True. Financial accounting is targeted at external users while management accounting focuses on internal users. Financial accounting is directed towards providing information to external parties like creditors, investors, shareholders, banks, and the government.
While Management accounting is used by internal managers and executives to aid in the development of decisions based on the reports. The trial balance is a statement that assists in verifying the correctness of ledger balances. It is not a financial statement; instead, it is a list of all accounts in the ledger and their respective credit or debit balances. c) False.
Bank loans may be either current or non-current liabilities. If the loan has a maturity period of less than 12 months, it will be classified as a current liability. If the loan's maturity period is greater than 12 months, it will be classified as a non-current liability.
In accounting, revenue is recognized when it is earned, regardless of whether or not cash has been transferred. A revenue-generating process occurs as soon as the goods have been sold or the services have been rendered.
Transactions that are too difficult should not be avoided in accounting; instead, accounting principles should be used to ensure that transactions are recorded accurately and consistently.
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Mass customization is one of several ________ strategies.
Mass customization is one of several Segmentation strategies.
What is Mass customization?Mass customization is a production and marketing strategy that combines the benefits of mass production with those of customization. It allows companies to create products that are tailored to individual customers' needs, preferences, and specifications, while still achieving economies of scale and efficiency in the production process.
Mass customization involves the use of technology and automation to produce customized products on a large scale. Companies use customer data and other inputs to create a highly configurable product that can be quickly and efficiently produced using standardized components and manufacturing processes.
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If a bank's capital-to-asset ratio is 0.1 and it's return on equity is 6%, what is its return on assets?
o 0.6%
o 6.0%
o 60%
o 0.06%
If a bank's capital-to-asset ratio is 0.1 and it's return on equity is 6%, what is its return on assets is b. 6.0%
Capital-to-asset ratio = 0.1
Return on equity = 6%
Since the capital-to-asset ratio is 0.1,
Therefore, the equity-to-assets ratio will be
= 1 - 0.1
= 0.9
Therefore, now calculating the leverage ratio:
Leverage Ratio = Assets / Equity
= 1 / 0.9 = 1.1111
Calculating the return on assets -
ROA = Return on Equity (ROE) x Leverage Ratio
= 6% x 1.1111
= 6.6667%
Therefore, the bank's return on assets as per the options will be 6.0%
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Investors and analysts must have certain capabilities regarding financial reporting which include: ________
The answer to the question includes:
an understanding of current financial reporting standards.recognition that management selects the financial reporting standards used. an ability to recognize that financial statement information reported is grounded in judgment as well as factsThis is further explained below.
What is financial reporting?Financial reports are used by businesses to compile accounting data and present their current financial situation.
Accounting, also spelled as financial reporting, is the process by which monetary and nonmonetary data about economic entities like businesses and corporations are quantified, processed, and communicated.
An investor is an individual or group that contributes to the funding of a financial project.
In conclusion, Investors and analysts must have certain capabilities regarding financial reporting which include:
an understanding of current financial reporting standards.recognition that management selects the financial reporting standards used. an ability to recognize that financial statement information reported is grounded in judgment as well as factsRead more about financial reporting
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which of the follwoing would not be considered an example of foreign direct investment? A) cross-border purchase of a textile plantB) cross-border purchase of stocksC) purchase of capital assets of a foreign companyD) purchase of foreign land for business operations
B) Cross-border purchase of stocks would not be considered an example of foreign direct investment. Foreign direct investment (FDI) refers to a company or individual investing in and managing operations in a foreign country.
The purchase of stocks does not involve managing operations, as it is simply an investment in the ownership of a company. While a cross-border purchase of stocks is still an investment in a foreign country, it does not meet the definition of FDI.On the other hand, A) cross-border purchase of a textile plant, C) purchase of capital assets of a foreign company, and D) purchase of foreign land for business operations are all examples of foreign direct investment. These involve investing in and managing operations in a foreign country, which is the essence of FDI. Such investments can have significant economic impacts on both the host country and the investing country, including job creation, increased production, and improved technology transfer.
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Pilar Perez makes time and a half for hours over 40. How much additional pay
would she earn if she worked 65 hours?
Based on the amount that Pilar Perez makes in 40 hours, the additional pay she would earn if she worked 65 hours is $1,367.88.
