A product, sales territory, department, or activity to which costs are traced is called a?
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A product, sales territory, department, or activity to which costs are traced is called a cost object.
A cost object is anything for which costs are accumulated or assigned to determine the total cost incurred. It can be a physical item, such as a specific product or inventory item, or a broader concept, such as a sales territory, department within a company, or a specific business activity.
Cost objects are used in cost accounting to track and allocate costs for various purposes, such as determining product profitability, evaluating the performance of sales territories or departments, and making informed decisions regarding resource allocation. By assigning costs to specific cost objects, companies can better understand the cost structure of their operations and make more accurate financial assessments and strategic decisions based on this information.
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Related Questions
In two to four sentences, describe why compound interest earns more money than simple interest.
Answers
The compound interest earns more money than simple interest because earn based on the principal plus the interest.
When you borrow money, you must pay the lender interest. A bank will also pay you interest if you deposit money in a savings account or certificate of deposit. Typically, the interest rate is expressed as a percentage, like 4%.
Compound interest:
\(A = P(1+\frac{r}{n} )^t\)
Simple interest:
I = P x r x t
Simple interest simply increases dependent on the principle, which is the cash you deposit or invest. Compound interest is interest that is calculated using both the principal and any prior interest.
Understanding these concepts may help you better comprehend how much money you make or spend when you repay a loan over time, as well as how much you earn when you keep savings or assets in place over time.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answers
Answer:
Buying an expensive piece of machinery
Explanation:
Surveys should be worded so that participants will?
Answers
Surveys should have a word organization such that participants can:
respond accurately to each question within a few secondsread each question in 10 to 20 secondsHow should surveys be worded?Surveys should be worded such that the participant understands what is being asked of them and so respond accurately.
The questions should also be brief and concise to allow for them to be read in 10 to 20 seconds.
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Duties, taxes, or customs imposed by the host country for imported or exported goods, are known as Tariffs. A) True B)
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The statement "Duties, taxes, or customs imposed by the host country for imported or exported goods, are known as Tariffs" is True because tariffs are taxes imposed on imported goods and services by a country's government to make imported goods more expensive. The correct answer is Option A.
Tariffs are taxes or duties imposed by the host country for imported or exported goods. Tariffs are used as a form of trade protectionism to make imported goods more expensive and less attractive to consumers in the host country. Tariffs, in short, are taxes imposed on imported goods and services by a country's government. These taxes are primarily intended to make imported goods more expensive, which would result in reduced imports.
Tariffs are also used to limit foreign competition and safeguard local industries, with the government imposing a higher tax on the foreign goods than on locally made goods. Importers would be required to pay the additional amount when bringing goods into the country to account for the tariff. This, in effect, makes the cost of the foreign goods higher, reducing demand for those goods and providing a competitive advantage for domestic producers.
Tariffs are used by governments to restrict trade in a variety of ways, including protecting domestic industries from foreign competition, raising government revenue, and changing the balance of trade between nations. Tariffs have the potential to be a significant revenue source for governments, as they are a simple and efficient way to generate revenue.
Tariffs, in some cases, can be seen as a means of promoting free trade. However, this is not always the case, and tariffs can be used to restrict free trade in order to support domestic industries. Tariffs are taxes on goods and services that are imported into a country. They are also known as customs duties or import duties.
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Pyschographic segmentation involves grouping people based on where they live.
Answers
Answer:
False
Explanation:
Psychographic segmentation involves classifying people by preferred activities, interests, opinions, social class, personality, and lifestyle. Psychographic segmentation categorizes customers based on internal characteristics. Psychographic segmentation requires marketers to consider what customers value in life, why they behave in specific ways, and the things they consider valuable.
Geographic segmentation is the strategy marketers use when you serve customers in the same area.
The dependence of America on gasoline and diesel-powered vehicles has had both negative and positive effects. A positive effect has been the ability to distribute goods to areas where they are not manufactured. A negative effect has been the proliferation of illegal used tire dumping. This is an example of a(n):
Answers
Answer:
Unanticipated effect.
