implementing activity-based costing . multiple select question. requires substantial resources should be done by a cross-functional team requires taking employees away from other tasks should be done using existing, historical data that can be verified

Answers

Answer 1

Implementing activity-based costing is a complex process that requires substantial resources. It should be done by a cross-functional team made up of individuals from different departments who can provide different perspectives. This team should take into account the cost of taking employees away from their other tasks and the impact this will have on the organization.


Activity-based costing should be done using existing, historical data that can be verified and validated. The team should be able to compare the data with actual performance and identify any discrepancies. This comparison should help the team determine the best way to allocate resources and assess the cost of various activities.


The team should also consider the cost of any additional resources that may be required to successfully implement activity-based costing. They should also review current processes and procedures to ensure that they are properly aligned with the goals of activity-based costing. Finally, the team should create a timeline for implementing the new system and measure progress against the timeline.

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Related Questions

corporate bylaws: question 4 options: must be amended should a firm decide to increase the number of shares authorized. cannot be amended once adopted. define the name by which the firm will operate. describe the intended life and purpose of the organization. determine how a corporation regulates itself.

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Corporate bylaws, determine how a corporation regulates itself. These provide the fundamental guidelines for managing the company's activities and business.

What are corporate bylaws?

The bylaws are the company's rules. Corporate bylaws are a set of rules and regulations adopted by a corporation to regulate its operations and management.

Corporate bylaws define the name by which the firm will operate, such as its legal name, and also provide details on how the firm will operate, the purpose of the organization, and the number of shares authorized.

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Given the following list, if ListTraverse ReverseRecursive(node) were called directly on node Chips, the nodes visited would be menu head: tail: data: Pizza next: data: Chips next: data: Tea next: null O Only Tea O Tea, Chips, and Pizza O Chips and Pizza O Tea and Chips

Answers

Explanation:

[tex]55156xyy2332 \times \frac{?}{?} 3955 \sqrt[?]{ \\ \\} [/tex]

A perfect correlation, whether positive or negative, is ________ in the real world.Answers:A. found in most human studiesB. zeroC. found in most animal studiesD. very unlikely to occur

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The given statement 'A perfect correlation, whether positive or negative, is very unlikely to occur in the real world' is true. Therefore, option D is the correct answer.

Correlation is a statistical concept that refers to the degree of connection between two variables. It is a type of study that determines the relationship between variables. The correlation can be categorized into two types. These are:Positive correlationNegative correlationPositive correlation:In a positive correlation, variables move in the same direction. That is, if one variable increases, the other variable also increases. This is also called direct correlation.

Examples of positive correlation are the height and weight of a person. If height increases, weight also increases.Negative correlation:In negative correlation, variables move in opposite directions. That is, if one variable increases, the other variable decreases. This is also called inverse correlation.Example of negative correlation are price and demand. If the price of the product increases, the demand for the product decreases.So, the correct option is D.

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Answer:

sD. very unlikely to occur

Explanation:

identify whether each macroeconomic variable is an example of a withdrawal or an injection. then, determine the value of investment at equilibrium. all values are in billions of dollars.

Answers

The value of investment at equilibrium is $380 billion.

Withdrawals consist of saving, taxes, and imports, while injections include government spending, exports, and investment.

Withdrawals: Saving + Taxes + Imports

Injections: Government Spending + Exports + Investment

Given information:

Saving = $760 billion

Taxes = $2850 billion

Imports = $2660 billion

Government Spending = $3800 billion

Exports = $2090 billion

Withdrawals = $760 + $2850 + $2660 = $6270 billion (Withdrawal)

Injections = $3800 + $2090 + Investment

At equilibrium,

Withdrawals = Injections:

$6270 billion = $3800 + $2090 + Investment

Solving for Investment:

Investment = $6270 billion - $3800 - $2090

= $380 billion

Therefore, the value of investment at equilibrium is $380 billion.

