Under the perpetual inventory system, when a wholesaler returns goods purchased on account, the Merchandise Inventory account is credited.
Merchandise inventory incorporates the goods that outlets and resellers have purchased with the rationale to promote to clients. products stock is categorized as a current asset on the organization's balance sheet. For some stores, it is their biggest asset.
Let's consider a fixtures shop buys desks with the intention to be bought immediately to the give up a customer. The store additionally buys computers for personnel to apply frequently. here, the desks may be categorized as products stock, but no longer the computers.
Inside accounting, products are taken into consideration as present-day assets because it's commonly anticipated to be liquidated (sold, become cash) within a yr. while bought, merchandise should be debited to the inventory account and credited to cash or accounts payable, depending on how the products were paid for.
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The term __________ refers to the __________ that a bond is expected to pay at the time of purchase.
The term bond yield refers to the rate of return that a bond is expected to pay at the time of purchase. The yield on bond is the discount rate that can be applied to bring the bond's price and the present value of all of its cash flows into balance.
In other words, the present value of all the cash flows is added to determine the price of bond. The same discount rate is used to value each cash flow in the present. The yield is the discount factor. The term bond yield refers to the rate of return.
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What played a crucial role in making britain the site of the first industrial revolution?
Over ninety-five percent of the population was literate, which played a crucial role in making Britain the site of the first industrial revolution.
Who were the real gainers in the Industrial Revolution?
Between 1815 and 1830, there was a decline in prices and a marginal rise in salaries. Real earnings appear to have increased between 1830 and the late 1840s. The middle class and a few competent employees whose employment was spared by the new machines were the true winners in the early Industrial Revolution.
Why is the Industrial Revolution the most impactful of all revolutions mentioned?
Because it altered Europe's economic and social structure, the Industrial Revolution was revolutionary. New approaches to arranging human labor were required during the revolution in order to optimize the advantages and revenues of the new machines.
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A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they:______
A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they add enough value to products to outweigh the added costs.
What is marketing?Marketing refers to all actions taking by an entity towards attracting the interest of potential buyers. It consists of all activities, aimed at promoting immediate sales.
In other words, companies market their products so that they can get people interested in buying them. Also, it involves getting to know what exactly customer wants and how to meet those want.
It is to be noted that marketing includes market research and advertising. It applies to operations undertaken by an organization that facilitate the purchase or sale of a commodity, service or good hence one of the key industry and trade elements.
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Why should outside analysts and investors consider how effectively management has managed the company's tax exposures?
Outside analysts and investors consider how effectively management has managed the company's tax exposures because income taxes represent one of the largest expenditure incurred by a company.
Tax exposure exists whenever a company has unpaid tax liabilities which have not yet been discovered by the taxing authorities. In order to consider how effectively management has managed the company's tax exposures, the outside analysts and investors play an important role.
Taxes are the primary source of revenue for most governments. Thus, the money generated from tax is spent by government to improve and maintain public infrastructure, including the roads we travel on, and fund public services.
Hence, the answer is given and explained above.
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Peg bought a stock at a price of $23. she received a $1.50 dividend and sold the stock for $25. what is peg’s capital gain on this investment?
Peg’s capital gain on this investment is $2
Capital gain = Selling price – Purchase price
= $25 - $23
= $2 (Answer)
Capital goods, or capital, consist of "durable producer goods that are in turn used as productive inputs in the further production" of goods and services. At a macro level, "A country's capital stock includes buildings, equipment, software, and supplies in a given year."
Capital is a broad term for anything that gives value or utility to its owner. For example: Factories and their machinery, intellectual property such as patents, or financial assets of companies and individuals.
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As a manager or owner, what insight can accounting information about accounts receivable and bad debts provide you to help make business decisions?
The information that a manager or an owner can get by having an insight into the accounting information about accounts receivable and bad debts is how much amount of goods are sold to the consumers on credit and how much is the amount that the consumers are not able to pay for the goods that they had bought.
