Suppose a depositor at the bank writes a check for $19,000 to pay a contractor for some remodeling work done on her home. The contractor deposits the check in his bank (which is a different bank). What will Last National Bank's balance sheet look like after the check clears
Answers
The balance sheet of Last National Bank would show a decrease of $19,000 on both the asset and liability sides.
The balance sheet of Last National Bank would show a decrease of $19,000 on both the asset and liability sides. The check-clearing process is a crucial process for banks. The last national bank is the one under consideration of the balance sheet of Last National Bank would show a decrease of $19,000 on both the asset and liability sides.this question. The question is asking what the bank's balance sheet would look like after the check clears.
We know depositor in a bank wrote a check for $19,000 to pay a contractor who then deposited the check in his bank, which is a different bank. Therefore, the bank's balance sheet will change after the check clears, let's discuss it in more detail.
What is a Balance Sheet?
A balance sheet is a financial statement that displays a company's financial position at a given time. It gives a summary of the assets, liabilities, and equity of a business. A balance sheet is made up of two sides, the left-hand side displays the assets and the right-hand side displays the liabilities and equity. Suppose the contractor's bank cleared the $19,000 check from the depositor's account, the last national bank's balance sheet will have the following changes: There will be a decrease of $19,000 in the bank's cash account on the asset side of the balance sheet.
The bank's liability side of the balance sheet will decrease by $19,000, showing a decrease in the depositor's account balance since the money has left the depositor's account. The bank's reserve account at the Federal Reserve Bank (FRB) will decrease by $19,000 since the depositor's bank, which is a different bank, has cleared the check. Last National Bank's balance sheet would look like this;
Assets Cash $XOther assets
Total assets Liabilities
Deposits $XOther liabilities
Total equity Total liabilities and equity.
Therefore, the balance sheet of Last National Bank would show a decrease of $19,000 on both the asset and liability sides.
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Related Questions
The ratio of the net cash receipts of the project divided by the cash outlays of the project, enabling trade-off analysis to be made between competing projects, is often referred to as:
Answers
The ratio of the net cash receipts of a project divided by the cash outlays of the project is often referred to as the profitability index (PI). The PI allows for trade-off analysis between competing projects by comparing the present value of future cash inflows to the initial investment.
To calculate the profitability index, follow these steps:
1. Determine the net cash receipts for each period of the project. These are the cash inflows minus the cash outflows.
2. Calculate the present value of each net cash receipt using the appropriate discount rate.
3. Sum up the present values of the net cash receipts to obtain the total present value.
4. Divide the total present value by the initial cash outlay to obtain the profitability index.
The profitability index can help decision-makers evaluate the economic viability of different projects. If the PI is greater than 1, it indicates that the project is expected to generate positive net cash flows and may be considered for investment. On the other hand, if the PI is less than 1, it suggests that the project may not be economically feasible.
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List 3 ways you could decrease the total amount of money you pay for your mortgage.
Answers
By refinancing to a lower interest rate, dropping your mortgage insurance, extending the duration of your loan, looking around for a cheaper homeowners insurance rate, or contesting your property taxes, you may be able to reduce your mortgage payment.
What is Mortage Payment?A mortgage is a long-term loan made to assist you in purchasing a home. You are obligated to pay interest to the lender in addition to the principal. The house and the surrounding property act as collateral. However, you need to be aware of additional specifics if you want to buy a house. This idea also pertains to business, particularly in regard to fixed expenses and shutdown points.
Almost anyone who purchases a home has a mortgage. The subject of mortgage rates is routinely brought up in the nightly news, and speculating on the direction in which rates will go has become commonplace in the world of finance.
In order to aid the nation in overcoming the Great Depression, the government launched a mortgage program in 1934 that reduced the amount of a down payment needed for a home and increased the amount prospective homeowners could borrow. Before then, a down payment of 50% was needed.
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HELP PLEASE!