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Most probably, your complete question is this:

Identify whether each macroeconomic variable is an example of a withdrawal or an injection. Then, determine the value of investment at equilibrium. All values are in billions of dollars.

Withdrawal Injection saving = $760

government spending = $3800

imports = $2660

exports = $2090

taxes = $2850

investment = ?

investment at equilibrium: $............... billion.

What is the applicable financial reporting framework in the US known as?

Answers

The applicable financial reporting framework in the US is known as Generally Accepted Accounting Principles (GAAP).

Financial reporting is the accounting process of creating financial statements that reflect an organization's financial activities to internal and external stakeholders.

Financial reports also provide information on how to manage the finances of a company and how to make investments or get credit for a company. Financial reporting aids in the assessment of a company's financial performance, as well as its liquidity, profitability, and solvency.

Financial reporting helps both company management and external parties to assess the company's financial well-being.

Generally accepted accounting principles (GAAP) are the applicable financial reporting framework in the United States. The accounting principles, standards, and procedures used to prepare a company's financial statements are known as GAAP.

GAAP is a set of rules, standards, and conventions used in preparing financial statements and disclosures. These rules, standards, and conventions help organizations report financial information in a consistent and comparable way.

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Move the corresponding statements about the corporate diversification components to the correct position in the list. Unrelated Diversification Diversification most often tied to good performance BCG Growth-Share Matrix A tool used in corporate portfolio planning Related Diversification Tata is a conglomerate successfully using this Restructuring Restructuring Process of reorganizing activities to refocus a firm

Answers

Based on standard business operation and corporate diversification, the corresponding statements and their component include the following: Unrelated Diversification = Tata is a conglomerate successfully using this Restructuring. BCG Growth-Share Matrix = A tool used in corporate portfolio planning. Related Diversification = Diversification is most often tied to good performance. Restructuring = Process of reorganizing activities to refocus a firm.

What is Corporate Diversification?

Corporate Diversification is a term that is used to describe the strategic decision carried out by firms to address the strategic question regarding in which businesses the firm will compete.

Generally, corporate diversification allows a single-business company that expands its strategic scope by adding new businesses becomes a diversified, multibusiness company.

In this case, the correct matches are:

Unrelated Diversification = Tata is a conglomerate successfully using this Restructuring. BCG Growth-Share Matrix = A tool used in corporate portfolio planning. Related Diversification = Diversification is most often tied to good performance. Restructuring = Process of reorganizing activities to refocus a firm.

Hence, in this case, it is concluded that corporate diversification is a potent tool for business firms willing to grow.

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Which of the following is NOT one of the characteristics possessed by clients who are most likely to fail in residential community corrections?
a. Violent history
b. Lack of employment
c. Drug and alcohol abuse history
d. Lack of education

Answers

In the following question, among the given options, the following is NOT one of the characteristics possessed by clients who are most likely to fail in residential community corrections Answer: D) "Lack of education"

Explanation: Among the following options, Lack of education is not one of the characteristics possessed by clients who are most likely to fail in residential community corrections. This means that people who are not properly educated will still have a higher chance of succeeding in community corrections than those with the other three characteristics. These three characteristics possessed by clients who are most likely to fail in residential community corrections are as follows: Violent history, Lack of employment, and Drug and alcohol abuse history these factors increase the risk of an offender reoffending while in residential community corrections.

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determine whether an observational or experimental study is appropriate to address the following statement. a coffee shop manager wants to find out if using a new cleaning product will reduce staffing costs.

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An observational study is appropriate to address the statement: A coffee shop manager wants to find out if using a new cleaning product will reduce staffing costs.

What is an observational study? Observational studies are studies where the investigator merely observes and records data. These studies may take place in the field or in the laboratory. Observational studies are further divided into cohort studies and case-control studies.Observational studies can be used to determine if an event is connected to a specific intervention. Observational studies can be used to determine if a health care system or program is successful in improving health outcomes.

