The process of monitoring, comparing, and correcting work performance is the management function known as Controlling.
One of the main mission-driven responsibilities of management in an organization is control. To make sure that activities are carried out in accordance with the plans and to take corrective action if necessary, it is a process of comparing the actual performance with the company's established standards.
Every manager is required to keep an eye on and assess the performance of his staff. It assists the manager in taking the necessary corrective action within the allotted time frame to prevent a contingency or corporate loss.
At the lower, middle, and upper levels of management, controlling is carried out.
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what type of transaction do you create to account for depreciation? answer: a. statement charge b. ledger posting c. journal entry d. depreciation post
A statement charge is the type of transaction being created for the purpose of accounting the amounts related to depreciation of an asset. Therefore, the option A holds true.
A depreciation of an organization's assets can be referred to or considered as the reduction in its values due to expected and healthy wear and tear due to usage in the firm over a prolonged period of time. The depreciation is an expense for an organization, and is thus, posted as an expense in the financial statements of the company.
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Which of the following is an example of a strategic alliance partnership that uses a network cooperative strategy? a Redbox b. Oneworld ora DowAksa d. Mittercoors
One world or Dow Aksa is an example of a strategic alliance partnership that uses a network cooperative strategy
A strategic alliance is an agreement between two or more parties to collaborate in order to accomplish a certain set of objectives while continuing to run their respective businesses independently. Each member of the alliance believes that the alliance's advantages will outweigh the outcomes of their individual efforts. It is a cooperative or synergistic effort. Common components of alliances include the transfer of technology, economic specialisation, shared costs, and risk sharing. Typically, a formal agency, partnership company, or corporate affiliate arrangement will be superior to a strategic alliance. When two businesses each have one or more corporate assets or talents that will advance the other by advancing their respective sectors, a strategic alliance is often created. Outsourcing relationships that attempt to accomplish long-term objectives
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giannis company sells a single product for $100 per unit. budgeted sales units for january are 2,400 units. total budgeted sales is:
Giannis Company charges $100 for each unit of its one product. 2,400 sales units are planned for January. The $240,000 total sales projected is.
A budget is what?In business, budgeting entails taking a look at an organization's projected earnings (the money the business receives from selling goods and services) and expenditures (the money the organization spends on paying expenses and bills) over a given time frame in the future.
How do you determine the overall planned sales?Your sales budget can be calculated once you've gathered data on your prior sales, market trends, and consumer intents. To accomplish this, multiply the anticipated unit sales volume by the current sales price.
Selling price= $100 per unit
Units= 2,400
Total budgeted sales= Selling Price ( per unit) X Total units
= $100 x 2,400
= $240,000
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Abolition moved slowly in the us because there were few abolitionist workers. northern states were still slave states. the north’s textile industry depended on slavery. the south’s economy depended on slavery.
Earlier movements to abolish slavery were less organized, less radical, and less time-sensitive than the abolitionist movement. Around 1830, it made its formal debut.
Briefing:-The Second Great Awakening, a religious movement, is credited with inspiring abolitionists to fight against slavery, according to historians.
The American abolitionist movement: what was it?Abolitionism, a movement to abolish slavery in the United States, was active from the late colonial period until the American Civil War, whose conclusion resulted in the Thirteenth Amendment to the United States Constitution outlawing slavery in the country (ratified 1865).
How did the abolitionist movement affect America?Abolitionists joined themselves with the Union side after the Civil War broke out in 1861. When President Abraham Lincoln announced the emancipation of slaves in several regions of the South on January 1, 1863, they celebrated. The 13th Amendment to the U.S. Constitution ended slavery in the nation in 1865.
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Answer:
the South’s economy depended on slavery.
Explanation:
D/4
If a city wanted to increase its urban density, which of the following changes should be implemented?
a. increase the suburban sprawl
b. increase the lot size on new home developments
c. increase the number of single-family homes
d. increase the number of apartments and condos
A city wanted to increase its urban density, increase the number of apartments and condos the changes should be implemented.
What is the city?The term “city” refers to the place of the small population, but all facilities are included. The city is a place located in the geographical center. The city's amenities include parks, infrastructure, and buildings.
