Mistakes People Make Worksheet 3.9.2 List the 6 mistakes people make while making decisions and explain the mistake. Next, give an example of a decision that would illustrate the mistake. Lastly 1 Class Period: EXPLANATION Date: EXAMPLE WAS THERE A MORE RATIONAL DECISION?​

The risks involved in auditing financial investments, including  the auditors might need specialized skills is fraud risk.

An Investment is the dedication of an asset to gain an increase in value over a period of time. Investment needs a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset in a time period.

As a consequence of the constant corporate scandals linked to corruption as well as the emergence of new regulations worldwide, many executives recognize/identifies that the risk of fraud and irregular behaviors inevitably integrates their agendas, and they are fully aware of the need to create specific measures aimed at its timely and effective management.

Effective fraud risk management provides organizations the tools to manage risk in accordance with regulatory requirements, as well as with the needs of the business, the organization and market expectations.

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India has also maintained its comparative advantage in exporting pharmaceuticals and a wide range of manufactured goods over the past two decades. Although the criteria for becoming a manufacturing hub are changing, some manufacturing industries are likely to remain relatively unspoiled.

Manufacturing is the creation or production of goods using equipment, labor, machines, tools, and processing or chemical or biological formulations.

This is the nature of the secondary sector of the economy. The term can refer to a wide range of human activities, from craft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transferred. change. finished products on a large scale.

These goods may be sold to other manufacturers to produce other more complex products (such as airplanes, home appliances, furniture, sports equipment, or automobiles) or distribution through the tertiary sector to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then resell to individual customers)

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Answer:

true

Explanation:

Answer:

that is true

Explanation:

What it mean when someone states, "Those in public administration should have probity" is moral integrity.

Moral integrity can be defined as the ability of a person to always display ethical behavior by doing something good and right and avoiding unethical behavior.

A person with moral integrity possess moral principle and must be honest and trustworthy in their ways of life.

Therefore what it mean when someone states, "Those in public administration should have probity" is moral integrity.

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Claims 1 and 3 are consistent with the information that has been presented. Therefore, the solution that you should choose is option 3.

Only 2 follow Option C

This is further explained below.

Generally, Given the fact that no MBA graduate now holds the position of CEO, this demonstrates that statement 4 does not follow the information that has been shown, however, statement 3 does follow the information that has been presented.

Now, it is common knowledge that all CEOs also have managerial positions, but this does not necessarily imply that all managers also hold CEO positions. Therefore, assertion 2 does not make sense in light of the evidence presented.

Since we are aware that the vast majority of managers have an MBA degree, this lends credence to the assertion that some MBA graduates hold managerial positions. Therefore, it is safe to argue that assertion 1 is supported by the data presented here.

In conclusion, claims 1 and 3 are consistent with the information that has been presented. Therefore, the solution that you should choose is option 3.

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complete question is attached below

The amount of the stockholders' equity for ABX immediately after paying the fine for failing emission standards of $15,000 is $55,000.

stockholders' equity represents the interest of the owners in the entity.

stockholders' equity value is calculated as the difference between the company's assets and liabilities.

Assets = $100,000

Liabilities = $30,000

Equity before fine = $70,000 ($100,000 - $30,000)

Emission Fine = $15,000

Equity after paying the fine = $55,000 ($70,000 - $15,000)

Thus, the amount of the stockholders' equity for ABX immediately after paying the fine for failing emission standards of $15,000 is $55,000.

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Excel allows us to create our own formulas and functions to perform calculations and solve problems within the worksheet. This specific function will save time in using Excel spreadsheets by allowing the predefined formulas to help you quickly find a sum, average, count and maximum and minimum values, making the task faster and more dynamic.

Other excel functions that can be used regularly are date and time, being a predefined function that helps the user to return information in a cell from a date.

This software significantly helps in the organizational work routine, through numerous tools capable of organizing lists and tables with predefined functions capable of increasing the speed of work, combined with the reliability of the results.

Therefore, excel is one of the most used management tools due to the possibility of creating spreadsheets for a variety of purposes, as well as graphs and statistics that are essential for organizational decision-making.

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The first item belong on the statement of retained earnings is the ----beginning balance of retained earnings you are carrying over from the previous reporting period

What belongs on a statement of retained earnings?

