One of the most important ways that ERPs benefit organizations and their business processes is: Current information is made available to all users involved in the activities and decisions associated with a company's business processes.
Business processes are the ways within which organizations coordinate and organize work activities, information, and knowledge to provide their valuable products or services. It enforces best practices through the business processes embedded within the software.
The importance of business processes can not be overstated. Optimizing business processes can facilitate your avoid mistakes and delays, improving cost-effectiveness, productivity, supplier relationships, and customer satisfaction.
There are Three Broad kinds of Business Processes. Every business is different, and also the categories into which business processes fall will depend upon what your business does. a selected form of task may well be a support process in one business and a core process in another.
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At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.
At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.22,000 debit.
When a corporation receives money earlier from earning it, the accounting may be a debit to the asset Cash for the quantity received and a credit to the liability account like Customer Advances or Unearned Revenues. samples of these accounts are the cash, assets, prepaid expenses, fixed assets (asset) account, wages (expense) and loss on sale of assets (loss) account.
Since the service was performed at the identical time because the cash was received, the revenue account Service Revenues is credited, thus increasing its account balance. Cash is an asset account hence it's increased by debiting it.
When a business receives cash, it's always recorded as a rise to cash and a decrease to an expense. a shot balance may balance but not be correct. Income statements accounts also are referred to as temporary accounts.
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A+t-bill+with+face+value+$10,000+and+87+days+to+maturity+is+selling+at+a+bank+discount+ask+yield+of+3.4%.+a.+what+is+the+price+of+the+bill?+b.+what+is+its+bond+equivalent+yield?
It's bond equivalent yield is equal to its face value.
The bond equivalent yield components is calculated via dividing the difference between the face value of the bond and the buy charge of the bond, by way of the price of the bond. That answer is then expanded by way of 365 divided by means of "d," which represents the range of days left until the bond's maturity.
What is bond equivalent basis?The bond equal groundwork is the non-annual bond rate in annual terms. It can be implicitly calculated thru the distinction in bond prices. The bond equal groundwork yield then helps traders to appropriately evaluate two one of a kind rates. Without a related rate, buyers are evaluating apples and oranges.
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https://brainly.com/question/6623488#SPJ4In the boston consulting group approach, ________ serves as a measure of company strength in the market.
In the Boston consulting group approach, relative market share serves as a measure of company strength in the market.
Relative market share – what is it?A metric that aids businesses in determining where they stand in the market in relation to their main rival are relative market share. Their benchmark is the latter's market share.
The importance of relative market share
You can locate the key companies and comprehend your place in the market by calculating your relative market share. See the sample below for a better understanding of this statistic.
For instance, Company A has a market share of 35% in the jewelry sector, which is amazing. It indicates that other businesses occupy 65%. If there are five leading jewelry brands, they will divide the remaining 65% among themselves, with each receiving about 10% of the market, making Company A the market leader.
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Other names for manufacturing overhead include? indirect manufacturing costs prime manufacturing costs factory overhead factory burden
Answer:
factory overhead, production overhead, and factory burden
Payment is made for machinery purchases previously on credit. what effect does this transaction have on the accounting equation?
When machinery that was previously purchased on credit is paid for, both liabilities and assets on the balance sheet increase by the same amount.
A balance sheet, also referred to as a statement of financial position or a statement of financial condition in financial accounting, is an overview of the financial standing of an individual or organization, including a sole proprietorship, a business partnership, a corporation, a private limited company, or other entities like the government or not-for-profit organizations.
A balance sheet is frequently referred to as a "snapshot of a company's financial condition". Of the four fundamental financial statements, the balance sheet is the only one that only relates to a certain moment in a company's fiscal year.
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Which industry has a larger economic impact in the u. S. -sports or entertainment?.
answer: entertainment
The ability to profit by purchasing wheat in the u.s. and selling it in china implies that the?
The capability to benefit by copping wheat in the U.S. and dealing it in China implies that the real exchange rate is lower than 1.
Purchasing Power Parity By removing the variations in price situations between nations, copping power equivalence( PPPs) are rates of currency restatement that aim to equate the purchasing power of colorful currencies.
