If the office of governor is vacated in Texas, the order of succession is the Lieutenant governor, then the Pro tempore of the Senate.
What do you mean by the Succession of office of Governor?If the Governor-elect doesn't meet the requirements, the Lieutenant Governor-elect will take over as governor. In the event of the Governor's demise, resignation, or removal from office, the Lieutenant Governor will take over as Governor.
If the elected governor steps down, passes away, or is removed from office after being impeached and found guilty, the lieutenant governor takes over as governor.
In 49 states and territories, the lieutenant governor is the chosen representative who takes over as governor in the event of a vacancy.
Therefore, if the office of governor is vacated in Texas, the order of succession is the Lieutenant governor, then the Pro tempore of the Senate.
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Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic price of a meeker is $30. Suppose that the world price for a meeker is $40. Assume that Meekertown is too small to influence the world price for meekers once they enter the international market.
If Meekertown allows free trade, then it will ___ meekers.
If Meekertown allows free trade, then it will export meekers.
Suppliers will export more of their goods into the international market because they receive a higher return there than on the domestic market because the price is higher there. Keep in mind that the domestic price is $21 and the international price is $22. Meekertown will suffer short-term losses from free trade because there won't be many meekers available for consumers to buy. Due to the circumstances, local prices will have to rise to catch up with those of other countries. Only then will local aggregate supply resume normal behavior.
Prices and supply are often positively correlated, according to the fundamental laws of economics (demand and supply). In other words, supply will always follow price. The supply of a good increases with price, while the supply decreases with price.
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FILL IN THE BLANK. the relationship between consumer demand for products and demand for b2b products is known as ___ demand. group of answer choices derived psychographic fluctuating inelastic latent
Dubbed "derived demand," this concept describes the connection between consumer and business-to-business product demand.
What Is Derived Demand?In economics, derived demand is the demand for a good or service that arises from the demand for a complementary or dissimilar good or service. There must be a market for the specific tangible or intangible good or service in order for there to be a demand for it. On the market price of the derived product, derived demand can have a significant effect.Derived demand refers to the demand for a good or service that arises simply from the need for it to be able to purchase or create another good or service. The amount of resources—including money, land, labor, and raw materials—necessary to produce a specific good might influence derived demand. In these situations, the demand for raw materials is closely related to the demand for the goods that need the raw materials to be produced.When used to foresee the potential market for goods other than the original product desired, the demand that is derived from the demand for another product can be a great investing strategy. Furthermore, any sector that contributed to the success of the first sector will benefit if activity in that sector increases.To Learn more About derived demand refer to:
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what is required by law on any outdoor sign or advertisement displayed on property for sale subject to ground rent?
If a price is given, it must also include the cost of capitalization and ground rent in lettering that is at least as large as the price's.
How Does Ground Rent Work?A ground rent agreement is one in which a renter and a landowner agree that the tenant will pay a small annual charge for the use of the land. Ground-rent agreements were first used in the United States during the colonial era and have their roots in English common law.
What's a good illustration of capitalization?Proper nouns should be capitalized. Or, capitalize the names of persons, places, and things that are mentioned specifically. For instance, we don't capitalize the word "bridge" unless it begins a sentence, but Brooklyn Bridge must be capitalized since it is the name of a particular bridge.
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After taxes, but not spending, are cut, Ricardian equivalence fails to hold when which of the following situations occur? Select all that apply.
People expect tax cuts to be permanent
People act rationally
People save rather than spend
People spend rather save
People expect tax cuts to be permanent
People spend rather save
After taxes, but not spending, are cut, Ricardian equivalence fails to hold when People expect tax cuts to be permanent and People spend rather save.
What is Ricardian equivalence?According to the economic theory known as Ricardian equivalence, the effects on the broader economy of funding government spending with current taxes or future taxes (as well as existing deficits) will be the same.
