It is true planning definition is that before starting work each day, Saura sits down and determines her goals for the day. She then decides how to get there, creating future plans of action to accomplish the desired outcomes.
Setting up objectives, actions, and protocols to carry out, oversee, and regulate the tasks necessary to attain the objectives is the definition of planning.
Setting or detailing goals and the most effective ways to reach them is planning. To accomplish a set of goals or objectives, this is the first action that needs to be taken.
The core task of management is planning, which is determining in advance what has to be done, when, how, and by whom. It is an intellectual process that identifies the goals of an organization and creates numerous plans of action for achieving those goals. It outlines precisely how to accomplish a certain objective.
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at the beginning of the year (january 1), wild horses drilling has $11,000 of common stock outstanding and retained earnings of $7,900. during the year, wild horses reports net income of $8,200 and pays dividends of $2,900. in addition, wild horses issues additional common stock for $7,700.
When a company issues common stock to raise capital, the proceeds from the sale of those shares become part of total capital but do not affect retained earnings.
Hence, the total stockholders equity is $31,900.
Solution:
Common stock Retained earnings Beginning balance $11,000 $7,900
Issue of common stock $7,700
Add: Net income $8,200
Less: Dividends ($2,900)
Ending balance $18,700 $13,200
Total stockholders equity
$18,900
$7,700
$8,200
($2,900)
$31,900.
Common stock and retained earnings appear both on the equity section of the balance sheet and on a separate statement of equity. Share capital is the amount invested in the company by all ordinary shareholders. The main one is the value of the common stock itself, but it also includes retained earnings and additional paid-in capital. Take the total shares held by a shareholder and subtract the number of common share positions. The difference is retained earnings.
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because of performance and data quality issues, most experts agree that the federated architecture should supplement data warehouses, not replace them. true false
Because of performance and data quality issues, most experts agree that the federated architecture should supplement data warehouses, not replace them is True.
A data mart is a subset of a data warehouse that targets a specific business area. The first stage is extraction. If you have many data sources such as files, databases, or spreadsheets that you want to convert to another format, an ETL tool will automatically aggregate all this data.
A subset of a multidimensional array usually a 2D representation corresponds to a single set of values for one or more of the dimensions in the subset. A data mart is a topic-oriented data repository, often another section of a data warehouse. It typically contains subsets of data targeted to specific business departments such as marketing, finance, and support.
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the is the mechanism by which participants transfer purchasing power between countries, obtain or provide credit for international trade transactions, and minimize exposure to the risks of exchange rate changes.
The foreign exchange market is the mechanism by which participants transfer purchasing power between countries, obtain or provide credit for international trade transactions, and minimize exposure to the risks of exchange rate changes.
What is a foreign exchange market?
The forex market is the over-the-counter (OTC) market that determines the exchange rates of world currencies.This is the world's largest financial market and comprises a global network of financial centers that are open 24 hours a day and are closed only on weekends.Currencies always trade in pairs, so the "value" of one currency in that pair is relative to the value of the others.To learn more about foreign exchange market , refer to:
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The journal entry to record bad debt expense is made during the year in which it is determined that a particular receivable is uncollectible, regardless of the year of sale. True or false?.
The journal entry to record bad debt expense is made during the year in which it is determined that a particular receivable is uncollectible, regardless of the year of sale.
The given statement is False.
What is a journal entry?
A journal entry is used to record a business transaction in the accounting records of a business. An accounting entry is usually recorded in the general ledger; alternatively, it may be recorded in a subsidiary ledger, which is then summarized and entered in the general ledger. The general ledger is then used to create the financial statements of the business.The logic behind journaling is to record each business transaction in at least two places (known as double-entry bookkeeping). For example, when you generate a cash sale, it increases both the revenue account and the cash account. Or, if you purchase goods on account, it increases both the accounts payable account and the inventory account.To learn more about journal entry, refer to:
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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 ________ set.