Observational studies are conducted by trained investigators in a natural setting. What is an experimental study? An experimental study is a type of study in which the investigator carefully observes and records the results of a specific intervention. In an experimental study, the investigator compares a group of individuals who receive an intervention with a control group that does not receive the intervention. The purpose of the experimental study is to determine if the intervention is effective in achieving the desired outcome.

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Positioning a product or brand effectively involves taking four steps, one of which is a. deciding whether to keep or delete a product group or item. b. deciding which of your competitors would be the most effective partner in a corporate merger.c. developing a new marketing program that conforms to your leading competitor's offering.d. identifying market niches that were not previously discovered during the market segmentation process.e. discovering how target customers rate competing products or brands with respect to important attributes for the class.

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The right response is learning how to use target audiences to evaluate rival goods or brands in light of crucial class-relevant characteristics.

Positioning represents a product's position in respect to competitors' products, to those who are selling a similar or identical product, and to how customers perceive a product.

A product's positioning affects how the buyer perceives it.

So, positioning a product or brand effectively requires following four processes, one of which is learning how to gauge how target customers rank rival goods or services in light of key class characteristics.

Four different types of product positioning exist.

placement depending on cost.placement based on a lifestyle.placement depending on traits.positioning that is based on quality or status.

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Sasha loves designing her own clothes and wants to be a fashion designer when she becomes an adult. What personality trait describes Sasha?

investigative


A. investigative


B. enterprising


C. artistic


D. realistic

(THIS IS CAREER EXPLORATION!!)

Answers

The personality trait that best describes Sasha, based on her love for designing her own clothes is (C) artistic.

How does the artistic personality trait behave?

Artistic individuals are typically drawn to creative activities such as painting, music, or fashion design and are often skilled at visualizing and bringing their ideas to life.

Sasha's passion for designing clothes suggests that she possesses the artistic skills and qualities needed to succeed in the fashion industry. This is because she loves designing clothes and wants to become a fashion designer, which requires creativity, imagination, and an eye for aesthetics.

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Holding large amounts of bank capital helps prevent bank failures because
A) it means that the bank has a higher income.
B) it makes loans easier to sell.
C) it makes it easier to call in loans.
D) it can be used to absorb the losses resulting from bad loans.

Answers

Holding large amounts of bank capital helps prevent bank failures because it can be used to absorb the losses resulting from bad loans.

By having large amounts of capital, banks are able to take on more risk and are less likely to experience losses in the event of a bad loan. Capital can also be used to cover any costs associated with bad loans, such as closing costs, legal fees, and other expenses. This helps to ensure that banks remain stable and are not forced to declare bankruptcy due to bad loans. In addition, banks with large amounts of capital can call in loans quickly, making it easier to manage their portfolios. All of this helps to reduce the chance of failure and protect customers from the losses associated with bank failures.

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Which of the following would not be considered a potential benefit of diversity for multinationals?
answer choices
Better understanding of local staff and customers
Greater openness to new ideas
Better understanding of home country culture
Expanded perspectives and interpretations

Answers

C) Better understanding of home country culture

Diversity in multinationals brings many benefits, such as a better understanding of local staff and customers, greater openness to new ideas, and expanded perspectives and interpretations. However, a better understanding of home country's culture would not be considered a potential benefit of diversity for multinationals.

Multinational companies are enterprises that operate in various countries and have assets and operations in more than one nation. A multinational corporation's activities are regulated by both national and international law. Multinational corporations are frequently huge corporations with a high degree of autonomy in their international operations.

Multinational corporations may have several benefits of diversity such as: Better understanding of local staff and customers; Greater openness to new ideas; Expanded perspectives and interpretations; Better understanding of the culture of the host country. However, understanding the home country's culture would not be considered a potential benefit of diversity for multinationals.

Multinationals, on the other hand, are more likely to have employees from different cultures who are well-versed in their own country's culture. These employees may provide important context and insight into the various local customs and practices. Furthermore, having a diverse workforce can assist the company in better understanding the nuances of local and global business environments.

