Answer:
The correct option is;
bear on its ability to satisfy stated or implied need
Explanation:
The technical definition provided by ASQ on quality in the glossary web-page on the ASQ website is that the term quality is subjective that has different definitions given by different groups and that within a technical context two meanings can be understood from quality including;
1) A quality product or service is a product or service that is judged by its ability to live up to its outlined or implied needs
2) A deficiency free product.
The flat tax
a. shifts the burden of taxes to businesses.
b. would complicate tax filing for most individuals.
c. departs from ability-to-pay principle of taxation.
d. is strictly proportional even when some income is exempted.
Answer:
c. departs from ability-to-pay principle of taxation.
Explanation:
The flat tax rate requires every person to pay the same percentage of their incomes as a tax component. Basically there is no distinction in earning $1,000 or $10,000.
This means the principle of taxation that is the rich class shall pay in order to provide basic facilities to the poor will not meet, if rich and poor are charged the same.
Accordingly this tax system departs from the basic principle of taxation.
The University of Dover and Dover University are bitter cross town rivals. They compete in everything from sports to academics. The schools, because of shrinking enrollment, make an agreement to give all incoming students free tuition for one semester before raising the existing rates the following semester. This action would be considered:______.a) a horizontal restraint violating the Sherman Act.b) a vertical restraint violating the Sherman Act.c) a tying agreement in violation of the Clayton Act.d) price discrimination in violation of the Robinson-Patman Act.
Answer:
A
Explanation:
A horizontal restraint in violation of the Sherman Act would be this action. As a result, option (A) is the preferable one.
What is the Sherman Antitrust Act of 1890?The Sherman Antitrust Act of 1890 is an antitrust law from the United States that establishes the principle of unrestricted competition among those involved in commerce. Senator John Sherman, the primary author, is honored by the fact that it was adopted by Congress.
The Sherman Act broadly forbids 1) anticompetitive contracts and 2) unilateral actions that dominate or attempt to monopolize the relevant market. The Act permits private parties harmed by activity that violates the Act to file lawsuits for treble damages in addition to allowing the Department of Justice to file lawsuits to enjoin (i.e., ban) conduct that violates the Act.
Hence, option (A) is accurate.
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A description of an economy's share of households reflecting different income levels is called income _________.
Answer: Income distribution
Explanation:
Income distribution is a description of an economy's share of households reflecting different income levels.
Income distribution helps to show how the gross domestic product of an economy is being distributed among the people in the country. Income distribution is also used to know the number of poor or wealthy people in the society.
Why did people demand not just banking and stock market reform but also new forms of government after the Great Depression?
Answer:
The Depression affected the confidence that people had on the government.
Explanation:
The Great Depression began in 1929 and continued until 1933 and it caused high unemployment rates, a decrease in output and deflation. During this time, President Hoover was accused of not taking enough measures to stop the crisis and this ended up on him losing the 1932 election as people lost their confidence in the government. Also, the Great Depression resulted in changes on the government and on how it faces economic crisis. Because of that, the answer is that people demanded not just banking and stock market reform but also new forms of government after the Great Depression because it affected the confidence that people had on the government.
Iron Works International is considering a project that will produce annual cash flows of $37,400, $46,100, $56,800, and $22,300 over the next four years, respectively. What is the internal rate of return if the project has an initial cost of $113,600?
Answer:
16.73%
Explanation:
The computation of the internal rate of return is shown below:-
Let irr be x%
At irr, the present value of inflows = Present value of outflows.
So,
$113,600 = 37,400 ÷ 1.0x + 46,100 ÷ 1.0x^2 + 56,800 ÷ 1.0x^3 + 22,300 ÷ 1.0x^4
x = irr = 16.73%
Therefore for computing the internal rate of return we simply applied the above formula.
Differing measures, including but not limited to the FASB's choice, of the pension obligation can be based on
Answer:
All of the following
Explanation:
All of the following includes the circumstances stated below.
i) all years of the service, whether vested or non vested based on the current level of salary as the basic.
ii) only with the vested benefits, which shall be based on current salary level only.
iii) both vested or non vested salaries based on some future salaries.
With the term vested we mean, the employees which already owns some stated percentage of his retirement benefits.
Capacity of a ship used to determine taxation of the ship by its country of registry or by port or canal authorities is called
Answer:
Gross Registered Tonnage. Hope this helps! =)
What is the manufacturing industry
Answer:
Manufacturing is the production of products for use or sale, using labor and machines, tools, and chemical or biological processing or formulation. It is the essence of secondary industry. The term may refer to a range of human activity, from handicraft to high-tech, but is most commonly applied to industrial design, in which raw materials from primary industry are transformed into finished goods on a large scale.