Similar to  other financial statements, a retained earnings statement can be structured as an equation. Which  leads with the retained earnings reported from beginning of the period. Then, it's  lists balance adjustments based on changes in net income, cash dividends, and stock dividends.

Why retained earnings are liabilities?

Retained earnings are actually based on  a liability to a company because they're  a sum of money set aside to pay his stockholders in the event of a sale and  buyout of the business.

How are retained earnings used?

Retained earnings might be used to pay additional dividends, finance business growth, and  invest in a new product line, or even pay back a loan. Many  companies with a healthy retained earnings balance would  try to achieve  the right combination of managing shareholders happy while  financing the business growth.

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Complete Question

Identify which item belong on the statement of retained earnings

(A) Retained earning and cash

(B) Dividends and account payable

(C) Retained earning and dividends

(D) Service revenue and Wages expense

The determination of the gross profit for April and the ending inventory on April 30, using the three inventory costing methods, are as follows:

                                                               Gross Profit    Ending Inventory

(a) First-in, first-out (FIFO)                              $97                     $469

(b) Last-in, first-out (LIFO)                             $95                     $467

(c) Weighted average cost methods          $96                     $468

Inventory costing methods based on their cost flow assumptions are:

The FIFO method is a costing method that assumes that goods are sold chronologically as they are produced or bought.  Therefore, the cost of goods sold is the cost assigned to the earlier goods.

The LIFO method bases the cost of goods sold on the assumption that the latest goods produced or bought are sold first before the earlier ones.

Under the weighted average method, the cost of goods sold is based on a weighted average cost of all goods produced or bought during the period.

The ending inventory is the difference between the cost of goods available for sale and the cost of goods sold.

The gross profit is the positive difference between the sales revenue and the cost of goods sold.

                Item Beta         Units         Cost

April 2     Purchase              1            $233

April 15    Purchase              1              234

April 20   Purchase              1             235

Total                                     3           $702

Average cost per unit =  $234 ($702 ÷ 3 units)

Cost of goods sold = $233

Ending inventory = $469 ($702 - $233)

Gross profit = $97 ($330 - $233)

Cost of goods sold = $235

Ending inventory = $467 ($702 - $235)

Gross profit = $95 ($330 - $235)

Cost of goods sold = $234

Ending inventory = $468 ($702 - $234)

Gross profit = $96 ($330 - $234)

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Cost Flow Methods

The following three identical units of Item LO3V are purchased during April:

                Item Beta         Units         Cost

April 2     Purchase              1            $233

April 15    Purchase              1              234

April 20   Purchase              1             235

Total                                     3           $702

Average cost per unit =  $234($702 ÷ 3 units)

Answer:

Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes

Explanation:

The provided information suggests that Paoli Consulting, owned by Mary Paoli, prepared an end-of-period spreadsheet for the fiscal year ending on March 31, 20Y9. The spreadsheet likely includes various financial data, such as revenues, expenses, assets, and liabilities, to summarize the company's financial performance over the year.

The statement also mentions that during the same fiscal year, Paoli Consulting issued an additional $15,000 of common stock. Issuing common stock indicates that the company raised capital by selling ownership shares to investors.

This could be a strategic move to secure funds for business expansion, debt reduction, or other financial needs. The issuance of common stock affects the company's equity and may impact financial ratios and indicators. Overall, the end-of-period spreadsheet and the issuance of additional common stock provide insights into Paoli Consulting's financial activities and position for the specified period

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The preparation of an Income Statement, a Statement of Stockholders' Equity, and a Balance Sheet for Paoli Consulting for the Year Ended March 31, 2019, is as follows:

Paoli Consulting

For the Year Ended March 31, 2019

Fees Earned                                        $1,675,000

Salaries Expenses          950,000

Supplies Expenses           32,200

Depreciation Expenses    12,800

Miscellaneous Expenses 15,000       $1,010,000

Net Income                                           $665,000

Paoli Consulting

For the Year Ended March 31, 2019

Common Stock                                      $100,000

Retained Earnings                                1,860,000

Net Income                                             665,000

Dividends                                                (30,000)

Ending Equity                                    $2,595,000

Paoli Consulting

As of March 31, 2019

Assets

Current Assets:

