Research on diversity in groups indicates that ____.
a.
diverse groups suffer from poor communication and are less creative and flexible than homogeneous groups
b.
diverse groups are more creative and flexible than homogeneous groups, and tend to perform better than other groups
c.
diverse groups are capable of being more creative and flexible than homogeneous groups, but tend to suffer from poor communication and perform worse than other groups
d.
diverse groups are far more communicative with one another than homogeneous groups, but tend to be less creative and flexible

Answers

Answer 1

Diverse groups are more creative and flexible than homogeneous groups, and tend to perform better than other groups. (Option C)

What exactly is a heterogeneous group?

Heterogeneous grouping is a distribution strategy used in the classroom where varied pupils (such as talented and learning disabled students) are put in different classrooms to apply their skills and abilities more equally throughout their cohort.

How significant is homogeneous grouping?

The ability for everyone to complete the work or exercise at their own pace is the first advantage of homogeneous groups. Gifted students in particular are less likely to do all the work while others scramble to keep up or completely disappear into the background when surrounded by classmates roughly of their own aptitude.

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Related Questions

retro company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1 per share. if retro issues 5,000 shares of common stock to pay its recent attorney's bill of $25,000 for legal services on a land access dispute, which of the following would be the best journal entry for retro to record?

Answers

Legal expense  25,000 dr

To Common stock  5,000 cr

To Paid-in capital in excess of stated value-Common  20,000 cr

How do you calculate the Paid-in capital in excess of stated value-Common?

Paid-in capital in excess of stated value-Common

= Legal expense - Common stock

Paid-in capital in excess of stated value-Common

= 25,000 - 5,000

Paid-in capital in excess of stated value-Common

= $20,000

What does the term common stock mean?

A security called common stock serves as a proxy for a company's ownership. Common stock holders decide on corporate policies and elect the board of directors. Usually, long-term returns from this type of stock ownership are higher.

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when large market segments can be identified, can be important competitive advantages of global companies.

Answers

When large market segments can be identified, economies of scale in production and marketing can be important competitive advantages of global companies.

What are market segments?

Organizing potential customers into groups or segments with comparable demands and responses to marketing actions is referred to as market segmentation in marketing. Market segmentation helps businesses to target various customer groups who view the entire worth of certain goods and services in a variety of ways.

Market segmentation aims to identify specific customer groups so that products and branding may be tailored to appeal to the group.There are many other ways to segment markets, including geographically, demographically, or behaviorally.Market segmentation assists businesses in reducing risk by identifying the items that are most likely to capture a portion of a target market and the most effective strategies for marketing and distributing those products to that market.With risk reduced and more clarity regarding the marketing and delivery of a product, a business can then concentrate its resources on initiatives that are likely to provide the highest profits.Market segmentation may broaden a company's demographic appeal and may enable it to unearth goods or services that it had not previously explored.

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when large market segments can be identified, can be important competitive advantages of global companies.

when a product is past the split-off point, but is not yet a finished product, it is called a(n) product. (enter only one word per blank.)

Answers

When a product is past the split-off point but is not yet a finished product, it is called an intermediate product.

What Is an Intermediate Product?

An intermediate product is basically a type of product that has undergone a production process or past the split-off point but is not yet complete. This intermediate product is not yet a finished product that is ready to be sold and marketed to consumers, but this product will go through an advanced production process so that it can become a finished product. An example of an intermediate product is cloth which is the result of production from yarn where the cloth will undergo an advanced production process that turns the cloth into clothes that are ready for sale.

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In the set of all past due accounts, let the event A mean the account is between 31 and 60 days past due and the event B mean the account is that of a new customer. The union of A and B is all new customers all accounts fewer than 31 or more than 60 days past due all accounts from new customers and all accounts that are from 31 to 60 days past due all new customers whose accounts are between 31 and 60 days past due

Answers

In the set of all past due accounts, all accounts are fewer than 31 or more than 60 days past due.

What is the difference between past due and arrears?

To differentiate from past due payments, payment at the end of a period is referred to as an arrear and is capitalized. For instance, a tenant who must pay rent at the end of each month is said to be in arrears on their rent payments, whereas a tenant who has not made rent payments due for 30 days is said to be one month behind.

When an account is regarded as being past due, it means that as of the last payment due date, the minimum required payment had not been made to the account. Technically, the moment you miss the payment, your account is past due. Some credit card companies automatically charge a late fee to your card.

