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Questions in business

📝 Answered - Plan a vacation budget for your family. Estimate the cost of accommodation, food, transport, and activities. Adjust the budget: extra day to trip, change type of accommodation, add or remove activity. Submission: Write a brief reflection on what you learned about budgeting and how the cost can change based on the different factors. Represent budget either in spreadsheet, bar graph, or pie chart.

📝 Answered - Roberto listed his assets and liabilities on a personal balance sheet. | | Assets | | Liabilities | |---|---|---|---| | cash | $1,800 | credit card | $4,000 | | investments | $6,200 | personal loan | $1,000 | | house | $150,000 | mortgage | $100,000 | | car | $8,000 | car loan | $5,000 | | Total | | Total | After creating the balance sheet, Roberto decided to use his investments to pay off his car loan. How will that decision affect the difference between his assets and liabilities? A. It will make the assets $5,000 less than the liabilities. B. It will make the assets $5,000 more than the liabilities. C. The difference between the assets and the liabilities will remain the same. D. The difference between the assets and the liabilities cannot be compared.

📝 Answered - Federal Bank is a A. Private sector Bank B. Foreign Bank C. Public sector Bank D. None of these

📝 Answered - When participating in a loyalty rewards points program, please check which of the following activities you would participate in, in order to collect additional points? Select all that apply. (A) Visit a store for a special event (B) Leaving a review (C) Purchase specific merchandise (D) Keep your profile information up to date (E) Purchase specific food items (F) Download a mobile shopping app (G) Refer a friend to the rewards program (H) Other (I) None of the above

📝 Answered - Which of the following is responsible for setting the internal controls policies of a company? A. Internal Auditor B. External Auditor C. Management D. Employees that have been with the company for over 10 years

📝 Answered - Which of the following best explains why ethics is important in management? (A) To impress shareholders (B) To gain tax benefits (C) To sustain long-term growth (D) For better accounting

📝 Answered - Show the effect of the following transactions on the Accounting Equation: (i) Started business with cash ₹ 50,000. (ii) Salaries paid ₹ 2,000. (iii) Wages Outstanding ₹ 200. (iv) Interest due but not paid ₹ 100. (v) Rent paid in advance ₹ 150.

📝 Answered - Fill in each blank with the correct number from the table. | Country | Cost (units) | Production choices | | :-------- | :----------- | :------------------------ | | | | Petroleum (units) | Seafood (units) | | Country A | 1 | 16 | 8 | | Country B | 1 | 8 | 8 | Based on the data in the table, the opportunity cost for Country A to produce 16 units of petroleum is $\square$ units of seafood. The opportunity cost for Country B to produce petroleum is $\square$ units of seafood.

📝 Answered - What is the primary purpose of using the payroll basis in performance management?

📝 Answered - XYZ Corporation invests $5,000 into 91-day treasury bills with an interest rate of 1.5%. If the broker charges a $25 commission, what is the yield? $\begin{array}{c} \text { yield }=[?] % \\ \text { yield }=\frac{\text { amount invested (interest rate) }\left(\frac{\text { days invested }}{360 \text { days }}\right)}{\text { amount invested }\left(\frac{\text { days invested }}{360 \text { days }}\right)+\text { commission }} \end{array}$ Give your answer as a percent rounded to the nearest hundredth.