The terms that are best defined by each of these phrases are in the following sequence: Secular- rational values, Traditional values, Extrinsic work values, Intrapersonal value conflict, and Self-expression values.
1. Secular-rational values are best defined by the phrase "Some countries give employees extended parental leave and emphasize environmental responsibility." These values prioritize scientific reasoning and modernization over traditional beliefs and customs.
2. Traditional values are best defined by the phrase "In some countries, businesses must close on all religious holidays." These values prioritize maintaining cultural and religious customs and beliefs over modernization and progress.
3. Extrinsic work values are best defined by the phrase "Although the work isn't as interesting, you decide to accept the job offer with the organization that offers the best benefits package." These values prioritize external rewards such as salary and benefits over intrinsic job satisfaction.
4. Intrapersonal value conflict is best defined by the phrase "You decide to turn down the promotion offer when you learn that it will require substantial travel that will take you away from your family, which is the thing that is most important to you." This conflict occurs when an individual's values or goals are in conflict with each other within themselves.
5. Self-expression values are best defined by the phrase "Jessie reassesses her long-term goals and realizes that she would rather make a meaningful contribution to her community than make as much money as she can." Self-expression values prioritize individual freedom, creativity, and quality of life.
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Complete Question:
Write the term from the following list that is best defined by each of these phrases. Use each term no more than once.
Terms :
Survival values, Self-expression values, Traditional values, Terminal values, Extrinsic work values, Instrumental values, Interpersonal value conflict, Secular-rational values, Intrapersonal value conflict, Intrinsic work values
Phases:
1. Some countries give employees extended parental leave and emphasize environmental responsibility.
2. In some countries, businesses must close on all religious holidays.
3. Although the work isn't as interesting, you decide to accept the job offer with the organization that offers the best benefits package.
4. You decide to turn down the promotion offer when you learn that it will require substantial travel that will take you away from your family, which is the thing that is most important to you.
5. Jessie reassesses her long-term goals and realizes that she would rather make a meaningful contribution to her community than make as much money as she can.
How important is money
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.
Jacob is looking to buy some car insurance and is reviewing different policies from several different agencies. The first policy he sees costs$750 for the upcoming year and is worth $10000 if he gets in a collision.After doing some research, he estimates that he has a 8% of getting in acar accident for that year. What is the expected value of buying this insurance policy
The expected value of buying this insurance policy is $50.
The expected value of buying the insurance policy is the weighted average of probabilities of the cost of the insurance and the cover if Jacob gets into an accident.
If Jacob gets into an accident and is covered, his payout will be:
= benefit - cost
= 10,000 - 750
= $9,250
The probability of this happening is 8%.
If Jacob does not get into an accident he would lose the $750 he paid in insurance premiums. The probability of this happening is:
= 100% - 8%
= 92%
The expected value of the insurance is:
= (probability of accident * payout if there is an accident) + (probability of no accident * payout if there is no accident)
= (8% * 9,250) + (92% * -750)
= $50
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in a perfectly competitive market, what is true about marginal revenue for the firm? group of answer choices
A. it's increasing
B. it's decreasingC. it's constantD. it's negative
In a perfectly competitive market, the marginal revenue for the firm is constant. This is because in a perfectly competitive market, the firm is a price taker and has no control over the price of the product.
Therefore, any additional unit of output sold by the firm will earn the same price as all other units of output, resulting in a constant marginal revenue. This is true regardless of the level of output produced by the firm.
In a perfectly competitive market, what is true about marginal revenue for the firm? The correct answer is:
C. It's constant.
In a perfectly competitive market, firms are price takers, meaning they cannot influence the market price. The marginal revenue for the firm in this market structure remains constant because every additional unit of output sold generates the same revenue as the previous unit, which is equal to the market price.
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The following information has been taken from the job order cost system, used by SALEEM CORPORATION:
Job No.
Balance March 1
Production Cost in March
15
Rs. 150,000
---
16
170,000
---
17
50,000
Rs. 130,000
18
70,000
150,000
19
----
240,000
20
----
150,000
21
----
90,000
During March Job No. 17, 18 & 19 were completed, and job No. 15, 16 and 17 were sold on account at 40% above cost.