Because investors and consumers are aware that the debt will eventually need to be repaid through future taxes, attempts to boost the economy by boosting debt-financed government spending would be ineffective. According to the idea, consumers will save money because they anticipate having to pay more taxes in the future to pay off the debt, which will counteract the effect of higher government spending on aggregate demand. Additionally, it suggests that Keynesian fiscal policy will typically be ineffectual at accelerating economic growth and output.
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3.which of the following aws object storage services offers the lowest ongoing charges, but at the cost of some convenience?
Glacier is aws object storage services offers the lowest ongoing charges, but at the cost of some convenience.
What is an object storage service?
Object storage, commonly referred to as object-based storage, is a type of computer data storage architecture made to manage massive amounts of unstructured data. It distinguishes data into separate units, each of which is accompanied by metadata and a special identifier that can be used to find and retrieve it. This is different from previous systems.What does AWS's object storage mean?
A technique called object storage allows for the management and storing of data in an unstructured format called objects. Large amounts of unstructured data are produced and analyzed by modern businesses, including images, videos, emails, web pages, sensor data, and audio files.Learn more about object storage service
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he equations below show the discounted or present value of cash flows either one year or twenty years in the future. the first equation in each set of three shows the discounted value when the interest rate (or cost of capital) equals 5%. the second equation in each set of three shows the discounted value for an interest rate that is controlled by the slider. the third equation compares the two discounted values. change the slider and observe whether the discounted value of the one-year cash flow changes more or less quickly than the discounted value of the twenty-year cash flow.
1)Decreases by 4.5%
3) smaller because interest rate changes have a greater impact on the near-term cash flows than distant cash flows.
4) Increase because the investments are discounted at a lower rate.
How to calculate the percentage change in the PV?First step is to calculate the present value when r is 5%
PV = 100 / (1 + 5%)^1
PV = $95.24
Second step is to calculate present value when r is 10%
PV = 100 / (1 + 10%)^1
PV = $ 90.91
Last step is to calculate the percentage change in the PV
PV change as a percentage: (90.91 - 95.24) * 100 / 95.24
Percentage change in the PV = - 4.55% (Decrease)
Therefore the Percentage change in the PV Decreases by 4.5%
3. The impact of interest rate changes in the PV of $100 due in 20 years compared to the PV of $100 due in one year is lower because short-term cash flows are more sensitive to changes in interest rates than long-term ones.
4. If the interest rate is less than 5%, then the PVs for both the one-year and 20-year investments is Increase because the investments are discounted at a lower rate.
The complete question is : he equations below show the discounted or present value of cash flows either one year or twenty years in the future. the first equation in each set of three shows the discounted value when the interest rate (or cost of capital) equals 5%. the second equation in each set of three shows the discounted value for an interest rate that is controlled by the slider. the third equation compares the two discounted values. change the slider and observe whether the discounted value of the one-year cash flow changes more or less quickly than the discounted value of the twenty-year cash flow.
1. What is the percentage change in the PV of $100 due in 1 year when the interest rate changes from 5% to 10%? (Move the slider to 10%.)
Decreases by 60.6%
Decreases by 4.33%
Decreases by 4.5%
Does not change
Increases by 4.5%
Increases by 60.6%
2. What is the percentage change in the PV of $100 due in 20 years when the interest rate (cost of capital) changes from 5% to 10%?
Decreases by 60%
Decreases by 22.83%
Does not change
Increases by 22.83%
Increases by 60.6%
3. The impact of interest rate changes in the PV of $100 due in 20 years compared to the PV of $100 due in one year are:
smaller because interest rate changes have a greater impact on the near-term cash flows than distant cash flows.
the same because the cash flow is the same.
greater because interest rate changes have a greater impact on distant cash flows than near-term cash flows.
sometimes less and sometimes more depending on the interest rate.
4. If the interest rate is less than 5%, then the PVs for both the one-year and 20-year investments:
Decrease because the interest rate is lower.
Increase because the investments are discounted at a lower rate.
Do not change because the investment amount is the same.
