if you contact a relative of the consumer who has prior knowledge of the consumer's debt information, the relative may grant you permission to discuss the details of such debt information.

One reason the follow-up blank is so important is that the cost and effort to obtain repeat sales from a satisfied customer is roughly half of that necessary to gain a sale from a new customer.

A customer is a person who receives an item, service, product or idea in the commercial, commercial or economic field that he has purchased from a seller, seller or supplier in exchange for money or consideration. other useful.

The gift economy based on favors was the mainstay of early cultures. Later, as business grew, less stable human relationships were created, based on fleeting desires rather than persistent social desires. Customers are generally defined as individuals who purchase products and services, while customers are those who receive direct advice and support.

To know more about Customer here-

https://brainly.com/question/13472502

#SPJ4

In this case, it is said that the city asks the CPA firm of Abernethy and Chapman to examine several transactions that occurred during 2020 and indicate how to correct any erroneous reporting.

But there were several report mistakes and it was said to be reported.

The revenue was incorrectly reported in the general fund as opposed to the park program fund. The revenue should be reclassified and transferred from the general budget to the park program fund in order to repair the issue.

Due to this specific change, the revenue would go to the park program fund rather than the general fund, allowing the park program to more effectively allocate the money to the required programs. The city would also be able to accurately track the income and costs related to the park program thanks to this change.

Learn more about general fund here brainly.com/question/29341993

#SPJ4

The investment turnover is 3.06 ($1,525,000 / $500,000).

The investment turnover is the ratio of sales to invested assets and is calculated by dividing the sales by the invested assets. In this case, the investment turnover for the International Boot Company is 3.05 ($1,525,000 / $500,000). This means that for every dollar invested in assets, the company makes $3.05 in sales.

The investment turnover is a measure of how many times the value of an investment's assets has been traded over a given period of time. It is calculated by dividing the total value of all trades made over a certain period of time by the average value of the investment's assets over the same period. The higher the investment turnover, the more active the investor or fund manager is in buying and selling assets. This metric can be used to measure the performance of an investor or fund manager, as well as to compare different investments.

To know more about investment turnover click here

https://brainly.com/question/29352766

#SPJ4

in addition to open market operations and the required reserve ratio, another tool of monetary policy available to the fed is the difference between the discount rate and the federal funds rate.

By paying a charge or fee, a debtor might purchase the right to postpone payments to a creditor for a predetermined length of time through the financial mechanism known as discounting. In essence, the party who is currently owing money purchases the right to postpone payment until a later time. Based on mortality, impatience, and salience effects, this transaction assumes that most people prefer current interest to delayed interest. The difference between the amount initially owing in the present and the amount that must be paid in the future to clear the obligation is known as the discount, or charge.

learn more about discount rate here

https://brainly.com/question/13660799

#SPJ4

The following statement, "Coal is widely used because it is inexpensive to mine and transport." is not true about coal.

When most people think of a coal mine, they picture a dark, dank cavern where miners toil away in the dim light. However, coal mines can actually be quite large and expansive, with a variety of different working areas.

The coal mine pictured here is one such example, with a large facility and multiple levels. While coal mining can be dangerous and difficult work, it is also an essential part of our global economy and provides jobs for millions of people around the world.

Hence, the correct option is "FIRST".

To know more about coal, click here.

https://brainly.com/question/12981477

#SPJ4

Supply of loan able fund is $140 billion.

As per the details provided in the above question is as follow,

The national saving of a country is $140 billion.

While the expenditure of government is $80billion.

Further the taxes of $70billion.

Also the domestic investment of $180billion.

While the net capital flow is -$40 billion

Thus what is the supply loan able funds?

We are aware that the availability of loan able funds indicates national savings. Government, business, and the general public all contribute to national savings. It does not incorporate government expenditure into an account.

Therefore we can say that,

Supply of Loanable Fund = National saving = $140 billion

For more such question on loanable funds.

https://brainly.com/question/13636725

#SPJ4

(a ) Balance sheet- understatement to current liability by $2,150

(b) Balance sheet - understate current liability by $98,000

(c) Balance sheet - understatement of current asset by $8,700

One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. The balance sheet and the cash flow statement are the other two important statements. The revenue, costs, profits, and losses incurred by a corporation over a specific time period are the main topics of the income statement. An income statement, also referred to as the profit and loss (P&L) statement or the statement of revenue and expenses, offers important information about a company's operations, the effectiveness of its management, under performing industries, and its performance in comparison to peers in the same industry.

