Answer:
b. postpurchase cognitive dissonance.
Explanation:
Cognitive dissonance: The term cognitive dissonance is defined as a phenomenon in which an individual's beliefs, behaviors, and ideas contradict or did not match with each other and therefore it creates a state of unease.
Post-purchase cognitive dissonance: The term post-purchase cognitive dissonance is defined as the phrase or context we provide to a particular state of difficulty or unease that exists in an individuals' or customers' mind just after buying or purchasing a particular service or product.
A mortgage where the interest rate fluctuates and is usually tied to an index; payment amount increases are capped for each period and for the term of the loan is called
a Reverse Annuity Mortgage (RAM).
a wraparound mortgage.
a participation mortgage.
an Adjustable-rate Loan (sometimes called an ARM).
Answer:
an Adjustable-rate Loan (sometimes called an ARM).
Explanation:
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a home mortgage with the rate of interest on the bond changed regularly depending on a measure that represents the financing expense to the applicant on the financial markets.
The loan can be given at the regular variable rate / base rate of the lender. There may be a direct and legally defined link to the underlying index, but where the lender does not provide any specific link to the underlying market or index the rate may be changed at the discretion of the lender.
If eHermes' supplier of self-driving vehicle chassis is able to reduce costs by having better data on both finished goods inventory and raw material inventory, it is using ________ across business processes to improve process margin.
Answer:
Linkages
Explanation:
Running a business is a difficult and competitive job to do and it requires tremendous internal and external effort to make it successful. Using linkages across the various processes of business helps to complete the job in time and sometimes it is also cost-efficient. Ehermes' is using linkages to improve the business process to effectively produce goods and services.
West Electronic Corporation sources goods and services for its electronics products from the different locations around the globe in an attempt to take advantage of differences in the cost and quality of labor and land. This practice demonstrates the:_________A) dislocation of a developing nations economyB) regulation of the environmentC) globalization of marketsD) globalization of production
Answer:
The correct answer is D
Explanation:
Globalization is the term which is defined as the transforming the ways or methods in which nations interact or relate to.
The globalization of the production, which is defined as the sourcing of the services and the goods from the locations around the globe or world in order to take the benefit of national differences in the quality as well as the cost of factors of the production like capital, land and labor.
The Coffee Collective's goal is to provide customers with a unique coffee drinking experience and a loyalty rewards program. In doing so, the Coffee Collective is differentiating their experience in hopes of providing _____________ for their customers.
a) perceived inferior value
b) perceived superior value
c) a pure substance economy
d) market research
e) economies of scale
Answer:
b) perceived superior value
Explanation:
The coffee company is providing perceived superior value as it provides consumers with a unique coffee drinking experience and a loyalty rewards program. I hope my answer helps you
Using memory skills such as getting better organized, paying attention, using visualization strategies, and rehearsing information for later retrieval are all considered __________ strategies.a) long-term memory
b) short-term memory
c) schema
d) mnemonic
Answer:
d) mnemonic strategies
Juarez Company acquired $1,200 from the issue of common stock. Which of the following shows how this event will affect the company’s accounting equation? The letters "NA" indicate that the component of the equation is not affected. Assets = Liabilities + Common Stock + Retained EarningsA. $1,200 = $400 + $400 + $400B. $1,200 = $1,200 + NA + NAC. $1,200 = NA + $1,200 + NAD. $1,200 = NA + $600 + $600
Final answer:
The acquisition of $1,200 from the issue of common stock affects Juarez Company's accounting equation by increasing assets and common stock by $1,200 each, with no changes to liabilities or retained earnings. The correct reflection in the accounting equation is represented as Assets = NA + $1,200 + NA.
Explanation:
The question asked is about understanding how the issuance of common stock affecting the company’s accounting equation. Juarez Company acquired $1,200 from the issue of common stock. The correct way to reflect this event in the company’s accounting equation is through an increase in assets and an equal increase in owners' equity, specifically under the common stock category, as there is no increase in liabilities.
