Answer:
low-learning products
James Rome, a California CPA practicing in California, is a sole practitioner who has his office in San Diego. James provides various bookkeeping, accounting, payroll, and tax services to
about 50 small business clients. Mary is an assistant to James and is the only employee of the firm. Which of the following is a proper form of notice to his clients regarding James' status as a Certified Public Accountant in the State of California?
A) Displaying the certificate of licensure issued by the Board in the office or the public area of the premises where the licensee provides the licensed service.
B) Any method of written notice, including a written notice that is electronically transmitted or a written notice posted at an Internet Website.
C) Providing a statement to each client to be signed and dated by the client and retained in that person's records that states the client understands the person is licensed by the California Board ofAccountancy.
D) All of the above.
E) Both a. and c. but not b.
The proper form of notice to clients regarding his status as a Certified Public Accountant in the State of California is D. All of the above.
How is a Certified Public Accountant in the State of California to notify clients?In the state of California, a Certified Public Accountant has several ways that they are allowed to notify their clients of their status and one of them is that they are to display the certificate of licensure issued by the Board of Accountants in California in their office or in a public place.
They can also use a handwritten notice and handwritten notices on their website or transmitted electronically also suffice. The clients can also sign and date a statement from James and in these records, the client agrees that they understand the licensing of the James by the California Board of Accountancy.
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____ is all about finding, targeting, attracting, and connecting with the right customers?
Answer:
Marketing
Explanation:
Marketing is all the activities of interesting customers with specific products or services. Marketing is a process that includes research, promotion, selling, and distribution of goods and services. Marketing facilitates trade by highlighting to customers products that add value to their lives.
Through marketing, a business captures the attention of its target clients. Marketing creates excitement in potential customers, resulting in a company attracting and acquiring new clients.
what type of asymmetric information is this? adverse selection screening signaling moral hazard assuming the insurance company either never discovers the deception or that it cannot change the policy after discovering the deception, what is the result? the rest of the insured cover the cost. the market unravels. the company would not accept the application. no effect insurance premiums become relatively cheaper.
1. Option A. The type of information asymmetry that we have in the case here is what is called adverse selection
2. Option C. Assuming the insurance company either never discovers the deception or that it cannot change the policy after discovering the deception, the result would be that The rest of the insured cover the cost.
What is information asymmetry?Asymmetric information, commonly referred to as "information failure," is when one party to an economic transaction has more in-depth knowledge of the relevant subject matter than the other party. This often occurs when the seller of a good or service has more expertise than the buyer, but the dynamic can also work in reverse. Information asymmetries are present in almost all economic transactions.
When one party to a transaction has access to more information than the other, this situation is referred to as having asymmetric information.
Because there is asymmetry of information in some transactions, where the vendor knows more about the good being sold than the buyer, sellers may exploit purchasers. The opposite is also sometimes true.
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Question
A chronically ill person opts to purchase health insurance without disclosing his or her illness.
What type of asymmetric information is this?
adverse selection
signaling
screening
moral hazard
2. Assuming the insurance company either never discovers the deception or that it cannot change the policy after discovering the deception, what is the result?
Insurance premiums become relatively cheaper.
The company would not accept the application.
The rest of the insured cover the cost.
no effect
The market unravels.
A company reported that its bonds with a par value of $50000 and a carrying value of $66.500 are retired for $71,400 cash, resulting In a loss of $4,900. The amount to be reported under cash flows from financing activities is: a. $(71,400). b. $(16,500). c. $(66,500). d. $16,500. e. $(4,900).
The correct answer is (a) $(71,400).
When a company retires bonds, cash flows from financing activities will be affected. Bonds with a par value of $50,000 and a carrying value of $66,500 were retired for $71,400 cash, resulting in a loss of $4,900.
The company will report cash flows from financing activities of $(71,400). This is calculated by subtracting the carrying value of the bonds ($66,500) from the amount received for the retirement of the bonds ($71,400). The loss of $4,900 is not reported in the statement of cash flows.
The other answer choices are incorrect because:
- (b) $(16,500) is incorrect because it is the difference between the par value of the bonds ($50,000) and the cash received for the retirement of the bonds ($71,400).
- (c) $(66,500) is incorrect because this is the carrying value of the bonds, which was not reported in the statement of cash flows.
