The COSO ERM framework encourages a review of risks as they apply to achieving firms' objectives. Which of the following is not one of the listed categories of objectives to be considered? Multiple Choice
- Strategic
- Environment
- Operations
- Compliance

Answers

Answer 1

In the following question, option 2). The COSO ERM framework encourages a review of risks as they apply to achieving firms' objectives. The category of objectives that are not listed to be considered is "Environment."

What is the COSO ERM framework?ERM stands for Enterprise Risk Management. The COSO ERM framework provides a framework for identifying, analyzing, and responding to enterprise-wide risks to an organization. It's a popular risk management framework used by businesses and nonprofit organizations all over the world to help them manage and mitigate risks to their operations, strategic objectives, and stakeholder value.

Why do companies need ERM? ERM is important for businesses for several reasons:

1. Helps in identifying potential risks and managing them accordingly.

2. Assists organizations in developing and implementing risk mitigation measures to lessen the possibility of material risk exposure.

3. Aids in increasing an organization's operational efficiency and performance by identifying and addressing operational risk factors. The objectives that are to be considered under the COSO ERM framework are:

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Related Questions

step 1: establish the need for marketing research a. this tells the researcher exactly how to obtain information necessary to allow the manager to choose between decision alternatives.

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Step 1 tells the researcher exactly how to obtain information necessary to allow the manager to choose between decision alternatives.

Step 1: Establish the need for marketing research. Establishing the need for marketing research is the first step in the marketing research process.

The following are the sub-steps involved in the establishment of the need for marketing research:

Define the problem:

The first step in establishing the need for marketing research is to define the problem, which means identifying the gap between what is expected and what is happening right now.

Identify the information needed:

The next step is to identify the information that is required to address the research problem.

Determine the sources of data:

The third step is to determine the sources of data that will be required to address the research problem.

Design research method:

The fourth step is to design the research method that will be used to collect the data.

Step 1 tells the researcher exactly how to obtain information necessary to allow the manager to choose between decision alternatives.

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What can a defendant present to win a strict liability case? a. A less dangerous alternative was economically feasible for the manufacturer, but the manufacturer failed to produce it. b. The consumer altered the product since purchasing it and that caused the harm c. Lack of intent to cause the harm. d. Lack of fault in causing the harm.

Answers

Answer:

a. a less dangerous alternative was economically feasible for the manufacturer but the manufacturer failed to produce it.

Explanation:

hope its help thankss

the next dividend payment by savitz, incorporated, will be $4.55 per share. the dividends are anticipated to maintain a growth rate of 3 percent forever. if the stock currently sells for $58 per share, what is the required return?

Answers

The required return for Savitz, Inc.'s stock is 10.29% using the constant growth model formula.

The required return for a stock is the minimum rate of return that an investor expects to earn on their investment in the stock, taking into account the risk involved in the investment. It is the rate of return that compensates investors for the time value of money, inflation, and the risk they are taking by investing in the stock.

To calculate the required return, we can use the constant growth model formula:

R = ([tex]\frac{D1}{PO}[/tex]) + g.

D1 is the next dividend payment, which is given as $4.55. P0 is the current stock price, which is given as $58. The growth rate is given as 3%.

Plugging in the values, we get

R = ([tex]\frac{4.55}{58}[/tex]) + 0.03 R = 0.1029, or 10.29%.

Therefore, the required return for the stock is 10.29%.

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Phineas is comparing the innovation characteristics of his company’s water filters with those that are already being marketed in the local market. He believes there is lot of potential for his filters as they are functionally more advanced, have a longer life, and can also be marketed at a more competitive price than those of other sellers in the local market. The innovation characteristic of Phineas’s product that will help in wide acceptance of his product in the local market is its
a. trialability
b. complexity
c. observability
d. compatibility
e. relative advantage

Answers

The innovation characteristic of Phineas’s product that will help in wide acceptance of his product in the local market is its option e. relative advantage.

Relative advantage is one of the innovation characteristics that represents the degree to which a new product is perceived as better than the existing product by customers and due to competitive price, customers are more attracted to it. When the new product has a significant relative advantage over the existing products in the market, it is more likely to be accepted by the customers.

Trialability is another innovation characteristic that represents the degree to which an innovation can be experimented on a limited basis. It is believed that innovations that are easily and inexpensively tried will be adopted faster.

