true or false: cost of goods sold must be adjusted to a cash number because the cost of merchandise sold may be more or less than the amount of cash paid to suppliers during the period.

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Answer 1

It is true that cost of goods sold must be adjusted to a cash number because the cost of merchandise sold may be more or less than the amount of cash paid to suppliers during the period.

The directly attributable of producing its products that a business sells are referred to as its cost of goods sold (COGS). The price of the labor and materials directly employed to make the good are included in this sum. It doesn't include indirect expenditures such as those connected with the sales staff and distribution.

As a company's net income is calculated by subtracting Cost of goods sold from its revenues, Cost of goods sold is a crucial financial statement statistic. The gross profit is an indicator of profitability that assesses how effectively a business manages its workers and resources during the production process. COGS is accounted for as a commercial expense in the income statement because it is a cost of doing business.

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Related Questions

Which statement is true about WSJF



a. It Identifies minimum economic outcomes

b. The item with the highest Cost of Delay is prioritized first

c. It includes Cost of delay and the unit of size

d. it is equal to the Cost of delay

Answers

the correct answer of the given question is Weighted Shortest Job First includes Cost of delay and the unit of size.

A scheduling policy called shortest job next (SJN), also known as shortest job first (SJF) or shortest process next (SPN), chooses the waiting process with the shortest execution time for execution.  A non-preemptive algorithm is SJN. A preemptive variation of SJN is called the shortest remaining time.

Because it is straightforward and reduces the average length of time each process must wait until its execution is complete, the shortest job next is advantageous. If small processes are consistently added, it could result in process hunger for tasks that will take a while to finish. The next highest response ratio is similar, but it offers a fix for this issue by using a method called aging.

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c-11 a company purchased a material handling equipment that costs $100,000 and salvage value 18,000. determine the book value of it after 3 years using:- a. straight-line depreciation b. 150% ddb c. 7 years of depreciation. e. discuss in short some ethical issues if the company uses low-cost lab

Answers

The book value of it after 3 years using straight-line depreciation is 8200 and declining balance depreciation is 61412.

Calculating the problem:

(a) Straight line depreciation

depreciation = ( cost of asset - salvage value ) / useful life

                      = ( 100000 - 18000 ) / 10

                       = 8200

Book value of the equipment after 3 years = 100000 - (8200× 3) = 75400

(b) 150% Declining balance depreciation

depreciation rate in straight line  = 8200 / ( 100000 - 18000 ) = 10%

depreciation rate in 150% declining  balance method = 10 × 150% = 15%

year 1 depreciation = 100000 × 15% = 15000

year 2 depreciation = (100000 - 15000) × 15% = 12750

year 3 depreciation = (100000 - 15000 - 12750 ) × 15% = 10838

book value of the equipment after 3 years = 100000 - 15000- 12750 - 10838 = 61412

(c) 7 year of  Depreciation:

year 1 depreciation = 100000 ×  14.29% = 14290

year 2 depreciation = 100000 × 24.49%  = 24490

year 3 depreciation = 100000 × 17.49 %  = 17490

Book value of the equipment after 3 years = 100000 - 14290 - 24490 - 17490 = 43730

Depreciation:

The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.

Why is depreciation an asset?

If you have to choose between classifying accumulated depreciation as an asset or as a liability, it should be considered an asset just because the account is recorded on the balance sheet.

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naptime inc., a manufacturer of mattresses, gave away a sheep plush toy to any customer who purchased a mattress from a naptime dealer. the toy was only available for a limited period. the plush toy is an example of a

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A limited edition plush toy is an example of a promotional item. Promotional items are typically free gifts or discounts given to customers by a company or organization. A promotional item is a product or item that is used to promote or market a business, product, or service. Promotional items can range from promotional pens and mugs to key chains and t-shirts.

They are intended to increase brand awareness, create positive customer experiences, or create a feeling of loyalty to the company. In this case, Naptime Inc. is using the limited edition plush toy to reward customers who purchase a mattress from a Naptime dealer. By providing this reward, Naptime hopes to encourage more customers to shop with them and create a feeling of loyalty to the brand.

