The budgeted factory-overhead rate =[tex]55001.4[/tex]
The budgeted factory-overhead rate is generally calculated by dividing Budgeted Factory Costs by Budgeted Hours or Budgeted Direct Labor Hours
The budgeted factory-overhead rate =FC+VC/T
[tex]= $55,000 +$1,400/$1,000=55001.4[/tex]
The manufacturing overhead cost to produce one unit is calculated by dividing the total manufacturing overhead by the number of units produced. The manufacturing overhead budget variance is the difference between the actual amount of fixed manufacturing overhead and the estimated amount (the amount budgeted when setting the overhead rate prior to the start of the year). By dividing the $50,000 total production overhead by the 10,000 units produced, $5 results.
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Community Fair. Craig and Melinda are searching for a one-time business opportunity that will enable them to make a sufficient amount of cash to take a really great vacation to Galapagos. They live in a rather small rural community that has not, to date, had a community fair. Craig and Melinda decide to sponsor a fair on a weekend in October and to arrange for exhibits and awards, beauty contests, pie eating contests, food vendors, and amusement rides. The profit to Craig and Melinda will come from ticket sales and from charges to food vendors for the privilege of setting up shop. Apart from some minor skirmishes between Craig and Melinda regarding management rights, preparations go fairly well. When the weekend of the fair arrives, things initially go fairly smoothly. Unfortunately, however, one of the beauty contestants slipped on the runway. An argument broke out during the pie eating contests resulting in angry contestants throwing pies and injuring spectators. Finally, an elderly lady who was angry because she did not win the prize for the best honey jabbed the volunteer judge with her cane. All injured parties threaten to sue Craig and Melinda. Craig tells Melinda that she should bear the larger percentage of any damages because the idea for the fair was initially hers, and she obtained all necessary permits. Melinda, on the other hand, tells Craig that he should be wholly responsible for any damages because he was put in charge of all competitions. They can reach no agreement regarding winding up the project and splitting the meager profits, and angrily go their separate ways with no resolution. As she is leaving, Melinda shouts to Craig that as her agent he should have done a better job with security. Which of the following is true regarding the liability of Craig and Melinda for the fair?
a. Craig is solely responsible because he was charged with handling security.
b. Under state law, it is generally required that the parties agree on the issue of liability prior to starting the project and file a copy of the liability agreement with the appropriate state agency.
c. Each party can be held responsible for the liability of the other.
d. The party who obtained the business license is solely responsible.
e. Under state law, neither party is generally exposed to liability in this type of project.
Each party can be held responsible for the liability of the other is true regarding the liability of Craig and Melinda for the fair. Therefore, the option C holds true.
Liability can be referred to or considered as the obligation of a person or an individual to compensate or bear the losses while being involved in a general contract or a business operation involving risk of losses. A joint liability is when two or more persons jointly hold the liability of a single event of loss. This liability may be split up in a predetermined proportion, or in full, depending upon the situation.
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martin was trying to sell pumps for circulating water in goldfish ponds when he realized that the reason he was not able to sell many pumps was because of the weight of the model he was trying to sell. he approached the firm with the idea to replace every possible metal part of the pump with a hard plastic substitute. after working on his feedback, the pumps became lighter in weight and were able to meet customers' requirements better. as the , martin saw the project from its conception to the development of a lighter pump.
A great place to start learning about the hobby of saltwater aquariums in a pond is goldfish ponds and hardiness to tolerate a range of conditions, goldfish—not to be confused with Koi fish—are a popular pond fish.
What are goldfish ponds?In general, goldfish perform much better in lagoons compared to tanks because they have more room to develop and more diverse natural weather, both of which are very beneficial to them. Although designing and maintaining a carp pond may at first appear to be a difficult endeavor, our tutorials are intended to simplify the process and give you a better understanding of how it's done. We go over everything in the sections below, including how to choose the size and location of our goldfish pond, what supplies you'll need, what plants, fittings, and plumbing to add, how and where to properly acclimatize goldfish to new ponds, and how to maintain them healthy throughout the year!