How much would Pilar Perez earn?The amount that Pilar Perez earns per hour for 40 hours is:
= 17.65 x 40
= $706
Every hour over 40 hours is a time and a half so Pilar Perez makes:
= (65 - 40) x (17.65 x 1.5)
= 25 x 26.475
= $661.88
Total amount Pilar Perez makes is:
= 661.88 + 706
= $1,367.88
First part of the question is:
Pilar Perez is a truck driver. she earns $17.65 per hour
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extended decision making is the type of consumer decision-making process that
Extended decision making is a type of consumer decision-making process in which the product costs higher and purchases are made infrequently.
Consumer decision making refers to the process that consumers go through in deciding what to buy, including problem recognition, information search, alternative evaluation, decision making and post-purchase evaluation. In today's world, a consumer has many choices when making any decision.
But basically, consumers have five decision dimensions as follows:
What to buy? The decision to buy any product is the most important task. Until a decision is made, the consumer cannot buy anything.How much to buy? The next decision that consumers have to make is how much product to buy. It depends on the type of product to be purchased and then the purchase can be made.Where to buy it? Another decision that consumers have to make is where to buy the product. Consumers will usually go to places where the services offered are very good.When to buy? Consumers also have to decide when the purchase should be made. This is also influenced by product availability.How to buy? In this case the consumer must decide whether to pay in cash or by credit payment. Sometimes consumers also expect the goods purchased will be delivered by the retailer or the installment facility on the online purchase option can increase product sales.You can learn more about Consumer decision here brainly.com/question/14437518
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please type the answer by computer, so i can see it clearly, thank you!!
If you are a marketing manager of Ocean Park in Hong Kong. So, you need to develop a demand function/ equation for a one-day visit to Ocean Park with FOUR variables (excluding Qdx). Which four variables would you choose? How would each of these variables affect Qdx?
As a marketing manager of Ocean Park in Hong Kong, you need to develop a demand function/equation for a one-day visit to Ocean Park with FOUR variables (excluding Qdx). The four variables that I would choose are as follows: Price of the ticket: The price of the ticket will determine the number of visitors.
If the ticket price is too high, fewer visitors would come and vice versa. Income of visitors: The income of visitors will affect their spending capacity. If visitors have high income, they may be more likely to spend more and vice versa. Availability of substitute products: If there are many other theme parks or attractions nearby, visitors may be less likely to visit Ocean Park and vice versa. Marketing efforts: The more marketing efforts (advertising, social media, promotions, etc.) are made, the more likely visitors are to know about Ocean Park and visit it. Hence, each of these variables will affect the quantity demanded (Qdx) in the following ways: If the ticket price increases, the quantity demanded (Qdx) will decrease.
Conversely, if the ticket price decreases, the quantity demanded will increase. If the visitors' income increases, the quantity demanded (Qdx) will increase. Conversely, if visitors' income decreases, the quantity demanded will decrease. If there are more substitute products available, the quantity demanded (Qdx) for Ocean Park will decrease. Conversely, if there are fewer substitute products available, the quantity demanded will increase. If there are more marketing efforts, the quantity demanded (Qdx) for Ocean Park will increase. Conversely, if there are fewer marketing efforts, the quantity demanded will decrease.
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If you are the marketing manager of Ocean Park in Hong Kong, the four variables that you could choose to develop a demand function/equation for a one-day visit to Ocean Park are given below:Price (P): The price of the ticket would directly affect the demand for Ocean Park. As the price increases, the demand for the park decreases.
On the other hand, as the price of the ticket decreases, more people would be interested in visiting the park.Income (I): The income of the consumers would also influence the demand for the park. As income increases, people would be willing to spend more on leisure activities like visiting parks. Hence, the demand for Ocean Park would increase.Taste (T): The taste of the consumer would also play a crucial role in the demand for the park. Some people like adventurous activities, while others may prefer a more relaxing atmosphere. Hence, the kind of activities that the park offers would affect the demand for it.Advertising (A): The amount of advertising done for the park would also impact the demand for Ocean Park.
