The cumulative depreciation of an asset up to a single point in its life is known as accumulated depreciation.As a counter asset account, accumulated depreciation's natural balance is a credit that lowers the asset's total value.
According to generally accepted accounting principles (GAAP), the matching principle requires that expenses be allocated to the same accounting period during which the relevant revenue is realized.
A business will deduct a portion of an asset's value through depreciation over the course of each year of its useful life.This means that the expense related to using up the asset is reported every year it is put to use and generates income.
The total amount of depreciation applied to an asset up to a particular point is known as accumulated depreciation.The beginning cumulative depreciation balance is increased with each period's depreciation expense.
In the balance sheet, an asset's carrying value is determined by subtracting its accumulated depreciation from its historical cost.An asset's carrying value on the balance sheet will correspond to its salvage value at the end of its useful life.
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computer wholesalers restores and resells notebook computers. it originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. based on previous experience, computer wholesalers expects warranty costs to be approximately 4% of sales. sales for the month of december are $550,000. actual warranty expenditures in january of the following year were $20,500. required: 1. does this situation represent a contingent liability? 2.
Yes, warranty expense is a contingent liability for the computer wholesalers
Contingent Liability refers to an account being used to anticipate any future cash spending of a firm for a certain expense, the amount of which is easily determinable. Some transactions that fall under this category are Losses from lawsuits, Warranty Repairs, etc.
Yes, a Warranty Expense and Liability account is generally recognized immediately following a sales transaction.
Warranty Expense A/C.......Dr.$22,000
Warranty Liability A/C.....Cr $22,000
To record a contingent liability on warranty repairs
($550,000 x 4%)
Warrant Liability, beginning $22,000
less: Actual Expenditures in January (20,500)
Warranty Liability, ending $1,500
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a corporate bond currently yields 8.5 percent. municipal bonds with the same risk, maturity, and liquidity currently yield 5.5 percent. at what tax rate would investors be indifferent between the two bonds?
35.29% would be the tax rate where investors would be indifferent between the two bonds.
What are corporate bonds and municipal bonds?Bonds appeal to many investors because they provide a chance to create a consistent income stream without carrying the same level of risk that has come to define the stock market. But not all bonds are the same, so if you're seeking to add some to your portfolio, you might want to take both corporate and municipal bonds into consideration. A municipal bond is a financial instrument issued by a city, municipality, or state to raise money for public projects, as opposed to a corporate bond, which is a debt instrument issued by a firm to raise cash. Although there are some tax exemptions for municipal bond interest, corporate bond interest is always subject to tax. However, corporate bonds often provide larger rates in return.
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The tax rate would investors be indifferent between the two bonds is 35.29%.
What are corporate bonds and municipal bonds?Bonds appeal to many investors because they provide a chance to create a consistent income stream without carrying the same level of risk that has come to define the stock market. But not all bonds are the same, so if you're seeking to add some to your portfolio, you might want to take both corporate and municipal bonds into consideration. A municipal bond is a financial instrument issued by a city, municipality, or state to raise money for public projects, as opposed to a corporate bond, which is a debt instrument issued by a firm to raise cash. Although there are some tax exemptions for municipal bond interest, corporate bond interest is always subject to tax. However, corporate bonds often provide larger rates in return.
5.5% = 8.5% * ( 1 - x)
5.5% = 8.5% - 0.085x
0.085x = 8.5% - 5.5%
0.085x = 3%
x = 35.29%
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cribb corporation uses direct labor-hours in its predetermined overhead rate. at the beginning of the year, the estimated direct labor-hours were 42000 hours and the total estimated manufacturing overhead was $210000. at the end of the year, actual direct labor-hours for the year were 42800 hours and the actual manufacturing overhead for the year was $226800. how much overhead does cribb apply to jobs during the year? round all interim computations to the nearest penny and your final answer to the nearest dollar. just put in the numeric value with no punctuation other than a comma.
Overhead applied to jobs by Cribb corporation is $12800 with estimated direct labor-hours as 42000 hours and estimated manufacturing overhead as $210000.
