Good Work Week at Allstate helps employees prepare for future challenges and responsibilities both at work and in their personal lives. This is an example of a development program.
What is a Development Program?A development program outlines the procedures for enhancing someone's performance, knowledge, and abilities. Development strategies in the workplace enable staff members to become more productive.A development plan's typical goal is to support the operational objectives of the company. However, development programs can also raise an employee's level of happiness, which might afterward help the employer through a higher retention rate and increased professional competence.Depending on the organization, a different entity will design a development program. It could be the administration of an operating department or the human resources division. Employees and their immediate managers could occasionally ask for the creation of a development plan.To learn more about Development Program refer to:
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1. the opening bank balance is: 2. the opening book balance is: 3. the interest earned ($28) is a reconciling item to: 4. the deposits in transit are a minus to the bank's opening balance of $82,500? 5. the error in check 1115 should be recognized as a reconciling item to the: 6. the "credit memorandum" ($18,000) and the corresponding "collection fee" is a reconciling item for: 7. the ending bank balance is: 8. the ending book balance is: 9. the journal entry to record the $300 error to check 1115 includes: 10. the journal entry to record the $18,000 credit memorandum is:
The bank reconciliation statement based on the information given about the journal will be illustrated below.
How to illustrate the bank reconciliation statement?The bank reconciliation statement will be:
Bank balance= $82500
Add deposit that doesn't appear in bank = $41750
Less: Outstanding checks = $11317
Adjusted book balance = $112933
Books
Book balance = $95250
Add: Cash collected by bank = $18000
Add interest earned = $28
Less: Collection free deducted by bank = $45
Less: Correction of error in check $300
Adjusted book balance = $112933
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As an important step in the human resource selection process, what will expedite the process of conducting background investigations and promises to get suitable results?
As an important step in the human resource selection process, Hiring services such as LexisNexis conduct criminal checks and driving records. Option A. This is further explained below.
What is human resource?Generally, The department of an organization known as human resources (HR) is the one that is in charge of all matters pertaining to the employees. This encompasses the process of recruiting, screening, choosing, interviewing, hiring, onboarding, training, promoting, paying, and terminating workers as well as independent contractors.
In conclusion, Hiring services like LexisNexis do criminal checks and look at driving records as part of the selection process for human resources. This is an essential phase in the process.
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CQ
As an important step in the human resource selection process, which of the following will expedite the process of conducting background investigations and promises to get suitable results?
.
a. Hiring services such as LexisNexis to conduct criminal checks and driving records.
b. Dedicating one human resource expert to making personal calls and doing all the background checks.
c. Minimalizing the types of questions the company asks at this juncture.
d. If there is a need to skip one of the selection process steps, most companies have found that this one can be eliminated.
True or false: the shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility
True.
The shared value creation framework provides guidance to managers about how to reconcile the economic imperative of gaining and sustaining competitive advantage with corporate social responsibility. It helps managers create a larger pie that benefits both shareholders and other stakeholders.
The purpose of corporate governance is to facilitate effective, entrepreneurial, and prudent management that can deliver the long-term success of the company. Corporate governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies.
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The relationship formed between the seller and the customer after they both assess trade-offs and swap value is called the: a.selling process b.sharing process c.exchange process
The relationship formed between the seller and the customer after they both assess trade-offs and swap value is called the b.sharing process.
Sharing is sharing resources or spaces. It is also a process of sharing and distribution. In a narrower sense, it refers to the communal or alternating use of finite commodities, such as communal pastures or communal apartments.
Knowledge sharing is the process of transferring implicit (undocumented) and explicit (documented) information from one person to another. In companies, sharing knowledge not only increases productivity but also enables employees to perform their jobs effectively and efficiently.
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in applying the standards of conduct set forth in the Code of Ethics, internal auditors are expected to compare them to standards of other professions
In applying the standards of conduct set forth in the Code of Ethics, internal auditors are expected not be unduly influenced by their own interests in forming judgments.
What is code of ethics?These are what guide the conduct of people or employees in an organization.
Code of ethics are guide of principles that are required to help professionals so that they can conduct their business with integrity.
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If the marginal factor cost is greater than the marginal revenue product of a resource, the producer can increase profits by laying off some units of the resource.
In order to increase profits when the marginal cost is greater than the marginal revenue, some units can be laid off so this is TRUE.
How can profit be increased?When the marginal revenue of a product is less than the marginal cost, then it means that too many units are being produced.
