The statement that intangible assets are never amortized and are tested annually for impairment is true. It is because intangible assets are non-physical assets that have no physical substance, and they are classified as long-term assets.
Intangible assets include patents, copyrights, trademarks, goodwill, and brand recognition, among others. They are expected to provide benefits to the company for an extended period, usually more than one year.
Unlike tangible assets such as equipment or land, intangible assets are not easily measurable, and their values can be subjective. As a result, accounting for intangible assets can be challenging.
The process of amortization is used to allocate the cost of an intangible asset over its useful life. However, intangible assets have an indefinite useful life or a life that exceeds the economic life, making it difficult to estimate their useful life.
As a result, they cannot be amortized. Instead, the intangible assets are tested annually for impairment. Impairment refers to a significant reduction in the asset's fair value. An asset is impaired if the recoverable amount is lower than the carrying amount.
If an intangible asset is impaired, the company must write it down to its fair value, and the impairment loss is recorded on the income statement. Therefore, the statement that intangible assets are never amortized and are tested annually for impairment is true.
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courts impose strict liability in tort for activities such as transporting and using explosives and poisons. these are referred to as
Courts impose strict liability in tort for activities such as transporting and using explosives and poisons. these are referred to as a legal doctrine. Strict liability is a legal doctrine that imposes liability without fault.
Strict liabilities apply in tort law, whereby someone who is found liable must pay damages, even if they were not at fault. Courts impose strict liability in tort for activities such as transporting and using explosives and poisons. These are referred to as "ultra-hazardous activities" or "abnormally dangerous activities".
This is because they carry an inherent risk of causing severe harm or death to people, animals, and property. The person or entity responsible for carrying out these activities must take special precautions, even if it is not their fault that something went wrong. This means that they are liable for any damages that result from their activities, regardless of whether or not they were negligent.
The rationale for this doctrine is that the potential harm is so great that the person or entity responsible for carrying out the activity must bear the risk.
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manufacturing networked cyber physical systems/iot provides a service to your organization and they claim that their service will be available four nines (99.99% up in a year) throughout the year for entire agreement/contracting period. what will be the typical minimum down time of their service based on this given agreement information?
The typical minimum down time of the manufacturing networked cyber physical systems/iot service based on the given agreement information is 52.56 minutes.
Explanation:Four nines (99.99% up in a year) means the manufacturing networked cyber physical systems/iot service will be down or unavailable for 0.01% of the time in a year.The total number of minutes in a year = 365 * 24 * 60 minutes = 525600 minutes
Therefore, the service will be available for 525600 * 0.9999 = 525475.44 minutes in a year.The down time or unavailability of service = 525600 - 525475.44 = 124.56 minutes.Typical minimum down time = 0.01% of 525600 minutes= (0.01/100) * 525600 minutes= 52.56 minutes.
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adam files suit against brad and dot, asserting negligence. assess the argument that adam assumed the risk against brad? against dot?
Adam will need to provide evidence that he was not aware of any danger that Brad and Dot may have created and that he did not assume the risk in order to win his case.
Adam has filed a lawsuit against Brad and Dot, alleging negligence. In order to assess the argument that Adam assumed the risk against Brad and Dot, it is important to understand the concept of assumption of risk. In order for a plaintiff to assume the risk, they must have voluntarily and intentionally exposed themselves to a dangerous condition. Therefore, to determine whether Adam assumed the risk, we need to look at the facts of the case.
As to Brad, Adam would need to prove that he did not assume the risk in order to win his case. If Adam was aware of the risk but chose to take it anyway, Brad would be not liable. As to Dot, Adam would need to show that Dot was negligent and that Adam was not aware of the risk and did not assume it.
Ultimately, Adam will need to provide evidence that he was not aware of any danger that Brad and Dot may have created and that he did not assume the risk in order to win his case. Whether or not Adam has assumed the risk is dependent on the facts of the case, so it is important to assess the situation carefully.
