Answer: the U.S. dollar was the only currency that was fully convertible to gold; other currencies were not directly convertible to gold
Explanation:
The Bretton Woods system was a system that was based on dollar, being used as a standard for other currencies from other parts of the world which in turn was pegged to the good price.
Under this system, the U.S. dollar was the only currency that was fully convertible to gold; other currencies were not directly convertible to gold.
Magnira Corp., a small-scale e-learning firm, recently bought a three-year license of a cloud-based software. The software provides email services and social networking services on a secure platform. In this scenario, it is evident that Magnira Corp. has incurred _____.
Answer: Communication cost
Explanation:
All or most server companies do allocate some form of liscence to their clients to browse the internet and use some internet tools for space of a period time. This service could either provide internet service or more depending on the cost and the kind of package that was bought. The process of acquiring this could be known as communication cost.
The procedure that best discourages the resubmission of vendor invoices after they have been paid is
Answer:
The cancellation of vouchers by treasurer personnel
Explanation:
When a business uses vendors for some of its service needs there is the possibility of paying vendors twice for the same service of invoice is submitted twice.
The treasurer is the person that disbursed funds to vendors for services rendered. He is tasked with cross checking if payments are duplicated.
To avoid this it is best to have the treasurer personnel cancel vouchers that have been paid.
This will provide an effective check on duplicate payments.
One reason given for the decline in the number of U.S. Workers employed in manufacturing is that manufacturing firms in the U.S. Have become more efficient.
Answer: True
Explanation:
The reason There have been a high decline in numbers of workers employed in the manufacturing industries is as a result of advancement in Technology, this technology had made work more efficient, faster, reliable and more productive. Which has result in the need of fewer workers to man this machines.
1) You only have $10 to spend for the week. You decide to spend $8 on a movie instead of buying an $8 pizza. a. What is the scarce resource? Why is this the scarce resource? b. What are the two potential choices you had? c. What is the opportunity cost of the choice you made?
If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then :______
a. consumers will purchase more of the good.
b. the price of the good will decrease.
c. supply will decrease.
d. the quantity of the good produced will increase.
Answer:
c. supply will decrease.
Explanation:
If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then supply will decrease.
Generally, when consumers of a particular product notices that the product has an adverse effect on the environment (pollution) or it is a product that causes environmental degradation, they are most likely to stop demanding or buying such products. Consequently, as the demand for such goods falls or decreases; there would be a fall in the supply of such goods. This is so because the demand for goods and services is directly proportional to the amount of quantity supplied.
In an open economy, a contractionary fiscal policy will have a ________ impact on aggregate demand and, therefore, will be ________ effective in slowing down an economy.
Answer:
The answer is smaller, less
Explanation:
Definition of terms:
Open economy is an economy that does not restrict itself to only domestic economy but rather trade freely with other economies of the world.
Contractionary fiscal policy is used by the government of a country to slow down the economy. Here, government either increases tax or cut its spending.
So a contractionary fiscal policy in an open economy will have a SMALLER impact on aggregate demand because increase in trade with other economies will neutralize this policy and will be LESS effective in slowing down the economy.
On February 1, 2020, ABC Company factored receivables with a carrying amount of $700,000 to Agee Company. Agee Company assesses a finance charge of 3% of the receivables and retains 5% of the receivables. Relative to this transaction, you are to determine the amount of loss on sale to be reported in the income statement of Henson Company for February.
Assume that Herson factors the receivables on a with recourse basis. The recourse obligation has a fair value of $3,500. The loss to be reported is:_________
Answer:
$42,000
Explanation:
The computation of the loss to be reported is shown below:
As there are finance charge of 3% and retains 5% so the total percentage of loss is 8%
And, the carrying amount os $700,000
So, the loss i.e. to be reported is
= Carrying amount × total percentage of loss
= $700,000 × 8%
= $42,000
hence, the loss is $42,000
Of the common core capabilities that serve to unify the mission areas, which provides a complete and integrated picture of the sequence and scope of the tasks to achieve objectives?
Answer:
Planning
Explanation:
The process that accomplishes this is known as Planning. This is the process of thinking and outlining all specific activities and materials that are required in order to achieve the desired goal, as well as the specific step by step sequence and importance level of each step. Thus, allowing the entire project/vision to be seen by everyone so that everyone knows what they are working towards.
In January 2017, Khors Company issued nonqualified stock options to its CEO, Jenny Svaro. Because the company did not expect Ms. Svaro to leave the company, the options vest at the time they are granted with a total value of $52,500. In December of 2018, the company experienced a surge in its stock price, and Ms. Svaro exercised the options. The total bargain element at the time of exercise was $65,000. For 2018, what is the book-tax difference due to the options exercised?
