This individual has experienced Vertical type of social mobility.
What is social mobility?Individuals, families, homes, and other groups of people migrate within or between social strata in a society, which is referred to as social mobility. It is a shift of social status in relation to one's current social position within a society.
The ability of people to migrate between socioeconomic strata during their lifetime and between generations is referred to as social mobility. [a] Individual results in nations with minimal social mobility are heavily influenced by their beginning point in life.
The link between a person's occupation or income and their parents' occupation or income is referred to as social mobility. There is less social mobility if there is a strong relationship. There is more social mobility where there is a weak connection.
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Rachel bought her house years ago for $100,000. over the years she has made $25,000 in improvements to the home. the house is now valued at $275,000. this is an example of the principle of:________
This is an example of the principle of unearned increment.
Unearned increment refers to the amount by which land increases in value because of generally improving conditions in the area, and not because of any particular efforts by the property owner.
When Rachel bought her house years ago, the price of the house was $100,000. Over the years she made improvements worth $25,000.Thus, the house is now valued at $275,000. Which is an unearned increment.
For instance, the value of a property increases because of the population increase in that particular region.
Hence, unearned increment is an increase in the value of land or other property through no expenditure by the owner.
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The __________ is often used as the starting point for the selling and administrative expenses budget. sales budget factory overhead cost budget production budget cost of goods sold budget
The sales budget is often used as the starting point for the selling and administrative expenses budget.
A sales budget is a planning tool that allows companies to manage resources and profits based on expected sales. A master budget always begins with the sales budget, as it must be prepared first as this determines the number of units that will need to be produced.
Sales budget takes into account previous sales patterns and budgets for similar time periods so that each department can have a big-picture idea of where they stand financially. Thus, sales budget is considered as the starting point for budgeting.
Hence, option A is correct.
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What is the effect on net income for the current year if a company fails to record a purchase of materials in transit (fob shipping point) but includes the materials in physical inventory at year-end?
Net income is overstated.
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
Net income, in both business and accounting, is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period.
Your gross income less any deductions made by your company or the government from your paycheck is your net income. Take-home pay is another term for net income. Your company will subtract federal, state, local, Social Security, and Medicare taxes while processing your paycheck.
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Funding from politically active nonprofits whose donors and amounts contributed do not have to be made public is called:_______
A secretive funding refers to those funding from politically active nonprofits whose donors and amounts contributed do not have to be made public.
What is a secretive funding?This refers to the process of the hidden method used by a political party to raise money for its campaigns and routine activities.
The secretive funding of the political parties is also an aspect of its campaign finance.
Hence, the secretive funding refers to those funding from politically active nonprofits whose donors and amounts contributed do not have to be made public.
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what businesses could do to assist a community experiencing a crisis in education
Companies can assist in the development of a community that is going through an education crisis with investments in education, such as educational programs, subsidies and support to educational institutions.
What is CSR?It corresponds to an acronym for corporate social responsibility, which are means that companies use to attest to their social and environmental responsibility in a strategic way, instituting programs and investments in the local community, to generate value for the brand through the positive perception of stakeholders.
Consumers are increasingly interested in consuming from companies with positive practices for socio-environmental development that go beyond legal requirements, which is a relevant competitive advantage.
Therefore, CSR aims to institute continuous improvement in the organization, waste reduction, relationship creation and quality in its internal and external processes.
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Tax breaks, loans, and guaranteed high prices are examples of what type of protectionism?
Tax breaks, loans, and guaranteed high prices are examples of subsidies protectionism.
What is Protectionism?
Protectionism refers to government policies that help to boost domestic industries while restricting international trade. The objective of protectionist policies is usually to improve the economic conditions within a domestic economy. The protectionist policies can also be implemented for improving the quality of products or safety concerns. There are different protectionist policies and tools that a government can use to implement and improve economic activity such as tariffs, product standards, import quotas, and subsidies.
Therefore, tax breaks, guaranteed high prices, and loans are examples of subsidies protectionism.
