The member countries of BERPHO, a regional free trade area wanted to adopt a common currency, the "BERPH." The "BERPH" was modeled after and, in fact, was exactly similar to the euro. Establishment of the "BERPH" requires participating national governments to

The correct answers are a. True, b. False, c. True, d. False. All of these statements relate to major components of a system of cash handling controls.

The answers to your true or false questions are:
a. True. A basic guideline for safeguarding cash involves making sure that all cash receipts are deposited into a bank account promptly, and certainly more frequently than weekly or monthly. This helps prevent mishandling or theft of funds.
b. False. A voucher system of control is a method used for controlling cash disbursements, not cash receipts. This system creates a paper trail so that all payments can be verified and tracked.
c. True. Having different people handle cash and maintain records is a key safeguard to reduce the risk of theft or fraud. This separation makes it harder for an individual to both commit and hide fraudulent activity.
d. False. A petty cash system is indeed a control procedure, typically used to manage small, incidental cash transactions within an organization. This system reduces the risk of misappropriation by requiring documentation and custodial control for each cash transaction.

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Answer:

The question is incomplete, The complete question with options should be;

When Sebastian wrote the contract with BP for over two billion dollars, he included targets for performance that had to be met before a payment would be released. Sebastian was trying to avoid ________bias.

A. overconfidence

B. escalation of commitment

C. sunk-cost

D. framing

E. hindsight

The answer is

B. Escalation of commitment

Explanation:

Escalation of commitment is a human behavior pattern in which an individual or group facing increasingly negative outcomes from a decision, action, or investment regardless continues the behavior instead of changing the course.

It simply means the irrational behaviour of investing additional resources to a project that is failing.

These resources could be time, energy and money that an individual continue to invest into a falling and sinking venture or business

So, in this situation, before releasing the payment, Sebastian ensures that the targets should be met for the performance. He is avoiding the situation of escalation of commitment bias of him continuing to release or invest money into an already failing contract.

Answer:

modified rebuy

Explanation:

A modified rebuy takes place when a buyer decides to make another purchase form his/her usual vendor, but the new purchase includes some different items or different characteristics than previous purchases. In this case, Levi is modifying the characteristics of the goods that he usually purchases from his usual vendor.

Answer:

A) the firm should hire additional workers.

Explanation:

if the marginal production of the tenth worker is 5 units or output and the price of each unit is $4, the the workers total marginal product revenue (MPR) = 5 units x $4 per unit = $20

Since the cost of hiring that tenth worker is $15 (less than MPR), then the company should hire more additional workers until the MRP = labor cost

Final answer:

According to economic theory, given the VMP of the 10th worker is greater than their wage, the firm should hire additional workers as this will increase profit.

Explanation:

The decision-making process of a firm on whether to hire additional workers based on economic principles, notably the concept of Marginal Product (MP) and Marginal Revenue Product (MRP). In this scenario, a firm pays its workers $15 per hour, and the 10th worker's MP is 5 units of output, with each unit priced at $4. According to economic theory, a firm should hire additional workers as long as the cost of an extra worker is less than the Value of Marginal Product (VMP). The VMP is calculated as the MP of the worker multiplied by the price of the output. In this case, the VMP of the 10th worker is $20 (5 units * $4), which is greater than the wage rate of $15. Therefore, it is profitable for the firm to hire more workers since the revenue generated by the last worker hired exceeds their cost.

Answer:

you're receiving too small of a gain

Explanation:

Based on the information provided within the question it can be said that offering a price so low that buyers immediately accept it might mean you're receiving too small of a gain. That is because if a buyer is immediately accepting it, then it can be because they realize that it is a great deal and that they will most likely not find a better price anywhere else and immediately decide to buy it from you. Therefore you can be selling it for an increased profit margin by increasing the price.

Answer:

$32,407.41

Explanation:

Present value (PV)= C/(1+i)^n

C=amount of money to be discounted

n=number of periods

I=interest rate.