It will also help to decide how much of a provision is required to be kept in advance for bad debts. If a company has a high amount of accounts receivable but a small number of bad debts then it shows that the company is efficient in doing the credit sales and gives goods on credit only to those consumers who can give the debt back.
The manager or the owner can decide that they can do more credit sales as there is less chance of it becoming worse. If a company has a high amount of accounts receivable and a high amount of bad debts then it shows that the company is inefficient in doing the credit sales and gives goods on credit to consumers without a surety of getting the debt back.
The manager or the owner can decide that they cannot do more credit sales as there is more chance of it becoming worse.
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While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other officers, who manage the corporation. True or false?.
This statement is True.
While stockholders elect the board of directors of a corporation, the board of directors hires the president, vice president, and other officers, who manage the corporation.
Who are the board of directors in the company?A corporation's board of directors, chosen by the stockholders. The board of directors is made up of one or more members, also known as directors, who are all typically a mix of company insiders (like officers and stockholders) and outsiders (non-company persons), each of whom is a natural person. The management of the corporation eventually falls within the board's purview.Who are the stockholders?Any individual, business, or organization that has stock in a corporation is a shareholder.A shareholder of a firm may own just one share.As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.Learn more about board of directors is here:
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6. Ben has earned a good salary for many years and is ready to start investing. He is in his
mid-50s and is interested in the bond market. He would like to make strong returns on his
investments in a short amount of time. Describe in detail all the steps Ben should take when
investing his money in the bond market.
The steps that Ben should take when investing his money in the bond market are
assess his risk tolerancehave a plan for asset allocationassess the bond investment performanceseek advice from brokers.invest in the best marketWhat should Ben do to invest the bond?Because Ben is willing to make strong return in short time, he can choode to invest in corporate bonds.
These Corporate bonds are issued by companies and the Issuing of bonds is another way for companies to access cash without diluting ownership through additional shares.
Therefore, the option of corporate bonds will be the best investment to make a strong return in short time.
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From the consumer’s perspective, the elements of an imc strategy can be viewed as being either.
From the consumer’s perspective, the elements of an IMC strategy can be viewed as being either "Passive or Interactive."
What is IMC?Integrated marketing, which coordinates all facets of a brand's marketing, is a systematic method to merging communications with interactive experiences targeting specific markets and individuals.
Some characteristics of integrated marketing communication are-
The goal of integrated marketing is to increase brand knowledge, familiarity, favorability, and buy intent. When communications are coordinated across channels, the outcomes are much greater than when using a less integrated strategy that does not coordinate.The integration between marketing has never been challenging or more crucial due to the emergence of a variety of new digital advertising platforms during the past ten years.The integrated marketing communications (IMC) plan transforms your marketing department from a collection of independent operations into one cohesive strategy. IMC combines your numerous marketing materials and channels, including digital, social media, PR, and direct mail, into one trustworthy message.To know more about integrated marketing communications, here
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The critical functions of special economic zones (sezs) in china’s economic development strategy are to?
The most basic and universal indicator of human development is China's first Special Economic Zone (SEZ) created on the southeast coast.
In China, SEZ usually refers to seven specific zones: Shenzhen, Zhuhai, Shantou, Xiamen, Hainan, Shanghai Pudong New Area and Tianjin New Area. More on this later.
The main objectives of the SEZ program are to create additional economic activity, promote the export of goods and services, promote domestic and foreign investment, create employment opportunities and develop infrastructure facilities.
Seven special economic zones - all located on China's Pacific coast - are currently in operation. Shenzhen borders with Hong Kong. Zhuhai; Shantou; Xiamen; and Hainan Island in the far south. Pudong across the river from Shanghai. New Area adjacent to Tianjin Port.
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Identify some business applications in which judgmental forecasting techniques such as historical analogy and the delphi method would be useful.
