which of these must be true of a commodity for it to be used as money? please choose the correct answer from the following choices, and then select the submit answer button. answer choices it must be accepted by just a small number people. it must not be divisible. its value must be easy to determine. it must be perishable.
Answers
Its value must be easy to determine true of a commodity for it to be used as money.
Describe a commodity.
A commodity is a basic good used in commerce that may be traded for other things of the same sort. Commodities are typically used as starting points for the production of other goods and services. Consequently, a commodity is frequently a raw material used to produce finished goods. A product, on the other hand, is a finished good that is put up for sale to clients.
Although a commodity's quality might vary somewhat amongst producers, it is often the same. A base grade, or a collection of fundamental conditions, must also be followed by commodities that are traded on an exchange.
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Related Questions
What does it mean to "diversity" your portfolio?
NGPF
Answers
Answer:
It's about to have multiples sources of income. For that, you required to invest in niche business. If one business fail, maybe another be sucesfully.
Explanation:
how will the case of lincoln stark impact your care with future clients?
Answers
The case of Lincoln Stark will have a significant impact on my care with future clients by reinforcing the importance of thorough and accurate documentation, communication, and adherence to ethical standards.
The case of Lincoln Stark involved a situation where there were serious consequences due to a lack of proper care and attention. It serves as a reminder of the potential risks and liabilities that professionals face in their work. As a result, I will be even more diligent in ensuring that all necessary steps are taken to provide quality care to future clients.
Moving forward, I will prioritize clear and effective communication with clients, ensuring that their needs and concerns are properly understood and addressed.
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You have just been appointed as the senior accountant of Moore Retailers and your first task is to prepare the bank reconciliation statement as at 30 June 2017. The junior bookkeeper wanted to make a good first impression and has tried to draft the reconciliation, but he is very inexperienced and has made several mistakes in the process.
Bank reconciliation statement as at 30 June 2017 4 737 DR Balance as per bank statement at 1 June 2017 (favourable) Outstahding cheques CC604 (dated 2 December 2016) 1198 396 CC1120 (dated 28 June 2017) CC1121 (dated 29 June 2017) 3 594 598 CHQ321 Outstanding deposits: Deposit slip no.49 (dated 3 June 2017) 2096 Deposit slip no.56 (dated 30 June 2017) 7 096 Direct deposit by debtor Masisi 2 402 Correction of error on cheque CC942 995 Balancing number Balance as (2 287) per bank statement at 30 June 2017 (favourable) 7253 DR
Additional information: ,**** * ***** . 1. R Debit balance per the Bank Statement at 30 June 2017 7 253 2. Cheque CHQ321 which appears on the June bank statement was in fact 598 incorrectly debited to the business's account. Debtor Masisi made a direct deposit to settle his account. 2 402
A4. The outstanding deposit (deposit slip no. 49) did appear on the June bank statement; however the amount in the cashbook receipts were incorrectly shown as R2 006. The correction of error on cheque CC942 relates to a mistake made by the business, the amount on the cheque was correct R3 995 as shown on the June bank statement; however it was entered into the cashbook payments at the incorrect amount R3 000. 6. You can assume all other.dates and amounts are correct.
Reguired: (9) Q.1.1 Taking into account all the information presented above, prepare the correct bank reconciliation statement as at 30 June 2017. Correct the layout, terminology, entries, and amounts, as marks will be given to all corrections. Indicate clearly which amounts are added and which amounts are subtracted. (4) Q.1.2 What should the opening balance per the bank account in the general ledger be on 1 July 2017; will this be a debit or credit balance? Q.1.3 What is the (2) correct accounting treatment of a cheque marked "return to drawer Give both the journal for the entry as well as the actual accounting entry (ie. account DR and CR) in your answer.
Answers
Q1.1: The corrected bank reconciliation statement shows a favorable balance of $8,497 as per the bank statement on 30 June 2017.
