Answer:
Auditing
Explanation:
Auditing means the audits of the financial statement or the objective examination and the financial statement of the company could be evaluated. It is performed by the third party i.e. auditor. It can be performed by the internal parties and government entity like the internal revenue service
So the review and evaluation of the financial records is called as the auditing
The top management of Clear Chemical Inc. creates a strategic plan to enter new product markets within a period of five years. The company's middle management creates six-month plans to ensure that the objectives of the strategic plan are properly implemented. Along with these plans, each department creates short-term plans that specify the actions to be taken by specific employees and teams to meet the objectives of the strategic plan and the six-month plans. These short-term plans established at the departmental level are referred to as
Answer: Operational plans
Explanation:
Operational plans are those created by the lower level management in order to enable them to reach the goals established by the middle level management above them.
This is the way a business works. The top level management comes up with strategic plans that are to lead the company forward. The middle level management comes up with tactical plans to meet those strategic plans and the lower level management comes up with operational plans to meet those tactical plans.
Martinez owns an asset that cost $87,000 with accumulated depreciation of $40,000. The company sells the equipment for cash of $42,000. At the time of sale, the company should record:
Answer:
A loss on sale of $5,000
Explanation:
Calculation to determine what the company should record at the time of sales
First step is to calculate the Book value as on date of sale using this formula
Book value as on date of sale=Cost-Accumulated depreciation
Let plug in the formula
Book value as on date of sale=87,000-40,000
Book value as on date of sale=$47,000
Based on the above calculation the sale proceeds is lower than the book value as on date of sale which indicate a loss
Hence:
Loss =($47,000-$42,000)
Loss=$5000
Therefore At the time of sale, the company should record: A loss on sale of $5,000.
Discuss whether a commercial bank should specialize or diversify in terms of the services it provides.
Answer:
The authors find that sector specialization has an overall positive effect on banks' performance. In contrast, Bebczuk and Galindo (2007) find for Argentina that banks with a diversified credit portfolio have fewer non-performing loans.
A concentrated portfolio with a high risk level results from concentrating on portfolio growth without adding additional asset classes.
What is a portfolio?A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs).
Most people think that a portfolio's core consists of equities, bonds, and cash. Although this is frequently the case, it need not be the exception. Various types of assets, such as private investments, real estate, and fine art, may be included in a portfolio.
The wisdom of diversification, which essentially means not putting all of your eggs in one basket, is one of the fundamental ideas in portfolio management.
By distributing investments among different financial instruments, industries, and other categories, diversification aims to lower risk. By making investments in many sectors that would all respond differently to the same occurrence, it seeks to optimize returns.
The strategy of a hybrid portfolio diversifies among asset classes. Investing in stocks, bonds, commodities, real estate, and even art are all necessary components of creating a hybrid portfolio.
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In the ____________, households work and receive payment from firms. financial investment market financial capital market labor market savings market
Answer:
labor market
Explanation:
The labor market is the market in which the supply and the demand for the jobs are meet out along with the labors who give the services based on the demand of the employers.
So here the work of the household and as per this they received the payment from the firms so this could be done under the labor market
New technologies such as ________ and ________ led to a new boom era of oil and gas production in Texas beginning in 2008 and continuing through today.
Answer:
drilling; fracking
Explanation:
A company calculated the predetermined overhead based on an estimated overhead of $70,000, and the activity for the cost driver was estimated as 2,500 hours. If Product A utilized 1,350 hours and Product B utilized 1,100 hours, what was the amount of overhead assigned to the products
Answer:
$68,600
Explanation:
Activity Based Overhead Rates = Estimated Overhead / Expected Use of Cost Drivers per Activity (Hours)
Activity Based Overhead Rates = $70,000 / 2,500
Activity Based Overhead Rates = $28
Overhead Assigned = Overhead Rate * Hours Utilized
Product A Overhead Assigned = $28 * 1,350 hours
Product A Overhead Assigned = $37,800
Product B Overhead Assigned = $28 * 1,100 hours
Product B Overhead Assigned = $30,800
Total Overhead Assigned = Product A Overhead Assigned + Product B Overhead Assigned
Total Overhead Assigned = $37,800 + $30,800
Total Overhead Assigned = $68,600
Ted is a favorite among his subordinates, as he gets directly involved in the minute details of their work. He is task-oriented and has clear knowledge on critical operational details of his team. In this context, Ted can be considered a(n) _____ leader.
Answer:
ingratiating.