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The irrelevance of monetary changes for real variables is called monetary neutrality. Most economists accept monetary neutrality as a good description of the economy in the long run, but not the short run. O True b. False
The irrelevance of monetary changes for real variables is called monetary neutrality. Most economists accept monetary neutrality as a good description of the economy in the long run, but not the short run
This statement is TRUE
What is Money neutrality?
According to the notion of money neutrality, commonly known as neutral money, changes in the money supply only have an impact on nominal variables and not actual variables.
In other words, the Federal Reserve (Fed) and central banks' printing of money can affect prices and wages but not the economy's output or structure.
Although many modern economists continue to hold the view that neutrality is assumed in the long run once money has circulated throughout the economy, modern versions of the theory acknowledge that changes in the money supply might have an impact on output or unemployment levels in the short term.
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Analyzing and Computing Accrued Interest on Notes During the current year, Penman Inc. issued three short-term notes payable with principal and interest due at the end of the term of the note. Compute interest accrued for each of the notes payable as of December 31 of the current year (assume a 365-day year). Round answers to two decimal places.
The interest accrued for each of the notes payable as of December 31 of the current year is
Nissim:
Principal=$18,000 interest=8% Days completed a on Dec 31st 2012 is 40 days interest Accrued=(18000)*(8/100)*(40/365)= $157.81
Klein:
Principal=$11,000 interest=7% Days completed a on Dec 31st 2012 is 18 days
Interest Accrued=(11000)*(7/100)*(18/365)= $37.97
Bildersee:
Principal=$16,000 interest=10% Days completed a on Dec 31st 2012 is 12 days
Interest Accrued=(16000)*(10/100)*(12/365)= $52.60
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The John Equipment Company estimates its carrying cost at 15% and its ordering cost at $9 per order. The estimated annual requirement is 48,000 units at a price of $4 per unit.
Required:
What is the most economical number of units to order?
How many orders should be placed in a year?
How often should an order be placed?
The most economical number of units to order is 40and 48000 orders should be placed in a year.
EOQ formula: how is it created?
Annual demand, holding costs, and order costs are the main components of a formula that determines the economic Order Quantity (EOQ). With the help of this method, you can balance the amount of merchandise you sell with the cost of maintaining your inventory.
How do we determine the ordering level?
Correctly and efficiently calculating this level will ensure that your business places the exact right number of goods orders at the exact right moment, thus maximising income and minimising loss due to variables like wastage.
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Since July 2001, the middle eastern nation of Qatar has pegged its currency, the Qatar riyal (abbreviation: QAR) to the U.S. dollar at 1 QAR = 0.27473 dollars (1 U.S. dollar = 3.64 QAR). This small nation is very dependent on petroleum exports, which represent 85% of its exports. Consider the following events that affect the demand and supply of the Qatar riyal to see what the government of Qatar would have to do to keep its exchange rate fixed and what possible consequences could result from these required actions. a. Suppose the demand for Qatar's oil increases causing the price of oil to increase. First, show the impact on the foreign exchange market for the Qatar riyal, then determine the monetary policy response necessary to maintain the current fixed exchange rate. Instructions: Use the tool provided 'De' to plot the new demand and supply curves. Plot only the endpoints of the line (2 points total). Fixed Exchange Rates Tools S Exchange Rate (USD/riyal) 1.41 D Q, Quantity (Qatar riyal) To maintain its fixed exchange rate, the central bank of Qatar must pursue (Click to select) monetary policy, which will shift cause a (Click to select) v. This policy creates a risk of (Click to select) b. In the fall of 2014, world oil prices fell by more than 50% as world demand for oil decreased, causing demand for the Qatar riyal to decrease from D to D1. Show the monetary policy response necessary to maintain the current fixed exchange rate. Instructions: Use the tool provided 'Si' to plot the new supply curve. Plot only the endpoints of the line (2 points total). Fixed Exchange Rates Tools S Si Exchange Rate (USD/riya) 1.41 D. D 02 Quantity (Qatar riyal) To maintain its fixed exchange rate, the central bank of Qatar must pursue (Click to select) monetary policy, which creates a risk of (Click to select)
a. In this scenario, the demand for Qatar's oil increases, which causes the price of oil to increase. This leads to an increase in the demand for Qatar riyal, as the country's oil exports become more expensive and more buyers want to purchase the currency. The resulting shift in the demand curve for the Qatar riyal is shown in the diagram below.
