The cost given up to obtain an item is called opportunity cost. Option (d) is correct.
What do you mean by Absolute Value?Absolute value is a business valuation method that uses discounted cash flow analysis to determine the financial worth of a company.
The opportunity cost of a particular activity in microeconomic theory is the value or benefit given up by engaging in that activity in comparison to engaging in an alternative activity. More specifically, it means that if you choose one activity (for example, an investment), you are foregoing the opportunity to do something else. The optimal activity is the one that, net of opportunity costs, provides the highest return when compared to all other activities.
Therefore, Option (d) is correct.
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to stop or limit the escape or to contain the release of a product either in its original container or by transferring it to a new one is the goal of:
To stop or limit the escape or to contain the release of a product either in its original container or by transferring it to a new one is the goal of leak control
A product is anything that can be sold to a market in order to satisfy a consumer's need or desire. In marketing, a product is something that is made accessible to customers for usage in response to demand from customers. [1] In the retail sector, products, also known as merchandise, are purchased as raw materials in the manufacturing sector and then sold as finished goods.Products are the formally specified project deliverables that contribute to or aid in the project's achievement of its objectives.An related idea is a sub-product, which is an unintended but valuable outcome of a production process.items that are dangerous, especially those that
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If a company increases its sales price per unit for Product A the new breakeven point will A remain the same B. decreaseC. increase D. More information is needed Morenomonised
As the selling price increases, the break even point will decrease. The greatest option is B, for that reason.
How does a higher selling price affect the break-even point?The break-even point does not change even when sales vary. It still represents the point at which revenues and costs are equal but neither a profit nor a loss is realized. A business makes money if sales are higher than the break-even point; if they are lower, they are in the red.
As the selling price per unit rises, the break-even point in units frequently falls. Therefore, when the selling price per unit declines, the break-even point will rise. Reduced sales would lead to reduced contribution margins, which would reduce the amount of fixed expenses that sales would pay for.
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a new state law, passed by the legislature, mandates that all employers must prohibit employee texting in employer vehicles. the law further provides that any employer who allows an employee to text in its vehicles is subject to a court order requiring the employer to enforce the law. this law is a matter of:
The law further provides that any employer who allows an employee to text in its vehicles is subject to a court order requiring the employer to enforce the law. this law is a matter of substantive law.
How would you define substantive law?
A Statutory Law known as substantive law establishes the rights and duties of citizens to be protected by the law, specifies crimes or wrongs as well as their remedies, and establishes the facts that make up a wrong—i.e., the topic of litigation in the context of administering justice.
What distinguishes procedural law from substantive law?
All laws with universal or particular applicability fall under the category of substantive law, which outlines the rights and obligations that apply to both individuals and organizations.
The legal guidelines by which substantive law is developed, applied, and enforced, notably in a court of law, are established by procedural law.
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Bonnie has decided to begin a retirement savings program where she will contribute to an account that will accumulate tax free throughout her working life. She expects to retire in exactly 11 years from today, and her goal is to have accumulated the amount of $920 when she reaches her future retirement age.
In order to meet her goal, she will begin making MONTHLY contributions to a special account devoted to the retirement goal. Contributions to this account will begin one month from today, and she will continue placing equal monthly amounts into her retirement account for the next 11 years. What minimum amount needs to be placed in her account at the end of each month so that she'll reach her goal if the annual interest rate is 3%.
$__________________________________
Instructions: Place your answer in dollars and cents. DO NOT USE A DOLLAR SIGN OR A COMMA IN YOUR ANSWER. Work all calculations to at least four decimal points of accuracy.
The answer is ,she will need to contribute $14,029 every year to meet her goal.
What is Recurring deposits (RDs)?Recurring deposits (RDs), usually referred to as term deposits, give consumers the freedom to invest a sum of their choice each month and save money without difficulty. In India, the majority of banks and NBFCs provide recurring deposit accounts with terms ranging from six months to ten years.
