The following is a list of costs incurred by several manufacturing companies: Product costs are those costs associated with the production of a product cost.
A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.
There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each has its own benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-term sustainable returns, and each word in that phrase is vital.
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making arrangements to repair a defective item sold to a customer answer for prompt 1 making arrangements to repair a defective item sold to a customer prompt 2entering a customer order into the manufacturers order fulfillment database answer for prompt 2 entering a customer order into the manufacturers order fulfillment database prompt 3establishing a website self-service portal so customers can enter/maintain their profile information
Post transaction items. This phase represents the variety of services needed to support the product in the field protect consumers from defective products provide for the return of packages and process claims, complaints and returns.
Post transaction components include line downs or failures, defective finished goods, rejected product, system or field failure, repair or replacement costs, loss of customer goodwill, additional communication, and possibly training. Quality customer services throughout the supply chain can lead to on-time delivery, transportation savings, satisfied customers, and peace of mind. On the other hand, poor customer service and communication in logistics can result in higher costs and damage to customer relationships. Post-Transaction Period means, with respect to any Specific Transaction, the period beginning on the date such specific transaction is consummated and ending on the last day of the fourth consecutive full fiscal quarter immediately following the date such Transaction is consumed temperature.
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use the is-il model to determine the effects of each of the following on the general equilibrium values
The answer of the given question is - A reduction in the effective tax rate on capital increases desired investment.
Just a few months after his fellow British economist John Maynard Keynes released "The General Theory of Employment, Interest, and Money," John Hicks initially presented the IS-LM model in 1936. Although it is primarily utilized as a heuristic tool today, Hicks' model served as a codified graphical depiction of Keynes' views.
The IS-LM model's three essential exogenous, or external, variables are liquidity, investment, and consumption. The amount and flow of the money supply, according to the notion, determine liquidity. The marginal choices made by individual actors impact the amounts of investment and consumption. many actors.
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A client is heavily invested in an exchange-listed security and decides to liquidate the investment to purchase shares of an S&P 500 Index fund. In doing so, the investor has protected against
The investor has thus gained protection from:
1. Market volatility: By diversifying their portfolio with an S&P 500 Index fund, the investor has spread out their investments over a broad range of stocks and reduced their exposure to any single stock.
2. Concentration risk: By diversifying their portfolio with an S&P 500 Index fund, the investor has spread out their investments and reduced the risk of any single stock having too large of an impact on their overall returns.
3. The risk of a single security: By diversifying their portfolio with an S&P 500 Index fund, the investor has spread out their investments and reduced their exposure to any single security. This reduces the chance of the performance of a single security having a drastic impact on their overall returns.
What is investor?
A person who wants to invest money in the expectation of profit or future advantage is known as an investor (interest). Most frequently, the investor uses the allocated funds to purchase a specific type of property. Investment types include equity, debt, securities, real estate, infrastructure, cash, commodities, trinkets, derivatives like put and call options, futures, as well as forwards. This definition does not distinguish between main market investors but also secondary market investors. In other words, stock purchases and financial investments are both made by individuals. A shareholder is an investor who holds shares of stock.
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which of the following is the best factor for determining the extent of data collection during the planning phase of an is complance audit?
The following is the best factor for determining the extent of data sharing and collection during the planning phase of an is compliance audit : Purpose, Objective, and Scope of the audit.
Data sharing is the practice of creating records used for scholarly research available to different investigators.
Facts sharing is the exercise of supplying companions with get admission to to records (in this situation, administrative facts) they cannot access in their personal records systems. statistics sharing lets in stakeholders to examine from each different and collaborate on shared priorities.
At a basic degree, facts sharing is the capacity to distribute the equal units of facts resources with more than one users or programs while retaining information constancy throughout all entities consuming the facts.
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oligopolists are tempted to produce more thn the quantity that would maximize industry profits because when they increase output
That would maximize industry profits because when they increase output the price effect is spread across multiple firms.
Who are oligopolists?
