1. Schedule of cost of goods manufactured:
Direct materials used: 50,000
Direct labor: 34,900
Overhead: 56,500
Total manufacturing costs: 141,400
Add: Beginning work in process inventory: 17,600
Less: Ending work in process inventory: 14,600
Cost of goods manufactured: 144,400
2. Cost of goods sold for the year:
Cost of goods manufactured: 144,400
Add: Beginning finished goods inventory: 19,600
Less: Ending finished goods inventory: 20,800
Cost of goods sold: 143,200
What is preparing a schedule for the cost of goods manufactured?
A schedule of cost of goods manufactured is a report showing the costs involved in producing goods sold in a given period. It details direct materials, direct labor, and overhead costs to determine cost of goods sold and profitability.
Hence, the answer is Cost of goods manufactured: 144,400 and Cost of goods sold: 143,200.
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The rate at which someone can exchange currency of one country for currency in another country is known as the _____________.A)Nominal exchange rateB)Real exchange rateC)False exchange rateD)exchange rate
The rate at which someone can exchange currency of one country for currency in another country is known as the option D) exchange rate.
Goods and facilities can be exchanged using money. Currency is defined as a unit of account that is provided by a government and is acknowledged at face value. When bartering, products and facilities were simply exchanged for one another.
A currency's relative importance stated in a different currency or collection of currencies is called an exchange rate. The rate upon which a currency is traded for another one is known as the exchange rate. The majority of exchange rates are characterised as drifting and fluctuate in response to market supply and demand.
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which of the following employee behaviors are associated with effective management? a. working only on job-description tasks b. qualifying for a year-end bonus c. not asking for raises d. identification with the company
The employee behavior associated with effective management is D: "identification with the company."
Identification with the company refers to an employee's sense of belonging and commitment to their organization, which can lead to increased job satisfaction and motivation. When employees identify with their company, they tend to take ownership of their work and strive to contribute to the company's success.
Working only on job-description tasks, qualifying for a year-end bonus, and not asking for raises may not necessarily be indicators of effective management. It's important for managers to not only perform their job duties but also to continuously improve and contribute to the company's success in meaningful ways.
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Which of these data are not used to populate CRM and DBM platforms within sport organizations?a. organizational mission and value statementsb. customer complaints and concernsc. purchase historyd. customer demographic information
A) Organizational mission and value statements are not typically used to populate CRM and DBM platforms within sports organizations(A).
CRM (customer relationship management) and DBM (database marketing) platforms are used by sports organizations to store, manage and analyze customer data in order to improve customer service, increase customer loyalty and drive sales.
The types of data typically used to populate these platforms include customer demographic information, purchase history, customer feedback, web analytics and other relevant data. The mission and value statements of the organization are not typically used to populate these platforms as they are not directly related to the customer.
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you have been working on implementing a new database system into a content management system for an advertising firm. the project has a budget of $5 million and a 10 month schedule. the content manager of the company abruptly left the organization and a new content manager has been hired from a competing firm. the new content manager comes from an organization that had publicly run into issues with the implementing a similar solution the year prior. how can you best evaluate the impact that the personnel change may have on the project? answers a. ask the change review board to review the change in personnel b. continue on with the project as if nothing is changing c. place the project on hold until the new content manager is onboard d. meet with the project sponsor to discuss potential impact to the project
To discuss potential effects on the project, meet with the project sponsor.
It is best to meet with the project sponsor to go over the potential effects of any major project changes or potential risks. The project sponsor serves as the organization's product champion and will make every effort to keep the project on track. Changes in important stakeholders frequently result in scope adjustments or even project cancellation. The project should still be supported by the project sponsor.
What is a project sponsor?
A project sponsor is a person or organisation that controls the project and provides the necessary funding, resources, and support to make the project, programme, or portfolio successful. Each project has a minimum of one sponsor. They are the project's driving force. They are above the project manager in the project hierarchy even though they don't oversee the day-to-day activities of a project. The sponsor of the project has probably been associated with it from the start. They were the ones who contributed to its conception and fought for it.
