Answers
Sales tax, took the test and got it correct, hope this helps
Among all the given options of taxes, the one which is considered an example of an indirect tax is sales tax. Hence, Option D is correct.
What is a tax?The activities which are performed by an individual with the aim of making money for fulfilling the basic, as well as the desired needs, are known as a profession.
The money which is made by the person should be done in legal ways and on these incomes, one has to pay some duty to the government. This duty is termed a tax.
As per the income and assets that one has made, taxes are charged on them. Some of them are direct and some of them are indirect. The ones which are direct are Estate tax, Federal income tax, Personal property tax, and many more.
As a result of this, sales tax is considered an indirect tax. Option D is correct.
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Related Questions
Using activity-based costing to make decisions
Dino Dog Collars uses activity-based costing. Dino's system has the following features:
Predetermined Overhead
Activity
Allocation Base
Allocation Rate
Purchasing Number of purchase orders $ 65.00 per purchase order
Assembling Number of parts
0.36 per part
Packaging Number of finished collars
0.25 per collar
Each collar has four parts, direct materials cost is $9.00 per collar, and direct labor cost
is $4.00 per collar. Suppose Animal Hut has asked for a bid on 25,000 dog collars. Dino
will issue a total of 150 purchase orders if Animal Hut accepts Dino's bid.
Requirements
1. Compute the total estimated cost Dino will incur to purchase the needed materials
and then assemble and package 25,000 dog collars. Also compute the cost per collar.
2. For bidding, Dino adds a 40% markup to total cost. What total price will the
company bid for the entire Animal Hut order?
3. Suppose that instead of an ABC system, Dino has a traditional product costing
system that allocates indirect costs at the rate of $9.60 per direct labor hour. The dog
collar order will require 12,000 direct labor hours. What total price will Dino bid using
this system's total cost?
4. Use your answers to Requirements 2 and 3 to explain how ABC can help Dino
make a better decision about the bid price it will offer Animal Hut.
Answers
Dino Dog Collars calculates the cost of producing 25,000 dog collars using activity-based costing. The total estimated cost, cost per collar, and bid price are calculated with a 40% markup.
What is the importance of ABC to management decision making?ABC is an accounting methodology that assigns indirect costs to products or services based on the activities that generate those costs. Unlike traditional costing methods, which allocate indirect costs based on a single cost driver, ABC allocates costs based on multiple cost drivers, providing a more accurate picture of a product's or service's true cost. ABC's value to management decision making stems from its ability to provide more accurate and relevant cost information. Managers can use ABC to determine which activities are causing costs, where inefficiencies exist, and how to optimise processes to reduce costs and increase profitability. ABC assists managers in making informed pricing decisions by providing a better understanding of the true cost of products and services.
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Question 12/21
Which of the following is the least important consideration while forming a value maximization scrum team?
Select the correct option(s) and click submit.
Associate's years of experience
Vue Log entries selected for the sprint
Potential impact on BAU
Associate's skills
Submit
Answers
Potential impact on BAU is least important consideration while forming the value maximization scrum team.
What is maximization?When making decisions, the maximization approach prioritizes finding the best choice from all available options. Though maximization or "optimizing" was promoted by some disciplines, such as economics, Simon emphasized that people frequently lacked the cognitive capacity or environmental advantages necessary to maximize. Instead, Simon developed a strategy he called bounded rationality, which is also known as satisficing. Given our cognitive limitations, it was believed that this strategy was adaptive and perhaps required. So, it was assumed that satisficing constituted a fundamental aspect of human cognition. Behavioral economics can be viewed as having its roots in Simon's work on bounded rationality, but psychology gave the contrast between maximizing and satisficing new life 40 years later.
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Vince plans to open a self-serve grooming center in a storefront. The grooming equipment will cost $365,000, to be paid immediately. Vince expects aftertax cash inflows of $79,000 annually for 7 years, after which he plans to scrap the equipment and retire to the beaches of Nevis. The first cash inflow occurs at the end of the first year. Assume the required return is 13 percent. What is the project's Pl?