Therefore, the accounting equation will be affected as follows: Assets = Liabilities + Common Stock + Retained Earnings. The correct answer is hence C. $1,200 = NA + $1,200 + NA. This reflects that the company’s assets have increased by $1,200 due to the cash infusion from issuing common stock, and this increase is mirrored exactly in the equity side under common stock, with no change to liabilities or retained earnings.
________ is a management-oriented and production-centered perspective of organizational communication.
Answer:
Scientific Management.
Explanation:
Scientific management is a approach to implement science in the management activities to improve economic efficiency and productivity of the industry. It was first introduced by Mr Frederick Taylor in 1911. These new scientific principle have replaced conventional hit and trail method and rule of thumb method which made work easier for management and worker to perform well. Scientific management have also brought co-ordination between worker and manager.
There are four principle of scientific management by Mr Frederick Talor:
Replacing orthodox rule of thumb method with scientific method work.Instead of using "Hit and trail" approach for worker recruitment, scientific approach need to be implemented as selecting, training and developing worker to work effeciently.There should be proper coordination between worker and manager to get smooth workflow.Work should be equally divided between managers and worker to motivate and get optimum productivity.Professional certifications are important and can often lead to higher salaries. The ________ program recognizes individuals that have achieved the industry's highest standards of professionalism within the MEEC Industry.
Answer:
CPM
Explanation:
CPM is the abbreviation for Certified Public Manager. It is a professional establishment that has the responsibility of improving performance and best practice standards for public sector managers.
A CPM program is a comprehensive management development program basaed on certain criteria. At the end of a CPM program, a CPM degree is awarded to show the completion of the program and improved managerial capabilites.
Cheers.
Professional certifications are important and can often lead to higher salaries. The Certified MEEC Professional (CMP) program recognizes individuals who have achieved the industry's highest standards of professionalism within the MEEC Industry.
The sentence provided in the question is incomplete and requires the name of a specific program that recognizes individuals for their professionalism within the MEEC Industry. The MEEC Industry is a term that is not commonly defined, but for the purpose of this question, we can assume it refers to a specific sector or field.
The sentence structure implies that the blank should be filled with the name of a certification program that is well-regarded in the industry. The Certified MEEC Professional (CMP) program is a hypothetical certification program that fits the context of the sentence. It suggests that individuals who have been recognized by this program have demonstrated exceptional professionalism and have met the highest standards set by the industry. The use of the word ""Certified"" indicates a formal recognition, and ""Professional"" denotes a level of expertise and conduct expected in a professional setting. The acronym ""CMP"" is often used in various industries to denote a Certified Management Professional or other similar certifications, which aligns with the context of professional achievement.Asset distribution analysis provides a better understanding of how the community functions and how it addresses the public health and nutrition needs of its citizens.
True / False.
Answer:
False
Explanation:
Based on the information provided within the question it can be said that this statement is False. The term that actually provides a better understanding of this is Community Needs Assessment: Purpose, since the main goal of the community needs assessment is to meet the needs of children, youth, and families by identifying the strengths and resources available in the community.
Political divisions first surfaced over the financial plan developed by Secretary of the Treasury Alexander Hamilton. Identify the five parts of Hamilton’s financial plan.
a. creation of a new national debtb. creation of the Bank of the United Statesc. encourage the development of factories by imposing a tariff on imported goodsd. establish the new nation's credit worthinesse. impose a tax on whiskey producers in order to raise revenue
Answer:
Five parts of Hamilton's financial plan are as follow.