1. The Inca civilization's city of Machu Pichu is an example of...
exceptional creative skills
exceptional political skills
exceptional engineering skills
exceptional life skills
2. Before you start practicing as an architect, you must first be certified through:
the NCAA (the National College Athletics Association)
the NWAC (the Northwest Accreditation Committee)
the NCARB (the National Council of Architectural Registration Boards)
the ITSE (the International Technology Symposium of Engineers)
3. Some warehouses and factories may utilize the services of:
an artist
a digital animator
an architect
a meteorologist
4. Ancient architects have used the principles of design to build which of the following?
Homes
Public spaces
Temples & religious spaces
All of the answer choices are correct
5. When researching which career that interests you the most, why is it important to also consider the projected growth of the profession?
It reveals who your competition might be.
It reveals the possible number of jobs that will be available in the field.
It directly relates to how many professional friends you will be making in the future.
Projected growth has no relevance in today's society.
6. An architect will create a design taking into account which factors?
Type of software used to create the architectural design
The quality of paper on which the design is printed
The specific color codes used to indicate the structures in the local area
None of the answer choices are correct
7. Architectural firms bid on what type of projects?
Land excavation projects
Land reclamation projects
Urban space beautification projects
Government and private projects
8. To be an effective City Planner, you must have the ability to work with:
others as well as independently
both structural and mechanical engineers
water quality specialists and pollution controllers
Interior design firms and Urban Planners
9. The structures that a structural engineer designs and builds must take into account which of the following?
Weather
Traffic
Changes in temperature in the structure
All of the answer choices are correct
10. A city planner is responsible for developing effective plans for the development and use of land in which of the following places?
Urban regions
Metroplexes
Small Towns
All of the answer choices are correct
Answers
2.NCARB
3. An architect
4. All of the above
5. It reveals possible number of jobs
6. None of the above
7. Government and private projects
8. Others as well as indepently
9. Traffic
10. Urban regions
A special type of project team that focuses on the verse in designing a implement a new product is a
Answers
Answer:
Product development team.
Explanation:
Product development team is special type of team which is formulated for designing a product and implement a new product. The product development team is responsible for the research of the new product and then formulae design for the product and then implement the product.
Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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During World War II, many American companies focused on manufacturing materials for military use;
following the war and a return to a peacetime economy there was a resurgence in marketing research.
From the list below, identify which research strategy was introduced following World War II.
O very short surveys
O motivational research
customer rewards
O opinion polling
O focus groups
O experimental testing of products by consumers
Answers
American businesses specializing in producing supplies for the government have used customer incentives, motivational studies, and very brief surveys.
What is motivational research?The phrase "motivation research" is used to describe a variety of qualitative research techniques that were created to delve into consumers' minds and elucidate the hidden or subliminal motivations and objectives driving everyday consumption and purchasing habits. Marketing professionals benefit in a variety of ways from motivation research. They are able to adjust their marketing by better understanding why customers may or may not purchase their goods. The target market for various goods and services can also be determined with its assistance. Any letter of motivation should start out simply, mentioning the program you're applying for. Describe your future project's clear career purpose in the first place, as well as your selection of this specific PhD program.To learn more about motivational research refer to:
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Rolland Poust is a business student. Last semester, he took courses in statistics and accounting, three hours each, and earned an C in both. He earned a A in a five-hour history course and a B in a five-hour history of jazz course. In addition, he took a one-hour course dealing with the rules of basketball so he could get his licence to officiate high school basketball games. He got an A in this course. What was his GPA for the semester? (Round the final answer to 2 decimal places.)
GPA for the semester _______
Assume that he receives 4 points for an A, 3 for a B, and so on. What measure of central tendency did you just calculate?
Answers
The GPA for the semester is 2.92. The measure of central tendency is mean.
