Yes, the buyer can reject the goods after receiving them. This can happen if the goods are not in accordance with the contractual terms, are not delivered in a reasonable time or are not in the condition that was originally agreed.
If the buyer believes that the goods are not suitable for their intended purpose, they can exercise their right to reject the goods and request a refund or exchange. The buyer must act within a reasonable time after receiving the goods to reject the goods. Depending on the agreement, the buyer may be able to reject the goods, even if they have already been accepted, if the rejection is within a reasonable time.
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What is the best tool for financial control?
Quicken is the best tool for financial control.
Financial controls are the procedures, policies, and methods that an organisation uses to monitor and control the direction, allocation, and utilisation of its financial resources. Financial controls are at the heart of any organization's resource management and operational efficiency.
The balance sheet, income (profit and loss) statement, and cash flow statement are the three finance controls that provide a thorough and accurate financial position of a business. It is essential for managing cash flow, budgeting, and preventing fraud. Financial control enables the company to evaluate variances generated on previously established strategic and operational lines in a consistent, objective, and systematic manner.
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the following balance sheet information was provided by o'connor company: assetsyear 2 year 1 cash$4,000 $2,000 accounts receivable 15,000 12,000 inventory$35,000 $38,000 assuming that net credit sales for year 2 totaled $270,000, what is the company's most recent accounts receivable turnover?
Accounts receivable turnover = Net credit sales ÷ [(Beginning accounts receivable + ending accounts receivable) ÷ 2]
Accounts receivable turnover = $270,000 ÷ [($12,000 + $15,000) ÷ 2] = $270,000 ÷ $13,500 = 20 times
What is the company's turnover rate for accounts receivable?The accounts receivable turnover ratio is a financial indicator that shows how effectively a business collecs receivables from its customers. The ratio counts the number of times throughout a certain time frame that receivables are converted to cash.
One way to determine accounts receivable turnover (A/R) is to divide net credit sales (CR) by average accounts receivables (AR). Average Accounts Receivable is calculated by dividing the beginning and ending totals of all Accounts Receivable over a specific period of time (such as quarterly or monthly), by two.
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Which of the following are the three choices in the build-borrow-or-buy framework?
a. internal development
b. acquisition of new resources
c. strategic alliances
All the options are correct choices in the build-borrow-or-buy framework
A build-borrow-or-buy framework is a decision-making tool used to help organizations determine the most appropriate way to acquire the resources needed to achieve their goals. Organizations must consider factors such as cost, time, expertise, and strategic fit. The three options considered in this framework are:
Build: This involves internally developing the resources required in-house. This may involve hiring new staff, training existing staff, or investing in new technologies or equipment.
Borrow: This involves acquiring the resources needed through strategic alliances or partnerships. Here there is a collaboration with other organizations, outsourcing of certain tasks, or licensing technology.
Buy: This involves acquiring the resources needed through acquisition or purchase. This may involve buying an existing company or product or purchasing technology or expertise from a third party.
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Major CRM application software vendors include Oracle and SAP
O True O False
Major CRM application software vendors include Oracle and SAP. The statement is True.
What is software?A computer's operating system and various activities are carried out by a program, which is a compilation of instructions, data, or applications called software used for various purposes.
Marketing, customer support, and sales force automation are the three core focuses of CRM systems. Both vendors give businesses the ability to control sales activities including decreasing the sales cycle, enhancing team productivity, and growing the economy.
The statement is True.
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Can a fixed interest rate be changed?
Answer: If your account has a fixed rate, the bank can still change your rate, but there are limits on when it may do so and notice requirements: The bank generally cannot change your rate during the first year after the account was opened.
Explanation: goggle
What problems did Social Security address?
Social insurance, as envisioned by President Roosevelt, would create a work-related, contributing system in which workers would provide for their own future economic security through taxes paid while employed, so resolving the ongoing issue of financial security for the elderly.
Numerous federal and state programmes that give American families financial stability are derived from the Social Security Act (the Act) of 1935. This Act introduced means-tested social programmes, including unemployment and old-age insurance. On July 30, 1965, President Lyndon B. Johnson officially enacted the Social Security Amendments of 1965, often known as the Medicare and Medicaid Act. It introduced Medicare, a health insurance programme, and Medicaid, a programme for the elderly and those with low incomes.
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What ribbon command on the Home tab can you use to change a cell fill color automatically Linkedin?
The concept mentioned is Conditional formatting. It is used to make patterns and trends in data in the excel sheet.
Conditional formatting it is normally used for forming or designing patterns and trends in your data more apparent. To use it, you produce rules that determine the format of cells grounded on their values.
