Business High School

Personal financial statements are a good way of measuring our current finances and giving us information about our financial activities.

TRUE OR FALSE



PLZ HURRY

Answers

Answer 1
True! Personal financial statements could be financial income and financial reports and statements, that helps checks the fiscal period for companies.

Hope this helps.
Answer 2
The answer is TRUE!!!!!!!!!!!!!!!!!!!!

Related Questions

When you hit a parked vehicle and cannot find the owner, you should?

Answers

Leave a note, with contact information

The threat of substitutes is the most significant force in the _____ industry structure introductory decline growth mature

Answers

Final answer:

The threat of substitutes is the most significant force in the market structure of the industry.

Explanation:

The threat of substitutes is the most significant force in the market structure of the industry. It refers to the availability of alternative products or services that can satisfy the same customer needs. When there are numerous substitute products or services, it reduces the market power of the existing industry and puts pressure on them to provide better quality and lower prices to compete with the substitutes.

Whether on paper or computer, which of the following would you use to record bookkeeping data in a ledger? A. Balance sheet B. Journal C. Spreadsheet D. Financial statement

Answers

You want to record all of that stuff inna journal

An insured buys a 5-year level premium term policy with a face amount of $10,000. the policy also contains renewability and convertibility options. when the insured renews the policy in 5 years, what will happen to the premium

Answers

Final answer:

When an insured renews a 5-year level premium term policy, the premium typically increases because the risk associated with the policyholder (based on their age) also increases. Insurance companies also categorize individuals into risk groups, charging higher premiums to those with a higher risk.

Explanation:

When an insured renews a 5-year level premium term policy, typically the premium will increase. Insurance is risk-based and the premiums are established from mortality tables, which show the rates of death for individuals at different ages. As the insured ages, the risk associated increases hence the higher premiums.

This is a fundamental principle of insurance and applies not just to life insurance, but to car insurance as well. For instance, if each 100 drivers pays a $1,860 premium each year, the insurance company collects funds to cover the costs of accidents that occur.

Insurance companies also classify people into risk groups, charging lower premiums to those with lower risks. If people aren't separated into risk groups, those with low risk wind up paying for those with high risks. This is how insurance companies stay profitable while still being able to cover large accident costs when they occur.

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The requirement of a "double coincidence of wants" is the chief __________ of the __________ exchange system.

Answers

The requirement of a "double coincidence of wants" is the chief disadvantage of the barter exchange system.
It means that one supplier wants to obtain the goods from another supplier, and the other supplier wants to obtain the goods from the first supplier. Often, in the barter exchange system, this is not the case, which is why it is a disadvantage. 

In response to the u.s. income distribution trend toward ________, levi-strauss introduced premium levi's capital e line to upscale retailers and the economy levi strauss signature line to mass-market retailers.

Answers

In response to the US income distribution trend towards LOW AND HIGH INCOME, Levi Strauss introduced ........................
Levi Strauss introduce two different products, one for the high income class and the other for the low income class, thus ensuring that he serves the people in both groups. 


Final answer:

In response to increasing income inequality in the US, Levi Strauss introduced two different product lines aimed at addressing different segments of the market. The Levi's Capital E line was targeted towards wealthier consumers and was sold in upscale outlets, while the Economy Levi Strauss Signature line was aimed at more budget-conscious consumers and was sold in mass-market retailers.

Explanation:

In response to the U.S. income distribution trend toward income inequality, Levi Strauss introduced the premium Levi's Capital E line to upscale retailers and the Economy Levi Strauss Signature line to mass-market retailers. The aim of this strategy was to address the growing disparity in buying power among American consumers, thereby catering to both ends of the economic spectrum. This business move was a reaction to the growing divide between the 'haves' and 'have-nots' in American society.

The growing income inequality in the US indicated a clear divergence in the purchasing abilities of different classes of consumers. The Levi's Capital E line was targeted towards the wealthier segments of society. This line was advertised as a premium product and was typically sold in upscale retail outlets. On the other hand, the Economy Levi Strauss Signature line was more budget-friendly and was primarily sold in mass-market retailers, with the aim of appealing to lower and middle-income consumers.