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a manufacturer purchased $15,000 worth of equipment with a useful life of six years. assuming 9% interest, the equivalent uniform annual cost of the equipment is
The equivalent uniform annual cost of the equipment, assuming 9% interest, if a manufacturer purchased $15,000 worth of equipment with a useful life of six years is $3,230.26.
What is the Equivalent Uniform Annual Cost (EUAC)?
The equivalent uniform annual cost (EUAC) is the present value of a project's annual costs, determined using a fixed real discount rate or cost of capital, divided by the present value of the expected future cash flows.
It is also known as the annualized cost or present worth cost. The EUAC is used to compare alternative projects or alternatives within a project when the lifespan or horizon is uneven.
It measures the capital recovery cost per year plus interest on capital remaining invested in the project. It is calculated as follows:
EUAC = (A/P, i, n) + (i x NPW)
Where:
NPW = Present worth of costs.
A/P, i, n = The annual payment factor
i = Discount rate or cost of capital
n = The life of the project.
A/P, i, n is the annual payment amount at i interest rate for n number of years; i x NPW is the sum of interest on the remaining invested capital.
Step-by-step explanation:
A = 15000
n = 6
i = 9%
$\large\frac{i}{100}$ = 0.09
Present worth = A(P/F, i, n) = 15000(P/F, 9%, 6) = 15000 x 0.5584 = 8376
Annual payment (A) = P(A/F, i, n) = 8376(A/F, 9%, 6) = 1631.86
EUAC = (A/P, i, n) + (i x NPW) = (1631.86 / 0.5584) + (0.09 x 8376 / 0.5584) = 2926.40 + 303.86 = 3,230.26
Therefore, the equivalent uniform annual cost of the equipment, assuming 9% interest, if a manufacturer purchased $15,000 worth of equipment with a useful life of six years is $3,230.26.
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49. which statement best describes the term quality assessment (qa)? qa is the overall process of guaranteeing quality patient care. qa is the process of assuring acceptable standards are met for all procedures performed. qa is the review of all quality system essentials (qses). qa is the process of documenting quality control activities.
The statement that best describes the term Quality Assessment (QA) is B. QA is the process of assuring acceptable standards are met for all procedures performed.
Quality Assessment is a systematic process used to evaluate and ensure that the products, services, or processes meet specified quality standards. It involves monitoring, measuring, and analyzing the various aspects of a process to ensure that it is being carried out effectively and efficiently. In the context of healthcare, Quality Assessment focuses on patient safety and care, and aims to improve the overall experience for patients.
By implementing QA, healthcare providers can identify areas that need improvement and take corrective actions to address any issues. This could include modifying protocols, retraining staff, or updating equipment and facilities. QA is an essential aspect of any industry, as it helps to maintain a high level of quality and customer satisfaction. Organizations use QA to prevent errors, reduce costs, and increase efficiency. By consistently meeting and exceeding quality standards, organizations can build a strong reputation and foster customer loyalty.
In summary, Quality Assessment is the process of ensuring that acceptable standards are met for all procedures performed. It involves monitoring, measuring, and analyzing various aspects of a process to ensure its effectiveness and efficiency, ultimately leading to improved customer satisfaction and overall success of an organization. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
which statement best describes the term quality assessment (QA)?
A. QA is the overall process of guaranteeing quality patient care.
B. QA is the process of assuring acceptable standards are met for all procedures performed.
C. QA is the review of all quality system essentials (QSEs).
D. QA is the process of documenting quality control activities.
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along with listing your responsibilities on your resume, what should you emphasize for the audience to see?
When emphasizing responsibilities on a resume, it's important to highlight specific achievements and outcomes to demonstrate your skills and qualifications. Use specific numbers and action verbs, tailor your resume to the job, be concise, and highlight transferable skills to make it stand out.
When emphasizing your responsibilities on a resume, it's important to focus on the specific achievements and outcomes you have accomplished in those roles. This can help demonstrate your skills and qualifications, and show how you have added value to previous organizations.
