Positive economics is concerned with ______, whereas normative economics deals with ______. What is, what should be.

Answers

Answer 1

Positive economics is concerned with "what is"; while normative economics deals with "what should be".

Positive economics is objective and mainly deals with the analysis and explanation of economic phenomena; normative economics, on the other hand, is subjective and involves making value judgments and recommendations about economic issues. For example, positive economics would study the relationship between inflation and unemployment, while normative economics would make recommendations on the appropriate trade-off between the two.

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Related Questions

Osborn Manufacturing uses a predetermined overhead rate of $18.40 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $224,480 of total manufacturing overhead for an estimated activity level of 12,200 direct labor-hours.
The company actually incurred $219,000 of manufacturing overhead and 11,700 direct labor-hours during the period.

Answers

To calculate the over- or under-applied overhead for Osborn Manufacturing, we need to compare the actual overhead costs incurred to the overhead costs that were applied to the goods produced during the period.

First, we'll calculate the overhead that was applied to the goods using the predetermined overhead rate:

$18.40 per direct labor-hour * 11,700 direct labor-hours = $218,548

Next, we'll compare the actual overhead costs incurred to the overhead costs that were applied:

$219,000 actual overhead costs - $218,548 applied overhead costs = $452 under-applied overhead

Since the actual overhead costs incurred were less than the overhead costs that were applied, there is an under-applied overhead of $452. This means that Osborn Manufacturing incurred less overhead costs than it had planned for the period, and the overhead rate used may have been too high.

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The criteria used to assess the purpose of an informative address is how well:  A. the anecdotes help connect with the audience.  B. it meets the goals of the assignment.  C. the presenter's voice is projected.  D. its structure fits the topic.

Answers

How effectively the anecdotes foster audience connection is the criterion utilised to evaluate the informative address's goal.

What is anecdotes?

Anecdotes are "stories with a point," like to transmit an abstract idea about a person, place, or object through the concrete details of a brief narrative or to define by highlighting a particular quirk or quality. A coworker has just told an anecdote, for instance, if a group of coworkers is discussing pets and one of them relates a tale about how her cat only enters the downstairs area at a specific hour of the night. A personal, brief narrative describing a true incident or experience is known as an anecdote. Anecdotes are frequently employed in persuasive writing to humanise a subject and lend credence to the author's argument. Anecdotes frequently shed light on the impact a problem has had on a person's life.

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based on this excerpt, which of the following reasons best supports why hoover didn't do more to relieve the economic crisis

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There are several reasons why President Herbert Hoover did not do more to relieve the economic crisis , including.

Ideology: Hoover was a firm believer in the principles of laissez-faire capitalism and felt that the government should not intervene in the economy. Budget constraints: The country was facing significant budget constraints, and Hoover was hesitant to increase government spending or run a deficit, as he believed this would be fiscally irresponsible. Political considerations: Hoover was facing significant political pressure from various interest groups, including business leaders and conservative politicians, who opposed government intervention in the economy .Lack of understanding: Despite the severity of the crisis, Hoover may not have fully understood the extent of the problem or the measures that were needed to address it .Overall, it can be argued that a combination of these factors contributed to Hoover's limited response to the economic crisis.

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Write a program in JAVA that prompts the user for a dollar amount. The program outputs the fewest number of coins needed. For example:
Enter total amount: $1.71
You have 6 quarters, 2 dimes, 0 nickels, and 1 penny.
Note: due to numerical error[1] you must convert the initial input to an integer – the number of pennies before performing any calculations. Once computed as a double (i.e. 171.0), you have been supplied a method (convertToInt, which you MUST use) to convert the double to an integer (i.e. 171). Only then proceed to compute number of coins.

Answers

As the java program has two classes Scanner and Buffer reader classes, we can use any one of the classes.