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The agent’s responsibility to understand the local real estate market, know the client’s specific needs and assist the client in evaluating the terms of an agreement is the duty of:_______
The agent’s responsibility to understand the local real estate market, know the client’s specific needs and assist the client in evaluating the terms of an agreement is the duty of transaction.
A real estate agent allows his or her clients to buy, hire, or promote houses. They advise clients approximately marketplace situations, conduct walkthroughs, and provide steering and help through the manner of buying, promoting, or leasing properties.
You may quickly recognize whether or not you are in a client's or supplier's market, what buyers are looking for, how list prices evaluate to promoting prices, and so forth. Having all of these facts can help you make decisions that maximize your margins through the sale.
Inside the agency courting, the Agent owes a fiduciary obligation to the foremost, which compels the Agent to behave handiest within the pleasant interests of the most important. The fiduciary obligation prevents the Agent from acting in a way that conflicts with the interests of the main.
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What indicates the earning power of a project?
a) market share
b) efficiency mis
c) metrics return on investment
c) metrics return on investment indicates the earning power of a project.
Investment is dedicating an asset to achieve an increase in value over a period of time. Making an investment requires sacrificing your current assets such as time, money, and effort. The purpose of investment in finance is to generate profit from the invested assets.
The definition of investment is an asset that is purchased or invested to build wealth and save money from hard earned income or capital appreciation. The importance of an investment is primarily to gain an additional source of income or to make a profit from the investment over a period of time.
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Ge's recall of 3. 1 million dishwashers cost the company more in repairs than the value of the actual dishwashers. This is an example of which quality principle?
Ge's recall of 3. 1 million dishwashers cost the company more in repairs than the value of the actual dishwashers. This is an example of the quality principle where the cost of poor quality is underestimated.
As the dishwashers are of poor quality, the cost of the company is going more in repairs than the value of the actual dishwashers. Thus, the cost of poor quality is defined as the costs associated with providing poor quality products or services.
Such inferior quality products or services can lead to dissatisfaction among the customers, resulting in lost revenue and decreased customer loyalty.
Hence, this is an example of the quality principle where the cost of poor quality is underestimated.
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True or false? the patient should be given a receipt for payments on account even if the account is not paid in full.
The statement is True.
What does receipt mean?Receipts are formal records that serve as evidence of a transaction or purchase involving money. Both stock market transactions and business-to-business exchanges issue receipts. As evidence of some expenses, receipts are also required for tax purposes.A payment receipt, also known as a receipt for payment, is a record that serves as evidence of purchase. It is supplied by a company to its clients following the receipt of payment for any good or service.The patient's receipt can assist you to understand this. You have a right to the patient's receipt under the law. This implies that if you request it, your doctor is required to give it to you. Its contents must be clearly explained and understandable to laypeople.The patient should be given a receipt for payments on account even if the account is not paid in full.
The statement is True.
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A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign is called?
A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign is called unique selling proposition.
The one thing that sets your company apart from the competitors is known as a unique selling proposition, or USP. When compared to other companies in your market, it is a specific feature that distinguishes your company.
Establishing an opinionated and deliberate USP influences message, branding, copywriting, and other marketing decisions while helping to focus your marketing plan. At its core, a USP should succinctly respond to a prospective customer's most pressing inquiry when they come across your brand:
“What makes you different from the competition?”
Your USP should be built on what makes your brand or product especially useful to your target market and play to your strengths. Being "unique" in and of itself is rarely a powerful USP. Your messaging won't be nearly as powerful if you don't differentiate around a factor that matters to your target audience.
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How much would you expect to pay for a $10,000 stripped treasury bond quoted at 101:16?
It is $10,262.50.
5/8 of a bond point ($10) =.625 $10 = $6.25; par ($1,000) 102% = $1,020. As a result, the quote reading 102-5/8 equals $1,026.25 ($1,020 plus $6.25) per bond.
Assuming the buyer is buying 10 bonds, we multiply $1,026.25 by 10 bonds to get the total price the consumer will have to pay, which comes out to $10,262.50.
Treasury bonds (sometimes known as T-bonds) are U.S. Federal Government debt securities with maturities longer than 20 years. T-bonds accrue interest on a periodic basis until maturity, at which time the owner is additionally compensated with the principle amount.