Might either increase or decrease.
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creative ads should seek to (1) attract attention and retain attention, (2) achieve the objective of the advertising strategy, and (3) avoid having any errors, especially legal ones.
As stated, innovative advertisements should strive to be as succinct as feasible.
What term describes retention?Retain has a number of popular synonyms, including hold, maintain, reserve, and withhold. All of these verbs refer to "keeping in one's control and under one's control," but maintain means keeping something even after being threatened with seizure or forced to give it up. even in poverty they were able to maintain their dignity.
What does a sentence retain mean?to continue to own something: She has failed in her attempt to keep control of the business. He kept his composure throughout the performance. In the latter stages of the race, she was successful in holding onto her lead.
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multiyear level term insurance, rather than annual renewable term insurance, is advantageous because it allows you to pay:
The advantage of multiyear level term insurance over yearly renewable term insurance is that you may maintain the same premium for the duration of your policy.
Maintaining your budget while helping to safeguard your family is possible with a level premium term life insurance plan. This kind of term plan gives prices that remain the same for the time period you pick, regardless of how old you become or how your health varies, unlike certain stepped rate plans that climb each year with your age.
When a term life insurance policy expires, it often does so without the policyholder having to do anything. When a policy lapses, the policyholder ceases paying premiums, and there is no longer a possible death benefit, the insurance company sends a notification to the policyholder.
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they joined associations such as the national association for the advancement of colored people but their affiliation with them blocked access to supplies or markets.
National Association for the Advancement of Colored People (NAACP),
interracial American organization created to work for the abolition of segregation and discrimination in housing, education, employment, voting, and transportation; to oppose racism; and to ensure African Americans their constitutional rights.
Who was involved in the National Association for the Advancement of Colored People?
The NAACP was created in 1909 by an interracial group consisting of W.E.B. Du Bois, Ida Bell Wells-Barnett, Mary White Ovington, and others concerned with the challenges facing African Americans, especially in the wake of the 1908 Springfield (Illinois) Race Riot. Some of the founding members had been associated with the Niagara Movement, a civil rights group led by Du Bois
What did the National Association for the Advancement of Colored People Do?
The NAACP played a pivotal role in the civil rights movement of the 1950s and 1960s. One of the organization's key victories was the U.S. Supreme Court's 1954 decision in Brown v. Board of Education that outlawed segregation in public schools.
What did the National Association for the Advancement of Colored People Do?
The NAACP played a pivotal role in the civil rights movement of the 1950s and 1960s. One of the organization's key victories was the U.S. Supreme Court's 1954 decision in Brown v. Board of Education that outlawed segregation in public schools.
How did NAACP help Martin Luther King?
History-making marches
In 1963, King and the SCLC worked with NAACP and other civil rights groups to organize the March on Washington for Jobs and Freedom, which attracted 250,000 people to rally for the civil and economic rights of Black Americans in the nation's capital.
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Is it better to work for a credit union or bank?.
Working at bank is Better than in credit union.
Credit unions typically function better for persons who might have a difficult financial history because of their member-focused orientation.
What is Credit Union?Credit unions might be interested in just that. See, credit unions typically limit membership to individuals who satisfy certain requirements, such as living in a particular county or working in a given industry. They are a little more upscale. Nevertheless, there are significant differences in exclusivity amongst credit unions. While credit unions may offer some or all of those items, they frequently fall short of what banks offer. In actuality, only about 40% of credit unions provide credit cards. In general, credit unions offer better interest rates than banks do. Credit unions typically charge greater interest rates on deposit accounts than they do on loans and other forms of financing. As a result, you'll spend less on borrowing.Hence Working at bank is Better than in credit union.
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Working at bank is Better than in credit union.
