Answer:
A. True
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management are considered universal across most businesses and professions.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
Real income is:___________ a) Nominal income adjusted for inflation. b) The amount of money income received in a given time period, measured in current dollars. c) The use of nominal dollars to gauge changes in income. d) None of the other choices.
Answer:
A. Nominal income adjusted for inflation.
Explanation:
Real income is simply the amount usually in monetary terms a person, enterprise or others makes after accounting for inflation. It is also called real wage that is an individual's income.
Real income are also defined as Income that is adjusted to inflation.
Nominal income are defined as income not adjusted to inflation.
An expense resulting from failing to take advantage of cash discounts when using the net method of recording purchases is called: Discounts earned. Purchases discounts. Discounts lost. Sales refund payable. Sales discounts.
The account that an expense is recorded in when a cash discount is not taken advantage of is known as Discounts lost.
What is the Discounts lost account?It is an account found in the general ledger that shows the amount that a company lost when it failed to pay within a certain period that would have allowed it to take advantage of discounts offered.
As it is an expense account, its normal balance will be a debit and will increase when discounts are lost.
In conclusion, option C is correct.
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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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Explain the definition of Human Resources Management
Answer:
Human resource management (HRM or HR) is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer's strategic objectives. Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. HR departments are responsible for overseeing employee-benefits design, employee recruitment, training and development, performance appraisal, and reward management, such as managing pay and Employee benefits benefit systems. HR also concerns itself with organizational change and industrial relations, or the balancing of organizational practices with requirements arising from collective bargaining and
Explanation:
The Oppoturnity to employ Workers and to make sure their comfortable
Which kind of stores offers a wide selection in a few product categories and
provides the service of product knowledge?
A. Convenience stores
B. Specialty stores
C. Supermarkets
D. Department stores
Answer:
B. Specialty stores.
Explanation:
Specialty stores are those retail stores that have a wide selection of products but few categories. They also focus on a target product instead of having a large collection of different products.
These days, specialty stores are flourishing due to their focused product line and the product knowledge service they provide to shoppers. The shops offer just a narrow product line but with more products of the same category, enabling the customers to have a wide range of products to select from. Added to that, the service of helping them know and learn about the products gives the shopping experience a knowledgeable one.
Thus, the correct answer is option B.
Answer:
B.) Speciality Stores
Explanation
specialty retail store is a retail store that focuses on specific product categories, as opposed to retailers who sell a large number of consumer goods categories. When you think of specialty retail, think of a specialized yoga-wear store like Lululemon rather than the big-box, everything-in-one store, Walmart.
An employee who fails to comply with the processes and procedures describing how to complete a task is violating what?apex accounting fundamental
An employee who fails to comply with the processes and procedures describing how to complete a task is violating monitoring.
What does monitoring accomplish?Monitoring makes it possible to record outcomes, procedures, and experiences for use as a foundation in decision-making and educational endeavors. Monitoring is the process of comparing results to goals. Evaluation is done using the data collected through monitoring.
What three categories of monitoring exist?Technical, functional, and business process monitoring are the three fundamental subcategories of monitoring.
What is the best way to define monitor?(1) a screen-equipped electronic device used to display content (such as television images or computer information); (2) a tool for monitoring a biological process.
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Exercise 11-11 Capitalizing interest (LO 11-2) Kobe Company began constructing a building for its own use in February 20X1. During 20X1, Kobe incurred interest of $70,000 on specific construction debt and $15,000 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was $60,000. Required: 1a. What amount of interest should Kobe capitalize? 1b. Prepare the journal entry to record payment of the interest. 2. If interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was instead $90,000, what amount of interest should Kobe capitalize?