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when can the insuere get the answers to unanswered questions
It waived one of its legal rights, which is the right response. An insurer has given up one of its legal rights if it accepts an application with open-ended questions and includes it in the life contract.
The claims the insured makes on the insurance application are referred to as representations. Many of these statements are replies to inquiries about the applicant's insuranceability rights and appropriate fee structure. Your insurance provider may want a statement if you reported the collision so that it can identify who was at fault for the collision. The magnitude of your damages and injuries may also be a concern for the insurance company.
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Country A experienced a growth rate of real GDP per person of 2.5 percent per year throughout the 1900's. In view of other countries' experiences during this time country A's growth was a. moderately low. b. exceptionally low. C. exceptionally high.d. moderately high.
D) A's growth is Moderately high in view of other country.
In the 1900s, a growth rate of 2.5 percent per year in real GDP per person was considered to be a moderately high rate of growth. During this time, many countries were experiencing significant economic growth and development, with some countries seeing much higher rates of growth than 2.5 percent per year.
However, 2.5 percent is still a positive rate of growth and indicates that the economy is expanding and the standard of living is increasing.
It's important to note that the global economic conditions, technological advancements, and government policies all play a role in determining a country's growth rate, and what is considered high or low growth can vary depending on these factors.
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which of the following is an example of raw data from an automobile manufacturer? group of answer choices an average of 120 subarus sold daily in new york in 2016 1,200 subaru outbacks sold during the first quarter 2016 in new york one subaru outback sold july 27, 2016 in mohegan lake, new york for $24,000 annual sales of subaru outbacks increased 5.3 percent an average sale price of $25,500 for all subaru outbacks sold during july 2016 in mohegan lake, new york
Option 2 is Correct. One Subaru Outback was sold for $25,000 on January 7, 2017, in Mount Kisco, New York.
Every organization has an information value chain where raw data is methodically collected, manipulated, and put through additional processes to create value. As a result, the term "data processing" refers to the act of turning raw data into information.
In most cases, the term "raw data" refers to data tables with each row containing an observation and each column denoting a variable that characterizes a characteristic of each observation. This type of data is also known as flat data, primary data, atomic data, clean data, and unit record data. Raw data is a term that is sometimes used to describe unprocessed data.
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Correct Question:
Which of the following is an example of raw data from an automobile manufacturer? group of answer choices
1. an average of 120 subarus sold daily in new york in 2016 1,200
2. subaru outbacks sold during the first quarter 2016 in new york one subaru outback sold july 27, 2016 in mohegan lake,
3. new york for $24,000 annual sales of subaru outbacks increased 5.3 percent
4. an average sale price of $25,500 for all subaru outbacks sold during july 2016 in mohegan lake, new york.
the federal government can raise money from financial markets to finance its deficits by ___.
To pay for its deficits, the federal government can issue Treasury bills to raise money from the financial markets.
A deficit is often funded by borrowing from the nation's central bank or by raising funds on the capital markets by issuing various securities like treasury bills and bonds.
Fiscal deficit is the word used to describe the gap between the government's total revenue and total outlays. It serves as a gauge for the total amount of borrowings the government will require. Borrowings are not taken into account when determining the total revenue.
The excess of total expenditures, including loans net of recovery, over revenue revenues (including outside grants) and non-debt capital receipts is known as the gross fiscal deficit (GFD). The gross fiscal deficit is subtracted from the central government's net loan to arrive at the net fiscal deficit.
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when plotting a demand curve, group of answer choices quantity demanded is on the vertical axis. price is on the horizontal axis. quantity supplied is on the vertical axis. quantity demanded is on the horizontal axis.
When plotting a demand curve, quantity demanded is on the horizontal axis. While the prices are plotted in the vertical axis.
In economics and business, demand generally can be defined as the quantity of a good that consumers are willing and able to purchase at various prices during a given time. The demand curve also can be defined as The relationship between price and quantity demand. The demand of product can be classified into several types, such as elastic demand, inelastic demand, or unitary demand. Demand and the quantity is different, Demand refers to the willingness of consumers to buy different amounts of products or services at different price.
