The accounting concept that applies when expenses are reported in the same fiscal period that they are used to produce revenue is the matching principle.
The matching principle is a basic principle of accounting that states that expenses should be reported in the same period as the revenue they are used to generate. This means that expenses should be recorded and reported in the same fiscal period in which the related revenue is earned. The matching principle is based on the idea that the financial performance and position of a business should be accurately reflected in its financial statements, and that expenses should be matched with the revenue they help to generate in order to provide a more accurate picture of the business's financial health.
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a budget constraint: select one: a. shows different bundles of goods that all yield the same total utility. b. shows different bundles of goods that all cost the same amount. c. shows different bundles of goods that all maximize an individual's utility. d. shows how much income is needed to maximize total utility.
A budget constraint: select one: shows different bundles of goods that all cost the same amount.
Every combination of goods and services that a consumer may purchase at the current market price within the parameters of his or her available money is referred to as a budget constraint in economics. Consumer theory looks into how consumers make decisions by using the concepts of a preference map and a budget restriction. For both concepts in the two-good situation, a ready-made graphical representation is available. Budget restrictions are placed on the customer because they are only able to spend what their income will permit. The phrase "soft budget constraints" is frequently used to refer to economies that are in transition. This idea was first proposed in 1979 by János Kornai. This was used to describe the "economic behavior in communist economies defined by lack."
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if expansionary monetary policy reduces real interest rates in the united states, which of the following is most likely to occur? group of answer choices net foreign investment will decline, causing the dollar to depreciate and net exports to increase. net foreign investment will decline, causing the dollar to appreciate and net exports to decrease. net foreign investment will increase, causing the dollar to appreciate and net exports to decline. net foreign investment will increase, causing the dollar to depreciate and net exports to increase.
.The dollar will weaken and net exports will rise as net foreign investment falls.
What impact does monetary policy expansion have on the economy?Here is how the economy is affected by an expansionary monetary policy: Lower interest rates make borrowing money more affordable, which encourages people to spend more on products and services and businesses to invest in new machinery.
What distinguishes contractionary from expansionary monetary policy?Modifying the amount of money in an economy involves contractionary and expansionary strategies. An economy's money supply rises as a result of an expansionary policy. Contrarily, a contractionary policy reduces the money supply in a nation.
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A balance sheet is a financial statement that reports assets, liabilities, and owners' equity on a specific date. True or false?
Option a. True is the correct answer. The balance sheet is a financial statement that reports assets, liabilities and owner's equity on a specific date.
A financial statement that lists a company's assets, liabilities, and shareholder equity at a certain point in time is referred to as a balance sheet. The foundation for calculating investor return rates and assessing the capital structure of a firm is provided by balance sheets.
The balance sheet is a financial statement that gives a quick overview of the assets and liabilities of a firm as well as the amount of shareholder investment. When doing basic analysis or calculating financial ratios, balance sheets can be utilized in conjunction with other crucial financial data.
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New classical economists believe that an increase in deficit financing by the government will: __________
New classical economists believe that an increase in deficit financing by the government will Increase savings and fail to stimulate the economy.
A budget deficit can lead to more borrowing more interest payments less reinvestment, and less income next year. Fiscal deficits will make business decision-makers more optimistic. Increased demand for borrowable funds through borrowing will raise interest rates.
Reduce private investment. Neoclassicals believe in a more passive fiscal policy approach designed to support economic growth at stable prices. They believe in low tax rates and limited government spending, which they believe allows the private sector and thus the economy as a whole to thrive. Fiscal deficits will make business decision-makers.
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among borrowers and lenders, who benefits from very high inflation or unexpected inflation and who is negatively impacted by very high inflation or unexpected inflation? explain why.
Unexpected inflation benefits borrowers since the amount they repay is less valuable than the amount they borrowed.
