Answers
The accounting system where the operations are broken out is called responsibility accounting.
The following information related to responsibility accounting is:
It is the control system in which the responsibility is allocated for controlling the cost.The person should be held responsible for controlling the cost.Also, the proper authority is provided so that the performance should be checked.In this, the operations should also be divided.Therefore we can conclude that The accounting system where the operations are broken out is called responsibility accounting.
Learn more about the accounting here: brainly.com/question/19436415
Related Questions
I need a an idea of followership introduction help me!
Answers
Followership refers to the role, behavior, and actions of individuals who are not in a leadership position, but rather, they support and collaborate with their leaders to achieve shared goals. Followership is an essential aspect of organizational success, as it complements leadership and fosters a harmonious work environment.
Effective followers exhibit characteristics such as being proactive, taking responsibility, and engaging in open communication with their leaders. They also possess the ability to think critically and provide valuable feedback for the betterment of the team. By embracing the principles of followership, individuals contribute positively to the overall performance and morale of the organization.
It is important to note that followership does not imply blind obedience or passivity. Instead, it involves active engagement and collaboration with leaders to achieve common objectives. In this dynamic relationship, leaders and followers must work together, learn from each other, and adapt to changing circumstances.
In conclusion, followership is a vital component of successful organizations and plays a significant role in accomplishing shared goals. By cultivating strong followership skills, individuals can effectively support their leaders, enhance team performance, and contribute to the growth and success of the organization.
Know more about Effective followers here:
https://brainly.com/question/30273890
#SPJ11
You are a tutor for introductory financial accounting. You tell your students "Recording adjusting entries is a critical step in the accounting cycle, and the two major classifications of adjusting entries are prepayments and accruals". Chris, one of the students in the class, says, "I don't understand".
Required:
1. When do prepayments occur? When do accruals occur?
2. Describe the appropriate adjusting entry for (a) prepaid expenses, (c) deferred revenues.
3. What is the effect on (a) net income (b) assets (c) liabilities (d) stockholders' equity of not recording a required adjusting entry for prepayments? For each item, indicate clearly whether the effect will be an Increase, a Decrease, or No Effect. Please present your answers using the template below. I have done Net income as an example. Item Increase Decrease No Effect Net income x Assets Liabilities Stockholders' Equity
4. Describe the appropriate adjusting entry for (a) accrued expenses (c) accrued revenues.
5. What is the effect on (a) net income (b) assets (c) liabilities (d) stockholders' equity of not recording a required adjusting entry for accruals? For each item, clearly indicate whether the effect will be an Increase, a Decrease, or No Effect. Please present your answers using the template below. Item Increase Decrease No Effect Net income Assets Liabilities Stockholders' Equity
Answers
Answer:
1 and 2
for e.g., on January 2, you purchase a 1 year insurance policy for $1,200
the journal entry to record this transaction would be:
Dr Prepaid insurance 1,200
Cr Cash 1,200
On June 30, you are preparing the financial statements for the first 6 months of operations. Since 6 months have already passed since you purchased insurance, then you have to accrue 6 months worth of insurance expense:
June 30, adjustment entry
Dr Insurance expense 600
Cr Prepaid insurance 600
3. What is the effect on (a) net income (b) assets (c) liabilities (d) stockholders' equity of not recording a required adjusting entry for prepayments? For each item, indicate clearly whether the effect will be an Increase, a Decrease, or No Effect.
E.g. prepaid insurance is an asset account, and if you do not adjust it in order to determine insurance costs, then your net income will be overstated. Your balance sheet will also be overstated, since assets and retained earnings will be higher than they should be.
(a) net income ⇒ increase
(b) assets ⇒ increase
(c) liabilities ⇒ no effect
(d) stockholders' equity ⇒ increase
4. Describe the appropriate adjusting entry for (a) accrued expenses (c) accrued revenues.
Since I already used a prepaid account as an example, I will now us a deferred revenue account. Suppose that you are the insurance company, and you sell a 1 year policy on January 2.
January 2, sales revenue
Dr Cash 1,200
Cr Deferred revenue 1,200
Deferred revenues are liabilities, since you collected money in exchange for providing future services.
Again on June 30, you are preparing the financial records for the first 6 months. you notice that 6 months have already passed since you sold the policy, so you accrued 6 months worth of revenue.