In the given question it is asked to take the input of a dollar and then find out the fewest number of coins that are needed. The program can be written as -

import java.util.Scanner;

public class Main

{

public static void main(String\[\] args)

{

double amount, quarters, dimes, nickels, pennies;

int hundreds, the fifties, twenties, tens, fives, ones;

System.out.println("Enter your dollar amount:");

try (Scanner sc = new Scanner(System.in)) {

amount = (double) sc.nextDouble();

hundreds = (int)amount / 100;

amount = amount % 100;

fifties = (int)amount / 50;

amount = amount % 50;

twenties = (int) amount / 20;

amount = amount % 20;

tens = (int)amount / 10;

amount = amount % 10;

fives = (int)amount / 5;

amount = amount % 5;

ones = (int)amount / 1;

amount = amount % 1;

quarters = amount / 25;

amount = amount % 25;

dimes = amount / 10;

amount = amount % 10;

nickels = amount / 5;

amount = amount % 5;

pennies = amount;

System.out.println("You have:");

System.out.println(hundreds + " hundreds");

System.out.println(fifties + " fifties");

System.out.println(twenties + " twenties");

System.out.println(tens + " tens");

System.out.println(fives + " fives");

System.out.println(ones + " ones");

System.out.println(quarters + " quarters");

System.out.println(dimes + " dimes");

System.out.println(nickels + " nickels");

System.out.println(pennies + " pennies");

System.out.println("Goodbye!");

}

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Which of the following is not a production management tool used in planning and designing manufacturing process flow?
Control charts
Route sheets
Assembly charts
Process flow charts

Answers

Control charts are not a production management tool used in planning and designing manufacturing process flow, the rest of the tools are used.

A graph used to examine how a process evolves over time is the control chart. Data are plotted according to time. An average line in the middle, an upper line for the upper control limit, and a lower line for the lower control limit are always present on a control chart. These curves were created using historical data.

A route sheet is a document that outlines the precise steps that must be taken to complete the task. The route sheet is meant to travel with the parts as they are moved either individually or in groups.

Assembly charts is a schematic diagrams outlining the assembly process, parts placement, and overall product layout.

The process flow chart is a picture showing the order and structure of steps in a process. In quality improvement, there are two different kinds of flow charts used.

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Which of the following statements does not represent a market failure, a situation in which the pursuit of profit will not result in a net increase in consumer satisfaction?
Situations in which externalities have been internalized result in an equilibrium in the exchange price between true costs and benefits.
The pursuit of individual self-interest results in a worse outcome than would have occurred had the behavior of the parties involved in the economic exchange been coordinated through cooperation or regulation rather than mere competition.
The costs of pollution, groundwater contamination and depletion, soil erosion, and nuclear waste disposal are borne by parties external to the economic exchange between buyer and seller.
Where there is no mechanism for pricing, for setting a value on public goods, there is no guarantee that the markets will result in the optimal satisfaction of the public interest in regard to public goods.

Answers

An efficient allocation of resources as the market is taking into account the true costs and benefits of the exchange.

Market failure is a situation where the market fails to allocate resources efficiently and leads to a situation where the pursuit of profit does not result in a net increase in consumer satisfaction.

The market fails when the pursuit of individual self-interest results in a worse outcome than would have occurred if the behavior of the parties involved in the economic exchange was coordinated through cooperation or regulation.

A) Situations in which externalities have been internalized result in an equilibrium in the exchange price between true costs and benefits:

This statement represents a situation where the market is working efficiently.

In this situation, the market has taken into account the external costs and benefits of a particular economic exchange and has reflected them in the price of the goods or services being exchanged.

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Puffy Popcorn uses television commercials and radio ads to promote its popcorn. This is an example of what type of advertising medium?

Question 9 options:

print media


outdoor media


broadcast media


online media

Answers

Answer:

broadcasting media

Explanation:

examples of broadcasting media are tv commercials and ads on the radio

Which of the following statements best supports the claim that greater uniformity replacesdiversity in the context of global markets?A.Differences in business systems and legal regulations lead companies to customize theirmarketing strategies, product features, and operating practices to best match conditions ina particular country.B.As rival global firms follow each other across countries, they bring with them their brandnames, products, and marketing strategies from other national markets, thus creatinghomogeneity across markets.C.Truly innovative companies succeed by developing products that serve specific needs ofthe local markets.D.The volume of goods, services, and investment crossing national borders has expanded ata slower rate than world output for more than half a century.E.The most global of markets are not typically markets for consumer products, as significantdifferences in consumer tastes and preferences still exist among national markets.