What is Credit Union?Credit unions might be keen on that specifically. You see, credit unions often only allow people who meet certain criteria to join, such as living in a specific county or working in a specific field. They are slightly more affluent. Even yet, there are big variations in exclusivity amongst credit unions. Even while credit unions may provide some or all of such services, their offerings usually fall short of those of banks. In reality, credit cards are only offered by around 40% of credit unions. In general, banks charge higher interest rates than do credit unions. Interest rates on deposit accounts are often higher at credit unions than on loans and other types of financing. You'll spend less on borrowing as a result.
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What is the purpose of assessment planning?.
Your assessment project will be guided by a framework provided by an assessment plan, ensuring that everyone is aware of their individual responsibilities and the overall timeline.
What is the primary objective of the examination?
The primary goal of assessment is to assist in determining which students have learning gaps and which remedial steps should be taken to close those gaps so that students can continue or improve their education.
What does a student get out of an assessment?
Students' motivation, learning, and grading should all be incorporated into assessment. Methods of assessment that have been thoughtfully designed provide useful data about how students learn. They let us know what understudies realized, how well they learned it, and where they battled.
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the sum of current account balances around the world. as noted in the lecture notes, the sum of current account balances across all world countries should equal zero. what does this sum actually equal for the year 2015
A country's international trade with the rest of the world is tracked by its current account balance of payments.
Briefing:-The current account records all transactions between resident and non-resident entities that involve economic values (aside from those involving financial items).
Why is the current account and capital account sum equal to zero?Due to their inherent balance, the current and capital accounts' combined total will always be zero. A current account surplus cancels out a capital account deficit. A country that exports goods and services will have a positive current account; however, if it imports foreign financial assets, it will have a negative current account.
Why can't all nations simultaneously have a current account surplus?High exports contribute to a current account surplus, but imports and domestic demand also play a role. A nation's significant current account surplus could be brought on by its domestic demand being comparatively weak.
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when employees whow rok for marylands motor vehicles administration administer the skills test required for indivudals
When workers with Maryland's Motor Vehicle Administration conduct the necessary skills exam for people to earn a driver's license, these workers are carrying out their responsibilities, exercising discretion, and implementing public policy.
For testing in Maryland, you must provide a valid driver's license, current proof of insurance (coverage, card, or FR-19), and a valid vehicle registration card.
The above question is incomplete. The complete question is:
When employees who work for Maryland's Motor Vehicle Administration administer the skills test required for individuals to obtain a driver's license, these employees are-writing regulations, working in specialized facilities to avoid oversight from the state legislature, conducting "fire alarm" oversight, carrying out their responsibilities, exercising discretion, and implementing public policy.
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the expected return on karol co. stock is 16.5 percent. if the risk-free rate is 5 percent and the beta of karol co is 2.3, then what is the risk premium on the market portfolio?
The risk premium on the market portfolio, given the risk free rate and the beta, can be found to be 5%
How to find the risk premium?The risk premium on Karol Co. Stock, can be found by the Capital Asset Pricing Model or CAPM which gives the formula:
Expected return on stock = Risk free rate + ( Beta x Risk premium on stock)
The formula can then be rewritten to find the risk premiums:
16.5 % = 5 % + ( 2.3 x Risk premium)
2.3 x Risk premium = 16.5 % - 5%
Risk premium = 11.5 % / 2.3
Risk premium = 5%
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A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and that culminates in a cash budget, budgeted income statement, and budgeted balance sheet.
A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and that culminates in a cash budget, budgeted income statement, and budgeted balance sheet is master budget.
The lower-level budgets, cash flow projections, budgeted financial statements, and financial plans of an organisation are all included in the master budget, which is a thorough financial planning document. It is often created by a company's budget committee under the direction of the budget director.
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Which of the following are cash outflows from financing activities?(Select all that apply):-receive interestpay dividendspurchase of supplies;-repay borrowing from bankissue common stock
The cash outflows from financing activities payment of divided or pay dividends.
Cash outflows is referred to as the process of movement of cash outside the business, which is due to the various liabilities has during its course of operations.
The payment of dividend is a return on the share capital subscribed for and paid to its shareholders by a company.