Cash                                     $162,500

Accounts Receivable           304,500

Supplies                                    5,000       $472,000

Long-term Assets:

Land                                   1,400,000

Building                               850,000

Accumulated Depreciation (72,000)   $2,178,000

Total Assets                                         $2,650,000

Liabilities and Equity

Current liabilities:

Accounts Payable                                    $36,500

Salaries Payable                                         18,500

Total liabilities                                         $54,500

Equity:

Common Stock                $100,000

Retained Earnings         2,495,000 $2,595,000

Total liabilities and equity               $2,650,000

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Paoli Consulting

March 31, 20Y9

                                             Debit           Credit

Cash                                  $162,500

Accounts Receivable        304,500

Supplies                                 5,000

Land                                1,400,000

Building                            850,000

Accumulated Depreciation                     $72,000

Accounts Payable                                      36,500

Salaries Payable                                         18,500

Common Stock                                        100,000

Retained Earnings                                1,860,000

Dividends                           30,000

Fees Earned                                         1,675,000

Salaries Expenses          950,000

Supplies Expenses           32,200

Depreciation Expenses    12,800

Miscellaneous Expenses 15,000

Totals                        $3,762,000   $3,762,000

Prepare Income Statement, Statement of Stockholders' Equity, and a Balance Sheet for Paoli Consulting for the Year Ended March 31, 2019.

Answer: One employee approves and makes payments

Explanation: B is incorrect, its C believe me

If the board of directors tries to hold Kaleb personally liable for the loss they will not be successful, because Kaleb will be protected by the business judgment rule.

The business judgment rule is a rule enacted to prevent the board of directors or the owner of a company from frivolous lawsuits. The business judgment rule is well known in common law countries.

According to the  business judgment rule, the owner or the board of director cannot be taken to court if it is proven that the owner acted in good faith of their stakeholders.

Kaleb entered into the contract because he beleived that it would be a great deal and increase the shareholder's value by increasing the revenue of the company. The fact that the business earned a loss in the first year does not mean that Kaleb did not act in the best interest of the shareholders. Also, the fact that the business earned a loss in the first year does not mean that the business would not make profit in subsequent years.

 Here are the options:

A. they will not be successful, because Kaleb will be protected by the business judgment rule.

B. they will not be successful, because as CEO, Kaleb has the ultimate authority to make any decision he chooses about the company and cannot be held responsible even for a careless decision.

C. they will be successful, because Kaleb violated his duty of loyalty to the company.

D. they will be successful, because Kaleb violated his duty of care to the company

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Answer: A Decrease in the number of tapas sellers

Explanation:

Answer:

Explanation:

According to collect from the data

Let us assume that the data as followed by

When it comes to homeowner's insurance, there's no such thing as an option. It's not just for safety's sake; it also helps keep your family protected. Every lender wants to see proof of insurance coverage for the full or fair market value of a home (usually the purchase price) before they can issue or finance a mortgage or residential real estate transaction. Many landlords require renters to get renter's insurance, even if they don't own a home. Having this level of security is a good idea whether or not it is required. We'll go through the basics of homeowner's insurance coverage today.

Policies for homeowners frequently cover both the interior and exterior of a property, as well the loss or theft of private items and the owner's personal liability for third-party damage. In terms of coverage, the three primary options are: actual cash value (ACV), replacement cost (RCC), and combined ACV/RCC. If you submit a claim, your insurer determines how likely it is based on your claim history, the neighbourhood, and the current state of your home. When looking for insurance, seek quotes from at least five different companies and check with any insurers you already work with to see if they can offer you a better deal.

Explanation:

see in computer book u find their

Implanted microchips have been tested over long periods of time and are widely accepted as being safe.

A microchip is a set of digital circuits on one small flat piece of semiconductor material, normally silicon. A microchip is a unit of packaged pc circuitry  that is fabricated from a fabric including silicon at a totally small scale. Microchips are made for program common sense and for pc reminiscence.

In a semiconductor microchip, each little bit of binary information is saved in a tiny circuit known as a memory mobile consisting of one to several transistors. The microchips are specified in rectangular arrays on the surface of the chip. With one in 3 pets turning into misplaced at some degree, these tiny chips are your puppy's quality threat of being returned properly home in the event that they do move missing. At the same time as collars and tags can help reunite misplaced pets with their households they can without problems fall off or be removed, and tags can fade.

