Answer:
A
Explanation:
Because no one has the kind of original designs that he does
When a supervisor gives a subordinate higher ratings than are deserved because they both went to the same university, __________ has occurred.1) The contrast effect2) The similarâ"to-me effect3) The halo effect4) The horns effect
When a supervisor gives a subordinate higher ratings than are deserved because they both went to the same university, The similar-to-me effect has occurred.
What is similar-to-me effect ?
The similar-to-me effect, also known as the affinity bias or the in-group bias, refers to the tendency for people to favor others who are similar to themselves in some way, such as having attended the same university. This bias can lead to preferential treatment or higher ratings for individuals who share a common background or identity with the person making the evaluation. In this case, the supervisor may be more inclined to give the subordinate higher ratings because they share a connection through their shared university, rather than based on the subordinate's actual performance or abilities.
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Complete question is: When a supervisor gives a subordinate higher ratings than are deserved because they both went to the same university, The similar-to-me effect has occurred.
Medicare Part A provides hospital coverage. Which of the following persons is not covered under Part A?
a. A person 62 or older and receiving railroad retirement
b. Disabled beneficiaries regardless of age that have received Social Security for two years.
c. Chronic kidney patients who require dialysis or a renal transplant
d. A person 65 or older entitled to a monthly Social Security check
The correct answer is d. Medicare Part A provides hospital coverage for eligible individuals who are 65 or older, as well as for some younger people with certain disabilities or health conditions.
However, simply being 65 or older and entitled to a monthly Social Security check does not necessarily guarantee coverage under Part A.
To be eligible for Part A, an individual must have paid into the Medicare system for a certain amount of time through payroll taxes or be the spouse of someone who has. This is commonly known as having "40 quarters of coverage." However, there are certain exceptions to this rule, such as for people with certain disabilities or health conditions.
Therefore, while options a, b, and c are all groups of people who may be eligible for Part A coverage, option d is not. Simply being 65 or older and receiving a Social Security check does not automatically make an individual eligible for Part A. It is important for individuals to understand their specific eligibility requirements and enrollment options to ensure they have the appropriate coverage for their healthcare needs.
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Adam Smith and David Ricardo pointed out limitations in mercantilism when they advocated that trade was a positive-sum game which means that _____.
Adam Smith and David Ricardo pointed out the limitations of mercantilism when they advocated that trade was a positive-sum game, which means that trade benefits both parties involved.
It is beneficial to all involved parties in terms of economics and international trade. According to Adam Smith, an economist, trade is a beneficial concept for nations. Smith and Ricardo believed that nations would be able to specialize in their particular goods and services through the concept of trade.
As a result, nations that specialize in producing certain products can trade their goods to other nations that specialize in producing other products. This concept is referred to as the theory of comparative advantage. A nation that specializes in producing certain goods and services will be more efficient than other nations that are less efficient at producing the same products. As a result, both nations benefit.
Trade is beneficial because it helps to increase the supply of goods and services available to consumers. This, in turn, lowers the cost of goods and services. Additionally, trade allows nations to access resources that they may not have access to domestically.
For example, nations that do not have access to oil can trade with nations that do. This helps to ensure that nations have access to the resources they need to sustain their economies. Finally, trade helps to promote global economic growth. By increasing economic growth, trade can help to reduce poverty and promote social stability.
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In the context of business product categories, the marketing of business services_
O focuses on quality and relationships
O emphasizes productivity
O focuses on providing emergency products
O emphasizes standardization
SynXis Property Hub is
Choose all that apply, and then select Submit.
A) A fully cloud based system.
B) Compatible with most devices.
C) Seamlessly integrated with SynXis CR.
D) Only compatible with Windows 7 workstations.
SUBMIT
4
A, B and C all are applicable except (D) Only compatible with Windows 7 workstations.
Reason -This statement is incorrect. SynXis Property Hub is compatible with a wide range of workstations and is not limited to Windows 7 only.
