the term competency has become increasingly important in hr practice because of the changing nature of work. competencies build upon the use of knowledge, skills, and abilities, which we describe with job analysis. a competency refers to an individual's capability to orchestrate and apply combinations of knowledge and skills consistently over time and to perform work successfully in required work situations. traditionally, work has been described by many dimensions including knowledge, skills, and abilities. although this is largely still the case, hr and compensation professionals have embraced the ideas of competencies as the field has increasingly taken on strategic importance. question 3 options: true false

Answers

Answer 1

The term "competency" has gained importance in HR practice due to the changing nature of work.

Competencies go beyond knowledge, skills, and abilities, which are described through job analysis, and refer to an individual's ability to consistently apply combinations of knowledge and skills over time in various work situations. While work has traditionally been described using dimensions like knowledge, skills, and abilities, the field of HR and compensation has increasingly embraced the idea of competencies, as it has become more strategically important.

Competencies are the information, abilities, capacities, and ways of behaving that add to individual and hierarchical execution. Information will be data created or learned through experience, study or examination. Expertise is the aftereffect of over and again applying information or capacity. Capacity is an inborn potential to perform mental and actual activities or undertakings. Conduct is the recognizable response of a person to a specific circumstance. The objective capability level for every skill will differ in view of a singular's situation and the association's requirements

Know more about Competencies  - https://brainly.com/question/14438508

#SPJ4


Related Questions

a _______________ leader attempts to empower group members and shares power with them in working toward making critical decisionsTransformationalAutopilotIndependenceInovation

Answers

A transformational leader tries to give group members more authority and shares that power with them in order to encourage critical thinking.

What accomplishes a transformational leader?

A leadership style known as transformational leadership affects both social systems and individual behaviour. In its optimal state, it brings about significant and constructive change in the following with the ultimate objective of transforming followers into leaders. The four characteristics of transformational leadership—idealized influence, inspirational motivation, intellectual stimulation, and individualised consideration—enable leaders to motivate followers to achieve more by focusing on their ideals and assisting in their alignment. It is simple for the followers to trust and believe in a transformational leader. This is also known as charisma, because displaying a charismatic personality has been shown to persuade followers to emulate their leader.

To know more about Transformational Leader Visit:

brainly.com/question/11656421

#SPJ4

what year was the full pentagon papers finally declassified

Answers

The full Pentagon Papers were declassified and released to the public in 2011, nearly 40 years after they were leaked to the press.

What are Pentagon papers?

The Pentagon Papers were a top-secret study of the U.S. involvement in the Vietnam War, commissioned by Secretary of Defense Robert McNamara in 1967. The study was conducted by a team of analysts and historians who examined classified documents and conducted interviews with government officials and military leaders.

In 1971, however, a former military analyst named Daniel Ellsberg leaked portions of the study to The New York Times and other newspapers. The leaked documents revealed a history of U.S. involvement in Vietnam that was different from the official narrative, and included evidence of government deceit and mismanagement of the war.

The release of the full Pentagon Papers in 2011 marked the culmination of a long process of declassification and disclosure, and provided historians and the public with a comprehensive record of U.S. involvement in the Vietnam War. The Pentagon Papers remain a significant historical document and a cautionary tale about the dangers of government secrecy and the importance of transparency and accountability in government.

To know more about Vietnam war, check out:

https://brainly.com/question/182779

#SPJ4

What is a relationship formed by a number of independent business owners who join together?

Answers

A franchise is a relationship formed by a number of independent business owners who come together to manufacture and distribute a product or service. Franchising is often used to rapidly expand a business while allowing franchisees to benefit from the franchisor's success.

It is a form of business organization in which the business owner, referred to as the franchisee, pays a fee to the franchisor in exchange for the right to use the franchisor's business model, trademarks and other intellectual property. The franchisee also receives ongoing support from the franchisor such as marketing, training and access to a network of other franchisees.

To know more about franchise click here

https://brainly.com/question/29376853

#SPJ4

which one is not correct regarding dell strategy to take direct customer order via phone/internet? question 4 options: building this direct channel required an investment because of the added functions dell must perform. a large part of that cost can be attributed to information the company can respond more quickly to changes in consumer needs. dell can then modify its product offerings to meet these new needs dell is a high responsive company and this responsiveness due to it costs it a lot comparing to other competitors who has the same level of responsiveness dell is able to view the actual consumer demand much sooner than most pc manufacturers.

Answers

The last option is the correct solution to this question here. Dell is able to view the actual consumer demand much sooner than most PC manufacturers.

