The cost constraint suggests that, even when the cost of providing accounting information exceeds its benefit, the financial accounting information should always be provided. True or false?

Answers

Answer 1

Answer:

False

Explanation:

The GAAP established that when the benefits of obtaining accounting information are lower than the costs of providing that information, the information should not be provided.

For example, sometimes there are very small differences in certain accounts that don't allow a balance sheet to be balanced. If the accounting error is very small, e.g. just a few hundred dollars, then it is not reasonable to have a whole audit team check all the financial statements again to determine what caused the error. An adjusting entry could be made to close the account balances.

Imagine you are an auditor that must check the physical inventory of a factory and some boxes containing supplies are misplaced. It might take you a whole day to count again all the supplies and materials, but is it worth it? If the supplies were really expensive, probably yes, but if they were cheap components, then probably no.

Answer 2
Final answer:

The cost constraint suggests that financial accounting information should only be provided when its benefits outweigh the costs.

Explanation:

The statement is false.

The cost constraint in accounting suggests that financial accounting information should only be provided when its benefits outweigh the costs. If the cost of providing accounting information exceeds its benefit, it is not necessary to provide it. This is because the main purpose of financial accounting information is to help decision-makers understand the financial position and performance of a business. If the cost of providing the information outweighs the benefits, it would not be rational to provide it.

For example, if a small business spends a significant amount of money on hiring an external auditor to prepare financial statements, but the business does not have any external stakeholders or investors who require those financial statements, providing the information would not be economically justified.


Related Questions

Assume cash = $120, inventory = $470, accounts payable = $811, accounts receivable = $510, and total assets = $21,400. What is the current ratio?

Answers

Answer:

1.36 times

Explanation:

The computation of the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities  

where,

Total current assets = Cash + inventory + account receivable

                                  = $120 + $470 + $510

                                  = $1,100

And the total current liabilities equal to account payable i.e $811

So, the current ratio would be

= $1,100 ÷ $811

= 1.36 times

_____ lets programmers create Web pages that will update asynchronously while the rest of the Web page continues to be displayed in the browser.

Answers

Answer:

AJAX

Explanation:

Ajax programming (Asynchronous JavaScript and XML)

Ajax is a technology that allows HTTP queries asynchronously against the server. Under this definition, which may not be too clear for some people with little experience in the web environment, we find one of the most common tools on sites, which have allowed web applications to evolve to be as complex as we know them today.

In other words, Ajax allows access to existing data on the server without reloading the page completely. These queries against the server are made through Javascript and the data is processed using this same language, allowing the content of the page to be updated exactly where necessary.

To have all interactions with a customer recorded in one place and readily accessible to employees on a need-to-know basis when serving customers in marketing, sales, and support activities is called______________.

Answers

Answer:

Customer Relationship Management (CRM)

Explanation:

The core of every CRM system is the gathering and securing of customer information. It all starts there in a complete customer database, later that information is analyzed, shared and updated.

CRM is extremely useful for retaining current customers (increasing customer loyalty) and gaining new ones.

Final answer:

This is known as Customer Relationship Management (CRM), which is a strategy used to manage interactions with current and potential customers with the goal of driving customer retention and sales growth.

Explanation:

This concept is called Customer Relationship Management (CRM). CRM is a strategy for managing all your company's interactions with current and potential customers. It uses data analysis to study a customer's history with a company in order to enhance business relationships with customers, with the goal of customer retention and driving sales growth. CRM systems store customer contact information, accounts, sales opportunities and service incidents in one central location. These systems allow businesses to manage relationships with individual customers, which in turn assists in customer service and increasing business performance. Through CRM, all the relevant information is gathered in one place and is readily accessible for authorized personnel.

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The accrual basis of accounting is in accordance with GAAP (Generally Accepted Accounting Principles) because it best illustrates the ________ principle.

Answers

Answer:

matching

Explanation:

Accrual basis is a fundamental accounting concept that addresses the timing deference between when sales is made and the time payment is made. it states that all expenses must be recorded in the period in which they are incurred and all income recorded in the period in which they are earned irrespective of the period the expenses is paid or the period the income is received for such transactions.

Matching Principles is an accounting principles that gives expression to the accrual principles, it states that income must be matched against the expenditure that generated them.    

According to Karl Marx, workers in a capitalist economy are alienated from the product or products they produce because all of the above for the most part they could never afford to buy those products. specialization has them focusing on one small step in a complex production process. they have no part in conceptualizing those products.

