Financial accountants—summarize the company's production activities in a way that allows managers to make decisions.
What are financial accounts?Financial accounts are the accounts that show the profit and loss, expenses and savings, assets and liability, debts and outstanding amount.
Financial accounts help the company to take the future decision that is based on the previous occurrence in the organization. Some of the financial accounts are cash flow statement profit and loss, balance sheet and others.
Thus, option B is correct.
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A couple advises a banker that their total income includes both salary and disability payments. How should disability payments, which are non-taxable, be analyzed in order to fairly calculate the customer’s ability to pay?.
The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:
The use of SSA Notice of Award or any equivalent document “does not have a defined expiration dateThe use of income from this source that qualifies income.How do you calculate disabilities?In the calculation of how much a person can receive as your disability benefit, there is the use of SSA via the use of the average amount a person have earned per month over the timeframe of their adult years, and one adjusted for inflation.
One can do so by entering your typical annual income. and this income will be adjusted to know the wage growth over a person's career.
Note that The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:
The use of SSA Notice of Award or any equivalent document “does not have a defined expiration dateThe use of income from this source that qualifies income.Learn more about disability payments from
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An employee is demonstrating behaviors on the job that may endanger other employees. His manager wants to refer him to the company's employee assistance program. Which situation would call for such a referral
A situation that would cause the manager to refer the employee in that manner is if the manager believes the employee's problems are related to alcohol abuse.
What happens when an employee is under the influence?These days, company HR departments have subdepartments to help employees through various issues they find themselves in.
For instance, an employee that has abused alcohol and is behaving irrationally can be referred to an employee assistance program to help them.
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Managers use a ______ strategy to distinguish their products from those of their competitors by focusing on characteristics such as design, quality, and after-sale service.
Answer:
This is product differentiation
Explanation:
I'm just a smart guy
If overhead is applied to individual jobs at a rate of 50% of direct labor costs incurred per job, and $50,000 in direct materials were used and $25,000 of direct labor was required, what was the total cost of the job?
The total cost applied to the job is $87,500 when the direct materials are $50,000, the cost of direct labor is $25,000 and the overhead cost is 50 % of direct labor.
What is meant by total cost?Total cost means the combined cost of materials, human labor, and the overheads incurred in the process of production.
Given values:
Cost of direct materials: $50,000
Cost of direct labor: $25,000
Cost of overheads: $12,500 ($25,000 X 50%)
Computation of total job cost:
[tex]\rm Total \rm\ Job \rm\ Cost=\rm\ Cost \rm\ of \rm\ Direct \rm\ Materials+\rm\ Cost \rm\ of \rm\ Direct \rm\ Labor+\rm\ Cost \rm\ of \rm\ Overheads\\\rm Total \rm\ Job \rm\ Cost=\$50,000 + \$25,000 + \$12,500\\\rm Total \rm\ Job \rm\ Cost=\$87,500[/tex]
Therefore, when the direct materials are $50,000, the direct labor is $25,000 and the overhead cost is $12,500, then the total cost of the job is $87,500.
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In 2019, selected automobiles had an average cost of $12,000. the average cost of those same automobiles is now $13,200. what was the rate of increase for these automobiles between the two time periods? (
The rate of increase for these automobiles between the two time periods is 10%
What is automobiles?Automobile is the wheeled vehicle usually having four wheels and generally used for the transportation purposes. For example :- car, buses, trucks, bike etc.
In the above case, the average cost of the automobile is $12000 in 2009 but now it has increased to $ 13200. For the calculation of the increased rate of the auto mobile following formula is used as follows:-
Increased rate = (current value -Initial value )/current value * 100
=( $13,200 - $12,000)/ $12,000 *100
=$1200/ 12000 *100
= 10%
Therefore, the rate of the increase for these automobile between 2 periods is 10%.
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Assume Durango Co. had sales of $200,000 for the month of November. Sales are expected to grow 10% each month. The company collects 60% of sales in the month of sale and 40% in the month after sale. Projected cash collections for December total ______.
