Opportunity cost is defined as question content area bottom part 1 the highest valued alternative that must be given up to engage in an activity. (D)
Opportunity cost is the cost of an activity measured in terms of the next best alternative that was not chosen. It is a way of evaluating the cost of a decision by looking at the value of the next best option.
For example, if you decide to go to a concert, the opportunity cost is the cost of the ticket plus the value of the best alternative activity you could have chosen instead, such as seeing a movie or staying at home and reading a book.
The opportunity cost of any decision is the most valuable option that you must give up in order to engage in the chosen activity.(D)
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two countries that specialize where they have a comparative advantage and then trade with each other will experience increases in: i. wages in both countries. ii. total output in both countries. iii. living standards in both countries.
In this scenario, it is expected that wages in both countries will increase, as well as total output in both countries. Additionally, living standards in both countries will increase, as the wages and total output of each country are increased.
The concept of countries specializing in production where they have a comparative advantage, and then trading with each other, is an important element of economics. When a country specializes in a certain area of production, it is able to produce more in a shorter amount of time, thus increasing efficiency.
This increased efficiency leads to increased wages in the country. Increased wages, in turn, lead to higher living standards, as citizens are able to purchase more goods and services with their increased wages. The increased efficiency of production also leads to increased total output in the countries. This increased output is an important factor when considering the economic situation of a country, as it is directly related to their Gross Domestic Product.
In conclusion, when two countries specialize in production where they have a comparative advantage and then trade with each other, it is expected that wages, total output, and living standards in both countries will increase.
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with respect to change leadership, which of the following implies initiation of change from senior management? group of answer choices organic change top-down change bottom-up change incremental change frame-bending change
Top-down change implies initiation of change from senior management with respect to change leadership.
What's Top-down changeTop-down change, in the context of change leadership, is a type of change in which changes are initiated by senior management, executives, or higher-level authorities. The change takes place as an authority gives directives or instructions to the subordinates. The changes follow a rigid structure where orders and commands are passed down from higher to lower-level employees.
Top-down change is one of the five types of change in change leadership, the other four being bottom-up change, organic change, frame-bending change, and incremental change. It is used when there is a need for immediate and large-scale change, such as during a crisis situation, a shift in business strategy, or a merger or acquisition.
In a top-down change, leaders communicate the desired change and motivate the employees to accept and embrace it. They provide a clear and comprehensive plan of action and delegate responsibilities to the subordinates to implement the change. The employees, in turn, are expected to follow the directives of the leaders and contribute to the change process.
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the focus of early stages new venture development is to
The focus of early stages of new venture development is to identify a market opportunity and determine whether the idea is feasible and profitable. This includes conducting market research, developing a business plan, and securing funding.
At the early phases of new venture development, a process of market opportunity identification and concept viability assessment is involved. Doing market research to identify the requirements and preferences of potential consumers and assessing the viability of the company concept are the main objectives. This process include creating a business plan that details the goals and structure of the new company endeavour as well as any prospective expenses and profits. In early-stage new venture creation, obtaining capital is also essential since it enables entrepreneurs to spend money on the tools and infrastructure they need to start their company. In order to maximise the likelihood of success, meticulous planning, research, and strategic decision-making are needed throughout the first phases of new venture development.
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an auditor selects a sample of recorded cash receipts and vouches them to accounts receivable and customer orders. this procedure is relevant to which assertion? completeness. existence. cutoff. occurrence.
The procedure of selecting a sample of recorded cash receipts and vouching them to accounts receivable and customer orders is relevant to the assertion of existence. Option B is the correct answer.
The existence assertion deals with whether the assets or liabilities recorded in the financial statements actually exist and are owned by the company at the balance sheet date. By vouching the cash receipts to accounts receivable and customer orders, the auditor is verifying whether the recorded receivables actually exist and are owned by the company.
If the auditor finds discrepancies between the recorded cash receipts and the corresponding accounts receivable and customer orders, it may indicate that some of the recorded receivables do not exist and the existence assertion has been violated. Thus, option B is the correct answer.