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An accountant who works for a single business or government agency is referred to as a?
An accountant who works for a single business or government agency is referred to as a private accountant.
A private accountant works for the benefit and gain of a specific business or government agency. Private accountants work is to review their client's internal business documents and work with financial managers in order to plan budgets and evaluate fiscal performance.
Private accountants are also called internal accountants, as they work for a single company. In a company, their work is to prepare and analyze reports for an internal manager.
Hence, a private accountants work is then analyzed and reviewed by a public accounting firm.
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A(n) __________ is a larger work segment comprised of several tasks that are performed by individuals.
A duty is a larger work segment comprised of several tasks that are performed by individuals.
A duty is a major subdivision of work which is performed by any one individual.
It includes similar tasks that make up one area of responsibility.
Duties consist of different tasks whereas different duties make up a single job for any individual.
Most of the jobs have four to eight duties.
For instance diffrent duities related to management services officer are:
Budgetary analysis
Budget control
Contract and grant administration
Supervision of personnel resources
Material management
Space utilization
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When goods are shipped FOB destination and the seller pays the freight charges, the buyer a.journalizes a reimbursement to the seller b.does not take a discount c.makes no journal entry for the freight d.journalizes a reduction for the cost of the merchandise
When goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.
What are the journal entries for FOB destination transactions?When merchandise is sold on FOB destination terms, it implies that the seller is legally responsible for the safety of the goods until delivered to the buyer. In most cases, the buyer does not pay for the freight.
In such a case, the Seller also records the delivery expense or freight as a period expense.
The buyer does not make any journal entry for the cost of delivery or (freight). Since the seller bears all the delivery risks, the buyer can only pay for the cost of the goods when they reach the buyer's destination.
Thus, when goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.
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The Levi Company issued $200,000 of 12% bonds on January 1 of the current year at face value. The bonds pay interest semiannually on June 30 and December 31. The bonds are dated January 1, and mature in five years, on January 1. The total interest expense related to these bonds for the current year ending on December 31 is
24000, The total interest expense related to these bonds for the current year ending on December 31 is 24000 (12% of 200000)
More about bond interest expense:
Bond interest expense is the total amount of interest paid on the payable bonds of an organization during a reporting period. This cost includes the amortization of any premium or discount on bonds that were issued for the reporting period and based on the cost at which investors purchased them.
It should be rather simple to figure out the interest expense on a payable bond, but then the accountants got involved. Generally Accepted Accounting Principles, or GAAP, make what would normally be a straightforward multiplication problem a little bit more challenging.
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A(n) ________ constraint addresses the sequence in which project activities must occur even after considering resource constraints.
A technical or logic constraint addresses the sequence in which project activities must occur even after considering resource constraints.
Technology-associated circumstance or maybe that stops the assignment from completely turning in an appropriate way to customers and end users.
Logical constraints are one precise form of discrete or numerical Constraints.
It sincerely way the cease-to-end manner of moving and storing elements of completed and unfinished items. as instance, a vehicle production employer will shop and transfer motors (or their parts) in a systematic way.
Operations control consists of three stages: strategic, tactical, and operational.
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Apple's use of the professional r&d laboratory ideo to create the first computer mouse is an example of______ innovation.
Apple's use of the professional r&d laboratory idea to create the first computer mouse is an example of product innovation.
There are four types of products: consumer goods, general-purpose goods, specialty goods, and non-demand goods, based on consumer preferences, prices, and product characteristics. Let's take a closer look at each.
His strategy is to create interest in a particular product or brand without directly promoting the brand. He also increases brand awareness and provides valuable information to customers. Example: A dog shampoo company regularly posts blogs to offer its customer's dog grooming tips. Related:
A service is an intangible activity or benefit provided by an organization to meet consumer needs in exchange for money or other value, such as product innovation.
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How can project managers align their projects to the objectives of the organization?
With the aid of aligning projects with methods, corporations can make sure that they make investments most effective in those projects which allow them to perform their objectives.
