On January 1, Merry Walker established a catering service. The accounts to use for transactions (a) through (d), each identified by a number, are listed. Following this list are the transactions that occurred in Walker’s first month of operations. For each transaction, indicate the accounts that should be debited and credited by selecting the account number(s) in the appropriate box.

If you are planning to start a restaurant business, it is best to opt for a partnership business.

Since you are starting something new, it is always better to opt for a partnership where all the members are liable for any risks or losses that may arise. Each member can contribute their own skillsets to the business which will help the restaurant flourish. It will also help to increase the capital and resources of the business as there are multiple owners who will contribute in the working of the organisation.

If you are planning to start a restaurant business, it is best to opt for a partnership business.

Since you are starting something new, it is always better to opt for a partnership where all the members are liable for any risks or losses that may arise. Each member can contribute their own skillsets to the business which will help the restaurant flourish. It will also help to increase the capital and resources of the business as there are multiple owners who will contribute in the working of the organisation.

1. all of these" is the best solution. Option D. 2 option (d) is the proper response. 3. option (b) is the proper response.

1. The change in GDP between two years can be attributed to a variety of reasons, including population increase, available resources, and technological improvements. As a result, option (d) "all of these" is the best solution.

2. According to the Lorenz Curve for the United States, the richest 20% of families earn roughly 46.8% of the national income. As a result, option (d) is the proper response.

3. The most likely economic condition produced by a war affecting oil production in the Middle East would be cost-push inflation, as a decline in oil supply would lead to an increase in production costs, causing prices to rise. As a result, option (b) is the proper response.

4. The Federal Reserve System serves multiple functions, including lending money to banks, acting as the bank for the government, and aiding the check-clearing process. Therefore, option (d) is the correct answer.

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Note that Omar's self-employment tax liability would be $27,104 if he didn't receive any salary.

To calculate Omar's self-employment tax liability if he didn't receive any salary, we first need to calculate his net earnings from self-employment.

Net earnings from self-employment = Business income - Guaranteed payment - Deduction for one-half of self-employment tax

Net earnings from self-employment = $450,000 - $50,000 - ($450,000 × 0.9235 × 0.153 ÷ 2) = $177,186

Now, we can calculate Omar's self-employment tax liability:

Self-employment tax = Net earnings from self-employment × 0.153

Self-employment tax = $177,186 × 0.153 = $27,104

Therefore, Omar's self-employment tax liability would be $27,104 if he didn't receive any salary.

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Julie Leung is paid $2150.00 per week in regular pay, $225.00 per hour for overtime, $2375.00 per week in gross pay, $407.10 per week in total deductions, and $1967.90 per week in net pay.

Deductions are sums taken out of a person's income, typically for tax purposes or other legally required uses, including contributions to the Canada Pension Plan (CPP) and Employment Insurance (EI). Contributions made voluntarily to retirement programmes, health insurance, or other benefits provided by an employer can also be deducted. Depending on a person's income level, the jurisdiction they reside in, and other circumstances, different deductions may be made from their income.

Julie Leung's normal pay and overtime premium pay must both be taken into account when determining her compensation:

Regular Pay:

$2150.00 for 172 regular hours at $12.50 an hour.

Overtime Premium Pay:

12 overtime hours x $12.50 per hour x 1.5 = $225.00

By combining her normal pay and overtime premium pay, we can now determine her gross compensation:

Gross Pay:

$2150.00 + $225.00 = $2375.00

The next step is to figure out her income tax, EI, and CPP deductions. We'll make use of the tables offered and proceed with claim code 1:

Tax deductions for income:

We discover that Julie's income tax deductions total $240.10 using the federal tax table.

CPP Deductions:

The CPP contribution rate for 2021 is 5.45% of the maximum qualifying earnings of $61,600. Julie's CPP deduction is computed as follows because her gross pay is less than the maximum: $2375.00 x 5.45% = $129.49

EI deductions:

EI deductions:  Due to Julie's lower than maximum gross pay, her EI deduction is computed as follows: $2375.00 x 1.58% = $37.51.