There are just a few businesses in an oligopoly market structure, and none of them can stop the others from having a significant influence. The concentration ratio is used to determine the market share of the largest corporations.
A monopoly market has only one producer, a duopoly market has two companies, and an oligopoly market has three or more companies. Unknown is the maximum number of firms that may exist in an oligopoly, but it must be few enough for each firm's operations to significantly affect those of the others.
Oligopolies have occurred in the past in a variety of industries, including steel, oil, railroads, tires, grocery store chains, and telecommunications.
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with an environmental tax, the firm decides to produce the socially optimum quantity and at the same time reaches the point where its marginal private cost is equal to its after-tax price. T/F
With an environmental tax, the firm decides to produce the socially optimum quantity and at the same time reaches the point where its marginal private cost is equal to its after-tax price. This is false.
What is environmental tax?
Environmental taxes are those established to penalise actions that harm the environment. They are fundamental to reversing climate change since they are founded on the straightforward tenet "those who pollute, pay." Environmental taxes, sometimes known as "green taxes," are charged on activities that are deemed to be environmentally harmful with the goal of encouraging environmentally favourable behaviours through financial incentives.
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an employer may terminate a term employee diring the stated term without being liable for damages if the employee was fired
An employer may terminate a term employee during the stated term without being liable for damages if the employee was fired For cause.
When can an employer terminate an employee?
Unless a new contract is provided or the terms of the original contract are changed, an employee is assumed to have been terminated at the end of such a contract. Employees in India who are let go by their employers frequently receive one month's notice or cash in lieu of notice, as is the case in the majority of other nations.
What are 3 types of termination of contracts?
A contract can be terminated by either of the parties or both by consent or agreement. There are multifarious ways in which a contract comes to an end such as on its completion, impossibility of performance (frustration), breach, termination by prior agreement, rescission, novation of contract or force majeure
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contagion effect occurs when a failure of one di leads to concerns among depositors about the solvency risk of the other dis. True or False
Answer:
True, contagion effect occurs when a failure of one leads to concerns among depositors about the solvency risk of the other dis.
Explanation:
ContagionThe spread of an economic crisis from one market or region to another—which might take place on a national or international scale—is referred to as a contagion. Since many of the same goods and services, particularly labor and capital goods, can be employed in a variety of markets and since almost every market is connected through monetary and financial systems, contagion can happen.
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based on predicted production of 48,000 units, a company budgets $600,000 of fixed costs and $492,000 of variable costs. if the company actually produces 40,000 units, the flexible budget amount of fixed costs is $600,000.
Fixed cost that will remain same as $600000 because it does not change even after the increase or decrease of the goods.
Fixed cost is the cost of a business expense that doesn't change even when there's an increase or decrease in the number of goods and services produced or sold. Fixed costs are commonly related to recurring expenses that aren't directly related to production such as rent, interest payments, and insurance. Fixed costs remain the same irrespective of the level of output. Thus the fixed cost in the flexible budget would remain the same as in the static budget. Thus the fixed costs would be $600,000. it will not change.
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The future value of $1,000 compounded annually for 8 years at 12% may be calculated with the following formula:
FV = $1,000 * (1 + 12%)8
If the same $1,000 was compounded quarterly, what formula would you use to calculate the FV?
Multiple Choice
FV = $1,000 * (1 + 3%)8
FV = $1,000 * (1 + 12%)32
FV = $1,000 * (1 + 3%)32
FV = $1,000 * (1 + 12%)2
The formula you would use to calculate the future value is FV = $1,000 * (1 + 12%)32.
What is future value?Future value refers to an asset's value in a future time. The value does not account for future inflationary adjustments or other variables that may impact the true value of money. When an investor gets money, they have two choices: they can spend it now or they can invest it. The interest he will earn from a loan will allow him to accumulate money value as recompense for preserving it. Therefore, economic agents compound the quantity of money at a specific interest rate to determine the actual value of the money today after a specified length of time. The risk-free interest rate, which is equivalent to the minimum guaranteed rate offered by the bank's savings account, is the one that is typically used in actuarial calculations.
