to buy in advance and stay over form a category of clients that have a price band unique to them.
Others will buy at a higher price.
This has caused a price discrimination
Work out how much the repainmt of a £350000 Mortgage with a 10% deposit would be over twenty-five years at an interest rate of 4.5%?
Answers
Answer:
£1,945.41
Explanation:
we can use the present value of an annuity formula to solve this question:
present value of an annuity = monthly payment x present value annuity factor
monthly payment = present value of an annuity / present value annuity factor
present value of an annuity = 350,000present value annuity factor, 0.375% (4.5%/12), 300 periods (25 x 12) = 179.9107monthly payment = 350,000 / 179.9107 = 1,945.41
Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answers
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.
aanu owns several computer repair shops across northeastern wisconsin, and she has set a goal for her company of increasing market share in all locations over the next three years. aanu has set a:
Answers
Aanu's goal of increasing market share in all locations over the next three years is a strategic goal.
A strategic goal are the specific objectives a firm aims and plans to achieve over a specified period of time. The strategic goal set by the firm can either be financial or nonfinancial.
Examples of strategic goals include:
Increasing the market share of the company. Increase customer satisfaction.Increase the number of customers of the company.Other types of goals are:
Operational goals are the steps that a firm takes to achieve in the long term success. Tactical goals are goals that are set for the immediate short time period.To learn more about strategic goals, please check: https://brainly.com/question/15301818?referrer=searchResults
Why are tradeoffs necessary?
a. Resources are limited
b. People want different things
C. Every product has flaws
d. Advertisers promote products
Answers
Answer:
trade offs are necessary because resources are limited,people want different things, every product has flaws, and advertisers can promote products.
If an american-based firm opens and operates a new clothing factory in honduras, then it is engaging in:.
Answers
The Americans with Disabilities Act (ADA) requires that a company
a. provide training to people with disabilities
b. find ways to help workers who are physically challenged
c. hire a certain number of people with special needs
d. adapt products manufactured for special-needs customers
TIMEEDD FIRST ANWER GETS BRAINLIEST!!!!
Answers
Answer:
b. find ways to help workers who are physically challenged.
Explanation:
one joint of marijuana impairs a person more than having a blood alcohol content of _____ %.
Answers
hope this helps
One joint of marijuana impairs a person more than having a blood alcohol content of 0.1%.
What do you mean by blood alcohol content?A blood alcohol content (BAC) of 0.1% indicates that your blood contains 0.1% alcohol by volume. BAC is a measure of alcohol in the blood as a percentage. More harm can be done by one joint of marijuana than by 0.1% of alcohol.
Marijuana is a drug made from the marijuana plant. It can be used as a recreational drug and is a component of many medicines. It can speed up heartbeat, induce anxiety, and result in hallucinations.
Joint is a rolled cannabis cigarette
The most passionate debates over medicinal marijuana center not on its efficacy in treating patients' illnesses but rather on its potential for harm to both individuals and society as a whole.
This chapter first looks at the scientific evidence that users of marijuana suffer both bodily and psychological harm. Then it takes into account any possible social repercussions of approving marijuana use for medical purposes.
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Explain each class of occupation and give five example each
Answers
The class of occupation refers to the categorization of jobs based on the type of work and the level of skill required. There are typically five main classes of occupation: professional, technical, skilled trades, semi-skilled, and unskilled.
There are typically five main classes of occupation:
Professional occupations are those that require a high level of education and specialized knowledge. Five examples of professional occupations include physician, attorney, architect, accountant, and professorTechnical occupations are those that require specific technical skills and training. Five examples of technical occupations include computer programmer, radiology technician, laboratory assistant, dental hygienist, and pharmacy technician.Skilled trades are those that require specialized training and often involve manual labor. Five examples of skilled trades include electrician, plumber, carpenter, welder, and mechanicSemi-skilled occupations are those that require some training and skill, but not as much as skilled trades or professional occupations. Five examples of semi-skilled occupations include machine operator, forklift driver, security guard, home health aide, and food service workerUnskilled occupations are those that require little to no training or education. Five examples of unskilled occupations include janitor, laborer, cashier, dishwasher, and retail sales associate.Learn more about occupation https://brainly.com/question/26713412
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The class of occupation refers to the categorization of jobs based on the type of work performed, the level of skill required, and the typical work environment. There are five main classes of occupation: professional, managerial, technical, sales, and service.