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 "evoked set" refers to the brands that consumers think about when they have a need for a product or service. They are viewed as acceptable based on how consumers perceive these brands and their brand equity with customers. The evoked set can include both brands that the consumer has already purchased and brands they have never used. A consumer may become a new or regular customer for a brand if it is connected to their evoked set. To promote a good or service, brands must take this position in the minds of their target market. Typical places to find evoked sets are cereal boxes, shoes, cars, sweets, snacks, and medications.
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Kenna+invests+$5,000+today,+compounded+monthly,+with+an+annual+interest+rate+of+8.52%.+what+amount+of+interest+will+she+earn+in+one+year?
Kenna invests $5,000 today, compounded monthly, with an annual interest rate of 8.52%. What amount of interest will she earn in one year .$443.04
(PV = -$5,000 PMT = 0,
Rate =8.52%, Periods = 12,
compounding monthly solve for FV = $5,443.04
.To solve for the interest earned use
FV - PV = $5,443.04 - $5,000 = $443.04)
Annual interest definition
The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are typically annualized.
The calculations and formula are as follows: Effective yearly interest rate = (nominal rate / number of compounding periods) - 1 + (number of compounding periods) - (number of compounding periods) - 1. This would be: 10.47% = (1 + 10% / 12)) 12 - 1 for investment A. It would be as follows for investment B: 10.36% = (1 + (10.1% / 2)) 2 - 1.
The annual interest produced by a sum that is paid to investors or charged to borrowers is referred to as the annual percentage rate (APR).
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the study of taxation involves reviewing a multitude of rules and exceptions and, when possible, trying to understand the justification for them. but the desired goal of this learning process is the ability to recognize
The study of economic taxation entails analyzing a plethora of laws and exceptions and, if possible, attempting to comprehend the rationale for them. However, the desired outcome of this learning process is the capacity to spot difficulties with tax implications.
Why is it critical to understand the tax implications?It is critical to understand the data being provided. If the IRS or perhaps the state conducts an audit, the business owners who signed the tax forms may be held accountable. Asking questions and maintaining current on tax changes is the obligation of the owner, not simply the tax preparer.
What are the tax consequences of selling stock?Profit on the sale of something like a stock is taxed at 0%, 15%, or 20% if you held those shares for more than a year, or at your regular tax rate if you owned the shares for less than a year. Furthermore, any dividends received from stock are normally taxable.
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assume down, incorporated, was organized on may 1 to compete with despair, incorporated—a company that sells de-motivational posters and office products. down, incorporated, encountered the following events during its first month of operations. received $44,000 cash from the investors who organized down, incorporated borrowed $17,000 cash and signed a note due in two years. ordered equipment costing $12,000. purchased $8,000 in equipment, paying $3,000 in cash and signing a six-month note for the balance. received the equipment ordered in (c), paid for half of it, and put the rest on account.
A balance sheet is a assertion of a enterprise's belongings, liabilities, and owner's equity as of any given date. commonly, a stability sheet is ready on the give up of set intervals eg, each quarter; annually.
A balance sheet is constituted of columns. The column on the left lists the assets of the employer.
DOWN INC
Balance Sheet
At May 31
Assets Liabilities
Current Assets Current liabilities
Cash 38,500 Notes Payable 5,000
Accounts Payable 6,500
Total current assets 38,500 Total current liabilities 11,500
Long term liabilities
Notes Payable 16,000
Property,plant & equipment Total long term liabilities 16,000
Equipment 20,000
Property,plant & equipment 20,000
Stockholders Equity
Common Stock 31,000
Retained Earnings -
Total Stockholders equity 31,000
Total Assets 58,500 Total Liabilities & Stockholders Equity 58,500
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best describes the focus of the following engagements? auditing engagement attestation engagement assurance engagement consulting services engagement choice a any information financial statements advice and decision support financial information choice b financial information advice and decision support financial statements any information choice c advice and decision support any information financial information financial statements choice d financial statements financial informati
d) auditing engagement - financial statements
attestation engagement - financial information
assurance engagement - any information
consulting services engagement - advice and
decision support describes the focus of the engagements.
