The answer is a. Purchasing raw materials.
To explain in detail, the revenue and collection cycle involves a series of activities that begins with receiving and processing customer orders, followed by delivering goods and services to customers, billing customers for the goods and services provided, collecting payments from customers, and depositing cash received from customers.
While purchasing raw materials is an important activity in the production cycle for a manufacturing company, it is not considered a basic activity in the revenue and collection cycle. The revenue and collection cycle focuses on activities that generate revenue and collect cash from customers. Therefore, option a is not a basic activity in the revenue and collection cycle for a typical manufacturing company.
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relative ranking appraisals may help an organization become more performance-oriented if they are used for a few years because they tend to weed out employees with persistent performance problems. True or False
Relative ranking appraisals may help an organization become more performance-oriented if they are used for a few years because they tend to weed out employees with persistent performance problems. - True
Relative ranking appraisals rate employees in order of performance by comparing their performance to that of their peers. This may be used to recognize top performers and improve the performance of poor performers while identifying top performers and low performers inside an organization. By removing personnel with performance issues over time, adopting relative ranking assessments may eventually assist an organisation in becoming more performance-oriented.
The firm may foster a culture of high performance and inspire people to pursue greatness by continuously recognising and dealing with low performers. It's crucial to conduct relative ranking assessments in a fair and transparent manner and to be open and honest with employees regarding the methodology and implications of the rankings.
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brier, Black ink on woven paper
-create the illusion of leaves occupying real space
Using black ink on woven paper, create a Brier plant by layering lines and shading to form dimension and texture, giving the illusion of leaves occupying real space.
Start by drawing the general outline of the Brier plant to give the appearance that leaves are occupying real space with black ink on woven paper. Then, add layers of lines and shading to create texture and dimension. To add depth and shadow, use cross-hatching and stippling methods.
Change the line's weight and direction to reflect the plant's natural development patterns. Draw veins and folds to give each leaf texture and complexity. Make use of the paper's woven texture by letting it peek through in some places to give the artwork a tactile sensation. Then, take a step back and evaluate the composition as a whole, making any required revisions.
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The correct question will be: What is the purpose of creating a Brier plant using black ink on woven paper?
Your company is expanding by purchasing an old vineyard near your current properties. Unfortunately, there are really no records that indicate vine density (how many vines per acre) You grabbed a tape measure and found the row spacing to be 9 feet and the vine spacing to be 6 feet. How many vines per acre is that? You need to hit 7 tons per acre. The variety is Chardonnay and you usually count on Chardonnay to give your 0.25 pound clusters. Knowing this information, how many buds per vine should you instruct your pruning crew to leave? Make sure that you don't round any numbers until you get to the bud number. Keep all decimals until you get the bud number and then round to 1 decimal. Please show all of your work here sol can give partial credit and help guide you in the right direction if there are any mistakes.
It is found to be 805.19 vines per acre. We should instruct our pruning crew to leave 69.5 buds per vine to achieve a target yield of 7 tons per acre for Chardonnay grapes in the newly purchased vineyard.
To calculate the number of vines per acre, we first need to convert the row spacing and vine spacing into square feet per vine. This can be done by multiplying the two values together, which gives us 54 square feet per vine.
Next, we need to convert acres into square feet, which is 43,560 square feet per acre.
To find the number of vines per acre, we can divide the square feet per acre by the square feet per vine. This gives us 805.19 vines per acre.
Now, we need to calculate the number of buds per vine. To do this, we first need to convert the target yield of 7 tons per acre into pounds per vine. Since we know that Chardonnay typically gives 0.25 pound clusters, we can divide 7 tons (14,000 pounds) by 0.25 pounds per cluster, which gives us 56,000 clusters per acre.
To find the number of buds per vine, we can divide the number of clusters per acre by the number of vines per acre. This gives us 69.54 buds per vine.
Since we need to round to 1 decimal place, we can round this number to 69.5 buds per vine.
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tati made an impulse purchase by buying a $1,000 handbag. an impulse purchase means that she most likely did not think of the ____________________ alternatives for the $1,000.
Tati made an impulse purchase by buying a $1,000 handbag, an impulse purchase means that she most likely did not think of the- A. best alternatives.
Impulse purchasing is the abrupt, unplanned purchase of a good. It happens after customers feel the need to purchase and is frequently unplanned and unhesitating.
