A negative 50% change in demand, or a drop of 5,000 divided by the starting demand of 10,000 automobiles, is multiplied by a 20% change in real income.
what is the income elasticity of demand for snow blowers?Based on the ratio of the percentage rise or reduction in quantity to the growth or decrease in earnings, there are five primary kinds of income elasticity of demand. They are referred to as High, Unitary, Low, Zero, and Negative, starting with the highest positive shift.
The link between a consumer's income and the demand for a particular good is measured by income elasticity of demand. It could be receptive to a certain product or not, positive or negative.
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An unfavorable fixed overhead volume variance can be due to all of the following except a.sales orders at a low level b.an increase in utility costs c.machine breakdowns d.employee inexperience
B is the correct answer.
An unfavourable fixed overhead volume variance can be due to all of the following except an increase in utility costs.
What is utility costs?Utilities costs are the price associated with using services including electricity, water, waste removal, heating, and sewage. Throughout the reporting period, expenses are incurred, calculated, and accrued for, or payments are made. The term "Utility Costs" refers to all fees, surcharges, and other expenses related to providing any utilities that are necessary for the Premises, the Premises, or the Improvements, including, but not limited to, heating, ventilation, and air conditioning costs, costs associated with providing gas, electricity, and other fuels or power sources to the Premises, and costs associated with providing water and sewage services to the Premises.
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What source documents can be issued by Thandi to her customers name three types of documents
These source documents serve as evidence of the exchange between Thandi and her customers and are essential for record-keeping and financial reporting.
Sales invoices: Sales invoices are one of the most common source documents issued by Thandi to her customers. These documents include details such as the customer's name, date of sale, description of goods or services sold, unit price, total price, and any applicable taxes. Sales invoices are important because they provide customers with a detailed breakdown of what they purchased and how much they paid.
Receipts: Receipts are another type of source document that Thandi can issue to her customers. These documents serve as proof of payment and include details such as the date of the sale, the amount paid, and the method of payment. Receipts are particularly useful for customers who need to track their expenses and for Thandi's records as well.
Credit notes: If Thandi needs to issue a refund or credit to her customer, she can issue a credit note. These documents include details such as the customer's name, date of the sale, the original amount paid, and the amount being credited back. Credit notes are essential for record-keeping purposes and ensure that both Thandi and her customer have an accurate record of the transaction.
In conclusion, the source documents that Thandi can issue to her customers include sales invoices, receipts, and credit notes. These documents are essential for record-keeping, financial reporting, and serve as evidence of the transactions made between Thandi and her customers.
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What kinda of block can result from poor language skills
Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
Juice wrld is the best <3
Rip juice wrld:(( 999
Answer:
Juice Wrld was an excellent artist. He spoke to many with his songs and reached those who could connect to him and his struggles through his music, personally his music is catchy and sounds good. He has a unique voice and his lyrics are relatable. he will always be in our hearts we will always remember him and his songs
3- Use the following data to answer the questions below:
Category
Billions of Dollars
Consumption $200
Investment $ 50
Government Spending $ 60
Exports $ 70
Imports $ 80
Depreciation $ 10
Foreign Factor Income $ 10
Please answer in whole numbers.
a. How much is net exports? $
b. How much is net investment? $
c. How much is GDP? $
d. How much is Net Domestic Product? $
e. How much is National Income?$
Explanation:
a. Net exports = Exports - Imports = $70 - $80 = -$10 b. Net investment = Investment - Depreciation = $50 - $10 = $40 c. GDP = Consumption + Investment + Government Spending + Net Exports = $200 + $50 + $60 - $10 = $300 d. Net Domestic Product = GDP - Depreciation = $300 - $10 = $290 e. National Income = Net Domestic Product + Foreign Factor Income = $290 + $10 = $300
You do not need to see proof of insurance coverage for a taxpayer if you feel that this information is not unusual or questionable.T/F
True, You do not need to see proof of insurance coverage for a taxpayer if you feel that this information is not unusual or questionable.
Do you require documentation of financial contributions made by taxpayers?If you don't think the information is odd or suspicious, you don't need to view the taxpayer's receipts for their cash contributions. Most of the time, a volunteer is required to check each taxpayer's photo identification to help prevent identity theft.
