While the bureaucratic organizational control model is designed to make companies more efficient and fair, it frequently has the opposite effect. - True
The bureaucratic organizational control model is a management style that is characterized by a hierarchical structure, clear lines of authority, and strict rules and procedures. It is designed to create a sense of order and stability within a company and to ensure that tasks are completed efficiently and effectively.
However, the bureaucratic organizational control model can also have negative effects on a company. It can be inflexible and resistant to change, which can make it difficult for a company to adapt to new circumstances or opportunities. It can also be slow to respond to problems that can negatively impact the company's competitiveness and performance. It can also lead to a lack of innovation, as employees may be discouraged from thinking outside the box or challenging the status quo.
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L.
The laissez-faire economic approach is best demonstrated by which economic system?
A
Command
В.
Traditional
С.
Mixed
D
Free enterprise
The approach is best demonstrated by Free Enterprise
Let understand that Free Enterprise is a system where there are full freedom for individuals and businesses. This system brings economic growth because its encourages entrepreneurs to start new businesses and take risks.
A laissez-faire economy system, notable a theory developed by the French creates the philosophy of giving businesses more autonomy from government rules and regulations
This economy system makes its easier for companies to take risks and invest in the economy.Learn more about laissez-faire
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Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.
This year
Sales $ 1,000
Balance Sheet: Assets
Cash $ 150
Short-term investments $ 125
Accounts receivable $ 150
Inventories $ 100
Total current assets $ 525
Net fixed assets $ 400
Total assets $ 925
Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets?
Sorry but this is kind of confusing but can you plz help me with this math problem
Santa is trying to buy socks for all his elf helping the year. He went on Amazon and found a pack of 8 socks for $24. He wants to know what each socks cost to be able to write an equation, and later he wants to know how much 12 socks with cost him.
I need the Ratio, Unit Rate, C.O.P. And an equation
Answer:
Explanation:
Total Operating costs for this year = Cash + Acct. Receivable + inventories + net fixed assets
Total Operating costs = 150+150+100+400 = 800
(Short term investments are not included in operating costs)
Projected growth in costs (Assuming same as sales) = 12% *800 = 96
Projected total operating costs = $800+$96 = $896
What is the most financially dangerous way to pay for college?
Scholarships
Cash
Credit cards
Federal student loans
Answer:
The most financially dangerous way to pay for college is Federal student loans since they have a large return rate. They are going to have to be paid back and most of the time you will pay more trying to pay off the loan than paying for the college.
Explanation:
how do you access custom fields in qbo
Answer:
Explanation:
To access custom fields in QuickBooks Online (QBO), you can follow these steps:
Log in to your QBO account and navigate to the Sales or Expense Transactions tab, depending on where the custom field is located.
Click on the transaction you want to view, and scroll down to the bottom of the page.
You will see the custom field(s) listed under the "Custom Fields" section. Click on the field name to view or edit the information.
To add a custom field, go to the Gear icon > Custom Form Styles > Edit > Content > Fields > Custom Fields.
Click on "New Custom Field" to create a new custom field.
Enter the name of the field and choose the type of field (e.g. text, checkbox, date).
Click "Save" to add the custom field to your QBO account.
Once you have added custom fields, they will be available for you to use on transactions in QBO. You can use these fields to track additional information that is not included in the standard QBO fields.
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
please help me this is urgent ill give all points
An income statement, also known as a profit and loss statement, shows a company's revenue and expenses over a particular period. The statement begins with revenue and subtracts the cost of goods sold to calculate gross profit.
What is a balance sheet?A balance sheet shows a company's assets, liabilities, and equity at a specific point in time. The statement is divided into two sections: assets on the left and liabilities and equity on the right. The total assets must always equal the total liabilities and equity. Assets are items that a company owns that have value, such as cash, property, and inventory. Liabilities are amounts that a company owes, such as loans or accounts payable. Equity is the residual interest in the assets of the company after liabilities are deducted.
Analyzing charts relating to an income statement and balance sheet can provide insight into a company's financial health. For example, a chart showing revenue growth over time can indicate how successful the company has been in increasing sales. A chart showing the debt-to-equity ratio can show how much debt a company is using to finance operations compared to equity.