The correct answer is A. best , as the finest alternatives to a handbag costing $1,000 were not taken into consideration.
Hence, option A. is the right choice.
What are the four categories of impulsive buying?The four different forms of impulsive purchases include pure impulse (such as buying sweets at the register), suggestion impulse, reminder impulse, and planned impulse.
In social commerce, a sale can be converted by the following impulses: suggestion impulse, reminder impulse, and planned impulse.
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The complete question is-
Tati made an impulse purchase by buying a $1000 handbag. An impulse purchase means that she most likely did not think of the _________________alternatives for the $1000.
A. best
B. explicit
C. implicit
D. worst
classify the following items as either: a. contingent liability b. current liability retirement plan
Current liabilities are obligations that are expected to be settled within the next 12 months, while long-term liabilities are obligations that will not be settled within the next 12 months.
1 - 60-day promissory note - A current liability as it is a short-term obligation that will be due within the next 12 months.
2 - Payment of a 4-year term loan due this year - A current liability as the payment is due within the next 12 months.
3 - Salaries payable - A current liability as it is an obligation to pay employees for work already performed, and the payment is due within the next payroll cycle.
4 - FICA taxes payable - A current liability as it is a tax liability that is due within the current year.
5 - Income taxes payable - A current liability as it is a tax liability that is due within the current year.
6 - Payment of a 30-year term loan due this year - A current liability as the payment is due within the next 12 months.
7 - Accounts payable - A current liability as it is an obligation to pay for goods or services that have already been received but not yet paid for, and the payment is due within the next payment cycle.
Items such as salaries payable, taxes payable, and accounts payable are examples of current liabilities, while long-term loans or mortgages are examples of long-term liabilities.
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Complete question:
1. Classify each of the following items as either :
A. Current liability B. Long-term liability C. Not a liability
1. 60-day promissory note.
2. Payment of a 4-year term loan due this year.
3. Salaries payable.
4. FICA taxes payable.
5. Income taxes payable.
6. Payment of a 30-year term loan due this year.
7. Accounts payable.
Business Law II, case discussion
Mardo, a brilliant clothing designer, contracted to work for
Texture, a textiles company that is world famous for its superb
materials. A clause in the employment cont
In a case discussion, it would be important to analyze the relevant facts, legal issues, and potential outcomes based on the law and any prior cases that may be relevant.
What is the step by step explaination of the answer?
Here's a step-by-step explanation:
1. Mardo and Texture entered into an employment contract, where Mardo agreed to work as a clothing designer for Texture.
2. Within the employment contract, there was a clause. However, the clause is not provided in the question. To proceed with the case discussion, it would be essential to know the specifics of this clause.
3. Assuming the clause has a significant impact on the case, we need to analyze the legality and enforceability of the clause. If it is a non-compete clause or an intellectual property clause, for example, the discussion would focus on whether such a clause is reasonable and complies with applicable laws and regulations.
4. Additionally, it would be important to assess if both parties, Mardo and Texture, have fulfilled their contractual obligations, and if there have been any breaches of contract.
5. In case of a breach, the remedies available to the aggrieved party should be discussed. These remedies could include damages, specific performance, or even termination of the contract, depending on the nature and extent of the breach.
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On January 1, Year 1, Praire Enterprises purchased a parcel of land for $14.200 cash. At the time of purchase, the company planned to use the land for a warehouse site In Year 3. Pratrie Enterprises changed its plans and sold the land. Required a. Assume that the land was sold for $15.762 in Year 3. (1) Show the effect of the sale on the accounting equation (2) What amount would Praire report on the Year 3 Income statement related to the sale of the land? (3) What amount would Prairie report on the Year 3 statement of cash flows related to the sale of the land? b. Assume that the land was sold for $13,348 In Year 3. (1) Show the effect of the sale on the accounting equation (2) What amount would Praire report on the Year 3 income statement related to the sale of the land? (3) What amount would Prairie report on the Year 3 statement of cash flows related to the sale of the land?
The sale of a piece of land by Prairie Enterprises which was purchased for $14,200 in cash on January 1, Year 1, with the initial plan to use it for a warehouse site in Year 3. However, Prairie Enterprises changed its plans and decided to sell the land in Year 3 for $15,762.
a.
