Review of new hires over the past several years reveals that the manager has an inconsistent track record in hiring the ideal employee. Overconfidence phenomenon most likely accounts for this result.
What is Overconfidence phenomenon ?Overestimating one's actual ability to complete a task effectively, believing that one's performance is superior to that of others, or having an excessive amount of trust in the veracity of one's beliefs are all characteristics of the overconfidence phenomenon, a cognitive bias.
The overconfidence effect is a well-known bias in which, especially when confidence is quite high, a person's subjective confidence in his or her judgements is consistently greater than the judgments' objective accuracy.
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levi and askay (2021) stated that a manager of an organization should make the employee conform to the needs of the organizational processes and systems because deviation produces quality defects and inefficiencies. this view is from . a. source organization ( by henry cabbaing) b. scientific management (by fredrick taylor) c. pre-industrial revolution management. d. the interactional approach. e. agricultural orientation (by jarad framington)
This view in this case is from scientific management (by Fredrick Taylor).
What is scientific management?A management philosophy called "scientific management" examines and combines workflows. Its primary goal is to increase economic efficiency, particularly the worker productivity. It was one of first attempts to use science to build management processes. Taylor started the theory's development in the US during the manufacturing industries of the 1880s and 1890s, particularly steel. In the 1910s, its influence peaked. Despite being outmoded as a separate theory or school of thought by the 1930s, the majority of scientific management's issues are still vital components of industrial engineering and management today. At first, Taylor used the terms "shop management" and "process management" to refer to his strategy. However, the term "scientific management" gained popularity in 1910 thanks to zealous lawyer Louis Brandeis.
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g what type of chart is used to illustrate employee reporting relationships? 1. process flow chart 2. psychrometric chart 3. ganntt chart 4. organizational chart
Organizational chart is used to illustrate employee reporting relationships.
What type of chart is utilized to show the linkages between employee reporting?Definition of an organisational chart
The organization's reporting structures and chains of command are intended to be shown. Employee names, job titles, and employment roles are typically represented as boxes or circles with lines that connect them to other people and departments.
An organisational chart shows the internal structure of a business or organisation. To represent the employees and roles, boxes or other forms that sometimes incorporate pictures, contact information, links to email and web sites, icons, and graphics are utilised. The levels are connected by lines having elbows or straight edges.
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what are some ways operations managers can improve process capability? multiple select question. standardize process steps upgrade or automate equipment reduce the process variability inspect all incoming raw material
Process control is the practice of observing and modifying a process to get the intended result with the least amount of variance. Process control contributes to growth.
What are means and techniques?Simply said, the means are the resources or equipment used to complete a task. Methods are simply the strategies or actions used to accomplish a task. Methods are the specific tools and techniques you use to collect and analyze data (for example, experiments, surveys, and statistical tests). Sociology is the name given to the scientific study of society. The term "methods" in sociology refers to the research techniques utilized to gather, produce, and analyze data that is relevant to the researcher.
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which legislation provides civilian employees of the federal government with medical care, survivors' benefits, and compensation for lost wages? a. office of workers' compensation programs b. black lung benefits reform act c. federal employees' compensation act d. longshore and harbor workers' compensation act
Federal Employees' Compensation Act. provides civilian employees of the federal government with medical care, survivors' benefits, and compensation for lost wages.
What is What is the employee compensation Act?
The Federal Employees' Compensation Act (FECA) covers federal civilian employees who suffer from illnesses or injuries at work by providing adequate financial and medical compensation as well as assistance in getting back to work.
Benefits in money include reimbursement for lost wages and compensation for permanent damage.
What does FECA mean in its entirety?
The Federal Employees' Compensation Act (FECA) Claims Administration handles new benefit claims, handles open cases, pays medical bills and compensation benefits to injured workers and survivors, and assists injured workers in returning to work once they are physically fit to do so.
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Answer:
Federal Employees' Compensation Act. provides civilian employees of the federal government with medical care, survivors' benefits, and compensation for lost wages.