Tentative formatting is used to change the appearance of cells in a range grounded on your specified conditions. The conditions are rules grounded on specified numerical values or matching textbooks.
tentative formatting makes it easy to punctuate certain values or make particular cells easy to identify. This changes the appearance of a cell range grounded on a condition( or criteria). You can use tentative formatting to punctuate cells that contain values that meet a certain condition.
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What is the role of performance monitoring tools list and explain any one performance monitoring tools?
The role to performance monitoring tools are used to measure, monitor, analyze, and optimize the performance of an application or a system.
What is tools?Tools are objects used to make work easier or faster. Tools are used to carry out specific tasks and can range from simple implements such as knives, spoons, and hammers to complex machines, such as computers, robots, and aircraft. Tools are important because they enable us to do tasks more efficiently and accurately.
Performance monitoring tools are used to measure, monitor, analyze, and optimize the performance of an application or a system. They are used to detect issues in the system and in the application, such as memory leaks, slow performance, and poor user experience.
One example of a performance monitoring tool is Datadog. Datadog is a cloud-based performance monitoring tool that allows you to monitor the performance of your application and system in real-time.
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Many organizations offer laid-off employees outplacement services including:
O Reimbursement for College Tuition
O Continuation of Benefits
O Career Counseling
O Internal Job Posting
Many organizations offer laid-off employees outplacement services including Career Counseling. Hence, option c is appropriate.
What is the meaning of Career Counselling?
A service called career counseling aids individuals in starting, changing, or advancing their careers. It may involve one-on-one discussions here between a counselor and just a job seeker as well as tests, exercises, and projects aimed at assisting job seekers in maximizing their skills.
Periodically evaluating the evolution of career trajectories is aided by career counseling. It aids in your ability to comprehend and articulate your own objectives. This demonstrates to the company that you have a passion for. You can keep this drive and develop into the person you set out to be with the aid of career counseling.
Hence, option C is correct.
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Which two quality practices apply to agile teams?
Establishing flow, peer review and pairing are two quality practices applied to agile teams.
What Is an Agile Team?A group of employees, employees-to-be, or independent contractors in charge of managing an Agile project make up an Agile team. Agile teams usually work side by side and are free from other projects' responsibilities during the project's schedule. An Agile team must have every member required to produce the final good or service. The team is frequently cross-functional, and depending on the project's requirements and the kind of Agile framework used, roles will change. When using the Scrum framework, for example, an Agile team should have a Scrum master, a product owner, and any other required team members. The scrum master, who is typically the project manager, oversees the project, encourages teamwork, and plans regular meetings. The product owner is in charge of ensuring that the final product meets the needs of the customer. They aren't frequently thought of as being a part of the Agile team, though. Other stakeholders and subject matter experts may provide feedback on the project as needed.
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which of the following is a true statement? multiple choice a remainder interest held by the decedent at the time of death is not included in the decedent's gross estate. the value of a remainder interest depends in part on the section 7520 interest rate at the time of death. the value of a remainder interest in a life estate is independent of the age of the life tenant. the value of a life estate does not depend upon the age of the life tenant. none of the choices are true.
Based on the concept of estate management and the available options, the true statement regarding the estate issue is that the value of a life estate does not depend upon the age of the life tenant.
What is Life EstateGenerally, or in common law, a life estate is a term that is used to describe e the ownership of immovable property for the duration of a person's life.
However, in legal terms, a Life estate is an estate in real property that ends at death when ownership of the property may revert to the original owner, or it may pass to another person.
Therefore for a successful transfer of estate from one ownership to another, it is true that the value of a life estate does not depend upon the age of the life tenant.
Hence, in this case, it is concluded that the correct answer is option D. the value of a life estate does not depend upon the age of the life tenant.
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What is mixed economy in economics?
A mixed economic system is a system that combines aspects of both capitalism and socialism.A mixed economic system protects private property and allows a level of economic freedom in the use of capital.
The economy in which both the private and public sectors work together to achieve economic development is called a mixed economy but also allows governments to interfere in economic activities to achieve social objectives.It is generally based on the principle of both capitalism and socialism.A mixed economy combines the characteristics of capitalism and socialism.Essentially,a country with this type of economy comprises public and private sectors,where private companies aim to maximize profits,while the government sector works for the well-being of the citizens.A mixed economy allows for private participation in production,which in turn allows for healthy competition which can result in profit.It also contributes to public ownership in manufacturing, which can address social welfare needs.