- (d) $16,500 is incorrect because it is the difference between the cash received for the retirement of the bonds ($71,400) and the par value of the bonds ($50,000).
- (e) $(4,900) is incorrect because this is the amount of the loss that was not reported in the statement of cash flows.
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During an event, the primary exchange that occurs between the fan and the event is
answer choices
a. money
b. tickets
c. entertainment
d. engagement
During an event, the primary exchange that occurs between the fan and the event is engagement. This exchange usually involves a two-way process between the fans and event planners, creating a direct connection between the two.
Such a connection is usually through a series of experiences shared between the event and its participants.Apart from money and tickets, fans receive an immersive and memorable experience, which makes them feel engaged and connected to the event. To create this engagement, event planners have to create an environment that keeps fans entertained, informed, and excited throughout the event. Event organizers use various strategies to make fans feel engaged, such as interactive sessions, social media, games, and contests.
These strategies aim to create an emotional connection between the fans and the event, encouraging more participation and loyalty from the fans, which will lead to increased revenue.Overall, the primary exchange that occurs between fans and events is engagement, as fans expect to receive a memorable and immersive experience from the event planners. This connection can encourage more participation from fans, leading to increased revenue and a successful event.
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Do you think it is fair for dealers to charge you more for a car they pay the manufacturer
Answer:
I dont think they should charge more
Explanation:
Answer:
In my opinion, No,
But this occurs only when demand is so high that dealers aren't struggling to make a sale, and it generally indicates that an MSRP is too low. In the rare case that dealers can't restock a particular vehicle fast enough, it's perfectly legal (and a savvy business decision) to charge more than the MSRP.
I hope this helps.
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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What do you think has to be improved in order to keep the Philippines' computer and electronics industries at the top, given their rising economies? Elaborate your answer.
The Philippines' computer and electronics industries have been booming lately due to the country's growing economy. However, there are still some areas that need to be improved to ensure their continued success and growth such as Infrastructure and Logistics, Human Resource Development, Research and Development, and Intellectual Property Protection.
The Philippines' computer and electronics industries can improve in the following areas:
1. Infrastructure and Logistics- The country's infrastructure and logistics systems are outdated and in dire need of improvement. One of the biggest challenges faced by the computer and electronics industries is the lack of reliable and efficient transportation systems. This issue can be addressed by investing in modern and efficient infrastructure, such as ports, airports, and highways.
2. Human Resource Development- The computer and electronics industries require a highly skilled workforce. The country's education system must provide relevant and up-to-date training to students to ensure they are equipped with the necessary skills. The government and the private sector should work together to invest in vocational training programs to address the skills gap.
3. Research and Development- Investing in research and development is crucial to the success of the computer and electronics industries. The government should provide incentives to encourage private companies to invest in research and development. The private sector should also work together to form partnerships and collaborations with academic institutions to promote research and development.
4. Intellectual Property Protection- Intellectual property protection is crucial for the computer and electronics industries. The government should ensure that there are effective laws and regulations in place to protect intellectual property rights. This will encourage foreign investors to invest in the country's computer and electronics industries, which will help boost the industry's growth.
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A strength of generation x managers is likely to be their multiple choice loyalty to the firm. individualistic approach to problem solving. ability to provide feedback to employees. willingness to sacrifice other aspects of their lives to achieve success in the workplace.
The strength of GENx managers may be their capacity to give feedback to workers. Maslow thought that the desire to meet unfulfilled wants served as the foundation for motivation.
What characterizes a competent manager?
In addition to leading teams and fostering their growth, excellent managers are also able to fully control their company's operations and performance. These are the individuals who consistently adapt to new circumstances, inspire others to realize their greatest potential, and produce their finest work.
Employee morale is raised and motivation for the job is increased thanks to feedback. It is an inherent attribute of a manager to be able to receive feedback from his staff.
Therefore, choice 3 is the appropriate response to the statement.
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The government can make money by borrowing from its population in the form of governmental bonds.
A. True
B. False
Answer:
False
Explanation:
What percentage of the world's intake of
calories is derived from plants?
A. 88%
B. 74%
C. 62%
D. 48%
Answer:
A
Explanation:
Just 15 crop plants provide 90 percent of the world's food energy intake, with three rice, maize and wheat - making up two-thirds of this.