Profits can therefore be increased by laying off the production of some units of the resource which would reduce marginal cost.
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Because a decrease in real autonomous spending results in a ________ in the price level, the ultimate effect on real gdp is ________ that predicted by the multiplier.
Because a decrease in real autonomous spending results in a fall in the price level, the ultimate effect on real GDP is smaller that predicted by the multiplier.
Another significant discovery is made by Keynesian economics. You've learnt that Keynesians think fluctuations in total spending are what ultimately determine the level of economic activity in the short run (or aggregate demand).
Assume that full employment prevails in an economy because the macro equilibrium occurs at the potential GDP.
Keynes noted that even while the economy starts at potential GDP, it is improbable that it will stay there because aggregate demand has a propensity to fluctuate.
In 2007, the collapse of the housing market caused a decline in U.S. investment spending. The Great Recession subsequently hit the American economy as a result.
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You are a retail investor and trading shares on Robinhood (TM). You believe that the bear market in NASDAQ stocks market over the past several months will continue and that stocks in general will decline over the next 12 months. If the market indeed declines per your forecast, it should be least profitable to have invested in:
It should be least profitable to have invested in Stocks with Low Betas.
What are NASDAQ stocks?On an automated computer network, investors can buy and sell stocks on the NASDAQ electronic stock exchange. Through a computer network, investors can purchase and sell equities on the NASDAQ Stock Market. On the NASDAQ exchange, shares of more than 3,300 firms are traded openly. Other exchanges utilize automated trading, but NASDAQ is distinct since it focuses on high-tech businesses. This post is for business owners and anybody else interested in learning more about the NASDAQ stock exchange. A computer network that is automatic, transparent, and quick is how the NASDAQ Stock Market, an American stock exchange, allows investors to purchase and sell equities.Non-professional market participants known as retail investors typically make smaller investments than larger, institutional investors. Although some internet brokers provide no-fee trading, retail investors may pay greater fees and commissions due to their smaller trade sizes.
Therefore,
It should be least profitable to have invested in Stocks with Low Betas.
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ABC Bank offers to lend you $50,000 for one year at a quoted annual rate of 8.44% with each payment at the end of each month. DEF Bank also offers to lend you the same amount at a quoted annual rate of 8.64%, with each payment at the end of each quarter. What is the difference in the effective annual rates charged by the two banks
The difference in the effective annual rates charged by the two banks is approx 0.22.
ABC=[(1+0.0838/12)^12]-1
=[(1+0.00698333333)^12]-1
=[(1.00698333333)^12]-1
=1.08709-1
=8.709%(Approx)
DEF=[(1+0.0864/4)^4]-1
=[(1+0.0216)^4]-1
=[(1.0216)^4]-1
=1.08924-1
=8.924%(Approx)
Hence difference=8.924-8.709
=0.22(Approx)
The Annual Rate (EAR) is an interest rate compounded over a period of time. Simply put, APR is the interest rate an investor can earn (or pay) in his one-year period after compounding.
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What should buyer insert into their purchase offer to make sure they would not have to go through the purchase if they cannot obtain the necessary financing
Option C. contingency is what buyer should insert into their purchase offer to make sure they would not have to go through the purchase if they cannot obtain the necessary financing.
What is financing?Finance, of financing, is the process of raising funds or capital for any kind of expenditure. It is the process of channeling various funds in the form of credit, loans, or invested capital to those economic entities that most need them or can put them to the most productive use.
Therefore, the correct answer is as given above
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The complete question goes thus:
What should buyer insert into their purchase offer to make sure they would not have to go through the purchase if they cannot obtain the necessary financing
A escape clause
B provision for liquidated damages
C contingency
D walkthrough agreement
Which term best describes a situation where an employee is a victim of discrimination?
Employment discrimination is the term best describes a situation where an employee is a victim of discrimination
This is further explained below.
What is Employment discrimination?Generally, Because of a certain reason, a person might be "discriminated against," which implies they are treated differently or less favorably.
Legally protected traits such as gender, ethnicity, sexual orientation, disability, and marital status are all examples of employment discrimination. Anti-discrimination legislation in the United States prevents companies from discriminating against workers on the basis of age, race/ethnicity/gender/religion/nationality/physical/mental impairment.
In conclusion, When an employee is subjected to discrimination at work, the phrase "employment discrimination" is the most appropriate.