The choice of financing source will depend on several factors, including the amount of money needed, the urgency of the need, the cost of borrowing, and the creditworthiness of the company. Self-financing involves using the company's own funds to finance expansion, which may be the most flexible option but could limit the amount of funds available. Friends and family may be willing to provide a loan or investment, but there is the potential for personal relationships to be damaged if the business does not perform well. Investors may provide a large sum of money, but may also require a significant equity stake in the company. Loans may be available from banks or other financial institutions, but interest rates and repayment terms can vary widely. Grants may be available for specific types of businesses or projects, but may require significant effort to apply for and are typically limited in size. Credit cards can provide a quick and easy source of funds, but typically have high-interest rates.
Based on the financial statements, a company may consider several factors when deciding on a financing source. For example, if the company has strong revenue growth but needs a large sum of money quickly, an investor or loan may be a suitable option. If the company has adequate cash reserves but needs a smaller amount of funds, self-financing or a credit card may be more appropriate. Ultimately, the company will need to weigh the pros and cons of each financing source and choose the option that best meets their specific needs.
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The law in your state allows an employer to create an
enforceable agreement that restricts an employee's
postemployment activities as long as the restriction is
reasonable in terms of purpose, geographic area, and
duration. Your employer is a dominant force in the
technology industry, an industry that is ever changing at
a rapid pace. As a result, top employees want the flex-
ibility to move from company to company. Of course,
having and keeping top employees is a competitive
advantage. Assume that you are an executive charged
with determining whether your firm will embrace a
postemployment restriction within its contracts of
employment. If you adopt a justice theory approach,
what result might you adopt, and why? If you adopt a
utilitarianism approach, what result might you adopt,
and why?
Utilitarian theory respects all persons equally without particular regard and assists people in making moral decisions. The utilitarian theory provides a basic technique. According to utilitarian philosophy, humans value all moral terms such as self-sacrifice, justice, and honesty.
There are various philosophies of justice, including utilitarianism, justice as fairness, and libertarianism. Utilitarians were those who supported utilitarian doctrine. With utilitarian theory being one of the theories of justice, the researcher was compelled to investigate how the theory provides justice to people, how it impacts human behaviour, and the issues the theory faces in the present world. Act utilitarians argue that their theory gives compelling grounds to reject many conventional moral statements and substitute them with moral perspectives based on the consequences of actions. People who are persuaded by act utilitarianism's critics may decide to abandon utilitarianism outright and adopt another form of moral theory.
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Your interest rate is compounded annually ,beginning balance $1166.40 annual rate 8%, how much will you earn in interest alone?
You will earn $93.31 in interest alone.
To calculate the amount of interest you will earn, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (beginning balance)
r = annual interest rate (in decimal form)
n = number of times interest is compounded per year
t = number of years
In this case, the beginning balance is $1166.40, the annual interest rate is 8%, and the interest is compounded annually.
First, we need to convert the annual interest rate to a decimal form by dividing it by 100: 8% / 100 = 0.08.
Next, we substitute the values into the formula:
A = 1166.40(1 + 0.08/1)^(1*1)
Simplifying the equation, we have:
A = 1166.40(1.08)
Now, we can calculate the final amount
A = $1166.40 * 1.08
A = $1259.71
To find the amount of interest earned, we subtract the principal amount (beginning balance) from the final amount:
Interest earned = $1259.71 - $1166.40
Interest earned = $93.31
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Crocs Proprietary Limited “Crocs” was incorporated on 1 February 2021. Soon after its incorporation, Crocs entered into an agreement with the municipality to lease a vacant piece of land. As per the lease agreement, Crocs may erect a structure on the land, but the company is obligated to dismantle and remove the structure at the end of its useful life and restore the land to its original state.
The construction of the building, which will house the abattoir operations, started in February 2021. It was completed on 30 April 2021 and recorded in the accounting records with a total cost of R2 670 000.