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which of the following is most important to you as a current or future homeowner:
The most crucial factor to take into account as an existing or prospective homeowner is the overall financial condition. This entails taking into account the purchase price, the down payment, the monthly instalments, and the loan interest rate.
Financial position, which is defined as a company's leverage, solvency, and cash standing and ultimately determines whether or not the organisation can survive, is a crucial element in both large and small businesses. Assets, liabilities, and owner equity make up the most fundamental part of accounting's financial condition summary. The core of each business's financial status can be summed up by these three elements. Because of how crucial this is, a statement of financial status has emerged as one of the most crucial reports in a company.Companies have a lot to weigh when it comes to assets. They have to keep the right number of money, supplies, and other things on hand. In the broadest sense, a company's resources are its assets.
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what is the correct order in which the limitations on potential losses must be applied for 2021?
The order of the misfortune limit rules is tax premise is resolved first, then, at that point, the in danger not set in stone, and afterward the uninvolved misfortune limits are determined. The taxpayer can't break this order of applying the principles.
Taxpayers continually feel qualified for deduct misfortunes from their businesses and ventures. In any case, taxpayers should know about the numerous misfortune rules given by the Internal Revenue Code that limit the capacity to deduct these misfortunes from their trade or businesses.
Taxpayers need to take their misfortunes through four different misfortune limitations before one can guarantee the derivation:
1) Premise limitations
2) in danger limitations
3) Casual exercise misfortune limitations
4) The new limit on overabundance business misfortunes of non-corporate taxpayers sanctioned in the Tax Cuts and
Occupations Demonstration of 2017
Taxpayers need to go through the four sorts of constraint obstacles before having the option to deduct their misfortunes: premise limitations, in danger limitations, detached misfortune rules, and the new overabundance business misfortune limitations. Toward the day's end, these misfortune ordering decides are not generally that straightforward in light of the fact that they can cause gigantic cerebral pains for clueless taxpayers when pay acknowledgment results. Legitimate tax arranging and a nearby monitor of tax premise are a portion of the critical routes in effectively moving past the Code's four obstacles.
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Which of the following best describes a brand?
a. How a company markets its primary asset, like a product or service
b. How a company communicates its values and culture
c. How a company is perceived by the public
d. How much customers are willing to pay for a company's products
*The right answer is C. How a corporation is perceived by using the public. A brand is all about how a business enterprise is perceived with the aid of the public.
What Is a Brand?The term company refers to a commercial enterprise and advertising thinking that helps humans pick out a particular company, product, or individual.
Brands are intangible, which potential you can not surely contact or see them. As such, they assist shape people's perceptions of companies, their products, or individuals.
Is a brand described as an asset?Definition: Brand assets
They are what sets a commercial enterprise apart and offers it persona and personality. Brand belongings assist entrepreneurs to make an emotional connection with their customers and leads. Brand property are usually visual e.g., logos—and precise manufacturer colors—typefaces, packaging, images, and illustrations.
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What is the most common real estate contract?
The residential sales contract is a comprehensive document that outlines the important details of a real estate transaction. In addition to specifying the purchase price, closing date, and financing terms, the contract also includes several other important clauses and provisions.
One important clause in the residential sales contract is the inspection clause. This clause typically gives the buyer a certain period, usually 10-15 days, to have the property inspected by a professional inspector. The buyer can then request repairs or renegotiate the purchase price based on the inspection results. This clause protects the buyer by allowing them to identify any potential problems with the property before the sale is final.
Another important clause in the residential sales contract is the financing clause. This clause specifies the terms of the buyer's financing, including the type of loan and the interest rate. The financing clause also includes a contingency, which gives the buyer the right to back out of the contract if they are unable to secure financing. This protects the buyer by allowing them to cancel the transaction if they are unable to secure financing.
The residential sales contract also includes a title clause, which outlines the rights and responsibilities of the buyer and seller regarding the title of the property. The title clause specifies who is responsible for resolving any title issues, such as liens or encumbrances, and who is responsible for obtaining title insurance.
Finally, the residential sales contract includes a closing clause, which outlines the terms and conditions of the closing. This clause specifies the date and time of the closing, as well as who will be responsible for paying closing costs, such as title insurance, appraisal fees, and property taxes.