The cash collections of Durango Co. for the month of December over such given number of sales will be $212,000.
What is cash collection?The total amount of receivables actually received by a business during a given financial period is regarded as the cash collection of the firm for such period.
Now, in the above given situation, the 40 percent cash collection amounting to $80000 from the month of November will be collected in the current month. Solving further,
[tex]\rm Cash\ Collection\ = Total\ Sales\ x\ \dfrac{Pecentage}{100}\\\\\rm Cash\ Collection\ = 220,000 x\ \dfrac{60}{100}\\\\\rm Cash\ Collection\ = \$132,000[/tex]
So, in total the cash collection for the month of December will be computed as, 80000+132,000=$212,000.
Hence, the cash collection of Durango Co. is aforementioned.
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The _____ approach for constructing a WBS involves refining the work into greater and greater levels of detail.
The bottom-up top-down mind mapping approach for constructing a WBS involves refining the work into greater and greater levels of detail.
What is Mind Mapping?
This refers to the graphical depiction of ideas and concepts that helps to organize information.
Hence, we can see that when constructing a WBS, it is important to use the bottom-up top-down mind mapping approach so that there would be more detail in the work.
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Dobson Manufacturing is setting up production and distribution facilities in Mexico to meet the growing demand there. The company's executives want the human resource department to identify one of its U.S. managers to lead the operations, so he or she can ensure that the company culture is maintained. They ask the HR vice president to recommend a person with strong financial skills. The HR vice president agrees but adds that they also should use psychological testing to identify candidates who are highly flexible and conscientious. Which statement best supports the HR vice president's advice
The statement that best supports the HR vice president's advice is that the traits will help the manager persevere through culture shock.
What is culture?Culture simply illustrates the way of life of people. People face culture shock when they move into a new environment.
In this case, the statement that best supports the HR vice president's advice is that the traits will help the manager persevere through culture shock.
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Dobson Manufacturing is setting up production and distribution facilities in Mexico to meet the growing demand there. The company's executives want the human resource department to identify one of its U.S. managers to lead the operations, so he or she can ensure that the company culture is maintained. They ask the HR vice president to recommend a person with strong financial skills. The HR vice president agrees but adds that they also should use psychological testing to identify candidates who are highly flexible and conscientious. Which statement best supports the HR vice president's advice .
Answer :Culture Shock .The unexpected results in the first set of Hawthorne Experiments that led to the second set of experiments was: Multiple choice question. productivity continued to increase regardless of changing conditions productivity decreased when the lighting was reduced productivity continued to decrease regardless of changing conditions productivity decreased when the temperature was reduced
The unexpected results in the first set of Hawthorne Experiments that led to the second set of experiments was that productivity continued to increase regardless of changing conditions.
What is Hawthorne Effect?
The Hawthorne Effect is when that explains that changes were made to subjects of an experimental , the study can changes because of evaluation or study.
Therefore, Hawthornes, made us to understand through his experiment that productivity continued to increase regardless of changing conditions.
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Answer:
productivity continued to increase regardless of changing conditions
researchers, realize there had to be another factor affecting productivity
researchers, thought they had failed due to unexpected results
Explanation:
which statement best describes how the Fed responds to recessions?
It sells more securities.
It charges banks more interest.
It increases reserve requirements.
It increases the money supply.
The federal government responds to recession by increasing the money supply in a country.
What is Recession?Recession is term used to describe a general economic contraction which is identified by a fall in the gross domestic product of a country.
Before a country is said to be in recession, the GDP of that country must have fallen in two successive quarters.
The feds respond to recession by increasing the money supply in order to stimulate the local economy.
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Answer: D - It increases the money supply.
Explanation: Edge 2022
After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago. In the last three months, this trend has reversed and prices have fallen steadily. How are the past three months of the stock market classified
Primary bear market is the way the past three months of the stock market classified. As After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago.
What is primary bear market?Primary bear market refers when the price in market starts decline, and it declines more than 20%, it is accomplished by the negative investors and Bear markets can be either cyclical or long-term in nature. It takes more than 8 months.