June 30, adjustment entry
Dr Deferred revenue 600
Cr Revenue 600
5. What is the effect on (a) net income (b) assets (c) liabilities (d) stockholders' equity of not recording a required adjusting entry for accruals? For each item, clearly indicate whether the effect will be an Increase, a Decrease, or No Effect.
(a) net income ⇒ decrease
(b) assets ⇒ no effect
(c) liabilities ⇒ increase
(d) stockholders' equity ⇒ decrease
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
Answers
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
For more such questions on Coca-Cola
https://brainly.com/question/30371353
#SPJ8
How To Find The Best Luxury Portable Restrooms In Sacrament
Answers
Research reliable agencies with tremendous opinions, lots of restroom options, and exact customer support. Ask for referrals and reach out for a quote.
To locate the great luxury transportable restrooms in Sacramento, you can start with the aid of learning from reputable corporations specializing in luxurious transportable restroom rentals. Look for groups with nice purchaser opinions and quite a few restroom alternatives to pick from. Consider factors along with the restroom's length, amenities, and cleanliness.
You also can ask for referrals from pals, a circle of relatives, or event planners who've used luxurious portable restrooms in the past. Once you have got a listing of ability agencies, attain out to them to talk about your desires and obtain a quote.
Learn more about customer support:
https://brainly.com/question/28417930
#SPJ1
True or False. Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (FICA).
Answers
Answer:
True
Explanation:
Plz mark brainliest thxxx :) hope it helps
Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (FICA) is a true statement.
The employers is the one that is responsible for paying employees contributions on their behalf for FICA by the fact that Employers do withhold FICA taxes from employees' wages, and therefore pay employer FICA taxes and later on go and report both the employee and employer shares to the IRS.Conclusively, the FICA taxes are payroll taxes that is used in handling social security and Medicare and as such, both employees and employers must contribute their fair share.
Learn more from
https://brainly.com/question/1160192
Which of the following skills are important for job interviews?
Answers
Which is an example of a good URL?
A.
http://www.sedl.org/abcd.html
B.
http://www.sedl.org/expertise/current_projects.html
C.
http://www.sedl.org/some_text_here_which_is_a_part_of_the_URL_and_is_a_resource_identifier.html
D.
http://www.sedl.org/expertise/currentinterestingprojects.html
Answers
Answer:
The example of a good URL is ".gov and .org¨
Explanation:
http://www.sedl.org/expertise/current_projects.html is an example of a good URL. Therefore option B is correct.
What is a URL?
An Internet resource may be found using a URL (Uniform Resource Locator), a special identifier. It is additionally known as a web address. URLs contain several components, such as a protocol and domain name, which instruct a web browser on how and from where to retrieve a resource.
In addition to the resource name, the URL also includes the name of the protocol required to access the resource. The protocol to utilize as the main access medium is specified in the first portion of a URL. The location of the resource is indicated by its IP address, domain name, and sometimes a subdomain in the second portion.
Only the ASCII character set may be used to send URLs over the Internet. The URL must be changed into a proper ASCII format since URLs frequently contain non-ASCII characters. Unsafe ASCII characters are replaced by a "%" and two hexadecimal digits in URL encoding. Spaces are not permitted in URLs.
To learn more about URLs follow the link.
https://brainly.com/question/17331722
#SPJ2
6
Select the correct answer from each drop-down menu.
Identify the interpersonal skills demonstrated in this scenario.
Belinda gets along well with her coworkers and managers because she doesn't judge people, even when she disagrees with them. She is
demonstrating the skill of
Harold is always in demand because he takes time to help others when they are struggling to complete a task. He is demonstrating the skill of
Reset
Next
Answers
Answer:xz
Explanation:xx
Answer:
Explanation:
Select the correct answer from each drop-down menu.
Identify the interpersonal skills demonstrated in this scenario.
Belinda gets along well with her coworkers and managers because she doesn’t judge people, even when she disagrees with them. She is demonstrating the skill of
respect for diversity
.
Harold is always in demand because he takes time to help others when they are struggling to complete a task. He is demonstrating the skill of
social sensitivity
.
If Canadians were not allowed to own private property and did not have freedom of choice, what impact would that have on business?
Answers
Answer:A big one
Explanation:
They don’t have freedom of speech.
Where can I buy Credit Card
Answers
Answer:
You can buy them anywhere gift cards are sold.
