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3 years ago

What is technical profession?

Business

1 answer:

KIM [24]3 years ago

6 0

Answer:

Technical profession is a highly skill based profession in which a practical knowledge is required.

<h3>Importance:</h3>

The technical profession has always been important as it has replaced the society from nomadic to the modern era. It has widened the limit of the human innovation , development and creativity. The facilities of medicine , surgical works, Communication, computer technology, transportation system etc are the result of technical profession. Life has become easier due to them. There is high demand for technical professionals in our country both in public and private sectors.

To become a technical professional is a difficult task. In order to become a technical professional, one should have to attain a certain level of education, technical skills, work experience as well as acceptance from the government or government recognized bodies.

Hope this helps...

Good luck on your assignment..

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When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find

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I would suggest it would most likely to be either A or B or both, however if I had to pick one I would go for A.

A - The question suggests you may have been putting more effort and enthusiasm into sales of the products for your new business "you were so excited about the large volume of orders you had" which may mean after your first year of business you may have started to slack of or get complacent with putting you business out there marketing wise, also when launching a product for the first time people are interested in the new and latest thing (such as a new business) after a while people start to forget unless you have marketing and advertising to remind them.

B - If the product you offer is unique and you were the first business to sale this / these items then after a year it is possible other competitors have started to copy you however this would completely depend on the products you sale.

C - Given you already had large orders in the first year people are happy to pay for the products you offer so this would exclude C.

D - If you have already had many orders in the first year people obviously want the products you sale even if you only sale 1 or 2 things so unlikely to be D.

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3 years ago

Which of the following statements illustrates a rent ceiling? A. The interest on mortgage loans has gone up to 4.87 percent in

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Answer:

C. Bluestone Properties is permitted to charge a rent of $2,350 for 2-bedroom apartments that would rent for $2,500 in an unregulated market.

Explanation:

Rent ceiling is a form of price control which is known as price ceiling.

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

Rent ceiling increases consumer surplus and reduces Producer surplus.

Rent ceiling can lead to shortage of houses and emergence of black market.

Price ceiling is binding when it is set below equilibrium price.

I hope my answer helps you

3 0

3 years ago

A company reported net income of $200,000 during 2019. The company reported depreciation expense of $35,000, patent amortization

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Answer:

The correct answer is B

Explanation:

The company’s cash flow from operating activities for the year 2019 is computed as follows;

Net income $200,000

Add:

Depreciation 35,000

Amortization of patent 10,000

loss on the sale of equipment 5,000

Total cash provided by operating activities $250,000

*Depreciation expense, amortization expense and loss on sale on equipment are all non cash transaction which cause a decrease on net income. Thus if we want to know the actual cash activities for the year, we have to add it back to the Net income to arrive the correct answer.

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4 years ago

two main activities involved in risk management include identifying risks and assessing risks, which of the following activities

Umnica [9.8K]

Answer:

A. determining the likelihood that vulnerable system will be attacked by specific threats.

Explanation:

When carrying out risk management, it is important to first identify the risks, and then to assess and prioritize the risks in order of likely occurrence, and the find ways to reduce them.

In the risk identification stage, it is important to determine what systems are vulnerable and how likely they are to be attacked by specific threats.

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3 years ago

Prepare a classified year-end balance sheet, (Note: A $9,000 installment on the long-term note payable is due within one year.)

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Answer:

Blessinger Co.

Classified Balance Sheet as at December 31, 2017

ASSETS

Non- Current Assets

Office equipment $38,000

Accumulated depreciation-Equipment ($3,200) $34,800

Building $288,000

Accumulated depreciation-Building ($42,000) $246,000

Land $700,000

Total Non Current Assets $980,800

Current Assets

Accounts receivable $27,000

Prepaid Prepaid $15,000

Insurance $9,000

Office supplies $3,300

Cash $112,000

Total Current Assets $166,300

TOTAL ASSETS $1,157,100

EQUITY AND LIABILITIES

LIABILITIES

Current Liabilities

Accounts payable $25,800

Salaries payable $14,500

Interest payable $2,500

Note Payable $9,000

Total Current Liabilities $51,800

Non-Current Liabilities

Long-term note payable ($72,000 - $9,000) $63,000

Total Non- Current Liabilities $63,000

TOTAL LIABILITIES $114,800

EQUITY

P.Blessinger, Capital $910,000

P. Blessinger, Withdrawals ($200,500)

Profit for the Year $332,800

TOTAL EQUITY $1,042,300

TOTAL EQUITY AND LIABILITIES $1,157,100

Explanation:

A Balance Sheet shows the Balance of Assets, Liabilities and Equity as at the Reporting date.

Calculation of Profit for the year :

$ $

Service fees earned 430,800

Less Expenses

Salaries expense 90,000

Insurance expense 5,200

Rent expense 5,000

Depreciation expense-Equipment 800

Depreciation expense-Building 7,000 (108,000)

Profit for the year 332,800

7 0

3 years ago

What is technical profession?​

What is technical profession?