FV = $1,000 * (1 + 12%)8*4
FV = $1,000 * (1 + 12%)32
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which of the following are true of the job outlook according to the 2020-2021 occupational outlook handbook?
according to the 2020-2021 occupational outlook handbook the following statements are true.
- Certain jobs in the medical field were expected to grow the most rapidly.- The highest-paying occupations require a college degreeA statement about the job outlook projects the employment rate for a given occupation over the next ten years and contrasts it with the expected employment rate for all other occupations.
The Occupational Outlook Handbook (OOH) offers details on the tasks performed by workers, the working environment, education, training, and other qualifications, pay, and the employment outlook, as well as information on state and local statistics, comparable occupations, and sources of additional information for more than 300 occupational profiles.
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a flood destroyed a business asset owned by boochi company. boochi's adjusted tax basis in the asset was $87,100. six months after the flood, boochi used its $100,000 insurance settlement to replace the asset. boochi can recognize a $12,900 gain or it can elect to defer gain recognition.
A business asset that belonged to the Boochi company was damaged by a flood. The asset's adjusted tax basis for Boochi was $87,100.
Boochi replaced the asset with its $100,000 insurance settlement six months after the disaster. Boochi has two options: it can choose to defer realising the $12,900 gain.
When a claim for house insurance is made and approved by the insurer, a settlement is given to cover the loss and damage. A cash settlement means the insurance company will give you the agreed-upon amount in cash.
In a straightforward financial transaction known as a cash settlement, the homeowner receives money from the insurance company. When deciding to repair oneself or use the money for a significant undertaking, such a complete rebuild, some homeowners choose to get a monetary settlement.
When they are considerably underinsured, some people elect to accept a cash settlement and use the funds to prioritise the repairs they want to make.
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a diner complains to his server, alyson, that his meal is not to his liking. without consulting with her manager, alyson immediately tells the customer that he will not need to pay for the meal, and offers to bring him a different entree at no charge. alyson is an empowered employee.
Without consulting with her manager, Alyson immediately tells the customer that he will not need to pay for the meal, and offers to bring him a different entree at no charge. Alyson is an empowered employee is true.
Globalization permits companies to discover decreased-value ways to provide their merchandise. It additionally will increase international opposition, which drives Fees down and creates a larger sort of selection for customers. Decreased fees assist human beings in both developing and already-developed countries living higher on much less money.
Here's an instance of a tremendous monetary statement: "authorities-supplied healthcare will increase public expenditures." This announcement is reality-based totally and has no value judgment attached to it.
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If the CPI in Year 1 is 120 and in Year 2 is 130, then what impact will this have on the price level and cost of living for individuals?a. Price level will increase, and the cost of living for individuals will also increase.b. Price level and the cost of living for individuals will remain the samec. Price level will decrease, and the cost of living for individuals will also decrease.d. Price level will remain the same, but the cost of living for individuals will increase.e. Price level will decrease, but the cost of living of individuals will increase.
If the CPI in Year 1 is 120 and in Year 2 Is 130, then the impact will be the price level will increase, and the cost of living for individuals will also increase. The correct option is a.
What is CPI?CPI or Consumer Price Index can be understood as something which measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. It is one of the most popular measures of inflation and deflation. It also uses a report which has a different survey methodology, price samples, and index weights than the producer price index.
It count the changes in the prices received by U.S. producers of goods and services.
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The use of _____ would be suggested for manufacturers who wish to generate consumer trial but delay the reward.
a. phone cards
b. scanner-delivered coupons
c. self-liquidating premiums
d. price-offs
e. rebates
The use of phone cards would be suggested for manufacturers who wish to generate consumer trial but delay the reward.
Phone cards is a prepaid card used to pay for the phone calls one makes.
You use a card by dialing an access number, which can be either a local or toll-free number, after purchasing it. The personal identification number—which is ordinarily found on the card you bought—and the phone number you wish to call will then be requested of you.
