Two general leadership strategies have been found by research from the University of Michigan: employee orientation and production orientation.
Your leadership style should be encouraging if you want your team to be more productive and capable of attaining its goals. These behaviours can also assist you in retaining top talent in your field because team members may value the opportunity to work with you. Your capacity to behave as a leader can have a direct impact on your employer's ability to make money and your organization's potential to prosper. Leadership conduct refers to the traits and actions that define a successful leader. Through this behaviour, a person can direct, plan, and control the actions of others in order to accomplish specific goals.
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Match each phrase with its definition. 1. Refers to credit terms where goods in transit are owned by the seller. 2. Refers to credit terms where goods in transit are owned by the buyer. 3. Calculated as net sales minus cost of goods sold. 4. A current asset that includes the cost to buy goods and make them ready for sale. 5. Purchaser's description of a cash discount received from a supplier of goods. 6. A type of business that earns income by buying and selling merchandise. 7. Inventory is updated for purchases and sales of inventory only at the end of a period. 8. Inventory is updated for each purchase and each sale of inventory.
The process of identifying, recording, summarizing, and evaluating commercial transactions can be summed up as accounting.
1. Refers to credit terms where goods in transit are owned by the seller - FOB destination 2. Refers to credit terms where goods in transit are owned by the buyer - FOB shipping point 3. Calculated as net sales minus cost of goods sold - gross profit 4. A current asset that includes the cost to buy goods and make them ready for sale - periodic inventory system 5. Purchaser's description of a cash discount received from a supplier of goods - Purchases discount 6. A type of business that earns income by buying and selling merchandise - Merchandiser 7. Inventory is updated for purchases and sales of inventory only at the end of a period - Merchandise inventory 8. Inventory is updated for each purchase and each sale of inventory - perpetual inventory system.
The process' essential component is maintaining "running totals" of "things." A business might keep track of things like how much cash it has on hand right now, how much it spent on utilities last month, how much it owes, how much money it made last year, and how much it spent on all of its equipment. These running totals should always be current so that you have access to the data whenever you need it. When determining if you have enough money to use your debit card to make a transaction, it's comparable to checking your bank's cash balance.
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(scenario 69-1: perfectly competitive market) if the market wage is $30, how many workers will this perfectly competitive, profit-maximizing firm choose to hire?
(scenario 69-1: perfectly competitive market) if the market wage is $30, 2 workers will this perfectly competitive, profit-maximizing firm choose to hire. This is because of demand curve.
Because the firm in the monopolistically competitive market deals with a downward-sloping demand curve for its product, it differs from a firm in a perfectly competitive market in terms of maximising profits.
The relationship between the price of a good or service and the amount needed over a given time period is represented graphically by the demand curve. In a representation, the product cost is frequently displayed on the left vertical axis, while the quantity required is frequently displayed on the right vertical axis. In the world of finance, a demand curve is a graph that depicts the relationship between the cost of a good and the quantity that is demanded at that cost.
(Scenario: The Decision to Hire Labor) Look at the scenario The Decision to Hire Labor. How many workers will this perfectly competitive, profit-maximizing firm choose to hire if the equilibrium wage is $30?
-three
-one
-four
-two
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assume these are the only three firms in the market. use blue points (circle symbol) to plot the market demand curve for computers. line segments will automatically connect the points.
Use the blue dots to depict the market's demand for pizza in segments (circle symbol). The points are automatically connected by line segments.
Line segments: what are they?
A line segment is any portion or segment of a line that has two ends. A line segment, unlike a line, has a set length. The length of a line segment can be measured in metric units like millimeters, centimeters, or in common units like feet or inches. A line segment is a portion of a line with a start and end point. It has a specific length and is marked with a dash at the top, which is a line segment symbol. To draw a segment of a given length, we can use any of the following methods: Draw a line segment with a ruler. A circle segment can be defined as the area enclosed by a chord and the arc between the lines is limited ends of the string.
In other words, a pie slice is the area of a circle formed by a secant or chord that is detached from the rest of the circle.
