Testing could minimize production deviance counterproductive behavior. Counterproductive work behaviour, or CWB, is any employee action that jeopardises a company's goals and best interests.
Counterproductive behaviours include stealing, fraud, sexual harassment, workplace bullying, absenteeism, drug use, violence at work, and sabotage, to name a few. These behaviours might be detrimental to companies or the people who work there, including customers, patients, or consumers. A number of pre-employment tests may help predict whether a candidate is more likely to display such behaviour, and employers should typically search for applicants who won't indulge in any detrimental work habits. Therefore, it is improbable that a worker who contributes to excellent task and citizenship performance would be inclined to act in an unproductive manner.
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A unique aberrant state that has a negative impact on an organism's overall structure or function and is not immediately triggered by an external injury is referred to be a disease.
Edrophonium is the drug being investigated for this condition (Tenaillon). Because a patient who complains of abrupt muscle weakness with little effort and presents to the emergency room. A unique aberrant state that has a negative impact on an organism's overall structure or function and is not immediately triggered by an external injury is referred to be a disease. Diseases are frequently medical conditions with recognizable signs and symptoms. Edrophonium, an acetylcholinesterase inhibitor, is quickly reversible. It stops the breakdown of the neurotransmitter by competitively inhibiting acetylcholinesterase. The outcome of weak muscles is weakness. There are several factors that contribute to actual or perceived muscle weakness, and these factors can be further divided into two categories.
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Carreras Café is a Spanish restaurant in a college town. The owner expects that the number of meals served in June will be 50 percent below those served in May, because so many students leave for the summer. In May, the restaurant served 4,500 meals at an average price of $25.00. In the summer (June through August), the average price of a meal typically increases by 18 percent and the average food cost of a meal increases by 20 percent. Other costs are typically unchanged during the summer. The following cost information is available for May.Service costs (variable with respect to meals) Variable service costs (with respect to meals) Food costs $ 10,800Labor 16,300Other variable costs 5,800Fixed service costs 9,200Total service costs $ 42,100Marketing and administrative costs Marketing (variable with respect to meals) 6,600Administrative (fixed) 4,400Total marketing and administrative costs $ 11,000Total costs $ 53,100Required:Prepare a budgeted income statement for June. (Do not round intermediate calculations.)
June Budgeted Income Statement Meals served 2,250,Average meal price $29.50,Total revenue $66,375,Cost of goods sold:Food costs $28,832,Variable service costs:Labor $16,300,Other variable costs $5,800,Total variable service costs $22,100,Fixed service costs,Fixed service costs $9,200,Marketing and administrative costs,Marketing (variable with respect to meals) $6,600,Administrative (fixed) $4,400,Total marketing and administrative costs $11,000 Total costs $71,232,Net Income $(4,857)
What is the budget calculation of above answer?To prepare a budgeted income statement for June, we need to take into account the expected decrease in meals served, the increase in average meal price, and the increase in average food cost.First, we need to calculate the expected number of meals served in June. Since the owner expects a 50% decrease in meals served, the expected number of meals served in June is 4,500 x 50% = 2,250 meals.Next, we need to calculate the expected average meal price in June. The average meal price in May is $25.00 and the average price of a meal typically increases by 18% during the summer, so the expected average meal price in June is $25.00 + ($25.00 x 18%) = $29.50.We also need to calculate the expected average food cost per meal in June. The average food cost per meal in May is $10.80, and it typically increases by 20% during the summer, so the expected average food cost per meal in June is $10.80 + ($10.80 x 20%) = $12.96.Using this information, we can prepare a budgeted income statement for June as follows:June Budgeted Income StatementRevenue:Meals served 2,250Average meal price $29.50Total revenue $66,375Cost of goods sold:Food costs $28,832Variable service costs:Labor $16,300Other variable costs $5,800Total variable service costs $22,100Fixed service costs:Fixed service costs $9,200Marketing and administrative costs:Marketing (variable with respect to meals) $6,600Administrative (fixed) $4,400Total marketing and administrative costs $11,000Total costs $71,232Net Income $(4,857)To learn more about budget refer:
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when changes are implemented in an organization, employees who contribute to the transition should not be rewarded by management. a. true b. false
It is FALSE that employees who help a company transition should not be compensated by management when changes are undertaken.
