1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
My name is Ann [436]
3 years ago
8

Has Anna's fasfa been selected for verification? In your own words, describe what the process of verification is.

Business
1 answer:
wariber [46]3 years ago
5 0

Answer: The process of verification is used by schools to confirm that data submitted on the FAFSA form is correct

Explanation:

The process of verification is used by schools to confirm that data submitted on the FAFSA form is correct. When you request the verification, the school would request additional documents to support the information you supplied, this is for clarification and ensuring you are the right person or you own the information.

You might be interested in
In order to go to college, Hank goes from working full-time making $28,000 per year to working part-time at half the salary for
alina1380 [7]

Answer: C

Explanation: Took the test

6 0
2 years ago
One of the weaknesses of the direct write-off method is that it
Gennadij [26K]

Answer:

violates the matching principle

Explanation:

The direct write-off method is an accounting method for recognizing bad debts expense arising from credit sales when individual invoices has been identified as uncollectible.

In Accounting, one of the weaknesses of the direct write-off method is that it violates the matching principle.

The direct write-off method is a method of accounting for uncollectible receivables.

5 0
3 years ago
Jacqui decides to open her own business and earns $50,000 in accounting profit the first year. When deciding to open her own bus
Ira Lisetskai [31]

Answer:

C) $4,000

Explanation:

To calculate economic profit we can use the following formula:

economic profit = total revenue - (accounting costs + implicit costs) = (total revenue - accounting cost) - implicit costs

where:

  • accounting profit = total revenue - accounting cost = $50,000
  • implicit costs: ($20,000 x 5%) + $45,000 = $1,000 + $45,000 = $46,000

economic profit = $50,000 - $46,000 = $4,000

3 0
3 years ago
chase lives in oregon but works for a company in florida. what business trend is this an example of?
xxTIMURxx [149]
Remote Workforce. Apex:)
3 0
2 years ago
Read 2 more answers
Categorize each statements as a component of Gross Domestic Product (GDP): consumption, investment, government, or net exports.
marishachu [46]

Answer:

The Gross Domestic Product (GDP) is a measure of the value of all final Goods and Services in an Economy in a given period usually a year.

It can be calculated using the Expenditure method which is;

= <em>Consumption + Investment + Government Spending + Net Exports</em>

Consumption

Here, the final goods and services that all households in the Economy purchased and used for the year are included. It is usually the largest component of GDP.

The following will fall here.

- <em>Ice cream</em>

<em>- A domestically manufactured personal computer</em>

<em>- Cab fare for personal use</em>

<em>- A ticket to a local sporting event</em>

<em>- 55 cent tacos</em>

Investment

The Goods that will fall under here include Capital goods purchased or made in an Economy for the purpose of increasing production capacity.

Of the goods listed only one will fall here being;

- <em>A Domestically Manufactured Personal Computer. </em>

<em />

Government Spending

This includes all Public Spending in the Economy on goods and services for things such as Health and Defense but excluding transfer payments such as Social Security.

- <em>Public School Teacher's Salary will fall under here. </em>

Net Exports

These are the Exported goods from the country less the goods that it imported. From the above only one item falls under this category;

- <em>Exported Doll House</em>

6 0
3 years ago
Other questions:
  • Suppose that Marlen Fisher has legal protection against anyone producing and selling a fishing lure specifically named "MarFish.
    5·1 answer
  • Bountiful company had sales of $650,000 and cost of goods sold of $200,000 during a year. the total assets balance at the beginn
    7·1 answer
  • During the year, Anna rented her vacation home for 87 days, used it personally for 13 days, and left it vacant for 265 days. She
    8·1 answer
  • Athena Company provides employee health insurance that costs $14,200 per month. In addition, the company contributes an amount e
    9·1 answer
  • "Choose a product that is important to you personally. How could a manufacturer imple- ment the critical success factors you ide
    12·1 answer
  • The maturity date of a note receivable: Multiple Choice
    7·1 answer
  • 1. Which Response core capability involves ensuring the capacity for timely communications in support of security, situational a
    6·1 answer
  • Define the terms:
    12·1 answer
  • Superior Company has provided you with the following information before any year-end adjustments: Net credit sales are $131,750.
    6·1 answer
  • Many adults owe money from their college loans for years into their professional careers. a newspaper would like to estimate the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!