Answer:
deductible
Explanation:
Deductible is a kind of advance made to healthcare insurance services. It basically works as a quota to meet for healthcare insurance coverage.
It basically makes you eligible to claim the healthcare expense you incur from the healthcare insurance company.
In case the healthcare expense is really low for an individual, then he must consider and choose a healthcare service, where he can pay a good premium but a lower value of deductible is required.
It is inversely proportional to the premium, more the premium, lower the deductible, and vice-e-versa.
Answer:
deductible
Explanation:
Some data processing controls relate to all computer processing activities (general controls) and some relate to specific tasks (application controls). General controls include:______
Answer:
Controls for documenting and approving programs and changes to programs.
Explanation:
General controls are the controls established in order to function the entire information systems. i.e. All the applications and programmes.
General controls usually cover all the areas of information system, as follows:
i) Control on the operation of the company in order to ensure the efficient and effective operational activities in the information system.
ii) All the procedures required to acquire, develop, test, document and finally approve the systems, and programmes and further any changes thereto.
iii) Controls over access of any equipment or any data, for ensuring security.
iv) All other remaining basic controls for affecting the computer operations as a whole.
John owns his own printing company. He wants to buy a new building since his business, created two years ago, is expanding so rapidly. John could call any resources to obtain a new loan in the primary mortgage loan business EXCEPT:
Answer:
A mortgage broker. Have a good day! =)
Explanation:
According to Porter, the nature of the interaction between potential industry entrants, buyers, substitute products, suppliers, and rival firms determines:
Your customer, a small business owner likes investments that are short term, relatively safe from credit risk and liquid. He's heard that higher rates of return can be realized from auction rate securities than the rates he is currently getting on the Treasury bills in his portfolio. He asks you to explain them to him. Which of the following would you note as being reasons why they are not suitable for your customer? I. Auction rate securities are intended as long-term investments.II .Interest or dividend rates are reset at established intervals based on a Dutch auction.III. If the auction fails, holders of ARSs may not have immediate access to his funds.IV. The interest or dividend rate is set as the lowest rate to match supply and demand at the time of the auction
Answer:
Correct Answer:
III. If the auction fails, holders of ARS's may not have immediate access to his funds.
Explanation:
Auction rates securities are debt or preferred equity securities that have interest rates that are periodically re-set through auctions, typically every 7, 14, 28, or 35 days. Also, ARS are generally structured as bonds with long-term maturities (20 to 30 years) or preferred shares (issued by closed-end funds). Failure of auction leads to the holders of ARS holding their investments up to 20 -40 years which is a very high risk.
You are scheduled to receive Rs. 15,000 in two years. When you receive it, you will invest it for six more years at 8 percent per year. How much will you have in eight years?
Answer:
Amount after 8 years is Rs. 23803.12
Explanation:
The amount received in two years = Rs 15000
It is given that the amount received in two years is invested for six years that earns the interest rate of 8% per year. Now, we have to find the total amount after eight years. Here, in the first two years, there is no interest rate earned. So only six years will be used to count the interest rate.
Amount after 8 years = Present value (1 + r)^n
Amount after 8 years = 15000 (1 + 8%)^6
Amount after 8 years = 15000 (1 + 0.08)^6
Amount after 8 years = 23803.12
Beau works for a small pest-control company that has a total of five employees. From his point of view, the primary disadvantage of a small business is the
The question is incomplete:
Beau works for a small pest-control company that has a total of five employees. From his point of view, the primary disadvantage of a small business is the:
-complicated management structure.
-risk of failure.
-limited ability to raise capital.
-personal relationship with his employer.
-limited potential for him to advance
Answer:
Limited ability to raise capital.
Explanation:
The answer is that from his point of view, the primary disadvantage of a small business is the limited ability to raise capital because small businesses tend to have few resources and a small participation in the market and these affect their ability to get capital and their growth potential.
The other options are not right because as small businesses have few employees, they have simple structures, the risk of failure can be high or low as in a bigger company and a personal relationship with his employer is not a disadvantage. Also, a small business can offer opportunities to advance.