Now that we've added up her income tax, CPP, and EI deductions, we can determine her total deductions:

Total Deductions:

$240.10 + $129.49 + $37.51 = $407.10

By deducting all of Julie's deductions from her gross compensation, we can finally determine her net pay:

Net Pay:

$2375.00 - $407.10 = $1967.90

As a result, Julie Leung's gross pay is $2375.00, her total deductions are $407.10, and her net pay is $1967.90. Her regular pay is $2150.00, her overtime premium pay is $225.00, and her gross pay is $2375.00.

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$9600 in cash flow is lost as a result of the $48,000 to $16,000 decrease in depreciation.

Cashflows show the amount of cash surplus the firm has generated by taking into account the gross cash inflow and properly deducting the amount of cash outlays made during the period for which such cashflows are being computed. It varies from net income in that net income is calculated using accrual and matching assumptions, whereas the latter means that a number of non-cash expenditures, such as depreciation and amortization charges, are applied to revenue. However the subject of cash flows is unaffected by the aforementioned rules. Depreciation is thus included back into earnings after taxes when calculating cash flow.

(a).

Earnings before Interest and Taxes                                  $110,000

Less: Depreciation                                                             ($48,000)

Earnings before Tax                                                           $62,000

Less: Tax at 30%                                                             ($18,600)

Earnings after Tax                                                              $43,400

Add: Depreciation                                                              $48,000

Cashflows                                                                           $91,400

(b).

Earnings before Interest and Taxes                              $110,000

Less: Depreciation                                                             ($16,000)

Earnings before Tax                                                      $94,000

Less: Tax at 30%                                                             ($28,200)

Earnings after Tax                                                              $65,800

Add: Depreciation                                                              $16,000

Cashflows                                                                      $81,800

(c). Due of the decreased depreciation from $48,000 to $16,000, cash flo-w is lost.= $91,400 - $81,800= $9600

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A journal entry is a record of a financial transaction that shows the accounts affected, the amount of the transaction, and the direction of the transaction (debit or credit). Journal entries are used to record all types of transactions, such as sales, purchases, payments, receipts, and adjustments.

Interest Amounts:

Total Through Maturity = Principal x Rate x Time

= $6,000 x 8% x 180/360

= $240

November 1 Through December 31 = Principal x Rate x Time

= $6,000 x 8% x 60/360

= $80

January 1 Through April 30 = Principal x Rate x Time

= $6,000 x 8% x 120/360

= $160

General Journal:

December 31:

Interest Receivable $80

Interest Revenue $80

April 30:

Cash $6,240

Notes Receivable $6,000

Interest Receivable $160

Interest Revenue $80

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Note that if Premier, Incorporated, has just paid a dividend of $3.75 per share and plans to increase the dividend by $5 per share for each of the next five years and then never pay another dividend, and if you require a return of 11 percent on the company’s stock, you should pay $15.18 for a share today.

To calculate the present value of the dividends, we can use the formula for the present value of a growing annuity:

PV = PMT / (r - g) * (1 - (1 + g)^-n)

where PV is the present value of the annuity, PMT is the payment at the end of each period, r is the required rate of return, g is the growth rate of the payments, and n is the number of periods.

In this case, PMT = $3.75, g = $5, r = 11%, and n = 5.

PV = $3.75 / (0.11 - 0.05) * (1 - (1 + 0.05)^-5) = $15.18

Therefore, if Premier, Incorporated, has just paid a dividend of $3.75 per share and plans to increase the dividend by $5 per share for each of the next five years and then never pay another dividend, and if you require a return of 11 percent on the company’s stock, you should pay $15.18 for a share today.

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According to the question statistics make the most sense for her to take to help her prepare for this career.

A career is a person's journey through learning, work and other aspects of life. It is a way of defining one's life, one's path and identity. It involves setting goals, taking risks, learning new skills, making decisions, and working hard to achieve those goals. A career is something that a person builds over time, and it is often a reflection of their interests, values and goals. It is a way of finding purpose and meaning in life. It is also a way of providing financial stability and security. Career planning involves assessing one's skills and interests, exploring available opportunities, and developing a plan to achieve one's goals. It also involves making decisions about education, training, and job searches. A successful career is built on hard work, dedication, and commitment. It is also built on self-awareness, self-reflection, and the willingness to take risks and make tough decisions.