As the city grows, the urban areas expand, and a greater number of apartments and condos are built. A condo is similar to an apartment in structure, typically being a unit within a larger residential building, however condos are owned rather than rented.
As a result, the city wanted to increase its urban density, increase the number of apartments and condos the changes should be implemented. Therefore, option (d) is correct.
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in your opinion, why does a business have a responsibility to employees and community stakeholders in a business- or plant-closing decision
In your opinion, why does a business have a responsibility to employees and community stakeholders in a business- or plant-closing decision “Society is stressful that organizations, each public and private, serve a social purpose,” he wrote in a draft of the letter that became shared with me.
“To prosper over time, each organization ought to now no longer simplest supply economic performance, however, additionally display the way it makes a nice contribution to society. "Social duty method that except maximizing shareholder value, companies have to perform in a manner that advantages society.
Socially accountable organizations have to undertake regulations that sell the wellbeing of society and the surroundings at the same time as lessening bad influences on them. A stakeholder's number one function is to assist an organization meet its strategic targets via way of means of contributing their revel in and angle to a project. They also can offer essential substances and resources. Their help is vital to a a success project.
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is the maximization of profit margin (profit as a percentage of total sales) a valid financial objective of a corporation? discuss.
I work for a company where the maximization of profit margin is not a legitimate financial goal because I can constantly raise prices and thereby profit margins without finally pricing myself out of the market.
Why shouldn't profit maximization be the main objective of financial management?Even though making a profit is the ultimate goal of every business, profit maximization in financial management can position an excessive emphasis on profits and insufficient emphasis on other parts of the business, including such customer retention, social and economic well-being, and other goals and aspects of a company.
Why is maximizing wealth preferred over maximizing profit as a goal?Profit maximization is an outdated idea, thus it doesn't take into account modern views of business and profitability. Wealth maximization is a revolutionary concept that covers a wide variety of topics and incorporates as many variables as is practical. Therefore, as a strategy, wealth maximization is preferred to profit maximization.
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three friends split the cost of living together evenly. their rent is $690, and their other expenses total $859.32. how much does each person pay
Each person pays $516.44.
690 + 859.32 = 1549.32
1549.32/3 = 516.44
The price of preserving a particular level of living is known as the cost of living. A cost-of-living index can be used to operationalize changes in the cost of living over time.
Calculations of cost of living are also used to compare how much it costs in various locations to maintain a particular quality of living.
The cost of living is the sum of money required in a certain location and time frame to meet necessities including housing, food, taxes, and medical care.
To evaluate how expensive it is to live in one city against another, the cost of living is frequently utilized. Living expenses are influenced by salaries.
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the last two steps of the accounting cycle deal with: answer: a. making journal entries b. closing the books at the end of the fiscal period c. assembling source documents d. analyzing transactions
The last two steps of the accounting cycle deal with closing the books at the end of the fiscal period. Hence option (b) is the answer.
What constitutes the final four steps in the accounting cycle?The accounting cycle is the method used to accept, record, group, and credit payments made and received within a company during a specific accounting period. Although the accounting cycle may appear complex, it is actually rather straightforward. The process consists of four fundamental steps: transaction analysis, transaction recording, adding journal entries to the general ledger, and running an unadjusted trial balance report.
Making closing entries at the conclusion of the accounting period involves settling expenses, revenues, and temporary accounts. In order to do this, temporary accounts like expenses and revenue must be closed out, and the net income must be transferred to long-term accounts like retained earnings.
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in a bailment, in some circumstances, the dollar amount of liability for any loss or damage to bailed goods can be limited by
In a bailment, in some circumstances, the dollar amount of liability for any loss or damage to bailed goods can be limited by warehouse companies.
A liability to pay money to other human beings or groups in the future is referred to as a liability. this means that the business enterprise will not be capable of make money within the future. A liability is a manner for a enterprise to get cash specific from fairness.
Belongings are items possessed through a business so that it will provide it blessings in destiny. Liabilities are items which can be responsibilities for a commercial enterprise. effect of Depreciation. property are depreciable in nature. Liabilities are non-depreciable in nature.