How much can you claim as charitable gifts if you don't have any documentation?You may preserve a receipt, cancelled check, or statement for sums up to $250. The charity must provide a written acknowledgement for donations over $250. You should typically include this acknowledgement with your tax return.
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100 points !! Macroeconomics simple question !!! QUICK
C is not the correct answer!
The inflation rate is 11% (option A)
What is the inflation rate?
Inflation is the the persistent rise in the general price levels in the economy. The inflation rate can be determined by calculating the percentage change in the price of the basket of goods.
Price of the basket of goods in 2016 = ($0.25 x 50) + (25 x $0.30) + (25 x $0.10)
= $12.50 + $7.50 + 2.5 = $22.50
Price of the basket of goods in 2017 = (25 x $0.25) + (50 x$0.30) +(25 x $0.15)
= $6.25 + $15 + $3.75 = $25
Inflation rate = \(\frac{25}{22.50} - 1\) = 0.11 = 11%
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suppose the division selling product 2 is floundering and another firm has made an offer to buy the rights to produce product 2. how would the sale of the rights to produce product 2 change the firm's marginal cost of producing product 1?
The sale of the rights to produce product 2 would not directly change the firm's marginal cost of producing product 1.
Marginal cost is the additional cost incurred for producing an additional unit of output. It is based on the variable costs of production, such as labor and materials, and is not affected by the sale of the rights to produce a different product.
However, if the firm's revenue from selling product 2 was used to subsidize the production of product 1, the loss of this revenue could indirectly affect the cost structure of the firm and potentially increase the marginal cost of producing product 1.
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Professor Cupinda performed a field study of employee resistance to computers. She gathered data on many different issues. In her research report, she dismissed information that she thought to be less relevant in explaining employee resistance but which later turned out to be relevant. Which logical error did she commit
Professor Cupinda committed which logical error: confirmation bias. Confirmation bias is a logical fallacy that causes individuals to search for, interpret, and remember information that supports their current beliefs while disregarding information that contradicts them.
This can lead to poor decision-making, as important information is overlooked or dismissed. Professor Cupinda committed this error when she dismissed information that she considered less relevant in explaining employee resistance to computers but which later turned out to be relevant.In her research report, Professor Cupinda dismissed the information she considered less relevant in explaining employee resistance to computers. However, the information she ignored later turned out to be relevant, implying that her reasoning was incorrect. Confirmation bias was at play here because she selectively focused on data that supported her current beliefs, causing her to ignore critical information that contradicted her assumptions, and this led to her making incorrect conclusions about the situation.
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1. Hospitable Co. provides the following sales forecast for the next four months:
Sales (units):
April: 500
May: 580
June: 540
July: 620
The company wants to end each month with ending finished goods inventory equal to 25% of next month?s sales. Finished goods inventory on April 1 is 190 units. Assume July's budgeted production is 540 units. Prepare a production budget for the months of April, May, and June.
2. Refer to the information in question 1. In addition, each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month?s production needs. Beginning raw materials inventory for April was 663 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Answer in 350-500 words)
1. Production budget :
April:
Sales: 500 units
Ending finished goods inventory: 25% of May's sales (580 units × 0.25 = 145 units)
Required production: Sales + Ending inventory - Beginning inventory
Required production: 500 + 145 - 190 = 455 units
May:
Sales: 580 units
Ending finished goods inventory: 25% of June's sales (540 units × 0.25 = 135 units)
Required production: Sales + Ending inventory - Beginning inventory
Required production: 580 + 135 - 455 = 260 units
June:
Sales: 540 units
Ending finished goods inventory: 25% of July's sales (620 units × 0.25 = 155 units)
Required production: Sales + Ending inventory - Beginning inventory
Required production: 540 + 155 - 260 = 435 units
5 pounds/unit × 0.30 = 390 pounds)
Raw materials required: Production + Ending inventory - Beginning inventory
Raw materials required: 455 × 5 + 390 - 663 = 2,417 pounds
Direct materials cost: Raw materials required × $4/pound
Direct materials cost: 2,417 × $4 = $9,668
May:
Production: 260 units
Ending raw materials inventory: 30% of June's production needs (435 units × 5 pounds/unit × 0.30 = 652.5 pounds)
Raw materials required: Production + Ending inventory - Beginning inventory
Raw materials required: 260 × 5 + 652.5 - 2,417 = 1,572.5 pounds
Direct materials cost: Raw materials required × $4/pound
Direct materials cost: 1,572.5 × $4 = $6,290
June:
Production: 435 units
Ending raw materials inventory: 30% of July's production needs (620 units × 5 pounds/unit × 0.30 = 930 pounds)
Raw materials required: Production + Ending inventory - Beginning inventory
Raw materials required: 435 × 5 + 930 - 1,572.5 = 2,802.5 pounds
Direct materials cost: Raw materials required × $4/pound
Direct materials cost: 2,802.5 × $4 = $11,210
1. The production budget is prepared by considering the desired ending inventory levels and the sales forecast. It calculates the required production to meet the sales demand and maintain the desired ending inventory. The calculations are based on the given sales forecast and the ending finished goods inventory percentages.