What is SynXis Property Hub -SynXis Property Hub is set to revolutionize the day-to-day operations of hotel properties by leveraging unique integrations across the SynXis platform, including the SynXis Central Reservation (CR) system that helps eliminate discrepancies in booking dates. A property management solution designed for you. Available in eight languages, SynXis CR enables you to execute unique, fine-tuned sales strategies that support your business objectives.
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Collected $1,200 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1. b. Purchased a machine for $32,000 cash on January 1. The company estimates annual depreciation at $3,200. c. Paid $5,000 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount. Transaction Assets BALANCE SHEET Liabilities Stockholders' Equity -300 +300 NE -3200 NE -1250 INCOME STATEMENT Revenues Expenses Net Income +300 NE +300 NE +3200 -3200 NE +1250 -1250 a. NE b. -3200 -1250 C.
a. NE and b. -3200 are the two transactions that are correctly classified as shown in the given balance sheet and income statement.
Transactions Assets Balance Sheet Liabilities Stockholders' Equity Collected $1,200 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1.+1200+1200Unearned Rent Revenue-1200NE+1200Purchased a machine for $32,000 cash on January 1.
The company estimates annual depreciation at $3,200.-32000-32000Machinery-3200NE-3200Depreciation Expense+3200NE-3200Paid $5,000 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount.+5000+5000Prepaid Insurance-5000NE+5000Transaction Assets Balance Sheet Liabilities Stockholders' Equity Collected $1,200 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1.
Unearned Rent Revenue-1200NE+1200 Purchased a machine for $32,000 cash on January 1. The company estimates annual depreciation at $3,200.-32000-32000 Machinery-3200NE-3200Depreciation Expense+3200NE-3200Paid $5,000 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount.+5000+5000Prepaid Insurance-5000NE+5000Therefore, the correct options are a and b.
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The third closing journal entry, after closing revenues and expenses, would include which of the following?
a) Debit Income Summary $9,400; and credit Retained Earnings $9,400
b) Debit Income Summary $10,000; and credit Retained Earnings $10,000.
c) Credit Income Summary $9,400; and debit Retained Earnings $9,400
d) Debit Income Summary $600; and credit Expenses $600.
The third closing journal entry, after closing revenues and expenses, would include Credit Income Summary $9,400; and debit Retained Earnings $9,400 Thus Correct option (c).
This journal entry reflects the closing of the Income Summary account, which was used to summarize the revenue and expense accounts for the period. The credit to Income Summary represents the total revenue for the period, while the debit to Retained Earnings represents the net income for the period that is being retained by the company.
This entry transfers the net income from the Income Summary account to the Retained Earnings account, which is a permanent account on the balance sheet. Option (a) and (b) both debit Income Summary account, which is incorrect as the Income Summary account is credited during the closing process. Option (d) is also incorrect as it represents the closing entry for only a single expense account, not the entire period's expenses.
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the deferral adjustment to record the amount of unearned service revenue that is now earned includes a debit to
The deferral adjustment to record the amount of unearned service revenue that is now earned includes a debit to service revenue and a credit to unearned service revenue.
When a service company receives money from a customer, the money is recorded as unearned service revenue. This is because the company has not yet delivered the service for which it was paid.
When the company finally provides the service, it must adjust its accounts to reflect the fact that it has earned the revenue from the customer. This is known as a deferral adjustment.
A deferral adjustment occurs when you pay or receive cash in advance for a service that will be provided at a later date. The goal of deferral adjustments is to ensure that the revenue is recorded when it is actually earned, as opposed to when cash is received.
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in the elman service model, [ select ] are economies based on non-intensive forms of food production.
In the elman service model, agroecological economies are economies based on non-intensive forms of food production.
What is agroecological economies?Agroecology is fundamentally different from other approaches to sustainable development. It is based on bottom-up and regional processes and helps provide contextual solutions to local problems. Agroecological innovation is based on knowledge co-creation, combining science with the traditional, practical and local knowledge of producers. Agroecology empowers farmers and communities as key agents of change by enhancing their autonomy and adaptability.
