Markets are no longer completely free due to government involvement that sometimes directs and sometimes impacts them.
As a result, it has the potential to alter distribution as well as the pricing and quantities of goods and services sold. An economic discussion on the advantages and disadvantages of such intervention has lasted for many years.
These economists' disagreements are most likely the result of contrasting ideologies.
2. Which claim is two randomly selected economists most likely to agree on, despite their differences?
B. An excessively high proportion of elected politicians are lawyers.
Given that it has nothing to do with how the government affects the economy, but rather how the political class is made up, they are likely to agree on this subject. Therefore, there is no ideological contradiction.
To learn more about economists' disagreements here:
https://brainly.com/question/30302552
#SPJ4
steelgrave financing offers payday loans. the firm charges a $10 interest fee for a one-week period on a $250 loan. what are the nominal and effective annual interest rates on this loan?
The nominal interest rate is 104% and the effective annual interest rate is 533.33%.
To calculate the nominal interest rate, we can divide the interest fee by the loan amount and multiply by the number of periods in a year:
= $10 ÷ $250 x 52 periods
= 104%
To calculate the effective annual interest rate, we need to take into account the compounding of the interest over the course of a year. If we assume that the interest fee is compounded weekly, we can use the formula:
Effective annual interest rate = (1 + nominal interest rate ÷ number of periods)^number of periods - 1
Effective annual interest rate = (1 + 104% ÷ 52)^52 - 1
To learn more about nominal interest rates
https://brainly.com/question/13324776
#SPJ4
if you want to anticipate the effects of the upcoming organizational change on your firm’s culture you would .
Understanding the present culture, evaluating the impact of the change, and gathering employee viewpoints will help you foresee how an impending organisational change would affect the firm's culture.
In business, change is inevitable, but that doesn't make it any simpler to manage. Organizational change may cause stress and worry for many employees, which might impair their ability to execute their jobs. Businesses need to foresee the sorts of reactions their workers may have in order to comfort them and assist them concentrate on the success of the firm in order for them to effectively implement significant changes in order to remain competitive. Resistance is one of the most natural responses to change. Employees frequently don't want to attempt new things or take on new responsibilities.
Learn more about anticipate here:
https://brainly.com/question/30133438
#SPJ4
if you want to anticipate the effects of the upcoming organizational change on your firm’s culture you would ______.
what is an example of an abribitrage romi
Example of an abribitrage romi is an investor may purchase a stock in the United States and then sell it in Europe for a higher price.
An arbitrage opportunity, or an arbitrage romi, is a situation in which an investor can purchase an asset at a lower price in one market and sell it at a higher price in another market. This type of investment strategy is used to take advantage of price discrepancies between different markets.
By doing so, the investor can make a profit without taking on any risk. The key to successful arbitrage romi is to identify price discrepancies quickly and act on them before the prices in the two markets become equal.
To learn more about romi refer here
brainly.com/question/1438672#
#SPJ11
Which one of the following involves a working capital management decision? Multiple Choice a)What is the maximum level of cash to be kept in the firm's bank account? b)What is the most efficient process for producing a product? c)How many hours of overtime should manufacturing employees be allowed to work? d)When is the appropriate time to replace the delivery fleet? e)Should a newly available parcel of land be acquired?
The maximum amount of cash to be maintained in the company's bank account is a choice involving working capital management. As a result, option (A) is accurate.
capital management is the practice of professionally managing the assets of different securities, including real estate, bonds, stock holdings, and other assets, in order to achieve certain investment objectives for the benefit of investors. Institutional investors include pension funds, insurance companies, businesses, nonprofit organizations, and educational institutions.
Private investors include individuals who engage either directly through investment contracts or, more frequently, through collective cash investment vehicles like mutual funds, exchange-traded funds, or real estate investment trusts (REITs).
The management of investment funds is frequently referred to as asset management, whereas all institutional investment is sometimes referred to as fund management, a more general phrase.
