Answer:
The effect of unions will be "Union wages are generally higher than nonunion wages".
Explanation:
A group of employees decided to join together through a particular variety of organizations to strengthen their employment conditions and also some help to promote the organization's mutual interests.Union wages or salaries shall be determined by the service agreement. This always appears to mean except for non-union working environments, union employees again for the entire length of everyone's agreement should not have to think too hard concerning compensation or welfare cuts.So that the above is the appropriate answer.
The ASQ provides a technical definition of quality with two possible meanings, one of which refers to the characteristics of a product or service that… Group of answer choices are free of unintended variation in design or engineering bear on its ability to satisfy stated or implied needs reflect the right goal, at the right time, and for the right reason constitute a moving target in a competitive environment
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.
Neutronics makes four different models of gas identifiers. Next year, the company anticipates total overhead costs of $2.5 million. It also anticipates a combined 75,000 direct labor hours, 100,000 machine hours, 1,250,000 square feet occupied, and $5,000,000 of revenue across all its production lines. If Neutronics uses direct labor hours to allocate its overhead costs, the company's predetermined overhead rate should be: Group of answer choices
Answer:
Predetermined manufacturing overhead rate= $33.33 per direct labor hour
Explanation:
Giving the following information:
Next year, the company anticipates total overhead costs of $2.5 million.
Estimated direct labor hours= 75,000
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 2,500,000/75,000
To ensure the right clerk is selected for an opening, a law firm reviews all résumés electronically and assesses candidates through several interviews. This is an example of _______ control. concurrent feedforward output bureaucratic clan
Answer:
This is an example of _______ control.
Correct Answer:
bureaucratic
Explanation:
Bureaucratic control is a situation whereby the a structure and set of rules are mapped out that helps to control the activities of people that work for large organizations and government. Selecting a right clerk has to follow the already mapped process in the said firm (That is review of resumes electronically, assess candidate through several interviews etc)
When the list of all individuals who took the Graduate Management Admissions Test (GMAT) during the past year is used for selecting a simple random sample of students who took the GMAT, it is known as the:_______
Answer:
Sampling frame.
Explanation:
When the list of all individuals who took the Graduate Management Admissions Test (GMAT) during the past year is used for selecting a simple random sample of students who took the GMAT, it is known as the sampling frame. A sampling frame in statistics can be defined as a source or list comprising of people or items from which a sample is taken or drawn.
The major diversification strategy through which products are produced that are technically similar to the company’s current products but appeal to a new consumer group is:
Answer:
a. Concentric diversification
Explanation:
The concentric diversification is a diversification in which a company purchased or developed its new products that are closely related to that product in which the company is dealing in order to enter one or more markets
Here in the given situation, since the company produced that product that are same to their current markets so that they could enter into a new customer group so this represents the concentric diversification
Which of the following statements concerning capital structure theory is NOT CORRECT?
A. The major contribution of Miller's theory is that it demonstrates that personal taxes decrease the value of using corporate debt.
B. Under MM with zero taxes, financial leverage has no effect on a firm's value.
C. Under MM with corporate taxes, the value of a levered firm exceeds the value of the unlevered firm by the product of the tax rate times the market value dollar amount of debt.
D. Under MM with corporate taxes, rs increases with leverage, and this increase exactly offsets the tax benefits of debt financing.
E. Under MM with corporate taxes, the effect of business risk is automatically incorporated because rsL is a function of rsU.
Answer: D. Under MM with corporate taxes, rs increases with leverage, and this increase exactly offsets the tax benefits of debt financing.
Your new customer directs you to open a cash account. He wants to give trading authorization to his brother but does not want his brother to have any other authority in the account. The two required documents needed by your firm to open the account as directed would be a new account form and:___________.
Explanation:
get a better amount of money
Prescott Bank offers you a $23,000, 6-year term loan at 8 percent annual interest. What will your annual loan payment be?
Answer:
Annual payment= $3,901.78
Explanation:
Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.
The monthly instalment is computed as follows:
Monthly installment= Loan amount/annuity factor
Loan amount; = 23,000
Annuity factor = (1 - (1+r)^(-n))/r
r -monthly rate of interest, n- number of months
r- 8%/12 = % = 0.6667 , n = 8 × 12 = 96
Annuity factor = ( 1- (1+0.6667)^(-96))/0.6667
= 70.7370
Monthly installment = Loan amount /annuity factor
= 23,000/70.7370 = 325.15
Annual payment = 12× 325.15 = $3901.78
Annual payment= $3,901.78
The audience's perception of a speaker's competence, trustworthiness, and dynamism is termed A) credibility. B) charisma. C) character. D) personality.
Answer:
A) credibility
Explanation:
Credibility can be defined as the quality of being trusted and believed in.
The audience have been able to perceive the competence, trustworthiness and the dynamism of the speaker, and these are the criteria to judge credibility.
Nishimatsu's habit of chatting with flight attendants and working alongside them is one of the key characteristics that lead to a high-performing organization. Which is it
Answer: Being well informed
Explanation:
Customer service is the sole skill every organization should be out for. They are certain things done to clients that are outside the service but this minute things are what actually draw the client and makes them always come back for more of your services. Nishimatsu's capability to relate very well with flight attendants shows the good work the company would have emphasised in customer care.