Dell is one of those manufacturers that sells it's PC's directly to it's end customers but a lot of other companies sell their components through resellers.

American-based technology corporation Dell Inc. It creates, markets, fixes, and supports computers as well as associated goods and services. The parent business of Dell, Dell Technologies, owns Dell.

Dell Inc., originally PC's Limited (1984–88) and Dell Computer Corporation (1988–2003), is a multinational corporation that creates, develops, and produces personal computers (PCs) and a range of associated goods. The business is a major PC provider in the world. The headquarters of Dell are in Round Rock, Texas.

Learn more about Dell here brainly.com/question/28391021

#SPJ4

jackie purchased a condominium, a private entity. when she bought it, she realized the homeowner's association had a variety of rules and regulations that she would need to follow. one regulation was that no children were allowed to live in the complex. two years after buying the condominium, jackie gave birth to a child. she was immediately served with papers notifying her to move out of the complex. discuss the constitutionality of the homeowner association's action. do not discuss fair housing laws.

Answers

Jackie was educated preceding purchase of the condo of all principles and regulations and agreed to them. The "no youngster" rule was not enacted after her purchase.

She is obligated to keep the guidelines and has no safeguard for not doing as such.

A Condominium is a private property and not the Government one. Constitution gives insurance to Government not the private parties. Jakie is adult and already knew the principles and regulation of condominium. She shouldn't have baby and presently assuming she has baby so she has to leave the condominium.

The action of property holder's association is not the Government one so Jakie cannot be furnished with any constitutional action.

Jakie has to get out from the condo and on the off chance that she wants, she can employ a lawyer and document a case. She has to pay the lawyer as this case is not a contingency case.

to know more about private property click here:

https://brainly.com/question/30155794

#SPJ4

what is the primary question a mission statement should answer? multiple choice question. what are our short-term goals? who is our target market? what type of business are we? what specific tasks should we perform in the next year?

Answers

What particular tasks should we complete over the coming year.

What does the word "task" mean?

a task that needs to be completed, particularly one that is ongoing, arduous, or done against one's will: We frequently ask interview candidates to do a few easy computer activities to gauge their aptitude.

How do chores skills work?

Task skills are a variety of general abilities that are necessary to properly execute various typical jobs that can be found in most workplaces. They should be separated from the more profession-specific abilities that come from specialized training because they only apply to general settings.

To know more about tasks visit:

https://brainly.com/question/27959947

#SPJ4

suppose an economy begins in steady state. by what proportion does per capita gdp change in the long run in response to each of the following changes. a) investment rate increases from 30% to 33% b) depreciation rate falls by 10% c) productivity rises by 5% d) an earthquake destroys 35% of the capital stock e) a generous immigration policy leads population to double.

Answers

I'll be there for part d; it's here. Ours has. The capital stock will be destroyed by an earthquake to the extent of 75%. We'll undoubtedly plummet dramatically if the earthquake destroys 75% of the capital stock, but it will rise exponentially until it reaches its stable state, at which point portion E will begin to take effect.

As a result, we started by examining the point at which the investment rate doubles. The per capita gross domestic product will therefore rise when the investment rate doubles. As a result, the per capita GDP will rise when the investment rate doubles because investments will expand at a faster pace than the steady state growth rate and then for component b. Since the depreciation rate has decreased by 10%, we have also experienced a 10% decrease. Therefore, if the depreciation rate decreases by 10%, commodities will become more affordable. However, this won't have an impact on per capita GDP, hence it has no impact on per capital. GTP thus does not have an impact on per capita.

Learn more about capita here :

https://brainly.com/question/13601488

#SPJ4

A​ ______ is a multinational company that has a global scope and does not consider any particular country as its​ base, home, or headquarters.

Answers

A transnational organisation is a multinational corporation with an international focus that does not regard any specific nation as its base, residence, or headquarters.

What purpose do global corporations serve?

MNCs are essential to the expansion of the economy in the age of globalisation. MNCs make a contribution through foreign direct investments. Fdi has a direct impact on the GDP, GNP, foreign trade, and foreign reserves. Being an MNC can be quite advantageous to a firm. A multinational corporation (MNC), also known as a multinational company, is any business that is registered and operating simultaneously in more than one country. The corporation often has its headquarters in one country and operates fully or partially owned subsidiaries in other countries. The majority of company decisions are made by a small number of people in a system of organisation known as centralised management.

