A business firm may have to comply with the laws of any jurisdiction in which it actively targets customers. true false

To issue the comparative financial statements review report (a.k.a. Review Report on Comparative F.S.) is the primary basis of accountant to perform inquiry and analytical procedures.

Performing the mentioned procedures is the primary basis for an accountant to issue:

Also, keep in mind that using inquiry and analytical procedures is not actually necessary for management advisory services.

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If an adjusting entry for unearned revenue is not recorded the effect of financial statement would be understatement of revenue and overstatement of liabilities.

An adjusting entry is the entry that is posted after the posting of journal entries, the entry is recorded to post or adjust the balances for current transactions.

Unearned revenue is the amount that is received as a prepayment but is not yet earned means the services or goods are not yet delivered. Prepayments are debited and unearned revenue is credited as a liability. The adjusting entry of unearned revenue appears when the goods or services are delivered to the customer. It may be partial or complete.

Therefore the adjusting entry is debit unearned revenue and credit revenue.

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The policy limit is defined as the maximum amount that an insurer will pay under a policy for a covered loss.

These policy limits will be set according to the period (e.g., annual or policy term), according to the loss or injury, or over the life of the policy. If the policy limit is payable over the life of the policy it is called the lifetime maximum. This differs according to the insurance but mostly higher limits carry higher premiums.

For a general life insurance policy, the face value will be the maximum amount that the insurer will pay. This amount refers to the monetary amount in relation to a specific insurance claim. For example, the policy for car insurance may have a policy limit of $1 million. These amounts are agreed upon by the way of drawing up contracts between the parties.

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Automation is the process of computerized manual task making them more efficient and effective and dramatically lowering operational costs.

Basic automation takes simple,, easy-to-complete tasks. At this level of automation, tasks are centralized and simplified by the use of tools, such as a shared message system, to avoid having information stored in isolated silos. These fundamental forms of automation include business process management (BPM) and robotic process automation (RPA).

Business process management through automation ensures consistency and openness. The majority of the time, business apps and specialized software handle it. The productivity and efficiency of your organization can be improved by using process automation. It may also offer fresh perspectives on problems facing businesses and make recommendations for remedies. Process automation includes types such as process mining and workflow automation.

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The correct journal entry to record a transaction that involves paying cash for an expense incurred in the same period is accrual process.

For a transaction involving cash payment for an expense made in the same period, the proper journal entry is: -debit expense and credit cash. accumulated costs: expenditures made but not yet documented or paid in cash. A journal entry known as an accrual is used to record income and costs that have already been earned or incurred but for which the corresponding cash sums have not yet been collected or disbursed.

An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as an accrued obligation.

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The return on equity is 9.528%.

Return on equity (ROE) is the measure of a company's internet profits divided by way of its shareholders' equity.

ROE is a gauge of a corporation's profitability and how efficaciously it generates these profits

The higher a company's ROE percentage, the better.

A greater share shows a company is more superb at producing earnings from its current assets.

Likewise, a agency that sees increases in its ROE over time is probable getting extra efficient.

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In general, a company would prefer a higher quick ratio and a higher basic earning power ratio.

A company's capacity to satisfy its short-term obligations using its most liquid assets is measured by the quick ratio, which serves as a gauge of its short-term liquidity position.

It is also known as the "acid test ratio" because it shows how quickly the company can pay down its current liabilities with its near-cash assets (assets that can be quickly converted to cash). A fast test intended to yield results right away is referred to in slang as a "acid test."

The quick ratio compares a company's current obligations to its available liquid assets in terms of dollar value. Current liabilities are a company's debts or commitments that must be paid to creditors within a year, whereas liquid assets are those current assets that can be easily turned into cash with little impact on the price received on the open market.

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During the period from 1865 to 1900, disputes between labor and business owners were sometimes marked by use of violence by both sides.

Disputes refers to the conflict among the parties with regard to the disagreements or disapproval in certain things or the situations.