New National debt generation.The establishment of a United States Bank. Encourage plant growth by enforcing tariffs on goods manufactured. Establish credit-worthiness for the new nation. Impose a tax on whiskey manufacturers to increase profits.Explanation:
The federal debt is the government's debt and public debt. It is also named national debt, state debt The Bank of the U.S was set up by Alexander Hamilton in 1791 to act as a warehouse for government funds and as the monetary officer of the court.A tariff's primary effect is to increase the price of goods and reduce the amount. The high price defends rivalry in the domestic industry.Creditworthiness is how it is calculated by a company or country that it will default on its debt obligations or how eligible it is to receive new credit.The bill imposed a state tax on domestic and foreign spirits, set aside to cover a part of the previous acquisition of state debts by the government.A contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies is _______.
Answer: Insurance
Explanation:
Insurance is the term which refers to the contract that helps in transfer the various types of risk in terms of financial loss.
The insurance is basically refers to the contract and also called policy where the various types of organization receives the financial protection of the damages from the insurance company.
The main benefit of the insurance is that it sets a policy where the insurance company providing an organization a financial support for the consequences and we can use the money more efficiently.
According to the given question, a contract that allow a particular amount or pay for the damages is known as insurance.
Therefore, Insurance is the correct answer.
Cassie works as a salesperson at Lumber Needs. While demonstrating to a customer how to use a power saw, she accidentally cuts the customer on the arm, requiring a visit to the hospital and several stitches. Which of the following is true of the scenario
a. Lumber Needs is not vicariously liable because it was an accident
b. Lumber Needs is vicariously liable because Cassie was not acting within the course of employment.
c. Lumber Needs is not vicariously liable because Cassie was not acting within the course of employment.
d. Lumber Needs is vicariously liable because Cassie was acting within the course of employment.
Answer:
d. Lumber Needs is vicariously Liable because Cassie was acting within the course of employment
Explanation:
Vicarious Liability
Vicarious Liability is a third party responsible liability. Someone else is liable for another's actions or errors. This liability is usually because the one originally liable has been proven to be working within the course of agreement of the third part as at the time the liability occurred.
This type of liability is usually taken in the workplace, where an employee working within the context of his/her working condition or agreement with the employer commits a liability. As such the employer is liable for the act.
Cassie was demonstrating a power saw as a salesperson of Lumber needs, therefore, she was working within the context of her agreement with Lumber needs.
According to the Porter (1996) article on Strategy, if there were only one ideal position in a market segment, there would be no need for strategy.
Answer:
True
Explanation:
The whole purpose of developing a strategy is to create unique and valuable market position, but f there was only one good market position, then every company would just try to reach that position. Through their own particular strategy, each company must try to differentiate themselves from the competition and hopefully reach the intended market position.
The company has also decided to retain the existing salesperson for working in one of the territories and to appoint a new salesperson for the other. This decision would most likely result in the unethical treatment of:___________. a) the existing salesperson in the territory. b) the new salesperson appointed to the territory. c) the key accounts in the territory. d) the customers in the sales territory. e) the wholesalers in the territory.
Answer:
a) the existing salesperson in the territory.
Explanation:
This decision of wanting to appoint a new salesperson for the other territories would result in an unethical treatment of the existing salesperson in the territory.
Which of the following is characterized by private or corporate ownership of capital goods; investments that are determined by private decision rather than by state control; and determined in a free market?
Answer:
Free enterprise
Explanation:
A free enterprise is a kind of market that is free from government control and involvement and in which the production of goods and services are determined by private individuals. In a free enterprise the private individuals are permitted to organize means of production, in manufacturing goods of their choice. This can also be referred to Capitalism
Your sister is in law school. She believes that laws that prohibit discrimination for potential LGBTQ employees best reflect what laws are supposed to do—shape the way we behave. Your sister most likely subscribes to the ________ of jurisprudence.
Answer:
Sociological School of jurisprudence.
Explanation:
The Sociological School of Jurisprudence believes that both laws and societies are closely related to each other. It states that laws are social phenomenons, therefore they evolve as societies evolve. Laws have a major impact on how societies function, but the laws themselves originate from societies' needs.
