Business analytics use blank______ to derive meaning form data by finding patterns to make future predictions.

Answer:   GAAP - Generally Accepted Accounting Principles

Explanation:

What is GAAP ?

A group of commonly followed accounting rules and standards for financial reporting is known as generally accepted accounting principles (GAAP or US GAAP). The objectives of GAAP, the standard set by the U.S. Securities and Exchange Commission (SEC), include rules related to every industry as well as descriptions of concepts and principles. GAAP is intended to ensure that financial reporting is fair and accurate throughout all organizations.

To know more about GAAP check the link below : https://brainly.ph/question/2964390

The guiding principles and presumptions that a company's management employs to record and disclose its financial information are referred to as GAAP (Generally Accepted Accounting Principles).

"Generally recognized accounting principles" are a set of regularly used accounting guidelines and requirements for financial reporting. The objectives of GAAP, the standard set by the U.S. Securities and Exchange Commission (SEC), include rules for every industry as well as explanations of concepts and principles.

GAAP seeks to provide fair and honest financial reporting for all businesses.

To know more about GAAP, click here:-

https://brainly.com/question/17895474

#SPJ4

Overhead, Work and Malpractice is  not taken into account with a relative value unit.

The US Medicare compensation model for physician services uses relative value units (RVUs) as a measure of value. [1] The resource-based relative value scale includes RVUs. Prior to the implementation of RVUs, Medicare compensated for physician services based on "usual, customary, and reasonable" rate-setting, which resulted in inconsistent payment. A Medicare cost schedule was established by the Omnibus Budget Reconciliation Act of 1989, and as of 2010, there were roughly 7,000 different physician services included. The American Medical Association owns the intellectual property rights to the terminology used to categorize the services, which is based on the Current Procedural Terminology (CPT).

To learn more about relative value unit here

https://brainly.com/question/26007348

#SPJ4

The most probable charge which a property will carry in a aggressive and open market below all conditions requisite to a fair sale is fair market value.

Cartwright, 411 US 546, honest market fee (FMV) is described as “the price at which the property would exchange fingers between a inclined customer and a willing seller, neither being beneath any compulsion to purchase or to promote and both having realistic information of relevant facts." The FMV is used in many laws and regulations.

Example of Fair Market Value

Jane Dale desires to buy a house. She sees John's house for sale and affords him $675,000. The two negotiate the charge and agree on $700,000. Because it is the price John and Jane agree to, the truthful market cost of the residence is $700,000.

Learn more about fair market value here:

A decrease in demand while holding supply constant results in a decrease in both equilibrium price and quantity.

This is further explained below.

Generally, A state of economic equilibrium exists when the driving forces of the economy, such as supply and demand, are in a state of equilibrium with one another, and the values of the economic variables do not change as a result of any outside factors.

In conclusion, Both the price and the quantity of the equilibrium good will fall as a consequence of a reduction in demand while maintaining the status quo of supply.

Read more about the equilibrium price

https://brainly.com/question/14480835

#SPJ1

Quality-control problem is a challenge associated with an outsourcing strategy. So the correct answer is c.

What is the Quality problem?

There is no one definition of quality. Quality control is the process through which goods and services are tested and evaluated to make sure they adhere to a standard, regardless of the relative meaning of the word "value." A company can assess, maintain, and enhance product quality through this method.

Long-term expenditures in quality control techniques can safeguard a business's brand, stop items from being unreliable, and boost consumer confidence. These procedures are chosen after careful methodology, testing, and consideration of best practices.

To know more about quality control, click here:-

https://brainly.com/question/17197206

#SPJ4

a modern-day element of the promotional mix that marketers use to communicate with their target markets is Direct marketing.

Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods. Because it typically cuts out the middlemen, such as advertising media, direct marketing is known as such.

Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing.

To learn more about direct marketing from given link

https://brainly.com/question/14457086

#SPJ4

The art and science of selecting target markets and acquiring, retaining, and attracting customers through the creation, provision, and dissemination of greater customer value is referred to as marketing management.