These strategies of segmenting the market based on income levels allowed Levi Strauss to maintain its profitability amidst economic developments. It is evident that trends in income distribution can significantly impact a company's product development and marketing strategies.

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Vertical market managers are found only in _____ markets.

a. b2c

b. institutional

c. b2g

d. competitive

e. b2b

Answers

The answer is b2b (business to business) markets.  In this type of market, a market manager is more likely to be given accountability for a particular market segment. All customers such as these (retail, wholesale, and so forth) in a specific industry comprise what’s called a vertical market, and the managers of these markets are called vertical market managers. B2B companies organize in this way because buying needs and processes are probably to be similar within an industry and channels of communication are likely to be the same within an industry but different across industries.

Which section of a research poster or paper allows other scientists to repeat an experiment?

Answers

The  section of a research poster or paper that allows other scientists to repeat an experiment is: The method sections
In method sections, a researcher could write a thorough explanation on how he/she conducted the experiment. It's being done so the readers could check the validity of the results

When you go on a date with one other person, you have formed a:?

Answers

When you go on a first date with someone you have most likely formed an acquaintanceship or even a friendship. One date does not make a relationship for two people. After several dates, a person could form a relationship if both people like each other well enough. 

True or false members of the texas house of representatives are limited to being elected to three consecutive terms in office.

Answers

The answer to this question is False.

Texas House of Representatives consists of 150 members who are elected by the state and they have a 2 years term. The members of the Texas House of Representatives meet at the House of Representatives chamber of the Texas State Capitol and there is no term limit for being a member of this house.

The most effective form of business organization for raising money to finance the expansion of its facilities and capabilities is a:

Answers

I'd say, by ploughed back profit.

What are desktop computers attached to a network in a business setting called?

Answers

A workstation is a special computer designed for technical or scientific applications. It is intended primarily to be used in a business setting and is attached to a local area network and can run multi-user operating systems. Workstations offer higher performance as compared to mainstream personal computers, especially with respect to CPU and graphics, memory and multitasking capacities.

Explain the importance of insurance to businesses

Answers

business insurance protects a business from closing when catastrophic loss occurs

Country x would have an absolute advantage over country y in the production of automobiles under what conditions?

Answers

Under the condition that country X can manufacture cars more cheaply. An absolute advantage devours in a country if it makes good over alternative country and uses a smaller amount of wealth to yield that good. The result of a country’s natural legacy is the absolute advantage. Another example is extracting oil in Saudi Arabia is pretty much just a matter of drilling a hole. Generating oil in other countries can is essential substantial exploration and costly technologies for drilling and extraction if certainly they have any oil at all. The United States devours about the richest farmland in the world which manufacture it at ease to grow corn and wheat than in many other countries. Guatemala and Colombia partake environment particularly suitable for growing coffee. Chile and Zambia have about of the world’s richest copper mines. As some have claimed that geography is destiny. Chile will bargain copper and Guatemala will harvest coffee and they will trade. When each country has a product others necessity and it can be manufactured with fewer resources in one country over another then it is easy to visualize all parties do good from trade. Thinking about trade just in relations of geography and absolute advantage is incomplete. Trade actually happens because of comparative advantage.

Country X can manufacture cars more cheaply

What is one major goal of u.s. economic foreign policy?

Answers

United States of America Economic Foreign Policy has may goals, which are geared towards helping the other nations of the world. Some of the goals are these:
They assist poor nations of the world to develop their economy.
They creates trade agreements between the US government and foreign countries in order to reduce trade barriers. 

