On December​ 15, 2019, a company receives an order from a customer for services to be performed on December​ 28, 2019. Due to a backlog of​ orders, the company does not perform the services until January​ 3, 2020. The customer pays for the services on January​ 6, 2020. The revenue principle requires the revenue to be recorded by the company​ on:

Answers

Answer 1

Answer:

The revenue principle requires the revenue to be recorded by the company on January 3, 2020.

Explanation:

Revenue recognition principle states that income is recorded when it is earned irrespective of when the cash is received.

Earning of Income neither means receiving of order as on  December 15, 2019 nor commitment of completing the order as on December 28, 2019.  

The customer pays for the services on January 6, 2020. This date will not be considered as the date of income earning.

Date of Income earning is when the services are rendered that is on January 3, 2020.

Answer 2

Final answer:

The revenue should be recorded on the date the service is performed.

Explanation:

Revenue recognition is an accounting principle outlining when and how to recognize revenue from sales. It involves determining the amount, timing, and certainty of revenue earned. Adhering to standards like ASC 606, businesses recognize revenue when goods or services are transferred to customers in amounts that reflect the consideration the business expects to receive.

The revenue principle requires the revenue to be recorded by the company on the date the service is performed. In this case, the company did not perform the services until January 3, 2020, so the revenue should be recorded on that date. It doesn't matter when the customer paid for the services, the revenue recognition should match the performance of the service.


Related Questions

Roberta is 25 years of age, healthy, and pregnant. Based on this information, her body is in ____ nitrogen balance. A. PositiveB. InverseC. NegativeD. Activated ..

Answers

Answer: Positive

Explanation:

The net change in total body protein is called Nitrogen balance. Neutral Nitrogen balance exists in a healthy adult. While positive Nitrogen balance exists during pregnancy. Therefore from the information in the question, Roberta will exhibit a Positive Nitrogen balance.

A person with anorexia nervosa is likely to Multiple Choice

1. come from a low socioeconomic class.
2. grow up in a perfectionistic home with very high expectations.
3. come from a loose, flexible home.
4. have a mother with a healthy view of the body and food habits.

Answers

Answer:

2. grow up in a perfectionistic home with very high expectations.

Explanation:

1- There is no relation with economic conditions

3- There are no relation with how home is flexible

4- If we check where problem comes from and decided that mother can be the reason then even mother has a healthy body we expect person to be normal.

2- Grow up with very perfectionist and expecting lots of issues then anorexia might occur.

A person will be deemed to be transacting insurance when the person advertises on the internet, and does any of the following, except:
A. Communicates with a California resident regarding one or more terms of an agreement to provide insurance on an insurance policyB. Accepts an application for coverage from a California residentC. Communicates an invitation to inquireD. Provides an insurance premium quote to a California resident

Answers

Answer:

C

Explanation:

A person will not be deemed to be transacting insurance when he/she communicates an invitation to inquire.

Final answer:

Communicating an invitation to inquire is the action that does not deem a person to be transacting insurance when advertising on the internet. This is distinct from other actions such as discussing agreement terms, accepting applications, and providing premium quotes.

Explanation:

A person will be deemed to be transacting insurance when they advertise on the internet and perform certain actions. These actions include: communicating with a California resident about insurance agreement terms, accepting insurance applications, and providing insurance premium quotes. However, the action that does not deem a person to be transacting insurance is communicating an invitation to inquire. This is because simply inviting someone to ask questions about insurance does not necessarily mean that they are engaging in the business of insurance. Insurance companies face challenges in the market, such as adverse selection, and government laws and regulations may influence their operations, including the requirement for certain risk groups to purchase insurance even if it's at a higher rate.

A frozen food manufacturer can produce either pizzas or calzones. As the result of an increase in the price of calzones, the firm produces more calzones and fewer pizzas.

Answers

Answer:

More supply of calzones

Explanation:

The increase in the price of calzones has resulted in an increase in the supply of calzones. The company can produce either pizzas or calzones; the increase in the supply of calzones will decrease the supply of pizzas. Overall, price and supply have a positive relationship which is why the increase in prices has increased the supply of calzones.

Final answer:

The increase in the price of calzones prompts a frozen food manufacturer to produce more calzones and fewer pizzas, demonstrating the concepts of elasticity of supply and how businesses adjust production in response to market changes to maximize profits.

