The factors increase the likelihood that a supervisor will treat subordinates in an abusive way is aggressive norms within the organization, and abusive role models.
The supervisor's overall responsibilities include communicating organizational needs, monitoring employee performance, offering guidance and support, identifying areas for development, and managing the mutually beneficial relationship between staff and the organization to ensure that both parties succeed.
They exhibit all of the behaviors and attitudes that they demand of their staff, follow all policies and procedures, mirror the company's culture and values, and show leadership by setting an excellent example. Furthermore, excellent supervisors sometimes put in just as much as or even more effort than the people they are in charge of.
The given question is incomplete, the complete question is:
What factors increase the likelihood that a supervisor will treat subordinates in an abusive way? (Choose every correct answer.) Multiple select question.
Having a self-aware personality
Aggressive norms within the organization
Abusive role models
The Dunning-Kruger effect
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a company restricts the personal use of company vehicles by written policy to commuting between work and home. an employee commutes 15 miles each way for 14 days during one month. when the employee qualifies for the commuting method, calculate the value of the employee's personal use of the vehicle included in the employee's income.
The value of the employee's personal use of the vehicle included in the employee's income for that month is $(14)(15)(2) = $420.
To calculate this, you need to first determine the total number of miles the employee used the company vehicle for personal use. In this case, it is (14 days)(15 miles each way) = 210 miles.
Next, you need to determine the value of the personal use of the vehicle. This can be done by using the IRS standard mileage rate for the personal use of a company vehicle. This rate is currently 54 cents per mile. So, the value of the employee's personal use of the vehicle included in the employee's income for that month is (210 miles)($0.54) = $420.
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an equal opportunity complaint is made against one of your subordinate supervisors. what statement best decribes the action you should take
The statement that best describes the action you take in an equal opportunity complaint is to express the event as soon as possible via all accessible channels.
What is an equal opportunity?
Equal opportunity is a condition of justice in which everyone are treated equally, free from barriers, biases, or preferences created artificially, unless some discrepancies can be clearly explained. The idea behind this is that important positions in an organization should go to those who are most qualified for them, or those who are most likely to perform capably in a given task, rather than being awarded to people for arbitrary or irrelevant reasons like birth circumstances, upbringing, having well-connected relatives or friends, religion, sex, ethnicity, race, caste, or involuntary personal characteristics like age, gender identity, or sexual orientation.
Chances for growth should be available to everyone, they argue, regardless of their income, rank, or affiliation with a privileged group. The goal is to eliminate arbitrariness from the hiring process and base it on some sort of "pre-agreed basis of fairness, with the evaluation procedure being relevant to the type of position" while putting a focus on formal and legal methods. Success or failure should be determined by an individual's efforts, not by unrelated factors like having well-connected parents. It opposes nepotism and affects whether a social system is seen to be legal. Although it may be applied to many other areas as well, the idea is relevant to sectors of public life where benefits are acquired and received, such as work and education. The foundation of the meritocracy idea is equal opportunity.
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an equal opportunity complaint is made against one of your subordinate supervisors. what statement best decribes the action you should take
Divisions of the Fed known as _____ handle almost all the checks written against a bank in one city and presented for deposit to a bank in a second city.
Multiple Choice
bank holding companies
bank examiners
Federal Reserve banks
Federal Reserve accounts
check clearinghouses
Which of the following statements are true about this natural monopoly? Check all that apply. In order for a monopoly to exist in this case, the government must have intervened and created it. It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. The cable company is experiencing economies of scale. The cable company must own a scarce resource.
Economies of scale are being experienced by the cable firm. One producer rather than several manufacturers in this market is more cost-effective from a production standpoint. The answer is C and D.
What is natural monopoly?A natural monopoly is a situation in which there is only one firm in the market due to entry restrictions, and that firm has the power to limit output and raise prices in order to maximize profits. Economy of scale and ownership of a valuable natural resource are the entry hurdles that lead to a natural monopoly.
Because the average total cost is excessively high for low outputs and smaller businesses are unable to compete on price, it acts as a barrier to entrance. Because beginning fixed costs are high, economies of scale occur as the average cost falls as output rises.
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in the case ralph wall suggested that churn might depend on customer age. perhaps a different logistic regression would be appropriate for different customer age groups? try splitting the sample in 0-6 months, 7-13 months and 14 and running separate models.
Using customer turnover data, logistic regression may be used to build a model that predicts whether a certain customer or group of customers will stop using a service.
