The primary goal of managerial accounting is to provide management with data that can be used for planning and controlling operations.
Which of the following is the goal of managerial accounting?The primary goal of managerial accounting is to make as much money as possible while limiting losses. It focuses on how data is presented to managers in order to forecast financial discrepancies and assist in making critical decisions. It covers a wide range of commercial procedures and has a very broad scope.
The primary goal of managerial accounting is to provide management with data that can be used to plan and control operations.
These objectives are survival, financial gain, and organisational expansion.
The five general management functions are planning, organising, staffing, leading, and controlling. These five general functions are at the heart of management as a discipline.
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Tanker Oil Co., a developmental stage enterprise, incurred the following costs during its first year of operations:
Legal fees for incorporation and other related matters $55,000
Underwriters’ fees for initial stock offering 40,000
Exploration costs and purchases of mineral rights 60,000
Tanker had no revenue during its first year of operation. What amount may Tanker capitalize as organizational costs?
The amount of the tanker will be $55000 only as like legal fees.
Of the costs listed, only $55,000 of litigation costs are capitalized as organizational costs. The underwriter's fees are equity offering costs, not expenses of the organization, and are accounted for (1) as an offset against the proceeds of the offering or (2) as a separate deferred fee that is amortized over a reasonable period of time. Exploration costs and acquisition of mining rights are considered normal operating costs.
Operating Cost:
Operating costs are related to the day-to-day maintenance and management of your business. Operating expenses include direct cost of goods sold (COGS) and other operating expenses (often referred to as selling, general and administrative expenses (SG&A)). These costs include rent, labor costs, other overhead costs, raw material costs, and maintenance costs. Operating expenses do not include non-operating expenses related to financing such as interest, investments and foreign currency translation.
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an application to register securities may be filed by all of the following except a(n):
a. broker-dealer b. investment adviser c. issuer d. person on whose behalf the offering is to be made
Option B. investment adviser, any individual or organisation that provides investment advice or does securities analysis in exchange for payment is referred to as an investment adviser (sometimes known as a stockbroker).
The sale of a fresh issue of securities covered by an effective registration statement that was filed by the issuer in a State has begun.
issuing reports or analyses about securities as part of a regular business. in the business of giving investment advice to others about the worth of or about investing in securities, including stocks, bonds, mutual funds, exchange traded funds, and some other investment products.
A Registered Investment Advisor, or RIA, is an investment advisor having enough assets to be registered with the Securities and Exchange Commission. Alternatively written "investment adviser" or "financial adviser," investment advisors are also known as "financial advisors."
Anyone who advises or manages capital investments for investors is a financial advisor. The Investment Advisers Act of 1940, a federal law in the United States, establishes the obligations and duties of an investment adviser.
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cormac purchased furniture from a local business with no payments for 12 months at 0% interest. six months later, he was told he owed the original amount, plus interest and late fees. when he finally reported the company, he correctly reported them to the:
Cormac purchased furniture from a local business with no payments for 12 months at 0% interest. six months later, he was told he owed the original amount, plus interest and late fees. when he finally reported the company, he correctly reported them to the: Consumer Financial Protection Bureau
The United States government's Consumer Financial Protection Bureau (CFPB) is the organization in charge of overseeing consumer protection in the financial industry. Banks, credit unions, securities companies, payday lenders, mortgage-servicing businesses, foreclosure relief services, debt collectors, and other American-based financial businesses fall under the purview of the Consumer Financial Protection Bureau (CFPB). Since its inception, the CFPB has kept an eye on how financial institutions targeted consumers using social media and algorithmic targeting.The Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in 2010 as a legislative response to the financial crisis of 2007–2008 and the ensuing Great Recession, gave the green light for the establishment of the Consumer Financial Protection Bureau (CFPB).To know more about Interest here
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Furniture was bought by Cormac from a nearby store with no payments for a year and no interest. He was informed that he owed the initial sum plus interest and late fees six months later. When he did report the business, he did so to the appropriate agency: Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau supports customers by taking complaints and offering instructional resources. It regulates banks, lenders, and significant non-bank organisations such credit reporting agencies and debt collection firms.