Explanation:
The concept of unanticipated effect can be defined as those consequences that are unitended or unanticipated in affect of certain actions taken by people-or government. The term was coined by Robert K. Merton.
When the government make certain decisions, they may produce certain consequences or effects that were not intended or intentional.
In the given case, the dependence of America on gasoline and diesel-powered vehicles have both negative and positive effects. These effects are not intended but are produced as a consequence of the actions of the government.
Thus the correct answer is unanticipated effect.
a goal programming problem had two goals (with no priorities assigned). goal number 1 was to achieve a profit of $2,400 and goal number 2 was to have no idle time for workers in the factory. the optimal solution to this problem resulted in a profit of $2,300 and no idle time. what was the value for the objective function for this goal programming problem? group of answer choices 100 0 -100 2300
Answers
For this multiobjective optimization problem, the objective function value is 100.
What is profit and example?Profits is a term used to describe the financial benefit a business experiences when revenue surpasses expenses and costs. For instance, a child pays a quarter at a lemonade stand for one glass of lemonade. That beverage is then purchased for $2. That cup of lemonade brought in $1.75 in profit for her.
Briefing:Since there were two goals in the goal programming problem. The factory's first goal was to make $2,400 in profit, and its second was to ensure that no workers were idle. The best solution to this issue generated a $2,300 profit with no downtime.
Due to the lack of idle time as a result of the ideal solution, this indicates that aim number 2 was accomplished. Goal No. 1 was not, however, accomplished because the solution yielded a profit of $2300 rather than $2400.
Consequently, the objective function's value in this goal programming issue is = 2400 - 2300 = 100
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A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is a:
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The name which is given to a group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:
CartelAccording to the given question, we are asked to show the term which can be best used to describe a group of sellers who make an agreement to reduce their collective output so that price of goods would increase above their marginal costs.
As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.
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If $1500 is deposited at the end of each quarter in an account that earns 5% compounded quarterly, after how many quarters will the account contain $70,000? (Round your answer UP to the nearest quarter.) quarters Need Help? Read It
Answers
The question can be solved by finding the number of quarters required for the account to contain $70,000 if $1,500 is deposited at the end of each quarter and the interest rate is 5% compounded quarterly.
The formula to calculate the future value of an annuity is shown below:
Future value of annuity = R x [(1 + r)n - 1] / r
Where, R = amount deposited at the end of each time period
r = rate of interest per time period
n = number of time periods
The above formula can be modified as follows:
70,000 = 1,500 x [(1 + 0.05/4)n - 1] / (0.05/4)
We need to find n.
Quarterly interest rate, r = 5/4 = 0.0125
Substituting these values in the above equation, we get:
70,000 = 1,500 x [(1 + 0.0125)n - 1] / 0.0125
Multiplying both sides by 0.0125, we get:
875 = 1,500 x [(1 + 0.0125)n - 1]
Taking antilogarithm (to the base 1.0125) on both sides, we get:
(1 + 0.0125)n = 1 + 875 / 1,50
0n ln(1.0125) = ln(1.58 / 3) = -0.3694n = -0.3694 / ln(1.0125) = 45.515
Hence, after 45.515 quarters, the account will contain $70,000.
Rounding this up to the nearest quarter, the account will contain $70,000 after 46 quarters or 11.5 years.
As the formula and the calculations have been explained, the answer has been obtained.
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If an employee of a broker-dealer wants to open a brokerage account at another member firm, the employee's obligation is to:_________
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If an employee of a broker-dealer wants to open a brokerage account at another member firm, the employee's obligation is to: Obtain her employing firm's prior written consent and provide written notification to the executing firm
Broker-dealer employees must have their company's prior written approval before opening any outside accounts for the purpose of carrying out securities transactions.
The workers must also notify the executing firm in writing of their affiliation with another member firm before an outside account is created. However, it is not necessary to have their employer's firm's consent for each order.
A newly employed employee must acquire written permission from his employing company within 30 days of starting his work if he wishes to keep an account that he had opened previous to being linked with a broker-dealer.
What is Broker-DealerIn the financial services sector, a broker-dealer is a person, business, or other organization that trades securities for its own account or on behalf of its clients. Broker-dealers play a key role in the trading of derivatives and securities.
