which of the following statements are correct? a. managers in cost center responsibility centers are responsible for controlling both costs and revenues b. managers in profit center responsibility centers are responsible for controlling both costs and revenues c. managers in profit center responsibility centers do not have to report to a supervisor above them. d. none of the above

Answers

Answer 1

The correct answer is D. None of the above. Managers in cost center responsibility centers are responsible for controlling costs, whereas managers in profit center responsibility centers are responsible for controlling both costs and revenues. Both types of managers have to report to a supervisor above them.

Managers in profit center responsibility centers are responsible for controlling both costs and revenues.Managers in cost center responsibility centers are responsible for controlling costs, not revenuesCost centers are the departments in an organization that do not generate any revenue. They are solely focused on reducing the expenses incurred by the company. The responsibility of the managers in cost center responsibility centers is to monitor the cost of goods sold and ensure that it does not exceed the budget allotted for the period.

The goal is to manage the expenses efficiently, maximize the use of available resources, and control costs to maintain a profitable business.Profit center, on the other hand, is responsible for generating revenues and controlling costs. Managers in profit center responsibility centers are responsible for both costs and revenues.

They oversee the activities that contribute to the company's profitability, set revenue targets, and keep a tab on expenses. They need to find ways to increase revenues and optimize the costs to maintain profitability.In conclusion, option B is correct: managers in profit center responsibility centers are responsible for controlling both costs and revenues.

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Related Questions

why is self-representation important in the corporate world?

Answers

The correct answer is A. It determines the kind of interaction you have with your coworkers.

What is self-representation?Self-representation is the word used to describe people's conceptions, ideas, and beliefs about themselves and how these ideas, beliefs, and conceptions affect the way they present themselves to others.Additionally, one's self-perception affects attitudes, behaviors, and interactions with others. For instance, if you think of yourself as superior to others, you probably have arrogance, which will negatively affect your dealings with others. This is especially important in the business environment because it may have an impact on relationships with colleagues. This states that self-representation is crucial because "it controls the interactions you have with your coworkers." A is the right response. Your interactions with coworkers are influenced by it.

The complete question is,

Why is self-representation important in the corporate world?

a. It determines the kind of interaction you have with your coworkers.

b. It determines the percentage of salary increases during appraisals.

c. It shows that you are an honest person with strong work ethics.

d. It shows your self-management abilities.

e. It helps you avoid conflicts

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Bgp electrical supply is developing its annual financial statements at december 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized: current year prior year balance sheet at december 31 cash $ 37,000 $ 29,000 accounts receivable 32,000 28,000 merchandise inventory 41,000 38,000 property and equipment 132,000 111,000 less: accumulated depreciation (41,000) (36,000) $ 201,000 $ 170,000 accounts payable $ 36,000 $ 27,000 accrued wages expense 1,200 1,400 note payable, long-term 38,000 44,000 common stock and additional paid-in capital 88,600 72,600 retained earnings 37,200 25,000 $ 201,000 $ 170,000 income statement for current year sales $ 120,000 cost of goods sold 70,000 other expenses 37,800 net income $ 12,200 additional data: bought equipment for cash, $21,000. Paid $6,000 on the long-term note payable. Issued new shares of stock for $16,000 cash. No dividends were declared or paid. Other expenses included depreciation, $5,000; wages, $20,000; taxes, $6,000; other, $6,800. Accounts payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash. Required:

Answers

Cash at the beginning of the year $29,000 , Cash at the end of the year $37,000, To prepare the statement of cash flows for BGP Electrical Supply, we need to analyze the changes in the company's balance sheet accounts and additional data provided. Here's how we can calculate the statement of cash flows:

Statement of Cash Flows

For the Year Ended December 31, Current Year

Operating Activities:

Net Income $12,200

Adjustments for non-cash items:

Depreciation $5,000

Changes in operating assets and liabilities:

Increase in accounts receivable ($4,000) [($32,000 - $28,000)]

Increase in merchandise inventory ($3,000) [($41,000 - $38,000)]

Increase in accounts payable $9,000 [($36,000 - $27,000)]

Decrease in accrued wages expense ($200) [($1,200 - $1,400)]

Net cash provided by operating activities $19,000

Investing Activities:

Purchase of equipment ($21,000)

Net cash used in investing activities ($21,000)

Financing Activities:

Repayment of long-term note payable ($6,000)

Issuance of common stock for cash $16,000

Net cash provided by financing activities $10,000

Net increase in cash $8,000

Cash at the beginning of the year $29,000

Cash at the end of the year $37,000

Therefore, the statement of cash flows for BGP Electrical Supply for the year ended December 31, current year, is as follows:

Statement of Cash Flows

For the Year Ended December 31, Current Year

Operating Activities:

Net cash provided by operating activities $19,000

Investing Activities:

Net cash used in investing activities ($21,000)

Financing Activities:

Net cash provided by financing activities $10,000

Net increase in cash $8,000

Cash at the beginning of the year $29,000

Cash at the end of the year $37,000

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What you don’t want to do when using job boards is __________________ endlessly. To prevent that from happening, you should first create a __________________ describing you, so that recruiters can find you. You should also use the platform’s features to set up __________________, using filters for the types of jobs you’re interested in. The alerts will notify you when there’s a potential match. Although job boards are by nature impersonal, you should aim to make personal connections by introducing yourself to the __________________ for an open role or find someone you already know at the company who can introduce you. If there’s a company you’d love to work for that is hiring in other areas, it can’t hurt to reach out, unsolicited, and see if they might be hiring for your role soon. And any time you upload a resume, be sure it is __________________ and tailored toward the job posting itself.

Answers

Make connections with both new and old individuals to locate your future career. In fact, networking is the greatest way to get a job, according to magazines like Payscale, The Balance, SHRM, The Muse, and others.

How can you utilize job boards to discover your next job in these 6 clever ways?

Make connections with both new and old individuals to locate your future career. In fact, networking is the greatest way to get a job, according to magazines like Payscale, The Balance, SHRM, The Muse, and others.

There are appropriate and inappropriate methods to utilize traditional job boards, but this does not imply that job searchers shouldn't use them in their search.

The following are six sage ways to use job boards:

Create a profile- Having a profile set up enables recruiters to find you and get in touch with you for interviews.

Create alerts- Don't waste time poring over job advertisements to find the one you should apply for.

Introduce yourself out front.- By getting in touch with the hiring manager directly by phone or email, you can reduce your chances of being overlooked by HR.

Find someone you can introduce to others.- Make contact with anyone you know who may be able to put you in touch with a contact at the firm you want.

Post a résumé that is brand- and keyword-rich- Make sure your resume is "keyword rich" before applying for a position via a job posting. Use words and phrases that are relevant to the position and field for which you are applying.

"Fire is where there is smoke,"- Consider how recruiting in your immediate region may be impacted if you observe hiring activities at a firm.

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How do companies use the stages of production to determine the most profitable number of workers to hire?.

Answers

Companies use the stages of production to determine the most profitable number of workers to hire by considering the relationship between the number of workers and the marginal cost and marginal revenue of each worker.

At the beginning of the production process, as the number of workers increases, the marginal cost of each worker decreases, leading to increased profits. However, at some point, the marginal cost will start to increase, meaning that hiring additional workers will not result in additional profits.

To determine the most profitable number of workers, companies need to balance the marginal cost and marginal revenue of each worker. They will continue to hire workers until the marginal cost of the next worker is equal to the marginal revenue that worker generates. This is known as the profit-maximizing level of employment.

By carefully considering the stages of production, companies can make informed decisions about the number of workers to hire, ensuring that their production is profitable and efficient.

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Why should there be only one Product Owner per product?

Answers

There should only be one Product Owner per product because it ensures a clear and unified vision for the product. Having multiple Product Owners can lead to conflicting priorities and goals, which can result in confusion and delays in decision-making.

Additionally, having a single Product Owner helps to establish accountability and responsibility for the success of the product.

The Product Owner is responsible for defining and prioritizing the product backlog, communicating the product vision to the development team, and ensuring that the product meets the needs of the customers and stakeholders. It requires a deep understanding of the market, the users, and the business goals, which is difficult to achieve when there are multiple Product Owners with different perspectives and opinions.

Furthermore, having a single Product Owner allows for effective communication between the development team and the stakeholders. The Product Owner can act as a liaison between these groups, ensuring that the stakeholders' needs are understood and translated into actionable items for the development team.

In conclusion, having only one Product Owner per product ensures a clear vision, accountability, and effective communication, which are all essential for the success of the product.

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1. A buyer pays $100 million for the seller in an all-‐‑stock deal, but a day later the market decides that it's only worth $50 million. What happens?

2. The buyer is worth $1 billion, has 100 million shares outstanding, and
its current share price is $10.00. It wants to issue 10 million shares to acquire the
seller for $100 million.
But if the market believes that the seller is only worth $80 million rather than
$100 million, the buyer's share price might fall to $9.81 (implying a total value of
$1.08 billion) to reflect this lower value.

Answers

In an all-stock deal where a buyer pays $100 million for a seller, but the market values it at only $50 million, the buyer's investment takes a significant hit, losing 50% of its initial value.