More advertising would result in increased awareness of the park and would attract more visitors. On the other hand, less advertising would result in fewer visitors.Each of these variables would affect Qdx (quantity demanded) in the following way:Increase in P → Decrease in QdxIncrease in I → Increase in QdxIncrease in T → Increase in QdxIncrease in A → Increase in Qdx
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A businesswoman logs time in an airliner and a rental car to
reach her destination. The total trip is 1, 100m , the plane
averaging 600mi / h and the car 50mi / h . How long is spent in the
automobile
The businesswoman spends 12 hours in the automobile.
To determine the time spent in the automobile, we need to find the difference between the total trip time and the time spent in the airliner. The total trip distance is 1,100 miles, and the airplane travels at an average speed of 600 miles per hour. Therefore, the time spent in the airliner can be calculated as 1,100 miles divided by 600 miles per hour, which is approximately 1.83 hours.
Next, we subtract the time spent in the airliner from the total trip time. The total trip time is given in hours, so we have 1.83 hours subtracted from the total trip time. This gives us approximately 12 hours spent in the automobile.
Therefore, the businesswoman spends approximately 12 hours in the automobile for her trip.
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what should be a leader's role in practicing corporate social responsibility (csr)? give examples of some firms known for initiating successful socially responsible corporate programs.
A leader's role in practicing corporate social responsibility (CSR) is crucial in ensuring that the organization is responsible towards society and the environment.
The leader should ensure that the organization's practices align with the values of sustainability, transparency, and ethical behavior. A leader can initiate CSR programs that promote environmental protection, social welfare, and ethical business practices. The leader should also encourage employees to participate in CSR activities and integrate them into the organization's culture. By doing so, the leader can promote the organization's reputation and improve its bottom line.
Some firms that are known for initiating successful CSR programs include Patagonia, which is committed to environmental sustainability and uses sustainable materials in its products. Unilever is also known for its sustainable living plan, which aims to improve the health and well-being of people worldwide, while reducing environmental impact. Starbucks has also initiated CSR programs like the Farmer Support Center, which assists coffee farmers in growing their businesses sustainably. These firms have successfully implemented CSR programs that align with their values and have helped to improve their reputation and bottom line.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Most new jobs in the United States will be in the a manufacturing industries:
b. goods-producing industries
C. service-producing industries
d. agriculture-producing industries
Please select the best answer from the choices provided
Α
B
С
D
Answer:
d agriculture-producing industries
Most new jobs in the United States will be in manufacturing industries service producing industries. The correct option is c.
In the United States, manufacturing is an important economic sector. The United States is the world's third-biggest manufacturer (after the People's Republic of Chine and the European Union), with a record high real output of $2.00 trillion (adjusted for inflation in 2009 dollars) in Q1 2018, significantly above the $1.95 trillion peak before the Great Recession in 2007.The manufacturing industry in the United States employed 12.35 million people on December 2016 versus 12.56 million in December 2017, a 1.7% rise.
Manufacturing, while still a significant portion of the US economy, contributed less to GDP in Q1 2018 than the 'Finance, insurance, real estate, rental, other leasing' sector, the 'Government' sector, or the 'Professional and business services' sector.
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Q9. WE Company has completed all operating budgets other than the income statement for 2024. Selected data from these budgets follow.
Sales: $350,000
Purchases of raw materials: $145,000
Ending inventory of raw materials: $15,000
Direct labor: $40,000; Manufacturing overhead: $73,000, including $3,000 of depreciation expense
Selling and administrative expenses: $36,000 including depreciation expense of $1,000; Interest expense: $1,000
Principal payment on note: $2,000; Dividends declared: $2,000 and Income tax rate: 30%
Other information:
Assume that the number of units produced equals the number sold.
Year-end accounts receivable: 4% of 2024 sales.
Year-end accounts payable: 50% of ending inventory of raw materials.
Interest, direct labor, manufacturing overhead, and selling and administrative expenses other than depreciation are paid as incurred.
Dividends declared and income taxes for 2014 will not be paid until 2015.
Instructions
(a) Calculate budgeted cost of goods sold.
(b) Prepare a budgeted income statement for the year ending December 31, 2014.