Some business applications in which judgmental forecasting techniques such as historical analogy and the Delphi method would be useful are the options starting with A polling, An investment firm, and the CEO of a self-driving.
The Delphi technique involves a group of experts responding to a series of questionnaires while maintaining their anonymity from one another.
The historical analogy method, which may be accurate and affordable, primarily estimates the demand for a new product.
In order to create the greatest fit forecast, it starts with forecasts and historical data of any comparable or pertinent existing products.
Hence, Options 'B', 'C', and 'E' are the answer to the question of some business applications in which judgmental forecasting techniques such as historical analogy and the Delphi method would be useful.
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During 2014, carlita's competitor farside had double the sales of carlita, but it also earned a gross margin of $30,000. what was farside's 2014 gross margin percentage?
The gross margin percentage is 12.5%.
Gross income is revenue much less the charges of products bought. Gross profit and gross margin are on occasion used interchangeably. in the meantime, gross margin and gross profit margin also are used interchangeably, Gross profit margin takes the gross income (sales much less value of goods bought) and divides it via sales.
Gross margin is revenue minus the price of goods bought (COGS). Gross margin is now and again used to refer to gross income margin, that's revenue minus price of goods bought (or gross income) divided by means of revenue.
Gross margin equates to internet sales minus the fee of products offered. The gross margin indicates the amount of profit made earlier than deducting promoting, standard, and administrative (SG&A) fees. Gross margin can also be called gross profit margin, that's gross profit divided via net sales.
Farside's sales = (Sales of Carlita * 2) = $120,000*2 = $240,000.
Farside's gross margin percentage
= (Gross margin / Sales) * 100
= ($30,000 / $240,000) * 100
= 12.5%
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When the economy fell into a recession in 1957, president eisenhower and congress battled over which budget issues?
When the economy fell into a recession in 1957, president Eisenhower and congress battled over budget issues in which democrats wanted to expand housing, urban development, and public works projects, but Eisenhower refused.
What was the recession in 1957?The Eisenhower Recession, often known as the 1957-58 recession, was a severe worldwide economic depression in 1958. The recession's impact went beyond the borders of the United States to Europe and Canada, leading numerous enterprises to close. It was the most substantial recession during the postwar boom between 1945 and 1970, resulting in a steep economic drop that lasted only eight months. Most of the lost ground had been reclaimed by the time recovery began in May 1958. As 1958 came to a close, the economy was on its way to new highs in employment and output.When the economy entered a slump in 1957, President Eisenhower and Congress clashed over budget concerns, with Democrats wanting to expand housing, urban development, and public works programs while Eisenhower resisted.Therefore, when the economy fell into a recession in 1957, president Eisenhower and congress battled over budget issues in which democrats wanted to expand housing, urban development, and public works projects, but Eisenhower refused.
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If an investment company is trading in the market at a price that is higher than nav, this signifies that the fund is:_______.
This means that the fund trading at a top class will have a better rate than their similar NAV.
If the fund is in high demand and occasionally delivers, the marketplace charge will commonly exceed the NAV. If there's a low call for and plenty of delivery, the marketplace rate will generally decrease than the NAV.
A discount to internet asset fee refers to while the market charge of a mutual fund or ETF is trading underneath its internet asset value (NAV). a reduction to NAV is most customarily pushed with the aid of a bearish outlook on the securities in a fund.
if you are a brand new mutual fund investor you would really like to recognize what is NAV in mutual funds. NAV or internet Asset price is the unit price of a mutual fund scheme. Mutual finances are sold or offered on the idea of NAV.
The NAV (on a consistent with-share foundation) represents the price at which buyers should purchase or sell units of the fund. whilst the cost of the securities within the fund will increase, the NAV increases. when the fee of the securities in the fund decreases, the NAV decreases.
