name the accounting document or report that is completed just prior to preparing financial statements and assists in preparing the financial statements. multiple choice question. t-account general ledger trial balance general journal

The monthly payment schedule includes a nominal yearly interest rate of 14.4%.

E is equal to P*r* (1 + r)/(1 + r)(n - 1).

where:

E stands for equated monthly installment (EMI).

The Principal is p.

The nominal rate is r.

n represents number of periods.

$137.41 = $4,000*r* (1 + r)36/(1 + r)^36 -1)

Hence, r = 14.4% P.A

Consequently, the monthly payment plan's nominal annual interest rate is 14.4% p.a.

The interest rate prior to accounting for inflation is referred to as the nominal interest rate. The term "nominal" can also apply to the advertised or quoted interest rate on a transaction, which excludes any fees or interest compounding.

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This person should look for high-quality product delivery and continuous quality improvement through the use of external processes when performing a quality control check.

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Answer: credit to sales $5,000.

Which accounts are closed to retained earnings at the end of an accounting period?

Explanation: Temporary accounts include revenue, expenses, and dividends, and these accounts must be closed at the end of the accounting year.

Income statements include revenue, costs of goods sold, and operating expenses, along with the resulting net income or loss for that period.

A supplier is a person, company, or organization that sells or supplies something such as goods or equipment to customers.

Cost per set of | Delivery time in days | Set Available

sheets in dollars

Supplier A 3.25 7 250

Supplier B 2.50 8 550)

‘Supplier C 6.25 14 650

Supplier D 4.50 3 250

Supplier E 5.00 7 200

A client requires 1500 sets of sheets.

The objective is to formulate a linear optimization model for the procurement of sheets at the

the lowest cost for the given conditions.

Consider the number of sheets to be procured from suppliers A, B, C, D, and E are A, B, C,

D, and E respectively.

For each of the conditions, the respective expressions are as follows:

(a) The important client requires that at least 500 of the 1500 sets of sheets be delivered in

next 7 days,

For the delivery to be made in the next 7 days, the sets of sheets must be procured from the supplier

A, D, and E.

This implies 4+D+ > 500

(b) In order to maintain good relations with supplier C, you must order at least 120 sets of

sheets from them.

At least 120 sets of sheets must be from supplier C

Thus, the respective expression is C >120.

(c) The order from supplier D must have at least as many sets of sheets from supplier B.

This implies that D> B

(4) Each supplier has a limited number of sets of sheets as per last column of the table.

The respective expressions are

054 250,05 B <550,120<C <650,0 < D< 250.05 E <200.

The total sets of sheets required is 1500.

Therefore, 4+B+C+D+E=1500

The second column of the table gives the cost per set of sheets for each supplier.

Thus, the total cost of the 1500 sets of sheets is represented by a function,

C(x)=3.254+2.50B+6.25C+4.50D +5E

Hence, the required formulation of the optimization problem is as follows:

Minimize the cost function C (x) =3.254+2.50B+6.25C +4.50D+5E

Subjected to constraints

A+B+C+D+E=1500.

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Economic goals for the US to pass the Chinese Exclusion Act as foreign policy: Many West Coast Americans blamed Chinese workers for falling wages and the economic downturn. That was only 0.002%, but Congress passed the China Exclusion Act to alleviate workers' demands and concerns about maintaining "racial purity" for whites.

The Chinese Exclusion Act is a United States federal law signed by President Chester A. Arthur on May 6, 1882, prohibiting the immigration of Chinese workers for ten years. The law excluded merchants, teachers, students, travelers, and diplomats.

The Chinese Exclusion Act Purpose: To curb the influx of Chinese immigrants to the United States, particularly in California, the Chinese Exclusion Act of 1882 halted Chinese immigration for 10 years and naturalized Chinese immigrants. Chester A declared ineligible for president

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If Keesha's employees rarely, if ever, disagree with her because they worry about her negative reactions and tantrums. this scenario is an example of compliance factors in the corruption cycle: compliance.

