crm systems incorporate solicitation, sales, relationship management, and customer support applications. true or false

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Answer 1

true. CRM systems incorporate solicitation, sales, relationship management, and customer support applications. Customer Relationship Management (CRM) systems include various applications such as solicitation, sales, relationship management, and customer support.

Systems for managing customer relationships (CRM) give firms the ability to control interactions with clients and prospects. CRM systems come with a range of applications that are intended to boost customer happiness, optimize corporate operations, and improve the customer experience. A CRM system's key features include solicitation tools for finding and attracting new clients, sales applications for managing the sales process and keeping tabs on leads and deals, relationship management tools for nurturing current clients and fostering lasting relationships, and customer support tools for giving clients prompt, efficient support. CRM solutions enable organizations to create individualized experiences, better understand customer wants and preferences, and ultimately boost customer loyalty and retention.

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whole fruits market took the following actions to improve internal controls. for each of the following actions, identify the internal control principle the company followed.

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Identify the internal control principle the company followed the company's suppliers cannot be paid by the recordkeeper. Separate asset custody from recordkeeping. Access is the restricted to only authorized employees using personal ID cards. Use the technical restraints.

Employees cannot consent to the payment for the inventory they are proposing to buy. Distribute accountability for connected acts Each cashier has a dedicated cash drawer that they are only in charge of managing. establish accountability purchased a bonding (insurance) policy to cover losses due to cashier theft. Bond key workers and insure assets. The internal controls are frequently assessed by external auditors. The conduct frequent, impartial reviews

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The question is incomplete complete question is given below

1)The recordkeeper is not permitted to pay the company's suppliers.

2)Personal ID cards are used to limit access to only authorized employees.

3)Employees requesting purchases of inventory cannot approve payment for that inventory

4)Each cashier is designated a specific cash drawer and is solely responsible for cash in that drawer.

5)Purchased an insurance (bonding) policy against losses from theft by a cashier.

6)External auditors are regularly hired to evaluate internal controls.

In determining the optimal level of output, a firm should aim for the...
point where decreasing returns become negative returns
output level where fixed costs exceed variable costs
point of maximum profitability for the company
output level where marginal returns are still increasing

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In figuring out the most appropriate level of output, a firm need to goal for the factor of maximum profitability for the company





financial profit is maximized at the output stage at which the slopes of the overall sales and overall price curves are same, furnished that the firm is covering its variable cost. to use the marginal decision rule in earnings maximization, the company produces the output at which marginal cost equals marginal revenue.The earnings-maximizing choice for a wonderfully competitive firm will arise at the extent of output wherein marginal sales is identical to marginal cost—that is, where MR = MC.


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Final answer:

The optimal level of output for a firm is the point of maximum profitability, which is found where marginal cost equals marginal revenue.

Explanation:

In determining the optimal level of output, a firm should aim for the point of maximum profitability for the company. This level is obtained where marginal cost equals marginal revenue (MC=MR). In this situation, the firm maximizes its profits as it is able to sell its output at the highest possible price that exceeds its marginal cost.

Points where decreasing returns become negative or where fixed costs exceed variable costs do not necessarily represent the optimal output level. Similarly, output levels where marginal returns are still increasing may be suboptimal if they are below the level where MC=MR.

A real-world example could be a shoe manufacturing company, they would aim to produce and sell at a level where their cost per shoe (MC) equals the extra revenue from selling an extra shoe (MR) to maximize their profitability.

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in today's competitive job market, the emphasis of the job search is on what the applicant wants and needs. true or false

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False. The focus of the job search is as to what the candidate wants and needs in today's competitive work market.

Which is the one form of resume that every job seeker in the current market has to have?

chronologic resume The majority of hiring managers favor this format, which is the most prevalent. Your job history, that should list your present and past employment in reverse chronological order, comes first on a chronological resume.

What qualities do candidates seek in a position?

Major factors for professionals when selecting a career in a company include a higher pay, a safe working environment, flexibility, internal mobility, added insurance health coverage, paid leave, and benefits like a membership to a fitness center.

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The nurse is teaching a newly diagnosed client about systemic lupus erythematosus(SLE). What statement by the client indicates the teaching was successful?
a) "The belief is that it is an autoimmune disorder with an unknown trigger."
b) "This disorder is more common in men in their thirties and forties than in women."
c) "SLE has very specific manifestations that make diagnosis relatively easy."
d) "The symptoms are primarily localized to the skin but may involve the joints."

