Management should conduct a ________ to identify those controls that are most appropriate and provide the greatest benefit to the organization given the available resources.

Answers

Answer 1

Answer:

cost-benefit analysis

Explanation:

A cost-benefit analysis (CBA) is the process that are applied to determine the decision benefits or the actions are taken minus the cost along with the actions. It includes the financial metrics like revenue or the cost i.e. saved

So here in the given situation the cost benefit also provides the high benegits to the organization by having the resources

Therefore the above should be the answer


Related Questions

What is your major(potential) in college?

Answers

going to school for my asn, getting my rn and bsn! i want to work in emergency medicine and when i get too old for that ill work in womens health

evaluate the failure of Apple at meeting customer needs​

Answers

Answer:

lol

Explanation:

i need points

Lol same hahahahahaha

Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under variable costing would be

Answers

Answer:

$35,000

Explanation:

net operating income under variable costing would be calculated by preparing income statement under variable costing.

Smith Company

income statement under variable costing system

Sales (7,500 x $40)                                                          $300,000

Less Cost of Sales (7,500 x $18)                                     ($135,000)

Contribution                                                                       $165,000

Less Expenses

selling and administrative expense ($4 x 7,500)            ($30,000)

fixed overheads :

manufacturing                                                                   ($80,000)

selling and administrative expense                                 ($20,000)

Net Income                                                                         $35,000

What might happen if borrowers miss scheduled mortgage payments, fail to pay property taxes, or allow the property to fall into disrepair

Answers

Answer:

Authorize the property to deteriorate.

Explanation:

Example - Borrowers may suffer loan default if they fail to pay real estate taxes, allow their property to deteriorate, or miss regular mortgage payments.

Borrowers may suffer loan default if they skip regular mortgage payments, fail to pay real estate taxes, or allow the properties to fall into disrepair.

Suppose the population of a country is 1.1 million and the labor force is 800,000. 760,000 are employed. Assume that full-employment occurs at a 4 percent unemployment rate at a real GDP level of $100 billion. Based on the information above use Okun's Law to find how much potential GDP has been lost because the economy is not at full employment

Answers

Answer: $2 billion

Explanation:

Okun's law posits that for every percentage point that actual unemployment rate is above the natural unemployment rate, actual GDP will be lower than potential GDP by 2%.

Actual rate of unemployment here is:

= (Labor force - Employed) / Labor force

= (800,000 - 760,000) / 800,000

= 5%

Actual unemployment - Natural unemployment:

= 5 - 4

= 1%

Potential GDP lost is:

= (1% * 2) * 100 billion

= 2% * 100 billion

= $2 billion

The location-specific advantages argument associated with John Dunning helps explain why firms prefer FDI to licensing or to exporting. True False

Answers

Answer:

false

Explanation:

False. The location-specific advantages argument associated with John Dunning does help explain the direction of FDI. However, the location-specific advantages argument does not explain why firms prefer FDI to licensing or to exporting.

quizlet

Under the Uniform Commercial Code (UCC), in a simple delivery contract, once goods are identified in a contract the contract is considered _____.

Answers

Answer:

executed

Explanation:

Under the Uniform Commercial Code (UCC), in a simple delivery contract, once goods are identified in a contract the contract is considered executed.

What is Uniform Commercial Code (UCC)?

The Uniform Commercial Code (UCC), a comprehensive body of legislation, governs all business transactions in the United States. It is a state law that has been uniformly enacted rather than a federal law. Uniformity of law is critical in this field for interstate business transactions. Businesses can enter into contracts knowing that the terms will be upheld consistently by courts in every American jurisdiction thanks to the UCC's widespread adoption. Because commercial connections are more secure as a result, businesses may expand and the American economy does well. The UCC has been referred to as "the backbone of American commerce" for this reason.

The Uniform Commercial Code (UCC) is a standardized set of business laws and regulations. The UCC code was created in 1953 as it became increasingly difficult for businesses to transact business across state lines due to differing state laws. 1

The Uniform Commercial Code (UCC) is significant because it provides a standard legal and contractual framework that allows companies from different states to transact with one another. The UCC laws have been fully adopted by the majority of states in the United States. Although there are some minor differences between states, the UCC code is divided into nine articles. The UCC articles cover a wide range of transactions, including banking and lending.