2. The direct materials budget is prepared by taking into account the production needs and the desired ending inventory levels for raw materials. It calculates the raw materials required to support production and maintain the desired ending inventory. The calculations consider the direct materials cost per pound and the beginning raw materials inventory.
The provided s demonstrate the calculations for each month based on the given information. The production budget determines the required production for April, May, and June, while the direct materials budget calculates the raw materials required and the associated costs for each month.
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Why is rotating employees into different positions a good internal control
procedure?
A. because it saves money in training costs and in employee salaries
B. because the organization can fill open positions more quickly
C. because the longer employees stay in one position, the less likely
they are to comply with company policy
D. because it allows people to spot instances of internal control
noncompliance
If the organisation cannot accommodate a promotion or permanent reassignment into a position that matches the individual's interest or skill set, job rotations can expose team members to roles and responsibilities on a periodic basis.
What do well-separated duties and job rotation mean?
By splitting the jobs among the personnel, separation of duties prohibits any one person or entity from being able to accomplish all the activities of a crucial or delicate procedure. Employees who are subject to job rotation policies are expected to switch roles frequently. By taking on new responsibilities, individuals develop their experience and abilities in a job rotation system. The purpose of rotations is to encourage adaptability, employee engagement, and retention.
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Answer:
D. Because it allows people to spot instances of internal control noncompliance
Explanation:
Rotating employees is generally good internal control because so long as the employees aren't colluding, a pair of fresh eyes may be able to catch mistakes or other issues that a previous employee made.
What area of expenses is best to target when looking for possible ways to cut back on spending?
A-Actual
B-Fixed
C-Flexible
D-All of the above
Answer:Flexible
Explanation:
You are in need of a new washer and dryer and the set you would like costs $1,600. You do not have access to enough cash to pay for the washer and dryer in full at time of purchase and are exploring your financing options. You have seen the following advertisement on television. Determine what monthly interest rate (X. XX %) is being charged by the leasing company
Based on the given information, the monthly payment for the washer and dryer set is $100 for 24 months. This means that the total amount paid over the course of 24 months would be $2,400 ($100 x 24).
To determine the monthly interest rate being charged by the leasing company, we can use the formula for calculating simple interest:
I = P x r x t
Where:
I = Interest
P = Principal (amount financed)
r = Interest rate per period
t = Number of periods
In this case, the principal is $1,600, the interest rate per period is what we need to find, and the number of periods is 24 (months).
Substituting the values into the formula, we get:
Interest = $2,400 - $1,600
Interest = $800
$800 = $1,600 x r x 2
r = $800 / ($1,600 x 2)
r = 0.25 or 25%
Therefore, the monthly interest rate being charged by the leasing company is 25%. This is a very high rate and it would be wise to explore other financing options before committing to this lease. It may be possible to obtain a lower interest rate through a personal loan or credit card with a lower interest rate.