Explanation:
you are working closely with your project sponsor to create the initiation documents required to get a construction project approved. the sponsor has provided you with a number of details that you want to organize for your project proposal. which details would be considered to be risks to the project?
The aspects that would be regarded as dangers to the project are that finishing work during the dry season will decrease the number of days lost due to rain.
What is the definition of project risk management?Risk management in project management refers to efforts for mitigating project risks and ensuring that a project is finished on time and within budget while still meeting its objectives.
The goals of project risk management are to improve the likelihood and effect of good occurrences while decreasing the likelihood and impact of bad events. Utilizing the outputs from risk management planning is part of project problem management. Supporting organizational variables, defined roles, and duties, and technical analysis are all required for effective project risk management.
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Does using the federal funds rate as an operating target imply that the money
supply curve is horizontal? Why or why not and what does this mean?
When if is below id, banks will not use the discount window and the supply of reserves is xed at R*n .The curve for assets is hence vertical.
What is federal funds operating target in horizontal?Since the income on deposit amounts rate is such a regulated rate, the Bank can influence the funds rate by changing it. In actuality, the Fed's main instrument for adjusting the federal funding rate is interest on reserve holdings.
To analyze the way that the Federal Reserve supplies reserves to the banking system, it is useful to decompose the total amount of reserves R in a different way:DL =Discount loans are equivalent to reserves lent to the Fed.
Rn = nonborrowed reserves = R - DL.
The supply curve in reserves has a unique form as a result of these operating techniques. When the federal funds rate if is below the discount rate id, it is cheaper for a bank to borrow reserves from another bank than it is for a bank to obtain a discount loan.
Hence, when if is below id, banks will not use the discount window and the supply of reserves is xed at R*n . therefore, the supply curve for reserves is vertical.
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analyze the new product line and red bull's primary target market for its new coffee energy drinks. what are the niche characteristics of the product and the traits of the primary target market?
Red Bull's primary target market is the middle to high income self-employed. Red Bull targets consumers first, sells products, and then sells.
The brand has grown from the only energy drink on the market to being sold in over 170 countries worldwide.
Red Bull's primary target market depends on packaging, location and distribution channels (such as supermarkets). Companies use packaging to create these products to appeal to a specific consumer base.
For example, Monster Energy's core customer base consists of teenagers, extreme his athletes, and gamers. Their cans feature darker packaging and what is considered a more dangerous image than the logo.
The energy drink market is mainly located in North America, Europe, Asia, Middle East, South America and Africa. North America is the place with the highest sales of energy drinks. This continent is home to big brands like Monster and Bang. In North America, it's not uncommon to see multiple energy drink brands in the same store.
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Select one:O a. it shifts the AD curve in the long-termOb. it shifts the AD curve in the short-termOc. it shifts the AS curve in the short-termO d. it shifts the AS curve in the long-term
The correct option is C. It shifts the AS curve in the short term.
An abbreviation is a shortening of a phrase or a word. An acronym is an abbreviation that bureaucracy a word. An initialism is an abbreviation that makes use of the first letter of each word inside the word (consequently, a few however no longer all initialisms are acronyms).
Brief-time period dreams can be used to break down large, extra-trendy desires. They do not replace those massive, overarching dreams, however, alternatively, give you a route to obtain them. putting and running on short-time period goals helps you: realize what you can accomplish nowadays and take movement.
A quick time period at the start of something. it's going to meet our desires, at least for the fast term. His plan has blessings over the short term. generally used inside the phrase in the brief term. It won't make any distinction within the quick term.
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46. assume that the required reserve ratio is 10 percent, banks keep no excess reserves, and borrowers deposit all loans made by banks. suppose you have saved $100 in cash at home and decide to deposit it in your checking account. as a result of your deposit, the money supply can increase by a maximum of (a) $800 (b) $900 (c) $1,000 (d) $1,100 (e) $1,200
The concept here is the Required reserve ratio, This is a fraction of the deposits that regulators require a bank to hold in reserve and not lend. The answer is option B, $900.