To know more about Multinational Company Visit:

brainly.com/question/25625599

#SPJ4

13. capm and expected return. suppose that the treasury bill rate is 6% rather than the 1% value assumed in table 12.2. use the betas in table 12.2 to answer the following questions. (lo12-2) a. given the assumed risk premium of 7%, how does this change your estimate of the expected rate of return on the market portfolio? b. using your answer to part (a), calculate the expected return on the stocks in table 12.2. c. suppose instead that you continued to assume that the expected return on the market remained at 8% now what would be the expected return on each stock? d. compare your expected returns in part (c) to those in table 12.2. which stocks have a higher expected return? which lower? if you neglect to adjust the forecast of the market return to the change in the risk-free rate, how are your estimates of expected return likely to be biased?

Answers

A change in the risk-free rate affects the expected return on the market portfolio, and hence the expected return for each stock, as calculated using the CAPM model.

a. Assuming the risk premium remains at 7%, an increase in the risk-free rate to 6% from 1% reduces the expected rate of return on the market portfolio from 8% to 7%.

b. Using the new expected return on the market portfolio, the expected return for each stock can be calculated using the CAPM formula.

c. If the expected return on the market remains at 8%, the expected return for each stock would be higher than the ones calculated in Table 12.2.

d. Comparing the expected returns in part (c) to Table 12.2, stocks with a beta higher than 1 have a higher expected return, and those with a beta lower than 1 have a lower expected return. Neglecting to adjust the forecast of the market return to the change in the risk-free rate is likely to bias the estimates of expected return.

To learn more about market portfolio please click on below link.

https://brainly.com/question/29376092

#SPJ4

The world flow of foreign direct investment between 1990 and 2017 increased 600 percent. If a company decides to establish a new operation in a foreign country, that company has engaged in Multiple Choice - greenfield investment - an acquisition - a franchise artangement
- a licencing arrangement

Answers

The world flow of foreign direct investment between 1990 and 2017 increased 600 percent. If a company decides to establish a new operation in a foreign country, that company has engaged in "greenfield investment". The correct option is A.

The greenfield investment is the type of investment in which the foreign direct investment that parent company makes the subsidiary in the different company building its operations from the ground rise.

The benefits of Foreign Direct Investment (FDI) is  Capital inflows create higher output and jobs,  Capital inflows which can help the  finance of  a current account deficit and Long-term capital inflows are more sustainable than short-term portfolio inflows.

To know more about  greenfield investment here,

https://brainly.com/question/28588880

#SPJ4

if nicolai earns an 12 percent after-tax rate of return, $8,000 today would be worth how much to nicolai in five years? use future value of $1.

Answers

Future Value of $8,000 today would be worth $14,098.40 to Nicolai in five years if he earns a 12 per cent after-tax rate of return.

To calculate the future value of $1, we use the formula:

FV = PV x (1 + r)^n

where FV is the future value, PV is the present value, r is the rate of return, and n is the number of periods.

In this case, Nicolai earns a 12 per cent after-tax rate of return, which we can assume is the annual rate of return. The future value of $1 in five years with a 12% annual rate of return can be found using the following formula:

FV = $1 x (1 + 0.12)^5

FV = $1.7623 (rounded to four decimal places)

To find the future value of $8,000, we multiply the present value by the future value factor:

FV = $8,000 x 1.7623

FV = $14,098.40

Therefore, $8,000 today would be worth $14,098.40 to Nicolai in five years if he earns a 12 per cent after-tax rate of return.

Know more about how to calculate future value - https://brainly.com/question/30390035

#SPJ4

based on table 5-14 annual demand at coolwipes and table 5-15 transportation costs per unit, without using excel solver, can you recommend in what cities should the new plant(s) be built for wipes or ointment? please explain your reasons. what is the annual cost, including fixed costs, variable costs, and transportation costs, of serving the entire nation from chicago? what is the minimal annual cost and in what cities should the plant(s) be built and what product lines should be included? assume that the chicago plant will be maintained at its current capacity. what is the minimal annual cost if chicago does not need to stay open?

Answers

To determine the optimal plant locations, one can use a network optimization model.

This model takes into account the demand for the products, the transportation costs between the potential plant locations and the demand points, as well as the fixed costs associated with building and operating the plants. By solving this optimization model, the optimal plant locations and the associated costs can be determined. Assuming that the demand and transportation costs are the same across the nation, the annual cost of serving the entire nation from Chicago would depend on the fixed and variable costs associated with producing the products in Chicago, as well as the transportation costs to the demand points. These costs can be estimated based on the production and transportation data provided in the tables. To determine the minimal annual cost and the optimal plant locations, one can solve the network optimization model. The model will identify the optimal locations to build the plants, the products to produce at each plant, and the associated costs, including fixed costs, variable costs, and transportation costs. If Chicago does not need to stay open, the minimal annual cost will depend on the costs associated with building and operating the new plants, as well as the transportation costs to the demand points. Again, the network optimization model can be used to identify the optimal plant locations and associated costs.