Answers
The answer is "PI is less than 1" so, the project should not be accepted.
The computation of the Pi is shown below:
As we know that,
Profitability index = Present value of cash inflows ÷ Initial investment
The Present value of cash inflows:
PVA = Periodic amount × (1 - (1 + interest rate) - time period ÷ interest rate)
= $67,000 × (1 - (1 + 13%) - 7 ÷ 13%)
= $67,000 × (1 - ( 1+ 0.13) - 7 ÷ 0.13)
= $67,000 × (1 - ( 1.13) -7 ÷ 0.13)
= $67,000 × (1 - 0.42506064374) ÷ 0.13)
= $67,000 × (0.57493935626 ÷ 0.13)
= $67000 × 4.422610432
= $296,314.90
Now the Profitability index is
= $296,314.90 ÷ $325,000
= 0.9117
As, the PI < 1 so the project should not be accepted.
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Q1: What are the strategically relevant components of the pizza
restaurant segment of the U.S. quick service restaurant industry
macro-environment?
Answers
The strategically relevant components of the pizza restaurant segment of the U.S. quick service restaurant industry macro-environment are as follows:
Technological advancements: In recent years, the pizza industry has seen technological advancements, including the ability to place online orders, which can result in increased customer convenience. Many pizza restaurants have mobile apps that customers can use to order food, making it easier to use their services. Online advertising has also been used by pizza restaurants to reach new customers.
Environmental factors: Pizza restaurants need to consider the effect of weather changes on sales. Extreme weather events can affect sales as people tend to avoid ordering food when they cannot go out of their homes. Pizza restaurant owners need to evaluate how they will deal with such instances.
Demographic factors: Demographics play a crucial role in the success of pizza restaurants. The pizza restaurant industry targets a broad range of customers and has a significant customer base among younger customers. In recent years, there has been an increase in health-conscious customers, leading to changes in the pizza industry, including the addition of new healthy menu items.
Socio-Cultural factors: The pizza industry has experienced increased competition from new entrants such as gourmet pizza restaurants. The preference of customers for the type of pizza and the eating experience has also changed. People prefer pizzas that are customized to their taste buds, including the type of crust and toppings.
Political/Legal factors: Pizza restaurants need to comply with government regulations such as health and safety standards, as well as taxes. The pizza industry is also affected by regulations on labor practices and food labeling requirements.
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Who is Warten Weg, and what does he do?
Answers
Explanation: Warten Weg is a highly skilled and talented graphic designer based in South Africa, who has made a name for himself in the industry as a successful freelancer. With a wealth of experience in the field of graphic design, Warten has established himself as a go-to designer for clients looking for innovative and visually stunning design solutions.
Warten's passion for design shines through in every project he takes on, whether it be designing a logo, creating a website, or designing marketing collateral. He is committed to delivering designs that not only look great but also convey a clear message and connect with the target audience.
Over the years, Warten has worked with clients from all over the world, developing a diverse portfolio of work that showcases his versatility as a designer. His ability to adapt to different industries and design styles has helped him establish long-lasting relationships with clients, who often return to him for repeat work. With his creative flair and exceptional design skills, Warten is sure to continue making waves in the world of graphic design for years to come. MORE INFO: Warten Weg - Graphic Design | Creative Director | Web Design
:D Hope this helps!
purchased goods of rs 40000 journal entries
Answers
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
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The popularity of trade restrictions, tariffs, and quotas often reflects that
Oa. the benefits are felt domestically, while the secondary effects only negatively impact other nations.
O b. there are very few secondary effects generated by trade restrictions
O c. the benefits of "jobs saved" are greater than the costs of other jobs that may be lost due to the restrictions.
O d. the immediate benefits are highly visible, while the secondary effects of lost jobs in other industries are less visible.
Answers
The reason that trade restrictions are so popular is that d. the immediate benefits are highly visible, while the secondary effects of lost jobs in other industries are less visible.