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Yes/No field values are stored in an Access database as a --1 for a checked value and a 0 for an unchecked value

Answers

True. The field values are stored in an Access database as a --1 for a checked value and a 0 for an unchecked value.

What is a  database ?

A relational database management system is one of four common types of systems you can use to manage your business data.

A database is a collection of data that has been organised to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.

Among the other three are hierarchical database architectures.

database systems for networks.

database systems that use objects.

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Which segment is most likely set at 1.0 spacing?
Learning about Microsoft Office is awesome! I can now more efficiently create and edit documents. I will
have skills to get a good job and my mom will be so proud!
Learning about Microsoft Office is awesome! I can now more efficiently create and edit documents. I will
have skills to get a good job and my mom will be so proud!
Learning about Microsoft Office is awesome! I can now more efficiently create and edit documents. I will
have skills to get a good job and my mom will be so proud!
Learning about Microsoft Office is awesome! I can now more efficiently create and edit documents. I will
have skills to get a good job and my mom will be so proud!

Answers

Learning about Microsoft Office is awesome! I can now generate and edit documents more quickly.

My mother will be very proud of me since I'll have the skills to land a nice career!  The correct answer is (b).

What is Single Spacing?

The distance between every line in a paragraph is known as line spacing. You may set the line spacing in Word to be single spaced, double spaced, or any other number of lines high that you like. Word's standard spacing is 1.08 lines, which is a little bit more space than single spaced.

The gap between text lines is known as line spacing. Tight line spacing can squeeze more text into a space, whereas loose spacing can make writing much more readable.

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wiese reports net income of $100,000 for the year ended 12/31/21. total assets were $800,000 on 12/31/20 and $900,000 on 12/31/21. the company earned a return on assets of: (round the tenth of percent)

Answers

The company earned a return on assets of: (round the tenth of percent) = 11.8%

What do you mean by net income?

The term "net income" refers to a company's net earnings. It is determined by subtracting total expenses from total receipts. The term "total expenditure" can refer to a variety of things, such as taxes, business expenses, interest payments, fees, and depreciation. The calculation of shareholders' earnings per share is aided by net income.The amount by which total expenses exceed total revenues produced by a company's business operations is referred to as net loss. Sales of goods or products, transactions, investments, etc. can all result in income. On a company's income statement, net loss is shown as negative net profit.

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An item that will enter into accounting income but will never affect taxable income is a ______ difference.

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An item that will enter into accounting income but will never affect taxable income is a permanent difference.

Give a brief about accounting.

One of the most important aspects of practically any firm is accounting. Small businesses may have a bookkeeper or accountant manage it, whereas bigger corporations may have vast finance departments with many people. Management can make wise business decisions thanks to the information produced by many streams of accounting, including cost accounting and managerial accounting.

Concise and consolidated reports based on hundreds of distinct financial transactions make up the financial statements that sum up a huge company's activities, financial status, and cash flows during a certain time period. Because of this, all professional accounting credentials are the product of years of education, difficult exams, and at least a certain amount of practical accounting experience.

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Question 1 of 10
Which of these are long-term impacts of having a good credit history?

Answers

Answer:

can you add a screenshot to the question

Explanation:

which of the following are tax-deductible to the firm? multiple choice question. dividends paid on preferred stock dividends paid on common stock principal amounts paid on debt coupon interest paid on bonds

Answers

An option that are tax-deductible to the firm is a coupon interest payments on bonds. The Option C is correct.

What is a Tax Deductible?

Also known as a tax deductible expense, refers to an expense that is considered as ordinary, necessary and reasonable and that helps a business to generate income. It is usually deducted from a company's income before taxation.

According to Internal Revenue Service (IRS) in Publication 535, a business expenses refers to an ordinary expense is one that is common and accepted in your industry. This necessary expense is one that is helpful and appropriate for your trade or business.

Any business does incurs a wide range of expenses. From starting the business to maintaining it, various expenses keep the operation running smoothly. However, many expenses are deductible and can lower tax liabilities.

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the following four graphs (figure 16.15 a, b, c, and d) display the number of customers in a queuing system (y-axis) over a long period of time (x-axis). which of the following is most likely a stable system?

Answers

The lines in the first three systems get bigger and don't seem to get any shorter. The fourth system has a queue that expands and contracts repeatedly, a sign of a stable system.

