Answer:
Loss of control over a product or process
Explanation:
Outsourcing is when third parties are employed to carry out some of the functions of an organisation. For example, an organisation may outsource its customer service agent job to third parties
Advantages of outsourcing
increased efficiencylower cost as the firm would invest less in infrastructureDisadvantages of outsourcing
Loss of control over a product or process outsourced agents may lack adequate information on the businessPrepare the correcting entry.
The purchase of 1200 of office equipment with a three year useful life was debited to office supplies
property taxes are $4,200 per year. The closing is April 20th and closing day is charged to the buyer. Using the 365-day method, how will the proration of property taxes show on on the closing statement?
Answer:
Dr Seller $1,254.25
Cr Buyer $1,254.25
Explanation:
Calculation for how will the proration of property taxes show on the closing statement
First step is to calculate days of seller ownership
Days of seller ownership= 31 days in January 31 + 28 days in February+31 days in March + 19 days in April
Days of seller ownership=109 days
Second step is to calculate the tax owed by the seller using this formula
Tax owed by the seller =[(Property taxes ÷365 days)*Days of seller ownership]
Let plug in the formula
Tax owed by the seller=[($4,200 per year÷365 days)*109 days
Tax owed by the seller=$1,254.25
Last step is how will the proration of property taxes show on on the closing statement
Closing statement Entries will be show as:
Dr Seller $1,254.25
Cr Buyer $1,254.25
Therefore how will the proration of property taxes show on the closing statement is Debit Seller $1,254.25 and Credit Buyer $1,254.25
The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the ____________________.
the Medicare Fee Schedule
The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the Medicare fees.
What is conversion factor?The conversion factor which is basically a mathematical ratio that expresses the relationship between two different units of measurement for the same quantity.
It is used to convert one unit of measurement to another equivalent unit of measurement. For example, the conversion factor between inches and centimeters is 2.54, meaning that 1 inch is equivalent to 2.54 centimeters.
Conversion factors are often used in scientific and engineering calculations, where measurements are expressed in different units.
On the basis of the Medicare fees, the conversion factor (CF) which is a national dollar amount is applied.
Learn more about conversion factor here:
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Hello today January 1 happy new year
Answer:
Happy New Year
Explanation:
Hi guys! 40 points!
I would appreciate some help on this one, I'm stumped lol.
What are some ways to encourage companies to get involved in exporting? Would exporting necessarily lead to a favorable balance of trade?
Answer:
1. Give companies the idea that they have an advantage in certain foreign markets and that they can earn a lot of money from this. Companies that make good business with exporting goods also earn them a reputable reputation.
2. If the exports of a country exceed its imports, the country is said to have a favourable balance of trade, or a trade surplus. Conversely, if the imports exceed exports, an unfavourable balance of trade, or a trade deficit, exists.
Explanation:
hope this helps :)
As digital technology continues to grow, consumer demands are likely to rise in four areas. Briefly describe each of these areas and what you expect consumer demand might be.
Explanation:
The 4 areas in which consumer demands are likely to rise with the growth in digital technology are
production, selling, marketing concept, and customer relationship.
Production: with increase in tech and demand with increasing population the production would increase.
Selling: With increase in production selling of product wolud also increase.
marketing concept: tech. will bring innovative marketing concept into picture, example digital and social media marketing.
Customer relationship: To increase sales and profit customer relation has be better and innovative , technology would be helpful in this context.
Mark sold his home to Lenny. Lenny moved into the home, but did not record the deed. A few weeks later, Mark died. His heirs were unaware that he had sold the home, and conveyed title to Donald, who actually recorded the deed. Who owns the property
Answer:
Lenny
Explanation:
Even though Lenny moved into the home but did not record the deed which is a legal document that will prove and show the transfer of ownership of the property from Mark to Lenny in which Donald was the one who recorded the deed , the person who OWNS the property is LENNY reason been that we were told that Mark sold his home to LENNY before he died a few weeks later.