Explanation:
This would include Best Buy but also places like Walgreens, Walmart, Target, and the grocery store all sell them as well.
A__ is an example of a primary stakeholder for a business.
Answers
The customers are an example of one of the primary stakeholders of a business. Therefore, option B is the correct option.
What is business?A business is an economic activity. The activity of the business is generally carried out by manufacturing goods and producing services according to the needs generated in society. The major purpose of conducting a business is to make a profit. There are many ways of doing business. It may also include purchasing and selling goods and services produced by other individuals and organizations.
There are several types of businesses, such as small-scale businesses, and medium and large-scale businesses. This classification of businesses is based upon the capital invested in them and also the amount of profit generated.
One of the main stakeholders in a business is its customers. Option B is therefore the best choice.
Learn more about business here:
https://brainly.com/question/18307610
#SPJ2
Joey moved from NY to NV because he was transferred by his employer, Big Casinos Inc. His employer reimbursed his moving expenses,
and reported $1,250 on Form W-2, box 1. Joey's actual moving expenses totaled $1,450. How much can Joey claim as an adjustment to
income on Schedule 1, line 13?
Choose one answer
a. $1,250
b. $1,450
c. $200
d. $0
Answers
Answer:
Joey can claim as an adjustment to income on Schedule 1, line 13:
d. $0
Explanation:
Joey cannot claim any adjustment to his income because moving expenses are no longer tax-deductible based on the new Tax Cuts and Jobs Act, 2017. Instead of making any adjustment claim, the reimbursement by Joey's employer of his moving expenses to the tune of $1,250 will be included in his income and taxed. Before the new tax law, moving expenses were an adjustment to the adjusted gross income, not an itemized deduction.
D- Joey cannot claim any compensation in the schedule 1 line 13 of the Income Tax Act as per latest amendments that have been made to the Act recently.
The employer of Joey can also put a Tax deductible at source as per the will of Joey on the moving expenses as reimbursed by Big Casinos Inc. for transportation from NY to NV.
Earlier the deduction that could have been claimed by Joey could have been in full to such expenses being borne by him even if they were reimbursed to him by the employer.But after thorough review and reconstruction of the Income Tax Act it was concluded that the expenses reimbursed cannot be deducted by the federal taxation policies as there was tax evasion in this scheme.After amendments several changes changes have been made to the Act and it has been bought to a conclusion that schedule 1 line 13 will no longer be able to be claimed by the taxable person as it has been reimbursed.Hence, the correct option is D that Joey can claim a deduction $0 on his moving expenses that were reimbursed by Big Casinos Inc.
To know more about tax deductions, click the link below.
https://brainly.com/question/13757943
P = 100 - 2Q, where Q is total quantity demanded for both firms 1 and 2, respectively. The firms 1' marginal cost is given by MCi(Qi) = 2Qi. The firms 2' marginal cost is given by MC2(Q2)=4Q2. Based on this information firm 1 and 2's reaction functions are
Answers
The reaction functions of the equations that we have here are given as Q1 = 16.7 - 0.33Q₂ and Q₂ = 12.5 - 0.25Q₁
How to solve for the reaction functionsWe have
P = 100 - 2Q
= 100 - 2Q1 - 2Q2
MCi(Qi) = 2Qi
while,
MC2(Q2)=4Q2
δπ₁/δQ₁ = 100Q₁ - 2Q₁² - 2Q₁Q₂ - Q₁²
= 100 - 4Q₁ - 2Q₂ - 2Q₁
= 100 - 6Q₁ - 2Q₂
6Q₁ = 100 - 2Q₂
divide through by 6
Q₁ = 16.7 - 0.33Q₂ ⁻⁻⁻⁻⁻⁻⁻ This is the reactant function for Q₁
δπ₂/δQ₂ = 100Q₂ - 2Q₁Q₂ - 2Q₂² - 2Q₂²
= 100 - 2Q - 4Q₂ - 4Q₂
= 100 - 2Q - 8Q₂
8Q₂ = 100 - 2Q₁
divide through by 8
Q₂ = 12.5 - 0.25Q₁ --------- This is the reactant function for Q2
Hence the reactant functions for these two equations are given as
Q₁ = 16.7 - 0.33Q₂ and Q₂ = 12.5 - 0.25Q₁
Read more on reactant functions here:
https://brainly.com/question/24384825
#SPJ1
After jill previewed her presentation she realized thst the chart she had chosen did not reflect the data in the way she wanted it to. What can she do now?
