The Customer lifetime value helps to inform a business on how much it should spend to maintain a relationship in a database marketing campaign.
What is a Customer lifetime value?
A customer lifetime value guides to a ratio that tells about the total revenue that a business can politely expect from a single client.
Hence, the customer lifetime value enables the firm to know valuable customers which allow to know who to minister most importantly.
Therefore, the Option C is correct
Database marketing is a methodical approach to the community, consolidation, and processing of client data.
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A final step in the strengths-weaknesses-opportunities-threats (swot) analysis is to identify quantitative measures for the?
Decision-makers define and describe specific strengths in the first quadrant, which is then followed by weaknesses, opportunities, and threats.
What SWOT analysis?A SWOT analysis is a technique for determining and analyzing internal strengths and weaknesses as well as external opportunities and threats that have an impact on current and future operations and aid in the formulation of strategic goals. SWOT evaluations aren't just for businesses.
In order to reach agreement on potential actions an organization might take to achieve its goals and objectives, quantitative SWOT analysis contrasts the internal, controllable aspects of the organization (i.e., Strengths and Weaknesses) with external, uncontrollable situational factors (i.e., Opportunities and Threats).
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Miller co. had the following retained earnings statement with certain numbers missing.
rogers co. retained earnings statement for year ended dec 31
begingning retained earnings, jan 1 $44,300
net income $15,900
dividends _______
net change in retained earnings 11,00
ending retained earnings , dec 31 $____
required:
complete the retained earnings statement, filling in the missing amounts.
Retained Earnings = Beginning Period Retained Earnings + Net Income/Loss – Cash Dividends – Stock Dividends
To determine retained earnings, divide a company's liabilities by its assets to determine stockholder equity. Next, locate the common stock line item on your balance sheet and deduct that amount from the total stockholder equity (if the only two items in your stockholder equity are common stock and retained earnings).
The Statement of Retained Earnings is the second financial statement that needs to be prepared during an accounting cycle. This is the amount of income that remains in the business after dividends, which are frequently reinvested in it or distributed to stockholders.
Retained Earnings (RE) are the accumulated portion of a company's profits that are set aside for reinvestment rather than being paid out as dividends to shareholders. These monies are typically allocated for debt repayment or used for working capital and fixed asset purchases (capital expenditures).
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If you make an extra $1,000 in income and your marginal tax rate is 30 percent while your average tax rate is 20 percent, then you will pay an extra ______ in taxes.
If you make an extra $1,000 in income and your marginal tax rate is 30 percent while your average tax rate is 20 percent, then you will pay an extra $300 in taxes
What tax rate applies to income tax ?
The applicable tax rate to income of the individual is the marginal tax rate , which is the tax rate that applies to incremental income of the taxpayer, not the average tax rate which compares the total tax paid by the individual to the total taxable income.
In other words, the extra payment in taxes is the extra income multiplied by the marginal tax rate of 30%
extra payment in taxes=$1000*30%
extra payment in taxes=$300
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Two individuals signed a contract that was intended to be their entire agreement. the parol evidence rule will prevent the admission of evidence offered to?
The parol evidence rule will prevent the admission of evidence offered to prove the existence of a contemporaneous oral agreement modifying the contract.
Parol evidence refers to anything that was said, done, or written before the parties signed the agreement or as they signed it.
Therefore anything that was done or said before signing the agreement or contract will pevent the admission of evidence .
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The _____ is a standardized job-analysis instrument whose focus is on administrative jobs, and the analysis is done in terms of 13 essential components of all administrative jobs.
The Management Position Description Questionnaire is a standardized job-analysis instrument whose focus is on administrative jobs, and the analysis is done in terms of 13 essential components of all administrative jobs. We can analyze management positions utilizing the Management Position Description Questionnaire. As a result, HR departments would be able to set training standards, compensation ranges, and job classifications for new positions.