During 1865 to 1900 many major events took place such as Membership in unions dropped, Workers relocated to remote areas, The majority of industrial positions were converted to service industry occupations etc.

Therefore, it can be concluded that disputes between workers and property leaders were occasionally distinguished by the use of violence by both sides between 1865 and 1900.

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Statistics describes a set of Tools and techniques that are used for describing, organizing, and interpreting information.

Statistics provided different tools and techniques to organize, describe and interpret the information. These tools and techniques are described briefly below:

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A joint venture is an attractive way for a company to enter a new industry when a firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps.

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-2/5

The slope of the PPF of an economy is computed as,

= ( - )MPLc/MPLb

= ( - )2/5

What is slope of the ppf?

By comparing the pricing to the expenses of other suppliers and utilizing the slope of both the PPF, one may evaluate the relative advantage of producing one product against another.

Therefore,

Assume the mplc = 2 cars and the mplb = 5 boats. there are 150 workers in this hypothetical economy; the slope of the ppf for this economy is -2/5

The slope of the PPF of an economy is computed as,

= ( - )MPLc/MPLb

= ( - )2/5

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Embezzlement is an example of a(n) Misdemeanor and Felony.

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The managed care plan that is allowed to contract directly with employers to provide health care services is the health insurance.

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A recent survey found that of those surveyed, over 25 round their most recent job through Social media.

What is Social media?

Websites and programmes that emphasise collaboration, sharing of content, engagement, and community-based feedback are collectively referred to as social media. Social media is used by people to connect and communicate with their friends, family, and other communities. The use of social media has become a daily requirement in today's culture. Social media is primarily utilised for decision-making, news and information access, and social interaction. It is a useful tool for sharing, creating, and disseminating information as well as for communicating with people locally and globally.

Therefore,

A recent survey found that of those surveyed, over 25 round their most recent job through Social media.

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The effective annual interest earned on the account is 6.25%

What is the future value of $150,000 invested for 10 years?

The fact the initial deposit of $150,000 turns to $275,000 over a period of 10 years, means that the future value of $150,000 deposited over 10 years is $275,000, in other words, using the future value formula of a single cash flow, we can determine the effective annual interest rate.

FV=PV*(1+r)^N

FV=future value=$275,000

PV=initial deposit=present value=$150,000

r=effective annual interest rate=unknown

N=number of years that deposit lasted=10

$275,000=$150,000*(1+r)^10

$275,000/$150,000=(1+r)^10

1.83333333333333=(1+r)^10

(1.83333333333333)^1=(1+r)^10

divide indexes on both sides by 10

(1.83333333333333)^(1/10)=1+r

r=(1.83333333333333)^(1/10)-1

r=6.25%

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In organizational buying, complex negotiations that last over a long period, as a result of the regulatory requirements for fixed cost structures, cannot take place.

This is further explained below.

Generally,  It is not uncommon for organizational buying to include convoluted discussions that go on for a considerable amount of time and are prolonged as a direct result of legal obligations.

The term "organizational purchasing process" refers to the method that any business goes through in order to make any purchase or buying choice.

This might be anything from office supplies to new office furniture.

This might refer to anything from computers to supplies for the workplace.

In the same way that regular people go through a series of processes before buying anything, corporations and other kinds of organizations also go through this process before making a purchase.

In conclusion, Because of the legal requirements for fixed cost structures, it is impossible to engage in complicated talks that take place over an extended period of time when an organization is making a purchase.

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Regular staff members who are not malicious yet pose a substantial security risk to their company. True. Two key categories of data are under danger. Sensitive data, such credit card numbers, passwords, or contact lists, comes first.

The other is data about your online browsing patterns that can be of interest to advertisers. Hacking, phishing scams, and ransomware are examples of common techniques.

Internal threats come from within the company and are typically committed by current or former employees, contractors, business partners, etc. Attacks from within can be purposeful or unintentional. Threats can be broken down into four groups: conditional, veiled, direct, and indirect.

