Answer:
Policies are the rules and regulations that serve as a guiding principle for the organization while making decisions. On the other hand, procedures are the precise steps that are followed while carrying out an organization activity.
There is always a relation between them: Policies are rules that are made by organizations, to achieve their aims and goals. Policies are made by individuals, groups, companies, and even governments to carry out their plans. Regulations are rules that are made to make people comply and behave in a certain manner.
There is usually a relationship between rules, regulations, and Policies.
What is the relation between Policy and Regulations?Policies are rules that might be made through organizations, to reap their objectives and goals.
Policies are made through individuals, groups, companies, or even governments to perform their plans. Regulations are rules that might be made to make humans comply and behave in a sure manner.
Hence, these are the similarities and common characteristics of regulation, rule, and policy.
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You realize that your growing company needs to increase the division of labor, standardization of work procedures, and written rules to be more effective. What organizational structure should you adopt
The organizational structure which should be adopted is the bureaucratic structure.
What is Organizational Structure?This refers to the use of structure to organize a business or project, showing the chain of command or hierarchies.
Based on the fact that the company is growing and there is a need to increase the division of labor and standardization of work procedures, and written rules to be more effective, then a bureaucratic structure is needed.
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Interest will gather on all of the
following EXCEPT which one?
A. a cash purchase
B. an automobile loan
C. a home loan
D. a credit card loan
How can you distinguish between the main features of risk management in Islamic finance from the conventional practice of risk management?
The main difference between risk management in Islamic finance and the conventional practice of risk management is that the former is based on Sharia laws while the latter is based on checking credit history.
What is Risk Management?This refers to the identification and control of threats to the long-term goals of a company.
Hence, we can note that in Islamic finance, there is a strict following of the provisions of finance in Islam which are the Sharia laws and they try not to engage in usury but the conventional practice of risk management makes use of modern methods like credit history and financial risk.
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Viral Marketing, Inc. reported last year's cost of goods sold of $120 million. Total assets increased by $50 million during the year, including an decrease of $10 million in inventory. Total liabilities increased by $60 million during the year, including an increase of $7 million in accounts payable. How much cash did the firm pay to suppliers
7million In all accounts
A trader is long EUR/USD at 1.2780 and has a target of 1.2790, but wants to limit losses to 1.2775. If they have entered an OCO order, and EUR/USD trades below 1.2775 and then above 1.2790, what would be the resulting trade
If an OCO order is entered, and EUR/USD trades below 1.2775 and above 1.2790, the resulting trade is to: Sell at 1.2790 and again at 1.2775.
What is OCO order?OCO order which full meaning one cancels the other can be defined as a way in which both limit order as well as stop order can be place at once.
Since the trade target is 1.2790 in which the stop loss or limit loss is 1.2775 in a situation were EUR/USD trades below the limit loss (1.2775) and above the target (1.2790) the trading result will be to sell at 1.2790 and then sell again at 1.2775.
Inconclusion what would be the resulting trade is to:Sell at 1.2790 and again at 1.2775.
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Simone, owner of the Blue Canoe Coffee Shop, ran a report showing the identified valued customer visits the shop on average 15 times in a 30-day period. Simone now wants to break down the information further to determine how many visits she should expect in a 20-day period from a tracked value customer. How many visits should Simone expect
Answer:
30 day period the average number o…
Research from the Blue Canoe Coffee Shop revealed that the identified valued client visits the shop an average of 15 times in a 30-day period. The average number during a 30-day period.
What is research?Research is a process of systematized inquiry that entails the collection of data; documentation of critical collection; and analysis and interpretation of that data/aggregation, in accordance with suitable epistemologies set by specific occupational group fields and academic discipline scientists in the 19th and 20th centuries dug up graves and disturbed sacred sites and human remains in pursuit of their research into indigenous cultures.
As scientists need to research new things as they are willing to grave the land and find the things in it. They need to find new things from it. Research The Blue Canoe Coffee Shop did a survey that revealed the identified valued client visits the shop an average of 15 times in a 30-day period. The average number during a 30-day span.
Therefore, Research from the Blue Canoe Coffee Shop revealed that the identified valued client visits the shop on average
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In sequential order, the four phases of the business cycle are
The four phases that characterize the Business Cycle are:
Expansion. Peak. Contraction. Trough. What are the stages of the Business Cycle?The first stage is that of expansion where the economy grows and employment shrinks. At the peak, the economy is producing at full capacity.
The economy now starts slowing down at the contraction stage which is also known as a recession. If things don't change, this leads to a trough which is where the economy will be at its worst.
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Answer:expansion, peak, contraction, and trough.
Explanation:
the output of a process is valued at $110 per unit. the cost of labour is $50 per hour including benefits
Based on the labor cost, and output of the process, the multifactor productivity for the week is 3.06.