Give a brief account on absorption costing.To keep track of all costs associated with creating a certain product, "absorption costing," also known as "full costing," is a managerial accounting technique. This plan includes for all costs, direct and indirect, including rent, insurance, direct materials, and direct labor.
The cost base for absorption costing includes everything that is a direct cost of producing a good. Under absorption costing, fixed overhead costs are also included in the product costs. A few expenses associated to product manufacturing include wages paid to employees who physically make a product, raw materials needed for production, and all overhead costs (such as all power bills spent during production).
To solve the question :
Given,
Estimated direct labor-hours = 42000 hours
Estimated manufacturing overhead = $210000.
Actual Hours Worked = 42800 hours
Actual Overhead = $226800
Budgeted Manufacturing Overhead rate
= total estimated manufacturing overhead / estimated direct labor-hours
= $210000 / 42000 hours
= $ 5 per hr
Actual Hours Worked = 42800 hours
Applied Overhead = Actual Hours Worked / Budgeted Manufacturing Overhead rate
= 42800 hours x $ 5 = $214000
Actual Overhead = $226800
Overhead = Actual overhead - Applied Overhead
= $226800 - $214000
= $12800
Hence, Overhead applied to jobs by Cribb corporation is $12800.
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jodi owns a downtown office building. jodi originally purchased the building for $900,000 and took straight-line depreciation deductions of $400,000. what are the tax consequences if jodi sells the building for $2,100,000?
Price of the building = $900,0000
Depreciation charged = $400,000
Capital value on the date of sale = $500,000
Selling price = $2,100,000
Total profit =$1,600,000
This profit i.e., profit from the sale of commercial property is termed as Capital Gains and hence is attracts Capital Gains Tax at a flat rate of 20% irrespective of quantum, which in this case will be $1,600,000*20% = $320,000.
Immovable property such as land, building, apartment, individual house, etc. is termed as Capital asset for the purpose of income tax computation. Thus, the amount received from sale of property is treated as Capital Gains.
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retailer's have information about a customer that includes what she has purchased, the colors, sizes, and styles, and how she has responded to recent promotions. this information is collectively called:
It serves as the basis for the subsequent CRM activities.
What are the exercises of CRM?A technology for managing all of your company's interactions with customers and potential customers is customer relationship management (CRM).The objective is clear: Enhance business connections. A CRM system aids businesses in enhancing profitability, streamlining procedures, and maintaining customer contact.
What serves as the basis for every CRM activity?Therefore, the so-called relationship model serves as the foundation for an effective CRM system. This necessitates having access to all pertinent information regarding your private or business clientele.
How does CRM work?The CRM process is a five-step strategy for keeping each customer interaction personalized and meaningful. The data and features your team requires to carry out this strategy and ultimately convert leads into customers are provided by a CRM system.
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if a buyer mistakenly believes that a competitor's offering has higher level attributes or qualities than it actually does, the salesperson should attempt to:
If a buyer mistakenly believes that a competitor's offering has higher-level attributes the salesperson should attempt to alter the buyer's beliefs about the competitor's offering by providing accurate information.
A salesperson or saleswoman is a person whose responsibility it is to sell goods or services within a specific territory, in a physical location, or over the phone.
salesperson represent their businesses by doing the following: adding value for their clients' clients. Relationship management. relaying market and customer data back to their organizations.
The cost base of your product lines must be managed by you as the buyer in order to maintain the business's target margins. To create new ranges, you spend a lot of time communicating with suppliers. analytical customers Logic and knowledge serve as these consumers' driving forces.
Pleasant buyers. Stability and cooperation are what drive this group of consumers.
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on june 1, parson association sold equipment to arleo and agreed to accept a 3-month, $50,000, 10% interest-bearing note in payment at a time when the prevailing rate of interest for similar transactions was 10%. when the note was collected upon maturity, parson would recognize interest revenue of:
Interest Revenue will be $1250 when the note was collected upon maturity.
what is Interest Revenue?
The income that an organisation receives from whatever investments it makes or on the debt it holds is known as interest revenue. A business must record interest income under the accrual basis of accounting even if it has not yet received payment in cash for the interest as long as it has earned the interest; this is done through an accrual journal entry. Interest revenue is only recorded on the cash basis of accounting when the firm receives a cash payment for interest.