To know more about variable costs:

https://brainly.com/question/28013522

#SPJ4

which ethical approach typically focuses on the attainment of fair and equitable distribution of economic

Answers

The Justice theory is an ethical approach that proposes that decision makers be fair, honest and impartial in sharing costs and benefits.

Justice Theory aims to achieve an equitable distribution of economic goods and services. A just distribution is a distribution that is considered fair and equitable.

Justice as an ethical approach is that all people in society are treated equally, regardless of rank, position, class, creed or race. This is also referred to as the fairness approach in economic ethics theories.

This approach states that those who perform well should be rewarded according to their performance. Favoritism should not be encouraged within the organization.

The four components of organizational justice are:

distributive, procedural, interpersonal, and informational.

The research also emphasizes the importance of affect and emotion in assessing the validity of a situation and behavioral and attitudinal responses to a situation.

To know more about Justice Approach,

brainly.com/question/28620268

#SPJ4

What occurs during the process optimization step of business process management?
Multiple Choice
a. Analysts use flowcharts and other tools to depict workflow.
b. Managers adapt (modify) the process to enhance process performance.
c. The business process execution language engine is run.
d. Managers track the individual components of the process as well as the process as a whole.

Answers

Managers adapt (modify) the process to enhance process performance.

What is business process management?

According to Gartner, business process management (BPM) is the use of techniques to model, analyse, measure, enhance, and optimise company strategy and processes. Although task and project management are frequently mistaken with it, its focus is wider than these related subjects. When compared to BPM, task management concentrates on the overall end-to-end process. Project management relates to a single scope of work, whereas BPM is primarily concerned with repeating processes. Organizations may optimise their whole processes through continual process reengineering, which will boost efficiency and result in cost savings. This idea is not brand-new; BPM approaches include six sigma and lean concepts.

by including tools for decision management, activity monitoring, and sophisticated analytics.

to learn more about business process management click:

https://brainly.com/question/28313616

#SPJ1

which two of the following are essential characteristics of a global organization?multiple select question.import from more than one countryhave high levels of ethnic diversity among employees in domestic operationsoperate in more than one countrycompete in more than one country

Answers

Competing in more than one country and operating in more than one country are essential characteristics of a global organisation.

In the world of banking and investing, a global firm is one that has a dominant headquarters but has large assets and facilities spread across several nations. The laws of the nation where a global corporation is incorporated regulate it. Across governmental boundaries, a global firm links its personnel, resources, and opportunities. A multinational firm may be more aware of local prospects and more exposed to risks due to its greater investment in its foreign operations. For instance, a company conducting business in Africa might find itself juggling both its business operations and the effects of a local Ebola outbreak. Born-global businesses start exporting their goods or services a few years after their establishment and may export 25% of their total sales.

Learn more about multinational here:
https://brainly.com/question/494475

#SPJ4

Williams Auto has a machine that installs tires. The machine is now in need of repair. The machine originally cost $11,400 and the repair will cost $2,400, but the machine will then last two years. The labor cost of operating the machine is $0. 50 per tire. Instead of repairing the old machine, Williams could buy a new machine at a cost of $6,400 that would also last two years; the labor cost would then be reduced to $0. 25 per tire. Williams expects to install 11,400 tires in the next two years. A. Determine the total (two-years) cost for both repairing and replacing the machine

Answers

Williams should fix the equipment because it will cost less overall than to replace it.

What is labor cost?

Labor expenses are an employer's total out-of-pocket expenditure for hiring employees.

Williams Auto has a machine that installs tires. Even if the equipment needs maintenance, it will only operate for another two years. Operating the machine costs $0.70 per tire in labor. Instead of repairing the old machine.

1. Total cost of Repair = Repair cost + Operating cost

= $1,700+10,700*$0.70

= $1,700 + $7,490

= $9,1902.

2. Total cost to replace = Repair cost + Operating cost

= $5,700+10,700*$0.5

= $5,700+$5,350

= $11,050

Therefore, Williams should repair the machine.

To know more about Labor costs Visit :

https://brainly.com/question/30620277

#SPJ4

the act of corporations working collaboratively with other businesses, concerned persons, and organizations is an example of stakeholder multiple choice networks. motivation. systems. salience. prev

Answers

The answer is motivation .An organisation is a business, institution, or group of people with a single, overarching objective (Commonwealth English; see spelling variations).

