True or False
It is perfectly acceptable to approach the seven-step decision-making model in any order you wish as long as you address each of the seven steps.
Answers
It is perfectly acceptable to approach the seven-step decision-making model in any order you wish as long as you address each of the seven steps. FALSE
The seven-step decision-making model is a structured approach that guides individuals or organizations through a systematic process of making effective decisions.
The steps in the model are designed to be followed in a specific order, and deviating from this order can lead to suboptimal outcomes.
The seven steps in the decision-making model typically include: identifying the problem or opportunity, gathering information, identifying alternatives, evaluating alternatives, selecting the best alternative, implementing the decision, and evaluating the results.
Each step builds upon the previous one, forming a logical sequence that ensures a comprehensive and well-informed decision.
By approaching the steps in a random or haphazard manner, individuals may overlook crucial aspects of the decision-making process.
For example, if the evaluation of alternatives is conducted before gathering sufficient information, the evaluation may be based on incomplete or inaccurate data, leading to flawed decisions.
Similarly, selecting the best alternative before identifying all possible options may result in missed opportunities.
Following the prescribed order of the steps ensures that decisions are based on a thorough analysis of the situation, relevant information is considered, and all available options are explored.
It promotes a systematic and disciplined approach to decision-making, increasing the likelihood of making sound and successful decisions.
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Related Questions
a pension plan is obligated to make disbursements of $2.3 million, $3.3 million, and $2.3 million at the end of each of the next three years, respectively. the annual interest rate is 11%. if the plan wants to fully fund and immunize its position, how much of its portfolio should it allocate to one-year zero-coupon bonds and perpetuities, respectively, if these are the only two assets funding the plan?
Answers
A pension plan needs to make disbursements of $2.3 million, $3.3 million, and $2.3 million over the next three years and aims to fully fund and immunize its position using one-year zero-coupon bonds and perpetuities at an annual interest rate of 11%.
To determine the allocation, first calculate the present value of each disbursement using the formula PV = FV/(1+r)^n, where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years. For the disbursements, the PVs are $2.07 million, $2.69 million, and $1.76 million, respectively, totaling $6.52 million.
Next, allocate funds between zero-coupon bonds and perpetuities. Invest in one-year zero-coupon bonds to cover the first-year disbursement, which requires $2.07 million. The remaining $4.45 million ($6.52 million - $2.07 million) should be allocated to perpetuities.
To find the required annual payment from perpetuities, use the formula Annual Payment = PV of Perpetuity × Interest Rate. In this case, Annual Payment = $4.45 million × 0.11 = $489,500.
In conclusion, the pension plan should allocate $2.07 million to one-year zero-coupon bonds and $4.45 million to perpetuities that provide an annual payment of $489,500 to fully fund and immunize its position.
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Express your opinion regarding how robotic processing automation (RPA) will affect accounting and auditing professionals.
Answers
Robotic process automation refers to the use of software robots or bots to automate repetitive and rule-based tasks within business processes. In the field of accounting and auditing, RPA has the potential to significantly affect professionals in several ways:
Increased efficiency: RPA can automate manual and time-consuming tasks such as data entry, invoice processing, and reconciliation. By eliminating these repetitive tasks, accounting and auditing professionals can focus more on higher-value activities, such as data analysis, financial strategy, and advising clients. This can lead to increased productivity and efficiency within the profession.
Enhanced accuracy: RPA bots are designed to perform tasks with a high degree of accuracy and consistency. By reducing the likelihood of human error in routine processes, RPA can help improve the overall quality and reliability of financial data. This can lead to more accurate financial reporting and auditing, reducing the risk of material misstatements and fraud.
Process standardization: RPA implementation often involves streamlining and standardizing processes to make them more suitable for automation. This can result in the development of best practices and standardized procedures within accounting and auditing functions. By enforcing consistent processes, RPA can contribute to greater compliance with regulations and accounting standards.