REQUIRED:
i) Cost of finished goods inventory – beginning
ii) Cost of goods in process inventory – beginning
iii) Cost of finished goods inventory – ending
iv) Cost of goods in process inventory – ending
v) Cost of goods manufactured
vi) Cost of Goods sold
vii) Sales
Answer:
i) Details Amount Rs
Cost of Job No.15 150,000
Cost of Job No.16 170,000
Cost of finished goods inventory - beginning 320,000
ii) Details Amount Rs
Cost of Job No.17 50,000
Cost of Job No.18 70,000
Cost of goods in process inventory - beginning 120,000
iii) Details Amount Rs
Cost of Job No.18 220,000 (70000+150000)
Cost of Job No.19 240,000
Cost of finished goods inventory - ending 460,000
iv) Amount Rs
Cost of Job No.20 150,000
Cost of Job No.21 90,000
Cost of goods in process inventory - ending 240,000
v) Amount Rs
Total Production Cost incurred in March 760,000
(130000+150000+240000+150000+90000)
Add: Cost of goods in process inventory - beginning 120,000
Less: Cost of goods in process inventory - ending 240,000
Cost of goods manufactured 640,000
vi) Amount Rs
Cost of goods manufactured 640,000
Add: Cost of finished goods inventory - beginning 320,000
Less: Cost of finished goods inventory - ending 460,000
Cost of Goods sold 500,000
vii) Sales = Cost of goods sold * 140%
Sales = 500000*140%
Sales = Rs. 700,000
Procter & Gamble's (P&G) sale of many of its brands in order to focus on its core brands is an example of which type of strategy?
A) Related diversification
B) Unrelated diversification C) Retrenchment
D) Divestiture
E) Liquidation
The correct answer is:
D) Divestiture
This is because divestiture is a strategy where a company sells or disposes of some of its business units or brands to focus on its core operations. P&G's sale of many of its brands to concentrate on its core brands aligns with this definition.
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George, a student of mine, requested a private meeting with me in my office. george was concerned about his grade. he couldn't understand why his grade was so much lower than a few of his friends in the class. i explained he was either not putting enough effort into the class or that he may need some guidance on how to properly study for a law class. george became angry and started yelling at me and then accused me of taking bribes from other students to improve their grades. his claim is false, but he kept repeating it. what, if anything, could i sue george for? what result?
A defamation case is the procedure through which one may make untrue accusations against another person.
What is Defamation?A statement that is defamatory to a party's reputation, honor, or dignity in front of a third party. It may be written or spoken. It is either illegal or a tort. Defamation and associated crimes are defined legally differently in different countries and jurisdictions, and they may sometimes have different legal repercussions.
A defamation case is the procedure through which one may make untrue accusations against another person. Defamation is the deliberate expression of negative information about another person, even when the claim made by the speaker is untrue.
George cannot be sued by the teacher in the aforementioned situation. It is required to demonstrate that a claim was made to a third party in a defamation lawsuit. No other participant there could corroborate George's claims that the teacher had requested a bribe. Therefore, George's assertions are untrue because they were made to the teacher in private and nobody else, outside that teacher, was aware of them.
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powers company reported net sales of $1,330,000, average accounts receivable, net of $65,500, and net income of $56,550. the accounts receivable turnover ratio is:
Receivables Accounts Net credit sales divided by the average amount owed is the turnover ratio. 1,330,000 divided by 65,500 equals 20.27 times the accounts receivable turnover ratio.
Credit is the understanding that permits one party to lend another party resources or money with the understanding that the second party would return the resources or pay the first party back later rather than right away. Credit can be used to formalize reciprocity, make it binding, and reach numerous unconnected parties. Money, products, and services are examples of resources. Any agreement that defers payments is a credit agreement. A creditor, also known as a lender, extends credit to a debtor, also known as a borrower. Scores within that range can frequently be broken down into one of five groups: bad, fair, good, and very good.