The term is derived from the Greek word organon, which is often used to describe a variety of equipment and instruments as well as an organ.There are many different types of legal entities, including corporations, governments, non-governmental organisations, political parties, international organisations, armed forces, nonprofit organisations, for-profit companies, partnerships, cooperatives, and educational institutions, to name a few.A hybrid organisation is one that concurrently generates commercial market activity in the public and private sectors while carrying out public duties.A voluntary association is a group that is run entirely by volunteers. Certain organisations may be allowed to exist without following formal legal rules depending on the jurisdiction.

Learn more about organizations :

https://brainly.com/question/17164427

#SPJ4

ted is the owner and chief executive officer of a business. he recently began an advertising campaign to promote a new product that is regulated by state law. the law is somewhat unclear. before launching the campaign, he researched the relevant law and consulted with his attorney in an effort to comply with the law. nevertheless, the attorney general of his state has filed a lawsuit against him for deceptive advertising. ted's best defense is that: a. he acted in good faith by conducting due diligence and acting accordingly, under an unclear law. b. the law is unfair. c. his attorney was incompetent and he should not be held liable for bad advice. d. his firm made a profit on the product which shows that consumers were happy with their purchase.

Answers

Ted's best defense would be a) that he acted in good faith by conducting due diligence and acting accordingly under an unclear law.

This defence would contend that Ted did not behave fraudulently and made a sincere effort to follow the law. Arguments that the law is unjust, the attorney was ineffective, or the product was lucrative are not acceptable forms of defence since they do not address the crucial issue of whether Ted followed the law in his advertising effort. An integrated marketing communication is made up of a sequence of advertising communications that all have the same idea and topic (IMC). An IMC is a platform where a collection of individuals may amalgamate their views, ideas, and ideologies into a sizable media base.

An advertising strategy is the culmination of a business's outreach initiatives to increase brand recognition and boost sales.

For such more questions on advertising agency:

brainly.com/question/15097462

#SPJ4

in 1954, the government of bolivia began taking land from juan lopez, a bolivian citizen and resident, for public projects, including an international airport. the government directed the payment of compensation in exchange for at least some of his land, but the government never paid the full amount. in 1993, the bolivian government acknowledged that debt, which was approximately $250 million, but still did not pay. because mr. lopez had passed away, his heirs, grecia and alejandro lopez, who were both u.s. citizens, filed a suit in a federal district court in the united states against the government of bolivia, seeking damages for the taking. can the court exercise jurisdiction?

Answers

In the year  1954, the government of Bolivia-------------. Yes, the court of  United States has the jurisdiction in this situation  . There is a  foreign sovereign immunity act which states that  whether or not a citizen of the United States can bring a lawsuit against a foreign government in a US court.

What is Supreme Court?

The Supreme Court is the highest court in the United States and is the final court of appeal for all legal disputes in the country. It is part of the judicial branch of the federal government, along with lower federal courts and state courts.

The Supreme Court has the power to strike down laws it deems unconstitutional, and its decisions are binding on all other courts in the country.

The above case against Bolivian government can bring in the United States  court and the court has  the  jurisdiction to look into the matter.

Learn more about Supreme Court here:

https://brainly.com/question/10946441

#SPJ1

the mountain springs water company has two departments, purifying and bottling. the bottling department had 2,790 liters in beginning work in process inventory (30% complete). during the period 61,170 liters were completed. the ending work in process was 5,860 liters (70% completed). all inventories are costed by the first-in, first-out method. what is the total equivalent units for direct materials (using the fifo method) if materials were added at the beginning of the process?

Answers

We must add the equivalent units for direct materials for the units finished and in the ending work in progress inventory in order to get the total equivalent units for direct materials using the FIFO approach.

The cost of goods sold (COGS) and the value of inventory are tracked using the first-in, first-out (FIFO) approach of inventory valuation. According to FIFO, the cost of goods sold is calculated using the cost of the oldest inventory since the first products bought or manufactured are also the first ones to be utilised or sold. This results in a more realistic picture of current inventory expenses since it leaves the newest inventory to be utilised or sold at the conclusion of the accounting period. FIFO is a widely established accounting technique that may be utilised for both completed items and raw materials, making it useful in a wide range of sectors.

Learn more about FIFO here:

https://brainly.com/question/17236535

#SPJ4

The practice of businesses paying bloggers to write positive comments about the business is called ______.