However, many other broker-dealers are divisions or subsidiaries of commercial banks, investment banks, or investment firms. Many broker-dealers are "independent" companies that simply offer broker-dealer services.
When a company executes trading orders on a client's behalf, it is said to be acting as a broker. When an institution transacts on its own behalf, it is referred to as acting as a dealer.
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On december 27, 2022 , abc, inc receives a $5,000 deposit by a customer for some remodeling that is scheduled to be started on december 29, 2022 and completed on january 3, 2023. The company president tells the accountant to go ahead and book the $5,000 as revenue since the completion of the project will only take a few days. What is the ethical dilemma involved?.
Answers
There is an ethical dilemma of failure to complete the project by the deadline might result in financial hardship for the firm.
A situation where one or more of the available alternatives compels the agent to go against or compromise their ethical action standards is known as an ethical dilemma. A moral or ethical dilemma is a predicament in which you must make a choice, decide what to do, take a certain action, or find a resolution to an issue that may be unpleasant. Ethical dilemma can also be a predicament in which you are completely unsure of what action to do. Four distinct ethical dilemma models exist: justice vs. mercy, individual vs. community, truth vs. loyalty, and short-term vs. long-term. The many forms of responsibilities that are at odds with one another actions can be used to categories ethical issues.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
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When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
Design thinking is based on the needs of the designer.
True
False
Answers
Answer:
True
Explanation:
Read the following descriptions. Decide who demonstrates good habits and attitudes.
Michael likes his job. He decides to take a few finance classes so that he becomes better at his job. This will also help in case he wants to transfer to a new position in the same company.
Bryan thinks he has the best job. He thinks he is already doing the best he can and doesn't do anything to improve his skills.
Answers
Answer:
Michael demonstrates good habits and attitude
Explanation:
Michael likes his job and takes the initiative to do better so he can get a new position,however Bryan is very cocky and doesn't try to get better.
5. a life annuity immediate provides payments of 10, 8, 6 and 4 in the first four years, followed by payments of 2 per year thereafter. you are given: i. ii. iii. iv. v. calculate the actuarial present value of this annuity.
Answers
The actuarial present value of this annuity is $48.16.
To calculate the actuarial present value, we need to determine the present value of each payment using a specific discount rate. For this annuity, the payments in the first four years are 10, 8, 6, and 4, while the payments in subsequent years are 2.
Using a discount rate of 4%, the present value of the first payment is 9.52, the second is 8.64, the third is 7.68, the fourth is 6.64, and the fifth and subsequent payments are 1.92 each. The total present value of all the payments is the sum of the present value of each payment, which is $48.16.
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john deere, inc. introduced a lower-priced line of lawn-tractors called senber while still selling its more expensive tractors under the john deere, inc. brand. this is an example of
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John deere, inc. introduced a lower-priced line of lawn-tractors called senber while still selling its more expensive tractors under the john deere, inc. brand this is an example of a downward line stretch.
A product line could include a variety of product kinds. For instance, imagine Coca-Cola launching a variety of premium soft drinks in various pricing levels. As the business is introducing luxury products, it would be considered expanding the product line.
For a less dramatic example, it is the act of adding a new product to an already existing product line. For instance, a high-end designer clothing line may provide reasonably priced apparel to appeal to people with tight budgets.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
20 POINTS!!!! Please check the picture attached.
Answers
Answer:
6
Explanation:
people who perform task and jobs are part of which factor of production
Answers
Answer:
The factors of production in an economy are its labor, capital, and natural resources. Labor is the human effort that can be applied to the production of goods and services. People who are employed or would like to be are considered part of the labor available to the economy.
Explanation:
The treasurer of a credit union proposes changing the method of compounding interest on premium savings accounts to dally compounding If the cunrent rate is 5 . 7% compounded semi-annually, what nominal rate should the treasurer suggest to the board of directors to maintain the same effective rate of interest? The now neminal rate of interest should be (Round the final answer to four decimal places as needed. Round all intermediate values to slo decimal places at needed )
Answers
The treasurer should suggest a nominal rate of 5.8096% to the board of directors to maintain the same effective rate of interest when compounding is changed to daily compounding.