The following journal entry was recorded on 30 April 2021
DR Property, plant, and equipment 2 670 000
CRPayables 2 670 000
The building was available for use on the same day. The management of Crocs estimated the future dismantling, removal, and restoration costs to be R750 000. An appropriate discount rate (after tax) of 9% was determined.
The estimated useful life of the building is 20 years. Included in the total construction costs of the building (R2 670 000), were the following costs:
• Light steel costing R50 100 which was damaged irreparably during the construction of the building.
• Cost of R30 023 incurred to advertise the date of the opening of the facility on 1 June 2021.
The 4 machines used on the production line, with a total cost of R880 000 were fitted and installed by 1 May 2021 and available for use on the same day. The machines were brought into use on 1 June 2021, on the day of the opening of the facility. The estimated useful life of machinery is 10 years.
On 29 March 2023, the engine of one of the machines sparked and caught alight due to unscheduled loadshedding on that day. The engine was replaced at a cost of R18 000. It was not identified as a significant component at initial recognition. Its estimated useful life is 3 years.
Required:
3.1.1 Critically discuss the accuracy of the initial measurement of the building recorded in the financial records of Crocs (Pty) Ltd for the year ended 30 April 2021. Show all calculations as marks are awarded. ( 10 marks)
3.1.2 Prepare the correcting journals due to your discussion in 3.1.1 for Crocs (Pty) Ltd for the year ended 30 April 2021. ( 5 marks )
3.1.3 Calculate the correct cost of the building.
3.2 Prepare the property, plant and equipment note to the financial statements of Crocs (Pty) Ltd for the year ended 30 April 2023. Show calculations as marks are awarded.The total column is not required. (16 marks)
3.3 Show the value at which property, plant and equipment will be reflected in the ( statement of financial position of Crocs (Pty) Ltd as at 30 April 2023. (2 marks)
3.1.1 Critically discuss the accuracy of the initial measurement of the building recorded in the financial records of Crocs (Pty) Ltd for the year ended 30 April 2021. Show all calculations as marks are awarded.
To assess the accuracy of the initial measurement of the building, we need to consider the relevant costs and adjust the recorded amount accordingly.
a) Light steel costing R50,100: This cost should be excluded from the initial measurement of the building as it was damaged irreparably during construction. Since it is a non-recoverable cost related to a separate asset, it should not be included in the building cost. Therefore, the building cost needs to be reduced by R50,100.
Adjusted building cost: R2,670,000 - R50,100 = R2,619,900
b) Advertising cost of R30,023: The advertising cost incurred for the opening of the facility is not directly attributable to the construction of the building. It should be expensed separately as a marketing or promotional expense rather than capitalized as part of the building cost. Therefore, it should not be included in the building cost.
Adjusted building cost: R2,619,900
3.1.2 Prepare the correcting journals due to your discussion in 3.1.1 for Crocs (Pty) Ltd for the year ended 30 April 2021.
To correct the initial measurement of the building, the following journal entry should be recorded:
DR Property, plant, and equipment (Building) - R50,100
CR Accumulated depreciation - R50,100
Adjusted building cost: R2,619,900
3.1.3 Calculate the correct cost of the building.
The correct cost of the building is R2,619,900.
3.2 Prepare the property, plant, and equipment note to the financial statements of Crocs (Pty) Ltd for the year ended 30 April 2023. Show calculations as marks are awarded. The total column is not required.
Property, Plant and Equipment Note
Year Ended 30 April 2023
Property, Plant, and Equipment:
Buildings:
Opening balance: R2,619,900
Additions: None
Disposals: None
Depreciation: Accumulated depreciation at the end of the year
Closing balance: Cost - Accumulated depreciation
Machinery:
Opening balance: R880,000
Additions: None
Disposals: None
Depreciation: Accumulated depreciation at the end of the year
Closing balance: Cost - Accumulated depreciation
3.3 Show the value at which property, plant, and equipment will be reflected in the statement of financial position of Crocs (Pty) Ltd as at 30 April 2023.
The value at which property, plant, and equipment will be reflected in the statement of financial position is the net carrying amount, which is the cost of the asset minus accumulated depreciation.