Answers
Jill can now alter the chart data by right-clicking and selecting the 'Edit' data button. To experiment with other types of charts, click the 'Change Chart Type' button.
What exactly is a create presentation?Make a presentation from scratch or from a template. Text, photographs, art, and videos can all be added. Using PowerPoint Designer, choose a professional design. Make use of transitions, animations, and motion. Organizations and consulting firms utilize presentations to inform, instruct, inspire, and convince internal and external audiences.
They include presentations into sales, training, and internal communication campaigns, relying on the power of words and images to engage and keep their audience's attention.
For more information about Presentation refer to the link:
https://brainly.com/question/24035610
#SPJ1
"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.
Answers
Answer:
College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.
The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.
Initiative means letting your boss define your tasks.
Answers
Answer:
False
Explanation:
1. the ability to assess and initiate things independently.
2. the power or opportunity to act or take charge before others do
Answer:
F
Explanation:
Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Answers
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
Learn more Comparative advantage at https://brainly.com/question/12291750
#SPJ1
A food worker needs to thaw
and cook a package of frozen
bacon.
How should the food worker
safely thaw the bacon?
a. Submerge the bacon in a bowl of hot
water
b. Submerge the bacon under cold,
running water
c. Microwave the bacon and put it in the
refrigerator
d. Microwave the bacon and cool it to
room temperature
Answers
Answer:
I think the answer is a) Submerge the bacon in a bowl of hot water
Explanation:
I hope this helps.
Here´s more to the answer:
Fill your sink/bowl pretty full with hot tap water. Then add the package of bacon. After about 10 minutes, drain the water and add new hot water. The bacon will probably be defrosted 10 minutes later.
Richter Manufacturing has a 10% unlevered cost of equity. Richter forecasts the following free cash flows (FCFs), which are expected to grow at a constant 2% rate after Year 3. Year 1 Year 2 Year 3 FCF $745 $770 $825 What is the horizon value of the unlevered operations? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What is the total value of unlevered operations at Year 0? Do not round intermediate calculations. Round your answer to the nearest dollar.
Answers
The return needed by either a business or an individual to justify an investment in equity is known as the cost of equity. Either the CAPM or the dividend capitalization model is used to calculate the cost of equity.
Explain in detail.
Horizon Value = Cash flow in Year 4/(required rate of return - growth rate)
= 805(1+3%)/(10%-3%)
= $11,845
b.Value today is equal to the present value of future cash flows
= 715/(1.10) + 750/(1.1)^2 + 805/(1.1)^3 + 11,845/(1.1)^3
= $10,773.97
To know more about Values here
https://brainly.com/question/13086476
#SPJ1
What does ASME Stand for
Answers
Answer:
American Society of Mechanical Engineers
Answer:
American Society of Mechanical Engineers
What are the values of entrepreneurship
Answers
Answer: what r value of entrepreneurship
Explanation: Bravery. In recognizing and pursuing and opportunity, an entrepreneur requires bravery. ...
Vision. Vision guides the entrepreneur through the business planning process, clarifying the opportunity and setting goals for the organization. ...
Respect for self and others. ...
Trust. ...
Honesty. ...
Generosity. ...
Fortitude. if thats what u mean by this question
US REFERENCE: SO 9
5. Given an organisation in a different province or country, describe the way in which performance
would be adapted.
Answers
Answer:
Adapting performance in an organization in a different province or country would require an understanding of the local culture, customs, laws, and regulations. The organization would need to take into account the linguistic and communication barriers that may exist, and may need to provide additional training. Performance metrics would also need to be reviewed and adjusted to reflect the unique challenges and opportunities of the specific geographic location. Additionally, the organization would need to build relationships with local stakeholders, such as customers, suppliers, and government officials, to ensure and maintain its success in the new market. A comprehensive market analysis and strategy development would need to be undertaken to ensure that the organization is positioning itself for success and anticipating local challenges. Finally, the organization may need to adjust its policies and procedures to align with local laws and regulations and to refreflect on theect the cultural norms of the new market. Overall, it is important for the organization to remain adaptable and flexible to maintain success in a new market.