(c) Prepare a budgeted balance sheet as of December 31, 2014
Answer:
(a) To calculate the budgeted cost of goods sold, we need to use the following formula:
Beginning Inventory of Raw Materials + Purchases of Raw Materials - Ending Inventory of Raw Materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Costs
$0 (assuming no beginning inventory of raw materials) + $145,000 - $15,000 + $40,000 + $73,000 = $243,000
Then, we can use the following formula to calculate the budgeted cost of goods sold:
Total Manufacturing Costs + Beginning Finished Goods Inventory - Ending Finished Goods Inventory = Cost of Goods Sold
$243,000 + $0 - $0 = $243,000
Therefore, the budgeted cost of goods sold is $243,000.
(b) Using the information above, we can prepare a budgeted income statement for the year ending December 31, 2014 as follows:
WE Company
Budgeted Income Statement
For the Year Ending December 31, 2014
Sales $350,000
Cost of Goods Sold $243,000
Gross Profit $107,000
Selling and Administrative Expenses $36,000
Depreciation $1,000
Interest Expense $1,000
Income before Taxes $69,000
Income Tax Expense $20,700
Net Income $48,300
(c) Using the information above, we can prepare a budgeted balance sheet as of December 31, 2014 as follows:
WE Company
Budgeted Balance Sheet
As of December 31, 2014
Assets
Cash TBD
Accounts Receivable TBD
Inventory of Raw Materials $15,000
Finished Goods Inventory TBD
Total Assets TBD
Liabilities and Stockholders' Equity
Accounts Payable TBD
Note Payable TBD
Stockholders' Equity TBD
Total Liabilities and Stockholders' Equity TBD
To complete the budgeted balance sheet, we need additional information such as the amount of cash, accounts receivable, finished goods inventory, note payable, and stockholders' equity.
On July 1 of Year 1, West Company purchased for cash, 8, $10,000 bonds of North Corporation at a market rate of 6%. The bonds pay 5% interest, payable on a semiannual basis each July 1 and January 1, and mature in three years on July 1. The bonds are classified as trading securities. West Company's annual reporting period ends December 31. Assume the effective interest method of amortization of any discounts or premiums.
(Note: When answering the following questions, round answers to the nearest whole dollar.)
The bond discount will be amortized using the effective interest method over the three-year life of the bonds.
When West Company purchased the $10,000 bonds of North Corporation, they were bought at a market rate of 6%. However, the bonds themselves pay only 5% interest. This means that the bonds were purchased at a discount, as the market rate of interest was higher than the coupon rate.
Since the bonds are classified as trading securities, West Company will need to account for the bond discount. The effective interest method of amortization is used to allocate the bond discount over the life of the bonds. This method ensures that the interest expense recognized on the bonds reflects the effective interest rate at the time of purchase.
Over the three-year life of the bonds, West Company will amortize the bond discount using the effective interest method. This means that each reporting period, the company will allocate a portion of the bond discount as an adjustment to interest expense. The amortization will continue until the bond discount is fully allocated by the time the bonds mature.
By amortizing the bond discount, West Company will accurately reflect the lower interest expense associated with the discounted purchase of the bonds. This ensures that the company's financial statements accurately reflect the cost and interest income generated by the investment.
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Essay: Are Songs Poems?
Write an introduction.
What are your agurments? Which side are you on? Do you agree or
disagree? Explain
Songs can be considered poems. The use of figurative language, rhyme, and meter, and the intention to express thoughts and emotions are all characteristics shared by both forms of literature. While songs may have additional elements such as music, these elements do not diminish the poetic qualities of the text.
Songs and poems share similar traits. Both forms of literature have meter, rhyme, and rhythm. Therefore, it is essential to determine whether songs can be considered poems. In this essay, I will argue that songs can be considered poems.
Arguments The similarity between songs and poems can be seen in various ways. For instance, both forms of literature use figurative language, such as metaphors, similes, and personification. Moreover, both forms are written to express emotions, thoughts, and ideas, to tell a story, and to make social and political commentary.
Additionally, both forms of literature use rhyme and meter to emphasize specific words and to establish a sense of harmony. Songs, however, are unique in the way they use music to enhance their poetic qualities. The use of music adds another layer of complexity to the text and allows for a deeper emotional connection between the listener and the artist.
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A buyer or seller that is unable to affect the market price is called:.
Which of these are considerations that go into pricing a company's product? (Select all that apply.)