According to the question
As market interest rate and note interest rate are the same
Interest Revenue=(50,000 x 10%) x (3/12)
=$1250
Thus the interest revenue is $1250
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selling on consignment to retailers, which means they retain the title to the products displayed and bill retailers only for the merchandise sold, is characteristic of which limited-service wholesaler?
Which limited-service wholesaler is characterized by selling on consignment to retailers, whereby they retain ownership of the products exhibited and only charge merchants for the goods sold?
What do you call goods?When a potential customer enters your store, merchandise refers to everything you do to advertise and sell your products. When we discuss merchandise, we are usually referring to goods that may be purchased, usually in a retail setting.
What qualifies as a hallmark of merchant wholesalers?Wholesalers exhibit the traits listed below: Wholesalers purchase goods straight from suppliers or manufacturers. They purchase goods in bulk and distribute them in smaller amounts. They offer different variations of a specific line or product.
They are provided with an alluring price and other advantages that collectively constitute marketing. Planning, purchasing, sorting, promoting, placing, setting, and replenishing the goods are all included in the definition of merchandise. Purchased goods must be sold in order to refill the supply and avoid financial burden.
example of a product:
Any item you can sell or buy is referred to as merchandise. The term "merchandise" refers to any good that is offered for sale; some examples are groceries at a supermarket, clothing in a retail setting, electronics online, and raw materials in a manufacturing facility.
General-merchandise (full-line) (full-line) The products that wholesalers carry cover almost all of the needs of the clients they serve. B. Limited-line specialty-merchandise wholesalers focus on a small number of products and offer a wide variety of these products.
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in 2000, microsoft had almost total market share. a significant market entry barrier for new competition was .
The Justice Department's cost that Microsoft is a monopolist rests normally on the fact that some version of the Windows running gadget is currently used
on some 80 percent of all personal computer systems in the world and that Microsoft has required pc producers to deploy Internet Explorer
Why is Microsoft accused of acting a monopoly in the pc running structures market?The Legal Case
Microsoft used to be formally charged with constituting a market monopoly via making it tough for customers to installation competing software program and simultaneously making it tough to uninstall the company's browser, Internet Explorer.
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https://brainly.com/question/29057414#SPJ4james advertises in the newspaper to sell his used car for $6,000. eric test drove the car and then offered james $5,400 for the car. in this case:
If James advertises in the newspaper to sell his used car for $6,000. eric test drove the car and then offered james $5,400 for the car. in this case: James will be at loss.
What is advertisement?Advertisement can be defined as the way of creating awareness about a product so as to attract potential buyers which inturn can help to increase sales.
Based on the scenario James will be at loss of the amount of $600 ($6,000 - $5,400) if he accept what eric offers after driving the car. Since James has already advertised the car for $6,000. On the other hand James may wish not to accept the offer and may only accept the offers if eric offer to pay $6,000.
Therefore james will be at loss if he accept the offer.
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the market capitalization rate for admiral motors company is 8%. its expected roe is 10% and it expected eps is $5. if the firm's plowback ratio is 60%, what will be its p/e ratio?
The P/E ratio is 20 at 8% of market capitalization rate, 10% of expected roe, $5 eps and 60% plowback ratio.
The market capitalization rate 8% = 8/100
= 0.08
The expected is roe 10% = 10/100
= 0.1
The expected eps is $5
The Plowback ratio is 60% = 60/100
= 0.6
The growth rate is calculated as:
= Plowback ratio × ROE
= 0.6 × 0.1
= 0.06×100
= 6%
The P/E ratio is calculated as,
=1- Plowback ratio/ market capitalization rate - growth rate
= 1-0.6/0.08-0.06
= 0.4/0.02
= 20
Hence the P/E ratio is 20
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insurance that covers valuable items, such as an expensive harp, is called a. buildings and other structures coverage b. homeowners insurance c. personal property floater d. household inventory insurance e. personal property insurance
The correct answer is C) personal property floater.
Insurance that covers valuable items, such as an expensive harp, is called personal property floater.