Answers

The practice of businesses paying bloggers to write positive comments about the business is called  Paid endorsement or sponsored content.

Sponsored content is top-notch content that support pays a distributor to make and disseminate. A kind of local promoting is steady with the encompassing substance on a website page.

All in all, supported content is a promotion that seems as though it should be there - it seems like a characteristic fit for a stage, rather than an obtrusive commercial. At its centre, supported content is straightforward: Two brands structure a supported substance organization - the promoter pays for the substance, and another brand, virtual entertainment powerhouse, or distributer shares it.

As a matter of fact, supported content is easy to such an extent that it's been around for north of 100 years. Also, it began with soap operas.

Know more about Sponsored content - https://brainly.com/question/17357738

#SPJ4

college tuition: if the student does not live in-state, which symbol in the flowchart should you use to follow the decision symbol? what processes should be in it? diamond: statediscount

Answers

If the student does not live in state we should use the arrow which are the flow lines, to follow the decision symbol in the flow chart.  

If the student has gotten a scholarship and is living outside of the state then the fees should be less than what he or she usually had to pay.

Similarly, if the student hasn't gotten a scholarship and is living out of state, then the fees again should be less than that what had to be paid.

A diagram that depicts a workflow or process is called a flowchart. Another definition of a flowchart is a diagrammatic description of an algorithm or a step-by-step process for solving a problem. The flowchart displays the stages as a series of boxes of varying sizes, with arrows joining the boxes in the correct order.

Learn more about flow chart here brainly.com/question/20304492

#SPJ4

if quantity demanded responds substantially to a relatively small change in price, demand is: group of answer choices price-elastic. price-inelastic. positively sloped. insensitive to changes in price.

Answers

If quantity demanded responds substantially to a relatively small change in price, demand is price elasticity

The price elasticity of demand is the ratio of a product's percentage change in quantity demanded to its percentage change in price. It is a price-based indicator of how responsive client demand is for a product. In general, the absolute value of the number is more than one for a relatively inelastic product and less than one for a very elastic one. Markets are often relatively elastic, which means that modest price changes induce substantial changes in demand. Businesses utilize price elasticity to assess their market performance and alter their prices accordingly.

For such more question on price elasticity:

https://brainly.com/question/5078326

#SPJ4

The high-low method can be used to estimate the cost equation using just________

Answers

The high-low method can be used to estimate the cost equation using just two points.

What is cost?

Cost, in popular usage, is the financial worth of the goods and services that producers and consumers purchase. The cost price, in accordance with fundamental economic discernment, is an estimation of the substitute opportunities forgone in choosing one good or pursuit over another.

What is the definition of average cost?

Average cost, also known as unit cost, in economics is calculated by dividing the total cost by the quantity of items produced. Additionally, it is the same as the total of average fixed expenses + average variable costs. The time period under consideration may have an impact on average expenses. Average prices are a key element of supply and demand that have an impact on the supply curve.

To know more about cost visit:

https://brainly.com/question/30045916

#SPJ4

rankine company estimates its bad debt expense by aging its accounts receivable and applying percentages to various age groups of the accounts. rankine calculated a total of $4,000 in possible credit losses as of december 31. accounts receivable has a balance of $128,000 and the allowance for doubtful accounts has a credit balance of $500 before adjustment at december 31. what is the amount of the december 31 adjustment to provide for credit losses? $answer what is the net amount of accounts receivable that should be included in current assets?

Answers

The net amount of accounts receivable that should be included in current assets is $124,500.

To determine the amount of the December 31 adjustment to provide for credit losses, we need to compare the existing allowance for doubtful accounts balance to the estimated credit losses as of December 31.

The total estimated credit losses as of December 31 are $4,000. We need to calculate the required balance for the allowance for doubtful accounts, which is the difference between the estimated credit losses and the existing credit balance of the allowance account.

Required balance for the allowance for doubtful accounts = Estimated credit losses - Existing credit balance of the allowance account

= $4,000 - $500

= $3,500

Therefore, the December 31 adjustment to provide for credit losses is $3,500.

To calculate the net amount of accounts receivable that should be included in current assets, we need to subtract the allowance for doubtful accounts from the balance of accounts receivable.

Net amount of accounts receivable = Accounts receivable - Allowance for doubtful accounts

= $128,000 - $3,500

= $124,500

Therefore, the net amount of accounts receivable that should be included in current assets is $124,500.