To maintain the fixed exchange rate, the central bank of Qatar must pursue expansionary monetary policy, which will cause an increase in the money supply. This policy creates a risk of inflation, as the increased money supply can lead to higher prices.
b. Monetary policy: The central bank of Qatar must increase the money supply to offset the decrease in demand for the Qatar riyal.
Risk: The risk is that this monetary policy could cause inflation.
This policy will cause a shift in the supply curve.
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The private equity market, which is also known as the _____, can be a source of capital for privately held ventures. Multiple choice question. federal capital market regional capital market enterprise capital market seed-capital market
The private equity market, which is also known as the enterprise capital market , can be a source of capital for privately held ventures.
Option C is correct.
What does capital market mean?A capital market refers to where funds are exchanged between providers and those seeking capital for their own use. Providers of capital markets are typically banks and investors, while companies, governments and individuals seek capital.
What is the function of capital markets?Facilitate the movement of capital and ensure that it is used more profitably and productively to increase national income. Promote economic growth. Mobilize savings to finance long-term investments. Facilitate securities trading
What are his three components of capital markets?The primary function of capital markets is to match investors to buy and sell securities. The three main participants in capital markets are savers (also called investors), borrowers, and shareholders.
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A farmer has been given the opportunity to become a part owner in a local fertilizer business. If the farmer becomes an owner of the fertilizer business, he will receive $5,000 each year from the firm's profits. In addition, the farmer will receive a discount on fertilizer and he believes the discount will reduce his fertilizer costs by $2,000 per year. The farmer plans to retire in 20 years and thinks he can sell his equity in the fertilizer business for $60,000.(i) Calculate the market value of this investment if the market rate of return on comparable investments is 15%a. $43,815b. $47,481c. $103,815d. $68,514e. None of the above
d. The market value of this investment if the market rate of return on comparable investments is 15% is $68,514
We need to calculate the present value of the investment to determine its market value. The present value is calculated using the formula of PV = FV/(1+ r)^t.
In this case, the future value (FV) is the $60,000 the farmer expects to receive when he sells his equity in the fertilizer business, the rate of return (r) is 15%, and the time (t) is 20 years.
Substituting these values into the formula gives us: PV = 60,000/(1+ 0.15)^20 = $68,514.
Therefore, the market value of this investment is $68,514.
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Which is not an example of a liquid asset?; What is an example of a liquid asset?; Is cash a liquid asset?; Which account is not liquid?
Land, real estate investments, equipment, and machinery are regarded kinds of non-liquid assets because they take time to convert to cash, fees can be incurred to convert them to cash, and they might also not convert to money at all.
Which is now not an example of a liquid asset?The most frequent examples of non-liquid belongings are equipment, real estate, vehicles, art, and collectibles. Ownership in non-publicly traded organizations may want to also be viewed non-liquid. With these kinds of assets, the time to money conversion is hard to predict.
Which account is no longer liquid?Common examples of non liquid assets include actual estate, land, equipment, art, vehicles, collectibles, jewelry, and treasured metals, IRA accounts, and inventory. liquid assets are usually bought with capital expenditure and they depreciate over their lifetime, which is numerous years.
Is money a liquid asset?Cash is your most liquid asset due to the fact you do not need to take in addition steps to convert it – it is already cash. You can use it to pay for a right or carrier immediately and additionally use it to settle any exceptional debts. Cash is usually held in checking accounts, financial savings money owed or cash market accounts.
What are examples of liquid assets?Examples of liquid assets may also consist of cash, money equivalents, cash market accounts, marketable securities, temporary bonds, or accounts receivable.
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https://brainly.com/question/7644266#SPJ4which of the following is not one of the benefits of medium to long range 3d scanners? group of answer choices good accuracy and resolution large scanning area portable all are benefits.
