corporate social responsibility is generally good for sales because public opinion has begun to value sustainable and fair trade practices, but companies known for high csr tend to attract a lower caliber of employee. a majority of
Answers
Corporate social responsibility is generally good for sales. This is because public opinion has begun to value sustainable and fair trade practices.
CSR is a business model that encourages companies to be accountable to the public and the environment. This involves assessing and taking responsibility for a company's impact on the environment and society at large. This is good for sales as consumers are becoming increasingly aware of the impact their purchases have on the world around them.
Companies that practice CSR tend to attract more socially conscious customers who are willing to pay a premium for products and services that are produced sustainably and ethically. This can lead to increased sales and revenue. However, it is not true that companies known for high CSR tend to attract a lower caliber of employee. In fact, many studies have shown that companies that have a strong commitment to CSR tend to attract and retain top talent. This is because employees want to work for a company that shares their values and is committed to making a positive impact on the world.
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Related Questions
COMMON MEASURE OF WHAT SOMETHING IS WORTH OR WHAT SOMETHING COSTS
Answers
Answer:
price. is the answere I am almost certain
Liang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows.
Year 1:
Sold $1,346,200 of merchandise (that had cost $976,400) on credit, terms n/30.
Wrote off $20,700 of uncollectible accounts receivable.Received $670,500 cash in payment of accounts receivable.
In adjusting the accounts on December 31, the company estimated that 2.00% of accounts receivable would be uncollectible.
Year 2:
Sold $1,599,900 of merchandise (that had cost $1,304,800) on credit, terms n/30.
Wrote off $28,300 of uncollectible accounts receivable.
Received $1,219,300 cash in payment of accounts receivable.
In adjusting the accounts on December 31, the company estimated that 2.00% of accounts receivable would be uncollectible.
Required:
Prepare journal entries to record Liang’s Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense.
Answers
Answer:
General Journal
Debit
Credit
a(1)
Accounts receivable
$1,349,100
Sales
$1,349,100
a(2)
Cost of goods sold
$977,100
Merchandise inventory
$977,100
b
Allowance for doubtful accounts
$18,100
Accounts Receivable
$18,100
c
Cash
$669,200
Accounts Receivable
$669,200
d
Bad Debt
Expense
[Refer working note 1]
$35,307
Allowance for doubtful accounts
$35,307
e(1)
Accounts receivable
$1,514,600
Sales
$1,514,600
e(2)
Cost of goods sold
$1,299,000
Merchandise inventory
$1,299,000
f
Allowance for doubtful accounts
$26,700
Accounts Receivable
$26,700
g
Cash
$1,110,700
Accounts Receivable
$1,110,700
h
Bad Debt
Expense
[Refer working note 2]
$36,507
Allowance for doubtful accounts
$36,507
.
.
Working note 1 - Computation of bad debt expense for the
year 1
Accounts receivables beginning balance
$0
Add: Credit sales
$1,349,100
Less: Collections
($669,200)
Less: Write-off's
($18,100)
Accounts receivables ending
balance
(a)
An auditor may decide to increase the risk of incorrect rejection when:
A.) Increased reliability from the sample is desired
B.) Many differences are expected
C.) Initial sample results do not support the planned level of control risk
D.) The cost and effort of selecting additional items is low
Answers
An auditor may decide to increase the risk of incorrect rejection when Increased reliability from the sample is desired Option A is correct answer.
The risk of incorrect rejection, also known as the risk of assessing control risk too high, refers to the possibility that the auditor concludes that controls are not effective when they actually are. There are certain situations where an auditor may intentionally choose to increase this risk:
One such situation is when increased reliability from the sample is desired. By increasing the risk of incorrect rejection, the auditor may choose a larger sample size or select items with higher monetary values to obtain more reliable evidence about the effectiveness of controls.
Another situation is when many differences are expected. If the auditor anticipates that a large number of errors or discrepancies are likely to be present, intentionally increasing the risk of incorrect rejection allows for a more thorough examination of the population, increasing the chances of detecting those errors.
Additionally, if the initial sample results do not support the planned level of control risk, the auditor may decide to increase the risk of incorrect rejection. This allows for a more comprehensive evaluation of controls to mitigate the risk of overlooking significant control deficiencies.
Lastly, when the cost and effort of selecting additional items is low, the auditor may choose to increase the risk of incorrect rejection as it becomes more feasible to expand the sample size and gather additional evidence.
In summary, an auditor may increase the risk of incorrect rejection in situations where increased reliability from the sample is desired, many differences are expected, the initial sample results do not support the planned level of control risk, or the cost and effort of selecting additional items is low. These decisions are made to enhance the effectiveness and thoroughness of the audit procedures performed.
