Which type of revenue or gain is generally recognized with the passage of time? revenue from sales. gain or loss from disposition. long-term construction contracts. revenue from fees or services.

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Answer 1

Long-term construction contracts type of revenue or gain is generally recognized with the passage of time long-term construction contracts

The definition of construction is the process of making something, the obsession with building, or the way something is put together. A construction example is creating and decorating a new ice cream parlor in a former shoe store. The construction industry is an important sector that contributes significantly to the economic growth of the country. The construction industry is an investment-oriented sector in which governments are showing great interest. The government contracts with the construction industry to build infrastructure in the health, transportation, and education sectors.

These are simple construction: Residential buildings such as single-family homes and apartment complexes. Commercial buildings such as offices and warehouses. Industrial facilities such as factories and large production facilities. Infrastructure projects such as roads, bridges, airports, and sewers.

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Related Questions

department a uses 2,000 labor hours. department b uses 3,000 labor hours. calculate the allocation rate for allocating $20,000 total cost on labor hours.

Answers

  The time it takes for the final amount to be $20,000 is 4 hours.

What is an equation?

 An equation is an expression that can be arithmetic or algebraic, which are related with an "=" sign that indicates equality of expressions.

    If apartment A uses $2000 per hour in labor and apartment B uses $3000 per hour, to arrive at a total amount of $20000, we formulate the following equation:

Final amount = hours (amount A + amount B)

hours = x, this is our hourly variable

20000 = x (2000 + 3000)

x = 20000 / (2000 + 3000)

x = 20000 / 5000

x = 4 hours

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Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. what is her opportunity cost if madeline buys 12 widgets?

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If Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. The opportunity cost if madeline buys 12 widgets is : 6 gizmos.

Opportunity cost

First step is to calculate the amount spent on widget

Amount= ( $2 x 12 )

Amount=$24

Second step is to calculate the Opportunity cost

Opportunity cost =$24/$4

Opportunity cost=6 gizmos

Therefore If Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. The opportunity cost if madeline buys 12 widgets is : 6 gizmos.

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A nonprofit organization that has operations in several countries is called a(n) _____ organization.

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A nonprofit organization that has operations in several countries is called a B) multinational organization.

What is a multinational organization?

A multinational organization is one that has operations in several countries instead of just one.

Being a multinational organization is not limited to for profit businesses alone which means that nonprofit organizations in several countries are also considered multinational organizations.

Options for this question include:

A) multinational corporation.B) multinational organization.C) multicontinental corporation.D) multicultural organization.E) connected organization.

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A cash budget is a money management tool that helps you to? a. monitor and control your finances. b. implement a system of disciplined spending. c. ach

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The cash budget is a money management tool that helps you to:

monitor and control your financesimplement a system of disciplined spendingachieve your long-term financial goals

What is a cash budget?

In accounting, the cash budget refers to a company's estimation of cash inflows and outflows over a specific period of time. Most company use the cash budget to determine whether it has sufficient cash to continue operating over the given time frame because it also provide a company with insight into its cash needs and any surpluses which help it determine if the business is using cash effectively.

On a level, the cash budget are used to assess whether the entity has sufficient cash to continue operating over the given time frame, hence, the cash budget is a money management tool that helps you to monitor and control your finances, implement a system of disciplined spending and achieve your long-term financial goals

Therefore, the Option D is correct.

Missing options "a. monitor and control your finances. b. implement a system of disciplined spending. c. achieve your long-term financial goals. d. All of these."

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Companies that observe religious holidays and allow workers to take breaks during the day to observe religious rites understand the ________ barriers that affect international trade.

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Companies that commemorate religious holidays and permit workers to take breaks during the day to observe religious rites comprehend the social and cultural barriers that affect international trade.

What is International trade?

International trade is the term for cross-border economic activity. Consumer products like televisions and apparel, capital goods like machinery, raw materials, and food are some of the things that are frequently traded. A need or desire for commodities or services leads to the exchange of capital, goods, and services across international borders or territories. Such trade accounts for a sizable portion of the gross domestic product in most nations.

Social and cultural norms and values serve as the foundation for socio-cultural barriers that are man-made. By limiting access to information sources and provoking unpleasant emotions, they mostly have a detrimental impact on information seeking.

Social barriers, also known as social determinants of health, are factors that affect how people are born, grow, learn, work, and age and can affect how well persons with disabilities function in society. Examples of societal barriers are as follows: Disability significantly lowers the likelihood of employment.