Answer: $65,000 favorable
Explanation:
From the question, we are informed that January 2017, Khors Company issued nonqualified stock options to its CEO, Jenny Svaro and that because the company did not expect Ms. Svaro to leave the company, the options vest at the time they are granted with a total value of $52,500.
We are further told that in December of 2018, the company experienced a surge in its stock price, and Ms. Svaro exercised the options and that the total bargain element at the time of exercise was $65,000.
For 2018, the book-tax difference due to the options exercised will be a favorable of $65000. It should be noted that the company will deduct $52500 as the stock option value in 2017 for financial purpose.
Because there are a variety of factors in addition to inflation that affect exchange rates, this will
Available Options Are:
A. Reduce the probability that PPP shall hold.
B. Increase the probability that PPP shall hold.
C. Increase the probability the IFE will hold.
D. B and C
Answer:
Option A. Reduce the probability that PPP shall hold
Explanation:
The reason is that Purchasing Power Parity Theory assumes:
Perfect Market Conditions, No Trade Barriers exist.No Transaction Cost exists.No technological dominance of other countriesFree Trade across the worldThese are some factors that will definitely affect the reliability of the theory. Hence these assumptions are unrealistic and it is obvious that the model will not hold true because of these unrealistic assumptions and other factors like interest rate, government debt, recession, etc.
Hence the option A is correct here.
If Option A is correct then Option B is incorrect because is totally opposite.
Option C is incorrect because it assumes that their are no external factors that will be affecting the exchange rate which means that the exchange rate is not controlled by the government. This means it only holds for long term and not for short term. Hence the Option C is incorrect.
When an organization pays more for completing certain tasks, not just for being there and being loyal to the firm, the organization pays more for ______.
Answer: Performance
Explanation:
Many organizations reward excellence and effort. They consider what each person or team put in place to see that there is success in the task. Asides the normal allowance that would be given, those who are outstanding in their performance would be tipped other renumeration for how well they did. This is to encourage them to do more for further task ahead.
A(n) _____ staffing approach is compatible with an international strategy but can produce resentment in the host country.
Answer:
geocentric
Explanation:
The staffing policy which which seeks for staffing the best people for main jobs throughout the organization, regardless of their nationality is called geocentric policy. It is very much compatible to any international strategy but there can be some resentments in the host country due to cultural myopia.
There can be also lack of some management transfers from the home country to the host countries also from the host to home. There can be lack of integration also.
Under the Uniform Securities Act, the threshold where a State-registered adviser is considered to have taken custody of client funds if it charges prepaid advisory fees, is:
Answer:
The advisory fees will be "$500, 6 months or more in advance of rendering services".
Explanation:
Whenever a nation-registered investment manager recognizes $500 (and sometimes more) of advanced consulting fees, 6 months more than before anticipation of providing services, then perhaps the consultant is deemed to have obtained ownership of customer funds being defined by NASAA.(In comparison, it should also be noted that perhaps the Advisers (investment) Act of year 1940 established the cap at $1,200 among Federal Covered consultants, although that wasn't the law for govt-registered consultants).Della, the sales manager, just informed her sales team that all sales in March will earn an extra 5 percent commission. The team gets right to work, being motivated by a(n)
Answer:
The answer is extrinsic reward
Explanation:
Extrinsic reward is the type of reward that comes from outside. This type of reward is completely different from intrinsic reward that comes from thr within.
Extrinsic rewards are given to act as an incentive to perform more or better. It usually has monetary undertone in it.
Increment in salary or giving bonus is is an extrinsic reward.
Fayol suggested that workers be given more ______ in order to counteract the boredom that many workers feel arising from too much specialization.
Answer:
job duties
Explanation:
The job duties refers to the duties that have to be performed while in a job. Different specialization people has the different jobs duities that have to be performed on the daily basis
Since in the question it is mentioned that Fayol recommend that workers provided more job duties so that the boredom could be minimized
Hence, the job duties would be conisdered
Regarding a broker's commission, the California Business and Professions Code requires that in the sale of residential property (of not more than four units) the listing contain the following provision before the compensation clause: "Notice: The amount or rate of real estate commissions is not fixed by law. They are set by each broker individually and may be negotiable between the seller and broker." This clause must be printed:
Answer:
The remaining part of the question is:
They are set by each broker individually and may be negotiable between the seller and broker.” This clause must be printed:
1. In not less than 8-point boldface type.
2. In not less than 10-point boldface type.
3. In not less than 11-point boldface type.
4. In not less than 12-point boldface type.
Correct Answer:
2. In not less than 10-point boldface type.
Explanation:
In-order to print the clause, the 10-point boldface type should be the minimum font on which the compensation clause is printed. It would make it easier to read.
The compensation clause must be printed: In not less than 10-point boldface type.