C= $35,000

n=1 year

I=8% or 0.08

PV= $35,000/(1+0.08)^1

= $35,000/1.08

=$32,407.41

Answer: Option 3. Warehousing

Explanation: Warehousing can simply be defined as a situation whereby banks and other lenders make mortgage loans to consumers for the purpose of quickly selling those loans on the secondary market and furthermore, "warehousing" happens when individual loans are bundled, often with a common element such as the size of the mortgage or credit worthiness of the borrowers, and sold as a single unit.

Answer:

The correct answer is B. An indirect cost.

Explanation:

The indirect cost is that which affects the production process of one or more products that a company sells, and that cannot be measured and assigned directly to one of the productive stages or to a specific product, but it is necessary to assume a consistent allocation criteria.

That is, an indirect cost affects several products and to assign this cost to each product it is necessary to ask the following question: How could I distribute this cost among the units I produce? When you produce a car you know that it is necessary to put 4 wheels, but ... do you know how much electricity you need in the production of each car? This is the main difference with the direct cost, since the direct costs can be associated very clearly to the final product and without the need to establish an imputation criterion.

Answer:

present value of perpetuity = $29615.93

Explanation:

given data

pay = $300 per year

interest rate = 3%

solution

we get here present value payment after 5 year is

present value = [tex]\frac{future\ value}{1+ discount\ rate }[/tex] ...........1

present value = [tex]\frac{1000}{(1+0.03)^5}[/tex]

present value = $862.60

and

now we get present value on purchase date

present value = [tex]\frac{payment}{interest\ rate}[/tex]   ......2

present value = [tex]\frac{862.60}{0.03}[/tex]

present value = $28753.33

and

present value of perpetuity is

present value of perpetuity =  $862.60 + $28753.33

present value of perpetuity = $29615.93

Answer:

Set up cost

Explanation:

Set up is the cost incurred to purchase or buy equipments and items needed to start up production and it is a very essential cost to consider when quantity discounts are offered because it would help rearrange the cost that would be incurred in production.

Answer:

True

Explanation:

It is true that small businesses can often introduce new products more quickly than larger ones due to their ability to make swift decisions and utilize new technologies, which enhances efficiency and shortens the product development cycle.

True, one advantage of a small business is that it can often introduce a new product in a short period of time.

This agility comes from being able to quickly make decisions without the lengthy approval processes that might bog down larger companies.

Small businesses can leverage new technology, like inventory management systems and supplier communication platforms, to be more efficient, allowing for faster design and distribution of new products.

However, on the supply side of markets, it's generally more challenging for producers to expand production rapidly.

It can be costly and difficult to build new infrastructure or hire many workers in the short run, but a small business's simplicity and flexibility can mitigate these challenges to some extent, enabling quicker market responses compared to larger, more established companies.

Answer:

The correct anwer is True.

Explanation:

Engineers must not complete, sign or seal drawings and / or specifications that are not in compliance with applicable engineering standards. If the client or employer insists on such non-professional conduct, he must notify the appropriate authorities and withdraw from the additional service in the project.

The statement is True. VW engineers were ethically obligated not to participate in the emissions cheating project and to inform outside authorities.

The engineers at Volkswagen (VW) who were involved in the design and implementation of the emissions cheating scandal were faced with an ethical dilemma. By installing defeat devices, they actively participated in a scheme that violated environmental regulations and public trust. Ethics in engineering demand that professionals adhere to principles of honesty, integrity, and respect for the environment. When corporate leadership pressures employees to engage in unethical practices, these individuals have a duty to refuse participation and report the misconduct to appropriate authorities. The VW emissions scandal caused significant harm to the planet by contributing to air pollution and undermined the integrity of the automotive industry. The engineers' obligation to protect the public and the environment overrides their loyalty to their employer in such cases of blatant ethical violations.

Answer:

The correct answer is marketing research.

Explanation:

Marketing research is the process that includes the actions of identification, collection, analysis and dissemination of information with the purpose of improving marketing decision making. Its implementation occurs basically for two reasons: (1) to solve problems, for example, determine the potential of a market; and / or (2) to identify problems, for example, to know why a product does not have the expected consumption. In essence, it seeks to meet the customer thus complying with the first premise of marketing.