Changing skill requirements: As RPA takes over repetitive tasks, the role of accounting and auditing professionals is likely to evolve. There will be a greater demand for professionals with advanced analytical skills, critical thinking abilities, and a deep understanding of financial and business data. Accountants and auditors will need to adapt by acquiring new skills such as data analytics, data interpretation, and strategic decision-making.
Collaboration with technology: Rather than replacing accounting and auditing professionals, RPA is more likely to augment their capabilities. Accountants and auditors will need to develop a collaborative mindset, working alongside RPA systems to leverage the benefits of automation. This could involve overseeing and managing the RPA processes, performing data analysis on the insights provided by automation, and using technology to make more informed financial decisions.
Overall, the impact of RPA on accounting and auditing professionals is expected to be transformative. It will bring changes to the nature of work, skill requirements, and the value that professionals can provide. Adapting to these changes and embracing the opportunities presented by RPA can help accountants and auditors thrive in an increasingly automated world.
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Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
Α.
2030
B.
2040
C.
2045
D
2050
Answers
Answer:
The correct answer is: D. 2050
Explanation:
Answer: 2050
Explanation: Treasury bonds are sold in $1,000 increments and have a 30-year maturity date.
Thus, 2020 + 30 years = 2050
What is the main concern some people have about credit cards and digital payments
Answers
Answer:
here’s the answer
Explanation:
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.
Answers
Answer:
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.
The aging of accounts receivable recognizes that an account is more likely to
become uncollectable as it gets.
A. delinquent
B. smaller
о
C. larger
O D. older
—
SUBMIT
Answers
Answer:
D. Older
Explanation:
The longer it takes, the less likely it will be paid. People who care about their credit pay it off as soon as possible. If they do not care, they know the unpaid debt will likely fall off of their credit report after 7 years depending on the situation
The aging of accounts receivable recognizes that an account is more likely to become uncollectable as it gets older.
Hence, the answer is D. older.
The aging of accounts receivable is a process of classifying accounts receivable according to the length of time they have been outstanding. Accounts that are older are more likely to become uncollectible because the customer has had more time to default on the payment.
Option A, delinquent, is incorrect because it is not the only factor that determines whether an account is likely to become uncollectible. The age of the account is also a significant factor.
Option B, smaller, is incorrect because there is no correlation between the size of an account and its likelihood of becoming uncollectible.
Option C, larger, is incorrect for the same reason as option B.
Therefore, the answer is D. older.
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3. When you find an error on a credit report, what are 2 things to do?
Answers
Answer:
If you've spotted an error on one of your credit reports, you should take immediate steps to correct the inaccuracy.
-Send a letter to the credit bureau.
-Determine if you should contact the data furnisher as well.
Explanation:
okay?
Which of the following is most likely to represent categorical data?
Select one:
a. Time taken to do a STAT101 quiz
b. A survey question allowing the responses Agree - Neutral - Disagree
c. The price of a chocolate bar
d. Temperature in degrees Celsius
Answers
The option that is most likely to represent categorical data is:b. A survey question allowing the responses Agree - Neutral - Disagree
Categorical data consists of distinct categories or groups that represent different qualities or characteristics. In this case, the survey question offers three response options: Agree, Neutral, and Disagree, which fall into distinct categories. The data collected from this question is not measured on a numerical scale but rather grouped into discrete categories, making it categorical in nature.The other options, a, c, and d, involve numerical measurements (time, price, and temperature), which are typically considered quantitative data.
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Creative Chronometer, Inc. is planning to launch a new brand of watches for kids. Similar watches are available in the market for $56. In order to penetrate the market, the company plans to use target pricing and desires a 28% net profit markup on total cost. Calculate the target cost. (Round your answer to the nearest cent.) $71.68 $43.75 $40.32 $15.68
Answers
Answer: $43.75
Explanation:
Given the following :
Markup on total cost = 28%
Projected selling price (price of similar products) = $56
Target cost = projected selling price - desired profit
Desired profit = 28% of target cost
Assume target cost = a
a = 56 - 28%a
a = 56 - 0.28a
a + 0.28a = 56
1.28a = 56
a = 56 / 1.28
a = 43.75
Therefore, target cost 'a' equals $43.75
what do firms get from households
Answers
Answer:
Households supply labor to firms and are paid wages in return. Firms use that labor to produce pizzas and sell those pizzas to households. There is a flow of goods (pizzas) from firms to households and a flow of labor services (worker hours) from households to firms.