1. Error (a).

Income statement: expense understated - net income overstated

Balance sheet: Liabilities understated - Retained earning overstated

Error (b)

Income statement: Revenue overstated - net income Overstated

Balance sheet: Liabilities understated - Retained earning overstated  

Error (c)

Income statement: Revenue understated - net income Understated

Balance sheet: Asset understated Retained - Earning understated

2.

                                                                      Debit            Credit

a.   Retained earning A/C Dr.                       $2150

     To  Office supplies expense A/C                                $2150

b. Retained earnings A/C Dr.                        $98000

    To Rent revenue A/C                                                    $98000

C. Interest revenue A/C Dr.                            $8700

   To  retained earning A/C                                                 $8700

Learn more about independent errors here:

https://brainly.com/question/14124672

#SPJ1

Arizona Desert Homes gets the excess of 5000000.

The contract asset, cost and profits in excess of billings, of $500,000.

E: Cost + profits: $1,200,000 + 800,000 = $ 2,000,000 + Billings: 1,500,000 = Excess: 500,000

Amazon recorded $118.6 billion of product sales and $59.3 billion of service sales, for a grand total of $177.9 billion. The figure forms the top line of the income statement.

Beneath that are all operating expenses, which are deducted to arrive at Operating Income, also sometimes referred to as Earnings Before Interest and Taxes.

Formula used in this is :

Revenue = No. of Units Sold x Average Price

Finally, interest and taxes are deducted to reach the bottom line of the income statement, $5  billion of net income.

To learn more about the revenue.

https://brainly.com/question/29857819

#SPJ4

A bank reconciliation is a report which explains any differences between the checking account balance which is according to depositor's records and also balance reported on the bank statement.

A bank reconciliation tends to summarize the banking and business activity, which is reconciling an entity's bank account with its financial records. Thus, the bank reconciliation statements confirms that the payments have been processed and also the cash collections have been deposited.

However, the purpose of a bank reconciliation is in order to ensure the additions and as well as the deductions on the bank statement. Thus, such reports explains the differences between the checking account balance.

Hence, the balance is said to be reported on the bank statement.

To learn more about a bank reconciliation here:

https://brainly.com/question/29097188

#SPJ4

The amount cost of merchandise sold is 31330

Cost of merchandise sold = Beginning merchandise inventory+Purchase-Ending merchandise inventory

= 5700+32000-6370

Cost of merchandise sold = 31330

The top five types of vending are product, retail, visual, virtual, and omnichannel. though classified into five different categories, they're frequently interrelated. for example, visual vending is correlated with product merchandising.

The general products product listing consists of shoes, clothes, domestic home equipment, beauty products, pharmaceutical merchandise, earrings, and meal products. they will no longer all be underneath one roof like the case of discounted stores, however, they sell one or greater of the goods listed.

Learn more about merchandise here https://brainly.com/question/27046371

#SPJ4

General are not precise are as a manager of agency first undertaking can be cognizance at the training efforts of particular capabilities which make the firm unique than others . particular skill are the ones which associated with the venture particular . those abilties aren't transferable to different companies because of the particular nature of the abilities.

Education gives all and sundry a extremely good knowledge of their duties and the know-how and capabilities they want to do this task. this can enhance their self assurance which can also improve their common overall performance.

Training is teaching, or developing in oneself or others, any abilities and knowledge or health that relate to particular beneficial competencies. schooling has specific desires of improving one's capability, ability, productiveness and overall performance.

Education may be considered as a technique created from 5 associated levels or sports: assessment, motivation, design, shipping, and evaluation.

Learn more about training here : https://brainly.com/question/26270137

#SPJ4

This statement is true as indirect expenses are allocated to departments based on their benefits received by each department.

These are those expenses that are not related to a particular activity. For instance, building rent, depreciation, etc. These costs cannot be linked specifically to a given item or division.

