When management fails to set priorities for work, employees tend to Assume each task is of equal importance.
How to set Priorities?
If setting priorities were simple, every business would be running at full capacity.
But when attempting to establish priorities for teams, various difficulties might arise.
The first problem that could arise is the use of the same firm resources—such as personnel, tools, and equipment—by multiple concurrent projects.
It makes sense that nothing will have the team members' full attention if they are each devoting 20% of their time to five separate tasks. As a result, quality suffers. Or nothing at all happens.
What are the skills of an Effective Administrator?
Here, it is understood that an administrator is someone who oversees the actions of others and assumes accountability for the accomplishment of particular goals through their efforts. According to this description, effective administration appears to depend on the technical, human, and conceptual development of three fundamental talents. Although it would be unreasonable to claim that these abilities are unrelated, there may be actual value in looking at each ability in isolation and developing it on its own.
When management fails to set priorities for work, employees tend to Assume each task is of equal importance.
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Answer: C. Assume each task is of equal importance
hope this helps <3
If a firm issues debt and includes protective covenants in the indenture then the firm's debt will probably be issued at _____ similar debt without the covenants.
Multiple Choice
a. an interest rate equal to that of
b. a lower interest rate than
c. a significantly higher interest rate than
d. a variable interest rate rather than the fixed rate paid on
e. a slightly higher interest rate than
If a firm issues debt and includes protective covenants in the indenture then the firm's debt will probably be issued at lower interest rate than similar debt without the covenants.
Hence, Option B is correct.
What do you mean by Interest rates ?
Interest rate can be defined as the amount which is charged above the principal amount by the lender.They influence borrowing costs and spending decisions of people in general.If the cost of borrowing increases then money becomes more expensive. This makes everything more costly. They are usually determined in a free market as well as the overall will of consumers, businesses, and governments.By going through this, we can conclude that Option B is correct.
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bagail corp. uses activity-based costing system with three activity cost pools. the following information is provided: costs: wages and salaries $ 216,000 depreciation 112,000 utilities 112,000 activity cost pools assembly setting up other wages and salaries 0.58 30% 10% depreciation 0.37 45% 20% utilities 0.28 40% 30%
The required answer is $198,080.
By assigning overhead costs to specific activities, the activity-based costing (ABC) methodology allows for more exact overhead cost allocation. The costs can then be allocated to the cost objects that make use of the activities once they have been assigned to costs.
The technique can be used to reduce overhead costs specifically. ABC performs best in situations that are complex, have a wide variety of items and machines, and have convoluted processes that are challenging to understand. In contrast, it is less useful in a streamlined setting with condensed production processes that make it simple to assign costs.
In the given question,
Wages and Salaries = $216,000
Depreciation = $112,000
Utilities = $112,000
Wages and salaries = 0.58, 30% 10%,
Depreciation = 0.37 45% 20%
Utilities = 0.28 40% 30%
Now,
Total cost that would be allocated to the Assembly activity cost pool
= 0.58*216,000 +0.37*112,000 + 0.28*112,000 = $198,080
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According to the concept of bounded rationality, managers make decisions ________.
According to the concept of bounded rationality, managers make decisions rationally, but are limited by their ability to process information.
Bounded rationality. is the concept that once people make decisions, their rationality is restricted through the records they have, the cognitive barriers in their minds, and the time to be had to make the selection.
In selection making, rationality of people is restricted through the records they have, the cognitive barriers in their mind, and the finite quantity of time they need to make a selection. Bounded rationality prevails whilst a hard and fast of barriers or constraints complicate the rational selection making process.
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How does an investor make money?.
Appreciation and income are the two ways that investors profit. When the value of an asset rises, appreciation takes place. Income is the consistent flow of cash from the sale of an asset.
Who is an investor?Long-term returns on stocks typically range from 7 to 10%. They could perform much better or much worse than that in any given year. The market almost always produces money when looked at over longer periods (10 to 15 years or more).
The majority of investors pay cash for houses, eliminating the risk associated with a buyer asking for a mortgage. Even if a buyer has received loan preapproval, the lender may decide that the buyer's creditworthiness has changed and decline to provide the funds required to purchase your house.
Most people agree that Warren Buffett has been the most successful investor in history.