Grounded on PPP, India's GDP per capita in 2020 was 461 foreign currency. India's GDP per capita calculated using PPP climbed from,022 USD in 2001 to,461 USD in 2020, expanding at an average periodic rate of6.39.
The ability to profit by purchasing wheat in the U.S. and selling it in China implies that the real exchange rate is less than 1.
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Employment is an example of which type of need?
a. self-esteem
b. physiological
c. love and belonging
d. safety and security
Employment is an example of safety and security type of need.
Employment is a partnership between two people that governs the delivery of compensated labor services. One party, the employer, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them. Employees perform work in exchange for pay, which may be made up of an hourly rate, piecework payments, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties. In some industries, employees could get stock options, bonuses, or gratuities. Employees may also receive benefits in some jobs in addition to compensation.
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Tom's drug store buys toothpaste for $1.00 and decides to mark it up to $1.50. this strategy decision falls into the?
Tom's Drug Store chooses to increase the price of the toothpaste it purchases from $1 to $1.50. The marketing mix is where this strategic choice belongs.
Product, pricing, place, and promotion have historically been the four main components of the "marketing mix," which is a foundational business strategy (also known as the "4 Ps").
The early twenty-first century saw the emergence of marketing theory. First published in 1984, the modern marketing mix has now evolved into the preeminent framework for marketing management decisions. An extended marketing mix is employed in the services industry, often consisting of 7 Ps (product, pricing, promotion, place, packaging, positioning, and people), which are the basic 4 Ps plus process, people, and tangible evidence.
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Insurance companies may initially cover the costs for collisions but the costs are then?
Damage you create is covered by liability insurance, and damage to your car is covered by collision insurance.
What is an insurance?A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses. If something unfavorable occurs, the insurance provider compensates you or a different person of your choosing. If an accident occurs and you don't have insurance, you may be responsible for paying all costs.
Insurance coverage can be used to cover expenses like medical bills, car repairs, business losses, and unplanned trips. Life insurance and general insurance are the two primary subcategories of insurance protection. General Insurance can be further broken down into subcategories that compile various types of coverage.
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If demand increases and supply decreases, the change in the equilibrium price will be ______, and the change in the equilibrium quantity will be ______.
If demand increases and supply decreases, the change in the equilibrium price will be increasing, and the change in the equilibrium quantity will be decreasing.
What do equilibrium price and quantity mean?
The equilibrium market includes the equilibrium price and quantity. When buyers and sellers are equally eager to swap a good or service for another at the same price, the market is said to be in equilibrium. The quantity in question is referred to as the equilibrium quantity, and this price is the equilibrium price.
Demand amount and supply quantity are always relevant to the state of equilibrium. The supply and demand schedule, demand and supply curves, and demand and supply formulas can all be used to determine market equilibrium.
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The tax planning strategy that involves deferring or accelerating taxable income and tax deductions is:______.
The tax planning strategy that involves deferring or accelerating taxable income and tax deductions is tax timing.
What is tax timing?
Tax timing refers to all the methods utilized so as to reduce the tax liability of an individual or business. This is done by either deferring or accelerating tax income.
For example, a taxable entity might defer recognising tax until the business has earned a loss. The loss earned can be used to reduce the tax liability of the entity.
Also, for countries that use a progressive tax rate, people might decide to defer taxable income until later years when they are in retirement when the tax they are to pay would be reduced.
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Gdp or gross domestic product is the sum total of all economic activity for a given year. question 2 options: true false
Gross domestic product, also known as GDP, is the total of all economic activity for a specific year.
The given statement is True.
two of the maximum broadly used indicators of an economy are GDP and GNP. each represent the combination market value of all products—items and services—produced over a particular time period. they are, however, computed considerably otherwise.The fee of the very last domestic items and services generated inside a rustic's boundaries is called the gross domestic product (GDP). The price of all finished items and offerings owned by a nation's residents, no matter whether or not those items were made in that kingdom, is what is known as its gross countrywide product (GNP).those measurements represent many methods to gauging the size of an economy. even as GDP restricts its interpretation of the financial system to in the nation's boundaries, GNP broadens it to don't forget the internet abroad monetary interest accomplished by means of its citizens.each the gross home product (GDP) and the gross national product (GNP) are often used signs of an economy's general manufacturing.The gross domestic product (GDP) estimates the value of products and services produced inside a kingdom's borders with the aid of each citizens and non-residents.GNP gauges the really worth of the commodities and services that a kingdom's populace create both at domestic and abroad. worldwide economies most regularly utilize GDP as a degree. In 1991, america stopped the use of GNP as a comparison metric and switched to using GDP alternatively. The word Gross national income, or GNI, is increasingly frequently used as a synonym for GNP.To learn more about GDP visit:https://brainly.com/question/1383956
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The fasb's conceptual framework classifies gains and losses based on whether they are related to an entity's major ongoing or central operations. these gains or losses may be classified as?
