Two common areas of accounting that respectively provide information to internal and external users are managerial accounting and financial accounting.
Financial accounting is the process of recording, examining, and summarising each transaction made by a company or organisation in order to evaluate its stability and financial health. The Financial Accounting Standards Board (FASB), a US organisation, has established a set of rules that must be adhered to. These have also been referred to as Generally Accepted Accounting Principles (GAAP), and they were developed to make accounting procedures simpler, more reliable, and uniform across all businesses.
A registered company's principal duty is to assess its financial year's performance, progress, and areas that require improvement. This enables the business to evaluate the state of the economy as a whole, identify problems, and quickly fix them.
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a group can charter a particular aircraft at a fixed total cost. if 36 people charter the aircraft rather than 40 people, then the cost per person is greater by $12. what is the fixed total cost, in dollars, to charter the aircraft?
Total fixed costs are all of the expenses a company incurs to maintain its operations, regardless of the volume of goods it produces or sells.
Regardless of productivity or lack thereof, total fixed costs remain constant. When production is at a standstill, fixed costs are still in place.
Let X represent the cost to rent the plane.
X/36 - 12 = x/40
All fractions disappear when multiplied by the common denominator, which is 36 * 40 = 1440.
40X - 17280 = 36X
40X - 36X - 17280 = 0
4X = 17280
X = 4320
Check: 4320/40 = 108 4320/36 = 120
which is a difference of $12.
The airplane is $4320 to hire.
Each of the 40 people pays $108.
36 people pay each other $120.
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maggie liked her new smart television so much, she went online to the company's website to post a positive review of it. what type of content is maggie's product review?
It's called User-generated content. UGC is used across all stages of the buyer’s journey to help influence engagement and increase conversions.
User-generated content (otherwise called UGC or consumer-generated content) is unique, brand-explicit substance made by clients and distributed via online entertainment or different channels. UGC comes in many structures, including pictures, recordings, surveys, a tribute, or even a digital broadcast.
UGC is utilized across all phases of the purchaser's excursion to assist with impacting commitment and increment changes. The client driven content can be utilized via virtual entertainment and different channels, like email, points of arrival, or checkout pages.
UGC is important because -
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explain why an increase in the degree of integration with the other members of a currency union likely reduces the cost of joining the union for a prospective new member
An increase in the degree of integration with the other members of a currency union likely reduces the cost of joining the union for a prospective new member as They will fall because labor market integration allows labor to move to other member countries when there are negative macroeconomic shocks at home.
A currency union (otherwise called monetary union) is an intergovernmental agreement that includes at least two states having a similar currency. These states may not be guaranteed to have any further joining, (for example, a financial and money related association, which would have, likewise, a traditions association and a solitary market).
There are three kinds of currency union:
Casual - one-sided reception of an unfamiliar currency.Formal - reception of unfamiliar cash by uprightness of respective or multilateral concurrence with the financial power, in some cases enhanced by issue of nearby money in cash stake system.Formal with normal strategy - foundation by numerous nations of a typical financial strategy and money related expert for their normal cash.The hypothesis of the ideal currency region resolves the subject of how to figure out what geological locales ought to share a money to boost monetary proficiencyKnow more about Currency Union - https://brainly.com/question/364672
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walter sold fewer raffle tickets when he told potential buyers they had a 90 percent chance of not winning than when he told them they had a 10 percent chance of winning a prize. this best illustrates
Answer C. Framing, People frequently make choices based on the framing that is offered to them.
The framing effect is a cognitive bias in which people select items based on whether they are provided with favourable or unfavourable connotations and judgments. People's responses to the same idea in the aforementioned situation varied depending on whether it was presented positively or negatively. It means that how an idea is presented might affect how people decide.
Ojinska sold many more raffle tickets when she told people they had a 10 percent chance of winning a prize than when she told them they had a 90 percent chance of not winning. This best illustrates the importance of Select one:
A. the availability heuristic.
B. confirmation bias.
C. framing.
D. the belief perseverance.
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carla is trying to decide if gina is ready for training on the new product line. what three questions associated with a person analysis should carla consider when making this decision?
