Answer: 1,2,&4
Explanation:
A Small Business Entrepreneurship class I took explains that entrepreneurs all have a driving force for success, look for independence in work, and aim for financial and job security.
People primarily become entrepreneurs due to a need for independence and success. Independence provides the control they desire over their own work and income, while success offers personal satisfaction. Pursuing job security or liking their current job are typically not reasons for people to become entrepreneurs because entrepreneurship often involves certain risks.
Explanation:People choose to become entrepreneurs for various reasons. Primarily, one common reason would be the need for independence. Some individuals prefer to take ownership of their careers, and entrepreneurship allows for this independence. They do not want to be tied to a regular 9-5 job; instead, they desire control over their work and income.
Another reason is the need for success. Many entrepreneurs are driven by the achievement of building their enterprises and the success that comes with it. They find personal satisfaction and accomplishment from their entrepreneurial activities.
However, liking their current job or pursuing job security are usually not reasons people become entrepreneurs. Entrepreneurship often involves risks and uncertainty, it is far from a guarantee of job security. In fact, the risk of failure is one of the aspects that an entrepreneur needs to accept on this path.
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What is the adjusting journal entry to update the Prepaid Insurance account?
A) Debit Insurance Expense
Credit Prepaid Insurance
B) Debit Prepaid insurance
Credit Insurance Expense
C) Debit prepaid Insurance
Credit Income Summary
D) Debit Income Summary
Credit Prepaid Insurance
Answer:
the correct journal entry to be recorded when the prepaid insurance payment is realized is,
A) Debit Insurance Expense
Credit Prepaid Insurance
Explanation:
prepaid insurance is an asset to the company, which means that we have paid in advance. because of this, when we pay it in advance, the entry will be
"prepaid insurance debit
money/bank credit"
this asset was created because the payment we made for the insurance does not belong to this accounting time period and it belongs to the next accounting period. matching concept is the underlying concept behind this.
once we reach the next time period, the prepaid expense becomes a actual cost and the asset is decreased.
The correct adjusting journal entry to update the Prepaid Insurance account is to debit Insurance Expense and credit Prepaid Insurance, reflecting the usage of the insurance over the period.
Explanation:The correct adjusting journal entry to update the Prepaid Insurance account is:
A) Debit Insurance Expense
Credit Prepaid Insurance
This entry reflects the amount of insurance that has expired during a specific accounting period. By debiting Insurance Expense, you are increasing the expense on the income statement for the amount of insurance that has been used up. By crediting Prepaid Insurance, you decrease the asset on the balance sheet, showing that less prepaid insurance is now available as it has been utilized.
The adjusting journal entry to update the Prepaid Insurance account would be:
A) Debit Insurance Expense, Credit Prepaid Insurance
When insurance is prepaid, it is initially recorded as an asset (Prepaid Insurance) on the balance sheet. As time passes and the insurance coverage is used up, it needs to be recognized as an expense (Insurance Expense) on the income statement. The adjusting journal entry reduces the Prepaid Insurance asset and increases the Insurance Expense, reflecting the portion of insurance that has been used during the accounting period.
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What happens to the price and the number of goods and services sold when a store runs a sale? How do these factors relate to the downward -sloping curve?
Answer:
Price decreases and demand increases
Explanation:
After achieving a required profit, stores usually start to sell their products on sale. A sale is an opportunity for the buyers to buy goods and services at low prices. Price and demand have an inverse relationship, that is why, on sale, the price decreases and moves the point down, whereas, the increase in the demand moves the point up.
1. How do you know if someone has a heart of a teacher?
You'll see it in their passion
They'll have good reviews
You'll learn from them
They will be the most expensive
Answer:
Youll learn from them
Explanation: I mean i think all teacher suk and are evil old bats but since this question is teacher kids to be fake ima go with the simpliest one which is youll learn from them which is what a teacher is suppose to do.
We can know if someone has a heart of a teacher when you'll learn from them. The correct option is c.
Who is a teacher?A teacher, also called a schoolteacher or formally an educator, is a person who helps students to acquire knowledge, competence, or virtue, via the practice of teaching.
Informally the role of teacher may be taken on by anyone. In some countries, teaching young people of school age may be carried out in an informal setting, such as within the family, rather than in a formal setting such as a school or college. Some other professions may involve a significant amount of teaching. In most countries, the formal teaching of students is usually carried out by paid professional teachers.
This article focuses on those who are employed, as their main role, to teach others in a formal education context, such as at a school or other place of initial formal education or training.