What is the multifactor productivity for Week 1?This can be found by the formula:
= Cost in week 1 / Value of output in week 1
Cost in week 1:
= Labor + Material + Overheads
= 12,195 + 21,392 + 8,546
= $42,133
Value of product:
= 110 x 1,173 units
= $129,030
Multifactor productivity is:
= 129,030 / 42,133
= 3.06
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RST Company produces a product that has a selling price of $10 per unit and variable cost of $6 per unit. The company's fixed costs are $30,000. If the company sells 15,000 units, the degree of operating leverage is
The e degree of operating leverage of RST Company given its price, costs and quantiy sold is 2.
What is the degree of operating leverage?The degree of operating leverage (DOL) measures the sensitivity of a company's operating income to changes in the demand.
DOL = [Q(P - V) ] /[ Q(P - V) - F]
Q = quantityP = priceV = variable cost F = fixed cost[15000(10 - 6)] / [15000(10 - 6) - $30,000]
60,000 / 30,000 = 2
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Fast Freight, an interstate trucking company, has had to raise price three times in the past year, significantly reducing sales
There's an increase in the fuel price which led to the increase in operating cost of the Fast Freight.
What is operating cost?It should be noted that operating costs are the costs that are incurred by a business during production.
From the complete question, there's a increase in the fuel price which led to the increase in operating cost of the Fast Freight.
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Which of the following might negatively impact the recruitment process?
A. Lack of competition from other businesses
B. Working with a recruiting agency
C. Lack of available qualified job applicants
D. Too many qualified job candidates
Answer:
Its answer C
Explanation:
If there aren't many qualified job applicants its harder for you to recruite people.
Imagine you are the project manager for a team that has just finalized a project and released the product to the client. Now it is time to do an evaluation, and you know that when evaluating the success of a project, there are a number of important evaluation questions to ask. Make a list of five questions that you would include on your evaluation sheet. Make sure that each question is applicable to all people working on the project. Provide a brief explanation of why you would include each question.
Answer:
What progress has been made?
Were the desired project objectives achieved?
Do the project results justify the project inputs?
Is every team member satisfied with the result?
What could have been done better?
Explanation:
That's the answer I put.
For a project manager it is the duty and task of mine to monitor the things very carefully.
What is Project Manager?
Project manager is actually that person who actually plays an leading role in actually planning and executing the projects.
So the five question are-
What progress has actually been made?
Were the actual desired project objectives achieved?
Do the project results justify the overall project inputs?
Is every team member is merely satisfied with the result?
What could have basically been done better?
Therefore Project manager are responsible and accountable for the entire projects the overall project team.
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Sheffield Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at a cost of $1,031,600. At December 31, 2020, the raw materials to be purchased have a market value of $978,300. In 2021, Sheffield paid $1,031,600 to obtain the raw materials which were worth $978,300. Sheffield uses a periodic inventory system. Prepare the entry to record the purchase.
The journal entry to record the purchase of the raw materials by Sheffield Company is as follows:
Debit Purchases $1,031,600
Credit Accounts Payable $1,031,600
To record the purchase of the raw materials in 2021.The December adjusting entry can be revised with:
Debit Estimated Liability $53,300
Credit Unrealized holding Loss $53,300
To reverse the December 31 adjusting entry.What is an unrealized holding loss?In this instance, the unrealized holding loss arose from the fact that the market value of the raw materials is less than the purchase amount because of the noncancelable commitment.
Thus, the unrealized holding loss arose as the difference between the market value and the purchase amount.
Data Analysis:Purchases $1,031,600 Accounts Payable $1,031,600
Estimated Liability $53,300 Unrealized holding Loss $53,300
Thus, the entry to record the purchase is a debit to the purchases account and a credit to accounts payable.
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Please select the word from the list that best fits the definition
Requires accuracy and privacy of information contained in credit reports.
Answer:
they contains main
primary credit report
You work for a Public Relations Consultancy that has been approached by the German company DHL to assist with their Public Relations activities in Southern Africa.
1.1 Discuss any four (4) advantages for why DHL would make use of a local South African consultancy instead of their own PR department to help promote their new Veldskoen shoe collection.
The advantages for why DHL would make use of a local South African consultancy instead of their own PR department to help promote their new Veldskoen shoe collection is because:
The Local consultancy know more and can access a wider range of talent pool in regards to the collectionThey will also have higher range of Experience as they are locally inclined and know more about the needs of the people there.It will help give a Fresh Perspectives to the product that is been introduce into the S.A. marketThere will be no Language Barriers when communicating the product to the people.It will help tp Uncomplicate some processes that may arise due to the use of Foreign PR.What does it mean to work local consultancy ?When you work with a local consultancy, it means that you are using the local police, or firm to aid the sales of your product or services.