Free Corporation acquired machinery at a cost of $1,250,000 on January 1, 2018. Free Corporation adopted the double-declining balance method. They determined that the estimated useful life was ten years, with no residual value. At the beginning of 2021, a decision was made to change to the straight-line method of depreciation for the machinery. The depreciation expense for 2021 would be
Answer:
$91,429
Explanation:
Depreciation using the double-declining balance method is calculated as follows :
Depreciation expense = 2 x SLDP X BVSLDP
where,
SLDP = 100 ÷ useful life
= 100 ÷ 10
= 10%
therefore,
2018
Depreciation expense = 2 x 10% x $1,250,000 = $250,000
2019
Depreciation expense = 2 x 10% x ($1,250,000 - $250,000) = $200,000
2020
Depreciation expense = 2 x 10% x ($1,250,000 - $250,000 - $200,000 = $160,000
2021
Step 1 : New Depreciable Amount calculation
New Depreciable Amount = Cost - Accumulated depreciation to date
where,
Accumulated depreciation = total depreciation to date
= $250,000 + $200,000 + $160,000
= $610, 000
therefore
New Depreciable Amount = $1,250,000 - $610, 000
= $640,000
Step 2 : New useful life calculation
New useful life = 10 - 3 = 7
Step 3 : Depreciation expense
Depreciation expense = New Depreciable Amount ÷ Estimated useful life
= $640,000 ÷ 7
= $91,429
The depreciation expense for 2021 would be $91,429
Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?
If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.
Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.
This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.
After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.
The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public
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Calculate the real dollar rate of return on a 10,000 pound sterling deposit in a London bank in a year when the interest rate on pounds is 6 percent, the dollar/pound exchange rate moves from $1.31 per pound to $1.65 per pound, and the dollar prices increase by 9 percent. The real rate of return will be nothing percent (Enter your response as a percentage rounded to one decimal place.)
Answer:
The real rate of return is 23.0%.
Explanation:
This can be calculated as follows:
Gain due to dollar depreciation = (1.65 - 1.31) / 1.31 = 0.260, or 26.0%
Inflation rate = Increase in dollar price = 9%
Real rate of return = (Gain due to dollar depreciation + Interest rate on pounds) - Inflation rate = (26.0% + 6%) - 9% = 23.0%
Therefore, the real rate of return is 23.0%.
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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People working in teams are more effective in part due to _____________________, which is the enhancement to performance that comes simply from working with other people instead of by oneself.
a. communication
b. equity
c. emotional intelligence
d. social facilitation
List three components of risk for a business
Answer: Three components of risk for a business are values, hazard, probability
Explanation: Each of these components is assessed independently. Then, the three outputs are evaluated in a final step that provides the relative risk for the fire. Each risk component is defined by three variables. One variable is located on the right and one on the left side of the box and the third variable is defined by three interior lines extending from top to bottom.
valuesValues are those ecological, social, and economic resources that could be lost or damaged because of a fire.
hazardsThe hazard in wildland fire is composed of the following:
Conditions under which the fire occurs and exists
The ability of the fire to spread and circulateThe intensity and severity of the fire may presentThe spatial extent of the fire.probabilityprobability refers to the likelihood of a fire becoming an active event with the potential to adversely affect values.
The difference between the lower class limits of adjacent classes provides?
Answer:
C
Explanation:
The following information was obtained from Galena Company’s comparative balance sheets. Assume that Galena Company’s 2016 income statement showed depreciation expense of $8,000, a gain on sale of investments of $9,000, and net income of $45,000. Calculate the net cash flow from operating activities using the indirect method.
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,000 $9,000
Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,000 $35,000
Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $55,000 $49,000
Prepaid rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,000 $8,000
Long-term investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,000 $34,000
Plant assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $150,000 $106,000
Accumulated depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40,000 $32,000
Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $24,000 $20,000
Income tax payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,000 $6,000
Common stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $121,000 $92,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $106,000 $91,000
The following information was obtained from Galena Company’s comparative balance sheets. Assume that Galena Company’s 2016 income statement showed depreciation expense of $8,000, a gain on sale of investments of $9,000, and net income of $45,000. Calculate the net cash flow from operating activities using the indirect method.
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,000 $9,000
Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,000 $35,000
Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $55,000 $49,000
Prepaid rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,000 $8,000
Long-term investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,000 $34,000
Plant assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $150,000 $106,000
Accumulated depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40,000 $32,000
Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $24,000 $20,000
Income tax payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,000 $6,000
Common stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $121,000 $92,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $106,000 $91,000The following information was obtained from Galena Company’s comparative balance sheets. Assume that Galena Company’s 2016 income statement showed depreciation expense of $8,000, a gain on sale of investments of $9,000, and net income of $45,000. Calculate the net cash flow from operating activities using the indirect method.
