Rachel works for a furniture company in ireland. she is responsible for buying and selling goods at a profit to small retailers. rachel most likely operates in a ________ market.

Answers

Answer 1

Rachel very certainly serves a RESELLER market.

A reseller is what?

In the retail industry as well as the broader economy, resellers are essential since they operate as the middleman between producers and customers. Although resellers are in the business of making a profit, they also assist with product distribution, offer storage, and learn about client preferences.

A reseller buys goods with the intention of later reselling them for a profit. Resellers frequently earn discounts because they buy products and services in bulk from manufacturers. By reselling, resellers then establish a connection between producers and consumers and deliver goods and services to final customers. By reducing the cost of promoting and selling their goods, these experts help manufacturers save time, money, and effort.

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Related Questions

Securities traded in active financial markets are liquid assets. explain why liquidity is important to individual investors and to mutual funds.

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Assets that are liquid are securities traded on vibrant financial markets.  

Liquidity is crucial because investors want to be able to swiftly and easily convert their investments into cash when it's required or desirable to do so. Investing in securities like stocks, bonds, and short-term debt is what a mutual fund does, which is a business that pools money from many people. The mutual fund's portfolio is its collective holdings. In mutual funds, investors purchase shares.

How are mutual funds operated?

By combining money from numerous investors, mutual funds function. Then, stocks, bonds, and other securities are purchased using that money. Mutual funds provide quick diversity (and a correspondingly lower risk environment) to investors because they invest in a variety of businesses.

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The culture heidi and sue speak of is part of the? task environment.external environment.internal environment.sociocultural dimension.

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The culture Heidi and Sue speak of is part of the external environment. Hence, Option B is correct.

What is an external environment?

In any organization, there are a number of factors that affect the environment of the organization when it comes to the external environment

It is a kind of macro environment that is not in the control of an individual. The factors which affect the external environment are competition, market economic demography, and various environmental factors

Thus, when Heidi and Sue discuss culture, it is a component of the external environment, as any culture will be affected by the external environment.  Option B is correct.

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Ruskin suggests that consumers should make every effort to purchase beautiful things that are?

Answers

Produced by creative labor.

What Does "Consumer" Mean?

What does the word "consumer" mean? Understanding customer behavior enables businesses to provide products that consumers need and want, increasing their sales and profitability. A company will probably experience losses if it does not comprehend what customers require or how they will react when a new product is introduced.

Consumer behavior, on the other hand, is incredibly complicated because it takes into account each person's unique personality, preferences, and attitudes, as well as their level of consumption. Consumers often face a change in their standard of living during economic downturns, which affects their preferences and level of consumption spending.

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Payments into a variable annuity contract are deposited to the insurance company's: ________
a. general account
b. special account
c. separate account
d. special memorandum account

Answers

The correct answer is (c) separate account.

Deposits made to variable annuities are made into a different investment account (i.e., one that is not part of the insurance company's main investment account). Shares of a chosen mutual fund are purchased using the separate account. The amount of the annuity received depends on how well the mutual fund shares performing in the separate account.

What is the function of a variable annuity?

An agreement between you and an insurance company known as a variable annuity states that the insurer will pay you on a regular basis, either starting now or at a later time. A single purchase payment or a series of purchase payments are required to buy a variable annuity contract.

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A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of?

Answers

A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of 14.29.

What is reserve ratio?

The reserve ratio is the percentage of reservable liabilities which commercial banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio.

Some key points related to reserve ratio are-

The reserve requirement is the minimum amount of deposits that a bank must hold, and it is sometimes used interchangeably with the reserve ratio. Regulation D of the Federal Reserve Board establishes the reserve ratio. Regulation D established uniform reserve requirements with all deposit accounts with transaction accounts and necessitates banks to provide the Federal Reserve with regular reports.Suppose the Federal Reserve determined that the reserve ratio should be 11%. This means that if a bank has $1 billion in deposits, it must keep $110 million in reserve ($1 billion x.11 = $110 million).

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A c character literal is enclosed in ________ quotation marks, whereas a string literal is enclosed in ________ quotation marks.

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A C++ character literal is enclosed in single quotation marks, whereas a string literal is enclosed in double quotation marks. Programming Language C ++ is a computer programming language that can be used to create various applications (general-purpose programming language), and is a development of the C programming language.