For example, less than 100 years ago homosexuality was illegal in most of the world and homosexuals would be punished with jail time or even killed in some countries. Now western societies (North and South America, most of Europe and Australia + NZ) have changed and accept homosexuality as something normal. But there still exist societies where homosexuals are criminals and are still sent to jail or killed.
The bases for an action in strict liability that are set forth in the Restatement (Second) of Torts Section 402A can be summarized by the following six requirements. 1. The product must have been in a______ when the defendant sold it. 2. The defendant must normally be engaged in______ the (or otherwise distributing) that product. 3. The product must be______ to the user or consumer because of its defective condition (in most states). 4. The plaintiff must incur______ to self or property by use or consumption of the product. 5. The defective condition must be the______ of the injury or damage. 6. The goods must not have been______ from the time the product was sold to the time the injury was sustained.
Answer:
defective condition,
business of selling,
unreasonably dangerous,
physical harm,
proximate cause,
substantially damaged
Explanation:
the Restatement (Second) of Torts Section 402A
is a law guiding product liability
part of which states that
(1) One who sells any product in a defective manner unreasonably dangerous to the user or consumer or to his property is subject to liability for physical harm thereby caused to
the ultimate user or consumer, or to his property, if
(a) the seller is engaged in the business of selling such a product, and
(b) it is expected to and does reach the user or consumer without substantial change
in the condition in which it is sold.
From the answer to the question given shall follow this order
-defective condition,
-business of selling,
-unreasonably dangerous,
-physical harm,
-proximate cause,
- substantially damaged
Reference:
Robert F. Harchut, Products Liability - Restatement (Second) of Torts - Section 402A
- Uncertain Standards of Responsibility in Design Defect Cases -
After Azzarello, Will Manufacturers be Absolutely Liable in
Pennsylvania, 1978.
The discussion relates to the criteria needed to establish strict liability under the Restatement (Second) of Torts Section 402A. It involves the existence of a defective product being sold, causing harm, and being a proximate cause of the injury without substantial change in its condition.
Explanation:The topic at hand pertains to the requirements set forth in the Restatement (Second) of Torts Section 402A for a case of strict liability. Here, the six requirements can be filled as follows: 1. The product must have been in a 'defective condition' when the defendant sold it. 2. The defendant must normally be engaged in 'selling' (or otherwise distributing) that product. 3. The product must be 'dangerous' to the user or consumer because of its defective condition (in most states). 4. The plaintiff must incur 'physical harm' to self or property by use or consumption of the product. 5. The defective condition must be the 'proximate cause' of the injury or damage. 6. The goods must not have been 'substantially changed' from the time the product was sold to the time the injury was sustained. These requirements underline the responsibilities of sellers or manufacturers towards the safety of their products.
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If an information system produces a useful report but the report is received after it is needed, the information system fails to achieve which characteristic of quality data?
Answer:
Timeliness
Explanation:
Timeliness refers to how current the information is to the production of 'useful report' at the time needed.
Timeliness as a characteristic of quality data does not only refer to the availability of the information on time but also to how early the information is made accessible to the users of such information.
In case of the question, relevance as a characteristic of quality data was achieved but the inability to make make the report available when the users needed it resulted in the failure of the timeliness characteristic of the data provided.
Financial statements should be useful. Which of the following is not one of the qualities of useful financial representation.
A. Expandability Relevance
B. Faithful representation
C. Comparability
D. Consistency Verifiability
Answer:
A. Expand-ability Relevance
Explanation:
Financial statements does not need expansion, therefore expand-ability relevance is not one of the qualities of financial statements.
A. Faithful representation- financial statements must be a faithful representation of the state of the entity. it should represent the correct position of the entity.
B. Comparability - The financial statements must be prepared in accordance with acceptable standard to ensure comparison within and without the entity.
C. Consistency and Verifiability - The numbers must be verifiable and methods choosing in treating certain items must be consistent over time.
Option D, 'Consistency Verifiability,' is not a recognized quality of useful financial representation individually. The recognized qualities include relevance, faithful representation, comparability, and verifiability. 'Expandability Relevance' is also not a recognized quality.