All levels of employees and managers within a company are required to work and pay attention to strategic implementation procedures, especially when changes take place in a small business setting. Employees need to have a complete awareness of their responsibilities both during and after the implementation process because it may have an impact on a wide variety of tasks and obligations.
When employees are producing outstanding work for the company, this is the ideal opportunity to give reward and recognize them. Employees are likely to be tremendously happy and motivated to work harder when they observe bosses commending and praising them for finishing good work that they put a lot of effort into.
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Real value is the total value of all final goods and services produced in a country during a year adjusted to eliminate the effects of changes in price.T/F
Real Gross Domestic Product (GDP) is the market value of all of a country's final products and services produced in a particular period, without taking inflation into account.
The relative price of an item is its nominal value adjusted for inflation. For GDP and personal income, real values matter more than nominal values. A deflator converts time-series data like GDP and incomes to real values.
To better understand economic patterns, the real value is calculated by subtracting price level changes from the nominal value of a good, service, or time-series data. A deflator converts time-series data like GDP and incomes to real values.
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name and explain three tricks that management can play to manage earnings. explain how using financial ratios can help spot these tricks.
Following are some tips on how management can influence results in accordance with the query and how profitability reports can be used to identify these tactics.
What is management in everyday terms?Management is the act of organizing a company's actions and resources to meet certain objectives as quickly and effectively as feasible. In management, efficiency is the capacity to complete tasks efficiently and cost-effectively.
a) Revenue and costFollowing are some tips on how management can influence results in accordance with the query and how profitability reports can be used to identify these tactics.
What is management in everyday terms?
Management is the act of organizing a company's actions and resources to meet certain objectives as quickly and effectively as feasible. In management, efficiency is the capacity to complete tasks efficiently and cost-effectively.
a) Revenue and cost recognition: The company might recognize potential earnings before it has been completely achieved or postpone recognizing expenses in order to boost profit for the current period.
b) By altering the accounting methods, management can manipulate profits.
c) Depending on the goal, leadership may choose for a prudent or aggressive approach.
d) Fantastical sales
e) Inaccurate asset estimate
Financial ratios include the gross profit margin, leverage ratio, and cost of goods sold to revenue ratio.
2) It's essential to analyse profitability in order to determine the investment's return and determine the appropriate yields owners should receive.
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classical economists believe that: a. the quantity of money explains prices. b. changes in the money supply affect real gdp. c. velocity is not constant.
Classical economists believe that the quantity of money affects prices. They believe that when the money supply increases, prices will rise, and when the money supply decreases, prices will fall.
They also believe that changes in the money supply affect real GDP because they affect the amount of money available to firms and consumers, which in turn affects their ability to purchase goods and services. Finally, classical economists recognize that velocity is not constant and believe that it can be affected by changes in the money supply and other factors. Thus, they believe that an increase in the money supply can lead to higher growth and a decrease in the money supply can lead to lower growth.
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suppose you are assigned the task of determining the route of a new highway through an older section of town. the highway will require that many older homes be either relocated or torn down. two possible criteria that might be used in deciding exactly where to locate the highway are: (a) ensure that there are benefits to those who gain from the decision and 21 that no one is harmed by the decision. (b) ensure that the benefits to those who gain from the decision are greater than the losses of those who are harmed by the decision. which criterion will you select to use in determining the route of the highway? explain.
managing your speed, parking your automobile in the right lane, and interacting with other drivers.
What benefits does Social Security offer?Based on my lifetime earnings, Social Security pays a portion of your pre-retirement income. Your earnings and the date you decide to begin receiving benefits will determine how much of your minimum salary is replaced by Social Security retirement benefits.