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return to questionitem 17 required information pa6-5 (static) preparing a multistep income statement and computing the gross profit percentage [lo 6-6] skip to question [the following information applies to the questions displayed below.] big tommy corporation is a local grocery store organized seven years ago as a corporation. the bookkeeper prepared the following statement at year-end (assume that all amounts are correct, but note the incorrect format): big tommy corporation profit and loss december 31 debit credit net sales $ 404,000 cost of goods sold $ 279,000 salaries and wages expense 58,000 office expense 16,000 travel expenses 1,000 income tax expense 15,000 net profit 35,000 totals $ 404,000 $ 404,000 pa6-5 (static) part 2 compute the gross profit percentage. (round your answer to 1 decimal place.)

Answers

The gross profit percentage of Big Tommy Corporation is 30.9%.

The gross profit percentage of Big Tommy Corporation can be calculated by dividing the gross profit by net sales, then multiplying by 100. Gross profit is equal to the net sales minus the cost of goods sold. Therefore, the calculation is as follows:

Gross profit = Net sales - Cost of goods sold = $404,000 - $279,000 = $125,000

Gross profit percentage = (Gross profit / Net sales) x 100% = ($125,000 / $404,000) x 100% = 30.9%

Therefore, the gross profit percentage of Big Tommy Corporation is 30.9%.

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These indicate the name of each job within a company's job structure.
A) job specifications
B) job summaries
C) position headings
D) job titles

Answers

The name of each job within a company's job structure is indicated by A) job titles.

About Job Title

Job titles serve as an identifier for the position, and they are unique to that particular position. They are used for both internal and external communication purposes, and they can help define the scope of the job and the duties and responsibilities that come with it.

Job titles also play a crucial role in defining the hierarchy within an organization. A job title can give insight into where an individual stands in the chain of command and how much authority they have. In this way, job titles are an essential part of any company's job structure and are often used in performance evaluations, promotions, and salary negotiations.

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the purchasing power of the $20 bill decreases over time due to inflation. true or false?

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The purchasing power of the $20 bill decreases over time due to inflation.  True.

The amount of products and services that may be purchased with a unit of cash is referred to as purchasing power. For example, if one took one unit of cash to a store in the 1950s, one could buy a higher number of products than one could now, showing that the currency had greater buying power in the 1950s.

If one's monetary income remains constant while the price level rises, the buying power of that income decreases.

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Tiffany inspects a batch of products by sampling 4 of them without replacement. If at least one of the products is defective in the sample, the whole batch is sent back. Tiffany doesn't know it, but in the batch he is inspecting now, there are 100 products and 14 are defective. If he samples 4 products from this batch without replacement, what is the probability that... a) All of the products in the sample will be defective? b) None of the products in the sample are defective? c) At least one of the products is defective and the whole batch is sent back? For all of the above, round to four decimal places.

Answers

a) The probability that all the products in the sample will be defective is 0.0002.

b) The probability that none of the products in the sample are defective is 0.4142

c) The probability that at least one of the products is defective and the whole batch is sent back is 0.9998.

a) For Tiffany to sample 4 defective products without replacement, the probability is:

14/100 × 13/99 × 12/98 × 11/97 = 0.0002

b) For Tiffany to sample 4 non-defective products without replacement, the probability is:

86/100 × 85/99 × 84/98 × 83/97 = 0.4142

c) For Tiffany to sample at least one defective product and the whole batch is sent back, the probability is the complement of Tiffany to sample all non-defective products, which is 1 - 0.4142 = 0.5858.

Therefore, the probability that all of the products in the sample will be defective is 0.0002, the probability that none of the products in the sample are defective is 0.4142, and the probability that at least one of the products is defective and the whole batch is sent back is 0.9998.

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According to the _____ defense, a defendant may avoid liability by establishing that the plaintiff voluntarily and unreasonably encountered the risk of the actual harm that the defendant caused?Multiple Choicelast-clear-chanceassumption of the riskcontributory negligenceres ipsa loquiturnegligence per se

Answers

According to the assumption of the risk defense, a defendant may avoid liability by establishing that the plaintiff voluntarily and unreasonably encountered the risk of the actual harm that the defendant caused.