Who benefits more the lender or the borrower?Lenders gain from borrowers waiting longer to pay off their debts as long as those borrowers continue to make their monthly payments. The lender loses at least some interest when a borrower pays off a loan in full before the due date.Unexpected inflation hurts lenders because the money they receive in repayment has lower buying power than the money they put out. Unexpected inflation benefits borrowers since the amount they repay is less valuable than the amount they borrowed.Debtors profit the most from inflation since more individuals need to borrow money from them to keep up with rising commodity costs.To learn more about Lenders gain refer to:
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an advantage of franchising, from the franchisors point of view, is that franchising helps a venture grow because the franchisees provide the majority of the capital.a. true b. false
The statement 'an advantage of franchising, from the franchisor's point of view, is that franchising helps a venture grow because the franchisees provide the majority of the capital' is true
A franchisor can be described as a person who has many outlets or franchises of a production. There are many franchises for a single brand and the franchisor can either sell the branches to investors or own them on his own.
A venture can grow if franchises are opened for a brand in locations that attract maximum customers. The majority of the capital for the ventures is produced from franchising and hence this is an advantage of franchising. Thus, the above statement is true.
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defined by miles as ""a requirement of the activities of one subunit that is affected by the activities of other subunits"" is a _________.
A reliance is described by miles as ""a need of the behaviors of one member that is impacted by the operations of other subunits"".
What does a protein subunit do?Amino acid single chains serve as the building blocks for multimeric PROTEINS. The subunits of multimeric proteins might be similar or dissimilar. A protomer is a subunit shape of a bigger assembly made up of one or maybe more monomeric subunits.
What number of subunits makes up a protein?Each component is necessary for both life and RNase P action. Pop8p is the sole acidic protein with just a pI of 4.5, although Pop5p has a pI of 4.5. Of nine protein subunits, most of proteins are very basic at isoelectric points (pI) more than 9.
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which of the following choices is a characteristic of stock options? multiple choice question. employees may exercise their options by paying the strike price to the employer anytime between the vesting and expiration dates. employees must exercise their options on the vesting date regardless of the market price. if the market price is below the strike price, the employee may purchase the stock at fmv and sell it to the company for the option price. employees may purchase the stock on the grant date, but can not sell their shares until the vesting date.
Between the vesting and expiration periods, employees may exercise their options by paying the employer the strike price.
Which of the aforementioned statements best describes a feature of restricted stock?The stock is granted to the employee on the grant date rather than requiring payment from them. Employees who receive restricted stock are subject to tax based on the shares' fair market value as of the grant date (absent an election).
What is the value of stock options?Black-Scholes or comparable valuation methods, which consider the number of years until the option expires, current interest rates, the volatility of the stock price, and the dividend yield of the stock, are commonly used to evaluate the value of the options.
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carducci corporation reported net sales of $3.54 million and beginning total assets of $0.96 million and ending total assets of $1.36 million. the average total asset amount is:
Net sales were recorded by Carducci Corporation. A total asset has an average value of $1.12 million.
By sales, what do you mean?A sale is an agreement between a buyer and a seller where the seller exchanges money for the sale of tangible or intangible products, assets, or services. There are at least two parties involved in a sale. A sale, or a contract involving two or more parties, such as the buyer and seller, can be thought of in larger terms.
What does "sales" signify in business?Sales in general daily operations refer to any exchanges of money or value for the right to possess a good or get a service. Sales in an accountancy context means to an income statement from product sales.
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Seasonality causes comparability problems in ratio analysis. A common solution is to use an average account balance as opposed to an ending account balance.
True/false
Seasonality causes comparability issues in ratio analysis. A common method to use an average account balance against an ending account balance is a True Statement.
Seasonality is a time series feature in which the data undergoes regular and predictable changes that repeat every calendar year. Seasonal refers to any predictable variation or pattern that recurs or repeats over the course of a year.
In an account, the net residual balance is known as the ending balance. It is typically measured as part of the closing process at the conclusion of a reporting period. An account's transaction totals are added up to create an ending balance, which is then multiplied by the initial balance.
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which of the following best describes a company sales force? a company sales force is an organization that supplies sales reps to other companies. a company sales force is composed of people who are employees of the selling company. a company sales force is a team set up to sell products to companies. a company sales force is composed of people both inside and outside the organization. a company sales force is made up of independent agents making cold calls.