Source: https://www.fao.org/3/u8480e/u8480e07.htm
If your company has a $100,000 annual budget for employee recognition, what percentage of this should go towards recognizing company tenure? Why? Share what you think are other reasons to award recognition. What is your favorite non-monetary way to recognize employees? For example, a company parking place can be a great reward and it doesn't cost the company anything.
My favorite non-monetary way to recognize employees is to give them a public shout-out at a company event or in a company newsletter. This type of recognition is a great way to show employees.
What is company?A company is an organization formed to carry out business activities, such as production, marketing, and providing services. Companies can be either public or private, with public companies listed on stock exchanges and private companies operating without public disclosure. Companies are typically owned by shareholders who benefit from the profits generated by the organization.
The percentage of the $100,000 annual budget that should go towards recognizing company tenure depends on the size and scope of the company, but typically should range between 10-15%.
In addition to recognizing company tenure, there are other reasons to award recognition such as celebrating employee accomplishments and milestones, recognizing great customer service, or acknowledging superior performance.
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if the price of spanish olives imported into the united states decreases, then
If the price of Spanish olives imported into the United States decreases, it will lead to an increase in the quantity of Spanish olives imported into the United States.
This is because the decrease in price will lead to an increase in demand for Spanish olives from American consumers and firms due to the lower cost.
This increase in quantity demanded will lead to an increase in the quantity supplied by Spanish producers as they seek to take advantage of the higher demand for their olives. However, if the decrease in price is due to a surplus of Spanish olives, then Spanish producers will be forced to lower their prices in order to sell their surplus stock.
In conclusion, if the price of Spanish olives imported into the United States decreases, it will lead to an increase in the quantity demanded and supplied of Spanish olives. This will be due to an increase in demand for Spanish olives as a result of the lower cost.
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which of the following is not a good reason to form a family partnership? multiple choice no gift tax is due on the transfer non-voting interests can be given to younger family members to ensure the older generation maintains operational control a buy-sell agreement can ensure that all ownership interests are retained in the family income can be shifted to lower-tax-rate individuals
The reason that is not a good reason to form a family partnership is: no gift tax is due on the transfer.
Forming a family partnership can be an effective way to manage and transfer family assets, but it's important to understand the reasons and implications behind such a decision. While the other three options provided (non-voting interests, maintaining operational control, and income shifting) can be valid reasons for forming a family partnership, the statement "no gift tax is due on the transfer" is not a sufficient reason on its own. The formation of a family partnership should not solely be motivated by avoiding gift taxes. While transferring assets through a family partnership may have gift tax benefits, the primary focus should be on the operational and strategic aspects of the partnership, such as maintaining control, succession planning, and tax efficiency.
Family partnerships are typically formed to facilitate effective management and control of family-owned assets, provide a framework for generational transfers, and ensure continuity in the family business or wealth management. Non-voting interests can be given to younger family members to gradually involve them in the partnership's operations while maintaining control with the older generation. A buy-sell agreement can help establish a mechanism for the smooth transition of ownership within the family. Income shifting to lower-tax-rate individuals can be achieved through proper tax planning and structuring.
In summary, forming a family partnership should be based on the strategic and operational needs of the family, rather than solely focusing on avoiding gift taxes. Gift tax implications should be considered as part of a comprehensive approach to family wealth and business management.
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Astro Inc., a pharmaceutical company, wants to develop a drug to fight a new virus that is affecting people in Asian countries. To assist its team of doctors in developing the drug, the company hires two scientists who had previously conducted research on the virus. The company intends to use their expertise on the subject to create the drug. In the given scenario, Astro Inc. has most likely hired _____.
Answer:
Knowledge worker
Explanation:
Knowledge worker indicates the specification in a particular field. It also refers that when a person does a specific task, shows the speciality in it.
Therefore according to the given scenario Asian countries is affecting with a virus and a pharmaceutical company want to create a drug with the help of scientists who already research on the virus. Here, the company will use their expertise so that they can create the drug which indicates the knowledge worker.
Due to the necessity of living on a fixed income, many retirees find it difficult to _______. a. Afford to keep their large homes b. Maintain their old standard of living c. Pay for unexpected expenses d. All of the above
Answer:
D:all the above
Explanation:
i took the unit test.