What is the assumption of the risk defense?

The assumption of the risk defense is used when a plaintiff is aware of the risks involved in an activity and voluntarily chooses to participate despite the risk. In such a case, the defendant can claim that the plaintiff assumed the risk and cannot hold the defendant liable for any injuries resulting from the activity.

To use this defense, the defendant must prove that the plaintiff voluntarily and unreasonably encountered the risk. The plaintiff cannot recover damages if the assumption of the risk defense is successful.

In conclusion, according to the assumption of the risk defense, a defendant may avoid liability by establishing that the plaintiff voluntarily and unreasonably encountered the risk of the actual harm that the defendant caused.

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Bill and Hillary each buy a house and take out a $100,000 loan. His house is in New York and her house is in Washington D.C. Bill takes out a conventional 30 year fixed rate mortgage, and Hillary opts for a conventional 15 year fixed rate mortgage. Which of the following correctly summarizes how Bill's mortgage is different from Hillary's (all other things being equal)?
- Bill's 30 year mortgage has a higher interest rate, lower
monthly payments and higher overall interest payments.
It builds equity more slowly than Hillary's mortgage.
- Hillary's 15 year mortgage has a higher interest rate, higher
monthly payments and higher overall interest payments.
It builds equity more slowly than Bill's mortgage.
- Bill's 30 year mortgage has a lower interest rate, lower
payments and lower overall interest payments. It builds
equity more quickly than Hillary's mortgage.
- None of the answers are correct

Answers

The difference between Bill's mortgage and Hillary's mortgage (assuming all other things being equal) is that Bill's 30-year mortgage has a lower interest rate, lower payments, and lower overall interest payments. It builds equity more slowly than Hillary's mortgage.

A fixed-rate mortgage is a type of mortgage in which the interest rate stays the same for the life of the loan. It is one of the most traditional types of mortgage loans. They are usually the most common types of loans given to homebuyers. Fixed-rate mortgages usually come in 15-year or 30-year terms. In addition, they are available in other lengths as well. A conventional mortgage is a type of mortgage loan that is not backed by a government agency such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA).

A conventional loan is a home loan that is not backed by the government, which means that the lender takes on the risk of the borrower defaulting on the loan. Equity is the value of your house minus the amount you still owe on the loan. It is essentially the amount of the house that you "own" outright. Over time, as you pay off your mortgage, your equity in the property will grow. Equity can be built in several ways, including making regular mortgage payments, making extra payments on the principal, and taking advantage of home price appreciation.

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relative to the general journal, special journals are designed to record routine transactions is called

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Relative to the general journal, special journals are designed to record routine transactions is called Subsidiary ledgers.

Special journals are designed to record routine transactions related to sales, purchases, and other financial operations. Special journals help to save time in the bookkeeping process. The general journal is a chronological record of accounting transactions classified into debits and credits. As a result, transactions in the general journal are recorded in the order in which they occur, and they can include any type of transaction that requires accounting entries. Special journals, on the other hand, are used to track specific types of transactions, such as purchases and sales.

Special journals are classified as follows:

Purchase Journal - A purchase journal is used to record credit purchases. Invoices, purchase orders, and checks for payment can all be recorded in this journal.Sales Journal - A sales journal is used to record credit sales. Sales invoices can be recorded in this journal. The sales journal is used for invoicing customers, which is a critical component of the sales process.Cash Receipts Journal - The cash receipts journal is used to record all cash transactions that are received. Each time a payment is received, a separate transaction is recorded in this journal.Cash Disbursements Journal - The cash disbursements journal is used to record all cash payments made. Any payment made by the company, including utilities, rent, and salaries, should be recorded in this journal.

Hence, relative to the general journal, special journals are designed to record routine transactions is called Subsidiary ledgers.

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if you purchase a cut of meat that needs to be trimmed of fat and bone, what will happen in relation to its price?