Agroecology transforms food and farming systems, addresses the root causes of problems holistically, and provides holistic and long-term solutions, rather than optimizing practices for unsustainable farming systems. We aim to This includes a clear focus on the social and economic aspects of food systems. Agroecology focuses on the rights of women, youth and indigenous peoples.
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Louis and Rodney Monarch obtained a 30-year, $191.500 mortgage loan. The interest rate is 6%. Their monthly payment is $1.148.14 For the first payment, what is the interest? What is the payment to principal? What is the new principal?
ANSWER:
To calculate the interest and principal payments for the first month of the mortgage loan, we can use the following formula:
Interest Payment = Interest Rate x Remaining Principal
Principal Payment = Monthly Payment - Interest Payment
New Principal = Remaining Principal - Principal Payment
First, we need to calculate the remaining principal for the first month, which is simply the total amount of the loan:
Remaining Principal = $191,500
Next, we can calculate the interest payment:
Interest Payment = 0.06 x $191,500 = $11,490
To find the principal payment, we can subtract the interest payment from the monthly payment:
Principal Payment = $1,148.14 - $11,490 = $662.24
Finally, we can calculate the new principal by subtracting the principal payment from the remaining principal:
New Principal = $191,500 - $662.24 = $190,837.76
Therefore, for the first payment, the interest payment is $11,490, the principal payment is $662.24, and the new principal is $190,837.76
. The following company has the following data:
BALANCE CHEET Income statement
Beginning inventory 25000 Net sales Revenue 120000
Ending inventory 18000 Cost of Gods Sold 70000
Account receivables 6500
Account payables 105000
Accordingly, calculate the Cash Gap and illustrate:
1) If the suppliers need to be paid after 40 days, is the company need a source of finance? If yes, the facilities needed to cover how many days?
2) How the company can cover the Gap?
3) What is the point of strength and weakness in the company operating cycle?
The company will require a source of financing to fill the liquidity gap of 187 - 40 = 147 days if suppliers must be paid after 40 days.
What is the financial gap formula?A company must divide the whole value of its interest-sensitive assets by the total value of its interest-sensitive liabilities to determine its gap ratio. After it has it, the corporation may choose to show this quotient as a decimal or a percentage.
Operating Cycle = DSI + DSO
DSI = Days of Sales Inventory = (Beginning Inventory + Ending Inventory) / (Cost of Goods Sold / 365)
DSI = (25,000 + 18,000) / (70,000 / 365) = 167 days
DSO = Days of Sales Outstanding = (Accounts Receivable / Net Sales Revenue) x 365
DSO = (6,500 / 120,000) x 365 = 19.79 days
Operating Cycle = 167 + 19.79 = 186.79 days ≈ 187 days
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Which of the following examples involve an innovation roles strategy? Check all that apply.
a. Nissan's CEO, Carlos Ghosn, stubbornly insisted on investing in an all-electric car, even when his 350,000 employees were against it. The result was the Leaf, the first mass-market, zero-emission car.
b. Mozilla (creators of Web browser Firefox and e-mail client Thunderbird) has an online store selling crowdsourced T-shirts. These shirts, designed by people who don't work for Mozilla, advertise Mozilla products in new and creative ways.
c. in 1943, a small team of Lockheed Martin engineers designed and built a new fighter jet in only 143 days. One of the rules for the team encouraged them to allow vendors to do basic inspections, thus allowing the team (known as the SKUNK WORKS) to spend more of their time on creating the product.
d. IBM moved Rod Atkins, then the head of IBM's Unix Computing Division, into a new assignment, "pervasive computing," where he was supposed to find an entirely new area for IBM to grow into.
Option b: There's an online crowdsourced T-shirt store from Mozilla, the company that created the Firefox web browser and Thunderbird email client.
These t-shirts are designed by non-Mozilla employees to promote their products in innovative and creative ways.
The Mozilla Corporation is responsible for developing Mozilla Firefox, a free and open source browser. Windows, OS X, Linux, and Android all support/aided Firefox. First available in November 2004, Firefox is fully customizable with themes, plugins and add-ons.
