To determine the profit or loss on the sale of the rug, operating expenses were calculated as 35% of the cost price ($2496), which amounted to $873.60. The total cost was then found by adding this amount to the cost price, resulting in $3369.60. Subtracting the total cost from the sale price ($3663.60) revealed that the company made a profit of $294.
The student is asking about calculating profit or loss from a business transaction involving the sale of a rug. The company's operating expenses are given as a percentage of the cost, and the sale price is provided. To determine the profit or loss, we will follow these steps:
Calculate the operating expenses by taking 35% of the cost of the rug. Operating expenses = 35% of $2496 = $873.60.
Add the operating expenses to the cost price to find the total cost. Total cost = cost price + operating expenses = $2496 + $873.60 = $3369.60.
Subtract the total cost from the sale price to find the profit or loss. Profit/Loss = Sale Price - Total Cost = $3663.60 - $3369.60 = $294.
Since the result is positive, the company made a profit of $294 on the sale of the imported rug.
SELECT ALL THAT APPLY
Choose all that are sources of funding for social services in a society
1. income tax collection
2. service fees collection
3. traffic tickets
4. port fees
income tax
traffic tickets
Answer: The correct answer is : income tax collection and service fees collection
Explanation: The income through which the expenditure on social services is financed, is classified, according to the origin in public and private, according to the nature in sales and benefits, social income, contributions of the entity, financial income.
List at least the three types of tax that a company may have to withhold from employees paycheck
Federal Income Tax, Social Security Tax, and Medicare Tax.
Answer:
Social Security Tax, and Medicare Tax, Federal Income Tax.
Explanation:
have an aaaaaaaaaaaaaaaaaaaaawwwwwwwwwwwwwweeeeeeeeeeeeeeeeeeeeeesssssssssssssssssssssssssoooooooooooooooommmmmmmmmmmmmmmmmmmmeeeeeeeeeeeeeeeeeeeeeeeeee day
What are the four conditions of monopolistic competition?
Answer:
many firms
Explanation:
Which of the following is not a condition of monopolistic competition?
slight control over price
high artificial barriers to entry
differentiated products
many firms
The four conditions of monopolistic competition are: many sellers and buyers, differentiated products, freedom of market entry and exit, and independent decision-making.
Explanation:The four conditions of monopolistic competition are:
Many sellers and many buyers: In a monopolistic competition, there are enough sellers and buyers in the market so that no single business has total control or influence over market price.Sellers offering differentiated products: Each seller offers goods or services that are differentiated from others in some way. These differentiations can be in terms of quality, design, location, promotions, etc.Freedom of market entry and exit: Firms are free to enter and exit the market. There are no significant barriers to entry or exit.Independent decision making: Each firm makes its own independent decisions about price, output, and all other factors of production. They predict the consequences of their actions on the basis of their own set circumstances, rather than market expectations.Learn more about Monopolistic Competition here:https://brainly.com/question/34176117
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Which of the following is a benefit of a 529 plan?
Many plans have a low monthly contribution requirement
In the given condition, the benefit of a 529 plan is a change of beneficiaries allowed.
A tax-advantaged account known as a 529 plan can be used to pay for eligible educational expenses, such as apprenticeship programs, K–12, and college tuition.
Saving in a 529 plan may provide tax benefits. No income taxes will be charged on earnings as long as the money remains in the account.
When you withdraw funds to pay for eligible school expenditures, the withdrawals may be federal income tax-free—and, in many situations, state tax-free as well.
Beneficiaries of a 529 plan can be changed by the plan's owner. Contributions are made after tax and are subject to state regulations, which vary by state. Contributions are restricted and differ by state.
Therefore, beneficiaries can be changed in a 529 plan.
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This is an incomplete question, the complete question is:
An uncle would like to invest in his nephew's college education. Which of the following factors is a benefit of a 529 plan?
Why do businesses rely in teamwork in todays business environment
Businesses rely on teamwork in the business environment for a few reasons. One of those reasons are that one mind is better than one. If you have diverse points of view, you can get a more accurate answer. Also, teamwork forces employees to work together and build relationships.