Hence, Companies that commemorate religious holidays and permit workers to take breaks during the day to observe religious rites comprehend the social and cultural barriers that affect international trade.

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During the adjusting process two transactions were neglected or omitted. The first is for unearned rent revenue of which $450 was earned during the period, the second was for accrued interest payable of which $275 is owed for the period. As a result of these omissions.

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The omission related to unearned rental income could increase net income by $690 while eliminating accrued expenses, interest expense and interest payable, increased expenses and liabilities by $275. As a result, revenues are understated by $690 while expenses are understated by $275 so net income is understated by $140. Assets are not affected by this error, but liabilities are overstated by $140.

Unearned income is another name for the term “deferred income". It is used to define the process by which a company accepts payment from a customer before that customer receives a product or service. In many cases, companies rely on an upfront payment to complete the manufacture of the product before shipping it to the customer.

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The short-run aggregate supply curve shifts to the right? when production costs rise when production costs fall when exchange rates rise when exchange rates fall

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Answer:

In this lesson summary review and remind yourself of the key terms and graphs related to short-run aggregate supply. topics include sticky wage theory and menu cost theory, as well as the causes of short-run aggregate supply shocks.

When all bonds of an issue mature at the same time, they are called __________ bonds. a.term b.serial c.callable d.convertible

Answers

They are referred to as "term bonds" when all of the bonds in an issue mature at once.

What is Issue?

A serial bond is a bond issue that is designed so that until all of the bonds have matured, a portion of the outstanding bonds will continue to mature at regular intervals. These bonds are intended to finance projects that provide a steady income stream for bond repayment because they mature gradually over a number of years. The maturity dates are specified in the offering documents, and the entire bond issuance is sold to the public on the same day. It is less likely that an issuer will miss an interest or principal payment and fail on the bond issuance if the total amount of outstanding bonds is decreased. Other bond offers are structured with a sinking fund, however a serial bond issue requires the issuer to repay specific bondholders on a certain date.

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These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising.

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Financial Services Corporations: this is a financial conglomerate that provides a range of services, such as investment banking, commercial banking, and financial advising.

This is further explained below.

What is financial advising.?

Generally, A specialist who offers customers a variety of financial services after analyzing their current monetary circumstances is known as a financial consultant or financial advisor.

In order to give advice to clients, financial advisors are required to have completed specialized training and to be registered with the appropriate regulatory authority in many countries.

A company that provides a comprehensive array of financial services, such as investment banking, brokerage operations, insurance, and commercial banking, all under one roof.

In conclusion, Financial Services Corporations are a kind of financial conglomerate that offers a variety of services to their customers.

These services include investment banking, commercial banking, and financial advisory services.

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complete question

These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising.

What type of financial Institution?

Is an example of an implicit cost? a. the wear and tear on a firm's machinery b. the cost to transport a firm's goods c. a firm's electric bill d. a salary paid to an employee

Answers

The price to transport a firm's goods is an example of implicit cost.

Implicit prices are a unique type of possibility cost: the cost of assets already owned by means of the firm that could have been put to some other use. For example, an entrepreneur who owns a enterprise should use her labor to earn income at a job.

What is express and implicit cost?

Explicit charges are out-of-pocket expenses for a firm—for example, repayments for wages and salaries, rent, or materials. Implicit prices are the probability price of assets already owned via the association and used in business—for example, expanding a manufacturing facility onto land already owned.

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A short term increase in synaptic strength after repetitive high frequency stimulation of a neural synapse is termed:_________

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A short term increase in synaptic strength after repetitive high frequency stimulation of a neural synapse is termed Facilitation.

What is synaptic strength?

Synaptic strength  can be described as the average amount of current  as well as the voltage excursion  that is been developed in the  postsynaptic neuron  through the  action potential in the presynaptic neuron.

It should be noted that  short term increase in synaptic strength after repetitive high frequency stimulation of a neural synapse is termed Facilitation.

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The price elasticity for corn from a particular farmer is likely to be ________.

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The price elasticity for corn from a particular farmer is likely to be perfectly elastic because that farmer has no influence over the price regardless of how much that farmer can produce.

What is Price Theory?

A microeconomic principle known as the "theory of price" or "price theory" asserts that the forces of supply and demand in the market will always decide the appropriate price for a given commodity or service.