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For the fall semester, you had to pay a nonrefundable fee of $600 for your meal plan, which gives you up to 150 meals. If you eat 100 meals, your marginal cost of the 100th meal is
Multiple Choice
$6.00.
$4.00.
$0.25.
$0.
Correct answer is $0.
The non refundable fee, therefore, is an increase payment for the future items and offerings to be provided. Set-up or mobilization charges have to be ignored in the measure of progress for performance responsibilities satisfied over time if they do no longer depict the transfer of offerings to the customer.
What is the difference between refundable and non refundable?If a refundable deposit exceeds the amount of taxes owed, the distinction is paid as a refund. If a non refundable deposit exceeds the amount of taxes owed, the excess is lost.
What is a non-refundable booking fee?With a Non-Refundable Rate, visitors pay the full rate if they cancel, make modifications or do not show up. Adding a Non-Refundable Rate to your property can minimize cancellations and assist you impenetrable guaranteed price for reservations.
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https://brainly.com/question/28527999#SPJ4a consumer wants to add a hard drive to their computer to store video from their camera. which of the following is the storage capacity of a modern hard disk drive (hdd) purchased from a computer store?
The storage capacity of a modern hard disk drive (HDD) purchased from a computer store would be 3 terabytes.
A hard drive, often known as a hard disk drive (HDD), is a type of data storage device found in laptops and desktop computers. An HDD is a "non-volatile" storage drive, which implies it can preserve data even after the device is turned off. Operating systems (OS) instruct hard drives (HDDs) to read and write data as needed by applications. The drive's ability to read and write data is entirely dependent on the drive itself. HDDs began as gigantic, room-filling devices with capacities of around 3.75 megabytes. In comparison, an HDD that fits neatly in a desktop computer may now hold up to 18 terabytes of storage. The purpose of an HDD is to read, write, and store data. They are dependable backup devices as well as standard computer operations. HDD technology has advanced tremendously, cutting costs while increasing total capacity.
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jones corp. reported current assets of $190,000 and current liabilities of $135,500 on its most recent balance sheet. the current assets consisted of $62,600 cash; $43,900 accounts receivable; and $83,500 of inventory. the acid-test (quick) ratio is: group of answer choices 0.56:1. 1.08:1. 0.62:1. 1.4:1. 0.79:1.
A company's "quick assets" (cash and accounts receivable) are compared against its current obligations using the acid-test ratio.
How do you explain acid-test ratio?A company's "quick assets" (cash and accounts receivable) are compared against its current obligations using the acid-test ratio. One of the six fundamental calculations used to assess short-term liquidity—a company's capacity to pay its debts as they become due—is one of the short list of computations.
A company's capacity to settle its present debt is gauged by the quick ratio, also called the acid-test ratio. Any liabilities that are due within a year, such as accounts payable and credit card balances, are considered current debt. A company's short-term financial health is shown by the quick ratio.
The Acid-Test Ratio, also called the quick ratio, is a liquidity ratio that assesses how well a business's short-term assets can pay its current liabilities.
The value of our present assets is $190,000.
Current Liabilities = $135,500
Assumed current assets are made up of $62600 in cash, $43900 in accounts receivable, and $83500 in inventory.
The acid-test quick ratio must be determined.
Rapid Ratio is equivalent to
[tex]$=\frac{\text { total current assets-invebtory- prepaid expenses }}{\text { current liabilities }}$[/tex]
hence, fast ratio is [tex]$=\frac{190000-83500}{135500}=0.785$[/tex]
as a result, the fast ratio 0.785.
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which option identifies why lyle should spend extra money at the grocery store in the following scenario? lyle must eat on a strict budget in order to pay the rest of his bills, so he eats fast food for nearly every meal because of the value. at age twenty, he is sixty-five pounds overweight and is considered obese.
At some point, he might incur significant medical expenses.
Which diet is best for an overweight person?Select whole foods with less processing, such as plant oils, whole grains, fruits, vegetables, nuts, and lean protein sources like fish, poultry, and lentils. Limit your consumption of sweetened beverages, refined foods like cereal and potatoes, red and processed meats, and other highly processed foods like fast food.