Currently, the premium savings accounts in the credit union have a compounding period of semi-annually, with an interest rate of 5.7%. The treasurer proposes changing the compounding method to daily compounding while maintaining the same effective rate of interest.
To determine the new nominal rate that would achieve the same effective rate, we need to consider the effect of compounding more frequently. The formula for calculating the effective rate is:
Effective Rate = (1 + (Nominal Rate / Number of Compounding Periods))^Number of Compounding Periods - 1
In this case, the current rate of 5.7% compounded semi-annually means there are two compounding periods in a year. We want to find the nominal rate that, when compounded daily, will result in the same effective rate.
Using the formula, we can solve for the nominal rate:
(1 + (Nominal Rate / 36\(5))^3^6^5\) - 1 = (1 +(5.7% / 2)\()^2\) - 1
Simplifying the equation, we find:
(1 + (Nominal Rate / 365)\()^3^6^5\) = \((1 + 0.057 / 2)^2\)
Taking the 365th root of both sides, we have:
1 + (Nominal Rate / 365) = \((1 + 0.057 / 2)^(^2^/^3^6^5^)\)
Solving for the Nominal Rate, we get:
Nominal Rate / 365 = \(((1 + 0.057 / 2)^(^2^/^3^6^5^) ^- ^1^)\)
Nominal Rate = 365 * \(((1 + 0.057 / 2)^(^2^/^3^6^5^)^- ^1^)\)
Evaluating this expression, we find the suggested nominal rate to be approximately 5.8096% when rounded to four decimal places.
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Tina shopped for office stationery online. She browsed a few music playlists of another website in a separate browser. She had a high-speed Internet connection. So, she could complete the stationery purchase quickly. At the checkout page, she entered her credit card details. She also entered the delivery address. She then checked her mail for any new emails. Which data from the online shopping portal will typically be stored in a data warehouse?
Answers
The Behavior data from the online shopping portal will typically be stored in a data warehouse.
What is Go.gle Analytics?This is known to be a Website that is said to give or provide web analytics service and it is one that tracks and reports website traffic or behavior.
Note therefore, through the use of Go.ogle Analytics, The Behavior data from the online shopping portal will typically be stored in a data warehouse.
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Answer:
1. Credit card details 2. Delivery address
Explanation:
epositors lack of information about the quality of bank assets can lead to A) bank panics. B) bank booms. C) sequencing. D) asset transformation. E) none of the above
Answers
Answer: Your answer is A) bank panics.
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Do you spill the tea or can you keep a secret ?
Answers
Answer:
The phrase "spill the tea," used as an encouragement to gossip, has been used in everything from Harlequin romance novels to "RuPaul's Drag Race"; "no tea, no shade" has been featured in explainers on black gay slang; comedian Larry Wilmore used "weak tea" regularly on his 2015-16 Comedy Central show in response to
The expression "Do you spill the tea or can you keep a secret ?" simply means do you gossip or keep secrets
However, the expression " do you spill the tea describe a condition or situation where one gossip about other people's personal matter.
This goes to say that an individual belongs to any of these two categories:
One who shares people's personal issue with others by gossipingOne who has a closes his/her bucal cavity and does not talk any how. That is; someone who keeps secrets wellWhat is gossiping?This simply means the act of sharing, talking and repeating rumors and personal stories of people to other people
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Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are some common skills needed by Lawyers? Select four options.
installation
active listening
speaking
critical thinking
reading comprehension
equipment maintenance
Answers
The common skills needed by lawyers are active listening, speaking, critical thinking and reading comprehension.
The skills can be noted as -
Active Listening - To completely comprehend their viewpoints and obtain all pertinent facts, attorneys need to listen intently to their clients, witnesses, and other parties involved in a case.Speaking - Lawyers need to be able to communicate clearly both orally and in writing with their clients, juries, judges, and other lawyers.Critical Thinking - Lawyers must be able to evaluate intricate legal issues and create plans for resolving conflicts and attaining their clients' objectives.Reading comprehension - Complex legal papers, court rulings, and other important items must be read and understood by lawyers.Read more about lawyers on:
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After a bank reconciliation has been completed these transactions are listed as ____ to the cash balance? ? need help taking A p e x quiz now!!! don't have time to be chasing a link!