What does the word logistics mean?The process of organizing and carrying out the effective storage and movement of commodities from of the point of origin to the place of consumption is known as logistics. The objective of logistic is to fulfill client demands in a timely and economical manner.
Is studying logistics challenging?The majority of failure points occur during logistical tasks, which makes logistics itself a highly difficult sector within the SCM domain, according to Sharma. For instance, on some days, you could be required to come up with a
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you can choose more than one answer below. you sell shoes and footwear-related accessories on your online store. which of the following would be a macro conversion? group of answer choices a customer downloads your newsletter a customer buys shoes a customer buys socks a customer looks at product reviews on your site for a particular pair of shoes a customer signs-up to get text alerts
The sell shoes and footwear-related accessories on your online store. which of the following would be a macro conversion
a completed sales transaction by customer
When an End User delivers to DIAGNOS a properly completed License Agreement in the form attached here as Schedule C, it is referred to as a Completed Sale if it results in the sale of a license for the Product to that End User in the Authorized Area of the Territory.
The proverb "Nothing occurs until you sell it" is among the most often used in business. There's no denying that a company has to create sales that result in enough income to cover its costs and retain a profit.
There are three types of sales when it comes to cash collection:
Cash sales: When a company makes a sale and provides a customer with a product or service, cash is paid.
Credit sales: The consumer is allowed some time before the company must be paid; cash isn't collected until after the transaction has been made.
Advance payment sales: The client makes money to the business before the transaction is complete, or before the firm provides the customer with the product or service.
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suppose that as a project manager, you provide detailed plans and frequent project updates to both the team and stakeholders. what project management value does this represent? 1 point
The successful communication This adds value to the project management. The effective communication is the process of exchanging concepts, viewpoints, information, and facts to guarantee that the message is received and comprehended with the precision.
Both the sender and the recipient are content when we communicate effectively. In a productive communication, everyone involved feels content and successful. Conflict is less likely to arise when the project communications are clear since there is less chance of misinterpretation or message modification. Listening is a critical component of communication. The effective project listening requires more than just understanding what is being said or written.
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9. how is collusion used in oligopoly markets? what is a cartel? are they legal? give one example of either collusion or a cartel that has occurred in the past.
Collusion used in oligopoly markets: Collusion can be defined as joint profit maximization.
When there are few large firms that dominate a market then they decide to collude to limit the competition and maximize joint profit. There is one form of collusion also known as a cartel. A cartel is an agreement between competing firms to control prices or exclude the entry of a new competitor in a market. It is a formal organization of sellers or buyers that agree to fix selling prices, purchase prices, or reduce production using a variety of tactics.
Since these cartels restrain competition among the member firms, their formations have been made illegal in some countries by the Governments passing laws against them. For instance, the formation of a cartel is illegal in the U.S.A. under the Anti-Trust Laws passed there. However, in spite of the illegality of cartels they are still formed in the U.S.A. through secret devices, and by adopting some means or the other shrewd businessmen are able to evade the anti-monopoly laws.
In India also it is illegal, as the cement and tire industry formed a cartel then CCI warned them through legal notices.
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During which step of developing the promotion mix do marketers consider the hierarchy of effects and the need to ""push"" the consumer through various stages from awareness to loyalty?.
The most utilized promotional elements in the increase stage are advertising and marketing and non-public selling.
Advertising is a tremendous tool to differentiate the product's attributes from these of the competing products. Advertising helps to stress brand differences.
Which promotional combine method directs advertising efforts towards remaining consumers?Pull strategy
Pull strategy is when the producer directs its advertising and marketing things to do toward the closing customers to induce them to buy the product and create demand from channel members.
Personal promoting – The two-way go with the flow of private communication between a salesperson and a patron that is paid for through the association and seeks to affect the customer's buy decision. 4 Public members of the family – Communication focused on promotion tremendous relations between a company and its stakeholders.
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https://brainly.com/question/25754149#SPJ4in the traditional approach to managing contractual relationships, blank is limited due to fear of reprisal and lack of continuous improvement opportunity.
Traditionally, managing contractual relationships has been done through structured communication.
The definition of structured communication
In order to increase understanding and interpersonal interactions, structured communication is a strategy you can use. In business settings, using structures in your communication is crucial to ensuring that coworkers are aware of procedures and are working efficiently to support organizational goals. The type of message or interaction you're having with others will determine whether you should use structured communicating. For instance, various structures can be used to direct clarity and focus when conducting team meetings and communicating information. Communication with structure has a number of benefits. Frameworks offer a way to clearly communicate information in written communications.