Observability is another innovation characteristic that represents the degree to which the result of an innovation is visible to others. It is believed that when an innovation is highly visible, the likelihood of adoption increases.

Complexity is another innovation characteristic that represents the degree to which an innovation is easy to understand and use.

Compatibility is another innovation characteristic that represents the degree to which an innovation is consistent with the needs, values, and experiences of potential adopters. It is believed that innovations that are consistent with the values and experiences of the potential adopters will be more likely to be adopted.

Hence, relative advantage (option e.) is the innovation characteristic which will help Phineas in wide acceptance of his product.

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Text messaging applications are now part of the base software package for any computer, phone, or tablet. They provide people the benefit of having another way to communicate with others quickly and instantly. However, some believe that they also have disadvantages. For example, some believe that they result in unnecessary conflicts because some people get angry when others do not text them back instantly. Employers believe that texting distracts employees from work. And research shows that texting while driving is dangerous. Which of the following statements best expresses the main conclusion of the above argument? 1. Use of text messaging applications can result in problems. 2. There are advantages and disadvantages to the use of text messaging applications. 3. Text messaging applications are now a routine part of any computer, phone, or tablets. Submit

Answers

The best statement that expresses main conclusion of the above argument is: "There are advantages and disadvantages to use of text messaging applications."

What is text messaging?

Text messaging is a way of communicating with others using short written messages sent through mobile devices, such as smartphones or tablets. It involves typing a message using a keyboard or a touch screen and sending it to another person's mobile number. Text messaging is a quick and convenient form of communication that allows people to send and receive messages in real-time, regardless of their location. Text messages are typically limited in length, often to 160 characters or less, and can include words, numbers, symbols, and emoticons. Text messaging has become a popular form of communication for personal and professional use, with many people using it to stay in touch with friends, family, and colleagues.

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which of the following power sources comes from a user's ability to control or influence others with something of value to them, such as praise or a promotion?

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The power source from a user's ability to control or influence others with something of value is known as "reward power".

This type of power is used to motivate people , reward or encourage desired behavior or performance.

It is based on the premise that people will be more likely to do something if it is associated with a reward, such as a promotion or praise.

For example, if an employee is praised for meeting a goal, they may be more likely to work harder to try and meet future goals.

Reward power can also be used to motivate employees to stay with a company and increase their loyalty. In general, reward power is a great way to motivate people to do more and to reward them for doing so.

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Selected transactions for Sheridan Company are presented below in journal form (without explanations).
Date Account Title Debit Credit
May 5 Accounts Receivable 2,760 Service Revenue 2,760
12 Cash 1,500 Accounts Receivable 1,500
15 Cash 1,040 Service Revenue 1,040
Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)
Cash
5/55/125/15
5/55/125/15
5/55/125/15
5/55/125/15
Accounts Receivable
5/55/125/15
5/55/125/15
Service Revenue
5/55/125/15
5/55/125/15
5/55/125/15
5/55/125/15

Answers

The posting of transactions in the T accounts of Sheridan Company is shown below: Cash Date Description Post Ref Debit Credit Balance May. 5 Account Receivable 5,0002,7602,760 May.

12Account Receivable5,0001,5004,260May. 15  5,0001,0405,300 Account Receivable Date Description Post Ref Debit Credit Balance May. 5

Service Revenue5,0002,7602,760May. 12Cash5,0001,5001,260Service Revenue Date Description Post Ref Debit Credit Balance May. 5Cash5,0002,7602,760May.

15 Cash5,0001,0403,800From the above ledger balances, it is clear that the closing balance of the Cash account is $3800, while the closing balance of the Account Receivable is $5300, and that of Service Revenue is $2760.

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A government decides to set a price ceiling on bread so that bread is affordable to the poor. The conditions of demand and supply are given in the table below. What will the excess supply or the shortage be if the price ceiling is set at $2.00? Price Qd Qs $1.60 9,000 5,000 $2.00 8,500 5,500 $2.40 8.000 6,400 $2.80 7.500 7,500 $3.20 7.000 9,000 $3.60 6,500 11.000 $4.00 6,000 15,000 a. 3,000 shortage b. 8,500 shortage c. 3,000 excess supply

Answers

The answer if the government sets a price ceiling on bread at $2.00 is (a) 3,000 shortage

If the government sets a price ceiling on bread at $2.00, the price of bread cannot exceed this level. Looking at the table, we can see that at a price of $2.00, the quantity demanded is 8,500 and the quantity supplied is 5,500.