There are 208 items in a Management Position Description Questionnaire, which are divided into 13 categories. 197 performance elements are also included in these areas. The Management Position Description Questionnaire's narrative nature means that it typically requires some training before it can be utilized effectively. The questionnaire was created by Walter W. Tornow and Patrick R. Pinto in 1976.
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According to economics in one lesson, what problem is robinson crusoe constantly faced with as he tries to satisfy all his needs on his deserted island? group of answer choices
According to economics in one lesson, alternative applications of time and labor are the problem Robinson Crusoe constantly faced as he tries to satisfy all his needs on his deserted island.
A need is anything that is considered to be necessary or vital to have. Examples include shelter, food, and water.
An alternative application of time is if something happens on alternate days, it happens on one day, then happens on every second day after that. In the same way, something can happen in alternate weeks, years, or other periods of time.
Workers under contract or on a temporary basis are sometimes referred to as contingent workers. Project-based employees are often referred to as service providers, independent contractors, or SOW contractors. Provider of fully outsourced services; frequently included in business and professional services (BPS) or business process outsourcing (BPO) solutions all fall under the alternatives of labor.
According to Economics in One Lesson, what problem is Robinson Crusoe constantly faced with as he tries to satisfy all his needs on his deserted island? a. The problem of alternative application of time b. The problem of alternative application of labor c. The problem of alternative application of time and labor
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The electric company has the right to extend its wires over 50 parcels of land. what right does the electric company have?
When an electric company has the right to extend its wires over 50 parcels of land, the company is said to be in the possession of the right to easement in gross.
What is the significance of easement in gross?Easement in gross can be referred to or considered as a right where the person has a right to use the part of an immovable property without having a potential ownership of the land that the person has been encumbered to use. Usually companies take purchase only rights to easement in gross in order to save their fixed expenditures.
Therefore, the significance regarding an easement in gross has been aforementioned.
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Kellogg company (k) manufactures cold cereal products, such as frosted flakes. assume that the inventory in process on march 1 for the packing department included 1,200 pounds of cereal in the packing machine hopper (enough for 800 24-oz. boxes) and 800 empty 24-oz. boxes held in the package carousel of the packing machine. during march, 65,400 boxes of 24-oz. cereal were packaged. conversion costs are incurred when a box is filled with cereal. on march 31, the packing machine hopper held 900 pounds of cereal, and the package carousel held 600 empty 24-oz. (-pound) boxes. assume that once a box is filled with cereal, it is immediately transferred to the finished goods warehouse.
required:
determine the equivalent units of production for cereal, boxes, and conversion costs for march.
The equivalent units of production for cereal, Boxes and conversion costs for march are: 97,800, 65,200, 65,400.
Equivalent units of productionCereal (pounds)
Inventory in process 0
(1200x0% )
Started and completed in march 96,900
(65400×1.5-1200)
Transfer to finished goods 96,900
(0+96,900)
Inventory in process 900
(900×100%)
Total 97,800
(96,900+900)
Boxes (boxes)
Inventory in process 0
(800x0%)
Started and completed in march 64,600
[(65400-600)×100%]
Transfer to finished goods 64,600
(0+64,600)
Inventory in process 600
(600×100%)
Total 65,200
(64,600+600)
Conversion cost ( boxes)
Inventory in process 800
(800 x 100%)
Started and completed 64,600
[(65400–800) x100%]
Transfer to finished goods 65,400
(800+64,600)
Inventory in process 0
Total 65,400
(65,400+0)
Therefore the equivalent units of production for cereal, Boxes and conversion costs for march are: 97,800, 65,200, 65,400.
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Tom lennon is in the business of providing entertainment in many forms to different audiences. he is self-employed, and therefore considered to be a(n)?
Tom Lennon is in the business of providing entertainment in many forms to different audiences. he is self-employed, and therefore considered to be an Entrepreneur.
Entrepreneur: An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
Entrepreneurship: The process of setting up a business is known as entrepreneurship.
Tom Lennon is in the business of providing entertainment in many forms to different audiences. he is self-employed and therefore considered to be an Entrepreneur.