How does the market valuation impact the buyer's share price and total value?

The impact of market valuation on the buyer's share price and total value in an all-stock acquisition. In this scenario, if the market believes the seller is worth $80 million instead of the agreed $100 million, the buyer's share price may decrease to $9.81, reflecting the lower value.

This leads to a total value of $1.08 billion, considering the revised share price and the number of shares outstanding. Market perception of the target company's value can have a substantial influence on the buyer's share price and overall investment value.

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If a firm has $15 million of debt with a debt beta of 0.2 and $40 million of equity with equity beta of 2.2, then the firm's asset beta is

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If a firm has $15 million of debt with a debt beta of 0.2 and $40 million of equity with equity beta of 2.2, then the firm's asset beta is 1.625.

The asset beta of a firm can be calculated by combining the debt beta and equity beta.

The formula to calculate the asset beta is:
Asset Beta = (Debt Beta * Debt / (Debt + Equity)) + (Equity Beta * Equity / (Debt + Equity))
In this case, the firm has $15 million of debt with a debt beta of 0.2 and $40 million of equity with an equity beta of 2.2.
Let's plug in the values into the formula:
Asset Beta = (0.2 * 15 / (15 + 40)) + (2.2 * 40 / (15 + 40))
Simplifying the equation:
Asset Beta = (3 / 11) + (88 / 55)
Combining the terms:
Asset Beta = (3 * 5 + 88 * 11) / (11 * 55)
Calculating the numerator and denominator:
Asset Beta = (15 + 968) / 605
Adding the terms:
Asset Beta = 983 / 605
This simplifies to:
Asset Beta = 1.625
Therefore, the firm's asset beta is 1.625.
The firm's asset beta is 1.625.
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Prove you know what diminishing marginal utility is by creating an example of your own. Your example
cannot be food related.

Answers

Hi there, I'm not answering this question, sorry.

Your task clearly states you must think of your own example and prove what you know. That's why.

Please, if you're coming onto the Brainly website, at least improve your questions.

Vera has a june credit card balance of $476. 9. Her payment due date is june 27th, with a grace period of 5 days. If her payment is late, the credit card company charges a $30 late fee. Vera wants to pay the full amount to have a zero balance. How much should she pay if her online payment is processed on july 6th?.

Answers

Vera should pay her full June credit card balance of $476.9 on or before July 2nd to avoid the late fee and have a zero balance.

Vera's payment due date is June 27th, but she has a grace period of 5 days, which means she can make a payment without incurring any late fees until July 2nd. If she makes the payment on July 6th, she will be considered late, and the credit card company will charge her a $30 late fee. To have a zero balance, Vera needs to pay her entire June credit card balance of $476.9. So, if Vera wants to avoid the late fee and pay the full amount, she needs to make a payment on or before July 2nd. If she misses the grace period and pays on July 6th, she needs to pay $476.9 + $30 late fee, which equals $506.9.

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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

In Walt Disney's Magic Kingdom, customers can visit a fairy kingdom, a pirate ship, or even a haunted house. Disney is marketing a(n) ________

Answers

Answer:

Experience.

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets so as to produce a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

A service organization can be defined as an assembly of people who are saddled with the responsibility of providing customer-oriented services rather than just making profit.

In Walt Disney's Magic Kingdom, customers can visit a fairy kingdom, a pirate ship, or even a haunted house. Thus, Disney is marketing an experience because they comprises of both a tangible and an intangible quality.

The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?

Answers

Answer:

There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.

The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:

There was a need to reduce the influence of the wealthy

According to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.

As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.

With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.

Answers

Answer:

C. The actions of consumers in response to change in price.

Explanation:

Law of demand states that people will demand lower quantity of a good at a higher price. This law is one the fundamental principles of Economics.

The law of demand relates primarily to the actions of consumers in response to changes in prices. Thus option (C) is correct.

What is demand?

A demand of a product or a commodity is how much a consumer is willing and able to pay for a product at a given time.

The law of demand states the relationship between price and quantity demanded, ceterus paribus. It states that when the price of a product increases its demand decreases, other things remaining constant and vice versa.

The graphical representation of the law of demand is known as demand curve . When the tuition fees of a college falls then the demand for college enrollment will rise.

The law of demand relates primarily to the actions of consumers in response to changes in prices. Therefore, option (C) is correct.