Answer:
Explanation:
Businesses rely in teamwork for a few reasons. For a business to attain growth and success, the diverse skills and efforts of individuals in a team are needed to achieve the overall goals and objectives of the organization. Teamwork creates an environment where employees are motivated to work in harmony and support each other. It creates room for diversity of thoughts, opportunities and perspectives. Individuals are able to brainstorm collectively and share ideas to arrive at more effective solutions. With an effective team in place, tasks are completed faster leading to improved work output and productivity.
If you notice that you have stopped getting mail, you should first a. contact the police to file a report. b. call your creditors to find out where your bills are. c. wait another week before taking action, the post office may be behind. d. identify if a change of address form has been submitted in your name.
If you notice that you have stopped getting mail, you should first identify if a change of address form has been submitted in your name. no need to make a big deal if you don't even know if its been changed or not. hope that help you.
A(n) _____ process is a set of methods and technologies used in the production of a good or service
Answer:
An operation process is a set of methods and technologies used in the production of a good or service
Explanation:
An operation process is similar or sometimes confused for a manufacturing process although both of them are both set of methods and technologies, but manufacturing process produces just Goods while operation process is used to produce both goods and services
Which web based application provides tools to create virtual communities for sharing information
Social media allows people from all over to create a virtual community for sharing information. By creating an online community, it allows people to seek out certain people who are knowledgable in areas they need assistance on and/or gather information that can help them. By having a place where communication is easily attainable it allows everyone involved to gain experience, network and grow by talking with others.
The answer is D social media
How many monthly payments are in a 30 year loan
Alexis is the purchasing manager of a trading firm. She makes purchases worth $10,000 from a manufacturer. She incurs an additional $1, 000 on transporting these goods from the manufacturer to her company’s warehouse. In which account will the company’s accountant enter the transport expenses?
A.
purchase account
B.
freight on purchase account
C.
purchase discount account
D.
sales return account
C. purchase discount account. Hope this helps!!!!!!!!!!!!!!!!!!!
The transport expenses are recorded in the 'Freight on Purchase' account as they are considered part of the total cost of the purchased goods.
Explanation:The additional cost that Alexis incurred for transporting the purchased goods is called 'freight-in' or 'transportation-in' and it is typically recorded in the account named 'Freight on Purchase Account' (Option B). This is because the cost of transportation or freight-in is considered a part of the cost of the purchased goods. It is not treated as a selling expense or an administrative expense. Therefore, the correct account for these transport expenses is not the purchase account, purchase discount account, or sales return account, but the 'Freight on Purchase' account.
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Jake is thinking of buying a house. What's the most important question he should ask himself? Will I be accepted for a loan? How much does it cost to replace a water heater? What type of maintenance will I need to do? Am I financially ready?
it depends
it depends on what jake is thinking of doing first. logically, am i finacially ready should be his first question. if he isnt then his second would be will i be accepted for a loan? after buying the house his wuestion would be, what typr of makntenacne will i need to do, and after like a few months/years living in the house, his question would be how much does it cost to replace a water heater if it broke.
Experts recommend that you don’t wait for sales before buying an item since the item is likely to rise in price during the time you wait.
True or False
That statement is false
Sales would most likely throw up incentives for consumers. This mean that there is a good chance that consumers can obtain more value with the same amount of money. Prices could also fall down depending on the product's initial demand in the market.
Claire enjoys her job because the employees are included in decision making and empowered. However there is a lot of pressure to meet goals and she does not always know who to go to with specific issues. Her company uses the..
A. team structure design
B. Matrix project structure design
C. Boundary-less structure design
D. Learning organization structure design
2. Rhonda is a project manager for architecture firm. Her company has many specialist from different functional departments to work on one or more projects being led by project managers. The employees are flexible and decisions can be made quickly, but they are often conflicts between employees. The firm u Rhonda is a project manager for architecture firm. Her company has many specialist from different functional departments to work on one or more projects being led by project managers. The employees are flexible and decisions can be made quickly, but they are often conflicts between employees. The firm utilizes..