Explanation:
hurry plz answer
Integrating research, writing a paper, and creating a presentation are examples of:
A. a study group. B. homework. C. expectations. D. competition.
Answers
Joe borrows money for a fridge and pays $120.00 in interest for 24 months at a rate of
8%. How much money did he borrow?
Show work
Answers
Answer:
$750
Explanation:
Interest is calculated using the formula below.
I = p x r x t
where I= interest
P= principal amount
r= interest rate
t= time
In this case, interest is $120, P is not given, r = 8% t= time 2 years( 24 months)
It means $120= P x 8% x 2
$120= p x 0.08 x 2
$120= p0.16
P= $120/0.16
P=750
Joe borrowed $750
consider a semi-annual coupon bond with a 4% coupon rate, 10 years to maturity and $1,000 face value trading at $910. what is this bond's yield to maturity?
Answers
The yield to maturity (YTM) for the bond with a 4% coupon rate, 10 years to maturity, and a $1,000 face value trading at $910 is approximately 2.56%.
The yield to maturity (YTM) is the rate of return an investor can expect to earn if they hold the bond until it matures. To calculate the YTM, we need to use the bond's price, coupon rate, time to maturity, and face value. In this case, the bond has a 4% coupon rate, 10 years to maturity, and a $1,000 face value trading at $910.
To find the YTM, we can use the following formula:
YTM = (Annual Coupon Payment + (Face Value - Current Price) / Number of Years) / (Face Value + Current Price) / 2
The annual coupon payment can be calculated by multiplying the coupon rate by the face value. In this case, the annual coupon payment is $40 (4% * $1,000).
Substituting the values into the formula, we get:
YTM = ($40 + ($1,000 - $910) / 10) / ($1,000 + $910) / 2
Simplifying the equation:
YTM = ($40 + $9 / 10) / $1,910 / 2
YTM = $49 / $1,910 / 2
YTM = 0.0256 or 2.56%
Therefore, the yield to maturity for this bond is approximately 2.56%.
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Given || 10, y = 20, and x - y = 25. Include a fully labelled diagram for each part. a) Find the angle between (-y) and y. [A2.5] b) Find +2yl and y.
Answers
A. the angle between (-y) and y is 180 degrees.
B. +2yl = 40l and y = 20.
10, y = 20, and x - y = 25, we need to find the angle between (-y) and y as well as +2yl and y.
a) Finding the angle between (-y) and y:
Since we know that y = 20, and (-y) = -20, we can draw a number line with both these points and the origin as the points on the line. After drawing the line, we can observe that the angle between (-y) and y is 180 degrees.
Therefore, the angle between (-y) and y is 180 degrees.
b) Finding +2yl and y:
To find +2yl, we need to substitute the value of y in this equation, that is,
+2yl = +2 * 20 * l = 40l
To find y, we can simply look at the information provided which is y = 20.
Therefore, +2yl = 40l and y = 20.
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Described below are certain transactions of Bridgeport Corporation. The company uses the periodic inventory system.
1. On February 2, the corporation purchased goods from Martin Company for $75,400 subject to cash discount terms of 2/10. n/30. Purchases and accounts payable are recorded by the corporation at net amounts after cash discounts. The invoice was paid on February 26,
2. On April 1. the corporation bought a truck for $48,000 from General Motors Company, paying $5,000 in cash and signing a one-year, 12% note for the balance of the purchase price.
3. On May 1, the corporation borrowed $80,700 from Chicago National Bank by signing a $89,820 zero-interest-bearing note due one year from May 1.