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Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentives from their immediate environment. Group of answer choices True False
True, Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentives from their immediate environment.
Typically, the term "coordination" refers to the planning of collaborative actions among participating systems to achieve a goal. In the Ramadge-Wonham framework (1987), hierarchical coordination of separate systems described by automata is presented.A group of individuals or objects ordered according to rank, or the individuals who hold the highest positions in such a system, are considered to be in a hierarchy. A hierarchy example is the business ladder. The many ranks of priests in the Catholic church serve as an illustration of hierarchy.What is the type of coordination?
Internal coordination, or creating a connection between all of the employees, departments, etc., and external coordination, or creating a connection between the employees and others outside the organization, are the two main types of coordination.
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What are the determinants of demand? what happens to the demand curve when any of these determinants change? distinguish between a change in demand and a movement along a fixed demand curve.
Determinants of demand includes following:
Price of the ProductIncome of the ConsumersPrices of related goods or servicesConsumer ExpectationsNumber of Buyers in the Market
When any of determinants of demand changes, the demand curve shifts to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service.
Demand curve movement happens along the curve, whereas demand curve shift occurs when the determinant of demand relationship changes and causes the demand curve to shift. When changes in quantity demanded are correlated with changes in the commodity's price, the demand curve moves along.
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Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a that is in the long run than in the short run.
If the long-run demand for oranges is the same as the short-run demand, a binding price ceiling will result in a shortage that is larger in the long run than in the short run.
What is a Binding Price Ceiling?A binding price ceiling is when the government or an agency of the government sets the maximum price for a product below the the equilibrium price.
In the long run, as a result of the binding price ceiling, there would be a decrease in the supply of oranges. If the demand in the long run and short run is the same, there would be a shortage.
Reason-
Because it takes many years before newly planted orange trees bear fruit, the supply curve in the short run is almost vertical. In the long run, farmers can decide whether to plant oranges on their land, to plant something else, or to sell their land altogether. Therefore, the long-run supply of oranges is much more price sensitive than the short-run supply of oranges.
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A method of community organization that is used to address a problem through the applicatio of pressure is________.
A method of a community organization that is used to address a problem through the application of pressure is social advocacy.
Community organizing is the method of building power by involving a constituency in identifying problems they share and the solutions to those problems that they prefer; identifying the people and structures that could make those solutions possible; enlisting the targets in the effort through negotiation and using confrontation and pressure when needed.
Social advocacy is the act of helping a concept, need, person, or group. It is the concept of empowering a group or institution of individuals to support marketing strategy via sharing content and connecting with a larger target audience.
Social advocacy is what helps corporations and brands build their credibility. It is approximately getting other human beings to recognize and speak about your brand so that it will assist you to develop your audience, as well as improve your popularity.
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When i'magoldminer chooses what quantity of gold each of it/s mines will produce over the next 12 months, this quantity, along with the prices prevailing in the market for output and inputs, will?
If i'magoldminer chooses what quantity of gold each of it/s mines will produce over the next 12 months, this quantity, along with the prices prevailing in the market for output and inputs, will determine the company's total revenue, total costs, and its profits.
What is total revenue?Total revenue can be defined as the total amount of income generated by a company or an organization at a particular period of time while on the other hand total costs can be defined as the total expenses a company incurred.
Hence, if a company chooses the quantity of gold each of its mines will produce, this quantity produced , along with the prices in the market for output and in2wqputs, will determine the company's total revenue, total costs, and its profits.
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Typically, when will the national bureau of economic research (nber) announce that the economy is in a recession?
the national bureau of economic research (nber) announces that the economy is in a recession, a year or more after the recession has begun
The specific time the economy entered a recession or an expansion is not given in the NBER chronology. The first month of a recession, according to the NBER's convention for determining its length, is the month that comes after its peak, and its final month is its trough.
The most recent dip occurred in April 2020; hence, April 2020 marked the end of the recession and May 2020 marked the start of the next expansion. months that experience peaks and troughs. PILT, nonfarm payroll employment, real personal consumption expenditures, wholesale-retail sales adjusted for price fluctuations, employment as determined by the household survey, and industrial production are some of these. There is no set formula for how measurements are weighted in our judgments or how they contribute information to the process.
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Which of the following statements is false with regards to internal controls? a) Stockholders of publicly-traded companies can be imprisoned if their companies fail to comply with internal control rules. b) Publicly-traded companies must develop a system of internal control. c) None of these is false, Publicly-traded companies internal control system must be evaluated by the company's independent auditor. d) Publicly-traded companies must ensure that their internal controls are reliable and effective.