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The overall cost of your credit (loan) depends on
A fast internationalization strategy for better generation has some associated risks. What are these risks?
Answer: Political risks eg High taxes
Economic risks eg fluctuation of exchange in currency.
Please see below for further explanation.
Explanation:
Internationalization strategy is the plan by an organization to expand beyond the domestic market to become globally visible in another country or countries market.
The risks associated Associated when a company, better generation tries to expand globally include
1.)Political risks:Political risk occurs when target countries policies change or fluctuates in such a way to negatively affect a business.
Some of the political risks include
---Instability in foreign country's governments due to corruption
---Government regulations eg High taxation, High tariff quotas
-----Trade barriers etc.
2.Economic Risks here refers to the conditions in the foreign nation's economy that affect a company's financial gains.
Some of the Economic risk include
-fluctuations in the value of currencies exchange.
-Inflation
-Quality of basic infrastructure in terms of electricity, transportation, accessible to water etc as the case may be.
--Labor and differences in wages.
Bono was kicked out of the band U2 for failing to attend rehearsals on time and constantly cutting the strings of Adam Clayton bass guitar. For the purposes of this question Bono was an employee of U2 which is an American company. Bono applies for unemployment insurance. Provided that he is actively attending auditions to display his willingness and ability to seek future employment he will receive state administered unemployment benefits.
A. True
B. False
Answer:
B
Explanation:
He was fired for constantly missing rehearsals which is a duty of his role as an employee of U2
He was fired for constantly missing rehearsals which is a duty of his role as an employee of U2. As the Bono is fired because of his continuous mistakes, and he is not liable to get the unemployment insurance.
What is unemployment insurance?Unemployment insurance benefits are offered by the U.S. Federal Government to enrollees who become jobless absolutely no fault of their own and fulfill some other rules.
Unemployment insurance is a state-federal program that pays financial compensation to workers who are unemployed.
Thus, option B is correct.
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According to the box "Reaching Beyond Our Borders, Tesla was able to do the impossible feat of
Multiple Choice
opening up a new auto plant in China in under 18 months.
sending the first U.S. citizen to the moon.
building an electric bicycle that can be recharged on solar power.
building over 1 million vehicles each year.
Answer: Based on the information provided in the box “Reaching Beyond Our Borders,” the correct answer would be option A: opening up a new auto plant in China in under 18 months.
In the indicated time, Tesla indeed managed to complete the incredible achievement of opening a new auto manufacturing plant in China in under 18 months, a testament to their commitment to advancing the use of renewable energy and marking a significant expansion in their global presence.
Explanation:According to the box 'Reaching Beyond Our Borders', Tesla was able to accomplish the seemingly impossible feat of opening up a new auto plant in China in under 18 months. This accomplishment was striking as it signified a significant leap towards promoting sustainable energy on a global level, given Tesla's primary focus on electric vehicles. Meanwhile the options of - sending the first U.S. citizen to the moon, building an electric bicycle that can be recharged on solar power, and building over 1 million vehicles each year - do not correctly match the facts reportedly associated with Tesla's activities within the given timeframe.
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Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each one, reports to a different senior manager. These senior managers report to the Managing Director. Once a month after payday, Joseph, Krystal and other members of the social group all try to have lunch together.
Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas, his manager.
‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time, over two and a half months and we just needed to finalize the costing. We had reached an agreement about the cost that both of us were comfortable with. For the past two weeks, I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company. They are fast and have a great reputation for products and services. The price is good and they are willing to customize the stationary, with no additional cost to us. Anyway, Nicholas was always too busy to meet. I emailed him the contract and my teams thoughts on how we should proceed hoping he would read it.’ My team consists of the Accounts/Finance Manager, Inventory Manger, Legal, Research & Development, Public Relations Manager and I, and we meet at different times and days, whether collectively or selectively.