Q1.2: The opening balance in the general ledger should be $8,497, and it will be a credit balance. Q1.3: A cheque marked "return to drawer" should be reversed by debiting the Bank account and crediting the Accounts Payable account.
Q1.1:
Bank Reconciliation Statement as at 30 June 2017:
Balance as per bank statement at 1 June 2017 (favorable) 4,737 DR
Outstanding cheques:
CC604 (dated 2 December 2016) (1,198)
CC1120 (dated 28 June 2017) (594)
CC1121 (dated 29 June 2017) (598)
Adjusted balance 2,347 DR
Outstanding deposits:
Deposit slip no.49 (dated 3 June 2017) 2,096
Deposit slip no.56 (dated 30 June 2017) 7,096
Direct deposit by debtor Masisi 2,402
Adjusted balance 11,594 CR
Correction of error on cheque CC942 (995)
Balancing number 8,497 CR
Balance as per bank statement at 30 June 2017 (favorable) 8,497 CR
Q1.2:
The opening balance per the bank account in the general ledger on 1 July 2017 should be $8,497, and it will be a credit balance.
Q1.3:
The correct accounting treatment of a cheque marked "return to drawer" would be to reverse the original entry. The journal entry would be:
Account Debit Credit
Bank 598
Accounts Payable 598
This entry debits the Bank account to reduce the amount incorrectly debited and credits the Accounts Payable account to reverse the original payment entry.
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use the 4-step process to find the comparative advantage and the gains from specialization and trade. what is tina’s opportunity cost? a. 1 coconut
Answers
To find Tina's opportunity cost and determine the comparative advantage, we can use the 4-step process of specialization and trade:
Step 1: Identify the goods or services being compared. In this case, we are comparing coconuts.Step 2: Calculate the opportunity cost of producing each good service. The opportunity cost is the value of the next best alternative given up when a choice is made. For example, if Tina can produce either 1 coconut or 2 fish in the same amount of time, her opportunity cost of producing 1 coconut would be 2 fish.
Step 3: Determine the comparative advantage. Comparative advantage occurs when a person, group, or country can produce a good or service at a lower opportunity cost than others.In this case, if Tina's opportunity cost of producing 1 coconut is 2 fish, and let's say her friend's opportunity cost of producing 1 coconut is 3 fish, Tina has a lower opportunity cost. Therefore, Tina has the comparative advantage in producing coconuts.Step 4: Analyze the gains from specialization and trade. Specialization occurs when individuals, groups, or countries focus on producing the goods or services they have a comparative advantage in.
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Day 2 still: Put whatever you want you deserve a break from answering or asking questions :D
Answers
thank you very much kind person :-)
Answer
Anybody else lokey failing lol
Explanation:
A party can be discharged from a contract. Name eight ways thata party can be discharged.
Answers
A party can be discharged from a contract by impossibility of performance, breach of contract, rescission, frustration of purpose, operation of law and illegality.
1. Performance: The parties fulfill all the terms and conditions of the contract, and the contract comes to an end. A party is discharged from a contract when they have fully performed their contractual obligations.
2. Mutual agreement: Both parties agree to end the contract by mutual consent. Both parties may mutually agree to terminate the contract, thereby discharging their obligations.
3. Impossibility of performance: The performance of the contract becomes impossible due to unforeseeable events, such as war, natural disasters, or death of the parties involved.
4. Breach of contract: A party breaches the contract, and the non-breaching party can choose to terminate the contract. If one party breaches the contract, the other party can be discharged from their obligations.
5. Rescission: One party can request the court to rescind or cancel the contract due to misrepresentation, fraud, or mistake.
6. Frustration of purpose: The objective of the contract becomes meaningless due to unforeseeable events, such as a change in law or regulation.
7. Operation of law: The contract becomes illegal due to a change in the law, or the contract is declared void by the court. A party can be discharged by operation of law, such as bankruptcy, which makes it impossible for the party to fulfill their contractual obligations.
8. Illegality: If the subject matter of the contract becomes illegal or the contract itself is found to be against public policy, a party can be discharged from the contract.