Compliance can be defined as the process in which a person  comply or adhere to something or adhere  to the rules and regulation that are imposed on them.

The scenario is an example of compliance factors in  corruption cycle based on the fact that her employee comply with her behavior by rarely  disagreeing with her or having any form of disagreement with her because they worry about the negative reactions and tantrums or anger she may likely display whenever they disagree with her.

Therefore If Keesha's employees rarely, if ever, disagree with her because they worry about her negative reactions and tantrums. this scenario is an example of  what is called compliance factors in the corruption cycle: compliance.

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International businesses frequently have to address ethical issues that develop because countries have different business laws, practices and regulations.

Ethical issues can be described as the term that is been used in an organization to refer to a situation whereby a particular decision, scenario or activity  in that organization or the particular society brings about the  conflict with a society's or the organization moral principles.

It should be noted that the individuals as well as the  businesses  can found themselves in these conflicts,  this is because some of the activities could spring up some kind of  question from an ethical standpoint.

We can conclude that International businesses frequently have to address ethical issues that develop because countries have different business laws, practices and regulations.

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Frequently, clients have multiple needs and are utilizing resources from more than one agency or organization. In these situations, the responsibility of the worker is to do case management.

The practice of case management is a professional and collaborative process of evaluating, planning, implementing, coordinating, monitoring and evaluating the options and services needed to meet an individual's medical needs.

What are case management skills?

The Case Manager acts as a bridge between physicians and patients, and her skills revolve around her ability to both communicate and execute her plan of patient care. Case managers use skills such as critical thinking and empathy to empower patients and make them feel comfortable.

What is an example of case management?

A service request is made by a customer or employee to work on or repair some type of equipment. These requirements pose several challenges for organizations. For example, tracking requests, handling too many requests at once, and inefficiencies caused by tackling recurring problems.

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Spoken Communication Everybody has a different manner of interacting and exchanging information with others, which is known as their communication style. Communication can be done in four main ways: passively, aggressively, passively-aggressively, and assertively. Understanding each communication style and the motivations behind its use is crucial.

Three primary categories of communication exist: 1) Verbal communication, where you listen to someone to comprehend what they mean; 2) Written communication, where you read what they mean; and 3) Nonverbal communication, where you watch someone and guess what they're trying to say.

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The new balance for cash equals $8700 while the owner's equity equals $16000.

It states that a firm total assets are equal to the sum of its liabilities and its shareholders' equity. It should be noted that the beginning balance was the cash of $10000 that was received from the owner as an investment.

In conclusion, the new balance for cash equals $8700 while the owner's equity equals $16000.

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Isabella is thinking about buying a one-bedroom residence in a cooperative. a residence in a cooperative, unlike a condominium, is considered as personal property.

Housing cooperatives are a type of company in which the owners do not have complete ownership of their apartments. Depending on the relative size of their living unit, each resident is an owner of the corporation.

A condominium is a group of homes or residences with individual owners of each of the individual units.

In this case, Isabella is considering purchasing a one-bedroom apartment in a cooperative which is considered her personal property.

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The investment firm's total profit is $4,740.

In company A,  Total amount invested = $11,000 and profit =24%.

In company B,Total amount invested= $14,000 and profit = 15%.

In Company A profit = 24% of $11,000

= 0.24 × 11,000

= $2,640

In Company B profit = 15% of $14,000

= 0.15 × 14,000

= $2,100

Total profit = $2,640 + $2,100

= $4,740

Hence, the investment firm's total profit is $4,740.

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If workers in China and India become as productive as U.S. workers, the arrangements will be made to regain its competitiveness

What adjustments will allow the united states to regain its competitiveness?

It is possible that there will be developments in manufacturing/services that will allow US wages to remain high, but in all likelihood either US nominal wages will rise slowly and foreign nominal wages will rise quickly to catch up, or US exchange rates will fall. balance wages. Some combination of the two is most likely.