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Audra Smith, President and owner of All-Pro Real Estate Professionals is seeking your assistance in designing a database for her business. One of her employees has experience in developing and implementing Accessbased systems but has no experience in conceptual or logical data modeling. So, at this point Audra only wants you to develop a conceptual data model for her system. You are to use the entity-data diagramming notation with Crows foot symbols. Audra has some very specific needs for her system. There are several aspects of the business that need to be represented in the data model. Of central interest are properties that are listed or sold by the company. Note that a separate division of All-Pro handles raw land, so your system only has to deal with developed property. For all types of properties, Audra wants to keep track of the owner (client), the listing and selling dates, the asking and selling prices, the address of the property, the Multiple Listing Service (MLS) number, and any general comments. In addition, the database should store the client that purchases a property. There are some specialized data that need to be stored, depending on the type of property. For single family houses she wants to store the area (for example UCF or Conway), the size of the house in square feet, the number of bedrooms and baths, the size of the garage (for example, 2 car), and the number of stories. For condominiums, the database should track the name of the complex, the unit number, the size in square feet, the number of bedrooms and baths, and the type of community (coop or condo). For commercial properties, she needs to know the zoning, size in square feet, type (industrial, retail, or office), and the general condition of the property. You will want to use the Supertype/Subtype notation for Property to Property-Type (Single-Family, Condo, Commercial). Audra also wants the database to store information about her real estate agents, such as their name, home address, home phone number, mobile phone number, email address, and their real estate license number. Also, the database should track which agent lists and sells each piece of property. Note that she has a separate system that tracks selling agents and listings from outside brokerages, so you don't have to worry about external agents. However, sometimes a property will be listed and sold by the same All-Pro agent, but other times one All-Pro agent will list a property, and another will sell it. Of course, Audra thinks that it would be good to have the database track information about All-Pro's clients, such as their name, phone number, and street and email addresses. Also, she wants to be able to record comments about the client. AllPro offers referral fees to clients who refer potential customers to the brokerage. The database should store these referral relationships between clients, including the amount and date of the referral payment. Note that only one client can be paid for a referral. In other words, it is not possible for two clients to be paid for referring the same client. Finally, Audra wants to be able to use the database to examine the effectiveness of various advertising outlets. For each outlet, the database should store the name of the outlet (for example, realestate.com or the Orlando Sentinel), the main contact person and their phone number. She also wants to know how much it cost to advertise each property on any outlet used, and when a property was advertised on each outlet used for that property. Keep in mind that a property may be advertised on multiple outlets, and that the cost of advertising on an outlet might vary from property to property. Create an entity relationship diagram that captures Audra's database requirements. The ERD should indicate all entities, attributes, and relationships (including maximum and minimum cardinalities). Also, be sure to indicate primary key attributes. You must draw the ERD using computer software such as Visio, Draw.IO, etc. In addition, you must resolve all M: N (many-to-many) relationships and multi-valued attributes. State any assumptions you make. Remember that your assumptions must be reasonable and must not violate any stated requirements. Think through the entities, and attributes for each entity. Hint: You will have around 7 entities (maybe more).

Answers

The conceptual data model is created to fulfill the requirements of All-Pro Real Estate Professionals. Audra Smith is seeking help from the designer to develop the database model.

There are multiple aspects of the business, but the central interest is the properties that are listed or sold by the company. A separate division of All-Pro handles raw land; thus, the system only has to deal with developed property. The database will also store information about real estate agents, their names, home addresses, home phone numbers, mobile phone numbers, email addresses, and real estate license numbers.

All-Pro's clients' information will be recorded, such as their names, phone numbers, street, and email addresses. The database should be able to keep track of referral fees and referral relationships between clients. The advertising outlets' effectiveness will be examined, and for each outlet, the database will store the name of the outlet, the main contact person and their phone number, how much it cost to advertise each property on any outlet used, and when a property was advertised on each outlet used for that property. The ERD should capture all entities, attributes, and relationships, including maximum and minimum cardinalities, and indicate primary key attributes.

The following assumptions were made while creating the entity-relationship diagram for All-Pro Real Estate Professionals:

Each real estate agent has only one license number.Clients can be individuals or legal entities.All referral relationships are between clients.Only one client can be paid for a referral.The maximum number of bedrooms for single-family homes is eight.The maximum number of stories for single-family homes is four. The maximum number of bedrooms for a condo is eight.The maximum number of stories for a condo is three.

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A commercial building would be classified as a(n)
part.
piece of equipment.
installation.
supply.

Answers

Answer:

installation.

Explanation:

A commercial building would be classified as an installation.

Answer:

supply

Explanation:

because from there supply willl be done

Explain the connection between the terms "division of labor" and "specialization".