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James overspent and will need to spend the next six months paying off his credit card bill. This money was supposed to have gone into his investment account, which earns 10 percent annually. What type of cost is this 10 percent? A. opportunity cost B. sunk cost C. variable cost D. credit cost
Answer: Sunk cost
Explanation:
Sunk cost is a cost that is incurred by an entity, which can not be recover. When making the decision on whether to continue investing in a project which is ongoing, the sunk costs should not be considered since these type of costs can't be recovered.
Sunk costs cannot be recovered or refunded. The 10 percent discussed in the question is a sunk cost as it can't be recovered.
Answer:
James overspent and will need to spend the next six months paying off his credit card bill. This money was supposed to have gone into his investment account, which earns 10 percent annually. What type of cost is this 10 percent?
A.
opportunity cost
B.
sunk cost
C.
variable cost
D.
credit cost
Explanation:
#Platofam
Which of the following occurs when the original offer is not accepted and a new offer is returned in place of the original offer?
Replacement offer
Acceptance
Counter offer
Consideration
A new offer made in response to and replacing an original offer not accepted is known as a counter offer. A counter offer introduces new terms for negotiation, effectively rejecting the initial proposal.
When the original offer is not accepted and a new offer is put forward in its place, this is known as a counter offer. A counter offer effectively rejects the original offer and proposes new terms for an agreement. For instance, if the seller knows the buyer's valuation of the good, they might make an offer based on this information. If the buyer does not accept this offer and suggests another price or set of terms, they are making a counter offer. This process is a part of negotiation in contract law until both parties reach a mutual agreement.
Define Bhutanese company with an example
Answer:
I'll use the profile of Mountain Hazelnuts Group.
This company was initially founded in 2008. They operated in food industry, specifically Hazelnut which is one of the resource that can be easily found in Bhutan.
Their business model is focused on the export. So, they do not necessarily manufacture their nuts into a consumable goods. They get most of their income by packaging the hazelnuts and exporting it to another countries for further production.
Ever since its establishment, this company has advocated for empowerment of women in the workplace. They strive put equal representative between men and women in leadership positions, which is even more rare in Himalayan region compared to western nations.
Currently, this company directly employed more 600 people. This is huge considering that the total population in Bhutan is only around 700,000 people.
A Bhutanese company is a business operating in Bhutan's culture and economy, mainly involved in agriculture, forestry, and increasingly, tourism. An example is a tour company following the Gross National Happiness principle. Despite modernization, Bhutan carefully manages development to conserve its environment and heritage.
Explanation:A Bhutanese company can be defined as a business entity that operates within the unique economic and cultural landscape of Bhutan. For example, a company engaged in tourism, which is tailored towards a specific type of traveler that meets strict requirements and regulations to protect Bhutan's environment and heritage, can be a good example. Bhutan, with its economy largely based on agriculture and forestry, has limited industrialization. The country maintains strong ties with India for development assistance and trade.
One such company might be a tour operator organizing cultural and ecological tours in the Himalayan landscape, following the principles of Gross National Happiness (GNH), thereby contributing to the country's economy while also preserving its unique cultural identity and natural environment.
In addition to tourism, Bhutan is modernizing with the introduction of technologies such as the Internet and mobile networks, aligning with the global economy while also safeguarding its environmental policies. These steps are part of broader efforts by the government, including the adoption of democratic elections and maintaining traditional customs like arranged marriages and the right to inheritance for women.
A customer paying $100 for a service with a credit card would be a debit to which account?
Cash
Service revenue
Accounts payable
Accounts receivable
Answer:
Accounts receivable
Explanation:
The $100 is a debit from the credit card of the customer and would be debited to accounts receivable.
Account receivable is basically the money owed to a seller by the buyer and they are created by the company when the credit purchase is made.
The company will receive their $100 owed to them from accounts receivable because it shows on the balance sheet the amount owed the company and can be retrieved on short term basis.
Answer:
Answer is Accounts receivable.
Explanation:
A customer paying $100 for a service with a credit card will be a debit to Accounts receivable.
30. Server virtualization involves:
Answer:
Partitioning a physical server into smaller virtual servers.
Explanation:
Basically, rather than having a physical hardware within the company to store information, server virtualization allow companies to store that information on a hosted offsite server
By doing this, company can obtain several benefits, such as:
- the companies could reduce cost by using less hardware.
- The company could recover data faster in case there is some sort of disaster that destroyed their office
- The server can be set up faster compared to physical server
If you wanted to make sure a company has enough money available to pay ts
helpful?
A, Balance sheet
B. Income statement
C. Statement of owners' equity
D. Cash flow statement
Please select the best answer from the choices provided
Answer:
D
Explanation:
The cash flow statement, as the name implies, report the use of company's real cash use in three area: investing, operating and financing activities as well as cash available at the beginning of the period and the end of the period as the result of three activities mentioned above.