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The significance of the home constitutional system in determining the efficient operation of international hus was a prominent subject that emerged from the discussion during these Sessions.

This Orlen specifies not only the methods by which the online ad kas conceives the status of binding law within the Jurisdiction of a certain state but also the interaction between other Organs of the sale that are engaged in the implementations of international law.

Thus, participants explored mathematicians relevant to both how intonational he is incorporated and how it is presently applied in domestic legal systems.

The domestic legal system governs not only the incorporation of international law but also its implementation. In practice, a state's executive, legislative, and judicial branches can be involved in the domestic implementation of international law, including decisions of international judicial bodies.

Therefore, a key topic that came up during these Sessions was the importance of the domestic constitutional system in determining how well international hus operates.

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Depreciation is the process of allocating the price of a plant asset to expense in the accounting periods benefiting from its use.

Determine the value of the asset. Subtract the estimated salvage price of the asset from the cost of the asset to get the whole depreciable amount. Determine the beneficial lifestyles of the asset. Divide the sum of step (2) by using the wide variety arrived at in step (3) to get the annual depreciation amount.

Depreciation is the technique of allocating to expense the cost of a plant asset over its beneficial (service) existence in a rational and systematic manner. Such cost allocation is designed to desirable in shape prices with revenues.

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Question 1: The biggest takeaway from the video could be different for everyone, depending on their personal interests and experiences. Some possible takeaways could include the importance of innovation and sustainability in the fashion industry, the challenges of starting and growing a successful business, or the value of a strong company culture. The most interesting aspect of the video could also vary, but it may be related to the story of Holden Outerwear's founders and their journey to create a unique and successful brand.

Question 2: Some key vocabulary words from Chapter 7 on innovation that could apply to the video include "disruptive innovation," "incremental innovation," and "blue ocean strategy." Disruptive innovation refers to a new product or service that disrupts existing markets by offering a simpler, cheaper, or more convenient solution. Holden Outerwear could be seen as a disruptive innovator by offering sustainably produced outdoor apparel with a unique style. Incremental innovation refers to making small improvements or additions to existing products or services to make them more appealing to customers. Blue ocean strategy refers to creating new markets or industries by offering products or services that are not currently available or that appeal to previously underserved customers. Holden Outerwear's focus on sustainability and unique style could be seen as a blue ocean strategy.

Question 3: The article on Holden Outerwear's website highlights the brand's commitment to sustainability and innovation, as well as its recent acquisition by an investment group. The biggest takeaway from the article could be the continued success and growth of the brand, despite the challenges facing the fashion industry. It may also be interesting to note the specific initiatives and partnerships mentioned in the article, such as Holden Outerwear's use of recycled fabrics and its collaboration with Protect Our Winters, a nonprofit that works to combat climate change.

Question 4: As a web content reviewer, the appeal of Holden Outerwear's website would depend on a number of factors, such as its visual design, ease of navigation, and clarity of messaging. Some potential strengths of the website could include its use of high-quality images and videos to showcase the brand's products and values, its clear and concise messaging around sustainability and innovation, and its easy-to-use interface for shopping and finding information. On the other hand, some potential weaknesses could include a lack of interactivity or engagement with customers, a confusing or cluttered layout, or a lack of transparency around the brand's sourcing and production practices. Ultimately, the appeal of the website would depend on the individual's preferences and priorities as a consumer.

Gain on retirement of bonds = Carrying value of bonds- Cash paid to retire bonds

= $2,072,000-$1,960,000

= $112,000

Par value of bonds = $2,000,000

Premium on bonds payable = $120,000

Bond premium amortized = Premium on bonds payable x 40%

= $120,000 x 40%

= $48,000

Unamortized bond premium = Premium on bonds payable - Bond premium amortized

= $120,000-$48,000

= $72,000

Carrying value of bonds = Par value of bonds+ Unamortized bond premium

= $2,000,000+$72,000

= $2,072,000

Cash paid to retire bonds= $1,960,000

Gain on retirement of bonds = Carrying value of bonds- Cash paid to retire bonds

= $2,072,000-$1,960,000

= $112,000

Date General Journal Debit Credit

January 1 Bonds payable $2,000,000

Premium on bonds payable $72,000

Gain on retirement of bonds  $112,000

Cash  $1,960,000

( To record retirement of bonds)  

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Fayol's and Mintzberg's views about what managers do differ in terms of their emphasis on managerial functions and roles. Fayol focused on functions, while Mintzberg emphasized roles.