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"making planning in itself is not sufficient."what is the requirement for the business to be successful.
Answer:
organization
Explanation:
if you are organized then you will have smoother and cleaner place to work in
Answer:
Do what you think, one day you will surely succeed.
karr company borrowed $100,000 by signing a 5-year note payable at 8% interest. at the end of year 5, karr will repay the bank $146,933. at the time the note is signed, the $100,000 is referred to as the of the note payable.
The $100,000 is referred to as the of the note payable $8000
Accounts payable refers to the liability on the balance sheet that represents money owed by a company to its suppliers (AP). Liabilities for notes payable, on the other hand, are obligations established by formal legal instrument documents. Processing and analyzing supplier transactions, as well as ensuring that any outstanding invoices from suppliers are authorized, processed, and paid, are the main responsibilities of an accounts payable department. Key details must be taken note of and recorded into the company's bookkeeping or financial system while processing an invoice. Following this, the invoices must go through the company's unique business processes in order to be paid.
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a firm can become a channel captain because it is typically the channel member with the ability to influence the behavior of other members. which of the following is the most likely source of that influence?
A firm can become a channel captain because it is typically the channel member with the ability to influence the economic power.
What is economic power?Economic power is the capacity of nations, corporations, or people to raise their level of living. It lessens the power of any outside influence to restrict their freedom and promotes their freedom to make judgments that are in their own best interests.Economic power includes a sizable portion of purchasing power. Economic power can be attained by nations, businesses, and people by increasing their income and consequently their wealth. This enables people to meet their requirements by acquiring more and better goods and services.A product or service that offers the world a genuine benefit is the best method to boost revenue. Customers will pay the maximum price to obtain that benefit due to the rules of supply and demand.To learn more about economic power, refer to
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what are some different types of mutual funds? mutual funds are categorized based on certain criteria such as investment policies, investment objective and the risk and return profile of the investment assets.
The four primary categories of mutual funds—stock funds, money market funds, bond funds, and target-date funds—comprise the majority of the mutual funds accessible for investment.
Mutual funds: what are they?Depending on the risk-to-return ratio that you're looking for, there are various mutual fund classifications. Instead of placing all of your money in one investment, they let you spread it across a number of assets. A mutual fund manager chooses when and where to invest your money when managing a mutual fund. It is not assured that investments will increase in value or produce income. The initial investment made by the investor might not be recouped.
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on december 1, home store sells a mower (that costs $200) for $500 cash with a one-year warranty that covers parts. warranty expense is estimated at 8% of sales. on january 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $35 in materials taken from the parts inventory. prepare the december 1 entry to record the mower sale (and cost of sale), the december 31 adjusting entry for estimated warranty liability, and the january 24 entry to record the warranty repairs.
Journal entries are basically done to record the transaction that are taking place in a business organization.
Following are journal entries:
Sept. 1
Cash 500
To Sale 500
Sept. 1
Cost of goods sold 200
To Merchandise inventory 200
Sept. 1
Warranty expense 40
To Estimated warranty liability 40
Jan. 24
Estimated warranty liability 35
To Repair part inventory
In order to document a business recorded in the accounting records of the company, a journal entry is employed. A journal entry is often made in the general ledger, but it can also be made in a special account and subsequently rolled forward towards the ledger accounts after being summarized. After then, the ledger is utilized to produce the company's financial statements.
Every business transaction should be documented in at least two places, according to the reasoning behind a journal entry.
The complete question is here:
Journal entry for product warranty
On September 1, home store sells a mower (that cost $200) for $500 cash with one year warranty that covers parts. Warranty expenses is estimates at 8% of sales. On January 24 the following year, the mower is brought in for repairs covered under the warranty requiring $35 in materials taken from the repair part inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs.
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you purchased 320 shares of stock at a price of $47.76 per share. over the last year, you have received total dividend income of $355. what is the dividend yield?
The dividend yield of the stock is $7.43.