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Saturn Systems Inc., which is headquartered in the United States, has its production plant located in a less-developed country where working conditions are poor. For example, employees work 15-hour shifts, are exposed to toxic chemicals, and are forced to work overtime. What type of behavior is Saturn Systems Inc. exhibiting?
a. unethical
employees work 15-hour shifts, areexposed to toxic chemicals, and are forced to work overtime. What type ofbehavior is Saturn Systems Inc.
which is headquartered in the United States?This company's behavior is unethical. In the globalized world, it is natural for transnational firms to direct their production structure to countries where labor is cheaper, as this makes their product more competitive in the international market. However, these firms must not take advantage of regulatory failures in the labor market in these countries to increase their profit. Every firm must be concerned and ensure that the physical integrity and health of employees who work on its plants is preserved, regardless of location. Thus, in order to act ethically, this firm should implement process improvements to minimize the exposure of employees to chemical agents and to inhibit the exploitation of the labor that occurs when employees work in excess and without being paid for overtime.
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The pay-as-you-go model is ______. Multiple choice question. becoming increasingly niche gaining momentum difficult to apply outside its traditional functions dying out
There are different strategies. The pay-as-you-go model is gaining momentum.
What is the pay as you go business model?The pay-as-you-go business model is known to be a model that helps consumers to make a kind of one-time purchase of a product or service without subscribing for a regular payment for that product.
This business model is seen and used in many firms, such as telecommunications, advertising, software-as-a-service and others.
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Some argue that an increased money supply in the economy will increase inflation. However, the Fed argues that other pressures are driving down inflation, including a high unemployment rate (9. 6% at the time of the Fed's announcement) and a downturn in the real estate market and manufacturing output. Given these competing viewpoints, what would your recommendation be for enacting a sound monetary policy of promoting stable economic growth, maximizing employment, and stabilizing prices?
Promoting stable economic growth, maximizing employment, and stabilizing prices are key objectives of monetary policy. However, in the given scenario, where there are competing viewpoints on the relationship between increased money supply and inflation, it is important to carefully consider the available evidence and weigh the potential trade-offs. In this analysis, we will explore the factors influencing inflation and provide a recommendation for enacting a sound monetary policy.
Explanation:
Consider the relationship between money supply and inflation: It is true that an increased money supply can potentially lead to inflation. When there is more money in the economy, people have more purchasing power, which can drive up demand for goods and services, causing prices to rise. However, the direct relationship between money supply and inflation is not always straightforward and can be influenced by various other factors.Assess the impact of unemployment rate: The high unemployment rate indicates a significant amount of unused resources in the economy, including labor. During periods of high unemployment, there is typically downward pressure on wages and overall consumer spending, which can counteract the inflationary effects of increased money supply. In this case, the high unemployment rate may be acting as a mitigating factor against inflationary pressures.Consider the impact of the real estate market and manufacturing output: The downturn in the real estate market and manufacturing output can also have deflationary effects on the economy. A decrease in housing prices and reduced manufacturing activity can lead to lower overall consumer spending and reduced demand, which can further counterbalance any potential inflationary pressures.Evaluate the overall economic conditions: It is essential to assess the broader economic conditions, including economic growth, fiscal policies, international trade, and financial stability. These factors can influence the effectiveness of monetary policy and its impact on the desired objectives of stable economic growth, employment, and price stability.Recommendation:
Based on the competing viewpoints and the given economic conditions, the recommendation for enacting a sound monetary policy would be to maintain a cautious and balanced approach. This entails monitoring the inflationary pressures closely while considering the deflationary factors in the economy. The Federal Reserve should continue to assess the effectiveness of its policies and make adjustments as necessary to promote stable economic growth, maximize employment, and stabilize prices.