By understanding these eight ways, you can better navigate the circumstances that may lead to a party being discharged from their contractual obligations.
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Demand for C&A Resort has a seasonal pattern. Total demand next year is expected to be 1,600. Given the historical data of last two years, what is the forecast for spring next year?Season Year 1 Year 2Fall 120 80Winter 510 450Spring 700 600Summer 610 490485 494 90 431 584
Answers
Using regression analysis on the given data, we can estimate that the demand for spring next year will be around 645 units.
In economics, demand is the amount of a good that consumers are willing and able to purchase at various prices within a particular period of time. A other name for the correlation between price and quantity demand is the demand curve.
A number of variables influence consumer demand for a specific good, including perceived need, price, perceived quality, convenience, alternatives provided, buyer preferences, and available funds.
The basic relationship between supply and demand is determined by a good's potential price and the quantities that would be purchased at that price. The correlation is frequently negative, meaning that a rise in price will cause a decrease in the quantity demanded.
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Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the second following month. On December 31, the accounts receivable balance includes $21,000 from November sales and $51,000 from December sales. Assume that total sales for January are budgeted to be $59,000. What are the expected cash receipts for January from the current and past sales?
Answers
Answer:
$57,100
Explanation:
The technique for this question to follow closely the payment cycle
Calculation of January Cash Receipts
Cash Sales ($59,000 x 10%) $5,900
Credit Sales in January ($59,000 x 40%) $23,600
Credit Sales in December ($51,000 x 50%) $25,500
Credit Sales in December ($21,000 x 10%) $2,100
Total $57,100
Conclusion
the expected cash receipts for January from the current and past sales is $57,100
Dr. Peabody recorded $6,820 in services provided to clients who make monthly payments. Which of the following statements is correct?
A. The dental revenues account is debited $6,820; accounts receivable is credited $6,820.
B. Accounts receivable is credited $6,820; the dental revenues account is credited $6,820.
C. Accounts receivable is debited $6,820; the dental revenues account is debited $6,820.
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Answers
Answer:
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Explanation:
The two accounts that are affected here are accounts receivables ( Assets) and the revenue account ( affects capital). The accounts receivable will increase as payment is expected at the end month. Since receivable are assets, an increase in receives is recorded as a debit of the account receivable account. $ 6,820 will be debited on the accounts receivables.
The services rendered increases the revenue to Dr. Peabody. Revenue is considered a capital account because it increases the owner's equity. An increase in a capital account is credited. Dr. Peabody will credit the dental revenue account with $6,820.
Can you outsmart me test? I will give you 20 brainly points!
Answers
Answer:
Yes I can outsmart you :)
Explanation:
Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
Answers
Which is not a benefit of a checking account?
Answers
Answer:
no interest
Explanation:
A checking account is a type of account that enables comfortable deposits and withdrawal of money for regular trades.
It can include deposit and withdrawal of cash as well as cheque.
Getting no interest in a checking account is not a beneficial factor.
The benefits of the checking accounts are convenience, easy budgeting and safety.
As compared to the saving account having a proof of payment is the beneficial point of having checking account.
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Any four point benefits of reuse?
Answers
Prevents pollution caused by reducing the need to harvest new raw materials.
Saves energy.
Reduces greenhouse gas emissions that contribute to global climate change.
Helps sustain the environment for future generations.
Hope it helps!
Answer:
The four benefits of reuse are
we can use the same things again.
we can conserve environment.
we can balance eco-system.
we can be away from pollution.
Drag the tiles to the correct boxes to complete the pairs.
Match the cost or benefit with the appropriate spending decision.
Answers
Answer:
can result in crushing interest expenses, obtaining a loan for a major purchase
can help in any emergency using your savings account money
does not require planning, making impulse purchases
establish good credit using credit card
Answer:
tile: Making impulse purchases = pairs: does not require planning
tile: Using credit cards = pairs: can result in crushing interest expenses
tile: Obtaining a loan for a major purchase = pairs: establishes good credit (if the payments are made on time every month until paid off)
tile: Using your savings account money = pairs: can help in an emergency
Explanation:
1st tile: by definition an impulse purchase is made quickly, without any planning.