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The statement by the client indicates the teaching was successful  are"The symptoms are primarily localized to the skin but may involve the joints." (D)

Systemic lupus erythematosus (SLE) is an autoimmune disorder that primarily affects the skin and joints. It is usually characterized by a butterfly rash, which is a red, scaly rash that covers the cheeks and bridge of the nose.

It can also cause joint pain and swelling, fatigue, and sensitivity to light. This indicates that the teaching was successful, as the client has demonstrated an understanding of the primary symptoms of SLE. (D)

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If explicit costs equal $157,000, implicit costs equal $95,000, and accounting profit equals $23,000, it follows that total revenue equals conomic profit equals ____a. 75,000; 517,000 b. 5180,000; -$72,000 c. $68,000; $25,000 d. 5118,000; -572,000 e. There is not enough information given to answer this question

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The total revenue equals $180,000 and the economic profit equals -$72,000.

What is Accounting?

Accounting is the process of identifying, measuring, recording, and communicating financial information about a business or organization to various stakeholders, including management, investors, creditors, and government agencies. Accounting provides information about the financial performance and position of the entity, and helps stakeholders make informed decisions about investing, lending, or managing the business. The main functions of accounting include financial reporting, bookkeeping, auditing, tax compliance, and financial analysis. Accounting information is typically presented in financial statements such as the balance sheet, income statement, and cash flow statement.

Accounting profit can be calculated as: Total revenue - Explicit costs

$23,000 = Total revenue - $157,000

Total revenue = $180,000

Economic profit equals total revenue minus total cost, where total cost equals explicit costs plus implicit costs:

Economic profit = Total revenue - Total cost

Economic profit = Total revenue - (Explicit costs + Implicit costs)

Economic profit = $180,000 - ($157,000 + $95,000)

Economic profit = $180,000 - $252,000

Economic profit = -$72,000.

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11) your friend jamal is 14 and wants to begin investing. he has taxable income from working at his uncle's sporting goods store. what type of account would you advise him to open?

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As per the given question, Jamal is 14 years old and wants to start investing. He also has taxable income from his job in his uncle's sporting goods store. Given the scenario, the account that would best suit Jamal's needs would be a custodial account.

Custodial accounts

Custodial accounts are investment accounts opened by parents or guardians on behalf of minors. The money and other assets in the account are considered the property of the minor, but the custodian is in charge of managing the account until the minor reaches the age of majority in their state. The custodian can be anyone, but it is usually a parent or guardian.

They make investment decisions on behalf of the minor and control the account until the child turns 18 or 21, depending on the state. After that, the account is transferred to the minor's name and the child gains full control over it. There are several advantages to a custodial account. First, it is an excellent way for young people to learn about investing and how the stock market works. Second, the account can provide tax benefits for both the child and the custodian. Finally, it is a great way to save money for a child's future education expenses.

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Which of the following choices will help you score better (that is, as more secure) on a security self-assessment? accessing corporate applications directly rather than via a VPN setting your home wireless router's encryption method to WPA2 utilizing the default name and password on your home wireless router checking email while using a free, public wireless network

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To score better on a security self-assessment, it is recommended to:

Access corporate applications via a VPN and Set your home wireless router's encryption method to WPA2.

How to score better on a security self-assessment

To score better on a security self-assessment, you should set your home wireless router's encryption method to WPA2. Accessing corporate applications directly rather than via a VPN, utilizing the default name and password on your home wireless router, and checking email while using a free, public wireless network are all potential security risks.

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_____ refers to work that is conducted in a remote location where the employee has limited contact with peers but is able to communicate electronically.
A. Blended learning
B. Telecommuting
C. Cloud computing
D. Teleimmersion

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Telecommuting refers to work that is conducted in a remote location where the employee has limited contact with peers but is able to communicate electronically.The option B is the correct answer.

What is Telecommuting?

Telecommuting refers to work that is conducted in a remote location where the employee has limited contact with peers but can communicate electronically. Telecommuting, also known as teleworking, is a form of remote work that allows individuals to work from their homes, coffee shops, or any other location of their choosing.

It is a fantastic way for people to save time and money by avoiding the daily commute while still getting the job done. Other possible options to this question are Blended learning, Cloud computing, and Tele immersion. Blended learning refers to the combination of traditional classroom instruction with online learning.

Cloud computing is a method of storing and accessing data and applications over the internet. Tele-immersion is a type of virtual reality technology that allows people to interact with a remote location as if they were there. The option B is the correct answer.