This question has options that are given below
a. Primary bear market
b. Secular bull market
c. Primary bull market
d. Secular bear market
Thus, option A is correct.
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Which is a reason why it is important to organize information before preparing a business report?.
Organizing findings when preparing a business report will help you make faster and more efficient decisions, increasing the quality of organizational processes.
What is a business report?Corresponds to a document where data and information about an organizational period are provided, which will increase the understanding of the real situation of a company in a period, assisting in decision making in a more visionary and comprehensive way, helping to create strategies in relation to the micro and macro environment.
Therefore, business reporting must be organized and structured to assist in the effective management of an organization.
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Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 58,000 units of each product. Income statements for each product follow. Carvings Mementos Sales $ 974,400 $ 974,400 Variable costs 779,520 194,880 Contribution margin 194,880 779,520 Fixed costs 46,880 631,520 Income $ 148,000 $ 148,000 rev: 09_29_2021_QC_CDR-376 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.)
The computation of the break-even point in dollar sales for each product is as follows:
Carvings = $234,400 ($46,880/0.2)
Mementos = $789,400 ($631,520/0.8)
What is the break-even point?The break-even point represents the dollar sales or units at which the entity does not incur any loss or earn any profit.
At the break-even point, the total costs are equal to the total revenue.
Data and Calculations:Carvings Mementos
Sales $ 974,400 $ 974,400
Variable costs 779,520 194,880
Contribution margin 194,880 779,520
CM Ratio 20% 80%
Fixed costs 46,880 631,520
Income $ 148,000 $ 148,000
Break-even point = Fixed costs/CM Ratio
Thus, the break-even points in sales dollars are Carvings, $234,400,, and Mementos, $789,400.
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Netflix and wal-mart both did well during the recession. which factor of the business/marketing environment best explains this?
The business/marketing environment factor that explains why Netflix and Wal-mart did well during the recession is branding.
What is branding?It corresponds to a strategy of active management of a brand, creating value for it through its visual identity and objectives, generating engagement with the target audience and satisfying their needs and desires in an innovative and creative way.
Therefore, branding is an essential strategy for a brand to be competitive and well positioned in the market.
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Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him. He was bothered by their insistence that he modify the game by including a popular product's logo on the clothing of his main character. In this example, Kyle is concerned about the practice of ________.
"Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him...." Kyle is concerned about the practice of advergaming. This is further explained below.
What is advergaming?Generally, advergaming is simply defined as Advergaming refers to the practice of using video games to promote real-world businesses and goods.
In conclusion, "Kyle fantasized of being able to program anything electronically. He developed a new video game, and a huge corporation wanted to acquire it...." Kyle has reservations about the practice of advertisement gaming.
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Which situation is an example of a person making use of credit?
a. an architect puts his weekly paychecks into a savings account at
a local bank.
o b. a college student saves up money in order to buy a cheap used
car.
o c. a farmer sells most of her crops to customers who live near her
farm.
o d. a business owner takes out a loan to expand and redecorate her
offices.
submit
The use of credit is illustrated when a business owner takes out a loan to expand and redecorate her offices.
What is a credit?It is a transaction whereby the creditor or lender supplies money in return for a promised future payment by the other party.
Hence, the use of credit is illustrated when a business owner takes out a loan to expand and redecorate her offices.
Therefore, the Option D is correct.
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Higher cash flows earlier in a project's life are Blank______ valuable than higher cash flows later on.
When we get higher cashflows in a projects life at an earlier period, these are more valuable than later on.
Why are earlier cashflows more valuable?When we receive higher cashflows earlier on in a project's life, the discounted values of these cashflows will be higher.
This is as opposed to receiving them later on where the discounted values will be lower on account of there being a longer period to discount over.
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QUESTION 15 One of the benefits of downsizing is: higher customer satisfaction. improved efficiency. a more loyal and productive workforce. that it is a recruiting edge.
