All expenditures are authorized before a check is prepared and Checks are signed only by authorized individuals are important elements of a cash disbursement control system.
In order to achieve certain investment or fund management goals, controlled disbursement is utilized to control the daily flow of checks through the banking system. Typically, once-daily check distributions are required. These actions include payment authorization, cash management strategies, and reconciliation of vendor accounts. A cash receipts control system includes controls like comparing the bank-generated deposit slip with the check listing and making sure the person opening the mail is not the person who maintains the accounting records. Cash management is the careful oversight of cash balances, forecasted cash payments, and forecasted cash receipts to ensure that adequate cash balances exist to meet obligations.
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which of the following completes the sentence are characterized by highly interconnected people such as hobbyists bands or professional groups
Tight crowds are characterized by highly interconnected people such as hobbyists, fans or professional groups. With tight crowds some people can build innovation and make a network.
The polarized crowds, tight crowd, brand clusters, community clusters, broadcast network, and support network are the six various of conversation networks that is created by Smith, Rainie, Sheneiderman, and Himelboim. Nowadays, with the development of modern technology, people become more familiar with those social media platforms. As a result, the information transformation will be more and more various and complex inside the social media. Nowadays, we can use social media as “cloud”, information is saved by the cloud. In the storage, users give out information and also get other information from the cloud.
The missing part in the question is shown below.
Which of the following completes the sentence," ____ is/are characterized by highly interconnected people such as hobbyists, fans, or professional groups?
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in the objective function, the first term is the annual cost of goods, the second is the annual ordering cost (dj/qj is the number of orders), and the last term is the annual inventory holding cost (qj/2 is the average amount of inventory). set up a spreadsheet model for the following data:in the objective function, the first term is the annual cost of goods, the second is the annual ordering cost (dj/qj is the number of orders), and the last term is the annual inventory holding cost (qj/2 is the average amount of inventory). set up a spreadsheet model for the following data:
Objective function is of the form Z = ax + by, where x, y are the decision variables.
What is the objective function?To solve the optimization issues, the objective function is required. An objective function is a linear formulation of the equation Z = axe + by, where a, b are constraints and x, y are variables that need to be maximised or minimised. The choice variables are identified as x and y. X > 0 and Y > 0 are two of the restrictions that control an objective function.
To identify the best solution to a linear programming problem, one must apply the objective function, which can either maximise profit, reduce cost, or optimise resource allocation. LPP's objective function is frequently used to describe issues in business, industry, and applied sciences.
Hence, the objective function is of the form Z = ax + by, where x, y are the decision variables.
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Financial information about an internal service fund should be reported in the proprietary fund financial statements and the:
The proprietary fund financial statements and the government or business operations column of the government-wide financial statements should both include financial information regarding an internal service fund (depending on which the internal service fund predominantly serves).
Usually as part of governmental activities, unless the internal service fund predominantly serves one or more enterprise funds.
On the fund statement, a single column contains information about the internal service funds. There must be an overall sum for the payment. The fund balance is shown in the government's overall statements in the government entity column.
The internal service funds are proprietary funds, which are accounted for on a flow of economic resources measurement focus, which requires full accrual accounting.
A proprietary fund is used in governmental accounting to account for activities that involve business-like interactions, either within the government or outside of it. These activities are similar to what would be found in the private sector, so the reporting resembles what would be used by a private business
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The following statements represent different approaches to using sources. Choose the one that best describes how students should use sources when writing papers. O a. The wisdom of the ancients should be committed to memory, and the best answer to some questions is to quote traditional sayings with no need to mention the source. O b. Background on a topic can be distilled from many different sources and presented as a summary without specific quotations or precise references. c. A paper may include primarily factual claims, with little interpretation, if all of the facts are backed up with specific citations. O d. Arguments should include a blend of previous knowledge, new facts that are backed up with evidence, and the writer's own conclusions that come from interpreting the evidence.
Arguments should include a blend of previous knowledge, new facts that are backed up with evidence, and the writer's own conclusions that come from interpreting the evidence.
While the actual mention of the used source is referred to as a reference, the source is the text or other work that provides the information that is being used. These terms are somewhat interchangeable; for example, references is a term that refers to a list of sources used in an academic text in a number of reference styles. However, making a distinction between the two terms might be helpful when discussing the reference's actual purpose in the written text.
You must be able to recognize each source's type and intended use in order to use sources effectively and correctly.
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a human resources psychologist is interested in the effect of work schedule on job satisfaction. she compares satisfaction scores of workers who work five 8-hour shifts with workers who work four 10-hour shifts. which of the following types of design has the manager employed?
Design of a non-equivalent control group She contrasts the satisfaction levels of employees who work four 8-hour work shifts and those who worked five 8-hour shifts.
What is meant by comparison?comparing something or somethings: the portrayal of one item or person as being similar to or similar to another His poetry draws comparison to Robert Frost's poetry: an analysis of two or more things to find similarities and differences
What word type is compare?Comparable is an adjective, comparison is a noun, and compare is a verb.
See which of the two is less expensive by comparing them. She put the two things side by side. The costs of the two things are comparable.
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Design of a non-equivalent control group She contrasts the satisfaction levels of employees who work four 8-hour work shifts and those who worked five 8-hour shifts.
What is meant by comparison?Comparing something or somethings: the portrayal of one item or person as being similar to or similar to another, his poetry draws comparison to Robert Frost's poetry: an analysis of two or more things to find similarities and differences
What word type is compare?Comparable is an adjective, comparison is a noun, and compare is a verb.
See which of the two is less expensive by comparing them. She put the two things side by side. The costs of the two things are comparable.
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days' sales uncollected is a measure of how a company collects accounts receivables computed by dividing the current balance of receivables by the annual credit (or net) sales and then multiplying by 365
Days' sales uncollected is a measure of how a company collects accounts receivables computed by dividing the current balance of receivables by the annual credit (or net) sales and then multiplying by 365. This statement is true.
A liquidity ratio called Days' Sales Uncollected can be used to estimate how long it will take to recover receivables. This data is used by creditors and lenders to evaluate a company's short-term liquidity.
It can also be used by management to evaluate the effectiveness of its credit and collection efforts. A statistic that is unusually high in comparison to the typical number of days to pay points to either lax credit policies or ineffective collection operations.
It might also be linked to a financial crisis that reduces consumers' purchasing power. The days' sales uncollected data raises a variety of issues that need to be taken into consideration.
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suppose the united states wants to open its trade borders to the world market for coffee. which of the following will determine whether the world price for coffee is affected?
If the united states wants to open its trade borders to the world market for coffee, the following factors will determine whether the world price for coffee is affected
The number of U.S. suppliers that produce coffee.The number of U.S. consumers that buy coffee.What is meant by world price?A good or service's "world price" is the cost in any nation other than one's own. It has an impact on global trade, and typically, nations import goods where local prices are higher than global prices and export goods where local prices are lower than global prices.
The sum of money supplied or established as payment in exchange for the sale of a specific item. B: the quantity of one product sought in a barter or sale in return for another. 2: the price paid to gain something. a cost for a product or service in all nations besides one's own. International trade is influenced by market prices.
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A news headline reads, "Time for change: let free market forces determine the money supply." Which statement offers a valid claim in direct support of this headline?
Congress affects the economy through fiscal policy; controlling the money supply is unnecessary.
Congress should lose its role in fiscal policy; it often fails to influence the money supply.
The Fed is just as important as Congress, as monetary policy works differently in the economy.
The Fed should be controlled by Congress, and monetary policy should be publicly voted upon.
The statement "Congress should lose its role in fiscal policy; it often fails to influence the money supply" offers a valid claim in direct support of the headline "Time for change: let free market forces determine the money supply."
What are market forces?
Market forces refer to the complex interactions between buyers and sellers in a market, which determine the prices and quantities of goods and services that are traded. These forces include supply and demand, as well as other factors such as competition, the cost of production, and the availability of substitutes.
The headline suggests that the current system of having Congress and the Federal Reserve (the Fed) control the money supply is not effective, and that allowing free market forces to determine the money supply might be a better approach. The statement supports this idea by arguing that Congress has not been successful in influencing the money supply, and therefore should not have a role in fiscal policy.
It's worth noting that the other statements do not directly support the headline. The first statement (Congress affects the economy through fiscal policy; controlling the money supply is unnecessary) does not address the headline's suggestion that free market forces should determine the money supply. The third statement (The Fed is just as important as Congress, as monetary policy works differently in the economy) does not address the issue of whether free market forces should be allowed to determine the money supply. The fourth statement (The Fed should be controlled by Congress, and monetary policy should be publicly voted upon) suggests a different approach to determining the money supply, rather than letting free market forces determine it.
Hence, the 2nd statement offers a valid claim on the statement, "Time for change: let free market forces determine the money supply."
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red co.'s beginning common stock balance was $110,000 and their ending common stock balance was $125,000. this will be reported as in the statement of cash flows. multiple choice question. a decrease of $15,000 in the financing activities section an increase of $15,000 in the financing activities section an increase of $15,000 in the investing activities section a decrease of $15,000 in the investing activities section
The record in statement of cash flow will be an increase of $15000 in the financing activities section.
Rise in the common stock capital in the current year
Beginning balance 110,000
Ending balance 125000
Addition issue of common stock 15000
Cash flow statement- A cash flow statement lists all of the cash and cash equivalents that come into and go out of a business. A company's cash management, especially how successfully it earns cash, is highlighted by the CFS. The balance sheet and income statement are enhanced by this financial statement.
By monitoring an organization's cash flow, a cash flow statement is a crucial tool for managing finances. This report is one of the three crucial ones that determine a company's performance, together with the income statement and the balance sheet.
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fill in the blank question. a company repaid a long-term debt during the year. they will report this as an (increase/decrease) in the activities section on the statement of cash flows.
A company repaid a long-term debt during the year. they will report this as an increase in the activities section on the statement of cash flows.
A cash flow is a physical or fictitious movement of funds; in its strictest sense, it refers to a payment (in a currency), especially from one central bank account to another; the term "cash flow" is typically used to refer to payments that are anticipated to occur in the future, are therefore uncertain, and as a result, need to be forecast with cash flows; a cash flow is determined by its time t, nominal amount N, currency CCY, and account it is common to use the term "cash flow" in a broader meaning to describe (symbolic) payments into or out of a company, project, or financial product. Value, interest rate, and liquidity are only loosely correlated with cash flows.
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in order to manage their resources effectively, business must have clear organizational structures in place. True/False/No Answer provided
The given statement "In order to manage their resources effectively, business must have clear organizational structures in place." is TRUE.
The efficient planning of projects benefits from having a clear organizational structure. Project managers can quickly establish the human resources they have at their disposal; if they are insufficient, they may decide which departments and people are appropriate for help and who to approach to get that support.
There are four types of organizational structures, they are as follows:
1. functional: In a functional structure, specialists are used to group workers who do related jobs. As a result, the finance department is home to all the accountants, and the same is true for the marketing, operations, senior management, and human resources departments.
2. divisional: In a divisional structure, your business divides employees into teams according to the goods or tasks that are needed to satisfy a particular kind of client.
3. matrix: It is more difficult since a matrix structure includes components from the functional and divisional models. People are first organized into functional departments of specialization, after which they are further divided into divisional projects and products.
The team members on a matrix structure are allowed more freedom and are expected to assume greater accountability for their job. As a result, the team is more productive.
4. flat: The traditional top-down management style used by the majority of businesses is intended to be disrupted by flat organizational structures. Because of decentralized management, there is no permanent "boss." Each employee is in charge of their own destiny, which reduces formality and red tape while enhancing open communication.
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When a service desk is run as a(n) ____ center, management's main objective is to minimize and eliminate expenses so that profits will be as high as possible.
When a service desk is run as a cost centre, management's main objective is to minimize and eliminate expenses so that profits will be as high as possible.
What is cost centre?
A department or function inside a business that does not directly contribute to profit but nonetheless incurs operating expenses is referred to as a cost centre. Contrary to profit centres, which do so directly through their operations, cost centres only indirectly influence a company's profitability.
How is cost centre determined?
The cost centre is determined by dividing the overall cost of an enterprise by the volume of its output. This indicator can be used to gauge a company's effectiveness and pinpoint areas where expenses can be cut.
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Which of the following are true of the environmental laws enacted in the United States during the 1970s? (Check all that apply.)
To try to stop the extinction of species or the contamination of the environment, they developed regulatory norms is true of the environmental laws enacted in the United States during the 1970s.
How did the environment change in the 1970s?
The United States had a Clean Air Act and an Environmental Protection Agency by the end of 1970. In the ensuing years, significant legislation was passed to safeguard drinking water, clean up rivers and lakes, and restrict trash disposal. Early in the 1970s, an eco-infrastructure independent of the government was also built. They created guidelines that transferred the onus of proof from those who would be harmed to those who would actually do the harm.
What were the 1970s' main environmental worries?
With serious debate over how to effectively control pollution and the impact that pollution was having on the environment as a whole, whether it was nuclear, chemical, or altogether something else, environmentalism became one of the most important societal issues of the 1970s.
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If Scott earns a 12 percent after-tax rate of return, $15.000 today would be worth how much to Scott in two years? Use future value of $1.(Round discount factor(s) to flve declmal places.) 9 Multple Choice $15,000. $11,955 $18,520 $18,816, None of the cholces are correct.
The answer is (d), implying that in two years, $15,000 would be worth to Scott if he receives an after-tax return of 12 percent.
$18,816.
$15,000 × (1.12)2 = $18,816 or $15,000 × 1.25440 = $18,816.
What is the method used to determine future value?
Future value represents current value times the interest rate plus one. In quantitative language, the formula is written as follows: FV=PV I + 1)n The number of interest-compounding periods that will take during the time you are calculating for is indicated by the superscript n in this formula.
The number of investment periods that will take during the time you are calculating for is indicated by the superscript n in this formula.
greater rate of return after taxes. the advantages of income deferral are increased
You require the following formula to determine the current value of any cash flow: Present value is equal to Anticipated Cash Flow times (1 plus Interest Amount). amount of time. thus for the initial year
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If the MPC is 3/5 then the multiplier is a. 4, so a $100 increase in government spending increases aggregate demand by $400. b. 1.5, so a $100 increase in government spending increases output by $150. c. 2.5, so a $100 increase in government spending increases aggregate demand by $250. d. 1.67, so a $100 increase in government spending increases output by $166.67.
If the MPC is 3/5 then the multiplier is a. 4, so 2.5, so a $100 increase in government spending increases aggregate demand by $250.
Option C is correct.
Calculating the problem:Marginal propensity to consume (MPC) = 3/5
= 0.6
Multiplier = 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.6)
= 1 ÷ 0.4
= 2.5
Hence, if there is an increase in the government spending by $100, then, Aggregate demand increases by:
= Change in Government spending × Multiplier
=$100 × 2.5
= $250
What does MPC do?
The Marginal Propensity to Consume (MPC) measures how much more a person spends for each dollar his income increases. MPC is calculated as the ratio of marginal consumption to marginal income. In economics, the marginal propensity to consume is a measure that quantifies induced consumption, the concept that an increase in personal consumption expenditure corresponds to an increase in disposable income.
Why is the MPC important for the economy?MPC is important because it provides useful insight into the impact of income on purchasing behavior. It helps economists and other professionals learn more about the relationship between personal income and spending that can influence economic policy.
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which of the following statements is a standard applicable to financial statement audits in accordance with government auditing standards (the yellow book)?
The scope of an auditor's testing of compliance with laws and regulations should be reported by the auditor.
What are the standards in the Yellow Book?It explains the requirements for audit reports, the professional qualifications required of auditors, and the quality control procedures for audit organizations. These standards are used by program auditors for the federal, state, and local governments to carry out their audits and write reports.
Which guidelines apply to audits of government agencies?Standards for Government Auditing. OMB Circular A-128, Audits of State and Local Governments, and the Single Audit Act of 1984. Audits of Higher Education and Other Nonprofit Institutions, OMB Circular A-133.
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_____ is a process manufacturing layout is frequently used in operations that serve different customers' different needs.
Process layout is a process manufacturing layout that is frequently used in operations that serve different customers' different needs.
What is Process Layout?Process layout is one type of layout that exists in manufacturing companies that are made to increase productivity and reduce production costs in the company. Therefore, this process layout will arrange the existing machines in the company so that they have an effective and efficient production flow. The organization of companies that use this process layout focuses on the function of each machine in the company. In addition, this layout is also usually used by companies that make several products where each product has a different and specific function to meet consumer needs.
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to determine whether an investment has a positive npv, you can compare the expected return on that new investment to what the financial market offers on an investment with .
To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning.
The difference between the current value of cash inflows and withdrawals over a period of time is known as net present value (NPV).
To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning. Using the appropriate discount rate, computations are performed to determine the current value of a stream of future payments, or NPV. Projects that have a positive NPV are generally worthwhile pursuing, whereas those that have a negative NPV are not.
The current value of a stream of payments from a business, project, or investment is determined using net present value (NPV). You must forecast the timing and volume of future cash flows, as well as choose a target.
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Dean Builders agrees to purchase all of its sump pump requirements for the new houses it builds from Satisfactory Sump Pump, Inc. These two business have had similar agreements the last three years, and Dean's requirements have averaged 100 sump pumps per year. This year there was an unusually wet spring and Dean's requirements doubled to 200 sump pumps. Because of the high demand for sump pumps, the market price of the pumps triples. Satisfactory Sump Pump, Inc. delivers 100 pumps at $75, the contract price. Satisfactory has exhausted its inventory and cannot deliver any more, so Dean buys the other 100 pumps from other suppliers at $225 each. Dean sues Satisfactory Sump Pump, Inc. for the additional expense. What is the most likely result?
According to the question; Satisfactory Sump Pump, Inc. wins; requirements contracts are governed by a good faith standard, and it was unreasonable for Dean to demand so many additional pumps.
What does contract mean?The contract is defined as a promise enforceable by law. The promise may be to do something or to separate from doing something. The making of a contract wants the mutual permission of two or more persons, one of them usually making a proposal and another accepting.
According to the question; Satisfactory Sump Pump, Inc. wins; requirements contracts are governed by a good faith standard, and it was unreasonable for Dean to demand so many additional pumps.
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Holes Inc. begins digging a foundation at a construction site for Investment Company under a contract for a certain price. After six months, Holes demands a higher price because of extraordinary difficulties that were totally unforeseen at the time the contract was formed. An agreement to pay the higher price is
a. unenforceable as an illusory promise.
b. unenforceable due to the preexisting duty rule.
c. enforceable due to unforeseen difficulties.
d.enforceable as the consideration is past.
An agreement to pay the higher price is enforceable due to unforeseen difficulties.
Where there are unforseeable difficulties and the contracts needs to be modified because of these unforseeable difficulties during the coourse of the performance of the project, such modifications are enforceable.
Contracts with provisions that conflict with state or federal law are immediately void. For instance, it would be deemed unenforceable if an employer had an employee sign a document that forbade taking sick time.
If an agreement cannot be enforced in its original form, it may be ruled invalid. Such agreements are invalid contracts (sometimes known as "void agreements") since they are either unlawful in nature or go against fairness or public policy.
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Is a vehicle for communication – carrying merchandising messages. Can isolate and emphasize merchandise to create moods, project attitudes, teach lessons, make announcements, or present fashion statements. By controlling every elements – lighting, props, color, texture, scale, mannequins, forms, signing, and theme – displayers control communication. Is a an integral part of both store image and reputation for fashion leadership – that windows say something tangible and important that differentiates the store and its products from competitors.
Retail Theater
A. is a vehicle for communication carrying merchandising messages.
B. By controlling every element – lighting, props, color, texture, scale, mannequins, forms, signing, and theme – displayers control communication.
Isolate and emphasize merchandise
A. can isolate and emphasize merchandise to create moods, project attitudes, teach lessons, make announcements, or present fashion statements.
B. Is an integral part of both store image and reputation for fashion leadership – that windows say something tangible and important that differentiates the store and its products from competitors.
Who are Competitors?In nature, there is competition between living things that coexist in the same environment. Animals contend with one another for access to food, water, mates, and other biological resources known as competitors. Humans often fight with one another for food and mates, but in environments that are static, repetitious, or unchanging, intense rivalries frequently develop over the pursuit of wealth, power, status, and celebrity. Competition is a fundamental element of market economies and business, frequently associated with it since businesses competitors with one another for the same clients. The main goal of encouraging competition within an organization is often to meet and achieve higher quality services or improved products than the company may generate or develop.
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Question:
Mention which of the given Statements follows for retail theater and Isolate and emphasize merchandise?
Is a vehicle for communication – carrying merchandising messages.
Can isolate and emphasize merchandise to create moods, project attitudes, teach lessons, make announcements, or present fashion statements.
By controlling every element – lighting, props, color, texture, scale, mannequins, forms, signing, and theme – displayers control communication.
Is an integral part of both store image and reputation for fashion leadership – that windows say something tangible and important that differentiates the store and its products from competitors
businesses can save time and travel expenses by remotely accessing instant information through. True or False?
Businesses can save time and travel expenses by remotely accessing instant information. This statement is true.
As with remote access and internet connectivity, the firm's resources become available to them as if they were sitting at their office desk, so they can work securely from anywhere, whether it's an airport lounge or anywhere.
Remote access enables remote users to access files and other system resources on any devices or servers that are connected to the network at any time. This increases employee productivity and enables employees to better collaborate with colleagues around the world even without traveling anywhere. A well-designed remote access strategy allows employees to perform many of their technical duties remotely.
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which of the following is the best reason to purchase life insurance rather than annuities ? a. to create regular income payments b.to liquidate a sum of money over a lifetime c.to create an estate d.to liquidate a sum of money over a period of years
To create an estate is the best reason to purchase life insurance rather than annuities. Hence, option (c) will be the relevant option.
Give a brief account on Life insurance.An insurance policy holder and an insurer or assurer enter into a contract for life insurance (or life assurance, particularly in the Commonwealth of Nations), whereby the insurer agrees to pay a specified beneficiary a certain amount of money in the event that the policy holder passes away (often the policyholder). Depending on the contract, additional occurrences such a critical sickness or terminal disease may potentially result in payment. Regularly or all at once, the policyholder normally pays the premium. The benefits could cover additional costs, such memorial costs.
Life insurance plans are formal contracts, and each one's terms outline the exclusions that apply to the insured occurrences. Common instances include claims connected to fraud, war, riot, and civil unrest. Specific exclusions are frequently included into the contract to limit the insurer's liability. When an occurrence is not clearly defined, problems could occur, for as when the insured knowingly accepted a risk by approving a controversial medical operation or by ingesting a drug that could cause harm or death.
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Answer:
To create an estate
Explanation:
with insurance, the death benefit create an immediate estate. Should the insured die.
Last year, Jane spent all of her income to purchase 200 units of corn at $5 per unit. This year, she spent all of her income to purchase 200 units of corn at $6 per unit. Jane's nominal income decreased this year, and her real income decreased. Both her nominal and real income remained unchanged. Jane's nominal income increased this year, but her real income remained unchanged.Jane's nominal income increased this year, but her real income decreased.
Jane's nominal income increased this year, but her real income remained unchanged. (third option)
What is real income and nominal income?Income is the monetary compensation that is received by a worker for services rendered.
Nominal income is the income of a person that is calculated using current year prices.
Nominal income of Jane last year = units of corn bought x price per unit 200 x $5 = $1000
Nominal income of Jane this year = units of corn bought x price per unit
$200 x $6 = $1200
Change in nominal income = $1200 - 1000 = $200
Nominal income increased by $200.
Real income is the earnings of a person that has being adjusted for inflation. Real income is measured in terms of the purchasing power of the income. Jane's income last year and this year is still buying the same units of corn. This means that the real income has remained unchanged.
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The product structure for Item X specifies the required number of units for each constituent part within parentheses. (Note that 4 units of part C are required for X and one unit of part C by B.) The lead times for manufacturing any number of the following components given the the following table: Part Lead Time (in weeks) B 2 C 2 D 2 H 2 K 3 M 2 N 3 X 2 Z 3 There is no inventory on hand and the order for Item X is to be shipped at the beginning of week 11. In what week will manufacture of part K start?
In the 9th week will manufacture of part K start
The term manufacture refers the production of goods through the use of labor, machinery, tools and biological or chemical processing or formulation.
Here we have given that The product structure for Item X specifies the required number of units for each constituent part within parentheses.
And we need to find the number of week will manufacture of part K start
Here from the given question, here we can see that to produces the following 1 unit of P requires 4 units of A and 2 units of B is written as,
=> P(1) = A(4) + B(2)
And for 1 unit of B require 1 unit of C & 3 units of D is written as,
=> B(1) = C(1) + D(3)
And then 1 unit of D requires 2 units of A is written as,
=> D(1) = A(2)
Here from all the above equations, now we can say that, here at Level 2: 3 units of D need 6 units of A at level 1, we know that 2 unit of B needs 12 units of A
Therefore, 1 unit of P needs: (4 + 12) unit of A P(1) = A(16) 10 unit of P will requires,
=> 10 × 16 = 160
Here we know that unit of A Inventory given of component A = 70 units.
Then the Total unit of A required = 160 - 70 unit = 90 unit
Time take is calculated as,
=> 90/10 = 9
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When groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called:
Bonus
Profit sharing
Gain sharing
Stock options
When groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called Profit sharing.
Employees who participate in profit sharing programs are given the opportunity to split corporate profits at the end of the fiscal year. The more money the company makes, the more it can pay its staff. Employees are given the opportunity to share in the company's profits through a retirement program called a profit-sharing plan. Under this type of plan, also known as a deferred profit-sharing plan (DPSP), an employee receives a percentage of a company's profits based on its quarterly or annual results. In lieu of cash, employers might give stock pay to their employees. Utilizing stock or stock options allows for this. There is frequently a vesting period before an employee can receive and sell their stock compensation.
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You have been asked by the audit partner to draft a letter to the client on internal control related matters. You were informed that the written communication regarding significant deficiencies and material weaknesses indentified during an audit of financial statements should include certain statements.
For each of the significant deficiencies and material weaknesses reflected in the table below, double-click on each of the associated shaded cells and select from the list provided the appropriate disposition of each statement in regard to the letter to the client on internal control related matters. Each selection may be used once, more than once, or not at all.
Included, Excluded, Included but only with client management's approval
Communicated orally with no need to document the communication
Internal controls
1. State that the purpose of the audit was to express an opinion on the financial statements, and to express an opinion on the effectiveness of the entity's internal control over financial reporting.
2. Identify, if applicable, items that are considered to be material weaknesses.
3. State that the author is not expressing an opinion on the effectiveness of internal control.
4. Include the definition of the term significant deficiency.
5. Include the definition of the term material weakness, where relevant.
6. State that the author is expressing an unqualified opinion on the effectiveness of internal control.
7. State that the communication is intended solely for management and external parties.
8. Identify the matters that are considered to be significant deficiencies.
Internal communication is the method through which information moves up, down, and throughout the whole organization. It is beneficial for personnel to hear from high management that control requirements must be taken seriously.
What is Internal communication ?Information about the business is shared internally to help workers do their jobs successfully. People are kept informed by it. The goal of internal Within a company, communication is intended to facilitate the effective flow of information between employees and departments. This is valid for employees and management at all levels. Additionally, it works among employees who are conversing with each other at the work. Effective internal communication fosters organizational culture and raises employee engagement.
An internal communication strategy acts as a road map for inspiring workers to take action by disseminating knowledge. The strategy promotes improved teamwork since it is explicit about its objectives. The precise efforts and actions required to accomplish your company goals should be identified in the tactics. These techniques should be delivered through technology or a means that is appropriate for the target audience, such as connecting through Slack to receive real-time project updates.
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see sonic marketing plan example in the appendix of the text a1, also see plan description on pg 55 of the text. executive summary situation analysis market summary (demographics, needs, trends, growth) swot competition product offerings distribution marketing strategy mission/objectives (marketing and financial) target markets positioning strategies marketing mix/program marketing research financials break-even analysis sales forecast expense forecast controls implementation marketing organization contingency planning
The marketing plan documents how the association's essential targets will be accomplished through unambiguous advertising methodologies and strategies, with the client as the beginning stage.
What is the executive summary?
An executive summary is a short segment of a bigger record like a marketable strategy, venture proposition, or undertaking proposition. It's for the most part used to give financial backers and partners a fast outline of significant data about a field-tested strategy like the organization depiction, market investigation, and monetary data.
A chief synopsis is a short outline of your organization that is situated toward the start of your marketable strategy and on the 'About us page of your site. A part catches perusers' eye and sums up basic data with respect to your organization and your impending present moment and long haul objectives.
The marketing plan documents how the association's essential targets will be accomplished through unambiguous advertising methodologies and strategies, with the client as the beginning stage.
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Place in order the events that take place in the long run, in a perfectly competitive market, when quantity supplied is greater than quantity demanded. Start by placing first item in the sequence a) Equilibrium is reached, where quantity supplied equals quantity demanded. b) Lowered price means negative economic profits. c) Negative profits are a signal to some firms to exit the market. d) As some firms exit, quantity supplied drops. e) Market surplus causes a drop in price
e) Market surplus causes a drop in price. b) Lowered price means negative economic profits. d) As some firms exit, quantity supplied drops. a) Equilibrium is reached, where quantity supplied equals quantity demanded. c) Negative profits are a signal to some firms to exit the market in order the events that take place in the long run.
What happens in the long run in a perfectly competitive market?Businesses can only make money or lose money in a market that is perfectly competitive in the near term. Profits and losses are ultimately eliminated because an endless number of businesses produce uniform, infinitely divisible items.
When marginal cost equals price, a firm is in perfect competition equilibrium. However, in addition to marginal cost and price being equal, the price must also be equal to average cost for the firm to be in long-run equilibrium.
an increase in the representative firm's costs and overall earnings that spurs the entry of new businesses.
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ann chovies, owner of the perfect pasta pizza parlor, uses 30 pounds of pepperoni each day in preparing pizzas. ann works only 100 days per year so she needs to buy a total of 3,000 pounds of pepperoni for the year. order costs for pepperoni are $100 per order, and carrying costs are $.25 per pound per year. ann has a hurdle rate of 12%, and the pepperoni that ann buys from her supplier costs $5 per pound. 7. What is the EOQ for pepperoni (rounded to the nearest whole number)?
a. 740 pounds.
b. 840 pounds.
c. 940 pounds.
d. 640 pounds.
8. What is the total relevant cost (ordering cost + carrying cost) for the year (rounded to the
nearest dollar) at an order size equal to 500 pounds?
a. $512
b. $712
c. $612
d. $812
The EOQ for pepperoni rounded to the nearest whole number is 940 pounds.
Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity that minimizes the total storage and ordering costs in inventory management. He is one of the oldest classic production planning models.
Economic Order Quantity (EOQ) is a calculation that describes the ideal order size for a business to meet demand without overspending. The inventory manager calculates her EOQ to minimize warehousing costs and excess inventory.
The EOQ formula is: EOQ = [(2 x Demand x Order Cost) / Inventory Cost] Square root of demand. According to the EOQ assumption, demand remains constant. Demand indicates how much inventory is consumed in a year or how many units are sold in a year.
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