The best examples of indirect costs are rent and utilities. If a building has eight departments, rent cannot be distributed equally; instead, it is divided based on the amount of space each department has taken up. The same is true for office expenses like power, phone bills, and other bills; each is allocated depending on the benefits used by each department.

Visit here to learn more about indirect expenses: https://brainly.com/question/13090665

#SPJ4

Although there is no match, suspect B, who has four spots, is getting close to the number five written in ink on the letter.

The method for separating mixtures into their constituent parts based on the idea of stationary and mobile phases is known as chromatography. The stationary phase in this procedure is paper, and the mobile phase is the solvent or sample. This method is also used to separate inks. The pen's ink is a blend of many dyes that can be separated and later revealed in various areas.

Here, it is claimed that the ink on the notes has five spots, yet the suspects' pens only have two spots (suspect A), four spots (suspect B), and three spots (suspect C) (suspect C).

This leads one to the conclusion that there is no match, but that suspect B, who has four spots, approaches the number five on the ink note.

To know more about Chromatogram, refer to this link:

https://brainly.com/question/10874556

#SPJ4

COMPLETE QUESTION:

you run a chromatography of inks belonging to three crime suspects and from a ransom note. the inks resolve into the following numbers of spots: suspect a=2, suspect b=4, suspect c=3, note=5. which suspect would you most likely bring in for questioning

At least 100 times as many people were working in the stocking industry as there were at the turn of the century.

In 1589, the stocking frame, a type of knitting machine, was created. Each row of loops in a knitted fabric is caught into the row before it, and this is how knitted fabrics are formed. The stocking industry made it possible to produce an entire row of loops at once.

By the turn of the century or the industrial revolution, the stocking industry had at least 100 times as many employees as it did at the start of the century.

The innovative stocking frames were destroyed during a riot by craft workers, who also threatened the creators.

To know more about the industrial revolution, visit:

brainly.com/question/877199

#SPJ4

Resource typing is a continuous process designed to be as simple as possible to facilitate frequent use and accuracy in obtaining needed resources. The Option A is correct.

Basically, a resource typing refers to the resources requested, deployed and used in incidents. The term "resource typing" establish a common language and defines a resource's (for equipment, teams, and units) minimum capabilities.

In conclusion, the resources typing allows managers to make better resource ordering decisions by describing the size, capability, and staffing qualifications of a specific resource.

Read more about resource typing

brainly.com/question/1169686

#SPJ1

The more educated workers of now seek more leeway, bonuses, or an improved standard of living. This assertion is accurate.

Which method is used by supervisors and their employees when defining objectives and assessing effectiveness?

Management by Objectives (MBO) is a human management strategy in which staff and managers collaborate to establish, document, and track targets for a predetermined period of time.

whenever supply is anticipated to be insufficient to meet demand?

Two of the tasks completed throughout the human resources management development phase are human resource management planning and hiring.

Supervisors are solely in charge of managing human resources. Measures should be established to lower the optimize the size whenever production is anticipated to be inadequate to satisfy consumption.

To know more about Management by Objectives click here

brainly.com/question/28144882

#SPJ4

In the United States, there are three main categories of depository institutions. These include credit unions, commercial banks, and thrifts (which also include savings and loan organizations and savings banks).

A commercial bank is a kind of financial organization that accepts deposits, provides checking account services, makes business, personal, and mortgage loans, and gives customers access to fundamental financial products including certificates of deposit (CDs) and savings accounts.

Commercial banks are those for-profit organizations that accept public deposits and lend money to people like households, businesspeople, and entrepreneurs.

A commercial bank is a type of financial organization that handles all activities relating to public money deposits and withdrawals, lending money for investments, etc.

Learn more about to commercial banks visit here;

https://brainly.com/question/16196841

#SPJ4

In part because of Germany's terrible experience with hyperinflation, the European central bank places more emphasis on Price stability.

Price stability is when there are no major oscillations in the prices of general consumer goods. While it's important to note that the law of force and demand will always influence some inconstancies as demand dynamics shift, a stable frugality sees those oscillations moving within a normal range.  