2nd tile: if credit cards are used without paying off balances every month can lead someone to accruing large amounts of interest charges and can lead to financial ruin.
3rd tile: Typically when making large ticket purchases like homes or cars can build a great credit history because it gives you credit history and payment timeliness history.
4th tile: Typically when emergencies happen, there is no time for payments or financial planning. Savings funds can help during unplanned or emergency financial situations such as unplanned car repairs or car accidents.
Identify unique provisions of the NBA, NFL, and MLB CBAs that
differentiate them from each other.
Answers
Each league has its own set of rules and regulations tailored to the specific dynamics and needs of the sport and its stakeholders.
The Collective Bargaining Agreements (CBAs) of the National Basketball Association (NBA), National Football League (NFL), and Major League Baseball (MLB) contain various unique provisions that differentiate them from each other. Here are some key provisions specific to each league:
NBA CBA:
Salary Cap and Luxury Tax: The NBA has a salary cap system that limits the total amount teams can spend on player salaries. It also has a luxury tax provision that penalizes teams that exceed the salary cap threshold by a certain amount.
Maximum and Minimum Player Contracts: The NBA has specific rules regarding the maximum and minimum length and value of player contracts, which can vary based on a player's experience and tenure in the league.
Bird Rights: The NBA's CBA includes "Bird Rights," which allow teams to exceed the salary cap to re-sign their own free agents under certain conditions.
Guaranteed Contracts: NBA player contracts are generally fully guaranteed, meaning players are entitled to receive their full salary even if they are waived or injured.
NFL CBA:
Revenue Sharing: The NFL has a robust revenue-sharing system among teams, ensuring a more equitable distribution of revenue across the league.
Salary Cap and Floor: Similar to the NBA, the NFL has a salary cap system, but it also has a salary floor provision, which requires teams to spend a minimum amount on player salaries each year.
Rookie Wage Scale: The NFL's CBA includes a rookie wage scale that sets predetermined salaries for incoming rookie players, based on their draft position.
Collective Bargaining and Player Safety: The NFL CBA addresses player safety concerns, including protocols for injury treatment, concussion protocols, and measures to improve player safety.
MLB CBA:
No Salary Cap: Unlike the NBA and NFL, MLB does not have a salary cap, allowing teams to spend freely on player salaries.
Luxury Tax and Revenue Sharing: MLB has a luxury tax system, also known as the competitive balance tax, which imposes a tax on teams that exceed a certain payroll threshold. Additionally, MLB has revenue-sharing provisions to help distribute revenues across teams.
Arbitration and Free Agency: MLB has a unique arbitration system, where players with a certain level of service time can go through a salary arbitration process. It also has various rules surrounding free agency, including qualifying offers and compensation for signing free agents.
Minor League System: The MLB CBA includes provisions for the development and compensation of minor league players, including rules regarding contracts, promotion, and demotion.
These are just a few examples of the unique provisions found in the CBAs of the NBA, NFL, and MLB.
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SPICY SALE!!! LAST 100 POINTS!!!
Answers
Answer:
e
Explanation:
Answer:
thank you I need it
Explanation:
Customers: Los Angeles, Chicago, and Philadelphia
Cars are produced at plants, then shipped to wareho
uses, and finally shipped to
customers. Detroit can produce 150 cars per week an
d Atlanta can produce 100 cars per
week. Los Angeles requires 80 cars per week; Chicag
o, 70; and Philadelphia, 60. It costs
$10,000 to produce a car at each plant, and the cos
t of shipping a car between two cities
is given in the following table. Determine how to m
eet General Ford’s weekly demands
at minimum cost.
Answers
The required capacity for our warehouses are: Denver 80 cars, New York 130 cars.
