Bramble Corp. , a public camping ground near the Four Corners National Recreation Area, has compiled the following financial information as of December 31, 2020. Revenues during 2020—camping fees $176,400 Notes payable $75,600 Revenues during 2020—general store 59,220 Expenses during 2020 189,000 Accounts payable 13,860 Supplies on hand 3,150 Cash on hand 25,200 Common stock 25,200 Original cost of equipment 132,930 Retained earnings ? Fair value of equipment 176,400

The Sarbanes-Oxley Act states that the audit committee is responsible for assuring auditor independence. Thus option C is the answer.

The Sarbanes-Oxley Act (SOX) is a federal law passed in 2002 that aims to protect investors by improving the accuracy and reliability of financial statements. One of the key provisions of SOX is the requirement for public companies to have an independent auditor.

The audit committee of the company is responsible for overseeing the financial reporting process and for selecting, retaining, and overseeing the work of the independent auditor. The audit committee must also ensure that the auditor is independent, both in fact and appearance, and that the auditor has access to all books, records, facilities, and personnel necessary to conduct the audit.

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The statement "Because people respond to incentives, we would expect that if the average salary of accountants increases by 50% while the average salary of teachers increases by 20%, students will shift majors from education to accounting" is True because funded by local tax.

The incentives are the amount of money which is given to the employee or worker to achieve the targeted goal and it is the motivated things to give from the organization or firm to the employees.

Because people respond to incentives, we would expect that if the average salary of accountants increases by 50 percent while the average salary of teachers increases by 20 percent. This is why, due to the local taxes which is given to teacher.

On the other hands, accountants gets incentives due to the firm's profit.

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Cash flow from a project is anticipated to be $2,000 in year one, $800 in year two, and $1,000 in year three. the highest sum that is conceivable, permitted, or necessary, at a 10% interest rate.

The largest amount or value that can be obtained or attained.: the height, peak, or apogee of development.: the highest amount or value that can be permitted or allowed by a legal authority (as by the circumstances of a particular case) . A fence or hedge can only be two metres tall according to planning law. With the most points, China took the top spot. Maximum prison sentences under the law are two years.

The minimum and maximum durations are 12 and 60 hours, respectively. The maximum payable rate rule is a unique regulation that permits an agency to set a General Schedule (GS) employee's pay at a rate higher than the rate that would be determined in accordance with standard regulations, based on a higher rate of pay the employee had previously received in another Federal job.

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The project would be: $2,000 / (1 + 0.1)^1 + $800 / (1 + 0.1)^2 + $1,000 / (1 + 0.1)^3.

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This sentence does not describe the essential features of the factory in option (b). Rely on stocks and bonds to finance factories and machinery

A factory is a building or group of buildings where goods are manufactured or assembled primarily by machines rather than by humans. Hundreds of workers can be recruited to work in large factories owned by capitalists.the following statements describe the key function of a factory Producing standardized products that are sold in various markets  to organize workers under certain organizational disciplines. Perform complex operations on buildings or adjacent buildings

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Macroeconomics is the discipline that examines the performance and behavior of an economy as a whole.

The study of entire economies is known as macroeconomics; it is the area of economics that is focused on big-picture or general economic aspects and how they interact with one another throughout economies. Macroeconomics ties together the various laws, materials, and innovations that enable economic growth. Poverty reduction and social fairness are impossible without appropriate macromanagement. The fact that theorists of macroeconomics (including classical, Keynesian, monetarist, New Classical, and New Keynesian) differ so sharply is one reason why the subject is challenging to teach. The fact that the textbooks disagree over so little adds to the difficulty.

Correct one is: Macroeconomics

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This statement is True. Barriers to entry in a monopolistically competitive industry may include high capital costs, high start-up costs, limited access to resources, and the presence of strong competitors. High capital costs can be a major barrier to entry, as firms may not be able to finance the necessary equipment, technology and other investments.

High start-up costs can also be a barrier to entry, as firms may need to develop a product or service to offer that is different from what their competitors offer. Finally, the presence of strong competitors can make it difficult for new entrants to gain a foothold in the industry as they may not be able to compete with established players. Therefore, there are significant barriers to entry in a monopolistically competitive industry.

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The present value of lease payments at the inception of the lease ($576,500) minus any un amortized lease payments as of December 31, Year 2.

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The large deposit that caused the increase in excess reserves at the second national bank of middle earth was $25,000. (choice c)

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Oona ought to investigate the psychology of "industrial-organizational" settings.

