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Vika [28.1K]
4 years ago
14

What is a Financial market

Business
2 answers:
Eduardwww [97]4 years ago
8 0
A market in which people trade financial securities and derivatives at low transaction costs
erastovalidia [21]4 years ago
3 0
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, and precious metals.
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Budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called: A) Production bud
garik1379 [7]

When a budget is revised by adding a new quarterly budget to replace a previous one, this is a D. Rolling budget.

<h3>What is a rolling budget?</h3>

This is a type of budget that is considered continuous and perpetual because it captures the needs of the company over a longer period.

For instance, a rolling budget might be for a year but divided into 4 parts for each quarter such that as each quarter comes along, the company will simply start using the next quarterly budget.

Find out more on rolling budgets at brainly.com/question/23209198.

3 0
3 years ago
Expenses that are paid in advance are held on the balance sheet until the end of the accounting period when they are transferred
amm1812

Answer: False

Explanation: The expenses appear directly in the income statement and indirectly in the balance sheet.

It is useful to always read both the income statement and the balance sheet of a company, so that the full effect of an expense can be seen.

6 0
3 years ago
Which of the following is NOT a typical strategy for firms to obtain benchmarking data about other companies?a. Hiring former em
Paha777 [63]

Answer:

a. Hiring former employees from other companies and assessing their knowledge.

Explanation:

"Benchmarking" is<em> a process conducted by a company when it wants to compare its performance with other competitors.</em> In order to do this, the company needs to look into <em>specific metrics</em> and<em> </em>approaches in order to analyze their company's operation and how well it does compared to others.

Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your<u> competitors in the same field of business.</u>

6 0
3 years ago
What form of business defamation arises when an unfair and untrue oral statement is made about a competitor?
vivado [14]

Answer:

Business slander

Explanation:

Business slander - it is considered to be business defamation when one party used unfair statements toward another competitive partner. This kind of statement is considered to be objectionable when parties comment or try to damage the competitor's reputation for personal interest.

Slander in business gives the right to person to file a civil action against the false statement by another person.

8 0
3 years ago
A company purchased a new truck at a cost of $42,000 on july 1. the truck is estimated to have a useful life of 6 years and a sa
emmainna [20.7K]
Depreciation expenses=
(Purchase cost - Salvage Value)×depreciation rate×time

Calculate the depreciation rate
100%/6years=16.6667%

Time from July 1 to December 31 there are 6 months so the time would be 6/12months

So
Depreciation expenses is
(42,000−3,000)×0.166667×(6÷12)
=3,250....answer

Hope it helps!
7 0
3 years ago
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