Answer:

35.91%

Explanation:

The formula and the computation of the debt to capital ratio is shown below:

The debt to capital ratio equals to

= (Debt ÷ total invested capital) × 100

where,

Debt = Total capital - stock price × number of shares outstanding

= $110 million - $15 × 4.7 million shares

= $110 - $70.5 million

= $39.5 million

And, the total invested capital is $110 million

So, the debt to equity ratio is

= $39.5 million ÷  $110 million

= 35.91%

Final answer:

The debt-to-capital ratio of Kaye's Kitchenware is calculated by subtracting the market value of equity from the total capital to get the value of debt and then dividing that by the total capital. The result is a ratio of 0.359 or 35.9%.

Explanation:

The student is asking how to calculate Kaye's Kitchenware's debt-to-capital ratio. The market/book ratio of 1 indicates that the market value of equity equals the book value of equity. Since stock price is $15 per share and there are 4.7 million shares outstanding, the market value of equity is $15 multiplied by 4.7 million, which equals $70.5 million. Total capital is given as $110 million, and since the company finances with debt and common equity, we can subtract the market value of equity from total capital to determine the value of debt.

Debt = Total Capital - Market Value of Equity = $110 million - $70.5 million = $39.5 million

Finally, to find the debt-to-capital ratio, we divide the value of debt by the total capital:

Debt-to-Capital Ratio = Debt / Total Capital = $39.5 million / $110 million

Therefore, the debt-to-capital ratio of Kaye's Kitchenware is 0.359 or 35.9%.

Answer: A

Explanation:

The equity method of accounting for an investment is a type of accounting that is used when an investor has a significant impact on the investee but does not use control it fully, just like the relationship between a parent company and its branch. In cases where the equity method of accounting is used, the investee is referred to as an affiliate or an associate.

An investor can only have a significant influence over the investee if it owns 20% to 50% of the shares or voting rights of the investee.

Answer:

B. It is generally associated with self-managed work groups

Explanation:

Answer:

Credit to Gain on Sale of Investments for $2,400

Full question:

In New York City, a privately funded program pays low-income parents $50 every two months for each child who attends school regularly during that period. This incentive illustrates a _____ schedule of reinforcement.

A. fixed-interval

B. fixed-ratio

C. variable-interval

D. variable-ratio

Answer:

This incentive illustrates a fixed-interval  schedule of reinforcement.

Explanation:

A fixed-interval schedule is a plan of reinforcement where the first acknowledgment is compensated only later a designated measure of time has transpired. This plan makes high amounts of returning near the end of the interval but much delayed responding quickly after the delivery of the reinforcer.

The acknowledgment rate in a fixed-interval reinforcement schedule is reasonably anticipated; it improves as the reinforcement time arrives and then falls off precipitously directly subsequent reinforcement. It can be an essential tool when preparing new behaviors.

Answer:

During the World War II, in the United States, (c.) unemployment declined, production soared, and income taxes increased

Explanation:

The World War II in the United States brought about various changes positively for the economy of the country and its citizens. As  result of the need for more hands during the war, millions  of young people were recruited into the war while millions of several categories of people ranging from housewives, students, retired citizens entered the labor force lured by high level of patriotism and increased wages.

The economy boomed during the period under President Franklin D. Roosevelt as various unions and associations supported his policies that brought America to become a more formidable country during and after the World War II.

Answer:

unemployment declined, production soared, and income taxes increased.

Explanation:

During the second world ear there was a decline in unemployment because more shoulders were employed to fight the war. Also gun manufacturers produced more goods during this time, so productivity was high. The gun factories also employed workers to aid prouction.

Because of increase employment into the army and factories income level increased in the United States, resulting in an increase in income taxes.

Answer:

Encoding

Explanation:

Encoding of a message can be defined as the production of the message because It is a system of coded meanings, and in order to create that, the sender of the message needs to understand how the message is comprehensible or will be decoded to the members of the audience.

Cremics obviously did not understand how saffron trident will be understood by the indians which led to the problem of miscommunication.

