Compared to national banks, which have a strict set of criteria and restrictions, community banks are typically more accommodating and understanding when it comes to loans and accounts. In comparison to their larger competitors, they also frequently charge lesser prices for their goods and services.
A depository institution that is typically run and owned locally is referred to as a community bank. [Needs citation] Community banks frequently concentrate on the requirements of the local businesses and households where they have offices and branches. People who are knowledgeable about the needs of local families, businesses, and farmers make the lending decisions. [Needs citation] Employees frequently live in the communities they work in. Community banks are not precisely defined in the United States. [Needs citation] The majority of agencies define this phrase in terms of the size of total assets, ranging from less than $1 billion (Office of the Comptroller of the Currency) to less than $10 billion (Federal Reserve Board and Government Accountability Office). The Federal Deposit Insurance Corporation (FDIC) places extra standards on organizations that are designated as community banks in addition to size (as determined by assets). In the period from 1985 to 2004, community banks made up nearly 94% of all commercial banks in the country, although their share of total national deposits fell from about 25.89% in 1985 to 13.55% in 2003. Economists and decision-makers have become more concerned about the loss in community banking in the United States, and some of them have claimed that community banks are crucial to macroeconomic stability.
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Which of the following is an example of a regional trade agreement?
A. NAFTA
B. GATT
C. WTO
Option a. NAFTA is the correct answer. NAFTA is an example of a regional trade agreement.
Regional integration means a group of countries coming together to formalize how they will relate to each other on issues of trade, borders, or currencies. One example in the world today would be the European Union (EU).
The most significant aspect of the bilateral commercial relationship between the United States and Mexico is the North American Free Trade Agreement (NAFTA), which was passed in 1994 and established a free trade zone for Mexico, Canada, and the United States. Under the North American Free Trade Agreement, all tariffs and barriers on American exports to Mexico and Canada were erased as of January 1, 2008. (NAFTA).
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All of the following are common modal annuitization payout options EXCEPT: a. lump-sum b. monthly C. quarterly d. annually
All of the following are common modal annuitization payout options except: a. lump-sum.
Annuitization method: what is it?The annuitization technique is a mechanism for distributing annuities that offers recurrent income distributions during the annuitant's lifetime or a predetermined amount of time. more. Annuitant contingent. A contingent annuitant is a person named by an annuitant to receive payments from the annuitant after their passing. Annuity income can be received as a single payment or a series of installments. A retirement income stream may be available from these payments.
The possibilities for payout exist for modal annuitizations are:
The death benefit.
Fixed Amount, often known as a Systematic Withdrawal Schedule
Joint and Survivor Life; Fixed Period (also known as Period Certain);
Therefore, option A is correct.
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mr. right has total assets of $20,000 and owner's equity of $8,000. its current assets are worth $11,000 and long-term liabilities $7,000. calculate the working capital of mr. right. $6,000 $4,000 $5,000 $9,000
The working capital of mr. right is $5000.
What is the working capital?Working capital, in a nutshell, is the cash on hand to pay your immediate, short-term commitments. You must estimate your present levels, forecast your future requirements, and think of strategies to ensure that you always have adequate cash on hand if you want to make sure that your working capital serves your demands.
Owner's equity = Rs. 8000;
Assets = Liabilities + Owner's equity (Net worth) (Cash on hand + Other assets) = Liabilities + Owner's equity is the accounting formula (Net worth)
20,000= other assets + 8,000 rupees.
Liabilities = 20000 - 8000 = 12000
Liabilities = 12000 Rupees
As a result, total assets equal Rs. plus Rs.
Amount of all assets: Rs. 12,000
working capital = 12000- 7000 = 5000.
The working capital of mr. right is 5000.
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What does spillage refer to Cyber Awareness 2022?
Answer:information improperly moved from a higher protection level to a lower protection level
Explanation:
kathy has a broken dishwasher. she searches online for many hours comparing several brands and features. then she goes to three appliance dealers to review those models and consults with the sales staff about delivery, installation, and price. in the store from which she finally makes her purchase, they give her a demonstration of the machine. kathy's purchase is an example of a
In a case whereby kathy has a broken dishwasher. she searches online for many hours comparing several brands and features in the store from which she finally makes her purchase, they give her a demonstration of the machine. kathy's purchase is an example of a extended problem solving variation.