Cold-calling independent agents make up a company's sales team. People from within and outside the organization make up a sales force. All of a company's employees who sell its products collectively make up its sales force.
What is consumer sales?
A company's sales force is made up of individuals that work for the selling company. a team of workers whose responsibility it is to market the goods or services of their employer, particularly by calling or visiting current or potential clients create, oversee, and manage a sales staff. Without strict control over the sales force turnover rate, managing a sales team is impossible. Although salespeople may give the buyer some product information, they are frequently less concerned with fostering long-term client connections when conducting consumer sales.
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the potential for risk is higher when considering a foreign market with a politically blank nation. multiple choice question. stable unstable
The potential for risk is higher when considering a foreign market with a politically unstable nation.
What is unstable nation?
Ukraine. They already lost a portion of their country to Russia, Russia is obstructing important ports, and their population is greatly dispersed and in need. There is a lot of corruption, and some individuals want to be more like the rest of Europe while others prefer to be more like Russia. Additionally, they are totally dependent on Russia for their energy needs. Additionally, there is hardly one in Ukraine who genuinely supports the state.
Bosnia is second. Even now, so many years after the conflict, there is still no functioning administration, and the country's divisions are just becoming worse.
Sadly, the UK is probably in third place. No of what kind of agreement is ultimately reached, Brexit is incredibly polarizing. It may cause discontent in Scotland and particularly Northern Ireland.
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if a company uses standard costs to record its inventory in the general ledger, what would the journal entry be for a purchase of direct materials with an unfavorable price variance?
if a company uses standard costs to record its inventory in the general ledger then the journal entry for the purchase of direct materials with an unfavorable price variance would be detailed in this manner:
Materials Dr. (at standard), Direct Materials Price Variance Dr., Accounts Payable Cr.
A ledger is an accounting book or group of books where account transactions are noted. Each account has a beginning or carry-forward balance, as well as the ending or closing balance, and would record each transaction as either a debit or credit in distinct columns.
Simply put, debits (dr) record all of the funds entering an account, whereas credits (cr) record all of the funds leaving an account.
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when walt disney moved their theme park business international, they adapted their parks for each local market in order to create a globally recognized brand. this in an example of which strategy for competing internationally?
The type of segment that's used by Walt Disney theme parks is known as an intermarket segment
Intermarket segmentation refers to shaping sections of purchasers who have comparable necessities and purchasing conduct, despite the fact that they are situated in various nations. It is the most common way of choosing shopper sections across a scope of nations that are focused on with an incorporated brand situating system regardless of geographic or public limits.
Intermarket segmentation empowers a business to make and distinguish target market sections of purchasers that share correspondence despite the fact that the individuals from those target showcases live in various nations or geological areas.
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marcus is the ceo of publicly traded abc corporation and earns a salary of $1,500,000.what is abc's after-tax cost of paying marcus's salary?
The ABC's after-tax cost of paying Marcus's salary is $1290000.
The deduction for the salary of the CEO of a publically traded corporation is limited to $1000000.
The tax rate for corporations is 21%.
after-tax cost =
Salary paid = $1,500,000
(-)Tax deduction = $210000(1000000×21%)
after-tax cost = $1290000.
An employer is a commercial enterprise entity this is owned with the aid of its shareholder(s), who decide on a board of directors to supervise the business enterprise's sports. The organization is liable for the movements and budget of the business – the shareholders aren't. there may be significant proof that limited legal responsibility in tort can also result in immoderate corporate hazard-taking and extra harm by groups to 1/3 of parties.
Shareholders do not normally actively manipulate an organization; shareholders instead opt for or appoint a board of directors to control the enterprise in a fiduciary capability. In most circumstances, a shareholder can also serve as a director or officer of an agency. countries with co-dedication appoint the exercise of workers of a company the right to vote for representatives on the board of administrators in an agency.
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list the five foundations in order. how can they help you make wise choices with your money?