Answers

If you purchase a cut of meat that needs to be trimmed of fat and bone, the price will be decreased in relation to it. The cost of meat that needs to be trimmed of fat and bone is reduced in relation to its price.

This is due to the fact that the trimmed fat and bone are discarded, lowering the meat's overall weight and increasing the amount of preparation required by the buyer. The reduced cost of the trimmed meat is advantageous to the customer, as it allows them to receive a higher quality cut of meat at a lower price. A lower price is linked to cuts of meat that require trimming because the weight and preparation time of the meat are both reduced. Buyers will be able to save money while still receiving a high-quality cut of meat due to this.

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To test the client's cutoff of inventories, the auditors will make a record of the serial number of the final receiving and shipping documents used prior to the taking of the physical inventory.
a. True
b. False

Answers

To test the client's cutoff of inventories, the auditors will make a record of the serial number of the final receiving and shipping documents used prior to the taking of the physical inventory. The statement is true.

What is a physical inventory?

A physical inventory is a process of manually counting and verifying the inventory levels of a business. Physical inventory is done at the end of an accounting period, such as a fiscal year, and requires that all inventory items are counted and accounted for.

This enables a business to update its inventory records and make any necessary adjustments. This is especially important for businesses that depend on accurate inventory tracking, such as retailers and manufacturers.

In order to verify the client's cutoff of inventories, the auditors will record the serial number of the final receiving and shipping documents used before the physical inventory is conducted.

This helps the auditors identify any discrepancies and determine if the inventory counts have been accurately recorded.

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WHAT IS THE KEY WORD IN THE FOLLOWING QUESTION?
All of the following are reasons for a revenue bond issuer to make an extraordinary call EXCEPT:
A. the proceeds of the issue were never expended to build the proposed facility
B. homeowners have prepaid their mortgages at a faster than expected rate on a housing bond issue
C. the facility built with the proceeds of the issue has been destroyed by fire
D. interest rates have dropped and the issuer can refund the bonds at lower current rates

Answers

All of the following are reasons for a revenue bond issuer to make an extraordinary call, EXCEPT: B.) homeowners have prepaid their mortgages at a faster than expected rate on a housing bond issue.

About Revenue bond issuer

Revenue bond issuer might need to make an extraordinary call to be able to refund bonds at a lower current rate and save money or lower the cost of borrowing.

The facility built with the proceeds of the issue has been destroyed by fire might lead to a bondage issuer to make an extraordinary call. Also, the proceeds of the issue were never expended to build the proposed facility might lead to an extraordinary call. However, homeowners prepaying their mortgages at a faster than expected rate on a housing bond issue would not lead to an extraordinary call.

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Employees adopt new behaviors and attitudes during the ___________ stage, although they will need training and practice before the new ways of doing things become automatic.

Answers

Employees adopt new behaviors and attitudes during the implementation stage, although they will need training and practice before the new ways of doing things become automatic.

Implementation is the point at which a change is fully implemented and embedded in the organization's systems and culture. During this stage, employees must adapt to the changes by changing their habits and methods of working. Training can be given to help employees adjust to the new system, and incentives may be provided to encourage them to do so.

Although they will require training and practice before the new methods of doing things become automatic, employees can adopt new behaviors and attitudes during the implementation phase.

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If purchases returns and allowances are a decrease in purchases, why are returns and allowances credited to a separate account?

Answers

Purchases returns and allowances are credited to a separate account because it helps the company keep track of the actual cost of goods sold.

Purchases returns and allowances is an account that records transactions in which a buyer returns goods to the seller or gets an allowance (i.e., a decrease in price) on goods they have already received. Returns and allowances are part of the cost of goods sold since they lower the company's gross profit. This is due to the fact that returns and allowances are frequently credited to a separate account.The sales revenue, accounts receivable, or cash account used for the original purchase is debited when a return or allowance is given. Since returns and allowances are a reduction in the original purchase price, they are credited to the separate account. The separate account that records returns and allowances is frequently named "purchase returns and allowances."Why are returns and allowances credited to a separate account?Purchases returns and allowances are credited to a separate account because they lower the actual cost of goods sold. They reduce the amount of the original purchase, so it makes sense to keep track of them separately. It helps the company keep track of how many returns and allowances it has given out and how much they have lowered the cost of goods sold. As a result, this account provides a more accurate representation of the company's actual cost of goods sold.