Explanation:The statement "Financial statements should be useful" pertains to qualities that make financial data useful for decision-making by users such as investors, creditors, and others. The qualities of useful financial representation include relevance, faithful representation, comparability, and verifiability. However, consistency is indeed important, but the term 'Consistency Verifiability' is not recognized as one of these qualities. Hence, the correct answer is D. Consistency Verifiability - it is not one of the recognized qualities as it mixes two separate concepts: consistency and verifiability.
While consistency refers to the use of the same methods over time within a company's financial reporting, verifiability means that different knowledgeable and independent observers could reach consensus, although not necessarily complete agreement, that a particular representation is faithful.
There is no quality named 'Expandability Relevance', thus option A includes a term that is not defined as a quality of useful financial representation either. Overall, the correct option should highlight an attribute not recognized as a quality for financial representation.
When Coca-Cola saw the growth of the bottled water category, they launched Dasani, its brand of bottled water. Which brand development strategy did Coca-Cola use in launching Disani?
A. New brandB. MultibrandingC. Line extensionD. LicensingE. Brand extension
Answer: New brand.
Explanation:
The Coca-Cola company launched it's new brand of bottled water into the market. A brand is a name given to a particular product/service by which it can easily be identified.The Disani water is a new brand introduced into the market by which the Coca-Cola water products would be identified.
Coca-Cola used a Brand extension strategy to launch Dasani by utilizing its well-known brand name to enter the bottled water market, leveraging its reputation and distribution channels amid changing consumer preferences.
Explanation:When Coca-Cola saw the growth of the bottled water category, they launched Dasani, its brand of bottled water. The strategy Coca-Cola used in launching Dasani is best described as a Brand extension. This strategy involves taking an existing brand name and using it on a new product that is in a different category. Coca-Cola, a company primarily known for its carbonated beverages, ventured into the bottled water market by launching Dasani. This move allowed Coca-Cola to capitalize on its strong brand name and reputation to gain a foothold in the expanding bottled water segment, leveraging its existing customer base and distribution channels.
Bottled water became the second largest commercial beverage category by volume, showing consumers' receptiveness to new bottled beverage choices beyond traditional soft drinks. Coca-Cola's introduction of Dasani utilized its brand equity to adapt and expand into new market opportunities presented by changing consumer preferences towards healthier beverage options.
One of the three basic questions an economy has to face iswhere goods and services will be produced. True or False: Under market organization, individuals can communicate their preferences to other decision makers directly, through communication, but not indirectly, through their choice of whom to transact with.
A. True
B. False
Under market organization, individuals can communicate their preferences to other decision makers directly and indirectly.
Explanation:False: Under market organization, individuals can communicate their preferences to other decision makers both directly and indirectly.
Direct communication occurs when individuals express their preferences through conversations, surveys, or feedback forms. Indirect communication occurs when individuals make choices in the market, such as buying certain products or services, which reflect their preferences.
For example, if a person prefers organic food, they can directly communicate this preference by talking to farmers or food producers. They can also indirectly communicate this preference by choosing to buy organic food from the market.
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What term refers to radical change that tends to be both multidimensional and multilevel, involving discontinuous shifts in thinking or perceiving things?
Answer:
transformational change
Explanation:
Transformational change: A shift in an organization's business culture resulting from a change in the underlying strategy and processes used by the organization in the past. A transformation change is designed to be organizational in nature and will be implemented over a period of time
teaching a newly diagnosed client about systemic lupus erythematosus(SLE). What statement by the client indicates the teaching was successful?
Answer:
I should avoid prolonged sun exposure
Explanation:
Systemic Lupus Erythematosus (SLE) is a type of illness in which the healthy tissues of the body gets attacked by the immune system by accident. Genetic, environmental and certain medications and hormonal factors trigger the onset of this disease in human beings.
People who have SLE are required to get protective clothing, sunglasses and sunscreens when they are to go under the sun.
