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Leya [2.2K]
3 years ago
6

There are a number of specific steps in the appraisal process. What is the final step?

Business
1 answer:
ra1l [238]3 years ago
8 0

Answer:

To Prepare an appraisal report

Explanation:

The steps which are involved  in the appraisal process are:

1. Stating the purpose.

2. Listing the data needed and its source

3. Gathering, recording and verifying the data.

4. Gathering, recording and verifying the specific data.

5. Gathering, recording and verifying the data for each approach.

6. Analyzing and interpreting the data.

7. Reconciling the data for the final estimation.

8. Prepare an appraisal report.

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C. Letter C; demand exceeds supply, resulting in a shortage

Explanation:

I had put my answer as A on the test and got it wrong. But this is the correct answer C.

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What is the last step in planning your budget?
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High Country Apparel signed a $75,000, two-year, interest-bearing, 5% note on October 1, 20XX. The maturity value of the note is
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Based on the information given the maturity value of the note is: $82,500.

Using this formula

Maturity value of note=Principal amount+(Principal amount× Number of year× Interest rate)

Where:

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Maturity value of note=$75,000+($75,000×2 year×0.05)

Maturity value of note=$75,000+$7,500

Maturity value of note=$82,500

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4 0
3 years ago
Imagine a world where there are only two countries. In country A, the people spend 80% of their marginal income. In country B, t
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Based on the percentage spent out of their marginal income, the country where fiscal policy would be more effective is<u> Country A </u>

The country where fiscal policy would be more effective is the one that has a higher multiplier.

Multiplier is calculated as:

<em>= 1 / ( 1 - Marginal propensity to consume)</em>

Marginal propensity to consume is the percentage spent out of marginal income.

Country A multiplier:

= 1 / ( 1 - 80%)

= 5

Country B multiplier:

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In conclusion, fiscal policies would be more effective in Country A.

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7 0
3 years ago
When a human resource staff at Big Bend Inc. reviewed bids for running their employee assistance program, one company stood out
hodyreva [135]

Answer:

E. Being influenced by initial impressions

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It is well known and practically proven that initial or first impressions have long-lasting effects. This is clearly seen in the scenario presented before us. The managers at Big Bend Inc. were thoroughly impressed by the wonderful presentation of the company such that even when the company's gross incompetence was uncovered, the managers opted to still choose the aforesaid company

The managers decision was not influenced by data, because the data clearly showed the company's incompetency but yet they were chosen. Hence, <u>option A is wrong</u>

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