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In 2018, Joshua gave $15,000 worth of XYZ stock to his son. In 2019, the XYZ shares are worth $25,000. If Joshua had not given his son the stock in 2018 and held onto it instead, how much more would his estate have been worth than if he had made the gift
Joshua will not be responsible for paying any gift tax since the value of the share is precisely 15,000. In the year 2019, each share is worth a total of $25,000.00. Because there is no tax on gifts, the value of Joshua's inheritance would have been increased by $25,000 if he had not given the stock to his son in 2018, but instead kept it for himself. This is further explained below.
What is Internal Revenue Service?Generally, The Internal Revenue Service is in charge of collecting taxes for the country and enforcing the Internal Revenue Code that Congress passed.
In conclusion, It has come to light that Joshua made a gift of XYZ shares worth $15,000 to his kid during the year 2018. This is regarded as a gift and hence may be subject to gift taxation. On the other hand, the Internal Revenue Service will not tax any gifts up to the value of $15,000 given in 2018.
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How would a company's working capital be affected if a substantial amount of accounts payable were paid in cash?
If a company pays most of the major payments through cash it means its cash flow will be reduced due to the company’s working capital will also reduce but the current liabilities will remain unchanged.
Cash flow includes in Current assets of the company and is considered to be the strength of the company's working capital. therefore with the cash payments company's current assets will reduce and this reduction weakens working capital.
For example, Individual A pays most of the payments through cash and his current assets are being reduced due to that his working capital would also reduce with its cash flow but the liabilities will remain unchanged as they are long-term debt.
Liabilities are of more than a year or about a year due to that they’ll not affect the current assets of the company and this will not affect its working capital.
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Using scheme, write a procedure called bigger that takes a list and a number as parameters and returns a list of all elements of the list that are larger than the number.
________ is the framework that managers apply to determine the competitive moves and business approaches that run the company
Strategy is the framework that managers apply to determine the competitive moves and business approaches that run the company.
A strategic framework is an aspirational blueprint that provides the interplay and brotherly love between a business enterprise's enterprise approach and its different auxiliary packages to its various stakeholders.
the six crucial factors of strategic making plans: vision, assignment, goals, method, approach, and tactics.
There are four components to a strategic framework:
enterprise objective.
approach.
dimension.
target.
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Firms are able to gain a better understanding of customers' service expectations by using quantitative and qualitative market ______, which can be extensive and expensive.
Firms are able to gain a better understanding of customers' service expectations by using quantitative and qualitative market research, which can be extensive and expensive. Market research is the practice of evaluating the viability of a new service or product by interviewing prospective customers firsthand.
Market research enables a business to identify the target market and obtain consumer comments and other input regarding their interest in the good or service. By speaking with potential customers directly, businesses employ market research to assess the viability of new good or service. Focus groups, polls, and product testing are all part of research.
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Which balanced scorecard perspective helps top management focus on what the organization must excel at to effectively meet its financial objectives and customers' expectations?
controlling a balanced scorecard perspective helps top management focus on what the organization must excel at to effectively meet its financial objectives and customers' expectations
A balanced Scorecard is a strategic performance management tool. A well-structured report that managers can use to track the execution of activities by employees under their control and monitor the results of those actions.
The Balanced Scorecard is a management system intended to translate an organization's strategic objectives into a set of organizational performance objectives that are measured as needed to ensure that the organization's strategic objectives are met. , monitored, and corrected.
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When conducting a five cs analysis and developing the context, which factor should not be included in the analysis? a) legal context b) technology c) firm capabilities d) culture
When conducting a five cs analysis and developing the technology factors should not be included in the analysis.
Option B. technology.
In 5C analysis, the context section covers the climate i.e. the macro level environment for the situation.
It includes Political, regulatory, social, economic, technological, and cultural environments.
Part B i.e Firm's capabilities should not be included in the Context section.
The firm's capabilities come under the Company section.