Since the price ceiling is below the equilibrium price, the quantity demanded exceeds the quantity supplied, which leads to a shortage. The shortage is the difference between the quantity demanded and the quantity supplied at the price ceiling level, which is:

Shortage = Quantity demanded - Quantity supplied

Shortage = 8,500 - 5,500

Shortage = 3,000

Therefore, the answer is (a) 3,000 shortage.

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the baldrige award aims to (i) publicize successful quality programs. (ii) recognize quality achievements of u.s. companies. (iii) stimulate efforts to improve quality. (iv) distribute the grant money available for improved quality.

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The Baldrige Award aims to (i) publicize successful quality programs, (ii) recognize the quality achievements of U.S. companies, and (iii) stimulate efforts to improve quality. The Baldrige Award is intended to promote a culture of quality in American companies and to provide an incentive for businesses to strive for excellence.

The Baldrige Award, also known as the Malcolm Baldrige National Quality Award, is the most prestigious award presented to United States businesses that excel in the areas of quality and organizational performance. It was created by the U.S. Congress in 1987 to support competitiveness and quality in the country's business environment.

The Baldrige Award is provided by the National Institute of Standards and Technology (NIST), in collaboration with the private sector, and honors businesses in the manufacturing, healthcare, education, service, and non-profit sectors who have a commitment to quality and continuous improvement in their organizations.

The award is based on the Baldrige Excellence Framework (BEF), which is a set of criteria that can be used by businesses to evaluate their operations. The BEF provides a framework for evaluating organizational performance and can be used by businesses to identify areas for improvement.

The Baldrige Award aims to recognize the quality achievements of U.S. companies, publicize successful quality programs, and stimulate efforts to improve quality.

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a restaurant has calculated that its benefits cost is 17% of the base pay. at this restaurant, an employee who earns an hourly wage of $12 would have an actual labor cost of ____ . A) $12.50 B) $2.04 C) $7.50 D) $14.04

Answers

The employee who earns an hourly wage of $12 would have an actual labor cost of $14.04. Correct option is (D).

We need to calculate the actual labor cost of an employee earning an hourly wage of $12. Since the benefit cost is 17% of the base pay, the actual labor cost will be 117% of the base pay.

Actual labor cost = Base pay + Benefit cost = Base pay + 0.17 × Base pay = 1.17 × Base pay

For an employee earning an hourly wage of $12, the base pay will be $12 per hour.

Actual labor cost = 1.17 × Base pay= 1.17 × $12= $14.04

Therefore, the employee who earns an hourly wage of $12 would have an actual labor cost of $14.04. Hence, option (D) is correct.

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what value does using the tbl bring to a business, and is it worth the potential drawbacks of incorporating it?

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Using the TBL (team-based learning) brings many valuable advantages to a business, such as increased engagement, collaboration, and participation.

It encourages teams to work together to come up with creative solutions, and provides an opportunity for employees to learn from each other and further their professional development. However, there are potential drawbacks to incorporating TBL, such as the cost of training and providing materials, as well as the potential for group members to become overly reliant on one another. Ultimately, whether or not the potential benefits outweigh the potential drawbacks of incorporating TBL depends on the specific needs and objectives of the business.

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d) H2C2O4 is a stronger acid than HC2O−4

Answers

Yes, H2C2O4 is a stronger acid than HC2O4. H2C2O4 has two acidic protons while HC2O4 only has one, and the more acidic protons an acid has, the stronger it is.

In more detail, H2C2O4 (oxalic acid) has two acidic protons (H+) available for donation, whereas HC2O−4 (hydrogen oxalate ion) has only one acidic proton. This means that H2C2O4 can donate two H+ ions in aqueous solution, whereas HC2O−4 can donate only one H+ ion. As a result, H2C2O4 is a stronger acid than HC2O−4.

Additionally, the dissociation constant (Ka) of H2C2O4 is higher than that of HC2O−4, indicating that H2C2O4 is more likely to donate its H+ ions in aqueous solution.

