The following are professional organizations that an accountant must join:
American Institute of CPAsAmerican Accounting AssociationNational Society of AccountantsInstitute of Management AccountantsBeta Alpha PsiAmerican Association of Finance & AccountingAccounting and Financial Women’s AllianceInstitute of Internal AuditorsNational Association of Black AccountantsAssociation for Financial ProfessionalsA professional organization, also known as a professional association, exists to improve one or more professions, support the interests of those who work in such professions, and further the common good. It encourages creativity, connection, and communication. A professional organization often features a set of subcommittees or functional divisions, an elected leadership body, and member dues. Professional associations can be local, national, or even global, and they frequently have links to colleges and universities that offer degree programs in the subject matter.
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For any two bundles of goods and/or services, a and b, if a is preferred to b, or b is preferred to a, or the consumer is indifferent between a and b, then:____.
For any two bundles of goods and/or services, a and b, if A is preferred to B, or B is preferred to A, or the consumer is indifferent between A and B, then it is a condition of an indifference curve for the consumer.
What is the significance of an indifference curve?An indifference curve can be referred to or considered as the curve represented on a graph with the purpose of showing a behavior of a consumer in which he or she views the available products in an economy equally.
Therefore, the significance regarding an indifference curve has been aforementioned.
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The fundamental purpose for the existence of any organization is described by its?
The fundamental purpose for the existence of any organization is described by its mission.
What is mission?A mission serves as the term that described the concise explanation of the organization's reason and the value of existence.
It should be noted that it explains the organization's purpose and its overall intention which gives support to the vision and serves to communicate purpose , hence fundamental purpose for the existence of any organization is described by its mission.
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The two classifications used for assets and liabilities on the balance sheet are?
The two classifications used for assets and liabilities on the balance sheet are non-current and current liabilities.
Liabilities that are due and payable within a year are referred to as current liabilities (short-term liabilities). Liabilities that are due a year from now or longer are referred to as non-current obligations (long-term liabilities).
Repaying current liabilities lowers a company's operating capital. Noncurrent Liabilities' repayment has no effect on a company's working capital. However, interest payments on such obligations do have an influence on the company's operating capital.
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If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, how will this error affect net income for the current period?.
The error will affect net income for the current period in such a way that Net Income will be too high.
Net Income: The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in the company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
Revenue will be inflated instead of liabilities. The current period's larger net income will result from an overestimation of revenue. On the other side, liabilities are overestimated. Entry to cash is precisely done and it will not affect owing to this inaccuracy. So, the net income will be excessive.
Net Income will be too high.
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Clif bar & company is developing a new energy drink specifically for college students. They think that college students would buy their drink if it was made from all sustainably sourced ingredients. Before they invest a lot of money to enter the energy drink market, they will conduct ___________ research to find out if there is a significant correlation between sustainably sourced ingredients and energy drink demand for college students.
To determine whether there is a strong link between the demand for energy drinks among college students and the use of components from sustainable sourcing, Clif bar and company must conduct a descriptive research.
The main aim of a descriptive research is to describe the characteristics of the population or the subject being studied. The "what" of the research issue is highlighted more so than the "why" in this descriptive methodology.
Descriptive research is also known as a "observational research" approach. The study's objective is to identify the population's characteristics, frequency patterns, trends and classifications. This approach is useful when there is minimal information available on the issue.
In the above question, it is necessary to understand if college students prefer energy drinks made with sustainably sourced ingredients. Hence, clif bar and company needs to conduct descriptive research.
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andre works with beta pharmaceuticals inc. he is primarily responsible for overseeing production activities, including decisions such as the number of product units that need to be manufactured, the overall functioning of the production plants, and the quality of products. andre is most likely to be a(n) manager.
andre is most likely to be an operations manager
A career as an operations manager is a perfect fit for those who enjoy working in the background of a business. No matter how big or small the company, this job is crucial to its success, and you would have the opportunity to work in practically any sector. An operations manager's primary responsibility is to oversee the processes that go into creating a company's products and/or services. An operations manager, for instance, would oversee all activities connected to regular store floor operations as well as planning and strategizing in the retail sector. The world of company operations offers several options.