Carla is trying to decide if Gina is ready for training on the new product line. The three questions associated with a person analysis that Carla should consider when making this decision are:
Does Gina need training?Is Gina performing her job poorly because she doesn't fully understand her duties?Is Gina ready for training?A crucial managerial skill is creating an effective new hire training program. Training new workers in corporate processes helps employees settle into the routine of the business so they can concentrate on what's most important: their job. This goes beyond just teaching new hires where the coffee maker is and how to acquire their parking permit.
These best practices for employee onboarding can help you bring all of your workers, whether they work as hourly employees, C-suite employees, or anywhere in between, up to speed, even if your specific onboarding duties may vary.
Create your new personnel policies in advance.Make sure that a new hire training checklist is used by all supervisors.begin onboarding before the first dayInclude the best practices for onboarding in your processes.Include periodic reviews and modifications in your training program.Learn more about Training here:
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many economists have argued that the federal reserve should have taken actions to burst the u.s. housing bubble. however, bursting of the housing bubble by the federal reserve would have caused:
Numerous economists have suggested that the Federal Reserve ought to have intervened to deflate the housing bubble in the United States. The AD curve, however, would have shifted inward if the Federal Reserve had not collapsed the housing bubble.
To combat inflation, the central bank's one main instrument is raising interest rates, which it does by increasing the cost of borrowing money in order to reduce demand for goods and services. The success or failure of the Fed's actions won't be known to economists for some time.
The Fed sells bonds on the open market to reduce the money supply and raise interest rates in order to fight inflation. Fed can increase the discount rate to reduce the money supply. Fed purchases gov't bonds to enhance money supply.
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while a basic savings account is a great option for short-term savings goals, you should keep your emergency fund money in
While a basic savings account is a great option for short-term savings goals, you should keep your emergency fund money in money market account.
Accounts is the manner of recording financial transactions pertaining to a enterprise. The accounting system consists of summarizing, reading, and reporting these transactions to oversight businesses, regulators, and tax collection entities.
Accounting, also known as accountancy, is the size, processing, and communique of economic and non monetary records about monetary entities together with corporations and corporations.
Basic accounting concepts used within the commercial enterprise international cover sales, costs, belongings, and liabilities. those elements are tracked and recorded in documents inclusive of balance sheets, earnings statements, and cash drift statements.
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eric patterson earns $88,000 a year. his monthly expenses total $5,100. what is the minimum amount of money that he should set aside in an emergency fund
Eric should set aside $15,300 for an emergency fund based on his monthly expenses and earnings.
What does a emergency fund consist of?An emergency fund is a cash reserve that has been set aside expressly for unforeseen costs or financial emergencies. Car repairs, home repairs, medical expenses, or lost wages are a few instances that spring to mind frequently.
As a general rule, people should have enough money set aside for emergencies to cover three to six months' worth of expenses. The amount you need for a month's worth of essential living expenditures should be multiplied by three or six, depending on how much you feel comfortable having on hand in case of need.
Eric's monthly expenses are $5,100, thus this is how much should be set aside:
= 5,100 x 3
= $15,300
Therefore, Eric needs to save $16,200 for the emergency fund.
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technological innovations now allow a business to tailor a standard product to meet the specific needs of individuals or groups of customers, which is commonly called
Innovative advancements presently permit a trade to tailor a standard item to meet the particular needs of people or bunches of clients, which is commonly called mass customization.
what is mass customization?Mass customization may be a commerce methodology that focuses on clients and recognizes the got to give exceptional items whereas utilizing unused programs and strategies. The technique makes it conceivable to plan a item that reflects the genuine choice of an person client through a adaptable prepare.What is mass customization give an example?It screens and considers buyer needs whereas fabricating particular items with special highlights and capacities. For illustration, whereas obtaining displays, buyers can select from different outlines at the side endorsed focal points. Another case incorporates customizable shoes with diverse designs and heel sizes.
Innovative advancements presently permit a trade to tailor a standard item to meet the particular needs of people or bunches of clients, which is commonly called mass customization.
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FILL IN THE BLANK. the entry to record depreciation includes a debit to the ________ account.
The entry to record depreciation includes a debit to the Depreciation Expense account . Depreciation is typically recorded by debiting the Depreciation Expense account (which shows on the income statement) and crediting.
The Accumulated Depreciation account (which appears in the balance sheet as a contra account that reduces the amount of fixed assets).
Normal depreciation is a debit account since it is a cost, but accumulated depreciation is a credit account because it is originally recorded when the depreciation account is entered as an expense.