Answers

Out of the following statements the best supports the claim that greater uniformity replaces diversity in the context of global markets is B. As rival global firms follow each other across countries, they bring with them their brand names, products, and marketing strategies from other national markets, thus creating homogeneity across markets.

The statement supports  it because  as  the  global firms follow each other countries, they bring with them their brand names,  products, and marketing strategies from the other national market  which creates homogeneity across the market.

As it also leads to more  uniformity  as opposed to  the diversity, it suggests  that  the diversity is  replaced by uniformity  as the  global  firms are following each other across countries.  

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What are the major issues and concerns of macroeconomics?​

Answers

macroeconomics is concerned with how the overall economy works. It studies such things as employment, gross domestic product, and inflation—the stuff of news stories and government policy debates.

Unemployment levels InflationEconomic growth

Explanation:

______ is the top of a continuous beam with a uniformly distributed load above an interior support will be in tension

Answers

Since the top of the beam is in tension on the supports, the continuous beam should also be reinforced at the top.

Continuous beams, i.e. beams with more than one support, are statically indeterminate. Reactions within the support of a continuous beam cannot be determined by static equilibrium equations alone. Each section is considered an independent beam for calculating reaction forces.

A continuous steel beam consists of two or more beams welded together and supported by other beams to create a strong and flexible component for large structures. Continuous beams are used, for example, in bridges, skyscrapers, complex roof structures, and other construction projects.

in the simplest sense. A continuous edge is an edge that allows the top rebar to continue on adjacent slabs. A discontinuous edge is an edge where the top reinforcement cannot continue.

A beam supported at both ends that are firmly attached.

Double overhang: A simple beam with both ends extending beyond the support. Continuously: A beam that spans three or more supports.  

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Categories of expenditures

Bob and Cho Iverson live in Conshohcken, PA. Their son, Eric owns his own plumbing business.

For each of the following transactions that occur in their lives, identify whether it is included in the calculation of US GDP as part of consumption, investment, government, purchases, exports, or imports (check all that may apply)

1. Cho gets a haircut
2. Bob employer assigned him to provide consulting services to an Australian firm. That’s opening a manufacturing facility in China.
3. Eric buys a new set of tools to use in his plumbing business.
4. Cho buys a new BMW, which was assembled in Germany
5. The federal aviation administration expense, the runways at Philadelphia international airport, which is just a few miles from Bob and Cho’s house

Answers

The inclusion in the calculation of US GDP are as follows:

Cho gets a haircut - ConsumptionBob provides consulting services to an Australian firm opening a manufacturing facility in China - ExportsEric buys a new set of tools - InvestmentCho buys a new BMW - Consumption and Imports (if the BMW was imported to the US)Federal aviation administration expenses the runways at Philadelphia international airport - Government

What is a GDP?

GDP stands for Gross Domestic Product, which is the total value of all goods and services produced within a country's borders over a specific time period, usually a year. It is widely considered as the most comprehensive and widely used measure of a country's economic activity and standard of living.

GDP takes into account private and public consumption, investments, government spending, and net exports (exports minus imports) and is used by economists, governments, and international organizations to assess the economic performance of a country and make comparisons between countries.

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an inferior good is group of answer choices one whose demand curve will shift rightward as incomes rise. one that has not been approved by the u.s. food and drug administration. one whose price and quantity demanded vary directly not accurately defined by any of these statement

Answers

An inferior good is a group of one whose demand curve will shift rightward as incomes rise. option (A) is correct.

A  inferior good is a good whose request is contrarily connected with the pay level of a person. An expansion in the pay level of a singular will prompt a fall in the interest for sub-par merchandise and then again, a decline in the pay level of a singular will bring about more popularity for mediocre products.

For instance, on the off chance that the interest for "jaggery" diminishes with an expansion in pay, "jaggery" is a sub-par great. Substandard merchandise generally has additional engaging substitutes, which customers will change to following an ascent in pay.

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This question is not complete, Here I am attaching the complete question:

An inferior good is :

(A) one whose demand curve will shift rightward as incomes rise.

(B) one whose price and quantity demanded vary directly.

(C) one that has not been approved by the Federal Food and Drug Administration.