Lyle's health may be at risk due to his weight, which could lead to further medical expenses in the future. He should spend extra money at the grocery store to buy healthier foods because, over time, they might promote better health and obviate the need for more medical expenses.
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Which of the following is an example of a change in scope for a project?A. Defects discovered in a deliverableB. Features of a deliverable are changedC. Delay in production of an itemD. Price increase on a resource
Features of a deliverable are changed is an example of a change in scope for a project. Thus, option b. is the correct answer.
What is Scope Change Management?
Do you realise that poorly handling changes to your scope might have disastrous effects on your projects? You must control the project scope as a project manager from planning to execution.
After your original project scope has been authorized, which is carried out at the end of your project charter phase, you must manage, control, and record any modifications to your scope. This is known as scope change management.
Modifying your project scope will have the effect of lengthening project schedules and raising project expenditures. Therefore, since insufficient scope change management might be troublesome, it's imperative to adhere to a formal change management approach, which will be covered in more detail in this course.
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the practice of focusing on satisfying the wants and needs of customers (i.e., the marketing concept) emerged as the dominant philosophy in the:
the practice of focusing on satisfying the wants and needs of customers emerged as the dominant philosophy in the Marketing Concept.
An analysis of client demands and the implementation of tactics to meet those needs by businesses results in increased sales, profit maximisation, and superiority over the competition. This is known as the Marketing Concept. A "Seven P Formula" should be used to regularly assess and reassess your business actions once your marketing plan has been defined. Products, prices, promotions, locations, packaging, positioning, and people are the first seven. The marketing idea, in other words, is crucial since it establishes how your organisation will generate revenue and grow. It states that meeting customer requirements is a company's main responsibility. Finding out what the market wants and then best tailoring your product or service to meet their needs can help you achieve this.
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Which of the following is not an example of a statistic?
Multiple Choice
A list of the profits earned last year for 100 companies in the United States
The unemployment rate in the United States for last month
The weekly income of the typical high school graduate compared to a typical college graduate
The average profit earned last year for the 10 top companies on the Dow Jones Index
''The unemployment rate in the United States for last month'' and ''The weekly income of the typical high school graduate compared to a typical college graduate'' is not an example of a statistic.
How do you define a statistic?Any quantity calculated from sample values and taken into consideration for statistical purposes is known as a statistic (singular) or sample statistic. A population parameter estimate, a sample description, or a hypothesis evaluation are examples of statistical aims. A statistic is the average (or mean) of sample values.The study of statistics focuses on gathering, organising, organising, analysing, interpreting, and presenting data. It is customary to start with a statistical population or a statistical model to be researched when applying statistics to a scientific, industrial, or social problem.The science of statistics focuses on creating and researching strategies for gathering, analyzing, interpreting, and presenting empirical data.Learn more about Statistic refer to ;
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a new no-carb diet is spreading throughout the country, and people are purchasing fewer bread products. in the news, it notes it has been one of the best years for wheat production.
With the new diet, people buy less bread. Recently, carbohydrate-free diets are spreading rapidly across the country.
What is the grain production?
The estimated volume of grain production for 2021-22 is 2.87�low the target of 110 million tons. Currently, about three-quarters of Americans' grain products come from wheat, grown primarily on the Great Plains. China is the world's top wheat producer, with India, Russia, the United States, France, Australia, Canada, Pakistan, Ukraine and Germany completing the top 10. The top wheat producers in India are Uttar Pradesh , Punjab, Haryana, Madhya Pradesh, Rajasthan, Bihar and Gujarat. Facts and figures about India: World trade in wheat is greater than all other crops combined.
In addition to being an important source of strength and energy, wheat provides significant amounts of many essential or health-promoting nutrients, particularly protein, vitamins (especially B vitamins), fiber and phytochemicals.
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crane purchases equipment by paying cash with the equipment dealer for $10,000. the accounts affected for crane are
Equipment and notes payable are the affected accounts for crane.
