If the housing market had been bad and each seller in the previous question had to lower their price by $10,000, the mean sales price would go down by $10,000. Correct option is B.
If each seller in the housing market had to lower their price by $10,000, it would cause a downward shift in the distribution of sales prices. As a result, the mean sales price would also decrease.
The mean sales price is a measure of central tendency that represents the average sales price in the market. It is influenced by the individual sales prices of all the homes in the market. If each seller has to lower their price by $10,000, it means that the sales prices of all homes have decreased by the same amount.
This would result in a shift of the distribution of sales prices to the left, causing the mean sales price to decrease by the same amount. Therefore, the correct answer is (b) it would go down by $10,000.
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Complete question is:
If the housing market had been bad and each seller in the previous question had to lower their price by $10,000, what would happen to the mean sales price?
a) it would not change because the mean is stable
b) it would go down by $10,000
c) it would go down but it is impossible to say by how much
d) it would depend on how much variability there was in the market at that time
Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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Celia's firm has developed a breakfast cereal targeted toward children. Rather than compete in the mature U.S. market, she has decided instead to introduce the product in Europe, where she feels it will be innovative. Her advertising agency urged caution because__________.
a. print media are different in Europe, and it would be difficult to create a global campaign.
b. advertising regulations differ in other countries, including advertising to children.
c. domestic advertising agencies cannot earn commissions on advertising they place overseas.
d. research indicates that European children do not eat breakfast as often as American children.
e. literacy rates are significantly lower in Europe, and print ads would be ineffective.
Answer:
b. advertising regulations differ in other countries, including advertising to children.
Explanation:
Cecilia decided tolo introduce the her cereal advert in Europe, where she feels it will be innovative.
Thai was done to avoid competing in the mature U.S market.
It will be important for Cecilia to consider the advertising regulations on Europe.
There can be differences in what is considered appropriate in an advertisement in Europe.
She will need to ensure the content of her adverts complies with what is deemed appropriate content in Europe
Duties performed by warehouse case study class 11
The duties performed by a warehouse include receiving, storing, and distributing goods and materials efficiently and safely.
What are the primary responsibilities of a warehouse?A warehouse plays a crucial role in the supply chain management of businesses. Its main responsibilities revolve around receiving, storing, and distributing goods and materials.
Upon receiving shipments, warehouse staff inspect the contents for quality and accuracy verifying that the delivered items match the corresponding documentation. They then organize and store the goods in designated locations within the warehouse ensuring efficient use of space
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Which research tool would be most effective when gathering data on how employees feel about carpooling
Answer: i think the best way would be a poll
Jackie consumes only two goods: waffles (w), and concert tickets (t). Her utility function and associated marginal utilities are as follows: U = 1200w0.1t0.4 MUw = 120w−0.9t0.4 MUt = 480w0.1t−0.6 Each waffle costs $2.50 and each concert ticket costs $20.
(a) How much money would Jackie need to achieve utility = 10,000?
(b) From now on, assume Jackie has $1000 to spend. How many waffles and con- cert tickets will Jackie consume?
(c) Suppose waffles cost $4 each instead of $2.50. How many waffles and concert tickets will Jackie consume?
(d) Find the substitution and income effects for the change from part (b) to (c).
(e) Find the Compensating and Equivalent Variations for the change from part (b) to (c).
(f) Suppose Jackie’s utility function was actually the following: U = 1200w0.5 + 160t MUw = 600w−0.5 MUt =160 Assuming again that each waffle costs $2.50 and each concert ticket costs $20, and Jackie has $1000 to spend, how many waffles and concert tickets will Jackie consume?
With a budget of $1000, we can establish the budget constraint, 2.5w + 20t = 1000, where w represents the quantity of waffles and t represents the quantity of concert tickets.
(a) To determine how much money Jackie would need to achieve a utility of 10,000, we can equate the utility function to 10,000 and solve for the quantities of waffles and concert tickets. Given that U = 1200w^0.1t^0.4, we have:
10,000 = 1200w^0.1t^0.4
To solve for the quantities, we need to know the prices of waffles and concert tickets.
(b) If Jackie has $1000 to spend, we can determine the optimal quantities of waffles and concert tickets by maximizing her utility function subject to the budget constraint. With $1000, we have:
Budget constraint: 2.5w + 20t = 1000
We can then use the marginal utility values to find the optimal quantities that maximize her utility.