What is Problem solving?Problem solving involves defining a problem, figuring out its root cause, locating, ranking, and choosing potential solutions, as well as putting those solutions into action.
Problem solving, which is a common component of most activities, is the process of reaching a goal through overcoming barriers. Solutions to problems are needed in a variety of fields.
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on april 1, 2023, teleworks company lent $128,000 to it industries. it industries pays back in full the note plus 12% interest on april 1, 2024. determine the financing cash flows to be reported by it industries in 2024. (cash outflows should be indicated with a minus sign.)
The financing cash flow for IT Industries in 2024 would be -$143,360. Financing cash flow refers to the cash inflows and outflows that result from a company's borrowing and repayment of debt.
How to calculate financing cash flow ?Financing cash flows are typically reported in a company's cash flow statement, which is one of the financial statements used to evaluate the financial performance and position of a business.Financing cash flows are typically separated from the cash flows resulting from a company's operating and investing activities in the cash flow statement.To determine the financing cash flows to be reported by IT Industries in 2024, you would need to calculate the total amount of money that IT Industries paid back to Teleworks Company.
The total amount paid back would be the principal of $128,000 plus the interest of 12% of $128,000, or $15,360.
Therefore, the total amount paid back would be $128,000 + $15,360 = $143,360.
This total amount of $143,360 would be the financing cash flow to be reported by IT Industries in 2024.
The financing cash flow for IT Industries in 2024 would be -$143,360.
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How does the Fed cause a recession?
It is possible for the economy to enter a recession if the Fed raises rates too rapidly and recession. For both individuals and companies, higher interest rates make the debt more expensive and borrowing more difficult.
The Federal Reserve, sometimes known as the "Fed," is the nation's central bank and is in charge of carrying out monetary policy. The Fed utilizes interest rate setting as one of its instruments to carry out its policy objectives.
Borrowing may become more costly when the Fed raises interest rates, which might slow down economic growth and perhaps trigger a recession. On the other hand, when the Fed reduces interest rates, it may assist to boost the economy and maybe avert a recession.
The Fed's interest rate decisions can have a variety of effects on the economy and even lead to a recession. For instance, if the Fed raises interest rates too rapidly or to an excessive level, it may increase the cost of borrowing for individuals and firms, which may result in a decline in spending and investment.
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How do you inform customers about delivery date?
You can inform customers about the delivery date through email , SMS or a call.
- Your consumer will feel more safe about the delivery, production, and key delivery information, such as a track and trace number, if you send them a customised email or SMS message. You choose what you write and when exactly you want the message to be sent.
- Many questions can be answered before they are asked by being open and honest about the difficulties and what you are doing to address them. Before an order is placed, for instance, let clients know if there is a delay or a shortage with the goods they desire and when they may expect it.
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Planning for and coordinating spontaneous volunteer efforts: A. Promotes volunteer safety and maximize benefits of volunteer involvement B. Does not have to be specified in your emergency management plan C. Is the responsibility of the CERT Team Leader D. Is the responsibility of VOADS.
Planning for and coordinating spontaneous volunteer efforts promotes volunteer safety and also maximize benefits of volunteer involvement.
There is a principle which is of shared responsibility and which tends to state that a proper planning, coordinating efforts, sharing information promotes safety. So, coordinating the volunteers should not be a shared responsibility which the staff attend when they have some spare time.
However, in all the given circumstances the spontaneous volunteer planning should be said to done in the context of wider community and the resilience engagement. Thus, the spontaneous volunteers will then appear in order to assist with the incident response.
Hence, option A is correct.
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Label each component of the circular flow diagram. Markets for Goods and services Firms Markets for Factors of Production Households Goods and Services oney Factors
The circular flow diagram was the based are:
Money
Goods and services
Factor
Money
What is circular flow?A circular flow graphic depicts the movement of commodities, services, and money in our economy. Households and companies are the two key participants. Firms provide goods and services to consumers. They also provide income to homes.