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Growth is the key to better consumption possibilities and one important key to better consumption possibilities is:_______
Growth exists the key to better consumption possibilities and one essential key to better consumption possibilities is Trade .
What is meant by Trade?
Trade is characterized as the act of trading items, the marketplace where people purchase and sell products, or a means of generating income. The trade in tea, which involves importing tea from China and buying it in the US, is an illustration of trade. Working in sales is an example of trade.
To eradicate poverty worldwide, trade is essential. Open economies tend to develop more quickly, innovate, increase productivity, and give their citizens more chances and higher incomes. By providing consumers with more cheap goods and services, open trade also benefits households with lower incomes.
Customers can choose what they want to buy. Their financial situation and the cost of goods and services will influence their decision-making. Budget line displays different product combinations that can be bought using a certain amount of money and knowledge of the pricing of the products.
Hence, Growth exists the key to better consumption possibilities and one essential key to better consumption possibilities is Trade .
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The equal employment opportunity commission (eeoc) was given the power to ________.
The equal employment opportunity commission (EEOC) was given the power to implement and uphold civil rights legislation prohibiting discrimination at work.
What is EEOC?The federal statute prohibiting discrimination or harassment against a job applicant or employee in the United States is enforced by the U.S. Equal Employment Opportunity Commission (EEOC). Congress established the Equal Employment Opportunity Commission (EEOC) on July 2, 1965, to carry out the Civil Rights Act of 1964's Title VII.
Its main office is in Washington, D.C., and as of 2021, it has 37 other field offices spread out over 15 different districts in the United States.
The EEOC upholds federal statutes that prohibit discrimination on the grounds of someone's race, color, religion, intimate relationships (including pregnancy, gender identity), national origin, age (40 or older), disability, or genetic information.
Additionally, it is illegal to discriminate against someone who has reported discrimination, has accused someone else of discrimination or has taken part in an employment discrimination investigation or lawsuit.
(Actually, 55.8% of complaints made to the EEOC in the 2020 fiscal year concerned retaliation.)
Since the stormy 1960s initially roiled their seemingly calm waters, business ethics have evolved significantly.
Thus, EEOC plays a major role in protecting human rights.
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What will be the future value of $500 at the end of five years, if the annualized interest rate is 12 nd the frequency of compounding is monthly?
Formula for FV = PV(1+r/n)^nt
where PV = present value
r = annual rate of interest
n = frequency of compounding in a year
t = time in years
∴ Here, FV = $500(1+0.12/12)^12*5
FV = $908.34
What is Future Value?Future value (FV) is the value of an asset now based on an anticipated rate of increase in the future. Investors and financial planners use the future value to project how much an investment made now will be worth in the future. Investors can choose wisely based on their anticipated demands when they have knowledge of the future value. External economic forces, such as inflation, can hurt the asset's future worth by depreciating it, though.
Investors can anticipate the potential profit from various investments using the future value computation, however, the level of accuracy varies. The future value equation is used to assess various possibilities since retaining a given amount in cash will probably provide a different level of growth than investing the same amount in equities.
Depending on the asset's kind, figuring out its future worth can be challenging. A steady growth rate is also assumed for the estimation of future value. It is simple to calculate the future worth precisely if money is put into a savings account with a guaranteed interest rate.
Therefore, Investments in stocks or other securities with a more erratic rate of return, however, might be more challenging.
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State two ways in which trade unions could assist workers in addressing non compliance with working conditions
Ways in which change unions should assist workers in addressing noncompliance with operating conditions are the standard sports of alternate unions consist of supplying assistance and services to their contributors, collectively bargaining for better pay and conditions for all people, and running to enhance the excellent of public offerings, political campaigning, and commercial movement.
The definition of a worker is someone or animal that performs a particular or essential project or who completes duties in a certain way. someone who works in a store is an instance a retail employee. someone who works diligently on his homework for hours a day is an instance of a tough employee.