The journal entry passed to record the decrease in the value of fixed assets owing to normal wear and tear, regular usage, or technical advancements, etc. is known as depreciation journal entry.
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suppose the government issues a security in increments of $1,000 with a maturity of 6 months. this is security is called a:
The government issues security in increments of $1,000 with a maturity of 6 months. this is security is called a treasury bill.
Treasury securities are subsidized by the whole faith and credit score of the U.S. government. investment experts use Treasury yields because of the danger-loose fee or the charge of going back supplied by means of an investment that includes no threat.
The federal authorities have by no means defaulted on an obligation, and it’s universally believed it never will. buyers who hold Treasury payments can rest assured that they may now not lose their investment.
Treasury bills are taken into consideration as a 0-danger investment thank you additionally to Treasury market liquidity. in keeping with the Securities enterprise and economic Markets affiliation (SIFMA), there's more than $eleven.2 trillion in U.S. government debt is extremely good, with a, mean each day buying and selling quantity of over $633 billion.
With a market of this size and buying and selling extent, buyers who want to promote will constantly be able to find a client.
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kfc india created the curry-cature in order to connect with the fairly westernized youth of today. this example shows the importance of _________ when designing your social media programs.
KFC India created the curry-cature in order to connect with the fairly westernized youth of today. this example shows the importance of syntax and morphology when designing your social media programs.
It's miles determined that morphology and syntax play great roles in studying comprehension, formation of English words, language gaining knowledge of, formation of phrases, clauses andsentences; clear and affective verbal exchange and Literature-in English.
Syntax is the look at of sentence structure, its relationship to which means, and theoretical models that account for the capability of audio system to generate an endless range of novel utterances.
Morphology is the take a look at of word shape and its dating both to condemn shape and to that means.
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what is a split run? newspapers typically charge less for this service. the advertiser runs two ads of identical size and content in the same press run. they are offered only by newspapers. they enable advertisers to test the pulling power of different ads. the notion behind using a split run is to include as many variables as possible.
Split run is the technique for judging the efficiency of an advertising copy. In the same press run of an issue of a specific publication, two different versions of the same advertisement are produced.
Some copies contain the first version and the others contain the second version. Normal distribution of the magazine takes place, but the distribution of the advertisements is divided based on the requests of the advertisers. While some advertisers choose to split their run based on geography or based on subscription vs news stand sales, others prefer to split their run in alternate bundles. The split run's objective is to evaluate the efficiency of the two different alternative ad copies.
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a nurse leader is performing a process audit. which would be a consideration on a process audit? (select all that apply.)
When a nurse leader performs a process audit, the considerations of the process audit are A: checking the completeness of a patient's medical record D: ensuring that machines are recalibrated according to department policy E: comparing a patient's medication order to the medications that the patient has been taking.
A process audit refers to an examination process of results in order to determine whether the activities, resources, and behaviors that produce them are being managed effectively and efficiently and. A process audit is a transaction audit rather than a simple process that follows a trail through a department from input to output.
"
Complete question:
a nurse leader is performing a process audit. which would be a consideration on a process audit? (select all that apply.)
A. checking the completeness of a patient's medical record
B. ensuring that a patient has access to television in their room
C. assess the availability of fire extinguishers in patient care areas
D. ensuring that machines are recalibrated according to department policy
E. comparing a patient's medication order to the medications that patient has been taking
"
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who does the project manager need to get approval from before indicating a go for the project? select all that apply.
Project manager need stakeholders to get approval from before indicating a go for the project.
After creating a plan for the project, you must acquire the stakeholders' approval before you can begin. Obtaining approval is crucial because you require the support of stakeholders for the project to succeed.
A stakeholder is a party with an interest in a business who has the potential to influence or be affected by it. A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders.
However, the idea has been broadened to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility.
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if houston company billed a client for $13,000 of consulting work completed, the accounts receivable asset increases by $13,000 and:
The accounts receivables will be increased by $13,000 and the service revenues will be credited by $13,000 as a part of the journal entry of the given transaction.
A journal entry can be referred to or considered as the chronological recording of the accounting transactions during a given financial period in order to ensure safekeeping of the accounting records.