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Fill in the blanks: For business-to-business sales teams, an ideal customer profile usually identifies ________. For sales teams who sell directly to consumers, an ideal customer profile identifies ________.

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For business-to-business sales teams, an ideal customer profile usually identifies a target company's specific needs and potential value as a customer. For sales teams who sell directly to consumers, an ideal customer profile identifies a target audience's demographic, psychographic, and behavioral traits.

What is an ideal customer profile? An ideal customer profile (ICP) is a comprehensive description of a company's perfect customer. It includes a wide range of attributes, including demographic, psychographic, and behavioral characteristics, which are used to create a company's target audience. The profile identifies the characteristics of the ideal customers, which can then be used to identify potential customers that match the profile.An ICP for business-to-business sales teams is typically focused on identifying the specific needs of a target company and determining its potential value as a customer. The profile includes information such as company size, industry, location, revenue, and other relevant metrics, which can help sales teams determine whether a particular company is a good fit for their products or services. They can use this information to customize their pitch to the company's specific needs. On the other hand, for sales teams who sell directly to consumers, an ICP typically identifies the demographic, psychographic, and behavioral traits of a target audience.

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anations are not required. intory More Info Jan. 2 Manchester buys $23,000 worth of inventory on account with credit terms of 3/15, n/45, FOB shipping point. 5 Manchester pays a $120 freight charge. 7 Manchester returns $6,400 of the merchandise due to damage during shipment 14 Manchester paid the amount due, less return and discount. did the Print Print Done Done ck Chbor Consider the following transactions for Manchester Drug Store: Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Manchester? Date Credit Jan. 14 Accounts Accounts Payable Cash Merchandise Inventory Debit 16,600 16,102 498 Requirement 2. In the final analysis, how much did the inventory cost Manchester? The inventory cost for Manchester is $ Enter any number in the edit fields and then click Check Answer.

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In the final analysis, the inventory cost for Manchester is $22,880.

Inventory purchases are inventory-related transactions in which goods are acquired by a company for the purpose of resale to customers.

Inventory purchases are journalized by debiting the Purchases account and crediting the Accounts Payable account or Cash account.

The journal entries for Manchester's purchase transactions are as follows:

Jan. 2: Purchased inventory worth $23,000 on account with credit terms of 3/15, n/45, FOB shipping point.

Accounts Payable (23,000) Debit Purchases (23,000) Credit

Jan. 5: Freight charge of $120 paid. Accounts Payable (120) Debit Cash (120) Credit

Jan. 7: $6,400 worth of inventory returned due to damage during shipment.

Accounts Payable (6,400) Credit Merchandise Inventory (6,400) Debit

Jan. 14: The amount owed, less return and discount, was paid. Cash (16,102) Debit Accounts Payable (15,680) Debit Purchases Discount (422) Debit Merchandise Inventory (22,880) Credit

Therefore, the inventory cost for Manchester is $22,880.

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In working with Schedule M-2 (analysis of unappropriated retained earnings per books) of Form 1120, which of the following is an addition to beginning retained earnings?a. Cash dividends.b. None of the above.c. Net income per books.d. Property dividends.e. Net loss per books.

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The correct answer is C Net income per book. In working with Schedule M-2 of Form 1120, an addition to beginning retained earnings is the Net income per book.

Schedule M-2 is a supplemental schedule that reports information regarding the corporation's accumulated earnings and profits (E&P) balance.

This schedule is only required if the corporation had E&P at the end of the year, and it is completed as a continuation of the corporation's balance sheet, which is part of Form 1120.

The purpose of this schedule is to explain the difference between the corporation's beginning and ending retained earnings reported on its balance sheet.

If the difference between beginning and ending retained earnings is the same as the corporation's E&P balance, then Schedule M-2 will reconcile the difference.

When it comes to working with Schedule M-2 of Form 1120, Net income per book is an addition to beginning retained earnings.

Hence, option c is the correct answer.

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all accounts that appear in the balance sheet, including retained earnings, are permanent accounts, and we carry forward their balances from period to period. group startstrue or falsetrue, unselectedfalse, selected

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True. All accounts that appear in the balance sheet, including retained earnings, are permanent accounts, and we carry forward their balances from period to period.

A balance sheet is a financial statement that summarizes a company's assets, liabilities, and equity. The balance sheet is a snapshot of the company's financial position at a single point in time, detailing what the company owns (assets), what it owes (liabilities), and the value of shareholder equity.