The Mozilla Firefox web browser, or simply Firefox, is developed by the Mozilla Foundation and its subsidiary, the Mozilla Corporation. Display online pages, including current and future web standards, using the Gecko rendering engine.
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Matt must send a refusal letter to Ryan, who recently interviewed for a job. Which of the following will be the best closing?
a. If you have any questions, Ryan, do not hesitate to call me.
b. If you had the required five years' experience in social work, we could have included you in the final slate of candidates.
c. Again, Ryan, we truly regret being unable to offer you this position.
d. We wish you all the best in your job search.
c. Again, Ryan, we clearly remorseful about being unable to offer you this position.
When having to write a rejection or refusal message what's one factor that can help maintain goodwill?use a well mannered buffer and give an explanation for your rationale in a few words. Within the textual content of a bad-news message, it is appropriate to use passive voice with phrases such as even though and alternatively to soften the refusal and preserve goodwill.
Adjustment refusals are used only when the reader has refused to pay the quantity owed. Which of the following is the most excellent phrase to use in an adjustment refusal message? cement your effort to cover the depend positively.
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at month end, and a check for $2600 was erroneously charged by the bank against the account, the correct balance in the bank
account at month end is
$114500.
$72600.
$34500.
$31900.
Answer:
114500 Roth ddududududjdhfjf
Would you buy an apparel item with your college name or logo on it if you knew it was produced in a country where workers toiled in sweatshops? Why or why not?
Individuals may have different ethical considerations when making a purchasing decision, and some may choose not to buy apparel items with their college name or logo on them if they knew it was produced in a country where workers toiled in sweatshops.
Such individuals may prioritize the ethical treatment of workers and the avoidance of contributing to exploitative labor practices over their desire to own merchandise with their college name or logo on it. Other individuals may prioritize affordability or convenience over ethical considerations.
Ultimately, it is up to each individual to make their own informed purchasing decisions based on their personal values and beliefs.
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Which of the following is a major competitive dimension that forms a company's strategic operational competitive position in their strategic planning?
a. Straddling
b. Focus
c. Cost or price
d. Automation
Cost or price is a major competitive dimension that forms a company's strategic operational competitive position in their strategic planning. Option C
Competitive dimensions refer to the characteristics or attributes of a product or service that consumers regard as important when making a purchase decision.
Customers consider these dimensions when evaluating products or services from various suppliers in the market. As a result, they may select a product or service based on how well it fulfills their needs.
The following are the major competitive dimensions that shape a company's strategic operational competitive position in their strategic planning: Cost or price Quality Delivery speed Delivery reliability Coping with changes in demand Flexibility Innovation
Note: Straddling is a pricing strategy that involves charging prices that are higher than those of low-cost producers but lower than those of high-end producers. Automation is a manufacturing process that involves the use of machinery to produce goods. It is not one of the competitive dimensions of a product or service.
So, Focus is a competitive dimension that involves serving a particular market segment or niche. is the correct answers. The correct answer is C.
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If the current mix of output is at point A and the optimal mix of output is at point E, does a market failure exist?
Yes
No
A. Yes, a market failure exists when the current mix of output is not at the optimal mix of output, as is the case with points A and E.
Market failure occurs when the market is not allocating resources efficiently and prices are not accurately reflecting their true costs or benefits. This can be due to externalities, information asymmetries, or other factors. When this happens, the market is unable to correct itself and the optimal mix of outputs is not achieved.
For example, if a factory is producing goods but is unable to take into account the negative externalities of its production, such as pollution, then the price of its goods will not accurately reflect its true cost to society. As a result, the factory will be producing at a point (A) that is not the optimal mix of output (E). This creates a market failure. Therefore the correct option is A
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identify the soft benefits (qualitative) of implementing an effective sales and operations planning process. (check all that apply.)
An effective S&OP process can help improve communication and collaboration, improve customer service, improve financial health, reduce waste and increase efficiency.
The soft benefits (qualitative) of implementing an effective Sales and Operations Planning process are numerous.