Market opportunity identification is done by marketing management, which then develops suitable strategies for profitably pursuing those opportunities. It must put a marketing strategy into place and continually assess the efficiency of the marketing mix. It needs to fix the issues with how marketing plans, policies, and procedures are really carried out. It takes care of the company's marketing system. Marketing management streamlines the transfer of ownership of goods and services from seller to buyer. Like all other disciplines of management, marketing management entails the duties of planning, organizing, directing, coordinating, and managing.

To learn more about Marketing Management here

https://brainly.com/question/22555057

#SPJ4

Jon is using evaluative criteria when he bases his decision to purchase textbooks on price, condition, and location. Thus the correct option is B.

A price is referred to as an amount paid by an individual on the purchase of any product. This price of a product is based on the factors like cost of production, packaging, promotion, and so on.

Evaluative criteria are referred to as a technique in which a decision or judgment is taken based on the factors of evaluation. In this case, John is taking a decision based on factors like price, condition, and location to purchase a textbook.

Therefore, option B  evaluative criteria are appropriate.

Learn more about Price, here:

https://brainly.com/question/14329243

#SPJ1

The complete question is

Jon is using __________ when he bases his decision to purchase textbooks on price, condition, and location.

A. determinant attributes

B. evaluative criteria

C. habitual buying

D. personal preferences

Paul Savage purchased a restaurant named Burger Haven from Larry Jones. The purchase would cause the number of reporting entities to: remain constant

What is the impact of the acquisition on number of entities?

The fact that the purchase of restaurant is outright purchase, I mean  does not require that a new entity is involved which would be owned by Paul savage and Larry Jones, means that the number of entities after the deal is finalized remains the same because the Burger Haven remains what it was prior to acquisition, the only difference is that ownership has changed hands from Larry Jones to Paul Savage.

In other words, the number of reporting entities in this transaction would continue to remain the same as there was special situation that requires that the restaurant acquired to a newly formed entity which would increase the  number of reporting entities in this instance.

Find out more about business acquisition on:https://brainly.com/question/14101100

#SPJ1

Answer:

capitalist economy

Explanation:

I'm 90% sure it's C - got an A on test

An essential element of civilization is a capitalist economy.

What is capitalism?

Capitalism is frequently viewed as an economic system in which private actors own and control property according to their interests and demand and supply freely determine market pricing in a way that can best serve society.

Making a profit is the primary driving force behind capitalism. Both parties in a voluntary exchange transaction have a stake in the outcome, as Adam Smith, the father of modern economics and a philosopher of the 18th century, put it:

To know more about civilization

https://brainly.com/question/13403112

#SPJ4

In the Circular Flow example, the amount of Income that is flowing into the Household sector is $5000

This refers to an economic model that shows how money moves through society. It captures how money flows from producers to workers as wages and flows back to producers as payment for products, that means that an economy is an endless circular flow of money.

In most typical economic model, the circular flow model starts with the household sector which engages in consumption spending (C) and the business sector which produces the goods.

Read more about Circular Flow model

brainly.com/question/1433471

#SPJ1

The predicted forecast at period 7 is 120

Calculation  of the predicted forecast at period 7:

Since there is linear demand forecast: Demand = 50 + 10 X (where X is the predicted forecast at period 7)

So,

= 50 + 10X
= 50 +  10(7)
= 50 + 70
= 120

What is Demand Forecast?
Demand forecasting is the technique of estimating and predicting future consumer demand for a good or service using predictive analysis of previous data. By estimating future sales and revenue, demand forecasting assists the company in making more educated supply decisions. Utilizing previous sales data to estimate future sales, organisations may use demand forecasting to maximize inventory. This allows them to make well-informed decisions about anything from inventory planning and warehousing requirements to running flash sales and satisfying consumer expectations.

