A) According to Sarbanes-Oxley, the majority of the board of directors must be independent.
Sarbanes-Oxley: What is it?
On July 30 of that year, the US Congress passed the Sarbanes-Oxley Act of 2002 in an effort to protect investors from fraudulent or deceptive corporate financial reporting. The SOX Act of 2002, often known as the Dodd-Frank Act, required stringent updates to current securities laws and placed severe new penalties on offenders.
In reaction to early 2000s financial scandals involving publicly traded businesses like Enron Corporation, Tyco International plc, and WorldCom, the Sarbanes-Oxley Act of 2002 was passed. Investor confidence in the reliability of corporate financial statements was shaken by the high-profile thefts, which prompted many to call for an update to the regulations' long-standing requirements.
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the demand curve suggests that an auto manufacturer will sell 20,000 mercedes-benz m-class vehicles when they are priced at $50,800, but when the price is reduced to $45,000, that quantity will increase to 27,000 units. what is the resulting elasticity?
The resulting elasticity -3.07 ; % change in quantity demanded = (27,000 - 20,000) / 20,000 = 0.35% change in price = ($45,000 - $50,800) / $50,800 = -0.114Price Elasticity of Demand = 0.35 / (-0.114) = -3.07
Demand is the amount of goods that people are willing to buy at a particular price at a particular time. Description: Different quantities can be requested at different prices at any given time.
Demand refers to the desire and willingness of a consumer to purchase a product or service over a specified time or period. Consumers must also be able to pay for what they want and need according to their disposable income budget. Demand is therefore the force that influences economic growth and market expansion.
Demand refers to the amount that consumers want and can buy at a given price. Demand is the entire relationship between the price of a commodity and the quantity of demand for the commodity.
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In what pricing strategy are prices lowered in a series of steps with the demand by those who really desire the product being satisfied at the highest prices?.
According to the pricing strategy known as "price skimming," a business will initially set its starting price as high as its target market will bear before dropping it over time.
What pricing method involves gradually lowering prices?Companies who use a skimming pricing approach offer the greatest price they can for a new product before gradually lowering the price as the product loses popularity. In contrast to high-low pricing, skimming lowers prices gradually over time.
How does a skimming pricing technique go about determining prices?Skimming is a pricing technique that involves setting initial product prices high and then lowering them as competitors enter the market. Penetration is the reverse of skim pricing.
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What is production possibility curve with example?
Under resource constraints, the production possibilities curve shows the maximum output for two goods. It also exemplifies the opportunity cost of resource allocation choices.
What is the set of production possibilities?The graph known as the "production possibility frontier" shows the different ways two commodities could be produced while resources are fixed. Only by compromising the production of the other commodity can the production of one commodity be raised.
Imagine a country that annually produces 120,000 apples and 20,000 oranges. The point B on the diagram is there. If it keeps making the same number of apples, it cannot grow additional oranges. It can only generate 85,000 apples for every 45,000 oranges produced, as seen by point C on the graph.
What significance does the production possibility curve have?The production possibility curve is significant because it can show the maximum amount of output that can be produced with a particular set of resources. This can aid economists in understanding and projecting the productive activity of a nation or other unit at the macroeconomic level.
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what is the goal of brand positioning?
The goal of brand positioning is a. to explain to its target customers why it is better and why its superiority to competitors is important.
What exactly is brand positioning?Brand positioning establishes readability in relation to who you serve. It also explains to your target audience why you are a good employer for them and what makes your products or services unique. It makes it easier to defend your price strategy.
The ability to affect a customer's perception of an emblem or product is referred to as positioning. The goal of positioning in advertising is to establish the image or identity of a brand or product so that buyers understand it clearly.
A company's logo placement helps them to differentiate itself from the competition. This distinction enables a company to raise brand awareness, discuss pricing, and justify pricing – all of which have an effect on its bottom line.
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should cost minimization or opportunities maximization be the primary goal of a cooperative strategy?
The main objectives of a cooperative strategy are to minimize costs and maximize opportunities. Yes, businesses can use both at once to achieve their goals.
Cost-cutting strategy: The business creates official contracts with its partners. These contracts outline the monitoring and control procedures for the cooperative method. The purpose of this strategy is to lower the expense of the cooperative method and spare you from partners' opportunistic behavior.
The opportunity-maximization technique concentrates on the value-adventure opportunities of a relationship. In this situation, friends are ready to seize unexpected opportunities to learn from one another and to investigate additional business opportunities.