A 15-year, 8% coupon bond with a par value of $1,000 is currently trading at $958. The yield to maturity of this bond must be
Answer:
8.51%
Explanation:
Annual coupons= ($1000 * 8%)= $80
Approximate YTM = [Annual coupons+(Face value-Present value) / time period] / (Face value+Present value) /2
=[80+(1000-958)/15]/(1000+958)/2
= 80+2.8 / 979
= 82.8/979
= 0.0084576
= 8.4576%
=8.51%(Approx)
Thus, the yield to maturity of this bond is 8.51%.
"A customer who has his primary residence in Colorado, has a vacation home in Montana. An intrastate offering is being made in the state of Montana. Which statement is TRUE regarding the customer purchasing this securities offering?"
Answer:
the customer is prohibited from buying these securities
Explanation:
In the situation being described the statement that would be true is that the customer is prohibited from buying these securities. This is because intrastate offerings are security offerings that can only be purchased in the state in which it is being offered in and only by permanent residents of that state. Seeing since the customer in this scenario has his permanent residence in Colorado and not Montana, then he cannot purchase this offering.
What is the totality of a firm's organizational arrangements, including its formal organizational structure, control systems, incentive systems, organizational culture, organization processes, and human capital
Answer:
Organizational architecture.
Explanation:
The organizational architecture can be defined as the structure of the company, which includes all the integrated systems of the organization, that is, all the tangible and intangible assets that make up the organizational whole.
In order to operate effectively, every organization must have an organizational architecture that enables the correct flow of processes that will assist in achieving the objectives and goals.
To assess which type of organizational architecture is appropriate for a business, it is necessary to analyze the company's systems, culture and strategy.
After raising two children, Anh, a single 48-year-old, decided to go to college to earn her first college degree. She spent two years in community college and earned an associate's degree. In 2019, she is enrolled half-time at State University to earn a Bachelor's degree in Accounting and also works part-time. Anh is eligible for the American Opportunities tax credit.
a. True
b. False
Answer:
True
Explanation:
American opportunities tax credit is a form qualified education expenses that is paid to college students in America by the government.
To be qualified for this credit , the student must meet certain criteria such as listed below
Must be pursuing a degree on other recognized certificationBe enrolled for at least half time the for at least an academic period beginning on the tax yearNot have finished the first four years of higher education at the beginning of the tax year.It is meant for undergraduate college students and their parentParents can only claim the tax if they paid for the child's education expenses and the student is listed as dependent on their return.Looking at the listed criteria as above , it is apparent that Anh is eligible for the opportunities tax credit
Tyrone has three options on how to spend his Saturday afternoon: to go out with friends, watch a movie, or wash his car. Tyrone's opportunity cost of
Explanation:
Opportunity cost represents the benefits when we choose one option over another. It is a major concept in economics and can get get easily overlooked while making decisions, if you are not careful.
If you aware of the missed opportunities you make better decisions while choosing one investment over another. It is not shown in financial reports but businessmen use this concept to make better decisions when they face the dilemma of choosing from multiple options.
A(n) _______________ business system is a type of information system that supports the business functions of accounting, finance, marketing, operations management, and human resource management.
A farmer produces both beans and corn on her farm. If it takes 2 acres of land to grow 200 bushels of corn and 4 acres of land to grow 200 bushels of beans, then her opportunity cost of 1 bushel of beans is:
Answer:
1 bushel of corn
Explanation: Opportunity cost may be explained as the potential loss incurred by opting to go for an alternative option.