This tiny device can preserve computer memory and processors, or be used to behavior energy. You nearly actually use things that incorporate microchips just about every day, inclusive of calculators, financial institution ATMs, sure identification playing cards, cellular telephones, and televisions.

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1. If Gull Corporation elects under § 248 to expense and amortize organizational expenditures, the amount that may be deducted in 2021 is $54,000.

2.  If Gull Corporation elects under § 248 to expense and amortize organizational expenditures, the amount that may be deducted in 2021 is $63,000.

Organizational expenses are those incurred when a company is being set up or created.

The law allows corporations to expense their organizational expenses in the year they are incurred.

However, a corporation with a limited life can elect to amortize the organizational expenses for the life of its duration.

Expenses of temporary directors and organizational meetings $21,000

The fee paid to the state of incorporation 3,000

Expenses for printing and sale of stock certificates 11,000

Legal services for drafting the corporate charter and bylaws (not paid until January 2022) 19,000

Total organizational expenses = $54,000

Thus, Gull Corporation's deduction for organizational expenses for 2021 is $54,000 or $63,000 as the case may be.

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Answer:

True

Explanation: If you have energy then you can also manage the time you spend on things because you'll have the energy to do more things and you can do things efficiently

The senior history teacher is very aware of China's history and culture, steeped in suppression and oppression, at least for Westerners, rather than the famous Chinese culture of harmony, righteousness, honesty, and filial piety.

Chinese professed culture celebrates the Chinese contributions to the world in the areas of ceramics, architecture, music, literature, martial arts, cuisine, visual arts, philosophy, and religion.

Philosophically, the Chinese speak of harmony, benevolence, righteousness, courtesy, wisdom, honesty, loyalty, and filial piety.

But something that is missing in any discussion of Chinese culture is individual liberty.  Outsiders understand that China is a populous nation, perhaps, too difficult to be organized under other government systems other than Communism.

In the spirit of Communism, instead of Elitism, the Chinese authorities should help the individual citizens, notwithstanding their gender, to be accorded civil liberties, fundamental to human existence.

Thus, the Chinese people should realize that outsiders have not ganged up against them, rather they want to see improvements in upholding human rights, as culture is not all about arts but human life.

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The cash is excess available in month of September , October, November and December.

A cash budget is a projection of a company's cash flows over a given time frame. The budget in question can be for a week, month, quarter, or year. This budget is used to determine whether the entity has enough money to keep running for the specified period of time.

What role does the cash budget play?

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For the current year, the maximum percentage of Social Security benefits which might be included in a taxpayer's gross income is 85 percent

Do you include Social Security income in your gross income?

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The correct answer is A. In case of health savings account (HSA) you can use it to pay for prescription medicines.

Without incurring any federal tax burden or penalties, HSA funds can be used whenever necessary to cover eligible medical expenses. Since early 2011, over-the-counter pharmaceuticals could not be purchased with an HSA without the need for a prescription from a physician; however, effective of January 1, 2020, this restriction has been removed. The treatment of withdrawal for non-medical expenses is quite similar to that of withdrawals from an individualized retirement account (IRA), in that they may result in tax benefits if made after retirement age and penalties if made before. A part of consumer-driven healthcare is the accounts.

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The technology to access the instructional content is referred to as Instructional technology.

The process of utilizing technology in teaching is known as instructional technology. Additionally, it covers the creation, layout, and assessment of the instruments utilized in educational activities. The quick advancement of technology in general has led to the creation of instructional technology. A projector was first used in courses to display educational information to the pupils many years ago. In today's classrooms, interactive whiteboards, iPads, and cellphones are being used to supplement learning activities.

Enhancing the efficacy and efficiency of learning is the main goal of instructional technology. The technology is created and crafted to meet the demands of instructors and students. Technology for teaching is used for more than just supporting remote learning. Even when the epidemic is ended, technology may be utilized to improve offline class activities.

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If Aberdeen Corporation borrowed $125,000 from the bank on October 1Year.