Among all the given benefits, this can be stated that all the given benefits are the result of medium to long range 3d scanners. Hence, Option D is correct.
What is the meaning of scanners?Usually connected to a computer, a scanner is a gadget. Its main job is to scan or take a photo of the paper, digitise the data, and display it on the computer screen.
Using a laser beam, a scanner, also known as an optical scanner, inputs data into a computer or computer system as codes, text, or graphic pictures. In retail stores, bar-code scanners are frequently utilised at the point-of-sale terminals.
Therefore, Option D is correct.
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If the current level of real GDP lies below potential GDP, then an appropriate fiscal policy would be to increase _____, which will shift the _____ curve to the _____.A) government purchases; aggregate demand; leftB) transfer payments; aggregate supply; rightC) tax rates; aggregate demand; rightD) government purchases; aggregate demand; right
If the current level of real GDP lies below potential GDP, then an appropriate fiscal policy would be to increase d)government purchases which will shift the aggregate demand curve to the right.
The aggregate demand/supply model demonstrates how total supply and total demand interact at the macroeconomic level as well as what factors affect total supply or total demand for the economy.
As the components of aggregate demand—consumption spending, investment expenditure, government spending, and spending on exports minus imports—increase, the aggregate demand curve, or AD curve, moves to the right.
With the decline of these components, the AD curve will turn back to the left. Increasing any of these factors causes the AD curve to move to the right, which boosts real GDP and puts pressure on the price level to rise.
Any component reduction causes the AD curve to shift to the left, lowering the price level and real GDP as a result.
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which of the following bonds makes no interest payments? multiple choice a bond whose coupon rates are less than the market interest rates zero-coupon bond a bond whose coupon rate is equal to the market interest rates a bond whose coupon rates are greater than market interest rates
Zero-coupon bond a bond whose coupon rate is equal to the market interest rates makes no interest payments.
One sort of bond provides no interest payments until the bond matures. Because they don't get coupon payments, these are known as zero-coupon bonds. Zero coupon bonds are bonds that do not pay interest during the life of the bond; instead, the bond pays a single payment at maturity that is greater than the original purchase price.
Zero-coupon bonds are the only class of fixed-income investments that are free of investment risk because they do not require regular coupon payments. Instead, investors purchase zero-coupon bonds at a significant discount to their face value, which is the sum the investor will receive when the bond "matures" or becomes due.
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a dependable and attractive strategy for managers to use in trying to boost their company's eps is to
b. Concentrate the company's production of footwear at a large-scale production facility in the Asia-Pacific--the resulting super-low production costs and the ability to produce 500 models/styles cheaper than any other production facility in the world will typically yield consistent annual increases in total profits and Earnings Per Share (EPS) in step with the rising global demand for branded footwear.
Earnings Per Share (EPS) is an abbreviation for earnings per share. The goal of a company is to achieve a high EPS so that it can show profits, and having a high EPS indicates high profits. When a company has a differentiation-based competitive advantage, it can show and have differentiation between another company and its products, giving it a competitive advantage over another company.
The earnings per share (EPS) of a company is calculated by dividing its profit by the number of outstanding shares of common stock. The resulting figure is used to calculate the profitability of a business.
Earnings Per Share (EPS) of a company are typically adjusted for unusual items and potential share dilution. The higher the earnings per share (EPS) of a company, the more profitable it is thought to be.
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The complete question is:
A dependable and attractive strategy for managers to use in trying to boost their company's eps is to
a. market branded footwear with a 9-star or higher S/Q rating in all four geographic regions and strive to be the dominant provider of private-label footwear in all four geographic regions every year, the added revenues and profits on the extra sales of branded and private-label footwear worldwide will normally cause the company's EPS to increase in most years.
b. Concentrate the company's production of footwear at a large-scale production facility in the Asia-Pacific--the resulting super-low production costs and the ability to produce 500 models/styles cheaper than any other production facility in the world will typically yield consistent annual increases in total profits and EPS in step with the rising global demand for branded footwear.
c. offer 500 models/styles of branded footwear in all four geographic regions and strive to win a sufficient number of contracts for celebrity endorsements to achieve and maintain a celebrity appeal rating of 225 or higher in each geographic region, the resulting increases in sales and market share will boost EPS.
d. spend at least $1 million to $3 million more on advertising than any other company in all four regions, the resulting annual increases in sales volumes, revenues, and profits will normally boost the company's EPS.
e. use debt to finance most all of the company's capital expenditures (to the extent that maintaining a B+ credit rating or higher will allow) and then use most all of the company's.