5. What is the purpose of a consumer cooperative?
a. to obtain lower prices for members
b. to work to improve the image of its members
c. to save income taxes for members
d. to sell goods and services produced by members
Discuss the impact of women
leadership at the workplace
Explanation:
Over the years the women workforce has increased which has increased their economic independence. Gender diversity at workplace is possible with women in leadership. When there is diversity in workforce it will bring inclusive culture in the organisation.
Opportunity and fairness will increase at the workplace. It increases the productivity at the workplace when women are provided with an opportunity. The employee burnouts also decreases when there is equality. They have better soft skills and problem solving skills which increases the efficiency at workplace.
Kenyi is writing a research paper comparing health care in the United States and Canada. What type of resource will most
likely help him find information about the current quality of health care in Canada?
A O a website run by the Canadian government's ministry of health
B O an encyclopedia entry about the history of health care in Canada
C O a blog post explaining how health care is funded by the US government
D O a fact sheet from the US government explaining how to sign up for health care
Please help me ASAP
These resources will be helpful:
A O a website run by the Canadian government's ministry of health
Explanation:
Out of all the given resources the website run by the Canadian government will be the most useful and accurate to know about the official programmed run by the government in terms of healthcare.
This is because the government is directly responsible for these things in the nation of Canada so they have a reason to put up accurate information regarding that.
This is the reason that the website must be preferred over other resources.
PLEASE HELP TO ADD THE MISSING BOX
Price skimming is suitable for products that have ???????? life cycles or which will face competition at some point in the future
Answer: Price skimming is suitable for products that have short life cycles.
Explanation:
Price skimming is a scenario where products are sold at very high prices to take the cream of the market and achieve break even. In the later stages the prices are reduced and the market is open for wider targets. The target customers are usually the early adopters. Most of electronic goods follow this type of pricing to take out the cost invested for their research purpose.
Only products which have short life cycle can have this type of pricing as the competition increases in the future. Or the replica of the products starts appearing in the market in later stages.
Which type of listening takes place when the listener tries to discern the deeper meaning of a speaker’s words?
_____listening takes place when the listener tries to discern the deeper meaning of a speaker’s words.
A.)Active
B.)efficient
C.)intuitive
D.)patient
Answer:
A.) Active
Explanation:
Active listening is the type that occurs when a listener discerns the deeper meaning of a speaker's words, involving focused and concentrated attention. Hence, correct option A.
The type of listening that takes place when the listener tries to discern the deeper meaning of a speaker's words is known as active listening. This form of listening is characterized by active, focused, concentrated attention for the purpose of understanding the meanings expressed by a speaker. It is a purposeful and focused effort that requires motivation and is considered at its best when it achieves a clear understanding of the speaker's message. Strategies to promote active listening include paying attention to the speaker's behavior and body language to develop a more accurate understanding of the message.
Sinclair purchased the following gifts: A $30 bracelet for her client Mrs. Jones. Sinclair paid $5 to have it gift-wrapped. A $300 watch for her employee Jaimison for his 20 years of service with the firm. She paid $15 to have it gift-wrapped. Ten mouse pads with the firm name and logo. Each mouse pad cost $3. Ten calendars with the firm name and logo. Each calendar cost $5. What is the amount of Sinclair’s business gift deduction?
Answer:
$430
Explanation:
Add up all of the costs
Help
If a business is ready to deal with competition, then the ___
risk has been avoided.
compliance
financial
operational
strategic
Answer:
financial
Explanation:
Answer:
Strategic
Explanation:
that's what it is. 4sure
Whether or not the product will be sold online is part of which function?
O price
O product
O promotion
O place
Answer:
Place
Explanation:
Where a product is sold has to do with the distribution of a product. Therefore this falls under place in the marketing mix
In the job performance formula Performance=M+A+E, what does M stand for?
Answer: Motivation
Explanation:
In the job performance formula M stands for motivation, A for Ability and skills E for Environmental obstacles. When the company's performance is stable over time because of the employee's performance then the employee's will be rewarded with huge incentives.
This model where Performance=M+A+E it denotes that the compensation benefits does not change the employee behavior towards his performance . Only these three factors determine his performance behavior. When these three factors are not met in enough then it reflects in inefficient performance of the employee.
Final answer:
In the job performance equation, M stands for motivation, which is a key component that affects an individual's job performance in the workplace.
