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2 years ago

An account is a record of increases and in a specific asset, liability, equity, revenue or expense.

1 answer:

4 0

An account is a record of every transaction, whether it increases or decreases the value of a specific asset, liability, equity, revenue, or expense.

<h3>What is an account?</h3>

An Account is a systematic way to record all the necessary transactions relating to a specific asset, liability, equity, revenue, or expense.

An account contains all types of transactions, whether related to financial or non-financial.

Thus, an account records all types of transactions that will increase or decrease the value of the specific asset, liability, equity, revenue, and expense.

Learn more about the Account here:

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The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the

Svetach [21]

The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

<h3>What is value co-creation?</h3>

Simply said, value creation is the process of converting resources (whether physical such as materials, or non-physical such as time) into something of perceived value.
Car manufacturers creating vehicles, farmers planting and harvesting crops, and banks providing mortgage loans are all examples of value production.

<h3>What is value internalization?</h3>

Internalization is a term used in sociology and other social sciences to describe an individual's acceptance of a system of standards and values through socialization.

<h3>What is value integration?</h3>

Through synergistic innovation across the nexus economy, integrated value is the simultaneous construction of several 'non-financial' capitals (particularly infrastructural, technological, social, ecological, and human capital).

<h3>Solution -</h3>

As the definition of value co-creation states that value creation is the process of converting resources into something of perceived value.

Therefore, the realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

Know more about value internalization here:

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4 0

2 years ago

You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budg

kvasek [131]

Answer:

$118250

Explanation:

You have $118250 at your disposal to spend; regardless of it being a loan or not.

Cheers

8 0

4 years ago

Read 2 more answers

Explain how the components of strategic thinking contribute to rational thinking.

snow_tiger [21]

Strategic thinking contributes to rational thinking because when you strategically think about different things you are strategizing components and it comes clear of what it is and then it becomes just common sense.

5 0

3 years ago

Nancy's union has negotiated a three-year wage contract that provides for a 2.4% increase indexed to inflation. The rates of inf

KATRIN_1 [288]

Answer:

C) COLA plus 2.4%

Explanation:

COLA stands for cost of living increase. It refers to the amount that Social Security benefits increase according to inflation rate. This way the Social Security payments should not lose purchasing power against rising inflation, because if inflation rises, the COLA will also increase.

In this case, Nancy's union negotiated an agreement by which the union members' salaries would be 2.4% higher than COLA increases, so they will be 2.4% higher than inflation rate.

3 0

3 years ago

A software start up is pitching to raise money to write code and they need a team of 4/4 for two years and each color cost 100,0

Ostrovityanka [42]

Answer:

the number of codes for cover the coding is 3,200,000

Explanation:

The computation of the number of codes for cover the coding is as follows:

= (Number of coders × number of years × cost per year) ÷ (0.25)

= (4 coders × 2 years × 100,000 per year) ÷ (0.25)

= 3,200,000

Hence, the number of codes for cover the coding is 3,200,000

We simply applied the above formula

4 0

3 years ago