What time may I inquire about benefits?Always wait until you've peaked your commentator's interest before bringing up rewards. It's not ideal for a possible new hire to enter the meeting and ask the question right away. Ideally, you should hold off on asking until the interviewer expresses a genuine interest in you.
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The first requirement for the major highway layout is to make sure that everyone who benefits from the choice and no one is damaged by it. The remaining profits cannot be maximized.
What is profit?Profit is the term used to describe significant financial gain experienced when the revenue from a commercial activity exceeds the costs, costs, and taxes associated with maintaining that activity. There are three primary ways to measure profit.
Why do we figure out profit?One of a business's main goals should be to turn a profit. By calculating your profit, you may not only assess your level of performance but also learn where your company is generating revenue and which areas you are spending that money.
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true/false. The media are people who share beliefs and support their members in elections people with shared goals who work together to influence public policy the various means of mass communication, such as television and radio the government agencies that regulate and monitor citizens and businesses
The media is a group of people who support one another in elections, have similar values, and collaborate to change public policy.
Briefing:-the many media of mass communication, including radio and television; the governmental organizations that oversee and control people and enterprises; True.
Which of the following claims on the relationship between political candidates and the media is accurate?They need one another in order to achieve their objectives.
What role does the media have in the choices we make politically?Social media, and more specifically news media, are important in democracies because they allow for citizen participation. In order to preserve citizens' levels of confidence in strong democratic networks, reliable news is therefore crucial.
Do media and democracy have any interactions?Political parties now have the tools necessary to communicate with a sizable audience about crucial issues ranging from elections to policies. A more informed electorate would produce a more legitimate government, hence the media can be seen as a democratic enabler.
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Which statement best describes a market economy?
A. Consumer needs change little from one generation to the next.
B. There is significant surplus with no price controls.
C. The government decides what and how much to produce.
D. The law of supply and demand determines the price of goods.
The correct option is C. The government decides what and how much to produce in the best Market Economy.
A market economic system is a monetary device wherein the decisions regarding funding, manufacturing, and distribution to the customers are guided via the rate indicators created by the forces of delivery and call for. The predominant feature of a marketplace economy is the life of component markets that play a dominant role in the allocation of capital and the factors of manufacturing.
Marketplace economies range from minimally regulated free-market and laissez-faire systems in which the country's hobby is constrained to imparting public goods and offerings and safeguarding non-public ownership, to interventionist forms where the authorities play an active position in correcting marketplace disasters and promoting social welfare. kingdom intervention can appear in the production, distribution, alternate, and intake regions within the economic system.
The distribution of primary need offerings and items like health care may be entirely regulated via an egalitarian public health care policy (at the same time as having the manufacturing supplied by means of private enterprise), efficaciously casting off the forces of supply and demand.
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fritz's opportunity cost of producing beef. based on the slope of the line you just plotted, what is fritz's opportunity cost of producing 1 pound of beef?
fritz's opportunity cost of producing beef. based on the slope of the line you just plotted, what is fritz's opportunity cost of producing 1 pound of beef pound(s) of alfalfa.
The gourmet term for cow meat is beef (Bos taurus).Early people first hunted aurochs before domesticating them. Other cow breeds have since been developed expressly for the type or quantity of meat they can provide. Beef is currently the third most popular meat consumed worldwide, trailing only chicken and hog. China, Brazil, and the United States were the top three beef-producing countries as of 2018.Different techniques can be used to prepare beef. Steak is often made from cuts, which can be grilled to different levels of doneness, whereas most hamburgers are made from ground or minced scraps. Protein, iron, and vitamin B12 are all present in beef. excessive consumption of red meat,
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a monopolistically competitive industry shares some of the same characteristics as perfect competition, including:
Perfect competition and monopolistically competitive industries both have a large number of businesses and easy entry and departure points.
Which characteristic is similar to both perfect competition and monopolistic competition?The presence of numerous enterprises and ease of entry and exit are two traits that perfect competition shares with monopolistically competitive industries.