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,000 $9,000
Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,000 $35,000
Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $55,000 $49,000
Prepaid rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,000 $8,000
Long-term investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,000 $34,000
Plant assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $150,000 $106,000
Accumulated depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40,000 $32,000
Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $24,000 $20,000
Income tax payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,000 $6,000
Common stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $121,000 $92,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $106,000 $91,000The following information was obtained from Galena Company’s comparative balance sheets. Assume that Galena Company’s 2016 income statement showed depreciation expense of $8,000, a gain on sale of investments of $9,000, and net income of $45,000. Calculate the net cash flow from operating activities using the indirect method.
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,000 $9,000
Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,000 $35,000
Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $55,000 $49,000
Prepaid rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,000 $8,000
Long-term investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,000 $34,000
Plant assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $150,000 $106,000
Accumulated depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40,000 $32,000
Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $24,000 $20,000
Income tax payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,000 $6,000
Common stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $121,000 $92,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $106,000 $91,000
please mark me as brainliest........,.....
From the following situation operating activity has been calculated as follows:
Cash Flow Statement from Indirect Method
Particular Amount
Net profit before tax $45,000
Items to be added:
Depreciation $8000
Increase in provision for doubtful debts $8000 $16,000
Items to be deducted:
Gain on sale of investment $ (9000) $(9,000)
Profit from Operating activity $52,000
What is operating activity?Operating activities are all the things a company does to bring its products and services to market on an ongoing basis.
Non-operating activities are one-time events that may affect revenues, expenses or cash flow but fall outside of the company's routine, core business.
So, from the above solution answer of the operating activity is $52,000.
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Feed the Hungry Children, a (fictitious) not-for-profit tax-exempt entity under IRC Sec. 501(c)3, has been in operation for six years. The mission of the group is to provide healthy breakfast meals to children in inner city schools, so they can best learn. A wealthy local philanthropist has been meeting with the organization hoping to change the direction of the organization in return for a $1,000,000 permanent endowment donated to the group. While these negotiations were taking place this year, the organization suspended its normal operations. The draft of the Form 990 for this fiscal year shows 0 revenues and 0 expenses for this fiscal year and penciled in is a $1,000,000 gift from the philanthropist. The treasurer of the Board is drafting the Schedule A for the Form 990 in preparation for reporting to the Board whether the organization's status has changed form a public charity to a private foundation. Go to the www.irs.gov website and obtain Form 990, Schedule A. In your own words, construct an argument to support why this tax-exempt entity is still a public charity.
Despite the suspension of normal operations and the potential $1,000,000 gift from a wealthy local philanthropist, there is still an argument to support that Feed the Hungry Children, the not-for-profit tax-exempt entity, remains a public charity.
1. Review the requirements for a public charity: According to IRC Sec. 501(c)3, a public charity must receive a substantial part of its support from public contributions and grants and be organized and operated for charitable purposes.
2. Examine the mission and purpose: Feed the Hungry Children's mission is to provide healthy breakfast meals to children in inner city schools, with the aim of helping them learn better. This aligns with a charitable purpose focused on improving the well-being of children and promoting education.
3. Consider the organization's history: Feed the Hungry Children has been in operation for six years, consistently providing healthy breakfast meals to children in need. Its long-standing commitment to charitable activities demonstrates a track record of serving the public interest.
4. Evaluate the potential gift: The $1,000,000 gift from the local philanthropist, although substantial, does not automatically change the organization's status from a public charity to a private foundation. The organization's eligibility is determined by its overall sources of support, not a single donation. If the gift does not significantly alter the public support test, Feed the Hungry Children can still maintain its public charity status.
5. Analyze the Form 990, Schedule A: The treasurer of the Board is preparing the Schedule A for the Form 990, which provides information about the organization's public support and support schedule. By reviewing this form, it will be possible to determine whether the organization's public charity status has changed or if it still meets the required criteria.
6. Document the argument: Compile the findings from the review, emphasizing the organization's charitable purpose, its history of serving the public, and the evaluation of the potential gift's impact on public support. Present these points in a well-structured and persuasive argument to support the conclusion that Feed the Hungry Children remains a public charity.
It is important to consult with legal or tax professionals for accurate and specific advice in interpreting tax laws and regulations related to the organization's status.
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Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university, Sandy accumulated $10,000 in student loans. She asks for your help in determining the amount of the quarterly loan payment. She tells you that the loan must be paid back in five years and that the annual interest rate is 8%. Payments begin in three months.
Required:
Determine Sandy's quarterly loan payment.