The presence of multiple acidic protons in H2C2O4 allows it to form more stable and soluble salts, whereas HC2O−4 can form salts that are less soluble due to its single acidic proton. Overall, H2C2O4 is a stronger acid than HC2O−4 due to its ability to donate two H+ ions and form more stable and soluble salts.

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Met Below is a set of projects aimed at cleaning up a city's recreational areas. Determine whether the city should undertake the cleanup effort. Assume the city hasenoughmoney in its budget to undertake all projects. Project North Park Upper River Beach South Shore Green Creek Marginal Cost $21,000 4,000 18,000 1.100 Marginal Benefit $19,000 9,000 26,000 Clean Up? Click to select) v Click to select) Click to select) Click to select) V 0.12 polnts Print

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As per the given scenario, we can conclude the following: Project North Park Upper River Beach South Shore Green Creek Marginal Cost $21,000 4,000 18,000 1.100 Marginal Benefit $19,000 9,000 26,000. The city should not undertake the clean-up efforts.

Let's discuss the above table to know why the city should not undertake the cleanup effort:

Project: North Park

Marginal Cost: $21,000

Marginal Benefit: $19,000

Here, the marginal cost of cleaning North Park is more than its marginal benefit. So, the city should not undertake the cleaning of North Park.

Project: Upper River

Marginal Cost: $4,000

Marginal Benefit: $9,000

Here, the marginal benefit of cleaning the Upper River is more than its marginal cost. So, the city should undertake the cleaning of the Upper River.

Project: Beach South Shore

Marginal Cost: $18,000

Marginal Benefit: $26,000

Here, the marginal benefit of cleaning Beach South Shore is more than its marginal cost. So, the city should undertake the cleaning of Beach South Shore.

Project: Green Creek

Marginal Cost: $1,100

Marginal Benefit: There is no information given about marginal benefit. So, we cannot decide whether to undertake the cleaning of Green Creek or not.

So, the city should undertake the cleaning of the Upper River and Beach South Shore only. Hence, the correct answer is not to undertake the cleanup effort.

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your car breaks down and you are deciding to have it repaired. the most relevant issue in this economic decision is whether you have saved money to buy a new car. how much you paid for the car when you bought it. how much you spent on past repairs on the car. whether having the car repaired is worth the added cost.

Answers

The most relevant issue in the economic decision of whether to have the car repaired or buy a new one is whether having the car repaired is worth the added cost.

What are car breaks?

When we talk about car breaks, we are referring to the set of components that help slow down or stop a car. Disc brakes are the most common type of brake system on modern cars, and they work by applying pressure to a brake rotor to slow down or stop the car. In the given question, the most relevant issue in the economic decision of whether to have your car repaired or buy a new one is whether having the car repaired is worth the added cost.

It is important to take into consideration the current value of your car, how much you have spent on past repairs, and the cost of the repair needed to decide whether repairing the car is worth it or not. It is also important to take into account how much money you have saved to buy a new car.

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milton's auto service is a small auto maintenance and repair shop located in a small town in a garage behind milton's house. milton doesn't charge as much as auto dealerships, so he has a steady stream of local customers. which of the following best describes milton's strategy? a. strategic alliances b. innovation c. cost-based d. differentiation-based

Answers

The greatest choice is Option C, which is a cost-based marketing tactic he uses to draw customers.

What tactic is being employed here?

In this instance, Milton offers the same quality as his vehicle dealership, but he is able to attract clients by offering this service at a lower cost, a practise known as a cost-based strategy.

There are numerous strategies that commercial organisations employ. The others are innovation, strategic partnerships, and distinctive based, with coast-based being one of them. Putting a concept, item, or service in front of a potential customer base is the process of marketing strategy. In order to identify potential customers for their product and attract those clients to the business, marketing concentrates on the requirements and wants of the client.

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Like E9-1Vertical Analysis - Income StatementRevenue and Expense data for Searle Technologies Co. Are as follows:20Y820Y7Sales$900,000$725,000Cost of goods sold558,000435,000Selling expenses117,000116,000Administrative expenses63,00065,250Income tax expense76,50058,00

Answers

From the given data the net income is $50 by vertical Analysis.