Both simultaneously: Businesses can manage cooperative tactics using both approaches in an efficient manner. Although the cooperative strategy is designed to lower alliance costs, there are additional costs associated with displaying it, such as establishing specific contracts and using substantial tracking mechanisms.
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if carissa dalton has a $400,000 home insured for $312,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a claim of $17,000? assume there is no deductible. (do not round intermediate calculations. round your answer to 2 decimal places.)
The insurance company would pay $16,575 on a claim of $17,000 based on the coinsurance formula.
0.80 × 400,000 = 320,000
(312,000 /320,000) × 17,000
= $16,575
Coinsurance Formula
Amount paid = (Insurance coverage / Coinsurance requirement) × Claim amount
(coinsurance req. = value of home * %)
The coinsurance formula is the homeowner's insurance formula that determines how much a homeowner will be reimbursed for a claim. When a homeowner fails to maintain coverage of at least 80% of the home's replacement value, the coinsurance formula kicks in. Those who file a claim in this situation will only receive a partial reimbursement based on the formula. The coinsurance formula determines how much a homeowner or property owner will be reimbursed for a claim.
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carrying out the goals of business through the use of the internet is generally known as . multiple choice question.
E-commerce often known as electronic commerce, is the exchange of goods, services, money, and data over an electronic network, most often the internet.
Explain about the E-commerce?E-commerce, commonly referred to as electronic commerce or internet commerce, is the term used to describe the exchange of money and data for the purpose of transacting business through the internet.
A business model known as e-commerce involves buyers and sellers exchanging goods and services with customers online. Business to Business (B2B) and Business to Consumer (B2C) ecommerce are two popular forms.
There is a good reason why internet retailers like Amazon do so. They have some distinct advantages over their competitors who operate out of stores thanks to this. The low costs, flexibility, and speed, as well as the high levels of data, are the main benefits.
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working papers of continuing audit interest usually are filed with the administrative working papers.
A. true
B. false
Working papers of continuing audit interest usually are filed with the administrative working papers.
A. true
Audit documentation includes records of the preparation and execution of the job, the methods carried out, the evidence gathered, and the findings drawn by the auditor, among other things. The term "audit documentation" can also apply to work papers or working documents.
Working papers are records that the auditor keeps of the methods used, the tests carried out, the data collected, and the pertinent judgments made during the engagement.
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transformational leadership often incorporates which types of leadership?a.behavioral and situationalb.authentic and servantc.visionary and charismaticd.transactional and motivational
Transformational leadership often incorporates (C) visionary and charismatic.
What is transformational leadership?A leadership style known as transformational leadership affects both social systems and individual behavior. In its optimal state, it brings about significant and constructive change in the followers with the ultimate objective of transforming followers into leaders.According to the leading idea of transformational leadership, a leader engages teams or followers in ways that go beyond their immediate self-interests in order to recognize changes that are necessary and to develop a vision for those changes.It is simple for the followers to trust and believe in a transformational leader. This is also known as charisma because displaying a charismatic personality has been shown to persuade followers to emulate their leader.Therefore, transformational leadership often incorporates (C) visionary and charismatic.
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Correct question:
transformational leadership often incorporates which types of leadership?
a. behavioral and situational
b. authentic and servants.
c. visionary and charismatic.
d. transactional and motivational
hen a developer bought four acres of land with seller financing to build his new subdivision, he needed to ensure that he would be able to obtain a construction loan in the future. which of the following should he include in the mortgage?
The developer bought four acres of land with the seller's finance to build his new subdivision, he needed to ensure that he would be able to obtain a construction loan in the future, Subordination clause include in the mortgage.
Finance is the study and practice of money, money-related instruments, and capital assets. The study of the creation, transfer, and consumption of money, assets, goods, and services is known as economics. However, the two are not the same thing. The process of raising money or capital for any kind of expenditure is referred to as finance. It involves directing different sources of funding, such as credit, loans, and invested capital, to the businesses that can use them most effectively. From the Latin construction and the Old French construction, construction is a general term that refers to the art and science of forming things, systems, or organizations.
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For years, which of the following is the only major media category that has seen an increase in spending?
A. Online advertising
B. Radio jingles
C. Television ads
D. Print media
E. Telemarketing
For years, the following is the only major media category that has seen an increase in spending is A. Online advertising.
Advertising and marketing is an effective device that allows you to entice clients, tell them approximately your merchandise, and build purchaser agreements. Most businesses use a few types of advertisements to help them sell their services or products.