Explanation:

The question centers around economic concepts related to supply, demand, and how changes in price affect production decisions in a business setting. When the price of calzones increases, the frozen food manufacturer decides to produce more calzones and fewer pizzas. This decision is likely due to the increase in potential profit margins from calzones, which now have a higher selling price. In economic terms, this is a classic example of how businesses respond to changes in market conditions to maximize their profits. The manufacturer shifts resources from pizza production to calzone production in response to the price change, a concept known as elasticity of supply.

The situation is an application of microeconomic principles, specifically focusing on how individual businesses make production decisions based on changes in the market. As the price of calzones increases, the marginal revenue from selling calzones becomes more attractive compared to pizzas, prompting the manufacturer to adjust its production lineup to enhance profitability.

A corporation has issued 10% convertible debentures, convertible into 40 shares of common stock. The current market price of the common stock is $25.25. If the bonds are trading at parity, they are priced at: A 100 B 101 C 106 D 107

Answers

Answer:

(B) 101

Explanation:

The bonds are convertible into 40 shares of common stock.

The current market value of the common stock is $25.25

The parity price of the bonds will be 40 x $25.25 = $1,010.

The bonds are trading at parity so they are priced at $1,010 = $1,010

Per bond = 101.

Answer:

B. 101

Explanation:

First, we establish that the bonds are convertible into common stock of 40 share.

Secondly, the established current market price of the common stock is $25.25.

Therefore, calculate the Market price of the bonds upon conversion to stock

= 40 shares x $25.25 = $1,010

The bonds are trading at parity, therefore, they will be priced as follows;

Market Price x Conversion Ration (10%)=

$1,010 x 10 % = $1,010 x 0.10

= $101

N.B. Parity Price: this represents the price at which to assets are said to be equal in value. In our question, the parity price is the price at which the Convertible bonds are said to be equal in value to common stock shares and this price is the most beneficial point for such convertible bonds to be converted to common stock

The GDP gap is the difference between potential output at ______________ employment and the current or a given output..

Answers

Answer: full

Explanation:

GDP gap is the difference between actual output and potential output. It is the difference between the potential output an economy is capable of producing when all factors of production are fully employed and the current output of the economy.

I hope my answer helps you.

If demand shifts to the right when income increases, we can conclude that the good is:_____

Answers

Answer:

A normal good

Explanation:

Normal goods are goods that are demanded as income level rises. With a higher income level, a rational consumer is expected to have more purchasing power and demand more of a good that is considered normal (hence the name).

Goods that are demanded less as income rises are termed inferior goods. They are the direct opposite of normal goods.

Many individuals (third parties) in a society encounter ___________ externalities from a student’s college education that is strongly subsidized by the taxpayers..

A. positive
B. negative
C. extreme
D. floating

Answers

Answer:

The correct answer is the option A: positive.

Explanation:

First of all, the term of externality, in the field of economics, refers to the cost or benefit that a third party receives from the interaction of other two parties that established relations between them. This concept allegates that the interaction between the two main parties creates a consequence that affects the third party, that consequence could be a cost or a benefit and that is, negative or positive.

Secondly, a positive externality is the benefit that a third party receives from the interaction between two main parties.

Finally, in that case where many individuals have a benefit regarding the education strongly subsidized by the taxpayers is a commonly case of positive externality.

What type of technology can add geographical identification data to media such as digital photos taken on a mobile device?

Answers

Answer:

GeoTagging

Explanation:

The type of technology used is Geotagging which refers to the process of adding geographical identification metadata to various types of media such as geotagged photograph or videos, websites, SMS Messages, QR Codes or RSS Feeds and is a form of geospatial metadata.

This data usually consists of latitude and longitude coordinates, though they can also include altitude, bearing, distance, accuracy data, and place names, and perhaps a time stamp. Geotagging can help users to find a wide variety of location-specific information from a given mobile device.

For instance, someone can find images taken near a given location by entering latitude and longitude coordinates into a suitable image search engine. Geotagging-enabled information services can also potentially be used to find location-based news, websites, or other resources

Geotagging can tell users the location of the content of a given picture or other media or the point of view, and conversely on some media platforms show media relevant to a given location.