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maryland broker joseph tells his client that a property is zoned as residential, even though he knows it's zoned as commercial. this violation is an example of .
This violation is an example of making a substantial and willful misrepresentation.
No matter the size of the transaction, misrepresentation is a basis for contract breach because it only applies to statements of fact, not opinions or predictions.
Misrepresentations are false statements of truth that have an impact on another party's decision regarding a contract and can, in some cases, cause the other party to seek damages.
There are three different kinds of misrepresentations: innocent, negligent, and fraudulent, each of which has a different set of penalties.
A falsehood or willful fabrication that has an impact on a home's or property's market value is referred to as misrepresentation in real estate. The misrepresentation of a property's square footage is a typical example of this.
A buyer can frequently file a lawsuit for misrepresentation even after a purchase has been completed because sales prices are frequently dependent on square footage.
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________ is the net return from a marketing investment divided by the costs of the marketing investm
The profit on advertising budget is calculated by dividing the net profit from a marketing effort by its expenses. It calculates the returns on investments made in marketing initiatives.
What does the term "marketing" mean?
The process of developing, communicating, delivering, and trading offerings that are important to customers, investors, partners, and society at large collectively is known as marketing.
Which four sorts of marketing are there?
When selling a good or service, the four Ps are a "marketing mix" made up of four essential components: product, pricing, place, and promotion. The four Ps are typically taken into account by firms when developing marketing plans to reach their target audience.
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kiyara (single) is a 50 percent shareholder of guardian corporation (an s corporation). kiyara does not do any work for guardian corporation. guardian corporation reported $348,000 of business income for the year (2022). before considering her business income allocation from guardian corporation and the self-employment tax deduction (if any), kiyara's adjusted gross income was $298,000 (all employee salary). kiyara has $42,400 in itemized deductions. answer the following questions for kiyara.
A). Assuming the income allocated to Kiyara is qualified business income, what is Kiyara's deduction for qualified business income? Assume Kiyara's share of wages paid by Guardian Corporation is $62,500 and her share in the unadjusted basis of qualified property used by Guardian was $225,000.
After calculating, Kiyara's deduction for qualified business income is $62,500.
To determine Kiyara's deduction for qualified business income, we need to calculate the QBI deduction using the rules provided by the IRS. The deduction is generally 20% of qualified business income subject to certain limitations.
Step 1: Calculate Kiyara's share of the qualified business income from Guardian Corporation.
Kiyara's share of the business income reported by Guardian Corporation is 50% of $350,000, which equals $175,000.
Step 2: Determine Kiyara's share of wages paid by Guardian Corporation.
Kiyara's share of wages paid by Guardian Corporation is $62,500.
Step 3: Determine Kiyara's share in the unadjusted basis of qualified property used by Guardian Corporation.
Kiyara's share in the unadjusted basis of qualified property used by Guardian Corporation is $225,000.
Step 4: Determine the wage and qualified property limitations.
The QBI deduction may be limited based on the lower of two calculations: 50% of the W-2 wages paid by the business or 25% of the W-2 wages + 2.5% of the unadjusted basis of qualified property.
In this case, the wage limitation is $62,500, which is lower than 25% of wages plus 2.5% of the unadjusted basis of qualified property.
Step 5: Calculate the QBI deduction.
To calculate the QBI deduction, multiply Kiyara's share of qualified business income ($175,000) by the smaller of the wage limitation ($62,500) or the wage and qualified property limitation.
$175,000 x ($62,500 / $175,000) = $62,500
Therefore, Kiyara's deduction for qualified business income is $62,500.
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an individual who is a supporter of globalization would argue that it helps the developing world by: providing people in developing countries with more jobs. allowing new ideas and technological innovations to spread quickly. giving entrepreneurs access to foreign investment funds to support economic development. all of these answers are correct
Proponents of globalization support developing countries by providing entrepreneurs access to foreign investment capital, enabling the rapid diffusion of new ideas and innovations, and creating more jobs for people in developing countries. would argue that it helps support economic growth. Here option D is the correct answer.
Proponents of globalization argue that it could make the world a better place and solve deep-seated problems such as unemployment and poverty. Marginalized people have the opportunity to exhibit on the global market.
Globalization has increased the awareness of consumers around the world to various investment opportunities, economic trends, and new products. Socially speaking, globalization provides better connections for people around the world. Culturally, it facilitates an increased exchange of values and ideas.