Answers

Answer:

Division of labor leads to specialization

Explanation:

Division of labor refers to the process of subdividing work into small tasks. In the division of labor, the production process is divided into different stages. Each stage requires a specific task to be performed. Workers are assigned specific tasks depending on skills and abilities.

The division of labor leads to an increase in productivity. Each worker performs a regular task, using familiar tools. In time, the worker becomes an expert in what they do, thereby increasing productivity. Division of labor leads to specialization. When work is subdivided into tasks and assigned to a specific worker, the assigned employee specializes in that task. Specialization is the practice of focusing on a single or very few activities that one is good at doing.

Word processing software
Video recording device like a camera or a phone
Throughout this course, you’ve been busy helping people in all kinds of careers solve issues or create projects in their line of work. Now it’s time to focus on you! In this activity, you will take the results from your O*Net Interest Profiler and the knowledge you’ve gained in the past units and use both to decide what might be a great career for you! You will put all this information together and create a Career Action Plan.

Part 1: Laying the Pathway

Save this word document as ‘Laying the Pathway.’

Part 2: Compiling the Paperwork
Great! You’ve laid out your pathway. Now, we need to gather all the papers you’ll need to apply for jobs.

Step 1: Resume
Now for the next part of your Career Action plan, the first thing you are going to do is create a resume. Create your resume document from a template. You might find one in your word processing program or by searching the internet for a free resume template. Then, make sure your resume contains the following components:

Is your resume filled in? Is it nice and neat, with everything spelled correctly? Great! Remember to save your Resume to include in your Career Action Plan.

Step 2: Cover Letter
Now, we will work on your cover letter. Remember, a cover letter is a document that explains in your own words and more detail why you are the perfect candidate for the job you are applying for. This is how your cover letter should break down:

Proofread your cover letter for errors. If you are satisfied with it, save it under ‘Cover Letter’ to include in your Career Action Plan.

Step 3: Job Application
With your resume and cover letter, you will usually need to fill out a job application that is specific to the company you are applying to. Much of the information will be a repeat of what is in your resume, but job applications make it easier for a human resources manager to know exactly where to look for specific information.

Use a search engine to find a free mock job application form. Take the information you put in your resume and fill out the job application. Save this as ‘Job Application.’

Part 3: It’s Time to Sell
You may not have chosen Marketing as your career pathway, but we all must sell a bit when it comes to finding a job. We are selling ourselves! In an interview, it is important to help the recruiter or employer to understand what you are all about and how you will be a benefit to the company. Look back over the tips you’ve learned so that you can put your best foot forward.

One thing that we must think about in interviews is proper business etiquette, or behavior. Remember when you were little, and your parents were constantly reminding you to ‘mind your manners’? Well, this idea of manners and polite behavior is especially important when you get a job. The way you act will reflect on the company that you work for, so if you are polite, hardworking, and courteous, this will benefit your employer. It will also make you much more likely to get along with your coworkers! Some rules of business etiquette include:

Being on time (show respect for others’ schedules)
Dressing appropriately (be a good visual representative of your company)
Speaking politely (use proper titles and avoid interrupting others or using bad language)
Avoiding gossip (don’t repeat things about coworkers)
Showing interest in others (make eye contact, don’t play with your phone while in a conversation)
Write emails respectfully (don’t be sarcastic, type in all caps, or fail to sign an email)
In this part of your Career Action Plan, you will video yourself during a mock interview. Have a partner read you the questions below (or if that is not possible, read them out loud to yourself). Then answer, looking at the camera as if it is the interviewer. Use appropriate business etiquette in your interview so that your prospective employer will want you to represent their company. Remember to speak clearly and smile!

Interview Questions
Can you tell me a little bit about yourself?
Why are you applying for this position?
What have you learned in your classes to prepare you for this position?
How would you be a good fit for this position?
What are your strengths and weaknesses?
Remember to answer all five questions in your interview. Save your video to upload with the rest of your plan. You can name it ‘Interview.’

You did it! Congratulations! You have completed your Career Action Plan.

Submit the following documents:
DO NOT DO VIDEO NOT NEEDED I WILL DO THAT

Answers

Multimedia tools are used in digital storytelling to bring stories to life. Digital stories can be used to convey an argument, reflect on a personal experience, teach a subject, or retell a historical event.

How can I advance in my profession?

Use these 12 work success guidelines to begin experiencing career success.

a. Choose Your Job Carefully.

b. Always be learning.

c. Recognize the demands of your position.

d. Work as a team.

e. Assume Responsibility for All Your Actions.

A lifestyle career is what?

Both people are capable of completing the duties necessary for their jobs, but their schedules will differ. "Work as a Lifestyle" gives businesses and employees the power to find balance, select the schedule that works best, and more.