According to the theory of prices, which is a branch of economics, the connection between a good or service's supply and demand at any given time determines the price of that good or service. If demand outpaces supply, prices ought to rise; if supply outpaces demand, prices ought to decline.

In a free market economy, producers normally seek to charge the most amount that is reasonable for their goods and services, while consumers want to pay the least amount possible to buy them. The two sides will eventually come together due to market forces at a price that both consumers and producers are ready to accept.

The market is said to be in equilibrium when the amount of an item or service that is offered equals the demand from potential customers. Price modifications are possible as market circumstances change thanks to the idea of price theory.

Thus, the Price theory holds value in economics while setting the price of goods and services.

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Complete Question:

The price elasticity for corn from a particular farmer is likely to be                          

because that farmer has no influence over the price regardless of how much that farmer can produce.

Following a _____ is to pay the going rate for a particular job, within a particular market based on research and salary studies.

Answers

Following a Market Compensation Policy is to pay the going rate for a particular job, within a particular market based on research and salary studies.

What is the Market Compensation Policy?

This is the term that us used to refer to the the of market plan that would have to do with the market rate that is ongoing for the particular job which is determined based on researching on salaries. It is one that had to do with the adopting of the market philosophy and would have to do with adding percentage raises to salary.

Hence we can say that following a Market Compensation Policy is to pay the going rate for a particular job, within a particular market based on research and salary studies.

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Suppose the price elasticity of demand for beef is about 1.2. other things equal, this means that a 15 percent increase in the price of beef will cause the quantity of beef demanded to?

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Price elasticity of demand is the ratio of the change in a product's quantity demanded to the change in its price.

Price elasticity of demand is equal to the product of the quantity sought and the price change.

Price Elasticity Moderation.

Other else being equal, if the price elasticity of demand for beef is roughly 0.8, this means that a 15% rise in the price of beef will result in a 12% drop in the quantity required, or;

0.8=% Change in Requirement Quantity / 15Demand quantity change = 0.8 x 15=12%

A good's price elasticity of demand is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.

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An investor has adjusted his portfolio based on changes that have been made in the s&p 500 index. with this information, what types of portfolio strategy is this investor using?

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An investor has adjusted his portfolio primarily based on changes that have been made inside the s&p 500 index. with this information, styles of portfolio techniques are that this investor the use of indexing.

An investor is an individual that puts cash into an entity together with an enterprise for a monetary go back. the main intention of any investor is to decrease hazards and maximize go back. it is in comparison with a speculator who is willing to invest in an unstable asset with the hopes of getting higher earnings.

An investor is a person, organization, or fund that buys securities or different properties with the expectation of cashing in on the alternate inside the fee of those assets through the years. not unusual investments encompass shares, bonds, trade-traded funds, actual estate, commodities, currencies, options, and derivatives.

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The individual responsible for managing all of the financial aspects of the organization is the:____

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The individual responsible for managing all of the financial aspects of the organization is the Financial manager.

What Performs a Financial Manager?

For a company's financial operations, financial managers are in charge. They create financial accounts, predictions, and business activity reports. They also evaluate reports to find methods to save expenses and increase revenues. A manager of finances may also be in charge of other finance personnel. A financial manager's responsibilities are evolving as technology develops. As well as conducting more data analysis, financial managers may offer advice to businesses. They may also have different responsibilities based on the sector of the economy they operate in. They exhibit knowledge of fiscal policy and tax regulations.

Normally, finance managers are employed full-time and work closely with other senior executives and divisions within their company.

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A leasehold estate conveyed to a tenant entitles the tenant to do all of the following except?
a. sell the property
b. enjoy the property
c. occupy the property
d. use the property

Answers

A leasehold estate conveyed to a tenant entitles the tenant to do all of the following except: a. sell the property.

What is leasehold estate?

Leasehold estate is when a lessor who is the person that lease out a property decide to lease out the   property  to a lessee or a tenant in which the lessee now have access to the property.

A lessee does not have the right to sell the property that was lease to him/her but has the right to do the following:

Enjoy the propertyOccupy the propertyUse the property

Therefore a leasehold estate conveyed to a tenant entitles the tenant to do all of the following except: a. sell the property.

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When an organization focuses on the obligations it has to consumers, employees, suppliers, and distributors it is accepting its ________ responsibility

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When an organization focuses on the obligations it has to consumers, employees, suppliers, and distributors it is accepting its stakeholder responsibility.

What is the stakeholder responsibility?