When certain activities may be in violation of federal consumer finance law, the CFPB will occasionally issue recipients a warning letter. These are not wrongdoing-related claims. Instead, they are intended to assist recipients in reviewing specific processes to make sure businesses adhere to federal law.
The CFPB has monitored how financial institutions targeted customers through social media and algorithmic targeting ever since it was established.
The Consumer Financial Protection Bureau was authorised by the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was established in 2010 in response to the financial crisis of 2007-2008 and the accompanying Great Recession (CFPB).
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regional economic integration (rei) refers to agreements among countries in a geographic region to reduce, and ultimately remove, tariff and nontariff barriers to the free flow of goods, services, and factors of production among them
Regional economic integration involves agreements among countries in a geographic region to reduce, and ultimately remove, tariff and nontariff barriers to the free flow of goods, services, and factors of production between each other. The statement is True
By regional economic integration we mean arrangements among nations in a geographic district to diminish, and eventually eliminate, tax and nontariff hindrances to the free progression of merchandise, administrations, and variables of creation between one another.
Regional economic integration is a cycle wherein at least two nations consent to take out financial boundaries, with the ultimate objective of improving efficiency and accomplishing more noteworthy monetary reliance. There are four fundamental kinds of territorial monetary combination -
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Complete Question -
Regional economic integration involves agreements among countries in a geographic region to reduce, and ultimately remove, tariff and nontariff barriers to the free flow of goods, services, and factors of production between each other. True or False ?
lorenta company has provided the following data (ignore income taxes): 2022 revenues were $103,900. 2022 expenses were $48,900. dividends declared and paid during 2022 totaled $8,000. total assets at december 31, 2022 were $188,000. total liabilities at december 31, 2022 were $111,000. common stock at december 31, 2022 was $30,000. which of the following is not correct? Total liabilities and stockholders' equity at December 31, 2019 was $188,000.
Total stockholders' equity at December 31, 2019 was $77,000.
2019 net income was $55,000.
Retained earnings on December 31, 2019 were $188,000.
According to lorenta which is incorrect, retained earnings totaled $188,000 as of December 31, 2019. Retained Earnings is the accumulated net income or earnings of a company after dividends are paid.
Net income generated by a business unit is typically distributed to shareholders as dividends or retained internally for company growth and expansion. Retained Earnings (RE) is the amount of net income remaining in a company after paying dividends to its shareholders. The decision of whether to keep profits or distribute them to shareholders is usually left to management. Retained earnings represent the net profits that a company has accumulated over time and can be reinvested in the company or distributed to its shareholders. Therefore, it is an important variable in assessing a company's financial position.
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attrition is a method of reducing the size of the workforce by permitting people who are within a few years of retirement to retire early with full benefits.
a. true
b. false
The given sttament that "attrition is a process of reducing the size of the workforce by enabling individuals who are within a few years of retirement to retire early with complete benefits" is false. Because it refers to departure of employees from the company for any reason, involuntaryor voluntary or , including termination, resignation, death or retirement.
Attrition refers to the gradual reduction of a workforce through the natural process of employees leaving an organization, either through voluntary or involuntary means. It is also referred to as "churn rate" or "employee turnover."
Voluntary attrition is when an employee chooses to leave the company, for example, by quitting or retiring, while involuntary attrition is when an employee is laid off, fired or terminated.
Thus, attrition refers to departure of employees from a company for any reason, involuntaryor voluntary or , including termination, resignation, death or retirement.
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purchasing agents at initech are looking in company files, trade directories, and websites, contacting suppliers for information, soliciting proposals from known vendors, and examining various online and print publications. they are in which of the following stages of the buying decision process?
The stage of decision-making process they are in at is called gathering information stage.
The purchasing agents at Initech are in the information search stage of the buying decision process. During this stage, purchasers are actively seeking out and evaluating different options that are available to them. This includes looking at company files, trade directories, websites, contacting suppliers for information, soliciting proposals from known vendors, and examining various online and print publications. By gathering this information, the purchasers can then make an informed decision on the best option that suits their needs. A decision-making process is a set of processes that an individual goes through to identify the best alternative or course of action to satisfy their needs. It is a series of procedures performed by business managers to establish the planned route for corporate objectives and to put specific actions in motion.