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If a market signals contain accurate information available to investors, then the market is said to be?
If a market signals contain accurate information available to investors, then the market is said to be transparent.
What is market signals?Market maker signals can be described as the signs broker-dealers or market makers do give to themselves as regards the movement of stock prices.
It help to buys and sell share amount orders in real-time during trading hours however , the market should be open, at this time.
Therefore, If a market signals contain accurate information available to investors, then the market is said to be transparent.
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Adam was found to have used his license to procure insurance for relatives and it was also discovered that he was issuing rebates to insureds. what will probably happen to him?
Adam's license will be suspended or revoked. It's because he was determined to have used his license to obtain insurance for family members and because it was found that he was giving insureds rebates.
After being found guilty of a significant traffic infraction, failing a road test, or providing false information on a government form, a license is frequently cancelled. One of the best rights is the ability to drive, therefore it's critical to understand whether your license is suspended or revoked as well as your options if it is. An "Administrative Review Suspension" is a unique classification of suspension used in several jurisdictions. This is given to persons whose medical conditions make it risky for them to operate a motor vehicle. Before relieving the suspension, the DMV may occasionally require written confirmation from the physician.
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Today's employees should plan for lifelong learning and constant training, actively plan their own career paths, and ________.
Today's employees should plan for lifelong learning and constant training, actively plan their own career paths, and be willing to continually learn new skills.
The phrase "lifelong learning" is mainly focused on the personal level. It describes someone who voluntarily commits over an extended period of time to studying new knowledge or skills.A person who combines ongoing learning into their lifestyle is said to be a lifetime learner.
The process of constantly picking up new information and abilities is known as continuous learning. This can take many different forms, from formal academic study to informal social learning. It usually entails initiative and accepting challenges. As with lifelong learning, continuous learning can take place on a personal level as well as within an organisation.
Employees must be capable of pushing themselves to learn new things and develop fresh perspectives and abilities. Flexible, continuous, and on-demand learning are required for both lifelong learning and constant training.
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The mutual fund industry is highly regulated. one of the areas regulated is that of making disclosures. an example of that is that mutual funds must provide reports to their shareholders on:___________
On Quarterly basis mutual funds provide reports to their shareholders as of making disclosures .
What is Mutual Fund ?
A mutual fund is an economic platform that consolidates funds from shareholders to invest in shares like stocks, bonds, money market instruments, and other assets. Professional money managers manage mutual funds, managing the assets and aiming to earn capital gains or income for the fund's investors. The profile of a mutual fund is arranged and maintained on a regular basis in accordance with the specified investment goals in the offer document.
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If total sales are $2550.00 and 110 guests were served, the average guest check would be?
A typical guest's check would be for $23.18.
How Do Sales Operate?
Any transaction in which two or more parties exchange money in exchange for the buyer getting tangible or intangible goods, services, or assets is referred to as a sale. On occasion, a seller may receive additional assets. A sale is another term used in the financial markets to describe an agreement between a buyer and a seller over the price of a security.
No of the circumstance, a sale is in essence a contract between the buyer and the seller of the particular good or service in question.
In a sale, two or more parties typically include a buyer and a seller who exchange goods or services for money or other assets.
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When a monopolist practices price discrimination, compared with a single-price monopolist, deadweight loss will:_________
a. remain the same.
b. increase.
c. decrease.
d. increase initially and then r
When a monopolist practices price discrimination, compared to a single-price monopolist, dead weight loss will: A. remain the same
OPTION A is correct.
What is monopolist ?
By tracking changes within the prices consumers pay over time for a selection of goods and services, the buyer Price Indicator (CPI) is a popular index for measuring inflation.