The reserve requirement ratio is the proportion of deposits that regulators require a bank to hold in reserve rather than lend. If the reserve ratio is between 1 and 10, that means the bank must hold $0.10 for every dollar it has in reserves, but it can borrow $0.90 for every dollar.
The reserve ratio is the proportion of reserve liabilities commercial banks are required to hold rather than lend or invest. This is a requirement of the country's central bank, which is the Federal Reserve in the United States.
It is greater than one if the reserve ratio is less than one. Since banks could not lend if they held 100% of the reserves, we can assume that the reserve ratio is less than one.
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Assume that marginal propensity to consume is 0.8 and potential output is $800 billion. If the actual real GDP is $700 billion, which of the following policies would bring the economy to potential output?
Increase government spending by $20 billion.
Increase government spending by $25 billion.
Decrease government spending by $100 billion.
Increase government spending by $100 billion.
The "Increase government spending by $100 billion" approach would increase economic output to its potential.
How would you define economy?The mechanism by which products and services are created, offered, and consumed is known as the economy. It includes domestic and foreign trade as well as the economic activity of people, corporations, and governments. It covers research on the creation, dissemination, consumption, and interactions of products and services. Additionally, it covers issues like taxation, inflation, and economic expansion.
By increasing demand, a $100 billion increase in government spending would increase economic output to its capacity. Increased economic activity and job creation as a result of this greater spending would lower the unemployment rate and promote economic growth. The price of products and services would rise in response to the rising demand, raising salaries and stimulating more spending. This would start an upward spiral of economic growth, allowing the economy to operate at its maximum capacity.
As a result, choice D is right.
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land developers sometimes get a mortgage that includes several properties as collateral. as they pay down the loan they can get various properties released. what type of mortgage is this?
Land developers sometimes get a mortgage that includes several properties as collateral. as they pay down the loan they can get various properties released.
The above case is an example of blanket mortgage.
Mortgages can also be divided into two categories: 1) conventional mortgages 2) Jumbo loans 3) Mortgages backed by the government 4. Fixed-rate loans 5) Mortgages with adjustable rates There are now additional loan types based on theseA blanket mortgage, also known as a blanket loan, is a type of financing that supports the simultaneous purchase of several real estate properties. The lending process can be simplified and costs can be decreased with blanket loans, which are popular among commercial property owners, developers, and real estate investors.You offer your existing property's equity as part of a blanket loan instead of providing the down payment of $30,000 in cash. In addition to attaching a second lien to your existing property, the lender alsoTo know more about mortgage here
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On July 1, Alto Corp. split its common stock 5-for-1 when the market value was $100 per share. Prior to the split, Alto had 10,000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock Remained at $10. Was reduced to $8. Was reduced to $5. Was reduced to $2.
A stock split (10,000 shares at $10 before the split; 50,000 shares at $2 after the split) has no impact on the total par value.
By stock, what do you mean?In general, all ownership certificates of the any corporation are referred to as stocks. On the other word, a share alludes to a certain company's stock certificate. If you own shares of a specific corporation, you are considered a shareholder. The two types of stocks are common and preferred.
What Do Stocks Mean?A security that denotes ownership of a portion of the issuing company is referred to as a stock, also known as equity. Shares, which are units of stock, entitle its owners to a percentage of the company's assets and income based on how many shares they possess.
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If a firm does not have a sales returns and allowances journal, the entries for these transactions are made in:
a. the sales journal.
c. the cash receipts journal.
b. the general journal.
d. the cash payments journal.
If a firm does not have a sales returns and allowances journal, the entries for these transactions are made in the general journal.
What is meant by journal?
A journal is a thorough account that documents all of a company's financial activities. It is used for account reconciliation in the future and for the transfer of data to other official accounting records, including the general ledger.A journal is used to record your thoughts and observations on a variety of topics as well as the events of each day. By doing this, you are better able to recall the things you did, the things you thought, and the circumstances at the time.In a journal, you can scribble down your thoughts, sentiments of happiness and rage, hope and despair, enthusiasm and depression, love and sadness.To learn more about journal refer to
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when kendra's manager asked the team to come up with new ideas for attracting people to their trade show booth, kendra suggested installing a video game in the booth. which part of the rational decision-making process does kendra's idea exemplify?