A person is normally classed as a 'worker' if: they have a contract or other association to do work or offerings personally for praise (a contract may be written or unwritten) their reward is for money or an advantage in type, for example the promise of a settlement or future paintings.
Workers are the people employed by using a selected organization or company. Manpower is all the employees available to paint for a business enterprise or USA. A colleague or co-employee is a person you figure with, mainly in the workplace.
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If revenues is credited, then the possible debits are ______
If revenues are credited, then the possible debits are cash, deferred revenue, and accounts receivable.
What Is Revenue?Revenue is the amount of money made from regular business activities and is calculated by dividing the average sales price by the number of units sold. The top-line (or gross income) figure is what is used to compute net income after expenses are subtracted.
On the income statement, sales are referred to as revenue. The money that a company makes from its operations is known as revenue. There are different ways to determine revenue depending on the accounting style utilized. In accrual accounting, sales made on credit will be counted as revenue for goods or services delivered to the customer. Revenue may be recognized by certain regulations even though payment has not yet been made
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If overapplied overhead is closed out to cost of goods sold, the cost of goods sold account will be ______.
If overapplied overhead is closed out to cost of goods sold, the cost of goods sold account will be decreased.
Manufacturing overhead that has a credit balance is overapplied, overstating the cost of items supplied as a result.
Underapplied overhead is the reverse of overapplied overhead. When costs are actually lower than what a corporation budgets for, overapplied overhead is the result. A corporation achieves a lower level of overhead expenses during the accounting period and comes in under budget.
The correct accounting procedure is to debit the manufacturing overhead cost pool and credit the cost of goods sold in the amount of the overapplication where overhead has been applied incorrectly. This has the effect of charging the true amount of overhead through the cost of goods sold.
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Say a pill existed that made people selfless. after taking it they were only interested in others, not themselves. under the coordination definition of economics:______.
Say a pill existed that made people selfless. after taking it they are only interested in other people, not themselves. under the definition of economic coordination there will still be economic problems.
Economics can be defined as the study of how individuals, businesses and governments make choices in allocating resources to meet their needs. These groups determine how resources are and how they are organized and coordinated to achieve maximum results. Most of them are concerned with the production, distribution and consumption of goods and services.
The economy is divided into two important parts, namely: Macroeconomics & Microeconomics
Microeconomics can be defined as the study of decisions made by people and businesses regarding the allocation of resources and the prices of goods and services.Macroeconomics can be defined as a branch of economics that describes a substantial picture.You can learn more about Economics here brainly.com/question/28208676
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After the adjusting entries have been completed, the ending balance in the supplies account represents the cost of supplies ______.
After the adjusting entries have been completed, the ending balance in the supplies account represents the cost of supplies remaining at the end of the accounting period.
What is the supplies account?The total cost of office supplies that are charged to expenses throughout a reporting period. When utilized, these things are charged to expenses; if the cost of supplies is irrelevant, they are charged when the expense is incurred. Each department in a company might have its own spending account for office supplies.
Office supply expense examples:
Desk accessories, forms, light bulbs, paper, pens, pencils, and toner cartridges are a few examples of office supplies.
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The financial statement that shows the financial position of a company at a specific point in time is called the:_____.
The financial statement that shows the financial position of a company at a specific point in time is called the balance sheet.
What is a balance sheet?Financial statements are records that contain information about a businesses' activities and it also contains information about the financial performance of the firm.
Types of financial statements include:
Cash flow statement.Statement of changes in equity.Balance sheet.Income statementNote to financial statements.A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a point in time.
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Indigo company's journal reveals that equipment was debited and notes payable was credited, both for $10,000. indigo company must have:__________
The indigo firm must have made a note for the equipment's purchase price and purchased it.
Describe a journal.
An academic journal is a periodical that features articles published by academics, researchers, and other subject matter specialists. Journals concentrate on a certain subject or area of research. Journals, as opposed to newspapers and magazines, are written for an academic or specialized audience, not for general readers.