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In business communication it is best to use words that are:

This is further explained below.

Generally, The practice of exchanging information amongst personnel both within and outside of a firm is referred to as "business communication."

It is very important for a company's success in the outside business world how its employees interact with one another and carry out their jobs.

In conclusion, When communicating in a professional setting, it is preferable to utilize terms that are:

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Expected future price increases of goods by consumers, other things being equal, will increase the current price and increase the current quantity exchanged.

An increase in demand leads to an increase in the equilibrium price, all other things being equal. You will have more to deliver. A decrease in demand leads to a decrease in the equilibrium price. supply will decrease.

Equilibrium price. In the event of a product exchange, the agreed price is known as the equilibrium price or market liquidation price. This price arises from the intersection of supply and demand, as shown in Figure 1. In Figure 1, both buyer and seller are willing to exchange quantity Q at price P.

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The steps involved in Nikita's application for financial help for college education are

A student is referred as an individual who studies in school or college. In the given case Nikita is a student who studies in college and looking for financial help to pursue her studies.

At the initial level, it is important to create an Id to make all the documentation from there and fills out an online form. After form, submission, verification will be done and an opportunity for corrections will be provided.

After fulfilling all the procedures, she will receive a SAR document and financial support letters from various colleges.

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The complete question is probably

Nikita wants to apply for student aid to fund her college education. Arrange the steps involved in Nikita's application for financial aid. Nikita receives financial aid award letters from various colleges. Nikita rechecks the information she provided and makes a few corrections. Nikita fills out the FAFSA online. Colleges ask Nikita to verify the information in the FAFSA. In about two weeks, Nikita receives a document called Student Aid Report (SAR). Nikita creates an FSA ID. ? ? ? ? ?

Bull statue was being produced by a loan recipient in lima, Peru that legend says represents financial prosperity.

The famous sculpture of a charging bull by artist Arturo Di Modica, which is called The Charging Bull, is situated in Bowling Green, close to Wall Street in Downtown Manhattan. The de facto emblem of Wall Street and the Financial District as well as a much-liked tourist destination in New York City is the 7,100 lb. charging bull, a strong metaphor of "bullish" market confidence.

The bravery and determination of Americans in general, and New Yorkers in particular, are symbolized by the charging bull. Arturo Di Modica erected the bull as a countermeasure to the excess, greed, and privilege that contributed to the 1987 Wall Street meltdown in this mixing pot of cultures and experiences.

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When ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her evoked set.

What is Evoked set?

The brands that come to a consumer's mind when a need for a good or service occurs are known as the "evoked set." Based on how consumers view these brands and their brand equity with consumers, they are regarded as acceptable. Both previously purchased brands and brands that the consumer has never used can be part of the evoked set. Brands that are associated with a consumer's evoked set have the chance to win them over as a new or returning customer. Brands must achieve this position in the minds of their intended market in order to market their good or service. Cereals, shoes, autos, candy, chips, pharmaceuticals, and cereal boxes are among typical locations where evoked sets are found.

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A. The bad debt account write-offs from January through November can be determined by subtracting the November 30 balance from the total of the beginning balance and the bad debts expense recognized for the first 11 months.

Bad  debt account write-offs = $13,049+ 21,427-9,897 =$24,579.

Particular Amount

   1/1/19 balance

B. The adjustment required on December 31, 2019, can be determined by comparing the November 30 balance in the allowance  debit account to the desired ending balance.

Bad debt expense adjustment =$9,897-$9,347 =$550

   Dr. Allowance for Bad Debts        $550

              Cr. Bad Debts Expense $550

To adjust the allowance account to the appropriate balance, and to correct the overstatement of expenses recorded in the January through November period.