As an Industrial and Organizational Psychologist, you can anticipate a fairly lucrative income. You will have a great earning potential. One of the biggest benefits of working as an Industrial and Organizational Psychologist is that you can make more than the average salary.

Human resources policy planning is a big part of what an industrial-organizational psychologist does. They might, for instance, investigate the working styles of employees and contribute to the creation of policies that foster teamwork and productivity.

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d) Sally, a loan officer at Commercial bank, originates a home equity loan for a customer.

Originates is a verb that means to come from a particular source or have a particular beginning. It can also mean to give rise to or create something.

The production function of the value chain is the process of creating value for customers through the production and delivery of goods or services. In this scenario, Sally is providing a service to her customer - originating a home equity loan - and this process creates value for the customer.

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False. The cost constraint suggests that the cost of providing accounting information should not exceed the benefit it provides.

Accounting is the process of recording, classifying, summarizing, analyzing, and interpreting financial information. It is also used to measure the performance of an organization and to prepare financial statements for external users. Accounting involves tracking income and expenses, preparing financial statements, preparing tax returns, and providing advice on financial matters

If the cost of providing accounting information exceeds its benefit, then financial accounting information should not be provided.

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A publicly-traded company. allowing investors to buy and sell ownership in the company.

Investors are individuals or entities that provide capital to businesses, projects, or other investments in exchange for a financial return. Investors may be institutions, such as banks, insurance companies, pension funds, mutual funds, hedge funds, and venture capital firms. They may also be private individuals who invest directly in stocks, bonds, real estate, and other assets.

A publicly-traded company is a business that raises money by issuing shares of stock to the public through an initial public offering (IPO). These shares can then be bought and sold on a stock exchange,

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For business travelers and tourists, respectively, the pricing will be 0.23 and 1.29. For tourists, consumption might be delayed, but not for business travelers.

Any individual who creates goods or renders services with the objective of reselling them for such a profit is conducting business. Organization Definition. A creative entity or group that conducts business operations is referred to as a business. They could be industrial, commercial, or of another kind.

The food industry is a significant component of India's fastest-growing industry. The traditional food industry sells agricultural goods and services. Nevertheless, as urbanization increases, the new notion of

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The Consortium can receive official GMAT scores from GMAC at any time during the application cycle, even after your application has been submitted; however, some programmers may have a deadline by which they want your scores posted.

The Graduate Management Admission Test, abbreviated as the GMAT, is a multiple-choice, computer-based, and computer-adaptive standardized exam used worldwide for admission to graduate management / business programmed (such as MBA programs).

GMAC created and administers the GMAT to provide business schools with standardized measures of applicants' readiness for graduate-level academic work. Admissions committees at business schools consider your GMAT score, as well as your work experience, academic record, and supporting materials, to determine your readiness for the rigors of an MBA programmed. The GMAT is divided into four sections, but you will use the same critical thinking and analysis skills throughout the exam as you will in your MBA coursework.

The GMAT content is divided into four scored test sections, each of which is scored separately. Two sections, Quant and Verbal, are also combined to produce your total score:

Analytical Writing Assessment Quantitative Verbal Integrated Reasoning

GMAT test takers have the option of ordering their GMAT test sections. You will select your section order at the test center, just before the test begins. You will be able to select one of three orders:

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Writing takes a long time and technical communication is expensive which makes technical communication challenging.

What is technical communication?

Any form of communication that has one or more of the following traits falls under the wide category of technical communication. Talking about complex or specialized subjects, such computer programmes, medical processes, or environmental laws.

What makes technical writing difficult?

Technical publications may be difficult to understand for readers if they were poorly planned and illogically organized. The content is difficult to navigate, and the sections don't easily flow into one another. In order for your viewers to understand your content, it must be logically organized.

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The umbrella insurance policy will pay out $100,000 in this case.

Insurance liability refers to the legal responsibility or obligation of an individual or entity to pay for damages or losses caused to another person or property.

It is a type of insurance coverage that protects policyholders from financial losses resulting from claims of negligence or wrongdoing

The umbrella policy has a coverage limit of $3,000,000.

The car insurance liability limit is $300,000.

The total amount of damages caused by Jerry is $400,000.

To find out how much the umbrella policy will pay out, we need to subtract the car insurance liability limit from the total amount of damages: $400,000 - $300,000 = $100,000.

Therefore, the umbrella insurance policy will pay out $100,000 in this case.