What are the types of engagements?The four types of engagements are
Contextual engagement, Engagement of convenience, Emotional engagement, and Social engagement.
Employee engagement may rise as a result of providing resources to improve employee wellbeing.
An employee's relationship with their organization is the main focus of employee engagement, not their own well-being.
Focus groups on employee engagement are a useful tool for including staff members active in the creation of plans to increase their personal engagement and retention.
If done correctly, they can provide crystal-clear, innovative, and doable ideas on how to properly address the outcomes of your employee engagement survey.
The goals of employee engagement are obvious: invest in your team to increase customer happiness, employee experience, and business performance.
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The federal government created __________ to help small and medium-sized businesses get involved in exporting.
The federal government created export assistance centers to help small and medium-sized businesses get involved in exporting.
Exporters can use a huge network of export and the industry specialists who are located in more than 100 U.S. cities and more than 80 countries throughout the world.
These trade professionals generally provide counseling and a variety of services to assist small and medium sized different businesses in the US to export their products and services.
Guiding U.S. exporters with the export process from beginning to end, these professionals also helps in developing an effective international sales strategy and to identify and comply with applicable laws and regulations and overcome trade problems.
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3. How would you summarize the value of a "two-year degree/some college" when it comes to the
earnings potential for Millennials?
I will summarize the value of a "two-year degree/some college" when it comes to the earnings potential for Millennials as the second best option because it is one that pays above 40 dollars as shown on the graph.
What are the rewards and value of a college degree?Bachelor's graduates is known to be a person who has studied for minimum 3-5 years and are those that are able to earn an average of about over $50,000 a year.
Note that those that has a higher level degree such as master's, doctorate or any kind of professional certificates do earn an average of about $70,000 per year.
Therefore, I will summarize the value of a "two-year degree/some college" when it comes to the earnings potential for Millennials as the second best option because it is one that pays above 40 dollars as shown on the graph.
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Management by ______ is a four-step process in which managers and employees jointly set objectives, develop action plans, review performance, and appraise and reward employees.
Management by Objective is a four-step process in which managers and employees collaborate to define goals, create action plans, evaluate and reward people.
Establishing a management information system in order to attain actual performance and accomplishments is known as management by objectives.
Planning, organizing, acting, and regulating actions are part of the management process, which is used to identify and achieve specified goals by utilizing people and other resources.
The process of management by objectives (MBO) entails the development of a strategy for achieving particular performance goals after the manager and employee have reached an agreement on them. It is intended to increase staff engagement and dedication while also coordinating goals across the board.
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classify the following topics as relating to microeconomics or macroeconomics. topic microeconomics macroeconomics the relationship between the inflation rate and changes in the quantity of money
Even though furnish and demand applies to each fields of economics, microeconomics is based on the trends of buyers and sellers, where macroeconomics focuses on the a variety of cycles of an economy, such as short and long term debt cycle, and enterprise cycles.
Is inflation microeconomics or macroeconomics?There is big-picture macroeconomics, which is concerned with how the universal economic system works.
It studies such matters as employment, gross domestic product, and inflation—the stuff of news testimonies and authorities coverage debates.
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https://brainly.com/question/1689139#SPJ4The risk that the auditors' procedures will lead them to conclude that a material misstatement does not exist in an account balance when in fact such a misstatement does exist is referred to as:____.
The possibility that an auditor's processes will lead them to believe that a major misstatement in an account balance does not exist when, in reality, there is one. It is referred to as "Detection risk".
The risk of detection is the likelihood that an auditor will miss significant inaccuracies in the financial statements of an entity. These false remarks could be the result of fraud or mistake. Audit procedures are used by auditors to find these inaccuracies. However, some detection risk will always remain due to the nature of audit techniques. For instance, auditors frequently sample a particular kind of business transaction because it is impractical to examine every transaction. Although increasing the sample size can lessen the likelihood of detection, some risk always exists.