If it takes 2 acres of land to grow 200 bushels of corn
4 acres of land to grow 200 bushels of beans, then opportunity cost of one bushel of beans is:
Opportunity cost = (Return on best option not chosen - return on the option chosen)
Opportunity cost of one bushel of beans :
200 bushel of corn = 2 acres
I bushel of corn = (2/200) = 0.01 acres
200 bushel of beans = 4 acres
1 bushel of beans = (4/200) = 0.02 acres
0.02 acres used to grow 1 bushel of beans would have been used to produce 2 bushel of corn
Therefore opportunity cost = (2 - 1) = 1
Kimbeth Manufacturing uses a process cost system to manufacture dust density sensors for the mining industry. The following information pertains to operations for the month of May. Units Beginning work‐in‐process inventory, May 1 16,000 Started in production during May 100,000 Completed production during May 92,000 Ending work‐in‐process inventory, May 31 24,000 The beginning inventory was 60% complete for materials and 20% complete for conversion costs. The ending inventory was 90% complete for materials and 40% complete for conversion costs. Costs pertaining to the month of May are: Beginning inventory costs are: materials, $54,560; direct labor, $20,320; and factory overhead, $15,240. Costs incurred during May are: materials used, $468,000; direct labor, $182,880; and factory overhead, $391,160. Using the weighted‐average method, the equivalent unit conversion cost for May is:
Answer:
$6 per unit
Explanation:
using the weighted average method:
units completed 92,000 x 100% (both materials and conversion)
ending work in progress 24,000
materials 90% completed = 21,600conversion 40% completed = 9,600equivalent unit conversion costs = total conversion costs / total equivalent units of conversion
total conversion costs = $20,320 + $15,240 + $$182,880 + $391,160 = $609,600total equivalent units of conversion = 92,000 + 9,600 = 101,600equivalent unit conversion costs = $609,600 / 101,600 units = $6 per unit
Heather is sixteen but looks much older. She goes into a jewelry store and buys a diamond bracelet with the money she has been saving for college. If Heather realizes a year later that it was unwise to spend the money on the bracelet, she:
Answer:
can return the bracelet and get her money back
Explanation:
Minors have a restriction on the products that they can. To purchase these products they must have consent of their parent or guardian.
An identity card is required to determine the age of the buyer to avoid wrong sales to minors.
Items prohibited from sale to minors include: alcohol, tobacco, petrol, offensive weapons, intoxicating substances, and expensive jewelry.
So in this scenario since due diligence was not carried out by the store to check Heather's age on purchase, she can return the diamond bracelet and get back her money.
This was an illegal sale.
"Chantel is a 62-year-old employee of a large manufacturing company. Based on the research, she will __________ compared to her co-workers in their 20s."
The question is incomplete:
"Chantel is a 62-year-old employee of a large manufacturing company. Based on the research, she will __________ compared to her co-workers in their 20s."
A) be tardy more often
B) engage in more on-the-job substance abuse
C) have more voluntary absences from work
D) comply more to the norms of the workplace
Answer:
D) comply more to the norms of the workplace
Explanation:
The answer is that based on the research, she will comply more to the norms of the workplace compared to her co-workers in their 20s because it is considered that age has an influence on human behavior and older people tend to show a more responsible behavior and adherence to the norms than people in their 20s that are more immature.
The other options are not right because they are related to irresponsible behaviors that would be more characteristic of people in their 20s.
ohn wants to start his own fruit juice and beverage company. He is aware of the large number of competitors in this industry and of the fact that his product should not be very costly. To differentiate his product from that of his competitors, he decides to sell his beverages in specially designed containers that keep the juice fresh for 7 days even without refrigeration. John is focusing on the ________ component of the marketing mix.
Answer:
Packaging
Explanation:
Since in the question, it is mentioned that for differentiating the product from its competitors John decided to sell its beverages in containers i.e. specially designed also you keep the juice fresh till 7 days even without refrigeration
So here the John is focused on Packaging component as he wants to make that product i.e differentiate from its competitors also he packaged the product in that way that it looks attractive by adding some special kind designs add on it
Therefore the packaging is the most appropriate option
Which of these is an example of business ownership?