(D) not accurately defined by any of these statements.

a company that manufactures pet toys calculates that its costs and revenue can be modeled by the equationsC = 75,000 + 1.65x and R = 500x - x^2/25where x is in the number of toys produced in 1 week. Production during one particular week is 5000 toys and is increasing at a rate of 350 toys per week. Find the rate at which the cost, revenue, and profit are changing. (a) cost dc/dt= ___ dollars/week (b) revenue dr/dt = ___ dollars/week (c) profit dP/dt = ___ dollars/week

Answers

(a) Cost dc/dt= _577.5__ dollars/week

(b) Revenue dr/dt = _35000__ dollars/week

(c) Profit dP/dt = _34422.5__ dollars/week

C=75000+1.65x

find derivative with respect to 't'

[tex]\frac{dC}{dt}=0+1.65\frac{dx}{dt}[/tex]

now, we will plug[tex]\frac{dx}{dt}=350[/tex]

and we get

[tex]\frac{dC}{dt}=0+1.65*350\\\frac{dC}{dt}=577.5[/tex]dollars/week

B). Revenue:

we are given

R=[tex]500x-\frac{x^2}{25}[/tex]

find derivative with respect to 't'

[tex]\frac{dR}{dt}=500\frac{dx}{dt}-\frac{2x}{25}\frac{dx}{dt}[/tex]

now, we will plug

[tex]\frac{dx}{dt}=350 and x=5000[/tex]

and we get

[tex]\frac{dR}{dt}=500*350-\frac{2*5000}{25}*350\frac{dR}{dt}=175000-140000\frac{dR}{dt}=35000[/tex]dollars/week

(C)profit

We know that profit =revenue -cost

P=R-C

find derivatives on both sides

we get

[tex]\frac{dP}{dt}=\frac{dR}{dt}-\frac{dC}{dt}[/tex]

now, we can plugs which we got

[tex]\frac{dP}{dt}=35000-577.5\frac{dP}{dt}=34422.5[/tex]dollars /week

Production is the technique of mixing diverse inputs, each cloth (which includes metallic, wood, glass, or plastics) and immaterial (consisting of plans, or expertise) as a way to create output. ideally, this output may be a great carrier that has value and contributes to the software of individuals.

Basically, it just way a manufacturing manner or the cease end result of a manufacturing procedure. Economists call companies that produce goods manufacturers. those agencies create merchandise to sell to their customers. as example, an apparel organization produces apparel for purchasers. manufacturing is the method of producing goods and services to fulfill human wishes. The product is the result of the system. The four factors of production are land, capital, labor, and employer.

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TRUE/FALSE. Beginning in the 1970s, European and Japanese firms began to shift labor-intensive manufacturing operations from developing nations to their home countries where labor costs were lower.

Answers

In the 1970s, European and Japanese firms began shifting labor-intensive manufacturing operations from developing nations to their home countries where labor costs were lower. - False

Many European and Japanese businesses started moving labor-intensive manufacturing operations out of their home countries and into developing nations, such as China, Southeast Asia, and Latin America, where labour costs were lower, in the 1970s. This tendency, sometimes known as "offshoring" or "outsourcing," was a reaction to the expensive labour in developed nations.

Companies were able to cut costs and improve their competitiveness in the global market thanks to the relocation of manufacturing to nations with cheaper labour costs. hence, the claim False In the 1970s, Japanese and European companies started relocating labor-intensive industrial businesses from emerging countries to their home countries where labour costs were lower.

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The Sarbanes-Oxley Act set up the Public Company Accounting Oversight Board with the responsibility for all of the following exceptA) internal controls within companies.B) controlling the quality of audits.C) certifying the competence of financial executives.D) setting rules and standards for the independence of auditors.

Answers

The Sarbanes- Oxley Act (PCAOB) presents guidelines and regulations for the independence of auditor and compliance with requirements on auditing.

It helps in controlling the best audit and therefore, certifying the competence of executives is now not a duty of SOX. Hence, announcement C is correct.

What is the Sarbanes-Oxley Act responsible for?

The Sarbanes-Oxley Act of 2002 is a federal regulation that established sweeping auditing and economic rules for public companies. Lawmakers created the legislation to help protect shareholders, personnel and the public from accounting blunders and fraudulent monetary practices.