Answer:

Encoding

Explanation:

In communication encoding is the process by which messages are formed and is a system of coded meanings of the message. The sender must ensure the audience can understand his message. Decoding is how well the audience understands the message sent.

In this instance when Saffron used the trident in its promotion effort to India, it should have found a way to emphasise the trident used meant three levels of efficacy of the drug. And not it's religious meaning.

While encoding the message must consider how the recipient will perceive the message.

Answer:

Option b.

Explanation:

Marvin and Maria start selling handmade jewellery to distributors nationwide, and intend to form an LLC. Marvin and Maria enter into four contracts with distributors while the LLC is in the process of being formed but before the LLC is formally in existence. Once Marvin and Maria form the LLC once the LLC: is formed and adopts the contracts, it can then enforce the contract terms.

If general interest rates fall, the prices of existing bonds would rise as they become more attractive to investors looking for higher yields than the prevalent rate. Consequently, the yield to maturity for these bonds decreases because it's inversely related to the bond price.

If general interest rates were to fall, the prices of existing bonds would rise and yields to maturity would fall. This occurs because when an existing bond has a yield higher than the prevalent rate, its price rises as it becomes more attractive to investors. Conversely, the yield to maturity falls because it's inversely related to the bond's price.

Financial markets display a wide range of interest rates, usually influenced by a combination of the federal funds rate and the forces of supply and demand in the lending and borrowing markets. Hence, a drop in general interest rates reduces the yields to maturity as well.

It's crucial to note that the relationship between bond prices, interest rates, and yields to maturity is specific and generally holds irrespective of whether the interest rates rise or fall. The present value calculation further elucidates this concept.

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Answer:

D.  The legislative branch, requesting a new law in this area

Answer:

D.  the legislative branch, requesting a new law in this area

Explanation:

The legislative branch of a government is saddled with the responsibility of making new laws and changing old laws. In the United States, this branch is composed of the House of Representatives and the Senate, making up the congress that writes or enact laws.

Therefore, the government branch that would be most effective to run for addressing the need for a change in the legal environment is the legislative branch of government.

Answer:

B) the allowance account and estimates are used.

Explanation:

When a company uses the allowance method, it will record an adjusting entry for the losses it anticipates from bad credits given to customers. The bad debts expense account is debited and the allowance for doubtful accounts (contra asset) is credited. Then as time passes and the amount of bad debts is  exactly determined, another adjusting entry is necessary depending whether the estimate was correct or not, or if it was under or over estimated.

Under the allowance method in financial accounting, both the allowance account and estimates are indeed employed. This method helps companies anticipate non-payment losses before they occur by matching the expense to the revenue earned in the same period.

The correct answer to your question is option b: the allowance account and estimates are used under the allowance method. The allowance method, often used in financial accounting, involves estimating uncollectible accounts at the end of each period. This method matches the expense of uncollectable accounts to the revenue earned in the same accounting period, allowing companies to anticipate potential loss from non-payments before the loss is definitively known. This process is typically followed by larger companies because it complies with the matching principle in accounting, where expenses are matched with revenues on the Income Statement during the period when the revenues are recognized, not when they are actually paid.

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Answer:

entrepreneurial spirit

Explanation:

Classical economists consider that there are 3 factors of production: land, labor and capital. But more modern approaches also include entrepreneurship as the forth factor, and some even consider technology as a fifth one.

An entrepreneur is the person that combines the factors of production and creates a business. The key characteristics of successful entrepreneurs (or entrepreneurial spirit) is innovation, creativity, passionate, future oriented, optimistic, and resourceful.

Joie de Vivre's CEO demonstrates an entrepreneurial spirit which is described as the positive, forward-thinking desire to build a profitable, sustainable business.

Looking at the information in the question, it can be inferred that Joie de Vivre's CEO demonstrates a strong level of entrepreneurial spirit. This term is used to describe the positive, forward-thinking desire to establish and grow a sustainable, profitable business. Those with an entrepreneurial spirit are often visionary, optimistic, and driven, taking risks and pushing boundaries to achieve their business goals. They continuously seek improvement and innovation, which are critical for the success of an enterprise in our ever-changing market.