Big Time University has a football stadium that seats up to 80,000 fans. Details include:
Six home games each year.
Season passes are sold for $400 each. All 60,000 season passes are sold over the period January through August (prior to the season). Cash is received at the time of the sale.
The six home games consist of two in September, three in October, and one in November.
As the new Assistant Athletic Director, you are preparing the football budget for the upcoming season. To assist in that preparation you have assembled data regarding the past season. The bar graphs show the total cash received from season pass sales and sales revenue recognized by the university each month. The line graph plots the balance of the Deferred Revenue account over the year.
Cash Received, Deferred Revenue, and Revenue Recognized
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
Jan Feb Ma
Click here to open the graph(s) in a new tab.
Required:
1. In which month were the most season passes sold?
2. In which month was the most sales revenue recognized?
3. Based on the graph, which statement best summarizes when revenue is recognized?
4. What happens to the balance of Deferred Revenue when cash is received for a season pass prior to the season?
5. What is the total amount of Deferred Revenue by the end of August once all 60,000 season passes are sold for $400 each?
6. What happens to the balance of Deferred Revenue when games are played?
7. What will be the balance of Deferred Revenue after the final home game is played in November?
1. Which month sold the most season passes:
Answer: April
2. Which month saw the greatest increase in sales revenue:
Answer : October
3. Which of the following statements best summarizes when income is recognized, according to the graph:
Answer: Based on graph,all picto graph, Line graph & Bar graph representing the data very well. But I think Bar graph representing revenue giving more clarity
4. When cash is received for a season pass prior to the season, what happens to the balance of Deferred Revenue:
Answer: The revenue is going up before seas and reaching the maximum in the month of August, before starting the season and then, it is going and reaching at zero level in the month of November.
5. How much Deferred Revenue will there be by the end of August if all 60,000 season passes are sold for $400 each?
Answer: The total amount in the month of August is $ 24000000(60000x$400)
6. When games are played, what happens to the balance of Deferred Revenue:
Answer: As usual the deferred revenue expenditure which paid in advance written off periodically and became zero at the end of the period
7. What will be the balance of Deferred Revenue when the last home game is played in November:
Answer: It is nil and it has to be also nil.
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What is the money demand curve?; Why is the money demand curve downward sloping opportunity cost?; What is the opportunity cost of holding money?; What affects the money demand curve?
The money demand curve is a graphical representation of the relationship between the quantity of money demanded by households and businesses and the nominal interest rate.
Why is the money demand curve downward sloping opportunity cost?
The opportunity cost of holding money is reflected in the downward-sloping money demand curve. The opportunity cost of holding money rises in proportion to the amount held. This opportunity cost is the return that a person could have earned if they had invested their money rather than kept it in cash. As a result, as the amount of money held grows, so does the potential return on investment and the demand for money.
What is the opportunity cost of holding money?
The opportunity cost of holding money is the potential gain from investing it in something else, such as stocks, bonds, or other financial instruments. Money held in cash earns no return, so the opportunity cost of holding money is the return that could have been earned from investing it elsewhere.
What affects the money demand curve?
The money demand curve is affected by a variety of factors, including the level of interest rates, the level of economic activity, the level of inflation, and the level of government spending. Other factors such as the availability of credit, the types of investments available, and the public’s expectations about the future can also affect the money demand curve.
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Which of the following statements is/are correct regarding Indian Federalism?
1. The word federalism is mentioned in Article 1 of the Indian Constitution.
2. India is a holding together type of federalism.
a)1 only
b)2 only
c)Both 1 and 2
d)Neither 1 nor 2
Which of the following statements is/are correct regarding Indian Federalism- India is a holding-together type of federalism.