Answers

Answer:

Living most of his life in Britain during the Industrialization period, Karl Marx noted that the only party who is benefiting from capitalism is Bourgeoisie (Those who own means of productions) not the Proletariat (workers who sell their labor for wages) as he looked at the society which was in contradiction, that is " In the country so rich, how could so many people be so poor ". He in that context blamed capitalism for creating alienation.

Explanation:

He defined Alienation as 'the experience of isolation and misery resulting from powerlessness'. Further, Karl Marx also noted that Proletariat (workers) are nothing more than a source of labor to the capitalist as they can be fired and hired at the will of those capitalists. And said that Capitalism has also made human a machine as they cannot learn much from it because they do sets of repeating similar tasks every day as from day 1 which is also nowadays referred to specialization (getting good at one skill) and results in dissatisfaction of workers and increase their powerlessness (the feeling that they have little or no control over their situation).

There are 4 types of alienation resulted from capitalism.

Alienation from products of work: Marx argued that as more efforts a worker put in manufacturing the particular product the more he gets away from it because the product which these workers produce doesn't belong to them they belong to the people who own the resources i.e Capitalists and they sell it to gain profit.Alienation from other workers: Since specialization has created a never-ending cycle of doing the same tasks everyday workers engage in them so deeply that they don't even realize that someone else is working as well in the same field. Workers don't have a sincere bond between them. A good example of this would a big factory where there are many departments and the worker of the marketing department doesn't get to know the worker in the management department.Alienation from human potential: As stated in the first paragraph that capitalism ruins the Gains of the job ( Learning, enjoying, satisfaction ) so the worker doesn't relate to it or is satisfied with it rather he is just fulfilling the requirement of the capitalist i-e producing. In result, he doesn't care for his health or just feels exhausted while trying hard to earn personal and little incentives. Alienation from the act of working: Since workers don't have any say in how to make, what to make, they are not satisfied with the way what they work and have become machines.
Final answer:

According to Karl Marx, workers in a capitalist economy experience alienation from the products they produce because they have no involvement in conceptualizing them, specialize in one small step, and cannot afford to buy those products.

Explanation:

According to Karl Marx, workers in a capitalist economy experience alienation from the product they produce. They are alienated because they have no involvement in conceptualizing those products, and specialization limits them to focusing on one small step in a complex production process. Moreover, the workers cannot afford to buy the products they produce. Marx believed that this alienation is a result of the commodification of labor in a capitalist society.

When reconciling a bank account, which one of the following is considered a timing difference (difference between the bank balance and the book balance)?

Answers

Answer:

The correct answer to the following question will be "Errors".

Explanation:

Many of the reasons why the equilibrium on the bank statement differs from the equilibrium of the books involve:

Charges on bank services and printing fees for checking. Errors on both the books for the firm. The bank balance is seen in the bank statement issued by the government and the equivalent figure shown in the financial statements of the company.

Therefore, it would be the right answer.

White Company manufactures furniture. Assume the following information:

1) Manufacturing overhead is allocated based on machine hours.
2) Manufacturing overhead is estimated to be $150,000 and machines hours are expected to be 10,000 hours.
3) The actual manufacturing overhead is $31,000 and there are 2,000 actual machine hours.

How much manufacturing overhead would White Company allocate?

Answers

Answer:

$30,000

Explanation:

Standard allocation rate = Estimated maufacturing overheads ÷ estimated machine hours

Standard rate = $150,000 ÷ 10,000 hours = $15 per machine hour

Actual overheads incurred = $31,000

Actual machine hours = 2000 hours

Overheads are to be allocated based upon predetermined/standard absorption rate being $15 per machine hour

Manufacturing overheads to be allocated = 2000 hours × 15 per machine hour

Manufacturing overheads to be allocated = $30,000

The term "utilization" denotes the fraction of time a resource is busy. Let's say your workload gradually increases, from you not being busy at all, to the point where you are now busy just less than half the time, meaning your utilization is now approaching 50%. Let's further say that your workload will continue to increase from here. If your workload quadruples from its current level, how many extra people should you hire to be able to handle all the work (assume that any person you hire will be exactly as productive as you)?

Answers

Answer:

The term "utilization" denotes the fraction of time a resource is busy. Let's say your workload gradually increases, from you not being busy at all, to the point where you are now busy just less than half the time, meaning your utilization is now approaching 50%. Let's further say that your workload will continue to increase from here. If your workload quadruples from its current level, how many extra people should you hire to be able to handle all the work (assume that any person you hire will be exactly as productive as you)?