The C++ language is sometimes referred to as "C with Classes". This is because the main difference between the C and C++ languages is in the support for object oriented programming. The C++ language already supports object-based programming, while the C language does not. Because it is a general-purpose programming language, which is a programming language that can create various applications, the C++ programming language can be used to create desktop applications such as antivirus, image processing software, word processing applications, and to create language compilers. other programming.

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Regarding standard 2, which appraisal report option is the most common as it fulfills the minimum requirements for lenders to process their loans?

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Regarding standard 2, Uniform Residential Appraisal Report (URAR) appraisal report option is the most common as it fulfills the minimum requirements for lenders to process their loans.

What is Uniform Residential Appraisal Report (URAR)?

The Uniform Residential Evaluation Report (URAR) is widely regarded as one of the most extensively utilized forms in real estate appraisal. The form pertains to a one-unit property or a one-unit property with an auxiliary unit and enables standard reporting and analysis of single-family houses. This includes a planned development unit. The Uniform Residential Evaluation Report (URAR) form should not be used for manufactured homes or condominium units.

A Uniform Residential Evaluation Report (URAR) form, also known as Fannie Mae Form 1004, contains all of the information required to perform a full appraisal of a property utilizing one of three major techniques to value: a cost approach, a sales comparison approach, and an income approach.

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A company may discover additional sources of ________, by investigating possible integration moves

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A company may discover additional sources of sales volume by investigating possible integration moves.

What is a sales volume?

Basically, the sales volume means the number of units that a firm sells during a specific reporting period. The said period could be a month, quarter, year, all depending on what level of sales volume that the firm is seeking to analyze.

Most time, an investors frequently look at sales volume to assess the health of a growing or contracting company. In conclusion, the company may discover additional sources of sales volume by investigating possible integration moves.

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The theory that investors must be compensated for the higher price risk and lower liquidity inherent in longer-term securities is called the:_________

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The phrase "risk premium" refers to the idea that investors need to be rewarded for the higher price risk and decreased liquidity present in longer-term assets.

A risk premium is the excess of an asset's expected investment return over its risk-free rate of return. Investors receive compensation in the form of a risk premium for an asset. It serves as compensation for investors who accept more risk in a particular investment than they would in a risk-free asset.

For instance, there is often low default risk associated with high-quality bonds issued by reputable businesses that generate significant profits. So, compared to bonds issued by less well-known businesses with a larger risk of default and uncertain profitability, these bonds pay a lower interest rate. Investors are compensated for their increased risk tolerance by the higher lending rates that these smaller businesses must charge.

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In a scenario where we expect a shift in both supply and demand, if the demand for a product increases, the price will always increase. True or false?.

Answers

The problem is a false statement, if the demand for a product increases, the price will always increase.

What is shift in both supply and demand?

Demand and supply curves may shift to the left or the right. If the quantity of a product is required grows, it is likely that the price of that product will fall, shifting the demand curve to the right. The quantity supplied will decline as prices fall, shifting the supply curve to the left.

The shifts in both the supply and demand curves are roughly equal when the increase in demand is equal to the reduction in supply. In reality, the equilibrium quantity stays constant while the equilibrium price increases.

Therefore,

In a scenario where we expect a shift in both supply and demand, if the demand for a product increases, the price will always increase. True or false?

The problem is a false statement.

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______ is an economic system oriented to the collective, rather than the private, ownership of the means of production. group of answer choices

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"Socialism" is an economic system oriented to the collective, rather than the private, ownership of the means of production.

What is Socialism?

Socialism is a social and economic doctrine that advocates for public ownership or control of property & natural resources instead of private ownership or control.

Some key features regarding the Socialism are-

Individuals, according to the socialist viewpoint, do not live or work in isolation, but rather in collaboration with one another. Furthermore, everything that people create is a social product in some way, and anyone who contributes to the creation of a good is entitled to a share of it. As a result, society as a whole should own or control property to the benefit of all its representatives.This conviction pits socialism against capitalism, which is predicated on private ownership of the equipment of production and allows individuals to choose how products and services are distributed in a free market.

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If the price of chicken increases and, as a result, you buy more pork and less chicken (even though the price of pork has not changed), then chicken and pork are:_____.

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If the price of chicken increases and, as a result, you buy more pork and less chicken (even though the price of pork has not changed), Then chicken and pork are substitutes.

What is substitute?

A product or service that customers perceive to be substantially the same as or sufficiently comparable to another product is referred to as a substitute, or substitutable good, in economics and consumer theory. A product that can be used in lieu of another is known as a substitute.