Here are a few tips to help you emphasize your achievements on a resume:
Use specific numbers and data: Use specific numbers and data to highlight your accomplishments. For example, if you were in a sales role, you might mention that you increased sales by 25% over the course of a year.Use action verbs: Use action verbs to describe your responsibilities and accomplishments. This can help make your resume more dynamic and engaging. For example, instead of saying "responsible for managing a team," you might say "led a team of 10 employees to exceed sales targets."Tailor your resume to the job: Make sure your resume is tailored to the specific job you are applying for. This can help ensure that you highlight the most relevant skills and experiences for that role.Be concise: Try to be as concise as possible when describing your achievements. Use bullet points to make it easier to read and scan.Highlight transferable skills: If you're transitioning to a new role or industry, make sure you highlight any transferable skills or experiences that could be relevant to the new position. This can help demonstrate your ability to adapt and learn quickly.Learn more about responsibilities: https://brainly.com/question/28727795
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tennis rackets and ballpoint pens are: group of answer choices substitute goods. complementary goods. inferior goods. independent goods.
These goods are considered inferior because they are of lower quality or have fewer features than the preferred brands, but they are more affordable and can help people stretch their budgets further.
Tennis rackets and ballpoint pens are examples of independent goods because they are not related to each other. A change in the price or demand of one will not significantly affect the price or demand of the other.
In contrast, substitute goods are close enough substitutes that they can be used in place of one another. For example, if the price of one brand of tennis racket increases significantly, consumers may choose to purchase a different brand that is cheaper or of comparable quality.
Similarly, if the price of ballpoint pens increases, consumers may choose to purchase a different type of pen or writing instrument.
Complementary goods are goods that are typically bought and used together. For example, tennis rackets and tennis balls are complementary goods because they are often used together for playing tennis. Another example is coffee and cream, as many people prefer to add cream to their coffee.
Inferior goods are goods that people tend to buy more of when their incomes decrease. For example, if someone's income decreases, they may choose to buy cheaper brands of food or clothing, rather than their preferred brands.
These goods are considered inferior because they are of lower quality or have fewer features than the preferred brands, but they are more affordable and can help people stretch their budgets further.
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What is the rate of return when 15 shares of Stock A, purchased for $30/share, are sold for $500? The commission on the sale is $6. Rate of Return = [?] % Give your answer as a percent rounded to the nearest tenth.
In the given problem on rate of returns, rounding to the nearest tenth, the rate of return is approximately 1542.1%.
How to Calculate Rate of Returns?To calculate the rate of return, we need to determine the total cost of the investment (including commission) and the total proceeds from the sale of the shares (minus commission), and then calculate the percentage change between the two.
The total cost of the investment is:
15 shares x $30/share = $450
Commission on sale = $6
Total cost = $450 + $6 = $456
The total proceeds from the sale of the shares are:
15 shares x $500/share = $7,500
Commission on sale = $6
Total proceeds = $7,500 - $6 = $7,494
The profit on the investment is:
Total proceeds - Total cost = $7,494 - $456 = $7,038
The rate of return is then:
Profit / Total cost x 100% = $7,038 / $456 x 100% ≈ 1,542.1%
Rounding to the nearest tenth, the rate of return is approximately 1542.1%.
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what is the most common pay policy by utilized employers? why? does the pay policy utilized depend on circumstances faced by the employer? why and which ones?
The most common pay policy utilized by employers is hourly wages. Employers use the hourly wage system because it is easy to use, and workers are paid according to the number of hours they work.
What is the Hourly wage system?
The hourly wage system provides an incentive to employers to utilize more workers and to pay them based on the number of hours they work, rather than a fixed salary. It also allows employers to easily adjust the pay rate according to the circumstances they face, such as a shortage of workers or changes in the labor market.