A. A wage earner at a company
B. A day trader of stocks
C. A hair salon franchisee
D. A freelance journalist
Answer:
a hair salon franchise
Explanation:
i just did the question
Procter & Gamble determined that its Thermacare Heat Wrap was underperforming and lacked a desired level of growth potential, so it decided to sell the brand. In what phase of the product life cycle was Thermacare Heat Wrap? a. failure b. growth c. maturity d. decline
Answer:
d. decline
Explanation:
Based on the description provided it seems that the product is in the decline phase of its life cycle. This stage is described as the terminal stage where sales tend to drop drastically, so much so that the company begins to start losing money and production is ultimately halted. In this scenario, Procter & Gamble saw this terminal stage occurring and preemptively got rid of the brand.
A university spent $2 million to install solar panels atop a parking garage. These panels will have a capacity of 300 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.20 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero.
Approximately how many hours per year will the solar panels need to operate to enable this project to break even?
a. 6,371.11
b. 4,900.85
c. 2,450.43
d. 5,881.02
Answer:
10,053 Hours
Explanation:
The total capacity of Solar panels = 300 KW
Electricity cost per KWh = $0.20
Savings per hour of operation per year = 300KW * $0.2 = $60 per year
Now we will compound this benefit for 20 years:
Present Value of Savings = [$60/(1+0.3)] + [$60/(1+0.3)^2] + [$60/(1+0.3)^3] + [$60/(1+0.3)^4] + ------------------------- [$60/(1+0.3)^20]
Present Value of Savings for 1 hour = $198.948
Now
Break-even = Fixed Cost / PV of operating 1 hour per year = $2,000,000 / $198.948 per hour = 4,900.85 hours
The number of Hours per year the solar panels must operate to breakeven the situation is as under:
Break-even = Fixed cost / PV of operating 1 hour per year
= 1,300,000 / 265.64 = 10,053 Hours
Determine whether the results appear to have statistical significance, and also determine whether the results appear to have practical significance. in a study of a gender selection method used to increase the likelihood of a baby being born a girl, 2097 users of the method gave birth to 1031 boys and 1066 girls. there is about a 23% chance of getting that many girls if the method had no effect.
Answer and Explanation:
Because there is a 23% chance of getting that many girls by?chance, the method has A) has statistical significance B) does not have statistical significance C) has practical significance D) does not have practical significance. A) Most or B) Not many couples would likely use a procedure that raises the likelihood of a girl from approximately? 50% rate expected by chance to the what % produced by this method, so this method A) has statistical significance B) does not have practical significance C) does not have statistical significance. D) has practical significance.
Since there is a 23 percent probability which many women can get by probability, Method B) has no statistical significance
From this method, the girl's percentage is
= 1066 ÷ 2097
= 0.5084
or
= 50.84%
Not so much of couples will actually use a technique that increases a girl's probability from the approximately 50 percent rate predicted by chance to the 50.84 percent provided by this process, so this approach B) has no practical significance
Most attributes and benefits in many product categories can be whittled down to a. success and failure. b. price and quality. c. needs and wants. d. profit and loss.
Answer:
b. price and quality.
Explanation:
Most attributes and benefits in many product categories can be whittled down to price and quality.
This ultimately implies that, the two fundamental factors to consider when designing a product is its price and quality. The price of a product can be defined as the monetary value or amount of money which must be paid by a customer for the acquisition of such products. The relationship between demand and supply of goods (products) affects or influences the price of a product; if the supply of a product is short, its price would rise and vice-versa.
The quality of a product is subjective, it is a measure of excellence and being free from any defect or deficiency when producing and supplying products that meet the needs or demands of customers.
Bob's GMI is $2,000 per month. He currently rents an apartment for $800 per month. Bob has a $199 monthly car lease and an $80 monthly credit card payment. What is Bob's qualifiying ratio?
Answer:
40/54
Explanation:
Bob's GMI = $2,000
Rent = $800
Car lease = $199
Credit card payment = $80
First, we'd calculate the percentage of his income that is his rent.
We have,
(800 ÷ 1000) x 100%
=40%
then we can calculate what percentage of his GMI is his spending
we have,
(800 + 199 + 80) ÷ 2000
(1079 ÷ 2000) × 100%
= 0.54 × 100%
= 54%.