4 people

Explanation:

Since the utilization at 50% means half work done then if its quadruples, it means the work rate will increase to 200%. Only 4 people would be able to match same strength as the initial self.

The hotel chain Ritz-Carlton employs the phrase "Ladies and gentlemen taking care of ladies and gentlemen" to demonstrate its cultural commitment to take care of both employees and customers. Which tool is Ritz-Carlton using to express its corporate culture?
a. The company is expressing its key corporate value with a slogan.
b. The company is using a ceremonial demonstration of its values.
c. The company is conveying the value of its employees with a story.
d. The company is illustrating its heroes with strong company values.

Answers

The company is expressing its key corporate value with a slogan.

Explanation:

Option 1: This is the right answer. Slogan is the best possible and smart way to attract the customer and make the customer to understand about the organization ethics and what the customer can benefit out of the organization.

Option 2:

This is invalid because a company should more focus on employee than itself.

Option 3:

Employees are really important to the organization but customer bring business where employee and the organization gets benefited. So keep slogan based on customer is better than to appreciate only employees.

Option 4:

This is also invalid.

Existing auction sites, such as eBay, are inherently more valuable to customers than new auction sites. This basic economic fact is called a(n) _____.

Answers

Answer:

The correct answer to the following question will be the "Lock-in effect".

Explanation:

Lock-in effect is a concept that can be spoken about either indoor or outdoor economics. Unlike route dependency, lock-in arises in economics whenever an agent behaves in a certain way because it's more productive when considering change costs, although it might not be successful when considering change costs.Operating online shops, such as eBay, Amazon, etc, are infinitely more valuable to the buyer than modern resale sites. The basic economic reality is called the Lock-in Effect.

Therefore, Lock-in Effect is the right answer.

Debra, the vice president of sales and marketing, evaluates Theo Chocolate's performance based on the
company's ability to meet a triple bottom line which values:
A. people, profit, and the planet in equal measure.
B. people first, then profit and the planet.
C. product, price, and place in equal measure.
D. assets, liabilities, and owner's equity.
E. profit first, then people and the planet.

Answers

Answer:

A. people, profit, and the planet in equal measure.

Explanation:

Debra, the vice president of sales and marketing, evaluates Theo Chocolate's performance based on the  company's ability to meet a triple bottom line which values:  people, profit, and the planet in equal measure.

This 3Ps points to the concept of triple bottom line reporting in accounting

Triple bottom line reporting is an accounting reporting framework which majors on three aspects: social, environmental (or ecological) and financial.

In the above definition, 'social' relates to 'people'; 'financial' relates to 'profits' and 'social' relates to 'planet'

Organizations who adopt the Tripple Bottom Line, do so to evaluate business performance in other ways other than finance in order to create greater business value.

A lash adjuster keeps pressure constant on engine​ valves, thereby increasing fuel efficiency in automobile engines. the relationship between price ​(p​) and monthly demand ​(d​) for lash adjusters made by the wicks company is given by this​ equation: dequals=​(2 comma 4002,400minus−p​)/0.100.10. what is the demand ​(modifyingabove upper d with caretd​) when total revenue is​ maximized? what important data are needed if maximum profit is​ desired?

Answers

Answer and Explanation:

Relationship between price and demand:

D = (2400 - p)/(0.100)

p = 2400 - 0.100*D

then:

Total revenue = p*D

                        = 2400*D - 0.100*D^2

for a maximum revenue:

dR/dD = 0

2400 - 0.100*2D = 0

D = 12000

this is considered a demand

for maximum profit, the initial cost of automobile engines should be less required.

The level of demand when demand when the total revenue is​ maximized is 12,000.

Relationship between the price and demand:

D = (2400 - p)/(0.100)

p = 2400 - 0.100*D

Total revenue = Price * Demand

Total revenue = 2400*D - 0.100*D^2

For a maximum revenue:

dR/dD = 0

Now we input the data

2400 - 0.100*2D = 0

2400 - 0.200D

0.2D = 2400

D - 2400 / 0.2

D = 12,000

In conclusion, the level of demand when demand when the total revenue is​ maximized is 12,000.

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If Avogadro's number of pennies is divided equally among the 321 million men, women, and children in the United States, how many dollars would each receive? How does this compare with the gross domestic product (GDP) of the United States, which was $17.419 trillion in 2015? (The GDP is the total market value of the nation's goods and services.)