The pay policy utilized by employers depends on the circumstances they face. For example, if an employer is looking for skilled workers, they may use a merit-based pay system that rewards workers based on their skills and performance. If an employer is experiencing financial difficulties, they may use a commission-based pay system to encourage workers to increase sales.
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emma's initial license was effective on october 30th of 2020. what is the date of her first license renewal? march 31st, 2022
Emma's initial license was effective on October 30th of 2020. Her first license renewal date is on March 31st, 2022.
She has to renew it within the required time limit to continue working in her field. To avoid lapses in licensing, she must renew it as soon as possible. Emma's initial license was effective on October 30th of 2020. Her first license renewal date is March 31st, 2022.
She must renew her license before it expires to avoid interruptions in her profession, so it is necessary that she renews her license before the due date.
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the combination of turning existing cultulra items into a form that did not exist before is referred to as innovation
Innovation is defined as the act or process of introducing something new, creative, or original. The combination of turning existing cultural items into a form that did not exist before is referred to as innovation.
What is innovation?
Innovation refers to the process of turning new ideas into new or improved products or services. Innovation is the process of bringing ideas to life. Innovation is critical to a company's growth, survival, and success because it can lead to increased market share, lower costs, and increased profits.
Innovation is a method for achieving competitiveness by transforming existing products and services. Innovation occurs when existing products are transformed to provide new features, applications, or new customer experiences.
Innovation does not imply a need to create something completely new. Instead, it implies making things more efficient, easy to use, and more appealing to consumers. For example, a business might utilize social media marketing or produce new variations of existing products to keep up with the latest trends.
The combination of turning existing cultural items into a form that did not exist before is referred to as innovation. Innovation often entails utilizing new technologies to increase efficiency, profitability, and productivity.
Innovation can refer to the development of new ideas, methods, or technologies or the adaptation of existing technologies to meet new demands or requirements.
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sharp edges is a national barber shop chain. sleepy time is a company that designs and sells loungewear. how will the two businesses differ from each other?
A way in which the two businesses differs from each other is that ice Sharp Edges will be more capable of customizing its products when compared to Sleepy Time. The Option A is correct.
Why are some business good in customizing its products than others?Some businesses are better at customizing their products than others because they have developed the necessary capabilities and resources to effectively manage customization. This can include having a flexible production system, skilled and adaptable workforce, a strong understanding of customer needs, and efficient communication and collaboration with suppliers and partners.
Most often, the businesses that prioritize customization also tend to have a culture of innovation and a willingness to invest in new technologies, processes, and skills to support their customization efforts.
Full question "Sharp Edges is a national barber shop chain. Sleepy Time is a company that designs and sells loungewear. How will the two businesses differ from each other? Multiple Choice Sharp Edges will be more capable of customizing its products when compared to Sleepy Time Sharp Edges will be able to keep its output standardized, whereas Sleepy Time will not. Sharp Edges wiil have less contact with its customers when compared to Sleepy Time Sharp Edges will be able to incorporate quality stancards, whereas Sieepy Time will not Sharp Eoges, untike Sieepy Time, will not produce its output at the point of corisumption."
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What actions can reduce the chances of an IRS audit?
While you should continuously report 100 percent of your income, you can abstain from detailing excessive losses by lessening the number of deductions you claim.
An IRS audit is a survey/assessment of an association's or alternately person's records and financial information to guarantee the information is accounted for accurately as indicated by tax laws and to verify the detailed measure of tax is right.
Understanding the different kinds of IRS audits can assist you with taking care of them.
A correspondence audit is taken care of through letters. The most straightforward sort simply says you owe more funds. A more serious sort requests documents, ordinarily to help a derivation.
In an office audit, the IRS requests to meet with you in person regarding specific things on your return.
In a field audit, an IRS specialist comes to your home, your business environment if you're the proprietor or your bookkeeper's office to do an overall assessment of your records.
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on may 1, doormart received an order from a customer. the goods were shipped fob shipping point on may 3. the customer received the goods on may 5 and paid for the merchandise on june 1. when should doormart record the sale? multiple choice question. june 1
Doormart should record the sale of the merchandise on May 3, the date when the merchandise was shipped.
