If a country is having more exports than imports in value terms, it can be said that the country is having:-a. Deficit under BOP
b. Deficit under BOT
c. Surplus under BOP
d. BOP crisis

Answers

Answer 1
Answer: Surplus under BOP (C).

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Do financial planning and budgeting mean the same thing? 1) True 2) False

Answers

This answer is true because A budget is also known as a spending plan.

Financial planning and budgeting are not the same. Financial planning involves setting goals and creating a plan, while budgeting is a specific part of financial planning that focuses on managing income and expenses.

No, financial planning and budgeting do not mean the same thing.

Financial planning refers to the process of setting goals, analyzing financial resources, and creating a plan to achieve those goals.

It involves considering factors such as income, expenses, investments, and savings to make informed decisions.

On the other hand, budgeting is a specific part of financial planning.

It focuses on creating a detailed plan for managing and allocatingincome and expenses. Budgeting helps individuals or organizations track their spending, manage debt, and save for specific goals.

Learn more about Financial planning and budgeting here:

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On September 1, 2021, Gold Gaming sold 400 one-year subscriptions to its online gaming website for $90 each. The total amount received was credited to Deferred Revenue. What would be the required adjusting entry at December 31, 2021?

Answers

Answer:

Explanation:

The adjusting entry is shown below:

Deferred Subscription Revenue A/c Dr $12,000

            To Subscription revenue A/c $12,000

(Being the deferred subscription amount is adjusted)

The computation is shown below:

= Number of subscriptions sold × sale price each × (number of months ÷ total number of months in a year)

= 400 subscriptions × $90 × (4 months ÷ 12 months)

= $36,000  × (4 months ÷ 12 months)

= $12,000

The four months are reported from the September 1 to December 31

Strategic trade policy has two components to raise national income helping firms to capture first-mover advantages and intervening in an industry where foreign firms have already gained a first-mover advantage.a) trueb) false

Answers

Answer:

The correct answer is: A) True.

Explanation:

Strategic commercial policy is defined as that commercial policy that a government implements through intervention and regulation and that is intended to modify the strategic interaction that occurs in certain sectors between national and foreign companies in the international arena. These actions, which are usually implemented through industrial policy, try

favor national companies over their foreign rivals. Those who support these practices argue that, given the imperfections of the markets, there are good reasons that justify an active industrial policy.

The strategic trade policy argument consists of two explanations: first, it states that with appropriate actions; A government increases national income if it somehow ensures that the companies that appropriate the advantages of acting first are national and not foreign.

Secondly; it is convenient for a government to intervene in an industry if it helps national companies to overcome the entry barriers created by foreign companies; who have already reaped the advantages of the one who acts first.

In conclusion, if these arguments are correct, the government has many reasons to intervene in international trade.

Which of the following statements is true of the current ratio? The larger the current ratio, the harder it is for the firm to pay its short-term debts. A current ratio below 1.0 signifies a company's inability to pay its short-term liabilities with its current assets. Current ratio is classified under the leverage ratio. Current ratio is computed by dividing the firm's current liabilities by its current assets.

Answers

The correct answer is this one: " A current ratio below 1.0 signifies a company's inability to pay its short-term liabilities with its current assets." It is the statement that presents a true description about the current ratio. Current ratio refers to the liquidity ratio in which the ability of the company is measured as to how they be able to pay short-term and long-term obligations.

Recommend ways to deal with the following personalities in the workplace"1. Complainer
2. Indecisive
3. Expert
4. Quiet
5. Aggressive

Answers

1) Know the complaint. Ask what they think is the best solution to resolve the problem. Weigh the pros and cons of their suggestions. If more pros than cons, implement their suggestions. If more cons than pros, ask them to suggest other ways of solving their complaints.
2) Narrow down the choices. Give them shorter time to think and hold them to their decision.
3) Let them share their expertise with others. 
4) Let them share their ideas more. Let them be more involve in team activities so that they will feel that they belong.
5) Give them projects that they can kickstart. That way they will have a way to channel their aggressiveness. Let them be part of team building activities to help them adjust with other people's personalities.

true or false for the best control of both the accelerator and brake pedals rest the heel of your foot on the floor??

Answers

FALSE!
the accelerator and the break pedal, the heel of the foot should remain on the floor.
It should not leave the floor and your left leg/ foot needs to be out of the way while you are operating your vehicle.