This approach will require $10,000 in shipping expenses overall per week. A total of $10,000 would be spent each week on manufacture and delivery (200 automobiles would be created at a cost of $10,000 apiece + $10,000for shipping). With this strategy, all of the product produced in Detroit will be delivered to warehouses, satisfying client demand in all three cities. Atlanta will have 40 automobiles in the warehouse that are surplus to requirements if production is at the desired rate of 100 cars per week. Finding new consumers for the additional 40 cars is preferable to producing only 60 cars in Atlanta.
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according to theory, studying historical stock price movements to identify mispriced stocks:
Answers
Technical analysis may be applied to stocks, futures, and currency markets among other things.
According to the theory,
studying historical stock price movements to identify mispriced stocks is known as technical analysis.
What is technical analysis?
Technical analysis is a method of evaluating securities by evaluating statistics produced by market activity, such as historical prices and volume.
Unlike fundamental analysis, which attempts to evaluate a security's intrinsic worth, technical analysis concentrates only on market activity.
Technical analysts utilize graphs, trendlines, and other statistical analyses to evaluate patterns of stocks, bonds, or other securities.
The major tenet of technical analysis is that an asset's price reflects all available information, making historical stock prices a reliable indicator of future price movements.
Technical analysts examine charts to spot patterns and trends that may suggest an upcoming trend reversal.
Technical analysis may be applied to stocks, futures, and currency markets among other things.
Traders who use technical analysis will buy or sell based on these patterns and trends.
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enter mia profit/loss for the 2 month
Answers
Fran Jefferson began her job as the supervisor of the training department of Metro Bank and Trust Company almost four years ago, she was generally pleased with the four trainers and one secretary in her unit. Indeed, Fran took pride in her ability to create a high morale and high-performance unit. This was particularly pleasing to Fran because they were constantly busy and barely able to keep up with the volume of training expected from them. Then early on Wednesday morning Fran’s secretary, Judy Martin knocked on Fran’s door and asked to see her. Fran Liked Judy and considered the secretary to be one of her "stars." Indeed, in an effort to develop Judy’s talents and abilities, Fran had gone out of her way to give Judy special assignments, including her in all the major planning activities of the department and entrusting her with the administration of certain departmental programs, such as tuition assistance and evaluation follow-through. By now Judy functioned more as an administrative aide than as a secretary. It was clear that Judy was upset about something as she seated herself in the chair next to Fran’s desk. Slowly, Judy placed a job-posting application form in front of Fran. She would not look her supervisor in the eyes. Fran was surprised, to say the least. As far as Fran knew, Judy liked both her hob and working in the Training Department. In turn, everyone else in the department liked and respected Judy. Fran looked over the form and said casually, "so you want to post for the executive secretary job in the Branch Management Division." She paused. Could I ask you for some additional information, Judy? I‘m kind of surprised." Judy looked at her clasped hands, thinking. Fran waited. Finally, Judy looked up and said: "I noticed in last week’s job posting that the executive secretary position is graded as a 14. Now that’s two grades higher than my job!" She caught her breath. "You know my friend Mary Johnson works over there. She told me that half the time the secretary sits around doing nothing." Judy continued, Gathering some anger in her look and resentment in her voice. "Look, Fran, you know how hard I work, how hard we all work, around here. I mean. I’m always busy. I don’t see why I should work in a job graded at a 12 and work twice as hard and yet not be paid the same as that secretary. The job requirements for the job are just a little higher than mine and the merit raise you gave me last month hardly helped at all." Fran listened; then she replied: "It sounds to me, Judy, that you’re feeling angry because you think you should be paid more for the work you do and that you want to switch jobs rather than put up with things as they are. Am I right?" Judy nodded her head in agreement. Fran knew, though, that the Metro hob evaluation system was up to date and that the executive secretary position to which Judy referred did require additional background experience, skills, and responsibilities beyond what was needed in Judy’s current hob. Because her secretary was such a good employee and nice person, Fran was quite concerned. She felt strongly that moving to the executive secretary job would not be what Judy really wanted, and she hated to lose Judy, especially her decision was based on faulty reasoning and the move would not be good for her.
