Two types of survey questions are open questions and closed questions. An open question allows for any kind of​ response; a closed question allows for only a fixed response. An open question and a closed question with its possible choices are given below. List the advantages and disadvantages of each question.

Open​ question: What can be done to get students to eat healthier​ foods?

Closed​ question: How would you get students to eat healthier​ foods?

1. Mandatory nutrition course

2. Offer only healthy foods in the cafeteria and remove unhealthy foods

3. Offer more healthy foods in the cafeteria and raise the prices on unhealthy foods

What are the advantages of an open​ question? Select all that apply.

A.

An open question allows for new solutions to be introduced.

B.

It is easy to compare the results of surveys with open questions.

C.

It is easy to quantify the responses of open questions.

D.

An open question allows the respondent to go​ in-depth with their answer.

What are the disadvantages of an open​ question? Select all that apply.

A.

It is difficult to quantify the responses of open questions.

B.

An open question limits the possible responses of the respondent.

C.

It is difficult to compare the results of surveys with open questions.

D.

The form of the question may influence the opinion of the respondent.

What are the advantages of a closed​ question? Select all that apply.

A.

It is easy to quantify and compare the results of surveys with closed questions.

B.

Closed questions allow the respondent to go​ in-depth with their answers.

C.

Closed questions allow for new solutions to be introduced.

D.

It is possible to automate the collection of results for closed questions.

What are the disadvantages of a closed​ question? Select all that apply.

A.

The form of the question may influence the opinion of the respondent.

B.

Closed questions allow for new solutions to be introduced.

C.

Closed questions may not provide appropriate alternative responses.

D.

It is difficult to quantify and compare the results of surveys with closed questions.

To solve the following problem, it is recommended to use Excel.

Table 1 provides the GDP components expenditures and the current account balance amount at constant price 2010 (in Million US Dollars)

Table 1.UAE Expenditure, 2017 - 2019 (Million Dollars) at constant Price 2010

Requirements:

1. Complete table 2, based on in table 1 data.

Table 2

2. Complete Table 3 based the following statistics and your results in table 2 (GDP at constant price).

Table 3  United Arab Emirates Economic Variables, 2017– 2019

3. A worldwide recession (-4.5%) is expected during 2020 due to Covid-19. Assuming that the UAE experiences the same slowdown as the average for the world, what would be the UAE GDP in constant prices in the year 2020. (1 Mark)

4. Explain the different inflation rates obtained based on the CPI method and the inflation rates based on the GDP deflator method. (1 Mark)

.

5. (Bonus question) Illustrate graphically the GDP fluctuation during the period 2017-2020. (1 Mark)

Healthy People 2010 was established to improve public health by the year 2010, do you think we've reached that goal? Why or why not? Explain your answer.

(1) Shares are attractive to investors because shareholders are not liable for the corporation's actions and debts and because shares are easily transferred.

True or False

(2) Fast Cars Inc. was authorized to issue 50,000 $1.50 preferred shares and 300,000 common shares. During 2020, its first year of operations, the following selected transactions occurred:

Required:
a. Journalize the above transactions.

b. Prepare the equity section of Fast Car’s balance sheet at December 31, 2020. (Amounts to be deducted should be indicated by a minus sign.)

c. Not available in Connect.

Taking the index of export prices, import prices, volume of exports, and productivity in the export sector in a developing nation to be equal to 100 in 1980, in 2010 what would be:

i. The commodity terms of trade of this nation if the index of its export prices rises by 10 percent but the index of its import prices rises by 20 percent.

ii. This nation’s income terms of trade if the index of export volume grows to 130 by 2010.

iii. This nation’s single factoral terms of trade if its productivity index in the export sector rises to 140 by 2010? iv. Is the nation better off in 2010? Explain using your results above.

Problem 21-12

Please explain how you come to the answers, I'm hoping to learn how to do them. Thank you!!

You have been assigned to examine the financial statements of Picard Corporation for the year ended December 31, 2020, as prepared following IFRS. Picard uses a periodic inventory system. You discover the following situations:

Assume that the trial balance has been prepared, the ending inventory has not yet been recorded, and the books have not been closed for 2020. Assuming also that all amounts are material, prepare journal entries showing the adjustments that are required. Ignore income tax considerations. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Information concerning Concord Corporation’s intangible assets is as follows. 1. On January 1, 2020, Concord signed an agreement to operate as a franchisee of Hsian Copy Service, Inc. for an initial franchise fee of $60,000. Of this amount, $12,000 was paid when the agreement was signed, and the balance is payable in 4 annual payments of $12,000 each, beginning January 1, 2021. The agreement provides that the down payment is not refundable and no future services are required of the franchisor. The present value at January 1, 2020, of the 4 annual payments discounted at 12% (the implicit rate for a loan of this type) is $36,450. The agreement also provides that 8% of the revenue from the franchise must be paid to the franchisor annually. Concord’s revenue from the franchise for 2020 was $850,000. Concord estimates the useful life of the franchise to be 10 years. (Hint: You may want to refer to Chapter 18 to determine the proper accounting treatment for the franchise fee and payments.) 2. Concord incurred $75,000 of experimental and development costs in its laboratory to develop a patent that was granted on January 2, 2020. Legal fees and other costs associated with registration of the patent totaled $20,000. Concord estimates that the useful life of the patent will be 8 years. 3. A trademark was purchased from Shanghai Company for $35,000 on July 1, 2017. Expenditures for successful litigation in defense of the trademark totaling $10,200 were paid on July 1, 2020. Concord estimates that the useful life of the trademark will be 20 years from the date of acquisition.

Prepare a schedule showing the intangible assets section of Concord’s balance sheet at December 31, 2020.

Oliver Corporation decided on January 1, 2020, that its Canadian subsidiary’s functional currency is the Canadian dollar rather than the U.S. dollar. On that date, the net assets of its Canadian subsidiary amounted to C$20,000,000 and to $11,000,000 when remeasured; the exchange rate was $0.75/C$. During 2020, the Canadian subsidiary reported net income of C$2,500,000 and declared and paid dividends of C$1,000,000. No other changes in owners’ equity occurred.

Required

Calculate the translation gain or loss for 2020, and the cumulative translation gain or loss at December 31, 2020. Relevant exchange rates were $0.78/C$ (average); $0.77/C$ (dividend declaration date); $0.79/C$ (December 31, 2020).

Instructions for Translation Gain or Loss table:

1. Use negative signs with answers to indicate a negative exposed position balance.
2. Use negative signs with answers to indicate an amount that reduces the exposed position balance.
3. Using the drop-down menu, select the appropriate answer to indicate a translation gain or loss and a cumulative translation gain or loss.
4. Do not use a negative sign with your translation gain or loss and cumulative gain or loss answers.
5. Enter answers using all zeros (do not abbreviate to millions or thousands).

Collective bargaining

1.Involves direct negotiations between labor unions and employers.

2.Takes place when unions compete to see who should represent workers in a given industry.

3.Occurs when employers determine which union should represent their workers.

4.Is the process by which unions decide which company should be the focus of wage negotiations.