The journal entry for the financial transaction given above can be shown as below,
Date Particulars Debit Credit
Accounts Receivable Ac. Dr. 13,000
To, Service Revenue Ac. 13,000
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a glass costs $15 in the us and 18 canadian dollars in canada. if the nominal exchange rate is 1.33 cd/$, what is the real exchange rate?
The real (effective) exchange rate for CAD$ to US$ is 1.596
Real (effective) exchange rate (REER) shows the weighted average of a country's currency in relation to an index of other major currencies. REER measures the value of a currency against a weighted average of several foreign currencies divided by a price deflator such as CPI.
Nominal (effective) exchange rate (NEER) is an unadjusted weighted average rate at which one country's currency exchanges for a basket of multiple foreign currencies. NEER show the amount a domestic currencty needed to purchases another foreign currency.
To find the REER based on the known NEER, we have to multiply the NEER with the comparison of the product price in a country with the same product price in another major country. In this case, we will compare the product price in Canada with the price of the same product in the US.
REER = NEER x (price product in Canada)
price product in the US
REER = 1.33 x ($18/$15)
REER = 1.596
Given the REER calculation result, we know that this case does not fulfill the law of one price which states that identical products must cost the same amount in 2 different countries wheen the REER equals to 1.
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when the term insurance is added to the main policy to enhance the policy or provide added benefit or coverage, it is called a
when the term insurance is added to the main policy to enhance the policy or provide added benefit or coverage, it is called a term Rider.
Term life insurance, also referred to as term assurance, is a type of life insurance that provides coverage for a defined term, or limited period of time, with predetermined payment amounts. After that period has passed, the client will no longer be guaranteed coverage at the old rate of premiums, therefore they will have to decide between forgoing coverage or possibly obtaining additional coverage with new payments or conditions. If the life insured passes away within the time frame, the beneficiary will get the death benefit. Term insurance is frequently the least expensive way to purchase a sizeable death benefit when calculated on the basis of coverage amount per premium dollar for a specific time period.
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a(n) staffing policy is pursued by firms where the lack of managers' mobility among national operations implies that the pay for expatriates should be kept country-specific.
Companies that don't allow managers to move across their national businesses and who believe that the remuneration for expatriates should remain country-specific seek a polycentric staffing policy.
The phrase "ethnocentric employment policy" describes a multinational corporation's choice to employ managers from the parent headquarters in crucial positions rather than local workers.
In order to better understand local circumstances and demonstrate a company's commitment to the host nation, polycentric staffing emphasizes hiring local workers to staff a company's international subsidiaries. Regional staffing organizes overseas subsidiaries.
Home-country employees are given the highest positions in the central offices or headquarters under the polycentric policy approach to employment, whereas abroad local employees are given different roles.
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Ting is having trouble staying focused and prioritizing tasks. which mental process is ting having trouble with?
Ting is having working memory mental process.
What is working memory mental process?Working memory is a short-term storage system with a finite capacity for holding onto information while processing it mentally.
In contrast to long-term memory, which stores a large amount of knowledge over a lifetime, working memory is the little amount of information that may be kept in mind and used to carry out cognitive tasks.
Working memory is one of the terms that psychologists use the most frequently. It has frequently been associated to or related to intelligence, information processing, executive function, comprehension, problem-solving, and learning in people varying in age from infancy to old age as well as in many kinds of animals.
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your team launches a viral advertising campaign that is so successful that all existing consumers increase their willingness to pay by $100, and 50 new customers demand flights at every price. how will this affect the quantity demanded per day?
Your team launches a viral advertising campaign that is so successful that all existing consumers increase their willingness to pay by $100, and 50 new customers demand flights at every price. It will increase the quantity demanded per day.
The viral advertising campaign will affect the demand per day but the demand is also influenced by factors such as demand for flights, the elasticity of demand for flights, the price of flights, and others. If the existing customers are willing to pay more then the demand will increase, unless the price increases. This will reflect in the high demand for the quantity.
The elasticity of the demand will help identify the changes in the quantity demanded. If the demand for flights is elastic, this will present that a slight price change will increase the demand for flights in quantity. An increase in willingness to pay will increase the number of customers for flights, therefore, increasing the demand for flights.
However, if the demand is inelastic, small changes in the price of a flight will result in a small change in demand for flights. Therefore, the willingness of customers to pay will also be small in size and the demand for the quantity will also be smaller.