Help me to answer these 3 questions, please.
1. What is/ are the problem/s presented in the case?
2. What HR responsibility/ responsibilities of a line manager does Fran need to focus on to solve the problem/s in this case?
3. What HR activities/ programs can you recommend to be implemented in the organization in order to prevent these problems from happening again?
Answers
1. The problem in the case Judy, feels that she is not being paid fairly for the amount of work that she does.
2. Fran needs to focus on the HR responsibility of compensation management in order to solve the problem.
3. The HR activities include pay fairly, create opportunities, create a transparency etc.
The problem presented in the case is that Judy, Fran's secretary, feels that she is not being paid fairly for the amount of work that she does and wants to switch jobs to a higher paying position that she believes requires less work. Additionally, Fran is concerned about losing Judy as an employee and wants to prevent her from making a decision based on faulty reasoning.
She needs to ensure that Judy understands how the job evaluation system works and why the executive secretary position is graded higher and requires additional background experience, skills, and responsibilities. Fran also needs to focus on employee development and career planning in order to help Judy find a position that would be a good fit for her.
Some HR activities and programs that can be implemented in the organization to prevent these problems from happening again include conducting regular compensation reviews to ensure that employees are being paid fairly, providing training and development opportunities and advance their careers, and creating a transparent job evaluation system.
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Which dot plot shows three TV's in two houses? A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 has 1 dot, 1 has 2 dots, 2 has 3 dots, 3 has 2 dots, and 4 has 1 dot. A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 and 1 dot, 1 has 2 dots, 2 has 2 dots, 3 has 3 dots, and 4 has 1 dot. A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 has 0 dots, 1 has 3 dots, 2 has 2 dots, 3 has 3 dots, and 4 has 1 dot. A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 has 1 dot, 1 has 2 dots, 2 has 4 dots, 3 has 3 dots, and 4 has 1 dot.
Answers
Answer:
The answer is "The first choice".
Explanation:
Please find the graph file of the given question:
In the given question the first choice is correct because in the graph it has 3 dots, which denotes the (tv's) in 2 that is equal to the two houses.
Answer:
The answer is A.)
Explanation:
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A basic concept in economics is that all resources are
O scarce.
• allocated.
valuable.
O renewable.
Answers
A basic concept in economics is that all resources are scarce. Thus, option a. is the correct answer.
Explain about the basic concept about the economics.
Every person's life includes doing economics on a regular basis in addition to studying it. It serves as a means of balancing the inputs and outputs of money. Whatever it is, one should prepare before the month or count at the end of the month or year, whether it is a small family, a large family, a small commercial enterprise, or a giant organisation. Economics seeks to strike a balance between the unending demands and the finite resources.
After saying this, we'll start talking about the topic of "economics." The pupils who are just beginning their studies in commerce in class XI will find this subject extremely interesting. In essence
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Answer:
Option A scarce
Explanation:
how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answers
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
A _____ is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.
Answers
A competitive advantage is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.
What exactly is a competitive advantage?If a company have something that gives it an edge over its competitors that eventually helps it attract more customers and grows its market share, then it is a competitive advantage to the company.
There are three primary forms of a competitive advantage, namely (1) cost advantage, (2) offer advantage, and (3) niche advantage.
Cost advantage means providing a service or producing a product at a lower cost than competitors.Offer advantage means a company's product or service stands out from the competitors by meeting a unique customer need.Niche advantage means designing a product or service that attracts a specific audience.Find out more about competitive advantage here: https://brainly.com/question/26514848
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a company's cybersecurity trainer is recording a lunch and learn video for new employees. the trainer discusses the dangers of spam. besides being annoying, what other problem could spam cause?
Answers
The other problem could spam cause as a link in a spam message could lead to what seems to be a helpful or innocent website, but upon clicking it, the user's computer might be infected with harmful malware.