Visit the web site for a different well-known company, and find the section that lists the company's values. what are the company's values? how do they relate to the products the company sells? did anything surprise you about the company's values? why or why not?
Person can visit the website of Microsoft is the well known company to find the section that lists the company's values.
What are the core values that Microsoft has?Innovation - People think that technology can and should be used for good, and that meaningful innovation can and will help to make the world a better place in both large and little ways.Inclusion and variety Diverse voices allow us to thrive. To inform, challenge, and push our thinking, we draw on the experiences, strengths, and perspectives of our workers and customers.CSR- people think that technology has the potential to be a great force for good, and we are working to ensure that everyone has access to the benefits and opportunities that technology provides. Artificial Intelligence- AI, we believe, can enhance your capabilities, free you up for more creative and strategic pursuits, and help you or your organization achieve more when it is created with humans at the heartThus, Microsoft is company that have a solid values.
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Read the passage.
What did the president mean when he said he had to
face "very difficult choices" when creating a federal
budget?
O deciding which country to borrow from to finance
spending
O deciding what would be funded and what would be cut
O deciding how to keep interest rates low on the
national debt
O deciding how much to increase tax rates
The President used "very difficult choices" to explains it is difficult to decide what would be funded and what would be cut
Who used the quote?The quote was used by President Barack Obama during the 2012 Budget Message of the President.
Hence, he explained that it was difficult to decide what would be funded and what would be cut.
Therefore, the Option A is correct.
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Answer:
B. deciding what would be funded and what will be cut
Explanation:
A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the first coupon. Specifically, the fraction of the 6-month period that has already elapsed is 0.80. Calculate the dirty price of this bond.
A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%, is mathematically given as
DP=95.696. Option D is correct
What is the dirty price of this bond?Generally, dirty price is simply defined as It's important to note that a "dirty price" is simply a bond pricing quotation that takes into account both the coupon rate and any interest that has already accumulated on the bond.
In conclusion, Dirty price
DP = (Clean price + interest Accrued)
Therefore
DP=0.80*(4%*100/2)+2*(1-(1+4%)^(-3.20))/(4%)+100/(1+4%)^(3.20)
DP=95.696
CQ
A4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the first coupon. Specifically, the fraction of the 6-month period that has already elapsed is 0.80.
Calculate the dirty price of this bond.
O 81.370
85.216
93.471
o 95.696
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At the check-out counter in Market Street Grocery, there are energy bars that are high in protein placed in plain view at eye level on a shelf. When Viviana is at the check-out counter and sees the energy bars, she buys one because she feels that it is a healthy snack. Viviana's behavior is an example of a _______.
The fact that Viviana bought the energy bar at the check-out counter means that this was a Nudge.
What is a nudge?This is a strategy employed by stores to sell more goods by placing those goods at the checkout counter.
When a customer like Viviana is paying for the other things they bought, their eyes catch the displayed goods and buy them.
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A notary signing agent wants to stand out from other nsas by guaranteeing to borrowers and contracting companies that all of her loan signings will take 30 minutes or less. this is:
A notary signing agent wants to stand out from other NSA's by guaranteeing to borrowers. This is prohibited if it is stated to be a guarantee.
Who is borrower?A borrower refers to any person or organization taking out loan from a bank under an agreement to pay back it with interest.
As per a notary signing agent wants to stand out from other NSA's by guaranteeing to borrowers and contracting companies that all of her loan signings will take 30 minutes or less. This is prohibited if it is stated to be a guarantee.
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A recently established law school constructed its building in a quiet residential neighborhood. The law school had obtained all of the necessary municipal permits for the construction of the building, which included a large clock tower whose clock chimed every hour. The chimes disturbed only one homeowner in the neighborhood, who had purchased her house prior to the construction of the building. The homeowner was abnormally sensitive to ringing sounds, such as bells and sirens, and found the chimes to be extremely annoying.
Required:
In a nuisance action by the homeowner against the law school, will the homeowner prevail?
In a nuisance action by the homeowner against the law school, the homeowner will not prevail because the chimes do not disturb the other residents of the neighborhood.
