The exam lacks the power to determine which students has studied and the students who have not studied
Explanation:
In his introductory class the professor in the motive of encouraging the students and to make them more involved in learning the subject he offers A grade to all the students
In this case the professor will lose his ability to judge the student and he will consume his time in understanding and estimating the students who has the ability to learn and the student who do not have
In one of the case studies in the textbook, Albert Miano, the facilities supervisor for a popular magazine, submitted phony invoices. When Miano received the checks for the phony invoices, he forged the contractor’s signature. He then endorsed the check in his own name. What controls weaknesses did the company have that facilitated Miano’s scheme?
A. Employees in the accounts payable department did not follow departmental procedures.
B. Accounts payable never checked signatures on the invoices against the authorized signatures on file.
C. Miano was allowed to pick up the approved invoices from the administrative vice-president’s office and deliver them to the accounts payable department.
D. All of the above
Answer:
Option "D" is the most appropriate answer to the following situation.
All of the above.
Explanation:
Departmental policies did not apply to staff in the accounts payable department.
The Advertising employee demonstrates organizational error. It is the duty of the cash payable department to make this effective.
Accounts payable have never verified billing signatures against the file documents authorized.
The shaky legal status of an invoice was the very reason for how sellers require customer signatures, or some form of binding acknowledgment, before giving out goods.
Miano was allowed to receive the authorized receipts from the department of the Executive Vice-President and send them to the division of accounts payable.
A _____ is a form of business ownership in which the business is considered a legal entity that is separate and distinct from its owners.
Answer and Explanation:
corporation
During the first quarter of 2015, Toronto Dominion Bank (TD) stock cost $45 per share and was expected to yield 4% per year in dividends, while CNA Financial Corp. (CNA) stock cost $40 per share and was expected to yield 2.5% per year in dividends.† If you invested a total of $30,150 in these stocks and expected to earn $936 in dividends in a year, how many shares of each stock did you purchase?
Answer:
1. The total number of TD stock shares purchases=270
2. The total number of CNA stock shares purchases=450
Explanation:
1. Number of TD stock shares
Step 1: Determine the Total amount invested
Total amount invested=(Cost per TD share×number of TD shares)+(cost per CNA share×number of CNA shares)
where;
Total amount invested=$30,150
Cost per TD share=$45
Number of TD shares=x
Cost per CNA share=$40
Number of CNA shares=y
replacing;
45 x+40 y=30,150....equation 1
Step 2: Determine the total dividends in a year
Total dividends=(Expected TD yield×cost per TD share×number of TD shares)+(Expected CNA yield×cost per CNA share×number of CNA shares)
where;
Total dividends=$936
Expected TD yield=4%=4/100=0.04
Cost per TD share=$45
Number of TD shares=x
Expected CNA yield=2.5%=2.5/100=0.025
Cost per CNA share=$40
Number of CNA shares=y
replacing;
936=(0.04×45×x)+(0.025×40×y)
1.8 x+y=936....equation 2
Step 3: Combine equation 1 and 2 then solve simultaneously
Multiply equation 1 by 1;
(45 x+40 y=30,150)×1=45 x+40 y=30,150
Multiply equation 2 by 40;
(1.8 x+y=936)×40=72 x+40 y=37,440
Subtract equation 2 from equation 1;
45 x+40 y=30,150
-
72 x+40 y=37,440
-27 x+0=-7,290
-27 x=-7,290
x=-7,290/-27
x=270
The total number of TD stock shares purchases=270
2. Number of CNA stock shares
Replace the value for x in equation 2 above and solve for y;
1.8 x+y=936
where;
x=270
replacing;
(1.8×270)+y=936
486+y=936
y=936-486=450
y=450
The total number of CNA stock shares purchases=450
To solve the problem, set up a system of equations using the given information and solve for the number of shares of each stock purchased.
Explanation:To solve this problem, let's assign variables to represent the number of shares of each stock purchased. Let's say X represents the number of TD shares and Y represents the number of CNA shares. Since TD stock costs $45 per share, the total cost of TD shares would be 45X. Similarly, the total cost of CNA shares would be 40Y.