Why are trade restrictions imposed?To encourage domestic production. To encourage people to buy more domestic goods and services.When restrictions are first imposed, those it benefits feel the impact relatively quickly. This is why politicians love to impose such restrictions to gain popularity. They don't take into account the jobs that trade brings which will be lost thanks to those restrictions.
In conclusion, option D is correct.
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pop culture clothiers, inc., sells t-shirts to trendwell stores, inc., under an existing contract. when textile costs increase, trendwell agrees to a price increase, but later wants to cancel the contract. trendwell may cancel the contract immediately. cancel the contract only after accepting a final shipment. cancel the contract only on reasonable notice. not cancel the contract.
Answers
The brand may revoke the written revision to raise the price if there are any missing considerations.
This can happen if, despite the fact that the price was predetermined by their previous contract, the brand accepts in the written agreement to a price increase requested by trend. If a brand violates one or more of the contract's specified requirements, you may be entitled to terminate the agreement. Contract termination is referred to as a "breach" in the legal community, but in order to do so, you must establish that there was a significant breach. Delicioso is not permitted to cancel the contract because a new contract supersedes the previous one and bears the new price rise. Deliciso will suffer a loss if it decides to cancel the contract since it would be required to pay damages and other penalties for breaking the agreement with Coffee Roasters Inc. Delicioso must complete the contract before renegotiating another one in light of this.
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You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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what is one of the biggest problems today that has resulted from increase productivity?
Answers
One of the biggest problems today that has resulted from increased productivity is "Mental Stress."
This is because as the productivity level of companies increases, such increase is attributed to employees giving more energy and time to the production.Working for extended hours with more energy has its downsides.Aside from getting tired, and perhaps disinterested, there is also a danger of mental stress.Also, it may lead to employees being undervalued, because companies managers would expect more from the employees with little or no rise in remuneration.Hence, in this case, it is concluded that the biggest problem today that has resulted from increased productivity is "Mental Stress."
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Taylorism emphasises the formal structure, hierarchy of management, the technical requirements and the assumption of rational behaviour Question Attachment: Answer O True O False
Answers
Taylorism underlines the conventional construction, order of the executives, the specialized prerequisites and the supposition of judicial way of behaving is a genuine assertion.
judicial way , Arrangement of logical administration upheld by Fred W. Taylor. In Taylorism view, the assignment of processing plant the executives was to decide the most effective way for the laborer to finish the work, to give the appropriate apparatuses and preparing, and to give motivations to great execution.
He separated each occupation into its singular movements, examined these to figure out which were fundamental, and planned the specialists with a stopwatch.
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1. How do businesses and not-for-profit organizations help create our standard of living?
Answers
Answer:
Businesses attempt to earn a profit by providing goods and services desired by their customers.
Explanation:
Not-for-profit organizations, though not striving for a profit, still deliver many needed services for our society. ... Thus, businesses and not-for-profit organizations help create our standard of living.
True or False: A partner cannot legally bind the other partners to a business agreement.
Answers
Answer: False
Explanation: In many cases, a partner will be able to bind the partnership without the other owners' consent. However, steps can be taken to prevent any one partner from entering into an agreement without the consent of the others.
A fast. rate indicates that you are moving inventory quickly and keeping up with demand
Answers
Answer:
Inventory turnover
Explanation:
Inventory turnover is the speed at which a business replaces its inventory due to selling activities. The number of times that a business sells and replaces its inventory is expressed as a ratio known as the inventory turnover ratio.
A high inventory turnover rate attests that the business sells and replaces its inventory several times in a given year. A high inventory turnover rate indicates a high demand for a company's products. It indicates efficiency in managing stocks and the costs of holding inventory.
After choosing a shape to create, what instructions should you follow next?
left mouse click, hold down, and drag
double-click at the end of the document
right mouse click and select the area to fill
triple-click at the beginning of the document
Answers
After choosing a shape to create, The instructions that you should follow next is: A. left mouse click, hold down, and drag.
How to create a shape?Your can create a shape of your choice using photoshop in which you have to follow the necessary step to successful create the shape you intend to create.
