to record an estimate for future bad debts at the end of the period, an adjustment would be made with a credit to
Answers
The adjustment will include a credit to Allowance to doubtful debt.
Bad debt are used to describe any outstanding balances owed by individual or firms, which are deemed no longer recoverable and thus, must be written off on account.
Bad debt are also referred to as Contra-assets because it reduces the value of company's asset.
When recording an estimate of bad debt, typically, the Bad Debt Expense will be increased by Debit while the Allowance for Doubtful Accounts will increased by Credit.
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a broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. what additional information does the broker need to include?
Answers
Since the broker already add the brokerage's name, location, and phone number on the website to advertise the broker's office; then no need for any additional disclosures. The correct answer is option D.
What is a broker?A broker is an individual or firm that acts as an intermediary between a buyer and a seller; or between an investor and a securities exchange, who buys and sells goods or assets for others. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
There are 3 types of brokers, those are: Online brokers, a new form of digital investment which interacts with the customer on the internet; Discount brokers, a stockbroker who performs buy and sell orders at a reduced commission rate; and Full-service brokers.
Although part of your question is missing, you might be referring to this full question: A broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. What additional information does the broker need to include?
A. Name and address of the home office and the states in which the brokerage holds licenses
B. License number of the brokerage and list of current active licensees
C. Names of active licensees, addresses, and phone numbers
D. No need for any additional disclosures
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1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, numerous orders have to be reworked. The average cost of the reworked orders is $12.45: $5 for labor, $5.15 for more materials, and $2.30 for overhead. This ratio of costs holds for the average original order. On a recent day, the shop reworked 80 orders out of 800. The original cost of the 80 orders totaled $2,000. The average cost of all orders is $26.245, including rework, with an average selling price of $35. Required: Prepare the necessary journal entry to record the rework for the day if the shop charges such activities to Robo Department Overhead Control. Prepare journal entries to record all relevant rework charges as well as to transfer the reworked items finished goods to Finished Goods Inventory.
Answers
Answer:
Following are the Journal entries to the given question:
Explanation:
Accounts Dr Cr
Robo Department Overhead Control 996
Materials Control \((80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412\)
Wages Payable \((80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400\)
Shop overhead control\((80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184\)
Finished Goods \(2000\)
Work in process control \(2000\)
What show is considered the first netflix original?.
Answers
Answer:
House of Cards
Explanation:
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Darcy is in charge of selling some old equipment for her company as they clean out their warehouse. A customer offers to pay $6,000 for a set of old printing presses. To ensure she receives the funds, how should Darcy NOT accept payment for these items?
through an electronic funds transfer (EFT)
with cash
with a certified check
with a standard check
Answers
assume that gonzalez company purchased an equipment on january 1, 2014, for $174,000. the equipment had an estimated life of six years and an estimated residual value of $17,400. the company used the straight-line method to depreciate the equipment. on july 1, 2016, the equipment was sold for $113,100. required: 1. make the journal entry to record depreciation on the equipment through july 1, 2016. record the sale of the asset on july 1, 2016. 2. how should the gain or loss on the sale of the asset be presented on the income statement?
Answers
1. The journal entries to record the depreciation expenses of the equipment from January 1, 2014, through July 1, 2016, are as follows:
Journal EntriesDate Account Titles Debit Credit
Dec. 31, 2014: Depreciation Expense $26,100
Accumulated Depreciation $26,100
To record depreciation expense for the year.Dec. 31, 2015: Depreciation Expense $26,100
Accumulated Depreciation $26,100
To record depreciation expense for the year.June 30, 2016 Depreciation Expense $13,050
Accumulated Depreciation $13,050
To record depreciation expense for the year.July 1, 2016: Sale of Equipment $174,000
Equipment $174,000
To record the transfer to Sale of Equipment account.July 1, 2016: Accumulated Depreciation $65,250
Sale of Equipment $65,250
To record the transfer to Sale of Equipment account.July 1, 2016: Cash $113,100
Sale of Equipment $113,100
To record the receipt of cash from sale of equipment.July 1, 2016: Sale of Equipment $4,350
Gain on Sale of Equipment $4,350
To record the gain from the sale of equipment.How are depreciation expenses journalized?Depreciation expenses are recorded in the general or adjusting journal by debiting the Depreciation Expense account and crediting the Accumulated Depreciation account.