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The Correct answer is $14,579

n= 5 years adjusted for monthly payment.
n=5*12
n=60
r= 12% adjusted for monthly payment
r = 0.12 / 12
r = 0.01
LLoan = $20,000
We must first determine the monthly payment:
A = P (A/P, 1%, 60)
A = $20,000 * 0.0222
A = $444
We know that after the 20 payments, 40 payments are remaining.
P = $444 * (P/A, 1%, 40)
Based on the compounding table, if i = 1% then (P/A, 1%, 40) = 32.8346
P = $444 * 32.8346
P = $14,578.56
P = $14,579

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It is false that agenda setting happens during the evaluation stage of the policy-making process.

The topics or issues that government officials, as well as others closely connected to them outside of government, are currently giving substantial thought to. A list of potential topics is reduced by the agenda-setting process to the set that actually receives attention.

A policy's content, implementation, or impact are examined using evaluation concepts and methodologies. Evaluation is the process by which we learn about the value, worth, and utility of a policy.

The step of policy development known as agenda setting is where problem definitions are examined to evaluate their validity. According to the Kraft/Furlong policy process model, the steps in the policy-making process are agenda setting, policy development, policy execution, and policy evaluation.

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Higher resource prices raise production costs and, assuming a fixed product price, reduce profit.

When resource inputs are overtly expensive it is logical to expect that these will translate into higher costs. Where costs can be shifted to the end-user, the company remains in a state of operational efficiency.

In a very price elastic market however, the company is faced with a huge challenge as it must absorb such costs or face the consequences of increasing it's prices.

When input costs are high, technology may be explored as a solution to reduce costs and increase efficiency in the long run.

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When will shareholders of C businesses that retain their post-tax profits be subject to individual income tax on those retained profits. When shareholders sell their shares for a profit, they must pay taxes.

C corporations will pay tax at a corporate rate of 21% as of the 2020 tax year (down from 35 percent in 2017). Then, dividends are taxed at the owner's personal marginal tax rate, which is up to 37%. (depending on the tax bracket).

Distributions of money or other assets to shareholders will lower the corporation's earnings and profits (E&P), but they won't affect its taxable income. Taxes are paid by the corporation on its taxable income and by the shareholders on any dividends they receive.

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If a broker is representing a buyer-client, he or she must negotiate on behalf of the: buyer

Who is called a buyer in marketing?

Buyers are the very crucial in the market whichever the activities are performed in the market , they are performed for their satisfaction. It is very critical aspects of the market. A person or an institution that buys goods or service is called buyer.

What are buyer characteristics?

The buyer's characteristics influence how the buyer reacts to the given changes. After, the buyer's decision process itself takes place and may changes the buyer's behaviour. Consumer  behaviour regarding buying things  is affected by cultural, social, personal and psychological characteristics.

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At the break-even point the total cost equals total revenue.

The break-even point is the point at which total cost and total revenue are considered to be equal, which means that there is no loss or gain for a small business. So it can be said that, you have reached the level of production at which the costs of production equals the revenues for a product.

In dollars of revenues, the break-even point is equal to the total of the fixed expenses divided by the contribution margin per unit. Thus, the amount of the fixed costs divided by price per unit, establishes how many units must be sold to break even.

Hence, option A is correct.

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The gains that I have from the stocks will be taxed as capital gains according to the long-term tax rate.

The term capital gain refers to the increase in the value of an asset when it is sold In simple terms, capital gains occur when you sell an asset for more than you paid initially.

Capital gain is realized when you sell an asset by subtracting the original purchase price from the selling price. The Internal Revenue Service (IRS) taxes individuals on capital gains under certain circumstances.

Long-term capital gains arising from assets held for more than one year prior to disposal.