(1) Effect of the sale on the accounting equation:
Year 1:
Cash - $14,200 | Land - $14,200
Year 3:
Cash + $15,762 | Land - $14,200 | Gain on sale of land +$1,562
(2) Prairie would report a gain on the Year 3 income statement related to the sale of the land of $1,562 ($15,762 - $14,200).
(3) Prairie would report a cash inflow from the sale of the land of $15,762 on the Year 3 statement of cash flows.
b. If the land was sold for $13,348 In Year 3,
(1) Effect of the sale on the accounting equation:
Year 1:
Cash - $14,200 | Land - $14,200
Year 3:
Cash + $13,348 | Land - $14,200 | Loss on sale of land -$852
(2) Prairie would report a loss on the Year 3 income statement related to the sale of the land of $852 ($13,348 - $14,200).
(3) Prairie would report a cash inflow from the sale of the land of $13,348 on the Year 3 statement of cash flows.
The problem presents two scenarios for the sale of land by Prairie Enterprises. In both cases, Prairie Enterprises purchased land for $14,200 cash in Year 1 with the intent to use it as a warehouse site in Year 3. However, Prairie Enterprises changed its plans and sold the land in Year 3.
In scenario (a), the land was sold for $15,762 in Year 3. This means that Prairie Enterprises earned a gain on the sale of the land. The effect of this sale on the accounting equation is an increase in cash of $15,762 and a decrease in land of $14,200, resulting in a net increase in equity of $1,562.
This is because the land was initially purchased for $14,200, but was sold for $15,762, resulting in a gain of $1,562. On the Year 3 income statement, Prairie Enterprises would report a gain of $1,562 related to the sale of the land. On the Year 3 statement of cash flows, Prairie Enterprises would report a cash inflow of $15,762 related to the sale of the land.
In scenario (b), the land was sold for $13,348 in Year 3. This means that Prairie Enterprises incurred a loss on the sale of the land. The effect of this sale on the accounting equation is a decrease in cash of $13,348 and a decrease in land of $14,200, resulting in a net decrease in equity of $852.
This is because the land was initially purchased for $14,200, but was sold for $13,348, resulting in a loss of $852. On the Year 3 income statement, Prairie Enterprises would report a loss of $852 related to the sale of the land. On the Year 3 statement of cash flows, Prairie Enterprises would report a cash inflow of $13,348 related to the sale of the land.
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in a prisoner’s dilemma situation where firms are setting prices, the dominant strategy is always to charge the price that leads to maximum profits for all firms. True or False
False. The dominant strategy in a prisoner's dilemma situation where firms are setting prices is not always to charge the price that leads to maximum profits for all firms.
In a prisoner's dilemma, each firm has an incentive to undercut the other's price to gain a larger market share and increase profits. However, if both firms follow this strategy, they will end up in a Nash equilibrium where both firms are worse off than if they had both charged a higher price.
Therefore, the dominant strategy in this situation is for each firm to charge a low price to gain a larger market share, even though both firms would be better off if they both charged a higher price.
This results in a suboptimal outcome for both firms, known as the prisoner's dilemma paradox. In such cases, cooperation between the firms can result in a better outcome for both firms.
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Which of the following best describes the two parts of the value chain--the supply and demand components?
A) The supply components are the inputs to production and the demand components are the outputs send to the next link in the chain.
B) The supply component refers to the accumulated orders from multi-tiered vendors. The demand component are the accumulated customer orders.
C) The supply component starts at raw material and ends in the organization. The demand component is from delivery of output to the final customer.
The supply component starts at raw material and ends in the organization. The demand component is from delivery of output to the final customer best describes the two parts of the value chain.
The value chain is a concept developed by Michael Porter to describe the different activities that a company performs in order to create value for its customers. The value chain is divided into two main parts: the supply chain and the demand chain.
The supply chain refers to the activities involved in producing and delivering a product or service, starting from the acquisition of raw materials and ending with the delivery of finished products to the organization. The supply chain includes all of the processes involved in the production and delivery of the product
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Large to midsized companies sometimes use ____ to scan resumes, searching for keywords to determine if you are qualified for the position.
Large to midsized companies sometimes use Applicant Tracking Systems (ATS) to scan resumes, searching for keywords to determine if you are qualified for the position.