Professional occupations typically require a high level of education and expertise, and include jobs such as doctors, lawyers, and teachers.
Five examples of professional occupations are: - Physician - Attorney - Professor - Accountant - Architect Managerial occupations involve overseeing and coordinating the work of others, and include jobs such as executives, supervisors, and managers. Five examples of managerial occupations are: - Chief executive officer - Operations manager - Human resources manager - Sales manager - Project manager Technical occupations involve specialized knowledge and skills, and include jobs such as engineers, computer programmers, and technicians. Five examples of technical occupations are: - Software engineer - Network administrator - Electrician - Mechanical engineer - Laboratory technician Sales occupations involve selling products or services to customers, and include jobs such as sales representatives, real estate agents, and retail salespersons. Five examples of sales occupations are: - Insurance sales agent - Car salesperson - Pharmaceutical sales representative - Real estate agent - Retail sales associate Service occupations involve providing assistance or care to others, and include jobs such as healthcare aides, food service workers, and personal care workers.Five examples of service occupations are: - Home health aide - Waiter/waitress - Childcare worker - Personal trainer - JanitorHere you can learn more about class of occupation https://brainly.com/question/18499054
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The inflation tax is: cost of living adjustments, or COLAs. cost of living adjustments, or COLAs. the decreases in the real value of money held by the public caused by inflation. the decreases in the real value of money held by the public caused by inflation. the result of the indexing wages to inflation. the result of the indexing wages to inflation. the increase in income taxes caused by inflation. the increase in income taxes caused by inflation. the increase in the real value of money held by the public caused by inflation.
Answers
Answer:
the decreases in the real value of money held by the public caused by inflation
Explanation:
The inflation tax refers to the penalty on the cash when the inflation rise is increased. In the case when the inflation increase so the cash would become less valuable
So as per the given situation when there is a reduction in the real value of the money so it would be held by the public that can result by the inflation
Therefore the same is considered
What is the difference between limited liability and unlimited liability
Answers
Answer:
Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.
Explanation:
Why do economists use circular flow models?
A. To track how different investments gain and lose value over time
B. To identify the causes of major economic changes in a country
C. To predict how a country's economy will respond to a proposed
change
D. To show how money moves through different parts of an
economy
Answers
Answer:
d is the right answer if the question
Economists use circular flow models to show how money moves through different parts of an economy. Hence option D is correct.
These models provide a simplified representation of the economy by illustrating the flow of money, goods, and services between households, businesses, and the government. By mapping out the interactions and exchanges, economists can analyze the circular flow of income and expenditure, helping them understand how economic activities are interconnected.
This model allows economists to study the effects of changes in variables such as consumption, investment, government spending, and exports on the overall functioning of the economy. It helps in examining the multiplier effects, identifying leakages and injections, and analyzing the interdependencies within the economic system.
Therefore option D is correct.
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Which of the following is NOT a business function successfully using SMIS to advance organizational strategy?
A.
Logistics
B.
Customer service
C.
Manufacturing and operations
D.
Internal accounting
E.
Sales and marketing
Answers
The business function that is NOT typically associated with using SMIS (Strategic Management Information System) to advance organizational strategy is option D) Internal accounting.
SMIS primarily focuses on utilizing information systems and technology to enhance strategic decision-making and align business processes with organizational goals. While logistics, customer service, manufacturing and operations, and sales and marketing heavily rely on SMIS to improve efficiency, communication, and strategic decision-making, internal accounting is not typically a core function that directly utilizes SMIS to advance organizational strategy.
Internal accounting primarily deals with financial record-keeping, reporting, and analysis, which may involve different systems and processes compared to those directly associated with SMIS-driven strategic decision-making.
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