Marketing entails an exchange. A) True B) False

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Answer 1
Answer:

Answer: B) False

Explanation: The reason why is because marketing means buying.


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____ individuals bear a greater burden with this type of tax.A.)High-income B.)Low-Income
The manager is responsible for knowing the food sanitation rules. This includes the supervision of food handlers in:a. Contacting them when they are ill. b. Handling customer's money and credit cards c. Following the restaurant's policies on complaints d. Routine clean up of the parking lot.

A person, other than a collecting bank or other intermediary, who negotiates a document of title for value:a. warrants to her immediate purchaser that the document is genuine.
b. warrants to all who later take the document that it is genuine.
c. warrants that nothing impairs the document's validity or worth.
d. makes no warranties.

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A person, other than a collecting bank or other intermediary, who negotiates a document of title for value: c. warrants that nothing impairs the document's validity or worth.

About Documents validity

A person who negotiates a document of title for value is essentially transferring ownership of the document to another party. In doing so, they are making a warranty that nothing impairs the document's validity or worth. This means that the document is free from any defects or issues that could affect its value or legitimacy.

This warranty is important because it protects the purchaser from any potential issues with the document that could arise after the transfer of ownership.

It is important to note that the person negotiating the document of title does not make any warranties regarding the document's genuineness (option a and b) or make no warranties at all (option d). The only warranty they make is regarding the document's validity and worth.

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Providing a monthly security check to the elderly is most closely associated with wich goal ? 1) Economic Security
2) Economic Freedom
3) Price Stability
4) Economic Efficiency

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Answer: 1) Economic security

Explanation: Economic security may be explained as a financial or economic concept of attaining a secure, stable or contingency financial source or income geared at ensuring that an individual has the continued capability of maintaining a certain cost or financial standard presently and in years to come. Economic security may occur in terms of personal or workplace strategies or social benefits provided by the government. Economic security is of paramount importance because individuals are prone to suffer from income instability at one point or the other due to job loss, retirement due to age and other causes.

Part of economic security is the social incentives provided by the government to the elderly, incapacitated and those who suffer job loss. This is to aid and support them in maintaining their living standard.

What does reconciling an account involve?

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Reconciling an account involves comparing and matching the financial records of an individual or organization with external statements, such as bank statements or supplier invoices, to ensure they align and resolve any discrepancies.

In the context of reconciling an account, discrepancies refer to differences or inconsistencies between financial records and external statements.

These discrepancies can include errors in recording transactions, missing entries, or discrepancies in amounts. The process of reconciling an account involves identifying and resolving these discrepancies by carefully comparing and matching the information from various sources.

By addressing discrepancies, financial records can be brought into alignment with external statements, ensuring the accuracy and reliability of the account's financial information and maintaining a clear and consistent financial record for reporting and analysis purposes.

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Answer:

checking one's financial records against the bank’s

A.

Explanation: <3

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000. If Patterson’s ending retained earnings was $350,000, what was the company's revenue for the year?A. $1,615,000B. $1,800,000
C. $1,525,000
D. $700,000

Answers

Answer:

The company's revenue for the year is $1,615,000.

The correct option is  A. $1,615,000.

Explanation:

Given:

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000.

If Patterson’s ending retained earnings was $350,000.

Now, to find the company's revenue for the year.

Opening Retained earnings = $325,000.

Common stock = $500,000.

Recorded expenses = $1,500,000.

Paid dividends = $90,000.

Closing Retained earnings = $350,000.

Now, to get the revenue of the company we put formula:

Revenue = (Recorded expenses + paid dividends + closing Retained earnings) - opening Retained earnings

Revenue=(1500,000+90,000+350,000)-325,000

Revenue=1940000-325000

Revenue=1615,000.

Therefore, the company's revenue for the year is $1,615,000.

The correct option is  A. $1,615,000.

Leon is catering a luncheon. He is only supplying the food. What kind of catering service is he providing?

Answers

He provides no-service catering

which mean he only provides the food without giving any service like cleaning up or setting up tables for the consumers

This type of catering is very cost effective for the caterer because he doesn't  need any extra staffs to provide the service

Built-tight is preparing its master budget for the quarter ended september 30, 2017. budgeted sales and cash payments for product costs for the quarter follow:

Answers

Answer:

Month                                         July           August     September

Monthly Cash Receipts          $55,400      $58,700      $68,500

Explanation:

                               Built Tight

Cash Receipt Budget for Quarter Ending September 30, 2017

Particulars                              July        August    September

Sales                                       55,500    71,500       56,500

Less: Credit Sales:80%          44,400    57,200       45,200

Cash Sales                               11,100       14,300        11,300

Previous month receivable     44,300     44,400     57,200

Monthly Cash Receipts           55,400    58,700      68,500