In conclusion, the residential sales contract is an important document that plays a critical role in any real estate transaction. It is essential for both the buyer and the seller to understand all the terms and conditions outlined in the contract and to work with a knowledgeable real estate professional to ensure that the contract accurately reflects the terms and conditions of the transaction. By carefully reviewing and negotiating the residential sales contract, both the buyer and the seller can protect their rights and interests and ensure a successful real estate transaction.
The most common real estate contract is the Purchase Agreement.
What is common real estate contract?A purchase agreement is a legal document that binds a buyer and a seller when real estate is being transferred. The purchase price, the terms of the financing, any stipulations, and the closing date are all described in detail. It also describes the conditions of the transaction. The Purchase Agreement lays forth the objectives and duties of both parties in a legally enforceable contract.
The following crucial elements are included in a standard purchase agreement, among others:
The size, address, and any other relevant details are all specified in the agreement.Purchase Cost The contract specifies the price that the buyer agrees to pay for the property.Terms of financing: The contract will specify the buyer's preferred method of financing, such as a mortgage or cash payment.Contingencies: These are prerequisites that must be satisfied for the sale to go through. The buyer receiving finance, a positive house inspection, and the sale of the buyer's existing property are examples of common contingencies.Closing date: The day the deal is officially completed and the buyer receives ownership of the property from the seller.Warranty and representations: The seller typically provides representations regarding the state of the property, and the contract may also contain warranties to shield the buyer from any hidden issues.To know more about common real estate contract visit:
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The economist who stressed the importance of innovation in the process of economic growth is
a) Joseph Schumpeter.
b) Karl Marx.
c) Thomas Malthus.
d) David Ricardo.
e) Adam Smith.
The economist who stressed the importance of innovation in the process of economic growth is Joseph Schumpeter. So, The correct answer is option A.
Schumpeter was an Austrian-American economist who is best known for his work on the role of innovation in economic development.
In his landmark book "Capitalism, Socialism, and Democracy," Schumpeter argued that innovation was the driving force behind economic growth. He believed that entrepreneurs and businesses were the key agents of change, and that their pursuit of profit through innovation was what generated economic growth and prosperity.
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How will one-year zero-coupon bond prices change if both the one-year and four-year interest rates increase by 1%?Select one:A. One-year zero-coupon bond prices will decrease by the same amount as four-year zero-coupon bond prices.B. One-year zero-coupon bond prices will decrease by more than four-year zero-coupon bond prices.C. It depends on whether there are other changes to the yield curve.D. One-year zero-coupon bond prices will decrease by less than four-year zero-coupon bond prices.
The correct answer is option D, One-year zero-coupon bond prices will decrease by less than four-year zero-coupon bond prices if both the one-year and four-year interest rates increase by 1%.
A zero-coupon bond is a type of bond that doesn't pay regular interest, but instead is issued at a discount and matures at its face value.
The price of a zero-coupon bond is directly related to interest rates, as a rise in interest rates reduces the price of the bond and a decrease in interest rates increases the price of the bond.
When both the one-year and four-year interest rates increase by 1%, the price of both one-year and four-year zero-coupon bonds will decrease.
However, the magnitude of the decrease in the price of the one-year zero-coupon bond will be less than the decrease in the price of the four-year zero-coupon bond.
This is because as the bond maturity increases, its sensitivity to changes in interest rates also increases. In other words, the price of a long-term zero-coupon bond is more volatile to changes in interest rates compared to a short-term zero-coupon bond.
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what is the difference between income statements: unclassified vs. classified?
Unclassified income statements show all income and expenses as a single line item, while classified income statements provide more detailed information, breaking down the income and expenses into separate categories.
For example, an unclassified income statement may show total income and total expenses, while a classified income statement may include separate line items for sales, cost of goods sold, administrative costs, and other expenses. A classified income statement provides more insight into the financial performance of a business, allowing users to understand the sources and uses of the income and expenses.
Additionally, a classified income statement can be used to make more accurate forecasts of future income and expenses, as well as to identify any potential areas for improvement.