4. On August 1, the board of directors declared a $284.400 cash dividend that was payable on September 10 to stockholders of record on August 31.
Answers
These transactions involve the purchase of goods, acquisition of a truck, borrowing funds, and declaring a cash dividend. Each transaction has its own financial impact on the corporation, affecting its assets, liabilities, equity, and cash flows.
The transactions of Bridgeport Corporation can be summarized as follows:
On February 2, the corporation purchased goods from Martin Company for $75,400. The purchase was subject to cash discount terms of 2/10, n/30. The corporation records purchases and accounts payable at net amounts after cash discounts. The invoice was paid on February 26.
On April 1, the corporation bought a truck from General Motors Company for $48,000. They paid $5,000 in cash and signed a one-year, 12% note for the balance of the purchase price.
On May 1, the corporation borrowed $80,700 from Chicago National Bank by signing a $89,820 zero-interest-bearing note. The note is due one year from May 1.
On August 1, the board of directors declared a $284,400 cash dividend. The dividend was payable on September 10 to stockholders of record on August 31.
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what are the major components of a business operating plan?
Answers
Answer:
capital
investors
knowledge in field
Agnes earns $25,000 as salary. His deductions include a tax of $3,400 and medical expenses of $1,250. He also receives a travel allowance of $1,050. What will be his net pay?
Answers
As a result of the computation, Agnes' net compensation is $21,400.
What exactly is a travel allowance?A travel allowance is a payment made by an employer to an employee to cover the costs associated with traveling for work purposes. It is a reimbursement or an advance payment for expenses such as transportation, lodging, meals, and other incidental expenses that the employee may incur while traveling for business.
To calculate Agnes's net pay, we need to subtract his deductions from his gross pay (salary + allowances):
Gross pay = salary + allowances
Gross pay = $25,000 + $1,050
Gross pay = $26,050
Deductions = tax + medical expenses
Deductions = $3,400 + $1,250
Deductions = $4,650
Net pay = gross pay - deductions
Net pay = $26,050 - $4,650
Net pay = $21,400
Therefore, Agnes's net pay is $21,400.
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Describe how easy or difficult you feel it will be to leave your investments alone for at least five years. Explain why. How can you remind yourself of the benefits of staying invested for the long term? HELP
Answers
The ease or difficulty of leaving investments untouched for at least five years can vary from person to person based on their individual circumstances and mindset.
Here are some factors that may influence one's ability to stay invested for the long term:
Financial goals and stability: If an individual has clear long-term financial goals and a stable financial situation, they may find it easier to stay invested. Knowing that the investments are aligned with their objectives and are part of a well-thought-out plan can provide confidence and motivation to stay invested.
Risk tolerance: A person's risk tolerance, or their willingness to accept fluctuations in the value of their investments, can impact their ability to stay invested. If someone is more risk-averse and gets easily anxious about market volatility, they might find it more challenging to resist the urge to sell during periods of market downturns.
Emotional discipline: Emotional discipline plays a crucial role in long-term investing. It requires the ability to detach oneself from short-term market fluctuations and make rational decisions based on long-term trends and goals. Developing emotional discipline can help individuals resist impulsive actions driven by fear or greed.
To remind oneself of the benefits of staying invested for the long term, consider the following strategies:
Education and research: Learn about the historical performance of the market over the long term and how staying invested can potentially yield higher returns. Understanding the power of compounding and the benefits of staying invested can provide motivation to remain committed.
Focus on long-term goals: Regularly remind yourself of your long-term financial goals and how staying invested aligns with those objectives. Visualize the impact of long-term growth and the potential benefits it can bring, such as retirement security or funding major life milestones.
Seek professional advice: Consult with a financial advisor who can provide guidance and reassurance during periods of market volatility. They can help you stay focused on your long-term strategy and provide perspective on market fluctuations.
Diversify your portfolio: A well-diversified portfolio can help reduce the impact of market volatility and increase the chances of long-term success. Knowing that your investments are spread across different asset classes and sectors can provide a sense of stability and confidence.