Fayol identified five primary functions of management which are planning, organizing, commanding, coordinating, and controlling because he believed that managers perform these functions regardless of their level in the organization or their specific industry.

Mintzberg emphasized roles that managers play which include interpersonal, informational and decisional roles because he believed that managers engage in a range of activities such as networking, information gathering and problem-solving depending on the situation and their level in the organization.

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To calculate the profits for ABC X-Plode, we need to first determine the number of units sold by the firm under each scenario and then subtract the costs and fees associated with selling those units. Here are the calculations:

When both firms charge MSRP, each firm sells 100 units a day. So, ABC X-Plode sells 100 units a day at a price of $20 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $20 x 100 = $2,000

The cost of each unit sold is $10, so the total cost of 100 units is:

Cost = $10 x 100 = $1,000

Therefore, the profit for ABC X-Plode when both firms charge MSRP is:

Profit = Revenue - Cost = $2,000 - $1,000 = $1,000

When ABC X-Plode charges MSRP but Boomburgs charges below MSRP, ABC X-Plode sells 50 units a day at a price of $20 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $20 x 50 = $1,000

The cost of each unit sold is $10, so the total cost of 50 units is:

Cost = $10 x 50 = $500

Boomburgs sells 175 units a day at a price of $15 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $15 x 175 = $2,625

The cost of each unit sold is $10, so the total cost of 175 units is:

Cost = $10 x 175 = $1,750

Therefore, the profit for ABC X-Plode when it charges MSRP but Boomburgs charges below MSRP is:

Profit = Revenue - Cost = $1,000 - $500 = $500

When ABC X-Plode charges below MSRP but Boomburgs charges MSRP, ABC X-Plode sells 125 units a day at a price of $15 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $15 x 125 = $1,875

The cost of each unit sold is $10, so the total cost of 125 units is:

Cost = $10 x 125 = $1,250

Boomburgs sells 50 units a day at a price of $20 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $20 x 50 = $1,000

The cost of each unit sold is $10, so the total cost of 50 units is:

Cost = $10 x 50 = $500

Therefore, the profit for ABC X-Plode when it charges below MSRP but Boomburgs charges MSRP is:

Profit = Revenue - Cost = $1,875 - $1,250 = $625

When both firms charge below MSRP, each firm sells 125 units a day. So, ABC X-Plode sells 125 units a day at a price of $15 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $15 x 125 = $1,875

The cost of each unit sold is $10, so the total cost of 125 units is:

Cost = $10 x 125 = $1,250

Therefore, the profit for ABC X-Plode when both firms charge below MSRP is:

Profit = Revenue - Cost = $1,875 - $1,250 = $625

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Answer: Determinants for supply shifters are as follows:

1. prices of factors of production

2.technology

Determinants for demand shifters are:

1. price of related goods

2. expectations

Explanation: The shift in demand is represented by a change in the quantity demanded at every price, and the shift in supply means a change in the quantity supplied at every price.

Some of the other factors are as follows:

For supply: a) returns from alternative activities b)the number of sellers.

For demand: a)Income b)The number of buyers.

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Answer:

A) Carlos was able to finish a design bootcamp and interview at many companies until he fines the job he likes best

Explanation:

A) Carlos was able to finish a design bootcamp and interview at many companies until he finds the job he likes best is more likely to happen in a GOOD economy. In a good economy, there are more job opportunities available, and companies are more likely to invest in hiring new employees with the right skill sets.

B) Thrills Park delays building the new roller coaster until they can get a bank loan is less likely to happen in a good economy. In a good economy, banks are more willing to lend money for new projects, and businesses are more likely to invest in new ventures.

C) Phyllis' Coffee, a new business, isn't able to innovate their coffee making process because money is tight is less likely to happen in a good economy. In a good economy, there is more investment and innovation, and businesses are more likely to have the financial resources to invest in new technologies and processes.