After choosing the shape you want to create the next step of action is for you to left click on you mouse and the hold it down and drag, this process will enable you to create the shape successful.
Therefore the correct option is A.
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If Steve Hewitt, City Administrator, were to say that the only thing important in running operations is to focus on efficiency in operations and that interpersonal relationships are unimportant then this is an example of which of which style depicted in the Leadership Grid? Authority-Compliance Team Management Middle-of-the-Road Management Country Club Management
Answers
Based on the Leadership Grid, Steve Hewitt, the City Administrator, is implementing Authority-Compliance Leaderhsip (A).
Leadership Grid represents the possible leadership style based on the behavioral approach of a leader to his followers and his goals. Based on the 2 variables, 5 leadership style were projected:
Improvished managementCountry-club managementMiddle-of-the-road managementAuthority-compliance managementTeam managementImprovised leader has low concern for both his employees and his target. He tend to avoid troubles and keep his hand clean by not putting much concern for his employees well being, neither his achivement target. He has no care about the overall success of the team.
A country-club leader spends his time more on ensuring his employee well-being when performing their tasks. His priority is his employees happyness and he tends to oversee the targeted goal. He pays little to o concern for productivity rates of his team.
Middle-of-the-roal leader aims to balance his concern for both his employees and his team performance. However he avoids to put too much concern in both aspect and prefer to just ensure that both aspect are fulfilled. This kind of leader tends to have average employee satatisfaction and production level.
Authority-compliance leader pay little to no concern to his employee well being and just focus on his production performance. This kind of leader tends to be harsh on his employees and usually push his employee to work excessively. He would only focus on the employees' production level.
A leader who pays high concern for both his employees and performance is called as a team leader. This kind of leader will try to optimize his employees ability to achieve the maximum possible production level. He beliefs that the employees well-being will be reflected to their performance level. Hence, he will ensure his employees are happy and encourage them to give their best performance.
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The project sponsors have informed the project manager that they would like to be included in the weekly meetings along with the team members. What should the project manager update to include the sponsors in the weekly meetings?
Answers
When the project sponsors express their desire to be included in the weekly meetings with the team members, the project manager should update the project communication plan to reflect this change.
The communication plan should include details about who will be involved in the meetings, when they will be held, and what will be discussed. The project manager should also ensure that the sponsors have access to any necessary project documentation, such as status reports, schedules, and budget updates.
In addition, the project manager should communicate with the team members to inform them of the change and ensure that they understand the role of the sponsors in the project. It may also be beneficial for the project manager to establish guidelines or ground rules for the meetings to ensure that they are productive and efficient.
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1. Which one of the following is not considered part
of the exterior finish of a house?
A. An entry door.
B. Ceiling of a porch or breezeway,
C. Cornice.
D. Exterior wall coverings
Answers
The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
What is the exterior finish of a house?The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.
A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.
Thus, the exterior finish of the house is:
An entry doorCorniceExterior wall coveringsFrom the given options;
The ceiling of a porch or breezeway is usually inside the house.Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
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Which is NOT a benefit of family members sharing household responsibilities?
OA.
Household responsibilities can be completed in less time
OB. Family members spend more time outside exercising
O C. Family members feel united in keeping the house running smoothly
OD
Children can learn responsibility as they help around the house
Answers
Answer:
B. Family members can spend more time outside exercising
Explanation:
This has nothing to do with household responsibilities
Adverse selection will occur in a market as a result of
Answers
Answer:
adverse selection occurs when one party in a negotiation has relevant information the other party Lacks
What is a good way to organize your job search?
Memorize all the places where you applied.
Memorize all the places where you applied.
Get help by telling your friends where you applied.
Get help by telling your friends where you applied.
Apply to one job at a time so it's easy to remember.
Apply to one job at a time so it's easy to remember.
Use a tool to track which jobs you applied to and where you are in the process.
Answers
A good way to organize your job search is to use a tool to track which jobs you applied to and where you are in the process.