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what is another name for a behavioral contract? group of answer choices performance contract participant contract agreement contract modification contract
The another name for a behavioral contract is modification contract. An agreement between your child and their instructor is known as a behavior contract.
It frequently also includes you. The contract describes your child's behavioral expectations. It outlines any particular behaviors that your child suffers with or is working on, as well as goals for those behaviors. The objectives should be doable yet still demanding.
It also describes the benefits and penalties for achieving or failing to achieve goals.
Any student who needs to improve her behavior at school may benefit from using a behavior contract. Children with, who may struggle with impulsivity, inattention, or hyperactivity, may benefit from it. Children who struggle with organization and task completion may benefit from using a behavior contract.
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the student report estimated $45,500 in electricity savings. what was the approximate cost of electricity in cents per kilowatt hour (kwh) used to calculate this savings?
The approximate cost of electricity in cents per kilowatt hour (kwh) used to calculate this savings will be 2.7 cents per kWh.
The typical electric price a business client in the US pays for power is 13.45 cents per kWh.
Energy rates change contingent upon where you reside. The U.S. Energy Data Organization (EIA) tracks power costs by state. The latest reports from the EIA show the typical private power rate in the U.S. is 16.32 cents each kilowatt-hour (kWh).
As indicated by the EIA, the typical Texas power rate is 14.47 cents per kWh. Keen on seeing where your state positions? Our diagram underneath frames private electric rates by state
Month to month energy bills in the U.S. not entirely settled by two factors: the area of the home and how much power it utilizes. You can utilize the SaveOnEnergy use mini-computer to gauge how much power your home consumes.
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Label the following headings, line items, and notes with the numbers 1 through 13 according to their sequential order in preparing a statement of cash flows.
A. "Cash flows from investing activities" title
B. "For period Ended date" heading
C. "Cash flows from operating activities" title
D. Company name
E. Schedule or note disclosure of noncash investing and financing transactions
F. "Statement of Cash Flows" heading
G. Net increase (decrease) in cash $ #
H. Net cash provided (used) by operating activities $ #
I. Cash (and equivalents) balance at prior period-end $ #
J. Net cash provided (used) by financing activities $ #
K. "Cash flows from financing activities" title
L. Net cash provided (used) by investing activities $ #
M. Cash (and equivalents) balan
A cash flow is a real or virtual movement of money: a cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe.
payments that are expected to happen in the future, are thus uncertain and therefore need to be forecast with cash flows; a cash flow is determined by its time t, nominal amount N, currency CCY and account A; symbolically CF = CF(t,N,CCY,A).it is however popular to use cash flow in a less specified sense describing (symbolic) payments into or out of a business, project, or financial product. Cash flows are narrowly interconnected with the concepts of value, interest rate and liquidity. A cash flow that shall happen on a future day tN can be transformed into a cash flow of the same value.
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is watadine taking advantage of its economies of scale? explain. (ii) would watadine produce the productively efficient output? explain.
The response is given below:
No, the WataDine is not using economies of scale in long-run equilibrium because there are too many businesses and easy entrance into the market, which prevents enterprises from producing enough output to reduce the average cost and employ economies of scaleWhat transpires to equilibrium price over time?Short-term demand and supply both decline until a long-term equilibrium is reached. Because of the economies of scale in the supply, the long-term equilibrium in this situation implies higher pricing at the point.
Therefore, when prices have fully matched production costs and the economy is operating at its full potential, a market is in long-term equilibrium. The rate of unemployment falls to its natural level in a long-run equilibrium. An economy is operating at full capacity when this happens, and its actual GDP is equal to its potential GDP.
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See full question below
WataDine is one of the city's many restaurants that serve lunch and dinner in a monopolistically competitive market. Assume WataDine, as a typical restaurant in the city, is currently producing the profit-maximizing output level, and earns a positive short-run economic profit. is watadine taking advantage of its economies of scale? explain. (ii) would watadine produce the productively efficient output? explain.