D) Laila is settling for a job that she doesn't want but she needs the money and there aren't any other options is less likely to happen in a good economy. In a good economy, there are more job opportunities available, and workers are more likely to be able to find jobs that match their skills and preferences.

Hope this helps

In a good economy, situations like finding preferred job options, obtaining loans for business expansion, and having resources for innovation in new businesses are more likely.

In a good economy, the situations that are more likely to happen include:

On the other hand, Laila settling for a job that she doesn't want due to lack of options and needing the money is more likely to occur in a weak economy where job opportunities are scarce and people may have to accept lesser desirable jobs for financial stability.

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Answer:

C

Explanation:

The following is true of a good benefits plan it will encourage people to join an organization. The correct option is c.

There are several benefits to having a motivated workforce, including lower absenteeism rates, employee retention rates, low staff turnover rates, improved management-worker relationships, higher worker performance, improved quality, and enhanced customer service.

A good benefits plan is an essential part of an organization's compensation strategy. It can be used to attract and retain talented employees and can be a competitive advantage in the job market. A well-designed benefits plan can also help to improve employee morale, motivation, and job satisfaction. While it may require a significant investment, a good benefits plan can provide a good return on investment for the organization.

Thus, the ideal selection is option c.

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If she parks on the street use your IOR Tutorial to find these steady state probabilities for each policy. Then evaluate the expression obtained in part (b) to find the optimal policy by exhaustive enumeration. The answer is OPION C

If P(Xn+1 = j|Xn = i) = P(X1 = j|X0 = i), i.e., the transition probabilities do not depend on time n, then the Markov chain X(t) is time-homogeneous. If so, then the probability of moving from i to j in a single step is given by pij = P(X1 = j|X0 = i), and the transition matrix is given by P = (pij).

The final value is another name for the steady state value. This steady state value is very simple to determine using the Final Value Theorem: Where y(t) is in the time domain and Y(z) is in the frequency domain, limty(t)=limz0zY(z). In this case, your transfer function would be H(z)=Y(z)X(z)=.

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According to the question most companies that have 500 or more employees can provide this benefit.

Benefit is a financial or material gain provided to an individual or organization as a result of an action, such as an employment or investment. Benefits are often associated with employment, but may also include investments, grants, or other forms of assistance. Benefits can include material items such as housing, food, and clothing, as well as intangible items such as education, health care, and employment opportunities. Benefits may also refer to the services provided by government agencies, such as Social Security and Medicare, or tax deductions offered by the Internal Revenue Service. Benefits can also refer to the advantages that a person or organization may receive through policy changes or legal agreements.

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The Fundamental Counting Principle serves to determine the total number of outcomes for multiple, unconstrained events.

According to this principle, "m" ways to perform one event and "n," to complete another, collectively render "m x n" possibilities.

Two formulas leverage this principle- Permutation (nPr) and Combination (nCr). While the former assumes that distinct conduction order determines unique outcomes, the latter operates regardless of order importance.

The independence of results in juxtaposed steps is fundamental when applying the aforementioned formulas. For instance, some permutation of three out of 10 shelf books follows a certain sequence such that individual book selection does not influence the order of others.

Independence or dependence of consequential phenomena reflecting individual sequences has no sway over formula-based computations. Moreso, calculations are reflective of possible ideal instances of variables within envisaged specifications.

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Answer:

Linda is allowed to deduct $935 in the current year for these expenses in 2022.

Explanation:

In general, the IRS allows self-employed individuals to deduct expenses that are "ordinary and necessary" for their business. This includes expenses for business meals and entertainment, but there are some limitations and requirements.

For business meals, the IRS allows a deduction of up to 50% of the cost. In this case, Linda spent $770 on business meals, so her deduction would be:

$770 x 50% = $385

For business entertainment, the rules are a bit more complicated. Entertainment expenses are generally not deductible, but there are some exceptions. One of these exceptions is for "entertainment that is directly related to the active conduct of a trade or business." This means that if Linda can show that the entertainment was directly related to her business and was intended to generate business income or goodwill, she may be able to deduct some or all of the expense.