The eight main categories of those products and services are: alcoholic drinks, food and beverages, clothing, transportation, clothing, health care, recreation, education, and communication.
By comparing the worth of this fixed basket of consumer goods and services in one time to their prices in prior periods, the buyer price index is determined. Therefore, increases within the CPI roughly mirror changes in the cost of living in the United States. As a result, the CPI may be a key economic indicator for spotting times of inflation (or deflation) in the United States.
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Apple is known for using a unique operating system that integrates well with peripheral devices such as ipod and iphone. what kind of strategy is apple using?
Apple is known for using a unique operating system that integrates well with peripheral devices such as ipod and iphone. what kind of strategy is apple using Differentiation.
What is Differentiation strategy?
Your company will differentiate itself from otherwise similar competitors in the market using your differentiation approach. Usually, it entails emphasizing a significant distinction between you and your rivals. And your potential customers must value that difference.
Therefore,
Apple is known for using a unique operating system that integrates well with peripheral devices such as ipod and iphone. what kind of strategy is apple using Differentiation.
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The amount of interest paid on bonds is calculated by multiplying ______ of the bonds with the ____ rate.
The amount of interest paid on bonds is calculated by multiplying face amount of the bonds with the stated rate. The money lent to the borrower, or issuer, of a bond is known as the principal, and the interest paid on a bond is recompense for that money. At bond maturity, the principal is returned to the bondholder.
Simply multiply the bond's face value by its annual coupon rate to determine the annual coupon payment for the bond. This means that if a bond has a face value of $1,000 and a 10% yearly coupon rate, the annual coupon payment will be $100.
Bonds pay interest to the investor; equities give dividends. You can choose the greatest investment strategy for your money by being aware of the differences.
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Pain management programs hospices and chd rehabilitation programs are examples of:_________
Pain management programs hospices and CHD rehabilitation programs are examples of comprehensive intervention models. These models address a variety of healthy behaviours. Some chronic conditions, including Coronary Heart Disease (CHD), can have an impact on the patient's loved ones as well as their psychological, cognitive, emotional, and physical health.
Patients and those with low risk factors will benefit from the promotion of comprehensive intervention programs. They may help identify risk factors quickly enough to stop the illness, in my opinion. The program's only drawback is how much it costs. So that the selection of existing options is not the first choice for patients and those who look after them.
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carriage inward is recorded on the dash account
a credit side of the trading
b debit side of the cash book
c debit side of the trading
d credit side of the profit and loss
Answer:
A or the first option
Explanation:
Answer:
C
Explanation:
Carriage inwards is an expense and expenses are debited.
How much would you have to invest today at 4.5ompounded annually to have $32,425 available for the purchase of a car at the end of five years from now?
You have to invest today $26,019.48 at 4.5ompounded annually to have $32,425 available for the purchase of a car at the end of five years from now.
It is calculated as follows:
The formula for calculating present value is:
PV = FV(1 + r)^-n
where:
FV = Future value = 32425
P = Present value
R = interest rate = 4.5
N = number of years = 5 years
$32,425(1.045)^-5 = $26,019.48
Present value or PV is the current value of a future sum of money or any stream of cash flows giving a specified rate of return.
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The average household spends about what percent of their food dollar away from home?
It is estimated that the average household spends about 50% of their food dollar away from home.
What are the household expenses?These expenses consists of shelter such as in mortgage payments, property taxes, or rent; maintenance repairs, insurance etc. It also consist of utilities such as gas, electricity, fuel, cell/telephone, and water and house furnishings and equipment such as furniture, floor coverings, major appliances, and small appliance.
The statistics board in the United State estimated that the average household spends about 50% of their food dollar away from home.
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Project managers should try to _____ the size of teams or subteams to avoid making communications too complex.
Project managers should try to limit and decrease the size of teams or subteams to avoid making communications too complex.
