Answer:
Work In Process Account $150,000 (debit)
Overheads $150,000 (credit)
Explanation:
Overheads are included in Work In Process Account at their Applied Amounts .Thus a Debit in Work In Process Account and a Credit in Overheads Account is required for this entry.
Last year Mason Inc. had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $320,000 and its net income was $10,549. The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by $5,250 without changing its sales, assets, or capital structure. Had it cut costs and increased its net income in this amount, by how much would the ROE have changed? Select the correct answer. a. 4.38% b. 2.14% c. 3.26% d. 3.82% e. 2.70%
Answer: d. 3.82%
Explanation:
ROE = Net Income / Equity so Equity need to be ascertained.
1.75 = Total Assets/ Total Equity
Total Equity = Total Assets/ 1.75
1.33 = Revenue / Total Assets
Total Assets = Revenue / 1.33
= 320,000/1.33
= $240,601.50
Total Equity = 240,601.50/1.75
= $137,486.57
Old ROE = 10,549/ 137,489.57
= 0.07672582
= 7.67%
New ROE = (10,549 + 5,250) / 137,489.57
= 0.11491053466
= 11.49%
Difference = 11.49 - 7.67
= 3.82%
Alaska Impressions Co. records all cash receipts on the basis of its cash register tapes. Alaska Impressions Co. discovered during October that one of its salesclerks had stolen an undetermined amount of cash receipts while taking the daily deposits to the bank. The following data have been gathered for October:
Cash in bank according to the general ledger $7,030
Cash according to the October 31 bank statement 16,240
Outstanding checks as of October 31 4,640
Bank service charge for October 20
Note receivable, including interest collected by bank in October 7,520
Requied:
a. Determine the amount of cash receipts stolen by the sales clerk.
b. What accounting controls would have prevented or detected this theft?
Answer:
a. Determine the amount of cash receipts stolen by the sales clerk.
$2,930
b. What accounting controls would have prevented or detected this theft?
It is simple, one single person cannot be in charge of collecting cash and making the deposits. At least 2 people must be involved in the process, that way, there will always be someone controlling what the other person does.
Explanation:
Reconciled bank statement:
Bank statement $16,240
- Outstanding checks $4,640
Reconciled bank statement $11,600
Cash account reconciliation:
Cash account balance $7,030
+ Note collected by bank $7,520
- Bank fees $20
Reconciled cash account $14,530
Amount stolen by sales clerk = $14,530 - $11,600 = $2,930
Garcia Company has 10,400 units of its product that were produced last year at a total cost of $156,000. The units were damaged in a rainstorm because the warehouse where they were stored developed a leak in the roof. Garcia can sell the units as is for $3 each or it can repair the units at a total cost of $18,400 and then sell them for $7 each. Calculate the incremental net income if the units are repaired
Answer:
$23,200
Explanation:
Alternative 1 Alternative 2 Incremental
no repairs repair units revenue
sales revenue $31,200 $0 ($31,200)
repair costs $0 -$18,400 ($18,400)
revenue from $0 $72,800 $72,800
selling repaired units
total $23,200
Incremental revenues refer to the extra or additional revenues generated by a business activity or transaction. In this case, repairing and then selling the damaged units would increase income by $23,200.
What is the relationship between organizational needs analysis and strategic planning? How can tying HRD programs to an organization’s strategicplan make it easier to justify requests for resources to develop and deliver HRD programs?
Explanation:
An organization's strategic planning comprises the organizational values, its mission, vision and objectives and defines a company's strategic action plans in detail so that its long-term objectives and goals are achieved.
To be effective, strategic planning must understand each system in the organization and correctly allocate the use of resources according to the needs of the company.
The analysis of organizational needs will help the company to monitor its resources and its influence on the internal and external environment, developing ideal alternatives in a market where there are changes in consumer behavior, innovation, new technologies, etc.
The programs of the human resources department must therefore be linked to the strategic plan of an organization, to facilitate requests for resources to develop and provide HRD programs, since the needs of personnel directly impact the way in which the strategic actions foreseen by the planning are developed. Organizational culture should be based on positive values that seek to motivate employees to be productive and perform their duties with dedication and excellence, so HRD programs must be considered as an essential part of the development of the internal forces that will lead an organization to success.