In this case, Linda spent $550 on opera tickets for entertaining customers. If she can demonstrate that the entertainment was directly related to her business and was intended to generate business income or goodwill, she may be able to deduct all or a portion of the expense. However, without additional information about the purpose and context of the entertainment, it's impossible to determine exactly how much of the expense is deductible.

Assuming Linda is able to deduct the full amount of the business entertainment expense, her total deduction for the two expenses would be:

$385 (business meals) + $550 (business entertainment) = $935

Therefore, Linda is allowed to deduct $935 in the current year for these expenses in 2022.

The difference in media coverage may be due to differences in public relations efforts or marketing strategies by the teams or the quarterbacks' agents.

The fact that neither quarterback was well-known before their signing and they come from similar backgrounds suggests that their talent or performance on the field is not the main factor driving the difference in media coverage. Rather, it is likely that one team or quarterback had a more effective public relations or marketing strategy that garnered more attention from the media.

This could include things like pre-signing interviews, social media campaigns, or targeted outreach to specific media outlets. Alternatively, the discrepancy could be due to differences in the teams' market sizes or fan bases, which could affect the amount of media attention each quarterback receives.

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Answer:

Foreign exchange rate refers to the value of one currency expressed in terms of another currency. It is the rate at which one currency can be exchanged for another currency. For example, if the exchange rate between the US dollar and the euro is 1 USD = 0.85 EUR, it means that one US dollar can be exchanged for 0.85 euros.

There are different types of foreign exchange rates, including spot exchange rate, forward exchange rate, and real exchange rate. The spot exchange rate is the rate at which currencies are traded for immediate delivery. The forward exchange rate is the rate at which currencies are traded for delivery at a future date. The real exchange rate is the nominal exchange rate adjusted for inflation.

Foreign exchange rates have a significant impact on international trade and investment. Changes in exchange rates can affect the competitiveness of countries' exports and imports, as well as the profitability of companies operating in different currencies. Additionally, fluctuations in exchange rates can impact international capital flows, affecting investment decisions and economic growth.

The market interest rate, sometimes referred to as the equilibrium interest rate, is the interest rate at which an economy's supply and demand for capital are equal.

When all external forces (including moments) acting on an item are balanced, the object is said to be in equilibrium in a reference coordinate system. Thus, all external moments and forces acting on this object result in zero as a net effect.

In other words, it is the interest rate at which the amount of money that borrowers seek and the amount of money that lenders supply are equal. The market is in equilibrium at this rate since there is neither a scarcity nor a surplus of money. The interaction of a number of variables, such as the level of economic activity, inflation, monetary policy, and the supply and demand for credit, leads to the equilibrium interest rate.

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Answer:

both socialism and communism are variations of command economies

Both socialism and communism are variations of economic and political systems that advocate for collective ownership and control of resources and the means of production.

Socialism is an economic and political ideology advocating for collective ownership and democratic control of the means of production, aiming to reduce wealth inequalities and promote social welfare through government intervention and redistribution of resources.

Communism, on the other hand, is a more extreme form of socialism, envisioning a classless, stateless society where the means of production are owned collectively, and resources are distributed based on individual needs. It seeks to eliminate private property, establish a centrally planned economy, and achieve social equality through a revolutionary transition from capitalism.

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Most probably, your complete question is this:

Both socialism and communism are variations of what?

Answer:

B. Take the amount spent from the fund, plus the current cash in the fund, and make sure it equals the established petty cash fund. This process ensures that all expenses made from the petty cash fund are properly recorded and accounted for, and that the amount of cash in the fund matches the established amount. Any discrepancies should be investigated and reconciled.

HR policies are important tools for organizations to manage their human resources effectively, ensure compliance with laws and regulations, and create a positive and productive work environment for employees.

Human resources (HR) policies are guidelines and procedures established by an organization to govern its human resources functions. HR policies can take many forms, but here are some common types:

Employment policies: These policies define the terms and conditions of employment, including recruitment, selection, hiring, orientation, training, promotion, transfer, termination, and layoff.

Compensation policies: These policies address how employees are paid, including salary, wages, bonuses, commissions, and benefits. They may cover topics such as pay scales, performance-based pay, overtime, vacation time, sick leave, retirement plans, and health insurance.

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