ABC Company had 500 units of XYZ in its inventory at a cost of $4 each. It purchased, for $2,800, 300 more units of XYZ. ABC then sold 400 units at a selling price of $10 each, resulting in a gross profit of $1,600. The cost flow assumption used by ABC:__________
Answer:
ABC company uses the average cost method
Explanation:
beginning inventory 500 units at $4 = $2,000
purchased 300 units at $9.33 = $2,800
sold 400 units at $10 = $4,000 ⇒ gross profit = $1,600
under LIFO, cost of goods sold = $2,800 + $400 = $3,200, gross profit = $800
under FIFO, cost of goods sold = $1,600, gross profit = $2,400
under average cost, cost of goods sold = ($4,800 / 800) x 400 = $2,400, gross profit = $1,600
When making a decision, irrelevant items are included in the analysis of both alternatives when using ______. neither the differential nor total cost approach both the differential and total cost approaches
Answer:
The correct answer is the first option: Neither the differential nor total cost approach.
Explanation:
On the one hand, the "Differential Cost" approach refers to method used by the managers when they have two alternatives and have to choose between one of them. This approach considers the difference between those alternatives and show the manager which one is the best option to take. It is only used for decision making process so there are no irrelevant items included in this analysis.
On the other hand, the "Total Cost" approach is another method used by a company with the purpose of calculating certain costs that a company faces and it only considers all the relevant activities instead of seeing things individually.
Guardiola inc factored $2,300,000 of account receivable with mourinho finance on a with recourse basis. the recourse provision has a fair value of $75,000. moutinho finance assessed a finance charge of 3% of th total account receivable factored and retained an amount equal to 2.5% of the total receivables to cover sales discount. as a result of this transaction, Guardiola's:_______.
a. assets go down by 5319.000.
b. liabilities go up by 557,500.
c. equity goes down by $144.000.
d. assets go up by 569.000.
Answer:
c. equity goes down by $144.000.
Explanation:
The computation of the given transaction is shown below:
Loss on sale of Receivables
= Finance charge + Recourse value
= ($2,300,000 × 0.3) + $75,000
= $69,000 + $75,000
= $144,000
This loss on the sale of receivable results in the decrement of an equiy for $144,000
Hence the correct option is c.
All other options are wrong
A company has been complaining about costs and wants to increase the number of burgers its employees can wrap in an hour. You've already tested employees and don't really want to add another test because it affects your budget! The boss insists you add another assessment instrument to up the number of burgers wrapped per hour, so you start the test-review process first looking at:
Answer:
c. Face validity
Explanation:
Since in the question it is mentioned that the company complaints with respect to the cost, also dont want to add other tests that leads to an ncrease in budget
Also, it the other assessment instrument would be added so this scenario represents the face validity that deals in the study or not for particular measures
Therefore the correct option is c. Face validity
On September 30, Year 5, Saucier Company declared a 15% stock dividend when its stock was selling for $10 per share. As a result, Saucier will issue 20,000 additional shares of its $2 par value common stock. All outstanding shares were originally issued for $6 per share. What will be the decrease to stockholders' equity as a result of the declaration and distribution of the stock dividend
Answer:
$0
Explanation:
There is no decrease in stockholders' equity resulting from this transaction. Simply, the retained earnings account decreases (debited) and the common stock and additional paid in capital accounts increase. E.g. when the stock dividends are declared the following journal entry must be made:
Dr Retained earnings 200,000
Cr Common stock dividends distributable 40,000
Cr Additional paid in capital 160,000
All the accounts involved in this transaction are equity accounts.
On June 1, 2015 Heloise gave Henrietta a gift of stock worth $10,000. Heloise had purchased the stock on January 1, 2015 for $13,000. Henrietta sold the stock to an unrelated party on January 1, 2016 for $13,500. What is the amount and character of Henrietta's gain or loss upon the sale?
Answer:
$500 short-term capital gain
Explanation:
Henrietta's gain = selling price - stock's basis = $13,500 - $13,000 = $500
Since Henrietta received the stocks on June 1, 2015, and sold them on January 1, 2016, only 7 months had passed, therefore, this transaction would be considered a short term capital gain.
When a gift is sold (in this case the stocks), a taxpayer can use the basis for computing gains. If the stocks were sold at a loss, Henrietta should use the lower value (at the moment of the gift) to determine her loss.
An individual's close relative, who was a resident of London, England, died six months ago. The client expects to receive an inheritance of a large sum of money. What is the fundamental risk the individual is concerned about
Answer: Currency risk
Explanation:
From the question, we are told that an individual's close relative, who was a resident of London, England, died six months ago and the client expects to receive an inheritance of a large sum of money.
The risk that can occur here is the currency risk, which is also called the exchange-rate risk, and it is due to change in a currency's price when compared to another currency. Currency risk can lead to profit or loss.