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Consider this scenario. during the early 2000s, the midwestern united states experienced a drought, or lack of rainfall. this ruined large amounts of the corn crop. tortillas, which are made from corn, became more expensive to make. what would tortilla manufacturers have needed to do in order to make the same profit? increase the price of tortillas decrease the price of tortillas decrease the supply of tortillas and keep the price the same decrease the supply of tortillas and decrease the price
Increasing the price of tortillas results in increased profit for the manufacturers.
What exactly is profit?Profit is defined as a monetary gain that can be calculated by subtracting the purchase price from the selling price.
Increasing the price of the tortilla means increasing the gain or profit. This is due to the fact that the above product will cost more money to purchase.
Therefore, option a describes the statement.
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Answer:
a. increase the price of tortiallas
Explanation:
edge 22
Jane is planning to implement the same work scheduling system in the accounting department that her company uses in the retail division. Which type of change does this represent?.
If she is planning to implement the same work scheduling system. The type of change does this represent is: Adaptive change.
What is adaptive change?Adaptive change can be defined as the type of change that is implemeted so as to learn new things that will help to resolve the problems at hand.
Most companies or organization tend to make use of adaptive change so as to increase their leve of performance and to resolve the challenges they are currently facing.
Inconclusion The type of change does this represent is: Adaptive change.
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Compose two paragraphs that predict the impact this tax cut and increased funding for unemployment insurance will have on the following: the economy as a whole individuals other government programs the government debt Be sure to justify your predictions, use proper grammar, and include topic sentences, an introduction, a conclusion, and information from the video.
Answer:
Extending the cut to payroll taxes will have a positive impact on the economy as a whole. With the continued decrease in the tax rate, people will have more money to spend more on goods and services. This will encourage businesses to hire more workers and will reduce unemployment. The economy will experience a boost, and recovery will take place. This tax cut will add an extra $40 to the average paycheck. People might use the extra income for rent, groceries, or gas.
Increased funding for unemployment insurance will ensure that eligible unemployed individuals will continue to get unemployment compensation. The extended unemployment compensation will lead to more production in the economy, which will help reduce government debt. An increase in production will lead to an increase in employment and output. When production increases, individuals’ incomes also increase, so the government will collect more income taxes to fund repayment of its debt.
Explanation:
PLATO
Answer:
The tax cut and the increased funding of unemployment insurance will benefit the economy as a whole. As unemployment rise, fewer people are going to have money to buy goods therefore, businesses will have less money to hire workers. This will not be fixed if there weren't any unemployment insurance. With unemployment money, people are going to buy more and the economy will boost. This not only benefits individuals but the economy as a whole. However, this may increase government debt and may have decrease funding to other government programs.
Explanation:
This is not from plato or edmentum. I typed it myself
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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Jason, a manager at a logistics company, wants to bring in temporary workers to handle the extra work of loading and unloading deliveries during the holiday shopping season. Which statement expresses a disadvantage of Jason's idea
Answer:
There may be tension between permanent and temporary workers.
Explanation:
Labor demand forecasting refers to a step in the process of labor optimization before filling the concerned posts in which accurate demand is estimated for any time period based on various demand variables. There are just so many factors that need to be taken into account, for example, seasonal patterns, unpredictable demands, local attractions, etc while scheduling the right labor for the right job. these trend analyses require to predict labor demand in the form of temporary additional labor which often came in conflict to permanent ones over their respective roles and responsibilities.
Click on the link below(I will add it below) to access a video on Entrepreneur Mark Zuckerberg. As you watch the video, fill in the notes below that I have added. (to be brainiest you must complete the summary as well) complete a 4-5 sentence summary on the impact Zuckerberg has had on American business.
Entrepreneur Name: Mark Zuckerberg
4 Businesses/Companies (Over the span of their Lifetime):
4 Child-hood Experiences:
Personality Traits
2 Strengths and 2 Weakness
4 Challenging set-backs:
The person that had the most influence on them.
Who:
In 5 sentences answer the following prompt: What is their enduring contribution to American Business?
Answer:
This is what shows
Explanation:
what is the difference between the FBI and the CIA
Answer:
The CIA (Central Intelligence Agency) mostly operates outside the United States to gather intelligence via a network of spies whereas the FBI (Federal Bureau of Investigation) predominantly operates within the U.S. to both gather intelligence as well as tackle federal crimes.