The model of circular flow that households and enterprises have a cyclical relationship. The firm to home and household's to firm link was explained as a direct flow of motion.
As a result, the circular flow was the missing place as Money, Goods and services, Factor, and Money.
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the economy goes into recession. which of the following lists contains things policymakers could do to try to end the recession? a. decrease the money supply, increase taxes, decrease government spending b. increase the money supply, decrease taxes, increase government spending c. increase the money supply, increase taxes, decrease government spending d. increase the money supply, increase taxes, increase government spending
The economy goes into recession, increases the money supply, decreases taxes, and increases government spending.[b] option is the correct answer for the above statement.
When there is an economic downturn?
The term "economic recession" refers to a time of overall economic downturn that is frequently followed by a decline in the stock market, a rise in unemployment, and a decline in the housing market. Recessions are typically less severe than depressions. more than two straight quarters, often.
Unemployment is one of the effects of a recession and tends to rise, especially among low-skilled workers, as a result of businesses and even government organizations laying off employees to save costs.
Therefore, Recession-related output declines and firm closures are further effects.
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The problems presented by workgroup information systems can usually be resolved by ________.
A.
building collaborative management
B.
the workgroup itself
C.
eliminating duplication of data
D.
increasing the efficiencies of workgroup processes
E.
further disintegration of process data
The problems presented by workgroup information systems can usually be resolved by: B. the workgroup itself.
What is the decision making process?The decision making process can be defined as a cognitive process that involves gathering (obtaining) information, analyzing them, and then evaluating alternatives, so as to enable the proper selection of an optimum solution (choice) to a particular problem.
What is WIS?In Business management, WIS is an abbreviation for workgroup information system and it can be defined as a type of system that is designed and developed to support a group decision making process, in order to promote the free flow of information among team members or group members.
In this context, we can reasonably infer and logically deduce that the workgroup should resolve any form of problem that is presented by workgroup information systems (WIS).
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Based on business management, and availability the problems presented by workgroup information systems can usually be resolved by the workgroup itself.
What are the workgroup information systems?Workgroup information systems is a term that is used to describe the system designed to support group decision-making.
Generally, the workgroup information systems are utilized to promote the free flow of information among group members.
A good example of a workgroup information system is Undertaking a new product requires a team effort and free sharing of information among group members.
Therefore, in this case, when problems raised from the workgroup information systems, such problems are usually be resolved by the workgroup itself.
Note that workgroup is a compilation of computers connected on a LAN that share the common resources and responsibilities. It is also called peer-to-peer local area network.
Hence, in this case, it is concluded that the correct answer is option B. the workgroup itself.
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What is the best definition of profit profit?
Profit is the cost of making one more unit of a good. Profit is the extra money made from the sale of an additional good.
Profit is the term used to describe the monetary gain experienced when the revenue from a commercial activity outpaces the costs, costs, and taxes incurred to support the activity in question.
Any gains made go back to the company's owners, who can decide whether to keep the money for themselves, give it to shareholders as dividends, or put it to use again in the company.
Profit is the money that a company keeps after all costs have been deducted. Any business, whether it be a lemonade stand or a publicly listed multinational corporation, has as its main objective to make money. As a result, a firm's success is measured by its profitability in all of its forms.
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Disinflation may cause a. An increase in the value of gold, silver, and gems b. A reduced required return demanded by investors on financial assets c. Additional profits through falling inventory costs d. None of the above
(B) Disinflation may cause a reduced required return demanded by investors on financial assets.
Investors generally prefer Disinflation versus consistently rising inflation. The increase in interest rates, which is frequently promoted by central banks and government policymakers in an effort to keep inflation under control, is one explanation for this. If left uncontrolled, high and sustained inflation can lead to a slowdown in consumer spending as wages fall behind inflation. Reduced demand may cause companies to stop expanding and employing, which would result in job losses and a downward spiral toward contraction.