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if a company such as j.b. trucking wanted to avoid marketing myopia, it should define its business as:

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If a company such as j.b. trucking wanted to avoid marketing myopia, it should define its business as a provider of transportation solutions.

Marketing myopia asserts that companies will do better in the long run if they focus on maximising the utility of a good or product rather than focusing just on trying to sell them. Marketing myopia is a short-sighted and inward-looking strategy to marketing that prioritises meeting the immediate needs of the business over marketing from the perspective of the consumer. The term was first used by Theodore Levitt in a piece published in the Harvard Business Review. Marketing myopia occurs when a business adopts a narrow-minded marketing strategy and concentrates primarily on one component out of several potential marketing features.

A classic illustration of marketing myopia is a company that concentrates on creating high-quality items for clients who only care about pricing and ignore quality.

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1) employer-provided health insurance benefits arose in the mid-20th century as a result of: a. a supreme court ruling that health insurance could be included in the collective bargaining process. b. legislation which legalized this process c. an executive order requiring employers to provide health insurance to employees d. none of the above

Answers

A decision by the Supreme Court allowing health insurance to be discussed during collective bargaining

Why was a quizlet about health insurance created?

to give an employee financial security in the event that they needed medical attention. The majority of insurance contracts demand for the insured person to make a financial contribution known as a co-payment, deductible, or co-insurance.

Why did health insurance first become popular?

The primary goal of the original health insurance plans was to make up for lost wages incurred by sick employees. Long absences were a major issue for businesses that relied on hard labor, therefore they frequently engaged doctors to take care of their employees.

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assume a company enters into a forward contract to lock in a price on inventory that it will purchase over the next 12 months. this is an example of what type of hedge?

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This is an example of Cash Flow type of hedge.

What do cash flow hedges mean?

A cash flow hedge is a financial tool that enables businesses to protect their future cash flows from changes, such as when making payments in a foreign currency or taking out loans with variable interest rates. A cash flow hedge is a type of hedging strategy created to guard against currency swings against a company's anticipated future costs and revenues. Concerned with a company's economic exposure are cash flow hedges. A company can use cash flow hedges to limit the risk of foreign exchange on its budgeted exposure.

What does the ideal hedge ratio mean?

A position taken by an investor that completely eliminates the risk associated with another position or that removes all market risk from a portfolio is known as a perfect hedge. A perfect hedge position must have a 100% inverse correlation to the starting position, which is difficult to achieve.

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this is typically used to increase retention with existing customers rather than attracting new customers.

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Customer retention aims to keep the business's current clientele and foster greater loyalty by offering better services or additional advantages. Businesses employ a variety of techniques to keep clients, such as loyalty programmes, discounts, freebies.

What strategies are employed to both entice and keep customers?

Customers should receive rewards, In an effort to entice new consumers and boost retention, you must offer prizes. To reward your new and existing clients, try referral or member-get-member programmes. You must give incentives to your present clients under referral schemes.

What is called customer retention?

The rate at which customers stick with a company over a specific amount of time is referred to as customer retention.

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an asian american family whose relatives immigrated to the u.s. four generations ago has three children. the oldest son, george, is in medical school. susan, at the age of 21, is a concert pianist. brent is a second-year business school student. this family is likely to exhibit which of these asian american buying patterns?

Answers

The Asian American family are assimilated, exhibiting buying patterns very much like other typical American consumers

What is assimilation?

The process through which individuals or groups with different ethnic ancestries are assimilated into the dominant culture of a society is known as assimilation in anthropology and sociology. Assimilation is the process of adopting characteristics from the dominant culture to the point when the group assimilating becomes socially indistinguishable from other members of the society. Assimilation is therefore the most extreme type of acculturation. Although assimilation may be forced or undertaken voluntarily, it is uncommon for a minority group to completely replace its prior cultural practices; among the traits that are frequently the most resistant to change are religion, food preferences, proxemics (i.e., the physical distance between people in a given social situation), and aesthetics.