According to the given information, the total investment is $30,150, so we can write the equation 45X + 40Y = 30,150. Additionally, the expected dividend yield from TD shares is 4% and from CNA shares is 2.5%. We can find the total dividends earned by multiplying the number of shares by the dividend yield and summing them up, which gives the equation 0.04X + 0.025Y = 936.
Now we have a system of equations:
45X + 40Y = 30,150
0.04X + 0.025Y = 936
Solving this system of equations will give us the number of shares of each stock that were purchased.
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Financial accounting is the process of identifying, measuring, analyzing, and communicating financial information needed by management to plan, evaluate, and control a company's operations.True/false
Answer:
False
Explanation:
Managerial accounting is the type of accounting that classifies, analyze, interpret and communicate accounting information of an organisation to the managers of that particular organisation for pursuit and achievement of the organisation's goal. It is mostly for internal use by the managers of the firm to improve the firm's activities directed towards achieving the goal of the organisation. On the other hands, financial accounting is the process of recording, classifying, analyzing, measuring, interpreting and communicating financial data of an organisation to enable users of accounting information makes decision. The users of accounting information include the potential investors, shareholders, government, suppliers, customers etc. Therefore financial accounting is for external use while managerial accounting is for internal use of the business
When inflation increases, the market value of outstanding fixed income securities will MOST likely:(A)Increase(B)Decrease(C)Remain the same(D)Become very volatile
Answer:
(B)Decrease
Explanation:
Interest rate is inversely related to the market value of fixed interest income securities like bonds, certificate of deposits, preferred stocks e.t.c.
The higher the inflation, the higher the interest rates all things being equal. An increase in interest rate will drive down the market value of fixed income securities because inflation reduces the real returns on fixed income securities.
When the Wright brothers designed their aircraft, they built a wind tunnel to model the aerodynamics of different wing designs. Identify each of the factors below as endogenous or exogenous to the Wright brothers' model.
Answer:
Endogenous factors (variables that can be controlled when performing a model test):
aircraft speedwing angleThe Wright brothers used the wind tunnel to improve the design of their aircraft's wings.
Exogenous factors (variables that cannot be controlled when performing a model test):
wind and rain air pressureNo one can control the climate.
The identification of the factors as endogenous or exogenous to the design of the Wright Brothers' aircraft model is as follows:
Endogenous Factors Exogenous Factors
1. aircraft speed wind and rain
2. wing angle air pressure
What is an endogenous factor?Endogenous factors are variables within the control of the Wright Brothers as they designed their aircraft. Examples are given above. The Wright Brothers employed wind tunnel in the design of the aircraft wings.
What is an Exogenous Factor?Exogenous Factors include variables outside the control of the Wright Brothers. For example, they could not control wind and rain (climate) affecting their aircraft design.
Thus, the endogenous and exogenous factors affecting the Wright Brothers' aircraft model have been identified.
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Which of the following groups uses accounting information to determine whether the company's net income will result in a stock price increase?
A. Chief Financial Officer
B. Investors in common stock
C. Creditors
D. Marketing manager
Answer:
The correct answer is B. Investors in common stock.
Explanation:
The company net income or earning per share is an indicator of price rise or fall in stock market. The increase in net earning or eps results in increase in stock price and vice versa. The investor will get more return on its investment if eps rise as price of stock instrument will increase and more earning means more dividend. So Investors in common stock uses accounting information to determine whether the company's net income will result in a stock price increase.
Jennifer’s company wants to increase online sales of a featured product by connecting with users who are actively researching similar products. What benefit would a Google Search campaign provide Jennifer?A) Her ads may appear when a user is likely to be interested in her product
B) Her materials will be displayed at the top in organic search results
C) She can instantly have a social media presence with ads
D) Her ads are likely to appear when a user is visiting a competitor’s website
Answer:
Benefit Google Search campaign provide Jennifer would be: Her ads may appear when a user is likely to be interested in her product: Option A.
Explanation:
Google Search Campaigns help the person by displaying the ads along with the results of the products or services one is offering. In other words, it will display ads in the search listings of a Google search.