The closest comparison between perfect and monopolistic competition is between them. The lack of entry barriers in both market systems results in a large number of sellers and zero long-term profitability.
Unlike monopolistic competition, which has little entry barriers and gives a monopolist complete control over the market, monopolistic competition does not. If a company believes the profits will be sufficiently alluring, they can enter the market. Monopolistic competition resembles perfect competition as a result.
In that both types of markets have numerous consumers and sellers, monopolistic competition is similar to perfect competition in this regard. Small to no barriers exist to entering or exiting the market, and there is little to no impact on the equilibrium price.
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in the door-in-the-face technique, compliance: a. is gained by starting with a large, unreasonable request that is turned down, followed by a more reasonable, smaller request. b. to a large request is gained by preceding it with a smaller request. c. to a costly request is gained by first getting compliance to an attractive, less costly request that is then withdrawn. d. to a planned second request is gained by presenting this request with additional benefits before a response can be made to a first request.
The door-in-the-face method is a compliance strategy. The persuader makes a significant request that the respondent will almost certainly reject in an effort to persuade them to comply.
What is an illustration of the door-in-the-face method?Compliance is when a person modifies their conduct in accordance with a request made by another person, whether it is explicit or implicit. Since compliance is typically started purposefully by an individual, it is frequently referred to as an active kind of social influence. An illustration of this would be if you refused a friend's request to borrow an excessive amount of money, only for them to later ask for a smaller amount and receive your approval. The door-in-the-face method is frequently used to persuade individuals to offer their resources, including time and money.
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Those who support globalization argue that increasing globalization will?
Those who favor globalization claim that it will result in lower prices for goods and services as it continues to grow.
The term "globalization" is used to describe how trade and technology have increased connectivity and interdependence around the world. The resulting economic and societal developments are also included in the scope of globalization. It can be visualized as the strands of a massive spider web that has grown in size and reach over thousands of years. In the modern era, more people and more things have traveled these silky strands than ever before, and they have done so more quickly and in greater quantities.
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the amount of cash flow a property produces is not used in determining the value of this property type...?
Calculate the property's total revenue. Subtract all costs associated with the property. Subtract the property-related debt service. The property's cash flow makes a difference.
The movement of money, whether real or imagined, is known as cash flow. In finance and accounting, the term "cash flow" refers to the capital inflows and outflows of particular economic units with the aim of achieving a specific objective within a predetermined time frame. Making an accurate prediction of future cash flows is required in accounting in addition to measuring current cash flows. The cash that the business can use right away for a specific amount of time is the fundamental idea behind cash flow. Business owners must be dedicated to controlling the cash flow gap since cash inflows and outflows from economic operations typically do not coincide in time and the volume and timing of these cash flows are unpredictable.
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gray co. was granted a patent on january 2, year 1, and appropriately capitalized $45,000 of related costs. gray was amortizing the patent over its estimated useful life of fifteen years. during year 4, gray paid $15,000 in legal costs in successfully defending an attempted infringement of the patent. after the legal action was completed, gray sold the patent to the plaintiff for $75,000. gray's policy is to take no amortization in the year of disposal. in its year 4 income statement, what amount should gray report as gain from sale of patent?
Year 5 saw a $45,000 capitalization of the patent. For Years 5, 6, and 7, the carrying amount was lowered to $36,000 by $3,000 in year amortization ($45,000 x 15 years).
Briefing:-The carrying amount of the patent rises to $51,000 ($36,000 + $15,000) if the legal fees of $15,000 incurred in successfully defending an attempted infringement are capitalized. In light of this, the sale's gain amounts to $24,000 ($75,000 - $51,000).
What does the term "amortization term" mean?The period over which a borrower repays a debt is known as amortization. The term refers to how long it will take to pay back the loan through consistent payments. Therefore, term refers to a length of time during which a loan will be amortized.