So, as mentioned in question, Suppose you purchase more pork and less chicken as a result of rising chicken prices (even though the price of pork has not changed), Then chicken and pork are substitutes.

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A list containing the knowledge, skills, abilities, work experience, education, and training that defines the qualifications needed for a position is called a(n)?

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When there is a list that contains the knowledge, skills, abilities, work experience, education, and training needed for a position, this is the Job Specification.

What is a job specification?

A Job Specification refers to a list of requirements that are needed from a candidate who wants to apply for a certain position.

These requirements will include, but are not limited to, the knowledge, skills, abilities, and work experience that the person needs. Their educational qualifications and training will also be included most likely.

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A company's earnings after taxes are $200,000 and the firm pays preferred stockholders $18,000 in dividends. the company has 91,000 shares of common stock outstanding. earnings per share is equal to?

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A company's earnings after taxes are $200,000 and the firm pays preferred stockholders $18,000 in dividends. the company has 91,000 shares of common stock outstanding. earnings per share is equal to $2 dollars per share

Pretax earnings are a company's income left over in the end operating expenses, including interest and depreciation, are deducted from total sales or revenues, but before income taxes are subtracted, 200,000 - 18,000 = 182,000, 182,000 / 91,000 = 2

When people speak about income and salary and tell you how much money they create, the numbers stockholders they mention are usually pre-tax numbers. The thing is, after you get paid, your salary gets paid post-tax.

Net income after taxes is calculated by taking revenue and subtracting all of a company's expenses and costs, including the following: Cost of products sold, which represents the prices involved.

As a result, this lowers the full income amount that's taxed, which reduces the income taxes the worker is liable for paying. Gross profit deducts costs of products sold (COGS). Operating profit factors in both COGS and every one.

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What are some non-monetary costs of attempting to eliminate risks? loss of life loss of productivity loss of time.

Answers

Some non-monetary costs of attempting to eliminate risks a are  time costs, search costs, and psychological costs .

Non-Monetary cost is a cost which a buyer pays other than money, to acquire a thing.The non-monetary price of acquiring a product comprises the time spent looking for it and the risk taken that it will provide the desired benefits.    

 

Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service. When deciding whether to purchase a service or repurchase it, time costs, search costs, and psychological costs are frequently taken into consideration and may occasionally be more significant considerations than monetary price.

The psychological expenses associated with receiving these services are the most distressing non-monetary charges. Fear of rejection (bank loans), fear of not understanding (insurance), and worry of uncertainty (including fear of high cost) are all examples of fears.

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Ordinarily, which is the most significant audit objective and primary risk area for auditors in the examination of accounts payable?

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Ordinarily, the most significant audit objective and primary risk area for auditors in the examination of accounts payable is:

Audit Objective: Completeness is the main goal of the accounts payable audit. Completeness suggests that the payable won't receive any significant future additions. Accounts payable are a significant source of operating cash flows in the drug wholesale industry because inventory turnover is very high.

Primary Risk Area:

1) Intentionally understated are expenses and accounts payable.

2) There are payments made to unsuitable vendors.

3 )Payments are made twice to vendors.

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High tech customers want cutting edge products that are updated every year.
true or false

Answers

False. What happens to a product's age when its placement (Speed/Accuracy) is updated? It splits in two. Region Kits are extra product features made for a particular market.

How does product positioning work?

Product positioning is a type of marketing that highlights your product's advantages to a specific target market. Based on positive reactions to the product, marketers can choose which audience to target through market research and focus groups.

Research can also reveal which product features appeal to consumers the most. Understanding this data facilitates the streamlining of marketing initiatives and the creation of powerful marketing messages that increase leads and sales. Additionally, it aids in setting the product or service apart from rivals in the market.

Any marketing strategy must include product positioning, but it need not be restricted to a single demographic.

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All manufacturing costs are assigned to units of product and all nonmanufacturing costs are treated as period cost under costing.

Answers

All manufacturing costs are assigned to units of product and all nonmanufacturing costs exist treated as a period cost under absorption  costing.

What is meant by Manufacturing cost?

Manufacturing cost can be considered as the summation of the cost of consumed resources during the production of a product. It can be separated into

direct materials costdirect labor costmanufacturing overhead.