Set up reminders: Use tools such as calendar reminders or investment tracking apps to periodically review your investment performance and reinforce the importance of staying invested for the long term. These reminders can help you stay engaged and committed to your investment strategy.
Remember, every investor's situation is unique, and it's essential to assess your own circumstances and risk tolerance before making any investment decisions. If you're uncertain, consider consulting with a financial professional who can provide personalized advice based on your specific goals and risk profile.
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Frank is an employee of guitar makers, llc. guitar's employee manual states that workers, such as frank, will be dismissed only for good cause. with respect to the employment-at-will doctrine, this is
Answers
Answer: An exception based on contract theory.
Explanation:
Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.
How can formal business documents help managers solve problems?
A. By presenting well-organized, accurate information about a
problem
B. By creating a record of every action taken during a meeting
C. By eliminating the need for schedules and budgets to track
progress
D. By making decisions so the managers do not have to handle them
Answers
Answer:
A By presenting well organized, accurate information about a problem
Freda is a cash basis taxpayer. In 2019, she negotiated her salary for 2020. Her employer offered to pay her $21,000 per month in 2020 for a total of $252,000. Freda countered that she would accept $10,000 each month for the 12 months in 2020 and the remaining $132,000 in January 2021. The employer accepted Freda’s terms for 2020 and 2021. a. Did Freda actually or constructively receive $252,000 in 2020? b. What could explain Freda’s willingness to spread her salary over a longer period of time? c. In December 2020, after Freda had earned the right to collect the $132,000 in 2020, the employer offered $133,000 to Freda at that time, rather than $132,00
Answers
Answer:
A. N0
B. She may likely bargain for the payments that was reason been that she expects the payments to be in a lower marginal tax bracket in 2021
C. NO
Explanation:
a. No .Based on the information given the amount of $252,000 was NOT constructively received in the year 2020 reason been that She has the amount of $132,000 which is a deferred income amount that
is not constructively received in 2019 and the reason why the amount was not received was because been under the main contract terms she did not have the sole right to receive the income in the year 2020.
b. Freda's willingness to spread her salary over a longer period of time may be due to the fact that She may likely bargain for the payments reason been that she expects the payments to be in a lower marginal tax bracket in the year 2021
c. Based on the information given she is NOT in constructive receipt of the income in the year 2020.
Which of these are benefits of a job as the term is used in this lesson? (1
O a high hourly wage
O an office in a great neighborhood
O working for a good cause
O a 401(k) plan
Answers
Answer:
high Hourly wage
Explanation:
Answer:
D. a 401(k) plan
Explanation:
State one financial objective for LEGO.
3 Marker
Answers
Answer: Building, un-building, rebuilding, thereby creating new things and developing new ways of thinking about ourselves, and the world.
Explanation: looked at Lego. com.
I hope it’s right, sorry if it’s not. Best of luck :)
on a particular date, fedex has a stock price of $81.56 and an eps of $7.28. its competitor, ups, had an eps of $4.01. what would be the expected price of ups stock on this date, if estimated using the method of comparables?
Answers
The expected stock price of UPS on this date is approximately is $44.95.
On a particular date, FedEx has a stock price of $81.56 and an EPS of $7.28. Its competitor, UPS, had an EPS of $4.01.
To estimate the expected price of UPS stock on this date using the method of comparables, follow these steps:1. Calculate the Price-to-Earnings (P/E) ratio for FedEx:
P/E ratio (FedEx) = Stock price (FedEx) / EPS (FedEx)
P/E ratio (FedEx) = $81.56 / $7.28 ≈ 11.21
2. Use the P/E ratio of FedEx and the EPS of UPS to estimate the expected stock price for UPS:
Expected stock price (UPS) = P/E ratio (FedEx) × EPS (UPS)
Expected stock price (UPS) = 11.21 × $4.01 ≈ $44.95
So, the expected price of UPS stock on this date, if estimated using the method of comparables, would be approximately $44.95.