Suppose that the presidents of two auto manufacturing companies exchange text messages in which they discuss jointly raising prices on their new lines of hybrid SUVs. Which law does this illegal communication violate?
Answer:
Sherman Antitrust Act of 1890
Explanation:
Based on the information provided within the question it can be said that this communication is violating the Sherman Antitrust Act of 1890. This Act was passed prohibiting any contract, trust, or conspiracy in restraint of interstate or foreign trade in order to prevent oppressive business practices and monopolies. This is what the two companies are doing by agreeing to jointly raise the price they are able to control the entire markets price thus creating a monopoly in the automotive industry, which forces consumers to pay a lot more than what the vehicles are actually worth.
g Donald’s employer fires Donald after only four months on the job, a clear breach of Donald’s written twelve-month employment contract. Donald is entitled to recover as damages:
Answer:
Compensatory Damages
Explanation:
Based on this scenario it can be said that Donald is entitled to Compensatory Damages. This is a lawsuit that covers the loss that the non-breaching party incurred as a result of the breach of contract. In this scenario, Donald's employer breached the contract by firing Donald before the twelve months. Therefore Donald can sue for compensatory damages which would be the amount of money that he would have made in the rest of the twelve months.
A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5. Eleven sellers are also willing to sell at the same prices. How many transactions must the market maker make if he wants to maximize his profits?
Answer:
maximum profit ($30 in total) is obtained by selling 5 units
Explanation:
if the market maker buys and sells one unit, his/her profit = $15 - $5 = $10 if the market maker buys and sells two units, his/her profit = $10 + ($14 - $6) = $18 if the market maker buys and sells three units, his/her profit = $18 + ($13 - $7) = $24 if the market maker buys and sells four units, his/her profit = $24 + ($12 - $8) = $28 if the market maker buys and sells five unit, his/her profit = $28 + ($11 - $9) = $30the maximum profit per unit is obtained by selling only 1 unit, but the total maximum profit is obtained by selling 5 units.
Windsor Corporation has retained earnings of $702,500 at January 1, 2017. Net income during 2017 was $1,426,500, and cash dividends declared and paid during 2017 totaled $83,200. Prepare a retained earnings statement for the year ended December 31, 2017. Assume an error was discovered: land costing $89,590 (net of tax) was charged to maintenance and repairs expense in 2014. (List items that increase retained earnings first.)
Answer:
The end of the year balance in retained earnings after correction of prior period error is $2,135,390
Explanation:
It is important to note that the error discovered has reduced retained earnings previously and by the time it is corrected retained earnings would increase by that amount of $89,590
Beginning retained earnings $702,500
net income for 2017 $1,426,500
dividends declared and paid in 2017 ($83,200)
correction of prior period error $89,590
Ending retained earnings $2,135,390
The cost of units transferred from Work in Process Inventory to Finished Goods Inventory is called the cost of goods manufactured.
1. True
2. False
Answer:
1. True
Explanation:
Work in process inventory is inventory that is still undergoing processing. When the processing is completed, the goods (inventory) become finished goods. And they are transferred to Finished Goods Inventory as cost of goods manufactured. Finished Goods Inventory represents goods that are available for sale. The cost of finished goods inventory also forms part of the cost of goods sold, which is used in determining the gross profit. Accounting for work in process inventory is part of the multi-step system of accumulating and allocating cost of production to finished goods.
Joe has a full-time construction job and also does odd jobs for people on the weekends. You have purchased the materials needed to construct a fence at your house and you pay Joe $500 to build the fence. Does the payment to Joe count toward the value of GDP?
a. No, if this income is not likely to be reported to the government.
b. Yes, all income earned counts in GDP.
c. Yes, the fence increases the value of your house.
d. No, his is a non-market activity.
e. No, this is a leisure activity.
Answer:
a. No, if this income is not likely to be reported to the government.