Match the following intangible assets to their definitions by writing the respective alphabet (A-E) on the line.
Part A:
a. Patents
b. Goodwill
c. Trademarks and trade
d. Franchises and licenses
e. Copyrights
Part B:
1. Distinctive identifications of products or services
2. The excess of the cost of purchasing another company over the sum of the market values of the acquired company’s net assets
3. Give holder the exclusive rights for 20 years names to produce and sell an invention
4. Exclusive rights to reproduce and sell a book, musical composition, film, or other work of art
5. Privileges granted by a private business or a government to sell a product or service in accordance with specified conditions

Answers

Answer:

a. Patents: 3.

b. Goodwill : 2

c. Trademarks and trade: 1

d. Franchises and licenses: 5

e. Copyrights :5

Explanation:

a. Patents: 3. A patent is a group of rights of an invention given for a period of time, normally to its inventor in order to sell, produce and use his product with exclusivity leaving aside the competitors.

b. Goodwill : 2 the goodwil in business is calculated as the adquisitoin cost of a business minus the intangible and tangibles assets and liabilities obtained in the purchases

c. Trademarks and trade: 1  A trade mark is a logo, drawion, word or phrase tahat identifies a product or a services among others.

d. Franchises and licenses: 5  Is a type of business (for example Mc Donald's) where one (the franchisor) gives the fanchisee the right to use it's trademark and business model and processes in exchange of licensing fees.

e. Copyrights :5 the copyrights protects tha author of an artistic work in order not to be reproduced without its permission

Effective and efficient maintenance of records requires records management support personnel within______________.

Answers

Final answer:

Records management support personnel within an organization ensure efficient record maintenance by creating, storing, and retrieving records, thereby promoting operational efficiency and compliance with record-keeping laws.

Explanation:

Effective and efficient maintenance of records requires records management support personnel within an organization. These individuals are responsible for creating, storing, and retrieving records as needed. They ensure that the organization's record system operates smoothly, which supports operational efficiency and compliance with laws and regulations for record keeping.

Good records management practices help organizations avoid lost or misplaced records, protect sensitive information, and save space and resources by disposing of records that are no longer needed. Functioning within all levels of the organization, these personnel can include data clerks, record analysts, and IT specialists, all working together to maintain a productive and compliant records management system.

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When there are no sidewalks outside of a business or residential district pedestrians shall ______.

Answers

Answer: Walk facing opposite direction of the traffic coming in from the left hand side of the road.

Explanation:

If a pedestrian is walking on a road with no pedestrian sidewalks, the pedestrian needs to walk facing the incoming vehicles.

The pedestrian should be on the right side of the road, facing the vehicle coming in from the left.

Barney, a manager, is very conventional, resistant to change, habitual, and does not accept new ideas very easily. This implies that Barney has:

Answers

Answer:

This implies or states to low openness to experience

Explanation:

Low openness to experience, it is related to people who are mostly dedicated to work they do and make sure that their tasks or work through to the end.

So, in this case, Barney, who is the manager is very resistant to adapt the change, very conventional and does not accept the new ideas so easily. This states that the manager, is very low for experiencing the openness or to the new ideas.

Final answer:

Barney's management style, which is conventional and resistant to change, implies a work environment with little flexibility, resist new ideas, and may lack incentives for enhancing work performance. Embracing change and innovation, and encouraging staff creativity could improve his team's motivation and productivity.

Explanation:

Barney, the manager in question, exhibits traits that suggest a reluctance to embrace change and innovation. His being conventional, resistant to change, habitual, and unwilling to accept new ideas aligns with a management style that has little flexibility, a large bureaucracy, and possibly creates an environment with a lack of incentive to work hard or better. In such a setting, team members may find it challenging to propose innovative solutions or improvements, as they could expect resistance or a lack of supportive mechanisms to bring new ideas to fruition.

Furthermore, Barney's management style could discourage employees from going above and beyond their regular duties due to a possible lack of recognition or rewards for exceptional performance. In order to improve this workplace dynamic, it would be beneficial for the management to adopt measures that encourage flexibility, support creative thinking, and provide incentives for staff to improve their work and productivity.

In a financial statement audit performed following AICPA Professional Standards, how frequently must an auditor test operating effectiveness of controls that appear to function as they have in past years and on which the auditor wishes to rely upon in the current year?
A. Monthly.B. Each audit.C. At least every second audit.D. At least every third audit.

Answers

Answer: The correct answer is "B. Each audit.".

Explanation: An auditor must prove the operational effectiveness of the controls that appear to function as they have in recent years and which the auditor wishes to rely on in the current year for each audit.

Answer:

gg

Explanation:

Owners of a bowling alley have determined that the price elasticity of demand for bowling by seniors is –3.0, while the price elasticity of demand for others is –1.8. How much more should others be charged than seniors?