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Which of the following is true about common fixed cost Mcq? A) A fixed cost remains unchanged in amount even when the volume of activity varies from period to period.
B) On a per-unit basis, fixed costs have an inverse relationship.
C) Fixed costs are used in calculating the break-even point.
D) All of the above.
E) None of the above.

Answers

The following is true about common fixed cost Macq All of the above.

The common fixed cost is which of the following?

In terms of total cost, fixed expenses are fixed, while unit costs for variable costs are fixed.

Which expenses are typically fixed?

Rather than being based on the quantity of goods or services your company produces or sells, fixed costs are more often based on time. Salary costs, lease payments, energy prices, insurance premiums, and loan repayments are a few examples of fixed costs. Fixed costs also apply to other tax types, such as company permits.

Which of the following summaries a fixed cost and a cost which Mcq the best?

costs that don't change as output changes The costs that do not fluctuate based on production volume or output within a certain range are referred to as total fixed costs.

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which function of money is described as money acts as a unit of measurement?

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Function of Money as an Accounting Unit. One of the most essential qualities of money is that it acts as a unit of account. A unit of account is anything that can be used to compute, record debts, and value commodities and services.

What is the function of money in a measure of value?

One of the money functions in economics is the unit of account. The market worth of commodities, services, and other transactions is measured using a unit of account, which is a common numerical monetary unit.

Money being a measure of value, aids in determining the value of commodities and services in the economy. When determining the worth of goods and services in the economy, money is used as the common denominator. Therefore, with the help of this function anything may be measure in a single denominator or unit.

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qs 2-10 computing t-account balance lo c4

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The end balance here is $ 320 in cash, the end balance for supply is $ 7,400, and the end balance for salary payable is $ 0.

Cash                                      Accounts Payable

Beg. Bal.    $110 $60              Beg. Bal. $2,100    $8,300

            $310 $70                             $2,800  

            $30          

End. Bal.    $320                End. Bal.               $3,400

Supplies                           Accounts Receivable

Beg. Bal. $10,100  $3,900 Beg. Bal. $650 $160

         $1,200                         $160

                                           $160

                                           $110

End. Bal. $7,400     End. Bal.                 $60    

Wages Payable               Cash

Beg. Bal. $0 $710       Beg. Bal. $11,300     $4,600

                 $710               $810   $6,100

                                         $110           $1,400

End. Bal.   $0               End. Bal. $120  

Working notes:

Cash ($110 + $310 + $30 - $60 - $70) = $320

Accounts Payable ($8,300 - $2,100 - $2,800) = $3,400

Supplies ($10,100 + $1,200 - $3,900) = $7,400

Accounts Receivable ($650 - $160 - $160 - $160 - $110) = $60

Wages Payable ($710 - $710) = $0

Cash ($11,300 + $810 + $110 - $4,600 - $6,100 - $1,400) = $120

Complete question:

QS 2-10 Computing T-account balance LO C4 Determine the ending balance of each of the following T-accounts. Cash Accounts Payable Beg Bal 110 60 Beg Bal 8,300 2,100 310 70 2,800 30 End Bal. Supplies Accounts Receivable Beg Bal. 10,100 3,900 Beg Bal 650 160 1,200 160 160 110 End Bal. End Bal. Wages Payable Cash Beg Bal. 710 Beg Bal 11,300 4,600 710 810 6,100 110 End Bal 1,400 End Bal.

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how much overhead is applied to 9 volt batteries and aaa batteries, respectively? (round to two decimal places.)

Answers

Evidently, six AAA batteries taped together into a 9-volt battery.

Can AAA batteries be overcharged?

Overcharging occurs when a cell or other object is put into a charging after it has fully charged. It's possible that this will reduce the battery's lifespan. Battery University recommends storing directly and indirectly affect and nickel-based batteries at a three to four percent state-of-charge.

how create 9V, how so many AA batteries?

The nominal voltage of one alkaline or carbon-zinc non-rechargeable AA battery is 1.5 Volts. Thus, when six of these cells are connected in series, they produce the 9 Volt output voltage needed by some electronics.

