Answer:
Almost every other business in this universe now relies upon group thinking rather than individual approach to anything.
It has several advantages, some of them are pointed out below:
o) Equality bias, when there are group discussion, this means that everyone has a part of say in the final decision and that leads to equality bias, which is beneficial.
o) More alternatives are generated, it is a fact that when an individual takes a decision, he/she is neglecting a lot of other options to explore which could be a lot beneficial for the business.
o) More acceptance of the final decision, Since the final decision taken is with the approval and consent of everyone, there is a possibility that the final decision will be more acceptable.
o) Lastly, It creates Synergy, synergy is the idea that a decision as a whole is better than in parts.
Hope this helps you. Good Luck.
Answer:
$24,012.21
Explanation:
Calculation for What is the investor's future balance after 10 years
Using financial to find the FV which represent future value
N 10 years
I/Y 4%
PV 0
PMT $2,000 per year
FV ?
Hence:
FV = $24,012.21
Therefore the investor's future balance after 10 years will be $24,012.21
Answer:
A common workflow error that can cause duplicate expenses in QuickBooks Online is:
Duplicating any transaction.
Explanation:
The reason behind this is that duplicating transactions is very common because it might originate before the accounting process is made. It can be executed by any manager or someone in the resources acquisitions department. That is why the books have to be reviewed at two different moments from two different departments. Accounting first and then finance. To check that everything is correct.
Answer: $1,900
Explanation:
Theft loss deduction is calculated by adjusting the fair market value of the asset for a theft loss floor limitation of $100 and 10% of the person's AGI.
Theft loss deduction is:
= Fair value -Theft floor limitation - 10% of AGI
= 7,000 - 100 - (10% * 50,000)
= $1,900
They can be described as traumatized, horrified, mortified, etc.