Since Bonnie's goal is $300,000, this will be the future value and you can use a financial calculator to solve for Recurring deposits (PMT);
Time to retirement; N = 12
Interest rate; I/Y = 10%
Future value; FV = 300,000
One time present cashflow; PV = 0
then compute the recurring deposits; CPT PMT = 14,028.995
By Rounding of she will need to contribute $14,029 every year to meet her goal.
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, environmental trends and Ethical trends affect a pharmacy business? I need one whole paragraph for them
The negative impact of the production of pharmaceutical products on the natural environment is well known. However, this remains largely unregulated, meaning the extremely toxic impact it has on both animals and humans continues with no clear end in sight.
International organisations and the pharmaceutical industry have begun to notice that the detrimental impact pharma products have on the environment on a global scale.Pharmaceutical products enter the environment at various stages of their life-cycle, but particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat. Lord Jim O’Neill noted this trend in his 2016 UK government-funded independent Review on Antimicrobial Resistance.Although it is a global issue, like other environmental issues, pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.Health Care Without Harm (HCWH) Europe runs the Safer Pharma campaign to raise awareness of the negative relationship between pharma and the environment and challenge the healthcare industry to clean up its production.The production of both active pharmaceutical ingredients (APIs) and finished dose antibiotics is concentrated in specific locations so the resulting point, source pollution, is in incredibly high concentrations and encourages the development of drug resistance,” says HCWH Europe pharmaceuticals policy officer Dr Adela Maghear. “This practice has a detrimental impact on vulnerable populations living near manufacturing facilities and wastewater treatment plants in these countries.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally.
You are the head of resource planning at a major diversified products company based in London, England. Your company has multiple product divisions engaged in everything from the construction of oil pipelines to business financing. Which of the following resources is least likely to be required by the business financing division of your company?
Resource planning is a strategic approach to ensuring resources are used in the most effective way, across a single project or a portfolio of work.
Define multiple product divisions?
An organizational structure in which centralized support functions service the needs of a number of different product lines. Typically used by organizations whose products are broadly similar and aimed at the same market, such as a food company that produces frozen foods (e.g. pizza, vegetables, and desserts).A product line is a group of connected products marketed under a single brand name by the same company. Firms sell multiple product lines under their various brand names, often differentiating by price, quality, country, or targeted demographic.In this type of structure, employees are divided into departments based on product areas and/or geographic regions. General Electric, for example, has six product divisions: Energy, Capital, Home & Business Solutions, Healthcare, Aviation, and Transportation.To learn more about products refers to;
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Which type of demand relates to the automobile market? Push demand Independent demand Dependent demand Pull demand 71 What is one objective of material requirements planning (MRP)? To reduce lead times To provide timely and accurate planning To maximize production throughput planning To minimize labor hours used in production
The automobile market is related to (B) independent demand.
What is independent demand?The quantity of a good that consumers are willing and able to buy at different prices during a specific time is known as demand in economics.
The demand curve is another name for the relationship between price and quantity demand.
Demand for a finished commodity, such as a car, is known as independent demand, but demand for a component portion of a finished good, such as the tires on a car, is known as dependent demand.
Demand for a finished good is the source of dependent demand.
The auto industry is a type of independent demand.
Independent Demand is brought on by customers requesting goods, kits, and service parts. Additionally, each thing experiences this demand separately and without regard to other items.
Therefore, the automobile market is related to (B) independent demand.
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Correct question:
Which type of demand relates to the automobile market?
a. Push demand
b. Independent demand
c. Dependent demand
d. Pull demand
national insurance company has 200,000 shares authorized, 174,000 shares issued, and 40,000 shares of treasury stock. the number of shares outstanding is:
According to the information provided, there are 134,000 shares outstanding.
What is a share that is outstanding?The stock that a company presently holds, including shares units held via investment groups and restricted shares owned by executives and officers, is known as shares outstanding.
To determine the amount of outstanding shares using the provided data
Shares issued = 174,000
Shares of treasury stock = 40,000
Number of shares outstanding=174,000-40,000
Number of shares outstanding = 134,000 shares
Consequently, there are 134,000 shares outstanding.
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a town has a total assessed valuation of $30,000,000 and exemptions of $5,000,000. what is its tax base?
$25,000,000 is the tax base required.
Total assessed valuation = $30,000,000
Exemptions = $5,000,000
A tax base is defined as the total value of assets, property, or income in a particular region or jurisdiction. The tax base is the total amount of income, wealth, assets, consumption, transactions, or other economic activity subject to taxation by a taxing authority. The tax base of an asset is the amount that can be deducted for tax purposes from the taxable economic benefits accruing to the entity at the time the asset's carrying amount is recognized.
Assessment criteria = tax amount / tax rate
Tax Base = Tax Liability/ Tax Rate
Here, the exemptions are only $5,000,000 out of $30,000,000
∴ So, the final tax base is $25,000,000.
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Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials used in production $ 4,680 Direct labor $ 59,700 Manufacturing overhead applied to work in process $ 88,500 Underapplied overhead $ 4,090 Inventories Beginning Ending Raw materials $ 10,700 $ 18,300 Work in process $ 56,000 $ 68,900 Finished goods $ 34,700 $ 43,700 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold
$30,00 in raw material purchases $5,000 in indirect materials used in production $58,000 for direct labour To work in, manufacturing overhead applies.
The cost information relates to Chang Company's production operations, as explained.
The costs listed below are related to Chang Company's manufacturing operations for the most recent fiscal year: cost of manufacturing overhead: $16,000 for indirect materials 140,000 for indirect labour, 9,000 for property taxes, 80,000 for utilities, 251,500 for depreciation, and 11,000 for insurance. The total manufacturing costs for the time period that were added to work-in-progress are listed in the cost of goods manufactured schedule. These costs are then adjusted for the change in the work-in-progress inventory account to determine the cost of goods manufactured.
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2) as set forth in the policy on financial conflicts of interest and research, a countervailing circumstance is:
The term “conflict of interest (COI) in research” refers to situations in which financial or other personal considerations may compromise or have the appearance of compromising in conducting or reporting research.
What are conflicts of interest in research?Research scenarios where an investigator has a material financial interest may compromise or appear to impair professional judgement in the design, conduct, or reporting of the study are known as financial conflicts of interest. An institutional conflict of interest, also known as an institutional COI or ICOI, is when an institution's financial interests or those of a representative of the institution acting in the course of their official duties run the danger of impairing research, instruction, or clinical care. The committee emphasises the significance of each of the three key components of a conflict of interest in order to avoid widespread misconceptions about the idea that may result in inappropriate and ultimately inefficient or counterproductive policies.To learn more about conflicts of interest refer to:
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according to the standard wording in the property condition paragraph (paragraph 7e) of the trec one to four family residential contract (resale), who is required to pay for the lender-required repairs?
According to the standard wording in the property, No one is required to pay for the lender-required repairs.
A lender is a character, a collection (public or non-public), or a financial organization that makes finances to be had by someone or an enterprise with the expectancy that the funds will be repaid. repayment will encompass the payment of any interest or costs. Reimbursement may additionally arise in increments (as in a monthly loan fee) or as a lump sum. one in every of the largest loans customers take out from lenders is a loan.
Creditors provide finances for an expansion of reasons, such as a home loan, a car loan, or a small business mortgage. The phrases of the mortgage specify the way it should be satisfied, e.g., the repayment length and the consequences of missing bills and default. A lender may match to a group company to recover any finances that are late.
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as of today, what is the net worth of your parents' investments, including real estate (not your parents' home)?
The net worth of your parents’ investments including real estate (not your parents' home is the amount left over after deducting debt owed on these investment.
What is the net worth of your parents' investments, including real estate (not your parents' home)?The net worth of your parents’ investments is amount left over after any debt for this investment has been deducted. These Investments are: real estate (but not homes you own and live in); rental properties, trust funds, UGMA/UTMA accounts, money market funds, stock options, certificates of deposits, mutual funds, stocks, bonds and other securities; Installment and Real Estate sale Agreements (Including Mortgages Owned), Coverdale, Commodities, Savings Plans, 529 as well as other college savings plans. etc. Not including the value of life insurance pension funds or annuities, non-education IRAs, retirement plans (401k); retirement funds or pensions; non-educational IRAs.
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you have been selected as the project manager for a new project that is being performed for your organization. the initiator of the project has signed off on the project initiation documentation. how does this documentation benefit you?
Detailed knowledge of the project scope, timeframes, budget, stakeholders, and risk management strategy is given to the project manager by the project initiation paperwork, in the conclusion.
What is project initiation documentation?The project manager gains from the project initiation documentation (PID) in a number of ways.
It offers a distinct project scope: The PID details the project's goals, deliverables, and scope, which aids the project manager in comprehending those goals and objectives and developing a strategy to meet them.
It creates a project budget: A project budget is included in the PID, which aids the project manager in planning the project's financial requirements and understanding the financial resources that are available for the project.
It identifies stakeholders: The PID lists the project stakeholders, together with information on their duties and level of involvement. This aids the project manager in managing stakeholder expectations and effective stakeholder communication.
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a curriculum developed by an outside group for use by others is called a(n):
The term "standardized curriculum" refers to a curriculum created by an outside entity for use by others.
What is the standard curriculum?Standardized curriculum is a set of educational standards that all schools and educational institutions are expected to conform to. It is a set of guidelines and expectations for what should be taught in each school and grade level.
guarantee that students in all schools are proficient at the same level, standardized curricula are used access to quality education, regardless of where they live or what type of school they attend. The curriculum is designed to cover the same topics across all school systems, allowing for comparison and evaluation of educational outcomes.
It also helps to ensure that basic educational requirements are met, such as reading, writing, and math skills. Standardized curriculum also helps to ensure that students are being taught the same material in all schools and at the same rate of progress. This helps to ensure that no student is left behind, regardless of their school or background.
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Which of the following changes will necessarily occur as a result of an increase in the nominal interest rate: A
The money demand curve will shift to the left.
B
The money demand curve will shift to the right.
C
The money supply curve will shift to the left.
D
The quantity of money supplied will decrease.
E
The quantity of money demanded will decrease.
As a result of an increase in the nominal interest rate, the money demand curve will shift to the left.
What is the demand curve?
The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the quantity required over a specific time period. The price will often be shown on the left vertical axis in a representation, and the amount needed will typically be shown on the horizontal axis.A demand curve often has a downward slope and is elongated. Almost all, if not all, demand curves for products follow this rule. Occasionally, a good's demand curve may be upward-sloping. The term "Giffen good" refers to goods with an upward-sloping demand curve.There are numerous varieties of curves in economics theory. The four main categories of demand curves are elastic, inelastic, individual, and market curves.To learn more about the demand curve refer to:
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in the united states, the average household in the top quintile (of total money income) contains fewer persons than the average household in the bottom quintile. group of answer choices false true
false. in the united states, the average household in the top quintile (of total money income) contains fewer persons than the average household in the bottom quintile.
A household is made up of two or more people who reside in the same house. It might be a single family or a different sort of human group. [1] Households are essential in economics and inheritance because they are the main unit of study in many social, microeconomic, and government models. Families, blended families, shared living, group homes, boarding houses, houses of multiple occupancy (UK), and single room occupancy are all examples of household models (US). In feudal cultures, servants and other retainers were part of the royal household and affluent medieval houses. In the United Kingdom, a household is defined as "one individual or a group of persons who have the accommodation as their sole or principal residence and who.