On May 3, Doormart shipped the merchandise to the customer. The term "FOB shipping point" means that the customer takes ownership of the merchandise once it leaves Doormart's warehouse. This means that the sale is considered complete once the merchandise is shipped, and Doormart should record the sale on May 3.
The customer received the merchandise on May 5. This is not relevant for when Doormart should record the sale because the sale was already completed when the merchandise was shipped.
The customer paid for the merchandise on June 1. This means that the payment was made after the sale was completed. However, this does not change when Doormart should record the sale. The sale was already completed on May 3, and Doormart should record the sale on that date.
This is because the sale was completed once the merchandise left Doormart's warehouse, as indicated by the FOB shipping point terms.
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explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.]
The global expansion of organizations has had a significant impact on society. With the increased globalization of business, organizations are able to operate in multiple countries, providing employment opportunities in different cultures, expanding transportation and infrastructure, and creating environmental impacts.
Companies can now hire workers from a wider range of backgrounds and experiences since they have access to a greater talent pool. As a result, the workforce is now more inclusive and varied.
Likewise, businesses can transfer goods and services across international borders swiftly and effectively by utilizing transportation networks.
A global economy has been established as a result, giving businesses access to new markets and clients.
Last but not least, because of increased production and consumption, which has led to pollution and other environmental problems, organizations have had a huge impact on the environment.
Companies must exercise caution in order to prevent having a detrimental effect on society as a result of their worldwide expansion.
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what is the npv of a project that costs $100,000 and returns $50,000 annually for 3 years if the opportunity cost of capital is 14%? (round your answer to two decimal places).
the NPV of the given project is $1608160if the opportunity cost of capital is 14%.
The Net Present Value (NPV) of the project is calculated by taking the present value of the future cash flows and subtracting the initial investment.
PV = FV/(1+r)^t
Add up the costs and the PV of the returns:
=-100000 + 50000/(1+0.14)^1 50000/(1+0.14)^2 + 50000/(1+0.14)^3
= 16081.60
Therefore the NPV of the project will be 16081.60
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camille's coffee shop has a very small share of the market and has no plans for growth. according to the bcg matrix, this business is a .
Camille's Coffee Shop has a very small share of the market and no plans for growth, according to the BCG matrix, this business is a cash cow.
A cash cow is a business with a relatively low market share, but one that generates a steady and significant amount of cash flow. This is generally because the company's products are established and generate a reliable stream of revenue.
The company does not need to invest heavily in marketing or innovation, as it enjoys a safe profit margin and needs only to keep operations running efficiently.
As Camille's Coffee Shop has a small market share and no plans for growth, it is likely to remain a cash cow.
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f a hiring manager is unhappy that the staffing system requires her to take two hours of her limited time to interview each candidate, which staffing goal is not being met?
If a hiring manager is unhappy that the staffing system requires her to take two hours of her limited time to interview each candidate, the staffing goal that is not being met is efficiency. What is a staffing system? A staffing system is a process in which an organization conducts its staffing activities. Staffing is the process of attracting and selecting candidates who are well-suited for a specific job.
Staffing is the process of bringing together the right individuals for a specific job or position. It includes workforce planning, job analysis, employee recruitment, employee selection, and orientation. The staffing process is designed to ensure that the company has the best employees possible to achieve its objectives. Effective staffing necessitates determining the correct number of employees, hiring the correct people, and developing their abilities in the context of the organization's business plan.
What is a staffing goal? Staffing goals are the long-term objectives of a company's staffing activities. They're designed to ensure that the company's staffing activities are successful. To be effective, a company's staffing goals should be relevant to the company's overall strategic plan. Staffing goals should be realistic and attainable. These objectives should be determined based on the company's business plan, the industry in which it operates, and its long-term strategic goals.