The availability of the product processed, prepared, in proper condition, and/or ready to use is referred to as:
Answer: Form utility
Explanation:
Form utility is defined as how well prepared a product is to serve a customer. In some scenario's, companies produce product to meet the exact need of the customer. The form on how prepared the product is or how ready it is for the market(customer) is known as form utility.
is also known as ‘value chain’ a. Organizational Hierarchy b. Supply Chain c. Information Chain d. None of the above
Answer:
b. Supply Chain
Explanation:
The Supply Chain is the management of flow goods or services from the sourcing of suppliers of raw materials to the dispatcher of customer order. This is sometimes known as the value chain.
Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare mobile app is an example of:_________
a. Mobile Commerce
b. Mobile eCommerce
c. Mobile Retailing
d. Mobile Marketing
Answer:
c. Mobile Retailing.
Explanation:
Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare mobile app is an example of Mobile Retailing.
Mobile retailing can be defined as the process of buying or shopping for goods and services through the internet by using a smartphone, mobile device or tablets. It is one of the convenient ways, potential customers use to engage in e-commerce.
An association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called
Answer:
KYES
Explanation:
KYES are clubs created by Korean Americans in which the members make a contribution and the money gathered is used to provide loans to start businesses. According to this, the answer is that an association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called KYES.
According to rankings by many people over the years what is the number one expectation that people have a job they will enjoy
Answer:
The number one expectation is that the job uses people's abilities to the best, and makes them feel accomplished.
One possible explanation for this is Maslow's hierarchy of needs, in which the need of self-accomplishment is at the top, meaning that this is the need of the highest order.
If people feel that they are achieving self-accomplishment in their jobs, then, it is very likely that they enjoy it.
The charter of a corporation provides for the issuance of 107,000 shares of common stock. Assume that 50,000 shares were originally issued and 11,500 were subsequently reacquired. What is the number of shares outstanding?
Answer:
The number of shares outstanding is 38,500
Explanation:
Issued shares 50,000
Less:treasury stock -11,500
Shares outstanding 38,500
A customer buys 100 shares of XYZ stock at $43 per share. The customer then sells 1 XYZ $45 Call contract for a premium of $500. The call contract expires unexercised. After expiration, the customer's cost basis in the XYZ shares is:________
Answer:
$4,300
Explanation:
Since the call expired, the $500 premium must be reported as a short term capital gain. Short term capital gains are taxed in the periods that they occur, so they do not affect the basis of the stocks. It is something similar to dividends, if you receive dividends they will be taxed as short term gains = ordinary income, bu they do not affect the stocks' basis.
Chevron identified their desired outputs and then worked backward by examining the supporting processes. They used a holistic approach that led the company to examine the interdependencies among processes used in different business units. This is a _________ approach.
Answer:
BPR
Explanation:
In this scenario, Chevron identified their desired outputs and then worked backward by examining the supporting processes. They used a holistic approach that led the company to examine the interdependencies among processes used in different business units. This is a Business Process Reengineering (BPR) approach. It is a radical approach and process to redefining a business entity so as to enhance productivity.
When a company hired Marcus who turned out to be a poor performer, which assessment outcome occurred?
Answer: False positive
Explanation:
From the question, we are informed that when a company hired Marcus who turned out to be a poor performer, the assessment outcome that occurred is being referred to as the false positive.
True negative is when someone is rejected because it is believed that the person won't perform well when employed.
Which of the following is not a reason analyst recommendations are often more optimistic than warranted by an objective analysis of the facts?
A) Many analysts fail to grasp the gravity of the problems facing a company.
B) Sell recommendations generate lower commissions than buy recommendations.
C) The firms for which analysts work may have lucrative investment banking relationships with the firm.
D) Analysts are often pressured by their superiors to overlook negative information.
Answer:
B
Explanation:
Analysts are involved in the assessment and evaluation of a business' risk and the report provided to relevant stakeholders.
The work of an analyst can be biased compared to an objective analysis due to certain factors.
Due to large of adequate knowledge or preparation , an analyst may fail to grasp the gravity of the problems facing a company. There may also be a lucrative investment banking relationship with the firms , hence the risks involved are not exposed early.
Another point is subjectivity , where an analyst is pressured to overlook negative information in order to provide an impressive information about its client
To estimate a stock's beta from historical data, we should regress the (excess) return of the stock on the (excess) return of _____.
Answer:the market portfolio
Explanation:
The beta is simply used to determine the movement of an individual asset when there's a rise or decrease in the entire stock market.
Therefore, to estimate a stock's beta from historical data, we should regress the (excess) return of the stock on the (excess) return of market portfolio.
The Western Acres neighborhood is a highly desirable area in which homes very seldom go on the market. The Western Acres properties placed on the market sell very quickly and usually for or above asking price. Which principal of real estate applies to the homes in Western Acres?
Zappos' saying is "We hope this is the last job you ever have." This demonstrates Zappos' focus on the _____ element in its operations.
Answer: a. human relations
Explanation:
Zappos saying that they hope their company will be the last company the employees work for is them saying that they hope their employees will find working in Zappos constantly alluring such that they would never want to leave (at least until retirement).
It can therefore be inferred from this that Zappos puts in the necessary effort to retain its employees by focusing on human relations in its operations such that employees fill more motivated and fulfilled at Zappos.