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suppose that the competitive market for rice in japan was suddenly monopolized. the effect of such a change would be
Suppose that the competitive market for rice in japan was suddenly monopolized. the effect of such a change would be: to decrease the consumer surplus of Japanese rice consumers.
What is consumer surplus?Consumer surplus can be defined as the way in which the price that a consumer pay for goods and services is lower that the price they intend to pay.
In a situation where the competitive market for rice in japan was taking control of the impact of this is that it will decrease or lower the consumer surplus of Japanese rice consumers.
Therefore the effect is that consumer surplus will decrease.
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the ncreif property index measures the investment performance of real estate by using actual sale prices. group startstrue or falsetrue, unselectedfalse
It is noteworthy to mention that the NCREIF property index is used for the measurement of investment performance of a real estate property only when it has actually been sold. Therefore, the statement given above is true.
The sale of a real estate may be done at a price, which is completely different from that of its actual market value. This difference in the sale is the amount of surplus or deficit that the owner of such property incurs.
An NCREIF index is used for calculating the performance of a real estate property over the historic data, and is based on the sale values of the property(s) in the past.
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What aspect of today’s business environment is central to the need for robust transaction management processing systems?.
The strong desire to track the stages of project fulfillment is an aspect of today's business environment, which is the central need for building a robust transaction management processing system. Therefore, the option C holds true.
Transaction management can be referred to or considered as a form of processing system, wherein the manager takes into account the transactions that directly affect the very existence of its business environment for a prolonged period of time. It also leads a business into leading and performing its regular transactions more effectively.
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Complete question
What aspect of today's business environment is central to the need for robust transaction management processing systems? Multiple Choice
a. need to handle financial calculations to monitor performance
b. need to replace manual drafting and design
c. desire to track the stages of project fulfillment
d. proliferation of e-commerce-based organizations
two real estate professionals were found guilty of conspiring with each other to allocate real estate brokerage markets. a seller suffered an estimated $90,000 loss because of their activities. if the seller brings a civil suit against the two real estate professionals, what can the seller expect to recover?
The lawyer should review the facts of the case to determine the legal basis of the seller’s claim and the potential damages.
The lawyer should also determine if the real estate professionals have liability insurance that would cover the seller’s damages.
The lawyer should then prepare a complaint setting out the facts of the case and the damages incurred. The complaint should be filed in the appropriate state court and served on the defendants. The defendants should be given an opportunity to respond to the complaint. The parties should then either reach a settlement or proceed to trial.
If the case goes to trial, the seller should present evidence that the defendants conspired to allocate real estate brokerage markets, and that the seller suffered an estimated $90,000 in damages. If the seller is successful, the court may award the seller an amount up to the estimated $90,000 in damages, plus costs and attorney’s fees.
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your company makes use of microsoft 365 in their environment. you have been tasked with making sure that members of the global administrators group are protected. the feature you use should achieve this by making use of dynamic risk profiles. which of the following is a feature you should use?
Microsoft 365 is available. the most recent productivity tools, including OneDrive, Word, Excel, PowerPoint, Microsoft Teams, and many others.
installing on Macs, PCs, iPads, and mobile devices.
OneDrive cloud storage of 1 TB.
Upgrades and feature updates not accessible elsewhere.
What is Microsoft 365 ?Microsoft owns the Microsoft 365 product line, which consists of cloud-based services and productivity tools. It includes online services like Outlook.com, OneDrive, and Microsoft Teams, software that was formerly sold under the name Microsoft Office (such as Word, Excel, PowerPoint, and Outlook for Microsoft Windows, macOS, mobile devices, and the web), and enterprise products and services related to these products like Exchange Server, SharePoint, and Yammer. It also covers subscription plans that cover these items, including those that contain subscription-based licenses for desktop and mobile software, hosted email, and intranet services.
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If the Federal Reserve increases the spread between the federal funds rate and the discount rate, the cost of being short of reserves _______ and the amount that banks are willing to lend ______.
increases; decreases
If the Federal Reserve increases the spread between the federal funds rate and the discount rate, the cost of being short of reserves increases and the amount that banks are willing to lend decreases.