First and foremost, a successful S&OP process can improve communication and collaboration between sales, operations, and other departments within an organization. With better communication and collaboration, teams can more easily identify problems and provide effective solutions.
Second, an effective S&OP process can help improve customer service by increasing the speed and accuracy of order fulfillment. A well-implemented S&OP process can provide accurate demand forecasts and ensure that production and supply chains are aligned with customer demands.
Third, an effective S&OP process can help improve the financial health of a business.Fourth, an effective S&OP process can help reduce waste and increase efficiency. By ensuring all departments are aligned, businesses can more accurately track costs and identify areas of inefficiency.
Lastly, an effective S&OP process can help businesses better predict and respond to changes in customer demands.
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Research shows that ___________ does not improve reading comprehension because it does not encourage elaborative processing of the material.a. highlightingb. organizationc. making up questions about the materiald. feedback
Research shows that Feedback does not improve reading comprehension because it does not encourage elaborative processing of the material.
What is feedback?Feedback is an event that occurs when the output of a system is used as an input to the system as part of a cause and effect chain. This changes the variables in the system, giving different results and therefore different feedback. This can be good or bad. Feedback is essential and good in any system that requires knowledge of results in order to improve or provide certain results. But for systems that don't need feedback, such as audio systems, feedback is often bad. Taking a microphone and speaker system as an example, when sound from a speaker (output) is picked up by a microphone (input), there is negative feedback that produces a very high pitched sound.
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Introduction Read the overview below and complete the activities that follow Contracts are classified in a number of different ways. Different classifications are useful for different purposes. This interactive reviews the primary ways by which we class ify contracts. CONCEPT REVIEW: Review the section "Classification of Contracts" in your text to understand the differences among bilateral, unilateral, express, implied, formal, and informal contracts. The dlagram below Illustrates three different ways of categorizing contracts: (1) bilateral vs. unilateral; (2) express vs. Implied, and (3) formal vs. Informal. First, roll over each title and read the scenarios glven. Then drag and drop the title into the appropriate circle on the diagram. Medical Emergency Reward for Wallet $4,000- Chimney Handwritten Letter of Credit Written Terms Agreement Informal Express Unilateral Implied Bilateral Formal Contracts Contracts Contracts Contracts Contracts Contracts
Bilateral vs. Unilateral Contracts: A bilateral contract is an agreement between two parties in which both parties promise to perform an act or service in exchange for something else.
What is Bilateral vs. Unilateral Contracts?For example, a contract to sell a car in exchange for money is a bilateral contract because both parties are making promises to perform an act. On the other hand, a unilateral contract is a promise made by one party to do something in exchange for the other party's performance. For example, a reward for the return of a lost wallet is a unilateral contract because the person making the promise is not obligated to pay until the other party performs the requested action.
Express vs. Implied Contracts: An express contract is one that is created through a clear and definite agreement, either in writing or verbally. The terms of an express contract are explicitly stated and agreed upon by both parties. An implied contract, on the other hand, is one that is not explicitly stated, but rather inferred from the actions of the parties involved. For example, if you go to a restaurant and order a meal, there is an implied contract that you will pay for the food you have ordered.
Formal vs. Informal Contracts: A formal contract is a written agreement that has been signed and witnessed, and usually requires certain formalities to be followed, such as the use of specific legal language. Formal contracts are often used in business and legal transactions. An informal contract, on the other hand, is an agreement that is not written down and does not require any formalities. For example, an agreement between friends to split the cost of a vacation rental would be an informal contract.
It's important to note that a contract can fall into multiple categories. For example, a contract to buy a house may be bilateral, express, and formal.
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comparing the decision-making process between large and small firms, which of the following statements is accurate?
Answer: Small businesses usually have only one layer of management that helps speed decision making
Explanation:
ebay is an example of a(n) b2b? site that allows buyers to bid and compete for a variety of new and used goods
eBay is an example of a(n) auction. eBay is the market leader in C2C auctions.