GPA stands for Grade Point Average. It is a calculation of your average grade point per semester. It reflects your academic performance over a given period of time. GPA is a metric used by schools, colleges, and universities to evaluate academic progress. The formula for calculating GPA is:
GPA = Σ(GPA * Credit hours) / ΣCredit hours
Given that, Rolland Poust took the following courses and scored grades:
Statistics (C) – 3 hours
Accounting (C) – 3 hours
History (A) – 5 hours
History of Jazz (B) – 5 hours
Basketball rules (A) – 1 hour
So, total credit hours = 3 + 3 + 5 + 5 + 1 = 17
Credit hours * Grades = Grade points in the respective courses
Grades are assigned points according to the following table:
A: 4 points
B: 3 points
C: 2 points
D: 1 point
F: 0 points
Grades Credit Hours Grade Points
Statistics (C)3*2=6
Accounting (C)3*2=6
History (A)5*4=20
History of Jazz (B)5*3=15
Basketball rules (A)1*4=4
Total 17 51
To calculate the GPA of Rolland Poust for the semester, use the formula:
GPA = (Σ Grade points) / Credit hours= (51) / 17= 2.92
In this question, the measure of central tendency is mean. Mean is a statistical measure that is used to calculate the average of a data set. It is also referred to as the arithmetic mean. Mean is calculated by dividing the sum of all values by the total number of values in a dataset.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
If you invest $50 at a stated annual rate of 10 percent compounded monthly, how much more money will you have in 10 years than if the rate was compounded annually
Answers
After ten years, you would have $161.05 if the rate was compounded yearly. You would have $172.17 after 10 years if the rate was compounded monthly, which is $11.12 more than if it were compounded yearly.
Compounded once a year:An interest rate calculation known as compounded annually involves calculating interest and annually adding it to the principle of a loan or investment. As a result, the interest that was generated during the previous year will be added to the principle, and all subsequent interest calculations will be made using the higher, new principal. Due to the larger returns it produces for the investor, this kind of compound interest accrual is the most often used method for determining interest rates on investments and loans.
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What is the equation of the line where the graph reflects with its inverse?
Answers
You can find the inverse of any function y=f(x) by reflecting it across the line y=x in the graph.
The inverse of any function y=f(x) can be found by reflecting the function across the line y=x in the graph. This means that all points (x,y) on the original graph will become (y,x) on the inverse graph. For example, if the original graph is y=2x+1, then the inverse graph will be x=2y+1.
This process can be applied to any function, no matter how complex, and can help to solve problems that require the inverse of a function. Additionally, reflecting a function across the line y=x can be a useful visual tool for understanding how the inverse of a function works.
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Course : Analyzing and Visualizing data
Please note what you’ve learned in the course and how you will
apply it to your work life. Also, note anything else of importance
regarding the course overall
Answers
Analyzing and Visualizing Data is a comprehensive course that aims to impart data analysis and data visualization skills to learners. It teaches you how to utilize tools such as R, Python, and Tableau to analyze data, extract insights, and visualize them. Below are some of the key concepts learned in this course that can be applied to the work-life:
1. Data Cleaning and PreprocessingIn data analysis, the data you're working with will most likely need to be cleaned and preprocessed to ensure the accuracy of the results. Data cleaning refers to the process of removing or correcting errors, incomplete data, or duplicate entries from your data set. The preprocessing involves the conversion of raw data into a form that is compatible with analysis tools.
2. Data VisualizationData visualization is a way of representing data in a graphical format to enhance its readability and make it easier to interpret. It is a critical tool for data scientists, business analysts, and researchers to communicate insights to stakeholders.
3. Data AnalysisThis course teaches you the basics of data analysis, which is the process of examining data sets to extract insights and find trends. The process involves several steps, including data cleaning, data wrangling, data exploration, and data visualization. It also covers techniques such as statistical analysis and machine learning algorithms. Overall, Analyzing and Visualizing Data is a valuable course that can be applied to many careers. The skills learned in the course are transferable to data-driven fields such as data analysis, business intelligence, machine learning, and more.
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Price ceilings are intended to address the problem of:.
Answers
Answer:
An attempt to keep prices low/from reaching equilibrium
Explanation:
A price ceiling does as the name suggests, sets a max price for a product. It is done in order to keep prices low. Effective price ceiling's will cause a shortage, as it prevents equilibrium.
When you seek to define an issue, you should try to frame it in positive terms.
Please select the best answer from the choices provided
Answers
Answer:
True.
Explanation:
The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.
The steps involved in the problem-solving process are;
1. Identify and define the problem: this is the first step to be taken in solving a problem. This is to ensure that, the focus is on the main issue or situation (goal) and all efforts is channeled in the right direction rather than the symptoms.
2. Gathering of information: this helps to consider the options available in solving a problem effectively.
3. Consider your options: this helps to compare the available and viable solutions to the problem.
4. Weigh disadvantages and evaluate a solution: you weigh the disadvantages of each solution, before choosing the one with the least disadvantages.