This means that Bob's qualifying ratio is 40/54 i.e his housing/debt ratio.
With a qualifying ratio of 40/54, it is very impossible for him to get the smallest of mortgage loan product, etc.
Bob will need to find a co-borrower or another person that can lend a higher amount.
Cheers.
Celeste is working with a Ford Motor Company, one of her clients to negotiate the use of Ford trucks in an upcoming country music video. This type of paid, nonpersonal communication is known as
Complete Question:
Celeste is working with a Ford Motor Company, one of her clients to negotiate the use of Ford trucks in an upcoming country music video. This type of paid, nonpersonal communication is known as?
Group of answer choices
A. direct marketing.
B. personal selling.
C. advertising
D. public relations.
Answer:
C. Advertising.
Explanation:
In this scenario, Celeste is working with a Ford Motor Company, one of her clients to negotiate the use of Ford trucks in an upcoming country music video. This type of paid, non-personal communication is known as advertising.
Advertising can be defined as a marketing strategy, which involves paying for a space in order to promote or boost the acceptance of goods and services. This ultimately implies that, advertising is a marketing technique which is being used by service providers or manufacturers in attempt to convince or influence the buying behavior of various customers through the use of persuasive messages.
When people are employed but are treated differently once employed, receiving few job-related rewards, resources, or opportunities than they should receive based on job-related criteria. This is called:________
Answer:
treatment discrimination
Explanation:
Treatment discrimination is a discrimination against people. It is also known as Disparate treatment and may be defined as one type of the unlawful discrimination in the United States labor law. In US, this discrimination means any unequal behavior towards some employee because of a particular caste, color, race, region or gender which is provided under the Title VII of the United States Civil Rights Act.
Treatment discrimination is the discrimination shown to the people especially the blacked people as they are paid less for equal work as compared to whites.
A firm will exit a competitive market when A. costs force the marginal cost curve to shift to the left. B. the longrun profit would be negative. C. it can earn only earn a zero longrun profit. D. Both B and C.
Answer:
B. the longrun profit would be negative.
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A firm would shut down in the short run if price is less than average variable cost and exit if it is making a loss
A customer buys 1 XYZ Aug 60 call at 4 and 1 XYZ Aug 60 put at 2 when XYZ is at 61.25. If the stock rises to 68, and the customer lets the put expire and closes out the call at intrinsic value, the result is
Answer:
a $200 gain
Explanation:
This type of operation is called a long straddle. The break even price for the put option is $66 (= $60 + $6 call and put costs). Any price above this break even price results in a gain, so a $68 price will result in a $68 - $66 = $2 gain per share x 100 shares = $200 gain in total.
Due to the subdividing of lots on the lake, Jim's property is surrounded on three sides by Louise's property. The only other boundary is the lake. Jim can only get to his home by driving up Andrea's driveway and behind her lake home to get to his own. How was the easement in this situation created?
Answer:
easement was created of necessity
Explanation:
In the situation being described the easement was created of necessity. An easement of necessity refers to the right of an individual to use the property of another due to there being no access to a public right of way to and from the individual's own property, just like in this scenario. Since Jim has no other way of getting to and from his home then he has a necessity of passing through his neighbor's property.
Lead nurturing can be defined as a way to build relationships. While building these relationships, there are key benefits to your business. Lead nurturing will help you build relationships by being the
Answer:
timely, efficient, and targeted approach to connecting with your contacts.
Explanation:
Lead nurturing is the process by which relationship with customers are maintained and strengthened at every stage of the sales funnel.
It involves providing information, increasing brand awareness, and listening to the needs of prospects in order to foster trust. This eventually leads to a purchase.
The traits of an effective lead nuturing strategy is that it is timely, efficient, and targeted approach to connecting with your contacts.
Earning cash revenue by providing services to customers will cause the amount of cash to _____ and the amount of retained earnings to _____.