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nan contributes property with an adjusted basis of $50,000 to a partnership. the property has a fair market value of $60,000 on the date of the contribution. what is the partnership's basis in the property contributed by nan? $fill in the blank 1

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Nan gives the partnership property on a $50,000 adjusted basis. The property has a fair market value of $60,000 as of the contribution date. The basis for the property that Nan gave to the partnership is $50,000.

Any property, partnership interest, contract right, or another asset that any Partner contributes or is presumed to contribute to the Partnership, including any interest in any successor partnership that arises as a result of the Partnership's demise, is referred to as Contributed Property.

An individual or organization may look at real market transactions for comparable assets, project the asset's predicted profits, and calculate the cost to replace the asset in order to ascertain the fair value of a good or financial investment.

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what are the 2 reasons as to why it is often difficult to prove that a disease or condition resulted from workplace exposure.

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It is difficult to prove that a Disease or conditions resulted from workplace exposure because it involves multiple exposures whether it is from workplace or at home or from other public exposure.

Any Diseases or gradual injuries that often originate from the workplace. These injuries or diseases must develop due to unusual risks that are inherent to the person’s job. Conditions that arise as a result of risks that the general public faces is difficult to prove. This is because most diseases can have a number of possible causative exposures or exposure circumstances and take many years to become fully developed that makes it extremely difficult to establish a connection between work exposures and a resulting disease in an individual case. In this interval of time one cannot predict whether the disease is from workplace exposure.

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g a model is defined as a: a. description of all variables affecting a situation. b. simplified description of reality to understand and predict an economic event. c. positive analysis of all variables affecting an event. d. prediction based on historical evidence.

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A model is defined as a simplified description of reality to understand and predict an economic event.

An economic event is a significant occurrence that has an impact on the economy. This can include things like natural disasters, political changes, or financial crises. Economic events can have a positive or negative impact on businesses and consumers, and can cause widespread economic disruption.

A model in economics is a simplified representation of reality used to analyze how the economy works. Models can be used to simulate what would happen under different conditions, and to test economic theories.

Hence the correct option is "B".

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marketing executives, by a seven to one margin, believe that salespeople are born, not made.

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Marketing executives, by a seven to-one margin, believe that salespeople are born, not made is a myth

It is a common belief that some people have a natural talent for sales and that this talent cannot be learned or developed. While some people may have a natural inclination towards sales, it is possible for anyone to learn and develop the skills necessary to be successful in sales. Like any ability, selling requires practice. Professional athletes have natural skills, but they work to hone and perfect that talent. However, the finest salespeople use that gift and hone it. Some people are born with a skill set that lends itself to sales.

Although every sales situation is different, a few typical roadblocks frequently appear. Even successful salesmen can suffer from the notion that salespeople are not made, but rather born. They are told they are naturally talented, yet they never try to improve themselves. Due to their conviction that what they do cannot be taught, the very people who might gain the most from training seldom consider it as a possibility. This misconception is particularly deadly because of this.

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wayland custom woodworking payroll project

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Wayland Custom Woodworking is a continuing payroll project. Wayland has decided to pay its employees on a semimonthly basis. The percentage method should be used to calculate federal income tax.

Wayland Custom Woodworking creates custom cabinets and woodwork for commercial and residential clients. Students will be able to set up payroll records and complete a month's worth of payroll information for Wayland. Wayland Custom Woodworking can be found at 1716 Nichol Street, Logan, Utah, 84321, and can be reached at 435-555-9877. Mark Wayland is the proprietor.

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josh knows that his co-workers will be pleased by the creation of a new leave-reporting system that will save them time. which organizational pattern should he use in writing the message about the new system? group of answer choices indirect pattern. geographical pattern. chronological pattern. direct pattern.

Answers

The indirect pattern should be used in writing the message about the new system.

The indirect method is a navy method defined and chronicled by means of B. H. Liddell Hart after world warfare I. It changed into an try to find a solution to the trouble of high casualty charges in conflict zones with excessive force to space ratios, inclusive of the Western front on which he served. The method requires armies to advance alongside the road of least resistance. "at some point of the ages, powerful outcomes in conflict have hardly ever been attained except the technique has had such indirectness as to make certain the opponent’s unreadiness to meet it… In method, the longest manner round is regularly the shortest manner domestic.