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to prevent the deliberate contamination of food, a manager should know whois in the facility, monitor the security of products, keep information related to food security on file, and know
To prevent intentional food contamination, the manager must know who is in the facility, monitor product safety, maintain food safety information, and know when to register with the EPA.
Managers have functions such as planning, organizing, staffing, directing, and controlling. All of these features are essential to the smooth running of your organization and the achievement of your business goals. A plan is needed to establish a strategy for setting goals and coordinating activities.
Definition of a manager is a person responsible for overseeing, motivating, and directing the progress of an organization. Examples of managers include those responsible for customer service, handling customer disputes, and supervising and monitoring customer service representatives.
Effective managers help keep employees motivated to do their best work. They make the people they lead feel valued, supported, and empowered. They feel successful when the people they lead succeed.
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How will unit (average) cost of manufacturing (materials, labor and overhead) usually change if the production level rises?
It will fall, although not directly in line with the rise in production. It will rise, but in the opposite direction as production rises. An expense for the company that varies according on how much is produced or sold is called a variable cost.
Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
Total cost is the sum paid by the business for creating and distributing its goods. Remember that the firm converts inputs into outputs during the production process. Each of those inputs is expensive for the company.
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heinz has announced that they plan to grow the company through an accelerated push into emerging markets such as china, indonesia, and india in the next ten years. this is an example of: group of answer choices tactical objectifying contingency plan strategic planning marketing implementation
Heinz has announced that they plan to grow the company through an accelerated push into emerging markets such as china, indonesia, and india in the next ten years. this is an example of strategic planning.
Strategic planning is that process in which leaders of organization define the vision for the future and also identify their organization's goals and objectives.
The process of strategic planning includes establishing the sequence in which the goals should be realized so that the organization can also reach its stated vision.
Strategic planning generally represents the mid- to long-term goals with a life span of three to five years or it can be much longer.
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The slope of a production possibilities frontier measures the ________ of producing one more unit of a good.
The slope of a production possibilities frontier measures the opportunity cost of producing one more unit of a good.
The Production Possibility Frontier (PPF) is a chart showing all the different combinations of production of two commodities that can be produced with available resources and technology. PDF captures the concept of scarcity.
PPC, also known as the production possibilities frontier, measures the maximum output of two commodities given a fixed amount of input. For example, states have a certain amount of resources in the form of taxes. She plans to use her own funds to fund her two programs in education and public health.
Choices and compromises. The Production Possibilities Frontier (PPF) sits above the curve, representing an impossible scenario given available resources. PPF shows that the production of one commodity increases only when the production of the other commodity decreases.
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Determining the selling price in the global marketplace is an extremely difficult task. Many countries still have rules governing the ________, including those that affect pricing.
Determining the selling price in the global marketplace is an extremely difficult task. Many countries still have rules governing the competitive market place including those that affect pricing.
What is Competitive Market?
A competitive market emerges as a result of client needs. Organizations must evaluate (and improve) their production costs, pricing strategies, quantity, and quality in order to attract customers. Like in every market, the forces of supply and demand play a significant role in this system. In a competitive market, however, the market is not managed or shaped by a single consumer or producer. One of the most important things to realise is that competitive markets are hypothetical and not real. No market genuinely has perfect competition, despite some of them meeting the requirements and displaying the characteristics.
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Brazil exports coffee into the common market known as the european union and imports from the european union other products that brazil could produce but at a higher cost than what it costs the europeans to produce. This practice follows the theory of.
Brazil exports coffee into the common market known as the european union and imports from the european union other products that brazil could produce but at a higher cost than what it costs the europeans to produce. This practice follows the theory of Trade.