5 C's include Company, customer, collaborators, competition, and context.
Context (or climate): political (trade regulations, taxes, legal issues, labor law), economic (labor costs, growth rates), social (demographics, culture, education, etc.), or technological trends (cost ?) This is also known as the five cs analysis.
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No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the first day of the meet.
No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.
What is district ?A district is a type of administrative division that is managed by the local government in some countries. Districts vary widely in size around the world, spanning regions or counties, numerous municipalities, subdivisions of municipalities, a school district, or a political district.
A district is defined as a region set apart or put together as a single distinct area for political or administrative purposes. A district is an area of a town that elects a single mayor who is shared by everyone in the area.
A district is a section of a country, city, or town designated by the government for official purposes.
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What the name of the document that explains agency relationships and must be provided to consumers at the first practical opportunity?
Disclose all facts known to the agent that are unknown to the parties or have been carefully considered and observed by the parties that materially affect the value or desirability of the property obligation.
Under Code Section 40-57-370, a real estate licensee must provide a reasonable explanation of the agency relationship provided by the licensee's brokerage firm. this must be done on the first actual occasion of material contact between you and the Licensee.
The agency agreement modifies the original selling agreement and buyer representation agreement entered into by the agency. It highlights what buyers and sellers should expect when agreeing to a relationship between two agencies.
An agency relationship is formed when an agency disclosure or contract is signed by an agency and a buyer or seller. In many cases, customers are not legally required to agree to sign anything. the contract or disclosure states that the agent is acting on behalf of the client and in the client's best interests.
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Suppose that $4000 is invested at an interest rate of 5.3% per year, compounded continuously. What is the balance after 3 years
Compound interes, $ 4760.22 is the balance after 3 years.
If the compound interest continuously for + years
at rater per year then the compounded amount is given by D= $4000
A = Pert.
5.84. 5-8
A = 4000xe (0.058)(3)
+ = 3 years.
= $4760.22.
Compound interest is calculated by multiplying the original loan amount or principal amount by 1, plus the annual interest rate, which is the number of compounding periods minus 1. This will give you the total loan amount including compound interest.
The monthly compound interest formula is used to calculate compound interest per month. The formula for compounding monthly interest is CI = P(1 + (r/12) )12t - P. where P is the principal amount, r is the decimal interest rate, and t is the time.
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ABC Corp. plans to issue subordinated notes that include warrants. The warrants allow investors to purchase ABC common stock. Based on this information, which is most likely true of the notes
It could pay a lower interest Common stock.
With the inclusion of warrants with the subordinated notes, the enterprise could pay a lower interest rate because of this added and appealing feature. Also, the notes will probably be more marketable (investors could be extra willing to shop for these notes while they're issued). The warrants no longer make it harder to sell the security within the secondary marketplace.
Common stock is a security that represents ownership in a corporation. In a liquidation, not unusual for stockholders to get hold of something property that remains after lenders, bondholders, and favored stockholders are paid. There are one-of-a-kind sorts of stocks traded within the market.
Common stock is a type of protection that represents ownership of fairness in an enterprise. There are different phrases – which include not unusual proportion, ordinary proportion, or balloting percentage – which might be equivalent to commonplace inventory.
Not unusual inventory is a form of company equity possession, a type of security. The terms vote casting proportion and ordinary share also are used frequently outside of the USA. they're known as fairness shares or regular stocks inside the united kingdom and other Commonwealth nation-states.
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When using net present value to compare projects, the total cost approach?
When using net present value to compare projects, the total cost approach Is the most flexible method available to compare projects. Includes all cash inflows and outflows under each alternative.
Total fee technique, the whole cost technique normally consists of subtracting the bid fee from the total cost of performance and including profit in the resulting amount. This method is closely disfavored with the aid of the forums and courts.
Producers usually define supply chain charges using the full value of ownership. the total cost of ownership is defined as the aggregate of the acquisition or acquisition fee of a great or carrier. To this, they add the extra expenses incurred earlier than or after the services or products are delivered.