Balance sheet accounts are classified into two categories: permanent accounts and temporary accounts. The accounts that appear in the balance sheet are permanent accounts, while the accounts that appear in the income statement and statement of cash flows are temporary accounts.

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Use the supply and demand model to explain what happens to the equilibrium price and the equilibrium quantity for the product in the following cases, be sure to identify and explain the determinant that is charging provide a step by step explanation and provide a sketch with only one curve shifting Scenarios to analyze follow. All scenarios start from the initial conditions of 10 iced lemonades being sold selling at SA per red Solo cup. Students may make up all other numbers. Make up reasonable shifts and numbers. The relevant market for each scenario is the iced lemonade market. See an example after the scenarios. a) Portia, seeing Leander's success in selling iced lemonade, and opens her own lemonade stand three houses down the street. b) McHades, the local fastfood restaurant a couple blocks away, raises the price of its Iced sweet te c) Dr. Zeus warns that the acid in lemonade will ruin your teeth if you also drink a lot of coffee. d) Ganymede, Partia's business advisor, tells Portia that tomorrow will be cold, windy, and wet compared to today. e) Old lady Diana, Portia's neighbor offers both Leander and Portia free lemons from her lemon tree. f) At noon, a new family, the Dionysii, are moving into the neighborhood. This new family has 8 kids, six years to twelve years old--all thirsty! 8) Leander's mom, Gaia, brings out the blender to help Leander make more iced lemonade more quickly. h) Portla's neighbor, Ajax, is given $20 by his father Prometheus, to treat the neighborhood kids to iced 1) As everyone knows, peanuts are a great food to consume along with iced lemonade Hermes Food Delivery service is running a special 4-bags-of-peanuts per dollar ---down from 1-bag-of-peanuts per dollar 1) The local city license Inspector. Lyssa, imposes a $1 tax on lemonade stands lemonade.

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For the given cases, using supply and demand models gives: a) equilibrium price decreases and equilibrium quantity increase, the changing determinant is supply.

b) equilibrium price increases and equilibrium quantity increases, the changing determinant is demand.

c) equilibrium price decreases and equilibrium quantity decrease , the changing determinant is demand.

d) equilibrium price decreases and equilibrium quantity decreases, the changing determinant is demand.

e) equilibrium price decreases and equilibrium quantity increases , the changing determinant is supply.

f) equilibrium price increases and equilibrium quantity increases , the changing determinant is demand.

g) equilibrium price decreases and equilibrium quantity increases , the changing determinant is supply.

h) equilibrium price increases and equilibrium quantity increases , the changing determinant is demand.

i) no impact on equilibrium price and equilibrium quantity.

j) equilibrium price decreases and equilibrium quantity decreases, the changing determinant is demand.

In the supply and demand model, the equilibrium price and equilibrium quantity of a product are determined by the interaction between the demand for the product and the supply of the product. When the demand for the product increases, the equilibrium price will rise and the equilibrium quantity will also rise. Conversely, when the supply of the product increases, the equilibrium price will fall and the equilibrium quantity will also increase.

a) Portia, seeing Leander's success in selling iced lemonade, and opens her own lemonade stand three houses down the street. This would cause an increase in the supply of iced lemonade, leading to a decrease in the equilibrium price and an increase in the equilibrium quantity. The determinant that is changing is the Supply.

b) McHades, the local fast food restaurant a couple blocks away, raises the price of its Iced sweet te. This would cause an increase in the demand for iced lemonade, leading to an increase in the equilibrium price and an increase in the equilibrium quantity. The determinant that is changing is the Demand.

c) Dr. Zeus warns that the acid in lemonade will ruin your teeth if you also drink a lot of coffee. This would cause a decrease in the demand for iced lemonade, leading to a decrease in the equilibrium price and a decrease in the equilibrium quantity. The determinant that is changing is the Demand.

d) Ganymede, Partia's business advisor, tells Portia that tomorrow will be cold, windy, and wet compared to today. This would cause a decrease in the demand for iced lemonade, leading to a decrease in the equilibrium price and a decrease in the equilibrium quantity. The determinant that is changing is the Demand.

e) Old lady Diana, Portia's neighbor offers both Leander and Portia free lemons from her lemon tree. This would cause an increase in the supply of iced lemonade, leading to a decrease in the equilibrium price and an increase in the equilibrium quantity. The determinant that is changing is the Supply.

f) At noon, a new family, the Dionysii, are moving into the neighborhood. This new family has 8 kids, six years to twelve years old--all thirsty! This would cause an increase in the demand for iced lemonade, leading to an increase in the equilibrium price and an increase in the equilibrium quantity. The determinant that is changing is the Demand.