(c) If waffles cost $4 each instead of $2.50, we need to update the budget constraint accordingly:
Budget constraint: 4w + 20t = 1000
Using the updated budget constraint and the marginal utility values, we can determine the new optimal quantities of waffles and concert tickets.
(d) The substitution effect measures the change in quantity demanded due to a change in relative prices while holding utility constant. The income effect measures the change in quantity demanded due to a change in purchasing power or income while holding relative prices constant. To calculate these effects, we compare the quantities of waffles and concert tickets consumed in part (b) with those in part (c).
(e) The compensating variation (CV) measures the amount of income that would have to be given to Jackie to restore her utility to the level she had in part (b) after the price change in part (c). The equivalent variation (EV) measures the amount of income that would make Jackie indifferent between the initial situation (part b) and the new situation (part c). CV and EV can be calculated by comparing the utilities or expenditures in the two scenarios.
(f) With the new utility function U = 1200w^0.5 + 160t and the given prices, we can use the same approach as in part (b) to determine the quantities of waffles and concert tickets that maximize Jackie's utility with a budget of $1000.
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An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
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could someone explain to me what the money market in Italy is, thank you all
Explanation:
Two main markets comprise the Borsa Italiana: the Mercato Telematico Azionario (MTA), which is the segment for mid- and large-size companies; and the AIM Italia, which was established in 2009 to cater for high growth small and medium enterprises needing more flexibility around the reporting and governance requirements.
as a means of funding government programs, deficit spending question 6 options: can be carried out by the federal government and states. was eliminated by a federal balanced budget amendment. increases the national debt. reduces the federal budget and national debt.
A means of funding government programs, and you have provided four options to choose from: Deficit spending increases the national debt. The correct option is: C
Deficit spending occurs when the government spends more money than it receives in revenue, typically to fund various programs or stimulate economic growth. This excess spending is financed through borrowing, which adds to the national debt. The national debt is the total amount of money owed by the government to its creditors, and it grows as deficit spending continues.
Option a is incorrect because deficit spending is primarily carried out by the federal government, while states often have balanced budget requirements that limit their ability to engage in deficit spending. Option b is also incorrect as there has been no federal balanced budget amendment enacted in the United States. Lastly, option d is not accurate because deficit spending does not reduce the federal budget or national debt; in fact, it adds to the national debt.
In summary, deficit spending is a method used by governments to finance various programs, and it leads to an increase in the national debt as the government borrows to cover the spending gap.
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as a means of funding government programs, deficit spending question 6 options:
a. can be carried out by the federal government and states.
b. was eliminated by a federal balanced budget amendment.
c. increases the national debt.
d. reduces the federal budget and national debt.
The beta of a stock is Group of answer choices the rate at which the market portfolio responds to the changes in macroeconomic changes. a measure of the financial risk of a security. a measure of the sensitivity of its returns to the changes in market returns. a measure of diversifiable risk of a security.
The beta of a stock is a measure of the sensitivity of its returns to the changes in market returns.
In other words, it indicates how much the stock's price is likely to move in response to fluctuations in the overall market.
Beta is calculated by comparing the historical returns of the stock to the historical returns of a market index, such as the S&P 500.
A beta greater than 1 suggests that the stock is more volatile than the market, while a beta less than 1 indicates lower volatility.
Beta is a useful tool for investors in assessing the risk and potential return of a stock.
In conclusion, the answer is that the beta of a stock is a measure of the sensitivity of its returns to the changes in market returns.
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If a driver with an insurance policy drives infrequently, it can
raise costs.
lower costs.
create risk
share risk.
Answer: lower cost
Explanation:
An insurance policy is a contract between an insurance company and a policyholder, which helps the policyholder to be able to make claims when there's an accident or death in case of life insurance.
In the above scenario in the question, if a driver with an insurance policy drives infrequently, it can lower costs.
Therefore, the correct option is B.
Answer: Lower cost.
Explanation: This is the correct answer on Edge 2020 ( I just took the quiz and got it right ^-^).
4. Determine the importance of environment conservation from the business viewpoint
Answer:
Economic expansion is not what is causing the climate crisis; rather, the lack of effective public policy meant to lower greenhouse gas emissions is to blame. As long as regulations are in place to limit the environmental effects of the goods and services we produce and use, there is no conflict between capitalism and environmental protection. With those regulations in place, consideration for environmental sustainability can and will be factored into every decision made by the private, nonprofit, and governmental organizations from which we all benefit.