The whole price formulation is used to combine the variable and fixed costs of providing goods to determine a complete. The system is total fee = (common constant value x common variable value) x quantity of gadgets produced. To use this component, you need to recognize the figures for your constant and variable fees.
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First tennessee bank introduced a new program that allowed employees to determine their own work schedules. This type of program is called as?
First Tennessee bank introduced a new program that allowed employees to determine their own work schedules. This type of program is called Flextime.
The most popular, most manageable, and most economical flexible work option is flextime. It provides flexibility in terms of when people arrive, leaves, and/or eat meals, usually with a set core period in the middle of the day when everyone on staff is present.
Flextime is a system that permits workers to change the time they arrive at or leave work as long as they put in the required overall amount of hours.
Employees that participate in flexible scheduling can pick the start and end periods of their workday. Employees that have flexible scheduling must normally work during the business hours of their employer. Because they enable employees to successfully balance their work and personal lives, flexible work arrangements are popular.
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While goals should be quantitative in nature, objectives are usually expressed in qualitative terms. group of answer choices true false
The given statement while goals should be quantitative in nature, objectives are usually expressed in qualitative terms is false.
For an Objective to be successful, it must be quantitative. For instance, the target "Make a lot of money" cannot be achieved, however, the objective "Increase Profit by 20%" can be achieved as long as it is time-bound.
A goal is a vision for the future or the desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By setting deadlines, people try to accomplish their goals in a limited amount of time.
An objective specifies the measurable steps that must be taken in order to reach the ultimate aim, whereas a goal is a realizable outcome that is typically broad and long-term.
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What are some of the problems that have resulted for quinoa farmers of bolivia now that quinoa is a valued commodity in the global market?
The correct option of "what are some of the problems that have resulted for quinoa farmers of Bolivia now that quinoa is a valued commodity in the global market?" is (D) all of the answer choices are correct.
Problems faced by quinoa farmers?First, high prices brought into cultivation land that was previously left fallow, leading to erosion and nutrient loss. Second, farmers who are cultivating more quinoa and earning more money for it have reduced their llama herds, resulting in less dung available for fertilizer and soil protection.New and traditional farmers disagree on how to respect the land and how cash crop profits should be used in the community. New farmers are required to employ more expensive technology and fertilizers than llamas, who have a symbiotic relationship with the crop.Quinoa, a nutritious crop, has been phased out of many people's diets since it can be sold to the Global North.Therefore, the correct option of "what are some of the problems that have resulted for quinoa farmers of Bolivia now that quinoa is a valued commodity in the global market?" is (D) all of the answer choices are correct.
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The complete question is given below.
What are some of the problems that have resulted for quinoa farmers of Bolivia now that quinoa is a valued commodity in the global market?
Select one:
a. New farmers must use expensive machinery and fertilizers more often than llamas, who have a symbiotic relationship with the crop.
b. Quinoa, a healthy crop, has been removed from many people's diets since it can be sold to the Global North.
c. New and traditional farmers clash in terms of their ideas about respecting the land and how money from the cash crop should be used in the community.
d. All of the answer choices are correct.
The federal government oversees the licensure of healthcare facilities, including hospitals.
a. True
b. False
The correct option is a. True.
The federal government oversees the licensure of healthcare facilities, including hospitals is a true statement.
What is federal government?A federal law is a form in which local state administrations that are interconnected with the national government and a central govt share power. The national government has power over some aspects of public life, while local governments have control over other aspects.
Some key features of federal government are-
The ideal places for federal governments to function are in large nations with a diversified population that has a shared culture and a range of requirements.Constitutions in federal government systems typically outline which spheres of public life the federal government will regulate and which spheres the individual states will regulate.The many different demands of a country with a big geographic area are assisted by federal governments. Therefore, it is not surprising that huge countries such as the United States, México, German, Canada, Brazil, and numerous others have federal governments.To know more about federal government, here
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