Learn more about capital management, from :
brainly.com/question/14924732
#SPJ12
Which sequence of events best describes the role of textile manufacturing in initiating industrialization?answer choicesO Demand for cotton cloth grew, cottage industry developed, and machines replaced cottage industry.O India demanded more cotton textiles, inventors created weaving machines, and factories housed those machines.O Demand for cotton grew and the textile industry was consolidated into factories.O The flying shuttle was developed, demand increased for a faster weaving machine, and the spinning jenny was developed.
The best sequence of events that describes the role of textile manufacturing in initiating industrialization is option C: Demand for cotton grew and the textile industry was consolidated into factories.
This was an important factor in industrialization because it allowed for the mass production of textiles in factories, which was far more efficient than manual production in cottage industry. The demand for cotton was driven by a growing population, increased wealth, and the expansion of global trade.
This led to the consolidation of the textile industry into factories, which allowed for the quick production of large amounts of textiles. The increased efficiency of factory production resulted in a decrease in production costs, which in turn made textiles more affordable and accessible to a wider range of people.
This spurred further growth in the textile industry, which went on to be a major factor in the industrial revolution.
To learn more about textile , click here:
https://brainly.com/question/18257576
#SPJ4
Hi Leslie. Do you think we need to order more printer paper? Do you want to meet for lunch today? I'm going to check and then let you know, unless you have time to check yourself? - Audience Oriented
- Purposeful
- Economical
The correct option is C. Economical I'm going to check and then let you know unless you have time to check yourself.
An economy is an area of the manufacturing, distribution, and alternate, as well as intake of products and services. In general, it's far defined as a social area that emphasizes the practices, discourses, and material expressions associated with the manufacturing, use, and management of scarce sources.
A given financial system is hard and fast of tactics that include its lifestyle, values, training, technological evolution, history, social company, political shape, felony structures, and natural resources as the most important elements. these elements supply context, and content material, and set the situations and parameters in which an economic system functions. In different words, the monetary domain is a social area of interrelated human practices and transactions that does not stand by myself.
Monetary marketers can be people, companies, businesses, or governments. monetary transactions arise when agencies or parties comply with the value or price of the transacted appropriate or carrier, usually expressed in a sure foreign money. but, financial transactions simplest account for a small part of the financial area.
To learn more about Economics visit here:
brainly.com/question/28208676
#SPJ4
What is the basic customer need provided by Key West Key Lime Pie (KWKLP)?
a. key lime pie
b. snack, sweet, treat, desert
c. taste of Old Key West
d. best pie award
e. b and c are the basic needs provided by KWKP
The basic customer need provided by Key West Key Lime Pie (KWKLP) is likely a combination of options "b" and "c".
Customers are looking for a snack, sweet, treat, or dessert (b) that offers the taste of Old Key West (c). The key lime pie offered by KWKLP satisfies these needs by providing a delicious and unique flavor that evokes the tropical and historic atmosphere of Key West.
The award-winning aspect (d) may also play a role in customers' perception of the product and their decision to purchase it. Ultimately, the basic customer need provided by KWKLP is a high-quality and enjoyable food experience that reflects the local culture and history of Key West.
To read more about KWKLP , Visit-
https://brainly.com/question/28329427
#SPJ11
The entire group about which the investigator wants to draw conclusions is the?
A population is the entire group about which the investigator wants to draw conclusions, whereas a sample is the subset of the population selected to participate in the study.
In the term of statistic, the population generally can be defined as the whole number of people or inhabitants in a country or region. In the other side, the total of individuals occupying an area or making up a whole also can be used to defined a population. Populations can be defined into several types, such as expansive population, constrictive population and also stationary population.
The question above is incomplete, the complete question is:
A _____ is the entire group about which the investigator wants to draw conclusions, whereas a _____ is the subset of the population selected to participate in the study.