These systems allow companies to streamline their hiring process by automatically filtering out candidates who do not meet the required qualifications or skills. As a job seeker, it is important to tailor your resume with relevant keywords that match the job description in order to increase your chances of getting past the initial screening process. Additionally, it is also important to make sure that your resume is formatted in a way that is easily readable by the ATS, such as using standard fonts and avoiding images or graphics. By understanding how ATS works, you can increase your chances of landing an interview and ultimately, the job.
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Central Canada Steel (CCS) was formed 5 years ago to exploit a new continuous- casting process. SSC's founders, Donald Brown and Margo LaPointe, had been employed in the research department of a major integrated-steel company, but when that company decided against using the new process, they decided to strike out on their own. One advantage of the new process was that it required relatively little capital in comparison with the typical steel company, so Brown and Lapointe have been able to avoid issuing new stock, and thus they own all of the shares. However, SSC has now reached the stage where outside equity capital is necessary if the firm is to achieve its growth targets yet still maintain its target capital structure of 60 percent equity and 40 percent debt.
Securing outside equity capital is a critical step for CCS to achieve its growth targets while maintaining its target capital structure.
Equity capital refers to the funds that a company raises from shareholders in exchange for ownership in the company. It is a source of long-term financing that does not require the company to make regular interest payments, unlike debt financing.
Central Canada Steel (CCS) has now reached a point where it needs outside equity capital to achieve its growth targets and maintain its target capital structure of 60 percent equity and 40 percent debt. This means that the company needs to raise funds from external investors to finance its expansion plans.
Raising equity capital can be a challenging process, but there are several options available to CCS. The company could consider an initial public offering (IPO) to sell shares to the public and raise the necessary funds. Alternatively, it could approach private equity firms or venture capitalists to invest in the company in exchange for a share of the ownership.
Regardless of the method chosen, CCS needs to ensure that it maintains its target capital structure of 60 percent equity and 40 percent debt. This means that any new equity capital raised must be balanced with an appropriate level of debt financing.
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Natasha bought a house with a mortgage of $307,000. The mortgage is being financed with an interest rate of 5.36% compounded monthly. Natasha will make payments of $2,477. How many payments will Natasha have to make to repay the mortgage? paynent(s)
While Natasha has to make to repay the mortgage of $307,000 with an interest rate of 5.36% compounded monthly and making payments of $2,477, she shall have to make 253 payments.
We'll use the mortgage payment formula:N = -(log(1 - (r * P) / M) / log(1 + r)) Where:
N = number of payments
P = principal (mortgage amount) = $307,000
r = monthly interest rate = (5.36% / 100) / 12 = 0.0536 / 12 = 0.00447
M = monthly payment amount = $2,477
1. Plug the values into the formula:
N = -(log(1 - (0.00447 * 307,000) / 2,477) / log(1 + 0.00447))
2. Calculate the expression inside the parentheses:
(0.00447 * 307,000) / 2,477 = 0.67569
3. Subtract this value from 1:
1 - 0.67569 = 0.32431
4. Calculate the logarithm of the result:
log(0.32431) = -0.48957
5. Calculate the logarithm of (1 + 0.00447):
log(1.00447) = 0.00194
6. Divide the two logarithms:
-0.48957 / 0.00194 = -252.55
Since we cannot have a fraction of a payment, Natasha will need to make 253 payments to repay the mortgage.
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at the end of the current year, using the aging of accounts receivable method, management estimated that $15,750 of the accounts receivable balance would be uncollectible. prior to any year-end adjustments, the allowance for doubtful accounts had a debit balance of $375. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense? multiple choice account title debit credit bad debts expense 15,750 allowance for doubtful accounts 15,750 account title debit credit bad debts expense 15,375 allowance for doubtful accounts 15,375 account title debit credit bad debts expense 16,125 allowance for doubtful accounts 16,125 account title debit credit accounts receivable 15,750 bad debts expense 375 sales 16,125 account title debit credit accounts receivable 16,125 allowance for doubtful accounts 16,125
The debit balance in the allowance for doubtful accounts indicates that the current balance is not sufficient to cover the estimated uncollectible amount, hence, the company needs to increase the allowance by debiting bad debts expense.
The correct adjusting entry that the company should make at the end of the current year to record its estimated bad debts expense is:
Account Title Debit Credit
Bad Debts Expense 15,375
Allowance for Doubtful Accounts 15,375
This entry will increase the allowance for doubtful accounts to cover the estimated amount of uncollectible accounts receivable. The other options are incorrect because they do not reflect the correct amount of estimated bad debts expense or do not account for the existing debit balance in the allowance for doubtful accounts.