Answers

Others should be charged more than seniors at the bowling alley due to seniors' higher price elasticity of demand. For pharmaceutical pricing, a price should be lowered if demand is elastic (greater than 1) and raised if demand is inelastic (less than 1). Bread is an inferior good as consumption decreases with an increase in income.

The bowling alley scenario outlines that seniors have a higher price elasticity of demand at -3.0, compared to -1.8 for others. Price elasticity of demand measures how sensitive the quantity demanded is to a change in price. With a higher absolute value of price elasticity, seniors are more responsive to price changes.

Since seniors are more price-sensitive, they will likely reduce their bowling frequency significantly if prices increase. Others, with a lower price elasticity, are less sensitive to price changes and will not reduce their bowling frequency as much. Therefore, to maximize revenue without losing too much demand, the bowling alley should charge others more than seniors, capitalizing on the less elastic demand group's willingness to pay.

In terms of pricing advice for a pharmaceutical company with elastic demand for their product (1.4 elasticity), they should lower the price to increase total revenue. However, if the elasticity is 0.6, they should raise the price, as demand is inelastic and greater revenue is obtained with higher prices. At an elasticity of exactly 1, price changes do not affect total revenue, so they could maintain the current price.

For UPS or FedEx, understanding the gasoline price elasticity of supply is crucial for anticipating and planning for fuel cost changes, which are a significant part of their operational expenses. The elasticity tells how responsive the quantity of gasoline supplied is to a change in its price, affecting their cost structure and potentially their pricing strategies.

Income elasticity of demand for bread is calculated using the formula: Percentage change in quantity demanded / Percentage change in income. Since bread consumption fell when income rose, the income elasticity would be negative, indicating that bread is an inferior good, as consumption decreases when income increases.

Barry and his wife Mary, have accumulated over $3.5 million during their 50 years of marriage. They have three children and five grandchildren. What is the total amount of estate removed from Barry and Mary's estate in 2017 if they gift the maximum allowable amount to their children and grandchildren without incurring any gift taxes?

Answers

Final answer:

Given the rules for gift tax exclusions set forth by the IRS in the United States during 2017, the maximum amount that Barry and Mary could gift their descendants (3 children and 5 grandchildren) without incurring any gift taxes would amount to $224,000.

Explanation:

The subject in question concerns the gift tax exemption limits in the United States. In hindsight, the gift tax explains the maximum amount that Barry and Mary can give their descendants without having to pay for any gift taxes.

In 2017, according to IRS rules on annual gift tax exclusions, each individual was allowed to gift up to $14,000 to any number of individuals without incurring any gift tax. Given that Barry and Mary have 3 children and 5 grandchildren, that is a total of 8 individuals. Therefore, both Barry and Mary could each gift $14,000 to the 8 individuals, leading to a total of ($14,000 * 2 * 8) = $224,000 in gifts without incurring a gift tax.

Therefore, the total amount of estate removed from Barry and Mary's estate in 2017 if they made use of the maximum allowable gift tax exclusion would be $224,000.

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Barry and Mary can gift a total of $112,000 to their children and grandchildren in 2017 without any gift tax implications.

In 2017, the maximum allowable gift amount per person that could be given without incurring gift taxes was $14,000 per individual recipient. This means that Barry and Mary could each gift up to $14,000 to each of their children and grandchildren without triggering any gift tax liability.

Let's calculate the total amount Barry and Mary could gift without incurring gift taxes:

- They have 3 children and 5 grandchildren.

- Each child and grandchild can receive up to $14,000 from both Barry and Mary without gift tax consequences.

Total number of recipients = 3 children + 5 grandchildren = 8 recipients.

Maximum allowable gift per recipient = $14,000.

Total amount Barry and Mary can gift = Number of recipients × Maximum allowable gift per recipient

                                     = 8 recipients × $14,000

                                     = $112,000.

Therefore, Barry and Mary can gift a total of $112,000 to their children and grandchildren in 2017 without any gift tax implications.

An ad for Campbell's Cream of Mushroom Soup shows pictures of dishes prepared using this soup, with a link to Campbell's website for the recipe and instructions. This illustrates:A. positioning by attributes/benefits.B. positioning by price/quality.C. positioning by product user.D. positioning by product class.E. none of the above.