What does a queuing system serve?

You have simple access to information about the quantity of visitors, queue demand, and wait times because a queue system automatically maintains track of all customers who have signed up. In other words, a queue system aids in the creation of thorough, in-depth retail analytics: how many people are there. the quantity of absentees.

What is a model of a queuing system?

The mathematical description of a queueing system known as a queueing model includes certain assumptions regarding the probabilistic nature of the arrival and service processes,

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Which of these aspects of help desk operation would not normally be covered in a user support mission statement?

Answers

Help desk fees for services of help desk operation would not normally be covered in a user support mission statement.

What is operation ?Everything that is done within a company to run it  and make a profit is  collectively called business operations. Business operations often include an operationally specific section  to help the founders of the business understand the systems, equipment, people, and processes required to make the organization work.Operations management helps improve an organization's reputation  and  has a positive impact on its ability to achieve growth and stability goals. Operational management ensures that products meet  quality standards and customer expectations.It simply means the end-to-end process of transferring and storing shipments of finished and unfinished goods. For example, an automobile manufacturing organization inventories and transfers automobiles (or their parts) in a systematic manner.His three main types of business management include service, merchandising, and manufacturing. All three forms of business involve selling goods to people, but each has different and important characteristics.

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a potentially effective way to assure ethical behavior in an organization is to distribute rewards primarily on the basis of outcomes.

Answers

By defining acceptable actions that go beyond the control of the government, business ethics improve the law. Businesses establish business ethics to earn the trust of key stakeholders like investors and customers and to encourage honesty among their workforce.

What is the most efficient way for a business to encourage ethical behavior?

Reward ethical behavior Employees who are held in high regard are more likely to act with integrity and value honesty in others. Rewarding those who adhere to your company's Code of Practice or Ethics Code is a good way to emphasize the importance of doing so.

Why is ethical behavior important in the workplace?

It is essential to comprehend that unethical behavior in the workplace can inspire negative headlines and lead to the demise of an organization, just as ethical behavior in the workplace can encourage positive employee behaviors that result in organizational growth.

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a customized email message that is sent to customers who may be interested in a product is an effective sales message promoting the product.

Answers

It is true, an e-mail message is an effective tool for a company to promote its products.

What is an e-mail?

It is a message that is sent electronically through instruments such as computers or cell phones, this is sent with important information for recipients.

E-mail is a tool of vital importance because it is fast and economical, it is one of the most advantageous services offered by the Internet because people at long distance can have an efficient communication.

For companies, e-mail is also a great advantage because it can be used to promote products by specifying their characteristics and sending the respective images.

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can help businesses find customers with common interests and discover previously unknown relationships among the data. group of answer choices data mining databases data warehousing customer acquisition programs

Answers

Businesses may use data mining to uncover clients who share their interests and unearth previously hidden links in the data.

Who are these customers, exactly?

An individual or company that purchases products or services from this other company is known as a customer. Customers are essential as they bring in money. Businesses could cease to exist without them.

Why are customers so crucial?

They also make substantial purchase, but they also attract new customers. Your clients function as your sales representatives. In actuality, 56% of consumers said they would tell their relatives and friends about a business that provided great service. By providing outstanding customer service, you can keep clients who are willing to recommend your business.

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aurora Martinez (31) is filing as a single taxpayer. Aurora was the beneficiary of one of her great-grandmother's traditional IRAs. She passed away during the year and Aurora took a $3,000 total distribution from the account she then used the money to pay down her credit card debt.

Answers

Aurora was the beneficiary of one of her great-grandmother's traditional IRAs.  Aurora Martinez (31) is taking money from the Individual Retirement Account(IRA) of her grandmother.

What is an Individual Retirement Account(IRA) ?

Individual Retirement Account(IRA)long-term savings account that individuals with earned income can use to save for the future and enjoy certain tax advantages.

The IRA is designed primarily for self-employed people who do not have access to workplace retirement.

There are annual income limitations that apply to deducting contributions to traditional IRAs and contributing to both IRAs.

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The complete question is:

Aurora Martinez (31) is filing as a single taxpayer. Aurora was the beneficiary of one of her great-grandmother's traditional IRAs. She passed away during the year and Aurora took a $3,000 total distribution from the account she then used the money to pay down her credit card debt.