Statement A best describes the same. Option B is incorrect as it will not be on the top in organic search results. Neither she will have instant social media presence with ads, as per option C. Statement D is also incorrect that her ads will appear on the competitor's website.
Martinez Company incurred the following costs during 2019 in connection with its research and development activities. 1. Cost of equipment acquired that will have alternative. 2. Uses in future R&D projects over the next 5 years (uses straight-line depreciation) $330,0003. Materials consumed in R&D projects 59,0004. Consulting fees paid to outsiders for R&D projects 100,0005. Personnel costs of persons involved in R&D projects 128,0006. Indirect costs reasonably allocable to R&D projects 50,0007. Materials purchased for future R&D projects 34,000
Answer:
Total expenses 337,000
Explanation:
Compute the amount to be reported as research and development expense by Martinez on its income statement for 2019
Materials consumed 59,000
Consulting fees paid 100,000
Salaries cost 128,000
Indirect cost 50,000
Total expenses 337,000
The materials which aren't used are not expense of the period. they will become expense when used not at purchase date.
The depreciation on the equipment will not be part of the expenses as it will be capitalized as it can be used in future projects.
Martinez Company incurred various costs related to its research and development activities, including equipment, materials, consulting fees, personnel costs, indirect costs, and materials for future projects.
Explanation:The costs incurred by Martinez Company in connection with its research and development activities include:
Cost of equipment acquired that will have alternative uses in future R&D projects over the next 5 years ($330,000)Materials consumed in R&D projects ($59,000)Consulting fees paid to outsiders for R&D projects ($100,000)Personnel costs of persons involved in R&D projects ($128,000)Indirect costs reasonably allocable to R&D projects ($50,000)Materials purchased for future R&D projects ($34,000)These costs are all expenses related to the research and development activities the company undertakes, such as acquiring equipment, purchasing materials, and paying for consulting services and personnel costs. These expenses are necessary for the company to conduct its R&D projects and drive innovation.
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The following diagram presents a circular flow model of a simple economy. The outer set of arrows (shown in green) shows the flow of dollars, and the inner set of arrows (shown in red) shows the corresponding flow of inputs and outputs.
Based on this model, households earn income when ( A. households B. Firms) purchase (A. goods and services B. resources) in resource markets.
Suppose Sharon earns $575 per week working as a programmer for PC Pros. She uses $9 to get her car washed at Spotless Car Wash. Spotless Car Wash pays Paolo $300 per week to wash cars. Paolo uses $200 to purchase software from PC Pros.
and
1. Paolo spends $200 to purchase software from PC Pros.
- A. Resource Market? B. Product Market market?
2. Paolo earns $300 per week working for Spotless Car Wash
- A. Resource Market? B. Product Market market?
3. Sharon spends $9 to get her car washed.
- A. Resource Market? B. Product Market market?
Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply.
1. The $300 per week Paolo earns working for Spotless Car Wash
2. The $200 Paolo spends to purchase software from PC Pros
3. Sharon's labor
Answer:
Based on this model, households earn income when B) firms purchase B) resources in resource markets.
Households own labor (individuals' work) and capital (savings and investments) resources.
1. Paolo spends $200 to purchase software from PC Pros.
B) Product Market market?
2. Paolo earns $300 per week working for Spotless Car Wash
A) Resource Market
3. Sharon spends $9 to get her car washed.
B) Product Market market
Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply.
2) The $200 Paolo spends to purchase software from PC Pros
3) Sharon's labor
1) The circular flow model is a representation of the economy that illustrates how money, goods, and services flow between households and Firms. Households own labor (individuals' work) and capital (savings and investments) resources.
Based on the circular flow model, households earn income when B) firms purchase B) resources in resource markets.
2) Paolo spends $200 to purchase software from PC Pros.
Answer: B. Product Market
Paolo earns $300 per week working for Spotless Car Wash.
Answer: A. Resource Market
Sharon spends $9 to get her car washed.
Answer: B. Product Market
Product Market:
The product market refers to the economic marketplace where final goods and services are bought and sold by businesses and consumers. It is the arena where goods and services are produced, distributed, and consumed.