The concept "efficiency" has quite different meanings for economists (money out/money in), biologists (energy out/energy in), and political scientists (influence exerted/political capital expended) (Newell, 2001, p. 19). From this statement, we should deduce Group of answer choices It is impossible to integrate insights from economics, biology, and political science because the vocabulary cannot be integrated That as interdisciplinarians we must often bring out common meanings, making them applicable to different texts and contexts. Economists, Biologists, and Political Scientists cannot define words accurately.
Answer:
That as inter-disciplinarians we must often bring out common meanings, making them applicable to different texts and contexts.
Explanation:
To deduce is to reduce the choices of answers. Basically by deducing it means to reach to a common definition of the word efficiency in all the fields, whether it be economists, or biologists or political scientists.
This will ensure easy understanding and easy communication of the term at broader level. This will clearly provide for the better ease in all the fields of work.
As we relate to more than a single branch of knowledge, using a single term with different meaning in different branches turns the situation complex.
What is the expected rate of return for a stock that has a beta of 1 if the expected return on the market is 13%?A. 15%.B. More than 15%.C. Cannot be determined without the risk-free rate.
Answer:
13%
Explanation:
If the beta is one, it means that the stock moves in line with the market, so expected return of the stock would be = 1 x 13% = 13%
An alternative approach to recording unearned revenue would be to ______ when cash is collected from a customer in advance of providing goods and services.
Answer:
The correct response will be "Credit sales revenue".
Explanation:
Net credit sales would be costs that come by someone with an individual or attribute which enables on account receivables, minus the cost gross sales as well as sales pension contributions. Net loan transactions don't include any transactions about which money changes hands in cashback rewards.So that the above would be the correct approach.
Maple Leaf, Inc., a television manufacturer, would like to reduce its inventory. To this end, you are asked by the operations manager to assess its inventory level. You have the following information on average inventories from last year's financial statement:
Raw materials $2,500,000
Work-in-process $1,000,000
Finished goods $800,000
In addition, the cost of goods sold last year (50 weeks) was $12 million. What was the inventory turnover?
a. Less than or equal to 2
b. Greater than 2 but less than 3
c. Greater than 3 but less than 4
d. Greater than 4
Answer:
Maple Leaf, Inc.
Inventory Turnover:
b. Greater than 2 but less than 3
Explanation:
a) Data and Calculations:
1) Average inventories:
Raw materials $2,500,000
Work-in-process $1,000,000
Finished goods $800,000
Total average inventory $4,300,000
Cost of goods sold = $12,000,000
Inventory Turnover = Cost of goods sold/Average Inventory
= $12,000,000/$4,300,000
= 2.79 times
2) Inventory turnover is a financial ratio that shows the number of times in a year that inventory has been sold by Maple Leaf, Inc. When it divides the number of days, say 360 days in a year, the ratio that comes out shows the number of days it takes Maple to sell its inventories.
In situations where rivals can readily copy the successful features of a company's strategy or duplicate its attempts to attract customers, the only dependable path to competitive advantage is for a company to staff the company's organization with smarter and more talented people. outexecute rivals by developing a collection of resources and capabilities that enables the company to perform certain important value chain activities at lower cost than rivals or with greater effectiveness than rivals (thereby gaining the ability to deliver more value to customers via either a lower price or a more appealing product). do a better job of training, empowering, motivating, and compensating employees than rivals. perform value chain activities quicker or faster than rivals can. outsource more value chain activities than rivals do and thereby achieve lower operating costs.
Answer:
Outexecute rivals by developing a collection of resources and capabilities that enables the company to perform certain important value chain activities at lower cost than rivals or with greater effectiveness than rivals (thereby gaining the ability to deliver more value to customers via either a lower price or a more appealing product).
Explanation:
All business strategies boil down to two desired outcomes: outpacing competition with a product that is either cheaper, or of higher quality (more valuable or appealing).
If rival firms are imitating a company's strategy, the only way forward for said company is to modify its strategy so that it becomes even more effective than that of its competitors. In this way, the company will achieve the goal of either providing goods or services at lower cost, or at higher qualities.
"The maximum coverage provided by Securities Investor Protection Corporation for securities held in a customer's account is:"
Answer:
$500,000 USD
Explanation:
The Securities Investor Protection Corporation or SIPC for short, protects against the loss of cash and securities (such as stocks and bonds) up to a limit of $500,000 USD. This cash and assets must be held in a SIPC-member brokerage firm as part of a customer's account and the $500,000 is the limit for both cash and assets, with cash alone having a limit of $250,000 per account owner in the case that the brokerage falls into financial trouble.