‘Anyway we, Nicholas and I, met with the supplier this morning. We are going through the contract, the next thing I know Nicholas says, ‘This won’t work for us. The cost is too high. Where did these calculations come from?’ ‘If the floor had opened up and swallowed me I could have not been more embarrassed. I mean I spent three weeks, working on it with the team Accounting, PR and Legal! Joseph shaking his head continued, ‘he just took over the conversation. I mean we got the contract signed but in the end all that happened was that the figures were rearranged we still end up paying the same.’ ‘I am tired of this foolishness. He stays locked in his office on his cell every day. Only God knows what he does in there.’
1. Do you believe that Nicholas is an unethical manager? Justify your response by choosing one of the ethical decision making concepts outlined in unit 2 to argue/support your writing.
2. From the chosen ethical decision making concept selected by you in question 1, show its relationship to any one of the variables in an analytical tool, outlined in unit 1, read.
1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.
2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.
1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.
2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.
To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.
Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.
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Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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Which two of these are essential for completing an initial mortgage loan application?
The two things that should be important for finishing the initial mortgage loan application are the purchase price of the home, present debts & credit history.
The following information should be considered:
The above two things should be important as it helps in determining the loan amount & credit history for determining the credit score. Also, the insurance money & money in the saving account should not be important also the income proof is required at a later stage for the loan security.Therefore we can conclude that the two things that should be important for finishing the initial mortgage loan application are the purchase price of the home, present debts & credit history.
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Free Internet?
Everyone should have free Internet access to education, news, jobs, and more.
The graph plots education and news on the x-axis and other goods and services on the y-axis.
Draw the economy's PPF before the Internet and label it PPF0.
Draw the PPF after the arrival of the Internet if the effect on education and news is greater than on other goods and services. Label it PPF1.
Answer:
graph below
PPF shifted rightward, but shift on education and News is higher because effects of Internet is higher in Education and News
Explanation:
With the Internet, more education and news and more other goods and services can be produced. The production of other goods and services increases by less than the increase in education and news when all resources are used. The PPF shifts outward.
38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form
A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.
A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.
A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.
In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.
In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.
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Read the following scenario and determine if the situation requires a direct or indirect message.You have just been offered a promotion that your friend and coworker, Sharon, has been hoping for. Sharon knows that you had a scheduled meeting with your boss today and sends you an e-mail asking how your meeting went. You know Sharon will be upset when she hears the news of your promotion; however, she is a good friend, and you need to be honest and tell her in your response e-mail.
Answer: Indirect message
Explanation:
The indirect message should be used in this case. We should note that this is typically used when one wants to pass a bad or sensitive news across to someone. In an indirect strategy, we should note that the main reason for the communication is usually after an explanation had been done first.
Therefore, in this case the indirect message should be used in communicating with Sarah. The message may hurt Sarah therefore it should be communicated in an indirect manner.
The identity thief's information on your credit report wouldn't impact your ability to
get certain types of jobs.
True
False
Anastasia is a principal who is responsible for telling one of her teachers that the school will be cutting her Spanish program in the fall. She has been friends with this teacher for years and knows that the teacher will be very upset. What is the most appropriate communication channel for Anastasia to choose to share this news with the teacher in this scenario?
Question 2 options:
She should send the teacher a formal, typed letter.
She should talk to the teacher face-to-face.
She should send the teacher a text message.
She should post the news on the school website.
Answer she should talk to her face to face
Explanation:
if she respects this woman that is the best way to keep it
What accounting book is used to capture changes to the trial balance
The accounting book used to capture changes to the trial balance is the general Journal.
The general journal is a chronological record of all financial transactions that affect account balances, including adjustments and corrections. It is where entries are first recorded before being posted to the appropriate accounts in the general ledger.
Journal entry refers to the process of entering business transactions in a journal called a Journal, which is then used to prepare the company's financial statements. The journal data will be extracted in order to create a ledger report.
The general journal assists in maintaining an accurate and full record of all modifications made to the trial balance, assuring the accounting system's integrity.
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introduction to ideas of security in business
Answer:
Business security refers to the measures and procedures put in place to protect a company's assets, employees, and clients from various threats, both internal and external.
Here are some ideas of security in business:
1. Physical security: Physical security involves measures put in place to protect the physical assets of a business such as buildings, equipment, and inventory. Physical security measures may include the use of surveillance cameras, alarms, security personnel, and access controls.