What is Federal Reserve system?
The Federal Reserve System (FRS) is the nation's central bank. The Federal Reserve, or Fed, is perhaps the most potent financial organization in the world. In order to give the nation a secure, adaptable, and stable financial and monetary system, it was formed. Seven people make up the board of the Federal Reserve. Additionally, there are 12 Federal Reserve banks, each of which has a president who represents a different district.
Conducting national monetary policy, overseeing and regulating banks, preserving financial stability, and offering banking services are among the Fed's primary responsibilities.
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If the required reserve ratio is 10% and the fed conducts an open market purchase of $100, what is the maximum possible change in the money supply?.
The money supply can only fluctuate a maximum of $1,000. The Fed purchases $100 in the open market to meet the 10% necessary reserve ratio.
A reserve ratio exceeding 10%, what does that mean?When the saving rate is 10%, banks are required to retain 10% of their assets as needed reserves. If deposits total $20 million, so $2 million ($15 billion multiplied by. 10) must be kept in reserve. Reserves that are in excess of what is necessary are called excess reserves.
What occurs when the reserve ratio reaches 100%?If the ratio is 100%, the bank would have access to every single customer's funds even if they all asked to withdraw them at once. Even while this kind of banking is obviously incredibly secure, as it has been presented thus far, the banks would merely be serving as a safe. There would be no loans that it could make.
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a.w. phillips collected data on the rate of change in money wages and plotted it against unemployment rates in the united kingdom. the curve he fit to the data showed that a. the rate of change of money wage rates and unemployment rates were inversely related.
Phillips collected data on the rate of change in nominal wages and plotted them against the UK unemployment rate. It shows that there is an inverse proportional relationship.
Higher inflation is associated with lower unemployment and vice versa. The Phillips curve, a concept that guided macroeconomic policy in the 20th century, was challenged by stagflation in the 1970s.
The Phillips curve shows the relationship between inflation and unemployment. When unemployment is low, inflation is high, and when unemployment is high, inflation is low.
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in the opening paragraph, the memo references analysts who have become increasingly critical of large tech firms calling for stronger regulations or even breaking up large companies. what are some concerns expressed by these observers about large firms?
Answer:
That they make it hard for smaller firms to compete.
That they bring about greater income inequality.
That they have an outsized political influence.
Explanation:
As noted in paragraph [4], as industrial concentration and profits have risen, so has income inequality, leading some to see a cause-and-effect relationship between rising income inequality and lax antitrust enforcement. Additionally, as paragraph [2] notes, some observers argue that their large size enables firms to wield excessive political influence, for example, through campaign contributions and lobbying. Finally, some observers argue that mergers that create large firms are anticompetitive, as they make it harder for smaller competitors to survive.
By contrast, few modern-day critics of antitrust enforcement argue that large size and a commanding market share enable firms to charge higher prices. In fact, large tech firms, such as Amazon, tend to charge very low prices.
Which managerial style encourages debate and deliberation in order to create an exchange of ideas?.
The goal of the collegeial management style is to foster an exchange of thoughts by promoting discussion and deliberation.
How Do Exchanges Work?The trading of securities, commodities, derivatives, and other financial instruments takes place on an exchange. An exchange's primary duty is to maintain fair and systematic trading as well as effective pricing information distribution for all securities traded there.
What kind of exchange is that?A talk that lasts only a few sentences and is typically tense. There have been a few acrimonious interactions between the two parties. An episode where people shoot weapons or missiles at one other is called an interchange of fire, for instance.
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russia and eastern european countries fit in which stage of rostow's five-stage model of economic growth?
Russia and eastern european countries fit in takeoff stage of rostow's five-stage model of economic growth.
What do you know about rostow's five-stage model ?
Rostow wrote his classic Stages of Economic Growth in 1960, which presented five steps that all countries must go through in order to become developed: 1) traditional society, 2) take-off preconditions, 3) take-off, 4) drive to maturity, and 5) high mass consumption age According to the model, all countries exist somewhere along this linear spectrum and progress upward through each stage of development:
Traditional Society: This stage is distinguished by a subsistence, agricultural-based economy characterised by intensive labour.