C. No Effect

The write-off will not have any effect on 2019 net income, because the write-off decreases both the accounts receivable asset and the allowance account contra-asset for equal debt account. Net income was affected when the expense was recognized.

Disclaimer:- your question is incomplete, please see below for the complete question.

a. What was the total of accounts written off during the first 11 months? (Hint: Make a T-account for the

Allowance for Bad Debts account.)

b. As the result of a comprehensive analysis, it is determined that the December 31, 2019, balance of the

Allowance for Bad Debts account should be $19,000. Show the adjustment required in the horizontal

model or in journal entry format.

c. During a conversation with the credit manager, one of Tabor’s sales representatives learns that a $2,460 receivable from a bankrupt customer has not been written off but was considered in the determination of the appropriate year-end balance of the Allowance for Bad Debts accounts balance. Write a brief explanation to the sales representative explaining the effect that the write-off of this account receivable would have had on 2019 net income.

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The principles offer a framework of tactical solutions that range in complexity from simple to complex (i.e., tactical complexity), and they foster understanding of these solutions by encouraging the development of games that exaggerate their significance and applicability in game environments.

The basic ideas that guide how a team can use space are known as tactical dynamics.

Space, or the regions on and above the football field, is central to tactical theory in football. Dimensions of space include aerial space, horizontal space (between the two touchlines), and vertical space (between the two goal-lines) (above the pitch).

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Predetermined overhead rate = total overhead, total activity

Total overhead=250000

Total activity = direct labour = 12500

Overhead rate = 250000/12500 = 20 per hour

Job 421 requires 25 direct labor hours to complete, so the amount of overhead allocated to job 421 will be = predetermined overhead rate*number of hours required for the job

25*20 = 500

Overhead allocated to job 421 = 500.

Contractors can use set rates to estimate overhead for each job. For example, job overhead can be calculated to be typically x% of sales or y% of direct labor costs. To allocate overhead, add this amount to the total job cost. Overhead allocation is the allocation of overhead costs to the goods produced. This is required by the rules of various accounting frameworks. In many businesses, the overhead costs assigned are significantly higher than the direct cost of goods.

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Taylor was performing the 'Organizing' function of management.

Marketing managers are in charge of creating, planning, and carrying out strategic marketing strategies for the entire company (or for individual business units and brands within a company) in order to get more new customer and retain the old one.

The second essential management role, after planning, is organizing. It involves coordinating human activities, allocating resources, and combining the two in a way that aids in the fulfillment of objectives.

In order to maintain efficiency and effectiveness in operations, organizing establishes roles and working relationships, assigns various tasks related to the plans, arranges and distributes resources, designs a framework that separates duties, responsibilities, and authority, and schedules activities.

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The complete question is given below

Taylor started a small business a little less than 10 years ago. The business employed several social workers and nurses that visited and cared for persons who had left hospital care, but were not quite ready to be on their own at home. As the ceo of the firm, taylor decided it was time to hire a business operations manager and a marketing manager to handle the details of the business. Which function of management was taylor primarily performing?.

a. Organizing

b. Controlling

c. Planning

d. Leading

Creating value for customers, according to Michael Porter in his book Competitive Advantage, is a crucial notion utilized in examining a firm's competitive position for  buyers that exceeds the costs of production (i.e., margin).

Porter's Five Forces Analysis by Michael Porter Porter's Five Forces - book cover The five forces model developed by Michael Porter is used to investigate the environment in which a firm or product functions.

The threat of entrance, the power of buyers, the strength of suppliers, the threat of replacements, and competitive rivalry are the five primary topics that the five forces analysis focuses on.

In his 1980 book "Competitive Strategy: Techniques for Analyzing Industries and Competitors," Michael E. Porter established the paradigm of the Five Competitive Forces. Since then, the "five forces tool" has developed into a critical instrument for assessing the industrial structure of a business throughout strategic processes.

A business strategy should address the opportunities and dangers in the organization's external environment, according to Porter's model. Particularly, competitive strategy must to be founded on knowledge of industry structures and how they evolve.