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Which customer is an internal customer of Eureka Computer Solutions?
A.
Adrian, a regular buyer of products sold by Eureka Computer Solutions
B.
Beth, a first-time buyer of a product sold by Eureka Computer Solutions
C.
Layla, a software engineer employed by Eureka Computer Solutions
D.
Nowzer, a sales distributor for Eureka Computer Solutions
E.
Jessica, a prospective customer for Eureka Computer Solutions
Answers
Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.
Who is an internal customer?For a company, an internal customer is the one who has direct relationship with the company hence dependent on them.
Hence, Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.
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why are medical related professions and human resources important?
Answers
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
Carl, a partner at Bacrabs, an advertising agency, plans to open a branch of the agency in his hometown. He understands that the human resource (HR) requirements of the new branch would differ from that of its main office because of the differences in the nature and volume of work. Hence, he decides to examine what needs to be done in each position in the new branch according to the nature and volume of work. In the context of HR planning, which of the following concepts does this scenario best illustrate?
A. Internal recruitment
B. Management development
C. Employee selection
D. Job analysis
Answers
Answer:
D.
Explanation:
In Human Resource management, the term Job Analysis refers to process of analyzing and collecting the information of requirement and responsibility of a job. One of the duty of an HRM is to analyze the responsibilty that a job would require. It helps in identifying and studying the nature of a job and the right person to fill that position.
In Job analysis scenario, HRM is able to form what level of experience would a person need to have for the job, and necessary skills and knowledge that's required. HR in Job analysis is able to differ from the nature and volume of work.
So, the correct answer would be option D in the given scenario. It is because Carl is examining and analyzing the nature of new branch that would be different from its main office.
At the end of Year 1, Schule Company incorrectly recorded notes payable as accounts payable. The error was discovered during Year 3. The company’s Year 3 annual report includes comparative financial statements covering Years 2 and 3. The company should: (Select all that apply.)
Check All That Apply
a) Record a journal entry to correct the notes payable and accounts payable balances.
b) Retrospectively restate the Year 2 balance sheet to reflect the correction.
c) Report the correction as a prior period adjustment to the beginning balance of retained earnings reported for Year 2.
d) Include the nature of the error in a disclosure note.
Answers
To address the issue of Schule Company incorrectly recording notes payable as accounts payable at the end of Year 1, the company should record a journal entry to correct the notes payable and accounts payable balances, retrospectively restate the Year 2 balance sheet to reflect the correction; and include the nature of the error in a disclosure note. Therefore, the correct option is A, B, and D.
It is given that at the end of Year 1, Schule Company incorrectly recorded notes payable as accounts payable and the error was discovered during Year 3. The company’s Year 3 annual report includes comparative financial statements covering Years 2 and 3. The company should:
a) Record a journal entry to correct the notes payable and accounts payable balances. This is necessary to properly classify the liabilities and ensure that the financial statements accurately reflect the company's obligations.
b) Retrospectively restate the Year 2 balance sheet to reflect the correction. This allows for the presentation of comparative financial statements for Years 2 and 3 that are consistent and accurately represent the financial position of the company.
d) Include the nature of the error in a disclosure note. This is important for transparency and to provide context for users of the financial statements, allowing them to understand the reason for the restatement and the impact on the financial position.
It is not necessary to perform option c) as the error does not impact retained earnings. Since the error was discovered during Year 3 and only affects the classification of liabilities, retained earnings would not be affected by this correction. Hence, the correct answer is option A, B, and D.
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applied overhead at a rate equal to 135 percent of direct labor cost. completed jobs costing $262,950. sold jobs costing $323,470. recorded sales revenue (on account) of $509,000. required: 1.
Answers
The applied overhead cost for completed and sold jobs with a direct labor cost of $150,000 and an applied overhead rate of 135% is $202,500 each, making the total applied overhead cost $405,000.
If the direct labor cost for both completed and sold jobs is $150,000, and the applied overhead rate is 135%, we can calculate the applied overhead cost for the completed and sold jobs as follows:
Applied overhead cost for completed jobs = 135% x $150,000 = $202,500
Applied overhead cost for sold jobs = 135% x $150,000 = $202,500
Therefore, the total applied overhead cost for both completed and sold jobs is $405,000 ($202,500 + $202,500).
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The complete question is :
How much is the applied overhead cost for the completed and sold jobs if the direct labor cost is $150,000 and the applied overhead rate is 135%?
drawing increase the investment of the owner true or false
Answers
pretty sure this is correct lol
If a consumer who is trying to decide between alternatives believes that a particular brand delivers acceptable product performance and can be shortlisted, she is in the ________ level of the BrandDynamics Pyramid.