Resource Market:
The resource market, also known as the factor market, is the marketplace where the factors of production are bought and sold. Factors of production include land, labor, capital, and entrepreneurship, which are necessary to produce goods and services.
3) The elements represent a flow from a household to a firm:
1) The $300 per week Paolo earns working for Spotless Car Wash.
This represents a flow from a firm to a household (income earned by Paolo).
2) The $200 Paolo spends to purchase software from PC Pros.
This represents a flow from a household to a firm (payment made by Paolo for purchasing software).
3) Sharon's labor.
This represents a flow from a household to a firm (Sharon's work input as a programmer for PC Pros).
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Report from a fired researcher at the company indicates the company's product is releasing toxic by-products. The company suppressed that report. A later report commissioned by the company shows there is no problem with the fertilizer. Exercises Should the company's chief executive officer reveal the content of the unfavorable report in discussions with Yellowstone County representatives? Discuss.
Answer:
The given situation comes under professional ethics.
Explanation:
Professional ethics are values that regulate the behavior of a person or a business group. They are like rules telling how a person should act in given situations.
Many times, only the legally correct statements are not enough. When the company's chief executive officer has a discussion with Yellowstone County representatives, he should disclose both the reports. By doing so, he would follow professional ethics of not suppressing reports about the toxic by-products. He could also show any flaws in the report of the fired researcher.
"________ consists of arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers."
Answer:
Positioning
Explanation:
Positioning -
It refers to the marketing strategy , where the products are marketed in a particular fashion in order to attain some identity of the product in the minds of the consumers , is referred to as positioning.
This method helps for the promotion of each and every goods and services in a distinct manner so that the consumer do not get confused while buying them .
This positioning in maintained during the complete life time of the product .
Hence , from the statement of the question,
The correct term is positioning .
Process improvement refers to the process of continually evaluating products and services to ensure maximum efficiency is being obtained from them.True / False.
Answer: True.
Explanation:
Process improvement occurs when a business establishment critically analyses it's process of operations, with the central aim of becoming more efficient in their operations. Process improvement is continuously carried out by organizations for constant improvement.
Process improvement involves evaluating and improving processes to ensure maximum efficiency and customer satisfaction.
Explanation:Process improvement refers to the process of continually evaluating products and services to ensure maximum efficiency is being obtained from them. It involves identifying and eliminating ineffective or wasteful processes to achieve better outcomes. Companies use quality techniques to study the variation present in their processes and make improvements to increase productivity. The ultimate goal is to provide customers with what they want consistently and achieve long-term company success.
Judge whether the following statement is true or false. "Since the accumulation-of-wealth stage extends into the mid-50s, financing the cost of education could remain important to me should I choose to continue my education or for the education of others who are important to me (spouse, child, etc.). It is not until Stage 2: Approaching Retirement - The Golden Years that the goal of educating children is usually accomplished. During Stage 3: The Retirement Years, estate planning issues are significant, and leaving part of my estate to fund education for my grandchildren could become important."
Answer:
True
Explanation:
Generally a person makes the most money when he/she is 40 to 55 years old, and that are the same years when their total expenses are also higher. One of the highest costs are education costs, specially their children's college costs.
Assume that your children are born when you are 30-35 years old, and 22 years later they are finishing college. That fits the time period when your income peaks, and that is why you have to try cover all education expenses before turning 60.
Once you retire, around age 65, your expenses tend to level down, and if you were able to have some accumulated wealth, then it is always a good idea to set some apart to pay for your grandchildren's college. That way you are helping both your children (reducing their costs) and your grandchildren.
A volume-cycled ventilator is in the control mode and the I/E ratio alarm is sounding. Which control adjustment would correct this problem
a. Decrease the flow rate
b. Increase the VT
c. Increase the respiratory rate
d. Increase the flow rate.
Answer:
Option "D" is the correct answer for the following.
Increase the flow rate.
Explanation:
The quantity the ventilator provides differs with adjustments in airway pressure, lung performance and ventilation system integrity.