Just how is amortization determined?The whole loan amount must be multiplied by the loan's interest rate beginning in month one. After that, multiply the result by 12 to determine your monthly interest for a loan with monthly installments. The amount that goes toward principal after deducting interest from the entire monthly payment.
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which of these in not always a characteristic of a good brand? a. a trademark, so others can't use the same brand b. passion, so people have strong feelings about it c. wide distribution (making the product available anywhere and everywhere) d. using colors and typeface that are easily distinguishable
A good brand does not always have widespread distribution. Thus, the correct answer is (c) wide distribution (making the product available anywhere and everywhere).
What is a brand?A brand is any name, word, design, symbol, or other feature that distinguishes one vendor's product or service from that of other suppliers. Brands are used in business, marketing, and advertising to create and store value for the item characterized as brand equity, benefitting the brand's consumers, owners, and shareholders. Brand names are sometimes distinguished from generic or retail brands. The concept of branding has grown to include a manager's use of marketing and communication methods and tools to help distinguish a company or product from competitors, with the objective of leaving a lasting imprint on customers' minds.
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which of the following is the best example of business writing? a. the individual referenced above must inform his or her subordinates in regard to the company's new social media policy. b. you are hereby advised to inform your employees about the new social media policy that has been adopted by the company. c. it would be advantageous for you to enlighten your employees regarding the company's new social media policy. d. please tell your employees about the company's new social media policy.
Please inform your staff of the new corporate social media policy.
What do a rule and an example mean?Policies might be principles, laws, rules, regulations, or directives. They outline what has to be performed, who needs to perform it, how it should be done, and for (or by) whom. The majority of us believe that policies are something that only our elected leaders and bureaucrats are able to influence.
What is short-term policy?For individuals who do not have recourse to or aren't yet eligible to plans that cover a longer period of time or for comprehensive coverage, short-term insurance is available. This policy's coverage length ranges through one month until six months.
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The following account balances at the beginning of January were selected from the general ledger of Fresh Bagel Manufacturing Company Work in process inventory $0 Raw materials inventory $28,800 Finished goods inventory $40,700Additional data: 1. Actual manufacturing overhead for January amounted to $64,900. 2. Total direct labor cost for January was $63,300. 3. The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $240,000 of direct labor cost and $336,000 of manufacturing overhead costs. 4. The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5,700 (1,200 direct labor hours) and total direct material charges were $14,500. 5. Cost of direct materials placed in production during January totaled $124,000. There were no indirect material requisitions during January O A. $224,700 O B. $253.140 O C. $200,429 O D. $317,000
The cost of goods sold is $69,500, and the cost of goods manufactured is $154,600.
To calculate the total manufacturing cost of the unfinished job, we need to add the direct labour cost and the direct material cost.
The direct labour cost for Job No. 151 is $5,700, and the direct materials cost is $14,500.
So, the total manufacturing cost for Job No. 151 is $5,700 + $14,500 = $20,200.
We also need to add the actual manufacturing overhead cost incurred during January, which is $64,900.
So the total cost of the unfinished job at the end of January is $20,200 + $64,900 = $85,100.
To find the work-in-process inventory, we need to add the cost of direct materials placed in production during January and the total cost of the unfinished job at the end of January.
So, work-in-process inventory = $124,000 + $85,100 = $209,100.
We also need to add raw material inventory and finished goods inventory to find the total cost of goods available for sale.
So, the total cost of goods available for sale is: $209,100 + $28,800 + $40,700 = $278,600.
So, the cost of goods sold is $278,600 minus $209,100, or $69,500.
Therefore, the cost of goods manufactured is $69,500 + $85,100 = $154,600.
So, the cost of goods sold is $69,500, and the cost of goods manufactured is $154,600.
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phil bought a computer and then sold it to jude with an increase of 40% in price. jude then sold the computer to noel with another 30% price increase. if the final price of the computer was $61,880, what was the original price?
On the price of $61,880, the original prices of 40% and 30% are respectively $8840 and 10313.33.