Federalism is a machine of presidency wherein strength is divided between a central authority and various constituent devices of us of a. every other simple concept embodied within the charter is federalism, which refers to the division and sharing of electricity among the country-wide and state governments. Federalism is a gadget of the presidency in which the energy is divided among a central authority and numerous constituent units of the USA.
Federalism is a mixed or compound mode of the presidency that combines widespread authorities (the significant or "federal" government) with local governments (provincial, kingdom, cantonal, territorial, or different sub-unit governments) in a single political system, dividing the powers between the 2.
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b. If you haven't already, click the link for the webpage of the potential agreement you selected, and navigate through it to answer the remaining questions. You may have to go to other websites to find some information. If so, be sure to cite your source in your response. List five main points of this agreement.
NAFTA stipulates that during a ten-year period, the United States, Canada, and Mexico will gradually eliminate all tariffs on merchandise trade and scale back prohibitions on service trade and foreign investment.
What conditions must a free trade agreement meet in order to be compliant with the WTO?
RTAs must adhere to WTO regulations governing such agreements, which include that parties must have established free trade on the majority of commerce within the regional area and cannot increase their tariffs or other trade barriers against nations outside the accord.
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a company must accrue for estimated future returns at the end of the period in which the related sales revenue is recognized.
A company must accrue for estimated future returns at the end of the period in which the related sales revenue is recognized --- True
What does sales mean?
Income is income from products and services before deduction of costs. It is typically calculated over a defined period of time, such as a fiscal year or quarter. From an accounting perspective, turnover is a component of a company's turnover. In the income statement, turnover is usually called gross turnover. Companies can also report net sales. This is the result of subtracting returns from gross sales.
Why Sales Revenue Matter ?Revenue is the first metric reported on the income statement. There are good reasons for this. This represents the starting point for a company to determine its net profit.
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In vertical analysis of the income statement, we usually express each income statement item as a percentage of:
a) Net income
b) operating expenses
c) tax expense
d) sales
In vertical analysis of the income statement, we usually express each income statement item as a percentage of (d) sales
What is a vertical analysis of an income statement?
Vertical analysis is a type of financial analysis where each line item in the statement is given as a percentage of a base amount. As a result, line items on income statements are now expressed as percentages of gross sales rather than as precise cash amounts.
How do you perform vertical analysis of income statement?
Vertical analysis formula = (Statement line item / Total base figure) X 100. Horizontal analysis formula = {(Comparison year amount - Base year amount) / Base year amount} X 100.
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a nursing supervisor is planning an annual performance appraisal of a staff member on the unit. which of the following actions should the nursing supervisor take?
Have the in-depth knowledge of the job descriptions and capabilities of each person on the team. Cannot delegate the practice-pervasive functions of the assessment. Assure the care was delivered accurately and appropriately. To delegate some aspects of the nursing plan, a nursing supervisor has the requirements to statement numbers.
What is the role of a nursing supervisor?A nursing supervisor is responsible for maintaining safe and smooth operations and acting as the link between clinical care and hospital management, assigning and monitoring staff nurses, overseeing patient care, and ensuring the guidelines and quality of service are constantly improving.
The question seems incomplete. The complete options of the question are as stated:
“In-depth knowledge of the job descriptions and capabilities of each person on the team.”
“Each member of the team to state which tasks they enjoy and assign accordingly to improve staff morale.”
“The person assigned to the task is ultimately responsible for the care they provide.”
“Registered nurses cannot delegate the practice-pervasive functions of assessment.”
“Registered nurses must assure the care was delivered accurately and appropriately.”
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As firms simultaneously downsize and face the need for increased coordination across organizational boundaries, a control system based primarily on boundaries and constraints would beMultiple Choiceeffective.dysfunctional.recommended.ideal.