Explanation:
It is correct to say that Ted can be considered an ingratiating leader, which is a technique used to improve personal relationships through the use of sympathy, assistance, interest and collaboration, so that there is a positive influence on people and consequently greater individual willingness to respond to expectations of that person.
As the question explains, Ted has the sympathy of subordinates and is considered one of the favorite leaders because he gets involved in the work, understands the workers and helps with tasks, so he is a ingratiating leader.
all the occupation are equally important how and why .
It is true that some jobs require more training and experience than others. Also, that some jobs carry more responsibility, pay more, and have greater status.
But that doesn’t mean one job is more important than another.
In an organization, everyone matters and no one should look down upon someone for the work they are doing.
Remember, every job should be valued. And, every person should be treated with dignity and respect.
(16-25) more questions:)
Answer:
16. d?
17. probably b
18. a
19. hmmmmmmmmmm c?
20. b
21. d
22. d
23. c
24. c
25. a
Explanation:
Should all be right? a few im iffy on.... it's been a while
In a(n) ________ organization, the decision-making authority is delegated as far down the chain of command as possible.
Answer:
decentralizated.
Explanation:
It is correct to say that in an organization with a decentralized structure, the decision-making process is delegated as far down the chain of command as possible, that is, the lower hierarchical levels also contribute to the company's decision-making process.
The advantages of a decentralized organization are that this structure allows for greater flexibility in processes, ensures faster decision-making, greater independence and autonomy in business areas, can bring greater innovation and faster solution to organizational challenges.
the demand for professional education is increasing this day. put your argument to support the statement
Explanation:
I hope it helps you... and please marks me as brainliests...In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have _____. Multiple choice question. received significant financial aid to facilitate sports development and participation gained the ability to produce and distribute sport content and commentary turned to traditional content such as newspaper reports gained entry into professional athletic and sports teams
Answer:
gained the ability to produce and distribute sport content and commentary.
Explanation:
In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have gained the ability to produce and distribute sport content and commentary.
Lil Anthony’s and Amelia’s are two restaurants serving Italian cuisine. While Lil Anthony’s focuses on providing quick, affordable pasta dishes for the lunch crowd, Amelia’s focuses on serving home-style dishes in an upscale, romantic setting. Both companies have been able to gain a competitive advantage. This is most likely because the companies have
Answer:
pursued distinct strategic positions
Explanation:
This is most likely because both companies have pursued distinct strategic positions. Meaning that they have both found a specific niche within the restaurant business and decided to fulfill each their own specific niche. This allows them to be part of the same industry while still offerring their customers completely seperate experiences. These unique and very different experiences is what allows both Lil Anthony's and Amelia's business to thrive. If they instead offered their customers the same experience then they would be directly competing against each other and only one would be able to stay in business and they would steal the other's customers.
Nika earns a gross pay of $73,000. Her total employee benefits are 22% of her gross pay and she has no job expenses. If Nika gets an increase in pay of $5,000, what will her total employment compensation be
Answer:
$95,160
Explanation:
The total employment compensation of an individual is the gross pay that they are receiving as well as the value of all of the benefits that they are receiving from employment. Then you would need to discount job expenses. In this scenario, after the increase in pay, Nika's gross pay is now $78,000. If her employee benefits are 22% of the gross pay then they would be
78,000 * 0.22 = 17,160
Now we add the value of her employee benefits to her gross pay in order to calculate her total employment compensation
78,000 + 17,160 = $95,160
Answer:
The Answer is B
Explanation:
Edge 2021
Assume the following for the town of Boone: it has a total population of 40,000 people, of which 1,000 are under 16 years of age or are institutionalized: 5,000 are full-time students who are not employed and are not seeking work; and 30,000 are employed. The rest of the people are out of work but have been actively seeking work within the past four weeks. What is Boone's unemployment rate?
Round your answer to 1 decimal place
__________ percent
Answer:
Unemployment rate = 0.1176 or 11.76%
Explanation:
Given total population = 40000
Blow 16 years = 1000
Full time student = 5000
Employed = 30000
Unemployed people = 40000 - 1000 - 5000 - 30000
Unemployed people = 4000
Unemployment rate = Unemployed people / (employed + unemployed)
Unemployment rate = 4000/ (30000 + 4000)
Unemployment rate = 0.1176 or 11.76%
Top Breakfast Cereal producers - company name, most current market share, signature
products
1. #1
share % Signature products
2. #2
share % Signature products
3. #3
share % Signature products
4. #4
share % Signature products
Answer:
1. Kellogg Company - 30.1% market share - signature products: Froot Loops, Corn Flakes, Apple Jacks.
2. General Mills - 29.85% market share - signature products: Cheerios, Nature Valley, Lucky Charms.
3. Post Holdings - 18.92% market share - Honey Bunches, Fruity Pebbles.
4. Private Label - 7.48% market share - Muesli, Choco-Shells
Ed was working on a custom-made workbench for a customer. The job, TB0414, was begun in November. At the end of November, the job cost sheet for TB0414 showed direct materials of $215, direct labor of 14 hours at $18 per hour, and overhead of 50% of direct labor cost. During December, Ed’s time ticket showed 15 hours on Job TB0414, 25 hours on Job TB0614, 10 hours of maintenance on the lathe, and 40 hours on a new job, DR1014. What is the total amount of overhead applied to TBO414?
Answer:
Allocated MOH= $261
Explanation:
Giving the following information:
Predetermined overhead rate= 50% of direct labor cost
To allocate overhead to Job TB0414, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
First, we need to determine the total labor cost:
TB0414:
Direct labor hours= 14 + 15 = 29
Total direct labor cost= 29*18= $522
Now, the allocated overhead:
Allocated MOH= 522*0.5
Allocated MOH= $261
Asiago National Bank has assets of $900,000 and liabilities of $300,000. Asiago National Bank's net worth is $300,000. $600,000. $900,000. $1,200,000.
Answer:
Net worth = $600000
Explanation:
Below is the calculation:
Given the Assets = $900000
Liabilities of the bank = $300000
The net worth can be calculated by subtracting the liability from the assets.
Net worth = Assets - Liabilities
Net worth = 900000 - 300000
Net worth = $600000
Lance has a contract with Smith to resurface a driveway at the Smith residence. Lance by mistake stops at the Jones residence and resurfaces Jones' driveway. Jones lives next door to Smith and knows that Lance is at the wrong residence. Jones, however, says nothing and watches while Lance resurfaces his driveway. Is Jones under any contractual obligation to pay Lance for resurfacing his driveway? Explain your answer.
Answer: Yes
Explanation:
Ignoring a situation you have an idea of to play out in another way has implications. Under Quasi-k, the court will implicate a contractual obligation on Mr Jones for staying idle and giving permission to Mr Lance to carry out the activity.
In analyzing the differences among Theories X, Y, and Z managers, it is appropriate to determine that Multiple Choice Theory Z managers believe that employees prefer to be directed. Theory Z managers understand that workers prefer to work by themselves, and will do their best work individually rather than with a team. Theory Z managers believe that getting employees more involved in work-related decisions will generally increase productivity. Theory Z managers believe that decision making is not part of an employee's responsibilities.
Answer:
Theory Z managers believe that getting employees more involved in work-related decisions will generally increase productivity.
Explanation:
In simple words, Theory Z can be understood as the management strategy that combines American as well as Japanese managerial concepts and is characterized by tight job stability, consensus policy making, delayed assessment and advancement processes, and personal responsibility inside a group setting, among other things.
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to
Answer: uncertainty about the ability of the issuer to make timely payments of interest and principal
Explanation:
AAA refers to the highest possible rating which can be assigned to the bond of an issuer by the main credit rating agencies. It should be noted that AAA bonds possesses a high degree of creditworthiness.
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to uncertainty about the ability of the issuer to make timely payments of interest and principal.
Having term limits on Boards of Directors for companies forces firms to rotate leadership to get new ideas. It also creates this unintended consequence:
The available options are the following:
-Board members serve on multiple boards
-People with knowledge of the firm's history are replaced with those who may not know as much information
-Less frequent board meetings
-Better decisions about important issues
Answer:
-People with knowledge of the firm's history are replaced with those who may not know as much information
Explanation:
Considering the available options, the option that appears negative and related to the point being discussed is
"People with knowledge of the firm's history are replaced with those who may not know as much information."
It is straightforward, as changing the board of directors will at some point lead to a time where the new member in the board of directors will just be a competent worker but has no history with the company.
McKittridge Consulting pursues activities such as engaging in disciplined thinking, searching constantly for new knowledge, benchmarking, and sharing ideas throughout the organization via information systems. Which type of organization is McKittridge Consulting
Answer:
Learning organization
Explanation:
A learning organisation is defined as one that is focused on promotion creation, acquiring, and transfer of knowledge for the clients it serves and its members.
It also constantly transforms itself by improving on its processes.