Explanation:
If Government expenditures increase by $800B and MPS is equal to 0.05, what will be the increase in real GDP?
Answers
In the situation given above, where the government expenditures increase by $800B and the MPS is equal to 0.05, then the increase in the real GDP of the economy will be equal to $4T.
What is the significance of an increase in real GDP?An increase in the real GDP can be referred to or considered as the increase in the quantity of finished products being produced in an economy during a given period, which is also adjusted for the rate of inflation during such period.
When MPS is equal to 0.05, the value of the multiplier will be equal to 5. As a result, the increase in real GDP will be,
Increase in the real GDP = Increase in expenditure*Multiplier
Increase in the real GDP = 800 × 5 = 4T.
Therefore, the significance regarding the increase in the real GDP has been aforementioned.
Learn more about the increase in real GDP here:
https://brainly.com/question/14041520
#SPJ1
Which is true about the full block letter format?
Answers
every component of the letter is aligned to the left
Who is Warten Weg, and what does he do?
Answers
Explanation: Warten Weg is a highly skilled and talented graphic designer based in South Africa, who has made a name for himself in the industry as a successful freelancer. With a wealth of experience in the field of graphic design, Warten has established himself as a go-to designer for clients looking for innovative and visually stunning design solutions.
Warten's passion for design shines through in every project he takes on, whether it be designing a logo, creating a website, or designing marketing collateral. He is committed to delivering designs that not only look great but also convey a clear message and connect with the target audience.
Over the years, Warten has worked with clients from all over the world, developing a diverse portfolio of work that showcases his versatility as a designer. His ability to adapt to different industries and design styles has helped him establish long-lasting relationships with clients, who often return to him for repeat work. With his creative flair and exceptional design skills, Warten is sure to continue making waves in the world of graphic design for years to come. MORE INFO: Warten Weg - Graphic Design | Creative Director | Web Design
:D Hope this helps!
What national FCCLA region is Virginia in
Answers
Together with Puerto Rico and America Samoa, FCCLA is active in associations in 47 states. There is one state or territory-specific FCCLA adviser.
What's an illustration of association?
An association is a "using" connection in which there is no owner and each object has a separate lifespan. Think about a doctor and patient's connection as an illustration. Several patients may be connected to one doctor. the process of associating; the condition of association: connection and combination. a group of people with a shared interest in society that has a lengthy affiliation with the company. The term "NGO" is ambiguous and occasionally used interchangeably with the term "civil society organization," which refers to any group established by citizens. Political parties and labor unions may also be regarded as NGOs in some nations, which refer to them as nonprofit organizations.
Know more about shared Visit:
https://brainly.com/question/28392295
#SPJ1
Describe one specific change you would suggest for the Wells Fargo pay plan in one paragraph. E.x. add a different performance outcome or get more specific on how one of their new performance outcomes could be enacted or consider how to improve internal whistleblowing. Remember that contingent rewards often have unintended consequences, so explain how your change will help assure the performance outcome actually desired in another paragraph.
Answers
If you are an employee and you disclose specific wrongdoings. Usually, but not always, this will be something you've seen at work. You must reveal misbehavior that is in the public interest.
What is performance outcome?
A measurement based on an action taken by a patient in accordance with guidance given by a healthcare provider. PerfO assessments necessitate the cooperation and motivation of the patient.
Wells Fargo promotes online investment opportunities for investors by providing banking, insurance, deposits, loans, and funding for individuals and businesses through more than 8,600 jurisdictions, 13,000 ATMs, the platform, and mobile capital, as well as through its outlets in 36 regions and nations. With over 268,000 employees, Wells Fargo serves one in every five households in the United States. In fact, Wells Fargo & Company is ranked No. 27 on the 2016 Money list of the top corporations in the country.
Meeting our customers' financial needs and promoting their economic well-being are important priorities for Wells Fargo. Opportunities on Wells Fargo are also available at Wells Fargo Blogs and Wells Fargo Stories.
To know more about Wells Fargo:
https://brainly.com/question/17484322
#SPJ1
An increase in the number of consumers in the market for chocolate would ?