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Ibm makes more stock and sells it to investment banker Morgan Stanley. Through its mutual funds, Morgan Stanley then resells the issue to the American public primary market transaction.

A corporate or governmental body offers securities to investors directly on a main market. An IPO, in which a business first issues shares of stock, is a typical illustration of this kind of transaction.

These transactions take place on an exchange, such the Nasdaq or the New York Stock Exchange. Stocks are bought directly from the issuer when they are purchased on the primary market. The issuing corporation has no role in the secondary market.

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The firm's required rate of return is 11.95% i.e. Option C is correct.

The required rate of return (RRR) is the base measure of benefit (return) a financial backer will look for or get for expecting the gamble of putting resources into a stock or one more sort of safety.

RRR is likewise used to work out how productive a task may be comparative with the expense of financing that undertaking. RRR signals the degree of hazard that is implied in focusing on a given speculation or undertaking. The more prominent the return, the more prominent the degree of hazard.

A lesser return for the most part intends that there is less gamble. RRR is normally utilized in corporate money while esteeming ventures. You might utilize RRR to compute your possible profit from venture (return for money invested).

According to CAPM (capital asset pricing model) , the required return on an asset is computed as follows:

Required Return = Risk Free Rate + Beta * Market Risk Premium

Required Return = 4.25% + 1.4 *5.5%

Required Return = 11.95%

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Complete Question is -
Zacher Co.'s stock has a beta of 1.40, the risk-free rate is 4.25%, and the market risk premium is 5.50%. What is the firm's required rate of return?

a. 11.36%

b. 11.65%

c. 11.95%

d. 12.25%

e. 12.55%

A grassroots movement is a modest producing firm run by a person or family, usually from their house rather than from a specially constructed facility.

Industries are often categorized based on the products and services they offer. For instance, all companies that create and sell pizza on the markets are included in the fast food business. It is crucial to remember that in order to be considered a member of the fast food business, a producer must sell the goods they create on the open market.

The term "industry" applies to any business, trade, venture, production, or call of employers as well as any employment, service, occupation, handicraft, or industrial profession of workers.

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The right formula to get the unemployment rate is the total high level of unemployment divided by the total labor force, multiplied by 100.

or each individual commands a fee. It is rumored that if someone offers them enough money, they can induce anyone to do something immoral or dishonest. There are always some who have, despite the fact that it may entirely true that now every man has a price. Simple Idioms Dictionary for Learning.

A cost proposal is a document prepared with both the buyer and the seller in mind. It serves as a formal breakdown of prices for a sale or job and is prepared by the company or service provider. Prices are often provided in writing upon request. When a client requests

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Typically, they attributed low pricing to overproduction. Second, farmers claimed that grain elevators and railways with monopolies imposed inflated pricing on their services.

having complete control over something or striving to do so, especially over a corporate sector, without allowing others to participate: She didn't believe that the fine would be sufficient to prevent monopolistic practices by major firms. The company is accused of engaging in monopolistic activity.

being familiar with monopolistic competition

Restaurants, hair salons, home products, and clothing are some examples of industries with monopolistic competition. To sell, market, and set prices for products like dish soap and hamburgers, several competitor enterprises compete.

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The top five benefits of effective communication are 3. productivity, 2. barriers, 1. teamwork, 5 clarity and 4 trust.

The process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and comprehended with clarity and purpose is known as effective communication. Both the sender and the receiver are satisfied when we communicate successfully.

Communication can take numerous forms, including verbal and nonverbal communication, writing, visual communication, and listening. It can happen in person, online (on forums, social media, and websites), over the phone (through apps, calls, and video), or through the mail.

Communication must be clear, correct, complete, brief, and empathetic in order to be effective. These are the five C's of communication, albeit they may differ depending on who you ask.

While communication effectiveness is difficult to quantify, its impact is tough to deny.

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Correct question:

Arrange the sequence of the words below so they best complete each of the statements below. the top five benefits of effective communication are: builds ________ to foster better relationships and improved interactions. removes _________, resolves problems and prevents issues. provides _________ which improves efficiency. increases _________ and engagement. strengthens _________ to foster innovation.

The consumer price index for all urban consumers CPI U rose 2.9 percent, the biggest increase in 12 months.

Since the period ending  2012, the CPI includes products in general use, while the GDP price index includes all goods and services. The CPI does not include all goods and services. CPI measurements depend on the fixed basket of goods. During this period. Energy prices rose 12.0 percent  the biggest 12 month increase since the period. The GDP deflator differs from the CPI because it includes produced goods and services rather than consumed goods and services. Further more, the CPI uses a fixed basket of goods, while the GDP deflator automatically changes the group of goods and services over time as the composition of GDP changes.