The cash flow statement is important because it is used to measure the cash portion of the business, the inflow and outflow of cash and cash equivalents in the business for an accounting year.
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problem: report error how many ways are there to put $4$ balls into $3$ boxes, given that the balls can all be distinguished but the boxes are not distinguished? (thus, for example, putting all the balls in the first box is counted as the same outcome as putting all the balls in the second box.)
Regardless matter where another balls are, every one of the three boxes can be filled with any ball. There are 81 ways to do this, or 3 * 3 * 3 * 3.
What is the result process?If a program successfully met, you can tell from an outcome evaluation. An analysis of the process explains how and why. The products, activities, policies, etc practices of a program are described in a systematic review.
What are result objectives?Outcome goals concentrate on the conclusion of an activity, such as a competitive result like winning a game or a particular activity, like earning an olympic gold at the Olympic. In addition to an athlete's own efforts, achieving these goals also depends on their opponent's skill.
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shayna, a jewish woman, applied for a baker's job with the golden crust bakery. after she was hired, shayna told her manager at golden crust that she could not work on friday night because the sabbath begins on friday night. the manager replied that she was the only jewish baker, and all of the other bakers work on friday night. he also added that she would be fired if she refused to comply with company policies. which of the following is most likely to be true in this case?
To accommodate, or attempt to accommodate, is most likely to be true in this case.
Golden Krust Caribbean Bakery, Inc. is a Caribbean speedy informal eating place operator and manufacturer of Caribbean cuisine which includes Jamaican meals, Jamaican patty, and other baked goods. The parent organization is owned with the aid of the Hawthorne family, and the shops are franchised.
Golden Krust is the highest quality manufacturer and franchisor of Caribbean food offered in over 25,000 retail places and over one hundred twenty-five franchise restaurants in North the USA. We exist to provide the taste of the Caribbean to the world. The original bakery changed into shaped 30 years ago and exists these days.
The parent corporation is owned via the Hawthorne circle of relatives, and the stores are franchised. There are over 100 Golden Krust restaurants running in ten U.S. states: NY, New Jersey, Connecticut, Pennsylvania, Georgia, Florida, Maryland, North Carolina, Massachusetts, and Texas.
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TRUE/FALSE. the manufacturing segment of the business plan should identify key personnel, their responsibilities and their positions, and career experience that qualifies them for those particular roles.
It is false that the manufacturing segment of the business plan should identify key personnel, their responsibilities and their positions, and career experience that qualifies them for those particular roles.
What is a Business Plan?A business plan is a formal written document that outlines the objectives of the company, how they will be reached, and when they will be accomplished.
A solid business plan helps an individual at every step of beginning and running your company. The business plan will act as a road map for how to set up, manage, and expand your new company. It's a means to consider and describe all the important aspects of how the firm will function.
In conclusion, a business plan is a document that specifically outlines the goals and objectives of an organization. A business plan outlines a documented strategy for the company's operations, finances, and marketing.
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Answer:
Explanation:true
patel paving collected $1,000 cash in advance from a customer to provide paving services next month. the entry to record this cash receipt would include the following entries? (check all that apply.)
Debit to cash Credit unearned paving fees patel paving collected $1,000 cash in advance from a customer to provide paving services next month.
What are considered as services?Services are deeds or deeds that someone performs on your behalf. As you don't receive anything tangible or acquire ownership of the actions conducted, services are intangible property. The buyer of a service receives something they require but does not acquire any movable, immovable, or fixed property.
What are the basic service?The term "basic services" refers to all services that are required to sustain life. Only a few of the services mentioned include sewage, gas, sanitation, municipal organizations, office buildings, hospitals, schools, banks, post offices, & telegraphs.
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What is the best software to use for tax preparation?.
Turbo tax is the best software to use for tax preparation.
The best tax preparation software is TurboTax. They assist you after submitting your taxes if you want to track your refund, check the status of your e-file, make changes to a tax return, and much more. They have some extremely nice options for tax filing.