Powerful, visible marketing displays compel customers to purchase goods, services, and ideas as a way to obtain emotional success. Persuasion is the central assignment of advertising. Advertising tells you the way the product, carrier, or concept you are considering will enhance your lifestyle.
Marketing helps companies aware of their competitors in the marketplace and the way they could higher their product; advertising is the muse for any organization to launch or launch a new product; advertising allows create purchaser loyalty; The demand for a product is the end result of advertising.
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both the former soviet union and china (until quite recently) were highly centrally planned, and virtually all resources were government-owned. although russia and china have moved toward market economies, a large portion of each country's resources is still owned by the state. which of these economies must answer the three basic economic questions?
Characteristics of centrally deliberate economies pertain to ownership, sovereign selection making, rate setting, distribution, production, financial choice making, incentives, and political control.
Advantages of this economic system relate to rate control, wealth, and employment.
Which united states has centrally deliberate economy?China, Cuba, Vietnam, and Laos still hold a sturdy degree of economic planning, but they have also opened their economies to personal enterprise. Today, only North Korea can be accurately described as a command economy, although it additionally has a small degree of underground market activity.
The USSR is the quintessential example of a centrally planned economy.
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All of the economies must answer the three basic questions.
Explanation:
All economies have to answer the three basic economic questions. How that is done depends on who owns the factors of production (land, labor, capital, and entrepreneurship) and how decisions are made to coordinate production and distribution.
LT 8 Which Form of Business Ownership is the Best - YOU Decide!
Analyze the 4 business scenarios and determine the best form of
business ownership for each.
• List two reasons for your recommendation -
o ONE that is a benefit/advantage
O one that is a cost/disadvantage.
.
With the cost, iincludinga suggestions for how to overcome it or minimize
its impact on the candy maker's business.
Explain why it is the best decision, pand rove your case! I
Make me see your point-of-view, uand nderstand by you believe in your
decision.
Give a detailed explanation.
•
.
●
. Make me a believer!
●
Each response should have 4-5 sentences MMINIMUM
• The Forms of Business Ownership to choose from:
o Corporation
o Franchise
o Partnership
o Co-operative
o Sole Ownership\\
Make sure you have read ALL the directions.
The best form of business ownership to choose from the above options are sole proprietorship & partnership.
What is a sole proprietorship?It is a form of business owned and operated by a single person, and there is no legal distinction between owner and business entity. Sole proprietorships do not necessarily work alone and may employ other people.A person who solely owns an unincorporated business. However, if you are the sole member of a domestic limited liability company.it is a situation where a person starts a business with his own money or capital by taking all the risks and waiting for the reward.examples of a sole proprietorship
are as follows:
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reciprocity and redistribution are both forms of exchange of goods. reciprocity is more likely to be found in
Reciprocity typically happens between persons who are acquainted at a social level that is higher than the family.
Reciprocity is the oldest form of exchange and is utilized in egalitarian cultures. Generalized, balanced, and negative reciprocity are the three types of reciprocity.
Redistribution is the reassignment of money, power, and resources, whereas reciprocity is the process of exchanging services and goods to achieve some sort of equilibrium and mutual cooperation.
Reciprocity is the term used in cognitive science to describe non-market exchanges of products or labor, from direct barter (immediate exchange) to gift exchanges where a return is later anticipated (delayed exchange), such as birthday gift exchanges.
A salesperson offering a free gift to a potential customer in the hopes that they will return the favor by making a purchase is an example of reciprocity.
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at december 31, suppose that the following information (in thousands) was available for banana republic inc.: ending inventory $22,700; beginning inventory $21,600; cost of goods sold $221,500, and sales revenue $450,000. calculate the inventory turnover and days in inventory for banana republic. (round answersto 1 decimal places, e.g. 15.2. use 365 daysfor calculation.) inventory turnover times days in inventory days
The direct costs of production, such as direct labor and materials, are not included in the cost of goods sold, which is also known as cost of sales.
The cost of goods or services that are not sold should not be included in the calculation of the cost of goods sold.Cost of goods sold equals gross profit minus sales, or Cost of goods sold minus purchases minus ending inventory.
Purchase Price: $8,920 million minus Cost of Goods Sold: $8,795 million
Your company's total cost of goods sold is the sum of all costs directly related to product sales.That could include items purchased for resale, raw materials, packaging, and direct labor related to producing or selling the good, depending on your business.