The following are some of the primary staffing goals: Efficiency: The efficiency of the staffing system is determined by how quickly the organization can fill open positions with qualified candidates. Quality: The quality of the candidates that the organization hires is critical. The company's long-term success is dependent on having high-quality employees in key positions. Affordability: The cost of hiring and training employees should be affordable for the organization. The staffing system should be fair, impartial, and in compliance with applicable employment laws.
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for an actual economy, total expenditures on goods and services by households does not equal gdp because
For an actual economy, total expenditures on goods and services by households do not equal GDP because GDP is the measure of the market value of all goods and services produced within a country's borders during a specific period.
It is the sum of private consumption, government spending, investments, and net exports.GDP measures the country's economic output, while total expenditures on goods and services by households measures the total spending of households on consumer goods and services. There are two ways to measure GDP, and both of them focus on the production of goods and services, not the spending of households.Firstly, GDP can be measured by adding up all the value of the goods and services produced in a country during a specific period. This is the output approach to measuring GDP. It involves measuring the market value of all goods and services produced within a country's borders during a specific period.
Secondly, GDP can be measured by adding up all the income earned by people and companies in a country during a specific period. This is the income approach to measuring GDP. It involves measuring the total income earned by households and companies in a country during a specific period.The expenditures approach, which focuses on the spending of households on goods and services, is not used to measure GDP. The reason is that it does not capture all the goods and services produced in a country during a specific period.
For instance, if a country produces goods and services that are not consumed by households, such as government services or investments, they will not be included in the expenditures approach to measuring GDP.In conclusion, total expenditures on goods and services by households do not equal GDP in an actual economy because GDP is the measure of the market value of all goods and services produced within a country's borders during a specific period, and not the spending of households on consumer goods and services.
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what is the best way to foster strong organization change and commitment includes all of the following excepta. Instill a broader perspective in employees’ connection to their work b. Focus on a holistic perspective on change c.Communicate and elicit ideas from employees about the changed. Offer financial incentives for employee compliance
The best way to foster strong organization change and commitment includes all of the following except offering financial incentives for employee compliance. The correct option is d) Offer financial incentives for employee compliance.
The other three options are instilling a broader perspective in employees’ connection to their work, focusing on a holistic perspective on change, and communicating and eliciting ideas from employees about the change. Instilling a broader perspective in employees’ connection to their work involves helping employees understand how their work fits into the bigger picture of the organization's goals and mission.
This can help employees feel more invested in their work and committed to the organization's success.
Focusing on a holistic perspective on change involves considering all aspects of the organization when making changes, rather than just focusing on one department or area. This can help ensure that the change is successful and sustainable.
Communicating and eliciting ideas from employees about the change involves involving employees in the change process by asking for their input and ideas. This can help employees feel more invested in the change and committed to its success.
Offering financial incentives for employee compliance is not the best way to foster strong organization change and commitment. While financial incentives can be effective in motivating employees in some situations, they are not always the best way to encourage commitment to change. In fact, relying too heavily on financial incentives can lead to a culture of compliance rather than one of commitment.
Overall, the best way to foster strong organization change and commitment is to take a holistic approach that involves instilling a broader perspective in employees’ connection to their work, focusing on a holistic perspective on change, and communicating and eliciting ideas from employees about the change.
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Complete Question
what is the best way to foster strong organization change and commitment includes all of the following except
a. Instill a broader perspective in employees’ connection to their work
b. Focus on a holistic perspective on change
c. Communicate and elicit ideas from employees about the changed.
d. Offer financial incentives for employee compliance
in the event a policy lapses due to nonpayment of premium, within how many days would the policy be automatically reinstated once the outstanding premium is paid?
When a policy lapses due to nonpayment of premium, the policy is automatically reinstated within 45 days once the outstanding premium is paid. This reinstatement is called an automatic reinstatement.
What is a policy lapse?
A policy lapse refers to the cancellation of a life insurance policy due to nonpayment of premiums. The policy will be terminated if you fail to make payments on your insurance policy.