Michael A. Chipman of Chipsoft created TurboTax in 1984, and Intuit acquired it in 1993. Due to its shady business tactics and political connections, the corporation has generated criticism.
The manufacturer of TurboTax, Intuit, has actively opposed the Internal Revenue Service (IRS) from establishing its own online tax filing system, similar to those that are used by the majority of other wealthy nations.
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describe the factors associated with maintenance costs incurred by employing an enterprise resource planning (erp) system. more than one answer may be correct.
The Benefits Of enterprise resource planning (ERP) system:
1. System complexity: The more complex the ERP system, the more costly it will be to maintain.
2. Length of the contract: Longer contracts typically incur higher maintenance costs.
3. Training costs: Employees need to be trained to use and maintain the system, which can be costly.
4. System upgrades: Over time, the system will need to be upgraded, which can be expensive.
5. Vendor support: Many ERP systems require vendor support, which can be costly.
6. System customization: Customizing the system to fit the company’s needs can be expensive.
7. System scalability: The system must be able to scale to fit the company’s changing needs, which can be costly.
What is ERP?
The integrated management of key business processes, frequently in real time, is known as enterprise resource planning (ERP). ERP is typically referred to as a class of business management software that allows an organisation to gather, store, manage, and interpret data from numerous business activities. It is typically a suite of integrated applications. ERP systems may operate locally or in the cloud. Due to the ease with which information is now accessible from any location with Internet access, cloud-based applications have increased in popularity in recent years. On-premise ERP systems from the past are now viewed as outdated technology.
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a large, family-owned dairy farm operating in the western part of virgina is preparing its annual tax return, and the cfo's objective to pay as little tax as possible while not violating tax laws. how would you expect the cfo to calculate depreciation expense
Annual tax return is a document which states the income and expenses of a certain firm or individual and it is given to the tax department for further checking.
Depreciation expenses is the decrease in the cost of an asset that has appeared over a period of time because of its use. Any expense that is related to a certain asset is included to calculate the depreciation expense.
Depreciation expense: Cost of the asset - residual value/ total units expected to be produced * actual units produced
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It would be suitable to compute the depreciation using the "Double declining balance" depreciation technique to achieve the CFO's goal of paying the least amount of tax while compiling the company's annual tax return.
Depreciation expenses are the decrease in the cost of an asset that has appeared over a period of time because of its use. Any expense that is related to a certain asset is included to calculate the depreciation expense.
When using the Double Declining Method, the depreciation is calculated at a rate that is double that of the Straight Line Method, which results in the highest Depreciation Expense. The highest allowed depreciation expense will lead to a smaller net income and, thus, a lower tax burden.
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Which of the following would be considered appropriate methods for a firm to use when engaging in the request for proposals (RFP) process?
- The buying firm posting its RFP needs on its own website
- Contacting consumers and asking for their specifications
- Copying the competitors' specifications
- Contacting potential suppliers directly
Answer: -The buying firm posting its RFP needs on its own website
- Contacting potential suppliers directly
The buying firm posting its RFP needs on its own website would be considered appropriate methods for a firm to use when engaging in the request for proposals (RFP) process.
An RFP is a business document that the outlines a project, requests process for its completion from the competent contractors, and announces the project. RFPs are the preferred method of project initiation by the majority of the organisations, including many governments firm. a request for proposals, or RFP. The purpose makes the most impact. When you are certain of the goods or services you require and require simply the cost information.
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true or false: despite the accusations of fraud and mutual fund scandals in the first part of the 21st century and poor fund performance during the 2008 crises and 2020 pandemic, mutual funds are still the investment of choice for many investors.
True, Mutual funds are still the preferred investment for many investors, despite allegations of fraud, mutual fund scandals in the early part of the twenty-first century, and poor fund performance during in the financial crisis of 2008 and the pandemic of 2020.
What is Mutual fund?