What is dividend yield?A company's market capitalisation is calculated by dividing its total yearly dividend payments by the number of shares outstanding, assuming that number remains constant. A percentage is a common way to express it. Using solely the returns in the form of the total dividends the company issued throughout the year, dividend yield is used to determine the return on investment (ROI) for shares. The prospectus contains information on dividend distributions for preferred stocks (also known as "preference shares" in the UK). Normally, the preferred share's nominal yield in relation to the issue price is included in the name, for instance, "6% preferred share." To be passed over or diminished, however, is a possibility in some situations.
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the main reason a monopoly engages in price discrimination is that:
The main reason a monopoly engages in price discrimination is that it wants to increase profits.
What is price discrimination?
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. A monopoly sets the price for its goods and services. An example of a monopoly is a utility company.
Price discrimination is when the same product is sold at different prices to customers in different markets. When a monopoly price discriminates, it aims to eliminate the consumer surplus of consumers by charging the highest price that the consumer is willing to pay for the good or service. This ensures that a monopoly earns the highest profit possible.
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the number of customers waiting for gift-wrap service at a department store is an rv x with possible values 0, 1, 2, 3, 4 and corresponding probabilities 0.1, 0.2, 0.3, 0.25, 0.15. a randomly selected customer will have 1, 2, or 3 packages for wrapping with probabilities 0.55, 0.35, and 0.1, respectively. let y
The number of customers waiting for gift-wrap service at a department store
(a) 0.0416 (b) 0.0012
(a) We can separate the probabilities of the two events in a multiplication of probabilities:
P(X=3,Y=3) = P(X=3)*P(Y=3)
*It is assumed there is no correlation between the number of clients waiting and the number of packages they want to wrap.
There is only one combination possible of packages between the clients, because they all have to have at least one package to wrap.
P(X=3,Y=3) = P(X=3)*P(Y=3)
P(X=3,Y=3) = P(X=3)*P(Y1=1,Y2=1,Y3=1) = 0.25*(0.55*0.55*0.55) = 0.0416
(b) To have 11 packages distributed in 4 customers , one needs to have 2 packages to wrap and the others 3 packages. There is 4 permutations of this, all with the same probability of ocurrence.
P(X=4,Y=11) = P(X=4) * P(Y1=3;Y2=3;Y3=3;Y4=2)*4
P(X=4,Y=11) = 0.15*(0.2*0.2*0.2*0.25)*4=0.0012
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Global Geotell just hired InvestPro, a local investment banker, to help it issue common stock. The proceeds of the stock offering will be used for research and development of a new satellite tracking system for the US Navy. The market value of the issue equals $150 million, direct costs incurred by Global Geotell will amount to $225,000 and InVestPro charges a 7 percent fee for it's services.
a. What will the net proceeds to Global Geotell from the $150 million equity issue? That is, how much of the issue will Global Geotell be able to use?
b. If the price per share of the common stock equals $25 at the time of issue, how many shares of stock must be issued if the total value of the issue is $150 million?
c. How many shares of stock must be issued if Global Geotell actually needs $150 million for its research and development? Assume that the price is $25 per share.
a. The net proceeds to Global Geotell from the $150 million equity issue is $139,275,000
b. If the price per share of the common stock equals $25 at the time of issue, then the total number of shares is 6 million
c. There are 6 million shares of stock must be issued if Global Geotell actually needs $150 million for its research and development.
Stock:
The stock is the general term used to describe the ownership certificates of any company
Given,
Global Geotell just hired InvestPro, a local investment banker, to help it issue common stock. The proceeds of the stock offering will be used for research and development of a new satellite tracking system for the US Navy. The market value of the issue equals $150 million, direct costs incurred by Global Geotell will amount to $225,000 and InVestPro charges a 7 percent fee for it's services.
The net proceeeds to Global Geotell is calculated as,
=> $150 million - (0.07*$150 million) - $225,000 = $139,275,000
If the price per share of the common stock equals $25 at the time of issue, then the number of shares for $150 million is,
=> 150 million / 25
=> 6 million.
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the theory of portfolio choice indicates that higher interest rates make money____desirable, and the demand for real money balances .
The theory of portfolio choice indicates that higher interest rates make money falls desirable, and the demand for real money balances.
These theories stress that individuals hold cash as a part of their portfolio of assets and predict that the demand for cash depends on the comeback and risk offered by cash and by different assets that individuals will hold rather than cash. The portfolio demand for cash will increase with wealth and portfolio risk and reduces with enhanced portfolio returns, lower risk, or lower chance prices. In different words, the portfolio demand for cash is influenced by identical factors that influence the demand for bonds.