Note that the use of , local consultancy will help get your product faster to the people as they know more about the market than foreign PR department.
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A username and password is an example of a ______.
A. One-factor authentication
B. Two-factor authentication
C. Call back
D. Single sign-on
QUESTION
A username and password is an example of a ______.ANSWER
A. One - factor AuthenticationEXPLANATION
One/Single-factor authentication is the simplest form of authentication methods. With SFA, a person matches one credential to verify himself or herself online. The most popular example of this would be a password (credential) to a usernameAnswer:
One factor authentication
Explanation:
See when you use username and password option
First it asks for usernamethen for password beneath it .So it happens for once only you won't need any more authentication.
So option A is correct
Firms making a loss will compare the losses if it shuts down to the losses if it operates in the short run. What quantity will the firm produce if it shuts down in the short run
The quantity that would be produced by a firm that shuts down in the short run is zero units.
When would a firm shut down in the short run?
The short run is a period when at least one or more factors of production are fixed and the others are variable. In the short run, if the average variable cost is greater than the price, the firm should cease production. This means that zero units of output would be produced.
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Question 4 (2 points)
Burnell organized his gift shop, Ebony Artifacts, as a corporation. He created 500
shares of stock, each worth $100. Burnell held 360 of the shares for himself. He sold
the rest in equal amounts to seven investors. How many shares does each investor
own?
Answer:
Each investor has 20 shares (worth $2,000.)
Explanation:
Which of the following will you see in a
credit card monthly statement?
A. The interest charged for each type of service used.
B. The deductible for the interest charged to the card.
C. The annual financial plan for the year.
D. The amount of money you may get in the future.
w snhu SNHU 107 Module Six Activity Template Complete all parts of this template by replacing the bracketed text with your responses and submit for grading and feedback. All personal mission statements, short-term goals, and feedback are examples. Revise the personal mission statement based on instructor feedback. Sample personal mission statement: "My mission statement is to, without a doubt, do great in every class I take so I can get my bachelor's degree. I want to work in business because it is rewarding. I hope to provide for my family and make the community better." Sample instructor feedback: "You are off to a good start with your mission statement, but please remember that it needs to be focused on what specifically you are working toward and why it is a passion for you. For example, it is important that your first sentence clearly defines what your major is and your proposed graduation date. Knowing this information gives you a GO A 1009 o a L OneDrive - Tulsa Co Desktop . -ch O
People often have their own mission statement. Mine, based on the template is written below;
"My mission statement is to be, without any ounce of doubt, to inspire humanity through fashion. I major in fashion and design and will be graduating June, 2023. I hope to create and offer mouthwatering designer gowns at a unique price. I want to create godly designs that could be won to offices, schools, and brings out the inner beauty inside of a person and also to be at the pinnacle of fashion all over the world. I hope to inspire my world and be someone of influence and affluence who strives to make her home and community better."
What is a mission statement?This is known to be a a short statement that states the reasons why an organization, a brand etc., is founded.
It is known to be the overall goal is, the kind of product/ service to offer provides, it's geographical area of operation and other factors.
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The goal of ____ is____ - A operations, environmental B. delegation, institutional C. specialization, efficiency D. departmentalization, transparency
The reason why we have specialization in businesses and other forms of life is for efficiency.
Why do we specialize?When people specialize in a certain role, they are able to become better at that role because they will not be distracted by having to learn other skills and will instead focus on the skills they need to specialize.
This allows them to become more efficient in their area of specialization as they will then be more proficient and learn to produce results faster.
In conclusion, option C is correct.
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Which of these is a variable expense?
O payment for car insurance
O car payment
O rent for an apartment that has a O yearly lease
O entertainment
Answer:
Entertainment.
Explanation:
The other expenses are fixed expenses.
The variable expense among these expenses is D. entertainment.
What is a variable expense?A variable expense is an expense that changes based on the units or the number of times it is incurred in a period.
For example, entertainment expenses can be fixed per unit, to some extent, however, the total amount is not fixed but variable.
Variable expenses can be differentiated from fixed expenses, while some expenses (semi-fixed costs) combine the elements of variable and fixed expenses.
Thus, payments for car insurance, car, and yearly rent are fixed expenses, but entertainment is a variable expense.
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ASSIGNMENT TEMPLATE
Identify one economic trend that is influencing Charles and Ebony's budget. Then, in your
own words, explain how it is connected with what you see happening in their
expenditures. (Your response should be 4-5 sentences.)
Remember, if you use any information or ideas from the webtext, be sure to add a citation
(and include quotation marks around any exact wording).
One economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
What is an economic trend?An economic trend is a pattern of economic activities, which are usually formed and interpreted by economists from some sets of data.
Inflation is defined as the general increase in the prices of basic goods and services, like transportation, health care, food, and housing.
Inflation digs holes in the purchasing power of individuals, businesses, and governmental bodies in an economic system.
Thus, one economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
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Which is a type of insurance to avoid?
O Identity theft insurance
O Disability insurance
O Long-term care insurance
O Mortgage insurance
Answer:Identity theft insurance
Explanation:
What does it mean to become a master adaptive learner and why is this important?
Please put a lengthy answer, this is a crucial question.
Answer:
Awnser below
Explanation:
The master adaptive learner model makes an important distinction between routine expertise—mastering performance to the extent that it becomes highly efficient and accurate, drawing on the specific knowledge and skills that an expert has learned over time—and adaptive expertise, which is based on the ideal that individuals will learn and innovate in response to practice challenges.
You are the senior auditor in charge of the audit of Potholders Ltd, a retailer of garden pots and gnomes. Your audit firm has been auditor for the last four years. Historically, the firm has had a competent and qualified internal audit team upon whose work you have placed significant reliance. Management is well respected and is viewed to have high integrity, although there was some friction last year when the auditor discovered sales cut-off errors, which reduced profit and had an adverse impact on management bonuses under the new bonus scheme. While the company has been very profitable, drought and water restrictions have placed pressure on management to maintain profitability. In planning the audit you become aware of the following facts:
1. There is a cash shortage caused by recent business expansions and falls in cash inflow.
2. The accounts payable balance has increased by 30 per cent on last year.
3. Days in debtors has increased from 45 days to 63 days.
4. Due to the difficulty of maintaining sales levels, credit checks are not always carried out.
5. Internal audit department staff levels have been halved.
6. After a recent series of thefts, control over inventory has been tightened. When goods are received they are counted and inspected and, after a pre-numbered goods received advice is prepared, the goods are moved to an enclosed storage area with adequate security, including closed-circuit TV. Goods are released from the store only upon receipt of a properly authorised requisition form.
7. In the past, all purchases were made centrally at head office. However, store managers are now asked/allowed to purchase direct from local suppliers in order to obtain inventory at lower prices and avoid transport costs. Some store managers in North Queensland are importing from Indonesia.
Required:
1. Identify each component of audit engagement.
2. Outline the facts that increase inherent risks and the facts that increase or decrease control risk
The components of audit engagement from the question are:
Cost-benefitCircumvention designsapplication of controlscontrol environment The factors that increase inherent risksThe integrity of the people that are in managerial positions. The experience and the effectiveness of managers.Pressures faced by management.The type of business.Factors that affect control risks:Presence of Novel situationsThe use of Outdated controlsImproper separation of dutiesRead more on inherent risks here: https://brainly.com/question/14538724
Why does GAAP allow for unclear financial statements?
Answer:
GAAP in accounting helps businesses: Generally accepted accounting principles ensure businesses use a standard method to report financial information. Think of these principles as a rulebook that companies follow when creating financial statements (income statement, balance sheet, and cash flow statement).
Explanation:
You know these facts about a company’s prior calendar year: Beginning inventory: 100 units at $10 each. Ending inventory: 50 units at $9 each. Inventory purchased for resale during the year: $2,000. What can you calculate using this information?
The item that can be calculated using this information is cost of goods sold.
What is cost of goods sold?Cost of Goods Sold (COGS) is what measure the direct cost incurred in the production of any goods or services. it is the cost of acquiring or manufacturing the products that a company sells during a period.
Cost of goods sold includes
The expenses of buying and preparing an item for saleIt is used to figure gross profit.It is an expense reported on the income statement and it is also called cost of sales.Hence, the item that can be calculated using this information is cost of goods sold.
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a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation
Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.
Tax multiplierUsing this formula
Tax multiplier=-MPC/1-MPC
Where:
Marginal propensity to consume (MPC)=0.67
Let plug in the formula
Tax multiplier=0.67/1-0.67
Tax multiplier=0.67/0.33
Tax muitiplier=2.03
Inconclusion the tax multiplier for this nation is: 2.03.
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What's the taxable equivalent yield on a municipal bond with a yield to maturity of 3.9 percent for an investor in the 35 percent marginal tax bracket
When a person has a marginal tax bracket of 35%, their taxable equivalent yield to a municipal bond is 6%.
What is the taxable equivalent yield?It can be found by the formula:
= Municipal bond / ( 1 + tax rate)
Solving gives:
= 3.9% / ( 1 - 35%)
= 3.9% / 0.65
= 6%
In conclusion, a 6% return would be an appropriate taxable equivalent yield.
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