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- An electronics retailer has only 100 webcams left in stock until the next shipment Hint: Accounts & FinanceWebcams are small digital video cameras that stream images or videos in real-time through a computer or a computer network. It is a camera used in transmitting live images over t..
- An elementary school nurse is providing education to the faculty on the use of cerebral stimulants Hint: Accounts & Finance"A stimulating classroom environment is one where students are able to learn through hands-on experience and exploration. Encouraging critical thinking, as well as providing a va..
- An entity denominated a sale of goods in a currency other than its functional currency Hint: Accounts & FinanceReceivables, also known as accounts receivable, are debts owing to a company by customers for goods or services that have been used or provided but have not yet been paid for. On..
- An entrepreneur is thinking of setting up a new service business Hint: Accounts & Finance"Distribution strategy is the method used to bring products, goods and services to customers or end-users. You often gain repeat customers by ensuring an easy and effective way t..
- An ERP system has been emperically proven to bring significant benefits Hint: Accounts & FinanceEnterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project managemen..
- An example of a lack of internal controls with a disastrous result was the bond trading loss Hint: Accounts and FinanceA bond trader's main duty is to make subordinate markets to stakeholders. Traders purchase and trade bonds with stakeholders and their contestants on an ethical or agented basis. I..
- An extract of a company’s draft statement of financial position Hint: Accounts and Finance The statement of financial position is also known as a balance sheet and it represents the equity, assets, and liabilities of a company. a balance sheet is important because ..
- An income statement for the year ended 31 July 2012 if dividend payout ratio Hint: Accounts & FinanceOrdinary share capital is defined as "all of the Company's issued share capital (however described), except than capital the holders of which have a right to a fixed rate dividen..
- An individual purchases the business of a sole proprietor Hint: Accounts & FinanceA sole proprietor is an individual who owns a business by him or herself. The IRS defines this as the simplest and most common way to start one of these unincorporated businesses..
- An inexperienced bookkeeper prepared the following trial balance from Hint: Accounts & FinanceA trial balance is a list or report showing all ledger accounts contained in financial records. It contains the names of each ledger account which contain either a credit or a de..
- An initial investment of $160,000 is expected to generate annual cash inflow of $42,000 for 5 years Hint: "2. Accounting rate of return is a financial ratio that is used in capital budgeting — it a % return.It calculates the return, generated from net income of the proposed capital investment.The ste..
- An insurance company has found that the severity Hint: Accounts & FinancePolicyholders are the person whose life is covered under the policy. Their name and contact details are recorded in the insurance policy. Also, the benefits of the health insuran..
- An insurance company is offering a new policy Hint: Accounts & Finance "1. Payment at retirement = $275,000Number of years = 65To determine whether the policy is worth buying we will compute the future value of all the payments until retiremen..
- An insurance company is offering a new policy to its customers Hint: Accounts & FinanceAn interest rate refers to the amount of interest that accumulates on the amount lent, borrowed, invested or deposited. The amount of interest accrues according to the comp..
- An investment fund has approached you with a pre-commitment to purchase Hint: Accounts & Finance"a) Profit margin: The profit margin of a company could be easily determined by subtracting the cost of goods sold (COGS) from its total revenue and then dividing that figure by ..