The sums that a company owes its financiers, including banks and other financial institutions as well as alternative funding sources like friends and family, are represented through long-term obligations known as notes payable. Since they are due after a year, though often within five years, they are regarded as long-term debt. Notes payable are the name given to written promissory notes. Under this arrangement, a borrower receives a specific amount of money from a lender and agrees to repay it with interest over a predetermined period of time. The interest rate may be predetermined for the life of the note or it may change in accordance with the prime rate, which is the interest rate the lender charges its most valuable customers.
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fill in the blank. economic integration agreements are informal blank. ___institutions that rely on agreements among members, and their development has tended to follow a general pattern from free trade area through common market to economic integration
Economic integration agreements are informal blank. Normative institutions that rely on agreements among members, and their development has tended to follow a general pattern from free trade area through common market to economic integration
What is an economic integration agreement?The reduction or elimination of trade barriers and the adoption of common fiscal policies are two examples of economic integration, often known as regional integration. For instance, the European Union is a perfect illustration of economic integration. Because they fear losing their sovereignty, strict nationalists may be opposed to economic integration.
monetary theory. Jacob Viner (1950), who introduced the words for the change in the interregional flow of commodities caused by changes in customs duties as a result of the formation of an economic union, lay out the groundwork for the theory of economic integration.
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In which of the following does a seller have the right to stop delivery of goods in transit regardless of the size of the shipment?A) if the buyer repudiates the contractB) if the buyer has payments dueC) if the seller learns of the buyer's insolvencyD) if the seller has been ordered for specific performance
The correct answer to this question here is option c. If the seller learns of the buyer's insolvency.
Buyer insolvency is the only reason an unpaid seller can stop goods in transit, and it is one of three reasons for exercising a lien or withholding the delivery of goods. The applicable insolvency test is contained in s.
Payments in transit take place between parties from different banks. The payment is subsequently transferred from the payor's to the payee's bank. Because the recipient's bank cannot view the sender's bank's financial accounts, they will hold the deposit until it clears and is reconciled.
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Refer to Figure 6.1. assume tom is on budget constraint ac and the price of a hamburger is $4.00. tom's monthly income is
a. $20.
b. $60.
c. $80.
d. $100.
Let's say Tom has a tight budget and his monthly income is equal to the cost of a hamburger = $80
Option C is correct.
How much is income?An economic measure of money, goods, and services earned or received over time, typically within a year, is called income. The total amount of money received from employment, investments, business profits, capital gains, and government assistance is measured by this figure. Wages, salaries, tips, bonuses, commissions, dividends, pensions, rental income, and other investments all qualify as sources of income.
Employment, typically working for a company, is the most common form of income. Investment capital gains, intellectual property royalties, business profits, and rental property income are all potential sources of income.
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Tom's budget constraint AC indicates that the maximum amount of hamburgers that Tom can purchase is 20.
What is budget?Budgeting is the process of creating a spending plan.. Budget refers to this plan for spending money. Creating a budget can help you make sure that you are making the most of your money and not spending more than you can afford. With a budget, you can decide how much money to save and how much to spend on different things. Budgeting is important because it helps you to keep track of your money, stay organized, and reach your financial goals. It also allows you to plan for future expenses and save for unexpected costs. Budgeting is a long-term process that requires patience and can take some time to get used to. Once you create a budget and stick to it, you will begin to see the benefits.
Therefore, Tom's monthly income must be equal to 20 x $4.00 = $80.
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The economic success of businesses such as the British South Africa Company was in part dependent on which of the following developments in the late nineteenth century?
answer choices
O The migrations of indentured workers from Asia
O The increasing availability and variety of consumer goods
O The development of new technologies such as the telegraph
O The adoption of innovative practices in banking and finance
As customers' expectations change, innovation helps banks: Make internal procedures more efficient. their market share is constant.
What are key drivers for innovation in banking?Meeting the evolving needs of their customers is made possible by innovation. Consolidate internal procedures. hold onto their market share.