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the president of eastbury society decided to hold a nation-wide protest against the government with the aim of improving the nation's legislations for offenses related to terrorism. most members of the society were not interested to participate in the protest. however, each member wanted everyone else to take part in the protest as it would force the government to control terrorist acts and ensure the safety of all citizens. which of the following was being experienced by the members of the eastbury society?
1) tragedy of the commons
2) state of nature
3) resource curse
4) collective efficacy
4) The collective efficacy of the Eastbay society members was experiencing this.
What exactly is the idea behind collective efficacy?
A shared belief that the staff at the school can improve student achievement despite other factors in the students' lives that hinder their success is referred to as collective efficacy. When teachers see themselves as members of a team working for their students, they exhibit collective efficacy.
What exactly is community collective efficacy?
What residents are willing to do to improve their communities is referred to as collective efficacy. The capacity for informal social control and the willingness to intervene are at the heart of collective efficacy, despite the fact that social cohesion is the foundation of collective efficacy.
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On the basis of the three individual demand schedules below, and assuming these three people are the only ones in the society, determine (a) the market demand schedule on the assumption that the good is a private good and (b) the collective demand schedule on the assumption that the good is a public good. Responses go into the gray shaded cells.
Market Demand Schedule: Private Good - Horizontal (Quantity wise summation) of individual demand curves, schedules. Public Good - Vertical (Price wise summation) of individual demand curves, schedules.
What is the market demand schedule of goods? Explanation.The total quantity of goods all market buyers are able & willing to buy at a price or period of time: is graphically represented by the Market Demand Curve, and is tabularly represented by the Market Demand Schedule.
Private Good is an excludable rival good. The public good is a non-excludable non-rival good.
The market demand schedule for a private good is:
Graphically, the horizontal summation of individual demand curves
Schedule-wise, added total quantity demanded at the corresponding price.
The market Demand schedule of the public good is:
Graphically, the vertical summation of individual supply curves.
Schedule-wise added total willingness to pay for a given corresponding social quantity.
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total operating expenses are calculated by adding together the general and administrative and operations expense categories, and what else? select two options.
The sum of all running costs, including those for accounting, payroll, insurance, marketing, repairs, utilities, insurance, and any other expenditures the company has, may be used to determine the overall operational expenses.
The operating expenditures are easily determined by adding up all the costs that the business incurs during normal business operations. The following costs are included in the calculation of overall operating costs.
On a company's revenue statement for a particular period, general and administrative expenditures commonly show below the cost of items sold.
Operating costs, commonly referred to as selling, general, and administrative (SG&A) costs, are recurring expenses incurred by your company that are not directly tied to product manufacturing. The costs of running business are known as operating expenditures, commonly referred to as selling, general, and administrative expenses (SG&A).
Total operating expenditures are all of the costs that are incurred throughout a specific time frame as a result of regular business operations.
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is characterized by variability in demand orders among supply chain participants, the end result of which is inventory lumps. this is moving from starting and stop to a more consistent flow.
Bullwhip effect is characterized by variability in demand orders among supply chain participants, the end result of which is inventory lumps. this is moving from starting and stop to a more consistent flow.
When orders and forecasts go from the retailer to the manufacturer, the bullwhip effect distorts demand and raises volatility. Each link in the supply chain increases the number of extra items they order to serve as a buffer during spikes in demand. It would purchase that many replacement six-packs from the distributor if it usually sells 20 six-packs each day. The shop, however, is certain that after selling 70 six-packs in a single day, consumers will start making more purchases. The shop placed a 100 six-pack order to accommodate the anticipated higher demand. Because of the "Bullwhip Effect," a phenomena in the supply chain and distribution networks, forecasts might identify inefficiencies in the supply chain.
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back at the office you sit down with the three gerlach human resources personnel. right away they ask what kind of corporate culture you observed at deductive.