What was the original sales price?Phil purchased a computer, raised the price by 40%, and then sold it to Jude. Then, with a further 30% price rise, jude sold the computer to Noel. If the computer's final price was $61,880, its initial 40% price would be $84,00, and its original 30% price would be $103,133.3333.
The MSRP (i.e., Manufacturer's Suggested Retail Price) set the original price, which is the cost. In the majority of cases, the initial pricing would have been less expensive than the present price, albeit this is not always the case. The initial cost of an item is its cost price. A product's cost or a service's total expense is what it costs to make or provide it.
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Imagine that you are an economic policymaker for a small developing nation. Use what you have learned about public policy, entrepreneurship, and microenterprise to craft a proposal for legislation that will support and sustain youth entrepreneurship. In particular, consider policies and programs that will encourage young people to start small businesses that are both economically and socially beneficial.
A young mind is very inventive in its thinking. The youngsters is intelligent its well in technology. Everyone is concerned with developing their careers, making good money, and living happy lives.
What is a policymaker's function?A political leader is a person who develops concepts and strategies, particularly those used by an organization or a government. The President, a school administration, a bank's board members, and a mayor are all examples of policy makers. These plans that a firm or government adheres to are thought to as policy.
What is definition of policymaker ?Someone who makes decisions about new policies, particularly in a political or political party: US policymakers are compelled to make challenging decisions.
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thelma and josie have just purchased an apartment building together. thelma is very concerned that property taxes and the cost of maintenance will increase and create a financial burden for her and josie. what is thelma concerned about?
The cost of apartment building maintenance and the probable increase in real estate taxes worry Thelma. These costs can create a financial burden for her and Josie, as they would need to come up with the funds to pay for these expenses.
What are property taxes?Property taxes are levied by the government on real estate and are determined by the property's assessed value. Property taxes rise in tandem with property value. These taxes may be substantial, particularly for a commercial property like an apartment complex, and may represent a sizable cost to the owners.
The cost of keeping a piece of property in excellent shape includes fees for things like repairs, cleaning, landscaping, and other building maintenance-related costs. These expenses can add up, especially if the facility is older and needs more upkeep and repairs.
When owning a property, owners must take into account both continuing expenditures like property taxes and maintenance charges, which can have a big influence on their capacity to pay their bills. Thelma worries that these expenses might rise in the future and put a strain on her and Josie's finances.
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Distribution intensity
The level of accessibility decided by the marketer for a specific product; the level of intensity chosen will depend on factors including the manufacturing capacity, the size of the target market, pricing and advertising practices, and the amount of product service needed by the end-user.
The maximum amount of product that a factory or manufacturing facility can produce is known as its manufacturing capacity. The aim of determining a factory's manufacturing capacity, which is often quantified in output units per time period, is to afterwards be able to optimize planning and scheduling, provide precise lead times to clients, and better estimate cash flow. Unfortunately, many firms estimate without being certain since they are unsure of their actual manufacturing capacity. Manufacturing capacity is a key factor in many business choices, thus it's critical to assess it as precisely as possible. Production capacity, expressed in units of output per period, is the maximum output that a manufacturing business is capable of producing. By being aware of your production capacity, you may enhance production planning and scheduling, provide more precise lead
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a.one advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership.b.it is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required.c.one disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner level.d.corporations face fewer regulations than sole proprietorships.e.if a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business.
Making a corporation has the benefit of typically exposing equity owners to less risk than in a partnership.
What is an example of a corporation?
A corporation in business (corporate business) is a legal organisation that was founded with the intention of turning a profit by shareholders, investors, or other individuals. It is a single entity that could be made up of people or a business, but it has a different legal status from its owners.Corporations are authorised to enter into contracts, bring legal actions and be sued, own property, pay federal and state taxes, and obtain bank loans.