Therefore the person who owns the property is LENNY.
Port's 5 force model for service DOES NOT include?
Answer:
The Porter's 5 forces include :
1. Competition in the industry
2. Potential of new entrants into the industry
3. Power of suppliers
4. Power of customers
5. Threat of substitute products
Explanation:
Porter's 5 forces is used to analyse how profitable a firm would be.
1. Competition in the industry - the higher the competition, the lower the firm's profitability.
2. Potential of new entrants into the industry : the easier it is for new firms to enter the industry, the lower the firm's profitability.
3. Power of suppliers : the more powerful suppliers, the lower the firm's profitability
4. Power of customers : the more powerful customers, the lower the firm's profitability
5. Threat of substitute products : the more the threat of substitute products, the lower the firm's profitability
Help find Robert! South Carolina people help me find Robert! thank you!
Answer:
Why do you keep on putting this out?
Explanation:
Mario owns a store that sells skateboard equipment. Mario understands that people are most likely to notice his headline text in a text ad.What should Mario include in his headline
What written document gives public notice that a mortgaged property may soon have a judgment issued against it
Answer: lis pendens
Explanation:
Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of a book d. a rock concert held in a small auditorium
Answer:
b. a radio broadcast
Explanation:
The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all
Therefore as per the given options, the option b is correct
hence, the other options are incorrect
what are the similarities and dissimilarities between traditional and improved oven?.
Answer:
The similarities and dissimilarities between traditional and improved oven is described below in details.
Explanation:
Both varieties of ovens look identical, and both can be gas or electrical. The distinction between them is that the origin of heat under a conventional oven is fixed and rises up from the ground. The heat from a convection furnace is travel by blowers, so the air travels all over the interior of the oven.
In a convection oven, the hotness is scattered equally all nearby the meal. Expert meal makers like convection furnaces because they not only prepare meals precisely, but they prepare them as much as 26 percent quicker than a conventional oven.
2. Which statement about the factors of production is correct?
A) A river from which a company draws water is called land.
B) Raising finance for a company is called capital.
C) Supervisors employed in a company are called enterprise.
D) The owner of a company is called labour,
Answer:
A) A river from which a company draws water is called land.
Explanation:
There are mainly 4 Factors of Production and these are:
1. Labor
2. Land
3. Capital
4. Entrepreneurship
Labor doesn't refer to the owner of the company. It refers to the work that is being done in order to finish a particular project or work. This makes choice D incorrect.An enterprise refers to the entire company or business. It doesn't limit itself to the supervisors involved. This makes choice C incorrect.Capital in the form of money is not a factor of production. Raising finance for a company means raising money. An example of capital as a factor of production is purchasing an equipment for commercial/business purposes. This makes choice B incorrect.When it comes to "land" as a factor of production, it refers to the natural resources, which means it includes not only the forests, mountains and the like but also the oceans, rivers, lakes, etc. as long as it is being used in the production process. This makes choice A correct.A. Avoid extra payroll expenses.
B. Get the best rates on advertising.
C. Change the product you provide.
D. Use resources wisely.
E. Beat the competition.
F. Get the best rates on supplier purchases.
G. Eliminate some free services,
H. Increase worker efficiency,
1. A shop that sells fine glassware offers gift wrapping at no extra cost.
Rationale:
Answer:
A. Avoid extra payroll expenses.Explanation:
i hope it helps :)
An expense is referred to as the outflow of the cash or the assets of the company or the firm. Basically, an expense is incurred when the company faces a shortage of assets or the company owns any of the liability.
The correct option is A. Avoid extra payroll expenses.
A shop that sells fine glassware offers gift wrapping at no extra cost avoids the payroll expenses. Payroll expenses are the expenses that are termed as the expenses that are regarding the wages and the compensation of the holidays and the sick pay. These all expenses are accrued at the closing dates.
To know more about the payroll expenses, refer to the link below:
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Buyer Bill has agreed to pay for a computer system after all hardware has been installed and operational. What type of contract does Bill hold
Answer:
"Executory" is the right solution.