A SIM (Subscriber Identity Module) card, which is a tiny, portable memory chip that stores data about you as a cell phone user, is described in layman's terms. It has a seventeen-digit code that identifies the user ID, the system carrier (such as AT&T or Verizon), and the country code of origin.
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What's the Difference Between Fixed and Variable Expenses?
Part of growing a budget is distinguishing between fixed and variable fees: constant prices: those are expenses that largely stay constant, which includes your monthly lease or loan.
Variable expenses are prices that alternate because the volume changes. Examples of variable costs are raw substances, piece-charge hard work, production substances, commissions, shipping charges, packaging elements, and credit score card prices.
constant-price financing approach the hobby fee for your mortgage does not alternate over the life of your loan. Variable-charge financing is wherein the interest fee in your mortgage can alternate, based on the top rate or some other price called an index.
Software bills may be considered each constant and variable fees. If a manufacturing business closely depending on energy begins to use more strength due to the fact its sales have accelerated developing a demand for greater product, then electricity is a variable cost.
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which of th following are agencis under the department of labor that oversee fairness and saftey in american workplaces? A. Bureau of Labor Statistics
B. Consumer Price Index
C. Employment Standards Administration
D. Federal Reserve System
E. Occupational Safety and Health Administration
F. Securities and Exchange Commission
Agencies that are given in options A, C, and E work under the department of labor overseeing fairness and safety in American workplaces.
The mission of the department of labor in America is to promote, foster, and develop the welfare of job seekers, wage earners, and retirees; advance opportunities for profitable employment; improve working conditions, and assure work-related benefits and rights. There are many agencies that fall under the department of labor in America, including the Bureau of Labor Statistics (BLS), Employment Standards Administration (ETA), and Occupational Safety and Health Administration (OSHA).
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The senior vice presidents at Terra Firma Construction are each responsible for a specific function within the Organization. One leads the human resources team, one the marketing teen, another the finance team, and so which of the following options for vier viewing organization Charts would best assit you in reporting the areas of specialization within Terra firma Construction?
A. scanning the chart vertically B. working from the entry-level positions upwards. C. studying the charts matrices D. examining the chart from side to side.
Scanning the chart vertically vier viewing organization Charts would best assit you in reporting the areas of specialization within Terra firma Construction.
What are the benefits of organizational chart?When a single IP address is examined on several ports, this is referred to as vertical scanning.
An organizational chart, also known as an organigram, organogram, or organizational breakdown structure, is a diagram that illustrates the links and relative ranks of an organization's parts, positions, and tasks.
Two categories of organizational charts are frequently used. their is
Vertical \Horizontal
It frequently depends on the layout's design. A vertical organizational chart frequently has the CEO or company president at the top and resembles a pyramid.
It frequently has a single segment with a number of middle management and departmental managers.
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tynscorp wants to get input from its employees regarding its benefits package. the most common way to do this would be to use
Tynscorp wants to get input from its employees regarding its benefits package. the most common way to do this would be to use Opinion surveys
What is opinion survey method?
Opinion polls are generally designed to symbolize the evaluations of a populace through carrying out a sequence of questions after which extrapolating generalities in ratio or inside self assurance intervals. A individual who conducts polls is called a pollster.
Which time period describes a advantage plan that gives a well known set of advantages?Defined-advantage plans offer eligible personnel assured profits for existence once they retire. Employers assure a particular retirement advantage quantity for every player this is primarily based totally on elements which include the worker's revenue and years of service.
What are the not unusual place advantages that we get as an worker withinside the company?Benefits are any perks provided to personnel further to revenue. The maximum not unusual place advantages are medical, disability, and existence insurance; retirement advantages; paid time off; and fringe advantages. Benefits may be pretty valuable.
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consider an economy with two labor markets: one for manufacturing workers and one for service workers. suppose initially that neither is unionized. which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? check all that apply.