Explanation:
The GDP refers to the gross domestic product which refers to the finalized value of the goods and services that are produced in the domestic country
In the given case since the job is done on an odd basis and the payment is made without any bill or evidence which is treated as an ineligible for the tax payment
Therefore the correct option is a.
According to the definition of profit, if a profit-maximizing firm will always attempt to produce its desired level of output at the lowest possible cost, then it will Group of answer choices
Complete Question:
According to the definition of profit, if a profit-maximizing firm will always attempt to produce its desired level of output at the lowest possible cost, then it will
Group of answer choices;
A. do so regardless of what type of competition exists in a market.
B. take a long-run perspective on costs, when such costs cannot be adjusted.
C. take a short-run perspective on labor costs which cannot be immediately changed.
D. breakdown its cost structure according to short-run adjustments.
Answer:
A. do so regardless of what type of competition exists in a market.
Explanation:
According to the definition of profit, if a profit-maximizing firm will always attempt to produce its desired level of output at the lowest possible cost, then it will do so regardless of what type of competition exists in a market.
Profit maximization is considered by economists as either a short run or long run process that ultimately influences a firm's price, investment or input costs and level of production that would result in the highest profit.
Hence, a firm makes profit when the total cost used for the production of a product is subtracted from the total revenue generated from the sales of that product.
Mathematically, [tex]Profit = Total Revenue - Total cost.[/tex]
Regardless of what competition exists in the market, a firm is only very much concerned with knowing the quantity of goods that it should produce in order to make profits. Having the answer to the above question would help a profit-maximizing firm to produce its desired level of output at the lowest possible cost.
Hence, as the firm sells more of its products, the total revenue is also increasing and thus making more profits with respect to the price level in the market.
Can you explain answer below:
#28 The Canadian subsidiary of a U.S. company reported cost of goods sold of 50,000 C$, for the current year ended December 31. The beginning inventory was 15,000 C$, and the ending inventory was 10,000 C$. Spot rates for various dates are as follows:
Date beginning inventory was acquired $1.08 = 1C$
Rate at beginning of the year $1.10 = 1C$
Weighted average rate for the year $1.12 = 1C$
Date ending inventory was acquired $1.13 = 1C$
Assuming the Canadian dollar is the functional currency of the Canadian subsidiary, the translated amount of cost of goods sold that should appear in the consolidated income statement is
Answer is C. $56,000
Answer:
$56,000
Explanation:
Data:
Cost of good sold (single) = $50,000
Weighted average rate of the year = $1.12
Cost of good sold consolidated = ???????
Solution:
In order to find the translated amount of cost of goods sold that should appear in the consolidated income statement, we will multiply the cost of goods sold given for Canadian subsidiary with the weighted average rate of the year.
Calculation:
Cost of good sold (consolidated) = $50,000 x $1.12
Cost of good sold (consolidated) = $56,000
"The conversion ratio of these convertible debentures is set at issuance at 200:1. The trust indenture for the debentures includes an "anti-dilutive" covenant. The company wants to issue 50,000 additional common shares. The conversion price after the issuance of the additional common shares will be:"
Answer:
$4
Explanation:
The conversion price of the convertible bonds set at issuance was $5 per share ($1000 par/200 conversion ratio). If the company issues more common shares, the market value of outstanding shares will fall. For instance, if the common stock price is trading at $5, Therefore, the bond and the common are at parity. If 25% more share isnissued by the company as it does in the aforementioned example -- there would be $1000000 share of common at $5 par or 200000 shares outstanding and the company intends to share 50000 more shares, or 25% more), the adjusted conversion price of the stock after issuance will now become $5/1.25 = $4 per share.
Nonetheless, i the conversion isn't being adjusted, the convertible security which was "at the money" goes "out the money". The protect convertible security holders, an anti-dilutive covenant is included in the trust indenture. The conversion price is adjusted for these dilutive effects. The new conversion pricewill be $5 original price/1.25 = $4
Use the following demand schedule to determine total and marginal revenues for each possible level of sales.
Product
Price Quantity Demanded Total Revenue Marginal Revenue
$2 0 $ ---
2 $
2 2
2 3
2 4
2 5
What can you conclude about the structure of the industry in which this firm is operating?
The industry is purely monopolistic.