Explanation:
In the job performance formula Performance = M + A + E, the letter M stands for motivation. This model suggests that an individual's job performance is a function of their motivation, ability (A), and the environment (E) in which they work. In many organizations, job performance is crucial as it influences promotion, pay raises, responsibilities, and job security. Therefore, a person's motivation, which includes their willingness and drive to work, is a significant component that can impact their efficiency and effectiveness in their role.
What are the steps to using a database template? Use the drop-down menus to complete them.
Click the File tab, and click .
new
options
open
save
2. Choose a template category, and click a template.
3. Specify a name and for the database.
entity
location
field
style
4. Click to begin working.
create
OK
enter
set up
Answer:
1) New 2) Location 3) Create
Explanation:
Edg 2020
The steps to using a database template are as follows respectively; 1)New 3) Location 4) Create.
What are the steps to using a database template?In a bid to use database templates, the following steps are ordered accordingly.
Click the File tab, and click New.Choose a template category, and click a template.Specify a name and location for the database.Click Create to begin working.Read more on database template;
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Can someone please help me
Select an example of an internal source that you could seek input from to develop and refine new ideas and approaches
A Peak bodies
B Other organisations/businesses
C Colleagues
D Associations
Answer: Option C
Explanation:
The internal source in an organisation are the colleagues where numerous ideas can be generated through brain storming. Colleagues provide innovative ideas which also gives them the opportunity to do creative thinking. This also a quick way of generating the ideas and approaches. High performing employees have more knowledge on approaches.
Peak bodies, associations and other organisations are the external source for generating ideas. They do not form a part of the organisation. Generating ideas from external sources is a time consuming process.
Which of the following best explains why a bondholder is similar to a bank?
O
A. Bondholders keep some of their assets in reserve just as banks
do.
O
B. Bondholders loan money to bond issuers just as banks loan
money to customers.
O
C. Bondholders take deposits and issue withdrawals just as banks
do.
O
D. Bondholders determine the risk level of bonds just as banks
determine the risk level of loans.
Answer:
B
Explanation:
BONDHOLDERS LOAN MONEY TO BOND ISSUERS JUST AS BANKS LOAN MONEY TO COSTUMERS.
The statement, ''Bondholders loan money to bond issuers just as banks loan money to customers.'', is the one that can be identified as the one that best explains why a bondholder is similar to a bank. Therefore, the option B holds true.
What is the significance of a bondholder?A bondholder can be referred to or considered as a person who is holding a bond certificate under his or her name that entitles the person to receive a fixed and predetermined rate of interest from the issuer of the bond at regular intervals.
The actual earning model of a commercial bank is similar in many senses to that of a bondholder. This is because both of them earn interest as their fixed source of income for the purpose of lending money for a particular period of time.
Therefore, the option B holds true and states regarding the significance of a bondholder.
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The typical measurement of hotel demand is the room night (RN). When we say that each room night is perishable , we mean that once each room goes unoccupied/unsold for any night, it cannot be "stored away" and then sold on another date.
Answer:
true
Explanation:
Services are different than products because they:
products can be stored for future use while services perish immediately after being performed or if they are not consumed, e.g. unsold spaces in a theater cannot be stored for later use ⇒ Perishabilityproducts are tangible, while services cannot be measured, weighted, etc. ⇒ Intangibilityproducts can be mass produced and can be homogeneous, while services are unique because every time they are consumed, the experience varies depending on the conditions and circumstances that surround it ⇒ HeterogeneityYou can own and transfer the title of a product, while you cannot transfer the title of services, e.g. you rent the room of a hotel for a night but that doesn't make you owner of the room ⇒ OwnershipProducts are independent and separate from the people or machines that produce them, while services cannot be separated from the people or things that provide them ⇒ Inseparability
If a country's GDP is $10 billion and its population is 250,000, what is
its per capita GDP?
Answer:
4000
Explanation:
If a country's GDP is $10 billion and its population is 250,000. It's per capita GDP 40, 000.
What is population?
The term population refers to the number of the people is too countable. The population of the global, country, state, city, village, or town and the area is to calculate. The population are the similar to each variable. The population part is the sample. The population are to calculate are helpful to the researcher.
The term GDP refers to the Gross domestic product. The population of the country.
Determine the per capita GDP:
Given the amount are:
The country's GDP is $10 billion (10, 000, 000, 000)
The population is 250,000
Per capita GDP = ?
Per capita GDP = country's GDP divided by population.
Per capita GDP = [tex]\frac{10, 000, 000, 000 }{250,000}[/tex]
Per capita GDP = 40, 000
Therefore, 40,000 is Per capita GDP.
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many young people must do which of the following in order to acquire job training?