Transaction Analysis:Cost of equipment = $174,000
Estimated residual value = $17,400
Depreciable amount = $156,600 ($174,000 - $17,400)
Estimated useful life = 6 years
Annual Depreciation Expense = $26,100 ($156,600/6)
Accumulated Depreciation on July 1, 2016 = $65,250 ($26,100 x 2.5 years)
Dec. 31, 2014: Depreciation Expense $26,100 Accumulated Depreciation $26,100
Dec. 31, 2015: Depreciation Expense $26,100 Accumulated Depreciation $26,100
June 30, 2016 Depreciation Expense $13,050 Accumulated Depreciation $13,050
July 1, 2016: Sale of Equipment $174,000 Equipment $174,000
July 1, 2016: Accumulated Depreciation $65,250 Sale of Equipment $65,250
July 1, 2016: Cash $113,100 Sale of Equipment $113,100
July 1, 2016: Sale of Equipment $4,350 Gain on Sale of Equipment $4,350
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Which would an economist consider a likely substitute for coffee?
a. water
b. tea
c. chicken
d. donuts
Answers
Tea and coffee are substitutes since they are both beverages that satisfy similar consumer needs.
Which would an economist consider a coffee replacement for?Tea is an alternative to coffee, thus if the price of tea drops, people might drink more tea and less coffee. The quantities needed at each price will change as a result of a change in any one of the factors that are kept constant while creating a demand schedule.
Coffee and tea are interchangeable products. At least two products that the same consumers might use for the same purpose are considered replacement goods or substitutes. In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product.
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suppose that in a competitive market the equilibrium price is $2.50. what is marginal revenue for the last unit sold by the typical firm in this market? a. exactly $2.50 b. more than $2.50 c. the marginal revenue cannot be determined without knowing the actual quantity sold by the typical firm. d. less than $2.50
Answers
In a competitive market with an equilibrium price of $2.50, the marginal revenue for the last unit sold by the typical firm in this market is a. exactly $2.50.
In a competitive market, the firm is a price taker, meaning it has to accept the market price to sell its products. Therefore, the marginal revenue for the last unit sold by the typical firm in this market will be less than the market price of $2.50.
In a perfectly competitive market, the marginal revenue for each firm is equal to the market price for each unit of the good or service sold.
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you are working as a case manager at a local agency. during your meeting with a client, you monitor services, address questions about who will provide each service discussed, and evaluate the plan that has been implemented. what phase of case management are you in when you conduct these activities?
Answers
Using communication and the resources at hand, case management is a collaborative process that involves assessment, planning, facilitation, care coordination, evaluation, and advocacy for options and services to meet the comprehensive health needs of an individual and their family. Its goals include promoting patient safety, high standards of care, and outcomes that are both efficient and affordable.
What is Case management ?Everybody benefits when a person achieves the highest degree of wellness and functional capability, including the people being treated, their support networks, the health care delivery systems, and the many reimbursement sources. This is the fundamental tenet of case management.
Activities of case management:A thorough case management strategy can assist centralize case-related data, improve organizational productivity, and more.Determining whether a particular case actually needs to be included in your company's case management strategy is the most important step in developing a case management strategy.Risk levels are typically different for different cases. This can help case management by ensuring that cases are handled correctly.Managers can use this information to prioritize higher-risk situations and decide how much involvement might be necessary in a certain situation.Case managers must then decide on an appropriate course of action for the current case after assessing the risk.To execute a thorough and comprehensive plan, case managers must combine resources and business specialists.Learn more about Case management:
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2. If a school's total cost of attendance is $23,000 and your EFC is $5,000, how much need-based aid could you qualify for?
Answers
Answer:
$28,000 or $18,000
Explanation:
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If your COA is $10,000 and your EFC is $5,000, for example, you cannot get more need-based assistance than $5,000.
Your Expected Family Contribution (EFC), an index number, will determine your eligibility for federal student financial aid.
Describe EFC?Your Expected Family Contribution (EFC), an index number, will determine your eligibility for federal student financial aid.This amount was calculated using the information you provided on your Free Application for Federal Student Aid (FAFSA) form.According to the government, your EFC should be higher the more you can afford to pay for college.If one's EFC score is high, they will be eligible for less need-based federal financial aid for college.Your EFC is determined using a method that takes into consideration the family's benefits, assets, and both taxable and untaxable income.Learn more about EFC refer to:
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The Work functionality in QuickBooks Online Accountant enables you to increase organization and efficiency. Can you identify 3 ways it does this from the options shown here? (Select all that apply) By showing a birds-eye view of what’s coming up By flagging what’s overdue By allowing you to filter by Client By sharing access to your practice Dashboard with your clients By letting your client assign tasks to you
Answers
The Work functionality in QuickBooks Online Accountant is designed to increase organization and efficiency for accountants and their clients.