The majority of home insurance policies provide protection from fire, theft, and other dangers for your house, other structures, and personal property. Insurance also provides supplemental coverage for minor property damage calamities, personal responsibility, additional living expenditures, and medical payments.
A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses. In the event that something awful occurs to you, the insurance provider pays you or a different person of your choosing. If an accident occurs and you don't have insurance, you can be responsible for paying all costs.
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ou have $20,000 to invest. you want to purchase shares of xerox at $17.34, qwest at $8.15, and liz claiborne at $44.73. how many shares of each company should you purchase so that your portfolio consists of 25 percent xerox, 40 percent qwest, and 35 percent liz claiborne?
0.673= Liz Claiborne.
Total Investment=$20000
Xerox 25 percent=20000*25% =5000
Qwest 40 percent=20000*40% =8000
Liz Claiborne 35 percent=20000*35% = 7000
Total portfolio is 5000×$17.34 + 8000×$8.15 + 7000×$44.73 = 86700+65200+313110=$465010
Xerox weight = 5000×$17.34 / $465010 = 0.186
Qwest weight = 8000×$8.15 / $465010 = 0.1402
Liz Claiborne weight = 7000×$44.73 / $465010 = 0.673
By means of funding, economists suggest the production of goods with the purpose to be used to supply other goods. This definition differs from famous usage, wherein choices to purchase stocks (see stock market) or bonds are concepts of as investments. funding is typically the end result of forgoing consumption.
Investments are usually bucketed into 3 foremost categories: stocks, bonds, and cash equivalents. there are many special sorts of investments within every bucket. right here are six forms of investments you might don't forget for a lengthy-term increase, and what you need to recognize about each.
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consider this) suppose voters pass laws that restrict immigration, which results in lower national output and higher prices for consumer goods. this would be an example of
If we were to consider this: voters pass laws that restrict immigration, which results in decreased national output and increased prices for consumer goods. This would be an example of paradox of voting.
The voting paradox, also known as the Downs paradox, states that for a self-interested, rational voter, the expenses of voting typically outweigh the anticipated benefits.
The predicted advantages of voting are smaller than the costs since the possibility of casting the decisive vote is negligible in comparison to any credible calculation of the private citizen advantages of the several conceivable outcomes.
Reactions to the paradox have consisted of the ideas that voters express their preferences for candidates rather than influencing the election's outcome, that voters show some altruism, or that the paradox overlooks voting's additional benefits besides the outcome of the election.
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if an agreement is drafted that indicates that the promises made by the parties are not to be performed until a specified event takes place, that event is called:
The actions, conduct, or circumstances of the parties concerned result in an implied contract.
What Is an Implied Contract?A legally-binding obligation that results from the actions, behavior, or circumstances of one or more parties to an agreement is known as an implied contract. A verbal or written contract is enforceable in court just like an implicit contract. It has the same legal effect as an express contract, which is a voluntary agreement reached between two or more parties and expressed verbally or in writing. Contrarily, the implied contract is presumed to exist and requires neither a written nor an oral confirmation.There is no need to confirm the existence of the implicit contract, such as an implied warranty.To Learn more About implied contract refer to :
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holly is a member of the human resource department at invert corp. setting a goal to enhance the firm's strategy, holly works to attain it by understanding the current human resources. through a series of surveys, interviews, and observations, she learns what talents the various departments of invert corp. are currently in need of, and attracts new human resources according to those requirements. what kind of hrm responsibility does this example illustrate?
Holly is a member of the human resource department at invert corp. setting a goal to enhance the firm's strategy, HRM's responsibility to serve as a strategic partner.
A general plan to accomplish one or more long-term or overall goals in the face of uncertainty is known as a strategy. A strategy aims to direct the overall organization's course. It has an impact on the organization's long-term wellbeing. A strategy typically has a long time horizon, measured in years as opposed to months or weeks. Typical strategic plans may include objectives that must be met five years from now or later. The group of people who work for a company, industry, or economy collectively constitute its human resources. The knowledge and skills that people possess are referred to as human capital, which is a more specific concept. Similar terms include labor, personnel, associates, and people themselves.