Price of getting the product to the market
How much tax the consumer pays as an end user
Price of labor to make the product
Price of raw materials
Answer:
All EXCEPT How much tax the consumer pays as an end user
Explanation:
All the options except how much tax the consumer pays as an end user are considerations that go into pricing a company's product.
What is pricing?Pricing is the process by which a company determines the price at which it will sell its products and services. It may be part of the company's marketing strategy. When determining prices, the company will consider the cost of acquiring the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and product quality.
Pricing is an important aspect of product management and one of the four Ps of the marketing mix, along with product, promotion, and place. Among the four Ps, price is the only one that generates revenue.
Therefore, price of getting the product to the market, price of labor to make the product, price of raw materials are the considerations that go into pricing a company's product.
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Who do you think mergers help the most, consumers or the businesses that merge?
Mergers may improve product quality, which benefits consumers. For example, the merger of two start-up software companies could result in better quality products and faster time-to-market as the merged entity takes advantage of the research capabilities and facilities of their legacy companies.
Name a method of family planning in each of the following 3
categories:
a. permanent
method
b. long-term
method
c. short-term
method
The methods of family planning in the 3 categories are: a. Permanent method: Tubal ligation (female) or vasectomy (male); b. Long-term method: Intrauterine device (IUD); c. Short-term method: Birth control pills.
a. Tubal ligation and vasectomy are surgical procedures that provide permanent contraception. Tubal ligation involves blocking or sealing the fallopian tubes in females, preventing eggs from reaching the uterus. Vasectomy involves cutting or sealing the vas deferens in males, preventing sperm from entering the semen.
b. IUDs are small, T-shaped devices inserted into the uterus, providing long-lasting contraception. There are two types: hormonal (releases progestin to thicken cervical mucus and thin uterine lining) and non-hormonal (copper IUD disrupts sperm movement and prevents fertilization).
c. Birth control pills are short-term hormonal contraceptives taken daily. They contain estrogen and/or progestin, which work to prevent ovulation, thicken cervical mucus, and thin the uterine lining, making it difficult for sperm to reach the egg and for a fertilized egg to implant in the uterus.
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An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)
Answer:
pay-per-click (each time a user clicks a link to a retailer’s website).
Explanation:
Pay-per-click is the cost stipulated by online survey platforms for each click on a sponsored ad.
Popularized by Google AdWords, this is one of the most used metrics for digital marketing, mainly because of the ease of having measurable digital advertising efforts.
The great advantages of this metric is the possibility of measuring and monitoring the number of users who will click on your link, making it more effective to analyze the impact that your business media has on people.
. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
as interest rates, and consequently investors' required rates of return, change over time, the ________ of outstanding bonds will also change.
As interest rates, and consequently investors' required rates of return, change over time, the market value of outstanding bonds will also change.
As interest rates, and consequently investors' required rates of return, change over time, the market value of outstanding bonds will also change.
The market value of a bond is inversely related to changes in interest rates. When interest rates rise, the market value of existing bonds decreases because their fixed interest payments become less attractive compared to newly issued bonds with higher interest rates. Conversely, when interest rates fall, the market value of existing bonds increases as their fixed interest become more desirable.
This relationship between interest rates and bond values is known as interest rate risk. Bond prices and yields have an inverse relationship, meaning that when yields (interest rates) go up, bond prices go down, and vice versa.
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Among the most effective ways to increase sales of an online service is to offer some form of free trial for users to experiment with before they purchase the full service. The benefit of such a practice is to encourage sales in individuals who would not buy the product without having tried it first.
Which of the following is best supported by the information given above?
A. The number of people who see the free trial as an acceptable replacement for buying the online service is not greater than the number of people who buy the online service because of their experience within the free trial.
B. Because the cost of offering a free trial can be high, companies are often resistant to offering free trials, especially free trials that offer all features included within the paid version of the online service.
C. In calculating the total number of an online service sold, free trials are generally included as zero-dollar sales rather than as a separate category.
D. The number of sales for a given online service is directly proportional to the number of visitors to the online service's website, a number that tends to increase if a free trial is offered.
E. Online services that are easily adapted to free trial versions sell better than do online services that are not readily distributed as free trials.
Answer:
Option D
Explanation:
When providing an online service, a company firstly targets to reach the maximum audience. With the increase in reach of audience the chances and feasibility of sales also increases.
