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Alenkinab [10]
4 years ago
10

Albert, an accountant, is attending a meeting at the Greatview Hotel. The meeting, which has drawn more than 200 accountants fro

m around the state, was organized by an accounting association to acquaint the state’s accountants with new state and federal accounting rules. This type of meeting is called a(n)____
Business
1 answer:
lutik1710 [3]4 years ago
5 0

Answer:

Professional and technical meeting

Explanation:

A professional and technical meeting is a type of meeting whereby people from a particular profession who are practicing, converge to deliberate on matters that has to do with regulations and other issues that affects or concerns the practitioners of that particular profession. Such meetings is usually held and organized by the professional body or association of such profession in order to discuss issues that has to deal with the status of the profession and organization matters, technical developments etc.

The meeting organized by an accounting association as described in the question above can be called a <em>professional and technical meeting</em>, as many accountants around the state were drawn to the meeting to become acquainted with the new state and federal accounting rules.

You might be interested in
The greatest amount of foreign exchange trading takes place in the following three cities:
irina1246 [14]

Answer:

The correct answer is letter "A": New York, London, and Tokyo.

Explanation:

New York City is still considered the world center for <em>foreign exchange</em> (forex) trading only followed by London and Tokyo. The main currencies being traded are the <em>U.S. dollar (USD), Euro (EUR) </em>and <em>the Japanese yen (JPY)</em>. Some analysts believe soon the <em>Chinese renminbi (CNY)</em> will take an important place among the previously mentioned three currencies.

8 0
3 years ago
suppose your club is selling candles to raise money. It costs $100 to rent a booth from which to sell the candles.If the candles
Viefleur [7K]

Answer:

Number pf candles is equal to 25

Explanation:

We have given cost of rent = $100

Cost price of one candle = $1

And selling price of one candle = $5

Let the number of candles = x

So total expense =100+x\times 1=100+x

Total earning =5\times x=5x

According to question expense is equal to earning

So 100+x=5x

4x=100

x = 25

So number pf candles is equal to 25

6 0
3 years ago
A bond has a par value of $1,000, a current yield of 7.25 percent, and semiannual coupon payments. The bond is quoted at 97.66.
zubka84 [21]

Answer:

7.08%

Explanation:

Face Value = $1,000

Current Price = 1000 x 97.66% = 976.6

Current yield = 7.25%

We can find the coupon rate by a simple formula

Coupon Rate = (Interest / Face value) x 100

We need to find interest first in order to find coupon rate

YTM = Interest / Current price

7.25% x 976.6 = Interest

70.7035 = Interest

Coupon Rate = (70.8035 / 1000) x 100

Coupon Rate = 7.08%

8 0
3 years ago
Businesses must often make decisions based on the relationship between total revenue and total cost at various levels of output.
miv72 [106K]

Answer:

Break even point

Explanation:

The break even point is the number of units a company must sell such that total revenue equals the total cost. The total cost is usually made of the fixed and variable components.

The number of units required to break even ( that is to make no loss nor gain) is a factor that determines the total sales and the variable cost. It however may not affect the fixed cost.

8 0
3 years ago
David is trying to decide if it makes sense to outsource the purchasing function. He has a chain of 12 restaurants and employs t
Harrizon [31]

Answer and Explanation:

The computation is shown below;

a) The In-house purchasing cost last year is

= Fixed costs + Variable costs

 =$85,000 + Total number of purchase orders × cost per order

 = $85,000 + 1400 × 15

= $106,000

b)

The outsourcing cost is

Outsourcing cost = Fixed costs +Variable costs

 = $100,000 + Total number of purchase orders × cost per order

= $100,000 + 1400 × 5

 = $107,000

c) Total number of purchase orders = 1600

In-house purchasing cost = 85,000 + 1600 × $15 = $109000

Outsourcing cost = $100,000 + 1600 × $5 = $108000

Yes, David should outsource as the outsourcing cost is less than the in-house purchasing cost.

6 0
3 years ago
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