Disinflation suggests that inflation might be slowing down. As a result, central banks like the Fed may decide to stop raising interest rates to combat inflation. Any indication that interest rate hikes may be slowing will probably be accompanied by a rise in the stock market, which will be advantageous to equities investors.
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What are the two factors that cause gross profit margin to increase?
Gross profit margin is determined by revenue plus the cost of goods sold (COGS). The costs a company directly incurs while manufacturing a good are known as COGS. Labor costs are a part of COGS.
What causes an increase in the gross profit margin?When the cost of goods sold decreases, the gross profit margin will increase. Finding more affordable suppliers, buying less expensive raw materials, deploying labor-saving technology, and outsourcing can all help to bring down the price of the goods provided.
What does raising the gross margin mean?Your gross margin increases if you maintain the same cost of sales while raising the price of your products or services to boost revenue. If your cost of sales rises, perhaps due to an increase in the cost of labor or parts.
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5. Let the national- income model be: Y = C + I0 + G) C= a+b +b(Y- T0) (a ˃ 0, 0 ˂ b ˂ 1) G = gy (0 ˂ g ˂ 1) (a) Identify the endogenous variables. (b) Give the economic meaning of the parameter g. (c) Find the equilibrium national income. (d) What restriction on the parameters is needed for a solution to exits?
(A) These are the endogenous variables: Y, C. These variables' values can only be ascertained by solving the model.
In a statistical model, an endogenous variable is a variable that is affected or influenced by its interactions with other variables. In other words, an endogenous variable is equivalent to a dependent variable and correlates with other elements of the system under investigation.
(b) The parameter g represents the marginal propensity of public spending.
(c) The national income at equilibrium is:
Y is equal to a + b + b(Y - T0) + I0 + gY.
Y(1-b-g) = a+b-bT0 + I0,
Y = frac (a, b, bT0, I0, b, g).
Y = 1 b g a + b bT + I 0.
(d) The following restrictions apply to the parameters required for an exiting solution:
1 - b - g = 0 neq 01 b g or b + g Equals 1 by neq 1b + g.
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why do firms grow in economics
Explanation:
Firms grow in order to achieve their objectives, including increasing sales and maximising profits
Strategies for managing "A" items in ABC analysis are: Select one: A. minimizing inventories and review inventory levels frequently. B. review inventory levels frequently. C. minimizing inventories. D. using procurement cards. E. using procurement cards and review inventory levels frequently.
Strategies for managing “A” items in ABC analysis are minimizing inventories and review inventory levels frequently. Thus, option A is correct.
What is ABC analysis?ABC analysis is a technique for categorizing inventory in materials management. ABC analysis categorises inventory into three groups: “A item” with very tight control and accurate records, “B items” with less tightly restricted and good records, and “C items” with the basic controls and minimal records.
Minimizing inventories and regularly reviewing inventory levels are two strategies for managing “A” items in ABC analysis.
Therefore, option A is correct.
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which of the following is not required to create a partnership? a.a written agreement between the parties.b. two or more personsc. an understanding to share profits and losses.d. a common interest and intent to conduct business activities together
The one that is not required to create a partnership is option A. a written agreement between the parties.
What is a partnership?A partnership is an arrangement where parties otherwise known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations.
Therefore, the correct answer is as given above. It can then be concluded that partnership is a written agreement between the parties.
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a furniture company has 400 board ft of teak wood and can sustain up to 450 hours of labor each week. each chair produced requires 5 ft of wood and 10 hours of labor, and each table requires 20 ft of wood and 15 hours of labor. if a chair yields a profit of $45 and a table yields a profit of $80, what are the numbers of chairs and tables that should be produced each week in order to maximize the company's profit?
The firm should create 24 chairs and 14 tables each week to optimize profit.
What does the term "profit" mean?The money that remains after paying your company expenditures is your profit. Gross profit, operational profit, and net profit are the three primary forms of profit. The largest profit is gross. The amount left over after paying for sold products and services is displayed.