What is a residential area?A residential area refers to the place where there are residents or citizens living. This area will be utilized for living purposes, not business purposes. In this area there will be no manufacturing units will be established.
In this situation when the construction of the law school has been done, it clearly mentioned that they took all the required permission from the municipal authority. It shows that they have not violated any rules for construction.
The chimes disturbed only one homeowner which means that it was medical conditions due to which he get disturbed as others do not have any problem with the chimes.
In this situation the court will not prevail the case as the law school fulfilled all the requirements of construction, as well as homeowner, was sensitive to sounds so he can take treatment for the same.
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INTERVIEW a business owner on the crisis experienced in the workplace attach an interview schedule as part of your oral presentation
Interview helps to select the best fit for a Job.
What is interview?Interview is usually an interactive sessions between an intending employee and the human resources personnel.
The sessions is to know if the individual is the best fit for a job.
Therefore, Interview helps to select the best fit for a Job.
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Suppose that the manager of a company has estimated the probability of a super-event sometime during the next five years that will disrupt all suppliers as 5%, and the probability of a unique-event that would disrupt one of them sometime during the next five years to be 10%. Supplier management costs during this period are $30,000 per supplier. The financial cost incurred if all suppliers are disrupted at the same time is estimated to be $2,000,000. Assume that up to five nearly identical suppliers are available. How many suppliers should the manager use?
Based on the financial cost incurred if supply is disrupted and the probability that this happens, the number of suppliers the manager should use is Two (2) suppliers.
How many suppliers should be used?If 3 suppliers are used, the probability of disruption would be:
= Probability of super event + (1 - Probability of super event) x Probability of unique event^ number of suppliers
= 5% + (1 - 5%) x 10%³
= 0.145
The payoff would be:
= 2 million x 0.145 + 30,000
= $191,900
With two suppliers:
= 2 million x (5% + (1 - 5%) x 10%²) + 30,000
= $169,000
With one supplier :
= 2 million x (5% + (1 - 5%) x 10%) + 30,000
= $320,000
The lowest cost is with 2 suppliers so this should be chosen.
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The principle of exceptions allows managers to focus on correcting variances between.
Answer:
The principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.
As an agent, you owe fiduciary duties to your client. among these are loyalty, reasonable skill and care, confidentiality, accounting, and disclosure. what fiduciary duty is missing from this list
The fiduciary duty Obedience is missing from the list.
What are the fiduciary duties?Fiduciary duties are those duties, which work in the interest of another party or an entity.
The main duties included in the fiduciary list are Accounting, Care, Confidentially, Disclosure, Loyalty and Obedience.
Fiduciary duties ensures the benefit of another party.
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A supervisor asks the HR manager for advice on delivering performance feedback. The supervisor finds that the meetings tend to be confrontational and don't lead to performance improvement. She tells the HR manager how she carefully fills out the appraisal form ahead of time and then invites the employee into the conference room to discuss her feedback immediately, before the employee has time to think up excuses for poor performance. What is the best advice the HR manager should give the supervisor for delivering performance feedback
The best advice that the HR manager should give the supervisor for delivering performance feedback is that he should give employees a chance to complete a self assessment ahead of time.
What is a performance feedback?It should be noted that performance feedback is simply used in an organization to evaluate the performance of the workers.
In this case, the best advice that the HR manager should give the supervisor for delivering performance feedback is that he should give employees a chance to complete a self assessment ahead of time.
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The difference between a financial aid package and total cost of collage can be made up by ______.
A: reapplying with different family contributions
B: signing up for fewer classes a semester
C: personal savings and student loans
D: going to a college with lower tuition costs
The difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Financial aid is referred to any form of funding which tends to help one in paying for for college, such as a loans, grant, scholarships or work-study programs. So, for most of the students, financial aid is essential to making college affordable.
It is estimated that about two thirds of college students receive financial aid based on their family's financial circumstances. So, here it is important that the difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Hence, option C is correct.
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