How do project managers manage communication in the workplace?Successful project managers communicate through a variety of channels using both formal and informal means. This increases the likelihood that messages will be received. To lessen the likelihood of a communication breakdown, use straightforward language, stay on topic, keep messages brief, and provide all the information in one location.
6 effective methods for project team communication:
1. Gather frequently. Hold regular team meetings to discuss strategies.
2. Be welcoming.
3. Be frank, precise, and succinct.
4. Display some decency.
5. Realize that you might not always be right.
6. Utilize online teamwork tools.
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What type of error produces measurements that are consistently too high or too low?.
Systematic Errors produces measurements that are consistently too high or too low.
What is Systematic Errors?
An error is deemed systematic if it continuously varies in the same direction and is not caused by chance but rather by an observational or measuremental inaccuracy that is built into the system. This might occur, for instance, when taking blood pressure if something always or frequently raised the blood pressure right before the measurements were to be taken.
Therefore,
Systematic Errors produces measurements that are consistently too high or too low.
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From a tax perspective, which entity choice is preferred when a liquidating distribution occurs and the entity has appreciated assets?
From a tax perspective, which entity choice is preferred when a liquidating distribution occurs and the entity has appreciated assets Partnership and LLC.
What is liquidating distribution?
A sort of nondividend distribution made to shareholders by a corporation or partnership during its partial or full liquidation is known as a liquidating distribution (or liquidating dividend). Distributions for liquidating assets are not paid entirely from corporate profits.
Therefore,
From a tax perspective, which entity choice is preferred when a liquidating distribution occurs and the entity has appreciated assets Partnership and LLC.
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Edison consulting received a $470 utilities bill and immediately paid it. edisons general journal entry to record this transaction will include a?
The fact that Edison Consulting received a $470 utilities bill means that the general journal entry will include Debit to Utilities Expense for $470.
How are expenses recorded?When a company incurs expenses, these are to be debited to the relevant expense account. This is because expenses reduce the value of revenue which is credited.
The utilities expense account will therefore be debited by Edison Consulting for the amount of $470.
Options for this question are:
Debit to Utilities Expense for $470. Credit to Accounts Payable for $470. Debit to Cash for $470. Credit to Utilities Expense for $470Debit to Accounts Payable for $470.Find out more on recording expenses at https://brainly.com/question/26478125
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True or false: when using a financial calculator to find the number of payments, the pmt value should be entered as a positive.
when using a financial calculator to find the number of payments, the pmt value should be entered as a positive. The given statement is False.
What is the PMT function?
Excel's financial functions include the PMT Function. The function aids in determining the total payment (principal and interest) necessary to pay off a loan or investment with a fixed interest rate over a predetermined period of time.With constant payments and an interest rate, the PMT function can be used to calculate the loan's future payments. For any loan or investment amount with a fixed rate of interest and a constant quantity, the PMT function in Excel is used to determine the required instalments. When we choose any insurance or loan from a bank, this is just the EMI we pay for our loan or invested amount. The function is referred to as PMT since it determines the payment amount.To know more about PMT Function visit:
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The first marketing law suggests that to be successful in the market, marketers need to?
The first marketing law suggests that in order to be successful in the market, the marketers need to understand the customer's demand and identify the brand positioning of the product in the market. Therefore, the option C holds true.
What is the significance of marketing laws?Marketing laws are the ones that are universally accepted principles followed by marketers in order to get successful position in the market. The first and foremost law tells about how one should position the brand in a market over the demand of customers.
Therefore, the option C holds true and states regarding the significance of marketing laws.
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The incomplete question has been completed below for better reference.
A. Understand customer's demands
B. Identify brand positioning
C. Both A and B
D. None of these
If a pregnant woman is admitted to the emergency department in shock after an accident, the nurse would help relieve the effect of shock by:__________
If a pregnant woman is admitted to the emergency department in shock after an accident, then the nurse should place a pillow under her left hip as we all monitor fetal heart rate or contractions.