A company's stakeholder responsibilities refers to those obligations that it has to its internal and external stakeholders.

Internal stakeholders include employees and the external stakeholders include consumers, suppliers, and distributors.

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Other things equal, if the price of a key resource used to produce product x falls, the:______

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Other things equal, if the price of a key resource used to produce product X falls, the: Product supply curve of X will shift to the right.

What is Product supply curve ?

The supply curve in economics is a visual representation of the connection between the cost of an item and the quantity that a seller is willing and able to produce. The vertical axis of the graph reflects product pricing, while the horizontal axis represents supply quantity.

Therefore,

Other things equal, if the price of a key resource used to produce product X falls, the: Product supply curve of X will shift to the right.

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Cost of goods sold account is debited and finished goods inventory is credited for.

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For the sale of goods to a customer the cost of goods sold is debited and finished goods inventory is credited.

Cost of goods sold is the amount (total) your business paid as a cost directly related to sale of products. Business may include products that are purchased for resale purposes or it could incur direct cost of producing products that is known as cost of goods sold.

When goods are sold to any customer, the cost of goods sold is debited and with the same value the finished goods inventory is credited.

For example, a company sells $2,000 worth of goods to a customer, and the sales price is $2,200. The customer pays by cash the full value of the goods. The journal entry would be:

Account                                    Debit           Credit

Cash                                         $2,200

Sales Revenue                                             $2,200

Cost of Goods Sold               $2,000

Finished Goods Inventory                           $2,000

A debit to cost of goods sold represents an increase in the  expenses that are deducted from revenues to get the gross profit and net income for the period.

A credit to finished goods inventory depicts a decrease in the cost of inventories that are available for sale, reported under total assets.

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What type of virus is used to lock a user's system, or cloud accounts until the system's owner complies by paying the attacker a monetary fee?

Answers

Ransomware is the type of virus is used to lock a user's system, or cloud accounts until the system's owner complies by paying the attacker a monetary fee.

Ransomware is a subset of malware in which the data on a victim's computer is locked typically by encryption and payment is demanded before the ransomed data is decrypted and access is returned to the victim after the payment is made.

The motive for ransomware attacks is usually monetary, and unlike other types of attacks, the victim is usually notified that an exploit has occurred and is given instructions for how to recover from the attack.

Payment is often demanded in a virtual currency, such as bitcoin, so that the cybercriminal's identity is not known.

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The ________ market is the set of consumers who have interest, income, and access to a particular offer.

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'The available market is the set of consumers who have interest, income, and access to a particular offer.

Available Market - Potential market people who have enough money to buy the product. Eligible Available Market – People in the available market who are legally entitled to purchase the product. Markets Served – Segments of the Eligible Available Markets that we have decided to serve (markets served).

An Available Market is a place where buyers and sellers meet to facilitate the exchange or trade of goods and services. A marketplace can be physical, like a retail store, or virtual, like an e-merchant.

A market is a place where manufacturers, distributors or retailers sell and consumers buy. Examples of this are shops, malls, or websites. The term can also refer to an entire group of buyers of goods or services. Firms operating in the market usually compete with other firms.

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During which phase would the emergency situation end and rebuilding efforts begin?

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Reconstruction will be the phase that the emergency situation end and rebuilding efforts begin. This is a component of planning for continuity of operations (COOP). COOP is an effort made by specific agencies to make sure they can carry out their critical tasks during a variety of catastrophes.

COOP is merely ethical business conduct. Orders of succession, delegations of power, backup facilities, backup communications, administration of vital records, human resources, testing, training, exercising, devolution, and reconstitution are all covered by COOP Plans. In order to ensure the continuation of an agency's core operations, COOP involves preparing for every circumstance, including natural disasters, accidents, technology threats, and national security emergencies.

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organizations provide ways for employees to expand their knowledge or refine their skills through the use of .multiple choice question.training and developmentjob designrecruitment and selectionworkforce analytics

Answers

The correct answer is training and development

The goal of training and development is to increase the productivity of teams, people, and organizations. While development is tied to the advancement of longer-term organizational and personnel goals, training may be considered as related to immediate changes in organizational performance through structured teaching. Although the terms "training" and "development" theoretically have different meanings, they are frequently used together or interchangeably. However, over the past 20 years, training and development have grown to be closely related to human resource development, talent management, human resources development, course design, human factors, and knowledge management. Historically, training and development have been subjects within adult education and applied psychology.