A compensation clause can be defined as an amount of money that is paid to property owners with respect to the legal seizure of their private (personal) property such as a land, especially for public use by the government. Thus, a private (personal) property owner is paid the fair market value for his or her property based on the compensation clause.
Additionally, the compensation clause is legally defined under the Takings Clause in the Fifth Amendment of the Constitution of the United States of America.
According to the California Business and Professions Code, the compensation clause must be printed in not less than 10-point boldface font type, so that is legible or readable for mortgage brokers, agents, borrowers, owners and other parties involved.
Read more on compensation clause here: https://brainly.com/question/4569941
"A customer who earns $80,000 per year is 35 years old, married to a non-working spouse, has a 5-year-old child, has no retirement savings and does not have a will. This customer receives $250,000 in a single stock as an inheritance from her deceased aunt. What is the first thing that the customer should do?"
Answer:
It should diversify the stock position.
Explanation:
The first thing the customer should do is that it should diversify the stock position because it is a single stock holding and it must be diversified this stock. One thing that is the main concern for the customer that he does not have any retirement savings and he has only inheritance stock. If the market situation becomes adverse then he may face huge losses because he is a single stock holding. However, the diversification will reduce the risk of loss so he should diversify it.
Activities that generate external costs will likely be carried out at levels that _____ those that would be efficient.
Answer:
exceed
Explanation:
In simple words, External losses (also recognized of externalities) relate to the economic definition of uninsured environmental or social impacts. Of example , when people purchase gasoline for a vehicle, they charge for the manufacture of the gasoline (internal expense), though not for the expense of consuming the gasoline, like environmental pollution.
Thus, such costs usually occur when the activities are carried at a level upon their efficiency leading to exploitation and degradation of other resources of use.
In its 20X3 financial statements, Cris Co. reported interest expense of $85,000 in its income statement and cash paid for interest of $68,000 in its cash flow statement. There was no prepaid interest or interest capitalization either at the beginning or end of 20X3. Accrued interest at December 31, 20X2, was $15,000. What amount should Cris report as accrued interest payable in its December 31, 20X3, balance sheet
Answer:
$32,000
Explanation:
Calculation for the amount of accrued interest payable that should be reported
Using this formula
Accrued interest payable=Interest expenses- (Cash paid for interest -Accrued interest )
Let plug in the formula
Accrued interest payable=$85,000-($68,000-$15,000)
Accrued interest payable=$85,000-$53,000
Accrued interest payable=$32,000
Therefore the amount of accrued interest payable that should be reported will be $32,000
California residents Kate and Jennifer decide to make a "deal": Kate will sell Jennifer her new Dell laptop for $600, a steal since she paid over $1,000 for it. They both feel they've gotten a great deal. Does this agreement need to be in writing, under California law?
Answer:
Yes, because under California law, an agreement for the sale of personal property must be in writing if the amount or value of the property exceeds $500.00
Explanation:
The "Statute of Frauds provisions require a contract written and signed by the the parties involved in the contract for certain types of contract for such contracts to be binding and enforceable. The Statute of Frauds is applicable to contracts that are likely to be subjected to fraud such as marriage contracts, agreement that lasts over a year, repayment of another person's debt, real estate and sale of goods worth $500 and above.
Concord Corporation produces several products that can be sold at the split-off point or processed further and then sold. The following results are from a recent period: Product Sales Value at Split-off Additional Variable Costs Sales Value after Further Processing Green lumber $159600 $24000 $178000 Rough lumber 126000 28500 176400 Sawdust 106000 20300 134400 What is the increase in profit if the appropriate products are processed further?
Answer:
only two products should be processed further because they will generate additional profit:
further processing rough lumber generates $21,900 in additional profitsfurther processing sawdust generates $8,100 in additional profitstotal additional profits = $30,000Explanation:
Product Sales value Additional var. Sales value after
at split-off costs further processing
Green lumber $159,600 $24,000 $178,000
Rough lumber $126,000 $28,500 $176,400
Sawdust $106,000 $20,300 $134,400
the additional profits generated by further processing are:
green lumber = ($178,000 - $159,600) - $24,000 = -$5,600
rough lumber = ($176,400 - $126,000) - $28,500 = $21,900
sawdust = ($134,400 - $106,000) - $20,300 = $8,100
A marketing manager has discovered that relevant, internal secondary data don't exist to support a decision process. The next step the manager should take is to
Answer: Look for external sources for the relevant data
Explanation:
To get some process accomplished in some firms, you might not really have all information available to you when carrying out the task, some which you thought to help might not be capable to carrying out the task. One fo the best thing to do is to source for information outside the information you received for the project to complete the task you have at hand. As the manager, you have to source for external information to complete the task.
A special agreement between the lender and the borrower to delay a foreclosure is known as what...? Lis Pendens Postponement Forbearance Suspension
Answer:
Forbearance
Explanation:
Forbearance is a term used in mortgaging that means an agreement between two parties; borrower and lender, to delay foreclosure.