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What are some strategies you can use to help maintain the stakeholders commitment and involvement throughout a project's duration?
Conduct a stakeholder analysis, Ensure engagement from leaders and Present benefits for each stakeholder group are some strategies you can use to help maintain the stakeholders commitment.
A party with an interest in a business and who may have an impact on or be impacted by it is referred to as a stakeholder. Investors, workers, clients, and suppliers make up a typical corporation's main constituencies. The idea has now been expanded to encompass communities, governments, and trade groups due to the growing focus on corporate social responsibility. Internal and external stakeholders are both possible for a company. People who have a direct interest in a firm, such as through employment, ownership, or investment, are said to be internal stakeholders. Those who do not directly work for a company but are still impacted by its decisions and results are known as external stakeholders. External stakeholders include vendors, borrowers, and civic organisations.
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a $6,000 9% twelve-year bond with annual coupons is purchased with a discount of $55 and yields 9.5% if held to maturity. find the price. (round your answer to the nearest cent.)
The purchase price is $5945.00.
What is Investment?The amount an investor pays for an investment is known to as the purchase cost, and when the investment is sold, that number determines the investor's cost basis, which determines gain or loss. Any commissions or sales fees paid for the transaction are included in the purchase price, and the weighting average cost is applied when buying the same asset more than once.
A business's cost is frequently the investment made to produce the item or service it offers. The cost of a good or service reflects the customer's willingness to pay for it.
Purchase price = Face value - Discount
= 6000 - 555
= $5945.00
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p-7-2. Rock Castle Construction-Collections on Accounts Receivable The management of Rock Castle Construction wants a listing of collections on accounts receivable (Received Payments) in excess of $5,000 for last year (01/01/2021 to 12/31/2021). The listing is to be sorted by invoice date from earliest to latest and is to include only the following three columns in the order listed, from left to right: Customer, Collection Amount, and Collection Date. The total of collections on the listing should be included. The schedule should have proper headings and your name. Export the information to Excel to complete the requirement. You may need to edit some of the column headings after exporting to Excel. Required Prepare and print a list of the cash receipts from collections on accounts receivable in the format requested by management.
The cash receipts from collections on accounts receivable in the format requested by management is given in the image below.
What is the cash receipts?A cash receipts journal is a specialized accounting journal that serves as the main entry book in an accounting system to track the sales of items when cash is received, by crediting sales and debiting cash and receipt-related transactions.
The most significant advantage of a cash receipt is the accuracy of the accounting records that support the existence of recording transactions.
Therefore, the format of list of the cash receipts from collections on accounts receivable are given below.
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What is nongovernmental organization?
An organisation that often forms independently from the government is known as a non-governmental organisation.
What is non-governmental organisation?A non-governmental organisation is known as an NGO. Although there isn't a single definition that everyone agrees on, an NGO is often a nonprofit organisation that has a social objective and works outside of the government. All across the world, there are NGOs or groups comparable to them. A non-governmental organisation is autonomous and not subject to governmental authority, according to the Longman Dictionary of Contemporary English. Non-governmental relief organisations are supplying emergency aid. All human rights, social, environmental, and advocacy issues are the focus of an NGO's work. On a large scale, they seek to advance and enhance the social and political conditions of the society.To learn more about non-governmental organisation, refer to:
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What is a feature of Accenture's myNav platform?
Feature of Accenture's myNav platform is infer from this that the Internet of Things is the technology that, when used in conjunction with Agile and DevOps, will let the team receive real-time feedback (IoT).
The practical application of science, as demonstrated in study and experimentation to develop solutions for the enhancement of living, is known as technology.The state of technology is always evolving. Every aspect of life has seen significant technological improvement.
The following shows the part of the question and the available answers:
An already-existing online ticketing platform has received a new feature from a US-based Accenture Technology team. The team wants other international teams utilizing different instances of the platform to evaluate the new feature. Which technology will enable the team to obtain real-time feedback when paired with Agile and DevOps?Cloud Artificial Intelligence Robotics Internet of Things (IoT)Internet of Things is the right response, thus. It can put out a device that would enable the team acquire real-time feedback by connecting other internet-connected devices.
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What are the two main purposes of tariffs?
Answer: collect revenue and protect domestic businesses
Explanation:
What does Accenture mean by sustainability will be the new digital o Accenture will need to replace all of its current technologies to be truly compliant?
In order to comply with future rules, Accenture will have to replace all of its present technology with more environmentally friendly ones since "sustainability will be the new digital."