Uniform Commercial Code (UCC) laws govern personal property sales and other transactions. If you've ever bought a business or a car, you've probably signed a UCC-1 statement. The lender retains ownership of the title until the loan is paid off.

The Uniform Commercial Code (UCC) policies are primarily concerned with the activities of small businesses and entrepreneurs. Part of the goal is to clear up any confusion about how each state might regulate such operations separately.

To learn more about Uniform Commercial Code(UCC), click here

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when a company following a differentiation strategy ensures that the higher price it charges for its higher quality is not priced too far about the price of competition, the company is using the process of

Answers

Answer:

cost proximity.

Explanation:

Cost proximity is a strategy that some organizations can follow to conquer the market. The strategy consists of offering differentiated products with more added benefits than competitors that use a mass product strategy, but without the price of their differentiated product being much higher than those of competitors. With this, the company is able to reach more consumers who perceive greater added benefit from purchasing a differentiated product at a price not much higher than a standard product.

Companies that use this strategy use a configuration of their value chain that allows for gains of scale that allow them to pass on a better price to the consumer without loss of profitability

If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so actual inflation ________ expected inflation. contractionary; will be equal to expansionary; will be less than expansionary; will be equal to contractionary; will be less than expansionary; will be greater than

Answers

Answer:

expansionary; will be equal to

Explanation:

Remember, monetary policies are basically divided into:

expansionary monetary policy, andcontractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

Mae and Joe form a partnership. Mae contributes $3,000 in cash, and Joe contributes his services. Throughout the life of the partnership, Mae also lends the partnership $1,000. Upon dissolution of the partnership, $2,500 is left in the partnership assets after all outside creditors have been paid. Absent a partnership agreement to the contrary, how should the partnership assets be distributed

Answers

Answer:

The partnership assets should be distributed $ 1875 for Joe and $ 625 for Mae.

Explanation:

Since Mae and Joe form a partnership, and Mae contributes $ 3,000 in cash, and Joe contributes his services, and throughout the life of the partnership, Mae also lends the partnership $ 1,000, and upon dissolution of the partnership, $ 2,500 is left in the partnership. assets after all outside creditors have been paid, absent a partnership agreement to the contrary, to determine how the partnership assets should be distributed the following calculation must be performed:

Joe = 3000

Mae = 1000

Joe 3: 1 Mae

2500/4 x 3 = Joe = 1875

2500/4 = Mae = 625

Therefore, the partnership assets should be distributed $ 1875 for Joe and $ 625 for Mae.

Suppose you deposit $2,262.00 into an account today. In 11.00 years the account is worth $3,855.00. The account earned ____% per year.

Answers

Answer:

4.97 %

Explanation:

Data and Calculation :

PV = - $2,262.00

N =  11.00

FV = $3,855.00

P/YR = 1

PMT = $0

I/YR = ? 4.97 %

THUS,

The account earned 4.97 % per year.

Classical economist David Hume observed that as the money supply expanded after gold discoveries it took some time for prices to rise and in the meantime the economy enjoyed higher employment and production. This is inconsistent with monetary neutrality because monetary neutrality would mean that a. the prices should have risen, but production should not have changed. b. neither prices nor production should have risen. c. production should have risen, but prices should not have. d. the prices and production should both have fallen.

Answers

Answer:

a. the prices should have risen, but production should not have changed.

Explanation:

In the case when the money supply is expanded after considering the discoveries of gold so here the prices are increased due to which the economy as the higher employment and the production level. But it is not consistent with the monetary neutrality as the prices are increased but the production level remain same or unchanged

Sun Petroleum Corp. recently moved its operations from Galveston, Texas, to Somalia. The decision to move was the result of new federal regulations regarding clean air standards that all petroleum corporations are subjected to. A critic of globalization would say this example demonstrates what concern

Answers

Answer:

Facilities in advanced nations are moving to less developed countries that have lower environmental regulations.

Explanation:

The move from Texas to Somalia seem to be one which aimed at allowing the company to operate under less strict regulations especially legislations regarding environmental pollution and degradation owing to ozone layer depletion and climate change resulting from high carbon emission. Petroleum processing generates a lot of carbon and strict federal regulations have been established in other to control emission in most developed countries such as Texas where Sum petroleum operates. Therefore Sun petroleum's move to Somalia will be seen as one which is aided by the company's desire to operate under less strict environmental guidelines.