The sustainability of the environment is not affected in the same way by all consumption patterns. The emergence of more sustainable lifestyles can be seen in consumption trends. Young Americans, for instance, don't seem as interested in buying cars as their parents and older siblings did. The advancement of the mobile phone has made ride-sharing, bike-sharing, and other transit options possible.
However, taking an Uber or driving your own car are both considered economic activities for the purposes of calculating GDP. These consumption patterns are typically not the subject of policymaking because they are quite influenced by shifting social norms than by governmental action. The only exceptions might be behavior that directly harms other people, like drinking and driving or smoking in public. New technologies can also lessen the impact of consumption on the environment.
Ironically, some environmentalists and some deniers of global warming share the view that environmental protection and economic growth must be compromised. Both can and must be done. Because most people in the developed world enjoy their way of life and won't give it up, we cannot stop investing in economic development. Environmental advocates will fail politically if they make such a request.
Explanation:
Political and business leaders may not care if economic growth harms the environment, and environmentalists may disagree, contending that neither economic growth nor environmental harm can coexist.
Even by itself, environmental protection promotes economic expansion. The air pollution control technologies we install on power plants and automobiles are made and sold by a third party. Additionally, environmental amenities are valuable.
The opening case explores the development of blockchain technology and how it has the potential to transform global supply chains. The real-time access of data associated with blockchain technology allows for greater transparency and efficiency enabling companies to optimize their global supply chains. Your Discussion can focus on any of the following questions:
QUESTION 3: How can blockchain technology be a gamechanger in manufacturing? How can companies use the technology to optimize manufacturing?
Blockchain technology can be a gamechanger in manufacturing by providing increased transparency and efficiency in supply chain management. Here are a few ways companies can use blockchain to optimize manufacturing:
1. Traceability: Blockchain allows for the secure recording and tracking of every transaction and movement of goods throughout the manufacturing process. Each step, from raw material sourcing to production and distribution, can be recorded on the blockchain, creating an immutable audit trail. This enables companies to easily trace the origin of materials, ensure compliance with regulations, and identify and address any quality issues or bottlenecks in the production process.
2. Smart Contracts: Blockchain can automate and streamline contract management in manufacturing. Smart contracts are self-executing contracts with predefined rules and conditions. By implementing smart contracts on the blockchain, companies can automate various manufacturing processes, such as procurement, payment, and quality assurance. For example, when certain conditions are met, such as the completion of a production milestone, payment can be automatically triggered, reducing delays and improving efficiency.
3. Supply Chain Optimization: With blockchain, manufacturers can have real-time access to accurate and up-to-date information about inventory levels, demand, and logistics. This enables them to optimize production schedules, minimize stockouts or overstocking, and ensure timely delivery of products. By eliminating intermediaries and enabling direct peer-to-peer transactions, blockchain can also help reduce costs and improve overall supply chain efficiency.
4. Quality Control and Counterfeit Prevention: Blockchain technology can enhance quality control in manufacturing by providing an immutable record of product specifications, certifications, and test results. This helps ensure that only high-quality components or materials are used in the production process, reducing the risk of defects or recalls. Additionally, blockchain can help prevent counterfeit products by verifying the authenticity of components or finished goods, improving brand reputation and customer trust.
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Government can reallocate resources away from private goods toward public goods, usually through?
The government can reallocate resources away from private goods toward public goods through several methods. One common method is taxation.
Another method is government spending. The government can allocate a portion of its budget towards the provision of public goods, such as education, healthcare, infrastructure, and national defense. By investing in these public goods, the government aims to benefit society as a whole. Additionally, the government can regulate and control the production and distribution of goods and services. For example, it can impose regulations on industries to ensure that they prioritize public interests over private interests. This can involve setting standards for safety, environmental protection, and consumer rights.
Moreover, the government can use subsidies to encourage the production and consumption of public goods. Overall, the government's ability to reallocate resources from private goods to public goods is a crucial aspect of public policy. Through taxation, government spending, regulation, and subsidies, the government plays a significant role in ensuring the provision of public goods and promoting the well-being of society.
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The greeting of a cover letter is also referred to as the___.
Answer: salutation
Explanation:ed2021
PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.
Answer: See explanation
Explanation:
In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.
For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.
Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
In an effort to ___________ critical business processes, coca-cola implemented an sap enterprise system.