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Imposing price controls on goods would make them hard to find because producers would not want to supply as much as they did before the price controls.

What are typical goods?

Common Products refers to hazardous substances that are often used in the Company Facilities and in proportions required for the regular operation of other facilities of a same kind, such as but not limited to cleaning agents, insecticides, and medications.

What class of goods are services under?

Products are often real, physical objects that your buyers can grasp in their hands.
EXAMPLE: Your firm offers branded giveaways and products for sale to other companies. Services are often unimportant; these are actions you take on behalf of another person. A tangible product is a key item that can be felt, such as a structure, car, appliance, or article of clothing.

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According to the American Marketing Association, the function that links an organization to its market through the gathering of information is known as Marketing Research.

Marketing research is the systematic collection, recording, and analysis of qualitative and quantitative data about marketing products and services concerns. The purpose is to identify and analyse how changing marketing mix elements affect customer behavior.

This includes describing the data needed to solve these concerns, creating the method for collecting information, controlling and implementing the data gathering process, and finally implementing the data collection process.

After reviewing the acquired data, the conclusions and findings, as well as their consequences, are transmitted to those with the authority to act on them.

Market research, marketing research, and marketing are all commercial operations that are occasionally performed informally. Marketing research has a considerably longer history than market research.

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The closing process within accounting consists of temporary accounts, whose balances only reflect transactions and activities that occurred during the current fiscal year, and permanent accounts that exist year over year within the balance sheet - True.

At the conclusion of an accounting cycle, closing entries are made as a series of journal entries. These temporary account balances are converted into permanent entries on the company's balance sheet by the closing entries. As a result, the temporary accounts' balance is reset to zero and the subsequent accounting period is now ready to start.

The four steps involved in closing?

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The closing process in accounting involves both permanent accounts that are present in the balance sheet year after year and temporary accounts, the balances of which only reflect transactions and activities that took place during the current fiscal year.

The statement is true

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Predetermined overhead rate per hour of direct labour is $3.

The ratio of calls answered to calls received by the call centre is referred to as the rate.

The sum of money that a business must pay a worker to labour for them for a day:

As per the data given in the above question are as bellow,

Estimated manufacturing overhead $450,000

Estimated direct labor hours 150,000

Calculation of the fixed overhead rate per hour of direct labour:

Predetermined overhead rate per direct labour hour equals estimated manufacturing overhead / estimated number of hours of direct labour (450000/150000 = $3).

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Consumption schedules will rise while savings schedules will fall. As property price, particularly individual dwellings, has increased significantly.

Share: The combined impact of housing on GDP typically ranges from 15 to 18%, and it happens primarily in two ways: first, through residential investment, which accounts for about 3-5% of GDP on average and includes things like building new single- and multifamily homes, remodeling existing homes, making tiny houses, and broker fees.

According to research, the lack of reasonable housing costs the US economy $2 trillion annually in lost earnings and productivity. Families with limited access to cheap housing have fewer options to raise their income, which slows GDP growth.

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Because some inputs are variable and some inputs are fixed, the law of declining marginal productivity only applies in the near run. As a result, choice A is the best.

A fundamental concept of economics, the law of diminishing marginal productivity, takes into account both variable and constant inputs to produce an output that initially climbs swiftly, stabilizes, and then starts to decline. Marginal productivity is unimportant for a longer period of time in the market.

More input has the short-term effect of reducing marginal returns while at least one production variable, such as labor or capital, is held constant.

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Managerial accounting is concerned with providing information to external decision makers. Stockholders primarily use managerial accounting information to make decisions.

Managerial accounting is the type of accounting that provides financial information to company or organization managers and decision-makers. Managerial accounting, such as weekly or daily budgeting, is used to assist managers in making decisions that improve the operational effectiveness and efficiency of the organization.

Managerial accounting differs from financial accounting in that financial accounting focuses on providing financial information to investors, shareholders, creditors, and others outside the organization on a quarterly or yearly basis. Managerial accounting, on the other hand, is used internally to improve company efficiency.

KEY LESSONS

Managerial accounting is the type of accounting that provides financial information to a company's managers and decision-makers.

Managerial accounting frequently includes a variety of financial metrics, such as revenue, sales, operating expenses, and cost controls.

Managerial accounting assists businesses in planning To ensure the company's long-term success, forecast and budget at the enterprise level.

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