The Gross Profit is calculated by abating the Cost of goods  vended from the Deals  profit. The Operating Profit is calculated by abating the Selling and executive charges from the Gross Profit. Eventually, the Net Income is calculated by abating the Income  duty  expenditure from the Operating Profit. he income statement is a  fiscal statement that reports a company's earnings and charges over a specific period.

 The income statement shows how  important profit a company generated during a particular period, and it's an essential  element of a company's  fiscal statements.   The income statement starts with the  profit generated by a company during the period and subtracts the cost of goods  vended( COGS) to calculate gross profit.   After gross profit, the income statement subtracts operating charges, including selling and  executive charges, to calculate operating profit or earnings before interest and  levies( EBIT).

The income statement is given in figure.

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A salesperson finds and analyzes information about each prospect's specific product needs, current use of and feeling about brands, and personal characteristics during
a) prospecting.
b) the approach.
c) presentation preparation.
d) overcoming objections.
e) the preapproach.

Answers

The process in which a salesperson finds and analyzes information about each prospect's specific product needs, current use of and feeling about brands, and personal characteristics during the pre-approach. Hence option E. is correct.

What are different stages of selling a product?

Prospecting: This is the initial stage of the selling process in which the salesperson identifies and seeks out potential customers who may have an interest in the product or service.

The approach: This is the stage in which the salesperson makes initial contact with the prospect. It can take many forms, including a phone call, an email, or an in-person meeting.

Presentation preparation: This is the stage in which the salesperson prepares the presentation for the prospect.

Overcoming objections: This is the stage in which the salesperson addresses any objections or concerns the prospect may have about the product or service.

Hence option E. the pre-approach is correct.

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the equivalent uniform annual worth (euaw) may be determined from net future worth nfw from using the equation, euaw (T/F)

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The given statement "the equivalent uniform annual worth (EUAW) may be determined from net net future worth (NFW) from using the equation, euaw" is false becasue the EUAW cannot be directly determined from the NFW.

The EUAW is a measure used in engineering economics to evaluate different alternatives over a project's life cycle. It represents the annual cash flow required to obtain the same net present value (NPV) as the original cash flows. The EUAW formula involves calculating the annualized net present value (ANPV) of an investment, which is the sum of all the present values of cash inflows and outflows divided by the present value of an annuity. The EUAW calculation helps determine the best investment alternative by comparing the annual costs of different options and considering the time value of money.

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the bid-rent curve is influenced by various factors but not a. large vs. small numbers of households bidding. b. commuter gender. c. high vs. low wages. d. pedestrian vs. vehicle commuters.

Answers

The bid-rent curve is influenced by various factors, including the size of households bidding, wage levels, and the mode of commuting (pedestrian or vehicle).

bid-rent curve

The bid-rent curve is influenced by various factors but not a. large vs. small numbers of households bidding. b. commuter gender. c. high vs. low wages. d. pedestrian vs. vehicle commuters. These factors affect the cost of renting a place and the willingness of renters to pay the price. The bid-rent curve is a graph that demonstrates the relationship between the rents for land and the distance from a central point, such as the central business district (CBD), in a model urban area. The curve rises when the land rent increases as the distance from the CBD increases.

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the project manager needs to show courage both in making the right decisions personally and in creating an atmosphere in which others are encouraged to make the right decisions. True or False

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The given statement, "The project manager needs to show courage both in making the right decisions personally and in creating an atmosphere in which others are encouraged to make the right decisions" is true because they responsible for creating and maintaining a positive and empowering environment.

In the realm of project management, there are many challenges that project managers must face. They need to make certain that the projects are finished on schedule and that they meet the needs of stakeholders. They also have to ensure that all project team members are happy and fulfilled in their roles. To be an effective project manager, they must demonstrate a high level of courage.

In making the right decisions, project managers need to show bravery. To successfully manage a project, they must be able to make decisions that will affect the success of the project. They must also have the bravery to make decisions that are not always popular among stakeholders.

In creating an atmosphere in which others are encouraged to make the right decisions, project managers must be able to create a culture of bravery. They must encourage their team members to take risks and make difficult choices that may result in the success of the project. In conclusion, project managers need to have the courage to make good choices and create an environment in which others are encouraged to do the same.

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in a small open economy, if domestic investment exceeds domestic saving, then the extra investment will be financed by:

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In a small open economy, if domestic investment exceeds domestic saving, then the extra investment will be financed by: net capital inflows.