The industry is purely oligopolistic.
The industry is an example of monopolistic competition.
The industry is purely competitive.
Answer:
please check the attached image for the completed table containing the answers
The industry is purely competitive.
Explanation:
please check the attached image for a clear image of the table used in answering this question
Total revenue = product price x quantity demanded
for example, total revenue when quantity demanded is 2 is $ x 2 = $4
Marginal revenue is change in total revenue.
marginal revenue = total revenue - previous total revenue
e.g. marginal revenue when quantity demanded is 2 is = $4 - $2 = $2
the structure of the industry is a purely competitive market because price is equal to marginal revenue.
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of the purchase was $5,700. The company incurred $320 in transportation costs, $210 installation fees, and paid a $230 fine for illegal parking while the dishwasher was being delivered. For what amount will the company record the dishwasher
Answer:
$5,830
Explanation:
Relevant data provided
Cash paid = $5,300
Transportation cost = $320
Installation fees = $210
The computation of the amount that will record the dishwasher is shown below:-
Total cost = Cash paid + Transportation cost + Installation fees
= $5,300 + $320 + $210
= $5,830
Therefore for computing the total cost we simply applied the above formula and ignore all other values as they are not relevant.
Chamberlain Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 6 percent coupon bonds on the market that sell for $1,083, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par?
Answer:
5.36%
Explanation:
We would need to calculate the yield to maturity of the current bonds:
YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
coupon = $1,000 x 6% x 1/2 = $30face value = $1,000market value = $1,083n = 20 x 2 = 40YTM = {$30 + [($1,000 - $1,083)/40]} / [($1,000 + $1,083)/2] = $27.925 / $1,041.50 = 0.026812 x 2 = 0.05362 = 5.36%
Since the bond's coupon rate is higher than the market rate, the bonds are sold at a premium. In order to sell bonds at the par value, you must lower the coupon rate.
Parramore Corp has $17 million of sales, $3 million of inventories, $4 million of receivables, and $3 million of payables. Its cost of goods sold is 65% of sales, and it finances working capital with bank loans at an 6% rate. Assume 365 days in year for your calculations. Do not round intermediate steps.
What is Parramore's cash conversion cycle (CCC)? Do not round intermediate calculations. Round your answer to two decimal places.
days
Answer:
Parramore's cash conversion cycle (CCC) is 85.88 days.
Explanation:
The cash conversion cycle (CCC) refers to a metric that is used to express the time or number of days a firm takes to convert its inventory and other investments resources into cash flows from sales.
CCC has three components: Days Inventory Outstanding (DIO), Days Sales Outstanding (DSO), and Days Payable Outstanding (DPO). CCC can therefore be calculated using these three components as follows:
CCC = DIO + DSO - DPO ........................... (1)
We need to calculate each of these components first as follows:
DIO = (Inventories / Cost of good sold) * 365 = [3 / (65% * 17)] * 365 = 99.0950226244344
DSO = (Receivables / Sales) * 365 = (4 / 17) * 365 = 85.8823529411765
DPO = (Payable / Cost of good sold) * 365 = [3 / (65% * 17)] * 365 = 99.0950226244344
Substituting all the values into equation (1), we have:
CCC = 99.0950226244344 + 85.8823529411765 + 99.0950226244344 = 85.88 days.
Therefore, Parramore's cash conversion cycle (CCC) is 85.88 days. That is, it takes Parramore Corp 85.88 days to convert its inventory and other investments resources into cash flows from sales.
Luana sells Beta Corporation stock with an adjusted basis of $58,000 and a fair market value of $70,000 for $64,000.
Luana has a realized of ________________ $ .