The United States Public Company Accounting Oversight Board (PCAOB) is a private-sector, non-profit corporation, created through the Sarbanes-Oxley Act of 2002, to oversee the auditors of public corporations in order to guard the interests of traders and in addition the public activity in the coaching of informative

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If the amount of interest calculated to be capitalized on a self-constructed asset is greater than the amount actually incurred, then the interest capitalized is limited to the actual interest incurred is?

Answers

The capitalized interest definition is the hobby on the fee of construction, or a self built asset by using a company. Interest capitalization takes place because it is a phase of the fee in developing the asset for the company's future use.

What occurs when activity is capitalized?

Capitalization increases your loan's main balance, and activity is charged on the new, larger balance. Your month-to-month charge may additionally additionally increase.

Capitalized pastime is the price of the funds used to finance the construction of a long-term asset that an entity constructs for itself. The capitalization of hobby is required below the accrual basis of accounting, and results in an amplify in the whole amount of constant assets appearing on the stability sheet.

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As items come to the end of a production line, an inspector chooses which items are to go through a complete inspection. 10% of all items produced are defective. 60% of all defective items go through a complete inspection, and 20% of all good items go through a complete inspection.
a) when an item is randomly selected, what is the probability that it is not completely inspected?
b) given that an item is completely inspected, what is the probability that it is defective?

Answers

The probability that an item is not completely inspected is 0.76. The probability that an item is defective given that it is completely inspected is 0.25.

How to calculate the probabilities

a) To calculate the probability that an item is not completely inspected, we need to calculate the probability that the item is defective and not completely inspected, plus the probability that the item is good and not completely inspected.

Let's call the events:

D: item is defective

G: item is good

C: item is completely inspected

The probability that an item is not completely inspected can be calculated as:

P(not C) = P(D and not C) + P(G and not C)

We know that P(D) = 0.1 (10% of all items are defective),

P(C|D) = 0.6 (60% of defective items are completely inspected),

P(C|G) = 0.2 (20% of good items are completely inspected).

So we can calculate:

P(D and not C) = P(D) * P(not C|D) = 0.1 * 0.4 = 0.04

P(G and not C) = P(G) * P(not C|G) = 0.9 * 0.8 = 0.72

Therefore,

P(not C) = 0.04 + 0.72 = 0.76

So the probability that an item is not completely inspected is 0.76.

b) Given that an item is completely inspected, we want to find the probability that it is defective:

P(D|C) = P(D and C) / P(C)

We know that P(C) = P(D and C) + P(G and C) (the probability that an item is completely inspected is the sum of the probability that a defective item is completely inspected and the probability that a good item is completely inspected).

We can calculate:

P(D and C) = P(D) * P(C|D) = 0.1 * 0.6 = 0.06

P(G and C) = P(G) * P(C|G) = 0.9 * 0.2 = 0.18

So

P(C) = 0.06 + 0.18 = 0.24

Therefore,

P(D|C) = 0.06 / 0.24 = 0.25

So the probability that an item is defective given that it is completely inspected is 0.25.

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weighted average cost of capital (wacc) is most directly used with which of the following capital budgeting decision criteria (true or false)

Answers

The correct option is A. Money owed payable isn't a capital aspect while calculating the weighted average cost of capital (WACC) for use in capital budgeting.

The weighted average fee of capital (WACC) is the average fee that a enterprise will pay to finance its belongings. it's far calculated by way of averaging the price of all of the employer's resources of capital (each debt and equity), weighted by way of the proportion of every element.

WACC is calculated by using multiplying the cost of every capital source (debt and fairness) via its applicable weight through marketplace fee, then including the goods collectively to determine the entire. WACC is also used as the bargain charge for future cash flows in discounted coins waft evaluation.The weighted average price of capital (WACC) is an crucial monetary principle this is widely utilized in financial circles to check whether or not a go back on investment can exceed or meet an asset, mission, or enterprise's price of invested capital (equity + debt).

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Complete Question:

Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting?

a. Accounts payable.

b. Common stock "raised" by reinvesting earnings.

c. Common stock raised by new issues.

d. Preferred stock.

e. Long-term debt.

Consider the production possibilities frontier for a country that produces cars and wheat: (Look at phone PPF) In the absence of trade, if this country chooses to produce 6 million cars then they will also be able to produce million bushels of wheat. Enter a whole number. Suppose the country specializes in wheat production and trades 100 million bushels of wheat in exchange for 8 million cars. They will be able to consume million bushels of wheat. Enter a whole number.