These gains and losses may be described or classified as either operating or nonoperating, depending on their relation to an entity's major ongoing or central operations.
What does Conceptual Framework say about profit and loss?The Exposure Draft proposed that, because profit or loss is the primary source of information about an entity's financial performance for the period, the framework should include a presumption that all income and all expenses will be included in that statement.The FASB's conceptual framework classifies gains and losses based on whether they are related to an entity's major ongoing or central operations.Nonoperating are “other” gains and losses.To learn more about Fasb gain and loss, refer
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Success at delivering customer value rests on how well a company's entire supply chain performs against competitors' supply chains.
a. true
b. false
The claim that success at delivering customer value rests on how well a company's entire supply chain performs against supply chains of competitors is correct. Thus, the answer is TRUE.
Be aware that the term "supply chain" describes a path leading from raw materials to components to finished goods that are delivered to customers.
Businesses must truly strive to comprehend their customers or consumers, provide value to them, and establish enduring connections with them since firms actually profit from superior customer value creation.
Customers' value is captured in the form of sales, profits, and long-term customer equity by businesses that create value for consumers. Taking this into account is known as marketing or the process by which businesses produce value for customers and establish trusting bonds with them in order to reap value from them in return.
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Budgeting, analysis of investment proposals, and provision of funds are activities associated with the _______ function.
Budgeting, analysis of investment proposals, and provision of funds are activities associated with the Finance function.
This is further explained below.
What is investment?Generally, Investing has the potential to earn substantially larger returns than savings accounts, but this advantage comes with risk, particularly over shorter time periods.
Savings accounts have a much longer time horizon. If you are putting money aside for a purpose that can be accomplished in a relatively short period of time and know that you will need access to the cash in the not too distant future, it is likely in your best interest to keep the money in a savings account.
In conclusion, Activities connected to the Finance function include budgeting, analysis of investment ideas, and funding.
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Explain why some buyers would think the equilibrium price of coat is too big and some sellers would think the equilibrium price is too low
Some buyers would think the equilibrium price of coat is too big while some sellers would think the equilibrium price is too low because the quantity of goods that buyers are willing to buy does not balances the quantity of goods sellers are willing and able to sell.
What is an equilibrium price?Basically, an equilibrium refers to the state in which market supply & demand balance each other and because of this, the prices become stable. Also, the equilibrium price is where the supply of goods matches demand and when a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and the market is in a state of equilibrium.
Therefore, in some cases buyers would think the equilibrium price of coat is too big while sellers would think the equilibrium price is too low because the quantity of goods that buyers are willing to buy does not balances the quantity of goods sellers are willing and able to sell.
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Health insurance companies that charge so much for health insurance premiums that many people cannot afford it is an example of market failure caused by:______.
Health insurance companies that charge so much for health insurance premiums that many people cannot afford it is an example of market failure caused by 'Risk pulling'.
Knowing why markets failWhen members of a group experience poorer outcomes than they would have without engaging in fully rational self-interest, this is known as a market failure. Such a group experiences either excessive expenses or insufficient advantages. Market failure results in economic outcomes that differ from what economists often deem desirable and are typically not economically efficient.
Contrary to what its name suggests, market failure does not only refer to flaws in the market economy; it can also occur in government action.
By pushing for minor charges on everyone else, such as through a tariff, special interest groups can benefit significantly.
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The regular expression for 4-digit cvc numbers used by american express card holders is?
The regular expression for 4-digit CVC numbers used by American Express card holders is /^\d{4}$/.