Gradual adjustment of the money supply: The Federal Reserve should be cautious in managing the money supply, considering the potential inflationary risks. A gradual increase in the money supply can help support economic growth and employment while minimizing the inflationary impact.Targeted interventions: The Federal Reserve can use targeted interventions to address specific sectors or areas experiencing deflationary pressures. This may include providing liquidity support to the real estate market or implementing measures to stimulate manufacturing output.Coordination with fiscal policy: Collaboration between monetary and fiscal authorities is crucial in achieving the desired objectives. Coordinated efforts can help create a conducive environment for stable economic growth, employment, and price stability.Continuous monitoring and adjustment: It is essential for the Federal Reserve to continuously monitor economic indicators, including inflation, unemployment, and other relevant factors. Regular assessments will allow for timely adjustments to monetary policy to ensure its effectiveness in achieving the desired objectives.Conclusion:
In conclusion, enacting a sound monetary policy to promote stable economic growth, maximize employment, and stabilize prices requires careful consideration of the factors influencing inflation and the overall economic conditions. By maintaining a cautious and balanced approach, considering the impact of unemployment, the real estate market, and manufacturing output, and coordinating with fiscal policies, the Federal Reserve can work towards achieving these objectives while managing potential inflationary pressures. Regular monitoring and adjustment of monetary policy are essential to respond effectively to changing economic conditions and maintain a stable and resilient economy.
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nal Accounts Section Sales Cost of sales Rent income Interest on fixed deposit Directors' fees Salaries and wages Bad debts Audit fees Bank (ts) Advertising Consumable stores A. Sundry expenses Ordinary share dividends ADJUSTMENTS AND ADDITIONAL INFORMATION: 750 000 15 450 000 1 230 000 1315 150 24 000 147 600 975 000 80 800 560 000 368 20 Selling prices are determined by using a mark-up of 40% on cost Note: Trade discounts of R130 000 were allowed to special customers the financial year. in me paffo Sales. How are sales calculated
The overall sales for the fiscal year are 21,500,000, according to the information provided.
What is the fiscal year?A fiscal year is a 12-month period used by businesses and governments for financial reporting and budgeting purposes. It does not necessarily coincide with the calendar year and can start on any date. The fiscal year is used to report financial results and tax obligations to the government, and it is important to follow it accurately to ensure that all financial reporting is consistent and accurate.
Based on the information provided, the total sales can be calculated as follows:
The total cost of sales = 15,450,000
Markup on cost = 40%
Total markup = 40% of 15,450,000
= 6,180,000
The total cost of goods sold (COGS) = Total cost of sales + Total markup
= 15,450,000 + 6,180,000
= 21,630,000
To calculate the total sales, we need to subtract any discounts given to customers from the COGS:
Total sales = Total cost of goods sold - Trade discounts
= 21,630,000 - 130,000
= 21,500,000
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temple trucking co. just hired ed rosenthal to verify daily invoices and accounts payable. he took 9 hours and 23 minutes to complete his task on the first day. prior employees in this job have tended to follow a 90% learning curve.
With a 90% learning curve, Ed Rosenthal is expected to take less time to complete the task on subsequent days. The specific time estimates for each day can be calculated using the method described above.
The concept of a learning curve suggests that as individuals gain experience in a particular task, they become more efficient and require less time to complete it. In this case, Ed Rosenthal took 9 hours and 23 minutes to complete his task on the first day. Considering a 90% learning curve, we can estimate the time it will take him to complete the task in the future.
To calculate this, we need to determine the learning curve factor. The learning curve factor is obtained by subtracting the learning curve percentage (90%) from 100% and converting it to a decimal (0.1). This factor represents the rate of improvement per unit of experience.
Next, we can calculate the time it will take for Ed to complete the task on subsequent days. We assume that the learning curve applies equally to each subsequent day. By multiplying the time taken on the first day by the learning curve factor (0.1) and subtracting it from the initial time, we can find the estimated time for each subsequent day.
In conclusion, with a 90% learning curve, Ed Rosenthal is expected to take less time to complete the task on subsequent days. The specific time estimates for each day can be calculated using the method described above.
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Sylvester is 57 and his company is downsizing. He knows that his position is one that will be cut so he has started to prepare his resume to look for a new job. Hunter tells him not to bother, as he will not get another job, at least not one that is equivalent to his current job. He tells Sylvester that things have changed since Sylvester went to college and that he couldn’t realistically offer too much in the workforce today. Hunter is demonstrating a(n)
Answer:Age Stereotype
Explanation:
The free rider problem refers to people who
A for efficiency's sake, should be allowed to consume public goods (such as mass transit)
even if they do not pay.
B. are not willing to pay for a public good because they lack information about its potential
B benefits.
C) will only consume a public good if it is free.