It should be noted that All manufacturing costs exist allocated to units of product and all non-manufacturing costs exist treated as a period cost under absorption costing. Total absorption costing is an accounting technique that accounts for all costs associated with producing goods or rendering services. TAC incorporates all manufacturing overheads in addition to the expenses of materials and labor. Each cost centre may have direct or indirect costs.

A managerial accounting technique called absorption cost, sometimes known as absorption cost, incorporates both the variable and fixed overhead costs associated with producing a specific product. Manufacturers may set their product prices since they are aware of the whole cost of production for each unit.

Hence,  All manufacturing costs are assigned to units of product and all nonmanufacturing costs exist treated as a period cost under absorption  costing.

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A manager's use of conceptual and decision skills ______ with greater responsibility.

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A manager's use of conceptual skills and decision skills Increases with greater responsibility.

What does conceptual thought entail?

When a new project comes your way, you won't be the type to roll up your sleeves and dive into duties or begin delegating responsibilities because conceptual thinking prevents you from doing these things. Before beginning the project, you prefer to take a step back and envision or theorize it.

Your quest to comprehend the "why" underlying each project is strong. Justification for your actions Describe the project's motivation. Will it have an effect? Your work will be better contextualized if you have a firm understanding of the big picture, and you'll become more adept at presenting to different audiences. You can present information in a targeted, personalized manner by determining what information is most pertinent to them.

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The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of:_______

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The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of materiality.  In auditing and accounting, the term "materiality" refers to the importance or "significance" of a sum, a transaction, or a discrepancy.

According to the general accepted accounting principles (GAAP) criterion known as "materiality," all items that are conceivably likely to have an influence on investors' decision-making must be documented or disclosed in full in a company's financial statements. The significance of information in financial accounts of a corporation is referred to as materiality. A transaction or business decision is "material" to the business if it necessitates reporting to investors or other users of the financial statements and cannot be excluded.

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Why is it important to track your income and your expenses?


because knowing whether you can afford your lifestyle or not is the first goal of financial literacy

because knowing whether you can afford your lifestyle or not is the only goal of financial literacy

because you need to by law

because your income will tell you how much money you can save

Answers

It is important to track your income and your expenses: A. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy.

What are financial planning skills?

Financial planning skills can be defined as the ability of an individual to determine the most appropriate (best) financing and investing activities for himself or herself, or a business firm after evaluating all available options.

What is financial literacy?

Financial literacy can be defined as the ability of an individual to understand and use various financial skills, as well as investing, budgeting, and personal financial management, in order to be able to make most appropriate (best) financing and investing decisions.

Also, the first goal of financial literacy is for an individual to know and understand whether or not he/she can afford his or her lifestyle.

In this context, we can reasonably infer and logically deduce that it is important to track your income and your expenses: A. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy.

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Answer:

1. the Finance Bar

2. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy

3. cryptocurrency

4. your needs

5. your family priorities

6. movie tickets

7. -paying off a credit card

-saving for college

8. a payment to repair a car bumper after a collision

9. 26

10. Borrowing more than you can pay back, or borrowing more than is necessary.

11. A person's FICO score is 800 or more.

12. Increase the APR to 24% or higher and charge a late fee.

13. wire transfer

14. A and C

15. Deposits made after the closing date of the statement should be added to the closing balance of the statement.

16. "profit and loss (P&L) statement"

17. -billing costs

-commissions

18. No, early withdrawal of 401(k) money will incur a penalty.

19. Take-home pay exceeds spending.

Explanation: I took the Personal Finance Unit Test

A(n) ________ is a specialized group of consumers with a structured set of relationships involving a particular brand, fellow customers of that brand, and the product in use.

Answers

The answer is :- brand community.

A brand community is a particular kind of consumer group that has established ties with other brand users, other brand customers, and the product being used.

What exactly is a brand community?

A brand community, to put it simply, is the epitome of brand loyalty. People that are emotionally invested in your brand will buy from you, read your material, spread the word about you to their friends and family, and other things. But brand awareness is not the same as a brand community. The mere fact that someone is aware of your brand or has made a purchase from it does not imply that they are a member of your engaged or even engageable brand community. Instead, your brand community consists of people who like following your brand on social media, sharing your content and products with others, and subscribing to all of your company's updates.

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One financial intermediary in our financial structure that helps to reduce the moral hazard from arising from the principal-agent problem is the.

Answers

The principal-agent problem's moral hazard can be reduced by our financial system's financial intermediaries, one of which is the venture capital firm.