To standardize critical business processes, Coca-Cola implemented SAP enterprise systems.
What are critical business processes?Critical business processes are absolutely necessary for normal business operations. These are the critical applications that drive your business, your existing process flows, your data, your information technology architecture, and your customer service devices.Critical processes support critical business functions. By defining critical processes, you can schedule connectivity and risk assessment for your most critical applications.What does SAP mean?SAP (Systems Applications and Products) is a widely used ERP (Enterprise Resource Planning) software on the market and comes with hundreds of fully integrated modules covering almost every aspect of business operations.
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Calculate how many hours his non-salary employees will take to create a large order of 1,000 shoes. What kind of budget would Jose create?
This question is incomplete but will answer this based on what I guess you're asking.
Answer and Explanation:
Assume there are 10 employees for the small factory that makes shoes.
Let's assume each non-salary employee spends 30 minutes on each pair of shoes before it finishes, and charges $10 per hour.
1000 pairs of shoes would take 1000×0.5×10= 5000 hours(208 days and a few hours)
Total budget for non-salary employees= 5000 hrs×$10= $50000
Therefore Jose would need a $50000 budget given the variables above.
Fast fine foods markets some of its products to consumers looking for simple quick meals. Fast find foots also offer another line of products targeted to to people interested in low-fat, high nutrition foods. The companies strategy of dividing the market into groups that want similar things from the products they buy is an example of
Answer: Market segmentation
Explanation:
Market segmentation is when a market is being divided based on the customers needs. Customers with similar characteristics or needs are grouped together.
Market segmentation helps a business in reaching customers with similarbjeeds quicker and this leads to improvement in satisfaction and customer relationships. This is the method used by Fast fine foods.
Which factor leads to an over-statement of the rate of inflation? group of answer choices
a. quality improvement bias
b. consumer behavior bias
c. preferential bias
d. complimentary product bias
The factor that leads to an over-statement of the rate of inflation among the given options is a "quality improvement bias."
The quality improvement bias refers to the tendency of inflation calculations to overstate the rate of inflation when there are quality improvements in goods and services over time. This bias occurs when price indexes fail to fully account for the increased value or improved quality of products.
As products and services evolve, manufacturers often introduce enhancements, such as better features, increased durability, or improved performance. However, these quality improvements are not always adequately reflected in inflation calculations, leading to an overestimation of price increases.
The other options listed (consumer behavior bias, preferential bias, and complimentary product bias) are not directly associated with the over-statement of the rate of inflation.
Consumer behavior bias refers to changes in consumer preferences and spending patterns, preferential bias relates to biased sampling or index construction, and complimentary product bias involves the inclusion of free or discounted items in price measurements.
The quality improvement bias is the factor that results in an over-statement of the rate of inflation by failing to fully account for improvements in the quality of goods and services over time.
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What is the total future value six years from now of $50 received in one year, $200 received in two years, and $800 received in six years if the discount rate is 8%? (Shown works)1) 1,145.562) 1,050.003) 1,269.154) 1,047.935) 1,237.20
The total future value six years is $1145.562. Hence option (1) is correct.
Given the following information,
Year\n1\n Cashflow($)\n50\n200\n800\n2\n6\n
Discount rate = r = 8% = 0.08
In order to calculate the future value, first let us calculate the net present value of the given cashflows,
NPV = CF1/(1+r)^1 + CF2/(1+r)^2 + CF6/(1+r)^6
Where,
CF1/(1+r)^1 = 50/ (1+0.08) = 50/ 1.08 = 46.30
CF2/(1+r)^2 = 200/ (1+0.08)^2 = 200/ 1.08^2 = 200/ 1.1664 = 171.47
CF6/(1+r)^6 = 800/ (1+0.08)^6 = 800/1.08^6 = 800/ 1.5869 = 504.14
Substituting the given values, we get
NPV = 46.30 + 171.47 + 504.14
NPV = 721.90
Calculation of Future value six years from now using the formula,
Future value = PV*(1+r)^n
FV = 721.90*(1+0.08)^6
FV = 721.90*(1.08)^6
FV = 721.90*1.5869
FV = 1145.56
Therefore, the total future value six years from now is $1145.56
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Which of these rules of etiquette exists at every workplace?
a.
On Fridays, more casual dress is allowed.
b.
Take care to be thoughtful about your coworker’s needs
c.
The most junior employee will take everyone’s lunch orders
d.