Modern portfolio theory could be a technique for portfolio management to cut back risk, that traces its origins to a 1952 paper by laurels winner Harry Markowitz. the idea states that, given a desired level of risk, capitalists will optimize the expected returns of a portfolio through diversification.
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The theory of portfolio choice indicates that higher interest rates make money less desirable, and the demand for real money balances decreases.
According to the theory of portfolio choice, individuals allocate their wealth across different assets, including money and non-monetary assets such as stocks, bonds, and real estate, to maximize their utility or satisfaction. When interest rates are higher, the opportunity cost of holding money increases. This means that individuals can potentially earn higher returns by investing their money in interest-bearing assets instead of holding it as cash.
As a result, higher interest rates typically reduce the relative attractiveness of money compared to other assets. People tend to shift their portfolio towards investments that offer higher returns, such as bonds or stocks, rather than holding money. Consequently, the demand for real money balances, which refers to the desire to hold money for transactional purposes or precautionary savings, tends to decrease when interest rates rise.
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three basic corporate strategies to creating value and achieving market stature are operational excellence, product leadership, and customer intimacy.
Three basic corporate strategies to creating value and achieving market stature are operational excellence, product leadership, and customer intimacy. Joe's company prides itself on efficient production and delivery of products, in addition to offering low prices and convenience to its customers.
What are the corporate strategies?
A corporate strategy is a long-term plan with specific objectives for a business. Although each goal's objective may vary, the main aim of a corporate strategy is to advance the business. The corporate strategy of a corporation could be to prioritize sales, expansion, or leadership.
Corporate strategy is to generate higher sustained economic rents from a group of companies than those companies would otherwise produce on their own or when controlled directly by a group of shareholders.
Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy.
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Each year, top sales consultants for Mary Kay Cosmetics earn the use of a signature pink Cadillac, and the keys are presented to these consultants at an elaborate awards banquet. This is an example of the use of ______ to reinforce organizational culture.
ceremonies
Each year, top sales consultants for Mary Kay Cosmetics earn the use of a signature pink Cadillac, and the keys are presented to these consultants at an elaborate awards banquet. This is an example of the use of rite or rituals to reinforce organizational culture.
Rite and rituals in a company is regulated for a supportive culture and appreciation of the work of employees. It motivates the employees to achieve more accomplishments. The team celebrates such achievements as a part of rite and rituals in the company.
It creates a positive working environment and boosts the morale of employees. Sharing lunch together or departmental celebration monthly or weekly for employee appreciation are all a part of rite and rituals in a company.
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Paul drives a truck as an employee for quick delivery, inc. Paul would most likely be considered acting outside of the scope of her employment if he.
Paul drives a truck as an employee for quick delivery, inc. Paul would most likely be considered acting outside of the scope of her employment if she crashed into a car at the airport while off-duty, She would almost certainly be considered to be acting outside the scope of her employment.
What is Employment Scope?
The range of activities that an employee is reasonably expected to participate in as part of their job duties is referred to as the scope of employment in legal terms. Within this scope of activities, the employer may be held liable for their employee's actions if a third party is injured or otherwise harmed as a result of the employee's actions. In personal injury cases, the term is frequently used.
When the scope of a person's employment is called into question, it is usually to see if an employee's actions during an accident were part of their job. If not, the actions in question would be considered outside the scope of employment.
For instance, suppose an employee works in a warehouse and accidentally runs over a customer's foot while operating heavy machinery. It would be relatively simple to argue that the employee's actions were within the scope of their employment at the time of the accident. If the employee was not trained to operate the heavy machinery, this could be considered outside the scope of their employment.