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While there is no specific number of comparables that is required for every appraisal assignment, how many comparable sales are considered adequate as long as the properties are very similar to the subject property? 5 3 1 10 Which of the following is not a typical event in the Procure to Pay business process? Identify a need Store and Maintain Goods Deliver Goods/Services to Customer All of these are typical events in the Procure to Pay process. Receive and Inspect Goods/Services from a Vendor
The number of comparable sales necessary for an appraisal assignment might vary depending on the circumstances, but typically, as long as the properties are extremely similar to the subject property.
a minimum of three comparable sales is deemed appropriate. However, in certain cases, more similar transactions may be necessary to provide an appropriate assessment of the subject property. The most comparable sales to the subject property should be carefully chosen by appraisers, and any variances should be properly adjusted for. The usual activities in the Procure to Pay business process include determining a need, keeping and storing products, providing goods and services to clients, and receiving and inspecting goods and services from a vendor.
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the opportunity cost of holding money part 2 a. refers to the amount of paper currency held by the fed. b. is measured by the alternative interest yield obtainable by holding some other asset. c. is based on the fiduciary monetary system. d. equals the amount paid for renting a house instead of buying it.
The opportunity cost of holding money (b) refers to the alternative interest yield obtainable by holding some other asset."
Opportunity cost is the cost of forgoing the next best alternative when making a decision. In the case of holding money, individuals or institutions give up the opportunity to earn interest or returns on other assets they could have invested in.
Therefore, the opportunity cost of holding money is the potential return that could have been earned by investing that money elsewhere.This opportunity cost is measured by the interest rate that could have been earned by holding an alternative asset, such as stocks, bonds, or real estate.
Higher interest rates on these assets imply a higher opportunity cost of holding money. As a result, when interest rates are high, people tend to hold less money in favor of higher-yielding assets, and vice versa when interest rates are low.
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an increase in the price of a complement would be represented by a change from part 2 a. a to b. b. b to a. c. d1 to d2. d. d2 to d1.
The correct answer would be option b. b to a. An increase in the price of a complement would be represented by a change from part 2a to part 2b. A decrease in the price of a complement would be represented by a change from part 2b to part 2a.
Let's discuss the given question with its options and then choose the correct one. An increase in the price of a complement would be represented by a change from which part? a. a to b.b. b to a.c. d1 to d2.d. d2 to d1. An increase in the price of a complement means a movement along the demand curve to the left. Due to this, the quantity demanded of the commodity goes down. The effect of a rise in the price of a complementary good has a negative effect on the demand for the good itself. As a result, the demand curve will shift to the left-hand side. However, if the price of the complementary good decreases, the demand for the good itself will increase. So the demand curve will shift to the right-hand side. Therefore, the correct answer would be option b. b to a.
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executives may use to review available information about one or more former situations to gain understanding of a current research with similar charcteristics. a. exploratory analysis b. case analysis c. experience research d. descriptive research
Case analysis may be used by executives to analyze existing knowledge on one or more previous cases in order to obtain a better grasp of such an existing research challenge with similar characteristics.
Social media platforms, by allowing access to unfiltered consumers perception, provide an easy means to gather background knowledge for the a topic, define words, explain difficulties and hypotheses, help identify research objectives.
Focus groups are among the most common experimental research strategies for gaining a better grasp of an actual subject or developing basic knowledge to impact the layout of description or causal investigation. Longitudinal studies and bridge investigations are the two main kinds of explanatory research investigations.
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"Complete question"
Since research situations typically have at least some similarities to a past situation, executives may use ________ to review available information about one or more former situations to gain understanding of a current research problem with similar characteristics.
A.) Exploratory analysis
B.) Case analysis
C.) Experience research
D.) Descriptive research
1.true or false? because auditors assess the internal controls of the organization, audited financial statements signify that fraud within the organization is not a concern.
False.
Audited financial statements do not signify that fraud within the organization is not a concern.
The auditors are responsible for assessing the internal controls of the organization, but their work does not guarantee that fraud has not occurred. Fraud can still happen despite the presence of strong internal controls.