□ The wage of manufacturing workers will rise. □ The quantity of manufacturing workers demanded will fall. □ The quantity of manufacturing workers supplied will rise. □ There will be an increase in employment of manufacturing workers
The quantity of manufacturing workers demanded will fall happen to the manufacturing labor market if manufacturing workers formed a union.
Manufacturing occupations are defined as those producing new products directly from raw materials or parts. These jobs are usually done in factories, plants, or factories, but they can also be done at home, so long as products are created rather than services.
It involves manufacturing new products by assembling various components by chemical or mechanical means. Manufacturing items such as phones, cars, computers, and food and beverages can be done on a large scale.
Manufacturing includes businesses that mechanically, physically, or chemically transform materials, substances, or components into new products.
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the measures the difference between the actual fixed overhead costs incurred and the budgeted fixed overhead costs.
The difference between the actual fixed overhead expenditure incurred and the projected fixed overhead expense is the fixed overhead spending variance.
An unfavorable variance indicates that real fixed overhead expenditures exceeded expectations.
the discrepancy between the projected and actual fixed overhead costs The difference between the total fixed overhead planned cost and the total fixed overhead actually incurred during a particular accounting period is referred to as fixed overhead budget variance.
The difference between the amount projected for fixed overhead expenses based on production volume and the amount finally absorbed is referred to as the fixed overhead volume variation.
At the conclusion of a given period, this variation is assessed as part of the cost accounting reporting package.
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Your company sells $230,000 of bonds for an issue price of $243,800. Which of the following statements is correct? a. The bond sold at a price of 53.00, implying a discount of $13.800. b. The bond sold at a price of 53.00, implying a premium of $13,800. c. The bond sold at a price of 106.00, implying a discount of $13,800. d. The bond sold at a price of 106.00, implying a premium of $13,800.
Your company sells $230,000 of bonds for an issue price of $243,800:
a. The bond sold at a price of 53.00, implying a discount of $13.800.
A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.
There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.
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cloud computing offers new ways to store, access, process, and analyze information and connect people and resources from any location in the world where an internet connection is available. t/f
Cloud computing provides new methods for connecting people and resources from any part of the globe where there is an internet connection and for preserving, collecting, interpreting, and evaluating evidence. IT IS TRUE WHAT IS SAID
Corporations can use Big Data as a Service, an internet big data service, to analyze large amounts of information and find solutions to their business challenges.
Using a pay-per-use sales model, Platform as a Service facilitates the installation of technical specifications, including infrastructure, communication, and programs.
Pick the top three sustainable data center practices.
More information may be stored in less space.
decreasing energy use
Look for areas with economical, pristine, and cheaply accessible resources.
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in order to be cost effective, a person with a substance use disorder must remain in outpatient treatment for at least three months.T/F
The following statement, "In order to be cost effective, a person with a substance use disorder must remain in outpatient treatment for at least three months." is False.
There is no doubt that going green is not only good for the environment, but can also be cost effective for businesses and households. Not only will these measures save you money in the long run, but they will also help to reduce your carbon footprint.
There are many ways to be cost effective, but one of the most important is to make sure that you are using the most efficient methods possible. This means using the best technology available and making sure that you are not wasting any resources.
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q3: (figure: rent controls in the market for apartments in new york city) use figure: rent controls in the market for apartments in new york city. suppose that rent controls are imposed. if the government wants a rent control ceiling to be effective immediately, what is one possible price it could set?
Let's say that there are rent restrictions. Is one potential price it may set if it wants a rent control ceiling to take effect right away. Rent 1
What is a quillet for rent control?The government imposes a price cap known as rent control on the renting of residential real estate. a price cap. A price ceiling is a restriction placed by the government on how low a price can be set and maintained for a good.
What effects of rent control are there? quizletRent regulations compel landlords to set apartment rents below the point of equilibrium. Since there is a greater demand for flats than there are apartments available at the set price, there is an immediate scarcity (excess demand) of apartments.