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can you reject your null hypothesis that both female and bachelor can be deleted from the regression?
Yes, you can reject the null hypothesis that both female and bachelor can be deleted from the regression.
In regression analysis, the null hypothesis is often a statement that there is no relationship between the independent variables and the dependent variable. The purpose of regression analysis is to test this hypothesis and see if there is evidence to reject it.
Rejecting the null hypothesis means that there is evidence to support the idea that there is a relationship between the independent variables and the dependent variable. This can be determined by calculating a p-value, which is a measure of the strength of evidence against the null hypothesis.
In the case of removing female and bachelor from the regression, if the p-value is less than 0.05, it means that there is evidence to suggest that removing these variables will significantly affect the overall fit of the model and the results of the regression analysis.
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When best buy provides a loyal customer with a relevant coupon on their mobile phone, based on previous purchases, while the customer is in the store, this is an example of which element of the 4e framework?
A good example of the relevance and enticing the customer is when Best Buy gives a devoted customer a pertinent coupon based on prior purchases while the customer is in the store using his or her mobile device.
Who is an exciting and relevant customer?
Customers who are pleased with the company's or organization's product and are prepared to provide positive feedback about it are said to be relevant and exciting customers.
As a result, this example of relevance and customer excitement applies to the customer who is currently in the store.
The customer relevancy model analyses touchpoints and compares the business to its rivals on five main criteria. According to research, consumers really only value these five attributes—access, price, product, service, and experience—and the model reflects that.
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According to Lewis, the Oakland A’s seem to have discovered an opportunity in the market for baseball players. Why did this opportunity exist? Why had no other teams learned about it? How could apparently false beliefs about the value of players persist? (the question is from the book moneyball)
The Oakland A's discovered that there was an opportunity in the market for baseball players because they were undervalued by other teams. This was due to false beliefs that had persisted in the baseball industry.
Teams believed that the value of players was based on their traditional stats such as batting average and home runs, when in fact the players’ value was based on their ability to get on base, something that traditional stats did not measure.
This false belief of the value of players had persisted for so long because teams had become comfortable with relying on traditional stats and had become complacent in their evaluation of players. The Oakland A's were able to exploit this opportunity by analyzing players based on new metrics that measured their ability to get on base and by finding players who had been overlooked by other teams.
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a manager in charge of new product development can hire engineers and market researchers. the annual salary of an engineer is $40,000 while a market researcher receives $20,000. the marginal contribution of engineers and market researchers are: engineers (e) market researchers (r) worker additional new products worker additional new products 1st 240 1st 80 2nd 200 2nd 70 3rd 160 3rd 60 4th 100 4th 50 5th 40 5th 40 based on the above information, how should a manager with an annual budget of $140,000, allocate this budget in order to maximize the number of new products developed? hire one engineer and five market researchers hire two engineers and three market researchers hire three engineers and one market researcher hire four engineers and four market researchers
By employing a manager with a $140,000 annual budget, three engineers, and two market researchers, and allocating this money to the development of as many new items as possible.
What is an annual budget?
Annual budgets may be used for the fiscal year or the calendar year.
These budgets assist their authors in making the required modifications to reach their financial objectives as they plan for the future year. Individuals that use annual budgets are able to better manage their finances. Annual budgets are essential and frequently required for planning purposes for businesses, governments, and other organisations. They help determine the sources of income and necessary expenses, as well as the assets, liabilities, and equity needed to support operations for a year and the cash flows used for discretionary spending, reinvestment, or debt management.
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We could not e-file your return for the following reason: Tax Year 2022 transmissions are not available.
The following error may appear when sending your return if you are using TurboTax Online and decided to pay your TurboTax fees with your federal refund.
This can happen if Pay With My Refund was accidentally added twice to your shopping cart or if your account is currently on a billing hold. The conditions for Senior Citizens to be exempt from submitting income tax returns are set forth in Section 194P of the Income Tax Act of 1961. specifications for exemption Age 75 or older is required to qualify as a senior citizen.
For instance, you are exempt from filing taxes in 2022 if all of the following apply to you: less than 65. Single. not required to file due to any peculiar circumstances (like self-employment income).