Auditors are responsible for assessing the internal controls of the organization, but they cannot guarantee that fraud has not occurred. They can only provide reasonable assurance that the financial statements are free from material misstatement.
It is the responsibility of management to implement effective internal controls to prevent and detect fraud in the organization. The auditors are only responsible for providing an opinion on the financial statements based on their assessment of the internal controls and their audit procedures.
Therefore, it is important for organizations to have a strong internal control system in place to prevent and detect fraud, but the presence of auditors and audited financial statements does not guarantee that fraud has not occurred.
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.The purchasing power of the $20 bill increases over time due to inflation. Group of answer choices True False
It is highly inappropriate and completely incorrect to be mentioning that the purchasing power of $20 bill increase due to inflation over time. Therefore, the said statement holds false.
The purchasing power can be taken into general interpretation of understanding as a byproduct of inflation. As per the general economic principles, the purchasing power of money decreases when the inflation is on the rise. As a result, it may also be stated that there exists an indirect relationship between inflation and the purchasing power of money.
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Complete question
True Or False
The purchasing power of the $20 bill increases over time due to inflation.
derrick is deciding between investing in a municipal bond with an interest rate of 2.37% and a corporate bond. derrick's marginal tax rate is 21%. for what interest rate on the corporate bond will derrick be indifferent between investing in the municipal bond and the corporate bond
At 2.9706% interest rate on the corporate bond, Derrick be indifferent between investing in the municipal bond and the corporate bond.
Derrick will be indifferent between investing in the municipal bond and the corporate bond when the corporate bond's interest rate is equal to the municipal bond's after-tax return. To calculate this after-tax return, you can use the following equation: After-Tax Return = Interest Rate * (1 - Marginal Tax Rate)
In this case, this would mean that the corporate bond would need to have an interest rate of 2.9706% in order for Derrick to be indifferent. To calculate this, first calculate the after-tax return of the municipal bond. The equation for this is:
Municipal Bond After-Tax Return = 2.37% * (1 - 0.21)
This would give Derrick an after-tax return of 1.8714%.
The corporate bond would need to have an interest rate that is equal to the municipal bond's after-tax return in order for Derrick to be indifferent. To calculate this, use the same equation used to calculate the municipal bond's after-tax return, but solve for the interest rate:
Corporate Bond Interest Rate = After-Tax Return / (1 - Marginal Tax Rate)
In this case, the equation would be: Corporate Bond Interest Rate = 1.8714% / (1 - 0.21)
The corporate bond's interest rate would need to be 2.9706% for Derrick to be indifferent.
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The first document that must be completed when opening a checking account is the
Deposit slip
Check register
Signature card
The first document that must be completed when opening a checking account is the signature card.
The signature card is the first form a client must finish when opening a checking account at a bank. The name, address, Social Security number, and signature of the consumer are all included on this card. The bank uses the signature card to confirm the client's identification and confirm that their signature matches the one on file. The signature card is also employed for authorization needs. It gives the account holder permission to withdraw money from the account, write cheques, and carry out other tasks. The signature card is therefore a crucial step in creating a checking account, and it is crucial to make sure that the data given is valid and current.
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sunset, inc. is attempting to assess its degree of economic exposure in british pounds. in order to do so, it has applied regression analysis to determine whether the percentage change in its total cash flow is related to the percentage change in the pound. a and statistically significant slope coefficient resulting from this analysis implies that the cash flows are related to the percentage changes in the pound. question 9 options: positive; positively positive; negatively none of these b and c negative; positively
The correct answer is "a. positive"Explanation:When the slope coefficient is positive, it means that the cash flows are positively related to the percentage changes in the pound.
The given question is talking about the relationship between the cash flows and the percentage changes in the pound. Sunset, Inc. is trying to assess its economic exposure in British pounds. In order to do so, they have applied regression analysis to check whether the percentage change in total cash flow is related to the percentage change in the pound.
So, let's see which option is correct.A and statistically significant slope coefficient resulting from this analysis implies that the cash flows are [positive; negatively] related to the percentage changes in the pound.