There are several ways in which this feature achieves this goal. Firstly, it shows a birds-eye view of what's coming up, allowing accountants to better plan and prepare for upcoming tasks. This can help prevent missed deadlines and ensure that work is completed in a timely manner.
Secondly, the Work functionality flags what's overdue, making it easier for accountants to stay on top of their workload and prioritize their tasks. This feature helps to ensure that nothing falls through the cracks and that all work is completed on time.
Thirdly, the Work functionality allows you to filter by Client, making it easier to manage multiple clients and their respective tasks. This feature helps to streamline the process of managing multiple clients, reducing the risk of errors and ensuring that work is completed efficiently.
Overall, the Work functionality in QuickBooks Online Accountant is a powerful tool for increasing organization and efficiency. By showing a birds-eye view of what's coming up, flagging what's overdue, and allowing you to filter by Client, this feature helps accountants to manage their workload more effectively, resulting in better outcomes for their clients.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answers
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
what do you mean by Business Risk ??
Answers
Answer:
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.
Explanation:
hope it is helpful for you keep smilingAnswer:
hi r u Korean
Explanation:
I love koreans
At what amount will accounts receivable for progress company be reported on the balance sheet if the gross receivable balance is $52,000 and the allowance for doubtful accounts is estimated at 4% of gross receivables?.
Answers
Progress Company will report $49,920 as its accounts receivable on the balance sheet. Accounts receivable refers to an amount that a business is entitled to receive in the future from its customers to whom it has sold products or services.
Progress Company has a gross receivable balance of $52,000 and the allowance for doubtful accounts is estimated at 4% of gross receivables. To arrive at the amount that accounts receivable will be reported on the balance sheet, we need to calculate the net accounts receivable. We can do this by subtracting the allowance for doubtful accounts from the gross receivables. Given, Gross receivable balance = $52,000,
Allowance for doubtful accounts = 4% of gross receivables
= 4/100 * $52,000 = $2,080
Net receivable balance = Gross receivable balance - Allowance for doubtful accounts
= $52,000 - $2,080
= $49,920
Therefore, Progress Company will report $49,920 as its accounts receivable on the balance sheet.
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Why is rotating employees into different positions a good internal control
procedure?
A. because it saves money in training costs and in employee salaries
B. because the organization can fill open positions more quickly
C. because the longer employees stay in one position, the less likely
they are to comply with company policy
D. because it allows people to spot instances of internal control
noncompliance
Answers
If the organisation cannot accommodate a promotion or permanent reassignment into a position that matches the individual's interest or skill set, job rotations can expose team members to roles and responsibilities on a periodic basis.
What do well-separated duties and job rotation mean?
By splitting the jobs among the personnel, separation of duties prohibits any one person or entity from being able to accomplish all the activities of a crucial or delicate procedure. Employees who are subject to job rotation policies are expected to switch roles frequently. By taking on new responsibilities, individuals develop their experience and abilities in a job rotation system. The purpose of rotations is to encourage adaptability, employee engagement, and retention.
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Answer:
D. Because it allows people to spot instances of internal control noncompliance
Explanation:
Rotating employees is generally good internal control because so long as the employees aren't colluding, a pair of fresh eyes may be able to catch mistakes or other issues that a previous employee made.
pro-forma cash flow per share for amazon inc. is expected to be: review later A. $14.44
B. $134.75
C. $36.77
D. $130.33
Answers
Pro-forma cash flow per share for amazon inc. is expected to be any of the(A. $14.44, B. $134.75, C. $36.77, or D. $130.33). I can give you some guidance on how to approach the question. Keep in mind that the correct answer (A. $14.44, B. $134.75, C. $36.77, or D. $130.33) may change as the company's financials are updated over time.
Firstly, it is important to understand what pro-forma cash flow per share is. Pro-forma cash flow per share is an estimate of the amount of cash generated by a company's operations per share. This metric is useful for investors and analysts as it helps them to understand how much cash a company is generating relative to the number of shares outstanding.
To calculate the pro-forma cash flow per share for Amazon Inc., you will need to review the company's financial statements and use the relevant formulas. This will involve analyzing the company's cash flow from operating activities, subtracting any capital expenditures, and dividing the result by the number of shares outstanding.
Once you have calculated the pro-forma cash flow per share, you can compare it to the options given in the question. Based on the result, you can select the answer that is closest to your calculation.