Answers

Final answer:

To compute how much each person in the U.S. would receive from Avogadro's number of pennies, divide 6.022 x 10²23 (Avogadro's number) by 321 million and then convert the result from pennies to dollars. The per capita distribution from Avogadro's pennies is hypothetical and would not reflect actual wealth, unlike the GDP, which measures actual economic output. The $3,500 in circulation per person is not physically carried but held across various institutions.

Explanation:

To calculate how much money each person would receive from Avogadro's number of pennies, we need to first understand what Avogadro's number is. Avogadro's number, which is approximately 6.022 x 1023, is the number of units (atoms, molecules, etc.) in one mole of a substance. Considering pennies instead of atoms and dividing this huge number by the U.S. population provides an interesting way to understand the scale of Avogadro's number in terms of currency distribution.

First, let's calculate the number of pennies per person:

Divide Avogadro's number by the population of the United States (321 million).The resulting number is the amount of pennies each person would receive.

Now, let's convert the number of pennies to dollars:

Since there are 100 pennies in a dollar, divide the number of pennies per person by 100.

As for the comparison with the GDP of the United States, the per capita amount from Avogadro's number of pennies would be a hypothetical figure to illustrate the size of Avogadro's number, whereas the GDP represents the actual economic output of a nation. Comparing the two would show an unrealistic distribution of wealth if it were based solely on Avogadro's number of pennies.

Regarding where the cash is if the total amount of U.S. currency in circulation divided by the population is about $3,500 per person, not all cash is carried by individuals. It is often stored in banks, businesses, and other financial institutions, as part of the transaction processing system, or used in investment and savings programs.

Managers often assume a strictly linear relationship between cost and level of activity. How can this practice be defended in the light of the fact that many cost are curvilinear?

Answers

Answer:

Its an interesting debate. We know that costs do not have any linear relation with activity level. This cost usually is curvy-linear but instead of using curvy-linear relation, we deem that the relation between cost and activity level is linear because it is fact that their are ranges of activity levels during which the fixed cost remains constant where as the variable cost increases with the increase in the activity level. Constant increase in Total variable cost is witnessed for every increase in level of activity which is in this relevant range.

For example

If we say that

Variable cost per unit is $6 from zero to 100,000 units

and

Variable cost per unit is $5  from 100,001 to 300,000 units

So this is dependant upon the level of activity. Another practical example is if we order above $100,000 raw material we will receive a bulk discount and the variable cost will drop to $5 per unit from $6 per unit.

Katie is planning to sell her house, and she is considering two upgrades to the house before listing it for sale. Replacing the carpeting will cost $6,000 and replacing the roof will cost $12,000. Katie expects the the new carpeting will increase the value of her house by $7,000 and the new roof to increase the value of her house by $10,000A. She should replace the roof but not the carpeting. B. She should not make either improvement to her house. C. She should make both improvements to her house. D. She should replace the carpeting but not the roof.I said D. Am I wrong? Either way if im wrong or right can some explain it to me?

Answers

Answer:

D. She should replace the carpeting but not the roof.

Explanation:

Consider the following steps;

Step 1: Determine net value if she replaces the carpeting alone

Net value=Initial value+added value-carpeting cost

where;

Initial value=unknown, assume to be 0

added value=$7,000

carpeting cost=$6,000

replacing;

Net value=0+7,000-6,000=$1,000

Step 2: Determine net value if she replaces the roof

Net value=Initial value+added value-roof replacement cost

where;

initial value=assumed to be 0

added value=$10,000

roof replacement cost=$12,000

replacing;

Net value=0+10,000-12,000=-$2,000

Roof replacement will reduce the house value by -$2,000

Step 3: Determine net value if she decides to do both

Net value=net value for carpeting+net value for roofing

where;

net value for carpeting=$1,000

net value for roofing=-$2,000

replacing;

Net value=1,000+(-2,000)=-$1,000

If she decides to consider the two upgrade the house value will reduce by -$1,000

Step 4: Take the choice with the best value

The most valuable option would be to consider replacing the carpeting alone. By doing this, the value of the house rises by $1,000

If Norman invested $100,000 for 3 years at 12%, how much interest on interest will he earn? (Do not round intermediate calculations. Round the final answer to two decimal places.)