The five foundation to use money are debt, savings, budgeting, taxes, and career.
Describe the purposes of money.Money serves several functions: it is a medium of exchange, a unit of account, a store of value, and a method of postponed payment. Money can be used as a unit of account since it serves as a medium of exchange for buying and selling as well as a value indicator for all commodities and services. This means that money can keep track of how the worth of goods changes over time and across several transactions. Money is a common medium of commerce or accounting unit. Because diverse commodities and services are measured in different units such as meters, litres, and grams, comparing them with a single unit is challenging. Money has provided a common yardstick for measuring all of these various quantities in a single denomination known as price.
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after working for the company for three years, roberto now qualifies to receive an annual bonus if he achieves the performance goals he has been given. this bonus is an example of blank . multiple choice question. a commission merit pay an incentive insurance
After working for the company for three years, Roberto now qualifies to receive an annual bonus if he achieves the performance goals he has been given. This bonus is an example of an incentive.
Incentives, broadly speaking, are any methods of persuading someone to change their behaviour. The fundamental rule of economics and the rules of behaviour highlight that incentives are important because they lead to greater levels of effort and, consequently, higher levels of performance.
There are two types of incentives: intrinsic incentives and extrinsic incentives. People's behaviour is driven by internal motivations. They are frequently more motivated by the work itself or the internal reward during activities than by the outward reward.
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according to the theory of liquidity preference, the interest rate adjusts to balance the supply of, and demand for, loanable funds. a. true b. false
According to the theory of liquidity preference, an increase in the interest rate reduces the quantity of money demanded.
What is accurate about the liquidity preference theory? The notion of liquidity preference holds that when interest rates rise, less money is demanded overall.The movement of the money-demand curve is used to depict this.The demand for money moves to the right as prices rise.It is especially pertinent to interest rates in the near term.A shift in aggregate demand results from an increase in interest rates.The assumption that a higher price level reduces the real worth of consumers' cash holdings is the foundation of the interest-rate impact.According to the Liquidity Preference Theory, investors should demand a higher interest rate or premium for riskier long-term assets because they like cash or other highly liquid investments when all other things are equal.
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a market is competitive if (i) firms have the flexibility to price their own product. (ii) each buyer is small compared to the market. (iii) each seller is small compared to the market. group of answer choices (i) and (ii) only (i) and (iii) only (ii) and (iii) only (i), (ii), and (iii)
Option c is correct. (ii) and (iii) only. A market is competitive if each buyer is small compared to the market and each seller is small compared to the market.
A market is said to be competitive when there are several buyers and sellers, and the impact of each on the market price is minimal. Buyers are prone to switch sellers if a seller raises their pricing. In a competitive market, no single seller can affect the market price. In economics, the term "competitive market" describes a market where there are many buyers and sellers and where no one buyer or seller has a significant impact on the market. Competitive markets have no obstacles to entry, lots of a customers and sellers and homogeneous products.
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25. is an adaptation of the divisional structure whereby various divisions or parts of divisions are grouped together based on some common strategic elements, usually linked to distinct product/market differences. group of answer choices a) the product-team structure b) the strategic business unit (sbu) structure c) the holding company structure d) the ambidextrous organization e) the modular organization
B) The strategic business units (sbu) structure. While a strategic business unit functions independently, it is also an essential component of the business. It communicates its operational status to headquarters.
Grouping activities by geography, such as into Latin American divisions, is known as geographic structuring. Because it allows for flexibility in product offerings and marketing strategies, geographic structuring is especially crucial when tastes and brand responses differ across regions.
A fully functional business unit with its own vision and direction is referred to as a strategic business unit, or SBU. A strategic business unit is an important part of the company, even though it typically operates independently. It reports to the base camp about its functional status.
What is the structure of a strategic business unit (SBU)?Independent operating units that operate independently are part of a strategic business unit structure. Top corporate officials delegate to division owner's responsibilities for business unit strategy and regular operations within the structure.
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which of the following appraisal methods will best help guard against recency error? a. critical incident b. forced-choice method c. graphic rating scales d. mixed-standard scale
Critical incident method will best help guard against recency error.