When this happens, consumers come more frugal. When consumers notice a rapid-fire drop in prices, they'll frequently hold off on purchases of unnecessary particulars grounded on the anticipation that prices will go lower. So deflation, too, can beget a drop in demand.

The benefits of price stability include:

To know more about Price stability,

brainly.com/question/13799923

#SPJ4

The stage of problem resolution (C) is the most suitable option. An organizational decision is one that is made in the firm's name with one one to more workgroups.

The decision-making unit could be as little as a single person, such as a supervisor, or as big also as overall organization population.

What are the choices made by an organization?

The term "organizational decision making" (ODM) refers to decisions made inside an organization that involve one or more actors and are made with the intention of being as productive as possible.

Generally speaking, the process entails the following steps: recognizing challenges, potential business, evaluating potential, selecting an option, applying the decision, and assessing decision efficacy. Leaders must take into account each step of the judgment process since it is crucial.

To know more about organizational decision making click here

brainly.com/question/28548912

#SPJ4

The statement 'generally accepted accounting principles require that the direct write-off method be used for financial reporting purposes if it is also used for tax purposes' is false.

In the field of business, the write-off method can be described as a technique used for financial reporting that is used to report about bad debt. It is not used for reporting the tax purposes and hence the statement above is false.

The tax reports are not included in the financial debts of a person or business. Hence, when using the write-off method based on the accounting principles, the tax purposes, any of its kind, will not be included in the write-off method financial report. According to the accounting principles, the debts are mentioned for reporting purposes.

To learn more about accounting, click here;

https://brainly.com/question/26690519

#SPJ4

(1)translation gains and losses (2) Operating gains and losses. While the latter emerge from continuous business operations and the former are caused by changes in the value of the local currency.

Translation gains are the profit that results from exchanging one floating currency for another, and then returning to the original currency once it has lost value.

Consider exchanging one million dollars for 500,000 pounds, which indicates that the exchange rate was two dollars per pound.

When the exchange rate drops to three dollars per pound later, if you still have those 500,000 pounds and convert them back to dollars, you'll find yourself with $1,500,000.

The translation advantage in this instance is $500,000.

Whereas, Operating Income is An indicator of how much of a company's revenue will ultimately turn into profits is its operating income, which takes into account how the firm is run.

It's a way to gauge how much money a business makes by focusing just on its core operations.

To learn more about Operating, Click here:

https://brainly.com/question/14286073

#SPJ4

The statement given is false. Receivables are valued and reported in the balance sheet at their gross amount less any sales returns and allowances and less any cash discounts.

Customers' unpaid balances are known as accounts receivable. Non-trade receivables include interest receivable, loans to company officers, employee advances, and refundable income taxes are among the other receivables.

Accounts receivable are recorded by businesses at invoice price. Sales returns and allowances are subtracted from them. The amount received on accounts receivable is decreased by cash discounts. The business adds the interest charged on past-due receivables to the accounts receivable amount and records it as interest revenue.

To learn more about receivables refer here

https://brainly.com/question/13767004#

#SPJ4

A dominating corporation, as defined by William Shepherd's analysis of competitive dynamics in the U.S. economy, is one that has more than 50% of the market share and has no direct competitors.

When there is just one company that is the most productive in an industry, a natural monopoly results.

It is unfeasible to have more than one company manufacturing the item under a natural monopoly since fixed costs are usually quite high. Tap water is an illustration of a natural monopoly.

This Act forbids mergers and acquisitions that are likely to reduce competition but carries no criminal sanctions. In accordance with this Act, the Government opposes mergers that are likely to raise consumer costs.

Learn more about to William Shepherd's visit here;

https://brainly.com/question/16868149

#SPJ4

It is false that salespeople show more organizational commitment when an evaluation system prioritizes outputs over behaviors.

It is well known that task, job, supervisory conduct, and organizational structure-related aspects affect salespeople's affective organizational commitment. While one or more of these elements have been the subject of prior empirical investigations, this study offers a test of their significance for a salesperson's affective organizational commitment.

The model developed in this study also breaks down each factor's significance into its effects on affective organizational commitment directly and indirectly (via role stress factors). The findings have interesting and practical implications for improving salespeople's affective organizational commitment. A behavior versus outcome sales control continuum based on techniques for observing, guiding, assessing, and rewarding the performance of the salesperson.

Learn more about salespeople visit: brainly.com/question/25743891

#SPJ4

Correct Question:

State true or false: An evaluation system which emphasizes outputs over behaviors leads to greater organizational commitment by salespeople

If Mauston has exactly two gas stations and if they conspire, then a. Each vendor will offer 125 liters for sale at $5 per gallon.

The evaluation and measurement of an activity's results in relation to their anticipated or planned outcomes are referred to as its outcomes. The outcomes are what you hope to achieve after you meet the goal.

Beginning with the results can help you make more informed decisions about how to achieve your goals. Targets that are unknown are impossible to hit, and the more certain you are of the outcome, the higher your chances of success. Knowing the desired result gives you the ability to develop a plan that will lead there.

Learn more about outcomes here:

https://brainly.com/question/2495224

#SPJ4

The second quarter will see no product production from Electro Company, while the third quarter will see the production of 15,000 units.

Throughout the year, each firm produces commodities in accordance with the quarters. To raise the number of sales units, every quarter's production quantity is added up.

Particulars                                        Second quarter                  Third quarter

Sales                                                      450,000                          525,000

Multiply: Ending finished goods          20%                                  20%

Finished goods required                      90,000                            105,000

Less: Beginning inventory                    90,000                            90,000

Units to be produced                                  -                                  15,000

Hence, the second quarter will see no product production, while the third quarter will see the production of 15,000 units from Electro Company.

To learn more about production here:

https://brainly.com/question/8044299

#SPJ4

The lessor, grants the lessee access to the asset for a predetermined time in return for regular payments. A file server is a computer that manages and stores data files so that other computers connected to the same network can access them.

Users can communicate information return a network without physically moving files thanks to it. When a carrier delivers goods to a specific location, a bill of lading also functions as a shipping receipt. No of the mode of transportation, this document payments must be included with the sent goods and must be signed by an authorised representative of the carrier, shipper, and receiver.

To learn more about return, click here.

https://brainly.com/question/29569139

#SPJ4

The periodic inventory system is a method of physical count if the stick is done at specific intervals in inventory valuation for the purpose of financial reporting. The specific period can be done monthly, quarterly, or annually and it is done at less cost with less effort.

Periodic inventory is done by three methods.

Therefore we can conclude that companies using FIFO will have the highest gross profit as well as net income because the company will not be left with the burden of stock at the end and it would create a good connection with its customers because they will get fresh quality goods.

Know more about Periodic inventory:

https://brainly.com/question/15090373

#SPJ4

The dividends that have accrued and been paid on a company's preferred stock are known as preferred dividends. A common stock dividend is money distributed to common stockholders from a company's earnings.

Preferred dividends are the dividends that have accrued and been paid on a company's preferred stock. When a company distributes dividends, preferred shareholders always take priority over common shareholders, hence dividends must always be paid to preferred shareholders before common shares.

A common stock dividend is a payment made to owners of common stock from a company's profits. Like regular dividends, the payment is paid in the form of shares or cash. If the common stock dividend is paid as a cash distribution that functionally amounts to a liquidation, the amount of the dividend may be governed by law.

To know more about Preferred dividends, visit:

https://brainly.com/question/14531461

#SPJ1

Network of security dealers linked electronically.

Over the counter markets are decentralized markets and it deals in trades of shares, currencies, derivatives etc. These over the counter markets do not have any physical location however the dealers are connected electronically and acts as market makers for quoting the price to the traders/investor.

Securitization, credit derivatives, and alternative risk transfer are the key tools used to make credit and insurance risk risk transfers. Retained profits, loan financing, and equity financing make up the primary sources of finance. Retained earnings from company operations are used by companies to grow or pay dividends to their shareholders. Businesses can raise money by either going public or taking out private bank loans (issuing debt securities). The New York Stock Exchange serves as a market for the buying and selling of equities, not as a financial middleman. In contrast to banks and savings and loan organizations, it does not immediately offer a way for customers to save or loan their money to others.

To learn more about  counter markets visit:https://brainly.com/question/27155256

#SPJ4