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the broadcast media in the united states can be described as: multiple choices :
a. decentralized b. centralized c. less competitive than newspapers d.owned and operated with a national audience in mind
The broadcast media in the United States can be described as decentralized. The correct answer is option a.
There are many different types of broadcast media in the United States, including local television stations, radio stations, and cable television networks.
These media outlets are typically owned and operated by a wide range of companies and individuals, which means that the industry is highly decentralized.
While there are certainly some large media conglomerates that own multiple broadcast outlets, there is still a significant amount of competition and diversity in the industry.
This decentralization has led to a variety of viewpoints and perspectives being represented in the media, which is a hallmark of a free and open society. The correct answer is option a.
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agency is a legal relationship in which the parties agree, in some form, that one party will act as a(n)____for another party, called the____, subject to the control of a principal.
Agency is a legal relationship in which the parties agree, in some form, that one party will act as a(n) agent for another party, called the principal, subject to the control of the principal.
The agent is authorized to act on behalf of the principal and has a duty to act in the best interests of the principal. The principal retains control over the actions of the agent and is responsible for any legal obligations or liabilities incurred by the agent in the course of acting on their behalf. The relationship between the principal and agent is one of trust and confidence, and the agent must act with the utmost care and loyalty to the principal.
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Identify the purpose of an office automation system.
A) to create, store, analyze, and manage spatial data
B) to provide access to databases in order to support quantitative decision making
C) to support a wide range of predefined day-to-day activities of individuals and small groups
D) to support interaction between the firm and its customers
E) to enable customers to buy goods and services from a firm's Web site
An office automation system's main goal is to enable a broad variety of daily tasks that are established for both individuals and small groups. Option C is Correct.
Just a small number of firms employ transaction processing systems (TPS) to handle consumer transactions more quickly. Understanding information, developing views, and basing judgements or predictions on it are all aspects of knowledge.
Because another organisation can complete these minor jobs more effectively than the company itself, outsourcing non-core operations can increase productivity and efficiency. Also, this approach may boost industry competition, shorten turnaround times, and reduce overall operating costs. Option C is Correct.
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The Confederacy's primary mechanism for generating revenue during the Civil War was to:
a. Raise taxes.
b. Increase trade and gain more money from exports.
c. Borrow more money.
d. Print more money.
The Confederacy's primary mechanism for generating revenue during the Civil War was to: d. Print more money. During the Civil War, the Confederacy faced difficulties raising revenue through taxes or increasing trade due to economic and logistical challenges.
The Confederacy faced numerous challenges in financing their war efforts. Their primary mechanism for generating revenue was indeed to print more money. As a newly formed government, the Confederacy lacked a strong financial system, which limited their options for raising funds. Printing more money, also known as issuing paper currency, became the go-to method for addressing financial needs. This approach, however, led to severe consequences. As the Confederacy continued to print more money to finance the war, it resulted in rapid inflation. The value of the Confederate dollar significantly decreased, which in turn reduced the purchasing power of individuals and businesses within the Confederacy. This ultimately hurt the economy and weakened the Confederate war effort.
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which of the following statements correctly describes the practices regarding customer privacy in the u.s.? in the united states, americans rely upon federal government to protect consumer privacy current legislation in the u.s. for consumer privacy forces strict protection of consumer privacy in retailing. the united states has more stringent consumer privacy laws than the european union. in the u.s., the opt-out policy is applied when consumers' personal information is collected and used. in the u.s., personal information is generally viewed as being in the public domain, and retailers can use it in any way they desire.
In the United States, the practices regarding consumer privacy are a combination of federal government regulations and individual company policies. Americans rely on the federal government to protect their privacy through various legislation, such as the Health Insurance Portability and Accountability Act (HIPAA) for healthcare data and the Fair Credit Reporting Act (FCRA) for credit information. However, the US does not have a comprehensive federal privacy law that enforces strict protection of consumer privacy across all industries. Instead, it focuses on sector-specific regulations that provide varying levels of privacy protection. As a result, the opt-out policy is often applied, where consumers need to explicitly request their personal information not to be collected or used.