2. Information security: Information security refers to the protection of sensitive information such as customer data, financial information, and trade secrets. Information security measures may include the use of firewalls, anti-virus software, encryption, and password protection.
3. Cybersecurity: Cybersecurity involves protecting a business's digital assets such as networks, computers, and software from cyber-attacks and unauthorized access. Cybersecurity measures may include the use of firewalls, anti-virus software, data encryption, and regular software updates.
4. Personnel security: Personnel security involves screening employees, vendors, and contractors to ensure that they do not pose a risk to the company's assets, clients, or reputation. Personnel security measures may include background checks, drug testing, and security clearances.
5. Emergency preparedness: Emergency preparedness involves preparing for and responding to emergencies such as natural disasters, accidents, and security breaches. Emergency preparedness measures may include emergency drills, evacuation plans, and crisis management teams.
Overall, implementing these security ideas can help a business to minimize risks and protect its assets, employees, and clients.
Explanation:
Answer:
Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.
Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.
Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.In addition to physical security, cybersecurity is also a critical aspect of business security. With the increasing use of technology in business operations, companies are vulnerable to cyber attacks that can compromise their data and sensitive information. Therefore, businesses need to have robust cybersecurity measures in place to protect against cyber threats.
Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.In addition to physical security, cybersecurity is also a critical aspect of business security. With the increasing use of technology in business operations, companies are vulnerable to cyber attacks that can compromise their data and sensitive information. Therefore, businesses need to have robust cybersecurity measures in place to protect against cyber threats.Overall, the idea of security in business is to create a safe and secure environment for all stakeholders, protect the company's assets and information, and ensure business continuity. By implementing appropriate security measures,
Explanation:
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If you receive 10 units of utility from consuming one cup of coffee and 16 units of utility from consuming two cups of coffee, which of the following is the likely amount of utility you will receive from consuming three cups of coffee?
Answer:
26
Explanation:
Answer:
18
Explanation:
1 unit= 10 2 units =16 2/16= 8
3 cups is 18
For each of the following separate situations, prepare he necessary accounting adjustments using the financial statement effects template.
a. Unrecorded depreciation on equipment is $610.
b. On the date for preparing financial statements, an estimated utilities expense of $390 has been incurred, but no utility bill has yet been received or paid.
c. On the first day of the current period, rent for four periods was paid and recorded as a $2,800 debit to Prepaid Rent and a $2,800 credit to Cash.
d. Nine months ago, The Hartford Financial Services Group sold a one-year policy to a customer and recorded the receipt of the premium by debiting Cash for $624 and crediting Contract Liabilities for $624.
e. At the end of the period, employee wages of $965 have been incurred but not yet paid or recorded.6. At the end of the period, $300 of interest income has been earned but not yet received or recorded.
Answer:
depreciation expense equipment 610 debit
accumulated depreciation equipment 610 credit
utilities expense 390 debit
utilities payable 390 credit
rent expense 700 debit
prepaid rent 700 credit
insurance expense 468 debit
prepaid insurance 468 credit
wages expense 965 debit
wages payables 965 credit
interest receivables 300 debit
interest revenue 300 credit
Explanation:
(C) rent calculations
2,800 --> four period of rent
2,800 / 4 = 700 per period
(D) insurance calculations
624 for the entire years
expired 9 months in this period
$624 x 9/12 = 468
BRAINLIEST ANSWER+50 POINTS
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Russ and Sandy are a young 30 something couple who have accumulated a lot of assets in a short amount of time. At
the same time, they also have some debt. Let's take a look:
Assets
Liabilities
Home valued at $478,000
1. What is the value of their large assets?
2. What is the value of their liquid assets?
3. There are 50,000 outstanding shares of litmus. What is their ownership percentage of Litmus? (Hint; Use the percent of ownership formula)
4. What is the value of their personal possessions
5. What is the total value of their assets?
6.What is the value of their major liabilities?