But, still there are many customers who desire to have a free trial of service, in order to ensure themselves about the quality and detailed description of service.
In case company agrees to provide free trial, those customers are also satisfied and tend to avail the online service.
Thus, although the sales is directly proportional to the number of visitors, but it would definitely increase by providing the free trial of online service, as ensures more satisfaction in customers.
Final Answer
Option D
The best description of cash inflow is money
A. received from different sources, such as salary and interest earned on bank accounts.
B. spent for items that must be included in a budget, such as rent and utilities.
C. invested in financial products, such as stocks and bonds.
D. left after paying for items included in a financial plan.
Answer:
A, received from different sources, such as salary and interest earned on bank accounts.
The best description of cash inflow is money received from different sources, such as salary and interest earned on bank accounts.
I hope this helped at all.
why all choices are economic choices?
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Identify at least five different Human Services careers that you could pursue in your home state, and choose the three that appeal to you the most. Of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow in order to obtain that career. Finally, identify at least three colleges, universities, or training programs that are suited to that career choice. You can use the following resources to help you:
Answer:
Human services careers: Nurse, Child Life Specialists, Licensed Clinical Social Workers (LCSW), Psychologist, Counselor, Marriage and Family Therapist, and Behavioral Management Aide.
Explanation:
You could write about any of these ->
Try writing about being a nurse.
They help everyone in the hospital setting and the families of the patients.
Go through years of training to help people.
Put other people before them.
Three colleges that you can take nursing classes at are: NIU, UIC and Lewis university.
Answer:
Five careers within the Human Services cluster that would be interesting to me are massage therapist, residential advisor, marriage and family therapist, health educator, and healthcare social worker. Of these careers, the ones that would appeal to me most are residential advisor, marriage and family therapist, and health educator.
I would choose to be a marriage and family therapist, because I enjoy listening to others and finding ways to help them. I think it would be rewarding to be able to help families and couples find solutions to their problems and give them the strategies and methods that they need to work through problems.
The academic requirements for marriage and family therapists are a master’s degree and license. In order to complete the requirements, I could choose to attend Northwestern University, the University of Rochester, or the University of Southern California in Los Angeles. After completing a master’s degree, I would eventually like to get a Ph.D. in family therapy from Syracuse University, Ohio State University, or Virginia Polytechnic Institute and State University.
Explanation:
just did it
PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
They make financial decisions that are not based on their emotions.
They become victims of fraud by those looking to take advantage of the wealthy.
They think over their financial decisions too thoroughly.
The weigh their long- and short-term financial goals before making any decisions.
Answer:
They become victims of fraud by those looking to take advantage of the wealthy.
Explanation:
The most likely reason that lottery winners often end up with serious financial problems is: “They become victims of fraud by those looking to take advantage of the wealthy.” Hence, Option B is correct.
What does financial problems mean?Financial difficulty is the inability to make either short-term or long-term debt payments. Debt makes managing money more difficult and reduces one's purchasing power.
Up until all obligations are paid, financial issues become a source of worry. It is necessary to find a solution so that debts can be paid back. Students frequently struggle to pay their bills and afford their education, and many of them have poor incomes, limited financial literacy, and many more.
Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times.
Therefore, Option B is correct.
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When interest rates are high, consumers have a greater incentive to ______ more, but when interest rates are low, consumer have a greater incentive to ______. M
a. buy; sell
b. borrow; save
c. sell; buy
d. save; borrow
When interest rates are high, then the consumers have a greater incentive to save more, but when interest rates are low, consumer have a greater incentive to borrow more.
What is Interest Rate?This refers to the charge which is given for a particular loan which is replayed after a certain time.
With this in mind, high interest rates are not appealing to customers so they rather save and then borrow when the interest rates are low.
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What is used to identify risks in the market before they become
obvious?
a. market intelligence
b. CI
c. SWOT analysis
d. decision support tools
e. BI
The answer to the question “What is used to identify risks in the market before they become obvious?” is market intelligence. Market intelligence is the process of collecting, interpreting, and analyzing information about a company's external environment, including customers, competitors, and market trends.
By utilizing market intelligence, companies can identify potential opportunities and risks in the market before they become obvious. Market intelligence is a key tool for companies to stay competitive and make informed business decisions.
To know more about market intelligence, visit:
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