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a company is planning a campaign and their goals for the campaign are for it to be inexpensive and provide them with direct interaction their audience. which type of media should be used to accomplish their goals?
Social media would be the best option for an inexpensive and direct interaction with an audience. Additionally, these platforms are all very cost-effective, making them a great choice for a campaign with a limited budget.
The Benefits of Social Media for CampaignsSocial media also allows companies to have direct conversations with their audience, which is something that is difficult to achieve with other forms of media. Companies can create content that is tailored to their audience and start conversations with them in order to build relationships and trust. Additionally, social media analytics tools allow companies to track the performance of their campaigns, giving them the ability to adjust their strategy accordingly.Learn more about Social media at: https://brainly.com/question/23976852
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Q5 Social Security is a sizable program that impacts many families in the United States. Which of the following statements is not correct regarding Social security?A. Social Security was never intended to provide a substantial wage replacement ratio for most Americans.B. Social Security skews benefits towards lower wage earners and away from higher wage earners.C. Social Security provides 90% or more of the income for more than 20% of retired married couples.D. All of the above statements are true.
D. All of the above statements are true.
How does Social Security operate and what is it?
We enroll people in Medicare and manage retirement, disability, survivor, and family benefits. Additionally, we offer Social Security Numbers, which are special identification numbers required for employment, managing financial transactions, and determining eligibility for particular government services.
Almost every American worker receives retirement income from Social Security. Additionally, we provide SSI (Supplemental Security Income) to some seniors 65 and older with low incomes and resources.
If your medical condition is expected to result in death or if it prevents you from working for a period of twelve months or more, Social Security may be able to help. If a child has a condition that significantly limits their daily activities, we might be able to offer support.
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if sales are $1,000,000 and contribution margin is $250,000, the contribution margin ratio is %.
The required contribution margin ratio will be 0.25.
The contribution margin ratio is the ratio of the contribution margin to the sales.
Contribution margin ratio = Contribution margin ÷ Sales
As per the given question, the data will be as:
Sales = $1,000,000
Contribution margin = $250,000
Contribution margin ratio = Contribution margin ÷ Sales
Contribution margin ratio = $250,000 ÷ $1,000,000
Apply the division operation, and we get
Contribution margin ratio = 0.25
Thus, the required contribution margin ratio will be 0.25.
In finance, an enterprise's gross margin is certainly the distinction between sales and fee of goods offered (COGS) divided through that revenue determine. not like gross profits, which might be expressed as absolute greenback quantities, gross margins are expressed in percent bureaucracy.
Gross earnings are the cash left over after an organization's prices are deducted from its income. Gross margin is an agency's gross profit divided by using its income and represents the amount earned in earnings in step with the greenback of income. Gross profit is said as a range of, at the same time as the gross margin is said as a percent.
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1) describe three threats to safety and three threats to security in the hospitality organization with which you are most familiar. explain how management currently addresses (manages) these threats.
Among these dangers are fire, calamities, gas leaks, and electrical issues. Some emergencies can be prevented or managed with the use of measures. And know how to keep things under control in tense circumstances to prevent harm, fatalities, and property loss.
Which three categories of dangers could possibly exist in a hotel?The hazards that hotels must deal with include loitering, vandalism, and theft. And not just from visitors and other outside parties. Employees at the hotel who are fully aware of your weaknesses may use your company to their advantage.
Describe how the management is now handling (managing) these risks.Make sure that anyone who lifts anything by hand receives regular instruction.Utilize the signage and lighting to your advantage.Lock up any chemicals when not in use, and keep them securely.Extension cables should only be used sparingly, and in damp areas, they should be kept dry.Verify the safety and functionality of all used equipment.Make sure the required safety measures are in place and evaluate the fire risk.Learn more about security in the hospitality organization: https://brainly.com/question/20410165
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the purchase of treasury stock . question content area bottom part 1 a. increases assets and decreases stockholders' equity b. increases assets and stockholders' equity c. decreases assets and stockholders' equity d. decreases assets and increases stockholders' equity
Increases assets and decreases stockholders' equity, Treasury stock, also referred to as treasury shares or reacquired stock, denotes previously outstanding stock that the issuing company has acquired from stockholders.
Does buying Treasury stock add to one's assets?When Treasury Stock is bought, the amount of the purchase price multiplied by the number of shares is deducted from the Treasury Stock account. Treasury Stock is a counter equity account that grows through debiting. It is not an account for assets.