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How many credit do I need to graduate high school in Oklahoma?
Students need 23 credits to graduate high school in Oklahoma.
Students must successfully earn a minimum of 23 credits to graduate and take the state provided ACT and CSTP test in US History and Science. The course credits required to graduate include 4 credits in language arts, 3 credits in Mathematics, 3 credits in lab science, 3 credits in social studies, 1 credit in other additional form, 0.5 credits in personal financial literacy, 2 credits in technology, 1 credit in art of speech and 5.5 extra credits of electives. For the core curriculum, students must achieve four English credits, including grammar and composition as one of them with remaining three from various literature and language arts options.
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in many organizations, the changing nature of work has ________.
In many organizations, the changing nature of work has been more team-based and collaborative.
A organizational transformation is the modification of an organization's work environment. It entails a new equilibrium between many organizational components such as technology, structure, layout, job design, and people.
Work structure, content, and method have all evolved in today's environment. Work has begun:
cognitively more difficult team-based and collaborativeMore reliant on social skills; more reliant on technology proficiency; more time pressured; more mobile; and less reliant on geography.Learn more about nature of work here:
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what will a healthcare facility compliance plan not do? a. provide a means to report erroneous or fraudulent conduct. b. send a signal to employees that compliance is a priority. c. show that the facility is making a good faith effort to submit claims appropriately. d. prevent medicare audits.
Regulatory compliance in Healthcare is about a clinical association's adherence to laws, guidelines, regulations, and specs relevant to its business processes. Infringement of regulatory compliance in many instances brings about felony punishment including federal fines.
What are the kinds of compliance in healthcare?Healthcare compliance covers severa areas including, but no longer restricted to, patient care, billing, reimbursement, managed care contracting, OSHA, Joint Commission on Accreditation of Healthcare Organizations, and HIPAA privacy and safety to identify a few. Healthcare compliance is not a new concept.
Healthcare compliance refers to following all the rules, regulations, and legal guidelines of the healthcare system. Healthcare compliance normally includes three principal areas: patient safety, patient privacy, and billing of services.
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https://brainly.com/question/8424523#SPJ4what is the price elasticity of supply at $4?
The amount supplied has grown by 4% as a result of a 1% increase in the price of goods, according to a price elasticity of supply value of 4.
A moderately elastic supply—one with a price elasticity supply greater than one—occurs when the change in quantity supplied exceeds the change in price. An example might be a product that is simple to produce and sell, like a fidget spinner.
The degree to which quantity supplied is responsive to a change in the commodity's own price is referred to as supply elasticity. It can also be calculated by dividing the percentage change in price by the percentage change in amount supplied.
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the blank______ is a private, nonprofit organization for domestic disputes that disputing parties can use if their contract does not specify how to select an arbitrator.
Whereas if parties' agreement somehow doesn't indicate methods to choose an arbitration, the contesting stakeholders may opt for the privately, nonprofit American Arbitration Association.
With arbitration, problems are brought before a private, non-governmental party who is chosen in accordance with the rules set forth in the law or the parties' accords seeking resolution.
binding arbitration clause A statement in a collective bargaining agreement that stipulates that any conflicts relating to it should be resolved through arbitration.
negotiation that solves issues The pursuit of a mutually beneficial outcome during negotiations.
submit understanding A legal agreement that specifies arbitration as the preferred method of resolving a particular problem . A judge's ruling reached after a brief trial which is not binding.
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sara files a suit in a state court against tech innovations inc. the parties are allowed to file litigation-related documents with the court online for their state. this is considered:
The parties are permitted to submit court-related paperwork online to the court for their state when Sara sues tech innovations inc. in a state court. An electronic court filing system is what this is.
What are documents pertaining to litigation?a system that is independent of courts or other organizations for the management and exchange of litigation-related documents Users can upload litigation-related materials for online case folders so that they can share documents with other parties to a dispute or other users.
What types of court documents are there?The materials submitted in connection with a court case are referred to as court documents. Dockets, pleadings, motions, memoranda, briefs, orders, and expert evidence are a few examples of court papers. Not all cases will contain all of these illustrations.