The question is about the internal controls, a public limited company is required to maintain a good level of internal controls and so A) is false.
What is Internal Control?Internal controls are the controls which are enforced by the management, improved by internal auditors and checked by external auditors.
There is no such clause if a public traded company fails to comply with internal controls the stockholders are not imprisoned instead the stockholders are the shareholders or the owner of the company.
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A stock’s ______ is found by dividing the stock’s annual dividend by its closing price.
A stock’s current yield is found by dividing the stock’s annual dividend by its closing price.
Current yield refers to an investment's annual income divided by the current price of the security. This measure examines the current price of a bond, rather than looking at its face value. The current yield is equal to the stocks annual interest earned divided by the current price of the bond.
The current yield can also be calculated by taking the dividends received for a stock and dividing that amount by the stock's current market price.
Hence, current yield refers to the income you receive from a bond dividend by its current market price, and expressed as a percentage.
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If the poverty threshold for a household of four is $20,000 and the rockefeller family of four has an income of $24,000, then the rockefellers are classified as:________
If the poverty threshold for a household of four is $20,000 and the Rockefeller family of four has an income of $24,000, then the Rockefellers are classified as near poor (ratio of 1.2). This is further explained below.
What is the Rockefeller family?Generally, For example, if the poverty line for a four-person household is $20,000, and the Rockefellers make $24,000, they are considered near-poor (ratio of 1.2).
In conclusion, Whatever remained of the money amassed by the Rockefeller family has been stowed away in charitable trusts or distributed among the family's hundreds of relatives. Forbes estimates that the aggregate net worth of the clan in 2020 was $8.4 billion, which is equivalent to £6.1 billion, however, this number may be on the low end of what is really possible.
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The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called:
The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called Socialism.
A socialist economy is that system of production where production of goods and services is done for using it directly, however in a capitalist economic system, goods and services are produced generally to generate profit means they are produced for indirect use.
"Production which is done under socialism would always be directly and solely for use. With the use of natural and technical resources of the world which are controlled democratically, the sole objective of the production is to meet human needs only."
Goods and services would be produced only for their usefulness, or for their usage-value. It eliminates the need for market-induced needs of profits.
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A(n) _________ (or neutral fact-finding) can assist parties in a business dispute in which the issues are complex and the third party can then recommend a settlement as an attractive alternative.
When there are complicated problems involved in a business dispute, parties can benefit from mediation (or unbiased fact-finding), after which the third party can suggest a settlement as an appealing alternative.
What exactly does mediation entail?In a mediation, the parties meet with a third party who is neutral and objective and who helps them negotiate their disagreements.
What serves as the primary goal of mediation?Even if the parties to the disagreement are unable to come to an agreement, mediation will frequently "bring out" the true issues and improve communications, leading to a better working relationship.
What constitutes mediation's five steps?Stage 1: Introductory Statements.stage 2. Joint discussions Stage 3: Confidential Conversations.Stage 4: the negotiating phase.Stage 5: Settlement.Is mediation a good decision?When two parties desire to work together but require outside assistance to solve a current problem, mediation might be compared to relationship counseling. When the connection is particularly important to you, mediation can assist you in resolving a particular problem without harming the partnership as a whole.
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XYZ Company makes one product and has calculated the following amounts for direct labor: AH x AR = $84,000; AH x SR = $83,000; SH x SR = $85,000. Compute the labor efficiency variance.
Based on the various cost rates and hours for XYZ Company, the labor efficiency variance is $2,000 unfavorable
What is the labor efficiency variance?This can be found as:
= (Actual hours x Standard rate) - (Standard hours x Standard rate)
Solving gives:
= 83,000 - 85,000
= $2,000 unfavorable
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A hypothetical interest rate whose only function is to compensate lenders for the opportunities they forgo by not having access to the loaned funds is called the ______.
An interest rate that is hypothetical and has the singular function of showing the returns that lenders forego when they don't have access to the loaned funds is pure rate of interest.
What is the pure rate of interest?The pure interest rate is a rate that is found in perfectly competitive markets and relates to foregone profit.
This rate might be hypothetical but it functions to show how much returns those who loan money would gain if they had access to the money they loaned to a loanee.