Here you can learn more about population https://brainly.com/question/27991860
#SPJ4
Business Activities Identify each of the following activities as operating (O), investing (I), or financ-
ing (F):
a. Payment of employee salaries
b. Repayment of a loan
c. Issuance of common stock
d. Purchase of equipment to manufacture a company’s products
e. Sale of merchandise inventory
f. Investment of excess cash in the shares of another company
Investing business activities, which are those that are capitalized over a longer period of time, are frequently saved for the second component of the cash flow statement. The purchase of long-term assets is described in this section as a cash outlay. Another source of funding mentioned is the selling of real estate.
Is the payment of salaries to employees considered a business activity?It is correct that paying salaries and wages would be listed as an operating activity on the statement of cash flows. Paying employees and wages, purchasing supplies, inventory, or utility bills are all examples of operating cash outflows.
Learn more about operating activity : https://brainly.com/question/14122060
#SPJ4
hispanic immigrants a. have low employment rates because of their low educational levels. b. are sometimes exploited by employers due to their immigrant status. c. prefer and obtain high wage jobs because they are bilingual. d. are not protected from employment discrimination.
Due to their immigration status, Hispanic immigrants are occasionally taken advantage of by employers. Therefore, the right response is Option B.
What do we mean when we refer to Hispanic Americans?People of Spanish ancestry who reside in the United States are referred to as Hispanic Americans, Latinos, Latinas, and Latinxs at times. Due to the fact that the majority of Hispanics are of Latin American descent, they are occasionally referred to as Latinos. More than one-sixth of the population in the United States is Hispanic, making them the largest ethnic minority.
There are almost 50 million Hispanic Americans spread across all 50 states. Hispanics, on the other hand, typically identify with their families' country or region of origin rather than with a particular group.
To learn more about immigrants visit :-
brainly.com/question/14862130
#SPJ4
At December 31, 2019, Bonita Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,683 shares $10,868,300 Common stock, $5 par. 4,020,360 shares 20,101,800
During 2020, Bonita did not issue any additional common stock. The following also occurred during 2020.
Income from continuing operations before taxes $24,842,300
Discontinued operations (loss before taxes) $3,478,000
Preferred dividends declared $1,086,830
Common dividends declared $1,995,600
Effective tax rate 35%
Compute earnings per share data as it should appear in the 2020 income statement of Bonita Corporation.
Earnings Per Share
Income from Continuing Operations
Discontinued Operations
Net Income /(Loss)
The earnings per share data for 2020 would be Income from Continuing Operations: $3.97, Discontinued Operations: $0.56, and Net Income: $3.23
To calculate earnings per share (EPS) for 2020 for Bonita Corporation, we need to follow these steps:
Calculate net income from continuing operations:
Income from continuing operations before taxes $24,842,300
Less: Taxes ($24,842,300 * 35%) - $8,696,805
Income from continuing operations after taxes $16,145,495
Calculate net income including discontinued operations:
Income from continuing operations after taxes $16,145,495
Discontinued operations (loss before taxes) $3,478,000
Less: Taxes ($3,478,000 * 35%) - $1,214,300
Discontinued operations (loss after taxes) $2,263,700
Net income (loss) $13,881,795
Calculate preferred dividends:
Preferred dividends declared $1,086,830
Subtract preferred dividends from net income to find net income available to common stockholders:
Net income (loss) $13,881,795
Less: Preferred dividends - $1,086,830
Net income available to common stockholders $12,794,965
Calculate EPS:
Net income available to common stockholders $12,794,965
Divided by: Common shares outstanding 4,020,360
EPS $3.17
To learn more about earnings per share
https://brainly.com/question/16562972
#SPJ4
Have a nagging suspicion that your sales team isn't quite fulfilling your expectations?
NO, Have a persistent nagging sense that your sales team isn't performing to your standards.
Does your sales team frequently lose business to rivals?Your sales team needs to be able to differentiate itself from other solution suppliers in a world where consumers are spoiled for choice. Positioning is the key to doing this.