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biarritz corp. is growing quickly. dividends are expected to grow at a rate of 29 percent for the next three years, with the growth rate falling off to a constant 7.8 percent thereafter. the required return is 15 percent and the company just paid a dividend of $3.65. what are the dividends each year for the next four years? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) what is the share price in three years? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The dividend discount model (DDM) is a quantitative technique for forecasting the price of a company's stock based on the idea that, when discounted back to their present value, all of the company's future dividend payments are worth the present price of the stock.
How to calculated the DDM ?We will apply the dividend discount model method to determine the current share price.Based on the present value of anticipated future dividends from the stock, the dividend discount model (DDM) calculates an estimate of the share's or stock's worth. As the growth in dividends of the stock is divided into two stages, we will use the DDM two stage growth model in this instance.Under the two stage growth model, the current price is calculated as follows:.P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [( D0 * (1+g1)^n * (1+g2)) / (r - g2)] / (1+r)^n
Where,
starting growth rate is g1.
The constant growth rate is g2.
The necessary rate of return is r.
Consequently, the stock's current price will be,
P0 = 3.15 * (1+0.29) / (1+0.15) + 3.15 * (1+0.29)^2 / (1+0.15)^2 + 3.15 * (1+0.29)^3 / (1+0.15)^3 + [( 3.15 * (1+0.29)^3 * (1+0.068)) / (0.15 - 0.068)] / (1+0.15)^3
P0 = $69.85196, which was rounded to $69.85.
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When bringing to market a new product like the motorolaone zoom, the actual product launch takes place in the ___________________ stage of the new product development process.
When bringing to market a new product like the motorola one zoom, the actual product launch takes place in the commercialization stage of the new product development process.
What is the first step of the process of creating a new product?Idea Generation (Idea) In this first step or stage of the product development process, often referred to as the 'idea', a new product concept is created. This step is often the result of an idea screening to select the next product effort and becomes more defined as new products are developed.
Creating great products starts with great ideas. Idea generation involves the phases of construction through ideation, concept innovation and process development, the main thing being the transformation of the concept into reality.Behind every product there is an idea to create it. This is a necessary step to show that even if a person can't plan to build a product, it really does. So the first step in creating a new product is A. Idea generation.
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when an organization uses a blog to provide insight and advice, or information that is difficult to find elsewhere, what benefit is the organization providing the audience? group of answer choices success value conversation focus controversy
Tracking mentions and conversations about your brand on social media channels, then analyzing them to find insights, is known as social listening.
What opportunities does a company's usage of social media present?Social networking may help your business acquire customers, get customer feedback, and build customer loyalty. Include international markets in the scope of your market. reduce marketing costs by carrying out market research.
What benefits does social media marketing offer my company?Among other benefits, you'll learn about the following ones: Increasing brand awareness Using social media marketing will make it easier to inform people of the objectives and offerings of your business. The volume of traffic to your website will increase dramatically as a result of using social media and linking to it.
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suppose that karen deposits $500 into her checking account at the bank. the reserve requirement for karen's bank is 12%. assume the bank does not want to hold any excess reserves of new deposits. a. use this information to complete the balance sheet below to show how the bank's assets and liabilities change when karen deposits the $500.
a) It rise by $500.
b) It rises by $60.
c) Funds available for loan rise by $440.
d) Deposit can be withdrawn anytime.
How to calculate Deposit?
The calculation is as follows:
a. Deposit = $500
b. Change in reserve is
= 12% of $500
= $60
c. Change in deposit = $500
Now
Change in loan is
= (100 - 12)% of 500
= $440.
d. The deposit is treated as the loan i.e. provided to the bank as the bank use the money for their transactions.
So it is a liability to the bank also, it can be withdrawal at any time.
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birdy consulting co. has the following accounts in its ledger: cash, accounts receivable, supplies, office equipment, accounts payable, common stock, retained earnings, dividends, fees earned, rent expense, advertising expense, utilities expense, miscellaneous expense. journalize the following selected transactions for january 20y2 in a two-column journal. journal entry explanations may be omitted. if an amount box does not require an entry, leave it blank. date transactions jan. 1. paid rent for the month, $5,500. 4. paid advertising expense, $3,490. 5. paid cash for supplies, $1,500. 6. purchased office equipment on account, $23,000. 12. received cash from customers on account, $7,490. 20. paid creditor on account, $2,200. 27. paid cash for miscellaneous expenses, $950. 30. paid utility (heating) bill for the month, $350. 31. fees earned and billed to customers for the month, $49,900. 31. paid utility (electricity) bill for the month, $600. 31. paid dividends, $3,800.