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kala and leah, partners in best designs, have capital balances of $40,000 and $60,000, respectively. adam joins the partnership by buying one-half of kala's interest for $30,000. in addition, because of adam's outstanding sales skills, the partners agree to increase his interest to 40% if he invests another $10,000. the income-sharing ratio of kala, leah, and adam is 4:3:1. question content area a. journalize the entries to record (1) the purchase kala's interest by adam and (2) adam's contribution of $10,000 to the partnership. if an amount box does not require an entry, leave it blank. (1) - select - - select - (2) - select - - select - - select - - select - - select - - select - - select - - select - question content area b. immediately after adam's admission to the partnership, leah sells one-fourth of her interest to denton for $35,000. journalize the entry to record this transaction. blank - select - - select -
The required Journal Entry with all the information provided is given below.
a) Keep a journal and note Adam's relationship admissions.
Account Title Dr Cr
Kala, Capital 20,000
Adam, Capital 20,000
Cash 10,000
Kala, Capital 8,000
Leah, Capital 6,000
Adam, Capital 24,000
b) Leah sells Denton one-fourth of her stake for $30,000 right away after Adam is admitted to the partnership. record the transaction by journalizing the entry.
Account Title Dr Cr
Leah, Capital 13,500
Denton, Capital 13,500
Hence the above is the Journal entry of the given question with Leah's Capital $13,500 and Denton's Capital $13,500.
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Suppose the government imposes a price ceiling of $40 on this market. What will be the size of the shortage in this market?.
At P = $40, Demand = 1600 and supply = 400
Shortage = 1600 - 400 = 1200
Answer is D.
The fundamental relationship between supply and demand is the price of the thing and the quantities that would be bought at that price. The relationship is often negative, which means that a rise in price will result in a fall in the quantity demanded.
The consumer demand curve's decreasing slope is a physical representation of this negative relationship.
It makes sense and is obvious to assume that there is a negative association.
It would be a significant price increase, for instance, if a gallon of milk went from being $5 to $15. Because it is now significantly more expensive, the consumer will purchase less of that goods at the $15 price point.
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Complete Question
Suppose the government imposes a price ceiling of $40 on this market. What will be the size of the shortage in this market?
A.1600 units
B.0 units
C.400 units
D.1200 units
an inital increase in government spending of $100 billion can create more than $100 billion through what economists call a(n) effect
An initial increase in government spending of $100 billion can create more than $100 billion through what economists call a multiplier effect.
A small preliminary alternate in spending will bring about a bigger alternate in GDP because the spending alternate works it manner thru the economy. This is due to the fact an preliminary alternate in spending will purpose an preliminary growth in GDP and it additionally turns into earnings to a person else.
According to Keynesian economics, accelerated authorities spending increases combination call for and will increase consumption, which results in accelerated manufacturing and quicker restoration from recessions.
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Consider the liquidity preference theory of the term structure of interest rates. On average, one would expect investors to require: A. a higher yield on short term bonds than long term bonds; B. a higher yield on long term bonds than short term bonds; C. the same yield on both short term bonds and long term bonds; D. the liquidity preference theory cannot be used to make any of the other statements
On average, one would expect investors to require a higher yield on short term bonds than long term bonds. According to the Liquidity Preference Theory.
Investors should expect a higher interest rate or premium for riskier securities with extended maturities because, when all other things are equal, they favor cash or other highly liquid investments. In order to determine interest rates, John Maynard Keynes' liquidity preference theory focuses on the supply and demand for money. He argues that since interest rates represent the cost of borrowing money, people would prefer to keep their cash on hand rather than invest it in assets.
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the process of communicating the income and expenses of a business and its financial health is known as .
Accounting. the process of explaining a company's earnings, costs, and financial standing.
What steps do you take to manage your income and expenses?private money management. is the process of keeping your income and expenses under control. strategy for automatic deductions. Your paycheck is automatically withheld from your savings account and deposited, preventing you from having access to the money.
What phrase describes a component of the formal record-keeping of commercial transactions?The systematic recording and organization of financial transactions in a business is known as bookkeeping.
What three categories of accounting are there?The three types of accounting that a corporation might use to track its income are managerial accounting, financial accounting, and cost accounting.
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True/False. Different types of social media are blogs, discussion forums, media-sharing networks, wikis, social bookmarking tools, social messaging apps, and social networking, news, and shopping platforms.
That blogs, discussion forums, media-sharing networks, wikis, social bookmarking tools, social messaging apps, and social networking, news, and shopping platforms are the different types of social media is true.