According to the proposed statement, deductive has an employee-centric culture much like Gerlach's, but you are concerned about the lack of innovation.
Deductive has an employee-centric culture that is similar to Gerlach's, but there are some differences:
Deductive's culture is more focused on results and achieving goals, while Gerlach's culture is more focused on creativity and innovation. Deductive has a strong performance-based culture that rewards employees for their hard work and dedication.However, this can lead to a lack of innovation, as there is a focus on getting things done quickly and efficiently, rather than exploring new ideas or methods. To encourage innovation, Deductive should focus on providing employees with the tools and resources they need to come up with creative solutions and ideas. Additionally, Deductive should create an environment that encourages collaboration and experimentation, while providing recognition and rewards for innovative ideas and solutions.
Decision Point: Corporate Culture
Back at the office you sit down with the three Gerlach human resources personnel. Right away they ask what kind of corporate culture you observed at Deductive. What do you tell them?
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Which of the following is NOT an event organized by a professional sport organization in North America?a. World Seriesb. Super Bowlc. Grey Cupd. March Madness
The World Series is the first of the following events that is NOT put on by a North American professional sports organization.
What does being professional mean?For most people, performing professionally entails carrying out tasks and conducting oneself in a way that makes others perceive them as knowledgeable, dependable, and courteous. Professionals are an honor to both themselves and other people.
What do you mean by professionalism?It entails having proper and efficient communication as well as constantly looking for methods to be productive. Employers seek candidates with a strong sense of responsibility, ethics, and teamwork as well as excellent interpersonal, communication, and problem-solving abilities. Expertise results when you combine these abilities.
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Please answer.........................
The topic, thesis, introduction, body, conclusion, and references are the first appropriate financial essay components. After finishing your first draft, start working on your second one.
An assignment in money terms is what?Assignment is the formal agreement-based transfer of some or all of the ownership rights and financial liabilities attached to a given asset, property, contract, etc. to a different party. A payee might provide a bank the authority to collect payments on a note, for instance.The topic, thesis, introduction, body, conclusion, and references are the first appropriate financial essay components. After finishing your first draft, start working on your second one. Include all the necessary details for a good paper in this draft. Fix grammatical and spelling mistakes, and improve the flow of the sentences in this draft.To learn more about financial essay components refer to:
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fill in the blank: companies should provide clear and useful content and experiences, so leads can easily find answers and take action, making more likely.
Companies should offer simple, helpful content and experiences so prospects can quickly identify solutions and take action, increasing conversions.
What exactly is conversion, and why is it crucial?When someone who has received marketing communications takes the desired action, we refer to that as a conversion. Although it does not always indicate a purchase, conversion is a crucial measure in the marketing funnel. Conversions are a sign that a prospect has progressed down the sales funnel and can potentially occur before a transaction.
What makes material relevant important?Customers are more likely to want to work with your brand if you are consistently visible through content since it gets familiar to them and demonstrates that you are an authority in your field.
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a firm would record which of the following accounting entries after purchasing $1,750 of supplies on account?
Assets and stockholders equity increase when stockholders make an investment in the business.A trial balanceis an accounting record that includes a list of accounts and their balances at a given time
A trial balance would help in detecting a journal entry that is posted twice.The normal balance for retained earnings is a credit.Suppose that, as a firm, you have sought to raise capital and were able to do this by issuing $750,000 of common stock and taking on a $500,000 debt. What would your journal entries Debit Cash $1,250,000, Credit Common Stock $750,000, Credit Notes Payable $500,000 Issuing Common Stock and obtaining a long-term loan will increase cash.Assets decrease when expenses are paid in cash. and a $1,750 increase to Accounts Payable.An error is an unintentional mistake while an irregularity is an intentional misstatement.Amounts are transferred to the ledger,after transactions have been entered in the journal.A debit to an asset account indicates a(n) increasehe asset. accounting transactions are economic events that require recording in financial statements.