Forbearance according to the dictionary means to hold back. That is, delaying or postponing an event of debt default.
Cheers
Mr. Squarepants deposited $10,000 cash into his account at Bank A. If the required reserve ratio is 10%, Bank A has to keep _____ in the form of required reserves and can make a loan equal to _____. Group of answer choices
Answer:
Keep $1000
Loan $9000
Explanation:
Reserve ratio is the requirement of the central bank that commercial banks must hold unto a certain portion of deposits at all time rather than investing or lending out in order to meet any large and unexpected demand for withdrawal. It is used to control the money supply in the society and influence interest rate.
If the reserve ratio is 10% . This means that 10% of the deposit must be kept as reserve in the bank and the maximum amount available to be given out is 90%
Workings
10% of 10000 = 1000
90% of 10,000 = 9000
An IAR (Investment Adviser Representative) is employed by a Registered Investment Adviser in a State. The IAR has a young, wealthy, client with an investment objective of aggressive growth. To meet the objective, the IAR engages in active trading strategies, using an outside broker to effect the trades at a discounted rate. The IAR receives a small payment from the broker for these trades. Which statement is TRUE
Correct/Complete Question:
An IAR (Investment Adviser Representative) is employed by a Registered Investment Adviser in a State. The IAR has a young, wealthy, client with an investment objective of aggressive growth. To meet the objective, the IAR engages in active trading strategies, using an outside broker to effect the trades at a discounted rate. The IAR receives a small payment from the broker for these trades. Which statement is TRUE?
A. Because the payment received by the IAR is small, there is no requirement to notify the client of the payment arrangement with the executing broker
B. Because the client has an investment objective of aggressive growth, requiring an active trading strategy, there is no requirement to notify the client of the payment arrangement with the executing broker
C. The IAR must notify the client of the payment arrangement with the executing broker
D. The IAR must notify RIA of the payment arrangement with the executing broker
Answer:
C, The IAR must notify the client of the payment arrangement with the executing broker.
Explanation:
It is important that the IAR notifies the client of the payment arrangement with the executing broker. This is because the client has the right to know everything that is happening with his stocks that is being traded.
This also helps to put the IAR in good light.
Cheers
The common stock of Flavorful Teas has an expected return of 12.00 percent. The return on the market is 8 percent and the risk-free rate of return is 3.0 percent. What is the beta of this stock?
Answer:
1.8
Explanation:
The beta of the stock can be calculated by rearranging the expected return formula. The expected return formula is given below
DATA
Risk free rate of return = 3%
Return on the market = 8%
Expected return = 12%
Beta =?
Expected return = Risk free rate of return x Beta( Return on market - Risk free rate of return)
12% = 3% x Beta(8% - 3%)
12% - 3% = Beta (5%)
9% / 5% = Beta
Beta = 1.8
As part of its integrated marketing communication strategy, Taco Bell utilized commercials aired during the Super Bowl. This form of ________ has an extremely large reach and hefty price tag.
Answer:
Advertising
Explanation:
As part of its integrated marketing communication strategy, Taco Bell utilized commercials aired during the Super Bowl. This form of advertising has an extremely large reach and hefty price tag.
Utilization of commercials aired during the Super Bowl as a form of advertising plan during integrated marketing is very crucial because it helps promote sales of the product in large quantities and it helps the product to be publicized. It should be noted that advertisment gives enhancement to image of an organization.
Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, the wheat market would become less competitive because
Answer:
the products would no longer be similar in the wheat market.
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.
the products would be different because the wheat of the firm that made the discovery would taste better and have less calories. this would make the wheat market would become less competitive because a key characteristic of perfect competition is homogeneity of products.
A mutual fund invested in bonds with medium-length maturities. As the bonds matured, the fund reinvested the proceeds and purchased long-term bonds with maturities of up to 20 years. What might have happened to the fund if the reinvestment had occurred during a period when interest rates were rising
Answer:
III and IV
Explanation:
As if the greatest the number of years for maturity, the chances of the risk is high also the long term bonds contains the high rate of interest as compared with the medium or short term bonds
Also if the fund replace with the medium to long term so the rate of interest could be highly charged that earned more income also if the rate of interest is increased the yield also increased
So based on the given option, the third and fourth option is correct
A Fractional Factorial experiment uses _________ of combinations from a Full Factorial experiment. They are applicable when there are too many inputs to screen practically or cost or time would be excessive.
Answer: subset
Explanation:
A fractional factorial experiment utilizes subset of combinations that are gotten from the full factorial experiment. They are applicable when there are too many inputs to screen practically or cost or time would be excessive.
Also, using the fractional factorial experiment makes running the experiments faster and cheaper.