A mutual fund is a professionally managed investment vehicle that pools money from several investors to purchase securities. The term is frequently used in us, Canada, as well as India, while open-ended investment companies (OEIC) in the UK and SICAV in Europe are other nations with institutions that are similar. Mutual fund investments are frequently divided into money market funds, bond and fixed income funds, stock and equity funds, and hybrid funds based on their primary investments. As an alternative, funds can be divided into actively managed funds, which aim to overperform stock market indices and yet typically charge higher costs, and index funds, that are passive funds that track the performance of a particular index, such as the stock market index as well as a bond market index.
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a statement that may exist within a waiver that releases the instructor from liability due to any negligence is known as a(n):
A statement that may exist within a waiver that releases the instructor from liability due to any negligence is known as a(n) Exculpatory clause.
An exculpatory clause is part of a contract that stops one party from conserving the alternative party accountable for damages associated with the agreement. Exculpatory clauses are used pretty regularly in purchases such as the ones included with an amusement park or aircraft price ticket.
The general rule is that exculpatory clauses are enforceable if they are affordable. they are not legitimate if they are unconscionable or unreasonable. additionally, they can't excuse liability from damage that's triggered intentionally or recklessly.
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in performing accounting services for small businesses you encounter the following situation pertaining to cash sales
In performing accounting offerings for small businesses, you come across the following situations pertaining to cash sales. 1. Poole Company enters sales and income taxes one after the other in its money register.
On April 10, the register totals are income $30,000 and sales taxes $1,500.
What are the accounting services?Income tax training and compliance. Income tax planning and consulting. Monthly, quarterly, and annual monetary reporting statements. Implementation of new accounting software packages. Bill paying services.
What is the function of accounting services?The important function of an accountant is to collect, analyse, document and record the financial records of a company or an individual. They ensure that a company complies with all the government policies and regulations. An accountant additionally helps analyse monetary records to make data-driven commercial enterprise decisions.
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https://brainly.com/question/14941603#SPJ4economists estimated that the price elasticity of soda is -0.5 and the income elasticity of soda is -0.09. this means that g
Answer:When Economists estimated that the cross-price elasticity of demand for beer and wine is -0.83 and the income elasticity of wine is 5.03 they meant that because beer and wine are substitutes and wine is a luxury good.
The cross elasticity of demand, also known as the cross-price elasticity of demand, in economics quantifies the relationship between the percentage change in the quantity of a commodity sought and the percentage change in the price of another good, ceteris paribus. The quantity of an item is actually reliant on both the price of "related" products as well as the good's own price (price elasticity of demand). A positive cross elasticity indicates that two items are substitutes, whereas a negative cross elasticity indicates that two products are complements.
Explanation:
While at this same store, your mom is picking you a sweatshirt from the company that was originally called knickerbocker knitting company. What is this company called?.
The organization is formerly known as the Knickerbocker Knitting Company.
What is the organization?A company, institution, association, or another type of entity made up of one or more people serving a specific purpose is referred to as an organization or organization. The word is derived from the Greek word organon, which also refers to an organ and various tools or instruments.
In Rochester, New York, in 1919, Simon Feinbloom and his sons William and Abraham founded the business. The business was formerly known as the Knickerbocker Knitting Company.
Therefore, The organization is formerly known as the Knickerbocker Knitting Company.
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In FILL IN THE BLANK, the salesperson recites or even reads a stock message, with no regard for the customer's unique circumstances. canned sales pitch.
In canned sales pitch the salesperson recites or even reads a stock message, with no regard for the customer's unique circumstances. canned sales pitch.
A customer is the recipient of a terrific, carrier, product or an concept - obtained from a supplier, vendor, or dealer thru a monetary transaction or exchange for cash or some different precious attention.
A purchaser is generally described as someone who buys an awesome, product, or carrier. extra particularly, clients are humans or groups presently purchasing, have bought, or can be inquisitive about buying a services or products from another man or woman or agency.
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