Innovation addresses challenging business challenges, facilitates true digital enterprise transformation, and has the potential to radically alter how your firm runs. Having a digital strategy is insufficient. Financial institutions must develop a business plan aimed at succeeding in a world that is entirely digital.
Various dynamics that all market participants strive to control are what propel developments in this open banking platform economy. The ecosystem itself, user experience centricity, and data are the major forces accelerating innovation in open banking.
Therefore, the correct answer is option d) The adoption of innovative practices in banking and finance.
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In a contract, the parties can waive their right to a jury trial if there are later disputes about their contract, in which case their later dispute will be decided by a judge instead of a jury.
Group of answer choices
True
False
sims company reports beginning raw materials inventory of $2,300 and ending raw materials inventory of $3,500. assume the company purchased $15,700 of raw materials and used $14,500 of raw materials during the year. compute raw materials inventory turnover and the number of days' sales in raw materials inventory.
Financial metrics compare the raw materials used by the business unit to the average value of raw material inventory.
What is raw material inventory?
Raw material inventory refers to a company's inventory Materials not yet used in the manufacturing process to create a finished product. Raw materials are inputs or inventory that a company needs to manufacture its products. Examples of commodities include steel, oil, corn, wheat, gasoline, lumber, forest resources, plastics, natural gas, coal, and minerals. Commodities are inputs or supplies that a company needs to manufacture its own products. Examples of commodities include steel, oil, corn, wheat, gasoline, lumber, forest resources, plastics, natural gas, coal, and minerals. The manufacturers maintain three types of inventory.
These are raw materials (which are waiting to be processed), work in progress (which are being processed) and finished products (which are ready to be shipped).
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______organizations are characterized of many layers of management and function with well-defined rules and procedures. A) Bureaucratic B) Ordered C) Matrix D) Inverted
A) Bureaucratic organizations are characterized of many layers of management and function with well-defined rules and procedures.
Bureaucratic Organization:
A bureaucracy is a form of management with a pyramidal command structure. The bureaucracy is highly organized and very formal in its way of working. Organizational charts typically exist in all departments, and decision-making is an organized process. A strict command and control system is always in place. The bureaucracy must be orderly, fair and highly efficient.
The bureaucratic organizational structure has different levels of management, from senior management to regional managers, department heads, and shift supervisors who work alongside frontline employees. As such, authority is centralized at the top and information typically flows top-down. For example, senior management may implement a new policy that requires all overtime hours to be approved by management before employees actually work. The new policy extends from executive desks to frontline employees.
Characteristics of the Bureaucracy:The basic characteristics of the bureaucracy are as follows.
Rules and professional responsibilities are written and clearly defined.A clear hierarchy of power is concentrated in a few senior management positions.Official appointments and promotions are Employed based on skill and knowledge rather than preference or luckSalary tied to pay scale system.Bureaucrats unable or unwilling to adapt quickly to changing circumstances.Micro- control is commonLearn more about Bureaucratic Organization:
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what is brand DNA about Save the children
The brand DNA in save the children has to do with the art that the organization is known by.
What is save the children about?Around the world, Save the Children's work helps save and better the lives of children. When kids need it most, we fight to make sure they have access to school opportunities and child safety services in addition to healthcare, food, and housing.
They are caught up in conflict and calamities that they had nothing to do with causing. They also lack access to an education and other fundamental rights that are owed to them. Better is due to every youngster. We prioritize the needs of the most vulnerable kids while promoting the rights and interests of kids everywhere.
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a customer buying an unfamiliar product that carries a fair degree of risk would most likely engage in decision making. question 24 options: cognitive limited affective habitual
A customer buying an unfamiliar product that carries a fair degree of risk would most likely engage is cognitive decision-making.
What does cognitive decision mean?
High-level cognitive functions including perception, attention, and memory are the foundation of decision-making. Real-life scenarios call for a sequence of judgements, each of which is based on information from a potentially shifting environment.
