Answer:
True
Explanation:
I took the test
B. Jennifer is wrong Her mom's salary in today's dollars would be $5190
C. Jennifer's mom is wrong. Jennifer's salary in 1975 dollars would have been $15570.
D. Jennifer's mom is correct. Jennifer's salary in 1975 dollars would have been $130061.
Answer:
Option A and option C are correct
Explanation:
Data provided in the question:
Jennifer's current earning = $45,000
Jennifer's mom earning in 1975 = $15,000
Current CPI = 237
CPI in 1975 = 82
Now,
Worth of Jennifer's mom salary today =
or
Worth of Jennifer's mom salary today =
or
Worth of Jennifer's mom salary today = $43,353.65 ≈ $43,354
less than the Jennifer's current salary
also,
Worth of Jennifer's salary in 1975 =
or
Worth of Jennifer's salary in 1975 =
or
Worth of Jennifer's salary in 1975 = $15,569.62 ≈ $15,570
more than the Jennifer's mom salary in 1975
Hence,
Option A and option C are correct
b. assess impact of its actions beyond the classroom.
c. engage in brainstorming and evaluate alternatives.
d. choose a course of action.
Answer:
The answer is: C) engage in brainstorming and evaluate alternatives.
Explanation:
The Ethical Decision-Making Framework consists of five steps:
Currently the school board has taken steps one and two, and needs to start working on step three.
Step three requires the school board to come up with different alternative actions and evaluate them. They should consider ethical standards when evaluating the possibilities.
Answer:
Jennifer made more money than her mother.
Explanation:
Today, Jennifer earns $50000 at her first job.
Her mom used to make $15,000 at her first job in 1975.
The CPI today is 231 and the CPI in 1975 was 82.
Purchasing power of Jennifer's mother currently
= $42,256
Jennifer's purchasing power in 1975
= $17,748
Jennifer is currently making more than what her mother could have made if she started working today. Also, she would have earned more than her mother if she had started working in 1975.
Answer: Measurement and presentation of financial performance
Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.
The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.
Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.
Financial accounting's primary functions are record-keeping, which is the organization of financial data, and financial reporting, which is developing and distributing financial statements showing a firm's financial standing.
The two primary functions of financial accounting are to keep track of financial transactions and to create financial statements. The former, known as record-keeping, involves organizing and maintaining the financial data of a company. This includes all sales, purchases, liabilities, and assets. The latter function, financial reporting, is the preparation of financial statements that provide a snapshot of a company's financial health. Statements like the balance sheet, income statement, and cash flow statement are developed and shared with stakeholders such as investors, creditors, and regulatory bodies for decisions making.
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Answer:
we will classify them in the explanation below.
Explanation:
To be included in calculating US GDP
Not to be included in calculating US GDP
b. payment history
c. length of credit history