Many businesses are convinced that exerting more effort will decrease their ability to compete and increase the expense of digital sustainability. Both producing products and making our operations sustainable are under pressure from drawbacks. In order to treat the need to become sustainable as a corporate social obligation, consumers will not pay more for environmentally friendly items. It is hardly unexpected that policy experts and environmental activists occasionally propose more stringent rules for governments and businesses.
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g the daily demand for a particular item at a hardware store is normally distributed, with an average of 200 and a standard deviation of 12 units. the store manager is willing to accept a 9% risk of stockout during the lead time, which is constant at 5 days. write your final answer only (without intermediate steps) for the fill-in-the-blank questions. question 27 (4 points) saved question 27 options: the service level that the store manager wants to maintain
The service level that the store manager wants to maintain is 0.91. This is because 9% of the time during the lead time, the store would be willing to accept a stock out. Thus the service level will be 91%.
What is lead time?
In inventory management, lead time refers to the interval between placing a purchase order to refill products and when the order is actually delivered to the warehouse. Order lead times might vary amongst suppliers; the longer the lead time is likely to be, the more suppliers there are in the supply chain.
The service level that the store manager wants to maintain is calculated as:-
R = Stock out risk = 9 %
SL = Service Level = 1 - R
= 100 - 9
= 91%
Therefore, the service level is 91%.
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How do Schwab and Morgan Stanley compare as
brokerage accounts?
Select an answer:
1) Schwab has a lower fee for trades, while Morgan Stanley's higher price comes with handholding and research.
2) Both provide hand holding (they will help you along), but neither company will provide you with research.
3) Morgan Stanley has a lower fee for trades, while Schwab's higher price comes with handholding and research.
4) Both are the same as far as providing handholding and research, with the difference in fees based on the number of stocks you trade.
Schwab and Morgan Stanley are two of the most popular brokerage accounts for investors. While both provide hand-holding (helping you along the way), neither company will provide you with the research. The main difference between the two companies is the fees they charge for trades.
Schwab has a lower trade fee, usually around $4.95 per trade. This lower fee is attractive to traders who like to trade frequently. However, they do not provide any handholding or research services.
Morgan Stanley on the other hand has a higher trade fee, usually around $6.95 per trade. This higher price comes with hand holding and research. They offer services such as portfolio analysis, tax advice and financial planning. This makes them a good choice for those who want more personalized advice and guidance.
Ultimately, choosing between Schwab and Morgan Stanley depends on the type of investor you are. If you are a more experienced trader who likes to trade frequently, Schwab may be a better choice. However, if you are a beginner who needs more personalized advice and guidance, Morgan Stanley may be a better choice.
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What formula to must be used if two sides and non-included angle are given in an oblique triangle?
The Law of Cosines can be used to calculate the length of the third side of an oblique triangle when two sides and the non-included angle are given.
What is Law of Cosines?The law of cosines is a mathematical theorem used to calculate the lengths of the sides of a triangle when the angles and one side are known. It is also used to find the angle between two sides of a triangle when the length of the sides are known. The law states that in a triangle, the square of the length of the longest side is equal to the sum of the squares of the other two sides, plus twice the product of the two sides multiplied by the cosine of the angle between them. This theorem can be expressed mathematically as c2 = a2 + b2 – 2abcos(C). This theorem is also known as the cosine rule, and it is a generalization of the Pythagorean theorem, which is used for right triangles. The law of cosines can be used for other shapes, such as ellipses and circles, and it can even be used to calculate the area of a triangle when the lengths of three sides are known.
This is represented by the formula:
c^2 = a^2 + b^2 - 2abcos(C)
where c is the length of the third side, a and b are the lengths of the other two sides, and C is the non-included angle.
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How do you inform the customer about delivery lead time?
The concept mentioned is Delivery lead time, which is the time between when the order is placed and delivered. The answer is, by sending a transactional e-mail.
Delivery lead time is the amount of time it takes to complete a specific process. It helps by far by telling a company how far in advance it needs to place an order for the delivery to arrive on time.
It's one of the most important criteria for managing force chains and inventory. However, the client should be the first to know, If a payload is no longer anticipated to arrive during the original delivery period.
In the case of shipping detention, we suggest that you shoot a transactional dispatch to let your guests know the possible time they will admit their order.
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What are the 2 components of price?
The combination of supply and demand forces in a market determines price. Demand and supply are symbols for how eager consumers and producers are to engage in buying and selling.