Prerequisites for Take-Off: At this point, a society begins to develop manufacturing and a more national/international, rather than regional, outlook.
So, The required answer is takeoff stage.
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given the following information: state of nature profit level probability of occurrence optimistic $683.00 0.1 most likely $103.00 0.6 pessimistic -$519.00 0.3 calculate the variance of the profit levels.
Expected profit=Respective profits*Respective probability
=(683*0.1)+(103*0.6)+(-519*0.3)=(25.60)
probability PRofit probability*(Profit-Expected Value)^2
0.1 683 0.1*(683-(25.6))^2=50211.396
0.6 103 0.6*(103-(25.6))^2=9922.776
0.3 -519 0.3*(-519-(25.6))^2=73033.068
Total=133167.24
Standard deviation=[Total probability*(Profit-Expected Value)^2/Total Probability]^(1/2)
=364.92
Coefficient of variation=Standard deviation/Expected value
=(364.92/-25.6)
which is equal to
=(14.2547)(Approx)(Negative).
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the static budget variance for materials is $250 f, and the budgeted cost for materials is $52,000. if the budgeted volume is 13,000 and the actual volume is 13,500, then the flexible budget variance is
The variance in the flexible budget is $2,250 F
How is static budget variance calculated?
Simply subtract the actual spend from the planned budget for each line item over the specified time period to calculate a static budget variance.Divide the initial budget by this number to determine the percentage variance.
What is the operating income static budget variance?
The difference between actual and static-budget operating income is used to calculate static-budget variance for operating income.
What is the formula for variance in the budget?
Cost variance is the difference between a project's planned cost and its actual cost after taking into account any additional costs or savings that were not anticipated.The following is the cost variance formula:Cost variance is the ratio of projected cost to actual cost.
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which sustainable marketing principle emphasizes building long-run consumer loyalty and relationships?
A sustainable marketing idea called "sense-of-mission marketing" contends that a corporation should express its mission in broad societal terms as opposed to specifics about its products.
Which sustainable marketing tenet mandates that a business continually seek out genuine product and marketing improvements?Innovative marketing is a sustainable marketing strategy that calls for a business to look for genuine product and marketing advancements. A sustainable marketing theory known as "sense-of-mission marketing" contends that an organization should express its objective in broad societal terms as opposed to specifics about its products.
What characteristics distinguish a sustainable consumer-focused marketing strategy?The promotion of ethically and socially responsible goods, services, and brand values is known as sustainable marketing. If you've ever paid a bit more for something knowing that it was made locally or was fully recyclable.
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to get the worst case scenario, we assign the least favorable value to each item. this means to assign low values for items like units sold and price per unit and:
Assigning the least favorable value to each item means to assign low values for items like units sold and price per unit and high values for costs.
A least favorable value is such a price value where a producer fearing that his product will not be able to do good in a market sets the value price of his products in the market as low values for each unit sole or price per unit. The cost of production is higher in such a case.
The strategy of least favorable value is used when making products for which the producer fears a worst-case scenario. This strategy is however not used by many businesses as each business owner is determined to make a valuable profit from products.
The question will correctly be written as:
Fill in the blank
To get the worst-case scenario, we assign the least favorable value to each item. this means assigning low values for items like units sold and price per unit and ..............
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Robert hired James, a CPA to prepare his tax return. James was too busy and delegated the work to Sara, also a CPA. This delegation is..
a) enforceable, as Sara is also a CPA
b) enforceable, as there was no expectation that James would do this work c) not enforceable, as Robert hired James to perform a personal service d) not enforceable, as this violates public policy
Robert hired James, a CPA to prepare his tax return. James was too busy and delegated the work to Sara, also a CPA. This delegation is not enforceable, as Robert hired James to perform personal services.