Explanation:
R. E. Lee recently took his company public through an initial public offering. He is expanding the business quickly to take advantage of an otherwise unexploited market. Growth for his company is expected to be 40 percent for the first three years and then he expects it to slow down to a constant 15 percent. The most recent dividend was $0.75. Based on the most recent returns, the beta for his company is approximately 1.5. The risk-free rate is 8 percent and the market risk premium is 6 percent. What is the current price of Lee's stock
Answer: $77.13
Explanation:
Based on the information given in the question, the current price of Lee's stock will be calculated thus:
First, the required rate of return will be:
= 8% + (1.5 × 6%) = 8% + 9% = 17%
Year 1:
Cash flow: 1.05
Present value: 0.90
Year 2:
Cash flow: 1.47
Present value: 1.07
Year 3:
Cash flow: 2.06
Present value: 1.28
Year 4:
Cash flow: 118.34
Present value: 73.88
The current price of Lee's stock will be:
= 0.90 + 1.07 + 1.28 + 73.88
= 77.13
The current price of Lee's stock is $77.13.
Find at least the first four nonzero terms in a power series expansion about x0 for a general solution to the given differential equation. y(x) nothing (Type an expression in terms of and that includes all terms up to order 3.)
The given differential equation is y(x) = 0. For a general solution to this differential equation, the first four nonzero terms in a power series expansion about x = 0 is expressed as follows:$$\begin{aligned}y(x)&=y(0)+xy'(0)+\frac{x^2}
{2!}y''(0)+\frac{x^3}{3!}y'''(0)+\dots\\y(x)&=0+0+\frac{x^2}{2!}(0)+\frac{x^3}{3!}(0)+\dots\\y(x)&=0\end{aligned}$$Hence, the first four nonzero terms in a power series expansion about x = 0 for a general solution to the given differential equation y(x) = 0 is also equal to 0.
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Pls help me with this question!
The type of bank that contributes to the national economy by managing accounts and credit lines for both individuals and businesses is a commercial bank. So, the correct choice is option C.
Commercial banks are financial institutions that play a vital role in the economy by providing a wide range of banking services to individuals, businesses, and governments. They accept deposits from customers and offer various types of accounts, including checking accounts, savings accounts, and certificates of deposit. Commercial banks also provide loans and credit lines to individuals and businesses to support their financial needs.
By managing accounts, commercial banks facilitate the safekeeping of funds for individuals and businesses, allowing them to make transactions, earn interest on their deposits, and access their funds conveniently through various banking channels.
Furthermore, commercial banks contribute to the national economy by extending credit lines to individuals and businesses. These credit lines can be used for various purposes, such as financing investments, expanding businesses, purchasing assets, or managing cash flow. By providing credit, commercial banks support economic growth, entrepreneurship, and job creation.
In summary, commercial banks are the type of bank that actively contributes to the national economy by managing accounts and credit lines for both individuals and businesses, playing a crucial role in promoting financial stability and facilitating economic activities.
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The Mateo Corporation's inventory at December 31, 2020, was $325,000 based on a physical count priced at cost, and before any necessary adjustment for the following:Merchandise costing $30,000, shipped F.o.b. shipping point from a vendor on December 30, 2020, was received on January 5, 2021.Merchandise costing $22,000, shipped F.o.b. destination from a vendor on December 28, 2020, was received on January 3, 2021.Merchandise costing $38,000 was shipped to a customer F.o.b. destination on December 28, 2020, arrived at the customer's location on January 6, 2021.Merchandise costing $12,000 was being held on consignment by Traynor Company.What amount should Mateo Corporation report as inventory in its December 31, 2020, balance sheet? (Show your reasoning!)
Mateo Corporation should report an inventory amount of $405,000 in its December 31, 2020, balance sheet.
To determine the correct inventory amount for Mateo Corporation on December 31, 2020, we need to consider the effect of the four transactions mentioned in the question. Here is a step-by-step explanation:
1. The initial inventory amount is $325,000.
2. The merchandise costing $30,000 shipped FOB shipping point on December 30, 2020, should be included in Mateo's inventory, as the ownership transfers to the buyer once the goods are shipped. Add $30,000 to the inventory.