A long-term capital gains tax is a tax levied on profits from the sale of an asset held for more than one year (also known as a long-term investment). The long-term capital gains tax rate is 0%, 15%, or 20% depending on your taxable income and filing status. In general, they are lower than short-term capital gains tax rates.

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The complete question is: "You bought 1,000 shares of Tund Corp. stock for $68.12 per share and sold it for $90.03 per share after a few years. How will your gain or loss be treated when you file your taxes?

a. As a capital gain taxed at the long-term tax rate

b. As a capital gain taxed at the current ordinary-income tax rate

c. As a capital loss deducted from taxable income in the year that the loss is realized

d. As a capital loss taxed at the long-term tax rate."

When conducting an internal analysis, strategic managers should- have a clear knowledge of an entity’s strengths and weaknesses prior to the enactment of a strategic plan.

Examining your company's internal resources, assets, and processes is referred to as internal analysis. Members of top management can identify potential growth areas thanks to these assessments, which also help them make wise judgments. You must update your business strategies and plans in response to an internal analysis. Work together with other experts to incorporate your internal analysis and the company's business plan to produce a comprehensive picture of the activities of the organization. Select a framework before conducting an internal analysis. Each framework has its own set of instruments, tactics, and goals for studying internal operations.

Based on your organization's position in the market for your industry, these assessments calculate the costs of your organization's operations and identify any prospective business prospects. They also determine your capacity to draw in new customers and clients. You must manage resources and cut costs as a result of an internal review in order to have more money for business development. This determines if your business has the resources required to find business possibilities.

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If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.

Substitute Goods: In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product. The same wants of the clients can be partially or totally satisfied by substitute goods. The consumer thinks they can therefore be replaced one for the other. Coca-Cola can be substituted with Pepsi-Cola and vice versa.

If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.

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Working for a company in another country is referred to as foreign employment, and you usually only work in one country. This wouldn't be your native country .

While the terms "foreign employment" and "international workforce" (people of a different nationality) are sometimes used interchangeably, the term really refers to a multinational corporation expanding outside of its home country and recruiting there.

Employers prefer foreign employment  because they cannot find qualified local employees, necessitating the hiring of foreigners to do the job.

The following are some methods for obtaining information about foreign employment:

Newspapers, notice boards, electronic media (radio, FM, television, etc.), websites, and public programs

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Self-scan technology like scan & go helps Walmart gain insight into both what customers buy as well as how they buy it, The above statement is True

Self-checkout technology
Self-checkout (SCO) machines, often referred to as aided (ACO) or self-service (SSC) checkouts, are devices that enable customers to complete their own transactions from a retailer without requiring a conventional staffed checkout. The use of SCOs eliminates the need for one-on-one worker assistance as customers scan item barcodes before paying for their entire purchase. Self-checkouts are typically utilised in supermarkets, though they can also be found in convenience or department stores. Most self-checkout facilities are watched over by at least one employee, who frequently helps consumers process transactions, fixes prices, or offers other customer care.

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On payday, employers can designate their banks to electronically transfer funds from the business checking account to the employees' checking account .This represents an example of a direct deposit.

Direct deposit is the phrase used to describe the electronic deposit of money into a bank account as opposed to a physical, paper cheque. In order for deposits to be made between banks, direct deposit requires the usage of an electronic network.

The Automated Clearing House is the name given to this network (ACH). There is no need to wait for the money to clear because electronic cash transfers automatically credit recipients' accounts. Paychecks, tax refunds, and other perks are frequently deposited using direct deposit.A secure and practical method of payment is direct deposit.

Through an electronic network, funds are directly deposited into the account of the beneficiary. The recipient must give the person or company making the deposit the name of their bank, their account number, and the bank's routing number in order for the monies to be transferred from the payer. Alternately, they might give you a void check with the same details written on it.

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The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.

An adjusting journal entry  can be described d as the  entry in a company's general ledger which is been carried out at end of an accounting period in order to have the record of any unrecognized income or expenses.

It should be noted that The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.

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