McKittridge Consulting is a learning organisation because it pursues activities such as engaging in disciplined thinking, searching constantly for new knowledge, benchmarking, and sharing ideas throughout the organization via information systems.
An organization that has direct two-way lines of responsibility, authority, and communication running from the top to the bottom of the organization, with all people reporting to only one supervisor is called a(n) ______ structure.
line
Explanation:
An organization that has direct two-way lines of responsibility, authority, and communication running from the top to the bottom of the organization, with all people reporting to only one supervisor is called a(n) line structure.
Line Organizational structure is the simplest organizational structure.
In this structure, the flow of the authority is from top to bottom. In this structure, supportive and specialized services do not exist. The department head has full control over their departments. Its main characteristic is the self-contained department structure.Line officers can take independent decisions due to the unified structure. Effective communication is the main characteristic of this structure and it makes the organization stable.So, Line structure is the correct answer
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Calculate the return on investment for an advertisement from the given data. Net sales is $1,000, and advertising cost is $50.
Answer:
2,000 %
Explanation:
Return on investment for an advertisement = Sales / Advertisement Cost x 100
therefore,
Return on investment for an advertisement = $1,000 / $50 x 100
= 2000 %
Keys, Inc. purchased 100 shares of its own common stock for $10 per share. The stock is now classified as ______ stock, a contra equity account, reported on the statement of stockholder's equity.
Answer:
Treasury Stock
Explanation:
A firm`s purchase of its own stock is known as Treasury Stock. This is a a contra equity account, that is reported on the statement of stockholder's equity.
If a stock were overpriced, it would plot A) above the security market line. B) below the security market line. C) on the security market line. D) on the y-axis.
Answer:
A) above the security market line.
Explanation:
A) above the security market line.
Option "a" is correct because all the correct priced stock will be shown on the security market line while the underprice stock is represented above the security market line and the overpriced stock is shown below the security market line.
A. A plan for mass casualty incidents should include protective actions to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery. B. A partnership approach to planning for mass casualty incidents helps to ensure that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred. C. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization. D. It is important to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization.
Answer: When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization
Explanation:
A Mass Casualty Incident refers to an overwhelming event, which leads to more patients at a time than what the available resources can easily manage such that it requires additional assistance.
A plan for mass casualty incidents should include protective actions that will be used to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery.
A partnership approach to planning for mass casualty incidents is important as it helps in ensuring that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred.
It's also vital to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization.
The false statement is "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization". This isn't true.
is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.
Answer:
is personally responsible for all partnership debts
Explanation:
COMPLETE QUESTION
A general partner:
is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.
EXPLANATION
A general partner can be regarded as a person that joins with another person or join with more than one other person to form a business. A general partner is responsible for the actions that is been taken in the business, He or she is liable personally for all the debts as well as obligations in the business and can bind the business legally. It should be noted that A general partner is personally responsible for all partnership debts.
An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 units. Each unit of capital costs $10, each unit of raw materials, $4, and each unit of labour, $3.
92) Refer to the above information. The per unit cost of production in this economy is:
A) $1.00.
B) $.10.
C) $.05.
D) $.50.
93) Refer to the above information. If the per unit price of raw materials rises from $4 to $8 and all else remains constant, the per unit cost of production will rise by about:
A) 50 percent.
B) 30 percent.
C) 40 percent.
D) 100 percent.
94) Refer to the above information. As a result of the change indicated in the previous question, the aggregate:
A) supply curve would shift to the right.
B) demand curve would shift to the right.
C) demand curve would shift to the left.
D) supply curve would shift to the left.
Answer:
A) The correct answer is B. The per unit cost of production in this economy is $0.10.
B) The correct answer is B. The per unit cost of production will rise by about 30 percent.
C) The correct answer is B. The demand curve would shift to the right.
Explanation:
Since an economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 units, and each unit of capital costs $ 10, each unit of raw materials, $ 4, and each unit of labor, $ 3, to determine the per unit cost of production in this economy, the per unit cost of production if the per unit price of raw materials rises from $ 4 to $ 8 and all else remains constant, and to determine how the demand or aggregate supply curve will respond, the following calculations must be made:
A) 2 x 10 + 5 x 4 + 8 x 3 = 20 + 20 + 24 = 64
64 / 640 = 0.10
B) 2 x 10 + 5 x 8 + 8 x 3 = 20 + 40 + 24 = 84
64 = 100
84 = X
84 x 100 / 64 = X
8400 / 64 = X
131.25 = X