The five main tasks that Human Resources oversees
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the occupational safety and health act gives workers the right to a job: group of answer choices with equal wages for similar kinds of work. with wages that enable an employee to enjoy a decent standard of living. that is free from recognized hazards that are likely to cause death or serious injury. that does not require them to lift, bend, or move items at any time on the job.
The occupational safety and health act(OSHA) gives workers the right to a job "that is free from recognized hazards that are likely to cause death or serious injury".
The main goal of the OHSA is to establish the legal framework necessary for us to carry out our mission of providing a healthy and safe workplace by stipulating rights and obligations for all individuals involved in the workforce.
This will help to build a solid internal accountability system on the job. By setting and enforcing rules, providing training, communication, information, and support, it seeks to promote safe and healthy working environments for both men and women.
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jack, jerry, and joe purchased a property together. jack put up half of the money; joe and jerry each put up one-quarter of the money. their ownership is 50%, 25%, and 25%. what type of ownership is this?
Jack, Jerry, and Joe purchased a property together in the type of ownership known as tenancy in common.
Define tenancy in common.Equal or unequal undivided ownership between two or more people is referred to as tenancy in common. This sort of ownership is distinguished by the fact that if one owner passes away, their share is transferred to their heirs rather than the remaining owners who are still alive.
It is a formal agreement whereby two or more parties share ownership of a piece of real estate, like a house or a plot of land. A TIC's main characteristic is that each partner retains the option to leave their respective shares of the property to their descendants while also being able to sell their respective portions of the property.
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What trade-offs do consumers face when buying a product from a monopolistically competitive firm?.
When purchasing a good from a monopolistically competitive company, consumers must choose between paying more than the marginal cost and having more options that suit their preferences.
Monopolistic competition occurs when numerous companies offer comparable but subpar alternatives to each other's goods or services. The barriers to entry are low in monopolistic competitive industries, and decisions made by one firm do not immediately affect those of its competitors.
The characteristics of a monopolistic market are as follows:
Profits are maximized with only one source and blocked access and exit.
exclusive exclusion from product pricing
Monopolies offer the advantage of ensuring a constant supply of a product that is too expensive to be sold in a market with competition. A few negatives of monopolies include price-fixing, inferior products, a lack of incentive for innovation, and cost-push inflation.
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a check issued for $540 to pay a vendor on account was recorded in the firm's records as $450; the canceled check was properly listed on the bank statement at $540. to arrive at an accurate balance on a bank reconciliation statement, the error should be: multiple choice added to the bank statement balance. deducted from the bank statement balance. deducted from the book balance. added to the book balance.
Added to the bank statement balance is the correct answer. Comparing information from cash books and related information from bank statements is known as bank reconciliation.
What is Bank reconciliation mean?A bank reconciliation is the process used in bookkeeping to compare the balance of a bank account as recorded in the books of an entity to the balance reported by the financial institution in the most recent bank statement. Any difference between the two figures must be looked into and, if necessary, corrected.
Comparing information from cash books and related information from bank statements is known as bank reconciliation. It is an important procedure that guarantees the accuracy of the CFO's accounting records.
A bank reconciliation is the process of comparing the balances of cash accounts as recorded in an entity's accounting records to the relevant data on a bank statement.
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happy go lucky electric company is the only company providing electric power to the city of go lucky. the accompanying graph depicts their marginal costs (mc), average total costs (atc), demand (d), and marginal revenue (mr). a. move point e to the firm's profit maximizing price and quantity. b. at the profit maximizing point, what is happy go lucky's level of profit?
Move point E to the firm's profit maximizing price and quanity. Happy Go Lucky's profit is$30
How do you calculate profit maximizing price and quantity in monopoly?The quantity of goods produced at which marginal revenue equals marginal cost, or when MR = MC, is the decision that will maximize profits for the monopoly.If the monopoly produces less, MR > MC at given output levels, and the enterprise can increase profits by increasing output. The level of output that maximizes a monopoly's profit is when the marginal cost equals the marginal revenue.According to this theory, the output whose marginal income equals its marginal cost maximizes profits.The monopolist should boost output if marginal revenue exceeds marginal cost. When marginal revenue and marginal cost are equal, profit is maximized.Profit is maximized at the quantity where marginal revenue at that quantity equals marginal cost at that quantity, as the previous discussion has demonstrated.To learn more about profit maximizing point refer
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according to random walk theory, what are the (approximate) odds that a stock will increase in price today after having increased on two consecutive days of trading?