CVV stands for Credit card Validation (or Verification) Value. The CVV is a three or four digit code embossed or printed on the opposite aspect of many credit score or debit cards. This is a further protection degree to make certain which you have bodily ownership of the credit score card itself. Remove the remaining range of the credit score card range, then input within side the four digit CVV code, in the end placed the remaining digit of the credit score card again at the credit score card range line. The CVC is the 4-digit range positioned at the the front of the credit score card. The 4-digit range is positioned at the proper or left above the account range. The CVC is the three-digit range positioned at the again of the credit score card, at once after the remaining 4 digits of the credit score card range.
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Is the company's market-to-book ratio meaningful? is its book debt-equity ratio meaningful? explain
Because the book value of equity is negative in this case, Clorox's market-to-book ratio and its book debt-equity ratio are not meaningful. Its market debt-equity ratio may be used in comparison.
What is debt-equity ratio?The debt-to-equity ratio is a financial metric that shows how much debt and shareholder equity were utilized to finance the assets of a company. The ratio, often known as risk, gearing, or leverage, is closely related to leveraging. The debt-to-equity (D/E) ratio demonstrates how much equity and debt are being used by a company to finance its assets. The D/E ratio indicates the capacity of shareholder equity to pay creditors in the case of a corporate downturn. Debt to Equity Ratio = Total Debt / Shareholder Equity is a quick formula. Long formula: Shareholders' equity / (short term debt plus long term debt plus fixed payment obligations).
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According to the liquidity premium theory, the expected yield on a two-year security will ____ the expected yield from consecutive investments in one-year securities.
Answer: be greater than
One of the most popular tools used by firms to evaluate their current situation and future prospects is the ______.
The SWOT analysis is among the most often utilized methods to assess their current state and potential futures.
The required details for SWOT analysis in given paragraph
What are some examples and a SWOT analysis?
Strengths, Weaknesses, Opportunities, and Threats, or SWOT, is an acronym. Your firm has internal strengths and weaknesses that you can improve and exert some control over. Examples include your team members, your patents and other intellectual property, and where you are.
What advantages come from performing a SWOT analysis?
Discovering your organization's internal strengths and weaknesses is made easier with the help of a SWOT analysis. It also aids in identifying the threats and possibilities you face from the outside world. Because of this, it's a crucial tool for doing internal and external Strategic Analysis.
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When a fire sale occurs? a. uncertainty is reduced. b. banks may become insolvent. c. financial frictions are low. d. adverse selection and moral hazard are reduced.
Banks might go bankrupt after a fire sale.
Selling items or assets at steep discounts is known as a fire sale. The term "fire sale" originally referred to the sale at a discount of items that had been burned down. A fire sale can be a chance for investors. These days, the term is more frequently used to describe any sale where the seller is in financial difficulty. For value investors, securities that are being sold at a steep discount may present an attractive risk-reward trade-off because the downside danger may be low and the upward potential is high. The decision to buy assets during a fire sale presents a problem for investors.
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According to the textbook, __________ is an influence tactic that increases commitment by allowing people to participate in deciding how to carry out or implement a request.
The textbook claims that consultation is a persuasion technique that boosts commitment by letting individuals take part in choosing how to carry out or implement a request.
What do you mean by consultation?
An official discussion and working on anything is referred to as a consultation. It can also refer to a meeting with a professional or expert to gather knowledge.
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The most liquid measure of money supply is part 2
a. m0.
b. m1.
c. l.
d. m2.
e. m3.
The correct answer is (b) m1.
M1 is a measure of the money supply and includes the most liquid assets. In other words, M1 refers to any assets that can be used to quickly swap for goods and services. Circulating coin and currency, traveler's checks, demand deposits, and other checkable deposits make up this amount.
Describe M1.The money supply, also known as M1, is made up of cash, demand deposits, and other liquid deposits like savings accounts. M1 contains the liquid portions of the money supply since it comprises assets and currencies that are either already cash or can be converted into it quickly.
Which type of currency is the most movable?The most livable indicator of the money supply is M1. Checking deposits, traveler's checks, and active money are all included.
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Lawyers inc. accepted a $12,000 retainer for which the company agreed to provide services in the future. recognizing this event would:_______
If Lawyers inc. accepted a $12,000 retainer for which the company agreed to provide services in the future. recognizing this event would: defer the recognition of revenue, cause the company's assets to increase, cause the company's liabilities to increase.
