The method that is least likely to be used in appraising a single family owner occupied residential property is the income approach method.
What is an appraisal?An appraisal is an independent and unbiased assessment of a property's value.
An appraisal is typically performed by a licensed appraiser or a real estate appraiser and is used to determine the market value of a property for a variety of purposes, including financing, insurance, and taxation.
The three major methods used in appraising real estate are the market approach, the cost approach, and the income approach.
When it comes to single-family owner-occupied residential properties, the income approach method is least likely to be used because these types of properties are not typically used for income-generating purposes.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
if a chicago-based company ships goods on september 30 to a customer in hawaii with sales terms fod destination, does the chicago-based company include the inventory or the sale in its september financial statements?
Once the goods are sold to the FOB destination, the cost is removed from the inventory account and expensed only when the goods arrive at the destination. The item was shipped on September 30th and will not arrive at its destination until October. Therefore, the company must have in stock the cost of the goods he sold on September 30th.
Inventory accounting is the branch of accounting that deals with evaluating and accounting for changes in inventories. A company's inventory usually includes goods in his three stages of production: raw materials, work-in-process and salable finished goods.
As an accounting term, inventory is a current asset and refers to all inventory in various stages of production. Warehousing allows both retailers and manufacturers to continue selling or manufacturing items.
Inventory is an asset and is carried on the University's balance sheet. Inventory is physical property, merchandise, or other items for sale held for resale at a later date.
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Kray Inc., which produces a single product, has provided the following data for its most recent month of operations:Number of units produced 5,800Variable costs per unit: Direct materials $34Direct labor $20Variable manufacturing overhead $9Variable selling and administrative expense $4Fixed costs: Fixed manufacturing overhead $481,400Fixed selling and administrative expense $464,000There were no beginning or ending inventories. The variable costing unit product cost was:a. $146 per unitb. $63 per unitc. $67 per unitd. $58 per unit
To calculate the variable costing unit product cost for Kray Inc., we need to add up all the variable costs and divide by the number of units produced.
Variable costs per unit = Direct materials + Direct labor + Variable manufacturing overhead + Variable selling and administrative expense
Variable costs per unit = $34 + $20 + $9 + $4
Variable costs per unit = $67
Now, to calculate the total variable cost for the month, we multiply the variable cost per unit by the number of units produced:
Total variable cost = Variable costs per unit x Number of units produced
Total variable cost = $67 x 5,800
Total variable cost = $388,600
Finally, to calculate the variable costing unit product cost, we divide the total variable cost by the number of units produced:
Variable costing unit product cost = Total variable cost / Number of units produced
Variable costing unit product cost = $388,600 / 5,800
Variable costing unit product cost = $67
Therefore, the correct answer is c. $67 per unit.
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Calculate $1200 ÷ 250.00 = answer in weeks. Round your answer up to the nearest whole week.
Calculate $4308 ÷ 250.00 = answer in weeks. Round your answer up to the nearest whole week.
Answer: 1. $1200 ÷ 250.00 = 4.8 rounded to the nearest whole number, 5 weeks
2. $4308 ÷ 250.00 = 17.232 rounded to the nearest whole number, 17 weeks
The capital market is the market for...
A. Short-term money market investments
B. Futures and forwards
C. Stocks and bonds
D. Currencies
Answer:
c
Explanation:
Answer:
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments.
explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
T F Credit reports are issued monthly, so you know how much money topay toward your credit card bill.
Answer:
False
Explanation:
A financial statement can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
Generally, financial statements are issued to recipients on a monthly basis.
A credit report can be defined as a financial document that comprises of detailed information about a person's credit history or activities with respect to borrowed money (loans). It is usually prepared by a credit bureau.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender.
In conclusion, credit reports are issued to a customer on request and at any given time, so he or she knows how much money to pay toward your credit card bill.
Using the allowance method of accounting for uncollectibles, when is bad debt expense recorded ?.
The allowance method estimates bad debt expense at the end of the fiscal year, setting up a reserve account called allowance for doubtful accounts.
An allowance is a quantum of plutocrats given or distributed generally at regular intervals for a specific purpose. In the environment of children, parents may give an allowance to their child for their eclectic particular spending. In a nutshell, an allowance can give children the necessary first-hand experience of handling their own plutocrats and making their own opinions and miscalculations to allow them to learn further about good particular financing.
An allowance is a quantum of else taxable income that you can earn each time, without paying duty on it. A work allowance is a quantum that you can earn before your Universal Credit payment is affected. You'll be eligible for a work allowance if you( and/ or your mate) either have responsibility for a child. limited capability for work.
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How much does it cost to hire a private investigator?.
Answer:
Average cost is $70 an hour. Although prices can range depending on the complexity of the job.
Explanation:
individuals in different segments should have ______ within the segment and ______ across the segments.
Answer:
similarities; differences Is correct answer
Explanation:
individuals in different segments should have similarities within the segment and differences across the segments.
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PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.
Answer: See explanation
Explanation:
In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.
For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.
