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3 years ago

Financial accounting and reporting standards in the United States are established primarily by the:

Business

1 answer:

GREYUIT [131]3 years ago

3 0

Answer:

Financial Accounting standards Board (FASB)

Explanation:

Financial Accounting Standards Board (FASB) is a private body that works as a non-profit organization that main purpose is established accounting principles in the united states. FASB work for the government, private and for a non-profit organization to prepare and present their financial statement.

FASB working with international accounting standard boards for maintaining and preparing standards worldwide

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What does a company's customer service department do? A. Promote the company to new groups of potential customers. B. Interact w

meriva

B. Interact with customers after they have purchased the product.

For example, if you are having trouble with a product or it has a malfunction, you would call the customer service for the company/product for assistance.

4 0

3 years ago

Read 2 more answers

A company borrowed $15,000 by signing a 120-day promissory note at 10%. The total interest due on the maturity date is: (Use 360

topjm [15]

Answer: $500

Explanation:

Interest for the period = Amount borrowed * Interest rate * 120/360 days

= 15,000 * 10% * 120/360

= $500

7 0

3 years ago

Clarence used to work as a doctor in a federal government hospital. After retiring, he started a private clinic to continue prac

Masteriza [31]

Answer:

self-actualization

Explanation:

The answer is deeply related to "Maslows Hierarchy of Needs."

Abraham Harold Maslow is a popular American psychologist who introduced a motivational theory consisting of five stages in relation to the deficiency needs and growth needs of humans.

Everything starts with the deficiency needs. It is very important to satisfy this need in order to engage into the growth needs. For example, a boy is very thirsty. If that need will not be met, the boy will continuously crave for water. On the contrary, if this is met immediately, the boy will aim to grow as a person. This is what you call the growth needs.

This needs are presented in a pyramid.

From top to bottom:

1. Self-actualization

2. Self-esteem Needs

3. Love or Belongingness Needs

4. Safety Needs

5. Physiological Needs

It is ideal for a person to progress from Physiological Needs to Self-actualization, but it doesn't mean every stage is always met. Sometimes, fluctuations occur depending on the situation.

Regarding Clarence's case above. It was stated that he already worked as a doctor in a federal government. This means that he has already satisfied his self-esteem needs and the other needs below. Becoming a doctor is a prestige and a feeling of accomplishment. This can be found on the Self-Esteem Needs stage. In addition to this, Clarence already reached his full potential and is seeking for personal growth and independence. This is backed by the statement above that he opened a private clinic to continue his practice. This means he is already on the self-actualization stage of the hierarchy.

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3 years ago

The four Ps make up the marketing mix, which is the __________ set of decisions or activities that the firm uses to respond to t

Alexeev081 [22]

Answer:

clear and effective strategy comprising

Explanation:

The four Ps make up the marketing mix ,which are product, price, promotion, and place. These four components help determine a clear and effective strategy to bring a product to market. Each element is crucial in its own right and needs to be given due focus .

The product is either a tangible good or an intangible service that is seem to meet a specific customer need or demand. All products follow a logical product life cycle and it is vital for marketers to understand and plan for the various stages and their unique challenges .

Price covers the actual amount the end user is expected to pay for a product. How a product is priced will directly affect how it sells. This is linked to what the perceived value of the product is to the customer rather than an objective costing of the product on offer. If a product is priced higher or lower than its perceived value, then it will not sell. This is why it is imperative to understand how a customer sees what you are selling.

The marketing communication strategies and techniques all fall under the promotion heading. These may include advertising, sales promotions, special offers and public relations.

The place or placement deals with how the product will be provided to the customer. Distribution is a key element of placement. The placement strategy will help assess what channel is the most suited to a product.

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3 years ago

Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensati

Allushta [10]

Answer:

Hannah Ortega

Product lines ProOffice EZRecords

1a. Total costs $10,000 $13,000

b. Cost per unit $200.00 $162.50

2a. Total costs $17,500 $25,000

b. Cost per unit $175.00 $125.00

c) The total costs under the two requirements were different because of the larger units sold in requirement two. These larger units shared the total costs, reducing the cost per unit drastically.

Explanation:

a) Data and Calculations:

Fixed costs for trade show = $7,500

Fixed cost per hour = $250 ($7,500/30)

Product lines ProOffice EZRecords

Cost per package $150 $100

Units sold 50 80

Hours spent 10 hrs 20 hrs

Fixed costs $2,500 $5,000

Variable costs 7,500 8,000

Total costs $10,000 $13,000

Cost per unit $200.00 $162.50

Total cost

Product lines ProOffice EZRecords

Units sold 100 200

Variable costs $15,000 $20,000

Fixed costs 2,500 5,000

Total costs $17,500 $25,000

Cost per unit $175.00 $125.00

c) The total costs under the two requirements were different because of the larger units sold in requirement two. These larger units shared the total costs, reducing the cost per unit drastically.

3 0

3 years ago