Answer:
The correct answer is included in the pic below.
Explanation:
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A price floor is the maximum price allowed for a good. A price ceiling is the minimum price allowed for a good.
A price floor is an advantage for consumers for buying a good. A price ceiling is a disadvantage for consumers for buying a good.
A price floor is a disadvantage for consumers for buying a good. A price ceiling is an advantage for consumers for buying a good.
Answer: The answer is A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.
Explanation:
A price floor refers to the minimum price of a good or product. It is a price control which limits the lowest price of a product or service.
A price ceiling refers to the maximum price of a good. It is the price a seller is mandated to charge for a product or service. Government impose price ceiling in order to protect consumers from buying at higher or expensive prices.
Answer:
B. Industry wide differentiation
Explanation:
Industry wide differentiation is a business strategy technique that involves a company becoming unique and setting it apart from others. It involves improving qualities of products and introducing a wide range or variety of product line that meets and satisfies the attributes customers want. These improvements in quality makes the company product to become superior in the eyes of the consumers when compared with products of competitors in the same industry. It is also called Broad differentiation as the strategy aims at differentiating the company's product by improving quality and making it more unique than the products offered by rivals or competitors in thesame industry in ways it appeals to a broad range of buyers.
Answer: B) industry-wide differentiation
Explanation:
This is an act of industry offering different products, services or product features into the existing one. This helps the industry to compete with their competitors. It gives them an edge and also make them more attractive to the prospective consumers.
B. theme.
C. style.
D. gallery.
Which of the following identifies the patterns used for each data series in a chart?
A. Data point
B. The horizontal and vertical axes
C. Data series
D. Legend
You just finished creating an expense report table, but your boss tells you to create an extra column representing non-production costs. How do you insert this column?
A. Click in the Table Style Options group of the Design tab.
B. Click one of the insert buttons in the Rows & Columns group of the Layout tab.
C. Click Column in the Insert tab.
D. Click one of the insert buttons in the Data group of the Layout tab.
What is the default file extension for a file saved in Word 365?
A. .docx
B. .doc365
C. .doc
D. .docext
Which of the following allows you to view and access important information about your document all in one location?
A. Menu bar
B. Backstage view
C. Status bar
D. Help icon
Answer:
b. debiting Accounts Receivable and crediting Sales.
Explanation:
When merchandise is sold and the perpetual system of inventory is used, the journal entry for a sale would include debiting Accounts Receivable and crediting Sales.
A perpetual system of inventory can be defined as a process of financial accounting, which involves the recording of informations about an inventory on a continuous basis (in real-time) as the sales or purchases are made through the use of enterprise management software applications and a digitized point-of-sale services.
In Accounting, to record a journal entry for a sale on an account, the account receivable would be debited because it is an asset and shall be increased with debits while crediting the sales account for the amount being paid by the customer.
Under a perpetual system of inventory, updates of the journal entry for a sale would include debiting Accounts Receivable and crediting Sales immediately as it is being made or happening. This is to ensure that the inventory account balance is always accurate provided there are no spoilage, theft etc.
In a hypothesis test, we formulate a null hypothesis and evaluate sample data to decide if there's enough evidence to reject the null hypothesis. If the evidence supports the null hypothesis, we do not reject it. If it favors the alternative, we reject the null hypothesis.
When conducting a hypothesis test, we basically formulate a null hypothesis and then evaluate the test results to determine if there is enough evidence to reject this hypothesis or not. The initial null hypothesis is a claim, typically denoted with H0, that we initially assume to be true. Here, the null statement must always contain some form of equality (=, ≤, or ≥).
After formulating our null hypothesis, data is collected from a sample and evaluated. The evidence from this sample data is then used to decide if we have enough evidence to reject the null hypothesis or not. If the evidence supports the null hypothesis, we do not reject it. If it favors the alternative hypothesis, we reject the null hypothesis.
It's important to note that a hypothesis test is a procedure for determining whether the hypothesis stated is a reasonable statement and should not be rejected, or is unreasonable and should be rejected. This process of decision making is crucial in various scientific and statistical research methodologies.
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B.) straight line
C.) modified accelerated cost recovery
D.) double declining balance