In deciding whether to start their business, the founders of Netflix needed to determine if there were enough people interested in renting their DVDs through the Internet to make their investment worth the time and effort. They needed to determine the ________ of the venture.
a. expediency
b. feasibility
c. practicality
d. viability
The founders of Netflix needed to determine the feasibility of their venture in deciding whether to start their business.
What is venture feasibility about?"Feasibility" refers to the practicality or possibility of a proposed idea or plan. In this context, the founders needed to determine whether their idea of renting DVDs through the internet was feasible or achievable.
Venture feasibility refers to the assessment of the practicality, viability, and potential success of a new business idea or venture. It involves evaluating the market demand, the competition, the resources required, and the potential risks and benefits associated with the venture.
Ultimately, the goal of venture feasibility is to determine whether the potential benefits of the new venture outweigh the costs and risks, and whether the venture is worth pursuing.
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what project chart helps the project team visualize when the project work will take place and includes breaks for weekends, holidays, and other pauses in the project?
The project chart that helps the project team visualize when the project work will take place, including breaks for weekends, holidays, and other pauses, is called a Gantt chart.
A Gantt chart is a popular project management tool that provides a visual representation of a project schedule. It displays project activities or tasks as horizontal bars along a timeline, showing their start and end dates. The length of each bar represents the duration of the task, and the bars are arranged in sequential order based on the project's timeline.
In a Gantt chart, weekends, holidays, and other planned breaks are typically represented as non-working periods. They are visually indicated as gaps in the timeline, with no bars or activities scheduled during those periods. This allows the project team to see at a glance when the project work will take place, including the breaks and pauses incorporated into the schedule.
Gantt charts are beneficial for project planning and tracking as they provide a clear overview of the project's timeline, dependencies between tasks, and the critical path. They help project managers and team members understand the sequencing of activities, identify potential scheduling conflicts, allocate resources effectively, and communicate the project schedule to stakeholders.
By incorporating breaks for weekends, holidays, and other pauses, the Gantt chart ensures that the project schedule considers the non-working periods, allowing for more accurate planning and realistic expectations regarding the project's timeline and completion dates.
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In the communication process, when the ideas of a message are perceived and then interpreted, this is known as.
In the communication process, when the ideas of a message are perceived and then interpreted, this is known as decoding.
What is decoding?Decoding can be defined as the process of translating or converting information or message into what the addressee can understand.
This process has to do with analyzing and interpreting the message or information so as to enables the listener of the message to decode or understand what the information entails.
Therefore is is known as decoding.
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Discuss the advantages and disadvantages of having no boss in an organization.
Advantages of having no boss in an organization include increased autonomy for employees to make decisions and take ownership, fostering creativity and collaboration across departments. However, the lack of a boss can lead to challenges in providing clear direction and accountability.
Having no boss in an organization offers advantages such as increased autonomy and enhanced collaboration among employees. However, the absence of a boss can also result in a lack of clear direction and accountability, posing challenges for decision-making and ensuring alignment with organizational goals.
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REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.
Considering the available options, Realtors are known to have various functions, including options A and B only.
Functions of a RealtorGenerally, Realtors are known to perform many responsibilities, including the following:
Protect and promote the interests of their clients. Treat all parties honestly.Create a real estate contract.Rent, sell or buy properties for clients, etc.Hence, in this case, it is concluded that the correct answer is option D. "A and B only."
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January 1, 2021, Smith Co. purchased common stock of North Company for $500,000. North Company has common stock outstanding of $10 million. Smith owns 5% of the outstanding stock of North. On December 31, 2021, the investment in North Company has a fair value of $505,000. On January 1, 2022, Smith sells the investment in North Company for $505,000. What journal entry is required to record the sale
Answer:
Fair Value adjustment $5,000 Dr.
Unrealized holding gain-net income $5,000 Cr.
Explanation:
Common stock purchase price = $500,000
North company outstanding stock = $10,000,000
5% stock of outstanding stock purchased :
(5/100) * $10,000,000
0.05 * 10,000,000
= $500,000
Fair value of investment = $505,000
Adjustment in fair value = $505,000 - $500,000 = $5000 ( Debit)
Unrealized holding gain-net income = $505,000 - $500,000 ( Credit)
Growing a business often results in growing your
Answer:
Product line. As a company grows, it is often important to increase the products you offer, or else your company will become stuck in a vicious cycle of stagnancy.
Explanation:
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Unions, which have market power over the supply of labor, can threaten strikes as part of negotiating employment contracts on behalf of union members. What is the effect of unions having this power
Answer:
The effect of unions will be "Union wages are generally higher than nonunion wages".
Explanation:
A group of employees decided to join together through a particular variety of organizations to strengthen their employment conditions and also some help to promote the organization's mutual interests.Union wages or salaries shall be determined by the service agreement. This always appears to mean except for non-union working environments, union employees again for the entire length of everyone's agreement should not have to think too hard concerning compensation or welfare cuts.So that the above is the appropriate answer.
Colin listed his assets and liabilities on a personal balance sheet.