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using the program evaluation and review technique, which of the following identifies the sequence of events or activities that requires the longest duration to complete, and that therefore cannot be delayed without delaying the entire project? question 24 options: program path critical function critical path crucial factor set
Using the program evaluation and review technique, critical path identifies the sequence of events or activities that requires the longest duration to complete, and that therefore cannot be delayed without delaying the entire project.
What Does a Project's Critical Path Entail?
The critical path in project management refers to the longest sequence of tasks that must be completed in order to accomplish a project. Because if the project as a whole is delayed, the critical path tasks are referred to as crucial activities.
The ability to precisely calculate the project's overall time makes identifying the important path essential for project managers.
Be aware of project risks, work dependencies, and resource restrictions.
Set up sensible project timetables and job priorities.
The critical route is identified by project managers using the critical path method (CPM) algorithm to calculate the shortest time needed to complete each task with the least amount of slack.
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multiple choice question identify the item below that would be subtracted from the book balance on a bank reconciliation. multiple choice question. outstanding checks nsf check deposit in transit interest earned
NSF customer check, Monthly check charges assessed by the bank and Monthly bank service charge would be subtracted from the book balance on a bank reconciliation.
Option D , E and F are correct.
How does bank reconciliation work?The summary of the banking and business accounts that reconciles a company's bank account with its financial record is known as a bank reconciliation statement. A record of all deposits, withdrawals, and other financial transactions with a bank over a specific time period is included in the statement.
Why do we reconcile our banks?The comparison (or reconciliation) of the items entered into your company's general ledger with the additions and deductions on the bank statement is the goal of a bank reconciliation. Differences in timing can be noted if there are any, like pending payments or deposits in transit.
Question is incomplete:
Choose the items below that would be subtracted from the book balance on a bank reconciliation.
a. Cleared checks
b. Interest earned on the depositor's account
c. Outstanding checks
d. NSF customer check
e. Monthly check charges assessed by the bank
f. Monthly bank service charge
g. Note collected by the bank for the depositor
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in general, a(n)___orientation is focused on offering customers what they need rather than getting customers to buy what is available for sale.
In general, a(n) Market orientation is focused on offering customers what they need rather than getting customers to buy what is available for sale.
What is market orientation?
Market orientation perspectives include decision-making perspectives, market intelligence perspectives, culturally based behavioral perspectives, strategic perspectives, and customer orientation perspectives. Market orientation ideas are used by well-known companies such as Amazon and Coca-Cola to improve or expand their goods and services.
Firms, costs, and output in a market-oriented economy are organically regulated by consumer demand for goods and services rather than by the government: A market-driven economy can present an uncertain future. India's economy has transitioned from a mixed planned economy to a mixed middle-income emerging social market economy with significant state intervention in key industries. It is the world's fifth-largest economy in terms of nominal GDP, and the third-largest in terms of purchasing power parity (PPP).
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An investment banking firm upgraded Skechers, saying it could rise 40%. What do you think, buy, short, stay away? why?
Answer: Buy
Explanation: Because i have been listening to rich dad poor dad and skechers is a big brand and all that but it will get you your money back and the money will work for you ... sorry if i'm wrong
Which of the following is the American Institute of Certified public Accountants least involved with? Multiple Choice O Promulgating auditing standards for nonpublic companies. O Contributing to the profession's self-regulation O Promulgating auditing standards for public companies O Promoting continuing professional education
d)The American Institute of Certified Public Accountants is least involved with promoting continuing professional education.
The American Institute of Certified Public Accountants (AICPA) is a professional organization that provides a wide range of services to its members.
The organization is involved in various activities, including promulgating auditing standards for public and nonpublic companies, contributing to the profession's self-regulation, and promoting continuing professional education.
However, among the listed options, promoting continuing professional education is not the primary focus of the AICPA. The organization's primary focus is on setting and enforcing accounting and auditing standards, promoting ethical conduct, and advocating for the profession.