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Offering a false contract to sign is fraud in the execution.
False
True

Answers

Answer:

true but you don't get killed

Explanation:

it is illegal to do that that is fraud but it doesn't lead to death

plz i need one brainiest plzzzzz

Answer:

true

Explanation:

If an economy is in recession, discuss the differing effects created by a tax cut vs. A GDP-G increase to close the gap. Use the concept of multipliers in your answer.

Answers

Answer:

Explanation:

increase government spending will result in increased aggregate demand, which then increases the real GDP, resulting in an rise in prices. ... Conversely, to close an expansionary gap, the government would increase income taxes, which decreases aggregate demand, the real GDP, and then prices.

Economic recession takes place because of fluctuation within the variation. When the contraction point of the trade cycle prolongs or stays for quite six months then recession takes place in an economy. it's a situation when the entire economy shrinks down.

GDP

when increased government spending will end in increased aggregate demand, which then increases the 000 GDP, as a lead to an increase in prices. Also Conversely, to shut an expansionary gap, the govt. would increase income taxes, which decreases aggregate demand, the important GDP, and also then prices.

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The npv method is based on the assumption that projects' cash flows are reinvested at the project's risk-adjusted cost of capital.
a. true
b. false

Answers

This is TRUE! The NPV or Net Present Value method is based on the assumption that projects' cash flows are reinvested at the project's risk-adjusted cost of capital.

In general, the assumption made by the Net Present Value method that cash inflows will be reinvested at the cost of capital (or weighted average cost of capital a.k.a. WACC) is more plausible than the assumption being made by the Internal Rate of Return. The former method is typically preferred over the IRR method. The NPV approach is therefore generally superior.

However, the NPV and IRR criteria cannot ever result in recommendations for independent projects that are in conflict with one another.

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The financial plan of the revenues and resources needed to carry out activities and meet financial goals is called a(n)

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The financial plan of the revenues and resources needed to carry out activities and meet financial goals is called a budget. A budget is a financial plan that outlines expected revenues and expenses for a specific period.

It typically includes details about expected income, such as sales revenue or funding, and expenses such as salaries, supplies, and rent. A budget helps individuals and organizations to plan and track their finances and make informed decisions about spending and saving.

By creating a budget, individuals and organizations can ensure they have enough resources to meet their financial goals and make adjustments as needed to stay on track.

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outline 4 reasons why most developing countries rely on extractive levels of production

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Explanation:

The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.

Calculate the unpaid balance, finance charge, and new balance using the unpaid balance method. Note: interest rate is given as a monthly rate. Previous balance = $410. 22 Payments/credits = $160. 00 Unpaid balance = $ Monthly rate = 1. 25% Finance charge = $ New purchases = $95. 25 New balance = $.

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The answers are Unpaid balance = $250.00, Finance charge = $3.13, and New balance = $348.13.

According to the information provided, the previous balance is $410.22, and there are payments/credits of $160.00. The unpaid balance is the previous balance minus the payments/credits, which results in an unpaid balance of $250.22. The monthly interest rate is given as 1.25%. To calculate the finance charge, we multiply the unpaid balance by the monthly interest rate, which yields a finance charge of $3.13. Additionally, there are new purchases of $95.25. To determine the new balance, we add the unpaid balance, finance charge, and new purchases, resulting in a new balance of $348.60.

In summary, the unpaid balance method calculates the finance charge and new balance based on the previous balance, payments/credits, unpaid balance, monthly interest rate, and new purchases. The previous balance of $410.22 minus payments/credits of $160.00 gives an unpaid balance of $250.22. The finance charge is determined by multiplying the unpaid balance ($250.22) by the monthly interest rate (1.25%), resulting in a finance charge of $3.13. Adding the unpaid balance, finance charge, and new purchases of $95.25 gives the new balance of $348.60.

The unpaid balance method is commonly used in credit card statements to calculate the finance charge and determine the new balance. It considers the previous balance, payments/credits, and new purchases. First, the unpaid balance is calculated by subtracting the payments/credits from the previous balance. Then, the finance charge is determined by multiplying the unpaid balance by the monthly interest rate. Finally, the new balance is obtained by adding the unpaid balance, finance charge, and new purchases. This method provides a clear breakdown of how the finance charge is applied and allows for tracking changes in the balance over time.

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please complete the statements below to indicate how gdp and living standards are affected in each scenario.