Working capital needs of a company are projected by estimating what out-of-pocket expenses will be incurred and when the revenues from sales are to be collected, which is done by ________.
Answer:
Making a cash budget (cash budgeting)
Explanation:
Remember, amounts to be spent are called expenses and revenues from sales could cover this expenses.
One tool used today by businesses to determine the working capital or amounts needed to run operations is the cash budget.
Simply put, the cash budget contains information related to what out-of-pocket expenses will be incurred by a business, and when the revenues from sales are to be collected.
Globalizations and information technology advances are primary reasons why supply chain management has become a competitive priority for companies
Answer:
True.
Explanation:
This statement is true, because globalization and technological advances were essential for the supply chain to become global and internationalized, this is due to the information and transport technologies that enable a quick and easy flow at each stage of the chain.
Therefore, supply chain management has been increasingly valued in the global market, where companies seek to outsource activities in their supply chain to achieve strategic and competitive advantages, such as reduced labor and raw material costs.
Having drugs available OTC has potential advantages and disadvantages for consumers. What is one of the advantages?
Answer:
Explanation:
One advantage to this and probably the most important advantage is that it provides faster and more convenient access to effective treatment. This is because individuals are able to simply walk into the store and as the pharmacist for the medicinal drug that they are looking for in order to treat their symptoms. This would not be possible if the drugs were not available OTC.
3. Which of the following is not a characteristic of a good citizen?
obeying laws
being informed about key issues
using natural resources wisely
owning property
Answer:
Owning property
Explanation:
Its the only one that affects solely 1 person rather than benefit the community as a whole
Monetary policy has a ________ effect on aggregate demand in a(n) ________ economy, and fiscal policy has a ________ effect on aggregate demand in a(n) ________ economy.
Answer:
Greater; Open; Greater; Closed
Explanation:
Aggregate demand of economy refers to the total demand for goods and services in an economy at particular period of time.
A closed economy refers to one that has no imports or exports; in order words it is closed from foreign trade with other economies. Thus, fiscal policy would have a greater effect in this economy.
Open economy is the opposite of a closed economy; it allows foreign trade and the aggregate demand of the economy is better influenced by the monetary policy.
______ are storage facilities where incoming shipments from various suppliers are sorted and batched and then delivered to buyers and spend little or no time in storage.
Answer:
Distribution centers
Explanation:
Distribution centers are large storage facilities covering a large area where that facilitates the transfer of vast quantities of goods within a relatively short duration.
Distribution centers are points of distribution usually located close to transportation terminals where goods are secured from various suppliers and moved to the different customers of the suppliers by use of computing system that enables quick and reliable logistics
The duration of goods handling in distribution centers can be as short as less than a day for perishable goods.
Jones Manufacturing needs $450,000 to build a new plant. It must also spend $200,000 on new equipment for the plant. Both of these needs are examples of
Answer: long term financing needs
Explanation:
Long-term financing are the capital requirements for an organization for a period of five or more years. Long term financing needs are utilized for the capital expenditures in fixed assets such as the land and building, plant and machinery etc.
Therefore, Jones Manufacturing needs $450,000 to build a new plant. It must also spend $200,000 on new equipment for the plant. Both of these needs are examples of long term financing needs.
Negotiated transfer prices ______. are consistent with decentralization use the expertise of managers in weighing the costs and benefits of the transfer ensure that the supplying division will receive a market price ensure that all common costs will be covered preserve the autonomy of the divisions
Answer:
1. are consistent with decentralization.
2. use the expertise of managers in weighing the costs and benefits of the transfer.
3. preserve the autonomy of the divisions.
Explanation:
A negotiated transfer prices can be defined as the final price reached between the buyer (consumer) of finished goods and services and the trader (seller) of such goods and services.
Negotiated transfer prices has the following advantages;
1. Negotiated transfer prices are consistent with decentralization.
2. Use the expertise of managers in weighing the costs and benefits of the transfer.
3. They preserve the autonomy of the divisions.
Certain countries do not allow importers to purchase insurance abroad. Which Incoterm is therefore not available to importers located in these countries?
Answer:
CIP (Carriage and Insurance Paid)
Explanation:
This implies that unlike in countries where importers can buy insurance under the Carriage and Insurance Paid To (CIP) part of the Incoterms (International commerce terms) which transfers the risks of damage to the carrier agent.
However, in this countries they do not allow importers such privileges.