Consumer-to-consumer, or C2C, e-commerce refers to online exchanges between two individual end users for the sale or purchase of goods. Online markets like eBay, Etsy, or Taobao, as well as auction websites and forums like Craigslist, are used for C2C activity. Customers can sell and resell both new and used things on these platforms.
In recent years, the shift to mobile has ushered in shopping platforms that encourage consumers to sell to and buy from other consumers without opening a business or enlisting the help of a third party. C2C e-commerce is particularly advantageous for the fashion industry and well-liked by younger generations on the app front. The social shopping software Depop, which enables millions of resellers and sellers to open a store and engage with customers, is an illustration of this trend.
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The Standard Form to Confirm Account Balances with Financial Institutions includes information on all of the following except:
the standard form to confirm Account Balances with financial institutions includes information on all of the following except The principal amount paid on a direct liability.
the standard form is used to confirm deposit account balances and loan account balances with financial institutions. The form isn't always designed to find out records that doesn't seem at the confirmation request; therefore, financial institutions should not be expected to disclose statistics approximately different transactions or preparations on this general form. fabric accounts, agreements, or transactions which can be believed to exist, but have no longer been disclosed by means of management, need to be explicitly asked from the economic group cut loose this shape.
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What is the rate if the base is 366 and the portion is 50
If base is 366 and quotient is 50 then the rate is 13.66%.
The given rate is calculated as follows: Rate = (Portion/Base) × 100Let's plug in the values to find the rate: Rate = (50/366) × 100= 13.66...% (rounded to two decimal places)Therefore, the rate if the base is 366 and the portion is 50 is 13.66%. In other words, the portion of 50 is 13.66% of the base of 366.To understand what rate is, let's look at an example: Imagine you have a bowl of fruit that contains 5 apples and 15 oranges. The rate of apples to the total fruit is (5/20) or 0.25, which is equivalent to 25% (since we multiply the decimal by 100 to get the percentage).The rate tells us how much of one thing there is in relation to the whole. In the example above, the rate of apples tells us that 25% of the fruit in the bowl is apples. Likewise, in the given problem, the rate of 13.66% tells us that 13.66% of the base of 366 is equal to the portion of 50.
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FILL IN THE BLANK. Recording depreciation results in the allocation of the cost of a long-term asset to the years during which the asset provides _________ .
By recording depreciation, the cost of a long-term asset is divided among the years in which it generates income.
What is the process of dispersing an asset's cost called depreciation?Instead of deducting the cost as an expense in the year of acquisition, depreciation is the practise of spreading the cost of tangible property over a period of time.
What is the name of the reported annual depreciation amount?This means that every year the asset is used and produces money, an expense associated to using it up must be declared. The total amount of depreciation applied to an asset up to a particular point is known as accumulated depreciation.
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For the following, identify whether the tax or payments are consistent with the benefits principle or the ability-to-pay principle of tax fairness.
1. National park entrance fees
a. Benefits (received) Principle
b. Ability-to-Pay Principle
2. Income taxes
a. Benefits (received) Principle
b. Ability-to-Pay Principle
3. A lump sum or poll tax
a. Benefits (received) Principle
b. Ability-to-Pay Principle
4. Cigarette taxes
a. Benefits (received) Principle
b. Ability-to-Pay Principle
5. Carbon tax
a. Benefits (received) Principle
b. Ability-to-Pay Principle
6. Gasoline taxes
a. Benefits (received) Principle
b. Ability-to-Pay Principle
7. Luxury tax
a. Benefits (received) Principle
b. Ability-to-Pay Principle
8. Progressive property tax
a. Benefits (received) Principle
b. Ability-to-Pay Principle
For the following, the items have been identified as whether the tax or payments are consistent with the benefits principle or the ability-to-pay principle of tax fairness.
National park entrance fees - Benefits (received) PrincipleIncome taxes - Ability-to-Pay PrincipleA lump sum or poll tax - Ability-to-Pay PrincipleCigarette taxes - Ability-to-Pay PrincipleCarbon tax - Ability-to-Pay PrincipleGasoline taxes - Benefits (received) PrincipleLuxury tax - Ability-to-Pay PrincipleProgressive property tax - Ability-to-Pay PrincipleWhat is the explanation for the above response?The benefits principle states that those who receive more benefits from public goods and services should pay more for them, while the ability-to-pay principle states that those who have more ability to pay taxes should pay more.