So when the client makes comments around staying away from long exposures under the sun, it means the teaching was successful.
A student demonstrating understanding of Systemic Lupus Erythematosus might acknowledge it as an autoimmune disease with diverse symptoms, understand that symptoms vary based on the body areas affected, and comprehend that diagnosis is not solely reliant on a positive ANAS test, but rather a combination of symptoms and autoantibodies.
Explanation:Success in teaching a client about Systemic Lupus Erythematosus (SLE) would be reflected in the client displaying an understanding of their condition. For example, the client might make the following statement: 'I understand that SLE is an autoimmune disease characterized by the production of autoantibodies, which lead to diverse symptoms such as fatigue, fever, hair loss, and a sunlight-sensitive rash. This rash often presents as a 'butterfly' over the cheeks and bridge of the nose in about 50% of people with SLE.'
The client may also demonstrate understanding by stating, 'I know that the symptoms will depend on the specific areas affected by the disease. It might result in joint arthritis, neurological symptoms like headaches and seizures, and even abdominal discomfort. The condition might also affect my kidneys, causing edema in the legs and weight gain.'
Lastly, the client can affirm knowledge by declaring, 'I reckon that the diagnosis of SLE is not simply based on a positive ANAS test, but rather on the identification of at least four of the most common symptoms accompanied by the confirmed production of an array of SLE-specific autoantibodies.'
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You are tasked with generating twice the amount of qualified leads your company generated last quarter. With your company’s bottom line and return on investment in mind, which of the following is the most strategic approach to take?
a. You could invest more resources in the short term, exponentially driving up the amount of traffic coming to your site to increase revenue.
b. You could increase the chances of your current traffic choosing to convert and move down your funnel.
c. You could invest additional resources in your sales team.
d. You could increase the budget of your services team.
Answer:
b. You could increase the chances of your current traffic choosing to convert and move down your funnel
Explanation:
This has the ability over time to significantly lower the cost of acquiring a customer and to have a positive impact on your return on investment.
Suppose that Italy and Sweden both produce jeans and stained glass. Italy's opportunity cost of producing a pane of stained glass is 4 pairs of jeans while Sweden's opportunity cost of producing a pane of stained glass is 10 pairs of jeans. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that has a comparative advantage in the production of stained glass and has a comparative advantage in the production of jeans. Suppose that Italy and Sweden consider trading stained glass and jeans with each other. Italy can gain from specialization and trade as long as it receives more than of jeans for each pane of stained glass it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than of stained glass for each pair of jeans it exports to Italy. Based on your answer to the last question, which of the following terms of trade (that is, price of stained glass in terms of jeans) would allow both Sweden and Italy to gain from trade? Check all that apply.1. 18 pairs of jeans per pane of stained glass 2. 2 pairs of jeans per pane of stained glass3. 8 pairs of jeans per pane of stained glass 4. 1 pair of jeans per pane of stained glass
Answer:
Based on the answer to the question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Explanation:
1. Italy's opportunity cost of producing a pane of stained glass is 4 pairs of jeans while Sweden's opportunity cost of producing a pane of stained glass is 10 pairs of jeans
2. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that SWEDEN has a comparative advantage in the production of stained glass and ITALY has a comparative advantage in the production of jeans.
3. Suppose that Italy and Sweden consider trading stained glass and jeans with each other. Italy can gain from specialization and trade as long as it receives more than 4 Pairs of jeans for each pane of stained glass it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than 0.1 pair of stained glass for each pair of jeans it exports to Italy.
4.Based on the answer to the last question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Which Act was passed to prevent businesses from restraining trade and monopolizing markets, and condemns "every contract, combination, or conspiracy in restraint of trade"? A. Sarbanes-Oxley Act B. Social Factors
Answer:
Sherman Antitrust Act
Explanation:
This act was passed in 1890's by the Congress to increase the economic competitiveness by outlawing monopolistic business practices. Beside all this, the implementation of this law was failure of the judiciary because the law was poorly worded and the judges didn't dared to touch it because of the presence of loop holes in this law.