A. Journal entries
B. Credits
C. Adjustments
D. debits
Answers
Answer:
A
Explanation:
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books.
Answer:The answer is C
Explanation:
Just took the test
1. What are the building blocks of a personality?
Select the two that apply.
a. emotional qualities
b. ethnic identity
c. level of education
d. physical characteristics
e. ways of behaving
Answers
The two building blocks of a personality among the options provided are: emotional qualities and ways of behaving. (Option A and E)
What are Building Blocks of a Personality?Personality is a complex and multi-dimensional construct that encompasses a range of characteristics, traits, and behaviors that make an individual unique. The building blocks of a personality refer to the fundamental components that contribute to shaping an individual's distinct character and behavior.
It's important to note that personality is a complex interplay of the building blocks, and there is no single factor that solely determines an individual's personality. Rather, it's the combination and interaction of these components that create a unique and multifaceted personality profile.
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HELPP! In 2011 the United States economy had a GDP of $14,991 billion according to the United Nations. If consumption was $10,729 billion, government spending was $2,594 billion, and net exports was -$568 billion, how much was investment spending?
Answers
The total amount of the investment spending is $2,236 billion.
What is an investment spending?An investment spending means the private domestic investment or capital expenditures.
The formula for Investment spending is I = GDP − C − G − NX.
Investment spending = $14,991 billion - $10,729 billion - $2,594 billion - (-$568 billion)
Investment spending = $14,991 billion - $10,729 billion - $2,594 billion + $568 billion
Investment spending = $2,236 billion.
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W has a health insurance policy with an 80/20 coinsurance, a $1,000 deductible. If in january w goes into the hospital for an overnight stay, the bill coming to $2,000, what will w pay?
Answers
w will pay $1,200
Insurance is an agreement between two or more people in which the insured party pays contributions/contributions/premiums to obtain compensation for the risk of loss, damage, or loss that may occur due to unforeseen events. Insurance cannot eliminate the risk of unexpected events, but insurance can reduce the impact of losses arising from these events, both on a small scale and on a large scale. Now insurance has become part of financial planning for some people for long-term purposes.
Elements in Insurance
Premium. Premiums can be defined as obligations paid by the insured party to the insurer (insurance service provider) as a risk transfer service for the insurance policy. Insurance policy. An insurance policy can be defined as a legal document that forms the legal basis for the relationship between the insured (customer) and the insurer (service provider/insurance company).Claim. A claim can be defined as an official request submitted by a customer to an insurance company to make a payment as a form of compensation for damage or loss under the terms of the insurance policy.You can learn more about Insurance here brainly.com/question/989103
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the legal concept that requires that workers compensation coverage benefits to be accepted by an injured employee as the only recourse the employee has in the settlement of injury claims is called
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The legal concept that requires workers' compensation coverage benefits to be accepted as the only recourse for injured employees in settling injury claims is called the exclusive remedy doctrine.
"Exclusive remedy" is a legal concept in workers' compensation law that limits the liability of an employer in case an employee is injured on the job. It is a doctrine that provides that the benefits paid under workers' compensation insurance are the only remedy available to an employee who is injured while working for an employer.
Under this concept, when an employee accepts workers' compensation benefits from their employer, they waive their right to sue the employer for any additional damages, such as pain and suffering or loss of future income, arising from the injury. In other words, the employee's right to sue the employer is "exclusively" limited to the workers' compensation system, and they cannot file a lawsuit against the employer for additional damages.
The exclusive remedy concept serves as a trade-off between employers and employees. Employers agree to provide workers' compensation insurance to cover workplace injuries, and employees give up the right to sue their employer for additional damages in exchange for receiving these benefits. This helps ensure that workers receive compensation for workplace injuries without having to go through lengthy and costly legal battles.
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