In summary, calculating the pro-forma cash flow per share for Amazon Inc. requires a thorough analysis of the company's financial statements. It is important to understand the relevant formulas and to be able to interpret the results.
As a question-answering bot, I am unable to provide real-time financial data or conduct analysis for specific companies such as Amazon Inc. To find the most up-to-date pro-forma cash flow per share information, I recommend referring to the company's latest financial statements or consulting a financial news source or analyst report. Keep in mind that the correct answer (A. $14.44, B. $134.75, C. $36.77, or D. $130.33) may change as the company's financials are updated over time.
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if you were a businessman,how would you handle home trade?
Answers
Answer:
1+1>2 effective and efficient
what are the equilibrium quantity and price per pack of cigarettes if there is no excise tax on cigarettes?
Answers
The equilibrium quantity and price per pack of cigarettes when there is no excise tax can be determined by the intersection of the supply and demand curves for cigarettes.
At this point, the quantity of cigarettes demanded by consumers is equal to the quantity of cigarettes supplied by producers. The equilibrium price is the price at which this occurs, and the equilibrium quantity is the quantity at which this occurs.
In order to determine the equilibrium quantity and price per pack of cigarettes, we need to know the supply and demand curves for cigarettes. The supply curve shows the relationship between the price of cigarettes and the quantity of cigarettes supplied by producers, while the demand curve shows the relationship between the price of cigarettes and the quantity of cigarettes demanded by consumers.
Once we have the supply and demand curves for cigarettes, we can find the point at which they intersect. This point represents the equilibrium quantity and price per pack of cigarettes. The equilibrium quantity is the quantity at which the supply and demand curves intersect, and the equilibrium price is the price at which the supply and demand curves intersect.
Without more information about the supply and demand curves for cigarettes, it is not possible to determine the exact equilibrium quantity and price per pack of cigarettes. However, you may consider this answer from another source:
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write the
5 imp of professsion
Answers
2. Positive attitude
3. Conflict resolution
4. Helpfulness
5. Integrity
there’s more!!
how is join stock company different from other organizations?
Answers
A joint stock company is an particular legal entity, apart from the persons involved. It can own support and can because it is an entity it can sue or can be sued. Whereas a federation or a sole proprietor, it has no such legal reality apart from the person involved in it.
Why joint stock company is more relevant than other?
As compared to sole proprietorships and partnership firm, a joint stock company can earn huge amount of accounts. It encourages the mobilization of savings of millions for the productive purposes. Since its capital is separated into share of small value, even an ordinary investor can contribute to its capital.
What are the factors of joint stock companies?The Companies Act 1956 defines a joint stock company as an insincere person created by law, having separate legal entity from its owner with an unchanging sequence and a common seal. Shareholders of Joint Stock Company have limited liability i.e liability limited by warranty or shares.
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1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.
Answers
The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.
What is the channel distribution?Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.
Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.
Therefore, option A is correct.
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A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE
Answers
Suppose+the+optimal+markup+on+cookware+is+25%.+what+is+the+price+elasticity+of+demand+for+cookware?
Answers
Without specific data, we cannot calculate the exact price elasticity of demand for cookware with a 25% markup. However, we can infer that the demand for cookware is likely to decrease due to the increased price.
The price elasticity of demand measures how sensitive the quantity demanded of a product is to changes in its price. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price.
To find the price elasticity of demand for cookware with a 25% optimal markup, we need to know the percentage change in quantity demanded and the percentage change in price.
Since we don't have specific data, we can't calculate the exact price elasticity of demand. However, we can discuss how the optimal markup affects the price elasticity of demand.
A 25% optimal markup means that the price of cookware is increased by 25% above the cost. Generally, when prices increase, demand tends to decrease. Therefore, we can expect that the price elasticity of demand for cookware with a 25% markup would be negative, indicating a decrease in demand.
However, the magnitude of the price elasticity depends on various factors such as availability of substitutes, necessity of the product, and consumer preferences. For example, if there are many close substitutes for cookware, the price elasticity of demand would be higher, indicating a more significant decrease in demand.
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Any christian guys wanna be friends?
Answers
Answer:
Explanation:
Im not a guy im a girl but can we still be friends
If the majority of white Southerners did not own slaves, why did the South remain so loyal to slavery?
Mainly it is because of that the cotton gin became really popular and they needed more workers to grow the cotton crops, their economy depended on cotton.
Answers
The main reason why the South remained so loyal to slavery, despite the fact that most white Southerners did not own slaves, was because of the economic dependence of the region on the institution of slavery.