What is social media?Social media consists of all websites and applications that allow users to access, share ideas, maintain, and use them for their personal entertainment and platform.
Users of these websites and apps are allowed to register to have access to the sites and their resources and share ideas and materials with other users all over the world.
Thus blogs, discussion forums, media-sharing networks, wikis, social bookmarking tools, social messaging apps, and social networking, news, and shopping platforms are the various types of social media
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in most cases, involuntary turnover should not occur based on one employee offense. an effective discipline program should have a system in place that includes documentation and progressive measures of discipline (called the progressive discipline system) to teach employees what is expected. additionally, many organizations use alternative dispute resolution (adr), employee assistance programs (eap), and possibly outplacement counseling as part of this process. this activity is important because establishing a formal discipline process, called progressive discipline, allows the organization to have a systematic way to handle employee problem behaviors fairly. the primary purpose is to teach employees what is expected of them and create the opportunity in which the employee tries to do what is expected. progressive discipline identifies and communicates unacceptable behaviors and responds to repeated offenses with a series of graduated steps such as spoken and written warnings, temporary suspensions, and termination. the consequences become more serious if the employee repeats the offense. examples that could be addressed include tardiness, absenteeism, performance issues, and cyberslacking. other organizations use impartial outsiders to solve problems using alternative dispute resolution. adr has four stages: open-door policy, peer review, mediation, and arbitration. discipline issues that do not deal with interpersonal or performance elements may be resolved through an employee assistance program (eap). these programs provide professional treatment for various problems, such as drug and alcohol abuse. lastly, if after a series of offenses, the employee is terminated, they may be provided with outplacement services that will help them build skills to manage the transition to find new employment. the goal of this activity is to match the appropriate type of discipline and associated phase of the process the employee is experiencing based on the situation.
*Hot Stove Rule:
~Termination: [Vincent]*Progressive Discipline:
~Unofficial Spoken Warning: [Debra]~Official Written Warning: [Maggie]~Temporary Suspension & Written Last Chance Notice: [Trevor]~Outplacement Services: [Audrey]*Alternative Dispute Resolution:
~Open-Door Policy: [Katy]~Peer Review: [Joe and Matt]~Mediation: [Zander]~Arbitration: [Thomas]*Employee Assistance Program:
~Counseling & Referral Services: [Liz]Discipline is defined as the regulation and modulation of human activities in order to achieve a controlled performance. The true goal of discipline is straightforward. Its purpose is to encourage employees to adhere to established job performance standards and to behave responsibly and safely at work. Preventative, supportive, and corrective discipline are the three types of discipline.
Management uses discipline to modify undesirable performance and behavior through the use of a corrective action process. Supervisors are strongly encouraged to contact Employee Relations staff for assistance at the onset of any employee performance or conduct issues.
The employee lifecycle is an organizational method for visualizing how an employee interacts with the company in which they work. The employee lifecycle divides a company's entire employee experience into seven stages: attraction, recruitment, onboarding, development, retention, separation, and advocacy.
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determine if each of the given scenarios is, or is not, the result of economic myopia. you are currently in a sorting module. turn off browse mode or quick nav, tab to items, space or enter to pick up, tab to move, space or enter to drop. economic myopia not economic myopia
In the given scenarios 2,5 and 3 shows Economic Myopia while 1 and 4 are Not Economic Myopia.
Policy myopia is while government policy interventions are trying to find to address quick-term problems in place of longer-time period answers. this may be a cause of presidency failure.
Economic Myopia
2. Gus and Betty take out loan, which will take ten years to pay back, to pay for a three day cruise.
5.Charlie's GDP is rock-bottom because he goes out with his friends every night instead of studying
3. Even though his employer will match any retirement contribution of at 7% of his gross income, up to 10%, David sets aside only 5% of his income in his retirement account
Not Economic Myopia
1. When his father retires, John decides to quit his current job and return to his home town to run the family business.
4. Ned, who goes camping every weekend he can, decides to buy SUV that is more expensive than the sedan he was also considering.
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Disclaimer:- your question is incomplete, please see below for the comlete question.
Determine if each of the given scenarios is, or is not, the result of economic myopia.