According to random walk theory, the (approximate) odds of a stock increasing in price today after increasing on two consecutive days of trading are 50%.
A random walk is a random process in mathematics that specifies a path consisting of a series of random steps on a mathematical space. The random walk on the integer number line mathbb, which starts at 0 and travels +1 or 1 with equal chance at each step, is an elementary example of a random walk. Other examples include a molecule's route through a liquid or gas, a foraging animal's search path, the price of a fluctuating stock, and a gambler's financial condition.
Random walks have applications in engineering and numerous scientific domains, including ecology, psychology, computer science, biology, economics, and sociology. Karl Pearson coined the term "random stroll."
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a machine had an estimated useful life of 5 years, but after 3 years, it was decided that the original estimate of useful life should have been 10 years. at that point, the remaining cost to be depreciated should be allocated over the remaining:
The answer is that the remaining cost to be depreciated should be allocated over the remaining of 7 years of useful life.
What is years of useful life?
It is an estimation of the average number of years an asset is considered useable before its value is fully depreciated. The IRS (Internal Revenue Service) employs useful life estimates to determine the amount of time during which an asset can depreciated. There are also many factors that will affect the useful life such as usage patterns, the age of asset at the time of purchase, and technological advances.
Now, let's calculate the years of useful life of the machine that given from the question.
Original life of the machine = 5 years
Revised useful life of the machine = 10 years
Life expired till the time of revision = 3 years
Remaining useful life as per estimates
= Revised useful life of the machine - original life of the machine
= 10 - 3
= 7 years
Therefore, the remaining cost to be depreciated should be allocated over the remaining 7 years of useful life.
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what is the difference between free slack and total slack? why is slack important to a project manager?
The amount of time that a task can be put off without affecting the one that follows after it is known as free slack. Total slack is the amount of time that work can be postponed without affecting the project's delivery.
A project manager can create a realistic project timeline including slack time. When teams have idle time, they are less likely to miss deadlines. When spare time is included in project timelines, projects tend to be of higher quality and stay under budget.
It's difficult to see the relative importance of tasks without a strong concept of slack. This can cause project activities to diverge and have a detrimental impact on other operations. When there is no spare time, delays or increased resource requirements frequently occur.
In addition to the costs of additional staff or equipment, delays can increase costs by adding interest on loans or necessitating expedited shipping. This can have an impact on the overall success of the project and determine whether it meets its objectives.
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within the department of management at rolling hills state university, there are three jobs: department chairperson, administrative assistant, and professor. there is 1 department chairperson, 1 administrative assistant, and 10 professors. how many positions are there? (note: the question is asking about positions, not jobs).
According to the concept of management, an individual or a group must be questioned and managed in order to attain desired goals and objectives. Management also includes the ability to organize, oversee, and mentor others.
What is the department of management ?Management is the method of organising a company's actions and resources to achieve certain objectives as effectively and efficiently as feasible. Efficiency in management refers to the capacity to carry out duties efficiently and successfully.
Giving a specific definition of the term "management" is exceedingly challenging. Management is viewed and interpreted from several perspectives by academics from other fields. Management is viewed by economics as a resource, just like land, labour, capital, and organisation. The bureaucrats view it as a system of authority to accomplish corporate objectives. Managers are seen by sociologists as members of the social class elite.
Author Stephen Covey discusses the Seven Habits paradigm of management and leadership for both personal and professional development. The College of Business Management and Accountancy's (CBAA) Business Management Department (BMD) provides thorough instruction in operations management & human resource development.
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taxes cause deadweight losses because taxes a. reduce the sum of producer and consumer surpluses by more than the amount of tax revenue. b. prevent buyers and sellers from realizing some of the gains from trade. c. cause marginal buyers and marginal sellers to leave the market, causing the quantity sold to fall. d. all of the above are correct.
Taxes cause deadweight losses because taxes prevent buyers and sellers from realizing some of the gains from trade.