To learn more about Demand Forecasting
https://brainly.com/question/21800667
#SPJ4

Encouraging or helping a firm's suppliers to achieve in the desired fashion can be directed to as Supplier Management.

Assessing supplier performance, defining and establishing delivery and quality standards, and upholding supplier relationships are all parts of supplier management. Making sure that suppliers meet or exceed the buyer's expectations in terms of quality, delivery, and pricing is the aim of supplier management. Value for money must be acquired from all suppliers, according to the Supplier Manager. He ensures that all contracts with suppliers support the demands of the company and that all suppliers uphold their end of the bargain.

The systematic, enterprise-wide evaluation of a supplier's strengths, performance, and capabilities in relation to the overall business strategy is known as supplier relationship management (SRM). SRM also involves choosing which activities to undertake with various suppliers, as well as planning and carrying out all supplier interactions in a coordinated manner throughout the relationship life cycle in order to maximize the value realized through those interactions.

Creating two-way, mutually beneficial connections with strategic supply partners is the main goal of SRM in order to provide higher levels of innovation and competitive advantage than are possible through independent operation or a standard, transactional purchasing arrangement. Supplier information management, compliance, risk management, and performance management are underlying disciplines that underpin effective SRM.

Hence,  Encouraging or helping a firm's suppliers to achieve in the desired fashion can be directed to as Supplier Management.

To learn more about Supplier Management refer to:

https://brainly.com/question/25160870

#SPJ4

When consumers reduce spending, the reduction in the velocity of money is divided between a decline in growth and a decrease in inflation.

Inflation can be defined as an increase in prices, which can be translated as a decrease in purchasing power over time. The rate of decline in people's purchasing power can be reflected in the increase in the average price of a selected basket of goods and services over a period of time. An increase in price, which is often expressed as a percentage, means that one unit of currency is effectively buying less than it did in the previous period. Inflation can be contrasted with deflation, which occurs when prices fall and people's purchasing power increases.

You can learn more about inflation here brainly.com/question/28190771

#SPJ4

The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of an economic system. This statement was correct. Thus, option (b) is correct.

The term economic refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector. The family (consumption) and company (product sales) are both parts of the economy.

According to the economic system, was the totally controlled by the government. The economic system of the growth to infrastructure and trade on the business was the controlled by government. There were the different types of the business are steel mills, coal mines and utilities was the control the government on imposed on the tax.

As a result, this statement was correct. Therefore, option (b) is correct.

Learn more about on economic, here;

https://brainly.com/question/14787713

#SPJ2

A company that operates over the long term in a perfectly competitive market is compelled by competition to change its scale of operation until average cost is minimized.

More about perfectly competitive market:

In a market structure known as perfect competition, numerous businesses sell comparable goods while making almost little profit because of the intense competition.

A market that is perfectly competitive is one in which all enterprises sell the same good and where there are no barriers to entry or leave. The existence of several enterprises and the homogeneity and uniformity of the products are essential elements of perfect competition.

Learn more about perfect competition here:

https://brainly.com/question/10931687

#SPJ4

The flow-through entities are taxed only once and at the tax rate of 37%.

A pass-through entity can also be referred to as a flow-through entity. This is a type of legal business entity that passes all its income on to the investors or owners of the business. These are common devices to be used to avoid double taxation. Under this system, the income is taxed only at the owner's individual tax rate.

Under a flow-through entity, the business pays no corporate taxes. Sole proprietors, partnerships, and Limited liability companies are mostly taxed by this method. The biggest disadvantage of a flow-through entity is that the owners can be taxed on the income that they did not receive. A corporation or a company cannot be a flow-through entity.

Learn more about business entities here:

https://brainly.com/question/27779114

#SPJ4

Scala naturae was consistent with The Old Testament.

In order to organize everything in the natural world, both living things and non-living things, Aristotle created the Scala Naturae ("Natural Ladder"). In his Scala Naturae, Aristotle depicted a continuum between "lower" and "higher" kinds of substance.