Since processing speed influences how quickly one can comprehend the descriptive information in each cell and compare the information with each alternative, we specifically hypothesised that cognitive talents like processing speed would have a bigger impact on the amount of time spent making decisions.
Cognitive: Decision-making is viewed as a continuous activity intertwined involving interactions with the surroundings. Normative rationality is the study on individual choices that focuses here on invariant decision-making process.
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Completed question :
A customer buying an unfamiliar product that carries a fair degree of risk would most likely engage in what type of decision-making?
A) cognitive decision-making
B) limited decision-making
C) habitual decision-making
D) affective decision-making
Select the item below that is NOT one of the ways in which computer science contributes to the understanding of information systems. A. Methods of efficient data access B. Establishing theories of computability C. Methods of efficient data storage D. Theory of business process development E. Methods of computation
D. Theory of business process development is NOT one of the ways in which computer science contributes to the understanding of information systems.
Explanation: Computer science contributes to the understanding of information systems by providing methods of efficient data access, efficient data storage, and methods of computation. Theory of business process development is not a way in which computer science contributes to the understanding of information systems.
Hence option d. Theory of business process development is the correct answer to the givegiven Question.
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Match the four aspects of Product Design which support the goals of Lean/JIT systems with their definition.
1. Standard parts
2. Modular design
3. Capable production quality
4. Concurrent engineering
The four Product Design characteristics that serve the aims of Lean/JIT systems are correctly aligned with their definitions below.
Product design is defined as the process of thinking, producing, and iterating products that solve user issues or fulfil specific market demands.
Standard components - Fewer parts across product lines reduce procurement and inspection expenses.Design Modularity - Standardized subassemblies (clusters of parts) to ease bills of materials, training, and final product assemblyCapable of producing high-quality results - Manufacturing systems in which product and process design have minimized or eliminated defectsEngineering concurrently - A team method in which each group is involved in product design from the start, rather than sequentially from development through delivery.To learn more about Product Design, Click here:
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which of the following is an attack where a program or service is placed on a server to bypass normal security procedures?
A backdoor is a program or service that is placed on a server to bypass normal security procedures. Here option A is the correct answer.
It is often used by attackers to gain unauthorized access to a system or network, steal sensitive information, or perform other malicious activities.
A backdoor is typically installed by exploiting a vulnerability in the server's software or by tricking an administrator into installing it. Backdoors can be hard to detect and remove, making them a serious security threat.
A form of malware known as a backdoor circumvents standard authentication mechanisms to gain access to a system. As a result, resources within an application, such as databases and file servers, are accessible remotely, allowing offenders the opportunity to remotely execute instructions on the system and update malware.
Complete question:
Which of the following is an attack where a program or service is placed on a server to bypass normal security procedures?
A - backdoor
B - a phishing attack
C - SQL injection
D - malware attack
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arrangements concerning which of the following are least likely to be included in engagement letter?
CPA investment in client securities are least likely to be included in engagement letter.
What is investment CPA?The term CPA, which stands for certified public accountant, might be useful, especially if you want to publish financial accounts that have been reviewed or audited. A useful credential to acquire if you want to work in the investing industry and beyond is the CFA, or chartered financial analyst.Although it has a long history, the certified public accountant (CPA) credential is mostly connected to employment in accounting. The CFA Program offers comprehensive knowledge of investment analysis, portfolio management, and professional ethics and is intended to promote investment professions.The CPA is a well-known accounting designation with a scope of practise in India. In many global organisations, it is a prominent and well-known title.Explanation :
PSA does not suggest any arrangement concerning CPA investment in client securities; indeed such investments are prohibited by Code of Ethics.
Completed question :
Arrangements concerning which of the following are least likely to be included in engagement letter?
a. A predecessor auditor.
b. Fees and billing.
c. CPA investment in client securities.
d. Other services to be provided in addition to the audit.
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Understanding the nature of leadership has proved to be quite the challenge for practitioners and researchers because:
A. Very little research has been done.
B. It has not received much attention.
C. It is too simplistic in nature.
D. It is a highly valued phenomenon that is very complex.
E. Its appeal is limited to academics and scholars.
Answer: C: it is too simplistic in nature
What statement best illustrates the decades-long business rivalry between tech giants Apple and Microsoft?
