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3 years ago

Explain the technique to make change in counter transactions correctly.

Business

1 answer:

dem82 [27]3 years ago

8 0

Answer:

The correct ways to prepare a customer's change over the counter are:

Explanation:

1. In the cash drawer, store each denomination together in a section

2. As you receive cash, straighten them out and arrange them uniformly. Let every bill be faced in the same direction.

3. Deduct the total price of goods bought from the total amount handed to you by the customer.

4. The result from the above calculation is the customer's change.

5. Peek into the cash drawer and neatly pick out the notes or bills that make up this amount.

6. Carefully replace the shifted bills or coins in the drawer.

7. Place your hands on the desk or in sight of the customer and count the change for them to see.

8. Hand it over to the customer!

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Is insurance judgment rating based on

Savatey [412]

Answer:

A judgement rating is an insurance rate that an underwriter assigns to a particular risk based on their subjective evaluation of that risk. Judgement ratings are frequently done on an individual basis and rely heavily on the experience, perception, and talent of the underwriter who makes the final evaluation.

3 0

3 years ago

A company has beginning inventory for the year of $10,500. During the year, the company purchases inventory for $160,000 and end

djverab [1.8K]

Answer:

The correct answer is $147,500.

Explanation:

According to the scenario, the given data are as follows:

Beginning inventory = $10,500

Purchase inventory = $160,000

Ending inventory = $23,000

So, we can calculate the cost of goods sold by using following method:

Cost of goods sold = Beginning inventory + Purchase inventory - Ending Inventory

By putting the value, we get,

Cost of goods sold = $10,500 + $160,000 - $23,000

= $147,500

4 0

3 years ago

An African company uses a part of the profits made from the sale of its products to develop and market a portable water purifier

Diano4ka-milaya [45]

Answer:

a. It is serving the bottom of the pyramid.

Explanation:

By serving the bottom of the pyramid (impoverished community), the company is giving back to the community.

The water purifiers are cheap when mass-produced, so by partnering with people from this region they will be able to effectively distribute the incentive.

Also this is an avenue for the indegenes to earn income as commission.

7 0

3 years ago

a. Suppose the Federal Reserve wants to increase the money supply. What should it do to accomplish this goal

Ne4ueva [31]

If the Federal reserve want to increase the money supply what they would do would be to reduce or lower the discount or the interest rate in the economy.

When the interest rate is lowered, it would discourage savings. There would be an increase in the consumption of goods and services in the economy.

Also lowering the discount rate is going to cause the banks to want to borrow more reserves from the Fed. It would then be able to create more loans.

This would lead to a raise in the money supply.

6 0

2 years ago

Due to labor-market regulations that make it difficult for young workers to break into the labor force, Spain has the highest le

malfutka [58]

Answer: See explanation

Explanation:

a. offer a government subsidy for companies that hire long-term unemployed youth. = Reduce youth unemployment

In this case, since subsidy is given out to companies that employ long term unemployed youth, this will be a source of motivation to the employees which will in turn employ more youths and this reduces youth unemployment.

b. lower the age at which students can enter dedicated skills-training programs. = Reduce youth unemployment

This will also reduce youth unemployment as more students that is, more youths can enter can go into skills training programs which will lead to reduction of youth unemployment.

c. enable youth to leave high school at a younger age. = Increase youth unemployment.

When youths leave school at a younger age, this will mean that more youths would be looking for jobs and this will increase unemployment.

d. increase Social Security contributions by companies. = Increase youth unemployment

A rise in the social security contributions would lead to a rose in the youth unemployment.

e. increase the number of jobs that are covered by fixed-term contracts. = Increase youth unemployment

This will also bring about an increase in youth unemployment.

f. make it easier for companies to break fixed- term contracts to lay off workers. = Reduce youth unemployment

When companies find it easier to break fixed term contracts to lay off workers, this implies that the old workers in the organization would leave the organizations and more youths can be employed. This help in the reduction of youth unemployment.

g. encourage students to stay in the education system longer. = Reduce youth unemployment.

When students are encouraged to stay in the education system longer, thus helps to reduce youth unemployment.

4 0

3 years ago