The species cannot move around on the ladder since everything has its place. This suggests that species are unchangeable.

Humans are the only species that can reason logically, according to Aristotle, who placed them above all other species. Plants and minerals cannot move, although both humans and animals can. Minerals cannot develop and reproduce like people, animals, or plants can.

To know more about Scala Naturae, visit

https://brainly.com/question/18453911

#SPJ4

Based on the fact that Derek does not itemize deductions, then his 2019 federal income tax is $7,540

With an AGI of $55,000, Derek is in the $40,126 to $85,525 tax bracket.

His tax is:

= $4,617.50 plus 22% of the amount over $40,125

= $4,617.50 + (22% x (50,000 - 40,125))

= $6,790

Capital gains tax:

= 5,000 x 15%

= $750

Total federal tax:

= 750 + 6,790

= $7,540

In conclusion, based on Derek's AGI and the qualified dividends, Derek's 2019 federal income tax was $7,540.

Find out more on federal income tax at https://brainly.com/question/21229522

#SPJ1

Roi is most appropriately used to evaluate the performance of both profit center managers and investment Option(b) is correct. ROI is a well known metric as a result of its flexibility and effortlessness.

Return on investment (return for money invested) is a presentation measure used to assess the productivity or benefit of an investment or look at the effectiveness of various investments.

Basically, ROI can be utilized as a simple measure of an investment's productivity. This could be the ROI on a corporate security, the ROI an organization anticipates on extending a plant, or the ROI created in a land transaction.

The actual calculation is straightforward, and it is generally simple to decipher for its great many applications. On the off chance that an investment's ROI is net positive, it is likely beneficial. Yet, assuming different open doors with higher ROIs are accessible, these signs can help financial backers dispose of or select the most ideal options.

Therefore Option(b) is correct.

Learn more about investment here:

brainly.com/question/15416632

#SPJ4

The annual rate of increase for the stock was 3.3

Whenever we are given two independent and two dependent variables and we need to find the change between them, we are required to find the slope.

So, according to the given information, we have

Independent variables = time

So,

X1 = 2006

X2 = 2016

Dependent variables = stocks

Y1 = $32

Y2 = $65

Solution

From the equation of slope or the rate of change, we know

Rate of change/increase of stock = Y2-Y1/X2-X1

Putting the values in equation, we get

Rate of increase of stocks = 65-32/2016-2006

                                           = 33/ 10 = 3.3

So, we can say that the rate of annual increase of stocks was 3.3.

You can learn more rate of stock increase rate from

https://brainly.com/question/3785706

#SPJ4

The ending balance in the owner's capital account is $5,750.

The owner's capital account is an equity account that appears on the balance sheet. The owner's capital account shows the net ownership interest of investors in the business.

The ending balance in the owner's capital account is the sum of investments, net income less any withdrawals. The owner's capital account is used to determine the amount of wealth of the owner.

Net income and owner's investment increase the value of the owner's capital account. While, withdrawals reduce the value of the owner's capital account.

The ending balance = investment + net income - withdrawals

$1000 + $5000 = $250 = $5,750

To learn more about owner's capital account, please check: https://brainly.com/question/1446305

#SPJ1

The price elasticity supply of doctors could be considered relatively inelastic because it takes a minimum of four to six years of training to be able to work as a physician.

Supply can be defined as the part of a commodity or a service that is being placed in the market for the consumer to buy.

The price elasticity supply of the doctor will increase after their education, but the price will not be that much efficient as it produces relatively less elasticity.

The proportion variation inside a commodity's currency values in a substantially lower proportion variation in the amount desired.

Learn more about Supply, here:

https://brainly.com/question/28285610

#SPJ4

An increase in government subsidies for an industry, which reduces production cost, causes the market equilibrium price to decrease and the market equilibrium quantity to increase.

This is further explained below.