Sales representatives must research the competition, ascertain how they are superior, and communicate this successfully. Because your sales team will turn to nagging or price competition if your differentiator doesn't appeal to your prospects, we assist you to do all of this in our Differentiation Dominance certification course in a way that matters to your customer.
To know more about nagging click here: brainly.com/question/29215461
#SPJ4
Aj worked 48 hours last week. He earns $12. 40 per hour plus overtime, at the usual rate, for hours exceeding 40 hours. What was his gross pay?.
Answer:
Aj's gross pay for the week is $618.40. This is calculated by multiplying 48 hours by $12.40 per hour (for a total of $588.80) and then adding $29.60 for the 8 hours of overtime (calculated at time and a half, or $12.40 x 1.5)
which of the following statements about agriculture in the U.S. is correct? Select one:
a. From the 1950s to today, agricultural output has approximately doubled.
b. Because technological improvements increase the supply of a product for which demand is inelastic, an individual farmer would be better off not adopting the new technology.
c. Increasing the supply of agricultural products typically benefits consumers but harms farmers.
d. Technological improvements typically increase both supply and revenue for individual farmers.
Option (c), The adage about American agriculture is true: Increasing the availability of agricultural products often benefits consumers but hurts producers.
Does increasing agricultural output rank among its key benefits?Better output can result in increased farm income, at least in the short term. An increase in output supply and a probable reduction in farm output prices and revenue arise from the long-term expansion of the number of farms adopting the more productive inputs and methods.
What changes did agriculture bring about in American society?People no longer needed to travel far to get food thanks to farming. Instead, they began to build permanent settlements and cultivate the land or raise cattle there. They built stronger, more resilient homes and walled up their towns to protect themselves.
Learn more about American agriculture: https://brainly.com/question/3348165
#SPJ4
match the concepts to their definition question 4 options: display the path in which a process flows. a task in a business process. used to handle the flow (forking, merging and joining of paths) of a process. anything that happens during the course of a business process.
1. BPMN Flows
2. BPMN Event
3. BPMN Activity
4. BPMN Gateway
What is BPMN Gateway?
A gateway is symbolised by a diamond shape and controls decisions, path merging, and the path connecting. These are the typical BPMN gateway kinds. A type of flow object called a BPMN Gateway is used to direct the sequence of flows in a process based on specific conditions. It acts as a gate and decides whether to permit a certain flow to pass, hence gates may have some control over the types of outgoing flows that pass through them. A type of flow object called a BPMN Gateway is used to direct the sequence of flows in a process based on specific conditions. It acts as a gate and decides whether to permit a certain flow to pass, hence gates may have some control over the types of outgoing flows that pass through them.
To learn more about BPMN Gateway visit;
https://brainly.com/question/30075418
#SPJ4
what is marketing bus103
Marketing Bus103 refers to a business course that focuses on the principles and practices of marketing. The course covers various marketing concepts including market research, product development, pricing, promotion, and distribution. Students learn about consumer behavior, marketing strategies, and the latest marketing techniques used by businesses.
In the course, students are exposed to real-world case studies, research projects, and group discussions. They are also taught how to analyze market data, develop marketing plans, and evaluate the success of marketing efforts. Additionally, they learn how to effectively communicate with customers, create marketing materials, and use digital marketing tools.
Marketing Bus103 is an essential course for anyone pursuing a career in business, as marketing plays a vital role in the success of an organization. It provides students with a solid foundation in marketing concepts and helps them understand how to apply these concepts in real-world business scenarios.
To Read more about Marketing, Visit-
https://brainly.com/question/13414268
#SPJ11
If we ask your most recent manager to describe your best attribute, he or she will say that you excel at...
a. delivering on every commitment.
b. helping others when they struggle.
c. building strong relationships with customers or coworkers.
d. helping out in critical situations.
e. This would be my first professional position.
If we ask your most recent manager to describe your best attribute, he or she will say that you excel at: building strong relationships with customers or coworkers.
Fabricating great work relationships can massively affect the amount you partake in your work.