Journal case studies:
Concentrate on recent developments
Cite sources and maintain bibliographies
both paper and online, or both
Journals are serially numbered and released on a regular schedule (monthly, quarterly, etc.).
Each copy is an issue, and a volume is made up of all the issues (usually each year is a separate volume). Journals are referred to as periodicals or serials, just as newspapers and magazine.
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A local school has been destroyed by fire. nothing has been salvaged and the school will have to completely rebuilt. what are the three methods of determining the cost of rebuilding?
A local school has been destroyed by fire. nothing has been salvaged and the school will have to be completely rebuilt. the three methods of determining the cost of rebuilding are
Square Foot Cost Unit in Place and Quantity Survey MethodThis is further explained below.
What is cost?Generally, A cost is the worth of the money that has been spent in the process of producing something or delivering a service, and as a result, it is no longer accessible for use.
This concept is utilized in manufacturing, research, retail, and accounting.
In conclusion, A local school has been destroyed by fire. nothing has been salvaged and the school will have to be completely rebuilt. the three methods of determining the cost of rebuilding are
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All of the following are benefits of workforce diversity except? a. better problem solving b. improved marketing efforts c. enhanced communication d. attraction and retention of the best talent
All of the following are benefits of workforce diversity except enhanced communication.
Diversity in the workforce refers to the distinctive personality traits that each employee possesses. Gender, race, ethnicity, religion, age, sexual orientation, physical prowess, and ideologies can all be included in the definition of workforce diversity. Since it recognizes the unique strengths and potential of each employee, a diverse workplace is a valuable asset. A diverse skill set enables a company to provide a broader and more flexible range of goods and services. Teams with more diversity are more effective and perform better as they highlight a more tremendous potential for professional and personal development. Individuals can benefit from one another's knowledge and experiences thanks to diversity. Including various viewpoints and ideas improves problem-solving.
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How would you show your understanding of how critical it is to get to know the lives of your students living in poverty?
In order to find a shared interest, truly listen to your students while they converse with one another before class, in the halls, and in the cafeteria.
Founded in 1990, Shared Interest Society Limited is a fair trade financial co-operative with headquarters in the United Kingdom. Presently, it offers finance and financial services to global fair trade manufacturers, retailers, importers, and exporters.
Shared Interest collaborates with both Fairtrade International and the World Fair Trade Organization (formerly known as Fairtrade Labelling Organizations (FLO)) (WFTO). In order to supplement the financial services provided by the Society, the Shared Interest Foundation was established in 2004 as a nonprofit subsidiary. It offers producers support and training services. The Queen's Award for Enterprise was given to Shared Interest in 2008.
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A market ______ growth strategy focuses on increasing sales of the firm's current products to its current target markets. multiple choice question.
A market product growth strategy focuses on increasing sales of the firm's current products to its current target markets.
A product growth strategy increases sales looking all the prospects of the department rather than focus on only one department of the firm. It develops the firms production process in all aspects.
The strategy is made and planned according to the current market conditions to achieve its desired targets and get the maximum profit out of the production process that is taking place in the firm which in turn increase sales of the firm by increasing consumers demand.
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The cash flow that results from a company's ongoing, normal business activities is called:______
The cash flow statement is believed to be the most instinctive of all the financial statements because it observes the cash made by the business in three main forms—via operations, investment, and financing. The totality of these three segments is called net cash flow.
What is the cash flow activity of the business?The three classifications of cash flows are operating activities, investing activities, and financing activities. Working activities include cash activities connected to net income.
Investing activities contain cash activities related to noncurrent investments.
Cash inflow is the money going into a business which could be from sales, investments, or financing.
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A customer's short margin account is properly margined and shows a credit balance of $40,000. interest would be charged on a balance of? a 0 b $10,000 c $20,000 d $40,000
A short margin account of a customer is properly margined and shows a credit balance of $40,000. Interest would not be charged on a balance of 0.