Select the correct answer.
A household detergents company introduces a new product in the market. It hires several salespeople to make door-to-door sales for the first three months. The salespeople have to gather certain information about customers during their sales trips. For one such salesperson, a customer is not willing to share details related to his experience with competitor products. In such a case, what should the salesperson do?
A.
refer the case to another colleague who is expert in extracting details out of such customers
B.
forcibly try to get the details out of the customer
C.
respect the customer’s privacy and not ask any further questions
D.
tempt the customer with discounts on the current product if he shares his details

Answers

Answer: C. respect the customer’s privacy and not ask any further questions.

Explanation:

Since the customer is not willing to share details related to his experience with competitor products, the best thing to do in this case is to respect the customer’s privacy and not ask any further questions.

It's good to respect the privacy of people if they are not willing and ready to give out certain information. In this case, it should be noted that forcibly trying to get the details out of the customer isn't ideal.

Likewise, referring the customer to someone more experienced isn't necessary in thus regard since the customer isn't willing to share any information.

Therefore, the correct option is C.

Answer:

C

Explanation:

You should respect the customers privacy because they are not doing anything sketchy. They are just choosing not to share their thoughts.

During 2017, Oriole Company expected Job no. 59 to cost $300000 of overhead, $560000 of materials, and $200000 in labor. Oriole applied overhead based on direct labor cost. Actual production required an overhead cost of $255000, $630000 in materials used, and $280000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead

Answers

Answer:

$165,000

Explanation:

The computation of the amount of over- or underapplied overhead is shown below:

The Predetermined overhead rate is

= Predetermined overhead ÷ direct labor cost

= ($300,000 ÷ $200,000)

= 150% of direct labour cost

Now  

overhead applied is

= (150% × $280,000)

= $420,000

And,  

Actual overhead=$255,000

So,  

overhead overapplied is

= $420,000 - $255,000

= $165,000

H2 O'Yeah has designed a water purification device that is drastically different and far superior to any product currently on the market. Although consumer response was positive to the idea of the new product, management wants to find out more before committing to full-scale production. The next step H2 O'Yeah's marketing department is likely to take is to Multiple Choice locate a low-cost production site. seek a joint venture with a larger competitor. test market the product among potential users. develop an advertising campaign to persuade consumers of the value of the new water purifier system.

Answers

Answer:

test market the product among potential users.

Explanation:

In the context, it is given that a water purification device manufacturing company, H2 O'Yeah had designed a purification device which is far more better and efficient than any other water purification device currently present in the market.

The customer response about the design of the new purification device was also positive. But before going for mass production of the device, the company, H2 O'Yeah wanted to find out more about the customer 's response and so they are going to test market the device among the potential customers and will take their feedbacks and advices before full scale production.

It is an efficient way for a successful development of a product and knowing about the feedback about the customers.

Therefore the correct answer is "test market the product among potential users."

Priya, a software developer at SkillThink, is instructed by her team leader to minimize interaction with other team members. However, her project manager says that interacting with other team members can provide new insights for her projects. In this scenario, Priya most likely experiences _____. Group of answer choices interpersonal conflict interrole conflict intrarole conflict

Answers

Answer:

intrarole conflict

Explanation:

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

In this scenario, Priya most likely experiences intrarole conflict because she was instructed by her team leader to minimize interaction with other team members to prevent her from getting new insights for her projects.

An intrarole conflict is a type of conflict that arises due to the conflict related to behaviors within a single job position or role.

Prior to recording adjusting entries, the office supplies account had a $360 debit balance. A count of the supplies showed $105 of unused supplies remaining. The required adjusting entry is

Answers

Answer:

debit Office Supplies Expense, $255; credit Office Supplies, $255.

Explanation:

Based on the information given the required Appropriate adjusting journal entry is:

Debit Office Supplies Expense $255

Credit Office Supplies $255

($360-$105)

The rapid growth of the Chinese economy should benefit U.S. consumers as they have access to less-expensive consumer goods. make it more difficult for citizens of the United States to find jobs. not affect the mix of jobs available to citizens of the United States. benefit U.S. consumers as they have access to less-expensive consumer goods and make it more difficult for citizens of the United States to find jobs

Answers

Answer:

as they have access to less-expensive consumer goods.

Explanation:

Economic growth is the increase in total GDP or output of an economy.