A. Team structure design
B. Matrix project structure design
C. Boundary-less structure design
D. Learning organization structure design
4. Darren manages an insurance company. His employees are very knowledgeable. He believes the company will improve as employees share their expertise with one another. Sometimes, he has to work hard to get the employees to open up. Darren‘s company uses the
A. team structure design
B. Matrix project structure design
C. Boundary-less structure design
D. Learning organization structure design
5. Datacom’s customer service center is highly specialized and can efficiently provide training because the employees work in different departments where they all have similar jobs. However, the specialists become isolated from the rest of the organization and can lose sight of what is best for the company overall. This is an example of
Datacom‘s customer service center is highly specialized and can efficiently provide training because the employees work in different departments where they all have similar jobs. However, the specialists become isolated from the rest of the organization and can lose sight of what is best for the company overall. This is an example of
A. simple structure
B. functional structure
C. divisional structure
D. formal structure
6. A manager from a different department reprimanded Anna for having a messy work area. She was upset and offended, because she believes only her direct boss can provide her direction. This is an example of
A. authority
B. responsibility
C. unity of command
D. formality
7. Ginger works for an innovative marketing firm it is very flexible and many employees work from home. Because there is so much freedom, communication can be difficult. This is an example of
A. team structure design
B. matrix project structure design
C. boundary-less structure design
D. Learning organization structure design
Claire enjoys her job because the employees are included in decision making and empowered. However there is a lot of pressure to meet goals and she does not always know who to go to with specific issues. Her company uses the..
C. Boundary-less structure design
Because there is no proper authorisation and specific tasks are not assigned to specific persons.
2. Rhonda is a project manager for architecture firm. Her company has many specialist from different functional departments to work on one or more projects being led by project managers. The employees are flexible and decisions can be made quickly, but they are often conflicts between employees. The firm u Rhonda is a project manager for architecture firm. Her company has many specialist from different functional departments to work on one or more projects being led by project managers. The employees are flexible and decisions can be made quickly, but they are often conflicts between employees. The firm utilizes..
A. Team structure design
Since there are different managers assigned for different projects and employees are shuffled among the teams which lead to conflicts subsequently.
Darren manages an insurance company. His employees are very knowledgeable. He believes the company will improve as employees share their expertise with one another. Sometimes, he has to work hard to get the employees to open up. Darren‘s company uses the
D. Learning organization structure design
Since he requires employees to share their knowledge among each other.
Datacom‘s customer service center is highly specialized and can efficiently provide training because the employees work in different departments where they all have similar jobs. However, the specialists become isolated from the rest of the organization and can lose sight of what is best for the company overall. This is an example of
B. functional structure
Since there are specialists for each function.
6. A manager from a different department reprimanded Anna for having a messy work area. She was upset and offended, because she believes only her direct boss can provide her direction. This is an example of
D. formality
7. Ginger works for an innovative marketing firm it is very flexible and many employees work from home. Because there is so much freedom, communication can be difficult. This is an example of
C. boundary-less structure design
Julietta is wrong.. .................but keep looking for the answers guys
when selecting a savings account, you should look at the following factors except ____?
A. Annual percentage yield
B. fees
C. minimum balance
D. interest thresholds
E. taxes paid on the interest
F. variable interest rates
Hello!
When selecting a savings account you should consider all of the following factors:
Annual Percentage YieldFeesMinimum BalanceInterest ThresholdsVariable InterestsMeaning that to solve your question, you should not use taxes paid on interest to consider!
Answer:
E
Explanation:
You should not use taxes paid on interest to consider in this case!
Which of the following do web browsers offer?
URLs to find resources on the Internet
Opera
Rendering of web pages
Internet Explorer
Toolbar
Google Chrome
Safari
Firefox
Web browsers offer rendering of web pages, URLs to find resources on the Internet, and a toolbar.
Web browsers offer several features including rendering web pages, providing URLs to find resources on the Internet, and the toolbar.
Rendering web pages is the process of displaying the content of a web page on a user's screen. This includes interpreting HTML and CSS code to present text, images, and other media.
The toolbar is a user interface element that contains various functions and features of the web browser, such as navigation buttons, search bar, and bookmarks.
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Web browsers offer functionalities such as accessing resources on the internet through URLs, rendering of web pages, and a user interface inclusive of features like a toolbar. Examples of web browsers include GΘogle Chrome, Firefox, Safari, Internet Explorer, and Opera.
Explanation:Web browsers offer a wide variety of functionalities for users. First, they offer the capability to access resources on the internet through URLs. Secondly, they are responsible for the rendering of web pages. This means that they take the code from a website and translate it into the text, images, and other features you see on a page.