In the problem-solving process used for making decisions, you should try to frame any issue (problem) in positive terms when you seek to define it because that would help you to quickly proffer solutions and think in the right direction.
which of the following factors are likely to strengthen a diverse family?
1. Family using their gadgets during breakfast
2. Family playing in the park
3. Mother busy on her laptop ignoring her daughter
4. Farther explaining family traditions to son
Answers
Answer:
Explanation:
For all Plato users
Whenever inflation rates are overestimated for the life of a loan, creditors lose and debtors gain.
(True or False)
Answers
True. If inflation rates are overestimated for the life of a loan, creditors lose and debtors gain. This is because creditors are lending money at a certain interest rate based on an assumed inflation rate, which is the expected increase in prices over time.
When inflation rates are overestimated for the life of a loan, creditors (lenders) lose and debtors (borrowers) gain. This is because inflation erodes the purchasing power of money over time. If inflation rates are overestimated, the actual inflation experienced turns out to be lower than expected. As a result, the real value of the money borrowed decreases, benefiting the debtor.
For example, if a borrower takes out a fixed-rate loan with an interest rate that incorporates an overestimated inflation rate, they effectively repay the loan with money that has a higher purchasing power than anticipated. In other words, they are repaying the loan with "cheaper" dollars. On the other hand, the lender receives back money with less purchasing power than they anticipated when lending the funds, resulting in a loss.
Inflation expectations play a crucial role in financial transactions, particularly in long-term loans or contracts. If inflation turns out to be lower than expected, it can lead to a redistribution of wealth from creditors to debtors. However, if inflation is higher than anticipated, the opposite situation occurs, with creditors benefiting and debtors facing increased repayment burdens.
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Some identity thieves may use your Social Security number to obtain government benefits,
OA True
OB, False
Answers
Answer:
True
Explanation:
Your social security number overall describes who you are and your citizenship. If someone could get a hold of your SSN, they could do an number of things that are far worse then mere identity theft. If given the chance, they could even file for unemployment or Social Security benefits. This means that by using your identity, they are illegally gaining funds through government benefits. This crime is known as fraud.
A manufacturer has a production facility that requires 18,943 units of component JY21 per year. Following a long-term contract, the manufacturer purchases component JY21 from a supplier with a lead time of 6 days. The unit purchase cost is $33.3 per unit. The cost to place and process an order from the supplier is $164 per order. The unit inventory carrying cost per year is 12.1 percent of the unit purchase cost. The manufacturer operates 250 days a year. Assume EOQ model is appropriate. If the manufacturer uses a constant order quantity of 1,646 units per order, what is the annual inventory cost? Use at least 4 decimal places
Answers
A manufacturer needs 18,943 units of component JY21 per year. They purchase this component from a supplier with a lead time of 6 days. The unit purchase cost is $33.3, and the cost to place and process an order is $164. The manufacturer operates for 250 days a year and uses a constant order quantity of 1,646 units.
Given data:
Annual demand for component JY21: 18,943 units per year
Lead time: 6 days
Unit purchase cost: $33.3 per unit
Cost to place and process an order: $164 per order
Unit inventory carrying cost per year: 12.1% of the unit purchase cost
Number of operating days per year: 250 days
First, we can calculate the number of orders placed per year:
Number of orders per year = Annual demand / Order quantity
Number of orders per year = 18,943 / 1,646
Number of orders per year = 11.498 (rounded to 3 decimal places)
Next, we can calculate the annual ordering cost:
Annual ordering cost = Number of orders per year * Cost per order
Annual ordering cost = 11.498 * $164
Annual ordering cost = $1,884.472 (rounded to 2 decimal places)
Now, let's calculate the average inventory level:
Average inventory level = Order quantity / 2
Average inventory level = 1,646 / 2
Average inventory level = 823 (rounded to the nearest whole number)
The carrying cost per unit can be calculated as:
Carrying cost per unit = Unit purchase cost * Carrying cost percentage
Carrying cost per unit = $33.3 * 0.121
Carrying cost per unit = $4.0313 (rounded to 4 decimal places)
The annual carrying cost can be calculated by multiplying the carrying cost per unit by the average inventory level:
Annual carrying cost = Carrying cost per unit * Average inventory level
Annual carrying cost = $4.0313 * 823
Annual carrying cost = $3,322.7827 (rounded to 4 decimal places)
Finally, we can calculate the total annual inventory cost by summing the annual ordering cost and the annual carrying cost:
Total annual inventory cost = Annual ordering cost + Annual carrying cost
Total annual inventory cost = $1,884.472 + $3,322.7827
Total annual inventory cost = $5,207.2547 (rounded to 4 decimal places)
Therefore, the annual inventory cost for the manufacturer using a constant order quantity of 1,646 units per order is approximately $5,207.2547.