Comparatively, the European Union has implemented the General Data Protection Regulation (GDPR), which provides more stringent consumer privacy protection than the US. GDPR applies to all organizations operating within the EU, ensuring a uniform standard of data protection.
In the US, personal information is not generally considered to be in the public domain, and retailers cannot use it in any way they desire. However, the absence of a comprehensive privacy law means that practices can vary significantly between companies and industries. Consumers must be proactive in understanding how their data is being used and take necessary steps to protect their privacy.
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an fi purchases at par value a $100,000 eurobond paying 10 percent interest with a 7.5 year duration. if interest rates rise by 4 percent, calculate the bond's new value. recall that eurobonds pay interest annually. use the duration valuation equation.
The new value of the bond is $53,443.55.
To calculate the new value of the bond, we can use the duration valuation equation:
New Bond Price = (Annual Interest Payment / (1 + Yield)) + (Face Value / (1 + Yield)^Duration)
where:
Annual Interest Payment = $100,000 * 10% = $10,000
Yield = 10% + 4% = 14% (since interest rates have risen by 4%)
Duration = 7.5 years
Substituting these values into the equation, we get:
New Bond Price = ($10,000 / (1 + 0.14)) + ($100,000 / (1 + 0.14)^7.5)
New Bond Price = ($8,771.93) + ($44,671.62)
New Bond Price = $53,443.55
Therefore, the new value of the bond is $53,443.55.
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Dania is at a party with some of her sorority sisters. Biff walks in and begins to dance like a chicken. Since Dania and the rest of her sorority sisters did not want to be left out, they began to dance like chickens as well. This example best illustrates the influence of which communication characteristic(s) on conformity?
The example described best illustrates the influence of normative conformity on the behavior of Dania and her sorority sisters.
Normative conformity refers to the tendency of people to conform to the norms and expectations of a group in order to fit in, gain social approval, and avoid rejection or disapproval. In this example, Biff's behavior of dancing like a chicken was unexpected and perhaps even socially inappropriate in the context of a party. However, when Dania and her sorority sisters saw that Biff's behavior was being accepted and even encouraged by the others in the group, they felt pressure to conform to the group's norm and join in the behavior.
The desire to fit in and gain social approval is a key factor in normative conformity. In this case, Dania and her sorority sisters conformed to the group's norm of dancing like a chicken in order to avoid being left out or rejected by the group. This illustrates the influence of normative conformity on the behavior of individuals in a group setting.
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Everyone in the office noticed what a dedicated employee Carley is she never even takes a vacation. Caley is in charge of the petty cash fund. She transfers funds from the companys account yo the bank account on a need basis. During a srprise audit, the petty cash fund was found to contain fictitious receipts. Over a three year period , Caley had used more than$ 4000 of petty cash to pay for personal expense. What internal control procedures that would have prevented this?
A combination of these internal control procedures would help prevent or detect any misuse of the petty cash fund.
There are several internal control procedures that could have prevented Carley from misusing the petty cash fund:
1. Separation of duties: Ideally, there should be more than one person responsible for handling the petty cash fund. This could include having a second person review and approve any transfers or disbursements from the fund.
2. Regular audits: Surprise audits or regular audits of the petty cash fund can help detect any discrepancies or fraudulent activity. In this case, the fictitious receipts may have been discovered earlier if there had been regular audits of the petty cash fund.
3. Receipts and documentation: All transactions from the petty cash fund should be properly documented with receipts and other supporting documentation. This documentation should be reviewed regularly and compared to the funds in the petty cash fund.
4. Limits on disbursements: Limits on the amount of funds that can be disbursed from the petty cash fund can help prevent employees from using the fund for personal expenses.
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when must a salesperson give his broker the escrow money
When must a salesperson give his broker the escrow money is managed by the broker.
An escrow account is a neutral account where the money is kept until the transaction is closed, and it is managed by a third-party, usually a broker or an attorney.
This is because the broker is the one responsible for managing the escrow account, and they are required by law to keep the funds separate from their own funds and the funds of other clients.
By depositing the escrow money with their broker, the salesperson is fulfilling their obligation to keep the funds safe and secure until the transaction is complete.
It is important to note that the salesperson does not have the authority to use the escrow funds for any other purpose or to release them without the consent of both parties involved in the transaction. Doing so would be a violation of the law and could result in legal consequences.