The policyholder will lose coverage as a result of this. The policy lapse could result in the policyholder's loss of benefits and any cash value that has accumulated.
When does automatic reinstatement of policy happen? In the event of a policy lapse due to nonpayment of premiums, the policy will be automatically reinstated within 45 days if the outstanding premium is paid.
If the policy is not reinstated within this period, it will have to be reinstated manually, which will entail a lot of procedures and waiting periods.
Automatic reinstatement is a term used in the insurance industry to describe the act of automatically reinstating a life insurance policy after a lapse due to non-payment of premiums.
When an automatic reinstatement occurs, it ensures that the policyholder does not lose their life insurance policy permanently because of non-payment of premiums.
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how build a fundamental analysis economic competitive to determine value created when combining companies in the market together
The process of building a fundamental analysis to determine the economic value created when combining two companies in the market together is a complex one.
The first step is to conduct a financial analysis to determine each company's current market value. This can be done through a variety of techniques, such as examining each company's financial statements and balance sheet, comparing their performance against industry averages, and evaluating their competitive position within the market.
The second step is to identify potential areas of synergy between the two companies, such as the ability to reduce costs or increase profits. The third step is to calculate the combined economic value of the two companies, taking into account the estimated cost savings and other synergies.
Finally, the fourth step is to compare the economic value created by the merger to the cost of the merger itself to determine if the deal is worthwhile. By following this process, businesses can gain insight into the economic value created when combining two companies together.
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explain how firms production functions and cost curves will change as science and technology advance and as the knowledge of how to organize and manage resources improves
Advancements in science and technology and improvements in resource management increase firms' productive capability, shifting their production functions upward and cost curves downward.
As science and technology advance and firms learn how to better organize and manage resources, they are able to produce more output with the same level of inputs or the same output with fewer inputs. This leads to an upward shift in their production functions and a downward shift in their cost curves.
Firms can produce more efficiently, which allows them to lower their costs and potentially pass on those savings to consumers in the form of lower prices. In addition, technological advancements may create new opportunities for production, leading to the development of entirely new products or services.
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which of the following intangible assets is not amortized? group of answer choices patent goodwill copyright all of these intangible assets are subject to amotization.
Intangible assets like patent, goodwill, and copyright are usually subject to amortization. However, goodwill is an intangible asset that is not amortized.
Intangible assets are a type of assets that do not have any physical existence. They are not tangible. Some examples of intangible assets include goodwill, copyright, trademarks, patents, and brand recognition. All these assets are essential to any organization and are usually subject to amortization.The process of amortization is where the cost of an asset is expensed over the useful life of the asset.
When it comes to the intangible assets like goodwill, it is a unique asset in the sense that it is not amortized. Goodwill is only recognized in cases where a company acquires another company or is merged with another company.The goodwill is calculated as the amount of money paid for the acquisition of the company over the fair market value of the company's assets and liabilities.
Goodwill is tested for impairment annually or whenever there is an indication that the goodwill might be impaired. If it is determined that the goodwill is impaired, then the goodwill is written off in the financial statements of the company. Therefore, it is important for a company to regularly assess and determine the value of their goodwill.
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what is the relationship between the intensity of land use regulation and the responsiveness of housing production (supply) to an increase in house prices (housing supply elasticity)?
The relationship between the intensity of land use regulation and the responsiveness of housing production (supply) to an increase in house prices (housing supply elasticity) is typically inverse. Higher intensity of land use regulation typically results in lower housing supply elasticity, meaning less responsiveness of housing production to an increase in house prices.
The intensity of land use regulation is directly correlated to the responsiveness of housing production (supply) to an increase in house prices, otherwise known as housing supply elasticity. Generally, the more intense the land use regulation, the less responsive housing production is to an increase in house prices. Therefore, the housing supply elasticity decreases as the intensity of land use regulation increases.
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what do you think i should do? find the closest financial institution and put your money there. put it under your mattress. financial institutions can be unsafe. use trusted sources to research financial institutions before making a decision.
