What are the steps for the software engineering institute model for risk management?

Wisconsin Company collected $42,000 cash on its accounts receivable. The effects of this transaction are: Multiple Choice Both t

Bas_tet [7]

Answer:

Option Total assets, total liabilities, and equity are unchanged.

Explanation:

The reason is that the double entry to record this transaction is as under:

Dr Cash Account $42,000

Cr Accounts Receivable $42,000

Hence there increase in one asset and decrease in other asset will have zero net impact on assets. As equity and liabilities are not effected by the transaction, hence they will also remain unchanged.

5 0

3 years ago

( ____/10) Economic Growth a. Define GDP, identify what is not included, define the four components, and give an example of each

Harlamova29_29 [7]

Answer: Gross domestic product (GDP) is the monetary value of the market value of all final goods and services produced in a country at a specific time period.

Explanation:

Economic growth is the increase in the total output of goods and services in the economy.

Gross domestic product (GDP) is the monetary value of the market value of all final goods and services produced in a country at a specific time period. The four components of the gross domestic product (GDP) are personal consumption, business investment, government spending, and net exports (difference between export and import)

GDP = C + I + G + (X - M).

where C = consumption

I = investment

G = government expenditure

(X - M) = Net Export

The items not included in the are

1. Sales of goods produced outside the domestic borders of a country.

2. Sales of used goods.

3. Black market i.e. the illegal sales of goods and services.

4. Intermediate goods.

Nominal GDP is measure of the monetary value of all the final goods and services that are produced within a country at current market prices while Real GDP is the measure of a country’s output using the value of its goods and services, investments, government spending and exports. Real GDP is the nominal GDP and adjustment in inflation or deflation.

For example, if nominal GDP is $120,000 and the deflator is 1.4. Calculate Real GDP.

Real GDP = Nominal GDP / Deflator

= 120000 / 1.4

= $ 85714.29

7 0

3 years ago

Why is the location of a business important to the success of that business?

Anna007 [38]

Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.

5 0

3 years ago

Claudia, a researcher, conducted a survey in Spain. She wrote her report in Spanish. However, she wants to publish her findings

Fed [463]

Answer:

Translational equivalence

Explanation:

Translational equivalence -

It refers to the resemblance in the word in a particular language with its translation in other language , is referred to as translational equivalence .

The similarity can lead to any confusion or problem and hence , from the question ,

Claudia hires a translator of both the languages i.e. , english and spain , in order to avoid the problem of Translational equivalence .

Hence , the correct answer is Translational equivalence .

3 0

4 years ago

Outdoor Living is a manufacturer of patio dining sets and outdoor furniture. Typically, customers purchase the company's product

Sonja [21]

Push strategy would work best for Outdoor Living.

Option E

<u>Explanation: </u>

A pushing-marketing strategy, also known as a push advertising approach, is a technique by which a business tries to push its products to customers. In either a push marketing strategy it's meant for customers to continue at the time of purchase by using different active commercialization strategies to "drive" their goods.

It is beneficial for manufacturers who try to build a distribution channel and seek help from retailers in the marketing of goods. It provides access to goods, demand for products and consumer awareness of a commodity.

Demands can be forecast and consistent because the producer will generate and drive consumer products as much or as little.

Cost reductions can be accomplished if the commodity can be manufactured on a cost because of high demand.

6 0

3 years ago