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Cash 24,100 Accounts Payable 2,000 B. Conway, Capital 13,000 B. Conway, Drawing 600 Fees Revenue 18,000 Salary Expense 2,600 Rent Expense 3,000 Supplies Expense 1,900 Advertising Expense 800 Select the correct closing entry that ABC Consulting would make to close the income summary account at the end of the accounting period.
To close the income summary account at the conclusion of the accounting period, ABC Consulting would make the correct closing entry of 22100 .
What is the summary of accounting?Accounts 24,100 in cash Payable 2,000 B. Conway, Capital 13,000 B. Conway, Drawing 600 Fees Sales 18,000 Salary Expense 2,600 Rent costs $3,000; costs for supplies $1,900; costs for advertising $800. To close the income summary account at the conclusion of the accounting period, ABC Consulting would make the correct closing entry of 22100. A week, month, or quarter, as well as a calendar or fiscal year, can all be considered as examples of an accounting period. An accounting period is a time period that is used to perform certain accounting duties.
The accrual method of accounting enables consistent reporting and is used to define accounting periods for reporting and analysis reasons. The act of recording a business's financial transactions is known as accounting. To disclose these transactions to oversight organizations, regulators, and tax collection organizations is a step in the accounting process.
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by mistake, the production supervisor at east manufacturing transposed the digits on the production report and reported a higher percentage of completion for each inventory component. assume that there was no beginning inventory. required: what is the effect of this error on the following? the computation of total equivalent units. the computation of costs per equivalent unit. costs assigned to work-in-process ending inventory.
In this case, the idea of equivalent units is used, where units that have only been partially completed are multiplied by the percentage of completion. Effect on the following :
a. Due to higher percentage of completion of units, the Equivalent units will be higher
b. This idea produces figures that are regarded as fully finished units.Cost per equivalent unit = Total Cost / Number of equivalent units In this scenario, the numerator of total cost will remain the same (there will be no change), but the denominator, "Number of equivalent units," will be greater than the actual.
c. This is because the percentage of units completed will be higher in this case. therefore, the Cost per Equivalent Unit will decrease because the denominator is high.
The error results in a lower cost per equivalent unit. The transferred out goods are costed according to their equivalent unit. The cost of goods transferred out will also be low due to the low cost per equivalent unit. In the end, it leads to higher profits, which is incorrect.
All of the units in the production process may not have been finished completely at the end of a particular period (the reporting period), but expenses (material and conversion costs) may have been incurred to the extent that they were finished.
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cope creep: select one: a. is a goal of a six sigma project b. is a goal of a six sigma problem statement c. occurs when six sigma teams look to make infinite perfections on a process d. occurs when six sigma teams begin to reach for processes or problems that lie outside of the original problem. e. a and b f. c and d
In Six Sigma, a project charter is a multiple document that describes a project to enhance a process.
An answer to a project is what?A project is just a set of tasks that must be finished in order to achieve a particular goal. An alternate way to define a project is as a group of inputs and outputs required to achieve a particular goal. Projects can be managed through one person or one hundred, and they can be simple or complex.
What three components make up a project?Scope, cost, and time are the three components of the project management triangle, which together decide the project's quality. The triangle shows how these three factors are interconnected; if one is altered, some other two must also be adjusted.
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A project scope statement in Six Sigma is a collection of documents outlining an initiatives to help a process.
Describe six sigma.Statistics as well as data analysis are used in the Six Sigma method to detect and minimize errors or flaws. This approach aims to decrease manufacturing errors to no upwards of 3.4 mistakes per million unit occurrences while increasing cycle times.
Why is it referred to as 6 Sigma?Since one standard error in a data collection is referred to by the term "sigma," Six Sigma is named after this. Six of these variations are supposed to occur before a defect is produced by the method. When a product has reached Six Sigma, there are only 3.4 errors per billion process occurrences, or defects.
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which of the following is an advantage of franchises? select one: a. shared profit b. management regulation c. management and marketing assistance d. coattail effects
Management regulation is an advantage of the franchises.