A) presence
B) relevance
C) performance
D) advantage
E) bonding
Answers
The correct answer is C) performance. In the BrandDynamics Pyramid, the performance level is where a consumer believes that a particular brand delivers acceptable product performance and can be shortlisted.
At this level, the brand has met the basic needs and requirements of the consumer but has not yet developed a strong emotional connection or loyalty.
If a consumer who is trying to decide between alternatives believes that a particular brand delivers acceptable product performance and can be shortlisted, she is in the C) performance level of the BrandDynamics Pyramid.
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Dakota earns $8.70 an hour for 37
Per month
hour week. How much is earned per week?
Answers
Answer:
$321.90
Explanation:
a decline in the value of the u.s. dollar will likely result in an increase in the —
Answers
A decline in the value of the U.S. dollar will likely result in an increase in the collection of accounts receivable from U.S.
What is a Currency depreciation?In context of U.S. dollar, currency depreciation refers to the decline in value of the dollar relative to another currency. The most basic monetary policy by the Fed can weaken the dollar when investment capital flees the U.S. as investors search elsewhere for higher yield.
Today, the main culprit for dollar declining in value was inflation data which showed that prices of things like airfares, used cars, and clothes were falling, laying the foundation for the Federal Reserve to slow its pace of interest-rate increases.
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What is a feature of a meeting but not of a lecture?
O Attendees learn things
O A start and end time are required
O Planning is required
O Attendees actively participate
Answers
Answer:
Planning is required.
Explanation:
The feature that is not of a lecture but of a meeting is the requirement of planning.
Planning can be defined as a process of thinking of such schemes or projects that will help to achieve the goals. To achieve goals, the first step that is required is to plan.
Planning is a feature of a meeting, as a meeting is held with a purpose to reach a goal. Whereas, lecture does not require planning. Lecture is held with a purpose to inculcate lesson or teaching.
Therefore, the correct answer is option C.
Answer:
The answer above is incorrect. The correct answer is D. Attendees actively participate
Explanation:
Did it on edge 2021
diamond dresses began the year with a balance of $424,000 in retained earnings. during the year, the company had net income of $111,000 and declared no dividends. (a) calculate the ending balance of retained earnings. (b) now assume the company declared dividends of $22,000. calculate the ending balance of retained earnings.
Answers
If diamond dresses began the year with a balance of $424,000 in retained earnings. the ending balance of retained earnings is: $535,000, $513,000.
How to find the Ending balance of retained earnings?a. Ending balance of retained earnings
Ending balance of retained earnings = Beginning balance of retained earnings + Net income
Ending balance of retained earnings = $424,000 +$111,000
Ending balance of retained earnings =$535,000
b. Ending balance of retained earnings
Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend
Ending balance of retained earnings = $424,000 +$111,000 -$22,000
Ending balance of retained earnings =$513,000
Therefore the ending balance of retained earnings is $535,000 and $513,000.
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Putting Mexican farmers out of work was an unintended consequence of the North American Free Trade Agreement. This is an example of ________.
O the iatrogenic effectO social justiceO one would have a college educationO the atrocities of World War II
Answers
Putting Mexican farmers out of work as an unintended consequence of the North American Free Trade Agreement (NAFTA) is an example of the iatrogenic effect.
The iatrogenic effect refers to the unintended harmful consequences of an intervention or policy that is supposed to be beneficial. In this case, NAFTA was designed to promote free trade and economic growth between the United States, Canada, and Mexico. However, the removal of trade barriers resulted in a flood of cheap agricultural imports from the United States that undercut the prices of locally produced goods in Mexico. This led to a significant decline in the income and livelihoods of Mexican farmers who could not compete with subsidized American agricultural products.As a result, many Mexican farmers were forced to abandon their land and migrate to cities or to the United States in search of work. This unintended consequence of NAFTA had a devastating impact on the Mexican rural economy and the livelihoods of millions of people. It highlights the need for policymakers to carefully consider the potential unintended consequences of their policies and interventions before implementing them. Social justice and the atrocities of World War II are not relevant to this particular example. Having a college education may provide individuals with the skills and knowledge to analyze and address such issues, but it is not directly related to this case of the iatrogenic effect of NAFTA.For more such question on iatrogenic effect.
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What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answers
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
Which item is important to consider when selecting a
credit card?
Annual Percentage Rate (APR)
Fees
The look of the credit card
th
Both APR and fees
Answers
Answer:
Both APR and fees
Explanation:
The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.
Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card. Customers should compare different credit card companies and select one with favorable fees.