Birdy consulting co. has the following accounts in its ledger: cash, accounts receivable, supplies, office equipment, accounts payable, common stock, retained earnings, dividends, fees earned, rent expense, advertising expense, utilities expense, and miscellaneous expenses.
We have to journalize the following selected transactions for January 20y2 in a two-column journal.
Journal entries will be as follows:
Particulars Debit (in $) Credit (in $)
1. Rent Expense Account .......dr. $3,000
To Cash Account $3,000
4. Advertisement Expense Account ............dr. $2,500
To Cash Account $2,500
5. Supplies Account ..........dr. $1,800
To Cash Account $1,800
6. Office Equipment Account .......dr. $13,900
To Accounts Payable Account $13,900
12. Cash Account ..........dr. $14,770
To Accounts Receivable Account $14,770
20. Accounts Payable Account ........dr. $1,475
To Cash Account $1,475
27. Miscellaneous Expense Account ........dr. $700
To Cash Account $700
30. Utility (heating) Expense Account ...........dr. $610
To Cash Account $610
31. Cash Account ........dr. $37,300
To Fees Earned Account $37,300
31. Utility (electricity) Expense Account ...........dr. $900
To Cash Account $900
31. Dividends Account ..........dr. $800
To Cash Account $800
Hence, the journal for the given transactions will be as given above.
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Rather than carrying 15 brands of laundry detergent, ________ offer one or two brands and sizes, one of which is a store brand.
Rather than carrying 15 brands of laundry detergent, limited-assortment supermarkets offer one or two brands and sizes, one of which is a store brand.
According to USA Today, smaller grocery stores with fewer options are opening up all over the nation as consumers look for discounts. These small stores, which provide fewer products but more discounts, are opening in place of conventional supermarkets.
Aldi, Grocery Outlet, and Save-A-Lot, for instance, Jim Hertel, managing partner at Willard Bishop, claims that they are "quite aggressively expanding."
People began purchasing food in more diverse areas as prices continued to rise, according to Phil Lempert, the analyst who runs SupermarketGuru.com. "Without a doubt, all three will experience significant growth in the next years." With plans to open 80 to 100 more stores in 2011, Aldi will have more than 1,135. Save-A-Lot currently has more than 1,200 outlets, and by 2016 will double that number.
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wilkinson sword exchanged some of its knives for advertising used to promote its razor blades. this is an example of
Wilkinson sword exchanged some of its knives for advertising used to promote its razor blades. this is an example of barter.
Advertising is a marketing plan involving repaying for the scope to promote merchandise, aid, or cause. The real promotional ideas are named advertisements or ads for short. The aim of the exhibition search outreach to people who seemingly expected willingly to finance an association's output or services and persuade the ruling class to buy.
Advertising helps educate users about by means of what your products or services help bureaucracy and what your brand endures. The barter company delivers the herald's goods and duties by way of channels agreed upon earlier accompanying the customer. Media owners meantime exchange their stock for goods and aids that they need for their ordinary trade operations.
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a cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account, is a
A cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account, is a (A) lockbox.
What is Lockbox?A lockbox is a bank-operated mailing address that a business instructs its clients to use for payment delivery. The bank scans the payments and any remittance information, opens the incoming mail, and deposits the cash received into the business's bank account.The advantages of lockbox services
Quicker processing of payments: A lockbox can be the ideal option for your needs if you want to reduce the amount of time needed for mail, processing, and deposits. Lockbox services are created expressly to shorten the time a check spends in the mail before being deposited into your company's account.Therefore, a cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account, is a (A) lockbox.
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Complete question:
Which of the following is a cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account?
a.Lockbox.
b.Bank transfer.
c.Imprest bank account.
d.Imprest Account.
if you were making a marketing mix decision on place, which would be the three most important external factors you need to consider?
You need to consider the three most important external factors: culture, competition, and legality. A promotion mix may be a combination of promoting ways with advertising, sales, promotion and promoting to attain a particular marketing goal.
The promotional mix is often solely a part of a bigger promoting combine. Improves the effectiveness of promotional campaigns. Promotion may be a crucial part of any business. Therefore corporations develop a promotion combine, golf stroke all efforts to form promotions at the proper place, at the proper time, and to the proper audience.