Answers

Final answer:

Norman will earn an interest on interest of $4,492.80 over a period of 3 years on his $100,000 investment at a 12% annual interest rate, assuming annual compounding. This is calculated by subtracting the simple interest from the compounded amount.

Explanation:

Calculating Interest on Interest with Compound Interest

To calculate the interest on interest that Norman will earn, we need to use the formula for compound interest. The formula for the future value with compound interest is:
A = P(1 + r/n)^(nt), where:

A is the amount of money accumulated after n years, including interest.

P is the principal amount (the initial amount of money).

r is the annual interest rate (decimal).

n is the number of times that interest is compounded per year.

t is the time in years.

Since the student has not specified the compounding frequency, we'll assume that it is compounded annually for simplicity. So for Norman's investment of $100,000 at a 12% annual interest rate for 3 years, the compound interest calculation would be:

A = 100000(1 + 0.12/1)^(1*3)

A = 100000(1 + 0.12)^3

A = 100000(1.12)^3

A = 100000 * 1.404928

A = $140,492.80

The total compound interest earned would be $140,492.80 - $100,000 = $40,492.80.

To find the interest on interest, we must calculate the simple interest for the same period and subtract it from the compound interest earned. The simple interest would be:

Simple Interest = P * r * t

Simple Interest = 100000 * 0.12 * 3

Simple Interest = $36,000.00

Therefore, the interest on interest is:

Interest on Interest = Compound Interest - Simple Interest

Interest on Interest = $40,492.80 - $36,000.00

Interest on Interest = $4,492.80

The interest on interest Norman will earn over 3 years is $4,492.80, rounded to two decimal places as requested.

A registered person wants to set up an investment program for a charity and will not be receiving compensation for his service. Which of the following statements is TRUE?

Answers

Answer:

B) He is required to provide written notice to his broker-dealer.

Explanation:

Under self-regulatory organization (SRO) rules, if a registered person engages transaction involving private securities, he/she must provide a written notice to his firm. Even if their is no compensation involved, the firm still has the right to impose certain conditions regarding the participation of the registered person.  

The center of a mid-ocean ridge is where Choose one: a) two continental plates converge. b) new oceanic lithosphere is being created. c) the oldest and densest oceanic crust is found. d) molten basalt subducts into the mantle.

Answers

Answer:

Option (B)

Explanation:

The mid-oceanic ridges are the contrasting geological landforms that are present in the middle of a divergent plate boundary. When two plates move away from one another, the hot and less dense magma rises upward, as a result of which the crust becomes thin and hot and eventually the magma erupts at the seafloor. The new materials are added to the oceanic crust along this ridge and the rocks that are formed here are geologically the youngest.

Thus, the center of the mid-oceanic ridges are found in the region where new oceanic lithosphere is formed and these ridges are the key features of a divergent plate boundary.

hence, the correct answer is option (B).

Final answer:

The center of a mid-ocean ridge is where the new oceanic lithosphere is being created. This happens when two oceanic plates separate, allowing magma to rise and solidify forming a new ocean floor.

Explanation:

The center of a mid-ocean ridge is the location of new oceanic lithosphere being created. A mid-ocean ridge, a key geological feature that can be found at tectonic plate boundaries in the world's oceans, is defined by a long, continuous chain of underwater mountains. These structures are formed by the divergence, or movement away, of two oceanic plates. As these plates separate, magma or molten rock from the mantle rises to fill the gap, solidifying to form new ocean floor or lithosphere. This is described as a process of seafloor spreading.

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A company's "macro-environment" refers to:
A. the industry and the competitive arena in which the company operates.
B. general economic conditions plus the factors driving change in the markets where a company operates.
C. the strategically relevant factors outside a company's industry boundaries—economic conditions, political factors, sociocultural forces, technological factors, environmental factors, and legal/regulatory conditions.
D. the competitive market environment that exists between a company and its competitors.
E. the dominant economic features of a company's industry.

Answers

Answer:

C. the strategically relevant factors outside a company's industry boundaries—economic conditions, political factors, sociocultural forces, technological factors, environmental factors, and legal/regulatory conditions.

Explanation:

A business' environment is usually categorized into the micro-environment and the macro-environment.

Micro Environment

This environment refers to elements or factors in an organisation's immediate or controllable environment that has the ability to influence their decision making and performance and this include the organisation's customers, employees, suppliers, intermediaries among others

Macro Environment

The macro environment however, refers primarily to a firm's external environmental elements and factors that are not within the control of the business but can significantly influence its performance and decision making process. As stated in the question they include economic conditions (inflation etc), political conditions (government policies), technological conditions (obsolescence of products or equipment), legal/regulatory conditions (government policies and bans) among others.

Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark that goes away after a few weeks. He has no other symptoms. What kind of exposure is this considered?

Select the best option.
A. Acute
B. Chronic
C. Deadly
D. No Effect

Answers

Answer:

its a;acute

Explanation:

dont listen to the dude above me

When your eyes or skin come into touch with an irritant, such as an acid-base, you get a chemical burn. Caustic burns are another name for chemical burns. They may induce an allergic reaction on your skin or elsewhere in your body.

Acute exposure is also known as small degree burns occurs when an individual comes in contact or into touch with a chemical acid or base for a short period of time. It could be a few seconds or several hours long. A minor burn that fades away after a few weeks, for example, is evidence of acute exposure, according to the question.

So, options B and C, deadly and chronic chemical exposures represent the severe damages with extreme complications for a lifetime. Therefore, option A is the correct answer.

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Momentum Automobiles, an automobile manufacturer, hires Dreams Inc. to cater to its advertising needs. Momentum is only required to provide the necessary finances and does not take part in any decision making. In the given scenario, Momentum Automobiles would be classified as a(n) (Points : 5)

1. client.
2. illustrator.
3. full-service agency.
4. advertising agency.
5. media organization

Answers

Answer:

1. client

Explanation:

The momentum Automobiles commonly known as an automobile manufacturer, hires Dreams Inc. to cater to its advertising needs. Momentum is only required to provide the necessary finances and does not take part in any decision making. In the given scenario, Momentum Automobiles would be classified as Client.

In the context of the environment, globalization critics argue that Select one: A. manufacturing enterprises are put at a competitive disadvantage by moving their production facilities to nations that do not have burdensome regulations. B. while pollution levels are rising in the world's richer countries, they have been falling in developing nations. C. adhering to labor and environmental regulations significantly increases the costs of manufacturing enterprises. D. free trade discourages firms from advanced nations to move manufacturing facilities to less developed countries. E. as countries get richer, they relax their environmental and labor regulations.

Answers

Answer:

C) adhering to labor and environmental regulations significantly increases the costs of manufacturing enterprises.

Explanation:

Many times large corporations move their production facilities to countries with very few or nonexistent environmental regulations. That way they can lower production costs and avoid any type of fine or penalty associated with polluting the environment. The same happens with labor laws, corporations look for countries with cheap labor and the fewest or weakest labor laws. In the US labor is restricted to a certain number of hours per week and a minimum wage, while that operate in some Asian countries force their workers to work 12-16 hours per day and pay them only a few cents per day.

But somehow this scenario seems to work for some poor countries, e.g. China has grown a lot and is currently leaving behind certain practices specially by enforcing a minimum wage on factories. But the leaders of other poor countries apparently are fine with the situation and are not interested in changing it. They probably fear that if they apply strict labor and environmental laws, foreign corporations will leave.

Firms choose how to produce the goods and services they sell. In many cases, firms face a trade-off between using more workers or using more machines. For example, A. many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer machines and more workers and a production method in China that uses more machines and fewer workers. B. a local service station has to choose whether to provide car repair services using more diagnostic computers to support their auto mechanics and fewer tools to support their auto mechanics or more tools to support their auto mechanics and fewer diagnostic computers to support their auto mechanics. C. many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines. Your answer is correct. D. movie studios have to choose whether to produce animated films using more highly skilled animators to draw them by hand or fewer highly skilled animators and more low-skill animators.

Answers

Answer:

C) many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines.

Explanation:

American manufacturing jobs have been constantly decreasing for a little more than two decades now. Most people like to blame China and other countries for that decline, since they state that american production moved overseas. That statement is only partially true, but for the most part is false. The vast majority of American manufacturing jobs have been lost to automation.

Apple used to build computers in California, and it started assembling them again a few years ago, but the factories were completely automated. Some jobs are created, specially those related to maintenance and programming, but they aren't very many. Most large factories use more robots and less humans, and the tendency will only increase in favor of the robots in the future.

A form of property ownership in which the buyer receives a proprietary lease and a share of stock in a corporation that owns the fee simple interest in the property is called _________

Answers

Answer:

A shareholder (One who is in a cooperate business with another, in other words, a business partner-that form of business is called partnership.)