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What is the total amount of final goods and service that firms in a country plan to produce, depending on the labor, capital, technology, natural resources, and entrepreneurial talent in the market?

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The quantity of real gross domestic product supplied is the total amount of final goods and service that firms in a country plan to produce, depending on the labor, capital, technology, natural resources, and entrepreneurial talent in the market. The total amount of finished goods and services that businesses in a nation intend to produce, based on the availability of labor, capital, technology, natural resources, and entrepreneurial talent on the market.

This amount is known as the real gross domestic product (GDP) supplied. Often referred to as constant-price GDP, inflation-corrected GDP, or constant dollar GDP, real gross domestic product (real GDP) is an inflation-adjusted metric that reflects the value of all goods and services generated by an economy in a given year (expressed in base-year prices).

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Financial inequality between public schools was an important issue in th 1990s but has been mostly resolved in the past decade. True or false

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Financial inequality between public schools was a crucial issue in the 1990s but has been mostly resolved in the past decade. False.

What is the distinction between public and private schools in the Philippines?

Private schools are not government funded, but track the same curriculum as public schools. Many private schools in the Philippines began as missionary or Christian schools. Classes are less than in public schools, and the facilities and resources are usually much better. Well, when it arrives to comparing the wisdom outcomes of children, private schools are no better than state schools.

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In terms of cost principles and cost allowability contract terms may only be _______ restrictive than required by law.

Answers

The answer is :- more

In terms of cost principles and cost allowability contract terms may only be more restrictive than required by law.

What are Allowable Costs?

What prices are acceptable and what costs are not are subject to extremely specific regulations set forth by the federal government. For instance, some of the costs that a contractor might typically report in terms of home office overhead in accordance with generally accepted accounting principles may not be allowed by the federal government when using the straightforward Eichleay Formula to calculate unabsorbed home office overhead.

According to the terms of the relevant contract in question, Cost Accounting Standards, and the FAR, allowable costs are defined as expenses that are reasonable and assignable to the contract.

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What is the process that gives home buyers detailed information about the overall condition of a home?

Answers

What to expect from the actual buying home process, and  practical advice to make your life easier when moving into a home, demystifying the process and helping you get the most out of this purchase.

Process to buy home?
Buying real estate
can be difficult for beginners. After all, there are multiple standards, steps, and tasks, and you might fear you're making a costly mistake. Here's what to consider before you buy, what you can expect from the actual buying process, and advice on how to make life easier after buying your first home. We explain in detail, demystify the process, and help you get the most out of your purchase. The American ideal still includes property rights as a key element. Government programs, tax benefits if you are a first-time buyer and do not have the usual minimum down payment (ideally 20% of the purchase price of a traditional loan) or belong to certain groups measures, and government-backed loans. Even if you are not a beginner, you may qualify for the first purchase tax credit.

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A primary residence in south carolina has a fair market value of $175,000. the local millage rate is .285. what can the owner expect to pay in property taxes?

Answers

In South Carolina, property taxes are computed based on the market value of an owner-occupied, legal residence. The assessed value of these houses is 4% of their fair market value. Market value is established by regular countywide reassessments.

Additionally, South Carolina has a corporate income tax rate of 5.00 percent. South Carolina levies a state sales tax of 6.00 percent, a local maximum sales tax of 3.00 percent, and an average state and local sales tax of 7.44 percent.

One mill is $1 for every $1,000 in assessed value. It consists of a local element that supports neighborhood services and a statewide portion that supports public education.

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What best explains why the employee of the month program failed to work? choose the correct answer.

Answers

"The decision-makers didn't use the scientific method to test if their ideas made sense" best explains why the employee of the month program failed to work. Option A

This is further explained below.

What is the scientific method?

Generally, Since the 17th century at the very least, the progression of scientific inquiry has been defined by the use of the scientific method, which is an empirical technique of collecting information.

It requires thorough observation as well as the application of rigorous skepticism about what is seen, given that one's cognitive assumptions might affect how one understands the data.

In conclusion, The fact that the decision-makers did not put their ideas through the rigorous examination needed by the scientific method perhaps explains the failure of the employee of the month program the most simply. Alternative A

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complete question

What best explains why the employee of the month program failed to work?

Choose the correct answer.

A) The decision-makers didn't use the scientific method to test if their ideas made sense

B) The Hawthorne effect suggests the decision-makers gave employees too much attention

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