In addition, web browsers often offer an interface with features like a toolbar for easy navigation. Examples of web browsers include GΘogle Chrome, Firefox, Safari, Internet Explorer, and Opera.
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Which activity is the fourth step in the decision-making process of solving a workplace problem?
A.
choosing an alternative
B.
evaluating the consequences
C.
implementing the solution
D.
generating alternatives
Which activity is the fourth step in the decision-making process of solving a workplace problem? C. Implement the solution
The first step is is to identify the goal, then gather the information and generate alternatives, evaluate the consequences, implement the solution
When you implement the solution you are deciding the best choice after considering the alternatives and putting the plan into action.
The fourth step in the decision-making process of solving a workplace problem is evaluating the consequences of the generated alternatives, which involves analyzing them to determine the most effective solution.
Explanation:The fourth step in the decision-making process of solving a workplace problem, based on the provided information, would likely be evaluating the alternatives that have been generated. In the decision-making process, one should brainstorm to formulate a variety of potential solutions. Once these potential solutions have been brainstormed, they need to be assessed in terms of how well they meet the set criteria and constraints of the problem, which would include a cost/benefit analysis to weigh the marginal costs and marginal benefits.
Therefore, the correct answer to the student's question "Which activity is the fourth step in the decision-making process of solving a workplace problem?" would be B. evaluating the consequences. This involves taking the generated alternatives and analyzing them to determine which solution is the most effective and efficient, in accordance with the assessed needs and constraints. Implementing the chosen solution would follow this evaluation step.
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Please any help on this question
A general store in a remote community is an example of what? A. a technological monopoly B. a geographic monopoly C. a government monopoly D. a natural monopoly
A general store in a remote community is an example of a geographic monopoly.
A general store in a remote community represents a geographic monopoly because it is the only supplier of goods in that area, often due to the impracticality of competition operating in the same location.
Explanation:A general store in a remote community is an example of a geographic monopoly. This occurs when a company is the only supplier of a product or service in a certain geographic area. In the case of a remote general store, it may be the only place where residents can conveniently purchase a wide array of goods. This situation often happens in remote areas because the costs and practicalities of operating such a business deter competition.
A natural monopoly differs in that it occurs when a single firm can supply a product or service to an entire market at a lower cost than two or more firms could. For example, a utility company providing water or electricity may be considered a natural monopoly because the infrastructure costs for entry are very high, making it inefficient for multiple companies to operate. However, in the scenario of the general store, it's the lack of competition due to geographic isolation that creates the monopoly, not necessarily the economies of scale.
Which of the following is a transportation job?
A- Forest and conservation worker
B- Events planner
C- Air traffic controller
D- Industrial engineer
Answer:C
Explanation:
Air traffic controller of the following is a transportation job. The correct option is C. Air traffic controllers coordinate aircraft movements to keep safe distances between them. Their primary concern is safety, but they must also efficiently direct aircraft to avoid delays.
Why did you choose logistics as a career?A career in logistics will allow you to gain international business skills and experience, as well as gain an understanding of foreign markets and expand your network. With this knowledge, you will be able to enter various international sectors and be a valuable asset to the organization.
Transportation is a vital link in the supply chain. Transportation connects each step of the process because raw materials are moved from dealers or where they are purchased, to the manufacturing facility, and finally to the end customer.
Thus, the ideal selection is option C.
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Why should you consider writing a “new” resume & cover letter for each job you’re applying to?
If you had a stellar resume that highlighted all of your qualifications for the position, you might have been hired. However, if you later felt the position wasn't appropriate for you, you might have quit.
What is a resume?A succinct written summary of your training, credentials, and prior employment that you provide to an employer when you're looking for work.
You might use your prior employment as justification for hiring you in addition to having the chance to adapt and learn new abilities. Rewriting your CV may also help you get experience in reporting your accomplishments to potential employers.
The submitted resumes might be kept on the company's website. When a different prospective employer looks at your resume and notices that it is identical to one at the other company, they may conclude that simply did never put forth the effort to develop a unique one for them. subsequently, they might infer that you won't give your all when performing with them.