In group projects for class there is often one member who does noticeably less work than others. Which of the following is the most accurate description of that person?
A) lazy
B) a free rider
C) a forced rider
D) tragedy of the commons

Answers

In group projects for class there is often one member who does noticeably less work than others. A free rider is the most accurate description of that person.

What is a free rider?

The free rider problem is when people utilize or exploit a common resource without contributing their fair part of the cost or without contributing anything at all.

No matter how big or tiny a society is, the free rider issue might arise. A municipal council in an urban region may discuss whether and how to make suburban commuters pay for the upkeep of the area's roads and sidewalks or the safety of its police and fire services. A public radio or broadcast station will dedicate airtime to fundraising in the aim of persuading listeners who aren't making donations to do so.

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jacobins had justified the confiscation of church property (decree on church lands) for all of the following official reasons except

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Jacobins had justified the confiscation of church property (decree on church lands) for all of the following official reasons except to fund the French Revolution.

What does confiscation mean?

Confiscation is the act of taking something, usually property, by a governing authority or other public authority without the consent of its owner. It is usually done for the purpose of taxation, the enforcement of laws, or as punishment for a crime.

What does Taxation mean?

Taxation is the process by which a government levies taxes on its citizens in order to generate revenue for public spending and services. It is the act of imposing a financial charge or other levy on a taxpayer by a governmental organization in order to fund various public expenditures.

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A consumer who scores high on a scale of ________ is likely to express more interest in clothing and personal grooming products than someone who scores lower on the same scale.A) self-concept intensityB) public self-consciousnessC) sexual dimorphic markersD) sex-typed traits

Answers

A consumer who scores high on a scale of public self-consciousness is likely to express more interest in clothing and personal grooming products.

Public self-consciousness :

Public self-awareness is defined as "the tendency to think about the aspects of the self that are the subject of public exhibition...for example, apparent attitudes, mannerisms, stylistic idiosyncrasies, and expressiveness." People who recognize how much they curse when going out to dinner with other people based on the reaction of those around them. In either case, confident people understand that their thoughts and actions are connected to the world around them, which helps shape their identity.

When consumers choose products with characteristics similar to their own?

Since consumer branding decisions are guided by their self-image, consumers are encouraged to choose products that match their image. This connection between self-image and brand image is called “self-image joint”.

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Growth policies that mainly focus on both finding appropriate technology and on getting connected through communications and transport infrastructure are generally associated with a. technologically disconnected nations. b. nations that are technology leaders. c. neoclassical economic theory d. Keynesian economic theory

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Growth policies that mainly focus on both finding appropriate technology and on getting connected through communications and transport infrastructure are generally associated with: A. technologically disconnected nations.

The following policies can be used to promote productivity growth:

Monetary policies.Fiscal policies.Currency Devaluation. Quantitative easing.Privatisation & Deregulation.Investment in education & training.Flexible labour markets.Reducing tax rates.                                                                                                                

When is a rough comparison of GDP per capita is made?

The average per-person income for a region is calculated using per capita income, which is also used to assess the population's standard of living and quality of life. A country's per capita income is determined by dividing its national income by its population. The GDP per capita is frequently used to compare the living standards of various countries on a broad scale. But keep in mind that this figure represents an average. It doesn't explain how a state's citizens and its corporations split the money made through production.

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views consumers as capable of decoding and interpreting the media as they see and hear to suit their own unique needs and lives.

Answers

Audience Power Theory views consumers as capable of decoding and interpreting the media as they see and hear to suit their own unique needs and lives.

What is Audience Power Theory?

The audience theory provides justifications for how individuals interact with, consume, and are impacted by media. Although media existed before the idea of an audience, the majority of audience theory focuses on how individuals interact with different media. There are several explanatory frameworks; there is no single theory of audience. Depending on the phenomenon they try to explain, they might have roots in network science, rhetoric, literary theory, cultural studies, and so on. The amount of analysis for audience theories can also vary, from individuals to big groups or networks of people.

James Webster proposed classifying audience research into three interrelated areas of study. One imagines audiences as the setting for different outcomes. This ranges from a sizable body of literature on media influence to several kinds of rhetorical and literary theory. The second imagines audiences as media-using agents. This covers writings on media usage, selection processes, and a few facets of cultural studies. In contrast to the people who make up the mass, the third see audiences as a mass with its own dynamics. This viewpoint has some historical roots in sociology, marketing, and economics. Below, we discuss each method of audience theory.