Answers

The production possibilities frontier for a country that produces cars and wheat is 101 million.

A production possibilities frontier (PPF) is a graphical representation of the maximum amount of two goods that a country can produce, given the available resources and technology. In this case, the country produces both cars and wheat.

When the country produces 6 million cars, it can also produce a million bushels of wheat. This is the point where the country's resources are being fully utilized.

However, when the country decides to specialize in wheat production and engage in trade with other countries, it can increase its consumption of both goods.

The mathematical representation of this trade is as follows:

Let's denote the number of cars produced as C and the number of bushels of wheat produced as W.

Before trade, the country can produce C = 6 million cars and W = 1 million bushels of wheat.

After trade, the country can produce

=> C = 8 million cars and W = 1 + 100 million = 101 million bushels of wheat.

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Assume that the risk-free rate is 4.5% and the market risk premium is 6%.
What is the expected return for the overall stock market? Round your answer to two decimal places.
%
What is the required rate of return on a stock with a beta of 0.8? Round your answer to two decimal places.
%

Answers

Expected return for the overall stock market = Risk free rate of return + market risk premium = 4.5% + 6% = 10.50%

Required rate of return on stock = Risk free rate of return + beta of the stock (Expected return for the market - risk free rate of return)  Required rate of return on stock = 4.5% + 0.8 (10.50% - 4.5%) = 4.5% + 4.80% =Required rate of return on stock = 9.30%The entire market value of all publicly traded securities worldwide climbed from US$2.5 trillion to US$93.7 trillion by the end of 2020.As of 2016, there were 60 stock exchanges worldwide. The market capitalization of 16 of these exchanges is at least $1 trillion, and

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On September 1, Taggert Company paid $1,800 for a 6-month insurance premium beginning September 1. Which of the following statements are correct regarding the accounting for this insurance over the six-month period? (Check all that apply.) a. Taggert will credit Prepaid Insurance for $300 on Sept. 30. b. Taggert will debit Insurance Expense for $300 on Sept. 30. c. Taggert will debit Instrance Expense for $1,800 on Sept. 1. O d. Taggert will debit Prepaid Insurance for $1,500 on Sept. 30. e. Taggert will debit Prepaid Insurance for $1,800 on Sept. 1.

Answers

Options (A), (D), and (E) are the statements that apply to the accounting for this insurance for the six-month period that is accurate.

A company's balance sheet's first part includes an account for current assets called prepaid insurance. At the conclusion of each accounting period, its balance is revised to ensure that the insurance expense is recorded at the appropriate timeframe.

a. On December 31, Taggert will credit Prepaid Insurance with $300.

This is true because the expired expense needs to be recognized by processing an adjustment entry. The credit entry will result in a reduction of the Prepaid Insurance debt.

d. On December 31, Taggert will deduct $300 from the Insurance Expense account.

That's accurate. It is necessary to recognize the monthly cost of insurance.

e. On December 1, e. Taggert will charge Prepaid Insurance $1,800.

Additionally true is this. The existing asset is deducted at the time the policy is bought.

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In which of the following situations would monetary policy be least effective?
a. controlling inflation
b. slowing expansion
c. controlling inflation and recession
d. controlling recession



- Please answer with a detailed explanation. Answers without detailed explanations are rejected automatically.

Answers

When trying to control both inflation and a recession at once, monetary policy is the least successful.

In order to accomplish certain macroeconomic objectives like reining in inflation, slowing economic growth, or averting a recession, monetary policy entails altering the amount of money in circulation in the economy. The instruments employed to manage one may have negative repercussions on the other, making it difficult for central banks to regulate both prices and depression at the same time. For instance, raising interest rates, a traditional tactic for containing inflation, slows the economy and increases the risk of a recession. Amid contrast, decreasing interest rates, a strategy used to boost the economy in a downturn, can result in a rise in inflation.

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Which of the following is the term for multiple occurrences of an entity? For example, the grouping of all employees at our company.

Answers

If there is a one-to-many relationship between two entities, add the key of the entity on the “one” side (the parent) into the toddler desk as a foreign key.