3. The merchandise costing $22,000 shipped FOB destination on December 28, 2020, should not be included in Mateo's inventory, as the ownership transfers to the buyer once the goods reach their destination. Since they were received on January 3, 2021, they are not part of the December 31, 2020 inventory. No adjustment needed.
4. The merchandise costing $38,000 shipped to a customer FOB destination on December 28, 2020, should be included in Mateo's inventory, as the ownership transfers to the customer once the goods reach their destination. Since they arrived on January 6, 2021, they are still part of the December 31, 2020 inventory. Add $38,000 to the inventory.
5. The merchandise costing $12,000 held on consignment by Traynor Company should be included in Mateo's inventory, as the goods on consignment remain the property of the consignor until sold. Add $12,000 to the inventory.
Now, we can calculate the adjusted inventory amount:
$325,000 (initial inventory) + $30,000 + $38,000 + $12,000 = $405,000
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Assume your gross pay per pay period is $2,000 and you are in the 33 percent tax bracket. Calculate your net pay and spendable income if you save $200 per pay period in a tax-sheltered annuity
The Net pay is equal to $1,340 and the spendable income is $1,140 when you save $200 per pay period in a tax-sheltered annuity, pay per pay period is $2,000 and you are in the 33 percent tax bracket.
Given Data:
Gross pay = $2,000
Tax rate = 33% = 0.33
Prospective savings = $200
Net pay is the amount that employees earn after all payroll deductions are subtracted from their gross pay. When the tax bracket is 33 percent we can calculate net pay by:
Net pay = Gross pay - ( Gross pay x Tax rate)
= 2,000 - (2,000 x 0.33)
= 2,000 - 660
= $1,340
Therefore, the net income you receive after paying your income tax is $1,340.
The portion of salary which is used to purchase goods and services is known as Spendable income. We can calculate it by subtracting Prospective savings from net pay and the formula is given as.
Spendable income = Net pay - Prospective savings
= 1,340 - 200
= $1,140
Therefore, the spendable income is $1,140.
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he concept of ______ is probably the best single measure of an industry's impact.A. total outputB. total spendingC. aggregate market value of firms in industryD. value added
The concept of value added is probably the best single measure of an industry's impact. Therefore option D is correct.
What is Industry?An industry is a collection of businesses that are connected by their main lines of activity. There are several categories of industries in contemporary economies. Sectors are often used to combine together bigger groups of industry classifications.
Typically, a company's major income sources determine what industry it belongs to. For instance, even if a carmaker may have a financing segment that contributes 10% to the company's overall earnings, most categorization systems would place the business in the automaker category.
Industries are divisions of related enterprises based on the main product produced or sold. By doing this, industry groupings are successfully formed, which may later be utilized to separate enterprises from those that take part in other activities.
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3. If GDP is $10 million, consumer spending is $5million, Government is $3 milion, net exports is 1 million, how much is investment? A. $ 0 million B. $ 1 million C. $ 2 million D. $ 3 million
suppose the elasticity of demand for tickets to broadway shows is 2.0 for men and 0.3 for women. to use price discrimination to increase profits, the producers should charge lower prices to because their demand is . group of answer choices women; inelastic women; elastic men; elastic men; inelastic
To use price discrimination to increase profits, producers should charge lower prices to the group of women because their demand is inelastic.
Given that the elasticity of demand for tickets to Broadway shows is 2.0 for men and 0.3 for women, we can determine the appropriate group:
Women: Elastic demand (elasticity of 0.3)
Men: Elastic demand (elasticity of 2.0)
In this case, price discrimination may not be effective based on the given information, as both groups have elastic demand.
To increase profits through price discrimination, producers typically charge higher prices to the group with a relatively more inelastic demand, as they are less responsive to price changes and can afford to pay a higher price.
Therefore the correct answer is women because their demand is inelastic.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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On Wednesday, your boss asks you if you'd be willing to work an
extra day on Saturday. You agree to come to work. On Friday,
your best friend invites you to go to the beach the next day.
Should you go to work or to the beach on Saturday? Why?