What transpires after a sale of Treasury Stock?The shareholders' equity always rises as a result of selling treasury shares. You can see what happens when a business sells treasury shares at a premium to cost in the preceding example. If a business sells treasury shares below cost, the accounting is different.
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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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in preparation for a credentialing process, a county hospital will be conducting an audit. what is the primary focus of this activity?
The primary focus of conducting an audit is determining if present practice is supported by the greatest available evidence.
What is an audit?
An audit is defined as "an independent review of the financial statements of any company, whether profit-oriented or not, regardless of its size or legal structure, when such an examination is done with a view to expressing an opinion thereon." Additionally, auditing makes an effort to confirm that the company is maintaining its books of accounts in accordance with the law. The assertions that are put before the auditors are taken into consideration, supported by evidence, and evaluated in the auditing report.
Since it was first used as a safety precaution in antiquity, auditing has become so widespread in the public and business sectors that scholars have begun to refer to it as a "Audit Society."
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in preparation for a credentialing process, a county hospital will be conducting an audit. what is the primary focus of this activity?
if the administrator wishes to conduct an examination of an investment adviser's books and records, how much advance notice must be given? a) 30 days b) 60 days c) none d) 15 days
if the administrator wishes to conduct an examination of an investment adviser's books and records, there is no need for advance notice.
Form ADV offers details about a financial adviser and its operations. Form ADV also includes information regarding some disciplinary incidents surrounding the adviser as well as its employees.
Typically, documentation retention policies oblige organizations to keep records for one, three, as well as seven years. In some situations, you will be required to maintain the records indefinitely. Unless you're unclear about what to save and where to shred, consult with your accountant, lawyer, as well as state record-keeping organization.
All advisers, not only those who accept custody, should keep the records established by the Administrator.
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the is the department manager's tool for daily and weekly operations. a.conventional goal b.strategic goal c.tactical plan d.operational plan e.strategic plan
For daily and weekly operations, the operational plan is the department manager's tool.
Operational planning falls under which level of an organisation?Middle managers are in charge of setting operational objectives and plans. operational degree The execution stage of the organisational planning process involves defining operational objectives and plans.
How does an operating plan work?A strategic plan explains the organization's goals and objectives, while an operational plan outlines the tasks and deadlines that will be used to move those goals and objectives forward. It gives an organization's daily operations a framework. Typically, a one-year time frame is included in an operational plan.
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the initial efforts to commercialize a self-driving car were started by ibm in the 1980s. group of answer choices true false
The following statement "the initial efforts to commercialize a self-driving car were started by IBM in the 1980s" is false.
International Business Machines Corporation (IBM) is a global technology corporation based in Armonk, New York, that operates in over 171 countries. The Computer-Recording (CTR) Company was started in 1911 in Endicott, New York, by trusted businessman Charles Ranlett Flint, and was renamed "Business Machines" in 1924. In New York, IBM was formed.
IBM produces and sells computer hardware, middleware, and software, as well as hosting and consulting services spanning from mainframes to nanotechnology. IBM is also a major research institution, having held the record for the number of annual US patents created by a company for 29 consecutive years (as of 2021).
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Use the following terms to complete the sentences that follow; terms may be used once, more than once, or not at all.
static
flexible
spending
production manager
variable overhead rate
variable overhead efficiency
fixed overhead spending
purchasing manager
favorable
unfavorable
debit
credit
fixed overhead budget
fixed overhead volume
A_______ budget is based on a fixed estimate of sales volume.
A ________ variance represents the difference between actual and expected levels of activity
The _______ is typically responsible for the direct materials quantity variance
The variable overhead rate variance is _______ when the actual variable overhead rate is less than the standard variable overhead rate.
Unfavorable variance appear as _________ entries; favorable variances appear as ______entries
The ________ variance is the difference between between the number of actual direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate.
Using less direct materials than expected results in a ____ variance.
The _________ is typically responsible for the direct labor efficency variance.
The _________ variance is sometimes also called the denominator variance
When recording journal entries, the actual cost is a ______ and the standard cost is a ________
The practise of delivering financial resources and information to managers for decision-making is known as management accounting, also known as managerial accounting. Only the organization's internal team uses management accounting.