Which time period can be described as the duplication of statistics and storing statistics in more than one locations?

Data redundancy occurs when the identical piece of statistics is stored in two or greater separate places and is a common incidence in many businesses.

They're additionally referred to as independent entities. The principal key helps to discover each entity uniquely and they're a rectangle in most entity-relationship diagrams. The distinction between a strong entity kind and a susceptible entity kind is whether they rely on every other relationship.

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What’s the impact of each situation on the the balance sheet equation

Answers

The balance sheet equation is Assets = Liabilities + Equity. Each transaction has an impact on either the assets, liabilities, or equity of the business.

Creation of the business and provision by shareholders:

Assets: Equipment (80) + Cash (30)

Equity: Capital Stock (110)

Loan from the banker:

Assets: Cash (200)

Liabilities: Bank Loan (200)

Miscellaneous business taxes:


Assets: Cash (40)

Equity: Retained Earnings (40)

Purchase of merchandise for resale:

Assets: Accounts Receivable (50)

Liabilities: Accounts Payable (50)

Legal fees:


Assets: Cash (10)

Equity: Retained Earnings (10)

Personnel expenses:


Assets: Cash (30)

Equity: Retained Earnings (30)

Sale of merchandise:


Assets: Cash (20)

Liabilities: Accounts Receivable (80)

Equity: Retained Earnings (40)

Payment to merchandise suppliers:


Assets: Cash (30)

Liabilities: Accounts Payable (30)

Cash received from customers:

Assets: Cash (70)

Liabilities: Accounts Receivable (70)

What is the Balance Sheet Equation?

The fundamental accounting equation, commonly known as the balance sheet equation, describes the connection between a person's or business's assets, liabilities, and owner's equity.

It serves as the basis for the double-entry accounting method. The total debits equal the total credits for each transaction.

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$30k monthly commissions case study: follow the case study which shows how they make $20,000 in monthly recurring commissions.

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A recurring commission has advantages such as the potential for continued passive revenue and the capacity to develop a residual income stream over time.

What is the system about?

A recurring commission system refers to a compensation plan in which an individual earns a commission repeatedly for as long as a customer remains a customer of a company. The benefits of such a system include the potential for ongoing passive income, as well as the ability to build a residual income stream over time.

Additionally, it can incentivize individuals to continue promoting a product or service to maintain their commission earnings.

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$30K Monthly Commissions Case Study

Follow the case study which shows how the creator makes $20,000 in monthly recurring commissions. Join Glynn live as he details exactly how to put together your Recurring Commission System. The replay will be available inside the member’s area. Because it eliminates competition and makes it push-button simple to bank hundreds per sale without a list or even paid traffic. This is by far the most complete high-profit and recurring affiliate system I’ve ever seen. The Recurring Commission System does everything for you, including finding affiliate products and setting up your funnels.

What’s great about Recurring Commission System

which of these choices would make a good secondary bid strategy for a client who wanted to run on smart shopping campaigns and use maximize conversion value as a bid strategy?Target Return On Ad Spend (tROAS)
Maximize Clicks
Enhanced CPC
Manual Max CPC

Answers

The best secondary bid strategy for a client who wanted to run on smart shopping campaigns and use maximize conversion value as a bid strategy would be Enhanced CPC. So, the correct option is C.

A secondary bid strategy for a client who wants to run on smart shopping campaigns and use "maximize conversion value" as their primary bid strategy would be an option that provides additional flexibility and control over the bidding process. One good secondary bid strategy in this case is "Target Return on Ad Spend".

This bid strategy works well as a secondary bid strategy because it allows the advertiser to set a target return on investment while still utilizing the "maximize conversion value" strategy as the primary bid strategy.

In this scenario, the "maximize conversion value" strategy would focus on maximizing the total value of conversions, while the tROAS strategy would focus on optimizing the return on ad spend, ensuring that the cost of the campaigns remains within a specified target.

This combination of strategies would provide the advertiser with a balance of maximizing conversions while also controlling their costs.