Answer:
Gain of $6,000
Explanation:
Since we were told that Luana sells Beta Corporation stock with an adjusted basis amount of $58,000 and a fair market value of the amount of $70,000 for $64,000 this means we have to less $64,000 from $70,000 which will give us a gain of $6,000
$70,000 -$64,000
=$6,000
This means that Luana has realized a Gain of $6,000
Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements Depletion Expense, indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A. Added to Net Income
B. Deduct from Net Income
1. Increase in accounts receivable
2. Increase in inventory
3. Decrease in prepaid expenses
4. Decrease in accounts payable
5. Increase in accrued liabilities
6. Increase in income taxes payable
7. Depreciation expense
8. Loss on sale of investment
9. Gain on disposal of equipment
10. Amortization expense
Answer:
1.B
2.B
3.A
4.B
5.A
6.A
7.A
8.A
9.B
10.A
Explanation:
The Net Income is adjusted with non-cash items and changes in working capital to reach Net Cash Flow from Operating Activities.
The Non Cash Expenses previously deducted must be added back whilst the Incomes previously included must be deducted from it.
The items that increase Working Capital must be deducted whilst items that decrease working capital must be added back.
Time Remaining 1 hour 48 minutes 56 seconds01:48:56 Item 5Item 5 Time Remaining 1 hour 48 minutes 56 seconds01:48:56 Accounts payable are: Multiple Choice Amounts received in advance from customers for future services. Always payable within 30 days. Estimated liabilities. Amounts owed to suppliers for products and/or services purchased on credit.
Answer:
Amounts owed to suppliers for products and/or services purchased on credit.
Explanation:
Accounts payable are basically short term debts that a company has with its suppliers. E.g. a retailer purchases goods from a wholesaler on terms n/30. In this case, the accounts payable would be the amount of money owed to the retailer. There is no specific time frame for an accounts payable, since it varies depending on the credit that the supplier gives. E.g. sometimes a supplier will sell on a 45 day credit period, or even 60 day period.
Two cities are identical in all respects except City A has an assessment ratio of 100% and City B (in another state) has an assessment ratio of 25%. Both cities need to raise $1,000,000 in property tax revenues. The statutory tax rates on property are
Available Options are:
A. higher in City A than City B.
B. higher in City B than City A.
C. identical in both cities.
D. dependent on non-property tax revenues in each.
Answer:
Option B. Higher in the city B than in city A.
Explanation:
If we talk about the assessment ration, then it is calculated as under:
Assessment ratio = Value of property assessed by municipality / Fair Market value of the property
This ratio helps in calculating the property tax for each year and if the ratio is higher then the property tax rate will be set higher to collect the target property tax revenue and vice versa.
As in this case, the assessment ratio of company B is 100% which is higher than city A, which means that the city B will require higher tax rates to collect the target property tax revenue.
Hence the property tax rate in city B will be higher than City A to collect the same target property tax revenue.
On November 1, 2021, New Morning Bakery signed a $195,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2022. New Morning Bakery should record which of the following adjusting entries at December 31, 2021?
A. Debit Interest Expense and credit interest Payable. $1950.
B. Debit Interest Expense and credit Interest Payable, $5850.
C. Debit Interest Expense and credit Cash, $1950.
D. Debit Interest Expense and credit Cash, $5850.
Answer:
Option A is correct
Explanation:
The amount owed and the interest would be paid in six months' time ,hence,prior to that time,any interest incurred would be accrued for.
December 31 2021 is two months after the note payable agreement was reached ,as a result,there is need to record accrued interest for two months,November and December.
Interest accrued=$195,000*6%*2/12=$1950
Interest expense is debited while interest payable is credited
Years ago, a bond was issued at par with a 7% coupon. This year, new issue bonds of similar credit quality are being issued at 10%. Which statement is TRUE
Answer: A. The new bonds will be issued at a premium to the current price of the 7% bonds
Explanation:
The New Bonds will have a coupon of 10% which will be higher than the 7% that was previous on offer for the same type of bonds.
This means that the same type of bond is giving a greater return than before. Investors will therefore want more of the bond giving out better returns and will not mind paying a higher price to get it.
For this reason, the bonds issued this year with a 10% coupon will sell at a Premium (higher than) the bonds that were issued years ago that only have a coupon rate of 7%.
Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Assume a target income of 10% of average invested assets. Compute residual income for the division:
Answer:
$193,000
Explanation:
Carter Company
Sales 4,525,000
Cost of goods sold -2,550,000
1,975,000
Operating expenses -1,372,000
Net Income 603,000
Average invested assets 4,100,000
Target income 10% 410,000 410,000
Residual income $193,000
Marigold Corporation acquires a coal mine at a cost of $420,000. Intangible development costs total $105,000. After extraction has occurred, Marigold must restore the property (estimated fair value of the obligation is $84,000), after which it can be sold for $168,000. Marigold estimates that 4,200 tons of coal can be extracted.
Required:
If 735 tons are extracted the first year, prepare the journal entry to record depletion.
Answer:
Inventory Dr $77,175
To Accumulated depletion $77,175
(being the depletion is recorded)
Explanation:
The journal entry is shown below:
Inventory Dr $77,175
To Accumulated depletion $77,175
(being the depletion is recorded)
For recording this we debited the inventory as it increased the assets and credited the accumulated depletion as it decreased the assets
The computation is shown below:
= (Cost of coal mine + intangible development cost + estimated fair value of the obligation - sales value) ÷ (extracted estimated tons) × (extracted tons for the first year)
= ($420,000 + $105,000 + $84,000 - $168,000) ÷ (4,200 tons) × (735 tons)
= $77,175
Tomas is a manager at a frozen food company and wants to understand the way people in different countries think and act so that the company can respond to their needs appropriately. What is the best aid he can use to accomplish this?
Answer:
The best aid to accomplish this is a knowledge of the foreign country's history
Explanation:
If Tomas wants to understand the way people in different countries think and act then he has to have a knowledge of the history of these people from different countries so that the company can serve them appropriately. This would help to foster better customer service delivery and also aid in effective communication. This is a great step towards success for the company.
The purchasing function, sometimes called ________, is an important part of any firm's production strategy.
Answer:
Procurement
Explanation:
The purchasing function, sometimes called procurement is an important part of any firm's production strategy. The role of procurement is simply to get goods and services for the business needs.
Procurement is the act of getting goods or services, for business purposes. It is generally the last act of purchasing.
Willow Creek Company purchased and installed carpet in its new general offices on April 30 for a total cost of $18,000. The carpet is estimated to have a 15-year useful life and no residual value.A. Prepare the journal entry necessary for recording the purchase of the new carpet.B. Record the December 31 adjusting entry for the partial-year depreciation expense for the carpet, assuming that Willow Creek Company uses the straight-line method.
Answer:
Entries are given below
Explanation:
Requirement A: Purchase of New Carpet on April 30
DEBIT CREDIT
Carpet $18,000
Cash 18,000
Requirement B: Depreciation Entry
Calculation
Annual Depreciation = 18000/15years = 1200
8 Monthths Depreciation = 1200 x 8/12 = 800
8 months = 1 May to Dec 31
DEBIT CREDIT
Depreciation Expense $800
Accumulated Depreciation $800
True or False: Computing interest using the sum-of-the-digits method allocates more interest at the beginning of a loan than at the end of the loan.
Answer:
True
Explanation:
To illustrate how the sum-of-the-digits method allocates interest we can use a lease example:
You are the lessor and you will lease a machine during 4 years. The lease requires 4 equal payments of $100,000 at the beginning of the year. After the lease, the asset's salvage value = $0.
The asset's current value = $300,000, so total interests received = $100,000
Using the sum-of-the-digits method, you will allocate interest as follows:
year 1 = 3/6 x $100,000 = $50,000year 2 = 2/6 x $100,000 = $33,333year 3 = 1/6 x $100,000 = $17,000The largest portion of interests is allocated during the beginning of the loan.
Which policy will allow a health care institution to achieve cultural competence most effectively?
A) Making all client education materials available in the client's native dialect.
B) Recruiting culturally diversed health care providers to staff the institution.
C) Providing a merit bonus to employees who complete cultural awareness courses.
D) Implementing a closed circuit television system to broadcast multilingual programming.
Answer:
B)
Explanation:
Cultural competence refers to the ability to understand, communicate with, and effectively interact with people across various cultures. Therefore the best policy to achieve this would be recruiting culturally diverse health care providers to staff the institution. Making sure that the staff is culturally diverse will increase the institutions probability of being able to properly interact and understand all cultures that they do business with.