A. Cash $0

B. Interest expense $2,500

C.Total liabilities  $127,500

D.Cash $130,000

E. Interest expense $2,500

A.  The  amount of cash that Abardeen pay for interest in year 1 is $0 because the interest matured on March 31, year 2.

B. The amount of interest expense was recognized on the years income statement is:

Interest expense=($125,000 x 8% x 3 months /12)

Interest expense=$2,500

C. The amount of total liabilities that was reported on the December 31, 2016, balance sheet is:

Total liabilities= $125,000 + $2,500

Total liabilities = $127,500

D. The total amount of cash that was paid to the bank on March 31, 2017, for principal and interest is:

Cash= $125,000 Principal +  ($125,000 × 8% × 6/12)] Interest

Cash= $125,000 Principal +$5,000 interest

Cash= $130,000

E. The amount of interest expense that was reported on the 2017 income statement is:

Interest expense=$125,000 × 8% ×3/12

Interest expense=$2,500

Therefore If Aberdeen Corporation borrowed $125,000 from the bank on October 1Year .  Cash is $0,  Interest expense is $2,500, Total liabilities  $127,500, Cash $130,000, Interest expense $2,500.

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The various kinds of stakeholders that the board must take into account of are:

A significant stakeholder is critical to a company's long-term success. Key stakeholders may assist businesses in making strategic choices, reducing risks, and expanding their operations.

If you are active in assisting your business in reaching its objectives, it is critical that you understand who your key stakeholders are and how to identify them.

Employees are crucial because they drive the business, customers are crucial because, the  are the reason for the existence of the business, investors are important because, they finance the business.

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The answer here is all of the above. This option is not given in the question, but evaluating the other four available options, it can be said that all are good examples of slander per se or defamation per se. The tort of defamation refers to the false statement that is spoken or written with the intention to damage someone's reputation. It can be in the form of relating to the person's business and detriment, false claims of a person committing a crime, imposing unchastity on a person, or claiming that another suffers from a loathsome disease.

The prison time period for a person ruining your recognition is “defamation of character”. Defamation describes the act of any other spreading a fake assertion approximately you or your commercial enterprise through the written or spoken word. Slander and libel are the 2 essential forms of defamation.

Depending on the context, calling a person a liar can be defamatory, inflicting damage to a recognition. But, greater regularly than not, calling a person a liar can be certainly an expression of opinion. In a few settings, litigation surrounding the booklet additionally implicates the First Amendment.

Emotional misery damages had been presented to own circle of relatives individuals in complaints in which own circle of relatives individuals had been affected. This consists of clinical malpractice, fake conviction, wrongful death, and plenty of different cases. If a member of the family is performing because of the victim's representative, they could sue for emotional misery.

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The Sherman Antitrust Act, the Clayton Act, and the Federal Trade Commission Act are the three main federal antitrust laws.

All agreements, coalitions, and plans that unjustly restrict domestic and international trade are forbidden by the Sherman Act. This involves agreements between rivals to fix pricing, rig bids, and allocate clients, all of which are considered felonies and subject to harsh penalties. A civil law known as the Clayton Act forbids mergers and acquisitions that are likely to reduce competition. In accordance with this Act, the Government opposes mergers that are likely to raise consumer prices. The Antitrust Division and the Federal Trade Commission must be notified by anyone seeking a merger or purchase of more than a specified size. Although this Act forbids unfair business practices in interstate trade, there are no corresponding criminal sanctions.

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The cost structure of a business model describes all costs incurred to operate your business model.

The term business model refers to an organization's plan for developing an income. It identifies the products or services the commercial enterprise plans to promote, its diagnosed goal marketplace, and any predicted charges. industrial organization fashions are important for every new and installed company.

In its handiest form, a business model offers facts approximately a corporation's target marketplace, that market's wishes, and the role that the company's products or services will play in the assembly of the needs of the one. corporation version innovation, then, describes the approach in which an agency adjusts its commercial enterprise model.

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The  second step in the five steps of problem solving is Generate possible solutions.

Problem solving  can be described as the process of finding solution to a particular problem most especially in business as well as organization problems.

It should be noted that these steps encompass some steps such as :

We can conclude that second step in the five steps of problem solving is Generate possible solutions because this bis very necessary so that the problem can be solved easily.

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