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A company's gross margin reported on the income statement is not affected by the inventory cost flow method it uses. True/False
" A company's gross margin reported on the income statement is not affected by the inventory cost flow method it uses." This statement is True.
Inventory refers to all of the items, items, merchandise, and substances held by using a business for promotion within the market to earn a profit. instance: If a newspaper seller makes use of a car to deliver newspapers to the clients, best the newspaper might be considered stock. The car will be treated as an asset. inventory is the goods and substances a business acquires, produces, or manufactures, for the motive of producing, selling, or replacing. additionally known as buying and selling inventory.
stock is the raw substances used to supply goods in addition to the products which might be available on the market. Its miles are categorized as a cutting-edge asset on an employer's stability sheet. The three types of stock consist of raw substances, work-in-development, and completed goods.
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Which of the following funds use the accrual basis of accounting?I. Enterprise fundII. Agency fundIII. Internal service fundMultiple ChoiceI onlyII onlyI and III onlyI, II, and III
The answer is D. Following funds use the accrual basis of accounting -
1. Enterprise
2. Agency Fund
3. Internal Service Fund
The accrual basis of accounting is the idea of recording incomes when acquired and expenses as caused. The utilization of this approach likewise influences the accounting report, where receivables or payables might be kept even without a trace of a related money receipt or money installment, individually.
The accrual basis of accounting is pushed under both generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS). Both of these accounting frameworks give direction with respect to how to represent income and cost exchanges without a trace of the money receipts or installments that would set off the recordation of an exchange under the cash basis of accounting.
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the first step to social network building is identifying those___ on whom the project depends for success.
the first step to social network building is identifying those Mapping Dependencies on whom the project depends for success.
Finding the people who the project depends on for success in the first step of social network construction is called Mapping Dependencies. The following inquiries should be made by the project manager and any significant assistants:
Whose assistance will we require?
Whose consent or endorsement do we require?
Were we to face opposition that would prevent us from completing the task?
Making a map of these network building dependencies is something that many project managers find useful. For instance, the dependencies noted by a project manager in charge of implementing a new financial software system in her organization are shown in the figure below.
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FILL IN THE BLANK. ___ is the first filter in the new-product development process. it serves to eliminate new-product ideas that are inconsistent with the organization's new-product strategy or are obviously inappropriate for some other reason.
Idea Screening is the first filter in the new-product development process. It serves to eliminate new-product ideas.
Steps in development of new product-When creating a new product, there are seven crucial phases. These are listed below:
generating Idea
Screening idea
concept creation and evaluation
Marketing plan and financial analysis
Product testing and development
Launch of a product
Screening idea-
Numerous various elements will determine which ideas you should pursue and which ones you should abandon. Along with technical viability, the most important product changes, and the anticipated advantages for your customers, you must think about the marketing potential of your new product.
It is ideal to carry out this step of the product development process within your company. Experts from different teams can help with aspects like evaluating your idea's marketability, the resources needed, and the technological needs.
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Accountant Alan Wingspan has just finished working on the balance sheet, income statement, and statement of cash flows for his company. The next step in the accounting cycle will involve: (Points : 6) posting the results of these statements to the appropriate journal. analyzing the firm's financial statements to evaluate the financial condition of the firm. conducting forensic tests of the data to ensure its accuracy. placing the data used to construct the statements into an archive known as a data warehouse.
Accountant Alan Wingspan has just finished working on the balance sheet, income statement, and statement of cash flows. The next step in the accounting cycle will involve preparing the balance sheet and other important financial statements of the store.
What is accounting cycle?
The accounting cycle is a comprehensive procedure for locating, evaluating, and documenting a company's accounting events. The usual 8-step process starts when a transaction takes place and concludes with its inclusion in the financial statements.
The recording of journal entries, publishing to the general ledger, determining trial balances, making adjusting entries, and producing financial statements are the essential phases in the eight-step accounting cycle. A systematic set of guidelines known as the accounting cycle is used to guarantee the accuracy and consistency of financial accounts.
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