Answer: It is less severe than a material weakness
Explanation:
A SIGNIFICANT DEFICIENCY is described as a deficiency or an amalgamation of deficiencies that are NOT as severe as a MATERIAL WEAKNESS ( which is quite serious and must be reported to the Audit Committee and be reflected in the financial statements) but still important enough for those people in charge of the company's financial records to take notice.
Answer:
leveraging a firm's customers to promote a product or service
Explanation:
Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,
For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good
The repeating economic changes that happen in a society over time are known as business cycles.
Business cycles are one sort of fluctuation that can be seen in a country's overall economic activity, a pattern of booms that occur roughly at the same time in various economic activities, followed by contractions that are equally widespread.
The repeating economic changes that happen in a society over time are known as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators.
Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.
Expansions and contractions, commonly known as recessions, are the two contrasting phases of the business cycle.
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Answer:
Net worth = $169,900
Explanation:
Patricia's net worth is the difference between her assets and liabilities. It is an important measure to guage the financial health of an individual or business.
Total assets= 4,600+ 134,000+ 58,000+ 74,000
Total assets= $270,600
Total liabilities= 6,700+ 94,000
Total liabilities= $100,700
Therefore Net worth= 270,600- 100,700
Net worth = $169,900
Answer: option b
Explanation: In simple words, collinearity refers to the condition under which some of the Independent variables in the model are related to each other. This international between independents variables can result into incorrect results while fitting the model.
Therefore, collinearity causes problem as the analyst prepares a model on the basis that there will be two inputs one is dependent another is independent but due to this phenomenon the expected input structure collides.
Hence from the above we can conclude that the economist should be concerned with col linearity.