Three examples of solutions to the problems of a monopoly are harnessing the benefits of ________, ________ trade barriers, and ________ markets.
Answer:
1. harnessing the benefits of competition.
2. reducing trade barriers
3. regulating markets.
Explanation:
harnessing the benefit of competition
The use of competition in a market will enable consumers get the best possible prices, quantity, and quality of goods and services. competition in a market will also boost innovation allowing each firm producing similar goods to improve the quality of their products so as to gain more market share.
Reducing trade barriers
When trade barriers such as quota, embargo, tariffs are reduced in the market, it becomes easier for firms to compete with a other firms. Reduction of trade barriers will encourage more firms to enter a market that previously had a single supplier of a commodity .
Regulating market
A regulated market is a kind of market where government control the force of demand and supply like determining who is allowed to enter the market and determine what price to be charge. Markets that are natural monopolies are usually regulated to avoid exploitation of consumers
3. Which of the following statements is true?
a. Foreign firms registered with the SEC may file reports based on IFRS.
b. U.S. firms registered with the SEC may file reports based on IFRS.
c. The European Union requires firms to report based on GAAP.
d. Foreign firms registered with the SEC may file reports based on IFRS only if they reconcile all amounts to GAAP.
Answer: Option "A" is the correct answer to the following statement.
Explanation:
Foreign companies that are registered with the SEC. file reports based on International Financial Reporting Standards
SEC: The U.S. Securities and Exchange Commission is an autonomous federal government body charged with protecting consumers, regulating the securities markets in a reasonable and orderly manner and promoting the creation of resources.IFRS: International Financial Reporting Standards are reporting standards developed by the International standards Council and the IFRS Framework. These represent a systematic way of describing the financial performance of the company so that financial statements around international boundaries are clear and equivalent.
Foreign firms registered with the SEC can file reports based on IFRS, reflecting the permission granted by the SEC for international standards without reconciliation to GAAP.
The correct statement among the options provided is:
a. Foreign firms registered with the SEC may file reports based on IFRS.
This is because the Securities and Exchange Commission allows foreign registrants to use International Financial Reporting Standards (IFRS) without the need to reconcile to Generally Accepted Accounting Principles (GAAP). On the other hand, U.S. firms must report based on GAAP, and the European Union requires firms to report based on IFRS, not GAAP.
The interaction of buyers and sellers who trade long-term or intermediate-term money instruments"" is the definition of the _____________ market.
Answer:
Capital Market
Explanation:
Capital Market -
It refers to the channelization of the investment and the savings , by the buyers and seller , is referred to as the capital market .
It is also known as the financial market.
The units which have the capital are institutional and retail investors ,
and the people in search of capital are the people , businessman , government.
The capital market is used in the primary as well as secondary market.
The various capital markets are - the bond market and the stock market.
Hence, from the given information of the question,
The correct term is capital market.
Corporations react to the various pressures and constituencies connected to the topic of social responsibility in different ways. Companies that are ________ tend to fight efforts that they see as resulting in greater restriction and regulation of their ability to maximize profits.
Answer:
B) defenders
Explanation:
The term defenders is used to describe corporations that defend or protect only their interests without any regard for the interests of the general public (or the country). Corporations that act as defenders tend to make changes only when legally compelled to do so, and only after they did everything they could to stop any regulation that affected them.
All corporations are defenders up to certain point, because their greatest concern is making the largest possible profit and no one likes to make changes that will lower their profits. When we think about this type of corporations we tend to imagine big oil corporations and defense contractors that influence policies on their favor, but also modern technological corporations like Google and F@cebook have been involved in situation where they refuse to change how they do business simply because they don't want to lose money. F@cebook knew what Cambridge Analytica was doing in the past elections and didn't care, Google favors monopolies ans they don't care either.