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The majority of a facility manager's job is spent doing which of the following?
a. budgeting
b. forecasting
c. managing people
d. managing maintenance

Answers

The majority of a facility manager's job is spent "managing maintenance". Thus, Option D is correct.

Managing maintenance involves ensuring the smooth running of a facility's physical systems, overseeing repairs and upgrades, and implementing preventive maintenance programs to minimize downtime and extend the lifespan of equipment and infrastructure.

Facility managers are responsible for overseeing the physical assets and infrastructure of a building or facility, from HVAC systems and electrical systems to plumbing and security. Maintaining these systems requires constant attention and ongoing maintenance, and facility managers must be able to respond quickly to any issues that arise, whether through repairs or upgrades.

In addition to managing day-to-day maintenance tasks, facility managers must also develop and implement preventive maintenance programs to minimize downtime and extend the lifespan of equipment and infrastructure.

While budgeting, forecasting, and managing people are all important aspects of a facility manager's job, managing maintenance is the most time-consuming and critical responsibility. Therefore, option D is correct.

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CRM implementation could be milestone for building new strategic competences/ digital transformation process of Companies. Can you identify the key issues/ challenges for A Company X (a real example of your choice) during this process CRM adoption? Do you think that a small Business could have benefits from CRM program? Briefly analyze one case study / companies of choice that use CRM to build a good and profitable relationship with Customers. (i. E: Hints for answer with analysis from 1 case study: How CRM act as s strategic marketing tool? Explain the changing landscape of Marketing in 2020s that lead to the Rise of Relationship Marketing. Please discuss with examples. )

Answers

One company that could face challenges during the CRM adoption process is Nike. Nike is a global company with a large and diverse customer base, which could make it challenging to implement a CRM system that effectively manages customer data and interactions across different channels and touchpoints. Additionally, Nike operates in a highly competitive and fast-paced industry, which may require a quick and efficient CRM adoption process to stay ahead of the competition.

Despite these challenges, a CRM program could have significant benefits for a small business. For example, it can help small businesses streamline customer data management, improve customer segmentation and targeting, and personalize customer communications and experiences, which can lead to increased customer satisfaction and loyalty.

One case study of a company that has successfully implemented a CRM program to build good and profitable relationships with customers is Salesforce. Salesforce is a leading provider of CRM software and services, and it has built its own business model around the concept of relationship marketing. Salesforce uses its own CRM software to manage customer data, interactions, and communications, and it also provides its customers with tools and services to do the same.

CRM acts as a strategic marketing tool for Salesforce by helping the company to better understand and engage with its customers. Through its CRM program, Salesforce is able to collect and analyze customer data from multiple sources, including social media, email, and website interactions, to gain insights into customer behavior and preferences. This allows Salesforce to personalize its communications and offerings to each individual customer, which can lead to increased customer satisfaction and loyalty.

The changing landscape of marketing in the 2020s has led to the rise of relationship marketing, which emphasizes building long-term relationships with customers through personalized and value-added interactions. This approach is particularly effective in today's digital age, where customers have more control over the buying process and demand personalized experiences. Companies that can effectively implement CRM programs to support relationship marketing are likely to be more successful in building profitable and sustainable customer relationships.

T/F to determine filing status, a taxpayer's marital status is determined based on the number of days the taxpayer was married during the year compared to the number of days they were not married.

Answers

False.

A taxpayer's marital status is determined by their legal marital status as of December 31st of the tax year. Unless the taxpayer is legally married on December 31st, they will not be able to file as married filing jointly or married filing separately.