Explanation:

A shareholder (or stockholder) is an individual or company including a corporation that legally owns shares of stock in a joint stock company

When buying into a cooperative, the purchaser becomes a shareholder in the corporation (business) by virtue of stock ownership and receives a proprietary lease to the apartment for the life of the corporation (or business).

Which of the following acts levies a tax on employers and employees that is credited to the federal old-age and survivors' trust fund and the federal disability insurance trust fund?a. federal insurance contributions actb. federal income tax actc. federal unemployment tax actd. fair labor standards act

Answers

Answer:

Option "A" is the correct answer for the following situation.

Federal Insurance Contributions Act.

Explanation:

It is a Compensation Program that is for salary or job payment from the United States directed at both workers and employers to support federal programs for Medicare and social security that provide coverage to veterans, people with disabilities and families of deceased citizens.

Income under this Act consist of old-age pension income, survivors and disabilities taxation, also known as payroll taxes, and health benefits tax, also known as Medicare taxes. For these taxes, different rates apply.

Mary is an Assistant District Attorney prosecuting a 26 year old defendant on drug charges. She learns that one of the perspective jurors is a friend and neighbor of the defendant's family. She will use a (n)_____________________strike to eliminate this potential juror.

Answers

Final answer:

Mary will use a peremptory challenge to exclude a potential juror who is connected to the defendant's family, ensuring the juror's potential bias does not affect the trial's outcome.

Explanation:

Mary is an Assistant District Attorney who would use a peremptory challenge to eliminate a potential juror who is a friend and neighbor of the defendant's family. The peremptory challenge is a tool allowed during jury selection or voir dire; it enables attorneys to remove a certain number of potential jurors without stating a reason, although this power is limited and cannot be used to exclude jurors solely based on race, ethnicity, or sex due to the Batson v. Kentucky ruling.

During the selection process, peremptory challenges differ from challenges for cause, the latter requiring a demonstrable reason, such as bias or conflict of interest, which must be acceptable to the judge conducting the jury selection.

Stable alliance networks will most often:_______. a. be used to enhance a firm's internal operations. b. emerge in declining industries as a way to increase process innovations. c. appear in mature industries where demand is relatively constant and predictable. d. emerge in industries with short product life cycles.

Answers

Answer and Explanation:

c. appear in mature industries where demand is relatively constant and predictable

"Logos, stationery, brochures, signs, business forms, business cards, buildings, uniforms, and company trucks are all examples of ________ that can be used to help a company create an identity that the public immediately recognizes."

Answers

Answer:

Corporate marketing

Explanation:

Corporate marketing -

It is the method , by which the organization or corporates attracts the potential customers , is referred to as corporate marketing.

They uses many innovative method in order to get more customers and flourish their company.

Various logos , cards , brochures etc. are used in this method .

Hence, from the given scenario of the question,

The correct term is corporate marketing.

As the CEO of a pharmaceutical company, Simone learned that the government was about to block the import of one of the company's biggest-selling drugs. She decides to sell her shares of stock before the information is made public. Since she used confidential information to make her decision, she is guilty of _____.
A. whistle blowingB. fair tradeC. insider tradingD. benchmarking

Answers

Answer:

The correct answer is (C)

Explanation:

Simone the CEO of a pharmaceutical company has sold company stock because of inside information. Any trade which results due to inside information is known as insider trading. Any information which is not public is known as inside information that leads to abnormal profits. Government, company owners and stock market officials are the ones who generally have such type of information.

The stock market is a market where shares are traded. These shares determine their value with the help of determinants like demand ,supply and other factors which result in the profits and losses for share traders.

Insider Trading

When any person uses the inside material information to gain unfair advantage by selling , buying or trading in shares without that information being publicly available for others than it is said to be as insider trading.

Insider trading is a punishable offence and is strictly prohibited by Securities Exchange Board Of India.

Therefore the CEO was having and inside information about government policies and she used that information for gaining undue advantage, so can be said as guilty of insider trading, OPOTION C is correct.

Learn more about Insider trading here:

brainly.com/question/5654856

The general pattern that consumption of the first few units of any good tends to bring a higher level of utility to a person than consumption of later units is known as : A. Law of Diminishing Marginal Utility B. Marginal Analysis

Answers

Answer:

Law of Diminishing Marginal Utility

Explanation:

The Law Of Diminishing Marginal Utility states that all things being equal as consumption rises the marginal utility derived from additional unit of consumption falls.

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