1. how many members participate in h&m’s loyalty program worldwide?
Answers
Answer:
H&M now has over 100 million members.
Explanation:
hope it can help
Identify, describe, and analyze various sustainable practices that could be employed by recreational areas and facilities.
Answers
The sustainable practices that could be employed by recreational areas and facilities are they may include improving the air and water quality in the community and reducing the agency's impact on the environment such as using fuel-efficient vehicles and reducing the use of pesticides.
What are sustainable practices?Sustainable practices support ecological, human, and economic health and vitality. Sustainability presumes that resources are finite, and should be used conservatively and wisely with a view to long-term priorities and consequences of how resources are used.
In simplest terms, sustainability is about our children and our grandchildren, and the world we will leave them.
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Kate likes to draw and is quite good at it. She's also enjoyed photography classes and has a good eye. While she loves her artwork, she is looking for a stable career option. Which career should she choose and why?
Answers
Answer:
food
Explanation:
because
Answer:
peeee
Explanation:
peeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
you are in an car crash
The word is CAR.................
WHERE ARE YOU?
WHERE IS THE CAR LOCATED?
WHAT COLOR IS?
WHO IS WITH YOU?
HOW DID YOU ARRIVE AT YOUR DESTINATION?
WHERE WERE YOU TRYING TO GO?
ARE YOU INJURED?
IS ANYONE ELSE INJURED?
HOW ARE YOU FEELING?
IS IT DAYTIME OR NIGHT TIME?
DOES THE CAR BELONG TO YOU?
HAVE THE POLICE BEEN CALLED?
ANY CHILDREN OR PARENTS AROUND?
HOW ARE THEY REACTING?
Answers
Answer:
ayudaaaáaaaaaaaaaaaaaaaaaaaaaaaaaa
On March 17th, Rollo's Antiques accepted a credit card for a $1,000 purchase. The credit card company charges a 2% service fee. The entry to record this transaction would include a A : credit to Service Charge Expense of $20. B : debit to Cash of $1,000. C : debit to Service Charge Expense of $20. D : credit to Cash of $980.
Answers
Answer:
C : debit to Service Charge Expense of $20
Explanation:
The complete journal entry used to record this transaction would be:
March 17, 202x, sales revenue
Dr Cash 980 (assuming the transaction is processed automatically)
Dr Service charge (or Credit card) expense 20
Cr Sales revenue 1,000
Since the credit card company is charging you a 2% commission ($20), we must consider it an expense. Remember that all expenses must be debited.
You bought 100 shares of stock at $15 per share. You sold your 100 shares at $21.75 per share. Calculate your percentage of gain. a) 18% b) 21% c) 31% d) 45%
Answers
Answer:
45%
Explanation:
2175-1500=675
675/1500=.45 or 45%
A diversified company has a parenting advantage when it Multiple Choice results in supporting short-term economic shareholder value. avoids acquiring undervalued companies and thus reduces risks. is more able than other companies to create positive collaboration within its portfolio for different specialty groups and geographic locations. is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions. manages a set of fundamentally similar business operations inside fundamentally similar industries and environments.
Answers
Answer: is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions
Explanation: The parenting advantage is simply held by that company or organization who thrives more than it's competitors using strategic implementation and adding value to its individual operations in other to facilitate the performance of the company's businesses. Being able to outperform competitiors require high-level guidance and corporate strategy which involves the implementation of a well-defined blueprint designed through high level expertise capable aiding performance and value.
What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovation ideas payment terms.
Answers
The things which people who are taking out a mortgage must agree to are:
A loan amount, Interest ratePayment termsAccording to the given question, we are asked to state the things which people who are taking out a mortgage must agree to and why they are essential for obtaining this loan.
As a result of this, we can see that when a person is taking out a mortgage loan, then he is expected to agee on the loan amount, the interest rate and the payment terms.
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Answer:
A loan amount,
Interest rate
Payment terms
Explanation:
Benefits of internal control system in auditing
Answers
An internal control system is a crucial component in ensuring the accuracy and integrity of financial information.
It is a process that helps an organization achieve its goals by safeguarding its assets, ensuring compliance with laws and regulations, and promoting efficient operations. The benefits of implementing an internal control system in auditing are numerous.
Firstly, an internal control system helps to detect and prevent errors and fraud in financial transactions. This is important because it helps to maintain the integrity of financial records, which in turn helps to build trust and confidence in the organization.
Secondly, an internal control system helps to improve the efficiency of operations. This is achieved by ensuring that the processes and procedures are followed consistently, which minimizes errors and delays. Thirdly, an internal control system helps to ensure compliance with laws and regulations.