A. assume some student debt
B. just let things happen
C. choose a different career
D. read books about their chosen job
Answer: A, Assume some student debt
Explanation: Took test
An attending, formerly withdrawn, or graduated student who owes money to a lending institution or financial institution is said to have student debt. Thus option A is correct.
What is student debt?
A loan that was previously taken out but cannot now be repaid because of financial instability is referred to as student debt. These funds can be due from former or present students.
Debt repayment may be difficult for students who drop out of school with bad marks or come from a low-income family.
The level of schooling affects nursing salaries as well as nurses' student loan debt.
Debt-ridden graduates could postpone major life decisions like getting married, obtaining a car, or working in low-paying jobs like social work or teaching.
Therefore, student debt is necessary to understand acquiring job training
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What are two questions you ask before investing money
Answer:
By what method will the investment work for me? What amount do I hope to acquire on this investment?Explanation:
An investment is an advantage or thing gained with the objective of producing pay or appreciation. In a monetary sense, an investment is the acquisition of products that are not expended today yet are utilized later on to make riches. In fund, an investment is a money related resource bought with the possibility that the benefit will give salary later on or will later be sold at a more significant expense for a benefit. Putting away is giving cash something to do to begin or extend an undertaking - or to buy an advantage or premium - where those assets are then given something to do, with the objective to salary and expanded an incentive after some time. The expression "investment" can allude to any instrument utilized for creating future pay. In the monetary sense, this incorporates the acquisition of securities, stocks or land property among a few others. Furthermore, a built structure or other office used to deliver merchandise can be viewed as an investment. The creation of products required to deliver different merchandise may likewise be viewed as contributing.
which of the following variables would be "X" in a short term aggregate supply curve?
A. real output
B. aggregate demand
C. real wages
D. interest rates
Answer:
A
Explanation:
Aggregate supply = total amount of real output produced in an economy in a year at different price levels
HELPP
The newest form of business ownership is a.
sole proprietorship
partnership
corporation
limited liability company
Answer:
sole proprietorship
Explanation:
this was in my text book for corporate finance, it said that the newest form of business ownership in the usa is sole proprietorship
The newest form of business ownership is: a. sole proprietorship.
What is sole proprietorshipA sole proprietorship can simply be defined as a one man business.
In a sole proprietorship decision is often made by the sole owner of the business as the owner has the full power to control all areas of his or her business.
The type of tax the sole proprietorship can pay on the profit they made from their business is personal income tax as they are the soles owner of the business.
Inconclusion the newest form of business ownership is: a. sole proprietorship.
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4. You find out that your aunt works for a defense manufacturing company that has several defense
contracts with the government. She tells you that she works for a team that is producing a
communications satellite.
Help
Complete Question:
You find out that your aunt works for a defense manufactuing compnay that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. what kind of good is that; individual, merit, or public good?
Answer:
Public Good
Explanation:
It is public good as the contracts that the company has with the government is because that the government wants to invest in it as it is in the best interest of its people.
The central role of the government in any country is to bring prosperity and this is done by investing in infrastructure and meeting the expectations of its people by investing in different areas which includes defense, communication, transport, infrastucture development, education, health, etc. What we conculded is that the contract formed with the defense manufacturing company will be in the best interest of the people who have elected the government.
The company might be providing communication facilities associated with security to the natives which the government desires to achieve by contracting Defense Manufacturing company. So contract of the government with the defense manufacturing company is in the public good.
A communications satellite produced by a defense manufacturing company for government contracts would typically be classified as a public good. Public goods are goods or services that are non-excludable and non-rivalrous in consumption.
1. **Non-excludable:** Once the communications satellite is launched and operational, it is generally not feasible to exclude individuals or groups from benefiting from its services. The signals transmitted by the satellite can reach a wide audience without discrimination.
2. **Non-rivalrous:** The use of the communications satellite by one person or group does not reduce its availability or use by others. Multiple users can simultaneously benefit from the satellite's communication capabilities without diminishing its effectiveness for others.
Given these characteristics, a communications satellite produced for government contracts falls under the category of a public good because it provides benefits to society as a whole and is not easily privatized or restricted to specific individuals or groups.
complete question:-
You find out that your aunt works for a defense manufactuing compnay that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. what kind of good is that; individual, merit, or public good?
Which of the following is the correct term to
describe sales vs. expenses for a specific
project over a defined time period?
A. budget
B. schedule
C. standards
Select the correct answer.
Which task does a busser generally perform?
A. serving dishes
B. presenting the bill
C. refilling water
D. taking the order
Answer:
By definition a busser is a person who clears tables in a restaurant or cafeteria. But since that is not listed i would go with A probably.
Explanation:
Answer:
Its C: Refilling the water. I was a busser!
Correct on Plato
Explanation: