Front-line staff such as reservationists,parking attendants, hosts and receptionists,bartenders,servers,and bus staff,are primarily responsible for them.
In this type of service,diners take plates from the stack and head to the buffet counter where food is stored in large pans and trays with burners. Guests can serve themselves,or they can ask the server behind the buffet table to serve.A host or hostess is responsible for greeting, welcoming, and seating customer as they enter a restaurant or dining room.The waiters prepare the tables for the new customers by removing the dirty dishes. and cleaning the table top. Since they spend a lot of time in the dining room, they must wear clean aprons and adopt a professional attitude.The waiter, using two large silver serving forks in his hand, places the food on the guests' plates.Each food is served by the waiter from sources to their individual plates.
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declining to participate in activities that an employee believes would be harmful to others is the same as whistleblowing. true or false
The answer is true. The issues, like fraud, that constitute whistleblowing as a crime. Someone's safety and health are in jeopardy. environmental risk or real environmental harm. a falsification of the law.
The phrase "whistleblowing" is used when an employee divulges information about wrongdoing. This is referred to as "making a disclosure" or "blowing the whistle" in this guidance. Usually, but not always, the wrongdoing will be something they have seen at work. Whistleblowing, or informing a third party of someone else's unethical activity, poses an ethical environmental. Whistleblowing can appear noble in some the circumstances but repugnant in others.
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an enterprise in which two or more firms or investors (including governments) share ownership of a business and its property rights is called a(n): group of answer choices
A company in which two or more companies or investors,including governments,share ownership of a business and its property rights is known as a business.
A shareholder is any person, company or institution that owns at least one share in a company.A partnership is a formal agreement between two or more parties to manage and operate a business and share its profits.There are various types of society.The corporation that issues shares that can be freely bought and sold is called a public company.At the same time, several studies indicate that many small business owners are very reluctant to share shares with outside investors, few companies get it.A sole proprietorship,also known as a sole trader,is owned by and operated by one person for his or her benefit.A partnership is a business owned by two or more.
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a new project has an initial cost of $230,000. the equipment will be depreciated on a straight-line basis to a zero book value over the five-year life of the project. the projected net income each year is $13,050, $17,600, $19,760, $14,950, and $11,500, respectively. what is the average accounting return?
The average accounting return is 16.70%.
What is a book value?
The word "book value" refers to a company's value as it appears on its financial statements and is extracted from its accounts. Theoretically, investors would receive this if they, sold all of the company's assets to settle off all of its liabilities. In the field of accounting, an asset's book value is its value as expressed by the figure in its balance sheet account. Asset values are determined by reducing any depreciation, amortization, or impairment expenses from the asset's cost at its very beginning.
What is the book value formula?
There are three important book value formulas: Total cost of an asset less accumulated depreciation equals book value. Assets less all liabilities are the same as the company's book value. Shareholders' equity less preferred stock equals the book value per share (BVPS) / the average number of shares outstanding.
$13,050 + 17,600 + 19,760 + 14,950+11500/4 = 19,215
2,30,000 / 2 = 1,15,000
19,215/115000 = 16.70%
Accordingly, the average accounting return is 16.70%.
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describe which accounting reports, financial statements, and comparative analysis charts/graphs you generated, and how you assessed their accuracy and used the results to complete audit questions this term.
Through a company's balance sheet, income statement, or statement of cash flows, financial statement analysis evaluates a company's performance or value.
Investors may be able to get a more complete picture of a company's financial profile by employing a variety of methods, such as ratio analysis, horizontal analysis, and vertical analysis.
What are the three most important reports in financial accounting?
The required financial statements are the income statement, balance sheet, and statement of cash flows. Traders can use these three statements to quickly get a sense of a company's financial health and underlying value and to evaluate its financial strength.
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as monte carlo simulation is essentially statistical sampling, the larger the number of trials used, the more precise is the result.State True or False your answer: a. Trueb. False
The given statement in the question about Monte Carlo simulation is True.
When there is a chance for random variables, a Monte Carlo simulation is a model used to estimate the likelihood of a variety of possibilities.
The effects of risk and uncertainty in prediction and forecasting models are better understood thanks to Monte Carlo simulations.
In simulation, it is necessary to give different values to an uncertain variable to get different results, and then to average the results to get an estimate.
In simulations, perfectly efficient markets are assumed. Due to the importance of chance and random results in this modeling method, as well as in games like roulette, dice, and slot machines, the Monte Carlo simulation was called after the famous gambling resort in Monaco.
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if your income increases by $800 and you consume only $300 of it, your marginal propensity to consume would be equal to
The marginal prospensity to consume would be equal to 0.375
Marginal prospensity to consume (MPC) refers to any change in consumption divided by change in income. MPC shows the amount of extra income an individual spend on the consumption of goods and services. MPC can be calculated using formula:
MPC = changes in consumption
changes in income
MPC = ΔC/ΔY
From the case, we know that:
ΔC = $300
ΔY = $800
MPC ?
MPC = changes in consumption
changes in income
MPC = $300 / $800
MPC = 0.375
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a seller you're working with still owes $50,000 on his mortgage but wants to net $20,000 after the mortgage and 7% commission are paid. what is the minimum for which the house must sell?
The minimum amount for which the house must sell by a seller is $75,269.
As per the given data,
we need to find out the minimum amount for which the house must sell by a seller.
According to above stated question,
it is given that,
a seller you're working with still owes on his mortgage= $50,000
Amount that seller wants after mortgage is $20,000.
Commission paid by the seller is 7%
Now, working as per given information,
we get equation as:
$50,000 + $20,000 +7%= 100%
Now, by further solving the equation, we get
($50,000 + $20,000)/(100%-7%)
= $70,000/93%
=$70,000/0.93
By dividing $70,000 by 93% or 0.93, we get:
=75,268.81
= $75,269 (approximate)
Therefore, the minimum amount for which the house must sell by a seller is $75,269.
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? is a term used broadly to describe any device that performs a measuring or controlling function. the process variables measured by the device may be used for indication, recording, or control.
A control loop is what? Control loop systems monitor and control the equipment, instruments, and machinery utilized in industrial or manufacturing processes.
The system runs the hardware parts and software control operations required to monitor and modify the factors affecting each process. Instrument: A tool that measures and/or controls a variable directly or indirectly. The phrase covers fundamental components, final control components, computer devices, and electrical components such pushbuttons, switches, and annunciators.
What is a controller's function? a device with a variable output that controls a controlled variable in a certain way. Conformity to and divergence from the suggested, standard, or real value, typically given as a percentage (of span, reading, or upper range value).
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Suppose a bank has excess reserves of $50 and the reserve ratio is 20%. If Andy deposits $5,000 of cash in his checking account and the bank lends $2,500 to Molly, the money supply.
A. Is increased by $7,500
B. Is increased by $2,500
C. Remains unchanged
D. Is decreased by $5,000
B. Is increased by $2,500 (same amount as loans)
Suppose a bank has excess reserves of $50 and the reserve ratio is 20%. If Andy deposits $5,000 of cash in his checking account and the bank lends $2,500 to Molly, the money supply : B) Is increased by $2500.
Excess Reserves:Reserves are the minimum amount of cash a financial institution needs to meet central bank requirements. This is a real bank note that the bank must keep in a local vault or central bank account. Cash reserve requirements are designed to ensure that any bank can meet large and unexpected withdrawal needs.
In the United States, the Federal Reserve Board mandates the amount of cash (reserve ratio) that all banks must hold. Historically, reserve ratios have ranged from zero to 10% of bank deposits.
Reserve ratio:A reserve ratio is the portion of a reserve able liability that a commercial bank must hold instead of lending or investing. This is a requirement set by the country's central bank (the Federal Reserve in the United States). Also called cash reserve ratio.
Money Supply:Money supply includes all currencies and other liquid instruments in a country's economy as of the measurement date. Broadly speaking, the money supply includes both cash and deposits, and can be used just as easily as cash.
The government combines the Central Bank and the Treasury to issue banknotes and coins. Banking regulators influence the amount available to the public by requiring banks to hold reserves, loans, and other financial matters.
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what are problem-orientated frameworks for additional assessment based on problem identification items that form a critical link to decisions about care planning?
Resident assessment protocols are problem-orientated frameworks for additional assessment based on problem identification items that form a critical link to decisions about care planning.
A business framework model explains how a company develops, delivers, and collects value in a variety of contexts, including social, cultural, and economic ones. Business strategy includes the development and change of business models, which is often referred to as business model innovation. In both theory and practice, the term "business model" refers to a wide range of informal and formal descriptions that characterize the fundamental elements of a company or organization, such as its mission, its strategy, its target market, its offerings, its organizational structure, its sourcing methods, its trading practices, and its operational procedures and policies, including its culture. Business models are defined as the organizational structures that are created to implement a commercial opportunity through a methodical evaluation and analysis of management survey results. Extensions of this design logic that place more emphasis on story or coherence in business model descriptions highlight the methods through which entrepreneurs build incredibly successful growth companies.
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an furniture salesperson sells a couch for $1,560. she receives a 2.75% commission on the sale of the couch. how much did she earn on the sale?
An furniture salesperson sells a couch for $1,560. she receives a 2.75% commission on the sale of the couch. She earns $41.9 means total is $1609.1 on the sale.
A type of variable-pay compensation for goods or services sold are commission. Salespeople are frequently encouraged and rewarded with commissions. Additionally, commissions can be created to promote particular sales habits. For instance, commissions may be decreased while providing significant discounts. Or commissions might be raised when promoting particular goods that the company wishes to sell. The framework of a sales incentive program, which may comprise one or more commission plans, is where commissions are normally administered (each typically based on a combination of territory, position, or products). As a strategy for businesses to try to realign employee interests with those of the company, payments are sometimes calculated as a proportion of revenue. It is however possible to use models other than percentages, such as profit-based or bonus-based techniques. Instead of only being paid hourly or based on attempted sales, commissions allow sales employees to be compensated (in part or totally) depending on the goods or services actually sold.
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labor and management at wegners market are in a dispute. one way that management could exercise its bargaining power is by
The management and labor unions at Wegner's Market are at odds. Lockouts are one method through which management might use its negotiating position.
A lockout is started by employers or business owners, as opposed to a strike, which involves workers refusing to go to work. Lockouts might include changing locks or employing security guards at the location, but they are typically conducted by simply refusing to let employees into the company's premises.
When a company closes a workplace or stops assigning work to its employees who are part of a negotiating unit, a lockout occurs. A lockout is intended to apply pressure on the workers and their union during collective bargaining.
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why might abc be helpful for a manufacturing company with products that use inputs (dm, dl, oh) at different rates?
Indirect expenses are taken into consideration in the cost-estimating approach known as "activity-based costing." It involves monitoring resource consumption and valuing outcomes at the end.
Assigning certain resources to objects is the purpose of activity-based costing. It describes in detail the actions that result in rising manufacturing costs.
The following steps are part of activity-based costing:
Find the tasks that must be done to finish a product.
Costs should be assigned to various pools after being traced to activities.
assign particular drivers.
Divide overhead expenses by the total number of cost drivers to arrive at the cost driver's rates.
The cost driver rate for each pool is calculated by dividing total overhead by total cost drivers.
Add together all of the cost drivers to get your cost driver rate.
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What is one way that economics can influence your daily life?by forcing a decision on a career pathby limiting your ability to save moneyby helping you understand that every choice has a tradeoffby determining if goals are actually worthwhile.
The creation, transport, and consumption of goods and services are all subjects of social science economics.
What does production actually mean?Producing something is the act of creating something out of components or raw resources. To put it another way, production employs inputs to produce an output that is fit for consumption—a good or product that has value for a customer or end-user.
What does production serve to produce?"The purpose of production is to meet the demand for such converted resources," according to the definition of production as "the organised activity of changing resources into end goods in the form of goods or services."
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Which of these can arguably lead to a more participative structure and lead to improved communication in the organization? O Vertically tall structures Structural interventions Centralization Command-and-control structure Decentralization
Decentralization may lead to a participative structure that improves communication in an organization.
What is Decentralization?
Decentralization or decentralisation is the process through which an organization's operations are disseminated or delegated away from a central, authoritative location or group, particularly those relating to planning and decision-making. Concepts of decentralization have been used in political science, law, public administration, economics, money, and technology, as well as group dynamics and management science in private firms and organizations.
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in iaas, paas and saas service models, the consumer always has control over which abstraction layer?
The cloud service provider is different in that it hosts, controls, and maintains the computational and physical resources in its own data centres.
What is an example of the percentage of sales method?For instance, if the historical cost of products sold as a proportion of sales was 42%, the anticipated sales level would be 42% as well. The method can also be used to forecast some balance sheet entries, including inventory, accounts payable, and accounts receivable.
How do you calculate the sales charge percentage?The expenditure ratio is the formula for calculating sales as a percentage of total sales. Divide operating expenses by net sales to determine it, then convert the answer to a percentage.
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If the 2014 poverty line is based on the amount of money an individual has earned as income, then ____.
A. the poverty line will be adjusted to take the value of non-cash government assistance into account.
B. government programs that provide non-cash assistance to the poor are not considered.
C. the concept of what poverty means in the 21st century should be rethought from scratch.
D. it will be difficult to compare poverty rates over time in a market-driven economy.
If the 2014 poverty line is based on the amount of money an individual has earned as income, then government programs that provide non-cash assistance to the poor are not considered.
The poverty line, poverty threshold, or breadline is the lowest amount of income considered appropriate in a certain country. Typically, the poverty line is derived by determining the entire cost of a year's worth of essentials for the average adult. Because housing costs, such as rent for an apartment, account for the majority of this estimate, economists monitor the real estate market and other housing cost indicators as important influences on the poverty line. Individual considerations, such as whether one is a parent, old, a child, married, and so on, are frequently utilized to account for diverse conditions. The poverty line may be raised or lowered on an annual basis.
In practice, the official or popular understanding of the poverty line, like the concept of poverty, is substantially greater in affluent countries than in developing countries. Mollie Orshansky devised the poverty threshold between 1963 and 1964. She calculated the poverty line as a measure of income insufficiency by increasing the cost of a three- or four-person family's meal plan by a factor of three. The interagency poverty level review group changed the threshold in 1969 to account only for price fluctuations.
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John is interested in purchasing a multi-office building containing five offices. The current owner provides the following probability distribution indicating the probability that the given number of offices will be leased each year.
Number of Lease Offices 0 1 2 3 4 5
Probability 5/32 3/16 3/32 1/4 9/32 1/32
If each yearly lease is $12,000, how much could John expect to collect in yearly leases for the whole building in a given year?
In the given year, John may anticipate earning $29,090.91 in annual rent for the entire building.
Simply put, probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes. Statistics is the study of events that follow a probability distribution.
E (X) = 0 * (10 / 33) + 1 * ( 1 / 33) + 2 * (7 / 33) + 3 * (1 / 11) + 4 * (4 / 33) + 5 * (8 / 33) = 2.424
E (X) = 12000 * 2.424 = 29090.9
E (X) = $29,090.91
As a result, John may anticipate earning $29,090.91 in annual rent for the entire building in the given year.
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a general rule for the relationship between operating, investing, and financing cash flows and the financial statements is:
As a general rule, current assets and current liabilities, noncurrent assets and noncurrent liabilities, and stockholder's equity determine the link between operating, investing, and financing cash flows and the financial statements.
The cash flow statement displays a company's period-by-period cash inflows and outflows. In other words, the cash flow statement's operations are reflected in the balance sheet's assets and liabilities.
Under the indirect method of cash flow, we compute net cash flow from operational activities using changes in working capital. The majority of investing operations include non-current assets, such as machinery, equipment, and fixed deposits.
Because they provide the cash flow required for the company to run its long-term business, long-term obligations and shareholders' equity are included in financial operations.
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the government possesses the tools necessary to influence the output level in the short run through use of monetary and fiscal policy. however, there is some debate regarding whether the government should attempt to stabilize the economy. t or f
The statement that there is a debate over whether the government to attempt to stabilize the economy, given its monetary and fiscal policy tools, is True.
How can the government stabilize the economy ?The government can either use monetary policy, or fiscal policy. Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion, and the total demand for goods and services.
A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.
The government is therefore able to stabilize the economy but some economists debate that the government should not do so and should instead allow the economy to recover and stablize on its own.
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what key strategic actions did mathias dopfner take and how were they different from how most other publishers approached the digital revolution?
Aligning print and digital media together was one of Mathias Döpfner's most wise decisions after taking over as the company's CEO.
In 2002, Mathias Döpfner was only 39 years old when he was appointed the company's CEO. His hiring was seen as somewhat contentious by coworkers, who speculated that he would be replaced shortly. But as soon as he took over as the company's manager, he immediately brought prosperity.
One of Mathias Döpfner's most important strategic choices was to strengthen the bonds between the company's internal executives. Additionally, Mathias Döpfner even presented a digital activity strategy that incorporated three of his main competencies: developing potential journalism, understanding how to build brands, and monetizing the classified marketplace.
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Look at the stock performance for nike. describe the trend in nike stock prices over the last year. what about the last 5 years?
Nike is a multinational corporation based in the United States that designs, develops, manufactures, promotes, and sells footwear, clothing, equipment, accessories, and services on a global scale. The all-time high NIKE stock closing price was 175.30 on November 5, 2021. Nike's stock is now trading at $112.85 USD.
What exactly does Nike stand for?In Greek mythology, Nike is the Winged Goddess of Victory. The design is based on the swoosh sound of a goddess' wing, which denotes speed, movement, power, and drives.
Nike, Inc. is a multinational corporation based in the United States that designs, develops, manufactures, promotes, and sells footwear, clothing, equipment, accessories, and services on a global scale. It is the world's largest supplier of athletic shoes and clothes, as well as a key maker of sports equipment. In 2020, the value of the brand alone was more than $32 billion, making it the most valuable brand among sports organizations.
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If H. R. 3999 i amended and different verion are paed in each chamber, which type of committee will revie the Houe and Senate bill?
If H.R. 3999 is amended and different versions are passed in each chamber, the type of committee which will revise the House and Senate bills is the Select committee.
With the outstanding exception of the Permanent Select Committee on Intelligence, select committees are established by means of a determination to conduct investigations or remember actions, typically on a specific topic.
If H.R. 3999 is altered and separate versions of it are passed in each chamber, we are requested to determine the type of committee that would review the House and Senate measures. As a result, we can see that a select committee is required to make the adjustment because of their investigative role, which allows them to provide reports or legislation drafts.
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The complete question is:
If H.R. 3999 is amended and different versions are passed in each chamber, which type of committee will revise the House and Senate bills?
A. joint committee
B. select committee
C. standing committee
D. conference committee
in sap erp, sales order management process, a billing document is created. when a billing document is saved, in sap erp, what integration points occur?
When a billing document is saved in SAP ERP, there are several integration points that occur. These include:
The billing document is linked to the sales order that it was created from, which allows the system to update the sales order with the billing information.
The billing document is linked to the customer's account, which allows the system to update the customer's account balance with the amount of the billing document.
The billing document is linked to the financial accounting module, which allows the system to update the financial records with the billing information.
The billing document is linked to the material management module, which allows the system to update the inventory records with the quantity of goods that were billed.