The sum of money that one party exchanges for goods or services from another is known as the price; it is almost never negative. Depending on the situation, the term "production cost" can take on many different meanings. Setting a price is the process of determining the value that a manufacturer will receive in exchange for services and products. A pricing strategy is used to change product costs in a way that is advantageous to both the producer and the consumer. The act of determining a value for a good or service is known as pricing, as it is employed in economics and finance. Pricing, then, is the process through which a company determines the price a client must pay for a good or service.
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Do you need a Social Security card to open a bank account?
The social security number is not necessary to open a savings account or check account.
What are the many sorts of banks?A financial entity with permission to accept deposits and issue loans is known as a bank. Retail, professional, and investment banks are just a few of the several sorts of banks. The governing party or central bank controls banking in the majority of the world's nations.
The function of a bank?Although banks do a variety of tasks, their main responsibility is to collect money from those who have money—known as deposits—pool it, and then lend them to people who need money. Banks act as middlemen between depositors (who provide the bank with funds) and customers .
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What happens to interest rates during a recession?
The Federal Reserve may cut interest rates during a recession in an effort to boost economic growth and promote borrowing and lending.
By lowering interest rates, individuals and companies may find it more affordable to borrow money. This may encourage more spending and investment, which would eventually help to boost the economy. In contrast, the Federal Reserve may increase interest rates during periods of the economic boom in order to control inflation and stop the economy from overheating.
It's important to remember that there are other factors besides the Federal Reserve that might affect interest rates. Interest rates can be influenced by economic and market factors as well.
For instance, investors may be prepared to lend money at lower interest rates if they are optimistic about the economy. Investors may, however, request higher interest rates in order to make up for the increased risk if there is uncertainty or danger in the economy.
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The CVP income statement classifies costs as variable or fixed and computes a contribution margin.TRUEFALSE
The statement is True. The CVP income statement classifies costs as variable or fixed and computes a contribution margin.
A CVP or cost-volume-benefit income statement has a similar data as a more traditional income statement, however is intended to show the impacts of changes in expenses and volume on the benefit of a business. It is utilized as a device to permit the executives to settle on conclusions about such things as item blend, selling costs, and best utilization of creation offices.
The CVP traditional income statement is for inner utilize just, and the specific configuration will rely upon the business necessities. Normally, costs are named either variable or fixed costs, and sums are attracted to show contribution margin on a business and unit premise.
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3. Biz Builder Business Plan:
Complete business plan section 2.0, Mission, Vision and Culture: A, B C & D sections- for your specific business. Be sure to write as a narrative than just simply answering the questions. Remember your audience.
Biz Builder:
A. Write a mission statement for your organization in 21 to 40 words that clearly states your competitive advantage, strategy and tactics.
B. Create a vision statement for your organization.
C. Describe the core beliefs you will use to run your organization and how they will be reflected in its culture.
D. Identify the ways you plan to run a socially responsible organization.
A. Our organization's mission is to provide high-quality, innovative products and services that exceed our customers' expectations.
Our competitive advantage is our commitment to continuous improvement and our focus on customer satisfaction.
Our strategy is to always invest in research and development to stay at the forefront of our industry, and our tactics include building strong relationships with our customers and partners and using data-driven decision making to guide our actions.
What is our vision statement?B. Our vision is to be the leading provider of hair product in fashion and air industry and to be recognized as a trusted and respected partner by our customers and stakeholders.
C. At our organization, we believe in quality human hair. These values will be reflected in our culture through [specific actions or behaviors that demonstrate these values, such as a focus on ethical decision making or a commitment to ongoing learning and development.
D. As a socially responsible organization, we plan to work with NGOs , such as partnering with local organizations to address social issues, implementing environmentally-friendly business practices.
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What are the 4 steps in financial planning?
Assess your financial state and normal spending, set financial goals, make a strategy that takes into account both the now and the future, and then use savings and investments to pay for your objectives.
What is the most crucial element of a financial plan?A financial plan's goals for spending and saving must have a strong foundation, just like a building. Without control over your spending and knowledge of where you may make savings, you cannot amass riches.
Why is it vital to plan your finances?A step-by-step strategy for achieving one's life goals is financial planning. Your journey through life is guided by your financial strategy. In essence, it aids in your ability to manage your finances and accomplish your goals by putting you in control of your income, expenses, and assets.
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Is there a closed economy?
With the increase in scope of globalization, there are hardly any closed economies in the world today.
The closed economies can be regarded as the forms of an economy, wherein there is a greater degree of restriction on practice of foreign trade in a nation's economic policies. However, with an ever-increasing demand of goods to and from different parts of the world, there are no countries in the world, which are completely adapted as forms of closed economies. Globalization and technological revolutions have brought the international economies together.
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