D. will not voluntarily pay for a public good even though they would benefit from its
provision
The free-rider problem pertains to individuals who do not willingly pay for a public good, yet stand to gain from its provision. Therefore, option D is the correct answer.
The free-rider problem arises in the context of public goods, which are non-excludable (everyone can use them) and non-rivalrous (one person's use doesn't prevent another's). The problem occurs when individuals, realizing they can benefit from a public good without paying for it, decide not to contribute to its costs. They 'free ride' on the contributions of others. This can lead to underprovision of the good, as there's a lack of incentive for individuals to pay if they can benefit without doing so. This problem often necessitates government intervention to ensure sufficient provision of the public good.
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Peter is planning his finances for the next couple of years. He wants to save money to eventually buy a house because he will be getting married
soon. He has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down payment
for a house. At which phase of the financial life cycle is Peter in?
Peter is in the________
phase of the financial life cycle.
Fill in the blank
Answer:
Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer
Explanation:
Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer
Which sentences identity the investing activities of a cash slow statement?
Tyler Enterprises has achieved remarkable growth in the past five years. Qualified accountants have prepared and analyzed the cash flow statement to
offer financial advice to help safeguard the future of the business. It includes details of the amount of cash flowing into and out of the business. The
statement begins with the amount of revenue that the sales team has brought in. It also involves the corresponding marketing campaign costs incurred
in the promotional exhibition. The profit was declared to the shareholders in the form of dividends. The production team undertook projects that involved
installation of automatic botting machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project. The stakes of
an old division of packing material were sold off in order to concentrate solely on present business. Old investors were issued stocks when their
convertible bonds attained maturity. Some of the old machineries in the production line were sold off as scrap while rest was revamped
The sentences that identify the investing activities of a cash slow statement are - The production team undertook projects that involved installation of automatic botting machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project. The stakes of an old division of packing material were sold off in order to concentrate solely on present business. Some of the old machineries in the production line were sold off as scrap.
What are investing activities?Investing activities include the acquisition of physical assets, the purchase of securities, and the sale of securities or assets. Cash flow from investing activities includes long-term cash uses.
Negative cash flow from investing activities may not be a bad sign if management is investing in the company's long-term health.
Therefore, the sentences mentioned above identity the investing activities of a cash slow statement.
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Answer:
"The production team undertook projects that involved installation of automatic bottling machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project" and "Some of the old machines in the production were4 sold off as scrap while rest was revamped."
Explanation:
I got it right on plato
a significant limitation of the abc model is that the product costs computed will most likely be . multiple choice question. less accurate than those computed using a conventional system understated for purposes of decision making overstated for purposes of decision making
A significant limitation of the ABC model is that the product costs computed will most likely be: less accurate than those computed using a conventional system.
What is the ABC model?Activity-based costing is an accounting method that assigns overhead expenses to goods and services based on the activities they consume. ABC is a cost management method that calculates the cost and efficiency of each activity that constitutes a product or service to identify areas where cost savings can be made. While the activity-based costing system has some advantages, it also has some drawbacks. One of the disadvantages of ABC is that product costs calculated using it are typically less accurate than those calculated using traditional systems. Because ABC focuses on the identification of cause-and-effect relationships, there is a greater emphasis on tracing overhead expenses to individual products or services. The biggest disadvantage of activity-based costing is that it is more complex and difficult to comprehend than conventional methods.
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which is an effect of cultural differences on global trade?
Consumer buying behavior may be impacted by cultural variations, which may eventually increase a brand's chances for global trade. People communicate in a range of ways based on their cultural background.
What does "global trade" mean?Global commerce, which consists of the total import and exports of every participating country, is the exchange of products or services between nations. It is subject to the laws of supply and demand, and the price of any good or service offered is determined by these laws.
What are instances of global trade?Domestic customers now have access to foreign goods that local businesses could not otherwise create. Import, export, business, foreign investment, job outsourcing, and establishing production facilities abroad are all examples of global commerce.
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What is a command economy controlled by?
Command economy is controlled by the Central Government.
A command economy is a key aspect of a political system in which a central governmental authority dictates the levels of production that are permissible and the prices that may be charged for goods and services. Most industries are publicly owned. The main alternative to a command economy is a free market system in which demand dictates production and prices. The command economy is a component of a communist political system, while a free market system exists in capitalist societies.