Economic myopia Not economic myopia
Answer Bank
1. When his father retires, John decides to quit his current job and return to his home town to run the family business.
2. Gus and Betty take out a loan, which will take ten years to pay back, to pay for a three-day cruise.
3. Even though his employer will match any retirement contribution of at least 7 of his gross income, up to 10% David set aside only 5% of his income in his retirement account.
4. Ned, who goes camping every weekend he can. decides to buy an SUV that is more expensive than the sedan he was also considering,
5. Charlie's GPA is rock-bottom because he goes out with his friends every night instead of studying.
If appreciated securities are inherited, the tax basis to the beneficiary is:
A. cost of the securities
B. fair market value at the date of death
C. fair market value 6 months after death if values have fallen
D. either Choice B or C above
A
The best answer is D.
The basic rule for inherited securities is that they are transferred to the beneficiary at fair market value at the date of death. However, the tax code allows an exception for estates that require a federal filing (those with over $5,450,000 of assets in 2016). In this case, the estate can choose to use an "alternate valuation date" that is set 6 months after death. It would choose to do this if the securities have depreciated, resulting in a lower estate tax liability.
d. Either b or c. fair market value at the date of death fair market value 6 months after death if values have fallen
The ideal response is D. As a general rule, inherited securities are given to the recipient at their fair market value on the date of death. The tax rules does, however, permit an exception for estates that must file a federal tax return (those with more than $5,340,000 in assets in 2014).
In this situation, the estate may opt to utilise a "alternative value date" that is determined six months after the decedent's passing. If the value of the securities has decreased, lowering the estate tax obligation, it would decide to take this action.
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which principle ensures auditing processes are managed by someone other than the employees whose activities are being audited?
The Principle of Least Privilege (PoLP) ensures that audit processes are managed by someone other than the employees whose activities are being audited.
What is the principle of least privilege?It corresponds to a form of internal audit that is conducted by a professional who is not related to the audited activities, so that ethics, information security and reliability are maintained.
Therefore, the principle of least privilege ensures that information is intended for individuals to carry out their tasks, without some type of privilege for this or authority to make decisions for their own benefit or that of third parties.
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which of the following amounts paid by an employer to an employee is not subject to withholding? a.salary. bmissions. c.reimbursement of expenses under a non-accountable plan. d.bonus. e.all of these choices are subject to withholding.
reimbursement of expenses under a non-accountable plan is not subject to withholding.
Instead of being paid by the income receiver, tax withholding, also known as tax retention, is paid to the government by the payer of the income. Thus, the tax is either withheld from or subtracted from the recipient's due income. Employment income is subject to tax withholding in the majority of jurisdictions.
When the withholding is done in advance, the tax is typically viewed as a payment on account of the recipient's eventual tax burden. The difference between the recipient's tax responsibility and the amount withheld may be repaid if a tax return is filed and shows that the recipient owes less tax than was withheld, or further tax may be owed in that case. In some circumstances, the recipient's tax due is deemed to have been discharged by the withheld tax, and no tax return or additional payment is necessary.
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What is the term for the path that the product follows from the producer to the customer?.
The term used for the path that the product follows from the producer to the customer is the distribution channel.
A distribution channel is the chain of intermediaries through which a product goes through and reaches the customer finally. The distribution consists of wholesalers, distributors, and sometimes the internet if the business is based on the online platform. It is a downstream process that focuses on making the product reach customers.
In a direct distribution channel, manufacturers directly sell the product to the customer. Indirect distribution channels require wholesalers, distributors, and retailers for selling products to the customers. Distribution channel is also the path of payment reaching from customers to manufacturers.
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By the time you turn 60, a large percentage of your net worth will likely consist of?.
Equity in your primary residence is the correct answer. Equity REITs primarily own Properties and Mortgage REITs primarily own Mortgage Debt. Most Equity REITs specialize in a selected Property sort (e.g. Office, Retail, Residential, Industrial, Lodging, or Self-Storage).
Mortgage REITs specialize in either Residential Mortgages or business Mortgages. An equity investment firm is the most typical form of investment firm. An equity investment firm owns and operates the properties in its holdings.
With that, equity investment firm usually generates revenue through income. A mortgage investment firm investment generates revenue through interest financial gain from mortgages and mortgage-backed securities.
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