Explanation:
An executory contract would be a contract concluded by individuals involved, these same phrases among which are always to be accomplished at that same future stage. This same agreement states that when both parties always have responsibilities to fulfill before they could be finalized, which are often in a position in between the debt collector or bondholder and maybe the other individual.18. In the current year, Marc, a single taxpayer, has ordinary income of $35,000. In addition, he has $3,000 in short-term capital gains (STCG), short-term capital losses (STCL) of $6,000, and long-term capital gains (LTCG) of $4,000. What is Marc's adjusted gross income (AGI) for the current year
Answer:
$36,000
Explanation:
The computation of the adjusted gross income for the present year is as follows:
= Ordinary income + short term capital gain - short term capital loss + long term capital gain
= $35,000 + $3,000 - $6,000 + $4,000
= $36,000
Hence, the adjusted gross income for the present year is $36,000
The same is relevant
New Ventures Enterprises Inc. Is considering a proposal to invest 600,000 in new Cell Telephone Product. Production equipment which will be depreciated on a straight-line basis with a 6-year life, and no salvage value. The projected
Answer:
Note: The full question is attached as picture below
New Ventures Enterprises Inc.
Income Statement
Sales $565,000
Cost of goods sold
Variable manufacturing cost $100,000
Direct labor cost $150,000
Fixed manufacturing cost $52,500
Total cost of goods sold $302,500
Gross Profit $262,500
Operating Expenses
Selling and administrative $74,000
Operating profit $188,500
Income tax expenses at 15% $28,275
Net Income $160,225
This management theory assumes there is no one best way to manage?
The contingency approach to management is based on the idea that there is no single best way to manage. Contingency refers to the immediate contingent circumstances. Effective organizations must tailor their planning, organizing, leading, and controlling to their particular circumstances.
Check #628 for $98 was not recorded in the ledger. On a bank reconciliation, this would be shown as a(n)
A. decrease in the bank account balance
B. increase in the ledger cash account balance (book balance)
C.increase in the bank account balance
D. decrease in the ledger cash account balance (book balance)
Answer:
D. decrease in the ledger cash account balance (book balance)
Explanation:
The check was written and issued but was not recorded in the ledger. The check is appearing in the bank statements but not in the book balance. It means the bank has already factored and adjusted the amount in the customer statements.
The customer needs to adjust their books to reflect the check amount. The amount should decrease the balance in the customer books balance.
Every business is unique — including yours! Based on the goals described below, choose the campaign type that could best help you achieve those objectives.
Answer: Social media campaign
Explanation:
For a business whose objective is trading of a mechanical product called a pump, one of the best way to promote the business to reach goals is through social media campaign. Social media campaign is the use of social media platforms to promote a brand or business with it's services and amazing contents that would make the target market buy the goods.
As of year-end, June Company had three different inventory items in its ending inventory. June had 10 units of each item on hand. The unit cost, replacement cost, expected selling price, estimated disposal and completion costs, and normal gross profit as a percentage of expected selling price follow: Item A: $10, $9, $20, $2, 50% Item B: $30, $32, $50, $4, 30% Item C: $50, $48, $90, $0, 40% June uses a LIFO costing method. By what amount will June write-down its inventory?
Answer:
$10
Explanation:
unit cost, replacement cost, expected selling price, estimated disposal and completion costs, and normal gross profit as a percentage of expected selling price follow
Item A: $10, $9, $20, $2, 50%
Item B: $30, $32, $50, $4, 30%
Item C: $50, $48, $90, $0, 40%
I used an excel spreadsheet to calculate the value of ending inventory using the lower of cost or market value. The ending inventory = $890, while the purchase cost = $100 + $300 + $500 = $900
the inventory should be written down by $10
Nepal is secular country
Answer:
Nepal is a secular state - True.
Hey MCU fans, 30 pts to the first person who can answer this question! What was Loki's last words TO THOR before he died? Just thought this would be fun :)