This is important because non-compliance can result in penalties, fines, and even legal action. Overall, an effective internal control system is critical in ensuring the accuracy and reliability of financial information. It helps to detect and prevent errors and fraud, improves operational efficiency, and ensures compliance with laws and regulations.
Implementing an internal control system is a worthwhile investment for any organization that wants to safeguard its assets and maintain the trust of stakeholders.
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You are taking a $5000 loan. You will pay it back in four equal amounts, paid every 6 months starting 5 years from now. The interest rate is 12% compounded semiannually. Calculate: The effective interest rate The amount of each semiannual payment The total interest paid
Answers
Answer:
Following are the solution to the given point:
Explanation:
Calculating the value of the effective interest rate:
Formula:
\(\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}\)
\(=\frac{12}{2} \\\\ =6\%\)
Calculating the value of Effective annual rate of interest:
\(=(1+ \text{The effective rate})^{\text{(compound number )}} -1\)
\(=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%\)
Calculating the Amount in each semiannual payment:
\(= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85\)
Calculating the value of the total interest paid:
\(= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40\)
which statement most accurately depicts the process of recording gain or loss for bonds redeemed?
Answers
A gain is recorded for bonds redeemed prior to the maturity date when the carrying value of the bonds is more than the redemption price of the bonds, accurately depicts the process of recording gain or loss for bonds redeemed.
The period of time that an investment will be subject to interest payments is known as the term to maturity of a bond. Principal is repaid when a bond approaches maturity. The time until a bond's owner receives interest payments on their investment is known as the bond's term to maturity.
When the bond matures, the owner is given a payout equivalent to its face value. Depending on whether the bond contains a put or call option, the term to maturity may alter. The interest rate on the bond will typically increase as the period to maturity lengthens, and its price on the secondary bond market will become less volatile.
Option B is the correct answer.
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The complete question is, "Which statement most accurately describes the process of recording a gain for bonds when they are redeemed before the maturity date?
A. A gain is recorded for bonds redeemed prior to the maturity date when the carrying value of the bonds is less than the face value of the bonds.
B. A gain is recorded for bonds redeemed prior to the maturity date when the carrying value of the bonds is more than the redemption price of the bonds.
C. A gain is recorded for bonds redeemed on the maturity date when the carrying value is more than the face value of the bonds.
D. A gain is recorded for bonds redeemed prior to the maturity date when the face value of the bonds equals the carrying value of the bonds."
7. TRUE/FALSE. Avantika has been a bookkeeper for a small chain of hardware sitores for nearly five years. Six months ago, her manager retired, and a new manager was brought in. The new manager routinely asks Avantika for information and advice about how to interpret the information she records. Avantika's experience as a bookkeeper means she is qualified to provide this type of advice. 8. True/False. Erica is a recent HR hire for a security firm. Her supervisor was impressed with Erica's knowledge of current laws with respect to hiring practices but asked her to quickly get up to speed on compensation and training laws. This is a reasonable request if Erica plans to stay in the HR field.
Answers
According to the question 7. False. Bookkeeping experience ≠ qualification for providing advice on information interpretation. 8. True. It's reasonable for Erica to quickly learn about compensation and training laws as an HR hire.
7. False. While Avantika has experience as a bookkeeper, it does not necessarily make her qualified to provide advice on interpreting information. Expertise in bookkeeping may not extend to broader managerial decisions or interpreting financial data beyond her scope of work.
8. True. It is a reasonable request for Erica's supervisor to ask her to quickly familiarize herself with compensation and training laws if she plans to stay in the HR field. As an HR professional, it is important for Erica to have a comprehensive understanding of various aspects of HR, including different areas of employment law, to effectively perform her job duties.
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Place the steps in order for inserting a video link into a document.
Place the cursor at the
insertion point
Click the Online Video
button
Preview the video before
saving the document
Click Insert tab
Search for and select the
video
Answers
Choose Online Video from the ribbon's Insert tab. Insert the URL you copied in step 2 into the Insert Video dialog box. Choose Insert.
What actions are required to add a hyperlink to a document?Make a link to a specific web page.
The text or image that you want to appear as a hyperlink should be selected. Input Ctrl+K. You may also choose Link from the shortcut menu by right-clicking the text or image and selecting it.
What is the best way to add a video to a Word document?
Add a video, sound, or movie to Microsoft Word, PowerPoint, or Excel.
Click Object from the Insert menu, then select the Create from File tab.
Locate the movie (or sound wave) you wish to insert by clicking Browse and then browsing.
Choose a movie (video clip or sound wave)
Press Insert.
Double-click a media file's icon to start playing it.
Select OK.
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