For such more question on net amount:

https://brainly.com/question/28390284

#SPJ4

which aspects are considered to run a grill factory mention them
hopeu give answers ​

Answers

The product design and the development are considered to run a grill factory

What is considered to run a grill factory?

To run a grill factory, various aspects need to be considered, including:

Product design and development: This includes determining the types of grills that will be manufactured, as well as researching and developing new and innovative designs that meet customer needs and preferences.

Raw materials: The selection of raw materials is critical, as they will determine the quality, durability, and cost of the final product. Factors such as the type of metal used, the thickness of the metal, and the coating applied will all impact the final product.

Manufacturing processes: The factory will need to have the necessary machinery, tools, and equipment to manufacture the grills, including cutting, bending, welding, and finishing equipment.

Quality control: Quality control measures will need to be put in place to ensure that each grill produced meets the required standards and specifications. This may include regular inspections, testing, and measurements.

Read more on factories here:https://brainly.com/question/29253895

#SPJ1

ssuming costs remain unchanged, in order for julius tower to break even: a. how many hotel room nights need to be booked per month at $150 per room night? b. what sales price per room night needs to be charged for 16,000 room nights per month?

Answers

The total expenditures and the contribution margin per hotel room night must be known in order to calculate the number of hotel room nights required for Julius Tower to break even each month.

How can it be calculated in detail?

These are the formulas for calculating the contribution margin per room night:

Contribution margin is calculated as Sales Price per Night less Variable Costs per Night.

Contribution margin: $75 minus $150

$75 is the contribution margin.

In order to achieve break-even, the overall contribution margin must match the total fixed costs:

All fixed costs divided by the contribution margin is the break-even point.

$50k / $75 = break-even point

667 hotel nights a month are needed to break even.

For Julius Tower to break even, at least 667 hotel room nights must be reserved each month at a rate of $150 per night.

b. We may apply the same technique as previously, but arrange it to solve for the sales price per room night, to calculate the sales price per room night required to break even when 16,000 room nights are booked every month:

Sales price each night is equal to the sum of the contribution margin and the variable costs per night.

$75 plus ($50,000 divided by 16,000) is the sales price per night.

Nightly rate for sales is $78.125.

Julius Tower must thus charge at least $78.125 per room night when 16,000 hotel nights are reserved each month in order to break even.

To learn more about costs visit here:

https://brainly.com/question/30529566

#SPJ4

during the year, the accounts payable of a company rose from $115,200 to $134,300. this change represents a:

Answers

During the year, the accounts payable of a company rise from $115,200 to $134,300. this change represents a source of $19,100 of cash as an operating activity. Option (e) is correct.

What is financing activity?

Transactions between a business and its lenders and owners to obtain or repay resources are referred to as financing operations.

If Accounts payable rises over the previous period, it indicates that the business is using credit rather than cash to purchase more goods and services. A company's accounts payable (AP) will decline if it is paying its commitments from the prior period more quickly than it is acquiring new things on credit.

Therefore, Option (e) is correct.

Learn more about financing activity, here;

https://brainly.com/question/16377227

#SPJ1

Your question is incomplete, most probably the complete question is;

During the year, the accounts payable of the company rose from $115,200 to $134,300. This change represents a:

Multiple Choice

A. source of $19,100 of cash as a financing activity.

B. use of $19,100 of cash as an investment activity.

C. use of $19,100 of cash as an operating activity.

D. source of $$19,100 of cash as an investment activity.

E. source of $19,100 of cash as an operating activity.

managers at the tycho manufacturing are engaged in a complex process of revising their organization's mission and goals and developing corporate strategy, marketing objectives, marketing strategy, and, eventually, a marketing plan. this process is called

Answers

Managers at the Tycho Corporation are engaged in a complex process of revising their organization's mission and goals and developing corporate strategy, marketing objectives, marketing strategy, and, eventually, a marketing plan. This process is called strategic planning.

Strategic planning is the process through which an organization defines its strategy or direction and decides how to allocate its resources to achieve strategic goals. Additionally, it may include control systems for directing strategy execution. The objective of strategic planning is to establish general goals for your company and create a plan to attain them. It entails taking a step back from your day-to-day operations and asking yourself where your company is heading and what its priorities should be.

A business strategy, one of the most popular instances of strategic planning, is intended to improve income and brand recognition. There are several methods to capitalize on growth prospects, ranging from new goods and quality advancements to aggressive marketing and sales strategies.

Managers at the Tycho Corporation are engaged in a complex process of revising their organization's mission and goals and developing corporate strategy, marketing objectives, marketing strategy, and, eventually, a marketing plan. This process is called

a) marketing planning.b) strategic planning.c) marketing strategy.d) corporate strategy.e) strategic business planning.