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Increasing GDP may lead to higher living standards, but the impact of factors such as formalizing unpaid work, technological advancements, reduced work hours, or volunteer work on living standards is uncertain. Addressing inequality through policy changes could potentially impact both GDP and living standards.

a) If a country experiences an increase in GDP, living standards are likely to improve. This is because GDP is a measure of the total value of goods and services produced within a country in a given period of time, and an increase in GDP usually indicates that the economy is growing and that there are more goods and services available for people to consume. This can lead to higher incomes, greater job opportunities, and an overall increase in the standard of living for the population. b) If unpaid housework were formalized in GDP, GDP would increase, but it is unclear how this would affect living standards. Unpaid housework is not currently included in GDP, but if it were, it would increase the overall value of goods and services produced within a country. However, it is unclear how this would impact living standards, as it would depend on how the increased GDP was distributed among the population. c) Given improved production technologies, GDP would likely increase, but it is unclear how this would affect living standards. Improved production technologies can increase the efficiency and productivity of an economy, leading to a higher output of goods and services and an increase in GDP. However, it is unclear how this would affect living standards, as it would depend on how the increased GDP was distributed among the population. d) If workers worked less but produced the same amount, GDP would decrease, but it is unclear how this would affect living standards. GDP is a measure of the total value of goods and services produced within a country in a given period of time, and a decrease in GDP would indicate a reduction in the overall output of goods and services. However, it is unclear how this would affect living standards, as it would depend on how the reduced GDP was distributed among the population. e) If volunteers cleaned a river used for swimming, this would not directly affect GDP, but it could indirectly improve living standards. GDP is a measure of the total value of goods and services produced within a country in a given period of time, and the work of volunteers is not currently included in GDP. However, cleaning a river used for swimming could improve the quality of life for people who use the river, potentially leading to a healthier population and a higher standard of living. f) If people dislike inequality, this may lead to a desire for policies that redistribute wealth or reduce inequality. This could potentially have an impact on GDP and living standards, depending on how such policies are implemented. For example, policies that reduce inequality by increasing taxes on the wealthy and providing more social services to the poor may lead to a reduction in GDP, but could also lead to a more equitable distribution of resources and an increase in living standards for the population as a whole.

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a fixed-order quantity model is triggered by inventory dropping to a specified level.
true false

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The given statement, "a fixed-order quantity model is triggered by inventory dropping to a specified level" is true.What is a fixed-order quantity model?A fixed-order quantity model refers to the inventory management system that tracks the inventory levels and places an order when the stock reaches a predetermined minimum level.

It is an ordering system in which a fixed quantity of a product is purchased each time when the inventory drops to a specified level, known as the reorder point. In other words, a fixed-order quantity model is triggered by inventory dropping to a specified level. Reorder point refers to the minimum stock level that a company must maintain to continue production without any interruption. It indicates the right time to place the order for new stock before the existing stock runs out.

The reorder point is calculated by adding lead time (the time period it takes to order and receive inventory) to the safety stock (the buffer inventory a company keeps to meet unexpected demands). Therefore, when the stock reaches the reorder point, the system triggers an order for a fixed amount of inventory to bring it back to the maximum level.

Fixed-order quantity models help in avoiding the problem of overstocking or understocking of inventory, which may result in a loss of sales or unnecessary holding costs. When the inventory reaches the reorder point, the fixed-order quantity model generates an order that is economically optimized to minimize ordering and holding costs. Hence, the given statement is true, that is, a fixed-order quantity model is triggered by inventory dropping to a specified level.

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Ahrends Corporation makes 70,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials $ 17. 80 Direct labor 19. 00 Variable manufacturing overhead 1. 00 Fixed manufacturing overhead 17. 10 Unit product cost $ 54. 90 An outside supplier has offered to sell the company all of these parts it needs for $48. 50 a unit. If the company accepts this offer, the facilities now being used to make the part could be used to make more units of a product that is in high demand. The additional contribution margin on this other product would be $273,000 per year. If the part were purchased from the outside supplier, all of the direct labor cost of the part would be avoided. However, $8. 20 of the fixed manufacturing overhead cost being applied to the part would continue even if the part were purchased from the outside supplier. This fixed manufacturing overhead cost would be applied to the company's remaining products. How much of the unit product cost of $54. 90 is relevant in the decision of whether to make or buy the part?

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The relevant portion of the unit product cost of $54.90 is $27.70

In the decision of whether to make or buy the part, only the relevant costs should be considered. Relevant costs are the costs that will be affected by the decision and will differ between the alternatives being considered.

In this scenario, the relevant costs of making the part are the direct materials, variable manufacturing overhead, and the portion of fixed manufacturing overhead that would be avoided by buying the part from the outside supplier. The direct labor cost of the part is not relevant because it would be avoided regardless of whether the part is made or bought.