Answer: $611.57 or $612 rounded to nearest dollar.
Explanation:
She would have to make a constant payment per quarter which makes it an annuity.
The $10,000 is the present value of the annuity.
The quarters remaining are = 5 years * 4 = 20 quarters
Quarterly interest = 8%/4 = 2%
10,000 = Annuity * Present Value of Annuity factor, 20 periods, 2%
10,000 = Annuity * 16.3514
Annuity = 10,000/16.3514
= $611.57
A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are _____. securitizing securitizing collateralizing a loan collateralizing a loan creating a derivative creating a derivative offsetting negative risk
A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are a derivative offsetting negative risk. The correct option is D.
What are over-the-counter financial instruments?OTC securities are those that are not listed on a national securities exchange. The majority of these securities are traded on Alternative Trading Systems (ATSs), which are quotation mediums that may include electronic interdealer quotation systems that show quotes from broker-dealers for many OTC securities.
In over-the-counter markets, trading is done electronically rather than in a physical location. An auction market system is very dissimilar from this. Dealers serve as market makers in OTC markets by quoting prices at which they will buy and sell securities, currencies, or other financial products.
Thus, the ideal selection is option D.
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Dane Company budgets total overhead cost of $7,200,000. The company allocates overhead cost based on 100,000 budgeted direct labor hours. The single plantwide overhead rate is:
The single plantwide overhead rate is:$72 per direct labor hour.
Single plantwide overhead rateUsing this formula
Single plantwide overhead rate= Budgeted total overhead cost/Budgeted direct labor hours
Where:
Budgeted total overhead cost=$7,200,000
Budgeted direct labor hours=100,000
Let plug in the formula=$7,200,000/100,000
Single plantwide overhead rate=$72 per direct labor hour
Inconclusion the single plantwide overhead rate is:$72 per direct labor hour.
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What is one step in identifying the main idea of a text?
Group of answer choices
Determine what the text says about the topic
Go to the glossary and find words related to the topic
Look for the lesson the author wants the reader to learn
Use context clues to understand the meaning of new words
Answer:
i believe the first option " determine what the text says about the topic" might be the correct answer
Answer: the answer is c
Explanation:
I am way too late but i took the same test
According to the creditor hierarchy, list the following from high risk to low risk
1 Ordinary share capital 2 Preference share capital 3 Trade payables 4 Bank loan with fixed and floating charges A 1,2,3,4 B 2,1,4,3 C 1,2,4,3 D 4,1,2,3 2.
The correct order from high risk to low risk is: D) 4, 1, 2, 3 where trade payables are the lowest-risk creditors, followed by ordinary share capital, preference share capital, and bank loans with fixed and floating charges being the highest-risk creditors.
Bank loans are a common form of debt financing provided by financial institutions such as banks to individuals and businesses.
The terms and conditions of bank loans can vary depending on the lender and the borrower's creditworthiness, but typically include an interest rate, repayment schedule, and collateral or security requirements.
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A Personal Outcomes approach changes ______ and _______
A Personal Outcomes approach changes the focus and power dynamic in service delivery.
Answer:record keeping , planning
Explanation:
Budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called: A) Production budgets. B) Sales budgets. C) Cash budgets. D) Rolling budgets. E) Capital expenditures budgets.
When a budget is revised by adding a new quarterly budget to replace a previous one, this is a D. Rolling budget.
What is a rolling budget?This is a type of budget that is considered continuous and perpetual because it captures the needs of the company over a longer period.
For instance, a rolling budget might be for a year but divided into 4 parts for each quarter such that as each quarter comes along, the company will simply start using the next quarterly budget.
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Following is relevant information for Snowdon Sandwich Shop, a small business that serves sandwiches:
Total fixed cost per month $1,080.00
Variable cost per sandwich 0.75
Sales price per sandwich 5.25
During the month of June, Snowdon sold 560 sandwiches. Complete the contribution margin income statement for the month of June. (Round your final answers to the nearest whole dollar.)
SNOWDON SANDWICH SHOP CONTRIBUTION MARGIN INCOME STATEMENT
MONTH OF JUNE
Contribution Margin
Net Operating Income
Jennings Co. has total assets of $433.0 million. Its total liabilities are $114.5 million. Its equity is $318 million. Calculate the debt ratio. (Round your answer to 1 decimal place.)