The correct answer is "a. positive"Explanation:When the slope coefficient is positive, it means that the cash flows are positively related to the percentage changes in the pound. It means that if the pound falls in value, the cash flows of the company will fall as well.
Similarly, if the pound increases in value, the cash flows of the company will increase as well. In other words, the percentage change in cash flows will be in the same direction as the percentage change in the pound. Therefore, option A is correct.
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which of the following accounts is a budgetary account of a governmental fund? group of answer choices encumbrances. other financing sources. appropriations. expenditures.
The right response is "Encumbrances." Governmental funds are used to record obligations connected to purchase orders or contracts for products or services that have not yet been received or paid for in a budgetary account called encumbrances.
Governmental organisations employ a specific category of accounts called budgetary accounts to monitor and manage their budgets. They are used to document the anticipated sums of income, expenses, and other financial transactions for a given time frame, such as a fiscal year. To monitor and manage the use of financial resources and make sure that real expenditures and income do not exceed the budgeted amounts, budgetary accounts are used. They also aid in giving taxpayers and other stakeholders financial responsibility and transparency. Appropriations, encumbrances, and expected income are a few examples of budgeting accounts in public funds. For the public sector to practise efficient financial management, it is crucial to comprehend budgetary accounts.
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maintaining close coordination of value chain functions such as engineering, manufacturing, and marketing throughout a product development is best achieved through using
The ideal strategy to ensure close coordination of value chain functions like engineering, production, and marketing throughout a product development process is to form cross-functional teams with members from several functional areas.
What steps should be taken to manage the corporate value chain effectively?The marketing department should put more emphasis on customer needs than product types in order to manage the company's value chain successfully.
Is the process of creating an action plan one that a company can use to accomplish its objectives?What exactly is a strategic plan. The process of identifying an organization's direction and long-term goals, developing precise plans to attain those goals, putting those plans into action, and then assessing the results is known as strategic planning.
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when the u.s. dollar depreciates against the japanese yen, the u.s. financial account deficit: please choose the correct answer from the following choices, and then select the submit answer button. answer choices fluctuates, because the financial account deficit is unrelated to currency valuations. remains the same. decreases. increases.
The US financial account deficit.When the US dollar depreciates against the Japanese yen.
If the US dollar depreciates against the Japanese yen, it means that the dollar is now worth less compared to the yen. This would cause the US exports to become cheaper and more competitive, while the imports become more expensive.
As a result, the demand for US exports would increase, and the demand for Japanese imports would decrease.The increase in US exports and decrease in Japanese imports will result in more dollars flowing into the US economy than flowing out, which would increase the financial account surplus.
Conversely, the decrease in US exports and increase in Japanese imports would result in more dollars flowing out of the US economy than flowing in, which would increase the financial account deficit. Therefore, when the US dollar depreciates against the Japanese yen, the US financial account deficit increases.
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which statement is true of extranets? a. they increase internetworking costs for companies, which subsequently leads to increased losses. b. they help organizations move from a calendar-based document-publishing strategy to one that is based on events. c. they are a type of public network that can be accessed without any specific rights. d. they facilitate information exchange among business partners.
The statement that is true of extranets is that they facilitate information exchange among business partners. Option D is the correct answer.
An extranet is a network that is designed to facilitate communication between a business and its partners, customers, and suppliers. An extranet is a network that is open to certain external users but closed to the general public.
An extranet is a private network that uses internet technology to enable authorized people or organizations to access the intranet of another organization. The primary goal of an extranet is to allow business partners, suppliers, and customers to work together more effectively by sharing documents, data, and applications while maintaining security, privacy, and control.
Extranets are used to facilitate communication and collaboration among business partners, suppliers, and customers. They provide a secure, private network that enables authorized users to access the resources and information they need to work together more effectively. Thus, option D is the right answer.
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katie is much faster than her husband, brett, at putting up a tent and starting a fire. who should take care of these tasks on their camping trip if they want to maximize their time sitting around a campfire? group of answer choices they each have a comparative advantage in a particular task, and they should focus on doing that. katie can help brett when she finishes her task. they should complete both tasks together, sharing all the work. katie should complete both tasks because she is a more efficient worker. brett could watch and learn from her. katie should be in charge, directing the work while brett does it.