The excess of domestic investment over domestic savings can be financed in one of two ways by a small open economy. If a small open economy is running a current account surplus, the excess investment can be financed by the transfer of capital abroad in the form of net capital outflows.

The excess investment can also be financed by net capital inflows if a small open economy is running a current account deficit. Net capital inflows occur when foreign investors invest more money in a small open economy than small open economy residents invest abroad.

This can be attributed to a lower level of investment in other countries or to a higher level of interest rates in the small open economy. In the short run, a small open economy may finance excess investment by borrowing from foreign lenders or by depleting its foreign reserves.

In the long run, a small open economy may sustain large current account deficits if it maintains a high level of investment. These current account deficits, on the other hand, are expected to reduce net capital inflows, which might jeopardize the small open economy's ability to finance future excess investment.

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a shift in the demand curve has led to a shortage of rice. how can this problem be resolved most quickly?

Answers

By driving up the cost of rice.

The demand curve is a curve that is used in microeconomics to calculate the amount of a certain good that consumers are willing to buy in response to changes in the good's price.

A demand curve graph shows the link between a commodity's price (on the y-axis) and the amount that is desired at that price (the x-axis).

The charge in any nonprice determinant of demand will cause the demand curve to move to the left or right.

So, as the price of the commodity decreases, the demand curve typically does not change.

A number of variables, including increasing income, demographic changes, expectations changes, and changes in tastes and preferences, have an impact on individual and market demand.

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what does it mean if a stock is near its resistance line?

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A stock's price is getting close to a level that it has previously struggled to surpass when it is in close proximity to its resistance line.

A stock's price is getting close to a level that it has previously struggled to surpass when it is in close proximity to its resistance line. The resistance line is a technical indicator that denotes a price point at which the stock may experience increased selling pressure and have difficulty rising. By linking the peaks of a stock's price movement across time, resistance levels are often identified.

When a stock reaches its resistance level, traders may become cautious and begin to sell their shares because they think the firm's price is unlikely to rise further. If stock price is able to go past resistance level, it can mean that there is significant buying pressure and that the stock will likely increase further. The stock may struggle to go higher if it fails to break past the resistance level, indicating that there is still selling pressure.

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if a company purchases treasury stock for $6,000 and then reissues it for $5,000, the difference of $1,000 is: if a company purchases treasury stock for $6,000 and then reissues it for $5,000, the difference of $1,000 is: an increase in stockholders' equity a decrease in stockholders' equity treated as a loss on the sale treated as a gain on the sale

Answers

The difference of $1,000 is treated as a gain on the sale.

If a company purchases treasury stock for $6,000 and then reissues it for $5,000, the difference of $1,000 is treated as a gain on the sale. The treasury stock is repurchased by the issuing company from its shareholders. It is not the same as outstanding shares that are held by investors outside of the company.

Treasury stock is a way for companies to return cash to shareholders. They are shares that have been purchased by the company in the past and are now held in its treasury. Therefore, the difference of $1,000 is treated as a gain on the sale.

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According to the loanable funds model, which of the following will increase the equilibrium level of investment and increase the equilibrium interest rate, holding everything else constant?

Answers

According to the loanable funds model, "an increase in the demand for funds" will increase the equilibrium level of investment and increase the equilibrium interest rate, holding everything else constant.

What is the loanable funds model? The loanable funds model is a theory of the relationship between the supply and demand for loans in the market. It depicts the supply of savings available for lending, as well as the demand for investment that these savings would finance.

The following factors impact the equilibrium level of investment and interest rate in the loanable funds model: Increase in the supply of funds will lead to a decrease in the equilibrium interest rate and an increase in the equilibrium level of investmentDecrease in the supply of funds will lead to an increase in the equilibrium interest rate and a decrease in the equilibrium level of investment increase in demand for funds will lead to an increase in the equilibrium interest rate and an increase in the equilibrium level of investmentDecrease in demand for funds will lead to a decrease in the equilibrium interest rate and a decrease in the equilibrium level of investmentTherefore, according to the loanable funds model, an increase in the demand for funds will increase the equilibrium level of investment and increase the equilibrium interest rate, holding everything else constant.