In the event that you have strong relationships with your group, you'll be excited to go to work. You'll cherish the sensation of proficiency that accompanies extraordinary teamwork.
This is the force of strong professional relationships. Your coworkers probably won't be your closest companions, and they don't need to be. What they are is a gifted gathering of people that can assist you with flourishing at work.
In addition, since the COVID-19 pandemic has had an impact on the manner in which we take care of our responsibilities, fabricating great work relationships is more important than any time in recent memory. With the difficulties we've looked throughout recent years, we as a whole need human association. The workplace is no exception.
to know more about covid-19 pandemic click here:
https://brainly.com/question/28828558
#SPJ4
explain why wal*mart’s rivals have not been able to imitate them, and hence negate their performance advantage.
Walmart's success is largely attributed to their low-cost, aggressive pricing strategy. This strategy has allowed them to beat out their competitors and maintain their position as one of the leading retail companies in the world.
Despite the success of Walmart's pricing strategy, it is not easy for their rivals to imitate. Walmart has access to a wide range of resources that enable them to keep their prices low. These include access to large economies of scale, economies of scope, sophisticated supply chain management, and strong negotiating power with suppliers.
Additionally, Walmart has an established infrastructure that allows them to quickly respond to changes in the market, ensuring their prices remain competitive. All of these factors make it difficult for competitors to replicate Walmart's pricing strategy. Thus, Walmart's rivals have not been able to imitate them, and hence negate their performance advantage.
know more about Walmart's here
https://brainly.com/question/29451792#
#SPJ11
Which THREE questions would help a presenter create an effective presentation that anticipates the audience's needs?
• Will this information be passed on to others?
• Is this presentation for customers, coworkers, or associates?
• What goal am I trying to achieve through this presentation?
• How many people are in the group?
Is the presentation intended to inform or persuade?
The three questions that would help a presenter create an effective presentation that anticipates the audience's needs are:
What goal am I trying to achieve through this presentation?Is this presentation for customers, coworkers, or associates?Is the presentation intended to inform or persuade?By considering these questions, the presenter can tailor the content, tone, and delivery of the presentation to meet the specific needs and expectations of the audience.
Understanding the goal, target audience and purpose of the presentation will allow the presenter to deliver a more relevant, engaging, and impactful presentation that resonates with the audience.
Learn more about the presentation here:
https://brainly.com/question/32390553
#SPJ12
which term refers to the proportion of applicants moving from one stage of the hiring process to the next?
Yield Ratio is the term that refers to the proportion of applicants moving from one stage of the hiring process to the next.
A recruiting indicator called yield ratio shows the proportion of candidates who proceed from one stage of the hiring process to the next. The ratio counts movements from beginning to end as well as between each stage (for instance, from applications to screening calls) (number application to a number of hires). The yield ratio calculation formula is as follows: Number of candidates who advanced past recruitment stage X divided by the total number of applicants at recruitment stage X is known as the yield ratio. Calculating Productivity Ratios To Enhance Business Results is related.
To learn more about Yield click here
brainly.com/question/30175306
#SPJ4
how long after your return is accepted does it get deposited
The time it takes for the refunded deposit to be credited back to your account can vary and depends on several factors, such as the account type, bank and method of return (e.g. electronic, cheque). Typically, electronic refunds can be processed within a few business days, while refunds by check can take several weeks.
Deposit is an amount of money placed into an account at a financial institution, such as a bank. Deposits can be made in various forms, such as cash, checks or electronic transfers, and are usually made for the purpose of earning interest or using the funds at a later time. There are different types of deposit accounts, including savings accounts, checking accounts, and certificates of deposit (CDs). Terms and conditions, such as interest rates, minimum balances and access to funds, may vary between different deposit accounts.
You can learn more about Deposit here brainly.com/question/22697743
#SPJ4
is this business effectively connected with the conduct of trade or business within the united states?