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arianna purchased a personal residence for $180,000, and insured it for the full replacement value. it had a fair market value of $195,000 when it was damaged by a wildfire (declared natural disaster by the president). the fair market value after the fire was $155,000, and arianna received insurance proceeds of $15,000. what is the net amount of casualty loss that arianna can deduct if her adjusted gross income is $80,000? a. $0. b. $16,900. c. $17,000. d. $25,000.
The net amount of casualty loss that Arianna can deduct is $17,000 (option c).
The casualty loss is calculated as the lesser of the decrease in fair market value of the property or the adjusted basis of the property (which is the original cost of the property, in this case, $180,000), reduced by any insurance proceeds received.
Decrease in fair market value = Fair market value before the fire - Fair market value after the fire
= $195,000 - $155,000
= $40,000
Adjusted basis of the property = Purchase price
= $180,000
Casualty loss = Lesser of decrease in fair market value or adjusted basis of the property
= Lesser of $40,000 or $180,000
= $40,000
Since Arianna received insurance proceeds of $15,000, the net amount of casualty loss that she can deduct is $25,000 ($40,000 - $15,000).
However, casualty losses are subject to a deductible amount, which is calculated as 10% of the adjusted gross income (AGI) for the year in which the casualty occurred. In this case, Arianna's AGI is $80,000, so the deductible amount would be $8,000 (10% of $80,000). Therefore, the net amount of casualty loss that Arianna can deduct is $17,000 ($25,000 - $8,000),
Therefore, the correct answer is option c.
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Within the context of BCG portfolio analysis, how are cash cows identified:O Products and services that appear in the high market growth and high market share quadrant. O Products and services that appear in the low market growth and high market share quadrant O Products and services that appear in the low market growth and low market share quadrant. O Products and services that appear in the high market growth and low market share quadrant
In context to the BCG portfolio analysis, the identification of cash cows is done on the basis of the products as well as services which happen to appear in the low market growth as well as the high market share quadrant.
The correct option is option b.
The Boston Consulting Group Matrix or the BCG Matrix, which is also sometimes known as the product portfolio matrix, is basically a business planning tool which is basically used to evaluate the strategic position of the portfolio of a firm’s brand.
The cash cows identification is done on the basis of the services and the products which appear in the low market growth as well as high market share quadrant.
Hence, the correct option is option b.
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adverse impact is a critical issue in understanding the implementation of selection procedures. true false
True. adverse impact refers to the poor impact that a variety process, along with a hiring test or interview, may additionally have on a specific organization of humans, which include women or minorities.
Damaging impact is a essential difficulty in understanding the implementation of selection methods due to the fact it can cause discrimination and unequal opportunities in employment. Federal laws, which include name VII of the Civil Rights Act, restrict employers from the usage of selection methods that have a disparate impact on included agencies.
Consequently, it's far crucial for corporations to regularly evaluate their choice strategies to make certain they're truthful and independent. This consists of analyzing the records on the choice manner to determine whether any agencies are disproportionately excluded or negatively impacted, and taking steps to address any troubles that are identified.
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True. Adverse impact is a critical issue in understanding the implementation of selection procedures is correct.
A protected class will suffer from an adverse impact if a selection process is unjust and biassed. It happens when someone from a protected group is treated unfairly during a hiring or promotion decision.
Race, sex, age (40 and over), religion, status as a person with a handicap, and veteran status are all protected classes in the US.
The percentage of applicants that are employed in the end can be used to gauge the negative impact of hiring, or it can be broken down by each phase that excludes candidates (interview, pre-hire assessment, resume screening).
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A change control system needs to be established to define how changes will be documented, approved, and communicated. The project team or contractor must avoid scope creep, which is informally making changes to the project scope without appropriate approval. a.True b.False c.Not always necessary
a. True. A change control system needs to be established to define how changes will be documented, approved, and communicated. The project team or contractor must avoid scope creep, which is informally making changes to the project scope without appropriate approval is True
A change control system is essential for defining how changes in a project will be documented, approved, and communicated. This process helps in maintaining control over the project and prevent scope creep. Scope creep occurs when informal changes are made to the project scope without appropriate approval, which can lead to delays, increased costs, and other negative consequences.
By having a well-defined change control system in place, the project team or contractor can ensure that any changes to the project scope are carefully considered, documented, and approved by the appropriate b before being implemented.