Answers
Answer:
lead to more money
Explanation:
kunkel company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. data for the two products for the upcoming year follow: mercon wurcon direct materials cost per unit $ 10.00 $ 8.00 direct labor cost per unit $ 3.00 $ 3.75 direct labor-hours per unit 0.20 0.25 number of units produced 10,000 40,000 these products are customized to some degree for specific customers. required: 1. the company's manufacturing overhead costs for the year are expected to be $336,000. using the company's conventional costing system, compute the unit product costs for the two products. 2. management is considering an activity-based costing system in which half of the overhead would continue to be allocated on the basis of direct labor-hours and half would be allocated on the basis of engineering design time. this time is expected to be distributed as follows during the upcoming year: mercon wurcon total engineering design time (in hours) 4,000 4,000 8,000 compute the unit product costs for the two products using the proposed abc system.
Answers
To solve this problem, we need to first compute the plantwide predetermined overhead rate using the direct labor-hours as the allocation base.
The total direct labor-hours for the upcoming year is 10,000 units * 0.20 direct labor-hours/unit + 40,000 units * 0.25 direct labor-hours/unit = 12,000 direct labor-hours. Therefore, the plantwide predetermined overhead rate is $336,000 / 12,000 direct labor-hours = $28 per direct labor-hour.
Next, we can use this overhead rate to compute the overhead cost per unit for each product by multiplying the overhead rate by the number of direct labor-hours per unit. For Mercon, the overhead cost per unit is $28 per direct labor-hour * 0.20 direct labor-hours/unit = $5.60 per unit. For Wurcon, the overhead cost per unit is $28 per direct labor-hour * 0.25 direct labor-hours/unit = $7.00 per unit.
We can then compute the unit product costs for each product by adding the direct materials cost per unit, direct labor cost per unit, and overhead cost per unit for each product. For Mercon, the unit product cost is $10.00 + $3.00 + $5.60 = $18.60. For Wurcon, the unit product cost is $8.00 + $3.75 + $7.00 = $18.75.
To compute the unit product costs using the proposed activity-based costing (ABC) system, we need to allocate half of the overhead based on engineering design time. The total engineering design time for the upcoming year is 8,000 hours. Therefore, the overhead allocation rate for engineering design time is $336,000 / 8,000 hours = $42 per hour.
We can then compute the overhead cost per unit for each product using the overhead allocation rate for engineering design time by multiplying the overhead allocation rate by the number of engineering design hours per unit. For Mercon, the overhead cost per unit is $42 per hour * 4,000 hours / 10,000 units = $16.80 per unit. For Wurcon, the overhead cost per unit is $42 per hour * 4,000 hours / 40,000 units = $4.20 per unit.
We can then add the overhead cost per unit based on engineering design time to the overhead cost per unit based on direct labor-hours to get the total overhead cost per unit for each product using the ABC system. For Mercon, the total overhead cost per unit is $5.60 + $16.80 = $22.40. For Wurcon, the total overhead cost per unit is $7.00 + $4.20 = $11.20.
We can then compute the unit product costs using the ABC system by adding the direct materials cost per unit, direct labor cost per unit, and total overhead cost per unit for each product. For Mercon, the unit product cost using the ABC system is $10.00 + $3.00 + $22.40 = $35.40. For Wurcon, the unit product cost using the ABC system is $8.00 + $3.75 + $11.20 = $22.95.
Learn more about Overhead cost at:
brainly.com/question/26454135
#SPJ4
Benjamin is a massage therapist who drives his car to clients, performing massages in their homes or even in their offices. He writes off the transportation expense at tax time. What is MOST likely Benjamin’s employment situation?
a. commission
b. hourly, working for salon
c. salary, working for salon
d. self-employed
Answers
It is MOST likely Benjamin’s employment situation option d. self-employed .
It is most likely that Benjamin is self-employed. This is because he is driving his own car to clients' locations and performing massages there, which suggests that he is working as an independent contractor or freelancer rather than as an employee of a salon or other company.
As a self-employed individual, Benjamin would be responsible for paying his own taxes, including self-employment taxes, and would likely be able to deduct expenses such as transportation costs on his tax return.
It is worth noting that the other options presented - commission, hourly working for a salon, and salary working for a salon - typically imply that the individual is an employee of the salon rather than self-employed.
In these scenarios, the salon would typically be responsible for providing the necessary equipment, scheduling appointments, and in some cases, reimbursing employees for transportation expenses.
Know more about self-employed here:
https://brainly.com/question/29463194
#SPJ11