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Andrew [12]
2 years ago
6

What is an economic system

Business
2 answers:
ruslelena [56]2 years ago
6 0
An economic system<span> is a </span>system<span> of production, resource allocation, and distribution of goods and services within a society or a given geographic area</span>
PtichkaEL [24]2 years ago
5 0
An economic system<span> is a </span>system<span> of production, resource allocation, and distribution of goods and services within a society or a given geographic area.</span>
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Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers
postnew [5]

Answer and Explanation:

The computation of the effective annual rate in each of the following cases are

1.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 +0 .09 ÷ 4)^4 - 1

= 9.31%

2.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.16  ÷  12)^12-1

= 17.23%

3.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.12 ÷ 365)^365-1

= 12.75%

4 .

Effective annual rate = [(e)^Annual percentage rate]-1

e=2.71828

So,

=[(2.71828)^0.11]-1

= 11.63%

4 0
3 years ago
Three groups that participate in the process of establishing gaap are users, preparers, and auditors. these groups are represent
Rom4ik [11]

1.) Securities and Exchange Commission-----------USERS


The U.S. Securities and Exchange Commission (SEC) is a independent federal government office in charge of ensuring financial specialists, keeping up reasonable and efficient working of securities showcases and encouraging capital development. It was made by Congress in 1934 as the primary government controller of securities markets. The SEC advances full open revelation, ensures financial specialists against false and manipulative practices in the market, and screens corporate takeover activities in the United States.  

2.) Financial Executives International ------------PREPARERS


Financial Executives International (FEI) is a part service– arranged association situated in Morristown, New Jersey, for senior-level budgetary administrators in organizations in fluctuating sizes, both open and private, and in all ventures. FEI works a different not-for-profit establishment: Financial Executive Research Foundation (FERF), which goes about as a fair-minded budgetary asset for individuals and Foundation supporters.  

FEI was established as the Controllers Institute of America in 1931. The association renamed itself in 1962 to Financial Executives Institute to mirror the development of obligations among budgetary administrators into arrangement making zones. As the worldwide economy kept on developing in the 1960s, the gathering helped shape the International Association of Financial Executives Institutes (IAFEI).  

3.) American Institute of Certified Public Accountants ---------AUDITORS


The American Institute Of Certified Public Accountants (AICPA) is the non-benefit proficient association of ensured open bookkeepers in the United States. The American Institute of Certified Public Accountants was established in 1887, under the name American Association of Public Accountants, keeping in mind the end goal to guarantee that bookkeeping picked up regard as a calling and that it was honed by moral, able experts. The AICPA exists to furnish in excess of 370,000 individuals with the assets, data, and authority to give CPA benefits in the most noteworthy expert way.  

4.) Institute of Management Accountants ----------PREPARERS


Institute of Management Accountants is the overall relationship of bookkeepers and budgetary experts in business. Administration bookkeepers are crucial to the money related strength of associations. They settle on basic choices, protect an organization's trustworthiness, and plan for business sustainability.The advancing part of administration bookkeepers in an evolving world. This exploration region centers around the part of bookkeepers as business accomplices and the transformational part of innovation inside bookkeeping.  

5.) Association of Investment Management and Research ----------USERS


The Association for Investment Management and Research (AIMR) is a global, philanthropic association of in excess of 68,000 speculation professionals and instructors in more than 117 nations. AIMR's main goal is to serve its individuals and financial specialists as a worldwide pioneer in teaching and looking at speculation administrators and examiners and supporting exclusive requirements of expert direct. AIMR's participation is worldwide in degree, and its exercises are around the world. AIMR offers benefits in three general classes: Education through courses and distributions; Professional Conduct and Ethics; and Standards of Practice and Advocacy. Its intentional expert improvement program gives individual tests in light of procedures of the affiliation's numerous meetings and on AIMR's Investment Performance Standards and Ethical Standards of Practice.

5 0
3 years ago
What are the challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource man
makkiz [27]

Answer:

Workforce diversity challenges, technological challenges, and economic challenges

Explanation:

The challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource management that require HR to play a more central role in​ this growing organization are :

Workforce diversity challenges includes Acceptance and Respect, Accommodation of Beliefs ,Ethnic and Cultural Differences,

Gender Equality among others

Technological challenges includes Information security, Risk management and governance,

Regulatory compliance, Technology integration and upgradation, Resource management among others

Economic challenges includes Conflict and Poverty, Competing in a New Era of Globalization,Global Imbalances,Rise of New Powers among others

3 0
2 years ago
A country has a
avanturin [10]

Answer:

1. Command

2. Mixed-market

3. Fair labor

Explanation:

3 0
3 years ago
A decision strategy is a sequence of decisions and chance outcomes, where the decisions chosen depend on the yet to be determine
jasenka [17]

Answer:

false is the correct answer

6 0
2 years ago
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