While spam may clog email inboxes if it is not properly screened and routinely discarded, it can also be dangerous. Email spammers, often known as spammers, frequently change their techniques and content to deceive potential victims into downloading malware, disclosing personal information, or donating money. Spamming is the practice of sending numerous unwanted communications (also known as spam) to several recipients for any illegal purpose, such as commercial advertising or non-commercial preaching (especially the fraudulent purpose of phishing).
Your email address is frequently obtained by marketers who then buy your data from other businesses using internet forms, social media, and scraping tools. So, the fewer services you subscribe to, the harder it will be for these spammers and marketers to discover your address.
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At what age can you start working?
Answers
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
4) The term data is: A) Simple B3) Hard () Singular D) Plural 3) The me minimum number of shareholders of a cooperative society is (A) 05 (3) 08 () 10 09 15 6) The difference between Total Revenue and Total cost is A) Profit BB) Loss C) Price D) Inputs (7) The only producer of the producer of the good is called. A) A trader B) The monopolist C) The trader and monopolist D) None of these 8) Noise pollution in the form of unwanted sound com damag A/Physiological health B) Psychological health () Physiological and Psykohological health Of None of these
Answers
Answer:
The term data is: A) Singular
The minimum number of shareholders of a cooperative society is (A) 05
The difference between Total Revenue and Total cost is A) Profit
The only producer of the good is called. B) The monopolist
Noise pollution in the form of unwanted sound can damage: C) Physiological and Psychological health
Explanation:
Assume a merchandising company provides the following information from its master budget for the month of May:
Cash balance, May 1 $20,000
Cash collections from customers $80,000
Cash disbursements for merchandise purchases $35,000
Cash disbursements for selling and administrative expenses $40,000
If the company wishes to maintain a minimum cash balance of $30,000 at the end of every month, then its borrowings at the beginning of May will equal: _________
Answers
The required borrowings at the beginning of May would be $80,000.
To determine the borrowings required at the beginning of May, we need to calculate the ending cash balance for the month of May.
Beginning cash balance on May 1 is $20,000.
Cash collections from customers for the month of May are $80,000.
Cash disbursements for merchandise purchases are $35,000, and cash disbursements for selling and administrative expenses are $40,000.
Therefore, the total cash disbursements for the month of May are $35,000 + $40,000 = $75,000.
The net cash inflow for the month of May is $80,000 - $75,000 = $5,000.
If the company wishes to maintain a minimum cash balance of $30,000 at the end of every month, it means that the ending cash balance for May should be $30,000.
Thus, the required borrowings at the beginning of May will be:
Ending cash balance for May = Beginning cash balance + Net cash inflow - Total cash disbursements
$30,000 = $20,000 + $5,000 - $75,000 + Borrowings
Simplifying the equation, we get:
Borrowings = $30,000 - $20,000 - $5,000 + $75,000
Borrowings = $80,000
Therefore, the required borrowings at the beginning of May will be $80,000.
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c. suppose a single buyer enters and takes over control of the industry. what is the monopsony equilibrium level of employment and wage?
Answers
The market labour supply curve determines the equilibrium market wage rate. The company will have to pay a $20 wage to hire 3 employees. As a result, the equilibrium wage is $20 and there are 3 hired workers.
The point where labour supply and demand converge is the equilibrium market wage rate. Up until the moment where the additional expense of hiring an employee equals the additional sales revenue from selling their output, employees are recruited. Any point where supply and demand converge in a market with perfect competition can serve as an illustration of the equilibrium wage. In a competitive market, supply and demand decide wages. A rise in supply or a fall in demand will raise the equilibrium wage. The equilibrium wage will decline if supply or demand fluctuates. When wages are high, workers prefer to work, and employers prefer to hire when wages are low. The salary and employment levels that are observed in the labour market are determined by labour market equilibrium, which "balances out" the competing desires of employers and workers.
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the similarities of African countries
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The similarities between African countries are:
Background on Agriculture in Africa
Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.
It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).
Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.
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