The promotion mix is the mix of various strategies and tools of communication you employ in presenting your company, product or services to focus on customers.
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which of the following are the two main components of current core compensation? group of answer choices base pay and discretionary benefits base pay and bonuses base pay and legally required benefits bonuses and legally required benefits flag question: question 5
Base pay and variable pay are the two main components of an employee's compensation package
The clear rate of compensation an employee receives in exchange for the services they provide to the employer is known as base pay.
The largest component of a CEO's compensation package is long-term incentives. When CEOs achieve an organization's strategic goals that will maximize shareholder value, these bonus opportunities reward them. Stock, stock options, restricted stock, or other forms of similar compensation are used to pay CEOs.
The IRS defines a key employee as someone who satisfies one of the following criteria: owns more than 5% of the company. has a salary of more than $150,000 per year for the plan year as of 2020 and owns more than one percent of the business.an officer who will earn more than $185,000 in 2020 and 2021.
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the net realizable value of accounts receivable is the amount of receivables a company expects to collect.
a. true
b. false
the costs of environmental clean-ups absorbed by downstream individuals, companies, or municipalities are referred to as
The costs of environmental clean-ups absorbed by downstream individuals, companies, or municipalities are externalities.
Environmental externalities are the uncompensated effects on the environment due to the production and consumption of a product. Environmental externalities can be positive or negative.
A positive externality can benefit the environment such as the elimination of a disease or preventing waste to flow into the river, saving the ecosystem.
A negative externality can have negative effects on the environment. For instance, pollution is damaging the health of the people or depletion of the forest area to create space for factories. It will affect the third party that is not involved in the production and consumption chain.
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marginal utility becomes negative with the consumption of the question 7 options: a) fifth candy bar.
Marginal utility becomes negative by the consumption of the seventh candybar.
Marginal utility is an economic term that measures the customer's benefit in purchasing the services of an organization. The law of diminishing marginal utility describes how the benefits or utilities of products have an opposite effect on the number of contemporaneous units they already own.
The marginal utility of a product can be based on a customer's perception of a brand that influences their decision to remain loyal to it or to view similar products made by different companies because of their level of satisfaction. Next, marketers need to work on developing strategies that keep demand high for products and services even as their marginal utility decreases.
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uppose that in 2018 and 2019, households and firms reduced desired expenditures. during the same period inflation fell and unemployment rose. a. the change in unemployment, but not the change in inflation, is consistent with what a given short-run phillips curve implies. b. neither the change in inflation nor the change in unemployment are consistent with what a given short-run phillips curve implies. c. the change in inflation, but not the change in unemployment, is consistent with what a given short-run phillips curve implies. d. both the change in inflation and the change in unemployment are consistent with what a given short-run phillips curve implies.
Suppose that in 2018 and 2019, households and firms reduced desired expenditures. during the same period inflation fell and unemployment rose then option D) both the change in inflation and the change in unemployment are consistent with what a given short-run phillips curve implies.
A rise in the cost of goods and services throughout an economy is referred to as inflation in the study of economics. As the general price level rises, each unit of currency may buy fewer goods and services, hence inflation is related to a reduction in the purchasing power of money. Inflation is the term used to describe when prices in an economy rise or when the purchasing power of money falls. According to economists, a variety of factors, such as an increase in the money supply, higher wages, and increased aggregate demand, may contribute to inflation. Low and high inflation rates are both capable of contributing to economic deterioration. In certain situations, the Fed will take the opposing course and lower interest rates or buy assets to increase cash flow. When the economy is having trouble and inflation is too low, this is done.
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Jerome is covered by a disability income policy that does not provide benefits for losses occurring as the result of his employment. What kind of coverage is this?
a. limited coverage
b. Worker's Compensation coverage
c. Occupational coverage
d. Nonoccupational coverage
Jerome is covered by a disability income policy that does not provide benefits for losses occurring as a result of his employment. It is D) Nonoccupational Coverage.
A Texas enterprise that opts out of the employees' repayment system, a “non-subscriber,” may be sued for negligence with the aid of an injured worker. Non-subscribers are required to document an annual DWC-5 and DWC-7 file whilst a worker suffers damage resulting in lost time.
But, there are often provisions beneath many long-term incapacity rules that allow for the reduction of your blessings primarily based on your different assets of profits. This deduction is referred to as an offset. One principal offset of lengthy-term disability blessings is Social safety incapacity coverage (SSDI) blessings.
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