According to the theory of comparative advantage, they each have a comparative advantage in a particular task, and they should focus on doing that.
Katie is much faster than her husband, Brett, at putting up a tent and starting a fire. Therefore, Katie should complete both tasks because she is a more efficient worker. Brett could watch and learn from her. Katie should be in charge, directing the work while Brett does it.
In economics, the theory of comparative advantage is used to describe the way in which two countries can benefit from trade by specializing in the production of the good in which they have a lower opportunity cost.
In other words, comparative advantage refers to the ability of a person, company, or country to produce a particular good or service at a lower opportunity cost than someone else.
Specialization allows people to focus on their areas of expertise, which can result in higher productivity, lower costs, and increased economic efficiency. This principle applies to individuals as well.
If Katie is more efficient at putting up the tent and starting a fire, then she should do these tasks, while Brett focuses on other tasks that he may be better suited for. This way, they can maximize their time sitting around the campfire.
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which scenario illustrates the principle of consistency?group of answer choicesmaribeth describes how that local cancer center has helped several colleagues, which is why the company supports it.maya asks volunteers to sign up by return email because then they will be more likely to carry through.
Because it has benefited her coworkers, Maribeth continually donates to the neighborhood cancer clinic, exemplifying the value of consistency.
The AIDA technique is the paradigm that is most successfully employed for mass marketing campaigns.The AIDA strategy, which stands for attention, interest, desire, and action, is the paradigm that works best for mass marketing messaging. This strategy must initially grab attention and should conclude with a clear call to action, much like other persuasive communications.
Which of the following persuasion factors most closely resembles the concept of credibility?The purpose of ethos is to persuade your audience that you are a trustworthy and authoritative figure so that they will believe what you have to say. Beginning your talk with an explanation of your ethos will help the audience believe what you have to say.
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cycle counting part 2 a. increases annual inventory adjustments. b. is a process by which inventory records are verified. c. involves shutting down production once per year to perform the annual inventory count. d. cannot be performed in an independent demand situation.
The right response is (b), "Inventory records are validated by a technique called cycle counting." Cycle counting, as opposed to doing a single annual inventory count, is a technique used to confirm the correctness of inventory records by often counting smaller subsets of inventory items throughout the year
Instead of performing a single, annual inventory count, cycle counting is an inventory management strategy that involves regularly counting a small selection of goods to check inventory data. In order to increase accuracy and decrease the need for significant annual modifications, the procedure seeks to find and correct anomalies in inventory records. Businesses can optimise their inventory management procedures to avoid stockouts, overstocking, and associated costs by verifying inventory records using cycle counting. This will allow them to make sure that their inventory levels are always accurate. Cycle counting can also assist firms in identifying any operational problems that may be affecting the accuracy of their inventory, such as errors in the receiving, shipping, or stocking procedures.
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What is taxes on imported goods that minimize the price advantage they have over domestic goods called?
The taxes on imported goods that minimize the price advantage they have over domestic goods is called tarrif or custom duty.
In order to limit imports, tariffs are used. To put it simply, they raise the price of goods and services bought from another country, making them less alluring to domestic consumers. Tariffs are one tool used by governments to interact with trading partners with whom they do not agree. A tariff is a tax that one country imposes on the imports of goods and services from another country in an effort to sway it, generate revenue, or safeguard competitive advantages.
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velocity, inc., a non-u.s. corporation, earned $500,000 u.s.-source income from royalties that it collected and $400,000 interest from its investment in u.s. treasury bonds. compute velocity's u.s. income tax on these amounts.
Velocity's u.s. income tax on these amounts is $139380.
How to calculate the taxIncome tax is a tax levied by the government on the income earned by individuals, corporations, and other legal entities. The tax is calculated based on the income earned during a specific period, which is usually a year, and is collected by the government to fund public services and programs.
The amount of income tax a person or entity pays depends on several factors, such as their income level, deductions and credits they are eligible for, and the tax laws in their country.