Whether a business is considered to be effectively connected to the conduct of trade or business in the United States is determined by factors such as the type of business activity, location of business, source of income, and presence of permanent establishment in the US.
In general, if a foreign business has a significant level of business activity in the US and generates revenue from US sources, the business can be deemed to be effectively connected and subject to US tax laws. It is advisable to consult a tax professional or seek legal advice to determine whether a particular business is effectively related to the conduct of trade or business in the United States.
You can learn more about business here brainly.com/question/15826604
#SPJ4
Units of product that are only partially complete are contained in ______ _______
holding all else constant, if people eat out more at expensive restaurants when they earn more, then expensive restaurant meals are group of answer choices goods with a congestion-effect. goods with a network-effect. inferior goods. normal goods.
Holding all else constant, if people eat out more at expensive restaurants when they earn more, then expensive restaurant meals are normal goods.
Expensive restaurant meals are considered normal goods because when people earn more, they tend to eat out more at expensive restaurants. Normal goods are goods for which demand increases when consumers' income increases and decreases when consumers' income decreases.
In other words, when people earn more money, they have more disposable income and can afford to spend more on luxury items, such as expensive restaurant meals. This increase in demand results in a higher quantity of expensive restaurant meals being consumed when people earn more, making them normal goods.
The normal goods are different from inferior goods, which are goods for which demand decreases when consumers' income increases and increases when consumers' income decreases. Examples of inferior goods include ramen noodles or generic food brands.
To learn more about goods click here:
https://brainly.com/question/13450639
#SPJ4
The correct question is given as:
Holding all else constant, if people eat out more at expensive restaurants when they earn more, then expensive restaurant meals are:
A) goods with a congestion-effect.
B) goods with a network-effect.
C) inferior goods.
D) normal goods.
proteins that bind to foreign substances and target them for destruction are______
The proteins that bind to the foreign substances and target them for destruction are antibodies.
What is an antibody?An immunoglobulin (Ig), commonly referred to as an antibody (Ab), is a large, Y-shaped protein that the immune system utilizes to recognize and destroy foreign substances like harmful bacteria and viruses. The antigen, or distinctive molecule of the pathogen, is recognized by the antibody. An antibody can either neutralize a microbe or an infected cell directly using this binding mechanism, or it can mark them for attack by other immune system components. The antigen-binding sites at both tips of the antibody are equally diverse, enabling the immune system to recognize millions of distinct antigens. Sites involved in interactions with other immune system elements can be found in the constant region at the antibody's trunk.
To learn more about mechanism, visit:
https://brainly.com/question/29988603
#SPJ4
why and how has the competitive market place for sab changed in the last five to seven years? 2. what advantages might central experience in the proposed new venture?
The competitive market place for SAB has changed drastically in the last five to seven years due to the rapid growth of technology, globalization, and the emergence of new markets.
Technology has enabled companies to reach new markets and customers faster than ever before. Globalization has increased competition between companies as they are now able to access customers from all over the world. Additionally, new markets have opened up, allowing companies to tap into new customer segments.
These changes have had a major impact on the competitive market for SAB. Companies now have to compete on a global scale, and they must be able to provide innovative products and services that meet the demands of their customers.
Central may experience a number of advantages in the proposed new venture. Firstly, Central will be able to tap into new markets and customer segments, allowing them to increase their customer base and revenue.
Secondly, Central will be able to take advantage of the latest technology and trends, allowing them to stay ahead of their competitors. Finally, Central will be able to leverage their existing customer base and relationships to gain a competitive edge in the market.
To learn more about competitive market refer here
brainly.com/question/29407851#
#SPJ11
Margie opened a used bookstore and is both the 100 percent owner and the store's manager weich type of bsiness enty does Margie own ir sne is personally labie for all the siores O Soie proprietorship O Limited partrershp O Corporation O Jont stock company O General partnership
Which form of business entity does Margie own or is she directly responsible for all the sole proprietorships? Margie launched a secondhand bookstore and is both the store's owner and manager.