g) Leander's mom, Gaia, brings out the blender to help Leander make more iced lemonade more quickly. This would cause an increase in the supply of iced lemonade, leading to a decrease in the equilibrium price and an increase in the equilibrium quantity. The determinant that is changing is the Supply.

h) Portla's neighbor, Ajax, is given $20 by his father Prometheus, to treat the neighborhood kids to iced lemonade. This would cause an increase in the demand for iced lemonade, leading to an increase in the equilibrium price and an increase in the equilibrium quantity. The determinant that is changing is the Demand.

i) As everyone knows, peanuts are a great food to consume along with iced lemonade Hermes Food Delivery service is running a special 4-bags-of-peanuts per dollar ---down from 1-bag-of-peanuts per dollar. This would not affect the equilibrium price or equilibrium quantity of iced lemonade.

j) The local city license Inspector. Lyssa, imposes a $1 tax on lemonade stands. This would cause a decrease in the demand for iced lemonade, leading to a decrease in the equilibrium price and a decrease in the equilibrium quantity. The determinant that is changing is the Demand.

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Florals is a popular retail chain specializing in women's lingerie and perfume. It designs and sources its own private-label merchandise that is sold in the store. Therefore, Florals is practicing?

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Florals is a popular retail chain specializing in women's lingerie and perfume. It designs and sources its own private-label merchandise that is sold in the store. Therefore, Florals is practicing Backward integration.

What is Backward integration?

Backward integration is a type of vertical integration where a company takes on responsibilities that were previously handled by companies higher up the supply chain.

In other terms, backward integration occurs when a business acquires a supplier of goods or services for its own operations.

Although companies frequently carry out backward integration through the acquisition or merger of these other firms, they can also create their own subsidiary to carry out the process.

When a corporation owns each step of the manufacturing procedure, from raw materials to completed products or services, this is referred to as complete vertical integration.

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A paper company located on the banks of a river discharges its treated wastewater into the river.
Which of the following would be the best location to obtain a water sample from to determine if the paper plant is affecting the acidity of the river?
A. At an upstream tributary to the river
B. Immediately downstream from the paper plant
C. Immediately upstream from the paper plant
D. At a downstream tributary to the river

Answers

Immediately downstream from the paper plant would be the best location to obtain a water sample from to determine if the paper plant is affecting the acidity of the river. Hence, option b is correct.

What is acidity of the river?

Acidity is a measure of the river water's capacity to neutralize alkali, measured in units of pH. The pH of a liquid reflects the number of hydrogen ions present in the water.

The pH scale ranges from 0 to 14, with a pH of 7 being neutral. pH values lower than 7 are acidic, and pH values higher than 7 are basic.

Immediately downstream from the paper plant would be the best location to obtain a water sample from to determine if the paper plant is affecting the acidity of the river.

This is because water samples taken immediately downstream of the paper plant will indicate whether or not the plant has had an impact on the acidity of the river.

Hence, option b. Immediately upstream from the paper plant is correct.

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according to the lord in doctrine and covenants 101, why were the saints forced to leave jackson county, missouri?

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According to Doctrine and Covenants 101, the saints were forced to leave Jackson County, Missouri, because of persecution and violence from their non-Mormon neighbors. The revelation, which was received by Joseph Smith in 1833, describes how the saints were driven from their homes and lands and forced to flee to neighboring counties.

The specific reasons for the persecution and violence are described in the revelation as follows:

The non-Mormon settlers resented the growing numbers of Mormon immigrants in Jackson County, which they saw as a threat to their political and economic power.

The Mormons were accused of being abolitionists and of seeking to incite slave insurrections, which led to tensions with pro-slavery factions in the area.

The Mormons' religious beliefs and practices were viewed as strange and heretical by their non-Mormon neighbors, which fueled hostility and distrust.

Despite efforts to negotiate with their neighbors and appeal to local authorities for protection, the saints were ultimately forced to leave Jackson County and establish a new settlement in Clay County, Missouri. The events in Jackson County became a defining moment in early Mormon history and contributed to a legacy of persecution and exile that continued throughout the 19th century.

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In variable costing, fixed costs do not become part of the cost of goods manufactured, but are considered an expense of the period. True False

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In variable costing, fixed costs do not become part of the cost of goods manufactured, but are considered an expense of the period. This statement is true.