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Ryan & Ryan, CPA's is a full-service accounting firm that provides attest and nonattest services to a diverse group of clients. Willard, the managing partner, has decided that it would be a good financial move for the firm to buy a building, utilize a portion of the building for its own use, and lease the rest of the building to third parties. The other partners of the firm voted to accept Willard's proposal and on February 25, 20X6 the firm purchased a building for the aforementioned purposes. In which of the following situations would the firm's independence be impaired? A) The firm leases a portion of the building to an audit client at a rate that is 50% of the current market rate and the rate that the firm charges to non-client tenants. B) The firm leases a portion of the building to an audit client and allows the audit client to pay rent on the basis of the attest client's ability to pay. All other tenants must pay monthly as is typical for a commercial lease. C) Both a. and b. would impair independence D) Neither a. nor b. would impair independence E) All business relationships with an audit client would impair independence.

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The correct option is C. Both a. and b. would impair independence.

The company leases a portion of the building to an audit consumer at a rate this is 50% of the cutting-edge marketplace rate and the charge that the company charges to non-patron tenants.The company leases a part of the construction to an audit patron and allows the audit purchaser to pay rent on the basis of the attest patron's capability to pay. All other tenants must pay month-to-month as is typical for a business lease.

An account is a particular document within an organization's financial ledger or stability sheet. Accountants, finance specialists, and bookkeepers can use debts to document vital monetary statistics, like reporting daily transactions to affirm the exact amount of money an enterprise has at any moment.

In accounting, an account is a document inside the well-known ledger this is used to type and keep transactions. for example, companies may have an account of a coin wherein to file each transaction that will increase or decreases the company's coins. fundamental accounting principles used inside the commercial enterprise global cowl sales, charges, assets, and liabilities. those elements are tracked and recorded in files which include stability sheets, earnings statements, and cash float statements.

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are the specific events, settings, and interests you want others to recognize as going along with your personal brand and as different from others

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Personal branding refers to the process of establishing and promoting a unique and distinct image or identity for oneself in the marketplace.

The specific events, settings, and interests that are associated with an individual's personal brand are what set them apart from others and help them to be recognized. These elements are carefully chosen to reflect the individual's values, personality, skills, and experiences and to align with their career goals and aspirations.

For example, a person who wants to be known as a thought leader in a particular industry may actively seek out speaking engagements and opportunities to write articles or blog posts on relevant topics.

Another person may want to be recognized for their expertise in sustainability and may focus on building a brand around eco-friendly initiatives and projects.

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Which of the following are considered to be discretionary information produced by accounting information systems?a. U.S. Tax Return.b. Bank capital submission to the State Banking Commission.c. The number of U.S. flags that are sold on July 4.d. 10-K regulatory filing to the Securities and Exchange Commission.

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(d) 10-K regulatory filing to the Securities and Exchange Commission is considered to be discretionary information produced by accounting information systems.

Discretionary information is data that is not required by law or regulation, but rather is voluntarily produced by companies to provide additional information to stakeholders. A 10-K regulatory filing to the Securities and Exchange Commission is considered to be discretionary information because it is voluntarily produced by companies to provide information about their financial performance, risk factors, and other aspects of their business to investors and other stakeholders.

A U.S. Tax Return, a bank capital submission to the State Banking Commission, and the number of U.S. flags that are sold on July 4 are not considered to be discretionary information because they are required by law or regulation. U.S. Tax Returns are required by the Internal Revenue Service, bank capital submissions to the State Banking Commission are required by state banking regulations, and the number of U.S. flags that are sold on July 4 is not required by law or regulation, but it is not typically considered to be discretionary information.

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TRUE/FALSE. Although companies believe in and rely heavily on advertising, some people have significant misperceptions about advertising and what it's supposed to do.

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Although companies believe in and rely heavily on advertising, some people have significant misperceptions about advertising and what it's supposed to do. The statement is true.

Advertising is a crucial component of marketing, designed to inform and persuade consumers about a product or service. Through various media such as television, print, digital, and outdoor, advertising delivers a message to a targeted audience, creating brand awareness and driving sales. However, advertising is not without its criticisms. Some people view it as manipulative or misleading, and question its ability to influence consumer behavior. Despite these concerns, companies continue to invest heavily in advertising because of its potential to reach and engage with consumers on a large scale. Advertising can be effective in building brand recognition and driving sales, but it is just one piece of the larger marketing puzzle. A well-rounded marketing strategy should also include other tactics such as public relations, market research, and social media.

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