Answers

Final answer:

Campbell's advertisement using images of dishes made with their Cream of Mushroom Soup is an example of positioning by attributes/benefits, emphasizing the soup's versatility and convenience for cooking. Historically, Campbell's has been innovative in displaying their products' appealing attributes, as seen in the 1960s vegetable soup ads with marbles to make the soup look more appetizing.

Explanation:

The advertisement showing pictures of dishes prepared using Campbell's Cream of Mushroom Soup with a link to their website for recipes illustrates positioning by attributes/benefits. This positioning strategy uses the physical aspects of a product - in this case, the versatility and convenience of the soup to make various dishes - to differentiate it in the market and appeal to consumers. Campbell's advertising tactic creates an image of the product that highlights certain desirable attributes, such as the ability to easily create delicious meals.

In reference to historical facts, in the 1960s, Campbell's used a clever technique in their magazine advertisements for vegetable soup by placing marbles in the bowl before adding the soup, ensuring that the bowl appeared full of vegetables and the product looked more appetizing. This kind of ingenuity in marketing speaks to the company's dedication to presenting their product's attributes in the best possible light.

In Baer Food Co.’s Year 3 single-step income statement, the section titled Revenues consisted of the following: Net sales revenue $187,000 Discontinued operations: Income from operations of component unit (including gain on disposal of $21,600) 18,000 Income tax (6,000) Interest revenue 10,200 Gain on sale of equipment 4,700 Total revenues $213,900 In the revenues section of the Year 3 income statement, Baer Food should have reported total revenues of

Answers

Answer:

Total revenue will be equal to $201900

Explanation:

We have given net sales revenue = $187000

Interest revenue = $10200

Gain on sale equipment = $4700

We have to find the to total revenue

Total revenue is given by

Total revenue = net sales revenue + interest revenue + gain on sdale equipment = $187000+$10200+$4700 = $201900

So total revenue will be equal to $201900

Final answer:

Baer Food Co. should have reported total revenues of $201,900, which includes net sales revenue, interest revenue, and gain on sale of equipment, excluding income from discontinued operations and income tax.

Explanation:

In calculating the total revenues on Baer Food Co.\u2019s Year 3 single-step income statement, we must consider only the items that are typically classified as revenues. The list provided includes net sales revenue, interest revenue, and gain on sale of equipment. Items such as income from discontinued operations and income tax should not be included in the revenue total as they are not considered operating revenues. Therefore, the correct total revenue calculation would be:

Net sales revenue: $187,000Interest revenue: $10,200Gain on sale of equipment: $4,700

Adding these figures together gives us:

$187,000 (Net sales revenue) + $10,200 (Interest revenue) + $4,700 (Gain on sale of equipment) = $201,900

Therefore, Baer Food Co. should have reported total revenues of $201,900 in the revenues section of the Year 3 income statement.

In the split labor market theory, the group that gains the most from discriminatory institutions is:

Answers

Answer:

dominant group workers

Explanation:

From spilt labour market theory workers like natives, or part of unions in market enjoy full rights  and demand higher wages and sometimes using their political power they exclude low paid workers from market.

A BD is a member of a selling syndicate in a firm commitment underwriting of a "hot" issue. The BD holds back 25% of its allotment for future sale at an expected higher price. This conduct by the BD is:

Answers

Answer:

[B]

Explanation:

Based on the information provided within the question it can be said that this conduct by the BD is both unethical and not permitted under NASAA and USA's Uniform Securities Act Regulations. This is because a BD has the responsibility to make a bona fide public offering of the stock as soon as it is available. Holding onto that stock in order to later sell at a higher profit is referred to as "freeriding" and is illegal.

Final answer:

When a BD holds back 25% of its allotment in a firm commitment underwriting of a 'hot issue' for a future sale at a higher price, it is engaging in over-allocation, which can raise ethical and regulatory concerns.

Explanation:

A BD (Broker Dealer) that holds back 25% of its allotment in a firm commitment underwriting of a 'hot issue' for future sale at an expected higher price is engaging in a practice called withholding shares or over-allocation. In a firm commitment underwriting, the underwriters, such as the BD, purchase securities from the issuer with the intention to resell them to the public.

When the issue is 'hot,' meaning it is expected to perform well and be in high demand, the practice of holding back shares might be done in anticipation of profiting from a rise in the market price. However, this conduct may raise ethical and regulatory concerns, as it could be seen as manipulating the market or unfairly withholding shares from the public that otherwise would have had access to invest in the offering from the onset.