Taxes such as national park entrance fees, gasoline taxes, and luxury taxes are consistent with the benefits principle, while taxes such as income taxes, poll taxes, and progressive property taxes are consistent with the ability-to-pay principle.
Taxes on goods that are harmful or contribute to negative externalities, such as cigarette taxes and carbon taxes, are also typically based on the ability-to-pay principle.
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The absence of a legal system that protects property rights and the lack of machinery to enforce that system in a market economy usually results in:
An improvement in the operating efficiency of newly privatized firms.
Reduced barriers to foreign direct investment and international trade.
An increase in the incentives to engage in economic activity.
Deregulation and privatization of the economy.
The lack of incentive to engage in economic activity
In a market economy, the absence of a legal system that protects property rights and the lack of machinery to enforce that system generally result in a lack of incentive to engage in economic activity.
Hence, option (d) is correct choice.
A market economy is a system in which goods and services are traded on the basis of supply and demand. Market economies allocate resources and fix prices based on the principles of supply and demand. Entrepreneurs are free to start businesses and compete, and buyers and sellers are free to make transactions with one another.
A legal system that protects property rights is essential for a functioning market economy. It allows businesses to acquire and hold property and protect their assets from theft or destruction. When a market economy lacks this legal system, individuals and businesses may have little incentive to engage in economic activity because they cannot be assured that their property and other assets will be protected.
Because of this, the lack of a legal system that protects property rights and the lack of machinery to enforce that system usually result in the lack of incentive to engage in economic activity.
Hence, "option (d)" is correct choice.
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which of the following would cause the balance sheet to appear stronger and income statement to appear more profitable than it should?
There are a number of methods, including manipulating expenses, accelerating or delaying revenue recognition, understating liabilities, and overstating assets.
Which of the following would make the income statement appear more profitable than it ought to and the balance sheet appear stronger?Which of the following would make the income statement appear more profitable than it should and the balance sheet appear stronger than it should? capitalising expenses that ought to be incurred. Because an asset is debited rather than an expense when costs that should be expensed are capitalised, assets are overstated.
Which of the following has an impact on both the income statement and the balance sheet?Acquisition of Inventories. Both the income statement and balance sheet will be impacted by the inventory transaction. Option D is the correct answer.
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which of the following reflects the most common approach companies often use to enter the international arena?
The most common approach companies often use to enter the international arena is exporting.
When companies plan to enter the international market, they must carefully choose the most efficient method to accomplish it. There are different methods available, but the most common method is exporting. Exports are the most common entry mode for most businesses because they entail the least amount of risk, cost, and commitment.
Companies do not have to make extensive investments in the foreign market, such as building or purchasing manufacturing facilities, since they have access to existing foreign channels of distribution through exporting. Exporting is the process of selling goods or services to another country. When businesses sell their products to customers outside of their home country, it is referred to as an export. The transaction can occur through direct or indirect exporting.
The process of direct exporting involves the business managing the entire export process itself, while indirect exporting involves the use of intermediaries. The most common approach companies often use to enter the international arena is exporting. Companies have access to existing foreign channels of distribution through exporting, and they do not have to make extensive investments in the foreign market.
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In general the CPI only monitors the prices of goods overtime. It usually does not adjust for changes in the ___
In general the CPI only monitors the prices of goods overtime. It usually does not adjust for changes in the quality of goods.
What does CPI monitors in an economy?The Consumer Price Index (CPI) is the primary economic indicator used to track a country's inflation rate and the cost of living. It consists of a basket of goods and services, with the basket price calculated as a weighted average of the retail prices of the constituent items.
CPI is published monthly, but quarterly and annual reports are also common. The regular release of CPI reports allows us to examine the change in prices of individual items as well as the basket as a whole over time. The inflation rate is the rate at which the basket price changes over time.
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