The Income Tax Department of India requires individuals to submit the Income Tax Return (ITR) form. It details the individual's earnings and the taxes that must be paid on them throughout the tax year. By submitting an annual tax return, you can ask for a tax refund from the government. Your earnings, expenses, and other crucial tax information are reported in this paper. Additionally, it will make it easier for you to determine how much tax you owe, plan out your tax payments, and file a refund claim when you have overpaid. A tax return is a form submitted to the appropriate tax authority that includes information on income, expenses, and other relevant taxes. Tax returns give taxpayers the option to determine their tax obligations, plan out their payments, or ask for reimbursement for any taxes they have paid in excess of what is required.
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A business pays weekly salaries of $25,000 on Friday for a five-day week ending on that day. The salaries expense for the year ended Thursday December 31, 2019 to be shown in income statement would be: Select one: O a $25,000 O b. $10,000 O c. $5,000 O d. $20,000 O e. $15,000
For the information provided above, it can be concluded to state that the salaries expense at the end of the year will be $20,000 for a five-day week. Therefore, the option D holds true.
Salaries expense can be referred to or considered as the expenses made by a firm to its employees as a part of their salaries for the work and labor provided. When the weekly salaries expense for a five-day week is $25,000, the daily expense will be $20,000, and thus, the expense at the end of the year on a Thursday, i.e., 4 days will be,
Salaries Expense = Daily Expense x Number of Days
Salaries Expense = 5000 x 4
Salaries Expense = $20,000
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f the following, which are actions most closely associated with countercyclical monetary policy? select the two correct answers below. select all that apply:
Interest rates should be kept high during an economic boom. The federal reserve should purchase financial assets from commercial banks when the economy weakens.
What is economic boom?An economic boom is a frequently brief period of fast real GDP growth that lowers unemployment, accelerates inflation, and increases asset prices. A boom happens when the real GDP is growing far more quickly than the projected trend rate of growth, and this might cause the economy to overheat. Booms typically result in an increase in demand-pull and cost-push inflationary pressures, as well as a positive production gap. Economic booms are often not very long-lasting due to the numerous macroeconomic effects they have, not least of which is the upward pressure they have on costs and consumer prices. To curb soaring demand and reduce inflationary pressures, central banks often react by increasing their interest rates for their monetary policies.
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calculate the price of a 5.2 percent coupon bond with 18 years left to maturity and a market interest rate of 4.6 percent. (assume interest payments are semiannual.) (do not round intermediate calculations. round your final answer to 2 decimal places.)
Calculate the price of a 5.2 percent coupon bond with 18 years left to maturity and a market interest rate of 4.6 percent is 1072.91.
N = 36, FV = 1000, PMT = 26, rate = 2.3%
use PV function in Excel
price of the bond = 1072.91.
A bond may also mature in some months or in some years. Maturity also can have an effect on hobby fee hazard. The longer the bond's maturity, the more the hazard that the bond's fee can be impacted through converting hobby charges previous to maturity, which may also have a bad impact at the charge of the bond.
The YTM is simply a picture of the go back on a bond due to the fact coupon bills can't continually be reinvested on the equal hobby fee. As hobby charges rise, the YTM will increase; as hobby charges fall, the YTM will decrease.When marketplace hobby charges increase, the marketplace fee of an current bond decreases. When marketplace hobby charges decrease, the marketplace fee of an current bond increases. The courting among marketplace hobby charges and the marketplace fee of a bond is known as an inverse courting.
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kenisha went online to a popular travel site to book her air travel to a conference in dallas and found a banner ad listing recommended hotels in the dallas area. if she booked a room at any of these hotels, the hotel would be required to pay a referral fee or commission to the travel website. this best describes . question content area bottom part 1 a. syndicated selling b. e-wholesaling c. a direct channel d. e-intermediaries e. direct selling
This best describes as Syndicated selling.
A selling syndicate is a collection of underwriters who cooperate to market a securities offering to potential investors. To do this, the organization purchases the securities from the issuer and then sells them. Usually, smaller brokerage firms get sales before selling the assets to individual clients.
When two or more companies collaborate in the same sector, they typically create a syndicate. For instance, two banks might band together to grant a high-risk party a particularly sizable loan. The loan amount would be split between each bank. Then they would split both the gains and the risks, such as a default.
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