Align undertaking management with an organizational approach:
the way to Align Your Organizational approach and mission control style.Prioritize.pick out your framework.recognize the roles of leadership for your agency.Get the work accomplished.assessment and degree of your work.realize while to stop or while to push ahead.The stairs which can be required for you to carry out mission alignment encompass analyzing the corporation, identifying strengths and weaknesses, figuring out the most appropriate assignment and pleasant technique, and growing an approach-mission street map and plan.
Alignment can also assist enhance task success quotes and, therefore, the potential for the enterprise to cope with patron desires and expectations. studies have shown a sizeable growth in organizational economic performance and undertaking achievement rates while projects had been aligned with enterprise techniques.
The system includes the subsequent six steps “Set the desires and establish a crew, apprehend the commercial enterprise-IT linkage, examine and prioritize gaps, Specify the moves (assignment control), pick out and examine achievement criteria, sustain alignment”
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What command can be used to display user account ids and group ids for your currently logged in user account?
The ID command can be used to display user account ids and group ids for your currently logged-in user account.
What is the id command?The message providing the system identifications (ID) for the user-supplied is written to standard output by the id command. The system IDs are numbers that serve to identify individual users as well as user groups. When appropriate, the id command outputs the following data:
Real user ID and usernameGroup name and actual group ID for the userNames of the user's supplemental groups and their corresponding IDsOnly systems that support multiple-user groups and only when the specified user is a member of a supplementary group are supplementary group details written.Learn more about the user identity with the help of the given link:
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What does it mean to say that a currency appreciates? depreciates? becomes stronger? becomes weaker?
When a currency appreciates, it means it increased in value relative to another currency; Depreciates means depreciation or depreciation relative to other currencies. It is often said that the dollar is strong when it is bought by equal or greater value in another currency. If the purchase amount is less than the equivalent, it is weak.
An example of a currency would be the US banknotes you have on hand. It is one of the coins issued by the United States, along with pennies, nickels and quarters. Currencies are also banknotes and coins issued by governments of other countries around the world.
Currency is anything of general value as a medium of exchange that can be exchanged for goods and services. The trading system within an economy is based on a currency, usually country-specific and issued by that country's government.
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An increase in the number of sellers of a good will __________________ for that good.
An increase in the number of sellers of a good will ceteris paribus for that good.
Ceteris paribus is a Latin expression that translates to "other things equal" in English. Other English translations of the Latin expression are "other things held constant" and "all else untouched." Ceteris paribus, which roughly translates to "all other things being equal," is a Latin expression. When all other variables are held constant, it serves as a concise indication in economics of the impact one economic variable has on another.
Ceteris paribus is a situation in which all other factors remain constant. For instance, if Coca-price Cola's decreases, ceteris paribus, its demand will rise. Ceteris paribus denotes the absence of consideration for, or assumption of, other factors.
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Under a straight life annuity, if the annuitant dies before the principal amount is paid out, the beneficiary will receive?
Nothing the payments will cease.
Payments:
For the balance of the annuitant's life, a straight or pure life annuity will provide a set sum of income. Regardless of the amount of unpaid principal, this payment will end at death. There are no compensation or refunds made to survivors.
The beneficiary will receive the amount placed into the plan or the cash value, whichever is larger, if the annuitant passes away before the payment term.
Banknotes and coins (cash), deposits, and credit on an account with a financial institution or a comparable entity that can be run using payment instruments are all considered means of payment.
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Money is used for buying and selling goods and is therefore considered what?
a) not very liquid
b) a medium of exchange
c) debt a checkable deposit
In a(n)____, one company, or even a small group of cooperating companies has control of the supply of a product or service.
In acquisition, one company, or even a small group of cooperating companies has control of the supply of a product or service.
The term mergers and acquisitions (M&A) refers to business transactions where the ownership of corporations, other businesses, or their operating units is transferred or combined with another entity.
M&A can help businesses expand or contract, change the character of their operations, or improve their competitive position as a component of strategic management.
Legally speaking, an acquisition is when one entity buys the stock, equity interests, or assets of another business. A merger, on the other hand, is the legal fusion of two entities into one.