If there is a rapid growth in the Chinese economy , it means that the total output produced by China increases. This means that U.S. consumers can import cheaper less expensive consumer goods. This is because the value of the Chinese currency is lower than that of the US dollar

Crane Company purchases equipment for $2740 and supplies for $510 from Wildhorse Co. for $3250 cash. The entry for this transaction will include a debit to Equipment $2740 and a debit to Supplies Expense $510 for Wildhorse. credit to Accounts Payable for Crane. debit to Equipment $2740 and a debit to Supplies $510 for Crane. credit to Cash for Wildhorse.

Answers

Answer:

Date                    Account Title                                    Debit              Credit

XX-XX-XX           Equipment                                    $2,760

                            Supplies                                       $   500

                            Cash                                                                     $3,250

based on the diminishing returns to specialization, it is more realistic to assume that the units of resources required to produce one unit will

Answers

Answer:

decrease.

Explanation:

Diminishing returns to specialization is when resources can freely used to produce any good. Units of resources required to produce one additional unit will decrease. The rate of output will increase with same resources.

If the quantity of financial capital supplied is equal to the quantity of financial capital demanded then, the national savings and investment identity is written as (M - X) - S

Answers

Answer:

False

Explanation:

If the quantity of financial capital supplied is equal to the quantity of financial capital demanded then, the national savings and investment identity is written as S + (M - X) = I + (G - T)

Where S = Private sector saving.

I= Private sector investment.

G= Government spending.

T=Government income, i.e. tax.

X =Exports.

M=Imports.

A claim that is sent for reimbursement that contains all the required data elements to process the claim is referred to as a:

Answers

Answer:

Clean claim

Explanation:

A clean claim is defined as one that has complete documentation, no defect, special circumstance, or impropriety.

They meet all the requirements for easy processing.

Claims are made on Medicare services for reimbursement by insurance companies.

The other type of claim is the other-than-clean claims that requires further investigation before reimbursement is made.

Answer the following question on the basis of the information about the hypothetical economy of Nanawaiya. All figures are in the millions. Not in the labor force 45 Unemployed 7 Total population 45 Employed 95 Discouraged Workers 3 The labor force is __________ Group of answer choices

Answers

Answer:

102 million

Explanation:

Labor force is define as the sum of employed and unemployed in an economy.

Labor force = Employed+ Unemployed

Labor force = 95 million + 7 million

Labor force = 102 million

When cost systems were developed in the 1800's, most companies ______. Multiple select question. produced a small number of similar products focused on simplicity assigned overhead based on machine hours believed there was little correlation between labor hours and overhead

Answers

Answer:

believed there was little correlation between labor hours and overhead

Explanation:

When cost systems were developed in the 1800's, most companies used a blanket overhead or a plant wide rate to allocate the overheads. They  believed there was little correlation between labor hours and overhead.

Although monetary policy cannot reduce the natural rate of unemployment, other types of government policies can. a. True b. False

Answers

Answer:

False

EXPLANATION:

On March 7, a buyer and a seller execute a contract for the purchase of the seller's property. Closing is set for June 10. On April 15, the property is struck by lightning and destroyed by the resulting fire. If the Uniform Vendor and Purchaser Risk Act has been adopted by the state in which the property is located, which party bears liability for the loss?

Answers

Answer:

Under the act, the seller bears the loss alone.

Explanation:

Since in the given question it is mentioned that on march 7 the buyer and seller comes into the contract and on April 15 the property is destroyed so as per the given act, here the seller party bears the liability for the loss alone as he is full responsible of it also the closing is to be on June 10

Therefore the above should be the answer

The soft drink, candy, and snack vending machines found in the Business building at University of Texas at Arlington are examples of: Group of answer choices automatic vending. self-service technologies. direct marketing. direct retailing. none of these.

Answers

Answer:

automatic vending

Explanation:

The greater the risk associated with an investment, the greater is its _____. book value market appeal expected return price

Answers

Answer:

expected return

Explanation:

The main outputs of which process are a quality management plan, quality metrics, project management plan updates, and project documents updates?

Answers

Answer:

Process asset updates.

Explanation:

Quality assurance assessments, validated modifications, authenticated deliverables, performance at work indicators, configuration management, project management plan modifications, project document security patches, and organisational process asset updates are the key outputs of quality assurance.

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