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why is self-representation important in the corporate world?
Answers
The correct answer is A. It determines the kind of interaction you have with your coworkers.
What is self-representation?Self-representation is the word used to describe people's conceptions, ideas, and beliefs about themselves and how these ideas, beliefs, and conceptions affect the way they present themselves to others.Additionally, one's self-perception affects attitudes, behaviors, and interactions with others. For instance, if you think of yourself as superior to others, you probably have arrogance, which will negatively affect your dealings with others. This is especially important in the business environment because it may have an impact on relationships with colleagues. This states that self-representation is crucial because "it controls the interactions you have with your coworkers." A is the right response. Your interactions with coworkers are influenced by it.The complete question is,
Why is self-representation important in the corporate world?
a. It determines the kind of interaction you have with your coworkers.
b. It determines the percentage of salary increases during appraisals.
c. It shows that you are an honest person with strong work ethics.
d. It shows your self-management abilities.
e. It helps you avoid conflicts
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Appraisers rely on recently completed transactions of similar properties to guide their selection of the cap rate to be used to value a single property. The method of estimating a cap rate from a series of comparable properties is more commonly referred to as:____.
a. terminal capitalization.
b. indirect capitalization.
c. direct market extraction.
d. overall capitalization.
Answers
Answer: direct market extraction
Explanation:
The method of estimating a cap rate from a series of comparable properties is more commonly referred to as Indirect capitalization. The correct option is b. indirect capitalization.
Indirect capitalization is the method of estimating a capitalization rate (cap rate) by analyzing recently completed transactions of comparable properties. This approach involves examining the income and sales data of similar properties to determine the prevailing market cap rate.
The cap rate is the ratio between the net operating income (NOI) generated by a property and its market value. By analyzing the cap rates of comparable properties, appraisers can derive an appropriate cap rate to value a single property based on its income potential.
Indirect capitalization is a widely used technique in real estate appraisal as it provides a reliable means to estimate property values based on market trends and comparable sales data.
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Which of the following is an example of a game where the customer can choose their own numbers
Answers
The game where players are allowed to pick their own numbers is the game of Mega-Millions.
What is Mega-Millions?This is a type of lottery game that is available in several countries around the world and involves players picking certain numbers to stand a chance to win some money.
The players get to choose the numbers they believe will be lucky and then there is a draw. If their numbers are selected, they stand a chance to win.
Options for this question were:
a. Quick Pick game.
b. Mega Millions.
c. Instant Scratch-Off game.
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how many months weeks days are in 157 days?
Answers
An individual used Maslow’s work as the basis for his own work defining two different types of managers. Who is it?
Answers
Answer:
Douglas McGregor
Explanation:
Douglas MacGregor is widely known for his theories termed as Theory "X and Theory " Y". In his attempt to derive at this theory, he utilized Maslow’s work as the basis for his own work defining two different types of managers.
Douglas MacGregor is also considered as a social psychologist who focused on management in business-related issues.
Hence, the right answer is Douglas MacGregor
A graphic organizer is a visual representation.
Please select the best answer from the choices provided
•T
•F
Answers
The given statement "A graphic organizer is a visual representation" is True because graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts.
A graphic organizer is a visual representation that helps individuals organize information in a clear and concise manner. This can be in the form of a diagram, chart, or other types of visual aids that make it easier to understand complex concepts or ideas. Graphic organizers can be used in various contexts, such as in educational settings to help students understand and remember important information, or in business, settings to help individuals organize their thoughts and ideas for presentations or reports.