Overall, when a billing document is saved in SAP ERP, several integration points occur in order to update the relevant information in the system.
in a franchise, a franchisor pays a franchisee for the right to use its name, product, and methods of operation. group of answer choices true false
A franchisor pays a franchisee for the right to use its brand, product, and methods of operation in a franchise. It is false.
What is the definition of method in operations management?The examination of how work is done is known as methods analysis. Whereas job design displays the framework of the job and names the tasks inside the structure, methods analysis specifies the tasks and how to execute them. Methods evaluation. The process relates to the specific steps required to complete a task. It simply refers to the end-to-end procedure of moving and storing finished and unfinished products supply. A vehicle manufacturing company, for example, will store and move autos (or their parts) in a methodical manner.
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why was trade interrupted between european powers and the ming dynasty in the 15th century?
The Ming dynasty adopted an isolationist policy in the 15th century, which halted trade between European nations and the Ming.
By commerce, what do we mean?Trade is the voluntary transactions of commodities or services between participants in the economy. Partnership is often seen to be beneficial to both parties since interactions are voluntary. Trading in shares and other commodities is actually what is meant by trading throughout finance.
How does commerce operate?Typically throughout the short to medium term, traders benefit by buying cheap and selling hot (going long) or by selling high and purchasing low (going short). The asset they exchange is not theirs. Investors want to acquire full control of the stock by acquiring stock at a favorable price.
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marketers respond to charges of high advertising and promotion costs that unnecessarily increase retail prices, by arguing that advertising and promotion do what?
By arguing that advertising and promotion make consumers feel special. The correct option is d.
What is retail prices?A product's retail price is the price that a customer will pay when purchasing a product from a retail store. Customers pay this as the final price. The retail price is the price that customers pay for the finished product.
The retail price is the final selling price for customers set by retailers.
Marketers respond to accusations of high advertising and promotion costs that unnecessarily raise retail prices by claiming that advertising and promotion make consumers feel special.
The correct option is d.
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Your question seems incomplete, the missing options are:
a) support consumerism
b) standardize the product
c) add quality to the product
d) make consumers feel special
e) hep increase competition in the mkt
a company has an overhead application rate of 127% of direct labor costs. how much overhead would be allocated to a job if it required direct labor costing $22,000?
The job's overhead budget is $26,840. Writing out the parameters listed in the inquiry is the first step.
For direct labor costs, the overhead application has a rate of 122%.
$22,000 is the total labor cost.
Following is a formula for calculating the overhead allocation:
= 122/100 × 22,000
= 1.22 × 22,000
= 26,840
Consequently, $26,840 will be allocated as overhead.
Depending on whether the quantity of overhead is greater than what was applied to the project, it is said to have been underapplied or overapplied. To determine if overhead was used excessively or insufficiently over time, the cost account of the company must equal the manufacturing overhead account. Overhead was applied too much if credits were greater than debits; too little if debits were greater than credits.
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Using prior sales and communication activities to determine the present communication budget describes which method of IMC budgeting? A. reach and frequencyB. track and decodeC. objective-and-taskD. rule-of-thumbE. sender-receiver
The general approach to IMC budgeting is to use past sales and communication efforts to estimate the current communication budget.
A budget is an estimate of the money that will come in and go out of the business over a given period of time, and it is often created and reviewed on a regular basis. Budgets can be created for an individual, a team of individuals, a business, a government, or pretty much anything else that generates and spends money.
Budgeting is essential to controlling monthly costs, preparing for unforeseen events in life, and being able to buy expensive products without getting into debt. It doesn't have to be tedious to keep track of your income and expenses, you don't have to be an expert in math, and it doesn't mean you can't buy the items you want. Simply said, it means you'll be more aware of where your money is going and in charge of your finances.
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Yes or No? If a consumer DOES NOT have any collection accounts, does that have a negative impact on their score?
Answer:
No
Explanation:
Having collection accounts can reduce credit scores EVEN after you pay them off. So it's good to not have collection amounts. Hence, NOT having collection amounts will NOT have a negative impact.