The critical incident technique, also known as CIT, is a set of steps used to gather firsthand accounts of human behavior that are of vital importance and satisfy meticulously specified requirements. The episodes that result from these observations are then recorded and used to build both general psychological concepts and practical problem-solving strategies.
A key episode is one that contributes to an activity or phenomena, either positively or negatively. Critical occurrences can be obtained in a number of different methods, but often respondents are invited to share a personal experience.
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What are 3 reasons why the government taxes?
Taxes are a necessary part of life, and the government has a variety of reasons for why they are imposed. Here are three of the most important reasons why the government taxes citizens:
1. To Fund Government Programs – The most obvious reason for taxes is to fund government programs. This includes everything from infrastructure upkeep to public education and even social welfare programs like unemployment benefits and subsidies. Without taxes, these programs simply wouldn’t exist, and the government would be unable to provide the services and support that citizens rely on.
2. To Regulate the Economy – Taxes can also be used to help regulate the economy. For example, certain taxes can be used to encourage certain behaviors, such as saving or investing, while other taxes can be used to discourage certain activities, such as smoking or drinking. By using taxes as a tool, the government can ensure that people are making responsible economic decisions, while also raising revenue.
3. To Combat Inequality – Finally, taxes can also be used to help combat inequality. By taxing the wealthy and providing benefits to the less fortunate, the government can help to create a more equitable society. This can help to ensure that everyone has access to the same opportunities and that no one is left behind.
Ultimately, taxes are an important and necessary part of our society. They are used to fund essential government programs, regulate the economy, and combat inequality. Without taxes, our government wouldn’t be able to provide the services and support that citizens rely on, and our economy wouldn’t be able to function properly.
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Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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a major corporation has developed a new factory in a developing country to process toxic waste. how would a member of an environmental justice movement interpret this action?
A principal agency has advanced a brand new manufacturing unit in a growing usa to system poisonous waste.The agency is endangering citizens of a place via way of means of developing a sacrifice zone.
The required details about sacrifice zone is mentioned in below paragraph.
A sacrifice zone or sacrifice place (frequently termed a country wide sacrifice zone or country wide sacrifice place) is a geographic place that has been completely impaired via way of means of heavy environmental changes or monetary disinvestment, frequently through regionally undesirable land use (LULU). These zones maximum normally exist in low-profits and minority communities.Commentators including Chris Hedges, Joe Sacco, and Steve Lerner have argued that company commercial enterprise practices make contributions to generating sacrifice zones. A 2022 file via way of means of the UN highlighted that tens of thousands and thousands of humans globally are in pollutants sacrifice zones, especially in zones used for heavy industry and mining.
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fixed costs are in a natural monopoly, so average total cost as output increases. group of answer choices small; increases nonexistent; decreases large; decreases small; decreases large; increases
Fixed costs are large in a natural monopoly, so the average total cost decreases as output increases.
Any increase or decrease in sales or production quantities has no impact on fixed costs, which are expenses that never change. Because they are not directly involved in the process of creating a good or rendering a service, this is the case. Therefore, fixed costs are viewed as indirect costs.
Fixed costs are those that are not affected by volume. The majority of fixed costs are outlaid that are more time-dependent than they are production- or sales-related. Some examples of fixed costs include rent and leasing fees, salaries, energy bills, insurance, and loan repayments.
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social media company needs money to expand, so it decides to issue stock. the first-time sale of the company's stock directly to the public is called a
When a social media firm needs funds to expand, it decides to sell stock. An initial public offering is the first time a company's shares are sold directly to the public (IPO). Hence, the correct answer is IPO.
What is an initial public offering?An initial public offering (IPO) or stock launch is a public sale in which a company's shares are offered to institutional and, in most cases, individual investors. One or more investment banks often underwrite an IPO, as well as arrange for the shares to be listed on one or more stock exchanges. A privately owned corporation becomes a public company through this procedure, referred to colloquially as floating or going public. Initial public offerings (IPOs) can be used to raise additional equity capital for firms, to monetize the assets of private shareholders such as company founders or private equity investors, and to make current holdings or future capital raising easier to trade by becoming publicly traded.