Therefore, the relevant portion of the unit product cost is:

Direct materials + Variable manufacturing overhead + (Portion of fixed manufacturing overhead that would be avoided)

= $17.80 + $1.00 + ($17.10 - $8.20)

= $27.70

So, the relevant portion of the unit product cost of $54.90 is $27.70.

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What would the minimum monthly payment be for each credit card for balance of $180, and $300?

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Credit Card A: Minimum monthly payment: $15 or 10% of balance

Credit Card B: Minimum monthly payment: $15 or 10% of balance

Credit Card C: Monthly balance must be paid in full each month

Credit Card D: Minimum monthly payment: $25 for Card D with $65 annual fee, $35 for Card D with $85 annual fee.

How we get these values?

Credit Card A:

- APR: 3.999% for transferred balances, 13.25% for all other purchases

- Minimum monthly payment: $15 or 10% of balance

- For a balance of $180, the minimum monthly payment would be $18 (10% of $180 is $18, which is higher than the $15 minimum)

- For a balance of $300, the minimum monthly payment would be $30 (10% of $300 is $30, which is higher than the $15 minimum)

Credit Card B:

- APR: 0.00% for 6 months, 19.8% for remaining lifetime of card

- Monthly balance must be paid in full each month

- For a balance of $180, the entire balance would need to be paid off in full

- For a balance of $300, the entire balance would need to be paid off in full

Credit Card C:

- APR: 14.99%

- Minimum monthly payment: unknown (not provided in information given)

Credit Card D:

- APR: 0.00% for the first year, 19.9% for remaining lifetime of card

- Minimum monthly payment: $25 for Card D with $65 annual fee, $35 for Card D with $85 annual fee

- For a balance of $180, the minimum monthly payment would be $25 for Card D with $65 annual fee, or $35 for Card D with $85 annual fee

- For a balance of $300, the minimum monthly payment would be $25 for Card D with $65 annual fee, or $35 for Card D with $85 annual fee

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A manufacturer of food products is looking at entering several new markets in developing countries. Before it does this, the company wants to collect data on item and flavor preferences in these markets. It sends out a survey that has been accurately translated into the local language, but it still receives inconsistent results. In talking with a consulting firm, the manufacturer is informed that several of these countries have extremely high illiteracy rates and the survey answers may be only random guesses by the respondents. Which of the following problems associated with collecting primary data in global markets does this scenario exemplify?
A) unwillingness to respond
B) limited access
C) unreliable sampling procedures
D) inadequate demographic information
E) insufficient comprehension

Answers

Answer:

Option D

Explanation:

In simple words, the problem depicted in the given scenario is an example of low knowledge of the target audience. In the given case, the company did everything correct with respect to their procedures, like they made a question are in the local language and distributed to the target audience and collected the survey efficiently.

However while doing the procedure, they were unaware of the fact that their target audience was not literate enough. Hence we can conclude that the correct answer is D.

The Cost of sales column total in the CRJ is posted to the debit side of the Cost of sales account and to the credit side of the Trading stock account in the General ledger. The reason for this:
A. When a sales transaction is realised, the original cost of the trading stock purchased must be recorded as an expense.
B. There is no profit made on the sales transaction.
C. We need to indicate that the Trading stock levels in the store have decreased. Cash has been received.

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Option (a), The general ledger's trading stock account's credit side and the cost of sales account's debit side are both updated with the cost of sales column total from the CRJ. The justification for this is that when a sales transaction is accomplished, the original cost of the trading stock must be disclosed as an expenditure.

What appears in the Post Ref column of the general ledger account?

Your account ledgers' post references provide the exact location in the journal, such as a page number or line number, where a transaction was recorded. The ability to rapidly compare the sub-ledger record for a given transaction to the original journal item will then be available to anybody looking at it.

What does a general ledger actually look like, and what transactions are recorded there?

A general ledger is the name of the book or file that bookkeepers use to record all relevant accounts. The general ledger keeps track of five crucial accounting components: assets, liabilities, owner's capital, revenue, and costs. The transactions that first show in the journals are later updated in the general ledger accounts.

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The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does this compare with the national average?.

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Utility Costs conveys utility and home energy costs incidental to the residency of rental place.

What utility price?

The average national utility price is $270.48 Over a 6-month period, then the average utility price in Dallas will be $326 which is Higher than the national average.

The average rate of Dallas are always higher than the national utility price. Amusement in the cities and daily utilization from families in higher economic set brought to this number.

The cost of living in particular state is higher than national average rate because of the boom cycle.

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Answer:

it’s B

Explanation:

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