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views consumers as capable of decoding and interpreting the media as they see and hear to suit their own unique needs and lives.

A flat-dollar amount quoted for the total sum of the design services a designer provides to a client is a

Answers

A flat-dollar amount quoted for the total sum of the design services a designer provides to a client is a Preference for working alone.

What is flat-dollar?

When brokers charge fees as a proportion of the transaction's value, small transactions can not generate enough fees to turn a profit. On the other hand, excessive costs associated with big transaction sizes may deter traders from engaging in large deals. Flat dollar rates eliminate both problems. They essentially establish a price floor by providing dealers with protection at the low end. For traders, flat dollar fees on the high end improve the value of bigger transactions since the flat charge represents a smaller and less fraction of the total transaction cost.

Flat dollar fees on stock transactions, such a broker advertising $4.95 for each equities transfer, have usually become the industry standard in areas like online retail trading.

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Richter Manufacturing has a 10% unlevered cost of equity. Richter forecasts the following free cash flows (FCFs), which are expected to grow at a constant 2% rate after Year 3. Year 1 Year 2 Year 3 FCF $745 $770 $825 What is the horizon value of the unlevered operations? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What is the total value of unlevered operations at Year 0? Do not round intermediate calculations. Round your answer to the nearest dollar.

Answers

The return needed by either a business or an individual to justify an investment in equity is known as the cost of equity. Either the CAPM or the dividend capitalization model is used to calculate the cost of equity.

Explain in detail.

Horizon Value = Cash flow in Year 4/(required rate of return - growth rate)

= 805(1+3%)/(10%-3%)

= $11,845

b.Value today is equal to the present value of future cash flows

= 715/(1.10) + 750/(1.1)^2 + 805/(1.1)^3 + 11,845/(1.1)^3

= $10,773.97

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Arianna is an administrative assistant in the Human Resources Department. Her good friend, John, is applying for a job with the company and she has agreed to serve as a reference for him. John approaches her for advice on preparing for the interview. Arianna has the actual interview questions asked for all applicants and considers making him a copy of the list so he can adequately prepare.


Steps for Making Ethical Decisions


Identify the ethical issue or problem.









List the facts that have the most relevance in the situation.





Identify anyone who might be affected by your decision and how.





Explain what each affected person would want you to do about the issue.





List 3 alternative actions and identify the best and worst case scenario for each alternative, anyone who would be harmed by this choice (and how), any values that would be compromised by selecting this alternative, and any automatic reasons why this alternative should not be selected (legal issues, rules, etc.).






Determine a plan/course of action.

Answers

If Arianna, as a member of the Human Resources Department, provides the actual interview questions to John, she is violating the ethical conduct that is expected of her as an HR staff member, because she is supposed to ensure a fair interview process for all job applicants rather than short-changing it.

What exactly is an ethical practice?

Essentially, an ethic is a concept or moral conviction that shapes a group's behavior, attitudes, and philosophy.

Ethical practice in an organization is the application of ethical ideals in organizational activity. It applies to all areas of organizational behavior, such as corporate governance, employment procedures, sales strategies, stakeholder interactions, accounting processes, product concerns, corporate responsibility, and so on.

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which of the following does au-c 915, reports on application of requirements of an applicable financial reporting framework, apply to?

Answers

AU-C 915, Reports on Application of Requirements of an Applicable Financial Reporting Framework, applies to auditors who are assessing the application of financial reporting standards in a financial statement audit.

What is audit?

Audit is an independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form. It is an objective and systematic assessment of the financial statements of an organization, which includes a detailed review of the organization's accounting and internal control systems. An audit is conducted to ensure that the financial statements are free from material misstatements and provide a true and fair view of the financial position and results of operations of the organization. Auditing is a vital component of the financial system and provides investors with an assurance that the financial statements of the organization are accurate and reliable.

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The author of the memorandum regarding Dodd-Frank financial reform highlights both benefits and costs of this piece of legislation. Additionally, the author highlights some additional pieces of reform that may have improved the legislation. Two examples are expanding CFPB regulation to auto-lending and increased budgets for the SEC and FTC. As always, there are benefits and costs to these provisions. Weigh the pros and cons of these provisions below.
(A) Which of the following are statements that would support the addition of these pieces of reform?
1. AIG and Lehman Brothers were not commercial banks, but played a huge part in the Great Recession.
2. Subprime auto-lending and repackaging of the loans has increased since 2010.
3. These provisions align well with the proposed Financial Choice Act.
4. These provisions will supercharge economic growth in the short-run.
(B) Which of the following are legitimate statements that would be considered costs to the addition of these pieces of reform?
1. The reforms do not reduce moral hazard.
2. Taxpayers have to foot a larger tax bill to pay for more oversight.
3. Increased oversight comes at the expense of constraining economic growth.
4. The FTC and SEC need more help regulating financial industries.