The tax will be:
Income from rotality $464000
Less interest income from Us treasury bond $236500
Income tax at 30% = $ 139380
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When banks or brokers lend money to investors to purchase stock, the investors are _____.
When banks or brokers lend money to investors to purchase stock, the investors are buying stocks on margin or trading on margin.
When an investor buys stocks on margin, they are borrowing money from a bank or broker to make the transaction. The margin is the discrepancy between the entire stock value and the borrowed amount. Investors might possibly boost their gains by trading on the margin because they only have to repay the original amount plus interest if the value of the equities increases. Investors could incur substantial losses, and they might need to sell their stocks in order to recoup their loans if the value of the equities declines. Trading on margin is therefore seen as a high-risk technique, and investors should only think about it if they have a high-risk tolerance and a thorough grasp of the market.
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in which of the following situations would jamal, a manager at rite co., be protected by the sarbanes-oxley act? multiple choice jamal finds out that the nighttime janitorial staff is being paid less than minimum wage, and he reports it to the dol. jamal learns about improper accounting at rite co., and he reports it to the irs. jamal is passed over for promotion because he is black, and he reports this to the eeoc.
Option (b), When Jamal discovers of fraudulent accounting at Rite Co., he informs the IRS so that he may benefit from the Sarbanes-Oxley Act's protections.
What kind of government reaction does the Sarbanes-Oxley Act of 2002 represent?The Sarbanes-Oxley (SOX) Act of 2002 was enacted in response to well publicized corporate financial scandals earlier in that decade. The law imposed stronger recordkeeping requirements as well as additional limitations on accountants, auditors, and business executives.
What obligations does the Sarbanes-Oxley Act of 2002 place on the audit committee?The Sarbanes-Oxley Act of 2002 requires that audit committees be kept directly accountable for the oversight of the engagement of the company's independent auditor, as well as the Securities and Exchange Commission (the Commission) regulations are intended to guarantee that auditors are independent of their audit clients.
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The complete question is:
In which of the following situations would Jamal, a manager at Rite Co., be protected by the Sarbanes-Oxley Act?
multiple choice
Jamal finds out that the nighttime janitorial staff is being paid less than minimum wage, and he reports it to the DOL. Jamal learns about improper accounting at rite co., and he reports it to the IRS. Jamal is passed over for promotion because he is black, and he reports this to the Eeco.what was the cpi in 2016? that is the value that would go to cell e) in the table. 100 158.3 117.5 129.2
As the value of CPI that the value that would go to cell e) in the table is 129.2 (option c).
To find the cost of the basket in 2016, we can take the average price of milk and honey in 2016 and multiply them by their respective weights in the basket. Assuming that milk and honey are the only goods in the basket and they are equally weighted, we can calculate the cost of the basket in 2016 as follows:
Cost of basket in 2016 = (Price of milk in 2016 x 0.5) + (Price of honey in 2016 x 0.5)
= (5 x 0.5) + (8 x 0.5)
= 6.5
To find the cost of the basket in 2015, we can use the prices of milk and honey in 2015:
Cost of basket in 2015 = (Price of milk in 2015 x 0.5) + (Price of honey in 2015 x 0.5)
= (4 x 0.5) + (6 x 0.5)
= 5
Now we can plug these values into the CPI formula to find the CPI in 2016:
CPI = (Cost of basket in 2016 / Cost of basket in 2015) x 100
= (6.5 / 5) x 100
= 129.2
Therefore, the CPI in 2016 is 129.2, which corresponds to option (c) in the table.
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Complete Question:
The table below shows the prices of a gallon of milk and a jar of honey for the years 2015, 2016, and 2017.
Base: Price of Milk Price of Honey CoB CPI Inflation
2015 4 6 a) d) N/A
2016 5 8 b) e) k)
2017 6 10 c) f) l)
What was the CPI in 2016?