Generally, Certain industries or economic sectors may qualify for financial help from the government in the form of subsidies, which may take the form of payments, tax exemptions, or other types of economic assistance.

The purpose of subsidies is to lend assistance to or provide support for aspects of the economy or of the national infrastructure that is seen as being particularly important.

When there is a decrease in manufacturing costs, the supply curve for the industry moves to the right.

This creates a new point of balance in the system (the intersection of supply and demand curves). The new price on the market will be cheaper, and both production and consumption will increase to a greater extent.

In conclusion, The reduction in production costs brought about by a rise in government subsidies for a particular industry leads to a lower market equilibrium price and a greater market equilibrium quantity than would otherwise be the case.

Read more about  government subsidies

https://brainly.com/question/14096747

#SPJ1

This component of the opportunity analysis addresses the role of the community, region, nation, and world relative to business environmental analysis.

What is community?

A community is a social group of individuals who share a common characteristic, such as a common government, location, culture, or heritage. A community is the main interest of a particular group.

The term “environmental analysis” refers to identifying the variation in society. The primary roles are business-to-opportunity analysis using technology, community, nation, and region.

As a result, the opportunity analysis the role of the community, region, nation into the business is called the environment analysis.

Learn more about on community, here:

brainly.com/question/333570

#SPJ4

A chain of activities performed by the organization to transform inputs into outputs valued by the customer is Value Chain

To learn more about the value chain, refer

to https://brainly.com/question/25922327

#SPJ4

Few defects will be produced when the actual process variation is smaller than the target variation. So the correct option is B smaller

What is variation?

The discrepancy between an ideal and real scenario is referred to as the Law of Variation. The most frequent manifestations of variation or variability are changes in the data, anticipated results, or minor changes in the quality of the output. Four distinct locations are where variation typically occurs:

1 : Special causes

2 : Common causes

3 : Tampering

4 : Structural variation

To learn more about Variation

https://brainly.com/question/20126690

#SPJ4

Organization top management is generally and actually responsible for molding an organization's HR philosophy at every level of the organization during a certain period of the time.

An organization, or organization see spelling contrasts), is an element like an organization, an establishment, or an affiliation involving one or more individuals and having a specific reason.

A half breed organization is a body that works in both the public sector and the confidential sector all the while, satisfying public obligations and creating business market exercises An intentional affiliation is an organization comprising of workers.

Such organizations might have the option to work without legitimate formalities, contingent upon ward, including informal clubs or coordinating bodies considering an objective which they might communicate as a pronouncement, statement of purpose, or in an informal way reflected in what they do in light of the fact that recall each activity done by an organization both lawful and unlawful mirrors an objective as a main priority.

Therefore The investigation of organizations remembers a concentration for enhancing organizational design.

Learn more about Organization here:

brainly.com/question/12825206

#SPJ4

There are four repeatedly used measures of variability: the range, interquartile range, variance, and standard deviation. The standard deviation is the most typically used and the most important measure of variability.

Statistical variables can be calculated using measurement instruments, algorithms, or even human control. How we measure variables is called the scale of dimensions, and it affects the type of analytical techniques that can be used on the data, and decisions that can be drawn from it.

Standard deviation uses the mean of the allocation as a reference point and measures variability by regarding the distance between each score and the mean.

To learn more about the Standard deviation  visit the link https://brainly.com/question/16555520

#SPJ4

These type of organization is known as Private Equity Companies or an Organization or a Firm.

A Private-Equity Company is a speculation of the executive's organization that gives monetary moving and makes interests in the private equity of startup or working organizations through an assortment of approximately partnered venture systems including utilized buyout, funding, and development capital.

Normally, these kinds of firms will raise pools of capital or private-equity funds that supply the value commitments for these exchanges and furthermore get an occasional administration charge as well as an offer in the benefits procured from every private-value store made due.

To learn more about Private-Equity Companies or Firms or an Organization.

https://brainly.com/question/14272693

#SPJ4