Consider alternate solutions, Kendra's suggestion is an illustration of the logical decision-making process.
What is the process for coming up with new concepts called?Idea generation or ideation is the process of forming ideas. It is an artistic method that entails conceptualizing and creating.
The process of introducing a novel idea to a culture is known as invention. Because introducing anything new to a culture may have negative social effects, innovation is a subject of concern to sociologists.
Describe rational thought with an example.Thinking logically is a process. It refers to a person's capacity for logical thought. It includes the ability to derive sound judgments from evidence, reasoning, and truths.
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Northern Trail Outfitters has two sales groups. Each group has its own unique sales process. Management wants to ensure that the sales groups see their relevant sales process when working on opportunities.
How should an administrator meet this requirement?
A. Enable Paths
B. Page Layouts
C. Record types
D. Opportunity Teams
Opportunity Teams should have an Administrator who meets the requirement.
What is the meaning of Administrator?An individual who is in charge of maintaining, configuring, and ensuring the reliable operation of computer systems, particularly multi-user computers like servers, is known as a system administrator, often known as a sysadmin or admin.
An administrator is essential to the efficient operation of a firm and provides office support either to an individual or a team. They might be in charge of answering phones, welcoming and guiding guests, word processing, making spreadsheets as well as presentations, and filing.
An administrator is indeed a person whose job it is to organize and manage the operations of an institution.
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a customer buys a new municipal issue from an underwriter on friday, january 16th, with settlement taking place on tuesday, january 20th. the bond is dated january 1st. how many days of accrued interest must be paid by the customer to the underwriter?
The ideal response is C. On a fresh issuance, interest starts to accrue from the dated date up to, but excluding, the day when the first trade settles. Interest accrues through January 15 due to the January 16 settlement date.
What kind of municipal bond is supported by the issuer's complete faith and credit?States, cities, and counties may issue general obligation bonds, which are not backed by any assets. Instead, general obligation bonds are supported by the issuer's "full confidence and credit," which includes the authority to levy taxes on locals to pay bondholders.
Municipal bonds, commonly known as muni bonds or minis, allow qualified residents to earn income tax-free but have lower coupon (interest) rates than taxable bonds.
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The "Control" phase of DMAIC is intended to ensure that:
Multiple Choice__ a. data analysis is overseen. b. the proper subset of process inputs are monitored. c. variability reduction is pursued. d. improvements are sustained. e. inputs are closely monitored.
The "Control" step of the DMAIC process is meant to guarantee that gains are maintained.
Sustainability: What is it and why is it important?Sustainability is the ability to continue existing and growing without using up all of the natural resources currently accessible. According to the Brundtland Report, sustainable development is growth that meets present needs without jeopardizing the ability of future generations to meet their own.
Sustainability - What is it?Meeting our needs today without sacrificing the potential of future generations to do the same is what is meant by sustainability. With natural resources, we also need economic and social resources. Environmentalism is only one aspect of sustainability.
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an offshore oil well is 3 kilometers off the coast. the refinery is 4 kilometers down the coast (see figure). laying pipe in the ocean is twice as expensive as on land. what path should the pipe follow in order to minimize the cost?
The path in an offshore oil well that the pipe should follow in order to minimize cost is rectangular path.
What is offshore drilling?A wellbore is mechanically dug beneath the seabed during offshore drilling. Typically, it is done to look for and then extract petroleum that is trapped in the seafloor's rock formations. Although it can also refer to drilling in lakes, inshore waters, and inland seas, the phrase is most frequently used to denote drilling activities on the continental shelf. Due to the produced hydrocarbons and the materials utilized during the drilling process, offshore drilling poses environmental concerns as well as those that are present onshore. These include deepwater mobile offshore drilling units (MODU), which can include drillships or semi-submersibles, combined drilling and production facilities (bottom-founded or floating platforms), and jackup barges and swamp barges.