Colin’s Balance Sheet (August 2013)
Assets
Liabilities
cash
$1,500
credit card
$500
stocks
$800
rent
$800
car
$5,000
car loan
$1,200
coin collection
$1,200
student loan
$5,000
Total
Total
Which statement is true about the total assets and the total liabilities?
The total of the assets and the liabilities are the same.
The total of the assets is greater than the total of the liabilities.
The total of the assets is less than the total of the liabilities.
The total of the assets cannot be compared to the total of the liabilities.
Answer:
B
Explanation:
What was the only thing Amazon sold when it first opened 25 years ago
Tony notes that an electronics store is offering a flat $20 off all prices in the store. Tony reasons that if he wants to buy something with a price of $50, then it is a good offer, but if he wants to buy something with a price of $500, then it is not a good offer. This is an example of
Answer:
A. inconsistent reasoning; saving $20 is saving $20
Explanation:
As it is mentioned in the question that the electronic store offering a flat $20 off for all prices in the store
Now if Tony chooses with a price of $50 so it would be good offer but for $500 it won't be a good offer as if he invested large value of amount and in return he gets only $20 off which is not a good deal of course.
Therefore this given situation sets an example for inconsistent reasonings
Hence, the correct option is A.
A process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate
The term "discounted cash flow" (DCF) refers to a method of valuation that calculates an investment's value based on its anticipated future cash flows.
Using estimates of how much money an investment will make in the future, DCF analysis seeks to evaluate the value of an investment today. Calculating the present value of a cash flow or series of cash flows that will be received in the future is the process of discounting.
Compounding is the process of transforming current values into future values. The values of three out of the four time-value-of-money variables must be known in order to complete this process. Discounting is the process of calculating the present value of a future sum. A discount rate is needed to determine the present value of some future sum.
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Correct Question:
A process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate is _______.
After an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its newaccounting basis. Which of the following statements about subsequent reversal of a previously recognized impairment loss is correct under U.S. GAAP?a. It is prohibited.b. It is required when the reversal is considered permanent.c. It must be disclosed in the notes to the financial statements.d. It is encouraged, but not required.
Answer:
A, it is prohibited
Explanation:
Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale.
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Gillian is a real estate licensee who attends a party at the home of a mortgage broker, Tim, with whom she has worked in the past. At the party, Tim offers her tickets to a concert, saying that he can’t use them. She accepts gladly, and laughs when Tim says as he hands the tickets over, "And all I ask in return is that you send a customer or two my way!" Is Gillian guilty of a violation? Unset starred question No, but Tim is. No, there is no violation. Not unless she neglects to disclose the exchange and the value of the tickets to her broker within three days. Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Answer:
Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Explanation:
Real Estate Settlement Procedures Act (RESPA) are a set of guidelines for licencing agents and real estate agents that is aimed at bringing transparency to settlement costs of properties.
It prohibits referral fees and kickbacks with the view of reducing final closing price to consumers.
In the given scenario Tim offers Gillian tickets to a concert, saying "And all I ask in return is that you send a customer or two my way!"
This is considered to be a referral fee which is in violation of RESPA.
You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answer:
D.what type of financial aid you are seeking
chose 10 items to take to a deserted island remember you need shelter there is food on the island and you also may need a fire source........yw have fun
Answer:
a big tent. my friends. a hamic. wepons. a boat. my phone. portabal charger. and my parents
Explanation
Answer:
Box of Matches
Tent
Canteen
Knife
Blanket
Pot
Bug Spray
Cloths
Flashlight
Journal w/ pencil
Explanation:
These are neccasary for survival !
During the __________ step of the planning process, managers identify the priorities and trade-offs among goals and plans.
During the prioritization step of the planning process, managers evaluate the various goals and plans that have been formulated and determine which ones are most important and which ones need to be deprioritized.
This is a critical step in the planning process because it enables managers to allocate resources and attention to the most critical goals and plans, while also ensuring that less critical goals and plans are not neglected altogether.
Prioritization involves considering factors such as the urgency of the goal or plan, the resources required to achieve it, the potential risks and rewards, and the strategic alignment with the overall objectives of the organization.
By making thoughtful and informed trade-offs among goals and plans, managers can ensure that the organization stays on track and continues to make progress towards its desired outcomes.
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Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in
Answer:
Consultative
Explanation:
I did this question
the fraud triangle contains three elements that must exist for accounting fraud to occur. the elements are: a. motive, opportunity, and means. b. greed, larceny, and access. c. fear, greed, and satisfaction. d. incentive, opportunity, and rationalization.
The fraud triangle contains three elements that must exist for accounting fraud to occur, the elements are: D. incentive, opportunity, and rationalization.
What is a skimming fraud?A skimming fraud can be defined as a type of fraud that involves a criminal (thief) illegally capturing the credit card information of a cardholder without the holder's knowledge, so as to perform unauthorized transactions with it in the future.
Under the fraud triangle, there are three (3) main elements that helps any accounting fraud to occur and these include the following:
IncentiveOpportunityRationalization.In this context, we can reasonably infer and logically deduce that incentive, opportunity, and rationalization are the three (3) main elements of the fraud triangle paradigm.
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