Volume-cycled ventilators: Air passes to the patient until a fixed volume is supplied to the ventilator system, even if the airway pressure is very high.Inspiratory: Expiratory ratio applies to the inspiratory period scale: time of expiry. ... This offers a 1:2 I: E ratio, which reads "one to two." In asymmetric, this ratio is typically changed due to the increased expiration time. They could have a ratio of 1:3 or 1:4 to I: E.Gaining management agreement to a concise project goal that addresses the issue(s) of ____ is essential for both the project manager and management to stay synchronized with project expectations.
Answer:
-Scope
-Time Frame
-Budget
Which term describes the purely competitive market structure where many buyers are trying to satisfy a similar need with uniquely branded products from a relatively large number of sellers (e. g., sports-drinks)?
Answer:
monopolistic competition
Explanation:
Monopolistic competition refers to the characteristic of a sector in which several companies offer similar but not flawless replacements for products. Barriers to entry as well as an exit in such a competitive monopoly sector are minimal, and any company's judgments have no direct impact on those of its rivals. Monopolistic competition is strongly linked to the mark distinguishing corporate strategy.
The monopolistic rivalry is a middle way among monopoly with perfect competition, mixing individual elements. Both companies have the same, comparatively low level of market dominance in monopolistic competitiveness; they are all value-makers. The demand is strongly elastic throughout the long run, implying it is vulnerable to price movements
The term for a market structure characterized by many buyers and a large number of sellers offering similar but not identical products, like in the case of sports drinks, is Monopolistic Competition. Sellers in this type of market have some control over price and must constantly strive to attract customers through product differentiation and effective marketing.
Explanation:The term that describes the market structure where many buyers are trying to satisfy a similar need with uniquely branded products from a large number of sellers, like sports drinks, is Monopolistic Competition. In this scenario, a considerable number of sellers offer similar but not identical products. This is common in many real-world markets, such as the sports drinks industry for example. Here, we have many sellers, including Gatorade, Powerade, and others, each with their specific brand, formulation, and marketing strategy to differentiate their product.
Sellers have some control over price because of product differentiation, but they also face competition, keeping prices relatively competitive. As such, they need to continually work towards attracting customers by enhancing their product attributes, employing creative marketing strategies, and maintaining a strong brand image.
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Identify and briefly compare the two leading stock exchanges in the United States today. Write the main differences of the two stock exchanges.
Answer:
The two main leading stock exchanges in the United States are the New York Stock Exchange (NYSE) and the Nasdaq stock market. The NYSE is bigger than the Nasdaq, and it is a physical location exchange where traders meet to buy and sell securities. While the Nasdaq is an electronic dealer based exchange where brokers and dealers are connected electronically.
Dynotrix Motors is a large car-manufacturing company. The company purchases raw materials from many small-sized sellers across the globe. In this case, Dynotrix Motors is characterized by:
Answer:
B) high bargaining power over its suppliers.
Explanation:
Dynotrix is a large corporation, as all car manufacturers. They have huge revenues, although they are not always profitable. Car companies purchase billions of dollars worth of supplies and materials every year, therefore, every single vendor wants to work with them. That gives them a high bargaining power, since they buy huge quantities (they purchase everything in millions of units) and vendors are always competing against each other for large purchase contracts.
When marketing is effective, prices usually increase more than enough to cover the costs of marketing, so sellers make larger profits per unit sold.
1. True
2. False
According to cultural relativism, forcing a child to work in coal mines at the age of 4 is morally wrong in the US today, but is morally permissible in other cultures (e.g. 18th Century England).
Answer:
True
Explanation:
Often termed as child labor, is a situation where minors or underage children are used as workers in the industries of certain countries.
In the 18th Century England this practice occurred at the start of the industrial Revolution in Britain. Children worked in coal mines at the age of 4, some were also used as errand boys. Many of these children worked because they came from poor homes.
Therefore, the principle of cultural relativism implies that what is morally wrong in the US today, should not be used to judge against the culture in England.
18. The guarantee that English settlers in the New World would retain the ""rights of Englishmen"" proved to be A) an empty promise. B) unpopular among the settlers. C) the cause of revolutions in Spain and France. D) the foundation for American liberties. E) a catalyst for French colonization of North America.
Answer:
D) the foundation for American liberties.
Explanation:
Guarantee's that English settlers in the New World which have been retained the "rights of Englishmen" certified to be the foundation for American liberties. Basically the rights of Englishmen are been recognized as the ancestral rights of the English subjects regarding the Britisher's sovereign. The early years at Jamestown were mainly indulged by disease, starvation, as well as frequent Indian raids.
An organization meets its ________ responsibility when its actions voluntarily conform not only to legal expectations but also to the broader values and moral expectations of society.
Answer:
Ethical responsibility.
Explanation:
An ethical responsibility of a business are the things a business is supposed to do/not do such that there might not be a legal procedding against the company if it violates it as it is not codified in the law. A business is supposed to abstain from unlawful activities because it will be punished by the government if it does. However, it is also supposed to conform to the norms and values as its ethical responsibility even if there is nothing stopping them from going against it.
Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may cause a(n)
increase in the supply of televisions today.
increase in the price of televisions today.
decrease in the demand for televisions today.
Answer:
decrease in the demand for televisions today.
Explanation:
Consumers are usually interested in paying the lowest possible price for a good or service.
If they expect prices to fall in the future, they would be willing to shift demand into the future and reduce demand now.
I hope my answer helps you.
Answer:Decrease in the demand for televisions today
Explanation:
If the people are expecting a decrease in the price of televisions in the near future, then they will prefer to wait for a while at present so that the prices may go down in the future, this will help them buy televisions at a cheaper rate as compared to the current market rate.
I hope this answer clear your concept.
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Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, but not overloaded.True/false
Answer:
True
Explanation:
Critical Chain Project Management (CCPM) is referred to as the approach that works for project completion and managing. it includes the effective use of resources like people, equipment, etc.
steps include in Critical Chain Project Management (CCPM) are:
1) determine critical chain
2) estimate the resource constraints
3) focus your team
4) use single-tasking
5) estimate time for a particular task
6) check for changes, provides alternate for any change
7) present the project report
True or False: The law of supply is a direct negative relationship between the price of a good or service and the quantity of it that producers are willing to supply. The height of the supply curve at any quantity shows the minimum price necessary to induce customers to purchase that unit.
Answer:
False
Explanation:
Although the first part of the statement correctly describes the law of supply as an inverse relationship between the price of good/service and the quantity suppliers would supply (given a particular price), the second part is false.
Height of the supply curve indicates a minimum price that would incentivize suppliers to start creating a particular good. The notion of customers and purchase is related to the demand curve, not supply.
A Ponzi scheme involves using new investment dollars to trick current investors into thinking they are earning high returns. If someone running a Ponzi scheme is bringing in new investors at a rate of 25% per year and stealing 10% of investments, what return could he pay investors? (Assume the money is never really invested.)
a) 15%
b) 20%
c) 25%
Answer: a) 15%
Explanation:
If an investor is bring in someone new at 25% and is stealing 10% of the investment, the return he could pay investors is (25-10%) which is 15%.
The supply chain function works with marketing to manage the movement of physical goods throughout the supply chain. This supply chain activity is ________
Answer and Explanation:
Logistics
A company has calculated its running sum of forecast errors to be 500 and its mean absolute deviation is exactly 35. Which of the following is the company's tracking signal?
A. Cannot be calculated based on this information
B. About 14.3
C. More than 35
D. Exactly 35
E. About 0.07
Answer:
correct option is here B. About 14.3
Explanation:
given data
running sum of forecast errors RSFE = 500
mean absolute deviation MAD = 35
solution
we get here tracking signal that is express here as
tracking signal = [tex]\frac{RSFE}{MAD}[/tex] .................................1
put here value and we will get tracking signal
tracking signal = [tex]\frac{500}{35}[/tex]
tracking signal = 14.3
so correct option is here B. About 14.3
Aaron, a team leader, encourages his team members to share their efficient work practices. He then ensures that his team is accountable for their productivity. Which of the following roles best describes this behavior?
A. Executor
B. Team player
C. Motivator
Answer:
C. Motivator
Explanation:
We motivates the team to work harder so that they play better. If they don't work hard, they won't play hard.