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A market economy is regulated by the interactions between which two things? A. Goods and services B. Producers and consumers C. Product-based and service-based businesses D. Public and private sectors Please select the best answer from the choices provided
B. producers and consumers
From all the available options, the best answer to the question is (B) producers and consumers.
A market economy is defined as an economic system that runs on supply from the producers and demand from the consumers. Most of the world’s market are run based on this system. Market economies can range from totally free market to a position where government can intervene.
When tailoring a résumé, what is the first step that should take place? a. Arrange your résumé with the most relevant information first b. Match your qualifications with the employers c. Explain how your relevant content relates to the job specifics of the position in question d. Make sure to change the position and company name in the objective.
Answer: d. Make sure to change the position and company name in the objective.
Setting the job objective is the first step of any resume.
The manner in which the objective of a resume is framed conveys a lot of information to the prospective employer.
A well defined objective must use industry vocabulary, demonstrate research into the job or position that is being applied for and reflect the incumbent's abilities and interests.
Hence it is imperative to change the position and company name in the resume's objective while tailoring a resume.
Answer:
d
Explanation:
4. Why are businesses reducing the number of management levels?
Because of the cost to manage.
Businesses are reducing management levels to combat communication complexity and diseconomies of scale associated with tall structures.
Businesses are reducing the number of management levels to address challenges associated with complex hierarchical structures. Larger organizations with many levels of management face issues of communication complexity and diseconomies of scale as information overload can prevent important messages from reaching the right person promptly. Moreover, extensive layers of management increase the firm's complexity, potentially leading to inefficiencies.
Adoption of flatter organization structures can lead to more direct communication and efficient feedback loops, as evident in Company X's flat organizational structure. This approach enhances employee self-actualization and job involvement, though it may also lead to greater role ambiguity and a reduction in close supervision or guidance from managers. Globalization is prompting a reevaluation of traditional management paradigms, moving towards structures that balance global scale and process efficiency.
A national health care plan would also control the wildly escalating cost of prescription drugs. This would particularly benefit the elderly who mostly live on fixed income. Even though the cost of their drugs keeps on going up, their incomes stay the same. How can they be expected to afford the drugs they need? The sad truth is that many people have to make a choice between buying groceries and buying medicine. Put yourself in their position. Which would you choose?
Read the excerpt from a persuasive essay,
"Human Care: A Human Right."
Which rhetorical element is strongly evident in this excerpt?
A.
pathos
B.
ethos
C.
logos
Pathos. The author is trying to connect and persuade the audience through an emotional truth and reality.
The rhetorical element strongly evident in the excerpt is Pathos, which is an emotional appeal. The author uses specific scenarios and asks the reader to empathize with the subject, using emotional language to argue for a national health care plan.
Explanation:The rhetorical element that is most strongly evident in the excerpt from 'Human Care: A Human Right' is Pathos. The author uses specific scenarios, such as the choice between buying groceries and medicine, to elicit feelings of empathy and concern from the reader. This use of emotional appeal is a method to sway the reader's opinion in the favor of the author's viewpoint, which in this case, is the necessity of a national health care plan.
Unlike Ethos, which involves establishing credibility, and Logos, which uses logical arguments and facts, Pathos appeals to the readers' feelings and personal experiences. The author's use of language is designed to strike an emotional chord with the audience, particularly when the author asks the reader to 'put yourself in their position', emphasizing the seriousness of the issue at hand.
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Students must respond to a prompt and construct an essay in the aspire _ test.
Students must respond to a prompt and construct an essay in the Aspire writing test. On the Apsire writing test, is a test that colleges use to see where students are at with knowledge in specific areas. During the writing portion of the test, students are given a prompt and have a set amount of time to create an essay on the topic chosen for them.
Students must respond to a prompt and construct an essay in the aspire writing test.
What is a test?A test is a detailed inspection, observation, and assessment of something's quality, effectiveness, or trustworthiness, particularly prior to its widespread usage.
The Aspire test can assist you in making your next decision. Where you require assistance and possibly where you require challenge. You can use this information to make goals and arrange your study.
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what was a result of the Mexican-American War
Answer:
The result of the Mexican- Ameriacan war was American victory Treaty of Guadalupe Hidalgo Mexican recognition of U.S. sovereignty over Texas (among other territories)
Explanation:
6-The founder and former CEO of Jones Soda, Peter van Stolk, claimed that sharing the core values of your loyal customer base is just good for business. If you wanted to integrate this business philosophy into your own company, you would study _______.