It is true that a change control system needs to be established to avoid scope creep and maintain control over the project. This ensures that any changes are appropriately documented, approved, and communicated, ultimately contributing to the project's success.
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The Fair Credit Reporting Act passed in 1970 required that credit bureaus do
which of the following?
O A. Raise the credit score of all Americans upon request.
B. Provide all Americans free copies of their credit reports yearly.
OC. Call consumers to alert them when their credit score lowers.
D. Provide all employers with the credit scores of their employees.
The Fair Credit Reporting Act passed in 1970 required that credit bureaus do
C. Call consumers to alert them when their credit score lowers.What is Fair Credit Reporting Act (FCRA)?The Fair Credit Reporting Act (FCRA), which was passed in 1970 in the United States, includes provisions aimed at regulating the collection, accuracy, and use of credit information by credit bureaus.
One of the key requirements of the FCRA is that credit bureaus are required to provide all Americans with free copies of their credit reports on a yearly basis.
The FCRA also outlines other consumer protections related to credit reporting, such as the right to dispute inaccurate information, the requirement for credit bureaus to investigate and correct errors, and the need for consumer consent for the release of credit information to employers or other parties.
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Moving along an indifference curve, from one bundle to another, a consumer gains 1 unit of X and gives up 3 units of Y. The marginal rate of substitution is_____________ between goods X and Y
Moving along an indifference curve, from one bundle to another, a consumer gains 1 unit of X and gives up 3 units of Y. This means that the consumer is willing to sacrifice 3 units of Y in order to gain 1 unit of X, and still remain equally satisfied or indifferent. The marginal rate of substitution (MRS) is the amount of one good that a consumer is willing to give up in order to obtain an additional unit of another good, while maintaining the same level of satisfaction.
In this case, the MRS between goods X and Y can be calculated as the ratio of the change in the quantity of Y to the change in the quantity of X. Since the consumer is giving up 3 units of Y to gain 1 unit of X, the MRS is 3:1. This means that the consumer is willing to give up 3 units of Y for every 1 unit of X they obtain, while still remaining indifferent.
The concept of MRS is important in understanding consumer behavior and preferences. It helps us understand how consumers make trade-offs between different goods and services, and how changes in prices or income can affect their choices. When the MRS between two goods is constant, it implies that the consumer has a fixed preference for those goods, and is willing to substitute one for the other at a constant rate. However, if the MRS varies along the indifference curve, it suggests that the consumer's preferences are not fixed, and that they may value one good more than another at different levels of consumption.
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why should gaining credibility from colleagues, clients, customers, and other contacts be one of your first goals? multiple choice you need to see if others trust you before you can decide if you trust them. in the business world, you often start from a deficit of trust. trust in business is at an all-time high so you need to match these standards. gaining credibility is the first step to getting ahead in your career. as your credibility increases, so will your extrinsic rewards.
The correct answer is: gaining credibility is the first step to getting ahead in your career. As your credibility increases, so will your extrinsic rewards.
Gaining credibility from colleagues, clients, customers, and other contacts is important because it establishes trust and builds a strong foundation for future relationships. Without credibility, it is difficult to gain the trust of others and make meaningful connections. This is especially important in the business world, where trust can be difficult to come by. By prioritizing credibility, individuals can establish themselves as reliable and trustworthy, which can lead to career advancement and increased rewards. In short, credibility is a key factor in building a successful career. Gaining credibility is the first step to getting ahead in your career. As your credibility increases, so will your extrinsic rewards.
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Chapter 8 Practice Questions with a 1. Investinent risk is related to the of actually earning low or negative returns; the greater the chance of low or negative returns, the riskier the investment. 2. A listing of all possible probability assigned to each, is known as a probability
Investment risk is the likelihood of experiencing a loss or earning a low return on investment. It's important to understand the level of risk associated with an investment before making a decision to invest.
Generally, the greater the chance of low or negative returns, the riskier the investment.
Probability is the likelihood of a particular outcome occurring. It can be expressed as a fraction or percentage. When investing, it's important to consider the probability of different outcomes in order to make informed decisions. A listing of all possible probabilities assigned to each outcome is known as a probability distribution.
So, in summary, investment risk is related to the probability of actually earning low or negative returns, and understanding the probability distribution of potential outcomes can help investors make informed decisions about their investments.
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