Following are the answers for the fill in the blanks:-
1. A static budget is based on a fixed estimate of sales volume
2. A volume variance represents the difference between actual and expected levels of activity.
3. The production manager is typically responsible for the direct materials quantity variance
4. The variable overhead rate variance is favorable when the actual variable overhead rate is less than the standard variable overhead rate.
5. Unfavorable variance appears as debit entries; favorable variances appear as credit entries.
6. The variable overhead efficiency variance is the difference between the number of actual direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate.
7. Using less direct materials than expected results in favorable variance.
8. The production manager is typically responsible for the direct labor efficiency variance.
9. The fixed overhead volume variance is sometimes also called the denominator variance.
10. When recording journal entries, the actual cost is a debit and the standard cost is a credit.
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what are four main types of financial ratios used in ratio analysis? multiple select question. liquidity ratios
The four main types of financial ratios used in ratio analysis includes:
Profitability ratios.Liquidity ratios.Solvency ratios.Valuation ratios.What Is Ratio Analysis in accounting?A ratio analysis refers to a quantitative method of gaining an insight into a company's liquidity, operational efficiency and profitability, in most case by studying its financial statements such as the balance sheet and income statement.
Its works by comparing the line-item data from a company's financial statements to reveal insights regarding profitability, liquidity, operational efficiency, and solvency. In conclusion, a ratio analysis is the cornerstone of fundamental equity analysis.
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Answer:
profitability ratios
debt ratios
liquidity ratios
activity ratios
Explanation:
what is perhaps the most significant environmental factor affecting the international market for industrial goods and services?
Perhaps the most important environmental element influencing the global market for industrial goods and services is the degree of industrialization.
Which factors impact international marketing?Cost, price elasticity of demand, competition, nature of the product or business, currency rate fluctuations, distribution system, location of the manufacturing facility, location and environment of the foreign market, and foreign market laws are a few of the aspects to consider.
What does the term "industrialization" mean?The process of industrialization is when a country or region switches its economic emphasis from industry to agriculture. A crucial element of this change is the use of automated mass production techniques.
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which financial tool will you use if you need to understand how much return the company has generated relative to its assets?
If you want to know how much return the firm has produced in relation to its assets, you may use the financial instrument known as return on assets.
A measure of a company's profitability in relation to its total assets is called return on assets. Management, analysts, and investors can use ROA to assess how well a firm uses its resources to make a profit. By dividing a company's net income by all of its assets, you may get its ROA.
As it demonstrates to investors how the firm actually behaves in terms of converting assets into net capital, ROA is a crucial indication for a corporation. Therefore, it can be concluded that the better the measure, the better it is for the management of the company.
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Scenario Firms Type of Product Market Model in a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors' Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, If ever The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug Scenario Firms In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. Many Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Few One In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug. tajor metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel Its coffee tastes better than its competitors'. - Identical Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Unique Differentiated In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug Scenario х Firms Type of Product Market Model In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors' Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Perfect Competition In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage In a price war with the existing companies and would be unlikely to cover its costs for years, if ever. Oligopoly Monopolistic Competition Monopoly The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug
Different types of market model in various scenarios are given below
NO. of firms Type of product Market
Model
In first scenario there are Many Differentiated Monopolistic
many coffee shops but
one chain has gained a
large market share due to
product differential.
In second scenario there Many Identical Perfect
are dozens of pasta producer
that sell past to hundred
Italian restaurants.
In third scenario in a large Few Identical Oligopoly
city two taxi companies own
all the licenses that the city
will grant.
In fourth scenario the govt. One Unique Monopoly
has granted a patent to a
dug company for experimental
AIDS drug.
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pilot manufacturing prepared a report and noted budgeted fixed overhead costs of $3.25 per unit at 1,375 units. in october, the managerial accountant incurred actual fixed overhead costs of $4,600 and the actual production was 1,500 units. what is pilot manufacturing’s fixed overhead budget variance for october?
An overhead value variance is the distinction between the amount of overhead utilized at some stage in the manufacturing system and the real quantity of overhead charges incurred in the course of the period.
What is overhead fee formula?To calculate the overhead rate, divide the indirect prices through the direct expenses and multiply by means of 100 If your overhead fee is 20%, it capability the business spends 20% of its revenue on producing a excellent or imparting services. A decrease overhead fee suggests effectivity and extra profits.
What are the sorts of overhead variance?Factory overhead variances can be separated into a controllable variance and a volume variance. The variable manufacturing unit overhead controllable variance is the distinction between the true variable overhead costs and the budgeted variable overhead for genuine production.
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