Answer:
Its 100% D
Explanation:
Got a 100%
F the economy booms, Meyer&Co. Stock will have a return of 23. 9 percent. If the economy goes into a recession, the stock will have a loss of 12. 4 percent. The probability of a boom is 72 percent while the probability of a recession is 28 percent. What is the standard deviation of the returns on the stock? Options: 13. 88% 12. 72% 16. 30% 14. 95% 9. 40%
The probability of a boom is 72 percent while the probability of a recession is 28 percent. 7.48%, is the standard deviation of the returns on the stock. Thus, option (a) is correct.
To compute the standard deviation of the returns on Marco. stock, we must use the formula: Standard deviation = square root of variance.
The expected return of the stock is (0.72 × 0.239) + (0.28 × (-0.124)) = 13.668%.
The variance of the stock is (0.72 × \((0.239 - 0.13668)^2\)+ (0.28 × \((-0.124 - 0.13668)^2)\) = 0.0056.
The standard deviation of the returns on the stock is the square root of 7.48% (approximately).
As a result, the significance of the standard deviation of the returns on the stock are the aforementioned. Therefore, option (a) is correct.
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1. Do you believe E-sports will continue to grow in the future? Why or why not?
Answer: I don’t really know but I think it will still be popular and lots of people will still play no matter what
Answer:
In terms of video games, yes. Because, everyone can play videogames, but not everyone can compete in physical sports.
Explanation:
I don't need to give an explanation since it's my opinion. So don't report this answer please...
Economic and budgetary impacts of Telehealth policy: Comparison of the costs to enact, implement, and enforce the policy with the value of the Benefits Budget • What are the costs and benefits associated with the policy, from a budgetary perspective? • e.g., for public (federal, state, local) and private entities to enact, implement, and enforce the policy? Economic • How do costs compare to benefits (e.g., cost-savings, costs averted, return on investments, cost-effectiveness, cost-benefit analysis, etc.)? • How are costs and benefits distributed (e.g., for individuals, businesses, government)? • What is the timeline for costs and benefits? • Where are there gaps in the data/evidence-base
NOTE: Please, answer the above questions with references Thanks
The costs and benefits associated with Telehealth policy, from a budgetary perspective, involve considering the expenses involved in enacting, implementing, and enforcing the policy, as well as the economic impacts such as cost-savings, return on investments, and cost-effectiveness.
These costs and benefits are distributed among various stakeholders, including individuals, businesses, and government entities.
When evaluating the costs and benefits of Telehealth policy, it is important to assess the financial implications for both public (federal, state, local) and private entities. Enacting, implementing, and enforcing the policy may involve costs such as legislative processes, regulatory compliance, infrastructure development, technology investments, training, and monitoring.
On the other hand, the benefits can include potential cost-savings through reduced healthcare expenses, improved access to care, enhanced patient outcomes, and increased productivity.
The comparison between costs and benefits is crucial to assess the policy's economic viability. Cost-savings, costs averted, and return on investments can demonstrate the potential financial advantages. Cost-effectiveness and cost-benefit analysis provide further insights into the balance between costs and benefits.
The distribution of costs and benefits is another important aspect. Individuals may experience reduced out-of-pocket healthcare expenses and increased convenience, while businesses could benefit from a healthier and more productive workforce. Government entities may bear initial implementation costs but can benefit from long-term cost-savings in healthcare expenditures.
The timeline for costs and benefits can vary. Initial costs may be incurred during the policy's implementation, while benefits may accrue over time as the utilization of telehealth services increases and healthcare outcomes improve.
Gaps in the data and evidence-base exist and should be acknowledged. Robust studies and comprehensive data are necessary to accurately assess the long-term economic and budgetary impacts of Telehealth policy. Researchers, policymakers, and stakeholders should continue to gather data and conduct research to fill these gaps and provide a more informed understanding of the costs and benefits associated with Telehealth policy.
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A utility company goes through proper legal procedure to acquire a portion of your property for a transmission line. However, it pays you only a small fraction of what the property it acquired is worth, and the city where your property is located refuses to intervene. What fundamental characteristic of rights does this violate
If the city that is involved refuses to act the fundamental right that is violated is the fact that
Government is obligated to protect particular rightsThe government protection of rights.The United States constitution has it that the rights of the citizens of the country are to be protected by the government.
The right to own properties is one of such rights. In this case the government is supposed to step in to defend the original owner of this property.