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required: determine the missing amount for each separate situation involving manufacturing cost flows. (1) (2) (3) direct materials used $150,480 $33,890 direct labor used 75,000 45,720 factory overhead 122,000 32,840 60,275 total manufacturing costs 243,500 238,700 work in process inventory, beginning 56,920 8,245 total cost of work in process 289,325 work in process inventory, ending 22,545 11,250 cost of goods manufactured $265,420
The missing amount for each separate situation involving manufacturing cost flows is 253,800 248,600
How to determining the Cost of Missing Inventory?The difference between 1) the cost of the inventory items that are physically present or can be accounted for and 2) the cost of the inventory that would otherwise be on hand based on the accounting data is the approximation of the cost of missing inventory.The total cost of manufacturing is the sum of all expenses a company incurs during a reporting period for its production activities. It comprises all potential expenditures made by the production process, such as direct material costs, direct labour expenses, and manufacturing overhead.Direct labour used: $33,890, $150,480 in construction materials Factory overhead of 75,000 45,720 Total production expenses: 122,000 32,840 60,275 Work in progress inventory: 243,500, 238,700, starting 56,920, 8,245, total cost of work in progress: 289,325The missing amount for each separate situation involving manufacturing cost flows is 253,800 248,600To learn more about missing amount refer to:
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In which of the following choices are both the stock and options positions on the same side of the market?
I. Long call/short stock
II. short call/ long stock
III. long put/short stock
IV. short put/short stock
The stock and option positions reside on the same market's opposite side in the following options: Long call/short stock & Long put/short stock.
What exactly is a market, then?The market is the total quantity of customers and sellers in the area or region underneath consideration. The sector might be a country, a state, a city, or the entire planet. The patterns of the supply and demand upon that market influence the cost pricing, and costs of trade in products.
What is required by the market?The practical demands, desires, and goals of a target audience are referred to as market needs. A company could see a void in the needs of the market and create a product to meet it. If such a community does indeed have a lot of requirements, the firm may generate a sizable profit.
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Which of the following describes the process a manager or management accountant takes as the final step in the data science model?a The manager evaluates the modelb The manager prepares to deploy the modelc The manager prepares communicates the insights of the modeld The manager builds a model
Option b is correct. The process a manager or management accountant performs as the final step in a data science model is the manager prepares the model for deployment
What models are used in data science?A data science model organizes data elements and standardizes how they relate to each other and to the properties of real-world entities. There are three types of data models: Dimensional, Relational, Entity Relational. These models follow three approaches: Conceptually, logically, physically. There are other data models as well. However, they are outdated. B. Network, Hierarchical, Object Oriented, Multivalued.
How to create a data science model?Key stages in building a data science model: Set goals. Communicate with key stakeholders. Collect the data you need for exploratory data analysis (EDA) Determine the functional form of the model. Split the data into training and validation. Evaluate model performance. Deploy the model for real-time prediction.
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Ferguson Finance Company provides other firms with funds to expand operations. If Kennedy strictly complies with existing laws, the firm will:a. fulfill some business ethics obligations.
b. fulfill all business ethics obligations.
c. not need to fulfill any business ethic obligations.
d. fulfill no business ethics obligations.
Ferguson Finance Company provides other firms with funds to expand operations. If Kennedy strictly complies with existing laws, the firm will fulfill some business ethics obligations.[a]
Does abiding by the law always meet all responsibilities under business ethics?
All ethical requirements are not always met by following the law. It could be unethical to prioritize a company's short-term revenues over its long-term requirements without taking those needs into account. An action's legality is never in doubt.
Ferguson Finance Company provides funding for other businesses to grow their operations. Kennedy will fulfill some corporate ethical duties if it properly abides by the law.
Therefore, A typical cause of ethical issues in business is an overemphasis on long-term profit maximization.
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as long as there are differences in __________ costs, there are comparative advantages, and there will be potential for trade to make both parties better off
There is potential for trade to benefit both parties as long as there exist disparities in opportunity costs, comparative advantages, and trade.
What is opportunity cost?Economics has a notion known as opportunity cost. The term "cost" is frequently used by economists to refer to opportunity cost. The term "cost" is frequently used in discussions in the news.