A trade deficit occurs when a country imports more than it exports. For example, in 2018, the United States exported $2.5 trillion worth of goods and services and imported $3.121 trillion, leaving a trade deficit of $621 billion. One advantage is when a country specializes in a product that can be supplied more efficiently or at a lower cost than producing other items.
Imports and exports are important for economic development and growth because not all countries have the necessary resources and skills to produce certain goods and services. Nevertheless, countries impose trade barriers such as tariffs and import quotas to protect domestic industries.
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Expenditure on consumption goods and services flows from ______ through the ______ markets.
Expenditure on consumption goods and services flows from households to firms through the goods markets.
What is Expenditure?The term "expenditure" is related to the amount of money that has been spent by someone on any product or service. Basically, it is an act of spending. It is not only about money; it always involves time and energy as well.
When expenditure is done in the sector of goods consumption and services utilization, this is done right from the households to the firms because these are the ultimate consumers; customers who consume goods and services that result in expenditure.
As a result, expenditure is something that begins in the household and moves through the goods market.
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A key benefit of collaboration is _______________, which focuses on deriving better and more unique ideas for products and services.
A key benefit of collaboration is innovation which focuses on deriving better and more unique ideas for products and services.
What is innovation?Innovation is termed as a service, product,strategy, business model that is both useful and novel. Innovations need not be be a major breakthrough in technology or it need not be a new business model; they can be any upgrades to the customer service of a company or features which are added to the existing product.
In business, Innovation is grouped into two categories:
Sustaining and Disruptive.
Sustaining innovation:
It enhances any organization's processes and their technologies to improve the product line for existing customer base.
Disruptive innovation:
It occurs when a smaller company challenge a larger business.
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Question 11 of 20
Who is not using Social Security as intended?
OA. Victor receives retirement income from his portfolio along with his
Social Security.
B. Rick uses his Social Security as his primary source of income.
OC. Ilsa supplements her portfolio income with her monthly Social
Security.
D. Louise collects disability because of an airplane accident when
she was flying.
Answer:
the answer is c I think not sure
The one not using Social Security as intended is Rick uses his Social Security as his primary source of income. Thus the correct option is B.
What is Social Security?Social Security is a requirements program supported by the general fund of the U.S. Treasury that pays elderly, blind, or disabled individuals with low incomes and resources.
The elderly, disabled workers, war veterans, and families who have lost a husband or parent are all helped by Social Security. It was intended to provide retired workers with a steady income after retirement, whether they were 65 years old or older.
Some railway workers and employees of the administration are not entitled to Social Security. The worker's payroll tax contributions over the course of his or her working career were to constitute the basis for benefits.
Therefore, option B is appropriate.
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Consider luxury weekend hotel packages in las vegas. When the price is $250, the quantity demanded is 2,000 packages per week. When the price is $280, the quantity demanded is 1,700 packages per week. Using the midpoint method, the price elasticity of demand is about.
Using the midpoint method, the price elasticity of demand is around 1.43, an increase in price will cause the total hotel revenue to decrease.
Consumer demand and the prices of goods and services have a major impact on the elasticity of demand. If the price of goods or services is cheap, consumer demand will increase.
On the other hand, if the price of goods or services is getting more expensive, then consumer demand will also decrease, or even they may not want to buy anymore. Elasticity of demand is an economic term used to describe consumer demand conditions affecting the price of goods/services. The elasticity of demand can also affect the income elasticity of consumers.
Generally, consumers want the price of goods or services that are cheap, but not necessarily consumers can buy them. Because there is an income elasticity factor that affects the purchasing power and distribution of people's income.
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that are in the interests of the owners, rather than in their own interests. what strategies are available to shareholders to help ensure that managers are motivated to act this way? question content area bottom part 1 shareholders can do the following: (select all the choices that apply.) a. ensure that employees are paid a percentage of the company's net income. b. ensure that underperforming managers are fired. c. write contracts that ensure that the interests of the managers and shareholders are closely aligned. d. mount hostile takeovers. e. ensure that employees are paid with company stock and/or stock options
The ways that are out there to shareholders to assist make sure that managers are motivated to act this manner are:
b. Make sure that underperforming managers are discharged.
c. Write contracts that make sure that the interests of the managers and shareholders are closely aligned.
d. Mount hostile takeovers.
e. Make sure that workers are paid with company stock and/or stock choices.