This rate is impractical however because it assumes a world where there is no risk which is simply not possible.
In conclusion, this is the pure rate of interest.
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Ramon is a very balanced task and relation-oriented leader. which type of leadership does ramon have?
Ramon is a very balanced task and relation-oriented leader. Ramon has behavioral leadership.
Theories of leadership explain how and why specific individuals become leaders.
They emphasize the character characteristics and actions that people might adopt to improve their leadership skills.
According to the behavioral leadership hypothesis, a leader's effectiveness is determined by their behavior rather than by their inherent qualities.
According to the behavioral leadership theory, a leader's responses to a particular scenario should be observed and evaluated.
According to this belief, leaders are created, not born.
According to this theory's proponents, anyone who can learn and apply specific characteristics can become an effective leader.
Hence, Ramon is a very balanced task and relation-oriented leader. Ramon has behavioral leadership.
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Ramon is a very balanced task and relation-oriented leader. which type of leadership does Ramon have : behavioral
Leadership is the accomplishment of a goal through the direction of human assistants. The man who successfully marshals his human collaborators to achieve particular ends is a leader.
A good leader maintains and develops skills, knowledge and experience in themselves and others. A good leader is objective, fair and reasonable.
Leadership is the ability of an individual or a group of individuals to influence and guide followers or other members of an organization.
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A truckload of lumber that a homeowner purchased has been left in the driveway for use in building a porch. The lumber is considered
A truckload of lumber that a homeowner purchased has been left in the driveway for use in building a porch. The lumber is considered personal property {until it's built}.
All non-real estate property is considered property. This includes all clothing, jewelry, all tangible items such as household items and furnishings, and everything else that is mobile and not permanently attached to a fixed location such as a home.
Other financial assets such as bank accounts and investment accounts are also considered personal assets. Creditors often take this into account when determining the likelihood of a borrower repaying a debt, so when applying for a loan or credit, you consider your personal assets as assets to increase your value can list.
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The imposition of a price ceiling on a market often results in:
The imposition of a price ceiling on a market often results in a shortage.
Price ceilings prevent a charge from growing above a certain stage. whilst a rate ceiling is set beneath the equilibrium charge, the amount demanded will exceed the amount provided, and extra calls for or shortages will result.
The usual end result of a charge ceiling is a shortage because whilst a charge ceiling is set beneath the equilibrium charge, the quantity demanded is greater than the quantity supplied.
A charge ceiling is illegally imposed on most rates. When the rate is about underneath the equilibrium rate, the quantity demanded will exceed the amount supplied. This could bring about a shortage.
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The freedom for people to buy, sell, and use land, buildings, machinery, and inventions are basic capitalist rights under?
The freedom for people to buy, sell, and use land, buildings, machinery, and inventions are basic capitalist rights under the right to own private property.
Capitalism: What Is It?
In a capitalist economy, private people or companies own the capital assets. The labor force, which does not own the means of production but merely uses them on behalf of the capital owners, is employed by business owners (capitalists).
Why Private Property Rights Are Important for Capitalism?
A framework that safeguards people's legal right to own or transfer private property is necessary if people or enterprises are to utilize their capital assets with confidence. Contracts, honest dealing, and tort law will all be used in a capitalist society to support and uphold these private property rights.
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suppose an individual worker is on the backward bending portion of her labor supply curve. then for a wage increase the
An individual worker is on the backward bending portion of her labor supply curve. then for a wage increase the income effect is stronger than the substitution effect.
What is backward-bending supply curve?A backward-bending supply curve of labor, also known as a backward-bending labour supply curve, is a graphical representation of the situation where, as real wages rise above a certain point, people will start to substitute leisure for paid work time. As a result, higher wages result in a decrease in the labour supply, and less labor is available for hire.
What causes backward bending labor supply curve?However, the backward-bending labor supply curve appears when an even higher income actually encourages people to work less and consume more leisure or unpaid time.
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How can a strong credit score help you to negotiate a better price on big purchases items, like cars
Your ability to negotiate for a reduced interest rate on a credit card or new loan depends on your credit score. You can benefit from other alluring offers you've received from other businesses depending on your credit score if you need more negotiating leverage.
What do you understand by credit score?
A credit score, which ranges from 300 to 850, represents a person's creditworthiness. The better a borrower seems to potential lenders, the higher their score. A credit score is determined by a variety of factors, including the number of open accounts, the total amount of debt, the repayment history, and others.
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