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under which of the following circumstances may the long-term contract method of accounting be used? a) the construction of property for which payments will be received over more than one taxable year b) the manufacture of a unique item for which the contract is not completed in the year in which it is entered into c) the manufacture of an item of inventory, which consistently takes longer than one year to complete d) the development of a unique item for which the contract is not completed within the current year.
long-term contract method of accounting be used the manufacture of a unique item for which the contract is not completed in the year in which it is entered into.
Accounting: What Is It?Accounting is the practise of keeping track of a company's financial transactions. Summarizing, analysing, and reporting these transactions to oversight organisations, regulatory bodies, and tax collection organisations are all parts of the accounting process. Accountancy, another name for accounting, is the measurement, processing, and exchange of financial and non-financial information concerning economic entities like corporations and businesses. It really isn't much more challenging than many of the other well-liked academic specialties that provide excellent chances for lifetime employment.
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Short-run and long-run effects of a shift in demand
Suppose that the tuna industry is in long-run equilibrium at a price of $5 per can of tuna and a quantity of 400 million cans per year. Suppose the Surgeon General issues a report saying that eating tuna is bad for your health.
Part 1) The Surgeon General’s report will cause consumers to demand: a) more b) less tuna at every price.
Part 2) In the short run, firms will respond by: a) producing less tuna and running at a loss b) producing more tuna and earning positive profit c) entering the industry d) exiting the industry e) producing the same amount of tuna and earning positive profit f) producing the same amount of tuna and running at a loss
Shift the demand curve, the supply curve, or both on the following diagram to illustrate these short-run effects of the Surgeon General’s report.Part 3) In the long run, some firms will respond by: a) producing less tuna and running at a loss b) producing more tuna and earning positive profit c) entering the industry d) exiting the industry e) producing the same amount of tuna and earning positive profit f) producing the same amount of tuna and running at a loss
until: a) new technologies are discovered that lower costs b) each firm in the industry is once again earning zero profit c) tuna populations grow large enough to support more firms d) consumer demand returns to its original levelPart 4) The new equilibrium price and quantity suggest that the shape of the long-run supply curve in this industry is: a) upward sloping b) horizontal c) downward sloping d) vertical in the long run.
Short-run effects of a shift are the immediate or near-term changes that take place in the economy. Long-run effects of a shift refer to the gradual, cumulative, and indirect impacts of a change.
What do you mean by economy?
Economy is the system of production, distribution, exchange, and consumption of goods and services in a society. It is usually studied in terms of production, consumption, distribution, and exchange of goods and services in a given geographical area. It is also used to refer to the financial resources of a nation or region, including income, savings, and investment.
Part 1) The Surgeon General’s report will cause consumers to demand: b) less tuna at every price.
Part 2) In the short run, firms will respond by: d) exiting the industry
Shift the demand curve, the supply curve, or both on the following diagram to illustrate these short-run effects of the Surgeon General’s report.
The demand curve shifts to the left to illustrate the decrease in demand due to the Surgeon General’s report.
Part 3) In the long run, some firms will respond by: c) entering the industry
until: b) each firm in the industry is once again earning zero profit
Part 4) The new equilibrium price and quantity suggest that the shape of the long-run supply curve in this industry is: a) upward sloping.
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If a Veteran wanted to buy a $60,000 house in a city with a population of 100,000 people, which of the following loans could he NOT apply for?VA loanFHA loanRECD loanConventional loan
If a Veteran wanted to buy a $60,000 house in a city with a population of 100,000 people, then they cannot apply for a RECD loan, which means option C is correct.
RECD stands for Rural Economic and Community Development. These loans are guaranteed or direct in nature and are given if the person wishes to construct something in a rural area. But in the above case, the veteran wants to buy a well constructed house, so this loan cannot be applied for assistance.
These loans are given by the private entities to improve or furnish the homes which are built in rural areas. It helps in development of rural region.
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ashley bakery expects its marginal cost curve will eventually slope upward, because in baking there is/are: * 1 point constant opportunity costs. a maximum efficient scale. constant returns to scale. decreasing opportunity costs. diminishing marginal returns.