The outcome is the same whether the taxes on a good apply to the consumers or sellers of that good. When purchasers pay the tax, the demand curve shifts downward by the same percentage as the tax; when sellers pay the tax, the supply curve shifts upward by the same percentage as the tax. When a tax is implemented, the price that purchasers pay rises and the price that sellers receive falls in both situations. How the taxes burden is split between producers and consumers is ultimately determined by the elasticities of supply and demand. No matter who pays the tax, the distribution is the same.
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The per-unit standards for direct labor are 1. 5 direct labor hours at $15 per hour. If in producing 2500 units, the actual direct labor cost was $48825 for 3150 direct labor hours worked, the total direct labor variance is $4275 unfavorable
Hours of direct labor worked result in a $4275 unfavorable direct labor variance.
How does labor variance work?A labor variance is defined as. When a labor activity's actual cost deviates (for the better or worse) from what was anticipated, this is known as a labor variation. Usually, the expected sum is a predetermined or budgeted sum.
Briefing :
Calculation to determine what the total direct labor variance is
Using this formula
Total Direct Labor Variance=(Standard Direct Labor Cost - Actual Direct Labor Cost
Let plug in the formula
Total Direct Labor Variance=[(2500 × 1.5) × $15]- $53100
Total Direct Labor Variance=$ 48825 - $53100
Total Direct Labor Variance = $4275 unfavorable
Therefore the total direct labor variance is$ $4275 unfavorable .
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which statement is true of an association rule? a. it is ultimately judged on how actionable it is and how well it explains the relationship between item sets. b. it uses analytic models to describe the relationship between metrics that drive business performance. c. it is a data reduction technique that reduces large information into smaller homogeneous groups. d. it seeks to classify a categorical outcome into two or more categories.
In descriptive analytics, historical data is stored, aggregated, and visualised in a form that can aid in understanding the present and prior states of the company. The answer is It uses analytic models to describe the relationship between metrics that drive business performance.
Working with a storage system where all the pertinent company data is gathered is the foundation of descriptive analytics. Depending on the volume and complexity of the data to be processed, this system may use classic SQL systems, distributed files and derivatives in the Hadoop style, or NoSQL databases. On this storage layer, technologies are deployed that enable the processing of this data both in batch and online modes, enabling the aggregations and queries required for the analysis.Predictive analytics refers to a technique for data analysis that focuses on predicting future outcomes based on historical information and data. Machine learning and statistical modelling are examples of analytics techniques that fall under this category.For accurate information and future predictions, the methodology is crucial.Thus, the method can link the present with the future, which is useful for future research.
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a trader sold a cash-secured put that is in the money a few days from expiration. if the trader does not want to be assigned the stock, what can he do? select all that apply.
If the trader does not want to be assigned the stock Buy back the call contract and Roll the call to an out of the money strike.
The shares into which ownership of a corporation or company is split constitute stock in the financial world. A single share of stock represents a portion of the corporation's ownership in relation to the total number of shares. The ownership certificates of any corporation are referred to as "stocks" in general. A shareholder is someone who owns stock in a specific corporation. Stocks come in two common and favored varieties. Stocks signify ownership in a publicly traded business. You acquire a share of ownership in a firm when you purchase its stock. As an illustration, if a company has 100,000 shares and you purchase 1,000 of them, you will own 1% of the business. Investors purchase shares at a predetermined price that is determined by the state of the market.
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7.4. suggest, giving reasons, appropriate forms of authentication for the following products: a. an e-learning product for teachers and students, funded by advertising, that allows users to recommend videos and other learning material on a range of topics. b. a personal finance app for mobile devices that can automatically transfer funds between different accounts based on rules set up by the user. c. a human resources product for businesses that helps manage the process of recruiting new staff.
Appropriate forms of authentication for the following products are "an e-learning product for teachers and students, funded by advertising, that allows users to recommend videos and other learning material on a range of topics which is access control for e-learning".
The Access control is a fundamental component of data security that dictates who's allowed to access it and use information and resources of company like e-learning, An e-learning access control is a structured method of training or teaching using electronic technology, rather than by knowledge passed on person to person.
The access control is important because it limit access to information and information processing systems.
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