Briefing :therefore we have ,
24 chairs; 14 tables
Time used = 24 x 10 + 14 x 15= 450
Wood used = 24 x 5 + 14 x 20 = 400
Therefore, the only alternative that will save time and use less wood is the one that comprises 15 seats and 18 tables, which will also be more profitable.
24 x 45 + 14 x 80 = X
=2,200 is the economic benefit .
Because of this, 24 chairs and 14 tables should be created each week in order to optimize the company's profit.
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while evaluating a stock, you estimate that it will earn a return of 11 percent if economic conditions are favorable, and 3 percent if economic conditions are unfavorable. given the probabilities of favorable versus unfavorable economic conditions, you conclude that the stock will earn 7.2 percent next year. the 7.2 percent figure is called the
The 7.2 percent figure, given the probabilities of favorable versus unfavorable economic conditions, is called the Expected return.
What is the Expected return ?The term "expected return" refers to a simple probability measure that is used to determine the possibility that a certain investment will produce a profit as well as the likely return. To give an investor an indication of likely profit vs. risk, expected return on investment calculations are performed.
To find the expected return on a stock, you need to use the probabilities that economic conditions will either be favorable or unfavorable and then the returns if they are.
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How do you determine the relationship between data?
To ascertain whether there is a link between two variables, regression analysis is performed. To accomplish this, a line that best matches a set of data pairs is constructed.
To find the line that "best fits" the data, we shall apply linear regression. Find correlations between two category variables by using a crosstab, a table of counts of joint categories. An analysis name for this is a contingency table. One column in each table serves as the foundation for the relationship, which connects two tables with data. Imagine that you track data for customer orders in your business to understand the value of relationships.
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How did the TVA help the economy?
Through its ’s Economic department, TVA collaborates with businesses to identify the ideal location for future industries. It also indicates whether the location has trained individuals who may work in their firm.
What does the term "company" mean?A group of individuals can form a legal entity called a corporation to carry out and run a business investment, whether it be professional or industrial. Dependent on the corporate legislation of its country, a corporation may be set up in a variety of ways for tax for financial responsibility reasons.
What is the purpose of the musical "Company"?The musical centers on the theme of joy and love on the eve of Johnny's 35th birthday while following that life of Bobbie (or Bobbie, there in female-led revival).
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1) Jami sells construction equipment. Whenever she calls on her building contractor
customers, she asks if they are having any problems. In doing so, Jami is addressing
which of the following core aspects of marketing?
A) creating value
B) satisfying customer needs and wants
C) completing the exchange function of marketing
D) making decisions about the setting in which marketing takes place
E) making product, place, promotion, and price decisions
In doing so, Jami is addressing satisfying customer needs and wants to be considered as a core aspect of marketing.
What are the core aspects of marketing?Market analysis and branding are all part of the art of marketing, which is the practice of promoting and selling goods or services. The foundational elements of marketing are Product, Price, Promotion, Place, and People, from which strategies are developed.
The quickest strategy to boost sales and boost profitability is to satisfy consumer demands and wishes. The retention of customers is encouraged by customer satisfaction. Customers are more likely to revisit you in the next the longer they are satisfied
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What is consumerism and how did it affect the 1920s?
Consumer culture ruled in the 1920s. People ultimately ended up taking on debt they couldn't repay and making unnecessary purchases, which ultimately led to the collapse of the stock market.
A consumerist society: what is it?In a consumerist culture, individuals spend a lot of time, effort, money, and attention on "consuming." Consumption is good, and increasing consumption is even better, according to the prevailing perception of life in a consumerist culture. An example of such a hyper-consumerist culture is the United States.
What is a prime illustration of consumerism?Here are some instances of consumerism: 1. The auto business regularly develops new models with cutting-edge technology and novel features, enticing buyers to trade in their older, dependable vehicles. Some are fueled by conspicuous consumerism.
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Do Amazon packages come at night?
The majority of Amazon delivery personnel schedule deliveries between the hours of 8 am and 8 pm.
- Between 6:00 a.m. and 10:00 p.m. local time, deliveries are possible. Except when your delivery is scheduled or requires a signature, our drivers will only knock on the door, ring the doorbell, or personally contact you to make a delivery between the hours of 8:00 am and 8:00 pm local time.