What is meant by a Job search?Basically, this refers to the instance of keeping an active contact with a potential employer to apply for a job through a contact by phone, in person, submitting an application or by attending a job interview. It can also mean a structured and limited period during which a participant is required to search for and/or obtain employment. In most cases, a participant must search and apply for a set number of jobs in other to complete the job search.
During this, a job search organizing is important as it helps to applicant to effectively manage the process. In all, a good way to organize your job search is to use a tool to track which jobs you applied to and where you are in the process.
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Is the manager of telkom actively involved in the decisions of the business
Answers
A manager is actively involved in the decisions of a business if he acts directly in the operation of the business and does not delegate tasks to others.
Who is a Manager?This refers to the person that is in charge of coordinating the activities of a group of individuals.
Hence, we can see that A manager is actively involved in the decisions of a business if he acts directly in the operation of the business and does not delegate tasks to others.
He makes direct decisions for his business.
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Warehouses
WI
W2
W3
S1
14
12
10
Stores
S2
16
14
16
S3
12
10
8
S4
20
8
15
Answers
Based on the given information, it appears to be a representation of quantities of goods stored in warehouses and sold in stores.
The warehouses are labeled as WI, W2, and W3, while the stores are labeled as S1, S2, S3, and S4. The numbers listed below each warehouse represent the quantities of goods stored in each warehouse, while the numbers listed below each store represent the quantities of goods sold in each store.
For example:
- Warehouse WI has 14 units of goods.
- Warehouse W2 has 12 units of goods.
- Warehouse W3 has 10 units of goods.
Similarly, for the stores:
- Store S1 has sold 16 units of goods.
- Store S2 has sold 14 units of goods.
- Store S3 has sold 12 units of goods.
- Store S4 has sold 20 units of goods.
It seems to be a simple inventory representation, showing the quantities of goods stored in each warehouse and sold in each store.
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The difference between the lower class limits of adjacent classes provides?
Answers
Answer:
C
Explanation:
Compared to a purely competitive industry, a monopolist will
Select one:
a.
have higher quantity and lower price.
b.
have higher quantity and higher price.
c.
have lower quantity and lower price.
d.
have lower quantity and higher price.
Answers
Compared to a purely competitive industry, a monopolist will have a lower quantity and higher price. Thus the correct option is D.
What is Monopolist?A monopoly is a market structure in which there is just one sizable company that controls the whole sector. The right to manage the product supply and market pricing belong to this one company.
While there are multiple buyers and sellers in a market that is entirely competitive, a monopoly is characterized by a single seller and many buyers, which results in a higher price being set.
Therefore, option D is appropriate.
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Which of the following is not a defensive behavior response
Answers
Spontaneity is not a defensive behavior response. The correct option is C.
What causes defensive behavior?According to studies, making the wrongdoer feel like an outcast makes defensiveness in response to wrongdoing worse. Defensive behaviors are frequent reactions when someone feels personally attacked, yet they can impair our capacity to see issues and develop solutions.
When we communicate in an open, truthful manner without attempting to influence how others will react, we are utilizing non-defensive communication when we ask questions, make assertions, and forecast outcomes.
We may be more thorough in our research, speak clearly, take better care of ourselves, and hold people more responsible.
Thus, the ideal selection is option C.
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Your Question seems incomplete most probably your full question was:
) Which one of the following choices is not defensive behavior?
Select one:
a. control
b. neutrality
c. spontaneity
d. superiority
Do you agree that Whirlpool can realize a competitive advantage through its diverse employees?
Answers
Answer: Yes. Whirlpool can gain a competitive advantage by making use of everyone's talents.
Explanation:
Answer:
yes
Explanation:
You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answers
Answer:
C) price elastic.
Explanation:
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
Answers
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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In your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your:
Group of answer choices
turnover.
point-of-sale.
rate of return.
return on interest.
Answers
If in your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your: C. rate of return.
What is rate of return?Rate of return can be defined as the gain or loss a person make on their investment and the rate of return is in a form of percentage.
In a situation where a person who invest his/her money into a business make a profit of 110% of the amount the person invested after two to three years this is called a rate of return.
Therefore the correct option is C.
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