In a command economy, the central government dictates the level of production of goods and controls their distribution and prices. Proponents of command economies argue government control rather than private enterprise can ensure the fair distribution of goods and services.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
To prevent loss of work on the computer, it is essential to:
A. file your document.
B. save your document frequently.
C. name your document frequently.
D. open your document
Answer:
B. save your document frequently
Explanation:
Saving your documents time to time will prevent loss of work on computer which could be possible due to different reasons like electricity off, some wiring issue or even hardware/software of computer could be hanged.
So saving frequently can save your work also it is best practice to save in different name so that older history is maintained.
New solution to these problems are using cloud based documents those auto save your work and also maintain history.
15. do you think too much, too little, or the right amount of attention is paid to stock indexes? why? can you think of a better metric that would better gauge the financial health of the us economy?
In my opinion, the right amount of attention is paid to stock indexes.
Stock indexes are important indicators of the market's overall performance, but they may not fully represent the financial health of the US economy. A better metric could be the GDP or the employment rate.
Stock indexes, like the S&P 500 or Dow Jones, are helpful tools to gauge the overall direction of the market and investor sentiment. However, they only represent a portion of the total companies in the economy and might be skewed towards certain industries or large corporations.
A more comprehensive metric to assess the financial health of the US economy could be the Gross Domestic Product (GDP), which measures the total value of goods and services produced in a country.
Another alternative could be the employment rate, which shows the percentage of the working-age population that is employed. Both GDP and employment rate give a broader perspective on the overall economic performance and well-being of the population, compared to stock indexes.
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A company database needs to store information about employees (identified by IDno, with salary and phone as details), departments (identified by dno, with dname and budget as details), and children of employees (with name and age as details). Employees work in departments; each department is managed by an employee; a child must be identified uniquely by name when the parent (who is an employee; assume that only one parent works for the company) is known. We are not interested in information about a child once the parent leaves the company. Draw an ER model that captures this information. The answer should also show clear entities, attributes, relationships, and possible cardinality
The ER model includes three entities: Employee (IDno, Salary, Phone), Department (dno, Dname, Budget), and Child (Name, Age). The relationships are: Employees work in departments (WorksIn, 1:1), each department is managed by an employee (Manages, 1:1), and an employee can have multiple children (HasChild, 1:N).
The ER model captures the information about employees, departments, and children in a concise manner. The Employee entity includes attributes such as IDno (employee identifier), Salary, and Phone. The Department entity includes attributes like dno (department identifier), Dname (department name), and Budget. The Child entity includes attributes Name and Age.
The relationships in the model are represented as follows:
1. Employees work in departments: This relationship (WorksIn) indicates that one employee works in one department (1:1 cardinality).
2. Each department is managed by an employee: This relationship (Manages) signifies that one employee manages one department (1:1 cardinality).
3. An employee can have multiple children: This relationship (HasChild) denotes that one employee can have multiple children (1:N cardinality).
The ER model diagram would visually represent these entities, attributes, relationships, and their respective cardinalities. It helps to understand the structure and connections between the entities in the database design.
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a parent loans $90,000 to its subsidiary on may 1 of the current year, at an annual interest rate of 2%. interest payments are due semiannually on october 31 and april 30 of each year. the accounting year ends december 31. the consolidation eliminating entries at year-end include a debit to loan payable in the amount of: select one: a. $91,800 b. $91,200 c. $90,300 d. $90,000
The answer is option c. $90,300, the consolidation eliminating entries at year-end include a debit to loan payable in the amount of 90,300$.
The short definition of a loanWhen money is provided to someone else with the understanding that it would be returned along with interest, this is referred to as a loan. Before evaluating whether or not to extend credit to a potential borrower, lenders will take into account their income, credit history, and level of debt.
What does the finance dictionary mean by loan?A loan is a financial product that enables a user to access a specific amount of money at the beginning of the transaction on the understanding that this amount, plus the agreed-upon interest, would be paid back within a predetermined time frame. Regular installments are made towards repaying the loan.
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