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Suppose that you find a positive correlation between the hourly wage and productivity. What type of relationship between the wage and productivity does this positive correlation suggest? an inverse relation no relation a direct relation
When a positive correlation is found between the hourly wage and productivity, it suggests that a direct relation exists between the wage and productivity.
A positive correlation signifies that both variables are moving in the same direction. In other words, as the hourly wage increases, so does productivity. In contrast, an inverse correlation exists when two variables move in opposite directions. As one variable increases, the other decreases.
Finally, if there is no correlation between two variables, changes in one variable will have no impact on the other variable.For example, if a worker is paid more hourly, he or she may be more motivated to work, more committed to the organization, and more satisfied with his or her job. As a result, the employee's productivity increases as a result of being paid more.
A positive correlation between hourly wage and productivity will indicate that a relationship exists between the two variables.
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As Jamar prepares for a face-to-face interview, he begins to brainstorm a list of stories he can use to highlight his skills and qualifications. U What types of stories should he rehearse? Check all that apply. Stories that Illustrate how he went above and beyond expectations Stories that criticize his previous employers Stories that describe his religious beliefs and marital status Stories that discuss how he dealt with a crisis Stories that discuss how he handled a tough interpersonal situation J Which of the following will help you be less nervous during an interview? Bring a friend. Prepare thoroughly. Avoid direct eye contact.
Option a, b and d: Stories that discuss how he dealt with a crisis, Stories that illustrate how he went above and beyond expectations and Stories that discuss how he handled a tough interpersonal situation.
For telling stories effectively Jamar must share examples from his past that pertain to the position being interviewed for and explain to the hiring committee why he chose a particular course of action. A long-term resolution to the situation should be offered by the solution.
To demonstrate his creativity, he must also provide examples of times when he went above and beyond. Furthermore, it's critical that he emphasize how he managed a challenging interpersonal circumstance to demonstrate how he approaches problems on a personal level.
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Complete question:
As Jamar prepares for a face-to-face interview, he begins by brainstorming a list of stories he can use to highlight his skills and qualifications.
What types of stories should he rehearse? Check all that apply.
Stories that discuss how he dealt with a crisis
Stories that illustrate how he went above and beyond expectations
Stories that describe his religious beliefs and marital status
Stories that discuss how he handled a tough interpersonal situation
Stories that criticize his previous employers
introduce national employment with its importance and examples
Answer:
national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Explanation:
Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Please only answer if you can help!!
Bobby is building a home for Shyla that under the original contract is to be completed by June 3rd. Shyla found the plans for the home in a publication focusing on unique houses and is excited because it will be the only style of home in this area. Because he underestimated the time needed for special antique framing required for Shyla's house, Bobby tells Shyla that he needs to hire additional workers in order to have the home done by that time and that Shyla needs to pay him an extra $5,000. Shyla says that she will pay the extra $5,000. Bobby finishes the home and asks for his $5,000. Shyla refuses to pay. What will happen if Bobby sues? Which theory of contracts/consideration is applicable and then who will win in this scenario.
Shyla must pay Frank the extra $5,000 because she consented to do so and didn't object to Frank's miscalculation of time when she consented to give him $5,000.
Is an agreement a contract if consent to it was obtained by coercion?When agreement is gained by the exercise of undue influence, the agreement may be revoked at the sole discretion of the individual whose consent was coerced.
What is agreement when it is forced and the outcome of mistake?It is impossible to argue that consent was granted voluntarily if it was obtained under duress, coercion, fraud, misrepresentation, or error. The contract is voidable if there is a mistake in the cause or the factor that led to the mistake.
Is the contract valid when a party's consent is not freely given?When a contract is signed without the parties' express assent, it is deemed voidable. The legislation defines a voidable contract as one that is enforceable by law at the choice of one or more parties, but not at the discretion of the other parties.
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Consider your own career-related goals and dreams for the future—what are they? Briefly explain your career goals as they are today. Then, identify a specific professional organization that could benefit your pursuit of these goals. Evaluate how you might benefit from joining this organization.
Answer:
As an engineering student, my career goal is to work as a professional engineer in a reputed organization. I want to specialize in the field of renewable energy and work towards developing sustainable solutions for our planet's energy needs. My dream is to contribute towards the development of green technologies that can help reduce our carbon footprint and promote a cleaner environment.