This determination is the same regardless of how many days the taxpayer was or was not married during the year. This is because the Internal Revenue Service (IRS) does not recognize common law marriages or legal separations for federal income tax filing purposes.

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does the air in a room at room temperature and pressure behave ideally

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Gas particles have sufficient kinetic energy at room temperature to overcome intermolecular interactions and behave as ideal gases.   (21.1 kPa). As a result, it is argued that atmospheric gases act like an ideal gas. 760 mm of Mercury make up one atmosphere.

In the range of 159 and 160 mm Hg, atmospheric oxygen has a partial pressure. At low enough pressures, all gases behave in a manner that is similar to that of an ideal gas; at STP, noble gases like argon are extremely near to being ideal, and even air can be approximatively considered to be perfect.

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In preparing a company's statement of cash flows using the indirect method, the following information is available:
Net income $59,000
Accounts payable decreased by $25,000
Accounts receivable increased by $32,000
Inventories increased by $12,000
Cash dividends paid $15,400
Depreciation expense $27,000
Net cash provided by operating activities was:
a. $51,000
b. $75,600
c. $141,000
d. $37,000
e. $17,000

Answers

The net cash provided by operating activities is $75,600. Thus, the correct answer is B.


To prepare the cash flow statement, there are two approaches, the direct and indirect method. Indirect method starts with the net income and then makes all the adjustments to that figure to arrive at the final cash flows provided by operating activities.

We know that:

Net income = $59,000Add: Depreciation expense = $27,000Subtract: Decrease in accounts payable = $25,000Add: Increase in accounts receivable = $32,000Add: Increase in inventories = $12,000

Thus, net cash provided by operating activities

= $59,000 + $27,000 - $25,000 + $32,000 + $12,000= $105,000

Subtract: Cash dividends paid = $15,400. So the final answer is:

= $105,000 - $15,400 = $75,600.

Net income is the starting point for calculating cash flows from operating activities in the indirect method. Therefore, the correct option among the given options is b. $75,600.

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Suppose that last year the equilibrium price and quantity of good X were $10 and 5 million pounds, respectively. Because strong demand this year, the equilibrium price and quantity of good X are $12 and 7 million pounds, respectively. Assuming that the supply curve of good X is linear, producer surplus: increased from $12.5 million to $24.5 million. increased from $4.2 million to $5.6 million. increased from $25 million to $42 million. increased from $3 million to $7 million.

Answers

Assuming that the supply curve of good X is linear, the producer surplus increased from $12.5 million to $24.5 million. The answer is that the producer surplus increased from $12.5 million to $24.5 million

The difference between the total revenue of the producers and their total variable costs is known as producer surplus.

It is the revenue that producers earn above the minimum amount necessary to continue producing goods and services at a given market price.

PS = Total revenue – Total variable costs

PS1 = Total revenue1 - Total variable costs1

PS2 = Total revenue2 - Total variable costs2

In this case, the price has increased from $10 to $12, which is why it is essential to determine the increase in quantity supplied and the slope of the supply curve for calculating the change in the producer surplus.

The change in the quantity supplied is 7 - 5 = 2 million pounds.

The slope of the linear supply curve:

Slope = (P2 - P1) / (Q2 - Q1)= ($12 - $10) / (7 million pounds - 5 million pounds)= $2 / 2 million pounds= $1 / 1 million pounds

Thus, the supply curve equation will be:

[tex]P = $10 + $1 * Q\\[/tex]

The producer surplus formula will be:

PS = Total revenue - Total variable costs

PS1 = $12.5 million

PS2 = Total revenue2 - Total variable costs2

Total revenue2 = P2 * Q2 = $12 * 7 million pounds = $84 million

Total variable costs2 = Total variable costs1 + additional variable costs

$12.5 million + $2 * 2 million pounds= $16.5 million

Thus, the producer surplus after the increase in demand will be:

PS2 = $84 million - $16.5 million= $67.5 million

Therefore, the producer surplus increased from $12.5 million to $24.5 million.

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