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What type of behavior is an example of compensation? Select only one. a.goal-oriented behavior
b.attention-seeking behavior c.rebellious behavior d.conforming behavior

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One illustration of recompense is attention-seeking behavior. Extreme and theatrical conduct that seeks attention is generally used, and the tactics are typically very unhealthy and can be a sign of underlying mental health problems.

Even if the individual seeking attention behavior is unaware of their actions, attention-seeking habits have the potential to harm friendships and relationships over time because other people may begin to feel controlled.

There is a difference between attention-seeking conduct and a typical level of attention yearning. Being given attention makes us feel accepted, valued, and even validated for what is being done. However, attention-seeking actions put other people in awkward circumstances because they could feel compelled to pay attention instead of genuinely wanting to do so without being asked.

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assuming that the listing broker and the selling broker in a transaction split their commission equally, what was the sales price of the property if the commission rate was 6.5% and the listing broker received $12,593.50?

Answers

D) $387,492. If the commission rate was 6.5% and the listed broker earned $12,593.50, the sale of the property would have cost $387,492 if the commission split was equal between the selling and listing brokers.

A real estate expert who helps a homeowner advertise and market their house for sale is known as a listing broker or listing agent. A listing broker's responsibilities include choosing a suitable asking price for the house, creating a listing, and hosting open houses for potential purchasers. They collaborate on the house sale with the buyer's agent, who is bizarrely also known as the selling agent. It's useful to first explore the distinction between a real estate agent and a real estate broker in order to comprehend listing brokers. A person with a state-issued license to assist in the purchase and sale of various forms of real estate is known as an agent. An agent who also holds a broker's license is a real estate broker.

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which of the following stock investments should be accounted for using the cost method?

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the stock investments should be accounted for using the cost method is investments of less than 20%. the correct answer is B.

How Do Stocks Function?

An investment that represents ownership in a portion of the issuing corporation is a stock, which is also known as equity. Shareholders of shares, often referred to as units of stock, are entitled to a piece of the company's assets and earnings in proportion to the number of shares they own.

Stocks, which are typically purchased and sold on stock exchanges, make up the majority of individual investors' portfolios. Trading in stocks must adhere to regulations set forth by the government to protect investors from deceptive practices.

What Is Share Ownership?

Shareholders hold the company's issued shares, and the corporation is the rightful owner of a company's assets. If you only own 33 percent of a company's shares, you cannot claim to own one-third of it. Nevertheless, you do own a third of the company's shares. This refers to the "separation of ownership and control."

your question is incomplete, but most probably your full question was

which of the following stock investments should be accounted for using the cost method?

a. investments of less than 20% and investments between 20% and 50% b. investments of less than 20%

c. investments between 20% and 50%

d. all stock investments should be accounted for using the cost method.

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Which of the following is not a function of the Fed? a. Setting reserve requirements for banks.
b. Advising Congress on fiscal policy.
c. Regulating the supply of money.
d. Serving as a lender of last resort.

Answers

b. Advising Congress on fiscal policy. is the correct option.

Which of the following does not constitute a Federal Reserve System function?

Consumer banking services are not offered by the Fed. It is charged with maintaining control over the banking industry, managing the amount of money in the economy, and carrying out monetary policy.

monitoring and controlling banks E. keeping cash reserves for commercial banks. Since the American treasury controls the issuance of money (Federal Reserve notes), the Federal Reserve System is not in charge of this function.

As a result, the Reserve Bank of India does not have the authority to accept deposits from the public or to advance loans to them.

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rico borrows $110,000 from sterling bank to buy a home. if he fails to make payments on the mortgage, the bank has the right to repossess and auction off the property securing the loan. this is

Answers

The bank has the right to repossess and auction off the property securing the loan. This is foreclosure.

What is a loan?

A loan is when money is lent to another person with the understanding that it would be repaid, along with interest. Before agreeing to provide a borrower with a loan, lenders will take into account the borrower's income, credit score, and degree of debt. Loan for land purchase: To buy land for your new house. Loan for home construction: To construct a new home. Transferring the remaining balance of your current mortgage to a loan with a lower interest rate. Top-up loan: Can be used to update the interior of a new home or a renovated one. The borrower consents to repay the loan's principal plus interest. There are many different kinds of loans, such as auto loans, student loans, and mortgages.

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suppose you have limited resources to employ in pursuing antitrust investigations. given that breaking up some forms of collusion leads to greater efficiency gains than breaking up others, which firms would you focus on: those that would revert to bertrand, cournot, or stackelberg environments?

Answers

The firms would you focus on: are those that would revert to Bertrand, Cournot, or Stackelberg environments: This happens when production by companies with high costs if they were allowed to produce, would end up exerting a depressive effect on the market price.

The definition of a 'firm' inside the subject of economics is any agency that seeks to make earnings through manufacturing or promoting products or services – or both – to consumers. as an instance, one of the most commonplace makes use of this term is for 'regulation corporations,' which commonly promote offerings in relation to the regulation.

A company is a for-profit enterprise, commonly fashioned as a partnership that provides professional offerings, which include prison or accounting services. The concept of the company posits that firms exist to maximize income.

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Of the following reasons negotiators might choose not to negotiate which one is not among them?

A. It simply may not be worth the time.

B. The outcomes can be achieved even if negotiations don't work out.

C. The outcomes cannot be achieved even if negotiations don't work out.

D. If one is able to meet one's needs without having to negotiate at all.

E. All of the above are reasons for adopting an avoidance strategy.

Answers

C. The outcomes cannot be achieved even if negotiations don't work out.

The strategic discussion that resolves a problem in a manner that is acceptable to both parties is referred to as negotiation. In a negotiation, each side tries to get the other side to agree with them. Because negotiations involve some giving and taking, one party will always win the negotiation. However, even if the concession is minor, the other party must comply.

By negotiating, everyone involved tries to avoid conflict while agreeing on a solution. Buyers and sellers, prospective employees and employers, and governments of two or more nations are all examples of parties involved in negotiations.

IMPORTANT TAKEAWAYS: Negotiation is a strategic discussion that resolves a problem in a manner that is agreeable to both parties.

In most negotiations, compromise serves as the foundation.

Buyers and sellers, prospective employees and employers, and governments of two or more nations can all engage in negotiations.

Getting a better deal on a car, lowering a house's sale price, negotiating contract terms, and paying off debts are all common uses of negotiation.

Put yourself in the other party's shoes, keep your emotions in check, and know when to walk away from a negotiation. Negotiations involve two or more parties working together to reach a goal through a compromise or resolution that is acceptable to all parties. The other side will either accept the conditions as presented or counter with its own position while the first side will present its side. The procedure continues until a resolution is reached by both parties.

Members advance however much as could be expected about the other party's situation before an exchange starts, including what the qualities and shortcomings of that position are, the manner by which to get ready to safeguard their positions, and any counter-contentions the other party will probably make.

The circumstances determine how long it takes for negotiations to take place. Negotiation can take as little as a few minutes or much longer in cases that are more complicated. A car sale, for instance, may take minutes or hours of negotiation between a buyer and seller. Be that as it may, the legislatures of at least two nations might require months or years to arrange the conditions of an economic alliance.

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suppose the wage paid to workers who de-tassel corn rises. what happens in the market for workers who weed soybean fields, given that workers who work weeding soybean fields can easily de-tassel corn?

Answers

The supply curve for soybean laborers slopes downward.

Tell us about the supply curve.

The supply curve shows how the cost of a good or service relates to how much is provided over a given length of time. In a typical situation, the price will be displayed on the left vertical axis and the quantity delivered will be displayed on the horizontal axis.

On the majority of supply curves, the quantity supplied increases as the cost of the good decreases.

It is frequently possible to forecast from supply curves whether a commodity's price will increase or decrease in response to demand, and vice versa.

The supply curve is shallower (almost horizontal) for goods whose supply is more elastic, whereas it is steeper for goods whose supply is less elastic (closer to vertical).

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twenty years ago, mrs. cole purchased an insurance policy on her own life. mrs. cole died this year, and the policy paid the $300,000 death benefit to her son jeffrey. during her life, mrs. cole paid total premiums of $71,200 on the policy. which of the following statements is true? multiple choice jeffrey must recognize $228,800 of the $300,000 payment as ordinary income. jeffrey must recognize the $300,000 payment as ordinary income. jeffrey can exclude the $300,000 payment from gross income. jeffrey must recognize $228,800 of the $300,000 payment as capital gain.

Answers

This is the True statement.   Jeffrey can exclude the $300,000 payment from gross income.

For an individual, gross income is all the money you earn before taxes and other deductions are deducted. Your earned income can take many forms: salary, bonuses, tips, hourly wages, rental income, dividends from stocks and bonds, and interest on savings accounts.

Gross income includes your wages, dividends, capital gains, business income, pension payments and other income. Income adjustments include such items as teacher expenses, student loan interest, child support payments, or contributions to a retirement account.

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Which of the following products is least likely to be produced in a process operations system?

Compact disks

Slacks for casual wear

Baseball hats

Calculators

Custom cabinets

Answers

Out of the choices provided above, it can be concluded to state that the custom cabinets are least likely to be produced in a process of operations system. Therefore, the option E holds true.

Process operations system can be referred to or considered as the system that follows a process of standardization, and there is a sense of uniformity throughout the entirety of the completion of this process.

When there is a production of compact disks, baseball hats, calculators, there is a higher degree of standardization, however, customized cabinets cannot be made through a process of standardization.

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when the u.s. aggregate demand curve shifted to the left during the great depression, a. real gross domestic product (gdp) decreased. b. stock prices increased. c. the unemployment rate decreased. d. real wealth increased. e. the price level increased

Answers

During the Great Depression, the U.S. aggregate demand curve shifted to the left, in part, because: the U.S. authorities diminished the supply of money.

The Great Recession used to be exclusive from different recessions due to the fact that World War II in that: the typical economic system took a long way longer to get better than the average.

What motives mixture demand to shift to the left?

The aggregate demand curve tends to shift to the left when complete client spending declines. 2 Consumers would possibly spend less because the value of residing is rising or due to the fact authorities taxes have increased. Consumers may additionally decide to spend less and shop extra if they expect expenses to upward shove in the future.

There is a clear relationship between unemployment and inflation: inflation is low all through intervals of high unemployment and as unemployment declines inflation price increases.

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Match each example with the barrier to inclusion that best describes it. Answer Key Terms Descriptions The "like me" bias A large beverage company launches an initiative to pair non-minority employees with new hires who are minorities to help get them up to speed and promote inclusion. No employees sign up for the program because they believe that the organization intends to promote the new hires faster than them and doing so would hurt their chances for advancement. When reflecting on the job interviews he just finished for his assistant manager opening John decided that he wanted to hire Amy because she reminded him a lot of himself at the same career stage Susan talks down to a new staff member because he is from a country she believes is inferior to hers in the quality of its education Bernie believes that the best salespeople are men with families to support and therefore he only hires men for his sales openings A restaurant manager will only hire men as busboys because she believes that they are able to carry more weight and are therefore more efficient. A. Stereotype Prejudice C. Ethnocentrism Perceived threat of loss E.

Answers

The like me bias When reflecting on the job interviews he just finished for his assistant manager opening, John decided that he wanted to hire Amy because she reminded him a lot of himself at the same career stage.

Like me bias implies that we place a premium on those who are similar to us or who we perceive to be similar to us. Instead of focusing on genuine potential and performance at work, it can cause us to assess and label others based on perceived or actual similarities that are unimportant.

Perceived threat of loss- A large beverage company launches an initiative to pair non-minority employees with new hires who are minorities to help get them up to speed and promote inclusion. No employees sign up for the program because they believe that the organization intends to promote the new hires faster than them and doing so would hurt their chances for advancement.

Ethnocentrism- Susan talks down to a new staff member because he is from a country she believes is inferior to hers in the quality of its education

Prejudice- Bernie believes that the best salespeople are men with families to support and therefore he only hires men for his sales openings

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