Ashley bakery expects its marginal cost curve will eventually slope upward because in baking there is/are: diminishing marginal returns.
What is Marginal Cost?The marginal cost is the increase in production costs brought about by producing more units of a product. It is also known as the marginal cost of production or MCP. By calculating the marginal cost, businesses can determine how volume output affects costs and profits.
The term "marginal cost" refers to the additional cost of producing an additional product. Let's say that making 100 tires for a car costs $100. To produce one additional tire, would cost $80. The following is then the marginal cost: how much it costs to produce an additional unit of a good or service. Production costs determine the marginal cost.
The formula for determining the marginal cost is as follows: The difference between the change in costs and the change in quantity is the marginal cost. Example: Examine the following data to determine the marginal cost: Quantity of currently manufactured units.
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Knowing that the demand for wheat is inelastic, if all farmers voluntarily did not plant wheat on 10 percent of their land, then
a. wheat farmers would experience an increase in their total revenue.
b. the demand for wheat would decrease.
c. consumers of wheat would buy more wheat.
d. wheat farmers would suffer a reduction in their total revenue
Option a is correct. If the supply decreases and the demand for wheat remains constant, the price of wheat will rise. Since the demand for wheat is inelastic, higher wheat prices lead to higher incomes for farmers.
Wheat supplies are elastic. This is because, as the supply curve S0 shows, the supply of wheat fluctuates from year to year due to weather (in this case, snowfall) and market competition. Therefore, a small change in the price of wheat results in a large change in quantity demanded. For example, if the price of wheat increases by 2%, the quantity demanded will change by 7%.
The determinant that leads to changes in supply is the share of income. B. Consumers prefer a surplus of goods, a quantity of goods requested. For example, when demand is high, suppliers are more likely to raise the price of their goods, and the price of related goods causes consumers to prefer cheaper raw materials, thus procuring alternative goods.
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what increases the possibility that errors will be caught and the potential for fraud will be reduced?
Implementing internal controls and conducting regular audits increases the possibility that errors will be caught and the potential for fraud will be reduced
Internal controls are the policies and procedures that a company has in place to help reduce the possibility of errors and fraud. Examples of internal controls include the segregation of duties, regular management reviews, and setting up authorization levels for transactions.
These controls can help detect errors or fraud before they become significant. Audits are also an important tool in detecting errors and fraud.
Audits can be performed by internal or external auditors and should be conducted regularly to help ensure the accuracy of financial statements or other areas of the business.
Auditors can also review the effectiveness of internal controls, and provide recommendations to improve them. These two steps will help to reduce the possibility of errors and the potential for fraud.
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Which of the following is not a cost pool used with the activity-based costing method?a. Materials handlingb. Productionc. Setupsd. Engineeringe. All are used
Option (b), Activity-based costing does not include production as a cost pool (ABC Costing). The term "cost pool" describes the overhead expenses incurred throughout various production-related tasks.
Exactly what is meant by "activity-based costing"?By using the activity-based costing (ABC) method, overhead and indirect costs like salaries and utilities can be divided among goods and services. The ABC system of cost accounting is based on activities, which are characterized as any event, activity, or unit of labor with a specific goal.
The use of a cost pool in activity-based costingAn activity cost pool is the sum of all costs associated with doing a certain business task, such producing a particular product. Combining all expenses incurred throughout a task makes it simpler to obtain an accurate assessment of the cost of that task.
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rachel bought a piece of land to build a house on that is very narrow on one side. because of that, to fit the house in, she wants to build with a 10-foot setback instead of the 15-foot setback specified by the zoning ordinances in her area. what does she need to do this?
To put a house on, Rachel purchased a plot of land that is extremely narrow on one side. Because of this, she wants to build with a 10-foot setback rather than the 15-foot setback required by the local zoning regulations in order to fit the house in. She must carry out an area variance.
What does variance in real estate mean?A property owner may ask for a variance to deviate from the current zoning restrictions for a number of different reasons. The legal uses of land in a certain area or zone are determined by zoning legislation, also referred to as a zoning ordinance, which is passed by a local governing body.