Interest can only charged on debit balances, which are monies loaned by the firm to its customer. Credit balances in the short margin accounts are not been subjected to any interest charges. But however, a firm may charge a rate of interest for the stock loan.
A margin account is referred to as a brokerage account in which the broker lends the customer cash in order to purchase the stocks or other financial products available in the market.
Hence, option A is correct.
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The statement of stockholders' equity includes these amounts:______
These sums are included in the period's ending balance, retained profits, dividends, and net income in the statement of stockholders' equity.
Stockholder equity, often known as shareholders' equity or owners' equity, is the amount of assets left over for shareholders to use after all liabilities have been settled. It is determined by subtracting a company's total assets from its total liabilities, or alternatively by adding its share capital and retained earnings and deducting its treasury shares. Among the possible components of shareholders' equity are common stock, paid-in capital, retained earnings, and treasury stock.
Stockholders' equity can conceptually be used to assess the amount of money a company has kept on hand. If this number is negative, a business may be on the verge of bankruptcy, especially if there is also a substantial debt obligation.
There are two main sources of Stockholder equity, which is also known as the company's book value. The money that was initially and subsequently invested in the business through share offerings is the first source. The company's retained profits (RE), which are accumulated over time as a result of its operations, make up the second source. Retained earnings typically make up the greatest portion, especially when dealing with businesses that have been around for a while.
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The intentional use of government spending or taxing to affect the level of output, employment, and prices is known as:______
Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion, and the total demand for goods and services.
Congressional reforms to government spending and taxes with the intention of fostering full employment, price stability, and economic growth.
Expanding government spending, lowering taxes, or increasing government transfers are examples of expansionary fiscal policy instruments. Any of these actions will raise aggregate demand, which will enhance output, employment, and price level.
The intentional use of government spending or taxing to affect the level of output, employment, and prices is known as Fiscal Policy
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Cost estimating services do not include an allowance for entrepreneurial profit or incentive. True or false
This statement is true.
True, Cost estimating services do not include an allowance for entrepreneurial profit or incentive.
What Do Incentives Mean in the Workplace?The strength of an incentive stems from the fulfillment that comes from obtaining a reward. A person is motivated to continue performing an action in the same manner or even better when they are compensated for it. There are situations when a larger incentive would result in a greater response, but you must also consider the emotional component. In the workplace, rewards are used to encourage particular actions or behaviors.
For instance, businesses frequently create incentive plans for staff members who work in sales to boost profits. However, incentives are also used to boost productivity or make the workplace more hygienic. A corporation can encourage its employees to be more punctual by offering an economic incentive to those who arrive on time throughout a certain month, or by offering a bonus for a tidy desk.
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Period costs are? a. always recorded as an expense when incurred. b. expensed only when the inventory is sold. c. always considered part of the inventory.
Period costs are always recorded as an expense when incurred. So the correct option is A.
In accounting, expenses refer to the money spent or costs incurred by a company in an effort to produce revenue. Therefore, expenses are the cost of running a business in accounting, which includes the total of all the actions that will ideally result in a profit for you. There are many different ways that expenses can be defined in accounting.
The financial charges a company faces throughout operations in order to generate revenue are referred to as expenses.
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In its simplest form, ___________ represents streams of raw facts with limited usefulness until organized.
The answer is : Data.
In its most basic form, data is just a stream of unorganized facts with low value.
What does organization mean?A group of individuals involved in achieving specific goals is referred to as an organization. All formal human connections are included in it, which can be thought of as a social structure. The organization includes assigning duties to workers in accordance with their areas of responsibility and coordinating their efforts with the company's overall objective.
It can also be considered to as the second-most significant managerial task because it involves coordinating employee efforts, obtaining resources, and combining the two in order to achieve the objectives of the organization. By carefully planning and coordinating operations, organization is a goal-oriented process that seeks to accomplish those goals. It bases its operations on the idea of task division and establishes a hierarchy of authority and responsibility among its participants.
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