Whether it's a for-profit company, a governmental agency, or something else entirely, management (or managing) is the process of supervising an organisation. It involves both the art and science of resource management for a business. Creating an organization's strategy and supervising worker (or volunteer) actions are both parts of management. The goal of management is to use the available resources, such as financial, natural, technical, and human resources, to achieve goals. The terms "run the business" and "change the business" are used in management to distinguish between carrying on with the delivery of products or services and tailoring the same products or services to suit changing client expectations. Managers, who are in charge of managing a firm, are sometimes referred to as "management."
Learn more about manager :
https://brainly.com/question/29023210
#SPJ4
siddhi enters into a contract offering variable consideration. the contract pays siddhi $2,000/month for six months of continuous consulting services. in addition, there is a 60% chance the contract will pay an additional $4,000 and a 40% chance the contract will pay an additional $6,000, depending on the outcome of the consulting contract. siddhi concludes that this contract qualifies for revenue recognition over time. assume siddhi estimates variable consideration as the most likely amount. what is the amount of revenue siddhi would recognize for the first month of the contract?
Siddhi will recognize a revenue of $2800 in the first month of the contract.
The steps for the same are as follows:
Siddhi will receive a fixed revenue of $2000 for a contract 6 months, which sums up to $12000,
And the expected outcome based on probability is
60% additional $4000, which makes it $2400
40% additional $6000, which makes it $2400
Total is $4800 + $12000 = $16800
Hence, amount recognized for a single month = $16800/6 = $2800
To learn more about contract, click here: https://brainly.com/question/13417255
#SPJ4
which statements below are true regarding permanent and temporary accounts? (check all that apply.) multiple select question. permanent accounts are reported on the balance sheet. temporary accounts have a balance for one period only.
The statements below are true regarding permanent and temporary accounts are as follows:
Options_ A: Permanent accounts are reported on the balance sheet.
B) Permanent accounts will be appeared on a post-closing trial balance.
C) Temporary accounts have a balance for only the one period.
D) Owner, capital is a permanent account, but the owner, withdrawals is a temporary account.
F) Most temporary accounts are reported on income statement.
A temporary account is an account that has no balance at the beginning of each fiscal year.
His ending balance is transferred to another account at the end of the fiscal year so that it can be used for new transactions in the following year.
Transactions that affect the company's annual profit or loss are recorded using temporary accounts.
As the fiscal year progresses, the balance of these accounts should increase. they almost never fall. The income statement is created using the suspense account balances.
Learn more about permanent and temporary accounts here:
https://brainly.com/question/28274768
#SPJ4
Which statements below are true regarding permanent and temporary accounts? (Check all that apply).
A) Permanent accounts are reported on the balance sheet.
B) Permanent accounts will appear on a post-closing trial balance.
C) Temporary accounts have a balance for only one period only.
D) Owner, capital is a permanent account, but owner, withdrawals is a temporary account.
E) Temporary accounts will appear on a post-closing trial balance.
F) Most temporary accounts are reported on the income statement.
congratulations! you have just successfully completed a project. the final iteration was wrapped up a few days ago and the release manager has moved the release into production. users have reported no bugs and there are no user stories left that will help deliver business value. the project owner has indicated that there is a small budget left over for a release party. you are ready to close the project, what tool is best for facilitating this? answers a. a pizza party b. a project retrospective meeting c. final signoff of the project charter d. lessons learned documentation
The correct answer is (b). a project retrospective meeting.
A project retrospective meeting is an opportunity for the project team to reflect on the project, identify areas for improvement, and celebrate successes. This is a key step in closing out a project, as it helps to ensure that lessons are learned and that future projects can benefit from the experience.
The meeting should be inclusive, and all members of the project team should be encouraged to participate and share their perspectives. The meeting can be informal, such as a pizza party, but its main focus should be on the review and reflection of the project's process and outcome.
To learn more about project retrospective, visit here
https://brainly.com/question/29666150
#SPJ4