How managers plan significant investments in projects that have long term implications such as purchasing new equipment or introducing new products is called
The principal attraction of __________ compared to RSA is that it appears to offer equal security for a far smaller bit size, thereby reducing processing overhead.
Answer:
elliptic curve cryptography
Explanation:
The principal attraction of ECC (Elliptic Curve Cryptography) compared to RSA is that it appears to offer equal security for a far smaller bit size, thereby reducing processing overhead.
What do you mean by Security?By restricting others' freedom to act, security is resistance to potential harm (or other unwanted coercive change) caused by others.
A method of public-key encryption known as elliptic-curve cryptography (ECC) is based on the algebraic structure of elliptic curves over finite fields. ECC enables similar security to be achieved with smaller keys as compared to non-EC encryption (based on simple Galois fields).
Elliptic curves can be used for several applications, including key agreement, digital signatures, and pseudo-random generators.
Therefore, The principal attraction of ECC (Elliptic Curve Cryptography) compared to RSA is that it appears to offer equal security for a far smaller bit size, thereby reducing processing overhead.
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Let's say that you're the sole IT person in your company, and your boss wants a way to block certain websites from employees. What can you set up to help with this request
Answer:
proxy server
Explanation:
A proxy server is an application on a server that manages the requests when a a client tries to get the resources from the server and when someone is trying to get into a website the proxy server makes the request, provides the response from the web server and sends the data so it can be visualized and in this process, it can block the access to certain websites. According to that, the answer is that you have to set up a proxy server to help with this request as it will allow you to block the websites.
Which of these is not a workforce consideration when conducting a planning self-assessment: A. Have you determined the effects of high absentee rate on your organization? B. What types of workers will shirk their duties during a pandemic? C. Have you addressed succession planning in your pandemic plan? D. Have you considered the impact of any authorized outside employment (i.e., second jobs)
Answer:
I think it could be c because why is going to plan a pandemic plan but I dont know
Have you addressed succession planning in your pandemic plan? these is not a workforce consideration when conducting a planning self-assessment. Thus, option (c) is correct.
What is workforce?
The workforce is the entire number of people that work for a certain organization or on a particular mission. Workforce Managers just provide data, analytics, and resource management that ensure personnel levels are enough to handle incoming volumes while also fulfilling the demands of associates and the business.
All businesses meet the requirements for succession planning. Employee succession plans are in place to address changes that happen when workforce leave. They have the proper leaders in place to step up in an emergency if important roles become vacant on an unanticipated permanent or temporary basis. The planning succession is not appropriate.
As a result, the Have you addressed succession planning in your pandemic plan? Therefore, option (c) is correct.
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If a customer buys 1 FLB Oct 50 call at 3 and she exercises the option to buy 100 shares when the market is at 60, what is the cost basis of the 100 shares
Answer:
$5,300
Explanation:
A customer buys 1 FLB Oct 50 call at 3 and she exercises the option to buy 100 shares
= 3 × 100 shares
= $300
The customer bought 100 shares at a price of $50
= 50 × 100 shares
= $5,000
Therefore, the cost basis of the 100 shares can be calculated as follows
= $300 + $5,000
= $5,300
Hence the cost basis of the 100 shares is $5,300
To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is done by
Answer:
Indirect method
Explanation:
The indirect method reconciles the Operating income to the Operating cash flow by adjusting the Operating Income by (1) Non-cash items previously added or deducted from Operating Income and (2) adjusting for changes in working capital items.
The returns on the common stock of Cool Toys are quite cyclical. In a boom economy, the stock is expected to return 23 percent in comparison to 14 percent in a normal economy and a negative 18 percent in a recessionary period. The probability of a recession is 18 percent while the probability of a boom is 22 percent. What is the standard deviation of the returns on this stock
Answer:
13.71%
Explanation:
the expected returns on the stock:
normal economy = 0.14 x 0.6 = 0.084
boom economy = 0.23 x 0.22 = 0.0506
recessionary economy = -0.18 x 0.18 = -0.0324
expected return = 0.1022
the variance for each economic period:
normal economy = (0.14 - 0.1022)² = 0.00142884
boom economy = (0.23 - 0.1022)² = 0.01633284
recessionary economy = (-0.18 - 0.1022)² = 0.07963684
the variance of the stock's returns:
normal economy = 0.6 x 0.00142884 = 0.000857304
boom economy = 0.22 x 0.01633284 = 0.0035932248
recessionary economy = 0.18 x 0.07963684 = 0.014334631
variance of the stock's returns = 0.018785159
standard deviation of stock's returns = √0.018785159 = 0.137058964 = 13.71%