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the measurement phase of the RMS, must one be able to calculate with precision the probability of an event and its consequences before its risk can be managed? Why or why not?
Compare and contrast "prevention" with "mitigation."
List each of the three risk assessment questions and describe the form of their answers (i.e., what would the answer look like).
The three risk assessment questions are: What is the probability of an event occurring? What are the potential consequences of the event? What can be done to reduce the probability or consequences of the event?
The answers to these questions will vary depending on the situation, but generally the answers will include an estimate of the probability of the event occurring, an assessment of the potential consequences, and a list of strategies to reduce the probability or consequences of the event.
The measurement phase of the Risk Management System (RMS) is an important step in the process of managing risk. It involves assessing the probability of an event occurring and the potential consequences of that event.
While it is important to have an understanding of the probability of an event and its potential consequences, it is not necessary to be able to calculate the probability with precision in order to manage risk.
Prevention and mitigation are two strategies used to manage risk. Prevention involves taking steps to reduce the likelihood of an event occurring, such as implementing safety protocols or conducting regular maintenance.
Mitigation involves taking steps to reduce the impact of an event, such as having a backup plan or having insurance in place.
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In early January 2019, Ayayai Corporation applied for a trade name, incurring legal costs of $16,000. In January 2020, Ayayai incurred $7,200 of legal fees in a successful defense of its trade name. Compute 2019 amortization, 12/31/19 book value, 2020 amortization, and 12/31/20 book value if the company amortizes the trade name over 10 years. 2019 amortization $ 12/31/19 book value $ 2020 amortization $ 12/31/20 book value $ Compute the 2020 amortization and the 12/31/20 book value, assuming that at the beginning of 2020, Ayayai determines that the trade name will provide no future benefits beyond December 31, 2023. 2020 amortization $ 12/31/20 book value $ Ignoring the response for part (b), compute the 2021 amortization and the 12/31/21 book value, assuming that at the beginning of 2021, based on new market research, Ayayai determines that the fair value of the trade name is $14,400. Estimated total future cash flows from the trade name is $15,400 on January 3, 2021.
On January 3, 2021, there will be a total of $12,000 in future cash flows from the trade name. By accounting for inflation and returns, it contrasts the present worth of money today with the present value of money in the future.
The 2019 amortisation would be $16,000/10 = $1,600 if the trade name were to be depreciated over a period of ten years. The book value as of 12/31/19 would be $14,400 ($16,00 Minus $1,600). The book value as of December 31, 2020 would be $14,400 minus $1,600, or $12,800. The 2020 amortisation would be $1,600.
The 2020 amortisation would be $12,800/3 = $4,266.67, and the 12/31/20 book value would be $12,800 - $4,266.67 = $8,533.33 if Ayayi finds that the trade name would not give any additional advantages after December 31, 2023.
The amortisation for 2021 would be ($12,800 - $14,400)/(10-1) = -$800, and the book value for December 31, 2021 would be ($12,800 - $800) = $12,000. This is assuming that Ayayai deems the trade name's future cash flows to be $14,400 on January 3, 2021.
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Which of the following correctly identifies the five core customer and marketplace concepts?
a. needs, wants, and demands; market offerings; value; satisfaction; and markets
b. needs, wants, and demands; market offerings, value and satisfaction; exchanges and relationships; and markets
c. needs, wants, demands, market offerings, and markets
d. needs, wants, and demands; products; value; customers; and competitors
e. needs, wants, and demands; market offerings; value and satisfaction; competitors; and profits
The five core customer and marketplace concepts are b. needs, wants, and demands; market offerings, value and satisfaction; exchanges and relationships; and markets.
What is marketplace concept?
A marketplace is an online shopping centre where you may find any goods, whenever you need it, from anywhere, and where products from many brands are sold. Marketplaces operate in an easy, efficient, and cost-efficient way. The intention is to make purchasing and selling simple for both buyers and sellers. Online marketplaces are used by businesses to connect with consumers who wish to buy their goods and services. Online marketplaces like Amazon, eBay, and Craigslist are examples.
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