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What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answers
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
^^ The relative risk of having an unfavorable opinion when comparing employees with high job stress to those with low job stress is
Answers
The relative risk of having an unfavorable opinion is the ratio of the probability of having an unfavorable opinion in the high job stress group to the probability of having an unfavorable opinion in the low job stress group. In other words, it measures the extent to which job stress affects employees' opinions.
To calculate the relative risk, we need to know the number of employees in each group and the proportion of employees in each group with an unfavorable opinion. We can then divide the proportion of employees with an unfavorable opinion in the high job stress group by the proportion in the low job stress group.
For example, if there are 100 employees in each group and 20% of employees in the high job stress group have an unfavorable opinion compared to 10% in the low job stress group, the relative risk would be 2. This means that employees with high job stress are twice as likely to have an unfavorable opinion compared to those with low job stress.
However, it is important to note that relative risk alone does not provide information on the overall prevalence of unfavorable opinions in the population or the strength of the association between job stress and opinions. Other measures, such as absolute risk and odds ratio, should also be considered in conjunction with relative risk to provide a more comprehensive understanding of the relationship between job stress and opinions.
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The responsibilities of a ________ include collaborating with cross-functional teams on projects and analyzing organizational data.
A. systems analyst
B. consultant
C. business intelligence analyst
D. server administrator
Answers
A business intelligence analyst is responsible for collaborating with cross-functional teams on projects and analyzing organizational data to gain insights and make recommendations for the business.
Business intelligence (BI) analysts are responsible for collecting, analyzing, and interpreting complex data sets to provide insights that can be used to drive business decisions. This involves collaborating with cross-functional teams such as marketing, finance, and operations to understand their data needs and develop customized BI solutions. BI analysts use a variety of tools and technologies to extract, clean, and transform data into usable formats for analysis. They also create data visualizations, such as dashboards and reports, to communicate insights and findings to business stakeholders.
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Which one of the following costs should NOT be considered a direct cost of serving a particular customer who orders a customized personal computer by phone directly from the manufacturer? the cost of the hard disk drive installed in the computer the cost of shipping the computer to the customer. the cost of leasing a machine on a monthly basis that automatically tests hard disk drives before they are installed in computers. the cost of packaging the computer for shipment.
Answers
The cost of leasing a machine on a monthly basis that automatically tests hard disk drives before they are installed in computers should NOT be considered a direct cost of serving a particular customer who orders a customized personal computer by phone directly from the manufacturer.
What are direct costs?Direct costs are costs that can be explicitly identified with a specific object, such as a product or service. Direct costs can be classified into raw materials, direct labor, and manufacturing overhead costs. They are classified as variable costs because they are directly proportional to the amount of output produced by the business.
Direct costs are also referred to as prime costs, and they are directly proportional to the amount of goods manufactured by the business.Direct costs of serving a particular customer who orders a customized personal computer by phone directly from the manufacturer are the cost of the hard disk drive installed in the computer and the cost of shipping the computer to the customer.
Cost of packaging the computer for shipment is also a direct cost because it is related to the shipment of a customized personal computer by phone directly from the manufacturer.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
which feature of bare-metal virtualization products allows virtual resources to be allocated on demand to meet application requirements?
Answers
The feature of bare-metal virtualization products that allows virtual resources to be allocated on demand to meet application requirements is called "dynamic resource allocation."
This means that the virtualization software can allocate and reallocate computing resources, such as CPU, memory, and storage, as needed to support the demands of different virtual machines. This allows administrators to optimize resource utilization and ensure that applications receive the resources they need to perform optimally. Dynamic resource allocation enables administrators to increase or decrease the amount of resources allocated to a virtual machine, depending on the needs of the applications running on that machine. This provides a high degree of flexibility and enables administrators to respond quickly to changing requirements, such as spikes in demand or unexpected outages.
In summary, dynamic resource allocation is a key feature of bare-metal virtualization products that allows virtual resources to be allocated and reallocated as needed, providing flexibility and enabling administrators to respond quickly to changing application requirements.
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