Porter has identified five market and industry-specific competitive factors. These factors control the level of competition, which in turn affects an industry's profitability and allure. Modifying these competitive advantages should be the goal of company strategy. forces in a way that strengthens the organization's position. The Porters model aids in the examination of an industry's driving factors. Management may choose how to exploit or influence specific aspects of their industry scan based on the data from the Five Forces Analysis.

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If  she begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. The  style of decision making raven use is: Rational.

Rational decision making can be defined as the way an individual detect or identify problems they want to solve by evaluating and analyzing the problems  and then choose   the best solution  among the different alternatives they have so as to solve the problem.

Based on the scenario the manager is making use of rational decision making process which is why she created an alternative solutions and then evaluate them so as to find solution the to the problems.

Therefore If  often, raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. The  style of decision making raven use is: Rational.

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You can continually remove products increase the concentration of reactant to try to drive the reaction toward your desired product.    

A system that is already in equilibrium is thrown out of equilibrium by the addition of an additional quantity of one of the reactor or one of the products. Then, in order to return the situation to equilibrium, either the forward or the reverse primer will take place. Le Chatelier's concept makes it simple to determine which of these two outcomes will occur.     The system will adjust to counteract the increase in concentration of this component if we increase the amount of one of the products. To some extent, the opposite reaction will take place so that part of the extra product can be digested. On the other hand, the system will adjust by enabling the forward reaction to happen if one of the reactants is added.

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Corey completed his mission statement for his marketing plan and has written down company goals; now he is focusing on his business’s Objectives blank, or how he will be able to attain these goals in specific, measurable ways.

A marketing plan identifies your target audience, the most effective channels to engage with them, and analytical insights to guide future strategy. Businesses need comprehensive marketing plans to coordinate campaigns and properly measure their impact.

Your marketing plan can be part of your overall business plan. A solid marketing strategy is the foundation of a well-crafted marketing plan that helps you reach your goals. Marketing plans contain a list of actions, but they are of little use to businesses without a solid strategic foundation.

A marketing plan describes the strategy a company uses to sell its products to its customers. This plan identifies your target market, your brand or product value proposition, the campaigns to launch, and the metrics you will use to assess the effectiveness of your marketing initiatives.

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Answer:

D.

whether that career cluster could elevate your social status

Explanation:

hope it helps

By adhering to the highest standards of professional ethics, an appraiser must promote and protect the public trust inherent in appraisal practice.

The three elements of this ETHICS RULE—Conduct, Management, and Confidentiality—apply to all forms of evaluation.

CONDUCT: An appraiser is required to carry out tasks objectively, impartially, and independently, without accommodating personal interests.

MANAGEMENT: The payment of a fee, commission, or gift of something of value in connection with the acquisition of an assignment must be disclosed by the appraiser.

CONFIDENTIALITY: An appraiser is required to uphold the relationship's confidentiality.

When using confidential information and communicating the outcomes of an assignment, an appraiser must behave in the client's best interests.

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The term used to describe public or private partnerships is Public-Private Partnership (PPP). Public-Private Partnership (PPP) describe such as Liverpool's direct call center, which brings together private sector systems and technology expertise with public sector services and values

Various forms of cooperation involving many parties have been established in global forums and local. The cooperation is formed based on the objectives, capacities, and context of activities, with ways to mutually benefit from the qualities and competencies of partners. Likewise with development activities aimed at alleviating poverty.

Cooperation that involves many parties can result in innovation in dealing with various problems development challenges, including in accessing needed resources, such as technical assistance, human resources, knowledge resources, and finance.

In addition to the term "partnership", in various parts of the world other terms are also known, such as consortia, alliance, and multi-stakeholder forums/platforms/networks. Even though does not use the term partnership, but its purpose, characteristics, and how it works are similar with the process applied to the "partnership".

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