As firms simultaneously downsize and face the need for increased coordination across organizational boundaries, a control system based primarily on boundaries and constraints would be dysfunctional
One of the proposition presented by The Theory of Restrictions is to zero in on the highlight be improved and afterward we can continue on toward the meaning of each and every day; a chain is essentially areas of strength for as the most fragile connection; Following this way of thinking we should find what is the most fragile connection in a cycle in an organization and improve by then, recall that the speed of an interaction will constantly be the slowest cycle, making a limitation in the process that can show up in any space of the association.
The administration model in traditional organizations is aimed at cost control. The Theory of Restrictions instructs us that we should change the methodology, we shouldn't immediate our endeavors in cost control, yet rather in producing cash. To produce cash you need to work with the client and contingent upon the client, however for that to happen we should set up the organization to have the option to answer that client, consequently we should get ready functional models that are lithe, adaptable, fit for answering consistent and evolving prerequisites.
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assuming adjusting entries are made at the end of each month, determine the balance in the interest payable account at december 31, 2022. balance in interest payable account
Balance in the interest payable account is $47585 assuming adjusting entries are made at the end of each moth.
Let us assume the cash debited in the 1 June is 46500. then notes payable to record he receipt of fund from loan is 46500. then on 31 June the interest expenses is,
46500 * 4% * 1/12 = 155
so the interest payable to record the accrual of interest is 155. Interest Payable is a liability account, shown on a company's balance sheet, which represents the amount of interest expense that has accrued to date but has not been paid as of the date on the balance sheet.
Then the balance in interest payable account is,
46500 * 4% * 7/12 = 1085
On January 1 , interest payable is $1085 and the notes payable is 46500. so the total cash to record the repayment of loan is 46500 + 1085 = $47585 .
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inventory cost increases at an accelerating rate as the customer-service level approaches 100 percent. True or False
Statement is true as inventory cost increases at an accelerating rate as the customer-service level approaches 100 percent
What is inventory cost and customer service level?Inventory cost includes the costs to order and hold inventory, as well as to administer the related paperwork. This cost is examined by management as part of its evaluation of how much inventory to keep on hand. This can result in changes in the order fulfillment rate for customers, as well as variations in the production process flow.
Giving a description of "customer service level" would require talking for hours about service quality and many strategies to ensure it. The frequency with which clients received services of varying quality can be summed up as the customer service level. It is frequently expressed as a percentage and greatly affects the standing of a contact center.
So, we can conclude that inventory cost increases at an accelerating rate as the customer-service level approaches 100 percent.
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evaluating how the company will sustain the ability to change and improve is part of the _____ perspective of the balanced scorecard.
Evaluating how the company will sustain the ability to change and improve is part of the learning and growth perspective of the balanced scorecard.
What is a balanced scorecard?
A balanced scorecard is a tool for strategy performance management. It is a well-structured report that managers can use to keep tabs on how the employees under their supervision are carrying out their duties and how these decisions are having an impact on the business.
The crucial elements of a balanced scorecard are:
its focus on the strategic agenda of the organization or coalition in question; a focused set of measurements to track performance against objectives; a combination of financial and non-financial data items (originally divided into four "perspectives" - Financial, Customer, Internal Process, and Learning & Growth); and, a portfolio of initiatives intended to affect the performance of the measures/objectives.To learn more about a balanced scorecard from the given link
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evaluating how the company will sustain the ability to change and improve is part of the _____ perspective of the balanced scorecard.
mentors are high-level managers and professionals who prepare with people high potential for advancement. True or False
The statement " Mentors are high-level managers and professionals who prepare with people high potential for advancement." is true.
Give a brief account on mentors.Someone who can help, counsel, and mentor you is a mentor. In addition to a manager or supervisor, this relationship benefits from a more intimate and private framework. There is no one-size-fits-all type of mentor; they may wind up being lifelong friends or they may merely be there to help you through a certain objective. Oprah Winfrey, Richard Branson, Christian Dior, and other famous people have all openly highlighted the influence their mentors had on their career.
A mentor's job is to support your personal development and help you realize your full potential. This could entail giving you advice on how to reach your professional or personal objectives, exposing you to fresh perspectives, posing limiting questions, imparting insightful life lessons, and much more. You may have multiple mentors over the course of your life and profession who serve as your guidance. In reality, mentoring comes in a wide variety of forms, including group and peer-to-peer. There are numerous ways to locate a mentor.