One specific professional organization that could benefit my pursuit of these goals is the Institute of Electrical and Electronics Engineers (IEEE). This organization is dedicated to advancing technology for the benefit of humanity and has a specific focus on renewable energy and sustainable development.
By joining IEEE, I could benefit in several ways. Firstly, I would have access to a network of professionals and experts in the field of renewable energy, which could provide me with valuable guidance and mentorship. I would also have access to a range of educational resources, including conferences, seminars, and publications, which could help me stay up-to-date with the latest developments in the field.
In addition, being a member of IEEE would enhance my credibility as a professional engineer, and it could help me build a strong reputation in the industry. This could lead to potential career opportunities, and it could help me achieve my long-term career goals. Overall, joining IEEE would be a valuable investment in my future as an engineer and could help me make a positive impact on the world.
Explanation:
Direction: Write HURRAY to statements that expresses correct thought and HEPHEP if not.
1. Production record reflects the list of the different crops grown in the farm in a particular year.
2. The use of flyer for marketing fruits and seedlings is convenient and cheap.
3. Web marketing involves both advertising and marketing efforts through email to current and prospective customers.
4. Email marketing includes e-commerce, promotional or informative websites, and online advertising on search engines.
5. Online marketing is the process of selling products to the market.
6. Social media marketing involves both advertising and marketing efforts via social networking sites.
7. Fruits are ready for harvest at the right degree of maturity.
8. Calamansi is best to harvest from July to October.
9. Cash record is the value received from cash sales and cash payments in a certain period.
10. August to November is the best time of the year to harvest soursop or guyabano and lanzones.
Answer:
1.hephep
2.hephep
3.hurray
4.hephep
5.hurray
6.hurray
7.hurray
8.hephep
9.hephep
10.hurray
hope its help
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Which of the following will be accomplished by efficient allocations of the factors of production?a. Ensuring economic profitabilityb. Fulfilling many needs and wants of societyc. Understanding whether a product will faild. Replenishment of limited resources
By effectively allocating the factors of production, the following will be accomplished: Satisfying a variety of societal demands and wants.
Which of the following would the effective allocation of the production components achieve?When the factors of production are allocated effectively, many of society's needs and wants will be met.
Which of the following is relevant to economic resource allocation and productivity?In order to serve each person or entity in the best possible manner while minimizing waste and inefficiency, economic efficiency implies an economic state.
Which of the following is the study of the effective distribution of finite resources to meet the limitless demands and desires of people?Economics is the study of how and why people and society choose to distribute limited resources, as well as the effects of those decisions. It's sometimes said that the fundamental issue in economics is scarcity.
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He offers an annual bonus of $10,000 for superior performance, $6,000 for good performance, $3,000 for fair performance, and $0 for poor performance. Based on prior records, he expects an employee to perform at superior, good, fair, and poor performance levels with probabilities 0.10, 0.20, 0.50, and 0.20, respectively. Calculate the expected value of the annual bonus amount
If he offers an annual bonus of $10,000 for superior performance, $6,000 for good performance, $3,000 for fair performance, and $0 for poor performance. Based on prior records, he expects an employee to perform at superior, good, fair, and poor performance levels with probabilities 0.10, 0.20, 0.50, and 0.20, respectively. The expected value of the annual bonus amount will be: $3,700
First step
Expected value for Superior performance=$10,000×0.10
Expected value for Superior performance=$1,000
Expected value for Good performance=$6,000×0.20
Expected value for Good performance=$1,200
Expected value for Fair performance=$3,000×0.50
Expected value for Fair performance=$1,500
Expected value for Poor performance=$0×`1,500
Expected value for Poor performance=$0
Now let determine the total expected value of the annual bonus amount
Expected value of annual bonus amount=$1,000+$1,200+$1,500+$0
Expected value of annual bonus amount=$3,700
Inconclusion if he offers an annual bonus of $10,000 for superior performance, $6,000 for good performance, $3,000 for fair performance, and $0 for poor performance. Based on prior records, he expects an employee to perform at superior, good, fair, and poor performance levels with probabilities 0.10, 0.20, 0.50, and 0.20, respectively. The expected value of the annual bonus amount will be: $3,700
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Which is not a responsibility of a human resources manager? Choose the answer.
Question 3 options:
revising personnel policies and procedures
revising job descriptions
maintaining company employee contact information
developing the company's strategic plan
Answer:
maintaining company employee contact information