Opportunity cost, as used in economics, refers to the values or advantages that a firm, business persons, or organizations sacrifice when they select one alternative over the other when making decisions about their operations. Opportunity cost is the difference in price between a different choice's value and the option that is ultimately chosen.
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Tucker Co. manufactures office furniture. Duri.g the most productive month of the year, 3,600 desks were manufactured at a total cost of $192,000. In its slowest month, the company made 1,200 desks at a cost of $72,000. Using the high-low method of cost estimation, total fixed costs per month are: a. $120,000 b. $12,000. c. $72,000. d. $11,600.
Using the high-low method of cost estimation, total fixed costs per month are $12,000.
Total fixed cost is given by;
Total fixed cost = Total cost - (Variable cost*Units)
Where;
[tex]Variable\:cost=\frac{Total \:cost\: of\: the\: most\: productive\: month - Total\:cost\: of\: the\: least\: productive\: month}{Total\: units\: of\: the\: most\: productive\: month - Total\: units\: of\: the\: least\: productive\: month}[/tex]
[tex]= \frac{192,000 - 72,000}{3,600-1,200}[/tex]
[tex]=\: $50 per unit[/tex]
Using either of the total cost and respective units produced;
Total fixed cost = 192,000 - (3,600*50) = 72,000 - (1,200*50) = $12,000
Therefore, using the high-low method of cost estimation, total fixed costs are $12,000. Option b.
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Which is the following is a concept, not a construct?
Multiple Choice
Banker
Robot
MLB-regulated baseball
None of these choices is concepts.
Banker is a concept, not a construct among the following options. A banker is someone who deals with the issuance and payment of checks.
What is the concept of banking and finance?
Banking and finance delves deeply into the worlds of money, stocks, credit, and investments. Our economy cannot function without the financial sector because it provides the assets or cash liquidity that consumers and businesses require for future investments. Network systems, internet banking, and phone/PC banking are a few examples of modern banking.
Banks are critical in the transmission of monetary policy because they are one of the government's most important instruments for achieving economic growth without inflation. While banks facilitate the movement of money in the markets in which they operate, the central bank controls the amount of money available on a national scale.
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if businesses believe that an economic expansion is around the corner, then businesses are likely to . select the correct answer below: increase investment expenditures reduce investment expenditures reduce their expectations of future profit keep the same levels of investment expenditures
if businesses believe that an economic expansion is around the corner, then businesses are likely to increase investment expenditures.
What is investment expenditures?Investment expenses relate to capital projects. Included are direct investment expenses, authority-granted loans and advances, and loan repayments (equipment and real estate acquisitions, new work, major repairs). Investment expenditures are costs incurred for brand-new capital equipment. The four types of investment include new nonresidential structures, adjustments to inventory, producer's durable equipment and software, and residential structures. The short- and long-term growth of the economy can be impacted by business investment. Because physical capital is generated and sold, a rise in business investment immediately raises the present level of gross domestic product (GDP).
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place the steps at the end of the accounting period in the correct order. instructions choice 1 of 5. record adjusting entries. toggle button record adjusting entries. choice 2 of 5. prepare an adjusted trial balance. toggle button prepare an adjusted trial balance. choice 3 of 5. prepare financial statements. toggle button prepare financial statements. choice 4 of 5. prepare an unadjusted trial balance. toggle button prepare an unadjusted trial balance. choice 5 of 5. close the temporary accounts. toggle button close the temporary accounts.
At the conclusion of an accounting period, businesses create a number of financial statements, including the balance sheet, the income statement, the statement of cash flows, and the statement of shareholders' equity.
Financial statements are written records that outline a company's operations as well as its financial performance. Government organizations, accounting firms, and other entities frequently audit financial statements to ensure their accuracy and for reasons related to taxes, financing, or investing. The balance sheet, income statement, cash flow statement, and statement of changes in equity are the four primary financial statements used by for-profit organizations. Nonprofit organizations employ a comparable but distinct set of financial statements.
Analysts and investors evaluate a company's performance using financial data to project how its stock price will develop in the future. One of the most important sources of reliable, audited financial data is the company's annual report, which also contains its financial statements.
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