An area variance authorizes a property owner to disregard the dimensional restrictions of a zoning law, in contrast to a use variance, which permits a landowner to use a property in a way that is not officially permitted for the district (such as a building setback or height limit).
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Fran is from Country B. Use the data below to help Fran discover the GDP per capita in her home country. Note that population is expressed in millions of people, whereas Real GDP is expressed in billions of U.S. dollars.
Country - Population (in millions) - Real GDP (in billions of U.S. dollars)
A = 310 | $1,240
B = 595 | $29,155
C = 1,025 | $3,570
D = 1,020 | $35,700
Fran discover the GDP of $49,000 per capita in her home country. The total monetary or market worth of all the completed products and services produced within a nation's boundaries.
GDP per capita = Real GDP/Population
COUNTRY B
Real GDP = $29,155000000000
Population = 595000000
GDP per capita = $29,155000000000/595000000
= $49,000
whereas Real GDP is expressed in billions of U.S. dollars. Country - Population (in millions) - Real GDP (in billions of U.S. dollars)Gross domestic product (GDP) is a monetary measure of the market worth of all final products and services produced and sold (not resold) by countries within a certain time period. Because of its complexity and subjectivity, this metric is frequently changed before being regarded a credible indication. GDP (nominal) per capita, on the other hand, does not reflect differences in the cost of living and the inflation rates of the countries; thus, comparing living standards between nations on the basis of GDP per capita at purchasing power parity (PPP) may be more useful.
Complete question:
Fran is from Country B. Use the data below to help Fran discover the GDP per capita in her home country. Note that population is expressed in millions of people, whereas Real GDP is expressed in billions of U.S. dollars.
Country - Population (in millions) - Real GDP (in billions of U.S. dollars)
A = 310 | $1,240
B = 595 | $29,155
C = 1,025 | $3,570
D = 1,020 | $35,700
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the world income appreciation fund has current assets with a market value of $2.5 billion and has 75 million shares outstanding. if the fund has a current market price quotation of $36.03, calculate the front-end load.
The World Income Appreciation Fund has 535 million shares outstanding, current assets with a market value of $7.1 billion, and a current market price quotation.
What is example of income?
For many people, an illustration of income would be their wage from a job. Any money that a person or business receives in exchange for labour, the creation of goods and services, or the investment of capital can be considered income. Revenues - Expenses = Net Income is the fundamental equation for an income statement. This straightforward equation reveals whether the business is profitable. The business is profitable if sales outweigh costs.
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analytical procedures are performed in the following order
Create an expectation, specify what constitutes a major difference, compute forecasts and contrast them with the quantity actually observed, and then explore significant differences.
What are analytical techniques?Analysis of feasible correlations between both fiscal and non data is what makes up analytical methods, which include evaluations of financial information.comparing the current economic statement(s) with the equivalent prior period statement (s).evaluating the relationship between present financial data and anticipated outcomes, such as projections or budgets.contrasting recent financial data with pertinent non-financial data.The following objectives are achieved using analytical procedures: to support the auditor in scheduling additional auditing processes, including their scope, time, and type. as a substantive procedures to gather evidence supporting specific claims regarding account balances or categories of activity.To learn more about analytical procedures refers to:
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Allocation is primarily as issue in A) Measuring Income B) None of the other threeC) Measuring Assets D) Both Measuring Assets and Income
Allocation is primarily an issue in measuring both assets and income, as it involves distributing resources in an equitable manner.
What is an allocation ?An allocation is the process of distributing resources among different activities or projects. Allocation of resources typically involves assigning a certain amount of money, time, labour and/or materials to a specific task or project.
The resources allocated to each activity or project are based on the goals of the organization and the relative importance of each activity or project. Allocation of resources helps organizations to ensure that they are using their resources in the most efficient and effective manner, thus achieving their organizational goals.
It is also used to ensure that resources are distributed fairly and equitably among all activities. Allocation of resources is a key element of an organization’s strategic plan and is integral to the success of the organization.
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