Answers

Both the advantages and disadvantages of the Dodd-Frank financial reform are discussed by the memo's author. A new regulatory umbrella organization led by the Treasury Secretary was established by the Dodd-Frank Act.

Dodd-Frank, the broadest overhaul of Wall Street in history, will stop the excessive risk-taking that caused the financial catastrophe. The measure also offers rational safeguards for American families, establishing a new consumer watchdog to stop mortgage lenders and payday lenders from taking advantage of them.

Dodd-Frank was enacted in 2010 to safeguard consumers from the unfair and misleading business practices and products that contributed to the 2008 financial crisis, to provide regulators with the tools they need to make sure that no Wall Street firm grows too big, complex, or risky to endanger the global economy, and to increase transparency in the financial sector.

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Looking forward to next year, if Digby’s current cash amount is $17,334 (000) and cash flows from operations next period are unchanged from this period and Digby takes ONLY the following actions relating to cash flows from investing and financing activities: Issues $2,000 (000) of long-term debt Pays $4,000 (000) in dividends Retires $10,000 (000) in debt Which of the following activities will expose Digby to the most risk of needing an emergency loan?

a) Issues 100 (000) shares of common stock
b) Sells $7,000 (000) of long-term assets
c) Purchases assets at a cost of $15,000 (000)
d) Repurchases $10,000 (000) of stock

Answers

If Digby, has these assets the one that activity that would expose Digby to the most risk of needing an emergency loan is  Purchases assets at a cost of $15,000 (000). Option C

What would be the reason for a loan?

Digby may become more risky if it needs a lot of money to buy fixed assets because it hasn't entered into any financing transactions to finance its long-term capital funding of assets.

It's a term for quick loans, which are frequently used for urgent emergencies. Some of the alternatives include payday loans, cash advances, title loans, and personal loans. Additionally, some may be riskier than others, such as payday loans. Borrowers could have quick access to emergency borrowing funding.

Personal loans used for emergencies are known as emergency loans. These loans can be used to cover unexpected expenses like last-minute repairs, medical expenses, or funeral fees. Look for lenders who offer speedy loan disbursement because you probably can't wait several days for your loan to be funded if you have unexpected expenses.

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data administrators are responsible for the ______ and procedures used to handle the information of an organization. large companies use/implement the data management policies and procedures most often. multiple choice

Answers

Data administrators are in charge of managing all of an organization's data.

What are the duties of data administrators

Developing policies and detailed procedures for gathering, vetting, sharing, and inventorying data to be stored in databases and for making information available to the organization's members and, potentially, to people outside of it.

The DA should have access to top corporate management because data administration is a policy-making role. An important figure who played a key role in the data resource's strategic planning. Frequently specifies the main data elements as well as their properties and connections.

What expertise are needed by data administrators?

characteristics and abilities

solid technical understanding of query languages and databases.

good written and verbal communication skills, including the ability to keep detailed records of all changes you make and to explain the database's operation to users.

abilities in analysis.

a methodical strategy for tackling issues.

to focus on the little things.

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what is the definition of education?

Answers


the process of receiving or giving systematic instruction, especially at a school or university

Of the following government policies, which would be considered a neoclassical response to an economic recession? A) an increase in government spending B) raising the minimum wage C) weakening the legal standing of labor unions

Answers

The right answer is C. A neoclassical solution to something like an economic recession would be to weaken the legal basis of labor unions.

What triggers an economic downturn?

The majority of recessions, however, are brought on by a complicated triad of elements, such as high interest rates, poor consumer optimism, and stagnant or declining real wages in the labor market. Banking crisis and asset bubbles are two further instances of recession causation .

What takes place during a recession?

Economic output, employment, and consumer expenditure all decrease during a recession.. As the monetary authority lowers rates to boost the economy (like the U.S. Reserve Bank), interest rates also are likely to decrease.

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