What is variable costing? Variable costing is a method of accounting for manufacturing that assigns only variable costs to the cost of goods manufactured. Under variable costing, fixed costs are expensed as period costs on the income statement rather than being included in the cost of goods sold. As a result, variable costing is frequently referred to as direct costing since only direct production costs are assigned to the cost of a unit of product.

In variable costing, all production costs that vary with the level of production are included in the cost of goods sold, while fixed costs are expensed in the period incurred. As a result, the cost of goods manufactured (COGM) under variable costing will only include variable production costs (direct materials, direct labour, and variable overhead) and no fixed overhead will be added to the cost of goods manufactured. This makes sense since fixed overhead does not vary with the level of production and, as a result, should not be included in the cost of goods manufactured.

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why is it that, after getting caught by the feds. stealing from its customers, no one from wells fargo goes to jail?

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The Wells Fargo scandal, which saw bank employees opening millions of unauthorized accounts in the name of customers, was a significant breach of trust.

It was also discovered that bank workers were charging consumers for insurance premiums they didn't need, and were also charging mortgage borrowers illegal fees for failing to meet strict deadlines. Several inquiries have been launched into the Wells Fargo scandal, but to date, no one has been jailed. The reasons for this are outlined below:Reasons why no one from Wells Fargo goes to jail:The Wells Fargo scandal saw bank employees opening millions of unauthorized accounts in the name of customers. Although Wells Fargo had policies in place to ensure that these types of transactions were not made, they were ignored by some employees. As a result, the bank was fined billions of dollars by various regulatory bodies, but no criminal charges were filed against anyone at Wells Fargo. Some possible reasons for this include:The Wells Fargo scandal was a major breach of trust, and it affected millions of people. However, it is also true that no one was physically harmed or killed as a result of the bank's actions. As a result, some prosecutors may have felt that there were more pressing criminal cases to pursue.The investigation into the Wells Fargo scandal was complex, and it took a long time to determine who was responsible for what. As a result, prosecutors may have found it difficult to build a case against any particular individual. Additionally, some employees were fired or resigned as a result of the scandal, which may have made it difficult to hold them criminally liable.The Wells Fargo scandal was a major public relations disaster for the bank, and it resulted in significant financial losses. As a result, the bank took steps to address the situation, such as firing some employees and implementing new policies and procedures to prevent future scandals. Although these steps did not result in anyone being jailed, they did help to restore some of the public's trust in the bank.

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what denominator amounts does an analyst use to calculate the common size balance sheet and income statement?

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The common size balance sheet and income statement use a common denominator amount of 100 to calculate percentages.

This allows the analyst to make comparisons across various periods, companies, and industries.

The common denominator amount used to calculate the common size balance sheet and income statement is 100. This means that every item on the balance sheet and income statement is expressed as a percentage of 100. This allows the analyst to make comparisons across different periods, companies, and industries.

For example, if Company A's cash assets are 30% of its total assets, and Company B's cash assets are 40% of its total assets, then the analyst can see that Company B has a higher percentage of cash assets relative to its total assets.

This comparison could not be done if the items were not expressed as a percentage. Therefore, using a common denominator amount of 100 is essential to the analysis of common size balance sheets and income statements.

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what is the main purpose of risk identification in an organization? to create a business continuity plan (bcp) to create a disaster recovery plan (drp) to understand threats to critical resources

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The main purpose of risk identification in an organization is to understand threats to critical resources.

Risk identification refers to the process of identifying and evaluating potential risks to an organization's assets, processes, and operations. It is the first phase of the risk management process, and it is crucial to the success of risk management.

A risk identification program should include the following components: A framework for identifying and assessing risks. The methodology that is used to identify and assess risks. A systematic approach to identifying risks based on organizational goals and objectives. A procedure for reporting, tracking, and responding to identified risks.

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A company purchases merchandise for $600 plus a freight charge of $60 from a supplier, payment is due in 30 days. The $60 freight charge will be recorded as a (debit/credit)________to the__________ account in the amount of $60.

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A company purchases merchandise for $600 plus a freight charge of $60 from a supplier, payment is due in 30 days. The $60 freight charge will be recorded as a debit to the Merchandise Inventory account in the amount of $60.

The transportation expenses incurred by a company to get its merchandise to its destination are referred to as freight expenses.

The costs of shipping goods are referred to as freight charges. A freight charge is a fee that a transportation carrier imposes for delivering products or items from one location to another.

The freight charge is a transportation fee charged to the client by a carrier firm. The shipping cost is frequently determined by the freight carrier and the mode of transportation used for the shipment.

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Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You’ve got a really thin file -- just a year’s worth of student loan payments. The deal you saw was for ‘well qualified buyers.’ The best deal we can offer you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on credit history, so you don’t qualify for $500. That said, you’re excited about a Volkswagen, and I want to see you driving one, so I can do $400 for you"When Molly adds all her payments, how much will the car cost her?

Answers

Molly is excited to buy her dream car from her local Volkswagen dealership. When she sits down at the financing desk, she learns that she has a "thin file" credit history, which qualifies her for an interest rate of 6.6% for 60 months and a cash allowance of $400.

To calculate the total cost of the car, Molly needs to use the following formula: Total Cost = (Purchase Price + Interest) - Cash Allowance.

In this case, the purchase price of the car is the base price before taxes and other fees. The interest rate is 6.6%, and the cash allowance is $400. Therefore, Molly's total cost would be:

(Purchase Price + (Purchase Price * 0.066)) - $400

Using this formula, Molly can calculate the total cost of her dream car.

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Consumer wealth is defined as the total value of ______. a. assets minus the total value of liabilities b. all investments plus the money in the bank c. all investments plus the money in the bank d. minus debt total assets

Answers

Answer: A

Explanation:

Consumer wealth is defined as the total value of assets minus the total value of liabilities.

Therefore, the correct answer is a. assets minus the total value of liabilities.

Consumer wealth refers to the net worth of individuals or households, which is calculated by subtracting their total liabilities (such as mortgage, credit card debt, or loans) from their total assets (such as savings, investments, and property). This measure provides an indication of the financial health and overall economic well-being of consumers.

Answer: assets minus the total value of liabilities

Explanation:

T/F: Hofstede's power distance dimension focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities.

Answers

True. Hofstede's power distance dimension focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities.

This dimension was first introduced by Geert Hofstede in his book, "Culture's Consequences: International Differences in Work-Related Values". This dimension is based on the idea that power and inequality can be managed differently in different cultures. In societies with a high power distance, people tend to accept hierarchical structures and have a strong focus on respect for authority. In societies with a low power distance, people tend to be more equal in their relationships and are more likely to challenge authority. In Hofstede's model, the power distance dimension is based on the idea that people have different physical and intellectual capabilities. Those in power are expected to use their knowledge and power responsibly and fairly, while those in subordinate positions are expected to respect those in authority. Therefore, this dimension acknowledges the physical and intellectual inequality between people and seeks to manage it in a way that is fair and equitable.

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A short seller
Question 30 options:
1)anticipates that the price of the stock sold short will increase.
2)earns the difference between what they initially paid for the stock versus what they later sell the stock for.
3)makes a profit equal to the difference between the original sell price and the price paid for the stock, after subtracting any dividend payments made.
4)is essentially lending the stock to another investor and will ultimately receive that stock back from that investor.
5)none of the above

Answers

A short seller earns the difference between what they initially paid for the stock versus what they later sell the stock for. This statement is true and it is the correct answer.

Short selling is a trading strategy in which the seller sells the stock or security that they do not possess. They earn profits by selling the borrowed shares in the market at a high price, and then buying them back again at a lower price to replace the borrowed shares.This means that the trader who sold the shares does not actually own the stock, so they have to borrow it from a broker or other holder who owns the shares. They then sell the borrowed shares to someone else who is willing to pay a high price for the shares, hoping that the price will fall later on. They will then buy back the same amount of shares they borrowed at a lower price, return them to the original holder, and make a profit based on the difference between the initial selling price and the final purchase price.A short seller does not anticipate that the price of the stock sold short will increase because if that happens, they will be forced to buy back the shares at a higher price, resulting in a loss of money. A short seller also does not lend the stock to another investor and receive it back because the stock is borrowed from a broker or other holder, not another investor. After subtracting any dividend payments made, the short seller does not make a profit equal to the difference between the original sell price and the price paid for the stock because the price paid for the stock is not the price at which the shares were sold.

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The proportionality is a property of linear programming problems that plays a very important role. This property Please choose the option that best fit the empty space above. o states that the rate of change along the line are always the same. o can help us to understand the idea behind shadow prices (the resource's marginal value). o is intrinsically connected to the slope of the line o All of the above o None of the above

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(c) is intrinsically connected to the slope of the line.

Proportionality is a property of linear programming problems that states that the rate of change along the line is always the same, and it can help us to understand the idea behind shadow prices (the resource's marginal value). It is also intrinsically connected to the slope of the line.