- Any shipping charges for that order will be refunded if Amazon guarantees a delivery date and no delivery attempt is made by that date. The "order within" countdown timer shows you how much time you have to place your order in order to have your delivery by the indicated date.
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You can borrow $5000 to finance a new business venture. This new venture will generate annual earnings of $251. The maximum interest rate that you would pay on the borrowed funds and still increase your inome is? A.25% B. 12.5% C. 10% D. 5%
The maximum interest rate that you would pay on the borrowed funds and still increase your income is 5%. Hence, option D is appropriate.
What is the meaning of borrowed funds?The term "borrowed funds" refers to the money that a firm must get from a third party in order to act as a source of capital for the firm. These funds are distinct from the equity funds that the corporation owns as capital.
In order for borrowed funds, you can use loans, debentures, public deposits, etc. These can be financed by loans from banks, various financial institutions, holders of debentures, and the general public. They typically have an interest rate that must be paid at regular intervals and are repaid after a predetermined period of time.
Hence, option D is correct.
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if westvaco decided to produce paper in spain, and the spanish government stipulated that 50% of the component parts that went into westvaco's paper must be produced locally, that requirement would be an example of a(n) a. ad valorem content requirement. b. subsidy c. local content requirement. d. international content requirement. e. specific content requirement.
The parts that went into Westvaco's paper must be produced locally; that requirement would be an example of a local content requirement. The correct option is c.
What is a local content requirement?A local content requirement has become a popular protectionist tool to favour domestic industries over foreign competitors. Classic local content requirements span from the requirement to purchase a certain percentage of domestic goods, for example, the United States notorious or to produce locally, to requirements that services use only local infrastructure, to conditions on doing business like technology transfer to local companies.
Governments use local content requirements in an attempt to protect and develop domestic industries.
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How blockchain can prevent the counterfeit drugs in pharmaceutical supply chain?
By greatly boosting the security and transparency of supply chains, blockchain can aid in the prevention of fake medications.
Before reaching the customer, drugs pass through several ownership tiers, starting with the manufacturer and ending with the pharmacist.
Information is not shared between systems in the present supply chain, manufacturers are unaware of what has occurred to their products, the pharmaceuticals regulatory body is unaware of the system, recalls are difficult and expensive, and businesses are unable to follow up with patients.
The pharmaceutical industry will use the proposed system to trace the pharmaceuticals from their manufacture until they are given to patients. The impact a medicine has on a patient is documented after use in a database for statistical purposes.
Only dependable parties will be permitted to join the network and push data to the blockchain, which will be used to store transactions.
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21.
Why would you create an app workspace?
Select an answer:
so you can have collaboration in creating and sharing data, reports, and dashboards
so you can limit these individuals who have admin authority over the workspace
so you can assign individuals to view the Power BI content you share
so your collaborators can access the app workspace from a mobile device
25. How can you create portable reports?
Select an answer:
Create the report in Power BI Desktop, and then work with it in Power BI service.
Create the report in Power BI service, and then work with it in Power BI Desktop.
Get your data with Power BI service, and then download the PBIX file.
Get your data with Power BI Desktop, and then download the CSV file.
26. When would you use Power BI service rather than Power BI Desktop?
Select an answer:
when you do not have the mobile app
when you are creating reports
when you are doing data modeling
when you are creating dashboards
30. The dataset you are working in is a PivotTable. What will happen if you select the first column, Sales Region, then you click Unpivot Other Columns?
Select an answer:
The other columns will change from a PivotTable to rows of data.
The other columns will change to rows, and the rows will change to columns.
The column headings can be renamed however you prefer.
The other columns will change from rows of data to a PivotTable.
An app workspace would be created in order to have collaboration in creating and sharing data, reports, and dashboards
Portable reports can be created in Power BI Desktop, and then work with it in Power BI service.
Power BI would be used when creating reports.
When you select the first column in a PivotTable and you then click Unpivot Other Columns, the column headings can be renamed however you prefer.
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