In 2008 a California man named Gladwin Gill was sentenced to a year in prison for making $66,700 in conduit contributions to presidential candidates, two United States Senate candidates, and a political committee endorsing a U.S. House of Representatives candidate..

Answers

Answer:

In 2008 a California man named Gladwin Gill was sentenced to a year in prison for making $66,700 in conduit contributions to presidential candidates, two United States Senate candidates, and a political committee endorsing a U.S. House of Representatives candidate..

In 2008, Gladwin Gill, a resident of California, was convicted and sentenced to one year in prison for orchestrating $66,700 in conduit contributions to various political candidates.

These contributions were made to presidential candidates, two candidates running for the United States Senate, and a political committee that endorsed a candidate for the U.S. House of Representatives. Conduit contributions involve using intermediaries to funnel money into political campaigns, with the intention of hiding the true source of the funds. This practice is illegal because it undermines campaign finance regulations designed to ensure transparency and prevent corruption.

Gill's actions were viewed as a violation of election laws, as he attempted to bypass contribution limits and manipulate the political process by disguising the true origin of the funds. As a result, he faced legal consequences to uphold the integrity of campaign finance laws. Calculating the total amount of conduit contributions, which amounted to $66,700, helped shed light on the extent of Gill's illegal activities and reinforced the seriousness of the offense.

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Restricting imports of Brazilian shoes will__________.

a. raise the price of both Brazilian and domestically produced shoes
b. raise the price of Brazilian shoes but lower the price of domestically produced shoes
c. lower the price of Brazilian shoes but raise the price of domestically produced shoes
d. lower the price of both Brazilian and domestically produced shoes
e. benefit the producers of shoes in Brazil

Answers

Answer:

a. raise the price of both Brazilian and domestically produced shoes

Explanation:

Restricting imports of Brazilian shoes will raise the price of both Brazilian and domestically produced shoes

Jack receives a life estate in a property, for the life of Larry. When Larry dies, the property passes to Mary, rather than to the grantor or the grantor's heirs. This is a:

Answers

Answer:

JOINT LIFE POLICY

Explanation:

When Larry dies, the property passes to Mary, rather than to the grantor or the grantor's heirs. This is a case of first-to-die joint life policy that pays to the surviving partner upon the death of the first.

It is assumed in the scenario that Mary must have been the wife of Larry, and the First-to-die Joint life policy holds that the estate of the partner that dies first should pass on the surviving partner.

In this Circular Flow example ... if shifts in Supply and Demand (driven by ""choices"") change the ""Average Price"" to $3.00 then the total dollar value of Goods and Services produced would be ____________ ..

Answers

Answer:

$7500

Explanation:

n this Circular Flow example ... if shifts in Supply and Demand (driven by ""choices"") change the ""Average Price"" to $3.00 then the total dollar value of Goods and Services produced would be $7500.

The U.S. dollar exchange rate increased from ​$0.89 Canadian in June 2009 to ​$0.96 Canadian in June 2010​, and it decreased from 83.8 euro cents in January 2009 to 76.9 euro cents in January 2010. Did the U.S. dollar appreciate or depreciate against the Canadian​ dollar? Did the U.S. dollar appreciate or depreciate against the euro cents​? Between June 2009 and June 2010​, the U.S. dollar​ ______ against the Canadian dollar. Between January 2009 and January 2010​, the U.S. dollar​ ______ against the euro.

Answers

Answer:

appreciated; depreciated

Explanation:

The dollar appreciates when there is an increase in the value of the dollar compared to others. In 2009 $1 U.S dollar could buy $0.89 Canadian dollars. Then, in 2010 $1 U.S dollar could buy $0.96 Canadian dollars. Therefore, the U.S dollar appreciated because $1 U.S dollar can buy more Canadian dollars.

The opposite happened with the exchange rate between the U.S dollar and the euro. From 2009 to 2010 the exchange rate decreased from 83.8 to 76.9. Then the U.S dollar depreciated: $1 U.S dollar can buy less euros.

Final answer:

In the given timeframe, the U.S. dollar appreciated against the Canadian dollar and depreciated against the euro. This is because an increase in exchange rate signifies the strengthening of the domestic currency, while a decrease indicates its weakening.