What is deferred revenue?Deferred revenue can be defined as the money or cash a company received for goods and services that was paid in advance by customers in which the service is to rendered to the customer in the future.
Hence, if the company received the amount of $2000 for a service they will provide in the future which means that recognizing this event would defer the recognition of revenue, Cause the company's assets to increase and as well cause the company's liabilities to increase.
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defer the recognition of revenue
cause the company's assets to increase
cause the company's liabilities to increase
The difficulty with using a panel consensus is that lower-level employees may be intimidated by higher levels of management. true false
The problem with using a panel consensus is that senior management may frighten lower-level employees. This statement is true.
Panel consensus is a qualitative forecasting method that gathers all of an organization's internal specialists for a free-wheeling discussion on a good or service. The meeting will end when a consensus is reached, and anyone may participate. Ex post facto validation of the forecast's accuracy using actual sales data.
Other names for it include expert aggregation, ensemble averaging, model averaging, forecasting averaging, and forecasting averaging. Because only professionals from within the company are involved, this strategy varies from Delphi or market research. A panel consensus procedure can be used on a regular basis for a group of precisely defined variables. The forecast serves as a risk gauge or predictor of "less likely" events.
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If you want your presentation to appeal to professionals with a red motivational value system—those who are most often guided by concerns about organizing people, time, money, and other resources to accomplish results, you should.
RED: Leadership by Direction The leadership style known as Red (Assertive-Directing) is directive. Stakeholders who have a Red MVS are frequently goal-oriented. They could look for the quickest way to achieve their goals and desire to launch new products or concepts first. They frequently coordinate people and resources to accomplish goals and have a persuasive personality. In their quest of outcomes, they can be prepared to burden people excessively or shorten the length of research.
A RED stakeholder speaks with tremendous assurance because he is certain that everyone is interested in hearing what he has to say.
Cultural Competence
Culturally sensitive techniques can enhance client participation in services, client-provider therapy partnerships, and Retention in therapy and results. The reduction of behavioral health inequities requires cultural competence.
The development of cultural competency can have significant implications on clients, providers, communities, and other stakeholders as well. By highlighting the value of variety, adaptability, and responsiveness in meeting the present and evolving demands of customers, communities, and the healthcare environment, cultural competency enhances an organization's sustainability. In part by matching services to client needs, culturally sensitive organizational strategies and clinical services can help reduce organizational risk and offer affordable care needs from the beginning more adequately.
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A company (regardless of industry) that uses digital technology involving connectivity, communication, and ai as a foundation of its value-creation processes is referred to as a(n) ______.
A company (regardless of industry) that uses digital technology involving connectivity, communication, and ai as a foundation of its value-creation processes is referred to as a(n ) digital enterprise
This is further explained below.
What is a digital enterprise?Generally, A company that incorporates the use of technology to achieve a competitive edge in both its internal and external business operations is known as a digital firm.
The term "digital technologies" refers to any electronic equipment, system, device, or a resource that can create data, store data, or process data. Examples such as social media, online gaming, multimedia, and mobile phones are very familiar to most people.
Learning of any kind that makes use of technology is referred to as digital learning.
It is possible across the board in every subject area of the curriculum.
In conclusion, A digital business is a corporation, regardless of the sector, it operates in, that employs digital technology as the basis for its value-creation activities.
This digital technology often involves connection, communication, and artificial intelligence.
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Who suffered the most from the whiskey tax?
a. western farmers
b. eastern merchants
c. northern bankers
d. southern slave owners
The whiskey tax caused the most harm to Western farmers.
What is the whiskey tax?Farmers and distillers in western Pennsylvania revolted in 1794 against a federal whiskey tax, sparking the Whiskey Rebellion. After years of aggressive tax collector behavior, the area ultimately erupted in a conflict that led President Washington to dispatch troops to put an end to what some feared may turn into a full-fledged revolt.
Republicans gained favor as a result of their opposition to the whiskey tax and the revolt itself, and in 1802, they ousted the Federalists from power in Washington. One of the earliest significant challenges to the legitimacy of the fledgling American government was the Whiskey Rebellion.
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