The idea that a company's competitive edge is fleeting best captures the long-running corporate conflict between computer heavyweights Apple and Microsoft.
A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a competitive edge. These elements enable the producing unit to outperform its competitors in terms of sales or margins.
Anything that gives a business an edge over its rivals, enabling it to draw in more clients and increase its market share, is considered a competitive advantage. Three main types of competitive advantages are possible: Cost advantage is the ability to produce a good or deliver a service for less money than rivals.
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ken allen, capital budgeting analyst for bally gears, inc., has been asked to evaluate a proposal. the manager of the automotive division believes that replacing the robotics used on the heavy truck gear line will produce total benefits of $560,000 (in today's dollars) over the next 5 years. the existing robotics would produce benefits of $400,000 (also in today's dollars) over that same time period. an initial cash investment of $220,000 would be required to install the new equipment. the manager estimates that the existing robotics can be sold for $70,000. show how ken will apply marginal cost-benefit analysis techniques to determine the following:
a: The marginal (added) BENEFITS of the proposed new robotics.
$560,000 - $400,000 = $160,000
b. The marginal (added) COST of the proposed new robotics.
$220,000 - $70,000 = $150,000
c. The net benefit for the proposed new robotics
profit - cost = net profit
$160,000 - $150,000 = $10,000
d. Ken Allen should encourage companies to replace existing robotics because the net profit is positive
e. Other factors to consider before making a final decision include:
- Whether new robotics requires additional training
-whether even better robotics will be available soon
-What will be the energy consumption of the new robot?
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Complete question:
Ken Allen, capital budgeting analyst for Bally Gears, Inc. has been asked to evaluate a proposal. The manager of the automotive division believes that replacing the robotics used on the heavy truck gear line will produce total benefits of $560,000 (in today's dollars) over the next five years. The existing robotics would produce benefits of $400,000 (also in today's dollars) over the same time period. An initial cash investment of $220,000 would be required to install the new equipment. The manager estimates that the existing robotics can be sold for $70,000. Show how Ken will apply marginal cost-benefit analysis techniques to determine the following:
a. The marginal (added) BENEFITS of the proposed new robotics
b. The marginal (added) COST of the proposed new robotics
c. The net benefit of the proposed new robotics
d. What should Ken recommend that the company do? Why?
e. What factors besides the costs and benefits should be considered before the final decision is made?
Determine which of the following expenses are considered revenue expenditures related to a company vehicle. (Check all that apply.)Oil changeDent repairCar wash
Oil change expenses are considered revenues expenditures related to a company vehicle .The vehicle requires an oil change on a regular basis for maintenance. As a result, it ought to be noted as an expense.
Option A is correct .
Revenue expenditures:Revenue expenditures are costs that are recurring and should be recorded as expenses immediately, so they are not capitalized to assets. Annual costs for an asset's maintenance and insurance are two examples.
Is the vehicle a cost of revenue?Revenue expenditures do not include expenditures on intangible assets like patents and licenses or tangible assets like the purchase of land, vehicles, tools, and machinery. Also not considered revenue expenditure is the cost of upgrading these assets.
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Consider a company that manufactures picture frames. Which of the following costs would be considered direct costs?- oak wood used for frame- glass used in the frame- wages of assembly line worker
Direct costs include the ones listed below. salaries for assembly-line workers. utilized in the frame is glass.
Fixed expenses typically refer to fees that are dependent solely on time rather than the quantity produced or purchased by your business. Lease and hire fees, salary, application costs, insurance, and mortgage repayments are a few examples of constant fees. Some forms of taxes, including enterprise licenses, also are constant levies. In its singular form, "cost" refers to the total of a group, while "fees" refers to every component of that group. The cost of a provider, for instance, "consists of fabric costs and exertions fees." People frequently struggle to understand the difference between "price" and "fees" in everything from crime contracts to budget conversations.
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