Creating trade agreements (Apex)

Once a person has been trained to operate a lift truck, they are authorized to use any type of lifting device

Answers

 

The answer is FALSE; an operator is only trained to operate a narrow aisle lift truck which is indicated on the permit of OSHA that has very clear standards that employees must follow. If an operator is in need to operate a lifting device with a larger capacity or a different kind of a lifting device, an operator will need conversion training with the class of lifting truck. It is not allowed to operate any lifting truck without proper training, authorized and employer certified on the specific class of lift truck. Once an operator is certified, he is responsible for the following safety procedures outlined in the training, truck manufacturers owner, operator’s manual, and company’s policies and procedures. The employer is intended to certify that each operator has been qualified and assessed as compulsory. Preceding to the employer verifying the operator: the operator must obtain classroom type training, hands on training and an assessment.  

False. Once a person has been trained to operate a lift truck, they are not necessarily authorized to use any type of lifting device.

Training for a specific type of lift truck does not automatically qualify an individual to operate other types of lifting devices. Different lifting devices may have unique operational characteristics, safety protocols, and maintenance requirements that necessitate additional training and certification.

Specialized Training: Each type of lifting device has specific operational and safety guidelines that require distinct training to ensure safe and effective use.Safety and Compliance: Operating lifting devices without proper training can lead to accidents and regulatory non-compliance, emphasizing the importance of obtaining appropriate training for each device.Device-Specific Training: Training on a lift truck does not authorize the use of all lifting devices, as each requires specialized training.

The complete question is:
Once a person has been trained to operate a lift truck, they are authorized to use any type of lifting device.
True or False

Speed adjustments on the highway are necessary because of what three factors? name them and describe why they alter the driving task.

Answers

Speed adjustment is necessary in highways because of three factors such as:
weather conditions: when there is a presence of heavy rain or heavy snow fall, it is advisable that the drivers should follow a certain speed limit to prevent accidents from happening.
traffics and traffic signs: it is likely to follow the speed limit in traffic to prevent any accidents from happening as well as the traffic signs because not following the rules are punishable by law.
emergency vehicles: it is best to give way or to slow down and give way to fellow emergency vehicles because they have a responsibility in serving people especially in an emergency.

Which of the following actions would likely raise life insurance premiums?
A)Being a non-smoker
B) Going skydiving every weekend
C) Living a healthy lifestyle
D) Refraining from drinking alcohol

Answers

Your answer would be B... 

I hope I helped and if you need anymore you could always ask me...

Answer:

B

Explanation:

________ refer to a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible.

Answers

service  refer to a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible.
A service does not have a physical appearance unlike any other type of product. It is created to make it easier for customers to do certain things that offered by the service.

The process of removing sworn officers from noncritical or nonenforcement tasks and replacing them with civilians or nonsworn employees is called __________

Answers

The process of removing sworn officers from noncritical or nonenforcement tasks and replacing them with civilians or nonsworn employees is referred to as CIVILIANIZATION.

Further explaining it, it is the process of involving the replacement of fully attested, sworn police officers with 'civilian' staff who have either no police powers or limited police powers and who provide either administrative or specialist support to policing.

Which piece of educational information is normally not asked about on a job application?

Answers

The educational information is that to be given in a job application depends on the type of job you are applying for. Those jobs that require educational background are those jobs that require particular level of education like level of education for a politician for example. As long as the nature of the job do not require a particular level of education, it is not proper to ask for educational information.

Html uses _________ to annotate documents. this is a way of marking up the content to identify specific html elements.

Answers

Answer:

The correct answer is "tags".

Explanation:

Html uses tags to annotate documents, identifying specific Html elements. HTML tags are the basis of this programming language, which remains the background for many other more advanced languages. An HTML tag is the content within angle brackets in the web code.

Have a nice day!

Html uses tags to annotate document

For better understanding, we have to explain what Html means

HTML is simply defined as set of symbols that is madeup or also known as codes that is put into a file that has been set down for display on a web browser. The term "HTML" stand for Hypertext Markup Language.The html tag instructs the browser that this is an HTML document and the tag shows the root of an HTML document.

From the above, we can therefore say that the answer Html uses tags to annotate documents is correct.

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In texas, the second 30 days of the legislative session are mainly reserved for

Answers

In Texas, the second 30 days of the legislative session are mainly reserved for the committee consideration of the bills and resolutions. Hence, the Texas Constitution limits the duration of each special session to 30 days. Lawmakers may consider only those issues designated by the governor I his call or proclamation to come together in the special session. 