One of the benefits of using graphic organizers is that they make it easier to identify relationships between different pieces of information. By visually organizing data, it becomes easier to see connections and patterns that may not be immediately apparent when looking at raw data. Additionally, graphic organizers can be customized to suit specific needs, making them a flexible tool for a variety of tasks.
Overall, graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts. Whether you are a student, educator, or professional, incorporating graphic organizers into your workflow can help you better organize and understand complex information.
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An investor wants to invest $20,000 but anticipates needing those funds in five years for a business investment. Currently, with inflation rising, the government is expected to take action to push interest rates up to reduce the money supply. Given these conditions, which of the following securities would be the least suitable for this investor who needs a specific amount of money in five years?
a. Zero-coupon bond maturing in 4 years
b. U.S. Treasury bonds maturing in 6 years
c. Corporate bonds maturing in 5 years
d. Zero-tranche CMO with estimated 5 years life
Answers
Answer:
D. Zero-tranche CMO with estimated 5 years life
Explanation:
Select the correct answer.
What is the purpose of a 1098 tax form?
ОА.
to report interest income from bank accounts
OB.
to report dividends or capital gains from stock investments
Ос. .
to report federal income taxes withheld by an employer
OD.
to claim qualified expenses such as deductions or credits
O E.
to correct mistakes on an already filed tax return
Reset
Next
Answers
Answer:
D. to claim qualified expenses such as deductions or credits
Explanation:
To find - What is the purpose of a 1098 tax form?
Solution -
The correct option is - D. to claim qualified expenses such as deductions or credits
Reason -
Form 1098 T tuition statement is an american IRS tax form filed bu eligible educational institutions(or those filing on the institutional's behalf)
To report payments received and payments due from the paying students.
The institution has to report a form for every student that is currently enrolled and paying qualifying tuition and related expense.
The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.
Answers
yes, no matter what company say, they need money for funding for "social change"
Okay, how many weeks would you have to work to pay for Gary’s $1200 mistake?
Answers
Answer:
i thinks its 1 year huhuhuh
an organization's ________ goals are official statements of what an organization says, and what it wants its stakeholders to believe its goals are.
a. implicit
b. stated
c. authentic
d. real
Answers
An organization's stated goals are official statements of what an organization says, and what it wants its stakeholders to believe its goals are.
Stated goals refer to the formal and publicized objectives that an organization communicates to its stakeholders, such as employees, customers, investors, and the general public. These goals are typically expressed in official documents like mission statements, vision statements, and strategic plans. Stated goals are important for setting a direction for the organization and shaping the perceptions and expectations of its stakeholders.
The purpose of stated goals is to provide a clear and coherent message about the organization's intentions and aspirations. They are often designed to inspire confidence, attract support, and guide decision-making within the organization. However, stated goals may not always align with the authentic or real goals of the organization. While organizations may publicly state certain goals, the actual goals and priorities pursued by the organization may differ due to various factors, such as internal dynamics, external pressures, or changing circumstances. Therefore, it is important to consider both the stated goals and the actions of the organization to gain a comprehensive understanding of its true intentions and objectives.
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90 + 150 is what
a 140
b 240
c 350
d150
Answers
Answer:
B 240
Explanation:
As part of an EHR system selection, due diligence should be done:
a. After installing an EHR to test for acceptance
b. Before contracting for an EHR product
c. During system build to check interface quality
d. Prior to any user authorization for access to data
Answers
b. Before contracting for an EHR product. Due diligence should be performed before contracting for an Electronic Health Record (EHR) product.
This is a critical step in the EHR system selection process to ensure that the chosen EHR meets the organization's requirements and is capable of supporting its workflows and needs.
Performing due diligence before contracting involves conducting a thorough evaluation of the EHR vendor and their product. This includes assessing the vendor's financial stability, reputation, experience in the healthcare industry, customer references, and compliance with regulatory requirements such as HIPAA. It also involves evaluating the EHR system's functionalities, features, usability, interoperability, data security measures, and scalability.
By conducting due diligence before contracting, organizations can mitigate risks and make informed decisions. It allows them to select an EHR system that aligns with their specific needs, budget, and long-term goals. This step ensures that the organization enters into a contract with a reliable vendor and minimizes the chances of facing issues and challenges during implementation and use of the EHR system.
Therefore, option b. Before contracting for an EHR product, is the correct answer.
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