Explanation:

From June 2009 to June 2010, the U.S. dollar increased from $0.89 Canadian to $0.96 Canadian. This indicates that the U.S. dollar appreciated against the Canadian dollar because you could exchange one U.S. dollar for more Canadian dollars in June 2010 than you could in June 2009. Meanwhile, from January 2009 to January 2010, the U.S. dollar went from 83.8 euro cents to 76.9 euro cents. This indicates that the U.S. dollar depreciated against the euro because you would get fewer euros for one U.S. dollar in 2010 than you would in 2009.

In conclusion, when the exchange rate increases, it means one unit of the domestic currency is now worth more units of the foreign currency, therefore it is considered an appreciation of the domestic currency. Conversely, if the exchange rate decreases, that means one unit of the domestic currency is now worth fewer units of the foreign currency, symbolizing a depreciation of the domestic currency.

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Which of the following theories proposes that people prefer to feel they have control over their actions, so anything that makes a previously enjoyed task feel more like an obligation than a freely chosen activity will undermine motivation?

A) two-factor theory
B) goal setting theory
C) motivation-hygiene theory
D) self-serving theory
E) self-determination theory

Answers

Answer:

E) self-determination theory

Explanation:

Theory of self-determination (SDT) is a broad structure for human motivation and personality research.

It articulates a meta-theory for defining inspirational research, a structured theory defining inherent and diverse motivational sources, as well as a description of both the respective positions of intrinsic and kinds of extrinsic motivation in cognitive and social progress and individual differences.

More specifically, the SDT recommendations often concentrate on how cultural and social influences, in relation to their well-being and the quality of their success, promote or undermine the sense of will and initiative of people.

Marshall Manufacturing has recently revamped its promotional strategy. Marshall now utilizes a system that combines all the elements of their promotion mix to create a more responsive organization providing a consistent message. Marshall Manufacturing has adopted a(n)
A. Multilevel coordination plan.
B. Stakeholder response system.
C. Integrated marketing communication system.
D. Internal marketing program.

Answers

Marshall Manufacturing has adopted an integrated marketing communication system .

Option C

Explanation:

The main aim of an organisation is to have an effective communication channel to enhance their profit by adopting to an effective system.

For such effective system the organisation can make use of a model called Integrated marketing communication system this will organise and integrate all the promotional strategies of marketing and communicating to the end user.

This is a long process wherein the brand awareness will be created among the general customers at a low cost. This is also abbreviated as IMC which utilize numerous channels to communicate the campaign messages.

This campaign boost the efficiency of marketing activities that are used to convert strangers into prospects and prospects into customers.

A customer enters a bank branch where he has a savings account and is approached by the branch manager who asks: Are you interested in earning a higher rate of return"

Answers

Complete Question: A customer enters a bank branch where he has a savings account and is approached by the branch manager who asks: "Are you interested in earning a higher rate of return than we offer on our savings accounts? Let me introduce you to our securities representative." If the customer opens a securities account, which disclosure is NOT required to be made?

A. Securities products are not insured by the Federal Deposit Insurance Corporation

B. Securities products are not deposits or other obligations of the financial institution

C. Securities products are subject to investment risks, including possible loss of principal

D. Securities products are subject to taxation of income and capital gains

Answer:

D. Securities products are subject to taxation of income and capital gains.

Explanation:

Disclosure (D) in the question above is not required to be made since it is a known fact that taxes will be paid on the income from the securities just like almost any other income.

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____ can be defined as the degree to which an obtained measure represents the true level of the trait being measured.

Answers

Answer:

let try validity as the rightful answer.

Dynatech issues 1,000 shares of $10 par value common stock at $12 per share. When the transaction is recorded, which accounts are credited? Common Stock $12,000 Common Stock $10,000 and Paid-in Capital in Excess of Par Value $2,000 Common Stock $10,000 and Gain on Stock Sale $2,000 Common Stock $10,000 and Retained Earnings $2,000

Answers

Answer:

Common Stock $10,000 and Paid-in Capital in Excess of Par Value $2,000

Explanation:

The journal entry to record the issuance of common stock is presented below:

Cash A/c Dr $12,000         (1,000 shares × $12)

    To Common Stock $10,000        ($1,000-× $10)

    To  Additional Paid-in Capital in excess of par - Common Stock $2,000

(Being the issuance of stock is reported and the remaining balance i.e $2,000 is credited to the additional paid-in capital account)

While issuing the stock, we debited the cash account as there is a cash inflow and credited the common stock and additional paid-in capital account as the share is issued which affect the stockholder equity

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