Karen made a commission of $3,522.75 on the sale of a property. she split her commission equally with her broker which is 50% to the broker and 50% to karen. her broker took 55% of the total commission on a 7% commission rate. what was the sale price of the property?

Answers

Final answer:

Based on the commission earned, the broker's cut, and the commission rate, the sale price of the property was $100,650.

Explanation:

The question is asking us to figure out the sale price of a property based on Karen's commissions and her broker's cut. The information provided indicates that Karen received $3,522.75 from the sale, which is 50% of the total commission. This means that the total commission was $3,522.75 * 2 = $7,045.50. The question also tells us that the broker's cut is 55% of total commission. However, this information is irrelevant as we have already determined the total commission based on the 50-50 split between Karen and her broker. The Commission rate on the sale was 7%, and commission is typically calculated as Commission rate * Sale price. Hence we can calculate the Sale price = Total commission / Commission rate. Plugging in our values we get the Sale price = $7,045.50 / 0.07 = $100,650. Therefore, the sale price of the property was $100,650.

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Labelle, a famous cosmetic brand, introduces a new skin cleanser. initially, the product does extremely well and reaps huge profits for the company. after using the product for few months, consumers having acne complain of rashes and allergies. an external chemical agency accuses that the company used a harsh chemical that causes allergies to people with acne, and it did not include it on the ingredients list displayed on the productâs label. these harsh chemicals did not cause allergies to people with normal skin. when enquired, the companyâs ceo confesses that the products would have not done so well if they had listed the chemical. the company can be charged

Answers

The company can be charged with falsifying  the presentation of a food product such as its ingredients. It is under the Section 15 of Food Safety Act of 1990. This is because even though the company is listing the ingredients of the product in their packaging, they did not include one of the ingredients that caused an infection on the external parts of the consumers.

What is the difference between patronage and the merit principle?

Answers

Patronage principle based its hiring and promotion system on political reasons while the merit principle employed the idea that hiring should be based on entrance examination and promotion. One of the major disadvantage of the patronage principle is that, it may end up employing people who are not qualify for the job. Merit principle choose based on qualifications. 

What are five private agencies that protect consumer rights

Answers

The consumer protection administrative organizations battle to guarantee that people are dealt with decently, get the important data to settle on educated choices, are secured against item dangers and can utilize lawful response if necessary. Certain sorts of items draw in more direction because of their higher danger of customer damage or passing, for example, nourishment, meditates, kids' items, and cars. 
The following are the five private organizations that ensure consumer rights:

Consumer Financial Protection Bureau (CFPB)


Consumer Product Safety Commission (CPSC)

Federal Trade Commission (FTC)

Food and Drug Administration (FDA)

National Highway Traffic Safety Administration (NHTSA)

According to the video on managing space and time, there are ______ factors that determine how much driving space and time you need.
a. two
b. ten
c. four
d. fifteen

Answers

The answer to this question is "FOUR" which is letter "C" from the choices. As per or according to the video on managing space and time, there are four factors that define and will determine how much driving space and time we needed. These four factors will the driver helps to be safe and see the hazards ahead of time.

According to the theory that ______, first noted by new york times columnist thomas friedman, globalization has leveled the competitive playing fields between industrial and emerging-market countries.

Answers

In the article of the New York Times, the columnist and writer name Thomas Friedman states that globalization has leveled and showed that the competitive playing fields between the industrial and the emerging-market countries. This phenomenon became known and according to the theory "THE WORLD IS FAT". This has been published and able to reach to a lot of people who become interested in this matter.

Compare and contrast anticipatory and responsive business models. why has responsiveness become popular in supply chain strategy and collaboration.

Answers

In an ideal setting, the anticipatory business model is used for those products with standard curves of demand. These products have low variation and usually follow the trend. While the responsive business model is used for products with high variations and the data should come from historical trends. 
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