Answer: 26.4%
Explanation:
The debt ratio is used to show how much of the company's assets is funded by debt.
It is calculated by the formula:
= Total liabilities / Total assets
= 114.5 / 433.0
= 0.2644
= 26.4%
Ignoring commission, 250 shares of Kim's Kandies (KKS) were purchased for $10,850 at the close for the week. Calculate the close price for the week. Then find the quarterly dividend payment per share if the annual amount paid was $29.60.
To calculate the closing price for the week, we need to divide the total share price by the number of shares purchased:
Closing price for the week = total cost / number of shares
Closing price for the week = $10,850 / 250
Closing price for the week = $43.40 per share
To find the quarterly dividend payout per share, we divide the annual dividend payout by the number of quarters in the year:
Quarterly dividend payout per share = Annual dividend payout / Number of quarters
Quarterly dividend payout per share = $29.60 / 4
Quarterly dividend payout per share = $7.40 per share
Therefore, the closing price for the week is $43.40 per share and the quarterly dividend payment per share is $7.40.
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look at the figure. suppose that this economy is in equilibrium at e2. if there is a decrease in government purchases, will shift to the , causing a(n) in the price level and a(n) in real gdp.
AD2 will shift to the right, causing an increase in the price level and an increase in real GDP.
Government purchases include any spending by federal, state, and nearby agencies, with the exception of debt and transfer payments like Social Security.
Overall, government purchases are a key component of a country's GDP (Gross domestic product).
According to the Keynesian theory of economics, government purchases are an instrument to support overall spending and correct a weak economy.
The U.S. Bureau of Economic Analysis (BEA) has a number of sub-categories. For instance, it breaks down government purchases into federal, state, and neighborhood spending and additionally differentiates defense-related federal spending from any remaining spending. The absolute for imported goods is subtracted from the last Gross domestic product complete.
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Match each concept to its definition.
Tiles
cohort analysis
VALS
concept testing
posttesting
Pairs
quality check before product development
arrowBoth
marketers use psychographic data to categorize consumers
arrowBoth
analysis based on consumers’ generation
arrowBoth
evaluation of recall and recognition of an advertisement
The concept with its definition:
Tiles: Quality check before product developmentCohort analysis: Both evaluation of recall and recognition of an advertisementVALS: Both marketers use psychographic data to categorize consumersConcept testing: Both analysis based on consumers' generationPosttesting: Evaluation of recall and recognition of an advertisementTiles: A concept in marketing that refers to the small, square ceramic or stone pieces used for covering surfaces such as floors and walls. It is commonly used in interior design and construction projects to create visually appealing and durable surfaces.
Cohort analysis: A statistical technique used in marketing and analytics to group individuals into specific segments or cohorts based on shared characteristics or behaviors.
VALS: An acronym for Values and Lifestyles, VALS is a psychographic segmentation tool used in marketing research to categorize consumers based on their values, motivations, and lifestyles.
Concept testing: A research method used in marketing to assess the viability and potential success of a new product or idea before it is launched.
Posttesting: The evaluation of an advertisement or marketing campaign after it has been launched to assess its effectiveness and impact on the target audience.
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True Flight Golf manufacturers a popular shaft for golf clubs. Its trade secret is a unique process for weaving
high-tension wire into the center of the shaft such that energy is accumulated during the swing and released
at impact. A specialized machine costing $3,000,000 is utilized in the manufacturing process. The machine has
a 3-year life and no salvage value. True Flight uses straight-line depreciation. During the year, 25,000 shafts
were produced, and the company was operating at full capacity. $700,000 of wire was used during the year.
(b) For the two noted cost items, how much was total variable cost and total fixed cost?
(c) For the two noted cost items, how much was variable cost per unit and how much was fixed cost
per unit?
(d) Repeat requirements (b) and (c), assuming production was only 20,000 units (and wire usage was
reduced proportionately).
(e) For the following year, if the company acquired an additional machine to enable production of
40,000 total units, what would happen to the expected total and per unit variable and fixed cost?
(f) If the company experiences significant growth, and finds it necessary to continue to add additional
machines, how would the machine cost be characterized (hint: fixed, variable, or something else)?
In theory, at what production level(s) would per unit cost be minimized?
Explanation:
raj started business with Cash
classify technical education with example?
Answer:
A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.
A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.