Answer:
Explanation:
I would go to work on Saturday as it has been agreed upon before my friend invited me to the beach.
A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the collector chooses to purchase the jersey, what is the opportunity cost?(1 point)
the cost of the jersey
the cost of the ball
the net value of the jersey for the collector
the net value of the ball for the collector
The opportunity cost in the presented situation is the cost of the ball
The opportunity cost is an economic term that refers to the cost of the alternative that we give up when we make a certain decision, including the benefits that we could have obtained from having chosen the alternative option.
According to the above, the opportunity cost in the situation presented is the cost of the ball (option B) because the collector gave up this opportunity and preferred to buy the hockey jersey.
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Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
1. Choose a well-known company that you know of, and answer the following questions about it:
Answer:
what type of company
and which other questions
Which government agency would be responsible for testing for leaded paint
in imported toys from China?
A. Consumer Product Safety Commission
B. Environmental Protection Agency
C. Food and Drug Administration
O
D. Federal Trade Commission
Answer:
A. Consumer Product Safety Commission
Explanation:
When the high lead levels were detected during a routine inspection, the Consumer Product Safety Commission (CPSC) issued a recall, the first for a lead-contaminated toy in 2007.
Consumer Product Safety Commission, government agency would be responsible for testing for leaded paint in imported toys from China. Thus, option (a) is correct.
What is a government agency?A permanent or semi-permanent organization inside the federal or state government is referred to as a government agency. Federal agencies are specialized government institutions created for a particular function, such as resource management, financial regulation of specific sectors, or matters of national security.
On October 24, 1972, the Consumer Product Safety Commission was founded. The Consumer Product Safety Commission (CPSC) issued a recall after the excessive lead levels were found during a routine inspection, the first for a lead-contaminated toy in 2007. The CPSC works to reduce "unreasonable risks" of harm in order to advance the safety of consumer products.
As a result, the conclusion of the Consumer Product Safety Commission is a government agency. Therefore, option (a) is correct.
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Wildhorse Windows manufactures and sells custom storm windows for three-season porches. Wildhorse also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Wildhorse enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,510 and chooses Wildhorse to do the installation. Wildhorse charges the same price for the windows irrespective of whether it does the installation or not. The customer pays Wildhorse $1,970 (which equals the standalone selling price of the windows, which have a cost of $1,100) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Wildhorse completes installation on October 15, 2020, and the customer pays the balance due. Wildhorse estimates the standalone selling price of the installation based on an estimated cost of $450 plus a margin of 30% on cost. Prepare the journal entries for Wildhorse in 2020.
In 2020, Wildhorse Windows’ journal entries for the given transaction are as follows:Journal entries for Wildhorse Windows Accounts Debit Credit Cash2,510 Sales revenue 2,510(To record sales made on July 1, 2020)
Cost of goods sold 1,100 Inventory1,100(To record the cost of goods sold on July 1, 2020)Cash 1,970 Unearned revenue1,970(To record the receipt of payment from the customer on September 1, 2020)Cost of goods sold1,350Inventory1,350(To record the sale of goods on October 15, 2020)Unearned revenue 900 Installation revenue900(To record the completion of the installation and recognition of revenue on October 15, 2020)
Installation expense 585 Estimated liability for installation 585(To record the estimated installation expenses on October 15, 2020)Accounts receivable 585 Estimated liability for installation 585(To record the billing of the customer for installation services on October 15, 2020)Therefore, the above journal entries represent the transaction that was done by Wildhorse Windows in 2020.
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As Eddie scanned the employment opportunities on LinkedIn, he speculated that he might not qualify for some of the jobs. Eddie was concerned that his educational credentials and skills might not be compatible with the ________ for many of today's available jobs. Group of answer choices job analyses
Eddie was concerned that his educational credentials and skills might not be compatible with the job specifications for many of today's available jobs.
What is job specification?A job description that stresses an operator's mental and physical qualities as well as any particular skills required, in order to make employee selection and placement easier.
Educational requirements, training, technical abilities, experience, and personality attributes the organization needs for the person filling the function are all listed in the job specification.
Thus, job specification is applied here.
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