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jan is employed by an insurance company. she reviews applications to determine whether her company should insure the applicant. if insurable, jan assigns the applicant to a rating category based on the applicant's degree of risk. jan is a(n)

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Jan is employed by an insurance company.

She reviews applications to determine whether her company should insure the applicant. If insurable, Jan assigns the applicant to a rating category based on the applicant's degree of risk. Jan is a(n):Underwriter.An underwriter is a specialist who evaluates and assesses risk, such as for insurance purposes.

They assess the risks involved in insuring individuals or companies and establish the insurance policies and premiums required to cover those risks, as well as calculate the value of the claims that should be compensated in the event of a loss.

The aim of the underwriting process is to evaluate the level of risk involved in a given application so that the insurance company can decide whether or not to accept it, and at what cost. Underwriters must balance the amount of risk they take on with the profits they earn from premiums.

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Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Cash class and the Cash Receipts class?
Each instance of Cash is linked to one instance of Cash Receipts.
Each instance of Cash is linked to many instances of Cash Disbursements.
Cash Receipts may by deposited in many Cash accounts.
Cash Receipts are deposited into one Cash account.

Answers

The correct option is D i.e., Cash Receipts are deposited into one Cash account provides the best interpretation of the multiplicities for the association between the Cash class and the Cash Receipts class.

What are receipts?

A receipt is a document you receive from someone as confirmation that they paid you money or received products from you. In American English, the word "sales slip" is more commonly used for the piece of paper that you receive in a store after making a purchase.

What three types of receipts are there?

Raw materials and purchase receipts (They should demonstrate the payment amount and attest that the purchases were essential business expenses; papers may include canceled checks or other records that specify the payee, the payment amount, and evidence of electronic fund transfers.) tape receipts from the register.

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managers who are directly responsible for supervising workers and evaluating their daily performance are called .

Answers

Managers who are directly responsible for supervising workers and evaluating their daily performance are called supervisory management.

What is supervisory management?

Supervising groups of workers and directing everyday operations in a business is known as supervisory management. An employer's point of contact between its employees and its executive group is a supervisor or manager.

Managers conduct interviews, issue performance quotas, track employee development, and assist in establishing goals for both the business and its personnel. A strong supervisor may increase employee satisfaction with their work and foster better relations between staff and senior management.

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Assigning values to environmental damage is relatively O Easy because all items have a market value. O Easy because the government has the legislative authority to assign prices. O Easy because of current scientific techniques. Difficult because many items have intangible benefits and thus do not have a market price.

Answers

Answer:

OD: Difficult because many items have intangible benefits and thus do not have a market price.

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What do you think is the main economic reason why businesses grow and fail and why?

MUST BE WRITTEN IN COMPLETE HIGH SCHOOL LEVEL SENTENCES (at least 5 sentences)

Answers

Answer:

Businesses grow and fail for a variety of economic reasons, but one of the main reasons why businesses grow is due to economies of scale. As a business grows, it can produce more goods or services at a lower cost per unit, which allows it to be more competitive and profitable. Additionally, businesses may also grow by expanding into new markets, increasing their customer base, and diversifying their products or services.

On the other hand, one of the main reasons why businesses fail is due to a lack of financial management. Businesses need to carefully manage their finances to ensure they have enough cash flow to operate and to invest in growth opportunities. If a business has poor financial management, it may not be able to pay its bills or debts, which can lead to bankruptcy.

Another reason why businesses fail is due to changes in the market or industry. Technology, competition, and consumer preferences can all change quickly, and businesses that fail to adapt may lose market share or become irrelevant. Finally, businesses may also fail due to poor management or leadership, which can result in a lack of strategic direction, low employee morale, and inefficient operations.

Answer:

One of the main economic reasons why businesses grow is the desire for increased profits. As businesses expand, they can take advantage of economies of scale, which allows them to produce goods and services more efficiently and at a lower cost. This can result in higher profits for the business. However, growth can also lead to increased competition, which can make it harder for businesses to maintain their market share and profitability.

On the other hand, businesses can fail due to a variety of factors. One major reason is poor financial management, including overspending, poor cash flow management, and failing to plan for the future. Additionally, businesses can fail if they don't offer a product or service that customers want or need. Finally, external factors such as changes in the economy or regulatory environment can also contribute to business failure.

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