To learn more about Strategic planning, here

https://brainly.com/question/16699515

#SPJ4

duke co. reported cost of goods sold of $270,000 for the current year. additional information is as follows: december 31 january 1 inventory $60,000 $45,000 accounts payable 26,000 39,000 if duke uses the direct method, what amount should duke report as cash paid to suppliers in its current year statement of cash flows? $268,000 $272,000 $242,000 $298,000

Answers

There is no correct answer mentioned in the options. Duke Co. should report $283,000 as cash paid to suppliers in its current year statement of cash flows. This is the correct answer.

To calculate the cash paid to suppliers using the direct method, we need to determine the change in accounts payable during the year.

The change in accounts payable is calculated as:

Accounts payable at the beginning of the year - Accounts payable at the end of the year

= $39,000 - $26,000

= $13,000 decrease in accounts payable

A decrease in accounts payable indicates that cash was paid to suppliers, so we need to add this decrease to the cost of goods sold to get the cash paid to suppliers.

Cash paid to suppliers = Cost of goods sold + Decrease in accounts payable

= $270,000 + $13,000

= $283,000

Therefore, Duke Co. should report $283,000 as cash paid to suppliers in its current year statement of cash flows, which is not among the answer choices provided.

So, none of the options provided is correct.

Know more about Cash Flows - https://brainly.com/question/29768594

#SPJ4

Other Questions
a wave tank is 200 m long, 4.0 m wide, and 6.5 m deep. the tank is filled to a depth of 5 m with fresh water and a 0.75 m high, 4.5 sec period wave is generated. calculate the wave celerity, length, group velocity, and energy. why do Forests reach their greatest ecological complexity when they are mature and exhibit a multi-level canopy One factor that led to the British losing to the Patriots in the Revolution War was: the pictures is below please help! when phospholipids are placed in water they spontaneously from a bilayer with which of the following- the polar heads on the surface and the non polar tails in the interior- the polar heads on the surface and the non polar tails in the exterior What is the best conclusion that can be drawn from this painting? a. Starting with the number 10, build a sequence of 5 numbers. direct characterization: explicit description of a character. effect: direct characterization creates character type. dynamic character:a character who is changed by actions or experiences. effect: reveals consequences and drives plot. enjambment: no ending punctuation at the end of a line of poetry. effect: enjambment impacts sound and pacing. exposition: introductory material that creates tone, gives the setting, introduces the characters, and supplies other necessary facts. effect: exposition exposes Explain how you can tell from the shape ofthe graph when the girl travelled fastest.Over which stage did this happen? TQMis a management philosophy of delighting customers with superior products and services by continually setting higher goals and improving every business function Fracture zones are cracks on the ocean floor that horizontally offset mid-ocean ridges. Fracture zones typically run perpendicular to mid-ocean ridges. The diagram below shows two tectonic plates moving apart. One plate is dark blue, and the other is light blue. Several fracture zones are shown at places where parts of the same tectonic plate are moving in the same direction but at different speeds. please help me with math ill give you brainlist Wilson's Fourteen Points incorporated all of the following EXCEPT (A) open diplomacy (B) freedom of the seas (C) recognition of Allied economic and territorial agreements made during the war (D) creation of an international organization to preserve the peace and security of its members (E) national self-determination On January 6, 2021, mobs, instigated by then-President Trump, attacked Congress, setting an ominous precedent in American politics. Since the end of the Civil War, there has never been a situation in the United States where power cannot be transferred peacefully, and no president has deliberately challenged the election results even though there is sufficient evidence to show that the election was free and fair. What do you think about this? if the demand for a good is relatively inelastic, this means that consumer purchases of the good are group of answer choices not very sensitive to the price of the good. highly sensitive to the price of the good. unrelated to the price of the good. unaffected by changes in the income level of consumers. HELP ASAP!!! fill in the blanks with the pronous above does the equation y^2-y^2x = 6 describe y as a function of x How does the comparison of the stages of embryological development of different species help biologists to classify life? a. It helps in understanding the similarities between living species and extinct species.b. It reveals anatomical similarities that are not always evident in fully formed organisms.c. It reveals differences in the environmental conditions necessary for species survival.d. It helps in understanding the different behavioral strategies in different individual organisms. which point is a solution for the system of inequalities shown in the graph below? an arrangement in which a couple lives together in a commiteed romantic relationship but are not formally married is known as: Como encontrar los electrones de valencia con la regla del octeto