Option 4 is Correct. Maintain your own records to compare with those of your financial institution, then research financial institutions using reliable sources before making a choice.
Get an alert from your financial institution when your account balance approaches zero dollars. Important Learnings. Savings accounts are a secure location to keep your money because the FDIC for bank accounts and the NCUA for credit union accounts both guarantee all deposits made by customers.
Deposit insurance is also included with certificates of deposit (CDs) issued by banks and credit unions. The most crucial factors to consider when selecting a bank may be interest rates and costs, convenience, and any additional features it may provide, depending on your personal financial goals and style (such as budgeting tools, cash back, competitive mortgage rates).
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Correct Question:
Ask your financial institution to notify you when you are close to $0 in your account. Keep your own records to compare with your financial institution's then what do you think i should do?
1. find the closest financial institution and put your money there.
2. put it under your mattress.
3. financial institutions can be unsafe.
4. use trusted sources to research financial institutions before making a decision.
a common use of business plans is to: group of answer choices comply with sec regulations persuade lenders and investors to finance the venture persuade customers to buy the new product or service use as a recruitment tool showcase innovative factors to production to make the company a success
A business plan is most frequently used to convince financiers, investors, or both to offer funding. These two groups pursue distinct objectives.
How a recruitment tool showcase innovative factors to production to make the company a success?
The strength of your business concept and the management team's capacity to make your endeavor profitable are of great importance to investors. A business plan is frequently used to convince lenders and investors to fund the endeavor. They can decide whether to invest thanks to the plan's comprehensive details. A business plan may take months to prepare, but it must pique the interest of potential investors immediately. Business plans are used by both new and existing businesses.
A business plan is a crucial document intended for both internal and external audiences of a firm. For instance, before a business has built a solid track record, a business plan is utilized to entice investment. The most typical type of legal structure for small firms is the sole proprietorship. Taxation: The taxation of a sole proprietorship is pass-through.
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true or false: financial accounting primarily serves the external users of the business, such as management, employees, and owners, who use financial accounting information to make decisions.
false. External users of the firm, such as investors, creditors, analysts, and regulators, who utilize financial accounting information to make choices, are the primary beneficiaries of financial accounting.
These outside users rely on financial accounting to assess the health, performance, and prospects of an organization's finances. Financial accounting offers data on a business's financial status, cash flows, and operational performance in an organized and standardized way that facilitates comparisons between various business and industries. Internal users that need the information for internal planning and decision-making, including as management, staff, and owners, are more likely to use managerial accounting information. Often, managerial accounting data is more thorough and tailored to the organization's requirements.
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the scale that defines what companies bring to the market, from good-dominant to service-dominant offerings, is known as the
The scale that defines what companies bring to the market, from good-dominant to service-dominant offerings, is known as the service continuum.
What is the service continuum ?The Goods-Service Continuum is a concept used in marketing to describe the range of offerings that companies bring to the market. At one end of the continuum are goods-dominant offerings, which are tangible, physical products that customers purchase, such as cars, appliances, or clothing.
At the other end of the continuum are service-dominant offerings, which are intangible, non-physical services that companies provide, such as consulting, education, or healthcare.
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which of the following would ordinarily be classified as current assets on the balance sheet? note: select all that apply. check all that apply accounts receivable accounts receivable accounts payable accounts payable cash cash
A: Accounts Receivable and C: Cash are ordinarily classified as current assets on the balance sheet.
Based on typical accounting practices, the following items would ordinarily be classified as current assets on the balance sheet:
Accounts receivable: This is money that a business is owed by its customers for goods or services that have been sold but not yet paid for.Cash: This includes all the cash that a business has on hand or in bank accounts.Accounts payable, on the other hand, is typically classified as a current liability on the balance sheet. Accounts payable refers to the money that a business owes to its suppliers or vendors for goods or services that have been purchased but not yet paid for.
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