A financial intermediary puts itself at risk by acquiring financial assets and incurring debts for its own account in addition to serving as an agent for other institutional units (for example banks, insurance corporations, investments funds)

In exchange for equity, or ownership holdings, venture capital firms or funds invest these early-stage businesses. Venture capitalists take on the risk of investing in risky start-ups in the hopes that some of the firms they support will prosper.

Venture capital businesses have two methods to make money. There are two ways for entrepreneurial investors to make money. The first fee is for capital management for the business. VCs earn money in two different ways. There are two ways for entrepreneurial investors to make money. The first fee is for capital management for the business. The second is carried interest, or "carry," on the fund's investment return.

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Indirect labor costs include ______. multiple select question.
a. assembly-line supervisor salary
b. factory security guard wages
c. administrative assistant salary
d. assembly-line worker wages

Answers

Indirect labor costs include: factory security guard wages and assembly-line supervisor salary

What is indirect labor cost?

Indirect labor cost is the cost of labor that isn't directly related to the production of goods or the provision of services. It refers to the payment made to workers whose duties enable others to produce goods and provide services.

Indirect labor is the labour done by people who are not directly involved in the production of the commodities. Workers in a plant's quality assurance department, managers, and security personnel are a few examples. Their pay and benefits would be considered indirect labor costs.

"Indirect labor" refers to tasks performed by employees that enhance the operation of the company without directly producing goods or services. They are employed in industries including administration, accounting, and engineering.

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Suppose goods a and b are substitutes for each other. We would expect the cross-price elasticity between these two goods to be.

Answers

When two goods a and b are substitutes for each other then the cross-price elasticity between these two goods will be positive.

Economists use the cross-price elasticity of demand to categorize the relationship between two different items. The positive cross-price elasticity of demand indicates that two goods are substitutes. In other words, a decrease in the quantity demanded of a product due to an increase in its price will result in a rise in the demand for its substitute. On the other hand, if a product's price is reduced which will eventually increase the demand, the demand for its substitute product will decline.

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The smaller the current ratio, the higher the firm's ability to repay its current debts.
a. true
b. false

Answers

Answer:

false

Explanation:

the smaller the current ratio the lesser the amount of assets are compared to liabilities

Dylan bought a sport jacket from a retail store. which type of transaction was dylan participating in?

Answers

Dylan bought a sport jacket from a retail store. The buy, usually referred to as a sale, is the type.

What is sales?

When two or more parties exchange money in exchange for the buyer getting real or intangible goods, services, or assets, the transaction is said to be a sale. A seller might occasionally receive additional assets.

Sales in general business operations refer to any exchanges of money or value for the right to possess a good or get a service. Sales, in the context of accounting, refers to the income generated by a corporation via the selling of goods or services (net sales).

Sale refers to the sale of products or services, or a price reduction. Selling a new home is an illustration of a sale.

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Place the steps in the adjustment process at the end of the accounting period in the correct order.

Answers

The correct steps in accounting are:

1. Prepare the adjusting entries

2. Prepare an adjusted trial balance

3. Prepare the financial statements

4. Prepare the closing entries

   All varieties of bookkeepers should be familiar with the eight-step accounting cycle. It divides the total process of a bookkeeper's duties into eight fundamental steps. Through accounting software and other technological tools, many of these tasks are frequently automated. However, for small business accountants working on the accounts with little technical support, being aware of and using the manual processes might be crucial.

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A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is called?

Answers

Answer to the query is planning bill.

Planning bills are agencies of gadgets in a invoice of cloth format that mirror how an item is sold, as a substitute than how it is built. Planning bills enable you to account for the range of feasible picks and points that might be included as components in a saleable quit item.

What is planning in BOM?

A planning BoM, or planning Bill of Materials, is really a listing of the practicable wishes of a project. It is initiated in the early degrees of a venture even before the challenge has formally been approved.

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In order to be considered a legal owner of a public company, a person or organization must _____

Answers

In order to be considered as a legal owner of a public company, a person or an organization must hold or own at least one stock of such public company.

What is the significance of a legal owner?

A legal owner can be referred to or considered as a person who is the owner of a property, whether movable or immovable, in the eyes of the laws. A legal owner is better than any other owner for having the right to own, possess, and sell such property.

In case of a public company, a legal owner will be someone who owns the stock of such company, irrespective of the quantity of stocks held by such owner.

Therefore, the significance regarding a legal owner has been aforementioned.

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