What is mean by shareholders?A person or legal organization that is officially recognized by a corporation as the owner of shares of the share capital of a public or private corporation is referred to as a shareholder. A corporation's members may be referred to as shareholders.Any company's shareholders have a duty to see to it that it is effectively managed and operated. In order to accomplish this, they keep an eye on the business's performance and voice any concerns or support for the management's decisions.Learn more about shareholders here:
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marco and tatiana are married and file separate returns for 2021. tatiana itemizes her deductions on her return. marco's adjusted gross income was $18,000, his itemized deductions were $2,400. neither have any dependents.
Since Marco's itemized deductions are lower than the standard deduction, he should not itemize. His taxable income = AGI - standard deduction = $18,000 - $12,400 = $5,600.
Marco's total income tax liability = $5,600 x 10% = $560
Taxpayers should not itemize when the deductions are lower than the standard deduction.
Usually, who takes itemized deductions?When they can deduct more under the itemized deductions cap than under the standard deduction, taxpayers often opt to itemize. About 30% of taxpayers opted to itemize in recent years.
What are some typical itemized deductions?Itemized deductions: types
You can have up to two residences' mortgage interest.
your local, state, and/or state sales taxes.
Real estate taxes.
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the national business ethics survey found that employees who feel pressured to compromise ethical standards view as the greatest source of such pressure.
The national business ethics survey found that employees who feel pressured to compromise ethical standards view as the greatest source of such pressure from clients.
Ethical behavior in the workplace includes Following Company Rules, Communicating Effectively, Taking Responsibility, Accountability, Professionalism, Trust, and Mutual Respect for Work Colleagues. Rules, Effective Communication, Responsibility Taking, accountability, professionalism, trust, and mutual respect for colleagues at work. 20
Ethical behavior is characterized by honesty, fairness, and justice in personal, professional, and academic relationships, research, and scientific activity. Ethical behavior respects the dignity, diversity, and rights of individuals and groups of people.
Ethics guide us to speak the truth, keep our promises, and help those in need. Our daily lives are governed by an ethical framework that helps us make choices that have a positive impact and discourage unfair consequences.
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Cisco uses the term the power of in-person to describe the ability of what technology to improve access to subject matter experts and to open doors for small business people?.
Telepresence is a technology that enables better access to subject matter experts and opens possibilities for small company owners, and Cisco refers to it as having "the power of in-person."
A group of technologies known together as telepresence enable a person to seem or appear to be present via telerobotics at a location other than their actual location.
In order for telepresence to give users the impression that they are in another place, certain stimuli must interact with their senses. Furthermore, users could be given the power to influence the remote location. The user's position, motions, actions, voice, etc. may be sensed in this scenario in order to transmit and reproduce in the remote place to achieve this effect. Information may therefore be sent between the user and the distant site in both directions.
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Which step of the market research process involves specifying the research objectives and identifying the consumer population of interest?
The step of the market research process which involves specifying the research objectives and identifying the consumer population of interest is defining the research problem.
What is Consumer?A consumer is referred to as an end user of any product. He is the person who utilized or consumes the goods. For example, when parents purchase baby food, they will be considered customers, not consumers the consumer is a kid.
The first stage of the market research process includes the definition of the research problem which includes which the problem faced by the organization is identified and defined to seek a solution and perform the research.
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When should you start financial planning?A.when you make your first million dollars.B.once you have priorities established regardless of typeC.when you set up a 401k through your employer regardless of age.D.Before you start at your first paying job.
Answer:
B. once you have priorities established regardless of age