7. What is the value of their minor (personal) liabilities?
8. What is their total liability?
9. What is their total net worth?
10. List Russ and Sandy’s liquid assets.
Answer:
1. 511000
2. 221844
3. 2 percent
4.26150
5. 758994
6.250150
7. 11185
8. 261335
9. 758994
10. Litmus stock(18,000) checking account(15,250) Savings account(188,594)
Explanation:
COMPLETE ANSWER
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Direction: Read each statement carefully. Write True in the blank if the statement is right and False if it is wrong. Prove it.
1. Environmental Scanning is a process of gathering, analyzing, and providing information for tactical or strategic purposes.
2. Environment refers to institutions and forces that affect organizational performance.
3. The firm must realize the importance of their suppliers that providethem with major inputs.
4. Competitive environment refers to specific groups of people with which the company/firm interacts.
5. The external environment offers strengths and weaknesses to business while the internal environment brings opportunities and threats.
6. The more power each of these competitive environment forces have, the more profitable the industry will be.
7. The firm's managers must be able to identify the varying needs of its customers and focus on creating customer value.
8. Strength is an unfavorable condition in the organization's environment causing damage to the organization.
9. The industry environment is considered as the firm's indirect environment.
10. Competitive environment forces have the power to influence the nature of the competition.
5. Threats and opportunities come from events outside of your business, in the wider market. Opportunities and threats can be seized, and you can take precautions to avoid them, but you cannot alter them. Competitors, raw material costs, and consumer shopping patterns are a few examples.
8. A resource or capacity that an organization can use wisely to accomplish its goals is considered a strength.
9. An indirect environmental element is one that can be controlled by an organization to a reasonable extent and can arise from interactions between an organization and outside parties.
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Refer to the diagram above. Based on the information illustrated in this graph, which of the following is an accurate statement? a) production should keep expanding because MR is always less than MC b) because this is a perfectly competitive firm, the profit maximizing rule is not P = MR c) profits will be reduced by production in the zone where MC exceeds MR d) because this is a perfectly competitive firm, the profit maximizing rule is not P = MC
The market with the most consumers, producers, and homogeneous items is considered to have perfect competition (identical).
What is homogeneous?Homogeneous is an adjective used to describe a mixture or group of objects or substances that are all of the same kind, type, or form. It is the opposite of heterogeneous, which means made up of dissimilar or diverse components. Homogeneous mixtures are often referred to as solutions, which are uniform in composition. Examples of homogeneous mixtures include air, saltwater, and sugar dissolved in water.
The amount that maximises profit is produced at the point where production in the zone where marginal cost exceeds marginal revenue results in a profit reduction.
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Complete Question:
Which of the following is not a feature or characteristic of subscription monitoring tools? Select one: a. Most moderate and high end monitoring services rely on an advertising business model similar to Google and offer their services for free. b. The most comprehensive social media monitoring tools require the user to pay a subscription or licensing fee. c. These tools monitor the social media environment for mentions of a company’s brand or name. d. These tools measure the tone or sentiment (e.g. positive, negative, neutral) of conversations.
Answer:
a. Most moderate and high-end monitoring services rely on an advertising business model similar to Google and offer their services for free.
Explanation:
Subscription management tools are employed by businesses to monitor the transaction activities of customers on their business pages. The software needed for this monitoring is provided by companies who charge some fees for their plans, especially, the most comprehensive plans.
Some services they render could be sales analytics, payment management, upgrade, and downgrade of plans. Also, search engine optimization makes the brand visible to customers who use social media. The tone of conversations can also be measured as positive, negative, or neutral with the aid of these monitoring tools.
Jenks Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value (LCNRV) basis in valuing inventories: Product Cost NRV A $115,000 $125,000 B $95,000 $75,000 C $175,000 $180,000 After Jenks applies the LCNRV rule, the value of the inventory reported on the balance sheet would be:
Answer:
$365,000
Explanation:
The computation of the inventory reported on the balance sheet is shown below:
Product Cost NRV Lower cost
A $115,000 $125,000 $115,000
B $95,000 $75,000 $75,000
C $175,000 $180,000 $175,000
Total $365,000