That is the value that would go to cell e) in the table.
a) 100
b) 117.5
c) 129.2
d) 158.3
he petit chef co. has 11.3 percent coupon bonds on the market with eight years left to maturity. the bonds make annual payments and have a par value of $1,000. if the bonds currently sell for $1,127.30, what is the ytm? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The YTM for the Petit Chef Co. bonds is 5.47%.
To calculate the YTM, use the formula:
YTM = [C × (1 + YTM/m)m] / [(PV + C)/2]
− PV / m
Where C = Coupon Payment, m = Number of Payments per Year, and PV = Present Value of the Bond.
In this case, C = 11.3%, m = 1 (annual payments), and PV = $1,127.30. Plugging these into the formula, we get YTM = 5.47%.
To calculate the YTM of a bond, you need to use the YTM formula, which is: YTM = [C × (1 + YTM/m)m] / [(PV + C)/2] - PV / m. This formula requires the bond's Coupon Payment (C), the number of Payments per Year (m), and the Present Value of the Bond (PV).
In this case, C = 11.3%, m = 1 (annual payments), and PV = $1,127.30. When these values are plugged into the formula, the resulting YTM is 5.47%.
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When a $10 check written on the First National Bank of Chicago is deposited in an account at Citibank, then
A.the assets of Citibank decrease by $10.
B.the liabilities of the First National Bank decrease by$10.
C.the liabilities of Citibank decrease by $10.
D.the reserves of the First National Bank increase by $10.
The appropriate response is: When a $10 check made out to First National Bank of Chicago is placed in an account at Citibank:
B. The First National Bank's liabilities are $10 lessened.
Due to the fact that the First National Bank will get the cheque for payment when it is deposited at Citibank, this is true. The check will be paid, which will result in a $10 reduction to the First National Bank account from which it was taken, lowering First National Bank's obligations. Then, a $10 increase in the deposit at Citibank will take place; however, Citibank's liabilities are unaffected.
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if an organization is using overtime, hiring/firing employees, and subcontracting to modify production plans, it is likely deploying which type of production strategy?
If an organization is using overtime, hiring/firing employees, and subcontracting to modify production plans, it is likely deploying mixed type of production strategy.
A successful product mix strategy enables a company to focus efforts and resources on the products and product lines within its offerings that have the greatest potential for growth, market share, and revenue.
There are four key product mix strategies:
Expansion: A business adds more product lines or product depth (i.e., variations) within lines.
Contraction: A company narrows its product mix to eliminate lower-performing products or lines or to simplify remaining products or lines.
Change an Existing Product: A company improves a current product rather than creating a completely new product.
Product differentiation: A company positions a product as being a better option than a rival product without changing it in anyway.
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when kellogg's dropped olympic swimmer michael phelps as a celebrity endorser, its decision was based on
When Kellogg's dropped Olympic swimmer Michael Phelps as a celebrity endorser, the decision was based on his behavior outside the sporting arena.
Kellogg's has dropped the sponsorship of Olympic gold medal swimmer Michael Phelps, who was caught smoking a marijuana pipe in a photograph that was later distributed worldwide. Phelps's endorsement contract was not extended by the cereal company because he violated his agreement with Kellogg's, according to a statement released by Kellogg's spokesperson Susanne Norwitz.
The spokesman went on to say that "Michael's behavior is not in line with the image of Kellogg's." Phelps's statement following the photo's release in February apologized for his behavior, stating that he "demonstrated bad judgment." Phelps admitted to smoking marijuana in the photograph, which was taken at a party he attended at the University of South Carolina.
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a logical activity base for the fuel expense of a bus service would be the number of a.seats. b.passengers. c.trips. d.miles traveled.
A logical activity base for the fuel expense of a bus service would be the number of miles traveled.
What is an recreation base for a variable cost additionally referred to as a fee driver?Activity Base. A measure of anything motives the incurrence of a variable cost. An exercise base is once in a while referred to as a value driver. Some of the most frequent endeavor bases are direct labor-hours, machine-hours, units produced, and gadgets sold.
Most businesses prepare variable costing reviews for each product. These reviews are regularly used for product pricing and determining whether to discontinue a product. focuses on explaining the differences between planned and real contribution margins.
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