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Use the following data from Mayonnaise Manufacturing Co. to identify the revenues from sales of finished goods for the year. Manufacturing Finished Goods Raw Materials Ovherhead WIP Inventory Inventory Cost of Goods Sold 10,000 125,000 5,000 80,000 120,000 150,000 150,000 130,000 130,000 150,000 30,000 30,000 45,000 60,000 35,000 110,000 20,000 130,000 O Cannot be determined from the information provided O $150,000 O $150,000 O $130,000 $25,000
The revenue, based on the given data from Mayonnaise Manufacturing Co. on the sales of finished goods, and other things, is A. cannot be determined from the information provided.
How to find revenue ?Revenue is the sum of money that a business receives in return for its products and services, or, in the other direction, the price that a client pays for a business's products or services. On the first line of the income statement, a company's revenue is typically reported as revenue, sales, net sales, or net revenue.
The simplest way to determine revenue is to multiply the total number of units sold by the selling price.
As the number of units sold is not given, and neither is the price, we cannot find the revenue to Mayonnaise Manufacturing Co.. If the gross profit and the cost of goods sold were also available, then revenue could be calculated but they are not either.
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To pay for social insurance programs administered by the social security administration, employers, employees, and the unemployed must contribute.
a. True
b. False
To pay for social insurance programs administered by the social security administration, employers, employees, and the unemployed must contribute is a true statement.
Contributions must be made by employers, employees and the unemployed to pay for social security programs administered by the Social Security Administration. Tax rates may increase annually to provide adequate funding for OASDI programs. Employer and employee are each required to contribute 7.65% to his FICAS. For the self-employed, this amount is typically doubled, or 15.3%.
What is Social insurance ?Generally speaking, the word "social insurance" refers to a mandatory public insurance program that was created to safeguard people against a variety of financial risks (such as losing their income due to illness, old age, or unemployment).
The main purpose of social insurance as a kind of social welfare is to provide protection against the negative impacts of economic uncertainty. The government may provide the insurance, or private insurance firms may pay for it.
The loss of income due to illness, old age, or unemployment is one of the many financial hazards that social insurance, a type of obligatory public insurance, protects against.
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which example demonstrates the simplest mechanism used to integrate subunits? multiple choice question. marcus's company has a formal liaison who acts as a contact between the subunits. margo's company is a multinational firm and has implemented a matrix structure based on geographic area. when marcela has a concern about the marketing division, she contacts the manager of that department.
When marcela has a concern about the marketing division, she contacts the manager of that department. (Option C)
What are the four mechanisms that help to preserve culture?Many different things influence how an organization's culture develops, including the founders' tastes and values, market demands, and the organization's principles' beliefs. Attraction-selection-attrition, new hire onboarding, leadership, and organizational reward systems all play a role in maintaining culture.
What is meant by a marketing division?A marketing division advertises your company and boosts sales of its goods and services. It offers the necessary research to help you pinpoint your target market and other target groups.
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which investment would generally be inappropriate for a 25 year old with a traditional ira invested for his/her retirement?
A substantial and permanent investment in money market mutual funds investment would generally be inappropriate for a 25-year-old with a traditional ira invested for his/her retirement.
An investment is an asset or item received with the aim of generating income or appreciation. Appreciation refers to growth within the fee of an asset through the years. whilst individual purchases a great as funding, the intent isn't always to eat the best however as an alternative to apply it inside the future to create wealth.
investing is an effective way to put your cash to work and doubtlessly build wealth. smart investing may additionally permit your money to outpace inflation and boom in cost. The greater increased ability to invest is primarily because of the strength of compounding and the danger-return tradeoff. funding is an asset that is received with the anticipation of generating a profit or profit or rate appreciation. The advantage derived from the funding is known as a return. chance and returns are without delay proportional (i.e.) the higher the risk, the better the returns.
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