Proportionality is a property of linear programming problems that play a very important role. It is intrinsically connected to the slope of the line. When the objective function is increased or decreased by a certain percentage, the optimal solution changes in the same proportion; this is the proportionality principle.

For example, if the objective function is to maximize profit, the proportionality principle implies that doubling all profits in the problem will result in a doubling of the optimal objective function value as well.

Linear programming, on the other hand, is a mathematical approach for optimizing a linear function, such as the cost function or the profit function, subject to a set of linear constraints. The shadow price, also known as the dual price, is an important concept in linear programming that represents the marginal value of a resource or a constraint.

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in the extended is-lm model. when x increases leading to a decrease in output, which one is a better policy tool? fiscal or monetary policy? why?

Answers

In the extended IS-LM model, when X increases leading to a decrease in output, the better policy tool is monetary policy, and not fiscal policy.

Why monetary policy?

In the extended IS-LM model, monetary policy is better than fiscal policy because its effects are more immediate and direct than those of fiscal policy. In the economy, there are two major policy tools used to manipulate the demand for goods and services.

Monetary policy is a better policy tool to stabilize output in the extended IS-LM model because its effects are more immediate and direct than those of fiscal policy. By adjusting the interest rates or reserve requirements, central banks can influence the aggregate demand for goods and services, which can help to stabilize output levels.

Conversely, fiscal policy can have delayed effects on the economy. Fiscal policy includes government spending, and it can take a while to implement such spending. Additionally, fiscal policy changes may require political consensus, which can be challenging to achieve quickly.

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A marketing strategy is selecting and describing one or more target markets that a company's product or service will identify for business opportunities. A target market is a defined group most likely to buy a company's products or services. This group usually has similar product needs, such as college students who usually have an appetite for affordable cars, technology products, dorm room goods, etc. Once a target market is identified by a company, a target market strategy needs to be created in order to decide on how to promote, communicate and reach the group. There are three ways that a firm can identify target markets.

Answers

There are three ways a firm can identify target markets: by analyzing consumer characteristics, examining existing customers, and researching competitors.

To successfully sell products or services, companies need to identify and understand their target market. One way to do this is to analyze consumer characteristics such as age, gender, income, and lifestyle. Another method is to examine existing customers and determine commonalities among them.

Additionally, researching competitors can provide insight into their target market and identify potential opportunities. Once a target market is identified, companies can create a marketing strategy to effectively promote and reach their audience through advertising, communication, and distribution channels.

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_____ allow companies to track the number of employees who have completed courses that are required to meet state, federal, or professional regulations (compliance training).a. Expert systemsb. Learning management systemsc. Intelligent tutoring systemsd. Supply chain systems

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In the following question, among the given options, option B). The "Learning management systems(LMS)" allows companies to track the number of employees who have completed courses that are required to meet state, federal, or professional regulations (compliance training)

What are Learning Management Systems (LMS)? A Learning Management System (LMS) is a web-based software system that enables organizations to deliver and manage employee training and development courses. Learning management systems can be used to track training, automate the training process, and evaluate employee progress in meeting compliance requirements.

LMS can also assist companies in developing tailored training programs for specific roles and skills, as well as allowing for tracking the success of the program over time.

The following are some of the advantages of utilizing an LMS: Streamlined training processesIncreased accessibility to informationIncreased consistency in training program evaluation of employee performance standardized training materialsImproved communication and reporting these are just a few of the advantages of using an LMS for employee training and development.

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When managers start talking about improving productivity, employees usually react _____.
a. in a positive way
b. with fear of unknown changes
c. with a desire for changes

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In the following question, among the given options, When managers start talking about improving productivity, employees usually react in a positive way.

What is productivity? The efficiency of an individual or system in transforming inputs into valuable outputs is referred to as productivity. Productivity improvement entails enhancing the ratio of output to input for the company as a whole or for an individual in terms of output. This may be achieved by a variety of methods, including increasing efficiency and effectiveness, reducing costs, and increasing innovation. You can also see in various literature that productivity is the backbone of the industry. When managers begin talking about productivity, it normally sends a positive signal to employees as the whole work environment is created with productivity as the top priority. Many organizations believe that increasing efficiency and productivity go hand in hand. And hence, if an employee is increasing his productivity in the workplace, then it will be beneficial for the organization too. In conclusion, when managers begin talking about improving productivity, employees usually react in a positive way.

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