Answer:
Explanation:
d)
i) WataDine (a monopolistically competitive firm) is not unique in any way and not taking advantage of economies of scale, because there are a lot of similar small companies it is competing with small companies. Larger companies in markets such as oligopolies or monopolies can take advantage of economies of scale in the long run by reducing production costs usually by more efficient use of resources, while in a monopolisticallly competitive market, as we know, firms experience excess capacity: aka underproduction due to lack of demand for their product (small market share, no barriers to enter into the market): hence underutilization of resources occurs because firms cannot expand in the long run and taking a loss bc they are just breaking even in the long run producing at the PMO where MC=MR
ii) watadine is not producively efficient because it produces for profit maximization over productive efficiency. Also, it cannot produce at the min point of the (LR)ATC because the demand curve is downward sloping and the productively efficient output price meeting the optimal output produced would cause the business to take a loss and thus go out of business in the long run.
you may pay $18000 for annuity that pays $3000 per year for the next 12 years. you want a real rate of 5%, and you estimate inflation will average 6% per year. should you buy the annuity?
Yes, you should buy the annuity. An investment known as an annuity offers a stream of payments in exchange for a one-time lump sum.
The payment that would exhaust the fund in a specific amount of time.
The sum required to produce a particular payment.
The period of time throughout which your investment will produce payments at the agreed-upon rate of return.
Income annuities can give you the assurance that your retirement income is guaranteed for life or for a specific amount of time*. In order to support them with their basic retirement needs, as determined by them, many clients buy income annuities. You may quickly estimate your annuity income by using this income annuity calculator.
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a successful awareness campaign ran with a 30-second video ad. you now want to remarket to audiences who saw it with memorable, shorter video ads. what video ad format should you pick to make that happen?
A 30-second video advertisement was used in an effective awareness campaign. With catchy, succinct video commercials, you should now remarket to the viewers. You should select the Bumper Ads video ad format to do this.
Bumper advertisements run for six seconds and can appear before, during, or after a video. Use bumper advertisements when you want to deliver a brief, memorable message to a large audience. The most effective way to increase brand recognition and reach is through bumper advertisements.
With the help of a brief, memorable message, bumper advertisements are quick video ad types that may help you reach more consumers and raise awareness of your company. Bumper adverts let you reach people with brief messages while having little to no influence on their viewing experience when used with videos that are 6 seconds or less.
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you are looking for advanced techniques that go beyond the standard reports to help you uncover deeper insights about your customers' engagement. which section would you open in your analytics property?
Explorations is a collection of advanced techniques that go beyond standard reports to help you uncover deeper insights about your customer's behavior.
A client is the recipient of a thing, service, product, or idea in sales, commerce, or economics that they have purchased from a seller, vendor, or supplier in exchange for money or another useful consideration.
Clients who frequently do business with a seller establish habits that enable regular, sustained commerce, which in turn enables the seller to create statistical models to enhance production procedures that alter the nature or form of goods or services, as well as supply chains that alter the location or formally enact ownership or entitlement transactions. The two concepts are separate, regardless of whether a customer is also a consumer.
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if tom invests $60,000 in a taxable corporate bond that provides a 5 percent before-tax return, how much will tom's investment be worth in either 8 or 20 years from now when the bond matures? assume tom's marginal tax rate is 35 percent.
$ 77,495 ; $ 113,750. After tax return=(5%*(1-0.35))=3.25%, which is the value of Tom's investment after 8 and 20 years.
When a bond?note, or other debt instrument matures, its principal amount is paid back to the investor. This day is referred to as the maturity date.
When a bond matures, what does that mean?Major Takeaways. The length of time until a bond matures determines how much interest its owner will get. The face value, or par value, of the bond is returned to the owner when it matures. If a put or call option is available on the bond, the term to maturity may change.
What does the maturity date mean?The last payment date for a security is known as the maturity date.
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suppose a government is considering imposing either a tariff or a quota on imported grain, and either policy will result in exactly 750 tons of grain being imported. how do these policies differ?
The quota will generate Revenue and Tariff will generate the food capacity.
What do you mean by Tariff ?A tariff is a tax that a government imposes on goods and services that are imported from other nations in order to raise prices and reduce the appeal of imports, or at the very least their competitiveness, compared to domestic products and services.
Tariff, sometimes known as a customs duty, is a charge imposed on something when it travels across international borders, typically by the government of the importing nation. It is acceptable to use the terms tariff, duty, and customs interchangeably.The word "tariff" comes from the French "tarif," which means "set price." Italian "tariffa," which means "required price; schedule of taxes and customs," comes from Medieval Latin "tariffe," which means "fixed price."To know more about Tariff please click here ; https://brainly.com/question/26923792
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