From a business and economic perspective, these kinds of transactions typically lead to the consolidation of assets and liabilities into a single organization.
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Align Technology uses a ________ approach to produce clear plastic removable aligners. repetitive focus process focus product focus mass customization crossover
Align Technology uses a mass customization approach to produce clear plastic removable aligners. repetitive focus process focus product focus mass customization crossover.
A company's process strategy is an approach to transforming resources into goods and services. Intermittent processes are organized around processes. Device utilization is lower in process-oriented facilities. A typical full-service restaurant uses a product-centric process.
Process Design and plastic removable Analysis is a module that examines networks of unit operations and unit processes and attempts to fully understand them in terms of material and energy flows. That is, it should be possible to calculate the total amount of all chemicals present in each part of the chemical process.
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Value takes into account both benefits and price. if price is lowered but benefits stay at the same levels, then?
Value takes into account both benefits and price. if price is lowered but benefits stay at the same levels, then value will increase.
What is the relation between value, price and benefit?
Value is the ratio of price to perceived advantages. This correlation demonstrates that value rises at a given price as perceived advantages rise.
What is the concept of customer value?
Customer value is the estimation of a product or service's value to a customer in comparison to potential substitutes. Worth refers to whether the customer believes that the benefits and services outweighed the price they paid. Customer value (CV) can be expressed in an equation as benefits minus costs (CV = B – C)
Why is price so important?
After the product is manufactured, pricing plays a crucial role in decision-making. The product's price determines its future, the product's acceptance by customers, and the product's return and profitability.
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4. nancy billows bought a $7,000 desk at furniture.com. based on her income, nancy could only afford to pay back $700 per month. the charge on the unpaid balance is 3%. the u.s. rule is used in the calculation. calculate the balance outstanding at the end of month 2.
The computation of the balance outstanding at the end of the month 2 is shown below:
Month Due balance Interest Monthly Balance Outstanding
payment Reduction Balance
1 $7,000 $210 $700 $490 $6,510
($7,000 × 3%) ($700 - $210) ($7,000 - $490)
2 $6,510 $195.30 $700 $504.70 $6,005.30
($6,510 × 3%) ($700 - $195.30) ($6,510 - $504.70)
Outstanding balance definition :
An outstanding balance is the amount you owe on any debt that charges interest, like a credit card. Most often, it refers to the amount you owe from purchases and other transactions made with your credit card. It's also called your current balance.
Your outstanding balance is what you currently owe on your card and can include:
PurchasesCash advancesBalance transfersInterest chargesFeesCard issuers assign specific credit limits (spending limits) on your cards. Your outstanding balance helps determine how much much credit (money left to spend) you have available. To find out how much you have left, simply subtract your outstanding balance from your credit limit. Don't forget to include any charges that haven't shown up on your credit card account yet.
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Protectionism is the use of trade barriers to protect local companies and their workers from?
Protectionism is the use of trade barriers to protect local companies and their workers from foreign competition.
Company Employee means any current or former employee or director (whether an employee or not), consultant or otherwise associated with the Company or any of its subsidiaries or any beneficiary of your Company. means a service provider (whether an employee or not) of Corporate Employee is defined in Section 3.18.
A worker can be a worker. Often, but not always, the term refers to someone engaged in a craft or trade. However, the term “Apple Inc.” has the same meaning as “employee.” has over 123,000 employees. ”
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Coffee beans are an input in the production of coffee. Coffee in turn is a complement to pie. an increase in the price of coffee beans can be expected to?
An increase in the price of coffee beans can be expected to increase the demand for pie.
So, in the market if the price of coffee beans increases, quantity demanded for coffee will decrease. As, the coffee in turn is a complement to pie the consumers using coffee will now shift themselves to pie, unless the price decreases for coffee. Thus, the demand for pie is expected to increase now.
Several events could lead to such a change, an increase in population , an increase in incomes, or an increase in the price likely to increase the quantity of coffee demanded at each price.
Hence, this represents the Law of Demand.
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Answer:
increase the demand for pie.
Explanation: