One of the less prevalent categories of responsibility centers is the revenue center. A responsibility center is a functional organization within a company with distinct goals and personnel.
An accountability center is what?
An operational unit or entity inside an organization that is in charge of all the duties and activities planned for that unit is known as a responsibility center. These facilities have their own aims, staff, goals, policies, and financial reports.
What types of responsibility centers are there?
A responsibility center may be a profit center, an investment center, a cost center, or any type of administrative center determined by the company. A sales office, a buying department with many sites, and a plant planning office are a few examples of responsibility centers.
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g the firm's gain in profit from hiring another worker is the reduction in costs from hiring another worker. the extra output of the extra worker. the marginal revenue product of the extra worker. the difference between marginal revenue product and the wage of the worker.
The difference between the marginal profit product and the employee's wage is the increase in profit that the company makes by adding one more employee.
Define profit.The remaining money after paying the business expenses is your profit. Gross profit, operating profit, and net profit are the three main profit types. The biggest profit is gross profit. The remaining balance after paying for the products and services sold will be displayed.
The Marginal Profit Productivity Theory of Wages is a model for setting the wage level so that it corresponds to the marginal return product of labor, that is, the Ad-style MRP. Wages are the form of monetary compensation for employees.
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compared to financial accounting reports, management accounting reports might include information about:
The information created through financial accounting is entirely historical; financial statements contain data for a defined period of time. Managerial accounting looks at past performance and creates business forecasts.
Two of the four biggest branches of accounting are financial accounting and managerial accounting (e.g. tax accounting and auditing are others). The financial and managerial approaches to accounting are very different, despite numerous parallels in method and application. These variations mostly relate to target audiences, accounting standards, and compliance.
Identification, measurement, analysis, interpretation, and communication of financial information to managers for the pursuit of an organization's objectives are all part of managerial accounting.
Financial accounting entails documenting, compiling, and disclosing to the public or regulators the flow of transactions and economic activity resulting from business operations through time.
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________ is to aggression as ________ is to cooperation.
Dehumanization is to aggression as empathy is to cooperation.
What is the cooperation?Coporation can be described as the the actions of someone who is being helpful by doing what is wanted or asked for it should be noted that one can ask for your full cooperation and it is an association of persons for common benefit.
In conclusion, Empathy can be described as the capacity to understand or feel what another person is experiencing from within their frame of reference.
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A paid tax preparer must demonstrate due diligence. Review the following scenario, and then choose the appropriate response. Rosie morales (58) comes in to your office to have her tax return prepared. She states that she wants to use the head of household filing status and claim the earned income credit (eic). She also tells you that her dependent child is her granddaughter, angela (12), who currently lives with her. All of the following are appropriate questions to ask rosie with the exception of: how long has angela has lived with you? where do angela's parents live? are all of angela's belongings in your house? can anyone else claim angela as a dependent?
Note that where Rosie morales comes into ones office to have her tax return prepared and she states that she wants to use the head of household filing status and claim the earned income credit (EIC).
If she also tells you that her dependent child is her granddaughter, Angela, who currently lives with her note that all of the following are appropriate questions to ask Rosie with the exception of: "Where do Angela's parents live?" (Option B)
Why is the above question irrelevant?The above question is irrelevant because it is not material to Rosie being able to get a tax return.
How long Anglea has lived with Rosie will tell the IRS how much weight in terms of the responsibility as the Head of the Household she is carrying."Are all her belongings in your house" can be used to establish if there is another person to whom Angela is responsible to what proportion of dependence of Angela Rosie is carrying.The last question bears the same logic with the one before. It tells the IRS if there is any other person who may share in the returns being claim by being responsible for Angela.Learn more about Tax Return:
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hedge funds that change strategies and types of securities invested and also vary the proportions of assets invested in particular market sectors according to the fund manager's outlook are called .
Correct answer is Multi-strategy hedge funds- are the most various portfolios in the hedge fund universe. Multi-strategies mix extraordinary single hedge fund strategies in one portfolio and differentiate considerably from each other.
Most often, such portfolios consist of a range of long-short, relative price and event-driven strategies.
How do multi supervisor hedge dollars work?Multi-PM hedge funds, hedge fund platforms, or Multi-Manager Platforms (“Multi-PM” or “MMPs”) are funding organizations that appoint many specialized hedge fund managers and strategies, together working as one entity, where character units have discrete P&L responsibilities.
Why use multi-manager funds?Multi-manager dollars are designed to supply necessary benefits to both investors and advisors: A Smoother Ride: Because they are various across managers with complementary styles, multi-manager dollars provide higher conceivable for extra consistent, chance sensitive, long-term performance.
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https://brainly.com/question/29738325#SPJ4true or false: the audit work for capital stock is usually far less than that required for assets, liabilities, revenue, or expense
False- the audit work for the capital stock is usually far less than that required for assets, liabilities, revenue, or expense.
AuditAn audit is an assessment of a company's financial accounts. Audits are performed to provide investors and other stakeholders trust in a company's financial reports. Audits can offer authorities with assurance that a firm is following all applicable legal and regulatory requirements. Auditors see and recognize the propositions presented to them for inspection, gather evidence, assess it, and make an opinion based on their judgment, which they transmit through their auditing report. Any subject matter may be audited.
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an increase in a current asset account, other than cash, results in an addition in calculating operating cash flows.
This statement is False, an increase in a current asset account, other than cash, results in addition to calculating operating cash flows.
A cash flow is a real or digital movement of money: A cash flow in its slender experience is a payment (in foreign money), specifically from one critical financial institution account to any other; the term 'cash flow is commonly used to describe payments that can be anticipated to take place within the destiny, are consequently unsure and consequently want to be forecast with cash flows. A cash flow is decided through its time t, nominal quantity N, forex CCY, and account A; symbolically CF = CF (t, N, CCY, A).
it's far however famous to use cash flow in a much less designated sense describing (symbolic) bills into or out of a business, assignment, or economic product. Cash flows are narrowly interconnected with the principles of value, interest price, and liquidity. A cash flow that shall manifest on a future day tN can be converted right into a cash flow of the same value in t0.
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All of the following factors would cause a shift in the IS curve EXCEPT:
A change in consumption.
A change in taxes.
A change in government spending.
A change in interest rates.
All of the following factors would cause a shift in the IS curve EXCEPT: A change in interest rates.
What influences the shift in the IS curve?New natural resource discoveries (which raise I), shifts in consumer tastes (at home or abroad, which affect NX), and various other "shocks," both good and negative, will impact production at each interest rate, or, to put it another way, will change the IS curve as a whole.
When equilibrium output varies at a specific real interest rate, the IS curve shifts. Autonomous consumption, investment, net exports, taxation, and government purchases are the moving factors.
A change in price can only result in movement along the AD curve, not a shift, because price is a variable on the vertical axis.
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true or false: preference decisions are made to prioritize and select from capital budgeting alternatives.
Preference decisions are made to prioritize and select from capital budgeting alternatives is TRUE.
Capital Budgeting Decision happens when a company is contemplating a significant investment to support its own growth. There are 2 kinds of capital budgeting decisions:
Screening decisionsPreferences decisionsScreening capital budget decision happens when a company determine if a proposed investment meets certain requirements. Those requirements taken into consideration could be related to the investment's payback period, cost-benefit analysis, internal rate of return, and accounting rate of return. When a proposed investment is failed to meet the certain requirement, a company could directly decide to reject the investment. Screening decision is taked to see if the proposed investment is worth the company's time and money.
After the proposed investment passed the screening decisions and is shown to be advantageous, a company might do preferrence capital budgeting decision. Preference decisions allows a company to compare several alternative proposed investments that already met their screening criteria and ranks them in order of desirability. The company may choose the investment which best meets company goals.
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investors tend to decrease required rates of return over time for projects with longer lives.
True It depends upon investor A risk-averse investor tends to undervalue the rate of return on a project than a risk-neutral investor.
An investor who is risk averse would rather have lower returns with known risks than higher returns with unknown risks. To put it another way, risk averse investor always chooses the investment with the lowest interest rate out of a variety of options offering the same return but varying degrees of risk.
Risks are avoided by a risk-averse investor. He or she avoids investments with high risks and favors investments with a guaranteed return. These risk averse Investors enjoy investing in index funds, debentures, and government bonds.
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product-related competitive priorities are typically categorized based on timeliness, quality and cost. the ability of a supplier to consistently deliver on time addresses which category of product related competitive priorities? (refer to chapter 2) group of answer choices quality timeliness cost none of the above
The strategic plan is the most in-depth and the most confined of a three levels of plan because it must work within a set of choices established in the corporation and Sub - unit strategic plans.
How do operational priorities connect to competitive priorities?There are five fundamental competitive priorities in strategy. Those are Cost: offering goods at a reduced price. Quality Producing goods of superior quality. Delivery: The prompt provision of goods. Flexibility offering a broad range of items Service: The methods used to distribute and support products.
What does a cost-competitive priority mean?Cost reduction is typically prioritized over quality and timeliness when there is a competitive pressure to do so. Depending on the type of goods, different expenses may vary in how significant to customers.
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since property taxes are paid in arrears, the buyer will be responsible for paying them after closing. suppose that the closing date on the home for sale is february 28th of a leap year (e.g., 2012, 2016, etc.). how many calendar days would the seller be responsible for when calculating his/her share of the property tax owed for the year in which the home was sold?
If the seller does not repay the loan after the buyer accepts title pursuant to the mortgage, the lender may foreclose on the home and sell it.
Texas closing costs are covered by who?When it's time to pay the property taxes at the end of the fiscal year, the Texas taxing authorities will only accept payment from one organization. Therefore, whether you sell or purchase a home, the property taxes will be prorated at closing to ensure that each party pays their fair amount of the year's taxes.
What does "arrears in property tax" mean?Arrears is a phrase used in finance to describe how payments are progressing toward their due date. The phrase is typically used for describing a debt or obligation that was not settled before the deadline.
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the evidence from hyperinflations indicates that money growth and inflation are positively related, which is consistent with the quantity theory of money true or falase
The answer to this question is true. Rapid, excessive, and out-of-control general price increases in an economy are referred to as hyperinflation.
What is hyperinflation?When there is a considerable increase in the money supply without accompanying economic expansion, hyperinflation frequently results.
Governments frequently increase the amount of money in circulation to fund budget deficits, stimulate the domestic economy, or both. The real worth of the currency falls as more is made available, and prices rise.
As the relative value of the local currency falls in relation to other currencies due to hyperinflation, it swiftly loses value in foreign exchange markets.
Holders of the home currency will be compelled by this situation to reduce their holdings and switch to more stable foreign currencies.
The Zimbabwean dollar was replaced by a foreign currency as a medium of exchange as a result of the out-of-control hyperinflation in that country.
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when determining the top most valuable global brand in 2018, three criteria were used: (1) the financial performance of the branded product, (2) the ability of the brand to draw a premium price or significantly impact the company's profits, and (3) the
The part the brand plays in swaying consumer opinion.
Define a global brand.Global branding is the management of a brand across areas where it competes with the aim of increasing its strength and awareness. International or global branding are two terms that have been used to describe this strategy.
When a brand adjusts to the preferences of consumers in a particular nation or region, it succeeds more widely. Global brands modify their marketing strategies to incorporate the language of the target audience as well as significant imagery and pictures that reflect the audience's geography and demographics. Use global branding to increase your brand's recognition among people from different countries and cultural backgrounds.
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In the second phase of construction, there is a horizontal plan for expansion, and when the time is right, additional operating rooms will be opened. How many ORs will this space accommodate?
In the second phase of construction, there is a horizontal plan for expansion, and when the time is right, additional operating rooms will be opened. This space will accommodate 6 ORs.
What is growth of horizontal integration?
A business approach known as "horizontal integration" involves one company expanding its operations within a certain industry at the same rate. Horizontal integrations assist businesses in increasing their size and revenue, entering new markets, diversifying their product lines, and lowering competition.
What distinguishes vertical expansion from horizontal expansion?
When a business expands by acquiring a rival firm in a related industry at the same point in the supply chain, this process is known as horizontal integration. Vertical integration is the process through which a company grows by purchasing a firm that comes before or after it in the supply chain.
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peri, age 63 and single, earned a $260,000 salary (agi) as a university professor. peri does not participate in the university's qualified retirement plan. which of the following is true? multiple choice peri can make a $7,000 deductible contribution to a traditional ira. peri cannot make an ira contribution. peri can make a $7,000 deductible contribution to a roth ira. peri can make a $7,000 nondeductible contribution to a roth ira.
Peri here cannot make an IRA contribution with her case,
Individual retirement accounts (IRAs) are long-term savings accounts that people with earned income can use to invest for the future and benefit from specific tax benefits.
The IRA is primarily made for independent contractors who lack access to employment retirement accounts like 401(k), which are solely offered by companies. Each of the three primary IRA kinds has distinct benefits:
Traditional IRA: Contributions are made with funds you might be able to deduct on your tax return, and any earnings may grow tax-deferred until withdrawals are made in retirement. Roth IRA: You can contribute money that has already been taxed. Rollover IRA: You make contributions to this classic IRA by "rolling over" money from a qualifying retirement plan.
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Which of the following items is NOT included in federal gross income?
a. Salary income.
b. Federal income tax refunds.
c. Interest from a checking account.
d. Dividend income reported on Form 1099-DIV.
Refunds of federal income taxes are not included in federal gross income.
What does federal income tax entail?
The Internal Revenue Service (IRS) imposes the federal income tax in the United States on the annual profits of people, businesses, trusts, and other legal entities.
All sources of income that contribute to a taxpayer's taxable income, such as wages, salaries, commissions, bonuses, tips, investment income, and certain categories of unearned income, are subject to federal income taxes. Individual federal income tax rates in the US are progressive, which means that they rise in proportion to taxable income.
Federal income tax rates range from 10% to 37%, and they become effective at a certain level of income. Tax brackets are the ranges of income to which the rates are applied. Each tax bracket has a different rate of taxation that applies to certain types of income.
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Which of these statements is NOT required in order for the EOQ model to be a reasonable approach?
a.
No constraints are placed on the size of each lot
b.
The demand rate is known and constant
c.
The setup/ordering cost must exceed the annual holding cost of one unit
d.
The lead time is known and constant
The EOQ model must be more expensive than the annual holding cost of one unit of these assertions, although this is not necessary for it to be a sensible strategy.
The economic order quantity is the ideal order quantity that a company should place to minimize its inventory expenditures, including holding costs, shortage costs, and order fees. To use EOQ, inventory management, or the control of ordering, storing, and using a company's inventory, is necessary. In order to reduce the overall cost of its stock, inventory management is tasked with determining how many units a company should add to its stock with each batch order. The goal of the EOQ model is to guarantee that the right amount of inventory is ordered per batch so that a business does not need to place orders too frequently or have an excess of inventory on hand.
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economic value added (eva) is a means of evaluating corporate performance. true false question. true false
Economic Value Added (EVA)is a mean of evaluating corporate performance --- True
EVA measures the performance of a company and its management based on the idea that a company can only make a profit if it creates wealth and returns to its shareholders. will be required. EVA as a performance indicator is very useful.
What is the performance of EVA?Economic value added (EVA) is a measure of a company's economic performance based on what is added to the company's value by its operating income (excluding taxes) less the company's "cost of capital". The EVA concept was introduced by his management consulting firm Stern Stewart in the 1980s.
Why is EVA with economic value important?EVA is a key indicator of the value your business is creating. This can improve profits generated by lowering capital costs or increasing revenues.
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why is unbound priority inversion such a serious condition? completion of high-priority tasks become unpredictable. high-priority tasks cannot preempt low priority tasks. low-priority tasks will never get a change to run.
(a) completion of high-priority tasks become unpredictable. completion of high-priority tasks become unpredictable, is unbound priority inversion such a serious condition.
inversion is a scheduling scenario in computer science when a high priority work is subtly replaced with a lower priority activity, essentially inverting the tasks' assigned priorities. This goes against the priority paradigm, which states that only lower-priority actions can delay the execution of high-priority tasks. When a medium-priority job preempts a low-priority activity because of resource contention, inversion takes place. When a low priority job immediately preempts a high priority task, it is known as priority inversion. For instance, the high priority process must wait for the low priority task to release a mutex in order to continue running.
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dunn co.'s 20x5 income statement reported $90,000 income before provision for income taxes. to compute the provision for federal income taxes, the following 20x5 data are provided: rent received in advance $16,000 income from exempt municipal bonds 20,000 depreciation deducted for income tax purposes in excess of depreciation reported for financial-statement purposes 10,000 enacted corporate income tax rate 30% if the alternative minimum tax provisions are ignored, what amount of current federal income tax liability should be reported in dunn's december 31, 20x5 balance sheet?
An amount of $22,800 current federal income tax liability should be reported in Dunn's December 31, 20x5 balance sheet.
Taxes are mandatory contributions levied on individuals or corporations by a central authority entity—whether nearby, regional, or countrywide. Tax sales finance government sports, such as public works and offerings consisting of roads and schools, or applications consisting of Social Safety and Medicare.
It derives from the Latin taxable which means 'to evaluate. earlier than that, English used the associated phrase 'project', derived from old French. For a while, 'project' and 'tax' have been each in no unusual use, the primary requiring labor, the second one money.
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A 71-year-old client calls her registered representative and asks him to wire $10,000 to an offshore account. The rep asks the reason and she responds that she won money in a lottery and this is to pay the taxes. The registered representative is concerned that this might be a case of senior exploitation and should
A)
get the wire instructions and escalate this to his supervisor.
B)
contact the client's trusted contact person on this account and inform them of the request.
C)
wire the money as instructed.
D)
refuse to wire the money.
The registered representative is concerned that this might be a case of senior exploitation and should contact the client's trusted contact person on this account and inform them of the request. Correct option is B.
A 71-year-old client calls her registered representative and asks him to wire $10,000 to an offshore account. The rep asks the reason and she responds that she won money in a lottery and this is to pay the taxes. The registered representative is concerned that this might be a case of senior exploitation and should contact the client's trusted contact person on this account and inform them of the request.
In this case A being a client qualifies as a designated adult since they are 65 years of age or older. As a result, the company have to make an effort to find out who will serve as the account's reliable contact. The registered representative should always get in touch with the contact person if they have any reason to believe something is strange.
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uniform supply accepted a $6,400, 90-day, 6% note from tracy janitorial on october 17. if the note is dishonored, but uniform supply intends to continue collection efforts, what entry should uniform supply make on january 15 of the next year?
Solution: Journal entry for the purpose would be:
Cash A/c. Dr. $6496
Interest Revenue 16
Interest Receivable 96
Note Receivable. $6,400
(Being due amount on note along with the interest collected)
Note:
Total interest on Note= 6400x 6% x90/ 360 days
= $96
Interest accrued in previous year=$96x 2.5/3 =$80
(i.e. represent in entry by way of interest receivable)
Interest income for current period =$(96-80)=$16
What Does Interest Revenue Mean?The income that an organisation receives from whatever investments it makes or on debt it holds is known as interest revenue. A bank's interest income will be $50 million if its portfolio of loans totals $1 billion and earns an average interest rate of 5%. On the liabilities side, the bank's interest expenditure would be $24 million if it had $1.2 billion in outstanding customer deposits generating 2% interest.
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g which type of stocks will likely have the most price movement? stocks with very consistent earnings stocks with frequent changes in managements stocks with a beta greater than 1 stocks with a beta less than 1
Stocks with frequent changes in managements will likely have the most price movement.
How can stock price movement be forecast?This approach to stock price forecasting is based on a straightforward formula. The equation (P/E x EPS = Price) is displayed above. This formula states that if we can anticipate a stock's future P/E and EPS with sufficient accuracy, we will also know that stock's precise future price.
What influences changes in stock prices?When purchasers are pounding on the door for those shares, prices climb. A share's price will decrease in the absence of purchasers. A share price will increase the more purchasers there are to generate demand. This interest is brought on by a number of things, each of which tells investors that this is a share they should be holding.
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when a debtor uses borrowed money from the secured party to buy the collateral, a(n) interest is formed.
When a debtor uses borrowed money from the secured party to buy the collateral, a purchase money security interest is formed.
In the transactional world, lenders strive to ensure that loans are secured by properly perfected liens against the borrower’s collateral. This practice is in line with the “first-in-time” rule of UCC Article 9 and protects secured creditors in the event the borrower defaults on the loan. It also gives the secured creditor priority to recover in bankruptcy.
A purchase money security interest (PMSI) is an exception to the first-in-time rule. It gives secured creditors who meet its requirements a special advantage to jump ahead in line of other creditors with respect to certain collateral. PMSI creditors can get super priority over third parties who perfected their interests first.
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in the context of the characteristics of digital marketing, interactivity is defined as the ability of
In the context of the characteristics of digital marketing, interactivity is defined as the ability of the control a customer has over the content they view, as well as its rate and exposure.
Digital marketing, a subset of marketing, is the practise of promoting goods and services through the use of the Internet and other online-based digital platforms, including mobile phones, desktop computers, and other digital media and platforms. As a result of its development in the 1990s and 2000s, brands and companies now employ technology differently for marketing. The term "digital marketing" encompasses non-Internet channels that offer digital media, such as television, mobile phones, callback, and on-hold mobile ring tones. Digital marketing is distinct from online advertising since it includes non-Internet channels.
Using the internet and other digital communication channels, digital marketing, also known as online marketing, is the promotion of businesses to reach out to potential customers. Text and multimedia messages are also considered a form of marketing, in addition to email, social media, and web-based advertising.
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in a(n) distribution structure, an importer controls a fixed supply of goods and the marketing system develops around the philosophy of selling a limited supply of goods at high prices to a small number of affluent customers.
In a traditional distribution structure, an importer controls a fixed supply of goods and the marketing system develops around the philosophy of selling a limited supply of goods at high prices to a small number of affluent customers.
An additional middleman is frequently added to the distribution chain when using a traditional method of distribution. The traditional channel of distribution includes wholesalers in addition to the consumer and the company.
A wholesaler is a particular kind of company that buys products in large quantities from manufacturers and then sells them to retailers. Because of economies of scale, wholesalers can make money by offering their items to several retailers at a premium price.
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at december 31, amy jo's appliances had account balances in accounts receivable of $330,000 and in allowance for uncollectible accounts of $1,120 (debit) before adjustment. an analysis of amy jo's december 31 accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. bad debt expense for the year should be:
An analysis of amy jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. bad debt expense for the year should be $7,190.
Response Feedback: ($311,000 × 2%) + $970 = $7,190.
A debt fee is identified when a receivable is not collectible because a purchaser is not able to satisfy their responsibility to pay a superb debt because of financial ruin or different monetary problems. To document the awful debt costs, you have to debit awful debt fees and a credit allowance for dubious money owed. With the write-off method, there may be no contra-asset account to record bad debt costs. consequently, the complete stability in accounts receivable can be stated as a contemporary asset at the balance sheet. bad debt rate is a fee that a commercial enterprise incurs once the reimbursement of a credit score formerly extended to a consumer is predicted to be uncollectible. An allowance for dubious bills is a contra-asset account that reduces the entire receivables mentioned to reflect most effectively the amounts expected to be paid.
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the sales (in thousands of units) of a new product after it has been on the market for years is given by (a) find as a function of if 4000 units have been sold after 1 year. (b) how many units will saturate this market? (c) how many units will have been sold after 5 years?
Sales The cumulative sales S (in thousands of units) of a new product after it has been on the market for t years are modeled by S = 60(1 − kt).
First, we will put the given equation in front of us:
S = 25(1-e^{kt})
S=25(1−e kt )
A transaction between the customer and the vendor wherein the vendor sells intangible or tangible items, assets, or offerings in opposition to cash is referred to as a sale. Sale is performed among two or extra events. In broader terms, a sale may be is known as a contract between two or more events i.e. the buyer and the vendor.
Sales refer back to the trade of a product, commodity, provider, or delivery for cash. It includes supporting prospective customers or customers by being attentive to them and understanding their wants and desires to discover what they are looking for.
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when individuals evaluate their portfolios, they should evaluate: group of answer choices all the u.s. and non-u.s. stocks all marketable securities all marketable securities and other liquid assets all assets all assets and liabilities
When individuals evaluate their portfolios, they should evaluate: all assets and liabilities.
Hence, Option D is correct
What do you mean by Portfolio?
The main goal of portfolio management is to assist in choosing the best investment options in accordance with one's income, age, time horizon, and risk tolerance. However, investors should select a management style that matches their investment style in order to get the most out of portfolio management.Utilize the following five evaluation criteria: earnings momentum, asset usage, capital structure, present and forecast profitability, and intrinsic rather than market value. Check to see if a stock's attributes fit your risk tolerance levels and if an investment is consistent with your asset allocation.To know more about Portfolio here
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