What is a franchise?A franchise is a type of license that gives a franchisee access to the franchisor's exclusive business methods, procedures, and trademarks in order to utilize the franchisor's brand name to market goods and services. In exchange for a franchise, the franchisee normally pays the franchisor an upfront start-up fee and ongoing licensing costs. A business can easily increase its market share or geographic reach by franchising its products and brand name. In a franchise, a franchisor and a franchisee collaborate. The franchisor is the initial business. It promises to sell licenses for its name and idea. The franchisee buys the right to promote and sell the franchisor's goods and services using a recognized business model and trademark.
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which of the following is true about renewable natural resources? group of answer choices they are a type of land resource such as oil, coal, and natural gas that has a fixed stock. they are a type of capital resource such as irrigation networks and wastewater treatment plants that utilize water. they are a type of land resource such as forests, range-lands, and marine fisheries that naturally regenerate and thus can tolerate a sustained harvest, but can be depleted from excessive harvest. they are a type of capital resource such as air filtration systems in buildings that renew and refresh polluted air from the outside.
They are a type of land resource such as forests, range-lands, and marine fisheries that naturally regenerate and thus can tolerate a sustained harvest, but can be depleted from excessive harvest.
Do people count as natural resources?When they have the knowledge, skills, and technology necessary, humans can utilize nature to its fullest potential in order to produce additional resources. For this reason, people are regarded as unique resources.
Is the diamond a natural resource?The majority of the world's diamonds are discovered in African countries like South Africa and Botswana. They can also be found in Russia and Canada, though. Diamonds are utilized for industrial processes like drilling and cutting in addition to their two primary uses as gemstones in jewelry.
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Gap and pottery barn are examples of franchise organizations, where two or more retail outlets are owned and controlled by a corporation that employs central buying and merchandising and sells similar lines of merchandise
FALSE, Gap and pottery barn are not examples of franchise organizations
A franchise organizations is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and corporate structure and a franchisee who pays a fee and frequently an upfront fee to have the right to use the franchisor's name and system. The term "franchise" formally refers to the agreement that binds the two parties, but it is more frequently used to describe the operation that the franchisee runs. The process of developing and disseminating a brand and franchise network is known as franchising.
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how much does it cost to trademark a business name ?
You should budget between $250 and $750 when submitting an application to the USPTO to federally trademark your company name.
What is trademark?A trademark is a form of intellectual property that consists of a recognisable sign, design, or expression that links goods and services from one source to another. Any person, company, or other legal body can be the owner of a trademark. Any word, phrase, symbol, design, or combination of these that sets your goods or services apart from those of competitors is referred to as a trademark. It's how customers recognise you in the marketplace and differentiate you from your competitors.Trademarks can refer to both trademarks and service marks. Copyright rules generally protect the creators of musical, dramatic, artistic, and other sorts of intellectual works (like history tests, and software code).To learn more about trademark, refer to:
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there are probably 20 or more brands of laundry detergent in the gocery store where your family shops. make a list of different ways in which producers try to differentiate one dtergent brand from another. why can some brands have prices that are much higher than the price of others and still sell well?
Various strategies used by manufacturers to set one detergent brand apart from another include :
the product's physical variations (e.g. packaging)location where customers can acquire their goods and servicesProduct image (e.g. celebrity endorsements).Give a brief account on monopolistic competition.When numerous businesses provide similar but not identical substitutes for their products or services, monopolistic competition exists. Examples of sectors with monopolistic competition include the garment and hair salon industries. Pricing and marketing are crucial measures for rival businesses, and they frequently rely on branding or promotional pricing techniques to gain market share. Pricing is frequently a major tactic for these rivals since the demand for the products and services they offer is relatively elastic. In an effort to boost sales, one business can choose to cut its prices while sacrificing a bigger profit margin. Another company might charge more and employ packaging or marketing that conveys superiority or sophistication.
Additionally, under monopolistic competition, businesses heavily rely on advertising to persuade customers to buy their goods. A potential higher selling price can be set by advertising and employing other promotional costs to differentiate their items.
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