BUSINESS HIGH SCHOOL

5. Microeconomics tends to use theory rather than empirical evidence, to explain differences inindividual markets and industries.

A) True

B)False

Answers

Answer 1
Answer: I believe its True

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Which of the following statements is false? a. The statement of cash flows shows how cash has been generated and how it has been used for an accounting period. b. Firms only have financial difficulties when both the net income and cash flow from operations are negative. c. The statement of cash flows is prepared by calculating changes in all balance sheet accounts. d. Understanding how to prepare a statement of cash flows helps the analyst to better understand and analyze the cash flow statement.
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Suppose that the economy is suffering from a recession (or type of economic downturn). Businesses are closing, and people are losing their jobs. In 1 or 2 sentences, list two fiscal policy actions that could help the economy to recover faster.

A fee earned on account was journalized and posted in error as a debit to Fees Earned and a credit to Accounts Receivable. The correcting journal entry would include a__________-

Answers

Answer:

Step 1.

Dr. Account Receivables

Cr Fees Earned

Being correction of error of fees earned wrongly debited to fees earned account

Step 2.

Dr. Account Receivables

Cr Fees Earned

Being Fees Earned on account

Explanation:

The error must have had a double impact on the account. If an amount meant to be credited to revenue account (fees earned) was wrongly debited, then the net effect is twice the amount involved. It is basically removing two instead of adding two to the account which gives a shortfall of four.

Therefore the correction will be in 2 steps:

1. A reversal of the wrong entry

2. The Posting of the right entry

Therefore:

Step 1.

Dr. Account Receivables

Cr Fees Earned

Being correction of error of fees earned wrongly debited to fees earned account

Step 2.

Dr. Account Receivables

Cr Fees Earned

Being Fees Earned on account

Explain services offered by insurance companies

Answers

Insurance products & services
Business Insurance. ...
Professional Indemnity. ...
Directors & Officers / Management Liability Insurance. ...
Property Insurance. ...
Motor Insurance / Commercial / Heavy Motor Insurance. ...
Home & Contents Insurance. ...
Cyber Insurance. ...
Business Interruption Insurance.

A risk-free, zero-coupon bond with a face value of $1,000 has 15 years to maturity. If the YTM is 5.8%, which of the following would be closest to the price this bond will trade at?a. $721
b. $525
c. $686
d. $429

Answers

Answer:

price = $429.25

so correct option is d. $429

Explanation:

given data

face value = $1,000

time = 15 year

rate = 5.8 % = 0.058

to find out

price of bond

solution

we get here price that is express as

price = (face\ value)/((1+rate)^(time))    ........................1

put here value we get price

price = (1000)/((1+0.058)^(15))

price = $429.25

so correct option is d. $429

George, a regional manager for a global corporation, is meeting with several upset managers from the Rome plant about Steve, who is originally from Florida but moved to Italy to manage the Rome facility. Phillipe, the assistant manager, tells George, "We all feel that Steve sees things only one way—his—and very seldom considers our perspective on things." Steve is employing a ______ management style

Answers

Answer: Parochial

Explanation: A style of management in which the manager having decision authority considers every situation only from his or her own perspective is called Parochial management style. The parochial mangers are the one with illiberal thinking they only considers the situation on the pros and cons related to themselves.

In the above case study, as per the description of the assistant, we can conclude that Steve is a parochial manager.

What types of documents can workers create using DTP? There is more than one answer. advertisements

envelopes

databases

note cards

spreadsheets


WILL GIVE BRAINLIEST!!!!!

Answers

Desktop Publishing (DTP) is the creation of documents using page layout skills on a personal ("desktop") computer primarily for print.

You cannot create databases or spreadsheets in these softwares because the majority of the time these two types of documents are not made for print.

Think about Microsoft publisher and what you can do with that software. Spreadsheets require Exel and Databases are in Access.

In the Classical Theory, it is the price-wage-interest rate _____________ that restores the economy to full employment if Household or Business spending declines..

Answers

Answer:

flexibility

Explanation:

According to classical economists, the price-wage-interest rate flexibility refers to a combination of flexible factors that maintains economic stability:

  • Flexible interest rates keeps the money markets (loans) in equilibrium.
  • Flexible wages keeps the labor market in equilibrium.
  • Flexible prices keeps the goods and services markets in equilibrium.

Therefore, if spending declines, the economy will self-adjust using flexible interest rates (interest rates should lower), flexible wages (wages should lower) and flexible prices (prices should lower) until the economy rebounds.

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