This economic dependence was largely driven by the popularity of the cotton gin, which created a massive demand for cotton and thus for workers to grow and harvest cotton crops. This made slavery a vital part of the southern economy, and many southerners were unwilling to consider abolition or even gradual emancipation because they believed that their livelihoods were dependent on the institution of slavery. The invention of the cotton gin revolutionized the Southern economy. The production of cotton increased rapidly, resulting in the mass need for slaves. Thus, slavery became an integral part of the Southern economy, which resulted in loyalty to slavery.
The Southern economy relied heavily on agriculture. The majority of Southern whites owned small plots of land on which they grew subsistence crops, and they could not afford to purchase slaves. In conclusion, the South remained so loyal to slavery because it had become a fundamental part of the region's economy due to the popularity of cotton, which required a massive labor force that could only be provided by slaves.
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Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?
Answers
Answer:
Ad industry
Explanation:
The Ad industry in one such type of a traditional media who have a large audience than the other traditional media like the print media. But unfortunately, the ad media is much more expensive or costly when compared to print media such as magazines and newspapers and it is also complicated to produce.
help needed soon
How are the costs of secured and unsecured loans different?
Question options:
A secured loan typically has lower interest rates costing less; an unsecured loan typically has higher interest rates costing more.
A secured loan is typically associated with a lower fee schedule and so costs less; unsecured loans typically have a higher fee schedule and so they cost more.
Secured loans generally have longer repayment terms and cost more; unsecured loans generally have shorter repayment terms and cost less.
Secured loans usually carry a higher interest rates and cost more; unsecured loans usually have lower interest rates and cost less.
Answers
Secured and unsecured loans differ in cost because A secured loan typically has lower interest rates costing less; an unsecured loan typically has higher interest rates costing more.
How are secured and unsecured loans different?A secured loan is one that is backed by the assets of the person being loaned the money. If the person is unable to pay, the asset is seized.
Unsecured loans are not backed by any assets which means that the lender will have nothing to claim in default. This makes these type of loans risky which is why they command more interest.
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In the past 100 years, there has been a decline in the use of unpaid child labor on family farms and increase in paid (legal) labor on family farms. Therefore: an a there has been no change in GDP over the past 100 years. b all else equal, changes in GDP may understate the true increase in production over the past 100 years. c all else equal, changes in GDP may overstate the true increase in production over the past 100 years. d there has been no change in production over the past 100 years.
Answers
The correct answer is:
c) all else equal, changes in GDP may overstate the true increase in production over the past 100 years.
The statement implies that while there has been a decline in unpaid child labor on family farms and an increase in paid labor, it does not directly address the overall increase in production. Changes in GDP (Gross Domestic Product) are typically used as a measure of economic growth and production within a country. However, GDP calculations may not always accurately reflect the true increase in production due to various factors.
In this case, the shift from unpaid child labor to paid labor on family farms suggests a transition from informal, unrecorded economic activity to formal, recorded activity. This transition can result in an increase in recorded GDP. However, it does not necessarily mean that there has been no change in production or that the increase in GDP accurately represents the true increase in production.
Other factors, such as improvements in technology and productivity, changes in the quality of goods and services produced, and shifts in the composition of the economy, can also influence the accuracy of GDP as a measure of true production. Therefore, changes in GDP may overstate the true increase in production over the past 100 years, given the specific context provided in the statement.
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ERP is now about enterprise applications 20 Multiple Choice 8 003735 ntegration development deployment interfaces.
Answers
ERP is now about enterprise applications: integration, means the option B is correct.
Businesses utilize the enterprise resource planning (ERP) software to coordinate and manage the key elements of their operations. Many ERP software programs are essential to businesses because they assist in the implementation of resource planning by integrating all the operations required to manage their businesses into a single system. Planning, inventory purchases, sales, marketing, finance, and other activities can all be integrated into an ERP software system. The many business operations can be integrated via ERP software. Since ERP solutions have developed through time, many of them are now often web-based programs that users may access from anywhere. Free communication between business units, a single source of information, and precise, real-time data reporting are some advantages of ERP. There are numerous.
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The complete question is here:
ERP is now about enterprise applications:
A. networking
B. integration
C. interfaces
D. deployment
E. development
which of the following is not one of the risks that you, as an entrepreneur would take on?
Answers
They are taking a finatal risk
Entrepreneur is some one who runs and manages their own business and willing to take any risk that may lead his company to profit. In this process always provides value to the clients and customers.
The entrepreneurs take a risk of founder, product, market, competition, and sales execution risk. They don't take the risks of exposing their business plan to others.Learn more about the not one of the risks that you, as an.
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