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Answer:

Adaptive manufacturing

Explanation:

Based on the information provided within the question it can be said that the production strategy that is being mentioned is called Adaptive manufacturing. This uses many practices in order to develop, produce, and deliver products with high demand, while also efficiently managing and using all the existing resources that the company has at it's disposal.

Answer: Adaptive manufacturing

Explanation:

Adaptive Manufacturing is a joint project by Oliver van Herpt and Sander Wassink which began in 2014. An important part of their project was to highlight the production process.

Adaptive Manufacturing answers the question about how craftsman has been replaced by technological production thereby removing all traces of local and human influence.

There is the production process at the beginning of every product. When craftsmen were replaced by machines, there was loss in the translation of local influences into products.

Adaptive manufacturing is a 21st century addition to production strategy which uses six sigma,lean manufacturing strategies, and real-time actionable intelligence to enhance production.

Answer:

The best choice is to accept $200 in 10 years.

Explanation:

The offer is $100 today with interest for 10 years or $200 after ten years.

Applying the interest on $100

For 4% interest

4/100 *100 = $4

4*10 =40

Amount = $100+$40 =$140 --------a bad choice

For 6% interest

6/100*100 = $6

$6*10 = $60

Amount = $100+$60= $160---------still a bad choice

For 8% interest

8/100*100 =$8

$8*10 = $80

Amount = $100+$80 = $180 -------still not a better choice

The best choice is to accept $200 in 10 years.

Final answer:

The correct choice would be to take the $100 today if the available interest rate is 8 percent, because at this rate, the future value of $100 after 10 years would exceed $200.

Explanation:

The student's question involves present value analysis, which is a concept in finance that pertains to determining the value today (present value) of an amount of money to be received in the future, using a specified interest rate. The choice between $100 today versus $200 in 10 years depends on the opportunity cost of not having the money today, which can be evaluated by calculating the future value of $100 given different interest rates.

Let's calculate the future value of $100 at various interest rates after 10 years and compare it with the $200 offer:

At 4% interest rate, future value = $100 * (1 + 0.04)^10 = $148.02

At 6% interest rate, future value = $100 * (1 + 0.06)^10 = $179.08

At 8% interest rate, future value = $100 * (1 + 0.08)^10 = $215.89

Based on these calculations, you would prefer to take the $100 today if the interest rate is 8 percent, as the money can grow to be more than $200 in 10 years at that interest rate. Hence, the correct answer is 8 percent.

Answer:

(a) operations

Explanation:

Answer:

A. A salon shifts from Boston to New York and employs a new cashier through internet recruitment.

Explanation:

External source of recruitment is the process that involves hiring people or workers from outside the organization. The other options listed in the question are examples of internal recruitment. In the case of the Salon, they hire a person through the internet that has no affiliation or previous work status with the salon. External source of recruitment seeks applicants who are external or outside to the organization. This is usually done when suitable candidates for a position are not found internally or when the organization is expanding. It encompasses hiring workers who has never been associated with the organization.

The example of an external source of recruitment given is a. A salon moves from Boston to New York and employs a new cashier through Internet recruitment. Other options are examples of internal recruitment.

The question you asked refers to the concept of external source of recruitment. This method involves the hiring process of recruiting resources or potential employees from outside the organization. As per the options given, the correct answer is: a. A salon moves from Boston to New York and employs a new cashier through Internet recruitment. This is an example of an external source of recruitment because they are bringing in talent from outside of their current team. The other options are examples of internal sources of recruitment as they involve promoting or referring individuals who are already part of the organization.

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Answer:

lead generation.

Explanation:

Lead generation -

It refers to the process of generating the interest of consumers regarding any goods and services , is referred to as lead generation .

The method is useful in the field of marketing , as it increases the possibility of the consumers buying the product and hence , increases the sale , which in turn is profitable to the company .

The method of lead generation is the part of advertizing or publicizing the goods and services .

Hence , from the given scenario of the question ,

The correct answer is lead generation .