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an increase in lifetime wealth group of answer choices increase current labor supply and decrease current consumption demand. increase current labor supply and increase current consumption demand. decrease current labor supply and increase current consumption demand. decrease current labor supply and decrease current consumption demand.
An increase in lifetime wealth decrease current labor supply and increase current consumption demand.
The main determinant of labor supply is the wage rate. on the lower portion of the supply curve, humans are willing to deliver extra labor hours whilst wage increases. however, exertions supply curve will bend backwards on the better wage price, indicating a poor courting between salary rate and labor deliver amount.
The exertions marketplace refers back to the supply of and call for for exertions, wherein personnel provide the supply and employers offer the demand. The hard work market have to be considered at both the macroeconomic and microeconomic levels.
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T/F in a perpetual inventory system, a purchase allowance is treated as a decrease in expenses by the company that purchased the goods.
A purchase allowance is viewed as a reduction in expenses by the company that purchased the goods in a perpetual inventory system.
What is a system of perpetual inventory?
System of perpetual inventory. a system for keeping track of inventory that keeps track of when it enters and leaves the company. Stock Cards are utilized for each inventory item.
In order to ensure that the book inventory accurately depicts the actual stock, perpetual inventory is a continuous accounting practice that records inventory changes in real time without the need for physical inventory.
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In a futures contract, if funds in the margin account fall below the maintenance margin requirement, a margin call is issued.True or False
In the case of futures contracts, a margin call is issued when the funds in the margin account fall below the maintenance margin requirement.
Hence, the statement is TRUE
What is a Margin account?
A brokerage account in which a trader's broker-dealer loans them money to buy stocks or other financial items is referred to as a "margin account." The securities kept in the margin account are used as collateral for the loan. To keep it active, the investor is required to pay a recurring interest rate. Investors can improve their purchasing and trading power by borrowing money from a broker-dealer through a margin account. Leverage is used when investing with margin accounts, increasing the possibility of magnifying an investor's gains and losses.
With a margin account, a trader can borrow money from a broker without having to put up the entire trade's worth.A margin account often enables a trader to trade both stocks and other financial instruments like futures and options (if authorised and accessible with that broker).The possibility for profit and loss of the trader's capital is increased by a margin.A margin charge or interest is applied to borrowed money when trading equities.Learn more about Margin Account from the link below
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the impact of an upcoming dividend payment on the underlying stock on an american-style put option is most likel
When the underlying stock goes ex-dividend, call options will decline and put options will increase in value as the stock price reflects the dividend to be paid.
All of the shares used to split ownership of a corporation or firm constitute stock in the financial world. A single share of stock represents a fractional ownership interest in the company based on the total number of shares.
This usually entitles the shareholder to that percentage of the business's revenues, proceeds from the sale of firm assets, or voting power, distributing these items frequently in proportion to the sums contributed by each stockholder. Not every class of stock is created equal; some may have improved voting rights, no voting restrictions, or a specific priority to earn profits or liquidation proceeds before or after other classes of shareholders.
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Suppose that the paper clip industry is perfectly competitive. Also assume that the market price for paper clips is 2 cents per paper clip. The demand curve faced by each firm in the industry is: O a vertical line at 2 cents per paper clip. O always higher than the firm's MC curve the same as the market demand curve for paper clips O a horizontal line at 2 cents per paper clip
Each company in the sector must deal with a demand curve that is (C) a horizontal line at $2 per paper clip.
A market model known as perfect competition is predicated on the idea that many companies create the same commodities that are purchased by many clients. The assumption made by the model of competitive equilibrium is that it is simple for new businesses to enter the market and for remaining customers to depart. Furthermore, it relies on the belief that buyers and sellers are adequately educated about the market's current condition.
What properties do paper clips possess?
Shape and composition
Paper clips often have an oblong shape with straight edges, although they can also have more complex designs like trapezoidal or circular shapes. Steel or another type of metal is the most typical component, however poured polymer is also utilized .
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