A.
indirect regulation
B.
indirect regulation
C.
ethical judgment making
D.
collusion
E.
insider trading
To integrate Peter van Stolk's business philosophy into your company, it's essential to study and understand your customer base's ethical decision-making, thus aligning with their core values.
Explanation:To incorporate the business philosophy put forward by Peter van Stolk, the founder and former CEO of Jones Soda, into your own company, you would need to study and understand the C. ethical judgment making of your consumer base. This involves assessing the moral, social, and environmental values and beliefs of your loyal customers, and aligning your business practices with those values. For instance, if your customers value sustainability, you might opt for eco-friendly packaging, or if they emphasize fair trade, you might make sure to source your ingredients from fair-trade suppliers.
Sharing the core values of your loyal customer base can help build brand loyalty and generate positive word-of-mouth recommendations, which are both key for business growth. It's not just good business practice - it's good ethics too.
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which of the following is a good person to talk to about the type of education you should pursue based on your desired career path?
A. A psychologist
B. A social worker
C. Your school guidance counselor
D. Your best friend
(Apex)
C. Your schools guidance counselor
Jimmy's Peanut Farm wants to increase the quantity of peanuts that it sells by 1 percent. The price elasticity of demand for peanuts sold by Jimmy's Peanut Farm is 0.4. What is the percentage price cut that will achieve the firm's objective? The percentage price cut is _ nothing percent.
Answer: Jimmy's Peanut Farm has to decrease its prices by 2.5% in order to achieve a 1% increase in the quantity of peanuts it sells.
Jimmy's Peanut Farm can increase the quantity sold by 1% only when the demand for peanuts increases. Demand for peanuts will increase only when the price of peanuts decrease. The Price Elasticity of Demand measures the responsiveness of demand to a percentage change in price.
The formula for Price Elasticity of Demand (PED) is given by the formula:
[tex]\mathbf{PED = \frac{percentage change in quantity}{percentage change in price}}[/tex]
We have:
Percentage increase in quantity 1% or 0.01
Price Elasticity of Demand (PED) 0.40
Re-arranging the PED formula above we get,
[tex]\mathbf{percentage change in price}= \frac{percentage change in quantity}{PED} *100}[/tex]
Substituting the values in the equation above we get,
[tex]{percentage change in price} = \frac{0.01}{0.4}*100 =2.5[/tex]
To achieve a 1% increase in peanut sales, Jimmy's Peanut Farm must reduce prices by 2.5%, based on the price elasticity of demand being 0.4.
Explanation:The question asks how much Jimmy's Peanut Farm should decrease its prices in order to achieve a 1% increase in the quantity of peanuts sold, with a price elasticity of demand for peanuts being 0.4. To find the necessary percentage price cut, we'll use the formula which involves the price elasticity of demand: percentage change in quantity demanded = (price elasticity of demand) × (percentage change in price).
Here, we want a 1% increase in quantity, so we set percentage change in quantity demanded to 1%, and the price elasticity of demand is 0.4. Rearranging the formula to solve for the percentage change in price gives: percentage change in price = percentage change in quantity demanded / price elasticity of demand = 1% / 0.4 = 2.5%. Therefore, Jimmy's Peanut Farm needs to cut prices by 2.5% to achieve a 1% increase in the quantity of peanuts sold.
All of the following are benefits of being a member of a professional organization, except A. providing a wide range of continuing education units. B. publishing newsletters and magazines dealing with current issues and trends in healthcare. C. providing tuition reimbursement. D. providing certificate examinations at discounted rate.
The answer is D. providing certificate examinations at discounted rate.
The benefits of being a member of a professional organization in healthcare include continuing education units, newsletters on current issues and trends, and discounted certificate examinations.
Explanation:The correct answer is C. providing tuition reimbursement. Being a member of a professional organization in the healthcare field offers many benefits, including access to a wide range of continuing education units that help professionals stay up to date with the latest advancements in their field.
These organizations also publish newsletters and magazines that cover current issues and trends in healthcare, providing valuable insights and information. Additionally, professional organizations often offer discounted rates for certificate examinations, allowing members to save money.
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