Work begins at 7 AM and you cannot be more than 1 minute late.
Answer:
b. take care to be thoughtful........
The financial markets are a relatively new technological development created in the last 50 years.
Answer:
False
Explanation:
Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.
Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.
According to the following screening criteria, how many public companies are there in the United
States and Canada with a market capitalization of over CAD 500MM?
A publicly listed company's market capitalization, sometimes referred to as market cap, serves as a measure of its value. Usually, it may be rapidly calculated by multiplying the share price by the total number of outstanding shares.
Organizations with higher market capitalizations tend to be safer bets when investing since they represent more mature organizations with typically longer histories in operation. Canada's market capitalization decreased from 3,263.535 USD billion the previous month to 2,914.585 USD billion in June 2022. Canada Market Capitalization is available and updated monthly from December 2012 to June 2022.
In 2020, the United States of America had a market value of $40,719,661,000,000. The total market capitalization of the United States of America increased from 13,983,666 million in United States dollars in 2001 to 40,719,661 million US dollars in 2020, with an average annual growth rate of 7.51%.
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How does quickbooks online use smart learning in its reconciliation tool to help find any hidden transactions
How QuickBooks online use smart learning in its reconciliation tool is: B. It can identify transactions where the transaction date is in a future period and the cleared date is in the statement period.
What is QuickBooks?QuickBooks can be defined as a software that are use by companies to help track their sales as well as their day to day income and expenses.
QuickBooks is important when looking for hidden transaction as it can help to easily identify future and statement period transaction date .
Therefore the correct option is B.
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The complete question is:
How does quickbooks online use smart learning in its reconciliation tool to help find any hidden transactions.
A.It can identify transactions that were posted to the wrong account
B.It can identify transactions where the transaction date is in a future period and the cleared date is in the statement period
C.It will recognize if transactions have been excluded erroneously from bank feeds
D. It will automatically record bank fees and interest earned
In macroeconomics, what name is given to the costs of changing prices that businesses must consider?
a.internal costs
b.customer costs
c.menu costs
d.opportunity costs
e.production costs
In macroeconomics, the name given to the costs of changing prices that businesses must consider is "menu costs."
Menu costs are the costs incurred by businesses when they change their prices, such as the cost of printing new price lists or updating electronic catalogs. These costs can be significant, particularly for businesses that have many products or frequent price changes.
Menu costs can also lead to a phenomenon known as "sticky prices," where businesses are reluctant to change their prices even when market conditions change, due to the costs of doing so. This can lead to price rigidities and result in market inefficiencies.
In macroeconomic analysis, menu costs are often considered a factor that can affect the speed and effectiveness of monetary policy, as changes in interest rates may take longer to transmit to the economy if businesses are slow to adjust their prices.
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In macroeconomics, the name given to the costs of changing prices that businesses must consider is (c) menu costs.
Menu costs are the costs that a business faces when it decides to change its prices. An important aspect of the New Keynesian economic theory is price-stickiness which can be explained with the help of menu costs. Price-stickiness describes prices that do not adjust in response to macroeconomic changes. Prices that do not change with inflation can contribute to a recession. A wise strategy of pricing can help reduce menu costs so that fewer changes will be necessary.
Thus, in macroeconomics, the name given to the costs of changing prices that businesses must consider is menu costs. Option c is correct.
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After making two major sales calls, Jennifer spent time in her hotel room submitting information about the calls over the Internet to her company. Jennifer was providing information to her firm's:
When she is submitting the calls information over the Internet to her company, she is providing an information to the firm's customer relationship management system
What is customer relationship managment system?
The system called "CRM" is a firm's based system that manages the overall relationships of the firm's customers.
Hence, as she is submitting the calls information over the Internet to her company, she is providing an information to the firm's customer relationtionship managment system
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The clerk who opens mail is assigned responsibility for preparing a document which identifies all cash collections received in the mail for a given day. this document is called
The clerk who opens mail is assigned responsibility for preparing a document which identifies all cash collections received in the mail for a given day. This document is called Cash receipt prelist.
A clerk is a person who works in an office, typically doing administrative or secretarial work. Clerks are often responsible for keeping records, filing documents, and performing other office tasks.
In some cases, clerks may also be responsible for customer service or sales. Clerks typically work in business or government offices, though they may also be found in other settings such as schools or hospitals.
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what is a sender receiver model?
Answer:
the sendor receivor model is an expansion of the shannon-weaver model of communication