What are the major risks in pregnant women after an accident?The major risks in pregnant women after an accident are associated with problems in fetal development, especially those involving heart problems which can be monitored by analyzing heart rate.
Moreover, a pillow under the left hip may be very useful in order to relax this zone when a woman is transported to the emergency department in shock after an accident.
In conclusion, if a pregnant woman is admitted to the emergency department in shock after an accident, then the nurse would help to relieve the effect of shock by placing a pillow under her left hip as we all monitor fetal heart rate or contractions.
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An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an -select- series. the equation is:_________
An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an -select- series. The equation is: PV of a perpetuity PMT.
A perpetuity may be a style of annuity that lasts forever, into perpetuity. The stream of money flows continues for an infinite amount of your time. All perpetuities are annuities but all annuities aren't perpetuities. Annuities are investments that make payments for a group duration of your time.
Perpetuities are investments that make payments indefinitely. A perpetuity may be a form of annuity but extremely rare and not commonly offered by insurance companies. the worth of a perpetuity tends to decrease over time. An annuity may be a finite stream of money flows received or paid at specified intervals, whereas Perpetuity could be a type of rent which will last forever, into Perpetuity.
An annuity can further be defined in two types, i.e., rente and Annuity Due. A perpetuity may be a form of annuity where there's without stopping the payments. it's going to have fixed or growing payments betting on its nature. As an example, a rental property will offer you a set amount each month. Meanwhile, a bond certificate will end in an increasing amount after each period as time goes on.
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An investment of $3,000 is made at the beginning of each of the next 7 years. given an interest rate of 0.67%, the value of this investment 11 years from today is closest to:________
There is an annuity owed on this cash flow stream.
Given:
Investment: $3,000
made at the beginning of each of the next 7 years.
Interest Rate: 0.67%
BGN mode on the calculator, then
$3,000 PMT, N = 7, I/Y = 0.67, CPT FV, and FV = $21570.41
After an additional four years (Year 11), the cash flow stream's future value is equal to:
N = 4, I/Y = 0, PV = around $21,570.41, CPT FV, FV = $22,154.32, and N = 4
Consumer and producer surplus measure the _____ benefit rather than the _____ benefit.
Consumer and producer surplus measure the net benefit rather than the total benefit.
What is consumer and producer surplus?Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
When consumer surplus is shown on the demand curve, it is a triangular area between the price of the good and the highest amount consumers are willing to pay for the good.
Consumer surplus = willingness to pay – price of the good
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
When consumer surplus is added to producer surplus, the result is total surplus
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What is the slope of the budget line from trading with friday (coconuts for fish)?
The slope of the budget line for trading with Friday is -0.5 since he must forfeit 2 fish for every unit of coconut. The slope of the budget line for trading with Kwame is -0.3 since he must forfeit 3 fish for every unit of coconut.
A budget line displays the combinations of two products that a buyer may afford to purchase using their entire available budget and a given income.
Pricing line, price opportunity line, and consumption possibility curve are other names for the budget line. The budget line displays all possible product pairings that a buyer, given his financial situation and the cost of the two commodities, could buy.
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the price of a product is set where both buyers and sellers are satisfied. which phrase describes this price?
The price of a product is set where both buyers and sellers are satisfied this phrases describes the Market Equilibrium Price.
Equilibrium is the state wherein market supply balance and demand become steady. For the most part, an over-supply of labor and products purposes costs to go down, which brings about more popularity — while an under-supply or lack makes costs go up bringing about less interest.
The Equilibrium Price is where the supply of merchandise matches demand. At the point when a significant list encounters a time of solidification or sideways energy, one might say that the powers of demand and supply are somewhat equivalent and the market is in a condition of balance.
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Answer:
Where the market clears
Explanation:
The price is neither higher nor lower than equilibrium, meaning that it "clears" or is even.