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In the _____ stage of the Product Life Cycle, late majority and repeat buyers make up a larger percentage of the customer base with the main objective being profitability and increasing market share.
Choose matching definition
introduction
decline
growth stage
maturity
Option D is correct, In the maturity stage of the Product Life Cycle, late majority and repeat buyers make up a larger percentage of the customer base with the main objective being profitability and increasing market share.
The development, introduction, growth, maturity, and decline of a product are the five phases that make up its life cycle. German economist Theodore Levitt created the idea and released his Product Life Cycle model in the Harvard Business Review in 1965.
It is the period of time from the conception of the product to its eventual removal from the market. At every level, decisions are made and strategies are developed using the product life cycle.
With the help of market research, advertisers use the product life cycle to tailor their messaging at each stage. Managers use the product life cycle to inform their strategic choices regarding pricing, market expansion, packaging, and other issues.
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refers to the extent to which processing activity is devoted to a particular stimulus. question 5 options: a) sensory marketing b) an embed c) attention d) subliminal perception
Subliminal perception refers to the extent to which processing activity is devoted to a particular stimulus.
Hence, Option D is correct
Subliminal perception is the perception of a series of stimulus which the person is not consciously aware of and gets under the influence involuntarily, in addition to the perception with the five sense organs .Subliminal stimuli are any sensory stimuli below an individual's threshold for conscious perception, in contrast to supraliminal stimuli. According to a 2012 review of studies using functional magnetic resonance imaging, participants are unaware when subliminal stimuli cause certain brain regions to become active.Advertising uses subliminal messages to entice consumers on a subconscious level. Customers can form brief but effective associations between a brand and the intended meaning thanks to the varied colors, shapes, and words used in these advertisements. Be subtle, in other words. Additionally, ads have a long history of being subtly wordedTo know more about subliminal reception here
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why do management accountants need to understand their companies strategies? how are the 3 strategic resources: swot analysis, value chain, and balanced scorecard linked in a comprehensive strategic analysis?
A management accountant supports the executive team of a firm by acting as a trusted advisor. Key decisions are involved in company plans.
How do management accountants support strategic decisions?A management accountant supports the executive team of a firm by acting as a trusted advisor. Key decisions are involved in company plans. Financial analysis provided by management accounting helps with strategic decision-making, although the emphasis is on giving some assurance that the strategic choice has some chance of being successful, with strategic considerations frequently receiving more weight.
Strategic management accounting includes analysis of external data on competitors in the market, political and monetary policies that influence the market, and recent trends in prices, share, and costs.
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Imagine your client would like to complete a tax inversion, acquiring a foreign company in Switzerland and moving the domicile of the combined company overseas. Your client believes that this will save him or her quite a bit of money in taxes as the corporate tax rate in Switzerland is 5%. Write a memo explaining why this would or would not be a good idea. Keep in mind the document linked above. Also, provide examples of tax inversions that have occurred in the past couple of years and whether they were achieved or not.
A domestic company moving its operations outside the country in which it is operating is known as a corporate inversion or tax inversion.
An inversion is a business deal in which a multinational corporation with headquarters in the US merges with a smaller foreign firm before relocating there.Inversion profit The phrase "inversion gain" refers to any income or gain realized as a result of an expatriated entity's transfer of stock or other properties during the applicable period as well as any income received or accrued as a result of the license of any property during the applicable period.By offering various taxation options depending on certain criteria, the anti-inversion rules are intended to prevent corporate inversions.To know more about tax inversion here
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for a factor price taker, the factor supply curve is , whereas the market factor supply curve is . group of answer choices upward sloping; upward sloping horizontal; vertical horizontal; upward sloping upward sloping; horizontal vertical; horizontal
correct reply is horizontal; upward sloping.
For a component charge taker, the furnish curve is horizontal in spite of the enterprise experiencing an upward slope in the provide curve.
A firm will buy an factor regardless of something supplied the marginal component is decrease than the marginal revenue product (MRP).
What is market furnish curve?The market supply curve measures the relationship between complete output and the common marginal fee of producing this output. The interpretation of the market provide curve as a marginal price curve is one reason for the widespread practice of drawing supply curves with P on the vertical axis.
Is the market supply curve vertical or horizontal?The furnish curve is a picture illustration of the correlation between the fee of a correct or service and the volume provided for a given period. In a regular illustration, the price will appear on the left vertical axis, whilst the volume furnished will appear on the horizontal axis.
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https://brainly.com/question/12216631#SPJ4describe the importance of international capital structure. what risks can you identify when working with cash, credit and inventory management? provide your rationale and any supporting data.
An important instrument for determining exchange rates, comparing inflation rates, getting a sense of investing in international debt securities, determining the economic standing of other nations, and assessing overseas markets is international finance.
What are the important features of capital structure?The following characteristics should be included in a sound, adequate capital structure: Profitability: Within the limitations, the company's capital structure ought to be the most advantageous.
The most leverage possible should be used at the lowest possible expense. Solvency: The company's solvency is threatened by the usage of excessive debt.
The capital structure of the company's leverage determines how much financial risk there is. A business that uses debt for capital must pay fixed interest rates, and the danger of liquidation rises if fixed interest cannot be paid.
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eighty-five percent of tobacco products sold in the united states originate in the tobacco fields of one state. its legislature passed a law prohibiting cultivation of tobacco in the state, citing severe health risk concerns. in response, congress enacted legislation specifically authorizing and encouraging cultivation of tobacco by providing tax incentives and federal subsidies for tobacco growers. if a tobacco grower and state resident is prosecuted under the state statute, will the federal law compel the state court to dismiss the action?
Yes, because commerce power authorizes the Congress to regulate activities of the national economic significance and state statute is inconsistent with federal legislation.
What is legislation?A legislature, parliament, or other similar governing body establishing or promulgating laws is what is known as legislation. A item of legislation may be known as a bill before it is passed and becomes law. To distinguish it from other action while it is still under consideration, it may instead only be referred to as "legislation." It is possible to set limitations through the employment of legislation. It can also be used to furnish (funds), sanction, grant, declare, or forbid anything. The authority of a legislative act may enable an executive or administrative body to evaluate it in comparison to a non-legislative act. Legislation is often proposed by a legislator or an executive official, discussed, and frequently updated by other legislators before being passed.
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a marketer wants to ensure that a first name is always included when importing new subscribers into their master data extension. how can this task be accomplished?
This task can be done using a validation rule when importing new subscribers to the master data extension. This rule would require the first name field to be non-empty.
This would ensure that all new subscribers have their first name included in the master data extension when imported. This validation rule can be set in the data extension and any new participants who do not have a first name will be prevented from importing until the first name field is filled. This will help ensure that all subscribers imported into the master data extension have their first name included, allowing for better segmentation and personalization of marketing messages.
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you are the listing agent for the property at 542 apple street, a charming little cottage built in 1962. title x requires the seller to make what disclosure to the buyer?
You are the listing agent for the property at 542 Apple Street, a charming little cottage built in 1962. Title X requires the seller to make what disclosure ...
How do you get a charming personality?
1. They always show they're genuinely glad to meet you. When you feel someone "gets" you, respecting your opinion, your point of view, your experience--whatever you're communicating--then you naturally feel more important. The other person doesn't have to agree with you; they just have to show they respect you.How?
2. They sometimes show a little vulnerability. Two Masters of the Business Universe meet for the first time. Instantly, they play an unstated but nonetheless obvious game of "Who's More Successful?" They work hard to one-up the other. After all, life is about winning, right?Charming people don't try to win any unstated competitions with people they meet. In fact, they actively try to lose. They're complimentary. They're impressed. They're even willing to admit a weakness or a failure.It's really easy. Say you meet Admiral Trump and he says, "I just closed a fabulous deal to build the world's best golf course on the most amazing oceanfront property on the planet." Don't try to win. Instead say, "That's awesome.
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the factors necessary to compute depreciation include all of the following, except: multiple choice question. useful life. cost. salvage value. book value.
The correct response is d. book value. All of the following, with the exception of book value, are necessary components to calculate depreciation.
The worth of an asset as determined by its balance sheet account balance is its book value. Assets are valued based on their initial cost less any depreciation, amortization, or impairment charges incurred against them. The traditional definition of a company's book value is its total assets less its intangible assets and liabilities. The inclusion of goodwill, intangible assets, or both may vary depending on the method of computation used in practice. It is never taken into account how valuable a company's employees is as part of its intellectual capital. The metric is sometimes described as tangible book value when intangible assets and goodwill are specifically omitted. In the UK, the phrase "net asset value" can also refer to a company's book value.
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Credit is a term used to describe any situation in which goods, services, or money is received in exchange for a promise to repay at a future date.
TrueFalse
Credit refers to a situation in which goods, services, or money is received in exchange for a promise to repay at a future date. The statement is True.
This can take many forms, such as a loan from a bank, a line of credit from a creditor, or a credit card account.
In these cases, the borrower receives money or goods now, but they are expected to repay the debt, with interest, at a future date. Credit can also refer to a situation in which a seller extends credit to a buyer by allowing them to purchase goods or services now, and pay for them later.
In all these cases, credit is the ability to receive goods, services, or money now, in exchange for a promise to repay in the future.
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which of the following would be the most appropriate activity and cost drivers pairing for a purchasing department? multiple choice activity: placing orders; cost driver: number of orders activity: placing orders; cost driver: number of new hires activity: placing orders; cost driver: frequency of audits activity: placing orders; cost driver: employee turnover rate
For a buying department, the ideal activity and cost driver coupling would be:
Ordering is a thing you do.Cost-driver: Order volumeWhat is the primary function of the buying department?
The primary function of the buying department is to place orders for the products and services the business need. As more orders are made, the more resources the department will need to devote to the work, making order volume the most directly associated cost driver for this activity. This covers both direct and indirect costs, such as the price of the purchased products and services and the time and effort expended by the staff members who are in charge of placing the orders.
The following reasons make the other alternatives inappropriate pairings:
Order-placing activity is not closely correlated with the number of new recruits.The frequency of audits is more closely tied to internal control and compliance than it is to the price of making orders.The rate of employee turnover has more to do with the human resources department than it does with the activity of placing orders.In order to correctly assess and control costs, it's crucial to choose a cost driver that is closely tied to the action being taken.Learn more about Buying department from the link below
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a bank has determined that the monthly balances of the saving accounts of its customers are normally distributed with an average balance of $1,200 and a standard deviation of $250. what proportion of customers have monthly balances between $950 and $1,075?
In response to the query, we discover that 0.1498 and 14.98% of all clients have balances in 950 and 1075.
Which bank offers a savings account with 7% interest?Banks in the US do not provide interest rates of 7%, but Landmark Credit Union does, with significant conditions and restrictions. An debt checking account often pays less interest than a savings account, which is a deposit account. Savings accounts have a cap on how many specific transfers or withdrawals your can make throughout each cycle of monthly statements.
Given that its customers' monthly savings account amounts are typically allocated.
Mean = 1200: std dev = 250:
Let X denote the monthly balance.
Required to find proportion for 950<x<1075
We can convert x to Z score first
Z=[tex]\frac{x-\mu }{\sigma }[/tex]
Z score for 950 = [tex]\frac{950-1200 }{250 }[/tex]= -1
Z score for 1075 = [tex]\frac{1075-1200 }{250 }[/tex] = -0.5
P(-1<Z<-0.5) = 0.3413-0.1915 =0.1498
Thus 0.1498 or 14.98% of the total customers have balances between 950 and 1075.
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